Economy

In total, 3.32 million complaints were recorded by firms in the first half of 2017. The number of PPI complaints jumped by nearly a quarter - as the reclaim deadline was announced. A total of 1,745 of these complaints were upheld at a rate of 52.8%. Old Mutual Wealth received 1,379 complaints while Standard Life received 3,579.
  • Former HSBC banker convicted of fraud in U.S. court

    Economy

    The US is seeking to extradite another United Kingdom banker, Stuart Scott, in the case. Former employees of JP Morgan, Barclays and Citigroup are also awaiting trial in Manhattan, accused of rigging currency markets. HSBC, which was not charged in this case, declined to comment. In September, the US Federal Reserve fined the bank $175m in over "unsound" practices in its foreign exchange business.
  • Cities Bids are in for Amazon's Second Headquarters

    Economy

    With an eye toward making Amazon jobs accessible to a diverse workforce, the state's offer also includes $250 million in education, workforce development and city economic development funds, the sources said. For the victor, it could be worth it, since an Amazon headquarters could draw other tech businesses and their well-educated, highly paid employees. Last week, the state and city announced it had offered 10 specific sites to Amazon for its so-called HQ2, eight of them in Chicago.
  • Whenever an Indian clicks selfie, a Chinese youth gets employment: Rahul Gandhi

    Whenever an Indian clicks selfie, a Chinese youth gets employment: Rahul Gandhi

    Economy

    The Gandhian family now chose Rahul Gandhi for the Congress pillar and to shape up the party under his leadership. He continued that it is odd that every single community is protesting for something of the other and the reason behind this is because in the past 22 years the government of the people of Gujarat have not served the state, instead the government of a few industrialists have ruled it.
  • Comcast Corporation (CMCSA) Receives "Buy" Rating from Wells Fargo & Company

    Economy

    Next quarter's EPS is forecasted to be $0.50 with next year's EPS projected to be $2.24. On Assignment, Inc.is a global provider of in-demand, skilled professionals in the technology, life sciences and creative sectors. The stock of Comcast Corporation (NASDAQ: CMCSA ) has "Outperform" rating given on Thursday, April 28 by RBC Capital Markets. The firm has "Outperform" rating given on Tuesday, January 24 by Telsey Advisory Group.
  • Microsoft Corporation (NASDAQ:MSFT) Overbought but Is That a Sell Indicator?

    Economy

    Microsoft Corporation (NASDAQ: MSFT ) has risen 34.52% since October 23, 2016 and is uptrending. It has outperformed by 17.82% the S&P500. EPS Estimate for the next Quarter is 0.72. Karp Capital Management reported 3,649 shares. Iowa-based Principal Grp Inc Inc has invested 0% in Atlantic Power Corp (NYSE:AT). Since May 1, 2017, it had 0 insider purchases, and 8 sales for $1.04 billion activity.
  • Kaspersky Lab to open up software for independent review

    Economy

    In addition, the company will also give outside organisations access to other aspects of its business - including software development. Reviews of the software, which is used on some 400 million computers worldwide, will begin by the first quarter of next year, the company said.
  • Hasbro Q3 Results Rise, Top Estimates; Sees Higher Revenues In Q4

    Hasbro Q3 Results Rise, Top Estimates; Sees Higher Revenues In Q4

    Economy

    According to Goldner, TRU's bankruptcy has had a negative impact on the toymaker's quarterly revenue and operating profit. The bankruptcy of Toys "R" Us weakened Hasbro Inc's forecasts for the holiday season in otherwise strong third-quarter results on Monday, boding ill for a sector anxious by the collapse of a major customer.
  • 65 pounds of weed included in Orlando couple's Amazon order

    65 pounds of weed included in Orlando couple's Amazon order

    Economy

    So, this summer when she and her fiance needed to put some things in storage, they placed an order for 27-gallon storage totes. Woman: "They were extremely heavy, more heavy than you would think from ordering four empty bins". But the couple says they never spoke with a supervisor after exchanging emails with a company representative for more than a month. She told WFLA they finally received an email offering them a $150 gift card.
  • Barclays Keeps Rating And Raises Price Target On PayPal Holdings, Inc. (PYPL)

    Economy

    A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Shares of PayPal Holdings (PYPL) traded down 0.1995% on Friday, reaching $70.8284. The company had revenue of $3.24 billion for the quarter, compared to analysts' expectations of $3.18 billion. Net profit margin of the company was recorded at 12.8 percent, operating profit margin was 14.2 percent, while gross profit margin stands at 46.2 percent.
  • General Electric Co (GE) Holding Has Boosted by Community Bank Of Raymore

    Economy

    Numina Capital Management Llc who had been investing in T Mobile Us Inc (Call) for a number of months, seems to be less bullish one the $50.25B market cap company. Morgan Stanley restated an equal weight rating and set a $27.00 price target on shares of General Electric in a research note on Monday, July 17th. Since May 15, 2017, it had 3 insider buys, and 0 insider sales for $3.37 million activity.
  • Huge recall of vegetables in the country

    Huge recall of vegetables in the country

    Economy

    Nine vegetable products at Walmart are being recalled including bags of broccoli, cauliflower and vegetable medleys. Dozens of products , including items sold at Trader Joe's and Walmart in the USA, are affected by the recall, which applies to products with "best if used by" dates from October 11 to October 20.
  • Brent crude oil above $57, nearing the highest close since 2015

    Brent crude oil above $57, nearing the highest close since 2015

    Economy

    Crude oil prices edged higher on Friday and continue to trade high on Monday morning as political tensions in the Kurdistan region continue to disrupt crude supplies. At 456.5 million barrels, the authority said, crude oil inventories were within the upper limit of the seasonal average. The global benchmark ended the week with an increase of approximately 1%, supported by growing indications that the market was starting to rebalance.
  • Procter & Gamble Company (The) (NYSE:PG) Under Analyst Spotlight

    Procter & Gamble Company (The) (NYSE:PG) Under Analyst Spotlight

    Economy

    Stifel Nicolaus set a $87.00 price target on shares of Procter & Gamble Company (The) and gave the company a "hold" rating in a research report on Friday. Inspirion Wealth Advisors Limited Co reported 0.7% stake. The company was maintained on Tuesday, May 30 by Jefferies. Analysts await Exelixis, Inc.
  • Gilead Sciences, Inc. (NASDAQ:GILD) Shares Sold by UMB Bank NA MO

    Gilead Sciences, Inc. (NASDAQ:GILD) Shares Sold by UMB Bank NA MO

    Economy

    On average, analysts expect that Gilead Sciences will post $8.74 earnings per share for the current year. Gilead Sciences (NASDAQ: GILD ) last posted its quarterly earnings data on Wednesday, July 26th. The firm earned "Hold" rating on Tuesday, July 26 by Needham. On Tuesday, July 11 the stock rating was reinitiated by Jefferies with "Hold". The ex-dividend date of this dividend was Thursday, September 14th.
  • The (DIS) Position; Rex American Resources Has 1.11 Sentiment

    Economy

    About 1 shares traded. It is down 9.26% since October 23, 2016 and is uptrending. It has outperformed by 19.53% the S&P500. Buckhead Capital Management Llc decreased Disney Walt Co ( DIS ) stake by 41.06% reported in 2017Q2 SEC filing. Victory Capital Inc stated it has 0.01% of its portfolio in Walt Disney Co (NYSE: DIS ). Columbus Hill Capital Management LP has invested 1.78% in Walt Disney Co (NYSE: DIS ).
  • The Vetr Inc. Downgrade Freeport-McMoran, Inc. (FCX) to Hold

    Economy

    Its investment stood at $3,202,000 an increase of 20.2% according to the filing. The company is so far trading up from yesterday's close of 14.81. Analysts await Freeport-McMoRan Inc (NYSE:FCX) to report earnings on October, 24. Investors sentiment decreased to 1 in 2017 Q2. In the latest earnings report the EPS was $0.71 and is expected to be $1.02 for the current year with 1,447,307,000 shares presently outstanding.
  • Mann Packing issues recall in United States and Canada

    Mann Packing issues recall in United States and Canada

    Economy

    The company said "a single positive" test result in random sampling by the Canadian Food Inspection Agency sparked the decision to issue the recall notice. Walmart store brand Broccoli Florets; Broccoli Cauliflower Florets; Broccoli Slaw; Stir Fry Medley; Cauliflower Florets; Cauliflower; Super Blend and Vegetable Medley.
  • Vodafone Group PLC (VOD) Shares Bought by Cullen Capital Management LLC

    Economy

    The stock of Vodafone Group Plc (ADR) (NASDAQ: VOD ) has "Buy" rating given on Monday, June 12 by Argus Research. Standpoint Research initiated it with "Accumulate" rating and $30 target in Tuesday, January 3 report. The firm has "Sell" rating by RBC Capital Markets given on Monday, July 10. Investors sentiment decreased to 1.14 in 2017 Q2. Its down 0.51, from 1.83 in 2017Q1.
  • Coca-Cola Enterprises, Inc. (NYSE:CCE) Broker Price Targets For The Coming Week

    Coca-Cola Enterprises, Inc. (NYSE:CCE) Broker Price Targets For The Coming Week

    Economy

    Seaward Management Limited Partnership increased Intl Business Machines (NYSE:IBM) stake by 3,647 shares to 61,928 valued at $9.53M in 2017Q2. It has underperformed by 17.65% the S&P500. On Wednesday, May 24 the insider Finan Irial sold $15.94M. Morfit G Mason had sold 7.00 million shares worth $481.95 million on Wednesday, May 3. Another trade for 22,000 shares valued at $951,500 was made by DOUGLAS J ALEXANDER JR on Wednesday, May 3.