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Hologic Expands Into Medical Aesthetics With $1.4B Cynosure Deal

This company shares are -10.31% up from its target price of $59.13 and the current market capitalization stands at $1.55B. The correct version of this piece of content can be accessed at https://www.com-unik.info/2017/02/14/cynosure-inc-cyno-rating-lowered-to-hold-at-maxim-group.html.

Business

Rob Scott to take Wesfarmers' reins from Richard Goyder

Total revenue in the network jumped 6 per cent in the six months to December 31 to $927 million and earnings before interest and tax grew 5 per cent to $62 million. Normalised earnings after interest and tax - which stripped out the benefit of property sales - fell nearly 7 per cent, as comparable food sales growth slowed to 1 per cent, its lowest level since 2010.

Business

USA retail sales for January edge past forecasts

Additionally, core retail sales - which do not include auto sales - jumped by 0.8% in January, well above the 0.4% growth expected by economists. Excluding motor vehicles, they rose 0.7 per cent. Yet while auto purchases bolstered retail sales in December, core readings that exclude volatile items have been sluggish recently. In contrast, sales of medical goods & toiletries rose 9.9 per cent, while recreational goods, furniture & household equipment, mini-marts & convenience stores, optical ...

Business

King to depart Tyson Foods; White to serve as chief operating officer

Based on their most recently released notes to investors, 5 analysts have a rating of "buy", 3 analysts "outperform", 4 analysts "hold", 0 analysts "underperform" and 1 analysts "sell". 10/11/2016 - Tyson Foods, Inc. was upgraded to " by analysts at BMO Capital Markets. The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th.

Business

Warren Buffett takes a big bite of Apple

Elliott Management increased its own stake in Apple by 122% taking it from 1.39 million shares at the end of the third quarter in 2016 to 2.57 million shares at the end of the fourth quarter past year. It exited Deere & Co. Among other moves Buffett's Berkshire made during the fourth quarter, it slashed its stake in Wal-Mart Stores Inc.(WMT) to 1.39 million shares from 12.97 million shares.

Business

Freeland sees USA 'enthusiasm' for easing cross-border trade

Canada's foreign minister warned the Trump administration on Wednesday that her country will retaliate if the United States applies new tariffs. Trump has said NAFTA puts USA workers at a disadvantage. presidents: keeping the economic ties tight but not appearing too chummy or subordinate. Trump reassured Trudeau over NAFTA, which Trump repeatedly ripped on the campaign trail, saying his focus was primarily on Mexico .

Business

Indian shares end at 2-week low; Tata Motors plunges

The BSE market breadth was tilted in favour of the bears - with 1,776 declines and 1,050 advances. The benchmark BSE Sensex ended down 0.7% at 28,155.56 points, its lowest level since February 1, while the broader NSE Nifty 50 index closed 0.8% lower at 8,724.70 points.

Business

Insurer Humana bails on Obamacare exchange business for 2018

The company said in a press release it has tried for the past several years to keep selling policies where it could offer "a viable product". The move comes the same day that Humana and rival Aetna terminated their merger agreement . Other health insurers have threatened to pull out of the individual market if there is no clarity from Capitol Hill or Trump Health Officials on stabilizing the markets, but Humana is the first to say that it will pull out altogether.

Business

DENR cancels 75 mining contracts

She assured DENR will act accordingly if the MPSA holders fail to respond. CoMP said any specific findings of violations of the Mining Act of 1995, or of terms of the Mineral Production Sharing Agreement (MPSA), should have been filed with the Mines and Geosciences Bureau (MGB).

Business

Yellen Sees More Rate Hikes With Economic Growth

Two hours after its 9:30 a.m. opening, the Dow Jones Industrials increased 9 points to 20,422. Slightly more stocks rose on the New York Stock Exchange than fell. Cynosure, which makes devices used in laser body contouring, hair removal and skin care, soared after agreeing to be bought by medical device maker Hologic for $1.57 billion.

Business

Trudeau meets Trump in first face-to-face at White House

The meeting came after Canada said it would offer temporary residence to those affected by Trump's executive order on immigration. "We know our economy is very dependent on our bonds, our relationship with the United States", Trudeau said.

Business

Nuclear write-down leaves Toshiba with $3.5-billion loss in third-quarter: Nikkei

In a sign of how bad things are, Toshiba said it is considering selling a majority stake in its memory chip business. It also plans to stop building nuclear plants and could sell stakes in other subsidiaries, including USA -based Westinghouse.

Business

Massive fire rips through Toronto sports club

Clair Ave. W. Eckerman said firefighters received a call about the fire around 9:20 a.m. about the fire from people who were leaving the building. Deputy Fire Chief Jessop said firefighters have evacuated other neighbouring buildings and street-front businesses in the area.

Business

Jaguar, Shell launch first payment system by a auto

Jaguar claims this is the first use of an in-car payment system for fuel, and that it's only the beginning of its potential. The functionality launches Wednesday, February 15 in the United Kingdom and additional availability will roll out over the course of this year.

Business

Oil climbs as global-output signals sway prices

The output reductions should help global crude oil supply and demand resettle to equilibrium, after a supply glut of 500,000 barrels a day in late 2016. Various non-OPEC nations including Russian Federation also committed to reduce their output. Regarding the US rise in oil production, analysts consider this will convey weakness to the market.

Business

Sensex Dips 12 Points; Nifty Ends Below 8800

The Sensex at the Bombay Stock Exchange (BSE) ended 184 points down at 28,156, and the Nifty at the National Stock Exchange (NSE) closed 68 points lower at 8,725. The NSE Nifty fell by 17.10 points, or 0.19 per cent, to 8,775.20. The BSE market breadth was tilted in favour of the bears - with 1,776 declines and 1,050 advances.

Business

Peugeot Citroen in talks to buy GM's Opel brand

That's an unusually vague statement from GM, which concluded that, " there can be no assurance that an agreement will be reached ". The company, officially known as Groupe PSA SA, said it was in talks regarding a number of possible options including a purchase of the unit.

Business

Analysts showing optimistic trends for: NVIDIA Corporation (NASDAQ:NVDA)

The company reached its 52-Week high of $43.89 on Jul 5, 2016 and 52-Week low of $36.1 on Nov 14, 2016. (NYSE:T) for the current quarter is 4.2 percent. NVIDIA Corporation (NASDAQ:NVDA) shows its Return on Assets (ROA) value of 19.4 percent, while the Return on Equity (ROE) value is 33.3 percent and Return on Investment (ROI) value stands at 19.8 percent.

Business

US Soccer's Carli Lloyd to join Manchester City

Lloyd's stunning decision bookends the recent departures of USA women's national team stars Alex Morgan to Olympique Lyonnais of France and Crystal Dunn to Chelsea. Lloyd and Morgan could meet in the women's Champions League semifinals if each side wins its quarterfinal in March. The midfielder - who scored a hat-trick for the U.S.

Business

Carnival Paradise to sail short Cuba cruises from Tampa

The Next Year EPS growth is 15.6%, Long term annual growth estimate of 13.68%, Annual EPS growth past 5 years of 33.1 percent. In the liquidity ratio analysis; quick ratio for most recent quarter was 0.20 while current ratio for time period was 0.20.

Business

SoftBank to buy Fortress Investment for $3.3 billion

Fortress is a global investment firm with 1,100 employees and $70.1 billion in assets under management as of September past year, according to a joint statement. SoftBank intends to buy Fortress Investment Group entirely in cash (no cheque). In addition, each Class A shareholder may receive up to two regular quarterly dividends prior to the closing, each in an amount not to exceed 9 cents a Share.

Business

Government to keep tab on cardiac procedures involving stents

Stents are used in coronary angioplasty to open clogged arteries. The announcement made by the National Pharmaceutical Pricing Authority states that the ceiling price for DES (drug eluting stents) and bioresorbable stents will be capped at Rs 30,000 and the prices of bare metal stents would be kept at Rs 7,500.

Business

DeVos seeks to mend fences after bruising confirmation

Steven Landes, R-25th District. A gay man who fled Afghanistan with his family in 1990 out of fear of persecution and death from the Taliban was among several protesters arrested on February 10 for attempting to block U.S. "Bottom line is we have a really good public school system and it's augmented by an excellent parochial school system in some communities", he said.

Business

Short-lived: Trump national security aide resigns over Russian contacts

On a phone call in early January, before Trump was sworn in and before Flynn was officially in his NSA role, Flynn discussed US sanctions on Russian Federation. When the White House learned of possible deception and lies going on right underneath its nose, it had Sean "Spicy Facts" Spicer issue a pearl-clutching statement .

Business

Vetr Inc. Downgrades American Airlines Group, Inc. (AAL) to Buy

The company reported better-than-expected revenues but in-line earnings in the fourth quarter of 2016. But the stock was ranked Underweight by none of analyst in current phase while overall the consensus rank was for Overweight. According to their predictions High & Low revenue estimates are 9.66 Billion and 9.55 Billion respectively. For the week, the shares had posted 4.57%.From the block trade data available, the total upticks were valued at $2.67 million and the total downticks were valued ...

Business

ROE of The Dow Chemical Company (NYSE:DOW) stands at 16.2

The Company operates through five segments: Agricultural Sciences, which consists of Crop Protection and Seeds businesses; Consumer Solutions, which consists of Consumer Care, Dow Automotive Systems and Dow Electronic Materials businesses; Infrastructure Solutions, which consists of a portfolio of businesses utilizing technology to deliver products, such as architectural and industrial coating applications, adhesives, microbial protection for the oil and gas industry, and water technologies; ...

Business

France's PSA could buy GM's Opel/Vauxhall

French carmaker PSA Group SA today disclosed it is holding talks with the U.S. autos giant about buying its European Opel division. "We confirm that we're examining numerous strategic initiatives with GM to improve our profitability and operational efficiency, including a potential acquisition of Opel", a Peugeot spokeswoman said.

Business

Morgan Stanley Upgrades Scorpio Tankers Inc. (STNG) to "Overweight"

Bank of America Corporation lowered Scorpio Tankers from a "buy" rating to an "underperform" rating and lowered their target price for the company from $5.75 to $4.00 in a report on Tuesday, January 17th. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States & global copyright & trademark law.

Business

Amid Deportation Raids, Immigrant Protected Under DACA Arrested in Seattle

He also does not have a criminal record. Like everything else in the Trump administration, the matter of those protected under DACA and whether or not the program will remain intact is not clear. "It was inevitable given the extremely broad enforcement guidance given to ICE agents that someone with DACA would be apprehended", said Leon Fresco, who headed the U.S.

Business

Stock Price of Barrick Gold Corporation (ABX) Increases 2.96%

Barrick Gold Corporation (NYSE: ABX ) now has a consensus Price Target of $19.92. TD Securities' price target suggests a potential downside of 29.44% from the stock's current price. For the quarter, revenue came in at 2.3B versus consensus estimate of 2.23B. Gold prices dropped in NY to as low of $1,219 an ounce and were last trading at $1,222.60, while the dollar index remain strong and very close to its daily high.

Business

Shares of Tata Motors may suffer losses after disappointing Q3 results

Consolidated net profit for the three months to December 31 was 1.12 billion rupees ($16.73 million) compared with 29.53 billion rupees a year earlier. However JLR reported lower wholesale volumes and less favourable product mix. "There were also unfavourable variable marketing expense and higher new model launch costs and biennial pay negotiation settlement".

Business

Tesla, Inc. (NASDAQ:TSLA); Stocks Attain Market Attention- VF Corporation (NYSE:VFC)

Tesla Inc (NASDAQ:TSLA)'s distance from 20 day simple moving average is 7.81% whereas its distance from 50 day simple moving average is 20.45% along with 25.57% distance from 200 day simple moving average. Advisory Services Network LLC now owns 489 shares of the electric vehicle producer's stock valued at $100,000 after buying an additional 62 shares in the last quarter.

Business

Federated Investors Inc. PA Has $74768000 Stake in CBRE Group, Inc. (CBG)

Penserra Capital Management LLC now owns 5,546 shares of the company's stock worth $154,000 after buying an additional 2,422 shares during the period. Further, excluding contributions from all acquisitions, organic fee revenue advanced 3% (5% in local currency). CBRE Group Inc (NYSE:CBG)'s quick ratio for most recent quarter is 1.00 along with current ratio for most recent quarter of 1.00.

Business

Analysts believe Fossil Group, Inc. (NASDAQ:FOSL) is worth $25.82 per share

The recent trading ended with the price almost -10.27 lower for the last 5 trading days, rebounding 2.32% from its 52-week low. Many brokerage firms are involved in issuing their ratings on Fossil Group, Inc . (NASDAQ:FOSL)-0 analysts issued Strong buy for the stock, 2 analysts have given a Buy rating, 8 think it's a HOLD, 2 reported it as Underperform, while 1 analyst issued a Sell rating.

Business

Mandatory evacuation orders lifted for communities near Lake Oroville

However, with rain forecasted beginning Wednesday night, Honea said an evacuation warning would remain in place. Rainfall totals for the Los Angeles metropolitan area are predicted to be between 2 to 4 inches, with 6 to 8 inches expected in the mountains and foothills, he said.


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