Money


Telstra to monetise locked-in recurring NBN receipts Telstra to monetise locked-in recurring NBN receipts
- August 30, 2017

Other NBN effects on Telstra's financial results meant Telstra Wholesale's income grew by 7.2 percent to AU$2.8 billion due to an increase in NBN ISA ownership receipts as the rollout gains pace; and Telstra Operations income growing by AU$1.2 billion due to an increase in NBN commercial works. (more...)
Best Buy Apologizes for Outrageous Bottled Water Prices During Hurricane Harvey Best Buy Apologizes for Outrageous Bottled Water Prices During Hurricane Harvey
- August 30, 2017

Best Buy has spoken out about the issue, saying that this was a big mistake on the part of some of their employees. However, the company said that it does not sell water by the case and the signage promoting the offer was a mistake made by several employees. (more...)
Stocks, dollar recover as North Korea jitters abate Stocks, dollar recover as North Korea jitters abate
- August 30, 2017

Gold prices extended their climb into a third session in a row as US President Donald Trump said "all options are on the table" after the Democratic People's Republic of Korea (DPRK) launched a missile that flew over Japan . Gold prices edged lower early on Wednesday after hitting a more than nine-month peak in the previous session, as the dollar recovered from multi-year lows on easing tensions surrounding North Korea . (more...)
Disrupted Parts Supply Brings Halt to Hyundai Motor's Factories in China Disrupted Parts Supply Brings Halt to Hyundai Motor's Factories in China
- August 30, 2017

The decision comes as a local supplier stopped deliveries of plastic fuel tanks after Hyundai's China joint venture failed to make payment. 68% of the company's total sales come from Beijing Hyundai. Hyundai Motor's sales from its Chinese factories plummeted 64 percent to 105,000 vehicles in April-June alone. In the January-July period, Hyundai sold a total of around 350-thousand vehicles in China, down 41-percent from some 600-thousand units a year ago. (more...)
USA stocks open lower after North Korea missile test USA stocks open lower after North Korea missile test
- August 30, 2017

Platinum for October delivery jumped $14.20, or 1.44 percent, to settle at $1003.50 per ounce. The price of gold rose 0.7 percent. The broader S&P 500 , which comprises many U.S. The Nasdaq composite added 7 points, or 0.1 percent, to 6,290. USA gold futures for December delivery were up 0.5 per cent at $1,322.20 per ounce. Stocks are opening lower on Wall Street Tuesday led by drops in materials companies and banks, as investors were rattled by the launch of a North Korean missile ... (more...)
Harvey Rain Is Heaviest in History; 8 Confirmed Dead Harvey Rain Is Heaviest in History; 8 Confirmed Dead
- August 30, 2017

John Nielsen-Gammon, Texas state climatologist, told The Washington Post that a rain gauge in Mont Belvieu, about 40 miles east of Houston , had registered 51.1 inches of rain through early Tuesday afternoon. No longer a major hurricane, the tropical storm was still dumping heavy rain on southeastern Texas and western Louisiana. Columbia Lakes residents in Brazoria County evacuated immediately, following orders from county officials. (more...)
Securities Analyst Recommendations: Valeant Pharmaceuticals International, Inc. (VRX), Parsley Energy, Inc. (PE) Securities Analyst Recommendations: Valeant Pharmaceuticals International, Inc. (VRX), Parsley Energy, Inc. (PE)
- August 30, 2017

About 33,870 shares traded. Expedia Inc (NASDAQ:EXPE) has risen 30.43% since August 28, 2016 and is uptrending. It has outperformed by 11.63% the S&P500. Bb&T Ltd Liability Com reported 27,595 shares. The stock of Valeant Pharmaceuticals Intl Inc (NYSE: VRX ) has "Sector Perform" rating given on Tuesday, October 20 by IBC. (more...)
Madison mayor calls on Trump to continue young immigrants program Madison mayor calls on Trump to continue young immigrants program
- August 30, 2017

In addition we all know that DACA is a source of strength for our City and University. "You are the quarterbacks; there are a lot of organizations that are standing ready to be the linemen for you", Rev. Since taking office, however, Trump has softened his stance on the issue, at one point telling The Associated Press that the affected young immigrants could "rest easy". (more...)
Adam Levine Slams 'Utterly Horrible' MTV VMAs Adam Levine Slams 'Utterly Horrible' MTV VMAs
- August 30, 2017

The singer also expressed his outrage over MTV cutting Julia Michaels' performance short. But Adam's anger was really piqued when Best New Artist nominee Julia Michaels had her performance cut off before its end. The "Sugar" hitmaker first slammed the network and the show in 2011 when he tweeted, "the VMA's". One day a year when MTV pretends to still care about music. (more...)
Here's how to help Hurricane Harvey victims Here's how to help Hurricane Harvey victims
- August 30, 2017

Join me in donating to @salvationarmyUS at http://HELPSALVATIONARMY.org or text STORM to 51555", and ended , "It's heartbreaking to see the devastation in Texas. But most people in the midst of such trauma aren't aware of these important measures - they are trying to process what is happening to them. He says over 50 volunteers from Wisconsin are being sent to help with relief efforts in Texas. (more...)
Gold jumps to 11-month high amid geopolitical tension
- August 30, 2017

USA gasoline price, which surged as much as 7 per cent to a two-year peak of US$1.7799 a gallon on Monday, traded at US$1.7263 in early Tuesday trade. The precious metal jumped 0.9 percent to $1,324 per ounce, hitting its highest level since November 9. U.S. stocks rebounded from a sharply lower open on Tuesday and helped an index of global equity markets pare losses as investors shrugged off concerns over North Korea's latest missile test. (more...)
Hurricane Harvey Drives Up Gas Prices Nationwide Hurricane Harvey Drives Up Gas Prices Nationwide
- August 30, 2017

The outages in America's energy hub will significantly curtail the supply of gasoline . Spot prices for USA gasoline futures surged 7% to a peak of $1.7799 per gallon, the highest since late July 2015, before easing to settle at $1.7123, up more than 3%. (more...)
Firms & Funds Favorite: Exact Sciences Corporation (NASDAQ:EXAS)
- August 30, 2017

Exact Sciences Corporation (NASDAQ: EXAS ) shares were trading higher by 3.05 percent ($1.22) at $41.18 a piece in Monday's session. It has outperformed by 441.54% the S&P500. The firm has "Buy" rating given on Monday, August 24 by Canaccord Genuity. Rwc Asset Management Llp decreased Devon Energy Corp New (NYSE:DVN) stake by 121,048 shares to 258,574 valued at $11.81 million in 2016Q4. (more...)
Hibbett Sports, Inc. (HIBB) Shares Bought by Janney Montgomery Scott LLC
- August 30, 2017

Hibbett Sports, Inc . (NASDAQ: HIBB ) has declined 26.07% since August 28, 2016 and is downtrending. (HIBB) now has a value of $11.75 while the company's 52 week low is at $9.40, the shares dropped to the 52 week low on 08/18/17. The firm earned "Market Perform" rating on Wednesday, December 7 by Telsey Advisory Group. The stock has "Hold" rating by Susquehanna on Friday, August 18. (more...)
UnitedHealth's Optum will acquire Advisory Board's healthcare business for $1.3B UnitedHealth's Optum will acquire Advisory Board's healthcare business for $1.3B
- August 30, 2017

Bb&T Limited Company holds 0% or 10,075 shares. BlackRock Inc. raised its stake in The Advisory Board by 72,455.6% in the first quarter. 80,616 were accumulated by Deutsche Financial Bank Ag. The firm's stock has a market capitalization of $2.03 bln. As per Friday, March 10, the company rating was downgraded by Suntrust Robinson. Fifth Third Bancshares has invested 0% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). (more...)
Honda teases electric vehicle concept Honda teases electric vehicle concept
- August 30, 2017

Mini has given the clearest indication yet of what we can expect from an electric Mini by unveiling a new concept vehicle in these pictures. Now there's the MINI Electric Concept which, they claim, remains "quintessentially MINI and sporty". (more...)
Plains Group Holdings, LP (PAGP) Given Average Recommendation of "Hold" by Brokerages
- August 30, 2017

At the time of writing, the First Call consensus price target for the company is $26.29. A number of other analysts have also recently weighed in on the stock. The average 1-year price target for Valley National Bancorp (VLY) - averaging the work of different analysts - reveals a mean PT of $12.88/share. The business's revenue was up 22.8% on a year-over-year basis. (more...)
NTPC share sale may fetch around Rs14,000 cr for govt NTPC share sale may fetch around Rs14,000 cr for govt
- August 30, 2017

The government is selling over 412.2 million shares or 5 per cent stake in the state-run power producer with an option to retain over-subscription of similar amount, which could raise the money raised through NTPC stake sale to almost Rs14,000 crore. (more...)
Terra Nova Asset Management Raises Stake in JP Morgan Chase Co
- August 30, 2017

Shellback Capital Lp owns 100,000 shares or 2.09% of their U.S. portfolio. $568,100 worth of stock was sold by BACON ASHLEY on Thursday, May 11. About 96,474 shares traded. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and numerous world's most prominent corporate, institutional and government clients under its J.P. (more...)
Lawyers urge Harvey victims to file insurance claims before September 1 Lawyers urge Harvey victims to file insurance claims before September 1
- August 30, 2017

Having dumped more than two feet (60 cm) of water on Houston already, Harvey, which hit the Texas coast as a Category 4 hurricane but is now a tropical storm, was expected to hover over Southeast Texas for several days and drop more than two more feet of water. (more...)