Finance


Formula 1 Partially Closed Cockpit Debuts At Red Bull
- May 02, 2016

Ricciardo and his Red Bull team-mate Daniil Kvyat have already run the concept on the team's simulator, and unlike the halo, it has no central pillar, but two pillars on the side, with a windscreen acting as a shield. The FIA remains open to both the Halo and Aeroscreen, but it's clear that in the coming weeks one or the other will be mandated for 2017. That screen looks like a shield that the police use, a riot shield. (more...)
United Healthcare may leave Alabama Obamacare exchange
- April 30, 2016

UnitedHealth Group , the largest USA health insurer, said Tuesday it would pull back from participation in the Obama administration's signature health care reforms because it lost money on the program. Other insurers share UnitedHealth Group's fears that the marketplaces could potentially cause significant financial losses for participating companies. (more...)
VW diesel suit: owners to get financial compensation, lawyer says
- April 28, 2016

The detailed agreement and Volkswagen consent on the deal will be discussed on June 21 deadline. But the group still faces US Justice Department fines as part of an expected civil settlement, an ongoing Justice Department investigation that could lead to criminal charges and an outcry in Europe to do more for millions of owners of VW vehicles. (more...)
USA poll 2016: More Republicans now backing Trump as presidential nominee USA poll 2016: More Republicans now backing Trump as presidential nominee
- April 28, 2016

Eighteen-year-old Noblesville high schooler John Parke said he'd support Clinton if she defeats Sanders. In the primaries, Clinton has won all three convincingly, a signal to party insiders of her potentially formidable standing in the fall. (more...)
Verizon workers plan to strike
- April 28, 2016

Tens of thousands of Verizon Communications Inc workers have unanimously walked off their jobs, staging one of the largest United States strikes in recent years . Almost 40,000 Verizon wireline workers in the Northeast followed through Wednesday with a strike after contract negotiations broke down. Despite the support, the employees and union leaders said they'd all prefer to be doing their jobs instead of walking the pavement. (more...)
Sports Authority closing all stores, liquidating Sports Authority closing all stores, liquidating
- April 28, 2016

Instead a lawyer for the Englewood-based sporting goods chain told a bankruptcy judge debtors will pursue a sale. Loaded with more than $1.1 billion in debt, Sports Authority filed for bankruptcy protection in March, saying it would attempt to trim operations and restructure while looking for buyers as an alternate path. (more...)
Microsoft says it's still 'committed' to Windows 10 Mobile
- April 28, 2016

Microsoft should really give some thought of branching out its Windows 10 Mobile OS to vehicles the same way that Android and iOS have done. Windows Ink is a feature that Microsoft has talked about at its Build 2016 developer conference and now it's available on Windows 10 tablets or your two-in-one convertible tablets. (more...)
File and restrict Social Security strategy still applies to some File and restrict Social Security strategy still applies to some
- April 28, 2016

Claimants receiving benefits now under this strategy are grandfathered and will continue to receive them. Here's a look at what millennials can expect from Social Security . At the same time , the person's spouse could claim spousal-only benefits and collect half of the husband or wife's full benefit at 66. The loss of the file-and-suspend and the FAASF strategies will make Social Security planning less lucrative for many retirees. (more...)
Blue-chip stocks of the day: Energy Transfer Partners, LP (NYSE:ETP) Blue-chip stocks of the day: Energy Transfer Partners, LP (NYSE:ETP)
- April 26, 2016

They set an "underweight" rating and a $5.00 target price on the stock. The Crude Oil Logistics segment purchases crude oil from producers and transports it for resale at pipeline injection points, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. (more...)
Bob Evans closing 27 under-performing locations Bob Evans closing 27 under-performing locations
- April 25, 2016

Louis Post Dispatch, were three IN stores: New Castle, Greenwood and an Indianapolis location on West 71st Street. "Performance at each of these locations was not meeting expectations", said Chief Executive Officer Saed Mohseni. Some Bob Evans employees are being offered jobs at nearby restaurants, the company said. Bob Evans is a family-dining chain with 548 restaurants in 18 states, primarily in the Midwest. (more...)
Daughter: Georgia shooting suspect was 'ticking time-bomb'
- April 24, 2016

While investigators say that Hawes' wife was not among the victims of the shootings, though some of her family members were killed, according to sheriff's Captain Andy Shedd. Lauren Hawes says her father was upset after her mother ended their relationship. She would see him around the neighbourhood and he would often say hello while passing by. (more...)
NC couple sues over 'Love It or List It' renovation NC couple sues over 'Love It or List It' renovation
- April 23, 2016

They're suing Big Coat TV, which produces " Love it or List it ", a show in which homeowners present a designer and a realtor with their less-than-perfect home. ET, according to HGTV's website. Miami Herald reported that the couple cited breach of contract, unfair trade practices that violate the state's general contract laws and the show's "bizarre" business model as their causes of action. (more...)
Verizon Wireless employees strike over contract negotiations Verizon Wireless employees strike over contract negotiations
- April 23, 2016

Non-union Verizon employees were trained over the a year ago to handle the work typically done by the striking workers, according to the company. The union also claims Verizon won't negotiate with people who work in Verizon stores and is closing call centers. (more...)
Report Lists Bass Pro Shop, Goldman Sachs for Possible Cabela's Bid Report Lists Bass Pro Shop, Goldman Sachs for Possible Cabela's Bid
- April 21, 2016

While most hunting may be an individual sport, Bass Pro Shops is said to be teaming up with Goldman Sachs to make an offer for Cabela's. Bass Pro and Goldman's consortium faces competition for Cabela's from buyout firms, and the sale process is still in the early stages, the sources said on Tuesday. (more...)
UAE fund says Malaysia's 1MDB in default on $1 bln deal
- April 20, 2016

The Malaysian government on Tuesday (Apr 19) slammed the Wall Street Journal's (WSJ) latest allegations that the money paid by troubled state investment fund 1MDB to a shell company later ended up in Prime Minister's Najib Razak's bank accounts, saying it was "completely false". (more...)
Telangana SI (April 17th) Answer Key 2016 Telangana SI (April 17th) Answer Key 2016
- April 18, 2016

TSLPRB Chairman J Purnachandra Rao said that 95.5 per cent candidates appeared for the written test. No untoward incidents have been reported. Candidates who had written the examination can check answer key and cutoff marks from the direct link provided below. (more...)
Charles Manson disciple Leslie Van Houten granted parole
- April 16, 2016

Leno La Bianca's nephew Louis Smaldino has asked the California panel to not release Van Houten from prison, calling the Manson family "terrorists, albeit homegrown". The now-66-year-old Van Houten was convicted in the 1969 murders of wealthy grocer Leno La Bianca and his wife Rosemary in their Los Angeles home. (more...)
Microsoft says male-female pay gap virtually zero Microsoft says male-female pay gap virtually zero
- April 15, 2016

Women earn an average of 79 cents for every dollar that a man makes. So that's the headline number. A few pennies here, a few pennies there - it may not sound like a lot, but a 14-cent gap amounts to a $12,000 difference in annual earnings. (more...)
Microsoft has added new extensions to its Edge browser Microsoft has added new extensions to its Edge browser
- April 10, 2016

According to PC World , ad-blocking in Edge, IE's replacement, will most likely be rolled out in the next version of the browser (version 4682811), though Microsoft gave no exact date for its arrival. A few weeks ago, Microsoft finally released a version of Edge that supported extensions to those who are in the Insider program. Developers also expect to get a preview of the features as expected from the Microsoft way of doing things. (more...)
Smith & Wesson Holding (SWHC) Fell To A 6-Week Low After Downgrade Smith & Wesson Holding (SWHC) Fell To A 6-Week Low After Downgrade
- April 08, 2016

The company has a market cap of $1.28 billion and a P/E ratio of 22.89. Analysts predict that Smith & Wesson Holding Corp will post $1.70 EPS for the current fiscal year. However, its previous closing price was recorded at $27.76. This is down from average of 3.12M shares. The disclosure for this sale can be found here. (more...)
Why New Jersey Is in Trouble if One Man Moves to Florida Why New Jersey Is in Trouble if One Man Moves to Florida
- April 08, 2016

Currently, less than one percent of Garden State taxpayers, i.e., the uber-rich like Tepper, actually pay about a third of New Jersey's income tax bill. The potential hit to the state of New Jersey is so large, in fact, that a state budget expert mentioned the loss of Tepper as a meaningful hit to revenues. (more...)
Analyst Rating Update on Ultra Petroleum (UPL)
- April 07, 2016

Whiting Petroleum Corporation, a DE corporation, is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in the Rocky Mountain and Permian Basin regions of the United States. (more...)
Analyst Rating Update on Whitewave Foods Company (The) (WWAV)
- April 07, 2016

If P.E ratio of any stock is 10, it tells that stakeholders are willing to pay ten times of a firm's earning to buy that stock. The fund owned 3,968,801 shares of the company's stock after selling 44,563 shares during the period. 05/01/2015 - Flowers Foods, Inc. had its "hold" rating reiterated by analysts at Zacks. Whitewave Foods Company (The) (NYSE:WWAV) PEG ratio for the coming years stands at 1.62. (more...)
Spectra Energy Corp (NYSE:SE) Rating Update
- April 07, 2016

With 5.81 million shares average volume, it will take short sellers 5 days to cover their SE's short positions. Talen Energy Corp ( NYSE:TLN ) opened at 9.52 on Monday. Rhumbline Advisers raised its stake in Talen Energy Corp by 3.0% in the fourth quarter. 2 Wall Street Firms have rated the stock as a strong buys. Augustine Asset Management bought a new stake in Spectra Energy Corp. (more...)
Freeport-McMoRan says oil & gas unit CEO stepping down
- April 07, 2016

Reuters reports Freeport-McMoRan announced this morning that it would eliminate all executive management roles at the oil and gas unit, and integrate the financial and administrative roles with the company's corporate functions. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc.in July 2014. Finally, Vetr downgraded shares of Freeport-McMoRan from a "strong-buy" rating to a "buy" rating and set a $4.90 price objective for ... (more...)