Markets
Maruti Suzuki net profit rises 3.4 per cent during July-September 2017
This is a shift from an earlier policy that promoted hybrid and electric vehicles. Bhargava also talked about the future of the company and said that they are looking forward to launching electric cars in the country. The company said it expects a double-digit growth for the remainder of the financial year. Maruti Suzuki registered a profit of Rs 2,484 crore for the July-September quarter wher... [Full Article...]
Watch the world's first supersonic vehicle smash its first public test
Pilot Andy Green reads his pre-run checks beside the Bloodhound 1,000mph supersonic racing vehicle before its first public run. For the first tests, the vehicle was equipped with carbon disc brakes and wheels with Dunlop rubber tyres from an English Electric Lightning fighter aircraft. [Full Article...]
Financial Analysis and Stock Valuation: Huntsman Corporation (HUN), NextEra Energy, Inc. (NEE)
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NEE. NextEra Energy, Inc. (NYSE:NEE) earnings have risen with a quarterly rate of 1% over the last 5 years. NextEra Energy, Inc. has a 12 month low of $110.49 and a 12 month high of $156.00. (NYSE:NEE) has a Shareholder Yield of 0.010956 and a Shareholder Yield (Mebane Faber) of -0.02088. [Full Article...]
Freeport-McMoran, Inc. (NYSE:FCX) EPS Analysis
Bank of Nova Scotia's holdings in Freeport-McMoran were worth $3,678,000 at the end of the most recent reporting period. Several other large investors have also recently modified their holdings of the company. The company's quarterly revenue was up 11.2% compared to the same quarter past year. Equities research analysts expect that Freeport-McMoran will post $1.04 earnings per share for the curr... [Full Article...]
The Brokerages Set Imperial Oil Limited (IMO) Target Price at $46.93
The energy company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by ($0.30). Five investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. [Full Article...]
Joanne D. Smith Sells 33863 Shares of Delta Air Lines, Inc
The transportation company reported $1.57 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.53 by $0.04. The Coca-Cola Co (NYSE:KO) has declined 0.95% since October 27, 2016 and is downtrending. The rating was maintained by Deutsche Bank with "Buy" on Monday, October 5. (NYSE: DAL ) opened at 50.93 on Friday. The rating was maintained by Cowen & Co with "Market ... [Full Article...]
EPS for Cameco Corp (USA) (CCJ) Expected At $0.09
Several other institutional investors have also recently made changes to their positions in the stock. Capital Innovations LLC raised its stake in shares of Cameco Corporation by 71.4% during the 2nd quarter. The stock's market cap is $3.61 billion. Shares of Cameco Corporation (NYSE: CCJ ) (TSE:CCO) have earned an average rating of "Hold" from the twelve ratings firms that are presently cov... [Full Article...]
Real GDP Grew by 3.0% in the Third Quarter
The last time the economy had two consecutive quarters of above-3% growth was in 2014. A reading on core consumer prices, which exclude food and energy prices, showed that the pace of price growth accelerated to 1.3% in the third quarter from 0.9% in the second quarter. [Full Article...]