Business

Business Asean, China adopt code of conduct framework for South China Sea
Author: 0 Asean, China adopt code of conduct framework for South China Sea

Also speaking to reporters, Mr Wang said the meeting went "very well". Instability in the Korean Peninsula has long anxious the Philippines due to the large presence of Filipino workers there, numbering at least 57,000. In a press briefing, Philippine Department of Foreign Affairs (DFA) acting Spokesperson Robespierre Bolivar said foreign ministers of 10-member regional bloc and China adopted the COC framework at the 50th ASEAN Foreign Ministers' Meeting (AMM) and related meetings held here.

Author: 0 Dominion Diamond Corp (NYSE:DDC) Sentiment Increased in Q4 2016

Scotiabank increased their target price on Dominion Diamond Corporation from $14.00 to $14.50 and gave the stock an "outperform" rating in a research report on Thursday, June 1st. Dominion Diamond Corp had 18 analyst reports since August 25, 2015 according to SRatingsIntel. Dominion Diamond Corporation announced that its board has approved a stock buyback plan on Monday, July 17th that allows the company to buyback outstanding shares.

Author: 0 EQT Midstream Partners, LP (NYSE:EQM) Upgraded to Hold by BidaskClub

BNP Paribas Arbitrage SA now owns 13,900 shares of the pipeline company's stock valued at $421,000 after buying an additional 6,500 shares during the last quarter. Stockholders of record on Tuesday, August 8th will be given a dividend of $0.78 per share. On average, equities analysts predict that Shell Midstream Partners, L.P.

Business International Trade Balance Narrowed in June
Author: 0 International Trade Balance Narrowed in June

Real goods exports surged to an all-time high of $126.9 billion in June, buoyed by record high petroleum exports. May's trade deficit was revised slightly down to $46.4 billion from the previously reported $46.5 billion. The government also reported Friday that the USA added 209,000 new jobs in July. There were decreases in imports of industrial supplies and materials.

Business Bitcoin cash slumps 62pc but Coinbase vows to support it
Author: 0 Bitcoin cash slumps 62pc but Coinbase vows to support it

It is stored across multiple computers. Despite rumors, Bitcoin Cash has performed well and is now the third most valuable cryptocurrency - right below the Bitcoin and Ethereum . But that is not the overriding concern of change advocates. So, customers who wanted to access Bitcoin Cash were told to withdraw their Bitcoin before the beginning of August.

Business United Kingdom in £36bn 'Brexit bill' offer to win trade deal
Author: 0 United Kingdom in £36bn 'Brexit bill' offer to win trade deal

Three separate sources within the United Kingdom civil service and government with knowledge of the UK's Brexit negotiating strategy have confirmed the figure, dismissing previous reports that British Prime Minister Theresa May would agree to a50-billion-pound bill as "too high".

Business GST Council to discuss e-Way Bill, anti-profiteering body
Author: 0 GST Council to discuss e-Way Bill, anti-profiteering body

The Minister said work contracts under GST will be taxed at 12 percent with input tax credit. The increase in the new registrations comes as a boost for the government which had been eyeing a widening of the tax base. Also norms for the eWay bill is to be finalised at the GST council meet today. He said there will be no check posts and the process will be technology driven.

Business Spire Healthcare Group PLC (SPI) Given Average Recommendation of
Author: 0 Spire Healthcare Group PLC (SPI) Given Average Recommendation of "Hold" by Brokerages

They expect $0.23 EPS, up 109.09% or $0.12 from last year's $0.11 per share. JE's profit will be $5.76M for 34.00 P/E if the $0.04 EPS becomes a reality. Therefore 63% are positive. Royal Bank Of Canada cut shares of Homeserve plc to a sector performer rating and raised their price target for the stock from GBX 710 ($9.25) to GBX 750 ($9.77) in a report on Wednesday, May 24th.

Business New Brunswick Sees Drop in Unemployment in July
Author: 0 New Brunswick Sees Drop in Unemployment in July

In Ontario, the unemployment rate fell to 6.1 per cent in July, down from 6.4 per cent in June with a solid gain of 26,000 jobs, mainly in the service sector. It's still the case that jobs are being created. Canada's economy added 11,000 jobs last month, and more than 387,000 jobs in the past 12 months - the strongest 12-month figure in a decade.

Business Major power outage at Bell and Telus in the Maritimes
Author: 0 Major power outage at Bell and Telus in the Maritimes

The Nova Scotia Emergency Management Office was asking callers to use a working landline. In Nova Scotia, the emergency health services agency said the province-wide communications outage has prompted them to call all of their on-duty teams back to their stations and to monitor their electronic tablets for calls for service.

Business Vetr Inc. Downgrades Applied Optoelectronics, Inc. (AAOI) to Buy
Author: 0 Vetr Inc. Downgrades Applied Optoelectronics, Inc. (AAOI) to Buy

Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since August 4, 2016 and is uptrending. Geode Capital Management LLC boosted its position in shares of Applied Optoelectronics, Inc . Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Applied Optoelectronics investors. Also, General Counsel David C.

Business Wall Street ends higher as Dow posts eighth straight record
Author: 0 Wall Street ends higher as Dow posts eighth straight record

In 2016, investment bank Piper Jaffray estimated gross margins on Apple's services business hovered at 60 percent for fiscal 2015, almost doubling the percentage gleaned from the company's hardware -and there is no indication that the gross margin has decreased.

Business Trader Alert: Unusual Volume Spotted in Rockwell Collins, Inc. (NYSE:COL)
Author: 0 Trader Alert: Unusual Volume Spotted in Rockwell Collins, Inc. (NYSE:COL)

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. increased its position in Rockwell Collins by 3,360.5% in the first quarter. This repurchase authorization permits the aerospace company to repurchase up to 1.2% of its shares through open market purchases. The company has Beta Value of 0.78 and ATR value of 2.82.

Business NCC Group PLC (NCC) Stock Rating Lowered by Berenberg Bank
Author: 0 NCC Group PLC (NCC) Stock Rating Lowered by Berenberg Bank

The rating was maintained by Investec on Thursday, January 12 with "Buy". 24/01/2017 - Essentra had its "Neutral" rating reiterated by analysts at Citigroup. Stonebridge Cap Mgmt reported 0.09% in Greencore Group plc (LON:GNC). 34,325 are held by Goelzer Inv Management. Essentra plc is a supplier of plastic, fiber, foam and packaging products.

Author: 0 Barrick Gold Corporation (ABX) has a Market value of 18.2 Billion

The stock has "Buy" rating by Goldman Sachs on Wednesday, October 5. Among 23 analysts covering Barrick Gold Corp. Similarly, the company's Director, Senior Officer Thornton, John Lawson on 2014-12-04 Buy 31900 shares of the company at a price of $12.01.

Business Hyperloop One's passenger pod nearly hit 200 miles per hour in its latest test
Author: 0 Hyperloop One's passenger pod nearly hit 200 miles per hour in its latest test

The plans for his "Boring Company" were previously limited to networks of tunnels under cities, but the new hyperloop project raised an interesting question: who will be building the hyperloop technology for the project? The hyperloop system is created to send pods carrying cargo or people through low-pressure tubes for long distances at passenger jet speeds.

Business The Kraft Heinz Company (KHC) Increases Dividend to $0.63 Per Share
Author: 0 The Kraft Heinz Company (KHC) Increases Dividend to $0.63 Per Share

KHC has been the subject of a number of research reports. BidaskClub downgraded The Kraft Heinz from a "sell" rating to a "strong sell" rating in a research report on Wednesday, July 5th. While the company saw gains related to Easter sales - due to the holiday's relatively late date this year - as well as in frozen food, macaroni and cheese, and condiments and sauces, a loss of distribution, higher commodity prices in cheese and meats and lower foodservice shipments nullified the cash ...

Business Tarbox Family Office Inc. Maintains Stake in Wells Fargo & Company (NYSE:WFC)
Author: 0 Tarbox Family Office Inc. Maintains Stake in Wells Fargo & Company (NYSE:WFC)

It has a 27.86 P/E ratio. Janus Capital Management has an ownership of 4,637,848 stocks of the financial services provider's shares valued at $255,592,000 after scooping up an extra 278,612 shares through out the previous quarter, Lastly, SRS Capital Advisors bought a new stake in stocks of Wells Fargo & in Q4 which is worth at $2,393,000.

Business UK New Car Sales Decline On Weak Demand: SMMT
Author: 0 UK New Car Sales Decline On Weak Demand: SMMT

Sue Robinson, Director of the NFDA, said: "The new auto market remains on course for a near record year with 1,563,808 vehicles registered in the year to date and strong growth in used vehicle sales". There are two key points to be drawn from these figures. Business sales dropped by 23.8% and private registrations fell by 6.8%. Secondly, the political backlash against diesel cars, driven by concerns about urban air quality, is having a significant effect.

Business Volkswagen executive pleads guilty in USA in diesel emissions scandal
Author: 0 Volkswagen executive pleads guilty in USA in diesel emissions scandal

Volkswagen earlier this year pleaded guilty to criminal charges stemming from the scandal, and other individuals were also charged. Schmidt's attorney declined to comment after the plea hearing. The engineer told the judge he "omitted information about how VW intentionally installed defeat devices" during August 2015 discussions with regulators who had been probing the high output of pollutants from Volkswagen vehicles.

Business Guilty: 'Pharma Bro' Martin Shkreli Convicted Of Securities Fraud
Author: 0 Guilty: 'Pharma Bro' Martin Shkreli Convicted Of Securities Fraud

Those included conspiracy to commit securities fraud, and two counts of securities fraud. "Before he made headlines as the CEO of Turing Pharmaceuticals, Shkreli founded a pharmaceutical company, Retrophin , and a pair of hedge funds , MSMB Capital Management and MSMB Healthcare".

Business European Union to Expand Russia Sanctions Over Crimea Siemens Scandal
Author: 0 European Union to Expand Russia Sanctions Over Crimea Siemens Scandal

Siemens says it has evidence that all four turbines it delivered for a project in southern Russian Federation had been illegally moved to Crimea. The EU has placed targeted sanctions on more than 150 mainly Russian officials and 40 entities, imposed broad economic sanctions on Russia and banned a wide range of economic ties with firms in Crimea and Sevastopol.

Business VW plans 'cash-for-clunkers' scheme for diesel cars
Author: 0 VW plans 'cash-for-clunkers' scheme for diesel cars

A USA federal judge ruled in a civil lawsuit in April 2017 that Volkswagen "must pay a. 2.8 billion-dollar criminal fine for rigging diesel-powered vehicles to cheat on government emissions tests". US authorities are confronted with the issue that most of their leading suspects are in Germany where they now do not face the risk of extradition.

Author: 0 Bustling Stock in Focus: Marathon Oil Corporation (NYSE:MRO)

About 5.86 million shares traded. Are Marathon Oil Corporation (NYSE:MRO) Earnings Growing Rapidly? It has underperformed by 16.70% the S&P500. The stock has gained 0.31%, reaching at $6.54 after hovering between $6.53 and $6.57. Therefore 100% are positive. The average analysts gave this company a mean recommendation of 2.50. RBC Capital Markets has "Buy" rating and $69 target.

Business Activision Blizzard, Inc. (ATVI) Q2 Earnings Recap
Author: 0 Activision Blizzard, Inc. (ATVI) Q2 Earnings Recap

Ngam Advisors Lp decreased Activision Blizzard Inc ( ATVI ) stake by 9.4% reported in 2016Q4 SEC filing. The latest exchange of 3.54 Million shares is below its average trading activity of 5.46 Million shares. First City Cap Management reported 0.21% in Activision Blizzard, Inc . Boot Barn Holdings, Inc. has 2 buy ratings, 3 holds and 0 sells even after the stock tumbled -50.46% from its high of $17.26 to a $222.13 million market value through last close.

Business Avon Products, Inc. (NYSE:AVP) PT Lowered to $2.75 at UBS AG
Author: 0 Avon Products, Inc. (NYSE:AVP) PT Lowered to $2.75 at UBS AG

The stock decreased 10.71% or $0.36 during the last trading session, reaching $3. Stifel Nicolaus reiterated a "hold" rating on shares of Avon Products in a research report on Thursday. COPYRIGHT VIOLATION WARNING: This article was originally posted by Stock Observer and is owned by of Stock Observer. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and worldwide trademark & copyright law.

Business Fire breaks out at Japan's iconic Tsukiji fish market
Author: 0 Fire breaks out at Japan's iconic Tsukiji fish market

At the time of this post, no injuries have been reported. Tsukiji draws tens of thousands of visitors a year to its stalls laden with exotic species of fish, huge tuna and fresh sushi, part of a tourism boom that is a key part of Prime Minister Shinzo Abe's economic plan.

Business Bengaluru techie arrested for stealing Aadhaar data
Author: 0 Bengaluru techie arrested for stealing Aadhaar data

Identified as Abhinav Shrivastav, the techie was an MSc graduate from IIT-Kharagpur and worked at Ola . A case was registered against the 31-year-old by the Deputy Director of UIDAI on July 26. Some 50,000 people used Aadhar e-KYC verification from Google Play Store. It was something he did on his own, moonlighting after his day job with Ola Cabs.

Business SCS Group PLC (SCS) Receives Buy Rating from FinnCap
Author: 0 SCS Group PLC (SCS) Receives Buy Rating from FinnCap

Brandywine Realty Trust now has $2.99 billion valuation. The stock decreased 0.95% or $0.41 during the last trading session, reaching $42.57. About 10,407 shares traded. As per Thursday, October 15, the company rating was maintained by Raymond James. The firm has "Market Perform" rating by BMO Capital Markets given on Thursday, August 3.

Business ADP Says Activist Investor William Ackman Seeks a Shake-Up
Author: 0 ADP Says Activist Investor William Ackman Seeks a Shake-Up

ADP also argued that because its shareholder return under Mr. Rodriguez's tenure as CEO has been stronger than Mr. Ackman's performance at Pershing and no executive changes are needed. The Roseland, N.J., human-resources software company said its board unanimously rejected the "last-minute" request, as the deadline for board nominees has been public for almost a year.

Business US Economy Adds 209000 Jobs In July; Unemployment Dips To 4.3 Percent
Author: 0 US Economy Adds 209000 Jobs In July; Unemployment Dips To 4.3 Percent

Those contracts also put the odds of a rate hike December at over 40 percent. It was the 82nd consecutive month of jobs growth. The US released its own jobs report at the same time. Food services, drinking places, professional and business services and health care all saw gains. Still, Canada's labor market has picked up in the previous year, adding 387,600 jobs since last July, with 353,500 of those full-time positions.

Business (SNAP) Rating Lowered to Hold at Vetr Inc
Author: 0 (SNAP) Rating Lowered to Hold at Vetr Inc

In addition, with advertising revenues growing by 286% last quarter, this was unbelievably lower than analysts had expected, and in the process having negative connotations to the stock and continuing this downward trend. Raymond James Financial, Inc. initiated coverage on shares of Snap in a research note on Tuesday, April 25th. COPYRIGHT VIOLATION WARNING: This article was published by Rincon Hill News and is the property of of Rincon Hill News.

Business Uefa Champions League 2017-18 play-off draw
Author: 0 Uefa Champions League 2017-18 play-off draw

They will be seeded for said draw, and with the third qualifying round coming to an end on Wednesday, their pool of potential opponents has been reduced. Leigh Griffiths scored in the 1-1 draw away from home before opening the scoring in the return tie at Celtic Park. After a fourth-place finish in the Bundesliga last season - the Sinsheim club's best-ever position - Hoffenheim earnt the right to qualify for the Champions League proper through the competition's play-off round.

Business Occidental Petroleum Turns To Profit In Q2
Author: 0 Occidental Petroleum Turns To Profit In Q2

The company's 50-day moving average is $5.38 and its 200 day moving average is $8.35. Finally, FBR & Co cut their price objective on Whiting Petroleum Corporation from $13.00 to $11.00 and set a "mkt perform" rating on the stock in a research report on Wednesday, May 10th.

Business Energizer Holdings, Inc. (ENR) Stake Lowered by US Bancorp DE
Author: 0 Energizer Holdings, Inc. (ENR) Stake Lowered by US Bancorp DE

State Treasurer State of MI now owns 25,444 shares of the company's stock valued at $1,222,000 after buying an additional 300 shares during the period. Leavell Mgmt Incorporated invested in 8,375 shares or 0.05% of the stock. This represents a $1.10 annualized dividend and a dividend yield of 2.59%. On 1/30/2017 Energizer Holdings announced a quarterly dividend of $0.28 2.18% with an ex dividend date of 2/16/2017 which will be payable on 3/14/2017.

Business Jacobs Engineering to Purchase CH2M
Author: 0 Jacobs Engineering to Purchase CH2M

Finally, FMR LLC raised its stake in shares of Jacobs Engineering Group by 1.8% in the first quarter. LLC now owns 2,032 shares of the construction company's stock worth $112,000 after buying an additional 1,364 shares during the last quarter.

Business Advantage Oil & Gas Ltd
Author: 0 Advantage Oil & Gas Ltd

They now have a GBP 123.00p price target on the stock. Manufacturers Life Ins The reported 0.01% in Cabot Oil & Gas Corporation (NYSE: COG ). Among 4 analysts covering Trinity Biotech ( NASDAQ:TRIB ), 2 have Buy rating, 0 Sell and 2 Hold.

Business Bristol-Myers Squibb Company (BMY) Shares Sold by PBWM Holdings LLC
Author: 0 Bristol-Myers Squibb Company (BMY) Shares Sold by PBWM Holdings LLC

The rating was upgraded by BTIG Research on Friday, March 31 to "Buy". An M-Score lower than -2.22 indicates that the company will not be a manipulator. How Company Returns Shareholder's Value? As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Bristol-Myers Squibb Company (NYSE:BMY).

Business GoPro, Inc. (NASDAQ:GPRO) Shares Sold by Ameriprise Financial Inc
Author: 0 GoPro, Inc. (NASDAQ:GPRO) Shares Sold by Ameriprise Financial Inc

They presently have a $8.09 target price on the stock. Stifel Nicolaus reiterated a "hold" rating and issued a $9.00 price target on shares of GoPro in a research report on Monday, April 17th. In other news, Director Anthony John Bates sold 41,076 shares of the company's stock in a transaction dated Tuesday, June 6th. They now have a United States dollars 8.5 price target on the stock.

Business Toyota and Mazda May Collaborate to Build New US Factory
Author: 0 Toyota and Mazda May Collaborate to Build New US Factory

Toyota Motor Corp. and Mazda Motor Corp. plan to form a capital tie-up to jointly deal with stricter worldwide environmental regulations, sources said August 4. Each automaker would sell the cars they build at the plant via their own channels. Mazda already builds cars - the Toyota Yaris and Yaris iA - for Toyota at a plant in Salamanca, Guanajuato, Mexico.

Business Arun Jaitley indicates scope for rationalisation of rates under GST
Author: 0 Arun Jaitley indicates scope for rationalisation of rates under GST

Responding to a Zero Hour question in the Parliament, he said the government has already floated a deposit scheme to protect the interests of senior citizens that guarantees 8-plus percent interest rate. State-run State Bank of India (SBI) on Monday announced a 50 basis points (bps) cut in the interest rates for savings accounts having deposits below Rs 1 crore.

Business Uber takes action to fix unsafe cars rented to Singapore drivers
Author: 0 Uber takes action to fix unsafe cars rented to Singapore drivers

The WSJ cited internal Uber documents and interviews with people familiar with Uber's operations. Yahoo News Singapore has reached out to the Land Transport Authority for comment. Bloomberg reported previous year that Uber's lease contracts shackled some subprime borrowers to vehicles they couldn't afford. The overheating and fire dangers weren't mentioned.

Business Donald Trump Reportedly Using The Justice Department To Go After Affirmative Action!
Author: 0 Donald Trump Reportedly Using The Justice Department To Go After Affirmative Action!

The Trump administration plans to have the U.S. Department of Justice's civil rights division investigate and sue colleges and universities for their affirmative action admissions policies, according to the New York Times . However, the Times also noted that some welcomed the announcement and perceive the project as "long overdue". Rachael Dane, a spokesperson for Harvard, said the university was "committed to enrolling diverse classes of students".

Business Chesapeake Utilities Corporation (NYSE:CPK) to Issue Quarterly Dividend of $0.33
Author: 0 Chesapeake Utilities Corporation (NYSE:CPK) to Issue Quarterly Dividend of $0.33

Finally, Royal Bank Of Canada started coverage on Chesapeake Utilities Corporation in a research report on Wednesday, April 26th. They presently have a $5.00 target price on the oil and gas exploration company's stock. Following the purchase, the director now directly owns 440,355 shares in the company, valued at approximately $2,201,775. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link .

Business Papa John's International, Inc. (NASDAQ:PZZA) To Report Earnings
Author: 0 Papa John's International, Inc. (NASDAQ:PZZA) To Report Earnings

Even with Wednesday's boost, Papa John's shares are still down about 12 percent so far this year. (NASDAQ: PZZA ). Florida-based Voloridge Investment Management Ltd Liability has invested 0.11% in Papa John's Int'l, Inc . Here we'll take a quick glance at how the stock price is now trading in relation to some of its simple moving averages. As of August 2, 2017, Papa John's was trading at a forward PE multiple of 24.7x, compared with 23.1x before the announcement of its 2Q17 earnings.

Business Amazon.com, Inc. (AMZN) Plans First Australia Warehouse Near Melbourne
Author: 0 Amazon.com, Inc. (AMZN) Plans First Australia Warehouse Near Melbourne

Amazon's director of operations for Australia Robert Bruce said they are thrilled to create hundreds of new roles in Dandenong South. Amazon yesterday confirmed it has acquired a 24,000 square metre fulfilment centre at Dandenong South near Melbourne which will stock hundreds of thousands of products.