Economy

Novavax , Inc. on 6/29/2017 reported its EPS as $-0.24 with the analysts projecting the EPS of the stock as $-0.26. (NASDAQ:NVAX) from a sell rating to a hold rating in a research note published on Monday. The legal version of this story can be viewed at https://theolympiareport.com/2017/08/17/chardan-capital-reiterates-neutral-rating-for-novavax-inc-nvax-updated-updated.html.
  • Why This Is the Best Quarter Applied Materials Has Ever Had

    Why This Is the Best Quarter Applied Materials Has Ever Had

    Economy

    The company now has an average rating of "Buy" and a consensus price target of $45.28. Royal Bank Of Canada reaffirmed a hold rating and set a $35.00 price target on shares of Applied Materials in a report on Tuesday, April 25th. Revenue from Applied Materials' display business - which makes displays for televisions, PCs and smartphones - rose almost 31 percent to $410 million beating estimates of $402.4 million, according to FactSet.
  • The Case for and Against Viacom, Inc. (VIAB)

    Economy

    JFS Wealth Advisors LLC's holdings in Viacom were worth $159,000 as of its most recent SEC filing. Other large investors have also modified their holdings of the company. The company had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.29 billion. Viacom had a return on equity of 30.89% and a net margin of 11.04%.
  • Zacks Investment Research Upgrades Rayonier Advanced Materials Inc

    Economy

    Finally, MARSHALL WACE ASIA Ltd acquired a new position in Rayonier Advanced Materials during the first quarter valued at $198,000. The good news is there's still room for Rayonier Advanced Materials Inc . State Street Corp increased its stake in shares of Rayonier Advanced Materials by 8.8% in the fourth quarter. Next quarter's EPS is forecasted at $0.23 and the next full year EPS is anticipated to be $0.90.
  • RBI Announced New Rs 50/- Note Photos Look Here

    Economy

    Meanwhile the old Rs 50 notes in circulation will continue to be legal tender. Govt said new smaller denomination notes would be infused gradually. The notes are pale turquoise in color and it has Mahatma Gandhi series 2005. The note has micro letters "RBI" , "भारत", "INDIA" and "50". Economic Affairs Secretary Shaktikanta Das confirmed the same earlier in the year and quashed rumours about a new ₹1000 note.
  • Retailer Argos failed to pay £1.4m of NMW

    Retailer Argos failed to pay £1.4m of NMW

    Economy

    More than 13,000 low-paid workers employed by 233 different business will be handed around £2 million in back pay after government investigations named firms not offering a national minimum wage or a living wage. Recruitment organisation Pearson Anderson is second on the government's non-compliance list for failing to pay 169 staff a total of £49,800.41, and hairdressing business Fusion Hairdesign is next for its failure to pay £24,352.90 to six employees.
  • Cisco Systems, Inc. (CSCO) recently sold by insider Jacoby Rebecca

    Cisco Systems, Inc. (CSCO) recently sold by insider Jacoby Rebecca

    Economy

    Illumina, Inc. (NASDAQ:ILMN) has risen 28.24% since August 18, 2016 and is uptrending. It has underperformed by 0.51% the S&P500. Davy Asset Management Ltd decreased Cisco Systems ( CSCO ) stake by 40.23% reported in 2016Q4 SEC filing. Out of 3 Wall Street analysts rating Genesco, 2 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". Therefore 33% are positive. Analysts forecast that Cisco Systems will post $2.45 EPS for the current fiscal year.
  • Energy Capital Partners Snaps up Calpine for $5.6 Billion

    Energy Capital Partners Snaps up Calpine for $5.6 Billion

    Economy

    Shares of Calpine Corporation are presently 59.25% off the 52 week low. It has underperformed by 22.07% the S&P500. Toronto Dominion Bank Ont (NYSE:TD) had an increase of 8.25% in short interest. The company was maintained on Sunday, July 23 by RBC Capital Markets. Deutsche Bank maintained Calpine Corporation (NYSE:CPN) rating on Friday, July 31.
  • IndiGo denies massive cancellation of flight operations

    IndiGo denies massive cancellation of flight operations

    Economy

    Last week, aviation regulator Directorate General of Civil Aviation (DGCA) had expressed concern over grounding of A320 Neo aircraft of IndiGo and GoAir due to engine-related issues. "While we do receive certain compensation from Pratt & Whitney for these groundings, the operational disruptions are quite challenging and we are not happy with that situation".
  • Police say death toll in Barcelona now at 13

    Economy

    TV3 reported the house blast, in the village of Alcanar Platja, also injured seven people, including some foreigners from France , Italy and Morocco. The authorities were still searching for the driver of the van. Six innocent bystanders were caught up in the attack, one person is in a critical condition, according to the BBC .
  • Spain terror attacks: Five suspects 'wearing explosive belts' shot dead in Cambrils

    Spain terror attacks: Five suspects 'wearing explosive belts' shot dead in Cambrils

    Economy

    A van rammed into the crowds in Barcelona which killed more than a dozen and injured many. Spanish officials have said 13 people have died with at least 100 injured after a van ploughed into pedestrians. However, it has since become clear that the belts were in fact fake. Two people have been arrested, but police say neither was the driver. Authorities said of the 80 people taken to hospitals, 15 were seriously hurt in attack.
  • United States electronic voting firm exposes 1.8 million Chicago voter records

    United States electronic voting firm exposes 1.8 million Chicago voter records

    Economy

    It was said that the FBI started an investigation, as well, "to perform thorough forensic analyses of the AWS server ". A corporate blog from UpGuard announcing the find Thursday praised both for quickly responding to the problem. "The expense for that is going to be borne by ES&S", Allen said. The firm is also now reviewing all procedures and protocols, including those of its vendors, to make sure that its systems and data are secured and prevent any similar incidents in the future.
  • (HIBB) Reaches New 1-Year Low at $12.20

    (HIBB) Reaches New 1-Year Low at $12.20

    Economy

    The firm earned "Neutral" rating on Monday, January 30 by Goldman Sachs. It tells an investor how quickly a company is increasing its revenues. Its down 0.05, from 0.85 in 2016Q3. Hibbett Sports, Inc . operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States.
  • CEOs Cut Ties With Trump

    CEOs Cut Ties With Trump

    Economy

    Intel Corp. CEO Brian Krzanich stated that he resigned from US President Donald Trump's American Manufacturing Council to call attention to the serious harm divided political climate over violent nationalist riots in Virginia's Charlottesville .
  • Heineken-Punch Taverns deal gets the go ahead from CMA

    Heineken-Punch Taverns deal gets the go ahead from CMA

    Economy

    Punch shareholders approved Heineken's 180p per share takeover offer in February, after the Dutch brewing giant won a bidding war with entrepreneur Alan McIntosh, one of Punch's founders . The competitions watchdog said it had accepted the proposals and would not launch an in-depth investigation into the deal. The purchase adds to the 1,049 taverns Heineken controls in the United Kingdom through its Star Pubs & Bars business.
  • Northeast Ohio native Cohn to stay on as White House economic adviser

    Economy

    Multiple national news outlets reported late Thursday that former Shaker Heights resident Gary Cohn will not resign from his position as director of the National Economic Council. "The Fed is still fairly comfortable with the economics, but they're getting more concerned about the politics". The benchmark index also closed at its lowest since July 11, with the day's move marking the first time since the November 8 election of two days with more than 1 percent declines so close together.
  • Russell Investments Group Ltd. Cuts Stake in Estee Lauder Companies, Inc

    Economy

    Depending on the earnings numbers reported, The Estee Lauder Companies Inc. Nationwide Fund Advsrs holds 0.06% in Estee Lauder Companies Inc (NYSE:EL) or 185,474 shares. (The) from a "hold" rating to a "buy" rating in a research report on Monday, July 31st. The firm earned "Underperform" rating on Thursday, November 3 by CSLA.
  • Wells Fargo & Company Reaffirms Outperform Rating for Estee Lauder Companies, Inc

    Economy

    Dixon Hubard Feinour And Brown Inc Va invested 0.18% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN). (The)'s quarterly revenue was up 9.4% on a year-over-year basis. (The) news, VP Sara E. Moss sold 14,552 shares of the business's stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $92.31, for a total value of $1,538,530.77.