Finance


Maratha reservation protest: Devendra Fadnavis says matter referred to backward classes commission Maratha reservation protest: Devendra Fadnavis says matter referred to backward classes commission
- August 10, 2017

The announcements were made after Fadnavis held a meeting with representatives of the Maratha community, whose demands have received support from nearly the entire political spectrum in the state. Other communities, including the Dhangars, are also in queue with similar demands, testing the political acumen of the Fadnavis government. The march started from Jijamata Udyan in Byculla and was expected to culminate at Azad Maidan by 5 pm. (more...)
Oprah's 'O, That's Good!' food line to hit groceries in October Oprah's 'O, That's Good!' food line to hit groceries in October
- August 10, 2017

The new brand's campaign, launching October 2, will span national television, print, radio, digital/social media and in-store merchandising and coupons, according to Urban. Mealtime Stories will donate 10% of its profits, in equal portions, to Rise Against Hunger and Feeding America , according to the venture's co-owners. (more...)
Airline bumping rate in U.S. lowest after Chicago airport incident Airline bumping rate in U.S. lowest after Chicago airport incident
- August 10, 2017

A 69-year-old man was dragged forcibly down the airplane aisle and other passengers captured the spectacle on camera phones, turning the incident into a public-relations disaster for United. The carriers canceled 1.1 percent of their scheduled domestic flights this June, up from the 1 percent cancellation rate in June 2016 and the 0.8 percent rate in May. (more...)
Six soldiers wounded after man drives vehicle on them in Paris Six soldiers wounded after man drives vehicle on them in Paris
- August 10, 2017

The incident took place at around 8:00 am (0600 GMT) in the northwestern suburb of Levallois-Perret. Police have closed off the roads. He also said the vehicle appeared to have waited in a nearby alleyway until the soldiers emerged from their barracks to start their patrol. (more...)
Montreal Sets Up Temporary Shelters To Handle Influx Of Asylum Seekers Montreal Sets Up Temporary Shelters To Handle Influx Of Asylum Seekers
- August 10, 2017

Francine Dupuis, who oversees a Quebec government-funded program that helps asylum seekers, said 2,620 people are now being housed in temporary accommodation in Montreal. Teams of Canadian soldiers stretched canvas across the metal frames of tents at a camp site near the Quebec-U.S. border Wednesday as they helped fellow authorities cope with the crush of asylum seekers crossing into Canada. (more...)
Featured Stock: JC Penney Company, Inc. (JCP) Featured Stock: JC Penney Company, Inc. (JCP)
- August 09, 2017

About shares traded. J C Penney Company Inc (NYSE: JCP ) has declined 40.00% since August 7, 2016 and is downtrending. J.C. Penney Company Inc (NYSE:JCP) 52-week high price stands at $11.30 and low price stands at $4.17, its price distance from 52-week high is -51.86% while its distance from 52-week low price is 30.46%. (more...)
The CVS Health Corporation (CVS) Coverage Initiated at Needham & Company LLC The CVS Health Corporation (CVS) Coverage Initiated at Needham & Company LLC
- August 09, 2017

Parnassus Investments CA now owns 6,237,016 shares of the pharmacy operator's stock valued at $473,605,000 after buying an additional 175,695 shares during the period. It's up 0.02, from 1.43 in 2016Q3. It dived, as 135 investors sold CVS shares while 627 reduced holdings. 127 funds opened positions while 440 raised stakes. (more...)
Uber Plans to Wind Down US Car-Leasing Business Uber Plans to Wind Down US Car-Leasing Business
- August 09, 2017

Now, facing significant losses, the company's planning to wind down the lending business, according to the Wall Street Journal . The program was a unique bet for Uber, whose ride-hailing business was originally premised on an "asset-light" model of owning no cars and employing no drivers. (more...)
Dow index closes at new record high Dow index closes at new record high
- August 09, 2017

Health care and consumer-focused companies were among the biggest laggards. NxStage shares vaulted $6.53, or 28.2 percent, to $29.67. Pioneer Natural Resources fell $5.70, or 4.2 percent, to $129.64, while Newfield Exploration lost $1.39, or 5 percent, to $26.44. (more...)
These Airlines Have Been Bumping Fewer Passengers Since the United Incident These Airlines Have Been Bumping Fewer Passengers Since the United Incident
- August 09, 2017

The Rasmussen family of Houston says Lulu , their 5-year-old Cavalier King Charles Spaniel, was cleared to fly by a veterinarian days before the flight. "We are so sorry to learn of Lulu's passing and have reached out to our customer to offer our condolences and assistance", the airline said. It added that the airline is conducting a "thorough review" of the incident. (more...)
Will China's Disappointing July Trade Deflate Metal Bulls? Will China's Disappointing July Trade Deflate Metal Bulls?
- August 09, 2017

Imports fell for the first time in four months, logging the sharpest contraction since January 2009. Forecasters have warned Chinese economic growth will cool this year, dampening demand for foreign goods, as controls imposed on bank lending to slow a rise in debt take hold. (more...)
Ralph Lauren Corporation (NYSE:RL) EPS Analysis Ralph Lauren Corporation (NYSE:RL) EPS Analysis
- August 09, 2017

The Connecticut-based Virtus Investment Advisers Inc has invested 0.01% in Ralph Lauren Corp (NYSE:RL). Intellectus Partners LLC now owns 1,300 shares of the textile maker's stock valued at $107,000 after buying an additional 200 shares during the last quarter. (more...)
U.S. calls for legally binding code of conduct in South China Sea
- August 09, 2017

In their statement Monday, the three foreign ministers said they would "continue to fly, sail, and operate wherever global law allows". Chinese Foreign Minister Wang Yi said the adoption of the framework created a solid foundation for negotiations that could start this year, if "the situation in the South China Sea is generally stable and on the premise that there is no major interference from outside parties". (more...)
Analysts Set Liberty Media Corporation (NASDAQ:FWONA) Price Target at $34.60
- August 09, 2017

Charles De Vaulx increased its stake in Liberty Interactive Corp Qvc Group Com Series "A" ( QVCA ) by 127.02% based on its latest 2016Q4 regulatory filing with the SEC. On December 8 analysts at Pacific Crest started covering QVCA by announcing an initial rating of "Overweight". Therefore 32% are positive. Liberty Media had 8 analyst reports since May 13, 2016 according to SRatingsIntel. (more...)
Didi adds another piece to its global jigsaw with Careem tie-up Didi adds another piece to its global jigsaw with Careem tie-up
- August 09, 2017

Careem's footprint extends to more than 80 cities across 13 countries including Pakistan, Turkey, Egypt and Morocco in addition to its Middle East/UAE presence. The company has widened its global reach through strategic alliances and investments in other major ride-hailing service operators. In a further twist, Didi Chuxing investor Softbank said this week that it was planning to increase its investments in the USA, by way of an investment in either Uber or Lyft. (more...)
Coca-Cola Company (The) (KO) Insider Sells 24156 Shares Coca-Cola Company (The) (KO) Insider Sells 24156 Shares
- August 09, 2017

Union Bankshares Corporation now has $1.40 billion valuation. Consolidated ( NASDAQ:COKE ) traded up 0.0793% during midday trading on Tuesday, reaching $242.7122. Dixon Hubard Feinour Brown Va holds 0.47% of its portfolio in The Coca-Cola Co (NYSE:KO) for 35,339 shares. If you are viewing this news story on another website, it was illegally stolen and republished in violation of United States & worldwide copyright & trademark legislation. (more...)
Michael Kors Holdings Limited (NYSE:KORS) Updates FY18 Earnings Guidance Michael Kors Holdings Limited (NYSE:KORS) Updates FY18 Earnings Guidance
- August 09, 2017

This translates into $95.05 million profit for KORS giving the stock a 18.52 P/E. After $0.73 actual EPS reported by Michael Kors Holdings Ltd for the previous quarter, Wall Street now forecasts -16.44% negative EPS growth. Therefore 30% are positive. Ratings analysis reveals 14% of Michael Kors Holdings Ltd's analysts are positive. The company was initiated on Thursday, September 29 by CLSA. (more...)
Liberty Global PLC (NASDAQ:LBTYK) Stake Boosted by Parkwood LLC Liberty Global PLC (NASDAQ:LBTYK) Stake Boosted by Parkwood LLC
- August 09, 2017

Pivotal Research maintained it with "Buy" rating and $48 target in Monday, January 18 report. The rating was maintained by Morgan Stanley with "Equal-Weight" on Monday, August 7. Legal & General Group Plc increased its position in Liberty Global PLC by 13.3% in the first quarter. The stock was bought at an average price of $24.34 per share, for a total transaction of $12,646,869.28. (more...)
Equitec Proprietary Markets LLC Takes Position in Avis Budget Group, Inc. (CAR) Equitec Proprietary Markets LLC Takes Position in Avis Budget Group, Inc. (CAR)
- August 09, 2017

Institutional investors and hedge funds own 29.28% of the company's stock. Oregon Public Employees Retirement Fund boosted its position in Avis Budget Group by 1.2% in the first quarter. The stock has returned -0.7% over the a year ago. Avis reported flat revenue from the year-ago period. Currently, CAR is a Zacks Rank #4 (Sell) and is down 10% to $30.35 per share in after-hours trading shortly after its earnings report was released. (more...)
NCC Group (NCC) Shares Recommendation Reiterated by Peel Hunt NCC Group (NCC) Shares Recommendation Reiterated by Peel Hunt
- August 09, 2017

Several stock researchers also published research study concerning the stock. Bronfman E.L. Rothschild L.P. boosted its position in shares of Vodafone Group PLC by 68.6% in the first quarter. On Tuesday, November 29 the stock rating was maintained by Canaccord Genuity with "Hold". The latest broker reports which are now outstanding on Tuesday 8th of August state 3 analysts have a rating of "strong buy", 0 analysts "buy", 4 analysts "neutral", 1 analysts "sell" and 4 analysts "strong sell". (more...)