Business

Business EU asks Brazil to suspend meat shipments amid scandal
Author: 0 EU asks Brazil to suspend meat shipments amid scandal

The federal police and the Agriculture Ministry said in a joint-statement on Tuesday that the so-called Weak Flesh probe focuses on alleged corruption among specific public agents, and that wrongdoings 'don't represent a widespread malfunctioning of Brazil's inspection system.

Author: 0 Thousands of anti-Brexit activists join London march

Commons Leader David Lidington defended the plans, to be outlined on Thursday in a white paper on the Great Repeal Bill, which will convert European Union regulations into domestic law, crucially allowing them to be altered or removed after Brexit.

Author: 0 Westinghouse files for bankruptcy

The Chapter 11 bankruptcy filing allows Toshiba to limit exposure to future losses at Westinghouse. Toshiba shares closed down 2.1 percent. WE said while the filing would not impact operations because it had financing in place, it was unclear whether that pledge extended to future projects.

Business Analyst's Proposition on Church & Dwight Co., Inc. (CHD), McCormick & Company, Incorporated (MKC)
Author: 0 Analyst's Proposition on Church & Dwight Co., Inc. (CHD), McCormick & Company, Incorporated (MKC)

For the quarter ending May-17, 9 analysts have a mean sales target of 1,099.99 million whilst for the year ending Nov-17, 12 analysts have a mean target of 4,568.48 million. McCormick & Company, Incorporated has a 12 month low of $88.64 and a 12 month high of $107.84. The Manufacturers Life Insurance Company purchased a new position in McCormick & Company, during the third quarter worth $35,854,000.

Author: 0 Shore Capital Reiterates "Buy" Rating for Exova Group Plc (EXO)

About 60,582 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 32.52% since August 22, 2016 and is uptrending. It has outperformed by 4.87% the S&P500. Zacks Investment Research lowered shares of BT Group plc from a hold rating to a strong sell rating in a research note on Wednesday, February 22nd.

Business Trump signs resolution blocking 'blacklisting' rule
Author: 0 Trump signs resolution blocking 'blacklisting' rule

And according to the senator's report , over 300,000 workers have been "victims of wage-related labor violations working while working under federal contracts in the last decade". The Fair Pay and Safe Workplaces regulation was finalized in August but most of it was never implemented. Ben Brubeck, vice president of regulatory, labor and state affairs with Associated Builders and Contractors (ABC), said in a statement that the rule violated due process rights for contractors, "by forcing ...

Author: 0 Analysts At JP Morgan Maintained GlaxoSmithKline PLC (LON:GSK) As Neutral

To trade closer to tangible book value the bank is "likely to need significant capital return to start and revenue growth to pick up, without a consequent pick-up in credit losses", the note said. JP Morgan maintained the stock with "Neutral" rating in Thursday, January 19 report. BNP Paribas maintained the shares of KAZ in report on Wednesday, March 16 with "Underperform" rating.

Business Waze gets into the order-ahead business with Dunkin' Donuts
Author: 0 Waze gets into the order-ahead business with Dunkin' Donuts

Starting today, Waze users can order coffee, donuts and other items from Dunkin' Donuts. Orders are placed by searching for Dunkin' Donuts locations in Waze and following the steps to customize an order. Neither Waze nor Dunkin' Donuts would disclose the size of the increase. The DD Perks Rewards Program rewards guests nationwide with points toward free Dunkin' Donuts beverages for every visit they make at participating Dunkin' Donuts locations.

Business Regional governments urge solutions to Venezuela's crisis
Author: 0 Regional governments urge solutions to Venezuela's crisis

A senior State Department official said Tuesday that the US isn't seeking Venezuela's suspension from the group as recommended by OAS Secretary General Luis Almagro in a report detailing Maduro's repeated violations of the Inter-American Democratic Charter.

Business Injured Mark McMorris named in Canada Olympic team
Author: 0 Injured Mark McMorris named in Canada Olympic team

There isn't much info available other than it was a crash and not avalanche-related and that he was filming with his brother Craig , an extremely experienced backcountry athlete and X Games commentator. McMorris also won Olympic slopestyle bronze at the 2014 Winter Olympics while competing with a broken rib. "It's really unfortunate what happend to Mark", Parrot said during a news conference Tuesday.

Author: 0 Delta takes a swipe at United over leggings policy

The airline's policy does not allow "pass" travelers - a title given to United employees or their dependents who can fly for free on standby - to wear "form-fitting" spandex trousers or shirts, among other articles of clothing including flip-flips and mini-skirts.

Business Trump administration approves Keystone XL pipeline
Author: 0 Trump administration approves Keystone XL pipeline

Pipelines would carry the tar sands oil down through Montana, South Dakota, and Nebraska . The Keystone XL oil pipeline has been approved by the USA government, a full eight years and six months after Calgary-based TransCanada Corp. The company must still settle with landowners, gain state permits and face possible court challenges before building the northern leg of the pipeline and connecting it to the already completed southern leg linked to Gulf of Mexico refineries.

Author: 0 What is the Senate's 'nuclear option'?

U.S. Rep. John Katko doesn't have a vote, but he's speaking out in support of Supreme Court nominee Neil Gorsuch. The delay comes after Democrats in the Senate announced their opposition to the nominee. Sen. Patrick Leahy , D-Vt., a former Judiciary Committee chairman, told a Vermont news organization over the weekend that he would not filibuster Gorsuch, but planned to vote against the nominee for the seat.

Author: 0 Celtics Are Now The Top Seed In Eastern Conference

They're a really good team. I've never won a playoff series so a lot of these guys on this team don't know what it's like to win one, other than Al (Horford ) - and I think Avery (Bradley ) might have won one. It's looking good for the Celtics to finish atop the Eastern Conference, with five of Boston's eight remaining games will be played at the TD Garden.

Business Defense budget of Trump Considered Insufficient
Author: 0 Defense budget of Trump Considered Insufficient

All we know is that Trump proposes a $ 54 billion increase in base defense spending for 2018 that would be paid for with large spending reductions in domestic agencies such as the Environmental Protection Agency , the Departments of State, Agriculture, Labor, Education , and Health and Human Services, among others.

Author: 0 Abbott Laboratories (ABT) Shares Sold by Franklin Resources Inc

Silvercrest Asset Management Group LLC's holdings in Abbott Laboratories were worth $90,020,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company.

Business Lockheed Martin Has A Laser For The US Army
Author: 0 Lockheed Martin Has A Laser For The US Army

Lasers "hit targets at the speed of light, they cost nearly nothing per shot, and they have an nearly unlimited number of times they can be used", said Loren Thompson, chief operating officer of the nonprofit Lexington Institute, which receives funding from defense firms including Lockheed Martin and Boeing.

Business Naira to appreciate further as CBN boosts forex sale
Author: 0 Naira to appreciate further as CBN boosts forex sale

Nigeria left its benchmark interest rate unchanged for a fourth consecutive meeting to balance lifting the economy out of its worst slump in 25 years with fighting inflation that's at nearly double the government's target. He didn't say what the range was but said the exchange rate was looking "better than expected". S&P Global Ratings spared Nigeria a downgrade and affirmed its B assessment, five levels below investment grade, with a stable outlook on March 17.

Business CRRC Scores Another Large Rail-car Manufacturing Contract
Author: 0 CRRC Scores Another Large Rail-car Manufacturing Contract

There is more good news for CRRC , the China-based rail vehicle company that is building a manufacturing facility in Springfield. A Chinese company will help build new rail cars for the Metro Red and Purple Line, with some of the manufacturing expected to be done locally, Metro officials announced Thursday.

Business EC gives six more months to Congress to hold organisational polls
Author: 0 EC gives six more months to Congress to hold organisational polls

Earlier, the court had dismissed Swamy's plea, seeking documents related to the National Herald case against Congress president Sonia Gandhi and vice-president Rahul Gandhi along with other accused. Asked about organisational changes, party spokesperson Abhishek Singhvi told reporters that these were on the cards. I think you should be fair enough to give us all a chance to breathe....

Business Flexion Therapeutics Inc (FLXN) Stock Soars on Possible Sale to Sanofi
Author: 0 Flexion Therapeutics Inc (FLXN) Stock Soars on Possible Sale to Sanofi

Now the shares of Flexion Therapeutics, Inc . Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. They issued a "strong-buy" rating and a $35.00 price target on the stock. Flexion Therapeutics Inc (NASDAQ: FLXN ) shares are jumping over 40 percent on Thursday.

Author: 0 First Solar, Inc. (NASDAQ:FSLR) Down -0.66% in Pre-session Trade

Note, this compares with a consensus analyst forecast of -0.05 in earnings per share for its next fiscal quarterly report. (NASDAQ:FSLR) has been on a free fall - declining -17.47 percent in just three months. First Solar had a net margin of 14.72% and a return on equity of 9.58%. The organization is now holding a P/E ratio of *TBA with a forward P/E ratio of 24.63, indicating how cheap or expensive the share price is which in turn reveals the sentiments of the investors.

Business Virgin Atlantic predicts losses amid impact of Brexit-hit pound
Author: 0 Virgin Atlantic predicts losses amid impact of Brexit-hit pound

Alaska says Virgin America's blue lighting will remain and be expanded to the Alaska fleet, but it drew a sad note from Virgin Group founder Sir Richard Branson. Passengers will have the opportunity to experience Virgin Atlantic's Premium Economy product featuring a new Wander Wall for snacks and socializing as well as the aircraft's bar and fully flat-bed seats for Upper Class customers.

Author: 0 Vodafone's Indian telecom unit merges with local company

It intends to have 4G services in 20 circles by" March 2017. At present, Vodaphone is the second largest telecom operator in India, a slot behind Bharti Airtel. The new firm would have about 40 percent of revenue of the world's second-biggest mobile phone services market by users after China. The joint venture was said to have a combined value of $23.2 billion (21.57 billion euros), with the merger expected to be finalized within two years.

Business China's Li in Australia trade talks amid Trump fears
Author: 0 China's Li in Australia trade talks amid Trump fears

The deal which also promotes food safety and security is worth an estimated $400 million a year for Australia's meat industry. Premier Li and Prime Minister Malcolm Turnbull are statesmen united in opposition to a common foe: trade protectionism.

Author: 0 Hot Stocks to Track: Endeavour Silver Corp. (EXK), Century Aluminum Co. (CENX)

Finally, CIBC increased their target price on Endeavour Silver Corp from C$5.00 to C$5.50 in a research note on Friday, November 4th. Another critical number in evaluating a stock is P/E or Price to Earnings Ratio . The difference between the expected and actual EPS was $-0.05/share, which represents an Earnings surprise of -500%. 05/06/2015 - Endeavour Silver Corporation was upgraded to " by analysts at Pi Financial.

Author: 0 Freedom Caucus, Arnold Schwarzenegger, Obamacare, Oncor, solar power, Meals on Wheels

Speaking on ABC's "This Week", the NY senator says: "We never said it was flawless". "Opposition to government run health care has been a foundation of the Republican party for three or four generations now, so it is hard to see House Republicans walk away from efforts to protect the American people from this terrible law", said Michael Steel, former spokesman for ex-House Speaker John Boehner.

Business Darden (DRI) Tops Q3 Earnings, Lifts View for FY17, Stock Up
Author: 0 Darden (DRI) Tops Q3 Earnings, Lifts View for FY17, Stock Up

KeyCorp reiterated a "buy" rating and set a $80.00 target price on shares of Darden Restaurants in a research report on Monday, February 6th. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Business Hedge fund manager with Greenwich ties dies in NY
Author: 0 Hedge fund manager with Greenwich ties dies in NY

Following the scandal, Murphy tried to soften the blow by attempting to selling a $37 million dollar home he had purchased a year earlier, but he eventually found work with Paulson & Co. including the recapitalization of life insurer CNO Financial Group Inc., at which he was a director from 2009 through 2012. Rene-Thierry Magon De La Villehuchet, a French aristocrat, whose firm had lost $1.5 billion, also committed suicide in his Manhattan office in 2008.

Business LG is suing budget phone maker Blu over alleged patent infringement
Author: 0 LG is suing budget phone maker Blu over alleged patent infringement

LG claims BLU has violated five of its patents related to the LTE network. LG said BLU ignored four written warnings since a year ago. After pressing the charges on BLU, LG is also seeking a ban on BLU smartphones across the US. It filed the damages lawsuit with a DE court. On the other hand, it looks like BLU has not learnt any lesson from its past lawsuits and is still ignoring warnings.

Author: 0 SL Green Realty Corp (SLG) Stake Boosted by Comerica Bank

Realty Income Corporation (O) closed -3.76% below its 200-day moving average and is -1.21% below another chart threshold, its 50-day moving average. The total market capitalization remained at $9.65 billion. 08/25/2016 - BTIG Research began new coverage on Mack-Cali Realty Corporation giving the company a " rating. Analysts expect Income Opportunity Realty Investors Inc (NYSEMKT:IOT) to report $0.00 EPS on March, 29.

Author: 0 Stricter dress codes for employees' guests not uncommon among airlines

The airline says the girls were pass travelers, relatives or friends of United employees or other air carriers who receive the benefit of free or heavily discounted air travel. United Airlines spokesman Jonathan Guerin confirmed that two teens were not allowed on the flight. Those traveling with a "United pass" are company employees or family members of airline employees.

Author: 0 Elon Musk unveils "release candidate version" of the Model 3

Elon Musk has revealed his company Tesla 's latest world-changing innovation: a solar roof system so fully integrated into a home's architecture as to be indistinguishable from a traditional roof. In fact, its model S is the only auto to receive a 5 stars rating in safety features.The vehicle has been tested by the U.S. National Highway Traffic Safety Administration in 2013.

Author: 0 Gorsuch nomination will be held over by one week

On Monday , Senate Democrats on the Judiciary Committee were granted a one-week delay on the vote on Gorsuch's nomination. "On voice votes, you don't make much of a note of it and it's possible-I don't believe there was a lot of controversy surrounding it, but let me tell you he's moving from triple-A ball to the big leagues here".

Business No Injuries When Amtrak Derails While Arriving in Chicago
Author: 0 No Injuries When Amtrak Derails While Arriving in Chicago

The plan was canceled shortly before 11:30 a.m. "Most people stayed calm". There were 197 passengers on board and nine crew members at the time, officials said. Emergency officials were called to the scene but Amtrak said that was done as a precaution. It goes through Albany, through the Berkshires and into Boston before Cleveland, Toledo, Ohio, and South Bend, Ind.

Business Westminster attack victim killed on first holiday overseas
Author: 0 Westminster attack victim killed on first holiday overseas

This comes after an unarmed police officer was fatally stabbed in the attack. He was shot dead by police after he stormed the parliamentary estate on Wednesday afternoon. "So many people have been so kind, and we are deeply touched by their goodness and generosity", Melissa Cochran's brother, Clint Payne, said at a press conference today.

Business Fed raises interest rates as expected
Author: 0 Fed raises interest rates as expected

Average rates for 30-year mortgages rose this week to 4.29 percent, the highest level since January 2014, according to the Mortgage Bankers of America. As a result, the mortgage rates are expected to eventually rise too. The US Federal Reserve has raised interest rates as expected but all eyes are on the future as a slightly disappointed market reflects on what happens next.

Business Cuomo: Washington uncertainty could impact NY state budget
Author: 0 Cuomo: Washington uncertainty could impact NY state budget

New York Gov. Andrew Cuomo says state leaders could delay high-profile budget ideas such as free college tuition for middleclass students because of uncertainty in Washington. Cuomo had been the last holdout for the direct care funding and had not initially included it in his budget. This year's include legalizing ride hailing services like Uber and Lyft outside of New York City.

Author: 0 Uber resumes self-driving car program after brief suspension

In this Monday, Sept. 12, 2016, photo , a group of self-driving Uber vehicles position themselves to take journalists on rides during a media preview at Uber's Advanced Technologies Center in Pittsburgh. San Francisco-based Uber has been dented by a series of bad news stories, including disclosures about a culture of sexism, cut-throat workplace tactics and covert use of law enforcement-evading software.

Author: 0 Amazon to buy largest Mideast e-retailer Souq.com

That is why Amazon is interesting in it and wants to develop it with global resources and sophisticated e-commerce technology. (NASDAQ:AMZN) to reach millions of customers in the Middle East. Amazon hardly has a presence in the region, which boasts of over 50 million customers and yet, next to none of its retail spending is made online. He is leading a United States dollars 1 billion technology investment company formed with other regional investors, and raised USD 1 billion from investors ...

Business Consumer confidence reaches 16-year high
Author: 0 Consumer confidence reaches 16-year high

Its Consumer Sentiment Index hit 97.6 in March, up from 96.3 in February. Expectations for future economic conditions jumped 9.9 points to 113.8. "Consumers' assessment of current business and labor market conditions improved considerably".

Author: 0 Vodafone and Idea Cellular move to create largest mobile carrier in India

However the merger of the two companies' retail businesses will create the largest mobile operator in India, with 400 million customers and a market share of over 40%. The Vodafone-Idea merger is a counter to Jio. The appointment of a chief executive officer and a chief operating officer would require the approval of both companies, which would get the right to nominate three board members each.

Author: 0 Global markets have steadier tone after Wall Street recovery

The Dow Jones industrial average sank 45.74 points, or 0.2 percent, to 20,550.98, while the Nasdaq composite index rose 11.64, or 0.2 percent, to 5,840.37. "The markets around the globe are falling as a rethinking of the "Trump Trade" begins to focus on reality", Peter Cardillo, chief market economist at First Standard Financial in NY, wrote in a note.

Business Chelsea Market evacuated for massive roof fire
Author: 0 Chelsea Market evacuated for massive roof fire

Hundreds of evacuated people are standing on the street, and it's unknown whether anyone has been seriously injured. "I was at an Italian pasta place in Chelsea Market when the alarm started blaring", Squires said. People were let back into the building within an hour. "The safety of our visitors and tenants is our greatest concern". She said the market was working with the FDNY to make sure the situation "remains under control".

Business New 12-sided British pound coin enters circulation
Author: 0 New 12-sided British pound coin enters circulation

Over the next few months a total of 1.5 billion of the new £1 coins will be released, and then the old coin will be officially retired on October 16 (you'll still be able to bank any leftover round pounds, but shops and machines will stop accepting them).