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Business

GameStop closing 150 stores as it shifts business focus

Technology Brands sales, which are not included in comparable store sales, increased 43.9% to $256.0 million, primarily driven by year-over-year store growth. GameStop today reported its earnings for the final quarter and the full 12 months of its 2016 fiscal year, which closed January 28th, and sales and profits are down across the board for the retail giant.

Business

Analyzing Analyst Recommendations: Advanced Micro Devices, Inc. (AMD), Sunshine Heart, Inc. (SSH)

Several analysts have released their opinion on Advanced Micro Devices, Inc . The PEG holds a value of *TBA , whilst P/B is stated to be 32.05. They issued a buy rating and a $11.00 price target for the company. The insider now directly owns 5,257 shares worth $74,124. The disclosure for this sale can be found here. Volatility on a weekly basis sums at 4.23% * together with the monthly volatility of 4.63% *.

Business

Amtrak train derails at New York's Penn Station

There are no known injuries. Photos posted to social media showed the accordion-like component between the cars of the Amtrak train crunched in one spot. "Thankfully everyone is okay", he wrote. Officials said there were no reports of injuries. He said "what happened today was scary as hell". Amtrak did not immediately respond to a request for comment.

Business

Price Target Watch on Oasis Petroleum Inc. (NYSE:OAS)

In the past year Oasis Petroleum Inc.'s stock price has increased by 77.7% from 6.86 to 12.19. The 22 analysts offering 12-month price forecasts for Kohls Corp have a median target of 42.00, with a high estimate of 54.00 and a low estimate of 32.00.

Business

Disney CEO Bob Iger gets contact extension to July 2019

Southwestern Energy Company (NYSE:SWN) announced that an authorized committee of its Board of Directors declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on April 17, 2017, to holders of record on April 1, 2017.

Business

WTI, Brent crude oil futures settle lower

The Official for Saudi's energy ministry also said that "Exports may fluctuate week on week, but on average in March exports will be down", the country is expected to keep the exporting at bay making March exports the staple for the following months.

Business

Brokerage Analyst Buys: Mast Therapeutics, Inc. (:MSTX) Zosano Pharma Corporation (NASDAQ:ZSAN)

This year Company's Earnings per Share (EPS) growth is 60.80% and next year's EPS growth is 23.50%. According to their observations and findings, the stock could provide a high EPS of $-0.18/share and a Low EPS of $-0.18/share. Sell-side analyst recommendations point to a short term price target of $ on the shares of Provectus Biopharmaceuticals, Inc. 05/14/2015 - Zosano Pharma Corporation was downgraded to "hold" by analysts at Zacks.

Business

Micron Technology, Inc. (MU) Releases Q3 Earnings Guidance

Revenues surged 58.4% from past year to $4.65 billion, matching analysts' view for $4.65 billion. During the same period a year ago, the company posted $0.01 EPS. A number of research firms have weighed in on MU. Sell-side analyst recommendations point to a short term price target of $33.17 on the shares of Micron Technology, Inc .

Business

Nationwide bus strike to begin from midnight

The company said disruption was expected on the Cork, Limerick, Galway, Waterford, Sligo intercity routes. Thousands of bus and rail commuters as well as tourists have been severely affected by today's strike action by workers at Bus Éireann.

Business

GameStop Corp. (NYSE:GME)

For the current quarter, the highest estimate analysts provided is 3.31 Billion and the lowest is 2.98 Billion. Working backward, shares of GameStop Corp . GameStop Corp .'s dividend payout ratio is presently 39.47%. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

Business

Drilling Down Into the Books for Union Pacific Corporation (NYSE:UNP)

The Relative Volume of the company is 3.12 and Average Volume (3 months) is 3.65 million. Following the sale, the director now owns 22,400 shares of the company's stock, valued at $2,453,472. The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 24th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.28%.

Business

Robots, AI may replace 30% of UK workers

The risk of job automation in the United Kingdom was found to be lower than both Germany and the USA, where 35 and 38 per cent could be replaced by automation, respectively, but higher than Japan (21 per cent). Development in automation, however, does not mean a direct fall in unemployment, as it increases productivity, which in turn generates more wealth and jobs in different sectors.

Business

Ofcom Mulls Automatic Compensation For Broadband Problems

Lindsey Fussell, Ofcom's consumer group director, said: "When a customer's landline or broadband goes wrong, that is frustrating enough without having to fight tooth and nail to get fair compensation from the provider". In response, BT, Sky and Virgin Media have put forward a voluntary alternative code of practice, which Ofcom doesn't think goes far enough. And Ofcom found that around one in eight landline and broadband installations were delayed (12 percent), affecting more than 1.3 ...

Business

Ford Sees Profit Dropping More Than Estimates as Sales Slow

Currently, China is the world's largest vehicle market. Ford shares were down almost 1 percent at $11.66 in late morning trading after the announcement. According to Thomson Reuters I/B/E/S, analysts expected earnings per share of 47 cents, on average. "The lion's share of this is taking place or took place in both 2016 and 2017 - when you get into 2018, you actually have lower accumulated supplemental depreciation in that year, versus this year, and as a result Ford Credit will improve".

Business

CFPB Fines Experian For Misleading Consumers On The Use Of Credit Scores

The Consumer Financial Protection Bureau on Thursday fined consumer credit reporting agency Experian $ 3 million for allegedly deceiving consumers about credit scores and forcing them to view an advertisement to get a free credit report.

Business

Crazy Volume Spikes for: United States Steel Corp. (X)

Equity research analysts have given opinions on where they foresees the stock level. Shares of steelmaker AK Steel (NYSE:AKS) dropped sharply to close down 10.4% on Tuesday. AK Steel Holding (NYSE: AKS ) opened at 7.62 on Monday. United States Steel Corporation is an integrated steel producer. (NYSE: AKS ) from a strong-buy rating to a buy rating in a report published on Wednesday.

Business

Payless could be filing for bankruptcy

A Payless spokeswoman declined to comment to Fortune on the report. The company says it is now the largest specialty family footwear retailer in the Western Hemisphere, with more than 4,000 locations in 30 countries and almost 22,000 employees.

Business

Google, Howard University Launch Program For Black Students

In a bid to promote diversity and create a structure to provide black students with better careers in the technology industry, Google has partnered with Howard University in Washington, D.C., to launch the Howard West Program, the company announced Thursday on its official blog.

Business

Germany Markit mftg March PMI flash 58.3 vs 56.5 exp

It said its March Composite Purchasing Managers Index came in at 56.7 points, up from 56.0 points in February, well above the consensus forecast of 55.8 points from data company Factset. The manufacturing and services PMI both rose, signalling broad-based and strong growth in the private sector. Earlier in the European session, the PMI data for Germany and France both beat market expectations by a significant margin with a notable improvement in the French sector.

Business

Korea's Kospi Slips As Samsung Electronics Rejects Holding Company Structure

Furthermore, the company will implement shareholder return programs as we announced past year. Samsung Electronics fell 0.72 percent to end at 2,075,000 won, while SK hynix, a global chipmaker, rose 2.17 percent to 49,500 won. Some investors said any restructuring appeared to have been delayed with Lee's arrest on charges of bribery, embezzlement and other offences in a corruption scandal that led to the removal of President Park Geun-hye from office.

Business

Toyota Gains Access to Microsoft's Connected Car Patents

The latest agreement covers additional patents related to operating systems , file storage , connectivity , sensors , gesture computing , graphical user interfaces , voice recognition , multi-touch, security and artificial intelligence.

Business

US House delays vote on healthcare bill

Now Republicans are staring at the possibility of failure at the very moment of truth, an outcome that would be a crushing political defeat for Trump and Hill GOP leaders and would throw prospects for other legislative achievements into extreme uncertainty.

Business

Royal Jordanian airlines trolls United States over laptop ban

This is some of the light-hearted advice dispensed by Royal Jordanian on social media Thursday, a day before the carrier is to enforce a new United States ban on most onboard electronics on US-bound flights from 10 cities in Muslim-majority countries.

Business

The Peel Hunt Reaffirms "Restricted" Rating for Hansteen Holdings plc (HSTN)

They now have a GBX 70.00 TP on Centaur Media PLC (LON:CAU). This is a positive change from Intu Properties PLC's previous dividend of $4.60. The company has market cap of $262.21 million. On Monday, December 14 the stock rating was maintained by Beaufort Securities with "Buy". KAZ Minerals PLC (LON:KAZ)'s stock had its "outperform" rating reaffirmed by investment analysts at BNP Paribas in a research note issued on Thursday.

Business

State Dept. orders stricter screening for visa applicants

The cable sent on March 15th, based on seven pages, Tillerson was provided to The New York Times , made it clear that the process of getting entry visa is about to get tougher at diplomatic posts around the globe. while the administration works through the court system to unfreeze the latest executive order. "Consular officers must disregard the guidance" in the March 15 directive, according to the cable, unless and until the Department has received approval.

Business

Shiv Sena says coalition govt will not last long

In fact, the BJP and the Sena fought separately in the municipal polls, heaping allegations against each other during the campaign. Under Plan A, the BJP may dissolve the House and go in for fresh elections.The party's internal survey results show that it will get at least 180 seats in the House of 288.

Business

Wells Fargo brings cardless smartphone cash withdrawals to its 13000 ATMs

Wells Fargo & Co (NYSE:WFC) has announced that it will be introducing cardless ATMs across the country next week. JP Morgan Chase (JPM) and Bank of America Corp. The bank said Monday that activity at its branches remains depressed from a year ago, with customers opening 40 percent fewer checking accounts per day last month compared to a year earlier, while the number of customer interactions with branch bankers per day was down 17 percent.

Business

Royal Jordanian Airlines issues cheeky response to Trump's electronics ban

But while that battle plays out in the political universe, one can only hope Royal Jordanian's press team uses their newfound free time aboard flights to pen more lovely poetry. with an ad hinting at the likely travel ban ahead should Donald Trump get elected. Since then, the carrier has been trying to cheer up passengers and potential customers with humorous Twitter messages.

Business

Messi-branded cocaine worth $85 million seized in Peru

In January , Peruvian police found more than 4,508 pounds of cocaine worth $174 million in street value, hidden in packages of asparagus destined for Amsterdam. "There is no doubt that this is an worldwide organization". Police officials confirmed the news on Wednesday and said the packages were found inside shipping containers going to Belgium.

Business

Sushma asks Indian envoy to initiate action to release 29 Telangana migrant

The minister said India was engaging with the USA at the highest level to ensure the protection of Indians on work visas in that country. Swaraj said she had earlier stated that some Bills have been moved in the United States, but the government was taking steps so that they are not passed in such a form.

Business

Retiring Later Not a Reliable Retirement Strategy

Workers who have a retirement plan, whether a defined contribution plan, defined benefit plan, or IRA, are far more likely to feel confident about having enough money. However, worker confidence is very close to the levels measured in 2015 (when 59 percent were either very or somewhat confident). Some workers might prefer a root canal to figuring out their retirement savings.

Business

Laptop ban may force business travelers to skip Mideast airports

Meanwhile, the chief of Dubai International, where flights depart to 12 US cities daily, has said the ban will not significantly affect passenger numbers. It impacts students, business travelers, and people traveling with small children, all of them flying for long hours. Emirates, which tapped actress Jennifer Aniston as a celebrity spokeswoman, posted an advertisement on Twitter that says, "Who needs tablets and laptops anyway?" and highlighted some of its in-flight features.

Business

Airtel signs deal to buy 4G business from Tikona Networks

Airtel and Telenor India will merge and Airtel will take over Telenor India as soon as all necessary approvals are received. By buying out Tikona's 4G, Airtel will now have nationwide TDD-LTE Spectrum. Airtel will takeover the 4G business in four circles, barring Rajasthan. The combined spectrum holding of Airtel in these five circles will be within the spectrum caps prescribed by the Government.

Business

Congressman Hunter Under Criminal Investigation Over Campaign Spending

Along with the announcement, the committee released a previously confidential one-page statement from the independent Office of Congressional Ethics which described allegations that Hunter, R-Alpine, had misused campaign funds for personal benefit.

Business

Earnings Analysis & Update for NorthWestern Corporation (NYSE:NWE)?

Hager is now ranked as the number three insider in terms of representation on the cap table for the stock, holding 349,663 shares, valued at around $14175338.02 as of recent close. Duke Energy Corp had a net margin of 12.27% and a return on equity of 8.20%. The shares were sold at an average price of $82.10, for a total transaction of $49,260.00.


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