Economy

Brokers Opinions on: Rite Aid Corporation (NYSE:RAD)

They issued a "hold" rating and a $2.50 target price for the company. Guggenheim downgraded the shares of RAD in report on Wednesday, April 26 to "Neutral" rating. Creative Planning holds 0% or 70,039 shares in its portfolio. Fiduciary Trust invested in 0.01% or 2,161 shares. (NASDAQ:VRSK). Ingalls And Snyder Lc reported 12,350 shares. [Full Article...]

Campbell Newman Asset Management Inc. Cuts Stake in Wells Fargo & Company

Campbell Newman Asset Management Inc. Cuts Stake in Wells Fargo & Company Their projections for the Next Quarter growth is -3 percent. It also reduced its holding in Ishares Tr (EEM) by 435,710 shares in the quarter, leaving it with 164,290 shares, and cut its stake in Union Pac Corp (NYSE:UNP). Jupiter Asset Limited has 0.4% invested in Oracle Corporation (NYSE:ORCL). Its down 0.14, from 1.11 in 2017Q1. It increased, as 33 investors sold SIRI shares while 129 reduced h... [Full Article...]

Syria war: Russian Federation denies bombing civilians in Deir al-Zour village

Syria war: Russian Federation denies bombing civilians in Deir al-Zour village It is the largest and most important city in eastern Syria, and is the center of the country's oil production. However, Rami Abdel Rahman, head of the internationally respected Syrian Observatory for Human Rights, said 53 civilians, including 21 children, had been killed by the air strikes - amending earlier reports of 34 deaths, says the BBC . [Full Article...]

Thousands hit by NBN delay

Thousands hit by NBN delay Hundreds of thousands of homes across Australia face a delay in being connected to the NBN after the company announced a "halt" to connecting hybrid fibre-coaxial (HFC) users. As pointed out by Shadow Minister for Communications Michelle Rowland and Shadow Minister for Finance Jim Chambers, a seven month delay in HFC activations profile would have a $1 billion impact on rollout funding. [Full Article...]

US Indicts 3 Chinese Nationals on Hacking Charges

US Indicts 3 Chinese Nationals on Hacking Charges How a case from more than three years ago gave the Pittsburgh based investigators needed experience to bring this case on Channel 11 News starting at 5 p.m. Security firm CrowdStrike , which refers to the alleged hacking ring as Gothic Panda, says it's seen a rise in activity associated with the group since 2016. [Full Article...]

Keystone's existing pipeline spills far more than predicted to regulators

Keystone's existing pipeline spills far more than predicted to regulators And in South Dakota, where the line has leaked twice, the estimate was for a "spill no a few times every 41 years". The Keystone spill in South Dakota came days before neighbouring Nebraska approved a route for TransCanada's planned Keystone XL pipeline , but the approved route differed from the company's preferred path. [Full Article...]

Mikaela Rules, Winning Slalom at Killington

Mikaela Rules, Winning Slalom at Killington On a day when cold wind gusts and angry snow squalls raked Killington, Shiffrin won the first run convincingly, and then skied brilliantly on a brutal second course to distance herself further from her rivals. That left the door open for Vlhova, who only managed fifth in the first run, to remain in the leader's hot seat after a stellar second run, and put the pressure on Shiffrin. [Full Article...]

Gas prices hold steady in RI, down a nickel in MA

Gas prices hold steady in RI, down a nickel in MA Prices Sunday in Rockford were 44¢ higher than on the same day one year ago, and 5.7¢ higher than this time last month. Ohio's gas prices are up 40.4 cents since past year and are up 3.3 cents from last month. Meanwhile, oil production in the USA reached 9.7 million b/d last week, according to EIA's latest report, a high not seen since April 1971. Yet again, Hardin County had the lowest aver... [Full Article...]

United Kingdom drone owners to sit safety test before flight

United Kingdom drone owners to sit safety test before flight The UK Government is to propose the new drone legislation in the spring of 2018, and as well as pilots completing a safety test, the rules could see no-fly zones more widely enforced in sensitive locations like airports. In 2016, the United Kingdom government took a survey for public consultation to address safety, security, and privacy challenges about the drone technology. [Full Article...]

Uber Ride-Sharing Banned in Israel

Uber Ride-Sharing Banned in Israel Uber launched it's service in 2016 before the company "expanded its carpooling operations over a month ago despite objections from the government". " It remains illegal for unregistered private drivers to ferry passengers in return for payment, as numerous private Uber drivers operate without studying safety regulations and undergoing any form of testing". [Full Article...]

Bitcoin Price Crosses $9000

Bitcoin Price Crosses $9000 The precipitous rise over the holiday was attributed to "a spike in the userbase of the largest platform for buying and selling cryptocurrencies in the United States", according to BI. The gains also come ahead of the launch of a new a Bitcoin futures contract by the Chicago Mercantile Exchange (CME), which is scheduled for the second week of December. [Full Article...]

Smartphones sales break all record on Black Friday

Smartphones sales break all record on Black Friday That number is according to Adobe Analytics, which measures transactions at the largest 100 usa web retailers, on Saturday. Online sales volume on the Black Friday shopping day grew 24% year-over-year , according to data from Salesforce's retail intelligence unit. [Full Article...]

Time Inc. nearing sale to company backed by Koch brothers

Time Inc. nearing sale to company backed by Koch brothers The added titles could allow Meredith to spin-off its broadcasting arm into a standalone company. However, in an attempt to quell the conflict of interest concerns, Meredith has stated the two libertarian brothers will have zero impact on the editorial decisions of the publications. [Full Article...]

After winning crown, Manushi Chhillar to be back in India today

After winning crown, Manushi Chhillar to be back in India today I think it's safe to say Manushi totally stole the show even before she was crowned, amirite? India's Manushi Chhillar , who made the country proud by winning the Miss World 2017 and landed here to a warm welcome, thanked fans for showering her with love. [Full Article...]

Russia Wants Oil Output Deal Extended

Russia Wants Oil Output Deal Extended Saudi Arabia has been pushing for an extension for nine months until the end of 2018, a position President Vladimir Putin had suggested in October that Russian Federation backed. The discussions have included linking the cuts to the supply-demand balance on the global oil market or the level of fuel inventories in industrialized countries. [Full Article...]

Trump administration promotes Small Business Saturday

Trump administration promotes Small Business Saturday Sandwiched between Black Friday and Cyber Monday, Small Business Saturday was born of an idea from credit card giant American Express in 2010. A passport will be inside the bag with store logos and deals for the day. The NFIB is the Washington advocate for more than 300,000 small businesses around the country. "A lot of people also come from out of town, and I enjoy being the person to meet an... [Full Article...]

Macy's shoppers unable to use credit cards on Black Friday

Macy's shoppers unable to use credit cards on Black Friday This impacted sales at many stores, including Chicago's location on State Street, where clerks struggled to complete transactions with credit. "We have added additional associates on the floor and we are working to resolve the issue as quickly as possible". [Full Article...]

Shoppers head to Holyoke Mall this Black Friday

Shoppers head to Holyoke Mall this Black Friday Ms. Pogan said about 100 shoppers eagerly dashed into Dick's Sporting Goods at its 5 a.m. opening, and likewise shoppers lined up to rush into the Pink women's apparel store and the GameStop video game store. McBride said she plans to spend about $3,000 on presents, more than in the past because "with two children and four grandchildren, we have more people to shop for". [Full Article...]

Black Friday shoppers line up for deals

Black Friday shoppers line up for deals According to the National Retail Federation , close to 70 percent of Americans are planning to shop sometime this weekend. CTV News was at the Best Buy in Burnaby's Metrotown mall Friday morning and found about 50 people in line when the doors opened at 6 a.m. [Full Article...]

Jeff Bezos Is Now Worth $100 Billion

Jeff Bezos Is Now Worth $100 Billion Bezos net worth has since taken a slight dip from $100.3 billion to $97.9 billion as of the early afternoon (EST) Nov. 24, according to Bloomberg . Also that $2.4 billion bump means Bezos's net worth has risen by nearly $33 billion this year alone. [Full Article...]


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