Finance

PepsiCo, Inc. Offers Tepid Outlook After Mixed Q4 Earnings

The mean of Pepsico, Inc. For the fourth quarter, net income attributable to the company declined 18 percent to $1.40 billion from last year's $1.72 billion. The analysts offering Earnings Estimates...

by · Finance
Stocks Alert Encana Corp (USA) (NYSE:ECA), Ares Capital Corporation (NASDAQ:ARCC)

Stocks Alert Encana Corp (USA) (NYSE:ECA), Ares Capital Corporation (NASDAQ:ARCC)

In comparing the current price level of the equity to their moving averages, the shares are trading $0.70 off of the 50-day average of $19.30 and $1.96 away from the 200-day moving average of $18.04. ...

by · Finance

Tata workers agree to pension cuts

Nothing less would be a betrayal and add to the deep mistrust that steelworkers now have for the company. Tata Steel will begin a consultation on the closure of the British Steel Pension Scheme (BSP...

by · Finance

Impact of Brokerage Rating on Advanced Micro Devices, Inc.(AMD)

The growth estimate for the next five years is -98.3 percent (per annum). EPS growth for this year is 29.40% and EPS growth for next year is expected to reach at 310.61%. Church & Dwight Co. Inc. ...

by · Finance
Groupon Inc Shares Climb After Strong Earnings

Groupon Inc Shares Climb After Strong Earnings

BlackRock Inc. boosted its stake in Groupon by 190.1% in the third quarter. Groupon, Inc . (NASDAQ:GRPN) is trading up on a volume of 21.05 million, or 1.76 times its standard daily volume. ( GRPN ...

by · Finance

CEO Jack Dorsey buys $7 mn in Twitter stock

TWTR stock closed at $16.52, up $0.71 (or +4.49%) and 35.09M of its shares changed hands on Tuesday's trading session, representing a large increase in activity versus its average volume (3m) of 20.97...

by · Finance

Oil attacks in 2016 cost Nigeria up to $100bln: minister

The acting President came, held meetings with all stakeholders in the state. The call came from a Niger Delta activist, Comrade Sheriff Mulade, in a statement made available to journalists in Warri,...

by · Finance

New £5 note: Bank to keep note despite animal fat content

The Bank said it had already printed 275m £10 notes , at a cost of £24m, in preparation for their launch in the autumn. Vegans and religious groups were left outraged a year ago when it was announc...

by · Finance
Federal Agents Conduct 'Routine?' Immigration Enforcement, Generated Panic In Six States

Federal Agents Conduct 'Routine?' Immigration Enforcement, Generated Panic In Six States

Immigration officials said Friday evening that they are conducting regular "targeted enforcement" operations in Chicago aimed at apprehending deportable foreign nationals. Kelly emphasized that the ...

by · Finance

Agree Realty Corporation (ADC) Shares Sold by Baird Financial Group Inc

Ameritas Investment Partners Inc. raised its position in shares of Duke Realty Corporation by 62.2% in the third quarter. Following the transaction, the chief executive officer now directly owns 59,56...

by · Finance
DHS Secretary Kelly on recent ICE enforcement actions

DHS Secretary Kelly on recent ICE enforcement actions

ICE does not conduct sweeps, checkpoints or raids that target aliens indiscriminately", the release explained. Typically the agency picks up a handful per day. Protests erupted soon after. Departm...

by · Finance
Cynosure, Inc. To Be Acquired By Hologic For $1.65 Billion

Cynosure, Inc. To Be Acquired By Hologic For $1.65 Billion

On the company's financial health, Cynosure reported $0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Feb 7, 2017. In related news, Cha...

by · Finance

Wesfarmers' Goyder 'worried' on tax reform

Officeworks operates 163 stores across every state and territory and employs about 7,000 staff. In November, the company said it planned to sell its east coast coal operations after having previousl...

by · Finance

Retail sales surged in January

The Commerce Department said total retail sales in January were up by 5.6 percent compared to the same month a year ago, reflecting an acceleration from the 4.4 percent increase in December. Other n...

by · Finance
Tyson Foods' (TSN)

Tyson Foods' (TSN) "Sector Perform" Rating Reaffirmed at RBC Capital Markets

LS Investment Advisors LLC boosted its position in Tyson Foods by 4.0% in the second quarter. Evercore Wealth Management LLC now owns 1,775 shares of the company's stock worth $119,000 after buying an...

by · Finance
Warren Buffett's firm expected to file update on its stocks

Warren Buffett's firm expected to file update on its stocks

Elliott Management increased its own stake in Apple by 122% taking it from 1.39 million shares at the end of the third quarter in 2016 to 2.57 million shares at the end of the fourth quarter previou...

by · Finance
Trudeau summit 'genuine' but Canada can't stop worrying: Linamar CEO

Trudeau summit 'genuine' but Canada can't stop worrying: Linamar CEO

Trump has said he wants to discuss his plan to overhaul the North American Free Trade Agreement , which involves the United States, Canada and Mexico . Canada's real GDP could drop by nearly a pe...

by · Finance

Sensex tanks 184 points on dismal corporate earnings

The key indices closed marginally in the green even as profit-booking capped gains. The 50-share Nifty too settled 12.75 points or 0.14 per cent lower at 8,792.30 after moving between 8,820.45 and 8...

by · Finance
Humana Will Leave Obamacare Altogether In 2018

Humana Will Leave Obamacare Altogether In 2018

The Louisville-based carrier said their decision to leave the market next year was in response to 2017 marketplace enrollment data that shows "further signs of an unbalanced risk pool", in which more ...

by · Finance
Markets see broad gains as US Fed signals another rate hike

Markets see broad gains as US Fed signals another rate hike

Albert Edwards, market strategist at Societe Generale and noted permabear, expects Yellen, who is set to deliver semiannual testimony to the Senate Banking Committee on Tuesday, will trigger a steep...

by · Finance
Often at odds, Trump, Trudeau tout economic bonds

Often at odds, Trump, Trudeau tout economic bonds

But Trump made clear America's northern neighbor is not the chief target of any new trade negotiations. Trump praised the "outstanding" trade relationship between the United States and Canada and sai...

by · Finance

Toshiba chairman resigns as company projects 713b yen write-down

The Yomiuri Shimbun Toshiba Corp. announced Tuesday that Chairman Shigenori Shiga will resign from his post to take responsibility for massive losses caused by its US nuclear power business. Specula...

by · Finance

Massive fire hits club at Yonge and St. Clair

Clair E., said he had a clear view of the fire from his office window. David Hopkinson said the fire was reported just before 9:30 a.m. The six-alarm fire has prompted the evacuation of nearby bui...

by · Finance

Jaguar and Shell now let drivers pay for gas from the dashboard

Peter Virk, Jaguar Land Rover's director of connected vehicle and future technology, says: "In a world where cash is no longer king, customers are increasingly using electronic payments and contactles...

by · Finance
Crude oil to trade in 3516-3614 range: Achiievers Equities

Crude oil to trade in 3516-3614 range: Achiievers Equities

And what might that do to prices at the pump? Brent crude was trading at $55.83 per barrel at 0800 GMT (3 a.m. ET), down 14 cents from its last close. January 1 marked the official start of the deal...

by · Finance

Sensex Ends At 28,35-Mark; IT, Metal Save The Day

However, positive European markets, along with a strengthened rupee arrested the falls. Market benchmark Sensex inched up by 17 points to close at 28,351.62 today, while the NSE Nifty went past the ...

by · Finance
Stock Price of Scorpio Tankers Inc. (STNG) Decreases -7.73%

Stock Price of Scorpio Tankers Inc. (STNG) Decreases -7.73%

Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 20.73. Before Earnings Announcement on 07/28/2016, the fi...

by · Finance

French carmaker PSA discusses deal to buy GM's Opel

In a statement this morning , GM said its ongoing alliance with PSA has generated "substantial synergies" for both companies. A combination between the two would have around 16% of the European veh...

by · Finance

Carli Lloyd set to join Manchester City, offical announcement expected tomorrow

The deal with City is expected to be announced on Wednesday. Lloyd, 34, will begin the year in England before returning to the NWSL's Houston Dash after Man City's season ends - as late as June 1 if...

by · Finance

Carnival starts to ring the register on Cuba business

EPS growth in past five years was 9.00% while EPS growth in next five years is projected to arrive at 13.68%. Dollar General Corporation (NYSE:DG), stock is trading $96.22 above the 52-week high and...

by · Finance

SoftBank to buy Fortress Investment for $3.3 billion

SoftBank previously announced the massive $100 billion technology investment fund - SoftBank Vision Fund - past year with Saudi Arabia. While the deal doesn't directly involve the $100 bill...

by · Finance
In a relief to lakhs of patients, govt caps coronary stent price

In a relief to lakhs of patients, govt caps coronary stent price

In a move that comes as a huge relief to patients, the National Pharmaceutical Pricing Authority on Monday drastically slashed the price of coronary stents used to unblock arteries. Estimates show t...

by · Finance

US Department of Education gets WEB Du Bois' name wrong in tweet

The U.S. Department of Education needs to learn about black history - and proofreading. The 51 "yes" votes only constituted Republicans, and "no's" included all 46 Democrats, Independents and two Repu...

by · Finance
Michael Flynn Resigns As National Security Adviser

Michael Flynn Resigns As National Security Adviser

Spicer told reporters Tuesday evening that the administration hopes to announce a replacement by the end of the week. Politico reports Trump is frustrated with Flynn's alleged lies and that he...

by · Finance
American Airlines Group Inc. (NASDAQ:AAL) Analyst Opinion

American Airlines Group Inc. (NASDAQ:AAL) Analyst Opinion

The company reached its 52-Week high of $50.64 on Dec 9, 2016 and 52-Week low of $24.85 on Jun 27, 2016. Several other equities research analysts also recently commented on the company. (NASDAQ:WFM)...

by · Finance