Markets
Marvell Technology Group Ltd. Reveals 56% Rise In Q2 Bottom Line
It has outperformed by 47.84% the S&P500. Eight analysts surveyed by Zacks expected $600.3 million. Next quarter's EPS is forecasted at $0.31 with next year's EPS anticipated to be $1.23. (NASDAQ:XLNX) has a market cap of $15.99 billion and over the last 12 months, XLNX has risen by 18.47%. Susquehanna has "Neutral" rating and $9 target. [Full Article...]
'Self-driving' lorries to be trialled on United Kingdom motorways
Edmund King, president of the AA, said: I think the real problem in Britain is that we have some of the most congested motorways in the world. He said: "A three-truck platoon is longer than half a Premier League football pitch". The constant controlled speed delivers fuel savings and environmental benefits through the reduction of Carbon dioxide emissions, whilst the ability to decrease the dist... [Full Article...]
Qantas achieves second-highest profit ever
Qantas also confirmed plans to sell non-stop flights from Sydney to London and NY by 2022. Net profit for the 12 months to June 30 2017 came in at $852 million, down 17.2 per cent from $1.03 billion in the prior corresponding period. The Australian government even refused to guarantee Qantas's debt. It is slightly above the guidance range provided in early May this year, mainly due to strength... [Full Article...]
What Is Insider Trading Activity Like At Regal Entertainment Group (RGC)?
Its up 0.77, from 1.07 in 2016Q3. About 260,279 shares traded. Regal Entertainment Group (NYSE: RGC ) had an increase of 4.04% in short interest. The most recent non open market insider trade was completed by MILES AMY E on 01/28/2017, and was a disposition of 4,809 shares with a final price of $22.87. [Full Article...]
China says new United States sanctions won't help cooperation on N Korea
The penalties on the Chinese entities follow a similar action late last month when Japan and the United States sanctioned the Bank of Dandong, a Chinese bank accused of laundering money for North Korea, cutting it off from the U.S. The US labeled its new unilateral sanctions against North Korea as a measure to increase pressure on the hermit state and bring it back to the negotiation table amid ... [Full Article...]
Sherwin-Williams Company (The) (SHW) Position Lowered by Zweig DiMenna Associates LLC
About 27,690 shares traded. Aecom (NYSE:ACM) has risen 3.75% since August 24, 2016 and is uptrending. It has underperformed by 1.43% the S&P500. KBC Group trimmed its stake in stocks of Sherwin-Williams Company (The) (NYSE: SHW ) by 0.4% through out the Fiscal Q2, based on a filing with the SEC (SEC). [Full Article...]
The Michaels Companies, Inc. (MIK) Updates FY18 Earnings Guidance
During the same period in the previous year, the company earned $0.17 EPS. (NASDAQ:MIK) updated its FY18 earnings guidance on Thursday. Image source: The Michaels Companies . The Fiera Capital Corp holds 1.64 million shares with $33.54M value, up from 1.42M last quarter. Citigroup maintained New Home Company Inc (NYSE:NWHM) on Wednesday, June 15 with "Neutral" rating. [Full Article...]
The TLP Group LLC Raises Stake in Medtronic PLC (NYSE:MDT)
The SI to Medtronic Plc's float is 0.66%. The company is now down by -0.64% since yesterday's close of $79.75. About 3.94 million shares traded. Now the shares of Medtronic plc (MDT) has the trading volume of 9.38 Million shares with the average trading volume of 3850 shares. [Full Article...]