Business

Author: 0 Starbucks Corporation (SBUX) recently sold by insider Burrows Clifford

About 6.26 million shares traded or 46.88% up from the average. Discovery Communications, Inc. (NASDAQ:DISCK) has risen 0.32% since February 6, 2017 and is uptrending. Amalgamated Bank has 0.02% invested in The Timken Company (NYSE:TKR) for 13,170 shares. Comm Retail Bank holds 0.1% or 123,128 shares. Since September 7, 2017, it had 0 insider purchases, and 3 sales for $13.98 million activity.

Business Procter & Gamble to cease operations at 113-year-old KCK plant
Author: 0 Procter & Gamble to cease operations at 113-year-old KCK plant

Some of the plant's present employees will have the option to follow Harley to Pennsylvania, where those jobs are being relocated. The company reportedly told workers at a Kansas City, Kan ., dish-soap factory that the plant, which employs about 280, will close by the end of 2020.

Business Aam Aadmi Party alleges Manohar Parrikar government behind Goa mining lease renewal
Author: 0 Aam Aadmi Party alleges Manohar Parrikar government behind Goa mining lease renewal

The Opposition in Goa on Wednesday demanded the resignation of Chief Minister Manohar Parrikar , holding him entirely responsible for the cancellation of 88 renewed mining leases in the State by the apex court. The decision was taken only to augment the revenues of the State which is outside the purview of Section 8 (3) of the Mines and Minerals (Development and Regulation) Act.

Business The Newest: Ex-Uber CEO noticed Google founder as a 'brother'
Author: 0 The Newest: Ex-Uber CEO noticed Google founder as a 'brother'

Kalanick, who served as Uber's CEO from 2010 until mid-2017, also admitted that he met with Anthony Levandowski , a top Waymo engineer, in 2015. SAN FRANCISCO-In highly-anticipated testimony wrapping up the second day of trial, former Uber CEO Travis Kalanick confirmed that Uber's primary competitor in self-driving cars is indeed Waymo.

Author: 0 Tesla targets 2500 Model 3s a week while posting largest quarterly loss

The company had originally planned to drive from Los Angeles to NY in a self-driving Model S or Model X during 2017. The company sold 28,425 of those vehicles in the fourth quarter. The Tesla earnings report comes one day after Musk's other company, SpaceX, successfully launched the massive Falcon Heavy rocket. Last fall, Musk just revealed a semi truck slated for production in the near future and a new ultra-luxury Roadster.

Business Tronc to sell Los Angeles Times in $500mn deal
Author: 0 Tronc to sell Los Angeles Times in $500mn deal

The Los Angeles Times said Soon-Shiong was also in talks to buy the tronc-owned San Diego Union-Tribune. Reporters at the Times that Tronc and Soon-Shiong are "working furiously to complete the transaction" and plan to make an announcement soon.

Business Chipotle Announces Enhanced Benefits For Employees From Tax Savings
Author: 0 Chipotle Announces Enhanced Benefits For Employees From Tax Savings

Chipotle Mexican Grill Inc . has $850 highest and $23 lowest target. The stock increased 4.32% or $4.29 during the last trading session, reaching $103.67. CA acquired a new stake in Chipotle Mexican Grill in the third quarter valued at $54,272,000. Argent Trust owns 12,736 shares. Weatherford Intl Plc (NYSE:WFT) was reduced too.

Business Analyst Buzz: General Motors Company (GM)
Author: 0 Analyst Buzz: General Motors Company (GM)

Finally, Vetr upgraded shares of General Motors from a "hold" rating to a "buy" rating and set a $43.99 target price on the stock in a report on Monday, November 6th. The Michigan-based Cranbrook Wealth Management Ltd Liability Corp has invested 0.06% in Ford Motor Company (NYSE:F). The institutional investor held 387,183 shares of the computer manufacturing company at the end of 2017Q3, valued at $59.67M, down from 392,383 at the end of the previous reported quarter.

Business What Are Analysts Suggestions On Wells Fargo & Company
Author: 0 What Are Analysts Suggestions On Wells Fargo & Company

While many of its peers are giving up on Wells Fargo , Bank of America Merrill Lynch still recommends the embattled bank. Rowland & Company Investment Counsel bought 66,443 shares as the company's stock declined 14.12% while stock markets rallied.

Business Southwest Flight Slides On Runway At BWI
Author: 0 Southwest Flight Slides On Runway At BWI

The Baltimore-Washington International Airport in Maryland has confirmed that passengers were being transported from the outbound aircraft, writing that the plane "stopped on the taxiway pavement". The passengers are being deplaned and bussed to the terminal. "The customers onboard the flight will be accommodated on a different aircraft and are scheduled to arrive in Montego Bay approximately three hours behind schedule", Southwest said in a statement.

Business Revenue Estimates of the Stock: Rio Tinto plc (RIO), Dominion Resources, Inc
Author: 0 Revenue Estimates of the Stock: Rio Tinto plc (RIO), Dominion Resources, Inc

Looking further at additional technical indicators we can see that the 14-day Commodity Channel Index (CCI) for Rio Tinto Ltd (RIO.AX) is sitting at 2.78. The company has a current ratio of 1.71, a quick ratio of 1.34 and a debt-to-equity ratio of 0.31. The third largest holder is Goldman Sachs Group Inc, which now holds $328.47 million worth of this stock and that ownership represents almost 0.32% of its market capitalization.

Business FTSE drops 3% as global sell-off expands into Europe
Author: 0 FTSE drops 3% as global sell-off expands into Europe

For long-term investors this slip in the markets should make little difference, and there is unlikely to be any prolonged selling. 'We're always concerned when the market loses any value, but we're also confident in the economy's fundamentals, ' an official stated yesterday.

Author: 0 A Few Clear Signs for Vipshop Holdings Limited (VIPS)

Wall Street analysts expect Vipshop Holdings Ltd - (NYSE: VIPS ) to report earnings of $0.21 per share for the current fiscal quarter, according to Zacks . The firm earned "Buy" rating on Wednesday, January 10 by Nomura. Daiwa Capital Markets upgraded shares of Vipshop from a "hold" rating to a "buy" rating in a research note on Monday, December 18th.

Author: 0 Goodyear Tire & Rubber (GT) to Release Quarterly Earnings on Thursday

About 6.96 million shares traded or 42.93% up from the average. The stock has returned 1.52% since the starting of the year when viewing the starting price as compared to the ending price. The C-Score assists investors in assessing the likelihood of a company cheating in the books. Purplebricks Group plc engages in estate agency business in the United Kingdom and Australia.

Business BlackRock warns of risk as inverse volatility products sink
Author: 0 BlackRock warns of risk as inverse volatility products sink

As European markets sank on Tuesday, the region's equivalent to the VIX - the VSTOXX - followed suit with its biggest one-day surge since the September 11 attacks in 2001. Rumors of the death of the short-volatility funds have been greatly exaggerated. The repercussions have been severe for some funds. BlackRock Inc., the world's biggest asset manager, called for regulation that would clearly spell out the risks associated with inverse and leveraged exchange-traded products after the ...

Author: 0 Wall Street bounces back but City is hit by £50bn fall

Australia's main index S&P/ASX 200 rallied 1.1 percent, closing at 5,897.10. Japan's Nikkei rose 2.9 percent, and Hong Kong's Hang Seng Index rose 2.68 percent. At 3:25pm Tuesday (7:25am Wednesday AEDT), the Dow Jones Industrial Average was up 1.86 per cent, at 24,798.64, the S&P 500 had gained 1.08 per cent to 2,677.53 and the Nasdaq Composite had risen 1.84 per cent to 7,095.87.

Business Google to buy Chelsea Market building for over $2 bln
Author: 0 Google to buy Chelsea Market building for over $2 bln

The 1.2 million-square-foot office-and-retail property at 75 Ninth Avenue houses a popular food hall and such tenants as Major League Baseball, the NY 1 news channel and the Food Network. The development would see Jamestown liquidate a significant portion of its assets; according to the company's own estimates published on its website, its portfolio has been valued at around $11.2 billion as of September 30, 2017.

Business 100 years on, the fight for true equality for all continues
Author: 0 100 years on, the fight for true equality for all continues

A decade later in 1928, The Equal Franchise Act enabled women to vote on equal terms with men. But Emmeline Pankhurst, who was then a member of the NUWSS, made a decision to employ more direct and militant tactics, leading her to set up the Women's Social and Political Union (WSPU) in 1906 with her two daughters, Sylvia and Christabel.

Business Walt Disney Co (DIS) Shares Sold by NBT Bank NA NY
Author: 0 Walt Disney Co (DIS) Shares Sold by NBT Bank NA NY

Among 31 analysts covering Caterpillar Inc. The institutional investor held 5,444 shares of the consumer services company at the end of 2017Q3, valued at $783,000, up from 2,996 at the end of the previous reported quarter. Moreover, Bancorporation Of Mellon has 0% invested in Donegal Group Inc. Walt Disney Co .'s parks and resorts unit, which includes Disneyland Resort in Anaheim, reported double-digit increases in revenue and operating income which pushed the Burbank entertainment ...

Author: 0 Bridgeworth LLC Sells 20398 Shares of The Coca-Cola Co (KO)

About 8,711 shares traded. The Coca-Cola Company (KO ) closed the Monday at final price of $44.89 after traded 23261476 shares. It has underperformed by 16.70% the S&P500. With these types of results to display analysts, are more optimistic than before, leading 13 of analysts who cover The Coca-Cola Company ( NYSE :KO) advice their clients to include it in their buy candidate list.

Author: 0 Trading Center Update on Intermediate Capital Group Plc (ICP.L)

The stock has "Buy" rating by Drexel Hamilton on Friday, October 9. The firm has "Sell" rating given on Monday, December 14 by Investec. Jefferies maintained the stock with "Hold" rating in Wednesday, November 4 report. On Tuesday, June 13 the stock rating was maintained by HSBC with "Buy". The stock of Glencore Plc (LON:GLEN) has "Overweight" rating given on Friday, February 26 by JP Morgan.

Business Broadcom Ups Acquisition Offer, Tells Qualcomm Its 'Best And Final'
Author: 0 Broadcom Ups Acquisition Offer, Tells Qualcomm Its 'Best And Final'

Qualcomm's stock dropped 2 percent in premarket trading, while shares of Broadcom rose slightly. Having had its latest $103bn takeover bid rejected by Qualcomm towards the end of a year ago, Irvine-based Broadcom has made a final attempt to acquire the multinational semiconductor and telecommunications equipment manufacturer.

Business Regulators push for 'coordinated' approach to bitcoin trading
Author: 0 Regulators push for 'coordinated' approach to bitcoin trading

Testifying before Congress, Clayton said from a functional perspective, markets appeared healthy on Monday when both the S&P 500 and Dow Industrials indices slumped more than 4.0 percent. And as the leading cryptocurrency bitcoin dips below $7,000 today from a high of $18,000 last month, the whole market's stability is uncertain. When done properly, ICOs can give entrepreneurs the funding they need to launch a successful cryptocurrency project.

Author: 0 QUALCOMM (QCOM) Upgraded to "Buy" at ValuEngine

The institutional investor held 734,830 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $38.09 million, down from 752,547 at the end of the previous reported quarter. Since August 20, 2017, it had 0 insider purchases, and 6 sales for $3.16 million activity. 43,000 shares were sold by GROB MATTHEW S, worth $2.81 million on Tuesday, January 9.

Business Stock Market Is Set to Plunge Again At Open
Author: 0 Stock Market Is Set to Plunge Again At Open

An index of Latin American shares was also up about 1 per cent. The trading range for the VIX, or the Cboe Volatility Index , on Monday was 17 points, much wider than the 10-point range the day global markets were shaken by Britain's vote in June 2016 to leave the European Union.

Business Oil closes lower as stock market plunges, stronger dollar weighs
Author: 0 Oil closes lower as stock market plunges, stronger dollar weighs

Futures fell 2 per cent in NY yesterday. "Stock markets around the world are under pressure, which confirms that the steep price rise in the previous weeks was for the most part sentiment-driven". WTI for March delivery dropped 61 cents to $64.84 a barrel on the New York Mercantile Exchange. Brent for April settlement lost as much as 98 cents to $67.60 a barrel on the London-based ICE Futures Europe exchange.

Business The Five Highest Team Tackle Tallies In Six Nations History
Author: 0 The Five Highest Team Tackle Tallies In Six Nations History

And he hailed the whole side's belief in the final moments in Paris to serve up Sexton's drop-goal attempt on a plate. "They've got experienced players we've all played against and again it's going to be a very physical battle", the loose forward told a news conference on Monday.

Business Cape Town residents must brace for water tariff hikes
Author: 0 Cape Town residents must brace for water tariff hikes

The reservoir supplying Sao Paulo, Brazil's largest city and a metropolitan region of 20 million people, almost dried up in 2015, as the country faced its worst drought in 80 years, depriving many residents of water for 12 hours a day. "All Capetonians must, therefore, endeavour to use no more than 50 litres per person per day to help stretch our dwindling supplies through summer".

Business Dow Jones closes up more than 560 points
Author: 0 Dow Jones closes up more than 560 points

On Monday, bitcoin slid from around $11,500 to below $7,000, while the Dow Jones industrial average fell by a record 1,175 points. During Tuesday's trading, the Chinese Shanghai composite index plunged 3.35 percent, Japan's Nikkei closed nearly 5 percent down, key Western European indices fell nearly 2 percent; Russia's dollar-denominated RTS index was down 1.82 percent.

Author: 0 A Fresh Look At Marathon Oil Corporation (NYSE:MRO)

The company has market cap of $121.32 billion. The stock increased 0.04% or $0.03 during the last trading session, reaching $79.21. About 558,136 shares traded or 54.38% up from the average. 800 are held by Covington Cap Mgmt. New York State Teachers Retirement System reported 939,732 shares stake. Investors sentiment decreased to 0.58 in Q3 2017.

Business United States stocks fall most in six years, rout spreads globally
Author: 0 United States stocks fall most in six years, rout spreads globally

USA stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points , as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Japan's Nikkei 225 index based in Tokyo was down 4.7% when it closed Tuesday after a rollercoaster day. The S&P 500 posted 1 new 52-week highs and 38 new lows; the Nasdaq Composite recorded 17 new highs and 164 new lows.

Business Parks business shines in mixed Disney Q1 report
Author: 0 Parks business shines in mixed Disney Q1 report

About 335,051 shares traded. Walt Disney's dividend payout ratio is presently 29.58%. It has underperformed by 7.44% the S&P500. Therefore 52% are positive. 596 were reported by Legal General Group Public Ltd. Calamos Advsr Limited Com reported 927,697 shares or 0.71% of all its holdings. Gofen And Glossberg Ltd Llc Il holds 57,849 shares or 0.26% of its portfolio.

Business Dow Jones suffers worst single-day point loss in history
Author: 0 Dow Jones suffers worst single-day point loss in history

The index, which is comprised of 30 big-name US companies, was down 108 points, or 0.4 percent, to 24,237 as of 11:25 a.m. Other major stock indexes also fell Monday, with the S&P 500 down 113 points, or 4.1 percent, and the Nasdaq down 273 points, or 3.8 percent.

Business Asian markets dive as Wall Street sees worst decline
Author: 0 Asian markets dive as Wall Street sees worst decline

Craig Erlam, senior market analyst at OANDA, notes that the rally over the last couple of years has been "very strong and without any corrections of note". The FTSE 100 index of leading British shares was down 1.8 percent, while Germany's DAX was 1.9 percent lower - both indexes are higher than where they started the session.

Business EIA raises U.S. oil output growth forecast for 2018
Author: 0 EIA raises U.S. oil output growth forecast for 2018

While China's production is declining and is expected to further drop in the coming years, its consumption of petroleum and other liquid fuels last year was the world's largest for the ninth consecutive year, up by 3 percent to 13.2 million bpd, the EIA said .

Business Girl Scouts looking into cookie seller outside pot shop
Author: 0 Girl Scouts looking into cookie seller outside pot shop

The controversy started after dispensary Urbn Leaf posted a picture of the girl in full Girl Scout garb selling her wares just outside the business on Friday. He said he likes to support local fundraising efforts. "When we learn that a girl is in violation of a standard/guideline, we nearly always discover that the parent was unaware of the rules".

Business Union Budget is pro-poor and farmers: CM
Author: 0 Union Budget is pro-poor and farmers: CM

The government has also proposed setting up of an agricultural market fund of Rs 2,000 crore as well as launch Operation Green for which a sum of Rs 500 crore will be allocated. The practice of presenting financial budget was changed previous year. Still, India spends only about 1 percent of its GDP on public health, among the world's lowest, and the health ministry estimates such funding leads to "catastrophic" expenses that push 7 percent of the population into poverty each year.

Author: 0 How Does Shell Midstream Partners, LP (SHLX) Stack Up Right Now?

It has underperformed by 44.83% the S&P500. Wellington Shields Capital Management Llc decreased its stake in Pepsico Inc (PEP) by 25.84% based on its latest 2017Q3 regulatory filing with the SEC. In trying to determine the current valuation of American Midstream Partners, LP (NYSE:AMID) shares, we note that the Book to Market ratio of the shares stands at 0.678182.

Business Former Uber CEO set to testify in high-tech heist case
Author: 0 Former Uber CEO set to testify in high-tech heist case

Waymo lawyer Charles Verhoeven likens Uber and its former CEO, Travis Kalanick, to Rosie Ruiz, a runner who cheated to win the women's Boston Marathon in 1980. After what is expected to be two weeks of testimony, the jury will have to decide whether the eight apparent trade secrets were indeed such, and not common knowledge, and whether improperly acquired them, used them and benefited from them.

Author: 0 General Motors Company Earnings Preview: What To Expect From GM Stock

The Caxton Associates Lp holds 87,900 shares with $3.55M value, down from 250,000 last quarter. It also increased its holding in Brookfield Asset Management (NYSE:BAM) by 8,531 shares in the quarter, for a total of 524,191 shares, and has risen its stake in Delta Air Lines Inc.

Business US Trade Deficit Jumped by 12.1% in 2017
Author: 0 US Trade Deficit Jumped by 12.1% in 2017

The nation's trade deficit with the remainder of the world broadened to CAD 6.6 billion as the 4.9 percent rise in exports trailed the 6.8 percent rise in imports. The Trump administration believes a smaller trade deficit, together with deep tax cuts, could boost annual economic growth to 3 percent on a sustained basis.

Business Oil giant BP sees annual profits soar to £4.4bn
Author: 0 Oil giant BP sees annual profits soar to £4.4bn

BP is the latest oil major to benefit from climbing prices, with Tuesday's results marking one of the strongest years in the company's recent history. "We delivered operationally and financially, with very strong earnings in the downstream, upstream production up 12 percent, and our finances rebalanced".

Business Chris Grayling admits east coast rail line could be renationalised
Author: 0 Chris Grayling admits east coast rail line could be renationalised

Renationalising any part of the railway would be a huge symbolic embarrassment for the Tories given the party's fierce belief in privatisation. Virgin East Coast was originally expected to... The announcements from the transport secretary came nearly four weeks after he informed parliament that the DfT was preparing contingency plans for running services on the East Coast "in the event of the existing franchise failing".

Business Amazon Alexa's Star-Studded Super Bowl Commercial 2018
Author: 0 Amazon Alexa's Star-Studded Super Bowl Commercial 2018

But Amazon can also react "on-the-fly" to events where the word " Alexa " is broadcast unexpectedly - like a TV sketch. One can only imagine how many Alexa-powered speakers might be woken up when the ad plays during the big game and Amazon doesn't build these protections in.

Business Global stocks tumble as Wall Street braces for more losses
Author: 0 Global stocks tumble as Wall Street braces for more losses

In Saudi Arabia, the region's biggest economy, the Tadawul stock exchange slipped 1.5 per cent while Qatar's closed a little more than 2 per cent down. Hong Kong's Hang Seng composite index saw a mirror-image 4.77 per cent loss, with only six of its almost 500 constituent companies in the black. Taiwan's main index lost 50 percent, its biggest since in 2011 and Hong Kong's Hang Seng Index dropped 4.2 percent.