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Finance

Under the terms, Buffalo Wild Wings will become a closely held subsidiary of Arby's and will continue to operate as an independent brand, the companies said. The firm has a market capitalization of $2.46 billion, a P/E ratio of 33.04 and a beta of 0.96. Fast-food chain Arby's Restaurant Group said Tuesday that it reached a deal to acquire Buffalo Wild Wings , which promotes the slogan "wings, beer, sports" in its advertisements, for $2.4 billion in cash.
  • UBS Lowers Coca-Cola European Partners (NYSE:CCE) to Neutral

    UBS Lowers Coca-Cola European Partners (NYSE:CCE) to Neutral

    Finance

    Capital International Investors who had been investing in Coca for a number of months, seems to be bullish on the $195.52 billion market cap company. Barclays PLC started coverage on shares of Coca-Cola European Partners plc in a research report on Monday, January 9th.
  • Case for raising rates in Dec 'coming together': US Fed nominee

    Finance

    Trump and many Republicans campaigned on rolling back regulations on banks, rules that they say are too onerous and are preventing small businesses from getting loans. The Fed should "respond decisively" to any new economic crisis, Powell said, positioning himself as an heir to the central bank policies of current Fed Chair Janet Yellen and her predecessor Ben Bernanke.
  • Judge rules in favor of Trump's choice to lead watchdog bureau

    Judge rules in favor of Trump's choice to lead watchdog bureau

    Finance

    The original director, Richard Cordray , resigned last week, but before he did, he appointed Leandra English to be the interim director. Over the weekend, English asked a federal judge to declare that she is acting director and to forbid President Trump from appointing anyone else to the position.
  • Govt transfers Coal India shares to Bharat 22 ETF

    Govt transfers Coal India shares to Bharat 22 ETF

    Finance

    On the NSE, the ETF opened at ₹36.11, touched a high of ₹37.40 and a low of ₹36.11 before closing with a gain of 3.70 per cent at ₹37.30. Bharat 22 ETF , which was part of the government's divestment programme, gained 3.8 per cent on its debut to close at ₹37.33 on Tuesday.
  • Finance Minister Arun Jaitley launches Paytm Payments Bank

    Finance Minister Arun Jaitley launches Paytm Payments Bank

    Finance

    The demography and access to financial services will create a ton of jobs in the country and Paytm is very proud to be a part of this financial services revolution. However, payments banks can offer debit cards, and pay interest on the money deposited in the account. Dismissing rumours that banks had given loan waivers to large companies, he said: "Time has come for the nation to be apprised of facts in this regard".
  • United States home price increases accelerate

    United States home price increases accelerate

    Finance

    A major gauge of home prices in the United States rose more than 6 percent in September, fueled by a strong economy and dwindling inventories, according to Standard and Poor's data. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. Average home prices for September remain comparable to their levels in the winter of 2007.
  • Plowing up the statistics on: Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

    Plowing up the statistics on: Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

    Finance

    Walgreens Boots Alliance comprises 3.1% of Founders Capital Management LLC's holdings, making the stock its 17th largest position. Cibc World Markets Corp raised its stake in Walgreens Boots Alliance by 76.7% during the 2nd quarter. Orrstown Financial Services Inc. raised its holdings in Walgreens Boots Alliance by 14.1% in the second quarter. (NasdaqGS: WBA ) is 0.186522. Leverage ratio is the total debt of a company divided by total assets of the current and past year divided by two.
  • Today's Analyst Moves: Altria Group, Inc. (MO), Delta Air Lines, Inc. (DAL)

    Today's Analyst Moves: Altria Group, Inc. (MO), Delta Air Lines, Inc. (DAL)

    Finance

    The investor is now holding $36.19 million shares due in part to a decrease of 6.61 million new shares in their portfolio. Delta Air Lines, Inc. has a 1-year low of $43.81 and a 1-year high of $55.75. Delta Air Lines, Inc. Finally, BB&T Investment Services Inc. bought a new position in Delta Air Lines during the 2nd quarter worth about $128,000. (DAL) opened at $49.59 on Tuesday.
  • Suu Kyi stripped of Oxford honour

    Finance

    Myanmar's powerful army chief told Pope Francis that there was "no religious discrimination" in Myanmar. Suu Kyi's late husband Michael Aris was a lecturer in Asian history at the university, and the couple lived and raised their two sons in the city.
  • (PFE) Shares Sold by Chesapeake Asset Management LLC

    Finance

    Hyatt Hotels Corporation (NYSE:H) has risen 27.49% since November 27, 2016 and is uptrending. It has outperformed by 6.84% the S&P500. South Dakota Investment Council decreased its stake in Pfizer Inc ( PFE ) by 8% based on its latest 2017Q2 regulatory filing with the SEC.