Tuesday, 18 June 2019
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Sensex, Nifty reduce losses but close on negative note


The market reversed previous day's gains amid consolidation on Wednesday, tracking global weakness amid fears surrounding future relationship between U.S. Back home, ITC was biggest contributor to Nifty's losses, down 2.5 percent after Macquarie downgraded the stock to neutral and slashed target price to Rs 304 from Rs 340 on lower volumes. Read More »

French Fashion Giants, LVMH, Kering Ban Ultra-Thin Models


Unlike the French law, the charter also will apply to the worldwide Kering and LVMH brands with runway collections presented in Milan, London and NY. While the French law set to take effect October 1 requires both male and female models to present a health certificate obtained within the previous two years, LVMH and Kering said their charter would shorten the time frame to six months of the job. Read More »

BidaskClub Lowers Boston Scientific Corporation (BSX) to Sell

It has outperformed by 2.42% the S&P500. Zacks Investment Research downgraded Boston Scientific Corporation from a "hold" rating to a "sell" rating in a report on Tuesday, July 11th. Geller Family Office Services Llc owns 2.76 million shares or 35.44% of their U.S. portfolio. Lmr Ptnrs Ltd Liability Partnership owns 149,150 shares. Read More »

How Analysts Rated Audioboom Group PLC (LON:BOOM) Last Week?


This was issued to clients in a research report on Wednesday, 6 September. The firm has "Underperform" rating given on Monday, January 11 by Wells Fargo. Investors sentiment decreased to 1.15 in Q4 2016. 235.89 million shares or 2.83% more from 229.41 million shares in 2016Q3 were reported. Matrix Asset Advsrs Ny accumulated 43,879 shares. Read More »

Wall Street slips on North Korea jitters


Asian stock markets were lower on Wednesday as investors found ample reasons to stay away from risky assets amid still-high tensions on the Korean Peninsula and the powerful hurricane approaching the U.S. US gasoline prices were 3.15 percent lower at $1.69 per gallon. The average had been down more than 277 points. Confirmation that euro zone business activity remained robust last month had helped the pan-European STOXX 600 .STOXX claw back some of the ground lost on Monday amid global ... Read More »

Flannels now wholly owned by Sports Direct


It expects the acquisition to significantly enhance earnings of its premium luxury division in the medium to long-term. Sports Direct's under-fire chairman, Keith Hellawell, has defended the retailer's decision not to shift temporary staff off zero-hours contracts, saying a "very large proportion" of the workforce wanted flexibility. Read More »

Advanced Micro Devices Inc

It has outperformed by 185.95% the S&P500. Check Capital Management Inc decreased Johnson & Johnson (JNJ) stake by 78.52% reported in 2016Q4 SEC filing. (NASDAQ: AMD ). Oregon Pub Employees Retirement Fund reported 254,457 shares or 0.06% of all its holdings. Nomura Asset Ltd stated it has 26,100 shares. Read More »

Harley Davidson Inc 2016 Q4 Institutional Investor Sentiment Worse Than Expected


KeyBanc Capital Markets upgraded the shares of SHW in report on Tuesday, April 4 to "Overweight" rating. Facebook Inc now has $499.64B valuation. The Beta for the stock stands at 0.86. The firm earned "Hold" rating on Tuesday, June 6 by Mizuho. The firm has "Neutral" rating given on Friday, September 9 by JP Morgan. Investors sentiment increased to 1.4 in Q4 2016. Read More »

Revenue Estimates Analysis Carrizo Oil & Gas Inc. (CRZO)

Carrizo Oil & Gas Inc (NASDAQ: CRZO ) has declined 34.05% since September 4, 2016 and is downtrending. It has underperformed by 56.55% the S&P500. State of Alaska Department of Revenue increased its stake in shares of Carrizo Oil & Gas by 1.8% in the first quarter. Read More »

Microchip Technology Inc (NASDAQ:MCHP) Institutional Investor Sentiment Analysis

Traders are a little more bearish on shares of Microchip Technology Incorporat of late if you watch the motion in short interest. It has outperformed by 51.60% the S&P500. Geode Management Limited Liability Company reported 0% stake. Blackrock Advsrs Ltd Company accumulated 0% or 24,408 shares. Gsa Capital Prns Llp holds 13,618 shares or 0.05% of its portfolio. Read More »

Brokers Change Their Target Price On CVR Partners, LP (NYSE:UAN)

About 314,948 shares traded. The stock of CVR Partners LP (NYSE:UAN) hit a new 52-week low and has $2.42 target or 7.00% below today's $2.60 share price. Raymond James Associates holds 19,943 shares or 0% of its portfolio. At present, 0 analysts call it Sell, while 1 think it is Hold. Finally, Cowen and Company restated a "hold" rating and set a $5.00 price target on shares of CVR Partners , in a research report on Tuesday, July 11th. Read More »

Active Volume Stock: General Electric Company (GE)


Many analysts have provided their estimated foresights on General Electric Company Earnings, with 13 analysts believing the company would generate an Average Estimate of $0.5. Cable Hill Partners LLC raised its position in General Electric by 12.5% in the first quarter. Putnam Invests Ltd reported 1.47 million shares. Boyar Asset Mgmt owns 62,085 shares for 1.96% of their portfolio. Read More »

Low-cost Airlines Lure Indians Travelling Abroad


Scoot's lowest fare for a one-way trip would be between Rs 12,000 and Rs 13,000, including the cost of a 20 kg check-in baggage and a meal. Scoot started direct flights between Lucknow and Singapore thrice a week from August 2 this year. Norwegian Air and the International Airlines group have already started the homework to debut in the country. "We can see long-haul, low-priced operations gaining ground from next fiscal with Indian LCCs driving growth", said Kapil Kaul of CAPA adding that ... Read More »

Labor Department drops bid to revive Obama overtime pay rule


Ten days before the overtime rule was to take effect, the Texas district court issued a nationwide temporary injunction arguing that the DOL had exceeded its authority by doubling the salary threshold. The timeline for the overtime rule saga started on May 18, 2016, when DOL published its final rule amending the exemptions tests for executive, administrative, and professional employees under the Fair Labor Standards Act. Read More »

Putin says whoever leads in Artificial Intelligence will rule the world


After sharing the link about Putin's comments , Musk warned that the competition Putin was referring to will ignite World War 3. The AI race, on the other hand, has already begun, Musk said , noting the September 1 remarks of Russian President Vladimir Putin that world dominance will belong to the leader in AI. Read More »

Lego to cut 1400 jobs after decline in sales


Profits fell by 3 percent to $544 million. Despite the growth in China, Lego still saw an unexpected drop in results. Lego said it will cut approximately 1,400 positions, the majority of them before the end of 2017. The number of employees boomed too, jumping from 4,200 in 2007 to the current 18,200. "We have now realized that we have built an increasingly complex organisation to a degree that makes it hard for us to realise our growth potential", he added. Read More »

Reserve Bank keeps interest rates on hold at 1.5 per cent


Interest rates are not going anywhere soon. While inflation is now sitting at 1.9 per cent - just below the bank's 2 per cent to 3 per cent target - the RBA noted at last month's meeting that inflation had increased somewhat since 2016, reducing the risk of deflation in the economy. Read More »

Intel's €1.06 billion antitrust fine to be revisited in European Union court


In a victory for Intel's lawyers, the EU's top court today ordered a retrial of the chipmaker's appeal against a €1.06 billion antitrust fine, ruling that a lower court should have delved further into the European Commission accusations. Google's case has more similarities than Apple's, but U.S. tech multinationals have long complained that fines are politically motivated, and will be cheered by a decision in Intel's favour. Read More »

Japan's Princess Mako Gives Up her Royal Status to Marry a Commoner


During a press conference after the engagement announcement, Mako gave an adorable statement: "First, I was attracted by his bright smile ", she shared of her fiancé. However, the couple's marriage could endanger the lineage of the royal Japanese family. On the other hand, Prince Naruhito's younger brother, Akishino, can also become the successor to the throne but he only has one son, Princess Mako's 10-year-old brother, Hisahito. Read More »

VT "Dreamer", Lawmakers React to DACA Program Possibly Ending


And last week , Trump said , "We love the 'Dreamers, '" referring to undocumented immigrants who came to the U.S. as children and want to continue living their lives in the country. Orrin Hatch and Arizona Sen. Thousands have already rallied to support the program, including some Trump backers. Senate Minority Leader Chuck Schumer, a New York Democrat, said in a statement the decision to end DACA will rip apart families. Read More »

Britain's Bell Pottinger explores sale options after S. Africa scandal


The bank, which previously enlisted Bell Pottinger in London for short-term media engagement campaigns, confirmed that it has stopped working with the firm. In a two-page document, the law firm concluded that Bell Pottinger's SA campaign included material meant to divide South Africans. "You can try and rescue it but it won't be very successful". Read More »

Ryanair has scrapped its free 10kg carry-on bag policy


Non-priority boarders, on the other hand, will only be able to take one small carry-on bag; anything deemed too big or with wheels will be taken at the gate and put in the hold free of charge. For example, a small Mulberry clipper bag, which is designed for weekend travel, measures 23 x 43cm x 19.5cm and would not qualify as a cabin bag under Ryanair's incoming policy. Read More »

USA stock market jittery over worries about North Korea's missiles, Hurricane Irma


The S&P 500 lost 6.69 points, or 0.27 percent, to 2,469.86. Panasonic was down 0.58 percent at 1,440 yen, while market heavyweight and Uniqlo casual clothing firm Fast Retailing was down 1.53 percent at 30,870 yen. BONDS: Bond prices rose. In the currency market, the yen, which usually gains on risk aversion due to Japan's net creditor nation status, was little change at 109.69 yen to the dollar, not far from Monday's high of 109.22 yen. Read More »

Asia in the Red on North Korea Turmoil


That brought it back close to its August 29 nadir of 108.265 yen, its weakest since mid-April. The greenback was flat against a basket of other major currencies.DXY, pressured on Tuesday by Fed policymaker Lael Brainard saying inflation was "well short" of target and that the Fed should be cautious about raising US interest rates. Read More »

USA crude rises as refineries return; gasoline slumps to pre-Harvey levels


Gulf oil and gas production platforms with evacuated personnel after Hurricane Harvey dropped to 14, down from 30, according to the U.S. Bureau of Safety and Environmental Enforcement. Hernandez said there was no time frame for removing the drydock debris from the main stem of the channel, which is key to moving crude oil to refineries. Read More »

'Who's That Girl' Round I: Madonna vs. FedEx


On Tuesday, the "Like A Prayer" singer and mom of six took to Twitter with a cranky selfie and explained her comical predicament in the caption. Another added, "hope you get your package Sweetheart just show I.d. A lovely woman named Julie from the courier service came to the rescue to help Madonna . "Please DM your delivery address, tracking & phone numbers". Read More »

The QUALCOMM, Inc. (QCOM) Position Decreased by Doheny Asset Management CA


The rating was maintained by Goldman Sachs with "Buy" on Thursday, July 21. Nomura upgraded QUALCOMM, Inc. (NASDAQ:QCOM) earned "Buy" rating by Canaccord Genuity on Monday, June 26. Since May 11, 2017, it had 1 buy, and 4 insider sales for $1.73 million activity. DUNCAN BRUCE W sold $437,670 worth of stock. The shares were sold at an average price of $55.38, for a total value of $1,279,499.52. Read More »

New Zealand beats Solomon Islands 6-1 in World Cup qualifier


After being outclassed 6-1 in the first leg in Auckland last week, the Solomon Islands produced a performance of enormous character to rally from 2-0 down for only their second draw in 12 matches against New Zealand . "They were giving everything and playing for pride". Despite an enterprising start, the home side's defensive frailties were again to the fore when they failed to clear a loose ball and Bevan poked home a 14th-minute rebound. Read More »

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) Closed 6.9% Above Its 50 Day Average


TheStreet raised shares of Alexion Pharmaceuticals from a "c" rating to a "b-" rating in a research report on Friday, July 14th. The firm has "Buy" rating by UBS given on Thursday, February 4. The rating was maintained by Oppenheimer with "Buy" on Tuesday, August 15. The rating was initiated by Credit Agricole on Tuesday, December 15 with "Outperform". Read More »

Traders Focused Stock: ConAgra Foods, Inc. (CAG)

Mackenzie Financial Corp acquired 256,867 shares as Conagra Brands Inc (CAG)'s stock declined 4.77%. The company's past year sales total was 2.67 Million. Its down 0.14, from 1.02 in 2016Q3. Parametrica Management Ltd accumulated 11,768 shares. Qci Asset Mngmt reported 0% in Conagra Brands Inc (NYSE:CAG). Read More »