Business

Business China to import rice from the U.S. for the first time ever
Author: 0 China to import rice from the U.S. for the first time ever

For the first time ever, the United States will be able to export rice to China, the world's largest rice consumer. In 2016, China imported about 5.0 million tons of rice and is the world's biggest consumer, importer, and producer of rice. Another thing to watch is the import status of the three countries the US will be competing with in the future, Pakistan, Vietnam, and Thailand. The announcement was another sign of strengthening relations on agriculture trade between the United States and ...

Business Johnson & Johnson (JNJ) Holdings Decreased by APG Asset Management NV
Author: 0 Johnson & Johnson (JNJ) Holdings Decreased by APG Asset Management NV

Today, Johnson & Johnson (NYSE: JNJ ) stock was downgraded by Alembic Global Advisors from Neutral to Underweight. Johnson & Johnson's revenue for the quarter was up 1.9% on a year-over-year basis. 16,299 Johnson & Johnson (NYSE:JNJ) shares with value of $1.99M were sold by Pruden Gary J . The insider Duato Joaquin sold $6.18 million. Polar Capital Limited Liability Partnership invested in 0.29% or 160,000 shares.

Business Government borrowing up to £6.9bn in June
Author: 0 Government borrowing up to £6.9bn in June

Spending on debt interest jumped an annual 33 percent to 4.9 billion pounds, the highest for any month of June since 2011, reflecting a sharp rise in inflation which has pushed up the cost of index-linked bonds for the government. "Today's figures illustrate the challenges confronting (Hammond) to manage the public finances, as he is faced with a double whammy of slowing growth and rising inflation on one side and calls for greater expenditure on the other", said Philip Shaw, chief economist ...

Business Turkey, Germany Step Up War of Words
Author: 0 Turkey, Germany Step Up War of Words

The arrests were part of a broader crackdown across Turkish society since a failed coup last July. After months of discord over North Atlantic Treaty Organisation troop visits, imprisoned journalists and Turkish criticism peppered with Nazi references, tensions came to a head this week over the detention of a German human-rights activist, Peter Steudtner, and five others.

Business Shake-up at GSK could claim antibiotics unit and United Kingdom facilities
Author: 0 Shake-up at GSK could claim antibiotics unit and United Kingdom facilities

This includes proposing to close the associated manufacturing site in Slough. The company, with headquarters in Brentford, plans to invest more than £140m at its Ware, Hertfordshire, Barnard Castle, Co Durham and Montrose, Scotland sites from now until 2020, mainly to support expansion for production of respiratory and HIV medicines.

Business Bank of America chooses Dublin as location for its European Union hub
Author: 0 Bank of America chooses Dublin as location for its European Union hub

Financial services giant Bank of America ( BAC ) has chosen Dublin as the main base for its EU investments and markets operations once the United Kingdom exits the European Union , company CEO Brian Moynihan told the Financial Times . "This is yet another very important signal to the market that financial services companies can come to Ireland and service their European customers with minimum disruption to their business".

Author: 0 Audi joins Mercedez-Benz in diesel vehicle recall as emissions scrutiny grows

Luxury auto maker Audi has launched a recall for up to 850,000 diesel-fueled cars to update vehicle software controlling emissions in a bid to avoid potential driving bans, it said on Friday. Mercedes-Benz has also announced that nearly every one of its cars sold in the United Kingdom will have to have their diesel engines updated to reduce pollution levels.

Business GE's latest earnings are a last-chance showing for its CEO
Author: 0 GE's latest earnings are a last-chance showing for its CEO

Revenue fell 12% to $29.56 billion. GE management expects its cash flow to keep improving throughout the year. GE has now topped estimates in eight of its past nine quarters , though in most of those, per-share earnings fell and the bar was set relatively low.

Author: 0 Discovery Communications, Inc. (NASDAQ:DISCA) Trading Volume Significantly Higher

Ameritas Inv Incorporated reported 0.01% of its portfolio in Discovery Communications Inc. On average, equities research analysts anticipate that Discovery Communications , Inc. The value of the total investment in Discovery Communications , Inc. decreased from $1,459,000 to $1,306,000 a change of 10.5% quarter to quarter. Geode Capital Management LLC increased its stake in Discovery Communications by 11.8% in the first quarter.

Author: 0 Parametric Portfolio Associates LLC Increases Position in QEP Resources, Inc. (NYSE:QEP)

The firm owned 22,262 shares of the pipeline company's stock after buying an additional 2,379 shares during the period. State Street Corp owned about 3.85% of QEP Resources worth $117,640,000 as of its most recent SEC filing. 7/18/2017-Deutsche Bank AG was Downgraded by analysts at Deutsche Bank AG from a "Buy " rating to a " Hold" rating. The pipeline company reported ($0.14) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.21) by $0.07.

Business Paysafe Group Plc surges 9% on 590p per share potential offer
Author: 0 Paysafe Group Plc surges 9% on 590p per share potential offer

The terms of the possible offer state that each Paysafe shareholder would receive 590p per share. Since then it has seen its share price rise from 450p per share to 582p and the Blackstone/CVC bid values each share at 590p, a premium of 30% based on its May share price and a reflection of just how highly rated the sector now is by investors.

Author: 0 The United States Steel Corporation (X) Upgraded to "Hold" by BidaskClub

On June 23, 2017 the stock rating was set at "Buy" by Deutsche Bank up from the previous "Hold" rating . The shares were purchased at an average cost of $19.31 per share, with a total value of $28,965.00. Many analysts have provided their estimated foresights on United States Steel Corp. November 30 investment analysts at JP Morgan made no change to the stock rating of "Overweight" and raised the price expectation from $5.50 to $11.00.

Business Vodafone Reiterates Outlook Despite Quarterly Revenue Dip
Author: 0 Vodafone Reiterates Outlook Despite Quarterly Revenue Dip

European revenue in the first quarter fell year-on-year from £8.7 billion to £8.2 billion. It compared to a 1.5% increase in fourth quarter organic service revenue. Vodafone said it now has 83.5 million customers for 4G mobile date across its 22 countries, adding 8.8 million in the first quarter. During the quarter, Vodafone Ireland unveiled a €120 million business and IT transformation programme and, together with SIRO, launched its national Gigabit Hub Initiative which offers a 1 Gigabit ...

Business Priyanka Chopra plays supporting roles in her upcoming Hollywood films
Author: 0 Priyanka Chopra plays supporting roles in her upcoming Hollywood films

It has been learned that Priyanka will be honoured at the upcoming Toronto International Film Festival's annual soiree. The actress said, "Please don't go for them as Priyanka Chopra films". The organizers wanted to Priyanka Chopra to perform, just the way she had performed a year ago and walked with an award, but talks failed through when she found out that she was offered lesser pay than a male superstar.

Business Siemens to exit Russian power joint venture
Author: 0 Siemens to exit Russian power joint venture

Siemens said it had received "credible information" that its turbines had been diverted from the original destination. The four gas turbines in question had been delivered for a project in Taman, southern Russian Federation in 2016. Reuters said at the time the delivery might have taken place without Siemens' knowledge, which the company has since confirmed. Last week, a spokesman for German Chancellor Angela Merkel said the the delivery to Crimea was "remarkable and completely unacceptable".

Author: 0 Maxim Integrated Products, Inc. (MXIM) Plans Dividend Increase - $0.36 Per Share

On July 25 UBS held the company rating at "Neutral" but moved up the price target to $40.00 from $33.25. The share price of MXIM has risen by over 14.29% in the last six months. Therefore 54% are positive. The firm has "Hold" rating given on Monday, July 17 by B. Riley & Co. The correct version of this article can be read at https://www.chaffeybreeze.com/2017/07/21/maxim-integrated-products-inc-nasdaqmxim-upgraded-at-zacks-investment-research-updated-updated.html.

Author: 0 (MGM) Shares Trading unchanged at $32.79 MGM Resorts International To Join S&P…

MGM Resorts International had a higher price at the close than it did at the open. Alcoa Corp (NYSE:AA) stock reached a 1-year peak price of $39.78. Meredith Corporation is a diversified media company. MGM Resorts International reported earnings of $0.26 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 3.8%.

Author: 0 Corning Incorporated (GLW) Shares Sold by Cambridge Investment Research Advisors Inc

In Technology sector, shares of Corning Incorporated ( GLW ) were valued at $31.73 and moved 1.02% as of a recent closing trade. It has outperformed by 36.68% the S&P500. MARSHALL WACE ASIA Ltd bought a new position in Corning Incorporated (NYSE:GLW) during the first quarter, according to its most recent disclosure with the SEC.

Business Visa (V) Receives News Impact Rating of 0.04
Author: 0 Visa (V) Receives News Impact Rating of 0.04

Smithfield Trust Co. now owns 9,047 shares of the credit-card processor's stock valued at $804,000 after buying an additional 25 shares in the last quarter. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued. COPYRIGHT VIOLATION WARNING: This news story was originally reported by Markets Daily and is owned by of Markets Daily.

Business Ethereum Keeps Making Hackers Rich - This Time It's a $32 Million Heist
Author: 0 Ethereum Keeps Making Hackers Rich - This Time It's a $32 Million Heist

Manual Araoz, CTO at Zeppelin Solutions , said that Edgeless Casino , Swarm City , and æternity , have been affected by this hack. Users are scrambling to learn the extent of the breach and if their funds were made vulnerable. "Future multi-sig wallets created by versions of Parity are secure (Fix in the code is https://github.com/paritytech/parity/pull/6103 and the newly registered code is https://etherscan.io/tx/0x5f0846ccef8946d47f85715b7eea8fb69d3a9b9ef2d2b8abcf83983fb8d94f5f )".

Author: 0 Pioneer Natural Resources Company

The stock rose 1.15% or $1.89 reaching $165.83. 904,133 shares of the company's stock traded hands. Pioneer Natural Resources (NYSE: PXD ) last released its quarterly earnings data on Wednesday, May 3rd. The firm has "Buy" rating by Williams Capital Group given on Monday, August 29. As per Friday, August 5, the company rating was upgraded by Macquarie Research.

Business What Are Analysts Suggestions On Ford Motor Co. (F)
Author: 0 What Are Analysts Suggestions On Ford Motor Co. (F)

The stock declined 0.40% or $0.27 reaching $66.43 per share. Sometimes, we can understand most about a stock by simply looking at how it has been trading. Therefore 43% are positive. Now General Motors Company's current price is $15.57 shy of the official highest sell-side analyst price target on Wall Street.

Business Donald Trump Trolled by Japanese First Lady
Author: 0 Donald Trump Trolled by Japanese First Lady

The quotes about Japan's First Lady actually come from Trump himself. The US President was seated next to Akie Abe, wife of Japanese Prime Minister Shinzo, at a dinner to mark the end of the meeting in Hamburg on July 8. A video of the visit shows that, while Abe is accompanied by a translator for portions of the visit, she is also seen talking to Mrs. Trump and listening to the tour guide without a translator present.

Business Draghi Says He Wants Inflation Higher Before Removing Stimulus
Author: 0 Draghi Says He Wants Inflation Higher Before Removing Stimulus

That program has since been ended and the Fed has started raising interest rates. "The favoured sectors of recent years, such as consumer staples, will probably suffer as income investors can generate better returns in the bond markets, and the relative growth rates of staples relative to cyclicals will look unattractive in an accelerating economy".

Business Amazon takes a piece of the grocery industry
Author: 0 Amazon takes a piece of the grocery industry

Follow Business Insider Australia on Facebook , Twitter , LinkedIn , and Instagram . The meal was one of a number of options that showed up on Amazon's website, including Tacos Al Pastor, about a week or two ago for Chadd, who is an AmazonFresh customer.