Finance


Southwest Airlines flight makes emergency landing due to cracked window Southwest Airlines flight makes emergency landing due to cracked window
- May 03, 2018

Passenger Cara O'Grady says that the window cracked not long after the flight took off. Southwest Airlines said the crew chose to land in Cleveland "for maintenance review of one of the multiple layers of a window plane". "With all these planes constantly in use-sometimes flying six or seven or eight times per day-and very few incidents-in the annals of transporting people that is nearly impossibly safe", Aboulafia said. (more...)
Here comes Spotify's first ever earnings report Here comes Spotify's first ever earnings report
- May 03, 2018

Spotify became a public last month via a much-ballyhooed direct listing on the New York Stock Exchange. Revenue in the latest quarter increased 26 percent to $1.1 billion euros. "In fact, we think multiple services will exist in the market and we are all in a growing market", he said. It gave a cautious outlook for revenue growth in the present quarter. (more...)
Tesla sued for $2 billion lawsuit alleging violation of patents Tesla sued for $2 billion lawsuit alleging violation of patents
- May 03, 2018

The suit claims Nikola was issued six design patents for its truck's "wrap windshield, mid-entry door, fuselage, fender, side cladding and the overall design", according to Reuters . In April 2017, Tesla released a teaser image of its semi, but the following November Nikola sent a letter to the company demanding that it not unveil its truck until a determination on whether it infringed on Nikola's copyrights were resolved, the suit says. (more...)
Amazon wants to pick up 60 per cent of Flipkart Amazon wants to pick up 60 per cent of Flipkart
- May 03, 2018

SoftBank , Flipkart's largest shareholder, has reportedly been pushing other investors to wait for a rival offer for Flipkart from Amazon . Talks between Walmart and Flipkart have been on for months now and the deal was expected to close soon. (more...)
Interesting New Features From Microsoft's Latest Windows 10 Update Interesting New Features From Microsoft's Latest Windows 10 Update
- May 02, 2018

The update, which Microsoft had previously called the Spring Creators Update , is all about increasing focus and promoting productivity. After a brief delay (though Microsoft won't confirm or deny this), Microsoft today announced that the Windows 10 April 2018 Update will be available as a free download to users worldwide on Monday, April 30, with the broader rollout starting May 8. (more...)
World's Oldest Spider Has Died World's Oldest Spider Has Died
- May 02, 2018

She had to protect and maintain her burrow, because if it were damaged, mature trapdoor spiders can not easily rebuild or relocate. Number 16 was originally discovered by Barbara York Main, the University of Western Australia arachnologist known as "the spider lady". (more...)
How Analysts Rated Electrocomponents plc (LON:ECM) Last Week?
- May 02, 2018

Numis Securities reissued an "add" rating and set a GBX 1,400 ($19.53) target price (down previously from GBX 1,515 ($21.13)) on shares of WPP in a research report on Monday, April 16th. The rating was maintained by Liberum Capital with "Buy" on Thursday, February 25. The rating was maintained by Liberum Capital on Tuesday, April 25 with "Buy". (more...)
BP gets Q1 boost from higher oil prices and more production BP gets Q1 boost from higher oil prices and more production
- May 02, 2018

But the group continued to count the cost of its 2010 Deepwater Horizon tragedy in the Gulf of Mexico, with another $1.6bn (£1.2bn) forked out in the first quarter - including $1.2bn (£873m) for the final payment of its 2012 settlement with the Department of Justice. (more...)
How to watch the New Shepard rocket blast off How to watch the New Shepard rocket blast off
- May 01, 2018

The mission, which blasted off from Blue Origin's West Texas launch site, was an all-around success. In addition to the dummy, the capsule also carried some components to be used on NASA's Orion deep space vehicle and experiments created to test the feasibilty of deliver Wi-Fi to spacecraft. (more...)
Weather warning issued for East Midlands Weather warning issued for East Midlands
- April 30, 2018

The Met Office has issued a yellow weather warning for rain has been issued for Eastern England and South East England from 9pm on Sunday until midnight on Monday. BBC weather forecaster Matt Taylor also said it will be "disappointingly cool" for late April and the miserable weather is set to deteriorate into Monday. (more...)
Were Analysts Bullish Aggreko Plc (LON:AGK) This Week? Were Analysts Bullish Aggreko Plc (LON:AGK) This Week?
- April 30, 2018

The stock increased 1.22% or GBX 2.25 during the last trading session, reaching GBX 186.9. About 1.23 million shares traded or 625.63% up from the average. It has change of 0.27, from 2017Q3's 1.38. 42 funds bought stakes and 46 increased stakes. State Teachers Retirement Systems accumulated 72,778 shs. Amf Pensionsforsakring holds 0.36% or 496,154 shares in its portfolio. (more...)
Have You Holding This Low Risky Stock?
- April 30, 2018

The hedge fund run by Dan Sobol held 16,250 shares of the semiconductors company at the end of 2017Q4, valued at $1.90 million, down from 135,100 at the end of the previous reported quarter. NXPI indicated a yearly up return of 0.69% while year-to-date (YTD) return printed -10.20% decreasing outlook. NXPI has 16.43M volume or 244.59% up from normal. (more...)
Amazon to Increase Video Spend, Raise Prices on Prime in the US Amazon to Increase Video Spend, Raise Prices on Prime in the US
- April 30, 2018

Sales, for example, are up 43 percent to $51 billion, and net income surged to $1.6 billion from $724 million from the first quarter of past year. Amazon has more than doubled its profits this spring after reaching more than 100 million paid Prime members and reporting subscription revenue up 60% to $3.1 billion. (more...)
Sprint, T-Mobile officially announce merger in $26B deal Sprint, T-Mobile officially announce merger in $26B deal
- April 30, 2018

But MoffettNathanson analyst Craig Moffett said T-Mobile's momentum is slowing, which may explain why the company and its parent, Germany's Deutsche Telekom , "have warmed to the idea of a merger sooner rather than later". Immediately following the merger, the New T-Mobile will hire thousands of new employees to fill retail, call center, and network infrastructure roles, according to the executive team, with investments of $40 billion in the combined network. (more...)
Royal Dutch Shell (RDS.B) Posts Quarterly Earnings Results, Hits Expectations Royal Dutch Shell (RDS.B) Posts Quarterly Earnings Results, Hits Expectations
- April 29, 2018

Volume is simply the number of shares traded during a specified time frame (e.g., hour, day, week, month, etc). About 135,404 shares traded. Just before market bottoms, volume will often increase due to panic-driven selling. This is something that Investors should look for in all the stocks they are trading and is an important indicator to keep tabs on. If we look at the Volatility of the company, Week Volatility is 1.38%, whereas Month Volatility is at 1.49%. (more...)
Boeing Co (NYSE:BA) 2017 Q4 Sentiment Change, Now at 0.79 Boeing Co (NYSE:BA) 2017 Q4 Sentiment Change, Now at 0.79
- April 29, 2018

Shares worth $[Value] equivalent to [Shares] were [SoldBought] by [NameInsider]. The stock decreased 0.29% or $0.48 during the last trading session, reaching $165.24. 3,936 are held by Amica Retiree Med Tru. Analysts also say Chinese buyers, who account for more than 20 per cent of Boeing sales, would have no alternative supplier for the aircraft if trade relations threatened ties with the USA company, because rival Airbus has only limited capacity to produce more quickly in the immediate ... (more...)
Sprint Nears Deal to Combine With T-Mobile US Sprint Nears Deal to Combine With T-Mobile US
- April 29, 2018

T-Mobile majority-owner Deutsche Telekom and Japan's SoftBank , which controls Sprint , are considering an agreement on how they exercise voting control over the combined company, two of the sources said. Now, T-Mobile has become the most innovative and fastest growing of the four major carriers under the leadership of president and CEO John Legere. The deal between Sprint and T-Mobile is not yet certain. (more...)
Sainsbury's, Walmart's Asda to create United Kingdom supermarket powerhouse Sainsbury's, Walmart's Asda to create United Kingdom supermarket powerhouse
- April 29, 2018

Sainsbury chief executive officer Mike Coupe previously worked at Asda and other United Kingdom retailers. Sainsbury's and Asda were last night putting the finishing touches to an audacious £12bn merger that would end Tesco's decades-long reign as Britain's biggest supermarket chain. (more...)
Markets Right Now: Solid earnings send United States stocks higher Markets Right Now: Solid earnings send United States stocks higher
- April 28, 2018

Blame three key factors: Apple (AAPL) undercutting more support, the chip sector continuing to sell off and the 10-year Treasury yield moving to the cusp of 3%. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2018. "Fears of "peak earnings " are laughable considering that the average constituent in the S&P 500 has enjoyed year-over-year bottom line growth in excess of 20%", Klein wrote in a note. (more...)
Wynn Resorts (NASDAQ:WYNN) Downgraded by Vetr to Hold Wynn Resorts (NASDAQ:WYNN) Downgraded by Vetr to Hold
- April 28, 2018

It has outperformed by 43.47% the S&P500. The New York-based Morgens Waterfall Vintiadis & Co Inc has invested 4.84% in the stock. Baird Financial Group Inc. Calton & Associates Inc. purchased a new stake in Wynn Resorts in the fourth quarter valued at approximately $178,000. Ubs Asset Management Americas owns 319,278 shares. (more...)
Gold slips to two-week low as rising bond yields support dollar Gold slips to two-week low as rising bond yields support dollar
- April 28, 2018

Treasury yields. The 10-year yield stood at 2.43 percent at the end of 2017. Global bond markets dropped Monday, taking benchmark 10-year Treasury notes closer to 3% for the first time in more than four years raising three major concerns for the market. (more...)
How Mario Draghi Could Explain Eurozone Economy's Apparent Slowdown How Mario Draghi Could Explain Eurozone Economy's Apparent Slowdown
- April 28, 2018

Draghi, however, remained positive about the region's economic outlook for 2017. The economy in the 19 countries that use the euro currency turned in strong growth of 2.5 percent previous year, the best in a decade. The real risks to the 19-member eurozone's outlook were global, Draghi said, with the European Central Bank president singling out trade tensions stemming from Trump's "America First" protectionist drive. (more...)
Oleg Deripaska agrees to cede control of firms hit by USA sanctions Oleg Deripaska agrees to cede control of firms hit by USA sanctions
- April 28, 2018

On Thursday, Bloomberg reported citing anonymous sources that RUSAL's owner Oleg Deripaska had no intentions to sell his stake in the company despite United States sanctions. It was not immediately clear if the steps announced by En+ on Friday and those the sources said were planned by Rusal would be enough for the US sanctions to be lifted. (more...)
Economy grew 2.3 percent in first quarter Economy grew 2.3 percent in first quarter
- April 28, 2018

Goods exports increased 6.1 percent in the first quarter, which was more than enough to offset the 2.1 percent rise in goods imports. The 2.3 percent pace of GDP growth is still faster than what the Federal Reserve sees as the economy's long-term potential rate, and officials have previously said they view the first-quarter slowdown as transitory, with the economy poised to reach a milestone in May - the second-longest expansion on record. (more...)
Facebook warns that it expects to find more data misuse Facebook warns that it expects to find more data misuse
- April 28, 2018

Another point of contention to come up during the hearing came around Facebook's 2015 hiring of Joseph Chancellor, Kogan's former business partner and cofounder at Global Science Research (GSR), the company that was contracted by Cambridge Analytica's parent organization to take in and analyze Facebook user data. (more...)