Business

State Street Corp Sells 454304 Shares of HollyFrontier Corporation (HFC)

Cigna Investments Inc. New acquired a new stake in shares of HollyFrontier Corporation during the fourth quarter valued at $206,000. Stockman Asset Management boosted its stake in HollyFrontier Corporation by 1.1% in the third quarter. This represents a $1.32 annualized dividend and a yield of 4.03%. HollyFrontier Corporation's payout ratio is -65.02%. If you are viewing this piece on anothe... [Full Article...]

Carlos Ghosn stepping down as Nissan CEO

Carlos Ghosn stepping down as Nissan CEO Shareholders will vote on the move at Nissan's general meeting in June. Ghosn took massive steps such as closing five domestic factories, cut 21,000 jobs and halved the number of Nissan parts suppliers. Saikawa will be Nissan's first Japanese chief in 17 years. Carlos Ghosn, CEO of French automaker Renault, gestures during the presentation of the group's 2016 results at the group's headquarters ... [Full Article...]

Ivanka Speaks Out After More Jewish Centers Threatened

The letter said that the JCC Association of North America has reported 68 incidents of threat on 53 Jewish Community Centers in 26 states since January 1. We must protect our house of worship & religious centers. It was determined that the threat was non-credible and the building was not evacuated. An Albany police auto is parked outside the Albany Jewish Community Center following a bomb thre... [Full Article...]

Jobless claims rise by 6000 to 244000

There was a slight increase on the number of Americans filing for unemployment benefits, but overall, the number of claims slumped to their lowest levels since 1973. Jobless claims have remained below 300,000 for 103 consecutive weeks, the longest such streak since 1970-when the US workforce and population were far smaller than they are today. [Full Article...]

Uber Investors Slam Company Over Handling Of Sexual Harassment Claims

According to more than 30 current and former employees who spoke to Mike Isaac at The New York Times , the problems at Uber go well beyond those described by Fowler, including an incident in which an Uber manager allegedly groped female co-workers during a company retreat in Las Vegas (the manager was sacked within 12 hours, the Times reports). [Full Article...]

Dirt-cheap flights to Europe are now a reality

The new routes will be operated by Norwegian Air International , Norwegian's Irish subsidiary, which finally won approval from the USA government in December 2016 to expand their services. Passengers have the option to receive additional savings by bundling a seat reservation, pre-ordering a meal service (including alcoholic beverages) and prepaying for checked luggage. [Full Article...]

Hungary: Opposition blamed for decision to scrap Olympic bid

An Olympic themed monument stands beside the California state flag at the Los Angeles Memorial Coliseum after rival Budapest dropped its bid for the 2024 Olympics, in Los Angeles , California on February 22, 2017. The government said it backed down because there was no longer a "national consensus" on the issue after several left-wing parties backed the referendum. [Full Article...]

Stock Price of Home Depot, Inc. (The) (HD) Increases 2.25%

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Moreover, Piper Jaffray issued Downgrade rating for the stock on 31-Oct-16. Feb 21 Home Depot Inc , the world's largest home improvement chain, reported higher-than-expected profit and sales, helped by a strong US housing market, and set a $15 billion share repurchas... [Full Article...]

Walmart cashier helps family of 5 pay for groceries

Walmart cashier helps family of 5 pay for groceries One casual trip to Walmart turned into a huge surprise for one Midlands family of five, when their cashier gave them $100 dollars toward their groceries. We have the money. She added: "I plan to pay it forward in the future any way I possibly can to help somebody because the feeling I felt when she did that was just overwhelming", Jordan said. [Full Article...]

I'm Used To Difficult Draws - Jose Mourinho Has No Europa League Preference

I'm Used To Difficult Draws - Jose Mourinho Has No Europa League Preference That said, the first Manchester United player to be axed could be Dailey Blind and one of the main reasons Jose Mourinho is willing to let the Dutchman leave is so that he can make room for Benfica defender Victor Lindelof. United tightened its grip on the match with a strong defensive performance after moving ahead, despite playing with 10 men in the final half-hour after Eric Bailly was shown ... [Full Article...]

Auto Manufacturers - Major: General Motors Company (NYSE:GM) Position of the day

Auto Manufacturers - Major: General Motors Company (NYSE:GM) Position of the day General Motors Company (NYSE:GM) reported its previous quarter on 02/07/2017 where it reported the Actual Earnings of $1.28. Finally, Teacher Retirement System of Texas boosted its stake in shares of General Motors Company by 3.0% in the third quarter. [Full Article...]

Is A March Rate Hike In The Cards?

Is A March Rate Hike In The Cards? Many Fed policymakers said it may be appropriate to raise rates again "fairly soon" should jobs and inflation data come in line with expectations, according to the minutes of the Fed's January 31-Feb. Fed members need to know more to assess how the US economy will respond and whether any action might be needed to avoid overheating. Such policies could boost growth but also fuel inflation. [Full Article...]

Commodity Price Surge Bolsters BHP's First Half Profits

Looking at the past 52 week period, the stock price is up at 64.56%. Fox Run Management L.L.C. increased its stake in BHP Billiton PLC by 8.7% in the third quarter. BHP Billiton plc with EPIC/TICKER LON:BLT has had its stock rating noted as "Reiterates" with the recommendation being set at "SELL" this morning by analysts at Liberum Capital. [Full Article...]

Wells Fargo fires execs amid accounts scandal

Wells Fargo announced Tuesday that it had fired four executives as its board of directors nears completion of its investigations into sham accounts set up by low-level employees to allegedly meet sales quotas. The firm is still the focus of investigations by federal, state and local authorities. Separately, Wells Fargo has moved to dismiss some lawsuits filed by affected customers and resol... [Full Article...]

Clemson graduate killed in Australian plane crash

Grace Martin watched on in horror as a charter plane carrying five people to crash into a Melbourne retail outlet. Victorian Premier Daniel Andrews said it was "the worst civil aviation accident that our state has seen for 30 years". Flights are being diverted to Melbourne and Avalon Airports. Pictures from above the crash site show clear damage to the roof of the shopping centre. [Full Article...]

Milo Yiannopoulos's Comments "Condoning Pedophilia" Cost Him His Book Deal

Milo Yiannopoulos's Comments Yiannopoulos's invitation to speak at the annual conference on Monday after old clips of him discussing relationships between children and adults emerged on Sunday. "Those older men help those young boys to discover who they are and give them security and safety and provide them with love", he said . Yiannopoulos has since said that his views were distorted and that he was talking about older... [Full Article...]

Bao Bao prepares to leave USA for China

One of the nation's beloved giant pandas packed her bags and moved to China on Tuesday. And there will be plenty to snack on. Since she loves bamboo, caretakers are arranging to take 50 pounds of it, along with sweet potatoes and apples. Fans will be able to watch her departure from the zoo and airport on the zoo's Facebook page . And Bao Bao will be traveling in a roomy, customized crate, not si... [Full Article...]

UK Government Surplus Of £9.4 Billion In January, Best Since Crash

January is usually a strong month for the government finances with strong quarterly inflows of corporate tax receipts and individual self-assessment tax receipts which pushes the budget into monthly surplus. John Hawksworth, chief economist at PwC, thinks that borrowing for the financial year could be less than £60bn. However, the surplus was below the expected level of GBP 14 billion. [Full Article...]

Commodities Are Mixed, Crude Oil Rose Due to Renewed Optimism

What's more impressive than the technicals is the environment oil is rally in. There is no evidence that they are chasing the market higher. "If, on the other hand, bulls lose their strength and light sweet crude oil drops back below $52.68/b, the lower rising trend-line will be tested". [Full Article...]

Kraft Heinz withdraws bid to buy Unilever

Those were some of the factors that drove Oreo and Chips Ahoy maker Mondelez International - which was split from Kraft in 2012 -to make an unsuccessful takeover bid for Hershey past year before retreating. The other 40 per cent of the consideration consisted of shares in the enlarged company. The hostile reaction to the takeover bid from both British politicians and Unilever themselves has se... [Full Article...]


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