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Business

Starbucks Introduces Two New Macchiato Drinks In Time For Spring

The coconut milk macchiato is made with - surprise surprise - coconut milk mixed with espresso and white chocolate mocha sauce and topped with caramel and mocha. "The result is a coffee-forward flavor with attractive layers". Starbucks beverage developer Yoke Wong explained: "With macchiato, we first pour the steamed milk and then add the espresso".

Business

Two Basic Materials Stocks Are Hot: Marathon Petroleum Corporation (MPC), Apache Corporation

MRO has been the topic of several recent analyst reports. The number of shares now owned by investors are 860.67 mln. The company's shares were closed at 50.76. The firm also recently announced a quarterly dividend, which will be paid on Friday, March 10th. Stockholders of record on Thursday, February 16th will be issued a $0.36 dividend.

Business

Gurmehar Kaur withdraws campaign, gets police protection

While the Kargil martyr's daughter and Delhi University student Gurmehar Kaur's crusade against ABVP's alleged threat remarks has created quite a stir on social media, students in Goa largely remain ignorant of the controversy. Please go to the March in huge numbers. Posting a video of her, where she is talking about rape threats being issued to her, Delhi chief minister Arvind Kejriwal tweeted, "THIS is BJP.

Business

Unusual Volume Spotted in Domino's Pizza, Inc. (NYSE:DPZ) Stock

Other equities research analysts have also recently issued reports about the stock. TimesSquare Capital Management LLC now owns 668,850 shares of the company's stock valued at $87,874,000 after buying an additional 23,950 shares in the last quarter.

Business

Spacex To Send 2 Tourists Beyond The Moon Next Year

The two citizens will begin initial training later this year. At least, Musk said as much early past year. The journey would take about a week and would be similar to NASA's 1968 Apollo 8 mission, said Reuters . SpaceX is expected to launch its Falcon Heavy rocket on its maiden voyage later this summer. The SpaceX CEO went on to say that he believed there is "a market for one or two of these" kind of flights each year, and that such space tourist fees could eventually make up as much as ...

Business

New Study Shows Sharp Rise in Colorectal Cancers Among Young Adults

Even with the rise, the number of young people affected by colorectal cancers remains relatively low-about one in 100,000 people in their 20s will get colon cancer in a year compared to 50 in 100,000 for people in their 50s and 60s. The reasons as to why are unclear, but obesity is one likely factor. The latest research involved a retrospective look at more than 490,000 people ages 20 and older who received diagnoses of invasive colorectal cancer between 1974 and 2013, with a specific focus ...

Business

Warren Buffett reveals his investment hero is tracker fund pioneer Jack Bogle

Even though Buffett won't discuss what he might buy, Smead said he could have talked more about what he doesn't like in the market today. WARREN Buffett on Saturday mounted a forceful and upbeat defense of the prospects for American business, as his Berkshire Hathaway Inc reported a higher quarterly profit though operating income fell.

Business

BMO, Scotiabank earnings beat forecasts, but future growth uncertain

Scotiabank also increased its quarterly dividend by two cents to 76 cents per share, while BMO announced plans to return capital to shareholders by buying back 15 million of its shares. This represents a $3.52 annualized dividend and a yield of 3.52%. After adjustments, the profit amounted to $2.28 per share, beating analyst expectations of $1.88 per share by a wide margin, according to data compiled by Thomson Reuters.

Business

Calamos Wealth Management LLC Sells 2552 Shares of The Coca-Cola Co (KO)

The Next Year EPS growth is 3.7%, Long term annual growth estimate of 2.91%, Annual EPS growth past 5 years of -0.77 percent. Green Square Capital LLC's holdings in Coca-Cola Company (The) were worth $10,594,000 at the end of the most recent reporting period.

Business

Noticeable Stock: Advanced Micro Devices, Inc. (NASDAQ:AMD)

Other analysts also recently issued research reports about the stock. Current price level places the company's stock about -38.38% from the 52-week high and 9.42% away from the 52-week low. EPS Estimates for Advanced Micro Devices, Inc . According to 23 analysts, Price Target for Advanced Micro Devices, Inc . This report was posted by BBNS and is owned by of BBNS.

Business

Research Ratings: Newmont Mining Corporation (NEM), Target Corporation (TGT)

The Low Price target projection by analysts is $25 and the Mean Price Target is $39.5. Scotiabank lowered shares of Newmont Mining Corp from an "outperform" rating to a "sector perform" rating and set a $42.00 target price on the stock.in a research report on Tuesday, January 10th.

Business

Featured Stock to Focus: Halliburton Company (NYSE:HAL)

Manchester Capital Management LLC raised its stake in Halliburton by 0.4% in the second quarter. Ltd. now owns 64,305 shares of the oilfield services company's stock valued at $2,886,000 after buying an additional 23,123 shares in the last quarter.

Business

Ramjas row: FIR on rape threat to Gurmehar Kaur

His batchmate, 19-year-old Avishek Ghosh, was on his first march too. Numerous students who spoke invited the ABVP to "talk" about issues instead of resorting to vandalism and violence, while maintaining they did not want the right-wing group to "go back" as the DU believed in freedom for all manner of ideologies and expression.

Business

That $56 billion was here somewhere: Berkshire revises cash stake disclosure

It's not that investors aren't ignoring this sort of advice (which Buffett has stated several times in previous letters). Plus, he says lobbyists from every industry will oppose major changes. Now nearly at the close of one year, Berkshire Hathaway quadruples its shares in the technology firm, which the owner ruled out five years ago. His aggressive buying spree at Apple caught many off guard because he has historically steered clear of technology companies.

Business

Exxon Mobil Corporation (NYSE:XOM) Analyst Estimates And Rating

Finally, Proficio Capital Partners LLC boosted its stake in Exxon Mobil by 1.9% in the third quarter. The Market Capitalization of the company stands at 341.04 Billion. Several research firms recently commented on XOM. Still, the effects of the long-term drop in oil prices have prevented the companies from seeing a positive growth rate.

Business

Hyperloop One initiates the process of building Hyperloop transport system in India

India, has the world's second-biggest population and, is struggling to match infrastructure requirements with rapid population growth. Hyperloop transport system is also financially and environmentally sustainable. "Prime Minister Narendra Modi's vision for transforming India and the role he sees of technology in driving this change is indeed remarkable", said Shervin Pishevar, Executive Chairman of Hyperloop One.

Business

Stock Price of Kinder Morgan, Inc. (KMI) Decreases -2.43%

Insider Trades for Kinder Morgan , Inc. show that the latest trade was made on 16 Jan 2017 where Sarofim (Fayez S), the Director completed a transaction type "Buy" in which 8870 shares were traded at a price of $22.55. The ex-dividend date of this dividend was Monday, January 30th. This represents a $0.50 annualized dividend and a yield of 2.34%. Kinder Morgan's dividend payout ratio (DPR) is 200.00%.

Business

Fifth Third Bancorp Continues to Hold Position in Emerson Electric Company (EMR)

In other El Paso Electric Company news, Director John Robert Brown sold 10,500 shares of the company's stock in a transaction on Tuesday, December 13th. During the same quarter in the previous year, the firm posted $0.52 EPS. Portland General Electric Company (PGE) is a vertically integrated electric utility company engaged in the generation wholesale purchase transmission distribution and retail sale of electricity in the state of Oregon.

Business

Saudi Arabia wants oil prices at $60 to discourage shale production

On one hand, OPEC is pushing for broader cuts from the cartel and several large external producers, particularly Russian Federation. "Nevertheless, U.S. "Signals are highly positive. Therefore, we together with our non-OPEC friends, we remain determined to solidify this platform and maintain a stable environment and restore confidence for investors".

Business

Philip Green agrees to pay £363m into BHS pension fund

A high-profile parliamentary inquiry followed the collapse of BHS, in which the tycoon's reputation took a battering. Legal action brought by the Pensions Regulator to attempt to force Green to reimburse those who lost their pensions when the company folded has now been stopped, and Green asserted today that the deal had presented a "significantly better outcome" than the regulator had mooted.

Business

Feyenoord 2-1 PSV Eindhoven

At first glance, it looked like Eindhoven's Jan-Arie van der Heijden was exclusively responsible for the goal thanks to his header, and the goal decision system seemed to confirm that was the case. "This is seriously f***** up", Zoet told NOS . "If that had not happened, I think he would have said no goal". PSV now sit 11 points behind the leaders after 24 games and one wouldn't fancy their chances of making up the difference.

Business

Nordstrom (JWN) Shares Cross Above 200 DMA

Bank of Montreal Can now owns 3,303,891 shares of the company's stock valued at $171,407,000 after buying an additional 362,632 shares during the period. According to the Analysts, the Low Earnings estimate for the current quarter is $0.2, while the High earnings estimate is $0.47.Comparatively, EPS for the same quarter past year was $0.55.

Business

147 hedge funds sold their entire positions in Whiting Petroleum Corporation (WLL)

Whiting Petroleum Corporation is an independent oil and gas company. The Company's estimated proved reserves totaled approximately 820.6 Million Barrels of Oil Equivalent (MMBOE). Receive Whiting Petroleum Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whiting Petroleum Corporation with MarketBeat.com's FREE daily email newsletter.

Business

United States home prices rise faster than expected in December

The seasonally adjusted national price index rose 0.7% for the month and there were increases across all of the 20-cities for December with the slowest monthly increase at 0.5% for Phoenix and Charlotte. Low inventory and mortgage rates pushed home prices higher in December, according to the S&P/Case-Shiller U.S. National Home Price Index . In fact, 18 of the top 20 cities saw price increases in December before seasonal adjustment, and after the adjustment all 20 cities saw prices rise.

Business

Buffett's firm says 4Q profit up 15 percent on investments

Billionaire Warren Buffett, whose stock picks over several decades have turned Berkshire Hathaway Inc. into one of the most successful conglomerates, delivered another black eye to the investment management industry on Saturday, saying investors should "stick with low-priced index funds".

Business

The National Planning Corp Acquires New Position in Exelixis, Inc. (EXEL)

Stifel Nicolaus analyst Stephen Willey downgraded Exelixis ( NASDAQ: EXEL ) to Hold today and set a price target of $22. William Blair reiterated an "outperform" rating on shares of Exelixis in a research note on Saturday, January 28th. In other news, insider Gisela Schwab sold 22,000 shares of the stock in a transaction dated Thursday, December 1st. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink .

Business

Billionaire Investor Ross Heads Toward Confirmation As Commerce Secretary

In a hard opening month for President Trump, cabinet nominees including treasury secretary Steven Mnuchin and education secretary Betsy De Vos faced rigorous scrutiny from Congress before being narrowly confirmed. The union has endorsed him. Worth an estimated $2.9 billion, Ross has extensive business ties around the globe. Ross says he will now step down from a private equity firm he founded in 1997 and as vice-chairman of the Bank of Cyprus...

Business

Intelsat +25% on reports SoftBank wants to merge it, OneWeb

There are widespread reports that Japan's SoftBank telecom and Internet giant is behind merger discussions between satellite operator Intelsat and Jersey-based OneWeb. Meanwhile, the Luxembourg- headquartered Intelsat, which is the world's largest satellite services business that provides commercial satellite capacity to the United States government and many military organisations has a market value of about $550m.

Business

Civilians flee Mosul fighting as Iraq forces battle IS

About 1,000 civilians arrived in the early hours of Monday at the sector held by the Counter Terrorism Service (CTS), the wounded taken to the clinic of this elite unit, while men were screened to make sure they are not Islamic State members.

Business

VX nerve agent behind Kim Jong-nam's murder

For example, Saddam Hussein is believed to have used VX nerve agent on Kurdish citizens of Iraq in the 1980s. Authorities will investigate how the banned substance was brought into Malaysia, Abu Bakar told reporters separately. In previous statements, Khalid alleged the two women were trained to handle toxins and had practiced at two Kuala Lumpur area shopping malls before carrying out the February 13 attack.

Business

Target offers gloomy outlook for 2017 as sales dip

Shares of Target Corporation (NYSE: TGT ) traded up 0.72% during midday trading on Tuesday, reaching $72.75. Several insiders were part of recent insider activity for the stock. It has gained $17.23 (-17.8%) since hitting a 52-week high price of $84.14. Target Corp reported a steeper-than-expected decline in quarterly same-store sales on Tuesday, highlighting the retailer's struggles in the holiday season.

Business

Trader's Round Up: Kohl's Corp. (NYSE:KSS)

Company has reported several Insider transactions to the SEC, on Nov 15, 2016, Wesley S Mcdonald (Chief Financial Officer) sold 71,582 shares at 55.18 per share price.On Sep 22, 2016, Stephen E Watson (director) purchased 615 shares at 43.87 per share price.On Mar 3, 2016, Kevin Mansell (Chairman, President, CEO) sold 50,000 shares at 46.82 per share price.

Business

December quarter GDP growth slows to 7%

A Reuters poll of economists had estimated India's economy is expected to have slowed sharply to a near three-year low of 6.1 percent in the final three months of 2016, due to the slowdown in demand following the ban of high-value currency notes.

Business

FCC chairman says his agency won't review AT&T's Time Warner purchase

The data-security rule in itself wasn't especially controversial, and was seen as aligned with longstanding principles of a different agency - the Federal Trade Commission. Meanwhile, Republican Senator Jeff Flake of Arizona is planning a more aggressive attack on the rules. The FCC licenses in question, which cover Time Warner businesses including HBO and CNN, can not be transferred to AT&T without the FCC's consent.

Business

State funding issues may lead to shorter school year, CPS says

In a motion for Preliminary Injunction filed Monday, Chicago Public Schools threatened to end the 2016-2017 school year on June 1 due to budget cuts if the state does not do anything to rectify the school funding formula. CPS has already instituted several cost-cutting measures. In December, Gov. Bruce Rauner vetoed a pension bill that would have provided $215 million worth of funding CPS was couting on, and officials have been scrambling to find ways to make up for the shortfall.


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