Economy

Buffalo Wild Wings announces merger with Arby's

Roark's offer is at a 34 percent premium to the stock price on November 13, the last trading day before media reports that private equity firm had made an offer of more than $150 per share. The chain has faced its share of challenges in recent quarters. When Buffalo Wild Wings in 2003 filed to sell shares to the public, it had 217 locations in 27 states, 77 that it owned directly and the rest ... [Full Article...]

Two planes clip wings at New York's JFK airport

Two planes clip wings at New York's JFK airport Flying to London is the Airbus A333 of Virgin Atlantic touched his right wing plane Boeing 777 company EgyptAir ready to be shipped to Cairo. Virgin Atlantic plane had to be towed. The incident happened at 7:05 p.m., according to the Port Authority of NY and New Jersey. VS4: " We can confirm he has hit the left hand wing for the Virgin ". [Full Article...]

Adobe Says Cyber Monday Set New Record with $6.6 Billion

Adobe Says Cyber Monday Set New Record with $6.6 Billion Adobe had originally forecast total online spending on Monday to surpass $6.5 billion, which would have been enough to make the cyber holiday the largest digital shopping day in USA history. Not only is the volume nearly four times larger, but the growth rate is more than double higher than for Cyber Monday. In the USA, early reports indicate a healthy 16% to 18% rise in online sales this Blac... [Full Article...]

(AMZN) Downgraded to Sell at Vetr Inc

Bank of America maintained the shares of GIMO in report on Thursday, June 22 with "Hold" rating. The stock's last price was higher from the average trading price of 50 days recorded at $15.19 while enlarging the period to 200 trading days, the average price was $14.59. [Full Article...]

Sensex, Nifty Fall In Opening Trade, Pharma Stocks Surge

Sensex, Nifty Fall In Opening Trade, Pharma Stocks Surge After rising for eight straight sessions, Sensex , Nifty fall in the opening trade on Tuesday. Investors are gearing up for a big week, with U.S. Shares of Glenmark Pharmaceuticals slipped 2% after the USFDA issued Form 483 with seven observations for its Baddi plant in Himachal Pradesh, the company said in the BSE filing. [Full Article...]

Giving Tuesday: Tips For Those Looking To Donate

Giving Tuesday: Tips For Those Looking To Donate No matter what charity or cause you choose to support, you'll make a difference in the local community. "This is a very important opportunity that people have", said Eddie Lee Herndon, President of the United Way of Fort Smith area. After a long holiday weekend of shopping, Americans are urged to focus their efforts on end-of-year giving. Check an organization's registration status: Charitie... [Full Article...]

Russian Federation loses contact with new weather satellite

Russian Federation loses contact with new weather satellite Rocosmos said that the satellite had not reached its designated orbit and that it could not make contact with it, according to experts that were analysing the situation. National television showed live footage of the Soyuz-2.1 booster launch on November 28 from the Amur Oblast near the Chinese border. This was the second launch from the Vostochny spaceport. [Full Article...]

Bank of England says United Kingdom lenders can handle 'disorderly' Brexit

Bank of England says United Kingdom lenders can handle 'disorderly' Brexit This is the first time since the BoE began stress tests in 2014 that no bank needs to strengthen its capital position. Mark Carney, governor of the Bank of England , said: "The FPC is taking action to ensure the financial system is resilient to a very broad range of risks so that the people of the United Kingdom can move forward with confidence that they can access the financial services they w... [Full Article...]

Exxon Mobil Corporation (XOM): What are the Technicals Saying?

Exxon Mobil Corporation (XOM): What are the Technicals Saying? According to 16 stock analysts, BlackBerry Limited, is being kept at an average Hold, rating, with at least 8.97% of shares outstanding that are now legally short sold. Six research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the company. [Full Article...]

Stocks Rating Report: Frontier Communications Corporation (FTR), Wells Fargo & Company

Stocks Rating Report: Frontier Communications Corporation (FTR), Wells Fargo & Company WFC's SI was 30.33 million shares in November as released by FINRA. Ramsay Stattman Vela Price holds 104,891 shares or 2.53% of its portfolio. Wells Fargo & Company ( WFC ) is an interesting player in the Financial space, with a focus on Money Center Banks. [Full Article...]

YouTube loses major advertisers over controversial videos

YouTube loses major advertisers over controversial videos Recently a report from BuzzFeed News has uncovered a rather disturbing trend, which is that there are quite a number of videos on YouTube that have disguised themselves a family-friendly, when in reality they are not. Last year Google experimented with YouTube Go , a low-data-usage version of the user-generated video streaming platform, specifically meant for countries where data costs ar... [Full Article...]

Beer on Mars? Budweiser plans to send barley to space

Beer on Mars? Budweiser plans to send barley to space Budweiser's innovation team selected barley to be the focus of the first two experiments in space. Image: Budweiser to send barley in outer space. Budweiser's barley will catch a ride to the ISS during SpaceX's CRS-13 cargo supply mission December 4. The shipment is likely to go up on the next cargo supply mission, Space X's CRS-13. [Full Article...]

Australia: nbn HFC roll-out on hold

Australia: nbn HFC roll-out on hold The NBN has just canned the roll-out of high-speed broadband via the old Pay TV network as it struggles to deal with reliability issues. The plan is that by the end of the project in 2020 that nearly 3 million premises will connect to the NBN via HFC, so its incredibly important this is done right. [Full Article...]

U.S. charges 3 Chinese nationals with Siemens, Moody's hacking

U.S. charges 3 Chinese nationals with Siemens, Moody's hacking In 2014, they are alleged to have gained access to Siemens where they stole 407GB of data relating to the company's technology along with employee usernames and passwords. The indictment was filed in September and the Chinese government has been aware of it, prosecutors said. Moody's did not confirm or deny that, but said it had "worked closely" with the investigation, and had not lost any cust... [Full Article...]

TransCanada asks Nebraska to reconsider Keystone order that approved alternative route

TransCanada asks Nebraska to reconsider Keystone order that approved alternative route The Keystone outage roiled crude oil prices on both sides of the border as market players anticipated a glut of crude building up in Alberta while inventories fell in the US futures trading hub of Cushing, Oklahoma. Nebraska regulators approved an alternative to TransCanada's preferred route on November 20 that adds about eight kilometres to the length and shifts it further east away from se... [Full Article...]

AAA: Year-end gas prices to be highest since 2014

AAA: Year-end gas prices to be highest since 2014 Chatter about the potential extension propelled crude oil prices about $4 higher to almost $60 a barrel on the New York Mercantile Exchange last week, though West Texas Intermediate crude had rolled back to $58.08 in midday trading on Monday. [Full Article...]

Piers Morgan tells Olly Murs to "stop tweeting" during Oxford Street panic

Piers Morgan tells Olly Murs to Police initially treated the reported gunfire as a possible terrorism incident and social media was filled with alarming false reports about shooting at several locations. But police later said they found no evidence of any incident, and tweeted: "Our response on #OxfordStreet has now been stood down". He went on to say that he wasn't sure what happened but "people [are] screaming and running to... [Full Article...]

Court orders Uber Israel to halt services

Court orders Uber Israel to halt services An Israeli court on 27 November banned the worldwide ride-sharing service Uber from operating in Israel because the company uses drivers reportedly lacking proper licenses and insurances . Gett Taxi and the Association of Taxi Drivers have filed suit against the company. The Transport Ministry issued an indictment against Uber last May, alleging that its cars picked up passengers for a fee wi... [Full Article...]

Bitcoin cracks $9600 just hours after breaking $9000 level

Bitcoin cracks $9600 just hours after breaking $9000 level With bitcoin's price explosion, the total market capitalization for the cryptocurrency market has surpassed $300 billion for the first time . Bitcoin surged to yet another new record high on Monday, breaking a record set during the Thanksgiving weekend stateside. Commenting on the latest rally above $9000 in past 48 hours, analysts from the trading platform - IG Group said " Bitcoin h... [Full Article...]

Online sales top $5 billion on Black Friday, report shows

Online sales top $5 billion on Black Friday, report shows The sales are also up 17.9 percent from a year ago. Digital sales reached a record $5.03 billion, among the top sellers were Roku and the Nintendo Switch. Experts predict it could even beat Black Friday to become Britain's biggest shopping day, as online retailers slash prices and continue deals for the culmination of the four-day pre-Christmas shopping event. [Full Article...]


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