Markets

Markets Deutsche Bank lifts second quarter profits after years of woe
Author: 0 Deutsche Bank lifts second quarter profits after years of woe

Baader Bank set a €36.00 ($41.86) target price on Deutsche Post AG and gave the company a "buy" rating in a research report on Wednesday, April 12th. Where 2017 was expected to be roughly in line with 2016 revenue, the bank said that after this quarter's poor performance, it now anticipates a revenue drop.

Markets Nifty falls below 10000, Sensex sheds almost 200 points in early trade
Author: 0 Nifty falls below 10000, Sensex sheds almost 200 points in early trade

It was trading at 32,642.91, showing a gain of 260.45 or 0.80 per cent at 1105 hrs. The broader NSE Nifty closed almost unchanged at 10,020.55, after earlier rising as much as 0.94 percent to an all-time high. Japan's Nikkei 225 gained 0.1 percent to 20,065.21 and Hong Kong's Hang Seng climbed 0.5 percent to 27,066.71. Taiwan's index climbed 0.9 percent after electronics maker Foxconn announced a $10 billion investment in Wisconsin that is expected to create 3,000 jobs.

Author: 0 MGM Resorts International (MGM) Receiving Somewhat Positive News Coverage, Analysis Shows

About 12.94M shares traded or 21.16% up from the average. Sarasin & Partners Llp bought 1.06 million shares as the company's stock declined 19.45% while stock markets rallied. Gamco Et Al reported 0.02% in MGM Resorts International (NYSE:MGM). COPYRIGHT VIOLATION NOTICE: "Wellington Shields Capital Management LLC Buys 2,254 Shares of MGM Resorts International (NYSE:MGM)" was originally reported by Transcript Daily and is owned by of Transcript Daily.

Markets SoftBank Reportedly Approached Uber About a 'Multibillion-Dollar Stake'
Author: 0 SoftBank Reportedly Approached Uber About a 'Multibillion-Dollar Stake'

The Bengaluru company has raised almost $400 million since November a year ago as it seeks to fortify its position as the first mover in the Indian taxi aggregation market. This grouping is evidently posing a huge threat to the already troubled San Francisco-based transportation company which saw its go-for-broke founder & CEO Travis Kalanick step down amid a string of sexual harassment and workplace issues which engulfed the startup since the beginning of the year.

Markets Wells Fargo & Company (WFC) Position Decreased by Middleton & Co Inc MA
Author: 0 Wells Fargo & Company (WFC) Position Decreased by Middleton & Co Inc MA

Janney Capital Management LLC increased its stake in shares of Wells Fargo & by 1.1% in the first quarter. Gruss Capital Management Lp, which manages about $3.35 billion and $4.19B US Long portfolio, decreased its stake in Verisign Inc (NASDAQ:VRSN) by 57,700 shares to 1.20 million shares, valued at $91.28M in 2016Q4, according to the filing.

Markets Questionable Underpinnings Lead FCA To Drop Libor For 2021
Author: 0 Questionable Underpinnings Lead FCA To Drop Libor For 2021

Bailey said that the regulator had agreed with the panel banks to sustain Libor through 2021 to smooth a transition to new rates. Envisaged as a so-called risk-free rate, a panel of major banks formerly under the auspices of the British Bankers' Association (BBA) reported the cost of borrowing in U.S.

Markets Some Ben & Jerry's ice cream flavors contain traces of weed killer chemical
Author: 0 Some Ben & Jerry's ice cream flavors contain traces of weed killer chemical

A risky ingredient is reported to be found in Ben & Jerry's ice cream flavors. Traces of a chemical used in weedkillers has been found in Ben & Jerry's ice cream products, according to a report. But these findings have also been called into question because researchers did not disclose the age of the rats and relied on a breed that is prone to tumors.

Markets Verizon Has Best Day In Years After Q2 Report
Author: 0 Verizon Has Best Day In Years After Q2 Report

Oakmont Partners LLC now owns 6,391 shares of the cell phone carrier's stock worth $285,000 after buying an additional 22 shares in the last quarter. It also reduced its holding in Aecom (NYSE:ACM) by 116,005 shares in the quarter, leaving it with 185,145 shares, and cut its stake in Barrick Gold Corp (NYSE:ABX).

Markets Procter & Gamble Company (The) (NYSE:PG) Trading Volume Significantly Lower
Author: 0 Procter & Gamble Company (The) (NYSE:PG) Trading Volume Significantly Lower

COPYRIGHT VIOLATION NOTICE: "Regent Investment Management LLC Has $5.48 Million Stake in Procter & Gamble Company (The) (PG)" was reported by Stock Observer and is owned by of Stock Observer. Legacy Private Tru reported 33,380 shares or 0.38% of all its holdings. Edgewood Limited Liability has 0% invested in Procter & Gamble Co (NYSE:PG). Woodstock holds 110,164 shares.

Markets Coca-Cola's Stock: Analysts Raise Target Prices after Q2 Earnings
Author: 0 Coca-Cola's Stock: Analysts Raise Target Prices after Q2 Earnings

Share performance for the month is now at 0.68%. The stock showed weekly upbeat performance of 1.26%, which was maintained for the month at 4.58%. Coca-Cola European Partners plc is a subsidiary of The Coca-Cola Company . If you are accessing this news story on another domain, it was stolen and republished in violation of global copyright and trademark laws. A number of research analysts recently commented on the company.

Markets Starbucks to close all 379 Teavana units
Author: 0 Starbucks to close all 379 Teavana units

Starbucks will assume 100% ownership of approximately 1,300 Starbucks stores in Shanghai and Jiangsu and Zhejiang Provinces, building on the Company's ongoing investments in China, its fastest-growing market outside of the United States in terms of store count.

Markets KLM works council under fire from Air France-KLM top
Author: 0 KLM works council under fire from Air France-KLM top

Air France-KLM will acquire a 31 percent stake in Virgin Atlantic , which is valued at about $287 million. The three airlines earlier announced a new transatlantic joint venture, which will replace two overlapping ventures - a partnership between Delta, Air France-KLM and Alitalia and another between Delta and Virgin Atlantic .

Markets Lyft teams up with Taco Bell for late night riders
Author: 0 Lyft teams up with Taco Bell for late night riders

But if there's any silver lining for Lyft drivers , it's this: Taco Bell and Lyft's Taco Mode promotion doesn't start until Thursday, and even then, it will only be available to riders in Orange County, Calif., between the hours of 9 p.m.

Markets Here's MTA's Fix for Overcrowded Subways
Author: 0 Here's MTA's Fix for Overcrowded Subways

At an MTA board meeting on Wednesday, the authority's chief financial officer Robert Foran pitched a different solution that's sure to infuriate every straphanger in the city. De Blasio criticized Lhota's call for more funding, saying the city has already committed $2.5 billion to the MTA's five-year capital plan, adding that the MTA has only spent a portion of that money.

Markets Democrats Want More Witnesses at House Internet Hearing
Author: 0 Democrats Want More Witnesses at House Internet Hearing

They're now being sued for breaking the Freedom of Information Act with respect to records about net neutrality, which is certainly a reassuring respect for accountability from an agency that now thinks looser regulations are the answer. "Your company has played a significant part in the public conversation to date, and your input would be invaluable", committee chair Rep. Greg Walden wrote in the letter to the group of executives.

Markets Pagegroup PLC (MPI) Given Buy Rating at Liberum Capital
Author: 0 Pagegroup PLC (MPI) Given Buy Rating at Liberum Capital

Rio Tinto PLC had 471 analyst reports since July 23, 2015 according to SRatingsIntel. As per Friday, November 27, the company rating was maintained by Numis Securities. The Company's portfolio includes various properties, such as Metal Box Factory, The Pill Box, Screenworks, The Light Bulb, The Biscuit Factory, Alexandra House, Archer Street Studios, Barley Mow Centre, Canalot Studios, Chiswick Studios, Clerkenwell Workshops, East London Works, Faircharm, Garratt Lane, The Record Hall, ...

Markets Uber CEO Short List Down to 6, Including Meg Whitman
Author: 0 Uber CEO Short List Down to 6, Including Meg Whitman

Whitman, who was made CEO at HP in 2011, knows a thing or two about trying to turn around a high-profile, failing businesses, not that it is a fait accompli at her current employer. During her time, she laid off more than 100,000 employees globally to counter sliding sales and profits, and put pressure on staff to repeatedly cut costs in areas including travel.

Markets Blue Apron Holdings Inc (NASDAQ:APRN) Research Coverage Started at Barclays PLC
Author: 0 Blue Apron Holdings Inc (NASDAQ:APRN) Research Coverage Started at Barclays PLC

They issued an "outperform" rating and a $10.00 target price for the company. Equities research analysts at William Blair issued their Q2 2017 earnings estimates for shares of Blue Apron Holdings in a research note issued on Monday. The stock has an average rating of "Buy" and a consensus target price of $9.63. Shares of Blue Apron Holdings ( APRN ) opened at 7.50 on Monday.