Money

ANC coming down hard on banks implicated in price-fixing scandal

The Competition Commission said on Wednesday it had found the banks, including U.S., European, Japanese and Australian lenders, had colluded to coordinate the...


UK Regulator To Investigate Heineken's $380M Pubs Buy

The proposed deal, which will see Heineken become the third largest pub operator in the United Kingdom (behind Greene King and Enterprise) has faced considerabl...


Canada Goose's IPO Says Its Customers Want Canada Goose Bedding

It plans to list it on Toronto Stock Exchange as well as New York Stock Exchange with GOOS as symbol. The company did about $290 million worth of revenue in its...


Active Volume Stock: Kimco Realty Corporation (NYSE:KIM)

Kimco Realty Corporation (NYSE:KIM) topped its 52-week high price of $32.24 on Jul 29, 2016 and 52-Week Low Price of $24.02 on Feb 15, 2017. Kimco Realty Corp...


Eye-Catching Stocks: Anadarko Petroleum Corporation (NYSE:APC), SCANA Corp. (NYSE:SCG)

Anadarko Petroleum Corporation (NYSE:APC)'s stock had its "buy" rating restated by research analysts at RBC Capital Markets in a research note issued to investo...


Brookdale Senior Living Inc. (NYSE:BKD) Insiders Move Reflect Future Prospects

Cerulean Pharma Inc.is a clinical-stage oncology-focused company. The average revenue estimate for the year ending December 2016 is $4.99B by 6 analysts. The co...


SC verdict: Valentine's Day anticlimax for Sasikala in Tamil Nadu

Following the top courts verdict, Sasikala will have to surrender to the police in Chennai and can be imprisoned for four years. The two-judge Supreme Court b...


Gilead Sciences, Inc. (NASDAQ:GILD) & Medical Properties Trust

Mary's and King George Counties; Greater Baltimore; Greater Philadelphia; Colorado Springs; and Other). Momo Inc.is headquartered in Beijing, the Peoples Republ...


Plane strikes deer at Charlotte airport during takeoff

The flight crew reported an emergency and made a safe landing back at the airport. The flight was headed to Gulf Port, MS, according to the flight schedule. A...


NBA Trade: Magic Traded Serge Ibaka To Raptors For Terrence Ross

They still own their full contingent of draft picks moving forward (they owned an additional first from the Los Angeles Clippers , via the Milwaukee Bucks ), ...


Credit Suisse Posts Loss Amid Justice Department Settlement

The bank is yet to announce where this year's job cuts will fall, but has said that they will include consultants and contractors, as well as regular staff. Lik...


Aviva PLC Boosts Stake in Principal Financial Group Inc (PFG)

The Blackstone Group L.P. (NYSE:BX) in the last quarter reported its actual EPS of $0.68/share where the analyst estimated EPS was $0.64/share. Henderson Group ...


Here's what Warren Buffett bought and sold last quarter

But their decisions have sometimes influenced Buffett, as when Berkshire previous year paid $32.1 billion for aircraft parts maker Precision Castparts Corp, onc...


Warren Buffett's firm expected to file update on its stocks

In a filing with regulators, Berkshire posted ownership of 57.3 million Apple shares as of December 31, which would be worth at this time more than $7.74 bi...


Trader's Buzzers: Brookdale Senior Living Inc. (NYSE:BKD)

The share price is trading in a range of $14.30 - 15.68. Tracking the stock price in relation to moving averages as well as highs and lows for the year might as...


Analyst Earnings Forecast Coverage: Avis Budget Group, Inc. (CAR)

However, hurdles like unfavorable pricing and high fleet costs have been weighing upon its results and remain a threat to its ongoing performance. Analyst rec...


Wesfarmers profit up as new MD revealed

Strength for Wesfarmers other retailers, Bunnings, Kmart and Officeworks, offset the weakness in Coles earnings however, and a boost from higher coal prices in ...


January furniture store sales increase 1.2%

Retail sales in the USA rose more than expected in January, bolstering optimism about consumer spending being able to push economic growth at the beginning of ...


SoftBank to buy Fortress for $4.7b cash

The merger resulted in $8.08 per share in cash for Fortress Investment's shareholders, which is 39% premium to Monday's closing price on February 13. Fortress...


Consumer Goods Sector Movers: The Coca-Cola Company (KO), NIKE, Inc. (NKE)

Coca-Cola HBC AG (CDI) has a 52-week low of 1271.00 and a 52-week high of 1889.00. The Relative Volume value measured for The Coca-Cola Company (NYSE:KO) is 2.3...


Cigna Drops $54B Anthem Deal Amid $15B Damages Suit

Cigna announced Tuesday that it was suing Anthem and seeking more than $13 billion in damages for what it says were Anthem's breaches of the merger agreemen...


Almost 56000 bridges called structurally deficient

More than 1,900 bridges are "structurally deficient" in Ohio. That's good for second behind Iowa, which again led the annual report with 4,968, also an impr...


Based Chesapeake Energy to boost drilling in 2017

As per the consensus estimate, the company's year-on-year revenue growth is expected to be at -21.13% during the period. (NYSE:F) for the current quarter is -30...


ArcelorMittal (NYSE:MT), The Procter & Gamble Company (NYSE:PG)

At the movement The Procter & Gamble Company (NYSE:PG) is under coverage by number of analysts. The stock is now moving above its 20-Day Simple Moving Average o...


Americans Worry About Health Insurance Replacement

We support legislation which offers some help to those in need of basic health care cost assistance, without penalizing the working people of America by causing...


Groupon, Inc. (GRPN): What's the Story?

The Monthly and Yearly performances are -0.28 percent and 23.18 percent respectively. Company price to earnings (P/E) ratio, which measures the relationship bet...


Traders Secrets on Medical Properties Trust, Inc. (MPW), Kohl's Corporation (KSS)

US based company, Medical Properties Trust, Inc.'s ( MPW)'s latest closing price distance was -2.44% from the average-price of 200 days while it maintained a d...


PEP Crosses Below Key Moving Average Level

Several analysts are now covering the company. TIAA CREF Trust Co. MD raised its stake in Pepsico by 21.1% in the third quarter. The stock was previously clas...


Active Movers: Fiat Chrysler Automobiles NV (NYSE:FCAU), SeaDrill Limited (NYSE:SDRL)

Finally, Berenberg Bank initiated coverage on Fiat Chrysler Automobiles N.V.in a research note on Tuesday, November 22nd. Analysts are also projecting an Aver...


Pakistan court bans Valentine's Day celebrations, dubs it anti-Islam

Islamists in Pakistan and the Middle East view Valentine's Day as vulgar Western import. Even though love birds from all around the world expect this joyous d...


Impact of Brokerage Rating on Barrick Gold Corporation(ABX)

Canaccord Genuity increased their price target on Barrick Gold Corp. from C$28.00 to C$29.00 in a report on Friday, February 3rd. A higher price target would de...


Ineos motors on with plan to build heir to Defender 4x4

Of course Ineos have to get by Land Rover first as only a year ago the company stopped another company in Canada from using the name Defender on their all-terra...


Impact of Brokerage Rating on American International Group, Inc.(AIG)

The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/02/15/piedmont-investment-advisors-llc-purchases-shares-of-228448-american-...


For sale: Co-op Bank looks for buyers

The bank, 20% owned by the Co-operative Group, nearly collapsed in 2013, and was bailed out by United States hedge funds. It has not been able to strengthen i...


Basic Materials Worth Chasing: Gulfport Energy Corp. (GPOR), Range Resources Corporation (RRC)

Back on Oct 18, 2016, an upgrade report came from analysts at Goldman who in their research report assigned Buy rating on the stock. GMP Securities initiated co...