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Finance

They noted that the move was a valuation call. Zacks Investment Research lowered shares of Royal Bank of Canada from a buy rating to a hold rating in a report on Wednesday, October 25th. The firm also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Royal Bank of Canada's dividend payout ratio is now 47.73%.
  • Girl injured by emotional-support dog during boarding for Southwest flight

    Girl injured by emotional-support dog during boarding for Southwest flight

    Finance

    Despite the dog's owner asking her to stay back, the girl approached the emotional support animal. Passenger Todd Rice tweeted , "Why are dogs on the plane?!" Southwest said it could not confirm the child's age. Last June, a 32-kilogram dog flying on Delta as a support animal bit a passenger in the face severely enough that the man required hospital care. "The rise in serious incidents involving animals in flight leads us to believe that the lack of regulation in both health and ...
  • Wall Street advances on gains in tech stocks

    Wall Street advances on gains in tech stocks

    Finance

    Equity markets came under pressure on Wednesday after minutes of the central bank's last meeting showed policymakers grew more confident in the need to keep raising rates. Eastern from the Federal Reserve, which comes ahead of Jerome Powell's inaugural testimony before congress as Fed boss next week. The 10-year U.S. Treasury bond yields, the benchmark for global borrowing costs, were slightly below the four-year peak at 2.8987 percent.
  • Who sucks? European Union mocks Gove 'green Brexit' talk on plastic straws

    Who sucks? European Union mocks Gove 'green Brexit' talk on plastic straws

    Finance

    Last September , pub chain Wetherspoon announced that it would stop using plastic straws in its 900 sites across the United Kingdom and Ireland. But the banning of straws has been criticised by one disability organisation. Some communities are banning the plastic straw outright. The petition states: "Over 550 million plastic straws are used every day in the USA and UK".
  • Ofcom drafts full-fibre broadband rules

    Ofcom drafts full-fibre broadband rules

    Finance

    Ofcom, however, also disclosed that it had decided not to regulate the prices of Openreach's fastest wholesale superfast broadband products, including its new full-fibre services. BT said the price cap would reduce Openreach's revenue and profit in its 2018/19 financial year by 80-120 million pounds, and have further impacts in the following two years in the range of low to mid tens of millions of pounds.
  • ANTH) Up 30% on Analyst Price Target — Anthera Pharma (NASDAQ

    Finance

    ValuEngine raised shares of Anthera Pharmaceuticals from a "strong sell" rating to a "sell" rating in a research note on Sunday, December 31st. BVF Inc. It now has negative earnings. Analysts await Anthera Pharmaceuticals, Inc . They expect $-0.72 earnings per share, up 75.00% or $2.16 from last year's $-2.88 per share.
  • Recent Analysts Ratings Realty Income Corporation (O)

    Finance

    The Ecofin Ltd holds 65,527 shares with $5.44 million value, down from 2.52 million last quarter. Vetr downgraded shares of Realty Income from a "buy" rating to a "hold" rating and set a $58.60 price target on the stock.in a research note on Monday, November 13th.
  • Sensex nears 34000; Nifty regains 10400-mark as markets open positive

    Sensex nears 34000; Nifty regains 10400-mark as markets open positive

    Finance

    The Nifty50 closed lower by 14.75 points or 0.14 percent at 10,382.70 points, while the Sensex fell by 25.36 points or 0.07 percent to close at 33,819.50 points. While Sun Pharma, Adani Ports, Kotak Bank, IndusInd Bank, M&M, Yes Bank, Infosys, L&T and Coal India ended higher and capped the losses. Financials also gained, with HDFC Bank (1.12%) and ICICI Bank (1.46%) among the biggest contributors to the rise.
  • Rite Aid (RAD) Sees Large Volume Increase

    Rite Aid (RAD) Sees Large Volume Increase

    Finance

    Sequoia Financial Advisors LLC bought a new stake in Rite Aid in the fourth quarter worth approximately $101,000. Westchester Capital Management Llc sold 5.15 million shares as the company's stock declined 41.75% while stock markets rallied.
  • Tesla Inc (TSLA) VP Sells 1000 Shares of Stock

    Tesla Inc (TSLA) VP Sells 1000 Shares of Stock

    Finance

    It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. (NASDAQ:TSLA). Schaller Invest Group Incorporated owns 0.89% invested in Tesla, Inc . This nets out to a decrease of 1.84 million shares and is another bearish sign for TSLA.
  • Blue Buffalo Holding On To Substantial Gain In Afternoon Trading

    Blue Buffalo Holding On To Substantial Gain In Afternoon Trading

    Finance

    Shares of Blue Buffalo surged more than 16 percent to $39.82 Friday morning. The shares were sold at an average price of $32.72, for a total transaction of $2,051,805.76. The company has market cap of $7.79 billion. Natural pet food is the fastest-growing part of the pet-food market, according to the Wall Street Journal .