Business


Sells 34690 Shares of Akorn, Inc. (AKRX)

Akorn, Inc . has distance from 20-day Simple Moving Average (SMA20) of -2.25%, Distance from 50-Day Simple Moving Average of SMA50 percent and Distance from 200-Day Simple Moving Average of -40.58%. It dived, as 68 investors sold WMT shares while 541 reduced holdings. 151 funds opened positions while 637 raised stakes. Rockland Trust reported 1.93% in Walmart Inc.


Stock indexes rally as China's president eases trade fears

Stock indexes rally as China's president eases trade fears

Promising a "new phase of opening up", he said China will "considerably lower" tariffs on cars and other products this year, take measures to liberalise automobile investment, and protect intellectual property - all areas that have been high on the list of demands by Washington.


After IndiGo, Jet Airways opts out of Air India bid

After IndiGo, Jet Airways opts out of Air India bid

Earlier, the Economic Times newspaper quoted a senior aviation ministry official as saying that SAC has shown interest in bidding for Air India, although the report added that the Swiss company may only be scouting for clients. The last month, the ministry had come out with the preliminary information memorandum on Air India's strategic disinvestment. While Indigo was interested in buying only its global operations and Air Express, the government wants to sell the entire company as one ...


Kroger Announces a Hiring Spree of Around 11000 New Supermarkets Employees

Kroger Announces a Hiring Spree of Around 11000 New Supermarkets Employees

Kroger has planned to invest a significant portion of its savings from tax reform in its employees, and the company said that it would announce the details of this plan "this month". PII's profit will be $54.88 million for 35.27 P/E if the $0.87 EPS becomes a reality. After $0.63 actual earnings per share reported by The Kroger Co .


Sprint, T-Mobile jump on report deal talks have restarted

Sprint, T-Mobile jump on report deal talks have restarted

The stock increased 0.39% or $0.02 during the last trading session, reaching $5.16. Deutsche Telekom owns 63 percent of T-Mobile, which has emerged as one of its more prized assets. BlackRock Inc. now owns 43,490,226 shares of the cell phone carrier's stock valued at $256,158,000 after purchasing an additional 7,188,919 shares during the period.


Oakbrook Investments LLC Sells 12900 Shares of ExxonMobil (XOM)

Oakbrook Investments LLC Sells 12900 Shares of ExxonMobil (XOM)

Piper Jaffray maintained the shares of XOM in report on Thursday, August 17 with "Hold" rating. Columbia Pacific Advisors Llc who had been investing in Globalstar Inc for a number of months, seems to be bullish on the $775.57 million market cap company.