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Business

Authorities launch effort to remove protesters

The Dakota Access Pipeline is a $3.8 billion project developed by Energy Transfer Partners and is expected to stretch 1,172 miles from North Dakota to IL through sacred Native American land. Authorities are using a Long Range Acoustic Device , which sends a high-pitch warning tone to control and disperse the crowd of protesters, according to a post on the Morton County Sheriff Department's Facebook page.

Business

Sales of Apple (NASDAQ:AAPL) Down for the Third Successive Time

The strong iPhone sales come as a welcome surprise. That was down from $670 a year earlier and below analysts' estimates of $625. Apple representatives at the call were however, upbeat about the performance of the company and focused on future growth areas.

Business

Iraq lures investors to boost its oil output as OPEC debates cuts

December Brent crude on London's ICE Futures exchange tacked on 72 cents, or 1.4%, to $50.70 a barrel. The fall in USA crude inventories, OPEC's decision to cut production in November, and the global economic outlook are key factors in determining oil prices, according to England.

Business

Pa. Senate race exceeds record for most expensive

They go at it again in Philadelphia at Temple University Monday evening, just after Hillary Clinton urged supporters to back McGinty. He's running for re-election in a Democratic-leaning state after compiling one of Congress' most conservative voting records .

Business

NXP Semi's stock surges after $47 billion buyout deal with Qualcomm

The deal would make Qualcomm , which supplies chips to Android smartphone makers and Apple Inc, one of the biggest suppliers to the fast-growing market of chips used by the automotive industry. By joining forces, Qualcomm and NXP hope their complementary technologies will open up new opportunities in a range of "strategically important areas", including automotive connectivity and infotainment, IoT, mobile payment security as well as wired and wireless communications.

Business

United Kingdom government wants to expand Heathrow airport, razing homes

Sources told the BBC that the third runway scheme was chosen when Prime Minister Theresa May chaired a meeting of the airport sub-committee. In agreement with the Airports Commission's recommendation, the United Kingdom government offered their endorsement of the Heathrow expansion over adding a second runway to Gatwick Airport south of London.

Business

Newmont Mining Corp. (NEM) Stock Price Down 5% After Earnings Miss

The business earned $2.04 billion during the quarter, compared to analyst estimates of $2.02 billion. At present, the ROE is valued at 0.40%, indicating its debt to equity at 0.49. The stock is down 1.07% or $0.39 hitting $36.2, despite the positive news. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website .

Business

Apple adds keyboard touch functions to Mac in major refresh

It was in 1984 when Apple introduced the first Macintosh to the gasps of a captivated audience, and only in 1998 did the entire thing evolve into the first-ever iMac. It can recognize different users and offer quick switching based on the fingerprint. Touch Bar is powered by a new chip that Apple is calling T1. Every 15-inch MacBook Pro is powered by an Intel Core i7 processor with Radeon Pro graphics that feature 4GB of VRAM.

Business

Father jumps from New Jersey bridge holding his 2 children

The wife called 911 and police used the Global Positioning System in Spincken's cellphone to track him within a 2,000 square foot radius. The state had installed 10-to-12-foot preventive fencing on both sides after several previous suicide attempts, but Spincken may have used his auto to climb over, DePuyt said.

Business

More Americans sign contacts in September to buy homes

There has been evidence that wages are beginning to increase which, allied with steady job gains, is encouraging more households to consider buying a home. The Midwest saw a 0.2% decline in September, and pending sales are 1.0% lower there than they were a year ago. "It's leading to home prices outpacing wages, properties selling a lot quicker than a year ago2 and the home search for many prospective buyers being highly competitive and drawn out because of a shortage of listings at affordable ...

Business

Tesla posts rare profit, stock pops 6%

Tesla paid off a $600 million debt and ended the quarter with $3.1 billion in cash. The Tesla third quarter results reflect strong company-wide execution in many areas. It will be up to regulators and the public as to when the self-driving capabilities will actually be put to use on roads, according to Musk. Tesla Motors had a negative return on equity of 46.30% and a negative net margin of 24.64%.

Business

Authorities begin to remove protesters

CANNON BALL, N.D. (AP) - Armed soldiers and law enforcement officers dressed in riot gear on Thursday began arresting protesters who had set up a camp on private land to block construction of the Dakota Access oil pipeline. The Federal Aviation Administration is restricting flights over the Cannon Ball area until November 5, allowing only aircraft affiliated with the North Dakota Tactical Operation Center and banning drones.

Business

Tesla surprises with 3Q profit

Cash flow should improve as Tesla continues to ramp production and deliveries. The deal comes as Tesla is planning to buy Sunrun's bigger rival, SolarCity Corp , as part of its bid to sell a fossil fuel-free lifestyle in which people can have solar panels on their roofs generating electricity to power their homes, charge home battery packs and recharge their electric vehicle batteries.

Business

Senate panel sets hearing on AT&T-Time Warner merger

Other major telecommunications companies have already made similar moves. Time Warner owns popular channels like HBO, CNN, TNT and TBS, plus Warner Bros. It is unclear how much that will help the bottom line. The concern has been that an internet service provider - say, AT&T - might slow down content moving from a rival - such as Netflix - in order to give priority to its own offerings, such as a pay-per-view movie.

Business

Tesla posts first quarterly profit in more than three years

The electric vehicle maker posted revenue of $2.3 billion in the period, which also beat Street forecasts. Sure, the quarter mile time is just as pointless as 0-60, but in the interest of spicing things up a bit, the enterprising folks over at DragTimes were up to their old tricks again this weekend when they took a Tesla Model S P100D on a record-setting quarter-mile run.

Business

SunTrust Banks Weighs in on Southwestern Energy Co.'s FY2016 Earnings (SWN)

This calculation is derived by dividing the current share price by the projected earnings per share. National Securities restated a "buy" rating on shares of Southwestern Energy in a report on Monday. The company had revenue of $651.00 million for the quarter, compared to analysts expectations of $628.49 million. During the same quarter in the previous year, the company earned $0.01 EPS.

Business

Tesla Model 3 & Chevy Bolt compared; Tesla gets the NVIDIA touch

Despite the Bolt coming in semi-autonomous features such as front-pedestrian braking and lane-keep assist along with a top speed of 91mph and a price tag of US$37,500 (AU$50,000 approx), before federal tax exemptions, the electric auto everybody is looking forward to is the Tesla Model 3 .

Business

Hillary Clinton to Campaign in NH With Elizabeth Warren

Warren also referred to Trump calling Clinton "a nasty woman" at last week's debate, a phrase that quickly caught fire on social media, sparking hashtags and T-shirts. "And nasty women have really had it with guys like you", Warren continued. "They've had a lot of time to get ready", Trump said. Elizabeth Warren of MA and several local Democrats.

Business

Wal-Mart pushes service for holiday; Target stresses value

Chief Operating Officer Judith McKenna told Fortune on the sidelines of a press briefing on Wednesday in Teterboro, N.J. "What customers tell us is it's great to have things delivered to their door. "The more you can put on it the better it sells". That's a sharp improvement, and yet it is still far less than the 350 million items that Amazon.com is thought to carry.

Business

Ohio To Suspend Business Relationship With Wells Fargo

In response, Wells Fargo said it "values the State of Ohio's business and will fight to earn it back". Get twice-daily updates on what the St. Louis business community is talking about. That's a slight drop from the same time previous year and comes as the company is trying to work its way through a growing scandal over fraudulent sales practices among thousands of employees who set up unauthorized accounts in clients' names in order to meet sales goals.

Business

Which way Celgene Corporation (NASDAQ:CELG) earnings may go

Vetr raised Celgene Corp. from a "sell" rating to a "hold" rating and set a $111.26 price target on the stock in a research report on Monday, August 1st. 0 analysts assign "Sell" rating for the stock. Celgene Corp.'s revenue was up 27.8% on a year-over-year basis. On 10/24/2016, Celgene Corporation (NASDAQ:CELG) ended trading lower at $98.07 with -0.85%.

Business

Analysts Speculate on: Bank of New York Mellon Corp (NYSE:BK)

Richard Bernstein Advsrs Ltd Company, a New York-based fund reported 64,297 shares. Advisory Services Network LLC now owns 2,669 shares of the company's stock worth $106,000 after buying an additional 173 shares during the period. The current assessment for The Bank of New York Mellon Corporation NYSE:BK Asset Management on its PE ratio displays a value of 14.69 with a Forward PE of 12.7.

Business

Social Security increase works out to $5 a month

The Social Security Act ties the annual cost-of-living adjustment ( COLA ) to increases in the Consumer Price Index, as determined by the Department of Labor's Bureau of Labor Statistics. This added tax raises the wage earner's Medicare portion of FICA on compensation above the threshold amounts to 2.35 percent; the employer-paid portion of the Medicare tax on these amounts remains at 1.45 percent.

Business

Cliffs Natural Resources Inc. (CLF) Rating Lowered to Hold at Vetr Inc

The Cleveland Ohio 44114 based company has been outperforming the industrial metals & minerals companies by -23.5139% for last three months and its recent losses have trimmed gains to 292.41% YTD, versus the industrial metals & minerals industry which is up 44.69% for the same period.

Business

Brokerage Firm Gives A Focus Of Symantec Corporation (NASDAQ:SYMC)

The firm has price to book ratio of 3.96 and its price to sale ratio was 4.17. The forward P/E ratio stands at 14.52. The day began at US$5.94 but the price moved to US$5.83 at one point during the trading and finally capitulating to a session high of US$6.1.

Business

CenturyLink in advanced talks to merge with Level 3 Communications

The Market Capitalization of the company stands at 17 Billion. The Relative Volume of the company is 0.68 and Average Volume (3 months) is 2.77 million. Company latest quarter ended on 30 Jun 2016. The difference in the numbers was $24.31M which caused a surprise factor of 1.17%. EPS estimate is noted at $0.67 while lowest EPS estimate among analysts is targeted at $0.38.

Business

Cambiar Investors Lowers stake in Biogen Inc (BIIB)

Both metrics topped the analyst consensus for $2.9 billion and $4.97. The Return on Equity (ROE) and Return on Investment values are 36.6 percent and 23.5 percent respectively. Dividends are mostly given in terms of cash payments, property or as shares of stock. The total volume of 2.66 Million shares held in the session was surprisingly higher than its average volume of 1548.34 shares.

Business

Viewing Major Stock of Yesterday- Gilead Sciences, Inc. (NASDAQ:GILD)

Gilead Sciences Inc . (NASDAQ:GILD) Biotechnology exhibits an Operating Margin of 63.00% and a Gross Margin of 87.10%, therefore, displaying a Profit Margin of 50.50%. Sabby Management LLC purchased a new stake in shares of Axovant Sciences during the first quarter worth approximately $391,000. BlackRock Inc. now owns 36,659 shares of the company's stock worth $421,000 after buying an additional 1,659 shares during the period.

Business

Unable to find buyer, Twitter cuts workforce by 9 percent

Twitter on Thursday reported adjusted third-quarter earnings of $92 million, 13 cents per share, on revenue of $616 million. Twitter did slightly exceed their expected earnings for the quarter, earning $616 million compared to the revenue of $569 million from the third quarter of a year ago.

Business

Janus Capital Group's (JNS) "Hold" Rating Reaffirmed at Jefferies Group

Jefferies Group reaffirmed a buy rating on shares of Janus Capital Group in a report on Thursday, August 11th. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 3.00 on scale of 1-5. In related news, major shareholder Ichi Life Insurance Co. Meanwhile, EVP, CFO (Click for the stocks that their CFOs have bought) McPeek Jennifer J sold 5,000 shares worth $73000, through a transaction dated 2016-08-03.

Business

Mondelez International, Inc. (NASDAQ:MDLZ) Insider Trading Review

Susquehanna reiterated a "buy" rating and set a $60.00 target price on shares of Mondelez International in a research report on Tuesday, August 30th. A trader is looking more closely at a weekly, or shorter, time frame and is more interested in immediate price fluctuations.

Business

Why Western Digital Corp (WDC) Stock Is Soaring Today

Will the stock hold onto the upward movement today? Western Digital Corp makes up approx 0.02% of Creative Planning's portfolio. These price targets are a consensus analysis of 27 brokers. Caisse De Depot Et Placement Du Quebec has 274,688 shares for 0.03% of their United States portfolio. Marco Investment Llc last reported 0.18% of its portfolio in the stock.

Business

Revenue Update on Baker Hughes Incorporated(NYSE:BHI)

The Median price target for the stock is set at $55.00. Baker Hughes Incorporated (NYSE: BHI ) moved up 4.3% and closed its last trading session at $54.39. In addition, the company manufactures and sells other products and provides services to industries that are not related to the oilfield or continuous process industries.

Business

Zions Bancorp Announces 39% Advance In Q3 Earnings

With RSI of 43.51, the stock should still continue to rise and get closer to its one year target estimate of $127.83, making it a hold for now. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.49 and $0.55.

Business

Nielsen Reports Lower Third-Quarter Earnings

Cantor Fitzgerald initiated coverage on Nielsen NV in a research report on Thursday, September 15th. When it comes to the Analysis of a Stock, Price Target plays a vital role. This represents a $1.24 annualized dividend and a yield of 2.71%. The ex-dividend date is Friday, November 18th. Janney Montgomery Scott LLC acquired a new stake in shares of Nielsen N.V.


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