Business


Zell Miller, Former Georgia Governor and Senator, Dies at 86 Zell Miller, Former Georgia Governor and Senator, Dies at 86
- March 24, 2018

Senator Zell Miller passed away Friday at the age of 86 after battling Parkinson's disease. Jim Butler , whom Miller appointed to the Georgia Board of Natural Resources, of Butler Wooten & Peak: "Governor Miller totally remade the Georgia judiciary-from top to bottom". (more...)
Southwest Airlines (LUV) Shares Gap Down to $57.78 Southwest Airlines (LUV) Shares Gap Down to $57.78
- March 24, 2018

About 916,609 shares traded. It has outperformed by 37.22% the S&P500. Thomaspartners Inc increased its stake in Oracle Corp (ORCL) by 1.53% based on its latest 2017Q3 regulatory filing with the SEC. Institutional investors own 80.03% of the company's stock. Its up 0.07, from 0.89 in 2017Q2. (NYSE: LUV ) shares were sold by Van de Ven Michael G. 55 funds opened positions while 165 raised stakes. (more...)
Analysts See $2.66 EPS for The Boeing Company (BA) Analysts See $2.66 EPS for The Boeing Company (BA)
- March 24, 2018

The stock price mounted 7.52% in three months and soared 25.11% for the last six months trading period. At one point in the past year, the shares traded as low as $29.20 but has recovered 7.71% since then. The SI to WEED INC's float is 1.87%. (NYSE:HD) for 66,017 shares. Neuberger Berman Grp Limited Liability Com holds 0.48% or 1.52M shares in its portfolio. (more...)
'Dinomite' not the cause of T-Rex fire in Colorado 'Dinomite' not the cause of T-Rex fire in Colorado
- March 24, 2018

On Thursday, a similar fate befell a life-size animatronic Tyrannosaurus rex at a dinosaur-themed park in central Colorado, only this extinction was captured on video. He says the Dino Experience will also be adding a new Stegosaurus fossil cast in the museum around the same time. "Safety of our guests and staff is of the utmost importance and we assure everyone that we are perfectly safe", they said on Facebook. (more...)
Delhi govt announces Rs 100 crore for Wi-Fi project Delhi govt announces Rs 100 crore for Wi-Fi project
- March 24, 2018

Sisodia told the Assembly in his Budget speech that education had been given about 25 per cent of the total budget for a third consecutive year. In the budget proposals for the upcoming financial year, the government also announced installation of CCTV cameras in schools, providing self-defence training for girl students, allocating Rs100 crore for free Wi-Fi, which was a major pre-poll promise by the AAP and installation of 1.2 lakh CCTV cameras in the city by June next year. (more...)
Greece awaits response on Macedonia name dispute proposals Greece awaits response on Macedonia name dispute proposals
- March 24, 2018

Bulgarian Socialist Party (BSP) leader Korneliya Ninova and Macedonian Prime Minister and leader of the Social Democratic Union of Macedonia (SDSM) Zoran Zaev discussed the bilateral relations between Bulgaria and the Republic of Macedonia and the prospects of the Western Balkans for joining the EU and North Atlantic Treaty Organisation. (more...)
Dollar retreats from 3-week high as attention shifts to Fed Dollar retreats from 3-week high as attention shifts to Fed
- March 24, 2018

Taken together, the Fed's actions and forecasts Wednesday suggest a belief that the economy remains sturdy even almost nine years after the Great Recession ended. The yield in the benchmark 10-year US Treasury was 1 basis point lower at 2.88 per cent, while the yield on the more policy sensitive two-year note was down 5bp at 2.30 per cent. (more...)
Spotify says 2 million listeners blocked ads for free Spotify says 2 million listeners blocked ads for free
- March 24, 2018

The news comes as Spotify earlier this week filed for a non-traditional direct listing of its shares on the New York Stock Exchange. That includes disabling ads between tracks and accessing on-demand playback on mobile devices - features available in Spotify Premium, which costs $9.99 per month. (more...)
United States stock market cheerleader-in-chief goes quiet in downturn United States stock market cheerleader-in-chief goes quiet in downturn
- March 24, 2018

The Dow Jones Industrial Average lost 424.69 points, or 1.77 percent, to 23,533.20. For the week, the Dow was down 5.67 percent, the S&P 500 was down 5.95 per cent and the Nasdaq was down 6.54 per cent, marking their biggest weekly percentage falls since January 2016. (more...)
Asian Markets Tumble as China Threatens to Impose Tariffs on US Goods Asian Markets Tumble as China Threatens to Impose Tariffs on US Goods
- March 24, 2018

The escalating tensions between Beijing and Washington sent shivers through financial markets , as investors foresaw dire consequences for the global economy if trade barriers start going up . The Hong Kong Monetary Authority also lifted its base rate by a quarter percentage point to 2%. The Bank of England also meets later Thursday. 'Dealers are anxious this could be the first shot fired in a trade war between the two largest economies in the world, said market analyst David Madden at ... (more...)
Global stocks hit hard on trade war fears Global stocks hit hard on trade war fears
- March 24, 2018

Germany's Dax was down 2.26%, the French CAC 40 1.8% lower and Britain's FTSE 100 0.6% in the red. Japan's Nikkei dropped 4.5% and the Shanghai Composite shed 3.4%. That marked a reversal from earlier in the week, when banks rose as the Federal Reserve raised interest rates. Technology and industrial companies, basic materials makers and health care companies also fell sharply. (more...)
Darden; Carnival; KB Home; Wynn Resorts; Nike — CORPORATE REPORT Darden; Carnival; KB Home; Wynn Resorts; Nike — CORPORATE REPORT
- March 24, 2018

The hedge fund run by Jesse Ro held 40,000 shares of the consumer services company at the end of 2017Q3, valued at $5.96M, down from 50,000 at the end of the previous reported quarter. The Port Authority of NY and New Jersey voted unanimously to raise the hourly minimum wage for workers at its airports from $10.45 to $19. Hodges Mngmt holds 80,000 shares or 0.22% of its portfolio. (more...)
Frustrated opposition spreading lies against govt: PM Narendra Modi Frustrated opposition spreading lies against govt: PM Narendra Modi
- March 24, 2018

Shah's directive, which came at a parliamentary party meeting attended by Prime Minister Narendra Modi , comes close on the heels of humiliating defeats in Lok Sabha bypolls in Uttar Pradesh and Bihar. The party announced that it will celebrate B R Ambedkar's birth anniversary on April 14 as "Social Justice Day" across the nation. "All party leaders, ministers and office bearers will participate in these programmes across the country", said Mr. (more...)
Quarterly EPS Forecast Review: NIKE, Inc. (NKE) Quarterly EPS Forecast Review: NIKE, Inc. (NKE)
- March 24, 2018

The stock 1.12% or $0 during the last trading session, reaching $0.45. In contrast, Adidas had 34 in November 2017 and was now down to 18. ( NKE) stock was most active stock of Wall Street Market on Thursday. Sky Grp Inc Limited Co invested in 1.52% or 26,270 shares. (NYSE: NKE ) for 47,881 shares. Brinker Capital holds 0.01% or 3,586 shares in its portfolio. (more...)
United Kingdom encourages European Union to support London over Spy poisoning row, says Russian Federation United Kingdom encourages European Union to support London over Spy poisoning row, says Russian Federation
- March 24, 2018

Endorsing their negotiating stance for trade talks due to start next month, the 27 other European Union leaders at a Brussels summit confirmed a political, if not yet legal, commitment to let Britain effectively stay in the bloc - without a vote - until the end of 2020, or 21 months after formal Brexit next March. (more...)
Dollar struggles after Fed retains view for three hikes in 2018 Dollar struggles after Fed retains view for three hikes in 2018
- March 24, 2018

Ian McCafferty and Michael Saunders are anxious that inaction now will mean rates will need to rise faster and further in future'. Minutes of the Bank's meeting indicated that prospects for the economic outlook were broadly unchanged from its view in February, when it saw an improved path for wage prices putting upward pressure on inflation - though for most members, not so much that a rate rise was needed straight away. (more...)
Active Mover - Goldman Sachs Group Inc (NYSE: GS) Active Mover - Goldman Sachs Group Inc (NYSE: GS)
- March 24, 2018

Boston Advsrs invested 0.01% in The Goldman Sachs Group, Inc. Blackrock Incorporated accumulated 0% or 363,929 shares. The company presently has a consensus rating of "Hold" and a consensus target price of $258.79. GS maintained activity of relative volume at 1.23. Investors sentiment increased to 1.16 in Q3 2017. Its up 0.08, from 1.25 in 2017Q2. 118 funds opened positions while 525 raised stakes. (more...)
FOMC's Rate Hike Will Not Slow President Trump's Economic Plan FOMC's Rate Hike Will Not Slow President Trump's Economic Plan
- March 24, 2018

The benchmark federal funds rate has been hiked to 1.50-1.75% from the 1.25-1.50% raised in December 2017. Officials announced that this year's forecast remains at 1.9 percent for both core and headline inflation, while 2019 is predicted bring an increase to 2.1 percent for core personal consumption expenditures. (more...)
International Friendly Report: Argentina v Italy 23 March 2018 International Friendly Report: Argentina v Italy 23 March 2018
- March 24, 2018

Argentina had a less than convincing qualifying campaign, as Sampaoli was drafted in for the final four games and saw Messi fire his side to Russian Federation. The Germans also knocked out Argentina in the quarterfinals of the 2006 World Cup and the 2010 World Cup. "We suffered with their control of possession and lost some shape", Italy boss Luigi Di Biagio said. (more...)
Dropbox shares surge on first day of trading Dropbox shares surge on first day of trading
- March 24, 2018

At $21, the San Francisco-based company will have a market cap of about $9.18 billion on a fully diluted share count. SurveyMonkey, DocuSign, Slack and Evernote are other firms that sell software by subscription and rely to varying degrees on the Dropbox-like approach of appealing to individual users rather than pitching their software to the corporate bosses that spend trillions of dollars a year on workplace technology. (more...)
Trump orders Justice Dept. to ban bump stocks Trump orders Justice Dept. to ban bump stocks
- March 24, 2018

Sessions said owners would "be required to surrender, destroy, or otherwise render the devices permanently inoperable" once the proposal becomes law. Trump had ordered Justice to work toward a ban after the Florida high school shooting. (more...)
Elon Musk says he'll delete SpaceX's Facebook page Elon Musk says he'll delete SpaceX's Facebook page
- March 24, 2018

The pages of his SpaceX and Tesla companies, which both had around 2.6 million followers, are now inactive. While Musk himself wasn't active on the platform, he did garner millions of followers and people who liked the page. Why would Musk want to delete his companies' Facebook pages? It appears as though the Tesla-owned Solar City page has also been removed. He responded to the request , saying "I didn't realize there was one . (more...)
Britain's post-Brexit blue passport to be made by European Union firm Britain's post-Brexit blue passport to be made by European Union firm
- March 24, 2018

The UK is generally seeking a much closer economic relationship following the Brexit than the European Union is willing to accept for a country that does not want to allow free movement of European Union citizens and won't follow the rulings of the EU's top court. (more...)
Huawei, Sirin Lab Said to Be Discussing Blockchain-Enabled Smartphone Huawei, Sirin Lab Said to Be Discussing Blockchain-Enabled Smartphone
- March 24, 2018

This comes after the listing of an unknown phone with the model number NEO-AL00 was reportedly seen on Chinese regulatory agency's website, TENAA last month. Moreover, AT&T , Verizon and, most recently, Best Buy, have moved to drop active or pending sales of Huawei smartphones. In addition, Best Buy won't sell phones under the Honor brand, a Huawei subsidiary that was supposed to help the Chinese phone maker sell in lower-cost smartphone markets globally, including in the US. (more...)
Fatal Uber Self-Driving Crash Video Reveals More Details Fatal Uber Self-Driving Crash Video Reveals More Details
- March 24, 2018

Jim Ananich, the minority leader. "Shadows, even for a human driver, can be tricky". The person behind the wheel, identified as 44-year-old Rafael Vasquez, was caught on dashcam video looking down at his phone - and apparently didn't see her until it was too late. (more...)
Sensex Up 75 Points In Early Trade; Nifty At 10185 Sensex Up 75 Points In Early Trade; Nifty At 10185
- March 24, 2018

Japan's benchmark index Nikkei 225 has gained 0.38% to 21,462, Hong Kong's Hang Seng is trading near the flat line, while China's Shanghai Composite has lost 0.37% to 3,269. In the Eurozone, Paris CAC 40 fell 1.06% and Frankfurt moved down 1.01% in their early deals. Back home, Indian equity benchmarks ended a highly volatile day of trade with marginal gains. (more...)
Brent hits $70 a barrel Brent hits $70 a barrel
- March 24, 2018

US West Texas Intermediate ( WTI ) crude futures CLc1 were at $65.39 a barrel at 0021 GMT, up 22 cents, or 0.3 per cent, from their previous close. The rise in oil prices defied global stock markets , which slumped on the back of worries about a trade stand-off between the United States and China. (more...)
MuleSoft, Inc. (MULE) Stocks in Frontline Trades' Choice MuleSoft, Inc. (MULE) Stocks in Frontline Trades' Choice
- March 24, 2018

JP Morgan initiated the shares of MULE in report on Tuesday, April 11 with "Neutral" rating. The stock traded on impressive volume of 40.77 Million comparing to the average volume of 2011.52 shares, completing picture of exact trends with uncompleted dots in volume over the norm. (more...)
Bumped United Passenger Awarded $10K Travel Voucher Bumped United Passenger Awarded $10K Travel Voucher
- March 24, 2018

Preiss herself had even found out the day before her own flight had been cancelled and rebooked. March has not been a banner month for United Airlines in terms of public relations, but on Thursday, another overbooked flight ended with a customer getting an astronomical amount of free travel, NBC Washington reported . (more...)
Toys R Us Founder Dead at 94 Toys R Us Founder Dead at 94
- March 24, 2018

At Toys R Us , apparel was marked down 20 percent and toys were marked down 10 percent. The company owed about $5 billion when it filed for bankruptcy in September . Other retailers like Walmart wouldn't take such risks on new toys from little-known brands. "The best memories of my three children when they were young was to go inside a Toys R Us". (more...)

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