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A Look Inside the Quant Data For Ashtead Group plc (LSE:AHT)

AHT

The Price to Cash Flow for Ashtead Group plc (LSE:AHT) is 16.724734. The price to cash flow formula is a useful tool investors can use in order to determine the value of a company. The Gross Margin Score of Ashtead Group plc (LSE:AHT) is 7. The more stable the company, the lower the score. The Volatility 12m of Ashtead Group plc (LSE:AHT) is 25.0514. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. The FCF Growth of Ashtead Group plc (LSE:AHT) is 4.451558. Free cash flow (FCF) is the cash produced by the company minus capital expenditure.

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akronregister.com
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Johnson Matthey looks to the future as it marks 200 years - Japan Today

JMAT

The portion of the business in Japan is concerned with controlling emissions, and for Johnson Matthey that means their catalytic converter technology, which has found its way into cars the world over. One such firm is Johnson Matthey Plc, which got its start as a gold assayer in 1817 and today specialises in sustainable technologies. “I think the catalyst business will be alive and well for some time, because trucks are going to use the internal combustion engine for a long time to come; To adapt to that change, the firm is having to call on its knowledge of chemistry and apply this to the materials that go into vehicle batteries.

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japantoday.com
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Dragon Front VR card game gets Facebook Gameroom 2D support

FB

Collectible card game Dragon Front from High Voltage Software was one of the first games to offer VR cross-play support from Gear VR headsets to the Oculus Rift, so that players wearing the mobile VR headset could play against people wearing Rift. Now the company’s deal as an Oculus Studios exclusive has moved it into an interesting position — leading cross-play support to traditional 2D monitors through Facebook’s Gameroom. The title being a turn-based card game also means it’s the perfect fit for cross-play support, as it should mean players on each platform shouldn’t have an advantage over the others. The cross-play support is surely a nice addition to the title as it continues to widen the player base for the game, which can drive competition in its community.

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venturebeat.com
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Trial begins for trio of former Tesco executives accused of fraud

TSCO

Three former Tesco executives accused of fraud and false accounting are due to finally stand trial at Southwark Crown Court tomorrow, in one of the most high-profile cases ever brought by the Serious Fraud Office (SFO). Carl Rogberg, Christopher Bush and John Scouler have each been charged with one count of false accounting and one count of fraud by abuse of position. Read more: Four Tesco senior executives "step aside" and FCA called in as share price plummets 11pc after "profit overstatement" Eight senior members of staff were then suspended after an investigation revealed accounting irregularities, and the SFO later charged former UK finance director Rogberg, ex-UK operations managing director Bush and former UK food commercial director Scouler in 2016. The trial has already been adjourned once, earlier this month, for legal reasons. The fraud agency has a number of other notable cases on the horizon, including the prosecution of Barclays and four former executives on charges relating to emergency funding supplied at the height of the financial crisis.

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cityam.com
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Lloyds bosses face court over HBOS disaster

LLOY

Bosses including former chief executive Eric Daniels and chairman Sir Victor Blank will be forced to detail how they came to buy HBOS for £12billion as the financial crisis raged in 2008. The weight of bad debts at HBOS almost sank Lloyds – forcing British taxpayers to step in with a £20.5billion bailout. Ex-chief exec Eric Daniels,66, left, and ex-Chairman Victor Blank, 74, right, will be forced to detail how they came to buy HBOS for £12billion as the financial crisis raged in 2008. Other witnesses will include ex finance- chief Helen Weir, 55, left, and ex director Truett Tate, 67, right. This led to the formation of Lloyds Bank Shareholder Action, a group of 5,700 retail investors and 300 institutions, which brings the civil case next month. A Lloyds Banking Group spokesman said: ‘The group’s position remains that we do not believe there to be any merit to these claims and we will robustly contest this legal action.

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thisismoney.co.uk
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Did Apple Just Corner the Smartphone Market in Augmented Reality?

AAPL

With its upcoming release of the iPhone 8 and premium iPhone X, and the previous release of its ARKit for developers, Apple is setting the stage for the future of AR apps. The iPhone screen, 3D sensors, and dual cameras together form the foundation for a wide array of AR capability to come. Rosenblatt Securities analyst Jun Zhang issued a report suggesting that exclusive deals with suppliers and patents for Apple's recently revealed technology may prevent competitors from copying its AR capabilities. Morgan Stanley analyst Katy Huberty released a 49-page research note to clients, indicating that the combination of 3D sensing capability of the iPhones and the ARKit released to developers in June, will spark a widespread adoption of AR on Apple's iOS operating system.

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ASX poised to open higher

EURGBP USDBTC +11 more EURGBP USDBTC EURCHF BTCUSD NZDUSD EURUSD FB EURBTC USDCHF EURCAD BTCEUR GBPUSD EURAUD

After a speech in Zurich on the weekend, San Francisco Fed boss John Williams said he saw 2.5 per cent as the "new normal" for the key US rate. The Dow Jones dipped ever so slightly, while both the Standard & Poor's 500 and the Nasdaq Composite edged 0.1 per cent higher. Steelmaker shares fell 2.3 per cent on Friday, leaving their weekly performance at minus 2.1 per cent. The benchmark spot price for iron ore tumbled 12 per cent last week, the worst performance since May 2016. In China, futures on the Dalian Commodity Exchange have slumped into a bear market and capped a fourth week of declines, the longest in five months, while Singapore's SGX AsiaClear contracts chalked up a weekly loss of almost 10 per cent.

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afr.com
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First National Bank Of Mount Dora Trust Investment Services Has Upped Coca Cola Co (KO) Stake; F&V Capital Management Has Boosted Cisco Sys (CSCO) Stake

KO CCH

Bontempo Ohly Capital Management Ltd Liability Corporation holds 2.82% in The Coca-Cola Co (NYSE:KO) or 77,929 shares. Moreover, Piedmont Investment Advisors Ltd Liability Corporation has 0.82% invested in The Coca-Cola Co (NYSE:KO) for 824,688 shares. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, August 18 by Drexel Hamilton. Walleye Trading Lc holds 0.01% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 72,396 shares.

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whatsonthorold.com
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Social Chatter

Severn Trent PLC (LON100:SVT) social chatter is higher than usual

SVT
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Former Lloyds bosses and top City regulator set to face days of questions in HBOS purchase court case

LLOY

Former Lloyds bosses and the former top City regulator face days of questioning in court next month as a much-anticipated High Court case on the bank’s purchase of HBOS during the financial crisis gets underway. He will be joined by ex-Lloyds board member Archie Kane, who described HBOS as having “no value left” in the weeks before the purchase in a note jotted at a meeting of the executive committee of Lloyds, along with other former executives at the bank. A spokesperson for the bank said: “The Group’s position remains that we do not believe there to be any merit to these claims and we will robustly contest this legal action”. The complainants say directors did not disclose to the Lloyds TSB shareholders that Lloyds had secretly made a £10bn loan facility available to HBOS and that HBOS had been receiving covert funding from central banks.

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cityam.com
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Facebook Russia ads expose big tech vulnerabilities

FB

Legislation is reportedly being drafted to regulate political advertising on social networks, essentially bringing the kinds of controls and accountability to ads on Facebook and Twitter that have long existed for political ads on TV and radio. And, as we learn more about how Russia seeded Facebook with thousands of political ads during the 2016 election, the solutions being proposed to regain control of the situation expose how far we are from actually being able to solve the problem. Facebook CEO Mark ZuckerbergREUTERS/Brian SnyderThe reality is even the creators of social media technology don't have a clue about how to solve this. But what's really scary about the Facebook election saga is that it reveals how vulnerable we are to the onslaught of new technology that's reshaping so many different realms of our lives right now.

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The real lesson of Facebook's Russian ads is scarier than we realize — and we're still blind to it

FB

Legislation is reportedly being drafted to regulate political advertising on social networks, essentially bringing the kinds of controls and accountability to ads on Facebook and Twitter that have long existed for political ads on TV and radio. But focusing on the political ads on social media is the equivalent of making people take their shoes off at the airport. But what's really scary about the Facebook election saga is that it reveals how vulnerable we are to the onslaught of new technology that's reshaping so many different realms of our lives right now. The reality is even the creators of social media technology don't have a clue about how to solve this.

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finance.yahoo.com
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Reliance Jio: Vodafone moves Supreme Court, seeks access to cost model used to calculate IUC

VOD VOD

“A petition has been filed in the Supreme Court against the division bench order of the high court,” one person said. NEW DELHI: Vodafone India has approached the Supreme Court seeking access to the cost model used by the telecom regulator to calculate how much one operator must pay another to connect calls between their networks. Vodafone’s appeal stated that Trai must ensure transparency in the process and that the division bench had ‘erred in holding that the telco does not have a vested legal right to the information sought,’ one of the people said. IUC, currently 14 paise per minute, will be reduced to 6 paise a minute starting October 1 and scrapped from January 2020, Trai said on September 19. Bharti Airtel, Vodafone India and Idea Cellular, which stand to lose about Rs 5,000 crore a year, criticised the regulator’s decision.

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Air Berlin eyes Lufthansa, easyJet sale as lessors move in - ch-aviation.com

LHA EZJ

The creditors committee charged with overseeing Air Berlin's bankruptcy proceedings have named Lufthansa Group and easyJet (U2, London Luton) as possible buyers for the carrier’s operations. Athan tomorrow, Monday, September 25, and Tuesday, September 26. Once returned, Air Berlin's widebody fleet will consist of just five A330-200 aircraft. Search Airlines by Aircraft Type and/or Fleet Size. Extended Search Options for over 7,490 Airlines.

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ch-aviation.com
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Ashford Hospitality Trust (AHT) Receives Media Sentiment Score of 0.36 – The Ledger Gazette

AHT

Zacks Investment Research raised shares of Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 7th. Finally, BidaskClub downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. On average, equities analysts expect that Ashford Hospitality Trust will post ($1.10) EPS for the current year. Ashford Hospitality Trust, Inc is an externally-advised real estate investment trust (REIT).

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ledgergazette.com
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