Finance

Analysts' Report Recap: The Interpublic Group of Companies, Inc. (NYSE: IPG)

This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period. [Full Article...]

Venezuelan leader pursues "new formula" to fix crude prices

Venezuelan leader pursues India expects reasonable crude oil price from OPEC member countries, Union Minister of Petroleum and Natural Gas Dharmendra Pradhan told Secretary General of OPEC Mohammad Barkindo . A high-level meeting between OPEC member Saudi Arabia and Russian Federation on Thursday yielded few commitments regarding an extension of the cuts into the second half of next year and investors dialed down... [Full Article...]

Gujarat cuts Value-Added Tax by 4% on petrol, diesel

Gujarat cuts Value-Added Tax by 4% on petrol, diesel Because of this move, the state government will suffer a loss of Gujarat govt cuts Value-Added Tax on petrol, diesel by 4% 2,316 crore annually. The Centre had on October 4 made a decision to slash the excise duty on petrol and diesel by Rs.2 per litre to cushion the impact of rise in worldwide crude prices. [Full Article...]

Pepsico India's D Shivakumar resigns, to join Aditya Birla Group soon

Pepsico India's D Shivakumar resigns, to join Aditya Birla Group soon PepsiCo, in a mail sent to Shivkumar by BW Businessworld confirmed the development by announcing Ahmed El Sheikh , senior vice president and generalmanager for PepsiCo Egypt & Jordan, as the new CEO of PepsiCo India. Shivakumar, said, "it is indeed sad for us". According to various media reports , Sivakumar will join the Aditya Birla Group as the group executive president in January and will... [Full Article...]

Kobe Steel fabricated data for aluminium, copper products

Kobe Steel fabricated data for aluminium, copper products Doors and hoods are also affected at Nissan, a spokesman confirmed. Toyota said Kobe Steel supplied materials to one of its Japanese factories, which used them in hoods, rear doors and surrounding areas of certain vehicles. Kobe Steel's aluminium and copper operations account for about 20% of total sales, according to data for the quarter ended June 30. "Aluminum is a strategic business fo... [Full Article...]

Richard Thaler of United States wins Nobel Economics Prize

Richard Thaler of United States wins Nobel Economics Prize Last year, the award went to British-American economist Oliver Hart and Bengt Holmstrom of Finland for their research on contract theory, which has helped design insurance policies and executive pay. The economics prize is unique among the Nobel awards in that it was created by the Swedish central bank in 1968 - the others were all set up through the 1895 will of Swedish inventor and philanthrop... [Full Article...]

Western Digital Corporation (NASDAQ:WDC) Undervalued by 1.2%

A ratio over one indicates an increase in share price over the period. Bnp Paribas Asset Holdings reported 0.19% in Western Digital Corp (NASDAQ:WDC). CORDANO MICHAEL D had sold 4,959 shares worth $447,996 on Monday, May 8. It is positive, as 41 investors sold Western Digital Corp shares while 243 reduced holdings. [Full Article...]

Direct Line looks to make roads safer with first smart pedestrian crossing

Direct Line looks to make roads safer with first smart pedestrian crossing A prototype, installed temporarily in south London, is created to support the weight of vehicles, remain slip-free in pouring rain and display bright markings. "This is about bringing pedestrian crossings up-to-speed with the rest of a modern-day city", said Usman Haque, founding partner of Umbrellium. We're trying to update the design with a crossing that deals with the fact that people are on mo... [Full Article...]

Short Interest in Energy Select Sector SPDR (XLE) Declines By 7.0%

Short Interest in Energy Select Sector SPDR (XLE) Declines By 7.0% The ETF is -2.77% of its 52-Week High and 24.61% of its low, and is now having ATR of 0.61. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. CCI generally measures the current price relative to the average price level over a specific time period. It has a 52-week low of 56.27 and a 52-week high of 71.90. [Full Article...]

United States Steel Corporation (NYSE: X)

Want to see what other hedge funds are holding X? Mitsubishi UFJ Trust & Banking Corp boosted its position in United States Steel by 1.5% in the third quarter. For the current quarter AK Steel Holding Corp (NYSE:AKS) has high EPS estimates of $0.18 in contradiction of low EPS estimates of $-0.04. The ex-dividend date was Monday the 7th of August 2017. [Full Article...]

Repros Therapeutics Inc. (RPRX) - Stock Performance

The share last price represents downtick move of -75.80% in value from company's 52-Week high price and shows 103.85% above change in value from its 52-Week low price. EPS growth for the next 5 years is 27.9 percent. The company P/S (price to Sales) ratio is 0, P/B (price to Book) ratio is 0, while its P/C (price to Cash) ratio stands at 5.23. [Full Article...]

Fred Alger Management Inc. Grows Position in NetScout Systems, Inc. (NTCT)

It has outperformed by 5.24% the S&P500. The fund owned 17,680 shares of the technology company's stock after buying an additional 3,526 shares during the period. (NetScout), launched on April 21, 1993, provides operational intelligence and performance analytics for service assurance and cyber security solutions. [Full Article...]

Are the Technicals Adding up for CVS Health Corporation (NYSE:CVS)?

The SI to Parke Bancorp Incorporated's float is 3.1%. Beta value of the stock is marked at 0.91. About 124 shares traded. ROI is 9.90%. A positive result means that returns exceed costs. Pnc Finance Ser Gru Inc invested 0.01% in Parke Bancorp, Inc. Cortland Associates Inc Mo owns 522,022 shares or 8.06% of their U.S. portfolio. Denton David M sold $18.44M worth of stock. [Full Article...]

Cognizant Technology Solutions (CTSH) Sees 52-Week High

Calamos Advsr Ltd Llc invested in 0.04% or 77,665 shares. At the moment, Cognizant Technology Solutions Corporation Return on Assets is 0.82%. HSBC initiated Cognizant Technology Solutions Corp (NASDAQ: CTSH ) on Friday, September 30 with "Buy" rating. [Full Article...]

E*TRADE Financial Corporation Target of Unusually High Options Trading (ETFC)

Aviva PLC now owns 179,995 shares of the financial services provider's stock worth $6,849,000 after purchasing an additional 10,334 shares during the period. Based on the latest brokerage notes which have been released to investors, 0 brokers have issued a rating of "strong buy", 2 brokers "buy", 3 brokers "neutral", 0 brokers "sell" and 0 brokers "strong sell". [Full Article...]

Zurich Insurance Group Ltd FI Raises Holdings in Huntington Bancshares Incorporated (HBAN)

Scott & Selber Inc decreased Procter & Gamble (PG) stake by 90.37% reported in 2017Q2 SEC filing. Paul Heller, an officer at ( HBAN ), sold 35720 shares at a price of 12.93 to bring his total ownership in the stock to 410,963 shares. Stifel Nicolaus downgraded Procter & Gamble Co (NYSE:PG) on Wednesday, December 21 to "Hold" rating. Zacks Investment Research cut Huntington Bancshares from a "buy" ... [Full Article...]

American Eagle Outfitters (AEO) Given "Outperform" Rating at Royal Bank of Canada

Stockholders of record on Friday, April 7th were given a dividend of $0.125 per share. 102.18 million shares or 6.57% more from 95.88 million shares in 2017Q1 were reported. Next Financial Group, Inc trimmed its stake by shedding 120 shares a decrease of 8.2% in the quarter. It is down 20.35% since October 9, 2016 and is downtrending. [Full Article...]

EPS for Kilroy Realty Corp (KRC) Expected At $0.87

Terreno Realty Corporation (NYSE:TRNO) has risen 36.19% since October 9, 2016 and is uptrending. It has outperformed by 4.44% the S&P500. Granite Point Capital Management Lp increased Neophotonics Corp (NPTN) stake by 307.06% reported in 2017Q2 SEC filing. [Full Article...]

Procter & Gamble Co (NYSE:PG) Q2 2017 Sentiment

Fisher Asset Management LLC now owns 8,635,829 shares of the company's stock worth $752,613,000 after purchasing an additional 370,067 shares during the period. Df Dent And Inc stated it has 209,759 shares or 0.48% of all its holdings. Cap Investment Counsel owns 43,377 shares. Following the completion of the transaction, the insider now directly owns 120,734 shares in the company, valued at $11,1... [Full Article...]

Cop Cleared After Appearing to Shoot, Kill Man as He Ran Away

Police say Harmon pulled a knife on officers as he attempted to run. The incident began the night of August 13, when police stopped Harmon after he was spotted crossing six lanes of traffic on his bicycle, which did not have a red tail light, as law requires. [Full Article...]


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