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Swiss bank UBS profits up as boss hails Asian growth

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By AGENCE FRANCE PRESSE , ZURICH, Switzerland, Oct 27 -UBS said Friday its net profit climbed 14 percent in the third quarter to 946 million Swiss francs (814 million euros, $946 million) and Swiss banking giant expressed confidence about improving market conditions. Read More »

GDP hits 3%, crushing estimates

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The Commerce Department reported Friday that the July-September advance in the gross domestic product - the country's total output of goods and services - followed a 3.1 percent rise in the second quarter. But he said continued increases in interest rates by the Federal Reserve will likely trim growth to just 1.5 percent in 2019. Disposable personal income increased $73.6 billion, or 2.1 percent, in the third quarter, compared with an increase of $125.1 billion, or 3.6 percent, in the second. Read More »

Mostly Seasonable & Mostly Sunny Most Of The Day

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Wednesday and Thursday now look like they will be mostly sunny to sunny with highs warming back to the upper 60s/ low 70s as winds switch back to the south/ southwest at 5-10 miles per hour. As of now, Halloween (Tuesday) should be dry and partly cloudy with daytime highs in the mid 40s to low 50s. On Monday , highs will make it the mid/ upper 70s with mostly sunny skies and winds will be out of the southwest at 5-15 miles per hour. Read More »

Canada's Saputo strikes deal to buy Murray Goulburn

Saputo had already made a major breakthrough in Australia in 2014 by acquiring Warrnambool Cheese Butter, which brought him 10 % of the market. Fonterra has lost out on its bid to buy struggling Australian milk processor Murray Goulbourn, which has been sold to Canadian company Saputo for A$1.3 billion (NZ$1.5 billion). Read More »

Whiting Petroleum Corporation (WLL) Issues Earnings Results

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Abb Ltd. now has $54.18B valuation. The stock of Whiting Petroleum Corp (NYSE: WLL ) earned "Buy" rating by Canaccord Genuity on Monday, August 3. It has underperformed by 16.70% the S&P500. The firm had revenue of $324.20 million during the quarter, compared to analyst estimates of $330.25 million. Moreover, Paloma Prtnrs Mgmt has 0.05% invested in Whiting Petroleum Corp (NYSE:WLL) for 757,248 shares. Read More »

Yes Bank shares tank almost 10% after Q2 earnings

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As part of the Risk Based Supervision (RBS) exercise for the financial year ended March 2017 (FY 2017) concluded in October 2017, the Reserve Bank of India (RBI) has pointed out certain retrospective divergence in the Yes Bank's asset classification and provisioning as on 31 March 2017, for NPAs. Read More »

Get Ready! This Birthday, Kamal Haasan May Launch His Political Party

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The actor recalled that it has been the practice for years to meet members of his fans' welfare associations on his birthday on November 7. Chennai: "Be prepared. Gathering of fans on November 7 is a yearly tradition. Kamal Haasan said only those who wanted to do something for Tamil Nadu as a "duty" and not as a "sacrifice" are welcome to join him. Read More »

RBS springs quarterly profit surprise on rising revenue

Operating expenses were cut to £2.1bn from £2.9bn previous year after reducing restructuring, litigation and misconduct costs. However, RBS warned that it faces rising misconduct costs and provisions in relation to the mis-selling of mortgage backed securities in the USA between 2008 and 2013. Read More »

Einstein's 1922 memos written in Tokyo auctioned off for $1.8 mill

The news, that the 43-year-old's contribution to theoretical physics has been recognized at the highest echelon, spread like wildfire throughout Japan and thousands rallied to catch a glimpse of him. The other note read, "Where there's a will, there's a way". The letter had a pre-sale estimated value of $5,000-$8,000. The seller reportedly is the nephew of the courier, who lives in Germany. Read More »

Western Digital Corp Q1 Income Rises 142%

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About 1.38M shares traded. CPS Technologies Corporation (NASDAQ:CPSH) has declined 36.61% since October 26, 2016 and is downtrending. It has outperformed by 0.30% the S&P500. Its EPS was $1.28 while outstanding shares of the company were 292.00M. Hedge funds have recently added to or reduced their stakes in the stock. 38,872 shares or 6.73% less from 41,677 shares in 2017Q1 were reported. Read More »

UAW Claims Tesla Fired Workers For Wanting To Unionize

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The most recent spate of charges were filed on Wednesday at the National Labor Relations Board's office in Oakland, California. "Tesla, which recently fired hundreds of employees for 'performance issues, ' swept up many pro-union employees in the terminations", UAW said in a statement. Read More »

Winning Powerball Ticket Sold in Eunice, Louisiana

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It's also the largest single ticket win in Louisiana history. On the scratch off, I've sold two $200,00, a $15,000, a $20,000, a $30,000 but this is the first big one on the Powerball . Both tickets matched four of the five white numbers, plus the red Powerball number. "In the meantime, we recommend that the victor treat the ticket as cash and sign the back of it for security purposes". Read More »

CVS Health in talks to acquire health insurer Aetna

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CVS' bid was reportedly made earlier this month, although the two companies have supposedly been discussing a potential deal for two months. Aetna insures more than $22 million people. Aetna's stock jumped $18.48, or 11 percent, to close Thursday at $180.48. Shares of CVS fell nearly 3% after hours. In 2007, it bought drug benefit manager Caremark Rx Inc.in a deal valued at the time at $27.2 billion, to become a powerhouse in the benefit management business.And in 2015, it acquired the ... Read More »

BB&T Corp Cuts Holdings in Interpublic Group of Companies, Inc. (The) (IPG)

Want to see what other hedge funds are holding IPG? Aperio Group LLC now owns 139,023 shares of the company's stock worth $3,191,000 after buying an additional 17,293 shares in the last quarter. ( IPG ) and 1 sells - amounting to a total of 1 insider trades during that timeframe. Interpublic Group of Companies, Inc. The firm's 50-day moving average price is $20.67 and its 200-day moving average price is $22.75. Read More »

Ltd. Cuts Stake in Wal-Mart Stores Inc. (WMT)

Therefore 50% are positive. Compass Mngmt Inc stated it has 3.78% of its portfolio in Wal-Mart Stores Inc (NYSE: WMT ). Analysts rating the company a 3 indicate a Hold recommendation. Finally, Hudock Capital Group LLC grew its position in shares of Wal-Mart Stores by 0.4% in the second quarter. BTC Capital Management Inc. grew its position in shares of Wal-Mart Stores by 4.7% in the first quarter. Read More »

Wall Streets expects smaller profit from Amazon, but still plenty of growth

The stock has "Buy" rating by Loop Capital Markets on Monday, October 16. The stock of Petroneft Resources PLC (LON:PTR) has "Speculative Buy" rating given on Wednesday, July 22 by Canaccord Genuity. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, insider Brian T. Olsavsky sold 2,334 shares of the business's stock in a transaction on Tuesday, August 15th. Read More »

Qantas expects earnings growth to slow

Last week Qantas took delivery of its first 787-9 Dreamliner . Revenue in the three months to September 30 rose 5.1 percent to A$4.19 billion. The flagship carrier, which has emerged resurgent from a three-year turnaround under Chief Executive Alan Joyce, beat expectations with a forecast rise in underlying profit before tax for the six months to December 31. Read More »

After a chilly Wednesday, expect a chilly weekend

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FRIDAY: There will be a little more cloud cover around tomorrow as a frontal boundary approaches from the west. There is a small chance it develops, and an even smaller chance it comes to Southwest Louisiana., thanks to all of the cold fronts that will push it to the east. Read More »

Gilead Sciences, Inc. (NASDAQ:GILD) To Release Earnings

About 185,032 shares traded. Virginia Retirement Systems ET AL lessened its holdings in shares of Gilead Sciences, Inc . While in the same Quarter Previous year, the Actual EPS was $2.75. Gilead Sciences Inc ( GILD ) now has a 14-day Commodity Channel Index (CCI) of -115.91. NWFL's SI was 114,800 shares in October as released by FINRA. Read More »

Traders Buy Delta Air Lines, Inc. (DAL) on Weakness

The rating was initiated by Northland Capital with "Outperform" on Tuesday, July 28. The company was maintained on Monday, May 29 by Stifel Nicolaus. Deutsche Bank upgraded Bancolombia SA (ADR) (NYSE:CIB) on Monday, August 22 to "Buy" rating. Read More »

Starbucks offering 'Zombie Frappuccino' for limited time

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If the Unicorn frappucino wasn't enough for you, risen from the dead is Starbucks Zombie "frapp" just in time for Halloween . Starbucks's new Halloween Frappuccino is an ode to the undead. It will only be available until Halloween , or while supplies last. "We had already invited Frankenstein and vampires to the party, so we came up with another monster that could join the bash". Read More »

What Does Insider Trading Tell Us About Bed Bath & Beyond Inc. (BBBY)?

At the moment, the top institutional investor at Bed Bath & Beyond Inc. Hedge funds and other institutional investors own 93.41% of the company's stock. The stock now has a consensus rating of "Hold" and an average target price of $46.39. If you are accessing this piece on another domain, it was stolen and republished in violation of United States & worldwide copyright & trademark laws. Read More »

Infant seat recalled due to fire risk

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No one was injured when a fire started in the motor of a Fisher-Price Soothing Motions Seats, the United States Consumer Product Safety Commission said in a statement Tuesday. The manufacturing date code TH 080116 through TH 082916 is located on the top corner joint connecting ball. These latest recalls come just three weeks after Toys "R" Us recalled infant wiggle balls due to a chocking hazard. Read More »

Southwest profit jumps almost 30 pct

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The airline hasn't said when those flights will start. But overall, Southwest revenue rose 2.6% to $5.3 billion, matching consensus estimates. While the revenue environment continues to be competitive, it said, "travel demand remains solid". Read More »

Uber just added a feature Lyft has had for a year

From there, you can add the addresses of the stops and request a ride. Until now, your options for doing that were to meet at one place and catch an Uber from there, or change your destination mid-trip. The company has long offered a way to split your Uber fare with other riders , but this assumed you were both jumping in the Uber at the same time. Read More »

Nabors Industries Ltd. (NBR) Releases Earnings Results

Beta is also an important valuation ratio for analyzing the stock of the company, NBR has its industry and Sector's beta remains at 0.88 and 0.79 respectively. These analysts have also projected a Low Estimate of $-0.4/share and a High Estimate of $-0.24/share. The Weekly Volatility is 5.00% and the Monthly Volatility is 3.99%. Read More »

Technical Signals in View for American Eagle Outfitters (AEO)

Several other brokerages have also issued reports on AEO . The Foundry Partners Llc holds 41,925 shares with $505,000 value, down from 85,686 last quarter. The company's P/E (price to earnings) ratio is 14.38 and Forward P/E ratio of 11.98. American Eagle Outfitters, Inc . Watching the trading indicators on shares of American Eagle Outfitters ( AEO ), we can see that the twenty one day Wilder Moving Average is presently above the 50 day Simple Moving Average. Read More »

Mizuho Boosts Seagate Technology PLC (STX) Price Target to $39.00

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Citigroup Inc dropped their price objective on Seagate Technology PLC from $46.00 to $42.00 and set a "neutral" rating for the company in a report on Tuesday, July 18th. Seagate Technology PLC's payout ratio is now 95.09%. The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 15th. Read More »

Walgreens plans to close hundreds of drug stores

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Walgreens plans to close about 600 stores over an 18-month period beginning next year, according to the Chicago Sun-Times . Walgreens will spend $750 million over the next three years to rebrand the remaining Rite Aid stores, according to Forbes . Read More »

The Charles Schwab Corporation (SCHW)

It has outperformed by 0.92% the S&P500. John H. Scully decreased its stake in Schwab Charles Corp New ( SCHW ) by 11.81% based on its latest 2017Q2 regulatory filing with the SEC. Van Strum Towne reported 5,700 shares. Thompson Davis & Incorporated, Virginia-based fund reported 359 shares. Spc Financial reported 0.99% stake. 29,288 are held by Cantab Cap Prns Limited Liability Partnership. Read More »

INTERCONTINENTAL EXCHANGE, INC. (NYSE:ICE) Files An 8-K Regulation FD Disclosure

The institutional investor owned 11,213 shares of the financial services provider's stock after selling 4,312 shares during the quarter. After a recent check, it is observed that the insiders for the firm now own 0.40% shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, insider Charles A. Read More »

Oasis Petroleum Inc. (OAS)

It now has negative earnings. Among 9 analysts covering Yandex N.V. 3 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. To measure price-variation, we found OAS's volatility during a week at 3.37% and during a month it has been found around 3.62%. Toronto Dominion State Bank has invested 0% in Oasis Petroleum Inc . Read More »