Tuesday, 16 October 2018
Latest news
Home » Money

Money

3M to Pay $850 Million to Settle Chemicals Suit

perth_map

The state and 3M reached a deal three years later requiring the company to spend millions to clean up landfills and provide clean drinking water to affected communities. The Star Tribune reported that the EPA's advisory sent communities nationwide scrambling to install technology to treat water. The state accused 3M of contaminating groundwater as it disposed of PFCs over decades. Read More »

Coles earnings fall, adding to Wesfarmers' Bunnings UK woes

perth_map

Wesfarmers has reported an 86.6 per cent plunge in its first-half net profit, after writing down the value of its Target and Bunnings UK business. Yet even without those impartments, net profit was down 3.3 per cent at A$2.35b. "The loss for the half reflected continued trading and execution challenges as a result of the rapid repositioning of Homebase following the acquisition", Wesfarmers managing director Rob Scott said in a statement. Read More »

Deutsche Bank cuts at least 250 jobs in investment banking

perth_map

Deutsche Bank's decision is part of a cost-cutting effort initiated by the bank's Chief Financial Officer James von Moltke, who has urged the bank to exercise proper money and cost management practices, following the abandonment of last year's targets. Read More »

UK Parliament Urges Plan to Adjust Farming Sector to Brexit

perth_map

Reverting to WTO tariffs would push up United Kingdom food prices, raising costs for consumers, the committee said, adding the country's standards on animal welfare and food standards could be at risk post-Brexit. The report called on the government to announce these quotas as soon as possible, so that the United Kingdom agricultural industry can have trading certainty for 2019 and onwards. Read More »

Walmart shares tumble after it reports 4Q earnings drop

perth_map

Among 10 analysts covering Zillow Inc ( NASDAQ:Z ), 6 have Buy rating, 0 Sell and 4 Hold. The firm has "Equal-Weight" rating given on Friday, November 3 by Morgan Stanley. About 29.90M shares traded or 230.82% up from the average. Shares for $125,299 were sold by Canney Jacqueline P on Tuesday, September 26. Edgemoor Investment Advisors Inc. Read More »

Timber Hill LLC Acquires New Stake in Mondelez International Inc (MDLZ)

The lowest price the stock reached in the last trading day was $18.29 and compares with the $13.63 52-week low. About 1.22 million shares traded. Raymond James Financial Services Advisors Inc. Natixis accumulated 1.31 million shares. (NASDAQ:MDLZ). National Planning Corp reported 13,711 shares or 0.11% of all its holdings. Numeric Invsts Limited Liability reported 0.01% of its portfolio in Mondelez International, Inc. Read More »

Walmart's stumbles with online growth

Walmart CEO Doug McMillon said Tuesday that most of the slowed growth was "expected and planned". "A smaller portion of the slowdown was unexpected as we experienced some operational challenges that negatively impacted growth". Comp sales increased of 2.6% for the fourth quarter of fiscal year 2018, with a 2.1% increase for the year-the highest growth rate since fiscal 2009. Read More »

Barings LLC Increases Holdings in Time Warner Inc (TWX)

Jet Capital Investors LP acquired 350,000 shares as Time Warner Inc ( TWX)'s stock rose 1.19%. Advisory Services Network LLC now owns 1,439 shares of the media conglomerate's stock valued at $144,000 after purchasing an additional 26 shares during the last quarter. Read More »

Vetr Upgrades Caterpillar (CAT) to Strong-Buy

About 2.98 million shares traded. Caterpillar (NYSE:CAT) was upgraded by Vetr from a "buy" rating to a "strong-buy" rating in a note issued to investors on Monday, February 5th. Bontempo Ohly Llc reported 2.39% of its portfolio in Caterpillar Inc. UBS maintained it with "Buy" rating and $155.0 target in Tuesday, December 5 report. Read More »

Man Seriously Injured In City Hit & Run

perth_map

A man in his 20s is in a serious condition following a suspected hit-and-run in south Dublin in the early hours of Sunday morning. The man was discovered on the side of the road at Parnell Rd/Clogher Rd Dublin 12 at around 5.55am and was rushed to St. Read More »

'Qatar maroon' features in Air Italy livery

perth_map

Meridiana is owned by AQA Holding, which in turn is 49 percent owned by Qatar Airways and 51 percent by the airline's previous owner, Alisarda. "In five years", he said , "the fleet will grow to 50 planes and will carry 10 million passengers", said Meridiana President Francesco Violante. Read More »

(NASDAQ:SBUX) Position Reduced by Capital Guardian Trust Co

It has underperformed by 4.22% the S&P500. Shanda Payment Holdings Ltd decreased its stake in Kkr & Co LP Del (KKR) by 33.26% based on its latest 2017Q3 regulatory filing with the SEC. 1,500 were accumulated by Thompson Siegel And Walmsley Limited Liability Corporation. Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.24, from 1.21 in 2017Q2. Read More »

Reckitt Benckiser CEO hails "significant year"

perth_map

Reckitt today upgraded cost savings from its acquisition of Mead Johnson from $250m to $300m. But a strong final quarter seems to have lifted spirits at the consumer goods giant, which is forecasting continued growth over 2018. The company said it sees 4 percent to 6 percent midterm growth in consumer health, which has been expanding more rapidly than the home-care operations. Read More »

Vodafone Group (VOD) Rating Reiterated by HSBC

Vodafone Group Plc (NASDAQ: VOD ) has declined 13.23% since February 19, 2017 and is downtrending. It has underperformed by 1.13% the S&P500. WARNING: " Vodafone Group (VOD) Rating Reiterated by HSBC" was originally reported by Week Herald and is owned by of Week Herald. Read More »

General Motors (GM) Position Boosted by Wealthfront Inc

Ford Motor (F) traded down $0.15 during mid-day trading on Monday, hitting $10.61. Following the sale, the insider now owns 14,358 shares in the company, valued at $186,654. RBC Capital Markets has "Sector Perform" rating and $15 target. Bank of America downgraded General Motors Company (NYSE:GM) on Wednesday, October 26 to "Neutral" rating. Read More »

IShares MSCI Europe Small-Cap (IEUS) Rises 0.25% for Feb 18

Trilogy Capital Inc. owned about 0.52% of iShares Edge MSCI Multifactor USA ETF at the end of the most recent quarter. The ETF's YTD performance is 0%, the 1 year is 0% and the 3 year is 0%. now owns 345,546 shares of the company's stock valued at $11,351,000 after acquiring an additional 261,956 shares in the last quarter. The ETF is -10.64% of its 52-Week High and 18.98% of its low, and is now having ATR of 0.9. Read More »

Eurostar's first direct service to Amsterdam launched in London

perth_map

Commercial service starting on Wednesday 4th April After extensive preparation, including a comprehensive programme of testing on the Dutch high-speed network, and the building of Eurostar terminals in Rotterdam and Amsterdam, Eurostar will start its commercial service from 4th April with two trains a day departing at 08.31 and 17.31. Read More »

Rhumbline Advisers Buys 459 Shares of Lam Research Co. (LRCX)

Hillcrest Asset Management Llc who had been investing in Sterling Bancorp/De Common Sto for a number of months, seems to be less bullish one the $5.45 billion market cap company. The stock of Sterling Bancorp (NYSE:STL) has "Market Perform" rating given on Monday, January 9 by Hovde Group. Lam Research Corporation is maintained at an average outperform rating by 17 stock analysts, and there are at least 6.56% of shares outstanding that are now legally short sold. Read More »

$0.17 EPS Expected for BlackRock Capital Investment Corporation (BKCC)

It has underperformed by 13.85% the S&P500. Basswood Capital Management Llc decreased Pulte Group Inc (PHM) stake by 15.55% reported in 2017Q3 SEC filing. 1,584 shares were sold by SHARBUTT DAVID E , worth $228,793. (NYSE:AN). Nationwide Fund holds 0.02% or 121,771 shares. 5,000 shares were sold by THOMPSON SAMME L, worth $715,800 on Tuesday, January 2. Read More »

(NYSE:DAL) Shares Sold by Robeco Institutional Asset Management BV

perth_map

The hedge fund run by Russell Lucas held 10,082 shares of the integrated oil company at the end of 2017Q3, valued at $473,000, down from 25,261 at the end of the previous reported quarter. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. research analysts predict that Delta Air Lines, Inc. will post 6.44 earnings per share for the current fiscal year. Read More »

Vipshop (VIPS) Receives Daily News Sentiment Rating of 0.25

The company has an average rating of Buy and an average price target of $16.40. The rating was downgraded by JP Morgan on Wednesday, May 18 to "Neutral". 15,245 are held by Bluestein R H. Regal Investment Advsr Lc stated it has 0.21% of its portfolio in Facebook, Inc. Sylebra Hk Communications reported 125,954 shares. Read More »

10 things to know about the BC budget

perth_map

The new speculation tax applies to global and domestic buyers who do not pay income tax in B.C and might leave their homes vacant. "We think that's a critical measure", said Armstrong. But Jock Finlayson, vice-president of the B.C. Business Council, said on the housing side, the government is more focused on relaxing demand pressures than offering more immediate help to municipalities and developers to increase supply. Read More »

Whiting Petroleum (WLL) Receives News Impact Score of 0.18

Shares of Whiting Petroleum Corp (NYSE WLL ) traded down $0.33 on Friday, hitting $23.33. Whiting Petroleum Corp. (NYSE: WLL ) now has a Weekly Volatility of 6.66% percent while its Monthly Volatility is at 5.36% percent. Ameriprise Financial Incorporated invested in 101,421 shares. Analysts expect Chatham Lodging Trust (NYSE:CLDT) to report $0.38 EPS on February, 28.They anticipate $0.06 EPS change or 13.64% from last quarter's $0.44 EPS. Read More »

Analog Devices, Inc. (NASDAQ:ADI) Shares Bought by Elefante Mark B

Somerset Trust Company increased its stake in Cisco Sys Inc Com (CSCO) by 52.28% based on its latest 2017Q3 regulatory filing with the SEC. On 1/2/2018 Ray Stata, Director, sold 10,000 with an average share price of $90.22 per share and the total transaction amounting to $902,200.00. Read More »

Analyzing the Insider Data for Bristol-Myers Squibb Company (BMY)

perth_map

Lathrop Investment Management Corp who had been investing in Nike Class B for a number of months, seems to be bullish on the $109.76 billion market cap company. BMY has been the topic of several analyst reports. As per Friday, February 16, the company rating was maintained by RBC Capital Markets. The firm has "Hold" rating by Jefferies given on Monday, October 16. Read More »

No Change to Synlait And A2 Supply Arrangements

perth_map

Managing director Geoff Babidge said it was a solid half-year performance and that was expected to continue. The specific protein-free milk has won favour in China , where sales rose threefold during the first half to NZ$114.4 million, a2 said. Read More »

Jefferies Group Brokers Boost Earnings Estimates for Pioneer Natural Resources (NYSE:PXD)

Canadian Natural Resources has a 52 week low of C$35.90 and a 52 week high of C$47.00. About 4.16M shares traded or 18.20% up from the average. It is down 7.86% since February 18, 2017 and is downtrending. Bluemountain Mgmt Ltd Llc has 0% invested in Pioneer Natural Resources Company (NYSE:PXD). Parsons Capital Management Ri reported 1,555 shares. Sit Inv Assocs Incorporated invested in 0.01% or 2,900 shares. Read More »

SunTrust Banks Raises AbbVie (NYSE:ABBV) Price Target to $157.00

It is up 495.14% since February 20, 2017 and is uptrending. It has outperformed by 6.81% the S&P500. Wesbanco Bank Inc increased Abbvie Inc ( ABBV ) stake by 8.52% reported in 2017Q3 SEC filing. Artemis Investment Mngmt Llp accumulated 1.35M shares. Wealthtrust Fairport Ltd Liability Com invested 1.07% of its portfolio in AbbVie Inc. (NYSE:ABBV). Read More »

Anadarko Petroleum (APC) Given New $66.00 Price Target at Morgan Stanley

The oil and gas development company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.15. The stock decreased 0.49% or $0.09 during the last trading session, reaching $18.29. Moreover, Ing Groep Nv has 0.05% invested in Anadarko Petroleum Corporation (NYSE:APC). 8,866 are held by Amer National Registered Advisor. Advisory Services Network LLC now owns 4,812 shares of the oil and gas development company's stock valued at $218,000 after ... Read More »

Ross Stores, Inc. (ROST) Holdings Boosted by Cadinha & Co. LLC

Somerset Trust Company increased its stake in Ross Stores Inc Com ( ROST ) by 20.66% based on its latest 2017Q3 regulatory filing with the SEC. Canada Pension Plan Inv Board owns 0.02% invested in Ross Stores, Inc. bought a new stake in Ross Stores during the fourth quarter worth $117,845,000. Virginia Retirement Et Al invested 0.23% in Ross Stores, Inc. (NASDAQ:ROST) for 17,833 shares. Read More »

Rathbone Brothers plc Decreases Position in Philip Morris International Inc. (PM)

Philip Morris International Inc. It has underperformed by 0.05% the S&P500. Ross Margolies increased its stake in Amgen Inc (AMGN) by 6.41% based on its latest 2017Q3 regulatory filing with the SEC. Piper Jaffray has "Buy" rating and $126.0 target. On Tuesday, October 10 the stock rating was maintained by Wells Fargo with "Buy". (NYSE:PM) by 12.1% in the fourth quarter, HoldingsChannel reports. Read More »

Clifford Swan Investment Counsel LLC Boosts Stake in Occidental Petroleum Co. (OXY)

The stock decreased 1.83% or $1.27 during the last trading session, reaching $68.16. About 752,712 shares traded. (NYSE:CHD) has risen 0.39% since February 20, 2017 and is uptrending. Employees Retirement Systems Of Ohio holds 0.07% of its portfolio in Church & Dwight Co., Inc. Occidental Petroleum (NYSE:OXY) last posted its quarterly earnings results on Tuesday, February 13th. Read More »