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Business

Reliance Jio captures largest chunk of broadband market in December

The event is known to hold the largest exhibition for the mobile industry and conferences featuring prominent executives representing mobile operators and device manufacturers among others from across the world. TRAI recorded the growth rate of the telecoms wireless subscriber base with RJio taking the lead with 39.1% followed by Quadrant and Idea with 3.09% and 1.51% respectively.

Business

Bank Of New York Mellon Corporation

The Bank of New York Mellon Corporation Gross Margin percentage stands at 0% while its Operating Margin for trailing twelve month is 88.1 percent and Profit margin (ttm) is 94.3 Percent. The last quarter cash dividend per share pay out was $0.19. Bank Of New York Mellon Corporation (The)'s quarterly revenue was up 1.7% compared to the same quarter previous year.

Business

Halliburton Company (NYSE:HAL)

HAL Senior Vice Pres - Tax Jones Myrtle L also sold 874 shares, at a stock price of $58.04. Channing Capital Management LLC boosted its position in Halliburton Company by 28.9% in the second quarter. The company's past year sales total was 4.2 Billion. The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 22nd.

Business

Suspect in Kim Jong-nam killing 'thought it was a TV prank'

Police refused to elaborate when asked by correspondents from the JoongAng Ilbo, an affiliate of the Korea JoongAng Daily. A woman arrested Wednesday was carrying a Vietnamese passport, but it remained unclear whether she was from Vietnam. Mr Kim is believed to have been attacked in the airport departure hall by two women, using some form of chemical. One covered his face with a cloth.

Business

Fed Chair Yellen: 'Unwise' to Wait Too Long for a Rate Hike

After it met again early this month, the Fed issued a statement that noted improved sentiment among consumers and businesses. In the 12 months through January, the CPI increased 2.5 percent, while the year-on-year core CPI increased to 2.3 percent, both above the Federal Reserve's 2 percent inflation target.

Business

Dollar Reverses Course After Data

The dollar index was down 0.4 percent.DXY in early European trade, falling to 100.81 from a peak of 101.76 on Wednesday after the better-than-expected USA inflation numbers and retail sales data. "This shows that the market is still trying to work out the implication of President Trump's policies, of which his approach to trade may not be supportive for the dollar".

Business

Which Analysts Are Watching Cooper Tire & Rubber Company (NYSE:CTB)?

FBR & Co reissued a "buy" rating and issued a $48.00 price objective on shares of Cooper Tire & Rubber Company in a research note on Thursday, November 3rd. Jefferies Group LLC initiated coverage on The Goodyear Tire & Rubber Company in a research note on Tuesday, November 29th. In terms of earnings per share, 5 analysts have a 0.78 EPS mean target for the quarter ending Mar-17, for the quarter ending Jun-17, 5 analysts have a 1.03 EPS mean target and for the quarter ending Jun-17 there are ...

Business

DPRK citizen arrested in connection with Kim Jong Nam's death

He approached an information desk to report he felt dizzy after being assaulted and was rushed to the hospital, but died on the way. There has been no official comment from North or South Korea yet. "The South Korean puppet authorities [.] are distorting the public opinion, resorting to the tricky plots to defame the image of North Korea with this incident", he said.

Business

Unilever says Kraft Heinz is biting off more than it can chew

Kraft approached Unilever earlier this week, according to people familiar with the matter, who declined to be identified because the approach was confidential. Though the supplier of speciality plastic and packaging components saw a 26 percent fall in full-year profit, analysts at Jefferies said that absence of any "bad news" was positive.

Business

Brokers Add To Their Ratings On Enterprise Products Partners LP (NYSE:EPD)

This quarter analysts say they expect sales to move at $2.28 billion - higher from $1.81 billion the year before. 04/29/2016 - Enterprise Products Partners L.P. February 7, 2017 - Spectra Energy Corp (SE ) Spectra Energy Partners, LP (SEP) announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $0.68875 per unit, an increase of 1.25 cents over the previous level of $0.67625 per unit.

Business

Yahoo! Inc. (YHOO) Shares Sold by Gamco Investors INC. ET AL

Yahoo! Inc. (NASDAQ:YHOO) has a market capitalization of 43.56 Billion. Its Chief Revenue Officer Utzschneider Lisa sold 451 company shares for 20270, in a transaction on 2017-02-09. Yahoo! The business's revenue was down 4.2% on a year-over-year basis. Comparatively, growth in the past five years was -0.47 percent (per annum). Equities analysts forecast that Yahoo! The difference between the estimated and actual earnings was $0.15 per share.

Business

Analysts Estimates and Ratings: CVS Health Corporation (NYSE:CVS)

A number of other hedge funds have also added to or reduced their stakes in CVS. Independent Advisor Alliance acquired a new position in shares of CVS Health Corporation during the fourth quarter worth about $2,023,000. If you are viewing this article on another domain, it was stolen and republished in violation of global trademark and copyright laws. Several equities analysts have recently weighed in on CVS shares.

Business

Active Stock Review: Wells Fargo & Company (NYSE:WFC)

Investors who are keeping close eye on the stock of Wells Fargo & Company (NYSE:WFC) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 0.00 and sector's optimum level is 0.40.

Business

Kraft Heinz To Pursue Unilever Despite Snub; Mondelez, General Mills Fall

Unilever plc (ADR ) has rejected the takeover bid from Kraft Heinz Co. The legal version of this news story can be viewed at https://www.com-unik.info/2017/02/16/nn-investment-partners-holdings-n-v-acquires-11853-shares-of-the-kraft-heinz-company-khc.html.

Business

Trump Hits Back At Media, Saying He 'Inherited A Mess'

He also dismissed reports that his campaign officials were constantly in contact with Russian Federation, and vowed to crack down on the leaking of classified information, at a news conference on Thursday that lasted for an hour and 15 minutes.

Business

Hertz Global Holdings Inc (HTZ) is Downgraded by Credit Suisse to " Underperform"

Price-to-Earnings Ratio is the current share price divided by annual earnings per share. The company shows Gross Margin and Operating Margin of 63 percent and 13 percent respectively. eBay Inc. (NASDAQ:EBAY) stock price fell -0.47% after traded at $33.63 in most recent trading session. eBay Advertising released that results from its two-part consumer automotive shopping journey survey, revealing that technology is causing consumers to research and purchase cars online more than ever before and ...

Business

Momentum Stocks: Pfizer Inc. (NYSE:PFE), The Kroger Co. (NYSE:KR)

HighPoint Advisor Group LLC's holdings in Pfizer were worth $1,553,000 as of its most recent SEC filing. Finally, APG Asset Management N.V. increased its position in Pfizer by 22.3% in the second quarter. Many analysts are providing their Estimated Earnings analysis for Pfizer Inc . and for the current quarter 12 analysts have projected that the stock could give an Average Earnings estimate of $0.67/share.

Business

Kraft Heinz Offers $143B to Acquire Unilever

In the past few hours, it has emerged that Kraft Heinz , one of the world's largest consumer goods companies, which counts Warren Buffett as a major shareholder, has approach Unilever (LSE: ULVR) with an offer of £115bn for the enterprise.

Business

The Kraft Heinz Company (KHC) Earns "Hold" Rating from BMO Capital Markets

U.S. stocks edged to fresh records on Friday (Feb 17), shrugging off early weakness as news that Kraft Heinz plans to seek a takeover of Unilever sent shares of both companies surging. Unilever has declined a $143 billion takeover bid from Kraft Heinz , according to The Wall Street Journal . Zuanic said the deal should "prop up" Kraft's stock given that it would add to earnings.

Business

Janet Yellen sees risks from delaying Fed rate hikes

USA consumer prices recorded their biggest gain in almost four years, jumping 0.6 percent in January. The Consumer Price Index (CPI) for all urban consumers increased 0.6 per cent in January, beating market consensus of 0.3 per cent. Ultimately, we suspect that this USD conundrum is temporary, as the link between data and the dollar should be restored as long as the Fed is able to conduct independent policy .

Business

Chicago board fines ex-Obama aide $90K

Plouffe was engaged by Uber - the up-and-coming alternative to traditional taxi service - because the company wanted to the city to amend existing bylaws that made it hard for the company to pick up fares at Chicago airports. According to Conlon's ruling, Plouffe and Uber argued that adding a $1,000-a-day tab "leads to an absurd result" because Plouffe wasn't lobbying in between those dates.

Business

Local immigrants take day off in protest

He said they were concerned their absence would overwork their teammates. "It's going to hurt a lot of businesses and especially the economy", Antonio Acuna said. Protests against immigration enforcement ratcheted up nationwide after an ICE operation targeted undocumented immigrants with convictions or arrest warrants in several states.

Business

The Kraft Heinz Company (KHC) Announces $0.60 Quarterly Dividend

The proposed merger would combine Unilever's vast range of consumer brands, including Ben & Jerry's ice cream, Dove soap, and Hellmann's mayonnaise, with such Kraft products as Philadelphia cheese and Heinz baked beans and ketchup. analyst Mark Astrachan. London-listed consumer goods giant Unilever held talks with U.S. behemoth Kraft Heinz over a possible mega-merger. It is widely believed that the more practical proxy for the market's expectations is analyst's consensus price ...

Business

Donald Trump, please phone Congress on Obamacare repeal and replace

Despite the long delays by the Democrats in finally approving Dr. Tom Price, the repeal and replacement of ObamaCare is moving fast! "After the House returns following the Presidents Day break, we intend to introduce legislation to repeal and replace Obamacare", he said at his own press conference Thursday.

Business

Tax refund checks are finally in the mail

The IRS will also soon face an extra onslaught from Earned Income Tax Credit and Additional Child Tax Credit returns stacked up due to this season's delay in issuing refunds on returns that claim the credits. " Where's My Refund? " is updated once daily. "It's a quick refund, and it adds up to be a lot of money when you file a lot of fraudulent returns", Richmond, Va.

Business

Molson Coors Brewing Company Declares Quarterly Dividend of $0.41

To learn more about Molson Coors Brewing Company , visit molsoncoors.com, ourbeerprint.com or on Twitter through @MolsonCoors. The company reached its 52-Week high of $112.19 on Oct 14, 2016 and 52-Week low of $84.24 on Feb 19, 2016. The high end of the earnings forecast is $0.91 per share and low end is $0.47 per share. Susquehanna Bancshares Inc set a $152.00 price objective on shares of Molson Coors Brewing Company and gave the company a "buy" rating in a research note on Sunday, ...

Business

NetApp, Inc. (NTAP) Issues Q4 Earnings Guidance

Finally, BTIG Research reissued a neutral rating on shares of NetApp in a research report on Tuesday. Needham & Company LLC restated a "hold" rating on shares of NetApp in a research note on Thursday. The original version of this news story can be accessed at https://www.com-unik.info/2017/02/17/netapp-inc-ntap-stock-rating-reaffirmed-by-barclays-plc.html.

Business

Donald Trump wasting his time complaining about media coverage, Malcolm Turnbull says

Accompanied by their economic teams, the pair discussed their common interest in free trade during Friday's formal talks, especially after the US' withdrawal from the Trans-Pacific Partnership - and their economic challenges. for more troops to fight the Islamic State group. Australia, a key USA ally, is the only country to have fought in every conflict with American forces since World War I, and is now flying combat missions in Syria.

Business

Fed Chair Janet Yellen to Face Congress on State of the Economy

If Trump does not channel his planned tax cuts, infrastructure investment and deregulation plans into expanding the supply-side potential of the economy, the US President and Fed chair could be on another collision course with fiscal and monetary policy.

Business

Republic Services, Inc. (RSG) Releases Earnings Results, Beats Expectations By $0.02 EPS

USS Investment Management Ltd increased its stake in shares of Republic Services by 2.5% in the second quarter. RWWM Inc. now owns 417,385 shares of the company's stock valued at $21,057,000 after buying an additional 7,273 shares in the last quarter.

Business

Yellen testifies for a second day

Yellen, during prepared remarks before the U.S. Senate Banking Committee Tuesday said that "gradual increases in the federal funds rate will likely be appropriate". TOKYO, Feb 16 The dollar took a breather on Thursday after climbing to a one-month high as a run of upbeat US economic data rekindled expectations of an early rate hike by the Federal Reserve .

Business

How major United States stock market indexes fared on Tuesday

Slightly more stocks fell than rose on the New York Stock Exchange. Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business . Procter & Gamble jumped 3.71 percent to a two-year high, giving the biggest boost to the Dow and the S&P, after Trian Fund disclosed a stake, which could pressure the company to slice costs and slow-growing divisions.

Business

ROI of United States Steel Corp. (NYSE:X) stands at -3

In a similar way, United States Steel Corporation (NYSE:X) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $0.27. The average revenue estimate for the year ending December 2017 is $11.84B by 13 analysts. Its price to free cash flow for trailing twelve months is 16.03 and Current ratio for most recent quarter of 2.10. The company shows its Return on Assets (ROA) value of -4.8%.

Business

Sell-Side Analyst's Predictions: UnitedHealth Group Incorporated (UNH), International Paper Company (IP)

In most recent quarter, LT Debt/Equity ratio was listed at 0.67 and Total Debt/Equity ratio was noted at 0.86. For the Current Quarter, the growth estimate for UnitedHealth Group Incorporated is 19.9%, while for the Next Quarter the stock growth estimate is 18.4%.

Business

Estimates Diverting Stocks' Direction: LendingClub Corporation (NYSE:LC), Blackhawk Network Holdings

The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. Craig Hallum assumed coverage on shares of Blackhawk Network Holdings in a research note on Wednesday, December 14th.


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