Economy

Asda and Sainsbury's in talks of a £10 billion merger deal

Asda and Sainsbury's in talks of a £10 billion merger deal Sky News exclusively revealed on Saturday that the two companies are in negotiations about combining Wal-Mart's Asda business with Sainsbury's , in a deal that would send shockwaves through the entire British retail industry. One source close to Wal-Mart said the merger would allow the two companies to invest in providing more products at lower prices. Consolidation among the big four supermar... [Full Article...]

Not just sedans at stake in Ford's fitness regime

Not just sedans at stake in Ford's fitness regime Ford spokeswoman Kelli Felker says the plant on Chicago's South Side will end production of the Taurus and Police Interceptor by March. Felker says Ford expected demand for those vehicles "to support the same number of employees as we have today". [Full Article...]

Former Clemson CB Byron Maxwell returning to Seattle Seahawks

Former Clemson CB Byron Maxwell returning to Seattle Seahawks The Seahawks drafted Maxwell in the sixth round (173rd pick) of the 2011 NFL Draft. During Maxwell's first four seasons in Seattle as a member of the Legion of Boom, he appeared in two Super Bowls, winning one. The Seahawks made a decision to bring Maxwell back previous year to provide added depth following Richard Sherman's season-ending Achilles injury. Maxwell grew up in North Charleston, SC ... [Full Article...]

Brief Overview on Stock's Performances: Texas Instruments Inc. (TXN)

Gramercy Funds Management Llc who had been investing in Valeant Pharmaceuticals Intl (Call) for a number of months, seems to be bullish on the $6.30 billion market cap company. The firm has a market capitalization of $101,330.12, a P/E ratio of 22.44, a price-to-earnings-growth ratio of 2.13 and a beta of 1.24. First Comml Bank holds 31,459 shares. [Full Article...]

Gilead Sciences (NASDAQ:GILD) Given Daily Media Sentiment Score of 0.15

Inphi Corp now has $1.39B valuation. The stock increased 1.18% or $0.88 during the last trading session, reaching $75.57. About 82,051 shares traded. Inphi Corporation (NYSE:IPHI) has declined 35.04% since April 17, 2017 and is downtrending. [Full Article...]

Intuitive Surgical Inc (NASDAQ:ISRG) Institutional Investor Sentiment Trend

Weitz Investment Management Inc bought 27,740 shares as the company's stock declined 4.18% with the market. About 5.97M shares traded. NOW Inc. (NYSE:DNOW) has declined 37.02% since April 28, 2017 and is downtrending. The company is expected to announce its next earnings report on Thursday, July 19th. Chevy Chase Trust Holdings Inc. boosted its position in Intuitive Surgical by 206.2% during the... [Full Article...]

Drilling Down Into Oracle Corporation (ORCL)

It has outperformed by 23.99% the S&P500. Fj Capital Management Llc decreased United Cmnty Finl Corp Ohio (UCFC) stake by 3.1% reported in 2017Q4 SEC filing. The stock has "Buy" rating by Jefferies on Monday, July 24. The rating was initiated by Cowen & Co on Friday, June 24 with "Outperform". Now we move forward to see the historical returns of Oracle Corporation which is United States of A... [Full Article...]

Barclays Lowers Summit Midstream (NYSE:SMLP) Price Target to $15.00

NYSE:SMLP traded up $0.10 during mid-day trading on Friday, reaching $15.30. Turning to some additional metrics for Hess Midstream Partners LP (HESM), we note that the shares now have a 50-day Moving Average of 19.87, the 200-day Moving Average is 20.48, and the 7-day is noted at 20.1. [Full Article...]

Investors Sell Shares of The Coca-Cola (KO) on Strength (KO)

Rowland & Company Investment Counsel who had been investing in Coca Cola Company for a number of months, seems to be less bullish one the $184.70 billion market cap company. The ratio dived, as 319 funds increased or started new stock positions, while 257 sold and decreased positions in Crown Castle International Corp . South State Corporation reported 254,897 shares or 1.26% of all its holdings. [Full Article...]

Consensus EPS in Focus for The Home Depot, Inc. (NYSE:HD)

Brown Capital Management Llc who had been investing in Sasol Ltd for a number of months, seems to be bullish on the $22.82 billion market cap company. ( NYSE :HD). Bollard Grp Inc Ltd Liability invested in 5,491 shares. Home Depot Inc now has $214.94 billion valuation. Dimensional Fund Advsrs Lp reported 307,442 shares or 0% of all its holdings. [Full Article...]

Mitel Networks Corp (MITL): Stock's Stunning Activities

Mitel Networks Corp (MITL): Stock's Stunning Activities The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, "New Concepts in Technical Trading Systems". The modest value of the stock is known as the current ABR of the stock. The stock is now showing YTD performance of 35.24 Percent. Likewise, the performance for the quarter was recorded as -3.40% and for the year was 16.10%. [Full Article...]

Jefferies Group Weighs in on Boeing's Q2 2018 Earnings (BA)

Citigroup Inc now has $175.92 billion valuation. The stock increased 3.25% or $1.67 during the last trading session, reaching $53.05. Riverpoint Cap Mngmt holds 5,886 shares. Everett Harris Ca reported 0.94% in Facebook, Inc. Flaherty & Crumrine Inc holds 12.03% of its portfolio in CIT Group Inc . for 87,960 shares. Following the purchase, the director now directly owns 3,721 shares in the co... [Full Article...]

Woman forced to drink alcohol, 'raped' by Ola driver's friend in Noida

Woman forced to drink alcohol, 'raped' by Ola driver's friend in Noida The woman had booked the cab from Sector 126 in Greater Noida to Surajpur. She agreed, being unaware of their devious ideas, ANI reported. The victim, who booked the cab, was forced to consume alcohol in the vehicle after which the cab was taken to a forest area near Jarcha. [Full Article...]

Finisar Corp. (FNSR) EVP Todd Swanson Sold 6183 Shares

Investors saw a positive move of 0.63% in last five trading days. About 854,906 shares traded. Since April 26, 2017 FNSR has declined 45.10% and is downtrending. Utd Services Automobile Association holds 0.01% or 93,852 shs in its capital. Avalon Advsrs Lc holds 0.09% or 58,860 shares. Wells Fargo Mn holds 0% or 471,917 shares in its portfolio. [Full Article...]

It was Gambhir's decision to sit out: Shreyas Iyer

It was Gambhir's decision to sit out: Shreyas Iyer The sensational Shaw made 62 off 44, including two maximums and seven fours, before his sublime innings was shut down when Piyush Chawla (1-33) sent his middle stump tumbling. Then, Trent Boult brought an end to Sunil Narine's (26 off 9 balls) mini cameo. Captain Dinesh Karthik had an enormous task at hand as his side was reeling at 51 for four after six overs but all he managed was 18 off as many... [Full Article...]

Friday forecast: Warm today, cooler but still a nice weekend ahead

Friday forecast: Warm today, cooler but still a nice weekend ahead After that, we have high pressure take control of our weather pattern which will allow temperatures to steadily climb through the week. EXTENDED: Saturday will start off cool with morning temperatures in the 40s but sunny skies will bring temperatures up into the low to mid 60s as a cool northerly breeze increases up to 10 miles per hour. [Full Article...]

Sherwin Williams Co Sentiment Worsening on Low Stock Potential

The stock decreased 1.94% or $4.74 during the last trading session, reaching $239.91. Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, April 24th. As per Friday, July 21, the company rating was upgraded by Credit Suisse. The rating was downgraded by Stifel Nicolaus on Thursday, May 11 to "Buy". The rating was upgraded by Seaport Global to "Buy" on Friday, February 2. [Full Article...]

Investors Buy Large Volume of Put Options on Sinclair Broadcast Group (SBGI)

Raging Capital Management Llc bought 461,700 shares as the company's stock declined 16.75% with the market. The institutional investor held 290,371 shares of the technology company at the end of 2017Q4, valued at $51.24 million, down from 337,022 at the end of the previous reported quarter. [Full Article...]

Girard Partners LTD. Cuts Holdings in Merck & Co. (NYSE:MRK)

The stock decreased 0.85% or $0.22 during the last trading session, reaching $25.52. NewSquare Capital LLC now owns 14,801 shares of the company's stock worth $115,000 after purchasing an additional 13,014 shares during the last quarter. SunTrust maintained it with "Buy" rating and $7300 target in Friday, July 28 report. DZ Bank raised shares of Merck & Co. from a "hold" rating to a "buy" rating i... [Full Article...]

How Have Bank of America Corporation (BAC) Earnings Outlook Changed?

The business's quarterly revenue was up 4.1% compared to the same quarter last year. analysts expect that Bank of America will post 2.54 earnings per share for the current fiscal year. First City Capital Management Inc. boosted its stake in shares of Bank of America by 0.7% during the 2nd quarter. Nine equities research analysts have rated the stock with a hold rating and fifteen have assigned a b... [Full Article...]


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