Finance

Finance LIC Housing Finance's Q4 net profit up 18%
Author: 0 LIC Housing Finance's Q4 net profit up 18%

The company has also approved the increase in the borrowing powers from Rs 10000 crore to Rs 12500 crore subject to approval of shareholders at the ensuing 27th AGM. Gross NPAs remained stable at 0.85%. According to a Bloomberg survey of 18 analysts, the company was expected to post a net profit of Rs525.90 crore for the quarter ended March.

Finance Eli Lilly and Company Earnings Ahead: Quick Glance
Author: 0 Eli Lilly and Company Earnings Ahead: Quick Glance

Eli Lilly and Company (LLY) will highlight Phase 2 data evaluating galcanezumab for the prevention of migraine at the American Academy of Neurology (AAN) annual meeting, which will take place April 22-28, 2017, in Boston. In other Eli Lilly and news, insider Donald A. Zakrowski sold 2,000 shares of Eli Lilly and stock in a transaction dated Thursday, February 2nd.

Finance Christy Clark calls for USA thermal coal export ban
Author: 0 Christy Clark calls for USA thermal coal export ban

On Monday, the U.S. Commerce Department announced countervailing duties of up to 24 percent on softwood lumber from Canada. "We've gone from seeing Americans as being good trading partners to being hostile trading partners", said Clark when asked why she was making this move now.

Finance South Korea's economy grows at fastest pace in 3 quarters
Author: 0 South Korea's economy grows at fastest pace in 3 quarters

Exports grew 1.9 percent from the previous quarter, while imports increased 4.3 percent. Real gross domestic product (GDP) was 383.6 trillion won (339.6 billion USA dollars) in the January-March quarter, up 0.9 percent from the previous quarter, according to the Bank of Korea (BOK).

Finance Trump Proposes Dramatic Tax Cuts for Companies Big and Small
Author: 0 Trump Proposes Dramatic Tax Cuts for Companies Big and Small

Of that amount, $312 billion was eligible to be taxed at a 5.25% rate instead of the 35% rate that prevailed at the time . These taxes can be particularly high in states with higher income taxes, such as California and NY. While the Treasury Secretary and other officials said the tax cuts would stimulate the economy and generate economic growth to increase government revenues, some members of Congress expressed skepticism about those projections.

Finance P&G profit falls 8.3 per cent on sluggish market growth, strong dollar
Author: 0 P&G profit falls 8.3 per cent on sluggish market growth, strong dollar

He added that if you look at the quarter, the grooming business was seeing improvements in the US, and was down 3 percent for January, less than a point in February and up a point in March. Net income was $2.52 billion, or 93 cents per share, down from $2.75 billion, or 97 cents per share, for the same period past year. Wednesday, as the company fell short of Wall Street expectations with third-quarter sales of $15.6 billion.

Finance (TCB) Announces Earnings Results
Author: 0 (TCB) Announces Earnings Results

Over the last week of the month, it was 3.30%, -9.49% over the last quarter, and 19.77% for the past six months. The firm is expected to issue its next earnings results before the market opens on Monday, April 24th. Van Berkom & Associates Inc. now owns 3,281,741 shares of the bank's stock worth $47,618,000 after buying an additional 203,390 shares in the last quarter.

Finance Why US Steel, Seagate Technology, and Dr Pepper Snapple Group Slumped Today
Author: 0 Why US Steel, Seagate Technology, and Dr Pepper Snapple Group Slumped Today

Dimensional Fund Advisors LP raised its stake in shares of Dr Pepper Snapple Group by 0.3% in the fourth quarter. Over the last quarter, insiders sold 424,466 shares of company stock worth $40,110,735. The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 5th. Dr Pepper Snapple had 29 analyst reports since July 21, 2015 according to SRatingsIntel.

Author: 0 Apple to test self-driving cars in California

For quite a while, rumors swirled that Apple was creating a self-driving auto under Project Titan, but a year ago, it was reported that the company gave up on this plan in favor of developing a software-based autonomous drive system. The permit does not mean Apple is definitely building a auto. Some others on the list like Tesla , Uber and Google have already completed thousands of miles in test runs while Apple is yet to project any vehicle on public roads for test runs.

Finance GOP leaders offer mild praise for Trump tax plan
Author: 0 GOP leaders offer mild praise for Trump tax plan

But the major tax overhaul will be unlikely to have any impact on the status of the release of the president's own taxes, which Mnuchin said Trump has "no intention" of making public. Administration officials intend to agree additional details with members of the House and Senate in the coming weeks for what would be the first massive rewrite of the USA tax code since 1986.

Finance AVMA welcomes veterinary leadership at the U.S. Department of Agriculture
Author: 0 AVMA welcomes veterinary leadership at the U.S. Department of Agriculture

NY dairy and vegetable farmer, Maureen Torrey from Genesee County, joined 13 other farmers from across the country for a roundtable discussion yesterday with President Donald Trump and Agriculture Secretary Sonny Perdue. "The fact that the national election was nearly 6 months ago and we finally have a Secretary of Ag. fantastic to me that he's finally on board here", says Jaspers on KELO Radio's It's Your Agri-Business with Bill Zortman.

Finance Santander profits fall amid plunge in Brexit-hit pound
Author: 0 Santander profits fall amid plunge in Brexit-hit pound

Sell-side analysts have also provided a consensus recommendation of 4.00 on company shares. 5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Banco Santander, S.A. The difference between Actual EPS and Estimated EPS was -0.02 Percent. The bank has reported a drop of 1% in first quarter profits on earnings of £525m which has been impaired by £32m set aside for PPI costs and a one-off charge of £25m to regulators.

Author: 0 Ivanka Trump Brand Reportedly Wins Chinese Trademarks

Sales of Ivanka Trump's brand, which she no longer manages but still owns, hit record levels in 2017 by some measures despite boycotts and several stores limiting her merchandise. Ivanka Trump , far left, looks on as her father U.S. President Donald Trump and Chinese President Xi Jinping hold a diplomatic dinner at the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017.

Author: 0 Analyst EPS Estimates Screen: Caterpillar Inc. (CAT)

Shares of Caterpillar (NYSE:CAT) traded up 0.23% during mid-day trading on Wednesday, hitting $104.66. JFS Wealth Advisors LLC raised its stake in Caterpillar by 10.3% in the third quarter. The company also recently declared a quarterly dividend, which will be paid on Saturday, May 20th. The ex-dividend date is Thursday, April 20th. The stock now has its Annual Dividend of $3.08 and an annual Dividend Yield of 3.34 Percent.

Finance Study reveals best day of the week to buy gas
Author: 0 Study reveals best day of the week to buy gas

While the data reveals that the best day changes year-to-year and state-to-state, it concludes that fueling earlier in the week can result in savings for many motorists, along with price shopping for the lowest price. Patrick DeHaan, a senior petroleum analyst at the site, said in a statement that rising prices toward the weekend could stem from a midweek report by the Energy Information Administration that influence subsequent prices, particularly if the data is unexpected.

Finance DuPont Reports 1Q Results That Beat Expectations
Author: 0 DuPont Reports 1Q Results That Beat Expectations

Jefferies Group LLC raised Dow Chemical from a "hold" rating to a "buy" rating and upped their price target for the stock from $65.00 to $75.00 in a research report on Monday, March 6th. The Dow Chemical Company (DOW ) has made its way to a 12-month gain of 27.49%. Erste Group began coverage on Dow Chemical in a research report on Tuesday.

Author: 0 Ajay Maken, Chako resign from Congress posts

Chacko, in charge of Congress affairs in Delhi, on Wednesday resigned from their posts, owning moral responsibility for the party's defeat in the city's civic polls. "I was given a free hand during my two-year tenure as Delhi Congress president in organisational appointments", he said. In his resignation letter, Chacko said in the letter that the party should introspect and ascertain the reasons for its defeat in Delhi and redefine its future strategy.

Finance Wall Street 'Charging Bull' Sculptor: Remove 'Fearless Girl' Statue
Author: 0 Wall Street 'Charging Bull' Sculptor: Remove 'Fearless Girl' Statue

Siegel said they are asking for the statue to be moved to another location, noting they had lots of ideas of possible homes for her. The 50-inch (127-cm) girl stands fists on hips on a cobble stone plaza, eye-balling the 11-foot (3.4-meter) bull that has occupied the space in Manhattan's financial district for almost three decades.

Finance Top Gainers of the Day: Gilead Sciences, Inc. (NASDAQ:GILD) from Biotechnology
Author: 0 Top Gainers of the Day: Gilead Sciences, Inc. (NASDAQ:GILD) from Biotechnology

It worsened, as 106 investors sold GILD shares while 656 reduced holdings. State Street Corp boosted its stake in shares of Gilead Sciences by 4.5% in the fourth quarter. The business earned $7.30 billion during the quarter, compared to the consensus estimate of $7.16 billion. During the same period past year, the business earned $3.32 EPS.

Author: 0 Unusual Volume Spikes For: Encana Corporation (ECA)

Comparatively, ECA posted earnings of $0 per share in the same quarter, a year earlier. 11/04/2016 - Encana Corporation was upgraded to " by analysts at RBC Capital. Encana Corp's dividend payout ratio (DPR) is presently -3.97%. TRADEMARK VIOLATION WARNING: "Encana Corp (ECA) Getting Somewhat Positive News Coverage, AlphaOne Reports" was first published by Chaffey Breeze and is the property of of Chaffey Breeze.

Author: 0 Century Aluminum Company Earnings Watch & Stock Update

They noted that the move was a valuation call. Taking a look into the performance of CENX stock, investor will come to know that the weekly performance for this stock is valued at 15.42%, resulting in a performance for the month at 15.42%. now owns 3,464,476 shares of the industrial products company's stock valued at $24,078,000 after buying an additional 1,250,857 shares in the last quarter.

Finance Hess reports smaller quarterly loss on higher crude prices
Author: 0 Hess reports smaller quarterly loss on higher crude prices

Analysts have placed a $63.13 price target on Hess Corporation , suggesting a 29.79% gain from recent close. April 26 US oil producer Hess Corp reported a smaller quarterly loss on Wednesday, helped by an uptick in crude prices and lower operating costs.

Author: 0 Graphic Packaging Holding Company (NASDAQ:GPK) To Report Earnings

The company's last traded volume of 10.21 million shares was up it's an average volume of 4.91 million shares. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright laws.

Finance Can you see the venomous snake in this photo?
Author: 0 Can you see the venomous snake in this photo?

Mashable brought our attention to an image that will freak out people who worry about snakes and fascinate everyone else. The snake certainly has disguised itself well in the leaves, only leaving a part of its body to be seen. "Do NOT attempt to suck venom from the wound, or do anything to increase blood flow". But Helen has already revealed the snake in the picture. "Can you spot the snake?" she captioned the photo which has since gone viral.

Author: 0 There will be a "big announcement" on tax reform Wednesday

A White House official told The Washington Post on Friday night that while the president did plan to make an announcement on tax reform next week, it will be broad in nature. This is a signal that the administration may be planning to put forth a tax proposal that the Congressional Budget Office would forecast as increasing the deficit.

Finance PulteGroup, Inc. (PHM) Lifted to
Author: 0 PulteGroup, Inc. (PHM) Lifted to "Buy" at Zacks Investment Research

Royal Bank of Canada reissued an "outperform" rating and set a $24.00 price objective (up from $22.00) on shares of PulteGroup in a report on Friday, January 27th. Prior year net income was $83 million, or $0.24 per share. For the Current Quarter, 3 analysts are projecting the mean EPS to be $0.01/share. The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 4th.

Finance Kennedy Wilson Europe Real Estate PLC (KWE) PT Lowered to GBX 1300
Author: 0 Kennedy Wilson Europe Real Estate PLC (KWE) PT Lowered to GBX 1300

William McMorrow, chairman and chief executive of Kennedy Wilson Holdings, said: "This transaction represents one of the most significant milestones in our 40-year history". "Given this increased scale, the combined group will receive greater weighting in key United States stock indices, including the Russell 2000 (in which it is expected to be the fourth largest real estate company by market capitalisation) and the Russell 3000, enhancing liquidity in the stock and broadening the potential ...

Author: 0 Barclays PLC Lowers U.S. Silica Holdings Inc (SLCA) to Equal Weight

Silica Holdings, Inc. had its "buy" rating reiterated by analysts at Jefferies. Valuation Ratios of U.S. Silica Holdings, Inc. They set a "buy" rating and a $72.00 price target for the company. On average, analysts forecast that U.S. Silica Holdings will post $1.26 earnings per share for the current fiscal year. If you are accessing this story on another website, it was stolen and reposted in violation of United States & worldwide copyright & trademark legislation.

Finance The AK Steel Holding Co. (AKS) Stock Rating Upgraded by Macquarie
Author: 0 The AK Steel Holding Co. (AKS) Stock Rating Upgraded by Macquarie

AK Steel Holding Corporation (AKS), a stock from Steel & Iron Industry, has a value of $6.72 per share, noted a price change of -1.47% in recent trade close. The company traded a volume of 20.69 million shares as comparison to average volume of 17.96 million shares. The company had Year Ago Sales of 1.52 Billion.

Finance Victory To Disbelief?: How Twitterati Dealt With Mallya's Arrest And Bail
Author: 0 Victory To Disbelief?: How Twitterati Dealt With Mallya's Arrest And Bail

Earlier this year, India began formal proceedings to extradite Mr. Mallya, wanted in connection with a number of charges, including defaulting on loans amounting to Rs. But sources close to Mallya says that it was a voluntary arrest and within hours, the court granted him bail. The liquor baron, however, fled the country days before the apex court took up the case against him.

Finance Kansas City Southern posts 'solid and clean' Q1 results
Author: 0 Kansas City Southern posts 'solid and clean' Q1 results

Mn Services Vermogensbeheer B.V. raised its stake in shares of Kansas City Southern by 2.6% in the first quarter. Large investors have recently made changes to their positions in the company. The original version of this news story can be viewed at [[permalink]]. Several other research analysts also recently commented on the stock. Bank of America Corporation downgraded Kansas City Southern from a "buy" rating to a "neutral" rating and set a $94.00 target price on the stock.in a report on ...

Finance Rite Aid Corporation (NYSE:RAD) Pressured Under Trend Lines
Author: 0 Rite Aid Corporation (NYSE:RAD) Pressured Under Trend Lines

The RSI oscillates between zero and 100. Media coverage about Rite Aid (NYSE:RAD) has been trending somewhat positive on Saturday, according to AlphaOne Sentiment Analysis. GNC also has additional resistance above at the stock's 200-day simple moving average, which sits at $14.77. Volume of about 10 million shares was almost 15% above the daily average of around 6 million shares.

Author: 0 Portland General Electric Company

IMMELT JEFFREY R also bought $1.46M worth of General Electric Company (NYSE:GE) on Wednesday, November 9. Trustees of General Electric Pension Trust bought a new position in General Electric Company during the fourth quarter valued at approximately $1,038,590,000.

Finance Community Trust Bancorp, Inc. (CTBI) Upgraded at Sandler O'Neill
Author: 0 Community Trust Bancorp, Inc. (CTBI) Upgraded at Sandler O'Neill

FBR & Co lowered their target price on shares of New York Community Bancorp from $15.00 to $14.00 and set an "underperform" rating for the company in a research note on Thursday, January 26th. The return on invested capital at 14.9%, which is good, compared to its peers. Return on Investment measures the amount of return on an investment relative to the investment's cost.

Finance US ex-officials to testify at Russia probe
Author: 0 US ex-officials to testify at Russia probe

Sergey Kislyak , but never testified. They were also briefed by agency officials. "That is simply unacceptable", Cummings said . Members of Congress on the House Oversight Committee said Tuesday local time that classified military documents show Mr Flynn, did not ask permission or inform the USA government about payments he received for appearances before Russian organisations in 2015 and for lobbying that helped the Turkish government.

Author: 0 Evidence that Syria sarin gas attack was staged: Moscow

Meanwhile, Russia's Foreign Minister Sergey Lavrov denied al-Sakat's claim, and said that he believed the former general made the remarks due to pressure or in return for personal gain. "It's stage one, the play [they staged] that we saw on social network and TVs, then propaganda and then stage two, the military attack", he said, questioning the authenticity of the video footage.

Finance 'This will never happen again,' United CEO Munoz promises in interview
Author: 0 'This will never happen again,' United CEO Munoz promises in interview

Moments before David Dao was violently ripped from his United Airlines seat, the 69-year-old passenger's combative exchange with airport officers was caught on tape. United Airlines' very serious problem with its forcible removal of a passenger is the subject of sarcasm by rival airlines. Munoz's somber contrition was a far cry from earlier statements in which he described Dao as "disruptive and belligerent" for refusing to give up the seat he had paid for to accommodate other United ...

Author: 0 IMF Lowers Egypt's 2017 Growth Forecast as Reform Costs Mount

The report said the International Monetary Fund expected an increase in trade and migration barriers and a downsizing of the financial services sector "amid possible barriers to cross-border financial activity". The current International Monetary Fund forecast returns it close to the expectations it had for 2017 Britain economic growth of 2.2 percent, which it had forecast before last June's Brexit referendum.