Finance

The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. Wellington Shields & Company sold 22,664 shares as Xerox ( XRX)'s stock declined 5.91%. Its down 1.00, from 1.01 in 2017Q1. It fall, as 403 investors sold Xerox Corp shares while 22 reduced holdings. Ameriprise Financial Inc. owned approximately 1.26% of Xerox Corporation worth $91,800,000 as of its most recent SEC filing.
  • Vehicle sales crash to lowest level since financial crisis

    Vehicle sales crash to lowest level since financial crisis

    Finance

    With the drop in September, new-car registrations have slumped for the sixth straight month, the U.K.'s Society of Motor Manufacturers and Traders said Thursday in a statement. Tax breaks have favoured diesel over petrol, even though they are a leading emitter of the air pollutant nitrogen dioxide (NO2), which is responsible for an estimated 70,000 premature European deaths each year .
  • Uber board to proceed with SoftBank deal

    Uber board to proceed with SoftBank deal

    Finance

    Uber's new chief executive, Dara Khosrowshahi , last week proposed cutting the number of board seats controlled by Kalanick to one from three, raising the seats effectively controlled by Khosrowshahi to five from one, and eliminating supervoting rights, which give early shareholders multiple votes per share.
  • Karti Chidambaram can't leave India yet, says Supreme Court

    Karti Chidambaram can't leave India yet, says Supreme Court

    Finance

    The submission, sent to the CBI through his lawyer Arun Natarajan, asked the agency not to insist on his appearance in the matter. The CBI had summoned Karti for interrogation on Wednesday. The ED, during the investigation, found out that the Foreign Investment Promotion Board (FIPB) approval given by P Chidambaram in the Aircel-Maxis deal was beyond his mandate.
  • Oracle debuts automated cloud security as Ellison warns of losing cyber war

    Oracle debuts automated cloud security as Ellison warns of losing cyber war

    Finance

    The new "highly automated" Oracle Management and Security cloud works alongside the fully autonomous database, working together to protect against data. In addition to Infosys, two of its clients - Cummins and Ricoh - have also been recognized by Oracle with the 2017 Oracle Proactive Support Champion Individual Award and 2017 Oracle Innovation Award - Application Development, respectively, based on solutions Infosys helped these two companies implement.
  • Boardwalk Pipeline Partners LP (NYSE:BWP) Trading Volume Significantly Lower

    Finance

    The value of the total investment in Boardwalk Pipeline Partners LP increased from $72,000 to $1,884,000 increasing 2,516.7% for the reporting period. The Company's business includes integrated natural gas and natural gas liquids, and other hydrocarbons pipeline and storage systems. Currently, the stock carries a price to earnings ratio of 13.49, a price to book ratio of 0.81, and a price to sales ratio of 2.74.
  • Traders Sell Shares of Coca-Cola Company (The) (KO) on Strength (KO)

    Traders Sell Shares of Coca-Cola Company (The) (KO) on Strength (KO)

    Finance

    As of the end of the quarter State Of Tennessee, Treasury Department had bought 1,790 shares growing its holdings by 70.5%. The Company's segments include Nonalcoholic Beverages and All Other. Investors may use Price to Book to display how the market portrays the value of a stock. A raise of 284% compared to the consensus daily volume of 2,020 bearish put options.
  • Goldman Sachs Downgrades Rating On The Kraft Heinz Company (KHC) To

    Goldman Sachs Downgrades Rating On The Kraft Heinz Company (KHC) To "Neutral"

    Finance

    The overall volume in the last trading session was 10,113,206 shares. Creative Planning raised its stake in shares of The Kraft Heinz by 1.9% during the second quarter. Institutions own 87.10% of The Kraft Heinz Company ( KHC)'s shares. The stock of Kraft Heinz Co (NASDAQ: KHC ) has "Hold" rating given on Wednesday, September 6 by BMO Capital Markets.
  • Paychex, Inc. (PAYX) Shares Gap Up on Strong Earnings

    Paychex, Inc. (PAYX) Shares Gap Up on Strong Earnings

    Finance

    Their average price target spell out an upbeat performance - a -5% and would give PAYX a market capitalization of almost $21.3B. Finally, Robert W. Baird restated a "hold" rating and issued a $64.00 price target on shares of Paychex in a research note on Wednesday.
  • White House Looks at Replacing Social Security Numbers

    White House Looks at Replacing Social Security Numbers

    Finance

    For years, social security numbers have been used by Americans to open bank accounts or establish their identity when applying for credit. Because the number is a vital identifier for American citizens, every time it is given out increases the chances that it could be exposed.