Money

Infosys not to reveal probe report

Infosys not to reveal probe report They had also raised questions about the severance package offered to two former Infosys executives. When asked about the attrition rate at the top management, Sikka said it was "far lower than other firms". Asked about Murthy's letter, Infosys said it "does not plan to make the report public". With the latest issue, Infosys board has once again come in a direct face off with Narayan Murthy ... [Full Article...]

Bernstein Reaffirms "Outperform" Rating for McDonald's Corporation (NYSE:MCD)

BTIG Research analysts stated on 29/06/2017 that they maintained their Buy rating. On Thursday, May 25 the stock rating was maintained by Bernstein with "Outperform". This is usually interpreted as a good sign as traders widely believe falling stock should see declining volume. OLD National Bancorp IN now owns 50,132 shares of the fast-food giant's stock valued at $7,678,000 after buying an addi... [Full Article...]

Investors Buy Bristol-Myers Squibb Company (BMY) on Weakness

Investors Buy Bristol-Myers Squibb Company (BMY) on Weakness It has underperformed by 0.72% the S&P500. Bath Savings accumulated 15,773 shares or 0.28% of the stock. The stock has gained 0.49%, reaching at $55.50 after hovering between $55.08 and $55.88. Quest Investment Management Inc. Freeport (NYSE:FCX) was raised too. Diluted earnings per share was $0.06 based on 161.0 million weighted average shares and OP units outstanding. [Full Article...]

The Karpas Strategies LLC Continues to Hold Position in Schlumberger NV (SLB)

The company has a market cap of $94.45 billion, a price-to-earnings ratio of 537.17 and a beta of 1.02. The stock declined 0.56% or $0.38 reaching $67.84 on the news. The firm has "Buy" rating by RBC Capital Markets given on Thursday, June 1. The firm earned "Buy" rating on Monday, April 4 by Goldman Sachs. Maxim Group maintained Ellington Financial LLC (NYSE:EFC) rating on Monday, August 10. [Full Article...]

The Sirius XM Holdings Inc. (SIRI) Stake Held by Smith Salley & Associates

Return on Equity (ROE) stands at -99.1% and Return on Investment (ROI) of 21 percent. Miracle Mile Advisors LLC now owns 19,880 shares of the company's stock valued at $102,000 after buying an additional 300 shares during the last quarter. For the current year the company's revenue estimates are $5.36 Billion compared to low analyst estimates of $5.27 Billion and high estimates of $5.42 Billion ac... [Full Article...]

Growth Analysis of Kinder Morgan, Inc. (NYSE:KMI)

A number of other large investors have also recently made changes to their positions in the company. Similarly, the company's VP, Corporate Development Sanders Dax on 2017-05-30 Buy 2600 shares of the company at a price of $18.6. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued. The firm also recently disclosed a quarterly divi... [Full Article...]

Interest rate cut: Know how it will benefit home loan borrowers

Interest rate cut: Know how it will benefit home loan borrowers The RBI today continued to fault banks for not passing on the entire benefit of its rate cuts , saying it was unsatisfied with the MCLR and considering a new market-linked benchmark to ensure a better transmission. The reduction in the repo rate, at which the RBI gives short-term loans to banks, by 0.25 per cent to 6.00 per cent comes after a 10-month period during which the central bank had st... [Full Article...]

Glu Mobile Inc. (NASDAQ:GLUU) Earns "Outperform" Rating from Cowen and Company

The Company works directly with other application developers to include advertising for their applications in its games, and the developers pay them based on either the number of impressions in its games or the number of users downloading the developer's application. [Full Article...]

BidaskClub Upgrades Holly Energy Partners, LP (NYSE:HEP) to "Hold"

The Kansas-based Tortoise Capital Advisors L.L.C. has invested 3.01% in the stock. The Company operates through segments, including pipelines and terminals segment and a refinery processing unit segment. (NYSE:HEP) on Friday, May 5 to "Underperform" rating. 47,491 were accumulated by Cap Invest Advisors Limited. Capital Fund Mngmt reported 19,093 shares. [Full Article...]

NGL Energy Partners LP (NGL) is generating Dividend Yield of 15.92%

Currently NGL Energy Partners LP (NGL) stock is moving with downswing trend. 813,700 were reported by Kayne Anderson Cap Advsrs Limited Partnership. It has outperformed by 19.57% the S&P500. The consensus target price is $16.00 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms ... [Full Article...]

Linscomb & Williams Inc. Lowers Stake in Walt Disney Company (The) (DIS)

Linscomb & Williams Inc. Lowers Stake in Walt Disney Company (The) (DIS) About 35,475 shares traded. (The) reaffirmed a "conviction-buy" rating and issued a $138.00 price objective on shares of Walt Disney Company (The) in a research note on Wednesday, April 26th. Ballentine Partners LLC increased its position in Walt Disney Company (The) by 67.8% in the second quarter. Signature Est Inv Advsrs Limited Liability holds 1,349 shares. [Full Article...]

Plains All American Pipeline, LP (NYSE:PAA) Upgraded to "Hold" at BidaskClub

US Bancorp DE's holdings in Plains Group Holdings, L.P. were worth $1,838,000 as of its most recent filing with the SEC. Stock market analysts and brokers have recently amended their target prices on shares of Plains All American Pipeline, L.P. [Full Article...]

Barrick Gold Corporation Sees Unusually High Options Volume (ABX)

Royal Bank Of Canada reiterated a buy rating and issued a $21.00 price target on shares of Barrick Gold Corporation in a research report on Tuesday, July 18th. The original version of this story can be read at https://www.com-unik.info/2017/08/03/barrick-gold-corporation-nyseabx-raised-to-hold-at-zacks-investment-research-updated.html. [Full Article...]

Volkswagen Executive Pleads Guilty in Diesel Emissions Scandal

Volkswagen Executive Pleads Guilty in Diesel Emissions Scandal But they will retain a fraud conspiracy charge and a charge of violating the US Clean Air Act, which together carry a maximum sentence of seven years. It pleaded guilty in March to defrauding the USA government and agreed to pay $4.3 billion United States in penalties, on top of billions more to buy back cars. [Full Article...]

BC unemployment rate stays among the best in Canada

New Brunswick unemployment went down to 6.5 per cent in July, from 8.1 in June. RBC is monitoring a 3.7-per-cent increase in GDP in the second quarter, which would match the previous quarter's gain and make Canada the growth leader among its G7 peers, Nye said. [Full Article...]

Hyundai Unveils Next-Gen Verna In India; Launch Date Revealed

Hyundai Unveils Next-Gen Verna In India; Launch Date Revealed YK Koo, Managing Director & CEO, Hyundai Motor India Ltd said, "Next Gen Verna will create a disruption in the sedan segment with its benchmark features and performance for customers' delight. For the buyer in this segment, the new Verna is good news because it will deliver more value, and the feel and features of a pricier vehicle. At the rear, you have AC vents, which along with the front vent... [Full Article...]

Canada's trade deficit nearly triples to $3.6B in June

Canada's trade deficit nearly triples to $3.6B in June Canada's merchandise trade deficit in June grew to a seasonally adjusted 3.60 billion Canadian dollars ($2.86 billion), Statistics Canada said Friday, compared with a revised C$1.36 billion shortfall in the previous month. Canada's monthly trade data covers the export and import of goods, and doesn't include services. Imports, meanwhile, edged up 0.3 per cent to $50.1 billion. [Full Article...]

Stamps.com Inc. (NASDAQ:STMP) Given Average Recommendation of "Buy" by Analysts

The Chief Strategy Officer now owns $36,070 of the stock per the Form 4 SEC filing. The software maker reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.16. Paloma Prns Mngmt reported 0% stake. Northern owns 235,746 shares. Prescience Point initiated Stamps.com Inc. (NASDAQ: STMP ) were released by: Benzinga.com and their article: "Mid-Day ... [Full Article...]

Traders Sell Shares of Eli Lilly and Company (LLY) on Strength (LLY)

Traders Sell Shares of Eli Lilly and Company (LLY) on Strength (LLY) It has underperformed by 9.62% the S&P500. Juncture Wealth Strategies Llc sold 6,600 shares as Lilly Eli & Co ( LLY)'s stock declined 3.22%. Aberdeen Asset Mngmt Public Limited Uk holds 449,988 shares. Also, major shareholder Lilly Endowment Inc sold 210,000 shares of the stock in a transaction that occurred on Thursday, June 22nd. During the last 52 weeks, the (NYSE:LLY) price has been as hi... [Full Article...]

Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) Posts Earnings Results, Meets Expectations

Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) Posts Earnings Results, Meets Expectations The company's shares closed yesterday at $11.67. HIMX's distance from 20 day simple moving average is -0.52% and distance from 50-Day simple moving average is 3.66%. Leerink Swann downgraded Allscripts Healthcare Solutions from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $15.00 to $13.00 in a research report on Monday, June 19th. [Full Article...]


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