Business


Amazon's new 'Instant Pickup' service promises items in two minutes or less Amazon's new 'Instant Pickup' service promises items in two minutes or less
- August 15, 2017

The e-commerce giant has an affinity for purchase disruption and this time it's targeting impulse buys. One can tap on the menu icon, select programs and features and can find instant pickup. Amazon has made two-day shipping standard in the United States. The service, which is free for Prime and Prime Student subscribers, is now offered in Los Angeles and Berkeley, Calif.; Atlanta; Columbus, Ohio; and College Park, Md. (more...)
Air Berlin files for insolvency after Etihad backs out Air Berlin files for insolvency after Etihad backs out
- August 15, 2017

Those talks fell apart in June. Air Berlin said it's now in talks with German flag carrier Lufthansa for parts of its business. Niki is not part of the insolvency proceedings. Etihad, which holds a 29-percent stake in Air Berlin, said the development was "extremely disappointing" but that it could no longer justify further funding after providing an additional 250 million euros in April. (more...)
Retail sales impress with a boost from Amazon Prime Day Retail sales impress with a boost from Amazon Prime Day
- August 15, 2017

The Commerce Department said retail sales jumped 0.6% last month, the biggest increase since December. The May 2017 to June 2017 percent change was revised from down 0.2% to up 0.3%. In response, the dollar hit a near three-week high against a basket of major currencies. Retail sales have climbed 4.2% in the past 12 months, close to the five-year average. (more...)
Gates listed for charity $4.6 billion Gates listed for charity $4.6 billion
- August 15, 2017

And while the recipient of the gift wasn't specified, Gates has made the majority of his donations to the Bill & Melinda Gates Foundation, the charity he and his wife use to direct their philanthropic efforts. The second largest was made by Mr Buffett, who donated nearly $3.2bn to the Bill & Melinda Gates Foundation last month. "Those would be worth about $50 billion today had he held onto them", noted Bloomberg . (more...)
The Home Depot, Inc. Bottom Line Rises 9% In Q2 The Home Depot, Inc. Bottom Line Rises 9% In Q2
- August 15, 2017

Dorsey Whitney Trust Co Lc has invested 1.54% in Home Depot Inc (NYSE:HD). TX's holdings, making the stock its 6th largest position. CT Financial Advisors LLC increased its stake in Home Depot by 0.4% in the first quarter. Home Depot Inc (NYSE:HD) has risen 18.65% since August 15, 2016 and is uptrending. If you are accessing this story on another domain, it was stolen and republished in violation of worldwide copyright and trademark legislation. (more...)
Pagegroup PLC (PAGE) Rating Reiterated by Citigroup Inc Pagegroup PLC (PAGE) Rating Reiterated by Citigroup Inc
- August 15, 2017

Wolfe Research initiated Coach Inc (NYSE:COH) on Wednesday, October 14 with "Peer Perform" rating. It has underperformed by 5.64% the S&P500. Therefore 40% are positive. It has a 21.28 P/E ratio. 233.71 million shares or 3.77% less from 242.86 million shares in 2016Q3 were reported. Traders who own the stock with a record date on Thurs, Jul 6th will be given a GBX 24.87 ($0.32) dividend. (more...)
German growth slightly slower than expected in Q2 German growth slightly slower than expected in Q2
- August 15, 2017

Germany's statistics body said that "positive impulses" in the second quarter came from domestic demand, as spending by households and the government increased "markedly". EUR USD Forecast: Eurozone GDP to Rise in the Second Quarter? There was an increase in fixed capital formation in machinery and equipment, in construction and in other fixed assets. (more...)
Is there a Bearish outlook for Eurocell PLC (LON:ECEL) this week?
- August 15, 2017

Synthomer PLC (LON:SYNT) opened at 475.30 on Friday. The rating was maintained by Liberum Capital on Tuesday, January 17 with "Buy". The rating was maintained by Jefferies on Wednesday, August 19 with "Hold". It has underperformed by 11.84% the S&P500. Town Centre Securities PLC is the United Kingdom-based property investment and development company. The company has market cap of 238.29 million GBP. (more...)
German Economy Extends Growth Spurt As Nation Heads For Vote German Economy Extends Growth Spurt As Nation Heads For Vote
- August 15, 2017

Frankfurt time, down 0.2 percent. Looking ahead the EUR USD exchange rate rally tomorrow morning if the Eurozone's latest GDP estimate shows that economic growth in the bloc rose from 0.5% to 0.6% in the second quarter. There was an increase in fixed capital formation in machinery and equipment, in construction and in other fixed assets. Year over year, growth hit 2.1% against 1.9% expected but the previous figure was revised down. (more...)
Opening weekend of Premier League brings plenty of goals, suprises Opening weekend of Premier League brings plenty of goals, suprises
- August 15, 2017

Morgan and his men have the relatively easier task of a home match against newly promoted Brighton this Saturday. Fans should bear in mind that Alexis scored 24 goals in the league last season, and as such, he has attracted interest from both Paris Saint-Germain and Manchester City. (more...)
Hurricane Gert strengthens while 2 new tropical Atlantic systems are monitored Hurricane Gert strengthens while 2 new tropical Atlantic systems are monitored
- August 15, 2017

Hurricane Gert had winds of 75 miles per hour, which makes it a minimal Category 1 hurricane. Forecasters said its new intensity forecast wasn't as aggressive in part because the storm wasn't looking quite as robust as it had earlier. The first, Invest 91L , was located a few hundred miles west-southwest of the Cabo Verde Islands. The system is being give a 20 percent chance of forming into a tropical cyclone during the next two days and 60 percent during the next five days. (more...)
Unions protest as rail fares rise is revealed Unions protest as rail fares rise is revealed
- August 15, 2017

Train fares have risen at twice the rate as wages in the United Kingdom since 2010, new research shows. Regulated rail fares - such as most commuter fares, season tickets and off-peak rail fares - are set by the devolved United Kingdom governments. (more...)
Top US General to Meet South Korean Leader Amid Tensions
- August 15, 2017

A top United States military official landed in Seoul on Monday ahead of talks with the country's leader amid rising tensions on the Korean peninsula, the media reported. The U.S. hasn't taken any public steps to prepare for hostilities such as evacuating Americans from Seoul , which is within range of North Korean artillery, or moving ships, aircraft or troops into position for an imminent response. (more...)
USA ready for 'decisive' action against NK, but focusing on diplomacy: Dunford USA ready for 'decisive' action against NK, but focusing on diplomacy: Dunford
- August 15, 2017

The United States also has deployed Terminal High Altitude Area Defense (THAAD) anti-ballistic missile system to South Korea that can shoot down short, medium and intermediate-range ballistic missiles. We do not want North Korea's collapse. Dunford's Asia visit comes as fears grow that a war of words between Trump and North Korean leader Kim Jong Un will lead to a miscalculation that sparks an actual military conflict. (more...)
North Korean Leader Briefed on Planned Missile Test Near Guam
- August 15, 2017

Trump said it was time that somebody stood up to the pariah nation. He went on to repeat his charge that previous administrations had ignored the North Korean threat "and I had no choice but to take it on, and I'm taking it on". At times, the White House has tried to deprive Pyongyang of the attention experts believe its erratic leader seeks with each nuclear test. "Do not look at the flash or fireball - it can blind you". (more...)
France's Macron speaks to Trump, warns over N Korea escalation
- August 15, 2017

Despite the missile tests, there's plenty of scepticism over whether or not North Korea has developed the re-entry vehicle technology needed to land a warhead. He said America does "not seek a regime change" or collapse, or an accelerated reunification of the two Koreas. Trump said that if Kim "utters one threat, in the form of an overt threat, which by the way he has been uttering for years, and his family has been uttering for years, or if he does anything with respect to Guam , or ... (more...)
President Schill condemns racism, violence in campus message
- August 15, 2017

A rally staged by white nationalists in Charlottesville turned violent on Saturday. At one point, someone drove a auto through a group of counter-protesters, injuring 19 and killing one, the Associated Press reports . "People saying he cucked are shills and kikes", said the site's editor Andrew Anglin. "When reporters were screaming at him about White Nationalism he just walked out of the room". (more...)
Trump to inspect China business policies, could intensify tensions: Chinese media Trump to inspect China business policies, could intensify tensions: Chinese media
- August 15, 2017

But Trump also told Xi about the move toward a possible inquiry into China's trade practices, according to two USA officials familiar with that conversation. "President Trump is committed to protect America's intellectual property and national security", the official said. "The results are there for all to see". (more...)
Dollar edges up vs yen, outlook seen clouded by N.Korea tensions Dollar edges up vs yen, outlook seen clouded by N.Korea tensions
- August 15, 2017

Japan's economy grew in the second quarter at the quickest pace in more than two years as consumer spending and capital expenditure both rose at the fastest in more than three years. The Nasdaq composite climbed 81.06 points to 6,337.62. "If we continue to see the North Korea tensions kept in the background, there's some room for dollar/yen to tick up higher, perhaps to 111, maybe as far as 112", said Sim Moh Siong, FX strategist for Bank of Singapore. (more...)
Wall Street ends off lows as traders buy North Korea dip Wall Street ends off lows as traders buy North Korea dip
- August 15, 2017

In Europe, Germany's DAX rose 0.3 percent, while France's CAC 40 added 0.2 percent. It is poised to end the week down 1.9 percent. Against the dollar the euro was 0.16pc lower. But others believe North Korea has no intentions of backing down. The South Korean won sank around 0.8 per cent to 1,133.8 to the dollar, its lowest since July 14. (more...)
Under Armour CEO Kevin Plank Says He's Exiting Trump's Manufacturing Council Under Armour CEO Kevin Plank Says He's Exiting Trump's Manufacturing Council
- August 15, 2017

On Sunday evening the CEO of pharmaceutical giant Merck , Kenneth C. Frazier, resigned from Trump's manufacturing council. Trump faced a firestorm of criticism for refusing to condemn specific white supremacist groups that participated in the "Unite the Right" rally Saturday in Charlottesville . (more...)
Seattle Seahawks Preseason: 3 Takeaways vs Chargers Seattle Seahawks Preseason: 3 Takeaways vs Chargers
- August 15, 2017

Before Seattle's opening possession, the Chargers had their first offensive unit in, and it looked good. Preseason games are crucial for the teams' development and to get ready for the opener a month from now. In his absence, the Chargers will likely lean on Jatavis Brown - who played inside linebacker last season - or Korey Toomer. The offense benefitted greatly from an opportunistic defense. (more...)
Shares in Telit Communications surge as chief executive Oozi Cats departs Shares in Telit Communications surge as chief executive Oozi Cats departs
- August 15, 2017

An investigation at the company found an indictment had been issued against Oozi Cats. A statement from the company, which has offices in the City of London, on Monday said Cats had resigned from the board and his position with immediate effect. (more...)
Investor Review: iShares Core MSCI EAFE ETF (IEFA) Shares Under the Microscope Investor Review: iShares Core MSCI EAFE ETF (IEFA) Shares Under the Microscope
- August 15, 2017

A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold). Finding the correct portfolio balance is how many investors choose to approach the markets. Coming up with a solid strategy may take some time, but it might be well worth it in the long run. (more...)
Stocks, dollar climb as N.Korea worry fades for now Stocks, dollar climb as N.Korea worry fades for now
- August 15, 2017

Volume hit about 84 million shares, making Snap the most-traded stock across all US exchanges. On Monday the U.S. dollar rose 0.3 per cent against the yen to 109.48 yen. In currencies , the USA dollar was up 1 per cent against the Swiss franc, erasing much of the greenback's losses last week against the Swiss currency, which is viewed as a safe bet during times of geopolitical turmoil. (more...)