Markets
Couple kicked off United flight on way to wedding
- April 18, 2017
The Airline Passenger Protection Act, sponsored by Republican state Representative Peter Breen, came after Dr. David Dao, 69, was pulled from a United flight at Chicago's O'Hare International Airport to make space for four crew members. However, after they sat down in their economy seats, the couple said they were approached by a U.S. Marshall who told them to get off the flight. But according to United, the couple's story is not true as there were no federal marshals involved in the incident. (more...)
- April 18, 2017
The Airline Passenger Protection Act, sponsored by Republican state Representative Peter Breen, came after Dr. David Dao, 69, was pulled from a United flight at Chicago's O'Hare International Airport to make space for four crew members. However, after they sat down in their economy seats, the couple said they were approached by a U.S. Marshall who told them to get off the flight. But according to United, the couple's story is not true as there were no federal marshals involved in the incident. (more...)
Boeing to cut hundreds of jobs in US
- April 18, 2017
Boeing Co warned employees on Monday it planned another round of involuntary layoffs that would affect engineers at its commercial airplanes unit. "We anticipate [Friday's notices] will impact hundreds of engineering employees". Despite cutting a total of 7,400 jobs past year, Boeing Vice Chairman Ray Conner and the new chief executive of Boeing Commercial Airplanes, Kevin McAllister, warned of more cuts in 2017 due to "fewer sales opportunities and tough competition". (more...)
- April 18, 2017
Boeing Co warned employees on Monday it planned another round of involuntary layoffs that would affect engineers at its commercial airplanes unit. "We anticipate [Friday's notices] will impact hundreds of engineering employees". Despite cutting a total of 7,400 jobs past year, Boeing Vice Chairman Ray Conner and the new chief executive of Boeing Commercial Airplanes, Kevin McAllister, warned of more cuts in 2017 due to "fewer sales opportunities and tough competition". (more...)
Highbridge Capital Management LLC Has $292000 Position in Incyte Co. (INCY)
- April 18, 2017
Asymmetry Capital Management L.P. boosted its stake in Incyte by 46.6% in the third quarter. Hedge funds and other institutional investors own 92.62% of the company's stock. Rock Springs Capital Management Lp has invested 1.13% of its portfolio in Incyte Corporation (NASDAQ: INCY ). Finally, BMO Capital Markets reiterated a "buy" rating and issued a $135.00 target price (up previously from $122.00) on shares of Incyte Corporation in a report on Tuesday, January 10th. (more...)
- April 18, 2017
Asymmetry Capital Management L.P. boosted its stake in Incyte by 46.6% in the third quarter. Hedge funds and other institutional investors own 92.62% of the company's stock. Rock Springs Capital Management Lp has invested 1.13% of its portfolio in Incyte Corporation (NASDAQ: INCY ). Finally, BMO Capital Markets reiterated a "buy" rating and issued a $135.00 target price (up previously from $122.00) on shares of Incyte Corporation in a report on Tuesday, January 10th. (more...)
Goldman Sachs' profits miss forecasts as trading struggled
- April 18, 2017
Shares of Goldman were down 3 percent in premarket trading. The sluggish growth plagued a period that had seemed specially created to boost Goldman Sachs' profit: Donald Trump had come into office, the White House was stacked with at least half a dozen Goldman alumni, the Federal Reserve was hiking interest rates, and bankers sold the "Trump Trade" to willing investors who were finally ready to buy again. (more...)
- April 18, 2017
Shares of Goldman were down 3 percent in premarket trading. The sluggish growth plagued a period that had seemed specially created to boost Goldman Sachs' profit: Donald Trump had come into office, the White House was stacked with at least half a dozen Goldman alumni, the Federal Reserve was hiking interest rates, and bankers sold the "Trump Trade" to willing investors who were finally ready to buy again. (more...)
J&J's quarterly sales rise 1.6 percent
- April 18, 2017
The healthcare industry is in constant flux, but Johnson & Johnson (NYSE:JNJ) aims to be a blue-chip stalwart for investors in the space to get wide-ranging exposure throughout the sector. Sales increased 1.6% from the year-ago quarter, reflecting an operational increase of 2% and a negative currency impact of 0.4%. Net earnings in the quarter were US$4.42 billion, or US$1.61 per share, compared with US$4.46 billion, or US$1.59 per share, in the year-earlier period. (more...)
- April 18, 2017
The healthcare industry is in constant flux, but Johnson & Johnson (NYSE:JNJ) aims to be a blue-chip stalwart for investors in the space to get wide-ranging exposure throughout the sector. Sales increased 1.6% from the year-ago quarter, reflecting an operational increase of 2% and a negative currency impact of 0.4%. Net earnings in the quarter were US$4.42 billion, or US$1.61 per share, compared with US$4.46 billion, or US$1.59 per share, in the year-earlier period. (more...)
Snyder's-Lance Inc (LNCE) Downgraded by SunTrust Banks, Inc
- April 18, 2017
Among 17 analysts covering Centurylink Inc. Therefore 25% are positive. Cummins had 56 analyst reports since July 22, 2015 according to SRatingsIntel. Snyder's-Lance Inc (NASDAQ: LNCE ) stock was down on Monday following the release of its preliminary earnings for its first fiscal quarter of 2017. (more...)
- April 18, 2017
Among 17 analysts covering Centurylink Inc. Therefore 25% are positive. Cummins had 56 analyst reports since July 22, 2015 according to SRatingsIntel. Snyder's-Lance Inc (NASDAQ: LNCE ) stock was down on Monday following the release of its preliminary earnings for its first fiscal quarter of 2017. (more...)
United issues refunds to all passengers aboard flight
- April 18, 2017
Munoz, who leads United's parent company, apologized again to Dao, his family and the other passengers who witnessed him being taken off the flight. " This will never happen again ", Munoz said. The video also revealed that Dr Dao stood firm despite threats of violence. However, after the video first emerged, Munoz had described Dao as "disruptive and belligerent" before changing his tune on Tuesday and issuing the apology. (more...)
- April 18, 2017
Munoz, who leads United's parent company, apologized again to Dao, his family and the other passengers who witnessed him being taken off the flight. " This will never happen again ", Munoz said. The video also revealed that Dr Dao stood firm despite threats of violence. However, after the video first emerged, Munoz had described Dao as "disruptive and belligerent" before changing his tune on Tuesday and issuing the apology. (more...)
United Airlines: Doctor dragged off Flight 3411 speaks out after the incident
- April 18, 2017
The man whose removal from an overbooked United Airlines flight caused outrage has launched legal action. The CEO of United Airlines, Oscar Munoz issued a statement apologising to Dr Dao for his treatment. Munoz vowed this "will never happen again on a United flight" and that law enforcement won't be involved in future. Ironically, mere weeks prior to the plane incident, Munoz was being feted as a wonderful communicator by PRWeek, one of the biggest communications publications in the ... (more...)
- April 18, 2017
The man whose removal from an overbooked United Airlines flight caused outrage has launched legal action. The CEO of United Airlines, Oscar Munoz issued a statement apologising to Dr Dao for his treatment. Munoz vowed this "will never happen again on a United flight" and that law enforcement won't be involved in future. Ironically, mere weeks prior to the plane incident, Munoz was being feted as a wonderful communicator by PRWeek, one of the biggest communications publications in the ... (more...)
Pence stresses 'era of strategic patience' over as he visits Korean DMZ
- April 18, 2017
Gen. H. R. McMaster told ABC News' Martha Raddatz in an interview on "This Week". Tensions between Pyongyang and Washington have soared in recent weeks, as a series of North Korean missile tests have wrought ever-more bellicose warnings from Donald Trump's administration. (more...)
- April 18, 2017
Gen. H. R. McMaster told ABC News' Martha Raddatz in an interview on "This Week". Tensions between Pyongyang and Washington have soared in recent weeks, as a series of North Korean missile tests have wrought ever-more bellicose warnings from Donald Trump's administration. (more...)
IMF foresees global economy accelerating to 3.5 pct
- April 18, 2017
The IMF upgraded its forecast for the global economic growth by 0.1 percentage points on Tuesday to 3.5%. It was a rare upward revision to the growth forecast - the first in two years - which has been consistently disappointing. "The expected growth improvements in 2017 and 2018 are broadly based, although growth remains tepid in many advanced economies, and commodity exporters continue to struggle", the International Monetary Fund says in a report released Tuesday. (more...)
- April 18, 2017
The IMF upgraded its forecast for the global economic growth by 0.1 percentage points on Tuesday to 3.5%. It was a rare upward revision to the growth forecast - the first in two years - which has been consistently disappointing. "The expected growth improvements in 2017 and 2018 are broadly based, although growth remains tepid in many advanced economies, and commodity exporters continue to struggle", the International Monetary Fund says in a report released Tuesday. (more...)
Responders stop North Slope oil leak
- April 18, 2017
The upper leak was the one leaking crude oil and hazardous natural gas, but a safety valve activated and shut that leak off. BP reported the leak and formed a "unified command", which included responders from Alaska's Department of Environmental Conservation, the U.S. (more...)
- April 18, 2017
The upper leak was the one leaking crude oil and hazardous natural gas, but a safety valve activated and shut that leak off. BP reported the leak and formed a "unified command", which included responders from Alaska's Department of Environmental Conservation, the U.S. (more...)
Automatic Filing Extension for Some Taxpayers
- April 18, 2017
The best thing you can do if you know you are going to miss the deadline? Note the important distinction: an extension to file does not mean an extension to pay. Generally people who miss the deadline either ran out of time or didn't have the money, Kurlowicz said. Best part - the entire process to file a return takes an average of 45 minutes. (more...)
- April 18, 2017
The best thing you can do if you know you are going to miss the deadline? Note the important distinction: an extension to file does not mean an extension to pay. Generally people who miss the deadline either ran out of time or didn't have the money, Kurlowicz said. Best part - the entire process to file a return takes an average of 45 minutes. (more...)
India's monsoon rains seen at average levels in 2017
- April 18, 2017
Whereas in the second outlook also it predicted above-normal monsoon, but the actual rainfall was around 97% of the 50-year average. Monsoon 2017 will be qualitatively 96 percent of long-period average (LPA), with a model error of plus or minus 5 per cent, IMD said. (more...)
- April 18, 2017
Whereas in the second outlook also it predicted above-normal monsoon, but the actual rainfall was around 97% of the 50-year average. Monsoon 2017 will be qualitatively 96 percent of long-period average (LPA), with a model error of plus or minus 5 per cent, IMD said. (more...)
Joe Johnson Buzzer-Beater Earns Jazz Game 1 Victory
- April 18, 2017
What if you run the clock down and Paul misses the shot? Things are never that straightforward, however, for the Clippers. LA has been building to this pressure-packed moment for years-its last stand before Chris Paul , Blake Griffin and J.J. (more...)
- April 18, 2017
What if you run the clock down and Paul misses the shot? Things are never that straightforward, however, for the Clippers. LA has been building to this pressure-packed moment for years-its last stand before Chris Paul , Blake Griffin and J.J. (more...)
Goldman Sachs, Bank of America Report Q1 Earnings
- April 18, 2017
JPMorgan Chase, Citigroup and Bank of America's trading divisions all reported increases in trading last quarter. Shares of Goldman Sachs sank 3 percent in pre-market trading to $219.99. Morgan Stanley MS.N , Goldman's traditional rival, reports earnings on Wednesday. In a statement , Goldman Sachs Chairman and CEO Lloyd Blankfein called the quarter "mixed" and that client activity was "challenged". (more...)
- April 18, 2017
JPMorgan Chase, Citigroup and Bank of America's trading divisions all reported increases in trading last quarter. Shares of Goldman Sachs sank 3 percent in pre-market trading to $219.99. Morgan Stanley MS.N , Goldman's traditional rival, reports earnings on Wednesday. In a statement , Goldman Sachs Chairman and CEO Lloyd Blankfein called the quarter "mixed" and that client activity was "challenged". (more...)
Natural Gas Leaking From BP Well in Alaska's Prudhoe Bay
- April 18, 2017
Responders on Saturday night were able to enter the well house and connect hoses to valves. Alaska Department of Environmental Conservation spokeswoman Candice Bressler says the well operated by BP Exploration Alaska Inc., a subsidiary of BP, was successfully controlled overnight. (more...)
- April 18, 2017
Responders on Saturday night were able to enter the well house and connect hoses to valves. Alaska Department of Environmental Conservation spokeswoman Candice Bressler says the well operated by BP Exploration Alaska Inc., a subsidiary of BP, was successfully controlled overnight. (more...)
Amidst Sexual Harassment Scandal, Bill O'Reilly Announces He's Taking a Vacation
- April 18, 2017
The Fox News chairman was given a massive payout a year ago to leave the network after those allegations - all of which he has denied. His father, Rupert, and older brother, Lachlan, also reportedly back O'Reilly and want him to remain on the network. (more...)
- April 18, 2017
The Fox News chairman was given a massive payout a year ago to leave the network after those allegations - all of which he has denied. His father, Rupert, and older brother, Lachlan, also reportedly back O'Reilly and want him to remain on the network. (more...)
Netflix on the verge of hitting 100 million subscribers
- April 18, 2017
The service grew by 5 million subscribers during the first three months of 2017, and is to finish the year with 100 million customers in 190 countries. Hastings saw Netflix and rival Amazon Prime Video as competing more with people's limited viewing time than they are with one another. By comparison, Google says about 1 billion hours of video per day are watched on its mostly free YouTube service. (more...)
- April 18, 2017
The service grew by 5 million subscribers during the first three months of 2017, and is to finish the year with 100 million customers in 190 countries. Hastings saw Netflix and rival Amazon Prime Video as competing more with people's limited viewing time than they are with one another. By comparison, Google says about 1 billion hours of video per day are watched on its mostly free YouTube service. (more...)
North Korea threatens new missile tests
- April 18, 2017
The announcement comes just a day after North Korea test-fired four ballistic missiles into the Sea of Japan, also known as the East Sea. North Korea's Vice Foreign Minister Han Song-Ryol told the BBC that missiles would be tested on "a weekly, monthly and yearly basis". (more...)
- April 18, 2017
The announcement comes just a day after North Korea test-fired four ballistic missiles into the Sea of Japan, also known as the East Sea. North Korea's Vice Foreign Minister Han Song-Ryol told the BBC that missiles would be tested on "a weekly, monthly and yearly basis". (more...)
Kevin Love's huge impact swings game to Cavs -- Terry Pluto
- April 18, 2017
After squeaking out the opener by a point, LeBron James and Co. showed more intensity on defense, more swagger in general and won their 10th straight first-round game over the past three seasons. "But when things don't go your way and adversity hits, how can you get back to the point that nobody thinks you can get back to?" "I addressed it after the game", Lue said. (more...)
- April 18, 2017
After squeaking out the opener by a point, LeBron James and Co. showed more intensity on defense, more swagger in general and won their 10th straight first-round game over the past three seasons. "But when things don't go your way and adversity hits, how can you get back to the point that nobody thinks you can get back to?" "I addressed it after the game", Lue said. (more...)
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