Markets
Wells Fargo board slams former CEO in scathing report after sales scandal
- April 19, 2017
During the board investigation , Stumpf was "totally cooperative", though he didn't express "regret" of his actions, according to Stuart Baskin, the Shearman & Sterling partner who led the probe. Tolstedt and other community bank leaders "were unwilling to change the sales model or recognize it as the root cause of the problem". It added that Tolstedt "resisted change to the Community Bank's sales model even when confronted with evidence that it led to low-quality sales and improper sales ... (more...)
- April 19, 2017
During the board investigation , Stumpf was "totally cooperative", though he didn't express "regret" of his actions, according to Stuart Baskin, the Shearman & Sterling partner who led the probe. Tolstedt and other community bank leaders "were unwilling to change the sales model or recognize it as the root cause of the problem". It added that Tolstedt "resisted change to the Community Bank's sales model even when confronted with evidence that it led to low-quality sales and improper sales ... (more...)
United Airlines CEO: No one will be fired in passenger ejection
- April 19, 2017
Nevertheless, Munoz insisted that the public-relations nightmare was caused by "a system failure across various areas", rather than human error. He said the airline will have more to say later this month after it finishes a review of its policies on overbooked flights. (more...)
- April 19, 2017
Nevertheless, Munoz insisted that the public-relations nightmare was caused by "a system failure across various areas", rather than human error. He said the airline will have more to say later this month after it finishes a review of its policies on overbooked flights. (more...)
Airstrikes On Syria Dealing 'Significant Blow' To U.S.-Russia Relations
- April 19, 2017
Damascus has categorically denied carrying out a chemical attack. "Here we see Assad terrorizing Syria , killing almost 1 million people and some still think condemnation is enough", he said. But Tillerson, who is expected to visit Moscow this week for talks with Russian officials, said on ABC's "This Week" program there was "no change" to the United States military posture towards Syria. (more...)
- April 19, 2017
Damascus has categorically denied carrying out a chemical attack. "Here we see Assad terrorizing Syria , killing almost 1 million people and some still think condemnation is enough", he said. But Tillerson, who is expected to visit Moscow this week for talks with Russian officials, said on ABC's "This Week" program there was "no change" to the United States military posture towards Syria. (more...)
Crude oil eases for 2nd day on rising US inventories
- April 19, 2017
The Paris-based International Energy Agency (IEA) said on Thursday that supply and demand in the global oil market were close to matching after a fall in stockpiles in developed countries in March. The group's leader, Saudi Arabia, was said to have produced 9.9 million bpd in March, more than 100,000 bpd below its monthly quota assigned under the production cut deal. (more...)
- April 19, 2017
The Paris-based International Energy Agency (IEA) said on Thursday that supply and demand in the global oil market were close to matching after a fall in stockpiles in developed countries in March. The group's leader, Saudi Arabia, was said to have produced 9.9 million bpd in March, more than 100,000 bpd below its monthly quota assigned under the production cut deal. (more...)
North Korea Shows Off Missiles During Military Parade
- April 19, 2017
Amid rising tensions, the United States has sent an aircraft carrier to waters off North Korea and has engaged in the biggest-ever joint military exercise with its South Korea allies, prompting North Korea to warn it will take the " toughest countermeasures ", to include razing USA bases in South Korea, NK News reported. (more...)
- April 19, 2017
Amid rising tensions, the United States has sent an aircraft carrier to waters off North Korea and has engaged in the biggest-ever joint military exercise with its South Korea allies, prompting North Korea to warn it will take the " toughest countermeasures ", to include razing USA bases in South Korea, NK News reported. (more...)
Pence says United States stands by ally Japan on North Korea problem
- April 19, 2017
Vice President Pence, visiting Japan on his 10-day tour of Asia, said the USA has launched bilateral talks with Tokyo in the hopes of reaching a new trade agreement. The Trump administration plans to "reform" the existing deal to level the playing field, he told the room of executives, most of whom represented US companies doing business in South Korea. (more...)
- April 19, 2017
Vice President Pence, visiting Japan on his 10-day tour of Asia, said the USA has launched bilateral talks with Tokyo in the hopes of reaching a new trade agreement. The Trump administration plans to "reform" the existing deal to level the playing field, he told the room of executives, most of whom represented US companies doing business in South Korea. (more...)
Bank of America profits jump, helped by interest rates
- April 19, 2017
Bank of America Corp (NYSE: BAC ) has risen 42.83% since September 12, 2016 and is uptrending. Delta Asset Management LLC TN raised its stake in Bank of America Corp by 1.0% in the third quarter. During the same quarter in the previous year, the company posted $0.27 EPS. Ford Motor Company (NYSE:F) is keeping the Shelby GT350 and GT350R Mustangs in its product lineup for the 2018 model year. (more...)
- April 19, 2017
Bank of America Corp (NYSE: BAC ) has risen 42.83% since September 12, 2016 and is uptrending. Delta Asset Management LLC TN raised its stake in Bank of America Corp by 1.0% in the third quarter. During the same quarter in the previous year, the company posted $0.27 EPS. Ford Motor Company (NYSE:F) is keeping the Shelby GT350 and GT350R Mustangs in its product lineup for the 2018 model year. (more...)
Bevis: Crosby promo backfires on Blue Jackets
- April 19, 2017
With Dubinsky in the box for cross-checking, Guentzel got his second goal of the game 11:48 into the third period to give the Penguins the 4-3 lead. Radulov, who got the overtime victor in Game 2 on Friday night after Tomas Plekanec tied it with 18 seconds left in regulation, has two goals and three assists in the past two games. (more...)
- April 19, 2017
With Dubinsky in the box for cross-checking, Guentzel got his second goal of the game 11:48 into the third period to give the Penguins the 4-3 lead. Radulov, who got the overtime victor in Game 2 on Friday night after Tomas Plekanec tied it with 18 seconds left in regulation, has two goals and three assists in the past two games. (more...)
United bars employees from taking passengers' seats
- April 19, 2017
To make matters worse, United issued a statement two days later, after a video of the incident had gone viral, that's a masterclass in passive-aggressive corporate buck-passing, attached to a report that called Dao "belligerent". At some point, he went limp, and the officer dragged him off the plane. One week after becoming the subject of furious global scrutiny and condemnation, following the video of Dr. (more...)
- April 19, 2017
To make matters worse, United issued a statement two days later, after a video of the incident had gone viral, that's a masterclass in passive-aggressive corporate buck-passing, attached to a report that called Dao "belligerent". At some point, he went limp, and the officer dragged him off the plane. One week after becoming the subject of furious global scrutiny and condemnation, following the video of Dr. (more...)
80% of Americans Want to See the President's Taxes
- April 19, 2017
As 74 percent of the America public wants to see the president release his returns, something every presidential candidate since the 1970's has been expected to reveal , Democratic lawmakers have ramped up their demands that Trump unveil his tax returns. (more...)
- April 19, 2017
As 74 percent of the America public wants to see the president release his returns, something every presidential candidate since the 1970's has been expected to reveal , Democratic lawmakers have ramped up their demands that Trump unveil his tax returns. (more...)
QI & Technicals in View For Potash Corporation of Saskatchewan Inc. (TSX:POT)
- April 19, 2017
A number of other hedge funds have also made changes to their positions in POT. Quotient Technology Inc. (QUOT) surprised the stock market in its last reported earnings when it earned $0.05 a piece versus the consensus-estimated $0.02. of Saskatchewan will post $0.52 earnings per share for the current fiscal year. 3 Months Ago, the stock has been recommended as Buy from 4 and 2 suggested Sell for the stock. (more...)
- April 19, 2017
A number of other hedge funds have also made changes to their positions in POT. Quotient Technology Inc. (QUOT) surprised the stock market in its last reported earnings when it earned $0.05 a piece versus the consensus-estimated $0.02. of Saskatchewan will post $0.52 earnings per share for the current fiscal year. 3 Months Ago, the stock has been recommended as Buy from 4 and 2 suggested Sell for the stock. (more...)
Nigeria says capital airport reopens after runway repairs
- April 19, 2017
The airport was shut for six weeks to enable the contractor fix its failed runway with Abuja-bound air traffic diverted to Kaduna during the period. The federal government had announced that the airport would be reopened for normal operations on April 19. (more...)
- April 19, 2017
The airport was shut for six weeks to enable the contractor fix its failed runway with Abuja-bound air traffic diverted to Kaduna during the period. The federal government had announced that the airport would be reopened for normal operations on April 19. (more...)
General election needed to stop opposition parties 'frustrating' Brexit - May
- April 19, 2017
Voting intentions have been running in May's favor since she became prime minister last summer, but it's only in the past few weeks that the extent of Labour Party leader Jeremy Corbyn's weakness has become clear. "This election presents an opportunity for her to set her own agenda for government and amass enough support to push through the Great Repeal Bill - the first stage in ending the application of European Union law in Britain". (more...)
- April 19, 2017
Voting intentions have been running in May's favor since she became prime minister last summer, but it's only in the past few weeks that the extent of Labour Party leader Jeremy Corbyn's weakness has become clear. "This election presents an opportunity for her to set her own agenda for government and amass enough support to push through the Great Repeal Bill - the first stage in ending the application of European Union law in Britain". (more...)
Mallya arrested in United Kingdom, released later on bail
- April 19, 2017
India's Hindustan Times newspaper claims that the 61-year-old was bailed on a £650,000 bond "within hours". Mumbai: Industrialist Vijay Mallya, founder of now defunct Kingfisher Airlines, has been living in a self-imposed exile in the United Kingdom since he left India on March 2 a year ago using a diplomatic passport. (more...)
- April 19, 2017
India's Hindustan Times newspaper claims that the 61-year-old was bailed on a £650,000 bond "within hours". Mumbai: Industrialist Vijay Mallya, founder of now defunct Kingfisher Airlines, has been living in a self-imposed exile in the United Kingdom since he left India on March 2 a year ago using a diplomatic passport. (more...)
Pentagon Might Try to Shoot Down Pyongyang's Next Missile Test
- April 19, 2017
Former defense officials like Abraham Denmark believe that neutralizing test missiles would lead to an escalation that could possibly be deeply impactful for South Korea and Japan, two U.S. Defense Secretary Jim Mattis says as he makes his first trip in the role to Saudi Arabia. U.S. Neither Pyongyang nor the US have expressed an interest in talks. (more...)
- April 19, 2017
Former defense officials like Abraham Denmark believe that neutralizing test missiles would lead to an escalation that could possibly be deeply impactful for South Korea and Japan, two U.S. Defense Secretary Jim Mattis says as he makes his first trip in the role to Saudi Arabia. U.S. Neither Pyongyang nor the US have expressed an interest in talks. (more...)
Amazon launches Fire TV Stick in India
- April 19, 2017
Non-Prime members, however, on buying the stick will get 1-year Prime membership including the video services and expedited delivery. Like the latter, the former plugs into a TV's HDMI port and streams content over Wi-Fi. Incidentally, the U.S. version also has apps such as iHeart Radio, Spotify, Pandora, Domino's Pizza and Uber, but we'll have to wait and see how many of those make it to India. (more...)
- April 19, 2017
Non-Prime members, however, on buying the stick will get 1-year Prime membership including the video services and expedited delivery. Like the latter, the former plugs into a TV's HDMI port and streams content over Wi-Fi. Incidentally, the U.S. version also has apps such as iHeart Radio, Spotify, Pandora, Domino's Pizza and Uber, but we'll have to wait and see how many of those make it to India. (more...)
GNC Holdings (GNC) Q1 Earnings & Revenues Top, Decline Y/Y
- April 19, 2017
Market Capitalization can be thought of as the overall price to buy the company. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The company's revenue for the quarter was down 7.8% compared to the same quarter a year ago. Wall Street estimates for 5.27 million- a fact which the company attributed to its decision to move the next season of hit show "House of Cards" from Q1 to Q2. (more...)
- April 19, 2017
Market Capitalization can be thought of as the overall price to buy the company. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The company's revenue for the quarter was down 7.8% compared to the same quarter a year ago. Wall Street estimates for 5.27 million- a fact which the company attributed to its decision to move the next season of hit show "House of Cards" from Q1 to Q2. (more...)
CVS' MinuteClinic teams with VA to expand health care access for veterans
- April 19, 2017
It allows ailing veterans at the Phoenix VA to go to one of 24 "MinuteClinics" operated by CVS for treatment of minor illnesses and injuries. The program in the Phoenix, Arizona area will allow veterans to use the pharmacy in order to reduce wait times at the VA, the Associated Press reported on Tuesday. (more...)
- April 19, 2017
It allows ailing veterans at the Phoenix VA to go to one of 24 "MinuteClinics" operated by CVS for treatment of minor illnesses and injuries. The program in the Phoenix, Arizona area will allow veterans to use the pharmacy in order to reduce wait times at the VA, the Associated Press reported on Tuesday. (more...)
Tile Shop Holdings, Inc
- April 19, 2017
BlackRock Fund Advisors increased its position in Tile Shop Holdings by 110.2% in the third quarter. It offers floor, wall, natural stone, ceramic, porcelain, glass, and metal tile products; tile patterns; basins; fixtures; listellos/borders; and profiles. (more...)
- April 19, 2017
BlackRock Fund Advisors increased its position in Tile Shop Holdings by 110.2% in the third quarter. It offers floor, wall, natural stone, ceramic, porcelain, glass, and metal tile products; tile patterns; basins; fixtures; listellos/borders; and profiles. (more...)
The Wells Fargo & Company (WFC) Shares Bought by MEMBERS Trust Co
- April 19, 2017
The stock was purchased at an average price of $51.65 per share, with a total value of $2,014,350.00. Wells Fargo 's CEO Timothy Sloan scooped up almost 40,000 shares in the bank valued at $2 million, according to a filing with the Securities and Exchange Commission. (more...)
- April 19, 2017
The stock was purchased at an average price of $51.65 per share, with a total value of $2,014,350.00. Wells Fargo 's CEO Timothy Sloan scooped up almost 40,000 shares in the bank valued at $2 million, according to a filing with the Securities and Exchange Commission. (more...)
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