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Business

Zidane: Ramos Was The Difference In Super Cup Win

Sevilla , however, held firm and responded through Vazquez, who slotted the ball inside the far post when it fell to him in the area four minutes before halftime. " Benzema is fine. He hasn't played in the most recent games and we aren't going to take any chances", he told the media . A few minutes before the end of the first half, Vazquez gained a goal for Sevilla and reestablished the draw.

Business

Delta says 90 more flight cancellations; others predict more

It might have been 16 hours late, but it was never canceled. Two Delta flights were canceled Monday at Bill and Hillary Clinton National Airport/Adams Field in Little Rock, an airport spokesman said. Delta advised passengers to check the status of their flights on Delta.com or on the Fly Delta App . The original crew members had run out of service time they were allowed to work.

Business

Hamlin takes first Cup road course win

The sixth caution flew on lap 78 for a blown engine and erased a 5-second lead the two leaders had built over Hamlin, Martin Truex Jr. and Joey Logano, who was seeking his second straight sweep of the Cup and Xfinity races at The Glen. The organization and manufacturer continue to dominate the series and with the Chase closing in, it's apparent this year's Sprint Cup title goes through JGR/Toyota.

Business

Coach profit soars after buying shoe seller Stuart Weitzman

Coach posted fourth quarter earnings of 45 cents per share, higher than analysts' expectations of 41 cents per share. Coach Inc was Upgraded by Credit Suisse to " Outperform" on Jul 27, 2016. Sales from the Coach brand rose 11% YoY to $1.07 billion during the period. CEO Victor Luis said noted that the company saw particular acceleration in its North America direct business - comps gained a record 2 percent in the region - as its strategic actions begin to take hold.

Business

Wendys Co (NASDAQ:WEN) Analyst Research Summary

On year trading price range hit the peak level of $11.38 and touched the lowest level of $8.43 and its distance from 52 week high is -9.93% and current price is above +23.07% from 52 week low. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. On a per-share basis, the Dublin, Ohio-based company said it had profit of 10 cents.

Business

Myriad Reports 2 Percent Revenue Dip in Fiscal Q4, Missing Estimates

Piper Jaffray also downgraded the stock from Overweight to Neutral and lowered the target price from $47 to $22. Shares of Myriad Genetics were down more than 20% after hours. State Street Corp now owns 2,200,112 shares of the company's stock worth $82,349,000 after buying an additional 188,101 shares during the last quarter.

Business

PPL Corp. (PPL) Stock Down on Mixed Q2 Results

PPL Corp (PPL) reported quarterly earnings results on Tuesday, Aug-9-2016. It also saw earnings per share rise to 71 cents compared with a loss of $1.13 per share in the same quarter of 2015. Its six months performance indicated a bullish movement while its yearly performance reflected a positive trend of 16.93%. Shares of PPL Corp (NYSE:PPL) now have an ABR of 2.56, derived from a total of 9 opinions.

Business

Space station supply run by Orbital ATK slips to September

The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share. Orbital ATK Inc . posted its sharpest drop in nearly a year after the weapon and space-systems manufacturer delayed its second-quarter earnings filing to regulators because of previous accounting mistakes.

Business

Train derails in Kentucky; officials order shelter-in-place

US 27 is closed in both directions at Falmouth due to the wreck. Residents have been told to stay indoors. Southern Elementary School has been evacuated to the high school because the elementary school is located downwind. The cause of the derailment wasn't immediately released Wednesday. The train was traveling from Cincinnati to Atlanta and derailed near Woodson Street in Falmouth at about 10:40 a.m., according to CSX spokeswoman Melanie Cost.

Business

Changes at Ralph Lauren come at cost investors are OK with

For Fiscal 2017, Ralph Lauren continues to expect consolidated net revenues to decrease at a low-double digit rate. Analysts had expected the company to earn $0.89 per share, according figures compiled by Thomson Reuters. Just months after taking over as CEO for founder Ralph Lauren late a year ago, Stefan Larsson initiated significant changes. The New York company lost $22 million, or 27 cents per share, after reporting a profit in the same period a year earlier.

Business

United Nations vows internal probe over Hamas aid allegation

A United Nations official has been arrested by Israel for allegedly abusing his position to support Hamas. Mr Nachshon said Israeli authorities were preparing to release information soon on a United Nations organisation Israel also alleges is linked to Hamas.

Business

Enterprise Products Partners L.P. (NYSE:EPD)Analyst Research Summary

Maryland Capital Management now owns 50,543 shares of the company's stock valued at $1,244,000 after buying an additional 1,775 shares during the period. Shareholders of record on Friday, July 29th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 5.88%.

Business

Credit Suisse Initiates Coverage on Community Health Systems to Neutral

Many analysts are providing their Estimated Earnings analysis for Community Health Systems, Inc. and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $0.39/share. JFS Wealth Advisors LLC increased its stake in shares of Community Health Systems by 28,122.2% in the second quarter. The last close places the company's stock about $3.06 off its 52 week high of $69.82 and $21.31 above the 52 week low of $45.45.

Business

Bourgeon Capital Management Lowers stake in Johnson Controls Inc (JCI)

However, currency headwinds and stiff competition are some concerns. The Hedge Fund company now holds 4,643 shares of JCI which is valued at $214,228. Six equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock.

Business

Tesla to buy SolarCity for $2.6 billion in stock

The agreement also gives SolarCity a 45-day window to "go-shop", which essentially would allow the solar energy systems installer to seek out other purchase offers through September 14. Tesla first made the move to acquire SolarCity in June, and the all-stock offer has since been under deliberation. Under the all-stock deal, SolarCity shareholders will receive 0.110 Tesla common shares.

Business

Oil falls on oversupply as calls for producer talks draw skepticism

In 2017, non-OPEC supply is expected to decline by 150,000 barrels a day, following a downward revision of 40,000 barrels from last month. This was a negation of trends that saw prices doubling from a 12-year low in February. The Saudi strategy succeeded in curbing US crude output, at least for a time. The Organization of Petroleum Exporting Countries announced on Monday it will hold informal talks on the sidelines of a conference in the Algerian capital next month.

Business

Clinton's Job Promises Fell Short as NY Senator

Democratic presidential candidate Hillary Clinton broke her promise to deliver more jobs to upstate NY when she represented the state in the US Senate and failed to prevent a further catastrophic loss of jobs there, Republican presidential candidate Donald Trump said in a speech on Monday.

Business

Oil prices bounce on U.S. gasoline stock draw, dollar's decline

West Texas Intermediate (WTI) crude oil, the main USA oil benchmark, was trading 2.7% higher at $40.61 per barrel at the time of writing while Brent oil, the worldwide oil benchmark, was up 2.5% at $42.84 per barrel. Oil prices pushed higher on Tuesday, scraping back losses as bargain-buyers took advantage of a weaker dollar, the day after slipping into a bear market.

Business

DA Davidson Downgrades WhiteWave Foods Co. (WWAV) to Neutral

They now have a $56.25 price target on the stock, up from their prior price target of $55.00. Post opening the session at $55.6, the shares hit an intraday low of $55.56 and an intraday high of $55.71 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Business

Freeport-McMoran, Inc. (NYSE:FCX) , ConocoPhillips (NYSE:COP)

The stock has received rating from many Reuters analysts. A month ago, they told us to expect earnings of US$0.44 per share while three months ago their EPS consensus estimate was US$0.48. The stock price is going above to its 52 week low with 60.93% and lagging behind from its 52 week high with -5.65%. On Friday, Shares of Freeport-McMoRan Inc (NYSE:FCX) lost -0.73% to $12.23.

Business

Alibaba Cloud opens Global Marketplace, AliLaunch Program

It aims at doing so by using the online e-commerce platform that is doing exceptionally well in the Asian region. Cloud computing enables companies to buy, sell, lease or distribute online a range of software and other digital resources as an on-demand service, just like electricity from a power grid.

Business

Iron ore giants reject proposed A$7.2bn mining tax hike

Premier Colin Barnett said the plan would not be adopted as Liberal party policy and was undoubtedly of concern to the corporate giants. The Nationals want to amend the state agreements with each company created in the 1960s, to lift the existing production rental of 25 cents per tonne, to a flat rate of $5 per tonne.

Business

Bank to lower its rates

The BOE package "snapped a streak of underwhelming action by global central banks recently" and "should keep the pound broadly pressured", said Omer Esiner of Commonwealth Foreign Exchange. Technology stocks have done better than the broader market in the spring and summer, and on Thursday they were led higher by companies including Facebook and communications chipmaker Broadcom.

Business

World Gold Council, LME and Financial Institutions to Launch LMEprecious

The aim is to boost liquidity in London across the range of precious metals starting with gold and the new platform "LMEprecious" will be developed to accommodate the way trading is changing. LME now offers trading in base metals, plastics and steel contracts. It will also provide additional robustness to the precious metals market, broaden market access, make trading more capital efficient and trade life cycle management easier.

Business

U.S. Productivity Unexpectedly Falls for Third Straight Quarter

United States labour productivity fell for a third consecutive quarter over the three months ending in June, pressuring labour costs higher despite slower wage growth, although inflationary pressures eased substantially, leaving economists divided on the implications of the data for monetary policy.

Business

Large Inflow of Money Detected in Petroleo Brasileiro S.A.- Petrobras

Petrobras (NYSE:PBR) has a market capitalization of $50.88 billion and most recently 5.85 billion outstanding shares have been calculated. The total of 22.35 million shares exchanged hands, whereas the company's average trading volume stands at 26.42 million shares.

Business

California grapes threatened by giant fire

The schools in Apple Valley school district were open Monday, but as air quality deteriorated and wind patterns shifted, the school district made a decision to close all schools, programs and offices. Authorities say that the fire has now ravaged almost 7,700 acres and has caused massive evacuations in the area. Hindered by the mountainous terrain near Pilot Rock Conservation Camp above Silverwood Lake, firefighters battled the rapidly spreading fire through the night into Monday ...

Business

Stocks rise and pound drops as BoE cuts rates

Investors had expected the interest rate cut, but the size of new quantitative easing took them by surprise, pushing the sterling down 1.6 percent and triggering a 1.6 percent rally in United Kingdom stocks. The dollar index inched down 0.1 percent to 95.665 after gaining 0.2 percent on Thursday. The dollar slipped 0.1 percent to 101.07 yen, on track to fall 1 percent for the week.

Business

Vail Resorts to buy Canada's Whistler Blackcomb

The C$36 per share cash-and-stock offer represents a premium of about 43 percent to Whistler Blackcomb's Friday close. Vail operates nine mountain resorts and two urban ski areas including Vail, Breckenridge and Keystone in Colorado, Park City in Utah and three resorts in the Lake Tahoe area.

Business

Futures tread water after S&P, Nasdaq hit record highs

The S&P 500 Index (SPX - 2,181.74) picked up 0.9 point, or 0.04%, while hitting another record high. Overseas, European equities traded slightly lower, with the Stoxx 600 index slipping 0.13 percent. Vail Resorts Inc . shares closed up 8% after the company said it has agreed to buy rival ski-mountain operator Whistler Blackcomb Holdings Inc.in a C$1.39 billion cash-and-stock deal.

Business

Coach Chief Victor Luis Talks Earnings, Outlook

Luís emphasized on the conference call that Coach is trying to "reenergize" and "elevate" the brand in North American wholesale channels through a number of measures, including its assortment and availability in "top-tier specialty stores".

Business

Norwegian Cruise's stock tumbles after downbeat profit outlook

The company expects full-year earnings in the range of $3.35 to $3.45 per share. Revenue was in line with expectations, and earnings beat estimates by $0.02. These analysts also forecasted Growth Estimates for the Current Quarter for NCLH to be 10.7%. 09/18/2015 - Norwegian Cruise Line Holdings Ltd . had its "overweight" rating reiterated by analysts at Barclays.

Business

Toronto Mayor John Tory announces its Tragically Hip Day

But the band would still tour their latest album, " Man Machine Poem ". As the Tragically Hip pulls into the Air Canada for the first of three shows on their final (?) tour tonight, Mayor John Tory has declared today "Tragically Hip Day".

Business

Prudential Rallies After Asia Drives First-Half Profit Beat

New life insurance sales in Asia totalled £1.66bn in the first six months of the year, up 21pc and more than the amount Prudential sold in the United Kingdom and the USA combined. Meanwhile, operating profit from Asia grew to £743m, an increase of 18 per cent on a reported basis, while Asia new business profit was reported as £824m, an increase of 24 per cent on a reported basis.

Business

SunPower Corp. (SPWR) Rating Reiterated by Oppenheimer Holdings Inc

Robert W. Baird restated a "buy" rating on shares of SunPower Corp.in a research note on Sunday, May 8th. Finally, Janney Montgomery Scott reaffirmed a "buy" rating and issued a $30.00 price target (up from $17.00) on shares of SunPower Corp.in a report on Monday, May 9th.


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