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Hong Kong's Hutchison Sells Telecom Unit To I Squared For $1.86 Billion


I Squared Capital beat a competing bid for HGC from private equity companies TPG Capital and MBK Partners, who were considered the early front runners. CK Hutchison controlled by Li, with a 66.09 percent stake in HTHKH agreed to vote in favor of the deal, according to a regulatory filing to the Hong Kong Stock Exchange. Read More »

Office Depot, Inc. (ODP) Receives $4.54 Consensus Price Target from Analysts

Loop Capital restated a "hold" rating and issued a $5.00 price objective on shares of Office Depot in a research report on Wednesday, July 12th. Therefore 33% are positive. Office Depot (NASDAQ: ODP ) last released its quarterly earnings data on Tuesday, May 9th. (NASDAQ: ODP ) shares can stay above the price resistance around $5.84 a share, that could help propel Office Depot, Inc . Read More »

Bank of Nova Scotia Buys New Stake in Antero Resources Corporation (AR)

Sumitomo Mitsui Trust Holdings Inc increased Antero Resources Corp (AR) stake by 10.5% reported in 2016Q4 SEC filing. Clearbridge Invests Ltd Co owns 304 shares for 0% of their portfolio. Moreover, Cibc Asset has 0% invested in Antero Resources Corp (NYSE:AR). Zacks Investment Research lowered shares of California Resources Corporation from a "hold" rating to a "sell" rating in a research note on Thursday, July 13th. Read More »

TransCanada Corporation (TRP) Declares Quarterly Dividend of $0.50


Hedge funds and other institutional investors own 56.47% of the company's stock. TheStreet upgraded TransCanada Corporation from a "c" rating to a "b-" rating in a research note on Friday, May 5th. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & global copyright & trademark law. Read More »

Ares Commercial Real Estate Cor (NYSE:ACRE) Experiences Light Trading Volume

The stock increased 0.91% or $0.59 on July 28, reaching $65.47. About 38,292 shares traded. It has underperformed by 2.53% the S&P500. Apollo Commercial Real Estate Finance, a real estate investment trust. Hillsdale Inv Mngmt accumulated 40,300 shares. Art Advsr holds 0.04% or 43,345 shares in its portfolio. Lombard Odier Asset Mgmt (Europe) Limited has invested 0.08% in Davita Inc (NYSE:DVA). Read More »

In a first, NOTA to be available for Gujarat Rajya Sabha elections


As many as 42 Gurajat Congress MLAs, who were camped in a resort on the outskirts of Bengaluru , on Sunday paraded to put up a unite front stating that they were not being held against their wishes. "If it was luxury that these MLAs were after then they could have accepted the Rs 15 crore offers from the BJP and toured the world". Congress supporters protested against the turncoats outside the BJP office in Ahmedabad on Monday. Read More »

After Nitish, now AIADMK likely to join Modi-led NDA government


This comes days after Chief Minister K Palaniswami said that the two warring factions of AIADMK, which is headed by him and his predecessor Panneerselvam would unite soon. The AIADMK has been in and out of the NDA government in the past. However, with this coalition, the ruling BJP is reportedly trying to increase its foothold in the Tamil Nadu, as it has only 2.5 per cent vote share in the state. Read More »

NewLink Genetics Corporation (NLNK) Trading Up 10% After Better-Than-Expected Earnings

NewLink Genetics Corporation (NASDAQ: NLNK ) was less active in the last trading session as around 0.58 million shares exchanged hands on Wall Street, representing a decrease from its normal capacity of 0.85 million shares. "We have strengthened the IP about this program with the USPTO Notice of Allowances for indoximod salts and prodrug formulations, and NLG802 entered the clinic". Read More »

Dodgers acquire reliever Tony Watson from Pirates

The Pirates' return is two still-unknown minor leaguers, per Joel Sherman of the New York Post . Along with Tony Watson , the Dodgers managed to get Tony Cingrani from the Cincinnati Reds . Watson is 5-3 and has struck out 35 batters in 46-plus innings, though he has struggled against right-handed hitters this year. Still, Watson has the track record. Read More »

Pfizer Inc. (PFE) Q2 Earnings Beat, But Revenues Miss The Mark


The firm owned 44,490 shares of the biopharmaceutical company's stock after selling 879 shares during the period. Alexandria Capital LLC's holdings in Pfizer were worth $245,000 at the end of the most recent reporting period. Revenues fell 1.9% from a year ago to $12.9 billion, however, falling short of analysts' view for $13.08 billion. (NYSE:PFE) has "Hold" rating given on Wednesday, April 6 by Societe Generale. Read More »

Morrisons seals supply deal with McColl's


McColl's is to be given a one-year period of exclusive access to Safeway products. Morrisons is to become the sole wholesale supplier for McColl's, which has 1300 convenience stores and 350 newsagents across the United Kingdom, and will replace current suppliers Nisa and Palmer & Harvey. Read More »

Sprint profitable for first time in three years


The following week, Sprint's pre-paid arm, Virgin Mobile, said it would provide a year of service for $1 - and only sell iPhones. Subsequently, the company lifted its low-end guidance for full year income to US$2.1bn, from US$2.5bn. Son has also met with Malone and Warren Buffett about making potential investments in Sprint. The company, majority owned by Japan's SoftBank Corp, reported net income of $206 million, or 5 cents per share in the first quarter ended June 30, compared to a ... Read More »

Elon Musk tells Twitter he might be bipolar


A fan name Eric Diepeveen was simply remarking on how fabulous and enviable Musk's life appears on Instagram , and Musk made a decision to respond candidly saying, "The reality is great highs, awful lows and unrelenting stress". The reality is great highs, awful lows and unrelenting stress. Musk has had his share of business failures, almost died from malaria in 2000 and has been divorced three times, added the report. Read More »

Elon Musk brilliantly roasts report on 'world's first' self-driving ships


Replying to an article on the Birkeland posted to Twitter by the Verge , Musk tweeted a sly reminder of a few other self-driving ships that are already operational. Maybe not medically tho. He later offered an unfavorable comparison to his career, tweeting: "If you buy a ticket to hell, it isn't fair to blame hell". Read More »

(The) (NYSE:IPG) Stock Price

However, Interpublic's efforts in reducing costs, continuous margin improvement, stronger balance sheet and better capital structure work as an aid in increasing returns and profitability". During the same period in the prior year, the business posted $0.33 EPS. (The)'s revenue was down 1.7% compared to the same quarter a year ago. On average, analysts expect that Interpublic Group of Companies, Inc. Read More »

The KCG Holdings Inc. Increases Stake in SunPower Corporation (NASDAQ:SPWR)

The 50 day moving average moved up $1.99 whereas the 200 day average was up by +44.42%. Investors sentiment increased to 0.61 in Q4 2016. Its down 0.21, from 0.99 in 2016Q3. SunPower has $45 highest and $7 lowest target. 02/16/2017 - SunPower Corporation was upgraded to "outperform" by analysts at Oppenheimer. Vetr upgraded SunPower Corporation from a "buy" rating to a "strong-buy" rating and set a $12.52 price target for the company in a research report on Tuesday, July 18th. Read More »

NY Sells 1464 Shares of American Axle & Manufacturing Holdings, Inc. (AXL)

DnB Asset Management AS boosted its position in American Axle & Manufacturing Holdings by 84.3% in the first quarter. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in USA healthcare costs. Moreover the Company's Year To Date performance was 10.85%. Read More »

Precision Drilling Corporation (PDS) Set to Announce Earnings on Monday

It provides land drilling, directional drilling, turnkey drilling, camp and catering services, procures and distributes oilfield supplies. This segment operated 196 well completion and workover service rigs, and 11 snubbing units in Canada and the United States; approximately 2,200 oilfield rental items, including surface storage, small-flow wastewater treatment, and power generation and solids control equipment; and 132 wellsite accommodation units in Canada. Read More »

Shubh Mangal Saavdhan trailer: Ayushmann-Bhumi starrer is not 'dysfunctional'


If films have the ability to change orthodox mindsets, then why not encourage them. I believe stories come from experiences, either your own or of the ones you can relate to. The film is all set to release on 1st September. "So that why I think to made this films". "The female protagonist, Sugandha (Bhumi) is as distinct as Tanu and Datto were from each other in " Tanu Weds Manu Returns", he added. Read More »

United Kingdom house prices rise for second month in July


Figures published this morning by Nationwide showed average house price rose to £211,671 in July, up 2.9 per cent from the year before, although that figure was down from 3.1 per cent in June. Although the economy had weakened in early 2017, the shortage of houses on the market would lead to price growth of around 2 per cent in 2017, he said. Read More »