Business


Japanese Company To Build Sustainable Skyscraper Made Out Of Wood Japanese Company To Build Sustainable Skyscraper Made Out Of Wood
- February 20, 2018

It is estimated that it will take 185,000 cubic metres of wood to complete the entire structure. Wooden skyscrapers can be found across the globe, from an 18-storey office building in Minneapolis made from timber to a 53m-high block of student flats in Vancouver that now holds the title of world's tallest wooden skyscraper. (more...)
Wal-Mart Stores Inc (WMT) Q4 Profit, 2018 Outlook Miss The Mark
- February 20, 2018

FMR LLC now owns 17,982,372 shares of the retailer's stock worth $1,360,906,000 after purchasing an additional 5,608,785 shares during the last quarter. online is losing momentum. Among 13 analysts covering Eaton Vance Corp. (NYSE: WMT ) earned "Neutral" rating by Goldman Sachs on Wednesday, April 6. (more...)
Albertons is buying the remaining Rite Aid stores Albertons is buying the remaining Rite Aid stores
- February 20, 2018

Vetr upgraded Rite Aid from a "hold" rating to a "strong-buy" rating and set a $2.54 target price for the company in a research report on Tuesday, January 16th. The combined company says it will have dual headquarters, in Boise and in Rite Aid's current base in Camp Hill, Pennsylvania. Most Albertsons Cos. pharmacies will be rebranded as Rite Aid, and the company will continue to operate Rite Aid stand-alone pharmacies. (more...)
S. Korea to Support 'Normal Transactions' of Cryptocurrencies S. Korea to Support 'Normal Transactions' of Cryptocurrencies
- February 20, 2018

Jung Ki-joon, head of the Economic Policy Coordination Office, is presumed to have suffered a heart attack while sleeping, according to police. The official coordinated measures for developing new legislation to curb cryptocurrency speculation and illicit activities, according to a South Korean government spokesman, as quoted by the Wall Street Journal . (more...)
Renault Zoe gets new motor Renault Zoe gets new motor
- February 20, 2018

The new motor, dubbed R110 is the same size as the previous R90, which means it doesn't take up any more space, despite its increased power. Thanks to this power boost, ZOE is even more responsive and versatile when used for journeys out of town . (more...)
HSBC points to improved profits and $7bn capital raising HSBC points to improved profits and $7bn capital raising
- February 20, 2018

HSBC Holdings is the latest global bank to take hits from the fallout of Steinhoff International Holdings and Carillion, a person familiar with the matter said. FILE PHOTO: HSBC bank signage is seen on a bank branch in Valletta, Malta, September 5, 2017. Together with the interim dividend paid in September 2017, the total gross dividend for 2017 will be 17.1 cent per share (11.1 cent per share net of tax) or €61.6m (€40.2m net of tax) representing a 54.0% increase on the dividends paid for ... (more...)
Modi government will bring Nirav Modi to book, believes Ramdev Modi government will bring Nirav Modi to book, believes Ramdev
- February 20, 2018

Three people have been arrested on suspicion of helping Mr Modi, who is understood to have left India last month. The three bank officials arrested on Monday were Bechhu Tiwari, a chief manager in charge of the foreign exchange department; Yashwant Joshi, a manager in the same department; and Praful Sawant, another bank officer, according to a source at the Central Bureau of Investigation (CBI). (more...)
Elon Musk's The Boring Company gets permit to dig in Washington, DC Elon Musk's The Boring Company gets permit to dig in Washington, DC
- February 20, 2018

The spot where Musk got the permit to dig is now an abandoned lot, but could one day be a bustling transportation hub, albeit not on the scale of DC's Union Station. It was unveiled by Elon Musk in 2013, who at the time said it could take passengers the 380 miles (610km) from LA to San Francisco in 30 minutes - half the time it takes a plane. (more...)
Lucky Charms adds new unicorn marshmallow Lucky Charms adds new unicorn marshmallow
- February 20, 2018

A "magical unicorn" marshmallow now joins other classic Lucky Charms marshmallows like the heart, rainbow, and horseshoe, among others, in packages of the cereal across the country. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2017 consolidated net sales of US $15.6 billion, as well as another US $1.0 billion from its proportionate share of joint-venture net sales. (more...)
Volkswagen unveils steering wheel-less, voice-controlled, self-driving concept auto Volkswagen unveils steering wheel-less, voice-controlled, self-driving concept auto
- February 20, 2018

Crozz coupe/SUV crossover and the Golf-sized I.D. hatchback . At the same time, this innovative concept auto at the Geneva International Motor Show demonstrates how elegant and emotional the design of a vehicle of the future can be. Will the I.D. Vizzion join it? Inside the concept features a " digital chauffeur " that controls the vehicle, while the passengers can focus on other less tedious tasks. (more...)
Latest Tax Scam: Stealing Tax Returns Latest Tax Scam: Stealing Tax Returns
- February 20, 2018

IRS Commissioner John Koskinen said on Tuesday, the latest in a series of data thefts that have alarmed American consumers. Attorney General Josh Shapiro says his office has seen an uptick in complaints about people calling residents identifying themselves as IRS agents, or emails demanding payment for some tax delinquency. (more...)
'Black Panther' draws on centuries of dreams of black self-determination 'Black Panther' draws on centuries of dreams of black self-determination
- February 20, 2018

Connolly says Black Panther-the Marvel comic-inspired blockbuster film that opened nationwide on Thursday-"taps a 500-year history of African-descended people imagining freedom, land, and national autonomy". " Black Panther " now hold a score of 88 on Metacritic.com, and a 97% approval rating on Rotten Tomatoes . Coming at one of the slower periods of the year, " Black Panther " benefited from little competition, and it can be expected to dominate the marketplace for weeks. (more...)
House of Delegates proposes Medicaid expansion plan House of Delegates proposes Medicaid expansion plan
- February 19, 2018

Eight Democrats on the Appropriations Committee voted for the budget that included the Medicaid plan, with two abstaining. The stage is set for a showdown between the House of Delegates and Senate over expansion of Virginia's Medicaid program, but the old roles have reversed in the five-year political battle. (more...)
Old £10 Note Cut-Off Date Is Fast Approaching Old £10 Note Cut-Off Date Is Fast Approaching
- February 19, 2018

After the deadline, people can exchange old paper notes by posting them or delivering them in person to the BoE in central London. Although they can no longer be spent, anyone with the old notes can still exchange them for the new equivalent at the Bank of England . (more...)
Anti-corruption officers arrest Latvian central bank governor Anti-corruption officers arrest Latvian central bank governor
- February 19, 2018

Rimsevics spent more than eight hours at the anti-graft bureau in Riga with his lawyer, Saulvedis Varpins, before being taken away in a bureau van early on Sunday. The KNAB, the Bank of Latvia, and the European Central Bank declined to comment on Kucinskis's detention. Its spokeswoman, Laura Dusa, said more information will be released when it won't interfere with an investigation. (more...)
What's Ahead for Qiagen NV (NYSE:QGEN) After Less Shorted Shares? What's Ahead for Qiagen NV (NYSE:QGEN) After Less Shorted Shares?
- February 18, 2018

The stock decreased 3.89% or $5.59 during the last trading session, reaching $138.01. About 1.71M shares traded or 24.88% up from the average. Foot Locker, Inc. Its up 0.02, from 0.94 in 2017Q2. It increased, as 48 investors sold TAP shares while 137 reduced holdings. Epoch Investment Partners Inc. raised its position in shares of Molson Coors Brewing by 852.1% during the third quarter. (more...)
Rahul questions PM's silence on massive bank fraud Rahul questions PM's silence on massive bank fraud
- February 18, 2018

The CBI is also questioning six officials of the bank, they said. Asking Prime Minister Narendra Modi and Finance Minister Arun Jaitley to break their silence on the Rs 22,000 cr bank loot scam, Congress president Rahul Gandhi on Sunday said they should stop behaving as if they were guilty. (more...)
Facebook and Twitter must do more to protect users Facebook and Twitter must do more to protect users
- February 18, 2018

It also wanted the companies to come up with solutions to address fake news and scams on their platforms. Google and Twitter shares, meanwhile, were both in the green. According to the commission, each company published updates today to comply with the consumer protection rules, but so far none of them has met all of the requirements. (more...)
Bb&T Decreased Schlumberger LTD (SLB) Stake; Ricebran Technologies (RIBT) Sentiment Is 0.63
- February 18, 2018

Granite Investment Partners Llc decreased its stake in Schlumberger Ltd (SLB) by 19.85% based on its latest 2017Q3 regulatory filing with the SEC. First Eagle Investment Management LLC now owns 16,025,764 shares of the oil and gas company's stock valued at $1,055,136,000 after purchasing an additional 8,167,945 shares in the last quarter. (more...)
Do You Have Freeport-McMoRan Inc. (NYSE:FCX) In Your Portfolio?
- February 18, 2018

It is down 0.00% since February 15, 2017 and is. It has by 0.00% the S&P500. Greg Taxin decreased its stake in Freeport ( FCX ) by 43.7% based on its latest 2017Q3 regulatory filing with the SEC. That puts the market capitalization at $4.85 bln. The firm has "Buy" rating by Cowen & Co given on Friday, September 22. The rating was maintained by Jefferies on Wednesday, October 4 with "Buy". (more...)
Active Volume Stock: Cisco Systems, Inc. (CSCO)
- February 18, 2018

The average true range is a moving average, generally 14 days, of the true ranges. Cisco Systems, Inc. (NASDAQ: CSCO ) has risen 13.20% since February 14, 2017 and is uptrending. Tnb has 28,014 shares for 0.16% of their portfolio. Bonness stated it has 80,700 shares. Senator Grp Ltd Partnership stated it has 2.18% in The Home Depot, Inc. (more...)
Dollar slips to three-year low, yen shrugs off Kuroda's BOJ reappointment Dollar slips to three-year low, yen shrugs off Kuroda's BOJ reappointment
- February 18, 2018

The yield on 10-year Treasuries climbed for a second day and held above 2.9 percent. Metals and oil gained, while South Africa's rand traded near the strongest in nearly three years after President Jacob Zuma resigned. Earnings season continues in full swing. Stocks The Stoxx Europe 600 Index gained 0.7 percent as of 11:38 a.m. London time, the highest in more than a week. (more...)
Analysts Recommendations BHP Billiton plc (BBL) Analysts Recommendations BHP Billiton plc (BBL)
- February 18, 2018

The company exchanged hands with 8334508 shares compared to its average daily volume of 2.80M shares. The hedge fund run by Ian Cumming held 386,301 shares of the coal mining company at the end of 2017Q3, valued at $13.69 million, up from 300,601 at the end of the previous reported quarter. (more...)
Lookout for These Two Stocks: AbbVie Inc. (ABBV), STMicroelectronics NV (STM)
- February 18, 2018

The company has a market capitalization of $176,900.00, a P/E ratio of 27.03, a P/E/G ratio of 1.06 and a beta of 1.61. The stock decreased 0.35% or $0.26 during the last trading session, reaching $73.72. Morgan Stanley has "Overweight" rating and $51 target. AbbVie (NYSE:ABBV) traded down 0.11% during trading on Tuesday, hitting $88.86. "The company's diluted EPS for trailing twelve months was 4.12". (more...)
The Cenovus Energy (CVE) & Its Rivals Critical Survey The Cenovus Energy (CVE) & Its Rivals Critical Survey
- February 18, 2018

Current price places the company's stock -18.63% away from its 200-day simple moving average , -8.94%, away from the 50-day average and also -12.15% away from 20-day average. Cenovus Energy Inc (TSE:CVE) (NYSE:CVE) declared a quarterly dividend on Thursday, February 15th, RTT News reports. Investors analyze price earnings ratio (P/E) ratio that helps how much they should pay for a stock based on its current earnings. (more...)
J&J gets first-of-its-kind prostate cancer approval J&J gets first-of-its-kind prostate cancer approval
- February 18, 2018

The drug is the first FDA-approved treatment for non-metastatic, castration-resistant prostate cancer, the regulator said . It works by blocking certain androgens, or hormones, that can promote tumor growth. Erleada (apalutamide) - one of ten new drug candidates that J&J thinks could eventually make sales of more than $1bn a year - is also the first drug to be cleared on the strength of metastasis-free survival (MFS), a trial endpoint that has not been used before in any FDA approval of a ... (more...)
Community Healthcare Trust Incorporated (CHCT) EPS Estimated At $0.38
- February 18, 2018

Royal Bank Of Canada sold 257,180 shares as Qts Rlty Tr Inc (NYSE:QTS)'s stock rose 0.06%. The institutional investor held 234,836 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $10.72M, up from 192,271 at the end of the previous reported quarter. (more...)
Paris Hilton's New Song Paris Hilton's New Song "I Need You" Is Actually 8 Years Old
- February 18, 2018

Paris is even started practicing mommy blogging (kinda) with her 1-year-old niece Lily Grace Victoria Rothschild. Listen to the song and watch a preview for its music video above! Paris Hilton took to Instagram on February 12 to post a revealing photo of herself nude in a bed of red roses to promote her upcoming single " I Need You ". (more...)
Ichor Holdings Ord (NASDAQ:ICHR) Short Interest Increased By 16.12%
- February 18, 2018

The SI to Interlink Electronics Incorporated's float is 0.04%. Ichor Holdings, Ltd. (NASDAQ: ICHR)'s earnings per share has been growing at a 0 percent rate over the past 5 year when average revenue increase was noted as 0 percent. The company has a current ratio of 2.03, a quick ratio of 0.99 and a debt-to-equity ratio of 0.34. Barclays Public Lc holds 550 shares. It operates in three divisions: Domestic, Nearshore, and Offshore. (more...)
Amazon is now a bigger company than Microsoft Amazon is now a bigger company than Microsoft
- February 18, 2018

According to a report in The New York Post , Amazon stock surged 2.6 per cent on Wednesday, taking the company's market cap ahead of Microsoft for the first time. Combining the same with his current value of assets would skyrocket his worth to almost $150 billion. Over the a year ago, the two companies have made impressive strides and exhibited massive increases in share price. (more...)

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