Markets
A $47 billion transatlantic tobacco deal is on the cards
- October 29, 2016
The proposed moved was publicized by BAT because the U.S. Securities and Exchange Commission requires disclosure because the company has such a large holding in a U.S. BATS has held a large chunk of Reynolds for 12 years after it merger its US operations with RJ Reynolds, the second largest tobacco company in the US after Altria Group Inc (NYSE:MO), which owns Philip Morris USA Inc. (more...)
- October 29, 2016
The proposed moved was publicized by BAT because the U.S. Securities and Exchange Commission requires disclosure because the company has such a large holding in a U.S. BATS has held a large chunk of Reynolds for 12 years after it merger its US operations with RJ Reynolds, the second largest tobacco company in the US after Altria Group Inc (NYSE:MO), which owns Philip Morris USA Inc. (more...)
President Obama reads 'Mean Tweets' as part of Jimmy Kimmel Live show
- October 29, 2016
Well, at least I will go down as a 'president.' When the men started to talk about Donald Trump , Barack Obama noted that 'Trump isn't amusing anymore, ' despite the president "most of the time" laughs while watching the debates with the Republican candidate. (more...)
- October 29, 2016
Well, at least I will go down as a 'president.' When the men started to talk about Donald Trump , Barack Obama noted that 'Trump isn't amusing anymore, ' despite the president "most of the time" laughs while watching the debates with the Republican candidate. (more...)
Dayton offers 25% health insurance premium reduction proposal
- October 29, 2016
When the high 2017 premiums first were made public, Dayton said he would like a special legislative session to deal with the issue, but only after politics quiet down following the November 8 election. The total cost of this program would be capped at $313 million, the current surplus now scheduled to be added to the state's budget reserve. "As I have said before, the Affordable Care Act is now causing very hard financial problems for about two percent of Minnesotans who purchase their ... (more...)
- October 29, 2016
When the high 2017 premiums first were made public, Dayton said he would like a special legislative session to deal with the issue, but only after politics quiet down following the November 8 election. The total cost of this program would be capped at $313 million, the current surplus now scheduled to be added to the state's budget reserve. "As I have said before, the Affordable Care Act is now causing very hard financial problems for about two percent of Minnesotans who purchase their ... (more...)
Stock's Stunning Activities: Teekay Corporation (NYSE:TK)
- October 29, 2016
EPS in next five year years is expected to touch 20.50% while EPS growth in past 5 year was -13.50% along with sales growth of 8.70% in the last five years. They now have a Dollars 64 price target on the stock. 11/12/2015 - Freshpet, Inc. had its "buy" rating reiterated by analysts at SunTrust. 10/08/2014 - AGCO Corporation had its "neutral" rating reiterated by analysts at Citigroup. (more...)
- October 29, 2016
EPS in next five year years is expected to touch 20.50% while EPS growth in past 5 year was -13.50% along with sales growth of 8.70% in the last five years. They now have a Dollars 64 price target on the stock. 11/12/2015 - Freshpet, Inc. had its "buy" rating reiterated by analysts at SunTrust. 10/08/2014 - AGCO Corporation had its "neutral" rating reiterated by analysts at Citigroup. (more...)
Federal authorities charge 56 in 'IRS' fraud scheme
- October 29, 2016
Johnson on Thursday said an inter-agency effort resulted in the indictment of all five call centres and 56 people, including 31 from India, as well as the arrest of 20 others in the United States, most of whom are Indians. He said they went to "frightening lengths" to ensure the success of their scheme. In the largest single case, another scammer extorted $136,000 from a victim in Hayward, California. (more...)
- October 29, 2016
Johnson on Thursday said an inter-agency effort resulted in the indictment of all five call centres and 56 people, including 31 from India, as well as the arrest of 20 others in the United States, most of whom are Indians. He said they went to "frightening lengths" to ensure the success of their scheme. In the largest single case, another scammer extorted $136,000 from a victim in Hayward, California. (more...)
Melania Trump defends Trump remarks as "boy talk"
- October 29, 2016
As she told Colbert, Trump's 2005 comments and his alleged sexual harassment and possible assault of women in the past are just typical behavior from both boys and men. But a number of women have since come forward and said that Trump had surprised them in the past by groping or unexpectedly kissing them on the lips. (more...)
- October 29, 2016
As she told Colbert, Trump's 2005 comments and his alleged sexual harassment and possible assault of women in the past are just typical behavior from both boys and men. But a number of women have since come forward and said that Trump had surprised them in the past by groping or unexpectedly kissing them on the lips. (more...)
Street Target Update on CarMax Inc (NYSE:KMX)
- October 29, 2016
Shareholders of record on Friday, November 4th will be paid a dividend of 0.2475 per share on Tuesday, November 15th. This represents a $3.26 dividend on an annualized basis and a yield of 4.27%. California Pub Employees Retirement Sys accumulated 36,100 shares or 0% of the stock. Bank of Montreal Can bought a new position in EQT Midstream Partners during the second quarter valued at approximately $50,861,000. (more...)
- October 29, 2016
Shareholders of record on Friday, November 4th will be paid a dividend of 0.2475 per share on Tuesday, November 15th. This represents a $3.26 dividend on an annualized basis and a yield of 4.27%. California Pub Employees Retirement Sys accumulated 36,100 shares or 0% of the stock. Bank of Montreal Can bought a new position in EQT Midstream Partners during the second quarter valued at approximately $50,861,000. (more...)
Israel recalls UNESCO ambassador in protest at Jerusalem resolutions
- October 29, 2016
This is what Netanyahu had said in response to the resolution and shortly before he suspended his country's membership in UNESCO. Both U.S. presidential candidates harshly condemned the resolution , and a U.S. Muslims refer to it as al-Haram al-Sharif, Arabic for the Noble Sanctuary, and it includes the Al-Aqsa mosque and the golden Dome of the Rock. Though 58 countries are members of the cultural body's executive board, only 21 are part of its World Heritage Committee. (more...)
- October 29, 2016
This is what Netanyahu had said in response to the resolution and shortly before he suspended his country's membership in UNESCO. Both U.S. presidential candidates harshly condemned the resolution , and a U.S. Muslims refer to it as al-Haram al-Sharif, Arabic for the Noble Sanctuary, and it includes the Al-Aqsa mosque and the golden Dome of the Rock. Though 58 countries are members of the cultural body's executive board, only 21 are part of its World Heritage Committee. (more...)
UK Uber drivers win case to get paid vacation, minimum wage
- October 29, 2016
A group representing 5,000 Uber drivers in New York City filed a lawsuit in June accusing the ride-share company of depriving drivers of various employment protections by misclassifying them as independent contractors. Winnings at London's employment tribunals are capped at about £80,000 (S$136,000) unless claimants can prove that they have been victims of discrimination or were mistreated for blowing the whistle on corporate misconduct. (more...)
- October 29, 2016
A group representing 5,000 Uber drivers in New York City filed a lawsuit in June accusing the ride-share company of depriving drivers of various employment protections by misclassifying them as independent contractors. Winnings at London's employment tribunals are capped at about £80,000 (S$136,000) unless claimants can prove that they have been victims of discrimination or were mistreated for blowing the whistle on corporate misconduct. (more...)
Belgium reaches deal to back trade agreement between Canada and the EU
- October 29, 2016
The deal was welcomed by the head of the Wallonian government, Paul Magnette. The stakes are high amid warnings that the EU's worldwide standing, already battered by Britain's shock June Brexit vote, will suffer further if seven years of trade negotiations go to waste because of internal Belgian politics. (more...)
- October 29, 2016
The deal was welcomed by the head of the Wallonian government, Paul Magnette. The stakes are high amid warnings that the EU's worldwide standing, already battered by Britain's shock June Brexit vote, will suffer further if seven years of trade negotiations go to waste because of internal Belgian politics. (more...)
Ex-Pennsylvania Attorney General Kathleen Kane faces sentencing
- October 29, 2016
After Judge Wendy Demchick-Alloy sentenced Pennsylvania's former attorney general to 10 to 23 months in prison, there would be no tears. Photos and videos of a handcuffed Kane leaving the county courthouse in Norristown appeared in newspapers and digital news outlets throughout the state and was even picked up by the national news. (more...)
- October 29, 2016
After Judge Wendy Demchick-Alloy sentenced Pennsylvania's former attorney general to 10 to 23 months in prison, there would be no tears. Photos and videos of a handcuffed Kane leaving the county courthouse in Norristown appeared in newspapers and digital news outlets throughout the state and was even picked up by the national news. (more...)
Oil rises on Russia's output freeze commitment
- October 29, 2016
On Wednesday, oil rallied after the USA government reported an unexpected drawdown of more than five million barrels in weekly crude stockpiles that drove WTI's November contract to a 15-month high of $US51.93. There are other concerns that even if OPEC agrees to implement an oil output cut without the cooperation of non-members, that these non-members' production would prevent any positive price response. (more...)
- October 29, 2016
On Wednesday, oil rallied after the USA government reported an unexpected drawdown of more than five million barrels in weekly crude stockpiles that drove WTI's November contract to a 15-month high of $US51.93. There are other concerns that even if OPEC agrees to implement an oil output cut without the cooperation of non-members, that these non-members' production would prevent any positive price response. (more...)
US Imports of Crude Oil Increase for First Time Since 2010
- October 29, 2016
Oil prices fell on Friday, pulled down by a stronger dollar, but traders said there were signs that physical fuel markets were tightening after two years of ballooning oversupply. Prices are down 1.2 per cent this week. Latest comments from the Russian oil minister Novak were cheered by oil markets. This unexpected fall supported the rally in the crude oil market. (more...)
- October 29, 2016
Oil prices fell on Friday, pulled down by a stronger dollar, but traders said there were signs that physical fuel markets were tightening after two years of ballooning oversupply. Prices are down 1.2 per cent this week. Latest comments from the Russian oil minister Novak were cheered by oil markets. This unexpected fall supported the rally in the crude oil market. (more...)
Alphabet's quarterly revenue rises 20.2 percent
- October 29, 2016
Comparing Google's online role to the heyday of prime-time television, he added, "Our services are prime time for the mobile world". Since Google took control in November 2006, the internet video platform has evolved into a far more polished channel and it had built around a worldwide audience that has surpassed 1 billion. (more...)
- October 29, 2016
Comparing Google's online role to the heyday of prime-time television, he added, "Our services are prime time for the mobile world". Since Google took control in November 2006, the internet video platform has evolved into a far more polished channel and it had built around a worldwide audience that has surpassed 1 billion. (more...)
Another North Korean missile flop reported
- October 29, 2016
The missile was launched from the western city of Kusong during the final USA presidential debate. Hours before the launch, the USA and South Korea agreed to strengthen military and diplomatic efforts against the North. In a statement, StratCom said the attempted missile launch occurred near the northwestern city of Kusong. " North Korea is steaming ahead with its nuclear program so, that's not a solved problem yet", Tokola said. (more...)
- October 29, 2016
The missile was launched from the western city of Kusong during the final USA presidential debate. Hours before the launch, the USA and South Korea agreed to strengthen military and diplomatic efforts against the North. In a statement, StratCom said the attempted missile launch occurred near the northwestern city of Kusong. " North Korea is steaming ahead with its nuclear program so, that's not a solved problem yet", Tokola said. (more...)
Twitter Beats Revenue Estimates, Cuts 9 Percent Of Jobs
- October 29, 2016
Twitter reported a net loss of $103m and a net income of $92m for the quarter, but said advertising revenue was $545m, up 6% compared to the same period a year ago. In addition, the company announced that it would discontinue its Vine app , which it acquired in 2012, in the next few months. Twitter's share price closed at $17.29 on Wednesday and reached as high as $18.12 in Thursday morning trading. (more...)
- October 29, 2016
Twitter reported a net loss of $103m and a net income of $92m for the quarter, but said advertising revenue was $545m, up 6% compared to the same period a year ago. In addition, the company announced that it would discontinue its Vine app , which it acquired in 2012, in the next few months. Twitter's share price closed at $17.29 on Wednesday and reached as high as $18.12 in Thursday morning trading. (more...)
Google Search and YouTube Drove Alphabet's Third-Quarter Revenue Growth
- October 29, 2016
A little digging revealed that Google is profiting handsomely from paid clicks, (where the advertiser pays only if a user clicks on an advert). According to TipRanks.com, which measures analysts' and bloggers' success rate based on how their calls perform, analyst Jason Helfstein has a yearly average return of 8.4% and a 56% success rate. (more...)
- October 29, 2016
A little digging revealed that Google is profiting handsomely from paid clicks, (where the advertiser pays only if a user clicks on an advert). According to TipRanks.com, which measures analysts' and bloggers' success rate based on how their calls perform, analyst Jason Helfstein has a yearly average return of 8.4% and a 56% success rate. (more...)
Chris Hemsworth Apologizes for 'Stupidly' Dressing Up as Native American
- October 29, 2016
The 33-year-old Thor actor was attending a party on New Year's Eve last year with his family when he donned the ensemble. We recently rated Hemsworth a "Cady" on a Mean Girls scale of problematic Chrises and made note of the culturally appropriative Halloween costume he wore to a Lone Ranger-themed party past year (it must be ESPN or something). (more...)
- October 29, 2016
The 33-year-old Thor actor was attending a party on New Year's Eve last year with his family when he donned the ensemble. We recently rated Hemsworth a "Cady" on a Mean Girls scale of problematic Chrises and made note of the culturally appropriative Halloween costume he wore to a Lone Ranger-themed party past year (it must be ESPN or something). (more...)
Trump, Clinton in the Home Stretch
- October 29, 2016
In Mike Pence's words, Republicans are coming home, at least according to a Washington Post-ABC News tracking poll released Friday. But Romney and McCain both had more than Trump does at this stage, and the funding gulf between the Democratic and Republican nominees was not as wide at this point in the election as the current one between the Clinton and Trump campaigns. (more...)
- October 29, 2016
In Mike Pence's words, Republicans are coming home, at least according to a Washington Post-ABC News tracking poll released Friday. But Romney and McCain both had more than Trump does at this stage, and the funding gulf between the Democratic and Republican nominees was not as wide at this point in the election as the current one between the Clinton and Trump campaigns. (more...)
Policeman dies after being shot at Venezuela protests
- October 29, 2016
On Twitter , opposition leader Henrique Capriles pointed to the closures as he tried to fire up support. Maduro accuses the National Assembly of staging a " parliamentary coup " by voting to put him on trial for alleged breach of duty. Maduro says it is the opposition that is seeking to overthrow the government illegally. The Caracas Metro said the stations were closed to "safeguard users, personnel and installations". (more...)
- October 29, 2016
On Twitter , opposition leader Henrique Capriles pointed to the closures as he tried to fire up support. Maduro accuses the National Assembly of staging a " parliamentary coup " by voting to put him on trial for alleged breach of duty. Maduro says it is the opposition that is seeking to overthrow the government illegally. The Caracas Metro said the stations were closed to "safeguard users, personnel and installations". (more...)
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