Finance

Novae Group Plc (LON:NVA) Given "Buy" Rating at Shore Capital

Novae Group Plc (LON:NVA) Given The stock of Unilever plc (LON:ULVR) has "Outperform" rating given on Friday, September 4 by RBC Capital Markets. Finally, J P Morgan Chase & Co restated an underweight rating and issued a GBX 1,265 ($16.39) price objective on shares of BHP Billiton plc in a research report on Thursday, April 27th. [Full Article...]

Tesla Slammed By Goldman Sachs As Sell Rating Reiterated

Tesla Slammed By Goldman Sachs As Sell Rating Reiterated As per Monday, March 21, the company rating was upgraded by Argus Research. Currently, EPS of Tesla Motors, Inc. CEO Elon Musk hopes to see Tesla building 500,000 vehicles annually by 2018. Following the transaction, the director now owns 20,000 shares in the company, valued at $6,235,200. The disclosure for this sale can be found here. Insiders have sold a total of 240,291 shares of compa... [Full Article...]

Allow one more chance to deposit old notes

Allow one more chance to deposit old notes Prime Minister Narendra Modi on November 8 had announced the ban on old Rs 500 and Rs 1000 notes with immediate effect. As per the report by PTI, the bench was hearing a batch of petitions, including one filed by Sudha Mishra seeking a direction to authorities to allow her to deposit demonetised notes as she could not do so during the period specified by the Centre and the RBI. [Full Article...]

Sainsbury's sales helped by hot weather

Sainsbury's sales helped by hot weather He added: "The grocery transaction growth suggests the LFL sales figure is improving but there is caution about margins with Sainsbury's noting it has "improved its price position" as inflation is rising". Playing down the impact of the weather, Coupe said the number of warm days over the whole period was "not far off the same" as a year ago. He said: "The concern is that the acquisition is ta... [Full Article...]

Samsung plans $18.6 b capex to widen chip lead

In addition, Samsung's plans to construct a second semiconductor fabrication line in Xi'an, China , site are also under review. As Samsung is making large amount of investments into semiconductors and displays, it has created a cluster that connects Giheung, Hwasung, and Pyeongtaek from Gyeonggi-do and Asan from Chungcheongnam-do. [Full Article...]

OPEC has lost control but prices could have hit bottom

OPEC has lost control but prices could have hit bottom Oil slid into bear market territory in June, down more than 20% from highs hit in February. They say prices are being affected by excess supply of oil, due to which they made a decision to cut production. OPEC and Russia's supply quotas were offset by robust production from the U.S. Following last week's selloff, oil prices hit a two-week high on Thursday, after the EIA data showed that USA... [Full Article...]

China's $9tn bond market opens up to foreign investors

China's $9tn bond market opens up to foreign investors China's $9trn (£6.9trn, €7.9trn) bond market is the third-largest in the world but only 2% of mainland bonds are foreign owned. Chinese bonds can now be bought by banks, insurers and fund managers via The Bond Connect scheme in Hong Kong , opening up the China's US$9trn bond market to widespread foreign investment for the first time. [Full Article...]

Automakers Mostly Report Lower US Sales For June

Automakers Mostly Report Lower US Sales For June Fiat Chrysler Automobiles NV (NYSE: FCAU ) has risen 53.96% since July 3, 2016 and is uptrending. It has underperformed by 8.78% the S&P500. Hourglass Capital Llc decreased General Mtrs Co (GM) stake by 8.09% reported in 2016Q4 SEC filing. [Full Article...]

Enable Midstream Partners, LP (NYSE:ENBL) Raised to Sell at BidaskClub

It has underperformed by 61.87% the S&P500. Breithorn Capital Management decreased Bed Bath & Beyond Inc (BBBY) stake by 84.68% reported in 2016Q4 SEC filing. Argus Research has "Buy" rating and $62 target. The firm has "Hold" rating given on Tuesday, August 11 by Stifel Nicolaus. Raymond James downgraded the shares of BBBY in report on Thursday, December 22 to "Mkt Perform" rating. [Full Article...]

Qatar says Arab states' ultimatum 'made to be rejected'

Qatar says Arab states' ultimatum 'made to be rejected' The move plunged the country into crisis, sending the stock market tumbling and effectively closing down its airspace. Britain's top diplomat has welcomed a decision by four Arab countries to give Qatar more time to meet their demands. [Full Article...]

Iran's Ahvaz Soars to Record-High Temperature of 54C

Iran's Ahvaz Soars to Record-High Temperature of 54C If Weather Underground's reading of 129.2F proves accurate, it would tie for the hottest temperature ever measured on Earth since records began. For a hundred years it was accepted that the hottest temperature ever recorded was at Death Valley. [Full Article...]

USA eases laptop ban on flights from Abu Dhabi

USA eases laptop ban on flights from Abu Dhabi Abu Dhabi has become the first airport to lift the U.S. electronics ban , it announced today. The UAE's national airline Etihad praised the decision made by the American Department of Homeland Security. on Sunday. It flies twice a day to NY, daily to Washington Dulles International Airport, Chicago, Dallas and Los Angeles, and three times a week to San Francisco. [Full Article...]

All-star point guard Kyle Lowry to re-sign with Toronto Raptors — NewsAlert

Losing Lowry represented the worst-case scenario for the Raptors, as the point guard has established himself alongside shooting guard DeMar DeRozan as one of the most lethal backcourt combos in the league. It's unclear how much interest there really was outside of Toronto. Redick provides both. The 11-year veteran shot 42.9 percent from three last season, a year after leading the league with a 47.... [Full Article...]

Novak Djokovic beats Gael Monfils to claim Eastbourne title

Novak Djokovic beats Gael Monfils to claim Eastbourne title Monfils defeats Richard Gasquet in his semifinals match. It was a morale-boosting week for Watson after wins over defending champion Dominika Cibulkova, 14th seed Anastasia Pavlyuchenkova and former Wimbledon quarter-finalist Barbora Strycova. [Full Article...]

'One country, two systems' policy on Hong Kong rattled by Xi's moves

'One country, two systems' policy on Hong Kong rattled by Xi's moves In the Hong Kong Legislative Council election last September, lawmakers who advocated, among other things, independence from China, were elected but later lost their qualifications as lawmakers when China intervened. Out on the streets, marchers carried punch-bags and toilets bearing the faces of Hong Kong's leaders, as well as a cardboard cutout of visiting President Xi Jinping holding a ye... [Full Article...]

PH and China should have joint military exercises: China envoy

PH and China should have joint military exercises: China envoy Lorenzana and Armed Forces of the Philippines (AFP) Chief of Staff Gen. Eduardo Año. Philippine President Rodrigo Duterte has opted to court China for its business and investment and avoid the rows over maritime sovereignty that dogged his predecessors. [Full Article...]

Buffett's company to become Bank of America's top shareholder

Buffett's company to become Bank of America's top shareholder Shares of Bank of America were up 16 cents at US$24.48 in early trading on Friday. In a discussion about the state of USA healthcare, Berkshire Hathaway CEO Warren Buffett said a single-payer health system might be more cost effective than the ACA or the Senate Republicans' proposed healthcare bill. [Full Article...]

Nike Confirms New Pilot Partnership With Amazon

Nike Confirms New Pilot Partnership With Amazon Class B ( NKE ) by 33.45% based on its latest 2016Q4 regulatory filing with the SEC. Ended the quarter with $6.2 billion in cash and short-term investments, up $722 million from the same year-ago period. The stock of Nike Inc (NYSE:NKE) has "Outperform" rating given on Wednesday, September 28 by Credit Suisse. Also, Director John R. Thompson, Jr. unloaded 14,000 stocks of the firms shares in a... [Full Article...]

Constellation Brands' (STZ) "Conviction-Buy" Rating Reiterated at Goldman Sachs Group, Inc

Constellation Brands' (STZ) Therefore 45% are positive. Tompkins Financial Corp raised its position in shares of Constellation Brands by 29.4% in the first quarter. As per Monday, April 11, the company rating was maintained by Citigroup. Sandy Spring Commercial Bank owns 7,594 shares or 0.12% of their U.S. portfolio. Nationwide Fund has 66,181 shares. The average volume stands around 3.95 million shares. [Full Article...]

Get A Head Start On Amazon Prime Day

Get A Head Start On Amazon Prime Day Amazon is also expanding Prime Day to more countries, adding India, China and Mexico to its list of countries with Prime Day events. The third annual Amazon Prime Day is occurring on July Tuesday, July 11 , 2017 with hundreds of thousands of deals exclusively for Prime members around the world. [Full Article...]


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