Markets


Thomson Reuters to cut 2000 jobs Thomson Reuters to cut 2000 jobs
- November 02, 2016

In addition, the company will also be consolidating many roles in various business segments. The restructuring across 39 countries and 150 locations would mainly affect the Financial Risk business and the Enterprise, Technology Operations Group, the news and information company said. (more...)
California woman wins $70 million in J&J baby powder lawsuit California woman wins $70 million in J&J baby powder lawsuit
- November 02, 2016

Deborah Giannecchini, a resident of Modesto, Calif., won more than $70 million in damages from J&J after she successfully convinced the jury that the company failed to inform her about a possible link between its baby powder and ovarian cancer. (more...)
Instagram to allow shopping through app from next week Instagram to allow shopping through app from next week
- November 01, 2016

Other features to come later down the line will likely include a "save product for later" function and the expansion of the service to more brands in more geographies. Specifically, Instagram is adding a tap to view icon at the bottom left of a photo, which when clicked tags up to 5 items in the photo with prices and a link. (more...)
Seesawing Stock Seeing Increased Volume Today: Cisco Systems, Inc. (NASDAQ:CSCO)
- November 01, 2016

Cisco Systems makes up approx 0.04% of Blue Bell Private Wealth Management's portfolio. Primecap Management Co. CA raised its stake in Cisco Systems by 16.0% in the first quarter. As per the latest update, the firm's EPS came at $0.58 for the period ended 2016-07-31. Cisco Systems, Inc. reported its last Earnings on Nov 16 AMC where the company reported Actual EPS of $0.63/Share whereas, the Analyst Estimated EPS was $0.6/share. (more...)
Decision in legal battle over Christian law-school graduates expected Decision in legal battle over Christian law-school graduates expected
- November 01, 2016

In B.C., the law society originally endorsed the law school but that decision triggered a backlash among lawyers standing up for the rights of those who identify as LGBTQ. Alberta, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, and Newfoundland and Labrador have gone along with the proposal. The dispute involving B.C.'s society came to a head past year when the B.C. (more...)
Gw Henssler Associates Ltd Lowers stake in Intel Corporation Gw Henssler Associates Ltd Lowers stake in Intel Corporation
- November 01, 2016

This number can often vary from the Zacks or FactSet mean targets. Equities research analysts forecast that Intel Corp . will post $2.66 EPS for the current year. A total of 22.30M shares exchanged hands, whereas the company's average trading volume stands at 24.18M shares. 2 analysts call it Underweight, while 2 think it is Overweight. (more...)
Corona parent Constellation Brands to buy Mexican brewery for $600M Corona parent Constellation Brands to buy Mexican brewery for $600M
- November 01, 2016

Anheuser-Busch InBev NV had to divest assets to get U.S. Justice Department approval for its $20.1 billion takeover of Grupo Modelo in 2013. The Obregon brewery is on Mexico's west coast in the state of Sonora, and will help service its largest beer markets in the western United States. (more...)
New Analyst Ratings For Bloomsbury Publishing (LON:BMY)
- November 01, 2016

They set a hold rating and a GBX 365 ($4.46) target price on the stock. In the a year ago Unite Group PLC's stock price has increased by 0% from 0.00 to 556.5. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of US and global copyright law. (more...)
Alibaba reshuffles entertainment units, to raise 10b yuan fund
- November 01, 2016

During the same quarter in the previous year, the company posted $0.59 earnings per share. Alibaba Group Holding Limited (NYSE:BABA) has its dividend (annual) of 0 while its Dividend Yield (annual) is 0%. These price targets are a consensus analysis of 40 brokers. Over the same time span, the stock marked US$109.87 as its best level and the lowest price reached was US$59.25. (more...)
Royal Caribbean's stock boosted by profit beat Royal Caribbean's stock boosted by profit beat
- November 01, 2016

One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and seventeen have assigned a buy recommendation to the company. Royal Caribbean Cruises's payout ratio is now 33.86%. The stock was sold at an average price of $74.46, for a total value of $505,583.40. Volatility on a weekly basis sums at 1.50% * together with the monthly volatility of 1.78% *. (more...)
Bank of England Governor Carney to stay through June 2019
- November 01, 2016

His announcement followed a meeting with May in which the prime minister gave the governor her full backing for his handling of interest rates and called on him to stay to help steer the United Kingdom economy through the post-Brexit vote period. (more...)
Starbucks' holiday cup design may have been leaked online by Reddit user Starbucks' holiday cup design may have been leaked online by Reddit user
- November 01, 2016

This year's design may not come as a surprise to some, as Reddit user DasUberSquid posted an image of what he claimed to be the 2016 cup with the title "I peeked". A holiday cup design that showed up in stores Tuesday features a mosaic of more than 100 people drawn in a single stroke - art meant to convey "connections" the company shares between employees and customers. (more...)
New rules for government student loans kick in today New rules for government student loans kick in today
- November 01, 2016

The federal government has announced new measures to help recent post-secondary graduates manage their student debt. Through the government's Repayment Assistance Plan , borrowers are eligible for a reduced or waived monthly payment depending on their income and family size. (more...)
Yum China spin-off completed Yum China spin-off completed
- November 01, 2016

Yum China had about 382.9 million shares outstanding, including the about 19.1 million shares issued to the investors in Yum Brands, according to a filing with the U.S. Following the completion of the sale, the chief executive officer now owns 245,736 shares of the company's stock, valued at approximately $22,538,905.92. (more...)
Worth Watching Stock: Verizon Communications Inc. (NYSE:VZ) Worth Watching Stock: Verizon Communications Inc. (NYSE:VZ)
- November 01, 2016

Several other large investors have also added to or reduced their stakes in the stock. They are projecting Next Quarter growth of -3.8%. Solaris Asset Management LLC purchased a new position in Verizon Communications during the third quarter worth $125,000. (more...)
Ruling finds U.K. Uber drivers are workers, not self-employed
- November 01, 2016

Leigh Day, the law firm that brought the action said other Uber drivers could use the action - a test case - to press their claims that they are also employees. How does Uber work and why is it so controversial? "The vast majority of people who have chosen to drive with the Uber app have done so in order to be their own boss and choose when and where they drive". (more...)
Blackstone To Acquire TeamHealth For $43.50/shr Blackstone To Acquire TeamHealth For $43.50/shr
- November 01, 2016

Several other analysts have also recently weighed in on TMH . On 02/22/2016, Analysts were suspecting EPS of $0.61/share where Team Health Holdings, Inc. The analysts estimated sales for the higher end at 1273.5 million and lower end at 1208 million while the year ago reported sale was 1022.67 million. (more...)
Democrats Blast FBI Chief For Refusing To Name Russia In Hacks Democrats Blast FBI Chief For Refusing To Name Russia In Hacks
- November 01, 2016

If the Federal Bureau of Investigation finds emails Abedin sent or received through the clintonemail.com server archived on the device recently recovered from her home, that would appear to conflict with what she told the Federal Bureau of Investigation earlier this year. (more...)
US gasoline spikes as much as 15% after Colonial Pipeline shutdown
- November 01, 2016

Colonial Pipeline shut down one of its supply lines yesterday after it caught fire that killed one worker and injured a half-dozen others in northern Alabama. Robert Bentley said in a statement. The pipelines remained shut and fire continued to burn as of 10.45 pm Monday local time, Colonial said in the statement. (more...)
Walker to join Trump for Wisconsin rally Tuesday
- November 01, 2016

Johnson has tried to portray Feingold as weak on national security, casting the former 18-year senator as a hypocrite who talks tough on the campaign trail but who as a senator cast votes that undermined the ability of USA troops to succeed. (more...)

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