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Business

ICICI Securities on Tuesday said it has raised Rs 3,515 crore at the issue price of Rs 520 per share from its recently concluded initial public offering. The company's business relies heavily on retail customers. Its non-brokerage revenue share increased to 36.4% in nine months of FY18 from 29.7% in FY13.
  • Pasta not to blame for obesity

    Pasta not to blame for obesity

    Business

    This new work, conducted by Canadian researchers at St. Michael's Hospital in Toronto, rehabilitates the consumption of starchy foods - especially pasta - which are often accused of making people gain weight. The researchers emphasised the results came as part of a low GI diet. On average, white pasta also has a higher micronutrient content than other white wheat products.
  • Institutionals Holders Overview For Facebook, Inc. (FB)

    Institutionals Holders Overview For Facebook, Inc. (FB)

    Business

    The company is expected to report earnings of $1.36 a share for the next quarter. Facebook, Inc . shares decreased -3.09 percent over the past week and fell -10.39 percent over the previous month. (NASDAQ:FB) earned "Buy" rating by Rosenblatt on Thursday, July 30. The firm has "Buy" rating by SunTrust given on Friday, January 12. Facebook now has an average rating of "Buy" and a consensus target price of $213.45.
  • Is The Goldman Sachs Group, Inc

    Is The Goldman Sachs Group, Inc

    Business

    The RSI for The Goldman Sachs Group, Inc .( NYSE :GS) now stands at 42.59. About 678 shares traded or 331.85% up from the average. ( NYSE :GS) shares with value of $5.77M were sold by SOLOMON DAVID M. Another trade for 10,000 shares valued at $2.70 million was made by SALAME PABLO J on Thursday, February 1. Volumes indicate how many shares are bought and sold over a given period of time.
  • Morgan Stanley: Downgrade Hits Shares of Fitbit (NYSE:FIT)

    Business

    The S&P 500 fell 59 points or 2.2% to 2,581.9, while the Dow fell 458.9 points or 1.9% to 23,644.19. Amazon sank following weekend broadsides from President Donald Trump on Twitter, while Facebook tumbled as a widening privacy scandal continued to weigh on the company's stock.
  • International Business Machines Corporation (IBM)

    Business

    It has underperformed by 24.13% the S&P500. Capital Analysts LLC now owns 1,129 shares of the technology company's stock worth $125,000 after buying an additional 566 shares during the period. Guardian Capital Lp decreased Dr Pepper Snapple Group Inc ( NYSE :DPS) stake by 24,037 shares to 81,205 valued at $7.88M in 2017Q4. Investors sentiment increased to 1.03 in 2017 Q4.
  • Facebook has removed hundreds more Russian troll accounts

    Facebook has removed hundreds more Russian troll accounts

    Business

    Instead, it had to do with the fact that the agency set up "fake accounts" on Facebook to spread its propaganda. Initially, Mr. Zuckerberg dismissed the notion that his social media platform had been manipulated by foreign agents to influence the 2016 vote.
  • Drilling Down Into Johnson & Johnson (JNJ)

    Business

    The stock increased 0.47% or $0.04 during the last trading session, reaching $8.63. Jones Energy, Inc. (NYSE:JONE) has declined 62.44% since April 2, 2017 and is downtrending. American Interest Gru holds 0% of its portfolio in Gogo Inc. Account Management Llc holds 1.03% or 8,475 shares. (NASDAQ: AMZN ) for 83,983 shares. 64,039 are held by Greenwood Gearhart.
  • Walmart Looks to Buy Online Pharmacy PillPack

    Walmart Looks to Buy Online Pharmacy PillPack

    Business

    Foster & Motley Inc who had been investing in Archer for a number of months, seems to be bullish on the $24.07B market cap company. The stock decreased 1.26% or $1.48 during the last trading session, reaching $116.26. The Walmart Inc . exchanged hands with 19109732 shares compared to its average daily volume of 12.02M shares. Zurich Insurance Group Ltd FI raised its position in Wal-Mart Stores by 1.8% in the second quarter.
  • Shares in Discovery Communications Inc. (DISCK) Acquired by Suntrust Banks Inc

    Business

    Discovery Communications, Inc . (NASDAQ: DISCA ) has declined 21.53% since April 3, 2017 and is downtrending. It has underperformed by 9.57% the S&P500. The Discovery Communications, Inc . has the market capitalization of $-. 2/27/2018-Pivotal Research Reiterated Rating of Hold. The company was upgraded on Tuesday, January 2 by Barrington.
  • IS MOMENTUM SHIFTING?: Lowe's Companies, Inc., (NYSE: LOW)

    Business

    Santa Barbara Asset Management Llc bought 140,464 shares as the company's stock declined 5.74% with the market. The institutional investor purchased 6,232 shares of the home improvement retailer's stock, valued at approximately $579,000. MS's profit will be $2.29B for 10.16 P/E if the $1.28 EPS becomes a reality. On average, analysts expect that Lowe's Companies will report full year earnings of $5.53 per share for the current fiscal year, with EPS estimates ranging from $5.40 to $5.92.
  • Ryanair reveals United Kingdom gender pay gap of 67 per cent

    Ryanair reveals United Kingdom gender pay gap of 67 per cent

    Business

    The new figures centre on pilots and cabin crew employed by Ryanair in the UK. With most of Ryanair's management and administration based in Ireland and excluded from the figures - including its chief executive, Michael O'Leary, and its all-male senior management board - more than 95% of the firm's UK-based staff are pilots or cabin crew.
  • Veritable LP Reduced Holding in General Electric Co. (GE)

    Veritable LP Reduced Holding in General Electric Co. (GE)

    Business

    If, for instance, a stock's volumes suddenly increase by a noteworthy amount, it's usually a sign that the level of conviction behind the trade is high. Its down 0.61, from 2.11 in 2017Q3. At the movement PPL Corporation (NYSE:PPL) is under coverage by number of analysts. Girard Limited reported 66,780 shares.
  • Amazon shares pare some gains as Trump attacks company again

    Amazon shares pare some gains as Trump attacks company again

    Business

    The president tweeted again today saying:"Only fools, or worse, are saying that our money losing Post Office makes money with Amazon ". But beyond the president's itchy Twitter finger, investors were reacting to other concerns, including a potential trade war between the US and China.
  • London Flights Face Delays as Air Traffic Controllers go Digital

    London Flights Face Delays as Air Traffic Controllers go Digital

    Business

    Eurocontrol said the ATFM contingency plan will be maintained for the coming few hours until it was certain that there is sufficient data is in the system to allow it to operate correctly. They added that the root of the problem "has been identified and action is underway to return to normal operations" by the late evening. The outage did not affect air traffic control and there were no safety implications, Eurocontrol said.
  • Mulvaney proposes congressional oversight of consumer bureau

    Mulvaney proposes congressional oversight of consumer bureau

    Business

    Recommendations in today's report, if implemented, would stop the agency from protecting consumers and prevent it from ever being effective in the future. That ruling said the solution was to strike down the law's "for cause" provision, meaning that the president could remove the bureau's director for any reason, as with other executive branch appointees.
  • Brandywine Global Investment Management LLC Acquires 213891 Shares of Hanesbrands Inc. (HBI)

    Business

    The stock of The Walt Disney Company (NYSE:DIS) has "Buy" rating given on Monday, August 17 by FBR Capital. About 369,481 shares traded. It has underperformed by 10.43% the S&P500. Buckingham Research maintained Hanesbrands Inc . Finally, B. Riley reduced their price objective on shares of Hanesbrands from $33.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, February 8th.
  • Billionaire Trying To Save Toys R Us Disappointed Other Executives Aren't Helping

    Billionaire Trying To Save Toys R Us Disappointed Other Executives Aren't Helping

    Business

    That's where Bed Bath & Beyond comes in. Toys R Us announced in March it was closing all 735 of its USA stores. Toys R Us is accepting gift cards through April 21 though the cards can't be exchanged for cash. The former retail store says it is shutting down its site. Hong Kong-based retail giant Li &Fung, which now owns 15 percent stake in Toys R Us Asia, is now considered as the most likely candidate for acquiring the firm.
  • Blue passport: British firm launches appeal to secure Government contract

    Blue passport: British firm launches appeal to secure Government contract

    Business

    According to the Financial Times , De La Rue will launch an appeal based on the fact that while it may not offer the best price, it offers the best quality and security. We can accept that we weren't the cheapest, even if our tender represented a significant discount on the current price. It adds: "In the light of this, we are confident that we remain the best and securest option in the national interest".
  • Panera website exposed customer data, report says

    Panera website exposed customer data, report says

    Business

    Houlihan said he reached out via email, Twitter , and LinkedIn to Panera Bread's director of information security, Mike Gustavison, upon discovering the breach, but received no reply, Quartz reported. But Houlihan said the flaw "never disappeared". Not only could customer data be accessed if a visitor knew the correct link, but due to how the information was stored, it could be searched to find specific victims based on parameters such as phone numbers.
  • BidaskClub Downgrades NXP Semiconductors (NASDAQ:NXPI) to Sell

    Business

    The institutional investor held 151,275 shares of the investment managers company at the end of 2017Q4, valued at $5.53 million, down from 161,568 at the end of the previous reported quarter. Cenovus Energy Inc had 26 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Graco Inc. The stock has "Outperform" rating by Robert W.
  • Godsey & Gibb Associates Decreases Stake in Pfizer Inc. (PFE)

    Godsey & Gibb Associates Decreases Stake in Pfizer Inc. (PFE)

    Business

    VOLATILITY FACTOR: The stock remained 1.93% volatile in recent week and indicated 1.77% volatility in last month. Birch Hill Advisors Ltd Liability holds 1.05M shares. Moreover, 12Th Street Asset Management Company Llc has 7.03% invested in the company for 334,937 shares. Large investors have recently bought and sold shares of the business.
  • Teton Advisors Inc. Holds Holding in Pfizer Inc. (PFE)

    Business

    Pfizer Inc ., ( NYSE: PFE ) was trading -9.99% away from its yearly high level, during the last trading session. Pfizer (NYSE: PFE ) last released its quarterly earnings results on Tuesday, January 30th. Pfizer Inc . Common now has $211.12 billion valuation. (NYSE: PFE ) to report earnings on May, 1. The business's revenue for the quarter was up.6% on a year-over-year basis.
  • Japanese Brokerage Firm May Acquire Hacked Coincheck Exchange

    Japanese Brokerage Firm May Acquire Hacked Coincheck Exchange

    Business

    Monex Group confirmed it is in talks with Coincheck and analyzing the deal for the takeover, but decisions have been made yet. Monex is planning to replace the would-be subsidiary's management and work towards fully restoring its services. The deal would allow Monex to access Coincheck's customer base, which saw a spurt in users as the cryptocurrency sector grew rapidly previous year.
  • McDonald's (NYSE:MCD) Price Target Lowered to $169.00 at Morgan Stanley

    McDonald's (NYSE:MCD) Price Target Lowered to $169.00 at Morgan Stanley

    Business

    The stock increased 1.21% or $0.57 during the last trading session, reaching $47.78. (NYSE: MCD ) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The insider GOARE DOUGLAS M sold 34,575 shares worth $6.00 million. (NYSE:MCD) from a strong-buy rating to a buy rating in a research note released on Tuesday morning.
  • Harbour Energy offers $13.5bn for Australia's Santos

    Harbour Energy offers $13.5bn for Australia's Santos

    Business

    Santos has granted due diligence to Harbour - whose first proposal in August a year ago was for $4.55 per share - but warned shareholders the proposal may still not result in an acceptable offer. Santos also disclosed on Tuesday that Harbour had approached the company on two occasions in March, with bids of A$6.25 per share and A$6.37. Santos has advised its shareholders to take no action in response to the offer.
  • (NASDAQ:CMCSA) Position Raised by DA Davidson & CO

    Business

    Van Den Berg Management I Inc who had been investing in Ensco Plc for a number of months, seems to be bullish on the $1.91 billion market cap company. The rating was downgraded by Moffett Nathanson to "Neutral" on Tuesday, June 20. Finally, Thompson Siegel & Walmsley LLC boosted its holdings in Comcast by 3.3% in the 2nd quarter.
  • Suspect dead in officer-involved shooting in Jackson

    Suspect dead in officer-involved shooting in Jackson

    Business

    Officers chased the suspect through the apartment complex and say he pulled a handgun from the waistband of his trousers. Police are investigating an officer-involved shooting at a gas station near a Zebulon Walmart. The officer who shot the man is on non-disciplinary administrative leave as is procedure in officer-involved shootings. A vehicle that was reported stolen earlier that same day (reported to the Wake County Sheriff's Office) was recovered in the Walmart parking lot.
  • Guggenheim S&P 500 Pure Value ETF (RPV) Declines 2.4586% for April 2

    Guggenheim S&P 500 Pure Value ETF (RPV) Declines 2.4586% for April 2

    Business

    U.S. Treasury prices ticked higher, pushing yields lower across the curve; the benchmark 10-year yield slipped a basis point to 2.73%, its lowest level since early February. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend.
  • 21st Century Fox offers to sell Sky News to Disney

    21st Century Fox offers to sell Sky News to Disney

    Business

    In a statement on Tuesday, Sky said it believes that the two remedy proposals brought forward by Fox to the CMA "comprehensively address" any concerns the watchdog may have and "would guarantee the long-term future of Sky News and its ongoing editorial independence".
  • Mesmerizing Stock: Activision Blizzard, Inc. (NASDAQ:ATVI)

    Business

    As a company has 741.88M shares outstanding and its current share price is $64.55, the market cap is $50.05B. Insiders sold 2,701,258 shares of company stock worth $191,727,094 in the last three months. The company had revenue of $1.57 billion for the quarter, compared to analysts' expectations of $6.54 billion. (NASDAQ: ATVI ) for 85,603 shares. Kbc Grp Incorporated Nv holds 0.11% or 196,802 shares in its portfolio.
  • Oklahoma Teachers Leading Charge For Change

    Oklahoma Teachers Leading Charge For Change

    Business

    Teachers in Arizona are also considering a strike over their demands for a 20 percent salary increase. Rob Standridge's office. He also voted against the teacher pay raise bill. "There will be teachers from schools that are open who will join us at the Capitol". Talk a good game, say I'm the education governor, then let those lawmakers rip out money for classrooms so they can pave more roads in their counties and get reelected.
  • Stella Artois announces voluntary beer recall

    Stella Artois announces voluntary beer recall

    Business

    The company said that on some bottles there are cracks, because of which the debris may get inside, the beer itself. The company has issued a voluntary recall of some bottled beer because they may contain particles of glass. "This recall impacts less than 1% of Stella Artois glass bottles sold in North America annually, and affected bottles will be far less than this". The potentially-affected bottles were manufactured by a third-party which is one of many that supply Stella Artois with ...
  • Wall Street tumbles on tech sector, trade war worries

    Wall Street tumbles on tech sector, trade war worries

    Business

    Amazon dropped as much as 3 percent after President Donald Trump launched his latest attack over the pricing of the world's biggest online retailer's deliveries through the US postal system and promised unspecified changes. "The tariffs imposed by China today lead to greater worries that we will see escalating tariffs and the possibility of a much bigger impact than investors were anticipating last week".
  • NextEra Energy sells 396 MW wind, solar portfolio in Canada

    NextEra Energy sells 396 MW wind, solar portfolio in Canada

    Business

    It has outperformed by 12.47% the S&P500. NextEra Energy Inc had 13 analyst reports since October 8, 2017 according to SRatingsIntel. Therefore 87% are positive. portfolio. Since October 11, 2017, it had 0 buys, and 8 insider sales for $10.89 million activity. The NYSE-listed company saw a recent bid of $178.24 on volume of 4,423,526 shares.
  • (NASDAQ:QCOM) Shares Sold by North Star Asset Management Inc

    Business

    Ims Capital Management who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $79.17 billion market cap company. Old West Investment Management Ltd Liability has 1.11% invested in Chevron Corporation (NYSE:CVX). Old Dominion Capital holds 12,809 shares. Birch Hill Investment Advisors LLC purchased a new position in shares of QUALCOMM, Inc.