Business

Wednesday's Biggest Winners and Losers in the S&P 500

Wednesday's Biggest Winners and Losers in the S&P 500 The S&P 500 gained 2.78 points, or 0.11 per cent, to 2,476.61. The Nasdaq composite advanced 0.36 percent and also notched a record high. But IBM sank 4.2 percent after suffering its 21st straight quarter of declining revenue as second-quarter net income dipped seven percent to $2.3 billion. [Full Article...]

Sears will sell Kenmore products on Amazon

Sears will sell Kenmore products on Amazon The heritage denim brand has fully accepted the digital age. "These are people over 50 who live in the suburbs - a demographic Amazon has never done well with", said Lee Peterson, executive vice president of brand, strategy and design for WD Partners. [Full Article...]

Banks set ablaze after Policeman Allegedly killed 3 Trailer Drivers in Apapa

Banks set ablaze after Policeman Allegedly killed 3 Trailer Drivers in Apapa It was gathered that the firemen had to leave the area for fear of being brutalised by the tanker drivers and their fire trucks vandalised. The bank said: "An armed mobile policeman fleeing from an irate mob after shooting a tanker driver disrupted banking operations at the Sterling Bank branch on Creek Road this morning". [Full Article...]

Saudi-led air strikes kill at least 20 people in Yemen

Saudi-led air strikes kill at least 20 people in Yemen Geneva - At least 20 civilians have been killed in an airstrike in Yemen, the UN Refugee Agency (UNHCR) reported on Wednesday, as it highlighted the threat to internally displaced people in the war-torn country. On Tuesday, the Riyadh regime prevented the United Nations flight from taking off from Djibouti to the Yemeni capital of Sana'a, which is now under the control of Houthi Ansarullah movemen... [Full Article...]

ONGC - HPCL Merger Plan On Ministry Table; Pradhan Weighs In-Principle Nod

ONGC - HPCL Merger Plan On Ministry Table; Pradhan Weighs In-Principle Nod The government owns 51.1 percent stake in HPCL . ONGC , which has cash reserves of Rs 13,014 crore, also has an option to sell part or all of its 13.77 per cent stake in International Olympic Committee which is worth almost Rs 25,000 crore. [Full Article...]

Oil Bounce Continues, Despite Rising Inventories (USO)

Oil Bounce Continues, Despite Rising Inventories (USO) Nigeria and Libya have been "invited" to attend, but we feel the chances of either joining the overall cuts is remote as are the chances of any other surprises on that front. Canadian home sales fell 6.7% in June, the biggest monthly decline since 2010 as the government rolled out stricter requirements for buyers. Oil prices edged up this morning in choppy trading, with traders still unconvinc... [Full Article...]

Discovery in Talks to Combine With Scripps Networks

Discovery in Talks to Combine With Scripps Networks Standpoint Research downgraded the shares of CELG in report on Wednesday, November 9 to "Hold" rating . At the time of writing, the First Call consensus price target for the company is $13.15. During the same period in the prior year, the company posted $1.37 earnings per share . Over the past month the firm's stock is -0.49%, -10.05% for the last quarter, -10.66% for the past six-months and 1.8... [Full Article...]

USCA Responds to Case of Atypical BSE

USCA Responds to Case of Atypical BSE U.S. Cattlemen's Association President Kenny Graner said, "It must be reiterated that atypical BSE, as determined by the World Organization for Animal Health, does not affect the United States" current status as "negligible risk for BSE.' This categorization is a direct result of the fact that an atypical case occurs spontaneously in all cattle populations at a very low rate". [Full Article...]

BHP to expand USA onshore work, though output falters

BHP to expand USA onshore work, though output falters With 2.55 million avg volume, 7 days are for Bhp Billiton Limited (NYSE:BHP)'s short sellers to cover BHP's short positions. Finally, Narwhal Capital Management raised its stake in BHP Billiton Limited by 3.4% in the second quarter. 3 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 38787.2 million while high and low sale target... [Full Article...]

BBC disclose presenters and personalities paid over £150000

BBC disclose presenters and personalities paid over £150000 Of the most highly paid on-air stars, the top seven are all white males. Evans reportedly takes in between 2,200,000 pounds ($2,867,920) and 2,249,999 pounds ($2,933,098) per year, which is as much as 1,849,999 pounds ($2,411,658) more than the five people who are tied for 10th make. [Full Article...]

Audi Commercial in China Compares Women to Used Cars

Audi Commercial in China Compares Women to Used Cars She inspects the bride's nose, ears and teeth closely before giving a "yes" nod to the marriage. Indeed, there must have been a whole conference table of people when the idea of comparing a bride to a used auto was mooted. The point of this spectacle is to suggest that this sort of rigorous inspection is similar to the one enjoyed by Audi's used cars. The anger over the China advert comes just... [Full Article...]

This Beyoncé wax work might just be the worst yet

This Beyoncé wax work might just be the worst yet Kylie Jenner recently unveiled her new wax figure at Madame Tussauds Hollywood and it is so lifelike that even her family couldn't tell them apart. "Go visit my girl tomorrow in Hollywood and see the actual dress I wore to the Met Gala a year ago!" Bey's got several figures in different outfits at various Madame Tussauds locations, and people don't think any of them look much - heck, a... [Full Article...]

Private Lenders Struggle to Prove Ownership of Student Loans in Court

Private Lenders Struggle to Prove Ownership of Student Loans in Court These numbers come from court filings . Throughout the United States, National College Student Loan Trusts have brought at least four new collection cases every single day. Judges throughout the USA, including recent cases in Ohio, New Hampshire, and Texas, have thrown out lawsuits by National Collegiate because the trusts could not prove they owned the debt they were trying to collect. [Full Article...]

Whose side are you on? Separate lawyers defend Trump, aides

Whose side are you on? Separate lawyers defend Trump, aides On Saturday, the White House announced that Trump had hired Washington attorney Ty Cobb to serve as his special counsel to handle the White House's response to the Russian Federation probes. Donald Trump's approval rating has reached a historic new low in a new ABC News/Washington Post poll , with nearly half of Americans believing the country to be weaker since he took office. [Full Article...]

ASOS plc's (ASC) "Buy" Rating Reiterated at Liberum Capital

ASOS plc's (ASC) Bogle Investment Management Lp increased Ttm Technologies Inc Com (NASDAQ:TTMI) stake by 610,484 shares to 915,352 valued at $12.48 million in 2016Q4. Analysts expect BAVARIAN NORDIC SPON ADR EA REPR 0.3333 ORD (OTCMKTS:BVNRY) to report $0.14 EPS on August, 16.BVNRY's profit would be $13.23M giving it 34.95 P/E if the $0.14 EPS is correct. [Full Article...]

New £10 Note Unveiled In Winchester

New £10 Note Unveiled In Winchester The new notes, made of polymer, will be entering circulation in September. The new note also has the same animal fat base that had triggered protests from Hindu groups in the United Kingdom previous year. "Her novels have an enduring and universal appeal and she is recognised as one of the greatest writers in English literature". The Bank of England has reportedly already printed 275 million £... [Full Article...]

Won't accept old notes, center tells Supreme Court

Won't accept old notes, center tells Supreme Court The federal government Monday filed an affidavit in the Supreme Court of India over the demonetisation row, saying it was not ready to extend the window period for depositing old currency notes. There was gross abuse of the exemptions granted for use of old SBNs. The government said that this round of demonetisation as opposed to the earlier round in 1978 had a 51-day window as opposed to a si... [Full Article...]

Blue Apron shares tumble after Amazon files for meal-kit trademark

Blue Apron shares tumble after Amazon files for meal-kit trademark It has worked for over a decade on its Amazon Fresh online grocery delivery service, and last month , agreed to acquire upscale grocery chain Whole Foods Market for $13.7 billion in cash. Amazon didn't immediately return a request for comment. "I remember a few year backs reading an interview with one of the executives from Plated, another meal-kit company", Smith tells Marketing Daily. [Full Article...]

Chinese economy steady amidst slowdown worries

Chinese economy steady amidst slowdown worries Separate government figures also suggested that the Chinese economy seems to be holding up, despite persistent worries over the country's growing debts. China's economy is holding steady. As part of a broader effort to temper financial risks stemming from a build-up of debt since the 2009 financial crisis, Chinese authorities have slapped a flurry of cooling measures over the past year to defuse... [Full Article...]

Delta Reacts To Ann Coulter's Criticism, Twitter Supports Airline

Delta Reacts To Ann Coulter's Criticism, Twitter Supports Airline Coulter's Twitter tirade started on Saturday, when she said she was forced to give up her extra-legroom seat on a flight from NY to Florida. Coulter claimed she was upset over the alleged seat change because she took the time to "investigate" Delta's aircraft and meticulously chose her "pre-booked seat". [Full Article...]


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