Business Snapchat parent Snap reports huge loss the day after announcing new features
Author: 0 Snapchat parent Snap reports huge loss the day after announcing new features

The company's adjusted loss was $10 million higher than analysts had expected while its net loss went from $104.6 million to $2.2 billion due to costs related to the initial public offering (IPO) earlier this year. In fact, the Snapchat maker's share price quickly fell by more than 20% during after-hours trading, as of 6:00 p.m. Its latest trading price almost went back to its initial public offering ( IPO ) price of $17 per share.

Business Dutch king was guest pilot for 21 years
Author: 0 Dutch king was guest pilot for 21 years

For King Willem-Alexander, it seems it provides the flawless opportunity to switch off from the day-to-day duties of monarchy and focus on something entirely different. "That, for me, is the most relaxing part of flying", he said. He's been flying under the radar for years. He was seldom recognized in uniform, particularly after the September 11 terrorist attacks, when safety protocols were introduced to limit access to cockpits, he said.

Author: 0 Congressman calls for Trump's impeachment on House floor

House of Representatives ". Similarly, Alan Dershowitz, one of the country's most prominent scholars on United States constitutional law and criminal law and a leading defender of civil liberties called the accusations against Trump 'most serious charge ever against a sitting USA president'.

Author: 0 Venezuela supports extension of OPEC, non-OPEC production cut

The International Energy Agency said the global oil market is rebalancing and the pace is picking up, even if inventories do not yet reflect the impact of OPEC supply cuts. USA crude stockpiles probably fell by 2.75 million barrels last week, according to a Bloomberg survey before a government report Wednesday. Still, global oil supply and demand almost realigned in the first quarter after a almost three-year oversupply, and the oil stuck in storage tanks around the world shrank by 1 million ...

Author: 0 Financial Update of Kimco Realty Corporation (NYSE:KIM)

One analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. 10/04/2016 - Kimco Realty Corporation had its "hold" rating reiterated by analysts at Stifel Nicolaus. Watching some historical volatility numbers on shares of The New Zealand Refining Company Limited (NZSE:NZR), we can see that the 12 month volatility is presently 31.015000.

Author: 0 Drax Group Plc (DRX) Lifted to Buy at Jefferies Group LLC

XNCR's SI was 1.98 million shares in May as released by FINRA. The SI to Xencor Incorporated's float is 5.75%. This is -5.81% from the last stock close. The stock's market capitalization is GBX 7.13 billion. The Company's divisions include North America, Europe, Rest of World and Central activities. It has a 23.91 P/E ratio.

Business Government pushes on with company tax cuts
Author: 0 Government pushes on with company tax cuts

But Ms Sales pointed out a dramatic about-face from his first budget a year ago. For 2017/18 the deficit comes in at $29.4 billion, and $21.4 billion the following year, before making a remarkable step-down to just $2.5 billion in 2019/20 and then posting the first surplus in 13 years at $7.4 billion in 2020/21.

Author: 0 US jobless claims fall, continuing claims hit 17-year low

The central bank is expected to raise interest rates when it meets again in June. The data point to a stronger growth by the US economy in the second quarter after a slow first quarter, the Los Angeles Times said Friday. Goods-producing employment rose by 21,000 jobs during the month, as gains in mining and logging led the way by adding 10,000. "The labour market has progressively gotten tighter and tighter", Mr Jim O'Sullivan, chief United States economist at High Frequency Economics in ...

Business Surprise tax increases in 2017 Australian budget
Author: 0 Surprise tax increases in 2017 Australian budget

If that happens budget deficits shrink from $37.6 billion this year to near balance in 2019-20 and a $7.4 billion surplus the year after. "Despite large falls in mining investment and commodity prices from record highs, the economy has generated solid jobs growth over the past few years".

Author: 0 Ford to Cut 1400 Jobs in Profitability Push

The company will offer voluntary early retirement and separation packages to around 10 percent of salaried workers in departments such as sales, marketing and human resources. Ford announced in January that it would scrap a plan to build a factory in Mexico in favor of adding 700 jobs in MI. That news followed the release of the company's first-quarter earnings which tumbled 35 percent, to $1.6 billion, year-over-year.

Business Ronaldo double puts Madrid within point of title
Author: 0 Ronaldo double puts Madrid within point of title

Human beings can make mistakes. Real now look highly likely to win their first league title since the 2011/12 season, when Jose Mourinho's side beat Barcelona to the championship by a comfortable nine points. "You can see that on the pitch". Ronaldo's great rival Messi is Barcelona's all-time top scorer with 504 goals in all competitions, but the months he has spent injured have allowed his Portuguese foe to streak ahead in the charts.

Author: 0 Tulsa police officer found not guilty of manslaughter

Joey Crutcher, father of Terence Crutcher, said: "Let it be known that I believe in my heart that Betty Shelby got away with murder". She said Crutcher put his hands on the SUV and then moved to reach into the vehicle. But Benjamin Crump, an attorney representing the Crutcher's family, said Crutcher's window was rolled up, making it unlikely he was reaching into the auto .

Author: 0 Ford to cut 1400 jobs by the end of this summer

The company details about the voluntary packages and how the program will work will be communicated with employees next month, with the job cuts will be completed by the end of September. The automaker, in a statement, said it has not yet announced any job cuts but did not deny the essence of the report. That's despite Ford making significant investments into artificial intelligence companies to speed up its self-driving vehicle programs.

Author: 0 Oil price climbs as Opec offers early consensus on renewed deal

Brent oil prices are expected to average 53 per barrel in 2017 and 57 per barrel in 2018, the US Energy Information Administration (EIA) said in its May Short-Term Energy Outlook. Saudi Arabia and Russian Federation, in response to the surge in United States shale production, have signalled they intend to continue to extend the deal reached to cut production by 1.8 million barrels per day in November.

Author: 0 Fast Growing Stock in Focus: SINA Corporation (NASDAQ:SINA)

RSI is a technical oscillator that shows price strength by comparing upward and downward movements. A beta under 1 indicates that the stock is less volatile than the market in theory. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. The business had revenue of $278.10 million during the quarter, compared to the consensus estimate of $267.14 million.

Business Japan, New Zealand to work together to revive TPP
Author: 0 Japan, New Zealand to work together to revive TPP

New Zealand Prime Minister Bill English (left) and Japan Prime Minister Shinzo Abe exchange a rugby ball during their meeting in Tokyo. Trade officials will be asked to work on an implementation plan at a Trade Ministers' meeting in Vietnam next week, which Trade Minister Todd McClay will co-chair.

Business Oil Market Is Rebalancing Yet OPEC's Work Not Finished, IEA Says
Author: 0 Oil Market Is Rebalancing Yet OPEC's Work Not Finished, IEA Says

With a nine-month extension now the minimum expectation for the OPEC meeting, the group has a lot of work to do to persuade its members and some non-OPEC producers to back the move. Since US is not a party to the agreement to cut supplies, US shale producers are free to hike production as prices rise, which in turn could undermine the unified effort to prop up the market.

Author: 0 Ryan: GOP will 'follow the facts' on Trump, Comey

Responding to a reporter's question, U.S. Rep. Justin Amash agreed Wednesday that President Donald Trump could face impeachment proceedings if allegations that he urged the former FBI director to drop an investigation prove true. "But we have an obligation to carry out our oversight regardless of which party is in the White House". The White House has played down the importance and secrecy of the information Trump gave to the Russians, which had been supplied by Israel under an ...

Business Selena Gomez to debut 'Bad Liar' at the 2017 BMAs?
Author: 0 Selena Gomez to debut 'Bad Liar' at the 2017 BMAs?

The wait is over - Selena Gomez' " Bad Liar " has arrived. Check out more of her teasers below while you ponder the words, and get ready to hear " Bad Liar " when it hits May 18. Though Selena's name hasn't been on any official attendees list, Gomez is nominated for Top Social Artist, which means there's a good chance she could at least attend the show to accept the award should she win.

Business Newly freed, Chelsea Manning looks to 'exciting' future
Author: 0 Newly freed, Chelsea Manning looks to 'exciting' future

President Obama commuted Manning's sentence three days before his second term expired, shaving all but four months of the sentence. "When I first wrote to Chelsea at the military prison in Kansas, she could not be filmed, nor could I communicate with her in any way other than through letters ", Hawkins said in a statement .

Business SL backs India's concern over Kashmir in China's OBOR project
Author: 0 SL backs India's concern over Kashmir in China's OBOR project

India has expressed its clear objection to join China's "Belt and Road Forum" - also known as "One Belt, One Road"-, sparking debate of OBOR status after India's refusal, but a state-run Chinese daily has termed Indian move a "partly a show" for domestic politics aimed at piling pressure to get Beijing's "special attention".

Business Video shows man punch female security guard who tried to help him
Author: 0 Video shows man punch female security guard who tried to help him

The recording showed Stigler, 46, approaching DeLeon again with a mop and a bucket after he vomited on the sidewalk. She will also be off of work until her injuries heal. Defense attorney Richard Fenbert said his client expressed "deep remorse" when he turned himself in earlier this week. "He's going to make this right for the victim and her family".

Author: 0 Compass Group (LON:CPG) Receives Hold Rating From Numis Securities Analysts

We have $15.74 PT which if reached, will make NASDAQ:ON worth $437.50M more. Bryan, Garnier & Co reissued a "sell" rating on shares of Burberry Group plc in a research report on Thursday, April 20th. The company has market cap of 151.07 million GBP. The Company's segments include Generation, which is engaged in the generation of electricity at Drax Power Station; Biomass Supply, which is engaged in the production of sustainable compressed wood pellets at its processing facilities in the United ...

Author: 0 Macron team announces candidates for June parliamentary election

The right could make further gains in coming years, especially if Macron fails - and Le Pen will certainly be trying to make gains in June when France holds its parliamentary elections. One of Macron's immediate tasks will be to name his prime minister who will govern between now and the parliamentary elections on June 11 and 18, and perhaps beyond.

Business US Treasury chief: trade partners like Trump policies
Author: 0 US Treasury chief: trade partners like Trump policies

Mnuchin said his meetings with finance leaders had led to better understanding of the USA president's position that trade must be fair and balanced as well as open. A broader theme not on the written agenda, however, was the desire of foreign leaders to get a better read on President Donald Trump's policies, as well as USA officials' desire to make their positions clear.

Business Banking law amendments to help effectively fix NPAs: FinSecy
Author: 0 Banking law amendments to help effectively fix NPAs: FinSecy

SBI Chairperson Arundhati Bhattacharya said, it indicates government's firm commitment to find a satisfactory solution to the problem of non-performing assets. Mumbai:Rating agencies cautioned that the Ordinance on NPA resolution will involve RBI into micromanaging a commercial problem. Now the RBI can bring in such panels to monitor the alphabet soup of other mechanisms for tackling non-performing assets (NPAs) such as SDR (strategic debt restructuring) through the JLFs, or joint lenders' ...

Author: 0 Connelly: Greens may hold balance of power in tight British Columbia election

The ridings that need to be checked are Courtenay-Comox, where the BC NDP candidate won by only nine votes and Maple Ridge-Mission where there's a difference of 120 votes. "If you can make the counterfactual argument that the Greens are closer to the New Democrats [and] a few extra votes would have made a difference, there aren't too many places where you could make that".

Business Korean leader scraps plan for state history books
Author: 0 Korean leader scraps plan for state history books

The Prime Minister called Moon Jae-in to congratulate him on his election victory and discuss global tensions over North Korea's nuclear weapons test programme. Experts see it as a sign that China is reaching out to South Korea amid friction over the missile system deployment. The new South Korean president noted the countries' bilateral trade has been growing since they implemented their bilateral free trade agreement (FTA) in December 2014, and expressed hope the countries will further ...

Author: 0 Wide cyber attack curbed for now

A statement released by the Hampshire Hospitals NHS Foundation Trust on Monday said: "We can confirm that the radiology services affected by the national cyber attack at Basingstoke and North Hampshire Hospital have been restored". The ransomware has been created to spread between computers and networks automatically with a "worm functionality", which has allowed it to quickly spread across the world.

Business Stifel Nicolaus Reaffirms Buy Rating for Anadarko Petroleum Co. (APC)
Author: 0 Stifel Nicolaus Reaffirms Buy Rating for Anadarko Petroleum Co. (APC)

Several other institutional investors have also bought and sold shares of the company. Wetherby Asset Management Inc. raised its position in shares of Anadarko Petroleum by 0.7% in the fourth quarter. Anadarko Petroleum Corporation has $109 highest and $4 lowest target. "(APC) Cut to Market Perform at Wells Fargo & Co" was originally posted by Markets Daily and is the property of of Markets Daily.

Author: 0 Snapchat parent company reports £1.7bn loss in first earnings report

The median price target on the stock is $24. The social networking app received 12 Buy, 18 Hold, two Underweight, and four Sell ratings from analysts at FactSet Fundamentals. If you are viewing this article on another publication, it was stolen and republished in violation of USA and worldwide copyright legislation. Shares of the parent company of Snapchat were down on Thursday following the earnings report.

Business Vice President Jahangiri Quits Iran Presidential Election Race
Author: 0 Vice President Jahangiri Quits Iran Presidential Election Race

The reformist candidate has dropped out of Iran's presidential election and thrown his support behind President Hassan Rouhani , in a widely expected move that will strengthen the incumbent's campaign against a hard-liner. Now, with US President Donald Trump threatening to scrap the deal, and visiting Iran's regional rival Saudi Arabia this weekend, that policy of detente looks increasingly in jeopardy.

Business Greenville/Butler County Law Enforcement Honored at Annual Memorial
Author: 0 Greenville/Butler County Law Enforcement Honored at Annual Memorial

The home-schooled student will read an essay he wrote on law enforcement for a persuasive speech writing class, El Paso County Sheriff's Office spokeswoman Jackie Kirby told 11 News partner The Gazette. Like many of you, I understand and respect the great sacrifices our fearless, devoted officers make every day protecting us from danger. "I welcome you here today, at a time where we recognize the many sacrifices given by law enforcement", Parrish said.

Author: 0 Worldpay Group (LON:WPG) Receives Overweight Rating From Barclays Analysts

The legal version of this article can be viewed at Metro Bank PLC (LON:MTRO)'s stock had its "sell" rating reissued by Numis Securities Ltd in a report released on Wednesday, April 26th. Other equities analysts have also issued research reports about the company.

Business State regulation of Uber, Lyft moves on to Louisiana Senate
Author: 0 State regulation of Uber, Lyft moves on to Louisiana Senate

Lyft spokesperson, Chelsea Harrision said, "Ridesharing in Texas took a tremendous step forward today". "A statewide framework for ridesharing will help bring greater economic opportunity and expanded access to safe, reliable transportation options to more Texans", said Sarfraz Maredia, General Manager for Uber Texas.

Business Ford to cut 1400 jobs in North America, Asia
Author: 0 Ford to cut 1400 jobs in North America, Asia

After seven straight years of growth, US sales are starting to slow down, which will hurt automakers' profits. The buyout offers were a fraction of the 20,000 job cuts that some news outlets had reported Ford could announce this week. Investors have been indifferent to Fields' plan to pour billions into new technologies like driverless cars and robo-taxis to take on upstarts like Uber Technologies Inc.

Author: 0 When caffeine becomes deadly: How much is too much?

But how much caffeine is enough to send you to the grave? While caffeine isn't an illegal drug, or even one that has a legal age of consumption, it can still have lots of detrimental effects. 5-hour Energy Shot contains 200 mg. According to the Center for Science in the Public Interest , a venti Starbucks Blonde Roast contains 475 mg of caffeine, while a 2 oz.

Business Climate envoys meet in Bonn despite Trump threat over Paris deal
Author: 0 Climate envoys meet in Bonn despite Trump threat over Paris deal

A startlingly loud alarm clock will be rung to wake up hotel guests. United Nations climate talks began in German city of Bonn on Monday aimed at combating global warming. Not only did newly elected French President Emmanuel Macron mention climate change in his short victory speech on Sunday night, he has made it clear that he welcomes such research in France.

Business AAA: Memorial Day Travel at Highest Level Since 2005
Author: 0 AAA: Memorial Day Travel at Highest Level Since 2005

Of the more than 39 million Americans expected to travel between May 25 and May 29, almost nine out of 10 (34.6 million) will drive to their destination. This will make it the busiest Memorial day for travel in 12 years. The number of holiday travelers this month is expected to hit a twelve-year high.

Business Kuwait Joins Saudis, Russia to Seek Oil-Cuts Extension Into 2018
Author: 0 Kuwait Joins Saudis, Russia to Seek Oil-Cuts Extension Into 2018

Brent crude, the worldwide benchmark for crude oil, gained around $1.53 to trade at $52.37 per barrel on the global market. Under the current agreement that started on January 1, the 13-country OPEC and other producers pledged to cut output by nearly 1.8 million barrels per day in the first half of the year.

Business Stamp Out Hunger drive collects roughly 28K pounds of food
Author: 0 Stamp Out Hunger drive collects roughly 28K pounds of food

Over the span of its lifetime so far, the National Association of Letter Carriers' Food Drive has collected more than 1.5 billion pounds of food, helping countless Americans when they needed it most. Crouch says that even one or two cans of food can make a big difference for struggling families. Williamson residents opened their hearts and pantries this weekend; donating more than four thousand pounds of non- perishable food items to the National Stamp Out Hunger food drive.

Author: 0 Oil prices search for new ceiling on production agreement

US gold futures gained 0.48 percent to $1,233.60 an ounce. The ministers said they hoped other producers would join the supply cut, which would initially be on the same volume terms as before. Crude oil prices were on pace for another major rally Monday after Saudi Arabia and Russian Federation agreed on an extension to a production cut arrangement.

Business Passenger tries to open plane door
Author: 0 Passenger tries to open plane door

He came to the crew's attention again, however, when he allegedly began yelling at passengers for "looking at him" and threw a wad of paper at a woman sitting nearby, the complaint said. Courneyea was restrained by crew and passengers. Zip ties were used around his arms and legs to keep him restrained. The FBI was contacted about the incident just after 7:30 p.m.

Author: 0 Worldwide ransomware attacks: What we know

But rather than upgrade systems some cash-strapped NHS bodies have continued to use the older software, for which Microsoft stopped offering general support in 2014. The Japan Computer Emergency Response Team Coordination Center, a nonprofit providing support for computer attacks, said 2,000 computers at 600 locations in Japan were reported affected so far.

Business Cyber attack: Some ATMs remained shut on precautionary ground
Author: 0 Cyber attack: Some ATMs remained shut on precautionary ground

Microsoft talking about WannaCry ransomware attack points at government's carelessness. "We view MSFT shares as attractive due to the significant earnings power potential over the next several years", he wrote. This includes ATMs (automated teller machines), hospital networks, computers at essential utilities, etc. That gave the security community a good idea of how the malware was spreading.