Money

Summit Midstream Partners, LP (SMLP) Stake Boosted by UBS Group AG

Shell Midstream Partners, L.P. ( NYSE: SHLX ) announced today that after a distinguished 38-year career with Royal Dutch Shell plc, John Hollowell will retire as President and Chief Executive Officer of Shell Midstream Partners GP LLC, our general partner, effective March 31, 2018. [Full Article...]

Coca-Cola Bottling Co Consolidated (NASDAQ:COKE) Cut to "Hold" at BidaskClub

The new design will feature the brand's iconic silver color accented with red and will include bold color palettes representing the new flavors. A 2016 report by Beverage Digest, a publication covering non-alcoholic beverages in the USA, showed a 0.8% decline in the overall volume sales for carbonated soft drinks, with Diet Coke sales falling by 4.3%. [Full Article...]

The Bottom Line on Splunk Inc. (SPLK), JPMorgan Chase & Co. (JPM)

The Bottom Line on Splunk Inc. (SPLK), JPMorgan Chase & Co. (JPM) Bellecapital Ltd holds 2,150 shares or 0.24% of its portfolio. Balyasny Asset Mgmt holds 1.51% or 4.04 million shares in its portfolio. Rothschild Capital Partners LLC grew its position in shares of JPMorgan Chase & Co.by 0.5% during the first quarter. [Full Article...]

Delta Air Lines; Kering SA — CORPORATE REPORT

Delta Air Lines; Kering SA — CORPORATE REPORT It has underperformed by 4.87% the S&P500. HES's SI was 27.57M shares in January as released by FINRA. Farmers & Merchants stated it has 2,472 shares. (NYSE: DAL ). Primecap Ca invested in 1.12% or 28.06 million shares. Dimensional Fund Advisors LP increased its stake in Delta Air Lines by 3.3% in the third quarter. [Full Article...]

U.S. retail sales grow more quickly than expected in December

U.S. retail sales grow more quickly than expected in December There were increases across all retail categories except sporting goods, which was down 0.5% year-over year. December's retail sales growth shows "the dire predictions of the demise of retail are premature", Moody's vice president Mickey Chadha said. [Full Article...]

Trump administration proposes to open almost all United States offshore to oil drilling

Trump administration proposes to open almost all United States offshore to oil drilling In December, the EPA announced it will hold three public listening sessions on its plan to kill the Clean Power Plan, prompted by complaints that the single public hearing last month in Charleston, West Virginia, was woefully inadequate. Chief among them were the disastrous offshore oil spills that fouled US waters, devastating wildlife and coastal economies. "That's why that is prohibited in ... [Full Article...]

Nifty ends at fresh life-time high

Nifty ends at fresh life-time high Globally, Asian stocks closed mostly higher after oil prices rallied overnight and China dismissed media reports that officials have recommended slowing or halting purchases of USA debt. On the National Stock Exchange (NSE), the wider Nifty50 edged higher by 30.05 points or 0.07 per cent to close at 10,681.25 points. Notable gainers were Adaniports 1.48 per cent, Wipro 1.37 per cent, Coal Ind... [Full Article...]

Heavy snowfall leaves 13000 tourists stranded in Swiss Alps

Heavy snowfall leaves 13000 tourists stranded in Swiss Alps Niklaus, Switzerland . Meanwhile, train services resumed to continue the evacuation of 13,000 visitors from the Swiss resort town of Zermatt , near the famed Matterhorn mountain. More than a meter (39 inches) of snow fell in parts on Monday alone with another meter falling yesterday. "The snow clearance is more complicated than expected". [Full Article...]

European Markets Drop After Euro Surges

European Markets Drop After Euro Surges In late NY trading, the euro rose to 1.2182 dollars from 1.2038 dollars in the previous session, and the British pound gained to 1.3734 dollars from 1.3534 USA dollars in the previous session. Treasurys. Sterling fell 0.5 cents to €1.1246. Despite the PPI report, the dollar fell 0.4% on the DXY index on Thursday. UK's benchmark FTSE 100 closed up by 0.2 percent, the pan-Europ... [Full Article...]

Kenya Airways CEO sees 10 pc income bump from direct United States flights

Kenya Airways CEO sees 10 pc income bump from direct United States flights Direct flights to the USA will significantly reduce the time taken to move cargo between the U.S. and East Africa; from seven days to as little as a day. Kenya Airways a member of the Sky Team Alliance, is a leading African airline flying to 51 destinations worldwide, 42 of which are in Africa and carries over three million passengers annually. [Full Article...]

India's Infosys posts better-than-expected Q3 profit on tax deal

India's Infosys posts better-than-expected Q3 profit on tax deal Parekh also said that he will lay out strategic priorities for the company by April, for which a review is now underway. Accenture's strong performance in recent times is seen to be the result of its robust consulting capabilities, something seen to be critical in today's times when a whole new set of digital technologies have emerged. [Full Article...]

Intel CEO addresses Meltdown, announces quantum developments

Intel CEO addresses Meltdown, announces quantum developments Those maps would then be used by autonomous vehicles for navigation. Krzanich thanked technology firms for working with Intel to provide fixes, adding that the performance hit expected when software fixes are applied will vary from case to case. [Full Article...]

Wal-Mart Closes 63 Sam's Club Stores, Leaving 11000 Employees Without Work

Wal-Mart Closes 63 Sam's Club Stores, Leaving 11000 Employees Without Work A full list of impacted stores has not been released , and it's unclear if more stores could shut down. This move lowers the U.S. Sam's Club store count to 597. "We need a strong fleet of clubs that are fit for the future". Amid the sweeping US tax overhaul, Walmart said Thursday it's raising its hourly wage to $11, giving new bonuses to employees and expanding maternity and parental leave. [Full Article...]

Goodlatte offers DACA deal; Virginia Tech grad and DACA beneficiary reacts

Goodlatte offers DACA deal; Virginia Tech grad and DACA beneficiary reacts The tone of the discussion, and Mr. Trump's eagerness to strike a deal, triggered warm responses from some of his sharpest critics in both parties. Activist dreamers aren't satisfied with this type of plan, said Juan de la Rosa, a Virginia Tech graduate and DACA beneficiary who still lives and works in Blacksburg. [Full Article...]

CES Loses Power For 2 Hours, Maybe Make Electronics For That?

We will continue to limit access to the LVCC until full power has been restored. The thought of companies like Sony, Samsung , and LG losing power is laughable. As Bloomberg notes, even with all the next-level technology present at the CES , it would seem that the event was still not safe from the enemy of all electronics: a blackout. [Full Article...]

Brookfield Puts Up $4.6B For Bankrupt Westinghouse

Brookfield Puts Up $4.6B For Bankrupt Westinghouse Brookfield Business Partners said it expects to fund the purchase of 100 per cent of Westinghouse through a combination of US$1 billion of equity, $3 billion of long-term debt and the assumption of certain obligations. The demise of Westinghouse was a major setback for the country's nuclear industry, potentially dooming new nuclear build in the U.S. Problems with its AP1000 nuclear reactor mode... [Full Article...]

Act Now to Correct Property Assessment Errors

Act Now to Correct Property Assessment Errors Real estate sales determine a property's value which is reported annually by BC Assessment . Tim Down , President of PacWest Commercial Real Estate Advisors , specializes in annual property assessment and tax appeal consulting throughout B.C. [Full Article...]

JFK airport terminal evacuated after water main breaks and floods baggage claim

JFK airport terminal evacuated after water main breaks and floods baggage claim Kennedy International Airport, adding more delays at the airport which is still working to recover from Winter Storm Grayson . The Port Authority of New York & New Jersey, which oversees the airport, announced Sunday it would look into the baggage snafu. [Full Article...]

How New York Is Fairing So Far

How New York Is Fairing So Far Governor Andrew Cuomo's State of the State address delivered on Wednesday had the message that despite the adversities the state will face in the new year it will continue to move forward. "This is the most partisan, divisive legislation we have ever seen". By tapping into the abundant energy provided by this pollution-free resource, we're well on our way to the ultimate goal of meeting our ... [Full Article...]

IKEA ad doubles as pregnancy test offering discount for expectant mothers

IKEA ad doubles as pregnancy test offering discount for expectant mothers Guess we'll have to wait until women are presenting torn out pee-soaked ads to IKEA cashiers before we can confirm it's legit. Ikea usually have pretty tame ads floating around showing off their incredible furniture but they've suddenly chose to branch out into more questionable territory and we only have one question for them. [Full Article...]


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