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Samsung Killing Off the Note 7 Could Start an Android Turf War

Last week, Samsung issued an earnings guidance suggesting that the Galaxy Note 7 recall wouldn't have a massive impact on its earnings. The company also said it would refund all Galaxy Note7 replacement phones in cash or phones in other Samsung models or entirely different brands including iPhones and also pay in cash voucher for the remaining sum.

Business

Tesco PLC (TSCO) Given Hold Rating at Beaufort Securities

Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The GBX 345.33 average target is 29.58% above today's (GBX 266.5) stock price. Shares of easyJet Plc (ESYJY.PK, EZJ.L) declined around 8 percent in the morning trading in London after the low-cost airline on Thursday warned that fiscal 2016 profit will be lower, and that the weak pound since the European Union referendum ...

Business

Trump Fact Check: Do Soros and Buffett Use "Massive Tax Deductions"?

Meanwhile, Clinton has released her 2015 tax return, showing that she and her husband and former President Bill Clinton paid a 34 per cent rate of federal tax and a 9 per cent rate of state tax on a total income of $10.5 million. "Marginal tax rates would increase for high-income filers, reducing incentives to work, save, and invest, and the tax code would become more complex".

Business

Waiting Game Over? IEA Says OPEC Cuts Will Hasten Rebalancing

They aim to draw up a plan before a meeting November 30 in Vienna . With demand for OPEC crude in 2017 expected to average 32.59 million bpd, the report indicates there will now be an average surplus of 800,000 bpd if OPEC keeps output steady.

Business

Next Weeks Broker Price Targets For Pioneer Natural Resources Company (NYSE:PXD)

TX raised its position in Pioneer Natural Resources by 2.3% in the third quarter. The performance week for Pioneer Natural Resources Co.is at 4.23% and the performance month is at 7.02%. Pioneer Natural Resources had a negative return on equity of 1.79% and a negative net margin of 10.75%. The company's previous year sales total was 593.2 Million.

Business

Broncos' Gary Kubiak to return next week following his hospital stay

Jones didn't have a catch in the first half on Sunday after having one nullified by an offensive pass interference call. Lions cornerback Darius Slay i. Despite being a matchup between a 4-1 team that's coming off a Super Bowl championship last season and a 1-4 team that looks poised to finish last in their division this season, these two AFC West rivals nearly always put on a good show.

Business

Wal-Mart Stores see flat earnings for 18 months

Wal-Mart grew its e-commerce sales just 0.4% in its most recent quarter, with online sales representing just 3.1% of its total revenue, according to eMarketer data supplied to Retail Dive. Wal-Mart Stores is ramping up its investment in e-commerce fulfilment infrastructure in its bid to compete with Amazon. For fiscal year 2018, the company expects GAAP earnings per share to be relatively flat to fiscal year 2017 adjusted earnings per share.

Business

Donald Trump Fires Back at Paul Ryan for 'Disloyalty'

Pence was referring to the Friday afternoon publication by The Washington Post of a story about a 2005 video in which Trump is recorded bragging about groping women without their permission. Indeed, Republican National Committee Chairman Reince Priebus has reiterated his steadfast support for Mr. Trump. Candidates for federal offices representing IN - including Republican Trey Hollingsworth IN the 9th Congressional District and U.S.

Business

Stock's Buzzers: Facebook, Inc. (NASDAQ:FB)

The disclosure for this sale can be found here. The stock recent traded volume was lower as compared with its average volume of 11584500 shares. The Stock Opened its session at $129.69 and closed at 130.24 by showing an increase of 0.97 percent.

Business

The Hot Stock: Mylan's Got That Healthy Glow

Mylan NV (NASDAQ:MYL) received a stock rating upgrade from Raymond James on Oct-10-16. The company recent traded volume was higher than its average volume of 6.26 million shares. Specifically, the investigation concerns a letter issued on October 5, 2016 from the Centers for Medicare and Medicaid Services ("CMS") asserting that Mylan had overcharged the U.S.

Business

Another Suspension for Wells Fargo

But he fears the fraudulent accounts opened at Wells Fargo might have somehow "reset the clock" on otherwise dormant accounts that would have been brought to his attention. "So what I worry about are these small community banks and credit unions that are now going to have to deal with the ramifications of the bad acts of your institution", he said.

Business

US Death Toll From Hurricane Matthew Rises to 19 Across Four States

The National Weather Service said "life-threatening flooding" would continue on Monday over eastern portions of the state. As NPR has reported, more than 1 million utility customers in Florida lost power due to Matthew - and the storm is being associated with four deaths: two women who died in separate accidents, and an elderly couple who died from carbon monoxide poisoning while running a generator.

Business

Valuable Price Trends to Observe: General Motors Company (NYSE:GM)

The business had revenue of $39.50 million for the quarter, compared to the consensus estimate of $36.29 billion. During the same period in the prior year, the business earned $0.47 EPS. The average numbers of shares are traded in a security per day, during the recent 3-month period. The transaction was disclosed in a document filed with the SEC, which is accessible through this link .

Business

Supergirl Brings The CW's Best Monday Ratings In 8 Years

Well, it turns out there's nothing to worry about because the ratings are in for the show's CW debut, and Supergirl is certainly flying high. According to TVLine , the premiere drew in 3 million viewers and a 1.1 18-49 demo rating .

Business

Microsoft announces global expansion for HoloLens

Nasa has also been using the technology in its offices and on board the International Space Station. According to IDC, worldwide revenues for the augmented reality and virtual reality market will grow from $5.2 billion in 2016 to more than $162 billion in 2020.

Business

Amit Shah, Jaitley visit Apollo Hospital

Newsletter has been successfully subscribed. The AIADMK supremo was admitted to the hospital on September 22 after she complained of fever and dehydration. Sekar, as an envoy of Andhra Pradesh Chief Minister Chandrababu Naidu, and Aboobucker, Vice Chairman of Haj Committee of India. The chief minister is being constantly monitored by an expert panel and being given necessary respiratory support along with other treatment, a bulletin regarding the AIADMK chief's health said Monday.

Business

Expert Analysts Perspective for: Synchrony Financial (NYSE:SYF)

Synchrony Financial has offered a consumer financing program for hhgregg through the hhgregg Credit Card for more than 17 years. On Thursday, Synchrony Financial (NYSE: SYF ) stock opened its trade at $26.93 and after floating in a range of $26.45 to $26.99, settled at $26.73.

Business

Broker Buy/Sell/Hold Updates For Dollar Tree, Inc. (NASDAQ:DLTR)

Dollar Tree was Resumed by Goldman to "Buy" on Sep 6, 2016. According to FactSet data, the stock has received different ratings from Financial Analysts. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, Director Lemuel E.

Business

Warrants issued for former Phoenix New Times owners in Backpage.com case

Texas' attorney general's office added money-laundering to the list of alleged crimes. Arizona Senator John McCain and his wife Cindy are both praising the arrest of Backstage.com CEO Carl Ferrer. Backpage.com is a classifieds website that allows users to post escort ads. But while champions of this cause may be cheering at these arrests, the reality is that prosecutors could have a hard time proving Ferrer's culpability or complicity.

Business

OPEC output rises, complicating cartel's price-boosting plan

Representatives of some OPEC members and non-OPEC countries including Russia, Azerbaijan and possibly Mexico will hold a round-table meeting Wednesday at 11 a.m. As such, OPEC has even asked Russia-and other non-OPEC members-to join in these cuts. Al-Falih also suggested the kingdom had become "a bit complacent" during the era of high oil prices but was now fully committed to reforms.

Business

Kim Kardashian West 'not doing well' after armed robbery

Meanwhile, Kardashian is suing a celebrity gossip website MediaTakeout for saying that she faked the robbery in Paris last week. According to a source, Kim has told police investigating the incident that those who stole jewellery from her seemed to be amateurs, reports tmz.com.

Business

Hurricane Matthew, Weakened to Category 3, Threatens Southeast

More than two million people had been ordered to evacuate the area. Commuters make their way through heavy rain in Jacksonville, Florida, on October 6, 2016, ahead of hurricane Matthew. In Charleston, the coastal SC city devastated by storm surges from 1989's Hurricane Hugo, driving rain fell early Saturday as Matthew's powerful center moved close.

Business

A Brief History of Samsung's Troubled Galaxy Note 7 Smartphone

Visit your local Samsung store, mobile provider or the retail outlet where you bought the phone. The demise of the Galaxy Note 7 is a major setback for Samsung , the world's largest maker of smartphones. The CPSC is investigating a series of fires in the replacement phones after the initial recall of the phones last month. Yes, Samsung has already halted the sales and production of its current flagship with faulty batteries.

Business

Toyota recalls 340000 Prius hybrid cars for faulty brakes

The announcement comes after Toyota, the world's largest automaker by vehicle sales in 2015, recently completed a buy-out of its minivehicle subsidiary, Daihatsu Motors. Suzuki specializes in minicars, which benefit from tax breaks in Japan and are reputed to boast good mileage. SMC Chairman Osamu Suzuki said: "I am appreciative that Suzuki is able to start discussions with Toyota to explore ideas on a partnership.We will proceed with discussions for the future of Suzuki".

Business

Tamilnadu CM Jayalalithaa Health Update Undergoing Lung Decongestion At Apollo Hospital

Kumar said when there were legal hurdles in Jayalalithaa holding the Chief Minister's post, Finance Minister O. Panneerselvam was sworn in as the Chief Minister. And now we have also been told that, though she is making some progress, she needs to be in the hospital for some more time. Apollo Hospitals' latest bulletin says the CM is undergoing treatment for lung congestion, after several medical experts and a United Kingdom specialist were flown in to treat her.

Business

Almost 500000 without power in North Carolina

Over 900 people have died in the country as a result of the storm so far. David Beasley, president of Insurance Recovery Inc., surveyed the damage and said that although it looked bad, the main strip was hit harder by Hurricanes Charley and Frances in 2004.

Business

Hurricane Matthew: Weather service issues dire warning

Cape Canaveral reports sustained winds at 80 miles per hour with gusts up to 120 mph. The weather agency forecast a danger of "life-threatening" flooding during the next 36 hours along the coast from Georgia to North Carolina. "Just because the center of circulation is offshore doesn't mean you can't be the center of action (along the coast)", National Hurricane Center Director Richard Knabb said Friday morning.

Business

Monica Lewinsky Says She Is Voting for Hillary Clinton

Women-if we may be whittled down to a campaign issue like taxes-loomed large ahead of the second presidential debate. Trump said that Pennsylvania workers will get their jobs back under his presidency, whereas Clinton would prefer to give those jobs to people who enter the country illegally.

Business

Two Palm Springs police officers killed, one wounded

SWAT officers quickly surrounded the house where the shooting took place, and authorities said late Saturday night that the gunman might still be holed up inside. Riverside County Sheriff Stan Sniff said that chemical agents were introduced into the residence before Felix emerged from the home's back door, wearing soft body armor and with high capacity magazines on his person.

Business

Buffett hits back at Trump over tax comments

Trump has said he can not make his returns public because he's the subject of an IRS audit. Interestingly, Buffett's statement includes that he paid $7 in income tax in 1944, when he was 13. All but $36,037 of the remainder was for state income taxes. He added, "The total charitable contributions he made was $2.858 billion, of which more than $2.85 billion were not taken as deductions and never will be".

Business

Burnett, MGM respond to Trump furore

Pressure had been growing on the show's makers to release other unflattering footage it may own of Mr Trump following the leak on Friday. The Sunlight Trump Campaign is they're now gathering funds to reach their $5 million goal and hoping to capitalize on rumors that a tape exists of Mr Trump using the "n-word" during his 11-years with the reality television show.

Business

Stephanie Scott's killer in court for sentencing

The search terms that followed referred to the sexual assaults of brides. Vincent Stanford is being transported from Leeton Police Station to Griffith Local Court to face murder charge. Marcus Stanford , the identical twin of Vincent Stanford , admitted he'd done a "really stupid thing". "That I had to kill her", Stanford replied.

Business

Oil glut to last until mid-2017 unless Opec cuts output: IEA

Global oil supply could fall in line with demand more quickly if OPEC and Russian Federation agree to a steep enough cut in production, but it is unclear how rapidly this might happen, the International Energy Agency said on Tuesday. In afternoon trading, benchmark US crude was down 64 cents to $50.71 a barrel in NY. Brent crude LCOc1 was up 9 cents at $52.50 a barrel at 0012 GMT.

Business

Samsung Electronics shares slide as Note 7 collapse weighs

Risking a battery fire might seem like a small price to pay for obsessively checking your latest Instagram "likes", catching up on email, Skyping your grandkids across the country, getting directions, confirming your travel itinerary, reading the news, searching for a dinner recipe, hailing a ride and so on.

Business

Samsung Earnings Slow but Grow Despite Recall in Q3 Preview

Revenue for the quarter likely fell 5.2 percent to 49 trillion won, the South Korean firm said. As reported by Reuters , Samsung's expected operating profit compares to a Thomson Reuters StarMine SmartEstimate of analysts' forecasts of 7.4 trillion won.


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