Business

Business US Fed can 'be patient' in raising rates: minutes
Author: 0 US Fed can 'be patient' in raising rates: minutes

The Nasdaq Composite Index was up 12.10 points, or 0.19 percent, to 6,345.11. Gross domestic product grew 0.6 percent quarter-on-quarter, slightly faster than the 0.5 percent increase seen in the first three months of the year, the latest flash estimate from Eurostat showed Wednesday.

Business Dollar climbs vs yen as concerns over N.Korea tensions ease
Author: 0 Dollar climbs vs yen as concerns over N.Korea tensions ease

That news helped ease investor worries about the risk of a conflict between the United States and North Korea, improving sentiment toward riskier assets. US DATA: The other potential driver in markets will be upcoming USA economic data, including monthly inflation figures, which could go a long way to determining expectations for the pace at which the Federal Reserve raises interest rates.

Business Deutsche Bank AG Reaffirms
Author: 0 Deutsche Bank AG Reaffirms "Buy" Rating for BHP Billiton plc (BLT)

Finally, Lazard Asset Management LLC raised its position in BHP Billiton Limited by 1.8% in the first quarter. Renaissance Technologies LLC acquired a new position in BHP Billiton PLC during the fourth quarter worth $720,000. The firm has a 50-day moving average price of $34.08 and a 200-day moving average price of $32.39. Raymond James Financial Services Advisors Inc. now owns 40,843 shares of the mining company's stock valued at $1,454,000 after buying an additional 3,351 shares in the ...

Business These CEOs have resigned from President Trump's special councils
Author: 0 These CEOs have resigned from President Trump's special councils

Frazier, who is African-American, said he was acting as both the CEO of Merck and "as a matter of personal conscience". Merck & Co.'s Kenneth Frazier , one of the country's most prominent black CEOs, was the first to quit the manufacturing council, followed by bosses from companies such as Under Armour Inc.

Business Facebook redesigns main app and 'Conversations' in Instagram
Author: 0 Facebook redesigns main app and 'Conversations' in Instagram

According to Instagram , this feature is set to roll out globally on Android and iOS "in the coming weeks". The new option allows users to keep track of their conversations within the Instagram posts. The move comes as Facebook and other internet companies work to curb trolls, hate speech and the spread of violent ideology on their platforms. Social entertainment and messaging application Instagram has updated its stage and has added comment thread choice to its application.

Business In its slow shift to software, network giant Cisco's revenue falls again
Author: 0 In its slow shift to software, network giant Cisco's revenue falls again

Cibc Ww Markets owns 0.31% invested in Cisco Systems, Inc . $10.07M worth of Cisco Systems, Inc . Ltd. increased its stake in shares of Cisco Systems by 15.0% in the first quarter. (NASDAQ: CSCO ) were released by: Fool.com and their article: "The case for Microsoft" published on August 09, 2017 as well as Seekingalpha.com's news article titled: "Cisco Can Double Its Current Dividend" with publication date: August 07, 2017.

Business Maker of Angry Birds may list soon
Author: 0 Maker of Angry Birds may list soon

Rovio, the Finnish firm that makes the popular Angry Birds games, is reportedly planning to go public soon. Bloomberg reminds that despite the positive trajectory of the entertainment company, the initial public offering would "test investors' appetite" for entertainment software developers that, according to data compiled by the news agency, have seen their shares slide by an average of 18 per cent following initial public offerings this year.

Business Merck CEO Resigns From A Trump Business Council, Citing His Conscience
Author: 0 Merck CEO Resigns From A Trump Business Council, Citing His Conscience

In January, Merck reported that its average net prices - the amount the company receives after discounts and other rebates - increased in the years since 2010 in a range between 3.4% and 6.2%. Among those who've left are the chief executives for Merck, Under Armour and Intel and the president of the Alliance for American Manufacturing. Walt Disney Co.

Business Business leaders quit Trump panel; he hits back hard
Author: 0 Business leaders quit Trump panel; he hits back hard

The American Manufacturing Council, which Trump established in January with about two dozen members, is supposed to meet occasionally to offer the President advice on job growth. Trump initially did not name white supremacists in his condemnation of the weekend's events in Charlottesville, which saw violence erupt between alt-right protesters and counter-protesters.

Business Plank Quits Trump Manufacturing Council
Author: 0 Plank Quits Trump Manufacturing Council

And then, the CEO of computer chip maker Intel announced he would also leave the group. Eight CEOs - including Merck's Kenneth Frazier , Intel's Brian Krzanich , Kevin Plank of Under Armour, and Richard Trumka, president of American Federation of Labor and Congress of Industrial Organisations (AFL-CIO) - have quit from Trump's two advisory councils.

Business Missing engagement ring found on garden carrot 13 years later
Author: 0 Missing engagement ring found on garden carrot 13 years later

Once a keen gardener, Mary assumed that she lost it pulling weeds in the garden of their home in the western province of Alberta . "I asked my husband if he recognized the ring ". Amazingly, the carrot grew straight through the ring . Instead, it resurfaced 13 years later under very unusual circumstances. The farm has been in the family for 105 years.

Author: 0 How Are AstraZeneca PLC (AZN) Earnings Expectations Changing For Q3 2017?

The stock's market capitalization is GBX 56.42 billion. Nordea downgraded the shares of AZN in report on Monday, November 2 to "Hold" rating. However it has a net margin of 17.80%. Barclays PLC restated an "overweight" rating on shares of Astrazeneca PLC in a research report on Monday, July 3rd. Finally, HSBC Holdings plc reaffirmed a reduce rating and set a GBX 4,200 ($54.52) target price on shares of AstraZeneca plc in a research note on Friday, May 5th.

Business Acquires 380 Shares of Urban Outfitters, Inc. (URBN)
Author: 0 Acquires 380 Shares of Urban Outfitters, Inc. (URBN)

Robert W. Baird reissued an "outperform" rating and issued a $25.00 target price (down from $28.00) on shares of Urban Outfitters in a report on Wednesday, May 17th. Urban Outfitters has reported a 2% drop in Q2 revenues, which it described as "disappointing", but said it there were encouraging signs of top level growth in future quarters.

Business Target Corporation (TGT)'s Stock Is Buy After Today's Huge Increase
Author: 0 Target Corporation (TGT)'s Stock Is Buy After Today's Huge Increase

This price movement gives investors an idea of how much the stock price has moved in the a year ago and whether it is trading near the top, middle or bottom of the range. This is a increase from recipient Corporation's prior periodic dividend of $0.60. recipient Corporation's yield ratio (DPR) is presently 48.98%. The transaction related to this sale was declared in a document with the securities and exchange commission, which is available at this link .

Business Apple, Facebook & others band together against warrantless location tracking
Author: 0 Apple, Facebook & others band together against warrantless location tracking

The ACLU argues authorities should get a warrant before being allowed to collect cell phone location data. In that case, Timothy Caprpenter, having been convicted of a series of armed robberies of Radio Shack and T-Mobile stores in OH and MI, appealed the decision on the grounds that the way the police obtained his location data breaches the Fourth Amendment of the US Constitution.

Business Donald Trump lashes out at Amazon over taxes, jobs
Author: 0 Donald Trump lashes out at Amazon over taxes, jobs

The newspaper owned by Amazon founder Jeff Bezos has been accused by Trump of covering his presidency unfairly and protecting the retailer's interests from an increased tax liability. Trump also criticized the link between Bezos, Amazon and The Washington Post while on the campaign trail. The tweets don't seem to materially affect Amazon , as the company is up about 46% since Trump's first negative tweet.

Business Melbourne most liveable city; Karachi, Dhaka among the least
Author: 0 Melbourne most liveable city; Karachi, Dhaka among the least

Adelaide was the only other Australian city on the list. The index assesses stability, healthcare, culture and environment, education and infrastructure of 140 different cities. "However it is worth remembering that, although ten ranking places now separate Hong Kong and Singapore, the difference between them is marginal at just 1.6 per cent and both comfortably sit in the top tier of liveability where there are few, if any, challenges to lifestyle".

Business Under Armour CEO Quits Trump's Manufacturing Council
Author: 0 Under Armour CEO Quits Trump's Manufacturing Council

Frazier, who is African-American, made it clear he was leaving the council because Trump was slow to condemn the white supremacists who marched in Charlottesville. The resignation came after Trump was criticized for his response to the violence at white supremacist events in Charlottesville, Va., over the weekend.

Business Stalling UK inflation eases pressure on Bank of England
Author: 0 Stalling UK inflation eases pressure on Bank of England

However, annual growth in producers' input prices slowed to 6.5% in July, from 10.0% the previous month, the largest monthly drop in over five years, suggesting the impact of sterling's post-Brexit vote depreciation is starting to dissipate.

Business LTFRB halts service of newly-launched ride-hailing app
Author: 0 LTFRB halts service of newly-launched ride-hailing app

Philippine authorities announced on Monday that they would suspend Uber for one month for failing to have the proper permits to licence its drivers. In the same meeting, Uber Technologies Southeast Asia manager Michael Brown apologized to LTFRB Chairman Martin Delgra for accepting applications for accreditations despite the board's orders.

Business Unemployment figures fall to 42-year low
Author: 0 Unemployment figures fall to 42-year low

According to Office for National Statistics figures there were 32.07 million people in work, 338,000 more than the same period a year ago. But the figure was still well below the rate of inflation, which has been running as high as 2.9 per cent on the CPI measure over the period.

Author: 0 Slavan Bilic expected more from his West Ham side

They took me as a 19-year-old boy from Shrewsbury Town, took a punt on me, and I've had some fantastic times there, built some great relationships. Following the game, Neville has now indicated that the fitness of the Argentinian epitomized the nature of the defeat for the Hammers, saying, "Zabaleta epitomised it for West Ham at the end".

Business TJX among few bright spots in glum U.S. retail sector
Author: 0 TJX among few bright spots in glum U.S. retail sector

The fund owned 4,251 shares of the apparel and home fashions retailer's stock after buying an additional 343 shares during the period. The biggest institutional shareholders in TJX Companies, Inc . ( TJX ) has an annual dividend of $1.25, while its annual dividend yield is 1.8%. The ex-dividend date is Tuesday, August 8th. The stock of TJX Companies Inc (NYSE: TJX ) has "Positive" rating given on Friday, February 10 by Susquehanna.

Business Indian police arrest four after Game of Thrones leak
Author: 0 Indian police arrest four after Game of Thrones leak

Star India had confirmed the leak and initiated an investigation. Game of Thrones only has two more episodes left before leaving screens for another year and, according to one of the HBO show's stars, it's going to leave fans feeling very satisfied.

Business Oil prices dip on weak Chinese refining activity
Author: 0 Oil prices dip on weak Chinese refining activity

The current prices for today had dip entering this Monday, the Western Digital Intermediate oil for September delivery was down by a whopping 2.5% or a total decrease of $1.23 before settling to the $47.59 a barrel on the New York Mercantile Exchange.

Business NDP strikes commission to raise minimum wage to $15 by 2021
Author: 0 NDP strikes commission to raise minimum wage to $15 by 2021

Bains also says minimum wage provisions like the daily rate for live-in home support workers, camp leaders and monthly rates for resident care takers and peace rates for farm workers will increase on a proportional percentage basis. When asked why the commission was needed at all, Mr. Bains said it "will give us a road map". The Ontario government said it plans to raise its minimum wage to $14 this January and $15 in January, 2019.

Business Chick-fil-A Served a Rat Sandwich, Pennsylvania Woman's Lawsuit Claims
Author: 0 Chick-fil-A Served a Rat Sandwich, Pennsylvania Woman's Lawsuit Claims

Manfalouti's coworker, Cara Phelan, said that as soon as Manfalouti threw the sandwich onto the table, "I realized it was a small rodent of some sort". In the suit, Bucks County Court cited negligence in that restaurant officials 'failed to supervise employees who intentionally and/or knowingly served a sandwich to a customer with a dead rodent baked into the bun'.

Business N. Korea nerves push stocks down for third day
Author: 0 N. Korea nerves push stocks down for third day

They were at 2.201 per cent early this morning. Trump's threat earlier this week, to unleash "fire and fury" on Pyongyang if it attacked, was ultimately dismissed as bluster by many investors. The dollar has traded roughly between 108 yen and 115 yen in the past several months, and has support on technical charts at 108.13 yen, the low struck on April 17.

Business Biggest rise in rail fares for six years
Author: 0 Biggest rise in rail fares for six years

Director David Sidebottom said: " Commuters only give value for money on their railways a 50% satisfaction score - just a half, according to our latest survey . "We are investing in the biggest rail modernisation programme for over a century to improve services for passengers - providing faster and better trains with more seats".

Business Advanced Auto Parts announced Second Quarter Financial Results
Author: 0 Advanced Auto Parts announced Second Quarter Financial Results

Smith Jeffrey C bought $47.00 million worth of Advance Auto Parts, Inc . Renaissance Technologies LLC boosted its position in shares of SORL Auto Parts by 234.0% in the fourth quarter. During the latest trading session Advance Auto Parts, Inc . If you are reading this story on another publication, it was illegally stolen and reposted in violation of US and worldwide trademark & copyright law.

Business Go to the Movies Every Day for $9.95/Month With MoviePass
Author: 0 Go to the Movies Every Day for $9.95/Month With MoviePass

MoviePass recently lowered its subscription cost to $9.99 a month from $14.95 a month. On Tuesday, the monthly price for unlimited movies dropped to $9.95, roughly the same price as a Netflix subscription and less than the price of one movie ticket at most major theaters.

Business Britons jailed for sexually assaulting woman at Carlton Hotel
Author: 0 Britons jailed for sexually assaulting woman at Carlton Hotel

Prosecutors asked for a prison sentence of between five and seven years. The woman woke up while Le was on top of her, and lodged a police report later. They originally faced rape charges. The trio had travelled to Singapore to attend a stag do and music festival Ultra Singapore a year ago. He did not use a condom when he was sexually assaulting the woman, exposing her to "the risks of an unwanted pregnancy and contracting sexually transmitted disease (s)".

Business Magellan Midstream Partners LP (MMP) Shares Sold by FCM Investments TX
Author: 0 Magellan Midstream Partners LP (MMP) Shares Sold by FCM Investments TX

Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock. The company has a market capitalization of $4.73 billion, a P/E ratio of 21.64 and a beta of 1.17. Summit Midstream Partners, LP had its "neutral" rating reiterated by analysts at Citigroup. Yorkville Cap Management Ltd Liability Corp reported 1.29% of its portfolio in DCP Midstream LP (NYSE:DCP).

Business Buffett's Berkshire Hathaway sheds GE stock, adds stake in Synchrony
Author: 0 Buffett's Berkshire Hathaway sheds GE stock, adds stake in Synchrony

Berkshire Hathaway revealed those moves and several other changes to its USA stock portfolio in a filing with the Securities and Exchange Commission on Monday. Buffett made bigger news in prior quarters when he built huge positions in Apple and a number of airlines, including American, Delta and Southwest.

Business Costco owes Tiffany $19.4M for selling counterfeit diamond rings
Author: 0 Costco owes Tiffany $19.4M for selling counterfeit diamond rings

Nevertheless, the jury concluded the retailer had unlawfully taken advantage of the Tiffany brand to generate $3.7 million in profits over several years. Costco added that Tiffany & Co. did not claim through its lawsuit that it had lost any sales to Costco due to any sign. In addition to paying the damages, the wholesale club will be prohibited from labeling their products as "Tiffany" without using a modifier like "setting", "style" or "set".

Business TSX and NYSE stocks rally as North Korean fears wane
Author: 0 TSX and NYSE stocks rally as North Korean fears wane

The euro was at $1.1745-1749, down from $1.1807-1808, and at ¥129.59-60, compared with ¥129.57-64. Kim Jong Un, the leader of North Korea, said he would wait to see what the U.S. The UK's leading index was at a three-month low point, following fears about tensions between North Korea and the USA. However, the weak Chinese data hit oil prices, with Brent crude futures LCOc1 down 42 cents at $51.68 a barrel.

Business Wall Street stages biggest rally in almost 4 months
Author: 0 Wall Street stages biggest rally in almost 4 months

At 10:16 a.m. ET (1416 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 26.79 points, or 0.18 percent, at 15,093.12. In his latest warning to North Korea, U.S. In Europe, Britain's FTSE 100 was down 1.1 percent to 7,306, while France's CAC 40 fell 1.1 percent to 5,058. Though North Korea's Liberation Day celebration on Tuesday could raise the temperature again, markets were relieved that the weekend passed without more inflammatory rhetoric.

Business Air Berlin files for bankruptcy protection
Author: 0 Air Berlin files for bankruptcy protection

The Gulf-based company said the development was "extremely disappointing" especially as it had provided extensive support to Air Berlin over the last six years, notably with a €250m (£227m) cash injection in April this year. "We remain open to helping find a commercially viable solution for all parties", the Etihad statement said. Talks to merge Niki with TUI's German airline business broke down in June after Etihad, which owns almost 30% of Air Berlin, said it had failed to reach a deal on ...

Business Bill Gates Made his Biggest Donation in 17 Years
Author: 0 Bill Gates Made his Biggest Donation in 17 Years

The billionaire couple is famous for the charity work they do via the Bill & Melinda Gates Foundation. The shares were valued at $4.6 billion at the time. Representatives for Microsoft and the Gates Foundation did not respond to Observer requests for comment. Dropping Scrooge McDuck like change and protecting the world from malaria isn't the only thing Gates has been up to either, recently he caught the social media bug and joined Instagram .

Business Gates listed for charity $4.6 billion
Author: 0 Gates listed for charity $4.6 billion

According to data on June 6, the 61-year-old billionaire has donated United States dollars 4.6 billion of its shares. Microsoft co-founder Bill Gates joined popular photo sharing platform Instagram on Friday, choosing a series of photographs from a charity tour to Tanzania for his debut.

Business Amazon takes on the corner store with Instant Pickup
Author: 0 Amazon takes on the corner store with Instant Pickup

Geared toward college students, Instant Pickup enables consumers to retrieve items in two minutes or less at self-service pick-up lockers positioned conveniently on or near college campuses. Amazon hasn't detailed pricing information for the products available through Instant Pickup, but they would need to be competitively priced against convenience and drug stores for customers to use the service over going to another brick-and-mortar shop.

Business USA retail sales soar in July to 7-month high
Author: 0 USA retail sales soar in July to 7-month high

May's retail sales were also revised up to show no change instead of the previously reported 0.1 percent dip. The US dollar got a boost on Tuesday after data showed retail sales in the US held up well in July, while a measure of business activity among NY state's manufacturers rose at its fastest pace in three years.

Business USA retail sales soar in July to 7-month high
Author: 0 USA retail sales soar in July to 7-month high

May's retail sales were also revised up to show no change instead of the previously reported 0.1 percent dip. The US dollar got a boost on Tuesday after data showed retail sales in the US held up well in July, while a measure of business activity among NY state's manufacturers rose at its fastest pace in three years.

Business The Home Depot, Inc. Bottom Line Rises 9% In Q2
Author: 0 The Home Depot, Inc. Bottom Line Rises 9% In Q2

The combination of the above factors makes Home Depot an attractive pick for those seeking capital appreciation as well as for income investors. Citigroup Inc. Shares of Home Depot Inc ( NYSE HD ) opened at 154.26 on Tuesday. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S.

Business US stocks slip amid heightened US-North Korea tensions
Author: 0 US stocks slip amid heightened US-North Korea tensions

Bank Private Client Wealth Management. Economic data showed U.S. producer prices unexpectedly fell in July, recording their biggest drop in almost a year, while separate figures showed the number of Americans filing for unemployment benefits unexpectedly rose last week.

Business Bezeq acting chairman arrested in bribery probe
Author: 0 Bezeq acting chairman arrested in bribery probe

Granot could not immediately be contacted. Steinmetz and his alleged accomplices are being held for questioning under caution "on suspicion of money laundering , fraudulent filing of corporate documents, fraud and corporate breach of trust, obstruction of justice and bribery".