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Tech firm Telit's chief steps aside amid probe into American fraud

Tech firm Telit's chief steps aside amid probe into American fraud

U.S. court filings show that a co-defendant named Uzi Katz was indicted for wire fraud and an arrest warrant was issued. Shares in Telit dived nearly a third to trade around £1.27 at lunchtime on the news. Telit, whose products and services connect devices to apps and enterprise systems, was until recently one of the largest stocks on AIM and has a number of high profile shareholders, including Norway 's state pension fund Norges Bank Investment Management and Allianz Global Investors. Consulte Mais Informação

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Glencore secures leases for Wandoan coal project, environmentalists react

Glencore secures leases for Wandoan coal project, environmentalists react

Doubts about the future of the Wandoan mine had lingered since 2012, amid falling thermal coal prices and a poor market outlook. The Australian Conservation Foundation has expressed "significant alarm" at the approval. A spokeswoman, Carmel Flint, said: "A large number of farmers have already been displaced by Glencore over this vast area, and now we fear that remaining farmers on and near the lease will be forced out". Consulte Mais Informação

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Cruise ship at risk of pirate attack imposed 10-night curfew

Cruise ship at risk of pirate attack imposed 10-night curfew

Once the sun went down, all windows needed to have their curtains drawn and shutters closed while the bright lights of the ship were dimmed or turned off. Princess Cruises told the New York Daily News that any measures taken on the ship were simply done "out of an abundance of caution." "In addition to our normal ongoing security training, additional piracy specific training is conducted prior to any of our vessels entering areas of concern". Consulte Mais Informação

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Cowen and Company Reiterates "Buy" Rating for SkyWest, Inc. (NASDAQ:SKYW)

Aperio Group LLC owned approximately 0.11% of SkyWest worth $2,085,000 at the end of the most recent quarter. Flinton Capital Management LLC increased its stake in SkyWest by 3.3% in the first quarter. SkyWest's dividend payout ratio (DPR) is -11.31%. WARNING: This report was originally posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. Consulte Mais Informação

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Ralph Lauren Corporation (RL) Trading Up 13.3% on Earnings Beat

Ralph Lauren Corporation (RL) Trading Up 13.3% on Earnings Beat

Finally, Cowen and Company restated a "hold" rating and issued a $80.00 price target (up previously from $78.00) on shares of Ralph Lauren Corporation in a research note on Tuesday, July 18th. Large investors have recently made changes to their positions in the company. Gartner Inc (IT) slumped 3.9% or $4.90 to $121.10 after the research and advisory information technology provider said total revenues in the second-quarter ending in June surged 38% from a year ago to $843.7 million. Consulte Mais Informação

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Redrow plc (LON:RDW) PT Raised to GBX 630 at Barclays PLC

Redrow plc (LON:RDW) PT Raised to GBX 630 at Barclays PLC

The stock of Synthomer PLC (LON:SYNT) earned "Buy" rating by HSBC on Wednesday, January 27. The rating was maintained by Liberum Capital on Thursday, May 11 with "Sell". The rating was initiated by Raymond James on Tuesday, July 21 with "Market Perform". Stifel Nicolaus has "Buy" rating and $150 target. The rating was downgraded by BMO Capital Markets to "Underperform" on Wednesday, January 18. Consulte Mais Informação

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LLC Acquires 25433 Shares of AU Optronics Corp (NYSE:AUO)

Shares of AU Optronics Corp (AUO) traded up 0.26% during mid-day trading on Thursday, reaching $3.90. According to analysts Au Optronics Corp (NYSE:AUO)'s minimum EPS for the current quarter is at $0.31 and can go high up to $0.34. The firm had revenue of $84.41 billion for the quarter, compared to analysts' expectations of $87.09 billion. On Friday, September 9 the stock rating was downgraded by Bernstein to "Market Perform". Consulte Mais Informação

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STJ mantém Eike Batista em prisão domiciliar

STJ mantém Eike Batista em prisão domiciliar

Por 3 votos a 1, a sexta turma do STJ (Superior Tribunal de Justiça) negou pedido de liberdade do empresário Eike Batista e de seu braço-direito, Flávio Godinho, e os manteve em prisão domiciliar. Segundo a relatora, ministra Maria Thereza de Assis Moura, as prisões foram fundamentadas em dados concretos dos autos. O MPF (Ministério Público Federal) afirma que os prejuízos aos cofres públicos provocados por Eike Batista são "imensuráveis", tendo provocado prejuízo "profundo e ... Consulte Mais Informação

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Morgan Sindall Group PLC 5.1% Potential Upside Indicated by Liberum Capital

The stock's 50 day moving average price is GBX 1,299.62 and its 200-day moving average price is GBX 1,111.55. Over the last 30 and 90 trading days the company share price has increased 210 points and increased 275 points respectively. Previously on 8/08/2017, Numis released a statement about Morgan Sindall PLC (LON:MGNS) upped the target price from 1,350.00GBX to 1,565.00GBX. Finally, Jefferies Group LLC increased their price target on Morgan Sindall Group PLC from GBX 1,205 ($15.69) to GBX ... Consulte Mais Informação

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Telecom firm Altice weighing takeover offer for Charter, sources say

Telecom firm Altice weighing takeover offer for Charter, sources say

A wave of consolidation is expected in the telecom industry as cable companies seek additional ways to cut costs and grow with more USA consumers cutting their cords. Altice NV, Altice USA and Charter declined to comment. Even without a takeover premium, Charter is worth more than $180 billion including debt, while Altice NV and Altice USA have nearly as much debt as their market capitalizations, of 32 billions euros and $23 billion, respectively. Consulte Mais Informação

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