Markets
Sports Direct buys a 25% stake in GAME
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Mr Ashley's investment into Game Digital follows a profit warning from the retailer back in June, after a stock shortage of the latest Nintendo Switch console affected annual profits. Game's shares closed almost 23% higher on Wednesday amid speculation about higher-than-average trading activity. Admittedly GAME's response to its new shareholder appeared less than welcoming and may be it is n... [Full Article...]
AstraZeneca Falls After Report Says Its CEO Is Leaving for Teva
Should he accept the offer, the Frenchman is expected to pocket a $20 million signing bonus and nearly double the $5.7 million salary his predecessor received. Pascal Soriot has led the Anglo-Swedish drugmaker since 2012 and in 2014 fended off a takeover approach by USA pharma giant Pfizer. This year is also make or break for the company's drugs pipeline, with several key cancer treatments expec... [Full Article...]
Shell exits Ireland with Corrib sale
CPPIB will operate the field with Vermilion Energy Inc ( VET ) as it attempts to diversify beyond domestic markets in Canada. It includes an initial consideration of $947 million and additional payments of up to $285 million between 2018 and 2025, subject to gas price and production. [Full Article...]
How Analysts Feel About Delta Air Lines, Inc. (NYSE:DAL)?
Finally, Dimensional Fund Advisors LP raised its position in shares of Delta Air Lines by 85.6% in the first quarter. Finally, Ruggie Capital Group raised its position in Delta Air Lines by 1,187.0% in the first quarter. Delta's profits declined by almost 21% amid a jump in operating expenses; earnings of $1.22 billion dipped from the year-ago period's $1.55 billion. [Full Article...]
Magellan Midstream Partners LP
The Janney Capital Management Llc holds 645,952 shares with $20.98 million value, down from 693,628 last quarter. Magellan Midstream Partners L.P. has a 12-month low of $64.25 and a 12-month high of $81.77. It is 0.00% or $0 reaching $26.64 per share. Tower Rech Lc (Trc) owns 580 shares for 0% of their portfolio. Barclays Public Ltd Co holds 0% or 50,681 shares in its portfolio. [Full Article...]
Were Analysts Bullish Ocular Therapeutix Inc (NASDAQ:OCUL) This Week?
Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. Are Ocular Therapeutix, Inc. Ocular Therapeutix had a negative net margin of 2,620.06% and a negative return on equity of 80.26%. For the past 5 years, Ocular Therapeutix, Inc.'s EPS growth has been almost 0%. [Full Article...]
The never ending war : Jose aims at Wenger and his latest signing
He would like me to go to Fulham but it didn't go through and then I had this option. "He's a big personality and a big player". He told manutd.com : "I am very happy that I am back, and I can be part of this team ". Fellow new boy Victor Lindelof , a summer acquisition from Benfica, trained with his new team-mates at UCLA, where Luke Shaw and Ashley Young worked away from the main group ... [Full Article...]
Melbourne's peak-hour trains at a standstill after computer glitch
But one person's misfortune is another's golden opportunity, as ride sharing service Uber discovered, with the app's infamous surge pricing kicking in at almost 400% more than the normal price. 'We are now experiencing delays to all lines due to an computer fault affecting the suburban area. UPDATE (5:40pm): Melbourne's trains have resumed after a massive signal fault froze trains for an hour an... [Full Article...]