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Business

GoPro begins selling its Karma drone again after a simple battery fix

The GoPro Karma drone will once again take flight. GoPro called back 2,500 units that were sold. The GoPro Karma differentiates itself from the wide variety of drones on the market by having a removable stabilizer gimbal, which you can attach to the the included Karma Grip handle.

Business

U.S. calls for United Nations meeting over Iran's missile test

Mr Flynn also pointed to a recent attack against a Saudi warship by Iranian-backed Houthi militants as evidence of "Iran's destabilising behaviour across the Middle East". UN Security Council Resolution 2231 , which includes terms of the nuclear accord, was adopted in July 2015. That sounds extreme, but we are in uncharted waters here, especially with President Donald Trump at the helm, Flynn acting as XO, and no secretary of State in place.

Business

Facebook Earns $3.56 Billion In 4th Quarter, Beating Estimates

The social giant reported profits of $1.41 per share on revenue of $8.81 billion. Revenue increased 51% to $8.81 billion, as monthly active users hit 1.86 billion, with 1.23 billion daily active users. Facebook is also working on an app for television set-top boxes, including Apple TV, which would give them another way to rake in more ad dollars, The Wall Street Journal reported on Tuesday , citing people familiar with the matter.

Business

Markets cheer Union Budget

The key indices, which opened on a flat note, traded in the red, as heavy selling pressure was witnessed in stocks of automobile, IT and Teck (technology, media and entertainment). It was a lacklustre trade at other Asian markets, with most being closed for a public holiday. The Indian rupee strengthened by eight paise to 67.87 against a U.S.

Business

Analysts Are Circling Intel Corporation (NASDAQ:INTC): What is the Consensus' Take?

Hedge funds and other institutional investors have recently bought and sold shares of the company. LLC raised its position in shares of Intel Corporation by 52.0% in the second quarter. "Underperform" verdict was provided by 2 analysts and "Overweight" verdict was shared by 15 analysts. Intel Corporation had a net margin of 17.90% and a return on equity of 21.05%.

Business

Under Armour, Inc. (NYSE:UA), The Coca-Cola Company (NYSE:KO)

The share price of Coca-Cola Company (The) (NYSE:KO) was unchanged +0.00% during the last trading session, with a day high of 0.00. The weekly performance is -0.35% for Coca-Cola European Partners Plc, while the monthly performance measure stands at 7.94%.

Business

New Zealand unemployment jumped last quarter as more Kiwis looked for work

Despite the uptick in the labour force participation rate, the currency markets did not take kindly to the rise in the unemployment rate. The New Zealand government bonds gained at the time of closing Wednesday as the country's rate of unemployment unexpectedly rose during the fourth quarter of 2016.

Business

Aadhar Pay for those who are without debit cards: Budget 2017

The government in January updated the BHIM app by integrating it with the Aadhaar. Secondly, BHIM doesn't show the account holder's name (to prevent people from misusing the app to surface Aadhaar numbers), so double-check the number carefully before sending money.

Business

Research Report for: Cara Therapeutics Inc. (NASDAQ:CARA)

It has ranged in price between $13.55-$14.6 after having started the session at $14 as compared to the previous trading day's close of $13.88. CAM Group Holding A S now owns 268,000 shares of the biopharmaceutical company's stock worth $1,289,000 after buying an additional 6,000 shares in the last quarter.

Business

US Federal Reserve upbeat on economy as interest rates held

In this context, there was no evidence that the Fed was more concerned over the inflation outlook and no suggestion that a faster pace of rate increases was being considered. In the wake of the 2008 financial crisis, the Federal Reserve (as well as foreign central banks) began to stabilize the economy by using a number of monetary policy tools.

Business

Why Cognizant Technology Solutions Corp (NASDAQ:CTSH) have been downgraded?

Finally, Alps Advisors Inc. boosted its stake in shares of Cognizant Technology Solutions Corporation by 26.3% in the second quarter. First Mercantile Trust Co. 11/22/2016 - Cognizant Technology Solutions Corporation was upgraded to "buy" by analysts at Bank of America Merrill Lynch. Cognizant Technology Solutions Corporation had a return on equity of 19.42% and a net margin of 11.78%.

Business

Analyst's Predictions on JPMorgan Chase & Co. (JPM), Regions Financial Corporation (RF)

Previously on 1/24/2017, Vetr Inc. reported on JPMorgan Chase & Co. (NYSE:JPM) is $88.93 while their mean recommendation is 2.40 (1=Buy, 5=sell). NY based J P Morgan Chase & Co Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on April 13, 2017.

Business

DHT Holdings, Inc. (NYSE:DHT)

During the same period in the prior year, the firm earned $0.27 EPS. The topline results for the fourth quarter decreased 16% to $ 67.00 million from $ 80.00 million in the same quarter past year. The price to book ratio of the company for the most recent quarter is 0.64. The 52-week high of the share price is $6.48 and the company has a market cap of $438 million.

Business

Trump's voter fraud 'expert' registered to vote in three states

Gregg Phillips , whose unsubstantiated claim that the election was marred by 3 million illegal votes was tweeted by the president, was listed on the rolls in Alabama, Texas and MS, according to voting records and election officials in those states.

Business

Analysts' Recommendations Stocks to Watch: Symantec Corporation (NASDAQ:SYMC) & Accenture Plc (NYSE

The highest analyst price target is $33.00, which implies a rally of 80 percent. While looking at the Stock's Performance, Symantec Corporation now shows a Weekly Performance of 2.63%, where Monthly Performance is 12.27%, Quarterly performance is 9.61%, 6 Months performance is 34.6% and yearly performance percentage is 77.44%.

Business

Mastercard Incorporated (NYSE:MA) current consensus investment analysts is to Outperform

The company reported $0.86 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.85 by $0.01. MasterCard, which processes more than 65,000 transactions a minute, said gross dollar volumes rose 9 percent to $1.2 trillion in the quarter on a local currency basis.

Business

Frontier announces 3 new nonstop CVG flights

Frontier Vice President of Marketing Tyri Squyres says the airline could expand even further. "The growth of Frontier at CVG over the last three and a half years has been incredible", said Candace McGraw, chief executive officer at CVG. According to airport officials, San Diego is now the largest unserved market from Cleveland, with just under 100 passengers a day traveling between Hopkins and San Diego International Airport.

Business

Barclays Just Issued "Equal Weight" Rating on Seagate Technology PLC (STX)

Several other institutional investors also recently modified their holdings of STX. Mizuho lifted their price objective on Seagate Technology PLC from $34.00 to $40.00 and gave the stock a neutral rating in a research report on Wednesday, January 25th.

Business

Oil prices down amid rising US supplies

U.S. West Texas Intermediate crude futures were at $53.20 a barrel, up 0.7 percent on the day, or 38 cents, while Brent crude gained 0.9 percent to $56.05 a barrel, up 47 cents. Oil prices steadied on Tuesday as rising United States drilling activity helped undermine efforts by OPEC and other producers to cut output to try to prop up the market.

Business

US Private Sector Employment Increases More Than Expected In January

Economists had expected an increase of about 168,000 jobs compared to the addition of 153,000 jobs originally reported for the previous month. The ADP figures come ahead of the U.S. Large businesses of 500-plus employees gained 83,000 jobs, while small businesses of fewer than 50 employees added 62,000 workers. Construction gained 25,000 jobs, while manufacturing added 15,000.

Business

National bacon reserves are at 50-year low — CONSUMER ALERT

The low reserve levels are prompting a price increase, Fortune magazine says . Due to the shortage of the fatty breakfast delicacy, bacon eaters might see another rise in pork belly prices. 'Yet our reserves are still depleting'. There is very little danger, he says, of America becoming a bacon-free wasteland. To keep consumers abreast of the issue, the council has set up the page BaconShortage.com , which reassures visitors "the pork industry will not run out of supply".

Business

Profits jump 25 percent at Germany's Siemens

Orders, meanwhile declined in the first quarter. "We will continue to rigorously execute our strategy programme", said Chief Executive and former finance chief Joe Kaeser, under whose stewardship Siemens' past execution blunders and related large one-off charges have largely disappeared.

Business

Worthwhile Stocks: Fitbit Inc. (NYSE:FIT), Endo International plc (NASDAQ:ENDP)

LS Investment Advisors LLC increased its stake in shares of Endo International PLC by 152.3% in the second quarter. Some buy side analysts are also providing their Analysis on Endo International plc , where 3 analysts have rated the stock as Strong buy, 7 analysts have given a Buy signal, 12 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell.

Business

White House freezes out CNN

The MSNBC personality said he didn't think anybody anticipated the backlash that Trump's executive order created but it's something that the White House "better learn quickly". The result was widespread confusion across the country on Saturday as airports struggled to adjust to the new directives. "Scarborough said Washington is in an "uproar" this morning because Miller decided "he was going to do this without going through the regular agency process".

Business

One Stock Analysts Are Watching - Host Hotels & Resorts, Inc. (NYSE:HST)

For the next 5 years, the company is expected to grow by 1.94 percent. The counter witnessed a trading volume of 16.84 million shares versus an average volume of 15.3 million shares during last trading session. EPS ratio determined by looking at last 12 month figures is 0.54. Xenia Hotels & Resorts Inc makes up approx 0.01% of Rhumbline Advisers's portfolio.Winch Advisory Services boosted its stake in XHR in the latest quarter, The investment management firm added 24 additional shares and ...

Business

Sydney to host 'world's richest turf race', eclipsing Melbourne Cup

The 1200-metre race, to be called The Everest, will be conducted along the same lines as last weekend's Pegasus World Cup in the United States, with contenders to pay a whopping $600,000 entry fee to run in the 12-horse field. Chief executive of Racing NSW Peter V'Landys said the race would complement the Melbourne Spring Carnival and provide a great opportunity for owners.

Business

Budget 2017: Government Decides To Abolish FIPB

SJM co-convenor Ashwani Mahajan told CNN-News 18, "The whole world, from the U.S. to the United Kingdom, is getting disillusioned with globalisation but this government has not been able to come out of the idea of globalisation". M&A lawyers say that for all practical objective the FIPB might be merged with Department of Industrial Policy and Promotion (DIPP) that formulates the FDI policy in India.

Business

Anadarko Petroleum Corporation (NASDAQ:APC) To Release Earnings

EST. Fidelity Management and Research Company is the second biggest holder with 31 million shares now valued at 1.99 B million whilst Wellington Management Company LLP has 31 million shares valued at 1.97 B million. Dodge & Cox now owns 9,212,463 shares of the oil and gas development company's stock worth $490,564,000 after buying an additional 9,204,039 shares in the last quarter.

Business

Next Weeks Broker Price Targets For Integrated Device Technology, Inc. (NASDAQ:IDTI)

Phocas Financial Corp. increased its stake in Integrated Device Technology by 6.6% in the third quarter. Institutional investors own 94.23% of the company's stock. The analysts estimated EPS for the higher end at 0.38 and lower end at 0.34 while the year ago reported earnings per share was 0. 5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Integrated Device Technology, Inc .

Business

British government cuts stake in Lloyds to below 5%

The Stock had a 2.25 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.25 and 2.25 respectively. The Low Price target projection by analysts is $2.28 and the Mean Price Target is $2.28. Lloyds Banking Group has 60,810,000,000 shares which are now outstanding with a price of 64.93 calculating Lloyds Banking Group's market capitalisation to 39.48B GBp.

Business

Budget aimed at making people tax compliant: Jaitley

The government proposed injecting at least 100 billion rupees of capital into state-owned lenders and increasing allowable provisions for bad loans. The government said professionals earning up to INR 3 lakh will enjoy zero tax liability and slashed taxes to 5 per cent instead of 10 per cent for individuals earning INR 2.5 - INR 5 lakh a year.

Business

Gunman threat at Istanbul hospital

It said that the situation was under control when police surrounded the hospital, accompanied the hostages out, and convinced the man to surrender. As reported by BBC , the man promised to murder every single person from the room and, after he finishes, he will take his own life.

Business

Stock Seeing Amplified Volume in Session: Marathon Oil Corporation (NYSE:MRO)

Analysts expect that Marathon Petroleum Corporation will post $2.16 earnings per share for the current year. Marathon Oil Corporation (NYSE:MRO) shares now have a mean rating of 2.50 while 5 analysts have recommended the shares as "BUY", 6 commented as "OUTPERFORM" and 18 commented as "HOLD".

Business

Syndicate Bank Q3 net profit at Rs 93.56 cr

Non-interest income was at Rs 3,939 crore in the third quarter of 2016-17 as compared with Rs 4,217 crore a year ago. However, NPAs for the quarter doubled as compared to the past year at Rs.19887.2 crore and sequentially increased by 22%. Bad loans now account for 7.91 per cent of advances, against 4.72 per cent in December past year. The results were announced after market hours. "This increase from 7.5 per cent to 8.5 per cent is not major because if you look at the effective tax rate, it ...

Business

The 10 most valuable Australian brands for 2017

Apple has been dethroned as the most valuable brand in the world by mammoth search engine Google in an annual study of the world's leading brands by Brand Finance . It considered factors such as marketing investment, familiarity, loyalty, staff satisfaction and corporate reputation to determine the values. Google's brand value, on the other hand, went up by 24% over the a year ago taking their brand value to a staggering $109.5bn.


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