Tuesday, 19 June 2018
Latest news
Home » Money

Money

Airbus adjusts production plan, thousands of jobs to be impacted

perth_map

It believes it will be able to "propose opportunities" to "most" of the affected workforce, focused on other programmes which are undergoing a ramp-up. Following a meeting with company executives, the biggest trade union representing Airbus staff, Force Ouvriere, said management wanted to slash 3,720 jobs while avoiding outright redundancies. Read More »

(NYSE:XOM) Position Decreased by Marcus Capital LLC

perth_map

It has outperformed by 85.00% the S&P500. Montecito Bank & Trust decreased its stake in Exxon Mobil Corp ( XOM ) by 14.52% based on its latest 2017Q3 regulatory filing with the SEC. $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Chapman Neil A. Another trade for 22,656 shares valued at $1.81M was sold by Franklin Robert Stuart. Read More »

US Steel plans to restart Granite City Works

perth_map

And U.S. Steel said it would revive the furnace and steelmaking facilities when orders returned. Both Granite City Works blast furnaces and its steelmaking facilities were idled in December 2015 and the plant's hot strip mill was idled in January 2016 in response to "challenging market conditions, including global excess steel capacity and unfairly traded imports". Read More »

Ashtead Group (AHT) Stock Rating Reaffirmed by Numis Securities

The firm earned "Priority List" rating on Monday, October 19 by Wells Fargo. Barclays Capital maintained Burberry Group plc (LON:BRBY) on Thursday, April 20 with "Overweight" rating. The stock decreased 0.88% or $1.45 during the last trading session, reaching $162.9. About 50.83 million shares traded. Ares Management, L.P. (NYSE:ARES) has risen 31.82% since March 7, 2017 and is uptrending. Read More »

Ross Stores: We feel good about home

perth_map

Whirlpool Corporation (NYSE:WHR) has risen 6.81% since March 7, 2017 and is uptrending. It has underperformed by 20.81% the S&P500. While for the Next 5 years, the company could expect a growth of 10% per annum, whereas in the past Five years Ross Stores Inc. Read More »

Revenue Growth Analysis of Dollar Tree, Inc. (NASDAQ:DLTR)

perth_map

Dollar Tree , Inc. (NASDAQ:DLTR) has the Market Capitalization of 24.67 Billion. Bank of America increased their price objective on shares of Dollar Tree from $120.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, January 30th. Read More »

Medical Properties Trust, Inc. (MPW) Shares Bought by KBC Group NV

The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.43). AT&T Inc. (NYSE:T) has declined 0.52% since March 7, 2017 and is downtrending. Government Properties Income Trust had a net margin of 3.82% and a return on equity of 1.22%. Ubs Asset Americas, a Illinois-based fund reported 409,883 shares. Read More »

Rolls Royce back in profit as restructuring continues

perth_map

On an underlying basis, Rolls saw annual pre-tax profits rise 25% to £1.1 billion in 2017. Chief executive Warren East said the business had made good progress over the year, adding that a recently announced shake-up would "facilitate a more fundamental restructuring" creating a "much leaner corporate centre". Read More »

The Weight Watchers International (WTW) Given Daily News Impact Rating of 0.20

perth_map

Principal Financial Grp Inc Inc Inc reported 6,470 shares stake. Capital Growth Management Lp decreased Weight Watchers Intl Inc ( WTW ) stake by 33.33% reported in 2017Q3 SEC filing. Over the last three months, the shares of the company have changed 35.39% and performed 27.97% over the last six months. Perhaps the Weight Watchers stake is among the most liquid assets she has. Read More »

US Private Sector Added 235000 Jobs in February, ADP says

perth_map

The gains point to sustained consumer spending, which accounts for about 70 percent of the economy. "The job market is red hot and threatens to overheat", Mark Zandi, chief economist of Moody's Analytics in West Chester, Pennsylvania, said in the statement. Read More »

McDonald's debuts fresh beef across the US

perth_map

Roughly 3,500 locations in the USA are already serving fresh-beef Quarter Pounders, which are prepared to order for each customer. The fresh beef expansion comes as McDonald's is improving food quality and increasing menu variety to counter competition from older rivals such as Wendy's Co as well as more premium chains like Chick-fil-A, In-N-Out and Shake Shack Inc. Read More »

Applied Materials, Inc. (AMAT) Stake Lowered by Pitcairn Co

The company has a market cap of $60,971.37, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 1.10 and a beta of 1.58. The volume of the company in the last trading session was 1.22 Million. The stock was sold at an average price of $53.67, for a total value of $214,680.00. Therefore 100% are positive. Shares of Applied Materials, Inc. Deutsche Bank maintained the stock with "Buy" rating in Thursday, August 13 report. Read More »

UK House Price Growth Weakest Since 2013: Halifax

perth_map

But the annual rate of growth slowed from 2.2 per cent in January to 1.8 per cent in February, the slowest annual increase since March 2013, when prices rose by 1.1 per cent. TOYS R BUST When is the Toys R Us closing down sale and which stores are closing? For the tenth month in succession new buyer enquiries have fallen. Read More »

Coca-Cola plans to launch its first alcoholic drink

perth_map

About 6.36 million shares traded. On the other hand, the demand for fizzy and sports drinks have been diminishing at a fast rate across the globe, shrinking the market for some of Coca-Cola's strongest performing beverages at one time. Segment Wealth Management Ltd Llc accumulated 28,409 shares or 0.34% of the stock. Meridian Co invested in 0.64% or 28,586 shares. Bluestein R H And accumulated 5,415 shares or 0.01% of the stock. Read More »

Oil prices extend gains ahead of US inventory data

perth_map

Oil exports from the USA are also poised to climb after Congress lifted a 40-year ban in late 2015. Rising prices have USA shale producers pumping more, sending total US output to an all-time record above 10 million barrels per day. These contracts protect them should prices slip. "That is why we chose to meet again this time", he said. EIA projects that US Gulf of Mexico production, from both shallow- and deepwater projects, will average 1.70 million b/d in first-quarter 2018 and peak ... Read More »

SA dollar bonds gain after better-than-expected GDP data

perth_map

This signals that the country's economy is poised for a recovery. Treasury is forecasting growth to rise to 1.5% in 2018 on political and policy certainty, renewed confidence and rising private fixed investment. That's up from 2.3% in the third quarter. "Nene discussed the outcomes of his meeting with credit ratings agency Moody's and the country's improved economic outlook", said Botes. Read More »

Mo Farah: I was racially harassed in Germany

perth_map

Mo Farah has claimed he was racially harassed while travelling through Germany's Munich airport yesterday. The double double Olympic gold medal victor tweeted: "Sad to see racial harassment in this day and age". "You don't need to push me". 'You can't touch me. "Pure harassment. Pure, pure, harassment", Farah said. "I don't care", the official responds. Read More »

Hawaiian chooses Boeing 787-9s as future flagship

perth_map

Hawaiian Airlines has chosen Boeing's Dreamliner as the aircraft to take its business forward and expand its list of destinations. So Hawaiian chose to cancel that order and re-open the competition - this time choosing between the larger A330-900neo and the Boeing 787-9. Read More »

Baytex Energy Corp (NASDAQ:BTE) To Release Earnings

perth_map

The Manufacturers Life Insurance Company grew its position in Baytex Energy by 39.5% during the fourth quarter. The consensus mean EPS for the current quarter is at $-0.11 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. Read More »

Google is helping USA military train AI to study drone footage

perth_map

A report from Gizmodo says that Google is partnering with the United States Department of Defense and building drone software. Launched in April 2017, Project Maven is an effort to use machine learning and AI to analyze the vast amounts of surveillance footage the department captures. Read More »

Target Corporation (NASDAQ:TGT) To Release Earnings

perth_map

Other hedge funds have also recently bought and sold shares of the company. A number of research analysts have commented on the company. Shares of Target Corp. For the quarter ending Jul-18, 17 analysts have a mean sales target of 16,794.90 million whilst for the year ending Jan-18, 25 analysts have a mean target of 71,654.90 million. Read More »

The Eli Lilly and (LLY) Getting Somewhat Favorable Press Coverage, Analysis Shows

The total dollar value of all 115.27 million outstanding shares is 0.33 billion. What to Expect From Eli Lilly and Company ( LLY ) in Coming 5 Years? It has underperformed by 12.00% the S&P500. Investors sentiment decreased to 1.32 in Q3 2017. Amundi Pioneer Asset Management holds 0.06% in Intuit Inc. (NASDAQ:PFG) or 1,736 shares. Virginia-based Lowe Brockenbrough & has invested 0.3% in Starbucks Corporation (NASDAQ:SBUX). Read More »

Coinbase Poised to Launch its Own Crytpocurrency Index Fund

perth_map

The disarray may be made by a board discourse on digital currency inclines by CNBC's Fast Money which is set to highlight Ripple CEO Brad Garlinghouse and Coinbase President Asiff Hirji in the session. Its appearance on a major platform like Coinbase could catapult the currency into the mainstream, and you can expect it to appear in leading exchanges in the coming year. Read More »

Wednesday's Biggest Winners and Losers in the S&P 500

perth_map

Consumer spending, which accounts for more than two-thirds of USA economic activity, gained 0.2 percent in January, while core PCE price index, the Federal Reserve's favored gauge on inflation, rose 0.2 percent compared with economists' expectation of a 0.3 percent rise. Read More »

CT Mason Has $232000 Stake in Scripps Networks Interactive, Inc. (SNI)

perth_map

Burgundy Asset Management Ltd. lessened its holdings in Scripps Networks Interactive, Inc. The stock decreased 0.18% or $0.16 during the last trading session, reaching $90.1. AMZN's profit will be $576.09M for 320.09 P/E if the $1.19 EPS becomes a reality. Wheatland Advsrs Inc invested in 0.51% or 7,000 shares. Its up 0.22, from 0.58 in 2017Q2. Read More »

Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) Has Increase in Shorts

About 526,668 shares traded. BlackRock Inc. grew its stake in Kratos Defense & Security Solutions by 21.1% in the fourth quarter. Spirit Airlines, Inc. Private Wealth Advsrs holds 1.83% or 34,344 shares. Covington Mgmt invested in 0% or 2,000 shares. (NASDAQ: KTOS ) has "Hold" rating given on Thursday, June 8 by Jefferies. Read More »

Toronto home sales slump in Feb but prices stabilize

perth_map

The region's average selling price , covering all types of residential re-sales, was down 12.4 per cent to $767,818 - still one of the most expensive in Canada. To put things in perspective, in February 2017, this ratio was 81 per cent in the GTA, indicating unsustainably tight sellers' conditions. The data released by TREB reaffirmed a split in the market between detached houses and more affordable condominium apartments. Read More »

Smurfit Kappa rejects "unsolicited" takeover offer

perth_map

The company has market cap of 7.48 billion GBP. Having first approached Smurfit on February 14, the proposal made on February 23 was rejected on Monday evening. Bank of America Merrill Lynch analyst Alexander Berglund indicated that a successful bid may have to be as high as €44.80 per share. This, in total, would value Smurfit shares at EUR36.46 each. Read More »

Analysts Offer Predictions for Biogen Inc's Q1 2018 Earnings (BIIB)

The company has market cap of $1.75 billion. The stock increased 0.52% or $1.5 during the last trading session, reaching $288.45. About 904,335 shares traded. Hanson Mcclain has 106 shares. Investment Advisors Lp, a Texas-based fund reported 265,581 shares. (NASDAQ: BIIB ). Ubs Asset Management Americas holds 791,847 shares. Read More »