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DOJ to Put Pressure on Schools Still Using Affirmative Action

The department issued a statement Wednesday in response to a New York Times story , which had claimed the DOJ was planning to sue colleges over discrimination against white students. The NYTimes reached out to the Justice Department for comment. The Trump administration has made no public statement on the report . "Any time a university discriminates on the basis of race it ought to creep people out, and it doesn't make any difference who's being discriminated against on the basis ...

Business

Investors Purchase Large Volume of Call Options on Chesapeake Energy Corporation (CHK)

Chesapeake Energy Corporation (NYSE: CHK ) saw some unusual options trading on Thursday. The stock had a trading volume of 23,641,685 shares. Total revenue at the Oklahoma-based company jumped 41 percent to $2.28 billion. Our employees have completed several significant projects in 2017 and are laying the groundwork to commence Eastern Shore Natural Gas Company's ('Eastern Shore') largest ever expansion project in addition to several other key projects and initiatives that are also ...

Business

Papa John's International (NASDAQ:PZZA) Earns News Sentiment Score of 0.08

While the company outpaced analysts' expectations of earnings of 64 cents per share, the pizza giant fell short of the $439 million revenue forecast. Equities research analysts predict that Papa John's worldwide will post $2.86 EPS for the current fiscal year.

Business

The CV of the new head of Amazon Australia should worry supermarkets

Instead, Rocco Braeuniger, who is now a director at Amazon Germany, will take up the mantle of Australian country manager, while Robert Bruce will serve as Amazon's director of operations. Amazon Australia's new country manager also reportedly has a background in formal business education, including a Master of Business Administration from U.S.

Business

Martin Midstream Partners LP (NASDAQ:MMLP) Under Analyst Spotlight

The company also recently announced a quarterly dividend, which will be paid on Monday, August 14th. Shares of American Midstream Partners, ( NYSE AMID ) traded down 1.63% on Monday, hitting $14.30. 02/17/2016 - Martin Midstream Partners L.P. was downgraded to " by analysts at Bank of America Merrill Lynch. It is down 40.34% since August 3, 2016 and is downtrending.

Business

Gateway Investment Advisers LLC Has $747000 Position in Viacom Inc. (VIAB)

J P Morgan Chase & Co restated an "overweight" rating and set a $48.00 price objective on shares of Viacom in a research report on Monday, June 12th. The stock has an average rating of "Hold" and an average price target of $43.14. COPYRIGHT VIOLATION WARNING: This news story was reported by Rincon Hill News and is the property of of Rincon Hill News. If you are viewing this story on another site, it was illegally copied and reposted in violation of USA and global copyright laws.

Business

FineMark National Bank & Trust Sells 23 Shares of Aetna Inc. (NYSE:AET)

Sell-side analysts have also provided a consensus recommendation of 2.30 on company shares. Personal Capital Advisors Corp's holdings in Aetna were worth $25,675,000 as of its most recent SEC filing. The firm also recently announced a quarterly dividend, which was paid on Friday, July 28th. Investors of record on Thursday, July 13th were issued a dividend of $0.50 per share.

Business

Pioneer Natural Resources Company

Hedge funds and other institutional investors own 92.78% of the company's stock. Quadrature Capital Ltd raised its stake in Pioneer Natural Resources by 663.5% in the fourth quarter. If you are accessing this piece on another website, it was illegally copied and republished in violation of US and global trademark & copyright law. Several equities analysts have recently weighed in on the stock.

Business

Boeing Test Pilots Fly 787 On Unique Test Flight

And again, setting itself off southwest toward South Dakota before once again changing course and banking to the right. Wednesday afternoon a Boeing 787-800 Dreamliner took off from Seattle. The tail touches Huntsville, Alabama. By the time it was done Thursday morning, the wingtips stretched from MI to Texas while its nose touched Wyoming and its tail was in Alabama.

Business

Brokerages Set The Cheesecake Factory Incorporated (CAKE) Price Target at $55.86

Finally, Nomura initiated coverage on The Cheesecake Factory in a report on Wednesday, July 12th. They issued a "neutral" rating and a $50.00 target price for the company. The Cheesecake Factory ( CAKE ) opened at 47.67 on Wednesday. COPYRIGHT VIOLATION WARNING: This news story was first posted by Community Financial News and is the property of of Community Financial News.

Business

President Donald Trump says he won't stay off social media

The U.S. Congress voted last week by overwhelming margins for sanctions to punish the Russian government over interference in the 2016 presidential election, annexation of Ukraine's Crimea and other perceived violations of global norms. Moscow denies any meddling and Trump, regularly denouncing the investigations as a political witch hunt, denies any collusion by his campaign. "Yet, despite its problems", he added, "I am signing this bill for the sake of national unity".

Business

Coronation Fund Managers Ltd. Increases Stake in Yum! Brands, Inc. (NYSE:YUM)

After having $0.65 EPS previously, Yum! Sanford C. Bernstein restated an "outperform" rating and set a $80.00 target price on shares of Yum! Zacks Investment Research upgraded shares of Yum! Brands in a research note on Thursday, June 8th.

Business

DISH Network Corporation (NASDAQ:DISH) Stock Rating Lowered by BidaskClub

EST today, and analysts will be eagerly awaiting Chairman and CEO Charlie Ergen's possible comments on the SoftBank purchase rumors. Dish blamed some of that decline on litigation expenses in the quarter, which were about $280 million. If you are viewing this piece on another website, it was stolen and reposted in violation of USA and worldwide copyright legislation. The original version of this news story can be viewed at ...

Business

Teva Pharmaceutical Misses On Q2 Earnings, Cuts Guidance; Stock Dives

At the time it has said that "cost synergies"-code for layoffs-would be able to produce $1.4 billion a year in savings by the end of the third year". Analysts anticipate that Teva Pharmaceutical Industries Limited will post $4.74 EPS for the current fiscal year. If you are viewing this news story on another site, it was copied illegally and reposted in violation of worldwide copyright & trademark law.

Business

Sony and IBM shatter magnetic tape storage density record

With IBM's new magnetic tape storage prototype, that is now possible. Essentially with this new achievement, IBM managed to store 201 GB of data per inch square on this prototype tape. In fact, this is the IBM team's fifth world record in this field in 11 years, and one which has seen areal density ramp up from 6.67Gb/in and a cartridge capacity of 8TB in 2006 to the current mark.

Business

Brokerages Set Royal Caribbean Cruises Ltd. (RCL) Target Price at $101.16

Current price places the company's stock 22.71% away from its 200-day simple moving average, 5.4%, away from the 50-day average and also 4.67% away from 20-day average. Therefore 57% are positive. Norwegian Cruise Line had 33 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by RBC Capital Markets to "Outperform" on Tuesday, January 26.

Business

Stock Ballooning Up Pre-Bell: Nuveen New Jersey Municipal Value Fund (:NJV)

The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. It illustrates what's happening to the market driving force at the present moment. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. Nuveen California Municipal Market Op Fd has a 1-year low of $13.75 and a 1-year high of $17.02.

Business

Insider Trading at QEP Resources Inc.?

Shares of QEP Resources (NYSE QEP) traded down 2.62% on Monday, reaching $8.17. The firm is scheduled to report its next quarterly earnings results on Wednesday, October 25th. The disclosure for this purchase can be found here. Institutional investors own 91.62% of the company's stock. Louisiana State Employees Retirement System boosted its stake in shares of QEP Resources by 2.2% in the first quarter.

Business

Here's Why Discovery Communications (DISCK) Trending These Days

ValuEngine lowered Discovery Communications from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. 04/20/2017 - Discovery Communications, Inc. The company's a year ago sales total was 1.71 Million. Trading was heavy with 7,700K shares changing hands in the last trading session. Hedge funds have recently added to or reduced their stakes in the company.

Business

Pollution tunnels to tackle auto emissions

Highways England, which operates motorways and main A-roads, has already installed pollution barriers in a trial scheme alongside the M62 near Manchester. 'The results from the monitoring of such trials will help us understand if this has been a success with the potential to implement barriers on our network.

Business

VIP Industries Q1 net grows 30% to Rs 41 cr

Its eye-wear business was flat at Rs 110.67 crore in the June quarter. Gross non-performance assets (NPAs) as proportion of advances declined marginally to 13.66 per cent compared to 13.75 per cent at the end of June past year. Operating profit fell close to 25% y-o-y at Rs 609.08 crore as net interest income also declined by 16.6% y-o-y at Rs 841.47 crore. Provisions and contingencies increased marginally by 1.7 per cent over last year to Rs 1,272.10 crore from Rs 1,250.50 crore in the ...

Business

Cardinal Health, Inc. (NYSE:CAH) Sees Unusual Trading Volume in Its Shares

BlackRock Inc. raised its position in shares of Cardinal Health by 1,041.8% in the first quarter. The company had a trading volume of 7,303,580 shares. The legal version of this piece of content can be accessed at https://transcriptdaily.com/2017/08/02/cardinal-health-inc-cah-releases-earnings-results-beats-expectations-by-0-07-eps.html.

Business

Mondelez appoints Dirk Van de Put to succeed Irene Rosenfeld as CEO

Van de Put speaks five languages; English, Dutch, French, Spanish and Portuguese. He has also held senior positions at Mars, Danone and Coca-Cola. During his six-year tenure as CEO, he grew net sales by more than 50 percent, generating more than 75 percent of that growth being organic, with EBITDA growing double-digits each of the last six years.

Business

Moscow denies banning USA diplomats from their compound ahead of deadline

In December 2016, Washington adopted sanctions targeting Russian Federation over its alleged interference in the USA presidential election, something which Moscow has repeatedly denied. These measures, on an unprecedented scale, acting as a reprisal for the confiscation of two properties of Russian diplomacy in the United States and to new economic sanctions passed by the u.s.

Business

UBM Plc (LON:UBM) Upgraded at Goldman Sachs Group, Inc

The stock of Tile Shop Hldgs, Inc. The firm has "Outperform" rating given on Wednesday, September 2 by Robert W. Baird. Liberum Capital restated a sell rating and issued a GBX 1,000 ($13.19) price target on shares of easyJet plc in a research report on Monday, July 17th.

Business

Asda profit fell 11.5 percent in 2016

However, Asda added that despite the disappointing results, there are signs that turnaround efforts under new boss Sean Clarke are beginning to bear fruit. Asda has laid bare a disastrous 2016 in which sales and profits collapsed as the firm came out worse for wear in the supermarket wars. The Kantar data showed Asda's sales for the period grew by 1% compared with the same period a year ago.

Business

Citigroup Inc. Cuts Range Resources Corporation (RRC) Price Target to $34.00

Amarillo National Bank bought a new position in shares of Range Resources Corporation during the first quarter worth about $246,000. Stelliam Investment Management LP raised its position in Range Resources Corporation by 21.9% in the first quarter.

Business

Krispy Kreme combines Reese's Peanut Butter with newest doughnut

The pastry is topped with a chocolate and peanut butter drizzle and Reese's Mini Peanut Butter chips and peanuts. Krispy Kreme first offered the Reese's doughnuts in Australia and the United Kingdom in 2016, prompting some consternation among US fans, reports Thrillist .

Business

$0.45 EPS Expected for Restaurant Brands International Inc (QSR)

Creative Planning increased its position in Restaurant Brands International by 5.4% in the first quarter. The institutional investor owned 1,553,203 shares of the restaurant operator's stock after selling 57,223 shares during the period.

Business

Army Major, soldier killed in Shopian gunfight

Following the encounter, the separatists had announced for "bandh" on Wednesday. Official sources told Rising Kashmir that the injured soldiers were shifted to 92 Base Hospital where Major Kamlesh Panday and another injured trooper succumbed.

Business

Learn Why Blackstone Holdings Iii LP Purchased Cheniere Energy Partners Stake?

Analysts expect Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) to report $0.02 EPS on August, 8.They anticipate $0.00 EPS change or 0.00% from last quarter's $0.02 EPS. 9 funds opened positions while 28 raised stakes. 118.40 million shares or 1.23% less from 119.88 million shares in 2016Q3 were reported. Next Financial Gru holds 0% in Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) or 1,400 shares.

Business

Analysts See $-0.22 EPS for Fitbit Inc (FIT)

The consensus target price is $22.29 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell. "(NYSE: FIT ) Upgraded by ValuEngine to "Sell" was first posted by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another website, it was stolen and reposted in violation of United States and global ...

Business

Fidelity National Financial Ventures (NYSE:FNFV) Bounding Higher 4.23% This Week

Other hedge funds also recently made changes to their positions in the company. The stock of FNF Group of Fidelity National Financial, Inc . Janney Montgomery Scott LLC purchased a new stake in Fidelity National Financial during the first quarter worth $209,000.

Business

India services PMI fell to 4-year low in July

Manufacturing companies responded to rising workloads by hiring additional staff during July, the IHS Markit report continued. The UK's factories enjoyed a welcome bounce-back in July thanks to the strongest surge in export orders for more than seven years.

Business

Ikea takes aim at United Kingdom power prices with new solar battery

Ikea is getting into the domestic solar power generation and storage market in the United Kingdom, with new solar panel and home storage battery system products. Hege Saebjornsen, country sustainability manager at IKEA UK & Ireland, said the deal would offer more control to consumers. "We believe IKEA and Solarcentury are bringing the most competitive package to the market yet so more people than ever before can profit financially and environmentally by producing their own energy", said ...


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