Markets

Circuit City to Launch Comeback on February 15

Circuit City to Launch Comeback on February 15 After teasing a major announcement last week, Circuit City CEO Ronny Shmoel announced during a press conference at the that the once-bankrupt company will be relaunching its website February 15. Shmoel added at CES that the company revamped its website with new features such as search by photo, virtual vignettes, augmented reality and real-time tech support through its video chat. [Full Article...]

Ripple surges after teaming up with MoneyGram on cryptocurrency-enabled payments

Ripple surges after teaming up with MoneyGram on cryptocurrency-enabled payments The team-up comes after both Ripple and MoneyGram made headlines this month, the latter for the fall through of its much anticipated acquisition by Chinese fintech giant Ant Financial: the operator of popular mobile payment service Alipay. [Full Article...]

Chesapeake Energy (NYSE:CHK) Given Buy Rating at SunTrust Banks

The rating was maintained by Tigress Financial on Thursday, December 21 with "Hold". Stifel Nicolaus has "Buy" rating and $400 target. Chesapeake Energy Corporation was covered by a number of analysts recently, 1 rated the stock as Buy, 3 rated Outperform, 19 rated Hold, 6 gave an Underperform and 1 rated sell. [Full Article...]

Diet Coke Launches Into 2018 With Full Brand Restage in North America

Diet Coke Launches Into 2018 With Full Brand Restage in North America Diet Coke and the new flavours will be packaged in sleek 12-oz. cans and sold as on-the-go singles and in eight-packs. "Millennials are now thirstier than ever for adventures and new experiences, and we want to be right by their side", Rafael Acevedo, Diet Cokes North American director, said in a release. [Full Article...]

Bonuses, Raises Await Wal-Mart Workers

Bonuses, Raises Await Wal-Mart Workers The one-time bonus will amount to $ 400 million in the current fiscal year and the company will take a one-time charge in the fourth-quarter of the current fiscal year to account for the charge. The bonuses will be determined on an employee's length of service at the company, Wal-Mart said, and those workers with more than 20 years of experience will qualify to receive $1,000. [Full Article...]

Warner, Warren for Holding Credit Reporting Agencies Accountable

Warner, Warren for Holding Credit Reporting Agencies Accountable In September 2017, Equifax announced that hackers had stolen sensitive personal information - including Social Security Numbers, birth dates, credit card numbers, driver's license numbers, and passport numbers - of over 145 million Americans. [Full Article...]

OH man indicted for creating malware

OH man indicted for creating malware Durachinsky allegedly first created the malware, which later became known as " Fruitfly ", in order to control computers by uploading files, accessing stored data, taking and downloading screenshots, logging user's keystrokes and turning on the user's camera and microphone to secretly record images and audio. [Full Article...]

Woman returns 'dead' Christmas tree in January, gets full refund

Woman returns 'dead' Christmas tree in January, gets full refund When a WWLP reporter posted about the Christmas tree refund on social media, users responded with similar tales of outlandish items returned for refunds. The only items that have complicated or restricted return policies are electronics, diamonds, cigarettes and alcohol, products with a specific life expectancy, such as tires and batteries, and custom-made products manufactured to the customer... [Full Article...]

Tesco share price tumbles even as grocer posts upbeat festive sales

Tesco share price tumbles even as grocer posts upbeat festive sales Rivals Sainsbury's, Britain's second largest supermarket group, and fourth-ranked Morrisons , both beat forecasts for Christmas trading. British retailer Marks & Spencer reported a slightly better than expected fall in clothing and homeware sales in the key Christmas quarter and said its overall guidance for its full 2017-18 year was unchanged. [Full Article...]

Giant ice cream products were recalled

Giant ice cream products were recalled Fieldbrook Foods Corp. of Dunkirk, New York, has recalled several brands of orange and chocolate-covered vanilla ice cream bars because of the possibility of listeria contamination, the U.S. The company said the recall is out of precaution. It can cause miscarriages and stillbirths, and it is more risky for people with weakened immune systems, such as infants, the elderly, people who are HIV ... [Full Article...]

Toyota recalls 601000 more United States cars over airbag fault

Toyota recalls 601000 more United States cars over airbag fault Takata airbags installed in vehicles manufactured by Honda, Toyota, Audi, BMW, Daimler Vans, Fiat Chrysler, Ford, General Motors , Jaguar-Land Rover, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru and Tesla are involved in the massive recall. [Full Article...]

Murdoch's Fox looking to buy 10 Sinclair TV stations, report says

Murdoch's Fox looking to buy 10 Sinclair TV stations, report says The stock increased 1.59% or $0.55 during the last trading session, reaching $35.25. About 850,967 shares traded. It has outperformed by 2.36% the S&P500. (NASDAQ:GILD) by 9,242 shares to 10,932 shares, valued at $886,000 in 2017Q3, according to the filing. Among 36 analysts covering Qualcomm Inc. Therefore 85% are positive. [Full Article...]

Customers sue Ford over alleged emissions cheating

Customers sue Ford over alleged emissions cheating Peak torque is delivered from 1,750 rpm, contributing to the F-150's 11,400lb (5,171kg) towing capacity and 2,020lb (916kg) payload capacity, alongside targeted EPA-estimated 30mpg highway rating fuel-efficiency, according to US testing conventions. [Full Article...]

Time Warner INC (TWX) Holding Maintained by Empyrean Capital Partners Lp

Stifel Nicolaus maintained it with "Hold" rating and $105 target in Monday, October 24 report. ( TWX ) has a market cap of $72.4 billion and over the last 12 months, Time Warner Inc . Qci Asset has invested 0% in Time Warner Inc . The media conglomerate reported $1.82 EPS for the quarter, topping the consensus estimate of $1.59 by $0.23. [Full Article...]

Should Value Investors Pick HCP, Inc. (HCP), Medical Properties Trust, Inc. (MPW)

The 20-day may be of analytical benefit to a shorter-term trader since it follows the price more closely, and therefore produces less "lag" than the longer-term moving average. Investors sentiment is 0.96 in 2017 Q3. (MPW) stock price distance from twenty day simple moving average slumped at -2.82% while its distance from fifty day simple moving average declined -2.39% along with 0.62% above dista... [Full Article...]

Richard Allison to Replace Domino's CEO Patrick Doyle

Richard Allison to Replace Domino's CEO Patrick Doyle DPZ stock price climbed 24.54% over the past year, yielding a negative weighted alpha of percent. About 1.48 million shares traded or 24.31% up from the average. A number of hedge funds have recently bought and sold shares of DPZ . Soros Fund Mngmt Ltd Liability, New York-based fund reported 1,600 shares. In trading after hours, shares of Domino's dropped by 2.8% following the news of Doyle's ... [Full Article...]

Apple ordered to pay £136 million tax bill following 'extensive' United Kingdom audit

Apple ordered to pay £136 million tax bill following 'extensive' United Kingdom audit In the accounts of one of its United Kingdom subsidiaries, Apple Europe, filed on Companies house, the tech giant said it had agreed to pay a corporate tax adjustment after an "extensive audit" by HM Revenue & Customs. The total tax charge was £192m. Apple's tax struggles in Europe have been well documented in the past , and now an extensive audit has forced the company to pay an additional t... [Full Article...]

Paycheck Politics: Democrats Worry the IRS Will Game the New Tax Tables

Paycheck Politics: Democrats Worry the IRS Will Game the New Tax Tables Under the tax law, legal holidays in the District of Columbia affect the filing deadline across the nation. "Although the IRS will begin accepting both electronic and paper tax returns January 29, paper returns will begin processing later in mid-February as system updates continue", the IRS said in a statement . [Full Article...]

Man takes poison at BJP office, dies

Man takes poison at BJP office, dies Prakash Pandey, a businessman from Haldwani, had attempted suicide by consuming poison before he went to a "Janata darbar" state minister Subodh Uniyal was holding at the BJP office in Dehradun . Chief Minister Trivendra Singh Rawat said he was sad to learn about Mr. Pandey's death. Uniyal had said Pandey's action "looks politically motivated", The Indian Express reported. [Full Article...]

NYC sues oil companies over climate change

NYC sues oil companies over climate change NY became the largest American city to sue Big Oil, demanding that ExxonMobil, Chevron, BP, Royal Dutch Shell and ConocoPhillips pay for the cost of protecting the city from the "existential threat" of climate change. "New York is not only suing the oil companies, it's announcing a massive divestment from them", Bill McKibben, co-founder of 350.org, told ThinkProgress via email. [Full Article...]


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