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EXTRA: Worldpay Seals GBP9.30 Billion Merger With Vantiv (ALLISS)

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Vantiv the USA based payment card processing company moved nearer to the creation of a global payments behemoth of $29 billion Wednesday with its official offer to acquire Worldpay , based in Britain, for £8 billion or $10 billion. Vantiv will also seek a secondary listing for its new shares on the London Stock Exchange . Vantiv CEO Charles Drucker will lead the combined company as executive chairman and co-CEO. Read More »

Krispy Kreme explores the dark side of chocolate for historic solar eclipse

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Customers can even watch as the chocolate glaze is waterfalled onto doughnuts in-store during the promotion. The doughnuts will have a much longer life span of three days. 19 and Sunday, Aug. 20. This is will be the first time it has changed its original glazed donut. Each San Diego location confirmed to 10News they will be participating in the promotion. Read More »

Kraft Heinz lifts the lid on Oprah soups and sides collaboration

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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. She said she wanted to make "nutritious comfort foods more accessible to everyone". Earlier this month, the company reported net sales of $6.7 billion - down 1.7% on the same period past year, and the third successive quarter in which Kraft Heinz has recorded a drop in revenue. Read More »

Six soldiers injured in incident involving vehicle in Paris suburb

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When the officers encountered a man who is thought to be the suspect, police opened fire on the man before taking him into custody. Police confirmed they have made one arrest after six soldiers were injured when a BMW ploughed in to them close to military barracks in a Levallois-Perret suburb, north west of the French capital. Read More »

Canada military builds refugee camp for refugees from US

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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. Immigration Canada said the number of asylum seekers crossing illegally near the Saint-Bernard-de-Lacolle border crossing has quadrupled in the past two weeks from about 50 a day to 200 a day. Read More »

JC Penney Company Inc

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On the other hand the company has Relative Strength Index (RSI 14) of 61.28 along with Average True Range (ATR 14) of 0.2, Consequently J.C. Penney Company Inc (NYSE: JCP)'s weekly and monthly volatility is 4.24%, 3.96% respectively. Holding also saw unusually large options trading on Monday. You can see the complete list of today's Zacks #1 Rank stocks here . This is an increase of 803% compared to the average daily volume of 5,301 put options. Read More »

CVS Revenue Rises In Q2

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Sussman Andrew also sold $1.13M worth of CVS Health Corp (NYSE:CVS) shares. Perigon Wealth Management LLC increased its stake in CVS Health Corporation by 8.1% in the fourth quarter. The business also recently announced a quarterly dividend, which was paid on Thursday, August 3rd. Shareholders of record on Monday, July 24th were given a dividend of $0.50 per share. Read More »

Uber to stop leasing cars to its drivers

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Uber plans to shutter Xchange Leasing , its United States subprime auto leasing operation, the Wall Street Journals reports . The Xchange Leasing division had been estimating modest losses of around $500 per auto on average, these people said. Read More »

Ralph Lauren Corporation (RL) to Release Earnings on Tuesday

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Teachers Retirement Of The State Of Kentucky has invested 0.01% in Ralph Lauren Corp (NYSE:RL). It has underperformed by 38.99% the S&P500. Its price to sales ratio of 0.93 ranks lower than the industry's 2.85. 2,329 are owned by Northwestern Mutual Wealth. Barrow Hanley Mewhinney Strauss Limited Liability Co reported 1.19M shares. The Georgia-based Ridgeworth Cap Lc has invested 0.56% in Ralph Lauren Corp (NYSE:RL). Read More »

US Market Indexes Lower With Geopolitical Concerns

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The 30-stock index rose about 25 points with a lift from Boeing, which contributed most of the gains. Nasdaq 100 e-minis were up 7.25 points, or 0.12 percent, on volume of 16,846 contracts. In other energy futures trading, wholesale gasoline dipped 1 cent to $1.62 a gallon. "There's no reason to be a seller yet and there's no reason to be a buyer at these levels as earnings season winds down and you don't have much in the way of economic news this week", said Robert Pavlik, chief market ... Read More »

China trade disappoints with imports and exports both slowing in July

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US President Donald Trump is believed to be close to a decision on how to respond to what he considers China's unfair trade practices, as Washington prepares to launch an inquiry into Beijing's intellectual property and trade policies. The increase, twice what the market expected, marked the longest gaining streak since June 2014. The China data, described as disappointing, came one day after Fitch, the ratings agency, upgraded an outlook for the world economy for 2017 and 2018, citing ... Read More »

ASEAN, China agree on disputed sea framework

After their own day of meetings on Saturday, ASEAN foreign ministers released a joint statement expressing "grave concerns" over the North's first two intercontinental ballistic missile tests that were conducted last month. The diplomat says the South China Sea may be settled faster and will likely not carry sensitive issues that China objects to because the ministers are aware of Beijing's crucial economic and trade relations with ASEAN member states. Read More »

Liberty Broadband Corporation (NASDAQ:LBRDA) Receives Daily Coverage Optimism Score of 0.03

The stock of Liberty Sirius XM Group (NASDAQ: LSXMA ) has "Buy" rating given on Tuesday, May 30 by FBR Capital. On Monday, August 7 the stock rating was maintained by Citigroup with "Neutral". The sale was disclosed in a filing with the SEC, which is available through this hyperlink . The shares were sold at an average price of $88.62, for a total transaction of $505,134.00. Read More »

Michael Kors Holdings Limited (NYSE:KORS) Updates FY18 Earnings Guidance

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Bragg Advsrs has 17,600 shares for 0.06% of their portfolio. Michael Kors Holdings Limited had a return on equity of 41.00% and a net margin of 12.38%. As per Tuesday, August 11, the company rating was maintained by Oppenheimer. On 9/2/2016 Lee S Sporn, SVP, sold 26,341 with an average share price of $50.02 per share and the total transaction amounting to $1,317,576.82. Read More »

Didi adds another piece to its global jigsaw with Careem tie-up

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Founded in Dubai in July 2012, Careem serves more than 12 million customers and connects with 250,000 drivers on its platform in more than 80 cities across 13 countries. " Taxify will utilize this partnership to solidify our position in core markets in Europe and Africa", said Markus Villig, founder and CEO of Taxify . Read More »

Bitcoin price exceeds $3500, as investor confidence grows

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The cryptocurrency guru recently launched his eBook in the Cryptocurrency series titled, "Cryptocurrency for beginners" that explicitly explains the intricacies of yet to be full tapped potentials in the Bitcoin market. Plus, the people that were actively trying to stop development on Bitcoin and centralise it, will now have their own chain to do whatever they want with it. Read More »

New UBS report reveals pilotless aircraft could save airlines $35bn a year

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Flyers may get a big discount off their flight tickets in the future, but there's a catch - no pilot. There could be enormous cost savings for airlines, and perhaps consumers. The 25-to-34-year-old age group surveyed was the most enthusiastic about the idea, but 54 percent overall said they would be unlikely to fly without a pilot. Read More »

Coca Cola Co (NYSE:KO) Institutional Investors Sentiment

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It has outperformed by 87.21% the S&P500. Kelly Lawrence W & Associates Inc decreased Coca Cola Co (KO) stake by 34.9% reported in 2016Q4 SEC filing. Therefore 79% are positive. The stock is expected to report revenue as high as $9.17 Billion and as low as $8.25 Billion per share. The stock presently has a consensus rating of Hold and an average target price of $43.57. Read More »

$0.47 EPS Expected for Avis Budget Group Inc. (CAR)

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For the quarter, shares have been noted at 28.06%. Carroll Associate, a North Carolina-based fund reported 70 shares. David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. Therefore 25% are positive. Avis Budget Group (NASDAQ: CAR ) last issued its quarterly earnings results on Monday, August 7th. The company was maintained on Monday, November 16 by Barclays Capital. Read More »

Chemring Group plc 13.7% Potential Upside Indicated by Liberum Capital

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The Firm processes and sells commodity yarns, specialized yarns and premier value-added yarns. The company operates through four segments: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding & Identity, Healthcare and Specialist Communications. Read More »

Plains Group Holdings, LP Cla (PAGP) Hits New 52-Week High

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The company is now down since yesterday's close of $25.2. Plains Group Holdings, L.P. Cla also recently announced a dividend that will be paid on Mon Aug 14, 2017. On August 8, 2017 the stock rating was set at "Neutral" by Baird down from the previous "Neutral" rating. (NYSE:CNK) has "Buy" rating given on Monday, October 5 by Topeka Capital Markets. Read More »

MyoKardia transforms inherited heart disease symptoms in mid-stage trial

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Several other research firms have also recently weighed in on MYOK . Finally, Zacks Investment Research lowered MyoKardia from a "hold" rating to a "sell" rating in a research report on Thursday, May 11th. From another technical standpoint, MyoKardia, Inc . Analysts expect Intel Corporation (NASDAQ:INTC) to report $ 0.80 EPS and has got OUTPERFORM rating from 15 of Thomson Reuters analysts and 5 analyst (s) given UNDERPERFORM rating. Read More »

Commonwealth Bank executive bonuses cut after money laundering claims

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CBA's board also briefly addressed speculation that Narev's days are numbered: "Mr. Narev retains the full confidence of the board", Livingstone said, without elaborating. It alleged that the bank had committed nearly 54,000 breaches of the law by failing to report suspicious transactions on time. The bank's board received a first "strike" from shareholders angry about executive pay levels at its 2016 AGM and is now at risk of a second strike - and subsequent board spill vote - at this ... Read More »

Disney to leave Netflix to start its own streaming service

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Walt Disney Company (The) accounts for about 2.2% of First Houston Capital Inc.'s investment portfolio, making the stock its 20th largest position. Guggenheim reissued a "buy" rating and set a $128.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, April 11th. Read More »

Valeant Pharmaceuticals International, Inc. (NYSE:VRX) Short Interest Down 23.9% in June

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Pershing Square Capital Mgmt LP accumulated 18.11 million shares. Raymond James Financial Services Advsr reported 25,695 shares. Its Average True Range (ATR) value figured out at 0.31. The company's 50-day moving average is $16.16 and its 200 day moving average is $13.34. BTIG Research reiterated a "neutral" rating on shares of Valeant Pharmaceuticals Intl in a research report on Wednesday, May 10th. Read More »

Contaminated eggs sold by Aldi in Luxembourg

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There is evidence to suggest that a Belgian manufacturer may have illegally added fipronil to a detergent and sold the mixture to poultry farms in the three countries. The watchdog said the threat to public health was " very low " and that the number of eggs involved represents about 0.0001 per cent of the eggs imported into the United Kingdom each year. Read More »