Tuesday, 19 February 2019
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McDonald's plans for fully recycled packaging by 2025


This expands upon McDonald's existing goal that by 2020, 100% of fiber-based packaging will come from recycled or certified sources where no deforestation occurs. "Our customers have told us that packaging waste is the top environmental issue they would like us to address", DeBiase said. The initiative eliminated more than 300 million pounds of packaging, recycled 1 million tons of corrugated boxes, and reduced waste by 30 percent in the decade following the partnership. Read More »

Has $49.07 Million Holdings in Mondelez International Inc (MDLZ)

In the last three months, insiders executed a total of 6 trades. About 805,153 shares traded. Mondelez International (NASDAQ: MDLZ ) last released its quarterly earnings results on Wednesday, October 26th. Morgan Stanley upgraded the shares of WRB in report on Thursday, January 21 to "Equal-Weight" rating. The firm has "Hold" rating by Deutsche Bank given on Thursday, November 10. Read More »

Fines for Anonymous Сrypto Trading Accounts to be Implemented in South Korea

Ethereum , meanwhile, experienced a 20 percent plunge to a low of around $1,096. Following initial statements that South Korea was looking to ban trading of cryptocurrencies , followed by a climbdown, the country's finance minister Kim Dong-yeon said in an interview with local radio station TBS that banning trading in digital currencies was "a live option". Read More »

The Tenet Healthcare Corporation (THC) Bond Prices Rise 1.8%

That compares with the recent volume average of 2.17 million. Myriad Genetics, Inc. (NASDAQ:MYGN) has declined 37.47% since January 15, 2017 and is downtrending. The collective rating of 2.8 for iRobot Corporation (NASDAQ:IRBT) also leans strongly towards the neutral end of the spectrum. Goldman Sachs reinitiated Tenet Healthcare Corporation (NYSE: THC ) rating on Tuesday, July 21. Read More »

PM Modi inaugurates Barmer oil refinery


Former Chief Minister Ashok Gehlot said Mr. Modi had disappointed the people of Rajasthan, as he did not say anything about Parwan dam project, Jaipur Metro's second phase, MEMU coach factory and Dungarpur-Banswara-Ratlam railway line. Banks were nationalised but their doors did not open for the poor. "Haven't you been hearing "garibi hatao" slogan for last four decades. Jan Dhan Yojana changed such parameters and the poor got access to banking facilities". Read More »

Malaysia, Singapore sign bilateral transport pact


The project's original goal was to have the link operational by 2018. "Just imagine, if we have not resolved the problem, just imagine for one moment that our relationship is based on the policy of confrontation between the two countries, just imagine that it is an acrimonious relationship, there will be no Marina One, there will be no DUO, there will be no Rapid Transit System (RTS), there will be no High Speed Rail (HSR), there will be no crooked bridge as well", he said, prompting ... Read More »

AT&T Urged by Lawmakers to Cut Ties with China's Huawei


A new bill introduced to Congress proposes a ban preventing branches of the USA government from working with service providers that use any equipment from either company for security reasons. Huawei and ZTE, both Chinese companies, are once again receiving negative attention from the U.S. government, which a new bill proposal wants to ban from working with firms that use equipment from either company. Read More »

Citigroup Hit With Huge Loss on Tax Reform


That's down from the low 30s. In December before the tax bill was passed, the firm estimated it would most likely cost the firm $20 billion in the fourth quarter. That's because of the massive losses Citi suffered during the financial crisis. Institutional Clients Group revenue of $8.1B down 12% Y/Y. The bank also said its equity trading division was hurt by $130 million related to a "single client event". Read More »

Premier Foods Q3: Cadbury and Mr Kipling sales decline


Premier Foods - which is also behind Ambrosia custard and Bisto gravy - reported a 4 per cent rise in sales over its third quarter to December 30, helping overall sales rise 2.6 per cent so far in its year to date. Premier Foods said sales and volumes of Bisto and Oxo were up during the quarter and benefitted from media advertising. The company said Mr Kipling and Cadbury cake sales were impacted by a "move to more optimal promotional activity". Read More »

NCC Group (NCC) Stock Rating Reaffirmed by Peel Hunt


The stock has "Buy" rating by Liberum Capital on Friday, February 5. The rating was maintained by Shore Capital on Tuesday, January 16 with "Hold". The stock of Saga plc (LON:SAGA) earned "Neutral" rating by JP Morgan on Wednesday, December 13. Read More »

Metro Train With 60 Passengers Derails In Washington


Stessel said the train operator is cooperating with investigators and will be subject to standard post incident alcohol and drug screenings. The Glenmont-bound train was travelling between Metro Center and Farragut North when it derailed about 6:40 a.m. Read More »

Blackberry launches cybersecurity software to help protect self-driving cars from hacks


The company will initially market the solution to automakers, for whome complex software supply chains create compelling and urgent use cases that Jarvis can help solve. Results are provided immediately via dashboards with specific advisories. In a statement, Chen called the product a "game-changer" for automakers, saying the product provides the "insights and deep learning needed to ... Read More »

What's Propelling Bank of America Corporation (BAC) to Reach 52-Week High?


The stock increased 0.13% or $0.56 during the last trading session, reaching $435.95. About 9.03 million shares traded or 8.15% up from the average. Facebook, Inc. Loring Wolcott & Coolidge Fiduciary Advsr Llp Ma reported 462,102 shares. Zacks Investment Research upgraded shares of Bank of America from a "hold" rating to a "buy" rating and set a $33.00 price target on the stock in a report on Tuesday, January 2nd. Read More »

BP Expects USD1.7 Billion Fourth Quarter Deepwater Charge


The oil giant said it expects to spread the impact of the charge over multiple years. "With the claims facility's work very almost done, we now have better visibility into the remaining liability", Brian Gilvary, BP's chief financial officer, commented in the statement, adding that the charge was 'fully manageable, ' especially now that the company was "back into balance at $50 per barrel". Read More »

Milder Monday, Snow Showers and Frigid Temps Late Tuesday


Snow showers will begin to taper off this evening, and mostly cloudy skies are expected overnight. We will get a little break from the really cold temperatures Tuesday before we have another winter system approaching for Wednesday . The valleys of western Montana will be colder, with inversions trapping temperatures in the 20s. But forecasters say even there, the snowfall could be a dusting at the most. Read More »

Whiting Petroleum Corporation (NYSE: WLL)

The hedge fund run by Scott Mclellan held 997,000 shares of the miscellaneous company at the end of 2017Q3, valued at $62.90M, up from 937,000 at the end of the previous reported quarter. Sigma Planning Corp now owns 13,989 shares of the oil and gas exploration company's stock valued at $130,000 after buying an additional 3,471 shares in the last quarter. Read More »

Economy Watch: Inflation Modest in December


However, this was partially offset by an increase in tobacco and fuel prices, after duties rose following the Autumn Budget. The Office for National Statistics reported on Tuesday that consumer price inflation was 3 per cent in the month, down from the 3.1 per cent in November. Read More »

Northern Ireland to be hit by snow, sleet and hail


Snow and ice is set to be followed by winds of up to 70mph, prompting two weather warnings for Wales this week. "These will fall increasingly as sleet and snow in northern England by Tuesday". Meanwhile the rest of the United Kingdom can expect rain and strong winds at the start of the week. The weather system will bring in colder conditions, particularly in Scotland, as the week goes on. Read More »

Pressure rises on British government after Carillion collapse

Carillion management contacted us first thing this morning and we expect further engagement over coming weeks. Carillion , which has been struggling under £ 900m of debt and a £590m pension deficit, has seen its shares price plunge more than 70% in the past six months after making a string of profit warnings and breaching its financial covenants. Read More »

The Biggest 3 Holders Of Wal-Mart Stores, Inc. (WMT)


The stock saw a move of 0.85% during the latest trading session. It has underperformed by 2.87% the S&P500. Maheras increased its stake in Micron Technology Inc (MU) by 8.7% based on its latest 2017Q3 regulatory filing with the SEC. Prudential Public Ltd holds 0.35% or 1.44M shares in its portfolio. (NASDAQ:MU). National Planning holds 0.2% of its portfolio in Micron Technology, Inc. Read More »

Air India stake sale: Govt mulls absorbing employees in PSUs


Sinha, however, declined to name potential bidders but said the management control would be retained by the local investors. The government will also assume non-core debt of Air India before the sale, he added. The proposed privatisation of Air India Ltd has gained momentum, with the government deciding to break the airline into four units and offer to sell at least 51% in each of them as part of a disinvestment plan. Read More »

Decision to block DACA termination sheds hope


This week a federal judge halted much of the Trump administration's plan to end the Deferred Action for Childhood Arrivals, or DACA, program . "The President invited us to - at his little get-together in the Cabinet room - to come up with proposals, and we did". Read More »

India's wholesale price inflation eases to 3.58% in December


Not only was this lower than what most observers expected, but also lower than the wholesale inflation for November, which was 3.93 per cent. "As inflation numbers are being driven largely on account of supply side factors, we urge the Reserve Bank of India to calibrate its monetary policy stance giving equal weightage to growth consideration". Read More »

Novak Djokovic advocating for players to form union


Before he gave his speech to fellow players, Australian Open officials announced they will be nearly doubling the prize pot at the Melbourne tournament. 'I haven't seen or read or heard anything in the media of that, ' Ebden said after his win over John Isner. 'No, it was not about prize money as far as I'm concerned. Read More »

Export growth rate halved in December to 12.4% at $27 bn


Difficulties in the implementation of the Goods and Services Tax last July had hurt businesses, particularly exporters, dragging economic growth to a three-year low. The growth in exports was aided by a positive rise in engineering goods (25.32 per cent), petroleum products (25.15 per cent), gems & jewellery (2.38 per cent), organic & inorganic chemicals (31.36 per cent), and drugs & pharmaceuticals (6.95 per cent). Read More »