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United States Steel Corporation (NYSE:X) To Announce June 2016 Results

AK Steel Holding Corporation (NYSE:AKS) surged 0% yesterday to close its trading session at $9.52. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.18. On 19-Jan-17 Citigroup Downgrade AK Steel Holding Corporation Stock to Sell. In the last month the stock has moved in price -10.89%, with a one year change of 359.16%.

Business

Bob Evans sells restaurant business, adds to food operation; shares halted

The company said it estimates the cash proceeds from the sale will be between $475 million and $485 million and that the cash proceeds will be used to repay debt and the payment of a special dividend. Mohseni will assume the role of CEO of Bob Evans Restaurants following the transition, and the company's executive team will remain in place to oversee the transition and following the completion of the transaction.

Business

Yahoo! Inc earnings boost odds of Verizon Communications Inc deal

Since Yahoo's disclosure of the second breach, Verizon has reportedly been looking for a big discount if it chooses to go through with the deal at all. In her five years with the company, she has failed to turn it around. The company maintained that the deal with Verizon is very much in place, but due to some work that is related to meeting the closing conditions it got delayed .

Business

Be cautious, China urges US

RCEP will group Asean and six other countries with which it has existing regional FTAs, namely: Australia, China, India, Japan, New Zealand and South Korea. But while the China-bashing may appeal to Mr Trump's voting bloc, it's "unclear just how they [the Trump administration] would raise these tariffs they keep talking about", says Deborah Elms from the Asian Trade Centre.

Business

Massive Oil Spill Occurs Next to Aboriginal Reservation in Canada

The Economy Ministry's petroleum and natural gas division plans to investigate the cause of the spill and will oversee cleanup and pipeline repairs. Tundra Energy says they have several pipelines that run underground beneath the land and it's not yet clear which of them leaked, but they say they monitor the pipelines by air.

Business

Toyota adding 400 jobs, $600M at IN plant

Toyota spokesman Scott Vazin confirmed that the $600 million IN investment was already IN the works before Trump's victory IN November's election. The Associated Press reports that Toyota sold more than 191,000 Highlanders in the United States in 2016, which represents a 20 percent growth.

Business

Higher Price Target Forecasts: Hewlett Packard Enterprise Company's (HPE)

Hedge funds have recently bought and sold shares of the company. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California. Mizuho raised their price objective on shares of Hewlett Packard Enterprise from $20.00 to $22.00 and gave the stock a neutral rating in a report on Wednesday, November 23rd.

Business

No Brexit Without Parliament, Supreme Court Tells May

By a majority of eight to three, judges at the Supreme Court rejected the Government's argument that Mrs May could use prerogative powers to trigger the talks under Article 50 of the European Union treaties, but must first seek Parliament's approval.

Business

Stocks to Track AbbVie Inc (NYSE:ABBV), Blackstone Group LP (NYSE:BX)

Nisa Investment Advisors LLC now owns 631,940 shares of the company's stock worth $39,123,000 after buying an additional 100,674 shares during the period. During the same quarter past year, the firm earned $1.13 EPS. AbbVie Inc . (NYSE:ABBV) fell -0.37% to reach at the trading price of $61.15 as it is set to release its next quarterly earnings report on January 27, 2017.

Business

Rite Aid Corporation (NYSE:RAD) Fell -7.51%

S&P Capital IQ analyst Agnese pointed out that Rite Aid has struck agreement to divest 19 percent of its store base or 865 stores once the merger is completed with Walgreens. The company had Year Ago Sales of 8.27 Billion. The Company has 52-week high of $8.77 and 52-week low of $6.33. The difference between Actual EPS and Estimated EPS was -0.03 Percent.

Business

Spokane County jobless rate jumps to 6.3 percent

Contra Cost County reported unemployment of 4 percent while Napa County's unemployment rate was 4.4 percent. The highest unemployment rate in the state, in Monroe County, was 9.6 percent. Weld County's unemployment rate of 2.6 percent in December was unchanged from November and down from 2.8 percent in December a year ago. The report is based on a monthly survey of households.

Business

Verizon Q4 EPS Misses Street View, Shares Fall

Yahoo added that it "is working expeditiously to close the transaction as soon as practicable in Q2". USA law requires companies that fall victim to such hacks disclose them as soon as they are deemed to affect stock prices. While the Verizon deal is still on, it has been delayed . For the October-December period, Verizon reported adjusted earnings of $86 per share, down from the 89 cents per share in the same period a year ago.

Business

Snow on the way Monday

Blowing and Drifting Snow: Most areas will receive some drifting snow late Monday through Tuesday. "It may be kind of back-and-forth thing, " a KMTV meteorologist, Ryan McPike, said about the Omaha area's precipitation combo. Another half-inch of snow is possible. A Winter Storm Warning goes into effect at noon Tuesday for counties in northern Iowa and lasts through 6 PM Wednesday.

Business

Most Active Stock: Morgan Stanley (NYSE:MS)

The company rocked its 52-Week High of $44.6 on Jan 13, 2017 and touched its 52-Week Low of $21.16 on Feb 11, 2016. The shares were sold at an average price of $42.14, for a total value of $740,062.68. The financial services provider reported $0.80 EPS for the quarter, beating the Zacks' consensus estimate of $0.63 by $0.17. The Return on Equity (ROE) value stands at 0%.

Business

Turkish lira tumbles after central bank stands pat

The gap narrowed to one percentage point in September - the narrowest since it began using a three-gauge policy in 2010 - and while it widened again when the central bank raised rates for the first time in nearly three years in November, Governor Murat Cetinkaya said only two weeks later that the bank's aim hadn't changed.

Business

Consumers group responds to Collins-Cassidy ACA replacement

That's one reason an early analysis from the Center on Budget and Policy Priorities , based on a summary of the bill posted online before the full legislative language, warned that the bill "could leave many millions who now rely on ACA health coverage, especially those with low incomes and pre-existing health conditions, uninsured or going without needed care".

Business

Basic Materials Worth Chasing: Steel Dynamics, Inc. (STLD), Chesapeake Energy Corporation (CHK)

The Company Touched its 52-Week High on Dec 12, 2016 and 52-Week Low on Feb 8, 2016. The consensus recommendation, according to Zacks Investment research, is 3. The stock's market capitalization is $5.38 billion. While for the next 5 years, the growth estimate is 5%. Based on the finance research report, Mizuho initiated coverage on Chesapeake Energy Corporation (NYSE:CHK).

Business

Aetna, Humana to consider all options after court blocks merger

Peltz for the Los Angeles Times . The decision is a victory for former President Obama's Justice Department, which sued Aetna a year ago to block the $34 billion merger, NPR's Yuki Noguchi reported . Shares of Hartford, Connecticut-based Aetna Inc. fell about 3 per cent, or $3.33, to $119.20 Monday, while broader indexes slipped less than 1 per cent.

Business

Walmart Will Start Selling Cars Soon

The retail giant is partnering with dealerships to sell cars in Houston, Dallas, Phoenix and Oklahoma City. Shoppers will be able to select, finance, and insure a vehicle by logging on to the company's website or using a touch-screen kiosk.

Business

Dollar slips, shares unstable after Trump's protectionist address

Having ended last week on a downbeat note, sterling climbed as high as $1.2470, the highest level since mid-December, before retreating slightly over the course of the session. "The US dollar has had a slightly more hard time of things in recent days, perhaps reflecting the rising uncertainty on the effects a Trump presidency will have on the US economy, declining for the fourth week in succession, despite speculation of more US rate rises being on the way".

Business

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 ...


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