Markets

Macy's Having Problems With Credit-Card Transactions

Macy's Having Problems With Credit-Card Transactions But the slowdown's timing-as well as Macy's vocal, disgruntled shoppers on social media-is a black eye that could be heal as retail becomes increasingly cutthroat in the face of e-commerce's 2017 gains. Macy's had a website outage during last year's Black Friday, which had a negative impact on its quarterly earnings. The chain's online sales began at midnight Thursday, and many products were una... [Full Article...]

Trump Names Mulvaney As Temporary CFPB Head

Trump Names Mulvaney As Temporary CFPB Head In his resignation letter Friday, Cordray said that the agency "has stood on the side of consumers to see that they are treated fairly, worked to improve their financial situations and held financial institutions accountable". "It puts attention where it should be, which is on the White House formally nominating someone and going through the process". However, the White House had already said it... [Full Article...]

The birth of Black Friday was a dark day for retailers

The birth of Black Friday was a dark day for retailers The research showed as many as 67 per cent of the population feel the mass sale is just a "marketing gimmick". Dyson said shopping on Black Friday and lining up in a long queue on Thursday were an adrenaline rush. "Conversion rates across the board are seeing double digit growth, and we'll see that continue throughout the week as we expect Black Friday and Cyber Monday to pull in the most sp... [Full Article...]

Research Report For Annaly Capital Management, Inc. (NLY)

It has underperformed by 9.97% the S&P500. Altria Group, Inc.is a holding company. This company shares are 270.07% off its target price of $27.2 and the current market capitalization stands at $559.78M. The company beat the analyst EPS Estimate with the difference of $0.01. Trading volume for Annaly Capital Management, Inc . was 5.89 Million in its previous trading session. [Full Article...]

Homrich & Berg Lowers Position in Wells Fargo & Company

Wells Fargo & Company (NYSE: WFC ) traded up $0.03 during midday trading on Friday, hitting $54.09. COPYRIGHT VIOLATION WARNING: "Homrich & Berg Lowers Position in Wells Fargo & Company (WFC)" was first posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. [Full Article...]

Do You Have The Walt Disney Company (NYSE:DIS) In Your Portfolio?

Do You Have The Walt Disney Company (NYSE:DIS) In Your Portfolio? The Walt Disney Company (NYSE:DIS) closed its last session at $102.74. The stock increased 0.35% or $0.08 during the last trading session, reaching $23.12. In analysts note shared with investors and clients on Friday, 10 November, B. Riley maintained their "Neutral" rating on shares of DIS. Drexel Hamilton downgraded Walt Disney Co (NYSE:DIS) on Monday, September 26 to "Hold" rating . [Full Article...]

Amazon's Jeff Bezos surpasses $100 billion net worth

Amazon's Jeff Bezos surpasses $100 billion net worth Forbes , the other service, shows him just scraping by, with $99.6 billion to his name. The stock got a lift from reports that online shopping on Thanksgiving and Black Friday jumped 18% compared with previous year. Bezos also invests in start-ups , and owns The Washington Post and space company Blue Origin. Amazon shares are up 58% this year, enough to enrich Bezos by about $34 billion. [Full Article...]

Black Friday is here: Crucial holiday season begins for battered retailers

Black Friday is here: Crucial holiday season begins for battered retailers In this post , we're going to run through the best deals you'll find at America's top consumer electronics retail chain, Best Buy . "I went to Target one year, and the line was ridiculous", said Wakefield, who'd already completed his Christmas shopping and was there just to get a Star Wars item for his collection. [Full Article...]

European workers revolt on Amazon's big day

European workers revolt on Amazon's big day Italian and German Amazon workers will strike on Black Friday. Workers have also decided not to do any overtime until December 31, covering the peak season for the online retailer which hires temporary workers during this period. E-commerce is a fast-growing segment in the region, but now it accounts for just 10% (half the European average) of the total retail sales, notes BBC , citing cons... [Full Article...]

Microsoft Corp (MSFT) Holder Blackrock INC Has Upped Its Position

It has outperformed by 17.82% the S&P500. Fernwood Investment Management Llc increased Ctrip Com Intl Ltd American Dep Shs (CTRP) stake by 45.27% reported in 2017Q2 SEC filing. They expect $0.86 EPS, up 3.61% or $0.03 from last year's $0.83 per share. MSFT's profit would be $6.59B giving it 24.16 P/E if the $0.86 EPS is correct. [Full Article...]

Paddy Power held talks about potential deal with CrownBet

Paddy Power held talks about potential deal with CrownBet James Packer's Crown resorts is in talks over the future of its 62% holding in bookmaker CrownBet . The UK-listed betting name stressed the discussions were "preliminary" and there was no certainty an agreement would be reached. William Hill has confirmed it is in talks over a prospective merger with CrownBet after media speculation over a potential tie-up. CrownBet had opposed the plan... [Full Article...]

Russian Federation and OPEC agree to extend oil output cuts until end

Russian Federation and OPEC agree to extend oil output cuts until end An understanding had also been reached that an announcement should be made at that OPEC meeting, scheduled for 30 November. Russian Federation said on Friday it is ready to support extending a deal among oil producers on cutting output, less than a week before OPEC meets in Vienna to discuss policy, although it has yet to say how long it should be for. [Full Article...]

CBS and Dish Network reach deal to end blackout

CBS and Dish Network reach deal to end blackout CBS's president of television network distribution Ray Hopkins released a statement . For sports fans, that means several million will miss out on today's Chargers at Cowboys game airing on CBS. CBS, the most-watched broadcast network , ran into contractual issues with Dish Network when it insisted that its smaller channels like Smithsonian, Pop and CBS Sports Network be bundled with the Big 4... [Full Article...]

More Than 450 Las Vegas Shooting Victims Sue Over Attack

More Than 450 Las Vegas Shooting Victims Sue Over Attack The owners of the Mandalay Bay hotel in Las Vegas could be forced to pay a huge legal bill after being sued by hundreds of victims of the October 1 mass shooting. One of the attorneys working on these lawsuits told Rueters that they were filed in Los Angeles Superior Court for two reason. MGM Resorts International, for example, might have advantages in Nevada-based cases due to the tens of tho... [Full Article...]

Mahindra, Uber come together for electric vehicles push in India

Mahindra, Uber come together for electric vehicles push in India The Mumbai-based company is one of the earliest entrants to the electric vehicle business, acquiring electric carmaker Reva in 2010. India's Tata Motors is working on an electric version of its Nano small vehicle, and already developed an electric version of its Tiago and Bolt hatchbacks. [Full Article...]

Newell Brands Inc. (NWL)- Stocks Showcasing Performance Assessment Rally

BidaskClub lowered shares of Newell Brands from a "buy" rating to a "hold" rating in a research report on Thursday, July 13th. At the time of writing, Newell Brands Inc . Korea Invest Corporation has invested 0.18% in Newell Brands Inc (NYSE: NWL ). In other Newell Brands news, CEO Michael B. Polk bought 7,000 shares of Newell Brands stock in a transaction that occurred on Monday, November 20... [Full Article...]

Steam Black Friday 2017 Sales - Best Games on PC Get Massive Discounts

Steam Black Friday 2017 Sales - Best Games on PC Get Massive Discounts You can even get great deals on complete series. It also makes it easy to compare prices with the ongoing Origin , Ubisoft Store , GOG , and Humble Store Black Friday sales . If the GameStop link sells out, it's also available direct from Steam. Also of note is the return of Steam Awards , with unusual categories like "no apologies" and "labor of love", not to mention "the world is grim eno... [Full Article...]

Locals buck Black Friday traditions in favor of Thanksgiving shopping

Locals buck Black Friday traditions in favor of Thanksgiving shopping However, one Black Friday shopper, Marie Sarno from Syracuse, was in line for a different reason. Kemp said like many others, they wait until the biggest shopping day of the year to get just about all the holiday gifts they need. The Mall At Robinson opened at 6:00 a.m. on Black Friday. "There just really aren't words", said Evans. "I mean, it's pretty cliche, but it's not about receiving, but... [Full Article...]

S&P affirms India rating at BBB- with stable outlook

S&P affirms India rating at BBB- with stable outlook It said its stable outlook for India reflects its sound external account position. "The ratings on India reflect the country's strong GDP growth, sound external profile, and improving monetary credibility". The government aims at bring down fiscal deficit to 3 per cent of GDP in FY19 from 3.2 per cent budgeted in the ongoing financial year. Last week, Moody's revised the country's sovereig... [Full Article...]

Holiday shopping arrives with Thanksgiving, Black Friday

Holiday shopping arrives with Thanksgiving, Black Friday ET on Thursday, according to Adobe Analytics, which tracked 80 per cent of online transactions at the top 100 USA retailers. Every Black Friday there's a raft of tablet deals available from Amazon and other retailers - and 2017 is looking like no exception. [Full Article...]


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