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Economy

Enrollment in Covered California dropped slightly this year as about 35,000 fewer people signed up for coverage through the state's insurance marketplace, officials reported Wednesday. Several state exchange directors said Wednesday that their robust marketing and outreach efforts helped to keep sign-ups even or ahead of last year's.
  • DOJ Charges 36 In $530M Fraud Forum Takedown

    DOJ Charges 36 In $530M Fraud Forum Takedown

    Economy

    The takedown of Infraud - dubbed Operation Shadow Web - was an global effort and the Australian Federal Police was among the law enforcement agencies thanked by the Department of Justice for their role. And while there are just five suspects still at large, the actual membership is considerably deeper with 10,901 registered members as of March 2017.
  • UnitedHealth Group Incorporated (UNH) — Hot Trending Stock

    Economy

    The institutional investor held 15,532 shares of the medical specialities company at the end of 2017Q3, valued at $3.04M, down from 17,821 at the end of the previous reported quarter. Brown Advisory Limited Liability holds 4,287 shares. Citigroup maintained UnitedHealth Group Incorporated (NYSE:UNH) rating on Wednesday, October 18.
  • Fifteen more Russian athletes appeal against exclusion from Winter Olympics

    Fifteen more Russian athletes appeal against exclusion from Winter Olympics

    Economy

    They were all banned past year for doping at the 2014 Sochi Olympics , but those verdicts were overturned last week by CAS, sports' highest court. CAS secretary general Matthieu Reeb said the first hearing started Wednesday but had been adjourned to Thursday, resuming at noon, "in order to hear also the second case".
  • Firm says it'll reduce 500 jobs at Iowa Metropolis plant

    Firm says it'll reduce 500 jobs at Iowa Metropolis plant

    Economy

    Production for P&G's Our Dish Care business will move from the firm's Kansas City, KS facility to a plant in Tabler Station, WV, the Kansas City Star reported . Officials say Wednesday's announcement was the result of a study started in 2013 across P&G's North American supply network to more efficiently and effectively serve retailers and consumers across the country.
  • Tronc to sell Los Angeles Times in $500mn deal

    Tronc to sell Los Angeles Times in $500mn deal

    Economy

    Soon-Shiong is the CEO of the Culver City, Calif., company NantHealth (NH). Selling the Los Angeles Times would be a significant pullback for Tronc , which harboured national and global ambitions after Mr Michael W. The Copley family had owned the newspaper for its entire run until 2009, when it sold the paper to Los Angeles-based investment firm Platinum Equity.
  • Wall Street dips but trading still volatile

    Wall Street dips but trading still volatile

    Economy

    The volatility continued unabated one day after The Dow Jones Industrial Average shed the most points in one day in its more than 120-year history. "Corrections are caused by people having to re-position for new environments". Many investors have been bracing for a pullback for months, as the stock market has minted record high after record high with investors encouraged by solid economic data and corporate earnings prospects, the latter bolstered by recently passed USA ...
  • What Analyst Recommend About these Stocks? GlaxoSmithKline plc (GSK), BioAmber Inc. (BIOA)

    What Analyst Recommend About these Stocks? GlaxoSmithKline plc (GSK), BioAmber Inc. (BIOA)

    Economy

    GlaxoSmithKline said on Wednesday its earnings could slip this year, after a better-than-expected performance in the fourth quarter, as the drugmaker faces increased competition in its core respiratory and HIV businesses. Lowe's Companies, Inc. holds an earnings per share of $ 4.16 and the EPS growth for this year shows a value of. Fred Alger Management Inc. grew its position in GlaxoSmithKline by 26.4% during the 2nd quarter.
  • Genworth Financial, Inc. (GNW)

    Economy

    Taking a broader look at the analyst consensus, brokerage firms have a price target of $3.75 on Genworth Financial Inc (NYSE: GNW ). The stock increased or $0 during the last trading session, hitting $. The company has managed to keep price to sales ratio of 2.96 against an industry average of 96.68. Teacher Retirement System of Texas grew its stake in shares of Genworth Financial by 298.6% in the 4th quarter.
  • The Hain Celestial Group, Inc

    The Hain Celestial Group, Inc

    Economy

    Ferguson Wellman Capital Management Inc sold 8,742 shares as the company's stock declined 7.66% while stock markets rallied. "While some bulls may point to Hain's announcement to explore the divestiture of its Hain Pure Protein business, we think the magnitude of sales and profit declines in its key Hain US segment is likely to dominate the narrative this quarter and could continue to pressure shares in the near term", Barclays said in a report following the earnings release.
  • First Merchants Corp Sells 300 Shares of NVIDIA Co. (NASDAQ:NVDA)

    Economy

    Nvidia Corp now has $140.46B valuation. The volume of the company in the last trading session was 27.05 Million. About 27.87M shares traded or 95.71% up from the average. For the Current Quarter, the growth estimate for NVIDIA Corporation is 17.2%, while for the Next Quarter the stock growth estimate is 24.1%. The stock has a market cap of 39.94 Billion.
  • (NASDAQ:CSCO) Shares Bought by Courier Capital LLC

    Economy

    The stock traded with the average Volume of 22.03 Million at the end of last session. It has underperformed by 16.70% the S&P500. Lodestar Investment Counsel Llc acquired 9,100 shares as Cisco Systems ( CSCO)'s stock declined 7.50%. Among 53 analysts covering Apple Inc. The rating was maintained by Citigroup on Thursday, November 16 with "Buy". Therefore 68% are positive. Citigroup Inc.
  • Theresa May Announces New Rights For Flexible Workers

    Theresa May Announces New Rights For Flexible Workers

    Economy

    Business secretary Greg Clark said: 'We want to embrace new ways of working, and to do so we will be one of the first countries to prepare our employment rules to reflect the new challenges. Rebecca Long-Bailey, the Shadow Business Secretary, said: "Like so much from this Government, today's response is just more words, with no real action to improve the lives of the millions of people in insecure work".
  • Near term Outlook For Time Warner Inc. (NYSE:TWX)

    Economy

    It has underperformed by 23.95% the S&P500. Michael M. Rothenberg increased its stake in Time Warner Inc (TWX ) by 517.27% based on its latest 2017Q3 regulatory filing with the SEC. Its down 0.24, from 1.3 in 2017Q2. It dived, as 66 investors sold TWX shares while 374 reduced holdings. (NYSE:TWX) by some 57,359,901 shares, 529 decreased positions by 69,293,719 and 173 held positions by 480,090,462.
  • Exploitation of resources hallmark of mining sector: SC

    Exploitation of resources hallmark of mining sector: SC

    Economy

    A bench of Justices Madan B Lokur and Deepak Gupta noted that state government started process of renewal of leases just a day after the Centre had taken decision to amend the law to take the route of competitive bidding or auction process for granting lease to mining companies.
  • Should You Hold International Business Machines Corporation (NYSE:IBM)

    Economy

    Annual earnings per share (EPS) growth noted at -16.00% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 2.92% in coming 5 years. Since January 31, 2018, it had 1 insider purchase, and 0 selling transactions for $99,659 activity. The net percent change held by Institutional Investors has seen a change of -0.40% in last three month period.
  • Toronto Dominion Bank Increases Position in Merck & Co., Inc. (NYSE:MRK)

    Economy

    Umb Bank N A who had been investing in Philip Morris International for a number of months, seems to be less bullish one the $154.44 billion market cap company. Another trade for 2,500 shares valued at $4.69 million was made by Docter Jan L on Thursday, August 10. Zacks Investment Research cut shares of Merck & Co., Inc.
  • Most Active Stock of Thursday - The Coca-Cola Company (KO)

    Most Active Stock of Thursday - The Coca-Cola Company (KO)

    Economy

    The stock decreased 0.49% or $0.22 during the last trading session, reaching $44.67. About 6.45M shares traded. Media stories about The Coca-Cola (NYSE:KO) have been trending somewhat positive on Friday, according to Accern. IBC upgraded the shares of IAG in report on Monday, June 27 to "Sector Performer" rating. Its down 0.67, from 1.87 in 2017Q2. It turned negative, as 48 investors sold KO shares while 641 reduced holdings.
  • Navios Maritime Partners (NYSE:NMM) Lowered to "Neutral" at JPMorgan Chase & Co

    Economy

    If the $40.52 price target is reached, the company will be worth $55.35M less. (OSG) over recent time; they noted that 0.61 million shares changed at hands contradiction to its average trading volume of 0.56 million. Anixter had 18 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Tuesday, January 31 by TD Securities. The firm has "Sell" rating by Citigroup given on Wednesday, April 27.
  • Lloyds To Cut 1000 Jobs And Then Add Back 465 Roles

    Lloyds To Cut 1000 Jobs And Then Add Back 465 Roles

    Economy

    Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Finally, UBS AG set a GBX 85 ($1.14) price target on shares of Lloyds Banking Group PLC and gave the company a "buy" rating in a report on Wednesday, June 28th.
  • Market rout: Some stocks still managed to hit 52-week highs

    Market rout: Some stocks still managed to hit 52-week highs

    Economy

    However, during the late trading session, the index managed to recover some of the lost ground and was quoting 368.17 points or 1.06 per cent lower at 34,388.99 at 1421 hrs. Intra-day, it touched a low of 10,276.30 and a high of 10,594.15. The crack was obvious in the SGX Nifty in early trades after the Dow fell by more than 1000 points on Monday and the Nikkei fell as much as 7 per cent during trades.