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Economy

Now the P/E of Omnicom Group Inc. stands at 18.03. Stack Financial Management Inc now owns 113,710 shares of the company's stock worth $9,665,000 after buying an additional 1,565 shares during the last quarter. The firm's revenue was up 2.5% on a year-over-year basis. Likewise, the negative performance for the quarter was recorded as -6.96% and for the year was 22.87%, while the YTD performance remained at -3.30%.
  • ConocoPhillips (COP) Position Increased by SOL Capital Management CO

    ConocoPhillips (COP) Position Increased by SOL Capital Management CO

    Economy

    Integrated Investment Consultants LLC boosted its stake in shares of ConocoPhillips by 2.0% in the third quarter. Carroll Financial Associates Inc. raised its position in shares of ConocoPhillips by 1.7% in the first quarter. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.
  • JAB Holdings gobbles up U.S. bakery chain Panera Bread in takeover deal

    Economy

    JAB Holdings also controls coffee brands Douwe Egberts and Peet's, as well as the luxury shoe maker Jimmy Choo and beauty firm Coty. Sullivan & Cromwell and Skadden Arps Slate Meagher & Flom are advising as Germany's billionaire Reimann family adds Panera Bread to its growing United States food and drinks empire.
  • Naveen flayed for not meeting Prime Minister Narendra Modi

    Economy

    The almost 8km road show starting from Bhubaneswar Airport to Janta Maidan, where PM Modi was to finally meet his cabinet colleagues, state chief ministers and top BJP leadership for the National Executive meeting, passed through Odisha's capital's landmark spots - Raj Bhavan to Jaidev Vihar Square, giving the ruling Naveen Patnaik-led Biju Janata Dal some jitters and anxious moments.
  • President Trump: US-Russia relations 'at an all-time low'

    President Trump: US-Russia relations 'at an all-time low'

    Economy

    Tillerson and Lavrov are expected to hold a news conference that begins soon. Before the April 4 chemical weapons attack, both Tillerson and U.S. Ambassador to the United Nations Nikki Haley said that removing Assad from power was not a priority for the U.S.
  • Korea cleared as a currency manipulator

    Economy

    It kept China, South Korea, Japan, Taiwan, Germany and Switzerland on its foreign-exchange monitoring list. The report said that China remained on the list because of its "disproportionate share of the overall USA trade deficit", despite that China's current account surplus was only 1.8 percent of GDP in 2016, sharply down from 2.8 percent of GDP in 2015.
  • US EPA denies reports that it will close Chicago office

    Economy

    The U.S. Environmental Protection Agency says it has no current plan to close its Region 5 branch office in Chicago , and calls a Chicago Sun-Times newspaper story reporting the possibility an "unsubstantiated rumor". Region 5 in Chicago oversees Great Lakes states. The EPA also said it is putting a hold on requiring compliance with the rule, and will also ask the U.S.
  • Medical Properties Trust Inc. (MPW) has a Market value of 4.46 Billion

    Medical Properties Trust Inc. (MPW) has a Market value of 4.46 Billion

    Economy

    Daiwa Securities Group Inc. raised its stake in Medical Properties Trust by 5.9% in the third quarter. During the twelve month it added 13.06% and year to date performance of 17.16%. MPW has received different ratings from analysts, according to FactSet. (MPW) could bring EPS of $0.2/share. (NYSE:MPW) stock opened its trade at $13.96 and after floating in a range of $13.95 to $14.13, settled at $14.13.
  • Revenue Approximations Analysis: Allison Transmission Holdings, Inc. (ALSN), Visa Inc. (V)

    Economy

    Citigroup Inc. raised Allison Transmission Holdings from a "neutral" rating to a "buy" rating in a research report on Tuesday, January 24th. 02/08/2017 - Allison Transmission Holdings, Inc. A lower P/B ratio could mean that the stock is undervalued. Following the transaction, the vice president now directly owns 9,184 shares of the company's stock, valued at approximately $301,694.40.
  • Venezuela's Maduro seeks to expand armed civilian militias

    Economy

    The center-right opposition is protesting against moves by authorities to tighten Maduro's grip on power. "From the first reveille, from the first rooster crow, the Bolivarian National Armed Forces will be in the streets. They called on President Maduro "to prevent any violence against protesters" and also called on opposition groups "to exercise their right to demonstrate responsibly so that the day remains peaceful with people expressing themselves calmly".
  • Tesco PLC (LON:TSCO) Receives Buy Rating From HSBC Securities Analysts

    Economy

    A total of 19 brokerages have released a report on Tesco PLC. The rating was maintained by Morgan Stanley on Friday, February 3 with "Overweight". As per Monday, September 21, the company rating was maintained by Jefferies. It has outperformed by 0.63% the S&P500. GKN plc is a global engineering company. The Company processes and markets branded dairy products. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy ...
  • Republicans brace for results of Georgia special congressional election

    Economy

    All eyes are on Georgia's 6th District Tuesday as Democrats look for an upset in a historically Republican seat - in an effort to make an anti-Trump statement, and one of the first pushes to reclaim the House majority in 2018. The documentary filmmaker has pulled in $8.3 million in the space of a couple months-more than all but three House candidates raised in the entire two-year 2016 election cycle.