Finance

Standard Life Aberdeen to sell insurance arm for £3bn

Standard Life Aberdeen to sell insurance arm for £3bn Shares of Standard Life Aberdeen ( LON SLA ) opened at GBX 385.70 ($5.33) on Friday. The sale of Standard Life Assurance is worth £3.24bn of which £2.28bn will be in cash. However, the recent announcement of the termination of Aberdeen's legacy mandate with Scottish Widows with an AUM of £109bn "puts pressure on the original deal economics" according to Paul McGinnis an analyst at broker Shore... [Full Article...]

Amazon to open more cashier-less stores this year

Amazon to open more cashier-less stores this year It's unclear if Amazon will open more outlets in different locations this year. Rumours are swarming that online retail giant Amazon has plans to open as many as six more of its cashierless "Amazon Go" stores in the U.S. Customers enter the store by scanning a code on their phone, which lifts a barrier and allows entry. Inside the store, a system of computer vision, AI, and other sensors detec... [Full Article...]

USA settlement looms over RBS results

USA settlement looms over RBS results By late morning trade on the London Stock exchange, shares in RBS were down 4.57% to 269.1p. Indeed, the bank warned today that it may face substantial additional charges and costs in the coming months. Consensus for 2017 had expected a GBP592.0 million attributable loss. McEwan, a New Zealander who has run RBS since 2013, later told reporters that he plans to stay at the bank until it has set... [Full Article...]

Bahrain rights activist sentenced to five years in prison

Bahrain rights activist sentenced to five years in prison Bahrain hosts the USA fifth fleet, a a major naval base in a region where tensions between Bahrain's main ally, Saudi Arabia, and Iran are on the rise. Western diplomats were on hand for Rajab's sentencing hearing Wednesday in Manama, Bahrain's capital. On March 14, 2011, troops from Saudi Arabia and the United Arab Emirates were deployed to assist Bahrain in its crackdown. [Full Article...]

Snapchat finally responds to user outcry over redesign

Snapchat finally responds to user outcry over redesign Further, the company stated that they are aware that those who signed the petition found the re-designed Snapchat a little awkward. "It sucksssss 9 feel like there is no connection anymore", one user wrote. Ultimately though, Snap is saying that it's leadership though long and hard about the redesign of the app and has thus far no intention of reversing the direction they chose to take. [Full Article...]

Home Depot (HD) Given a $222.00 Price Target at Credit Suisse Group

Home Depot (HD) Given a $222.00 Price Target at Credit Suisse Group It has outperformed by 7.27% the S&P500. Kenneth Mario Garschina increased its stake in Bhp Billiton Plc (BBL) by 85.15% based on its latest 2017Q3 regulatory filing with the SEC. The stock of Owens Corning (NYSE:OC) earned "Outperform" rating by Wedbush on Friday, March 31. The stock has "Buy" rating by Stifel Nicolaus on Tuesday, August 2. [Full Article...]

Britain's Largest Energy Supplier to Cut 4000 Jobs

Britain's Largest Energy Supplier to Cut 4000 Jobs The utility, which owns household energy supplier British Gas and Bord Gáis Energy, shocked the market in November saying its full-year adjusted earnings per share would be around 12.5 pence, against forecasts of 15 pence. The union's national energy officer, Matt Lay, said: "Staff quite simply will be devastated. That means others are going to hurt first and more than us as long as we maintai... [Full Article...]

Lecturers on strike at University of Essex over pension changes

Lecturers on strike at University of Essex over pension changes But it isn't just final year politics students who are taking action, Hermione says others are making their voices heard too: "We know that English Literature are writing a letter and the other years below us are considering writing a letter". [Full Article...]

Uber will invest 'aggressively' in SE Asia after SoftBank deal

Uber will invest 'aggressively' in SE Asia after SoftBank deal Its CEO Dara Khosrowshahi said the country, identified as a key growth market, will remain in focus and investor SoftBank may not exclusively drive the strategy. Khosrowshahi said that Uber has just brought the price, demand and supply model to users for now and was planning to soon expand to other product portfolios. [Full Article...]

Toys "R" Us closing 200 more stores

Toys Last month, the retailer announced plans to close 180 stores nationwide, including the Babies "R" Us in Orange Park . The 200 store closings would be in addition to the approximately 170 USA stores where Toys R Us now is holding going out of business sales. [Full Article...]

Air France passengers grounded by strike

Air France passengers grounded by strike By 1240 BST, Air France shares were 0.50% lower at €10.02. It is offering a basic increase of 1 per cent and a top-up for ground staff. Air France expects to cancel half of its long-haul flights Thursday due to strikes that have been called by several labor unions. [Full Article...]

Chesapeake Energy Corporation (NASDAQ:CHK) Expected To Report Earnings On Thursday

Chesapeake Energy Corporation (NASDAQ:CHK) Expected To Report Earnings On Thursday Among new and sold out positions, 66 holders initiated new positions by a total of 11.1 million shares and 54 holders exited their positions by a total of 16.17 million shares. Another negative earnings reaction could spark a flood of price-target cuts for CHK stock. Receive Chesapeake Energy Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily s... [Full Article...]

Bigelow Aerospace's new company will find customers for its space habitats

Bigelow Aerospace's new company will find customers for its space habitats And launch companies, including SpaceX have made wonderful progress, encouraging enough that Bigelow thinks there could be a huge market for management in space. Both of these flying laboratories have created research opportunities for scientists experimenting in microgravity and space engineers seeking to solve the challenges of living and working in a vacuum. [Full Article...]

Cisco Systems, Inc. (CSCO) — Recommendation Trends for

The Relative Volume of the company is 1.1 and Average Volume (3 months) is 26 million. It has underperformed by 16.70% the S&P500. Cisco Systems (NASDAQ: CSCO ) last issued its earnings results on Wednesday, February 14th. Shares of Cisco Systems, Inc. Cowen & Co maintained it with "Buy" rating and $38.0 target in Tuesday, September 5 report. The rating was downgraded by Standpoint Research to "... [Full Article...]

Albas disappointed by Alberta ban of BC wine

Albas disappointed by Alberta ban of BC wine British Columbia has said it would restrict increased shipments of bitumen while it continues to study the effectiveness of spill response and cleanup. "An escalating trade war is a huge issue", he said. Prodan also noted that an estimated 25 per cent of space on Alberta liquor store shelves is for B.C. [Full Article...]

Cedar Hill Associates LLC Boosts Stake in Walt Disney Co (DIS)

New England Research & Management Inc. lowered its holdings in Walt Disney Co (NYSE: DIS ) by 16.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. 592 shares were sold by Huber Martin H. Jr., worth $70,211. Another trade for 4,906 shares valued at $465,040 was made by Hawkins Mark J on Friday, September 22. [Full Article...]

Edgestream Partners LP Has $625000 Stake in American Tower Corp (AMT)

Cambridge Financial Group Inc decreased Boeing Co (BA) stake by 1.55% reported in 2017Q3 SEC filing. It also increased its holding in Starwood Ppty Tr Inc (Prn) by 15.00 million shares in the quarter, for a total of 33.73M shares, and has risen its stake in Advanced Micro Devices Inc (Prn). [Full Article...]

Whistleblowers lose a shield, but so do employers

Whistleblowers lose a shield, but so do employers Somers that the term "whistleblower" under the Dodd-Frank Wall Street Reform and Consumer Protection Act does not include individuals who report violations of securities laws internally to their companies but not to the United States Securities and Exchange Commission . [Full Article...]

Bill Gates asked price of everyday items, quotes majority wrong

Bill Gates asked price of everyday items, quotes majority wrong DeGeneres asked Gates when was the last time he had been to a grocery store, he replied, "Long time ago". Despite his lack of knowledge of prices, the audience still got their prize-an invitation back to the show where actual prizes will be given away. [Full Article...]

Edwards & Company Inc. Sells 5973 Shares of The Coca-Cola Co (KO)

Howard Capital Management who had been investing in Coca Cola Co for a number of months, seems to be bullish on the $184.66 billion market cap company. Foster Dykema Cabot And Ma holds 59,010 shares. Winslow Evans Crocker holds 12,778 shares. Greatmark Prns holds 145,457 shares. Parametric Portfolio Associates LLC boosted its position in shares of The Coca-Cola by 5.1% in the 3rd quarter. [Full Article...]


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