Business


Delta Air Lines, Inc. Stock Pops on Q4 Earnings Beat Delta Air Lines, Inc. Stock Pops on Q4 Earnings Beat
- January 11, 2018

The company has a market cap of $40,910.00, a price-to-earnings ratio of 11.19, a P/E/G ratio of 1.79 and a beta of 1.30. The stock decreased 0.20% or $0.09 during the last trading session, reaching $45.98. It increased, as 69 investors sold DAL shares while 247 reduced holdings. Several institutional investors and hedge funds have recently made changes to their positions in DAL . (more...)
Electronics retailer Circuit City announces plans to relaunch web store Electronics retailer Circuit City announces plans to relaunch web store
- January 11, 2018

The relaunch will begin February 15, reports consumer electronics magazine Twice , who attended the press briefing at the Consumer Electronics Show. Once a major electronics retailer, Circuit City was one of many retail chains that saw sales collapse amid the rise of ecommerce operations like Amazon. (more...)
Ripple announce partnership with money transfer giant MoneyGram Ripple announce partnership with money transfer giant MoneyGram
- January 11, 2018

Companies such as MoneyGram typically use pre-funded accounts to fulfill customers' transfers, which can tie up capital. Ripple rose 10 percent Thursday after news that its San Francisco-based ‎startup has partnered with global money transfer company MoneyGram to ‎utilize its blockchain technology.‎. (more...)
Power restored at Las Vegas technology show after being plunged into darkness
- January 11, 2018

The likes of Samsung, Sony, LG, Hisense and Intel have had their exhibits shut down with millions of dollars in TVs and home appliances literally switched off. "No problem for the low-light capabilities of Nikon DSLRs", Nikon tweeted . Despite the power outage, CES officials say that guests are still free to visit the exhibitors in South Hall and North Hall, as well as the Central and South Plaza. (more...)
The truth about Walmart's new bonuses The truth about Walmart's new bonuses
- January 11, 2018

Economists have argued that one-time bonuses, while significant for workers living paycheck-to-paycheck, are not as meaningful as permanent wage increases. In fiscal year 2017, Walmart had pre-tax profits of about $20.5 billion and paid an effective federal tax rate of around 30 percent . Full-time hourly workers in the United States will get 10 weeks of paid maternity leave and six weeks of paid parental leave. (more...)
California Woman Returns Christmas Tree For A Refund California Woman Returns Christmas Tree For A Refund
- January 11, 2018

The unidentified woman wanted her money back for her tree because she claimed it was now "dead", according to NBC affiliate, WFLA . 'I can't make this stuff up , ' he wrote. The original post was removed but was reposted to Imgur by user JRD761. "All people got their money back or exchanged for something bigger and better", the user wrote. (more...)
EXTRA: Fresh Food Drives Tesco's Christmas Though Tobacco Hits Growth EXTRA: Fresh Food Drives Tesco's Christmas Though Tobacco Hits Growth
- January 11, 2018

But the declines were not as bad as some feared, following recent profit warnings from the likes of Debenhams, Moss Bros and Mothercare. Shares in Tesco (LON: TSCO ) have fallen deep into the red in London this morning, even as Britain's biggest supermarket revealed a rise in sales during the third quarter of its financial year and the crucial Christmas period. (more...)
Govt launches trade complaint against US over duties Govt launches trade complaint against US over duties
- January 11, 2018

The action comes amid disputes between the two countries over areas such as dairy, aircraft sales and lumber as well as efforts to renegotiate the North American Free Trade Agreement. Canada cited 122 cases where the USA unfairly imposed duties on foreign countries, not just Canada. "Remedies ensure that trade is fair by counteracting dumping or subsidies that are injuring US workers, farmers, and manufacturers". (more...)
Giant recalls orange cream and ice cream bars Giant recalls orange cream and ice cream bars
- January 11, 2018

No illnesses have been reported. Most of the recalled products have have a production date of January 1-Dec. According to federal food safety information found at foodsafety.gov , older adults, pregnant women and people with weakened immune systems are at special risk for listeria-related illness. (more...)
Ohio Man Accused of Spying on Thousands Via Malware Ohio Man Accused of Spying on Thousands Via Malware
- January 11, 2018

Durachinsky was allegedly able to steal victims' personal data, including logon credentials, medical and tax records, and potentially embarrassing searches. The third party believed that because of communication between the third party's computer and the CWRU computer system, the CWRU system also was likely compromised. (more...)
Modi meets economists ahead of Union Budget Modi meets economists ahead of Union Budget
- January 11, 2018

Stating that the task force used big data analysis to arrive at its findings, he added that even then there was unanimity among the experts that employment is the key going forward. Rajiv Kumar, vice-chairman of federal policy think tank NITI Aayog, which organized the discussion, said at a briefing that many experts suggested measures for raising farm productivity, reducing cost of farming and improving market access for farmers. (more...)
Bill Would Make Credit Reporting Companies Pay 'Massive' Fines For Data Breaches Bill Would Make Credit Reporting Companies Pay 'Massive' Fines For Data Breaches
- January 11, 2018

The fines would be administered by the Federal Trade Commission, and the legislation requires that at least half of any fines collected would be funneled back to citizens whose data had been lifted by hackers. "That would be the warning to Equifax, and to every other credit reporting agency that, if you do this, you're not going to walk away unscathed..." CEO Richard Smith stepped down after the breach was disclosed, and lawmakers slammed him in congressional hearings last fall. (more...)
Google ex-employees claim firm discriminates against conservative white men Google ex-employees claim firm discriminates against conservative white men
- January 10, 2018

According to the lawsuit, the company has failed to protect employees from workplace harassment related to their support of U.S. President Donald Trump or conservative political views. In one of his more controversial observations, Damore said it was the inherent biological differences between men and women, more so than explicit discrimination that accounts for any gaps that might exist between the genders in the workplace. (more...)
Stock Seesawing Amidst Rampant Activity: Nektar Therapeutics (NASDAQ:NKTR)
- January 10, 2018

This technical setup was reported by Barchart.com. Jefferies maintained it with "Buy" rating and $23.0 target in Wednesday, October 18 report. NKTR has diverse figures for different time frames; starting from week's performance it going forward toward positive percentage of 18.01% in last five regular trading sessions. (more...)
Sears Raises $100 Mln in New Funding, Sees Smaller Fourth Quarter Loss Sears Raises $100 Mln in New Funding, Sees Smaller Fourth Quarter Loss
- January 10, 2018

Those sales, a critical measure of a retailer's health, fell 14 percent to 15 percent when adjusted for pharmacies that were closed and diminished operations. Lampert again insisted that the company is on course to turn a profit in 2018. Sears Holding Corp . reportedly has warned that it will consider "all options" if efforts to refinance $1 billion fail. (more...)
Kodak stock more than doubles on news of photo-focused cryptocurrency Kodak stock more than doubles on news of photo-focused cryptocurrency
- January 10, 2018

That announcement , made at the CES tech trade show in Las Vegas, also sees the USA firm licensing out its brand. Customers would be required to pay up-front to rent mining capacity. Our deep industry roots and relationships have allowed us access this new ICO in short order, one of the first involving a significant brand name issuer that is widely recognized by the public", said Shidan Gouran, President, Global Blockchain. (more...)
Greece to limit Sharia Law after European Court challenge Greece to limit Sharia Law after European Court challenge
- January 10, 2018

During a visit to Greece last month, Turkish President Recep Tayyip Erdogan insisted that Athens was failing to adhere to the treaty by refusing to respect the country΄s Muslim minority. "Respecting in every way the unique characteristics of the Muslim minority in Thrace, the government, with the bill, rectifies past injustices against its members", Tsipras said, adding that under the previous situation, many Muslims had been deprived of individual rights "which all Greeks should enjoy". (more...)
Comerica INC (CMA) Holder Sentinel Asset Management INC Lifted Its Position
- January 10, 2018

The Connecticut-based Aqr Capital Mngmt Limited Company has invested 0.06% in Comerica Incorporated (NYSE: CMA ). It has outperformed by 37.37% the S&P500. D E Shaw & Communications accumulated 604,715 shares. Royal Bank Of Canada has 0.01% invested in Comerica Incorporated (NYSE:CMA). The insider, MOORE CHRISTINE M, now holds 14,109 shares of CMA. (more...)
Rally planned for Cobourg Tim Hortons over minimum wage memo Rally planned for Cobourg Tim Hortons over minimum wage memo
- January 10, 2018

The goal of the gathering is to get the franchise owner to go to the parent company, Restaurant Brands International, and pressure them into restoring wages, benefits and working conditions to those locations where clawbacks took place, she said. (more...)
Ford Motor Company set to launch diesel truck Ford Motor Company set to launch diesel truck
- January 10, 2018

The engine will be manufactured at a Ford plant in Britain. Towing capacity is projected to be the best for its segment at 11,400 lbs. with payload capacity measured to be at 2,020 lbs. Customers will be able to place orders for the diesel truck later this month with deliveries starting in the Spring. Dense and strong, CGI is common in diesels for its ability to handle high cylinder pressure with less weight than cast iron. (more...)
Norfolk Southern Corp. (NSC) Position Lifted by Prudential Financial Inc
- January 10, 2018

The institutional investor held 9,150 shares of the railroads company at the end of 2017Q3, valued at $1.21M, down from 11,750 at the end of the previous reported quarter. Prudential Financial Inc. owned 0.40% of Norfolk Southern worth $151,270,000 as of its most recent filing with the Securities & Exchange Commission. Optimum Investment Advsrs holds 0.08% of its portfolio in Norfolk Southern Corporation (NYSE:NSC) for 1,817 shares. (more...)
EPS for Celanese Corporation (CE) Expected At $1.84
- January 10, 2018

Vanguard Group accumulated 0% or 1.44 million shares. Hess Corporation (NYSE:HES) has seen its stock price gain 5.02, or +10.58%, so far in 2017. It has underperformed by 31.25% the S&P500. MSCI's profit will be $89.17M for 33.86 P/E if the $0.99 EPS becomes a reality. Since August 8, 2017, it had 0 insider buys, and 3 insider sales for $873,466 activity. (more...)
Teekay LNG Partners (TGP) Receives New Coverage from Analysts at Jefferies Group
- January 10, 2018

For the current year the company's revenue estimates are $1.03 Billion compared to low analyst estimates of $1.01 Billion and high estimates of $1.04 Billion according to 3 number of analysts. (NYSE:TOO) shares can stay above the price resistance around $2.7 a share, that could help propel Teekay Offshore Partners L.P. (NYSE:TOO) higher to the next line of resistance at $2.77 a share. (more...)
$1.15 EPS Expected for Danaher Corporation (DHR)
- January 10, 2018

Cullinan Associates Inc who had been investing in Danaher Corp for a number of months, seems to be bullish on the $68.59B market cap company. They expect $1.15 earnings per share, up 9.52 % or $0.10 from last year's $1.05 per share. Shares for $960,736 were sold by EHRLICH DONALD J . Investors sentiment decreased to 1.01 in 2017 Q3. The company has a quick ratio of 1.00, a current ratio of 1.43 and a debt-to-equity ratio of 0.42. (more...)
Volume Moving the Tape -1.74% For Semgroup Corp (SEMG)
- January 10, 2018

At a recent glance the stock touched 0.0674 in a recent trade. The company's stock had a trading volume of 632,300 shares, compared to its average volume of 706,750. Thomson Reuters Corporation (TSE:TRI) has 0.00% since January 9, 2017 and is. Hbk Invests Limited Partnership invested 0.02% in Thomson Reuters Corporation (NYSE:TRI). (more...)