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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 .

Business

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.


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