Markets


Twitter users mock United over overbooked flight incident Twitter users mock United over overbooked flight incident
- April 11, 2017

United was asking passengers to give up their seats voluntarily for compensation as four crew members needed to get on the flight in order to work another one in Louisville or else that flight would be canceled, airline spokeswoman Maddie King said . (more...)
Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) & Baidu Inc (ADR) (NASDAQ:BIDU) Traders Recap Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) & Baidu Inc (ADR) (NASDAQ:BIDU) Traders Recap
- April 11, 2017

The company reported the earnings of $-0.22/Share in the last quarter where the estimated EPS by analysts was $-0.12/share. The company is scheduled to announce its next earnings results on Wednesday, May 10th. WARNING: This report was reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another publication, it was stolen and republished in violation of United States and global copyright & trademark legislation. (more...)
Not to Be Missed: Ukraine National Bank Governor Files Resignation Not to Be Missed: Ukraine National Bank Governor Files Resignation
- April 11, 2017

Championed by investors and the IMF, Gontareva adopted harsh anti-crisis measures heavily criticized by some lawmakers and local businessmen. Gontareva introduced sweeping reforms, including shutting down half the country's lenders suspected of money laundering and having non-transparent ownership structures.She also oversaw the nation's switching to a flexible exchange rate. (more...)
Micromax Evok Series Smartphone will be a Flipkart Exclusive Micromax Evok Series Smartphone will be a Flipkart Exclusive
- April 11, 2017

It comes with on-screen navigation buttons and has thick bezels all around the display. This phone runs on 1.3 GHz Quad core processor coupled with 2 GB RAM and 16GB ROM. The Evok Note also packs a 13MP rear camera and a 5MP front camera. The connectivity options include 4G VoLTE, Wi-Fi 802.11ac, Bluetooth v4.1, 3.5mm audio jack, and a USB Type-C. (more...)
Governors want 'verification' of Penn Station track safety Governors want 'verification' of Penn Station track safety
- April 11, 2017

The governors said in the letter to Federal Railroad Administration Executive Director Patrick Warren and Amtrak President Wick Moorman that MTA Long Island Rail Road and NJ Transit was shut out of the post-derailment assessment of Penn Station. (more...)
SpaceX chief Elon Musk sets new bar on reusable rocket engine
- April 11, 2017

SpaceX said its reusable Falcon 9 boosters cut the cost by about 30 percent. It was delivering a communications satellite that will provide TV services to Latin America into orbit. But Musk said his company has so far spent about $1 billion to develop reusability for the launch booster, the most expensive part of the rocket. Compare that to a commercial airliner - each new plane costs about the same as Falcon 9, but can fly multiple times per day, and conduct tens of thousands of flights ... (more...)
The 2004 report that Wells Fargo chose to ignore
- April 11, 2017

The scandal has cost the CEO, John Stumpf (and Warren Buffett's favourite banker) his job and millions of dollars in benefits, other senior executives lost retirement benefits and options, and others were censured. But executives treated these staffers as rogues, blamed them and treated the problem as not being systemic throughout the bank. As a result of the investigation, the board has stripped more than $180 million from senior leaders, the report stated. (more...)
Banner moment: Cubs finally raise championship flag
- April 11, 2017

As they came back on the field, Anthony Rizzo carried the World Series trophy high in the air, much to the delight of the home fans. That changed last fall when the Cubs rallied from 3-1 down in the World Series to beat the Indians in a thrilling Game 7. (more...)
JD Sports reports 81% surge in profits JD Sports reports 81% surge in profits
- April 11, 2017

But the company warned of possible inflationary pressures later this year. "The foundation of this success remains our core Sports fashion fasciae where JD's continued strength in its core markets is increasingly being complemented by momentum in our worldwide development". (more...)
Wells Fargo blames former CEO and its former community bank leader
- April 11, 2017

Wells Fargo announced Monday it was taking back $75 million from former CEO John Stumpf and ex-community bank unit head Carrie Tolstedt because of the bank's cross-selling practices that resulted in 2 million fake accounts being created. (more...)
Shell in money-laundering scandal Shell in money-laundering scandal
- April 11, 2017

NEW evidence against Oil giant Shell show that its top bosses were aware of bribes paid for the acquisition of Nigerian oil field OPL 245 in 2011. New evidence shows just how far Shell was prepared to go to get its hands on it. A spokesperson for Goodluck Jonathan told the BBC that no charges or indictments have been brought or secured against the former president relating to this transaction and described the allegations as a "false narrative". (more...)
Winnipeg veterans march to remember Vimy Ridge on 100th anniversary
- April 11, 2017

Vimy was the most successful part of the Battle of Arras in April 1917, as the Canadians pushed up and captured the strategically-important ridge from the Germans. "The battle of Vimy Ridge cost Canadians dearly: 3,598 lives lost and 7,000 wounded". Canadian soldiers on Saturday attend the sunset ceremony at Vimy Canadian National Memorial, on the eve of the ceremony commemorating the 100th anniversary. (more...)
Troubled Toshiba reports unaudited results after 2 delays Troubled Toshiba reports unaudited results after 2 delays
- April 11, 2017

The results led company chairman Shigenori Shiga to step down. Toshiba might get some sympathy from the authorities, as the Financial Services Agency (FSA), which oversees the regional finance bureaus, is becoming frustrated with PwC's probes of results checked by Toshiba's previous auditor, Ernst & Young (EY) ShinNihon LLC. (more...)
Inflation steady as lower air fares offset higher food and clothing prices Inflation steady as lower air fares offset higher food and clothing prices
- April 11, 2017

Separately, the ONS said house prices rose by an annual 5.8 percent in February, picking up speed from January and their increase since October. As well as pushing down fuel prices for drivers moderately in March, a fall in global oil prices helped to take some of the steam out of cost growth faced by factories, the ONS data showed. (more...)
Analysts Watch American Homes 4 Rent (NYSE:AMH) And Issue New Targets
- April 11, 2017

The company has an average rating of "Hold" and an average price target of $13.60. They issued a "buy" rating and a $12.00 price objective on the stock. This represents a $0.32 annualized dividend and a dividend yield of 3.33%. The ex-dividend date was Monday, March 13th. Rent-A-Center's dividend payout ratio (DPR) is -1.95%. (more...)
Video shows United passenger forcibly removed from flight
- April 11, 2017

The 31-second clip shows three men wearing radio equipment and security jackets speaking with a man seated on the plane. Videos of a United Airlines passenger being forcibly dragged from his seat to make room for airline crew members go viral. (more...)
Farooq Abdullah warns India about losing Kashmir Farooq Abdullah warns India about losing Kashmir
- April 11, 2017

And come down from your high horses.I am seeing a very bad situation. "I don't think the Secretary General is reluctant", he said. Kashmir Bar Association and Hurriyet leaders including Mukhtar Ahmad Waza, Muhammad Yousuf Naqash, Farida Behanji, Zafar Akbar Butt, Muhammad Iqbal Mir and Muslim League in their separate statements condemned the civilian killings and appealed to the global community to take notice of the worst human rights violations being perpetrated by Indian forces in the ... (more...)
United CEO says upset by man dragged off plane United CEO says upset by man dragged off plane
- April 11, 2017

Bridges , the woman who posted the video , said the man is a doctor who needed to be at the hospital Monday morning. Three got off but the fourth, a man who said he was a doctor and needed to get home to treat patients on Monday, refused. (more...)
Westinghouse files for bankruptcy, leaves U.S. utility in the lurch
- April 11, 2017

It is possible the number will be higher, Toshiba's officials have said in the past few weeks, as Westinghouse accrues liquidated damages from missing milestones or possibly breaching its contracts with US utilities. Meanwhile, the U.S. government had granted a loan of $8.3 billion for the utilities in Georgia. The four units, two AP1000 reactors at each facility, were the first to be licensed and under construction in the US since 1979. (more...)
Activist Investor May Pressure Whole Foods to Sell Itself
- April 11, 2017

Activist investor Jana Partners LLC has amassed a almost 9% stake in Whole Foods Market Inc. and wants the upscale organic grocer to speed up its turnaround efforts while also exploring a possible sale. Jana's filing suggested Whole Foods explore taking distribution in-house or pursuing a strategy that would "diversify" and limit influence from its current distribution partner, an apparent reference to United Natural Foods Inc. (more...)

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