Business

The National Planning Corp Acquires New Position in Exelixis, Inc. (EXEL)

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Exelixis by 78.3% in the third quarter. Surprise factors are important to watch as a company reports earnings. Stock has got OUTPERFORM rating from 2 analysts of Thomson Reuters, no analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating. Deutsche Bank AG started coverage on Exelixis in a research note on Thursday, November 3rd.

Business

Pensions regulator agrees £363m settlement with ex-BHS boss Green

The fallout sparked a parliamentary inquiry in which MPs backed a non-binding motion to strip Sir Philip of his knighthood. 'I hope that this solution puts their minds at rest and closes this sorry chapter for them'. Members of the current BHS schemes will have the option to either transfer to the new scheme, opt for a lump sum payment if eligible or remain in their current scheme (and receive benefits from the PPF).

Business

Bank of Montreal (BMO) Given Average Recommendation of "Hold" by Analysts

The Company has 52-week high of $62.89 and 52-week low of $41.43. While looking at the Stock's Performance, The Bank of Nova Scotia now shows a Weekly Performance of -2.42%, where Monthly Performance is 1.58%, Quarterly performance is 14.38%, 6 Months performance is 16.83% and yearly performance percentage is 59.25%.

Business

Warren Buffett's Bite Of Apple Even Bigger Than Was Thought

In a possible sign that succession planning is on Mr Buffett's mind, he noted that senior investment managers Todd Combs and Ted Weschler each managed more than $US10 billion of Berkshire's investments. Of Apple and its iPhone, he said: "There's a vast untapped market out there; 86-year-old guys who haven't got it yet". Valuation Matters for Buybacks If Berkshire should return more capital to shareholders either via a dividend or a more aggressive buyback program is always a hot topic of ...

Business

Japan's Takata pleads guilty to fraud as airbag scandal widens

Auto makers are in the process of recalling an unprecedented 42 million vehicles with almost 70 million Takata air bags in the US alone. USA prosecutors still are seeking extradition of three former Takata executives from Japan to face criminal charges.

Business

Wilbur Ross sworn in as U.S. secretary of commerce

The new Commerce Secretary has been required to divest a significant portion of his business interests in order to be confirmed, and will now be expected to put Mr Trump's "America first" pledge into practice. "I am pro trade", he added. NAFTA was negotiated and signed by President Bill Clinton, with broad support among Republicans in Congress. Data attained by Reuters through a Freedom of Information Act request shows that rescue effort came at a price: textile, finance and auto-parts ...