Business

Business Hershey to buy SkinnyPop parent Amplify Snack for $1.6B
Author: 0 Hershey to buy SkinnyPop parent Amplify Snack for $1.6B

Amplify Snack Brands now has an average rating of Hold and a consensus target price of $8.75. Including debt, the deal is valued at $1.6 billion. Amplify's largest stockholder, TA Associates, and key company insiders who collectively represent about 57 percent of outstanding shares have agreed to back the deal, the companies said in a joint statement.

Business Pension reforms too late for middle-aged, says Sir Steve Webb
Author: 0 Pension reforms too late for middle-aged, says Sir Steve Webb

In a further move that is likely to be criticised as too costly and bureaucratic, particularly by small employers, Gauke will also unveil plans to ensure that people who are in multiple jobs, but whose combined income totals more than £10,000, are also enrolled by each of their multiple employers.

Business European Union investigating Ikea tax benefits
Author: 0 European Union investigating Ikea tax benefits

Margrethe Vestager, the commissioner responsible for anti-trust matters, said Monday that member states can not allow a select group of companies to pay less tax than others. Belgium has been told to recover a total of 700 million euros from 35 companies, among them Anheuser-Busch InBev ( ABI.BR ), BP ( BP.L ) and BASF ( BASFn.DE ) because of an illegal tax scheme.

Business Amazon investigated by advertising watchdog over delivery complaints as Christmas gifts delayed
Author: 0 Amazon investigated by advertising watchdog over delivery complaints as Christmas gifts delayed

But people are already complaining about late orders which got the attention of the Advertising Standards Authority. An Amazon spokesman told the BBC: "We can confirm the ASA is not now investigating". Amazon Prime's express delivery service costs £7.99 per month after an initial 30-day free trial period. The consumer rights group Which? points out that a company missing its delivery date is in breach of contract.

Business Toyota to market over 10 battery EV models in early 2020s
Author: 0 Toyota to market over 10 battery EV models in early 2020s

By 2025 every model in the Toyota and Lexus line-up around the world will be available either as a dedicated electrified model or have an electrified option. "Even if we develop an advanced solid state battery, there's no way we could mass produce it on our own". The announcement surprised some industry players as the automaker had long touted a green-car strategy focusing mainly on plug-in hybrid and fuel-cell vehicles (FCVs).

Business Oracle To Buy Aconex In US$1.2 Bln Deal
Author: 0 Oracle To Buy Aconex In US$1.2 Bln Deal

Oracle has been looking to refashion its business around internet-based products. The Oracle deal comes in at AU$7.80 a share, a 47 percent premium on Aconex's ASX Ltd. Aconex became Australia's most-shorted stock after its share price fell dramatically earlier this year. The acquisition of Aconex, which offers its own software that connects owners, builders and others involved in construction projects, will improve Oracle's current cloud computing solution for managing construction and ...

Business Unilever to sell margarine and spreads business to PE giant KKR
Author: 0 Unilever to sell margarine and spreads business to PE giant KKR

Unilever's spreads operation, which includes brands such as Country Crock and I Can't Believe It's Not Butter, has suffered from declining sales in Europe and the USA for years as consumers switched to butter. It plans to sell its underperforming spreads business, which could yield up to £6bn. At a valuation of more than $8 billion, the KKR-Unilever spreads deal would rank as the second largest PE transaction in Europe so far this year after China Investment Corp.'s $13.7 billion deal to ...

Author: 0 Traders Buy Shares of Alibaba Group (BABA) on Weakness

It has outperformed by 4.48% the S&P500. All-Stars Investment Ltd decreased Alibaba Group Hldg Ltd ( BABA ) stake by 67.4% reported in 2017Q2 SEC filing. (NYSE:HD) for 16,907 shares. State Bank Of New York Mellon Corp holds 503,258 shares. Bnp Paribas Arbitrage stated it has 777,301 shares. Front Barnett Assoc Lc invested in 1,205 shares.

Author: 0 Aldebaran Financial Inc. Boosts Holdings in Apple Inc. (AAPL)

About 3.40M shares traded or 90.17% up from the average. It has outperformed by 45.78% the S&P500. Mastrapasqua Asset Management Inc decreased its stake in Facebook Inc (FB) by 2.56% based on its latest 2017Q2 regulatory filing with the SEC.

Business All set for counting as BJP, Congress vie for power
Author: 0 All set for counting as BJP, Congress vie for power

Congress spokesperson Shobha Oza said: "People have got sick and exhausted of the 22 years of BJP misrule in Gujarat ". Chief Minister Virbhadra Singh, 83, who held the state's top post six-times, won an internal battle in his party the Congress to get projected again for the top post.

Business Power outage suspends flights at Atlanta airport
Author: 0 Power outage suspends flights at Atlanta airport

Airport officials told NBC News that electrical issues at a Georgia substation "has impacted the power at the airport". An airport customer service representative confirmed a power outage, but could not say how much of the airport was affected.

Business Israeli workers strike nationwide to protest Teva layoffs
Author: 0 Israeli workers strike nationwide to protest Teva layoffs

The company's restructuring plan, announced last week, will see the firing of 14,000 Teva workers worldwide over the next two years, more than a quarter of Teva's global workforce of over 55,000. Some beat drums and carried placards blaming Teva's management for the crisis. A statement from his office said Netanyahu was aiming to "reduce the damage to workers, do everything possible to avoid the closure of the factory in Jerusalem, and ensure Teva remained an Israeli firm".

Author: 0 EPS Forecast Revision Scan: Kimco Realty Corporation (KIM)

The stock increased 0.04% or $0.01 during the last trading session, reaching $27.82. About 7.75 million shares traded or 108.37% up from the average. That's a potential 7.37 increase relative to where Duke Realty Corporation (NYSE:DRE) has been trading recently.

Author: 0 (NASDAQ:AMAT) Shares Bought by Wells Fargo & Company MN

The stock increased 1.11% or $1.43 during the last trading session, reaching $130.6. About 794,661 shares traded or 188.31% up from the average. (NASDAQ: AMAT ). Applied Materials is in a great position to grow sustainably and profitably based on its strong pipeline of enabling technologies, supported by expanding opportunities on the semiconductor and display fronts.

Business Sir Bradley Wiggins' wife Catherine sorry for Chris Froome 'reptile' barb
Author: 0 Sir Bradley Wiggins' wife Catherine sorry for Chris Froome 'reptile' barb

Four-time Tour de France victor Froome had double the permitted level of the asthma drug salbutamol in a urine test taken during his victory in La Vuelta in September. "I know that within me fundamentally I have followed the protocol and I have not overstepped any boundaries", Froome said, "and I hope by the end of this process that will be clear to everyone and I'll be exonerated of any wrongdoing".

Author: 0 Amazon to start selling Apple TV and Google Chromecast

Amazon has also been rather tight with regard to their Amazon Prime Video service with limited availability on Android devices and blocking streaming to Chromecast devices despite having a fully functional app for their own Android-powered Fire devices.

Author: 0 Trump touts GOP tax plan before departing for Camp David

The final bill preserves the tax, but temporarily doubles those thresholds - in 2026, the status quo estate tax go back into effect (watch out for an uptick in patricides among the one percent in 2025). The plan eliminates personal exemptions and a slew of itemized deductions but almost doubles the standard deduction in a bid to make tax filing simpler and to reduce rates.

Business BP To Invest $200 Million In Solar
Author: 0 BP To Invest $200 Million In Solar

BP has said the promising "fundamentals" behind the current global solar market triggered it to re-enter and the petrol giant now has ambitious plans for worldwide growth. Lightsource is into acquisition, development and long-term management of large-scale solar projects. "Not only does this partnership make strategic sense, but our combined forces will be part of accelerating the low-carbon transition.

Author: 0 Activision Blizzard (NASDAQ:ATVI) Rating Increased to Buy at Vetr

The company saw 4.72 million shares trade hands over the course of the day. Cavium, Inc. (NASDAQ:CAVM) has risen 55.16% since December 16, 2016 and is uptrending. Activision Blizzard has a twelve month low of $35.86 and a twelve month high of $67.03. (NASDAQ: ATVI ) on Wednesday, October 11 with "Buy" rating. Stock" on December 12, 2017, also Investorplace.com with their article: "Why Activision Blizzard, Inc.

Business Uber accused of espionage, bribery and hacking by former employee
Author: 0 Uber accused of espionage, bribery and hacking by former employee

Jacobs' attorneys as part of a settlement they successfully pursued following his firing weeks earlier. U.S. District Judge William Alsup will determine what, if any, consequences Uber faces for not turning over the letter. The case was set to go to trial earlier this month but was delayed until February because of the revelation of the Jacobs letter . In a section beginning on page 13, under a bolded subhead that reads "Waymo", the letter says Jacobs heard an account from another ...

Business Sri Lanka announce T20I squad for India series, Lasith Malinga rested
Author: 0 Sri Lanka announce T20I squad for India series, Lasith Malinga rested

On the batting front, Kusal Perera is in the competition along with Sadeera Samarawickrama, Danushka Gunathilaka and Upul Tharanga for top-order places. The seam-heavy squad features only one specialist spinner in the form of Akila Dananjaya. Sri Lanka are presently playing three-match ODI series against India which is leveled at 1-1 with the decider scheduled to take place in Visakhapatnam on Sunday.

Author: 0 Russell Investments Group Ltd. Grows Holdings in Cedar Realty Trust, Inc. (CDR)

Digital Realty Trust, Inc.'s P/E ratio is 93.56. The rating was maintained by Cowen & Co on Friday, August 25 with "Buy". As per Thursday, August 11, the company rating was maintained by Citigroup. (NYSE:DLR). Verition Fund Mngmt Lc stated it has 4,222 shares. Nasdaq.com's news article titled: "Analysis: Positioning to Benefit within First Industrial Realty Trust, Texas ..." with publication date: December 01, 2017 was also an interesting one.

Business GST Council firm on e-way Bill despite traders' concern
Author: 0 GST Council firm on e-way Bill despite traders' concern

Although the national e-way bill system will be available from January 16, states can choose their own dates earlier than June 1, 2018 for rolling out e-way bill. The Council in its meeting, chaired by Finance Minister Arun Jaitley , reviewed the progress of readiness of hardware and software required for the introduction of nationwide e-way Bill system, being developed by National Informatics Centre (NIC) along with GST Network.

Author: 0 RSI Alert - MGIC Investment Corporation (NYSE: MTG)

Johnson & Johnson now has $382.72B valuation. The stock was trading at a distance of -3.20% from its 52-week highs and stands 56.40% away from its 52-week lows. 36 funds opened positions while 93 raised stakes. Oppenheimer Asset Mgmt holds 167 shares or 0% of its portfolio. Cipher Cap Ltd Partnership has invested 0.17% in MGIC Investment Corporation (NYSE: MTG ).

Author: 0 $15.33 Billion in Sales Expected for Walt Disney Co (DIS) This Quarter

Legacy Advisors LLC purchased a new position in shares of Walt Disney in the 3rd quarter worth $137,000. It has underperformed by 7.44% the S&P500. Pictet & Cie Europe Sa sold 12,950 shares as Borgwarner Inc (BWA)'s stock declined 4.67%. Csu Producer Resource Inc stated it has 9.61% of its portfolio in The Walt Disney Company (NYSE:DIS). 15,495 are owned by Comerica Incorporated. First Personal Services invested in 8,509 shares.

Author: 0 Discovery Communications, Inc. (DISCK) Sees Large Growth in Short Interest

As per Thursday, March 16, the company rating was maintained by Scotia Capital. Deutsche Bank maintained the stock with "Hold" rating in Friday, July 14 report. Discovery Communications, Inc. (NASDAQ: DISCA ) has declined 0.88% since December 16, 2016 and is downtrending. Bislett Management Llc increased Discovery Communications Inc New Com Ser A ( DISCA ) stake by 13.95% reported in 2017Q2 SEC filing.

Author: 0 T (TMUS) Shareholder First Washington Corp Trimmed Position

Kames Capital Plc who had been investing in T for a number of months, seems to be less bullish one the $52.57B market cap company. The stock increased 0.38% or $0.235 during the last trading session, reaching $62.795. (NASDAQ: TMUS ) has "Buy" rating given on Friday, July 7 by RBC Capital Markets. As per Friday, July 31, the company rating was maintained by RBC Capital Markets.

Business Govt to bear digital transaction for MDR charges upto Rs 2000
Author: 0 Govt to bear digital transaction for MDR charges upto Rs 2000

A Committee comprising Secretary, Department of Financial Services, Secretary Ministry of Electronics & IT and the CEO, National Payment Corporation of India (NPCI) will look into the industry's cost structure of such transactions to determine reimbursement level.

Business Drug tycoon Barry Sherman found dead with wife
Author: 0 Drug tycoon Barry Sherman found dead with wife

Staff Sgt. Jeff Taylor of Toronto police's 33 Division said officers were called shortly before noon to the home at 50 Old Colony Rd., near Bayview Ave. He also faced legal action, from family members who alleged they had been cut out of the company over the years. She also served on the boards of Mount Sinai's Women's Auxiliary, the Simon Wiesenthal Center and the International American Joint Distribution Committee.

Business Hackers halt plant operations in landmark attack
Author: 0 Hackers halt plant operations in landmark attack

The US government and private cyber-security firms have issued public warnings over the past few years about attempts by hackers from nations including Iran, North Korea and Russian Federation and others to attack companies that run critical infrastructure plants in what they say are primarily reconnaissance operations.

Business Stand-still economy, market balance timeline send oil prices lower
Author: 0 Stand-still economy, market balance timeline send oil prices lower

On Wednesday, OPEC had predicted in its own monthly market report that supply and demand were likely to balance out by the end of 2018 thanks to a pick-up in demand, notably from the transport sector. Meanwhile, US crude West Texas Intermediate (WTI) for deliveries in January increased 14 cents (0.24 percent) and traded at 57.18 dollars . Selling pressure increased after the U.S.

Business Delta orders 100 Airbus planes in blow to Boeing
Author: 0 Delta orders 100 Airbus planes in blow to Boeing

The A321neo aircraft features 197 seats, with 147 of these in the main cabin; satellite WiFi; inflight entertainment features, including video streaming; and a 25% larger overhead storage facility. CNN and Reuters reported yesterday that Airbus had beaten out rival Boeing Co (BA.N) for the order, boosting Airbus' leading share of the market for narrowbody models, while highlighting the increasingly fraught relationship between Delta and Chicago-based Boeing.

Author: 0 Carrizo Oil & Gas, Inc. (CRZO)

Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in OH, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania. Vr Advisory Services Ltd sold 70,000 shares as the company's stock declined 26.59% while stock markets rallied. NTRS was included in 2 notes of analysts from January 3, 2017.

Author: 0 Express Scripts (ESRX) Upgraded to "Buy" at BidaskClub

It has underperformed by 33.62% the S&P500. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. BIDU's profit will be $527.78 million for 37.99 P/E if the $1.52 EPS becomes a reality. Creative Planning owns 859 shares. Investors sentiment increased to 1.33 in Q2 2017.

Business Post offices prepare for holiday shipping
Author: 0 Post offices prepare for holiday shipping

More than 7 million have already enrolled in Informed Delivery , according to a USPS press release. Monday, Dec. 18, is expected to be the busiest mailing day of the year in the state. If you want to avoid higher prices and the stress of wondering whether or not your packages are going to get delivered before Christmas Day, then you need to make sure you head to your nearby post office by Friday.

Author: 0 GOP leaders finalize biggest tax overhaul in 3 decades

Proposed: Owners could apply a 20 percent deduction to their business income, subject to limits that would begin at $315,000 for married couples (or half that for single taxpayers). The IRS had no immediate comment. Those rates generally reduce the current levels by as much as 4 percentage points compared to the current system.

Business Michael Kors Is Stepping Away from Animal Fur in 2018
Author: 0 Michael Kors Is Stepping Away from Animal Fur in 2018

Michael Kors Hldgs Ltd now has $9.29B valuation. It had closed the previous session at $61.1. Given that liquidity is king in short-term, STM is a stock with 913.58 million shares outstanding that normally trades 1.13% of its float. The company was maintained on Thursday , August 11 by Wedbush. Deutsche Bank downgraded the stock to "Hold" rating in Monday, May 15 report. Creative Planning raised its holdings in shares of Michael Kors by 30.8% during the second quarter.

Business Analysts See Coca-Cola European Partners plc (CCE) Rising 11.1%
Author: 0 Analysts See Coca-Cola European Partners plc (CCE) Rising 11.1%

Shares for $4.61M were sold by SMITH BRIAN JOHN on Tuesday, August 15. The Company's segments include Nonalcoholic Beverages and All Other. The company has market cap of $317.67 million. Historical returns can also be useful when estimating where future points of data may fall in terms of standard deviations. Covington Mngmt stated it has 0.59% in The Coca-Cola Company (NYSE:KO).

Business Texas Instruments Inc. (TXN)
Author: 0 Texas Instruments Inc. (TXN)

It has outperformed by 23.61% the S&P500. Recently, shares of United Technologies Corporation (NYSE:UTX) have been seen trading 4.97% away from the 200-day moving average and 3.65% off the 50-day moving average. Following the sale, the director now owns 18,495 shares in the company, valued at $1,783,657.80. Oppenheimer Asset Incorporated reported 56,919 shares stake.

Author: 0 $0.17 EPS Expected for Kinder Morgan, Inc. (KMI)

The stock of Avon Rubber p.l.c. (LON:AVON) earned "Buy" rating by N+1 Singer on Tuesday, October 6. (NYSE: KMI ) or 212,350 shares. Kinder Morgan , Inc ." on December 06, 2017, also Fool.com with their article: "The Simple Reason Why I Won't Buy Kinder Morgan , Inc .

Author: 0 Stock You May Need To Reconsider: Time Warner Inc. (TWX)

The hedge fund run by Matthew Mark held 1.50M shares of the television services company at the end of 2017Q2, valued at $150.62 million, up from 905,000 at the end of the previous reported quarter. Investors sentiment increased to 0.85 in 2017 Q2. Its up 0.12, from 1.2 in 2017Q1. Time Warner Inc. ( TWX ) performance during the last one year degraded -4.87 percent, while its year to date (YTD) performance showed a negative trend of -6.7 percent.

Author: 0 Marathon Oil Corporation (NYSE:MRO) Shorted Shares Increased 3.39% After Market Selling

The company's 3-months average volume stands at 12.72 million. ( MRO ) traded down $0.08 during trading hours on Friday, reaching $15.12. BMO Capital Markets maintained the stock with "Hold" rating in Tuesday, September 5 report. The stock has "Hold" rating by RBC Capital Markets on Thursday, September 7. Let's take a look at how the stock has been performing recently. On Friday, August 28 the stock rating was upgraded by Raymond James to "Outperform".

Business Give the Christmas Spirit at a Purple Kettle Close to You!
Author: 0 Give the Christmas Spirit at a Purple Kettle Close to You!

Last Christmas season, another gold 1979 Krugerrand coin was put into the kettle. In 2015, two rare coins were each wrapped in $100 bills, valued at approximately $550 each. With The Salvation Army's Christmas Kettle Campaign in Thunder Bay $88,000 short of its $200,000 goal, the organization is grateful for its continuing partnership with Walmart Canada.

Business Landon Collins: I guess Eli Apple don't remember things
Author: 0 Landon Collins: I guess Eli Apple don't remember things

The Giants may have blown this season under McAdoo's leadership, but whoever is at the helm next year is going to have a good shot at doing what the team should have done this year. "Sometimes you got to protect these guys from themselves". "I told him I was disappointed". The former first-round draft pick was reportedly ripped during a heated film session amid the losing streak that helped jettison coach Ben McAdoo, almost walked out on his team two different times and then - knowingly ...

Author: 0 Now Are The Time To Reconsider Cisco Systems, Inc. (NASDAQ:CSCO)

The stock increased 1.08% or $0.7 during the last trading session, reaching $65.4. About 25.63 million shares traded. Corning Incorporated (NYSE:GLW) has risen 53.38% since December 15, 2016 and is uptrending. The company has a market capitalization of $188,599.19, a P/E ratio of 17.58, a PEG ratio of 3.45 and a beta of 1.19. The stock of Cisco Systems, Inc .

Business NLRB Overrules Obama-Era Joint-Employer Decision
Author: 0 NLRB Overrules Obama-Era Joint-Employer Decision

The National Labor Relations Board reversed an Obama-era ruling Thursday that had made employers potentially liable for labor-law violations committed by their subcontractors. Franchising or contract labor laws allow companies to avoid the costs of directly employing workers. "This case is not a proper vehicle for reconsidering the joint-employer standard to begin with, and the majority's failure to permit public participation only worsens matters", according to the dissent.

Author: 0 Capital International Investors Sells 865960 Shares of Starbucks Corporation (NASDAQ:SBUX)

The stock decreased 1.25% or $0.11 during the last trading session, reaching $8.67. About 126,430 shares traded or 100.68% up from the average. The firm earned "Neutral" rating on Wednesday, July 13 by Roth Capital. The rating was maintained by Nomura on Friday, November 3 with "Buy". The stock has a consensus rating of "Buy" and an average price target of $63.26.