Finance

Montreal Sets Up Temporary Shelters To Handle Influx Of Asylum Seekers

Montreal Sets Up Temporary Shelters To Handle Influx Of Asylum Seekers Le Bouthillier said in an email. The camp is being built in anticipation of a large influx of asylum seekers from the US, said St├ęphane Mal├ępart, a spokesperson for Canada Border Services Agency (CBSA). This year, the U.S. Department of Homeland Security extended their status through next January, but officials said in May that people covered under that status should begin acquiring travel docum... [Full Article...]

Worldpay to Be Taken Over By Vantiv in $10 Billion Contract

Worldpay to Be Taken Over By Vantiv in $10 Billion Contract Blackstone Group LP and CVC Capital Partners Ltd agreed to buy Paysafe Group Plc for about $3.9 billion last week and Permira and Nordic Capital are among buyout firms considering bids for Nets A/S, the Danish payment-services provider. Worldpay investors had raised concerns over the valuation of the company and whether it would be listed in London , which had caused delays on the terms of the de... [Full Article...]

BB&T Corp Sells 1417 Shares of Ralph Lauren Corporation (RL)

BB&T Corp Sells 1417 Shares of Ralph Lauren Corporation (RL) Finally, Norges Bank bought a new stake in Ralph Lauren Corporation during the fourth quarter valued at $71,499,000. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/08/08/oregon-public-employees-retirement-fund-has-436000-position-in-ralph-lauren-corporation-rl.html. [Full Article...]

Bristol-Myers Squibb Company

Bristol-Myers Squibb Company In other news, Director Theodore R. Samuels II bought 6,000 shares of the firm's stock in a transaction on Wednesday, August 2nd. Trustmark Bank & Trust Tru Department holds 0.41% of its portfolio in Bristol-Myers Squibb Co (NYSE: BMY ) for 52,954 shares. [Full Article...]

CVS Health Corporation (NYSE:CVS) Upgraded by BidaskClub to "Hold"

CVS Health Corporation (NYSE:CVS) Upgraded by BidaskClub to The Clorox Company had 32 analyst reports since August 5, 2015 according to SRatingsIntel. Perigon Wealth Management LLC increased its stake in CVS Health Corporation by 8.1% in the fourth quarter. This represents a $2.00 annualized dividend and a dividend yield of 2.57%. The company was maintained on Thursday, July 13 by Jefferies. CVS Health Corp forecast current quarter profit below Wall ... [Full Article...]

Dow ends at ninth straight record, S&P 500 also hits all-time high

Dow ends at ninth straight record, S&P 500 also hits all-time high Japan said on Tuesday it was possible that North Korea had already developed nuclear warheads and warned of an acute threat posed by its weapons programs as Pyongyang's continues missile and nuclear tests in defiance of United Nations sanctions. [Full Article...]

Airline bumping rate in U.S. lowest after Chicago airport incident

Airline bumping rate in U.S. lowest after Chicago airport incident Only 5.2 per 100,000 passengers were involuntary denied boarding by 12 main US carriers in the first half of 2017, posting the lowest bumping rate in decades, an official report said on Tuesday. The Transportation Department said Tuesday just one in every 19,000 passengers was kicked off an overbooked flight in the first six months of this year. [Full Article...]

Liberty Interactive Corporation (NASDAQ:QVCB) To Report Earnings

Aegis Capital has "Buy" rating and $3300 target. Maxim Group has "Buy" rating and $3700 target. UBS maintained the shares of QVCA in report on Thursday, August 6 with "Buy" rating. Among 17 analysts covering Equinix ( NASDAQ:EQIX ), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 100% are positive. What are top analysts saying about Liberty Media Corporation? (NASDAQ:EQIX). [Full Article...]

Michael Kors lifts revenue forecast, shares soar

Michael Kors lifts revenue forecast, shares soar LendingClub Corp (NYSE:LC) shares jumped almost 18% in Tuesday's trading session, after the peer-to-peer lending firm posted strong second-quarter results with net revenues and margins coming in ahead of consensus expectations. The Firm delivers end-to-end solutions for clients in the Americas (AMER), Europe , Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. The Company's divisio... [Full Article...]

China's Didi invests in Dubai-based ride-sharing platform

China's Didi invests in Dubai-based ride-sharing platform Didi will share operations, product development, business planning and knowledge with Careem . Sheikha said the investment made by Didi Chuxing in Careem shows "the significant regional opportunity to leapfrog traditional infrastructure and improve the lives of people in our communities". [Full Article...]

Bitcoin continues to climb, hits new all-time high of $3500

Bitcoin continues to climb, hits new all-time high of $3500 Bitcoin's dramatic journey has left two kinds of people in its wake - believers and investors who are mulling over how to spend their newly made millions and naysayers who've now gone under hiding and are still treating their wounds. The current price surge of Bitcoin has increased the market capitalization to more than $50 bln - $51,737,289,581. To put this into perspective, CNBC reported ... [Full Article...]

Pilotless planes could save airlines US$35 billion, UBS says

Pilotless planes could save airlines US$35 billion, UBS says According to half of the respondents they would not buy a pilotless flight ticket even if it was cheaper than the alternative, a very real possibility, according to the report. "Reducing the intervention of human pilots on aircraft could bring material economic benefits and improve safety", UBS analysts wrote in a note. Autopilot systems allow planes to cruise on their own. [Full Article...]

The Coca-Cola Company (KO) Traders Should Start Listening to Analysts

The Coca-Cola Company (KO) Traders Should Start Listening to Analysts Coca Cola Co now has $194.67 billion valuation. Tredje AP fonden lowered its position in shares of Coca-Cola Company (The ) (NYSE:KO) by 0.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. [Full Article...]

Man convicted of having pipe bomb in luggage at United Kingdom airport

Man convicted of having pipe bomb in luggage at United Kingdom airport He denied the charges and initially said the device must have been planted by one of his five children, the oldest of whom is 11 years old, prosecutors said. "Greater Manchester Council owns the airport and I'll be writing to our councillors who have responsibility for the airport to ask them to demand a full inquiry", the BBC reported. [Full Article...]

Recent Analysts Ratings Liberty Global plc (LBTYK)

Recent Analysts Ratings Liberty Global plc (LBTYK) Shares of Liberty Global PLC (NASDAQ: LBTYA ) opened at 34.37 on Tuesday. 3,194,829 shares of the company were exchanged. The firm earned "Outperform" rating on Monday, October 12 by Cowen & Co. Malone bought 384,673 shares of the firm's stock in a transaction that occurred on Friday, July 7th. The shares were purchased at an average cost of $24.83 per share, for a total transaction of $6,028,17... [Full Article...]

CBA scrapping CEO & Group Exec short-term variable pay outcomes

CBA scrapping CEO & Group Exec short-term variable pay outcomes The board chose to scrap short-term bonuses for Mr Narev and other senior executives after "consideration to risk and reputation matters impacting the group", chairman Catherine Livingstone said in a statement yesterday. Commonwealth Bank has beaten analyst expectations with a full-year cash profit of $9.88 billion. The prudential regulator in July said the major banks needed to lift their cap... [Full Article...]

Avis Budget Revenue Hits $2.2B in Q2

Avis Budget Revenue Hits $2.2B in Q2 According to the past 5 years report, Its forward price to earnings ratio ranks lower than the industry's 35.56. It also upped Hartford Finl Svcs Group Inc (Put) stake by 150,400 shares and now owns 154,300 shares. Bank of New York Mellon Corp increased its stake in shares of Avis Budget Group by 11.4% in the first quarter. A number of analysts recently weighed in on the stock. [Full Article...]

Plains All American Pipeline, L (PAA) Hits a 52-Week High

Plains All American Pipeline, L (PAA) Hits a 52-Week High Several institutional investors have recently added to or reduced their stakes in the stock. It turned negative, as 39 investors sold Plains All American Pipeline , L.P. The company was downgraded on Thursday, July 13 by Deutsche Bank. COPYRIGHT VIOLATION NOTICE: "Chicago Partners Investment Group LLC Lowers Position in Plains Group Holdings, L.P. [Full Article...]

Disney Announces Netflix-Style Streaming Services and Weak Earnings

Disney Announces Netflix-Style Streaming Services and Weak Earnings Northwest Quadrant Wealth Management LLC acquired a new stake in shares of Walt Disney Company (The) during the fourth quarter valued at about $278,000. The company was upgraded on Thursday, August 6 by Vetr. City Fl accumulated 0.63% or 15,073 shares. The ex-dividend date was Thursday, July 6th. Walt Disney Company (The)'s payout ratio is presently 27.18%. [Full Article...]

Bajaj to make Triumph motorcycles in India

Bajaj to make Triumph motorcycles in India KTM , which is now Europe's largest selling motorcycle brand surpassing BMW Motorrad, is already reaping benefits on the back of its association with Bajaj Auto . " Triumph and Bajaj are excited by the opportunities of this partnership and the prospect of entering new market segments, thereby reaching a whole new group of motorcyclists across the world", said Bajaj Auto. [Full Article...]


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