Economy / 145

Workers at DFW Airport used flights to distribute meth

May 17, 2018

Ten airline employees at a Texas airport have been indicted for their role in allegedly trafficking almost 150 pounds of what the defendants believed was methamphetamine. "We take this matter very seriously and are cooperating with law enforcement during their investigation", the company said. "There will always be people who attempt to access the airport for illegal activities, but we will remain vigilant by investing in security and collaboratively sharing information and resources with ...

Checking on Chart Signals for Green Dot Corp (GDOT)

May 17, 2018

M&T Bank Corp's holdings in Boston Scientific were worth $2,887,000 as of its most recent SEC filing. Investors may also be looking to gauge the strength of this signal. They analyze the different factor and after that analysis they issue rating regarding stock whether it is time to buy the stock or sell the stock or even hold the stock based on analyzing factors.

Ford to resume F-150 production Friday at Dearborn Truck Plant

May 17, 2018

Ford is resuming production of its F-Series pickup trucks, ending assembly line shut downs at two of its most important plants that have lasted more than a week. Reflecting the urgency to restart production, one 87,000-pound die was loaded into an Antonov An-124 cargo plane and shipped to another Meridian site in Nottingham, UK, in just 30 hours door-to-door.

Texan Capital Management Trims Stake in Amazon.com

May 17, 2018

The stock decreased 0.09% or $1.37 during the last trading session, reaching $1601.54. The shares were sold at an average price of $1,577.85, for a total value of $788,925.00. (NASDAQ:AMZN) news were published by: 247Wallst.com which released: "Amazon Offers More Price Cuts at Whole Foods" on May 16, 2018, also Seekingalpha.com with their article: "Pentagon explains single victor for cloud contract" published on May 14, 2018, Seekingalpha.com published: "Amazon And Its Red Hot Valuation" on ...

Redfin CEO breaks with tech community on Seattle head tax — GeekWire

May 17, 2018

Sponsors of the tax said Seattle's biggest-earning businesses should bear some burden for easing a shortage in low-priced housing that they helped create by driving up real estate prices to the point where the working poor and many middle-class families can no longer afford to live in the city.

Cineworld Group (LON:CINE)'s stock Rating "Buy" Reiterated by Analysts at Deutsche

May 17, 2018

The stock of Intermediate Capital Group plc (LON:ICP) has "Buy" rating given on Friday, March 24 by Societe Generale. The company rating was reinitiated by Numis Securities on Monday, March 5. It turned negative, as 59 investors sold BX shares while 154 reduced holdings. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments.

Sell-Side Sees Upside & Positive Growth in Carnival Corporation (NYSE:CCL)

May 17, 2018

Franklin Resources Inc. increased its stake in General Motors by 13.7% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 5,923,200 shares of the auto manufacturer's stock worth $242,792,000 after buying an additional 3,594,700 shares during the last quarter.

How Meghan Markle will reinvent the royal family. And the UK

May 17, 2018

Markle, who grew up in the Los Angeles suburb of Woodland Hills, had been due to be walked up the aisle by her 73-year-old father an Emmy-winning Hollywood lighting director of Dutch-Irish descent who is enjoying retired life in Mexico. She's not qualified to suggest that I don't under any law in this country. Earlier, reports emerged that Queen Elizabeth II was "very angry" with Mr Markle for selling staged paparazzi photos of himself days before the royal wedding , according to a ...

Nuclear Deal: US can also withdraw from other agreements

May 17, 2018

Before that, technical officials meet in Jeddah, Saudi Arabia , on May 22-23 when the issue of whether extra barrels are needed to offset any Iranian loss will likely come up, the second source said. But he added that supporting such groups would remain a priority for Iran. UN Secretary General Antonio Guterres has urged Donald Trump not to walk away from an worldwide deal created to prevent Iran acquiring nuclear weapons.

ITC fourth-quarter net profit up 9.8 percent to Rs 2933 crore

May 17, 2018

On a comparable basis, gross sales value (net of rebates/discounts) stood at Rs. 67081.92 crore, representing a growth of 4.5% driven mainly by the branded packaged foods, personal care and the education and stationery products businesses offset by decline in agri business revenue.

Oil continues to climb, WTI over $71 on Iran concerns

May 16, 2018

Iran's Foreign Minister Javad Zarif has begun a diplomatic tour to seek assurances that signatories to a landmark nuclear deal will back it despite its abandonment by the US. Germany is ready to help 120 of its firms to keep doing business with Iran, German Economy Minister Peter Altmaier said on Friday. This week, Israel and Iran engaged in an extensive military exchange on the heels of Trump's decision to leave the deal.

Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal

May 16, 2018

Until now, Rupert and Lachlan Murdoch have shared the titled of executive chairman at Fox. "We have worked through the winter "standing up" a reimagined independent Fox", Lachlan Murdoch said in a statement. The maker of Family Guy and The Simpsons confirmed the operations of the "New Fox" due to be formed by the sale of its film and television studios, and a clutch of worldwide assets including Sky , will be led by 46-year-old Lachlan.

Outrage as New Look imposes 'fat tax' on plus-size clothing

May 16, 2018

The clothing chain came in for criticism because some identical styles cost more in the plus-sized range. Another tweeter also highlighted a great point, showing that amount of fabric simply can not be the reason certain items cost more, as New Look is also charging the same price for denim shorts as it is for full-length jeans.

MPs savage rotten state of Carillion

May 16, 2018

It concluded: "It can grasp the initiative with an ambitious and wide-ranging set of reforms that reset our systems of corporate accountability in the long-term public interest". Its auditors and consultants also came under fire: Deloitte, KPMG, PWC and EY are described as a " cosy club incapable of providing the degree of independent challenge needed".

Macy's higher into earnings

May 16, 2018

Excluding one-time items, it earned 48 cents per share. Same-store sales on an owned plus licensed basis were up 4.2 percent, almost 3 percentage points higher than the Street's forecast. Neil Saunders, managing director of GlobalData Retail, pointed out in comments emailed to Retail Dive that Macy's in Q1 moved up its popular Friends and Family promotion (which previously came in the second quarter), and was also posting comps that compared favorably to an abysmal sales period in Q1 2017.

BT overhauls consumer business with bid to combine mobile and broadband

May 16, 2018

A new "emotional" advertising campaign will aim to restore the BT brand after years in which marketing focused entirely on price promotions while the company faced mounting criticism over broadband speeds and reliability. "We're investing across BT, EE and Plusnet so that we can provide our customers with the widest choice of products and services, on the best networks, and with the best service in the United Kingdom".

GST effectively scrapped with 0% rate from June

May 16, 2018

The Ministry of Finance Malaysia has just announced that the Goods and Services Tax (GST) will be set at zero per cent beginning 1st June 2018. This excludes goods and services that are now GST exempted. All this comes in the wake of Pakatan Harapan's win in the recently concluded GE14, where in their pre-election manifesto they pledged to completely do away with GST within a 100 days should they win, and return the Sales and Services Tax which the GST replaced in 2015.

Are Traders Shorting Realty Income Corporation (NYSE:O) Shares?

May 16, 2018

The target implies a 22.6% spike from where the shares are now trading. Realty Income's dividend payout ratio is 85.95%. FINRA published in May ADC's total 3.95 million shares shorted. Digital Realty has a fifty-two week low of $106.35 and a fifty-two week high of $107.29. For the next one year period, the average of individual price target estimates referred by covering sell-side analysts is $29.32.

Facebook announces 'Youth Portal' for teenager safety

May 16, 2018

Last but not the least, they can even look to the portal for advice on what to do if they feel like they need a break from social media and general guidelines on how to make the most of their time on the internet. We're holding more roundtables over the next several months to keep learning from young people about how they use Facebook . Expanding the safety advisory board: Facebook recently welcomed Project Rockit - an organisation dedicated to tackling bullying in school ...

Analysts Recommendation on Colony Northstar Inc (CLNS)

May 16, 2018

The Dow Jones Industrial Average rose 196.99 points, or 0.80%, to close at 24,739.53. Could it be the bulls are back in control of the equity market? Corporate insiders own 7.75% of the company's stock. ( CLNS ), the current price is $6.05, with the latest volume of 6,957,218. The ATR is fairly simple to calculate and only needs historical price data.

A COMPREHENSIVE GUIDE TO THE Mexico Carbonated Bottled Water MARKET: 2018

May 16, 2018

However, the secondary research was conducted on the basis of deep literature review of industry, company reports, journal abstracts, magazine, market information and trends. Besides, different key players influencing the global market including Camelbak Products, LLC, BRITA GmbH, Klean Kanteen, Inc., Tupperware Brands Corporation, SIGG Switzerland AG, Contigo (Newell Brands), AQUASANA, INC., Bulletin Bottle, Thermos L.L.C., Nalge Nunc International Corp, S'Well Corporation, O2COOL, LLC, ...

Hewlett Packard Enterprise Company (HPE) EPS Estimated At $0.31 on May, 22

May 16, 2018

After keeping Technical check on movement of stock price comparison to its moving averages like 20, 50 and 200 SMA, we detected following trends of HPE . Hewlett Packard Enterprise's payout ratio is now 31.25%. Hewlett Packard Enterprise announced that its Board of Directors has approved a stock buyback program on Thursday, February 22nd that permits the company to repurchase $5.50 billion in shares.

Q1 Wage Growth Slumps Below Forecasts

May 16, 2018

Louis Fed President Bullard warning of possible yield curve inversion in late 2018 or early 2019 if the Fed continues to tighten further. Wage growth in Australia remains fairly atrocious, even with record employment growth in 2017. Reading between the lines of Debelle's speech, the RBA won't raise interest rates until wages and household income grow faster than they have in recent times.

DIRECTV NOW Begins Rolling Out New Interface & Cloud DVR

May 16, 2018

In addition, you can view a live stream while browsing the program guide. The new software is only available on Apple TV, iOS and the web right now, but Android, Fire TV and Roku users should see it in the weeks ahead. Plus you can fast forward and rewind programs. We're working on rolling out more capacity options and features later this summer-which will let you keep more on your Cloud DVR for longer.

Amazon introduces Kaleido to simplify the use of blockchain for customers

May 16, 2018

Big companies like Microsoft are seeing opportunities in blockchain technology lately. News of the partnership comes a little more than five months after the cloud firm's CEO Andy Jassy revealed that AWS wouldn't focus its services on blockchain in the immediate future, according to a report by tech news portal ZDNet.

US Steel (X) PT Lowered to $42.00

May 16, 2018

Its share price has decline -7.80% in three months and is up 6.16% for the last five trades. Louisiana State Employees Retirement System now owns 135,400 shares of the basic materials company's stock worth $766,000 after buying an additional 7,800 shares in the last quarter.

Time Warner (TWX) Shares Obtained by Westpac Banking Corp

May 16, 2018

Water Island Capital Llc who had been investing in Time Warner Inc for a number of months, seems to be less bullish one the $73.84B market cap company. K.J. Harrison & Partners Inc bought a new position in Time Warner in the fourth quarter worth approximately $229,000. Commerzbank Aktiengesellschaft FI's holdings in Time Warner were worth $3,381,000 at the end of the most recent quarter.

Novartis Lawyer Retires in Relation to Cohen Payments

May 16, 2018

Cohen's company Essential Consultants had a one-year $1.2 million contract with Novartis during the beginning of the Trump administration . "Although the contract was legally in order, it was an error". Novartis previously admitted to hiring Essential in February 2017 for advice "as to how the Trump administration might approach certain US healthcare policy matters".

Paddy Power to buy New York-based fantasy sports site

May 16, 2018

Eight research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. They now have a GBX 7,500 ($101.74) target price on the stock. Revenue from the company's USA operations increased 23% year-on-year according to Paddy Power Betfair's latest Q1 report. Paddy Power Betfair also explained that the negotiations are centred around combining its existing operations with the local DFS operator, which already has a good ...

Chinese online giant Tencent posts 61% rise in net profit

May 16, 2018

That was buoyed by a one-time gain of nearly 7.6 billion yuan as the value of investments in arenas from video streaming to news content rose. Tencent's operating margin fell in Q4 and earlier this year, the company said it was focusing on investments over short-term margins.

What Do Analysts Say About Liberty Global plc (LBTYK)

May 16, 2018

A company that manages their assets well will have a high return, while if manages their assets poorly will have a low performance. Trump's tweet on Sunday came ahead of second round of trade talks between the USA and China this week. The Price to Sales (P/S) ratio of the stock is 1.05, while P/B (Price to Book) stands at 3.44. The data is represented graphically by fluctuating between a value of 0 and 100.

Tandem Diabetes Care (NASDAQ:TNDM) Gets an Upgrade to a "Neutral" Rating

May 16, 2018

Shares fell 1.6 percent in early trading. A total of 2.54 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 1.88 Million shares, while its relative volume stands at 1.35. now owns 659,993 shares of the medical device company's stock worth $482,000 after purchasing an additional 78,748 shares during the last quarter. EPS stands for earning per share.

Volvo to move away from diesel with new S60

May 16, 2018

At the 2018 Beijing Auto Show, Volvo Cars president and chief executive Håkan Samuelsson said that the company aims for pure electric vehicles to make up 50 per cent of sales by 2025. The S60's estate sibling, the V60, was launched earlier this year in Stockholm. Meanwhile, Fiat Chrysler Automobiles NV will cease to offer diesel versions for its Alfa Romeo, Fiat, Jeep and Maserati brands by 2022, as Chief Executive Officer Sergio Marchionne sees hybrid vehicles as the way to meet goals ...

Trader's Roundup: Sears Hldgs Corp (SHLD)

May 16, 2018

Sears Hldgs Corp (NASDAQ: SHLD ) shares traded 6.73% up during most recent session to reach at the closing price of $3.65. Last month, billionaire investor Eddie Lampert said in a letter to the company's board that it should sell these assets , adding that his hedge fund ESL Investments Inc would bid in any sale.

LATAM Airlines Group (LTM) Expected to Announce Earnings of -$0.06 Per Share

May 16, 2018

American Airlines Group Inc is a holding company. (NASDAQ: AAL ) ended its day at 42.46 with the rising stream of -0.33% and its total traded volume was 4.2 million shares less than the average volume. Since AAL's P/E of 11.6x is higher than its industry peers (10.6x), it means that investors are paying more than they should for each dollar of AAL's earnings.

Petrol, diesel prices rise on Tuesday after 19-day freeze

May 16, 2018

Meanwhile, Diesel will now cost Rs 66.57 in New Delhi , Rs 69.11 in Kolkata, Rs 70.88 in Mumbai and Rs 70.25 in Chennai. The companies need to catch up on market prices as 19-day price freeze has created a wider gap. Petrol now costs Rs 75.10 in Delhi a litre , Rs 77.79 in Kolkata, Rs 82.94 in Mumbai, Rs 77.93 in Chennai, Rs 76.31 in Bengaluru, and Rs 79.55 in Hyderabad.

Purchases 2804 Shares of British American Tobacco (BTI)

May 16, 2018

British American Tobacco p.l.c. engages in the production and sale of tobacco products. They expect $0.80 EPS, up 77.78% or $0.35 from last year's $0.45 per share. The firm earned "Buy" rating on Friday, August 4 by Investec. The firm earned "Buy" rating on Friday, October 28 by Societe Generale. British American Tobacco p.l.c.

A2 Milk's share price crashes, pulls down entire market

May 16, 2018

The mid-point of the new sales guidance is 4 per cent down from the consensus of market expectations of $947m. Shares in a2 Milk are tanking after the company's third-quarter trading update fell short of analysts's expectations. A2 Milk previously forecast marketing spend for the full year to be in the range of $NZ61 million to $NZ65 million. On liquid milk, sales had continued to rise, with the company's market share of this market now at 9.6 per cent.

What Are Analysts Suggestions On Mallinckrodt Public Limited Company (MNK)

May 16, 2018

Mallinckrodt Plc Ordinary Share (NYSE: MNK)'s price to earnings ratio stood at 1.17. The stock is unnoticeable among investors as MNK reported unfavorable performance of -30.63%. In the transaction dated November 14, 2017, the great number of shares acquired came courtesy the Chief HR Officer; Watkins Ian J added a total of 2,000 shares at an average price of $21.08, amounting to approximately $42,160.

Revenue Approximations Analysis: Tesla, Inc. (TSLA), Southwest Airlines Co. (LUV)

May 16, 2018

Curbstone Corp invested in 0.27% or 7,480 shares. The mistake some people make is that they think a cheap stock has more value to it. President Donald Trump pledged Sunday to assist Chinese technology firm ZTE Corp to "get back into business, fast" after a USA ban had significantly hampered the Asian company.

Saudi Arabia ready to increase oil production if sanctions against Iran

May 16, 2018

Crude traded up to 3-1/2 year highs early in the session, and then retreated after a bearish inventory figure from energy industry information supplier Genscape, before rallying on geopolitical risks just before the settlement, traders said.

PNB reports Rs. 13416.91 Cr. loss in Q4

May 16, 2018

The bank, which has been allowed by the Reserve Bank of India (RBI) to spread the fraud-related provisions over four quarters, said it would set aside the remaining money over the three quarters beginning 1 April. Finance ministry sources said the bank is expected to post strong result from Q2 (July-September) onwards and would not slip into PCA under RBI monitoring scheme for high bad loans.

Keeper Neuer in Germany's preliminary World Cup squad, Goetze out

May 16, 2018

Sandro Wagner, though, misses out, despite an impressive season at Bayern Munich and the 30-year-old has scored 15 goals and provided six assists in 34 appearances for the Bavarian giants thus far this term, and has also netted five goals for Germany in just eight caps.

Zeke Capital Advisors LLC Invests $722000 in Western Digital (WDC)

May 16, 2018

Cerebellum GP LLC purchased a new stake in shares of Western Digital during the fourth quarter valued at $121,000. Acadian Asset Management LLC purchased a new stake in Western Digital in the 4th quarter worth approximately $132,000. Stifel Nicolaus reaffirmed a "buy" rating and issued a $105.00 target price on shares of Western Digital in a research note on Thursday, February 22nd.

Japan Q1 GDP contracts annualised 0.6%: government

May 16, 2018

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 2.24 points, or 0.12 percent, to 1,802.91. But potential fallout from Sino-U.S. Japan's economy contracted at an annualized rate of 0.6%, marking the end of eight consecutive quarters of economic expansion. The median estimate was for a 0.4 percent increase.

Japanese Train Company Sorry For 'inexcusable' 25-Second Early Departure

May 16, 2018

A service on May 11 was due to depart at 7:12 am from Notogawa station , in central Japan, but due to a miscommunication, the train left at 7:11:35 am instead. After realising his mistake, he looked down the platform to find that it was empty, so chose to leave 25 seconds early rather than reopen the doors and shut them again.

Woman brought laxative-filled brownies to worker's send-off

May 16, 2018

The suspect, who reportedly had an ongoing dispute with the departing employee, initially denied putting laxatives in the brownies but fessed up once she was told they would be forensically tested. Police say the woman might have faced charges if anyone had eaten the brownies. Colleagues say there was bad blood between the two workers, although the baking bandit denied she had any beef with her intended target, according to MLive .

Stock Chatter: Automatic Data Processing, Inc. (NasdaqGS:ADP) Quant & Returns in Focus

May 16, 2018

About 2.11M shares traded. The Earnings Yield Five Year average for Automatic Data Processing, Inc . Since May 14, 2017 ADP has risen 9.09% and is uptrending. ADP opened at $127.34 on Thursday, MarketBeat .com reports. "New ADP Innovation Helps Employers Tailor Payments to the Preferences of All Employees" on May 14, 2018 .

Europe moves to safeguard Iran interests

May 16, 2018

Arguing the nuclear deal wasn't tough enough on Iran , Trump's government is now re-imposing sanctions, and any companies or governments with links to the United States face sanctions if they do not comply. As he arrived in Beijing, Zarif said Tehran was "ready for all option (s)", according to the semi-official ISNA news agency. When asked if the Israelis had made any concessions in return for attaining a long-held goal, Friedman said, "There was no give and take with Israel with ...

Set Sail With Celgene Corporation (CELG), American Eagle Outfitters, Inc. (AEO)

May 16, 2018

This marked the third sales beat in the last four quarters. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. equities analysts predict that American Eagle Outfitters will post 1.46 EPS for the current year. The company also recently announced a quarterly dividend, which was paid on Friday, April 27th. Dividends is a reward scheme, that a company presents to its shareholders.

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