Economy

Kenya eyes increased tourist flow from United States with launch of direct flights

Kenya eyes increased tourist flow from United States with launch of direct flights Those booking early will be able to get tickets for as low as $815 (Ksh.84,000) with returns return tickets set to retail from Ksh.106,000. The airline will operate its state of the art Boeing 787 Dreamliner with a capacity of 234 passengers. [Full Article...]

SPDR MSCI World StrategicFactors ETF (QWLD) Rises 0.24% for Jan 10

SPDR MSCI World StrategicFactors ETF (QWLD) Rises 0.24% for Jan 10 A reading between 0 and -20 would point to an overbought situation. A sell signal occurs when the CMF value crosses from above the 0 line to below the 0 line. A value of 25-50 would support a strong trend. Presently, the 14-day ADX is resting at 21.95. Presently, Civitas Solutions Inc (CIVI)'s Williams Percent Range or 14 day Williams %R is resting at -60.71. [Full Article...]

Bella Thorne's Boyfriend Defends Her Against Rob Lowe After Mudslide Tweet

Bella Thorne's Boyfriend Defends Her Against Rob Lowe After Mudslide Tweet Bella's dating rapper Mod Sun , the guy she was trying to get to when she ignorantly tweeted about being inconvenienced by the mudslides blocking the 101 freeway. Lowe, who lives in the area affected, shared footage of the devastation online on Wednesday, writing: "More awful stories of loss today". Friends missing, some gone forever. [Full Article...]

GKN shares jump 26% after announcing rejected bid from Melrose

GKN shares jump 26% after announcing rejected bid from Melrose Melrose , valued at 4.16 billion pounds ($5.7 billion) at the close on Thursday, specialises in buying companies that it can improve through investment and cost cuts with the aim of selling them at a profit. In its own statement, released mid-morning Melrose said it believes that there would be "significant operational and commercial benefits arising from Melrose's ownership of GKN's businesse... [Full Article...]

Intel keynote misses the mark on Meltdown and Spectre vulnerabilities

Intel keynote misses the mark on Meltdown and Spectre vulnerabilities Intel and several other chipmakers have admitted to the mistakes they made in their chips. The move, which was allegedly held while Intel knew about the vulnerabilities, left Krzanich with just 250,000 shares - the bare minimum required by Intel under the terms of his employment. [Full Article...]

Retail Sales Grew 0.4% in December

Retail Sales Grew 0.4% in December Gasoline station sales are up 12.5% since December 2016. "Consumers are still buying but where they are buying, and how they are buying is changing and will continue to evolve as price transparency increases and e-commerce and brick-and-mortar operations of retailers continue to converge into one seamless consumer experience", he said . [Full Article...]

HP Inc leads amid falling global PC shipments: Gartner

HP Inc leads amid falling global PC shipments: Gartner Figures released by IDC indicate the market enjoyed its first positive holiday quarter shipment growth in six years, with shipments totalling 70.6 million units for a 0.7% increase year-on-year. Gartner principal analyst Mikako Kitagawa says, "In the fourth quarter of 2017, there was PC shipment growth in Asia/Pacific, Japan and Latin America and there was only a moderate shipment decline in EMEA"... [Full Article...]

Kier Group's (KIE) "Buy" Rating Reiterated at Peel Hunt

Kier Group's (KIE) The stock was acquired at an average price of GBX 1,022 ($13.86) per share, for a total transaction of £8,942.50 ($12,127.07). About 217,061 shares traded. N+1 Singer reiterated their corporate rating on shares of Eckoh PLC (LON:ECK) in a report issued on Wednesday. The stock of boohoo.com plc (LON:BOO) earned "Buy" rating by Shore Capital on Tuesday, August 9. [Full Article...]

Delta Air Lines Inc Earnings Advance 13% In Q4

Delta Air Lines Inc Earnings Advance 13% In Q4 Parametric Portfolio Associates LLC now owns 2,414,031 shares of the transportation company's stock worth $129,730,000 after purchasing an additional 1,412,117 shares in the last quarter. ( DAL ) opened at $58.52 on Friday. Shares for $4.10 million were sold by Bastian Edward H . Hl Fin Svcs Ltd Liability invested in 64,716 shares. Data source: Delta Air Lines Q4 earnings releases. [Full Article...]

President Trump denies making vulgar comments during immigration meeting

President Trump denies making vulgar comments during immigration meeting President Donald Trump lashed out Wednesday at a federal judge who's temporarily blocked him from ending protections for almost 800,000 young immigrants. Media reports also said the Democratic plan would eliminate the visa lottery - as required by Trump - but would then assign the green cards to another Democrat-favored group, the roughly 300,000 "Temporary Protect Status" migrants. [Full Article...]

Activision Blizzard (ATVI) Upgraded to "Strong-Buy" at Vetr

It has outperformed by 31.13% the S&P500. Activision Blizzard, Inc . (NASDAQ: ATVI ) earnings have risen with a quarterly rate of 6.8% over the last 5 years. (NASDAQ: ATVI ) shares were sold by Durkin Dennis M. On Wednesday, August 16 ZACCONI RICCARDO sold $1.21 million worth of Activision Blizzard, Inc . [Full Article...]

Noble Midstream Partners LP (NBLX) Given Consensus Rating of "Buy" by Brokerages

Noble Midstream Partners LP (NBLX) Given Consensus Rating of White Pine Capital Llc sold 34,140 shares as Aerovironment Inc (AVAV)'s stock rose 14.39%. The Tortoise Capital Advisors Llc holds 14.24 million shares with $1.01B value, up from 13.52M last quarter. Monitoring the numbers for Enable Midstream Partners LP (ENBL), we have recorded that the Percentage Price Oscillator is now higher than the signal line. [Full Article...]

Wow, Looks Like Mark Wahlberg is a Pretty Slippery Snake

Wow, Looks Like Mark Wahlberg is a Pretty Slippery Snake Director Ridley Scott confirmed to USA Today that he did not take a check for the reshoot. 'What (Wahlberg) said was, "I will not approve Christopher Plummer unless you pay me.'" And that's how he (expletive) them, ' says one person who spoke to the publication under the condition of anonymity. [Full Article...]

Revenue Estimates Analysis International Business Machines Corporation (IBM)

International Business Machines Corporation (NYSE: IBM ) last released its earnings results on Thursday, January 19th. It has underperformed by 11.84% the S&P500. Its down 0.15, from 1.06 in 2017Q2. Gradient Invests Ltd reported 49,688 shares. PGGM Investments now owns 1,028,221 shares of the technology company's stock valued at $156,063,000 after buying an additional 38,264 shares in the last qua... [Full Article...]

Walmart boosts starting pay, benefits

Walmart boosts starting pay, benefits According to local news reports , some workers and customers were showing up at Sam's Club , the buy-in-bulk warehouse owned by Walmart , to find stores had shut their doors. "[We've] had numerous inquiries from Sam's Club employees", BJ's said in a statement to CNN. The world's largest retailer is no stranger to featuring in news headlines and is now fighting to improve its bad reputation ... [Full Article...]

17 men arrested for Shell oil heist with 11 charged on Tuesday

17 men arrested for Shell oil heist with 11 charged on Tuesday A police statement said the 17 men, aged 30-63, were detained Sunday. In another court, Vietnamese nationals, Nguyen Duc Quang, 46, and Dang Van Hanh, 37, are accused of abetment by conspiracy to dishonestly receive about 1,260 metric tonnes of oil which they had reason to believe was stolen. [Full Article...]

Berkeley Group (BKG) Given "Hold" Rating at Canaccord Genuity

It has underperformed by 16.70% the S&P500. Credit Suisse Group upped their price target on shares of SThree from GBX 375 ($5.01) to GBX 420 ($5.62) and gave the company an outperform rating in a research note on Monday, November 6th. Chicago Equity Ptnrs Limited Liability Com, a Illinois-based fund reported 84,920 shares. 2,425 were reported by Brookstone Management. Northern Trust stated it has ... [Full Article...]

Asian shares rise on Wall Street optimism

Asian shares rise on Wall Street optimism JAPAN CENTRAL BANK: A drop in the scale of long-term bond purchases by the Bank of Japan on Tuesday has triggered speculation over further "tapering" of asset purchases. Australia's S&P/ASX 200 rose 0.2 percent to 6,142.10. While payrolls missed forecasts, the report was flawless for equities given unemployment stayed low but with little sign of the inflationary pressures that would make the Fed... [Full Article...]

Billionaire venture capitalist Peter Thiel is a big fan of cryptocurrency

Billionaire venture capitalist Peter Thiel is a big fan of cryptocurrency In the hours following the release of the Journal report , the cryptocurrency surged upward in price by almost $1,000 after early trading that had already been on a more modest upward trend. Over on Stack Exchange , Bitcoin writer and researcher David Harding made and explanatory post about Channel Factories, which are a proposed method of improving the scaling properties offered by the Lightni... [Full Article...]

Nissan unveils mind-reading technology for future models

Nissan unveils mind-reading technology for future models That data is analyzed by autonomous systems inside the auto. Nissan will demonstrate the technology at CES 2018 , the announcement said . Any car-taken actions will be mostly unnoticeable to the driver, Nissan said. Predictions are made by identifying signs that the driver is preparing to initiate movement. The neural interface, which cannot only improve reaction times, but also manage cabin c... [Full Article...]


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