Finance

Finance July's new home sales dropped to new low for 2017
Author: 0 July's new home sales dropped to new low for 2017

With sales dropping in July, the month's supply of homes rose to 5.8 months from 5.2 - the highest since September 2015. The PHLX index of housing stocks .HGX fell in line with a broadly weaker US stock market. "Until builders switch their efforts to cheaper starter homes that will limit to degree to which sales can grow". Of course, existing home supply is down, too, so that helps to push up demand on newly built homes, which moved to almost 6 months of supply in July.

Author: 0 BB&T Securities LLC Has $4.47 Million Stake in Morgan Stanley (MS)

Parkside Financial Bank & Trust boosted its stake in Morgan Stanley by 9.1% in the second quarter. The value of the company's investment in Morgan Stanley Asia-Pacific Fun increased from $36,321,000 to $45,159,000 a change of $8,838,000 quarter over quarter.

Finance WPP shares fall after a dip in sales and billings
Author: 0 WPP shares fall after a dip in sales and billings

Q2 DIM revenue across Western Continental Europe, Asia Pacific and Africa and the Middle East, declined from the first quarter, while North America, the United Kingdom and Latin America saw growth. Like-for-like net sales, which had grown 0.8% in the first three months of the year, fell 1.7% in the second quarter leaving them 0.5% lower for the first six months of 2017.

Finance Advertising giant WPP cuts full-year revenue forecast
Author: 0 Advertising giant WPP cuts full-year revenue forecast

Chief executive Sorrell said that in the past year, growth had become "even more hard to find". It also reported that first-half like-for-like net sales were down 0.5 percent, below a consensus of 0.7 percent growth. Some financial service and telecom clients also reported slower sales in the half. One of the best known businessmen in Britain, Sorrell built the advertising group from a two-man operation in a London office in 1985 to one that now dominates the industry with 205,000 people, ...

Finance Americans Witness It's First Solar Eclipse In 99yrs
Author: 0 Americans Witness It's First Solar Eclipse In 99yrs

Donald Trump has been caught looking at the solar eclipse without special glasses, despite all expert advice saying this practice is unsafe. ABC News tweeted , "Someone shouts don't look as Pres. A video featuring National Football League star Odell Beckham Jr, which was posted on Twitter, appears to show him squinting into the sun. However, during an eclipse, you won't necessarily experience pain, but you can still get serious eye damage.

Finance Provident Financial plc (PFG) Lowered to Neutral at JP Morgan Chase & Co
Author: 0 Provident Financial plc (PFG) Lowered to Neutral at JP Morgan Chase & Co

It has a 75.76 P/E ratio. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions. Liberum Capital reiterated a hold rating and issued a GBX 2,595 ($33.69) target price on shares of Provident Financial plc in a research note on Thursday, May 4th.

Finance Fisher Acquires 8 Shares of Provident Financial plc (PFG) Stock
Author: 0 Fisher Acquires 8 Shares of Provident Financial plc (PFG) Stock

The rating was upgraded by Landesbank on Tuesday, November 3 to "Buy". Provident Financial is now the smallest firm in the FTSE 100 , making it a likely candidate for deletion with the upcoming re-weight of the blue-chip index. (NYSE:LCI). Pinebridge Invests Limited Partnership has invested 0% of its portfolio in Lannett Company, Inc. About 2.12 million shares traded or 340.16% up from the average.

Finance RBI likely to introduce Rs 200 notes from September
Author: 0 RBI likely to introduce Rs 200 notes from September

Asked whether the government was considering the phasing out of newly introduced Rs 2,000 notes, Jaitley told reporters here after a meeting of the cabinet: "No, there was no such discussion". Additionally, according to an estimate by the SBI economic research, the share of higher denomination notes (Rs 500 and Rs 2,000) has come down to about 70 per cent to the overall share from 86 per cent before the country's currency swap programme.

Finance Train With No Passengers On Board Derails Inside Penn Station
Author: 0 Train With No Passengers On Board Derails Inside Penn Station

An unoccupied NJ Transit train pulled into the city's major train hub Wednesday and derailed on Penn Station's Track 4 at around 4:20 a.m. The train had a conductor, but no passengers on board. The derailment occurred where fix work that began recently is still in progress, WNBC reported . The cause of the derailment was under investigation.

Finance Cisco Plans To Acquire Hyperconvergence Startup For $320 Million
Author: 0 Cisco Plans To Acquire Hyperconvergence Startup For $320 Million

The stock is now showing its Return on Assets (ROA) value of 7.6 Percent. Coldstream Capital Management Inc increased Vanguard Index Fds (VXF) stake by 69,770 shares to 375,536 valued at $36.01 million in 2016Q4. Before the Cisco deal Springpath had hired a new CEO, Terry Cunningham , in May 2015. (NASDAQ:AMZN) on Friday, February 3 with "Buy" rating. Service Automobile Association has invested 1.05% in Cisco Systems, Inc.

Finance Rescued piglets served to United Kingdom firefighters as sausage
Author: 0 Rescued piglets served to United Kingdom firefighters as sausage

As BBC News reports , firefighters in the town of Pewsey, about 80 miles west of London, were called to a farm where several bales of hay (60 tons worth) had caught fire. The farmer told the Guardian the firefighters were "over the moon" after sampling the sausage links. A spokesman for Dorset and Wiltshire Fire and Rescue Service said: "Our thanks to the farmer for her generosity".

Finance National Bank of Canada (NTIOF) EPS Estimated At $0.95
Author: 0 National Bank of Canada (NTIOF) EPS Estimated At $0.95

After posting $1.30 EPS for the previous quarter, National Bank of Canada's analysts now forecast -1.54 % negative EPS growth. Among 11 analysts covering Royal Bank Of Canada (NYSE:RY), 4 have Buy rating, 2 Sell and 5 Hold. BidaskClub raised shares of Royal Bank Of Canada from a "sell" rating to a "hold" rating in a research report on Tuesday, July 11th. Royal Bank Of Canada had 18 analyst reports since August 4, 2015 according to SRatingsIntel.

Finance Air India chief Ashwani Lohani appointed chairman of Railway Board
Author: 0 Air India chief Ashwani Lohani appointed chairman of Railway Board

Speaking further, the minister said that in less than three years of his tenure as the Railway Minister, "I have devoted my blood and sweat" for the betterment of the Indian Railways . In this accident, 23 people had died and several injured. The latest derailment injured more than 70 people, while one on Saturday killed at least 23 passengers and injured about 156.

Finance Lidl becomes the UK's seventh largest supermarket
Author: 0 Lidl becomes the UK's seventh largest supermarket

Fellow discounter Aldi, which ranks fifth, lifted its sales by 17.2 per cent to take its market share to 7 per cent. "Ten million households visited (Lidl's) expanding network of stores during the past 12 weeks, with alcohol and fresh produce performing particularly well", said Kantar Worldpanel's Fraser McKevitt.

Finance Toll Brothers Inc. - TOL - Stock Price Today
Author: 0 Toll Brothers Inc. - TOL - Stock Price Today

Dividend History for Toll Brothers Inc . Advisors Asset Management Inc. now owns 2,667 shares of the construction company's stock worth $105,000 after buying an additional 1,017 shares during the last quarter. ILLEGAL ACTIVITY WARNING: "ZWJ Investment Counsel Inc". Moreover, Capstone Inv Advisors has 0.1% invested in Toll Brothers Inc (NYSE:TOL). Jpmorgan Chase & reported 0.04% of its portfolio in Toll Brothers Inc (NYSE:TOL).