Finance

Acacia Mining PLC (ACA) Receives Reduce Rating from Peel Hunt

Acacia Mining PLC (ACA) Receives Reduce Rating from Peel Hunt The company now has a consensus rating of Hold and an average price target of GBX 393.75 ($5.13). This was shown in an analyst note on 24 July. Finally, Shore Capital restated a "not rated" rating on shares of Acacia Mining PLC in a report on Friday, March 24th. [Full Article...]

Activist investor urges sale of Barnes & Noble

Activist investor urges sale of Barnes & Noble The value of the position overall is up by 450.0%. Nisa Investment Advisors, LLC bolstered its ownership by buying 850 shares an increase of 425.0% in the quarter. Barnes & Noble Education Inc has PE ratio of 67.09 with a one year low of $7.13 and a one year high of $13.15 and has a market capitalization of $0. [Full Article...]

Comerica Securities Inc. Sells 134545 Shares of Ford Motor Company (F)

Comerica Securities Inc. Sells 134545 Shares of Ford Motor Company (F) Pekin Singer Strauss Asset Management IL increased its stake in General Motors by 3.1% in the fourth quarter. Finally, SRS Capital Advisors Inc. increased its stake in shares of General Motors by 171.9% in the first quarter. If you are reading this article on another site, it was illegally stolen and reposted in violation of USA and worldwide copyright legislation. The legal version of this st... [Full Article...]

Greece announces new bond issue ending three-year market exile

Greece announces new bond issue ending three-year market exile Greece is about to launch itself back on private borrowing markets, selling a five-year bond to replace existing debt. Standard & Poor's rating agency last week upgraded its valuation of Greek government debt to "positive". Was it too tough? In a sign that the country is turning a corner the economy is projected to grow by 2.1 percent this year - after no growth at all in 2016. [Full Article...]

Caterpillar, Inc. (NYSE:CAT) Shares Sold by Nicholas Hoffman & Company LLC

Caterpillar, Inc. (NYSE:CAT) Shares Sold by Nicholas Hoffman & Company LLC Ahl Prtn Ltd Liability Partnership has invested 0.07% in Pfizer Inc. Beech Hill Advisors Inc holds 2,840 shares or 0.16% of its portfolio. 68,618 are owned by Perkins Coie Tru. Pfizer Inc. (NYSE:PFE) has declined 2.76% since July 24, 2016 and is downtrending. Investors sentiment decreased to 0.84 in Q4 2016. Its down 0.05, from 1.18 in 2016Q3. [Full Article...]

Michael Kors takes over shoemaker Jimmy Choo

Michael Kors takes over shoemaker Jimmy Choo After the transaction, Jimmy Choo will operate under its existing management team within the Michael Kors organization, the companies said. "A combination with Michael Kors will allow Jimmy Choo to embark on its next phase of growth and provide opportunities for the benefit of Jimmy Choo customers, employees, shareholders and other stakeholders", added the British firm's chairman Peter... [Full Article...]

Snopes is in danger of shuttering and needs our help

Snopes is in danger of shuttering and needs our help A new savesnopes site says Snopes is in dispute with a company that "will not relinquish the site's hosting to our control, so we can not modify the site, develop it, or - most crucially - place advertising on it". In summary, today's post only confirms Proper Media's allegations that Mr. Mikkelson has drained the company's bank accounts and is unable to operate Snopes profitably without Pro... [Full Article...]

Suzuki to reveal third-gen Swift Sport at Frankfurt Motor Show

Suzuki to reveal third-gen Swift Sport at Frankfurt Motor Show We'll have to wait until the Frankfurt Motor Show to find out just what the new Swift Sport's specifications will look like. A front and rear splitter, new rear bumper, side sills, lip spoiler and dual exhausts have been added to the auto to enhance the vehicle's appearance. [Full Article...]

Glencore PLC (GLEN) Rating Reiterated by Liberum Capital

Glencore PLC (GLEN) Rating Reiterated by Liberum Capital Baird on Tuesday, May 3 to "Neutral". The rating was maintained by JP Morgan on Thursday, January 5 with "Overweight". The rating was maintained by Peel Hunt on Tuesday, April 25 with "Add". The company has market cap of $689.58 million. It has a 22.14 P/E ratio. It supplies a range of non-food products to a range of market sectors. Reckitt Benckiser Group Plc (LON:RB) announced a dividend on ... [Full Article...]

Barclays Initiates Coverage on Blue Apron Holdings (APRN). What May be Next?

Barclays Initiates Coverage on Blue Apron Holdings (APRN). What May be Next? Royal Bank Of Canada assumed coverage on Blue Apron Holdings in a report on Monday. Goldman's Heath Terry starts the stock at a Buy, with an $11 price target, writes that the company faces the "hyper-competition typical of early stage, fast-growing consumer internet opportunities". [Full Article...]

Halliburton's stock rallies after profit, revenue beat expectations

Halliburton's stock rallies after profit, revenue beat expectations Among 36 analysts covering Halliburton Company (NYSE: HAL ), 32 have Buy rating, 0 Sell and 4 Hold. Wealthfront Inc. raised its stake in Halliburton by 21.1% in the fourth quarter. The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 27th. Investors of record on Wednesday, September 6th will be given a $0.18 dividend. [Full Article...]

Tech company plans to place microchips in employees

Tech company plans to place microchips in employees Three Square Market creates software for markets or break rooms found in many office parks. The chips will be implanted between an employee's thumb and forefinger underneath the skin, in a process that only takes seconds, the release noted. [Full Article...]

Schumer: Democrats 'The Party on the Side of Working People'

Schumer: Democrats 'The Party on the Side of Working People' Trump referenced Schumer on Twitter Monday morning, writing: "After 1 year of investigation with Zero evidence being found, Chuck Schumer just stated that 'Democrats should blame ourselves, not Russian Federation'". While Democrats only need a net gain of three seats, they're also defending 25 seats, 10 of which are in states that Trump won. The Democrats are launching a new campaign hoping to r... [Full Article...]

Three types of Bush's Baked Beans recalled for possible contamination

Three types of Bush's Baked Beans recalled for possible contamination Bush Baked Beans is voluntarily recalling three types of beans because the side seams on the cans may be defective. "We are working with our retailers to ensure timely removal of affected product from their warehouses and shelves". The cans impacted have a best by date of June 2019. The company urges folks to dispose of the affected items immediately, regardless of whether the beans do not look... [Full Article...]

Gold, silver futures settle higher as United States dollar sinks

Gold, silver futures settle higher as United States dollar sinks In the meantime, the EU's statistics agency Eurostat said that the eurozone's housing market held steady above its nine-year high in the first three months of the year. In the same region, Danske Bank retreated 1.7 percent after posting its quarterly earnings. "This is on top of the fact that the Senate has not been able to pass anything meaningful on the healthcare front". [Full Article...]

Game of Thrones season 7: Daenerys finally gets answers

Game of Thrones season 7: Daenerys finally gets answers During that time, Robert - seeking to wipe out the Targaryen line - ordered the assassination of Daenerys. This is where Daenerys begins to shine in this episode. Euron presumably plans to torture his niece, but he may have some heretofore unknown goal for keeping Yara alive. Maybe there's more coming, but Arya and her wolf mean practically nothing if you follow the arc of the show. [Full Article...]

Ryanair warns of Brexit fares

Ryanair warns of Brexit fares Chief executive Michael O´Leary repeated his warning of a possible disruption to flights between the United Kingdom and Europe when the United Kingdom leaves the European Union in 2019. Ryanair on Monday reported profit after tax up 55 percent in the three months to end-June, but triggered a share sell-off after it warned it might cut fares in late summer by as much as 9 percent from past year. [Full Article...]

Didi Chuxing, SoftBank invest US$2bn in Uber's southeast Asia rival

Didi Chuxing, SoftBank invest US$2bn in Uber's southeast Asia rival Southeast Asian ride-hailing firm Grab said today it expects to raise Dollars 2.5 billion in financing, mostly from China's Didi Chuxing and Japan's Softbank, as it strengthens its lead over rival Uber . Grab bought Indonesian payment service Kudo earlier this year, and has said it is seeking more acquisitions to support rapid growth. "The heterogeneity of the banking system, multiple comp... [Full Article...]

Russia's Novak says OPEC/non-OPEC to discuss Libya, Nigeria

Russia's Novak says OPEC/non-OPEC to discuss Libya, Nigeria Global oil prices are off slightly, with WTI -0.3% at $45.64/bbl, Brent -0.2% at $47.97. As the compliance within the OPEC slipping, the oil production from the OPEC cartel is set to rise for a third consecutive month in July, according to a report by oil consultancy firm, Petro-Logistics. [Full Article...]

Former ISRO Chairman UR Rao Passes Away, Prime Minister Expresses Grief

Former ISRO Chairman UR Rao Passes Away, Prime Minister Expresses Grief Rao passed away in Bengaluru in the early hours today due to age related ailments. Rao was now serving as the Chairman of the Governing Council of the Physical Research Laboratory at Ahmedabad and Nehru Planetarium at Bengaluru and chancellor of Indian Institute of Space Science and Technology (IIST) at Thiruvananthapuram. [Full Article...]


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