Economy

Elon Musk Thanks UPS For Purchasing 125 Tesla Semi Trucks

Elon Musk Thanks UPS For Purchasing 125 Tesla Semi Trucks Morgan Stanley analyst Adam Jonas has been keeping a close eye on the Tesla Semi , and he writes in a new investor note that pre-orders for Tesla's all-electric semi-truck may already be as high as 1,230. Tesla routinely misses target launches and production ramps, though. The trucks are a step in that direction and in making the company more green. For those who want their truck in a hurry, a ... [Full Article...]

S&P, Dow Open Higher as Tax Bill Vote Draws Near

S&P, Dow Open Higher as Tax Bill Vote Draws Near The tax overhaul, which is biggest in recent history, aims to lower corporate taxes to 21 per cent from 35 per cent. Craig Erlam, senior market analyst at Oanda , said: "Tax reform was one of the key initiatives that contributed to Donald Trump's election victory previous year as he vowed to revitalise a sluggish United States economy". [Full Article...]

Schlumberger LTD (SLB) Stake Raised by Dodge & Cox

Recent insider trends for Schlumberger Limited (NYSE: SLB ) have caught the attention of investors. It has underperformed by 20.00% the S&P500. Sei Investments has 755,660 shares. Since January 1, 0001, it had 0 insider purchases, and 1 sale for $42,797 activity. The stock was sold at an average price of $62.63, for a total transaction of $219,205.00. [Full Article...]

Best stock that multiplies your investments: Delta Air Lines, Inc. (NYSE: DAL)

Best stock that multiplies your investments: Delta Air Lines, Inc. (NYSE: DAL) About 228,370 shares traded or 129.84% up from the average. Zacks' earnings per share calculations are an average based on a survey of sell-side research firms that cover Delta Air Lines. Stifel Nicolaus maintained Boston Properties, Inc. (NASDAQ:SNCR) rating on Wednesday, November 29. The company was upgraded on Tuesday, September 1 by Deutsche Bank. [Full Article...]

Executive acknowledged miserable mood at Ryanair in meeting with pilots

Executive acknowledged miserable mood at Ryanair in meeting with pilots A German union representing flight attendants criticized budget carrier Ryanair on Tuesday, saying the airline was refusing to meet with them to discuss pay and conditions. The first ever talks between unions and management at Ryanair will take place later . Ryanair's chief people officer Eddie Wilson said earlier last week the company's long-standing policy of not recognising workers' group... [Full Article...]

London gets first-ever female bishop

London gets first-ever female bishop The first woman to hold the title Bishop of London has hit out at inequality and declared she wants more diversity among Church leaders. "Having lived and worked in London for over 32 years, the thought of returning here is about returning home", she said. [Full Article...]

Investor Watchlist: Express Scripts Holding Company (NasdaqGS:ESRX) Shares Under The Lens

Since October 16, 2017, it had 0 insider purchases, and 1 insider sale for $6.13 million activity. It has underperformed by 16.70% the S&P500. Capital Counsel Llc decreased its stake in Express Scripts Holding Co ( ESRX ) by 61.87% based on its latest 2017Q2 regulatory filing with the SEC. [Full Article...]

Train speeding 50 mph over limit before deadly derailment

Train speeding 50 mph over limit before deadly derailment PTC, the technology that automatically slows down and stops a train if it senses that it's going too fast or might get into an accident, had been installed on the track, but wasn't operational yet, said Geoff Patrick, Sound Transit spokesman. [Full Article...]

Rite Aid Corporation (NYSE:RAD) Shorts Decreased by 7.95% After Short Covering

The company reported the earnings of $-0.01/Share in the last quarter where the estimated EPS by analysts was $-0.01/share. Hbk Invs L P invested in 1.14 million shares or 0.03% of the stock. The share price has already crossed its 20 days moving average, floating at a distance of 5.22% and sits 2.61% higher versus its 50 days moving average. [Full Article...]

United States trade court to rule on Bombardier tariffs

The U.S. International Trade Commission is hearing arguments Monday in the case, with the tribunal expected to give its final ruling next month. "There's no one there to bail us out if we misstep", Boeing commercial airplanes CEO Kevin McAllister said in his testimony. [Full Article...]

Troubled Toys R Us ordered to find £9m for pension pot

Troubled Toys R Us ordered to find £9m for pension pot Toys R Us announced its restructuring plans earlier this month, proposing the closure of stores in Shrewsbury and at St Andrews in Birmingham, but retaining its shops at Merry Hill, Stafford and Oldbury. "Whatever the outcome of the CVA the pension scheme members can be reassured that they remain protected". The retailer, which has 84 stores and employs 3,200 staff in the United Kingdom, has bee... [Full Article...]

ESPN president John Skipper resigns, citing substance addiction issues

ESPN president John Skipper resigns, citing substance addiction issues As he announced the news that ESPN President John Skipper resigned as he battles a substance abuse addiction, an emotional Le Batard broke down in tears and could hardly read through Skipper's statement. "I will always appreciate the human understanding and warmth that Bob [Iger, chief executive officer] displayed here and always". Skipper, 61, joined ESPN in 1997 with the title of senior ... [Full Article...]

Virgin Hyperloop One raises $50M, names Richard Branson as chairman

Virgin Hyperloop One raises $50M, names Richard Branson as chairman In October, we wrote about Sir Richard Branson's Virgin Group has invested an undisclosed amount in Hyperloop One , the frontrunner of a number of companies competing to bring Elon Musk's futuristic vision of a magnetically-propelled high-speed transport system to life. [Full Article...]

Ola to acquire Foodpanda India

Ola to acquire Foodpanda India The deal will see Ola scoop up the Foodpanda India business with DeliveryHero taking an undisclosed amount of Ola stock in exchange. Saurabh Kochhar, CEO of Foodpanda India has made a decision to move on and will not continue with the company. [Full Article...]

Marathon Petroleum Corporation (MPC) Consensus EPS Outlook

About 8.77 million shares traded or 144.67% up from the average. The Home Depot, Inc. In related news, VP Rodney P. Nichols sold 6,374 shares of Marathon Petroleum stock in a transaction dated Thursday, December 14th. Secor Cap Advisors Lp stated it has 177,173 shares or 0.84% of all its holdings. Bancorporation Of Montreal Can accumulated 2.46M shares. 206 are held by D Scott Neal. [Full Article...]

White House officially blames North Korea for massive 'WannaCry' cyberattack

White House officially blames North Korea for massive 'WannaCry' cyberattack CNN reported in June that United Kingdom intelligence believed a group associated with the North Korean government was behind the attack, and The Washington Post reported around the same time that the National Security Agency had reached a similar conclusion. [Full Article...]

Brokers Recommendations on: Digital Realty Trust Inc. (DLR)

The stock increased 1.52% or $0.28 during the last trading session, reaching $18.67. About 129,115 shares traded. Physicians Realty Trust (NYSE:DOC) has risen 9.56% since December 18, 2016 and is uptrending. Arcadia Inv Mngmt Mi reported 1,989 shares or 0.02% of all its holdings. (NYSE:PFE) stake by 65,053 shares to 3.46M valued at $116.06M in 2017Q2. Virginia Retirement Et Al reported 70,400 shar... [Full Article...]

Local gas prices retreat to pre-Harvey levels

Local gas prices retreat to pre-Harvey levels In Rhode Island, gas prices are 12 percent higher this year than they were last year when the average price of gas was $2.24 per gallon. "More than 97 million Americans will begin to hit the road this week for the holidays - the most ever on record", said Jeanette Casselano, AAA spokesperson. [Full Article...]

CSX railroad CEO Harrison dies at 73

CSX railroad CEO Harrison dies at 73 Harrison began his career in 1964 at Saint Louis-San Francisco Railway. Three top executives quit , including chief operating officer Cindy Sanborn and chief marketing officer Fredrik Eliasson. But questions have emerged about his health. Mr Harrison's former employer, Canadian Pacific, said it would lower its flags to half-mast across its network. [Full Article...]

China's Nio Competes with Tesla's Model X

China's Nio Competes with Tesla's Model X Unveiled earlier this year, the ES8 is a "high performance electric SUV" that features a bold design which will likely provoke strong reactions. The NIO ES8 comes standard with an adaptive air suspension and an all-aluminum body. The new ES8 will launch with 15 active safety and convenience features including Highway Pilot, traffic jam assist, and automatic emergency braking. [Full Article...]


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