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Business

Atlanta airport power outage delays flights

Staff at the airport are said to be working to restore power after the outage struck at around 1:15pm local time. Officials said only that a large portion of the airport had been impacted. Power was lost in at least two terminals and the airport public address system reported an emergency. The Federal Aviation Administration has put in a ground stop for flights headed to Hartsfield-Jackson Atlanta International Airport due to a power outage affecting the airport terminals.

Business

Strike over Teva layoffs briefly halts flights at Israel's main airport

The work stoppage crippled the country's main worldwide airport and seaports, closed banks and government offices and forced hospitals to scale back services to reduced-staff weekend levels. While those grants did not come with a quid pro quo requiring Teva to make a specific commitment to employing people or keeping the facilities open, Netanyahu and Kahlon will tell Schultz that Teva has a "moral obligation" to keep operations open in Israel.

Business

Two rare sea lion attacks shut down popular swimming cove

Officials have shut a popular swimming area in San Francisco Bay after a third swimmer was attacked in a week by what's believed to be a sea lion. And they recommend that people keep a safe distance from the sea lions. Such attacks happen so infrequently, however, that the South End Rowing Club characterizes them as "rare" on its website in response to questions about the dangers of swimming in the bay.

Business

Ares Cap Corp (ARCC) Stake Held by Rivernorth Capital Management Llc

The lowest price the stock reached in the last trading day was $5.24 and compares with the $4.90 52-week low. About 4.13M shares traded or 143.76% up from the average. Keefe Bruyette & Woods has "Buy" rating and $18.5 target. The brokerage issued an outperform rating and a $18.00 price target on the investment management company's stock.

Business

Nicholas Company Inc. Has $54.55 Million Position in Amazon.com, Inc

Shares of Amazon.com ( AMZN ) traded up $4.88 during trading hours on Monday, reaching $1,179.14. About 18.35M shares traded or 71.88% up from the average. Finally, MKM Partners lifted their price target on shares of Amazon.com from $1,275.00 to $1,350.00 and gave the stock a "buy" rating in a research note on Friday, December 1st.

Business

Duke Realty Corp (DRE) Position Boosted by Schwab Charles Investment Management Inc

It has underperformed by 25.94% the S&P500. (NYSE:NKE). Walleye Trading Limited Liability Corporation holds 105,532 shares. Kimco Realty Corporation is a self-administered real estate investment trust. The firm has "Sell" rating given on Monday, November 9 by Miller Tabak. The company was downgraded on Friday, December 15 by JP Morgan. The firm's stock has a market capitalization of $7.76 bln.

Business

Govt to bear digital transaction for MDR charges upto Rs 2000

Since such transactions account for sizeable percentage of transaction volume, it will help to move towards a less cash economy", said IT minister Ravi Shankar Prasad . Deepak Chandnani, managing director of Worldline, South Asia, and West Asia, said, "Benefits to merchants will be two-pronged - one, they will bear zero cost for electronic debit card transactions and two, it will reduce the need and cost of handling cash at the outlet".

Business

Whiting Petroleum Corp (WLL) Shares Sold by Castleton Investment Management LLC

ALK's profit will be $123.04M for 17.29 P/E if the $1.00 EPS becomes a reality. Legal & General Group Plc now owns 567,017 shares of the oil and gas exploration company's stock worth $3,097,000 after purchasing an additional 15,264 shares during the period.

Business

Advanced Micro Devices, Inc. (AMD), Zions Bancorporation (ZION)

Susquehanna Bancshares reaffirmed a "neutral" rating and issued a $15.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, September 20th. (NYSE:ETE). Cornerstone Limited Liability owns 133,003 shares. Da Davidson And Company has invested 0.1% in American States Water Company (NYSE:AWR).

Business

Froome admits adverse test result 'damaging'

However, the four-time Tour de France victor denied doping , saying it was down to experiencing acute asthma symptoms during the final week of Vuelta, adding that he has nothing " to be ashamed of ". Speaking to Sky Sports News HQ from a training camp in Majorca, the four-time Tour victor said: "This is damaging". However, the German has changed his view on the matter, saying: " I now understand that the UCI is managing this case in accordance with the rules and that Chris Froome did not ...

Business

The battle over Net neutrality is far from over

Baauer has announced he's taking legal action against the video. The conservative news outlet The Daily Caller produced the video and it shows FCC Chairman Ajit Pai telling viewers all the things you'll still be able to do on the internet after the FCC repeals net neutrality regulations.

Business

Amazon agrees to start selling (some) Apple and Google products again

Amazon has started selling Google's Chromecast devices two years after it originally removed them from its store. Five Chromecast and Apple TV devices are listed right now on Amazon's website, marking the end of a years-long embargo by Amazon on its rivals' products.

Business

Investors Still Pinning Hopes On Applied Materials, Inc. (AMAT), Aquantia Corp. (AQ)

The company has market cap of $1.05 billion. The stock increased 0.87% or $1.5222 during the last trading session, reaching $176.5222. About 5.18M shares traded. (NASDAQ:AMAT) rating on Thursday, October 8. 92,030 were reported by Maverick Limited. First Trust Advsrs Lp holds 0.33% or 871,909 shares. Koch Industries reported 688,595 shares.

Business

Sen. Bob Corker To Vote 'Yes' On Tax Bill

Considering its massive tax cuts for corporations and the wealthiest Americans, critics charge "this tax bill was written for Republicans' wealthy campaign contributors", and worldwide economists warn it will " turbocharge inequality in America ".

Business

Uber v. Waymo: Letter exposes depths of alleged espionage

The 37-page letter, unsealed late on Friday, also alleges that Uber's security team told staffers to use ephemeral messaging systems like Wickr and non-attributable devices to hide their actions to protect the company from potential litigation.

Business

Time Warner Inc (TWX) Holdings Increased by AMP Capital Investors Ltd

Taurus Asset Management Llc who had been investing in Time Warner Inc for a number of months, seems to be less bullish one the $70.27B market cap company. Time Warner Inc has a 52-week low of $85.88 and a 52-week high of $103.90. Twenty-three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock.

Business

Express Scripts (ESRX) PT Set at $80.00 by Jefferies Group

The stock increased 4.17% or $1.25 during the last trading session, reaching $31.25. About 4.13M shares traded or 143.76% up from the average. Newpark Resources, Inc. Entegris had 20 analyst reports since August 3, 2015 according to SRatingsIntel. Morgan Stanley has "Underweight" rating and $70 target. The firm earned "Outperform" rating on Wednesday, June 1 by Credit Suisse.

Business

(CELG) is Ardsley Advisory Partners' 9th Largest Position

Dubuque Bank & Trust Company who had been investing in Celgene Corp for a number of months, seems to be bullish on the $86.14 billion market cap company. Leisure Cap Mngmt accumulated 8,332 shares. Tiaa Cref Ltd Liability Company stated it has 71,780 shares or 0.12% of all its holdings. Legal And General Group Incorporated Public Limited Com owns 161,447 shares or 0% of their U.S.

Business

Ryanair pilots suspend strike as airline offers union recognition

Up to 117 members of the Irish Airline Pilots' Association still plan to strike on Wednesday. Mr Harbor said IMPACT had spoken to senior Ryanair management, telling them they were ready to meet them at any time. He also told pilots that the move will have a longer-term positive impact on the carrier. A spokesman said it had not yet received any correspondence from Ryanair with the offer.

Business

Russell Investments Group Ltd. Grows Holdings in Cedar Realty Trust, Inc. (CDR)

About 7.16 million shares traded or 77.22% up from the average. (IRT) has risen 20.69% since December 16, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Nippon Life Insur owns 67,822 shares or 0.12% of their U.S. portfolio. Therefore 71% are positive. Lexington Realty had 23 analyst reports since September 8, 2015 according to SRatingsIntel.

Business

Way bill on agenda for GST Council meeting tomorrow

The GST Council also reviewed the progress of readiness of hardware and software required for the introduction of nationwide e-way bill system. "The limit of Rs 50, 000 is also very low and would lead to a large requirement for e-way bill generation adding to pressures on the IT backbone", M S Mani, Partner, Deloitte said.

Business

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Buys 24348 Shares of Adobe Systems Incorporated

Adobe Systems ( ADBE ) stock received at least six price-target hikes on Friday after the digital media and marketing software firm posted better-than-expected fourth-quarter results and gave an upbeat outlook for its fiscal 2018. It also reduced its holding in Class A by 15,551 shares in the quarter, leaving it with 24,566 shares, and cut its stake in Lendingtree (NASDAQ:TREE).

Business

Income inequality in India widens; top 10% earns 55% of country's income

Since 1980, in other words, the USA economy has transferred eight points of national income from the bottom 50 percent to the top 1 percent. Global wealth inequality looks set to continue its current trajectory if global economic policies remain in place, said the organisation.

Business

United States rate hike to have little impact on S. Korean market

At present, the Fed expects inflation to hover around 1.7 percent by year's end. The Fed now sees gross domestic product growing 2.5 per cent in 2018, up from the 2.1 per cent forecast in September. economy a decade after the onset of the 2007-2009 recession. But growth would then slip back closer to its recent 2 per cent average. What Ashworth called a "badly timed" tax cut "would be expected to raise inflation as much as it boosted real GDP growth", he said.

Business

OPEC wakes up to the threat of US Shale 2.0

The IEA pointed out that inventories in developed nations have fallen to their lowest level since July 2015; but in noting that USA crude output next year would climb by 870,000 barrels per day (bpd), up from its November forecast of 790,000 bpd, the agency stated, "On our current outlook , 2018 may not necessarily be a happy New Year for those who would like to see a tighter market; total supply growth could exceed demand growth".

Business

Texas Instruments Incorporated (TXN) Stake Lessened by Barrow Hanley Mewhinney & Strauss LLC

Tradition Cap Mngmt Ltd Co owns 0.98% invested in Texas Instruments Incorporated (NASDAQ: TXN ) for 38,629 shares. The stock increased 0.93% or $0.93 during the last trading session, reaching $101.18. As per Wednesday, July 26, the company rating was maintained by Morgan Stanley. The stock presently has an average rating of "Buy" and an average target price of $94.16.

Business

Sioux Falls' USPS processing center is In a holiday rush

With Christmas and Hanukkah, mail carriers are bracing themselves for the busiest mailing time of the year. When's the Last Day to Send Christmas Cards? "We just want to make sure that all of our customers receive all of their mail, every day, timely, accurately, and safety is our priority".

Business

Flights between Russian Federation and Egypt to resume in February: Moscow

Russia's oldest and most renown airliner, "Aeroflot", will be the first commercial Russian flight to land in Egypt since 2015, with a flight scheduled at the beginning of February 2018, after the two countries worked to resume direct flights.

Business

Republicans rush to finalize tax overhaul as roadblocks loom

House Republicans have been told that the Senate will vote first on the legislation - perhaps on Monday or Tuesday, said GOP Representative Tom Cole of Oklahoma. One sticking point that remained Wednesday was whether to permanently double the threshold at which the estate tax applies - meaning that the levy would apply to fewer multimillion-dollar estates from now on.

Business

Trump's Judicial Nominee Shows No Knowledge of Basic Legal Terms in Hearing

One point in Petersen's favor is that he shook his head "no" when Sen. Kennedy then moves on to Petersen's knowledge of the law, which turns out to be similarly lacking. Since 1989, only two other judicial nominees have been unanimously deemed "not qualified" by the group. He fumbled through Kennedy's questions about terms such as the Daubert standard , the Younger abstention doctrine and the Pullman abstention doctrine.

Business

What Is Insider Trading Activity Like At Marathon Petroleum Corporation (MPC)?

The industry-wide Asset Turnover is 0.66, while that of Marathon Petroleum Corporation (NYSE: MPC ) is now 1.58. Shifting gears, we can see that Marathon Oil Corporation (NYSE: MRO ) has a Q.i. Investors of record on Wednesday, November 15th were given a dividend of $0.05 per share. It dived, as 53 investors sold MPC shares while 274 reduced holdings.

Business

Goat helps ring bell for Salvation Army donations

At the Salvation Army , 82 cents of every dollar that is donated goes back to programs that serve the hungry, homeless, frail and lonely, according to the agency. "It's like a family", said Kathy Dillon. The Salvation Army says it's all due to their donors and volunteers. A weight is being lifted off the shoulders of hundreds of East Tennessee families who may be worrying about affording Christmas gifts.

Business

Labor Board Limits Workers' Ability to Fight Service-Industry Employers

Accordingly, under the pre-Browning Ferris standard restored today, proof of indirect control, contractually-reserved control that has never been exercised , or control that is limited and routine will not be sufficient to establish a joint-employer relationship.

Business

Good stocks to great stocks: Coca-Cola European Partners plc (CCE)

Canaccord Genuity maintained MasTec, Inc . (NYSE:T) rating on Wednesday, September 20. Telsey Advisory Group has "Outperform" rating and $180 target. Since August 7, 2017, it had 0 insider purchases, and 5 sales for $7.94 million activity. Another trade for 8,952 shares valued at $409,733 was made by Waller Kathy N on Thursday, August 10.

Business

Logan Capital Management Inc. Sells 2131 Shares of Starbucks Corporation (SBUX)

The company had Year Ago Sales of 5.73 Billion. Given that its average daily volume over the 30 days has been 9.11 million shares a day, this signifies a pretty significant change over the norm. Guardian Life Ins Comm Of America has 0% invested in PerkinElmer, Inc. (NYSE:TOWR) for 521,942 shares. In other news, insider Howard D. Schultz sold 290,176 shares of the company's stock in a transaction that occurred on Wednesday, November 15th.


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