Economy


Frontier Airlines adds flights out of Milwaukee Frontier Airlines adds flights out of Milwaukee
- February 09, 2018

Frontier Airlines will start by offering one-way service to Denver, Orlando and Philadelphia from Birmingham. Bob Westgate, director of network scheduling for Frontier said the expansion is due in part to the Western New York and Canadian region embracing their brand since starting service at the airport this past December . (more...)
Nuggets' franchise value skyrockets year over year Nuggets' franchise value skyrockets year over year
- February 09, 2018

The Knicks have been shut out of the playoffs since 2013 but their value rose to $3.6 billion, up 9 percent from a year ago, due to renovations to Madison Square Garden which produced new revenue opportunities from sponsorships and seating. (more...)
Super Bowl blackout as NBC broadcast briefly goes dark Super Bowl blackout as NBC broadcast briefly goes dark
- February 08, 2018

The Super Bowl was humming along like a well-oiled machine as anticipated movie trailers dropped (like the Han Solo teaser and the latest Cloverfield reveal ) but then there was a complete blackout, which immediately set off conspiracy theories. (more...)
Girl Scout sells 300 boxes in front of pot dispensary Girl Scout sells 300 boxes in front of pot dispensary
- February 07, 2018

Alison Bushan, a Girl Scouts San Diego spokesperson, diplomatically deemed this approach a "gray area" in the policies governing cookie sales. Urbn Leaf founder Will Senn said the girl was passing by with her parents and wagon of cookies and he wanted to help them fundraise. (more...)
BP Sees Five-Fold Rise In Q4 Earnings Amid Higher Oil Prices BP Sees Five-Fold Rise In Q4 Earnings Amid Higher Oil Prices
- February 07, 2018

The blast killed 11 men off the coast of Louisiana and caused 134 million gallons (507 million litres) of oil to spew into Gulf waters, sparking the worst environmental catastrophe in USA history. Adjusted net income of $2.11 billion beat analysts' expectations of $1.95 billion. BP also took a one-off charge of $900m to adjust to new USA tax rules, although it expected a long-term boost from the lowered corporate tax rates. (more...)
Analysts Set Expectations for Microsoft Co.'s Q3 2018 Earnings (MSFT)
- February 04, 2018

Many analysts are providing their Estimated Earnings analysis for Microsoft Corporation and for the current quarter 30 analysts have projected that the stock could give an Average Earnings estimate of $0.82/share. Sei Investments Communication stated it has 0% of its portfolio in Moog Inc. Therefore 35% are positive. Microsoft Corporation had 165 analyst reports since July 22, 2015 according to SRatingsIntel. (more...)
Betting On Southwest Airlines Co. (NYSE:LUV) ? Betting On Southwest Airlines Co. (NYSE:LUV) ?
- February 04, 2018

The stock decreased 0.33% or $0.11 during the last trading session, reaching $33.05. About 7.07 million shares traded or 60.64% up from the average. (NYSE: LUV ) on Monday, January 8 with "Buy" rating. (NASDAQ: AAL ) for 15,000 shares. The airline reported $0.95 EPS for the quarter, beating analysts' consensus estimates of $0.92 by $0.03. (NASDAQ: AAL ) has "Underperform" rating given on Tuesday, October 10 by Bank of America. (more...)
EBay to ditch PayPal for Dutch processor Adyen; PayPal drops EBay to ditch PayPal for Dutch processor Adyen; PayPal drops
- February 02, 2018

Marketplace business, which sets eBay on a stronger trajectory entering 2018", Baird Equity Research analyst Colin Sebastian said. It's now above $100 billion. Following its early association with eBay, PayPal is now working to establish itself as a payment processor for financial institutions, large companies and their customers - notching partnerships with companies such as Google, Apple Inc, JPMorgan Chase & Co, Mastercard and Visa. (more...)
Twenty-First Century Fox, Inc. (FOXA), Celgene Corporation (CELG) — Hot Trending Stocks
- January 31, 2018

The Stock now has a Weekly Volatility of 2.38% and Monthly Volatility of 2.06%. Rafferty Asset Management LLC now owns 26,366 shares of the company's stock valued at $735,000 after acquiring an additional 7,373 shares in the last quarter. Texas Permanent School Fund accumulated 80,091 shares or 0.08% of the stock. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. (more...)
Peel Hunt Reaffirms Buy Rating for Tarsus Group (LON:TRS) Peel Hunt Reaffirms Buy Rating for Tarsus Group (LON:TRS)
- January 31, 2018

Therefore 78% are positive. UBM Plc had 207 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Tuesday, March 29 by Panmure Gordon. Peel Hunt's target price would indicate a potential upside of 10.14% from the company's current price. It also sells used vehicles; supplies other related goods and services; and offers fleet management services. (more...)
LMR Partners LLP Reduces Position in Wynn Resorts, Limited (WYNN) LMR Partners LLP Reduces Position in Wynn Resorts, Limited (WYNN)
- January 31, 2018

The insider, MADDOX MATT , now holds 328,426 shares of WYNN . Toronto Dominion Bank now owns 27,068 shares of the casino operator's stock worth $3,629,000 after purchasing an additional 5,593 shares during the last quarter. Ten research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company's stock. (more...)
Dow tumbles 362 points as health care stocks drag on Wall Street Dow tumbles 362 points as health care stocks drag on Wall Street
- January 31, 2018

The VIX uses bullish and bearish option bets on the S&P 500 index to reflect expected volatility over the coming 30 days, and it typically rises as stocks fall. Harley-Davidson dropped 7.7 percent after the motorcycle maker forecast a drop in shipments this year. The Nasdaq is up 563.11 points, or 8.2 percent. (more...)
Freeport-McMoRan (FCX) Given Daily Coverage Optimism Score of 0.21 Freeport-McMoRan (FCX) Given Daily Coverage Optimism Score of 0.21
- January 29, 2018

Freeport-McMoRan Inc. ( FCX ) stock price escalated 0.15% to finalize at $19.99 throughout previous buying and selling session. (NYSE: FCX ) for 68,620 shares. When the security reading is between 70 and 100, the security is supposed to be heavily bought and is ready for a downward correction. (NASDAQ:GTHX) to report $-0.58 EPS on February, 14.After having $-0.55 EPS previously, G1 Therapeutics, Inc.'s analysts see 5.45 % EPS growth. (more...)
U.S. shutdown over, new deadline looms U.S. shutdown over, new deadline looms
- January 28, 2018

And what's more, based on President Trump's recent tweets lumping in the word "military" with discussions of immigration and border security, it will likely be the same attack line next time around. The shutdown battle - settled mostly on Trump's terms - complicated the already hard search for an immigration pact: GOP hard-liners appeared emboldened, while Democrats absorbed withering criticism from progressives. (more...)
Dow Jones Industrial, S&P 500 and NASDAQ Hit All-Time Record Highs Dow Jones Industrial, S&P 500 and NASDAQ Hit All-Time Record Highs
- January 27, 2018

Intel's shares surged about 9 percent to their highest in nearly two decades, after results indicated that the chipmaker's shift to higher-margin data-centre business was gaining pace. The company's stock rose four percent in pre-market trading before losing 0.41 percent in late trading. The S&P 500 is up 28.95 points, or 1 percent. (more...)
Amazon move to Nashville could benefit Wilson County Amazon move to Nashville could benefit Wilson County
- January 22, 2018

By that standard, Raleigh, which Milken named the No. 2 USA city for creating and keeping quality jobs, topped the institute's assessment of the finalists, beating out such cities as Dallas, Nashville, Austin and Atlanta. Amazon is expecting to start building HQ2 in 2019 with a target completion by 2027. The shortlist news follows Apple's announcement on Wednesday that it would build a new USA campus and create 20,000 new jobs as part of a $30 billion investment, with both underlining the ... (more...)
Trump is fit for duty Trump is fit for duty
- January 21, 2018

The rogue White House adviser account suggested that Dr Jackson may have been pressured to change the numbers: "Ronny Jackson has been palpably afraid of Trump's "fury" for weeks now". The doctor adds that Trump would benefit "from a diet that is lower in fat and carbohydrates, and from a routine exercise regimen". The president has an above average capacity for physical exercise. (more...)
Starting hard budget year, Cuomo takes aim at the feds Starting hard budget year, Cuomo takes aim at the feds
- January 19, 2018

Cuomo explained it this way: Say you paid $5 to the state in income taxes for every $100 you earned previous year. But now that the budget process has begun, we will examine every detail of and make counterproposals or changes to the Governor's proposed spending plan to ensure that the state's taxpayers are protected by a sound, responsible and balanced budget that aims to make NY more affordable. (more...)
Rs. 100 Crore demonetized currency seized from Kanpur Home Rs. 100 Crore demonetized currency seized from Kanpur Home
- January 18, 2018

Others arrested were Santosh Pathak and of Varanasi, Ramashray, Sanjay Rai and Dhirendra from Mirzapur, Sant of Baghpat, Omkar Yadav of Lucknow and Anil Yadav of Saharanpur. The whole incident took place at Kanpur when the Kanpur Police received the information about the presence of demonetized notes which was being hidden by the individuals in an under-construction house in the Swaroop Nagar of Kanpur. (more...)
British construction giant Carillion goes into liquidation after talks fail British construction giant Carillion goes into liquidation after talks fail
- January 16, 2018

In October previous year the joint venture was awarded a £200 million contract with Gigaclear to roll out 1Gb/s broadband to the South West England (see Gigaclear signs Carillion telent to build FTTP in SW England ), and last February it reached a £1.5 billion agreement with Openreach to extend its national fibre broadband network. (more...)
First trailer for Blumhouse's new horror Truth or Dare First trailer for Blumhouse's new horror Truth or Dare
- January 13, 2018

But, now that 2018 is officially underway, Blumhouse is bent on finding another way to make moviegoers mess the seat of their pants, this time placing their chips on Truth or Dare . Looking to continue riding the huge success of Split , Get Out , and Happy Death Day from previous year, Blumhouse and Universal Pictures will release Truth or Dare this spring. (more...)
Bonuses, Raises Await Wal-Mart Workers Bonuses, Raises Await Wal-Mart Workers
- January 12, 2018

Wal-Mart said the changes will benefit the retailer's more than one million hourly employees across the country and will take place in February. "We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders", said Doug McMillon, Walmart chief executive. (more...)
Warren Buffett's Berkshire Hathaway expands its board Warren Buffett's Berkshire Hathaway expands its board
- January 11, 2018

Abel joined Berkshire Hathaway Energy Co.in 1992 and now serves as its Chairman and CEO. Buffett and Charles T Munger, Vice Chairman of Berkshire Hathaway , will continue in their existing positions, including being responsible for significant capital allocation decisions and investment activities. (more...)
Fired Googler James Damore files a lawsuit claiming Fired Googler James Damore files a lawsuit claiming "hostility for conservative thought"
- January 09, 2018

The lawsuit, which was filed on Monday and seeks class action status, also claims that Google uses "illegal hiring quotas" to employ a certain percentage of women and minorities. Back in August , Google CEO Sundar Pichai addressed the controversy, which questioned the biological ability of women workers in technology, directly in a memo to employees. (more...)
Planes Collide on Tarmac at JFK Amid Airport Chaos Planes Collide on Tarmac at JFK Amid Airport Chaos
- January 07, 2018

The Port Authority told NBC New York that a China Southern plane's right wing hit the tail of a Kuwait Airways flight, causing damage to both planes. No injuries were reported to crew or passengers. Some frustrated passengers took to social media to share stories of spending hours on the runway. (more...)
Hoda Kotb officially replaces Matt Lauer on Today show Hoda Kotb officially replaces Matt Lauer on Today show
- January 03, 2018

Interestingly, Hoda Kotb's new position as co-anchor will not immediately take her away from the 10:00 a.m. hour, where she sits alongside Kathie Lee Gifford . Kotb joined NBC News in 1998 as a Dateline NBC correspondent, after working in local news in New Orleans. And considering Today's ratings have been rising in the month after Lauer's exit, it probably wasn't hard to come to the decision that Kotb was an easy choice for the long haul. (more...)
Wind Chill Warning will be in effect late this eveing
- January 01, 2018

After a night out celebrating New Year's Eve in negative wind chills, Clevelanders will again endure frigid weather for New Year's Day. 2018 begins with sunny skies, but bitterly cold temps as the high reaches 4 degrees. PRECAUTIONARY/PREPAREDNESS ACTIONS. A Winter Weather Advisory means that periods of wintry mix will cause travel difficulties. Lake effect snow also was forecast in a portion of northern in through Sunday evening. (more...)
United States life expectancy drops for second year in a row United States life expectancy drops for second year in a row
- December 25, 2017

For men, the rate increased from 8.2 out of 100,000 men dying from overdoses, whereas now the rate has increased to 26.2 out of 100,000 men overdosing from drugs. Clearly, there are lifestyle changes all of us can make to increase the odds of living longer, healthier and happier. With an eye toward these factors - that opioids are not the only cause of overdose death and that inequalities exist in our country - if we want to solve the opioid epidemic we, as a society, must realize that ... (more...)
USA confirms 300% duties on disputed Bombardier jets, a win for Boeing USA confirms 300% duties on disputed Bombardier jets, a win for Boeing
- December 22, 2017

United States secretary of commerce Wilbur Ross has found in favour of United States-based manufacturer Boeing in a dispute over aircraft sales. In October, European aerospace giant Airbus , Boeing's chief rival, said it would take a majority stake in the C Series program. (more...)
White House reveals North Korea launched the WannaCry cyber-attack White House reveals North Korea launched the WannaCry cyber-attack
- December 22, 2017

According to a new report in the Daily Telegraph, the concerns about a United States attack on North Korea are very well-founded, and the White House has "dramatically" stepped up plans for what it is calling a "bloody nose" attack on North Korea. (more...)
Treasuries Close Firmly Negative As House Approves Tax Reform Bill Treasuries Close Firmly Negative As House Approves Tax Reform Bill
- December 20, 2017

The House's vote puts the Republican Party and President Donald Trump on the brink of their first major legislative success of the year, one that's always been a priority for Ryan, many congressional Republicans, and the party's high-dollar donors. (more...)
Rafa Benitez targets January signings after Newcastle winless run extends Rafa Benitez targets January signings after Newcastle winless run extends
- December 18, 2017

The fans know the team will be tough . The Magpies were dominated by Arsenal in the first half, as the Gunners had a number of chances to extend their lead further, however, they failed to take any of those chances. "They want to give a very clear message that they care and they want to do things right". "Our situation is that we did so well for a while (early in the season) that everybody was expecting that we could be in the top ten, but we knew that this team, coming back from the ... (more...)
Mobile Jumps Into the TV Business, Will Challenge Cable Mobile Jumps Into the TV Business, Will Challenge Cable
- December 14, 2017

He also said the new service, a combination of streaming TV and online video , will fix "pain points" such as multiyear contracts, high bills, bad customer service or slow technology and bring "real choice" to customers. The announcement that T-Mobile teased yesterday has now been made, and it's a big one. At the time, Layer3 said it planed to create 300 jobs over the next several years. (more...)
South African Authorities Launch Investigation Into Steinhoff International South African Authorities Launch Investigation Into Steinhoff International
- December 09, 2017

PWC has started investigations into accounting irregularities at Steinhoff , the South African retailer said on Friday. "There's no way back", deputy chairman of Sasfin Wealth in Johannesburg David Shapiro said. The retailer has scheduled a meeting with the lenders of two of its syndicated debt facilities for Monday, according to three people familiar with the matter. (more...)
Duke grad students protest proposed GOP tax plan Duke grad students protest proposed GOP tax plan
- December 01, 2017

House voted in favor of the tax plan, while all of the Democrats from the state voted against it. Both the House and Senate versions of the bill would tax on college and university endowments. "I am really not about that". "As a research assistant, there's a small monthly stipend, and tuition is paid for under an educational allotment". The provision has been called a "ghost tax", because it would tax up to tens of thousands of dollars the students never receive as income. (more...)