Business

Zimmer Biomet cuts forecasts, shares drop

Zimmer Biomet cuts forecasts, shares drop

LLC boosted its position in shares of Zimmer Biomet Holdings by 238.4% in the second quarter. Zimmer Biomet Holdings Inc opened for trading at $120.98 and hit $124 on the upside on Friday, eventually ending the session at $122.55, with a gain of 1.29% or 1.56 points.


Saudi secretary-general of Organization of Islamic Cooperation resigns

Saudi secretary-general of Organization of Islamic Cooperation resigns

A statement by the International Olympic Committee said Saudi Arabia had nominated Yusuf al-Othaimeen, a former minister of social affairs, as his replacement, Reuters reported. "A few days earlier, at a youth conference in Sharm El-Sheikh, the Egyptian President told the audience "[I'm] one of you, I swear, for ten years, my fridge only had water and no one heard my voice and I'm not from a rich family".



Cerner Corporation's (CERN): Stock in the Traders Limelight

Cerner Corporation makes up approx 0.10% of Fjarde Ap-fonden Fourth Swedish National Pension Fund's portfolio.Integrated Investment Consultants reduced its stake in CERN by selling 211 shares or 8.23% in the most recent quarter. The analysts estimated EPS for the higher end at 0.68 and lower end at 0.61 while the year ago reported earnings per share was 0.7. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.


Hazelwood Coal Power Station To Close

Hazelwood Coal Power Station To Close

The 1,600-megawatt Hazelwood plant has been producing electricity by burning coal since the 1960s. Engie said it was also looking to sell the brown coal-fired Loy Yang B power station in the Latrobe Valley and the gas-fired Kwinana plant in Western Australia which supplies steam and electrical power.


HBO owner Time Warner posts Q3 profit, revenue above Wall Street expectations

HBO owner Time Warner posts Q3 profit, revenue above Wall Street expectations

Now the company has earned "Buy" from 9 equity analysts. 17 analysts have suggested the company is a "Hold". LLC increased its position in shares of Time Warner by 93.7% in the first quarter. In last year's third quarter, the drug maker posted revenue of $3.47 billion. This represents a $1.61 annualized dividend and a dividend yield of 1.82%.



Obama in Ohio to kick off week of campaigning for Clinton

Obama is supposed to headline a similar pro-Clinton event Wednesday on the campus of the University of North Carolina at Chapel Hill. "It always does", Obama said on a conference call organized by Clinton's campaign. "So I feel so close to her and I'm so appreciative of all the help she's giving me, all the confidence and courage, because it's hard", the 69-year-old former secretary of state said.