Business

With a US$6B charge comes new thoughts about GE's future

With a US$6B charge comes new thoughts about GE's future It has underperformed by 4.60% the S&P500. Founders Capital Management Llc increased its stake in A T & T Corp New (T) by 5.72% based on its latest 2017Q3 regulatory filing with the SEC. Moreover, B And T Dba Alpha has 0.59% invested in Interactive Brokers Group, Inc. (NYSE:T). Ls Investment Advisors Limited Liability reported 531,581 shares. [Full Article...]

Cryptocurrency Investors See Red - Should We Be Worried?

According to CoinMarketCap , the cryptocurrency closed at United States dollars 19475.80 on December 17 and at the time of reporting was trading at USD 12,120. Nigel Green, deVere Group's founder and CEO, was in exuberant voice: "History will teach us that 2017 was the year that digital currencies came into the mainstream", he said . [Full Article...]

(NYSE:XOM) Shares Bought by Sky Investment Group LLC

Looking further out we note that the shares have moved 5.75% over the past 4-weeks, 9.73% over the past half year and 5.23% over the past full year. Ocwen Financial Corporation (NYSE:OCN) has risen 72.00% since January 16, 2017 and is uptrending. [Full Article...]

Limited Edition Monster Hunter World PS4 Pro Bundle Looks Awesome

Limited Edition Monster Hunter World PS4 Pro Bundle Looks Awesome It's one of an array of environments you'll find across Monster Hunter: World's expansive world , and like the Coral Highlands or Wildspire Waste, the Rotten Vale is teeming with wildlife ripe for hunting. The game's beta went down well with players, and if Famitsu's review is anything to go by, the final game looks set to be a real treat. The last beta will include the previously released Gr... [Full Article...]

McDonald's Sets New Packaging, Recycling Goals

McDonald's Sets New Packaging, Recycling Goals Now only half of it's packaging is made from sustainable materials and only 10 per cent of them recycle it. Francesca DeBiase, McDonald's chief supply chain and sustainability officer, said the world's largest restaurant company had a responsibility to use its size and scale to improve recycling. [Full Article...]

Congress and drought are twins: Modi

Congress and drought are twins: Modi The Congress says that the foundation stone for the Barmer refinery was laid by then party chief Sonia Gandhi when the Ashok Gehlot government was in power in 2013, and blames the Raje government for delaying the project. They nationalized the banks but the doors of the banks were never allowed to be opened for the poor. He mentioned the Jan DhanYojana, and said that the poor have now go... [Full Article...]

Singapore, Malaysia sign bilateral agreement for Rapid Transit System Link

Singapore, Malaysia sign bilateral agreement for Rapid Transit System Link A short 1km causeway has seen the record of 12 hours standstill, squandering away precious manpower hours of hundreds of thousands of commuters. Passengers travelling in either direction will clear both Malaysia and Singapore authorities at the point of departure, and need not go through immigration clearance again at the point of arrival. [Full Article...]

Johnson & Johnson (JNJ) Holdings Reduced by Meeder Asset Management Inc

The stock increased 3.54% or $0.82 during the last trading session, reaching $24. About 5.45 million shares traded. It is down 38.20% since January 16, 2017 and is uptrending. D Scott Neal holds 0.1% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 1,277 shares. Probity Advisors Inc. boosted its position in shares of Johnson & Johnson by 2.8% during the third quarter. [Full Article...]

US lawmakers urge AT&T to cut commercial ties with Huawei

US lawmakers urge AT&T to cut commercial ties with Huawei Huawei has battled accusations that it poses a U.S. national security threat for several years, while Chinese company ZTE has also come under fire for its worldwide practices. In 2012, Huawei and fellow Chinese telecom equipment maker ZTE were the subject of a U.S. investigation into whether their equipment provide an opportunity for foreign espionage and threaten critical usa infrastructu... [Full Article...]

Citigroup reports steep fourth quarter losses tied to U.S. tax reform

Citigroup reports steep fourth quarter losses tied to U.S. tax reform Excluding the effects of the tax revamp, the financial giant's net income was up four percent over the same quarter of 2016 at $3.7 billion, or $1.28 per share. Citigroup also took at one-time, non-cash charge of about $22 billion for the quarter. The bank expects its effective tax rate to fall to 25 percent from its current 30 percent level. [Full Article...]

Premier Foods third-quarter sales up 4%, strategic partnerships help

Premier Foods third-quarter sales up 4%, strategic partnerships help Overall sales from Premier's Sweet Treats division rose 2.2% year on year, despite the decline in branded sales, and were bolstered by a 19.6% surge in non-branded sales. Premier said media advertising of gravy brands Bisto and Oxo also helped their sales grow in the quarter. Meanwhile, sales of Mr Kipling cakes were also lower in the quarter, again following a move to more optimal promotional act... [Full Article...]

Manx Telecom's (MANX) "Buy" Rating Reiterated at Liberum Capital

Manx Telecom's (MANX) It has outperformed by 41.94% the S&P500. Saga plc provides insurance, travel, personal finance, and healthcare services and products in the United Kingdom. The firm has "Hold" rating by Wells Fargo given on Wednesday, September 20. The stock has "Overweight" rating by Barclays Capital on Friday, October 2. [Full Article...]

BlackBerry launches cybersecurity product called Jarvis to stop driverless cars getting hacked

BlackBerry launches cybersecurity product called Jarvis to stop driverless cars getting hacked Jarvis will be offered to auto makers as a pay-as-you-go service, which they can use to alleviate some of the concerns that fleets of driverless cars zipping along public roads make tantalising targets for hobby hackers and pro cyber crooks alike. [Full Article...]

Alibaba & Microsoft's AI beat humans in reading comprehension test

Alibaba & Microsoft's AI beat humans in reading comprehension test In a tweet postedby Pranav Rajurkar, the AI systems beat humans in a Stanford Question Answering Dataset (SQuAD ) test. A similar technology from Microsoft Research Asia scored 82.640, also beating the humans in January 3 tests. The win has wider implications about the way companies deploy machine learning to replace customer service jobs that have so far relied on armies of call-centre emp... [Full Article...]

BP to take $1.7B Deepwater Horizon charge

BP to take $1.7B Deepwater Horizon charge The blast killed 11 men off the coast of Louisiana and caused 507-million litres of oil to spew into Gulf waters, sparking the worst environmental catastrophe in United States history. In 2012, BP agreed to a $7.8bn medical settlement that would compensate victims up to $60,700 per person and allowed people to file further claims if they developed serious health problems. [Full Article...]

European Union says 'hearts still open' to Brexit reversal

European Union says 'hearts still open' to Brexit reversal Leading Brexit campaigner Nigel Farage surprisingly pushed the issue back onto the agenda last week when he said he was increasingly open to the idea of a second referendum. Despite much of the establishment media having appeared to buy into the narrative that Brussels holds all the cards in the Brexit talks and the United Kingdom is at its mercy, evidence is mounting that European Union leaders a... [Full Article...]

DC-area forecast: Light snow tonight into Wednesday, warmer by the weekend

DC-area forecast: Light snow tonight into Wednesday, warmer by the weekend Overnight, snow levels will drop to the valley floors and plains but most of the accumulation will be in the mountains. A cold front is forecast to cross the area Tuesday night into Wednesday , bringing limited moisture. "This looks like a case of the moisture (what little there is) being chased by the colder air which historically does not result in much, if any, snow accumulation for our ar... [Full Article...]

Southwest Airlines' (LUV) "Buy" Rating Reaffirmed at Cowen

About 743,071 shares traded. Southwest Airlines Co. ( LUV ) saw 342 million in free cash flow last quarter, representing a quarterly net change in cash of -77 million. (NYSE:LUV) has "Overweight" rating given on Thursday, December 14 by Atlantic Securities. The institutional investor held 348,925 shares of the marine transportation company at the end of 2017Q3, valued at $22.53 million, down fro... [Full Article...]

Shell spends $1bn to redevelop North Sea Penguins field

Shell spends $1bn to redevelop North Sea Penguins field Shell is going ahead with the redevelopment of the Penguins oil and gas field in the UK North Sea, the oil major said on Monday in its first major oil project sanction in the North Sea in six years . Trade group Oil & Gas U.K. said the commitment to the North Sea from the Dutch supermajor is a vote of confidence. Production in the UK North Sea has steadily declined since the late 1990s, but has... [Full Article...]

GameStop (GME) Trading Down 11%

About 15.88 million shares traded. Renasant Corporation (NASDAQ:RNST) has risen 22.29% since January 15, 2017 and is uptrending. It has outperformed by 16.40% the S&P500. The third largest holder is Dimensional Fund Advisors Lp, which now holds $170.38 million worth of this stock and that ownership represents almost 9.68% of its market capitalization. [Full Article...]


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