Business


House prices had first monthly decline in six months in December House prices had first monthly decline in six months in December
- January 08, 2018

Prices in the last three months of 2017 were up 2.7%, slowing down from a 3.9% jump in November and falling short of expectations for a 3.3% increase. Halifax expects house prices to grow at an annual pace of 0% to 3% by the end of 2018. He said a squeeze on wages and uncertainty over the economy were continuing to put potential house buyers off, although a shortage of properties on the market, low levels of housebuilding, high employment and low mortgage rates would underpin the market to ... (more...)
Sears closing over 100 more stores Sears closing over 100 more stores
- January 08, 2018

Sears shares, which have more than halved in value this year, took comfort from the reduction in losses, surging 34 percent in pre-market to be by far the day's biggest gainer. It's closing time for another 39 Sears locations and 64 Kmart stores. "We will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members", the company's statement said. (more...)
LLC Acquires 128851 Shares of Mondelez International Inc (MDLZ)
- January 08, 2018

Public Sector Pension Investment Board who had been investing in Mondelez Intl Inc for a number of months, seems to be bullish on the $64.60B market cap company. BMO Capital Markets maintained Mondelez International, Inc. (NASDAQ:MDLZ) on Monday, September 18 with "Hold" rating. Shareholders of record on Friday, December 29th will be given a $0.22 dividend. (more...)
Nike (NYSE:NKE) Given a $62.00 Price Target at Goldman Sachs Group
- January 08, 2018

The stock increased 0.23% or $0.1 during the last trading session, reaching $42.75. 181.16 million shares or 0.28% more from 180.66 million shares in 2017Q2 were reported. Korea Investment Corp reported 0.27% stake. Ig Mngmt invested in 0.13% or 83,950 shares. State Board Of Administration Of Florida Retirement Systems owns 1.69 million shares for 0.09% of their portfolio. (more...)
The Byton Electric SUV is the auto future - and it's incredible The Byton Electric SUV is the auto future - and it's incredible
- January 08, 2018

Its cars are created to be 'the next generation of smart devices for shared mobility and autonomous driving'. Byton probably isn't a name you're familiar with but the Chinese tech firm has just unveiled a new electric SUV which is being heralded as the vehicle of the future. (more...)
Zuckerberg aims to 'fix' Facebook Zuckerberg aims to 'fix' Facebook
- January 08, 2018

This year, his post described Facebook as standing at a crossroads that required his attention. Past challenges have included wearing a tie every day, learning to speak Mandarin and eating meat only from animals he killed himself. Zuckerberg compared this year's challenge to the first one he did nine years ago. At the time he was more focused on growing the social media platform. (more...)
Mothercare's United Kingdom sales dip, sees no improvement soon Mothercare's United Kingdom sales dip, sees no improvement soon
- January 08, 2018

Total UK sales also fell 11 per cent over the period, reflecting a store closure programme linked to a turnaround plan. Despite a growing push by retailers on web trade, the firm's online sales - which represent 42% of its United Kingdom sales - also tumbled by 6.9%. (more...)
MPs condemn 'sickening' use of KPMG in Grenfell inquiry MPs condemn 'sickening' use of KPMG in Grenfell inquiry
- January 08, 2018

KPMG is the auditor of three of the firms under scrutiny by the inquiry into the tower block blaze, in which 71 people died on 14 June previous year. They said the appointment would "only further fuel rumours of a deliberate cover-up and erode public trust". (more...)
Chelsea sign Ross Barley from Everton Chelsea sign Ross Barley from Everton
- January 08, 2018

The 24-year-old has not played since May due to a hamstring injury but is nearing match fitness and Conte is hoping that the midfielder can make a rapid return to form in time for the summer tournament. "He has good prospects for Chelsea". "I think there is a real player in there, I really do". Ross Barkley scores a great goal for Everton against Watford - Could it be his last? A move to Chelsea on transfer deadline day in August did not materialise, but Barkley has now moved to Stamford ... (more...)
Defendant in Kate Steinle shooting case to face sentencing Friday Defendant in Kate Steinle shooting case to face sentencing Friday
- January 08, 2018

In 2015, Trump and others blamed San Francisco's "sanctuary city" policy for Steinle's death. Jurors had deliberated for several days before returning the verdict in the trial of the immigrant who is in the US illegally, had been deported five times and freed under sanctuary laws before the fatal shooting. (more...)
Henry Schein (HSIC) Coverage Initiated at Evercore ISI
- January 08, 2018

The firm has a market capitalization of $11,690.00, a PE ratio of 21.13, a price-to-earnings-growth ratio of 1.87 and a beta of 0.99. About 4.50 million shares traded or 69.40% up from the average. Comerica Bank, which manages about $13.82 billion US Long portfolio, decreased its stake in Ishares S&P Sm Cap 600 Index Fd (IJR) by 24,910 shares to 1.07M shares, valued at $79.54 million in 2017Q3, according to the filing. (more...)
Comedian Jerry Van Dyke Dies at 86 Comedian Jerry Van Dyke Dies at 86
- January 08, 2018

According to the website, she noted his health had been deteriorating since they were both in a auto accident more than two years ago. We're told Dick visited them at the ranch over the Christmas holiday. His acting choices were often panned by the TV critics and it was after he landed the part of Luther Van Dam in the football comedy Coach that he received lot of love and recognition. (more...)
Reuss Sells 30000 Shares of General Motors (GM) Stock Reuss Sells 30000 Shares of General Motors (GM) Stock
- January 08, 2018

Overbrook Management Corp who had been investing in Cedar Fair LP for a number of months, seems to be bullish on the $3.66 billion market cap company. Therefore 55% are positive. Compass Point initiated the stock with "Neutral" rating in Friday, April 15 report. As per Thursday, November 2, the company rating was maintained by Jefferies. (more...)
Kendall Jenner's ginormous Golden Globes dress required someone to hold her train
- January 08, 2018

Meanwhile, Jolie, a presenter at the Golden Globes , walked the red carpet sporting a modest look that makes us think she doesn't mind relinquishing the title of Most Famous Red Carpet Leg. She'd paired the piece with T-bar heels and statement drop earrings, but it was her beauty look that really did the talking. And a fourth added: 'Kendall got her lips done???? The Maleficent 2 star supported the Time's Up coalition by wearing black, naturally, which is no surprise because she ... (more...)
No plan to increase price of Petrol - NNPC No plan to increase price of Petrol - NNPC
- January 08, 2018

In a presentation to the Joint Senate and House Committees on Petroleum Downstream on Thursday, Dr. Kachikwu explained that it was imperative to explore options which would open up the market and allow oil marketers to import petroleum products and complement the ongoing efforts by the NNPC to sustain the sanitization of the products supply and distribution matrix. (more...)
Looks Like someone is NOT HAPPY with Shah Rukh Khan's 'Zero'! Looks Like someone is NOT HAPPY with Shah Rukh Khan's 'Zero'!
- January 08, 2018

It read, "Tickitein liye baithe hain log meri zindagi ki". His timeline was inundated with Twitterati asking the star to give credit for the lines that Baria penned in 2015. Will Shah sa'ab put out another tweet crediting me? "I hope they are fair". The film also stars Katrina Kaif and Anushka Sharma. The teaser begins with a number of Hindi adjectives defining his character. (more...)
Akshay Kumar Begins 'Kesari' Shoot, Shares His First Look from Film Akshay Kumar Begins 'Kesari' Shoot, Shares His First Look from Film
- January 08, 2018

Kumar is supporting a saffron turban and a beard in the film. Filmmaker Karan Johar too took to Twitter to share his excitement and seek blessing for their latest endeavour. Talking about the life of Arunachalam Murganatham, Padman deals with the lack of awareness about menstruation and hygiene in the rural areas of the country. (more...)
Dow Closes Above 25000 as 2-Year Rally Rolls On Dow Closes Above 25000 as 2-Year Rally Rolls On
- January 08, 2018

U.S. traders have seen the latest stock market rally pick up speed, with the Dow Jones Industrial Average setting yet another all-time record. The Dow moved past the psychologically important 25,000-point threshold for the first time ever only minutes after trading started on Thursday. (more...)
GSA Capital Partners LLP Takes Position in Tesla Inc (TSLA) GSA Capital Partners LLP Takes Position in Tesla Inc (TSLA)
- January 08, 2018

The company's market capitalization is $41.34 billion. The stock increased 0.77% or $0.62 during the last trading session, reaching $81.39. Garde Cap Inc holds 0.21% or 3,152 shares. Global Equities Research maintained the shares of TSLA in report on Sunday, August 16 with "Overweight" rating. Interest Gru owns 10,366 shares. (NASDAQ: TSLA ). (more...)
Sensex Over 190 Points up at 34346, Nifty Over 50 Points Higher Sensex Over 190 Points up at 34346, Nifty Over 50 Points Higher
- January 08, 2018

The gauge had gained 360.47 points in the previous two sessions. With another good opening at the bourses, the Indian markets touched new record highs on the opening bell on Monday, with Nifty50 crossing 10,600. All the sectoral indices are trading in green as investors' sentiments remained upbeat on extensive buying in the retail counter. The benchmark indices have pared slightly since then but are still up by more than half a per cent and are consolidating above respective key marks. (more...)
Nvidia partners with Volkswagen, Uber, Baidu, and more for self-driving cars Nvidia partners with Volkswagen, Uber, Baidu, and more for self-driving cars
- January 08, 2018

These customer wins are important as Nvidia competes with other chipmakers like Intel to capture the growing autonomous vehicle and autonomous taxi market segment. Relative autonomous driving industry newcomer Aurora has been revealing a lot of early traction lately, and now we know that it's also working with GPU-maker Nvidia. (more...)
Extreme Cold Doesn't Deter No Pants Subway Ride Extreme Cold Doesn't Deter No Pants Subway Ride
- January 08, 2018

Those who turned out in the 17-degree weather bundled up with scarfs, gloves, and hats, but left out the trousers. On the event's website, Improv Everywhere organizers instructed participants to "sit in the vehicle as you normally would". (more...)
Consumer spending before Christmas slumps to 5-year low Consumer spending before Christmas slumps to 5-year low
- January 08, 2018

United Kingdom consumers curbed their spending for the first time in five years in 2017 as surging inflation and falling real wages took their toll on high street retailers. By sector, Visa said that five of the eight broad categories registered lower expenditure on an annual basis in December. The think-tank's annual snapshot of worldwide trends in spending hints at a strong performance in 2018 after bottoming out two years ago, helped by fuel prices stabilising and falling unemployment. (more...)
China's forex reserves grow faster in December China's forex reserves grow faster in December
- January 08, 2018

The monthly gain was more than double the $10 billion rise posted in November and far more than the $6 billion rise predicted by economists in a Reuters article ahead of the data release. The country's reserves dropped by almost $1 trillion from a peak of $3.99 trillion in June 2014 to $2.998 trillion in January 2017 as it sought to shore up the yuan and reduce potentially destabilising capital outflows. (more...)
Apple says its product chips flawed
- January 08, 2018

Browser makers Google, Microsoft and Mozilla all confirmed to Reuters that the patches they now have in place do not protect iOS users. Intel had said the issues were not caused by a design flaw and asked users to download a patch and update their operating system. (more...)
Hca Healthcare INC (HCA) Stake Has Increased by Crescent Park Management Lp
- January 08, 2018

Preferred Bk Los Angeles Ca now has $873.81M valuation. The stock increased 0.09% or $0.03 during the last trading session, reaching $34.25. The shares were sold at an average price of $86.63, for a total transaction of $207,912.00. (NYSE:HCA). State Of Tennessee Treasury Department invested 0.03% in HCA Healthcare, Inc. In related news, insider Michael S. Cuffe sold 2,400 shares of the firm's stock in a transaction that occurred on Friday, December 15th. (more...)
New Britain police searching for assault, kidnapping suspect; Victim located safe New Britain police searching for assault, kidnapping suspect; Victim located safe
- January 08, 2018

Authorities said callers reported a man grabbed and assaulted a woman, forced her into a black Honda bearing CT registration tag AF37072. Police are searching for Marquez, who was last seen driving a black Honda with CT license plate AF37072. (more...)
Debra Messing calls out E! for wage inequality Debra Messing calls out E! for wage inequality
- January 08, 2018

Messing's moment on the red carpet is already generating plenty of reactions, and we give her all the credit in the world for being bold enough to go there. "My team and I asked for what I know I deserve and were denied repeatedly". While fashion statements are a staple of the red carpet , so is E! In 2017, she co-hosted a Globes special that aired the day after the event with the "juiciest moments" from the show and backstage interviews. (more...)
Abner Herrman & Brock LLC Trims Holdings in Anheuser Busch Inbev NV (BUD)
- January 08, 2018

The stock increased 0.81% or $0.48 during the last trading session, reaching $59.97. About 53,839 shares traded or 43.45% up from the average. It has underperformed by 4.51% the S&P500. Anheuser Busch InBev NV (ADR)" on August 12, 2017. Pennsylvania Trust Com has invested 0.02% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Barclays Capital initiated it with "Overweight" rating and $39 target in Thursday, March 24 report. (more...)
Calls for Sinn Fein MP to consider his position following controversial video
- January 08, 2018

In the clip, the West Tyrone MP says: "I'm just wondering - where does McCullagh's keep the bread?" Mr Black said it was "done deliberately to cause the maximum hurt" and added he would not meet with Mr McElduff. Ulster Unionist MLA Doug Beattie MC was among those who had hit out at the West Tyrone MP. All murder was wrong. Learning his mistake, the republican MP promptly removed the post from social media, and tweeted his apology on Saturday morning. (more...)

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