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Bank of America profits drop due to U.S. tax reform hit

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The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shares in Bank of America were up 0.4% in pre-market trading. The company's woes have rippled through Wall Street with Citigroup and JPMorgan booking losses of $130 million and $143 million, respectively, and more pain is expected when the European banks start reporting results in the coming weeks. Read More »

Interserve under government scrutiny following Carillion collapse

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Interserve shares , which have seen short interest rise in recent months, fell as much as 15 percent but recouped most of the losses after the government's statement, closing just 0.4 percent lower. Like Carillion, Interserve's business involves construction, as well as cleaning, healthcare probation and healthcare services. That includes around 120 at specialist construction work business RMD Kwikform's two sites in Aldridge, staff at offices in West Bromwich and Dudley and another 600 ... Read More »

Were Analysts Bearish The Toronto-Dominion Bank (NYSE:TD) This Week?

The stock has "Outperform" rating by BMO Capital Markets on Monday, August 31. The Community Bank holds 39,044 shares with $3.00M value, down from 44,143 last quarter. Analysts await Catalent, Inc. SHPG's profit would be $1.13B giving it 9.35 P/E if the $3.89 EPS is correct. The company's EPS growth over the previous quarter clocks in at 22.93. Read More »

Juno Therapeutics' (JUNO) Market Perform Rating Reiterated at Wells Fargo & Co

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The 1-year high was reported on Jan, 17 by Barchart.com. If the $68.95 PT is reached, the company will be worth $229.29M more. The stock increased 1.76% or $0.11 during the last trading session, reaching $6.37. Juno Therapeutics Inc had 46 analyst reports since July 22, 2015 according to SRatingsIntel. The company has market cap of $7.58 billion. The company develops cell-based cancer immunotherapies based on its chimeric antigen receptor and T cell receptor technologies to genetically ... Read More »

Kazakhstan concerned by Russian-US ties that 'plunged into abyss' - president

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In the statements released by the White House, the two presidents vowed to seek a peaceful resolution to the conflict in Afghanistan, pledging to deepen cooperation against violent extremism and worldwide terrorism. At the end of 2017, the USA military personnel in Afghanistan has been increased to some 15,000. "Today we'll take part in the round-table meeting with the huge American businessmen and will sign more than 20 contracts totaling $7.5 billion", Nazarbayev said. Read More »

Democrats Score Special Election Victory In Wisconsin GOP Stronghold

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With Schachtner's win, Republicans still hold an 18-14 in the state Senate with one open seat. "Senate District 10 special election by a Democrat is a wake up call for Republicans in Wisconsin", Walker tweeted . Walker worked with Trump previous year on a much-criticized scheme to lure a manufacturing facility being developed by the Taiwanese-based Foxconn corporation to House Speaker Paul Ryan's congressional district in southeast Wisconsin-with $3 billion in tax incentives and promises ... Read More »

UBM share price jumps on Informa £3.8bn bid

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Britain's Informa ( INF .L) struck a deal to buy conference organiser UBM (UBM .L) for 3.8 billion pounds in cash and stock on Wednesday, forming a world-leading business events and exhibitions group worth 8 billion pounds. It is envisaged that the combined group would have the current Informa Chairman and CEO retain their positions, with seven non-executive directors from Informa and three from UBM. Read More »

RIAG Joins Suit to Block 'Illegal' Repeal of Net Neutrality

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In a sign that criticism of the rules goes beyond party lines, the coalition of attorneys general joining Tuesday's lawsuit represent both red and blue states. This would be a disaster for NY consumers and businesses, and for everyone who cares about a free and open internet. In addition to NY, other states that have joined the lawsuit include California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Mississippi, New Mexico, North ... Read More »

Rio Tinto hits upper end of 2017 thermal coal production guidance

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Among 29 analysts covering Rio Tinto PLC (LON:RIO), 18 have Buy rating , 2 Sell and 9 Hold. Therefore 89% are positive. Rio, according to report by telegraph, said shipments of iron ore , used in steelmaking, jumped 3pc year on year to 90m tons in the final quarter, beating analyst expectations, due to "ongoing productivity improvements". Read More »

Markston International LLC Has $6.83 Million Stake in Merck & Co., Inc. (MRK)

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It now has negative earnings. Robert Boucai increased its stake in Yandex N V (YNDX) by 110.92% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE: MRK ) opened at $62.07 on Wednesday. The rating was maintained by Jefferies on Friday, October 20 with "Sell". Meanwhile the stock weekly performance was positive at 2.93%, which was upheld for the month at 2.79%. Read More »

Uber to introduce mandatory rest breaks for UK drivers

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The same findings suggested a net hourly income of £5.17 per hour, but the figure is disputed by Uber, which estimates that after a service charge and running costs the average profit for drivers is about £12 per hour. If a driver is waiting for a request, sitting in an airport queue or driving without a passenger, however, this will not be included in the 10-hour limit. Read More »

Analyzing Analyst Recommendations: Costco Wholesale Corporation (COST), Cognex Corporation (CGNX)

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Tesla, Inc. (NASDAQ:TSLA) has risen 44.43% since January 16, 2017 and is uptrending. It has outperformed by 19.09% the S&P500. Hilton Capital Management Llc bought 80,081 shares as the company's stock rose 1.54% with the market. Utah Retirement Sys holds 80,101 shares. Bessemer Gru owns 381,918 shares. Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and ... Read More »

Ferrari will build an electric supercar to take on Tesla

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There could always be a change of heart; it appears Ferrari is having one, after suggesting an "FUV" ( Ferrari utility vehicle) is coming, having previously denied it would follow the auto world's most lucrative trend. Sources cited by the Bloomberg news agency suggested that the " Ferrari Utility Vehicle" could form part of a new five-year-plan created to boost sales beyond Ferrari's current self-imposed limit of 10,000 cars per year. Read More »

Melrose makes hostile offer to buy Britain's GKN for $10.2 bln

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Melrose has claimed that GKN is an "under-managed organisation without focus" with sub-par shareholder returns, but offers "huge scope for improvement". GKN's vulnerability was exacerbated by its lack of a permanent chief executive until the 69-year-old Stevens was appointed last week . Melrose said its new proposal represents a 29% premium to the closing price of GKN's closing price of 332.7p on January 11. Read More »

Edge Advisors LLC Has $395000 Position in Kimberly Clark Corp (KMB)

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The hedge fund held 260,294 shares of the marine transportation company at the end of 2017Q3, valued at $5.89 million, down from 307,540 at the end of the previous reported quarter. RBC Capital Markets maintained it with "Sector Perform" rating and $114.0 target in Thursday, October 22 report. The firm has "Hold" rating by RBC Capital Markets given on Monday, November 13. Read More »

Over Rs 96 Crores In Demonetised Currency Recovered From Kanpur Residence

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Sixteen people have been so far arrested, said Additional Director General of Police (Law and Order) Anand Kumar. However, the counting is on to ascertain the exact amount of money. The arrested were identified as Anand Khatri, builder, Santosh Yadav, professor, key liasioner Mohit Dhingra, Sanjay Agarwal, Manish Agarwal - all residents of Kanpur , Koteshwar Rao from Andhra Pardesh, Sanjay Kumar from Varanasi, Anil Yadav from Saharanpur, Santosh Pathak and Sanjay Rai both from Mirzapur, Ram ... Read More »

Tourist arrested at Iceland global airport for wearing too many clothes

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Although he was not aboard the flight, Williams said his belongings were flown to England. He was refused entry a second time, prompting the dispute to escalate when he confronted security staff. "The captain for your EasyJet flight was made aware of what happened the previous day". "We do understand that our customers' plans can change so they can choose to pay a fee at the airport if they need an extra bag". Read More »

Vipshop (VIPS) Raised to "Buy" at Nomura

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It has outperformed by 10.49% the S&P500. FURGO NV EUROPE 20 ORD (OTCMKTS:FURGF) had an increase of 203.8% in short interest. Following the share subscription deal, JD.com and Tencent will register for newly issued Class "A" ordinary shares of VIPS in the sum of around US$604 million and around US$259 million, respectively. Read More »

New EU strategy targets plastic packaging

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The Commission said Europeans generate 25 million tonnes of plastic waste annually, but less than 30 percent is collected for recycling. "The only long-term solution is to reduce plastic waste by recycling and reusing more". Turner added: "It's clear that more investment in collection systems and recycling infrastructure are needed if we are to deliver a circular economy for food & beverage service packaging in Europe". Read More »

Edge Wealth Management LLC Sells 33620 Shares of Chevron Co. (NYSE:CVX)

Pax World Management Llc who had been investing in Unitil Corp. for a number of months, seems to be bullish on the $645.97M market cap company. The stock traded with the volume of 7.23 Million shares yesterday. Franklin Street Advisors Nc owns 78,939 shares or 1.52% of their U.S. portfolio. Bbr Partners Llc sold 4,000 shares as Humana Inc (HUM)'s stock rose 11.38%. Read More »

Trader's Buzzer: Marathon Petroleum Corporation (MPC)

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MPC trades at a forward P/E of 15.08, a P/B of 2.78, and a P/S of 0.48, compared to a forward P/E of 16.86, a P/B of 1.91, and a P/S of 0.70 for HFC. The company had a trading volume of 10,311,801 shares, compared to its average volume of 10,605,122. Read More »

Express Scripts Holding Company (ESRX) EPS Estimated At $2.08

The stock was sold at an average price of $62.37, for a total transaction of $40,103.91. Currently, 0.10% of Express Scripts Holding Company (NASDAQ: ESRX ) are owned by insiders with 88.46% six-month change in the insider ownership. Cibc National Bank Usa reported 0.23% in Visa Inc. Blume Management invested 0.14% in Visa Inc. (NASDAQ:TXRH). Prudential Financial owns 963,972 shares. Read More »

Akamai Technologies, Inc. (AKAM)

About 1.08M shares traded. It is down 0.00% since January 16, 2017 and is. It has underperformed by 2.87% the S&P500. Needham Investment Management Llc acquired 18,000 shares as Akamai Technologies Inc ( AKAM)'s stock declined 24.00%. Nationwide Fund holds 101,991 shares. (NASDAQ: AKAM ). Regions reported 0.01% stake. Leuthold Group Lc reported 11,542 shares. Nordea Invest Mgmt Ab holds 0% or 28,685 shares. Read More »

Bitcoin plunges $1000 in an hour amid fears of escalating crackdowns

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As of 10:39 GMT, the Bitcoin price stood at $11,971.50, down 13.6% from the same time yesterday. As bitcoin gained notoriety over 2017, it also drew more scrutiny. Bitcoin has been under the radar ever since the start of the years; its prices managed to peak at the $20,000 mark but faltered after due to massive conundrums in the market. Read More »

Skip work during NSW rail strike: union

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Mr Claassens said he was confident commuters would hold the New South Wales government and Sydney and NSW Trains management "ultimately responsible". " Workers are being stretched to capacity trying to deliver the shambolic new timetable, and now on top of this they're all being told they can't be guaranteed fair conditions and pay ". Read More »

White House doctor: Trump "has absolutely no cognitive or mental issues"

He played out a test called the Montreal Cognitive Assessment , a 10-minute test which tests for gentle psychological brokenness, and said Trump scored 30 out of 30. Dr Jackson revealed last week that the check-up at the Walter Reed military hospital in Bethesda, Maryland, had gone "exceptionally well", and that he was "enthusiastic" about sharing further details. Read More »

Earnings focus propels stocks rally, Dow tops 26000

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Citigroup (C.N) shares rose 0.4 percent to $77.15 after earnings topped expectations, the latest major US bank to post results for the fourth quarter. The measure's value rose $1,000 in 12 days, the highest rate it has ever experienced. SPDR Dow Jones Industrial Average ETF has a 1-year low of $196.69 and a 1-year high of $257.97. Read More »

Gilead Sciences, Inc. (GILD), Wal-Mart Stores, Inc. (WMT)

It has underperformed by 36.73% the S&P500. We have $39.92 PT which if reached, will make NASDAQ:PDCO worth $142.24 million more. Contrarius Investment Management Ltd decreased its stake in Gilead Sciences Inc ( GILD ) by 25.52% based on its latest 2017Q3 regulatory filing with the SEC. Read More »

Worth Watching Stock: Synergy Pharma Cmn (SGYP)

JPMorgan Chase & Co. now owns 3,405,377 shares of the biopharmaceutical company's stock valued at $8,820,000 after purchasing an additional 1,417,177 shares in the last quarter. Synergy Pharmaceuticals (NASDAQ: SGYP ) last posted its quarterly earnings results on Thursday, November 9th. Synergy Pharmaceuticals has a 12-month low of $1.68 and a 12-month high of $7.15. Read More »

General Electric Company (NYSE:GE) Plunges -3.94% in Early Trade on Tuesday

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The company earned $29.30 billion during the quarter, compared to analyst estimates of $29.64 billion. From President Trump's January 2016 inauguration through last week, shares of GE lost roughly 40% of their value. The firm has "Neutral" rating given on Monday, October 23 by UBS. The stock has "In-Line" rating by Evercore on Monday, June 5. Jefferies maintained it with "Buy" rating and $157 target in Wednesday, November 1 report. Read More »