Finance

About 23.86M shares traded. Bank of America Corporation (BAC ) exchanged hands at an unexpectedly low level of 103.65 million shares over the course of the day. Keefe Bruyette & Woods maintained the shares of BAC in report on Tuesday, June 6 with "Buy" rating. Deutsche Bank has "Buy" rating and $17 target. Macquarie Research upgraded the stock to "Underperform" rating in Tuesday, August 25 report.
  • Nordstrom shelves plans to go private

    Nordstrom shelves plans to go private

    Finance

    Here are a few institutional investors who have updated their positions. Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Nordstrom , Inc.
  • Two neutron stars collide - and the explosion stuns astronomers

    Two neutron stars collide - and the explosion stuns astronomers

    Finance

    That flash occurred during the time of the dinosaurs, and is just now detected. "This is, if you will, a smoking gun", said Sutton. "There's euphoria and exhilaration, then despair, while you're processing all the data" to prove the sighting, "feeling the weight of the world", he said.
  • QCOM) — QUALCOMM Incorporated (NASDAQ

    QCOM) — QUALCOMM Incorporated (NASDAQ

    Finance

    It has underperformed by 7.39% the S&P500. Synovus Financial Corp increased its stake in Boeing Co (BA) by 44.36% based on its latest 2017Q2 regulatory filing with the SEC. American National Bank now owns 3,637 shares of the wireless technology company's stock valued at $201,000 after purchasing an additional 812 shares during the last quarter.
  • ValuEngine Lowers Brookdale Senior Living, Inc. (BKD) to Hold

    Finance

    The Glenview Capital Management Llc holds 15.25 million shares with $224.34 million value, up from 14.73M last quarter. Brookdale Sr Living Inc Com now has $1.88 billion valuation. Great West Life Assurance Can reported 0.01% of its portfolio in Ligand Pharmaceuticals Inc. Nomura holds 0% or 29,347 shares. Segall Bryant Hamill Ltd Liability Corp reported 2.02% stake.
  • Viacom, Charter talks extended

    Finance

    Past week, social media users, at most Instagram users, have been hit with advertisements from television networks pleading viewers who are Spectrum customers to contact Spectrum and insisted keeping their beloved Viacom channels in the likes of MTV , VH1, BET , Nickelodeon , Spike , Comedy Central and over 20 more channels.
  • Is a Pullback Coming For General Motors Company (NYSE:GM)?

    Finance

    Laurion Capital Management Lp sold 1.10M shares as the company's stock declined 12.09% while stock markets rallied. The Wharton Business Group Llc holds 15,145 shares with $529,000 value, down from 309,930 last quarter. General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, July 25th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have assigned a buy rating to the stock.
  • EPS for Canadian Natural Resources Limited (CNQ) Expected At $0.04

    Finance

    The stock increased 1.23% or $0.4 on October 13, reaching $33. On the other end, a stock with a score from 0-2 would be viewed as weak. Novocure Ltd (NASDAQ:NVCR) has declined 0.43% since October 15, 2016 and is downtrending. (NYSE:PX) to report earnings on October, 26. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.68%. Investec Asset Management Ltd increased Microsoft Corp (NASDAQ:MSFT) stake by 1.50 million shares to 10.60M valued at $730.51M in 2017Q2.
  • WPI inflation eases to 2.60% in September

    Finance

    On Thursday, data released by the government showed that retail inflation remained flat at 3.28 percent in September, as food prices remained steady, while fuel and housing prices witnessing modest growth during the month. The index for manufactured products (weight 64.23 per cent) for September 2017 rose by 0.4 per cent to 113.4 from 112.9 for the previous month. The wholesale inflation in September fell to 2.60 per cent as prices of food articles, led by vegetables, softened.
  • Ardee schools closed as Hurricane Ophelia looms

    Ardee schools closed as Hurricane Ophelia looms

    Finance

    However, that red wind alert has now been extended nationwide meaning schools across the country will shut. Dublin Coach (The Green Bus) is still running this morning. All DART, Intercity and Commuter services are now operating. Power outages are expected. Schools in areas affected by a status orange alert should remain vigilant, and keep themselves appraised of any hourly and other updates from Met Eireann, and from their local authorities, local radio, and an Garda Siochana.
  • Assange colluded with Russian Federation to help Trump win: Hillary

    Assange colluded with Russian Federation to help Trump win: Hillary

    Finance

    In January, the USA intelligence community concluded Putin ordered the influence campaign to discredit Clinton and had a "clear preference" for her opponent, the report said. "When you're a star, they let you do it", he said. "It is a clear and present danger to western democracy and it is right out of Putin's playbook", she said.
  • Vauxhall axing 400 jobs at Ellesmere Port 'due to market, not Brexit'

    Finance

    Citing a "competitiveness" problem for Ellesmere Port plant (northwestern England) but also uncertainties associated with Brexit, this spokesperson clarified that Vauxhall had "developed a plan that provides for a single-team transition" during 2018 against two now and a plan of voluntary departures (.) Representing approximately 400 people by end of 2017.
  • GM, Union Reach Tentative Agreement At Striking Canadian Plant

    Finance

    Unifor President Jerry Dias accused the company on Thursday of declaring war on its Ingersoll workers, but the company said it had little choice but to look at alternatives to the strikebound Ontario plant, which assembles GM's Chevrolet Equinox sport utility vehicle.
  • Were Analysts Bullish GlaxoSmithKline plc (ADR) (NYSE:GSK) This Week?

    Finance

    Gw&k Investment Management, LLC claims 1,034,532 shares valued at $42,002,000. The Strategy Asset Managers Llc holds 40,699 shares with $1.76M value, up from 22,246 last quarter. The company has market cap of 74.64 billion GBP. GlaxoSmithKline PLC had a net margin of 6.48% and a return on equity of 114.93%. A number of other research firms have also issued reports on GSK.
  • Dubai police have been testing out this hoverbike

    Dubai police have been testing out this hoverbike

    Finance

    The Scorpion's rotor blades also look ready to chop through anything it might bump into, like humans, and sort of looks like it is as risky for the operator to fly as for anyone who might wander into its path. The new technology to be employed by the city's police was revealed at Gitex 2017 , an global technology showcase now happening at Dubai World Trade Centre.
  • Drone hits a passenger aircraft in Quebec City

    Finance

    Canada's transport minster has told drone operators to stay away from airports after a remotely-piloted craft bonked a passenger plane during its final approach to Jean Lesage International Airport in Québec City. Greg McConnell, the national chairperson of the Canadian Federal Pilots' Association, said the incident "was just a matter of time". It was also within 5.5 kilometers of an airport, which is illegal in Canada.
  • Facebook Food Ordering and Delivering Service Launched For US

    Facebook Food Ordering and Delivering Service Launched For US

    Finance

    This year has seen Facebook roll out other features that keep users within the app. Facebook's shares were up almost 1% in early trading on Friday. And one such way is the introduction of a new feature through which you can order for food from the app. To help make your restaurant selection easier, you will also be able to read reviews about the relevant restaurant from your Facebook friends.
  • Tesla fired hundreds of employees in past week

    Finance

    On Saturday, the #Elon Musk-led company confirmed the job cuts in a statement but refused to disclose the exact number of cuts. In the last quarter, the company made only 260 vehicles. It added that some workers also received promotions and bonuses and that they expected to fill the vacancies. Mercury News had earlier reported about the firing of hundreds of employees by Tesla in the past week.
  • IndusInd buys Bharat Financial

    IndusInd buys Bharat Financial

    Finance

    India's IndusInd Bank Ltd agreed an all-share deal on Saturday to buy microlender Bharat Financial Inclusion Ltd for close to 155 billion rupees ($2.4 billion), boosting its presence in microfinance lending and rural banking. The scheme of the merger also includes a preferential allotment of shares to the promoters of the bank through warrants. The IndusInd bank has spent so much money on Bharat Financial Inclusion because according to IndusInd Bank the combination of both the sectors ...