Business

Business Federal Bureau of Investigation prepares charges against North Korea over Bangladesh heist
Author: 0 Federal Bureau of Investigation prepares charges against North Korea over Bangladesh heist

A senior U.S. intelligence official appeared to confirm that North Korean computer hackers were behind a multi-million dollar heist targeting Bangladesh's central bank past year, according to The Foreign Policy. (NSA) deputy director Rick Ledgett appeared to say North Korea was the culprit during a cryptic exchange at a Washington forum. The report said the current cases being pursued might not include charges against North Korean officials, but was likely to implicate the country, as the ...

Business Virgin America will disappear into Alaska Airlines in 2019
Author: 0 Virgin America will disappear into Alaska Airlines in 2019

It all comes down to cost and consistency of branding: That's why Alaska Airlines announced today that it would retire the Virgin America name for the airline it acquired past year. despite the fact that the Virgin America livery will soon be grounded, Branson told of his certainty that the airline's legacy will continue to flourish.

Business Next sees first profit drop since 2008
Author: 0 Next sees first profit drop since 2008

Next has released its annual financial results, reporting the first drop in annual profits for eight years and confirming predictions of a hard period for the fashion retailer. The high street chain also said its profits will drop again in the year ahead, giving a guidance of between £680m (a 14 per cent drop) and £780m (a two per cent drop).

Business Cheques to clear in one working day
Author: 0 Cheques to clear in one working day

A phased roll-out will begin with some banks and building societies in October, with cheque clearing time set to be reduced from six weekdays to next weekday. James Radford, chief executive of C&CCC, said: "These changes will put cheques firmly in the 21st century, delivering real and important benefits for the many individuals, charities and businesses that regularly use cheques".

Business Emirates claps back at electronics ban with cheeky in-flight entertainment ad
Author: 0 Emirates claps back at electronics ban with cheeky in-flight entertainment ad

The Emirates staff will take the items to storage (possibly a locked container) in the cargo hold until arrival (which we imagine will be specially created to be secure). "Yes, this new security measure is disruptive and operationally challenging in several regards but I am optimistic we will get through this", he said in a statement.

Business Ergomed PLC's (ERGO) Buy Rating Reiterated at Numis Securities Ltd
Author: 0 Ergomed PLC's (ERGO) Buy Rating Reiterated at Numis Securities Ltd

Moreover, Van Den Berg Management I Inc has 2.43% invested in the company for 1.35 million shares. Johnson Matthey PLC LON:JMAT has a 50 day moving average of 3,127.73 GBX and a 200 day moving average of 3,215.46 GBX. James's Place plc in a research note on Thursday, January 26th. According to an update released by analysts at Panmure Gordon the broker has now set a "Hold" rating on shares of Standard Life PLC (LON:SL) with a price target of 364.

Business Winnebago Industries, Inc. (WGO) to Release Earnings on Wednesday
Author: 0 Winnebago Industries, Inc. (WGO) to Release Earnings on Wednesday

Finally, Quantbot Technologies LP raised its position in Winnebago Industries by 171.0% in the third quarter. Second-quarter earnings at Winnebago Industries released Wednesday show the company had a profit of more than $15 million. Also, Director William C. Fisher acquired 3,000 shares of the stock in a transaction that occurred on Tuesday, December 27th. The stock was acquired at an average cost of $31.30 per share, for a total transaction of $31,300.00.

Business Russian MP and Putin critic ASSASSINATED in the street
Author: 0 Russian MP and Putin critic ASSASSINATED in the street

His body was also injured in the attack. Voronenkov, 45, was a Communist Party deputy in the State Duma, Russia's lower house of parliament, from 2011 until elections in September 2016. Petrenko pointed out that the investigation has not yet received official information on Voronenkov's death. During the interview, he said that Russian Federation was in the grip of a "pseudo-patriotic frenzy" similar to Nazi Germany, and claimed that it was a "mistake" for Russian Federation to annex the ...

Business Royal Jordanian Airlines Says It's Banning Electronics From US-Bound Flights
Author: 0 Royal Jordanian Airlines Says It's Banning Electronics From US-Bound Flights

It cited fresh "evaluated intelligence" that suggested terror groups continued to target commercial flights by "smuggling explosive devices in various consumer items". The move comes rapidly on the heels of the US Department of Homeland Security establishing rules that will see passengers travelling on airlines from eight nations banned from bringing laptops, iPads, Kindles and cameras aboard flights.

Business Alaska Airlines drops Virgin America brand, business class seats
Author: 0 Alaska Airlines drops Virgin America brand, business class seats

After buying Virgin previous year in a $2.6 billion merger, Alaska has promised to retain the "flair" that fans associate with Virgin, such as free in-flight entertainment, colourful mood lighting and upbeat music while boarding. Its Boeing jets will get all new cabins starting in 2018 with new first and economy class seating. "They fly to far more places than Virgin America, and they have an extremely loyal customer base".

Business United Kingdom retail sales surge 1.4% in February
Author: 0 United Kingdom retail sales surge 1.4% in February

British retail sales in the three months to February recorded their biggest slide in almost seven years as higher fuel prices eroded shoppers' disposable income, official data showed on Thursday. He also said it was worth noting that retail sales only account for around a third of household spending, and the early evidence on other areas of spending has been more encouraging.

Business European Union warns of 'serious consequences' if no Brexit deal
Author: 0 European Union warns of 'serious consequences' if no Brexit deal

The trigger for all this tumult is the innocuous-sounding Article 50 of the EU's Lisbon Treaty, a never-before-used mechanism for withdrawing from the bloc. Peers expressed concern that without appropriate deals, British broadcasters could lose the right to sell programmes to European markets, United Kingdom airlines may have to relocate to the continent and the viability of events like London Fashion Week could be brought into question.

Business Tesco axes beer and cider in price row
Author: 0 Tesco axes beer and cider in price row

In October 2016, it briefly pulled several Unilever (LON:ULVR) products including Marmite and Ben & Jerry's ice cream when Unilever proposed a 10 percent increase to the supermarket prices to deal with increased costs associated with the sharp fall in the pound since the referendum.

Business Amazon.com agrees in principle to buy Middle East's Souq.com
Author: 0 Amazon.com agrees in principle to buy Middle East's Souq.com

One of the key players in ecommerce in the Middle East, Souq.com , is about to be acquired by Amazon according to reports. E-commerce in the Middle East is expanding quickly due to the region's young and tech-savvy population. Rumours say both Flipkart and Paytm (backed by a global Amazon competitor, Alibaba ) are targeting Snapdeal , which may prove too large an obstacle for Amazon to overcome if either party manages to strike a deal with Snapdeal .

Author: 0 Share Rating Recap: Finisar Corporation (NASDAQ:FNSR)

Equities researchers at Jefferies Group raised their Q2 2018 EPS estimates for shares of Finisar in a research note issued to investors on Wednesday. In a different note, On Mar 13, 2017, Raymond James said it Upgrades its rating on Finisar Corporation.

Business Marathon Petroleum Corporation (MPC): What's the Story?
Author: 0 Marathon Petroleum Corporation (MPC): What's the Story?

The dividend stock is -19.56% off a 52-week high stock price of US$19.28 but is up 62.45% since hitting the US$9.65. The relative price strength of Marathon Petroleum Corporation has a positive value of 22.95 compared to overall market.Marathon Petroleum Corporation is having a Relative Strength Index of 53.44 which indicates the stock is not yet over sold or over bought based on the technical indicators.

Business New craft beer comes straight from the toilet bowl to the bar!
Author: 0 New craft beer comes straight from the toilet bowl to the bar!

The beer was created by Steve Gonzalez, Stone Brewing senior manager of brewing and innovation, and with a title like that, this brewer must know what he's doing. He was open to the idea of having a stable supply of recycled water to use. Stone Brewing COO Pat Tiernan says , 'This particular water will just help us not require so much natural water to come in and give us a more reliable source.

Business Utah delegation split on Obamacare replacement
Author: 0 Utah delegation split on Obamacare replacement

Representative Scott Perry of Pennsylvania said , referring to the required benefit packages under the Affordable Care Act and the law's preexisting condition rules. A Congressional Budget Office analysis found 14 million fewer people would have health coverage nearly immediately if the GOP bill is passed, with that number rising to 24 million fewer people insured by 2026.

Business UK Joins US Ban on Laptops in Cabins on Some Mideast Flights
Author: 0 UK Joins US Ban on Laptops in Cabins on Some Mideast Flights

Royal Jordanian said all such devices - including laptops, tablets, cameras, DVD players and electronic games - would need to be checked in under new United States government rules coming into force 21 March. USA officials said the decision was prompted by "evaluated intelligence" about potential threats to airplanes bound for the United States. Those larger than a typical smartphone measuring 16cm by 9.3cm by 1.5cm will now have to be checked in to the plane's hold instead.

Business Is time running out for Michigan's 19 Sears and 38 Kmart stores?
Author: 0 Is time running out for Michigan's 19 Sears and 38 Kmart stores?

SHLD's independent auditor, Deloitte, made no mention of the going concern issue in its annual report audit opinion, but Hollar offers the somewhat circular explanation that its independent auditors provided the company with an "unqualified audit opinion", which the CFO then says means SHLD "remains a 'going concern'".

Business Analysts Estimates and Insider Moves on Hewlett Packard Enterprise Company (NYSE:HPE)
Author: 0 Analysts Estimates and Insider Moves on Hewlett Packard Enterprise Company (NYSE:HPE)

Hewlett Packard Enterprise's dividend payout ratio (DPR) is 14.21%. 02/23/2017 - Hewlett-Packard Company had its "market perform" rating reiterated by analysts at BMO Capital Markets. According to 20 analysts, the Average Revenue Estimate for the current Fiscal quarter is $12.07 Billion and the Low Revenue estimate is $11.71 Billion, while the High Revenue estimate is $12.48 Billion.

Business Fraudster cheats U.S. tech firms of more than US$100m
Author: 0 Fraudster cheats U.S. tech firms of more than US$100m

Rimasauskas's phishing emails posed as if they represented the real hardware manufacturer, and requested that money which the victim companies owed to that manufacturer for legitimate good and services be paid into the accounts of the company he'd set up himself.

Author: 0 On health care, party will trump principle

David SchweikertDavid SchweikertGOP leaders seek healthcare votes from competing factions Trump, GOP struggle to find healthcare votes Key conservative: GOP doesn't have votes on healthcare repeal MORE (R-Ariz.), plans to support the legislation.

Business Kiwi transgender weightlifter wins in first outing
Author: 0 Kiwi transgender weightlifter wins in first outing

Hubbard had to show that her testosterone levels were below a certain threshold for a year before competing. There is speculation that her performance will lead to her earning a place on New Zealand's team that will compete at the Gold Coast Commonwealth Games in 2018.

Author: 0 Active Volume Stock: Cypress Semiconductor Corporation (CY)

The company sells the products to a wide range of customers, including Lucent Technologies Inc., Motorola, Inc., Nortel Networks Corporation, Seagate Technology, Inc., Compaq Computer Corporation, 3Com Corporation, IBM, Cisco Systems, Inc. Cypress Semiconductor had a negative net margin of 35.69% and a positive return on equity of 3.52%. According to these analysts, the Low Revenue Estimate for Cypress Semiconductor Corporation is 510 Million and the High Revenue Estimate is 520.1 Million.

Business Raptors edge Bulls in OT to end losing streak
Author: 0 Raptors edge Bulls in OT to end losing streak

Raptors assistant coach Jamaal Magloire has been fined $15,000 for pushing Bulls forward Nikola Mirotic and acting as other than a peacemaker as part of the same altercation. Lopez claims that prior to the rebound, Ibaka threw him a nasty elbow which is why he reacted the way he did. And from there, all hell broke loose as players from both teams joined in.

Business Windy today, cold tonight for Midstate
Author: 0 Windy today, cold tonight for Midstate

Temperatures are expected to plummet today, but will gradually climb again as the week goes on. Expect a high of 76 degrees on Thursday and a high of 78 on Friday . With lots of rain moving through on Saturday , we could see rainfall amounts over an inch by the end of the weekend! Thursday evening will be cloudy and cool with temperatures quickly dropping after sunset.

Business Porsche pockets £14200 per auto sold in 2016
Author: 0 Porsche pockets £14200 per auto sold in 2016

That ramp-up comprises the company's new 911 GT3 sports vehicle, which commands $144,000 and up. Daimler AG pocketed about $5,000 a vehicle previous year, roughly the same margin BMW has been managing. Its operating profit equates to nearly $90,000 a vehicle. Plus, the company's profit spike has coincided with the launch of its most affordable model.

Business Frontier Communications Corporation (NASDAQ:FTR) Pressured Under Trend Lines
Author: 0 Frontier Communications Corporation (NASDAQ:FTR) Pressured Under Trend Lines

The gap down was reported on Mar, 22 by Barchart.com . This is not because we believe that FTR will exceed the leverage ratio in its bonds' covenants, which could require it to stop paying a dividend. Frontier Communications Corp's dividend payout ratio is now -77.78%. Bank of Montreal Can increased its stake in Frontier Communications Corp by 26.3% in the third quarter.

Business February trade surplus soars to ¥813.4 bil. on upbeat exports
Author: 0 February trade surplus soars to ¥813.4 bil. on upbeat exports

Imports were also up by 1.2... Sharp gains in shipments of auto parts to China and electronics parts to Hong Kong helped lift Japan's overall exports by 11.3 percent to 6.35 trillion yen - the third straight month of rise. The latest figures marked Japan's highest monthly trade surplus in almost seven years. US President Donald Trump has accused Japan of devaluing the yen to boost exports, grouping it with other nations he says are taking "advantage" of the US, but Japan Macro Advisors ...

Business Amaya Reports Record Increase in Q4 and Full-Year 2016 Revenues
Author: 0 Amaya Reports Record Increase in Q4 and Full-Year 2016 Revenues

The company said it expects profit of between $1.94 and $2.13 per share this year, more than the average of analysts' forecasts. According to Mr. Ashkenazi, the changes implemented in the poker field and the customer acquisition initiatives were still offsetting the impact of some negative trends and heled the company generate organic growth in the business.

Author: 0 The Fundamental Facts on Urban Outfitters, Inc. (NASDAQ:URBN)

The stock now has a consensus rating of "Hold" and an average target price of $32.59. In the past 5 years, the stock showed growth of 7.14% per annum. Ameriprise Financial Inc. increased its stake in shares of Urban Outfitters by 983.2% in the third quarter. The stock traded with the volume of 3.99 Million shares in the last trading session.

Business Exxon Can't Locate A Year's Worth Of Rex Tillerson's 'Wayne Tracker' Emails
Author: 0 Exxon Can't Locate A Year's Worth Of Rex Tillerson's 'Wayne Tracker' Emails

NY said Exxon lost as much as a year's worth of emails, though a company document submitted to the court said a year of emails was originally missing but nine months worth had subsequently been recovered. Schneiderman's request is part of protracted legal dispute between NY and MA and Exxon, which is trying to upend the states' investigations. Tillerson sent the emails between 2008 and 2015.

Business Vodafone-Idea merger: CEO Vittorio Colao, Kumar Birla meet telecom minister
Author: 0 Vodafone-Idea merger: CEO Vittorio Colao, Kumar Birla meet telecom minister

British telecom company Vodafone's Indian unit on Monday announced a merger with Idea Cellular, a local company, creating India's largest telecom operator, with around 400 million customers. The combined company will be able to better compete with billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd., which stormed into the market previous year offering free calls and data, pressuring carriers to consolidate.

Business Noteworthy Price Swings: Huntington Bancshares Incorporated (NASDAQ:HBAN)
Author: 0 Noteworthy Price Swings: Huntington Bancshares Incorporated (NASDAQ:HBAN)

Worth considering, is that the annualized 3.7% figure actually exceeds the 2.5% annualized dividend paid by Huntington Bancshares Inc by 1.2%, based on the current share price of $12.92. While in the same Quarter Previous year, the Actual EPS was $0.2. At present, the PEG is valued at 1.9 alongside the P/S ratio of 5.69 and P/B ratio of 1.61.

Author: 0 Tillerson Never Wanted US State Secretary Job, 'Stunned' by Offer

Tillerson said he had discussed the offer with his wife who convinced him to accept it. Mr Tillerson said he had never met the President before the election. I personally don't need it. And on 12 April he will skip what would be his first meeting with the 28 North Atlantic Treaty Organisation members to travel to Russian Federation.

Business Need a Job? Starbucks to Hire 240000 New Employees By 2021
Author: 0 Need a Job? Starbucks to Hire 240000 New Employees By 2021

More young Americans will also receive employment under the Starbucks umbrella. All you'll have to say is, "Alexa, ask Starbucks to start my order" and they'll get a head start on making your favorite drink and heating up that Gouda-Bacon-Egg Ciabotta sandwich.

Author: 0 Next Weeks Broker Price Targets For Analog Devices, Inc. (NASDAQ:ADI)

Price targets reflect what the analyst believes a stock will be worth four quarters into the future. Analog Devices (NASDAQ: ADI ) last issued its quarterly earnings data on Wednesday, February 15th. Following the transaction, the director now directly owns 30,935 shares of the company's stock, valued at $2,237,837.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website .

Business NAR: Existing-Home Sales Dropped 3.7% In February
Author: 0 NAR: Existing-Home Sales Dropped 3.7% In February

Although NAR's first-quarter HOME survey shows that most consumers feel now is a good time to sell, sales can not actually increase "until an increase in listings actually occurs", Yun says. "Florida's market for existing single-family homes in February continued to perform in line with what we've seen over the past year and a half", said Florida Realtors® Chief Economist Dr.

Business Man Turns Self In To Police After Fatal Midtown Stabbing
Author: 0 Man Turns Self In To Police After Fatal Midtown Stabbing

Anyone with information in regards to this incident is asked to call the NYPD's Crime Stoppers Hotline at 1-800-577-TIPS (8477) or for Spanish, 1-888-57-PISTA (74782). EMS responders transported the man from the precinct to Bellevue hospital where he was pronounced dead, police said. On social media, Caughman described himself as a "can and bottle recycler, autograph collecter in NY city".

Business Electronic devices banned on some UK-bound flights: are you affected?
Author: 0 Electronic devices banned on some UK-bound flights: are you affected?

A LAPTOP ban affecting airline passengers travelling to the United Kingdom from six countries in the Middle East and north America is to be introduced "in the coming days", Downing Street confirmed. As of Tuesday, Emirates, Etihad and Royal Air Maroc had announced the implementation of new rules limiting what electronic devices can be carried on flights to the United States.

Business Brand New Trailer For THE BOSS BABY
Author: 0 Brand New Trailer For THE BOSS BABY

You're clearly shrewd, so let me lay this out for you. " The Boss Baby " stars Baldwin as a suited up infant and also features voice work from Toby Maguire, Jimmy Kimmel , Lisa Kudrow and Steve Buscemi . With a sly, heart-filled message about the importance of family, DreamWorks' THE BOSS BABY is an authentic and broadly appealing original comedy for all ages.

Business Why OPEC Oil Cuts Could Last: Russia vs Iraq, Saudis
Author: 0 Why OPEC Oil Cuts Could Last: Russia vs Iraq, Saudis

Oil prices slid to near four-month lows on Wednesday (22 March), with Brent briefly joining the West Texas Intermediate (WTI) below $50 per barrel levels before a marginal recovery, as data indicated that United States crude inventories rose well above market forecasts.

Business What we know about the electronics restrictions on some foreign flights
Author: 0 What we know about the electronics restrictions on some foreign flights

Sky News estimates the order will apply to about 50 flights per day. USA media has quoted officials confirming the move is linked to a threat from al Qaeda in the Arabian Peninsula and has been prompted by recent intelligence. An Emirates spokeswoman was quoted by Reuters news agency as saying the airline understood that the United States directive would come into effect on March 25 and remain valid until October 14.

Business Silver Wheaton Corp (NASDAQ:SLW) To Report Earnings
Author: 0 Silver Wheaton Corp (NASDAQ:SLW) To Report Earnings

A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. In the trailing 12 months period, return on assets ratio of the Company was 0.30% and return on equity ratio was 0.30% while its return on investment ratio was -2.70%.