Markets
General Motors Fined $29 Million by China for Allegedly Manipulating Prices
- December 24, 2016
The Shanghai Price Bureau said today that Shanghai GM, the USA automaker's venture with state-owned Shanghai Automotive Industries Corp., improperly suppressed competition by enforcing minimum prices dealers were allowed to charge for Cadillac, Chevrolet and Buick models. (more...)
- December 24, 2016
The Shanghai Price Bureau said today that Shanghai GM, the USA automaker's venture with state-owned Shanghai Automotive Industries Corp., improperly suppressed competition by enforcing minimum prices dealers were allowed to charge for Cadillac, Chevrolet and Buick models. (more...)
Annaly Capital Management Inc. (NLY) Lowered to "Market Perform" at FBR & Co
- December 24, 2016
Acrospire Investment Management LLC bought a new stake in Annaly Capital Management during the second quarter valued at approximately $101,000. P/E (price to earnings) ratio is 88.88 and Forward P/E ratio of 8.97. Compass Point downgraded the shares of NLY in a report on Monday, March 14 to "Neutral" rating. FBR & Co cut shares of Annaly Capital Management Inc. (more...)
- December 24, 2016
Acrospire Investment Management LLC bought a new stake in Annaly Capital Management during the second quarter valued at approximately $101,000. P/E (price to earnings) ratio is 88.88 and Forward P/E ratio of 8.97. Compass Point downgraded the shares of NLY in a report on Monday, March 14 to "Neutral" rating. FBR & Co cut shares of Annaly Capital Management Inc. (more...)
Year Sale Growth of Symantec Corporation (NASDAQ:SYMC) is reported at
- December 24, 2016
Out of the pool of analysts 14 gave their BUY ratings on the stock in previous month as 14 analysts having BUY in current month. EPS is usually the indicator of profitability for the company. The business also recently declared a quarterly dividend, which was paid on Wednesday, December 14th. Shareholders of record on Monday, November 21st were given a $0.075 dividend. (more...)
- December 24, 2016
Out of the pool of analysts 14 gave their BUY ratings on the stock in previous month as 14 analysts having BUY in current month. EPS is usually the indicator of profitability for the company. The business also recently declared a quarterly dividend, which was paid on Wednesday, December 14th. Shareholders of record on Monday, November 21st were given a $0.075 dividend. (more...)
Huntington Bancshares Incorporated (NASDAQ:HBAN) Earns Average Broker Rating Of Outperform
- December 24, 2016
State Street Corp raised its position in Huntington Bancshares by 4.4% in the second quarter. Finally, Robecosam AG raised its stake in Huntington Bancshares by 7.7% in the second quarter. and worldwide trademark and copyright law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2016/12/23/fbr-co-weighs-in-on-huntington-bancshares-inc-s-fy2018-earnings-hban.html. (more...)
- December 24, 2016
State Street Corp raised its position in Huntington Bancshares by 4.4% in the second quarter. Finally, Robecosam AG raised its stake in Huntington Bancshares by 7.7% in the second quarter. and worldwide trademark and copyright law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2016/12/23/fbr-co-weighs-in-on-huntington-bancshares-inc-s-fy2018-earnings-hban.html. (more...)
Police confirm dead Polish passenger in 'Berlin attack' truck
- December 24, 2016
Reports also suggest that the fingerprints of the dead man match those of the main suspect, a Tunisian man, in the attack on the Christmas markets in Berlin on Monday. Mr Minniti did not release further details of the operation, citing an ongoing investigation. Muench also said police haven't yet found a pistol believed used to kill a Polish truck driver who was supposed to be delivering steel beams with the truck used in the attack until it went missing. (more...)
- December 24, 2016
Reports also suggest that the fingerprints of the dead man match those of the main suspect, a Tunisian man, in the attack on the Christmas markets in Berlin on Monday. Mr Minniti did not release further details of the operation, citing an ongoing investigation. Muench also said police haven't yet found a pistol believed used to kill a Polish truck driver who was supposed to be delivering steel beams with the truck used in the attack until it went missing. (more...)
Investors Catching Stocks: The Mosaic Company (NYSE:MOS)
- December 24, 2016
Moreover, the company is exposed to a hard pricing environment. The company's premium MicroEssentials products are also expected to continue to be produced exclusively in the USA, with Brazil remaining a key market for MicroEssentials. Out of 19 analysts covering The Mosaic Company (NYSE:MOS), 3 rate it a "Buy", 7 "Sell", while 9 "Hold". TRADEMARK VIOLATION WARNING: This piece of content was originally reported by The Cerbat Gem and is the propert of of The Cerbat Gem. (more...)
- December 24, 2016
Moreover, the company is exposed to a hard pricing environment. The company's premium MicroEssentials products are also expected to continue to be produced exclusively in the USA, with Brazil remaining a key market for MicroEssentials. Out of 19 analysts covering The Mosaic Company (NYSE:MOS), 3 rate it a "Buy", 7 "Sell", while 9 "Hold". TRADEMARK VIOLATION WARNING: This piece of content was originally reported by The Cerbat Gem and is the propert of of The Cerbat Gem. (more...)
GM's China partnership fined $29M in anti-monopoly case
- December 24, 2016
Citing the authority based in Shanghai that oversees prices, the CCTV said that SAIC General Motors reached an agreement it called monopolistic with dealers, setting the floor prices for cars including its Chevrolet Trax, Buick Excelle and Cadillac SRX. (more...)
- December 24, 2016
Citing the authority based in Shanghai that oversees prices, the CCTV said that SAIC General Motors reached an agreement it called monopolistic with dealers, setting the floor prices for cars including its Chevrolet Trax, Buick Excelle and Cadillac SRX. (more...)
Valuable Price Trends to Observe: Petroleo Brasileiro S.A. - Petrobras's (PBR)
- December 24, 2016
Petroleo Brasileiro S.A. - Petrobras Price Target was estimate by 17 number of analysts, where the Average Price Target for the shares of PBR is $10.78. (NASDAQ:PBMD) [ Trend Analysis ] try to make new thrust in street and making different trends, stocks trading ended with 4.93% to $0.73. For the quarter, the stock has changed 5.22%. (more...)
- December 24, 2016
Petroleo Brasileiro S.A. - Petrobras Price Target was estimate by 17 number of analysts, where the Average Price Target for the shares of PBR is $10.78. (NASDAQ:PBMD) [ Trend Analysis ] try to make new thrust in street and making different trends, stocks trading ended with 4.93% to $0.73. For the quarter, the stock has changed 5.22%. (more...)
The Tesla Motors Inc. (TSLA) Stock Rating Upgrade by the Vetr Inc
- December 24, 2016
Set to be the first consumer-oriented Tesla vehicle, the auto is slated to cost $35,000 when it does release, which-according to the Tesla web site-will be in mid-2017. Also, insider Jeffrey B. Straubel sold 33,430 shares of the stock in a transaction on Tuesday, November 22nd. The company's revenue for the quarter was up 145.3% on a year-over-year basis. (more...)
- December 24, 2016
Set to be the first consumer-oriented Tesla vehicle, the auto is slated to cost $35,000 when it does release, which-according to the Tesla web site-will be in mid-2017. Also, insider Jeffrey B. Straubel sold 33,430 shares of the stock in a transaction on Tuesday, November 22nd. The company's revenue for the quarter was up 145.3% on a year-over-year basis. (more...)
Who's at risk - and how many are they - from an Obamacare repeal
- December 24, 2016
In addition to banning lifetime coverage caps, the Affordable Care Act lets consumers keep children on their plans until age 26; requires companies with at least 50 employees to offer coverage; and makes preventive care, such as health screenings, flu shots, breast-feeding supplies and contraception, free to those with insurance. (more...)
- December 24, 2016
In addition to banning lifetime coverage caps, the Affordable Care Act lets consumers keep children on their plans until age 26; requires companies with at least 50 employees to offer coverage; and makes preventive care, such as health screenings, flu shots, breast-feeding supplies and contraception, free to those with insurance. (more...)
Cuomo: All MTA bridges to be cashless by end of 2017
- December 24, 2016
The cashless system is part of the Democrat's New York Crossings Project, which will also bring color LED lights to all Metropolitan Transportation Authority bridges as well as driver facial recognition cameras. Speeding up traffic is the goal of what's called open-road tolling. Toll collectors will be reassigned to work with state police in enforcing the ticketing. (more...)
- December 24, 2016
The cashless system is part of the Democrat's New York Crossings Project, which will also bring color LED lights to all Metropolitan Transportation Authority bridges as well as driver facial recognition cameras. Speeding up traffic is the goal of what's called open-road tolling. Toll collectors will be reassigned to work with state police in enforcing the ticketing. (more...)
Deutsche Bank reach multi-billion dollar settlement with DoJ
- December 24, 2016
Barclays could not reach an agreement, marking the first time the Justice Department has sued one of the banks at the centre of a government initiative to recoup investor losses on mortgage securities. Credit Suisse , meanwhile, is in the midst of a significant restructuring. Since 2012, Deutsche Bank has already paid more than 12 billion euros for litigation, including a deal with USA mortgage-finance giants Fannie Mae and Freddie Mac. (more...)
- December 24, 2016
Barclays could not reach an agreement, marking the first time the Justice Department has sued one of the banks at the centre of a government initiative to recoup investor losses on mortgage securities. Credit Suisse , meanwhile, is in the midst of a significant restructuring. Since 2012, Deutsche Bank has already paid more than 12 billion euros for litigation, including a deal with USA mortgage-finance giants Fannie Mae and Freddie Mac. (more...)
Latest Bank Mortgage Settlements Aim to Get More Relief to Consumers
- December 24, 2016
The German lender will pay a total of US$7.2 billion - a US$3.1-billion fine and US$4.1 billion in relief to consumers - as part of the long-sought agreement in principle with USA authorities, it said. The bank will take a related pre-tax charge of approximately $2 billion in the fourth quarter. Billions of dollars of relief may be on the way for borrowers who got mortgages before the housing bust. (more...)
- December 24, 2016
The German lender will pay a total of US$7.2 billion - a US$3.1-billion fine and US$4.1 billion in relief to consumers - as part of the long-sought agreement in principle with USA authorities, it said. The bank will take a related pre-tax charge of approximately $2 billion in the fourth quarter. Billions of dollars of relief may be on the way for borrowers who got mortgages before the housing bust. (more...)
ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) Under Analyst Spotlight
- December 23, 2016
Leerink Swann reiterated a "hold" rating and issued a $29.00 price target on shares of Acadia Pharmaceuticals in a report on Tuesday, November 8th. Finally, Bank of America Corp. The minimum price target estimate has been figured out at $44 while the maximum price target forecast is established at $90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . (more...)
- December 23, 2016
Leerink Swann reiterated a "hold" rating and issued a $29.00 price target on shares of Acadia Pharmaceuticals in a report on Tuesday, November 8th. Finally, Bank of America Corp. The minimum price target estimate has been figured out at $44 while the maximum price target forecast is established at $90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . (more...)
Credit Suisse Agrees $5.3 Billion US Mortgage Settlement
- December 23, 2016
According to a recent memo released by the bank, "By agreeing this settlement, we are removing a long-standing uncertainty from Deutsche Bank". The financial giant has agreed to pay a fine of a massive $7.2 billion over toxic securities. The bailed-out bank could face bill of as much as £9bn, analysts have warned. The bank's shares are up almost 90 percent since touching record lows in September. (more...)
- December 23, 2016
According to a recent memo released by the bank, "By agreeing this settlement, we are removing a long-standing uncertainty from Deutsche Bank". The financial giant has agreed to pay a fine of a massive $7.2 billion over toxic securities. The bailed-out bank could face bill of as much as £9bn, analysts have warned. The bank's shares are up almost 90 percent since touching record lows in September. (more...)
Kerala: CBI raids co-operative banks, seize Rs 266 crore unaccounted cash
- December 23, 2016
Headquartered at Parli in Beed, the stronghold of Munde family, the bank has 41 branches across the state and its website claims the late BJP leader Gopinath Munde as its inspiration. The cooperative banking sector in Kerala is a three-tier system, with about 1,600 primary cooperative banks attached to 14 district banks, which are further linked to the apex Kerala State Cooperative Bank (KSCB). (more...)
- December 23, 2016
Headquartered at Parli in Beed, the stronghold of Munde family, the bank has 41 branches across the state and its website claims the late BJP leader Gopinath Munde as its inspiration. The cooperative banking sector in Kerala is a three-tier system, with about 1,600 primary cooperative banks attached to 14 district banks, which are further linked to the apex Kerala State Cooperative Bank (KSCB). (more...)
Walgreens, Rite Aid shed 865 stores to close $9.4B deal
- December 23, 2016
The company's outstanding shares are 6.07 Billion. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The stock revealed the change of -0.35% with down momentum. On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. (more...)
- December 23, 2016
The company's outstanding shares are 6.07 Billion. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The stock revealed the change of -0.35% with down momentum. On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. (more...)
GDP Picked Up in Third Quarter, But it May Not Last
- December 23, 2016
Archer said the United Kingdom still faces a decline in growth in 2017 as inflation put a further squeeze on consumer spending and business investment remained low. Britain's current account deficit widened to £25.494 billion from a downwardly revised £22.079 billion in the second quarter. In the run-up to June's referendum, Bank of England Governor Mark Carney said Britain relied on the "kindness of strangers" to meet its financing needs - something that could fade if Britain became a less ... (more...)
- December 23, 2016
Archer said the United Kingdom still faces a decline in growth in 2017 as inflation put a further squeeze on consumer spending and business investment remained low. Britain's current account deficit widened to £25.494 billion from a downwardly revised £22.079 billion in the second quarter. In the run-up to June's referendum, Bank of England Governor Mark Carney said Britain relied on the "kindness of strangers" to meet its financing needs - something that could fade if Britain became a less ... (more...)
Analyst's Key Ratings: Apple Inc. (NASDAQ:AAPL) , Tata Motors Ltd (NYSE:TTM)
- December 23, 2016
However, its 2Q16 and 3Q16 earnings largely disappointed investors. There were earnings of $0.26 per share. The shares ended last trade at $12.4, implying that Wall Street analysts see shares climbing about 2.02 per cent in 12 months' time. (more...)
- December 23, 2016
However, its 2Q16 and 3Q16 earnings largely disappointed investors. There were earnings of $0.26 per share. The shares ended last trade at $12.4, implying that Wall Street analysts see shares climbing about 2.02 per cent in 12 months' time. (more...)
Which way Allergan plc (NYSE:AGN) earning numbers may go
- December 23, 2016
The US Brands segment includes sales and expenses relating to branded products within the United States, including certain Botox therapies. The company presently has an average rating of "Buy" and an average price target of $277.73. Barnett & Company Inc. increased its stake in shares of Allergan PLC by 4.9% in the third quarter. The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 28th. (more...)
- December 23, 2016
The US Brands segment includes sales and expenses relating to branded products within the United States, including certain Botox therapies. The company presently has an average rating of "Buy" and an average price target of $277.73. Barnett & Company Inc. increased its stake in shares of Allergan PLC by 4.9% in the third quarter. The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 28th. (more...)
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