Economy

Traders Sell Shares of Apple Inc. (AAPL) on Strength (AAPL)

BlackBerry Ltd (NASDAQ:BBRY) has risen 55.16% since October 31, 2016 and is uptrending. It has outperformed by 7.42% the S&P500. Simplex Trading, LLC says it bought 34,937 shares in quarter ending 09/30/2017 increasing its stake in Apple Inc . [Full Article...]

Mark Zuckerberg: Facebook will cut into profits to prevent abuse

Mark Zuckerberg: Facebook will cut into profits to prevent abuse House lawmakers also released some of the Russian-linked ads shown on Facebook , which were tied to hot-button issues such as gun control, illegal immigration, gay rights, or racial tensions. The company said that it now generates 88 percent of its advertising revenue from mobile ads, compared to 84 percent during the same quarter past year. [Full Article...]

Avella selected by AstraZeneca to distribute CALQUENCE (acalabrutinib)

Headache, diarrhea, bruising, fatigue, myalgia, anemia, thrombocytopenia, and neutropenia were reported as common adverse effects of Calquence . AstraZeneca claimed its first regulatory approval for BTK inhibitor acalabrutinib in the United States, with the FDA clearing the drug for second-line therapy for adults with mantel cell lymphoma. [Full Article...]

Car, two-wheeler sales skid in Oct on post-festival season blues

Car, two-wheeler sales skid in Oct on post-festival season blues Sales were driven by a 29.8% increase in the utility vehicles segment on the back of new launches, including a refreshed version of the premium compact sport utility vehicle, or SUV, S-Cross. This premium sedan, now sold through the Nexa channel, clocked its best sales in April 2017 with 7,024 units. "We will maintain cautious optimism in the market and hope to see this momentum continue", said ... [Full Article...]

Wall St. Keeps Modest Gains as Fed Stands Pat on Rates

Wall St. Keeps Modest Gains as Fed Stands Pat on Rates Inflation on a 12-month basis is expected to remain somewhat below 2 percent in the near term but to stabilize around the Committee's 2 percent objective over the medium term. The Federal Open Markets Committee is keeping the money market interest rate range between 1 and 1.25 percent, opting against a raise. The Fed's preferred price gauge, the personal-consumption expenditures price index, r... [Full Article...]

Strangers on a Plane: Delta Passengers Arrested for Mid-Flight Tryst

Strangers on a Plane: Delta Passengers Arrested for Mid-Flight Tryst The flight was heading from Los Angeles to Detroit , and the passengers were connecting on separate flights. Officials said the pair were complete strangers before boarding. Both passengers were issued citations after the plane landed in Detroit , WDIV reported and the case is now with the Federal Bureau of Investigation. [Full Article...]

Project Future Performance Before Investment: The Estee Lauder Companies Inc. (NYSE: EL)

Project Future Performance Before Investment: The Estee Lauder Companies Inc. (NYSE: EL) Other hedge funds have also modified their holdings of the company. (The)'s revenue for the quarter was up 9.4% compared to the same quarter previous year. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.08. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.16 billion. [Full Article...]

LLC Buys New Position in Cognizant Technology Solutions Corporation (CTSH)

WFG Advisors LP grew its stake in Cognizant Technology Solutions Corporation by 46.4% in the 2nd quarter. Weighted Alpha is used to calculate how much a share has gone up or down over a certain period, normally a year. Cognizant Technology Solutions Corporation's revenue for the quarter was up 9.1% on a year-over-year basis. Non-GAAP diluted EPS is expected to be at least $0.95, the company... [Full Article...]

Starbucks releases color-it-yourself holiday cups

Starbucks releases color-it-yourself holiday cups In response to the backlash of 2015, Starbucks released 13 different holiday designs a year ago. The coffee chain will switch things up this year, veering away from its typically red-themed holiday cups. With all of the empty space, you can DIY the hell out of the cup and make your own adorable creation. Meanwhile, Wednesday also marks the return of the chain's holiday beverages including Ch... [Full Article...]

AK Steel Holding Corporation (NYSE:AKS) Moving Aggressively - Down $0.07

AK Steel Holding Corporation (NYSE:AKS) Moving Aggressively - Down $0.07 Typically, the lower the value, the more undervalued the company tends to be. A value of 25-50 would indicate a strong trend. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield. These unswerving movements and comparing with its overall performance have shaped higher daily volatility making other factor as constant (Micro/macroeconomic factors). [Full Article...]

Oil price rises to $61 per barrel

Energy Information Administration) short-term energy outlook report on October 11, 2017, it estimates that Brent crude oil prices will average $52.43 per barrel in 2017-2.7% higher than its previous estimate. OPEC's adherence to its promised supply cuts rose to 92% in October, the data showed, up from 86% in September, as drops in output in depression-hit Venezuela and in civil war-torn Iraq add... [Full Article...]

Unemployment rate remains stable at 27.7%, but still high

Unemployment rate remains stable at 27.7%, but still high The RBNZ has said it would keep rates on hold at a record low of 1.75 percent, possibly for years, to boost inflation. However, youth unemployment rate registered a decline of 0.6 of a percentage point quarter-to-quarter. Minister of Employment Willie Jackson has today welcomed the release of the Household Labour Force Survey, which shows unemployment falling to 4.6 per cent. [Full Article...]

IPhone X costs $100 more at Best Buy

IPhone X costs $100 more at Best Buy If you're getting the Apple iPhone X , you probably don't want to drop it - or you'll want to get Apple Care+ coverage with your deal. Apart from showing the iPhone X , which hasn't publicly been made available, the video may cause more damage as it includes footage of an iPhone X with special employee-only QR codes along with a footage of the notes app which included the codenames of un... [Full Article...]

Stock Roundup: JPMorgan Chase & Co. (JPM)

It has underperformed by 18.72% the S&P500. Bradley Foster & Sargent Inc acquired 9,272 shares as J P Morgan Chase ( JPM)'s stock declined 6.04%. The PE ration is a market prospect ratio that calculates the market value of a stock relative to its earnings by comparing the market price per share by the earnings per share. [Full Article...]

(DIS) Given "Hold" Rating at Morgan Stanley

It has underperformed by 7.44% the S&P500. Synopsys Inc now has $13.02 billion valuation . The stock rose 0.79% or $0.47 reaching $60.05. About 209,523 shares traded. (NASDAQ:SNPS). Public Sector Pension Inv Board stated it has 17,100 shares. Credit Suisse maintained the shares of WTB in report on Thursday, September 17 with "Outperform" rating. [Full Article...]

Rate hike will have a 'modest' impact on mortgages, says Nationwide

He estimated such a rate rise would increase monthly payments by £15 to £665 for the average mortgage, or an extra £180 a year. The share of outstanding mortgages on variable rates - which are the ones likely to see an increase in payments if the Bank Rate is increased - has fallen to a record low of about 40 per cent, down from a peak of around 70 per cent in 2001, the report said. [Full Article...]

Parents offer Halloween safety tips for families

Parents offer Halloween safety tips for families Trick-or-treaters can bring their unwrapped Halloween candy to Frankel Dentistry's Talmadge Road and Keystone Drive locations from November 1 to November 7 to make some cash and help the men and women overseas have a happy Halloween. Fairfax County Fire and Rescue personnel, in partnership with the National Fire Protection Association, are offering a few safety tips for local families who may be h... [Full Article...]

Turkey's Manufacturing Sector Expands Further In October

Turkey's Manufacturing Sector Expands Further In October At the sector level, improvements in consumer goods negated deteriorations in investment and intermediate goods. " The continued robust health of manufacturing and rising price pressures will help cement expectations of the Bank of England hiking interest rates for the first time in a decade as Thursday's announcement approaches ", said Rob Dobson, Director at IHS Markit. [Full Article...]

Okafor's option not being picked up by Sixers

Philadelphia chose to pass on Okafor's fourth-year option on his rookie scale contract, a surprising development given the former Duke star was the No. Last season, his numbers dipped to 11.8 points and 4.8 rebounds per game, as did his minutes, from 30.0 his rookie season to 22.7. Okafor is 21 years old and only two seasons removed from averaging 17.5 points and 7.0 rebounds per game as a roo... [Full Article...]

Attention Dickheads, You'll Soon Officially Be Banned From Climbing Uluru

Attention Dickheads, You'll Soon Officially Be Banned From Climbing Uluru Board chairman and Uluru traditional owner Sammy Wilson said in a statement that it was time to close the climb. "Let's come together; let's close it together". The Central Land Council (CLC), who represents Aboriginal people in Central Australia, welcomed the move. By 2015, just 16.2% of the people visiting Uluru climbed in on days when it was open - bad whether and other reasons saw the clim... [Full Article...]


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