Finance

Blue Apron Rises After Revenue Beats Forecasts

Blue Apron Rises After Revenue Beats Forecasts But Blue Apron has many rivals, including HelloFresh and Plated, and there are concerns that competition to deliver groceries to people's doorsteps will only heat up after e-commerce giant Amazon .com Inc. The company reported an 18% increase in revenue to $238.1 million in the three months ended in June, beating a Factset consensus of $236 million. Blue Apron's average revenue per customer... [Full Article...]

Stocks Recover To Thin Losses; Retail Names Hit Hard

Stocks Recover To Thin Losses; Retail Names Hit Hard Japan is the world's biggest creditor nation and there is an assumption Japanese investors may repatriate their foreign holdings in times of heightened global uncertainty. U.S. equities had been on track for a 10th-straight record session Tuesday and the dollar was initially up after the JOLTS survey showed job openings hit a record in the United States last month. [Full Article...]

Animal fat to stay in United Kingdom banknotes after BOE rejects palm oil

Animal fat to stay in United Kingdom banknotes after BOE rejects palm oil In a decision that will anger vegans across the United Kingdom, the Bank of England has rejected the introduction of palm oil as a replacement for the use of animal fats in future production runs of polymer bank notes, citing environmental concerns and excessive costs. [Full Article...]

Disney discloses $177M charge in wake of BPI settlement

Disney discloses $177M charge in wake of BPI settlement The multi-million settlement ended the trial before BPI finished presenting its case to the Union County jury. BPI could have been seeking damages as high as $1.9 billion, according to the SEC filing from Disney. ABC called the settlement "amicable resolution". "ABC made us an offer that we just could not refuse", Roth said. "Although we concluded that continued litigation of this case is not in... [Full Article...]

BidaskClub Upgrades Rockwell Collins, Inc. (NYSE:COL) to Hold

BidaskClub Upgrades Rockwell Collins, Inc. (NYSE:COL) to Hold Sabal Trust CO's holdings in Rockwell Collins were worth $393,000 as of its most recent filing with the SEC. The company's institutional ownership is monitored at 72 percent. On Monday, March 20 MAHONEY COLIN R sold $1.39M worth of Rockwell Collins, Inc. Rockwell Collins announced that its board has approved a stock buyback plan on Friday, July 7th that allows the company to buyback $200.00 mi... [Full Article...]

Tui hits profit milestone as it prepares to ditch Thomson name

Tui hits profit milestone as it prepares to ditch Thomson name Underlying EBITA climbed 18.7 per cent to €191 million. "We are delivering growth and reiterating our guidance". European tourism group TUI stuck to its profit target for the year as it made a nine-month core profit for the first time and said it expected annual turnover to rise by more than 3 percent. [Full Article...]

CI Investments Inc. Sells 7600 Shares of CVS Health Corporation (CVS)

CI Investments Inc. Sells 7600 Shares of CVS Health Corporation (CVS) Blackrock Fund Advisors who had been investing in Lcnb Corp for a number of months, seems to be bullish on the $200.08 million market cap company. It closed at $0.11 lastly. The stock has a consensus rating of "Buy" and an average target price of $91.27. The ex-dividend date was set for Thursday the 20th of July 2017. "On June 28 analysts at Needham began coverage of the stock with a rating of "... [Full Article...]

Eggs recall: 700000 distributed in United Kingdom contaminated with fipronil pesticide

Eggs recall: 700000 distributed in United Kingdom contaminated with fipronil pesticide The FSA said it was "reminding food businesses of their legal responsibilities which include informing the FSA or FSS, and relevant local authorities immediately if they have any reason to believe that a food which they have imported, produced, processed, or distributed does not comply with food safety requirements". [Full Article...]

Technical Analysis That Matters: Pacific Biosciences of California, Inc. (PACB), Centene Corporation

RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. LLC acquired a new stake in shares of Pacific Biosciences of California during the second quarter worth $5,363,000. "(NASDAQ:PACB) is Trellus Management Company LLC's 6th Largest Position" was published by Chaffey Breeze and is the p... [Full Article...]

Acadia Realty Trust (AKR) Gives Forward Looking Guidance For Fiscal Year 17

Acadia Realty Trust (AKR) Gives Forward Looking Guidance For Fiscal Year 17 Independence Realty Trust ( NYSE:IRT ) opened at 10.12 on Friday. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.35. Great West Life Assurance Co. Pacer Advisors Inc. now owns 6,000 shares of the real estate investment trust's stock worth $218,000 after buying an additional 192 shares during the las... [Full Article...]

E*TRADE Financial Corporation (ETFC) Reaches New 52-Week High Following Strong Earnings

Weatherbie Capital Llc, which manages about $1.10B and $797.04M US Long portfolio, decreased its stake in Aerie Pharmaceuticals Inc Com (NASDAQ:AERI) by 265,684 shares to 117,434 shares, valued at $4.45M in 2016Q4, according to the filing. The firm has "Equal-Weight" rating by Morgan Stanley given on Tuesday, July 25. Credit Suisse maintained 2U Inc (NASDAQ:TWOU) on Tuesday, August 8 with "Outperf... [Full Article...]

Trump's "fire and fury" warning hits stocks, lifts Swiss franc and gold

The Swiss franc, by contrast, was on track for its biggest single-day rise in more than 2 1/2 years. Bordallo called on President Donald Trump to show "steady leadership" and work with the global community to de-escalate tensions and stop North Korea advancing its weapons programme. [Full Article...]

Stock's Traders Alert -: TD Ameritrade Holding Corporation (AMTD)

Valley National Advisers Inc. boosted its position in shares of TD Ameritrade Holding Corporation by 6.1% in the first quarter. Mewhirter now expects that the financial services provider will earn $0.43 per share for the quarter, up from their prior forecast of $0.40. [Full Article...]

Safe Haven Settling Down

The VIX last stood at 11.49, just below Tuesday's high of 11.52. Wall Street was poised for further losses at the opening bell, with Dow futures and the broader S&P 500 futures down 0.3 percent. The 10-year German bund yield traded at 0.43 percent while the 10-year USA yield declined to 2.243 percent. The Swiss franc, a barometer of risk sentiment, surged 0.6 percent to 0.9688 francs against t... [Full Article...]

DfT reveals victor of West Midlands rail franchise

DfT reveals victor of West Midlands rail franchise The fleet will be boosted by 400 new vehicles, which are to be in service by 2021. As part of the franchise deal, the Department for Transport (DFT) said that almost £1 billion would be invested in train services in the Midlands including 400 new carriages by 2021 and increased capacity on rush-hour services between Birmingham and London. [Full Article...]

Kotick Sells 2400 Shares of Activision Blizzard, Inc (NASDAQ:ATVI) Stock

Kotick Sells 2400 Shares of Activision Blizzard, Inc (NASDAQ:ATVI) Stock The dividend was $0.075 per share for the quarter which is $0.30 annualized. Chevy Chase Trust Hldgs reported 0.11% stake. Jefferies maintained Activision Blizzard, Inc . The stock declined 1.35% or $0.83 reaching $60.5 per share. About shares traded. Herbalife Ltd. (NYSE:HLF) has risen 20.65% since August 10, 2016 and is uptrending. [Full Article...]

Global safe-haven trades jump on escalating North Korea tensions

Global safe-haven trades jump on escalating North Korea tensions The Swiss franc is a traditional safe haven. "It's wonderful when you consider the headlines just how calm the equity markets are, how they've taken things in their stride", said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina. [Full Article...]

Stocks close lower again

Stocks close lower again South Korea's won currency dropped 0.9pc against the dollar to its lowest close since July 13. Eastern time. The Dow Jones industrial average slid 52 points, or 0.2 per cent, to 22,032. But the safe-haven Japanese yen strengthened 0.33 percent versus the greenback at 110.39 per dollar. Nitish Shah at ETF Securities said, "We believe continued sabre-rattling. [Full Article...]

Canaccord Genuity Raises IAMGOLD Corp (IMG) Price Target to C$9.50

Iamgold Corporation also posted earnings per share of $0.01 during the same quarter past year. The company's 5 year Earnings per share growth and Capital Spending growth remains at -34.63 and -7.09. The company now has a consensus rating of "Hold" and an average target price of $5.88. About shares traded. IAMGOLD Corp (TSE: IMG ) has 0.00% since August 8, 2016 and is. [Full Article...]

Asian shares, USA stock futures slip on rising Korean tensions

Asian shares, USA stock futures slip on rising Korean tensions But despite the largest percentage drop in over a month on a global equities index, USA equities ended only slightly lower as healthy corporate earnings and a recent string of strong economic data enticed investors into beaten-down stocks. The SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, dropped 0.03% to 786.87 tonnes on Monday, the lowest since March 2016. Gold prices ... [Full Article...]


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