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More flights canceled as ongoing problems plague Delta Air Lines

Delta is offering a travel waiver this weekend to help customers rebook flights without change fees. Pilots and cabin crews who fly under tightly regulated work schedules found themselves unable to operate flights in many cases, even if planes were back in position.

Business

GM Shares Revved Up On Greenlight Capital Nominations?

In a Wednesday filing, Einhorn griped that "to Greenlight's surprise" GM had "substantially altered" the term sheet of his two-class stock proposal when it presented it to the ratings agencies during a March 16 telephone call. Einhorn himself was not on the proposed slate. Greenlight Capital has owned GM shares on and off for five years and has a 4.9 percent stake, including options.

Business

Borussia Dortmund attack: Police probe 'Islamist link'

She says at a news conference that both of their apartments were searched and one of them has been detained. It said metal strips had been used in the explosive devices set off in the attack, which injured one player and is being treated as having a "terrorist background".

Business

Higher fuel cost weighs on Delta profit in 1st quarter

The company's revenue was down.5% on a year-over-year basis. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $44.00 price objective on shares of Delta Air Lines in a research note on Friday, March 3rd. The E&G Advisors Lp holds 69,491 shares with $3.42M value, down from 82,191 last quarter. The biggest holder now is Michael J. Becker who owns 509,518 shares (0.07% of those outstanding), whilst Douglas M.

Business

Bank takes $75M more from 2 ex-execs

Former Wells Fargo CEO John Stumpf testifies before a Senate Banking Committee hearing on the firm's sales practices on Capitol Hill in September. The results of the investigation , conducted by the law firm Shearman & Sterling, also called for millions of dollars in compensation to be clawed back from former CEO Stumpf and community bank executive Carrie Tolstedt.

Business

Admiral Group plc's (ADM) Neutral Rating Reiterated at BNP Paribas

There are now 92,769,054 shares in issue with the average daily volume traded being 342,376. The firm's market cap is GBX 5.33 billion. The stock's price moved up its 200-day moving average of $40.06. Peel Hunt reissued an under review rating on shares of Redcentric PLC in a research report on Thursday, January 19th. On Wednesday RBC Capital Markets reiterated its target for shares of Intertek Group PLC as "Underperform" recommending a target price of 3200 for investors; potentially meaning ...

Business

Vodafone Abolishes Majority Of European Roaming Charges

The move comes with the European Union expected to abolish roaming charges across the bloc in June. In addition, the operator has brought out new products for small (and large) entrepreneurs, introduced its new TOBi artificial intelligence (AI) chatbot for online queries, and said it is boosting its United Kingdom call centre staff with thousands of new hires.

Business

SIAM : Passenger vehicle sales up 9.96 per cent in March

In passenger vehicle segment, sales grew by 9.96 percent in comparison to a year ago. However, van sales plunged by 12.94 per cent to 14,765 units. The reproduction of the story/photograph in any form will be liable for legal action. Total two-wheeler sales in March grew marginally to 14,71,576 units, from 14,67,710 in the year-ago month. The two-wheeler segment wasn't so lucky though.

Business

Commerce ministry reveals the complementary nature of China-US trade

The risk is that heavy handed moves could disrupt the patterns of trade in which countries - including the US - benefit from specializing in particular fields, Kujis said, noting that even China runs deficits with some countries. At the same time, the deficit with the European Union and Mexico stood at 146.3 billion dollars and 6.32 billion dollars respectively. On Jan. 23, Trump signed an executive action officially withdrawing from the Trans-Pacific Partnership, a 12-nation trade deal ...

Business

Yogi waives loans for small and marginal farmers

State Agriculture Minister Surya Pratap Shahi said a proposal prepared for farm loan waiver will be presented before the cabinet at its first meeting. The BJP had promised loan waiver to marginal farmers in its manifesto for the Uttar Pradesh assembly elections. Prime Minister Narendra Modi, had stated that the loan waiver for UP farmers would be done in the first cabinet meeting if the BJP came to power.

Business

Marine Le Pen denies France's role in rounding up Jews during WWII

Melenchon's radical programme includes a new 100-billion-euro ($149 billion) stimulus plan and a reduction in the working week to 32 hours, as well as proposals to overhaul the European Union and pull France out of North Atlantic Treaty Organisation.

Business

Trump defends O'Reilly after sexual harassment accusations

Maxine Waters , D- Calif., called for both men's imprisonment Wednesday night. Gold retailer Rosland Capital, the biggest advertiser on Fox News' "The O'Reilly Factor", has no plans to pull its commercials from the show amid sexual harassment allegations against host Bill O'Reilly.

Business

Here's What To Look For In Wells Fargo's Earnings

It would take about 1.9 days to cover all short positions. Large investors have recently added to or reduced their stakes in the stock. Toronto Dominion Bank now owns 313,675 shares of the financial services provider's stock valued at $13,904,000 after buying an additional 100,182 shares during the period.

Business

Screaming man pulled off of United plane in Chicago

United Airlines' parent company CEO Oscar Munoz defended his employees, saying they followed proper procedures in dealing with the situation. After the man refused, Munoz said it was "necessary" for crew to contact security, and it was unclear "why this customer defied Chicago Aviation Security Officers the way he did".

Business

ICG saves lives of two Pak Maritime Security Agency officials

In the meantime, Pakistan released seven boats and close to 60 fishermen yesterday as a reciprocal gesture for saving the lives of their officers, Manish Lodhari, National Fishworkers Forum secretary said. But engine of one of the boats had failed and it is reported missing. The Pakistani commandos were drowning and if the Indian Coast Guard had not shown compassion, the commandos would have lost their lives.

Business

Government drops request to unmask anti-Trump Twitter account

In response, Twitter said it was dropping a federal lawsuit against the USA government that challenged the request to unmask the users. The accounts he DHS is most interested in are those that claim to be run by employees of the U.S. Twitter argues that it can not be forced into handing over the rogue account's information unless the government proves that a criminal or civil crime was committed.

Business

Wells Fargo claws back another $75m from former bosses

Sanger said that the board's report on Monday concluded almost all of its investigation and that no further terminations or compensation clawbacks are expected. As ThinkProgress' Alan Pyke wrote , these poorly compensated employees faced a bad choice: "do the job correctly and get fired, or lie and maintain a steady income".

Business

United Continental's Latest Controversy Costs It $550M

Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock . The original version of this report can be read at https://www.themarketsdaily.com/2017/04/12/united-continental-holdings-inc-ual-downgraded-by-vetr-inc-to-sell.html.

Business

Featured Stock: Boston Scientific Corporation (BSX)

Oppenheimer Holdings Inc. reaffirmed a "hold" rating on shares of Boston Scientific in a report on Thursday, February 23rd. MSI Financial Services Inc now owns 5,826 shares of the company's stock valued at $139,000 after buying an additional 1,640 shares in the last quarter.

Business

Four sent to CBI remand in connection with PNB cheating case

The agency registered the case on Monday on the basis of plethora of evidence it has gathered against the minister, the sources said. The money was routed back by the entry operators in the form of investment in shares of the companies which were controlled by Jain at almost 60 times their actual prices, it is alleged.

Business

Yukoners in France to mark Vimy Ridge centennial

The official anniversary of Vimy Ridge, which featured four Canadian divisions fighting together as a unit for the first time to take the almost impossible ridge from German defenders is April 9, although the battle stretched on four days.

Business

USA 'playing the terrorism game' in Syria warns Lavrov

In Damascus, dozens of Syrian students gathered outside the offices of the United Nations to protest the U.S. missile attack, chanting "Death to America" and "Death to Israel". U.S. Treasury officials say they are preparing sanctions in response to the chemical weapons attack, though the Syrian government is already buried under U.S.

Business

Petrol, diesel prices to change every day from May 1

Petrol and diesel prices will be the same in city or town. Indian fuel companies - Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) are ready to move ahead to sell petrol and diesel with daily changing prices.

Business

Trump's travel spending likely to exceed Obama's

So far, Trump has spent six weekends, a total of 21 days, at his Mar-A-Lago private Palm Beach club. The CNN report said estimating the security costs of a presidential trip is hard due to variations in each trip. Donald Trump famously has no major legislative accomplishments to speak of in his 80-some days as president, which has his aides pretty freaked out .

Business

United passenger, when asked what hurts: 'Everything'

Munoz later released a statement Tuesday afternoon that said in part: "I deeply apologize to the customer forcibly removed and to all the customers aboard". The incident was recorded on video by a fellow passenger. But while the passenger's unflattering history quickly became the focus of attention, there's no indication that his past influenced how he was treated or that the airline or police were aware of his background.

Business

Canada Goose (NYSE:GOOS) Issued With 'Outperform' Rating At RBC Capital Markets

The 52 week high Canada Goose's shares have reached is 18.4 whilst the 52 week low for the company's shares is 15.2. Neonode had 3 analyst reports since August 7, 2015 according to SRatingsIntel. Nea Management Company Llc owns 8.58 million shares or 2.08% of their United States portfolio. Shares of Canada Goose Holdings Inc ( TSE:GOOS ) opened at 21.61 on Wednesday.

Business

Protectionism, Monetary Tightening May Hurt Emerging Markets

Trade and trade-related policies have a role to play not just in promoting growth and prosperity, but helping share that prosperity more widely, United Nations global finance partners said today, launching a report that calls on national governments to pursue policies that help those who might lose their jobs, one of the unintended consequences of trade integration.

Business

United Airlines: Doctor dragged off Flight 3411 speaks out after the incident

Responding to the firestorm over a United Airlines passenger getting dragged off a plane , Gov. Christie on Tuesday asked the federal government to halt the practice of bumping passengers from overbooked flights until it can be reviewed by authorities.

Business

Aus PM Malcolm Turnbull arrives on four-day India visit

He added that a joint working group is addressing the roadmap for this. "I would also like to thank Prime Minister for Australia's decision to join the (India-initiated) International Solar Alliance (ISA)", he said. Visiting Prime Minister Malcolm Turnbull accompanied Prime Minister Modi on a metro ride from the Mandi House metro station to the Akshardham Temple on the blue line.

Business

Lyft raises $600m in new funding round

Leading this new funding are previous partners including Rakuten and Janus Capital, along with new partners such as AllianceBernstein, Baillie Gifford, KKR , and Canada's Public Sector Pension Investment Board (PSP). At that $7.5 billion value, Lyft is worth about 10% of competitor Uber Technologies but has so far steered clear of the adverse publicity Uber's management has received.

Business

Neil Gorsuch sworn in as US Supreme Court justice

President Donald Trump praised, saying Gorsuch "will go down in history as one of the truly great justices in the history of the U.S". "Spring is really the ideal backdrop for this joyful gathering of friends, because, together, we are in a process of reviewing and renewing, and also rebuilding, our country", he declared from the lectern.

Business

Reiterates Neutral Rating for Whitbread plc (WTB)

On Tuesday, February 21 the stock rating was downgraded by Societe Generale to "Hold". The stock had a trading volume of 1,020,928 shares. Pagegroup PLC (LON:MPI)'s stock had its "buy" rating reissued by stock analysts at Liberum Capital in a research report issued to clients and investors on Wednesday.

Business

What Are Analysts Suggestions On Chesapeake Energy Corporation (CHK)

Sell-side analyst recommendations point to a short term price target of $7.31 on the shares of Chesapeake Energy Corporation (CHK). CHK has been the topic of a number of research analyst reports. The business had revenue of $2.02 billion for the quarter, compared to analysts' expectations of $2.09 billion. During the same period in the prior year, the company posted ($0.16) earnings per share.

Business

Wells Fargo rehires 1000 employees who left over fake-account scandal

The newly-established FIG includes the Global Financial Institutions business, formerly part of Wells Fargo's International Group, and the Financial Institutions business, formerly part of Wells Fargo's Corporate Banking Group. But if you look a little deeper into the lengthy document , you learn some interesting things about how the bank operated and what led it to start opening bank and credit card accounts in customers' names, whether they wanted them or not.

Business

Arkansas board rejects inmate's clemency bid

McGehee warrants clemency instead of death because of his exemplary behavior, his youth at the time of the crime, and also because his sentence is not proportional", he said . Q: Arkansas now utilizes lethal injection as the method for carrying out executions. Davis and Ward are due to be executed on April 17, followed by Johnson and Lee on April 20, Williams and Jones on April 24 and Williams on April 27.


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