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Ex-Volkswagen CEO Martin Winterkorn charged in USA over diesel scandal

VW executives also approved a script, "consistent with Winterkorn's alleged directive", for a meeting with CARB to hide their emissions cheating. The carmaker didn't immediately respond to requests for comment. "The indictment unsealed today alleges that Volkswagen's scheme to cheat its legal requirements went all the way to the top of the company ". The indictment describes a July 27, 2015 meeting at which Volkswagen employees presented PowerPoint slides to Winterkorn and "other senior ...

Business

Frontier Airlines employee stabbed inside Philadelphia airport terminal

Police confirm the two Frontier employees were involved in the altercation around Gate E6 near the ticket counter. The victim was transported to Presbyterian Hospital in critical condition. "We have reached out to WFS to assist them in any way possible as they deal with this incident". NBCPhiladelphia.com reported the argument broke out in a break room for Worldwide Flight Services , an airplane cleaning contractor.

Business

After Technical Assessment Stock Riding Bulls: JPMorgan Chase & Co. (NYSE:JPM)

In 2018Q1, the 2.99 million shares in Ford Mtr Co Del (NYSE:F) held by Commerzbank Aktiengesellschaft were priced $33.08M, up from 1.45 million last quarter. Gargoyle Inv Advisor Limited Com reported 155,348 shares stake. Several equities research analysts have recently issued reports on F shares. Peoples Svcs Corporation owns 0% invested in General Motors Company (NYSE:GM) for 100 shares.

Business

Were Analysts Bullish Valero Energy Corporation (NYSE:VLO) This Week?

Mengis Capital Management Inc, which manages about $163.94M and $165.12 million US Long portfolio, upped its stake in Merck And Co Inc Com by 6,608 shares to 55,774 shares, valued at $3.14M in 2017Q4, according to the filing. Ativo Mngmt Lc invested in 12,457 shares. Oppenheimer And Inc holds 0.15% or 61,444 shares. With an institutional ownership near 30.8%, it carries an earnings per share ratio of 2.77.

Business

Weekly Victrex plc (LON:VCT) Ratings on May 3, 2018

The firm has "Neutral" rating by UBS given on Friday, April 6. Barclays Capital maintained Unilever PLC (LON:ULVR) rating on Thursday, January 26. The company was maintained on Wednesday, October 21 by Barclays Capital. Investors sentiment decreased to 1.04 in 2017 Q4. Since February 1, 2018, it had 1 buying transaction, and 0 sales for $386,000 activity. 20 funds opened positions while 30 raised stakes.

Business

Champions League: Real Madrid reportedly 'losing sleep' over two Liverpool players

Midfielder Georginio Wijnaldum admits they face their most significant challenge tackling the defending champions and 12-time winners who have lifted the trophy in three of the last four seasons. Liverpool's task was seemingly straightforward - avoid suffering a three-goal defeat and a place in the final in Kiev was theirs. But their patience was rewarded somewhat when talisman Mo Salah came back out to applaud their now famous chant for the player of "Mo Salah, running down the wing, ...

Business

Activision Blizzard INC (ATVI) Holder Egerton Capital Uk Llp Boosted Its Holding

About 4.12M shares traded. Activision Blizzard, Inc . ( ATVI ) stock price rose 28.65 percent over the past one year, while increased 5.71 percent during the past 6 months. Macquarie Research maintained it with "Outperform" rating and $33 target in Friday, February 12 report. The firm has "Buy" rating given on Friday, February 12 by Benchmark.

Business

Global gold demand falls in worst Q1 show since 2008

Mumbai: Indians consumed lesser quantity of gold during the quarter ended March 2018 as higher prices led to a steep drop in demand for gold jewellery as well as investment in gold. While all major markets like India, China, Germany and the US saw a dip in the demand for gold bars and coins in the first quarter, ETFs registered inflows for the fifth straight quarter but exclusively due to a growth in North America region.

Business

Is Enable Midstream Partners, LP (NYSE:ENBL)'s Book to Market Fairly Valued?

About 6.97 million shares traded. Based on EQT Midstream Partners LP's price of $56.23, the dividend is 1.89 %. Bush Odonnell Investment Advisors Inc sold 1,610 shares as the company's stock rose 3.90% while stock markets declined. (NYSE:MMP). The firm's quarterly revenue was up 9.5% on a year-over-year basis. equities research analysts forecast that Magellan Midstream Partners will post 4.05 EPS for the current fiscal year.

Business

International Business Machs (Call) (IBM) Position Has Upped by Artal Group Sa

The stock decreased 1.92% or $1.9 during the last trading session, reaching $97.23. At a certain point in the past four quarters, the shares traded as low as $2.00 but made a 42% recovery since then. Wagner Bowman Mgmt Corp holds 0.27% of its portfolio in Amazon.com, Inc. The insider Jassy Andrew R sold 1,985 shares worth $2.90M. 136,486 were reported by Sei.

Business

Goldman set to launch Bitcoin trading operation

Recently, the bank hired renowned cryptocurrency trader Justin Schmidt , which further hinted it was venturing into trading Bitcoin and other cryptocurrencies . Yared also indicated that the decision was not taken lightly: "For nearly every person involved, there has been personal scepticism brought to the table".

Business

Jay-Z ordered to appear in court next week over Rocawear probe

Rocawear was founded in 1999 by Roc-A-Fella Records co-founders Damon "Dame" Dash and Jay-Z. Iconix in March 2016 said it would write down $169 million in connection with Rocawear . Hip-hop megastar Jay-Z should be compelled to testify in an investigation into the sale of his Rocawear apparel brand, after he ignored an order to show up for questioning, U.S.

Business

US Trade Deficit Narrows Sharply; Labor Market Tightening

Goods imports also fell sharply versus February, retreating by 1.6% month-on-month in real terms, whereas exports rose by 2.9%. USA exports of goods and services hit US$208.5 billion, a new record, driven upwards by mounting exports of crude oil and other fuels as well as civilian aircraft and crops like soybeans, on which China has threatened to impose tariffs in response to punitive U.S.

Business

WealthPLAN Partners LLC Has $2.11 Million Position in Walmart (WMT)

Sold All: 39 Reduced: 237 Increased: 166 New Position: 106. (INTC) by 8.03% based on its latest 2017Q4 regulatory filing with the SEC. Lincoln National Corp now owns 12,548 shares of the retailer's stock worth $981,000 after acquiring an additional 1,130 shares during the period.

Business

EPS for Marathon Oil Corporation (MRO) forecasted at $0.13

National Pension Service now owns 998,199 shares of the oil and gas producer's stock valued at $16,900,000 after acquiring an additional 89,280 shares during the period. Grubhub Inc had 129 analyst reports since July 27, 2015 according to SRatingsIntel. 58,650 shares were sold by Loews Corp as the company's stock rose 9.83% while stock markets declined.

Business

Grand Rapids Letter Carriers Stamp Out Hunger Saturday, May 12

The National Association of Letter Carriers is here to help out with this need. By leaving non-perishable food by your mailbox or on your porch, to be picked up by you local letter carriers or their helpers, on Saturday, May 12. Families already struggling, find it even more hard to meet the extra need for food. Some of the items most needed are canned soup, canned fruit, canned tuna, evaporated, dry or shelf stable milk, pasta sauce in cans or plastic jars, canned beans (such as kidney and ...

Business

TalkTalk and Vodafone dishing up 'worst United Kingdom customer service'

Researchers found households with TalkTalk were the least likely to recommend their internet provider to friends. Ofcom also cast its eye over the mobile market, where Vodafone and Virgin Mobile fared the worst with both scoring below average in a number of satisfaction rankings, particularly when it comes to handling complaints.

Business

Fed Holds Rates Steady and Sees Strong Growth in Hiring, Investment

Rate hikes are expected to occur in June and September, while the market is split on whether the Fed will lift its benchmark rate for a fourth time in 2018 before the end of the year. The Fed's latest "dot plot" now forecasts another two rate rises this year, although some analysts see three increases as possible. Higher interest rates, inflation and the dollar won't let the Dow Jones and the broader stock market snap out of their recent funk.

Business

National Film Awards 2018: Boney Kapoor, Janhvi accept Sridevi's Best Actress award

Jahnvi wore her mother's sari for the occasion, revealed designer and close family friend Manish Malhotra. When a Doordarshan anchor asked Mr Kapoor to share his sentiments on Sridevi's "second" National Film Award , he corrected her and said: "First, let me correct you".

Business

Google Is Secretly Building A Social Mobile Gaming Start-Up Called Arcade

The startup's founder and co-owner, Michael Sayman, is now 21 years old. A Google spokesperson confirmed Arcade's existence to Bloomberg but didn't provide specifics. That said there is no telling what games coming from Google's Arcade outfit will deliver, so there could be plenty of social tie-ins that you wouldn't normally think to find in games which let you play with others.

Business

Stock Buzz: Cooper Tire & Rubber Company (CTB)

The stock decreased 0.99% or $0.25 during the last trading session, reaching $25.11. Goodyear Tire and Rubber (NASDAQ:GT)'s share price hit a new 52-week high and low during trading on Monday . equities research analysts anticipate that Goodyear Tire and Rubber will post 3.67 EPS for the current year. Sg Americas Ltd Liability has invested 0.02% of its portfolio in The Goodyear Tire & Rubber Company (NASDAQ:GT).

Business

Are You Looking For Sell? Physicians Realty Trust (DOC)

About 359,069 shares traded. DLH Holdings Corp. (NASDAQ:DLHC) has risen 5.74% since May 2, 2017 and is uptrending. It has underperformed by 9.53% the S&P500. Arbor Realty Trust had 3 analyst reports since December 21, 2017 according to SRatingsIntel. (NYSE:WSO). Washington Trust Bancorporation holds 0.02% of its portfolio in Watsco, Inc.

Business

Last Week RELX PLC (LON:REL) Ratings

In a research note sent to clients and investors on 1 May, Ocado Group (LON:OCDO) stock had its "Buy" Rating kept by expert analysts at Peel Hunt Limited. In Tuesday, November 21 report Liberum Capital maintained the stock with "Hold" rating. On Thursday, November 9 the stock of Glencore Plc (LON:GLEN) has "Buy" rating given by Societe Generale.

Business

Alibaba Group (NYSE:BABA) Upgraded to "Buy" by Zacks Investment Research

Blackrock Inc. owns $10 billion in Alibaba Group Holding Limited , which represents roughly 2.29% of the company's market cap and approximately 5.8% of the institutional ownership. After $1.34 EPS was revealed last quarter, analysts now see negative EPS growth of -47.01 % for Alibaba Group Holding Limited . Alibaba Group has a twelve month low of $114.00 and a twelve month high of $206.20.

Business

Cabot Oil & Gas Corporation (COG)- Stocks worth Investment with Performance Assessment

The stock decreased 0.26% or $0.14 during the last trading session, reaching $54.36. About 388,424 shares traded. The stock of Cabot Oil & Gas Corporation (NYSE:COG) earned "Hold" rating by Susquehanna on Monday, March 5. Northwestern Mutual Wealth Management Com holds 0% or 3,883 shares in its portfolio. Analysts await Sanchez Energy Corporation (NYSE:SN) to report earnings on May, 8.

Business

It's McHappy Day! Valley McDonald's raising money for Phoenix Centre

Even the Global Saskatoon crew got in the spirit of things, helping with the drive-thru, taking orders and pouring coffee for customers at a local McDonald's. "That place did so much good stuff for us". The plan is to expand the building to make room for more families. Staff from Ronald McDonald House were spread across the province on Wednesday, including Lloydminster, Meadow Lake, the Battlefords, Prince Albert and within Saskatoon.

Business

Sacramento coroner refutes private autopsy conducted on Stephon Clark

Bennet Omalu, who performed the independent autopsy, mistook one exit wound for an entrance wound. Reiber, who works for the California's Placer County Sheriff as coroner's officer, did not examine Clark's body for his review. toward the officers' position". Sac State alum Oscar Martinez called for Sac State to not honor Hahn until the officers responsible were terminated and he asked for the Sacramento Police Department to implement mandatory race training courses for all of its officers.

Business

Apple: $110 Billion In Buybacks For A 13.98% Total Shareholder Return

That included iPhone sales growing 14% to $52.2 billion and met the average analyst estimate. CEO Tim Cook said that the consumer electronics giant has set a new sales record in the first half, despite an overall slowdown in sales growth in India.

Business

Wednesday forecast: Another round of severe weather this afternoon

KNIA/KRLS will go into live Severe Weather Action Team coverage in the event of any tornado or severe thunderstorm warning in any portion of Marion County. Everyone is a little "rusty" since colder air has kept a lid on severe weather, leading to the slow start to the spring storm season. Tonight the severe risk continues through at least midnight however storms may continue after midnight and will have to be monitored for any severe weather risk.

Business

The Biggest 3 Holders Of Delta Air Lines, Inc. (DAL)

It dropped, as 54 investors sold Delta Air Lines , Inc. shares while 267 reduced holdings. Aegis Financial Corp who had been investing in Resolute Forest Products Inc. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 203,107 shares of the transportation company's stock worth $11,374,000 after acquiring an additional 78,898 shares in the last quarter.

Business

Match Group (MTCH) Has Been Downgraded Today by Jefferies to a "Hold"

Moreover, Thomas J. Herzfeld Advisors Inc. has 0.31% invested in the company for 55,768 shares. Blue Bell Private Wealth Management Llc owns 269,508 shares or 1.8% of their USA portfolio. (NASDAQ:MTCH)'s earnings report, RTT reports. Match Group had a net margin of 26.31% and a return on equity of 31.33%. The firm had revenue of $379.00 million during the quarter, compared to analysts' expectations of $362.86 million.

Business

Rusal shareholder calls for new strategy in response to U.S. sanctions

Rusal is controlled by Mr Deripaska. Head of the US Treasury Stephen Mnuchin has once again stressed that the financial department did not aim to ruin the Russian aluminum company by imposing sanctions. investors should get rid of securities of three of 12 Russian companies from the list, and cancel contracts with all enterprises subject to restrictions and their subsidiaries before June 5.

Business

Facebook accidentally launches "hate speech" button

In its online Community Standards guide , Facebook defines hate speech as "a direct attack on people based on what we call protected characteristics - race, ethnicity, national origin, religious affiliation, sexual orientation, sex, gender, gender identity, and serious disability or disease".

Business

Commonwealth Bank admits losing 20M customer financial statements

That's a big problem, because while the Commonwealth Bank says there were no pins or passwords on the tapes, they still contained a lot of data that could be potentially misused if it falls into the wrong hands. Commonwealth Bank has released its own statement responding to "recent media reports", stating, "There is no evidence that any customer information was compromised".

Business

Spotify is climbing ahead of earnings

The stock was trading at $156.41, down 8 percent at 2200 GMT/1800 ET on Wednesday. The music streaming service provider posted revenue of 1.14 billion euros ($1.37 billion) for its first quarter of fiscal 2018, better than its year-ago revenue of 902 million euros ($1.09 billion).


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