Economy

Ascena Retail Group (NASDAQ:ASNA) last issued its earnings results on Thursday, June 8th. Investment Counselors Of Maryland Llc sold 989,213 shares as Ascena Retail Group (ASNA)'s stock declined 59.69%. It worsened, as 45 investors sold ASNA shares while 53 reduced holdings. Rosenblum Silverman Sutton S F Inc Ca reported 19,823 shares or 2.39% of all its holdings.
  • There Is Now A Fourth Type Of Chocolate, Thanks To Science

    There Is Now A Fourth Type Of Chocolate, Thanks To Science

    Economy

    It joins the three existing types of milk, white and dark chocolate and is only the fourth form ever created. Global chocolate market volumes declined 1.5 percent in 2015 and 0.4 percent a year ago, according to Euromonitor. The company has tested the product in the United Kingdom, U.S., China and Japan through independent consumer research carried out by Haystack and Ipsos.
  • RBA makes rate announcement: September 2017

    RBA makes rate announcement: September 2017

    Economy

    Haruhiko Kuroda, governor of Bank of Japan, from left, Janet Yellen, chair of Board of Governors of the Federal Reserve System, and Mario Draghi, president of the European Central Bank, walk the grounds at the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, U.S., on Friday, Aug.
  • Minimum pay for Central staff likely to be 21K

    Minimum pay for Central staff likely to be 21K

    Economy

    In a statement given by Arun Jaitley, the Finance Minister of India committed to raising the minimum pay of the employees of the central government more than Rs 18,000. The legislation requires an adjustment to the Customer Index Price ( CPI ) inflation measure. Almost 50 lakh Central government employees and a similar number of pensioners benefitted from the revision in allowances.
  • Intel scores victory in fight against €1.06bn AMD antitrust fine

    Intel scores victory in fight against €1.06bn AMD antitrust fine

    Economy

    USA chipmaker Intel's decade-long fight against a 1.06-billion-euro ($1.3 billion) European Union antitrust fine is set to drag on after Europe's top judges told a lower court to re-examine the case. The General Court also said the fine was not disproportionate, amounting to 4.15% of Intel's annual revenues when the maximum fine would have been 10%.
  • Allison Transmission Holdings, (NYSE:ALSN) Sees Significantly Higher Trading Volume

    Economy

    Allison Transmission Holdings has a one year low of $26.74 and a one year high of $40.25. The firm has a 50 day moving average price of $36.71 and a 200 day moving average price of $36.97. The current market value of the company is $77.69B. The Company manufactures fully-automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles.
  • Active Volume Lumpy stocks-:- Finisar Corporation (NASDAQ:FNSR)

    Active Volume Lumpy stocks-:- Finisar Corporation (NASDAQ:FNSR)

    Economy

    RBC Capital Markets maintained the stock with "Outperform" rating in Tuesday, November 29 report. Keefe Bruyette & Woods has "Hold" rating and $2800 target. The value in dollars decreased from $5,793,000 to $1,387,000 a change of 76.1% for the reporting period. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.
  • Wall Street Analyst's Guidance: Range Resources Corporation (RRC)

    Wall Street Analyst's Guidance: Range Resources Corporation (RRC)

    Economy

    It has underperformed by 31.85% the S&P500. Sailingstone Capital Partners Llc increased Range Res Corp ( RRC ) stake by 1.09% reported in 2016Q4 SEC filing. Fiera Capital Corp decreased Range Res Corp (RRC) stake by 65.09% reported in 2016Q4 SEC filing. A number of equities analysts recently commented on RRC shares.
  • McCain, Flake oppose the end of DACA

    McCain, Flake oppose the end of DACA

    Economy

    SHAPIRO: We're about to hear from a Republican who is optimistic that such a bill could pass Congress. Frustration grew during the Obama administration over repeated failures to pass the "Dream Act", which would have provided a path to legal US citizenship for the young immigrants who ended up becoming DACA beneficiaries and became known as "dreamers".
  • Things you need to know about the latest Bell Pottinger developments

    Things you need to know about the latest Bell Pottinger developments

    Economy

    Their departure brings the number of clients to have left the PR agency in the wake of the scandal to seven. "The management focus is on keeping people as calm as they can". The PR firm, founded in 1987, said it accepted there were lessons to be learned, but disputed the basis on which the ruling was made. The firm's troubles began when South Africa's main opposition party, the Democratic Alliance, complained to the PRCA that Bell Pottinger's campaign was trying to "divide and conquer" the ...
  • Ryanair flies lower as it takes €50mln hit from new baggage policies

    Ryanair flies lower as it takes €50mln hit from new baggage policies

    Economy

    For example, a small Mulberry clipper bag, which is designed for weekend travel, measures 23 x 43cm x 19.5cm and would not qualify as a cabin bag under Ryanair's incoming policy. They said high load factors in August meant that there was not enough space in the overhead cabin to accommodate all the luggage. It said "abuse" of that policy was contributing to flight delays, with people taking on bags up to three times the permissible size.
  • Tokyo stocks open lower on North Korea jitters

    Economy

    Gulf Coast slowly resumed activity, easing supply concerns. United States markets were closed on Monday for the annual Labor Day holiday, but when trading restarted on Tuesday the Dow Jones fell 92.61 points to 21,894.95. Qualcomm fell $2, or 3.8 percent, to $50.05. The Nasdaq composite dropped 39 points, or 0.6 percent, to 6,396. But Dow member United Technologies fell 5.7 per cent, with declines accelerating after Boeing , a customer of both companies, suggested it could try to ...
  • Asia in the Red on North Korea Turmoil

    Asia in the Red on North Korea Turmoil

    Economy

    Similar declines were seen elsewhere in the region, except for Hong Kong. Also, inflation is falling "well short" of target so the Federal Reserve should be cautious about raising interest rates until it is confident of a rebound, Fed Governor Lael Brainard.
  • Hurricane Harvey's impact on the United States oil industry

    Hurricane Harvey's impact on the United States oil industry

    Economy

    On global markets, Brent crude futures also rose by 0.9 per cent to US$53.23 a barrel amid signals the Organization of the Petroleum Exporting Countries could extend its output limits beyond the first quarter of 2018. "From Hurricane Harvey landfalling, there hasn't been a significant amount of damage done to refineries, which is the good news". Traders were nervously watching developments in North Korea , where the military conducted its sixth and most powerful nuclear test during the ...
  • Who's that girl? Madonna turns to Twitter to prove identity

    Who's that girl? Madonna turns to Twitter to prove identity

    Economy

    Hmm, really a FedEx employee, or just a fan seizing an easy way to get Madonna's personal info? The singer took to her Twitter account this morning to share her frustration over what is apparently an ongoing battle with the shipping company to convince them that she is who she says she is.
  • Michael Kors Holdings Limited (KORS) Short Interest Up 38.8% in August

    Economy

    It has underperformed by 27.24% the S&P500. Riverhead Capital Management Llc sold 6,452 shares as Nordstrom Inc (JWN)'s stock declined 10.77%. Utah Retirement holds 29,499 shares. The rating was initiated by Suntrust Robinson with "Neutral" on Thursday, October 8. Approximately 7.4% of the shares of the stock are short sold. ValuEngine lowered Michael Kors Holdings Limited from a "buy" rating to a "hold" rating in a research report on Friday.
  • USL Players Feature in New Zealand Victory

    USL Players Feature in New Zealand Victory

    Economy

    Bevan scored his first worldwide goal in 14th minute, slotting home from close range after Kosta Barbarouses's shot was parried by Solomons keeper Philip Mango. "I was sort of really questioning how that would happen in the game, but I think it was a tough game but in the end I was pleased just to get a point on the road and get through to the final".
  • Neuberger Berman Group LLC Grows Holdings in Alexion Pharmaceuticals, Inc. (ALXN)

    Neuberger Berman Group LLC Grows Holdings in Alexion Pharmaceuticals, Inc. (ALXN)

    Economy

    Zacks Investment Research upgraded shares of Alexion Pharmaceuticals from a "hold" rating to a "strong-buy" rating and set a $158.00 price target on the stock in a research note on Wednesday, August 2nd. Kingdon Mgmt Limited Liability Company holds 0.74% of its portfolio in CSX Corporation (NASDAQ:CSX) for 426,989 shares. Shamrock Asset Mngmt Ltd Liability Corporation holds 6,272 shares.
  • Were Analysts Bullish AbbVie Inc (NYSE:ABBV) This Week?

    Were Analysts Bullish AbbVie Inc (NYSE:ABBV) This Week?

    Economy

    The value of the company's investment in AbbVie Inc . increased from $934,000 to $1,511,920,000 a change of $1,510,986,000 quarter to quarter. The company has market cap of $119.88 billion. Intrust Savings Bank Na reported 0.39% in AbbVie Inc (NYSE:ABBV). Mason Street Advisors Ltd reported 222,306 shares. Glg Ltd Co holds 0.08% of its portfolio in Ameriprise Financial, Inc.
  • Analysts Upgrade/Downgrade Activity of Oasis Petroleum Inc. (OAS)

    Analysts Upgrade/Downgrade Activity of Oasis Petroleum Inc. (OAS)

    Economy

    It has underperformed by 9.75% the S&P500. Goldman Sachs upgraded Cedar Fair, L.P. (NYSE:FUN) on Monday, June 19 to "Buy" rating. Therefore 52% are positive. (NYSE:OAS) for 1.95 million shares. The company reported its EPS on 6/29/2017. Ameriprise Fincl holds 0.01% or 211,947 shares. Jefferies Group LLC restated a "buy" rating and issued a $17.00 target price on shares of Oasis Petroleum in a research note on Wednesday, May 17th.