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Finance

The index for all items less food and energy increased 0.2% in October. It noted that while the average year-on-year food inflation for the first five months of the year stood at 18.67 per cent, the average year-on-year food inflation for the next five months of the year (June to October 2017) was higher at 20.22 per cent.
  • No impact on PEI as 22 Loblaws stores set to close

    No impact on PEI as 22 Loblaws stores set to close

    Finance

    The company will deliver food and other pantry staples from Loblaw's Real Canadian Superstore and T&T supermarkets to customers in Toronto starting December 6, and in Vancouver starting in January, Loblaw Chief Executive Officer Galen Weston said on a conference call with analysts.
  • Institutional Investors Are Betting On Chesapeake Utilities Corp (NYSE:CPK)

    Institutional Investors Are Betting On Chesapeake Utilities Corp (NYSE:CPK)

    Finance

    Sidoti started coverage on Chesapeake Utilities Corporation in a report on Wednesday, October 18th. It has a market cap of $3.55 Billion. 2017, Chesapeake Energy Corporation ( CHK ) delivered a 5.91% surprise with its net revenue. Shares of Chesapeake Energy Corp. 249,542 are held by Ing Groep Nv. Chesapeake Utilities Corporation (NYSE:CPK) traded down $0.30 during trading on Tuesday, hitting $80.15.
  • Placing Regal Entertainment Group (NYSE:RGC)'s Valuation Under Review

    Finance

    The insider now holds 637,385 shares of Regal Entertainment Group ( RGC ). Analysts believe that the company has the potential to earn average revenue of $893.9 Million for the current quarter. The ex-dividend date of this dividend is Friday, December 1st. Regal Entertainment Group's dividend payout ratio (DPR) is now 101.15%. Regal Entertainment Group announced that its board has initiated a stock buyback program on Thursday, August 31st that permits the company to buyback $50.00 ...
  • Evaluating the datas for: Hewlett Packard Enterprise Company (NYSE:HPE)

    Finance

    Among 30 analysts covering Hewlett Packard Enterprise (NYSE: HPE ), 8 have Buy rating, 3 Sell and 19 Hold. WFG Advisors LP boosted its holdings in Hewlett Packard Enterprise by 15.3% in the second quarter. The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.49 billion. During the same period past year, the firm posted $0.49 EPS.
  • Angel Delight whips up strong sales for Mr Kipling and Oxo maker

    Angel Delight whips up strong sales for Mr Kipling and Oxo maker

    Finance

    Premier Foods' grocery business reported half-year sales of £255.0m, up 1.9% on the same period a year ago. This helped to grow sales of Batchelors Super Noodle and Cadbury-branded cakes. "Our International business continues to go from strength to strength and saw revenue growth of +23% in the first half of the year". We completed the issue of a new £210m high yield bond in June and our Net debt was £21m lower than the same point previous year; a little ahead of our plans.
  • Vodafone Group Plc Raises Its Outlook for the Year

    Vodafone Group Plc Raises Its Outlook for the Year

    Finance

    Zacks Investment Research cut Vodafone Group PLC from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 18th. The target payout ratio for Vodafone Group Plc is now measuring at *tba, outlining what size the company's dividends should be.
  • HSBC's settlement ends proceedings against it - French prosecutor

    HSBC's settlement ends proceedings against it - French prosecutor

    Finance

    For its part, the parent company HSBC Holdings has received a non-place, according to the PNF and the group. HSBC bank is pictured in Geneva, Switzerland, November 8, 2017. Falciani, a French citizen, has said he is a whistleblower trying to help governments to track down citizens who used Swiss accounts to evade tax. "In addition the bank said it has 2publicly acknowledged historical control weakness at the Swiss Private Bank on a number of occasions and has taken firm steps to ...