Business

Business World's biggest Starbucks has opened … in China, of course
Author: 0 World's biggest Starbucks has opened … in China, of course

Chief Executive Officer Kevin Johnson is targeting the Seattle-based company's fastest growing market as it searches for ways to kick-start sluggish global sales after saturating the USA with lattes and cappuccinos. Starbucks expanded its investment in China in July, when it announced plans to buy out the partners in its East China joint venture. The company is playing to that perception with its new Shanghai shop.

Business United Kingdom service sector growth slows as prices rise
Author: 0 United Kingdom service sector growth slows as prices rise

Growth was underpinned by a rise in new orders at businesses from hotels to hairdressers, measured by a survey sub-index which rose to 54.3 from 52.1 in October. "But we should be cautious because the economy may come under rising inflationary pressure at the start of next year due to continued price increases".

Author: 0 Active Volume Stock: Microsoft Corporation (MSFT)

It has outperformed by 17.82% the S&P500. It was reported on Dec, 4 by Barchart.com . ( MSFT ) stake by 6.39% reported in 2017Q2 SEC filing. In other news, EVP Christopher C. Therefore 18% are positive. Microsoft Corporation current annual EPS growth is at 29.10%, thus confirming the 22.31 ratio. Evercore ISI reaffirmed a "buy" rating and set a $80.00 target price on shares of Microsoft in a report on Friday, August 18th.

Business ANC Limpopo nominate Cyril Ramaphosa as preferred presidential candidate
Author: 0 ANC Limpopo nominate Cyril Ramaphosa as preferred presidential candidate

There's still no clarity, however, on exactly who most delegates in Mpumalanga are supporting after the word "unity" appeared on most ballot papers during the provincial general council. Under the stewardship of chairman Sihle Zikalala, the province has not been shy in voicing its support for Dlamini-Zuma. The ANC is set to elect a new leader at a national conference later this month.

Business RBA ends the year with a 'hold' on the cash rate
Author: 0 RBA ends the year with a 'hold' on the cash rate

For the sixteenth consecutive month, the RBA has chose to keep the official cash rate at the record low of 1.50 per cent. There are plenty of reasons for the RBA to leave the cash rate where it is. "We expect some upward pressure on real mortgage rates in the next year as global funding pressures mount, a potential for local rate rises and margin pressure on the banks".

Business Apple to pay back Ireland €13bn in lost tax
Author: 0 Apple to pay back Ireland €13bn in lost tax

Per the Journal , the European Commission says it will not close court proceedings against Ireland until all of the money is transferred. The plan was revealed to reporters just ahead of the minister's meeting with the EU's antitrust chief, who has been chasing down the issue since the ruling past year.

Author: 0 How Many Independence Realty Trust, Inc. (NYSE:IRT)'s Analysts Are Bullish?

The firm has "Hold" rating by Jefferies given on Friday, November 24. Finally, Zacks Investment Research lowered Physicians Realty Trust from a "hold" rating to a "sell" rating in a research report on Wednesday, August 30th. The stock has a market cap of $3,910.61, a price-to-earnings ratio of 21.19 and a beta of 1.02. Accern also gave news headlines about the real estate investment trust an impact score of 46.1319851085603 out of 100, meaning that recent news coverage is somewhat unlikely ...

Author: 0 Short Interest in Bank of America Corp (BAC) Expands By 12.1%

Scholtz & Company Llc increased Bank Of America Corp ( BAC ) stake by 83.63% reported in 2017Q2 SEC filing. Securities Inc holds 30,259 shares with $734,000 value, down from 83,470 last quarter. Its share price has risen 9.38% in three months and is down -0.27% for the last five trades. BAC's profit will be $4.90 billion for 14.95 P/E if the $0.47 EPS becomes a reality.

Author: 0 What do Insider Trends Have to Say About Cisco Systems, Inc. (CSCO)?

The rating was maintained by Citigroup with "Buy" on Thursday, August 18. The rating was maintained by Nomura with "Hold" on Thursday, June 29. Southeast Asset Advisors Inc. Seven Eight Capital LP purchased a new position in shares of Cisco Systems during the fourth quarter valued at about $112,000. (NASDAQ: CSCO ) on Thursday, August 18 with "Buy" rating.

Author: 0 Bridgeway Capital Management INC Has Boosted Coca Cola Co (KO) Holding

Currently The Coca-Cola Company (NYSE:KO)'s shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 67.20%. It has underperformed by 17.65% the S&P500. Sun Life Fin Inc reported 32,671 shares or 0.16% of all its holdings. North American Management Corp increased its stake in Coca-Cola by 10.3% during the 2nd quarter.

Business SEC Emergency Action Halts ICO Scam
Author: 0 SEC Emergency Action Halts ICO Scam

The SEC said in a statement that it had obtained an emergency order to halt the PlexCorps ICO , which had raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month. "This first Cyber Unit case hits all of the characteristics of a full-fledged cyber scam and is exactly the kind of misconduct the unit will be pursuing", said Robert Cohen, chief of the SEC's cyber unit.

Business Dow Reaches Record Closing High But Nasdaq Tumbles
Author: 0 Dow Reaches Record Closing High But Nasdaq Tumbles

Senator Bob Corker, R-Tenn., was the only Republican to vote against the bill amid concerns about the legislation's impact on the budget deficit. Stocks surged early Monday, buoyed by progress on a bill to overhaul the nation's tax code, but faded later in the trading session.

Business Mass. Senate president to step aside as husband is investigated
Author: 0 Mass. Senate president to step aside as husband is investigated

Democratic State Senator Barbara L'Italien of Andover, appearing on a Sunday morning talk show on WCVB-TV, called on Rosenberg to step down during the investigation. Gov. Charlie Baker and Attorney General Maura Healey reacted to the Globe report on Thursday in part by saying an investigation is needed. The allegations come amid a heightened focus on sexual misconduct claims against powerful figures in politics, media and entertainment in recent weeks.

Business Kids learn computer science at Hour of Code event
Author: 0 Kids learn computer science at Hour of Code event

Amazon, Microsoft, and Facebook have donated more than $10 million each to Code.org since its inception. Meanwhile, eight states, 76 school districts and 102 organizations nationwide made pledges to expand access to computer science education to millions of students.

Author: 0 Featured Stock: United States Steel Corp. (X)

Geode Limited Company reported 35,720 shares or 0% of all its holdings. It indicates oversold and overbought price levels for a stock. Riverhead Capital Management LLC now owns 17,616 shares of the basic materials company's stock worth $116,000 after purchasing an additional 7,516 shares during the period.

Business Dialog Semiconductor Expects To Remain Apple's Main Supplier Of PMIC Designs
Author: 0 Dialog Semiconductor Expects To Remain Apple's Main Supplier Of PMIC Designs

Shares of Dialog Semiconductor plunged as much as 23% today after the company acknowledged that Apple could develop its own battery-saving chips for iPhone. On November 30th Patently Apple posted a report titled " Rumor of Apple Developing its own Power Management Chip Drops Dialog Semiconductor's Stock price in Frankfurt ".

Business CBOE to launch bitcoin futures trading Sunday
Author: 0 CBOE to launch bitcoin futures trading Sunday

CBOE said Monday that trading will open at 5 p.m. on Sunday, Dec. 10, with Dec. 11 as the first full day of trading. The race between the two rivals could determine which exchange establishes the dominant bitcoin futures contract . Cboe will waive trading fees for these products for the duration of December. Tyler Winklevoss, Chief Executive Officer of Gemini, said: "Developing a regulated derivatives market is the next logical and crucial step towards advancing the broader digital ...

Business Co-op sells meals after 'finest earlier than' dates in waste crackdown
Author: 0 Co-op sells meals after 'finest earlier than' dates in waste crackdown

Tinned goods and dried food which carry best-before dates - which is a measure of quality, not safety - rather than use-by dates, will be included in the scheme. The East of England Co-op has also launched a new "reduced to clear" policy, offering bigger discounts earlier in the day on foods nearing their use-by dates.

Business The Winklevoss Twins Now Bitcoin Billionaires
Author: 0 The Winklevoss Twins Now Bitcoin Billionaires

The digital currency has surged nearly 10,000 per cent since Tyler and Cameron Winklevoss, 36, first bought into it four years ago. With bitcoin above $11,700, that holding is now worth just over $1 billion U.S. The Winklevoss twins are long-time bitcoin bulls and are also investors in the crypto exchange Gemini. Interestingly, the venture capitalists pointed out that they have not sold a single bitcoin yet, with Cameron Winklevoss stating that the two of them are in for the long ...

Business National Cookie Day 2017: Where to Find Freebies & Deals
Author: 0 National Cookie Day 2017: Where to Find Freebies & Deals

Cookie Day is Coming! Also for a limited time, when a guest purchases an order of the Cookie BonBites , they will receive a free 8-ounce bottle of Fairlife milk while supplies last. It's one of a plethora of "holidays" that exist primarily so businesses can promote themselves , but in this case, the Holiday Industrial Complex is serving up a bunch of free cookies, so maybe we shouldn't complain.

Business Facebook opens new office in London, to hire 800 people
Author: 0 Facebook opens new office in London, to hire 800 people

Speaking of the initiative, Facebook's vice-president for Europe, Middle East, and Asia stated that the company was "more committed than ever to the UK". Other European Union countries have been trying to use the uncertainty surrounding Brexit to poach business. The message is clear: " London is open, and tech is the flag bearer".

Business Golden Krust founder found dead inside factory
Author: 0 Golden Krust founder found dead inside factory

Court documents show Hawthorne was being sued for not giving his Golden Krust workers overtime pay. "It doesn't make any sense". While there may have not been any apparent signs that he was suffering from any mental health issues, some of Hawthorne's employees said they suspected something was off with him when they spotted his vehicle parked oddly outside the factory.

Author: 0 BP Midstream Partners (NYSE:BPMP) Now Covered by JP Morgan Chase & Co

Ryman Hospitality Ppty Inc. now has $3.52B valuation. The stock increased 1.61% or $1.08 during the last trading session, reaching $68.08. Hamlin Capital Management LLC now owns 1,171,268 shares of the pipeline company's stock valued at $87,810,000 after purchasing an additional 55,139 shares during the last quarter.

Author: 0 Microsoft Corp (MSFT) Stock Value Rose While Shelton Capital Management Increased Position

RBC Capital Markets maintained the stock with "Hold" rating in Sunday, July 23 report. The stock decreased 1.60% or $0.13 during the last trading session, reaching $8. Mitsubishi Ufj Securities Ltd has 3.67% invested in Microsoft Corporation (NASDAQ:MSFT). Pension Ltd Liability Company holds 3,000 shares. The firm earned "Neutral" rating on Monday, March 21 by Bank of America.

Business Littlehampton bank to close next year
Author: 0 Littlehampton bank to close next year

The decision by RBS, 71 per cent of which is owned by the taxpayer, has attracted controversy. 68 per cent of customers in both towns chose to bank digitally instead. So what is being done for them? Customers can choose from a range of digital, face-to-face and local options. The closure of the bank in the High Street affects three members of staff.

Author: 0 ACG Wealth Takes $468000 Position in Kinder Morgan, Inc. (NYSE:KMI)

The Procter & Gamble Company (NYSE:PG) has risen 7.54% since December 3, 2016 and is uptrending. It has outperformed by 16.39% the S&P500. Old Point Trust & Financial Services N A acquired 78,300 shares as Kinder Morgan Inc (KMI)'s stock declined 10.34%.

Business Muslim student ordered to remove headscarf at MCdonald's UK
Author: 0 Muslim student ordered to remove headscarf at MCdonald's UK

A member of staff tells her friend to stop filming, to which she says it 'is my legal right to film whatever is happening right now'. It is disgusting that hate crimes and discrimination are so prevalent in this country, especially in such a diverse city like London.

Business The Auxier Asset Management Lowers Position in Exxon Mobil Co. (XOM)
Author: 0 The Auxier Asset Management Lowers Position in Exxon Mobil Co. (XOM)

On Wednesday, July 22 the stock rating was upgraded by Goldman Sachs to "Conviction Buy". The firm has "Buy" rating by RBC Capital Markets given on Tuesday, June 13. America First Investment Advsrs Ltd Liability Corporation stated it has 8,917 shares. Virginia Retirement Systems Et Al bought 72,400 shares as the company's stock rose 0.21% with the market.

Business Mixed Sales Bag for
Author: 0 Mixed Sales Bag for "Big 3" in November

Industrywide, November sales probably ran at about a 17.3 million annualized rate, analysts estimated in a Bloomberg survey. The carmaker's year-to-date sales, as of November 30, were down 1.1 percent, from 2.72 million last year to 2.69 million this year.

Author: 0 Celgene Corporation (CELG) Shares Bought by Raymond James Trust NA

It has outperformed by 38.71% the S&P500. The biopharmaceutical company reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.21. Casey sold 9,250 shares of the business's stock in a transaction that occurred on Tuesday, September 5th. $625,000 worth of Celgene Corporation (NASDAQ: CELG ) shares were sold by Friedman Michael A .

Author: 0 Sloane Robinson LLP Acquires Shares of 85000 Alibaba Group Holding Limited (BABA)

About 26.44M shares traded or 48.55% up from the average. Macquarie Research maintained Alibaba Group Holding Limited (NYSE: BABA ) on Friday, August 18 with "Outperform" rating. 26 are owned by Shine Investment Advisory Svcs. Tokio Marine Asset Mgmt Limited invested in 4,842 shares. The institutional investor held 240,387 shares of the hotels and resorts company at the end of 2017Q2, valued at $15.36 million, down from 248,377 at the end of the previous reported quarter.

Author: 0 Earnings Analysis Of Digital Realty Trust Inc. (DLR)

Arbor Realty Trust earned a daily sentiment score of 0.34 on Accern's scale. (NYSE:CDR) has declined 25.15% since December 1, 2016 and is downtrending. Dougherty maintained the shares of FNSR in report on Friday, June 16 with "Buy" rating. The rating was initiated by Jefferies with "Buy" on Wednesday, September 9.

Business Walt Disney (DIS) Receives Buy Rating from Piper Jaffray Companies
Author: 0 Walt Disney (DIS) Receives Buy Rating from Piper Jaffray Companies

Bank of America reaffirmed a "buy" rating and set a $120.00 price target (down from $125.00) on shares of Walt Disney in a research note on Friday, September 8th. Platinum Invest Mngmt Ltd holds 0.01% or 2,200 shares in its portfolio. Panagora Asset Mngmt Incorporated has invested 0.01% in CoStar Group, Inc. The Williams Jones & Associates Llc holds 429,736 shares with $45.66M value, up from 116,905 last quarter.

Business Toyota to Add Hydrogen Fueling Infrastructure at Calif
Author: 0 Toyota to Add Hydrogen Fueling Infrastructure at Calif

FuelCell Energy , an global company dealing with clean, innovative, and economical fuel cell solutions for the supply, recovery, and storage of energy, has just reported the execution of a hydrogen and power off-take agreement with Toyota, highlighting a unique collaboration in which Toyota will buy renewable hydrogen for vehicle fueling produced on-site from a multi-megawatt SureSource fuel cell power plant situated at the Port of Long Beach in California.

Business SC man cooks own meal at Waffle House while employee sleeps
Author: 0 SC man cooks own meal at Waffle House while employee sleeps

Alex Bowen tells WIS-TV he couldn't sleep, was hungry and slightly drunk, when he went to the restaurant early Thursday. Bowen said he walked into the restaurant while on his way home after a few drinks with friends and found it empty of other customers.

Author: 0 Virginia Retirement Systems ET AL Decreases Position in Marathon Oil Corporation (MRO)

The stock has "Buy" rating by Jefferies on Friday, August 25. The rating was downgraded by UBS to "Neutral" on Wednesday, November 15. (NYSE:COTY) on Monday, November 30 to "Underweight" rating. This represents an increase in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.

Business The Coca (KO) Holder Bb&T Corp Has Increased Position by $3.47 Million
Author: 0 The Coca (KO) Holder Bb&T Corp Has Increased Position by $3.47 Million

It has outperformed by 22.97% the S&P500. CANNABIS SCIENCE INCORPORATED (OTCMKTS:CBIS) had an increase of 177.7% in short interest. KO's SI was 27.70M shares in December as released by FINRA. Moreno Evelyn V invested in 0.1% or 7,550 shares. Ownership trends and trading patterns can be useful tools for predicting a stock's performance, but it's also important to consider the technicals in order to form a more comprehensive view.

Author: 0 Revenue Approximations Analysis: Gray Television, Inc. (GTN), Walgreens Boots Alliance, Inc. (WBA)

The sales growth over the last 5 years is at 10.50% while earning per share for the last 12 months is at 3.78. The pharmacy operator reported $1.36 EPS for the quarter, meeting the consensus estimate of $1.36. The average analysts gave this company a mean recommendation of 2.20. BidaskClub raised shares of Walgreens Boots Alliance from a "strong sell" rating to a "sell" rating in a research report on Friday, November 10th.

Business Infosys Board appoints Salil S Parekh as company CEO and MD
Author: 0 Infosys Board appoints Salil S Parekh as company CEO and MD

In August, Infosys cut its annual revenue forecast to 6.5 per cent to 7.5 per cent growth for the year ending March 2018 in USA dollar terms, versus the 7.6 per cent rise analysts were anticipating. Parekh started his career with Ernst & Young in the year 1992 as a Partner. He holds a masters in Computer Science and Mechanical Engineering from Cornell University, and is a Bachelor of Technology degree holder in Aeronautical Engineering from the Indian Institute of Technology (IIT), Bombay.

Author: 0 Analyzing the Insider Data for QUALCOMM Incorporated (QCOM)

Renaissance Gru Ltd has invested 1.2% in Prudential Financial, Inc. The stock increased 2.00% or $2.41 during the last trading session, reaching $123. Investors sentiment decreased to 1.23 in 2017 Q2. Its down 0.05, from 1.03 in 2017Q1. It turned negative, as 89 investors sold QCOM shares while 481 reduced holdings.

Business Auto sector posts double-digit growth in November
Author: 0 Auto sector posts double-digit growth in November

Sales growth was led by its compact auto segment and utility vehicles (UVs). The compact vehicle category, led by the premium hatchback Baleno, also accelerated with a 32.4% rise in sales over November 2016. The demand has grown every month since its launch past year in 2016. Hyundai , M&M and Honda had reported a sales decline (to dealers) last November.

Author: 0 Bank of America (BAC) Receives Overweight Rating from Morgan Stanley

Bank Of America Corp now has $290.02 billion valuation. The stock increased 0.79% or $0.0608 during the last trading session, reaching $7.7908. The company trades on average around 6490000. The firm has "Buy" rating by Argus Research given on Friday, August 4. Vetr raised shares of Bank of America from a "sell" rating to a "strong-buy" rating and set a $33.96 target price on the stock in a research report on Tuesday, November 7th.

Business Brokerage Overview of: Amazon.com, Inc. (NASDAQ:AMZN)
Author: 0 Brokerage Overview of: Amazon.com, Inc. (NASDAQ:AMZN)

Family Management Corp increased Citigroup Inc (NYSE:C) stake by 48,255 shares to 61,292 valued at $4.10 million in 2017Q2. On Monday, June 5 the insider WILKE JEFFREY A sold $2.70 million. The shares were sold at an average price of $1,202.74, for a total transaction of $1,004,287.90. Rwc Asset Management Llp invested 4.57% in Amazon.com, Inc.

Business OPEC pegs Nigeria's oil output at 1.8 million bpd
Author: 0 OPEC pegs Nigeria's oil output at 1.8 million bpd

Nigeria , in its 2018 budget, had pegged the oil production at 2.3mbpd, but with this latest development, it might have to adjust this benchmark. Reacting to the output cap, Kachikwu said yesterday that Nigeria was taking the pressure from OPEC member countries and their allies led by the Russian to join the crude oil production cut agreement they reached in 2016 with good posture and would be fine notwithstanding the outcome of today's meeting of the group.

Business Unemployment drops again in Victoria, Statistics Canada
Author: 0 Unemployment drops again in Victoria, Statistics Canada

Nationally, the unemployment rate tumbled from 6.3 to 5.9 per cent, as almost 80,000 jobs were added. Marple noted that over the last 40 years the jobless rate was only lower than 5.9% for one month, in December 2007. Out of all the provinces in Canada, Ontario had the best month. It was also the biggest addition of jobs in a single month since April 2012, when the economy was rebounding out of recession.

Business Walmart pulls
Author: 0 Walmart pulls "Rope. Tree. Journalist." T-shirt from site

As RTDNA said, the shirt was being sold by Walmart with a company called Teespring acting as a third-party seller. Walmart's position that it was blindsided by this crisis will be a hard sell to some customers, given that variations of the T-shirt have been around since 2006 or earlier.