Monday, 24 April 2017
Latest news
Home » Finance


Integrated Device Technology Inc (IDTI) SVP Sells $65777.14 in Stock


Kla now has $15.94 billion valuation. Autus Asset Management LLC now owns 56,880 shares of the semiconductor company's stock worth $1,314,000 after buying an additional 4,475 shares during the period. Needham & Company LLC reiterated their buy rating on shares of Integrated Device Technology, Inc . (IDTI) has been given an average price target of $28.17 from analysts, according to data collected by Finviz. Read More »

'We may be at an all time low' with Russian Federation


Yesterday morning, a conference call with members of the press, including The Pavlovic Today, discussed the upcoming meeting between President Trump and NATO Sec. "I don't remember a case of a dictator being removed smoothly without violence", said Lavrov, lamenting past efforts to remove Slobodan Milosevic from Serbia, Saddam Hussein from Iraq, and Moammar Gadhafi from Libya. Read More »

General Motors stops business in Venezuela


Maduro has been mounting as the economic crisis has left the country torn between die-hard "Chavistas" (leftist supporters of the former President) and an increasingly outraged majority no longer willing to forgive the socialists' excesses in return for government handouts. Read More »

UK Parliament Votes On Snap Election In Brexit's Shadow


Tomorrow he'll make his first big election speech, his first big chance to recast that argument. That represented a third consecutive General Election victory in Weston for the Conservative candidate, and he is hoping for a similar result in June. Read More »

Questions abound in aftermath of National Football League star Hernandez's death


He says in part, "There were no conversations or correspondence from Aaron to his family or legal team that would have indicated anything like this was possible". According to the Massachusetts Department of Correction, a corrections officer found Hernandez hanged in his cell just after 3 a.m. ET. The 27-year-old was housed in the general population unit of the Souza-Baranowski Correctional Center in Shirley. Read More »

Mallya arrested in United Kingdom by Scotland Yard, gets bail


Mallya has repeatedly denied the accusations of fraud and corruption, saying in January that "not one rupee was misused", and adding today that the developments were, "Usual Indian media hype". Asked about bringing other offenders to India, he said it is in process. In September, Mallya had said he wanted to return but is unable to as his passport has been revoked by Indian authorities, according to PTI. Read More »

Le Pen loses ground to Macron in French election race

Communist-backed Jean-Luc Melenchon said he wouldn't cede to "panic" and will continue with his plans for the day. No campaigning is allowed on Saturday - a French tradition of a quiet election eve. U.S. President Donald Trump said on Twitter that the shooting would influence the French election. The prime minister said the government has reviewed its already extensive election security measures and says it is "fully mobilized" for Sunday's vote. Read More »

Apparel retailer Bebe Stores says to shut all stores


Bloomberg reported last month that Bebe was planning to shut stores and seek a turnaround as an online brand to avoid filing for bankruptcy. Bebe noted that it might incur a loss in connection with this sale of its merchandise and inventory, but is unable to now determine the loss. Read More »

In his own words: Text of Trump's latest complaints about Canadian trade


Canadian Prime Minister Justin Trudeau maintained in an interview Thursday with Bloomberg Television that Canada's trade policies are not unusual, saying every nation defends its agricultural industries. (In fact, it's not considered a type of milk at all, but rather an ingredient.) That left Canadian farmers unprotected against imports. Dumontier says it was intentionally created to get around those tariffs. Read More »

Hammond says 2015 tax promises hamper government


I have no ideological desire to to raise taxes", he said. The chancellor said he didn't come into politics to "increase taxes". U.K. Chancellor of the Exchequer Philip Hammond signaled the Conservative Party will drop a pledge not to raise taxes as he said it has constrained the government from managing the economy "sensibly". Read More »

BIR files P 38M tax evasion case vs. actor Richard Gutierrez


THE Bureau of Internal Revenue (BIR) has slapped P38.57 million tax evasion cases against actor Richard Gutierrez and his production company, R Gutz Production Corp. In reply to BIR's request to GMA network to validate the information, the television network informed the tax agency that its purchases to the R Gutz amounted to P624,052.29 and P39.3 million. Read More »

Does Cadence Design Systems Inc. (CDNS)'s current closing price competes the market?

Cadence Design Systems, Inc. had its " rating reiterated by analysts at RBC Capital. BlackRock Inc. increased its position in shares of Cadence Design Systems by 2.2% in the third quarter. Following the sale, the insider now directly owns 313,381 shares of the company's stock, valued at approximately $9,774,353.39. The sale was disclosed in a filing with the SEC, which is available at this link . Read More »

Visa's adjusted profit soars 27%


All major geographic divisions of Visa reported greater usage of Visa's products in the quarter. The company's service revenues increased 17% to $2 billion, data processing revenues rose 25% to $1.8 billion, worldwide transactions revenues went up 41% to $1.5 billion, and other revenues jumped 3% $203 million. Read More »

Andhra Pradesh: 20 killed as truck rams into shops in Chittoor district


The driver and cleaner of the truck have been arrested. The truck came to a halt after destroying several vehicles and roadside shops, which were gutted in a fire that broke out in one of the shops due to impact of the accident. Meanwhile, Rs five lakh ex-gratia was announced by the state cabinet and CM directed both ministers - P Narayana and N Amarnath Reddy - to leave the cabinet meeting and reach the spot to support the victims. Read More »

USA existing home sales surge 4.4% in March


Sales were up 4.4% to a seasonally-adjusted annual rate of 5.71m from a downwardly-revised 5.4m in February. Economists polled by Reuters had forecast sales increasing 2.5 percent to a pace of 5.60 million units in March. The Ohio Association of Realtors , which released the monthly snapshot report Friday, said the housing market experienced its best March in at least 19 years, dating back to when the trade group first started tracking data. Read More »

Naira firms against the Dollar


The Central Bank of Nigeria (CBN) on 19 April 2017, carried out wholesale interventions in the interbank Forex market by offering a total sum of $100 million to authorized dealers to meet the 7 to 15 day forwards requests of customers. It was 520 to the dollar on the black market in February after the bank devalued the naira for retail customers to 375. February's partial devaluation effectively created multiple exchange rates in Africa's biggest economy. Read More »

International Business Machines Corp. (IBM) Stock Rating Reaffirmed by Morgan Stanley


Following the sale, the insider now directly owns 20,952 shares in the company, valued at $3,754,179.36. Hemenway Trust Co LLC acquired a new position in International Business Machines Corp. As per the consensus estimate, the company's year-on-year revenue growth is expected to be at -2.22% during the period. On average, analysts anticipate that International Business Machines Corp. Read More »

Are You Familiar with Analyst's Ratings? Eastman Chemical Company's (EMN)


Ameriprise Financial Inc. raised its position in shares of Eastman Chemical Company by 0.6% in the third quarter. Evercore Wealth Management LLC raised its position in Eastman Chemical Company by 0.3% in the second quarter. Zacks Investment Research downgraded Dow Chemical from a "buy" rating to a "hold" rating in a research note on Thursday. Zacks Investment Research upgraded Eastman Chemical Company from a "hold" rating to a "buy" rating and set a $86.00 price target on the stock in a ... Read More »

Sealed Air Corp (SEE) Rating Reiterated by Jefferies Group LLC

Two analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. A number of other research firms have also recently commented on SEE. Stockholders of record on Monday, March 20th were given a dividend of $0.075 per share. Read More »

Ebay's Revenue Rises 3.7%


Shares of eBay Wednesday at $33.85, with a consensus analyst price target of $34.91 and a 52-week trading range of $22.30 to $34.74. To lure more shoppers and better compete with Amazon as well as traditional retailers, the company has made several changes to its platform. Read More »

Brokerages Set Standard Chartered PLC (STAN) Target Price at $666.84


Bank of America Corp raised shares of Standard Chartered PLC to a "buy" rating and set a GBX 900 ($11.18) target price for the company in a research note on Tuesday, January 17th. Over 12 months Shire Plc's share price has increased from 4221.96 to 4546, a change of 7.68%. This represents a dividend yield of 1.92%. TRADEMARK VIOLATION NOTICE: This news story was originally posted by BBNS and is owned by of BBNS. Read More »

Pioneer Natural Resources Company (NYSE:PXD) Under Analyst Spotlight


Another trade for 2,000 shares valued at $50,000 was sold by Yoo K. Phil . It has underperformed by 9.89% the S&P500. Citadel reported 74,895 shares or 0% of all its holdings. The stock of Pioneer Natural Resources (NYSE:PXD) has "Outperform" rating given on Friday, August 7 by Credit Suisse. The Company has 170.18 million shares outstanding and 168.88 million shares were floated in market. Read More »

Internet Providers Must Treat All Web Traffic Equally — CRTC


After assessing Videotron's Unlimited Music Service under the new framework, the CRTC found that the company is giving an undue preference to certain consumers and music streaming services, while subjecting other consumers and content providers to an unreasonable disadvantage. Read More »