Business

UPenn Revokes Honorary Degrees from Steve Wynn; Bill Cosby

UPenn Revokes Honorary Degrees from Steve Wynn; Bill Cosby According to Cohen and Gutmann, a small group of trustees, alumni, deans, and faculty deliberated on the nature of the charges against Wynn. In 2015, a university spokesman told the campus newspaper that while the school found allegations against Cosby "deeply troubling", it was not Penn's practice to rescind honorary degrees. [Full Article...]

Logan lauds Hogg and tips Scotland for strong Six Nations challenge

Flankers Josh Navidi and Aaron Shingler were vast, justifying the decision to select Lion Justin Tipuric as a replacement , and the tight five did the dirty work but also threw in some cute touches. It was harum-scarum stuff but it took seven minutes for the first score and it was opportunistic with scrum-half Gareth Davies picking off an ill-judged pass from opposite number Ali Price inside Wal... [Full Article...]

Featured Stock Overview: Wells Fargo & Company

Featured Stock Overview: Wells Fargo & Company It has underperformed by 5.42% the S&P500. Matthew Lindenbaum increased its stake in Wells Fargo Co New ( WFC ) by 24.73% based on its latest 2017Q3 regulatory filing with the SEC. The stock presently has a consensus rating of "Hold" and an average price target of $62.29. Barclays Capital maintained the shares of WFC in report on Monday, July 18 with "Overweight" rating. [Full Article...]

Amber Heard, Elon Musk split again after brief reunion

Amber Heard, Elon Musk split again after brief reunion A new report suggests that the " Aquaman " actress and the Tesla founder, who rekindled their love these past few months, have called it quits for the second time. They quietly got back together in December, however, and were spotted hanging out in L.A. and vacationing on Easter Island with friends. Amber and Elon first dated last spring before breaking up in August 2017. [Full Article...]

Advisor Partners LLC Boosts Stake in Duke Energy Corp (DUK)

Advisor Partners LLC Boosts Stake in Duke Energy Corp (DUK) Other hedge funds have also modified their holdings of the company. The legal version of this article can be viewed at https://www.thelincolnianonline.com/2018/02/02/highstreet-asset-management-inc-acquires-122984-shares-of-duke-energy-corp-duk.html. [Full Article...]

Uber exams dockless bike-sharing possibility

Uber exams dockless bike-sharing possibility Uber is adopting a sharing model that has swept Chinese cities, often to the annoyance of pedestrians and city planners, and that has made its way to United States cities in the last six months. Over the past eight years we've deployed 15,000 (non-electric) bikes in over 40 markets including Portland, Atlanta, Santa Monica, and New Orleans. [Full Article...]

The latest on GOP train derailment

The latest on GOP train derailment He qualified on the Point Defiance Bypass route after completing between seven and 10 observational trips and three trips operating the train, two northbound and one southbound according to a news release. They said that could show if the crossing gates were down, as they should be, and why the truck was in the intersection. It isn't clear whether the person killed was driving the truck at this ti... [Full Article...]

Microsoft Corporation (NASDAQ:MSFT)

Tremblant Capital Group Incorporated holds 4.79% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 1.19M shares. Insiders sold 30,000 shares of company stock worth $2,498,220 over the last ninety days. The firm has "Underperform" rating by Jefferies given on Friday, January 29. The firm earned "Hold" rating on Friday, January 27 by Canaccord Genuity. [Full Article...]

Home Depot (NYSE:HD) Given Daily Media Impact Rating of 0.01

Home Depot (NYSE:HD) Given Daily Media Impact Rating of 0.01 Raab & Moskowitz Asset Management Llc who had been investing in Home Depot Inc Com for a number of months, seems to be bullish on the $235.49 billion market cap company. Old National Bank In has 112,869 shares for 1% of their portfolio. Amundi Pioneer Asset Management reported 5.02M shares stake. Sentinel Asset Mngmt invested 0.89% in The Home Depot, Inc. [Full Article...]

Should You Hold Philip Morris International, Inc. (NYSE:PM)

On Friday, October 13 the stock rating was maintained by Piper Jaffray with "Buy". The company was maintained on Tuesday, June 13 by BTIG Research. See Kennedy-Wilson Holdings, Inc. Since August 30, 2017, it had 0 insider buys, and 2 sales for $13.44 million activity. Azinovic Drago also sold $1.62 million worth of Philip Morris International Inc. [Full Article...]

Increases Holdings in American Tower Corp (AMT)

It has outperformed by 6.96% the S&P500. Symmetry Peak Management Llc decreased Illumina Inc (ILMN) stake by 60% reported in 2017Q3 SEC filing. But even with this move, there is still plenty of room for the company to come back from a longer term perspective, and especially if we look to recent lows for the company as well. [Full Article...]

Netflix users beware of email scam: Don't click that link

Netflix users beware of email scam: Don't click that link The police suggest that recipients of the email, or any email they believe to be fraudulent, should close it out without opening the links. Once login credentials are entered, they're saved by the perpetrators of the scam. "We were recently made aware on an email phishing scam that we thought may be of interest to many of you", the Grand Rapids Police Department warned in a post this week on Fa... [Full Article...]

Long-term Capital Gain Tax may hit investors in the short term

A tax on distributed income by equity oriented mutual fund at the rate of 10% was also proposed for providing level playing field across growth-oriented funds and dividend distributing funds. Investors were expecting the LTCGT to be revived, but were also hopeful that the Securities and Transaction Tax would be taken back in the event LTCGT was imposed. [Full Article...]

Dow plunges over 600 points, TSX down over 200

Meanwhile wages rose at the fastest pace in more than eight years, suggesting employers are competing more fiercely for workers. The S&P 500 Index fell 1.9 percent at 3:11 p.m.in NY. The S&P 500 index showed 18 new 52-week highs and 18 new lows, while the Nasdaq recorded 34 new highs and 77 new lows. The Dow lost 1,095.75 points, or 4.1 percent. [Full Article...]

Technical Roundup On Two Stocks - Devon Energy Corporation (DVN), CBS Corporation

Ultra Petroleum Corp. insiders have sold a net of 0 shares during the past three months, which implies that the company's top executives have been feeling bearish about the stock's outlook. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.06 per share. BTR Capital Management Inc.'s holdings in Devon Energy were worth $2,279,000 as of its most recent filing with the Se... [Full Article...]

What's Ahead for Immune Pharmaceuticals Inc. (IMNP) After Touching Yearly Low?

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. [Full Article...]

Recent Alert - Exxon Mobil Corporation (XOM)

Recent Alert - Exxon Mobil Corporation (XOM) About 35.80M shares traded or 49.29% up from the average. Cohen Lawrence B has 2.56% invested in Exxon Mobil Corporation (NYSE: XOM ). It has underperformed by 16.70% the S&P500. First National Tru has 157,505 shares. Bahl Gaynor has 2.38M shares. Prelude Management Ltd Liability Company invested in 0.41% or 61,517 shares. The Nasdaq slid 54 points, or 0.7 percent, to 7,331. [Full Article...]

Google parent Alphabet reports US$3b loss on tax provision

Google parent Alphabet reports US$3b loss on tax provision Like other big tech companies reporting this quarter, Google logged a $9.9 billion charge related to changes in US tax law. Google reported " other revenues " of $4.7 billion . "We are focused on building a second wave of growth within Google over the medium and long-term, Google chief executive Sundar Pichai said on an investor conference call, noting the cloud computing was generating $... [Full Article...]

Employers Added 200K Jobs in January, Wages Rise Sharply

Employers Added 200K Jobs in January, Wages Rise Sharply Average hourly earnings rose 0.3% over the prior month and 2.9% over the prior year. Kleinhenz noted that retail job numbers reported by the Labor Department do not provide an accurate picture of the industry because they count only employees who work in stores while excluding retail workers in other parts of the business such as corporate headquarters, distribution centers, call centers and inn... [Full Article...]

Amazon's global loss at $3bn in 2017 on India spend

Amazon's global loss at $3bn in 2017 on India spend The company's revenue has been growing at a scorching pace as shopping has moved online and businesses are shifting their computing operations to the cloud, where Amazon Web Services (AWS) leads the market. Amazon already made a big push with Alexa past year, most notably by updating its lineup of Echo smart speakers, which are powered by Alexa, and releasing several new models, including the... [Full Article...]


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