Business

Regal Entertainment Group (NYSE:RGC)

Regal Entertainment Group announced that its Board of Directors has initiated a share buyback program on Thursday, August 31st that allows the company to buyback $50.00 million in outstanding shares. The rating was upgraded by B. Riley & Co on Monday, October 31 to "Buy". RBC Capital Markets has "Underperform" rating and $136 target. The rating was maintained by Wedbush on Friday, April 7 with "O... [Full Article...]

How major U.S. stock market indexes fared Tuesday

How major U.S. stock market indexes fared Tuesday Procter & Gamble fell more than 2 percent and was the biggest drag on the S&P and the Dow. Core Durable Goods Orders came in at 0.2 percent, meeting the estimate. She indicated uncertainty about inflation calls for a continuing program of gradual rate hikes. Futures on the S&P 500 Index fell 0.1%. The Dow Jones industrial average fell 11.77 points, or nearly 0.1 percent, to 22,284.32. [Full Article...]

Gold prices to trade lower Angel Commodities

Gold prices to trade lower Angel Commodities This was the effects of North Korea's foreign minister stated U.S. President Donald Trump tweeted that its leader Kim Jong Un may not be around for too much longer, bringing on a declaration of war. "The divergence between USA and euro zone data surprises is closing rapidly and while the once popular dollar parity forecasts still look ridiculous, the euro looks past its peak", said Sean Maher, a... [Full Article...]

Reiterates Overweight Rating for Walt Disney Co (DIS)

Reiterates Overweight Rating for Walt Disney Co (DIS) It has underperformed by 0.35% the S&P500. Several hedge funds have recently modified their holdings of DIS . Vantage Financial Partners Ltd. Inc. bought a new stake in Walt Disney Company (The) during the second quarter worth $925,000. (NASDAQ:BOKF) stake by 11,438 shares and now owns 984,980 shares. Since May 8, 2017, it had 0 insider buys, and 2 insider sales for $1.48 million activity. [Full Article...]

Conagra Brands, Inc. (CAG), Investors Bancorp, Inc. (ISBC)

Conagra Brands, Inc. (CAG), Investors Bancorp, Inc. (ISBC) It has underperformed by 0.23% the S&P500. After $0.37 actual earnings per share reported by Conagra Brands Inc for the previous quarter, Wall Street now forecasts 8.11% EPS growth. As per Tuesday, September 26, the company rating was downgraded by Citigroup. The firm has "Buy" rating given on Friday, July 14 by Susquehanna. Sucampo Pharmaceuticals, Inc.is a biopharmaceutical company. [Full Article...]

Flagship Harbor Advisors LLC Has $736000 Holdings in Cisco Systems, Inc. (CSCO)

About 264 shares traded. GlaxoSmithKline plc (ADR) (NYSE:GSK) has risen 4.26% since September 27, 2016 and is uptrending. This works out to an increase of 1.40% compared to last year's earnings. Mitsubishi UFJ Securities Holdings Co. The company operates in the Technology sector with a market capitalization of 168.63 Million. (NYSE:CMI). Albert D Mason reported 0.45% stake. [Full Article...]

Enbridge Energy, LP Class AC (NYSE:EEP) Sees Significantly Lower Trading Volume

Wealthtrust-Arizona Llc who had been investing in Enbridge Energy Partners LP for a number of months, seems to be less bullish one the $6.43 billion market cap company. Its up 0.13, from 0.85 in 2017Q1. It is positive, as 45 investors sold MMM shares while 589 reduced holdings. 21 funds opened positions while 70 raised stakes. [Full Article...]

Wells Fargo & Co (WFC) Upgraded by Piper Jaffray Companies to Neutral

It has underperformed by 7.03% the S&P500. During the same quarter in the prior year, the company posted $1.03 earnings per share. The Marathon Asset Management Llp holds 1.69M shares with $93.84 million value, up from 1.46 million last quarter. [Full Article...]

Video streaming company Roku raises $219M in IPO

Video streaming company Roku raises $219M in IPO According to an SEC filing , the company plans to start trading 15.7 million shares on Thursday, pricing them at $12-$14 on the NASDAQ. Roku's principal stockholders include Menlo Ventures, Fidelity and Rupert Murdoch's Twenty-First Century Fox FOXA.O It sold 9 million Class A common shares in the offering, with shareholders selling an additional 6.7 million shares. [Full Article...]

(RAD) Receives Consensus Rating of "Hold" from Brokerages

(RAD) Receives Consensus Rating of The biggest holder now is John T. Standley who owns 3,441,769 shares (0.33% of those outstanding), whilst Kenneth A. Martindale holds 2,098,994 (0.20% of shares outstanding) and Frank G. The company operates in two business segments: the retail drug segment and the pharmacy benefit management segment. It now has negative earnings. Crawford will report to Rite Aid Chairman and CEO John Standley. [Full Article...]

New Audi e-tron FE04 Race Car Announced

New Audi e-tron FE04 Race Car Announced Audi has unveiled their first all-electric race vehicle at Neuburg. In Formula E, the teams and manufacturers are allowed to develop the powertrain consisting of the motor, transmission, parts of the suspension and the respective software. [Full Article...]

Piyush Goyal stresses on railway safety, track renewal

Piyush Goyal stresses on railway safety, track renewal He said that the Marhowra diesel locomotive factory in Bihar's Saran was on track and added that the government has no plans to make sudden changes in policy that threatens the GE plant in eastern India. GE had won a $2.6 billion contract in 2015 to supply Indian Railways with 1,000 diesel locomotives and began work on a plant in one of the largest direct foreign investment projects. [Full Article...]

BlackBerry's stock soars after surprise profit, revenue beat

Its stock was on the rise in premarket action after reporting the profit of 4 cents a share, basic, compared to a loss of $371-million or 71 cents a year earlier. They expect non-GAAP sales to come in between $920 million and $950 million, while the consensus now stands at $916 million. "We made significant progress on our key growth initiatives, BlackBerry Executive Chairman and CEO John Chen s... [Full Article...]

Brighton Jones LLC Buys 73613 Shares of General Electric Company (NYSE:GE)

The stock declined 1.44% or $1.25 reaching $85.32 per share. Another trade for 100,000 shares valued at $2.81 million was bought by IMMELT JEFFREY R. It is down 0.00% since September 27, 2016 and is. Westchester Cap Mgmt accumulated 320,923 shares. Canandaigua National Bank & Trust & Tru has 321,861 shares for 1.78% of their portfolio. Royal Bancorporation Of Canada holds 0.58% or 41.64 million sh... [Full Article...]

China Blocks WhatsApp, Says Messaging Service Should Stop Spread of "Illegal Information"

China Blocks WhatsApp, Says Messaging Service Should Stop Spread of The Residents of mainland China can still use services like WhatsApp if they first connect to virtual private networks that provide them with communications channels to servers outside the Chinese mainland. "I think it took time for the Chinese firewall to adapt to this new protocol so that it could also target text messages", he said , speculating that Chinese censors might have planned ... [Full Article...]

Net Element Receives Media Analysis Sentiment Points of 0.26

NETE's latest closing price was 23.11% away from the average-price of 200 days while it maintained a distance of 110.90% from the 50 Day Moving Average and 107.10% away compared to its SMA 20. Net Element, Inc . has been given an analysts' mean target of 90.7. Stock's minimum price target estimates has been figured out at $5.17 while the maximum price target forecast is established at $5.17. [Full Article...]

Trump diverts attention to tax reform after failed Obamacare repeal

Trump diverts attention to tax reform after failed Obamacare repeal Now that the long-awaited framework has been released, the hard work of tax reform can begin: fleshing out the skeleton and answering the many lingering questions, like how to offset trillions of dollars in lost revenue and who should benefit - or lose - from the changes. [Full Article...]

Check-in systems crash causing chaos at airports across the world

Check-in systems crash causing chaos at airports across the world A spokesperson said: 'A small number of airlines are now experiencing intermittent issues with their check-in systems at airports around the world - including at Heathrow. There were reportedly long waits at check-in desks and the cause of the problem is now unclear. 'They can not check the passengers in. Southwest Airlines spokesman Chris Mainz confirmed the same issues. [Full Article...]

Uber apologises after losing London licence

Uber apologises after losing London licence Uber's business model, as well as those of startups including TaskRabbit Inc. and delivery-service Postmates Inc., relies on workers assuming costs including fuel, vehicle maintenance, registrations and insurance. In a surprise announcement last week, Transport for London said it would not renew Uber's licence to operate over concerns the firm had not met "rigorous regulations" created to ensure p... [Full Article...]

Boeing-Bombardier battle looms over NAFTA talks

Boeing-Bombardier battle looms over NAFTA talks But the ruling gives Boeing momentum as the dispute drags on, and more leverage in any future talks between the Trudeau government and the Chicago-based company to reach a negotiated settlement. The Guardian writes: "The extra charge would more than triple the cost of a C-Series aircraft sold in the United States to about $61 [million] per plane, based on Boeing's assertion that Delta receive... [Full Article...]


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