Business

International Monetary Fund downgrades United Kingdom outlook and warns on spending cuts

International Monetary Fund downgrades United Kingdom outlook and warns on spending cuts At the same annual health check on the United Kingdom economy, last delivered in May 2016, the International Monetary Fund had predicted a possible recession if Britain voted to leave the EU . The IMF welcomed the progress in Brexit talks, which are expected to culminate in "understandings on a broad free trade agreement and on the transition process". [Full Article...]

'Stranger Things' star takes hilarious senior pictures with fan under 3 conditions

'Stranger Things' star takes hilarious senior pictures with fan under 3 conditions It was insane. I like to say the word weird, but it's not weird because weird sounds not good. You're kidding me. @ ErickaElizabth DM me please to get the ball rolling. David asked Fregoso to send him a direct message, and planning began for the photo session. The actor is fresh off winning a Critics Choice Award for his role as Chief Hopper on the Netflix Original series Stranger Things and... [Full Article...]

Philadelphia Among 20 Finalist For Amazon 2nd Headquarters

At least 238 cities and regions in the United States and Canada applied. Amazon's first headquarters in Seattle has more than 40,000 employees and includes 33 buildings totaling 8.1 million square feet, according to the company's website. [Full Article...]

International Business Machines Corporation (NASDAQ:IBM) Expected To Report Earnings On Thursday

International Business Machines Corporation (NASDAQ:IBM) Expected To Report Earnings On Thursday International Business Machines Corporation (NYSE: IBM ) has risen 4.86% since January 17, 2017 and is uptrending. It has underperformed by 13.15% the S&P500. British Columbia - Canada-based British Columbia Management Corporation has invested 0.29% in Biogen Inc. (NYSE:CLGX). Wellington Management Grp Limited Liability Partnership has invested 0% in CoreLogic, Inc. [Full Article...]

Chrysler recalls 1.48m trucks over shifter issue

Chrysler recalls 1.48m trucks over shifter issue The company says the brake-transmission shift interlock device can fail due to long-term exposure to high interior temperatures linked to an electrical problem. Court settlement master Ken Feinberg said at a court hearing in San Francisco Tuesday that "term sheets" or proposed settlement documents have been exchanged between Fiat Chrysler and diesel owner lawyers. [Full Article...]

Kinder Morgan reports 4Q loss

The stock of SmartFinancial, Inc. The stock decreased 0.32% or $0.055 during the last trading session, reaching $17.095. (NYSE: KMI ) has an average volume of 13.64 Million. (NYSE: KMI ). Stifel Corp reported 855,522 shares or 0.06% of all its holdings. They issued a "neutral" rating for the company. The firm has "Outperform" rating given on Friday, October 28 by Hovde Group. [Full Article...]

Put petroleum products, real estate under GST

Put petroleum products, real estate under GST A pre-budget meeting with the state finance ministers will also be held by Finance Minister Arun Jaitley . Inter-state e-way bill compliance was approved in the last GST council meeting, which will be effective from February 1, 2018. "The introduction of a unified tax system is undoubtedly beneficial to the common man". A key memo for the conference will be to calculate the reasons for the go... [Full Article...]

Hess Corporation (HES), Cenovus Energy Inc. (CVE) — Recommendation Trends Analysis

Hess Corporation (HES), Cenovus Energy Inc. (CVE) — Recommendation Trends Analysis It has outperformed by 7.33% the S&P500. Heartland Advisors Inc increased its stake in Hess Corp ( HES ) by 19.45% based on its latest 2017Q3 regulatory filing with the SEC. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Therefore 89% are positive. [Full Article...]

Has $983000 Stake in Marathon Petroleum Corp (MPC)

Following the completion of the transaction, the vice president now owns 32,205 shares of the company's stock, valued at $2,005,083.30. 665.82 million shares or 1.16% less from 673.63 million shares in 2017Q2 were reported. It also reduced its holding in Wells Fargo Co New (Prn) by 8,000 shares in the quarter, leaving it with 20,606 shares, and cut its stake in Great Westn Bancorp Inc (NYSE:GWB). [Full Article...]

Stamp duty cut fails to boost flagging housing market

Stamp duty cut fails to boost flagging housing market The latest RICS and Ulster Bank Residential Market Survey for December shows that Northern Ireland continues to buck the overall United Kingdom picture, with prices and sales activity continuing to rise and further increases expected. The research indicates that a lack of supply remains an issue, with new instructions to sell broadly flat in December and enquiries from new buyers increasing over... [Full Article...]

How Emirates Airline Just Singlehandedly Saved the Airbus A380

How Emirates Airline Just Singlehandedly Saved the Airbus A380 The company has suggested further A380 production could be threatened if key customer Emirates did not order any more. Moreover, purchasing trends have skewed towards smaller, more fuel efficient models like the Boeing 787 or Airbus A350. [Full Article...]

Primark owner AB Foods maintains guidance after…

Primark owner AB Foods maintains guidance after… Its sugar business lagged in the four-month period, with revenue from continuing operations down 12 per cent at constant currency rates and 13 per cent behind at actual exchange rates. Profit growth is expected for the full year. This was followed by good trading in the five weeks leading up to Christmas. Meanwhile the group said that the reduction in the United States federal tax rate, applic... [Full Article...]

Ann Curry on Matt Lauer Sexual Misconduct Allegations

Ann Curry on Matt Lauer Sexual Misconduct Allegations In an interview on CBS This Morning (the video of which you can watch above), when asked about the allegations against Lauer , she said "I can tell you that I am not surprised by the allegations". She also admitted that she now knows "what it's like to be humiliated", and would never wish it on anyone else. "I'm trying to do no mischief in this conversations", she said. [Full Article...]

Validus Holdings LTD (NYSE:VR) Institutional Investor Sentiment Is 0.92

Validus Holdings LTD (NYSE:VR) Institutional Investor Sentiment Is 0.92 It has outperformed by 6.84% the S&P500. Dsm Capital Partners Llc decreased its stake in Alibaba Group Holding ( BABA ) by 1.58% based on its latest 2017Q3 regulatory filing with the SEC. The firm has "Outperform" rating given on Tuesday, August 11 by Oppenheimer. Credit Suisse maintained BlackRock, Inc. The stock of ONEOK, Inc. The rating was maintained by Stifel Nicolaus with "Hold" on Thurs... [Full Article...]

Costa predicts tough year ahead

Costa predicts tough year ahead Total group sales growth was 5.6 per cent for the 13 weeks to 30 November, although group United Kingdom like-for-like sales were 0.3 per cent. Costa owner Whitbread warned of tough conditions in the United Kingdom today, as it unveiled sluggish comparable sales growth in the 13 weeks to 30 November 2017. [Full Article...]

Apple, Google buses damaged on I-280

Apple, Google buses damaged on I-280 Both Apple and local police did not disclose information about the damage. Five of the attacks happened in the morning and evening on Tuesday between Highway 84 in Woodside and Highway 85 in Cupertino. CHP said the buses were attacked with some sort of projectile while on interstate 280 between Cupertino and San Francisco. The buses have become symbols of gentrification and the perception that... [Full Article...]

Infiniti Is Building An Electric Car

Infiniti Is Building An Electric Car By 2025, Infiniti wants over half of its global sales to consist of electric vehicles. In 2012, the company unveiled the Infiniti LE concept at the NY auto show - a model that would have been an upgraded variation of the Nissan Leaf. Revealed at the 2018 Detroit Auto Show , but obviously photographed elsewhere, the Infiniti Q Inspiration Concept foreshadows an upcoming flagship sedan featurin... [Full Article...]

Wells Fargo & Company (WFC): Scrutinizing the Chart

The stock increased 0.66% or $0.39 during the last trading session, reaching $59.17. About 11.20 million shares traded. Textron Inc. (NYSE:TXT) has risen 23.87% since January 18, 2017 and is uptrending. Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on February, 8. The Office of the Comptroller of the Currency has been weighing a new enforcement action against the bank relate... [Full Article...]

Arrest in alleged Goldman wine theft

Arrest in alleged Goldman wine theft DeMeyer's apartment in Manhattan in October 2016. A spokesman for Goldman Sachs identified the executive as David Solomon, the firm's president and co-chief operating officer. The average price of a bottle of the pinot noir from Burgundy is $17,134, according to Wine-searcher.com. The indictment doesn't specify the vineyard, vintage or size of those bottles. [Full Article...]

C$ rallies as BoC hikes rates despite NAFTA cloud

C$ rallies as BoC hikes rates despite NAFTA cloud Another hike, let alone two or three, is hardly baked in the cake. The Canadian dollar changed little against the greenback in a Wednesday's seesaw session after the Bank of Canada hiked interest rates and indicated confidence in the outlook for the economy, but sounded a cautious tone on the future of NAFTA. [Full Article...]


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