Business

Author: 0 Canadian REIT (REF.UN) Receives Market Perform Rating from BMO Capital Markets

It has underperformed by 12.65% the S&P500. BMO Capital Markets maintained Red Hat, Inc. (FL) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Canaccord Genuity maintained the stock with "Buy" rating in Friday, January 19 report. The firm has "Sector Perform" rating given on Wednesday, November 9 by Scotia Capital.

Business Gothamist is coming back to an internet near you!
Author: 0 Gothamist is coming back to an internet near you!

As part of the deal, two other public radio stations - KPCC in Southern California and WAMU in Washington - will take over LAist and DCist , respectively. Local, digital news is getting a boost from public radio. Ricketts owned the Gothamist Network for less than a year before he abruptly shuttered the network.

Business Sensex, Nifty End Up Around 1%
Author: 0 Sensex, Nifty End Up Around 1%

Indian shares rose sharply on Friday and the rupee recovered from three-month lows against the dollar after USA government debt yields fell from multiyear highs, helping ease investor worries over inflation and interest rates. London's FTSE 100 was off 0.2 percent at 7,234.96. In the Asian region, Japan's Nikkei was up 0.72 per cent, while Hong Kng's Hang Seng rose 0.97 per cent.

Business Futures Pointing To Initial Strength On Wall Street
Author: 0 Futures Pointing To Initial Strength On Wall Street

Suddenly, the specter of four-quarter-point rate hikes this year is rising. The release of Federal Reserve minutes first fuelled Wall Street gains, before flaming out as the market drew to a close on Wednesday sending stocks lower for the second straight session.

Business BT told to share poles for ultrafast fibre internet
Author: 0 BT told to share poles for ultrafast fibre internet

It said BT must make it easier for rivals to install fibre on its telegraph poles and in its underground tunnels. "Today's draft decisions confirm pro-investment measures set out by Ofcom in 2017", Ofcom explained. TalkTalk aims to cover three million premises to full fibre. These new requirements must be met by 2020/21. In a stock market update BT said: "Today's statement from Ofcom gives us certainty on the pricing of key products for the next three years".

Business Aer Lingus parent IAG confident on outlook but fourth quarter disappoints
Author: 0 Aer Lingus parent IAG confident on outlook but fourth quarter disappoints

On a reported basis, passenger revenue for the Group rose 1.6 percent versus the prior year, with 2.5 points of adverse currency, while capacity was increased 2.6 percent. IAG chief executive Willie Walsh said: "All our airlines performed extremely well with their best-ever individual financial results, strong operational performances and commitment to customer service".

Business Instant Pot 'multicooker' could overheat and melt
Author: 0 Instant Pot 'multicooker' could overheat and melt

Comments on the Facebook post from upset customers indicate the company knew about the melting problem prior to sharing it publicly. There is now no official recall for this product, but the company is asking customers to immediately stop use of the product if they own one of the five affected products and said it is working on coordinating replacements for those customers.

Business General Mills to Acquire Company Growing in Richmond
Author: 0 General Mills to Acquire Company Growing in Richmond

The acquisition announced Friday is the latest by a major food company seeking to expand in faster growing areas such as pet- and organic-food amid falling demand for established brands. He compared Blue Buffalo to the company's Haagen Dazs ice cream brand, saying it's a "premium brand in a big attractive category". "A lot of the technologies are the same as we use here", he said.

Business Symantec no longer offers discounts to NRA members
Author: 0 Symantec no longer offers discounts to NRA members

The rental auto company offered NRA members "up to 25 percent off everyday base rates at participating locations worldwide" as well as "additional program benefits". "This change will be effective March 26". The Visa card offered 5 percent back on gas and sporting goods store purchases and a $40 bonus card. It also noted Enterprise "offers members an unspecified discount".

Business KFC Apologizes For Running Out Of Chicken:
Author: 0 KFC Apologizes For Running Out Of Chicken: "It's Not Ideal"

At the worst point, more that 500 of the chain's almost 900 restaurants were closed. A spokesperson for the restaurant said: "We have yet to receive stock to our store and we do not know when we will re-open". In an update Monday, it listed nearly 300 stores as open, but did not say when the rest might join them. The news was seemingly just as surprising to customers, as it was to the company - how can KFC possibly run out of chicken? "Thank you for bearing with us", the ad said.

Business Peugeot reveals all-new 508 family vehicle
Author: 0 Peugeot reveals all-new 508 family vehicle

Managing Director for Peugeot Australia, Anouk Poelmann said that the completely redesigned 508 will continue Peugeot's product and brand led transformation in Australia, that already includes the new 3008 and 5008 models. An "Amplify" feature allows the driver to choose either "Boost" or "Relax" ambient lighting. Those options will change light intensity and screen color.

Business BB&T says 'technical issue' impacting online, ATM services
Author: 0 BB&T says 'technical issue' impacting online, ATM services

Many banking services at BB&T have been down since Thursday, a situation the company said it's working to fix as quickly as possible. The bank restored service by 11:30 Friday morning. We will work with clients who have incurred fees or experienced other challenges and continue to provide updates through our website and social media.

Business United States students protest, plan more walk-outs for gun control
Author: 0 United States students protest, plan more walk-outs for gun control

Rock Island student, Richard Roth said he hoped to spark change within the Quad Cities. "We know what we want". She maintained that a "deranged" person like Cruz should have never gotten a gun if everyone did what they were supposed to do and if "good guys with guns" were there to protect the students.

Author: 0 BT Group (BT) Stock Rating Upgraded by Deutsche Bank

Group plc operates a price and product comparison Website in the United Kingdom. The firm has a market cap of $1,510.00 and a PE ratio of 2,010.00. The firm operates through five divisions: Money, Insurance, Travel, Home Services, and MoneySavingExpert.com.

Author: 0 The Coca-Cola (KO) Earns Outperform Rating from Credit Suisse Group

First Commonwealth Financial Corporation (FCF) has risen 38.31% since February 21, 2017 and is uptrending. It has underperformed by 76.54% the S&P500. After $2.89 actual EPS reported by Amgen Inc. for the previous quarter, Wall Street now forecasts 10.73% EPS growth. Investors sentiment increased to 1.47 in 2017 Q3.

Business Historical Moment for Seema: Kia Motors FrameWork Installation
Author: 0 Historical Moment for Seema: Kia Motors FrameWork Installation

The company had signed an MoU with the Andhra government in April 2017 to build a manufacturing facility along with an ecosystem for ancillaries. "The SP Concept SUV has been designed and developed for the Indian market", Kia Motors Corporation President and CEO Han-Koo Park said then at the Auto Expo.

Business Price Target Overview of The Home Depot, Inc. (NYSE:HD)
Author: 0 Price Target Overview of The Home Depot, Inc. (NYSE:HD)

Last year, Home Depot benefited from assertive moves to boost relationships with professionals in the construction industry as well as do-it-yourselfers, and a strong housing market helped too. Therefore 27% are positive. In other news, EVP Matt Carey sold 41,396 shares of Home Depot stock in a transaction dated Friday, December 8th. On Wednesday, August 19 the stock rating was maintained by S&P Research with "Hold".

Business Phoenix in talks over $4 bln purchase of Standard Life Aberdeen unit
Author: 0 Phoenix in talks over $4 bln purchase of Standard Life Aberdeen unit

He was a key driver behind the £11bn Standard Life and Aberdeen Asset Management merger last summer and has chaired Standard Life since 2007. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has made a decision to exit the insurance market.

Business Enterprise Rent-A-Car to end discounts for NRA members
Author: 0 Enterprise Rent-A-Car to end discounts for NRA members

Authorities said Nikolas Cruz, the 19-year-old identified by police as the gunman in last week's shooting at Marjory Stoneman Douglas High School in Parkland, Florida, legally bought the AR-15 rifle he used to gun down 14 students and three teachers.

Business Royal Bank Scotland turns in first profit under state control
Author: 0 Royal Bank Scotland turns in first profit under state control

Laith Khalaf, senior analyst at Hargreaves Lansdown, commented: "RBS has broken its ten year duck and managed to squeeze out a profit in 2017, thanks in large part to a big fall in litigation and conduct costs". I have the conversations with our staff before I tell any media about that and I'm not changing this year. Earlier this week a stinging report into mistreatment of struggling small firms by RBS's now-defunct turnaround unit Global Restructuring Group (GRG) was published by MPs after ...

Business Chinese Regulator to Take Over Anbang Insurance
Author: 0 Chinese Regulator to Take Over Anbang Insurance

Overseas, Anbang's inability to sufficiently clarify its shareholding structure became a key obstacle, keeping it from moving forward with an offshore stock offering, getting an investment grade bond rating or getting approval from state regulators to buy USA insurer Fidelity & Guaranty Life.

Business Amazon to Open Six More Cashierless Amazon Go Stores
Author: 0 Amazon to Open Six More Cashierless Amazon Go Stores

The Retail Gazette has contacted Amazon's United Kingdom arm to confirm if one of those two potential Amazon Go stores could open on this side of the pond. For those unfamiliar, Amazon Go is Amazon's take on the supermarket of the future, where through the use of various scanners, sensors, and cameras, shoppers won't need to lineup and pay for their groceries like they normal do.

Business Trump Jr. ripped for 'liking' conspiracy theories on Parkland survivors
Author: 0 Trump Jr. ripped for 'liking' conspiracy theories on Parkland survivors

A conspiracy video appeared on YouTube that claimed one of the students from last week's Florida high school shooting is a " crisis actor ". And conspiracy videos have benefited from that infrastructure, helping to promote those false narratives to people who visit YouTube for news . YouTube eventually pulled down the video, and removed it from the "trending" page, although by that time it has already garnered hundreds of thousands of views.

Business Uber Will 'Invest Aggressively' To Compete Against Rivals In Southeast Asia
Author: 0 Uber Will 'Invest Aggressively' To Compete Against Rivals In Southeast Asia

Uber will invest aggressively in Southeast Asia, said its CEO Dara Khosrowshahi during a trip to the region. "Unless we invest now, we can not scale globally to the next 10-15 years". The Indian market, Khosrowshahi said, is demanding in terms of pricing and if Uber was to succeed here, it can shape products globally. "We can bring the same algorithims to work in different spaces such as moving things (logistics)".

Business Oil Prices Rise as Greenback Backs Off
Author: 0 Oil Prices Rise as Greenback Backs Off

US crude inventories had been forecast to rise 1.8 million barrels. WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange up by 2.88% to $62.81 per barrel. Meanwhile, U.S. crude exports jumped to more than 2 million barrels per day (bpd), close to the record 2.1 million bpd in October. Inventories of the fuel rose by 300,000 barrels, versus a 3.6-million-barrel build a week earlier.

Business Morgan Stanley Has Boosted Its Disney Walt Co (DIS) Stake
Author: 0 Morgan Stanley Has Boosted Its Disney Walt Co (DIS) Stake

The company had seen its current volume reaching at 1.27 million shares in the last trade. PG&E Corporation (NYSE:PCG) ended its day at 39.79 with the rising stream of -0.55% and its total traded volume was 6.7 million shares more than the average volume.

Business Barclays reveals big gender pay gaps across United Kingdom banking group
Author: 0 Barclays reveals big gender pay gaps across United Kingdom banking group

The number of men in the highest-paying quartile within the organization is nearly double, at 66.2%, than women, at 33.8%, while those figures are reversed for men and women in the lowest-paying quartile. For the previous year, Tesco's gender pay gap was narrowly better at 8.6%. This imbalance of seniority is reflected in Tesco pay quartiles. At the other end of the scale, when women are paid more than their male colleagues, Three Rivers council reports an hourly median average for women ...

Business Toys R Us Closing 200 More Stores
Author: 0 Toys R Us Closing 200 More Stores

The latest round of shutdowns would cut almost in half the number of USA stores Toys R Us had before the company filed for bankruptcy in September, according to the Journal. At some other locations, the company is combining its Toys "R" Us and Babies "R" Us stores. The retailer has said it wants to emerge from bankruptcy before the 2018 holiday season, according to USA Today .

Business Barrow Hanley Mewhinney & Strauss LLC Lowers Holdings in Chesapeake Energy Co. (CHK)
Author: 0 Barrow Hanley Mewhinney & Strauss LLC Lowers Holdings in Chesapeake Energy Co. (CHK)

It is not a solicitation to make any exchange in commodities, securities or other financial instruments. During the quarter, analysts expected that the company would generate revenue in the amount of $1.251 billion. This rejection sent the equity tumbling to a two-year low of $2.53 on February 9, with CHK last seen trading at $2.69 - down 3.1% so far today. That puts the market capitalization at $939.15 mln.

Business Bill Gates doesn't know how much Rice-A-Roni costs
Author: 0 Bill Gates doesn't know how much Rice-A-Roni costs

The multi-billionaire made an appearance on today's The Ellen Show , where he was challenged to a grocery store guessing game challenge. Gates had to guess the prices of five everyday items, with a little help from the studio audience, which seemed amused and surprised when he got some prices wrong, by a pretty wide margin.

Business Antero Midstream Partners LP
Author: 0 Antero Midstream Partners LP

Shares of Summit Midstream Partners, LP (SMLP ) changed at hands on unusually higher volume on Feb 16, 2018, as the stock is sinking -0.74% to end at $20.05. Condor Management has invested 0.09% in International Business Machines Corporation (NYSE:IBM). Citigroup Inc invested in 0.02% or 255,282 shares. Skyline Asset Management Lp, a Illinois-based fund reported 804,800 shares.

Business As Mortgage Rates Flatten, Markets Anticipate Federal Reserve Speeches
Author: 0 As Mortgage Rates Flatten, Markets Anticipate Federal Reserve Speeches

One of the Federal Reserve's newest policymakers on Thursday added his voice to the majority at the U.S. central bank calling for interest rate hikes amid rising business optimism and faster growth in the world's biggest economy. The minutes provide insights into the thinking of Fed officials and clues about the path of interest rates. If household and business spending raises demand but not the size of the workforce or labor productivity, the Fed might conclude inflation will rise ...

Business Nirav Modi Case: CBI Arrests Three More PNB Officials
Author: 0 Nirav Modi Case: CBI Arrests Three More PNB Officials

The three bank officials arrested on Monday were Bechhu Tiwari, a chief manager in charge of the foreign exchange department; Yashwant Joshi, a manager in the same department; and Praful Sawant, another bank officer, according to a source at the CBI.

Business National Margarita Day: Find the best drinks in Tampa Bay
Author: 0 National Margarita Day: Find the best drinks in Tampa Bay

There aren't many restaurants in the Fresno area that were offering discounts for National Margarita Day. Carlos said the restaurant is offering Margaritas for only $3.99, and that awesome Margarita tower (for 2) for only $16. The margarita has evolved from a classic on-the-rocks cocktail to be served frozen, super-sized in fish bowls and even turned into a "margarona" with the addition of an upside-down mini Corona bottle.

Business All signs point to more Fed rate hikes in 2018
Author: 0 All signs point to more Fed rate hikes in 2018

The Fed's policy committee voted in January to keep its benchmark federal-funds rate at a range between 1.25% and 1.5%. This market activity would not find its way into the transcript due to timing in a meaningful way. FOMC member projections on the so-called dot plot in December showed that they expected to raise interest rates three times this year. Concerns about it - and higher interest rates - helped plunge the stock market into a correction .

Business UAE says not seeing oil investments at right level yet
Author: 0 UAE says not seeing oil investments at right level yet

OPEC is closing in on its goal of reducing oil inventories held by industrialised nations to their five-year average, the original target of a supply-cutting pact with Russian Federation and others, figures from the group's head of research showed on Tuesday.

Business Nirav Modi loses Rolls Royce, MF Hussain in PNB scam raid
Author: 0 Nirav Modi loses Rolls Royce, MF Hussain in PNB scam raid

PNB revealed that fraudulent transactions by billionaire jeweller Nirav Modi and related entities amounted to $1.77 billion (or over Rs 11,000 crore). "We are looking at securing the proceeds of crime". The economic watchdog has further asked the Income Tax department for data on shell companies linked to the case.

Author: 0 Student walkouts held across region to protest gun violence

Although the school walkout was not planned, students expressed that they felt the support of their teachers and administrators. Florida lawmakers have rebuffed gun restrictions since the GOP took control of both the governor's office and the Legislature in 1999.

Business Senate Passes Budget Bill That Cuts 2 Percent From State Agencies
Author: 0 Senate Passes Budget Bill That Cuts 2 Percent From State Agencies

If passed, SB01 would allow liquor stores, drug stores, grocery stores and convenience stores to sell alcohol from noon to 8 p.m. The Senate Judiciary Committee approved the bill on a party-line vote, but because of the lost revenue, a second committee must review and approve it before the full Senate can vote.

Author: 0 The 5 players Ronaldo has told Real Madrid to sign in summer

However, the reigning European champions turned this Madrid derby around before half-time with Lucas Vazquez and Casemiro both on target. Real, like the rest of La Liga , have now played 24 games but have won five fewer than Barcelona , meaning they'll require a mighty collapse from the Blaugrana if they're to hold on to any hope of a successful title defence.

Business Barclays restores dividend as profits rise
Author: 0 Barclays restores dividend as profits rise

Barclays declared its intention to more than double dividend payouts in 2018 to 6.5p per share after lower costs helped lift profits a year ago - though they were still slightly short of analyst's forecasts. "While we still have a number of legacy conduct issues to address, I am confident in the capacity of this business to generate excess capital going forward, and it remains our intention over time to return a greater proportion of that excess capital to shareholders through dividends, and ...

Business EPF interest reduced by ten points to 8.55 %
Author: 0 EPF interest reduced by ten points to 8.55 %

As per the practice, the board's decision will now be vetted by the ministry after evaluating whether the EPFO would be able to provide the rate approved by trustees through its own income or not. "The government has once again backstabbed the common people and honest taxpayers of the country by reducing the interest rates in EPFO holders from 8.65% to 8.55 per cent...." "Government has made a decision to contribute 12 per cent of wages to new employees across all sectors in EPF", Jaitley ...

Business McDonald's is getting ready to make 'Rick and Morty' fans very happy
Author: 0 McDonald's is getting ready to make 'Rick and Morty' fans very happy

We hadn't heard any word on the sauce in a good few months until this week, when McDonald's took to a website called WeWantTheSauce.com to announce a three-part podcast in partnership with Gizmodo and Onion Labs , hosted by Catherine LeClaire, that will tell the entire story behind the way a cartoon show for adults made people get into fistfights over a fast-food condiment.

Author: 0 Today's Brokerage Rating: Xilinx, Inc. (XLNX), American Electric Power Company, Inc. (AEP)

Sns Financial Group Llc increased its stake in General Electric Co (GE) by 17951.5% based on its latest 2017Q3 regulatory filing with the SEC. The firm has "House Stock" rating by Shore Capital given on Monday, September 18. The stock has "Buy" rating by Peel Hunt on Thursday, February 9. Since August 22, 2017, it had 1 buy, and 0 insider sales for $43,446 activity. TISCH JAMES S bought $2.46M worth of stock.

Author: 0 Brokerage Overview of: Washington Real Estate Investment Trust (WRE)

Insiders have sold 116,250 shares of company stock valued at $14,717,370 in the last three months. About 575,957 shares traded. Champion Real Estate Investment Trust (CMPNF)'s Stochastic Momentum Index is diving lower and has passed the key level of -40, indicating possible oversold territory.

Author: 0 U.S. dollar hits one-week high as focus shifts to Fed

In the United Kingdom, the "hard" versus " soft " Brexit outcome will drive sentiment and Bank of England policy but yields are likely to rise either way, as the MPC believes that were the economy to follow the path expected in the November Inflation Report that further modest increases in Bank Rate would be warranted over the next few years in order to return inflation to the 2 per cent target.

Business Bank executive among six remanded in $1.8 billion Indian fraud probe
Author: 0 Bank executive among six remanded in $1.8 billion Indian fraud probe

The five others remanded today include Kavita Mankikar (the executive assistant and authorised signatory of three Nirav Modi group firms - Diamond R US, Stellar Diamond, Solar Exports), Arjun Patil (a senior executive from Firestar group), Rajesh Jindal (a former head of the PNB's Brady House branch in Mumbai ).

Business Budget charts a new course
Author: 0 Budget charts a new course

The investment represents the largest housing investment in B.C. history, according to the NDP. To cover the loss of revenue, the government will introduce a new payroll tax on January 1, 2019. The province will demand more information about beneficial property ownership in tax forms. Asked whether out-of-province owners of recreation properties in B.C.