Markets

UK Industrial Production Grows More Than Expected In September

UK Industrial Production Grows More Than Expected In September The reports round off a quarter which saw economic growth pick up slightly to 0.4 per cent, a level which remains below its pre-Brexit referendum average as political uncertainty and inflation crimp consumer spending. Until now, the official readings of manufacturing have tended to show a weaker picture for the sector than the surveys over 2017. The ONS also reported that the UK's trade in goo... [Full Article...]

Uber loses 'landmark' court appeal against drivers' employment rights

Uber loses 'landmark' court appeal against drivers' employment rights Uber was founded in 2009, and invites customers to book journeys using its app. On Friday it confirmed it would appeal against the latest decision. Uber has said it will appeal the ruling, which could mean it takes years for the process to be exhausted. [Full Article...]

SBI Q2 net profit at Rs 1582 cr, misses estimates

SBI Q2 net profit at Rs 1582 cr, misses estimates Advances during the quarter increased 1 percent to Rs 18.92 lakh crore while deposits grew by 10.3 percent to Rs 26.23 lakh crore YoY. Of the total provisioning, that on account of loan losses was Rs 16,715 crore. Similarly, the net NPAs rose to 5.43 per cent from 4.19 per cent. Following reduction in NPAs, provisioning for bad loans declined to Rs 1,866.52 crore during the quarter under revie... [Full Article...]

Williams Companies, Inc. (The) (WMB) Shares Sold by Armstrong Shaw Associates Inc

Several other brokerages have also commented on WMB . Currently, 717.93 million total shares are owned by the public and among those 682.22 million shares have been available to trade. Williams Companies, Inc. (The) (NYSE:WMB) last issued its quarterly earnings results on Wednesday, November 1st. Williams Companies, Inc. (NYSE:WMB) reported its EPS in the last quarter as $0.1/Share lagging the ... [Full Article...]

Uber is working with Nasa to build and test flying cars

Uber is working with Nasa to build and test flying cars NASA has used such contracts to develop rockets since the late 1950s. Aviation manufacturers such as Embraer, Bell Helicopter, Pipistrel, Aurora Flight Sciences, and Mooney Aviation will supply and pilot the aircraft. Uber Elevate has other NASA connections as well. Uber is looking to start the flying taxi service before the 2028 Olympics in Los Angeles. Uber's flying auto initiative, d... [Full Article...]

Will Chesapeake Utilities Corporation's (CPK) Earnings Grow In Next 12 Months?

Will Chesapeake Utilities Corporation's (CPK) Earnings Grow In Next 12 Months? Stifel Financial Corp lifted its stake in Chesapeake Utilities Corporation by 5.6% during the first quarter. Legal & General Group Plc now owns 3,865 shares of the utilities provider's stock worth $290,000 after purchasing an additional 90 shares during the last quarter. [Full Article...]

FY2017 EPS Estimates for Schlumberger NV Cut by Seaport Global Securities (SLB)

In other news, Director Tore I. Sandvold sold 3,500 shares of the stock in a transaction on Tuesday, October 24th. Currently, 4.18 billion total shares are owned by the public and among those 3.05 billion shares have been available to trade. [Full Article...]

Intel Corporation (INTC) Shares Bought by United Bank

Intel Corporation ( INTC ) has risen 19.47% since November 9, 2016 and is uptrending. It has outperformed by 2.77% the S&P500. Woodstock Corp increased its stake in Ubiquiti Networks Inc (UBNT) by 467.2% based on its latest 2017Q2 regulatory filing with the SEC. [Full Article...]

The Chevrolet Corvette ZR1 Is Here Early, And It Has 740bhp

The Chevrolet Corvette ZR1 Is Here Early, And It Has 740bhp Motor Trend will be there to bring you all the details. According to the " Car and Driver " cover, the ZR1 will have 750 hp - 100 more than the already potent Z06 'Vette. C&D also says a performance pack which includes Michelin Pilot Sport Cup 2s, damper tuning, and an adjustable rear wing is going to be available. There will be multiple aerodynamics packages for the new ZR1, including RPO ZT... [Full Article...]

Alcoa Earns Perfect Score on 2018 Corporate Equality Index

Alcoa Earns Perfect Score on 2018 Corporate Equality Index The data collected stems from corporate practices ensuring work place equality for any employee that considers themselves lesbian, gay, bisexual, transgender, or queer. "At a time when the rights of LGBTQ people are under attack by the Trump-Pence Administration and state legislatures across the country, hundreds of top American companies are driving progress toward equality in the workplace", HRC... [Full Article...]

Sector Volume Actives: Zynga Inc. (NASDAQ:ZNGA)

The Manufacturers Life Insurance Company 's holdings in Zynga were worth $112,000 as of its most recent SEC filing. For every buyer, there needs to be someone who sold them the shares they bought, just as there must be a buyer in order for a seller to get rid of his or her shares. [Full Article...]

(K) Price Target Increased to C$8.00 by Analysts at Canaccord Genuity

Mountain Pacific Inv Advisers Id invested in 0.05% or 2,780 shares. Oceaneering International (NYSE:OII) has declined 15.63% since November 9, 2016 and is downtrending. Since May 10, 2017, it had 0 insider buys, and 8 sales for $16.27 million activity. The shares were sold at an average price of C$5.27, for a total value of C$94,860.00. [Full Article...]

Jeep Wrangler Cabin Unveiled

Jeep Wrangler Cabin Unveiled Fiat-Chrysler released images showing the interior of the next-generation Jeep Wrangler . Along with that first-look, Mopar also unveiled a line of more than 200 exclusive parts and accessories for the SUV. Further down is the power window controls, and under that the drive modes for the four-wheel drive system. This could mean that the Wrangler is indeed equipped with a more advanced 4x4 syste... [Full Article...]

ESPN set to lay off another 100 after holiday

ESPN set to lay off another 100 after holiday A limited number of other positions will also be affected and a handful of new jobs will be posted to fill various needs. SBD also reported that ESPN's "First Take" with Stephen A. Hill's suspension was paid, according to ESPN book author Jim Miller. She previously sparked a firestorm by calling President Donald Trump is a "white supremacist". [Full Article...]

Sainsbury's share price falls as Argos takeover weighs on results

Sainsbury's share price falls as Argos takeover weighs on results The retailer reported underlying profit before tax of £251 million for the six months to September 23, compared to £277 million in the same period previous year - but the company said this was still better than analysts' predictions of £240 million. [Full Article...]

Roku shares surge 50% on first-ever Earnings beat

Roku shares surge 50% on first-ever Earnings beat The original version of this report can be accessed at https://stocknewstimes.com/2017/11/09/roku-inc-roku-coverage-initiated-by-analysts-at-needham-company-llc.html. & global copyright & trademark legislation. The stock was sold at an average price of $14.00, for a total value of $96,600,000.00. Roku Inc . beat sales projections in its first quarterly report since going public, bolstered by ri... [Full Article...]

Weak uranium prices force Cameco to halt two operations in Canada

Weak uranium prices force Cameco to halt two operations in Canada Wall said about 48 per cent of Cameco's employees are Indigenous. Wall said the province will help workers get access to training, services and benefits, because the situation is "fairly traumatic, even for a temporary loss of job". Low uranium prices are being blamed for the shutdowns. They noted prices have fallen over 70 per cent since an quake and tsunami in Fukushima, Japan devastated a n... [Full Article...]

Region's housing market will 'remain subdued', say surveyors

Britain's property market is slowing as political and economic uncertainty take their toll on sales, buyer demand and prices, a closely watched survey has shown. "With both buyer enquiries slipping and sales expectations also subdued, the sense is that home owners are staying put". The Bank of England raised interest rates last week for the first time in a decade, something that is expected to s... [Full Article...]

Kawhi Leonard's rehab coming along slowly

Popovich said Leonard's body hasn't reacted the same way as #Tony Parker, who is recovering from a left quadriceps tendon surgery. Parker has said his target return date is late November. Parker, who is recovering from offseason surgery to fix his left quadriceps tendon, is still a "few more weeks" away. He's not totally confident. It will be a few more weeks. [Full Article...]

M&S finance chief to quit as profit falls

M&S finance chief to quit as profit falls Weir, who has been with M&S for two years, will stay until a replacement is found but her departure suggests Archie Norman , the retail turnaround expert who became its chairman in the autumn, is making his presence felt in the boardroom. M&S said it would speed-up the United Kingdom space rationalisation plan for clothing and homeware and reposition its food business, including slowing openings ... [Full Article...]


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