Economy

Facebook's latest News Feed update will prioritize trustworthy publishers

Facebook's latest News Feed update will prioritize trustworthy publishers According to Zuckerberg , Facebook considered making the decision on news sources itself or consulting outside experts, but ultimately felt that going to the community would be the most "objective" method of determining which news sources are most broadly trusted. [Full Article...]

Financial Engines Inc (NASDAQ:FNGN): Stock Institutional Investors Feel Good About

About 1.95 million shares traded. Exxon Mobil (NYSE: XOM ) last released its earnings results on Friday, October 27th. It has underperformed by 25.78% the S&P500. Wascom Dennis G sold $200,293 worth of stock or 2,412 shares. $996,628 worth of Exxon Mobil Corporation (NYSE: XOM ) shares were sold by Chapman Neil A . [Full Article...]

Dow closes above 26000 for the 1st time, up more than 300pts

Dow closes above 26000 for the 1st time, up more than 300pts However, she said optimism was still intact. The fact that stocks could be entering this phase, however, doesn't necessarily mean the bull market will unravel overnight. Viacom tumbled 7 percent after following several reports saying the media company is not in talks to merge with CBS Corp. Last week, the number of individual investors who said they were "bullish" jumped to almost 60%, the highe... [Full Article...]

Tronc That! Los Angeles Times Journalists Vote To Unionize

Tronc That! Los Angeles Times Journalists Vote To Unionize Levinsohn was reportedly again among the defendants listed in a harassment lawsuit in 2006, this time while working as an executive senior vice president for News Corp. At a lunch for the publication The Hollywood Reporter, Levinsohn once referred to the male guests with a derogatory word for gay men. The publishing company found out about the allegations earlier this week and immediately laun... [Full Article...]

Jio joy for Reliance earnings

Jio joy for Reliance earnings Reliance Jio , the latest entrant to the Indian telecom market, has reported a 451% growth in its profit before finance and tax costs and reported its first ever net profit of Rs 504 cr. 84,189 crore in the corresponding period of the previous year. "Refining business has delivered 12 consecutive quarter of double-digit refining margins, demonstrating operating excellence and healthy industry fu... [Full Article...]

Emirates throws Airbus A380 a lifeline with jumbo order

Emirates throws Airbus A380 a lifeline with jumbo order It and Airbus said Thursday that the Dubai-based carrier would definitely buy 20 of the planes, and retained an option to take 16 more. Days later, Airbus revealed an enormous 430-jet, $50 billion order from private equity firm Indigo Partners, which will distribute the planes among its low-priced airlines. [Full Article...]

Latest News Update On South Korean Government and Bitcoin cryptocurrency

Latest News Update On South Korean Government and Bitcoin cryptocurrency Investors in South Korea and Japan, the two largest cryptocurrency trading nations, were sitting on the sidelines Tuesday waiting for the regulatory uncertainty to clear before placing further bets, said Greenspan. The fall in price was linked to reports about regulation in countries such as China and South Korea. Looking at the Bitcoin Price Index, the midday trading performance... [Full Article...]

Risky factor of Time Warner Inc. (TWX) is observed at 0.96

The stock decreased 0.03% or $0.03 during the last trading session, reaching $91.88. About 39,653 shares traded. It has outperformed by 46.59% the S&P500. Aureus Asset Management LLC now owns 3,582 shares of the media conglomerate's stock worth $360,000 after buying an additional 25 shares in the last quarter. [Full Article...]

Education Realty Trust Inc (NYSE:EDR) Institutional Investors Quarterly Sentiment

Education Realty Trust Inc (NYSE:EDR) Institutional Investors Quarterly Sentiment With 300,100 avg volume, 1 days are for CYTODYN INCORPORATED (OTCMKTS:CYDY)'s short sellers to cover CYDY's short positions. With this ratio, investors can better estimate how well a company will be able to pay their long and short term financial obligations. [Full Article...]

ST Ives (SIV) Rating Reiterated by Peel Hunt

ST Ives (SIV) Rating Reiterated by Peel Hunt Royal Bankshares Of Canada has 0% invested in Sky plc (LON:SKY). It has underperformed by 52.11% the S&P500. Numis Securities lifted their price target on ST Ives from GBX 125 ($1.70) to GBX 130 ($1.76) and gave the company a "buy" rating in a research note on Thursday, November 30th. [Full Article...]

Retailers experienced the lowest sales growth since 2013 previous year

Retailers experienced the lowest sales growth since 2013 previous year The fall in sales was led by a 1.3% month-to-month decline in non-food sales, a 1.1% drop in food stores sales and a 4.8% decline in quantities not bought in-store. The ONS said within these categories the highest spending rise was on the purchase of vehicles. Black Friday has disrupted the Christmas shopping season since the American bargain frenzy was introduced in the United Kingdom in 2010. [Full Article...]

Uber founder becomes billionaire as Softbank completes US$9.3bn investment

Uber founder becomes billionaire as Softbank completes US$9.3bn investment The blended valuation is $54 billion. It has been widely reported that Kalanick has sold $1.4 billion worth of stocks. Travis Kalanick is a man who presided over a rampant culture of sexism, the covering up of a major hack, spying on journalists and, allegedly, the theft of trade secrets from Google. [Full Article...]

Fiat Chrysler moving heavy-duty truck production from Mexico to MI

Fiat Chrysler moving heavy-duty truck production from Mexico to MI It closed at $2.54 lastly. Some buy side analysts are also providing their Analysis on Fiat Chrysler Automobiles N.V., where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 3 said it's a HOLD, and 0 analysts rated the stock as Sell. [Full Article...]

HSBC to pay US$100m to end US currency-rigging probe

HSBC to pay US$100m to end US currency-rigging probe HSBC Holdings (LON:HSBA) has agreed to pay $101.5 million to settle a foreign exchange investigation in the United States, the Asia-focused lender has said. In total, HSBC admitted to making profits of approximately USD38.4 million on the first transaction in March 2010, and approximately USD8 million on the Cairn Energy transaction in December 2011. [Full Article...]

Monthly Amazon Prime memberships just got more expensive

Monthly Amazon Prime memberships just got more expensive It will still cost $99 for an annual membership for those who pay up front. In October, Amazon launched a Prime Student offer at $5.49 per month, which is now $6.49. The annual membership continues to be the more popular payment option, partly because it's been around much longer than the monthly option. Customers that pay for Prime on a yearly basis will not see a price increase. [Full Article...]

Cetera Advisors LLC Sells 3764 Shares of Kimberly Clark Corp (KMB)

Sunbelt Securities Inc. now owns 2,546 shares of the company's stock valued at $350,000 after buying an additional 17 shares during the last quarter. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. 4,000 CDW Corporation (NASDAQ:CDW) shares with value of $278,120 were sold by CORLEY CHRISTINA M. $143,472 worth of CDW Corporation (NASDAQ:CDW) shares were sold ... [Full Article...]

What's Next For DACA? Immigration Attorney Weighs In

What's Next For DACA? Immigration Attorney Weighs In This isn't going to solve everything at once, but it does solve a very important piece. President Donald Trump says a program to protect immigrants brought into the USA illegally as children is " probably dead ". Trump tossed the issue to Congress to act before March. The decline in wages and accessibility to these types of blue-collar jobs likely have more to do with the technological revol... [Full Article...]

House Speaker Paul Ryan confident bill will pass to avoid government shutdown

House Speaker Paul Ryan confident bill will pass to avoid government shutdown Republicans control the House, the Senate and the presidency, but they still may not be able to garner the votes needed to pass even a short-term government spending bill . Ryan intervened and Trump reversed course. But bipartisan congressional negotiations with the White House faltered last week, prompting Republican leaders to begin pushing for the passage of the stopgap measure. [Full Article...]

Punjab government lost 40 per cent revenue due to faulty GST: Congress

Punjab government lost 40 per cent revenue due to faulty GST: Congress The will demand that cement, paints, varnishes, and construction materials, like glaziers' putty, grafting putty, resin cements, caulking compounds and other mastics, painters' fillings, be brought under the GST ambit. Punjab Finance Minister Manpreet Badal said nearly all the claims made by the NDA government while rolling out the GST have fallen flat. He said the tinkering of the GST rates in ... [Full Article...]

Amazon passes on LA for site of its 2nd headquarters

Hartford and Stamford, which Gov. Dan Malloy (D-Conn.) and the state of CT submitted as an official bid to Amazon for their massive headquarters site. The company's announcement last fall that it was looking for a second home launched a fierce competition among cities looking to lure Amazon and its promise of 50,000 new jobs and construction spending of more than $5 billion. [Full Article...]


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