Amazon to open robotic DC in Bolton

Amazon UK is to open a robotic fulfilment centre in Bolton next year.

All permanent Amazon fulfilment centre employees earn £8.15 an hour or more after two years of employment, with pay increasing from a starting salary of £7.65 an hour and above.

Analyst Buzz: Rowan Companies plc (RDC)
Massachusetts-based Wellington Mngmt Group Inc Limited Liability Partnership has invested 0% in Associated Banc Corp (NYSE:ASB). ProShare Advisors LLC's holdings in Rowan Companies PLC were worth $312,000 as of its most recent filing with the SEC.

The warehouse will reportedly be equipped with advanced Amazon Robotics technology, allowing for increased automation capabilities at the site. "Robots help speed order processing time and reduce walking by employees by moving the shelves to employees, reducing the time taken to stow items for sale or pick them for new customer orders".

Bolton will be the third Amazon fulfilment centre in the North West and will take the number of permanent jobs Amazon has created in the region to more than 3,500, as it expands its United Kingdom operation to meet increasing customer demands.

Financial Watchlist of First Horizon National Corporation (NYSE:FHN)
United Capital Financial Advisers LLC increased its position in First Horizon National Corporation by 1.3% during the 1st quarter. Following the sale, the chief financial officer now directly owns 233,890 shares in the company, valued at $4,329,303.90.

Last year, unfazed by the UK's European Union referendum outcome in favour of Brexit, Amazon announced that it would open warehouses in Daventry, Doncaster, Warrington and Tilbury in 2017, creating more than 3,500 new permanent full-time jobs.

Amazon has started recruiting for a range of new roles for the fulfilment centre, including operations managers, engineers, HR and IT specialists. As well as sites which have recently opened in Warrington, Tilbury and a new site in Doncaster, it has two further fulfilment centres in Doncaster, and one each in Coalville, Daventry, Dunfermline, Dunstable, Gourock, Hemel Hempstead, Manchester, Milton Keynes, Peterborough, Rugeley and Swansea Bay.

Sunpower Corporation (SPWR) and Restoration Hardware Holdings (RH) Where Headed Next?
The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.

Latest News