Thursday, 18 January 2018
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Acuity Brands (AYI) Misses on Q1 Earnings and Revenues

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Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stifel Financial Corp trimmed its holdings in shares of Acuity Brands, Inc . The company has market cap of $23.26 million. Moody Lynn & Lieberson LLC now owns 2,392 shares of the company's stock worth $593,000 after buying an additional 29 shares during the last quarter. Read More »

Effectively hedging the stocks in today's share market: Snyder's-Lance, Inc. (LNCE)

Brown Advisory Inc invested in 0% or 17,782 shares. The three major U.S. stock indexes ended lower on Wednesday after a choppy trading session as shareholders anxious that China would slow U.S. Currently, the 14-day ADX for Snyders-Lance Inc ( LNCE ) is sitting at 68.40. The insider, TIDWELL ISAIAH, now holds 24,409 shares of LNCE . The stock of Snyder's-Lance, Inc. Read More »

Institutional Holdings and Trade Data for Duke Realty Corporation (DRE)

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The Foyston Gordon & Payne Inc holds 190,602 shares with $27.85M value, up from 150,238 last quarter. It is down 0.00% since January 5, 2017 and is. It has underperformed by 12.71% the S&P500. Amica Pension Fund Board Of Trustees owns 0.29% invested in Kilroy Realty Corporation (NYSE:KRC) for 33,444 shares. Meanwhile, during the same quarter Duke Realty Corporation (DRE) delivered a 3.91% earnings surprise. Read More »

What Do Analysts Say About Endo International plc (ENDP)

About 3.87 million shares traded. Endo International's quarterly revenue was down 11.0% compared to the same quarter past year. It has underperformed by 36.27% the S&P500.The move comes after 8 months negative chart setup for the $1.82B company. Read More »

IndusInd Bank net rises 25%, vehicle finance to see 'boom'

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IndusInd Bank managing director and CEO Romesh Sobti pointed out that the balance sheet size of the bank has crossed Rs 2 lakh crore for the first time. Operating Profit for the quarter was Rs. 1,664.69 crores as against Rs. 1,363.34 crores in thecorresponding quarter of the previous year, showing a growth of 22 %. Read More »

SunCoke Energy (SXC) Shares Up 10.3%

The company was downgraded on Wednesday, January 18 by Canaccord Genuity. Piedmont Investment Advisors LLC bought a new stake in shares of SunCoke Energy during the second quarter worth about $152,000. In the past 3-month period alone, shares of SXC have appreciated +2.98 - or +32.68%. That activity is comparable to their recent volume average trend of almost 0.2 million shares which they recorded over a period of three months. Read More »

California Legalizes Sales Of Marijuana, Hundreds Queue Up To Buy

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Shops selling marijuana opened for business in California on Monday, as it became the largest US state to allow the purchase of the drug for recreational use. The state's marijuana market has been valued at several billion dollars and is set to bring in around US$1 billion (NZ$1.4 billion) annual tax revenue . Read More »

Rio Tinto plc (RIO) PT Raised to GBX 3800

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Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The firm has "Buy" rating given on Tuesday, January 19 by Canaccord Genuity. Nepsis Capital Management Inc decreased Arcelormittal Sa Luxembourg stake by 31,755 shares to 187,113 valued at $4.82M in 2017Q3. Read More »

Dell Announces The New XPS 13 In The Run-up To CES 2018

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We saw this innovation in the 2015 XPS 13 and history will now repeat itself with the new release. The XPS 13 is often touted as delivering a 13.3 display in a body of a 12-inch laptop , thanks to its nearly borderless InfinityEdge display . Read More »

Catalyst among newsprint producers slapped with USA countervailing duties

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But groundwood from Canada is subsidized and being dumped at below market value, according to US manufacturer North Pacific Paper Co., also known as Norpac. The News Media Alliance, which represents more than 1,100 newspapers nationwide, sent a December 4 letter addressed to Commerce Secretary Wilbur Ross urging the agency to closely scrutinize Norpac's requests. Read More »

GFG Unit Offers $500M For Rio Tinto Smelter In Euro Push

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Aluminium content in vehicles manufactured on the continent in expected to rise by more than a quarter by 2024, with trends leaning towards lighter components to help lower carbon emissions. Rio Tinto chief executive Alf Barrios said the offer is the best option for the future development of the site while also delivering value for Rio Tinto. Read More »

State Schools Chief Lauds Governor's Proposed Budget

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California has faced 10 recessions since World War Two, and the state must prepare for the 11th, Brown said. "My Senate Republican colleagues and I are advocating for a pragmatic "2-2-2" framework that ensures the surplus will not be squandered on spending we can not afford", Republican Leader Patricia Bates (R-Laguna Niguel) said in a statement. Read More »

Florida Panthers Win Streak Snapped in Loss to Minnesota Wild

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Tuesday will be his first National Hockey League game in eight months and it comes as the Wild are in a fight for a playoff spot in the Western Conference. Other players who have had severe stretches of inconsistent play - like Chris Stewart, Marcus Foligno and Daniel Winnik - will now have to battle their way into the lineup nightly and not just expect a guaranteed lineup spot. Read More »

Analytical Preview of Corning Inc. (NYSE:GLW)

The stock increased 1.29% or $0.43 during the last trading session, reaching $33.76. 4,217,200 shares of the stock were exchanged, compared to its average volume of 5,445,872. The stock has "Outperform" rating by IBC on Tuesday, August 11. Susquehanna has "Buy" rating and $3500 target. Barclays Capital maintained it with "Overweight" rating and $25 target in Tuesday, September 29 report. Read More »

LeBron James Roasts Cleveland Browns In Spectacular Fashion After 0-16 Season

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Apparently, the same could be said about a losing season if you're the 0-16 Cleveland Browns . The frustration of fans turned into one man vowing to have a parade for the "perfect season" . Personally to me, the toughest job in Cleveland is not being under center, but working in the Ticket Sales Department out in Berea, calling jaded and angry fans about season ticket renewals. Read More »

Retail inflation rises to 5.21 pc, dashes rate cut hopes

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The Labor Department said its Consumer Price Index excluding the volatile food and energy components rose 0.3 percent last month also as prices for new motor vehicles, used cars and trucks and motor vehicle insurance increased. The U.S. central bank is forecasting three rate hikes for 2018. Vegetables prices grew 29.13 percent in December as compared with 22.48 percent a month ago, while prices of pulses continued to fall (-) 23.47 percent, as compared with (-) 23.53 percent in November. Read More »

Theresa May to reshuffle cabinet tomorrow

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But senior cabinet members including Chancellor of the Exchequer Philip Hammond , Foreign Secretary Boris Johnson , Home Secretary Amber Rudd and Brexit Secretary David Davis are expected to stay on. May told the in an interview broadcast Sunday that she hoped to secure agreement with the European Union on a post-Brexit transition period by March 31, and to draft a withdrawal agreement by the end of 2018. Read More »

Nearly 200 patients wait more than 24 hours in A&E

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She said: " Health staff across Scotland are dedicated to helping patients and are doing a fantastic job in hard circumstances". Last month also saw a significant increase in people suffering broken hips, with 45 cases of fractured neck of femurs compared to around 25 in previous months. Read More »

Analytical Report on JPMorgan Chase & Co. (NYSE:JPM)

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Analysts await Orion Engineered Carbons, S.A. (NYSE:OEC) to report earnings on February, 22. ( NYSE: JPM ) has grabbed attention from the analysts when it experienced a change of 0.40% in the current trading session to trade at $109.49. Buckingham Research downgraded the shares of JPM in report on Monday, October 17 to "Neutral" rating. Gilbert & Cook Inc. lessened its stake in shares of JPMorgan Chase & Co. Read More »

Infosys beats Street estimates in Q3, PAT grows 37.6% QoQ

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The amount of per share dividend recognised as distributions to equity shareholders for the nine months ended December 31, 2017 includes final dividend of Rs 14.75 per equity share and an interim dividend of Rs 13 per equity share. With the appointment of its new CEO and Mangaging Director Salil Parekh, the company further approved the dissolution of the Committee of Directors. Read More »

Cruise AV: GM Removes the Steering Wheel

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The location of the service has not been revealed. The petition filed with the National Highway Traffic Safety Administration seeks permission to deploy the autonomous cars, built on the Chevrolet Bolt EV platform, next year. GM, which also tests in Phoenix, said in a safety report slated to be released on Friday that for every 1,000 miles of autonomous driving, its vehicle needed to make 1,462 left turns in San Francisco, compared with 919 in the Phoenix suburbs. Read More »

Former Isle of Wight Businessman "Guilty" Of BHS Pension Charges

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Chappell, who denies the charges, was found guilty of three charges of neglecting or refusing to provide information and documents without a reasonable excuse at Brighton Magistrates' Court yesterday. It is not the one we were looking for. "I'm putting in an immediate application for an appeal in this case which we will be doing tomorrow". Giving evidence in the case for the first time, Mr Chappell said he had "provided as much information as we possibly could". Read More »

Fiat Chrysler to invest US$1b, pay bonuses on U.S. tax cut

That truck is now made in Saltillo, Mexico, where workers will continue to make commercial vehicles. Fiat Chrysler Automobiles is investing US$1 billion in a MI truck factory and paying worker bonuses in the wake of a USA tax cut, gestures that could come in handy amid major policy matters being sorted out in Washington. Read More »

China shuts down Marriott website for listing Tibet as separate country

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The status of Tibet has also been the subject of controversy for decades, ever since China sent troops to the mountainous region in 1950 to enforce its territorial claim in the face of an independence movement. Marriott's Chinese website now shows a message with an apology. Marriott has now begun an investigation. The Maryland-based hotel group announced in 2016 that it would double its presence in China, where it today operates more than 300 properties and has another 340 in the pipeline. Read More »

Louisiana tried to woo auto plant with $500M in incentives

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Toyota and Mazda are participating in a joint venture to build the plant, which will produce the Toyota Corolla and a new Mazda crossover, with a capacity to build 300,000 vehicles annually. "Our workforce, well trained and committed to producing high-quality vehicles and parts, is the reason these companies are deepening their roots here, bringing even more new jobs and opportunity for communities across the state". Read More »

The rocket has successfully lifted off from its launch pad at Sriharikota

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There are only three Indian satellites among the 31 that ISRO is launching today at 9:29 AM under its first mission in 2018 - the PSLV-C40/Cartosat-2 Series Satellite Mission. The co-passenger satellites include a microsatellite and one nanosatellite from India along with 3 microsatellites and 25 nanosatellites from other countries. Read More »

Jeff Bezos Of Amazon Becomes The Richest Man In History

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This is because of Amazon's dominant performance during the online holiday season. Olson added that he expects Amazon sales to increase 28 percent in 2018 compared to previous year. Mr Bezos also controls closely held space exploration business Blue Origin and the Washington Post . According to Forbes , 2017 was a record year for the ultra-rich with the number of billionaires in the world jumping 13 per cent to 2043. Read More »

Malaysia Launches New Search for Missing Airliner

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Lai said the company has been given a deadline of 90 days to complete the search and will not charge any fee if it is unable to locate the remains of the flight that is believed to have crashed in the Indian Ocean. The new search zone is an area of approximately 25,000 square kilometres in the Indian Ocean. Ocean Infinity's priority is to locate the wreckage or the black box recorders - flight and cockpit recorders - or both, and present credible evidence to confirm their location, Liow added. Read More »

Probe into latest near-miss at San Francisco airport

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The incident was reported Tuesday when Aeromexico Flight 688 from Mexico City was given clearance to land on Runway 28R at SFO. The tower ordered the Aeromexico Boeing 737 jet to circle around. The jet was approved to land on an open runway, but it became misaligned as it flew closer to the airport . "The tower, air traffic control, did a very good job, they sent the Aeromexico flight around". Read More »

Crude Oil Back Near 3-Year Peak

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WTIfuturescost $63,5/baftergaining 0,8% onthatday. This week's supply reports from the American Petroleum Institute and the USA government's Energy Information Administration are predicted to reveal that US crude stocks dropped by 4.1 million barrels, an eighth week of decline. Read More »

The price of cryptocurrency Ethereum rose to record value

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Prices of the world's largest cryptocurrencies appeared to take some major hits on Monday morning after CoinMarketCap .com, arguably the most popular and important site for cryptocurrency pricing data, opted to remove South Korean exchanges from its data sources . Read More »

Even a bitcoin conference can't handle bitcoin payments

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The North American Bitcoin Conference , held in Miami next week, said on its website that network congestion and manual processing influenced the decision to stop accepting payments in cryptocurrencies. It's not a quick and easy transaction system. Other organisations have also steered away from bitcoin due to fears over fees and price fluctuations in recent months. Read More »