Finance

76ers GM: Markelle Fultz might not play this year

76ers GM: Markelle Fultz might not play this year Colangelo on Friday insisted there was no structural damage in Fultz's shoulder, reiterating that they're not sure how the injury occurred. He didn't appear to have problems during summer league, but at some point his shooting technique changed. [Full Article...]

Teva Pharmaceutical Industries (TEVA) Upgraded at Royal Bank of Canada

Teva Pharmaceutical Industries (TEVA) Upgraded at Royal Bank of Canada Macquarie Research initiated the stock with "Outperform" rating in Tuesday, April 5 report. BTIG Research upped their price target on shares of Teva Pharmaceutical Industries to $20.00 in a report on Friday, December 15th. San Francisco Sentry Investment Group CA bought a new position in Teva Pharmaceutical Industries during the 2nd quarter valued at $106,000. Exane Derivatives acquired a new ... [Full Article...]

DOW Plunges Another 1000 Points

DOW Plunges Another 1000 Points Several other strategists, however, have said this is an opportunity to "buy the dip". "The sellers remain in clear control right now as a lot of the excess froth we saw in January, has now been unwound or erased", said Adam Sarhan of 50 Park Investments. [Full Article...]

Amazon kicks off free Whole Foods delivery in four cities

Amazon kicks off free Whole Foods delivery in four cities They deliver items for Amazon, Prime Now, grocery delivery service AmazonFresh, Amazon Restaurants and now Whole Foods. The announcement covering Whole Foods stores in Austin, Texas; Cincinnati; Dallas; and Virginia Beach, Va., was not a surprise here . [Full Article...]

BC to hike minimum wage by $1.30 in June

BC to hike minimum wage by $1.30 in June In 2015, Vancouver Mayor Gregor Robertson pointedly called for the $15 wage, dubbing it an issue of affordability. The BC Federation of Labour released a statement saying a three year wait for a $15 minimum wage was "disappointing", while the Surrey Board of Trade said the timeline was too quick. [Full Article...]

U.S. stocks are getting creamed as a volatile week rages on

U.S. stocks are getting creamed as a volatile week rages on European markets had already fallen substantially on Thursday so their declines were not as deep as those seen elsewhere. The Nasdaq was down 275 points to 6,777, a 3.90 percent decline. The late rally across US equity markets Friday could bode well for the next opening of markets on Monday. As a percentage, shares have taken a battering, but the weekly losses for both the Dow and the much... [Full Article...]

Sensex Plunges to 34005 Points After Banking Stocks Nosedive

Sensex Plunges to 34005 Points After Banking Stocks Nosedive In the broader markets, the S&P BSE mid-cap index edged higher by 1.82 per cent and the small-cap index by 2.25 per cent. Tokyo's benchmark index plunged more than two percent on Friday after European and United States stocks suffered big drops as volatility continued to dog equity markets. [Full Article...]

State Bank of India posts third-quarter loss

State Bank of India posts third-quarter loss Deposits grew by just 1.86% year-on-year to Rs 26.51 lakh crore, the bank said. The year-ago numbers have been restated after the merger. Over Rs 6,000 crore in provisions was due to the divergences. The Rs 20,000 crore infusion will reduce government stake by up to 4 percentage points, he said. Loan growth: After a period of sluggishness, system loan growth has started reviving and touche... [Full Article...]

LL Bean Terminates Legendary Lifetime Returns Policy

LL Bean Terminates Legendary Lifetime Returns Policy Bean offered to exchange or get a replacement for even the oldest and most beat-up items a customer said they were unhappy with, whether they'd actually bought the items from L.L. In the past, L.L. Bean would accept nearly any return in exchange for a new unit of the same product, the most comparable product now available, or a store gift card valued at the last known sale price of the returned it... [Full Article...]

Direct London To Amsterdam Trains Will Run From April

Direct London To Amsterdam Trains Will Run From April Eurotunnel, which published an independent study on potential destinations in 2014, has been working closely with Eurostar for many years on the development of new traffic through the Channel Tunnel. The Eurostar train arrives at Rotterdam Central Station, on February 1, 2018. During the initial period, return journeys will connect through Brussels on a Thalys service, where passport contr... [Full Article...]

The Coca-Cola Co (KO) Shares Sold by First Allied Advisory Services Inc

The Coca-Cola Co (KO) Shares Sold by First Allied Advisory Services Inc About 21.06 million shares traded or 74.20% up from the average. The Coca-Cola Company (NYSE:KO) lost -3.28 Percent and closed its previous trading session at $43.1. In terms of performance, shares of Coca-Cola Bottling Co. The returns on assets were 3.60% that gives an idea about how efficient management is at using its assets to generate earnings. [Full Article...]

Duke Realty (NYSE:DRE) Issues FY18 Earnings Guidance

Duke Realty Corporation (NYSE:DRE) for the trailing twelve months paying dividend with the payout ratio of 76.03% to its shareholders. Daily price fluctuations affect a lot of traders, in order to stop that and fully focus on the stock, investors and traders prefer to use 200-day moving average. [Full Article...]

Amazon Set To Launch Business Delivery Service That Rivals FedEx, UPS

Amazon Set To Launch Business Delivery Service That Rivals FedEx, UPS Dubbed "Shipping with Amazon" (SWA), the service will pick up packages from businesses and deliver them to customers. The "Shipping With Amazon" service, which is slated to launch in Los Angeles over the next few weeks, will initially focus on the delivery of orders from Amazon and third-party suppliers which sell via its website. [Full Article...]

Oil sinks as U.S. output soars, wiping out 2018 gains

Oil sinks as U.S. output soars, wiping out 2018 gains It is above that of top exporter Saudi Arabia's and within reach of Russia's. Russian Federation has maintained its side of the deal with steady production of 10.95 million barrels a day. Total volume traded was about 43 per cent below the 100-day average. U.S. West Texas Intermediate (WTI) crude was down 90 cents at $60.25 a barrel, having settled down 1 percent in the previous session, its l... [Full Article...]

Selena Gomez Doesn't Think She'll "Ever Overcome" Her Depression And Anxiety

Selena Gomez Doesn't Think She'll Furthermore, she also discussed how today's young people are more open and honest with how they are feeling: "Mainly I think it's the freedom to express ourselves and be who we are in an unapologetic way". Selena Gomez graces the cover of Harper's Bazaar . Due to this Selena has chose to focus on putting her health first this year. "It has given me a voice amid all the noise of people trying... [Full Article...]

MGM Resorts International (MGM), Cabot Oil & Gas Corporation (COG)

The institutional investor held 2,770 shares of the business services company at the end of 2017Q3, valued at $263,000, down from 8,600 at the end of the previous reported quarter. Morgan Stanley initiated the shares of MGM in report on Friday, May 6 with "Overweight" rating. JP Morgan downgraded the stock to "Neutral" rating in Friday, May 6 report. [Full Article...]

Waymo and Uber reach settlement

Waymo and Uber reach settlement The people asked not to be identified because the settlement talks were confidential. As a result, Uber will pay Alphabet a hefty sum (in the eyes of mere mortals): $244 million. The company's executives, pushing full throttle on making Uber the most popular and dominant ride-hailing service, had cultivated a hyper aggressive culture that took little notice of regulations and standard business... [Full Article...]

Bank of England likely to raise interest rates in May

Bank of England likely to raise interest rates in May The Monetary Policy Committee ( MPC ) of the Reserve Bank of India Wednesday kept the short-term lending rate, also known as repo rate unchanged at 6 per cent in its sixth bi-monthly policy review of the fiscal year. "Bonds were pricing in 50-75bps rate hike in FY 2019, some of which can get unwound", said Kunal Shah, fund manager - debt, Kotak Mahindra Life Insurance. [Full Article...]

Bank deputy governor urges calm on markets

Bank deputy governor urges calm on markets Paul Hollingsworth, senior United Kingdom economist at Capital Economics said: "Today's releases pave the way for an interest rate hike in May, and we think that the MPC will hike a further two times this year, taking Bank Rate to 1.25%". 'Now is the time to act. In November, the bank had signalled it expected two hikes over the following three years. Let's not wait for another economic crisis b... [Full Article...]

Some Flights To, From Cherry Capital Airport Canceled Because of Winter Storm

Some Flights To, From Cherry Capital Airport Canceled Because of Winter Storm Schools and travel saw major impacts across the Midwest on Friday as Winter Storm Mateo dumped inches of snow across a large section of the nation's heartland. The snowfall caused dozens of crashes on icy Chicago expressways as residents of the third-biggest US city struggled to get to work and to dig out from a storm system stretching from western Montana to southern MI. [Full Article...]


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