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Economy

The government is exploring options of absorbing employees in public sector enterprises and voluntary retirement package as it moves ahead with the airline's disinvestment amid stiff opposition from worker unions, sources said. "We expect it to be a very bright future for its employees". A group of ministers is in the process of finalising the modalities for the proposed strategic stake sale.
  • India's WPI inflation for textiles down 0.4% in Dec '17

    India's WPI inflation for textiles down 0.4% in Dec '17

    Economy

    Consumer price index -based inflation had surged to a 17-month high of 5.2% in December due to increased inflation in food, housing and personal care items. ICRA Principal Economist Aditi Nayar said that despite the sharp rise in crude oil prices in the current month, WPI inflation is expected in a range of 3.2-3.6 per cent in the March quarter.
  • Tenet Healthcare Corp 2017 Q3 Institutional Investor Sentiment Better Than Expected

    Economy

    It has underperformed by 53.51% the S&P500. Wheatland Advisors Inc increased its stake in At&T Inc (T) by 15.9% based on its latest 2017Q3 regulatory filing with the SEC. The stock has "Buy" rating by Jefferies on Monday, August 21. Analysts await Best Buy Co., Inc. Therefore 81% are positive. Borgwarner Inc. had 68 analyst reports since August 3, 2015 according to SRatingsIntel.
  • Riley Reiterates $4.00 Price Target for JC Penney (NYSE:JCP)

    Riley Reiterates $4.00 Price Target for JC Penney (NYSE:JCP)

    Economy

    The institutional investor held 162,642 shares of the major banks company at the end of 2017Q3, valued at $11.83M, down from 167,893 at the end of the previous reported quarter. (NYSE: JCP ) has been trading recently. The companyÂ's Marine Transportation segment provides marine transportation services and towing vessels transporting bulk liquid products, as well as operates tank barges throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United ...
  • Today Analysts Focus on JetBlue Airways Corporation (JBLU), Glu Mobile Inc. (GLUU)

    Today Analysts Focus on JetBlue Airways Corporation (JBLU), Glu Mobile Inc. (GLUU)

    Economy

    JetBlue Airways (NASDAQ: JBLU ) last announced its earnings results on Tuesday, October 24th. JBLU's profit would be $102.60 million giving it 17.91 P/E if the $0.32 EPS is correct. 144,047 were reported by Umb Fincl Bank N A Mo. Wilsey Asset Management Inc owns 322,507 shares or 3.84% of their United States portfolio. Globeflex Capital Ltd Partnership holds 0.02% or 3,900 shares in its portfolio.
  • How Have Institutional Investors Been Trading The Charles Schwab Corporation (SCHW)?

    Economy

    The company has a market capitalization of $74,170.00, a PE ratio of 35.51, a P/E/G ratio of 1.47 and a beta of 1.75. The stock increased 1.19% or $2.5 during the last trading session, reaching $213.39. Therefore 25% are positive. SCHW was included in 81 notes of analysts from August 11, 2015. DODGE & COX lowered its stake in The Charles Schwab Corporation (NYSE:SCHW) by 6.89% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange ...
  • General Mills (NYSE:GIS) Releases Earnings Results, Meets Expectations

    Economy

    The stock decreased 0.38% or $0.22 during the last trading session, reaching $57.87. K trades at a forward P/E of 16.14, a P/B of 12.30, and a P/S of 1.85, compared to a forward P/E of 18.11, a P/B of 8.01, and a P/S of 2.18 for GIS . (NYSE:GIS). Glovista Limited Co has invested 0.07% in General Mills, Inc . Old Mutual Customised Solutions (Proprietary) Limited owns 0.15% invested in General Mills, Inc .
  • Today Analysts Focus on TD Ameritrade Holding Corporation (AMTD), Mylan NV (MYL)

    Economy

    BidaskClub raised shares of TD Ameritrade from a "buy" rating to a "strong-buy" rating in a research note on Thursday. (NYSE:ANTM) earned "Neutral" rating by JP Morgan on Monday, October 17. Zacks tracked 15 analysts to create a quarterly consensus estimate of -0.01 for Sprint Corporation (NYSE:S). TD Ameritrade Holding Corporation (NASDAQ:AMTD) tinted gains of +1.41% (+0.76 points) to US$54.5.
  • CVS Health Corp (CVS) EVP Sells 29445 Shares of Stock

    CVS Health Corp (CVS) EVP Sells 29445 Shares of Stock

    Economy

    The NYSE-listed company saw a recent bid of $78.78 on volume of 7.08 million shares. Whitnell & invested 1.72% of its portfolio in CVS Health Corporation (NYSE:CVS). Oppenheimer reiterated a "buy" rating and set a $95.00 target price on shares of CVS Health in a report on Monday, October 9th. M Partners has "Neutral" rating and $8 target.
  • Melrose courts GKN investors after company spurns $9.6 bln bid

    Melrose courts GKN investors after company spurns $9.6 bln bid

    Economy

    Melrose shares were up 0.9% early on Monday at 225.50 pence each, while GKN shares were up 2.1% at 429.00p. They can elect to sell in the market right now for a substantial premium to Friday's opening price - which itself has increased following a rise in the price of Melrose's shares.
  • Gillespie Robinson & Grimm Inc. Grows Stake in Prudential Financial Inc (PRU)

    Economy

    About 2.58 million shares traded or 54.63% up from the average. Prudential plc (LON: PRU ) has 0.00% since January 11, 2017 and is. It has outperformed by 16.96% the S&P500. Fred Alger Mngmt Incorporated invested 0% of its portfolio in Prudential Financial, Inc. Price T Rowe Associates Inc Md holds 0.01% in Prudential Financial, Inc.
  • $4.06 Earnings Per Share Expected for Lockheed Martin Co. (LMT) This Quarter

    Economy

    Here we will take a look into some valuation metrics for Lockheed Martin Corporation NYSE:LMT shares. It has underperformed by 2.51% the S&P500. CRNT's SI was 512,200 shares in January as released by FINRA. The company has a current ratio of 1.32, a quick ratio of 0.95 and a debt-to-equity ratio of 6.56. It increased, as 43 investors sold LMT shares while 356 reduced holdings.
  • Spot trends and buy/sell signals: Zynga Inc. (ZNGA), Devon Energy Corporation (DVN)

    Economy

    Hgk Asset Management Inc who had been investing in Devon Energy Corp. for a number of months, seems to be bullish on the $23.14 billion market cap company. Its down 0.08, from 1.08 in 2017Q2. It is negative, as 55 investors sold Devon Energy Corporation shares while 230 reduced holdings. Hedge funds have recently made changes to their positions in the stock.
  • South Korea flip-flops on cryptocurrency crackdown

    South Korea flip-flops on cryptocurrency crackdown

    Economy

    Almost 2 million South Koreans are estimated to have used cryptocurrency applications with their smartphone in the past week, data showed Monday. The original cryptocurrency came under a lot of pressure toward the end of last week, after remarks by South Korea's Justice minister Park Sang-ki, suggesting that the government would soon impose a ban on cryptocurrency exchanges in the country, threw the entire digital currency market into turmoil .
  • Conductor, Passenger From Derailed Amtrak Train Allege Inadequate Training In Lawsuits

    Conductor, Passenger From Derailed Amtrak Train Allege Inadequate Training In Lawsuits

    Economy

    Freeman he suffered from a shattered pelvis and cracked ribs. Cottrell was recently released from the hospital and allowed to go back to her home, which is outside the Seattle area, Krzak said. When asked for comment on the lawsuits filed an Amtrak spokesman said, "Amtrak doesn't comment on pending litigation". Chao in her message, which was made public Tuesday, pushed transit agencies to "greatly accelerate" efforts to install "positive train control" by Congress' deadline of December ...