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Upgraded New Shepard booster flies from West Texas

Blue Origin's third New Shepard suborbital booster lifted off on its first brief up-and-down test flight Tuesday, soaring to an altitude of 322,000 feet over West Texas to prove out the rocket and its automated crew capsule, which flew with a dummy dubbed "Mannequin Skywalker" to simulate the conditions passengers riding the rocket will one day experience.

Business

More Americans than ever will travel this holiday season

The "highest year-end holiday travel volume on record", will put more than 97 million people on the roads (up 3 percent from previous years), and 6.4 million in the sky (up 4.1 percent). "Our advice to drivers is to avoid peak times altogether or consider alternative routes". Michigan's average price for a gallon of self-serve regular unleaded gasoline is around $2.49, up 20 cents from a year ago.

Business

Earnings Analysis Of Kinder Morgan, Inc. (KMI)

The institutional investor held 745,995 shares of the public utilities company at the end of 2017Q2, valued at $14.29M, up from 691,030 at the end of the previous reported quarter. sell-side analysts predict that Kinder Morgan Inc will post 0.64 EPS for the current year. Therefore 59% are positive. Kinder Morgan Inc has a 1-year low of $16.68 and a 1-year high of $23.01.

Business

BT and Sky UK Reach Agreement to Supply Premium TV Channels

Essentially, Sky and BT have signed a deal to sell their channels on each other's platforms. BT consumer brands chief executive Marc Allera said owning exclusive sports rights would remain a core part of its strategy because as well as attracting customers, it strengthened its hand when negotiating content deals with rivals.

Business

Commerce Bank Has $34.86 Million Holdings in Walt Disney Co (DIS)

Parametric Portfolio Associates Llc sold 80,056 shares as the company's stock declined 10.10% while stock markets rallied. Us Bancorp De decreased Maxim Integrated Prods Inc (NASDAQ:MXIM) stake by 12,645 shares to 63,044 valued at $2.83M in 2017Q2.

Business

Still get your Christmas shipping for free

Starting at 6 a.m. Friday Dec. 22 , all Toys "R" Us stores will remain open for 63 straight hours of continuous shopping (stores close at 9 p.m. Christmas Eve). Offers apply to in-stock, ready-to-ship items. "Many retailers offer two-day delivery for addresses within the United States, and sometimes it's even free".

Business

Alibaba will soon begin selling cars using these enormous vending machines

China's Alibaba sure knows how to move product (it is one of the world's biggest e-commerce companies, after all), and for its move into the automotive space it is pulling out all the stops. First, they must have a score of over 700 with China's Zhima Credit system (which has been decried by human rights activists as a mass-surveillance and disciplinary tool) as well as being an accredited Alibaba Super Member, one of the higher tiers of membership in the Alibaba 88 Membership program.

Business

Economy Watch: Retail Sales Surge in November

USA retail and food services sales were up by 0.8 percent in November compared with October, the Census Bureau reported Nov. 14. Data for October was revised sharply upward to 0.5 percent from the previously reported 0.2 percent rise. In a sign of confidence in the economy, the Federal Reserve raised interest rates this week for the third time this year and the fifth time since the economic crisis.

Business

Strike-hit Ryanair calls talks on union recognition

Last week, Italian union ANPAC announced plans for its members to take industrial action on 15 December between 2pm GMT and 6pm GMT. Chief Executive Michael O'Leary's long-time refusal to recognise unions was at the heart of the low-priced economic model he developed to turn the airline into Europe's largest carrier in terms of passenger numbers.

Business

DOJ Alleges Bitcoin Involved in Attempted ISIS Funding

Her plans: to join ISIS, investigators said. Prosecutors said she wired more than $150,000 to shell entities in Pakistan, China and Turkey with the intention of helping ISIS. "These transactions were created to avoid transaction reporting requirements, hide the identity, source and destination of the illicitly obtained monies, and, ultimately, benefit ISIS".

Business

Wal-Mart Stores, Inc. (WMT) Position Lifted by Fmr LLC

The Progressive Corporation (PGR ) finished at value of $55.86 after 3.41 million shares traded at hands. But in a long-term position, We are not sure that Wal-Mart Stores, Inc. (NYSE: WMT ) is 30. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.

Business

US Oil Producers May Spoil An OPEC Victory Lap Next Year

U.S. crude oil stockpiles fell by 5.1 million barrels in the week to Dec 8, the fourth consecutive week of decline, to 442.99 million barrels, the lowest since October 2015. On the New York Mercantile Exchange crude futures for January delivery rose 0.72% to $57.55 a barrel, while on London's Intercontinental Exchange, inched up 0.06% to $63.8 a barrel.

Business

NAACP Denounces FCC Vote to End Net Neutrality

Much of the debate over net neutrality has revolved around this question of classification: whether Washington regulators can wield the kind of intrusive rule making that's also used, for instance, to tell telephone providers when and where they can stop offering service.

Business

How Insiders and Institutions are Trading Microsoft Corporation (MSFT)

Sigma Planning Corp lifted its stake in shares of Microsoft by 1.9% during the second quarter. Current trade price levels places MSFT's stock about -0.99% away from the 52-week high and closed 37.77% away from the 52-week low. Goldman Sachs Gru reported 43.33M shares or 0.77% of all its holdings. Salem Capital invested in 5.09% or 132,159 shares. 45,140 are held by Cubist Systematic Strategies Ltd Liability Co.

Business

Modi calls for 'constructive' Winter Session

Keeping behind the acrimonious war of words in the campaign for Gujarat polls , Prime Minister Narendra Modi on Thursday urged all political parties to extend co-operation for smooth conduct of the Winter session of Parliament getting underway on Friday and pressed for a "national consensus" on the issue of simultaneous elections in the country.

Business

FCC commissioner heavily edits Pai's net neutrality plan to completely reverse it

It says that the "FCC will monitor the broadband market and identify market entry barriers by, among other activities, reviewing informal complaints filed by consumers, and will investigate and take enforcement action as appropriate with respect to failures by an Internet service provider to comply, in whole or in part, with the Internet Freedom Order's requirements to file with the FCC or display on a publicly available, easily accessible website the specified subjects of disclosure".

Business

The Blackstone Group LP (BX)

Blackstone now has $38.05 billion valuation. (NYSE:CVE) traded up 1.48% in the last session while performance was up 9.58% in the last five days. The volume of BX witnessed a shift from 2.38 million shares, based on a 50-day average, to 3.37 million shares.

Business

Israel drug giant Teva to cut thousands of jobs

However it has a net margin of -25.50%. The Williams %R oscillates in a range from 0 to -100. The stock now has Monthly Volatility of 5.13% and Weekly Volatility of 5.79%. The company has market cap of $15.81 billion. The fund owned 1,074,555 shares of the company's stock after selling 809,811 shares during the quarter.

Business

Income Tax Department Conducts Survey At Major Bitcoin Exchanges

The operations were led across six major cities - Bengaluru , New Delhi, Hyderabad, Kochi, Kolkata, and Gurugram - by the Bengaluru wing, under the Karnataka and Goa directorate of the department. However, on Indian bitcoin exchanges it is trading at a huge premium - for instance, on Zebpay, Bitcoin is over Rs.1380000 (or $21562) at press time.

Business

BP to consider ACCC's decision

Having announced in August that it needed more time to consider its verdict, the competition watchdog has now confirmed its position to oppose the deal, citing major concerns over future fuel prices. It said it was disappointed with the decision. Woolworths operates 531 sites and has 12 sites in development. BP already supplies fuel to approximately 1,400 of its own branded service stations throughout Australia, setting fuel prices at roughly 350 of them.

Business

Non-OPEC oil supply forecasts upgraded on USA output

Inventories of fell by roughly 5.1 million barrels for the week ended December 8, beating expectations of a draw of 3.8 million barrels. "Our current outlook 2018 may not necessarily be a happy New Year for those who would like to see a tighter market", the IEA said in its monthly report published Thursday, adding that total supply growth could exceed demand growth.

Business

Facebook Brexit probe finds just three Russian-bought adverts

But the MP leading a separate inquiry on fake news , Damian Collins, swiftly issued a statement strongly condemning Facebook and disputing those numbers. In an emailed statement, Collins said he had asked Facebook for details about "any adverts and pages paid for or set up by Russian-linked accounts", but in response Facebook provided information on only about 470 accounts and pages run by the Internet Research Agency and active during the US election.

Business

Disney to Acquire Some Assets of Fox for $52.4 Billion

It's going to be an natural disaster for show business in Los Angeles. The deal announcement comes amid considerable interest for Fox from not just Disney, but also the likes of Comcast and Verizon . "We're excited about this extraordinary opportunity to significantly increase our portfolio of well-loved franchises and branded content to greatly enhance our growing direct-to-consumer offerings", Disney CEO, Bob Iger, said in a statement.

Business

Oil up on U.S. crude stocks draw, Forties outage supports

West Texas Intermediate, the USA benchmark for the price of oil, was up 0.53 percent to $58.30 per barrel. The agreement, implemented in January, is created to drain the surplus from the five-year average of global crude oil inventories and is credited with setting a floor under crude oil prices of $50 per barrel.

Business

AUSTRAC adds to list of CBA allegations

The breach of statutory laws brought to light by AUSTRAC earlier this year has exposed CBA to the possibility of multi-million dollar fines, more than 100 of which it is set to defend itself from in March next year. But it has denied a string of allegations relating to suspicious matter reports and claims it failed to carry out customer due diligence requirements.

Business

FY2018 Earnings Estimate for Oasis Petroleum Inc. (OAS) Issued By KeyCorp

It has outperformed by 9.83% the S&P500. The Company's Piping Systems segment makes copper tubes and fittings, plastic fittings, line sets, and components for use in water distribution system, heating system, air-conditioning, and refrigeration applications, as well as for drainage, waste, and vent systems.

Business

Malaysia growth forecast for 2017 revised up - ADB

Headline inflation climbed to 4.0 per cent in the first 10 months of 2017 from 2.2 per cent in the same period past year, largely because of a one-off adjustment to fuel prices affecting transport in the first half of 2017 and, in the second half, the pass-through of rising global fuel prices.

Business

NY attorney general: Millions of fake comments taint net neutrality vote

Protesters including some members of Congress are expected to rally outside the FCC before the vote. The rules allowed service providers to be regulated, preventing those companies from blocking or throttling access based on the site a paying subscriber visits and furthermore preventing providers from charging more for access to any given site.

Business

'Coin Crusader' Donates To Red Kettle Campaign Again

Almost 30 per cent of kettle volunteer shifts for the next two weeks still need volunteers. It's all apart of the Salvation Army's Tree of Lights program.

Business

IShares Short-Term National Muni Bond (SUB) Rises 0.114% for Dec 13

The RSI can help display whether the bulls or the bears are now strongest in the market. The RSI may be useful for spotting abnormal price activity and volatility. Ishares Trust Ishares ESG 1-5 Year USD Corporate (SUSB) now has a 14 day Williams %R of -71.43. The CCI was developed by Donald Lambert. Typically, the CCI oscillates above and below a zero line.

Business

Range Resources Corporation (NYSE:RRC) Ducks Under The Trend Line

Shares of Range Resources ( NYSE:RRC ) traded down $0.11 during mid-day trading on Friday, reaching $16.24. The shares were sold at an average price of $19.99, for a total value of $1,654,372.40. The company was maintained on Friday, September 1 by KeyBanc Capital Markets. The stock has "Buy" rating by BMO Capital Markets on Tuesday, July 11. Finally, Stifel Nicolaus reiterated a "buy" rating and issued a $20.00 price objective on shares of Range Resources in a report on Thursday, September ...

Business

Real Madrid reach World Club Cup final

Al Jazira attacks were rare, but Romarinho fired the Emirati outfit in front with a composed finish four minutes from half-time to leave Madrid facing the prospect of a humiliating defeat. "I don't like VAR to be honest", said Bale. The hosts took advantage of Madrid's early struggles and opened the scoring in a counterattack just before halftime.

Business

Apple orchestrates deal for song-recognition app Shazam

For Apple, the owner of iTunes, this insight into user browsing, purchasing and historic preferences in regards to music is well worth the cost of acquiring Shazam. Some of Shazam's features conceivably could be blended into Apple's music streaming services, which has accumulated more than 27 million subscribers since the company created it in 2015.

Business

PepsiCo orders 100 Tesla Semi trucks in largest preorder to date

PepsiCo announced Tuesday that it has preordered 100 Tesla Semi trucks , bringing the automaker's total number of reservations to 267 units, according to Reuters . The Tesla Semi requires no shifting or clutching and its regenerative braking recovers 98 percent of kinetic energy from the battery. About 260,000 heavy-duty trucks are produced in North America every year, according to research firm FTR.


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