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CFPB Lays Groundwork for New Rules on Overdraft Fees

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The Consumer Financial Protection Bureau (CFPB) wants banks and credit unions to adopt simple, easy-to-understand language to help consumers understand the costs and risks of these programs. Banks' overdraft programs only apply to debit card transactions and ATM withdrawals. For over ten years, consumer groups including PIRG, the National Consumer Law Center, Consumer Federation of America, Consumers Union/Consumer Reports and others (our 2003 comments ) badgered the regulators and ... Read More »

Volkswagen executive pleads guilty in US emissions cheating case

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Under a revision of the charges, he pleaded guilty to two counts: conspiracy to defraud the federal government and violating the Clean Air Act . Oliver Schmidt is a former manager of a VW engineering office in suburban Detroit. He was arrested in January while on vacation in Miami. In the US alone, legal settlements could cost Volkswagen more than $25 billion, depending on how many vehicles the auto maker ends up repurchasing to compensate consumers. Read More »

'Pharma Bro' Shkreli is convicted at securities fraud trial

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Martin Shkreli has been found guilty on three counts of fraud and faces years in prison when he's sentenced. A jury in Brooklyn deliberated nearly five days before returning guilty verdicts against Shkreli, 34, on two counts of securities fraud and a single count of conspiracy. Read More »

AMC Entertainment Holdings, Inc (AMC) Reaches 52-Week High

Nisa Investment Advisors LLC now owns 7,170 shares of the company's stock worth $163,000 after buying an additional 6,800 shares during the last quarter. The firm has a market capitalization of $2.14 billion, a PE ratio of 18.66 and a beta of 1.31. AMC Entertainment Holdings, Inc . If you are accessing this news story on another domain, it was stolen and republished in violation of USA and global trademark & copyright law. Read More »

Higher Kraft Heinz profit despite lower turnover

Midwest Investment Management LLC's holdings in The Kraft Heinz were worth $4,696,000 as of its most recent filing with the SEC. Bollard Group LLC raised its stake in The Kraft Heinz by 0.7% in the first quarter. The business had revenue of $6.68 billion during the quarter, compared to analyst estimates of $6.73 billion. The firm owned 51,719 shares of the company's stock after selling 1,600 shares during the period. Read More »

Moscow slams new European Union sanctions, reserves right for retaliatory steps

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The individuals - two Russian government officials and a senior figure with one of the companies involved - will be subject to an asset freeze and a travel ban, the European Union said in a statement. Russian Deputy Energy Minister Andrey Chemezov, Energy Ministry's department head Evgeny Grabchak, and Director General of Technopromexport company Sergei Topor-Gilka have been included to the extended sanctions list. Read More »

VW plans 'cash-for-clunkers' scheme for diesel cars

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Schmidt's guilty plea during a hearing Friday morning. Schmidt, 48, wearing a red jail jumpsuit and shackled at the wrists and ankles, said simply, "Guilty, your honor", in German-accented English as he entered his pleas in federal court to each of two felonies - conspiracy and violation of the Clean Air Act. Read More »

Avon Products, Inc. (AVP) PT Lowered to $2.75 at UBS AG

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Several large investors have recently added to or reduced their stakes in the company. Americafirst Capital Management LLC bought a new position in Avon Products during the first quarter worth approximately $689,000. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & worldwide copyright laws. The original version of this news story can be read at ... Read More »

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) To Report Earnings

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Next quarter's EPS is forecasted to be $0.95 with next year's EPS anticipated to be $4.31. The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. Cognizant Technology Solutions Corporation's payout ratio is 21.90%. Cognizant Tech Solutions now has $41.08 billion valuation. On Friday, May 5 the insider Middleton Sean sold $117,180. Read More »

New auto registrations slump for fourth month in a row

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The auto sector is seeing an increasingly challenging environment due to the squeeze on consumers with inflation in a high gear, stalling wages and concerns about easy credit fuelling the previous acceleration in demand for cars. AVFs also grew their market share, but still only accounted for 5.5% of overall sales, meaning the growth was far from offsetting the slump in petrol and diesel cars. Read More »

Activision Blizzard Announces 23% Advance In Q2 Profit

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Looking back over the last month, shares have performed 8.39%. About 88,984 shares traded. It has underperformed by 87.39% the S&P500. (NASDAQ: ATVI ). M Partners maintained Activision Blizzard, Inc . (NASDAQ:ATVI) was sold by CORTI ROBERT J. (NASDAQ:ATVI) were released by: Thestreet.com and their article: " Activision Blizzard Announces First Team Owners for " Overwatch " Esports League" published on July 13, 2017 as well as Marketwatch.com's news article titled: " Activision Blizzard ... Read More »

Has $468000 Stake in Starbucks Corporation (SBUX)

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Institutional owners hold 73.10% stake in the company while Insiders ownership held at 0.10%. Baltimore Washington Financial Advisors Inc. purchased a new position in shares of Starbucks Corporation during the fourth quarter valued at $16,059,000. Read More »

Ackman seeks control of ADP and ouster of CEO

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ADP said New York-based Pershing Square Capital Management LP asked earlier this week to extend the August 10 deadline to nominate directors to its board by 30 to 45 days. "Since Carlos Rodriguez became CEO almost six years ago, ADP's total shareholder return of 202 percent is well in excess of the S&P 500 TSR of 128 percent - and is many multiples of Pershing's TSR of 29 percent", the company said. Read More »

Barclays PLC (LON:BARC) Given Consensus Recommendation of "Hold" by Analysts

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Centrica PLC now has a consensus rating of Hold and a consensus price target of GBX 213.83 ($2.82). Peel Hunt's target would indicate a potential downside of -10.00% from the company's last close price. The Company reports its segments on a geographical basis, such as Asia; Continental Europe, and United Kingdom and Ireland. The company's market cap is GBX 35.56 billion. Read More »

EXCELLENT: US Created 209000 Jobs in July, Crushing Expectations

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Average hourly earnings crept up to 0.3 per cent, from 0.2 per cent the year before. That was the biggest increase in five months. Expectations were for wages to rise 0.3% month-on-month and 2.4% over the prior year. It has declined four-tenths of a percentage point this year and matches the most recent Fed median forecast for 2017. The province's unemployment rate in June had been 8. Read More »

Occidental Petroleum Corp (OXY) Position Maintained by Sit Investment Associates Inc

Enbridge Inc (USA) (NYSE:ENB) has declined 0.40% since August 3, 2016 and is downtrending. It has underperformed by 35.67% the S&P500. Occidental Pete Corp Del now has $46.58 billion valuation. "Overweight" signal reported by 1 and "Underweight" rating was suggested by 0. Other hedge funds have also modified their holdings of the company. 87 funds opened positions while 340 raised stakes. Read More »

The BlackRock Inc. Has $407.47 Million Stake in BP plc (NYSE:BP)

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Hedge funds have recently bought and sold shares of the stock. Signaturefd LLC now owns 9,544 shares of the oil and gas exploration company's stock valued at $329,000 after buying an additional 1,210 shares during the period. The ex-dividend date of this dividend is Tue, Aug 8th. Westover Capital Advsrs Limited has invested 0.85% in Cabot Oil & Gas Corporation (NYSE:COG). COPYRIGHT VIOLATION NOTICE: "Cabot Oil & Gas Corporation (NYSE:COG) Shares Bought by Aperio Group LLC" was originally ... Read More »

Marathon Oil reports 2Q loss

In this case, shares are down -4.27% from $214.57, the 52-week high touched on Jun. 20, 2017, and are keeping their losses at 15.17% for the past 12 months. Bank of Montreal Can increased its position in shares of Marathon Oil Corporation by 91.1% in the first quarter. If you are reading this story on another publication, it was copied illegally and republished in violation of US and worldwide copyright laws. Read More »

Toyota discussing stronger alliance with Mazda

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Toyota and Mazda judged that it is necessary to heighten efficiency through cooperation. Mazda already builds cars - the Toyota Yaris and Yaris iA - for Toyota at a plant in Salamanca, Guanajuato, Mexico. Toyota said in a statement that the two companies have been exploring various areas of collaboration under a May 2015 agreement . Mazda and Toyota aren't strangers. Read More »

Uber leased recalled cars to drivers in Singapore

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The Uber driver in that vehicle, Koh Seng Tian, escaped from the incident unharmed. But the fire this January caused panic at Uber Technologies Inc. However, Uber and its partners had a delayed response to the recall announcement. According to the Wall Street Journal , Uber's senior management came to know of the flaw and recommended that the vehicles be taken back from drivers to avoid " unnecessary risk ". Read More »

Medical Properties Trust Inc

For the past 5 years, the company's revenue has grown 32.5%, while the company's earnings per share has grown 54.4%. Medical Properties Trust (NYSE: MPW ) last released its earnings results on Thursday, May 4th. Creative Planning increased its stake in shares of Medical Properties Trust by 0.7% in the second quarter. Greenwich Wealth Management LLC bought a new position in Medical Properties Trust during the first quarter valued at approximately $141,000. Read More »

Gopro Inc Cl A Cmn (GPRO)

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More notable recent GoPro Inc (NASDAQ: GPRO ) news were published by: Investorplace.com which released: "Can the New Fusion Turn Around GoPro Inc ( GPRO ) Stock?" on July 31, 2017, also Investorplace.com with their article: "Sell GoPro Inc ( GPRO ) Stock Ahead of Its Likely Troubled Earnings Report" published on August 02, 2017, Fool.com published: "2". Read More »

Why Papa John's Int'l Inc. Stock Surged Today

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Zacks Investment Research lowered Papa John's worldwide from a buy rating to a hold rating in a research report on Tuesday, April 25th. Instinet restated a "neutral" rating and set a $78.00 target price (down previously from $84.00) on shares of Papa John's global in a research note on Monday. Read More »

Tesla, Inc. (NASDAQ:TSLA) Expected To Report Earnings On Wednesday

By comparison, the Chevy Bolt has been selling about 1,800 cars per month through April. Sales of the Model S and Model X in the United States totaled 3,100 vehicles in July, according to the research firm Autodata, and overall sales for the first seven months of the year had increased by 35 percent over the same period in 2016. Read More »

The CV of the new head of Amazon Australia should worry supermarkets

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The new centre is located in the Pellicano's M2 Industry Park in Dandenong South, providing easy access to the South Gippsland Highway, Monash Highway and Eastlink. "This new fulfilment centre will stock hundreds of thousands of products which will be available for delivery to customers across Australia when we launch our retail offering", said Bruce. Read More »

First Majestic Silver Corp. (FR) Receives C$12.30 Average PT from Analysts

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The biggest institutional shareholders in Endeavour Silver Corporation include Endeavour Silver Corp which owns 12 million shares in the company valued at $46.26 million. LLC boosted its position in MAG Silver Corp by 15.2% in the first quarter. The stock decreased 0.49% or $0.04 during the last trading session, reaching $8.19. Read More »

Aetna Lifts FY17 Earnings View After Higher Q2 Profit

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Nepsis Capital Management Inc increased Aetna Inc New ( AET ) stake by 13.92% reported in 2016Q4 SEC filing. Aetna Inc. (AET ) stock price rose 35.03 percent over the past one year, while increased 30.29 percent during the past 6 months. Read More »

Canadian Natural Resources posts 2Q profit

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This is according to all covering research brokerage firms taken into consideration by First Call. The oil and gas development company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.09. Pioneer Natural Resources Company (NYSE PXD) traded up 0.18% during midday trading on Thursday, hitting $160.94. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of US & global trademark and copyright law. Read More »

Shire PLC (NASDAQ:SHPG) Releases FY17 Earnings Guidance

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Other institutional investors have also modified their holdings of the company. The decision to review the business came as Shire upgraded its full-year earnings forecasts after a strong second quarter. Shire PLC's revenue for the quarter was up 109.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.38 earnings per share. Read More »

Dominion Diamond Corporation (DDC) stock RSI 72.31 signaled a sell opportunity

Dominion Diamond Corporation disclosed that its Board of Directors has authorized a shares buyback program on early Mon, Jul 17th that authorizes The corporation to buyback Stocks. On average, analysts anticipate that Dominion Diamond Corporation will post $0.93 earnings per share for the current year. More important recent Dominion Diamond Corp (NYSE:DDC) news were published by: Reuters.com which released: "Exclusive: Washington Companies in talks to buy Canada's Dominion Diamond ... Read More »

Boeing test pilots draw nationwide picture of their plane

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The tail touches Huntsville, Alabama". The front of the outlined plane goes into Colorado, Wyoming and Nebraska. It appears clear that the flight was not a result of the pilot getting catastrophically confused, but part of an elaborate PR stunt - which wouldn't be the first time Boeing has done so. Read More »

Alliance Resource Partners, LP (NASDAQ:ARLP) Valuation According To Analysts

Stockholders of record on Monday, August 7th will be issued a dividend of $0.50 per share. The firm has "Strong Sell" rating given on Thursday, August 6 by Zacks. Valley Advisers Inc holds 1,040 shares. Guggenheim Cap Lc invested in 0.01% or 212,514 shares. Adams Asset Advsr Ltd Liability owns 239,747 shares for 0.71% of their portfolio. Read More »