https://resources.stuff.co.nz/content/dam/images/1/6/e/i/e/r/image.related.StuffLandscapeSixteenByNine.620x349.1mhrkc.png/1508965954153.jpg

Markets

The equivalent of more than 1600 full-time staff were cut from the bank in the past year, mostly in its offshore Asia retail and Pacific division and mostly due to asset sales. Despite expectations the bank would be able to expand its net interest margin - the difference between what it borrows money for and what it lends it out at - they slipped marginally over the year.
  • The Goodyear Tire & Rubber Company

    Markets

    It has underperformed by 19.00% the S&P500. Finally, TCW Group Inc. boosted its stake in The Goodyear Tire & Rubber Company by 2.2% in the second quarter. Voya Investment Limited Liability Corp invested 0% of its portfolio in Paylocity Holding Corp (NASDAQ:PCTY). After $1.01 actual EPS reported by AptarGroup, Inc.
  • Two-thirds of US baby food tested positive for arsenic, dangerous toxins

    Two-thirds of US baby food tested positive for arsenic, dangerous toxins

    Markets

    In a study released on Wednesday, Oct. 25, Clean Label Project tested baby food, toddler drinks and snacks, and infant formulas that were bought over the past five months. Jaclyn Bowen , executive director of Clean Label Project and a food safety scientist, said rice-based baby food such as snack puffs had some of the highest levels of arsenic.
  • Sensex down 71 points; Nifty trades at 10274

    Sensex down 71 points; Nifty trades at 10274

    Markets

    The Sensex crossed the 33,000-mark for the first time to scale an all-time high of 33,117.33 in early trade on the back of run-up in PSU banks and heavy short-covering ahead of tomorrow's October month expiry in the derivatives segment. The Nifty too was up by 87.65 points or 0.86 per cent. The BSE Small-Cap index rose 0.61 per cent while mid-caps gained 0.50 per cent. In terms of investments, provisional data with the exchanges showed that foreign institutional investors (FIIs) bought ...
  • Got Wings: Buffalo Wild Wings Flies After Earnings

    Got Wings: Buffalo Wild Wings Flies After Earnings

    Markets

    And it remains to be seen whether the promotional change will hurt Buffalo Wild Wings' long-term standing with loyal customers who prefer real wings over boneless ones. In addition to traditional and boneless chicken wings, the Company's menu features a range of food items, including sharables, hamburgers, sandwiches, wraps, Buffalito soft tacos, and salads.
  • Shore Capital Reiterates "Hold" Rating for AstraZeneca plc (LON:AZN)

    Markets

    It has underperformed by 9.16% the S&P500. Astrazeneca Plc now has $84.66 billion valuation. AstraZeneca PLC is one of the top five pharmaceutical companies in the world based on sales and is a therapeutic leader in cardiovascular, gastrointestinal, oncology, anesthesia including pain management, central nervous system (CNS) and respiratory products.
  • Merlin to open Legoland New York in 2020

    Merlin to open Legoland New York in 2020

    Markets

    The park, which joins Legoland parks in California and Florida, is expected to create more than 1,000 jobs, as well as 800 construction jobs as it is built. Legoland New York is the first new major theme park in the North East of the USA for several decades, and is perfectly located for visitors from New York, Boston, and Philadelphia and beyond.
  • Barclays third-quarter profit hit by weak markets business

    Barclays third-quarter profit hit by weak markets business

    Markets

    The lender also announced that it would separate its United Kingdom division from the group to meet ring-fencing reforms brought in by the government to protect consumers from any financial shocks. Investment banks globally have struggled in recent years to make returns in excess of their cost of capital, as tighter regulations, pressure on fees from automation and low global interest rates combined to squeeze profits.
  • Kinross Gold Corporation (USA) (KGC) Analysts See $0.01 EPS

    Kinross Gold Corporation (USA) (KGC) Analysts See $0.01 EPS

    Markets

    With the firm's stock price now trading around $3.94, the firm has proven a solid track record of growth over the recent years. The shares went down by -7.57% in value last month. BMO Capital Markets upgraded the shares of KGC in report on Monday, February 8 to "Outperform" rating. Kinross Gold Corporation's average Free Cash Flow per Share Growth Rate was -46.5 percent during the past 12 months.
  • Antero Midstream GP LP (AMGP) EPS Estimated At $0.06

    Markets

    Antero Res Corp now has $5.98B valuation. CT now owns 9,406,400 shares of the oil and natural gas company's stock valued at $203,272,000 after buying an additional 1,697,858 shares in the last quarter. Cohen & Steers Inc. bought a new stake in Antero Resources Corporation during the second quarter worth $187,000. Analysts await Antero Midstream GP LP (NYSE:AMGP) to report earnings on November, 1.
  • BT is slashing landline costs for up to a million customers

    Markets

    Jonathan Oxley, Ofcom's Competition Group Director, said: "For many people, their landline is their lifeline". This will come in to effect from April 2018 for all landline-only customers who just take phone services from us and don't have broadband (either with BT or someone else).
  • Deutsche Bank profits more than double and smash market estimates

    Markets

    Its core sales and trading revenue fell 30% in the third quarter, most sharply in its big fixed-income trading businesses. Low interest rates, money printing and a penalty charge for hoarding cash have been at the heart of attempts by the central bank to reinvigorate the 19-country euro zone economy in the wake of the 2008-09 financial crisis.
  • Morgan Stanley Decides to Downgrade General Electric (NYSE:GE) Stock

    Markets

    Equities research analysts predict that El Paso Electric Company will post $2.54 EPS for the current year. The rating was maintained by Morgan Stanley on Monday, October 2 with "Equal-Weight". Somerset Co reported 819 shares or 0.01% of all its holdings. Btim accumulated 160,678 shares. A number of hedge funds and other institutional investors have recently bought and sold shares of the company.
  • The Latest Analyst Coverage For Cisco Systems, Inc. (CSCO), Teradyne, Inc. (TER)

    Markets

    Ross Stores Inc. now has $24.59 billion valuation. The stock was trading at a distance of -0.29% from its 52-week highs and stands 18.75% away from its 52-week lows. Tradition Cap Mngmt Ltd Limited Liability Company owns 106,641 shares or 1.11% of their USA portfolio. Conning reported 1.17M shares. Canal Insurance holds 1.69% or 147,448 shares in its portfolio.
  • Target Corporation (TGT) Shares Bought by APG Asset Management NV

    Markets

    A number of institutional investors have recently modified their holdings of the company. Parallel Advisors LLC grew its holdings in shares of Target Corporation by 23.8% in the 2nd quarter. Comparatively, TGT posted earnings of $0 per share in the same quarter, a year earlier. Finally, Camden National Bank raised its position in shares of Target Corporation by 0.4% during the 1st quarter.
  • Mover to Watch for: Valeant Pharmaceuticals International, Inc. (VRX)

    Markets

    A number of analysts offered their Estimated Earnings analysis for Valeant Pharmaceuticals International, Inc. The stock decreased 3.19% or $0.26 during the last trading session, reaching $7.88. Gargoyle Investment Advisor Limited Liability Corporation stated it has 0.09% of its portfolio in Valeant Pharmaceuticals Intl Inc (NYSE: VRX ). Wells Fargo & Company reiterated an "underperform" rating and issued a $9.00 price objective on shares of Valeant Pharmaceuticals International in a research ...