Money

AT&T Beats Earnings Estimates, Spends $78M in Quest for Time Warner

AT&T Beats Earnings Estimates, Spends $78M in Quest for Time Warner In the two years since closing the deal to acquire DIRECTV, AT&T has increased the number of its wireless customers who also have DIRECTV by 31%, to 19.8 million. Second-quarter revenue from business customers was $17.1 billion, down 2.7 percent due to declines in legacy wireline services. The growth in the wireless segment blew past Wall Street's expectations of 1.08 million net adds. [Full Article...]

Andy Serkis's directorial debut to premiere at Toronto Film Festival

Andy Serkis's directorial debut to premiere at Toronto Film Festival Jolie's drama, " First They Killed My Father: A Daughter of Cambodia Remembers", is adapted from Cambodian human rights activist Loung Ung's memoir of the same name. Also announced were the world premieres of Angela Robinson's Professor Marston & The Wonder Women , which stars Luke Evans as the man who created Wonder Woman and Rebecca Hall and Bella Heathcote as the women who inspired him, Crai... [Full Article...]

Petronas scraps $36B LNG megaproject in BC

Petronas scraps $36B LNG megaproject in BC The Aurora LNG project description does not mention a pipeline, and there is now no natural gas pipeline running from northeast B.C.to Prince Rupert that could supply a large LNG project. The Liberal Opposition issued a statement saying the decision signals the impact of a "Closed for Business agenda" put forward by the NDP government. [Full Article...]

Efforts to restore water to parts of Meath and Louth continue

Efforts to restore water to parts of Meath and Louth continue Water tankers and containers have also been mobilised across the country to replenish water supplies. HOUSEHOLDERS and businesses in parts of counties Louth and Meath may have to wait until the weekend before their water supplies are returned. [Full Article...]

Trump says Apple plans to build three plants in US

Trump says Apple plans to build three plants in US President Donald Trump , who sparred often with Apple during the presidential campaign about Apple's dependency on overseas factories and workers, said during an interview today that Apple will be building three plants in the U.S. Apple has about 80,000 employees in the USA and the company says it supports about two million jobs in all. What kind of facilities it may build in the USA is unclear. [Full Article...]

McDonald's reports positive Q2 results for 2017

McDonald's reports positive Q2 results for 2017 Consolidated revenues decreased 3% (2% in constant currencies) due to the impact of the company's strategic refranchising initiative. The brand's system-wide sales increased 8 percent and revenue came in about $90 million more than expected. [Full Article...]

Daimler board to discuss alleged German auto cartel

Daimler board to discuss alleged German auto cartel That acknowledgment came after Der Spiegel reported last week that the biggest German auto manufacturers-Daimler AG, BMW AG and Volkswagen AG, as well as VW's Audi and Porsche brands- may have colluded for decades. The reports have also spooked investors, with auto industry stalwarts trailing on the DAX index of blue-chip German shares Monday. Volkswagen reportedly denounced to the ant... [Full Article...]

Put Buyers Lining Up As Ford Earnings Loom

Put Buyers Lining Up As Ford Earnings Loom The firm owned 16,957 shares of the auto manufacturer's stock at the end of the second quarter. Excluding one-time items, GM reported a $1.89 per share profit for the quarter, besting the $1.69 a share that Wall Street was looking for. Royal Bank Of Canada reiterated a "hold" rating and issued a $37.00 price target on shares of General Motors in a report on Friday, July 14th. Berenberg start... [Full Article...]

Lyft rolling out out in-app 'Taco Mode' option

Lyft rolling out out in-app 'Taco Mode' option Lyft users have been going to social media to applaud their Lyft drivers for making a quick stop at drive-thrus on the way to their destination. Lyft is testing this out at first in a limited pilot - it's running between July 27 and 29, and then again between August 3 and 5 in Orange County only between 9 PM and 2 AM local time. [Full Article...]

Activist investor pushing for another attempt at sale of Barnes & Noble

Activist investor pushing for another attempt at sale of Barnes & Noble According to Sandell, a value of $12.00 per share, and possibly higher by a financial sponsor, could be justified in a going-private transaction. Boston Partners raised its position in shares of Barnes & Noble Education by 2.2% in the first quarter. [Full Article...]

Caterpillar, Inc. (NYSE:CAT) Shares Sold by Nicholas Hoffman & Company LLC

Caterpillar, Inc. (NYSE:CAT) Shares Sold by Nicholas Hoffman & Company LLC Fiera Capital Corp who had been investing in Hdfc Bank Ltd for a number of months, seems to be bullish on the $69.59 billion market cap company. (NYSE:CAT) for 770,361 shares. Jefferies maintained the shares of CAT in report on Friday, March 18 with "Hold" rating. (NYSE:PFE) earned "Overweight" rating by Barclays Capital on Tuesday, November 29. [Full Article...]

Comerica Securities Inc. Has $746000 Position in Ford Motor Company (NYSE:F)

Comerica Securities Inc. Has $746000 Position in Ford Motor Company (NYSE:F) XAutoplay: On | Off Estimates: EPS to slide 7.5% to $1.72 as revenue drops 5% to $40.25 billion. Wall Street is only getting more bullish on the stock, with 9 of analysts who cover GM having a buy-equivalent rating. The company now has a consensus rating of "Buy" and a consensus target price of $39.50. The counter witnessed a trading volume of 2.19 million shares versus an average volume of 3.... [Full Article...]

Snopes, in Heated Legal Battle, Asks Readers for Money to Survive

Snopes, in Heated Legal Battle, Asks Readers for Money to Survive It's now raised just shy of $304,000. "Although we maintain editorial control (for now), the vendor will not relinquish the site's hosting to our control, so we can not modify the site, develop it, or-most crucially-place advertising on it", the letter reads. [Full Article...]

Michael Kors buys Jimmy Choo in £896m deal

Michael Kors buys Jimmy Choo in £896m deal Michael Kors said in a statement that it will support the growth of Jimmy Choo through "retail store openings and further development of its online presence". Likewise, Jimmy Choo has seen sales slow in recent years. The deal comes amid consolidation in the US luxury industry, with Coach also agreeing to buy Kate Spade earlier this year. [Full Article...]

Suzuki Swift Sport revealed via leaked image

Suzuki Swift Sport revealed via leaked image In a statement released along with the single photograph, Suzuki said: "The new third-generation model has undergone a complete redesign and delivers an all-new level of excitement for sport minded drivers across the world". This is the same motor which powers Suzuki's global spec Vitara SUV. Autocar India had previously revealed certain details about the upcoming Suzuki Swift Sport that is un... [Full Article...]

Close Brothers Group plc 1.8% Potential Upside Indicated by Barclays Capital

Close Brothers Group plc 1.8% Potential Upside Indicated by Barclays Capital The Firm provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers, smartphones and furniture (including accessories), under rental purchase agreements. sold $1.95 million worth of BAE Systems plc (LON:BA) or 10,673 shares. Glencore PLC presently has a consensus rating of "Hold" and an average price target of GBX 341.79 ($4.46). [Full Article...]

Blue Apron stock surges as Wall Street offers rosy outlook

Blue Apron stock surges as Wall Street offers rosy outlook Boasting a price of $6.55, Blue Apron ( NYSE : APRN ) traded 0.46% higher on the day. The firm set a price target of $11 and projected a return potential of 68%. With the announcement that Amazon is likely entering this market, investor confidence was understandably shaken, leading Blue Apron's stock lower. [Full Article...]

Halliburton Company (HAL.F) Reviewed By Analysts

Halliburton Company (HAL.F) Reviewed By Analysts Bremer National Association has 0.1% invested in Halliburton Company (NYSE:HAL) for 6,444 shares. The fund owned 53,868 shares of the oilfield services company's stock after selling 17,633 shares during the period. Sell-side analysts have also provided a consensus recommendation of 1.80 on company shares. Stockholders of record on Wednesday, September 6th will be given a $0.18 dividend. [Full Article...]

Company set to become first in USA to microchip employees

Company set to become first in USA to microchip employees Three Square Market is offering its employees the opportunity to volunteer for surgical implantation of an RFID chip. The chips will also use near-field communications (NFC), the same type of technology that is used in most contactless credit cards and mobile payments. [Full Article...]

Democrats open to single-payer health insurance, a party leader says

Democrats open to single-payer health insurance, a party leader says The plan, likely named in reference to the title of Trump's "The Art of the Deal" book, will set out how the Democratic party plans to improve jobs, wages and the country's future "to make the economy work for all Americans, not special interests or just the wealthiest few". [Full Article...]


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