Business

Business Petroleo Brasileiro SA - Petrobras's (NYSE:PBR-A)
Author: 0 Petroleo Brasileiro SA - Petrobras's (NYSE:PBR-A)

The stock's market cap is $58.11 billion. Developed by J. Welles Wilder, ATR is an indicator that measures volatility. The RSI oscillates between zero and 100. There are advantages to using a moving average in your trading, as well options on what type of moving average to use. A moving average can help cut down the amount of "noise" on a price chart.

Author: 0 Nike -1.6% after posting in-line revenue growth for its Q3

Nike is starting to turn to markets elsewhere for sales growth. NKE revenues, however, while up 5% to $8.43 billion, managed to fall about $40 million short of estimates . After hitting a record high in 2015, Nike was the worst-performing stock in the Dow ($DJI) in 2016 and was down 18.67% versus the S&P 500's (SPX) 11.96% positive return.

Business Elected Officials Rally to Keep 'Fearless Girl' Statue on Wall Street
Author: 0 Elected Officials Rally to Keep 'Fearless Girl' Statue on Wall Street

The photos provided to Gothamist show two men with their faces covered, wearing Trump's trademark "Make America Great Again" hats, as they dress "Fearless Girl" with her own "MAGA" hat and an American flag. He contends the girl statue changes the significance of his piece from a positive symbol of Wall Street to that of a danger, as the bull looks as if it will take on the girl.

Author: 0 President Trump Bans Electronics During Flights From Some Middle Eastern Countries

Under the new "temporary" restrictions announced by the U.S. Department of Homeland Security, personal electronics larger than cellphones will be banned indefinitely in the cabins of certain flights to the U.S. U.S. authorities will no longer allow travelers from 13 African and Middle Eastern countries to bring computer and laptops into airplane cabins anymore, two news agencies have reported .

Business Analysts Offer Predictions for Tiffany & Co.'s FY2019 Earnings (TIF)
Author: 0 Analysts Offer Predictions for Tiffany & Co.'s FY2019 Earnings (TIF)

Tiffany & Co. shares rose by 3.1% during pre-market trading after the company reported a positive fourth quarter earnings report. Oppenheimer Holdings Inc. Tiffany & Co.'s dividend payout ratio (DPR) is presently 50.42%. In other news, insider Andrew W. Hart sold 1,367 shares of the stock in a transaction on Monday, January 30th.

Business AkzoNobel rejects second takeover bid by PPG Industries
Author: 0 AkzoNobel rejects second takeover bid by PPG Industries

Elliott said it had accumulated a stake of more than 3 percent of Akzo's shares. However, chairman Hans de Boer said the organisation was "concerned" about proposals to take over Akzo Nobel and an offer in February by Kraft Heinz for Unilever, which was also rejected.

Business Examining Lennar Corporation (NYSE:LEN)'s track record of earnings
Author: 0 Examining Lennar Corporation (NYSE:LEN)'s track record of earnings

The profit compared to first quarter net earnings of $144.1 million, or $0.63 per diluted share, which included a favorable $0.05 per diluted share impact due to a lower tax rate. Lennar Corporation (NYSE:LEN) soared 22.82% year-to-date. Lennar Corporation (LEN) closed 16.4% above its 200-day moving average and is 11.97% above another chart threshold, its 50-day moving average.

Business Trader's Roundup: Ford Motor Company (NYSE:F)
Author: 0 Trader's Roundup: Ford Motor Company (NYSE:F)

Patriot Financial Group Insurance Agency LLC purchased a new position in shares of Ford Motor Company (NYSE:F) during the fourth quarter, Holdings Channel reports. Analysts mean target price for ION Geophysical Corporation (NYSE:IO) is $8.00 while their mean recommendation is 2.00 (1=Buy, 5=sell). The latest Insider trade was made on 7 Mar 2017 where Jacoby Stefan Officer did a transaction type "Sell" in which 2435 shares were traded at a price of $37.11.

Business Uber president Jeff Jones resigns
Author: 0 Uber president Jeff Jones resigns

The pledge was made in a conference call held with some reporters covering the various incidents that have placed Uber in the headlines for the wrong reasons. "And I can no longer continue as president of the ride sharing business". Uber has also been hit with a series of executive departures in recent weeks, including its head of engineering Amit Singhal , vice president of product and growth Ed Baker and top security researcher Charlie Miller .

Business Kingfisher profit rises, chairman to retire
Author: 0 Kingfisher profit rises, chairman to retire

B&Q saw 35 store closures during the year, adding to the 30 closures made last year, bringing a completed downsize total of 65 stores over two years, resulting in a 15% estate reduction to 295 across the UK. Underlying pre-tax profit increased 14.7 per cent from £686m to £787m. The group said it had finished its B&Q store closure programme, which has seen it shut 65 shops and cut about 3,000 jobs in the United Kingdom and Ireland.

Business £300m taxi manufacturing plant opens in Coventry
Author: 0 £300m taxi manufacturing plant opens in Coventry

The investment, which has been delivered by LTC's Chinese parent company Geely, is being seen as a major vote of confidence in the UK's nascent EV sector. Back in 2013 London Taxis International was on its knees and looking for a new owner. LTC has affirmed that the new vehicles will undergo the "most stringent testing regime in the company's history", including nearly 311, 000 miles (500,000 kilometres) of driving and Arctic weather testing.

Business Vetr Inc. Downgrades NVIDIA Co. (NVDA) to Buy
Author: 0 Vetr Inc. Downgrades NVIDIA Co. (NVDA) to Buy

The EPS growth for the past five (5) years shows a value of 22.20%, whilst the EPS value for the next five (5) years shows a figure of 11.67%. Mascoma Wealth Management LLC acquired a new stake in NVIDIA during the fourth quarter valued at about $154,000.

Business Meghan Markle Wants You to Leave Her Freckles Alone
Author: 0 Meghan Markle Wants You to Leave Her Freckles Alone

Which is why today, Markle celebrates not only her skin tone, but her freckles as well - a trait that she says she tries not to cover up. It wasn't until she enrolled at Northwestern University and took an African-American studies class that she even learned about the concept of colorism that ended up playing such a major role in her early Hollywood years.

Author: 0 Xenia Hotels & Resorts Inc

The company's outstanding shares are 450.44 Million. The acquisition was disclosed in a legal filing with the SEC, which is available through this link . Royal Bank of Canada restated a "hold" rating and set a $20.00 price objective on shares of Host Hotels and Resorts in a research report on Friday, February 24th.

Business Beware! SBI to shut down 47% of its branches
Author: 0 Beware! SBI to shut down 47% of its branches

The board meeting will also finalise issuance of equity shares to the shareholders of three of its listed subsidiaries, which will be merged with it along with two other unlisted associates, from April 1, the filing said. India's largest lender has a loan exposure of more than Rs 46,000 crore to its women customers, the statement said. As per reports, the assets of State Bank of Mysore (SBM), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Patiala (SBP), State Bank of Travancore (SBT) ...

Business North Korea Missile Launch Fails, US and South Korea Say
Author: 0 North Korea Missile Launch Fails, US and South Korea Say

The US military has begun to install the Terminal High Altitude Area Defence system in South Korea, despite Chinese opposition. Pyongyang also has stepped up its nuclear-weapons program despite global condemnation and punishing economic sanctions aimed at getting it to stop.

Business Slump In Financials Sends Wall St. Lower
Author: 0 Slump In Financials Sends Wall St. Lower

The S&P 500 closed down 1.2 percent on Tuesday after 161 days without a daily drop of more than 1 percent at any point. The S&P 500 and Dow Jones industrials lost more than 1 percent, marking their worst one-day percentage declines since before Trump's election victory in November.

Business Andrew Puzder to step down as CEO of Carl's Jr. parent
Author: 0 Andrew Puzder to step down as CEO of Carl's Jr. parent

In his most recent KFC role, Marker oversaw about 4,200 stores with more than $4.2 billion in sales. "I expressed my desire to have CKE plan for succession approximately a year ago", Puzder said in a statement on Tuesday. Marker added, "I am honored to have been selected as CKE's next CEO". He recently was nominated by President-elect Donald Trump to be the United States Secretary of Labor but withdrew from consideration in February when the necessary votes to confirm him looked unlikely to ...

Business Airbnb takes new name in China
Author: 0 Airbnb takes new name in China

But it's now stepping up efforts to appeal to China's growing ranks of young people with money to spend on travel. Brian Chesky, co-founder of Airbnb, said during his visit to China yesterday the company would expand into the Chinese market through the new localized name, media reported today.

Business UNHCR condemns refugee deaths off Yemen, calls for inquiry
Author: 0 UNHCR condemns refugee deaths off Yemen, calls for inquiry

The identification of the Qasef-1 as a possible Iranian drone variant comes nearly two months after Houthi forces used an explosive drone boat to attack a Saudi frigate. Yemen fell into civil war in 2014 after Houthi rebels overran capital Sanaa and other parts of Yemen, forcing members of the country's internationally-recognized government to temporarily flee to Saudi Arabia.

Business Greek police confiscate 8 packages with explosives
Author: 0 Greek police confiscate 8 packages with explosives

The Berlin package was intended for German Finance Minister Wolfgang Schaeuble, and was discovered a day before he was due to host his new United States counterpart, Steven Mnuchin. A security source said they were "addressed to officials at economic institutions and companies" at various European countries but would not be more specific.

Author: 0 Electronic devices banned on US-bound flights from 8 countries

The eight countries whose airports (10 in total) will be impacted by this new rule include Egypt, Jordan, Kuwait, Morocco, Qatar, Saudi Arabia, Turkey and the United Arab Emirates, according to The Washington Post . The new directive has its origins in a 2014 request by the Homeland Security Department to step up security on flights to the United States, requiring tougher screening of mobile phones and other electronics, requiring them to be powered up before boarding.

Author: 0 TSA, DHS Will Bar Electronic Devices On Some Overseas Flights

The New York Times reports the Department of Homeland Security already uses preclearance techniques at many airports, including Abu Dhabi, before passengers can board flights, confusing experts as to why a ban is necessary. An additional 8 overseas carriers will also be affected: Turkish Airlines , Pegasus Airways , Atlas-Global Airlines, Middle East Airlines , Egypt Air , Royal Jordanian , Tunis Air and Saudia .

Business Six from New Jersey on Forbes billionaires list
Author: 0 Six from New Jersey on Forbes billionaires list

Graeme Hart, 61, is the world's 133rd richest billionaire and New Zealand's richest person. He has a fortune of $86 billion, up from $75 billion past year. The main contributor - nearly 40 percent - to Trump's wealth is "a handful of buildings in midtown Manhattan in New York City", despite having diversified his business interests in the country and outside, including office towers, private golf clubs and luxury hotels.

Business National Basketball Association to play two exhibition games in China
Author: 0 National Basketball Association to play two exhibition games in China

The exhibition games, the plans for which The Chronicle reported in January, will be held in Shenzhen and Shanghai in October and will feature two teams with ties to China. This season, a total of 7 Timberwolves games are airing on China's television network CCTV and 25 games will stream for free through Chinese media company Tencent.

Author: 0 United Kingdom set to follow USA with electronics ban on Middle Eastern flights

DHS spokeswoman Gillian Christensen said the government "did not target specific nations". While early reports suggested that this was a 96-hour ban, it now looks like the airlines will have 96 hours to comply with this order. borders, after its bid to curb travel from a group of Muslim majority nations was twice blocked by the courts. The policy does not affect any American carriers because none fly directly to the United States from the airports, officials said.

Author: 0 U.S. to ban some airline passengers from carrying larger electronics

The latest US Travel-related ban came to light via statements released by Royal Jordanian Airlines and the official news agency of Saudi Arabia, and is said to be indefinite and will come into effect just before Wednesday's meeting of the US-led coalition against the Islamic State group in Washington .

Business Trump drops 220 spots on Forbes list of billionaires
Author: 0 Trump drops 220 spots on Forbes list of billionaires

According to Forbes , Trump gave $66 million to his presidential campaign and spent another $25 million to settle a lawsuit stemming from Trump University . While Trump's net worth slipped, more people were qualifying for the list. The average billionaire saw his or her wealth grow by 16% since last year's Billionaires list; Trump's fell by 22% over that same time period.

Business UK Inflation Overshoots Central Bank Target
Author: 0 UK Inflation Overshoots Central Bank Target

Last week's Monetary Policy Committee (MPC) meeting yielded little insight on any future rates moves - with statements suggesting interest rates are as likely to go down as up. "Inflation has been rising across a range of countries recently - including the United States and members of the Eurozone - as higher energy and food prices feed through to consumers".

Author: 0 Healthcare Realty Trust Inc

The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $108.81. VNO has been the subject of several research analyst reports. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Let's take a look at how the stock has been performing recently.

Business CBN intervention forcing Naira to N415/$ exchange rate - ABCON
Author: 0 CBN intervention forcing Naira to N415/$ exchange rate - ABCON

The CBN governor called for speedy implementation of the plan with clear timelines and deliverables. " The (Monetary Policy Committee) MPC appears to have resisted pressure from the fiscal authorities for what might have been a premature easing of policy ", said Razia Khan, chief economist Africa at Standard Chartered Bank.

Business Court grants Yakubu N300m bail after four days in prison
Author: 0 Court grants Yakubu N300m bail after four days in prison

The case has been adjourned till May 9 for commencement of trial. Yakubu was charged by the Economic and Financial Crimes Commission ( EFCC ) after he admitted owning over $9.8 million cash wich was found in a house that belonged to him in Kaduna State.

Business Costco enters grocery delivery service game
Author: 0 Costco enters grocery delivery service game

Shipt and Costco are planning to launch a grocery delivery service for customers in the Tampa, Florida, metro area with the possibility of future expansion. "We've enjoyed partnering with Shipt thus far and look forward to this expansion", Perez continued. But the Alabama-based Shipt expects to almost double its capacity to 50 markets and over 30 million households by the end of the year, the company said in a statement , announcing the partnership on Tuesday, March 21.

Author: 0 Trump to Capitol in last-ditch lobbying for health care bill

At the rally, Trump suggested he wasn't wedded to the current version of bill. Speaking before a packed audience Monday, the President didn't once respond to FBI Director James Comey, who spent the day testifying about Russia's meddling in the 2016 election and confirming , for the first time publicly, that there is an investigation into the connections between Trump associates and Russian operatives.

Author: 0 Decoding Idea-Vodafone merger

The agreement also stipulates that the promoters of Idea will have the sole right to appoint the chairman while Vodafone will have the right to appoint the CFO of the firm. Vodafone has challenged the tax claim in an Indian court. Current market leader Bharti Airtel has a 33% market share and recent market upstart Reliance Jio Infocomm, part of Reliance Industries, has quickly seized 13%.

Business Pound surges after inflation breaches Bank of England's target — FX Focus
Author: 0 Pound surges after inflation breaches Bank of England's target — FX Focus

Rising factory gate prices will sustain "pipeline" pressures on inflation , which is likely to see the headline rate increase further during 2017. That's pulling BOE policy makers in two directions, as they fret about controlling the rate of price increases without hurting the economy as it faces into years of Brexit-related uncertainty.

Business Britain's Johnson says Jeremy Fleming to head GCHQ spy agency
Author: 0 Britain's Johnson says Jeremy Fleming to head GCHQ spy agency

The Foreign Secretary is also meeting senior U.S. officials including secretary of state Rex Tillerson. Asked Monday at a congressional hearing if the NSA would have asked its British counterparts to spy on Trump, NSA Director Mike Rogers flatly said no, saying it would violate an intelligence-sharing agreement with the British government.

Business Higher inflation's hidden, but hazardous, boost to Britain's economic recovery plans
Author: 0 Higher inflation's hidden, but hazardous, boost to Britain's economic recovery plans

While food prices are already shifting, other retail sectors may soon follow as rising costs increase pressure on margins. Rightly or wrongly, Mark Carney's nine-strong team has a single explicit target to hit: 2 per cent inflation. In addition, the contribution to inflation from motor fuel increased by 0.1 percentage points. With a complex Brexit negotiation not even begun and economic growth depending partly on the confidence of consumers, the Bank should not rush to judgment.

Business U.S. taxpayers may be on hook for protest costs
Author: 0 U.S. taxpayers may be on hook for protest costs

Standing Rock Sioux and Cheyenne River Sioux members continue to flail away at the project through the court system but with little to show for their efforts. Boasberg on Monday gave ETP and the Army Corps of Engineers until Tuesday to file their responses to the request. Government attorneys didn't immediately respond to a request for comment Monday.

Author: 0 Airlines notified about new electronics ban on certain US-bound flights

On Tuesday, the U.S. Department of Homeland Security announced that it is indefinitely banning U.S. -bound travelers from eight countries from bringing electronics on board, except their cell phones. No U.S. -based airlines have nonstop flights from airports in those cities to the United States. The nine airlines affected by the USA ban were notified of the procedures by the Transportation Security Administration today and must comply within 96 hours .

Author: 0 Britain joins U.S. in banning laptops on flights

Senior U.S. administration officials said Monday evening that nine foreign air carriers would have until Saturday morning to implement the new rule or risk losing their license to operate in the United States. The US ban affects flights from 10 airports in mainly Muslim-majority countries including Kuwait, Qatar, Morocco and the United Arab Emirates. It added: "These new measures apply to flights into the United Kingdom and we are not now advising against flying to and from those ...

Author: 0 Manipur: CM N Biren Singh clears floor test with 33 MLAs

PTI adds: There was no division of votes in the exercises which saw the lone TMC MLA also supporting the Nongthombam Biren Singh Government. On March 12, a list of 33 MLAs was submitted by BJP to the Governor of the state, Najma Heptullah along with a letter a support from the regional parties.

Business Ontario police arrest suspect in death of 7-year-old boy
Author: 0 Ontario police arrest suspect in death of 7-year-old boy

The boy was rushed to hospital and later died the next day. Justin Kuijer should be considered armed and unsafe. The man fled the scene in what is believed to be a 2009 Pontiac Montana minivan, licence plate BYTE 392. "We don't know his whereabouts", he said. As the polite young gentleman he was, he never missed an opportunity to open a door, give a gift or come to the defence of a good friend.

Business UP will emerge as PM Modi's state of dreams: Adityanath
Author: 0 UP will emerge as PM Modi's state of dreams: Adityanath

In what could be Adityanath's last speech in Parliament, as he is constitutionally obliged to vacate his seat and win an Assembly seat within the next six months, he vowed that the new Uttar Pradesh government will work for the development of all people and communities.

Business Pound RISES as cost of living hits three-year high
Author: 0 Pound RISES as cost of living hits three-year high

United Kingdom inflation increased to 2.3% in February over the previous year, according to the Office for National Statistics. The one Monetary Policy Committee member (out of nine) who voted to raise the bank's base rate at its most recent meeting, Kristin Forbes, is stepping down , so a majority in favour of the first rise in nine years is unlikely to materialise any time soon.

Business FedEx earnings: $2.35 per share vs. estimate of $2.62 a share
Author: 0 FedEx earnings: $2.35 per share vs. estimate of $2.62 a share

There is no concrete way to calculate a price target. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. The firm had revenue of $14.90 billion for the quarter. A moving average can help cut down the amount of "noise" on a price chart. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

Business Trump, critic of Obama's golfing, regularly hits the links
Author: 0 Trump, critic of Obama's golfing, regularly hits the links

When ABC News White House reporter Jonathan Karl got within earshot of President Donald Trump on Monday afternoon in the Oval Office, he asked if the president believed he was wrong to allege that his predecessor wiretapped him. When the question arose again later in the day, after the president had departed the course, she could not confirm it at that time either. It is unclear whether he played.