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Business

Zions Bancorp Announces 39% Advance In Q3 Earnings

With RSI of 43.51, the stock should still continue to rise and get closer to its one year target estimate of $127.83, making it a hold for now. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.49 and $0.55.

Business

Nielsen Reports Lower Third-Quarter Earnings

Cantor Fitzgerald initiated coverage on Nielsen NV in a research report on Thursday, September 15th. When it comes to the Analysis of a Stock, Price Target plays a vital role. This represents a $1.24 annualized dividend and a yield of 2.71%. The ex-dividend date is Friday, November 18th. Janney Montgomery Scott LLC acquired a new stake in shares of Nielsen N.V.

Business

Wedbush Research Analysts Boost Earnings Estimates for Panera Bread Co. (PNRA)

The firm has a market cap of $4.50 billion, a PE ratio of 32.35 and a beta of 0.66. Several large investors have recently bought and sold shares of PNRA. Panera also plans to sell some of its outlets to fund the share-buyback program. The disclosure for this sale can be found here. Panera Bread Co was Upgraded by Longbow to " Buy" on Oct 10, 2016.

Business

Tesla Motors surprises with 3rd-quarter profit

As the company also looks for a November 17 shareholder vote on the proposed merger with Solar City, it is aiming for another 50,000 units sold, and 90,000 total. On November 17 shareholders are expected to cast their votes to decide the merger. Showing investors that Tesla has a sound business plan will help Tesla , which is in the midst of a cash crunch, raise the funding it needs to hit aggressive production targets ( which includes building a massive battery factory in Nevada ) and ...

Business

Google EPS, Revenue Beat, Ad Growth Slows

Mobile users also click on search ads at a higher rate than desktop users, Merkle said, in part because mobile ads take up virtually the entire screen for some searches. The group - basically everything except Google (think: Nest, Fiber, etc) - saw revenues of $197 million (last year: $141 million), and losses of 865 million (last year: $980 million).

Business

Time Warner Inc. (TWX) Stock Rating Reaffirmed by Nomura

He said the partnership between AT&T and Time Warner would lead to new products and services that will benefit customers across the entire ecosystem. But the concern is that anything AT&T might do to make its broadband service stand out by tying it to Time Warner's programs and films could hurt consumers overall.

Business

ConocoPhillips (COP) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS

ConocoPhillips on October 27 reported a third-quarter 2016 net loss of $1.0 billion, or ($0.84) per share, compared with a third-quarter 2015 net loss of $1.1 billion, or ($0.87) per share. ConocoPhillips closed its last trading session at $42.24 with the loss of -1.02%. The stock has a market capitalization of $51.24B along with 1.24B outstanding shares.

Business

Samsung's mobile profits plummet after smartphone recall

The recall fiasco has taken a major toll on the reputation of the world's largest smartphone maker, which saw its third-quarter operating profit plunge 30 percent from a year ago. The mobile business expects a recovery in its earnings to a similar level with that of the fourth quarter of 2015, led by solid sales of the Galaxy S7 and S7 edge.

Business

Target Price Review on Air Products and Chemicals, Inc. (NYSE:APD)

Four analysts surveyed by Zacks expected $2.48 billion. (NYSE:APD) posted its quarterly earnings data on Thursday. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.90 by $0.02.

Business

Police in riot gear begin to remove oil pipeline protesters

Protesters have gathered in Morton County to oppose the Dakota Access Pipeline, a project that would ship 470,000 barrels of oil per day from the Bakken play in northwest North Dakota to Patoka, Ill., so it could be shipped to market in the Gulf Coast.

Business

California National Guard members won't have to repay bonuses - for now

Among about 14,000 California Guard members whose bonuses and other incentive payments were reviewed, about 3,000 of those are men and women have since left the National Guard, Levine said . Army in 2008. "It is unthinkable to me that the Department of Defense's first reaction is to punish service members who fulfilled their end of the deal", Brian Duffy, the national commander of the 1.7 million-member Veterans of Foreign Wars, said in a statement.

Business

American Airlines Group Inc. (NASDAQ:AAL), The Dow Chemical Company (NYSE:DOW)

The company's revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.77 EPS. with MarketBeat.com's FREE daily email newsletter . The ex-dividend date of this dividend is Thursday, November 3rd. (American) US Airways Group Inc.

Business

MBA: Mortgage Application Volume Dropped 4.1%

Adjustable rate mortgage loans accounted for 4.2% of all applications, up 4.1% from the previous week. However, the Association said its members approved 38,252 mortgages for house purchase in September, down 15 per cent on the same month previous year but up from the 37,241 approvals in August, which had been the lowest level since January 2015.

Business

Galaxy Note 7 debacle sends Samsung operating profits down 30%

Lee, a Samsung Electronics director. In the third quarter, Samsung shipped 75.3 million smartphones, down by 10 percent year-on-year from 83.8 million phones moved in the same quarter of last year. The company's net profit fell 16.8 percent following the disastrous launch and unprecedented recall of the Galaxy Note 7 smartphone launch. If Samsung sticks to its release pattern, the new phablet will not be unveiled during Q1 2017 since that time of the year is ideally reserved ...

Business

Breast Cancer Awareness Month Coming To A Close In SCV And Beyond

To further reduce deaths from breast cancer and close the gap between black and white women, the CDC said better personalized treatments along with screening and getting care after a diagnosis of breast cancer are needed. More recently, in 2013 and 2015 she was awarded a total of $405,000 to research links between breast cancer and exposures to cadmium and arsenic through air and water.

Business

Donald Trump 2 points over Hillary Clinton in Florida: new poll

Another headline said, "Could Clinton Win Texas?" Some 62 per cent of people surveyed for the latest Economist-YouGov survey said they had heard "a lot" about that tape and 45 per cent said it was more than "locker room talk" - which was Trump's rebuttal when the video was released.

Business

AstraZeneca PLC (NYSE:AZN), Community Health Systems, Inc. (NYSE:CYH)

Community Health Systems shares face a clearly challenging situation: Community Health Systems's revised adjusted EBITDA guidance for 2016 is now 25% lower from the mid-point of its original 2016 guidance . Community Health Systems's revenue for the quarter was down 6.0% on a year-over-year basis. On average, equities research analysts forecast that Community Health Systems will post $1.31 earnings per share for the current fiscal year.

Business

SIRIUS XM (SIRI) Meets Q3 Earnings Estimates

As the outstanding stock of Sirius XM Holdings Inc . (NASDAQ:SIRI) now has P/E (Price to Earnings ) ratio of 33.48 while the company's industry has 51.84 P/E and the sector P/E is 27.66. The present market cap reflects only on the equity of NASDAQ:SIRI Broadcasting - Radio and is vital to note that the firm's choice of capital structure holds a substantial impact on how the aggregate value of the company allocated within the equity and debt.

Business

GE's $599 million deal bolsters 3-D bet after SLM purchase dies

GE last month announced a plan to acquire SLM and Arcam for a combined $1.4 billion to help build a robust 3-D business. The Boston-based company, which already uses the machines to print fuel nozzles for jet engines, has said acquisitions can help it build a $1 billion 3-D printing business by 2020.

Business

Belgians reach deal on EU-Canada free trade agreement

The row has reignited long-standing tensions between Wallonia, a region that has struggled with a legacy of industrial decline and high unemployment, and its wealthier neighbour Flanders, which does more trade with Canada. Liberal MEP Marietje Schaake said CETA is a good deal but process to get here was very tough and damaging for the EU. "But if we took a bit of time, what we achieved here is important, not only for Wallonia but for all Europeans".

Business

Hyundai, Kia reach $41.2m settlement with multiple states

Hyundai in November 2012 issued a voluntary adjustment of fuel economy ratings for roughly 25 percent of its 2011-13 model year vehicles that reduced their combined city/highway fuel economy by 1-2 miles per gallon. The companies, the states claimed, sought to capitalize on the misstated mileage estimates by placing them prominently in advertisements and other promotional campaigns during a time of high fuel prices.

Business

Valuable Sizzling Stock of Yesterday- Caterpillar, Inc. (NYSE:CAT)

The stock tapped a 52-week high of US$21.8 while the mean 12-month price target for the shares is US$19.29. Several brokerages have commented on CAT. Now undergoing a restructuring programme that could include the closure of up to 20 plants in the next two years, Caterpillar has already reduced its global workforce by over 14,000 people, to an estimated 108,800.

Business

Verizon executive says company needs more information about Yahoo hack

Her comments come just weeks after Yahoo disclosed a 2014 breach exposed at least 500 million accounts , making it the worst hack in history. The Yahoo deal is part of Verizon's efforts to create a digital advertising player that can serve as a meaningful rival to Facebook Inc.

Business

Wells Fargo refunds $25K to NM customers

Its Price to Cash Flow ratio shows the value of 12.28, whereas, the industry and sector ratio of Price to Cash Flow ticked at 16.96 and 19.88 respectively. Among those, about 1,000 account-holders were charged a fee to cover the accounts they hadn't signed up for, King said. Wells Fargo has about 5.0 billion shares outstanding.

Business

Lowe's Companies, Inc. 8.6% Potential Upside Now Implied by Wedbush

Lowe's Companies, Inc . using SYMBOL/TICKER code NYSE:LOW had its stock rating noted as "Downgrade" with the recommendation being set at "NEUTRAL" yesterday by research analysts at Wedbush . Presently, Analysts measured mean EPS forecast of $0.97 for current quarter and thirty days ago mean EPS estimate was at $0.97. During the same quarter in the previous year, the company posted $1.20 EPS.

Business

Groupon buys rival LivingSocial for a heavy discount

Gross billings were influenced by dispositions and country exits in connection with Groupon's restructuring efforts. Apart From the impact of changes in foreign exchange rates, EMEA declined 8% and Rest of World declined 23%. The stock appeared -11.45% below its 52-week highs and is up 4.99% for the last five trades. The Stock has its 52-week High of $5.94 and 52-Week Low of $2.15 and it touched its 52-week high on Aug 9, 2016 and 52-Week Low on Feb 11, 2016.

Business

US goods orders dip in September with investment down

A key measure of investment, orders for goods made to last more than three years, turned lower in September, with fewer Defence orders acting as the main drag. Other reports show the USA industrial sector stabilizing in September. Despite the recent upticks, such spending remains 3.9% lower so far this year than in the same period a year ago.

Business

Biz Verizon acquires video startup Vessel

The service honed in on short-form content in a range of categories, and offered early access to videos 72 hours ahead of their public release date. The move is meant to bolster the telco's OTT video efforts, while enhancing its content discovery and innovative features.

Business

Your guide to voting in Indiana for the 2016 election

For the demographic breakdown, 621 women and 592 men have voted , while 922 white voters, 268 black voters and 23 voters of other races have also cast ballots. In that survey (which had Democrats leading narrowly for both president and governor, while trailing narrowly in the race for the U.S. Senate), Hillary Clinton held a 63-37 lead among those who had already voted .

Business

Ratan Tata meets LIC chairman

He said the suddenness of the action, and the lack of explanation has led to all manner of speculation and has done immeasurable harm to his reputation as well as that of Tata Group . Two days ago, the Tata Group unceremoniously removed Cyrus Mistry as the chairman of Tata Sons, effective immediately, and brought in chairman emeritus Ratan Tata as the interim chairman.

Business

The FCC just passed sweeping new rules to protect your online privacy

Two Washington D.C. -based think tanks blast new FCC rules on broadband privacy, saying regulators are "picking winners and losers" as well as setting a "terrible precedent likely to reverberate throughout the Internet ecosystem for years to come".

Business

Dollar Near 3-Month High Versus Yen on Policy Divergence Bets

The euro initially inched higher against dollar on Wednesday as risk-aversion environment in global markets and uncertainty surrounding Federal Reserve Monetary policy and upcoming U.S. The Russian rouble was at 62.24 against the dollar and had strengthened by close to 15% YTD on account of revival in oil prices. The market will look to the third quarter U.K.

Business

Nokia CFO quits as sales continue to fall

Nokia bought Alcatel Lucent earlier this year to better compete with Ericsson and China's Huawei [HWT.UL] in a global telecom equipment market with limited growth prospects until a fresh cycle of network upgrades is slated to begin around 2020.

Business

ZTO Express Drops After Raising Year's Biggest U.S.-Listed IPO

The underwriters for the offering are Morgan Stanley, Goldman Sachs, China Renaissance, Citigroup, Credit Suisse and JPMorgan. Between 75% and 80% of the parcels handled by ZTO in recent years came from Alibaba's online shopping platforms, the delivery firm said in a filing.

Business

Maruti Suzuki Jul-Sep net jumps 60% to Rs 2398 crore

The company sold 4.18 lakh vehicles in the second quarter which was 18 percent higher than what it sold in the second quarter of last fiscal. "The company is well on track and confident of achieving double-digit growth during the year", Chairman R C Bhargava said at a post-results press conference, citing favourable market conditions and better production levels.


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