Business


EPS Predictions Review: Norfolk Southern Corporation (NSC) EPS Predictions Review: Norfolk Southern Corporation (NSC)
- January 25, 2018

The stock increased 2.02% or $1.13 during the last trading session, reaching $57.16. (NYSE:V) for 2.74 million shares. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since January 24, 2017 and is uptrending. The stock gained 4.71 percent over the past month and rose 4.67 percent year-to-date. The insider Gray Charles Jeffrey sold 8,161 shares worth $344,763. (more...)
Greenleaf Trust Upped Bank Amer (BAC) Holding; Escalade, (ESCA) Had 4 Bulls
- January 25, 2018

The hedge fund run by Ken Fisher held 3.45 million shares of the homebuilding company at the end of 2017Q3, valued at $83.25M, down from 3.49 million at the end of the previous reported quarter. On Friday, January 29 the stock rating was upgraded by CLSA to "Outperform". Tnb Financial, which manages about $602.89M US Long portfolio, decreased its stake in Express Scripts Hldg Co Com (NASDAQ:ESRX) by 152,337 shares to 7,363 shares, valued at $466,000 in 2017Q3, according to the filing. (more...)
Justice Department threatens West Palm Beach with subpoenas over immigration Justice Department threatens West Palm Beach with subpoenas over immigration
- January 25, 2018

The agency warned that it could use subpoena powers to compel the cities and states to prove they're cooperating with immigration authorities. The move prompted immediate backlash, with mayors from across the country boycotting a planned meeting at the White House with President Trump on Wednesday afternoon. (more...)
US Safety Board to Probe Tesla Autopilot Crash US Safety Board to Probe Tesla Autopilot Crash
- January 25, 2018

In a separate incident, which actually took place in December of 2017 but has only come to light now, a motorcyclist claims that he was bumped into and then fell off of his motorbike as a Chevy Bolt veered into his lane and that the driver tried to grab the wheel and correct the vehicle, but was too late. (more...)
Letter Surfaces Claiming Alcatraz Inmates Survived Infamous Escape Letter Surfaces Claiming Alcatraz Inmates Survived Infamous Escape
- January 25, 2018

The debate has once again been reignited with the recent discovery of a letter purported to have been written by one of the Anglin brothers. CBS San Francisco exclusively obtained it from a source. Their ingenious escape attempt saw them fashion "bodies" from soap wax they placed in their beds to fool guards, before sneaking out of the prison via an unused utility corridor and sailing off into the famously risky waters of San Francisco bay on a makeshift raft. (more...)
Portsmouth employment continues to rise as country sees record figures Portsmouth employment continues to rise as country sees record figures
- January 25, 2018

More timely data from December showed the seasonally adjusted claimant count rate increased to 2.4% from 2.3% in November. United Kingdom employment surged to a record high of 32.2 million people in work between September and November 2017, according to figures from the Office for National Statistics (ONS). (more...)
Markets scale fresh highs; telecom stocks in red Markets scale fresh highs; telecom stocks in red
- January 25, 2018

The Sensex of the BSE after opening at 36,161.62 points touched a high of 36,163.68 and a low of 36,085.68 points. It had closed at record high of 36,139.98 on Tuesday after touching an intra-day high of 36,170.83. Benchmark equity indices were almost flat in trade on mixed cues from other Asian equity markets. IT stocks led the gains with the BSE IT index rising 193 points to 12833.94, the maximum on index. (more...)
Centre to infuse over Rs. 88000 cr in PSU banks this fiscal Centre to infuse over Rs. 88000 cr in PSU banks this fiscal
- January 25, 2018

The government has two objectives in recapitalisation plan - which bank would get how much money. The finance minister announced a Rs 2.11 lakh crore recapitalisation of PSBs in October 2017. Eleven banks which have taken corrective action, including IDBI, Central Bank of India and UCO Bank, will get Rs 52,311 crore. Indian Overseas Bank, which received Rs 4,694 crore and was the first to face PCA , welcomed the move. (more...)
Canada, US Business Leaders Meet in Davos, Switzerland Canada, US Business Leaders Meet in Davos, Switzerland
- January 25, 2018

Expressing gratitude towards PM Modi, Mr Trudeau said that India and Canada share special bonds of history, friendship and trade. Business investment in Canada represents about 11 percent of Canada's gross domestic product (GDP), ranking the country 16th out of 17 developed countries of the Organization for Economic Cooperation and Development, according to an October 2017 Fraser Institute study by Philip Cross, former chief economic analyst at Statistics Canada. (more...)
ONGC borrows 4000 crore from ICICI Bank for buying HPCL ONGC borrows 4000 crore from ICICI Bank for buying HPCL
- January 25, 2018

Sources said ICICI Bank has extended one-year loan to ONGC to fund the acquisition of government's 51.11% stake in Hindustan Petroleum Corp Ltd ( HPCL ). We have internal resources available with us which is around Rs 13,000 crore. "Also, we have offers for over Rs 50,000 crore debt at very competitive rates, both foreign currency and local". (more...)
Dollar tumbles after USA treasury chief welcomes weaker value Dollar tumbles after USA treasury chief welcomes weaker value
- January 25, 2018

Trump slapped new tariffs on imports of solar panels and washing machines on Monday, a move that risks inflaming tensions with China. Gold climbed 1.2 percent. Mnuchin, flanked by U.S. Commerce Secretary Wilbur Ross at a press briefing, said: "This is an important forum". Treasury Secretary Steven Mnuchin (center) arrives for a press briefing on day two of the World Economic Forum (WEF) in Davos, Switzerland, on January 24, 2018. (more...)
Wisconsin unsure how Kimberly-Clark cuts will affect jobs Wisconsin unsure how Kimberly-Clark cuts will affect jobs
- January 25, 2018

Meanwhile, due to a recent pullback which led to a fall of nearly -4.66% in the past one month, the stock price is now with underperforming -3.06% so far on the year - still in weak zone. The company's fourth-quarter results, also published today, show sales of $4.6bn, up 1% compared with same period in 2016, while operating profit was $812m compared with $839m in Q4 2016. (more...)
Iconic 'Field of Dreams' baseball field vandalized by auto Iconic 'Field of Dreams' baseball field vandalized by auto
- January 25, 2018

However, the combination of warmer weather and steady rain loosened the soil enough for the vehicle to cause serious damage. Al Steffen, the site's field manager, said there are no security cameras on the field. "We won't be able to do anything for months". Stillman plans to keep the field accessible as normal during the repairs. Stillman said a damage assessment still is underway, but she anticipates repairs will cost thousands of dollars. (more...)
Starbucks to Raise Employee Wages in Wake of Trump's Tax Reform Starbucks to Raise Employee Wages in Wake of Trump's Tax Reform
- January 25, 2018

It also expanded its parental leave policy for cafe workers, giving non-birth parents up to six weeks of paid leave when welcoming a new child. "Investing in our partners has always been our strategy, and due to the recent changes in USA tax law, we are able to accelerate some significant partner investments", Starbucks CEO Kevin Johnson said in a letter to employees. (more...)
Arsene Wenger admits Manchester United experience may have damaged Henrikh Mhkitaryan Arsene Wenger admits Manchester United experience may have damaged Henrikh Mhkitaryan
- January 25, 2018

The Chile worldwide forward completed his move to United, saying interest from Mourinho made him feel wanted, with Mkhitaryan moving to Arsenal. "They are consistent and look like a team who want to attack more than it used to", Saha said , with United now 12 points behind leader Manchester City after 24 league matches. (more...)
United Airlines' stock slammed as growth plans alarm investors United Airlines' stock slammed as growth plans alarm investors
- January 25, 2018

The lowest target is $55.0 while the high is $105.0. For example, if a stock has an RVOL of 5, it's trading at five times its normal volume. About 17.73M shares traded or 321.30% up from the average. 9 funds opened positions while 35 raised stakes. Morgan Stanley maintained the shares of UAL in report on Thursday, August 17 with "Equal-Weight" rating. (more...)
Qualcomm Slapped With $1.2 Billion Fine by EU Anti-Trust Probe Qualcomm Slapped With $1.2 Billion Fine by EU Anti-Trust Probe
- January 25, 2018

Qualcomm violated antitrust rules by using incentive payments to Apple , one of its biggest customers, as well as price reductions to ensure exclusivity, the European Union said . In 2009, the Commission was forced to close a high-profile probe against Qualcomm after several complainants withdrew their support . As the number one producer and supplier of SoCs for the world's top Android smartphone vendors, and the clear leader of the entire mobile LTE modem chip market, you'd probably ... (more...)
Burger King Has an Opinion on Net Neutrality Burger King Has an Opinion on Net Neutrality
- January 25, 2018

The restaurant charges Whoppers in tiers of "MBPS", or "Making Burgers Per Second", with fast lanes and slow lanes. Weeks after the vote, Burger King has joined a long list of late-night hosts , Democratic lawmakers , mainstream media outlets , and liberal activists on social media who decried the FCC decision as a threat to a free and open internet. (more...)
Comcast Sheds 33K Video Customers in Q4 Comcast Sheds 33K Video Customers in Q4
- January 25, 2018

Clarius Group LLC boosted its stake in Comcast by 0.4% during the 2nd quarter. Excluding the impact of a $12.7 billion one-time benefit following the USA tax overhaul signed into law in December, earnings per share were 49 cents, beating analyst estimates of 47 cents per share. (more...)
Alphabet's X just birthed Chronicle, and it wants to fix cybersecurity Alphabet's X just birthed Chronicle, and it wants to fix cybersecurity
- January 25, 2018

Gillett said the software is meant to solve a common complaint of IT and security professionals-being overwhelmed by the deluge of security alerts they receive each day warning of potential bugs and vulnerabilities. Mike Wiacek and Shapor Naghibzadeh had recently arrived at X after spending a combined 20+ years in Google's security team. For now, Chronicle says it is offering "select enterprise customers" the chance to get early access to the company's services; when it will launch for ... (more...)
White House pours cold water on North Korea's sports diplomacy White House pours cold water on North Korea's sports diplomacy
- January 25, 2018

In December, Tillerson said the State Department was "ready to talk anytime North Korea would like to talk". Under a recently reached agreement, North Korean athletes and others from the country are expected to take part in the Pyeongchang Olympics . (more...)
US Sanctions on North Korea Target Entities With Ties to China US Sanctions on North Korea Target Entities With Ties to China
- January 25, 2018

The Rye Song Gang No. 1 is among ships on the U.N.'s sanctioned vessel list , which prohibits them from entering ports. The ministry said it reported the sighting, including four photos, to the U.N. sanctions, the Foreign Ministry said on Wednesday. Other sanctioned individuals work for banks in China and Russian Federation that are linked to a North Korean bank. (more...)
Dems Feinstein, Schiff suggest Russian bots pushed for release of controversial memo Dems Feinstein, Schiff suggest Russian bots pushed for release of controversial memo
- January 25, 2018

Schiff and Feinstein, both California lawmakers, suggested that a trending Twitter hashtag, #ReleaseTheMemo, got a strong boost from Kremlin-linked groups. Schiff and Feinstein have asked that Twitter and Facebook release their findings to the public by January 26. After the Alliance for Securing Democracy reported there was significant Russian activity on the hashtag, Schiff and Feinstein called for Facebook and Twitter to conduct an investigation Tuesday into whether it was ... (more...)
Las Vegas airport passenger tally sets new annual record Las Vegas airport passenger tally sets new annual record
- January 25, 2018

At this rate, YVR will likely breach its projected goals of 25 million passengers - originally forecasted by 2020 - this year or next, said Vancouver Airport Authority president and CEO Craig Richmond. Frontier Airlines launched service to four cities including two new destinations with Islip and Providence and two existing destinations with San Antonio and Austin, Texas. (more...)
Suspected US drone attack in Pakistan kills two militants of Haqqani network Suspected US drone attack in Pakistan kills two militants of Haqqani network
- January 25, 2018

Pakistan condemned a US drone strike that reportedly killed three members of the dreaded Haqqani terrorist network staging deadly attacks in neighboring Afghanistan. "Pakistan has also been stressing the need of early repatriation of Afghan refugees as their presence in Pakistan helps Afghan terrorists to melt and morph among them", it added. (more...)

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