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Judge invalidates Allergan patents on dry-eye medicine Restasis

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The ruling brings some of the largest generic drug makers - Mylan and Teva Pharmaceuticals (TEVA) - a big step closer to selling lower-cost versions of a product that generated almost $1.5 billion in sales previous year. Patent and Trademark Office. Democratic U.S. Senator Claire McCaskill drafted a bill in response to the move and a U.S. House of Representatives committee is investigating the deal. Read More »

Airbus to take majority stake in Bombardier C-Series jet programme

The U.S. assembly line would mean the 110 to 130 seat jets would not be subject to possible U.S. anti-subsidy and anti-dumping duties of 300 percent, Bombardier Chief Executive Alain Bellemare said at a press conference. Financial terms of the deal weren't immediately clear, although Airbus CEO Tom Enders said his company would not provide any "upfront" money after the deal closes in the second half of 2018. Read More »

Sprint, T-Mobile To Announce A Merger Without Concessions

Even if the two carriers do reach a deal, though, the merger must be approved by USA regulators before it can actually be completed. Companies also typically place caps on the size of divestitures they are willing to accept during negotiations with regulators. Read More »

Why Sears Holdings Stock Dropped 11.5% Today

Taking a broader look brokerage firms' analysts on the street with an expectant view have Sears Hldgs Corp (NASDAQ:SHLD) high price target of $4 and with a conservative view have low price target of $4. "On behalf of the board of directors and management, I want to thank Bruce for his long-term commitment and investment in Sears Holdings ". 6,678 were reported by Public Employees Retirement Association Of Colorado. Read More »

American Express Company (NYSE:AXP) Volume Spiking Mid-session

The stock declined 0.99% or $0.92 reaching $91.94 on the news. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 2,652 shares of the payment services company's stock valued at $223,000 after acquiring an additional 11 shares during the period. Read More »

Research Report For Express Scripts Holding Company (ESRX)

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Express Scripts Holding Company ( NASDAQ ESRX ) opened at 57.14 on Friday. It has underperformed by 33.62% the S&P500. Analysts await Manhattan Associates, Inc. It last reported revenues of $25.35 billion and EPS of $1.73 for the June 2017, representing 0% top-line growth and 1.57 EPS growth. Its up 0.39, from 1.19 in 2017Q1. Read More »

Baird Reiterates "Buy" Rating for Comcast Corporation (CMCSA)

Shareholders of record on Wednesday, October 4th will be given a dividend of $0.1575 per share. Institutions own 83.93% of Comcast Corporation ( CMCSA)'s shares. The company was maintained on Thursday, February 4 by RBC Capital Markets. The company was maintained on Tuesday, January 24 by Telsey Advisory Group. Read More »

Financial Watchlist of Sirius XM Holdings Inc. (NASDAQ:SIRI)

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Arrowstreet Capital Limited Partnership now owns 34,373,843 shares of the company's stock worth $188,025,000 after acquiring an additional 18,694,885 shares during the last quarter. The ex-dividend date of this dividend was Monday, May 8th. Whether or not Sirius XM Holdings Inc . fits your portfolio, at the very least you will have a greater understanding of the Services and Broadcasting - Radio. Read More »

Wal-Mart Stores (WMT) to Buyback $20.00 billion in Stock

Wal-Mart Stores ( WMT ) opened at 86.62 on Friday. It has underperformed by 2.87% the S&P500. Analyst rating about The Michaels Companies, Inc. Cornerstone Advsrs reported 84,900 shares stake. Ngam Advsr Lp has invested 0.06% in Wal-Mart Stores Inc (NYSE: WMT ). Gamble Jones Invest Counsel holds 0.29% in Wal-Mart Stores Inc (NYSE: WMT ) or 36,135 shares. Read More »

Macy's to open early on Thanksgiving Day, report says

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In previous years, Macy's had opened at 6 p.m. on the holiday. At least one Pittsburgh-area Macy's will let shoppers get a head start on their Black Friday shopping on Thanksgiving Day. Other stores will open at 5 p.m. on Thanksgiving and close at 2 a.m. on Black Friday morning, then reopen at 6 a.m. Deptford Mall - Deptford, New Jersey - Thanksgiving 5 p.m.to 10 p.m. Read More »

Joshua to fight Takam after Pulev pulls out injured

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On Monday night, rumours were circulating that Joshua's fight - in just 12 days - may be scrapped entirely. Promoter Eddie Hearn confirmed the news, saying Pulev suffered a shoulder injury and that Carlos Takam , who is the IBF's No. Takam had been on standby for the fight and is said to be overjoyed to be facing Joshua. It's a hard position for AJ - having prepared meticulously for the style and height of Pulev, he now faces a completely different style and challenge in Takam. Read More »

Raiders to sign NaVorro Bowman

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Raiders signed ILB Navorro Bowman , formerly of the 49ers, to a one-year, $3 million contract. The 49ers had released Bowman, a four-time first-team All-Pro selection, on Friday. The Raiders have a short week of preparation before hosting the Kansas City Chiefs on Thursday night. All told, Bowman recorded 708 total tackles, 12.5 sacks, nine forced fumbles, 28 pass breakups and four interceptions in 89 appearances with the 49ers. Read More »

Spain Index MSCI Ishares (EWP) Currently Above Chikou Line

CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. As you can see by the chart below, the Tenkan Line is quite different than a 9SMA. The opposite would be the case for a falling ADX line. Some analysts believe that the ADX is one of the best trend strength indicators available. Interested investors may be watching the Williams Percent Range or Williams %R. Read More »

Altria Group (NYSE:MO) Quarterly Sales Review

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The Texan Capital Management holds 3,442 shares with $256,000 value, down from 73,138 last quarter. Altria Group Inc now has $125.10B valuation. The stock decreased 0.46% or $0.3 on October 13, reaching $65.05. The rating was downgraded by Cowen & Co to "Market Perform" on Friday, October 30. The stock touched 52-week High of $77.79 on 06/20/17 and 52-week Low of $60.01 on 07/28/17. Read More »

Flipkart reported in talks with BookMyShow for minority stake

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Flipkart's initial intention was reportedly to buy out BMS, however, sources told Mint that a stake sale is more likely that a complete buyout. As per a Mint report , Flipkart wants to not only invest fresh capital but also buy shares from some of BMS' parent Bigtree Entertainment's investors. Read More »

Activist Tamika Mallory kicked off flight, 'disrespected' by pilot

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When she got to the front of the plane, she was informed that she was being kicked off the flight. I told him I felt completely disrespected. The exact details of the dispute were not immediately clear. Al Sharpton's daughter's wedding, which she missed. The pilot, Mallory says, blasted her, claiming that the gate agent had "nothing to do" with the seat discrepancy and that it was Mallory who had been disrespectful. Read More »

Netflix Q3 earnings report

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The third quarter featured the debut of superhero series Marvel's The Defenders and a new season of drug-trafficking saga Narcos , among other programs. In a letter to shareholders Monday , the company wrote that the higher revenue from the price bump will help it widen its slate of originals even more. Read More »

Sector Investor's Alert - The Coca-Cola Company (NYSE:KO), Groupon, Inc. (NASDAQ:GRPN)

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United Capital Financial Advisers Llc increased Coca (KO) stake by 4.04% reported in 2017Q2 SEC filing. The Cullen Capital Management Llc holds 11,640 shares with $522,000 value, down from 19,850 last quarter. Investors sentiment increased to 0.94 in Q2 2017. It is positive, as 49 investors sold KO shares while 618 reduced holdings. 123 funds opened positions while 504 raised stakes. Read More »

Mazda is bringing back the rotary engine, but there's a catch

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Nothing will happen until a business case for a sports vehicle larger than the MX-5 is made though, so the last use of the rotary engine in the automotive industry might not be the braap-fest we all long for... A successful business case for such a vehicle is the biggest issue here, not the technology. Mazda is now trying to decide "whether the business conditions will be met or not ... Read More »

Frost Advisory issued as cool autumn air moves into region

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Behind this front we have much colder and drier air moving into the region. After a cold front brought rain and wind Sunday afternoon, Monday will be dramatically cooler. Tomorrow will be sunny and seasonably cool with highs ranging from the upper 50s in the Litchfield Hills to 60-65 elsewhere. But for now, expect temperatures to remain into the low to mid 70s for the next several days. Read More »

Warnings issued as ex-Hurricane Ophelia arrives

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A yellow weather warning is issued when the weather may post a risk of injuries or to life. It is also possible that power cuts may occur and mobile phone coverage may be effected. Strong winds have also battered Britain's west coast, with gusts of up to 80mph, exactly 30 years after the Great Storm of 1987 killed 18 people. Southerly winds are most likely to gust between 55 and 65 miles per hour across much of the warning area, especially in the west. Read More »

Allegheny Technologies Incorporated (ATI), Royal Caribbean Cruises Ltd. (RCL)

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Wedbush maintained the shares of RCL in report on Friday, January 27 with "Outperform" rating. Wetherby Asset Management holds 0.07% in Royal Caribbean Cruises Ltd (NYSE:RCL) or 3,702 shares. Following the completion of the sale, the chief executive officer now directly owns 967,741 shares in the company, valued at approximately $112,093,440.03. Read More »

Deal announced to purchase Ruby Tuesday restaurants

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Under the terms of the deal, NRD Capital will acquire all of Ruby Tuesday's common stock for $2.40 per share in cash. Ruby Tuesday, which has suffered losses and declining sales for the last five years as fewer diners visited its restaurants, said in March it was exploring strategic alternatives. Read More »

Chiron Investment Management LLC Buys New Holdings in PayPal Holdings, Inc. (PYPL)

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Westside Investment Management Inc. lifted its holdings in PayPal Holdings by 0.4% in the 2nd quarter. A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PYPL. ( NASDAQ:PYPL ) opened at 68.42 on Monday. Earnings per share serves as an indicator of a company's profitability. The market capitalization of the company is at $82.8 Billion. Read More »

Lufthansa bids for parts of Alitalia

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Lufthansa's bid would concern only the global network traffic and European domestic point-to-point business of the Italian carrier, rather than the entire airline, the statement also said. Citing three unidentified sources, the daily said that Lufthansa's plan calls for cutting 6,000 jobs and reducing the airline's short- and medium-haul routes, which have suffered under the pressure from low-priced airlines. Read More »

IBM Simplifying and Increasing Speed of Cross Border Payments

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Traditionally, cross-border payments have involved numerous intermediaries who initiate, clear, and finalize any transaction involving multiple currencies. For many the blockchain has been seen as one method of quickening payments that are cross-border, and now the movement, which includes many startups making private moves, just received its highest-profile supporter in IBM, after Big Blue announced a solution focus of its own on banks. Read More »

Nordstrom, Inc. (NYSE:JWN) Under Analyst Spotlight

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JWN has been the topic of several other reports. ValuEngine lowered shares of Nordstrom from a "buy" rating to a "hold" rating in a research note on Friday, September 1st. During the same period previous year, the firm posted $0.67 earnings per share. The firm had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.70 billion. Read More »

Traders Buy High Volume of Caterpillar Call Options (NYSE:CAT)

Caterpillar has a 52-week low of $80.33 and a 52-week high of $131.41. The firm owned 54,431 shares of the industrial products company's stock after selling 1,500 shares during the period. Arrow Fin Corp holds 0.1% of its portfolio in Caterpillar Inc. Analysts await Caterpillar Inc. (NYSE:CAT) to report earnings on October, 24 before the open. Read More »