Finance

Finance Sears and Whirlpool split after 100 years; Whirlpool shares tumble
Author: 0 Sears and Whirlpool split after 100 years; Whirlpool shares tumble

The Upton Machine Company, Whirlpool's predecessor, sold its first appliance, a washing machine, to Sears in 1916. Sears will no longer sell Whirlpool appliances in its stores. Appliances are a big part of Sears' business. For years, it was the only retailer selling Kenmore products, and ads bragged that Sears was the only place where customers could shop for all the major appliance brands.

Author: 0 Massive fire breaks out at Aishwarya Rai's residence

Aishwarya Rai and Abhishek Bachchan's high rise catches fire. With a fire truck located in the background, it appears the couple rushed to the building as soon as they heard the news. There is no news yet about what caused the fire in the 16 storeyed building. Bollywood actor Aishwarya Rai Bachchan also lived in this building earlier.

Finance Hudson's Bay selling Lord & Taylor 5th Ave building for US$850m
Author: 0 Hudson's Bay selling Lord & Taylor 5th Ave building for US$850m

WeWork's partner on the property deal, investment firm Rhône Capital, is also planning to make an equity investment of $500 million in Hudson's Bay. "The path to maximizing the value of Hudson's Bay lies in its real estate, not its retail brands", Jonathan Litt, founder of Land and Buildings Investment Management, a HBC shareholder, wrote in a letter to the board in June.

Author: 0 Kimberly Clark shares higher as it reaffirms full-year guidance

It improved, as 50 investors sold Kimberly Clark Corp shares while 418 reduced holdings. That's the optimistic view from Wall Street. The company's price to sales ratio for trailing twelve months is 0.80 and price to book ratio for most recent quarter is 2.62, whereas price to cash per share for the most recent quarter is 2.45.

Finance Fiat Chrysler Q3 Net Profit Up 50%; Backs 2017 Outlook
Author: 0 Fiat Chrysler Q3 Net Profit Up 50%; Backs 2017 Outlook

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Fiat Chrysler Automobiles N.V. The firm's 50-day moving average price is $17.17 and its 200-day moving average price is $12.84. (NYSE:FCAU) last released its quarterly earnings results on Thursday, July 27th.

Finance Proactis Holdings (LON:PHD) New Price Targets
Author: 0 Proactis Holdings (LON:PHD) New Price Targets

Morgan Stanley upped their target price on shares of Aviva plc from GBX 601 ($7.93) to GBX 627 ($8.27) and gave the stock an overweight rating in a report on Thursday, August 10th. The latest broker reports which are now outstanding on Tuesday 24th of October note analysts have a rating of "strong buy", analysts "buy", analysts "neutral", analysts "sell" and analysts "strong sell".

Finance Caterpillar Inc. (NYSE:CAT) Touching New 52-week High
Author: 0 Caterpillar Inc. (NYSE:CAT) Touching New 52-week High

They expect $0.19 earnings per share, up 46.15% or $0.06 from last year's $0.13 per share. Harbour Capital Advisors LLC purchased a new stake in shares of Caterpillar during the 1st quarter valued at approximately $107,000. Caterpillar Inc. (NYSE:CAT) received a Buy rating from 3 analysts. This represents a $3.12 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend is Wednesday, January 18th.

Finance Infosys lowers revenue forecast for fiscal year
Author: 0 Infosys lowers revenue forecast for fiscal year

The company had posted 1.3 percent increase in net profit to Rs 3,483 crore for the June quarter, helped by client wins in key markets, and raised its annual United States dollar revenue outlook. The company has declared an interim dividend of Rs 13 per share. Earlier, an independent investigation had found no substance in whistleblower allegations of Infosys CEO Vishal Sikka being paid excessive compensation in relation to the deal.

Finance Align Technology, Inc. (ALGN) Holdings Lowered by National Asset Management Inc
Author: 0 Align Technology, Inc. (ALGN) Holdings Lowered by National Asset Management Inc

Align Technology, Inc. (NASDAQ:ALGN) has risen 82.22% since October 22, 2016 and is uptrending. It has outperformed by 65.52% the S&P500. Short interest grew 257,061 over that period. Retirement Systems of Alabama boosted its position in Align Technology by 2.7% in the second quarter. (NASDAQ:ALGN) were released by: Cnbc.com and their article: "Cramer's lightning round: In the era of Instagram, Align Technology's a winner" published on October 20, 2017 as well as Marketwired.com's news article ...

Finance Microsoft drops lawsuit against USA government after revising data request rules
Author: 0 Microsoft drops lawsuit against USA government after revising data request rules

You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy . Its decision comes after the DOJ issued a new binding policy that requires prosecutors to give more detailed reasons when applying for a gag order and makes it much harder to seek one that lasts indefinitely.

Author: 0 Intuitive Surgical, Inc. (NASDAQ:ISRG) Broker Price Targets For The Coming Week

Tower Research Capital LLC TRC now owns 819 shares of the medical equipment provider's stock valued at $766,000 after buying an additional 450 shares during the period. (NASDAQ: ISRG ). 311 are owned by Edgemoor Investment Inc. Advisors Capital Management LLC bought a new position in shares of Intuitive Surgical in the third quarter valued at approximately $209,000.

Finance How Analysts Rated Lexington Realty Trust (NYSE:LXP) Last Week?
Author: 0 How Analysts Rated Lexington Realty Trust (NYSE:LXP) Last Week?

Traders are a little more bullish on the company lately as evidenced by the motion in short interest. (NYSE:EDR) traded up 0.98% during trading on Friday, reaching $42.30. Any way you dice it, a dip below $117.77 a share would be very bad news for DLR's technical picture in the near-term. Metropolitan Life Insurance Co New York holds 0.03% or 39,909 shares in its portfolio.

Finance European Union searches offices of German carmakers in
Author: 0 European Union searches offices of German carmakers in "cartel" scandal investigation

European Union antitrust officials widened an investigation of alleged collusion between Germany's top carmakers on Monday, with both Daimler and Volkswagen becoming the latest targets of the inspections. Daimler CEO Dieter Zetsche voiced confidence that the company was performing well and was hence in a good position to commence a recently-announced corporate restructuring process.

Author: 0 Loan insurance still dominates United Kingdom financial complaints

St James's Place Wealth Management and Sesame received 2.2 and 2 complaints respectively, per 1,000 sales. Bank of Scotland received most complaints about home finance at 21,955 - or 8.6 for every 1,000 balances outstanding. Most of the pension complaints (57%) were about self-invested personal pensions (SIPPs). He added: "But even allowing for the change in reporting rules, and some progress made, the numbers are still significant".

Finance VW Reaches Agreement to Fix Some 3.0L Diesel SUVs
Author: 0 VW Reaches Agreement to Fix Some 3.0L Diesel SUVs

The decision means the German carmaker won't have to buy the vehicles back, potentially saving more than $1 billion. Federal and state officials have approved a fix for 38,000 Volkswagen , Audi and Porsche sport utility vehicles with diesel engines that were cheating on emissions tests.

Finance Costa coffee owner Whitbread's profit rises on expansion drive
Author: 0 Costa coffee owner Whitbread's profit rises on expansion drive

At Costa Coffee, however, operating profit remained flat at £65 million. Whitbread also attributed revenue growth to "disciplined cost management". Its global business, where it recently bought out one of its Chinese joint ventures for... He added, however, that "there is a bright spot for Costa as worldwide sales are picking up, which might keep any talk of a breakup quiet for the time being".

Finance Rs 92150 crore GST collected in September: Finance Ministry
Author: 0 Rs 92150 crore GST collected in September: Finance Ministry

The Ministry of Finance on Tuesday released data on Goods and Services Tax collection for the month of September 2017. The decision came on the back of demands from businessed to waive the penalty for delayed filing of GSTR-3B returns. "We hope more people are able to file return within the due date", Pandey explained. Taxpayers have been asked to file the summary GSTR-3B forms every month till January 2017.

Author: 0 Struggling Noble sacrifices American trading business

Hong Kong-based Noble was plunged into crisis in February 2015 when Iceberg Research questioned its accounts, and then it was hit by a commodities downturn. A plan to announce a deal by end-September was delayed in part by the impact of hurricane Harvey in Houston, where the bulk of the oil business is located.