Money

Rovio Entertainment's revenue increases more than two-folds in the first half

Rovio Entertainment's revenue increases more than two-folds in the first half The company recently reported strong earnings growth for its second quarter and first-half cycles, up considerably from last year's drop in revenue which triggered restructuring and job cuts across the board. The company, like many game makers, has been searching for new growth after its initial success with the Angry Birds mobile game. Levoranta also noted that improved licensing models that ... [Full Article...]

Diamond ring lost nearly 13 years ago turns up on garden carrot

Diamond ring lost nearly 13 years ago turns up on garden carrot Mary initially hid the fact that she lost her ring from Norman for obvious reasons. "I recognised it right away", said Grams. She tells CBC , "I thought for sure either they roto-tilled it, or something happened to it". If you've ever been engaged or married, you're probably familiar with that terrifying moment when your ring is misplaced temporarily. But to her surprise, her missing c... [Full Article...]

Monarch Capital Management Inc. Acquires 10120 Shares of Target Corporation (TGT)

Monarch Capital Management Inc. Acquires 10120 Shares of Target Corporation (TGT) Other institutional investors have also added to or reduced their stakes in the company. Atria Investments LLC now owns 7,760 shares of the retailer's stock valued at $428,000 after buying an additional 1,305 shares during the period. The ex-dividend date of this dividend is Monday, August 14th. One hundred of those stores will be done by year's end and the company anticipates performance there wi... [Full Article...]

CIO President Trumka steps down from Trump manufacturing council

CIO President Trumka steps down from Trump manufacturing council The departures have come amid criticism of the president for not initially and specifically condemning neo-Nazis after a vehicle ran into a crowd of counter-protesters at a white supremacist rally in Charlottesville, Va., killing one. Trump didn't appear overly fazed by the departures. In a statement from Trumka given before Trump's latest remarks, the labor leader said his organization was clea... [Full Article...]

"Disappointing" second quarter for Urban Outfitters

Bank of New York Mellon Corp increased its stake in Urban Outfitters by 0.3% in the second quarter. Urban Outfitters (NASDAQ: URBN ) last announced its quarterly earnings data on Tuesday, August 15th. During the same period previous year, the business posted $0.66 EPS. On average, equities research analysts forecast that Urban Outfitters, Inc . will post $1.39 earnings per share for the current... [Full Article...]

Lawsuit: Bucks County woman finds rodent in Chick-Fil-A sandwich

Lawsuit: Bucks County woman finds rodent in Chick-Fil-A sandwich The 46-year-old woman in question, Ellen Manfalouti, says she "felt something amusing on the bottom of the bun", while biting into what should have been a routine lunch last November. James Kwon told his career coach Chick-fil-A expressed disinterest in his addition to their restaurant suggesting that those 'with disabilities would not be able to succeed'. [Full Article...]

Donald Trump, in his tweet, attacks Amazon over jobs and taxes

Donald Trump, in his tweet, attacks Amazon over jobs and taxes Shares up slightly, about 0.5%, on Wednesday morning following the president's tweet. US President Donald Trump has done it again. Amazon has been a frequent target of Trump on Twitter. Blue Apron is the most notable example, as the company lowered its expected range for its initial public offering after Amazon announced its intent to buy Whole Foods, and has been sinking ever lower since... [Full Article...]

Singapore surpasses Hong Kong as Asia's third most liveable city

Singapore surpasses Hong Kong as Asia's third most liveable city Singapore has since moved up a whopping 11 spots, coming in as the 35th most liveable city in the world, largely thanks to "consistent and impressive educational attainment, which has delivered a flawless score for education". Melbourne is the most liveable city in the world, followed by Austrian capital, Vienna and Canada's Vancouver in the second and third place respectively, reveals a survey... [Full Article...]

Years Later and We're Still Wondering: Did the Media Murder Princess Diana?

Years Later and We're Still Wondering: Did the Media Murder Princess Diana? As part of the new 120-min doc from 1895 Films ( Challenger Disaster: Lost Tapes; MLK: The Assassination Tapes ), Jennings and his team had to bring Diana's story to the screen in a unique way. "She'd come and go and she'd come in probably at bath time, cause an fantastic ... scene, bubbles everywhere, bathwater all over the place, and then leave", he told ITV. [Full Article...]

There must be no border posts with Ireland after Brexit: UK

The UK has already said it will leave the customs union - the EU's tariff-free trading area - after Brexit , and businesses have been calling for clarity on what the replacement system will involve. The proposals are contained in the Government's first " future partnership paper ", which will be published today by the Department for Exiting the European Union (DExEU). [Full Article...]

Latest figures expected to show higher food prices and falling real wages

Latest figures expected to show higher food prices and falling real wages The Brexit-hit pound has caused inflation to march higher up until this point, with wage growth now lagging behind inflation. RPI, a separate measure of inflation which includes council tax and mortgage interest payments, is expected to grow by 3.5% in July, the same rate as June. [Full Article...]

Costco ordered to pay $19.3M for selling "Tiffany" rings

Costco ordered to pay $19.3M for selling Costco learned a very expensive lesson this week: A " Tiffany " ring is a specific product sold by a specific company; not just a generic name for any diamond engagement ring. Notably, Tiffany & Co. did not claim in the lawsuit that it lost a single sale to Costco as a result of any sign. " Tiffany identified fewer than 10 who said that they had misunderstood Costco's signage", it said in a st... [Full Article...]

The TJX Companies, Inc. (NYSE:TJX) Sees Volume Pop in Session

The TJX Companies, Inc. (NYSE:TJX) Sees Volume Pop in Session Schwab Charles Investment Management Inc holds 0.46% or 5.44 million shares. Bluecrest Cap Management Limited holds 0.12% of its portfolio in TJX Companies Inc (NYSE: TJX ) for 29,473 shares. Stockholders of record on Thursday, August 10th will be given a $0.3125 dividend. The difference between the expected and actual EPS was $-0.01/share, which represents an Earnings surprise of -1.8%. [Full Article...]

Buffett offloads stake in GE

Buffett offloads stake in GE GE just recently promoted John Flannery to CEO, as Jeff Immelt stepped aside. The insurer looks to be staying invested in at least one GE legacy business, picking up 17.5 million shares of Synchrony Financial for an estimated $560 million. [Full Article...]

Uber wants operation to resume in Philippines

Uber wants operation to resume in Philippines Uber drivers caught giving rides during that time will face a fine of more than $2,300 and have their cars impounded for three months, the agency said, according to CNN Philippines . "We will now review whether or not to renew (Uber's) accreditation just like any TNC, we will (look at its) performance", Lizada said. Uber is in open conflict with regulators again - this time in the Philippines. [Full Article...]

Thomas: Jealousy of Spieth fueled PGA triumph

Thomas: Jealousy of Spieth fueled PGA triumph That's right: He nailed Sergio Garcia winning the Masters, Brooks Koepka taking home a U.S. Open win and Justin Thomas claiming victory at the PGA Championship , a feat that's astounding when you think about it. Fellow American Patrick Reed (67) bogeyed the last to finish equal second with Francesco Molinari (67) and Louis Oosthuizen (70). The birdie on the 10th was an indication of the g... [Full Article...]

Uber Accepts 20 Years Of Audits Over FTC's Privacy Charges

Uber Accepts 20 Years Of Audits Over FTC's Privacy Charges The settlement between the ride hailing company and the federal agency is just the latest wrinkle in the long saga over Uber's repeated privacy failures. In a statement forwarded via e-mail, an Uber representative announced that the company is relieved to bring FTC's investigations to a close finally. [Full Article...]

North Korea talk drags stocks lower; gold, yen rise

North Korea talk drags stocks lower; gold, yen rise Pacific territory of Guam. "Both (PPI measures) were well below consensus and give us no hope that consumer price inflation is going to materially beat expectations", said Chris Weston, chief market strategist at IG Markets. Dalio, who manages Bridgewater Associates, also said he sees rising odds of Congress failing to increase the USA debt ceiling, leading to a technical default. [Full Article...]

Magellan Midstream Partners LP (MMP) Holdings Decreased by Westwood Holdings Group Inc

Magellan Midstream Partners LP (MMP) Holdings Decreased by Westwood Holdings Group Inc As of quarter end Castleark Management LLC had sold 1,300 shares trimming its position 4.6%. Massachusetts-based Wade G W has invested 0.12% in Magellan Midstream Partners, L.P. Ladenburg Thalmann initiated the stock with "Buy" rating in Wednesday, September 2 report. Societe Generale upgraded Novartis AG (ADR) (NYSE:NVS) on Wednesday, March 8 to "Buy" rating . [Full Article...]

Wall Street opens higher as North Korea tension eases

Wall Street opens higher as North Korea tension eases South Korea's KOSPI fell 1.4 percent, taking its losses this week to almost 3 percent. Japanese markets were closed for a holiday but the yen powered on, hitting an eight-week high of 108.91 yen to the dollar, adding to its biggest weekly gain since May. [Full Article...]


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