Business

Business Wall Street opens lower on worries over delay in tax cuts
Author: 0 Wall Street opens lower on worries over delay in tax cuts

Industrials also added some pressure, falling 0.6 per cent. Ritchie Bros. The materials group, home to precious and base metals miners and fertilizer companies, dipped 0.5 per cent. All three major indexes were on track to end lower for the week, with the S&P and the Dow on track to post weekly losses after eight straight weeks of gains.

Author: 0 Marks and Spencer Group Plc (MKS) Receives Sell Rating from Liberum Capital

The stock has "Sell" rating by Berenberg on Thursday, March 9. BMO Capital Markets maintained the shares of CSCO in report on Thursday, August 17 with "Hold" rating. The company was maintained on Thursday, October 27 by JP Morgan. Marks Spencer Group PLC has recorded a 50-day average of 344.72GBX and a two hundred day average of 345.88GBX.

Author: 0 Price Target Estimates for Gilead Sciences Inc. (GILD)

Heading into the stock price potential, Gilead Sciences, Inc . needs to grow just 16.28% to cross its median price target of $85. Investment Centers of America Inc. Abbott Labs (NYSE:ABT) was reduced too. Gilead Sciences Inc . (NASDAQ:GILD) received a Buy rating from 4 analysts. Therefore 63% are positive. Hannover Ruckversich had 3 analyst reports since July 24, 2015 according to SRatingsIntel.

Business Macy's Inc Stock Up on Mixed Q3 Earnings Results
Author: 0 Macy's Inc Stock Up on Mixed Q3 Earnings Results

The Street is now looking for earnings of $3.39 per share for the year on revenues of $24.71 billion. The decline marked the 11th straight drop for the key measure. As it turns out though, the market liked what it heard from the retailer, sending Macy's stock up nearly 8% ... one of the third quarter's earnings season's most pleasant surprises yet.

Business USA corn production up, soybean down from October
Author: 0 USA corn production up, soybean down from October

The USDA production and yield estimates all were above average trade expectations of 14.323 billion bushels and 172.3 bushels an acre for corn and 4.404 billion bushels and 49.2 bushels an acre for soybeans , respectively. The agency's 2.1 percent bump to its previous corn yield forecast signals this year's bumper harvest may get even bigger, as the government has in the past followed up late season increases with further upward adjustments.

Business IBM Says it's Reached Milestone in Quantum Computing
Author: 0 IBM Says it's Reached Milestone in Quantum Computing

IBM has announced a milestone in its race against Google and other big tech firms to build a powerful quantum computer. It will be available by the end of the year. IBM has made significant strides tackling problems on small scale universal quantum computing systems. "Today, we are creating approximate universal, meaning it can perform arbitrary operations and programs, but it's approximating so that I have to live with errors and a [limited] window of time to perform the operations", Gil ...

Business Man dragged to death during road-rage spat
Author: 0 Man dragged to death during road-rage spat

According to police, Gavriel was involved in accident with another vehicle and both he and the 55-year-old driver got out of their cars to look at the damage. The driver of the van and the victim, who police say was a passenger in the auto being driven by his wife, got out and were arguing. The driver stopped at the intersection of 67th Street and Third Avenue, where first responders removed the victim from under the van, cops said.

Author: 0 Signet Jewelers Limited (SIG) Receiving Somewhat Positive Press Coverage, Study Finds

Argi Investment Services Llc decreased Signet Jewelers Limited Com ( SIG ) stake by 35.05% reported in 2017Q2 SEC filing. Cowen and Company cut shares of Signet Jewelers from an "outperform" rating to a "market perform" rating and dropped their target price for the stock from $96.00 to $85.00 in a research report on Tuesday, September 13th.

Business Oklahoma Sooners strike deal with Jordan Brand
Author: 0 Oklahoma Sooners strike deal with Jordan Brand

The Sooners are now a Nike school, but the iconic Swoosh will be traded-out for Michael Jordan's silhouette starting next season for the football team and men's and women's basketball programs. The Oklahoma Sooners tweeted out a video announcing that they are going to join the "iconic" brand. He holds BFA from the University of Florida/New World School of the Arts and is also a NY city based stand-up comedian.

Business 'Workers in Ford factories 'now wear bionic exoskeleton suits'
Author: 0 'Workers in Ford factories 'now wear bionic exoskeleton suits'

According to Ford a number of assembly line workers have to perform such tasks over 1 million times a year, and it is looking to see if the EksoVest reduces fatigue and injuries. Ford has been piloting the technology is two of its US plants and has now made plans to roll the unit out for further testing at sites in Europe and South America.

Business JC Penney Company Inc (JCP) Analysts See $-0.18 EPS
Author: 0 JC Penney Company Inc (JCP) Analysts See $-0.18 EPS

Finally, Deutsche Bank AG raised their target price on J. C. Penney Company, Inc . Guggenheim initiated coverage on J.C. Penney in a report on Friday, September 30th. After $-0.13 actual EPS reported by Liberty Media Corporation - Series C Liberty Formula One for the previous quarter, Wall Street now forecasts 192.31% negative EPS growth.

Business Vegas self-driving bus in accident two hours after launch
Author: 0 Vegas self-driving bus in accident two hours after launch

Less than two hours earlier, city officials unveiled the shuttle, making Las Vegas the first city in the United States to have a self-driving shuttle operating in real-time traffic, Fox News reported. While autonomous technology has removed a human being from the driver's seat, it hasn't removed human error from driving. The city claims the shuttle, operated by transportation systems firm Keolis, is the country's first autonomous shuttle to be fully integrated with "smart-city" ...

Business Ready meals firm Bakkavor Group resurrects cancelled IPO
Author: 0 Ready meals firm Bakkavor Group resurrects cancelled IPO

Exactly a week ago the company, which is UK's biggest maker of hummus and a major food supplier to supermarkets across the country, said that "proceeding with the transaction would not be in the best interests of the company, or its shareholders, given the current volatility in the IPO market".

Business China's Toutiao buys teens social video app Musical.ly in latest expansion
Author: 0 China's Toutiao buys teens social video app Musical.ly in latest expansion

Musical.ly, founded in Shanghai by Louis Yang and Alex Zhu in 2014, exploded in popularity among American teens in 2016 and has since expanded beyond its flagship app for creating and sharing personal music videos. Musical.ly, founded three years ago in Shanghai, is the first Chinese social media app to make it big in the US, where it has about 20 million users.

Business Today is Equal Pay Day: from now, women work 'for nothing'
Author: 0 Today is Equal Pay Day: from now, women work 'for nothing'

The persistent gender pay gap , maternity leave and career breaks can all hold back women's earning potential and this often impacts pension savings. The IEA also pointed out that its study shows that in Northern Ireland women are better paid by 3.4 per cent compared to men. Anne Milton, minister for women, said: "The pay gap won't close on its own - we all need to take action to make sure we address this".

Business United Kingdom manufacturing output continues to improve, trade deficit narrows
Author: 0 United Kingdom manufacturing output continues to improve, trade deficit narrows

European equity benchmarks were little changed on Friday morning as French industrial output rebounded in September from the previous month and annual United Kingdom production edged higher. The new figures will have no impact on the preliminary estimate of overall economic growth of 0.4% in the third quarter, government statisticians said.

Author: 0 The TrueCar Inc. (TRUE) Earns "Buy" Rating from Loop Capital

In an analyst report revealed on 7 November, The Outperform rating of TrueCar (NDAQ: TRUE ) shares was restate by RBC Capital Markets, who now has a $18.00 target on the stock. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company's stock.

Author: 0 USA Compression Partners, LP (NYSE:USAC) Cut to Strong Sell at BidaskClub

About 57,282 shares traded. It has underperformed by 1.30% the S&P500. American Century Companies Inc increased Edwards Lifesciences Corp (EW) stake by 1.58% reported in 2017Q2 SEC filing. Spirit of America Management Corp NY reduced its stake in USA Compression Partners , LP (NYSE:USAC) by 1.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).