Economy

Andy Serkis' directorial debut to open Toronto International Film Festival

Andy Serkis' directorial debut to open Toronto International Film Festival The film festival will also feature the first look at Dame Judi Dench's return as Queen Victoria in director Stephen Frears' Victoria And Abdul. "It's a kind of social satire that really cuts at the heart of the US", added Cameron Bailey, artistic director of TIFF. [Full Article...]

The collapse of Petronas Pacific Northwest LNG project

The collapse of Petronas Pacific Northwest LNG project New projects around the world have created a global oversupply of liquefied natural gas and a drop in prices. "We are disappointed that the extremely challenging environment brought about by the prolonged depressed prices and shifts in the energy industry have led us to this decision", said Petronas' executive vice president and chief executive officer (upstream), Anuar Taib. [Full Article...]

Northeast water crisis set to last till weekend

Northeast water crisis set to last till weekend Water tankers, including many from Northern Ireland Water, were deployed again in several areas today to supplement the burst water main. Water tankers and containers have also been mobilised across the country to replenish water supplies. [Full Article...]

Trump says Apple plans to build three plants in US

Trump says Apple plans to build three plants in US Apple declined to comment in the Journal's story and didn't immediately respond to our request for comment. Trump's comment came during an interview with The Wall Street Journal . During the presidential campaign, Trump called on Apple to open a US plant in an effort to boost the American economy. Since Apple historically relies on contract manufacturers to build its products, the tech ti... [Full Article...]

McDonald's Q2 profits jump 28% to US$1.4b on solid sales

McDonald's Q2 profits jump 28% to US$1.4b on solid sales It did not specify how much customer visits contributed to the sales increase, but Easterbrook has repeatedly laid out plans to get the figure climbing again by making McDonald's more convenient. The rollout is expected to be complete at all of its more than 14,000 US locations by the second half of 2018. Globally, it expanded and had more than 37,000 locations. [Full Article...]

European Union antitrust regulators say investigating possible German auto cartel

European Union antitrust regulators say investigating possible German auto cartel A report from German publication Der Spiegel alleges BMW also colluded with other German automakers (Volkswagen and Mercedes) to fix prices and cheat emissions, and BMW released a statement to address the allegations. Daimler remains under investigation, people familiar with the matter have said. Volkswagen reportedly denounced to the anti-cartel authorities in July 2016 in the hope of obtain... [Full Article...]

Which Analysts Are Watching Ford Motor Company (NYSE:F)?

Which Analysts Are Watching Ford Motor Company (NYSE:F)? GWM Advisors LLC acquired a new stake in Ford Motor during the first quarter valued at approximately $117,000. Finally, Alpha Windward LLC raised its stake in shares of Ford Motor by 1.5% in the first quarter. The original version of this article can be read at https://www.thestockobserver.com/2017/07/25/quantbot-technologies-lp-takes-position-in-ford-motor-company-f-updated-updated.html. [Full Article...]

Lyft hoping you take a ride in Taco Mode

Lyft hoping you take a ride in Taco Mode But sometimes you're just craving a Doritos Locos taco to chase that regrettable shot of tequila (hey, it was National Tequila Day yesterday, okay, gosh) before heading home. Lyft knows that you might feel hungry at that point in time which is why it has announced a new tie-up today with popular fast food chain Taco Bell . [Full Article...]

ValuEngine Downgrades Barnes & Noble Education, Inc (BNED) to Sell

ValuEngine Downgrades Barnes & Noble Education, Inc (BNED) to Sell Sandell believes BKS stock could go for at least $12 per share. John Malone's Liberty Media Corp proposed acquisition of Barnes & Noble for $1.02 billion in 2011, but ended up investing in preferred shares it could convert into a stake later. [Full Article...]

Caterpillar Inc. (NYSE:CAT) Touching Most Active List Today

Caterpillar Inc. (NYSE:CAT) Touching Most Active List Today Pfizer Inc. (NYSE:PFE) has declined 2.76% since July 24, 2016 and is downtrending. It has underperformed by 42.16% the S&P500. Caterpillar Inc (NYSE: CAT ) now has a trailing P/E of -428.07 while its forward P/E according to Thomson Reuters is 19.7. [Full Article...]

U.S. judge halts deportation of 1400 Iraqis

U.S. judge halts deportation of 1400 Iraqis There are 1,444 Iraqi nationals who have final deportation orders against them in the USA, although only about 199 of them were detained in June as part of a nationwide sweep by immigration authorities. Judge Mark Goldsmith's ruling came just hours before a temporary stay was set to expire. The government opposed the motion, claiming the court had no jurisdiction to call a stay or halt the depor... [Full Article...]

LLC Raises Position in General Motors Company (NYSE:GM)

LLC Raises Position in General Motors Company (NYSE:GM) Franklin Resources Inc. now owns 80,132,269 shares of the auto manufacturer's stock valued at $972,004,000 after buying an additional 16,902,036 shares during the last quarter. This represents a $0.60 annualized dividend and a dividend yield of 5.31%. Ford Motor's payout ratio is 64.52%. COPYRIGHT VIOLATION NOTICE: This article was first reported by Sports Perspectives and is owned by of Sports ... [Full Article...]

Michael Kors agrees Jimmy Choo takeover

Michael Kors agrees Jimmy Choo takeover Jimmy Choo , famous for its stiletto shoes and accessories, put itself up for sale in April as majority investor JAB increased its focus on consumer goods. Alongside Ralph Lauren (RL) and Calvin Klein, Michael Kors has struggled to maintain its brand image after broadly distributing its products in discount stores and outlet malls. [Full Article...]

Snopes, in Heated Legal Battle, Asks Readers for Money to Survive

Snopes, in Heated Legal Battle, Asks Readers for Money to Survive A CNET article states that this problem started when Proper Media sued Snopes founder David Mikkelson and his company, Bardav, for breach of contract and cut off advertisement from the site. Then in 2016 Proper Media bought the shares of Snopes co-founder Barbara Mikkelson. Proper Media filed suit in May, as Courthouse News first reported . [Full Article...]

Suzuki Swift Sport revealed before Frankfurt Motor Show

Suzuki Swift Sport revealed before Frankfurt Motor Show The Swift Sport will come with a more angular grille and a blackened front splitter for a more aggressive look than the standard Swift . We won't know the full details of the next Swift Sport's performance figures until it's been officially released, but the expectation is that the Sport will house the donk from Suzuki's current Vitara S Turbo, which is a 1.4-litre turbo pumping out 103kW and... [Full Article...]

Reckitt Benckiser Group Plc (LON:RB) Announces GBX 66.60 Dividend

Reckitt Benckiser Group Plc (LON:RB) Announces GBX 66.60 Dividend The rating was maintained by Shore Capital on Wednesday, January 13 with "Hold". On Wednesday, November 9 the stock rating was maintained by Arden Partners with "Buy". Therefore 88% are positive. Centurylink Inc. has $36 highest and $22 lowest target. The stock has an average rating of "Hold" and a consensus price target of GBX 682.93 ($8.92). [Full Article...]

Blue Apron Holdings (APRN) Is Now Covered By Goldman Sachs

Blue Apron Holdings (APRN) Is Now Covered By Goldman Sachs Cerankosky anticipates that the company will post earnings per share of ($0.16) for the quarter. ( NYSE : APRN ) net profit margin is -12.70%. Analyst coverage launches on Blue Apron ( NYSE :APRN) in full force today. Blue Apron has $14 highest and $2 lowest target. The firm set a price target of $11 and projected a return potential of 68%. Cramer also spoke on Twitter Inc (NYSE :TWTR) sto... [Full Article...]

Guggenheim Downgrades Halliburton Company (NYSE:HAL) to Neutral

Guggenheim Downgrades Halliburton Company (NYSE:HAL) to Neutral FMR LLC now owns 15,102,445 shares of the oilfield services company's stock worth $743,191,000 after buying an additional 1,496,685 shares in the last quarter. During the same quarter in the previous year, the company posted ($0.14) EPS. (HAL) rallied 1.1% in premarket trade Monday, after the oil services company beat profit and sales expectations, as strengthening market conditions in North Ameri... [Full Article...]

U.S. vending machine firm plans employee chip implant scheme

U.S. vending machine firm plans employee chip implant scheme Much like the RFID chip implant scheme, oddly enough. More than 50 members of staff at Three Square Market in Wisconcin will have a grain-sized chip implanted in between their thumb and forefinger this week. This program, offered by 32M, is optional for all employees. It's an extension of the long-running implantable RFID chip business, based on a partnership with Swedish company Biohax Interna... [Full Article...]

Schumer: Dems didn't 'tell people what we stood for' in 2016

Schumer: Dems didn't 'tell people what we stood for' in 2016 CLF, a House Republican-backed super PAC, is running the digital advertisement entitled "Resistance" nationwide in Democratic congressional districts, including House Minority Leader Nancy Pelosi's (D., Calif.). Democrats would enact new standards to limit large mergers, and create a new consumer competition advocate. While Democrats only need a net gain of three seats to win a majority, they're a... [Full Article...]


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