Economy

Nestle launches KitKat with ruby chocolate in Japan

Nestle launches KitKat with ruby chocolate in Japan The country now has over 300 different KitKat flavors, including wasabi. Barry Callebaut said no berries, berry flavors or colors were added to make the pinkish color of the ruby chocolate. One stick will cost 400 yen ($3.60). KitKat Chocolatory Sublime Ruby will be available as of January 19 at KitKat Chocolatory stores in Japan and South Korea. [Full Article...]

Stock Performance to Track: Marathon Petroleum Corporation (MPC)

Stamps.com Inc. (NASDAQ:STMP) has risen 54.88% since January 18, 2017 and is uptrending. It has underperformed by 1.19% the S&P500. While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term. [Full Article...]

Wells Fargo online customers charged twice for bills

Wells Fargo online customers charged twice for bills It resulted in overdraft protection fees for some. Some customers got emails saying their checking accounts had nothing in them. In 2016, Wells Fargo was fined $185 million after federal regulators found that employees created millions of unauthorized bank and credit card accounts without the knowledge of its customers in order to collect financial bonuses for themselves. [Full Article...]

Dow Jones Spikes 1.3% on Strong Earnings

The Dow added nearly 280 points in early trading in NY, hitting a high of 26,081 before falling back below the 26,000 mark towards lunchtime. Boeing ( BA ) posted the biggest increase on the Dow as Bloomberg said Brazil's government is opposed breaking up Embraer but is instead offering a joint venture to develop or promote specific products. [Full Article...]

Mass. jobless rate at 3.5 percent; 63K jobs gained in 2017

Mass. jobless rate at 3.5 percent; 63K jobs gained in 2017 Victoria, at 3,900, experienced the largest decline in employment of any state during the month. Last December national unemployment was at 4.7 percent, while Wisconsin's was at 4.1 percent. By state and territory, unemployment increased in Victoria, Queensland and Tasmania, offsetting declines in New South Wales, Western Australia and South Australia. [Full Article...]

Delta Air Lines, Inc. (DAL) stock recent close stands at $59.72

Delta Air Lines, Inc. (DAL) stock recent close stands at $59.72 Currently, Delta Air Lines, Inc .net profit margin for the 12 months is at 8.67%. It has underperformed by 4.87% the S&P500. Sentry Select Capital Corp decreased its stake in Visa Inc (V) by 5.14% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

4imprint Group plc 16.4% Potential Upside Indicated by finnCap

About 479,330 shares traded. It is down 0.00% since January 17, 2017 and is. It has underperformed by 15.45% the S&P500. ITV plc operates commercial television channels in the United Kingdom. Goodbody maintained the stock with "Hold" rating in Friday, November 4 report. RBC Capital Markets maintained it with "Buy" rating and $49.0 target in Tuesday, September 5 report. [Full Article...]

Murphy Signs Another Executive Order on First Full Day in Office

Murphy Signs Another Executive Order on First Full Day in Office As New Jersey's new governor Phil Murphy was being sworn in at his inauguration, his son was busy using the spotlight to play the infamous circle game. New Jersey has a new governor. Murphy, who like Kennedy grew up in MA, also served several years under the Obama administration as ambassador to Germany. [Full Article...]

Morgan Stanley flies high on wealth management

Morgan Stanley flies high on wealth management Revenue rose to $9.5 billion from $9.02 billion in the year-ago quarter. Trading revenue, which is traditionally Morgan Stanley's biggest source of income, fell 19.5 percent to $2.25 billion. In fixed-income trading, a former problem division that Morgan Stanley sharply cut two years ago in an effort to improve profitability and focus, revenue was down 45%, failing for the first time in almost t... [Full Article...]

British government monitoring Interserve after Carillion collapse - FT

British government monitoring Interserve after Carillion collapse - FT The Financial Times reported that ministers were "very worried" about Interserve, a major player in the outsourcing industry, managing facilities including washrooms and waste management at most of Britain's busiest rail stations and some government departments. [Full Article...]

Airbus finally secures lifeline for A380 with Emirates deal

Airbus finally secures lifeline for A380 with Emirates deal Some of the new A380s, which will begin to be delivered from 2020, will be replacements for the oldest superjumbos, the airline says. If the deal had fallen through, Airbus would have had "no choice" but to close production, he had said . Airbus has twice cut the production rate of the plane in recent years, now down to eight planes annually, although executives recently indicated as little as si... [Full Article...]

Goldman Sachs Exec's Ex-Aide Accused Of $1.2M Wine Theft

Goldman Sachs Exec's Ex-Aide Accused Of $1.2M Wine Theft Court papers identify Mr. De-Meyer as the personal assistant "to an individual who collects rare and expensive wine", whom prosecutors call "the victim". De-Meyer's Manhattan apartment, then transported some of the bottles to New Jersey and shipped some to California. Solomon has been collecting wine for decades, according to the person, and accumulated many investment-grade bottles. [Full Article...]

Market Scan: Following Shares of Rice Midstream Partners LP (RMP)

Market Scan: Following Shares of Rice Midstream Partners LP (RMP) Antero Midstream GP had 28 analyst reports since May 30, 2017 according to SRatingsIntel. DA Davidson initiated Antero Midstream Partners LP (NYSE:AM) rating on Thursday, July 23. Checking up on some historical performance on shares of Magellan Midstream Partners, L.P. (NYSE:MMP), we can see that the stock price performance for the last week is 2.71%. [Full Article...]

Primark posts 7 percent sales increase

Primark posts 7 percent sales increase In terms of outlook, AB said: "Our outlook for the group is unchanged, with progress expected in adjusted operating profit and adjusted earnings for the full year". Primark UK was said to have seen "strong like-for-like sales" and therefore a "strong increase" in market share , though sales growth was held back across Europe by unseasonably warm weather in October. [Full Article...]

China's power generation grows faster in December

China's power generation grows faster in December The reading comes as China kicks its war on pollution into full gear, halving industrial production for some steel smelters and mills this winter. Last month, power production rose 6 percent, faster than 2.4 percent for November, the National Bureau of Statistics (NBS) said on its website. [Full Article...]

Why crude oil prices are on upward swing, by U.S. energy agency

Why crude oil prices are on upward swing, by U.S. energy agency As at yesterday evening, Brent crude oil price settled at N69.87 per barrel while the West Texas Intermediate ( WTI ) sold at N64.30 per barrel.The Secretary General, Organisation of the Petroleum Exporting Countries (OPEC), Mohammad Sanusi Barkindo, also identified other factors contributing to the recently gathered pace of rebalancing. [Full Article...]

Democrats win traditionally conservative Wisconsin district

Democrats win traditionally conservative Wisconsin district Democratic voters have been energized since Trump took office, and candidates have outperformed Hillary Clinton in numerous 2017 special elections. Moreover, Wisconsin Republicans may have believed that they could hold this seat despite a strong Democratic performance. [Full Article...]

NZ swept up in worldwide Dodge RAM recall

NZ swept up in worldwide Dodge RAM recall In certain "high-temperature conditions" the truck's shifter may be moved out of park when the driver isn't stepping on the brake, as would normally be required. This can occur without a key in the ignition, the press release said. In short, overheated units negatively affect the performance fo the shift interlock, potentially compromising it and causing it to fail, the company noted. [Full Article...]

Ford Ranger Pick-up facelift showcased at Detroit

Ford Ranger Pick-up facelift showcased at Detroit General Motors spent heavily to update its top-selling Chevrolet Silverado pickup, cutting up to 450 pounds of weight by using more aluminum and lighter high-strength steel. As the historic center of automakers in this country, Detroit retains the aura of putting on the most important US auto show. To this aim, the company has announced that its first fully battery electric powered SUV ... [Full Article...]

Bitcoin's Black Tuesday Crash Continues Into Wednesday - BTC Prices Hit $9000

Bitcoin and other digital currencies trade on private exchanges that have little regulation or protection for investors. But after the statement from China and South Korea, it falls up to $10,000 Dollars on Tuesday. Ethereum was down more than 20 percent also in the last 24 hours to $1,051.83 before recovering slightly. In particular, local and federal authorities should block user access to C... [Full Article...]


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