Finance

Signa offers €3bn to purchase Hudson's Bay's Kaufhof stores

Signa offers €3bn to purchase Hudson's Bay's Kaufhof stores Hudson's Bay shares were halted from trading on Wednesday pending an announcement. Both Reuters and the Financial Times reported sources as saying Signa had submitted a fully-financed bid this week and that Hudson's Bay has until the middle of November to respond to the offer. [Full Article...]

SunTrust Banks, Inc. Reaffirms Buy Rating for Array BioPharma Inc. (ARRY)

The rating was maintained by Stifel Nicolaus on Friday, February 3 with "Buy". Array BioPharma Inc. (ARRY ) has the market capitalization of $1.93 Billion. In related news, Director Kyle Lefkoff sold 38,865 shares of the company's stock in a transaction on Friday, September 29th. A number of institutional investors and hedge funds have recently modified their holdings of the stock. [Full Article...]

ISM Manufacturing Index (PMI) Points to Continued Strength in October

ISM Manufacturing Index (PMI) Points to Continued Strength in October Any index above 50 indicates growth in the sector. The Employment Index declined 0.5 point to 58.3 in October, indicating expansion for the thirteenth consecutive month . The subsectors reporting growth are listed in the order of highest to lowest growth, while those reporting contraction are listed in the order of the highest to the lowest contraction. [Full Article...]

E&G Advisors LP Takes Position in Conagra Brands Inc. (CAG)

Regal Entmt Group now has $2.59 billion valuation. The stock rose 1.41% or $0.47 reaching $33.95. 712,849 shares of the company's stock traded hands. AdvanSix Inc ( NYSE :ASIX) has 0.00% since October 30, 2016 and is. Therefore 62% are positive. Conagra Brands's payout ratio is now 60.28%. 06/23/2017 - ConAgra Foods, Inc. had its "buy" rating reiterated by analysts at Bank of America Merrill Lyn... [Full Article...]

Corning Incorporated (NYSE:GLW) Updated Broker Ratings

Several analysts have recently weighed in on GLW shares. Finally, Guggenheim reissued a "buy" rating and issued a $35.00 target price on shares of Corning in a research note on Tuesday, October 24th. Following the completion of the transaction, the insider now owns 136,079 shares of the company's stock, valued at $3,893,220.19. The transaction was disclosed in a legal filing with the SEC, which ... [Full Article...]

Vanguard Group Inc. Raises Holdings in General Mills, Inc. (GIS)

General Mills, Inc is a manufacturer and marketer of branded consumer foods sold through retail stores. (NYSE: GIS ). General Mills, Inc . had a market cap of 28.9B, indicating that it has a good hold on the market value of the shares outstanding. [Full Article...]

Drilling Down Into Morgan Stanley (MS)

In other Morgan Stanley news, insider Jeffrey S. Brodsky sold 16,397 shares of the stock in a transaction on Wednesday, October 18th. MORGAN STANLEY is a preeminent global financial services firm that maintains leading market positions in each of its three primary businesses: securities; asset management; and credit services. [Full Article...]

Beer bikes banned in Amsterdam due to drunk, rowdy tourists

Beer bikes banned in Amsterdam due to drunk, rowdy tourists The debate surrounding the beer bikes has been sore subject for inner city dwellers, who past year handed a petition, with some 6,000 signatures, to the council calling for a ban on the "terrible phenomenon". The court agreed that the bikes disrupted public order, with riders shouting and sometimes even urinating in public . The beer bikes have become a "terrible phenomenon" in Amsterdam. [Full Article...]

Tatas pay Docomo $1.26 billion

It opened at Rs 9 and touched an intraday high and low of Rs 9.06 and Rs 8.82 respectively, in the first hour of trade. NTT DoCoMo has received the arbitration award of almost 145 billion yen ($1.3 billion) from Tata Sons with regard to its 26% stake in Tata Teleservices , the Japanese major said on Tuesday. [Full Article...]

IBPS PO Result 2017 for Prelims Exam Officially Declared

IBPS PO Result 2017 for Prelims Exam Officially Declared Candidates who want to check their results will need their registration number and password genertaed at the time of registration. It was speculated that the IBPS PO Prelims result 2017 will be declared on November 4 but nothing officially was confirmed till yesterday. [Full Article...]

The SodaStream International Ltd. (SODA) Stock Rating Reaffirm by Susquehanna

The SodaStream International Ltd. (SODA) Stock Rating Reaffirm by Susquehanna Sodastream, which manufactures and markets home systems for preparing carbonated beverages, has a $1.4 billion market cap. Traders are a little more bearish on shares of SodaStream International Ltd . Susquehanna Bancshares Inc restated a "positive" rating and set a $79.00 target price (up from $58.00) on shares of SodaStream International in a research note on Tuesday, August 1st. [Full Article...]

United States economy still growing at 'solid pace' despite hurricanes: Fed

The Federal Reserve at 2 p.m. ET will release its interest-rate decision and policy statement after a two-day meeting in Washington. The Fed has raised benchmark interest rates twice this year already, responding to signs of economic improvement. [Full Article...]

Caesarstone Ltd. (CSTE) Issues Earnings Results

The firm had revenue of $154.68 million during the quarter, compared to analyst estimates of $153.75 million. CaesarStone Sdot-Yam Ltd. has a 52-week low of 26.35 and a 52-week high of 44.00. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Caesarstone has an average rating of "Hold" and an average target pric... [Full Article...]

Somewhat Favorable Media Coverage Somewhat Unlikely to Impact AbbVie (ABBV) Share Price

Groupon, Inc. (NASDAQ:GRPN) has 552.41 shares were outstanding. Viekira also faces intense pricing and competitive pressure in the HCV market. ABBV has been the topic of several research analyst reports. Also, insider Henry O. Gosebruch sold 18,300 shares of the firm's stock in a transaction on Monday, October 30th. Tompkins Corporation has invested 0.19% in AbbVie Inc (NYSE: ABBV ). [Full Article...]

Simpson Manufacturing Company, Inc. (NASDAQ:SSD) Expected To Report Earnings On Monday

Finally, BidaskClub lowered Simpson Manufacturing from a "buy" rating to a "hold" rating in a report on Wednesday, August 16th. Trading for shares of Simpson Manufacturing (NYSE: SSD ) should be followed closely this week, as Robert W. As per Tuesday, October 31, the company rating was upgraded by DA Davidson. The stock was sold at an average price of $49.05, for a total transaction of $586,736.... [Full Article...]

Revenue Estimates Analysis Of Novavax, Inc. (NVAX)

This showed a surprise of 0% in the last quarter earnings. Novavax (NASDAQ: NVAX ) last issued its earnings results on Tuesday, August 8th. Analysts are also projecting an Average Revenue Estimate for Novavax, Inc .as $6420 in the Current Quarter. [Full Article...]

Enterprise Products Partners LP (EPD) Shares Bought by OLD National Bancorp IN

Several other research firms have also commented on EPD . In taking a look at some additional key numbers, Enterprise Products Partners L.P. (NYSE: EPD ) has a current ERP5 Rank of 7530. Deutsche Bank maintained Enterprise Products Partners L.P. (NYSE: EPD ) on Monday, October 10 with "Buy" rating. If you are reading this piece of content on another publication, it was illegally stolen and repu... [Full Article...]

The Standpoint Research Reiterates "Hold" Rating for United Continental Holdings Inc. (UAL)

A number of other equities research analysts have also recently commented on UAL . The Company's shares were trading 1.14% below from the 52-week high price mark of $201.87 and 203.21% above from the 52-week price bottom of $203.21%. purchased a new position in United Continental Holdings, Inc . "( UAL ) PT Set at $68.00 by Morgan Stanley" was published by Week Herald and is the sole property of... [Full Article...]

Earnings Approximations to Watch: SLM Corporation (SLM), American Eagle Outfitters, Inc. (AEO)

Earnings Approximations to Watch: SLM Corporation (SLM), American Eagle Outfitters, Inc. (AEO) Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,533 shares of the apparel retailer's stock worth $103,000 after buying an additional 729 shares during the period. [Full Article...]

Johnson Controls International PLC (JCI) Shares Sold by IFC Holdings Incorporated FL

Johnson Controls International PLC (JCI) Shares Sold by IFC Holdings Incorporated FL Diamond Hill Capital Management Inc. owned approximately 0.23% of Johnson Controls International PLC worth $86,980,000 as of its most recent filing with the Securities & Exchange Commission. While looking at the Stock's Performance, Johnson Controls International plc now shows a Weekly Performance of 1.27%, where Monthly Performance is 4.59%, Quarterly performance is 8.75%, 6 Months performance is... [Full Article...]


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