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Finance

The stock decreased 3.33% or $0.6246 during the last trading session, reaching $18.1354. The shares were purchased at an average cost of $18.27 per share, with a total value of $1,096,200.00. Comstock Elizabeth J sold $633,375 worth of stock. Among 23 analysts covering QEP Resources ( NYSE:QEP ), 14 have Buy rating, 1 Sell and 8 Hold. Therefore 30% are positive.
  • PM Modi inaugurates Barmer oil refinery

    PM Modi inaugurates Barmer oil refinery

    Finance

    Urging the country to work in unison, he said that this is a time for "Sankalp se Siddhi". Taking further jibes at Congress, he said that they want people to dig pits even after 70 years of independence. "For them, "garibi hatao" was an attractive slogan". Continuing his attacking mode, Modi said "When we assumed office, one of the first things we did was to see what work has been done on promises made earlier in the Railway Budget".
  • New level of cooperation between Malaysia and Singapore

    New level of cooperation between Malaysia and Singapore

    Finance

    The two projects are worth a combined S$11bil (RM33bil) in gross development value. Both Malaysian and Singapore would have their Custom, Immigration and Quarantine (CIQ) facilities in Bukit Chagar and Woodlands North to facilitate passenger flow.
  • Paragon Capital Management Ltd Has $2.13 Million Holdings in Johnson & Johnson (JNJ)

    Finance

    First Foundation Inc. (NASDAQ:FFWM) has risen 43.47% since January 16, 2017 and is uptrending. It has underperformed by 4.16% the S&P500. YorkBridge Wealth Partners LLC grew its stake in shares of Johnson & Johnson (NYSE: JNJ ) by 2.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
  • AT&T being urged to stop its commercial relationship with Huawei

    AT&T being urged to stop its commercial relationship with Huawei

    Finance

    One of the ties that members of the House and Senate want to be cut by AT&T is a collaboration the carrier has with Huawei related to the standards for the next generation high-speed 5G network, said the sources. Huawei hasn't commented on this report but it did point out to the scribe that it sells its equipment through more than 45 of the top 50 carriers in the world and views the privacy and security of its customers as a top priority.
  • Premier Foods posts third quarter sales increase

    Premier Foods posts third quarter sales increase

    Finance

    The company said sales rose 4% to £261.4m, with sales of its own brands up 0.7% and products it manufactures for retailers' brands rising 17%. The company also announced that it had sold a record 220 million mince pies in 2017, around 4 million more than in 2016, providing a boost to its non-branded sweet treat sales, which grew 19.6%.
  • Tyman PLC 9.3% Potential Upside Indicated by Liberum Capital

    Tyman PLC 9.3% Potential Upside Indicated by Liberum Capital

    Finance

    The company has market cap of $5.18 billion. The stock increased 0.20% or GBX 2 during the last trading session, reaching GBX 1009. Another trade for 10,469 shares valued at $1.70 million was sold by Srouji Johny. Wells Fargo & Company had 117 analyst reports since July 29, 2015 according to SRatingsIntel. The company was initiated on Thursday, January 12 by RBC Capital Markets.
  • What Is Insider Trading Activity Like At Mondelez International, Inc. (MDLZ)?

    Finance

    Pershing Square Capital Management Lp who had been investing in Mondelez Intl Inc for a number of months, seems to be less bullish one the $63.47B market cap company. Nordea Invest Mgmt reported 0% of its portfolio in FleetCor Technologies, Inc. 118,239 are owned by Cornercap Investment Counsel. State Bank Of Nova Scotia holds 0.1% or 5.56M shares in its portfolio.
  • Blackberry 'Jarvis' To Reveal Security Flaws In Self-Driving Cars

    Blackberry 'Jarvis' To Reveal Security Flaws In Self-Driving Cars

    Finance

    While best known for its formerly popular line of smartphones, which faded into obscurity with the rise of the iPhone and Android, BlackBerry started off in the field that would today be called the "Internet of Things", developing tools for linking devices such as point-of-sale terminals to data networks.
  • AI Scores Better Than Humans in Key Stanford Reading and Comprehension Test

    AI Scores Better Than Humans in Key Stanford Reading and Comprehension Test

    Finance

    Pranav Rajpurkar, a Stanford artificial intelligence researcher and designer of the test, wrote on Twitter that the achievement is a harbinger more good things to come for AI in 2018. A handful had participated multiple times in the past year including Microsoft Research Asia, which previous score of 82.136 was clocked on December 17, 2017, while Alibaba's previous score of 79.199 was recorded on December 28, 2017.
  • BP Deepwater Horizon costs balloon to $65-billion

    BP Deepwater Horizon costs balloon to $65-billion

    Finance

    BP p.l.c. (NYSE:BP)'s stock on Friday traded at beginning with a price of $43.74 and when day-trade ended the stock finally gained 1.48% to reach at $43.91. In 2016, a U.S. court signed off on BP's civil settlement for $18.7bn relating to the incident. Still, there was a risk that the final bill could rise again, Brendan Warn, analyst at BMO Capital Markets said.
  • More Snow Expected Monday Afternoon Into Tuesday

    More Snow Expected Monday Afternoon Into Tuesday

    Finance

    Afternoon highs will be in the mid 30s Tuesday , will fall below freezing by mid afternoon, and will continue to fall through the 20s and into the lower teens overnight, with even the possibility of some single digits for those colder spots Wednesday morning .
  • December CPI inflation over 5.2%, dashing hopes of RBI rate cut

    December CPI inflation over 5.2%, dashing hopes of RBI rate cut

    Finance

    Germany's consumer price inflation accelerated to a five-year high in 2017, final data published by Destatis showed Tuesday. Maike Currie, investment director for personal investing at Fidelity International, said: "While price pressures may have eased slightly, this will be cold comfort to cash-strapped consumers who are still suffering a pay cut in real terms as inflation continues to outpace wage growth (including bonuses) at around 2.5%".
  • Dozens of Sam's Club Locations Are Suddenly Closing Across the Country

    Dozens of Sam's Club Locations Are Suddenly Closing Across the Country

    Finance

    Among the stores that will be closing are the Sam's Clubs in Norfolk and Richmond , according to Business Insider . The store in Jamestown was closed today and the announcement was made to employees on Thursday. The move comes the same day as Walmart , which owns Sam's Club , announced it was boosting starting pay to $11 an hour and giving a $1,000 bonus to certain employees.
  • DNB Financial Corporation (DNBF) Analysts See $0.53 EPS

    Finance

    River & Mercantile Asset Management Llp bought 15,000 shares as the company's stock declined 6.00% while stock markets rallied. The institutional investor held 351,365 shares of the major banks company at the end of 2017Q3, valued at $6.43M, up from 306,830 at the end of the previous reported quarter.
  • Anadarko Petroleum (APC) Rating Increased to Buy at Seaport Global Securities

    Finance

    The stock increased 1.39% or $26.3 during the last trading session, reaching $1919.4. The company saw 4.88 million shares trade hands over the course of the day. Cornerstone Mngmt Hldg Ltd holds 123,629 shares. Cullinan Associates Incorporated, a Kentucky-based fund reported 134,693 shares. Cwm Ltd Limited Liability Company reported 0.05% of its portfolio in Anadarko Petroleum Corporation (NYSE: APC ).
  • Ireland braces for snow and flooding as polar air mass arrives

    Ireland braces for snow and flooding as polar air mass arrives

    Finance

    Here temperatures will be close to or just below freezing, while much of England and Wales temporary turn milder with temperatures 7 to 9C for a while. "It is also going to be accompanied by some cold winds as well, gale-force winds at time across the south, mainly coastal sites and exposed hills".
  • Shell gives green light for revival of Penguins field in North Sea

    Shell gives green light for revival of Penguins field in North Sea

    Finance

    It says the opportunity presents a break-even price below $40 (£29) per barrel, with peak production expected to hit around 45,000 barrels of oil equivalent each day. The UK Oil and Gas Authority predicts that it will cost nearly £60bn to decommission the North Sea's existing oil and gas infrastructure between now and the 2050s with tax payers footing about 40 per cent of the bill.
  • Carillion plc goes into liquidation

    Finance

    Jenkin said: "You've got to treat yourself much more as a branch of the public service, not as a private company just there to enrich the shareholders and directors". Carillion needed £300m of short-term funding to survive, but its bankers were reluctant to commit to any lending without support from the government, Sky News reported.
  • Carillion staff and suppliers told to carry on working

    Finance

    PwC has set up a website here to advise the industry after Carillion collapsed on Monday morning. "Let's not forget that £10.5 billion of the United Kingdom construction industry's annual turnover is withheld in retentions by clients and large contractors from regional SMEs in their supply chain".