Business

Business GameStop Stock Tumbling as Sales Dip, Stores Close
Author: 0 GameStop Stock Tumbling as Sales Dip, Stores Close

The Texas-based company said fiscal fourth-quarter global sales decreased 13.6 percent to $3.05 billion, while consolidated comparable sales - a metric monitored closely for retail companies by Wall Street - declined 16.3 percent, falling in line with analysts' estimates, according to FactSet.

Business Indians Killed In New Jersey? Mother, Son Found Dead At Home
Author: 0 Indians Killed In New Jersey? Mother, Son Found Dead At Home

According to information available so far, Sasikala had picked up her son from school in the afternoon and returned home. Both Sasikala and Hanumantha Rao were software professionals, and the former worked from home. The MLA claimed that initial information revealed that the mother-son duo was strangulated to death. There have been a spate of incidents involving the death of Indians hailing from Andhra and Telangana in the recent past.

Business Kildare commuters to be hit by all-out bus strike from midnight
Author: 0 Kildare commuters to be hit by all-out bus strike from midnight

Rail services have also been affected as rail workers won't cross the picket lines manned by about 35 Bus Eireann drivers at Ceannt station in the city. Unions are in dispute with the company over cuts to pay, the casualisation of work and the threat of job losses at the company. Unions had consistently promised that if the company pushed ahead with the controversial measures without their agreement, up to 2,400 staff would go on an all out strike.

Business Flipkart is reportedly acquiring eBay's India business
Author: 0 Flipkart is reportedly acquiring eBay's India business

In a bid to turn a profit in the intensely competitive market, which is dominated by homegrown Flipkart and USA internet giant Amazon, Snapdeal said last month that it would lay off 600 employees and its founders would forego their salaries.

Business Amtrak Acela Derails, Scrapes NJ Transit Train at Penn Station
Author: 0 Amtrak Acela Derails, Scrapes NJ Transit Train at Penn Station

There are no known injuries. It happened around 9 a.m. On Twitter, Mayor Bill de Blasio said, "Thankfully we're hearing there were no serious injuries at Penn Station after derailment of an Amtrak train". MTA officials said there was no impact to Long Island Rail Road trains. Travelers in the station at the time of the incident seem to indicate that there was a collision that occurred with an NJ Transit train.

Business Micron Shares Jump As Demand For Memory Chips Leads To Earnings Beat
Author: 0 Micron Shares Jump As Demand For Memory Chips Leads To Earnings Beat

Several equities analysts have recently commented on MU shares. Nomura upped their price objective on shares of Micron Technology from $23.00 to $25.00 and gave the stock a buy rating in a research report on Wednesday, November 30th. Micron Technology (NASDAQ:MU) has insider ownership of 0.69% and institutional ownership of 81.43%. The firm's revenue for the quarter was up 58.4% compared to the same quarter previous year.

Business Robert Iger will remain Disney CEO into 2019
Author: 0 Robert Iger will remain Disney CEO into 2019

A number of other institutional investors have also made changes to their positions in DIS. Lombard Odier Transatlantic Limited Partnership boosted its position in shares of Walt Disney by 71.4% in the third quarter. The Walt Disney Company is an entertainment company. Some have suggested that Disney board member and Facebook COO Sheryl Sandberg could end up as Disney CEO.

Business Ofcom plans automatic payout for loss of broadband
Author: 0 Ofcom plans automatic payout for loss of broadband

Similarly, a customer would be entitled to £10 a day of compensation if their service has not been fixed within two days. Ofcom estimated the plans would result in up to 2.6 million customers receiving up to £185m in new compensation payments each year.

Author: 0 Saudi Cuts Crude Exports to the US

Eleven non-OPEC oil producers that joined a global deal to reduce output to boost prices delivered 64% of promised cuts in February, an industry source said last Friday. The OPEC's cut has been nowhere near on smashing the record of USA crude inventories, but as of late, U.S. crude inventories loses as much as 10% since March 7, as investors shy away from the positive outlook for oil.

Author: 0 Stock to Track: Zosano Pharma Corp (NASDAQ:ZSAN)

To see the ratio analysis, the debt to equity ratio appeared as 2.80 for seeing its liquidity position. 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 USA fines Experian $3 mln for deceiving customers about its credit scores
Author: 0 USA fines Experian $3 mln for deceiving customers about its credit scores

Costa Mesa credit bureau Experian will pay a $3-million fine to settle a federal regulator's claims that the firm sold credit scores that were of little or no use to consumers. Additionally, Experian was accused of violating the Fair Credit Reporting Act, which entitles everyone to one free credit report every 12 months, by running advertisements through the Annual Credit Report website.

Author: 0 What Are Analysts Suggestions On Union Pacific Corporation (UNP)

Generally speaking, earnings are expected to grow in coming quarters. A Union Pacific Railroad Co. auto rack rail vehicle sits at the Port of Charleston in Charleston, South Carolina, U.S., on Tuesday, Oct. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.28%. The stock of Canadian Pacific Railway Limited (USA) (NYSE:CP) earned "Outperform" rating by Credit Suisse on Friday, February 19.

Business What Analysts Are Saying About Nike After Earnings
Author: 0 What Analysts Are Saying About Nike After Earnings

Despite facing tough competitive conditions and overall weak demand in the market, the company has managed to stand its own and produce strong results this time around. FBR lowered its price target to $53 from $55. The firm also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. This represents a $0.72 annualized dividend and a yield of 1.34%.

Author: 0 Stocks Alert: United States Steel Corp. (X), Oracle Corporation (ORCL)

The share price is now down -28.08% for the past three months. In addition to this ABR, street experts release their price targets . There was a stock increase by 0 percent. The firm's market cap is $6.50 billion. The Company also operates blast furnaces and electric arc furnaces. In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.69 on the shares of Regions Financial Corp (NYSE:RF).

Business Germany Markit mftg March PMI flash 58.3 vs 56.5 exp
Author: 0 Germany Markit mftg March PMI flash 58.3 vs 56.5 exp

Meanwhile, the services PMI is forecast to fall to 56.1 from 56.4. The European single currency traded firmly higher Friday after a stronger-than-expected reading of economic activity around the region underscored an ongoing recovery and improving price dynamics.

Business Payless Could File Bankruptcy in a Matter of Days
Author: 0 Payless Could File Bankruptcy in a Matter of Days

Payless's bankruptcy would add to a tumultuous year in retail, with several bankruptcies and hundreds of store closings - even at companies that aren't distressed. Sears Holdings, the company that operates Sears and Kmart stores, warned Tuesday it faces "substantial doubt" about its ability to stay in business unless it can borrow more and get cash from more of its assets.

Author: 0 Airline Trolls Electronics Ban With Hilarious List Of Things To Do

The rules apply to flights on Royal Jordanian, which tweeted Monday about the restrictions. Royal Jordanian air flies from Jordan, a Muslim-majority country, to New York, Chicago and Detroit. Britain announced similar restrictions. While Middle Eastern airlines grapple with carry-on bans for laptops on flights to the United States and Britain, one carrier is encouraging passengers to do the unthinkable: actually talk to each other.

Author: 0 Stocks slip on Trump policies and gold rallies

Sterling GBP=D4 fell to the day's low of $1.2424 before recovering ground to trade little changed against the dollar, after four people were killed and at least 20 injured in London when a auto ploughed into pedestrians and an attacker stabbed a policeman close to the British parliament.

Business BJP-led coalition will crumble soon: Shiv Sena
Author: 0 BJP-led coalition will crumble soon: Shiv Sena

Shiv Sena has predicted that the BJP government of Goa state will fall very soon as it is based on corrupt speculations. At least three senior BJP ministers confirmed to The Indian Express the developments. In order to address the grievances of the farmers, the chief minister has set up a committee of BJP and Sena ministers and secretaries of various departments that will look into the loan waiver demand of the Opposition.

Business China-backed bank approves 13 new members
Author: 0 China-backed bank approves 13 new members

Countries such as Belgium, Canada, Ethiopia, Hungary, Ireland, and Sudan also joined the organization, while Venezuela and Peru are the only Latin American countries in AIIB. "I am very proud that AIIB now has members from nearly every continent, and we anticipate further applications this year", he said. The creation of the AIIB was proposed by Chinese President Xi Jinping in October 2013.

Author: 0 Emirates, Royal Jordanian & Turkish Air Respond to the Laptop Ban

Passengers can do things like "say hello to the person next to you", or "meditate". But Royal Jordanian Airlines, one of the nine airlines operating out of 10 airports impacted by the US ban, is taking a more cheerful spin. Travel to the U.S. since you can. "We kindly inform our passengers departing to and arriving from the United States that carrying any electronic or electrical device onboard the flight cabins is strictly prohibited", the airline announced.

Business Police seize $91 million worth of Lionel Messi-branded cocaine in Peru
Author: 0 Police seize $91 million worth of Lionel Messi-branded cocaine in Peru

Other packages in the haul featured a likeness of the King of Spain, further continuing the weird connection to the Iberian nation where Messi plies his club soccer trade. Twitter user @barcastuff_real said police in Peru had seized 1,417 kilograms of cocaine worth €85 million. Dirandro officials said they believe cartels from Mexico operate in their country and use their distribution networks to send the drugs to Europe and the United States.

Business Laptop ban: What it's going to cost you
Author: 0 Laptop ban: What it's going to cost you

U.S. government has imposed a ban on all big gadgets being flown into the country from the airports in Amman ( Jordan ), Cairo (Egypt), Istanbul (Turkey), Jeddah and Riyadh (Saudi Arabia), Kuwait, Doha (Qatar), Dubai and Abu Dhabi. "There may be a rise in fares, especially of business class". According to Emirates, all carry-on bags will be thoroughly searched by security personnel prior to boarding non-stop flights to the US.

Business Bharti to acquire Tikona's 4G unit for Rs 1600 cr
Author: 0 Bharti to acquire Tikona's 4G unit for Rs 1600 cr

Tikona now has 20 MHz spectrum in the 2,300 MHz band in Gujarat, UP (East), UP (West), Rajasthan and Himachal Pradesh circles. "So, it's just a spectrum-driven acquisition", said the telecom expert. The company had bought these for Rs 1,058 crore during the 2010 auction, reported mint . (Mumbai: BHARTIARTL) flagged plans to acquire smaller rival Telenor India, the Tikona deal will give it 20MHz of 2.3GHz spectrum in the five circles (service areas) of Gujarat, Uttar Pradesh (East), Uttar ...

Author: 0 Haribo to build $242 million plant in Pleasant Prairie

In making this announcement, Wisconsin Gov. Scott Walker said that the new facility will generate as many as 400 jobs. "The decision to build a manufacturing facility in Wisconsin is of great importance for the HARIBO Group", says Hans Guido Riegel, Managing Partner of the HARIBO Group.

Business USA to recommend approval of Keystone XL pipeline
Author: 0 USA to recommend approval of Keystone XL pipeline

The multi-billion dollar Keystone pipeline would bring more than 800,000 barrels-per-day of heavy crude from Canada's oil sands to USA refineries and ports along the Gulf of Mexico, via an existing pipeline network in Nebraska. Instead, Tom Shannon, a career diplomat serving as undersecretary of state for political affairs, will sign off, officials said. Environmental groups and grassroots citizens have long opposed the pipeline, painting it as a symbol of the threat of climate change.

Business NASCAR suspends crew chiefs for Brad Keselowski, Kevin Harvick
Author: 0 NASCAR suspends crew chiefs for Brad Keselowski, Kevin Harvick

His Penske Racing Ford failed the minimum weight and height measurements. To lose a guy like that, it definitely hurts. The win has been a long time coming for Newman as it had been 127 races since he had visited a victory lane. The lack of movement for Keselowski this year is a product of NASCAR's new stage format, which awards more points to drivers than the points format did in 2016.

Business Govt accused of not doing enough amid Brazilian meat scare
Author: 0 Govt accused of not doing enough amid Brazilian meat scare

But the Ministry of Agriculture, Food and Rural Affairs here lifted the suspension the next day, saying that none of the imported chicken from Brazil was processed at the 21 factories owned by BRF S.A. "The CFS will continue to liaise with the Brazilian authorities to obtain more details for further assessment and follow-up actions", a spokesman said.

Business New idea shakes up dinosaur family tree for T. Rex and pals
Author: 0 New idea shakes up dinosaur family tree for T. Rex and pals

The paper also suggests also suggests dinosaurs may have originated in the Northern Hemisphere, rather than in the Southern supercontinent of Gondwana. Matthew Baron of the University of Cambridge and lead author of the study, said in a statement Wednesday: "When we started our analysis, we puzzled as to why some ancient ornithischians appeared anatomically similar to theropods.

Business Why People Are Freaking Out About Virgin America Disappearing
Author: 0 Why People Are Freaking Out About Virgin America Disappearing

But, they said, the combined airline would adopt the popular "brand elements" of Virgin, such as the entertainment offerings, lighting and atmosphere. However, Alaska will upgrade elite frequent flyers to unsold first class seats for free, something Virgin America has not done. It's also making permanent free movies and TV episodes available on streaming to passenger's devices and starting in August seat-back screens will have the same free content.

Business Dunkin' Donuts Is Discontinuing the Coffee Coolatta
Author: 0 Dunkin' Donuts Is Discontinuing the Coffee Coolatta

Say goodbye to the coffee Coolatta as the frozen beverage will soon be off the menu at all Dunkin Donuts locations. The Coffee Coolatta is basically an uber-decadent dessert. Introduced in 1994, Dunkin's more mocha-flavored coffee Coolatta will be retired when the new frozen coffee debuts. To that effect, the chain started serving cold brew coffee last summer and is now serving nitro cold brew in five locations with plans to roll it out in more stores soon.

Author: 0 ROA of Vodafone Group Plc (VOD) stands at 0

Glencore PLC is an integrated producer and marketer of commodities, such as metals and minerals, energy products, agricultural products and Corporate and other. Paypoint plc has a 1-year low of GBX 700.00 and a 1-year high of GBX 1,176.51. The company was maintained on Friday, November 27 by Beaufort Securities.

Business State pension age must rise again, says report
Author: 0 State pension age must rise again, says report

John Cridland was appointed to review the state pension age and has recommended it should rise from 67 to 68 by 2039, seven years earlier than now timetabled. If adopted the change would affect people who are now under forty years of age. "Many people believed the review may recommend more flexible access to the state pension at a reduced rate but this is not being taken forward at this point".

Business After London Terror Attack, Messages Of Solidarity With Victims
Author: 0 After London Terror Attack, Messages Of Solidarity With Victims

Paris Mayor Anne Hidalgo, whose city has suffered deadly extremist attacks in recent years, announced that the tower would turn off its twinkling lights at midnight. An attacker plowed through pedestrians in a bustling tourist area outside Parliament before fatally stabbing a police officer. Communities around the world have shown solidarity with those affected by Wednesday's Westminster terror attack through a series of poignant gestures.

Business Bebe Stores exploring options amid Q2 loss
Author: 0 Bebe Stores exploring options amid Q2 loss

The store used to have a location at the Riverchase Galleria in Hoover which closed years ago. The shares fell as much as 31 percent to $4.42 after Bloomberg reported on the plan. That was the biggest intraday decline since May 2016. Net loss for the quarter was nearly flat with last year's loss of $5.5m, although gross margin edged up by 40 basis points to 34.4% from 34%, mainly due to a reduction in markdowns and promotions.

Business Electric Flights Are Coming: Engineers Unveil a 150-Seat Battery-Powered Plane
Author: 0 Electric Flights Are Coming: Engineers Unveil a 150-Seat Battery-Powered Plane

Wright Electric's goal, detailed in a presentation given to potential investors on Tuesday, is to make all short-haul flights electric-powered within the next 20 years, which would be about 30% of all flights made globally. Batteries would be charged separately, he said, meaning planes would not have to sit on the tarmac while power is replenished. Electric planes could result in much cheaper travel due to absence of jet fuel, according to Wright Electric, a company which is backed by ...

Business Climate is changing for Old King Coal
Author: 0 Climate is changing for Old King Coal

The dramatic decline in new coal-fired units was overwhelmingly due to policy shifts in China and India and subsequent declining investment prospects, according to a report by Greenpeace , the US -based Sierra Club , and research network CoalSwarm .

Business Federal Bureau of Investigation prepares charges against North Korea over Bangladesh heist
Author: 0 Federal Bureau of Investigation prepares charges against North Korea over Bangladesh heist

A senior U.S. intelligence official appeared to confirm that North Korean computer hackers were behind a multi-million dollar heist targeting Bangladesh's central bank past year, according to The Foreign Policy. (NSA) deputy director Rick Ledgett appeared to say North Korea was the culprit during a cryptic exchange at a Washington forum. The report said the current cases being pursued might not include charges against North Korean officials, but was likely to implicate the country, as the ...

Business Next sees first profit drop since 2008
Author: 0 Next sees first profit drop since 2008

Next has released its annual financial results, reporting the first drop in annual profits for eight years and confirming predictions of a hard period for the fashion retailer. The high street chain also said its profits will drop again in the year ahead, giving a guidance of between £680m (a 14 per cent drop) and £780m (a two per cent drop).

Author: 0 Virgin America will disappear into Alaska Airlines in 2019

It all comes down to cost and consistency of branding: That's why Alaska Airlines announced today that it would retire the Virgin America name for the airline it acquired past year. despite the fact that the Virgin America livery will soon be grounded, Branson told of his certainty that the airline's legacy will continue to flourish.

Business Cheques to clear in one working day
Author: 0 Cheques to clear in one working day

A phased roll-out will begin with some banks and building societies in October, with cheque clearing time set to be reduced from six weekdays to next weekday. James Radford, chief executive of C&CCC, said: "These changes will put cheques firmly in the 21st century, delivering real and important benefits for the many individuals, charities and businesses that regularly use cheques".

Author: 0 Emirates claps back at electronics ban with cheeky in-flight entertainment ad

The Emirates staff will take the items to storage (possibly a locked container) in the cargo hold until arrival (which we imagine will be specially created to be secure). "Yes, this new security measure is disruptive and operationally challenging in several regards but I am optimistic we will get through this", he said in a statement.

Author: 0 Ergomed PLC's (ERGO) Buy Rating Reiterated at Numis Securities Ltd

Moreover, Van Den Berg Management I Inc has 2.43% invested in the company for 1.35 million shares. Johnson Matthey PLC LON:JMAT has a 50 day moving average of 3,127.73 GBX and a 200 day moving average of 3,215.46 GBX. James's Place plc in a research note on Thursday, January 26th. According to an update released by analysts at Panmure Gordon the broker has now set a "Hold" rating on shares of Standard Life PLC (LON:SL) with a price target of 364.

Business Winnebago Industries, Inc. (WGO) to Release Earnings on Wednesday
Author: 0 Winnebago Industries, Inc. (WGO) to Release Earnings on Wednesday

Finally, Quantbot Technologies LP raised its position in Winnebago Industries by 171.0% in the third quarter. Second-quarter earnings at Winnebago Industries released Wednesday show the company had a profit of more than $15 million. Also, Director William C. Fisher acquired 3,000 shares of the stock in a transaction that occurred on Tuesday, December 27th. The stock was acquired at an average cost of $31.30 per share, for a total transaction of $31,300.00.

Business Russian MP and Putin critic ASSASSINATED in the street
Author: 0 Russian MP and Putin critic ASSASSINATED in the street

His body was also injured in the attack. Voronenkov, 45, was a Communist Party deputy in the State Duma, Russia's lower house of parliament, from 2011 until elections in September 2016. Petrenko pointed out that the investigation has not yet received official information on Voronenkov's death. During the interview, he said that Russian Federation was in the grip of a "pseudo-patriotic frenzy" similar to Nazi Germany, and claimed that it was a "mistake" for Russian Federation to annex the ...

Author: 0 Royal Jordanian Airlines Says It's Banning Electronics From US-Bound Flights

It cited fresh "evaluated intelligence" that suggested terror groups continued to target commercial flights by "smuggling explosive devices in various consumer items". The move comes rapidly on the heels of the US Department of Homeland Security establishing rules that will see passengers travelling on airlines from eight nations banned from bringing laptops, iPads, Kindles and cameras aboard flights.