Business

DT Investment Partners LLC Takes Position in Exxon Mobil Corporation (XOM)

DT Investment Partners LLC Takes Position in Exxon Mobil Corporation (XOM) Chevy Chase Trust Holdings Inc. now owns 3,962,515 shares of the company's stock valued at $371,446,000 after buying an additional 53,179 shares in the last quarter. XOM now has a profit margin of 4.90%. Nwq Management Ltd reported 0.01% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). $83.10's average target is -0.54% below currents $83.55 stock price . [Full Article...]

Advanced Micro Devices, Inc. (NASDAQ:AMD) Expected To Report Earnings On Tuesday

Advanced Micro Devices, Inc. (NASDAQ:AMD) Expected To Report Earnings On Tuesday The correct version of this news story can be viewed at https://www.truebluetribune.com/2017/10/24/advanced-micro-devices-inc-amd-to-release-quarterly-earnings-on-tuesday.html. ANDERSON JAMES ROBERT sold $217,200 worth of stock or 20,000 shares. The stock was sold at an average price of $13.91, for a total value of $278,200.00. [Full Article...]

Chipotle Mexican Grill, Inc. (CMG) Q3 Earnings Miss The Mark

Chipotle Mexican Grill, Inc. (CMG) Q3 Earnings Miss The Mark Revenue increased to $1.13 billion from $1.04 billion in the year-ago period. Chipotle's third-quarter earnings per share missed the lowest analyst estimate. The stock has a market capitalization of $11.28 billion, a P/E ratio of 157.42 and a beta of 0.62. Management also said that it expects same-store sales for the full year to rise about 6.5 percent. [Full Article...]

Taco Bell testing out Kit Kat Chocoladilla

Taco Bell testing out Kit Kat Chocoladilla They're for real, alright, at Taco Bell , which is testing candy-filled quesadillas at locations in Wisconsin. It sells for $1. Brand Eating reports that Taco Bell began hawking the chocolate confection previous year in several countries overseas, including the lucky UK . [Full Article...]

Lockheed Martin Corporation (LMT) Announces Quarterly Earnings Results

Lockheed Martin Corporation (LMT) Announces Quarterly Earnings Results The stock declined 2.44% or $7.82 reaching $312.91 on the news. About 1.32M shares traded or 30.69% up from the average. Lockheed Aeronautics' unit sales climbed 14% to $4.77 billion on higher net sales of the F-35 program as production volumes increased. [Full Article...]

GAM Holding AG Has $6.56 Million Stake in Kimberly-Clark Corporation (KMB)

Emcor Group Inc (NYSE:EME) has risen 40.80% since October 24, 2016 and is uptrending. It has underperformed by 16.38% the S&P500. On average, equities analysts forecast that Kimberly-Clark Corporation will post $6.20 EPS for the current year. [Full Article...]

Self-driving startup nuTonomy bought by Delphi for $400 million

Self-driving startup nuTonomy bought by Delphi for $400 million Delphi's chief technical officer, Glenn De Vos, said on a conference call with reporters Tuesday morning, that it envisions deploying autonomous technology in a commercial space, before eventually ending up in the consumer market. This will increase Delphi's customer base and expand its market. The addition of NuTonomy's technology will help speed up the expansion of those programs into the ne... [Full Article...]

Air Canada being probed for another runway blunder at SFO

Air Canada being probed for another runway blunder at SFO The landing was uneventful but it seems the Air Canada crew did not reply to radio transmissions nor to a so-called "red-light gun" alert used to communicate with planes when the radio fails. A supervisor at an airport tower had cleared the plane for landing at the same runway when it was six miles away from the airport, but then changed instructions because it was not clear the runway would be ... [Full Article...]

Financial services complaints up 9.2% in H1: FCA

Financial services complaints up 9.2% in H1: FCA Equifax, which has become the subject of numerous probes and lawsuits following its disclosure of the hack in September, said it "welcomed" the FCA's involvement. credit checking company Equifax, which had the records of 15.2m Britons accessed in a catastrophic data breach earlier this year. It rarely announces when it opens investigations but said the level of public interest in the case warrante... [Full Article...]

Sears, Whirlpool sever ties after 100 years

Sears, Whirlpool sever ties after 100 years The company will no longer sell Whirlpool appliances. The Upton Machine Company, which became Whirlpool, sold its first order of washers to Sears, Roebuck & Company in 1916. Sears Holdings has closed more than 300 of its stores in recent years. "The entire Sears business declined over time", Bitzer added. The retailer announced earlier this year that it would begin selling its Kenmore appli... [Full Article...]

Fiat Chrysler's 3Q profit boosted by strong North America margins

Earnings per share of 70 cents were an increase over 56 cents during the same period in 2016. Fiat Chrysler Automobiles has filed a complaint with a USA regulator looking for "reparations" from a group of shipping business from Asia, Europe and South America that admitted to fixing prices for shipping cars, inning accordance with files made public on Monday. [Full Article...]

HDFC Bank Q2 profit rises 20% to Rs 4151 crore

The growth was driven by operating profit, other income and net interest income . The net interest income for the quarter rose 22 per cent YoY to Rs 9,752.10 crore from Rs 7,993.6 crore in the year-ago quarter. As a result of which the provisions and contingencies for the quarter nearly doubled to Rs 1,476 crore consisting of specific loan loss provisions Rs 749 crore. [Full Article...]

Hudson's Bay Company selling flagship Lord & Taylor store

Hudson's Bay Company selling flagship Lord & Taylor store But the Hudson's Bay deal with WeWork is a change in how retailers are trying to capitalize on their real estate. Toronto-based HBC , which is under pressure from an activist shareholder to monetize its real estate, said Tuesday Rhone Capital, an investor in WeWork, is making a $632-million equity investment in HBC, which also owns its namesake stores and Saks Fifth Avenue. [Full Article...]

Near term Outlook For Caterpillar Inc. (NYSE:CAT)

Near term Outlook For Caterpillar Inc. (NYSE:CAT) Caterpillar had a net margin of 2.54% and a return on equity of 12.79%. According to their observations and findings, the stock could provide a high EPS of $1.57/share and a low EPS of $1.13/share. On October 13 Citigroup held the company rating at "Neutral" but moved up the price target from $125.00 to $133.00. TRADEMARK VIOLATION WARNING: This piece was originally posted by StockNewsTimes and... [Full Article...]

Whitbread profits grow on back of Premier Inn growth

Whitbread profits grow on back of Premier Inn growth However, having pushed through price increases itself, Whitbread will be well aware of the pressures facing the purses of United Kingdom consumers. Neil Wilson, senior analyst at finance broker ETX Capital, said that Premier Inn's steady expansion accounted for most of Whitbread's profits while Costa's like-for-like sales were a dampener. [Full Article...]

European Union says investigators inspect German automakers

European Union says investigators inspect German automakers German carmakers have always been aggressive advocates of diesel technology. Media reports had informed that Volkswagen had also raised the concern of collusion with cartel authorities, although this has not been validated by the automaker. [Full Article...]

Infosys Q2 net up 3.3% to Rs 3726 cr; cuts revenue forecast

Infosys Q2 net up 3.3% to Rs 3726 cr; cuts revenue forecast Infosys declared an interim dividend of Rs 13 per equity share and fixed the record date for interim dividend as November 1, 2017 and payment date as November 4, 2017. The precedent of releasing the full investigation reports could impair the cooperation of participants should the need for an investigation arise in the future, Infosys has stated repeatedly. [Full Article...]

(LLY) Shares now down at $87.18 Lilly Reports Third-Quarter Results,…

(LLY) Shares now down at $87.18 Lilly Reports Third-Quarter Results,… It closed at $6.4 lastly. It has underperformed by 38.95% the S&P500. Shares have moved $4.68 over the past month and more recently, $.93 over the past week heading into the earnings announcement. Highstreet Asset Mgmt accumulated 9,884 shares or 0.09% of the stock. Victory Capital Management Inc invested 0% in Inphi Corporation ( NYSE :IPHI). The stock exchanged hands with 1,235,928 numbers of sh... [Full Article...]

McDonald's earnings match estimates as promos drive U.S. growth

McDonald's earnings match estimates as promos drive U.S. growth The fast-food chain reported adjusted earnings per share of $1.76, matching the consensus estimate according to Bloomberg. Consolidated revenue fell 10 percent year-over-year due to the impact of its strategic refranchising initiative. McDonald's said Tuesday its third-quarter earnings surged as more customers came through the doors and ate more once they did, but revenue was hit by the compa... [Full Article...]

Verizon Communications Inc. (VZ) Investment Decreased by Robeco Institutional Asset Management Bv

Advantus Capital Management Inc increased its stake in Verizon Communications Inc (VZ ) by 2.54% based on its latest 2017Q2 regulatory filing with the SEC. (NYSE:VZ). Moreover, Crow Point Prtn Lc has 1.04% invested in Verizon Communications Inc. The institutional investor owned 349,686 shares of the cell phone carrier's stock after selling 6,537 shares during the quarter. [Full Article...]


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