Economy

by | August 05, 2017 | 00:27

Wells Fargo downgraded the shares of TEVA in report on Monday, January 9 to "Market Perform" rating. WARNING: " Teva Pharmaceutical Industries Limited's ( TEVA ) "Hold" Rating Reiterated at Maxim Group" was originally reported by Community Financial News and is the sole property of of Community Financial News.

by | August 03, 2017 | 01:05

The company released the official results today delivered higher on revenue of ~$2.8 billion and missed on earnings with a loss of $2.04 per share (GAAP). Straubel Jeffrey B had sold 109,100 shares worth $33.58 million on Monday, May 8. DENHOLM ROBYN M sold $6.24M worth of stock or 20,000 shares. The disclosure for this sale can be found here.

by | August 03, 2017 | 01:00

Falling retail inflation, which fell to a historic low of 1.54 per cent in June, slowing economy that grew at a subdued 6.1 per cent last quarter, and weak private-sector investment are prompting a rate revision. "Given the liquidity conditions prevailing and that we have reduced policy rates by substantial amount since start of easing cycle, I think there is scope for banks to reduce lending rate for those segments".

by | August 02, 2017 | 00:44

The company has been exploring deal options with T-Mobile US Inc but faces the hurdle of reaching an agreement on price as well as getting the deal approved by regulators. "Every time a new carrier launches a new promotion or changes the way they do business... that automatically causes the market to shift", he said. Revenue totalled to $8.16 billion, compared to $8.01 billion in the previous year and analysts' expectations of $8.11 billion.

by | August 01, 2017 | 22:58

Discovery Communications (NASDAQ: DISCK ) last issued its quarterly earnings results on Tuesday, May 9th. The company reported $0.68 EPS for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.04. Discovery Communications now has an average rating of "Hold" and an average target price of $28.65. Discovery and Scripps are also grappling with changing models of distribution, as cable companies respond to falling subscriber numbers with their own online platforms and less ...

by | August 01, 2017 | 22:56

Spain, which has the second-highest rate of unemployment in the eurozone at 17.1 percent, saw the biggest fall - down from 2.8 percent from the previous year. The ECB targets inflation of "just below 2 percent". Eurozone unemployment fell further in June to reach its lowest level since February 2009, continuing the trend of a strengthening European economy.

by | July 28, 2017 | 00:24

AstraZeneca along with its global biologics R&D research arm MedImmune announced that their immune-oncology combo-treatment for non-small cell lung cancer, or NSCLC, did not meet the primary endpoint in a late-stage study. The company kept its interim dividend of 90.0 cents per share unchanged. Ahead of today's announcements analysts had warned AstraZeneca had "become a one trial company" due to its reliance on the Mystic readout.

by | July 27, 2017 | 18:26

Mr. Schmidt had been awaiting trial while behind bars in MI. His lawyers disclosed the plan during a brief conference with a judge, spokesman David Ashenfelter said. It's unclear if Schmidt will plead guilty to every count. Most of the Volkswagen executives charged are in Germany and may not travel to the United States since Germany typically does not extradite its citizens.

by | July 26, 2017 | 01:08

The business had revenue of $342.80 million during the quarter, compared to analyst estimates of $310.58 million. Barnes & Noble stock recently enjoyed a bounce on the heels of its better-than-expected quarterly results in June. Barnes & Noble Education, Inc.is a contract operator of bookstores on college and university campuses across the United States and a well-known provider of digital education services.

by | July 26, 2017 | 01:06

It's considered likely that the USA would demand Britain open up its market to chlorine-washed chicken as part of any trade deal, and BuzzFeed reported back in February that the American farming lobby was pushing for it. US farm leaders have said they hope the two governments can establish a trading relationship in which the U.K.is open to more imports from the USA, including chlorine-washed chicken and biotech products, than European Union officials in Brussels have been willing to ...

by | July 22, 2017 | 00:56

Dublin is the "natural location to consolidate our legal entities as we transition", Moynihan said, noting the bank already has a fully licenced Irish-domiciled bank and nearly 50 years of operation in the city. The Irish workforce at Bank of America's operations, based between Leopardstown and Hatch Street, is now in the process of growing from 600 to 700 people, but it is not yet clear what figure this number will grow to.

by | July 22, 2017 | 00:55

Lyft is getting bolder in the wake of Uber's unraveling. While Uber's self-driving plans have mostly been a solo effort, Lyft has announced what it calls its Open Platform Initiative , a way to develop autonomous vehicle technology in conjunction with automakers and technology companies.

by | July 20, 2017 | 00:59

The company was maintained on Thursday, February 9 by HSBC. Peel Hunt reaffirmed a buy rating on shares of ASOS plc in a research note on Friday, June 9th. Northcoast Asset Ltd Com accumulated 3,343 shares or 0.03% of the stock. The Pictet North America Advisors Sa holds 272,877 shares with $7.46 million value, down from 287,577 last quarter.

by | July 20, 2017 | 00:54

I don't take additional pressure. Mine will be a refresh button that will be pushed and I carry on from where I left. It will be a big test for the coach captain duo in their first task. "That's something that I have focused on in the last couple of months and I continue to do so, lot of speculation and things fly around - those things are not in my control".

by | July 19, 2017 | 00:42

The National Collegiate Student Loan Trusts , one of the largest owners of private student loans in the United States, is at the center of a legal dispute over at least $5 billion in loans, the New York Times reported on Monday. The student loans held by National Collegiate were made "more than a decade ago by dozens of different banks, then bundled together by a financing company and sold to investors through a process known as securitization", and they weren't guaranteed by the federal ...

by | July 18, 2017 | 00:40

In fact, just days after Amazon filed the trademarks, Blue Apron's stocks plummeted , falling by at least 10 percent (though any correlation is purely speculative). "We live to eat", the tagline for its already-in-circulation line of snack foods called Wickedly Prime . Like many other internet startups, Blue Apron also has a history of financial losses, and it is unclear whether it can continue adding enough customers to drive growth.

by | July 17, 2017 | 20:44

It appears that Delta didn't know Coulter was upset until she started tweeting . Coulter unleashed a flood towards the airline after she had to move from a seat (with extra leg room ) that she had pre-booked to another seat in the same row.

by | July 17, 2017 | 20:41

China is targeting annual economic growth of around 6.5 percent this year, down from the 6.7 percent pace clocked in 2016 - the slowest in 26 years. "Generally speaking, the national economy has maintained the momentum of steady and sound development in the first half of 2017, laying a solid foundation for achieving the annual target and better performance".

by | July 16, 2017 | 01:04

O'Brien, while speaking to the media, said the government didn't give the Opposition the answers it was looking for. "India's current actions have not only encroached on China's territorial sovereignty, but also impaired the independence of Bhutan, one of the world's smallest countries, which is closely allied with India", the Xinhua commentary said.

by | July 15, 2017 | 00:47

San Francisco-based Wells Fargo plunged 1.9 percent in pre-market trading. Its last month's stock price volatility remained 6% which for the week approaches 6.75%. Lincoln Natl holds 15,532 shares or 0.05% of its portfolio. Balyasny Asset Management Ltd holds 0.69% or 2.33M shares in its portfolio. Ar Asset Management Inc invested in 5,300 shares.