Markets
DCP Midstream Partners LP
- August 15, 2017
Blackrock Advisors Llc acquired 147,230 shares as Eqt Midstream Partners Lp ( EQM)'s stock declined 9.60%. LLC now owns 769,708 shares of the pipeline company's stock valued at $54,857,000 after buying an additional 130,295 shares during the last quarter. (more...)
- August 15, 2017
Blackrock Advisors Llc acquired 147,230 shares as Eqt Midstream Partners Lp ( EQM)'s stock declined 9.60%. LLC now owns 769,708 shares of the pipeline company's stock valued at $54,857,000 after buying an additional 130,295 shares during the last quarter. (more...)
Buffett's Berkshire Sheds GE, Adds Synchrony
- August 15, 2017
Buffett's financial moves are closely watched by Wall Street. In addition to a roughly 17 million share stake in GE spinoff Synchrony Financial, an investment valued at almost $521 million at the end of the quarter, Mr. GE has been hurt by weakness in its oil and gas business. The same is true for sales of Wells Fargo, with 11.7 million shares sold for an estimated $650 million (bringing the firm's ownership stake below the 10% threshold required by the Federal Reserve), as well as ... (more...)
- August 15, 2017
Buffett's financial moves are closely watched by Wall Street. In addition to a roughly 17 million share stake in GE spinoff Synchrony Financial, an investment valued at almost $521 million at the end of the quarter, Mr. GE has been hurt by weakness in its oil and gas business. The same is true for sales of Wells Fargo, with 11.7 million shares sold for an estimated $650 million (bringing the firm's ownership stake below the 10% threshold required by the Federal Reserve), as well as ... (more...)
Costco Must Pay Over $19 Million for Selling Knock-Off Tiffany Rings
- August 15, 2017
Finally, Costco is barred from using the stand-alone word "Tiffany" to describe any products that aren't connected to the famous jewelry brand. Tiffany & Co. By now, as Forbes wrote, "the term "Tiffany setting" has reached Kleenex status - it's now used colloquially throughout the jewelry industry to describe any multi-pronged solitaire setting, Tiffany or no". (more...)
- August 15, 2017
Finally, Costco is barred from using the stand-alone word "Tiffany" to describe any products that aren't connected to the famous jewelry brand. Tiffany & Co. By now, as Forbes wrote, "the term "Tiffany setting" has reached Kleenex status - it's now used colloquially throughout the jewelry industry to describe any multi-pronged solitaire setting, Tiffany or no". (more...)
Uber settles FTC suit over privacy violations
- August 15, 2017
The FTC also investigated a massive data breach in May 2014 in which more than 100,000 names and license numbers of Uber drivers were stolen. "This case shows that, even if you're a fast-growing company, you can't leave consumers behind: you must honor your privacy and security promises", said FTC Acting Chairman Maureen Ohlhausen. (more...)
- August 15, 2017
The FTC also investigated a massive data breach in May 2014 in which more than 100,000 names and license numbers of Uber drivers were stolen. "This case shows that, even if you're a fast-growing company, you can't leave consumers behind: you must honor your privacy and security promises", said FTC Acting Chairman Maureen Ohlhausen. (more...)
Gold inches lower as North Korea tensions ease
- August 15, 2017
Markets are now pricing in a very slim chance of the escalation of war between the United States and North Korea . Helped as well by a weaker yen, Japan's Nikkei stock index finished up 1.1 percent, a day after skidding 1 percent to a 3-1/2-month low. (more...)
- August 15, 2017
Markets are now pricing in a very slim chance of the escalation of war between the United States and North Korea . Helped as well by a weaker yen, Japan's Nikkei stock index finished up 1.1 percent, a day after skidding 1 percent to a 3-1/2-month low. (more...)
North Korea tensions continue to weigh on global stocks
- August 15, 2017
The Dow Jones Industrial Average rose 135.39 points, or 0.62 per cent, to close at 21,993.71, while the S&P 500 gained 24.52 points, or 1.00 per cent, to 2,465.84, just the third day this year where the S&P 500 posted at least a 1 per cent gain. (more...)
- August 15, 2017
The Dow Jones Industrial Average rose 135.39 points, or 0.62 per cent, to close at 21,993.71, while the S&P 500 gained 24.52 points, or 1.00 per cent, to 2,465.84, just the third day this year where the S&P 500 posted at least a 1 per cent gain. (more...)
Etihad Airways says can not bail out Air Berlin
- August 15, 2017
The German government is providing the carrier with a €150 million bridge loan whose flights will continue while insolvency proceedings are underway. That should also allow all 7,200 employees to keep their jobs while executives try to restructure or sell the company. (more...)
- August 15, 2017
The German government is providing the carrier with a €150 million bridge loan whose flights will continue while insolvency proceedings are underway. That should also allow all 7,200 employees to keep their jobs while executives try to restructure or sell the company. (more...)
Gates Makes Massive Microsoft Corporation (MSFT) Donation
- August 15, 2017
According to data on June 6, the 61-year-old billionaire has donated Dollars 4.6 billion of its shares. As usual, the recipient of this donation will likely be Bill & Melinda Gates Foundation. Mr Gates probably has directed more than 700 million shares of Microsoft into the foundation, adjusting for stock splits, and he would be about $50 billion richer today had he kept them. (more...)
- August 15, 2017
According to data on June 6, the 61-year-old billionaire has donated Dollars 4.6 billion of its shares. As usual, the recipient of this donation will likely be Bill & Melinda Gates Foundation. Mr Gates probably has directed more than 700 million shares of Microsoft into the foundation, adjusting for stock splits, and he would be about $50 billion richer today had he kept them. (more...)
Bill Gates makes some big moves, donating $4.6 billion and joining Instagram
- August 15, 2017
Bill Gates made his largest single gift since the turn of the century, giving away Microsoft Corp shares that accounted for 5% of his fortune, the world's biggest. Since 1994 Mr Gates, 61, and his wife Melinda have given away a total of $35bn in cash and stocks to a range of charitable causes. Bloomberg said Gates' most recent donation of Microsoft shares was his largest such donation since 2000. (more...)
- August 15, 2017
Bill Gates made his largest single gift since the turn of the century, giving away Microsoft Corp shares that accounted for 5% of his fortune, the world's biggest. Since 1994 Mr Gates, 61, and his wife Melinda have given away a total of $35bn in cash and stocks to a range of charitable causes. Bloomberg said Gates' most recent donation of Microsoft shares was his largest such donation since 2000. (more...)
Amazon targets the convenient store with new Instant Pickup locations
- August 15, 2017
Amazon employees in a back room then load orders into lockers within two minutes, and customers receive bar codes to access them. Instant Pickup items are placed in lockers. Amazon now operates a total of 22 staffed pickup locations on or near college campuses across the country. The Amazon app generates a barcode for Instant Pickup items. (more...)
- August 15, 2017
Amazon employees in a back room then load orders into lockers within two minutes, and customers receive bar codes to access them. Instant Pickup items are placed in lockers. Amazon now operates a total of 22 staffed pickup locations on or near college campuses across the country. The Amazon app generates a barcode for Instant Pickup items. (more...)
US July retail sales volumes jump past forecasts
- August 15, 2017
Retail sales rose 1.2% in June from May in seasonally adjusted terms and advanced 3% from June 2016, the Brazilian Institute of Geography and Statistics, or IBGE, said Tuesday. Brazil's retail sales grew at a brisk clip in June despite a deepening political crisis, suggesting a stronger-than-expected finish to the second quarter by the country's battered economy. (more...)
- August 15, 2017
Retail sales rose 1.2% in June from May in seasonally adjusted terms and advanced 3% from June 2016, the Brazilian Institute of Geography and Statistics, or IBGE, said Tuesday. Brazil's retail sales grew at a brisk clip in June despite a deepening political crisis, suggesting a stronger-than-expected finish to the second quarter by the country's battered economy. (more...)
US July retail sales volumes jump past forecasts
- August 15, 2017
Retail sales rose 1.2% in June from May in seasonally adjusted terms and advanced 3% from June 2016, the Brazilian Institute of Geography and Statistics, or IBGE, said Tuesday. Brazil's retail sales grew at a brisk clip in June despite a deepening political crisis, suggesting a stronger-than-expected finish to the second quarter by the country's battered economy. (more...)
- August 15, 2017
Retail sales rose 1.2% in June from May in seasonally adjusted terms and advanced 3% from June 2016, the Brazilian Institute of Geography and Statistics, or IBGE, said Tuesday. Brazil's retail sales grew at a brisk clip in June despite a deepening political crisis, suggesting a stronger-than-expected finish to the second quarter by the country's battered economy. (more...)
Home Depot Beats And Raises - Again
- August 15, 2017
Jefferies Group LLC reiterated a buy rating and set a $182.00 price target on shares of Home Depot in a report on Friday, June 23rd. Zacks Investment Research raised shares of Home Depot from a "hold" rating to a "buy" rating and set a $170.00 target price for the company in a research report on Tuesday, April 25th. (more...)
- August 15, 2017
Jefferies Group LLC reiterated a buy rating and set a $182.00 price target on shares of Home Depot in a report on Friday, June 23rd. Zacks Investment Research raised shares of Home Depot from a "hold" rating to a "buy" rating and set a $170.00 target price for the company in a research report on Tuesday, April 25th. (more...)
United States stocks snap 3-day losing streak in roller coaster week
- August 15, 2017
Wall Street closed sharply lower after US President Donald Trump issued a new round of fiery rhetoric, warning Pyongyang against attacking Guam or US allies after it disclosed plans to fire missiles over Japan to land near the US Pacific territory. (more...)
- August 15, 2017
Wall Street closed sharply lower after US President Donald Trump issued a new round of fiery rhetoric, warning Pyongyang against attacking Guam or US allies after it disclosed plans to fire missiles over Japan to land near the US Pacific territory. (more...)
Israeli billionaire Steinmetz detained in intl. fraud, forgery & money laundering probe
- August 15, 2017
Bezeq said Granot had been detained but the issue was not related to a probe by the securities regulator into Bezeq's controlling shareholder, Shaul Elovitch. Steinmetz, who made billions as a diamond and mining magnate, was arrested on December 19 and accused of paying millions of dollars in bribes in the Republic of Guinea in exchange for advancing his business interests in the country. (more...)
- August 15, 2017
Bezeq said Granot had been detained but the issue was not related to a probe by the securities regulator into Bezeq's controlling shareholder, Shaul Elovitch. Steinmetz, who made billions as a diamond and mining magnate, was arrested on December 19 and accused of paying millions of dollars in bribes in the Republic of Guinea in exchange for advancing his business interests in the country. (more...)
Abe, Trump agree on global effort to prevent N. Korea launch
- August 15, 2017
On Tuesday Abe said, "We will contribute to world peace and prosperity by sincerely tackling various challenges, including the issue of poverty, which could become a hotbed of conflicts". This year's anniversary comes amid an escalation in threats between North Korea and the United States, with Pyongyang last week announcing plans to launch missiles at the U.S. (more...)
- August 15, 2017
On Tuesday Abe said, "We will contribute to world peace and prosperity by sincerely tackling various challenges, including the issue of poverty, which could become a hotbed of conflicts". This year's anniversary comes amid an escalation in threats between North Korea and the United States, with Pyongyang last week announcing plans to launch missiles at the U.S. (more...)
MagnaChip Semiconductor Corporation (MX) Receiving Somewhat Positive News Coverage, Study Finds
- August 15, 2017
OppenheimerFunds Inc. now owns 120,676 shares of the semiconductor company's stock valued at $835,000 after buying an additional 2,295 shares during the period. ILLEGAL ACTIVITY NOTICE: This report was reported by Week Herald and is the property of of Week Herald. If you are accessing this article on another publication, it was copied illegally and reposted in violation of USA and global copyright & trademark laws. (more...)
- August 15, 2017
OppenheimerFunds Inc. now owns 120,676 shares of the semiconductor company's stock valued at $835,000 after buying an additional 2,295 shares during the period. ILLEGAL ACTIVITY NOTICE: This report was reported by Week Herald and is the property of of Week Herald. If you are accessing this article on another publication, it was copied illegally and reposted in violation of USA and global copyright & trademark laws. (more...)
AAA Michigan: Statewide average gas prices rise 7 cents
- August 15, 2017
The national average has increased 10 cents during the past month and is 22 cents higher than one year ago. "Prices at the pump continue a slow, upward climb as the summer season draws to a close", said AAA Kansas' Steward. Averages ranged from $2.11 a gallon on the low end to up to $2.19 a gallon at two locations. States with the largest weekly increase in average prices versus a week ago: Idaho (+8 cents), Wyoming (+4 cents), Utah (+4 cents), MI (+3 cents), Arizona (+2 cents), OR (+2 ... (more...)
- August 15, 2017
The national average has increased 10 cents during the past month and is 22 cents higher than one year ago. "Prices at the pump continue a slow, upward climb as the summer season draws to a close", said AAA Kansas' Steward. Averages ranged from $2.11 a gallon on the low end to up to $2.19 a gallon at two locations. States with the largest weekly increase in average prices versus a week ago: Idaho (+8 cents), Wyoming (+4 cents), Utah (+4 cents), MI (+3 cents), Arizona (+2 cents), OR (+2 ... (more...)
Wall Street lower as investors weigh rising North Korea tensions
- August 15, 2017
The Dow Jones industrial average fell 204.69 points to close at 21,844.01, with Goldman Sachs contributing the most losses. The Nasdaq composite lost 76 points, or 1.2 percent, to 6,275. U.S. Defense Secretary Jim Mattis told Pyongyang it should stop any actions that would lead to the "end of its regime and the destruction of its people". (more...)
- August 15, 2017
The Dow Jones industrial average fell 204.69 points to close at 21,844.01, with Goldman Sachs contributing the most losses. The Nasdaq composite lost 76 points, or 1.2 percent, to 6,275. U.S. Defense Secretary Jim Mattis told Pyongyang it should stop any actions that would lead to the "end of its regime and the destruction of its people". (more...)
Google Pays Apple Billions To Remain The Default iOS Search Engine
- August 15, 2017
In fact, as reported by the CNBC news page, Tuesday, August 15, 2017, the Silicon Valley giant is willing to pay U.S. $ 3 billion for Google search to be the default search engine on the iPhone and iPad. Bernstein also notes that the money Apple is getting from Google is likely all profit - not exactly a bad position to be sitting in. Google seems to be getting close with Apple devices, especially iPads and iPhones. (more...)
- August 15, 2017
In fact, as reported by the CNBC news page, Tuesday, August 15, 2017, the Silicon Valley giant is willing to pay U.S. $ 3 billion for Google search to be the default search engine on the iPhone and iPad. Bernstein also notes that the money Apple is getting from Google is likely all profit - not exactly a bad position to be sitting in. Google seems to be getting close with Apple devices, especially iPads and iPhones. (more...)
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