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CBS sues majority shareholder Shari Redstone to halt Viacom merger

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Shari Redstone's National Amusements has blasted CBS and some of its directors for the lawsuit filed Monday that seeks to dilute her voting interest in CBS Corp. NAI had absolutely no intention of replacing the CBS board or forcing a deal that was not supported by both companies. A DE court ruled in 2004 that the Hollinger board could dilute Black's voting control in response to what it considered to be the damage he had done to the company. Read More »

Stryker (NYSE:SYK) Announces Quarterly Earnings Results, Beats Estimates By $0.08 EPS

About 645,414 shares traded or 0.73% up from the average. Sprint Corporation (S) has declined 41.01% since May 13, 2017 and is downtrending. It has underperformed by 26.90% the S&P500. Fenimore Asset Management Inc decreased its stake in Stryker Corporation (SYK) by 0.71% based on its latest 2017Q4 regulatory filing with the SEC. Since December 13, 2017, it had 0 insider buys, and 1 sale for $320,629 activity. Read More »

Retail inflation inches higher at 4.58% in April vs 4.28% in March

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It said deflation in vegetables was 0.89 per cent in April , while in the previous month it was 2.70 per cent. After initially rising, bonds started to sell off on higher-than-expected April wholesale price inflation which stood at 3.18 percent, triggering concerns that the retail inflation would also notch up more than pencilled in by many. Read More »

Rossmore Private Capital Sells 2106 Shares of US Bancorp (USB)

On Wednesday, April 18 the rating was maintained by Keefe Bruyette & Woods with "Hold". Edward Jones restated a "hold" rating on shares of U.S. Bancorp in a report on Tuesday, April 3rd. Also, Director David B. Omaley sold 10,000 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $55.35, for a total value of $2,540,011.50. Read More »

Stock'S Earning Overview Alibaba Group Holding Limited (BABA)

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Their PEG, the ratio used to determine a stock's value while taking into account the earnings' growth, is 10.35. Amid the previous 3-months, the stock performs 3.94 percent, conveying six-month performance to 67.18 percent. The firm has "Strong Buy" rating given on Thursday, July 7 by Raymond James. Do investors think to respond accordingly to new analyst's rating and change a position based on the analyst's rating opinion without any further research? Analysts assigned consensus rating of ... Read More »

Inc. Sells 219 Shares of Amazon.com

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Essex Finance Services invested in 4,714 shs. About 38,433 shares traded. It has underperformed by 16.78% the S&P500. Amazon.com, Inc. (NASDAQ: AMZN ) has risen 76.78% since May 13, 2017 and is uptrending. Oppenheimer & Co. Inc. reduced its stake in shares of Amazon.com (NASDAQ: AMZN ) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. Read More »

Uber hires Amazon vet as new GM of Northern and Eastern Europe

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He previously spent time in the telecoms industry, working as managing director of Virgin Mobile in the United Kingdom between 2011 and 2014, and helping launch the company's business in India as well as Orange's Thailand division. The company denied that the move was driven by Uber's licensing issues. The agency cited concerns with Uber policies ranging from background checks to how the company reported crimes committed by its drivers. Read More »

Wet start to April dampens retail footfall

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April weather dampened footfall in the United Kingdom, a study by Springboard has found. There was no footfall growth in any region in the United Kingdom, although it declined less slowly in some regions - in London the decrease was 2.4 per cent. Read More »

Bbt Capital Management LLC Decreased Nxp Semiconductors NV (NXPI) Stake

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About 480,048 shares traded. It has underperformed by 11.55% the S&P500. Zweig-Dimenna Associates Llc decreased Nxp Semiconductors N V ( NXPI ) stake by 27.8% reported in 2017Q4 SEC filing. On Friday, May 4 the firm earned "Hold" rating by Stifel Nicolaus. In Thursday, February 8 report Drexel Hamilton maintained it with "Hold" rating and $110.0 target. Read More »

$-0.30 EPS Expected for Pure Storage, Inc

A rating of 1 or 2 would be indicating a Buy recommendation. It is used to find entry exit signals based on overbought/oversold reading and trending ranges, and can help spot or confirm reversals via divergence. The share last price represents uptick move of 1.42% in value from company's 52-Week high price and shows 139.76% above change in value from its 52-Week low price . Read More »

America Apartment Communities Inc

The stock decreased 0.22% or $0.1 during the last trading session, reaching $46.09. Glen Burnie Bancorp (NASDAQ:GLBZ) has risen 2.06% since May 14, 2017 and is uptrending. (NYSE:MAA) for 40,867 shares. LDR Capital Management LLC purchased a new stake in Preferred Apartment in the 4th quarter valued at $5,673,000. Pub Employees Retirement System Of Ohio stated it has 107,100 shares or 0.01% of all its holdings. Read More »

Lawmakers want to know how Amazon protects Echo Dot Kids users

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The tech giant answered some of the lawmakers' concerns in a statement, telling CNET that " Amazon takes privacy and security seriously, and FreeTime on Alexa is no different ". It first broke into the top 100 in 1994, and had been ranked 61 or higher since 2006. In 2016, the name experienced a 21.3 percent drop, then followed with a 19.5 percent fall in 2017, according to data Cohen obtained from the Social Security Administration . Read More »

Fired Chipotle worker wins $8 million in lawsuit

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While her superiors claimed there was a video of her taking the money, they never showed it to her and destroyed it before it could be viewed by anyone outside the company. The panel ruled that Ms Ortiz was a victim of a scheme to defame her for filing a worker's compensation claim for a job-related injury to her wrist. Read More »

Crude oil prices to trade sideways today: Angel Commodities

A lot will depend on how other major oil consumers respond to Washington's action against Tehran, which will take effect in November. The Organization of Petroleum Exporting Countries (OPEC) has raised the global oil demand estimate by 25,000 barrels per day for 2018 and expects this figure will be 1.65 mln barrels a day higher than in 2017, the OPEC said in its report on Monday. Read More »

CBS sues Redstones over dilutive dividend, endangering Viacom deal

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The suit, filed Monday in the Chancery Court in DE, is an effort to block National Amusements and its president, Ms. Redstone, from being able to force a recombination of CBS and Viacom , which are both controlled by the Redstones. The move came at the beginning of a big week for CBS. "The Special Committee believes that the Company and its public stockholders face a serious threat of imminent, irreparable harm in Ms. Read More »

An Aussie Man Just Won The Lotto Twice In A Week

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The lottery victor from Sydney's ritzy eastern suburbs was one of 14 division one winners in Saturday's $20 million Lotto Superdraw, 3841, on May 12, snaring a $1.4 million prize. 'I just thought this is too good to be true. When asked what advice he would give to other Lotto players, the man said he couldn't explain how he did it. Read More »

Jefferies Group Analysts Give Anadarko Petroleum (APC) a $77.00 Price Target

The hedge fund run by Ed Bosek held 155,351 shares of the oil & gas production company at the end of 2017Q4, valued at $8.33M, up from 71,150 at the end of the previous reported quarter. On Thursday, April 19 the stock has "Buy" rating by Susquehanna. On Wednesday, October 11 the stock rating was maintained by Barclays Capital with "Underweight". Read More »

BMW brings its inductive charging system this summer

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We expect our market to follow a similar timeline. There is a small catch though - it'll only be available on a lease-deal for the BMW 530e iPerformance plug-in hybrid , which means the BMW i8 hybrid, fully electric BMW i3 and the firm's other hybrids miss out for now. Read More »

Worldwide bank HSBC performs first blockchain trade finance transfer

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Referring to a study by the United Nations, HSBC said that switching to an electronic system could reduce the time it takes to export goods by up to 44 percent and lower costs by up to 31 percent. The UK-based banking giant says it completed a transaction concerning a shipment of soybeans from food and agricultural company Cargill, providing more proof that blockchain can become the backbone of significant financial deals. Read More »

Victoria plans 8% online betting tax

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Announcing the details of the proposed new tax in Victoria , Mr Pallas said 1.5 per cent of its revenue would go to the racing industry to "offset" the impact of diminished fees and sponsorships paid by online bookmakers, while the rest would go into the state's hospitals and charities fund. Read More »

Geron (GERN) Shares Rating Lowered by BidaskClub

The net percent change kept by insiders has seen a change of 0.00% over last six month period. You can get a sense of how sustainable that is by a levered free cash flow of -$20.56 Million over the past twelve months. Based on a recent bid, its distance from 20 days simple moving average is -12.43%, and its distance from 50 days simple moving average is -10.65% while it has a distance of 33.09% from the 200 days simple moving average. Read More »

CBI names ex-PNB CEO Usha Ananthasubramanian in PNB scam case

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Following this, the accused will not be able seek bail. The CBI said that senior PNB officials did not comply with RBI's circulars over SWIFT control system, a platform for encashing letters of undertaking (LoU). 19 accused have been arrested so far by the CBI in the PNB scam. They were sent through an global messaging system for banking called SWIFT, which is used to pass instructions among banks globally to transfer funds. Read More »

Michael Conlan's Pro Career Gathers Pace With Comfortable Victory In New York

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The Belfast native was the aggressor for all eight rounds and that was reflected on the judges cards as his Spanish opponent backed away from the Irish man. "But I'm happy because I was composed and working on things I need to work on. I feel like I'm improving all the time as a fighter". The fight came on the undercard of a main event that saw Vasyl Lomachenko claim a world title in a third weight division with victory over Jorge Linares at the famous NY venue. Read More »

Elderly man arrested for masturbating in bus in Kolkata

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She shared her post on Kolkata Police's official Facebook page, specifying 30B/1 WB25C6638 as the bus number. The girl also alleged that the same man had indulged in a similar activity two weeks ago. "I want justice", the victim said in her post, which she shared at 1 pm. The Kolkata Police assured them that the culprit would be arrested and punished very soon. Read More »

Constellation Brands (STZ) Shares Bought by Comerica Securities Inc

At the close of regular trading, its last week's stock price volatility was 1.69% which for the month reaches 1.72%. (NYSE:STZ). Twin Tree Mgmt Lp has 0.09% invested in Constellation Brands, Inc. On Thursday, March 29 the stock of Constellation Brands, Inc. The company was maintained on Thursday, October 8 by Argus Research. Since January 30, 2018, it had 0 insider buys, and 4 selling transactions for $6.69 million activity. Read More »

And most expensive - places to fill up your vehicle

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Nationally, Coles and BP retailers were charging the most on average, while the independents were often the cheapest , Mr Simms said. Averaging 2.3¢/L above the market rate, Coles Express outlets were the most expensive , followed by head office-operated BP (0.9¢/L more) and Caltex (0.4¢/L) bowsers. Read More »

Valero Energy (NYSE:VLO) PT Raised to $125.00

The institutional investor held 38,527 shares of the integrated oil company at the end of 2017Q4, valued at $3.54M, up from 24,611 at the end of the previous reported quarter. Benchmark Capital Advisors, a New York-based fund reported 229,350 shares. Oppenheimer maintained Valero Energy Corporation (NYSE:VLO) on Saturday, September 5 with "Outperform" rating. Read More »

Here's why: British Gas owner Centrica to cut 1000 roles this year

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But it said that losses had "slowed materially relative to the average of 2017". Centrica said it lost 110,000 customers in the United Kingdom in the first four months of the year, although it said the "Beast from the East" snowstorm in February helped increase customer demand in a tough competitive environment. Read More »

Jpmorgan Chase & Company Cut Honeywell Intl INC (HON) Stake by $419.46 Million

About 80,920 shares traded. Honeywell International Inc. now has $110.07B valuation. It has underperformed by 11.55% the S&P500. Suncoast Equity Management sold 3,365 shares as Honeywell ( HON)'s stock declined 5.96%. In other news, Director Jaime Chico /Fa Pardo sold 2,868 shares of the company's stock in a transaction that occurred on Monday, February 26th. A number of equities analysts have commented on HON shares. Read More »