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Business

Arby's Buying Buffalo Wild Wings In Deal Valued At $2.4B

On November 28, Buffalo Wild Wings announced that it will merge with Arby's Restaurant Group, which is majority owned by affiliates of Atlanta-based private equity firm Roark Capital Group. Pacad Investment Ltd. now owns 9,400 shares of the restaurant operator's stock valued at $1,191,000 after acquiring an additional 1,800 shares during the period.

Business

Planes grounded at JFK after clipping wings on taxiway

It happened just after 7 p.m. Monday. The Egypt Air plane returned to the terminal area unassisted. The Federal Aviation Administration says the other plane involved was EgyptAir Flight 986, a Boeing 777 headed to Cairo. Debris from plane wings can be seen on the runway ground. There were no reports of injuries in the incident. The FAA has launched an investigation into who was at fault for the collision.

Business

Barracuda Networks, Inc. (CUDA) Lowered to Hold at Stifel Nicolaus

Renaissance Group LLC now owns 14,118 shares of the communications equipment provider's stock worth $326,000 after acquiring an additional 343 shares during the period. In other news, CFO Dustin Driggs sold 1,250 shares of the stock in a transaction that occurred on Friday, September 1st. Victory Capital Management Inc.

Business

More Than 100 Passengers Rescued From Stranded NYC Ferry

Passengers on a East River ferry don life jackets after the ferry ran a ground in Manhattan NY on November 27, 2017. . "By the time he moved you could feel that rumble of the rotors hitting the sea floor". "We are glad all passengers were safely disembarked and regret the inconvenience", Melissa Grace, a spokeswoman for de Blasio, said in a statement.

Business

Marvell Technology Group (MRVL) Receives Daily News Impact Score of 0.21

This nets out to a decrease of 4.92 million shares and is another bearish sign for MRVL . Marvell Technology Group (NASDAQ: MRVL ) last released its quarterly earnings results on Thursday, August 24th. Gsa Cap Prtnrs Llp holds 44,425 shares or 0.05% of its portfolio. The Fund's investment objective is to seek a high level of current return consisting of dividends, interest and other similar income while attempting to preserve capital.

Business

OECD revises UK GDP growth forecast up to 1.2% for 2018

In its latest set of projections, the OECD said growth for this year would be at 1.5%, slightly down from its previous forecast of 1.6%. The OECD expects global growth to strengthen to 3.6 per cent this year, up from 3.1 per cent in 2016.

Business

Shell Midstream Partners LP (SHLX) PT Lowered to $30.00

The ratio is a comparison of the firm's net asset value per share to it's current price. About 149,753 shares traded. It has outperformed by 38.56% the S&P500. The company was initiated on Thursday, September 1 by Mitsubishi UFJ. The firm earned "Hold" rating on Monday, April 24 by Scotia Capital. The company was maintained on Friday, July 14 by Morgan Stanley.

Business

Michigan, pipeline company reach deal to keep controversial line running

Enbridge Energy Company and the state have agreed to a new set of requirements to improve the safety of Line 5 running under the Straits of Mackinac. We also will do our part with increased responsiveness by taking meaningful, concrete actions. Enbridge and the state are still negotiating a permanent agreement on the future of Line Five.

Business

SoftBank Is Said to Seek Uber Shares at $48 Billion Valuation

The two companies earlier this month announced an agreement for SoftBank to lead a $1 billion investment, and to open discussions with existing stakeholders to buy up to 14 percent of Uber shares. Shareholders will need to sell at the $48 billion valuation. An Uber spokesman declined to comment. A second person said the offer price was in line with what investors had been expecting.

Business

What is Giving Tuesday and how can you take part?

The worldwide phenomenon helped raise more than $168 million in charitable donations past year, most through a variety of donation websites and those of nonprofits. It was the most amount of money donated to charity online in 24 hours. The current tax reform plan has serious implications for those who give, and those who receive help.

Business

Nightmare on 34th Street: Cards Fail at Macy's on Black Friday

Salesforce says 42% of Black Friday orders were placed on a smartphone, and only 49% on a desktop or laptop computer. Here and there were signs of the pandemonium for which Black Friday was long known. Still, traditional retailers earn the bulk of their revenue from in-store buys. But Brian Field, senior director of advisory services for ShopperTrak, is optimistic.

Business

Lloyds, RBS, Barclays and HSBC pass Bank of England's stress test

All seven lenders passed but Barclays and Royal Bank of Scotland struggled. Governor Mark Carney said the Bank's Financial Policy Committee was "taking action to ensure the financial system is resilient to a very broad range of risks so that the people of the United Kingdom can move forward with confidence that they can access the financial services they will need to seize the opportunities ahead".

Business

Safe cyber shopping tips for the holiday season

Make sure to always read the fine print with coupons and sales. Many online orders can be returned for a full refund, but others have restocking fees. Often lasting just a few hours, these lightning deals encourage you to purchase items you don't even need just to take advantage of the price cut. Look for https before the website's name and a lock icon.

Business

Both Tumblr's founder and head of communications have left the company

Yahoo , in turn, sold to Verizon and Tumblr was part of the group of assets that were joined with AOL to form the Verizon subsidiary Oath . What those ambitions might be is anyone's guess, but it is nearly safe to assume that anything that follows Tumblr should be at least as thought-provoking, culturally significant, divisive, disruptive and innovative as the blogging site/gif hub/pop culture haven.

Business

TRAI to issue Net neutrality recommendations tomorrow

The Telecom Regulatory Authority of India (Trai) will give its recommendations on the contentious issue of net neutrality on Tuesday. "The Authority recommends that the terms of various license agreements governing the provision of Internet services in India (UL, VNO license, UASL and CMTS) be amended in order to incorporate the principles of non-discriminatory treatment of content by Internet Access Services along with the appropriate exclusions and exceptions", TRAI added.

Business

The Amazon.com, Inc. (AMZN) Given Outperform Rating at Robert W. Baird

As such, the analyst reiterates a Highly Attractive rating on AMZN stock with a $1,270 price target, which represents a 6% increase from current levels. It worsened, as 64 investors sold AMZN shares while 542 reduced holdings. 108 funds opened positions while 357 raised stakes. Its down 0.77% from 4.11 million shares previously.

Business

JLB & Associates Inc. Invests $10.87 Million in Microsoft Corporation (NASDAQ:MSFT) Stock

About 18 shares traded. Nippon Life Insurance Company decreased Microsoft Corp ( MSFT ) stake by 8.76% reported in 2017Q2 SEC filing. Diam Company Ltd sold 19,233 shares as Voya Finl Inc (VOYA)'s stock declined 15.66%. Raymond James maintained Microsoft Corporation (NASDAQ: MSFT ) rating on Friday, July 21. Another recent and important Parsley Energy Inc (NYSE:PE) news was published by Prnewswire.com which published an article titled: "Parsley Energy Announces Third Quarter 2017 Financial ...

Business

Mars, Diageo, Cadbury, Lidl Pull YouTube Ads After Predatory Videos

One of the most prominent examples of this trend is the "Toy Freak" channel which was one of the 100-most-viewed YouTube channels with over 8.5 million subscribers. "We are deeply concerned and are investigating this as a matter of urgency", a Diageo spokesperson said. HP has also suspended its advertising globally on YouTube.

Business

Wells Fargo & Company (NYSE:WFC)

Looking at the stock's movement on the chart, Wells Fargo & Company recorded a 52-week high of $59.99. Investors Asset Of Georgia Ga Adv accumulated 4,980 shares or 0.17% of the stock. The Firm is a diversified financial services company. It has a 23.45 P/E ratio. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management.

Business

Price Target Overview of Cisco Systems, Inc. (NASDAQ:CSCO)

The company shows its Return on Assets (ROA) value of 7.9%. $244,125 worth of Cisco Systems, Inc . The stock increased 0.11% or $0.04 during the last trading session, reaching $36.49. While for the Next 5 years, the company could expect a growth of 9.3% per annum, whereas in the past Five years Cisco Systems, Inc . showed a growth of 4.84 Percent per annum.

Business

Man arrested over alleged Melbourne New Year's Eve terror plot

Federation Square is of the most popular spots in Melbourne to bring in the new year. "It is now questioned for the preparation of a terrorist act and to have collected documents to facilitate a terrorist act", one can read in a statement obtained by ABC News.

Business

LLC Sells 15056 Shares of Exxon Mobil Corporation (XOM)

As per Monday, June 5, the company rating was upgraded by Scotia Capital. The firm earned "Neutral" rating on Monday, October 31 by Goldman Sachs. The firm has "Underperform" rating given on Wednesday, November 18 by Raymond James. Salesforce.com, inc. has a beta of 0.82, offering the possibility of a higher rate of return, but also posing more risk. Insider ownership during the latest quarter decreased by a net of 24569 shares, indicating that XOM's key executives are feeling more bearish ...

Business

New Home Sales Surging

The second strongest in the report came out of the West, where new home sales rose 13.7%. Sales in September, which originally were reported as a 10-year record, were revised down. "Through the volatility, sales have averaged a 613,000 annual rate so far this year, up from 561,000, on average, in 2016, 503,000 in 2015 and 440,000 in 2014", he said in a research note.

Business

Marathon Patent Group, Inc. - MARA - Stock Price Today

Nxt-ID, Inc. (NASDAQ:NXTD)'s market cap, the total dollar value of all of their outstanding shares, is 26.19m. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. You can get a sense of how sustainable that is by a levered free cash flow of $-16.72 Million over the past twelve months. Looking into the profitability ratios of MARA stock, investor will find its ROE, ROA, ROI standing at #VALUE!%, -97.3% and -265.7%, respectively.

Business

The Walt Disney Company (DIS) receives consensus rating of 2.40

It has underperformed by 21.16% the S&P500. Kings Point Capital Management increased Disney Walt Co Disney Com ( DIS ) stake by 15.27% reported in 2017Q2 SEC filing. Ubs Oconnor Ltd Liability Company reported 0% of its portfolio in Kellogg Company (NYSE:K). The company moved in the past week with shift of -0.93%. Seaward Management Partnership reported 274,356 shares or 1.45% of all its holdings.

Business

US Charges Three Members of Elite Chinese Cyber-Espionage Unit

In the U.S. indictment, APT3 is alleged to have attacked Moody's Analytics, Siemens' Pittsburgh office, and global positioning system company Trimble, through a spear-phishing campaign that sought to install malware on victims' systems. Researchers at security firm Symantec concluded previous year that the actions APT3 were consistent of those of a state-sponsored actor. The Justice Department said the three defendants, who worked for Guangzhou Bo Yu Information Technology Company, ...

Business

Budweiser's future for beer: sending barley to space next month

Budweiser is also partnering with Space Tango, a company that develops payloads for microgravity research and pilot manufacturing aboard the ISS. The company hopes to make its " Budweiser " the first beer brand ever served on Mars. Some of the planned experiments will study the barley as it is subjected to exposure, and on its germination. The seeds will be placed in orbit for a period of 30 days, and will be brought back to earth.

Business

Keystone pipeline to restart operations on Tuesday

Separately, a South Dakota state official says TRP has excavated the damaged section of the Keystone pipeline that recently leaked more than 5K barrels of oil. A spokesman for DNV did not respond to a request for comment. " They testified that this is going to be a state-of-the-art pipeline ", said one of the commissioners, Gary Hanson.

Business

MA gas prices down 5 cents this week

Gas prices in MA are down five cents this week. That is about 10 cents lower than last week's average and up 44 cents from the same time previous year. Depending on the outcome, gas prices could increase further. OPEC's decision may reverberate at pumps in the months and year ahead, and while the decision is likely to be an extension of production cuts made at their meeting a year ago, it's certainly not yet guaranteed.

Business

Grandma, teen who went viral after texting mishap meet for 2nd Thanksgiving

Wanda Dench sent text messages a year ago, inviting family over for Thanksgiving. A grandmother who previous year became an online sensation after mistakenly texting the wrong teenager about Thanksgiving dinner plans extended the invite again.

Business

IShares iBonds Dec 2022 Term Corporate (IBDN) Rises 0.08% for Nov 26

Monitoring FCF information may help provide some excellent insight on the financial health of a specific company. The mindset of one investor may be completely different from another. Ishares MSCI India ETF has a 52-week low of $25.79 and a 52-week high of $35.79. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70.

Business

Sensex, Nifty end flat; NTPC, Axis Bank top gainers

The broader NSE Nifty closed up 0.09 percent at 10,399.55, after earlier falling as much as 0.5 percent. A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange ( BSE ) building in Mumbai, India.

Business

Israeli Court Says 'No' To Uber

However, Judge Eitan Orenstein found that Uber Israel did not meet the criterion for ridesharing by which drivers simply cover their costs for a journey. The firm launched its pilot ride-sharing programme in Israel previous year, but has faced opposition from the Transportation Ministry, which filed a suit against the company in May for violating regulations.

Business

Ocado Group PLC 101.3% Potential Upside Indicated by Credit Suisse

Finally, Liberum Capital reiterated a "buy" rating and set a GBX 1,460 ($19.20) target price on shares of IMI in a research report on Friday, July 28th. The firm has "Hold" rating by Numis Securities given on Thursday, November 19. JP Morgan maintained the stock with "Overweight" rating in Friday, July 8 report.

Business

United Kingdom citizens to sit safety tests to fly drones

Under the new legislation, drone owners may be forced to take safety awareness tests before they can take to the air. In addition, drones over the same weight limit may also be banned from flying above 400 ft and near airports or areas of sensitivity, which could be achieved with geofencing technology.


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