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AT&T Reaches Deal To Buy Time Warner For More Than $85 Billion

Trump took another media merger to task at Saturday's address. Republican presidential candidate Donald Trump said at a rally on Saturday after the deal was announced that he would block it if he wins the November 8 election against Democrat Hillary Clinton.

Business

Rory McIlroy creeping into contention with 66 in Shanghai

American Rickie Fowler was just one shot off the pace after the first round but slumped to a 73 on Friday, while compatriot and world number two Dustin Johnson also struggled. Shortly after Fowler finished his round, Karlberg surged ahead with three birdies in a four-hole stretch on the back nine and had a chance at the course record until his last two holes.

Business

UNF Poll: Clinton Edging Out Trump in Florida

Finance reports filed Thursday show Clinton's campaign raised almost twice as much money as Trump's in the first 19 days of October and had almost four times as much cash on hand. 26, 2016. Warren County Republican Lori Viars, an anti-abortion activist, said she could "count on one hand" people she knows who say they won't vote for Trump in an area with many evangelical Christians.

Business

Time Warner CEO says only AT&T approached with offer

AT&T will pay US$107.50 for each share in Time Warner share, in a combination of cash and stock, worth US$85.4 billion overall. What's the impact on everyday consumers now that AT&T might gain control over what their audience see on screen? Jefferies Group restated a buy rating on shares of Time Warner in a research report on Thursday, August 25th.

Business

Qualcomm acquires NXP Semiconductors for $47 billion

Eindhoven, Netherlands-based NXP Semiconductors specializes in developing chips for automotive systems including automotive radar, digital radios and transceivers. TAKING FLIGHT: Social media network Twitter added 1 cent to $17.30 after the company said users grew 3 percent in its latest quarter and said it will cut more than 300 jobs.

Business

Hero MotoCorp Invest $27 Mn In Bengaluru Based Ather Energy

The investment will be made in one or more tranches and will give Hero MotoCorp a stake of 26-30% in Ather, the bike maker said in a stock-exchange filing. In the first round, Ather, established in 2013, had funding from Tiger Global, Flipkart founders Sachin Bansal and Binny Bansal, and V Srinivasan (the co-founder of the Silicon Valley-based big data firm Aerospike).

Business

Boston Advisors buys $30850672 stake in Bristol-Myers Squibb Co (BMY)

Analysts also projected the Maximum, Minimum and Mean Earnings per share Estimate for Next Quarter. Mean Earnings Per Share (EPS) forecast is set at $0.56 by these analysts for This Quarter. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The Hedge Fund company now holds 11,248 shares of BMY which is valued at $616,278.

Business

(LLY) stock slips, "Hold" rating reaffirmed by Societe Generale Analysts

LLY has been the topic of several other research reports. The rating score is on a scale of 1-5 where 1 stands for strong buy and 5 stands for strong sell. The shares were bought at an average cost of $80.43 per share, for a total transaction of $464,322.39. The insider owns 751,188 shares which have current market value of around $57210478.08.Sidney Taurel is another major inside shareholder in the company.

Business

Halliburton Company, (NYSE:HAL), LINE Corporation, (NYSE:LN)

Following Earnings result, share price were UP 15 times out of last 28 Qtrs. The analysts estimated mean EPS at 0.08 while the high and low EPS estimate stand at 0.19 and 0 respectively. The market capitalization of the company is at $41.28 Billion. The stock's 50 day moving average is 44.64 and its 200 day moving average is 43.28. Company stock is -5.20% away from its one year high and is moving 74.70% ahead of its one year low.

Business

President Obama Stars in Clinton's New TV Ad

The President continues to stump for Clinton as the countdown to Election Day reaches just 10 days and change. Michelle Obama joined Hillary Clinton at a campaign rally to lend support to the presidential nominee in the closing stages of the race for the White House.

Business

Philippine President Duterte promises Japan support in South China Sea dispute

A government official said that Duterte said nothing about what he wants China to do with the ruling, a sign the Filipino leader won't do anything to prompt China to act on the verdict. On Wednesday, Japan and the Philippines signed agreements including Japan's provision of two coast guard boats and T-90 military trainer aircraft as part of its contribution to step up Philippine maritime security capability.

Business

Dipexium Pharmaceuticals Inc. (DPRX) Rating Lowered to Hold at Feltl & Co

Dipexium Pharmaceuticals, Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0. The company has its Price to Sales (P/S) ratio of 0 where Price to Book (P/B) ratio of 0.92, Price to Cash Per share (P/C) of 0.86 and Price to Free Cash Flow (P/FCF) has a value of 0.

Business

Russian Federation tells OPEC it still willing to freeze oil output

Russia, which is one of the world's top producers and has been supporting action with OPEC to prop up prices, is also attending the meeting, so far without making public comment in Vienna. Today's meeting comes at a critical time for the global oil market as producers jointly put efforts into taking action for the sake of the "sustainable market stability" desired by all.

Business

Oilers vs. Jets 2016 live stream

In 2011, his Washington Capitals beat the Pittsburgh Penguins 3-1 in the Winter Classic at Heinz Field. "We started trying to make plays through people in the neutral zone and they made us pay for it", said Jets centre Mark Scheifele . "It flooded it, it definitely didn't freeze."(Sunday) is an opportunity. Oilers captain Connor McDavid recalled his family making a rink in their small Richmond Hill, Ontario, backyard one winter, but that was it.

Business

Oil down 1 pct on OPEC worries despite bounce on U

ET), after falling in the last three days. Data released Wednesday by the U.S. Energy Information Administration (EIA) said U.S. commercial crude stockpiles fell by 553,000 barrels in the week ended October 21. "OPEC appears to be approaching the limits of its ability to jawbone oil higher without something concrete to put on the table", OANDA's Halley said.

Business

Alphabet posts strong revenue

Comparing Google's online role to the heyday of prime-time television, he added, "Our services are prime time for the mobile world". It owns 78% of the market on personal computers. Other Bets , which also includes research unit X, reported an operating loss of $865 million, down from a year-ago loss of $980 million. However, Google executives' rhetoric suggests Alphabet is plowing money into businesses capable of generating strong returns, and cutting investment from projects with ...

Business

Bill Clinton adds Cincinnati area to campaign stops in Ohio

Colin Powell, Former Secretary of State ... You can still request an absentee ballot until November 5, but it must be completed and postmarked by November 7. This time she will be working for youth, the middle aged and old age Americans, as President. Bernie Sanders and Chelsea Clinton. The two became close friends and dated on-and-off through high school and indulged in a sexual affair from 1974 when Dolly left her first husband.

Business

Twitter Kills Off Vine App, Cuts 9% of Staff

Shares of Twitter , which have tumbled 27 per cent in the past month as possible suitors have wandered away, rose 34 cents, or 2 per cent, to $17.63 in afternoon trading on Thursday. The company said it expected cash expenditures of about $10 million to $20 million in the fourth quarter, mostly for severance costs. In recent weeks, rumors surfaced that several companies were interested in buying Twitter including Disney; Google's parent company, Alphabet Inc.; and Salesforce.

Business

Oil prices climb up in world market

Oil prices rallied on Wednesday, with USA crude settling at a 15-month high after the EIA said US oil inventories fell by 5.2 million barrels last week. Wall Street closed out Wednesday's session with modest gains thanks to a rally in crude oil that pushed West Texas Intermediate to its highest close since it hit $51.61 in July 2015.

Business

Sharp Rise in Obamacare Premiums for 2017

And Americans who use the health insurance markets created by the health care law championed by President Barack Obama face less choice than at any time since the program started. According to the Obama administration, 76 percent of the people enrolled in Obamacare could wind up paying lower premiums next year if they switched from their current plan to the lowest cost one in that level of coverage.

Business

North Dakota tribe vows to continue pipeline protest despite arrests

Police in riot gear used pepper spray and armored vehicles in an effort to disperse an estimated 330 protesters and clear a camp on private property, according to photos and statements released by the Morton County Sheriff's Department. Greenpeace Executive Director Annie Leonard said her organization supports the Standing Rock Sioux Tribe and its allies, calling the pipeline "a direct threat to the life, rights and water of the Standing Rock Sioux".

Business

Dylan 'speechless,' will accept Nobel Prize

This will be music to the ears of the Academy's permanent secretary Danius, who was getting a bit edgy last week as Dylan's steadfast silence to Mr. Only in May 2013 did Dylan respond, through his manager. The singer says he was left "speechless" by becoming the first musician to receive the honour. It is not clear if Dylan will be present at the December 10 award ceremony at Stockholm.

Business

WHY IT MATTERS: Health Care

But Obama will be attempting a hard sales job. Significant premium increases by health insurers trying to stem losses from previous years and fewer choices in the marketplaces due to pullbacks by major health insurers such as UnitedHealth Group Inc., Aetna Inc., Humana Inc.

Business

Oklahoma health care premium costs to rise under Affordable Care Act

Pre-subsidy premiums for Obamacare, the highly controversial Affordable Care Act brought in by the Democratic administration six years ago, are expected to go up by an average of 25%, and consumers will have fewer choices for coverage, to boot.

Business

BAT's $47 billion deal with RJ Reynolds sets the City alight

The deal, if approved by the Americans , would see BAT grab the 58% of Reynolds it doesn't already own, creating the biggest privately-owned tobacco company in the world. BAT's offer comes at a moment of transition for Reynolds, which earlier this week said its chief executive, Susan Cameron, would step down next year.

Business

Tesla unexpectedly reports second-ever quarterly profit

Tesla's revenues for the quarter surged 145 percent to $2.30 billion from $936.79 million previous year. Tesla , which went public in 2010, had not made a net quarterly profit since the first quarter of 2013. The GAAP net income hit the $22 million mark, with Tesla saying it saw $176 million in free cash flow. Musk referred to the factory as "the machine that makes the machine" and said it's progress is critical to achieving production goals for Tesla's highly anticipated Model 3 ...

Business

Obama, Biden to campaign for Clinton in NC next week

Patrick Murphy, whom Obama has endorsed. She ran through Obama's achievements, including her charitable initiatives like Let's Move and Let Girls Learn, raising her two children, and Clinton promised to look after her beloved White House kitchen garden.

Business

Supreme Court Decides to Enter Transgender Bathroom Debate

The case, stemming from a Virginia dispute involving a transgender boy, will be heard early next year, either by the current eight-member court or with a new ninth justice chosen at the behest of the victor of the presidential election. Due to the concerns of parents, the board voted to approve a policy requiring students to utilize the restroom that correlates with their biological gender, or to use a private bathroom.

Business

Ceta talks: European Union and Canada hold out hope for trade deal

Prime Minister Justin Trudeau was planning to fly over to Brussels for the official signature. In a broadcast statement on Monday Schulz said he was optimistic about finding a solution: "There is not only still hope with CETA". "It is evident that in the current circumstances, we can not give a "yes" today", he said. Objections to CETA are similar to those levelled at TTIP, essentially that the accords will give too much power to multi-national corporations and that they could allow ...

Business

Norway says will not participate at OPEC meeting

Brent crude oil futures was up 21 cents at $51.67 per barrel by 1100 GMT. U.S. West Texas Intermediate (WTI) crude slid 80 cents, or 1.6 per cent, to US$49.96. "No doubt, the difference now compared to earlier this year, back when the market was primarily reacting to verbal intervention, is now something has been promised and if that promise can not be fulfilled or delivered, then we obviously have a problem", he said, adding that his near-term target for Brent was $49.40, followed by ...

Business

Thousands await power after Northwest storm

The tribe says it was very concerned that Saturday's storm, formed from the remnants of a Pacific typhoon, would bring a storm swell that would breach the sea wall. Before Friday, there had been only four tornadoes on record since 1950 in Tillamook County, said weather.com senior meteorologist Jonathan Erdman .

Business

MY BIZ: Tata braces for legal battle with Mistry

Tata Group overall commands market capitalisation of over $ 125 billion (close to Rs 8.5 lakh crore), with software giant TCS alone accounting for Rs 4,72,301.73 crore. Meanwhile, a day after taking over as the interim Chairman, Ratan Tata told the senior executives of the Tata Group that an "institutions must exceed the people who lead it".

Business

Swiss bank UBS in Hong Kong investigation for IPO work

Investment banks who shepherd companies to the stock market are now legally liable for the information contained in the sales pitch, known as a prospectus, opening the door to potential litigation. UBS did not benefit from the same surge in investment banking revenues experienced by US banks since its business is more geared towards equities in Europe and Asia, and Wall Street earnings were boosted by USA bond trading.

Business

Twitter to cut 9pc of its workforce or 350 people

Due to the planned changes in the sales force, Twitter is not giving revenue guidance for Q4 or the full year, as the company said the impact remains hard to quantify. Twitter was 1.7 per cent higher in early afternoon trade at $US17.59. This is notably an acceleration from Twitter's 5% increase in daily active users in its second quarter and its 3% growth in its first quarter.

Business

Chip maker Qualcomm buying NXP Semiconductors in $38.1B deal

Qualcomm is seen as the premium provider of SoCs (system-on-chip) for the smartphone industry, while its main competitor, MediaTek, has grown tremendously in the last couple of years, thanks to its low-priced chipsets it supplies to all handset makers around the world.


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