Finance


Harley sales miss estimates as strong dollar pinches global push Harley sales miss estimates as strong dollar pinches global push
- April 19, 2017

First-quarter profit per share fell 23 percent to $1.05, topping analysts' average estimate for $1.02, and the company reiterated its full-year forecasts for operating and gross margins to be in line with last year's results. Johnson & Johnson boosted its full-year adjusted earnings per share outlook to a range of $7 to $7.15 per share from the previous range of $6.93 to $7.08 per share. (more...)
Goldman whiffs in Wall Street bond rebound that boosts peers
- April 19, 2017

But Goldman's results were well below the $5.31 a share expected by analysts, according to FactSet. Overall, Goldman posted $2.26 billion in profit, or $5.15 a share, which was a 99 percent increase from last year's abysmal first quarter. (more...)
IMD predicts normal southwest monsoon for this year IMD predicts normal southwest monsoon for this year
- April 19, 2017

Rainfall in the range of 96 per cent to 104 per cent of the long period average (LPA) is categorised as "normal". IMD issues another updated forecast in June. India's southwest monsoon may be normal for a second year in 2017 as forecasters assess the likely impact of a possible El Nino. Senior meteorologists explained that including the dynamic model into the 2017 forecast has "complicated" the probability distribution of rainfall amounts because the process of "reconciling" the ... (more...)
Symantec says CIA tools found across 16 countries Symantec says CIA tools found across 16 countries
- April 19, 2017

Longhorn, as Symantec dubs the group, has infected governments and companies in the financial, telecommunications, energy, and aerospace industries since at least 2011 and possibly as early as 2007. " The tools used by Longhorn closely follow development timelines and technical specifications laid out in documents disclosed by WikiLeaks ", the researchers wrote in their report. (more...)
Dems unified in opposition to Trump, but what comes next? Dems unified in opposition to Trump, but what comes next?
- April 18, 2017

A White House spokesperson said Trump is getting feedback from stakeholders "to help develop a plan that will provide significant middle class tax relief and make American businesses more competitive". It is important for us, as a nation, to have your tax information so we can evaluate what - if any - business relationships you may have had that pose potential conflicts of interest, especially connections with Russian Federation, accused of meddling in the 2016 presidential election. (more...)
Braves beat Padres 5-2 on opening night at new stadium
- April 18, 2017

With the Braves ahead by a run, Stammen replaced Padres starter Jhoulys Chacin after a leadoff walk in the sixth inning and got two outs before Inciarte picked on a 3-1 pitch and lined a homer over the right-field fence. Manager Andy Green said he is encouraged Perdomo should miss only two starts and get activated from the DL. Five restaurants were open Friday night: Terrapin, First and Third, the Yard House, Antico Pizza and Live! Dellin Betances pitched a scoreless eighth, while ... (more...)
Last minute tips before tax deadline
- April 18, 2017

Thompson said. "So while filing for an extension is a simple process, filing your return by the original due date is advised". Acting District Revenue Officer Jose Edimar Jaen of the Bureau of Internal Revenue (BIR)-Laoag City on Monday said there will no extension of the tax payment deadline which is today, Monday, and that starting Tuesday, filing shall automatically incur a 20-percent interest and 25-percent surcharge. (more...)
#BoycottSnapchat trends in India, but users are mistakenly uninstalling Snapdeal! #BoycottSnapchat trends in India, but users are mistakenly uninstalling Snapdeal!
- April 18, 2017

A spokesperson for Snap Inc., which is the registered name of the company that owns Snapchat , said that this allegation is "ridiculous", adding that "Obviously Snapchat is for everyone!" Run an early-stage company? When Mr. The incident marks the latest event in which a company's reputation has taken a hit because of an employee's poor choice of words. "We are grateful for our Snapchat community in India and around the world", Snap said in a statement. (more...)
Uber facing possible fine for drunk drivers Uber facing possible fine for drunk drivers
- April 18, 2017

The petitions were moved after hundreds of drivers with Uber and Ola went on indefinite strike from February 10 in Delhi-NCR to protest against "low fares" and the "lack" of basic amenities from the two app-based cab companies. Nobody's explicitly saying this is a shot at Uber, but Lyft has included tipping since 2012 and Fasten allowed tipping in 2016 , so Uber's pretty clearly the only holdout. (more...)
Rain in Pyongyang as North Koreans prepare for 'Day of the Sun'
- April 18, 2017

No planned response is expected from the Trump administration because the official, who spoke on condition of anonymity to discuss the administration's initial understanding of the launch, said there was no need for the U.S.to reinforce the failure. (more...)
SNL's Trump Chooses Kushner Over Bannon in Cold Open SNL's Trump Chooses Kushner Over Bannon in Cold Open
- April 17, 2017

Fallon played Kushner like a cool tech CEO - poses well, rarely speaks. Certainly not all hosts go political in their monologues but Fallon went one step further by once again avoiding speaking as much as possible. McCarthy's Spicer reminded everyone that Trump bombed Syria "while eating the most attractive piece of cake this week, and that is a fact". The development came after The New York Times reported earlier this month about the omissions from Kushner's national security ... (more...)
United Is Making Some Changes After Its Passenger Removal Controversy
- April 17, 2017

Delta is giving airport employees permission to offer passengers up to nearly $10,000 in compensation to give up their seats on overbooked flights. "Every minute that a plane is delayed because gate staff have to plead for volunteers or explain involuntary denial of boarding, or that the baggage handlers have to hunt down a bumped passenger's checked bag, is real money for the airline". (more...)
Trump admin. declines to brand China a currency manipulator Trump admin. declines to brand China a currency manipulator
- April 17, 2017

Treasury Secretary Steven Mnuchin said ensuring a level playing field for United States businesses is an "essential component of this administration's strategy". "I think the United States made a decision to forego (labeling China a currency manipulator) this time because it wants China's cooperation on North Korea", said Takeshi Minami, chief economist at Norinchukin Research Institute in Tokyo. (more...)
Trump taps former Alabama Congressman Spencer Bachus for Export-Import Bank Trump taps former Alabama Congressman Spencer Bachus for Export-Import Bank
- April 16, 2017

After describing the Ex-Im bank, which guarantees loans for companies that export USA products, as "featherbedding" for politicians and wealthy corporations such as Boeing, President Trump has nominated a conservative former Republican lawmaker as its next president. (more...)
United Amends Crew Booking Policy After Man Dragged off Plane
- April 16, 2017

He said a lawsuit would be filed against the airlines soon. The altercation saw Dao bloodied and bruised as officials with the Chicago Department of Aviation dragged him through the aisle of the aircraft. Last year Delta got more passengers to give up their seats than any other US airline, partly by paying more than most of the others. The airline would not disclose its current payment limit. (more...)
Rouhani says Iran needs 'no one's permission' to build missiles
- April 16, 2017

Some 863 hopefuls have signed up since registration opened on Tuesday, said Ali-Asghar Ahmadi, head of election headquarters at the Interior Ministry. Over 1000 candidates have registered so far to run in next month's presidential election. A clearer picture will emerge next week when the conservative-controlled Guardian Council announces which of the near-1,000 registered candidates are allowed to run in the May 19 election. (more...)
Mark Hamill: Carrie Fisher Star Wars tribute is 'therapy'
- April 16, 2017

With this she assured that Fisher's role will not just be a cameo. Despite an update last week from Todd Fisher , the brother of late actress Carrie Fisher, it seems Princess Leia will not be appearing in Star Wars: Episode IX. Fisher passed away at age 60 in December after suffering a heart attack on an airplane, and tributes to her memory have been taking place throughout the convention weekend - including with an emotional video reel screened Thursday. (more...)
US retail sales, inflation data highlight weak first quarter growth US retail sales, inflation data highlight weak first quarter growth
- April 15, 2017

Meanwhile February's previously-reported 0.1 percent dip was revised downward to 0.3 percent, according to data released Friday by the U.S. Department of Commerce . Despite last month's increase in core retail sales, consumer spending likely braked sharply in the first quarter after growing at a brisk 3.5 percent annualized rate in the final three months of 2016. (more...)
Consumer prices dip 0.3% - largest amount in more than two years Consumer prices dip 0.3% - largest amount in more than two years
- April 15, 2017

Still, the Atlanta Fed revised its first-quarter GDP forecast lower from 1.0% to 0.5%. "Some Fed officials will be disturbed by the unexpected drop back in core inflation, but this won't prevent a June rate hike", said Paul Ashworth, chief United States economist at Capital Economics in Toronto . (more...)
Doctor dragged off United flight needs reconstructive surgery, lawyer says
- April 14, 2017

If Democrats do their job right, David Dao won't be the only one losing his seat. Dao suffered "a significant concussion as a result of disembarking that plane", Demetrio said in a news conference in Chicago. No word yet on what good the 69 year-old grandfather may have done in the world over the course of his life. Demetrio said he "probably" will file a lawsuit on Dao's behalf, but is doing due diligence to make sure "every word, every proposition in the lawsuit needs to be there". (more...)
Tesla set to unveil electric semi-truck in September
- April 14, 2017

General Motors Company (NYSE:GM) will shutter some US plants for a combined total of 10 weeks of production time in the second half of the year, a move that will help balance swelling inventory levels, the automaker's North America president said . (more...)
Citi profit beats estimates as fixed-income trading jumps Citi profit beats estimates as fixed-income trading jumps
- April 14, 2017

The New York City-based financial services giant reported Q1 earnings per share (EPS) of $1.35, which was $0.11 better than the Wall Street consensus estimate of $1.24. Costco also contributed to a 3% increase in operating expenses, to $2.6 billion, and an uptick in loan-loss reserves in the bank's retail operations. (more...)
Lyft Raises $600M in Funding; Valuation at $7.5 Billion
- April 14, 2017

The recent addition brings Lyft's total funding to roughly $2.61 billion, a respectable amount in highly competitive market. In a blog post , Lyft confirmed that it has raised close to $600m in new funding that now puts its valuation at $7.5bn. (more...)
13 year-old Instagram user shoots himself on live video 13 year-old Instagram user shoots himself on live video
- April 14, 2017

His distraught mother told American news outlet 11Alive: "I heard a big boom". She said one of the friends watching the live video had asked Malachi to put an ammunition clip in the gun. Stephens said they rushed to her house afterwards. Her 13-year-old son had apparently live streamed the entire thing as dozens of friends looked on. (more...)
Kentucky Retirement Systems Acquires New Stake in Chesapeake Energy Co. (CHK) Kentucky Retirement Systems Acquires New Stake in Chesapeake Energy Co. (CHK)
- April 14, 2017

Zacks Investment Research downgraded shares of Chesapeake Energy from a buy rating to a hold rating in a research note on Tuesday, December 27th. The stock of Chesapeake Utilities Corporation (NYSE:CPK) earned "Long-Term Buy" rating by Hilliard Lyons on Friday, June 24. (more...)