Business

Merson tips Sunderland to secure a vital victory v Southampton

Merson tips Sunderland to secure a vital victory v Southampton Sunderland's home loss to Stoke recently marked the end of a run of just one defeat in their last 11 home games against bottom-half sides, and they'll feel confident of getting something out of this clash with an out-of-form Southampton outfit. [Full Article...]

Sensex declines by 62 points, Nifty trades below 8800

After two sessions of losses, the benchmark Sensex recovered nearly 173 points and the NSE Nifty retook the 8,800-mark in early trade today on fresh spell of buying by participants. Top losers in the Sensex-30 pack: Lupin (down 2.1 per cent), ITC (down 1.6 per cent), Dr Reddy's Labs (down 1.5 per cent), Gail (down 1.5 per cent), and Cipla (down 1.3 per cent). [Full Article...]

Manulife Financial Corp (MFC) Raises Dividend to $0.16 Per Share

The firm also recently declared a quarterly dividend, which was paid on Monday, December 19th. It has been recommended as "Buy Opinions" from 3 and 0 suggested "Sell Thoughts" for the stock. Manulife Financial Corporation P/E (price to earnings) ratio is 16.07 and Forward P/E ratio of 8.58. 2,730,208 shares of the company were exchanged. [Full Article...]

Seattle to cut ties with Wells Fargo over oil pipeline

Seattle to cut ties with Wells Fargo over oil pipeline The completed 1,172-mile DAPL would carry oil from the Bakken formation in North Dakota to Gulf Coast refineries and export terminals via Patoka, Illinois. Supporters have reported withdrawing funds totaling more than $58 million. In December, the Minneapolis City Council instructed staff to study the possibility of cutting ties with banks invested in the fossil fuel industry and the Dakota Acce... [Full Article...]

Yum! Brands Q4 Revenue Trails Estimates As Pizza Hut Lags

Yum! Brands Q4 Revenue Trails Estimates As Pizza Hut Lags Credit Suisse Group upgraded shares of Yum! Speaking as a guest on CNBC , Yum' CEO Greg Creed acknowledged that Pizza Hut remains a "challenge", but that shouldn't take away from the momentum in the remaining two brands. Teacher Retirement System of Texas now owns 701,303 shares of the restaurant operator's stock valued at $63,685,000 after buying an additional 665,763 shares during the last q... [Full Article...]

Workers walk off at Escondida copper mine in Chile

Workers walk off at Escondida copper mine in Chile BHP Billiton said on Tuesday it would halt production during the strike because it could not guarantee the safety of the 80 workers the government had authorized to remain at the mine to perform "critical duties", such as equipment upkeep and adherence to environmental protocols. [Full Article...]

Sentry Investment Management Boosts Position by $12983511 in The Coca-Cola Co (KO)

In front of fourth-quarter earnings release on Thursday, Feb 09, 2017, 19 analysts are forecasting profits of $0.37 per share, with views ranging from an ultra-tight $0.35 to $0.39. Barclays Initiated The Coca-Cola Co on Jan 9, 2017 to "Equal Weight", Price Target of the shares are set at $102. The Coca-Cola Co was Downgraded by Goldman to " Sell" on Jan 9, 2017. [Full Article...]

Dadaab to stay open, but not sustainable

Judge John M. Mativo said in the judgment Thursday that the plans to close Dadaab and repatriate Somali refugees violate the global legal principle of non-refoulment, described in the 1951 Refugee Convention. Most people in Dadaab came from Somalia after the conflict intensified and drought followed by a food crisis wrought havoc on Southern parts of the country. [Full Article...]

Technicals in Focus for Cognizant Technology Solutions Corporation (CTSH)

Over the trailing year, the stock is underperforming the S&P 500 by -19.36%, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. Cognizant Technology Solutions Corp (NASDAQ:CTSH) now has a PEG ratio of 1.90 where as its P/E ratio is 22.08. While taking a glance at financials, we can look at a number of key indicators about C... [Full Article...]

Thomas Cook Group drops on cautious outlook although first-quarter revenues rise

It said bookings for holidays in Greece were now up by more than 40%, while Spain had also done well. In reaction to the cautious outlook comment, Thomas Cook shares topped the FTSE 250 fallers list in late afternoon trading, down over 7%, or 6.55p at 85.50p. [Full Article...]

Home Loans: Current Mortgage Rates at BoA, Suntrust Feb 9, 2017

Home Loans: Current Mortgage Rates at BoA, Suntrust Feb 9, 2017 Mortgage rates might not be climbing as steadily as many predicted. 5/1 ARMs at Chase Bank are coming out at 3.250%. with an April of 3.493%. The average two-year buy-to-let tracker rate was 2.81 per cent, unchanged from December. A statement from the broker says: "While this is great news for landlords who favour shorter term products, those wishing to lock into record low rates for the longer ... [Full Article...]

Consider Disney (DIS) Shares Following Recent Upgrades from Analysts

While the stock isn't a screaming buy here, the combination of a relatively attractive valuation, strong cash flows, and a healthy earnings growth outlook continue to make us long-term bullish. Currently, the stock carries a price to earnings ratio of 19.06, a price to book ratio of 4.05, and a price to sales ratio of 3.11. All the while, a Star Wars movie every year will gross between $1 and $2... [Full Article...]

Twilio, Inc. (NYSE:TWLO)

Its Current ratio for most recent quarter of 4.50. According to TipRanks.com, Davis is a top 100 analyst with an average return of 11.9% and a 63.8% success rate. Citigroup Inc. started coverage on shares of Twilio in a report on Monday, October 31st. (NYSE:TWLO) rose 1.43% to $31.82. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. [Full Article...]

Army Approves Dakota Access Pipeline Route, Paving Way For The Project's Completion

Army Approves Dakota Access Pipeline Route, Paving Way For The Project's Completion The company has said it is safe. In addition, Darcy ordered that full-blown environmental impact assessment be conducted, a process that could take as long as two years more to complete. Sympathizers staged protests in cities across the USA, including San Francisco. Now it's expected to start operating June 1, assuming no new obstacles prevent it, a person familiar with the matter said February ... [Full Article...]

Intel and Trump Announce $7B for Fab 42 Targeting 7nm

Krzanich says the announcement comes partly in response in part to Trump's tax and regulatory policies. "This factory will produce the most powerful computer chips on the planet", Krzanich said . While Trump celebrated the announcement as a win, later reporting revealed that in had agreed to give the company up to $7 million in tax credits. Two weeks ago, Intel said it was establishing a p... [Full Article...]

(PNRA) Is Rising After Q4 Earnings Topped Expectations

While taking a glance at financials, we can look at a number of key indicators about Panera Bread Company's (PNRA). The original version of this story can be read at https://www.thecerbatgem.com/2017/02/08/panera-bread-company-pnra-price-target-lowered-to-264-00-at-barclays-plc.html. [Full Article...]

Rio Tinto exits Bunder diamond project; 'gifts' assets to government

Other commodities including coal and copper rose in price as well. "Today's results show we have kept our commitment to maximise cash and productivity from our world-class assets, delivering USD3.60 billion in shareholder returns while maintaining a robust balance sheet". [Full Article...]

Crude oil to trade in 3534-3662 range: Achiievers Equities

While traditional oil exporters are fighting oversupply in attempt to boost the prices, the U.S.is intensifying its shale oil production. The price for Brent crude oil was 0.5 percent below yesterday's close to $54.78 per barrel about a half hour before US markets opened. [Full Article...]

Aldi overtakes Co-op to become UK's fifth biggest supermarket

German-owned Aldi has overtaken the Co-operative as Britain's fifth biggest supermarket, industry data shows. At the top of the retail market, Morrisons was the fastest growing of the big four, seeing a 1.9% bump on the back of its own-label growth, with Tesco up a more modest 0.3% and Sainsbury's flat at 0.0%. [Full Article...]

Michael Kors shows long-term optimism despite current challenges

Michael Kors shows long-term optimism despite current challenges Several sell side analysts reviewed their recommendations on Michael Kors Holdings Limited (NYSE:KORS) where 1 analyst have rated the stock as Strong Buy, 4 analysts said it's a Buy, 22 rated the stock as Hold, 0 analysts reported Underperform and 1 analysts gave their recommendations as Sell. [Full Article...]


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