Money

Stocks tick higher in early trade; S&P, Nasdaq score new records

Stocks tick higher in early trade; S&P, Nasdaq score new records Another report showed consumer prices recorded their biggest increase in eight months as hurricanes Harvey and Irma boosted demand but underlying inflation remained muted. Meanwhile, shares of Wells Fargo plunged almost three percent after the bank reported third quarter revenue that missed expectations on Friday. But Wells Fargo tumbled 2.8 per cent after it reported lower-than-expected rev... [Full Article...]

HP Inc. (HPQ) Weighs On Beatable News Amid Cisco Systems, Inc. (CSCO)

After looking for stocks with higher betas, we can see that Cisco Systems, Inc . Vanguard Group Inc. now owns 344,708,803 shares of the network equipment provider's stock valued at $11,651,157,000 after buying an additional 10,974,259 shares in the last quarter. [Full Article...]

Tim Hortons' Released A Buffalo-Wing Latte And It's Super Questionable

Tim Hortons' Released A Buffalo-Wing Latte And It's Super Questionable The Buffalo News reports the city's Tim Hortons franchises were also first to receive new espresso machines to make the lattes, steaming the milk until frothy for a more potent espresso "than the previously tepid mix". "The unlikely pairing of sweet mocha and tangy Buffalo sauce come together to create an unexpectedly delicious sweet and spicy treat we hope our guests will enjoy". [Full Article...]

Analyst Research and Recommendations: Anadarko Petroleum Corporation (APC), BioMarin Pharmaceutical Inc. (BMRN)

Analyst Research and Recommendations: Anadarko Petroleum Corporation (APC), BioMarin Pharmaceutical Inc. (BMRN) It has underperformed by 28.66% the S&P500. Wellington Shields Capital Management Llc acquired 7,046 shares as Anadarko Petr. The Cambrian Capital Limited Partnership holds 71,016 shares with $3.22 million value , down from 114,946 last quarter. [Full Article...]

Oxford plans to introduce world's first zero-emission zone

Oxford plans to introduce world's first zero-emission zone Clement's, and St Aldate's also all broke the European Union regulation limit. However, the proposal for a zero emission zone relies on technology being sufficiently developed to allow this to be practical. “Everyone needs to do their bit – from national government and local authorities to businesses and residents – to end this public health emergency.”. [Full Article...]

Would you board Flight 666 to HEL on Friday the 13th?

Would you board Flight 666 to HEL on Friday the 13th? Your worst nightmare is about to end: today is the last time you will have to face the possibility of taking Flight 666 to HEL on Friday 13th. From 29 October, the flight will be renamed AY954. The flight from Copenhagen to Helsinki is scheduled to depart at 1.20pm local time, arriving in the Finnish capital at 3.55pm. "If there's some passenger who is anxious about this 666, our cabin crew ... [Full Article...]

Jeep not for sale; Great Wall mulls a joint venture with BMW

Jeep not for sale; Great Wall mulls a joint venture with BMW The prospective deal focuses specifically on electric vehicles, according to sources familiar with the matter. BMW (BMWG.DE) would like to grow its Mini brand in China with the help of a Chinese partner, the group said on Friday, after China's Great Wall Motor (601633.SS)(2333.HK) said it was in talks to cooperate with the German premium carmaker. [Full Article...]

Facebook beefs up food delivery options from its app

Facebook beefs up food delivery options from its app Facebook has avoided the various complications that arise when you have a physical workforce by partnering with a number of established players in the food-ordering business - such as EatStreet, Delivery.com, DoorDash, ChowNow, and Olo - and letting them do the heavy lifting. [Full Article...]

Bank of America Corporation (NASDAQ:BAC) To Report Earnings

Bank of America Corporation (NASDAQ:BAC) To Report Earnings With many preferring that Bank of America Corporation reinvest its earnings back into its trade to fuel future growth, a lot acknowledges a generous cash dividend payment. Royal Bank Of Canada restated a buy rating and issued a $26.00 price objective on shares of Bank of America Corporation in a report on Thursday, July 20th. [Full Article...]

Wal-Mart Stores, Inc. (WMT) Shares Bought by Bp Plc

Fiduciary Trust Company decreased Wal ( WMT ) stake by 8.03% reported in 2017Q2 SEC filing. Institutions own 30.23% of Wal-Mart Stores, Inc. Middleton & Co Inc, which manages about $602.39M and $469.50 million US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 4,874 shares to 160,491 shares, valued at $12.96 million in 2017Q2, according to the filing. [Full Article...]

Uber files appeal to overturn London license loss

The appeal, which Uber announced immediately after Transport for London made its decision on September 22, allows the ride-sharing company to continue operating in the city during that process. Uber described those talks as "constructive", while TfL said the talks "centred on what needs to happen to ensure a thriving taxi and private hire market in London". [Full Article...]

Wells Fargo & Company (WFC) Given Buy Rating at Goldman Sachs Group, Inc

Wells Fargo & Company (WFC) Given Buy Rating at Goldman Sachs Group, Inc Institutional investors own 75.12% of the company's stock. The Average Volume of the company is 17.3 Million, while the Volume of the company in the last trading session was 12.37 Billion. BMO Capital Markets has "Hold" rating and $31700 target. (NYSE: JPM ) puts the stock on today's active list. The stock has "Sell" rating by Raymond James on Tuesday, August 8. [Full Article...]

Oil prices rise on signs of tighter market

However, part of the price difference between Brent and WTI partly reflects the expectations of increasing US liquid fuels production in 2018, according to the Energy Information Administration's just-released Short-Term Energy Outlook, aka, STEO. [Full Article...]

Tesla recalls 11000 Model X SUVs over possible seat issue

Any affected owner can take their vehicle to a dealer or contact Tesla's mobile fix unit. We are emailing to inform you of a proactive action Tesla is taking to ensure your safety as a Model X owner. The AP reports that the issue is due to a cable in the seat not being tightened correctly, which prevents the left seat from locking in the upright position. [Full Article...]

Samsung Electronics on track for record third-quarter as chips soar

Samsung Electronics on track for record third-quarter as chips soar Samsung has been seeking to move past a bribery scandal which saw the company's de-facto head Lee Jae-Yong thrown into jail and overcome a damaging recall previous year of its flagship Galaxy Note 7 smartphone over exploding batteries. He cemented Samsung Electronics' position in memory chips and expanded the contract chip manufacturing business. Vice Chairman Kwon joined the company in 1985 as ... [Full Article...]

North Korea Apparently Tried To Hack Into American Power Companies

North Korea Apparently Tried To Hack Into American Power Companies North Korea tested two intercontinental ballistic missiles in July and conducted its sixth and most powerful nuclear test in September. "Although I will not comment on intelligence matters or specific incidents related to cyber intrusion, I can assure you that we are confident in the security of our operations plans and our ability to deal with any threat from North Korea", Pentagon spokesman C... [Full Article...]

Same-store slowdown cools Domino's rally

Domino's Pizza, Inc., launched on July 30, 2002, is a pizza restaurant chain company. Domino's Pizza Group PLC has GBX 1275 highest and GBX 242 lowest target. These holdings make up 97.14% of the company's outstanding shares. The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. [Full Article...]

Lufthansa to acquire majority of insolvent Air Berlin

Lufthansa to acquire majority of insolvent Air Berlin The German flag carrier Lufthansa said it expected to sign an agreement on Thursday to buy parts of Air Berlin, a low-priced carrier that filed for insolvency this summer. "The negotiations are still underway with easyjet", Air Berlin said in a special sales meeting with Lufthansa and British airline EasyJet since 25 September 2017. [Full Article...]

Bitcoin soars to all-time high despite claims of a bubble

Bitcoin soars to all-time high despite claims of a bubble It has been a volatile journey, with the cryptocurrency sliding down to under $3,000 last month when Chinese authorities announced a ban on trading the currency. In the past, JP Morgan CEO, Jamie Dimon, had labeled Bitcoin a fraud that would end up blowing up. The price of Bitcoin reached an all-time high, smashing through the $5,000 mark as it rebounds from a short period of uncertainty. [Full Article...]

Richard Branson Invests in Hyperloop One

Richard Branson Invests in Hyperloop One Richard Branson's Virgin Group announced Thursday it is investing in Hyperloop One in a strategic partnership aimed at establishing new passenger and cargo transport services for the superfast rail concept. Hyperloop Texas' proposed "Texas Triangle" route to connect Dallas, Austin, San Antonio and Houston with a freight route to Laredo was one of 10 selected by Hyperloop One in September as ... [Full Article...]


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