Markets
McDonald's Sales Soar on New Products, Discounts
- July 25, 2017
McDonald's said its domestic same-store sales increased largely due to its national cold beverage promotion, which includes $1 any size drink, as well as the chain's new Signature Crafted premium sandwiches promotion. "Whilst we're encouraged by our results from the first half of 2017, we're not complacent". Today, we're acting like a leadership brand, taking on new challenges and opportunities and moving with a greater sense of goal and urgency. (more...)
- July 25, 2017
McDonald's said its domestic same-store sales increased largely due to its national cold beverage promotion, which includes $1 any size drink, as well as the chain's new Signature Crafted premium sandwiches promotion. "Whilst we're encouraged by our results from the first half of 2017, we're not complacent". Today, we're acting like a leadership brand, taking on new challenges and opportunities and moving with a greater sense of goal and urgency. (more...)
Chevy maker General Motors shares accelerate on second quarter earnings beat
- July 25, 2017
On average, analysts expect that General Motors Company will post $6.07 earnings per share for the current year. Mid now has $11.63 billion valuation. Its down 0.19, from 0.97 in 2016Q3. It fall, as 73 investors sold GM shares while 302 reduced holdings. 88 funds opened positions while 290 raised stakes. (more...)
- July 25, 2017
On average, analysts expect that General Motors Company will post $6.07 earnings per share for the current year. Mid now has $11.63 billion valuation. Its down 0.19, from 0.97 in 2016Q3. It fall, as 73 investors sold GM shares while 302 reduced holdings. 88 funds opened positions while 290 raised stakes. (more...)
The German auto industry started conspiring on diesel emissions in the 1990s
- July 25, 2017
German magazine Der Spiegel reported on Friday that German carmakers colluded to fix the prices of diesel emissions treatment systems using industry committees. The fluid reacts with harmful nitrogen oxides found in the emissions and transforms them into water and nitrogen. Shares in Mercedes-Benz and Smart manufacturer Daimler rose slightly Tuesday on the media reports, gaining 0.21 percent to trade at 61.05 euros ($71.16) around 1130 GMT. (more...)
- July 25, 2017
German magazine Der Spiegel reported on Friday that German carmakers colluded to fix the prices of diesel emissions treatment systems using industry committees. The fluid reacts with harmful nitrogen oxides found in the emissions and transforms them into water and nitrogen. Shares in Mercedes-Benz and Smart manufacturer Daimler rose slightly Tuesday on the media reports, gaining 0.21 percent to trade at 61.05 euros ($71.16) around 1130 GMT. (more...)
Lyft, Taco Bell team up to answer late-night cravings
- July 25, 2017
Lyft will be offering the Taco Mode as part of a pilot program between July 27th and July 29th in Orange County. When a customer chooses Taco Mode instead of Line, the Lyft app's vehicle icons will suddenly turn into tacos. Lyft knows that you might feel hungry at that point in time which is why it has announced a new tie-up today with popular fast food chain Taco Bell . (more...)
- July 25, 2017
Lyft will be offering the Taco Mode as part of a pilot program between July 27th and July 29th in Orange County. When a customer chooses Taco Mode instead of Line, the Lyft app's vehicle icons will suddenly turn into tacos. Lyft knows that you might feel hungry at that point in time which is why it has announced a new tie-up today with popular fast food chain Taco Bell . (more...)
ValuEngine Downgrades Barnes & Noble Education, Inc (BNED) to Sell
- July 25, 2017
Thompson Siegel & Walmsley LLC grew its ownership by buying 328,873 shares an increase of 13.6% as of 03/31/2017. Karp Capital Management Corp bought a new position in Barnes & Noble Education during the first quarter valued at $114,000. In the latest earnings report the EPS was $0.30 and is expected to be $0.55 for the current year with 72,436,000 shares now outstanding. The firm had revenue of $342.80 million for the quarter, compared to analysts' expectations of $310.58 million. (more...)
- July 25, 2017
Thompson Siegel & Walmsley LLC grew its ownership by buying 328,873 shares an increase of 13.6% as of 03/31/2017. Karp Capital Management Corp bought a new position in Barnes & Noble Education during the first quarter valued at $114,000. In the latest earnings report the EPS was $0.30 and is expected to be $0.55 for the current year with 72,436,000 shares now outstanding. The firm had revenue of $342.80 million for the quarter, compared to analysts' expectations of $310.58 million. (more...)
BMW will build fully electric mini in the UK
- July 25, 2017
The new model of the three-door Mini will go into production in 2019 . The MINI's battery electric drivetrain will be built in Germany, then shipped over to the United Kingdom to be intergrated into the auto. However, factors such as regulation, incentives and charging infrastructure will play a major role in determining the scale of electrification from market to market. (more...)
- July 25, 2017
The new model of the three-door Mini will go into production in 2019 . The MINI's battery electric drivetrain will be built in Germany, then shipped over to the United Kingdom to be intergrated into the auto. However, factors such as regulation, incentives and charging infrastructure will play a major role in determining the scale of electrification from market to market. (more...)
KKR Agrees to Buy WebMD Health (WBMD) for $2.8 Billion
- July 25, 2017
Internet Brands has offered to pay $66.50 for each WebMD share, which closed last Friday at $55.19. Including today's unusual volume, WebMD Health Corp .'s stock is performing at 11.34% on the year. The deal brings to a close a sale process that has been going on for some time and reportedly saw some 100 different bids for the health portal. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and worldwide copyright laws. (more...)
- July 25, 2017
Internet Brands has offered to pay $66.50 for each WebMD share, which closed last Friday at $55.19. Including today's unusual volume, WebMD Health Corp .'s stock is performing at 11.34% on the year. The deal brings to a close a sale process that has been going on for some time and reportedly saw some 100 different bids for the health portal. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and worldwide copyright laws. (more...)
LLC Raises Position in General Motors Company (NYSE:GM)
- July 25, 2017
Barclays Capital upgraded it to "Overweight" rating and $15 target in Friday, February 3 report. Tigress Financial reaffirmed a "strong-buy" rating on shares of General Motors in a report on Thursday, March 30th. Insiders have sold a total of 139,158 shares of company stock valued at $4,643,312 over the last three months. The stock was sold at an average price of $11.16, for a total transaction of $279,000.00. (more...)
- July 25, 2017
Barclays Capital upgraded it to "Overweight" rating and $15 target in Friday, February 3 report. Tigress Financial reaffirmed a "strong-buy" rating on shares of General Motors in a report on Thursday, March 30th. Insiders have sold a total of 139,158 shares of company stock valued at $4,643,312 over the last three months. The stock was sold at an average price of $11.16, for a total transaction of $279,000.00. (more...)
Greece to return to debt markets after 3-year absence
- July 25, 2017
Late on Friday, S&P upgraded its outlook on Greek government debt from stable to "positive", thanks partly to renewed hopes that the country's creditors could finally grant it debt relief. Tuesday's return to bond markets is widely seen as a test run for the Greek authorities before next year's third bailout program expiration. He will meet Greek Prime Minister Alexis Tsipras , Finance Minister Euclid Tsakalotos and Bank of Greece Governor Yannis Stournaras, among others. (more...)
- July 25, 2017
Late on Friday, S&P upgraded its outlook on Greek government debt from stable to "positive", thanks partly to renewed hopes that the country's creditors could finally grant it debt relief. Tuesday's return to bond markets is widely seen as a test run for the Greek authorities before next year's third bailout program expiration. He will meet Greek Prime Minister Alexis Tsipras , Finance Minister Euclid Tsakalotos and Bank of Greece Governor Yannis Stournaras, among others. (more...)
Jimmy Choo walks out of Britain for £896m
- July 25, 2017
With Jimmy Choo , it now acquires a company that is back on the right track. "After a meteoric rise and spectacular crash, it is now the time to recycle cash into other brands". JAB Holding also said in April that it was undertaking a strategic review of the Swiss leather goods brand Bally. Chairman and chief creative officer Michael Kors said that the offer of £ 896 million (approximately $1.2 billion) was "final and will not be increased", unless there is another offer from a third ... (more...)
- July 25, 2017
With Jimmy Choo , it now acquires a company that is back on the right track. "After a meteoric rise and spectacular crash, it is now the time to recycle cash into other brands". JAB Holding also said in April that it was undertaking a strategic review of the Swiss leather goods brand Bally. Chairman and chief creative officer Michael Kors said that the offer of £ 896 million (approximately $1.2 billion) was "final and will not be increased", unless there is another offer from a third ... (more...)
Google profits take a hit from antitrust fine
- July 25, 2017
The parent company of search giant Google Inc. said today that it earned a second-quarter profit of $5.01 a share, down 28 percent from a year ago, on a 21 percent rise in revenue , to $26 billion. It said Google's search engine had systematically given prominence to its own comparison shopping service over others, so that it was displayed at or near the top of search results. (more...)
- July 25, 2017
The parent company of search giant Google Inc. said today that it earned a second-quarter profit of $5.01 a share, down 28 percent from a year ago, on a 21 percent rise in revenue , to $26 billion. It said Google's search engine had systematically given prominence to its own comparison shopping service over others, so that it was displayed at or near the top of search results. (more...)
'Fact-Checker' Snopes Is Begging Readers For Cash
- July 25, 2017
Although we maintain editorial control (for now), the vendor will not relinquish the site's hosting to our control, so we can not modify the site, develop it, or - most crucially - place advertising on it. Proper Media considers itself an owner of Bardav, not a vendor. In summary, today's post only confirms Proper Media's allegations that Mr. Mikkelson has drained the company's bank accounts and is unable to operate Snopes profitably without Proper Media's expertise and management. (more...)
- July 25, 2017
Although we maintain editorial control (for now), the vendor will not relinquish the site's hosting to our control, so we can not modify the site, develop it, or - most crucially - place advertising on it. Proper Media considers itself an owner of Bardav, not a vendor. In summary, today's post only confirms Proper Media's allegations that Mr. Mikkelson has drained the company's bank accounts and is unable to operate Snopes profitably without Proper Media's expertise and management. (more...)
Suzuki Swift Sport new generation showed in the Network
- July 25, 2017
The image of the vehicle released by Suzuki shows a three-door hatchback with design language similar to the new Suzuki Swift and its sedan version Swift Dzire. The third-generation Suzuki Swift Sport has "undergone a complete redesign and delivers an all-new level of excitement for sport minded drivers across the world", according to Suzuki. (more...)
- July 25, 2017
The image of the vehicle released by Suzuki shows a three-door hatchback with design language similar to the new Suzuki Swift and its sedan version Swift Dzire. The third-generation Suzuki Swift Sport has "undergone a complete redesign and delivers an all-new level of excitement for sport minded drivers across the world", according to Suzuki. (more...)
Europe concerned at impact of U.S. energy sanctions on Russian Federation
- July 25, 2017
One congressional aide said there's been a suggested fix to that section's legislation by quantifying the percentage of a partnership that would trigger sanctions . That also means it'll pass by a veto-proof majority. The bill faced a so-called blue slip constitutional problem that revenue generating legislation must originate in the House. (more...)
- July 25, 2017
One congressional aide said there's been a suggested fix to that section's legislation by quantifying the percentage of a partnership that would trigger sanctions . That also means it'll pass by a veto-proof majority. The bill faced a so-called blue slip constitutional problem that revenue generating legislation must originate in the House. (more...)
The Peel Hunt Reaffirms Reduce Rating for Beazley PLC (BEZ)
- July 24, 2017
Diageo PLC is an alcoholic beverage company. The firm's market capitalization is GBX 44.68 billion. The Vitec Group plc is a United Kingdom company, which designs, makes and distributes branded services and products that enable end users to capture and share images. (more...)
- July 24, 2017
Diageo PLC is an alcoholic beverage company. The firm's market capitalization is GBX 44.68 billion. The Vitec Group plc is a United Kingdom company, which designs, makes and distributes branded services and products that enable end users to capture and share images. (more...)
Caterpillar, Inc. (NYSE:CAT) Shares Bought by Peapack Gladstone Financial Corp
- July 24, 2017
Baldwin Brothers Inc Ma, a Massachusetts-based fund reported 600 shares. Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other global locations. (more...)
- July 24, 2017
Baldwin Brothers Inc Ma, a Massachusetts-based fund reported 600 shares. Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other global locations. (more...)
Blue Apron Holdings Inc (APRN) Coverage Initiated by Analysts at Canaccord Genuity
- July 24, 2017
These bullish endorsements outnumbered a trio of lukewarm recommendations from Raymond James , Morgan Stanley , and Barclays , all of which initiated Blue Apron shares with the equivalent of a "hold" this morning. RBC Capital initiated coverage with outperform rating and a target price of $10. With the last stock price close down -16.28% from the two hundred day average, compared with the S&P 500 Index which has increased 0.07% over the date range. (more...)
- July 24, 2017
These bullish endorsements outnumbered a trio of lukewarm recommendations from Raymond James , Morgan Stanley , and Barclays , all of which initiated Blue Apron shares with the equivalent of a "hold" this morning. RBC Capital initiated coverage with outperform rating and a target price of $10. With the last stock price close down -16.28% from the two hundred day average, compared with the S&P 500 Index which has increased 0.07% over the date range. (more...)
Acacia Mining aims for lower end of FY guidance after tough H1
- July 24, 2017
Published reports said investors appear to be disappointed with the lack of progress in resolving their dispute with the Tanzanian government. Barrick Gold Corp ., which owns a 63.9 percent stake in Acacia, agreed last month to hold talks with the government to resolve the tax evasion claims against Acacia. (more...)
- July 24, 2017
Published reports said investors appear to be disappointed with the lack of progress in resolving their dispute with the Tanzanian government. Barrick Gold Corp ., which owns a 63.9 percent stake in Acacia, agreed last month to hold talks with the government to resolve the tax evasion claims against Acacia. (more...)
KKR makes bet on health with $2.8bn WebMD deal
- July 24, 2017
The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. The stock has a market capitalization of $2.00 billion, a PE ratio of 28.79 and a beta of 0.74. As of the last earnings report the EPS was $1.92 and is estimated to be $2.04 for the current year with 36,279,000 shares now outstanding. (more...)
- July 24, 2017
The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. The stock has a market capitalization of $2.00 billion, a PE ratio of 28.79 and a beta of 0.74. As of the last earnings report the EPS was $1.92 and is estimated to be $2.04 for the current year with 36,279,000 shares now outstanding. (more...)
Fayez Sarofim & Co Holds Stake in Halliburton Company (NYSE:HAL)
- July 24, 2017
Trexquant Investment LP now owns 19,600 shares of the oilfield services company's stock worth $965,000 after buying an additional 3,000 shares during the last quarter. Company fiscal year is ending in December and analysts' consensus recommendation is Buy for NKTR and estimated EPS for next quarter is $ -0.20. ( HAL ) reported Monday a profit in its second quarter, compared to a hefty loss previous year, boosted mainly the absence of a one-time merger termination charge as well as strong ... (more...)
- July 24, 2017
Trexquant Investment LP now owns 19,600 shares of the oilfield services company's stock worth $965,000 after buying an additional 3,000 shares during the last quarter. Company fiscal year is ending in December and analysts' consensus recommendation is Buy for NKTR and estimated EPS for next quarter is $ -0.20. ( HAL ) reported Monday a profit in its second quarter, compared to a hefty loss previous year, boosted mainly the absence of a one-time merger termination charge as well as strong ... (more...)
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