Business


U.S. Consumer Prices Rose 0.2% in July U.S. Consumer Prices Rose 0.2% in July
- August 12, 2018

The so-called core CPI, which excludes the volatile food and energy categories, rose 0.2% for a third straight month but the annual increase was 2.4%, the largest rise since September 2008. Food prices edged up 0.1 per cent after rising 0.2 per cent in June. That gauge hit the USA central bank's 2 percent target in March for the first time in more than six years and Fed policymakers have said they will not be unduly concerned if it overshoots its target in the coming months. (more...)
Don't Miss This Stock: Barrick Gold Corporation (ABX),Alaska Air Group (ALK)
- August 12, 2018

Instead, the company has sought to reassure markets with guidance showing output will be stable above 4 million ounces until at least 2027, and has highlighted prospects for internal production. Institutions generally purchase large blocks of a company's outstanding shares and can exert considerable influence upon its administration. ABX now trades at a forward P/E of 15.94, a P/B of 1.36, and a P/S of 1.65 while LUV trades at a forward P/E of 11.74, a P/B of 3.40, and a P/S of 1.60. (more...)
Hammond mulls 'Amazon tax' to counter high street woes Hammond mulls 'Amazon tax' to counter high street woes
- August 12, 2018

The government legislation is not keeping up with the change in technology. Mr Hammond's comments come as high street retailers reel under pressure from soaring costs, including business rates. "That's certainly something we'd be prepared to consider". The Chancellor made the announcement during a visit to the West Midlands on the day GDP figures showed the United Kingdom economy has grown by 0.4 per cent. (more...)
Trade Desk Stock Skyrockets on Impressive Q2 Earnings Trade Desk Stock Skyrockets on Impressive Q2 Earnings
- August 12, 2018

We continued to see marketers spend disproportionately more with The Trade Desk as they look beyond the few search and social sites that historically captured the most advertising dollars. The Trade Desk inc (NASDAQ: TTD ) gained 2.1 Percent and closed its previous trading session at $93.29. ( TTD ) remained successful in beating the consensus-estimated $0.1 as it actually earned $0.34 per share in its last reported financial results. (more...)
FxWirePro: Spotlight on RBA's MPS, Aussie dollar and swap rates FxWirePro: Spotlight on RBA's MPS, Aussie dollar and swap rates
- August 12, 2018

The RBA also highlighted risks to global growth from rising trade protectionism without mentioning US President Donald Trump directly. The central bank confirmed it has downgraded its 2018 inflation forecast , after flagging the change in Tuesday's rates decision. (more...)
Chicken strips recalled due to Listeria risk Chicken strips recalled due to Listeria risk
- August 12, 2018

The recalled product comes in a hard plastic shell packaging with a best before date reading 18-Au-04, with time codes starting with W202011, and UPC 0 71430 06069 8. Symptoms can include vomiting, nausea, persistent fever, muscle aches, severe headache and neck stiffness. Health Canada says the risk is heightened for pregnant women, the elderly and people with weakened immune systems. (more...)
TZero ICO raises $134M, Overstock shares soar TZero ICO raises $134M, Overstock shares soar
- August 12, 2018

The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . On the other hand Overstock .Com Inc ( NASDAQ : OSTK ) has Relative Strength Index (RSI 14) of 53.38 along with Average True Range ( ATR 14) of 2.18. (more...)
Roku, Inc., (NASDAQ: ROKU) Roku, Inc., (NASDAQ: ROKU)
- August 12, 2018

Dropbox shares fell Thursday following mixed news in its Q2 2018 earnings statement. Dropbox shares plunged in extended trading despite crushing Wall Street forecasts for its second quarter, as it revealed one of its key executives would be leaving next month. (more...)
436 people sickened in outbreak linked to McDonald's salads 436 people sickened in outbreak linked to McDonald's salads
- August 12, 2018

That number increased to 436 this week. Of the hundreds sickened, 20 were hospitalized with severe symptoms. The cyclospora parasite causes intestinal illness in people who consumed contaminated food or water. The cyclospora outbreak related to McDonald's salads continues to spread, according to Thursday's updates from the FDA and the CDC. "The investigation is ongoing, and FDA is working to determine the sources of the ingredients that were in common to the salads served at McDonald's". (more...)
Hackers access up to 34,000 guest records, holiday camp firm confirms Hackers access up to 34,000 guest records, holiday camp firm confirms
- August 12, 2018

The holiday camp chain says the stolen data does not include payment details - but customers' names, holiday dates, postal and email addresses and telephone numbers are believed to have been accessed. Nigel Taylor, managing director and founder, says: 'Companies are ultimately in the hands of their staff to halt these attacks at the front line. Media captionTechnology explained: What is phishing? Ms Paulley added that human error was the "greatest single point of weakness" in ... (more...)
Seattle airport employee steals plane, takes off and crash lands Seattle airport employee steals plane, takes off and crash lands
- August 12, 2018

He added: "I'm sorry about this, I hope it doesn't ruin your day [.]". The plane was a Q400, a Bombardier turboprop plane , one of about 40 the airline has in its fleet. He then said: "I wouldn't know how to land - I wasn't really planning on landing it". "It's very unusual", she said. Fighter jets were scrambled after Russell, 29, stole a 76-seat Horizon Air plane at about 7.32pm local time on Friday. (more...)
New Hub? 50 ICOs Eye Thai Crypto License New Hub? 50 ICOs Eye Thai Crypto License
- August 12, 2018

The SEC consults with the country's Finance Ministry before concluding the approval of any firm. There are also around 20 companies that have applied for licences to operate as digital asset exchanges , Mr Rapee said. Thailand has demonstrated a strong positive approach to the regulation of cryptocurrencies. This week, the country's central bank also green-lighted subsidiaries of financial institutions for crypto activities. (more...)
Turkey turmoil spills over to Wall Street, shaves 200 points off Dow Turkey turmoil spills over to Wall Street, shaves 200 points off Dow
- August 12, 2018

The S&P 500 lost 7.07 points, or 0.2 percent. Major equity indexes in the USA failed to determine a clear trend on Thursday as major sectors showed varying performances. Data on Friday showed USA consumer prices rose in July and the underlying trend continued to strengthen, pointing to a steady increase in inflation pressures. (more...)
Growth doubles to 0.4pc as economy bounces back from cold snap Growth doubles to 0.4pc as economy bounces back from cold snap
- August 12, 2018

Sterling, shaken over the last week by growing talk of a no-deal Brexit, was little moved by the data which painted a familiar picture of growth led by the services sector while businesses were reluctant to raise investment much. "However, manufacturing continued to fall back from its high point at the end of past year and underlying growth remained modest by historical standards". (more...)
Irish retailing family step in to buy Poundworld Irish retailing family step in to buy Poundworld
- August 12, 2018

Dublin retailing family, the Hendersons, opened a store called Poundworld in Ireland in 1984. All Poundworld stores will close on Friday as planned but the family will begin to reopen some after the deal is rubber-stamped, likely to be next week. (more...)
Seattle plane crash: Family of man who crashed stolen plane issue statement Seattle plane crash: Family of man who crashed stolen plane issue statement
- August 12, 2018

Video from a witness on the ground shows the plane at one point doing a loop, putting the aircraft upside-down, then pulling up just feet above a body of water. Two F-15 fighter jets scrambled from Portland "minutes later" to intercept it, according to Pierce County Sheriff's Office. The plane was pursued by military aircraft before it crashed on tiny Ketron Island , southwest of Tacoma, Washington. (more...)
Kinder Morgan Inc (KMI) Plans $0.20 Quarterly Dividend
- August 12, 2018

The company has a market cap of $39.34 Billion. This snap also identify the up or down movement in specific trading period.WEEKLY performance of the stock was 2.22% and MONTHLY performance was -1.65% and YEARLY performance was -9.27%. The stock price disclosed 1.86% volatility in past month and identified 1.64% volatility for the past week. Beta factor was calculated at 0.69. (more...)
Leeds affected as RMT union announces more strikes on Northern services Leeds affected as RMT union announces more strikes on Northern services
- August 12, 2018

At the same time, another walk-out over the removal of guards, planned for Saturday on South Western Railway , was called off to allow further negotiations. Similar agreements have also been reached in Wales and Scotland. But responding, the RMT said SWR's statement "did not represent" what it had been told and added it remained available for further talks. (more...)
British pound falls lower against dollar, euro British pound falls lower against dollar, euro
- August 12, 2018

Euro and pound banknotes are seen in front of BREXIT letters in this picture illustration taken April 28, 2017. Sterling is down 0.6% against the dollar to $1.2860 at 12.00 p.m. The pound traded up 0.1 percent to 89.865 pence per euro, above its recent 2018 lows of 90.30 pence. Against the euro, the pound has held up far better as demand for dollars has kept the euro on the back foot. (more...)
Japan second-quarter GDP expands annualised 1.9 percent - government Japan second-quarter GDP expands annualised 1.9 percent - government
- August 12, 2018

The growth figure - annualised at 1.9 per cent - was better than analysts had expected, beating a market consensus of 0.3 per cent growth compiled by Bloomberg News. External demand, or exports minus imports, subtracted 0.1 percentage point from growth, missing expectations for a 0.1 percentage point contribution. (more...)
Horizon Air Q400 Hijacked from Seattle Horizon Air Q400 Hijacked from Seattle
- August 12, 2018

Flights resumed from Sea-Tac by 9 p.m., but it took until 1 a.m. for operations to get fully back to normal, Ehl said. "They probably have anti-aircraft", he responds. "The guy didn't know how to fly or intentionally did stunts over Anderson Island, and crashed into Ketron Island", Troyer said. NORAD said that the jets were armed, but that they did not fire upon the plane. (more...)
'Suicidal' man steals and crashes empty plane from Seattle airport
- August 12, 2018

Wordpress Richard Russell in a photo from his personal blog. He also said he was thinking of becoming a military officer. Debra Eckrote, a regional chief with the National Transportation Safety Board, says the wings are off the plane and the fuselage is upside down. (more...)
Mexico's economy minister says 'encouraged' to continue NAFTA talks Mexico's economy minister says 'encouraged' to continue NAFTA talks
- August 12, 2018

Asked about the reports, the office of U.S. Trade Representative Robert Lighthizer raised no objections to their accuracy. Canadian embassy spokespeople could not be reached for comment. The parties had been working through outstanding items, Economy Minister Ildefonso Guajardo said. But sources say they are near to agreement on the key US demands that more of the content of automobiles imported duty-free under NAFTA be made in North America, and by workers earning at least $16 an hour. (more...)
Digital revenues grow to 30% as news subscriptions build Digital revenues grow to 30% as news subscriptions build
- August 12, 2018

However, the media company also posted a net loss of $355 million as reported, accounting for a non-cash impact of $337 million from the combination of Foxtel and Fox Sports Australia, which is narrower than a year-ago net loss of $424 million. (more...)
United Kingdom rents to surge 15% by 2023 RICS warns United Kingdom rents to surge 15% by 2023 RICS warns
- August 12, 2018

The Royal Institution of Chartered Surveyors (RICS) residential market survey for July found 27% more respondents had seen a fall rather than a rise in new instructions from landlords. "The risk.is that a reduced pipeline of supply will gradually feed through into higher rents". Choudury adds: "The government must urgently look again at the private rental sector as a whole, including ways to encourage good landlords". (more...)

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