Business

Barrick Gold Corporation (ABX) Shares Sold by US Bancorp DE

Cidel Asset Management Inc. now owns 3,318,838 shares of the basic materials company's stock worth $8,794,000 after buying an additional 74,300 shares during the period. Shareholders of record on Thursday, August 31st will be paid a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, August 29th. It has a dividend yield of 0.70%.

Business

LCS asks community to donate school supplies to "Stuff the Bus"

The Stuff the Bus program provides children in need with new school supplies to assist them with their studies and keep them on the road to success. You can come out to donate on Friday from 3 p.m. - 7 p.m., on Saturday from 10 a.m. - 6 p.m., and on Sunday from 12 p.m. - 6 p.m. She helps coordinate the event and make it possible.

Business

Things That Travel as Fast as Hyperloop One's First Test Run

Now CNET understands that Musk has changed his tune: Unsatisfied with the progress of those startups, he now plans to build an entire hyperloop between NY and Washington, D.C. Hyperloop One, the company says , will be "automated by the most advanced systems in the world, allowing a safe and efficient journey that's never delayed or overbooked".

Business

Bell, Telus phone service down in parts of Atlantic region

Telus, which shares cell towers with Bell and is also affected, says a cut cable has been identified as the "root cause" of the outages, which started shortly before 11 a.m. Atlantic time. Bell brought services back online by rerouting traffic through other networks. Fire halls became radio and telephone communications hubs that reached out to other fire halls and emergency services.

Business

Jarislowsky Fraser Ltd Sells 658 Shares of The Kraft Heinz Company (KHC)

Crestwood Advisors Group LLC bought a new stake in shares of The Kraft Heinz during the first quarter worth about $109,000. Outside its established markets, Kraft Heinz sales rose 1.6% to $851 million. Shareholders of record on Friday, August 18th will be given a dividend of $0.625 per share. Jennison Associates LLC says it decreased its ownership in The Kraft Heinz Company stock by 27.5% in the quarter ending 06/30/2017.

Business

'Despacito' becomes most-watched YouTube video ever on track to 3B views

The triumph of Puerto Rican singer Luis Fonsi's song crushed a short reign for " See You Again ", which only clawed into the number one spot last month topping the extraordinary four-and-a-half-year run of Korean artist Psy's " Gangnam Style ".

Business

Tokyo's 80-year-old fish market catches fire

Media reports said it spread to four buildings covering an area of some 200 square metres. Efforts to bring the fire under control continued late Thursday. On Friday morning, the fire department and local police started to investigate the extent of the damage and the cause of the fire. Its planned relocation to the nearby Toyosu area has been delayed by pollution concerns at the new site.

Business

3D Systems Corporation (NYSE:DDD)

The company reported the earnings of $0.06/Share in the last quarter where the estimated EPS by analysts was $0.11/share. Susquehanna Bancshares Inc's price objective would indicate a potential downside of 5.33% from the company's current price.

Business

Wells Fargo Warns of 'Significant' Increase in Scope of Account Scandal

The Raffles Associates Lp holds 132,900 shares with $7.32M value, down from 155,900 last quarter. Delphi Private Advisors LLC now owns 2,017 shares of the financial services provider's stock worth $100,000 after buying an additional 1,461 shares during the period.

Business

Americans paid $15 billion in overdraft fees previous year, CFPB says

For those unfamiliar, an overdraft occurs when consumers lack the funds in their account to cover a transaction, but the bank pays anyway. As only 57% of those who overdrafted between 10 and 20 times a year had a credit card, these consumers used their debit cards much more frequently.

Business

New auto sales in the United Kingdom decline for the fourth consecutive month

New vehicle registrations fell 9.3% in July from a year earlier, according to the Society of Motor Manufacturers and Traders (SMMT ). The figures, published by the Society of Motor Manufacturers and Traders (SMMT), show AFVs took a record 5.5% market share.

Business

Volkswagen Exec Pleads Guilty in US Emissions Cheating Case

The government said diesel cars that Volkswagen claimed were clean were, in fact, releasing 40 times more nitrogen oxide emissions than is allowed by law. He remains jailed and is scheduled to be sentenced December 6. "Schmidt, along with each and every official involved in this emissions scandal, will be held fully accountable for their actions by the Department of Justice as this investigation continues".

Business

'Pharma bro' Martin Shkreli convicted of securities fraud, conspiracy

The notorious ex-pharmaceutical CEO was originally charged with eight counts of securities and wire fraud, stemming from what federal prosecutors describes as a Ponzi-like scheme. "It's time ... for Martin Shkreli to be held responsible for his choices". Other times he looked bored, staring into space and playing with his hair.

Business

(NYSE:YELP) Stock Rating Reaffirmed by Deutsche Bank AG

Rob Sanderson of MKM Partners raises his rating on the stock to Buy from Neutral, and sets a $48 price target. Yelp Inc . (NYSE: YELP)'s stock had its "equal weight" rating reiterated by analysts at Barclays PLC in a research report issued on Friday.

Business

Activision Blizzard Announces 23% Advance In Q2 Profit

Egerton Capital UK LLP now owns 12,219,008 shares of the company's stock valued at $609,240,000 after buying an additional 8,467,902 shares in the last quarter. First City Cap Management reported 0.21% in Activision Blizzard, Inc . Among 24 analysts covering Activision Blizzard (NASDAQ: ATVI ), 21 have Buy rating, 0 Sell and 3 Hold.

Business

EU Blacklists Six Russians Over Turbines to Crimea

The company said that all four of its turbines intended for a project in Russia's southern Krasnodar Territory were illegally delivered to Crimea. The move means that a total of 153 people and 40 entities like companies have been sanctioned over Russia's destabilization of Ukraine.

Business

Former VW Compliance Executive Pleads Guilty in Emissions Case

Oliver Schmidt , who was chief of Volkswagen's environmental and engineering center in MI, has been held since January when he was arrested trying to return to Germany. VW pleaded guilty in March to defrauding the US government, and agreed to pay $4.3 billion in penalties, on top of billions more to buy back cars. The upgrades will not be necessary on the cars already recalled for the fix related to the fitting of so-called defeat devices created to cheat U.S.

Business

Average Brokerage Rating Of Marathon Petroleum Corporation (MPC), Outfront Media Inc. (OUT)

Analog Devices now has $28.96 billion valuation. The stock declined 0.56% or $0.98 reaching $173.2 on the news. With 14.44 million shares average volume, it will take short sellers 3 days to cover their MRO's short positions. Bnp Paribas Arbitrage owns 44,709 shares for 0.01% of their portfolio. Pictet Asset Management has 291,959 shares. Todd Asset Mgmt has invested 0.66% of its portfolio in Marathon Petroleum Corp (NYSE:MPC).

Business

(AVP) Shares Trading down at $3.36 Avon Reports Second-Quarter 2017 Results

Stock's twelve month price oscillated between $6.96 and $3.24. The firm has "Hold" rating given on Thursday, June 8 by RBC Capital Markets. DA Davidson assumed coverage on shares of Avon Products in a research note on Thursday, July 6th.

Business

Ola engineer arrested for stealing Aadhaar data from 40000 accounts

The case was transferred to the cyber crime police on July 29. Investigation revealed that Abhinav hacked into the e-hospital system to access the central identities data repository of UIDAI for verification of Aadhaar numbers. Abhinav Srivastav developed the mobile app Aadhaar e-KYC Verification in January this year. Ola declined to comment on Srivastava's current position in the company, while his LinkedIn profile has been edited to hide all his professional experience.

Business

Playtech (LON:PTEC) Broker Price Targets

Shore Capital maintained RSA Insurance Group plc (LON:RSA) on Thursday, November 3 with "Hold" rating. 07/12/2016 - Playtech had its "Buy" rating reiterated by analysts at Deutsche. Argus Research downgraded the stock to "Hold" rating in Wednesday, August 5 report. (NYSE:T) has "Neutral" rating given on Monday, July 27 by Goldman Sachs.

Business

ADP says Ackman's Pershing Square seeking control of company

The embattled activist investor is seeking to install five dissident director candidates onto ADP's 10-person board and he's seeking a seat for himself. ADP said Ackman's fund owns an 8% stake, mostly made up of derivatives. Shares in ADP rose almost 2.8 percent in premarket trading on Friday, to $114.85.

Business

Google apparently offered up $30bn to buy Snapchat

Goldman Sachs Group, Inc. Nomura reissued a "sell" rating and set a $28.00 price objective (up from $16.00) on shares of Snap in a research note on Thursday , May 11th. Finally, Robert W. Baird reiterated a "buy" rating and set a $30.00 price objective on shares of Snap in a research note on Wednesday, March 29th. The company's quarterly revenue was up 285.6% on a year-over-year basis.

Business

Canada's Jobless Rate Falls, But Trade Results Disappoint

Over the last three months, job gains have averaged 195,000 per month. Hourly pay increased 2.5% from July 2016 to July 2017, unchanged from the prior month. Most other industries such as mining, manufacturing and construction only added a smattering of jobs. Employment in food services and drinking places rose 53,000 - that sector has now added 313,000 jobs so far this year.

Business

Here Are Liverpool & Celtic's Potential Champions League Play-Off Opponents

The Scottish champions played Astana last season in the third round of the competition in which Celtic emerged victorious. All the 10 clubs will discover if the first leg will be played at home or away, after the draw is made. Among the other fixtures from the League side of the draw is Napoli's tie against Nice , which will see Mario Balotelli return to Italy with his French side, while Sevilla take on Istanbul Basaksehir .

Business

The Fundamental Facts on Occidental Petroleum Corporation (OXY)

As of the end of the quarter Sg Americas Securities, LLC had acquired 147,263 shares growing its stake by 115.8%. Finally, Hotchkis & Wiley Capital Management LLC increased its stake in Whiting Petroleum Corporation by 10.2% in the first quarter.

Business

Energizer Holdings, Inc. (EPC) Position Lowered by APG Asset Management NV

Creative Planning boosted its stake in shares of Energizer Holdings by 0.4% in the first quarter. A 42 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of CRM or, if they already own its stock, sell it.

Business

CH2M is snapped up by Jacobs Engineering for $2.85 billion

Industrial Info is tracking more than $101 billion in projects involving Jacobs, and almost $62 billion involving CH2M. Mn Services Vermogensbeheer B.V. During the same quarter past year, the firm earned $0.75 earnings per share . On average, equities research analysts expect that Jacobs Engineering Group Inc.

Business

Advantage Oil & Gas Ltd. (NYSE:AAV) Analyst's Long Term Pick

Several other equities analysts have also recently weighed in on the company. FMR LLC increased its stake in Cabot Oil & Gas Corporation by 32.7% in the first quarter. Employees Retirement Systems Of Texas reported 0.01% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). Stockholders of record on Thursday, August 10th will be paid a $0.05 dividend.

Business

Bristol-Myers Squibb Company

II. Bristol-Myers Squibb's dividend payout ratio (DPR) is 56.73%. Archford Capital Strategies LLC now owns 15,811 shares of the biopharmaceutical company's stock worth $922,000 after buying an additional 427 shares during the last quarter. Thompson Siegel And Walmsley Ltd Liability Corp invested 0.01% in Bristol-Myers Squibb Co (NYSE:BMY). Physicians Financial Services Inc. raised its stake in shares of Bristol-Myers Squibb by 0.4% in the first quarter.

Business

MAG Silver Corp (MAG) EPS Estimated At $

As of a recent trade, the shares moved -3.99% from the previous close and are now price at $2.89. The 5 months bearish chart indicates high risk for the $320.45M company. Royal Bank Of Canada reaffirmed a "buy" rating and set a $22.00 target price on shares of Pan American Silver Corp .in a research report on Tuesday, May 30th.

Business

Toyota, Mazda to Build $1.6 Billion Plant in U.S. in Joint Venture

The report adds that the plant will have a capacity of 300,000 vehicles per year, divided between the two Japanese brands. Look for an official announcement to come as early as Friday, August 4. Each automaker would sell the cars they build at the plant via their own channels. It is expected to produce the Toyota Corolla and a Mazda SUV.

Business

GoPro, Inc. (NASDAQ:GPRO) Expected To Report Earnings On Thursday

The stock has averaged a one-day move of 8.3% in either direction after the company's last eight earnings reports, but options traders this time are pricing in a bigger 14% move, per GPRO's at-the-money implied volatility data. Beat revenue estimates . The company saw revenue figures of $296.53 million, which represents 34% year-over-year growth, defeating our consensus estimate of $270.86 million.

Business

Govt to ensure 8% interest on FD by senior citizens, pensioners: Jaitley

The current GST has 5 per cent, 12 per cent, 18 per cent and 28 per cent rates, plus one for luxury and sin goods. "Please remember, you are talking about a time when inflation was 10-11 per cent". The finance minister also wondered why certain manufacturers have hiked the prices of small hybrid cars even when the duty has been reduced. He added that a hybrid vehicle is priced higher and those who buy it can afford to pay a little more.

Business

Grab Singapore drivers do not use unsafe Honda Vezels: spokesman

The paper reported Uber's Singapore office bought more than 1,000 Honda Vezel sports utility vehicles to rent to its drivers there. The Singapore accident is reminiscent of a range of Uber incidents that speak to a laissez-faire corporate culture of cutting corners and a lax attitude toward problem issues under former CEO Travis Kalanick .


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