Markets
Stocks to Lookout For: UnitedHealth Group Incorporated (UNH), WW Grainger, Inc. (GWW)
Unitedhealth Group Inc now has $221.13B valuation. UnitedHealth Group Incorporated is maintained at an average buy rating by 22 stock analysts, and there are at least 0.8% of shares outstanding that are now legally short sold. ADP's profit will be $394.71 million for 31.90 P/E if the $0.89 EPS becomes a reality. Stewart & Patten Co Limited Liability holds 0.1% in UnitedHealth Group Incorpora... [Full Article...]
Telstra expects FY18 revenue hit from NBN's HFC hiccups, rollout delays
As for its total income this financial year, Telstra is forecasting it will drop by $700 million to a range between $27.6 billion and $29.5 million. The telco left its dividend unchanged at 22 cents per share. The delay specifically affects Telstra, whose previous guidance had been on the assumption that the rollout would be in line with NBN's 2017 corporate plan. [Full Article...]
South Australia's Giant Tesla Battery Is Switching On Today
It is expected to be just the first of a number of battery storage installations in South Australia , and across the country, and will be followed also by a number of pumped hydro projects too. Tesla finished the battery in about 60 days. Premier Jay Weatherill has said the battery, which will now have to be paid for, will form a part of the $530 million energy plan he has for the state, whic... [Full Article...]
Owner of seven Valley radio stations files Chapter 11 bankruptcy
The Atlanta company said all operations - like WABC in NY, which carries the Imus in the Morning program, WPLJ 95.5 and Nash FM - will continue uninterrupted. Since 2012, he said, the company has experienced declining year-over-year performance in ratings, revenue and earnings, reflecting in part "the availability of content and advertising opportunities in growing digital streaming and web-base... [Full Article...]
Union 'deeply concerned' at job losses at Palmer & Harvey
P&H, which is the UK's largest delivered wholesaler to the United Kingdom convenience market, has a distribution centre in Hemel Hempstead which employs roughly 300 staff. 'The administrators are working closely with employees affected by the closure of the business to ensure they receive the support they need during this hard time to assist with their claims for redundancy and other compensatory ... [Full Article...]
Walmart takes down T-shirt about killing journalists
The T-shirt was being offered on walmart.com by Teespring , which has since removed it from its own website. The shirt made headlines past year when a Trump supporter was spotted wearing it at a Trump rally in Minnesota days before the 2016 election. [Full Article...]
Enbridge shares climb after company announces $2.3 billion in asset sales
The percentage of shares being held by the company management was 0.5% while institutional stake was 72.5%. The Manufacturers Life Insurance Company lifted its stake in shares of Enbridge Energy by 25.6% in the second quarter. They set a "market perform" rating and a $19.00 target price for the company. Current levels places Spectra Energy Partners, LP (NYSE:SEP)'s stock about -12.25% from the 5... [Full Article...]
The Shore Capital Reiterates Buy Rating for Lloyds Banking Group PLC (LLOY)
Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since November 30, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Company has a sales growth for the last five (5) years is valued at -8.80%. Caxton Assoc Lp owns 168,155 shares. Medtronic Plc (NYSE:MDT) was reduced too. Philadelphia Financial Management Of San Francisco Llc holds 2.23% of its portfolio in Employers Hol... [Full Article...]