Money


Hawaii defies Trump, commits to the Paris Agreement anyway
- June 10, 2017

Strimling recently joined the Climate Mayors network, a growing coalition of 246 municipal leaders who have committed to upholding the tenets of the Paris Agreement . Moving toward reducing emissions and using renewable energy can contribute to job creation and market growth. The city had switched nearly all street lights to LEDs, getting a 22 per cent return on investment through lower electricity costs; created 405ha of parkland; and through traffic reorganisation and walking zones ... (more...)
Commuters Throw Impromptu Graduation Party For Student Stuck On Train Commuters Throw Impromptu Graduation Party For Student Stuck On Train
- June 09, 2017

One of Alcantara's friends who accompanied him on the journey told Gothamist the grad left from Jackson Heights at 8:20 a.m.to make sure he would get to the East 25th Street campus by 10 a.m. Because he missed such an important event, however, his fellow stranded New Yorkers hosted a makeshift graduation ceremony on the crowded subway auto. (more...)
China factory activity held steady in May, index shows China factory activity held steady in May, index shows
- June 09, 2017

It said that the worldwide demand for Indian-manufactured goods deteriorated in May, as signalled by a decline in new export orders. "The euro zone upturn is developing deeper roots as factories enjoy a spring growth spurt", said Chris Williamson , chief business economist at IHS Markit . (more...)
US employers add modest 138K jobs; rate dips to 4.3 percent
- June 03, 2017

Overall, employers added 810,000 jobs through the first five months of the year averaging 162,000 each month. Under his leadership, Express has put more than 6 million people to work worldwide. It may also be a sign businesses are reluctant to expand their workforce until they see more evidence the new administration's plans are translating into legislation that'll reduce taxes and spur growth. (more...)
Honkamp Krueger Financial Services Inc. Buys 10469 Shares of Comcast Co. (CMCSA)
- June 03, 2017

Over the last five trading sessions, the stock has moved 3.30%. According to consensus agreement of 25 analysts Comcast Corporation (NASDAQ: CMCSA ) will report earnings per share of $0.48 in their quarterly report and it is expected to announce the company's results on 7/26/17. (more...)
Insider Activity - Duke Realty Corporation Common (NYSE:DRE)
- June 03, 2017

On Tuesday, August 11 the stock rating was maintained by National Securities with "Buy". Duke Realty Corporation Common (NYSE:DRE) has been the object of insider buying and selling activity recently. Community Bank & Trust Na holds 0.39% in Bristol-Myers Squibb Co (NYSE:BMY) or 30,690 shares. Ladenburg Thalmann Financial Services Inc. increased its stake in Kimco Realty Corp by 6.6% in the fourth quarter. (more...)
President Trump will announce his decision on the Paris Accord Thursday President Trump will announce his decision on the Paris Accord Thursday
- June 02, 2017

Trump asked during an afternoon event held in a sun-drenched Rose Garden. They say the agreement would likely help create about as many jobs in renewable energy as it might cost in polluting industries. A White House official, who was not identified, told The Associated Press that there might be "caveats in the language" the president uses to withdraw from the agreement, "leaving open the possibility that the decision isn't final". (more...)
PPG throws in towel and abandons quest for AkzoNobel PPG throws in towel and abandons quest for AkzoNobel
- June 02, 2017

It refused to negotiate on the offers, to the annoyance of some shareholders. Going directly to shareholders was destined to be rocky. The maker of Dulux paints cited "risks and uncertainties inherent in PPG's proposal" as it rejected the takeover offer, concluding that its own strategy offered a "superior route to growth and long-term value creation". (more...)
Uber fires autonomous car researcher involved in lawsuit Uber fires autonomous car researcher involved in lawsuit
- May 31, 2017

The case stems from a lawsuit filed in February by Waymo, formerly known as the Google self-driving auto unit, which claimed former manager Levandowski took a trove of technical data with him when he left to launch a competing venture that went on to become Otto and was later acquired by Uber . (more...)
Most Active Stock: Chesapeake Energy Corporation (CHK) Most Active Stock: Chesapeake Energy Corporation (CHK)
- May 30, 2017

Jefferies Group LLC raised Chesapeake Energy from an "underperform" rating to a "hold" rating in a report on Tuesday, January 31st. Finally, SunTrust Banks, Inc. The Gross Margin Score of Chesapeake Energy Corporation (NYSE: CHK ) is 42.00000. "( CHK ) Stock Rating Reaffirmed by Bank of America Corp" was first published by Community Financial News and is the property of of Community Financial News. (more...)
Parched Cape Town imposes water restrictions due to drought Parched Cape Town imposes water restrictions due to drought
- May 28, 2017

The premier signed the declaration last week in response to the worst drought the province has experienced since 1904. Zille's office said the province would maintain the disaster status for three months. In the previous year, at least R27 million had been re-prioritised for interventions in areas which were declared local disasters. "It is also a huge crisis for the West Coast and Central Karoo districts where producers still depend on drought relief ", he said. (more...)
Schapelle Corby to return to Australia 13 years after Bali drugs conviction Schapelle Corby to return to Australia 13 years after Bali drugs conviction
- May 28, 2017

Schapelle's face was flat and expressionless and she showed no emotion as a parole officer asked if she was excited to be finally going home. Photos of the convicted criminal unmasked inside the Parole Board office in Denpasar and of her emergency passport issued to enable her deportation were also widely circulated on social media. (more...)
Gregg Allman of The Allman Brothers Band dies at age 69
- May 28, 2017

The singer had a number of health issues and canceled some tour dates previous year as a result. "I have lost a dear friend and the world has lost a brilliant pioneer in music", Allman's longtime manager and friend Michael Lehman was quoted as saying in USA media reports. (more...)
NC Lawmakers, GOP Respond to SCOTUS Gerrymandering Decision
- May 27, 2017

In addition to the practical consequences that Monday's ruling could have for redistricting in North Carolina in 2018, and in the rest of the country after the 2020 census, there is a fascinating political twist to the North Carolina case. (more...)
China's Xi positions himself as free trade and climate champion China's Xi positions himself as free trade and climate champion
- May 26, 2017

Chinese President Xi Jinping announced yesterday that there will be a second Belt and Road Forum in 2019. Some Western diplomats have expressed unease about the initiative, seeing it as an attempt to promote Chinese influence globally. While the absence of India was a talking point among the 4,000 Chinese and foreign media registered to cover the event, there was no official comment from China on New Delhi giving the forum a miss. (more...)
Oil prices fall as White House proposes US oil reserve sales
- May 23, 2017

OPEC oil ministers will meet on Thursday in Vienna to discuss the extension. In fact, the U.S. Energy Information Administration ( EIA ) expects " OPEC net oil export revenues will rise to about $539 billion dollars in 2017, versus 2016". (more...)
Iran: New US Sanctions on Missile Work Show 'Ill Will' Iran: New US Sanctions on Missile Work Show 'Ill Will'
- May 22, 2017

He said Iran would retaliate by adding nine U.S. individuals and companies to its own sanctions list, accusing them of "clear violations of human rights" in relation to their support for Israel or "terrorist groups" in the Middle East. The Trump administration is now in the process of reviewing US policy toward Iran. Every 90 days, the US president must certify for Congress that Iran is fully compliant with the JCPOA to ensure that the economic sanctions can continue to be waivered. (more...)
Federation Internationale de Football Association picks Hawk-Eye's video review system for 3 tournaments Federation Internationale de Football Association picks Hawk-Eye's video review system for 3 tournaments
- May 21, 2017

The United Arab Emirates official then produced a red card for substitute Martínez for what appeared to be an elbow aimed at England defender Tomori. Argentina piled on the pressure after the restart but were caught by England's swift counter-attack as Armstrong broke free down the right side and fired home a fierce low shot into the bottom corner. (more...)
Reviewing Individual Broker Targets Of Coca-Cola Enterprises, Inc. (NYSE:CCE) Reviewing Individual Broker Targets Of Coca-Cola Enterprises, Inc. (NYSE:CCE)
- May 20, 2017

About 2.81M shares traded. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 2,100 ($27.11) price objective on shares of Coca Cola HBC AG in a report on Monday, April 10th. AIG's profit will be $1.14B for 12.45 P/E if the $1.23 EPS becomes a reality. The price to earnings growth is 2.27 and the price to sales ratio is 17. (more...)
The BC Liberals win a minority government
- May 18, 2017

Who will be the next Premier of British Columbia? Horgan was asked why the NDP have not been able to take advantage of the widespread criticism of the B.C. "I suspect other parties would be crawling over themselves to actually offer us official party status in light of where we stand today". Clark says she believes there was a very strong message sent by British Columbians: "they want us to work together collaboratively and across party lines". (more...)
High school student dies after drinking too much caffeine
- May 16, 2017

Watts officially ruled the cause of death as a caffeine-induced cardiac event. "Parents please talk to your kids about the dangers of these energy drinks". Coroner's Association. Based on Cripe's weight, Watts says the amount of caffeine consumed was above what is considered a "safe limit". "We lost Davis from a totally legal substance - that any one of you can walk out of here today and stop at any store and get any one of those things". (more...)
China, US reach agreement on beef, poultry and natural gas China, US reach agreement on beef, poultry and natural gas
- May 13, 2017

The United States also signaled that it was eager to export more liquefied natural gas, saying China could negotiate any type of contract, including long-term contracts, with US suppliers. "The challenge is selling manufactured goods into China - there isn't anything in this deal to suggest China is going to become more open to US -manufactured exports", said Brad Setser, a senior fellow at the Council on Foreign Relations. (more...)
Futures rise as risk-on sentiment improves Futures rise as risk-on sentiment improves
- May 10, 2017

Investors are taking on more risks after a strong showing by Corporate America in the latest earnings season and Emmanuel Macron's victory in the French presidential election on Sunday. It briefly touched a record high of 2,399.94.The Nasdaq Composite.IXIC added 0.03 percent to 6,102.66. London copper rose 0.47 percent to $5,511 a tonne, having fallen to as low as $5,462.50 on Monday. (more...)
Will Hertz (HTZ) Lose More Ground Post the Q1 Debacle?
- May 10, 2017

The company surged 2.53% and closed its last trading session at $14.61. First Manhattan Co. increased its position in Hertz Global Holdings by 251.6% in the first quarter. IDRA's revenue has grown at an average annualized rate of about 214.1% during the past five years. During the same quarter in the prior year, the business earned $0.05 earnings per share . (more...)
End defensive policy, go all out against Reds: Rajnath Singh End defensive policy, go all out against Reds: Rajnath Singh
- May 09, 2017

The meeting comes a fortnight after 25 CRPF personnel were killed in a Maoist attack in Sukma district of Chhattisgarh. The home minister said there is a need to consider whether there should be a reaction only after the occurrence of any Naxal violence or "should our role not be proactive?" Short, medium and long-term policies need to be formulated at different levels to deal with the problem, the home minister said. (more...)
Is Royal Enfield Planning To Buy Iconic Italian Maker Ducati? Is Royal Enfield Planning To Buy Iconic Italian Maker Ducati?
- May 08, 2017

A report in Reuters last month said Volkswagen is considering a possible sale of Ducati as the group streamlines operations to help fund a strategic overhaul following its emissions scandal. The Italian company sold 55,451 units a year ago (at a growth of 1.2%), and enjoys a cult branding across the world with a healthy network in many developed markets. (more...)
Centre County observes National Day of Prayer Centre County observes National Day of Prayer
- May 06, 2017

The National Day of Prayer Task Force is headquartered in Colorado Springs. The observance of the National Day of Prayer is founded on the constitutional rights of freedom of speech and freedom of religion and can be celebrated by all Americans. (more...)
Addition of Women's Flyweight Division to UFC Not Official, Despite Announcement Addition of Women's Flyweight Division to UFC Not Official, Despite Announcement
- May 04, 2017

Sports Kevin Iole revealed just a few hours later that according to Dana White the press release had been sent out in error, and that in fact the creation of the new division was only under consideration at this stage and had yet to be finalized. (more...)
US trade deficit narrows in March US trade deficit narrows in March
- May 04, 2017

Imports were up for a fourth consecutive month, increasing 1.7 per cent to 47.1 billion dollar in March. At the same time, exports to the European Union and South Korea rose to records, while shipments to Germany were the highest since 2008. (more...)
American Airlines tops 1Q profit views; unveils pay boost
- April 28, 2017

American Airlines' stock plunged Thursday morning following the carrier's Wednesday evening announcement of raises that will amount to $350 million annually for pilots and flight attendants. American Airlines is offering its pilots and flight attendants a pay bump. "Pay levels higher than others allow us to generate higher revenues", Parker said, noting that American is seeking to close its revenue gap with competitors. (more...)
Marissa Mayer to rake in $184m from Yahoo sale Marissa Mayer to rake in $184m from Yahoo sale
- April 27, 2017

The money she will receive includes the value of shares already owned, outstanding share options, a "golden parachute" payment, as well as cash payments and medical benefits. Mayer has about $84 million in stock options and $25 million in restricted stock units, according to the Monday filing. Mayer started off by trying to expand the content business of Yahoo. (more...)
Trump, Xi converge on currency, Syria as US-China ties warm
- April 26, 2017

China, Germany, Japan, Korea, Switzerland and Taiwan remained on a previously established watch list of countries in the Trump administration's first report on currency values. The Treasury warned Japan against resuming currency interventions, saying that these "should be reserved only to very exceptional circumstances with appropriate prior consultations, consistent with Japan's G-7 and G-20 commitments". (more...)
Internet firms winding up for a fight on 'net neutrality' Internet firms winding up for a fight on 'net neutrality'
- April 26, 2017

And it could pave the way for the FCC to reverse a key decision, undertaken in 2015, to regulate Internet providers like legacy telephone companies. A spokesman for Pai declined to comment. "Vin Scully tried to call the plays fast and let the crowd do the talking", Pai said. Pai told reporters Thursday he has been meeting with major internet companies and trade groups to discuss ways of protecting an open internet. (more...)
Pagegroup PLC (PAGE) Upgraded by Credit Suisse Group AG to "Neutral"
- April 26, 2017

In other A.G. Barr plc news, insider Jonathan David Kemp sold 4,000 shares of the company's stock in a transaction dated Monday, April 3rd. Since January 1, 0001, it had 0 buys, and 19 sales for $16.94 million activity. It now has negative earnings. The insurance segment writes insurance products for the retirement market, which include guaranteed income for life solutions and defined benefit de-risking solutions, care plans, and drawdown contracts, and invests the premiums received from ... (more...)
AT&T loses 191000 postpaid phone subscribers in Q1 AT&T loses 191000 postpaid phone subscribers in Q1
- April 26, 2017

According to AT&T , the growth of the DirecTV Now over-the-top pay TV package , launched last fall, helped to offset the declines on the traditional pay-TV side (but it didn't disclose how many DirecTV Now customers it gained in Q1). Adjusting for $0.18 of costs for amortization, merger- and integration-related and other items, earnings per diluted share was $0.74 compared to an adjusted $0.72 in the year-ago quarter. (more...)