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Lufkin Kmart among the stores Sears plans to close

Sears Holdings Inc. announced Wednesday the closings of 26 unprofitable stores in the USA including the Bristol Mall location in Bristol, Virginia and its retail store in the Kingsport Town Center in Tennessee. The Chillicothe Sears store is among the next round of closures for a company that has steadily shuttered retail operations in recent years. "Customers can use the store locator function on our websites to find the location of their nearest Kmart and Sears stores", the press release ...

Business

FCF Score Check on Shares of Delta Air Lines, Inc. (NYSE:DAL)

Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. Many research firms have provided their ratings on Delta Air Lines, Inc. (NYSE:DAL) current has a mean recommendation of 1.64. Restoration Hardware Holdings, Inc.'s (RH) made a return of -14.84% in one month through last close, displaying a -11.22% return during the past three months.

Business

Gama, BBA Aviation Merge U.S. Air Charter Fleets

With the addition of more than 90 aircrafts to Gama Aviation's current U.S. managed fleet, the combined business will have more than 200 aircrafts under management. The TP would suggest a potential upside of 26.98% from Gama Aviation Plc (LON:GMAA)'s last stock price. Its Aftermarket Services businesses (Dallas Airmotive, H+S Aviation, International Turbine Service, Barrett Turbine Engine Company, International Governor Services and Ontic) are focused on the fix and overhaul of jet engines and ...

Business

Fed Officials in Minutes Cite 'Considerable Uncertainty' About Trump's Impact on Economy

But a robust discussion about the potential economic impact from his election victory does. The federal funds rate is the formal name for the Fed's key interest rate, which governs commercial banks' overnight lending rates. In the year ahead, FOMC members expect the labor market to strengthen "somewhat further" over the medium term, though they anxious a "sizable" risk of undershooting the longer-run normal employment rate had increased and a swifter pace of rate hikes could be needed to ...

Business

Noticeable Runner: The Dow Chemical Company (NYSE:DOW)

The recent trading ended with the price almost -0.84 lower for the last 5 trading days, rebounding 39.17% from its 52-week low. Northwestern Mutual Investment Management Company LLC now owns 5,671 shares of the company's stock worth $385,000 after buying an additional 30 shares during the period.

Business

Range Resources Corporation (NYSE:RRC)

A number of other institutional investors have also recently bought and sold shares of SYRG . Finally, State Street Corp increased its position in Synergy Resources Corp by 79.0% in the second quarter. If you are reading this story on another website, it was stolen and republished in violation of US & worldwide copyright & trademark law. Tudor Pickering upgraded the stock to "Buy" rating in Friday, April 15 report.

Business

TVH increases offer for Lavendon shares; acquires further stake in Lavendon

TVH Group stated that Lavendon Shareholders wishing to receive a guaranteed exit from their investment rather than wait for a potentially prolonged period for an offer to complete can sell their shares immediately, for cash, to TVH for 261 pence per Lavendon Share.

Business

Apple invests $1 billion in world's biggest tech fund

SoftBank Chief executive Masayoshi Son has said he wants the fund to be at the forefront of creating new and emerging technologies. San Diego-based Qualcomm has moved toward finalizing its commitment in recent days, the people said. The Qatar Investment Authority, the wealth fund of another oil-rich nation, is also in discussions to invest, the people said. Although the investment amounts have not been disclosed, Business Insider reported that Apple was considering a US$1 billion ...

Business

The Ford Mustang Will Go Hybrid In 2020

Ford has announced plans to launch a range of hybrid vehicles by 2020, including an electrified Mustang and an all-electric small SUV. It'll arrive by 2020, promises a battery range of 300 miles and will be sold in North America, Europe and Asia.

Business

Active Stock Momentum: Halliburton Company (NYSE:HAL)

The oilfield services company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.08. The stock is now holding above its 50-day SMA of $52.67 and above its 200-day SMA of $46.63. The ex-dividend date of this dividend was Monday, December 5th. The company now has an average rating of "Buy" and an average target price of $51.51.

Business

Fat-cat pay excesses back in the spotlight

The Prime Minister has said she wants a country "that works not for the privileged view but that works for everyone of us". "This will help place more scrutiny on whether top pay is proportionate to the performance of the business and improve overall fairness in organisations, at a time when many pay packets are being squeezed", Willmott said.

Business

Cisco Systems, Inc. (NASDAQ:CSCO) Reviewed By Analysts

Stratos Wealth Partners LTD. increased its position in shares of Cisco Systems, Inc . For the Current Quarter, the growth estimate for Cisco Systems, Inc .is -1.8%, while for the Next Quarter the stock growth estimate is 1.8%. The company's Relative strength index is 54.09. The chart below illustrates the Cisco Inc.'s stock after the tech giant provider reported its financial earnings on November 16th.

Business

New music video on Saudi women's rights goes viral

The video has only been online for around 10 days, and yet it's already been viewed 2.5 million times: it's safe to say Hwages put out by Saudi male director Majed Al Esa is striking a chord. " Hwages " roughly translates to "concerns", and is based on an older folk song, which features lyrics such as "may all men sink into oblivion", according to The Washington Post .

Business

Today's Top Gainers: Realty Income Corporation (NYSE:O)

The consensus recommendation, according to Zacks Investment research, is 2.12. The stock's market capitalization is 2.65B, it has a 52-week low of 54.23 and a 52-week high of 91.91. Kimco Realty Corporation has a 1-year low of $24.35 and a 1-year high of $32.24. The stock traded between $24.76 and $25.36 before closing at the price of $25.16 with 1.53% change on the day.

Business

Walt Disney Company (The) (NYSE:DIS) Reviewed By Analysts

The Stock had a 2.48 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.48 and 2.52 respectively. The insider WOODFORD BRENT sold $22,554. The company reported the earnings of $1.1/Share in the last quarter where the estimated EPS by analysts was $1.16/share.

Business

Wayne Westner Cause of Death: How Did the Golfer Die?

The 55-year-old died from a gunshot to the head. Details are still fuzzy, but the South Coast Herald and sport24.co.za are reporting Wesnter is alleged to have held his wife hostage before committing suicide. He won 14 professional events, including two European Tour events, as well as the 1996 World Cup of Golf at Erinvale Golf Course in Somerset West, alongside Els.

Business

Tesla falls short of auto delivery goal for 2016

According to CNBC , Tesla delivered just 76, 230 vehicles a year ago. Tesla shares fell 2.2 percent to $212.21 as of 4:19 p.m.in NY. "Because of short-term production challenges starting at the end of October and lasting through early December from the transition to new Autopilot hardware, Q4 vehicle production was weighted more heavily toward the end of the quarter than we had originally planned", Tesla said.

Business

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Eps and Price target Analysis

The firm has "Mkt Perform" rating given on Tuesday, February 9 by FBR Capital. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.07. Twenty-First Century Fox, Inc. has a 52-week low of 22.65 and a 52-week high of 31.16. They now have a Dollars 28 price target on the stock. The dominant statistics will authorize the investment community to govern the size of Twenty-First Century Fox, Inc.

Business

Gas Prices Climbing Across the US

The motor and travel organization AAA reported the national average of a gallon of gas is $2.35, 35 cents more than it was a year ago and six cents higher than last week. In Syracuse, the average for one gallon of unleaded gas is $2.40, 11 cents cheaper than the national average, $2.51. Ann Arbor - $2.53/gallon, up 12.3 cents per gallon from last week's $2.41/gallon.

Business

Toronto Dominion Bank Has $13904000 Position in Wells Fargo & Company

The stock decreased in value by nearly -0.35% over the past week and grew 1.53% in the past month. Other large investors have also recently made changes to their positions in the company. Company net profit margin stands at 3.90% whereas its Gross Margin is 29.50%. These analysts have also projected a Low Estimate of $0.94/share and a High Estimate of $1.08/share.

Business

Investors Catching Stocks: J. C. Penney Company, Inc. (NYSE:JCP)

C. Penney Company, Inc. now shows a Weekly Performance of -2.92%, where Monthly Performance is -12.25%, Quarterly performance is -9.87%, 6 Months performance is -6.94% and yearly performance percentage is 24.77%. The Stock had a 2.53 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.53 and 2.47 respectively.

Business

Obama vs. Trump Poll: Who Would Win Election Between President And President-Elect?

Forty-six per cent of respondents are confident Trump can handle an worldwide crisis, 47 per cent believe he will use military force wisely, while 44 per cent think he can prevent major scandals in his administration, the poll shows. Released on Monday and gleamed from the responses of 1,028 respondents, the data reflects much of the polarization now gripping the nation. He will have less support than outgoing President Obama.

Business

Megyn Kelly Announces Departure From Fox News

And that after all is why I believe we're here: human connection. Megyn Kelly , the Fox News star whose 12-year stint has been marked by upheavals at her network and personal attacks on the campaign trail, is headed to NBC News. "The Murdoch family has been kind and good to me at every turn, and my colleagues are like a second family". She was bashed in 2013 when she responded to the suggestion of a diverse Santa Claus by saying: "For all you kids watching at home, Santa just is white".

Business

HDFC cuts interest rates on housing loans

One bps is 0.01 percentage point. Meanwhile, public sector lender Bank of India too announced reduction in benchmark lending rate by up to 0.9 percent. However, analysts are skeptical about the fillip to demand. The bank's revised overnight MCLR rate now stands at 8.45% as against previous rate of 9.25%.

Business

Feds fine credit reporting agencies $23M

The Consumer Financial Protection Bureau announced Tuesday that TransUnion and Equifax must pay fines totaling $5.5 million and return about $17.6 million to wronged consumers. In reality, consumers who signed up received a free trial of seven or 30 days, after which they were automatically enrolled in a subscription program.

Business

Connor Cook Expected To Start At QB For Raiders Vs. Texans

The quarterbacks are the storyline for the 1:35 p.m. kickoff, but not in the way either team would've liked. McGloin, who was originally questionable to return, made his case to reporters after the game and said he plans to be healthy enough to play next weekend.

Business

Cuomo announces plan for free in-state tuition

Oregon, Tennessee, Georgia, Michigan, and Louisiana have all done so in various forms, but not all of those programs have proven sustainable. "But to really prove his progressive bona fides, Cuomo must "lead his own state party into unified opposition to [President-elect Donald] Trump's toxic agenda", as Ilya Sheyman, executive director of MoveOn.org", told The Atlantic in December.

Business

May suffers Brexit blow as UK's European Union ambassador resigns

Critics accuse of him of being pro-EU, but European diplomatic sources defend him as a realist. "The Government will have to get its skates on to make sure there is a replacement in place so he or she can work with Sir Ivan in the transition", he told the BBC .

Business

British Airways cabin crew announce 48-hour strike

The strike action is being taken by so-called "mixed fleet" cabin crew, who joined British Airways since 2010. He added that the union remained hopeful that a negotiated settlement could be achieved. The airline said: "We are now focused on protecting our customers from this unnecessary and completely unjustified action". Mixed fleet Unite represents only 15 per cent of our cabin crew.

Business

Exxon Mobil Cashes Out Ex-CEO Tillerson Ahead of Confirmation Hearings

If Mr. Tillerson is confirmed, Exxon will transfer the equivalent value of two million unvested shares that he was set to receive at his previously expected retirement in March into a trust, according to the company. ExxonMobil says the accord was reached "in consultation with federal ethics regulators". As the nation's top diplomat, Tillerson would have a major impact on Exxon-Mobil's business.

Business

Macau Casino Revenues 3.3% Lower in 2016

Macau had a record $45.2 billion in gaming revenue in 2013, before the market's contraction began thanks to increased government oversight on the junket industry that extends credit to high rollers. MGM shares were up 0.14% to $28.87 in late morning trading Tuesday. Casino revenues fell 3.3 per cent to 223.2 billion patacas past year, easing from the 34.3 per cent drop recorded in 2015.

Business

Russia's oil production up from 2015

Non-OPEC country Oman is expected to reduce its oil output by 5% from March. Low crude oil prices during 2015 and early months of 2016 had kept inflation under check thereby helping the government to trim CAD. Oil market turbulence caused oil prices to plunge from $115 per barrel in June 2014 to less than $30 per barrel in January 2016, causing hardship for oil exporters.

Business

GM counters Trump's Twitter claim about Chevy Cruze being made in Mexico

While cancelling the plant in San Luis Potosi city, the U.S. vehicle maker said it would spend $700 million to improve the Flat Rock Assembly Plant in MI. He said that Ford's decision was influenced by the expectation, based on statements by the president-elect, that under Trump conditions for doing business in the us will be favorable.

Business

The JP Morgan Chase & Co (JPM) Price Target Cut to $67.00

The company's 5 year Earnings per share growth and Capital Spending growth remains at 8.65 and 0. Finally, Lourd Capital LLC increased its position in J P Morgan Chase & Co by 15.0% in the second quarter. Compass Point started coverage on J P Morgan Chase & Co in a research report on Tuesday, October 11th. J P Morgan Chase & Co has a consensus rating of "Hold" and an average price target of $73.62.

Business

Peso Takes Hit After Ford Cancels Plant

Ford also announced it plans to invest about $700 million in a MI factory that will build high-tech autonomous and electric vehicles. The company also revealed it has canceled plans to build a $1.6 billion plant in Mexico. The cars are among 13 new global electrified vehicles to be introduced in the next five years, including an F-150 Hybrid, Mustang Hybrid and Transit Custom plug-in hybrid, the company said Tuesday.


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