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Business

Keep in touch with dividend stock: United States Steel Corporation (NYSE:X)

State Street Corp now owns 10,542,005 shares of the company's stock valued at $49,124,000 after buying an additional 2,064,534 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of AK Steel Holding Corporation by 47.0% in the second quarter. Following the transaction, the chief executive officer now owns 492,276 shares of the company's stock, valued at approximately $15,875,901.

Business

Valero Energy quarterly profit beats estimates on higher ethanol margins

A number of other hedge funds and other institutional investors have also modified their holdings of VLO. During the same quarter in the previous year, the company posted $1.79 EPS. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.10%. Retirement Systems of Alabama raised its stake in shares of Valero Energy Corporation by 1.3% in the second quarter.

Business

H&M's new sales target could fray quickly

Head of investor relations Nils Vinge said the store portfolio review would probably mean a larger number of gross store closures and gross new openings than a year ago. Swedish clothing retailer Hennes & Mauritz (H&M) has reported a rise in fourth quarter net profits although the strong United States dollar pushed up purchasing costs.

Business

Daily Ratings & News for Enbridge Energy Management LLC

Enbridge Energy Partners, L.P. (NYSE:EEP) closed down -2.32 points or -10.88% at $19.01 with 7.48 mln shares exchanging hands. The company presently has an average rating of "Hold" and a consensus target price of $24.67. A number of institutional investors have recently added to or reduced their stakes in the company. The company's P/E is 0 and Forward P/E ratio is 0.

Business

Teva Pharmaceutical Industries Limited (NYSE:TEVA) Under Analyst Spotlight

Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 4.00 as compared to its debt to equity ratio stands at 0.39. Teva Pharmaceutical Industries Limited on 11/15/2016 reported its EPS as $1.31 with the analysts projecting the EPS of the stock as $1.28. Teva Pharmaceutical Industries Limited has a one year low of $32.11 and a one year high of $62.31.

Business

Consumer confidence knocked from 15-year high as income optimism fades

Consumers' appraisal of the present improved, to a reading of 129.7 from 123.5, but the expectations index fell to 99.8 from 106.4. Joe Staton, head of market dynamics at GfK, said: "Despite strong GDP and record FTSE highs, the combination of Brexit jitters, Blue Monday, and a wobbly pound pushing up prices contributed to keeping United Kingdom consumer confidence negative at minus five this month".

Business

Iran calls Trump's order 'an obvious insult to the Islamic world'

While innocent immigrants and refugees are detained and chaos rules at airports throughout the country on January 28, Donald Trump claims his Muslim ban is 'going nicely.' The President made his shocking remarks after people were seen chanting 'let them in!' See pics and videos! Apple Inc CEO Tim Cook sent a letter to employees saying that they donot support this policy of Trump and promised to help affected employees.

Business

The Case for and Against Hewlett Packard Enterprise Co. (HPE)

Finally, Tiemann Investment Advisors LLC boosted its stake in shares of Hewlett Packard Enterprise Company by 1.5% in the second quarter. The company reported $0.61 EPS for the quarter, meeting the consensus estimate of $0.61. Also, EVP Robert Youngjohns sold 179,890 shares of the company's stock in a transaction on Wednesday, November 2nd. Revenue is expected to range from 11.71 Billion to 12.5 Billion with an average of 12.11 Billion.

Business

Ocado sees a rise in profits

Chief Executive Tim Steiner told reporters the firm was "busier than we've ever been" having talks with potential clients. Shares in online supermarket Ocado (LON:OCDO) rose almost 7 percent in early trade on Tuesday, aided by a strong growth in both customer demand and profit.

Business

Booz Allen Hamilton Holding Corporation (NASDAQ:BAH) To Release Earnings

In terms of earnings per share, 6 analysts have a 0.47 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 6 analysts have a 0.46 EPS mean target and for the quarter ending Sep-17 there are 10 estimates of 1.74 EPS.

Business

Conway slams Democrats' vow to filibuster Trump Supreme Court pick

A Supreme Court justice can have influence in national affairs for years or decades after the president who made the appointment has left office. Trump is reportedly leaning towards Pennsylvania federal appeals court judge, Thomas Hardiman , and Denver-based federal appeals court judge, Neil Gorsuch .

Business

Home Prices Climbed Another 5.6% In November, Says S&P/Case-Shiller

National Home Price NSA Index, which covers all nine U.S. census divisions, increased 5.6% annually, up from 5.5% from the previous month. The only cities with greater annual home price gains that Dallas were Seattle (10.4 percent), Portland (10.4 percent) and Denver (8.7 percent).

Business

Eli Lilly Q4 Profit Misses, But Revenues Beat

The number of shares now owned by investors are 1.07 bln. Receive Eli Lilly and Company News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eli Lilly and Company with MarketBeat.com's FREE daily email newsletter .

Business

Earnings Analysis of: Exxon Mobil Corporation (NYSE:XOM)

Exxon Mobil Corporation makes up approx 2.15% of Lourd Capital's portfolio. XOM reported $0.41 earnings per share for the quarter, missing the analyst consensus estimate by $-0.30. They noted that the move was a valuation call. Horan Securities Inc. bought a new position in shares of Exxon Mobil Corporation during the third quarter valued at $137,000.

Business

Investors Catching Stocks: Pfizer Inc. (NYSE:PFE)

The ex-dividend date of this dividend is Wednesday, February 1st. Catawba Capital Management VA boosted its stake in Pfizer by 0.8% in the second quarter. Pfizer has set its FY16 guidance at $2.38-2.43 EPS. Earnings per share (ttm) for New Gold, Inc. The shares were sold at an average price of $30.05, for a total value of $552,619.50.

Business

Under Armour Earnings, Sales Miss, CFO Exits; Stock Dives

Sixteen analysts surveyed by Zacks expected $1.41 billion. Under Armour also said that Chief Financial Officer Chip Molloy, who took that job about a year ago, has chose to leave the company "due to personal reasons". An operating loss of $12M to $14M is cited on the conference call. Piper Jaffray Companies reissued an overweight rating and issued a $41.00 target price (down previously from $44.00) on shares of Under Armour in a research report on Wednesday, October 26th.

Business

Confirmation hearing underway for Attorney General nominee Jeff Sessions

President Trump has already ably demonstrated that he does not want to negotiate, or compromise, or work together with anyone. Mr Trump replaced her with Dana Boente, a federal prosecutor for the Eastern District of Virginia. "When he signed his stupid executive order Friday afternoon". One question that has yet to be answered is what, if any , impact moves by Sessions would have on the state of Alabama and its reputation if he becomes attorney general.

Business

United Parcel Service Q4 Earnings Rise 1%

They issued an "outperform" rating and a $125.00 price target on the stock. They noted that the move was a valuation call. Based on several research reports, Loop Capital Initiated United Parcel Service on Dec 20, 2016 to "Hold", Price Target of the shares are set at $124.JP Morgan Initiated United Parcel Service on Dec 13, 2016 to "Neutral", Price Target of the shares are set at $118.

Business

Uber, Ola Must Stop Car-Pooling Services In Karnataka Starting Friday

As per a report in ET , Karnataka's Transport Ministry held an hour-long meeting with representatives of aggregator business and drivers to discuss the issue with shared cab services. The drivers have voiced their concerns over the minimum number of trips and drop in incentives. Carpool is encouraged in many countries. "There are, of course, safety issues but banning is not the solution".

Business

Mexico opposition leader urges United Nations lawsuit over Trump wall

Mr Pena Nieto has condemned the move to build a border wall but so far has not decided whether to cancel Tuesday's meeting with the United States president, following calls from opposition leaders after Mr Trump issued a widely expected order to begin work on the massive wall.

Business

Colgate-Palmolive Company (NYSE:CL) & Platform Specialty Products

The Company has 52-week high of $75.38 and 52-week low of $63.43. Sell-side analyst recommendations point to a short term price target of $72.95 on the company shares. Finally, Oakworth Capital Inc. raised its stake in shares of Colgate-Palmolive Company by 152.2% in the second quarter. Krilogy Financial LLC now owns 1,504 shares of the company's stock valued at $110,000 after buying an additional 46 shares during the last quarter.

Business

Things to Know About the New Miss Universe: France's Iris Mittenaere

SGT This article mistakenly named Miss-Colombia Universe 2015 as Andrea Tovar . "I'm surprised how attractive it is, and we are really so happy". I am always touching the crown and saying 'Oh my God. Monday's show was headlined by United States performers including Grammy award-winning rhythm and blues group Boyz II Men and rapper and Grammy award nominee Flo Rida.

Business

Iraq calls on U.S. to review 'wrong' travel ban

Interpreters who worked for US troops in Iraq were also detained before being granted entry. The Trump regime had to retreat in the wake of the nationwide protests.The official said that as of midday Sunday, 170 people had applied for and been granted the waivers, and stressed that only a fraction of all the travelers to the United States since Trump signed his order on Friday were affected.

Business

Delta Domestic Flights Resume After System Outage

Several firms have issued research on Delta Air Lines. Travelers are advised to check with the airline for flight delays and cancellation details. Delta Air Lines has suffered a major systems outage. As a result, the company says affected customers will be able to make changes to their itineraries without a fee or even cancel their flights for a refund.

Business

Goldman Sachs CEO warns of 'disruption' from Trump travel ban

Blankfein's position against the order is noteworthy because several Goldman Sachs alumni have joined the Trump administration. Similarly, the State Department is reported to be circulating a "dissent channel cable ", signed by both mid-level and high-level officials, that criticizes the ban on the grounds that it "does not achieve its aims and will likely be counterproductive" in the fight against terrorism and that it will "immediately sour relations with these seven countries, as well as ...

Business

Markets consolidate ahead of Union Budget

IndusInd Bank, ITC, Bharti Airtel and Power Grid were also among the gainers. The Finance Ministry's Chief Economic Adviser, Arvind Subramanian, will later in the day unveil the Economic Survey, which will contain assumptions underpinning the annual Budget - and float new policy ideas.

Business

Shell agrees UK North Sea, Thai asset sales worth $4.7 billion

Chrysaor said the assets being acquired, which include Shell's interests in Buzzard and a 10 per cent stake in the BP-operated Schiehallion, produced 115,000 barrels of oil equivalent per day (boepd) in 2016 with operating costs across the portfolio of under $15 per barrel.

Business

Amid Trump immigration row, France doubles visas for Iranians in 2017

This is the first visit by a foreign minister of a world power since the new US administ. Iran's official IRNA news agency is reporting that France's foreign minister has arrived in Tehran for a two-day visit. From the Iranian side, Iranian Foreign Minister Mohammad Javad Zarif, ICCIMA Head Gholam-Hossein Shafeie, and some Iranian private sector's entrepreneurs are to take part in the forum.

Business

New H-1B legislation in USA tumbles Indian IT stocks

A legislation has been introduced in the US House of Representatives which among other things calls for more than doubling the minimum salary of H1B visa holders to $130,000, making it hard for firms to use the software professionals to replace American employees with foreign workers, including from India, PTI report said.

Business

JGBs mostly edge down; investors await BOJ buying plans

The BOJ bought the smallest amount of Japanese government bonds in more than two years in January. Jan 31 Japanese government bonds mostly slipped on Tuesday, with only some superlong maturities inching up, as investors braced for the Bank of Japan's announcement of its monthly JGB-buying plans for February.

Business

After talks, Mexico says at 'impasse' with Trump over wall payment

Trump, who visited Republican lawmakers at their policy retreat in Philadelphia, told them he would use tax reform legislation to pay for the border wall. Trade ties are in the balance after Trump vowed to renegotiate the North American Free Trade Agreement and slap high tariffs on American companies that have moved jobs south of the border.

Business

Democrats Draft Bill Overturning Trump Immigration Ban

The department said the U.S. government retained its right to revoke visas at any time if required for national security or public safety. "We will fight it with everything we have and we will win this fight", he said at the protest. But Mr Trump later added some clarity to his earlier move saying that the USA will be issuing visas to all countries once secure policies have been put in place.

Business

Molten Fuel May Have Been Found

If confirmed, this would be the first time they've managed to locate the fuel since the 2011 nuclear disaster. Many of those people are unlikely to return. But it has failed to establish the location of the melted fuel rods in the other three damaged reactors at the plant. The delicate, potentially unsafe task of decommissioning the plant has barely begun, however.

Business

Here's why thousands of people are deleting the Uber app

The fallout on social media has quickly become the second highest trend in the United States, with many users screenshotting pictures of them deleting their Uber accounts. The hashtag Delete Uber trended on twitter after customers' notice that Uber drivers tried to the business at JFK airport during a taxi strike.

Business

Wheatland Advisors Inc. Has $1039000 Position in Marathon Oil Corporation (MRO)

Strs Ohio raised its stake in Marathon Oil Corporation by 4.1% in the second quarter. The consensus recommendation 30 days ago for this company stood at 2.18. The ex-dividend date is Tuesday, February 14th. UBS analysts disclosed their opinion on Marathon Petroleum Corporation (NYSE:MPC) recently. Marathon Oil Corporation had its "buy" rating reiterated by analysts at Jefferies.


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