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Dixons Carphone beats City forecasts on flat-screen TV sales

Demand for fitness bands, camcorders and large screen TVs saw consumer electronics chain Dixons Carphone beat trading forecasts over the key Christmas quarter. George Salmon, analyst at Hargreaves Lansdown, said that while the company "enjoys a key advantage in being the last remaining retailer of any scale that customers can visit to buy those must-have electronics, sterling's weakness makes it increasingly hard to sell its imported items at knock-down prices and stay competitive with the ...

Business

Northern Dynasty CEO says Pebble project has Trump backing

In general, it's good practice to invest in companies with positive characteristics, such as competitive advantages, great management and market leadership, though a diligent investor should also understand certain financial characteristics, such as earnings, return on equity (ROE) and their relative value compared to other companies.

Business

Vodafone Red Post-Paid Plans Offer Unlimited Calling, 3 Times 4G Data

Vodafone Red Postpaid Plans: It can be witnessed that sensational news by Reliance Chairman about the Jio SIM, it can be seen a huge revolution in the Telecom Industry. The telco is also expected to re-launch its 14-day "truly unlimited" 3G plan at Rs 498. However there is huge setback: unlimited calling to networks outside BSNL is capped just half an hour per day "as fair usage policy" , while calls within BSNL network do not have any such caps.

Business

HSBC to close 62 more branches this year

The high street bank said the closures would bring its total number of United Kingdom branches to 625 - following a rise in the number of customers using online banking. The bank's chief executive Antonio Simoes said the announcement marks the end of HSBC's branch restructuring programme. "We now feel we have the right branch network that complements the other ways in which customers now choose to interact with us", he added.

Business

Schlumberger NV (SLB) Shares Sold by Tower Bridge Advisors

Stock monthly performance is recorded as 1.61% while its performance in last 5 sessions is 1.36%. SunTrust Banks Inc. started coverage on shares of Schlumberger NV in a report on Wednesday, January 18th. The Hedge Fund company now holds 1,031 shares of SLB which is valued at $88,315. Didier Primat is one of the biggest insider owners in Schlumberger Limited (NYSE:SLB), according to U.S.

Business

Taking a Fresh Look at Huntington Bancshares Incorporated (HBAN)

The company has a market cap of $14,167 million and there are 1,084,782,730 shares in outstanding. The stock had a trading capacity of 2.94M shares. A number of research firms have issued reports on HBAN. Checchi Capital Advisers LLC boosted its stake in Huntington Bancshares by 14.6% in the third quarter. Also, the company raised its prime lending rate to 3.75%, following Fed interest rate hike to 0.50%-0.75%.

Business

Xiaomi Sells 250000 Units of Redmi Note 4 Within 10 Minutes

Redmi Note 4 was launched last week at an event in New Delhi and if its sale number on the first day are something to go by, the company might already be on its way to breaking previous year's record set by Note 4's predecessor. This love motivates us to work harder to make more quantities available for our Mi Fans and build a lovely Redmi Note 4 story in India. "We are excited as we take the first step in 2017 and look forward to achieving many more milestones this year." said Manu Jain, ...

Business

UberEATS Food Delivery Service to Launch Soon in India

Cab aggregator Uber is set to launch its on-demand food delivery app, UberEATS, in India. To help everyone discover great food through the ideal pairing of unbelievable restaurant partners, UberEATS is reaching out to everyone in India to sign up as restaurants, delivery partners or just putting out your favourite restaurant! And, in UberEATS biggest push yet, the company has announced that the food delivery system will soon be making its way to India.

Business

'SNL' stages a hilarious musical tribute to Trump adviser Kellyanne Conway

No, no, no. Check your "alternative facts". You guessed it! A petition calling for the immediate release of Trump's "full tax returns with all information needed to verify emoluments clause compliance" has far exceeded its goal of 100,000 signatures.

Business

Kellyanne Conway's Patriotic Inauguration Outfit Has Me All Hot and Bothered

Brace for it parents of America, alternative facts will be given when you catch your kids doing whatever. President Trump's casual disregard for the truth during the campaign and the transition has earned him the distrust of most Americans.

Business

BT takes £530m charge over 'improper practices' in Italy

BT also said that, owing to "pressures in the United Kingdom public sector and worldwide corporate markets", it now expects flat revenue underlying revenue growth in the 2016/2017 fiscal year and adjusted EBIDTA of around £7.6 billion from a previous guidance of £7.9 billion.

Business

Japan flash manufacturing PMI rises to 52.8 in January

The Markit Eurozone flash manufacturing PMI reading for January increased to 55.1 from 54.9 the previous month. "Some indices are showing some particularly encouraging signs". "Firms' expectations about the year ahead are running at the highest for at least four-and-a-half years, highlighting how political risk continues to be widely eschewed, with companies focusing instead on expanding their sales in the coming year", Williamson added.

Business

Weather Causes Service Delays for Amtrak, NJ Transit, SEPTA

Northeast Corridor trains were suspended between New York Penn Station and Trenton, while North Jersey Coast Line trains were suspended between Penn and Long Branch because of the problem in Linden, NJ Transit officials said. A hard-charging Nor'easter is causing train chaos for commuters on Monday, as downed power lines caused both NJ Transit and Amtrak to suspend some of their trains out of Penn Station.

Business

USA pulls out of Trans-Pacific Partnership

Or should we stick to the TPP benefit from it instead? President Donald Trump signed an executive order this morning to pull the USA out of the pending Pacific trade deal, an agreement that had drawn opposition from both of Pennsylvania's US senators.

Business

Marathon Oil Corporation (NYSE:MRO), Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Occidental Petroleum Corporation was downgraded to " by analysts at BMO Capital Markets. Stock market analysts and brokers have recently amended their target prices on shares of Occidental Petroleum Corporation (NYSE:OXY). It has three segments: Refining & Marketing, which refines crude oil and other feedstocks at its seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products; Speedway, which ...

Business

UAE's Emirates Airline to launch new route to U.S.

However, it wasn't until recently, when Emirates had had a chance to see that the route made good business sense, that the airline proceeded with the scheduling of this flight, making Athens the intermediary stop in the service linking Dubai with Newark Airport, just 15 miles (24 km) southwest of Midtown Manhattan.

Business

Fifth delay for Mitsubishi Regional Jet

The original plan when the programme started in 2008 was for the first customer delivery to begin in 2013. The decision to move back the first customer delivery to mid-2020 from the middle of next year comes after local media reports said the plane needed more design changes to ensure it was safe.

Business

Trump executive order pulls U.S. out of TPP trade deal

According to NBC , Trump plans on having individual negotiations with the countries involved, instead of joining the far-reaching agreement, which covered a vast number of areas including intellectual property, labor, and telecommunications.

Business

AOA response to United Kingdom new Industrial Strategy: Aviation a catalyst for growth

It is also part of her attempt to show that she is different from her predecessors in government. "Above all, the greatest support the government could provide United Kingdom jobs and business is to commit to access to the single market and the customs union", he said .

Business

CBI arrests IDBI ex-CMD for Rs 900cr loan to Kingfisher Airlines

Raghunath, Shailesh Borkar, Amit and A.C. Shah", the official said. Besides former IDBI Bank chairman Yogesh Aggarwal, the arrested bank officials are B.K. The airline had taken Rs 6,900 crore from the consortium of lenders in early 2010 after its loans had been restructured for a second time. The political confrontation post-demonetisation has, in any case, seen BJP releasing details of loans sanctioned by public sector banks under UPA to Mallya and other big industrial houses.

Business

Trump Claims 31 Million People Watched His Inauguration

That was way more than the 20.6 million who tuned in for Obama's second inaugural in 2013. Donald Trump's interest in his ratings and crowd sizes is well-documented. Trump's Press Secretary Sean Spicer, meanwhile, has drawn widespread mockery online for an angry press conference where he made similar claims. Trump significantly trailed behind others in household ratings, the percentage of households tuning in, according to Variety.

Business

Trump Just Told Business Leaders He's Cutting Corporate Taxes and Regulations 'Massively'

He offered incentives, massive cuts in corporate tax and regulation, as well as a warning of massive border taxes for those who move jobs overseas. Trump sees both tax cuts and regulatory relief as way to make doing business in the United States more attractive.

Business

Longer Investments Cuts Position in Emerson Electric Co. (EMR) by $2191078

Alongside this, the company also reported 4Q earnings per share (EPS) at $0.46 in-line with the consensus estimates. Perhaps, that suggests something about why 0.99% of the outstanding share supply is held by institutional investors. The Hedge Fund company now holds 43,572 shares of EMR which is valued at $2,453,539. The stock has a 50 day moving average price of $56.66 and a 200-day moving average price of $53.93.

Business

So this is why Samsung Galaxy Note 7 was exploding!

As the Galaxy Note 7 literally went up in flames, $ 5 billion was not the only damage that Samsung has had to contest. Following the incident, the company announced the recall of almost 2.5 million devices. The battery suppliers were not named. "We are not releasing the names of our battery manufacturers as Samsung is responsible for the Galaxy Note7 device", a Samsung Electronics spokesperson told Business Insider.

Business

Dippin' Dots Responds To Sean Spicer With An Ice-Cold Burn

Sean Spicer told at least five untruths in five minutes , by Politico. In one of the earlier tweets waging war against the ice cream brand in 2010, he takes issue with their slogan. Spicer has yet to reignite his Dippin Dots dispute from the podium of the White House. And Trump's press secretary killed it, by The Chicago Tribune.

Business

Michelle Obama side-eyeing Melania Trump is Inauguration Day's best meme

Over the past eight years, the First Lady has had her fair share of the spotlight. As we reported, on Friday, Donald Trump was sworn in as the 45th United States President during his inauguration in D.C. "Send us your ideas, your hopes, your beliefs about what we can achieve together", Michelle Obama says in the video. The Obamas with the Trumps outside the White House just before the inauguration.

Business

2017 income tax filing season starts

Think about that if you know you owe money this year. Will you be filing one of those returns? Tax season is also the prime identity theft period. Taxpayers get a few extra days, until Tuesday, April 18, to file their 2016 tax returns, because April 15 falls on a Saturday, and April 17 is Emancipation Day, a holiday that is observed in Washington, D.C.

Business

Federal judge blocks Aetna-Humana health insurance megamerger

The ruling to block the merger does not come as a major surprise. The judge also ruled that neither new health insurance competitors nor divestitures the companies proposed to address anti-trust concerns would replace competition eliminated under the merger.

Business

Sydney housing world's 2nd-most expensive

Media reports often describe Demographia's research as a survey of the world's cities, but it covers metropolitan areas in only nine countries. High prices in major urban centres are causing prospective homebuyers to look beyond the Toronto and Vancouver markets in search of cheaper housing.

Business

Georgia Governor Declares State Of Emergency, As Severe Weather Turns Deadly

Calls for comment on Sunday from the Georgia Emergency Management Agency were not immediately returned. "These storms have devastated communities and homes in South Central Georgia , and the state is making all resources available to the impacted areas", Deal said.

Business

Sensex Rises 82 Points; Nifty Ends Below 8400

The 30-share index was trading higher by 133.63 points, or 0.49 percent, at 27,369.29, with metal, auto and banking leading the recovery by rising up to 1.21 percent. The Futures and Options (F&O) expiry for the month of January has been preponed to Wednesday due to the Republic Day holiday on Thursday. On the other hand, the S&P BSE capital goods index slipped by 80.51 points, the healthcare index fell by 77.29 points and the telecom index inched down by 2.26 points.

Business

Bank of North Carolina acquired by Tennessee bank

Nashville's largest homegrown banking company has agreed to acquire a North Carolina bank holding company and expand its presence outside of Tennessee. Depending on the twenty-day trailing average of Pinnacle as of January 20, 2017, the acquisition is valued at around $1.9 billion or $35.70 per share.

Business

(NYSE:JPM) Achieve EPS Of $1.97?

Vigilant Capital Management LLC now owns 2,079 shares of the financial services provider's stock valued at $129,000 after buying an additional 376 shares in the last quarter. COPYRIGHT VIOLATION NOTICE: "Denali Advisors LLC Sells 90,189 Shares of JPMorgan Chase & Co. (JPM)" was originally reported by Community Financial News and is the property of of Community Financial News.

Business

Tulsa has lowest gasoline prices in nation

During these streaks, average prices have dropped 6 cents in Florida . Motorists on Monday were still paying 51 cents per gallon for regular unleaded than they were at this time in 2016, according to AAA's fuel tracker . Retail gas prices in northern New England are on their way down. The crude oil market opened Friday with solid gains ahead of a meeting on January 22 with OPEC and non-OPEC members.

Business

Only 10% of Men Get the HPV Vaccine

Cervical cancer mortality statistics from 2002 to 2012 included women who didn't have a cervix, skewing the results considerably. Most human papillomavirus infections cause no symptoms and most disappear without treatment. The men also showed an unexpected pattern of infection. The highest infection prevalence was found with younger women. But for men, incidence increased with age.


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