• Bharti Infratel-Indus merger reflects fierce price competition in telecom market

    Bharti Infratel-Indus merger reflects fierce price competition in telecom market

    Markets

    India's Bharti Infratel Ltd (BHRI.NS) has agreed to merge with Indus Towers , in a deal that creates the world's No. 2 telecom tower company with an estimated equity value of $14.6 billion (10.47 billion pounds). Vodafone India will get between 26.7% and 29.4% of the Indus-Bharti Infratel combine. Providence has the option to receive cash or shares for 3.35 percent of its 4.85 percent holding in Indus, with the remainder exchanged for shares in the combined tower firm.
  • Macquarie Group Ltd. Trims Stake in The Hartford (HIG)

    Markets

    Focused Wealth Management Inc purchased a new stake in The Hartford during the fourth quarter worth $189,000. The stock decreased 0.31% or $0.25 during the last trading session, reaching $81.3. Finally, Prudential PLC increased its position in shares of Hartford Financial Services Group by 5.4% in the fourth quarter. Since April 24, 2017 HIG has risen 7.71% and is uptrending.
  • Chipotle Takes a Big Bite Out of Earnings

    Chipotle Takes a Big Bite Out of Earnings

    Markets

    The Check Capital Management Inc holds 103,650 shares with $29.96 million value, down from 176,306 last quarter. Chipotle is also working on growing in areas such as delivery, mobile ordering and catering (catering's now only about 1 percent of sales) to boost loyalty to the chain that lost its way after being a hallmark of the success of the fast-casual industry.
  • Sensex, Nifty Modestly Higher In Early Trade

    Sensex, Nifty Modestly Higher In Early Trade

    Markets

    Meanwhile, the benchmark BSE Sensex recovered by 57.35 points, or 0.16 per cent, at 34,558.62 in early trade on Thursday. The NSE Nifty was also trading in the green and was close to 10,600 at 10 am. Other losers were Bharti Airtel, falling 2.61 per cent, followed by Dr Reddy's 2.09 per cent, SBI 1.71 per cent, Tata Steel 1.22 per cent, L&T 0.94 per cent, Coal India 0.62 per cent, Bajaj Auto 0.48 per cent, Asian Paints 0.46 per cent and Sun Pharma 0.34 per cent.
  • United Continental (UAL) Releases Earnings Results, Beats Estimates By $0.43 EPS

    Markets

    With their stock price now trading around $68.83, the firm has proven a solid track record of growth over the past few years. Volume is simply the number of shares or contracts that trade over a given period of time, usually a day. Rhumbline Advisers holds 477,202 shs. It also increased its holding in Equities by 13,996 shares in the quarter, for a total of 92,122 shares, and has risen its stake in Adr.
  • MGM Resorts International (NYSE:MGM) Given Daily Media Sentiment Rating of 0.10

    MGM Resorts International (NYSE:MGM) Given Daily Media Sentiment Rating of 0.10

    Markets

    On Wednesday, February 21 Stifel Nicolaus maintained the shares of MGM in report with "Hold" rating. They issued a "buy" rating and a $43.00 price objective for the company. In the last 90 days, insiders have bought 46,000 shares of company stock worth $49,000 and have sold 142,646 shares worth $5,104,710. BIBLE WILLIAM A also sold $215,773 worth of MGM Resorts International (NYSE: MGM ) on Tuesday, March 6.
  • Abbott Laboratories (NYSE:ABT) Issues FY18 Earnings Guidance

    Markets

    Abbott Laboratories (NYSE: ABT ) has risen 34.85% since April 24, 2017 and is uptrending. ABT outperformed by 23.30% the S&P 500. David Shaw decreased its stake in First Solar Inc (Call) (FSLR) by 92.28% based on its latest 2017Q4 regulatory filing with the SEC.
  • Brokers Offer Predictions for Bank of America's Q2 2018 Earnings (NYSE:BAC)

    Markets

    The stock decreased 0.38% or $0.1 during the last trading session, reaching $26.5. The volatility for this week stands at 1.99%, while the volatility for this month is set up at 2.67%. On Friday, February 2 the stock of Bank of America Corporation (NYSE: BAC ) has "Overweight" rating given by Morgan Stanley. The firm has "Hold" rating by Robert W.
  • Is Buying Phillips 66 (PSX) Here a Winning Strategy?

    Markets

    The active investment managers in our database now possess: 11.40 million shares, up from 11.10 million shares in 2017Q3. About 425,719 shares traded or 36.13% up from the average. The stock has "Hold" rating by Jefferies on Tuesday , August 23. On Monday, April 9 the stock rating was maintained by JP Morgan with "Neutral". Oppenheimer maintained the shares of PSX in report on Friday, December 4 with "Outperform" rating.
  • Macron urges Trump to reject nationalism and politics of hate

    Macron urges Trump to reject nationalism and politics of hate

    Markets

    He also defended the existing framework of the Iran nuclear deal , or the JCPOA , saying it worked to control the nuclear activity of Iran . The secretary of Iran's Supreme National Security Council, Ali Shamkhani, also reacted to a possible agreement between Europe and the United States about the future of the nuclear deal .
  • Lockheed Martin Corp (NYSE:LMT) Big Money Sentiment Change at 1.18

    Markets

    About 565,991 shares traded. LMT is uptrending and has moved 26.83% since April 25, 2017. It has outperformed by 4.39% the S&P500. Big Money Sentiment decreased to 1.18 in 2017 Q4. As per Thursday, October 6, the company rating was initiated by Robert W. Baird. Since January 29, 2018, it had 0 buys, and 2 insider sales for $9.28 million activity.
  • Aetna (AET) Expected to Post Earnings of $3.00 Per Share

    Markets

    It has outperformed by 5.51% the S&P500. Moreover, Farallon Capital Management Llc has invested 7.64% in it. Harvest Management Llc disclosed 62,000 shares in (NYSE:AET). Out of 14 Wall Street analysts rating Aetna, 7 give it "Buy", 0 "Sell" rating, while 7 recommend "Hold". Therefore 46% are positive. The rating was initiated by Credit Suisse with "Hold" on Friday, November 3.
  • Noticeable Observation for Stock Investors: Twenty-First Century Fox, Inc

    Markets

    Growth in EPS is an important measure of management performance because it shows how much money the company is making for it's shareholders, not only due to changes in profit, but also after all the effects of issuance of new shares (this is especially important when the growth comes as a result of acquisition).
  • GlaxoSmithKline (LON:GSK) Given a GBX 1400 Price Target at Morgan Stanley

    GlaxoSmithKline (LON:GSK) Given a GBX 1400 Price Target at Morgan Stanley

    Markets

    Cambridge Investment Research Advisors Inc. now owns 107,873 shares of the pharmaceutical company's stock worth $3,826,000 after acquiring an additional 5,582 shares during the last quarter. BMO Capital Markets maintained the stock with "Hold" rating in Monday, February 12 report. The company was maintained on Friday, August 12 by Argus Research.