Business


Remington files for bankruptcy Remington files for bankruptcy
- March 26, 2018

The Journal says Remington's bankruptcy filing comes "in the face of a heavy debt load, falling sales and lawsuits tied to the Sandy Hook school shooting". "We do not expect this filing to affect the families' case in any material way", an attorney representing Sandy Hook families in their suit against the manufacturer said in a statement to The Hill. (more...)
I downloaded 14 years of my Facebook data and here's what happened I downloaded 14 years of my Facebook data and here's what happened
- March 26, 2018

In a response to the discovery, Facebook stressed that this call and text history logging was an "opt-in" feature for Facebook Lite or Messenger, and that you had to expressly agree to it. If in case you click on "turn on" option, this basically means that you have chose to let Facebook log your information. This find was later confirmed by other users, who also noted that their own information archives contained call and text message data from phones on which they installed the Facebook ... (more...)
PNB fraud: ED seizes antique jewellery, watches, paintings of Nirav Modi PNB fraud: ED seizes antique jewellery, watches, paintings of Nirav Modi
- March 26, 2018

The bank is in the process of hiring legal experts to take the matter forward. According to officials, Firestar Diamond is a subsidiary of one of the companies against whom the NCLT had passed the order. Different investigating agencies, including CBI and Enforcement Directorate, are probing the fraud, dubbed as the biggest banking scam in the country. (more...)
IShares MSCI Global Energy Producers (FILL) Declines 0.7835% for Mar 25
- March 26, 2018

If the indicator travels under -80, this may signal that the stock is oversold. If the RSI is closer to 100, this may indicate a period of stronger momentum. iShares MSCI China ETF, formerly iShares MSCI China Index Fund (the Fund), is an exchange traded fund. Active investors may choose to use this technical indicator as a stock evaluation tool. (more...)
Zuckerberg says 'sorry' - in newspaper ads Zuckerberg says 'sorry' - in newspaper ads
- March 26, 2018

The ads didn't mention Cambridge Analytica or its profiling work for the sake of Donald Trump's 2016 presidential campaign. The ads, done in simple black text against a plain white background, were headlined: 'We have a responsibility to protect your information. (more...)
Uber cedes South-east Asia to chief rival Grab in latest pullout Uber cedes South-east Asia to chief rival Grab in latest pullout
- March 26, 2018

In Indonesia, the region's biggest economy and most populous country with more than 250 million people, it's in a fierce battle for customers with local app Go-Jek. The Uber app will stop working in Asia in two weeks, it said. Khosrowshahi has been pushing to clean up the company's financials in preparations for an initial public offering next year. (more...)
Saudi forces intercept 7 missiles from Yemen, 1 dead Saudi forces intercept 7 missiles from Yemen, 1 dead
- March 26, 2018

On Nov. 4, Saudi Arabia thwarted a rebel missile attack on Riyadh global airport that Crown Prince and Defense Minister Mohammed bin Salman said "may amount to an act of war" involving Iran. Iran has admitted supporting the Houthis, but denies arming them. This prompted a military coalition led by Saudi Arabia to intervene in Yemen on March 26, 2015, to help the government push back the Shiite rebels. (more...)
Is It Even Possible To Protect Your Privacy On Facebook? Is It Even Possible To Protect Your Privacy On Facebook?
- March 25, 2018

Reps. Greg Walden of OR and Frank Pallone of New Jersey say in a statement the "latest revelations regarding Facebook's use and security of user data raises many serious consumer protection concerns". He said the company was able to amass the database quickly with the help of an academic, Aleksander Kogan, who developed a Facebook app called "This is Your Digital Life" that appeared to be a personality test. (more...)
Stocks drop after Trump tariff action, but off lows Stocks drop after Trump tariff action, but off lows
- March 25, 2018

And China said it was not afraid of a trade war and would not rule out the possibility of scaling back purchases of US Treasury debt as one option for retaliation. The Chinese government fired back within hours with its own threat to hit $3 billion in US goods with tariffs. The Cboe Volatility Index, the most widely followed barometer of expected near-term volatility in the S&P 500, was up 1.76 points at 19.62, after touching a three-day high of 21.24. (more...)
Video shows Sacramento Police shooting unarmed black man in grandparents' backyard Video shows Sacramento Police shooting unarmed black man in grandparents' backyard
- March 25, 2018

Still, for some in Sacramento and across the country, watching the video raised as many questions as it answered. The officers appeared to believe they were in danger, they said, and if so the shooting was likely legally justified. As the patrolmen run into a backyard, they turn a corner and spot Clark in the glare of their flashlights. It's unclear from the helicopter and body camera video exactly how many shots were fired. (more...)
Air India's maiden direct flight to Tel Aviv reaches Air India's maiden direct flight to Tel Aviv reaches
- March 25, 2018

According to a report by Mihir Mishra in The Economic Times, the government has stipulated INR 5,000 crore as the minimum net worth for those looking to bid for state-owned Air India, in order to screen out frivolous and dubious contenders, said a senior government official. (more...)
Technical news From CVS Health Corporation (CVS)
- March 25, 2018

XPO Logistics, Inc. (NYSE:XPO) has risen 103.27% since March 24, 2017 and is uptrending. It has outperformed by 20.71% the S&P500. Anchorage Capital Group Llc increased its stake in Xpo Logistics Inc (XPO) by 20% based on its latest 2017Q3 regulatory filing with the SEC. (more...)
Valero Energy (VLO) PT Lowered to $95.00 at Deutsche Bank
- March 25, 2018

It has underperformed by 24.43% the S&P500. The Ohio-based Randolph Co Inc has invested 4.36% in the stock. ATR value of 2.24 measure stock volatility. 7,989 were reported by Global X Management Com Lc. Barometer Cap Management Inc invested 0.59% of its portfolio in Valero Energy Corporation (NYSE: VLO ). (more...)
Opening of the first direct air line between Australia and Europe Opening of the first direct air line between Australia and Europe
- March 25, 2018

The 9,000-mile flight from Perth, one of the world's most isolated cities, marks the first direct passenger service between the continents . United Airlines launched its service connecting Los Angeles' LAX airport to Singapore using 787s previous year, saying the 14,100-km link would be the longest non-stop flight - in terms of distance - from the United States to anywhere in the world. (more...)
Police Release Video of Deadly Self-Driving Uber Crash Police Release Video of Deadly Self-Driving Uber Crash
- March 25, 2018

Behind the wheel was a human chaperone who was supposed to be backstopping Uber's developing technology. Rafaela Vasquez, 44, was inside the Uber at the time of the crash. But that training can butt up against human nature and personal responsibility. "Did they jump the gun?" he said. He has touted Arizona's few regulations in his efforts to lure the companies to Arizona from California. (more...)
Trump removes McMaster as NSA, picks hardliner Trump removes McMaster as NSA, picks hardliner
- March 25, 2018

This official is supposed to manage the national security and foreign policy information going to the president and then communicate the president's decisions on how to respond to situations around the world to the relevant federal agencies. (more...)
Constellation Brands (STZ) Upgraded by Societe Generale to Buy
- March 24, 2018

Two Creeks Capital Management Lp who had been investing in Constellation Brands Inc for a number of months, seems to be bullish on the $43.59 billion market cap company. As per Tuesday, December 20, the company rating was maintained by Mizuho. The firm has "Outperform" rating given on Wednesday, January 11 by FBR Capital. (more...)
Institutional Portfolio Favorite in Spotlight: Ulta Beauty, Inc. (NASDAQ:ULTA) Institutional Portfolio Favorite in Spotlight: Ulta Beauty, Inc. (NASDAQ:ULTA)
- March 24, 2018

The stock decreased 1.85% or $1.12 during the last trading session, reaching $59.27. About 722,721 shares traded. It has outperformed by 24.76% the S&P500. The rating was maintained by RBC Capital Markets on Wednesday, August 16 with "Hold". The company was maintained on Wednesday, October 18 by Canaccord Genuity. (more...)
Unemployment rate rises as more Australians actively seek work Unemployment rate rises as more Australians actively seek work
- March 24, 2018

It climbed by less than 0.1 percent at 65.7 percent. Additional 64,900 full-time jobs eclipsed the 47,400 drop off in part-time roles, according to the seasonally adjusted figures from the Australian Bureau of Statistics. During January, rates rose from 2.3 percent to 2.6 percent in Falls Church; from 2.6 percent to 2.8 percent in Alexandria; from 2.6 percent to 2.9 percent in Fairfax County; from 2.7 percent to 2.9 percent in Loudoun County; and from 3 percent to 3.3 percent in Prince ... (more...)
Amazon.com, Inc. (AMZN) Position Raised by Wasatch Advisors Inc
- March 24, 2018

Blackburn Jeffrey M sold 12,666 shares worth $18.50 million. Laboratory Corporation of America Holdings (NYSE:LH) has risen 10.51% since March 24, 2017 and is uptrending. (NYSE:GAM). The New York-based Neville Rodie & Shaw has invested 0.16% in General American Investors Company, Inc. (NYSE:WMT) or 56,362 shares. Verition Fund Mngmt Ltd Company accumulated 0.03% or 408 shares. (more...)
Mark Zuckerberg speaks, but does not get any likes Mark Zuckerberg speaks, but does not get any likes
- March 24, 2018

How many times has Facebook exercised its right to audit applications? Zuckerberg said measures had been in place since 2014 to prevent the sort of abuse revealed over the weekend but the social network needed to "step up" to do more . (more...)
Loop Capital Begins Coverage on Time Warner (TWX)
- March 24, 2018

Ares Cap Corp now has $6.70 billion valuation. The stock decreased 0.14% or $0.13 during the last trading session, reaching $94.13. Amica Pension Fund Board Of Trustees, a Rhode Island-based fund reported 44,126 shares. Topeka Capital Markets maintained it with "Buy" rating and $105 target in Thursday, October 8 report. JMP Securities maintained Celgene Corporation (NASDAQ:CELG) on Friday, July 24 with "Mkt Outperform" rating. (more...)
Stock with Surprising Moves in Wall Street: JC Penney Company Inc (JCP) Stock with Surprising Moves in Wall Street: JC Penney Company Inc (JCP)
- March 24, 2018

First Dallas Securities Inc. owns 492,825 shares or 1.3% of their USA portfolio. A rating of 1 or 2 would be indicating a Buy recommendation. The stock traded with the average Volume of 17.58 Million at the end of last session. J C Penney Company Inc has a twelve month low of $2.35 and a twelve month high of $6.30. This gives investors an idea of how much the security has moved in the previous year and whether it is trading near the top, middle or bottom of the range. (more...)
Grows Position in US Bancorp (NYSE:USB)
- March 24, 2018

Its up 2.56% from 23,400 shares previously. Fin Mngmt Professionals has 404 shares for 0.01% of their portfolio. The institutional investor held 291,184 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $20.31M, up from 284,764 at the end of the previous reported quarter. (more...)
Changi voted World's Best Airport for 6th consecutive year Changi voted World's Best Airport for 6th consecutive year
- March 24, 2018

Changi Airport also received the Best Airport Leisure Amenities at the event held at the Passenger Terminal EXPO in Stockholm, Sweden yesterday. Commenting on the results of the Skytrax World Airport Awards , Eng Badr Mohammed Al Meer, Chief Operating Officer at Hamad International Airport, said: "HIA sets itself apart from other airports with its optimised passenger journey, unmatched retail offering, five-star customer service, punctuality, cleanliness, iconic architecture and unique art ... (more...)
Is the Stock Safe to Invest? - Bank of America Corporation, (NYSE: BAC) Is the Stock Safe to Invest? - Bank of America Corporation, (NYSE: BAC)
- March 24, 2018

Bank of America stock traded down $1.38 on Thursday, reaching $29.17. Finally, Vining Sparks reissued a "buy" rating and issued a $34.00 price objective on shares of Bank of America in a research note on Wednesday, January 17th. The New York-based Pinebridge Investments LP has invested 2.04% in Bank of America Corporation (NYSE: BAC ). ValuEngine raised Bank of America from a "hold" rating to a "buy" rating in a research note on Friday, February 2nd. (more...)
What is the Short Interest on Endo International plc (NASDAQ:ENDP) Stock?
- March 24, 2018

During the past three months the stock slid -25.86%, bringing six months performance to -29.81%. Volume is an extremely useful tool, and as you can see, there are many ways to use it. Longer moving averages are used to isolate long-term trends. Most of traders have the same opinion that volatility shows clear cycles and relying on this belief, ATR can be used to set up entry signals. (more...)
Stocks Rallying on Performance Valuation: NIKE, Inc. (NYSE:NKE) Stocks Rallying on Performance Valuation: NIKE, Inc. (NYSE:NKE)
- March 24, 2018

Ticker has Quick Ratio of 1.7 which indicates firm has sufficient short-term assets to cover its immediate liabilities. In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. (more...)
Buckingham Asset Management LLC Takes $220000 Position in Enbridge Inc (ENB)
- March 24, 2018

It has underperformed by 25.94% the S&P500. Enbridge Inc ., ( NYSE: ENB ) was trading -28.63% away from its yearly high level, during the last trading session. Susquehanna maintained it with "Hold" rating and $134.0 target in Thursday, February 1 report. The firm has "Buy" rating given on Monday, March 7 by Canaccord Genuity. (more...)
United Kingdom forms cryptocurrency task force United Kingdom forms cryptocurrency task force
- March 24, 2018

The UK is about to get a "crypto assets task force", and a couple of other initiatives, aimed at managing the "risk of cryptoassets", as well as "harnessing the potential of the underlying technology ". The Task Force is only part of the government's plans to boost fintech adoption in the United Kingdom, however: The Fintech Sector Strategy plan also includes pilot schemes of 'robo-regulation, ' whereby compliance is assured through software rather than manual rules-checking; the ... (more...)

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