Wednesday, 19 September 2018
Latest news
Home » Economy

Economy

RBS to shut 162 branches with nearly 800 job losses

perth_map

The move follows a trend with rival lenders Lloyds Bank announcing 49 branch closures last month, following on from closures it announced in November, while Barclays revealed closures in September. This was later acquired by RBS and amalgamated with other acquired networks to form Williams & Glyn's Bank in 1970. The Edinburgh-based bank said in a statement that the job losses were a result of a deal made with the European Union past year that meant the bank did not have to sell off 300 ... Read More »

Archer-Daniels-Midland (NYSE:ADM) posts 1Q18 numbers; Tops Estimate

Archer-Daniels-Midland Company (NYSE: ADM ) has declined 5.47% since May 1, 2017 and is downtrending. Over the last full year, the stock price has gained 0.59%. State Farm Mutual Automobile Insurance Co owns 56.29 million shares or 2.84% of their USA portfolio. Brinker Capital reported 0.2% stake. Guggenheim Ltd Com holds 59,729 shares. Read More »

Danaher's (NYSE:DHR) "Buy" Rating Reiterated at Robert W. Baird

Bancorp (NYSE:USB) on Friday , February 23. DANIEL WILLIAM K also sold $13.37M worth of Danaher Corporation (NYSE: DHR ) shs. It has outperformed by 1.48% the S&P500. Tiaa Cref Inv Management Ltd Com accumulated 125,586 shares. Cibc Asset has invested 0.01% in W.W. Grainger, Inc. (NASDAQ:NFLX). Wesbanco Bancorporation invested in 2,330 shares. Read More »

$1.80 EPS Expected for IPG Photonics (IPGP) This Quarter

Xcerra Corporation (NASDAQ:XCRA) has risen 27.12% since April 30, 2017 and is uptrending. It has underperformed by 11.55% the S&P500. Therefore 64% are positive. Motley Fool Wealth Management Ltd Liability Co has invested 3.2% in IPG Photonics Corporation (NASDAQ:IPGP). IPG Photonics Corporation develops and makes a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications, primarily in materials processing worldwide.The firm is valued at $11.41 ... Read More »

IShares US Medical Devices ETF (IHI) Rises 0.51% for May 1

perth_map

The YTD, 1 year, 3 year performance of iShares Russell 2000 Value ETF are: -2.75%, 5.04% and 7.76%. This year's performance is 0.09% while the performance of this quarter's -0.17%. The C-Score is calculated by a variety of items, including a growing difference in net income verse cash flow, increasing days outstanding, growing days sales of inventory, increasing assets to sales, declines in depreciation, and high total asset growth. Read More »

Mobile Earnings Beat, Raises Profit Forecast

It has underperformed by 55.34% the S&P500. Maverick Capital Ltd. now owns 3,349,036 shares of the Wireless communications provider's stock worth $212,697,000 after buying an additional 1,699,036 shares in the last quarter. Swiss Natl Bank accumulated 1.14M shares. (NASDAQ:TMUS). Shelton Mgmt has 0.41% invested in T-Mobile US, Inc. T-Mobile US (TMUS), which announced Sunday it will merge with Sprint (S) in a $146 billion all-stock deal, this afternoon reportedQ1 revenue and profit that ... Read More »

Sinking factory growth raises fears for economy

perth_map

Even before Friday's weak growth figures, BoE Governor Mark Carney had said economic data had been mixed and suggested the BoE might wait rather than raise rates to a new post-financial-crisis high of 0.75 percent on May 10. For the first time since January, the headline PMI figure increased and thereby signaled a stronger rate of growth in the sector. There was more disappointing economic data from the Bank of England on Tuesday, as consumer borrowing slowed in March to its lowest since ... Read More »

Snap Inc Stock: Higher or Lower After Earnings?

perth_map

Additionally, average revenue per user (ARPU) was $1.21, up 34% from the prior-year quarter but down 21% sequentially. On a GAAP basis the company posted a net loss of $0.30 per share or $385.79 million compared with GAAP net loss of $2.21 billion in the first quarter of past year. Read More »

Discovery, Inc. (DISCA) EPS Estimated At $0.53

Analysts forecast $0.53 earnings per share, which is $0.12 up or 29.27 % from 2017's $0.41 earnings per share. About 3.67M shares traded. Discovery (NASDAQ:DISCA) last announced its quarterly earnings data on Tuesday, February 27th. Moreover, Putnam Investments Ltd has 0.07% invested in Discovery, Inc . Cqs Cayman L P accumulated 1.94M shs. Carroll Financial Assocs holds 0% or 177 shares. Read More »

Weekly Investment Analysts' Ratings Updates for HollyFrontier (HFC)

These funds own 144.13 million shares, that's up from 143.35 million shares in 2017Q3. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in HollyFrontier by 7.1% during the 4th quarter. State Treasurer State Of Michigan accumulated 0.03% or 63,690 shs. Aqr Llc holds 0.07% or 1.38 million shs in its capital. JPMorgan Chase raised their price objective on HollyFrontier from $46.00 to $48.00 and gave the stock an "underweight" rating in a research note on Monday, April 9th. Read More »

Extremely Traded Stocks Anadarko Petroleum Corporation's (APC)

Sales growth past 5 years was measured at -3.90%.The Company has 513.64 million shares outstanding and 513.40 million shares were floated in market. The stock decreased 1.04% or $1.25 during the last trading session, reaching $119.15. The shares of the company (APC) staged the smart recovery as has roared back some 68.47% after stumbling to its new 52-weeks low. Putnam Invests Lc holds 0.28% or 2.32M shares. Read More »

Tractor Supply's (TSCO) "Buy" Rating Reiterated at Guggenheim

Shares of NASDAQ:TSCO traded up $1.77 during trading on Friday, reaching $68.43. Many market traders also use moving averages to determine profitable entry and exit points into specific securities. Baird. The firm has "Hold" rating given on Friday, September 29 by Piper Jaffray. Credit Suisse has "Outperform" rating and $96 target. Stephens maintained it with "Hold" rating and $7000 target in Tuesday, April 17 report. Read More »

How Does the Fundamental Picture Look for PepsiCo, Inc. (PEP)?

The stock decreased 1.95% or $1.97 during the last trading session, reaching $98.97. About 3.98M shares traded. PepsiCo, Inc . (NYSE: PEP ) has declined 3.75% since April 29, 2017 and is downtrending. 231.12 million shares or 0.22% more from 230.60 million shares in 2017Q3 were reported. Finally, BlackRock Institutional Trust Company N.A. increased its stake in PepsiCo by 0.8% in the first quarter. Read More »

$5.52 EPS Expected for FedEx (FDX) This Quarter

The stock decreased 1.46% or $0.42 during the last trading session, reaching $28.31. About 5,498 shares traded. Celgene Corporation (NASDAQ:CELG) has declined 31.28% since April 29, 2017 and is downtrending. (NYSE:V) rating on Thursday, January 4. CLSA maintained it with "Outperform" rating and $890 target in Friday, July 29 report. On Wednesday, December 20 the firm has "Buy" rating given by Robert W. Read More »

Gibson Guitars Files For Bankruptcy Protection

perth_map

But there's still hope for a comeback tour. Nashville, Tenn. -based Gibson Brands requested court protection from its creditors, saying it had support from many of them for a deal that would allow the company to survive. Juszkiewicz holds a 36 percent stake in the company, which now needs the approval of a federal judge to jettison its debt. The petition estimated up to $500 million in debt, and the lenders have agreed to an operating, or "debtor in possession", loan of up to $135 million ... Read More »

IHH Healthcare sweetens takeover bid for Fortis yet again

perth_map

FHL had also received an unsolicited non-binding expression of interest from Fosun Health Holdings, an arm of Fosun International, with a proposal of primary infusion at a price up to Rs 156 per share up to a total investment of United States dollars 350 million (over Rs 2,295 crore). Read More »

Microsoft (MSFT) Given New $100.00 Price Target at Citigroup

perth_map

About 132,838 shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since May 1, 2017 and is uptrending. It has underperformed by 34.36% the S&P500. Duquesne Family Office Llc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $720.95 billion market cap company. Read More »

WisdomTree Investments, Inc. (WETF): Do You Have This Stock in Portfolio?

ETRADE Capital Management LLC acquired a new position in shares of WisdomTree Investments during the 4th quarter valued at $214,000. This piece of financial article provides a short snap of Lattice Semiconductor Corporation (LSCC ) regarding latest trading session and presents some other indicators that can help you to support yours research about Lattice Semiconductor Corporation (LSCC ). Read More »

Kinder Morgan Management (NYSE:KMR) Gains Daily Media Sentiment Rating of 0.22

perth_map

Kinder Morgan, Inc . has volume of 14.20M shares. Rockefeller Financial Ser holds 1.03% or 3.61M shares in its portfolio. Kinder Morgan, Inc . (NYSE: KMI ) has declined 28.25% since April 30, 2017 and is downtrending. Godsey And Gibb holds 0.06% or 18,398 shares in its portfolio. (NYSE:HON). 12,420 were reported by Bessemer Gru. Logan Capital Management holds 26,436 shares or 0.12% of its portfolio. Read More »

Walmart (WMT) Shares Bought by Segall Bryant & Hamill LLC

The institutional investor held 4,680 shares of the health care company at the end of 2017Q4, valued at $117,000, down from 64,700 at the end of the previous reported quarter. Among 38 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating , 0 Sell and 21 Hold. Therefore 55% are positive. Wal-Mart Stores Inc had 154 analyst reports since August 14, 2015 according to SRatingsIntel. Read More »

Newmont Mining Corp (NEM) Seeing SMI Heading Deep into Negative Territory

Fruth Invest reported 28,126 shares. Van Eck Associates Corp decreased its stake by 11.47% in Newmont Mining Corp (NEM), according to 2017Q4 Securities and Exchange filling. Deutsche Bank has "Hold" rating and $41 target. On Monday , April 2 Dorward-King Elaine J sold $117,994 worth of Newmont Mining Corporation (NYSE:NEM) or 3,000 shares. Read More »

Occidental Petroleum Corporation (OXY) Just Reaches 52-Week High?

Cwm Llc who had been investing in Occidental Pete Corp Del for a number of months, seems to be less bullish one the $58.99B market cap company. The stock appeared $78.09 above its 52-week highs and is up 0.03% for the last five trades. Investors sentiment increased to 1.33 in 2017 Q4. Its up 0.04, from 0.84 in 2017Q3. Investors who are keeping close eye on the stock of Occidental Petroleum Corporation (NYSE:OXY) established that the company was able to keep return on investment at 2.65 in ... Read More »

Stock Performance to Track: Caterpillar Inc. (CAT)

perth_map

Northstar Gp holds 0.23% of its portfolio in Caterpillar Inc. CAT outperformed by 49.08% the S&P500. Aegis Financial Corp increased its stake in Fly Leasing Ltd (FLY) by 34.68% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:CAT). Mitchell Mcleod Pugh & Williams has 1.52% invested in Caterpillar Inc. Raymond James Trust Na holds 13,701 shares. After $-0.37 actual EPS reported by PlayAGS, Inc. Read More »

Car Sales April 2018: Automaker Start FY 2019 With Double-Digit Growth

perth_map

MSI said sales of mid-sized sedan Ciaz declined by 27.2 per cent to 5,116 units during the month. Mahindra & Mahindra reported a 19.34 per cent increase in its sales in the domestic market at 45,217 units last month. MSI said, sales of the compact segment comprising Swift, Estilo, Dzire and Baleno jumped by 31.8 percent to 83,834 units last month as against 63,584 units in the year-ago month. Read More »