Business

Author: 0 Xi meeting will not involve trade-off on Taiwan

That means that Trump will not try to build a warm rapport with Xi on the golf course as he did when Prime Minister Shinzo Abe of Japan visited Mar-a-Lago in February. During his first meeting with then president Barack Obama in November, Mr Trump was warned he may have to make an early decision on the use of force against North Korea, and Mr Trump has repeatedly and publicly indicated his openness to military action.

Business Constellation Brands Inc. (STZ) Is Surging On Strong Q4 Results
Author: 0 Constellation Brands Inc. (STZ) Is Surging On Strong Q4 Results

The No. 3 USA beer company forecast 2018 adjusted earnings of $7.70-$8 per share. In the fourth quarter, the net income attributable to CBI grew 86 percent to $452 million. The company's 50-day moving average is $160.21 and its 200 day moving average is $158.02. Looking ahead to the 2018 full year, the company has guided for earnings of $7.70 to $8, while Wall Street is expecting $7.51 per share.

Business Payless Closing Terre Haute Store
Author: 0 Payless Closing Terre Haute Store

Payless, which has two other stores in Waterbury and another in Torrington, is the latest retailer to succumb to increasing competition from online rivals like Amazon. Payless said it had reached an agreement with about two-thirds of its top lenders to cut its debt by 50 percent. Payless CEO Paul Jones said Wednesday the closures are a "difficult, but necessary decision" brought on by the ongoing challenges in the retail world.

Business 242 hedge funds sold their entire positions in CarMax Inc. (KMX)
Author: 0 242 hedge funds sold their entire positions in CarMax Inc. (KMX)

Credit Suisse Group AG set a $75.00 target price on CarMax and gave the stock a "buy" rating in a report on Sunday, December 25th. There may be various price targets for a stock. The analysts offering Earnings Estimates for the company were believing that CarMax Inc . (KMX) has a trading volume of 5.02 Million shares, with an average trading volume of 3.29 Million shares - with shares dropping to a 52 week low of $45.06 on Jun 27, 2016, and the company's shares hitting a 52 week high on ...

Author: 0 This tiny electric jet startup thinks it can reinvent regional air travel

Given many carriers now favour larger aircraft that offer lower unit costs over small regional jets, Zunum said its aircraft would fill a "vast regional transport gap", with the potential to reduce travel times in busy corridors by as much as 40 percent, and by 80 percent in areas with less traffic.

Business Paratek Pharmaceuticals Inc (PRTK) Sets New 12-Month High on Analyst Upgrade
Author: 0 Paratek Pharmaceuticals Inc (PRTK) Sets New 12-Month High on Analyst Upgrade

Wedbush reissued an outperform rating and issued a $30.00 price target on shares of Paratek Pharmaceuticals in a report on Monday. 04/04/2017 - Paratek Pharmaceuticals, Inc . The shares were sold at an average price of $15.09, for a total transaction of $46,869.54. The Insider Ownership of the company now is 1.1 percent, and Institutional Ownership is 74.4 percent.

Author: 0 Crude price climbs to four-week high

Iraq joined a deal late previous year by OPEC and non-OPEC members to lower production for six months by 1.8 million barrels a day in order to prop up global oil prices. Buzzard produces about 180,000 barrels per day. Iraq , the second-largest producer in OPEC, said it would cut 200,000 bpd. At the FT conference, many senior oil trading executives argued that USA crude inventories, which have risen since the start of the year as domestic production rebounds towards 9m barrels a day, were ...

Business Barrick Gold Corp (ABX) Lowered to Buy at Vetr Inc
Author: 0 Barrick Gold Corp (ABX) Lowered to Buy at Vetr Inc

Outlined as the total market value of all unsettled shares of the company, the current market cap for the Barrick Gold Corporation (NYSE:ABX) Gold is valued at 23102.91. Institutional investors and hedge funds own 58.61% of the company's stock. Sales growth in the quarter for Barrick Gold Corporation Gold NYSE shows a value of 3.60% with Outstanding shares of 1187.2.

Business Rates seen on hold as housing heats up
Author: 0 Rates seen on hold as housing heats up

The Reserve Bank of Australia is not likely to move on rates this year, as it waits for the results of new regulatory measures to cool the housing market while also hoping for economic growth to continue. "In aggregate, households are coping reasonably well with the higher debt levels". Growth in rents is the slowest for two decades. Data this week showed continued softness in retail sales .

Author: 0 Las Vegas Sands Corp. (LVS) closed its previous trading session at $56.67

Citigroup Inc reaffirmed a buy rating on shares of Las Vegas Sands Corp .in a research report on Wednesday, November 30th. Moreover, Metropolitan Life Insurance has 0.01% invested in Las Vegas Sands Corp . ( LVS ) in which Goldman Sachs Initiates Coverage On Las Vegas Sands Corp . As per the PR, record date is 2017-03-23, the payment date is 2017-03-31, and the ex-dividend date is 2017-03-21.

Business Kona Payless ShoeSource store to close
Author: 0 Kona Payless ShoeSource store to close

Two other Waterbury locations, and one in Torrington, will remain open. The store closures still leave the company with about 4,000 retail outlets in more than 40 countries, mostly in regions with a larger population base. Payless plans to reduce its debt by nearly 50 percent, lower how much it pays in interest and line up funds. In fact, Moody's Investor Service said earlier this year that the number of "distressed" retailers -those with cash problems and lots of debt that are facing ...

Business Plug Power's stock rockets after Amazon supply deal
Author: 0 Plug Power's stock rockets after Amazon supply deal

They now have a Dollars 2.5 price target on the stock. The stock rights involved mean Amazon could become Plug Power's biggest shareholder sometime this year, according to the Times Union. The company had revenue of $32.60 million for the quarter, compared to analyst estimates of $32.54 million. That means that Amazon could become Plug Power's largest shareholder sometime this year, although the company is now in the process of selling an additional $75 million in stock.

Business Take another stab at health care reform
Author: 0 Take another stab at health care reform

Tom Perriello's (D-Va.) support for the Affordable Care Act in 2010 despite the dire risk it posed to his reelection was both noble and honest. She also asked her members for ideas to improve the Affordable Care Act. When almost half of all pregnancies are unplanned , according to the Guttmacher Institute, this makes the need for quality - and affordable - prenatal and maternity care so essential.

Business PayPal Holdings, Inc. (PYPL)
Author: 0 PayPal Holdings, Inc. (PYPL)

Finally, Berenberg Bank assumed coverage on Paypal Holdings in a report on Tuesday, January 10th. They set a "buy" rating and a $51.00 price objective for the company. & worldwide trademark & copyright legislation. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of USA and global copyright & trademark legislation.

Business ECB's Draghi Sees No Cause to Change Policy Direction
Author: 0 ECB's Draghi Sees No Cause to Change Policy Direction

Indeed, ECB President Mario Draghi and Chief Economist Peter Praet both suggested on Thursday that the bank will stick to its well telegraphed policy path, including for bond buying and record-low rates, for some time to come, as they are not yet convinced the euro zone economy is back to rude health.

Business What Are Analysts' Recommendations for Whiting Petroleum?
Author: 0 What Are Analysts' Recommendations for Whiting Petroleum?

It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. If faced, it would be a 22.97% jump from its current position. The company reported revenue of $440.44 Million in the same period a year ago. The Moving Average SMA50 is -10.91% while SMA200 is -4.22%. The stock was trading on below-average volume.

Business Cable giant Comcast offers cellular plans on Verizon network
Author: 0 Cable giant Comcast offers cellular plans on Verizon network

I'll let the wireless experts weigh on the pros and cons of Comcast's plan, but at first glance it seems like it makes sense for its customers. When there's no wifi available, the phones would connect to Verizon's wireless network - part of a wholesale deal that Comcast and other large cable operators struck with the telco a few years ago.

Business Hot Stock Overview: Bed Bath & Beyond Inc. (BBBY)
Author: 0 Hot Stock Overview: Bed Bath & Beyond Inc. (BBBY)

A number of brokerages have recently issued reports on BBBY. Cleveland Research downgraded shares of Bed Bath & Beyond from a "neutral" rating to an "underperform" rating in a research note on Tuesday, December 20th. Net sales for fiscal 2016 were approximately $12.2 billion, an increase of approximately 0.9% from net sales of approximately $12.1 billion in fiscal 2015.

Business Japanese retailer Seven & i to buy Sunoco assets for $3.3 billion
Author: 0 Japanese retailer Seven & i to buy Sunoco assets for $3.3 billion

Seven & i, the world's largest convenience store operator, has about 19,400 7-Eleven stores in Japan and 8,700 in the USA and Canada, and aims to increase its number of stores to 10,000 over the three by fiscal 2020. It will enter a 15-year "take-or-pay" agreement to supply about 2.2 billion gallons of fuel to 7-Eleven. This acquisition will be one of the largest in the retailer chain's history, and it will bring 7-Eleven's total number of stores to 9,815 in the USA and Canada.

Author: 0 Rep. Maxine Waters: O'Reilly needs "to go to jail'"

And the other regular who says she stopped getting invited on to the show after she declined an invitation to O'Reilly's hotel room; she didn't sue, but she and her lawyer - who called Fox News " the Bill Cosby of corporate America " - have asked NY officials to investigate a pattern and practice of sexual harassment and retaliation at the company.

Business Marathon Oil MRO (NYSE:MRO) Issued With 'Buy' Rating At Jefferies & Co
Author: 0 Marathon Oil MRO (NYSE:MRO) Issued With 'Buy' Rating At Jefferies & Co

Marathon Oil Corporation (MRO ) will report its next earnings on May 2 - May 8 (Est.). Nomura cut shares of Marathon Oil from a "buy" rating to a "neutral" rating in a research report on Thursday, December 15th. The original version of this piece can be read at https://www.com-unik.info/2017/04/06/jefferies-group-llc-reiterates-buy-rating-for-marathon-oil-co-mro.html.

Business Australia Joins Credit Suisse Probe
Author: 0 Australia Joins Credit Suisse Probe

The Dutch are "investigating dozens of people who are suspected of tax fraud and money laundering", the prosecutors said , adding that suspects had deposited money in a Swiss bank without disclosing that to authorities. However, Credit Suisse, Switzerland's second-biggest bank, said local authorities had visited its offices in Amsterdam, London and Paris "concerning client tax matters" and it was cooperating.

Business Coty signs fragrance licensing deal with Burberry
Author: 0 Coty signs fragrance licensing deal with Burberry

The deal will see Burberry receive £ 130m upfront for the long-term exclusive global licence and related transfer of the Beauty business, and circa £50m for assets transferring (which is subject to inventory adjustments) totalling circa £180m.

Business Brazil takes over top spot from Argentina in FIFA rankings
Author: 0 Brazil takes over top spot from Argentina in FIFA rankings

Their recent form in the worldwide friendlies and FIFA World Cup 2018 qualifiers have helped them to go at the top. "I also need to thank the support staff for their commitment to the team", he added. Since then, they have suffered a string of embarrassments, with elimination by Paraguay at successive Copa America tournaments in 2011 and 2015 and their infamous 7-1 loss to Germany in the 2014 World Cup semifinal.

Business Severe weather threat leads to early school dismissals
Author: 0 Severe weather threat leads to early school dismissals

The National Weather Service is urging Alabamians to be prepared for Wednesday's weather event. All modes are possible with this system to include damaging winds, large hail, heavy rainfall, and tornadoes. In addition, 50 National Guard soldiers will be activated for preparation and response operations. A system of storms will affect Alabama, Georgia and SC before moving into the OH and Tennessee valleys, according to the National Weather Service's Storm Prediction Center .

Business BP cuts CEO's pay package by 40% after shareholder backlash
Author: 0 BP cuts CEO's pay package by 40% after shareholder backlash

BP's pay policy changes, which will apply for the coming three years, include lowering Dudley's maximum long-term payout to five times salary from seven times and cutting bonus payments by a quarter. Dame Ann Dowling, chair of the remuneration committee, said: "After a thorough review and extensive shareholder engagement, we believe the new policy is simpler, more transparent and has strategic focus".

Business Toronto, New York markets decline as investors await corporate earnings
Author: 0 Toronto, New York markets decline as investors await corporate earnings

Although U.S. crude oil futures settled up 12 cents at $51.15 a barrel, the commodity was down 16 cents at $50.87 in extended trading. USA stocks rose on Wednesday after solid private employment data underscored the strength of the economy, boosting financial stocks and helping calm investor jitters over President Donald Trump's ability to deliver on his policy plans.

Author: 0 Oil rises on signs of gradual tightening in global supply

The crude oil price was $54.28 per barrel up by 11 cents from the previous close. Ships hauling US crude to Asia included the supertanker Alex, which headed for Ningbo in eastern China after loading 2 million barrels of West Texas Intermediate crude in the Gulf of Mexico in late February, a person familiar with the matter said last month.

Business RBI keeps policy rate on hold for third meeting in a row
Author: 0 RBI keeps policy rate on hold for third meeting in a row

The central bank last cut the interest rate in October when it was reduced by 25 basis points to 6.25 per cent, the lowest level since November 2010, and analysts don't expect a rush towards another snip. It has a target of keeping inflation around four per cent. Avnish Jain, Head - Fixed Income, Canara Robeco: "As expected, the RBI kept key repo rate unchanged at 6.25 percent and policy stance "neutral".

Business Springer's HR in 13 gives Astros 5-3 win over Mariners
Author: 0 Springer's HR in 13 gives Astros 5-3 win over Mariners

His final line didn't fully reflect he trouble he sidestepped, with McCullers allowing one run on five hits and two walks (one intentional) with seven strikeouts over six innings. The Mariners got only the one run. The Seattle Mariners and Houston Astros meet Thursday in Major League Baseball action at Minute Maid Park.

Author: 0 This senator pulled an all-nighter to oppose Neil Gorsuch

Gorsuch, nominated by President Donald Trump, holds a conservative viewpoint. "I was hoping the message would reach a few hearts across the aisle that we're on a path we have not completed - the seat has not been stolen, we're potentially a couple of days away from that", Merkley told reporters after he left the Senate floor.

Author: 0 Providers can collect, sell data on you

Some ISPs, including Verizon , AT&T and Comcast , have publicly promised not to sell customers' data. One is to provide the marketers with "de-identified information" which helps them to determine the customers who fit into the group of advertisers they are trying to reach.

Business GST Council approves draft rules; will focus now on rates
Author: 0 GST Council approves draft rules; will focus now on rates

The Union Territory Goods and Services Tax (UTGST) Bill, 2017, will enable levy and collection of tax on intra-state supply of goods and services or both by the union territories. India moved a step closer to becoming a unified market in line with the federalist vision of the architects of its Constitution with the passage in Parliament on Wednesday of the GST Bill, which extends pan-India except to Jammu and Kashmir for now.

Business Choose tourism over terrorism: PM to Valley youths
Author: 0 Choose tourism over terrorism: PM to Valley youths

The government was planning to spend Rs 60,000 crore on an infrastructure development programme in the state, the minister said. Also speaking on the occasion Dr Jitendra Singh, MoS in the PMO thanked Prime Minister Shri Narendra Modi and said that this is the beginning of a new India under his leadership.

Business Georgia tornado, apparent twisters, rain around Southeast
Author: 0 Georgia tornado, apparent twisters, rain around Southeast

The second in a series of strong storm systems coming out of the Rockies into the Deep South and moving along the Gulf Coast will be taking a turn up the mountains heading for our area. Copeland says he's still working up courage to go outside and look at his pickup truck, which he fears was damaged by ice balls right after he made a $550 payment on it.

Business South Africa's ruling party backs embattled president
Author: 0 South Africa's ruling party backs embattled president

The alliance between the ruling party and the trade union federation, or COSATU, has come under strain in the past. Although the ANC has now said it's satisfied with President Zuma's reasons for removing Pravin Gordhan as Finance Minister and fully supports his successor, the SACP and Cosatu have called on the president to resign, with the communist party saying it plans to stick to its position.

Business Congress demands Kejriwal's resignation over Shunglu report
Author: 0 Congress demands Kejriwal's resignation over Shunglu report

The AAP government paid her a salary of Rs 1.15 lakh from the period April 18 to July 14, 2016, when Soumya resigned from the post. The committee has questioned foreign travels by ministers without LG's sanction. The report which runs into over 100 pages deals with decisions, including appointment of certain individuals as advisors to the government, taken by Kejriwal and his Cabinet where it had no authority do so and without the LG's concurrence.

Author: 0 Oil rises, near one-month high; United States crude stocks seen down

Russian oil production averaged 11.046 million barrels a day in March, the ministry said. Futures in NY were holding losses after dropping 0.7 percent on Monday, following a 5.5 percent jump last week. U.S. West Texas Intermediate crude futures climbed 10 cents, or 0.2 percent, to $50.70 a barrel after settling 25 cents higher in the previous session.

Business Kerala observes shutdown to protest police high-handedness
Author: 0 Kerala observes shutdown to protest police high-handedness

The family had submitted a representation to the Chief Minister, seeking action against the police personnel in Thrissur district who, they alleged, had tried to shield the college management and staff by destroying evidence. Within hours of today's alleged police excesses, the UDF and the BJP hit the streets across the state. The DGP has ordered inspector-general Manoj Abraham to conduct an inquiry into today's incident.

Business Rep.Pelosi on internet privacy:
Author: 0 Rep.Pelosi on internet privacy: "you should be very very scared".

While providers can sell your information without your permission, a trade organization promises the companies will still keep some details provide: financial, health, and children's information. You should be very, very scared each and every one of you, very, very scared. He called the rule an effort to strip the agency of that role. Broadband providers don't now fall under FTC jurisdiction, and advocates say it has historically been a weaker agency than the FCC.

Business Unilever announces results of business review
Author: 0 Unilever announces results of business review

Mr Polman said Unilever would combine its refreshment business, which includes ice cream and tea, with the rest of its foods business in an attempt to unlock growth and increase margins faster. Unilever said it expects €3.5 billion of costs over 2017 to 2019 related to the efficiency measures. The group will also buy back €5bn worth of its shares and boost dividends by 12% this year.

Author: 0 SpaceX successfully reuses Falcon 9 first stage

The photo made available by US space firm SpaceX on March 30, 2017 shows the company's Falcon 9 rocket at the Kennedy Space Center in Florida, the United States. SES chief technology officer Martin Halliwell said Tuesday that it will be a hard feat to land the rocket again after Thursday's mission - but if they succeed, SES will take home some souvenirs.

Author: 0 Donald Trump labels sexual harasser Bill O'Reilly 'a good person'

The men share a taste for vanilla milkshakes, bantering on-air about how numerous confections O'Reilly has bought for his friend. While two of the cases were previously known, the Times said it had unearthed three more cases of harassment, two of a sexual nature and one alleging verbally abusive behavior by O'Reilly.

Author: 0 Trump, Xi to have constructive and business-like meeting

Add to the mix the issue of the South China Sea, where Beijing has built and armed man-made islands despite the concerns of neighboring countries; and Taiwan, the self-governing island democracy that China claims as its own territory, and which some in Trump's administration would like to see in a stronger relationship with the U.S.

Business (NYSE:JPM) target price raised to $97.82, reported today by Vetr Inc
Author: 0 (NYSE:JPM) target price raised to $97.82, reported today by Vetr Inc

Morgan and Chase brands. Previously on 3/28/2017, Vetr Inc. reported on JPMorgan Chase & Co. President Donald Trump is pursuing efforts to give jobs to US citizens, but the country would have faster economic growth and better productivity with contributions from foreigners educated in the US, Dimon said in JPMorgan Chase's annual shareholder letter published Tuesday.

Author: 0 United Airlines branded 'sexist' for barring girls in leggings

United Airlines was the target of major online criticism yesterday after barring two girls from a U.S. domestic flight for wearing leggings in an apparent breach of their clothing policy. "How long has United Airlines regulated women's clothing?" That rule says passengers may be denied if they "are barefoot or not property attired".

Author: 0 Trump to Abe: US to boost defences against North Korea

Secretary of State Rex Tillerson acknowledged the launch in a brief statement but said the U.S. had spoken enough about North Korea and would not comment further. The Pentagon continues to see signs North Korea is close to conducting another nuclear test, after two tests past year. China is North Korea's sole major diplomatic friend and a key trading partner that supplies the isolated state with much of its hard currency in the face of stringent global sanctions.

Business EU blames Assad for 'gas attack' that killed 58
Author: 0 EU blames Assad for 'gas attack' that killed 58

Bashar Assad has no future in post-conflict Syria but his fate is ultimately up to the Syrian people, European Union foreign ministers said Monday in response to an apparent shift in US policy. Use of sarin would be especially troubling because it would suggest Syria may have cheated on its previous deal to give up chemical weapons. "But there are many things we do know", she said.

Author: 0 Google and Telstra join team of telcos for new subsea cable

The cable system, formerly known as APX West and Central, will be deployed by Alcatel-Lucent Submarine Networks. "The acquisition of SubPartners will deliver Superloop strategic assets including ownership of global submarine cable capacity as a member of the INDIGO consortium which is constructing the INDIGO West cable (Singapore to Perth) and the INDIGO Central cable (Perth to Sydney)", Superloop's statement to the ASX said.

Business Kendall Jenner's Pepsi ad sparks backlas
Author: 0 Kendall Jenner's Pepsi ad sparks backlas

Sparkling water maker SodaStream (SODA) CEO condemned Pepsi on Wednesday, calling the ad the company's "second tone-deaf marketing scheme of 2017". Evans, standing passively and wearing a dress, was detained by police in riot helmets and heavily padded suits during a protest in Baton Rouge, Louisiana, not long after the fatal shooting of Alton Sterling by police.