Business


Trinity Mirror Looks to Expand Tabloid Empire in UK Trinity Mirror Looks to Expand Tabloid Empire in UK
- September 09, 2017

Desmond bought the Express in 2000 for £125m but has since extracted many more millions in dividends through a process of ruthless cost cutting. Instead the publisher of the Daily Mirror newspaper has confirmed talks are under way to acquire 100 per cent of Northern and Shell. (more...)
Harvey damage prompts TransCanada to extend pipeline open season (TRP) Harvey damage prompts TransCanada to extend pipeline open season (TRP)
- September 09, 2017

Bonin. NEB hearings on Energy East were suspended previous year amid protests in Quebec because two board members met privately with former Quebec premier Jean Charest while he was consulting for TransCanada. Alberta Energy Minister Margaret McCuaig-Boyd complained on Thursday that the NEB's decision to review climate impacts amounted to "historic overreach". (more...)
Equifax announces massive data breach Equifax announces massive data breach
- September 09, 2017

The company added that 182,000 credit-dispute documents, which contain personal information, were also stolen. Chief Executive Richard Smith apologized to Equifax's customers in prepared remarks, and the company has set up a website that will determine if customers have been affected. (more...)
The FBI Is Investigating Uber's 'Hell' Program For Tracking Lyft The FBI Is Investigating Uber's 'Hell' Program For Tracking Lyft
- September 09, 2017

Uber's program, revealed in a report from The Information in April, tracked Lyft drivers through fake passenger accounts, learning when and where they were working. Last week, several Lyft drivers brought a class action lawsuit against Uber over its use of the secret software, but the claim was dismissed . (more...)
Avro Arrow model found in Lake Ontario Avro Arrow model found in Lake Ontario
- September 09, 2017

The nose and one wing appear damaged. The port side wing, however, seems to be fully intact, the search team said. "But when we are ready, we will be doing some excavation around the model", said Janusas. Richard Mayne, a historian with the Royal Canadian Air Force. "The actual planes have all been destroyed except for a few bits and pieces, so we're bookending the story of the Arrow by finding these last pieces of the plane". (more...)
Dutch Industrial Production Growth Slows Further Dutch Industrial Production Growth Slows Further
- September 09, 2017

Although rising 1.2% in the three months to July, the increase in overseas goods sales in the latest three months was the weakest since October of a year ago. Import volumes rose by 0.1%. Earlier on Friday, the British Chambers of Commerce (BCC) said the UK's economy was "treading water" and there was "no sign on the horizon of a return to healthier levels of growth". (more...)
The American Outdoor Brands Corporation (AOBC) Downgraded by ValuEngine The American Outdoor Brands Corporation (AOBC) Downgraded by ValuEngine
- September 09, 2017

As per Wednesday, October 21, the company rating was maintained by Telsey Advisory Group. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. Zacks Investment Research cut American Outdoor Brands Corporation from a "hold" rating to a "sell" rating in a research note on Friday, June 23rd. (more...)
B. Riley Upgrades Rating On Zumiez Inc. (ZUMZ) To B. Riley Upgrades Rating On Zumiez Inc. (ZUMZ) To "Buy"
- September 09, 2017

Ebay Inc now has $39.34 billion valuation. So far 1,911,387 shares have been traded. It has outperformed by 54.06% the S&P500. About shares traded. Zumiez Inc . 35 funds opened positions while 41 raised stakes. Kalmar Investments Inc /de/ owns 179,179 shares worth $3,279,000. Blackrock Inv Mgmt Llc invested in 0% or 100,710 shares. (more...)
Uber to introduce fares surcharge to help pay for cleaner vehicles Uber to introduce fares surcharge to help pay for cleaner vehicles
- September 09, 2017

At least for UberX rides, anyway. It looks as though Uber is jumping in on the efforts in London by offering a significant incentive to any of its drivers that buy and use an electric vehicle . In London, all rides excluding UberPool (these are pretty green already) will rise by 35 pence - with all of the extra revenue going straight into the fund. (more...)
Nothing can stop the euro's rise, much to Mario Draghi's disappointment Nothing can stop the euro's rise, much to Mario Draghi's disappointment
- September 09, 2017

In his speech following the ECB's interest rate decision, Mario Draghi was keen to point out that Eurozone data moving forwards could well be weaker due to the Euro's recent strength. The euro , which has climbed by more than 10 percent against the greenback this year, surged to as high as $1.21 after Draghi's comments. In the USA, equity markets closed higher yesterday "following the announcement of the debt ceiling extension, paring losses from earlier in the session." noted Accendo ... (more...)
Oil inventories climb 4.6 million barrels after Hurricane Harvey Oil inventories climb 4.6 million barrels after Hurricane Harvey
- September 09, 2017

Gulf Coast ports and refineries out of commission, European and Asian refiners have had to increase production, elevating their demand for crude supplies. "Most refineries are restarting and we expect a near-full recovery by month-end", USA investment bank Jefferies stated. But Irma is headed away from the heart of USA oil production. (more...)
Kraft Heinz names 29-year-old 3G Capital partner as CFO Kraft Heinz names 29-year-old 3G Capital partner as CFO
- September 09, 2017

George Zoghbi, now chief operating officer of the USA business, will remain a full-time employee of Kraft Heinz as a strategic adviser, the release said. He previously had various roles at private-equity firm 3G Capital, where he worked on big deals, including of Burger King and Heinz. In his new position Mr. (more...)
Chili's slashing menu to focus on customer favorites Chili's slashing menu to focus on customer favorites
- September 09, 2017

A statement from the company explains why these menu cuts are being made. Chili's rolled out a section of its menu devoted to dishes with fewer than 750 calories in 2012 (it's now down to fewer than 610 calories) and added flatbreads in 2013. (more...)
Canada's unemployment rate hasn't been this low in almost a decade Canada's unemployment rate hasn't been this low in almost a decade
- September 09, 2017

Nationally, the unemployment rate was down to 6.2 per cent in August, from 6.3 per cent in July. "We just have to see whether it continues", Ferley said. The unemployment rate declined further to 6.2% from 6.3% the previous month which was the lowest rate since October 2008 and below consensus expectations of 6.3%. (more...)
Ontario's Plan to Regulate Legalized Cannabis Ontario's Plan to Regulate Legalized Cannabis
- September 09, 2017

They can choose whether cannabis should be sold online or in retail stores, and whether those stores should be government-run, corporate-run or small businesses. Canada's biggest licensed producer of medical marijuana has bought land next to its greenhouse production site that will allow it to more than double the total volume of cannabis it can grow, its chief executive said on Thursday. (more...)
Regulators ask Pak based Habib bank to shut ops in US Regulators ask Pak based Habib bank to shut ops in US
- September 09, 2017

The New York State Department of Financial Services said in a statement that the fine was being imposed for failures to comply with laws and regulations created to combat illicit money transactions. Although it is the largest amount ever charged to a Pakistani bank by the foreign regulatory authorities, however, considering the nature of charges, HBL has still come out paying much less than expected. (more...)
Flipkart Big Billion Days Sale Starts From September 20 Flipkart Big Billion Days Sale Starts From September 20
- September 09, 2017

Flipkart is targeting a two to three times growth in sales during its Big Billion Day (BBD) festive season sale, compared to past year, the company's senior director of business development Smrithi Ravichandran said on Thursday. The competition between Flipkart and Amazon grew so intense past year that both companies even resorted to a bitter war of words. He added, " We are fully prepared to process a billion wishes in time through India's biggest event of the year". (more...)
Centre announces official no-fly-list; proposes upto 3 year ban Centre announces official no-fly-list; proposes upto 3 year ban
- September 09, 2017

According to the draft of Civil Aviation Requirements (CAR) on "Handling of unruly or disruptive passengers", unruly passengers could be categorised on three levels. For example, the minimum punishment is a three-month ban , which is for verbal abuse. Unruly behaviour of passengers in airport premises will be dealt with by the relevant security agencies, DGCA officials said. (more...)
Close down Department of Financial Services, says Raghuram Rajan Close down Department of Financial Services, says Raghuram Rajan
- September 09, 2017

More than $150 billion of bad debt is crimping credit growth in Asia's third-largest economy, and the government and the RBI have been trying to ease the burden on state-run lenders, which account for 70 percent of all lending. To which, Rajan as the RBI head gave the analysis -orally- and cautioned the government that short-term cost would outweigh long-term benefits. He also said that no date was fixed for demonetisation and still the entire data on demonetisation is not available. (more...)
Pam Bondi activates price-gouging hotline as Hurricane Irma approaches Florida Pam Bondi activates price-gouging hotline as Hurricane Irma approaches Florida
- September 08, 2017

Some residents were forced to go online and hope their orders arrive before the weekend. You can also report suspecrted instances of price-gouging at the AG's web site . One user posted an image of water bottles selling for $30. The online retailer is selling numerous supplies but some customers are finding third party sellers who are looking to make money off the hard to find supplies. (more...)
Tredje AP fonden Acquires 4230 Shares of Union Pacific Corporation (UNP) Tredje AP fonden Acquires 4230 Shares of Union Pacific Corporation (UNP)
- September 08, 2017

Ewing Robyn L sold 81,561 shares worth $2.54M. Jennison Associate Limited Co owns 0.12% invested in Williams Companies Inc (NYSE:WMB) for 3.39M shares. Mitsubishi Ufj & Banking has invested 0.39% in Union Pacific Corporation (NYSE:UNP). Sei accumulated 0.34% or 669,517 shares. Union Pacific Corporation has a 1 year low of $87.06 has a 1 year high of $115.15. (more...)
Delta flight from Puerto Rico threads needle around Hurricane Irma Delta flight from Puerto Rico threads needle around Hurricane Irma
- September 08, 2017

Airlines are scrambling to get out of the way of one of the most powerful Atlantic hurricanes ever recorded as the storm threatens to make landfall in the continental USA this weekend. The last flight out of MIA will take off Friday, at 3:49 p.m. He cautioned that flights were going very fast at these prices. They use algorithms to adjust prices constantly based on supply and demand. (more...)
Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) Traded Higher Than Its 50 Day Average
- September 08, 2017

The stock increased 0.28% or $0.4 during the last trading session, reaching $145.12. The overall volume in the last trading session was 2.36 million shares. Also, it has an estimated price-earnings (P/E) multiple of 20.78 and a trailing 12-month price-earnings (P/E) multiple of 62.88. The Company's products include Soliris, Strensiq (asfotase alfa) and Kanuma (sebelipase alfa). (more...)
Voyager Therapeutics, Inc. (VYGR) closed at $13.63 in the last trading session Voyager Therapeutics, Inc. (VYGR) closed at $13.63 in the last trading session
- September 08, 2017

A number of research firms have issued reports on VYGR. Finally, Cowen and Company restated a "buy" rating on shares of Voyager Therapeutics in a report on Tuesday, August 8th. During the last month, the stock has changed -6.21% and performed 59.99% over the last 6 months. The following firms have recently changed their position in VYGR. (more...)
Palatin Technologies (PTN) Getting Somewhat Positive News Coverage, Analysis Finds
- September 08, 2017

When volumes suddenly increase above normal levels, it can be a sign that investors feel very strongly in one way or the other about the future direction of a stock, or may even have access to inside information. The company P/E (price to earnings) ratio is 0 and Forward P/E ratio is 0. (NYSE:PTN) now have an ABR of 1.00.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. (more...)
Lookout for these three Stock?Scorpio Tankers Inc (NYSE:STNG)
- September 08, 2017

A volume "spike" where volume is way more than normal-5 to 10 times (or more) average volume (for that time or period) for example-could indicate the end of a trend. They may also be used to assist the trader figure out proper support and resistance levels for the stock. The company shows its Return on Assets (ROA) value of -2%. (more...)
Kinder Morgan, Inc. (KMI) Holdings Cut by Girard Partners LTD.
- September 08, 2017

Kinder Morgan declared that its board has authorized a stock buyback plan on Wednesday, July 19th that authorizes the company to buyback $2.00 billion in outstanding shares. Jacobs Asset Llc has invested 1.25% in First Bancshares Inc (NASDAQ:FBMS). (NYSE:PFE) now have an ABR of 2.20.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. (more...)
Lincoln National Corporation (LNC) Downgraded by Zacks Investment Research
- September 08, 2017

About shares traded. Lincoln National Corporation (NYSE: LNC ) has risen 47.27% since September 7, 2016 and is uptrending. It has outperformed by 30.57% the S&P500. As per Friday, May 5, the company rating was maintained by Wells Fargo. Lmr Prtnrs Llp holds 0.19% of its portfolio in Lincoln National Corporation (NYSE:LNC) for 18,923 shares. (more...)
Eaton Vance Management Has $86.95 Million Holdings in Boston Scientific Corporation (BSX)
- September 08, 2017

CELH's SI was 114,700 shares in September as released by FINRA. It has outperformed by 2.42% the S&P500. The first trade took place at $61.74 and the stock went down -0.05% to attain the closing price of $61.24. It also reduced Alphabet Inc. Shares for $7.50 million were sold by GESCHKE CHARLES M on Monday, March 20. BB&T Corp raised its position in shares of Boston Scientific Corporation by 28.9% in the 1st quarter. (more...)
Gilead Sciences, Inc. (GILD) EVP Gregg H. Alton Sells 25000 Shares Gilead Sciences, Inc. (GILD) EVP Gregg H. Alton Sells 25000 Shares
- September 08, 2017

Now the Insiders own 0.30% of Gilead Sciences, Inc . shares. The stock rose 0.06% or $0.05 reaching $83. About 1.59M shares traded. Gilead Sciences (NASDAQ:GILD) last announced its quarterly earnings data on Wednesday, July 26th. New Jersey Better Educational Savings has 0.96% invested in Gilead Sciences, Inc . (NASDAQ:GILD). 167,330 were reported by Norinchukin Commercial Bank The. (more...)

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