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Amazon files patent for 'Laputa-like' floating warehouse design

The company would stock AFCs with some inventory and place them near locations where it expects high demand for certain items. Amazon.com, Inc. (NASDAQ:AMZN) hardly looks like it is finished revolutionizing how we shop every day; a patent for an " airborne fulfillment center " (AFC) with its own unmanned aerial vehicle (UAV) has been revealed by the e-commerce behemoth.

Business

Anadarko Petroleum Corporation (NYSE:APC) , Enbridge Energy, L.P. (NYSE:EEP)

Anadarko Petroleum Corporation was downgraded to "neutral" by analysts at Seaport Global Securities. This showed the surprise of -14.3% in the last quarter earnings. Stockholders of record on Wednesday, December 14th were issued a $0.05 dividend. Analyst recommendation for this stock stands at 1.90. The ex-dividend date of this dividend was Monday, December 12th.

Business

US Shale Producers To Gulp Saudi Market Share Of Oil

The 4.2 million barrel build in US crude oil stocks shown in the API data came as a surprise. NEW YORK: Crude oil prices edged up for a fourth consecutive session on Wednesday, close to their highest levels since mid-2015, ahead of US oil inventory figures and as the market awaits evidence of OPEC supply reductions in the new year.

Business

Southee eager for New Zealand improvement

The 33-year-old made his first ODI appearance for New Zealand since March 2010 on Boxing Day, notching 22 with the bat as his side defeated Bangladesh by 77 runs. "That kind of thing helps". Mortaza then bowled Colin Munro for just three runs. That was the difference between the two sides in the end as New Zealand registered their second victory in the series.

Business

Things to remember as you dispose of your Christmas Tree

Residents can also drop off clean natural Christmas Trees at Fire Hall #2 at 285 Dawson Ave from December 26 to January 31. Again - the city recommends leaving your discarded tree "in the alley directly behind your own property". In Prince George's County: Christmas trees will be collected along with other yard waste during the weekly curbside collection. "We put them in the water here until they basically disintegrate and it gets a full life cycle out of the tree", Adam Thompson, senior ...

Business

Dollar Drops to Weekly Low as Dip in Treasury Yields Adds Weight

The pan-European FTSEurofirst 300 index (.FTEU3) edged up 0.33 percent, while MSCI's gauge of stocks across the globe .MIWD00000PUS fell 0.44 percent. At noon, the dollar fetched 116.41-42 yen compared with 116.50-60 yen in NY and 116.36-37 yen in Tokyo at 5 p.m. Thursday. The dollar (.DXY) rose on continued bets that the Federal Reserve will have to raise rates next year to keep up with inflation and growth brought by a planned fiscal stimulus from the incoming Trump administration.

Business

Quick on the Draw: Investors Piling in on Oracle Corporation (NYSE:ORCL)

Oracle Corporation's short ratio is now at 3.03 and the float short is at 1.28%. Oracle Corp. The business's revenue for the quarter was up 1.9% on a year-over-year basis. (NYSE:ORCL) last released its earnings results on Thursday, December 15th. The shares ended last trade at $38.82, implying that Wall Street analysts see shares climbing about 13.34 per cent in 12 months' time.

Business

Queen Elizabeth Calls Jesus, Christian Faith Her 'Guiding Light' in Christmas Message

The Ambassador later tweeted that this was the first time he was a victim of fake news and that he would be much more careful from now on. "Circumstances are unknown. The magazine even said that the "Queen secretly" abdicated the "throne to Charles". A Buckingham Palace spokesman confirmed that the Queen and the Duke of Edinburgh were alive.

Business

German minister slams 'veggie meats'; calls them confusing and misleading

In October, he rallied for his cause from the perspective of vegetarians and vegans, stating that they also deserve clear labeling of meat-free products. Germans have a reputation for being meat-lovers, and the country boasts hundreds of varieties of sausage. His spokesperson stated that the minister was seeking "clarity and truth", adding that, transparency for consumers should be top priority when labeling products.

Business

Snow showers on the way

However, locally slick pavement may continue into the Friday morning commute in areas that are impacted by squalls this evening. Mostly cloudy, with a low around 10°. Small Chance for a rain shower. Clouds increase through the afternoon ahead of a weak Clipper that will bring scattered snow showers and flurries to western Mass overnight-as most are ringing in the New Year.

Business

WTI prices fall on surprise build in United States crude stocks

February contracts for worldwide benchmark Brent crude was also up 1.5 per cent, settling around US$55.90. We believe that USA shale companies are likely to keep producing more oil in the coming days at the expense of OPEC and sell the commodity at much higher prices to lower their debt burden.

Business

Advanced Micro Devices, Inc. (NASDAQ:AMD)'s Basic Consolidated EPS Came In At $

Gilder Gagnon Howe & Co. Nationwide Fund Advisors now owns 1,867,494 shares of the semiconductor manufacturer's stock valued at $12,904,000 after buying an additional 21,322 shares during the period. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States & global trademark and copyright law.

Business

World's highest bridge opens in Guizhou

Tall-bridge aficionados should be drawn to China - it also has the second- and third-highest bridges in the world, the Sidu River Bridge (1,627 feet high) and Puli Bridge (1,591 feet). The structure was created to resist strong winds and has overcome a number of technical challenges to span the steep gorge, the report said. The bridge is part of a highway that connects Hangzhou, capital of the eastern province of Zheihjiang, and Ruili in Yunnan.

Business

United Nations not living up to its potential

President-elect Donald Trump delivered some brief remarks to the press outside Mar-a-Lago today, including a critique of the United Nations. "We want everyone to come together and as one unit and make things happen". He told reporters that Israel is being treated "very, very unfairly", maintaining that countries that are "horrible places" never get reprimanded. "They used to have a great friend in the USA, but.

Business

Venezuela to cut daily crude output by 95000 barrels in OPEC accord

The closeness of the implementation of the agreement, which must begin on January 1st, stimulates the quotations of the prices of the fuel, several experts coincided. OPEC members agreed to a production freeze despite their internal differences because they are all hurt by depressed oil prices. Still, Petromatrix oil analyst Olivier Jakob remarks, "To go above $60 is going to be hard".

Business

Ronda Rousey Sticking With Edmund Tarverdyan is 'Her Decision,' Says Dana White

The narrative of the week is that Ronda Rousey is on a silent quest for redemption, fighting for her pride, for redemption and for her future as the face of women's mixed martial arts. "Obviously I'm very confident", Nunes told FOX Sports ahead of the event. "They want to do this to make her feel strong or something". People expect she will come back.

Business

Donald Trump Can't Stop Talking About the Election

Trump won here, and it would seem odd to force electors to cast their votes for his opponent. Now of course, black people age 18 or older can vote legally in all 50 states, but the powers that be don't make it easy. The compact so far has been enacted by the District of Columbia and 11 states. Candidates would have to focus on getting the most votes, wherever they could find them.

Business

Toshiba shares fall for third straight day

Toshiba shares closed almost 12 percent lower on Tuesday after media reports about the potential loss and dived more than 20 percent on Wednesday - the most they were allowed to fall that day. Toshiba Corp . (TOSYY) was hit with downgrades by two credit rating companies Wednesday after saying it would book greater-than-expected costs following the acquisition of a USA nuclear unit.

Business

Madrid begins vehicle bans for 1st time to fight pollution

Cars with odd registration numbers, vehicles with zero emissions level into the atmosphere, motorcycles and mopeds could enter the center. The restrictions, which apply between 6:30am and 9pm, are set to continue until pollution levels are sufficiently cut, with motorists who ignore the ban facing a fine of €90 (around £77).

Business

Jim Harbaugh doesn't want to talk about bikinis, but will discuss oranges

The Seminoles are coming into the game hot winning four straight games by an average of over 22 points a game.MI has lost two out of their last three, but by a combined four points. Will he be rusty from the extended time off? MI receiver Amara Darboh is the Wolverines top target. I'm not convinced he will be. But still, beating Florida State and playing on the national stage is a big step.

Business

Update on General Motors Company (NYSE:GM) for the day

AllSquare Wealth Management LLC now owns 4,600 shares of the auto manufacturer's stock worth $130,000 after buying an additional 650 shares in the last quarter. On average, analysts anticipate that General Motors Co. will post $6.01 EPS for the current year. This represents a $0.60 dividend on an annualized basis and a yield of 4.90%.

Business

Sensex Rises 155 Points On F&O Expiry; Nifty Above 8100 Level

Mumbai: The Sensex wiped off all its gains on Wednesday and fell marginally to end in the red at 26,211 as cautious investors took profit ahead of the monthly futures and options (F&O) contract expiry amid a mixed trend overseas. On the flip side, Adani Ports & Special Economic Zone down by 1.27%, Sun Pharma down by 1.21%, Infosys down by 1.02%, Larsen & Toubro down by 0.94% and GAIL India down by 0.25% were the top losers.

Business

Run-DMC Reportedly Suing Walmart & Amazon To The Tune of $50 Million

Amazon and Walmart (which also owns Jet) did not immediately respond to TheWrap's request for comment. The stores "are trading on the goodwill" of the band and confusing consumers by "advertising, manufacturing, selling and distributing multiple products" that erroneously imply the group endorsed the merchandise, according to the lawsuit filed Thursday in U.S.

Business

Free ride home offered for New Year's Eve revelers

It marks the first time in its 50-year history that the agency has offered free rides. "We look forward to inviting everyone on our buses and trains as we join with our partners, working to ensure all those who travel with us get to their festivities and homes safely", said Metro Transit General Manager Brian Lamb in a statement.

Business

Mortgage Rates Today, Thursday, Dec. 29: Declines Ahead Of Year End

It's a sharp increase from a 30-year rate that averaged 3.65 percent for all of 2016, the lowest level recorded from records going back to 1971. Shorter term, popular 15 year fixed rate mortgage interest rates are on the books at 3.625% yielding an April of 3.686% today.

Business

European Equity Benchmarks Close Mixed as FTSE Hits Record High Again

The all time record of 7129 was achieved in mid-session trading on 11 October. Sterling's post-referendum slump has boosted multinationals listed in London, as many receive earnings in currencies that have strengthened against the pound. British Airways owner International Consolidated Airlines Group (IAG) was down 12.6p to 444.6p, f ollowed close behind by low-priced rival easyJet, off 21p to 1,014p.

Business

Stocks Close Lower As Small Caps Lead Decline; Amazon Pares Gain

While the three indexes rebounded somewhat by market close, the Dow closed 0.07 percent lower than its opening value, the S&P closed 0.03 percent lower than its market open and the Nasdaq Composite fell 0.12 percent over the course of the day.

Business

Trump Emerges From Holiday Hiding To Take Credit For Obama's Strong Economy

Taking direct aim at the president, tweeting , "Doing my best to disregard the many inflammatory president O statements and roadblocks . Thought it was going to be a smooth transition-NOT!" Trump had not only criticized his predecessor in public but had insinuated that the Obama administration had actively tried to make the presidential transition hard.

Business

Debbie Reynolds, mom of Carrie Fisher, dead at age 84

Fisher was 60. Fisher reported that following Carrie's death, his mother said she missed her daughter and wanted to "see her again". Veteran stage and film actress Debbie Reynolds received her second star on the Hollywood Walk of Fame in January 1997.

Business

Galena Rises on FDA Approval

When we look at the Volatility of the company, Week Volatility is at 17.43% whereas Month Volatility is at 13.20%. Biogen Inc. (NASDAQ:BIIB) showed bearish move with loss of -0.64% after exchanging volume of 126 shares in last trading session ended on 12/28/2016.

Business

Things You Need to Know About Dow 20000

In the penultimate session of the 2016, volume was tracking slightly lower compared with the same time Wednesday. In 12.10pm trading in NY, the Dow Jones Industrial Average added 0.1 percent, while the Nasdaq Composite Index gained 0.5 percent.

Business

Minimum wage to increase in MI for new year

California's minimum wage will be going up starting January 1 with the wage being raised to $10.50 an hour. Past year the minimum wage got a hike of almost 30 percent to TL 1,300, in line with the ruling Justice and Development Party's (AK Party) campaign pledge ahead of the November 1 elections to raise the wage substantially.

Business

What are Analysts opinions on: The Kraft Heinz Company (NASDAQ:KHC)

The sales consensus among polled analysts prior to the last earnings announcement was $ 6,296.95M. Recently, KHC's stock has been recommended as BUY from 12 and 2 given OVERWEIGHT rating for the company. Following Earnings result, share price were DOWN 3 times out of last 5 Qtrs. Equities analysts expect that Kraft Heinz will post $3.24 EPS for the current fiscal year.

Business

Credit Suisse Reiterated Portola Pharmaceuticals (NASDAQ:PTLA) As 'Outperform'

Having a price of $23.86, Portola Pharmaceuticals Inc (NASDAQ:PTLA) traded -5.25% lower on the day. The Company got Downgrade by Citigroup on 19-Aug-16 from Buy to Neutral. The correct version of this story can be accessed at https://www.thecerbatgem.com/2016/12/28/portola-pharmaceuticals-inc-ptla-receives-overweight-rating-from-morgan-stanley.html.

Business

Year Capital Spending Growth of Nokia Corporation (NYSE:NOK) is reported at

The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.44 on scale of 1-5. Emerald Acquisition Ltd. Current stock price is in the upbeat territory taking into account of 20 days moving average with 0.36% and continued bullish run for 50 days moving average with 2.93%.


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