Money

Research Ratings: Kite Realty Group Trust (KRG), Knowles Corporation (KN)

At&T Inc. now has $234.76 billion valuation. The stock increased 1.52% or $0.28 during the last trading session, reaching $18.67. The results of the trading session contributed to over 3,609,216 shares changing hands. As per Friday, September 4, the company rating was maintained by Barclays Capital. The rating was maintained by Morgan Stanley on Friday, August 25 with "Equal-Weight". [Full Article...]

Gas prices drop below pre-Harvey levels

Gas prices drop below pre-Harvey levels A weaker demand and rising gas supplies are combining to drive down gas prices, according to DeHaan. "At 20 cents more per gallon than the same time past year, pump prices don't seem to be a deterrent for today's travelers". Demand sits above the 9 million mark, which is in line with this time a year ago. The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.... [Full Article...]

New Nio ES8 electric SUV is cut-price Tesla Model X

New Nio ES8 electric SUV is cut-price Tesla Model X But there will be an even faster way to get range for Nio owners. The vehicle, which has a range of 500 kilometers on a single charge, will be able to accelerate to 100 kilometers per hour in 4.4 seconds. There's an AI assistant in the vehicle called NOMI, which uses in-car and cloud computing to "turn the ES8 into a fun, expressive, and intuitive companion that can listen, talk, and help drivers ... [Full Article...]

1.1 million United Kingdom homes and businesses can't connect to 'decent broadband'

1.1 million United Kingdom homes and businesses can't connect to 'decent broadband' The communications watchdog now defines this as broadband offering a download speed of at least 10Mbit/s, with an upload speed of at least 1Mbit/s - although it expects these requirements to increase over time. At these speeds, downloading a high-definition movie could take up to 90 minutes, said Ofcom, if no one else was using that link to the net. The report focused on premises that are unable t... [Full Article...]

Outage paralyses Atlanta airport

Outage paralyses Atlanta airport While investigators have not yet determined what caused the fire, both the airport and the utility, Georgia Power, were criticized for having backup infrastructure close to the affected transformer. "So, we rescheduled everything for today, and ironically, we have the exact same flights going home today", Hann said. Despite the circumstances, she said, order prevailed. [Full Article...]

Industry lukewarm on scope and implementation of auto-enrolment review proposals

Industry lukewarm on scope and implementation of auto-enrolment review proposals The government also wants to remove the lower earnings limit, which is now £5,875, so individuals can put more of their salary into their pensions from the start of their contributions. "By April 2025, around the time these new changes will happen, someone on average earnings, paying the minimum contribution since October 2012, will have built up a pension pot of nearly £18,000 (£17,978)". [Full Article...]

Snyder's-Lance, Inc. (LNCE) Hit 52-Week High

Snyder's-Lance, Inc. (LNCE) Hit 52-Week High Charlotte, North Carolina-based Snyder's-Lance is a snacking company whose portfolio includes brands such as Snyder's of Hanover , Lance, Kettle Brand, KETTLE chips, Cape Cod, Snack Factory Pretzel Crisps, Pop Secret, Emerald and Late July. [Full Article...]

Bitcoin futures trading underway

Bitcoin futures trading underway Bitcoin futures were launched at the CME exchange and the January 2018 contract started its trading above $20,000. The contracts, which settle in dollars and trade on regulated exchanges, can be bought by institutional investors that are prohibited from buying bitcoin directly on largely unregulated exchanges. [Full Article...]

To acquire Texas-based snack company for $1.6B

To acquire Texas-based snack company for $1.6B Analysts await Amplify Snack Brands , Inc. Berenberg Bank started coverage on shares of Amplify Snack Brands in a research report on Thursday, November 16th. The shares were sold at an average price of $7.00, for a total transaction of $280,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . [Full Article...]

Oracle provides to cloud building technique with $1.2B bid for Aconex

Oracle provides to cloud building technique with $1.2B bid for Aconex The Aconex board of directors has unanimously recommended the A$7.80 cash per share buyout offer, which represents a 47 percent premium on the company's last closing price of A$5.29 on Friday. The share price rose 45 percent immediately after trading resumed on Monday to just below the A$7.80 cash-per-share offer. The company's biggest share price peak in the last five years was A$8.28 in July... [Full Article...]

European Union investigating Ikea tax benefits

European Union investigating Ikea tax benefits The European Commission said it was looking into two tax rulings issued to Inter Ikea. In its press release , the Commission stated that it "has concerns that two [Dutch] tax rulings may have given Inter Ikea Systems an unfair advantage compared to other companies". [Full Article...]

Toyota to invest $13.3bn in electrified vehicle batteries by 2030

Toyota to invest $13.3bn in electrified vehicle batteries by 2030 The fuel cell line-up will also be expanded for both passenger and commercial vehicles in the 2020s. Britain and France plan to ban cars running on gasoline or diesel by 2040, while China, the world's largest vehicle market, is contemplating a similar move. [Full Article...]

Wenger adamant Ozil wants Arsenal stay and is 'not to be convinced'

Wenger adamant Ozil wants Arsenal stay and is 'not to be convinced' Arsene Wenger is reportedly bracing himself for the biggest squad shake-up of his 21-year reign as Arsenal manager. Arsenal's No1 added: "I think if you come under pressure then you want to respond in the right way, which is on the pitch". [Full Article...]

Bitcoin price is heading for $20k as CME Group futures trading begins

Bitcoin price is heading for $20k as CME Group futures trading begins IBD'S TAKE: Are Bitcoin , Ethereum and other digital currencies real investments or a speculator's game? The second United States bitcoin futures launch is seen as another step towards big institutional investors warming up to a volatile asset that had until recently been accessible only via largely unregulated markets. [Full Article...]

Atlanta International Airport power outage affects flights, leaves travelers in darkness

Atlanta International Airport power outage affects flights, leaves travelers in darkness About 1:30 p.m., the airport tweeted that there was a power outage affecting "several areas" of the airport. In speaking to staff at the United Airlines desk, she says she was told that the outage was over the entire airport and that flights were grounded. [Full Article...]

MDR puts off users from using debit cards

MDR puts off users from using debit cards A board of trustees containing the secretary, department of financial services, service of hardware and IT, National Payment Corporation of India , secretary, and CEO, will investigate the business cost structure of such exchanges which will frame the premise to decide the levels of repayment. [Full Article...]

Sydney man charged with brokering North Korea missile sales

It's alleged the 59-year-old, who is described as a naturalised Australian citizen of Korean descent, was involved in "brokering sales and discussing the supply of weapons of mass destruction" with the rogue nation. However, the North has shown little interest in talks until it has the ability to hit the USA mainland with a nuclear-tipped missile, which many experts say it has yet to prove. [Full Article...]

Baauer isn't happy 'Harlem Shake' was used in a net neutrality PSA

Baauer isn't happy 'Harlem Shake' was used in a net neutrality PSA The Republican-led FCC voted 3-2 to repeal net neutrality rules on Thursday. That changed in 2010, when the FCC approved its first-ever Net neutrality rules . "Today's decision from the Federal Communications Commission to end net neutrality is disappointing and harmful". After New York other states have also pledged joining this lawsuit: California, Delaware, Hawaii, Illinois, iowa, K... [Full Article...]

Behind-the-scenes with USPS during the holiday delivery rush

Behind-the-scenes with USPS during the holiday delivery rush Nationwide, a record 850 million packages are projected to be delivered during the holidays. In Rapid City alone, the Postal Service has been delivering an average of 10,000-12,000 pieces of mail per day this holiday season. Use 24/7 Self Service Kiosks - located in the lobby of four Post Offices in Lincoln: Main Post Office, Indian Village, College View and Gateway. Richard DeWolfe with the ... [Full Article...]

GST Council nod for mandatory e-Way Bill for inter-State movement

GST Council nod for mandatory e-Way Bill for inter-State movement New Delhi/Kolkata:The Cabinet on Friday approved replacing the Goods and Service Tax (Compensation to States) Ordinance by a bill, sources told PTI. Meanwhile, speaking in Kolkata, West Bengal Finance Minister Amit Mitra said that there has been a shortfall of Rs 36,000 crore in projected revenues in the first four months post Goods and Services Tax (GST) implementation. [Full Article...]


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