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Vedanta wins NCLT nod for Electrosteel takeover

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The resolution plan, which was approved by a 100 per cent vote by the committee of creditors (CoC), will come into force with immediate effect, according to the NCLT order. The reason for this would be the significant equity dilution of Electrosteel Steels shareholders under Vedanta's resolution plan. It had claimed that Vedanta Resources Plc, holding company of Vedanta, had pleaded guilty to charges against its Konkola Copper Mines for violating violated pollution norms in Zambia back in ... Read More »

Takeda sweetens $60 billion Shire pitch as rival bows out

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Early Friday, Takeda said it would pay 47 pounds per share, about $66, to buy Shire , upping its bid from 46.50 pounds, or roughly $65.30, earlier in the month. A completed deal would be the biggest by a Japanese company of an overseas target, and the combined revenue would place Takeda among the top 10 global pharmaceutical giants. Read More »

On April, 26 The EPS for Baidu, Inc. (BIDU) Expected At $1.31

BIDU outperformed the S&P 500 by 25.17%. Hightower Advisors Llc increased its stake in Centurylink Inc (CTL) by 167.47% based on its latest 2017Q4 regulatory filing with the SEC. ( NASDAQ :BIDU) earned "Outperform" rating by Oppenheimer. On Wednesday, February 14 the firm has "Hold" rating by Jefferies given. Winslow Evans & Crocker Inc, which manages about $600.60M and $311.16 billion US Long portfolio, decreased its stake in Toyota Motor Corp (NYSE:TM) by 316 shares to 626 shares, ... Read More »

Analysts See $0.38 EPS for Schlumberger Limited (SLB) on April, 20

About 1.94M shares traded. The stock of Schlumberger Limited (NYSE: SLB ) earned "Hold" rating by Societe Generale on Thursday, April 28. The stock underperformed the S&P 500 by 27.83%. Its down 0.22, from 0.88 in 2017Q3. It worsened, as 90 investors sold SLB shares while 672 reduced holdings. Other hedge funds and other institutional investors have also made changes to their positions in the company. Read More »

Johnson & Johnson (JNJ) Stock Rating Reaffirmed by Wells Fargo

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Putnam Investments Llc sold 42,618 shares as the company's stock rose 4.93% while stock markets declined. Wespac Advisors Llc sold 2,831 shares as the company's stock declined 9.21% with the market. The Price Range of Johnson & Johnson (NYSE: JNJ ) over the past 52 weeks is 0.862000. Pictet North America Advsrs Sa has 4,386 shares. Natl Mutual Insur Federation Of Agricultural Cooperatives reported 0.08% stake. Read More »

Liberty Global plc (LBTYK) stock returned -11.20% negative Quarterly performance

Liberty Global plc is a part of Services sector and belongs to CATV Systems industry. Historical Performance Review: To understand the smudge picture investors will must to look a little deeper. The stock has seen its SMA50 which is now 7.43%. The company's net profit margin is 14.6 percent. Comparatively, the gazes have a Gross margin 12.9 percent. Read More »

British American Tobacco plc (BTI) - Analyst rating score stands at 1.00

The stock has "Hold" rating by BMO Capital Markets on Monday, June 26. Institutional investors now hold around $10.75 billion or 9.1% in BTI stock . 36,079 shares valued at $12.17M were sold by Smith Gregory D on Thursday, February 8. Finally, Credit Suisse Group reiterated an "outperform" rating and set a GBX 5,800 ($83.05) price target on shares of British American Tobacco in a report on Wednesday, March 28th. Read More »

On Southwest flight, confusion and distraction as oxygen masks dropped

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Airlines across the US will feel the effect of whatever AD is put into place regarding the inspection of the CFM engines. The frightening and tragic accident on a Southwest Airlines flight on Tuesday, in which one passenger died , is an uncomfortable reminder to always pay attention to those pre-flight safety instructions. Read More »

Procter & Gamble Q3 Core EPS Up 4%; Organic Sales Up 1%

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The Oxbow Advisors Llc holds 13,337 shares with $1.23 million value, down from 27,059 last quarter. (NYSE:GS) has risen 9.66% since April 20, 2017 and is uptrending. The stock of Red Hat, Inc . The firm has "Buy" rating by Jefferies given on Tuesday, October 3. Nomura Inc reported 0.27% stake. (NYSE:GS) on Tuesday, November 29 to "Neutral" rating. Read More »

Gilead Sciences (GILD) Cut to Sell at Zacks Investment Research

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Elsewhere in corporate news, Merck shares popped 2.59 percent after the company said its cancer-treatment drug Keytruda reduced the risk of death in a trial by 51 percent when combined with chemotherapies, as compared to chemo alone. (NASDAQ: GILD ) for 9,113 shares. Mastrapasqua Asset Mgmt invested in 91,169 shares or 1.32% of the stock. Sg Americas Limited Com owns 0.09% invested in Gilead Sciences, Inc . Read More »

Why Investors remained confident on Western Digital Corporation (WDC), Sysco Corporation (SYY)?

Shellback Capital Lp decreased its stake in Lululemon Athletica Inc (LULU) by 9.26% based on its latest 2017Q4 regulatory filing with the SEC. The company has market cap of $51.93 million. RBC Capital Markets maintained Western Digital Corporation ( NASDAQ : WDC ) rating on Sunday, April 1. On Thursday, October 26 the firm earned "Hold" rating by KeyBanc Capital Markets. Read More »

Southwest passengers receive checks after deadly accident

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Representatives for Southwest didn't respond to a request for comment. The frightening and tragic accident on a Southwest Airlines flight on Tuesday, in which one passenger died , is an uncomfortable reminder to always pay attention to those pre-flight safety instructions. Read More »

Heinz (NASDAQ:KHC) Price Target Cut to $85.00

Volume represents the interest in the trading activity of said shares. Take a review on its volatility measure, 2.14% volatility was seen in a month and for the week it was observed at 1.81%. Range and volatility are fundamental concepts in technical analysis and true range comes up frequently, not only as a concept but also as the underlying calculation, in more complex indicators. Read More »

Debenhams profits slump 85% after being bitten by 'beast from the east'

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With a disappointing Christmas season leading to an increase in competitor discounting, the group's gross margin rate fell by 160 basis points after the clearing of Gift ranges and management of seasonal stock. We approach the remainder of the year mindful of the very challenging market conditions, but with confidence that we have a strong team and the right plan to navigate them and return Debenhams to profitablegrowth'. Read More »

Delta Air Lines (DAL) Lifted to "Strong-Buy" at ValuEngine

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Foster & Motley Inc bought 6,165 shares as the company's stock declined 3.16% with the market. The institutional investor held 74,825 shares of the transportation company at the end of 2017Q4, valued at $4.19M, down from 82,604 at the end of the previous reported quarter. Read More »

AT&T chief reveals plans for new streaming service -- in court

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Stephenson's testimony caps off AT&T's defense of its $85 billion deal to acquire Time Warner in the government's landmark antitrust case to block the deal. - AT&T hopes to deliver highly engaging video content to mobile devices, bringing more advertising opportunities as well as the use of AT&T's core asset, its wireless network. Read More »

Porsche's Powertrain Development Boss Arrested Over Dieselgate

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He has not been charged and is being held in preventative custody because there is a risk of flight. In a statement issued Friday on the accusations being leveled at Porsche and its employees relating to the installation of so-called defeat devices in various diesel models, including the Macan and Cayenne, Porsche Chairman Oliver Blume says: "Porsche does not develop or produce any diesel engines or diesel software". Read More »

PM at Commonwealth bats for developmental assistance to small states

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Indian External Ministry spokesperson Raveesh Kumar tweeted following Modi's meeting with his Australian counterpart Malcolm Turnbull. "Shared vision common dreams!" Prime Minister Narendra Modi urged the Commonwealth to put sustainable development and climate change, particularly of small island states, at the heart of its agenda, as India announced an increased funding for various Commonwealth initiatives and sought to take a leadership role in a renewed group. Read More »

Cypress Wealth Advisors LLC Lifted Holding in Exxon Mobil Co. (XOM)

The company has market cap of $9.13 billion. The stock increased 0.38% or $0.12 during the last trading session, reaching $31.81. About 40,024 shares traded. Therefore 36% are positive. 19 are the (NYSE: XOM)'s analyst reports since October 24, 2017 according to StockzIntelligence Inc. Jefferies maintained Bank of America Corporation (NYSE:BAC) rating on Tuesday, June 6. Read More »

Patterson-UTI Energy, Inc. (PTEN) stock returned -15.04% negative Quarterly performance

Patterson-UTI Energy, Inc.'s beta is 1.25 whilst the stock has an average true range ( ATR ) of 0.71. The stock decreased 2.12% or $0.43 during the last trading session, reaching $19.87. Newfocus Fincl Gp Ltd Liability reported 30,618 shares. ( NASDAQ :ANSS) for 2,615 shares. Washington-based Parametric Portfolio Assocs Lc has invested 0% in New Media Investment Group Inc. Read More »

U.S. appeals court says OH can not block Planned Parenthood funds

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Planned Parenthood of Greater Ohio and Planned Parenthood of Southwest Ohio Region, which does not use public money for abortion services, sued a few months after Gov. The Indy Star reports a panel of the Seventh Circuit Court of Appeals agreed Thursday with a lower court decision to block the 2016 law. OH also recently enacted a similar ban which is now being challenged by the ACLU and Planned Parenthood. Read More »

Lyrid meteor shower to be highlight of CCCC star party

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The Lyrid meteor shower will be the highlight of the Cloud County Community College April star party scheduled for 8-10 p.m. Saturday at the Earl Bane Observatory. It will be easy to watch the Lyrid meteor shower because the Lyrid meteor shower displays quite bright meteors and, although recommended for better viewing, won't require using binoculars or a telescope. Read More »

Recommendation Trends: Kimberly-Clark Corporation (KMB)

Fmr Ltd Company has 0.05% invested in Kimberly-Clark Corporation (NYSE:KMB). The stock decreased 3.09% or $3.29 during the last trading session, reaching $103.24. Smithbridge Asset Mgmt De accumulated 9,815 shares or 0.75% of the stock. Clinton Grp owns 44,161 shares for 0.18% of their portfolio. Barclays set a $119.00 price target on shares of Kimberly-Clark and gave the stock a hold rating in a research report on Thursday, March 15th. Read More »

IPL: Chris Gayle hammers the first century of the season

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Otherwise, Sehwag only asked Gayle and the other batsmen to play with freedom. Pacer Bhuvaneshwar Kumar got rid of Nair in the 18th over but Gayle continued to hammer every Hyderabad bowler. Punjab scored 193/3 after electing to bat. It (bowling all pace in powerplay) was a good wicket . The IPL t20 match of SRH vs KXIP will start at 8 pm IST on Thursday . Read More »

Users can withdraw up to Rs 2000 from PoS devices sans charge

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The first glimpse of that crisis was seen with the collapse of the real estate business in the country due to the cash crunch and thousands of small businesses had to shut down. The low cash velocity, officials said, is also triggered by less supply of currency notes of lower denomination. For the retailers, it has the effect of depositing cash into their accounts without having to visit the branch. Read More »

Volume: A Tool to Project Future Performance: NIKE Inc (NYSE: NKE)

The TJX Companies, Inc. Nike ( NYSE : NKE ) last announced its quarterly earnings results on Thursday, March 22nd. It has underperformed by 3.07% the S&P500. OTR Global raised shares of Nike to a "positive" rating in a research report on Monday, December 11th. On Thursday, October 26 the firm has "Hold" rating by Cowen & Co given. Read More »

Warm End To Week. Rain Returns Sunday

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Looking ahead, skies will remain clear tonight as cool, dry air continues to flow into the state. Friday: After the front passes, slightly cooler temperatures are expected to finish the work week. For more weather news and information from James Spann and his team, visit AlabamaWx . There is still conflicting data as to when our next storm system moves in. Read More »