Markets

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Cuts Position in Tesla Inc. (NASDAQ:TSLA)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Cuts Position in Tesla Inc. (NASDAQ:TSLA) Guggenheim restated a " buy " rating and set a $430.00 target price on shares of Tesla in a report on Thursday. Morgan Stanley analyst Adam Jonas, who's been a perma-bull on Tesla for quite some time, increased his base case price target from $305 to $317 per share in a note to investors dated August 14. [Full Article...]

Berkshire Hathaway Inc. (BRK-B) Lowered to "Sell" at BidaskClub

Berkshire Hathaway Inc. (BRK-B) Lowered to Synchrony slumped 18 percent in NY trading this year through Monday's close amid concerns that borrowers would struggle to repay their obligations at a time when credit-card debt is at a record high in the U.S. The firm's top holdings are all well-known brand names that Buffett has become famous for championing. General Electric Shares are down 20.08% this year and rose 0.63% on Monday, the da... [Full Article...]

BidaskClub Lowers Antero Midstream Partners LP (AM) to Sell

BidaskClub Lowers Antero Midstream Partners LP (AM) to Sell QS Investors LLC purchased a new stake in DCP Midstream Partners, during the second quarter worth $167,000. Signaturefd Lc holds 0.05% of its portfolio in Dominion Energy Midstream Partners LP (NYSE:DM) for 9,250 shares. (NASDAQ:WAFD). Bessemer Gru Inc invested in 83,400 shares. Thompson Davis And holds 0.02% or 450 shares in its portfolio. Blackrock Inc has 56,381 shares. [Full Article...]

Target acquisition bolsters delivery capabilities, brings new VP technology

Target acquisition bolsters delivery capabilities, brings new VP technology With the purchase of Grand Junction, the retailer said it will be able to expedite shipping with the goal of being able to provide same-day service. Target announced Monday that it has agreed to acquire Grand Junction to improve and expand Target's delivery capabilities and accelerate its investments and ongoing efforts to transform its supply chain. [Full Article...]

Sahara Group's jewel 'Aamby Valley' put up for auction

Sahara Group's jewel 'Aamby Valley' put up for auction The development comes just after three days of the Supreme Court declining to stay the auction of Sahara's properties despite the group claiming to have sold its two NY hotels and that it would generate $1.67 billion against 26% equity in its Aamby Valley property near Pune to pay its dues to the capital market regulator SEBI . [Full Article...]

ON Semiconductor Corporation (NASDAQ:ON) Shares Bought by Harbour Capital Advisors LLC

Zacks Investment Research upgraded MagnaChip Semiconductor Corporation from a "hold" rating to a "buy" rating and set a $13.00 price objective for the company in a report on Thursday. The company's revenue for the quarter was up 11.6% compared to the same quarter past year. Wall Street analysts are predicting that Magnachip Semiconductor Corp (NYSE:MX) will report earnings per share of $0.24 ... [Full Article...]

California sues Trump Administration over sanctuary cities

California sues Trump Administration over sanctuary cities Sanctuary policies improve public safety by ensuring anyone can seek help if they are the victim of a crime. U.S. Attorney General Jeff Sessions has said the Trump administration "will not simply give away grant dollars to city governments that proudly violate the rule of law and protect criminal aliens". [Full Article...]

Tensions rise between US and North Korea

Tensions rise between US and North Korea In the first four days of the week, the Standard & Poor's 500 index swung from marking its latest record high to posting its biggest single-day drop in almost three months. "Too many past administrations have kicked the can down the road and we've finally come to the end of the road where North Korea has nuclear weapons and the means to deliver them", he said. [Full Article...]

Aldi and Instacart launch grocery delivery in Atlanta

Aldi and Instacart launch grocery delivery in Atlanta The new partnership should help Aldi better compete with upmarket chains like Whole Foods, which added delivery through Instacart previous year. Last year, online grocery sales were about $20.5 billion. It "has also been threatened by the Amazon deal as it has been a Whole Foods partner", points out Sam Dean for the Telegraph . The report from Nielsen the market research company and Foo... [Full Article...]

Asia stocks snap back into the red on lingering North Korea tensions

Asia stocks snap back into the red on lingering North Korea tensions From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Japan is the world's biggest creditor country and there is an assumption that investors there will repatriate funds in a crisis. [Full Article...]

Blakeway North's Panorama uncovers trouble in the skies

Blakeway North's Panorama uncovers trouble in the skies Meanwhile more than half of cabin crew who responded to a survey said they had witnessed disruptive drunken passenger behaviour at United Kingdom airports. "World Duty Free has introduced a number of measures to ensure it complies with its obligations under the Code of Conduct on Disruptive Passengers , including but not limited to verbal warnings and displaying clear advisory notices at till poi... [Full Article...]

£200m Garden Bridge project abandoned amid row over 'Boris vanity project'

£200m Garden Bridge project abandoned amid row over 'Boris vanity project' Since it was first announced three years ago, it had been criticised as a "vanity project" of then-Mayor Boris Johnson, who famously championed the Emirates Air Line cable vehicle from North Greenwich to Docklands, which has very low passenger usage. [Full Article...]

VF to Acquire Williamson-Dickie in $820 million Cash Deal

VF to Acquire Williamson-Dickie in $820 million Cash Deal The company was founded in Fort Worth in 1922 and employs 7,000 people worldwide. VF expects the brands will add more than $1 billion in revenue to its balance sheet by 2021. The NYSE-listed firm said its earnings per share are now expected to be US$2.96 for 2017, up from previous guidance of US$2.94, while 2017 revenue is expected to total US$11.85bn, up from US$11.65bn previously. [Full Article...]

Stock Floating Above Moving Averages: The Coca-Cola Company (NYSE:KO)

ADV increased its position in Coca-Cola Company (The) by 2.2% in the second quarter. The Grandeur Peak Global Advisors Llc holds 260,725 shares with $11.63 million value, down from 305,100 last quarter. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of US and worldwide copyright law. The correct version of this piece can be viewed at ... [Full Article...]

Relx PLC's (REL) Buy Rating Reaffirmed at Liberum Capital

Relx PLC's (REL) Buy Rating Reaffirmed at Liberum Capital Its up 0.84% from 895,600 shares previously. With 31,600 avg volume, 3 days are for Galmed Pharmaceuticals Limited Ord (NASDAQ:GLMD)'s short sellers to cover GLMD's short positions. The company has market cap of 9.85 billion GBP. It has a 20.84 P/E ratio. The latest broker reports which are now outstanding on Monday 14th of August note 4 analysts have a rating of "strong buy", 1 analysts "buy", ... [Full Article...]

Uber brings in-app tipping to the UK

Uber brings in-app tipping to the UK Taxi app Uber will improve conditions for its British drivers with changes including in-app tipping, after criticism from lawmakers and unions for not giving them more rights. The range of updates to the Uber app will also include a new "No thanks" button for drivers to deny trip requests - which Uber says will also reduce waiting times for users as their journey requests will now be passed on to ... [Full Article...]

Eight years after attack, Sri Lanka set to tour Pakistan

Eight years after attack, Sri Lanka set to tour Pakistan After it was revealed that contracted New Zealand players were likely to miss the World XI series in Lahore , Sri Lanka Cricket ( SLC ) president Thilanga Sumathipala has displayed an eagerness for his nation to show support and play in Pakistan. [Full Article...]

Merck's CEO quits Trump's council over Charlottesville

Merck's CEO quits Trump's council over Charlottesville Frazier said in a tweet on Monday that the country's leaders must "honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy". The White House said a day later that Trump's remarks - which didn't name white nationalists, neo-Nazis or the KKK - did in fact condemn the hate groups. [Full Article...]

Bitcoin Price Climbs above US$4000, Hits All-Time High

Bitcoin Price Climbs above US$4000, Hits All-Time High Investors have ensured something of a rollercoaster ride with Bitcoin , and while many people have been able to make a decent return on their investment, there are plenty of others who have lost out. The split, which took place on August 1, came after an ongoing battle among the cryptocurrency community over the rules that should govern bitcoin's network. [Full Article...]

Sensex surges 235 pts as geo-political tensions ease

Sensex surges 235 pts as geo-political tensions ease The BSE market breadth was bullish with 1,874 advances and 695 declines . However, Indian equities were continuously gaining, with the benchmark indices Sensex and Nifty rising 17-18% since so far this year since January 2017. A weak U.S. inflation data, which dampened prospects of a rate hike this year, lifted sentiments leading to buying in most of the Asian shares. "Asian stocks bounced ... [Full Article...]


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