Markets
U.S. sues over proposed deal between United, Delta at Newark
- November 11, 2015
United had agreed to lease the Newark slots from Delta in a $14 million transaction, according to the complaint. The deal would allow the airline to consolidate flights at its own hub. "New York's airspace remains the most congested in the country and our airports the most delayed". Now the feds are using a Smisek quote to, in their estimation, show that United is going back on its promise made when DOJ approved the United-Continental merger in 2010-to allows fair competition at EWR. (more...)
- November 11, 2015
United had agreed to lease the Newark slots from Delta in a $14 million transaction, according to the complaint. The deal would allow the airline to consolidate flights at its own hub. "New York's airspace remains the most congested in the country and our airports the most delayed". Now the feds are using a Smisek quote to, in their estimation, show that United is going back on its promise made when DOJ approved the United-Continental merger in 2010-to allows fair competition at EWR. (more...)
Albertsons Makes A Bid To Get Stores Back In Haggen Bankruptcy
- November 11, 2015
No SW Washington stores are part of the bid. It's offering a price for stores in Washington, Oregon and Arizona. In an emailed statement, the global union office said, "While the difficult-working men and women of Haggen's have all been experiencing untold frustration and concern during these past few months, we will stand together and support one another through these difficult times". (more...)
- November 11, 2015
No SW Washington stores are part of the bid. It's offering a price for stores in Washington, Oregon and Arizona. In an emailed statement, the global union office said, "While the difficult-working men and women of Haggen's have all been experiencing untold frustration and concern during these past few months, we will stand together and support one another through these difficult times". (more...)
Lockheed Martin receives $262.8 mln contract from U.S. Air Force
- November 11, 2015
Dan Schultz has been named the president of Sikorsky, a Lockheed Martin Company. Vetr upgraded Lockheed Martin from a " hold " rating to a " buy " rating and set a $229.22 price objective on the stock in a report on Thursday, October 29th. (more...)
- November 11, 2015
Dan Schultz has been named the president of Sikorsky, a Lockheed Martin Company. Vetr upgraded Lockheed Martin from a " hold " rating to a " buy " rating and set a $229.22 price objective on the stock in a report on Thursday, October 29th. (more...)
Pro Rugby to run rugby union competition in North America
- November 11, 2015
The new competition will comprise of six teams from the north east of America, the Rocky Mountains and California. The inaugural season will run over 10 rounds until July with teams from Canada joining the franchise in 2017. "The pool players, we will select from our knowledge base". MLS, founded in 1993, signed in 2015 a major joint television contract with ESPN , Fox Sports and Univision. (more...)
- November 11, 2015
The new competition will comprise of six teams from the north east of America, the Rocky Mountains and California. The inaugural season will run over 10 rounds until July with teams from Canada joining the franchise in 2017. "The pool players, we will select from our knowledge base". MLS, founded in 1993, signed in 2015 a major joint television contract with ESPN , Fox Sports and Univision. (more...)
Are You Entitled to $581 Extra in Social Security?
- November 10, 2015
Reed explained how he's working to protect seniors in the Southern Tier. Many retirement benefits are already means-tested. Although a person can't receive Social Security disability benefits while engaging in substantial work for pay or profit, receipt of military payments should never stop someone from applying for disability benefits from Social Security. (more...)
- November 10, 2015
Reed explained how he's working to protect seniors in the Southern Tier. Many retirement benefits are already means-tested. Although a person can't receive Social Security disability benefits while engaging in substantial work for pay or profit, receipt of military payments should never stop someone from applying for disability benefits from Social Security. (more...)
DISH grows profit, subs falter
- November 10, 2015
Dish Network Corp said its pay-TV subscriber losses accelerated and reported lower-than-expected quarterly revenue , reigniting questions around what the satellite-TV provider will do with its trove of wireless airwaves. But Sling TV has not become the growth engine Ergen had hoped, and he acknowledged that the OTT service is not performing up to a technical level customers expect: "We're not there yet", Ergen said. (more...)
- November 10, 2015
Dish Network Corp said its pay-TV subscriber losses accelerated and reported lower-than-expected quarterly revenue , reigniting questions around what the satellite-TV provider will do with its trove of wireless airwaves. But Sling TV has not become the growth engine Ergen had hoped, and he acknowledged that the OTT service is not performing up to a technical level customers expect: "We're not there yet", Ergen said. (more...)
Pre-Black Friday Deals: Staples to Slash iPad Air 2 Price
- November 09, 2015
We're delivering the prices customers expect, but we've taken it up a notch. Again. Apple is not really generous when it comes to money. Best Buy isn't taking the competition lightly as it also offers the iPad mini 3 for $324.99, with about $75 off the usual Apple price of $399.99. (more...)
- November 09, 2015
We're delivering the prices customers expect, but we've taken it up a notch. Again. Apple is not really generous when it comes to money. Best Buy isn't taking the competition lightly as it also offers the iPad mini 3 for $324.99, with about $75 off the usual Apple price of $399.99. (more...)
Vetr Inc. Lowers Tesla Motors to Buy (TSLA)
- November 09, 2015
According to TipRanks , Albertine has a 54% success rate recommending stocks with a + 6.0% average return per rating. Finally, Deutsche Bank reissued a " hold " rating and issued a $280.00 target price on shares of Tesla Motors in a research report on Monday, August 3rd. (more...)
- November 09, 2015
According to TipRanks , Albertine has a 54% success rate recommending stocks with a + 6.0% average return per rating. Finally, Deutsche Bank reissued a " hold " rating and issued a $280.00 target price on shares of Tesla Motors in a research report on Monday, August 3rd. (more...)
Elvis Presley album at number 1 in UK
- November 09, 2015
Elvis beat Rod Stewart to the top spot. By introducing a particular strain of bacteria into the digestive tracts of mice with melanoma, researchers at the University of Chicago were able to boost the ability of the animal's immune systems to attack tumor cells. (more...)
- November 09, 2015
Elvis beat Rod Stewart to the top spot. By introducing a particular strain of bacteria into the digestive tracts of mice with melanoma, researchers at the University of Chicago were able to boost the ability of the animal's immune systems to attack tumor cells. (more...)
Airbus CEO suggests new A380 order may slip in 2016
- November 09, 2015
Clark, president of the world's fourth-largest carrier of worldwide traffic, said the airline could have placed another huge order for the Airbus 380 superjumbo if airport capacity allowed. Boeing said earlier this month that the Middle East region will require 3,180 planes over the next 20 years, worth $730 billion. "We do not expect it" to place major orders. (more...)
- November 09, 2015
Clark, president of the world's fourth-largest carrier of worldwide traffic, said the airline could have placed another huge order for the Airbus 380 superjumbo if airport capacity allowed. Boeing said earlier this month that the Middle East region will require 3,180 planes over the next 20 years, worth $730 billion. "We do not expect it" to place major orders. (more...)
Amazon is opening a bookstore
- November 08, 2015
Amazon's physical bookstore will still have ties to its online store, as many selections will be based on online reviews. Amazon Books will be open every day of the week except for holidays and can be found in the city's University Village . (more...)
- November 08, 2015
Amazon's physical bookstore will still have ties to its online store, as many selections will be based on online reviews. Amazon Books will be open every day of the week except for holidays and can be found in the city's University Village . (more...)
Salt Lake County Clerk Still Counting Votes in SLC Mayoral Race
- November 08, 2015
But her staff didn't have enough time to determine how many of those voted in the mayor's race. Biskupski and Becker are tangling on questions of public safety and who is the better choice to sustain Salt Lake City's booming economy and spread the benefits of gleaming, glassy downtown development to struggling corners of the city. (more...)
- November 08, 2015
But her staff didn't have enough time to determine how many of those voted in the mayor's race. Biskupski and Becker are tangling on questions of public safety and who is the better choice to sustain Salt Lake City's booming economy and spread the benefits of gleaming, glassy downtown development to struggling corners of the city. (more...)
SF Sheriff Ross Mirkarimi Loses Re-Election Bid
- November 08, 2015
There was also the issue with the drug gang leader, who managed to escape from jail. Hounded throughout his term by a horde difficulties - a domestic incident before he was sworn in, an ensuing suspension by Mayor Ed Lee and lengthy, dramatic removal proceedings, and finally the center of a nationwide immigration debate this summer - it was never a fun ride for the former District 5 supervisor. (more...)
- November 08, 2015
There was also the issue with the drug gang leader, who managed to escape from jail. Hounded throughout his term by a horde difficulties - a domestic incident before he was sworn in, an ensuing suspension by Mayor Ed Lee and lengthy, dramatic removal proceedings, and finally the center of a nationwide immigration debate this summer - it was never a fun ride for the former District 5 supervisor. (more...)
US Federal Reserve is right to raise interest rates, yet risk remains
- November 08, 2015
Unemployment declined from 5.1 percent in September and is now at its lowest point since April 2008, just a few months after the Great Recession began. Those job losses caused millions of Americans to lose their homes due to bank foreclosures when they were unable to make home-loan payments. Last month's rise in wages, which have been nearly stagnant despite a tightening labor market, lifted the year-on-year reading to 2.5 percent. (more...)
- November 08, 2015
Unemployment declined from 5.1 percent in September and is now at its lowest point since April 2008, just a few months after the Great Recession began. Those job losses caused millions of Americans to lose their homes due to bank foreclosures when they were unable to make home-loan payments. Last month's rise in wages, which have been nearly stagnant despite a tightening labor market, lifted the year-on-year reading to 2.5 percent. (more...)
Trump, Clinton Lead CNN Iowa Poll
- November 08, 2015
In a new national poll from Quinnipiac, Carson leads Clinton in a hypothetical match-up by ten points. The poll was conducted October 25-29 and surveyed 847 registered voters and has a margin of error of plus or minus 3.4 percentage points. (more...)
- November 08, 2015
In a new national poll from Quinnipiac, Carson leads Clinton in a hypothetical match-up by ten points. The poll was conducted October 25-29 and surveyed 847 registered voters and has a margin of error of plus or minus 3.4 percentage points. (more...)
Streaming deal nets Glencore $900m
- November 08, 2015
We knew that Glencore had raised $2.5 billion (£1.6 billion) from a share placing two months ago at 125p, and that scrapping the dividend this year and next had saved a further $2.4 billion. Glencore sold a share of its future silver output in a deal that includes a $900m upfront payment, as the trading and mining company works to cut its $30bn debt pile by about a third amid tumbling commodity prices. (more...)
- November 08, 2015
We knew that Glencore had raised $2.5 billion (£1.6 billion) from a share placing two months ago at 125p, and that scrapping the dividend this year and next had saved a further $2.4 billion. Glencore sold a share of its future silver output in a deal that includes a $900m upfront payment, as the trading and mining company works to cut its $30bn debt pile by about a third amid tumbling commodity prices. (more...)
USA missile test sparks UFO hysteria on social media
- November 08, 2015
U.S. Coast Guard says test was sacked by the U.S. Navy off Point Mugu. The Navy said the missile was part of a planned test flight but that it was not armed, according to CBS Los Angeles . But not to worry, US military officials said. "The tests were part of a scheduled, ongoing system evaluation test", the statement said. Such launches are conducted on a frequent, recurring basis to ensure the continued reliability of the system, Perry said, as well as to provide systems information and ... (more...)
- November 08, 2015
U.S. Coast Guard says test was sacked by the U.S. Navy off Point Mugu. The Navy said the missile was part of a planned test flight but that it was not armed, according to CBS Los Angeles . But not to worry, US military officials said. "The tests were part of a scheduled, ongoing system evaluation test", the statement said. Such launches are conducted on a frequent, recurring basis to ensure the continued reliability of the system, Perry said, as well as to provide systems information and ... (more...)
Vueling boss lined up to take helm at British Airways
- November 08, 2015
IAG has confirmed it is converting two Airbus A330 long-haul aircraft options into firm orders for Aer Lingus and the Spanish carrier Iberia. IAG, which holds a Capital Markets Day today, announced in a statement that for the 2016-2020 period, it would aim at an operating profit margin of between 12 percent and 15 percent, as compared to more than 12 percent previously. (more...)
- November 08, 2015
IAG has confirmed it is converting two Airbus A330 long-haul aircraft options into firm orders for Aer Lingus and the Spanish carrier Iberia. IAG, which holds a Capital Markets Day today, announced in a statement that for the 2016-2020 period, it would aim at an operating profit margin of between 12 percent and 15 percent, as compared to more than 12 percent previously. (more...)
Allianz net profit down as asset management, insurance hit
- November 08, 2015
Statutory premiums in Allianz's life and health insurance were down 9.7 percent compared to elevated sales in the previous-year quarter, amounting to €14.3 billion, compared with €15.9 billion in the third quarter of 2015. Allianz's asset management business largely encompasses Pimco, the world's biggest bond-fund manager, but also includes smaller peer Allianz Global Investors. (more...)
- November 08, 2015
Statutory premiums in Allianz's life and health insurance were down 9.7 percent compared to elevated sales in the previous-year quarter, amounting to €14.3 billion, compared with €15.9 billion in the third quarter of 2015. Allianz's asset management business largely encompasses Pimco, the world's biggest bond-fund manager, but also includes smaller peer Allianz Global Investors. (more...)
Pfizer, Allergan Rumor Confirmed: Mega-Merger Deal Talks Underway
- November 08, 2015
A bid for Allergan , which has a market value of $113 billion, would be Pfizer's second recent attempt to acquire a big rival, following its unsuccessful courtship previous year of Anglo-Swedish pharmaceuticals group AstraZeneca Plc . The two pharmaceutical companies are just the latest ones in the industry to start deal-making talks, which if it does go forward could mark the zenith of the megamerger trend in the industry. (more...)
- November 08, 2015
A bid for Allergan , which has a market value of $113 billion, would be Pfizer's second recent attempt to acquire a big rival, following its unsuccessful courtship previous year of Anglo-Swedish pharmaceuticals group AstraZeneca Plc . The two pharmaceutical companies are just the latest ones in the industry to start deal-making talks, which if it does go forward could mark the zenith of the megamerger trend in the industry. (more...)
Latest news
Qatari's pledge to end kafala in January