Finance

Gilead Topples After First-Quarter Sales, Earnings Miss Forecasts

SLM Corporation (SLM) has declined 8.86% since May 1, 2017 and is downtrending. It has outperformed by 13.61% the S&P500. Greenwood Capital Associates Llc decreased its stake in Gilead Sciences Inc ( GILD ) by 11.04% based on its latest 2017Q4 regulatory filing with the SEC. [Full Article...]

Microsoft (MSFT) Given New $100.00 Price Target at Citigroup

Microsoft (MSFT) Given New $100.00 Price Target at Citigroup The stock increased 0.07% or $0.07 during the last trading session, reaching $93.59. Veritas Asset Management Llp decreased Dentsply Sirona Inc stake by 32,000 shares to 6.14 million valued at $403.96 million in 2017Q4. The rating was maintained by Wunderlich on Wednesday, July 20 with "Hold". The company has a market capitalization of $737,794.19, a P/E ratio of 28.40, a price-to-earnings-growt... [Full Article...]

Investec Asset Management North America INC Increased Baidu INC (BIDU) Stake

Investec Asset Management North America INC Increased Baidu INC (BIDU) Stake Baidu stock traded down $0.93 during trading on Thursday, reaching $249.97. BIDU outperformed the S&P 500 by 25.17%. Based on the latest 2017Q4 regulatory filing with the SEC, Bp Plc reduced its stake in Baidu Inc Spon Adr (BIDU) by 15.17%. [Full Article...]

Mobile US (TMUS) Price Target Raised to $0.00 at Oppenheimer

The company reported its last earnings Actual EPS of $0.61/share. Palestra Cap Ltd Liability invested 6.31% in T-Mobile US, Inc. Shares of NASDAQ: TMUS - T-Mobile US closed the previous trading session at 61.57 down -2.95 4.57% with 62.9900016784668 shares trading hands. [Full Article...]

GBPUSD Falls to 4-Month Low After Weak UK Manufacturing PMI

It is the second disappointing data point in the space of a few days after official figures on Friday showed Britain's economy barely grew in the first three months of 2018, with heavy snow only partly to blame . For the first time since January, the headline PMI figure increased and thereby signaled a stronger rate of growth in the sector. "The slowdown reflects weaker demand at home and overs... [Full Article...]

Economic expansion persists in February-CBN report

Economic expansion persists in February-CBN report The Production Index registered 57.2%, a 3.8 percentage point decrease compared to the March reading of 61%. The Employment Index registered 54.2 percent, a decrease of 3.1 percentage points from the March reading of 57.3 percent. "The manufacturing supplier delivery time index stood at 57.4 points in April 2018, indicating faster supplier delivery time for the eleventh consecutive month". [Full Article...]

Guitar maker Gibson files for Chapter 11 bankruptcy

Guitar maker Gibson files for Chapter 11 bankruptcy King, Elvis Presley and Pete Townshend. Gibson Brands, Inc. announced on Tuesday that it was reorganizing under Chapter 11 of the U.S. Bankruptcy Code. Gibson has begun the liquidation process for its debt-plagued, struggling global Gibson Innovations division, which sells headphones, speakers, accessories and other electronics. [Full Article...]

Snap Inc Class A (NYSE:SNAP) Short Interest Increased By 0.46%

The stock decreased 0.48% or $0.23 during the last trading session, reaching $47.34. Stockholders of record on Monday, May 21st will be given a dividend of $0.82 per share. (NYSE:SNAP) rating. Canaccord Genuity has "Hold" rating and $12 target. Therefore 59% are positive. (NYSE:SQ) earned "Buy" rating by Deutsche Bank on Thursday, February 15. [Full Article...]

GST collection breaches Rs 1 lakh crore mark for first time

GST collection breaches Rs 1 lakh crore mark for first time Sandeep Chilana, Partner, Shardul Amarchand Mangaldas said: " GST collections for the month of March 2018 shows buoyance and increasing acceptance for compliances under GST laws". April was also the month for composition dealers to file quarterly returns. However, it is usually noticed that in the last month of the financial year, people also try to pay arrears of some of the previous months al... [Full Article...]

HDFC reports 39% jump in Q4 net profit

HDFC reports 39% jump in Q4 net profit Apart from this, the board of the mortgage lender has also approved non-convertible debentures - both secured and unsecured - up to Rs 85,000 crore on private placement basis, suggested the ET report. The increase was due to a Rs 80 crore onetime provision towards the contingencies account. The NPAs of the individual portfolio increased marginally to 0.64 percent from 0.61 percent last year whil... [Full Article...]

Scotland introduces minimum alcohol pricing to cut deaths

Scotland introduces minimum alcohol pricing to cut deaths It takes the cost of a 70cl bottle of 37.5% vodka to no less than £13.13, four 440ml cans of 9% lager increase to a minimum of £7.92 and a 75cl bottle of 12.5% wine can be sold for no less than £4.69. Heavy drinkers in poverty are at the greatest risk from over-consumption and Minimum Unit Pricing aims to tackle this group specifically. The move is aimed to curb the sale of cheap and strong drin... [Full Article...]

Bristol-Myers Squibb (BMY) Earns "Sell" Rating from BMO Capital Markets

It has underperformed by 0.18% the S&P500. Advent International Corp decreased its stake in Stericycle Inc ( SRCL ) by 47.42% based on its latest 2017Q4 regulatory filing with the SEC. portfolio. 808,122 are owned by Keybank Natl Association Oh. Since December 12, 2017, it had 1 buying transaction, and 1 sale for $85,985 activity. [Full Article...]

Are Analysts Bullish Schlumberger Limited (NYSE:SLB) After Last Week?

The stock decreased 1.69% or $1.16 during the last trading session, reaching $67.4. Harding Loevner LP grew its holdings in shares of Schlumberger by 1,337.3% in the 3rd quarter. analysts anticipate that Schlumberger will post 2.07 earnings per share for the current year. Wilbanks Smith & Thomas Asset Ltd Liability Co accumulated 8,550 shares. [Full Article...]

Noticeable Observation for Stock Investors: Under Armour, Inc. (UA)

Noticeable Observation for Stock Investors: Under Armour, Inc. (UA) It has 312.62M outstanding shares and 300.85M shares have been floated in market exchange. (NYSE: UAA ) is a huge mover today! Ameriprise Financial Inc. The current stock price is $11.3. Recently, analysts have updated the overall rating to 3.07. Within the global business, revenue in Europe, the Middle East and Africa rose 23% (13% currency neutral), in Asia-Pacific revenue rose 35% (28% curren... [Full Article...]

Restaurant in Toronto Must Pay $10000 for Racial Profiling

Restaurant in Toronto Must Pay $10000 for Racial Profiling Once seated the server informed them that they would have to prepay for their meals stating that it was the restaurant's policy. Wickham got up and canvassed the restaurant's other patrons - none of whom were black - asking if any had had to prepay for their meals. [Full Article...]

Hot Performer of the day: United States Steel Corp. (X)

Hot Performer of the day: United States Steel Corp. (X) Therefore 29% are positive. On Tuesday, January 30 the stock of AK Steel Holding Corporation (NYSE: AKS ) earned "Hold" rating by Jefferies. The company was maintained on Thursday, March 29 by Deutsche Bank. Next Financial Grp Inc Inc holds 0.05% or 21,050 shares in its portfolio. Wolverine Asset Limited Liability Corp invested in 398,446 shares. Comparatively, NEM's free cash flow per share... [Full Article...]

Sainsbury's CEO filmed singing after Asda deal

Sainsbury's CEO filmed singing after Asda deal Mr Coupe said: "It was an unfortunate choice of song" and apologised if he had offended anybody. The Asda deal has already made Coupe significantly richer, with his 1.28 million shares going up in value by 500,000 pounds following the announcement. [Full Article...]

BP first-quarter profit up 71% as production and oil price rise

BP first-quarter profit up 71% as production and oil price rise Total production advanced six percent to 3.7 million barrels of oil equivalent per day. Dudley said that 2018 would see BP "determined to keep delivering our operational targets and maintaining capital discipline while growing cash flow and returns". [Full Article...]

Maharashtra day: BSE, NSE, Forex markets closed

Maharashtra day: BSE, NSE, Forex markets closed The 30-share index again crossed the 35,000-mark by surging 228.73 points, or 0.65 per cent, to trade at 35,198.43. Sentiment got a boost after the RBI on Friday further liberalised External Commercial Borrowing (ECB) policy by including more sectors in the window, in a bid to facilitate easy access to overseas funds for India Inc, brokers said. [Full Article...]

Shell Midstream Partners (SHLX) Expected to Announce Earnings of $0.18 Per Share

The stock appeared $26.18 above its 52-week highs and is up 2.44% for the last five trades. About 628,737 shares traded. Magellan Midstream Partners, L.P. Its up 0.02, from 0.73 in 2017Q3. It turned negative, as 5 investors sold ARTNA shares while 29 reduced holdings. A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. [Full Article...]


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