Markets
Pentwater Capital Management LP Sells 798090 Shares of Kinder Morgan, Inc. (KMI)
It has underperformed by 16.70% the S&P500. Pentwater Capital Management LP decreased its holdings in shares of Kinder Morgan, Inc . Renaissance Technologies LLC now owns 8,210,372 shares of the pipeline company's stock valued at $157,311,000 after acquiring an additional 4,694,441 shares during the period. [Full Article...]
Reiterates "Underweight" Rating for BHP Billiton plc (BLT)
The rating was maintained by Goldman Sachs on Monday, August 15 with "Neutral". Shares of Bhp Billiton Plc ( BBL ) have a 7-day moving average of 35.82. (NASDAQ:NCMI). Ameritas Inv Ptnrs holds 0% or 5,048 shares. Cbre Group Inc (NYSE:CBG) was reduced too. Pub Employees Retirement Association Of Colorado accumulated 30,748 shares. [Full Article...]
General Electric all set for an overhaul with new top-level management
The New York Times notes that Rice and Comstock's retirements were not surprising given their age. General Electric (GE), a United States industrial conglomerate, has named its new Chief Financial Officer (CFO) as Jamie Miller , the previous head of the company's transportation unit. [Full Article...]
Fire Cancels American Airlines Flight in Hong Kong
American Airlines flight 192 was scheduled to depart Hong Kong at 6:10 p.m. local time before the fire forced the cancellation. Its passengers have been transferred to other flights. No crew or passengers were on board the aircraft, which was near gate No 42 at the airport. The operator of the equipment is being treated for "non-life-threatening" injuries, Thomas said. [Full Article...]
Analyzing the Insider Data for Amazon.com, Inc
Instinet lowered their price target on shares of Amazon .com from $1,100.00 to $975.00 and set a "buy" rating on the stock in a report on Friday, June 16th. Amazon .com had a return on equity of 9.38% and a net margin of 1.28%. Lombard Odier Asset Mgmt (Europe) has invested 0.24% in Amazon .com, Inc. Among 27 analysts covering Fitbit ( NYSE:FIT ), 4 have Buy rating, 3 Sell and 20 Hold. [Full Article...]
Walmart Mobile Express Returns Let You Make Easy Returns For Online Purchases
But the discount retailer is on a mission to slash that to 30 seconds, said Daniel Eckert, senior vice president of Wal-Mart Services and Digital Acceleration. The initiative could also be seen as a way to get consumers into its stores by cutting down on wait time but also as a way for consumers to use the Walmart app more often. [Full Article...]
Uncertainty over Eurofighter Typhoon Orders May Force Job Cuts at BAE Systems
The company is expected to make the announcement on Tuesday, with "well over 1,000" jobs expected to be cut. Over a third of the 34,500 employed by BAE in Britain work on the Typhoon jets, with final assembly done at the Warton plant. It is the third-biggest defence manufacturer in the world, with key markets in the US, Australia and Saudi Arabia. Only a month ago, BAE announced it had taken a... [Full Article...]
McDonald's promises more Szechuan Sauce after long lines, uproar
After facing intense backlash in restaurants and online, McDonald's has pledged to bring back more of the sauce. But the lines were long and the sauce ran out. The huge demand for special Szechuan sauce was created by " Rick and Morty ", which airs on Adult Swim on Turner Broadcasting's Cartoon Network, which has a huge fanbase. [Full Article...]