Economy

Former Volkswagen exec pleads guilty in 'Dieselgate' emissions cheating case

Oliver Schmidt is a former manager of a VW engineering office in suburban Detroit. Another former Volkswagen executive has already pleaded guilty. Schmidt's attorney declined to comment after the plea hearing. Schmidt had been arraigned Thursday on revised charges and stood mute to charges. He remains jailed and is scheduled to be sentenced December 6. While heading Volkswagen's environment and engineering office in MI from 2012 to early 2015, he liaised with US and California ...

Blue Apron's struggles continue, company plans to cut 24% of workforce

They issued a "buy" rating and a $11.00 price objective for the company. Royal Bank Of Canada initiated coverage on shares of Blue Apron Holdings in a research note on Monday, July 24th. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and global trademark & copyright laws.

CFPB Seeks To Improve Overdraft Disclosure

What makes this all particularly perverse is that the CFPB estimated in previous studies that most debit card transactions leading to overdrafts are $24 or less . "Banks provide consumers with clear, concise procedures for opting into overdraft services", said Consumer Bankers Association President and CEO Richard Hunt.

Scripps Networks Interactive, Inc (NASDAQ:SNI) Quarterly Analytical Analysis

In other Scripps Networks Interactive news, major shareholder Margaret Scripps Klenzing sold 46,466 shares of Scripps Networks Interactive stock in a transaction that occurred on Monday, May 8th. As the P/E goes up, it shows that current investor sentiment is that the company is worth more. Its up 0.02, from 1.08 in 2016Q3. 57 funds opened positions while 112 raised stakes.

Ambev SA (ADR) (NYSE:ABEV), Cognizant Technology Solutions Corp (NASDAQ:CTSH)

International Business Machines Corporation had a return on equity of 71.53% and a net margin of 14.58%. If the $73.13 PT is reached, the company will be worth $1.25B more. GW Henssler & Associates Ltd. increased its stake in shares of Cognizant Technology Solutions Corporation by 2.2% in the second quarter. 9,776 were accumulated by Meeder Asset Inc.

American Railcar Industries Inc

The fund owned 6,999 shares of the transportation company's stock after buying an additional 893 shares during the period. (NASDAQ:RAIL) on Wednesday, November 2 with "Market Perform" rating. 03/01/2017 - Freightcar America, Inc. had its "hold" rating reiterated by analysts at Stifel Nicolaus. The stock has "Hold" rating by Topeka Capital Markets on Friday, July 24.

Getty Realty Corp (GTY): Indicators in Focus

The firm has "Buy" rating by BB&T Capital given on Thursday, November 12. On August 22 the stock rating was downgraded to "Market Perform" from "Outperform" in a report from JMP Securities. Company insiders own 0.26% of the company's stock. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% in Paragon Group of Companies PLC (LON:PAG).

Janus Capital Management LLC Raises Stake in East West Bancorp, Inc. (EWBC)

For the quarter, shares are performing at 2.37%. It is positive, as 20 investors sold East West Bancorp, Inc. shares while 114 reduced holdings. East West Bancorp now has $8.27B valuation. (NASDAQ:EWBC) for 427,467 shares. Pinebridge Investments Limited Partnership reported 0.08% in Great Western Bancorp Inc (NYSE:GWB). (NASDAQ:EWBC). 11.27 million are owned by Vanguard Gru.

Itau Unibanco Banco Holding SA (NYSE:ITUB) Analyst Coverage

Tightening the gaze, stock performance for the last 5 trading days is 6.24%. Now the shares of Itau Unibanco Holding S.A. ( ITUB ) has the trading volume of 16.6 Million shares with the average trading volume of 13290 shares. Coronation Fund Managers Ltd.'s holdings in Itau Unibanco Banco Holding SA were worth $10,657,000 as of its most recent SEC filing. LLC raised its stake in shares of Itau Unibanco Banco Holding SA by 5.8% in the first quarter.

Interest rates will soon become reasonable, says Finance Minister

ETF functions like a mutual fund scheme and is bought by investors as units. "Energy" has the second highest weightage of 17.5% with Nalco, ONGC, Indian Oil Corporation, BPCL and Coal India as its constituents. ETF investment is less risky and provides liquid assets which are traded real time and is a transparent mode of investment, Jaitley pointed out. We take a look at how the new Bharat-22 ETF will be different from the existing CPSE ETF.

Ocwen Financial Corp (OCN) — Trending Stock Buzz

The Return on Equity ratio of Ocwen Financial Corp. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.

What Do Analysts Say About Bank of America Corporation (BAC)

Advisor Partners Llc who had been investing in Bank Of America Corporation for a number of months, seems to be bullish on the $246.46B market cap company. Pitcairn has 116,057 shares for 0.32% of their portfolio. Bank of America Corporation (NYSE:BAC) was the recipient of a significant growth in short interest in July.

Washington Trust Bank Has $140000 Stake in Tyson Foods, Inc

BlackRock Inc. now owns 19,055,591 shares of the company's stock worth $1,175,919,000 after buying an additional 18,294,771 shares in the last quarter. The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.225 per share.

Elliott discloses NXP stake, Qualcomm's $38 billion bid in its radar

The stock declined 0.65% or $0.51 reaching $78.09 on the news. About 1.67 million shares traded. Analysts await Aclaris Therapeutics Inc (NASDAQ:ACRS) to report earnings on August, 10. Canaccord Genuity maintained it with "Hold" rating and $11000 target in Monday, July 10 report. As per Tuesday, April 19, the company rating was downgraded by Raymond James.

Genworth Financial Inc (NYSE:GNW) Lowered to Sell at BidaskClub

The rating was maintained by Deutsche Bank with "Buy" on Wednesday, August 17. The rating was maintained by Wells Fargo on Tuesday, August 1 with "Hold". On average, equities analysts expect that Genworth Financial Inc will post $1.02 EPS for the current fiscal year. Therefore 13% are positive. Genworth Financial had 20 analyst reports since August 5, 2015 according to SRatingsIntel.

Pharma Bro Martin Shkreli Found Guilty on 3 of 8 Counts

Shkreli was convicted of two counts of securities fraud and a single count of conspiracy to commit securities fraud. The verdict came on the fifth day of deliberations in Brooklyn federal court. Shkreli first came to fame in the USA for buying the rights to a life-saving drug and then immediately raising the price to $750 a pill from $13.50. That episode is unrelated to the fraud case.

Callon Petroleum Company (NYSE:CPE) Shares on the Go mid-Session

The day began at US$11 but the price moved to US$10.515 at one point during the trading and finally capitulating to a session high of US$11.03. Callon Petroleum Company (NYSE:CPE) is worth US$2.18 Billion and has recently fallen -3.13% to US$10.84.

Traders Buy Applied Materials, Inc. (NASDAQ:AMAT) on Weakness

Target Corporation (NYSE:TGT) has declined 16.51% since August 4, 2016 and is downtrending. It has outperformed by 10.67% the S&P500. Sowell Financial Services LLC increased its position in shares of Applied Materials by 29.6% in the first quarter.

New US-India body sets target to strengthen bilateral cooperation

He said there are many examples of partnerships between two companies that have led to more jobs in both the USA and India, and there is a need to communicate such instances better, rather than rare cases of job losses that are an exception.

Penn National Gaming, Inc. (NASDAQ:PENN) Downgraded by ValuEngine

It has outperformed by 16.36% the S&P500. Out of 2 Wall Street analysts rating Hospitality Props, 1 give it "Buy", 1 "Sell" rating , while 0 recommend "Hold". 25,050 shares were sold by Asbury Kenneth , worth $3.13M on Tuesday, May 9. Since an alpha above 1 hints at more gains, investors can predict some further rally scope.

Alibaba Group Holding Ltd (NYSE:BABA) Rises 0.59% Pre-Market

Heading into the stock price potential, Alibaba Group Holding Limited needs to grow just 10.88% to cross its median price target of $170. It has outperformed by 40.63% the S&P500. It is down 0.00% since August 4, 2016 and is. Its up 0.09, from 0.91 in 2016Q3. BABA's average Beneish M-Score: -1.31 during the last 7 years. 38 funds opened positions while 58 raised stakes.

Arista Networks, Inc. (NYSE:ANET) Soars 15% in Pre-Market Trade

State Street Corp owned about 1.02% of Arista Networks worth $97,186,000 at the end of the most recent quarter. Several institutional investors have recently added to or reduced their stakes in the stock. Analysts forecast that Arista Networks , Inc. will post $3.96 EPS for the current fiscal year. COPYRIGHT VIOLATION WARNING: " Arista Networks' (ANET) Hold Rating Reiterated at Stifel Nicolaus" was originally reported by Stock Observer and is the sole property of of Stock Observer.

Analyzing Analyst Recommendations: Guess', Inc. (GES), Freeport-McMoRan Inc. (FCX)

A number of other equities analysts also recently weighed in on the company. The stock had a trading volume of 7,833,988 shares. Hsbc Hldgs Public Ltd Liability Corp holds 1.14M shares or 0.03% of its portfolio. RBC Capital Markets has "Outperform" rating and $56 target. Thanks to a rise of nearly 0.78% in the past five days, the stock price is now up 14.64% so far on the year - still in strong territory.

Kinross Gold Corporation (KGC) hit his 1-Year Low price on 12/22/16

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report.

FedEx Will Not Do Holiday Surcharges This Year

On an average day, FedEx delivers more than 12 million packages to businesses and homes, but that can jump to 25 million on peak days in December. Oversized holiday-season deliveries have more than tripled in the past 10 years and now make up one-tenth of all FedEx Ground's volume, the shipper said.

Shake Shack, Inc. (NASDAQ:SHAK) Expected To Report Earnings On Thursday

Finally, ValuEngine upgraded shares of Shake Shack from a sell rating to a hold rating in a report on Friday, May 19th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock.

Euro Little Changed After Eurozone GDP Data

The Pound has seen mixed movement against a sturdy Euro this week and has been unable to sustain any notable gains. While Sterling benefitted briefly from the strong United Kingdom manufacturing PMI earlier in the week, it was unable to sustain any gains and still trends near the week's opening levels.

Private Capital Management Inc. Sells 2750 Shares of Wells Fargo & Company

About 248,889 shares traded. Konared Corp (OTCMKTS:KRED) has 0.00% since August 4, 2016 and is. It has underperformed by 18.29% the S&P500. Bremer Trust National Association decreased its stake in Wells Fargo & Co (WFC) by 33.1% based on its latest 2016Q4 regulatory filing with the SEC.

Luggage contaminated by sewage water at Nashville airport

Officials said the toilet inside the airport overflowed because it was stuffed full with paper towels. The overflowing water went down a drain and seeped through the ceiling, dripping onto bags from a Southwest flight. The exact number was not released. While that isn't the same as splattering bags with raw sewage, airport officials still took precautions, and brought in an environmental cleanup crew.

Public Storage (NYSE:PSA) Price Target Lowered to $250.00 at Argus

They now have a Dollars 224 price target on the stock. Citigroup Inc. restated a "buy" rating and set a $92.00 price objective (down previously from $100.00) on shares of Life Storage in a report on Sunday, May 14th. The stock has an average rating of Hold and a consensus price target of $221.64. Public Storage (NYSE:PSA) tumbled -10.36% year-to-date. Life Storage , Inc.

Russia's diamond giant says 16 missing after mine flooded

Emergency Ministry workers count miners walking out of Russian diamond miner Alrosa's underground Mir mine after the pit was flooded, near the town of Mirny in the Republic of Sakha (Yakutia), Russia, August 4, 2017. Alrosa said earlier Friday that a water breakthrough occurred at the Mir mine. The cause of the flooding was under investigation. Up to 2001, Alrosa used opencast mining at the Mir site, which has been used for diamond production since 1955.

Lower sales, higher cost cut into Cooper Tire's earnings

The company reported $0.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.75 by $0.05, Bloomberg Earnings reports. Jefferies maintained Goodyear Tire & Rubber Co (NASDAQ:GT) on Friday, July 28 with "Buy" rating. From the start of year 2017 to present date GT reported surged performance of 0.78%.

Insider Trading at MGM Resorts International?

MGM has been the subject of several research reports. During the same quarter in the prior year, the firm posted $0.29 earnings per share . A number of key analysts, polled by FactSet, shared their views about the current stock momentum.

Yelp to sell Eat24 for $287.5 million, authorizes share repurchase

Pier 88 Investment Partners LLC's holdings in Yelp were worth $528,000 at the end of the most recent quarter. A number of hedge funds have recently made changes to their positions in the company. On the bottom line, that translated to adjusted net income of $21.6 million, or $0.25 per diluted share, which was also above investors' expectations for a loss of $0.03 per share and up from earnings of $12.5 million, or $0.16 per share in the same year-ago period.

Needham & Company LLC Upgrades Electro Scientific Industries, Inc

It represents the location of the previous close relative to the price range over a set number of periods. About 9,478 shares traded. It turned negative, as 19 investors sold Electro Scientific Industries, Inc. A statistical measure of the dispersion of returns (volatility) for ESIO producing salvation in Investors mouth, it has week volatility of 4.44% and for the month booked as 3.85%.