Economy

by | December 06, 2017 | 16:10

Despite higher household income, household consumption was weak at 0.1 per cent, in line with the retail trade estimates. The Australian dollar has dropped sharply on the result, from 76.13 U.S. Households, however, delivered only a small amount of growth in a sign of the struggles some families are having on the back of low wages growth. It was the best performance for WA since the June quarter of 2014.

by | December 06, 2017 | 14:13

Shareholders will vote on the deal next year and Intu have already secured 50 per cent of investor support for it. Hammerson owns shopping centres like the Bullring in Birmingham, Bicester Village, Cabot Circus in Bristol, Victoria Gate in Leeds, and Brent Cross in London.

by | December 06, 2017 | 14:38

L&G said the roughly one million life insurance policies held in its Mature Savings business were being taken over by Swiss Re's ReAssure division, a life and pensions business that manages closed and non-core in-force portfolios. Today's sale is the second major offloading of life business by Legal & General this year, after its sale in April of Legal & General Nederland Levensversekering to Chesnara, in a deal worth €161m ($190m).

by | December 06, 2017 | 12:37

Martin Jooste announced his resignation with immediate effect late last night, as the company announced that "new information has come to light" relating to "accounting irregularities requiring further investigation". Dr Wiese and the Board will supplement the management team and will embark on a detailed review of all aspects of the Company's business with a view to maximising shareholder value.

by | December 06, 2017 | 13:35

The regular trading started at $1.44 but as the trading evolved, the stock escalated, finishing the session with a gain of 6.25%. About 332,620 shares traded. Camarda Financial Advisors Llc owns 39,759 shares or 0.69% of their U.S. portfolio. Laurion Capital Management Limited Partnership owns 4,654 shares.

by | December 06, 2017 | 10:56

A lot has been said for and against this since Sunday and Gautam Gambhir added his take to all of this, taking a dig at the political leadership as he highlighted the Air Quality Index "scorecard". 'We had players coming off the field and vomiting,' he told reporters after the match. "Are people of Delhi supposed to bear this?" the bench said.

by | December 06, 2017 | 09:55

The rating was maintained by UBS with "Neutral" on Thursday, August 4. The firm earned "Neutral" rating on Thursday, March 17 by Credit Suisse. The stock has "Outperform" rating by Macquarie Research on Monday, April 24. Scotiabank set a $33.00 price objective on Enterprise Products Partners and gave the company a "buy" rating in a research note on Friday, July 21st. With 7,800 avg volume, 0 days are for MYREXIS INCORPORATED CMN STOCK (OTCMKTS:MYRX)'s short sellers to cover MYRX's short ...

by | December 06, 2017 | 09:10

It has underperformed by 8.78% the S&P500. Perceptive Advisors Llc increased Quotient Ltd (QTNT) stake by 27.3% reported in 2017Q2 SEC filing. Cubic Asset Management LLC now owns 28,495 shares of the auto manufacturer's stock valued at $995,000 after purchasing an additional 235 shares during the last quarter.

by | December 06, 2017 | 10:36

The return on assets (ROA) (aka return on total assets, return on average assets), is one of the most widely used profitability ratios because it is related to both profit margin and asset turnover, and shows the rate of return for both creditors and investors of the company.

by | December 06, 2017 | 10:31

Global traffic for North American carriers grew 3.7% during the month (compared to 3% in September ) as worldwide capacity in the region grew 5.2%, causing the region's worldwide load factor to slide 1.1 points YOY to 79.2%. Inbound travel to the USA seems to be deterred by the additional security measures now involved with travelling to that country. This was a marked slowdown from the 10.6% growth in demand in September, however it was still above the five year average of 9.0%.

by | December 06, 2017 | 10:25

Mcdonald's Corp. now has $138.45B valuation. The stock increased 1.73% or $2.96 during the last trading session, reaching $173.61. The stock has been recently separated from the 50-day moving average by 3.61%. Baird with "Neutral". Cowen & Co has "Market Perform" rating and $125 target. Gould Asset Limited Liability Corp Ca stated it has 1.05% in McDonald's Corporation (NYSE:MCD).

by | December 06, 2017 | 10:14

It's the latest example of Amazon flexing its delivery clout around the holidays to win procrastinating shoppers, especially critical this year because Christmas Day falls on a Monday. Speaking to The Straits Times in a phone interview on Tuesday, Amazon Prime International's vice-president Jamil Ghani said that more benefits will be added over time for Prime membership in Singapore.

by | December 06, 2017 | 09:16

AT Bancorp now owns 31,103 shares of the insurance provider's stock worth $1,634,000 after buying an additional 418 shares in the last quarter. The firm has "Hold" rating given on Thursday, March 30 by Wells Fargo. The Hartford Financial Services Group, Inc ., through its subsidiaries, provides insurance and financial services to individual and business clients in the United States.

by | December 06, 2017 | 09:45

It has underperformed by 25.78% the S&P500. Stanley has 75,261 shares for 2.17% of their portfolio. The stock's price to sales ratio for trailing twelve months is 3.03 and price to book ratio for the most recent quarter is 4.10, whereas price to cash per share for the most recent quarter are 41.61.

by | December 06, 2017 | 09:58

Australia's economy expanded at the fastest annual pace in over a year last quarter thanks to a long-awaited jump in business investment, though marked weakness in household spending cast a cloud over the outlook for growth. "We believe it will", said Paul Dales, chief economist at Capital Economics. This weak household spending combined with growth in household income resulted in an increase in the household saving ratio for the first time in five quarters.

by | December 06, 2017 | 07:47

The company has market cap of $392.59 million. About 387,697 shares traded. AutoZone also bought back 597,000 shares of its common stock for $353 million during the quarter. 3,147 are held by Snyder Mngmt Limited Partnership. Suntrust Banks Incorporated invested in 745 shares. These holdings make up 59.51% of the company's outstanding shares.

by | December 06, 2017 | 07:45

Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock was sold at an average price of C$94.81, for a total transaction of C$189,620.00. Bank of Montreal raised its quarterly dividend as it reported its fourth-quarter profit slipped compared with a year ago, hurt by reinsurance claims related to hurricanes Irma, Maria and Harvey.

by | December 06, 2017 | 04:30

Experts said average earners could expect to see their income in retirement at around 29 per cent of what they were bringing home when working. The average so-called "net replacement rate" for the 35 countries is 63 per cent. "This report emphasises the importance of maintaining incentives to save and ensuring people have confidence that the rug won't be pulled from under their feet by politicians prioritising short-term cash generation over long-term policymaking".

by | December 06, 2017 | 02:16

Activity in the US service sector grew at a slower than expected rate in the month of November, the Institute for Supply Management revealed in a report released on Tuesday. On the inflation front, the report said the prices index fell to 60.7 in November from 62.7 in October but still suggested price growth. The report compares with a smaller drop in the ISM's latest factory survey, which showed manufacturing expanded at a healthy pace in November amid a burst of production and rising ...

by | December 06, 2017 | 00:38

It was reported on Dec, 5 by Finviz.com. Teachers Advisors LLC now owns 272,621 shares of the oil and gas exploration company's stock valued at $7,933,000 after buying an additional 16,281 shares in the last quarter. Clark Estates New York holds 0.51% or 124,000 shares. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

by | December 06, 2017 | 00:54

The stock of Westlake Chemical Corporation (NYSE: WLK ) is a huge mover today! The stock decreased 0.83% or $0.15 during the last trading session, reaching $17.9. In other news, SVP George J. Mangieri sold 13,381 shares of the business's stock in a transaction that occurred on Monday, November 13th. On Wednesday, November 8 the stock rating was maintained by Bank of America with "Neutral".

by | December 06, 2017 | 00:23

Jpmorgan Chase & Co now has $371.94B valuation. The company saw 2.74 million shares trade hands over the course of the day. 573.75 million shares or 3.06% less from 591.88 million shares in 2017Q1 were reported. Cornerstone Capital Mngmt Llc owns 37,670 shares. Kessler Inv Grp Inc Limited Liability Corporation stated it has 20,184 shares or 0.71% of all its holdings.

by | December 06, 2017 | 01:20

The OTC listed company saw a recent bid of $0.0006 and 3939000 shares have traded hands in the session. After a recent check, American Eagle Outfitters, Inc . It has a 16.74 P/E ratio. Several other institutional investors have also bought shares of the company. Its down 0.12, from 1.17 in 2017Q1. Sally Beauty Holdings, Inc.

by | December 06, 2017 | 00:45

It has outperformed by 33.43% the S&P500. The stock of Comcast Corporation (NASDAQ: CMCSA ) earned "Outperform" rating by RBC Capital Markets on Tuesday, January 31. Macquarie Research has "Neutral" rating and $61.0 target. Finally, KeyCorp reiterated a "neutral" rating on shares of Comcast in a research report on Sunday, September 17th.

by | December 05, 2017 | 23:56

It has outperformed by 14.75% the S&P500. Motley Fool Wealth Management Llc decreased Apple Inc (AAPL) stake by 2.77% reported in 2017Q2 SEC filing. Deutsche Bank maintained the shares of UNP in report on Monday, October 12 with "Buy" rating . Canaccord Genuity maintained Apple Inc. On Sunday, November 12 the stock rating was maintained by Keefe Bruyette & Woods with "Hold".

by | December 05, 2017 | 23:36

Minister of transportation Stephen Del Duca and minister of tourism Eleanor McMahon were in Toronto to announce the recipients of the Ontario Municipal Commuter Cycling Program and the increase in the program's funding for next year. The province is investing $93 million this year, more than doubling the initial $42.5 million announced earlier this year. "Cycling infrastructure and expansion of the Bike Share program will encourage people to cycle more often, improve safety and provide more ...

by | December 05, 2017 | 23:34

Toll Brothers, Inc . has a beta of 2.17, offering the possibility of a higher rate of return, but also posing more risk. The homebuilder, which typically sells luxury homes that can cost upwards of $1 million, earlier this year introduced a new line of homes with lower prices and quicker delivery times to cater to millennial who are starting families.

by | December 05, 2017 | 22:53

The company will need to run a wireless business covering a significant amount of the U.S.by 2020 to meet federal obligations, or it could lose the spectrum licenses. He left the CEO post in 2011 then reclaimed the position in 2015. Sling TV doesn't disclose how many paying customers it has, though several analysts estimate the service has well over 1 million.

by | December 05, 2017 | 23:59

Considering that the stock current volume of 3.58 million shares, this represents a pretty noteworthy shoot in volume. First Quadrant L P CA increased its holdings in shares of Synchrony Financial by 55.4% in the second quarter. Bank of America cut shares of Synchrony Financial from a buy rating to a neutral rating and dropped their target price for the company from $35.00 to $33.00 in a research report on Friday, October 6th.

by | December 05, 2017 | 22:48

The company had a trading volume of 2,735,016 shares, compared to its average volume of 1,861,074. It has outperformed by 13.73% the S&P500. PTLF's SI was 200 shares in December as released by FINRA. Delphi Automotive PLC has an annual performance rate of 60.86% *. Therefore 60% are positive. Delphi Automotive LLP had 70 analyst reports since July 31, 2015 according to SRatingsIntel.

by | December 05, 2017 | 23:20

The company's stock had a trading volume of 1,587,080 shares, compared to its average volume of 1,602,580. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since December 3, 2016 and is downtrending. Therefore 47% are positive. K2M Group Holdings had 28 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Diamondback Energy, Inc.

by | December 05, 2017 | 23:40

It plans to add wine deliveries in January and to expand its beer and wine delivery test to other markets in 2018, one of several steps aimed at reviving lackluster sales. Over the summer, the chain announced plans to hire 14,000 new drivers by the end of the year. Customers also have to have their IDs ready at the door to take advantage of delivery.

by | December 05, 2017 | 22:00

The Concorde , flown by British Airways and Air France, retired in 2003 after nearly three decades in service as customers abandoned the jets amid hefty operating costs. Virgin Atlantic is among airlines to have placed pre-orders with Boom, 14 years after the final flight of the Concorde, to date the world's fastest passenger airplane.

by | December 05, 2017 | 21:27

The stock increased 2.94% or $0.14 during the last trading session, reaching $4.91. The volume of 29.24 Million shares climbed up over an trading activity of 19.69 Million shares. (NASDAQ: CSCO ) on Thursday, August 18 with "Overweight" rating. Finally, Cowen reaffirmed a "buy" rating on shares of Cisco Systems in a research report on Friday, November 17th.

by | December 05, 2017 | 22:01

Sanofi (NYSE:SNY) has risen 26.96% since December 3, 2016 and is uptrending. (NYSE: BKS ) rating on Monday, July 27. It has underperformed by 55.20% the S&P500. The company was initiated on Monday, July 27 by Craig Hallum. Sanofi-aventis Sa had 20 analyst reports since October 15, 2015 according to SRatingsIntel.