Wednesday, 12 December 2018
Latest news
Home » Money

Money

NBN Co's First Fibre-To-The-Curb Trial Under Way In Coburg

perth_map

The NBN boss faced questions on the so-called digital divide in Australia between those with superior fibre connections to the home and Australians being serviced by copper along the final length of the connection. "The government wants taxpayers to get their $49 billion back and expect a small return as well. We could not rightfully sanction piling billions of extra dollars of debt onto NBN - and ultimately the Australian people". Read More »

First Industrial Realty Trust Inc

perth_map

Over the past 50 days, Federal Realty Investment Trust stock was -5.47% off of the high and 1.45% removed from the low. The counter witnessed a trading volume of 4.6 million shares versus an average volume of 5.25 million shares during last trading session. Read More »

Citigroup Downgrades Rating On Biogen Inc. (BIIB)

perth_map

It also reduced its holding in Monsanto (NYSE:MON) by 143,528 shares in the quarter, leaving it with 25,259 shares, and cut its stake in Lyondellbasell Industries. Vanguard Group Inc. increased its holdings in Biogen by 1.3% in the 2nd quarter. The company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.05 billion. Read More »

Wine prices set to rise as production nears 50-year low

perth_map

In Italy production slumped 23 percent to 39.3 mhl, while in France the drop was 19 percent to 36.7 mhl. A hectolitre is 100 litres - just over 133 75cl bottles. Although there were increases in South America and Australasia the OIV warned that there will be "historically low 2017 production". Wine lovers need not necessarily be alarmed, however, because prices and supply depend not only on production, but also on stocks from previous years. Read More »

Caterpillar, 3M earnings spark surging Dow to record high

perth_map

The S&P 500 added 4.15 points, or 0.2%, to end at 2,569.13, while the Nasdaq Composite rose 11.60 points, or 0.2%, to 6,598.43, with gains limited by a drop in biotechnology shares. The S&P industrial sector rose 0.75 percent, topping the 11 major S&P indexes. Gains in both indexes were kept in check by declines in healthcare stocks. Read More »

Moon Vows to Faithfully Implement Outcome of Debate on Nuclear Reactors

perth_map

In July, Korea Hydro & Nuclear Power (KHNP) chose to suspend construction work on the two APR1400 units while a government-appointed committee debated the country's nuclear energy policy. He noted the use of renewable energy and natural gas will be expanded to reduce the country's dependence on nuclear energy. The survey also found 9.7% supporting expansion of nuclear power generation. Read More »

Cisco Systems, Inc. (CSCO) Receives "Hold" Rating from BMO Capital Markets

It has outperformed by 45.78% the S&P500. (NASDAQ: CSCO ). Linscomb And Williams Inc reported 0.37% stake. During the same period in the previous year, the firm earned $0.63 EPS. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. Regions has invested 0.95% in Cisco Systems, Inc . Read More »

Advanced Micro Devices, Inc. (AMD) Q3 2017 Earnings Beat

perth_map

Several other institutional investors and hedge funds have also made changes to their positions in AMD . Advanced Micro Devices, Inc . has 6 buy ratings, 16 holds and 2 sells even after the stock tumbled -9.9% from its high of $ 15.65 to a $13.48 billion market value through last close. Read More »

Chipotle, AT&T Post Q3 Earnings Misses, AMD Beats

perth_map

The firm's 50 day moving average price is $312.89 and its 200-day moving average price is $388.99. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of 68.88 and a beta of 0.60. Bank of America Corporation reissued a neutral rating and set a $390.00 target price (down previously from $425.00) on shares of Chipotle Mexican Grill in a research note on Wednesday, July 26th. Read More »

Amazon takes on office supply retailers with launch of Business Prime Shipping

For businesses, the perk is more expensive: $499 for up to 10 users, $1,299 for up to 100 users, and $10,099 for more than 100. Business Prime Shipping is available to customers of Amazon's Business membership service that gives companies access to deals on things like office supplies and to help them keep track of what they buy. Read More »

Coming Soon?! Taco Bell Is Testing A Kit Kat Quesadilla

perth_map

There no word on whether Taco Bell plans to roll this out to other markets in the future. They're for real, alright, at Taco Bell , which is testing candy-filled quesadillas at locations in Wisconsin. While the sweet snack is making its United States debut, it actually was tested out in several countries overseas already, Brand Eating reports. Taco Bell has a history of digestion-bending mash-ups , such as a burrito packed with Fritos corn chips, the late-lamented " Naked Chicken ... Read More »

Lockheed Martin Corp. Announces 14% Decline In Q3 Bottom Line

perth_map

Lockheed Martin Corporation has a 1-year low of $236.21 and a 1-year high of $322.19. The dividend yield will be $2.52. About 1.32M shares traded or 30.69% up from the average. Vetr upgraded Lockheed Martin Corporation from a "buy" rating to a "strong-buy" rating and set a $358.97 price objective for the company in a research note on Wednesday, October 4th. Read More »

Advisors Asset Management Inc. Trims Holdings in Kimberly-Clark Corporation (NYSE:KMB)

Next year this growth will reach 76% to attain $0.44. About shares traded. Canadian National Railway (USA) (NYSE:CNI) has risen 30.03% since October 24, 2016 and is uptrending. Envestnet Asset Inc owns 18,796 shares for 0% of their portfolio. State Of Wisconsin Invest Board holds 0.04% or 169,816 shares in its portfolio. Ajo Limited Partnership invested 0.04% of its portfolio in Kimberly Clark Corp (NYSE: KMB ). Read More »

HDFC Bank Q2 net grows 20% to Rs 41.51 bn

Other income increased 24.3% to Rs3,605.90 crore from Rs2,900.95 crore in the same period past year. Net interest income during the quarter came in at Rs 9,752.1 crore, a rise of 22%, as against Rs 7,993.6 crore in the previous quarter, beating analyst estimates of a 20.9 percent rise to Rs 9,664.1 crore, according to CNBC TV18 poll. Read More »

FAA investigating another Air Canada incident at San Francisco Airport

Air Canada has so far not commented. "Air Canada, go around", an air traffic controller repeatedly commanded without getting a response from the cockpit of the arriving flight from Montreal until after it touched down on the runway. Controller: Air Canada 781 - tower. A supervisor at an airport tower had cleared the plane for landing at the same runway when it was six miles away from the airport, but then changed instructions because it was not clear the runway would be free, officials said. Read More »

Self-driving startup nuTonomy bought by Delphi for $400 million

perth_map

The nuTonomy acquisition will double the size of Delphi's self-driving team to more than 200 engineers and scientists, said Glen DeVos, Delphi's chief technology officer. Although these two autonomous companies are the biggest in the market compared to Waymo or Uber, every company has one common goal: safety. Iagnemma and Frazzoli were working on autonomous vehicle technology back when auto industry folks considered it a purely academic pursuit that wouldn't be commercially feasible for ... Read More »

City watchdog investigates huge Equifax data breach

perth_map

In a short statement on Tuesday the Financial Conduct Authority (FCA) said it was "investigating the circumstances" of the incident. The fallout from the massive Equifax hack , publicly disclosed last month, continues: Today the UK's financial watchdog said it also wants to get to the bottom of what happened. Read More »

End Of An Era As Sears Stops Selling Whirlpool Products

perth_map

Sears is no longer selling Whirlpool products, including the Maytag, KitchenAid, and Jenn-Air brands. Sears will sell its existing inventory of Whirlpool products but not order more. Sears shares fell as much as 1.5 percent to $6.46. It has also fueded publicly with some suppliers, who have been reluctant to sell their inventory to Sears because they worry Sears won't be able to pay them. Read More »

FCA posts record 3Q, higher profit, margins

The firm has "Underperform" rating given on Monday, May 16 by BNP Paribas. Shares of Fiat Chrysler Automobiles N.V. The stock presently has an average rating of "Hold" and a consensus target price of $7.66. 01/08/2016 - Fiat Chrysler Automobiles N.V. was downgraded to "sell" by analysts at Societe Generale. Zacks Investment Research lowered Fiat Chrysler Automobiles N.V. Read More »

Caterpillar Inc. (NYSE:CAT) Touching New 52-week High

It is positive, as 51 investors sold CAT shares while 382 reduced holdings. For fiscal 2017, Caterpillar now expects profit per share of about $4.60, or adjusted earnings of about $6.25 per share. Caterpillar ( NYSE CAT ) opened at 131.68 on Tuesday. As of the latest earnings report the EPS was $0.18 and is expected to be $5.29 for the current year with 590,972,000 shares now outstanding. Read More »

Quarterly Financial Watch for Verizon Communications Inc. (NYSE:VZ)

It has underperformed by 23.95% the S&P500. Pineno Levin & Ford Asset Management Inc. increased its stake in shares of Verizon Communications by 1.5% in the third quarter. The rating was maintained by Cowen & Co on Tuesday, July 18 with "Hold". About 58,062 shares traded. 137,973 are owned by Blue Chip Prtn. During the same period previous year, the company earned $1.01 earnings per share. Read More »

Are Simon Property Group, Inc. (NYSE:SPG) Shares Headed For A Correction?

Voloridge Investment Management Llc bought 310,288 shares as the company's stock declined 12.82% while stock markets rallied. The Allstate Corp holds 7,751 shares with $1.25M value, down from 13,053 last quarter. Brokerage houses, on average, are recommending investors to buy Simon Property Group, Inc. Investors sentiment increased to 0.93 in 2017 Q2. Its the same as in 2017Q1. Read More »

VW and Daimler Inspected by European Union as Cartel Probe Widens

perth_map

Daimler faced a billion-euro fine from Brussels over a truck cartel a year ago, while VW-owned competitor MAN received immunity for tipping off the Commission about high-level collusion between Europe's top truckmakers. According to media reports, Porsche's mother corporation Volkswagen had also attempted to apply for the principal witness status but was beaten to it by Daimler. Read More »

Infosys net rises 3.4%, Nilekani clears air on governance

perth_map

Company's PAT was up 7 per cent quarter-on-quarter, it added. The Bengaluru-based software services provider, which was reporting its first earnings since the abrupt resignation of Vishal Sikka as CEO in August, also categorically asserted that a review of all prior external investigations into allegations of "wrongdoings" concerning a $200 million acquisition and a severance payout to the company's former CFO had reaffirmed previous findings that there was "no merit to the allegations ... Read More »

Eli Lilly shares higher after third quarter results beat market expectations

But it's not just buying activity that is creating investor interest in LLY; over the last several weeks, several insiders have sold shares. Fox Run Management L.L.C. After a recent look, shares have been seen 6.88% from the 200-day moving average, and 5.40% from the 50-day moving average. The stock has a market capitalization of $91.97 billion, a P/E ratio of 37.72 and a beta of 0.34. Read More »

McDonald's same-store sales climb as promotions lure customers in

perth_map

The Oak Brook, IL-based fast food chain reported Q3 earnings per share (EPS) of $1.76, which was $0.01 worse than the Wall Street consensus estimate of $1.77. International Lead comparable sales grew 5.7% year over year as the United Kingdom and Canada showed continued momentum and all other markets returned positive results . Read More »

GST Revenue Collection For September at Rs 92150 Crore

perth_map

In some much-needed reprieve for traders and small businesses facing difficulties in complying with filing GST returns, the Centre on Tuesday announced that it had chose to waive the penalty levied on account of delayed filing for the months of August and September. Read More »

Manchester United great Giggs keen on Everton & Leicester jobs

perth_map

The Foxes parted company with Craig Shakespeare after the side managed just one win in eight games this season. The focus will now be on who'll replace the pair at the respective Premier League clubs, and there appears to be no obvious candidate for either position - until now. Read More »

JetBlue flight headed to Las Vegas forced to land

According to LiveATC , an online service that records air-traffic control communications, the pilot of the flight said "we felt a pretty good jolt" after the strike. The plane then circled over Long Island before heading south over Fire Island shortly after 7 p.m. Ms Jones said the plane was diverted to JFK "out of an abundance of caution", adding that all 144 passengers would be re-accommodated on another aircraft. Read More »

IV Sasi... we will miss you sir: Mollywood grieve their loss

perth_map

Later, he turned to the direction department and worked as an assistant director in a good number of films. In fact, he was responsible for Mammootty and Mohanlal's growing stardom. "Malayalam film industry has lost one of its legends", he said. In 1981, Sasi picked Mammootty for Trishna, a film which marked the actor's transition to leading roles. Read More »