Markets


PPG Sweetens Unsolicited Offer for Akzo Nobel to $28.8 Billion PPG Sweetens Unsolicited Offer for Akzo Nobel to $28.8 Billion
- April 25, 2017

USA firm PPG has increased its bid for Dulux owners AkzoNobel for the second time. Akzo Nobel responded: 'Akzo Nobel confirms today it has received a third unsolicited and conditional proposal from PPG for all outstanding share capital of the company. (more...)
Turkey hits Kurdish areas in Iraq's Sinjar, northeast Syria Turkey hits Kurdish areas in Iraq's Sinjar, northeast Syria
- April 25, 2017

The Observatory had earlier said only three were killed. The two regions have become "terror hubs", the Turkish army said, with the PKK frequently using these areas to channel militants, weapons, bombs and ammunition into Turkey. The Kurdish group, which has led an insurgency in southeast Turkey since 1984, is considered a terror organization by Turkey and its allies. PKK - listed as a terrorist organization by Turkey, the US, and European Union - resumed its armed campaign against Turkey ... (more...)
Smith in the mix at Texas Open golf Smith in the mix at Texas Open golf
- April 24, 2017

He finally grabbed a share of the lead on the par-5 18th, after nailing his third shot to within five feet and sinking a birdie putt to finish off his round of 65. "I really wanted to go for it - I really wanted to", Koepka said. "I've had experience here before with the winds, so I brought my mental game and my patience and it paid off". (more...)
United CEO won't add chairman title in 2018 as was planned
- April 23, 2017

Under a previous employment agreement, United Continental Holdings chief executive Oscar Munoz was scheduled to become chairman of the board next year, in addition to retaining his current position. Mr Munoz later confirmed that the company would no longer use police officers to remove passengers and said a review of how the company handled oversold flights would be made available at the end of April. (more...)
Volkswagen to Pay $2.8 Billion in US Diesel Emissions Scandal Volkswagen to Pay $2.8 Billion in US Diesel Emissions Scandal
- April 22, 2017

During the sentencing hearing, the court accepted the parties' plea agreement, which requires VW to pay a $2.8 billion penalty stemming from the company's decade-long scheme to sell diesel vehicles containing software created to cheat USA emissions tests. (more...)
Verizon drops 307000 wireless customers — Business Briefs
- April 21, 2017

Total revenues for Verizon's wireless business were $20.9 billion in the first quarter, a decline of 5.1 percent from one year ago, which was largely due to decreased overage revenue, lower postpaid customers in the quarter and continued promotional activity, Verizon said. (more...)
United Airlines to refund fares to all Flight 3411 passengers United Airlines to refund fares to all Flight 3411 passengers
- April 19, 2017

In the video, a 69-year-old Chinese-American man was dragged off of a United Airlines flight by officers at O'Hare International Airport after he refused to give up his seat. "No one should ever be mistreated this way", Munoz said. The video, which can be viewed at The Huffington Post , was taken by a fellow passenger identified as Joyce Cummings and shows Dao telling the security officer that he will not leave the plane. (more...)
Kapanen scores double OT winner as Leafs beat Capitals 4-3 Kapanen scores double OT winner as Leafs beat Capitals 4-3
- April 18, 2017

Washington defenseman John Carlson had lost his stick earlier in his shift, attempted to block the shot but was unable to make a play on Kapanen. Games 3 and 4 are in Toronto on Monday and Wednesday. "It's nothing we're not used to". "He's been good, too". "Hunwick's a key guy for us, wears an A for us, does things right every day on and off the ice". (more...)
Apple may be coming to Toshiba's rescue Apple may be coming to Toshiba's rescue
- April 15, 2017

After the warning by Western Digital, Apple's recent interest will give way to more complexities, as the company is cash-rich and has big influence as the maker of the iPhone, notes Bloomberg . Toshiba is battling to survive in the face of £4.2bn losses, the bankruptcy of its nuclear business Westinghouse and a crisis of investor confidence. (more...)
Removal of United passenger shines light on airport police
- April 14, 2017

United's CEO Oscar Munoz, had to be asleep when he first responded to the sordid affair that has left 69-year-old Dao, according to his attorney, suffering with a concussion, broken nose, damaged sinuses and the loss of two front teeth. Demetrio said the family plans to file a lawsuit once the lawyer's investigators are completed and hinted that United Airlines may not be the only defendant in the case. (more...)
Uber denies stealing Google technology Uber denies stealing Google technology
- April 13, 2017

He and two other Waymo employees are accused of downloading thousands of confidential files, including lidar circuit board designs, before he left Waymo past year and launched his own robocar startup, Otto, that was acquired by Uber for $ 680 million . (more...)
Capital One Financial Corporation (NYSE:COF) from Credit Services - Todays Top Gains
- April 13, 2017

Capital One Financial Corporation (COF)'s growth estimate is 4.9 percent for the current quarter. Its last month's stock price volatility remained 2.64% which for the week stands at 2.51%. will post $7.88 EPS for the current year. "(COF)" was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this story on another website, it was stolen and republished in violation of United States and worldwide trademark and copyright laws. (more...)
Inflation offers temporary respite as prices hold at 2.3% Inflation offers temporary respite as prices hold at 2.3%
- April 13, 2017

United Kingdom unemployment fell to its lowest since 1975 in the three months to the end of February - but wage growth fell again, suggesting workers are about to be hit by a "perfect storm" of high inflation and weakening pay increases. (more...)
After Syria attack, Tillerson vows to defend innocents
- April 11, 2017

Looking to build their case against Assad, Italy has invited the foreign ministers from Turkey, Saudi Arabia, United Arab Emirates, Jordan and Qatar to sit down with the G7 group on Tuesday morning to discuss Syria. The British foreign secretary had been due to visit Russian counterpart Sergey Lavrov in Moscow before the G-7 meeting. Johnson said he was keen to seen further sanctions imposed on both Syrian and Russian "military figures". (more...)
Delta cancels flights for third day after storm hits Atlanta
- April 11, 2017

The No. 2 USA airline canceled around 3,275 flights through Saturday after powerful mid-week storms stranded and frustrated passengers during one of the busiest travel weeks of the year. Delta Air Lines, the biggest carrier at Hartsfield-Jackson, was still struggling Friday as it cancelled another 500 flights. According to Richmond International Airport's website , there is one delayed departure and one arrival flight from Boston Monday morning. (more...)
Israel Bans Dozens of Palestinians from Al-Aqsa Mosque
- April 10, 2017

Russia's Foreign Ministry has acknowledged West Jerusalem as the Israeli capital in a surprise announcement within a statement issued on Thursday. Russia's ambassador to Israel will meet with Foreign Ministry officials in the coming days to discuss the announcement and what it means, according to the Post , which also reported that there is now no intention of moving Russia's embassy to Jerusalem. (more...)
Yum's KFC to Curb Antibiotic Use in the Chickens it Buys Yum's KFC to Curb Antibiotic Use in the Chickens it Buys
- April 08, 2017

Officials say it can lead to germs becoming resistant to drugs, making antibiotics no longer effective in treating some illnesses in humans. There is some evidence that such actions can improve sales: McDonald's Corp. "This announcement is a win for anybody who might someday depend on antibiotics to get well or even save their lives - i.e. everybody", Wellington added. (more...)
Gambler tied to Phil Mickelson convicted of insider trading Gambler tied to Phil Mickelson convicted of insider trading
- April 08, 2017

Las Vegas gambler William "Billy" Walters just lost the bet of a lifetime. I just did lose the biggest bet of my life. "Frankly, I am in total shock". Thomas Davis, a former Dean Foods board chairman, testified that he fed Walters tips about major developments involving the company before they became known publicly. (more...)
India's tax reforms: Rajya Sabha passes GST Bill India's tax reforms: Rajya Sabha passes GST Bill
- April 07, 2017

The Congress withdrew all the amendments it had moved against the Bill. The anti-profiteering provision was introduced by the Indian government to ensure that any tax benefit caused by GST would be passed on to consumers through lower priced goods and services, and not serve to benefit companies. (more...)
Markets Right Now: US stocks are off to a mixed start Markets Right Now: US stocks are off to a mixed start
- April 07, 2017

It has underperformed by 10.98% the S&P500. Truepoint holds 0.02% or 1,344 shares in its portfolio. Senator Investment Grp Lp invested in 3.84% or 1.65M shares. Therefore 74% are positive. Constellation Brands had 35 analyst reports since August 27, 2015 according to SRatingsIntel. On Tuesday, September 20 the stock rating was downgraded by Stifel Nicolaus to "Hold". (more...)
Misbah announces retirement from global cricket Misbah announces retirement from global cricket
- April 07, 2017

Chairman Shaharyar Khan told reporters in Lahore on Wednesday he hasn't spoken to Misbah about his future plans, but believed three test matches against the West Indies could be Misbah's last global matches. Misbah-ul-Haq was central to one of the most riveting series in England for years, a 2-2 draw that left fans longing for a decider. "And now I think after taking everything into count this is the best time for me to also retire from Test matches", he said. (more...)
Trump signs bill blocking online privacy regulation
- April 05, 2017

But now that the rules have been struck down, the runway is open, and since the rules were repealed through the Congressional Review Act, a "substantially similar" rule can not be put in place except through the passage of a law. Most notably, the privacy rule would have prevented internet providers from using, sharing, or selling a subscriber's web browsing history without first getting their explicit permission. (more...)
Train derails at NYC's Penn Station; no injuries reported
- April 05, 2017

Midtown direct trains are running in and out of Hoboken Terminal where customers can access PATH and NJ Transit bus service. As commuters began to flood Penn Station late Monday afternoon, some admitted they left work early in order to get ahead of the delays and possible cancellations. (more...)
Pink Star Diamond Fetches Record $71.2 Million In Hong Kong
- April 05, 2017

The 59.6 carat stone, which is internally flawless and cut into an oval shape, sold for $71m (£57m) at Sotheby's in Hong Kong . The diamond was expected to be sold for $60 million by auction brokerage company Sotheby's . It eventually sold for $71.2 million, making it the most expensive gemstone ever sold at auction. "It is the biggest pink diamond ever discovered in the annals of mankind". (more...)
4 things to know about Equal Pay Day 4 things to know about Equal Pay Day
- April 05, 2017

Hundreds of local businesses across the country are offering 20 percent discounts to women and men as part of the campaign, including Found Coffee in Eagle Rock, FrankieLucy Bakeshop in Silver Lake, and LoveCakes in Atwater Village. Glassdoor combines job listings with anonymous reviews, ratings and salary data to help people find a job and company they love. We can't afford to see our hard work go to waste and neither can they. (more...)
March auto sales lag expectations, hurting vehicle firms' shares March auto sales lag expectations, hurting vehicle firms' shares
- April 05, 2017

The combined Honda and Acura total vehicle sales for March were down from the previous year, but the Civic remained the best-selling retail passenger auto in America for 2017's first quarter. The shares were acquired at an average price of $11.67 per share, for a total transaction of $1,999,992.93. Fiat Chrysler reported a 5 percent decline in sales to 199,467 units. (more...)
A Lot Of EpiPens Are Being Recalled Because Of A Potential Defect A Lot Of EpiPens Are Being Recalled Because Of A Potential Defect
- April 05, 2017

For better designation the "adult" dose has a yellow label and the "junior" dose has a green label. The statement reads, "The incidence of the defect is extremely rare and testing and analysis across the potentially impacted lots has not identified any units with a defect". (more...)
The first rocket relaunch in history The first rocket relaunch in history
- April 04, 2017

More than a decade ago, when Musk and SpaceX were in the planning and development stages for the Falcon 9 and its Merlin engines, Musk initially wanted to recover both stages of the rocket. He was at a loss for words after the Falcon 9 core landed on the bull's-eye of the ocean platform following liftoff with a broadcasting satellite, achieving what some had once told him was impossible. (more...)
Trump to sign executive orders targeting trade abuses Trump to sign executive orders targeting trade abuses
- April 03, 2017

This comes ahead of the US President's first meeting with Chinese President Xi next week. The US has a massive trade deficit of USD 347 billion with China, followed by Japan (USD 68.9), Germany (USD 64.9), Mexico (USD 63.2 billion), Ireland (USD 35.9 billion) and Vietnam (USD 32 billion). (more...)
Theresa May urged to `protect citizens of Gibraltar´ in Brexit talks Theresa May urged to `protect citizens of Gibraltar´ in Brexit talks
- April 01, 2017

The negotiating principles from the European Council stipulate that any future trade deal between the EU and the United Kingdom will not apply to the British territory - unless it is agreed by Spain. He added that there was no question of any negotiation over Gibraltar's future and said he would raise the matter with the secretary general of North Atlantic Treaty Organisation. (more...)
In Trump's White House drama, Priebus is favorite target
- March 31, 2017

White House officials, including Spicer, disputed reports that the Walsh transfer is a staff shake-up created to undercut Priebus. Walsh will now work with the pro-Trump political group America First Policies, as well as the Republican National Committee. (more...)
Fox News criticized for 'news alert' about Trump's weekend Fox News criticized for 'news alert' about Trump's weekend
- March 28, 2017

Trump and his family are using the presidency as a way to enrich themselves". Club members told Jennifer Jacobs of Bloomberg that Trump indeed played a full 18 holes "with the club pro and a club members". The White House reported that the president was there to hold three meetings at the clubhouse. However, he spent a number of hours at Trump International Golf Club in Palm Beach, more than enough time to play some golf. (more...)
CBN Crashes Dollars; To Sell To Consumers At N360 CBN Crashes Dollars; To Sell To Consumers At N360
- March 28, 2017

Okoroafor said. "All customers requesting forex for their basic transport allowance and personal transport allowance, tuition and medical fees, would henceforth get at an exchange rate not more than N360 to the dollar". It will be recalled that during the last intervention of the CBN in the interbank forex market, authorized dealers were only able to pick up about $82 million out of the $100 million offered by the CBN . (more...)
Trump thanks Charter for $25 Billion Plan to invest in US Trump thanks Charter for $25 Billion Plan to invest in US
- March 25, 2017

That announcement was made by President Trump, along with Charter CEO Tom Rutledge, with Texas Governor Greg Abbott joining the event. "In connection with our transactions with Time Warner Cable and Bright House Networks previous year, we reaffirmed this resolve, stating that we expected to hire 20,000 new employees at Charter, many in customer service". (more...)
Keith Palmer identified as police officer killed in London Parliament attack Keith Palmer identified as police officer killed in London Parliament attack
- March 24, 2017

Three pedestrians were mowed down on Westminster Bridge when the attacker mounted a pavement in a Hyundai 4x4. The attacker, armed with a knife, ran to Parliament where he was confronted by the police . "We will all move forward together, never giving in to terror and never allowing the voices of hate and evil to drive us apart", Mrs May said. May was in parliament at the time of the attack and was seen being ushered away in a silver auto as what sounded like gunfire rang out, ... (more...)