Economy

David Cameron lets slip that Brexit is 'not a disaster'

David Cameron lets slip that Brexit is 'not a disaster' While the very large number of bodies and individuals who have recanted their project fear views since the vote actually took place may suggest that Cameron's remark that "It's turned out less badly than we first thought" may be a slight underestimation, others have been more frank. [Full Article...]

Abbott Laboratories (ABT) Holdings Lifted by First Merchants Corp

Churchill Downs Incorporated (NASDAQ:CHDN) has risen 34.01% since January 24, 2017 and is uptrending. It has outperformed by 131.48% the S&P500. Martin & Company Inc decreased its stake in Abbott Laboratories ( ABT ) by 9.72% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Rational Advisors LLC Cuts Holdings in Starbucks Co. (SBUX)

Rational Advisors LLC Cuts Holdings in Starbucks Co. (SBUX) WINTON GROUP Ltd grew its holdings in shares of Starbucks by 29.7% in the second quarter. The company said that it had $0.65 in earnings per share (EPS) and $6.1 billion in revenue, compared with consensus estimates from Thomson Reuters that called for $0.57 in EPS and $6.18 billion in revenue. [Full Article...]

S&P 500 and Nasdaq reach fresh records; Netflix surges

S&P 500 and Nasdaq reach fresh records; Netflix surges U.S. Treasury prices rose, sending yields lower across the curve; the benchmark 10-year yield slipped 4 bps to 2.62%, while the two-year yield trimmed 2 bps to 2.05%. Netflix soared 11 percent in the first few minutes of trading Tuesday after reporting a strong quarter. In 1.01pm trading, the Standard & Poor's 500 Index added 0.1 percent. [Full Article...]

USA 'weak dollar' remarks raise policy question, says European Central Bank chief Mario Draghi

USA 'weak dollar' remarks raise policy question, says European Central Bank chief Mario Draghi Europe's top economic official has cautioned the USA and Treasury Secretary Steven Mnuchin about talking down the dollar's exchange rate, which helps US exporters but could make life harder for Europe and other trade partners. Past year the major strengthening of the Euro came off the back of the central bank declaring their appetite for change however the changes didn't happen. [Full Article...]

Buy stocks that increases your gain - The Home Depot, Inc. (HD)

Buy stocks that increases your gain - The Home Depot, Inc. (HD) Daiwa Sb Invs Ltd reported 70,770 shares or 2.97% of all its holdings. Duncker Streett And Company reported 0.81% in The Home Depot, Inc . (NYSE:HD) stock. They typically pay high tax rates and thus will benefit most from the rate's cut from 35% to 21%. The Home Depot, Inc (The Home Depot) is a home improvement retailer. [Full Article...]

The Worst Sandwiches For The Environment

The Worst Sandwiches For The Environment This is equivalent to the annual use of 8.6 million cars. The research also revealed that agricultural production of ingredients was the big influence on the carbon footprint of a sandwich - accounting for up to two thirds. Through reducing food waste, changing packaging and other tweaks, it's possible the reduce the impact of ready-made sandwiches substantially, the authors wrote. [Full Article...]

Fiat Chrysler shows big profit boost for 2017; workers get $5500 each

Fiat Chrysler shows big profit boost for 2017; workers get $5500 each On Saturday, January 9 the stock rating was downgraded by Societe Generale to "Sell". Net profit margin of Fiat Chrysler Automobiles N.V. ( FCAU ) was recorded at 0 percent, operating profit margin was 0 percent, while gross profit margin stands at 0 percent. [Full Article...]

Hilton hotels among firms affected by meat hygiene scare

Hilton hotels among firms affected by meat hygiene scare The inspection of Russell Hume's Birmingham site, which took place on January 12, brought to light "instances of serious non-compliance with food hygiene regulations ", according to the United Kingdom authority. The meat suppliers have been investigated by food safety inspectors over non-compliance with hygiene regulations. However, it is concerned about poor practices in place at the supplier's ... [Full Article...]

Diageo H1 Profit Up 36%; Hikes Interim Dividend

Diageo H1 Profit Up 36%; Hikes Interim Dividend Shares in drinks maker Diageo ticked up on Thursday morning, after the group posted a rise in both sales and operating profit for the six months to December 31st. Diageo's total reported net sales of £6.5 billion ($9.3bn) and operating profit of £2.2 billion ($3.1bn) were up 1.7% and 6.1%, respectively, as organic growth was partially offset by adverse exchange. [Full Article...]

Puerto Rico to sell off PREPA to private sector

Puerto Rico to sell off PREPA to private sector Last September after Hurricane Maria PREPA rejected a $1 billion loan and a discount on a portion of the existing debt offered by its creditors. Industry analysts say it's a bit too early to tell, noting that it all depends on the type of measure the governor expects to submit in upcoming days to start the privatization process. [Full Article...]

(SBUX) Shares Sold by New York State Common Retirement Fund

The stock increased 4.37% or $0.39 during the last trading session, reaching $9.31. Middleton & Co Inc MA now owns 98,873 shares of the coffee company's stock worth $5,310,000 after buying an additional 10,458 shares in the last quarter. UBS maintained the shares of SBUX in report on Friday, October 30 with "Buy" rating. The company operates in the Consumer Cyclical sector with a market capitaliza... [Full Article...]

Sands China 4Q net profit up 49.1% to US$519 million

Sands China 4Q net profit up 49.1% to US$519 million In its summary of Macau operations for the quarter, Las Vegas Sands stated the Venetian Macao generated revenue of US$844 million and adjusted property EBITDA of US$324 million, an increase of 23.7 percent, with an adjusted property EBITDA margin of 38.4 percent, up 130 basis points compared to the prior-year quarter. [Full Article...]

Sanchez: Henry never told me to leave Arsenal

Sanchez: Henry never told me to leave Arsenal We take a look at two players that can strengthen the United team sufficiently. That is despite a report published by British-based consultancy firm Deloitte on Tuesday that shows Arsenal have leapfrogged Paris Saint-Germain into sixth in the global money league of the world's highest revenue generating football clubs, following an annual increase of £70 million. [Full Article...]

Dog bites man, man bites dog, man gets arrested

Dog bites man, man bites dog, man gets arrested The police was in search of two men who were wanted on outstanding warrants. Seems like the first lesson of journalism - "Dog bites man, that's not news". "During the struggle, the man put the K-9 in a chokehold and bit her in the head", the group said. Killary said, "If you get into a biting competition with a police dog, you're not going to win,". [Full Article...]

Drake Accused Of Stealing Artwork For His New Single

Drake Accused Of Stealing Artwork For His New Single Toronto's favorite son shared a celebratory Instagram post in honor of his milestone. "We can confirm " God's Plan " by Drake now holds the USA record as the most streamed track in a single day on Spotify", a rep for the streaming service told Billboard on Wednesday (Jan. [Full Article...]

Consumer Confidence in Self-Driving Technology Is Increasing, AAA Study Finds

Consumer Confidence in Self-Driving Technology Is Increasing, AAA Study Finds Only 49% (down from 73%) say that they would be afraid to ride in a self-driving auto. Millennials were found to be the most trusting of self-driving vehicles, according to AAA . Baby Boomers and Generation X drivers tend to feel less safe sharing the road with self-driving cars than millennial drivers. Others say they are indifferent (37 percent) or unsure (4 percent). [Full Article...]

Thousands of dollars in cash left strewn across highway after vehicle crash

Thousands of dollars in cash left strewn across highway after vehicle crash A stretch of highway in IL was closed for about an hour while crews worked to clear a large amount of cash from the roadway. IL state troopers spent part of Tuesday scooping up cash from I-74 in Champaign County. The crash involved a Ford Escape and a pickup truck, state trooper Tracy Lillard said, and resulted in cash spilling onto the highway. A third vehicle, trying to avoid the accident, e... [Full Article...]

How Does Wal-Mart Stores, Inc. (WMT) Stack Up Right Now?

About 728,771 shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 24, 2017 and is uptrending. Pzena Investment Management LLC increased its holdings in Wal-Mart Stores by 1.3% during the third quarter. FMR LLC now owns 17,982,372 shares of the retailer's stock worth $1,360,906,000 after purchasing an additional 5,608,785 shares during the last quarter. [Full Article...]

Sky Reports UK Growth in Mobile and Broadband for H1 2018

Sky Reports UK Growth in Mobile and Broadband for H1 2018 Sky picked up 365,000 new customers taking the total to 22.9m. Jeremy Darroch, Sky's chief executive, said this was a strong performance in view of the fact that all customer-facing businesses are now challenged by pressures on household budgets. [Full Article...]


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