Finance

Finally, Shelton Capital Management lifted its position in shares of Colgate-Palmolive by 37.2% during the 1st quarter. Shelton Capital Management now owns 41,487 shares of the company's stock valued at $3,036,000 after acquiring an additional 11,242 shares during the period.
  • Vistra Energy to buy Dynegy in all-stock deal

    Vistra Energy to buy Dynegy in all-stock deal

    Finance

    The firm purchased 66,410,333 shares of the company's stock, valued at approximately $1,226,917,000. Vistra Energy Corp. accounts for 3.3% of Benefit Street Partners LLC's investment portfolio, making the stock its 7th biggest position. WARNING: This article was originally posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are accessing this story on another domain, it was copied illegally and reposted in violation of United States and worldwide copyright and ...
  • Thermo Fisher Scientific Inc

    Finance

    The hedge fund run by Conan Laughlin held 5.00 million shares of the health care company at the end of 2017Q2, valued at $6.10 million, down from 9.01 million at the end of the previous reported quarter. (NYSE: TMO ) earned "Americas Conviction Buy List" rating by Goldman Sachs on Tuesday, December 8. The firm earned "Buy" rating on Friday, April 28 by Leerink Swann.
  • Roger Burnley to take Asda helm in New Year

    Roger Burnley to take Asda helm in New Year

    Finance

    The 51-year-old, who lives in Yorkshire with his wife and two children, returned to Asda in October 2016 in his current positions. Clarke said he was "taking some time out" but that he would remain connected to the Walmart-owned grocer.
  • Worth Watching Stock Ford Motor Co. (F)

    Finance

    Craig Hallum set a $45.00 target price on General Motors and gave the company a "hold" rating in a research report on Wednesday, October 25th. Therefore 46% are positive. Therefore 71% are positive. F&M Bank had 50 analyst reports since August 7, 2015 according to SRatingsIntel. (NASDAQ:AAPL) rating on Monday, August 7.
  • Wall Street Analysts See 16.7% for Merck & Co., Inc. (NYSE:MRK)

    Finance

    Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Boston Advisors LLC increased its stake in Merck & Co.by 512.1% in the second quarter. The business's revenue for the quarter was down 2.0% compared to the same quarter past year. On average, analysts forecast that Merck & Co. will post $3.77 EPS for the current fiscal year.
  • Mortgage approvals fall to three-month low in September

    Mortgage approvals fall to three-month low in September

    Finance

    Jonathan Harris, director of the mortgage broker Anderson Harris, said:... The firm's five-year fixed rate mortgage product up to 60 per cent LTV will start from 1.79 per cent with a £999 fee and 1.99 per cent with no fee. Britain's quarterly growth, at 0.4 percent, would also offer the weakest backdrop to any rate rise since the BoE became independent in 1997. "Yet, when you consider that most of the lending in September came from deals agreed up to three months ago, it is also hard to ...
  • SoftBank To Quit Sprint-T-Mobile Merger Negotiations

    Finance

    SoftBank Group Corp's (T:) board of directors is having doubts about the merger it has been negotiating between its USA wireless subsidiary Sprint Corp (N:) and T-Mobile US Inc (O:), due to fears of losing control of a combined entity, a source familiar with the matter told Reuters on Monday.
  • Indices open in the green

    Indices open in the green

    Finance

    Similarly, the broader 50-issue NSE Nifty hit a new intra-day high of 10,384.50, bettering its record of 10,366.15 hit on October 27. However, it closed at 10,363.65, still a new high, up by 40.60 points, or 0.39 per cent. The stocks which gained the most from the BSE included PI Industries which zoomed 8.48 percent followed by Syndicate Bank and Jet Airways. In terms of investments, provisional data with the exchanges showed that foreign institutional investors (FIIs) sold scrip worth ...
  • Constellation Brands takes 9.9% stake in Canopy Growth

    Constellation Brands takes 9.9% stake in Canopy Growth

    Finance

    Constellation Brands (NYSE: STZ ) last issued its quarterly earnings results on Thursday, October 5th. Tompkins Financial Corp now owns 1,110 shares of the company's stock worth $184,000 after buying an additional 340 shares during the last quarter.
  • Vehicle sales drive rise in U.S. consumer spending

    Vehicle sales drive rise in U.S. consumer spending

    Finance

    The Commerce Department said that even though the agency is unable to quantify the recent storms' impact on personal-income figures, the August and September estimates of personal income reflect the effects of Hurricanes Harvey and Irma, which shut down parts of Texas and Florida , and have propelled rebuilding efforts.
  • Cooper Tire & Rubber Company (CTB): Will The Growth Last?

    Finance

    Other analysts also recently issued reports about the company. The company reported $0.70 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.03. The stock was sold at an average price of $33.26, for a total transaction of $249,450.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink .
  • AkzoNobel Unit Eyes Merger Of Equals With $8B Axalta

    Finance

    The low EPS estimate is $0.16, while the high EPS estimate is $0.37. If it's only the one trading day, it can be dismissed as an anomaly. After Friday's gain, Axalta is an $8 billion company by market cap. In related news, EVP Steven R. Markevich sold 921 shares of Axalta Coating Systems stock in a transaction on Monday, October 3rd. Insider activity is often a strong indicator of future performance in a stock, and if the data on AXTA is anything to go by, investors should pay attention.
  • EasyJet's shares fuelled by Air Berlin deal

    EasyJet's shares fuelled by Air Berlin deal

    Finance

    The deal would make easyJet , which already has a base at the smaller Schonefeld airport, the leading airline in the German capital, it said. The carrier said in a statement that it will take over Air Berlin's landing slots and leases for up to 25 A320 aircraft at the airport.
  • Chilly night for trick-or-treaters

    Chilly night for trick-or-treaters

    Finance

    Winds will increase through Monday afternoon with gusts to 25 and 30 miles per hour. Rain totals are expected to be less than 1/2 of an inch. Sunny skies throughout the morning and into the afternoon.but chilly with highs in the upper 40s.
  • CVS Health Corporation (CVS) Given Media Impact Score of 0.18

    Finance

    Cvs Health Corp Com now has $70.13 billion valuation. The stock saw a move of -5.89% during the latest trading session. About 32.62 million shares traded or 352.43% up from the average. The stock of Carnival Corp (NYSE:CCL) has "Buy" rating given on Wednesday, November 25 by HSBC. On Monday, June 20 the stock rating was downgraded by Morgan Stanley to "Equal-Weight".
  • HSBC third quarter profits surge, led by growth in Asia

    Finance

    Gulliver said the bank had "maintained good momentum in the third quarter", with higher revenue across its main global businesses. The bank had in 2015 set out a plan to axe 50,000 jobs and exit non-core markets, as it also navigated a series of damaging probes into HSBC operations.