Finance


Judge approves liquidation of Bon-Ton Stores Inc Judge approves liquidation of Bon-Ton Stores Inc
- April 20, 2018

The company said it expects Younkers and its other stores to remain open during going-out-of-business sales. Liquidation sales at its other 38 stores have already started from previously announced closings. The move impacts several local employees, who learned of the closure on Tuesday. "They're doing the same thing right now". "This is probably our go-to spot for shopping for women's clothes", she said while shopping with Sandra Hakl. (more...)
Goobye John de Nysschen, Steve Carlisle now Head of Cadillac Goobye John de Nysschen, Steve Carlisle now Head of Cadillac
- April 19, 2018

Effective immediately, Johan de Nysschen is out as Cadillac's CEO, after only spending four years at the helm of the luxury American brand. At Cadillac, de Nysschen had the mandate of rejuvenating the brand's image and, obviously, help increase sales. (more...)
Bevin apologizes in social media for Friday's remarks about teachers Bevin apologizes in social media for Friday's remarks about teachers
- April 19, 2018

Bevin said his comments came from a place of concern over "unintended consequences" following the teacher protests . "I know a tremendous amount of people didn't fully appreciate what I was communicating". Amid backlash from state lawmakers and teacher groups, Bevin said his comments were misunderstood by some but were damaging to others. "It sounded like he was apologizing to the people who were hurt by what he said ", Wilkerson told Courier Journal. (more...)
IPL 2018, KKR vs RR: Here are the final playing eleven IPL 2018, KKR vs RR: Here are the final playing eleven
- April 19, 2018

On paper, what looked to be a clash of two even teams, turned out to be a lop-sided affair with Kolkata going top of the table after this victory. But Rajasthan's seamers struggled against a strong Kolkata batting line-up as Uthappa hit six fours and two sixes before holing out in the deep off Gowtham. (more...)
Oil rises 2% as Saudi Arabia aims for $100 per barrel Oil rises 2% as Saudi Arabia aims for $100 per barrel
- April 19, 2018

Stockpiles of gasoline fell by 2.5 million barrels, outpacing the 450,000-barrel increase expected in a Bloomberg survey. West Texas Intermediate for May delivery climbed as much as $1.33 to $67.85/bbl on the New York Mercantile Exchange, the highest since December 2014. (more...)
Supreme Court hearing case about online sales tax collection Supreme Court hearing case about online sales tax collection
- April 18, 2018

The answer right now is: It depends. Tuesday he made his case to the nation's top court. But other online sellers can often sidestep charging sales tax. Shopping online is easy, and convenient. More than 40 states want the Supreme Court to abandon the rule. Q: What is the case for businesses that don't now collect sales taxes nationwide? Justices were also concerned about the possibility that remitting sales taxes to approximately 12,000 jurisdictions at different rates on innumerable ... (more...)
National average for gas hits 3-year high; SWFL lagging for now National average for gas hits 3-year high; SWFL lagging for now
- April 18, 2018

This comes on the heels of recent weeks of flat prices or slow cost increases, when crude oil prices were hit by some steep dips in stock markets and concerns about a tariff battle between the United States and China. The situation in Syria escalated Friday night when the USA, the United Kingdom and France launched missile attacks on Syrian facility used to produce chemical weapons. (more...)
Trump says Russia, China devalue currency Trump says Russia, China devalue currency
- April 18, 2018

Trump said Russian Federation and China are devaluing their currencies amid a possible new round of sanctions against Russian Federation and a simmering trade war with China. Until the imposition of U.S. sanctions against a number of Russian oligarchs earlier this month, the trend was reversed - the dollar depreciated by nearly 4% against the Russian currency. (more...)
CN Tower, surrounding buildings closed due to concerns about falling ice CN Tower, surrounding buildings closed due to concerns about falling ice
- April 18, 2018

Things aren't going so well for the Toronto Blue Jays' Twitter account . Toronto, along with much of southern and central Ontario, is recovering from an ice storm that resulted in power outages, cancelled flights and road collisions over the weekend. (more...)
IFG Advisory LLC Invests $1.86 Million in Amazon.com, Inc IFG Advisory LLC Invests $1.86 Million in Amazon.com, Inc
- April 18, 2018

The stock increased 0.17% or $0.02 during the last trading session, reaching $11.7. Brighton Jones Llc, which manages about $2.52 billion and $825.30M US Long portfolio, upped its stake in Ubs Ag Jersey Brh E Tracs Lkd To Alerian (MLPI) by 348,509 shares to 506,924 shares, valued at $12.26M in 2017Q4, according to the filing. (more...)
U.S. and United Kingdom blacklist China's ZTE U.S. and United Kingdom blacklist China's ZTE
- April 17, 2018

Qualcomm is perhaps the most recognizable name in the world of smartphone SoCs; the brand is the leader in the mobile silicon market, thanks in large part to the prolific use of its Snapdragon line of chips. A denial of export privileges means that ZTE will not be able to purchase mobile components from American companies. Through its network of operators across 140 countries, the company delivers innovative products and business solutions. (more...)
Netflix share price surges as company crushes Q1 2018 forecasts Netflix share price surges as company crushes Q1 2018 forecasts
- April 17, 2018

Overall, the company hit 125 million members in Q1. Loop Capital raised their price target on Netflix from $237.00 to $241.00 and gave the company a "buy" rating in a research note on Tuesday, January 2nd. Keeping an eyeball on Gross profit Margin , Net profit Margin & Operating Margin , the Gross profit margin of 34.50%; the net profit margin of 4.80% while its Operating margin was 7.20% for Netflix, Inc . (more...)
Louis police seek three suspects in Sprint store robbery Louis police seek three suspects in Sprint store robbery
- April 17, 2018

Police said that the accused tried to snatch the victim's phone but he resisted. Acting Superintendent Jason Weinstein says the 13-year-old was approached by two males around 11:40am yesterday, who threatened him and tried to steal his shoes. (more...)
Embattled Sorrell exits CEO post at WPP Embattled Sorrell exits CEO post at WPP
- April 16, 2018

WPP's corporate development director and chief operating officer for Europe Andrew Scott and, Wunderman CEO Mark Read would don the mantle of co-chief operating officers. Sir Martin would of course assist with the transition. WPP's shares have lost a third of their value of the past year-far more than rivals facing the same market challenges-as its financial guidance has repeatedly proved too optimistic. (more...)
Starbucks Apologizes After 2 Black Men Were Arrested While Waiting Inside Store Starbucks Apologizes After 2 Black Men Were Arrested While Waiting Inside Store
- April 16, 2018

He said police processed the pair for arrest, but later "discovered Starbucks was no longer interested in prosecuting", and let them go. The employee called the police when they refused. Starbucks' CEO is apologizing, but many are still calling on the company to change its policies. He told a Philly.com reporter he rejects Johnson's apology , saying it was "about saving face". (more...)
Assad in control of town allegedly hit with chemical attack, Russian Federation says Assad in control of town allegedly hit with chemical attack, Russian Federation says
- April 16, 2018

The British cabinet meeting was due to begin at 14.30 GMT. Trump on Wednesday had warned Russian Federation to "get ready" for a missile attack on its ally Syria . Experts warned that Trump's move will further harm U.S. -Russia relations. But Trump notably also said there was "no reason for this", reiterated his hope for talks with Putin to halt a new arms race, and blamed his domestic political opponents for poisoning ties. (more...)
Chase Beats on Earnings Chase Beats on Earnings
- April 15, 2018

It closed at $2.5 lastly. About 2,824 shares traded. It has underperformed by 23.95% the S&P500. Therefore 42% are positive. 70,760 were reported by Cwh Capital. Sell side analysts plays vital role in buying and selling a stock where 5 analysts rated JPMorgan Chase & Co. Jackson Grant Investment Advisers Inc. (more...)
PM Modi inaugurated the Defence Expo PM Modi inaugurated the Defence Expo
- April 14, 2018

After mammoth protests on Tuesday ahead of a game, all the home matches of Chennai Super Kings (CSK) were shifted to Pune. PM Narendra Modi inaugurates Diamond Jubilee Building of Cancer Institute in Chennai . "Our commitment to peace is just as strong as our commitment to protecting our people and our territory". He asserted that his government is ready to take all necessary measures to equip the armed forces to bolster their strength. (more...)
Tesla Model X Crash - NTSB Removes Tesla from Investigation Tesla Model X Crash - NTSB Removes Tesla from Investigation
- April 14, 2018

The NTSB said Tesla was removed from the investigation because releasing investigative information before it is vetted and confirmed by government regulators can produce " incomplete information " that can often lead to "speculation and incorrect assumptions about the probable cause of a crash, which does a disservice to the investigative process and the traveling public". (more...)
CWG 2018: Two Indian athletes suspended from Games CWG 2018: Two Indian athletes suspended from Games
- April 14, 2018

Divya Kakran won bronze medal in the women's freestyle 68 kg by outplaying Bangladesh's Sherin Sultana 4-0, a victory by fall. In second position is England with 31 gold, 34 silver, 34 bronze; India is in third spot with 17 gold, 11 silver, 14 bronze and Canada is fourth on 14 gold, 34 silver and 26 bronze. (more...)
Wall Street rises as Chinese president eases trade worries Wall Street rises as Chinese president eases trade worries
- April 14, 2018

Financial markets have reacted positively to Xi conciliatory speech, bidding up riskier assets such as stocks and commodity currencies like the Australian dollar. The speech at the Boao Forum for Asia in the southern province of Hainan had been widely anticipated as one of Xi's first major addresses in a year in which the ruling Communist Party marks the 40th anniversary of its landmark economic reforms and opening up under former leader Deng Xiaoping. (more...)
Diamond Reaches 24-Hour Volume of $11054.00 (CRYPTO:DMD) Diamond Reaches 24-Hour Volume of $11054.00 (CRYPTO:DMD)
- April 13, 2018

Investors who sold or even traded bitcoin a year ago owe taxes since the IRS views cryptocurrencies as property, meaning transactions are generally taxed. The official website for ShipChain is www.shipchain.io . Beatcoin's official Twitter account is @Beats_coin . Lee has partially attributed bitcoin's recent price slump to a mass sell-off stemming from cryptocurrency holders trying to avoid capital-gains taxes before Tax Day in the United States. (more...)
UK Takeover panel sets Disney/Sky conditions UK Takeover panel sets Disney/Sky conditions
- April 13, 2018

In December, Disney said it planned to acquire a large part of Twenty First Century Fox, including the Twentieth Century Fox movie and televison studio, cable channels including regional sports networks and key worldwide properties, including the stake in Sky, which were valued collectively at USD60.00 billion. (more...)
Reflections on the Current State of Facebook, Inc. (FB)
- April 13, 2018

Roanoke Asset Management Corp decreased Facebook Inc (FB ) stake by 8.42% reported in 2017Q4 SEC filing. The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock's market value to its book value. operates a social networking website worldwide. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, forty-two have given a buy rating and four have issued a strong buy rating to the company. (more...)
IAG floats possible Norwegian takeover IAG floats possible Norwegian takeover
- April 13, 2018

Norwegian shares rose by 40% in early trading upon the news. The statement indicates that the company bought an ownership position of 4.61 percent, which allows IAG to initiate discussions with Norwegian, "including the possibility of a full offer" for the Nordic carrier. (more...)