Business

Russell Simmons rape lawsuit dropped by alleged accuser

Russell Simmons rape lawsuit dropped by alleged accuser

Jarosik filed the suit in January, seeking United States dollars 5 million, reported Variety. Jarosik's and Simmons' lawyers both agreed with the court to dismiss the case with prejudice - meaning that the lawsuit can not be filed again - but no reason was given in the court filing.


Chipotle stock up 10% thanks to price hikes and new stores

Chipotle stock up 10% thanks to price hikes and new stores

R. Grace & Co. Piper Jaffray's price objective indicates a potential upside of 4.56% from the company's current price. Chipotle Mexican Grill , to put it bluntly, "has been invisible". Westpac holds 1,673 shares. Edmond DE Rothschild Holding S.A. increased its stake in Chipotle Mexican Grill by 40.0% in the first quarter. (NYSE: CMG ) for 6,686 shares.


Axis Bank reports first quarterly loss

Axis Bank reports first quarterly loss

The lender's results suggested that bank's net interest income (NII) increased to Rs 4,730 crore during Q4 from a crore less in the corresponding quarter of the previous year. The bank has retained provision coverage ratio at a healthy 65 per cent. "The bank expects to grow its loans in high teens to 20 per cent. Margins are expected to be steady next year, RoE is expected to be around 18 per cent".


Microsoft stock falls after earnings and revenue beat

Microsoft stock falls after earnings and revenue beat

Microsoft returned $6.3 billion to shareholders in the form of dividends and share repurchases in the third quarter of fiscal year 2018, an increase of 37%. Windows OEM revenue grew by 4% (4% CC), and accounting for that is an 11% (11% CC) increase in Pro revenue , and an 8% (8% CC) decline in non-Pro revenue .



NXP Semiconductors (NXPI) Short Interest Update

Overall, 9.05 Million shares exchanged hands versus its average trading volume of 4.88 Million shares. NXP Semiconductors N.V. ( NXPI ) stock is now trading -9.17% away from its average-price of 200 days while it maintained a distance of -11.93% from its 50 Days Moving Average and -9.11% compared with the 20 Day Moving Average.



Piper Jaffray Comments on Phillips 66's Q1 2018 Earnings (PSX)

Phillips 66 (NYSE: PSX)'s Williams Percent Range, or 14-day Williams %R, is sitting at 16.90 at the time of writing. About 425,719 shares traded or 36.13% up from the average. Pennsylvania Trust invested in 85,929 shares. PSX registered $270,675 net activity with 0 insider buys and 1 insider sale since December 15, 2017.