Business

Baird Analysts Give Wal-Mart Stores (NYSE:WMT) a $110.00 Price Target

Baird Analysts Give Wal-Mart Stores (NYSE:WMT) a $110.00 Price Target Piershale Financial Group Inc. now owns 1,612 shares of the retailer's stock worth $116,000 after buying an additional 5 shares in the last quarter. The firm's quarterly revenue was up 4.2% compared to the same quarter past year. (NYSE: WMT ) on Tuesday, August 15 with "Buy" rating. The firm earned "Hold" rating on Wednesday, August 23 by Jefferies. The rating was maintained by Macquarie Research ... [Full Article...]

Ripple, MoneyGram Announce Partnership to 'Modernize' Payments

Ripple, MoneyGram Announce Partnership to 'Modernize' Payments MoneyGram, a major player in the $600-billion-a-year remittance market, is similarly afflicted. The companies announced Thursday that MoneyGram will test XRP in payment flows through xRapid , Ripple's on-demand liquidity service. Ripple provides one frictionless experience to send money globally using the power of blockchain. Global payments is a growing market, particularly with mobil... [Full Article...]

GM plans to release cars with no steering wheel in 2019

GM plans to release cars with no steering wheel in 2019 GM said the self-driving cars will be built on the Chevrolet Bolt EV platform next year and it's asking to meet 16 safety requirements "in a different way", Paul Hemmersbaugh, GM's chief counsel and public policy director for transportation and service, said. [Full Article...]

Sam's Club closing 63 stores around the country

Sam's Club closing 63 stores around the country The news came as a surprise for the people who worked in some of those stores because majority walked into a sign announcing the closure, instead of their jobs. "Transforming our business means managing our real estate portfolio and Walmart needs a strong fleet of Sam's Clubs that are fit for the future", Sam's Club CEO John Furner said in a statement. [Full Article...]

US core consumer prices record biggest gain in 11 months in December

US core consumer prices record biggest gain in 11 months in December Analysts polled by Reuters had predicted December's consumer inflation rate would climb to 5.10%, the highest since July 2016, from 4.88% in November. The 10-year breakeven rate ended marginally higher on the day at 2.02 percent in advance of next week's $13 billion of 10-year TIPS supply. "The disaggregated data poses a mixed trend with high growth in consumer non durables, infra/construction g... [Full Article...]

Tesco is festive victor reporting record Christmas sales

Tesco is festive victor reporting record Christmas sales However, the supermarket giant said the collapse of Palmer & Harvey did impact tobacco sales during the period. Tesco had been tipped to outperform the rest of the big four in the third quarter, but that title appears to have been taken by Morrisons , which posted like-for-like sales rises of 3.7 per cent earlier in the week. [Full Article...]

Walmart announces raises and bonuses - then closes some stores

Walmart announces raises and bonuses - then closes some stores The move comes three years after Wal-Mart last announced it was raising wages, spending $1 billion in 2015 to lift starting hourly pay to $9 and then to $10 the following year - for workers who complete a 90-day training course. According to Carl Quintanilla of CNBC , almost 85,000 employees have 20 plus years of service and will qualify for the full $1,000, while another 200,000 or so will... [Full Article...]

Officials react to Alabama Toyota-Mazda plant announcement

Officials react to Alabama Toyota-Mazda plant announcement According to a report from Automotive News , the Japanese automakers decided on Huntsville, Alabama as the site of their upcoming facility, after narrowing down their choices between Alabama and North Carolina. "NO WAY! Build plant in US or pay big border tax", then-President-Elect Trump tweeted early a year ago. "A great investment in American manufacturing!" Folsom who helped land Mercedes in... [Full Article...]

Packers to hire Mike Pettine as defensive coordinator

Packers to hire Mike Pettine as defensive coordinator Pettine, 51, has been out of the league since getting fired in 2015 after two largely unsuccessful seasons with the Cleveland Browns . Pettine would succeed Dom Capers , who was sacked last week after a disappointing 7-9 season. Pettine was chosen to replace longtime Packers coordinator Dom Capers , a Cambridge, Ohio native, and graduate of the University of Mount Union. Green Bay's defen... [Full Article...]

Plastic microbeads ban comes into force across UK

Plastic microbeads ban comes into force across UK They have been widely criticised by environmentalists and marine conservationists for their harmful effects on animals and the environment. "They can be ingested directly into the fish and while we're still looking for extra evidence on the impact on human health, the point is that they don't need to be there and that's why we've taken the steps to have this ban". [Full Article...]

Amazon CEO Jeff Bezos is world's richest person

Amazon CEO Jeff Bezos is world's richest person Amazon CEO Jeff Bezos replaces Bill Gates as wealthiest person in the world, topping $105 billion. Bezos' fortune , according to the Bloomberg Billionaires Index, grew as Amazon.com shares added to a 12-month surge that's lifted the online shopping giant's market value by nearly 57 per cent. [Full Article...]

Two planes involved in ground collision at Toronto airport

Two planes involved in ground collision at Toronto airport Officials say an empty Sunwing plane struck a WestJet aircraft - inbound from Cancun, Mexico, with 168 passengers and six crew members - while both planes were on the tarmac. The Greater Toronto Airports Authority said passengers were removed from the plane as quickly as possible, and emergency services responded to aid in the safe exit of passengers via emergency slides. [Full Article...]

The Inspiring Words That Are Getting Lena Dunham Through Her Breakup

The Inspiring Words That Are Getting Lena Dunham Through Her Breakup Unfortunately, Girls creator Lena Dunham is not one of these women, which has made the internet collectively scratch their heads over an Instagram post she shared of a group photo of her and the women of the Times Up movement . This is a time of reckoning. So many women also have real work to do. Worse, Lena has yet to publicly apologize to Aurora despite information surfacing that the pe... [Full Article...]

Aldi and Lidl are Britain's fastest-growing supermarkets

Aldi and Lidl are Britain's fastest-growing supermarkets Overall supermarket sales increased in value by 3.8%, with Brits spending a nearly £30bn in the last 12 weeks before Christmas, an extra £1bn compared to the same period past year. The implication seems to be that Tesco has managed to grow sales volumes by cutting prices, which would put pressure on margins and, subsequently, profits. [Full Article...]

NVIDIA Teams Up With Uber And VW On Self-Driving Cars

NVIDIA Teams Up With Uber And VW On Self-Driving Cars It will power the NVIDIA DRIVE software stack, and a trio of AI and artificial realityplatforms covering every aspect of the experience inside next-generation vehicles, Huang says. According to Tech Crunch , " Nvidia will power artificial intelligence technology built into its future vehicles, including the new I.D. Buzz, its all-electric retro-inspired camper van concept". [Full Article...]

GoPro announces layoffs and end of drone business

GoPro announces layoffs and end of drone business As a result, GoPro will reduce operating expenses by $80 million over the previous year. GoPro said the restructuring will set the company back between $23 million and $33 million, much of which will be cash expenditures to cover severance and related costs. [Full Article...]

Oil Price Rises Above $68, Highest Since 2015

Oil Price Rises Above $68, Highest Since 2015 Oil prices have received general support from production cuts led by OPEC and Russian Federation, which started in January previous year and are set to last through 2018, as well as from strong economic growth and financial markets. Canada, Saudi Arabia , and Venezuela were the largest foreign suppliers of crude oil to the U.S. That is down 20 percent from their historic peaks last March an... [Full Article...]

Planes collide at Toronto airport, causing fire, evacuation

But passengers have offered accounts of confusion aboard the plane and allegations that procedures were not clearly communicated. After a couple of seconds the entire thing ignited and it was chaos inside the plane. "I started crying because I realized what happened", she said. "I was telling my wife, 'to hell with keeping seated, we've got to get out of here"'. [Full Article...]

President Trump Wants A Border Wall In Exchange For Keeping DACA

President Trump Wants A Border Wall In Exchange For Keeping DACA The congressman says the president is using immigration reform as a bargaining chip in getting what he wants. The Democrats want to make DACA the focus of January's negotiations around funding the government, and Trump sees this as the ideal moment to throw in his border wall gambit. [Full Article...]

Indian Banking Apps Hit By Malware; Hackers Are Stealing User Data!

Indian Banking Apps Hit By Malware; Hackers Are Stealing User Data! The Trojan malware, named " Android .banker.A9480", is created to steal personal data from users, Quick Heal Security Labs reports. "It is also strongly advised to keep device OS and mobile security app up-to-date". "If the user clicks on the notification, they are shown a fake login screen to steal the user's confidential info like net banking login ID and password", Quick Heal said. [Full Article...]


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