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PwC fined £5.1m over RSM Tenon audit

PwC fined £5.1m over RSM Tenon audit The latest fine relates to the audit of RSM Tenon in the financial year ending 30 June 2011, in which FRC identified multiple failures: "The misconduct was extensive, comprising five separate admitted acts in relation to the following areas of the audit". [Full Article...]

Dow closes up 135 points as North Korea tensions ease

Dow closes up 135 points as North Korea tensions ease A Chinese state-run newspaper said on Friday that China should make clear that it will stay neutral if North Korea launches an attack that threatens the United States , but that if the USA attacks first and tries to overthrow North Korea's government, China will prevent it doing so."This situation is beginning to develop into this generation's Cuban Missile crisis moment", ING's chief Asia econ... [Full Article...]

Target Corporation (TGT) Getting Somewhat Favorable Media Coverage, Study Finds

Target Corporation (TGT) Getting Somewhat Favorable Media Coverage, Study Finds The institutional investor owned 45,028 shares of the retailer's stock after selling 11,685 shares during the period. Company's periodic earnings was down 1.1% on a YOY basis. Investors of record on Wednesday, August 16th will be given a $0.62 dividend. Opus Investment Management Inc. raised its position in Target Corporation by 16.6% in the first quarter. [Full Article...]

Paintmaker AkzoNobel settles dispute with major shareholder

Paintmaker AkzoNobel settles dispute with major shareholder The deal means Elliott will support the appointment of new chief executive Thierry Vanlancker as a member of the board at the upcoming extraordinary general meeting (EGM) planned for next month. After a prolonged back and forth regarding the proposed takeover, including a new legal challenge to try and oust Akzo's chairman last month, the firms said they had struck a "standstill agreement, to seek... [Full Article...]

Employment boost and pay growth ease pressure on households

Employment boost and pay growth ease pressure on households Figures show the labor market's strength still isn't feeding into robust wage growth, though, highlighting a conundrum that is testing central banks in many advanced economies. The pound strengthened this morning after official data showed growth in United Kingdom wages had risen in the second quarter as unemployment hit another record low. [Full Article...]

Stock Buyback Program Authorized by Kinder Morgan (NYSE:KMI)

Stock Buyback Program Authorized by Kinder Morgan (NYSE:KMI) A number of hedge funds and other institutional investors have recently made changes to their positions in the company. First Bank & Trust boosted its position in Kinder Morgan by 9.4% in the first quarter. The ex-dividend date is Thursday, July 27th. Kinder Morgan's payout ratio is now 161.29%. Kinder Morgan declared that its Board of Directors has initiated a stock repurchase program on Wednes... [Full Article...]

Melbourne Named World's Most Liveable City for Record Seventh Year

Melbourne Named World's Most Liveable City for Record Seventh Year This is Singapore's highest-ever position in the Global Liveability Ranking, which rates 140 cities around the world for quality of life. The Economist reported a decrease in liveability in a fifth of cities surveyed over the past year, and Wellington was one of those. [Full Article...]

AbbVie Inc. (ABBV) Position Decreased by Smithfield Trust Co

Other hedge funds and other institutional investors also recently bought and sold shares of the company. First Command Financial Services Inc. increased its stake in AbbVie by 6.8% in the first quarter. This represents a $2.56 annualized dividend and a yield of 3.61%. (ABBV) Q2 Earnings: "Disappointment in Store?" published on July 21, 2017 as well as Seekingalpha.com's news article titled: "AbbVi... [Full Article...]

The TJX Companies, Inc. (NYSE:TJX) Sees Volume Pop in Session

The TJX Companies, Inc. (NYSE:TJX) Sees Volume Pop in Session It closed at $153.76 lastly. Spectra Energy Partners, LP (NYSE:SEP) has declined 3.32% since August 15, 2016 and is downtrending. It has underperformed by 14.23% the S&P500. The Framingham, Mass., retailer's 3,913 stores reported on Tuesday a 6 percent rise in second-quarter revenue - and a Herculean 3 percent gain in same-store sales, defying the malaise gripping the industry. [Full Article...]

Pil: secondo trimestre 2017, Prodotto interno lordo a +0,4%

Pil: secondo trimestre 2017, Prodotto interno lordo a +0,4% Il commercio estero dovrebbe infine aver frenato l'attività economica per il quarto trimestre consecutivo, e pertanto la crescita verrà ancora dalla domanda interna. Ad ogni modo, i rischi sulla previsione sono elevati, considerato che il primo trimestre 2017 è stato in qualche modo "anomalo", poiché condizionato da fattori "speciali" (come il crollo del deflatore degli investimenti e l'impenn... [Full Article...]

Boardwalk Pipeline Partners LP (BWP) Hits a New 52-Week High

Boardwalk Pipeline Partners LP (BWP) Hits a New 52-Week High Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada reissued a "buy" rating and issued a $22.00 price target on shares of Boardwalk Pipeline Partners L.P.in a research note on Tuesday, June 6th. [Full Article...]

Four Arrested In India For Leaking Game Of Thrones Episode

The company, based in Mumbai, offers "a range of technical, creative and media processing services on the cloud to manage multi-platform content operations", according to its website . 'The accused were company employees who possessed official credentials giving them access to the episodes '. Now that we have got their custody, we will interrogate them to find out the reason behind the crime. [Full Article...]

Trump says CEOs who quit his council are 'grandstanders'

Frazier, who is African-American, is the only CEO so far to leave one of Trump's advisory councils because of his reaction to the violence in Virginia. After his remarks, a fifth member of his manufacturing panel resigned: AFL-CIO president Richard Trumka, who said in a statement, "We can not sit on a council for a president who tolerates bigotry and domestic terrorism". [Full Article...]

MetLife, Inc. (MET) Receives $58.86 Consensus Target Price from Analysts

A number of other institutional investors also recently bought and sold shares of MET . The third largest holder is State Street Corp, which now holds $2.29 billion worth of this stock and that ownership represents almost 4.54% of its market capitalization. [Full Article...]

Oil prices slip on Chinese demand concerns, rising U.S. activity

Oil prices slip on Chinese demand concerns, rising U.S. activity Total volume traded was about 3 percent above the 100-day average. West Texas Intermediate, the US benchmark for the price of oil, was down 0.55 percent to $47.33 per barrel. Oil prices had earlier on Monday been supported by reports that Libya's top oilfield had cut its output by 30 percent on security concerns. Hall, a trader nicknamed "God" by his peers, said he chose to close his flagship he... [Full Article...]

Shares of AstraZeneca PLC (AZN) are value at $29.10

Greenleaf Trust bought a new stake in shares of Astrazeneca PLC during the second quarter worth $402,000. Bank of America Corp DE now owns 45,744,976 shares of the company's stock worth $1,424,498,000 after buying an additional 10,414,969 shares in the last quarter. [Full Article...]

British Columbia minimum wage to increase to $15 per hour by 2021

British Columbia minimum wage to increase to $15 per hour by 2021 The NDP had campaigned in the May election to increase the minimum wage in B.C.to $15 per hour. Approximately 93,800 B.C. workers - or 4.8 per cent of paid employees - earned the minimum wage a year ago. After forming government, it agreed with the Green party to set up a commission that would oversee regular rate reviews. The commission will submit its first report within 90 days of its first... [Full Article...]

Fca nel mirino dei cinesi. E il titolo vola in Borsa

Fca nel mirino dei cinesi. E il titolo vola in Borsa Voci su un possibile interesse cinese per Fca erano comparse già all'inizio del 2017. Secondo il sito "sorprendentemente né Fca né i quattro costruttori cinesi parlano", ma - si fa notare - "se l'operazione procede il marchio Jeep , quintessenza dell'auto Usa, una volta posseduto dai tedeschi (di Daimler, ndr ) e recentemente passato nelle mani italo-olandesi (di Exor , ndr ) potrebbe ... [Full Article...]

US judge says LinkedIn cannot block startup from public profile data

US judge says LinkedIn cannot block startup from public profile data According to The Verge , the decision was made by a U.S. district court in relation to a lawsuit brought by a company called hiQ Labs against LinkedIn. "HiQ believes that public data must remain public, and innovation on the internet should not be stifled by legal bullying or the anti-competitive hoarding of public data by a small group of powerful companies", the company said in a statement ... [Full Article...]

Urban Outfitters, Inc. (NASDAQ:URBN) Stake Cut by Credit Suisse AG

Urban Outfitters, Inc. (NASDAQ:URBN) Stake Cut by Credit Suisse AG The stock tapped a 52-week high of US$81.61 while the mean 12-month price target for the shares is US$78.67. A 7 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of URBN or, if they already own its stock, sell it. [Full Article...]


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