Markets

Markets GE posts $10 billion loss By
Author: 0 GE posts $10 billion loss By

About 22.19M shares traded. It has underperformed by 21.16% the S&P500. Holt Capital Advsrs Dba Holt Capital Prtn Lp reported 0.42% stake. Visa Inc now has $283.77 billion valuation. On Tuesday, October 20 the stock rating was maintained by S&P Research with "Buy". Stifel Nicolaus has "Buy" rating and $32 target. Also, Director Steven M.

Markets United States casino magnate Steve Wynn accused of sexual misconduct
Author: 0 United States casino magnate Steve Wynn accused of sexual misconduct

Commerzbank Aktiengesellschaft FI grew its stake in Wynn Resorts, Limited (NASDAQ:WYNN) by 14.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. FEC records also show donations to Democrats, including Hillary For America, Hillary Clinton's 2016 presidential committee, in 2015 and the Democratic Congressional Campaign Committee in 2000.

Markets Elon Musk gets fired up to sell flamethrowers
Author: 0 Elon Musk gets fired up to sell flamethrowers

In true Elon Musk fashion, however, the fiery device actually turned out to be real. In addition to the flamethrower, "overpriced" Boring Company fire extinguishers are available for pre-order as well, for $30 Dollars. No dates about the release of the Freezegun have been provided. Considering Musk's previous statements about building the Boring Company one hat at a time, it seems like the flamethrowers are proving to be a great way to augment the tunneling startup's funds even more.

Markets IKEA's Founder Has Died At 91
Author: 0 IKEA's Founder Has Died At 91

Mr Kamprad founded Ikea - formed from his initials (I.K) and the first letters of Elmtaryd and Agunnaryd (the farm and village where he grew up) - in 1943 at just 17. In 1950, Kamprad introduced furniture into his catalogue, pieces that were produced by local manufacturers in the forests close to his home. Mr Kamprad is reported to have come up with the idea of flat-pack furniture after watching an employee remove the legs from a table in order to fit it into a customer's auto.

Markets Southwest Airlines profit more than triples on $1.4B tax benefit
Author: 0 Southwest Airlines profit more than triples on $1.4B tax benefit

The company's market cap is $36.92 Billion, and the average volume is $4.77 Million. Bank of America downgraded shares of Southwest Airlines from a "buy" rating to a "neutral" rating and set a $73.00 target price on the stock.in a research report on Tuesday, January 9th.

Author: 0 Starbucks shares down four% after quarterly outcomes

It has outperformed by 18.68% the S&P500. Wendell David Assocs Inc owns 0.93% invested in Starbucks Corporation (NASDAQ: SBUX ) for 97,504 shares. The Cypress Capital Management Llc Wy holds 3,000 shares with $161,000 value, down from 16,340 last quarter. It also reduced its holding in Charter Communications Inc N by 21,978 shares in the quarter, leaving it with 116,109 shares, and cut its stake in Tempur Sealy Intl Inc (NYSE:TPX).

Markets NASA GOLD makes orbit despite Ariane-5 rocket mishap
Author: 0 NASA GOLD makes orbit despite Ariane-5 rocket mishap

For every successful space launch that sends crew or much-needed supplies into space, there is an unsuccessful one such as what happened to SpaceX towards the end of previous year. SES-14 was manufactured by Airbus, and will be used for a variety of purposes in addition to NASA's GOLD mission. Orbital ATK , which built Al Yah 3 for the UAE's Yahsat , similarly reported that Al Yah 3 is OK and they will execute a revised flight plan to get it to its intended location, but did not say how ...

Markets MBC founder released by Saudi authorities from Ritz Carlton
Author: 0 MBC founder released by Saudi authorities from Ritz Carlton

Saudi Arabian billionaire Prince Alwaleed bin Talal sits for an interview with in the suite where he has been detained at the Ritz-Carlton in Riyadh , Saudi Arabia . His investments span the globe, including the Four Seasons Hotel George V in Paris, the Savoy in London and the Plaza in NY. The release of Prince Alwaleed , whose net worth has been estimated by Forbes magazine at $17bn, may reassure investors in his business empire.

Markets Shoppers In France Are Full On Punching On Over Nutella
Author: 0 Shoppers In France Are Full On Punching On Over Nutella

The BBC reports a discount on Nutella has led to " violent scenes " in a chain of French supermarkets as shoppers fought - yes fought - to get their mitts on a nutty bargain. One supermarket says it sold 700 pots in just 45 minutes. France may be headed for a Nutella shortage after this sale clears all the shelves ! The supermarket has not released a statement but Italian company Ferrero , which produces Nutella , did release a statement saying that they wanted to clarify that ...

Markets Stamp out easy mail access to deadly fentanyl, Senate report urges
Author: 0 Stamp out easy mail access to deadly fentanyl, Senate report urges

In response to the investigation, China announced it would work with the United States to crack down on the illicit trade, according to the South China Morning Post . Many common opioids can be purchased through Chinese pharmacy websites with some vendors even openly bragging about how they avoid drug screenings.

Markets Cryptocurrency worth 58 bil. yen disappears from Japan exchange
Author: 0 Cryptocurrency worth 58 bil. yen disappears from Japan exchange

That's some $80 million more than was taken in the Mt. Gox bitcoin hack . For instance, Coincheck's website says that bitcoins are to be stored offline when they are not being traded. Following the hack, the Coincheck exchange has hosted a press conference to provide the details of what has happened and what's coming next. NEM, or New Economy Movement, launched on March 31, 2015 with the currency symbol XEM.

Markets Boeing suffers blow as trade court blocks 300% tariff against Bombardier
Author: 0 Boeing suffers blow as trade court blocks 300% tariff against Bombardier

The case, among others leveled against Canada, by the United States lately, have inflamed tensions between the two countries in ongoing negotiations to update the 24-year-old North American Free Trade Agreement. "Global trade only works if everyone adheres to the rules we have all agreed to". Airbus CEO Tom Enders said in a statement - "We are happy to see that the ITC concurred with our views".

Markets Reba McEntire is Colonel Sanders
Author: 0 Reba McEntire is Colonel Sanders

Clad in the Colonel's trademark white suit and black tie, McEntire made her debut with a tongue-in-cheek country song. In the new commercial, McEntire appears to be performing as herself onstage, then takes off her wig to reveal her true identity, the Colonel, goatee and all! KFC's new Smokey Mountain BBQ offering blends two of America's favorite things: fried chicken and BBQ sauce.

Markets Fourth Quarter GDP Grew 2
Author: 0 Fourth Quarter GDP Grew 2

Still, consumer spending, the biggest contributor to growth, grew at its fastest pace in more than a year . Rising imports underscore the challenges that the Trump administration faces in its quest to boost annual GDP growth to 3 percent.

Markets USA oil worth tops $65 for first time since 2014
Author: 0 USA oil worth tops $65 for first time since 2014

The dollar index, which measures the greenback against six major peers, decreased 0.38 percent to 89.047 at 3:00 p.m. (2000 GMT). But there is also the much bigger issue of production: last week, crude oil production in the USA hit 9.878 million bpd.

Markets PSU bank stocks tumble up to 7% on recap announcement
Author: 0 PSU bank stocks tumble up to 7% on recap announcement

Despite the capital infusion of Rs 881 billion announced by the government across public sector banks (PSB), investors should not rush to buy these PSBs but evaluate on a case-to-case basis and invest selectively, analysts say. S&P Global Ratings on Thursday said the latest infusion of capital in the state-run banks by the government is credit positive for these entities and the industry.

Markets Macron drops climate change joke about Trump at Davos
Author: 0 Macron drops climate change joke about Trump at Davos

Sign up today for a free 30 day free trial of unlimited digital access. President of France Emmanuel Macron told the Davos summit that globalization was facing a crisis which required a response from companies, government and other decision makers.Macron said he was determined to show that he stood beside those left behind by globalization spanning both the middle and working class.

Markets White House: Flake-Graham-Durbin immigration
Author: 0 White House: Flake-Graham-Durbin immigration "should be declared dead on arrival"

And Trump is demanding that Congress scrap a diversity visa lottery that awards residence and work permits to people who come from "underrepresented" countries. Earlier in the day President Donald Trump signed bipartisan legislation into law placing new sanctions on Russian Federation and reducing his ability to lift the sanctions on Moscow.

Markets Local impact likely from Trump tariffs
Author: 0 Local impact likely from Trump tariffs

Georgia ranks 9th in solar capacity nationwide and employs 3,000 people in the industry. The rates on solar panels were lower than projected. Longbow Research analyst David MacGregor said he expects manufacturers to raise prices but was still surprised at how quickly LG moved.

Markets Japan eruption, avalanche hit skiers
Author: 0 Japan eruption, avalanche hit skiers

A Japanese soldier has died, and at least 14 people have been injured, following an avalanche near a ski resort northwest of Tokyo . The agency said there had been no warning signs for Tuesday's eruption. Two were critically injured and three seriously, according to NHK . Four people were swept away by the avalanche, one is believed to have been buried, authorities said.

Markets Phil Neville appointment 'undermines coaching pathway for men and women'
Author: 0 Phil Neville appointment 'undermines coaching pathway for men and women'

In June 2017, David Moyes was fined 30,000 pounds ($38,000) for telling a reporter "you still might get a slap even though you're a woman", when he was manager of Sunderland. The pair lasted for just 16 league games, of which they won only three. "Yes, he doesn't know the ins and outs of the women's game but he's adaptable and I don't think it will take him long before he's memorised every player who's now playing in all the leagues", Osman told BBC Sport .

Markets Jerome Powell New Fed Chairman
Author: 0 Jerome Powell New Fed Chairman

Yellen and other Fed officials have emphasized that they hope to remain on a course of gradual rate hikes but they have warned that if inflation does start to accelerate, they may be forced to apply the brakes more forcefully by raising interest rates more quickly.

Markets New York City sues Big Pharma over the opioid epidemic
Author: 0 New York City sues Big Pharma over the opioid epidemic

At the Latino Pastoral Action Center in the Bronx Mayor Bill de Blasio , joined by his wife and Staten Island representatives, vowed to prevail in the lawsuit and use the money to continue the city's efforts to prevent more New Yorkers from getting addicted to opioids.