Business
Manufacturing in New York state slides again in October
The headline general business conditions index, published by the bank on Monday and based on responses from around 100 manufacturing executives within the state, contracted to -6.8 in October marking the third month in a row that manufacturing firms in New York State have reported a modest decline in business activity.
Business
Kinder Morgan Inc. (KMI) Short Interest Down 10.4% in September
It has outperformed by 6.12% the S&P500. Many Wall Street Analysts have commented on Kinder Morgan Inc. The difference between the expected and actual EPS was $0/share, which represents an Earnings surprise of 0%. They now own 1.20 billion shares or 1.62% less from 1.22 billion shares in 2016Q1. Shares of Kinder Morgan ( KMI ) were lower in late-afternoon trading on Tuesday as the company will report its 2016 third quarter results after tomorrow's market close.
Business
Bellway issues Brexit warning despite posting record revenues
Earnings per share were 328.7 pence, up 42 percent from 231.5 pence a year ago. But it warned that some suppliers were expected to seek price rises in the wake of the slump in the pound following the Brexit vote. And while the European Union referendum had caused some jitters over the economy, the company's reservations remained higher year-on-year, up 13% since the Brexit vote until its year-end.
Business
J&J upbeat on future despite threat to sales of key drug
Remicade was J&J's top-selling drug in the quarter, with $1.2 billion in USA sales alone. Biosimilars, unlike generic drugs, are not exact copies of their reference products because of the small discrepancies in manufacturing biological material.
Business
Latest Analyst Ratings For Dunkin Brands Group, Inc. (NASDAQ:DNKN)
Analysts are also projecting an Average Revenue Estimate for Dunkin' Brands Group, Inc .as $214.58 Million in the Current Quarter. Dunkin Brands Group Inc makes up approx 0.01% of Capstone Asset Management Co's portfolio.Legal General Group Plc boosted its stake in DNKN in the latest quarter, The investment management firm added 988 additional shares and now holds a total of 23,670 shares of Dunkin Brands Group Inc which is valued at $1,207,407.
Business
Macy's is opening even earlier on Thanksgiving
In a statement emailed to The Associated Press, it said it surveyed store employees well in advance about their preferences. "Doing so means that our employees are able to make their own decisions about how they contribute to our most important and busiest weekend of the year".
Business
What Happened to Billy Bush? Why Did Billy Bush Retire?
Since that 2005 tape was released, almost a dozen women have come forward accusing Trump of sexually assaulting them. Bush had joined NBC's morning flagship " Today " in August. On the tape, Trump openly brags to Bush about groping and assaulting women and getting away with it. He issued a contrite statement hours after the tape leaked, saying he was ashamed and embarrassed, blaming his youth and immaturity at the time (he was 33, married and the father of daughters).
Business
Trudeau Nominates Malcolm Rowe, N.L
On Monday, October 24, the Minister of Justice and the Chair of the Independent Advisory Board for Supreme Court of Canada Judicial Appointments , the Right Honourable Kim Campbell, will appear before the House of Commons Standing Committee on Justice and Human Rights to discuss the Government's choice of nominee and the process followed in selecting him.
Business
Southwest, JetBlue, Virgin America say tech outage prevented customers from booking flights
In JetBlue Airways Corporation (NASDAQ: JBLU)'s most recent quarter, EPS moved to $0.53 from $0.59 in prior quarter and revenues reached at $1,643.00M versus $1,616.00M. 1 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. Price Potential: Even though the stock has posted -2.09% fall in value, its new closing price reflects a -33.93% fall in value from company's one year high of $27.
Business
Walmart Starts Vudu Free Ad-Supported Movie Service
This includes iOS and Android devices, smart TVs and Blu-ray players, PlayStation consoles, and Roku streaming boxes. "There's no better value than free", said Jeremy Verba, VP and GM of Vudu. Vudu pitched the expansion as a way to find a new way for customers to save money. Vudu will play several 30-second commercials before the video plays and will break into the stream several times with more ads before the film ends.
Business
Clinton needs to address her husband's assault allegations
But according to the Washington Post , Trump had bigger plan: He wanted them to confront Bill live, on camera, as they both entered debate. After the release of the Trump tapes, the Republican presidential nominee knew that all of the focus during Sunday's debate with Hillary Clinton would be on his vulgar and sexually abusive language that was captured during a hot mic moment in 2005.
Business
Jose Mourinho makes 'control' claim about Man Utd and Liverpool
In the second half, David De Gea made two great saves but it was out of context. "This is a point that stopped them winning three", said Mourinho. The England defender helped José Mourinho's side leave Anfield with a point on Monday after a disappointingly flat game that produced few goalscoring opportunities.
Business
Texas Longhorns president likes having 10 Big 12 teams
News and World Report. The 10 schools that now make up the Big 12 are bound together by a deal committing their television rights to the conference through the 2024-2025 school year. Conference officials held interviews in September with Air Force and Colorado State from the Mountain West; Central Florida, Cincinnati, Connecticut, Houston , South Florida, SMU and Tulane from the American Athletic Conference; and BYU, which is a football independent with its other sports in the West Coast ...
Business
The Future Looks Bright as Matthews Nets Four in Historic Debut
He and Willian Nylander burst into the Ottawa end, with a quick one-two teeing Matthews up for a tap in at Anderson's back post. Plenty had been made about the 6-foot-3 center after he was drafted first overall by the Toronto Maple Leafs .
Business
Labour renews pressure for Brexit vote with 170 questions
Britain's Prime Minister Theresa May holds onto her notes as she leaves 10 Downing Street for the House of Commons for her weekly Prime Minister's Questions, in London , Wednesday, Oct. "So in many, many ways we can not give details about how we are going to run the negotiation". "The Government is focused on delivering on Brexit", the source said.
Business
National Pension Service buys $27520658 stake in Hewlett Packard Enterprise Co (HPE)
Force behind Hewlett Packard Enterprise Firm bullish runs in this report? . Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company's stock.
Business
'Gilmore Girls' revival gets four adorable new posters
The buzz continues to build for the reunion of Lorelai and Rory, better known as the Gilmore Girls . After looking at these posters, you'll be in the fall spirit, ready for winter, excited for spring, and pumped for summer. Along the way, fans will get a chance to say goodbye to Richard Gilmore - actor Edward Herrmann died in 2014 - and finally learn those final four words.
Business
MGIC Investment Corp. (MTG) is Initiated by BofA/Merrill to Buy
The AES Corporation has 52-Week high of $13.32 and 52-Week Low of $8.22. AQR Capital Management LLC now owns 2,241,643 shares of the company's stock worth $13,337,000 after buying an additional 1,485,829 shares in the last quarter. During the same quarter in the previous year, the company posted $0.28 EPS. The buoyancy in the outlook of MGIC Investment Corp. The Company, through its subsidiaries, provides private mortgage insurance and ancillary services.
Business
Cardinals climb back to .500, Jets in freefall
Despite the move Monday night, Bowles was quick to state afterward that Fitzpatrick is still the team's starting quarterback. The cast of second-year players had a big impact as the Arizona Cardinals posted a 28-3 victory over the New York Jets in National Football League action on Monday.
Business
One Stock Analysts Are Watching - Omnicom Group Inc. (NYSE:OMC)
The rating was maintained by JP Morgan on Monday, March 21 with "Overweight". Omnicom Group Inc . reported profit rose 6.1% and results narrowly topped expectations in the latest quarter, though foreign currency challenges continued to be a drag on revenue growth.
Business
EU trade chief: not there yet to sign EU-Canada deal
The Ceta deal can only go ahead if there is unanimous agreement of all 28 member states, with the signing coming as soon as 27 October if the agreement wins universal backing. "If we don't agree with Canada with whom will we agree?" While a number of countries had voiced their concern with regard to the controversial agreement, Slovakian trade minister Peter Ziga said that in the end it was Belgium reservations which put a halt to the process.
Business
Britain Suspends Foreign Professors From Brexit Project
Britain's finance minister Philip Hammond on Friday downplayed the flash crash, calling it "technical". He said: "We need to remain strong". The pound was changing hands at S$1.7020 in late Singapore trade yesterday, down 1.7 per cent on the day.
Business
McDonald's Corporation (NYSE:MCD): a Look into Earnings & What Analysts are Expecting
On 10/10/2016, Telsey Advisory Group released a statement on McDonald's Corporation (NYSE: MCD ) upped the target price from $0.00 to $130.00 that suggested an upside of 0.15%. Investors are expecting that McDonald's Corporation (NYSE: MCD ) will issue their earnings release on or around 2016-10-21. Two senior executives at McDonald's ( MCD ) are scheduled to announce they are leaving the fast-food chain this week as the company reshapes its leadership team in an effort to boost ...
Business
Next Weeks Broker Price Targets For Eli Lilly And Company (NYSE:LLY)
Jefferies Group also issued estimates for Eli Lilly and's FY2019 earnings at $5.61 EPS. 08/10/2016 - Eli Lilly and Company had its "outperform" rating reiterated by analysts at Leerink Swann. Also, insider Donald A. Zakrowski sold 1,213 shares of the stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $81.37, for a total transaction of $182,919.76.
Business
Nicola Sturgeon Tells SNP Conference Scotland 'Will Become An Independent Country'
In Scotland's 2014 Independence Referendum, 55% voted for Scotland to remain part of the UK. The SNP leader is to bring down the curtain on her party's conference in Glasgow with a speech proclaiming a "new political era" in the UK. Inside the conference hall - where saltires were more likely to be pin-sized - Sturgeon spoke of "Scotland's home rule journey" and said the "i word" she wanted to talk about was inclusion.
Business
Qantas, Virgin, Singapore Airlines Ban Samsung Galaxy Note 7
The Federal Aviation Administration (FAA) had previously counseled against packaging the phones in luggage. Additionally, on October 11th, Samsung suspended the manufacture and sale of the Samsung Galaxy Note7 device. One fire erupted on a Southwest Airlines flight earlier this month. The order from the US Transportation Department and other agencies bars owners from carrying on the devices or stowing them in checked baggage during flights.
Business
'Riot' Charge Dropped Against Amy Goodman For Covering Pipeline Protest
On Sept. 3, Goodman and her crew captured images of security teams with dogs trying to keep protesters from entering a pipeline construction site. The Standing Rock Sioux tribe along with over 100 other tribes from all across the U.S., Canada and even Latin America have been protesting the pipeline project for months.
Business
BlackRock quarterly profit rises 3.8 percent
The lower revenues reflect the continuing move of investor money out of active strategies into passives, so while assets under management continue to increase they are generating lower fees on average. Investment banking revenue slid to $1.54 billion from $1.56 billion, compared to the consensus of $1.47 billion, while equities revenue grew 2% to $1.78 billion.
Business
OPEC Plans To Limit Output
Oil rose to a 15-month high on Monday after Saudi Arabia expressed optimism that a deal could be finalised to cut output and Russian Federation signaled support. Members of the cartel have been discussing production cuts with other countries, including Russian Federation, at a meeting this week in Istanbul. Russia, which has pledged to join OPEC in cutting output, is set to join the Istanbul meeting later on Wednesday.
Business
Stocks move higher on Wall Street (11:45 am)
The S&P 500 was up 15.62 points, or 0.73 percent, at 2,142.12. Nasdaq 100 e-minis were up 37.25 points, or 0.78 percent, on volume of 31,213 contracts. Even so, overall inflation remained in check, as it has for the past several years. The dollar fell from the seven-month high it held for the past five days after Federal Reserve Vice Chair Stanley Fischer said Monday that the US economy was very close to its employment and inflation goals, but warned on any rash changes to monetary policy.
Business
Wal-Mart Stores Inc. (NYSE:WMT) Stock Declines, Analysts: Hold Rating
Huntington National Bank's holdings in Wal-Mart Stores were worth $13,724,000 at the end of the most recent quarter. This consensus number is also derived from Zacks. The company had Year Ago Sales of 117.41 Billion. Revenue for the same quarter is predicted to arrive at $130.96B. Currently, Wall Street is projecting that the firm will post $0.96 earnings per share.
Business
Hurricane Matthew Heads For the Carolinas
Nearly 900 people died when the storm battered Haiti, and with outbreaks of cholera in the aftermath at least another 13 have now also lost their lives. The storm swamped the streets of Savannah, a historic town of moss-draped squares and antebellum mansions. "Similarly, when Alabama experiences severe weather, when needed, we also may call upon outside resources to assist with restoration".
Business
Electrical problem blocks Eurostar traffic beneath Channel
Traffic through the Channel tunnel between France and Britain was stopped in both directions Tuesday due to a power problem, managers said. 'We've held traffic due to a technical issue on the line. A spokesman for Eurostar said the problem had been caused by a power supply issue but they were still awaiting further information. "We estimate that the service will not resume before 5pm ".
Business
Clinton leads by 7 points as Trump faces grope claims: Reuters/Ipsos poll
According to the New York Times , Clinton told volunteers in Seattle that she would spend the final weeks of her campaign trying to help the country fix itself after a bitter election. When he suggested that Clinton had been a less-than-stellar campaigner, Clinton noted that she had prepared for the debate and "prepared to be president".
Business
Major US City Bans Wells Fargo For One Entire Year After Scandal
Wells Fargo's small business accounts problem isn't trivial. Wells Fargo came under scrutiny from United States regulators and lawmakers last month when it announced a $185m settlement for opening more than 2m accounts without customers' permission from 2011 to 2016.