Money


United Kingdom vehicle production in decline - SMMT United Kingdom vehicle production in decline - SMMT
- February 01, 2018

Output for the domestic market fell by 9.8%, reflecting a decline in new auto sales, which gathered pace towards the end of the year. Overall demand for UK-built engines also spiked, with a production output increase of just under seven per cent. (more...)
Greater Lehigh Valley hit by three Bon-Ton store closings Greater Lehigh Valley hit by three Bon-Ton store closings
- January 31, 2018

A third-party liquidator, Hilco Merchant Resources, will manage the store-closing sales. Among them are Bon-Ton stores in Carlisle, Dubois, Erie, Johnstown, Selinsgrove, State College, Stroudsburg and Trexlertown, according to a list distributed this afternoon by the company. (more...)
Most Bizarre Stocks for the Day: Waddell & Reed Financial, Inc. (NYSE:WDR)
- January 31, 2018

Several other research analysts have also commented on the company. Brookfield Asset Management has raised its dividend for 5 consecutive years and Waddell & Reed Financial has raised its dividend for 6 consecutive years. According to sentiments of 4 analysts the mean estimates of short term price target for the company's stock is marked at $19. The company reached its 52-Week high of $23.48 on 01/18/18 and 52-Week low of $16.11 on 04/06/17. (more...)
Nevada gaming regulator opens investigation into Steve Wynn Nevada gaming regulator opens investigation into Steve Wynn
- January 31, 2018

Gaming regulators in MA have already launched a review into Wynn Resorts following the Wall Street Journal report last week, which detailed allegations of sexual misconduct spanning decades. Susan Collins and Lindsey Graham called on the GOP to return Wynn's donations, which totaled more than $200,000 a year ago, according to Federal Election Commission filings. (more...)
New York Community Bancorp, Inc. Setting The Table For Earnings
- January 31, 2018

The stock increased 1.21% or $0.17 during the last trading session, reaching $14.17. It has underperformed by 30.27% the S&P500. The Price to Sales (P/S) of the company is 4.23, while P/B (Price to Book) stands at 28.05. (NYSE:NYCB) is noted at 0.23. Investors sentiment decreased to 1.04 in Q3 2017. It dived, as 37 investors sold NYCB shares while 97 reduced holdings. (more...)
Hormel Foods Corporation (NYSE:HRL) Update on QI & Valuation
- January 31, 2018

Leggett & Platt Inc. now has $6.19 billion valuation. Over the last three months, insiders sold 299,687 shares of company stock valued at $27,733,958. The company was downgraded on Friday, October 6 by JP Morgan. Citigroup maintained Valero Energy Corporation (NYSE:VLO) rating on Wednesday, October 19. (more...)
Name of Sydney's controversial Ferry McFerryface scrapped
- January 31, 2018

The man who won the popular vote to have his name on a Sydney Harbour ferry - only to see the vessel renamed Ferry McFerryface - has hit out at the decision to rebadge the scandal-hit boat after a popular children's author. The minister signed off on the plan while adding the proviso that there be "no fish names". "We always said we would just run it over summer, have a look at how it goes", he told Channel Nine. (more...)
Goldman Sachs Group's (NYSE:GS) Outperform Rating Reaffirmed at Instinet
- January 31, 2018

Westside Investment Management Inc. now owns 550 shares of the investment management company's stock worth $134,000 after purchasing an additional 450 shares in the last quarter. Great West Life Assurance Company Can invested in 0% or 30,567 shares. In the latest week The Goldman Sachs Group, Inc. The correct version of this piece of content can be read at https://stocknewstimes.com/2018/01/31/goldman-sachs-group-inc-gs-stake-lifted-by-apg-asset-management-n-v.html. (more...)
Stocks Shining Bright on Wall Street: Twenty-First Century Fox, Inc. (NASDAQ:FOXA)
- January 31, 2018

The stock traded within a range of $38.46 and $39.13. The ATR may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system. Broad Run Investment Management Llc, which manages about $1.52 billion and $2.99 billion US Long portfolio, decreased its stake in O'reilly Automotive Inc New (NASDAQ:ORLY) by 4,475 shares to 973,260 shares, valued at $209.61 million in 2017Q3, according to the filing. (more...)
Facebook wants to show users more local news Facebook wants to show users more local news
- January 31, 2018

Facebook, which has more than 2 billion users worldwide, said it's prioritizing trustworthy, informative and local news. Reading more local news, he noted, can also motivate people to get more involved in their communities. They plan to expand to more countries later this year. This could have the side effect of burying outside opinions on local events, but that may be exactly what the social network intends. (more...)
M&S plans further store closures M&S plans further store closures
- January 31, 2018

The news comes after M&S posted a mixed bag of results in its key Christmas period with a fourth straight quarter of like-for-like sales decline in its food division and yet another steep decline in sales in its embattled clothing arm. M&S said all staff from these stores would move to nearby branches following the closure. M&S said like-for-like revenues fell 1.4% in the 13 weeks to 30 December. (more...)
Atalanta Sosnoff Capital LLC Acquires 1946 Shares of Costco Wholesale Co. (COST)
- January 31, 2018

Sm Energy Co now has $2.60B valuation. That value represents a market adjusting for revenues that have been growing by 13.20 % on a quarterly year/year basis as of the company's last quarterly report. It also reduced its holding in J & J Snack Foods Corp (NASDAQ:JJSF) by 10,320 shares in the quarter, leaving it with 4,712 shares, and cut its stake in Air Prods & Chems Inc (NYSE:APD). (more...)
Checking in on the Numbers for BCE Inc (BCE)
- January 31, 2018

The stock increased 1.01% or $0.5 during the last trading session, reaching $50.2. About 15.48 million shares traded or 56.90% up from the average. Alexion Pharmaceuticals, Inc. The rating was upgraded by Canaccord Genuity on Tuesday, May 31 to "Buy". Wells Fargo maintained the shares of C in report on Wednesday, December 20 with "Buy" rating. (more...)
(UTX) Stake Increased by Haverford Trust Co
- January 31, 2018

Atlanta Capital Management Co Llc bought 7,115 shares as the company's stock rose 5.51% with the market. Sivik Global Healthcare Llc who had been investing in Abbvie Inc for a number of months, seems to be bullish on the $195.26B market cap company. (more...)
Former Steinhoff CEO Jooste To Be Investigated By Hawks Former Steinhoff CEO Jooste To Be Investigated By Hawks
- January 31, 2018

Steinhoff's new chair, Heather Sonn, said on Wednesday that Steinhoff has reported its former CEO, Markus Jooste, to the Hawks. Since then it has been scrambling to secure funding and offload assets in order to stay afloat. Wiese said he "understood people's anger" after the firm admitted to accounting irregularities. Meanwhile, South Africa's Financial Services Board (FSB) is investigating possible cases of insider trading at Steinhoff. (more...)
Rice Midstream Partners (RMP) Stock Rating Lowered by Johnson Rice Rice Midstream Partners (RMP) Stock Rating Lowered by Johnson Rice
- January 31, 2018

The stock decreased 1.44% or $0.78 during the last trading session, reaching $53.27. When there are crossovers between the FAMA and MAMA, the shares are often widely traded. "Capital Stock" is the number of outstanding shares listed on a company's balance sheet and is reported with the company's quarterly filings with the US Securities and Exchange Commission. (more...)
'Tom Clancy's Jack Ryan' Has a Premiere Date and Super Bowl Ad 'Tom Clancy's Jack Ryan' Has a Premiere Date and Super Bowl Ad
- January 31, 2018

The first full-length trailer for the series, which will premiere August 31, just launched online much to everyone's delight. The CIA analyst at one point is seen cautiously going upstairs with a gun in his hand, seemingly about to capture a criminal who is hiding inside a home somewhere in the Middle East. (more...)
Volatile Movement - Maxim Integrated Products, Inc. (MXIM) Volatile Movement - Maxim Integrated Products, Inc. (MXIM)
- January 31, 2018

On Friday, January 26 the stock rating was maintained by BMO Capital Markets with "Hold". Insiders have sold 165,315 shares of company stock valued at $9,090,607 over the last 90 days. Drexel Hamilton lifted their target price on shares of Maxim Integrated Products from $52.00 to $60.00 and gave the stock a "buy" rating in a research note on Friday, October 20th. (more...)
ICICI Bank Q3 net profit falls 32% to Rs 1650 crore ICICI Bank Q3 net profit falls 32% to Rs 1650 crore
- January 31, 2018

Net Interest Income (NII) was at Rs 5,705.27 crore in this quarter, which was up by 6.37% from Rs 5,363.35 crore in Q3FY17, but mostly muted from Rs 5,709.07 crore in Q2FY18. Expecting the bank to be in the black in the next three-four quarters, Gurudeo Yadwadkar, Deputy Managing Director, emphasised that the bank's net interest income was up 105 per cent and operating profit showed a substantial jump (rising to ₹1,420 crore against ₹182 crore in the year-ago quarter). (more...)
Boeing 4Q Earnings Jump 92% To $3.1 Bn, Topping Estimates Boeing 4Q Earnings Jump 92% To $3.1 Bn, Topping Estimates
- January 31, 2018

This is a boost from Boeing's previous quarterly dividend of $1.42. The Two Sigma Securities Llc holds 3,642 shares with $926,000 value, down from 10,651 last quarter. Net earnings in 2017 grew 67% year-over-year to $8.2 billion on a 1% decline in revenue. Boeing's adjusted or core earnings per share expectation for 2018 are in the range of $13.80-$14.00. (more...)

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