Economy

Man accidentally takes $1635 Uber ride through several states

Man accidentally takes $1635 Uber ride through several states Bachman said that by the time he realized what was happening, he was already a couple of hours into the five-hour trip. Bachman later explained the situation to a CBS affiliate in Philadelphia . But as of Thursday night, there haven't been any donations. Further complicating matters was the fact that Bachman accidentally ordered an UberXL , an upper-tier (more expensive) option that can acco... [Full Article...]

WRAPUP 1-Fed's Powell says no evidence United States economy overheating

WRAPUP 1-Fed's Powell says no evidence United States economy overheating Industrial companies that would take a hit from higher steel and aluminum prices fell sharply. Consumer spending, which accounts for more than two-thirds of US economic activity, gained 0.2 percent in January, while core PCE price index, the Federal Reserve's favored gauge on inflation, rose 0.2 percent compared with economists' expectation of a 0.3 percent rise. [Full Article...]

Weak US finish expected to see Europe open lower

Weak US finish expected to see Europe open lower Personal income for January rose 0.4%, edging above the consensus estimate of 0.3%. On an annualised basis, core PCE inflation rose by 1.5%, in line with its December pace. The Commission will continue to maintain the balance between avoiding overheating and bringing inflation permanently to 2%, confirmed Powell in his first testimony to the Congress as a governor of Fed. [Full Article...]

Some 2018 Oscar Winners Could Make History

The first Oscars ceremony is held on May 16, 1929, at the Roosevelt Hotel in Hollywood and hosted by actor Douglas Fairbanks Sr. "I think it's got as strong of a chance as any of the other [underdog] contenders if not more so", says Tom Nunan, who was executive producer on "Crash", the 2005 film that pulled off a major upset of its own on Oscar night against "Brokeback Mountain". [Full Article...]

Twenty-First Century Fox, Inc. (NASDAQ:FOXA)

It has outperformed by 23.92% the S&P500. Vinit Bodas decreased its stake in Twenty First Centy Fox Inc ( FOXA ) by 0.8% based on its latest 2017Q3 regulatory filing with the SEC. Lazard Asset Mngmt Limited Company stated it has 0.04% in Douglas Dynamics, Inc. 1St Source Bancorporation reported 0.02% stake. (NYSE:PLOW). First Merchants Corporation accumulated 7,750 shares. [Full Article...]

Qualcomm Announces Snapdragon 700 Series For Upcoming Mid-Range Android Phones

Qualcomm Announces Snapdragon 700 Series For Upcoming Mid-Range Android Phones Perhaps obviously, the new Snapdragon 700 series chips are meant to slot in between the 600- and 800-series offerings to fill the yawning performance chasm between those two. The series uses Qualcomm Spectra ISP for better image processing and Qualcomm cites that it will bring "additional professional grade camera features, supported by high-quality specs" on the upcoming "affordable" devi... [Full Article...]

Cisco Systems (CSCO) Upgraded by Vetr to "Buy"

It has underperformed by 33.21% the S&P500. Haverford Trust Company increased its stake in Cisco Sys Inc ( CSCO ) by 14.15% based on its latest 2017Q3 regulatory filing with the SEC. 5,800 shares were sold by BAILEY VICKY A, worth $315,760 on Tuesday, January 2. On 2/20/2018 Arun Sarin, Director, sold 14,189 with an average share price of $44.10 per share and the total transaction amounting to... [Full Article...]

Sirius XM Holdings Inc. (SIRI) Shares Bought by Arizona State Retirement System

The stock decreased 1.51% or $0.84 during the last trading session, reaching $54.95. About 18.67M shares traded. Pampa EnergÃa S.A. (NYSE:PAM) has risen 176.38% since February 27, 2017 and is uptrending. 884.13 million shares or 3.66% less from 917.75 million shares in 2017Q2 were reported. (NASDAQ: SIRI ). Legg Mason Asset Mngmt (Japan) holds 236,500 shares. [Full Article...]

The Marathon Petroleum Corp (MPC) Shares Sold by Loews Corp

RBC Capital Markets maintained it with "Buy" rating and $6900 target in Wednesday, July 5 report. The hedge fund run by Jonathan Barrett held 95,000 shares of the integrated oil company at the end of 2017Q3, valued at $5.33 million, down from 120,000 at the end of the previous reported quarter. [Full Article...]

Ericsson and China Mobile pursue industry 4.0 IoT

Ericsson and China Mobile pursue industry 4.0 IoT The companies will additionally strengthen cooperation in 5G standardisation and 5G networks , and also jointly develop 5G network-enabled use cases for industries, as well as exploring business opportunities to reach the full potential of IoT. [Full Article...]

Veeva Systems (VEEV) PT Raised to $70.00

The stock increased 12.36% or $7.67 during the last trading session, reaching $69.74. The stock exchanged hands with 5336913 numbers of shares contrast to its average daily volume of 1.15M shares.Volume is the number of shares or contracts traded in a security or an entire market during a given period of time. [Full Article...]

Gamestop Corp (GME) — Stock Trending Alert

It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value. It has underperformed by 7.43% the S&P500. Shareholders who purchased GME prior to the ex-dividend date are eligible for the cash dividend payment. Wedbush has "Outperform" rating and $25 target. [Full Article...]

NRA's big-money politics sets agenda on gun issues

NRA's big-money politics sets agenda on gun issues Their study published today in The New England Journal of Medicine suggests even the most dedicated and presumably well-trained gun enthusiasts-the NRA's annual convention attendees-are hardly immune to firearm injuries . The group also said "the systemic failure of government to keep us safe reinforces the need for the Second Amendment". According to the most recent available numbers f... [Full Article...]

(NYSE:CVX) Position Increased by Advantage Investment Management LLC

(NYSE:CVX) Position Increased by Advantage Investment Management LLC Several hedge funds and other institutional investors have recently made changes to their positions in CVX . Garland Capital accumulated 43,738 shares. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: "Chevron - The Icarus Syndrome" published on February 10, 2018 as well as Seekingalpha.com's news article titled: "Chevron board membe... [Full Article...]

Cabot Oil & Gas (NYSE:COG) Downgraded to Sell at ValuEngine

The stock increased 0.62% or $0.33 during the last trading session, reaching $54.56. About 21,206 shares traded. BlackRock Energy and Resources Trust (BGR) has declined 0.07% since March 1, 2017 and is downtrending. Thompson Davis & Company Inc has 0.05% invested in Cabot Corporation (NYSE:CBT). Lazard Asset Management Limited Com holds 604,316 shares. Since September 5, 2017, it had 0 buys, and... [Full Article...]

Woman suffers burns after cellphone caught fire on Air Canada plane

Woman suffers burns after cellphone caught fire on Air Canada plane A plane is seen on the runway of YVR worldwide airport in Vancouver, B.C. Monday, May 6, 2013. The passenger was able to walk off the plane, Fitzpatrick said. The model of the phone is also unknown. 'My first thought was "oh my god, I have to get off this plane"'. 680 News reported that the passenger was treated for minor burns on one hand. [Full Article...]

Two AAP MLAs summoned for questioning in Delhi Chief Secretary assault case

Two AAP MLAs summoned for questioning in Delhi Chief Secretary assault case That will be the day when the hearing for bail will come up in court. The calls should be analysed to find out who is influencing them to go against the state government, he said. A magisterial court had on February 23 refused to grant bail to Khan and Jarwal, in the assault case saying the matter can not be treated in "a casual and routine manner" while dubbing them as "history-sheeters". [Full Article...]

Nigeria's Economy Records 0.83 Percent Growth in 2017 - NBS

Nigeria's Economy Records 0.83 Percent Growth in 2017 - NBS It said crop production grew by 4.58% in the fourth quarter of 2017 compared to 3.19% in the third quarter 2017. Industry grew for the third consecutive quarter (following eight quarters of negative growth) by 3.92 per cent in Q4 2017 compared to 8.83 per cent in Q3 2017 and a contraction of -8.73 per cent in Q4 2016. [Full Article...]

Overstock Falls As SEC Probes 'Dozens' Of Companies Involved With Cryptocurrencies

Overstock Falls As SEC Probes 'Dozens' Of Companies Involved With Cryptocurrencies The demand for ICOs appears to remain intact for now but whether the SECs actions will stem the flow of new ICOs is less certain. The US Securities and Exchange Commission (SEC) has ratcheted up intervention in the booming initial coin offering space by issuing a flurry of subpoenas to promoters and their advisers. [Full Article...]

No civilians exit rebel-held area on second day of…

No civilians exit rebel-held area on second day of… Earlier in the day, at 09:00 a.m. Damascus time (07:00 GMT) the third five-hour " humanitarian pause " began in Eastern Ghouta, while Russian Defense Minister Sergei Shoigu sent an explanation of Russian initiatives on Eastern Ghouta to UN Special Envoy for Syria Staffan de Mistura. [Full Article...]


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