Business

Do You Own General Motors Company (NYSE:GM) Shares?

Do You Own General Motors Company (NYSE:GM) Shares? General Motors Company (NYSE:GM) touched its 1-Year High price of $46.76 on 10/24/17 and its 1-Year Low price of $31.92 on 05/25/17. F traded at an unexpectedly high level on 01/16/2018 when the stock experienced a -0.98% loss to a closing price of $13.1. [Full Article...]

Reliance Communications shares surge on debt restructure plan

Reliance Communications shares surge on debt restructure plan Replying to a question on Tuesday, Ambani said, "This is not just about business and repaying debt ". According to the plan, which includes the sale of spectrum, fibre and tower network, equity injection by global strategic partners and development of real estate assets, RCom's debt will be reduced by Rs 39,000 crore from the Rs 45,000 crore it owed lenders at the end of October. [Full Article...]

Closely Watching Mitcham Industries Inc (MIND)'s Indicators — Stock Focus

Goldman Sachs Group Inc. now owns 1,008,837 shares of the pipeline company's stock worth $29,105,000 after purchasing an additional 67,999 shares during the last quarter. It fall, as 14 investors sold DM shares while 27 reduced holdings. 70 funds opened positions while 316 raised stakes. Advisory Services Networks Limited Co holds 0.02% or 5,985 shares in its portfolio. [Full Article...]

Pinnacle Entertainment, owner of Boomtown, to be bought in $2.8 billion deal

Pinnacle Entertainment, owner of Boomtown, to be bought in $2.8 billion deal The shares were sold at an average price of $23.27, for a total transaction of $544,960.13. Institutional investors now hold around $2.66 billion or 0% in PENN stock. BidaskClub raised shares of Penn National Gaming from a "buy" rating to a "strong-buy" rating in a report on Saturday. Union Gaming Research upped their price target on shares of Penn National Gaming to $35.00 and gave the co... [Full Article...]

Assistant Steals $1.2 Million in Rare Wine From Top Goldman Sachs Exec

Assistant Steals $1.2 Million in Rare Wine From Top Goldman Sachs Exec A spokesman for Goldman Sachs identified the executive as David Solomon, the firm's president and co-chief operating officer. The indictment charges that Mr. Solomon didn't immediately respond to a request for comment. The indictment said DeMeyer's job duties included receiving wine shipments at Solomon's Manhattan apartment and transporting them to Solomon's wine cellar in East Hampton, New Y... [Full Article...]

Grassi Investment Management Purchases 37109 Shares of Kinder Morgan Inc (KMI)

The Cortland Advisers Llc holds 8.86M shares with $169.97 million value, down from 9.11 million last quarter. The stock increased 1.21% or $0.235 during the last trading session, reaching $19.625. (NYSE: KMI ) earned "Market Perform" rating by Bernstein on Wednesday, May 11. UBS maintained General Mills, Inc. (NASDAQ:FB) rating on Thursday, July 30. [Full Article...]

Marsh & McLennan Companies (NYSE:MMC) Downgraded by Zacks Investment Research to Hold

Marsh & McLennan Companies (NYSE:MMC) Downgraded by Zacks Investment Research to Hold Equities analysts anticipate that Marsh & McLennan Companies, Inc. will post $3.37 EPS for the current fiscal year. It has underperformed by 0.45% the S&P500. UBS maintained Apache Corporation (NYSE:APA) on Friday, August 5 with "Neutral" rating. The company was maintained on Wednesday, August 2 by BMO Capital Markets. [Full Article...]

Microsoft (MSFT) PT Set at $100.00 by Oppenheimer

Novare Capital Management Llc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $691.23B market cap company. Barclays set a $95.00 target price on Microsoft and gave the company an "overweight" rating in a research report on Friday, January 12th. $81.62's average target is -8.91% below currents $89.6 stock price. [Full Article...]

The North American International Auto Show

Ford Motor Co on Tuesday forecast financial results for last year and this year that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival General Motors Co (GM). This might be a smaller truck than the F-150, but Ford designed it to be just as tough and off-road capable. The company's shares closed up slightly, after a gain of ... [Full Article...]

How the Tax Cuts and Jobs Act Will Impact the Average American

How the Tax Cuts and Jobs Act Will Impact the Average American The plan - which critics say is heavily weighted to ease the tax burden on businesses rather than the middle class - drops the corporate tax rate down from 35% to 21%, repeals the corporate alternative minimum tax, almost doubles the standard deduction for individuals and restructures the way pass-through businesses are taxed. [Full Article...]

Comparable Company Analysis: Occidental Petroleum Corporation (OXY), Colgate-Palmolive Company (CL)

Kessler Investment Group Llc who had been investing in Abbvie Inc for a number of months, seems to be bullish on the $166.97 billion market cap company. Of the analysts surveyed by Reuters that track Colgate-Palmolive Company 17 of them rate its stock a hold. As per Friday, July 21, the company rating was maintained by RBC Capital Markets. [Full Article...]

BA passenger wearing 10 shirts, eight pairs of pants arrested

BA passenger wearing 10 shirts, eight pairs of pants arrested After his first ejection from the airport, he booked a new flight with EasyJet the next day. When Ryan Carney Williams was unable to pay the extra bag fee for his flight last Wednesday, he came up with a creative solution, putting on the clothes that were adding weight to his luggage. [Full Article...]

Bank of America Corp Stock Falls Despite Q4 Earnings Beat

Bank of America Corp Stock Falls Despite Q4 Earnings Beat Centerbridge Partners Lp who had been investing in Ambac Finl Group Inc for a number of months, seems to be bullish on the $712.71 million market cap company. Lvm Cap Mgmt Mi holds 9,086 shares. Assetmark stated it has 0% in Kohl's Corporation (NYSE:KSS). On 7/26/2017 Murray Ross Orr, Director, bought 6,000 with an average share price of $0.04 per share and the total transaction amounting to $24... [Full Article...]

Greens may be off the mark with Australia Day push

Greens may be off the mark with Australia Day push Mr Di Natale posted on Facebook that all Australians wanted a day to come together to celebrate its diversity but January 26 was not that day. Greens MP Lidia Thorpe has told the paper that Australia Day celebrations are like dancing on the graves of her ancestors. [Full Article...]

Status orange weather warning for west and north as storm Fionn hits

Status orange weather warning for west and north as storm Fionn hits Named Storm Fionn , the weather bomb that hit the United Kingdom overnight and this morning continues to see snowfall in northern areas. He preceded this tweet with another questioning how Met Eireann and the Met Office in the United Kingdom can work together on naming storms when they use " different criteria " to assess weather systems. [Full Article...]

Apple to invest $350 billion, hire 20000 over next five years

Apple to invest $350 billion, hire 20000 over next five years Tax reform recently passed by the US Congress has been touted by Trump as a way to stimulate investment and hiring, despite criticism that it most benefits corporations and the wealthy. manufacturing activities, from $1 billion to $5 billion. That includes a new Reno facility that will support other Nevada facilities. The building spree will create an estimated 20,000 new jobs nationwide, ... [Full Article...]

Goldman Sachs shares open lower as trading slump unnerves investors

Goldman Sachs shares open lower as trading slump unnerves investors Taking a quick look at the historical performance of The Goldman Sachs Group, Inc. Finally, Vertical Group cut Goldman Sachs Group from a "hold" rating to a "sell" rating in a research report on Monday, November 6th. The shares were sold at an average price of $238.49, for a total value of $572,376.00. The disclosure for this sale can be found here. 271.74 million shares or 2.47% less from 278... [Full Article...]

Net neutrality revival needs one more vote in Senate to pass

Net neutrality revival needs one more vote in Senate to pass The repeal of the net neutrality rules basically means that Internet providers like AT&T, Comcast, and Verizon have control over what content consumers have access to online. Trump supports the FCC's decision to repeal net neutrality . At least six states have now proposed their own net neutrality laws in the wake of the FCC's extremely unpopular assault on the federal rules, with... [Full Article...]

Met office issues new warning for snow and ice in North

Met office issues new warning for snow and ice in North Some of the showers will be heavy with the risk of hail and thunder in Atlantic coastal areas. The Met Office has issued an amber warning for snow and ice in southern Scotland and Northern Ireland. Here are the areas the first warning pertains to; Central, Tayside & Fife, Grampian, Highlands & Eilean Siar, North West England, Northern Ireland, Orkney & Shetland, SW Scotland, Lothian Borders,... [Full Article...]

Demonetised notes worth Rs 100 cr seized in Kanpur

Demonetised notes worth Rs 100 cr seized in Kanpur Four hundred and thirty four days after demonetisation, Rs 97 crore in banned notes were unearthed in a joint raid by the UP police and National Investigation Agency (NIA). Simultaneously raid was conducted at the under construction house of Khatri near Gole Chauraha in and demonetized currency amounting to Rs 96.60 crore was seized from there. [Full Article...]


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