Business

Caterpillar, 3M earnings spark surging Dow to record high

Caterpillar, 3M earnings spark surging Dow to record high

Also boosting the Dow was 3M, the industrial giant whose products include Scotch tape and Post-It notes. At 1630 BST, the Dow Jones Industrial Average was standing 0.82% or 191.85 points higher at 2...

by · Business

Could Cisco Systems, Inc. (CSCO) Go Down After Touching 52-Week High?

It has underperformed by 3.50% the S&P500. Barclays Plc increased its stake in Cisco Sys Inc ( CSCO ) by 693.55% based on its latest 2017Q2 regulatory filing with the SEC. The rating was maintained ...

by · Business

Philip Morris International Inc

About 6 shares traded. About shares traded. Celanese Corporation (NYSE:CE) has risen 21.48% since October 24, 2016 and is uptrending. It has outperformed by 29.75% the S&P500. Quantitative Systematic ...

by · Business
Eldorado Gold Corporation Ordin (NYSE:EGO) Sees Price Swing - Down by 4.52%

Eldorado Gold Corporation Ordin (NYSE:EGO) Sees Price Swing - Down by 4.52%

Eldorado Gold Corporation Ordin (NYSE:EGO) last traded at $1.48 with a low of $1.48 and high of $1.63. Finally, Vanguard Group Inc. lifted its stake in Eldorado Gold Corporation by 4.1% during the fir...

by · Business
Amazon Wine to close

Amazon Wine to close

The announcement comes almost two months after Amazon closed its $13.7 billion deal to acquire Whole Foods Markets - by far Amazon's biggest acquisition. There's a clear incentive for large enterpri...

by · Business
Taco Bell Tests New Kit Kat Quesadilla

Taco Bell Tests New Kit Kat Quesadilla

But even if you live nowhere near a Wisconsin Taco Bell , the upside is this: It's pretty much just candy in a tortilla. A representative for Taco Bell confirmed to Mashable that it's been test...

by · Business
Chipotle's Q3 Results Fall Short of Expectations

Chipotle's Q3 Results Fall Short of Expectations

Nationwide Fund Advisors invested in 0.01% or 8,077 shares. Vgi Partners Pty Ltd increased Chipotle Mexican Grill Inc ( CMG ) stake by 34.89% reported in 2017Q2 SEC filing. On Wednesday, April 27 ...

by · Business

Kimberly-Clark Corporation (KMB): Will The Growth Last?

The stock declined 0.06% or $0.01 reaching $18.11 per share. The volume of KMB witnessed a shift from 4.56 million shares, based on a 50-day average, to 1.64 million shares. Nuveen Asset Mngmt Limit...

by · Business
Advanced Micro Devices, Inc. (AMD) Q3 2017 Earnings Beat

Advanced Micro Devices, Inc. (AMD) Q3 2017 Earnings Beat

The SI to Vivus Incorporated's float is 5.73%. It has underperformed by 22.64% the S&P500. VIVUS, Inc.is a biopharmaceutical company. The company operates in the Technology sector with a market capi...

by · Business
VW scores approval to fix 38000 diesel SUVs

VW scores approval to fix 38000 diesel SUVs

Federal and state officials have approved a fix for 38,000 Volkswagen, Audi and Porsche sport utility vehicles with diesel engines that were cheating on emissions tests. Regulators have approved a...

by · Business
Lockheed Martin sales, profit miss Wall St estimates

Lockheed Martin sales, profit miss Wall St estimates

Tide Point Capital Management Lp decreased Caterpillar Inc Del (NYSE:CAT) stake by 210,945 shares to 735,756 valued at $79.06M in 2017Q2. Since May 1, 2017, it had 0 buys, and 15 insider sales for $...

by · Business

Alpha Cubed Investments LLC Acquires 27805 Shares of Verizon Communications Inc. (VZ)

Other equities analysts also recently issued reports about the stock. The Advent Capital Management holds 165,000 shares with $7.37M value, up from 125,000 last quarter. (NYSE:VZ) on Tuesday, May 30. ...

by · Business
Whitbread upbeat despite Costa profits going cold

Whitbread upbeat despite Costa profits going cold

While Whitbread's profit before tax has been £316m for the six months upto 31 August, Britain's largest coffee chain Costa has cited higher staff costs and business rates as reasons for its profit...

by · Business
American officials investigating after Air Canada flight lands without approval

American officials investigating after Air Canada flight lands without approval

We've reached out to Air Canada for further comment, and will update as soon as they provide further information. Air Canada Flight 781 from Montreal was six miles away from SFO when air traffic con...

by · Business

FCA probes Equifax over cyber attack

The Atlanta-based company has been subject to probes around the world since it disclosed in September that a hack had exposed the data in one of the biggest cyberattacks in history. The Financial Con...

by · Business
End Of An Era As Sears Stops Selling Whirlpool Products

End Of An Era As Sears Stops Selling Whirlpool Products

Sears also acquired a stake in the company in the same year. Overall, he said Sears only accounts for about 3 percent of Whirlpool's global business - a "small fraction" when compared to other sourc...

by · Business
Small Montana Company Wins Big Contract To Rebuild Puerto Rico's Power Grid

Small Montana Company Wins Big Contract To Rebuild Puerto Rico's Power Grid

Whitefish Energy has since hired 280 linemen and other contract workers in Puerto Rico to fix a power grid of 2,400 transmission lines, 30,000 miles of distribution lines and 300 substations, compa...

by · Business
Fiat Chrysler Posts $1.1 Billion Q3 Net Income

Fiat Chrysler Posts $1.1 Billion Q3 Net Income

The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.17. Dividends are mostly given in terms of cash payments, property or as share...

by · Business
HBC sells Lord & Taylor flagship store in NYC to WeWork for $1B

HBC sells Lord & Taylor flagship store in NYC to WeWork for $1B

In addition, Rhône Capital, which partnered with WeWork in a real estate investment fund previous year, will make a US$500 million equity investment in HBC . HBC has faced pressure from an activist i...

by · Business
Caterpillar Inc.: Cat Financial Announces Third-Quarter 2017 Results

Caterpillar Inc.: Cat Financial Announces Third-Quarter 2017 Results

Bulls tilted toward the blue chips early Tuesday, as seven stocks in the Dow Jones industrial average rose 0.8% or more. After $1.49 actual EPS reported by Caterpillar Inc . (NYSE: CAT ) recently. ...

by · Business
Meeder Asset Management Inc. Boosts Position in Simon Property Group, Inc. (SPG)

Meeder Asset Management Inc. Boosts Position in Simon Property Group, Inc. (SPG)

Each brokerage firm has its own way of rating that may make it hard to compare broker recommendations between the brokerage houses. The stock of Exelon Corporation (NYSE:EXC) earned "Sector Perform" r...

by · Business
German Automakers Targeted in Collusion Query

German Automakers Targeted in Collusion Query

Daimler faced a billion-euro fine from Brussels over a truck cartel previous year, while VW-owned competitor MAN received immunity for tipping off the Commission about high-level collusion between Eur...

by · Business
Infosys Q2 net up 3.3% to Rs 3726 cr; cuts revenue forecast

Infosys Q2 net up 3.3% to Rs 3726 cr; cuts revenue forecast

The company said its revenues were Rs. 17,567 crore for the quarter ended September 30, 2017. Analysts on average had expected a net profit of Rs3,523 crore, according to Thomson Reuters data. In ...

by · Business

Eli Lilly & Co Receives a Hold from Leerink Swann

Eli Lilly and Co ( NYSE : LLY ) has risen 4.70% since October 24, 2016 and is uptrending. On October 4, 2017, Endowment Inc Lilly executed a direct sell involving 205000 shares. More notable recent El...

by · Business
San Francisco startup CEO charged with attempted murder, sexual abuse

San Francisco startup CEO charged with attempted murder, sexual abuse

He is now being held in San Mateo County Jail. The company confirms that the new CEO is Rick Tallman, who was previously COO and CFO of Vungle . Initially, he was also charged with attempt to murd...

by · Business
McDonald's Corporation (MCD) Q3 Earnings Mixed Despite Strong Comps Growth

McDonald's Corporation (MCD) Q3 Earnings Mixed Despite Strong Comps Growth

Sales at USA restaurants open at least 13 months rose 4.1 percent, above the 3.4 percent growth expected on average by analysts polled by research firm Consensus Metrix. During the latest quarter, Mc...

by · Business
GST collections at Rs 92150 cr in Sept

GST collections at Rs 92150 cr in Sept

In a relief to GST taxpayers, the government on Tuesday waived the penalty for filing late returns for the months of August and September, and the money already paid as penalty will be credited back t...

by · Business
Call for probe into teacher death in Kenya

Call for probe into teacher death in Kenya

Gabrielle Maina was shot in the exclusive suburb of Karen last Thursday during what was initially believed to be a botched robbery involving assailants on motorbikes. 'She was returning home after dro...

by · Business
Shares in T-Mobile US, Inc. (TMUS) Purchased by WINTON GROUP Ltd

Shares in T-Mobile US, Inc. (TMUS) Purchased by WINTON GROUP Ltd

T-Mobile US, Inc. (NASDAQ: TMUS ) announced its quarterly earnings data on Monday. Instead, T-Mobile boss John Legere published a video message highlighting the company's third quarter financials. (Th...

by · Business

Understanding the Latest Financial Performance of PayPal Holdings, Inc. (NASDAQ:PYPL)

In analysts report shared with investors this morning, Wells Fargo reconfirmed their Market Perform rating on PayPal Holdings (NASDAQ:PYPL) shares. In terms of performance, shares of PayPal Holdings...

by · Business