Finance

General Motors Inks $120M Deal on Ignition-Switch Fiasco

General Motors Inks $120M Deal on Ignition-Switch Fiasco Under terms of the settlement, which included 49 states and the District of Columbia, GM agreed that all recall repairs must be completed before its certified pre-owned vehicles can be advertised as safe. The recalls prompted an industry wide jump in recalls in 2014 to an all-time record and cast a spotlight on GM's safety record as Barra testified before the Congress. [Full Article...]

Empire State & One World Trade go orange for NYC's Amazon HQ2 bid

Empire State & One World Trade go orange for NYC's Amazon HQ2 bid As cities around the country put in their bid for Amazon's second headquarters, Gilbert is making a push for Detroit to get the hotly anticipated expansion. Credit ratings and research company Moody's has ranked Austin as the most likely to win based on its labor pool, costs of doing business and quality of life, among other criteria. [Full Article...]

CVS Corporation (NYSE:CVS) Valuation According To Analysts

CVS Corporation (NYSE:CVS) Valuation According To Analysts Petrus Lta stated it has 3.74% of its portfolio in CVS Health Corp (NYSE:CVS). CVS Health has a payout ratio of 36.59%, meaning the dividend is sufficiently covered by earnings. The average estimate of Wall Street analysts had projected 1.31. About 47,956 shares traded. CVS Health Corporation's quarterly revenue was up 4.5% compared to the same quarter previous year. [Full Article...]

Restaurant owner proudly defends serving Popeye's chicken on her menu

Restaurant owner proudly defends serving Popeye's chicken on her menu She says she reached out to Popeyes for approval to officially add them to her menu and hasn't heard back. She says that it's never been a secret that she's been using Popeye's for the four months or so the item has been on her menu. "You don't want to eat it, don't eat it". Cooks then reheat it in the restaurant's ovens, The Post reported . The fact that she touts her "made from scratch" items... [Full Article...]

Air Berlin pilot under investigation for boisterous farewell flight

Air Berlin pilot under investigation for boisterous farewell flight It returned back on the runway after making low pass around the control tower, which is not normal for a pilot to do if there is no immediate crisis either at the airport or something wrong with the mechanics of the flight. A German aviation watchdog is scrutinizing a fly-past by Air Berlin's last long-haul flight to its hub in Duesseldorf, which German media said was the pilot's unique way of say... [Full Article...]

China's fixed-asset investment growth eases further

China's fixed-asset investment growth eases further In all, economic performance was solid and on track to comfortably beat the government's target of around 6.5 percent for this year. China's economy has surprised global financial markets and investors with robust growth so far this year, driven by a renaissance in long-ailing "smokestack" industries such as steel. [Full Article...]

Investors Sell Wal-Mart Stores, Inc. (WMT) on Strength (WMT)

Insiders have sold 9,924,828 shares of company stock worth $785,676,492 in the last quarter. Smith Asset Management Group Lp who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $342.61B market cap company. [Full Article...]

Nissan to suspend new vehicle shipment in Japan over renewed inspection scandal

While Nissan has said the misconduct has no impact on the quality of its vehicles, it has raised questions about how closely rules are followed at its production plants, while also highlighting compliance issues at Japanese manufacturers. The automaker plans to reinspect 34,000 vehicles made between September 20 and October 18, 2017, and is now mulling reinspection of all unregistered vehicles now... [Full Article...]

US Jobless Claims Fall to 44-Year Low After Hurricane Disruptions

Many applying for unemployment benefits in Puerto Rico and the U.S. Virgin Islands, which were recently devastated by Hurricanes Irma and Maria, must submit paper applications because power outages and infrastructure damage are disrupting the electronic process. [Full Article...]

USA regulators approve 2nd gene therapy for aggressive lymphoma

USA regulators approve 2nd gene therapy for aggressive lymphoma Patients must first have their immune cells removed, then modified in a lab for re-infusion. FDA approved on Wednesday axicabtagene ciloleucel (Yescarta-Kite Pharma), a cell-based gene therapy, for the treatment of adults with certain types of large B-cell lymphoma who have not responded to or who have relapsed after at least two other kinds of treatment. [Full Article...]

Hurricanes and poor weather hit Unilever

Hurricanes and poor weather hit Unilever Unilever , which makes products like Marmite and Ben & Jerry's ice cream, said growth in the third quarter was hampered by natural disasters in the Americas and poor weather in Europe, causing the company's shares to slump. Life is becoming more hard for the consumer goods giants, as competition from smaller, nimbler players intensifies and consumer preferences shift towards niche and alternative ... [Full Article...]

Traders Secrets on Bank of America Corporation (BAC), Micron Technology, Inc. (MU)

Traders Secrets on Bank of America Corporation (BAC), Micron Technology, Inc. (MU) Procter And Gamble now has $236.11 billion valuation. South Dakota Invest Council invested in 0.07% or 146,200 shares. About 21.95M shares traded. (GAM) has risen 23.98% since October 18, 2016 and is uptrending. Agf Investments accumulated 13,000 shares or 0% of the stock. Veritable LP has invested 0.21% in Bank of America Corp (NYSE: BAC ). Mckinley Mgmt Delaware invested in 1.62M shares. [Full Article...]

Abbott Laboratories Setting The Table For Earnings

Abbott Laboratories Setting The Table For Earnings If the $60.97 PT is reached, the company will be worth $8.75B more. Analysts await Praxair, Inc. The stock witnessed 9.96% gains, 7.06% gains and 0.48% gains for the 1-month, 3-month and 6-month period, respectively. The healthcare product maker reported $0.66 EPS for the quarter, beating the Zacks' consensus estimate of $0.65 by $0.01. Mcrae Cap Inc, New Jersey-based fund reported 9,204 shares. [Full Article...]

Hewlett Packard Enterprise Company (NYSE:HPE) 52 Week low stands at 12.26

This recommendation lands on a scale between 1 and 5. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Victory Capital Management Inc. Hewlett Packard Enterprise Company (NYSE: HPE ), maintained return on investment for the last twelve months at -, higher than what Reuters data shows regarding industry's average. [Full Article...]

Harley-Davidson profit slides on weak United States market

ValuEngine lowered shares of Harley-Davidson from a "buy" rating to a "hold" rating in a research report on Tuesday, August 1st. Considering that's the business Harley-Davidson is trying hard to grow, this is not good news. Harley-Davidson is managing this weakness by ensuring that the supply is in line with demand (lower production) and through aggressive cost management. [Full Article...]

Priyank returns to the house with advice from sallu

Priyank returns to the house with advice from sallu According to Indian Express report, the makers have made a decision to bring back Priyank after he was evicted after a physical brawl with Akash Dadlani. Along with her, heartthrob Priyank Sharma will also come back into the house as a wild card entry, the report suggests. Salman asked him to walk out of the house as he was the first to get physical and grab Akash's collar. [Full Article...]

Summit Midstream Partners, LP (NYSE:SMLP) Position Raised by CNH Partners LLC

It has underperformed by 1.42% the S&P500.The move comes after 7 months negative chart setup for the $680.64M company. It was reported on Oct, 18 by Barchart.com. Skba Mngmt Limited Liability Company reported 133,700 shares. Next quarter's EPS is estimated at $0.12 with next year's EPS anticipated to be $0.76. The insider Fooks Elik I sold $477,113. [Full Article...]

After Trump's warning, McCain says, 'I have faced tougher adversaries'

After Trump's warning, McCain says, 'I have faced tougher adversaries' The senator was the decisive vote that crushed the Republican healthcare effort this summer, and he has often been publicly critical of Trump. John McCain has denounced "half-baked, spurious nationalism" during a speech at his National Constitution Centre Liberty Medal ceremony, in a thinly veiled dig at Donald Trump . [Full Article...]

Anthem Breaks With Express Scripts, Will Start Own Drug Plan

Express Scripts has $96 highest and $57 lowest target. This is lower than the both industry's 90.29 and the wider sector's 13.11. Express Scripts has countersued and denied allegations of overcharging. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of USA & worldwide copyright laws. Several other hedge funds also recently modified... [Full Article...]

IBM beats revenue estimates; hints at sales growth

IBM beats revenue estimates; hints at sales growth More notable recent International Business Machines Corp . The stock declined 0.17% or $0.25 reaching $146.57 per share. About 973 shares traded. "Increases Stake in International Business Machines Corporation ( IBM )" was reported by Week Herald and is the sole property of of Week Herald. [Full Article...]


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