Business
United Kingdom sports retailer snaps up Finish Line for $558M
The news has FINL stock on track for its best day since at least 2008. Finish Line headquarters in Indianapolis. This downbeat outlook was shared by short sellers. It is also the exclusive retailer of athletic shoes, both in-store and online for Macy's , operating 375 branded and 188 unbranded concessions within Macy's stores.
Business
Police notes: Fight at a Frederick saloon leads to arrest
The suspect was reportedly arrested by Maryland-National Capital Park police a short distance from the Wheaton area home. As the officer approached, the driver, Duane Brown, 29, of Rockford, jumped out of the vehicle and ran to a nearby house.
Business
The Buckley Wealth Management LLC Invests $558000 in Starbucks Co. (SBUX)
It has underperformed by 4.16% the S&P500. Investors sentiment increased to 1.05 in Q3 2017. Its down 0.24, from 1.21 in 2017Q2. Several other hedge funds have also added to or reduced their stakes in SBUX . The rating was maintained by UBS on Friday, November 3 with "Buy". The firm earned "Neutral" rating on Wednesday, September 28 by Citigroup. Analysts await Amgen Inc.
Business
Spotify forecasts up to 96 million subscribers in fiscal 2018
Essentially, it will just let anyone who holds its stock to start trading shares publicly on the New York Stock Exchange next week, without offering any new stock that would raise the company a bunch of fresh money. In a shorter time frame, Spotify expects to hit between 73 million and 76 million paid subscribers by the end of March, the company said Monday. In an era in which streaming platforms like Spotify are one of the most popular methods of listening to music, and services are ...
Business
China launches yuan-denominated crude oil futures
U.S. West Texas Intermediate (WTI) crude futures fell 26 cents to $65.62. But analysts said the long-delayed Shanghai-traded futures are unlikely to challenge the primacy of NY and London-based futures any time soon due to Chinese capital controls and the entrenched position of the dollar-denominated contracts.
Business
Samsung Galaxy J7 Prime 2 launched
But new reports are not supporting the in display fingerprint sensor news for the Note 9 . The price can be little up or down as the phone is yet to launch in Pakistan but it will be affordable, that is for sure. "Considering technological complexity, the in-display scanning technology will cost more than the Face ID technology that is estimated to be $15.2 per unit".
Business
Jets 'rescinded' offer to free-agent Ndamukong Suh
But since there are other teams like the New Orleans Saints and Tennessee Titans with a legitimate chance to sign Suh as well, all Los Angeles can do at the moment is continue to play the waiting game. But whatever the reasons, it now appears that Suh will have to go someplace else. Suh remains unsigned despite what was a solid 2017 season. Johnson said he was not involved when the offer was made and they chose to go a different direction after he spoke with GM Mike Maccagnan .
Business
Giants Not Ruling Out Possibility Of Odell Beckham Jr
The Giants just traded defensive end Jason Pierre-Paul to the Tampa Bay Buccaneers . "We're certainly not shopping him, if that's what you're asking", he said. Mara said he didn't know "what was in the video exactly" but once again made his disappointment clear. I still believe that he'll be able to show us what we expect of him.
Business
Mark Zuckerberg says sorry to Britons with newspaper apology ads
All the negative headlines led to some advertisers saying "enough is enough". "This is the Facebook business model". After all, Facebook users have suddenly become alarmed that their personal information is being picked through and exploited without their consent.
Business
Uber to sell Southeast operations to Grab, get stake in combined business
He did not want to be identified as the deal is not public yet. Representatives for Grab and Uber declined to comment. Within Southeast Asia, Indonesia is the biggest market. Uber has been battling challenges, with its full-year net loss widening to $4.5 billion in 2017 as it endured multiple scandals and the replacement of its CEO.
Business
Facebook shareholder sues Facebook after Cambridge Analytica scandal
United States lawmakers on Friday asked Facebook chief executive Mark Zuckerberg to come to Congress to explain to explain how the data got into Cambridge Analytica's hands, adding to pressure on the firm, which is under fire from investors and advertisers.
Business
Asian shares slump on fears of trade war between US, China
The Dow Jones industrial average fell 1.8 percent Friday , a 425-point drop, to close at its lowest level since November. The tech-packed Nasdaq slid 2.4% and the broad Standard & Poor's 500 stock index dropped 2.5%. As the Federal Reserve continued on its course of monetary policy normalisation last week, reflecting the current strength of the USA economy, other forces were building that might eventually threaten it.
Business
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Police release videos of fatal shooting of unarmed black man
Most ticketholders weren't able to get inside, and the Sacramento Police said via Twitter that "no one else will be admitted to the #SacKings game". "The only thing that I heard was pow, pow, pow, pow, and I got to the ground", Sequita Thompson, Clark's grandmother, told The Sacramento Bee . "We are at a place of deep pain" because of recent violence directed at black people in Sacramento and elsewhere, said the Reverend Les Simmons, a community leader who joined the protest.
Business
Louis Trust Co Invests $216000 in Starbucks Co. (NASDAQ:SBUX)
Following the completion of the sale, the director now directly owns 26,500 shares of the company's stock, valued at $1,592,650. At the moment, the stock is trading for about -10.16% less than its 52-week high. (NASDAQ:AMZN) for 24,847 shares. Moors & Cabot owns 43,458 shares. Newman Dignan And Sheerar owns 258 shares or 0.03% of their United States portfolio.
Business
Qantas' new globe-spanning flight squeezes 12 days Into 17 hours
Captained by Lisa Norman, was the longest Boeing Dreamliner flight in the world. The opening of the new airline is part of ambitious plans unveiled by Quantas over the past two years and aims to add long flights to its flight schedules around the world.
Business
Micron Earnings Are Next Potential Catalyst For Its Stock
By far the top-performing sector over that period has been technology , which has gained 7.52% as one of only five industry groups in positive territory thus far this year. Moving averages can also identify a level of support or resistance for the security, or act as a simple entry or exit signal. If a security's beta is equal to 1, the security's price moves in time step with the market.
Business
Female suspect arrested after bank robbery in eastern Henrico
The robbery was at the Fifth Third Bank on Leestown Road at around 11:30 a.m. Tuesday. Reveras-Morales allegedly passed a note to the teller demanding cash. Police later found the suspect in a vehicle on Nine Mile Road and Dakar Drive. County prosecutors charged Eric Mitchell, 44, of the 4200 block of Ellenwood Avenue in south city, 63116, with one count of first-degree robbery and one count of armed criminal action.
Business
Wynn Resorts Holding On To Significant Gain In Afternoon Trading
Any actions the Reporting Persons might undertake may be made at any time and from time to time without prior notice and will be dependent uponMr. Wynn's review of numerous factors, including, but not limited to: an ongoing evaluation of the Company's business, financial condition, operations and prospects; price levels of the Common Stock; general market, industry andeconomic conditions; regulatory considerations; the relative attractiveness of alternative business and investment ...
Business
Mark Zuckerberg's Mentor: Crisis of Trust Threatens to 'Destroy the Company'
The data was collected by a third-party Facebook app that was capable of scraping information from a user's Facebook friends, allowing it to collect the information of people who did not use the app. By Monday, Zuckerberg had already lost $6.06 billion after the Cambridge Analytica news sparked controversy over the handling of personal data. "Zuckerberg has apologised and said that they are going to make some changes, but frankly I don't think those changes go far enough", he told ...
Business
Study Shows Depressing Scope of Great Pacific Garbage Patch
When these plastics are left to float around in the ocean , decomposition takes upward of 20 years, and leaves behind toxic chemicals like bisphenol A, PCB's, and polystyrene. The three-year mapping effort showed that plastic pollution is "increasing exponentially and at a faster rate than in the surrounding water", said the worldwide team.
Business
Dane County Judge Orders Walker to Schedule Special Elections For Vacant Seats
Democrats sued Walker over his refusal to schedule quick elections and said he wouldn't do so because he was afraid of losing the contests to Democrats. Assistant Attorney General Steve Kilpatrick countered that although some voters may be harmed because of the vacancies, the damage does not rise to a level that would force Walker to call special elections.
Business
Boeing (BA) Given Coverage Optimism Score of
When we compare its current volume with average for the same time of day, a Relative Volume (usually displayed as ratio) of 0.68 is obtained. (NYSE:RPAI) has declined 18.94% since March 24, 2017 and is downtrending. The rating was upgraded by Deutsche Bank on Monday, January 25 to "Buy". Generally, Beta can be used as a dimension of volatility in the capital asset pricing model (CAPM), which weights up the expected return on investment (ROI), depending on its beta and expected returns of the ...
Business
Advertisers Hit Back At Facebook After Cambridge Analytica
You'll have to contact the app individually and ask for your data to be removed. The app was downloaded by 270,000 people, but also scooped up their friends' data without consent - as was possible under Facebook's rules at the time .
Business
Analyst rating score for NIKE, Inc. (NKE) stands at 2.30
Mind you, paying a dividend is not the only way through which Nike Inc returns cash to investors. Glenmede Trust Com Na has 0.09% invested in NIKE , Inc. According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.3 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell.
Business
United States grants Amazon patent for drones that react to human gestures
This action would allow you to shoo a pesky drone away before it moves any closer. The tech giant was just issued a patent this week for a delivery drone that is able to interpret vocal and gestural commands from humans. The patent seems to be a drone-related one, which comes along with design components for any electronics patent such as a processor, operating system, and storage.
Business
New Toyota Corolla hatchback revealed
Following the recent news that one of Uber's self-driving test vehicles in Arizona had fatally struck a pedestrian there , execs at Toyota have chose to temporarily put a pause to their own self-driving vehicle test program. Petrol models in the new Corolla range will be powered by Toyota's new naturally-aspirated M20A-FKS 2.0-litre Dynamic Force engine, revealed in February as a smaller and lighter replacement for the 1.8-litre mill now used.
Business
Japan regulator warns cryptocurrency exchange Binance over unregistered ops
The digital currency fell approximately $200 early Thursday morning around the time Bloomberg News and other publications reported that Japan's Financial Services Agency (FSA) has been preparing to tell Binance, the largest cryptocurrency exchange in the world, to stop operating in the country without the necessary regulatory green light.
Business
New post-Brexit British passport to be made by Franco-Dutch firm
The current burgundy document is made by De La Rue in northern England whose CEO said the firm lost the tender for the new version after being undercut on price. Ahead of the June 2016 referendum on whether to leave the European Union, some Brexit supporters called for a return of the blue and gold British passports, issued from 1920 to 1988.
Business
Bank of England keeps policy rate at 0.5 pct
The decision saw the first split vote on the MPC since rates were raised last November, from 0.25% to 0.5%. The world economy is growing at its fastest since the financial crisis, helping Britain at a time when it is suffering from uncertainty about Brexit.
Business
Saudi Oil Minister Expects Oil Cuts To Extend Into 2019
U.S. West Texas Intermediate crude futures ended Wednesday's session up $1.63, or 2.6%, at $65.17 a barrel, Kallanish Energy reports. Brent for May settlement slid 56 cents to end the session at $68.91 on the London-based ICE Futures Europe exchange, and traded at a $4.61 premium to WTI.
Business
Stocks dive on trade war fears after China sanctions
The S&P 500 , Dow Jones Industrial Average and Nasdaq Composite all closed down more than 2 per cent, the third time this year the trio has done so simultaneously. "Markets are looking immensely fragile today". A trade war could disrupt the back-and-forth flow of parts, forcing factories to slow or halt production.
Business
Scattered thunderstorms expected Thursday afternoon as storm continues
Not one but three Nor'easters have hit the East Coast over the last two weeks and it is so severe that can become one of the most disruptive snowstorms in the season. Approximately 1,600 utility customers were without power around 4 a.m. Thursday, but that number dropped to about 50 by 7 a.m., according to a map from the Massachusetts Emergency Management Agency.
Business
Elon Musk takes down SpaceX and Tesla Facebook pages
The organization recently and quietly approved a 788-page plan by SpaceX to lease an 18-acre site in the Port of Los Angeles, including a 200,000-square-foot facility to "to manufacture large commercial transportation vessels". People's lives literally pass through Facebook - and we know what happens when one social network is in charge of our data . Though Mozilla and Musk have taken decidedly anti-Facebook stands, it does not appear that many companies have deleted their Facebook ...
Business
Stocks Close Lower As Fed's Comments Spark Turbulence
The Federal Open Market Committee , the policy making arm of the U.S. Federal Reserve hiked rates by 0.25% to take the upper range from 1.50% to 1.75%at the conclusion of the two day meet on Wednesday afternoon. "Considering that the Fed just hiked interest rates for thesixth time in this tightening cycle and revised up its rateexpectations for 2019, the price of gold is faring quite well,"she added".
Business
Investigators recreate fatal crash involving self-driving Uber car
Under the governor's new order, companies testing autonomous vehicles in Arizona must now register them with the state and do so within 60 days of their first run. He said he is encouraged by the responses . The videos, accident site, and data taken from the vehicle will be used as evidence. Uber has suspended its self-driving auto tests in Arizona, California, Pittsburgh and Toronto.