Finance

Pacific Ethanol, Stake Increased by OppenheimerFunds

Pacific Ethanol Inc now has $215.46 million valuation. The stock had previously closed at $4.90. Pacific Ethanol (NASDAQ: PEIX ) previously issued its periodic earnings reports on early Wed, Aug 2nd. Since March 15, 2017, it had 0 buys, and 1 insider sale for $9.51 million activity. Finally, Zacks Investment Research raised shares of Pacific Ethanol from a "strong sell" rating to a "hold" rati... [Full Article...]

Cooper Tire & Rubber (CTB) Getting Somewhat Favorable Press Coverage, Analysis Shows

About 1,478 shares traded. AMERCO (NASDAQ:UHAL) has risen 4.93% since August 16, 2016 and is uptrending. COPYRIGHT VIOLATION WARNING: "The Goodyear Tire & Rubber (GT) Earns Daily News Impact Rating of 0.19" was originally published by Chaffey Breeze and is the property of of Chaffey Breeze. [Full Article...]

Central government slashes knee implant prices by up to 69%

Central government slashes knee implant prices by up to 69% Unlike cardiac stents, the prices of which was controlled after including it in schedule 1 of the DPCO, knee implants were put under price control through para 19 of the order . According to the World Health Organisation, osteoarthritis - the main reason for people needing knee replacement - is set to become the fourth biggest cause of immobility in India by 2020. [Full Article...]

Donald Trump disbands CEO advisory councils via Twitter

Donald Trump disbands CEO advisory councils via Twitter The Journal reports that Stephen A. Schwarzman - the CEO of Blackstone Group LP called the President to inform him of the group's intentions to disband. A protest involving the hate groups led to widespread violence and three deaths . In addition to the Strategic and Policy Forum, another group disbanded: the Presidential Committee on American Manufacturing. [Full Article...]

Kwmg LLC Has $1.44 Million Position in Ross Stores, Inc. (NASDAQ:ROST)

Kwmg LLC Has $1.44 Million Position in Ross Stores, Inc. (NASDAQ:ROST) During the session shares traded on above-average volume. Ross Stores, Inc . (NASDAQ:ROST), maintained return on investment for the last twelve months at 32.90, higher than what Reuters data shows regarding industry's average. $989,330 worth of Ross Stores, Inc . Currently, the stock has a 1 Year Price Target of $71.43. However, the company's most recent quarter increase of 7% looks attractive... [Full Article...]

Regency Centers Corporation (REG) Earns News Impact Rating of 0.15

Regency Centers Corporation (REG) Earns News Impact Rating of 0.15 About 56,129 shares traded. McEwen Mining Inc (NYSE:MUX) has risen 12.45% since August 14, 2016 and is uptrending. It has outperformed by 7.46% the S&P500. The company has a consensus rating of "Hold" and an average price target of $74.45. Evercore maintained it with "Hold" rating and $67 target in Tuesday, September 8 report. [Full Article...]

HDFC Bank Revises Interest Rates On Saving Accounts

HDFC Bank Revises Interest Rates On Saving Accounts Karnataka Bank , as part of its Asset Liability Management has introduced four interest variants on the balances maintained in SB accounts by its customers. Axis Bank: The first private bank to follow SBI's move was Axis Bank . These changes shall be effective from August 19, 2017. If the daily balance remains over Rs 1 lakh to a maximum Rs 50 lakh, the bank reduced rates from 4% to 3.5%. [Full Article...]

Southcross Energy Partners, LP (NYSE:SXE) Trading Volume Significantly Lower

Susquehanna Intll Group Inc Ltd Liability Partnership invested in 0% or 29,560 shares. Freestone Capital Holdings LLC raised its stake in Southcross Energy Partners, L.P.by 71.4% in the second quarter. The Company also sources, purchases, transports and sells natural gas and NGLs. Its assets are located in South Texas, Mississippi and Alabama. The assets in its MS region are located principally in... [Full Article...]

Wall Street rebounds as N. Korea tensions wane

Wall Street rebounds as N. Korea tensions wane Benchmark U.S. Treasury yields hit one-week highs as investors pared low-risk holdings in reaction to the comments from North Korea and the U.S. retail sales and regional factory activity data. Spot gold dropped 0.7 percent to $1,272.46 an ounce. Data for July showed the biggest increase in US retail sales in seven months as consumers ramped up discretionary spending and boosted purchases of mot... [Full Article...]

Wall St opens flat as North Korea tensions fade

Wall St opens flat as North Korea tensions fade Spot gold was down 0.6 percent at $1,274.31 per ounce as of 0626 GMT. Alibaba gained 1.9 percent after Dan Loeb's Third Point bought 4.5 million shares in the Chinese e-commerce company. U.S. Treasury benchmark yields rebounded from six-week lows as the easing of tensions with North Korea led investors to pare back their holdings of low-risk government debt. [Full Article...]

2 killed in helicopter crash in Virginia

2 killed in helicopter crash in Virginia Heather Heyer, a 32-year-old paralegal, was killed after a young man rammed a auto into a crowd of counterprotesters. A silver Dodge Challenger smashed into another vehicle, then backed up, barreling through "a sea of people". "We were very close". Right-wing blogger Jason Kessler had called for what he termed a "pro-white" rally in Charlottesville, sparked by the monument decision. [Full Article...]

Costco sued for $19m for selling 'fake' Tiffany rings

Costco sued for $19m for selling 'fake' Tiffany rings Tiffany initially sued Costco in a Valentines Day 2013 trademark infringement and counterfeiting lawsuit. In all, Costco owes Tiffany $11.1 million, three times the estimated profit the Issaquah, Wa. Popular warehouse chain Costco must pay $19 million to a luxury jeweler after selling knock-off "Tiffany" rings, a federal judge in New York City has ruled. [Full Article...]

Korea Investment CORP Buys 1448 Shares of Kinross Gold Corporation (KGC)

APG Asset Management N.V. boosted its position in shares of Kinross Gold Corporation by 2.5% in the first quarter. The company has a market cap of $5.46 billion, a PE ratio of 104.29 and a beta of 0.22. State of Wisconsin Investment Board increased its position in shares of Kinross Gold Corporation by 2.4% in the second quarter. The firm's quarterly revenue was down.9% compared to the same quarter... [Full Article...]

Prudential Financial, Inc. (PRU) Shares Sold by Rothschild Asset Management Inc

A number of equities analysts have recently weighed in on the company. It closed at $19.73 lastly. Prudential Financial's dividend payout ratio (DPR) is 33.63%. The 6 month volatility is 18.240000, and the 3 month is spotted at 20.878900. Scotia accumulated 0.03% or 15,120 shares. Blackrock reported 948,528 shares. [Full Article...]

Omega Healthcare Investors, Inc. (OHI) Posts Quarterly Earnings Results

The stock increased 0.18% or $0.06 during the last trading session, reaching $33.31. The NYSE listed company saw a recent bid of $31.94 on 2206725 volume. Howe & Rusling accumulated 194,774 shares. (NYSE:OHI) traded up 1.35% during mid-day trading on Monday, reaching $30.70. PiperJaffray downgraded the shares of RL in report on Friday, February 3 to "Underweight" rating. [Full Article...]

These CEOs have resigned from President Trump's special councils

The protest in Charlottesville, organized by neo-Nazis and white supremacists, left one woman dead and dozens others injured after a man drove his auto into a crowd of counter-protestors. Mr. Paul announced via Twitter he was resigning from the council, tweeting "it's the right thing to do". A woman was killed and 19 people injured when a auto rammed down a narrow street. [Full Article...]

Trump business policy forum says disbanding due to 'distraction'

Trump business policy forum says disbanding due to 'distraction' Frazier cited the need to "take a stand against intolerance and extremism". "While the AFL-CIO will remain a powerful voice for the freedoms of working people, there are real questions into the effectiveness of this council to deliver real policy that lifts working families". [Full Article...]

Trump Attacks Businessman for Protesting Trump's White Supremacy Response

Trump Attacks Businessman for Protesting Trump's White Supremacy Response Later Monday, Trump targeted Merck in a second tweet. Trump urged the companies to lower their prices, but he also promised they would benefit from relaxed federal regulations, better trade deals and tax reform. Paul Polman, the chief executive of Unilever, which owns the Dove and Axe brands, praised Frazier for standing up "for the moral values that made this country what it is". [Full Article...]

Under Armour CEO quits Trump's manufacturing council

Walt Disney Co. Chairman and CEO Bob Iger resigned for the same reason from the President's Strategic and Policy Forum, which Trump established to advise him on how government policy impacts economic growth and job creation. A spokesperson for the company confirmed that there is no representative from Ford on the council. "Our company has long fostered an environment of acceptance and tolerance ... [Full Article...]

Target's Comp Sales Rise 1.3%, Beat Estimates

Target's Comp Sales Rise 1.3%, Beat Estimates Sales rose 1.6 percent to $16.43 billion, above the average analyst estimate of $16.30 billion. The retailer on Wednesday said comparable sales rose 1.3% in the second quarter, better than the expected 0.7% growth. Target is spending $7 billion in three years to remodel old stores, open small ones in cities and college towns and offer faster delivery for online orders. [Full Article...]


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