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Entreprise

Prataap Snacks IPO subscribed 42% on day one

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On Thursday, Prataap Snacks allotted equity shares worth Rs 143.4 crore at Rs 938 to 15 anchor investors. Goldman Sachs India Ltd, Fidelity Funds, Smallcap World Fund Inc and HDFC Trustee Company are among the anchor investors. It also plans to expand into confectionaries and health snacks. It makes and sells potato-based snacks, extruded snacks and namkeen. It has pumped a total of Rs265 crore into Prataap Snacks since it first invested in the company in 2011. Lire la suite »

Early morning fire breaks out at Parkmerced high-rise apartments

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Two of the adults who were rescued were taken to a hospital with injuries. The two-alarm fire ignited at the Parkmerced complex on 125 Cambon Drive. The rest of the building is under a shelter in place. The fire has been put out, but the public is asked to avoid the area as crews clean up and assess the area. Lire la suite »

US, EU to sign covered agreement on insurer equivalency

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The bilateral agreement between the jurisdictions was reached in the waning days of the Obama administration and has been under review by the Trump administration, which was being lobbied by the National Association of Insurance Commissioners and some federal legislators to revisit certain provisions of the agreement. Lire la suite »

Scana Corporation (NYSE:SCG) Valuation According To Analysts

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A number of other equities analysts also recently weighed in on SCG. Gabelli cut Scana Corporation from a "buy" recommendation to a "hold" recommendation in a analysis note on Friday morning, Jul 28th. 07/28/2017 - Scana Corporation was downgraded to "hold" by analysts at Gabelli. The company also recently declared a quarterly dividend, which will be paid on Sunday, October 1st. Lire la suite »

Investor group seeks probe into SEC hack

The SEC, which regulates the financial securities industry, gave few details on the hack but said the hackers may have made "illicit gain through trading", NBC News reported. The SEC hasn't said whether it is investigating the hack at Equifax, but the agency for years has leaned on publicly traded corporations to strengthen their own cybersecurity systems. Lire la suite »

Réforme du code du travail : ce qui change pour le salarié

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Alors que la rumeur d'un éventuel rapprochement entre leurs deux organisations circule, Philippe Martinez, le numéro 1 de la CGT, a encore semé le doute, en lançant jeudi sur LCI , quelques heures avant la mobilisation contre les ordonnances: " Je pense qu'il faut que nous nous rencontrions rapidement pour envisager des formes de mobilisation unitaire ". Lire la suite »

La marque Hema met fin à la distinction fille-garçon

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Hema continuera quand même à produire des robes roses et des pyjamas bleus, souligne l'édition néerlandaise de Elle . Dans les magasins Hema, la présentation des articles ne sera désormais plus cloisonnée entre deux rayons spécifiques pour les enfants de tel ou tel sexe, mais regroupée sous l'appellation "kids ". Lire la suite »

CEA Arvind Subramanian gets 1-yr extension

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With the announcement, the government put to rest speculations that Subramanian had been considering resigning from the post of CEA before the end of his term on October 16 this year. Chief Economic Adviser to Government of India Arvind Subramanian. Subramanian is the third economist of worldwide renown to have been appointed to the key post of chief economic advisor. Lire la suite »

Standard and Poor's abaisse la note de la Chine

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Une première en près de 30 ans, en raison de l'explosion de la dette et du ralentissement de sa croissance économique du pays. L'endettement public et privé en Chine depuis 2009 inquiète. Raison pour laquelle, le gouvernement fait le nettoyage dans ses industries endettées et celles en sur-capacitaires vivant à crédit. L'agence de notation précise dans un communiqué que la note A+ est assortie d'une perspective stable , reflétant son sentiment que la croissance restera vigoureuse et que ... Lire la suite »

Which Analysts Are Watching Unilever PLC (NYSE:UL)?

The average stock price target is 44.24GBX with 1 broker rating the stock a strong buy, 10 firms rating the stock a buy, 6 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally one equity analyst rating the company a sell. Lire la suite »

Global Automotive Motors Market 2017 - Remy International, Asmo, Shihlin Electric , Continental, Mabuchi

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Automotive Hub Bearing market study is based on major geographical regions (North America, Europe, Africa, India, Middle East, Africa, China, Japan). Nylon 66 Automotive Airbag Fabric market report covers useful details which are categorized based on Nylon 66 Automotive Airbag Fabric production region, major players, and product type which will provide a simplified view of the industry. Lire la suite »

Lear Corporation (NYSE:LEA) Trending Above The Moving Averages

Finally, J P Morgan Chase & Co raised their target price on Westlake Chemical Corporation from $70.00 to $72.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 31st. The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Since January 1, 0001, it had 0 insider purchases, and 1 sale for $409,198 activity. Lire la suite »

Arista Networks, Inc. (ANET) Hits a New 52-Week High

Public Employees Retirement System of OH now owns 22,121 shares of the technology company's stock valued at $3,314,000 after purchasing an additional 6,823 shares in the last quarter. During the same quarter in the prior year, the firm earned $0.74 earnings per share. Analysts anticipate that Arista Networks will post $4.70 EPS for the current fiscal year. Lire la suite »

Gold Sinks to 4-Week Low as Year-end Rate Hike Expectations Spike

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Late in the NY day, the American Petroleum Institute industry group said USA crude stocks rose by 1.4 million barrels in the week to September 15. Platinum also shrugged earlier gains and lost a total of 0.3% at $938 an ounce. MSCI's gauge of stocks across the globe gained 0.14 percent and hit another record high. It also lowered again its estimated long-term "neutral" interest rate from 3.0 percent to 2.75 percent, reflecting concerns about overall economic vitality. Lire la suite »

Is Buying Zion Oil & Gas Incorporated (NASDAQ:ZN) Here Good Idea?

Steadfast Capital Management Lp acquired 1.64M shares as Cabot Oil & Gas Corp ( COG)'s stock rose 1.60%. The stock decreased 1.17% or $0.31 during the last trading session, reaching $26.21. Its up 0.08, from 0.89 in 2017Q1. It is negative, as 68 investors sold PEP shares while 674 reduced holdings. Goldman Sachs Group accumulated 3.06 million shares. Lire la suite »

Interpublic Group of Companies, Inc

The quarterly performance for the stock is -6.57%, while the half-yearly performance is -22.11%. Adage Cap Ptnrs Gp Lc stated it has 0.05% in Interpublic Group of Companies Inc (NYSE: IPG ). Of course, these surface-level price movements don't tell us much about the direction that IPG may be headed in the future. The company shares sank -6.91% from their peak of $90.49 and now has a $30.94 billion market value of equity. Lire la suite »

Mayoral candidate Frank Scurlock denies lewd conduct charge

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Investigators said the Uber driver was on a freeway near Santa Monica when she heard sounds coming from the back where Scurlock was sitting. Scurlock, whose family invented the bouncy house and whose splashy campaign ads have pledged to "Uberize" the New Orleans Police Department, was allegedly caught masturbating by a driver taking him to a hotel in West Hollywood on February 10, Santa Monica Chief Deputy City Attorney Terry White said. Lire la suite »

Gold futures rise on escalating geopolitical tensions

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The Japanese yen and Swiss franc gained on the possibility of North Korea conducting another nuclear test. US stocks and the greenback were down. Spot gold was up 0.4 percent at $1,296.58 an ounce, as of 0408 GMT. Gold is sensitive to moves higher in USA rates, which lift the opportunity cost of holding non-yielding assets such as bullion. "Gold took quite a beating after the US Federal Reserve meeting but now the market got the news about North Korea and now investors are moving back in ... Lire la suite »

Conagra buying Mankato-based Boomchickapop

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Angie's Boomchickapop is a great example of this - its commitment to great taste and authenticity has enabled it to flourish as an adored consumer brand in the better-for-you snacking space. The brand features more than a dozen varieties of ready-to-eat popcorn and is available nationwide. "We are confident that the Angie's BOOMCHICKAPOP business will continue to expand its reach as a part of Conagra Brands ". Lire la suite »

Moody's downgrades UK's credit rating due to spending and Brexit fears

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Moody's, one of the major ratings agencies, downgraded the United Kingdom to an Aa2 rating from Aa1. The rating agency noted the United Kingdom has found it hard to implement spending cuts, while at the same time, had to increase spending in Northern Ireland as part of a deal to get a working parliamentary majority. Lire la suite »

US stocks edge higher in early trading; oil prices rise

In Australia, central bank governor Philip Lowe said interest rates were more likely to go up than down but would stay at record lows for some time as inflation remained weak. ENERGY: Benchmark U.S. crude rose 36 cents to $50.27 a barrel while Brent crude, used to price international oils, advanced 17 cents to $55.67. Kitco Metals Inc . Lire la suite »

HP Enterprise se sépare de 10% de ses effectifs

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D'après Bloomberg , des postes de direction seraient dans le viseur de HPE . Malgré des " résultats encourageants", la CEO Meg Whitman avait annoncé son intention de réduire des couches organisationnelles pour optimiser l'efficacité de l'entreprise. Lire la suite »

Reliance Home Finance debuts on markets; lists at 5% upper circuit

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Parent company, Reliance Capital was trading lower by 3.52% or Rs 25.25 per share, at Rs 692.65 per share as of 1004 hours. The stock opened the day at Rs 104 on BSE. The firm had assets under management (AUMs) of Rs 13,022 crore as of June 30, 2017. Reliance Home Finance, a 100 per cent subsidiary of Reliance Capital, provides a wide range of loan solutions like home loan , loan against property, construction finance and affordable housing loans. Lire la suite »