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The Iteris, Inc. (ITI) Expected to Post Earnings of -$0.02 Per Share

The company's market capitalization is $204.38 million. The firm had revenue of $25.30 million during the quarter, compared to analyst estimates of $21.50 million. If you are reading this article on another site, it was copied illegally and republished in violation of US and worldwide copyright laws. In related news, Director Global Investors Fundamental sold 385,218 shares of Iteris stock in a transaction that occurred on Tuesday, June 13th. Lire la suite »

FCA kicks off wide-reaching platform market probe


Product suitability will also make it into the FCA scope of analysis, looking at whether platforms' risk profiling tools match investors to a portfolio mirroring clients' risk level. The regulator also expressed concern "consumer harm may arise if the interests and choices of the adviser and investor are not aligned". "In principle, platforms allow retail investors to pool their money and achieve better investment returns", it continued. Lire la suite »

House price growth flat amid affordability squeeze


The Rightmove report suggests annual average house price increases of 2.8% so far this year, which is absolutely in line with market forecasts and expectations for 2017, so again should not raise any alarm bells whatsoever. "In the North, Manchester, Leeds and Birmingham continue to enjoy strong performance, whilst across the country, first-time buyers have also doubled in number from the market low of 2009". Lire la suite »

Here's why De Gea will not be leaving Manchester United this summer

United had been strongly linked with a move for the Spain worldwide before the Premier League club concluded a £75million deal to sign Romelu Lukaku from Everton . I wish him the best, at Madrid or anywhere else. However, Chelsea's attention appears to be split between a number of strikers as it stands - with Borussia Dortmund's Pierre-Emerick Aubameyang believed to now sit at the top of their wish list - and it could leave Milan free to secure a deal for Morata. Lire la suite »

Organised crime gang trading in illegal horsemeat 'dismantled', says Europol


Some of the horses were sourced in Portugal. The investigation began in 2013 after authorities in Ireland discovered beefburgers containing horsemeat . Horses in Portugal and Spain deemed unfit for consumption were slaughtered and their meat passed off as edible. A Dutch national has been arrested in Belgium and authorities suspect that he is the mastermind behind the operation. Lire la suite »

Toshiba to hold off chip unit deal until July 28 hearing


While Toshiba needs to raise cash to stay afloat following losses in its nuclear division, Western Digital has sought to block the deal on concerns the chip unit may end up with competitors. But Park Sung-wook, vice chairman of SK Hynix, met reporters on July 12 and said, "We are not considering giving up the takeover at all". The two sides could not agree, so Judge Kahn instructed them to come up with final language for his proposed order and set a new hearing for July 28, when a ... Lire la suite »

Nustar GP Holdings (NYSE:NSH) Given Daily Media Impact Score of 0.24

They set a neutral rating and a $47.00 target price for the company. Wells Fargo & Company raised Nustar GP Holdings from a "market perform" rating to an "outperform" rating in a research report on Friday, April 21st. The shares were bought at an average price of $46.40 per share, for a total transaction of $232,000.00. Following the completion of the transaction, the director now directly owns 7,818 shares of the company's stock, valued at approximately $334,688.58. Lire la suite »

Mets GM Sandy Alderson Doesn't "Foresee" Team Calling Up Tim Tebow


Footage of the home run popped up on Twitter nearly immediately. "He seems to be doing well". Mets general manager Sandy Alderson says he doesn't foresee Tebow playing for the Mets this season. "With how much skill it takes to play this game, for him to take that much time off [and compete in the minor leagues] is pretty impressive". As I noted , though, the move made financial sense for the Mets. Lire la suite »

Analysts Recommended this Stock: Verastem, Inc. (VSTM)

The company discovers, researches, and develops new medicines for the treatment of major cancers such as breast cancer. Verastem had 20 analyst reports since September 9, 2015 according to SRatingsIntel. The biopharmaceutical company reported ($0.35) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.35). On average, equities analysts predict that Verastem will post ($1.31) EPS for the current fiscal year. Lire la suite »

Carillion calls in accountant EY to cut costs


This article was published on 17 Jul 2017 (last updated on 17 Jul 2017). The firm, which also hired HSBC last week for extra financial advice last week , said today it has "identified a number of actions to reduce average net borrowing including further cost efficiencies, an increased focus on managing working capital and on recoveries and cash collection". Lire la suite »

Sixth casino vessel grounded on Aguada sandbar


The sources maintained that the jerk suffered by the vessel resulted in seriously injuring one and inflicting minor injuries to three to four others. At 9 pm, on Friday, Dy Captain of Port made a request to rescue the injured crew. The Congress demanded a probe on how the vessel was allowed to drift from a nearby Mormugao Port Trust berth during monsoon. A few days ago the owner of the vessel had sought permission to anchor in River Mandovi as a refuge vessel which was granted by the court. Lire la suite »

Coles Under Pressure To Reveal Its Plastic Bag Numbers


Veteran ban-the-bags campaigner John Dee says Coles must now reveal its usage rates, after also agreeing to a 12-month phase out. "We now give out more than 3.2bn lightweight plastic bags a year and hence can play a significant role in reducing overall plastic bag usage", Banducci said in a company statement released 14 July. Lire la suite »

Samajwadi Party divided, Shivpal backs Kovind


If cross voting takes place in SP - as is now expected - it would create a piquant situation for SP chief Akhilesh Yadav . Samajwadi Party founder Mulayam Singh Yadav with his brother and senior leader Shivpal Singh Yadav. BJP has selected a strong candidate. MLAs and MPs are bound by what he says. "He is a good man and the best candidate", Mr. Shivpal Yadav said. With the father-son duo again at loggerheads, the votes of the Samajwadi party are all set to be divided in the Presidential ... Lire la suite »

Canada's Trudeau meets tiny namesake, the son of refugees


According to a report in CBC News , on meeting the prime minister baby Trudeau's mother said, "It was actually very good, it was unbelievable". The boy's parents, Afraa Hajj Hammoud and Mohammed Bilal , arrived in Canada in February of 2016 and named their newborn in May. Lire la suite »

Kuwait: it's premature for OPEC to cap Libya, Nigeria oil output


It rose modestly the following Monday but rising drilling activity in the United States and uncertainty over Libyan and Nigerian production cuts clouded the future supply outlook. "This month, there are two hitches: a dramatic recovery in oil production from Libya and Nigeria and a lower rate of compliance by OPEC with its own output agreement". Lire la suite »

GOP bills would erase protections for sick Americans


These setbacks are the latest in the GOP's struggle to enact a bill to replace the Affordable Care Act and fulfill a campaign promise central to the party's message over the past seven years. Despite unified control of Congress and Trump in the White House, disagreements within the GOP still threaten to cripple its effort to overhaul the health-care system. Lire la suite »

EasyJet head Carolyn McCall joins ITV as chief executive officer


Easyjet will announce its third-quarter trading update on Thursday, with its new chief executive having to steer the airline through the Brexit process. "I'm delighted we'll be working together at ITV ". John Barton, EasyJet chairman, said: "I speak for absolutely everyone at EasyJet in saying we will be sorry to see Carolyn leave and that we wish her well in her exciting new role". Lire la suite »

Diamondback Energy, Inc. (FANG) Stake Lowered by Oppenheimer & Co. Inc

The stock declined 0.32% or $0.28 reaching $87.83 on the news. The stock had a trading volume of 890,457 shares. Diamondback Energy Inc (NASDAQ: FANG ) has risen 18.62% since July 14, 2016 and is uptrending. The rating was downgraded by Roth Capital on Monday, May 9 to "Neutral". Scotiabank reiterated a "buy" rating and issued a $121.00 price objective on shares of Diamondback Energy in a report on Monday, March 27th. Lire la suite »

Pepsico, Inc. (PEP) Shares Sold by CAPROCK Group Inc

Russell Investments Group Ltd. purchased a new stake in shares of Pepsico during the fourth quarter valued at $355,439,000. Pepsico accounts for about 0.3% of Corundum Group Inc.'s holdings, making the stock its 22nd largest position. 58,268 were accumulated by Beacon Trust. Investors of record on Friday, September 1st will be given a $0.805 dividend. Investors measure stock performance on the basis of a company's earnings power. Lire la suite »