Finance

Lego's posted its first fall in sales since 2004

Lego's posted its first fall in sales since 2004 The group admitted it had put in a disappointing performance as it reported pre-tax profits of 10.2 billion Danish krone (£1.2bn) against kr12.4bn (£1.5bn) the previous year. Lego added that it saw "strong potential" for the business after sales in China enjoyed double digit growth. It recently signed a partnership agreement with one of the country's largest internet companies, Tencent, and has p... [Full Article...]

Coca-Cola To Launch Alcoholic Beverage In Japan

Coca-Cola To Launch Alcoholic Beverage In Japan About 3.29 million shares traded or 61.57% up from the average. Coca-Cola Bottling Co. Consolidated (COKE) has risen 61.47% since March 7, 2017 and is uptrending. Telsey Advisory Group downgraded the shares of LOW in report on Thursday, November 17 to "Market Perform" rating. The firm earned "Sell" rating on Monday, January 9 by Goldman Sachs. [Full Article...]

US Military Using Google TensorFlow To Train And Build Drone AI

US Military Using Google TensorFlow To Train And Build Drone AI A press release from the Defense Department last June notes that "Project Maven focuses on computer vision - an aspect of machine learning and deep learning - that autonomously extracts objects of interest from moving or still imagery". [Full Article...]

Oil prices mixed; weak dollar vies with expected US crude build

Oil prices mixed; weak dollar vies with expected US crude build This was a bounce up from Friday's two-and-a-half-week lows of $61.13. Brent crude futures rose 25 cents to settle at US$65.79 a barrel (RM256.79), a 0.4 per cent gain. The EIA expects USA crude output in the fourth quarter of 2018 to reach an average of 11.17 million bpd, and for 2019 it forecasts a crude production increase of 570,000 bpd to 11.27 million bpd. [Full Article...]

All the best jokes, quotes and speeches from last night's Oscars

All the best jokes, quotes and speeches from last night's Oscars Sobering news fell across Hollywood this morning as reports emerged suggesting that the telecast of the 90th Academy Awards ceremony had reached fewer viewers than anticipated. While the creative team behind " The Shape of Water " gathered the most statues, no movie dominated the evening. Gary Oldman picked up the best actor prize for transforming into Winston Churchill in " Darkest Hou... [Full Article...]

Focus at Four: Economic effect of proposed steel, aluminum tariffs

Focus at Four: Economic effect of proposed steel, aluminum tariffs The US president's proposed global duties on steel and aluminium have raised the prospect of a tit-for-tat trade war. "Not to mention construction". We can not lose our steel industry. "The United States has been taken advantage of by other countries both friendly and not so friendly for many, many decades", Trump said, complaining about what he said was the United States's $800 billion trad... [Full Article...]

South Africa's fourth quarter GDP expands by 3.1 percent quarter-on-quarter

South Africa's fourth quarter GDP expands by 3.1 percent quarter-on-quarter Gross domestic product rose 1.5 percent on an unadjusted year-on-year basis in the fourth quarter versus 1.3 percent in the third quarter. In the third quarter, the economy grew by 2.3 percent quarter on quarter, demonstrating a resilience that suggested it was in better shape than most economists had previously thought. [Full Article...]

Target's Results Benefit From Strong Holiday Sales

Target's Results Benefit From Strong Holiday Sales The retailer reported $1.37 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.02). Vanguard Group Inc is the second biggest holder with 38 million shares now valued at 2.23 B million whilst Dodge & Cox has 20 million shares valued at 1.20 B million. [Full Article...]

Senate Takes First Step to Pass Bill Overhauling Dodd-Frank

Senate Takes First Step to Pass Bill Overhauling Dodd-Frank Joe Donnelly of IN, who rounded out the four Democrats on the Banking Committee who helped negotiate the bill , said a number of House provisions have been included IN the Senate deal so it gives the lower chamber - which failed to enact a separate bill to go much further to overhaul Dodd-Frank last June - ownership of the legislation. [Full Article...]

Ripple's XRP Token Takes a Hit as Coinbase Denies New Asset Rumours

Ripple's XRP Token Takes a Hit as Coinbase Denies New Asset Rumours US-based cryptocurrency exchange and wallet service Coinbase sent an official notice Friday, Feb. 23 to roughly 13,000 of its customers whose information is legally required to turn over to the US Internal Revenue Service (IRS). Coinbase said it had been considering launching the fund for some time. The IRS had at the outset asked Coinbase in July 2017 to hand over even more detailed information... [Full Article...]

Wendy's Keeps up Its Beef With McDonald's

Wendy's Keeps up Its Beef With McDonald's It has reportedly cost McDonald's $ 60 million to transition from frozen to fresh. McDonald's is now serving fresh beef that is "cooked right when ordered" at 3,500 of its locations spread across eight cities in the United States. And a bit more extreme: "Turkey or chicken burgers please". However, Jasper was able to show the franchisees that fresh beef was a great choice and was able to ... [Full Article...]

(SBUX) is Vista Capital Partners Inc.'s 10th Largest Position

Marvin & Palmer Associates Inc decreased its stake in Amphenol Corporation (APH) by 43.79% based on its latest 2017Q3 regulatory filing with the SEC. Insiders have sold a total of 247,826 shares of company stock worth $14,213,139 over the last ninety days. [Full Article...]

UK Freight Forwarding Gets a Boost from National Apprenticeship Week 2018

UK Freight Forwarding Gets a Boost from National Apprenticeship Week 2018 The event, part of National Apprenticeship Week , saw as many as 70 MPs participating in a range of fun activities created to showcase the range of skills required to work in the beer and pub sector. Jake Tween, Head of Apprenticeships at ILM, commented on the findings: "Deeply ingrained associations with trade, low wages and a perception that they put a glass ceiling on progression, mean that ap... [Full Article...]

Laffer Investments Sells 2390 Shares of Walt Disney Co (NYSE:DIS)

Geode Capital Management LLC now owns 16,886,345 shares of the entertainment giant's stock valued at $1,811,851,000 after purchasing an additional 61,296 shares in the last quarter. Hilliard Lyons upgraded the shares of DIS in report on Tuesday, August 25 to "Buy" rating. UBS maintained The Home Depot, Inc. (NASDAQ:PCLN) has "Overweight" rating given on Friday, August 5 by Piper Jaffray. [Full Article...]

20-Year-Old Sues Dick's, Walmart Over New Gun Policies

20-Year-Old Sues Dick's, Walmart Over New Gun Policies Among 36 analysts covering Dick's Sporting Goods Inc. It has underperformed by 18.05% the S&P500. The stock of American States Water Company (NYSE:AWR) is a huge mover today! The stock decreased 1.00% or $0.32 during the last trading session, reaching $31.59. [Full Article...]

Wynn Resorts (NASDAQ:WYNN) Rating Increased to Positive at UBS Group

Wynn Resorts (NASDAQ:WYNN) Rating Increased to Positive at UBS Group Wynn Resorts (NASDAQ WYNN) traded down $4.08 during trading hours on Thursday, reaching $163.42. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since March 4, 2017 and is uptrending. On Tuesday, March 15 the stock rating was initiated by Deutsche Bank with "Hold". As per Thursday, November 2, the company rating was maintained by Maxim Group. [Full Article...]

Newell Brands (NWL) Given Buy Rating at Citigroup

Newell Brands (NWL) Given Buy Rating at Citigroup Patten Group Inc increased its stake in Hanesbrands Inc (HBI) by 1196.93% based on its latest 2017Q3 regulatory filing with the SEC. CIBC World Markets Inc. Finally, MetLife Investment Advisors LLC bought a new stake in Newell Brands in the 4th quarter valued at about $4,686,000. Finally, Deutsche Bank initiated coverage on shares of Newell Brands in a research note on Wednesday, December 13th. [Full Article...]

Qualcomm price may be too high for Broadcom merger

Qualcomm price may be too high for Broadcom merger Capstone Investment Advisors Netherlands B.V. purchased a new stake in shares of QUALCOMM in the 2nd quarter valued at about $141,000. Bowling Portfolio Management Llc, which manages about $492.89M and $665.23 million US Long portfolio, upped its stake in Futurefuel Corporation (NYSE:FF) by 48,196 shares to 92,129 shares, valued at $1.45 million in 2017Q3, according to the filing. [Full Article...]

ED summons top bank chiefs as PNB fraud probe widens

ED summons top bank chiefs as PNB fraud probe widens The SFIO has summoned ICICI Bank Chief Chanda Kochhar and Axis Bank's Shikha Sharma for interrogation in connection with the big bank scam. Meanwhile, ICICI Bank has said that it has worked with Choksi but has no ties with jewellery designer Nirav Modi , who is Choksi's nephew. [Full Article...]

Arkansas gets Medicaid work requirement

Arkansas gets Medicaid work requirement Gov. Asa Hutchinson announced Monday that the Centers for Medicare and Medicaid Services approved the requirement for Arkansas' program, which uses Medicaid funds to purchase private insurance for low-income residents. The requirement to spend at least 80 hours a month working or on other approved activities will apply this year to people enrolled in Arkansas Works who are ages 30-49 and next year... [Full Article...]


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