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Business

CMC invests in Hollywood talent agency

CMC is a leading investor in China's media and entertainment, internet and mobile, and lifestyle sectors. "CMC has been in a highly productive cooperation with CAA under the leadership of Richard Lovett, and we look forward to greater accomplishments in the future".

Business

BTIG Research indicated Pier 1 Imports PIR (NYSE:PIR) as 'Neutral'

Guggenheim reaffirmed a "neutral" rating on shares of Pier 1 Imports in a research note on Friday, December 16th. Norges Bank purchased a new stake in shares of Pier 1 Imports during the fourth quarter worth about $19,158,000. Equities research analysts expect that Pier 1 Imports will post $0.49 earnings per share for the current fiscal year. Investors of record on Wednesday, April 26th will be paid a dividend of $0.07 per share.

Business

Starbucks calls shifting-color drink a "Unicorn Frappuccino"

So what is it exactly? The drink has a sweet and fruity flavor, and packs about 500 calories and 76 grams of sugar for a 24 ounce drink. The Seattle-based company probably said it best in its tweet on Wednesday: "As rare as... The real surprise comes as the whipped cream and fairy powder melts into the drink. We're not the only ones who had to think hard about what we just tasted.

Business

CSX posts higher profit, new CEO says better is to come

The stock had a trading volume of 6,857,090 shares. Community Bank N.A. raised its stake in shares of CSX Corporation by 19.9% in the third quarter. will post $2.07 earnings per share for the current year. CSX had a net margin of 15.48% and a return on equity of 14.71%. Revenue rose 9.5% from a year before to $2.87 billion, fueled in part by a 3% rise in coal shipments, much of which was primed for export.

Business

Serena Williams is pregnant with her first child, flaunts growing bump

Celebrities and fans had reacted with a mixture of awe and glee to Williams' Snapchat post prior to the confirmation of her pregnancy. "We will let you know once we have further information", he added. Rasheed, who has coached the likes of Lleyton Hewitt, Gael Monfils and Jo-Wilfried Tsonga, and works as a tennis commentator for the Seven Network, said Williams can "absolutely" make it back to the top.

Business

A few heated, barbed interludes with Fox News' Bill O'Reilly

Powers said she went to O'Reilly's executive producer and demanded an apology or else she'd never do another segment on his show. The network's parent company, 21st Century Fox , announced the move in a statement Wednesday. She added: "It is the end of an era here at the Fox News Channel". "Bill O'Reilly has been subjected to a brutal campaign of character assassination that is unprecedented in post-McCarthyist America", Marc Kasowitz said in a statement.

Business

Venezuelan Officials 'Illegally' Seize General Motors Plant

The Detroit automaker says in a statement Thursday that other assets such as vehicles were taken from the plant, causing irreparable damage. The seizure comes amid a deepening economic crisis in leftist-led Venezuela that has already roiled many USA companies.

Business

Govt's green infrastructure bank sold in £2.3bn Australian takeover

The £2.3bn deal, which is expected to be formally completed following European Union regulatory approval in around two months, is made up of a £1.7bn transaction price and around £600m in estimated future funding commitments for existing GIB projects.

Business

No measures that could boost demand for housing in Toronto: Morneau

The latest sales data came ahead of a meeting between Mayor John Tory and the federal and Ontario finance ministers to discuss soaring home prices in the Greater Toronto Area, which have leapt by more than 30 per cent in the a year ago. While ongoing collaboration with the federal government and City of Toronto is key to improving housing affordability for renters and those looking to purchase a home over the long term, our government is also aware that a response is needed now to address ...

Business

VA Tests Partnership With CVS to Reduce Veterans' Wait Times

But, he wants the VA to handle all scheduling and "customer service" - something that veterans groups generally support but government auditors caution could prove unwieldy and expensive. The program mirrors an initiative started in 2016 in Palo Alto, California, that also allows veterans to receive referrals to CVS retail clinic locations.

Business

NHL Playoff Odds Ottawa Senators at Boston Bruins

The NY Yankees are riding high on an 8-game winning streak after beating the Chicago White Sox 7-4. "I always say that you make your money during the season, but you make your reputation in the playoffs, and right now he's showing everybody that he's a gamer", Boucher said.

Business

Trump promises to find solution for Wisconsin and NY dairy farmers

As he closes in on the first 100 days of his administration, Trump's "Buy American, Hire American" executive order was created to fulfill his campaign promise to look out for American workers. Is Trump the only one talking about this? On Wednesday, Australia and New Zealand dairy industry leaders said they would support any moves by Washington to draw the World Trade Organization into a trade dispute with Canada.

Business

Yemeni Forces Shell Saudi Base, Kill 11 Soldiers

En route to Riyadh, Mattis said, "Our goal is for that crisis [in Yemen], that ongoing fight, be put in front of a United Nations -brokered negotiating team and try to resolve this politically as soon as possible. The bipartisan legislation will require the President to formally certify that the government of Saudi Arabia is demonstrating an ongoing effort to target terrorist groups, minimize harm to civilians, and facilitate humanitarian assistance before Congress can consider the sale or ...

Business

MBA: Mortgage Applications Fall 1.8%

The refinance share of applications increased by 0.8 percentage points to 42.4 percent. The share of applications for adjustable-rate mortgages dipped to 8.4 percent from 8.5 percent the preceding week. The best 20 year fixed rate loan interest rates are being offered for 3.750% today carrying an April of 3.891%. For existing homeowners researching a home equity line of credit (HELOC) or equity loan, there's been a slight change in rates today.

Business

Texas House OKs statewide ride hailing rules, defying Austin

A regular old ride-hailing bill in Texas took a turn on Wednesday when the Texas House voted in favor of an amendment that defines "sex" as "the physical condition of being male or female". Texas educates 5.3 million-plus public school students, more than any state except California, but has endured almost 50 years of legal battles, with the Legislature frequently cutting classroom budgets and school districts responding with a series of lawsuits.

Business

Kate Spade: Just Get It Done Already!

They now have a Dollars 19 price target on the stock. They noted that the move was a valuation call. Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 1.92, indicating analysts in general look favorably on the company's future prospects.

Business

Rio Tinto 1Q FY17 production impacted by Cyclone Debbie

At 11:22 local time AEST, Rio Tinto was up 1.02 percent, to trade at 59.50 dollars (44.65 USA dollars) per share. Rio Tinto plc has an average rating of "Buy" and a consensus price target of $41.86. This represents a yield of 2.98%. TRADEMARK VIOLATION NOTICE: This story was reported by BBNS and is the sole property of of BBNS. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and global copyright law.

Business

Abbott posts 29.7 pct rise in quarterly sales

Kanaly Trust Co now owns 2,584 shares of the healthcare product maker's stock worth $109,000 after buying an additional 91 shares in the last quarter. A number of research firms have commented on ABT . BMO Capital Downgrades Abbott Laboratories (ABT)'s stock to Market Perform with no specific Price Target .

Business

Matt Damon and Jimmy Kimmel make fun of United Airlines

Even though pretty much everyone considers Damon an A-Lister, there is one person who won't acknowledge him as Hollywood royalty: Jimmy Kimmel. And late night talk shows have been joking about it ever since. Naturally, it was his arch enemy Damon, always happy to play the target of the never-ending gag about Kimmel bumping him from his show. Yet, it's still not getting old.

Business

Netflix falls short on users

Though its success is notable, Netflix , even if it reaches the 100 million subscriber count, will still play catch up to HBO's 134 million subscribers globally, which includes customers paying for an on-demand iteration of HBO , inspired by the success of Netflix's business model.

Business

Netflix is on verge of hitting milestone: 100 million subscribers

Customer numbers outside of the U.S. hit 47.9 million but growth slowed to 3.5 million net additions, down from 5.1 million in the previous quarter. "But Netflix clearly had a vision before those devices became so ubiquitous", the analyst said .

Business

Trump Targets H-1B Visas In New Executive Order

Nonetheless, whilst the U.S. are intending to limit the number of foreign workers and promote USA workers, Canada is now taking full advantage, implementing a rapid work-permit for highly skilled workers to gain access to the Canadian market, providing a suitable lure for highly skilled workers from overseas.

Business

Oil prices jump as OPEC moves closer to extending output cuts

He said producers would continue to assess market figures until next month, when ministers are expected to take a final decision at a meeting in Vienna. "Russia is on board preliminarily.Compliance from Russian Federation is very good". Oil prices now hover just over $50 per barrel after shedding around half of their value since mid-2014, AFP added.

Business

Factors to Note Before Buying Denbury Resources Inc. (DNR)

The company is scheduled to announce its next earnings results on Thursday, May 4th. According to Thomson Reuters, sell-side analysts are predicting a consensus target price of $29.17 on company stock. Mitsubishi UFJ Trust & Banking Corp now owns 97,195 shares of the oil and natural gas company's stock valued at $314,000 after buying an additional 592 shares during the last quarter.

Business

Airlines often oversell flights, end up bumping passengers

Munoz vowed this "will never happen again on a United flight" and that law enforcement won't be involved in future. United have now announced that all passengers on board the plane will be compensated equal to the cost of their tickets and could take the compensation in cash, travel credits or miles.

Business

Mallya could fight extradition on political grounds

In case of a warrant, the person is arrested and brought before the court for preliminary hearing followed by an extradition hearing before a final decision is taken by the secretary of state. He also said that normally in extradition cases bail is granted only after 60 days, but Mallya was given the relief on the same day which shows it may not be easy to get him back.

Business

Durant (calf) won't play in Game 2, sources say

WIZARDS 114, HAWKS 107: John Wall scored a playoff career-high 32 points and Markieff Morris added 21 in his National Basketball Association playoff debut as Washington beat visiting Atlanta in Game 1 of their first-round series. Stephen Curry spoke with media following news of Durant's injury and sounded confident his team would be able to respond if Durant doesn't lace up his Nikes for Game 2 .

Business

Analysts At Finncap Maintained Scs Group PLC (LON:SCS) As Buy

The stock had a trading volume of 4,956,741 shares. They expect $0.60 EPS, up 25.00% or $0.12 from last year's $0.48 per share. Telecom plus PLC (LON:TEP) has risen 11.47% since September 20, 2016 and is uptrending. GBX 3589.50's average target is 8.84% above currents GBX 3298 stock price. Restaurant Brands had 23 analyst reports since July 28, 2015 according to SRatingsIntel.

Business

Strong start to 2017 bodes well for Canada

Morocco's economic growth is forecast to jump from 1.5% last year to 4.4% this year, while Tunisia's economy is seen expanding by 2.5% compared with just 1% the year before. The International Monetary Fund (IMF) has raised its United Kingdom growth forecast for the second time this year, saying the economy held up in the wake of the Brexit vote.

Business

Macquarie vows to invest £3bn through Green Investment Bank

Commenting on the news , Greenpeace UK policy director Dr Doug Parr said: "At a time when the Government should be shoring up low-carbon industry for post-Brexit Britain, they have given away one of our key tools for advancing green technologies".

Business

Hundreds of Palestinian prisoners launch mass hunger strike

There are approximately 6,500 Palestinian prisoners in Israeli prisons, according to Palestinian figures. The strike also comes at a hard time for the Palestinian Authority, whose leader, Mahmoud Abbas, is aging and unpopular. Barghouti declined to offer a defense at his trial and refused to recognize the Israeli court's jurisdiction and legitimacy. Palestinian political prisoners and detainees are systematically subjected to torture and ill-treatment with continued impunity - ...

Business

UP ATS arrests three Islamic State terror suspects from Mumbai, Ludhiana, Bijnor

Uttar Pradesh Special Task Force and Anti Terrorism Squad have detained ISIS suspect from Bihar's Narkatiaganj area. The operation was conducted with the help of the Special Cell of Delhi Police, Crime Investigation Cell of Andhra Pradesh, Maharashtra ATS, Punjab Police and Bihar Police.

Business

Unilever sales rise on higher prices

The company said the growth it saw in ice cream "was helped by strong innovations behind our premium brands", including the recently-launched Magnum in tubs. Meanwhile markets in Europe and North America declined in the first quarter. Unilever said it expects an improvement in its operating margins of at least 80 basis points this year as it steps up efficiencies in response to the Kraft Heinz takeover approach.

Business

Soyuz space capsule carrying American, Russian blasts off

Veteran Fyodor Yurchikhin and first-timer Jack Fischer set off in bright conditions at 8.13am United Kingdom time. A Soyuz space capsule blasted off Thursday for the International Space Station, carrying an American astronaut making his first space flight and a veteran Russian cosmonaut.

Business

Alaska Says BP Oil And Gas Leak Stopped

BP PLC is trying to bring a well in Alaska under control after the site began leaking oil and other hydrocarbons, the company said Saturday. "Based on an overflight with infrared cameras, the release appears to be contained to a". So far there have been no reports of impacts to wildlife. There was also a second leak at the well, which was emitting gas at a much reduced rate. There is no estimation of the volume of oil spilled or the amount of natural gas that is still coming from the wellhead.


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