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Zuckerberg sure fake news on Facebook didn't sway election

Last December, Mr. Zuckerberg and other top Facebook executives agreed to maintain Mr. Trump's posts on his Facebook page despite the fact that two posts calling for a ban on Muslims from entering the USA violated the site's rules for hate speech, The Wall Street Journal reported last month.

Business

LinkedIn Ban Upheld by Russian Court Over Data Protection Fears

Roskomnadzor said that under a September 2015 law on personal data, LinkedIn could only store citizens' data on servers located in Russian Federation. "The access will be shut within days", Vadim Ampelonskiy, a spokesman for Roskomnadzor said, The Washington Post reports . While some online companies such as Booking.com have said they will transfer the necessary data to Russian servers, it is unclear whether other sites, including Facebook and Google , will comply with the law.

Business

Vivint Solar beats 3Q profit forecasts

Back on August 08, 2016, it posted earnings per share at $-0.49 which topped the consensus $-0.58 projection (Negative surprise of -15.15%). The 7 analysts offering 12-month price forecasts for Vivint Solar Inc have a median target of 6.00, with a high estimate of 9.00 and a low estimate of 2.40.

Business

Long queues in banks to exchange notes

The weekly cap is 20,000 rupees, including withdrawals from ATMs. Many banks allowed only a few people at a time to enter branches to manage crowds better with the help of police protection and as a result, people had to stand outside in the sun.

Business

Nasty Gal Retailer Files for Chapter 11 Bankruptcy

Amoruso is reportedly resigning from her board position, according to Recode . Waterson added that the business will also use the period under which it is in Chapter 11 (a form of bankruptcy protection in the USA which affords troubled business the time to restructure and refinance) to look for a new backer to inject capital into the business.

Business

Nordstrom (JWN) Rallies on Q3 Earnings Beat, Revenues Up 7.2%

The most bullish analyst sees the company reporting earnings per share of $3.1 while the most bearish analyst is predicting a current year EPS number of $2.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The disclosure for this sale can be found here.

Business

Analysts showing optimistic trends for: Huntington Bancshares Incorporated (NASDAQ:HBAN)

On Wednesday, September 9 the stock rating was initiated by BMO Capital Markets with "Market Perform". There was another key research note provided by Wedbush on Friday October 07, 2016. Huntington Bancshares Incorporated makes up approx 0.14% of Timber Hill's portfolio. Huntington Bancshares's payout ratio is now 39.44%. In looking at where the stock is trading on a technical level, the stock is trading +6.03% away from its 50 day moving average of $10.27.

Business

A look at the financial markets as election results roll in

Investors are increasingly anxious about the possibility of Trump adopting protectionist policies and backing out of global trade deals, which would be negative for some Japanese industries such as the auto sector, traders said. Finally, Trump's stated policies towards longstanding U.S. military alliances, and his view that more countries should have nuclear weapons , risks adding to geo-political uncertainty.

Business

Donald Trump's Presidency Might Buck Old Market Trend

The Dow climbed 218.19 points, or 1.2 percent, to 18,807.88. The Standard & Poor's 500 index gained 2 points, or 0.1 percent, to 2,165. The Dow and S&P 500 index are on a four-day winning streak. The stock added $7.08 to $52.78. The Nasdaq is heavily weighted toward technology names, which were among the weakest sectors of the day on Thursday, off about 2.2%.

Business

Analysts Advise About EarthLink Holdings Corp. (NASDAQ:ELNK)

Under the deal, EarthLink shareholders will receive 0.818 shares of Windstream common stock for each EarthLink share owned, representing a 13% premium to the average exchange ratio of 0.721x over the month ended November 3, 2016, the most recent unaffected trading day.

Business

Silver Wheaton Corp (NYSE:SLW) Updated Broker Price Targets

Integrated Investment Consultants LLC purchased a new stake in shares of Silver Wheaton Corp . during the second quarter valued at approximately $177,000. Whereas they predicted High and Low Earnings Estimate as $0.24 and $0.17 respectively. A number of equities analysts have issued reports on the company.

Business

History of PetroleoBrasileiro S.A. - Petrobras (NYSE:PBR) stock price after earnings

The combination of a 12.1% fall in the worldwide prices of oil and oil products between October 14 and now, and the reduction in the company's domestic market share has impacted the usage level of Petrobras' assets, especially its refineries, its inventory levels and also its flows of imports and exports.

Business

Volvo recalls thousands of vehicles due to

The recall covers certain S60, S90, V60, XC60 and XC90 vehicles from the 2016 and 2017 model years. The defect stems from faulty buckle studs within the seat belt. Along with that, the ones which are being sold will be given a review and change of parts after they are inspected on the Volvo dealer. Volvo produced the first three-point seat belt in the late '50s, making its patent openly available to other companies in the interest of public safety.

Business

Obama Criticizes FBI''s Handling of Clinton Email Probe

If the initial review of the newly discovered emails only found routine emails of no outcome as far as classified information or such, would Comey have publicly announced the investigation was being reopened? Ms. His decision to announce the finding upended the presidential campaign 11 days before the November 8 election and drew heavy criticism from Democrats.

Business

Watch List JPMorgan Chase & Co. (NYSE:JPM), Concordia International Corp (NASDAQ:CXRX)

A total of 28 equity analysts have released a research note on JPM. Taking a look into the performance of JPM stock, investor will come to know that the weekly performance for this stock is valued at 1.54%, resulting in a performance for the month at 2.03%.

Business

Average US 30-year mortgage rate rises to 3.57 percent

Half said rates will rise, while 40 percent said they will remain relatively unchanged. The 15-year fixed-rate mortgage averaged 2.88%, up from last week when it averaged 2.84%. Half of the panelists expect further increases in the next week, while 40 percent predict that mortgage rates will level off at this point. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.2 percent on a seasonally adjusted basis from one week earlier to its lowest level since ...

Business

Coming Up: President Obama To Deliver Remarks On Trump

Bush did with him. During the campaign, Trump hinted that he might not accept the result if he lost to Clinton. Trump campaign manager Kellyanne Conway also said Obama called Trump while he was speaking to his supporters in NY, and so Trump called him back after he left the stage.

Business

Terreno Realty Corp. (TRNO) Stock Rating Reaffirmed by FBR & Co

Howe & Rusling Inc. acquired a new position in CoreSite Realty Corp. during the second quarter valued at $114,000. Princeton Alpha Ltd Partnership holds 0.08% of its portfolio in Duke Realty Corp (NYSE:DRE) for 16,072 shares. The firm also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Investors of record on Tuesday, November 1st will be issued a $0.202 dividend.

Business

Traders Watch list: Melco Crown Entertainment Limited (NASDAQ:MPEL)

Finally, Goldman Sachs Group Inc. reissued a "neutral" rating on shares of Melco Crown Entertainment in a research note on Wednesday, October 5th. The Company has 527.60 million shares outstanding and 217.39 million shares were floated in market.

Business

Macy's sees happy holidays and shares boom

Strengthening trends in Macy's apparel businesses, coupled with initiatives related to Apple Inc (AAPL.O) watches, handbags from Michael Kors Holdings Ltd (KORS.N) and others, will help performance in the current quarter, he added. Macy's expects full-year 2016 comparable sales on an owned plus licensed basis to decrease in the range of 2.5 percent to 3.0 percent (compared with previous guidance of a decrease in the range of 3 percent to 4 percent), with comparable sales on an owned basis to ...

Business

Trump Presidency Spells Bad News For Net Neutrality

For instance, between 2000 when he was elected to the U.S. House of Representatives and 2012, when he became governor of Indiana, Vice President-elect Mike Pence's stance on numerous technology issues was aligned with much of the rest of the Republican Party: against net neutrality; against the Federal Communications Commission's now-defunct Fairness Doctrine mandating balanced coverage of matters of public interest; and for telecom immunity against repercussions for warrantless surveillance.

Business

Trump rally in stock markets still has legs

That coincided with calls for Trump in Pennsylvania and (just now) Wisconsin - two of the very last necessities for a path to victory for Clinton, who was heavily favored in national and electoral college forecasts as late as today. Though uncertainty remains over Trump's trade, immigration and geopolitical policies, investors appeared somewhat soothed by his victory speech, in which he praised Clinton and urged Americans to "come together as one united people" after a deeply divisive ...

Business

The Donald Trump Video Games the President Wouldn't Approve Of

We pay for your stories! During the campaign, the intensity of that was so high. "It's foolish for anyone now to stand up and try to pretend to know how [Trump] is going to govern", said Safaa Zarzour, superintendent of the Universal School, an Islamic school in Bridgeview, and chairman of the Council on American Islamic Relations in Chicago.

Business

FAA Declares Trump Tower Declared A No-Fly Zone

People can wave "Love trumps hate" signs or burn the American flag in protest outside Trump Tower, but don't even think about flying over what the Trump Organization calls "the most prestigious intersection in all of New York City". A similar no-fly zone has also been established around Mike Pence's home in Indiana. Military aircraft supporting the US Secret Service and emergency aircraft are exempt.

Business

Trump win boosts coal, hits renewable stocks

Legal experts expected the rule to be upheld by the D.C. federal circuit court, but a Trump win makes a legal victory for EPA less important. Regardless of the outcome in the U.S. After Trump's victory, coal company stocks surged. Even during the good times, the energy industry bemoaned environmental regulations that hindered further development.

Business

Florida Gov. Rick Scott congratulates Donald Trump on victory

Look forward to having a partner in the White House", Scott tweeted. They are in complete shock right now. " Rick Scott has been a promoter of Donald Trump since the beginning", he said. And repeal of the Affordable Care Act, which provides health insurance to 20 million Americans, including almost 1.6 million in Florida through the exchange, but which Scott asserted is raising health care costs too much.

Business

Photoshop maker Adobe to buy video ad firm TubeMogul for $540 million

As in incentive to get shareholders to approve the deal , Adobe is offering $14 per share, a price that TubeMogul's stock hasn't seen since April this year. Until the transaction closes, each company will continue to operate independently. Adobe said the acquisition would not have an impact on its adjusted earnings in the year ending December 2017.

Business

Cerner Corp. (CERN) Downgraded by Deutsche Bank AG

Leerink Swann also issued estimates for Cerner Corp.'s Q1 2017 earnings at $0.59 EPS, Q2 2017 earnings at $0.59 EPS, Q3 2017 earnings at $0.63 EPS, Q4 2017 earnings at $0.63 EPS, FY2017 earnings at $2.43 EPS and FY2018 earnings at $2.82 EPS.

Business

Asian markets, Dow futures tumble as United States election results roll in

For financial markets, Trump's victory is the latest manifestation of a backlash against globalization. But conciliatory comments from the president-elect helped global stock markets recover a large chunk of their earlier losses. Britain's FTSE 100 was down 1.2 percent. In addition to that, USA dollars has dropped by 4% against the Japanese Yen and 2% against the Euro. One asset was still feeling a hangover this morning from the night's drama: the Mexican peso.

Business

Valeant gets investigative subpoena over former ties with Philidor

This was released in an analyst report on Thursday morning. TD Securities restated a "buy" rating and issued a C$38.00 target price on shares of Valeant Pharmaceuticals Intl in a research note on Wednesday, August 10th. Over 12 months Valeant Pharmaceuticals's share price has decreased from 85.41 to 15.13, a change of -82.29%. Following the completion of the acquisition, the director now owns 20,726 shares of the company's stock, valued at $510,895.90.

Business

Notable Stock Analysts Ratings: ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD)

ACAD has been the topic of a number of other reports. Cowen and Company reaffirmed an outperform rating and issued a $42.00 target price on shares of Acadia Pharmaceuticals in a research report on Monday, October 17th. For the next quarter the company has anticipated average revenues of $5.48M, according to the sentiments of 2 analysts. During the same quarter past year, the company posted ($0.39) earnings per share.

Business

Worth Watching Stocks: Freeport-McMoRan Inc. (NYSE:FCX)

The Company on 25 October reported net income attributable to common stock of $217 million, $0.16 per share, for third-quarter 2016 and net losses attributable to common stock of $4.4 billion, $3.45 per share, for the first nine months of 2016, $3.8 billion, $3.58 per share, for third-quarter 2015 and $8.2 billion, $7.77 per share, for the first nine months of 2015.

Business

Passengers scream, jump from burning plane

The airline said it is aiming to get passengers to Toronto by 7 p.m. ET. Seven travelers and one flight attendant reported injuries and were taken to a hospital for evaluation, said Leslie Scott, an American spokeswoman. Videos of the scene have now emerged, which show passengers sliding down slides to the left of the plane before running in terror across the runway.

Business

Trump gains rattle world markets, as shares, dollar tumble

And Nariman Behravesh, chief economist at IHS Markit said that "after the initial shock, investors seem to feel that a Trump administration could be good news for United States businesses, with lower taxes and a reduced regulatory burden". "I pledge to every citizen of our land that I will be president for all of Americans, and this is so important to me", Trump told the crowd. The Mexican peso, taken as a proxy for Trump's strength because of his tough immigration stance, fell to the ...

Business

China moves to bar Hong Kong activists as fears grow over intervention

The National People's Congress in Beijing ruled that lawmakers must swear allegiance to Hong Kong as part of China and that candidates would be disqualified if they changed the wording of their oath of office or if they failed to take it in a honest and solemn manner.


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