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BMW to continue development of diesel engines

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One of the executives charged, James Robert Liang, has pleaded guilty to charges of conspiracy and violating the Clean Air Act , and is awaiting sentencing. The engineer told the judge he "omitted information about how VW intentionally installed defeat devices" during August 2015 discussions with regulators who had been probing the high output of pollutants from Volkswagen vehicles. Read More »

Consumer bureau mulls action on debit card overdrafts

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The prototypes were created "to help customers understand the risks of opting into overdraft coverage", after the CFPB study found that frequent overdraft users typically pay nearly $450 more in fees than those who don't opt-in to overdraft protection. Read More »

Steady Stock: Kinross Gold Corporation (KGC)

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At the moment 21 analysts are watching Kinross Gold Corporation (NASDAQ:KGC), 3 rate it "Buy", 7 "Outperform", 10 "Underperform", 0 "Sell", while 1 "Hold". The stock's market cap is $5.15 billion. The SI to Kinross Gold Corporation's float is 1.17%. WARNING: This article was first posted by Stock Observer and is the property of of Stock Observer. Read More »

Jaitley bats in favor of SBI interest rate cut

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Jaitley said the fund will comprise Central Public Sector Enterprises, state-owned banks and will have a strategic holding in the Specified Undertaking of the Unit trust of India ( SUUTI ). The scheme, named Pradhan Mantri Vyaya Vandana Yojana (PMVYY) launched in December 2016, has been made available for senior citizens and retired persons. Read More »

Martin Shkreli convicted of securities fraud, conspiracy

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The other Martin Shkreli pleaded not guilty Friday in the same NY courtroom where the former pharmaceutical CEO was waiting for a verdict in his securities fraud trial. Shkreli's legal team, headed by Benjamin Brafman, argued during the trial that although Shkreli didn't "look great" on paper, he was a "brilliant mind" who lacked intent to defraud investors. Read More »

Traders Purchase High Volume of Wells Fargo & Call Options

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Wells Fargo & declared that its board has authorized a share repurchase plan on Wednesday, June 28th that permits the company to buyback $11.50 billion in outstanding shares. Credit Suisse downgraded the shares of WFC in report on Thursday, February 16 to "Neutral" rating. As per Wednesday, August 31, the company rating was maintained by Deutsche Bank. Read More »

High level al-Shabab commander killed by airstrike in Somalia

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The Somali information ministry said on Monday the attack near the southern town of Torotoroow targeted a man identified as Ali Mohamed Hussein or Ali Jabal. Al-Shabaab militants were also known to have conducted numerous attacks against the Somali National Army and African Union Mission in Somalia members in the region. Read More »

The Goodyear Tire & Rubber Company (NASDAQ:GT) Short Interest & Technical Update

Oppenheimer Asset Management Inc. now owns 7,905 shares of the company's stock worth $351,000 after buying an additional 6,559 shares during the last quarter. The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. From the start of year 2017 to present date GT reported surged performance of 0.78%. Read More »

AMC Entertainment Holdings, Inc. (AMC) stock dipped -48.64% Quarterly performance

Its quick ratio was 0.70 while current ratio was noted as 0.70 in the most recent quarter. The stock was bought at an average price of $24.72 per share, for a total transaction of $247,200.00. Four investment analysts have rated the stock with a sell rating , four have assigned a hold rating and nine have given a buy rating to the company. Read More »

MGM Resorts International (NYSE:MGM) Given "Buy" Rating at Deutsche Bank AG

EPS growth in next year is estimated to reach 21.78% while EPS growth estimate for this year is set at 332.90%. GAY MARY CHRISTINE sold $105,568 worth of stock or 4,000 shares. TRADEMARK VIOLATION WARNING: This piece was published by Community Financial News and is the sole property of of Community Financial News. Finally, Private Capital Advisors Inc. Read More »

Arista Networks' (ANET) Hold Rating Reiterated at Stifel Nicolaus

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UBS AG upped their target price on Arista Networks from $120.00 to $150.00 and gave the company a "neutral" rating in a report on Wednesday, May 31st. Following the completion of the transaction, the senior vice president now directly owns 811 shares in the company, valued at $116,970.53. The disclosure for this sale can be found here. Read More »

Powerball Jackpot Hits $286 Million for August 5 Drawing

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The Mega Millions jackpot has jumped to $323 million, after Tuesday's drawing failed to yield a victor for the top prize. Lottery site USAMega.com estimates the federal tax withholding on the $199.8 million lump sum would be almost $50 million, and state taxes could knock out up to another $17.6 million (with NY the worst offender). Read More »

US Trade Deficit Narrows More Than Expected In June

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Economists had penciled in a shortfall of of -$45.5bn. The trade surplus with the United States, which accounted for 74 percent of Canadian exports in June, shrank to C$2.17 billion, the smallest since June 2016. The decrease in oil shipments led to a 4.5 percent decline in exports to the United States. There were decreases in imports of industrial supplies and materials. Read More »

Sewage water leaks onto luggage at Nashville airport

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The evil commode, in the woman's restroom on the C Concourse, began overflowing at about 5 a.m. on Wednesday because of paper towels stuffed inside, airport spokesman Tom Jurkovich told The Tennessean . "If its the second time it's happened, first time okay, but the second time like this?" one man said. A similar incident happened in June of a year ago. Read More »

Brooks Automation, Inc. (BRKS) Announces Quarterly Earnings Results

Princeton Alpha Mngmt L P has 0.06% invested in Brooks Automation , Inc (NASDAQ: BRKS ). 01/03/2017 - Brooks Automation , Inc. was downgraded to "hold" by analysts at Stifel Nicolaus. $209,500 worth of stock was sold by Pietrantoni David on Friday, February 10. Shares of Brooks Automation (NASDAQ BRKS) traded down 4.45% during trading on Wednesday, reaching $23.62. Read More »

Shake Shack Inc Q2 2017 Earnings Beat Estimates But Guide Disappoints

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Among 11 analysts covering Shake Shack (NYSE:SHAK), 7 have Buy rating, 0 Sell and 4 Hold. Over the past 50 days, Shake Shack Inc. stock's -19.51% off of the high and -2.51% removed from the low. Municipal Employees Retirement System of MI now owns 4,380 shares of the company's stock worth $153,000 after buying an additional 280 shares in the last quarter. Read More »

Yelp soars in after hours on second quarter results, Eat24 sale

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Therefore 50% are positive. Yelp Inc. has a one year low of $26.93 and a one year high of $43.41. The stock has a 50-day moving average of $31.06 and a 200 day moving average of $33.37. It has underperformed by 3.99% the S&P500. As part of the agreement with Grubhub , Yelp will integrate online ordering from all Grubhub restaurants onto its extensive local goods and services platform. Read More »

Hot Stock to Watch: Argos Therapeutics, Inc. (ARGS)

Investors are on alert as CommScope Holding Company, Inc. The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. The company reported its EPS on 3/30/2017. The analysts estimated sales for the higher end at 0.1 million and lower end at 0.1 million while the year ago reported sale was 0.1 million. Read More »

The Invesco Municipal Trust (VKQ) Declares $0.06 Monthly Dividend

Turning to some additional technicals, at the time of writing, the 14-day ADX for Atico Mining Corp (ATCMF) is 33.10. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. Investors have the ability to use technical indicators when completing stock research. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. Read More »

Kraft Heinz posts 50.5 pct rise in quarterly profit

Rockefeller Financial Services Inc. now owns 1,133 shares of the company's stock worth $103,000 after buying an additional 800 shares during the period. The company reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.85 by $0.01. The Kraft Heinz had a return on equity of 7.25% and a net margin of 13.12%. Read More »

Trump on tricky legal ground with 'Obamacare' threat

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Trump has upped the anxiety, calling the payments "ransom money" and claiming he could stop them anytime. The president tweeted , "If a new health care bill is not approved quickly, bailouts for insurance companies and bailouts for members of Congress will end very soon". Read More »