Markets
BHP Billiton (LON:BLT) Upgraded by Goldman Sachs to Neutral
Pictet North America Advisors Sa who had been investing in Bhp Billiton Ltd for a number of months, seems to be bullish on the $115.18 billion market cap company. The firm earned "Underperform" rating on Wednesday, July 27 by CLSA. JP Morgan maintained BHP Billiton Limited (NYSE:BHP) on Wednesday, July 22 with "Neutral" rating. [Full Article...]
Pentwater Capital Management LP Upped Its Nxp Semiconductors NV (NXPI) Holding
On Thursday, February 8 the rating was maintained by Drexel Hamilton with "Hold". On Tuesday, August 4 the stock rating was reinitiated by Bank of America with "Buy". It offers products for audio and visual head-end unit applications, such as single-chip radio solutions, audio amplifiers and power analog products, and i.MX applications processors; and in-vehicle networking products, two-way secure... [Full Article...]
(MCD) Holdings Cut by Whittier Trust Co
The stock outperformed the S&P 500 by 10.07%. Alpha Cubed Investments Llc acquired 9,691 shares as Mcdonalds Corp ( MCD)'s stock declined 8.13%. The institutional investor held 1,448 shares of the restaurants company at the end of 2017Q4, valued at $249.25M, down from 1,496 at the end of the previous reported quarter. [Full Article...]
CBI issues non-bailable warrant against Nirav Modi, Mehul Choksi
The CBI said the whereabouts of both remained unknown, and that it "continued the questioning of officers of overseas branches of Indian banks that extended alleged credit facilities on the basis of LoUs (letters of undertaking) issued by PNB to firms related to Nirav Modi and Mehul Choksi ". [Full Article...]
Train runs without engine for 10 km in India, passengers safe
The incident happened apparently due to non-application of skid-brake on the wheels of the coaches by the staff deployed there. The speed of the coaches slowed down at the up where the staff put blocks. "Facts will be known after a detailed enquiry", he said. Divisional Railway Manager, Sambalpur, Jaideep Gupta, has ordered a senior official-level inquiry into the incident. [Full Article...]
Renewed trade tensions send stocks lower
The market didn't get any help from a March jobs report that was weaker than expected. The Dow Jones Industrial Average late-morning Friday was trading near session lows as worries about intensifying conflicts between the us and China. Nixon, of Northern Trust, said businesses also support the idea of making changes in America's trade relationship with China. Optimism about the world economy h... [Full Article...]
Stock dive as trade tensions heat up between United States and China
Technology companies and banks are taking some of the worst losses. With administration officials sounding conciliatory one day and more hostile the next and the President always quick to fire off another tweet, investors simply don't know what the USA wants to achieve, said Katie Nixon, chief investment officer for Northern Trust Wealth Management. [Full Article...]
Macquarie Group Ltd. Lowers Holdings in Alibaba Group (BABA)
Alibaba Group Holding Limited has volume of 18.21 million shares. Now it had 5.58 million shares held by the institutional investor. The stock of Alibaba Group Holding Limited (NYSE:BABA) has "Buy" rating given on Wednesday, September 20 by Jefferies. [Full Article...]