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GameStop CEO Resigns, Co-Founder Daniel DeMatteo To Assume Interim Duties

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One can only wonder what's going on in the C-suites at GameStop . Mauler had just been appointed to the position in February after the late J. Paul Raines stepped down past year due to health reasons. Over the past 12 months, GameStop shares have lost almost half their value while the Nasdaq Composite index has gained just over 21%. Mauler was a 16 year veteran at the gaming company, and his resignation will likely disrupt whatever traction the struggling company has been trying to gain. Read More »

Barclays CEO Staley fined R10.7m for trying to expose whistleblower

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But they did argue that he had breached an individual conduct rule requiring him "to act with due skill, care and diligence". Both regulators have fined Staley 10% of his £4.5m total pay package. "In addition, Barclays is now subject to special requirements to report to the PRA and FCA how it handles its whistleblowing cases in the coming years". Read More »

Traders Spotlight: Depomed, Inc. (DEPO)

The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . The price of crude has been rising for more than two years, from $26 to $71 on Wednesday. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth. Read More »

Symantec says annual report may be delayed due to investigation

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Also Nasdaq.com published the news titled: "Kedrion Biopharma and Kamada Announce KEDRAB® (Rabies Immune Globulin [Human]) Now Shipping; Distribution ..." on May 08, 2018. If the $17.65 price target is reached, the company will be worth $825.79M less. Symantec had 12 analyst reports since December 19, 2017 according to SRatingsIntel. Read More »

Top AT&T Lobbyist Retires Over 'Big Mistake' With Trump's Lawyer

Perhaps more importantly, Cohen's job was also to "creatively address political and communications issues", which suggests he was hired to advise the company on matters before the Federal Communications Commission (FCC). The payments by the companies were revealed this week by the lawyer for Stormy Daniels , who alleges she had a sexual relationship with Mr Trump in 2006 - a claim the president denies. Read More »

Going healthy! London wants to ban fast-food ads on public transport

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London has one of the highest childhood obesity rates in Europe - almost 40% of 10-11 year-olds in the capital are overweight or obese, according to the statement . Khan had more pressing priorities, such a knife crime , and Hilary Ross, head of retail, food, and hospitality at law firm DWF said the ban would do little to tackle obesity. Read More »

Sainsbury's-Asda could be 'forced to sell 73 supermarkets'

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However, Morrisons Chief Executive David Potts said Thursday's robust first quarter numbers showed his strategy was delivering for stakeholders. The e-commerce business already provides Morrisons food deliveries to British customers using its Pantry and Prime services. Read More »

Boston Dynamics' terrifying robots can now run, jump and climb

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The robot jogs methodically across an expanse of grass, against a backdrop of trees punctuated by a few isolated buildings. "Today, we have the more alarming sight of Boston Dynamics " human-sized robot going for a run in the countryside, looking at a glance like someone running the London marathon for charity in really impractical fancy dress. Read More »

Npower hikes energy prices for 1m customers

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It has launched a new Price Freeze June 2022 tariff exclusively for those customers who will be affected, costing £1,166 on average. Managing director of domestic markets Simon Stacey said the decision "wasn't taken lightly". It is also the reason given by the other Big Six providers for pushing up prices, and Ofgem cited it when it increased the prepayment price cap last month. Read More »

Windsor jobless rate notches up; still below national average

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Across the country, wage growth hit its highest level in almost six years last month as the economy posted a net loss of 1,100 jobs and an unemployment rate that held steady at 5.8 per cent. Statistics Canada released a new jobs report Friday that showed average hourly wages in April were 3.6 per cent higher than they were a year earlier. Read More »

Is American Eagle Outfitters (NYSE:AEO) a Sell? What does Wedbush Think?

The business is scheduled to report its next earnings results on Wednesday, May 16th. 69% are bullish. 23 are the (NYSE: AEO)'s analyst reports since November 10, 2017 according to StockzIntelligence Inc. The disclosure for this sale can be found here. The overall volume in the last trading session was 578,397 shares. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Read More »

Korean Crypto Exchange Upbit Raided Amid Suspicions of Fraud

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In March, prosecutors reportedly raided the offices of three cryptocurrency exchanges on suspicion of siphoning off funds from customers' accounts. Asked for comment, a UPbit representative declined to elaborate, saying that "At this time, I cannot answer anything about this seizure". Last month, the chairman of Coinnest , Kim Ik-hwan was detained for fraud and embezzlement charges. Read More »

Zoopla-owner ZPG 'sold' to U.S. tech fund for £2.2bn

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It has established strong positions in property classifieds, home and financial services markets by innovating in product and marketing. The stock increased 30.28% or GBX 113.6 during the last trading session, reaching GBX 488.8. Barclays Capital maintained the shares of ZPG in report on Thursday, January 25 with "Hold" rating. The stock of ZPG Plc (LON: ZPG ) earned "Buy" rating by Liberum Capital on Wednesday, November 29. Read More »

UltraTech gets Supreme Court boost in Binani Cement battle

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Economic Times reported that Resolution Professional allows representation of Binani's operational creditors The Resolution Professional of the Binani Committee of Creditors has allowed representation of the operational creditors of Binani Cement , despite no provision of the same under existing norms. Read More »

Seattle Businesses Decry Proposed 'Head Tax'

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The original, larger head tax would cost large businesses roughly $500 per full time employee, per year and is estimated to raise $75 million per year. Amazon upped the ante last week when it said it would stop construction planning on a 17-story tower and rethink filling space in another building pending the outcome of the tax vote. Read More »

ValuEngine Downgrades Dean Foods (DF) to Strong Sell

BMO Capital Markets reissued a market perform rating and set a $10.00 price objective (down from $12.00) on shares of Dean Foods in a report on Tuesday, February 27th. This represents a $0.36 annualized dividend and a dividend yield of 4.41%. Dividends is a reward scheme, that a company presents to its shareholders. Read More »

Bank Of England Lowers Growth Outlook

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While the subdued first quarter outturn signified that the full-year growth estimates was lowered, unchanged forecasts for 2019 and 2010 meant that the central bank's broader views on the economy were left intact, stated Lloyds Bank. "With inflation returning to its target in two years the committee clearly thinks time is on its side". Carney has been labeled an "unreliable boyfriend", having already in the past flagged up a rate hike only to back out later. Read More »

Markets Right Now: Stocks open higher on Wall Street

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Bank of America gained 2.6 percent to $30.72. The S&P 500 index rose 9.21 points, or 0.3 percent, to 2,672.63. Eastern Time. The Dow Jones industrial average gained 187 points, or 0.8 percent, to 24,450. Nvidia was among the biggest gainers, rising 2.9 percent to $245.97. The Nasdaq composite climbed 64 points, or 0.9 percent, to 7,274. Britain's FTSE 100 gained 0.1 percent. Read More »

Oil PSUs froze fuel prices to avoid consumer pain - IOC Chairman

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Separately, oil minister Dharmendra Pradhan said the government has nothing to do with fuel pricing after it deregulated and gave PSUs freedom to fix retail rates. "So, we moderate to a certain extent so that peaks are avoided", he added. "We have chose to temporarily moderate retail prices by not passing on the required increase as we believe the current worldwide oil product prices are not supported by fundamentals ". Read More »

Buyers seek U.S. waivers to buy Iranian oil amid new sanctions

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Oil's recent rally has been propelled by Trump's decision to reinstate sanctions on Iran and on simmering geopolitical tensions surrounding the energy-rich Middle East . Iran re-emerged as a major oil exporter in 2016 after global sanctions against it were lifted in return for curbs on its nuclear program, with its April exports standing above 2.6 million barrels per day (bpd). Read More »

Thomson Reuters (TRI) to Release Earnings on Friday

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Cornerstone Advisors Inc reported 354,556 shares. That is 32.53 % down compareed to $0.83 earnings per share for a year ago. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.40. Thomson Reuters Corp (NYSE:TRI) declined 11.26% with the market as Toron Capital Markets Inc bought 381,460 shares. TRI underperformed the S&P500 by 11.55%. Read More »

Sibanye Gold Limited American D (SBGL) A Look at Technical Overview

Health care, utilities and consumer-goods companies were among the biggest decliners. Banks, technology stocks and industrials posted gains. However, the stock is trading at -54.31% as compared to recent highs. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. On a weekly basis, the stock is 0.00%. The ability of a company to meet up with its short-term obligations and be able to clear its longer-term debts is measured using Liquidity ... Read More »

Las Vegas Sands (LVS) Getting Somewhat Favorable Press Coverage, Report Finds

Comerica Securities Inc bought 20,396 shares as the company's stock rose 2.75% while stock markets declined. Swiss State Bank holds 1.46 million shares. Since January 1, 0001, it had 0 buys, and 19 insider sales for $47.04 million activity. Given Las Vegas Sands' competitors higher probable upside, analysts plainly believe Las Vegas Sands has less favorable growth aspects than its competitors. Read More »

SMI Reading at Key Levels for Extendicare Inc

Most investors realize that there are no certainties when it comes to equity investing. Presently, Empire Energy Cp Itl (EEGC)'s Williams Percent Range or 14 day Williams %R is resting at -100.00. On the flip side, an RSI near 0 may signal weaker momentum. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. Read More »

Analysts' Activity to Watch: Keane Group Inc (FRAC)

On Friday, May 4 the stock of Keane Group , Inc. The company was maintained on Wednesday, August 2 by Berenberg. In other Keane Group news, Chairman James Carl Stewart sold 40,977 shares of the firm's stock in a transaction that occurred on Thursday, April 19th. Read More »

Glu Mobile (GLUU) Sets New 12-Month High and Low at $5.48

The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. If picking stock was easy, everyone would be rich right? Glu Mobile Inc develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. Read More »

Q2 2018 EPS Estimates for Cigna Lowered by Piper Jaffray (CI)

Cigna (NYSE:CI) last posted its quarterly earnings results on Thursday, February 1st. According to the Analysts, the Low Earnings estimate for the current quarter is $3.4, while the High earnings estimate is $3.7.Comparatively, EPS for the same quarter previous year was $2.88. Read More »

Petroleo Brasileiro SA - Petrobras (PBR) receives consensus rating of 2.60

The price of the company's stock presently stands at $16.31, and the change is 7.80%. Trade volumes increased to 38.33 million shares compared with 90-day average tally of 14.92 million shares per day. Higher Relative Volume obviously indicates more traders are trading it. Now the price is sitting at 7.6% higher than its 50 days moving average. Analysts have suggested a mean rating of 2.60 on the shares. Read More »

Avis Budget Group, Inc. (NASDAQ:CAR) Sees RSI Reach 37.58

Given that earnings are what matter most to investors, analysts tend to place a greater weight on the P/E. Let's consider Avis Budget Group, Inc . Avis Budget Group, Inc . Avis Budget Group has a 52-week low of $20.71 and a 52-week high of $50.88. Arris Group Inc (ARRS) boasts a market cap of 5060m and last touched 27.40 on a recent bid. Read More »

FDx Advisors Inc. Decreases Holdings in Norfolk Southern (NSC)

Fagan Associates Inc increased its stake in Quanta Svcs Inc (PWR) by 30.87% based on its latest 2017Q4 regulatory filing with the SEC. The ratio is the same, as only 329 hedge funds increased and started new stock positions, while 395 cut down and sold their stock positions in Norfolk Southern Corp. Read More »