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Business

Ebony's Linda Johnson Rice Joins Board of Tesla

Their appointments come after some shareholders last year criticised Tesla for its practice of staggering its election of board members throughout the year. Rice, apart from being CEO of JPC, is also CEO for Ebony Media Operations and chairman emeritus of Ebony Media Holdings, the parent company for the EBONY and Jet brands.

Business

Harley-Davidson Slashes Shipment Guidance; Stock Plunges

Stifel Nicolaus lowered their price target on Harley-Davidson from $61.00 to $55.00 and set a "hold" rating on the stock in a research report on Friday. The same period from a year ago had $1.55 in EPS and $1.67 billion in revenue. Harley-Davidson did not say how many employees would be impacted by the workforce changes.

Business

Sad robot takes dip in a fountain

A security robot in Washington DC was found in a water fountain in what Twitter users are calling a "suicide". "It drowned itself. We were promised flying cars, instead we got suicidal robots", he wrote. Of course, people were quick to draw comparisons between the sad K5 and Marvin - the depressed robot from Douglas Adams' bestselling novel, "The Hitchhiker's Guide to the Galaxy ".

Business

Man Involved in Minnesota Tesla Crash Denies Autopilot System Was to Blame

In the accident, minor injuries was the driver of the Tesla , a resident of Minnesota Dave Clark and his four passengers. David Clark, 58, wrote an email to the Kandiyohi County Sheriff's Office on Monday saying that he was confused in the moments following the crash and places no blame on his Tesla Model S Autopilot system , according to Reuters .

Business

Brexit uncertainty hits Scottish economy, say PwC

United Kingdom economic growth for the year is expected to falter this year, slipping from the 1.8% growth recorded in 2016 to just 1.5% this year, as uncertainty surrounding Britain's future relationship with Europe takes its toll. On the other hand, the weak pound should also have some offsetting benefits for net exports as will a stronger global economy, PwC said. "If insurers, regulators and government are able to work together to continue to allow cross-border insurance services ...

Business

Garth Brooks offers to pay for couple's Hawaii honeymoon

Drew Bargsley - the man who proposed - originally took his girlfriend as a birthday present before proposing. Trisha Yearwood , Brooks' wife, also performed during the concert and was asked by her husband if it's OK that he just funded the newly-engaged couple's honeymoon.

Business

Amazon launches meal kit service

It seems that Amazon's new meal kits are already on sale - at least, in select locations. On Tuesday, Amazon began selling kits that contain all the ingredients necessary to cook a selection of meals, including options such as stir fry, burgers, and tacos.

Business

Arsenal 'told to cough up £80million to sign Monaco winger Thomas Lemar'

However, Pires is hopeful that Lemar would soon be playing his football in North London. How this news will affect Arsene Wenger's plan for the remainder of the window remains to be seen, but the Frenchman has been tipped to reignite his interest in Leicester City winger Riyad Mahrez as an alternative to Lemar.

Business

Bank of America Corporation (BAC) Stake Held by Atwood & Palmer Inc

In related news, Director Thomas D. Woods purchased 25,000 shares of the firm's stock in a transaction that occurred on Thursday, April 27th. About 802,421 shares traded. SO's profit will be $703.36 million for 16.56 P/E if the $0.71 EPS becomes a reality. After $-0.32 actual EPS reported by Calpine Corporation for the previous quarter, Wall Street now forecasts -115.63% EPS growth.

Business

South Korea keen to talk with North Korea to defuse tension

That process was a way to push for North Korea's compliance with United Nations resolutions "in terms of abandoning its nuclear, WMD [weapons of mass destruction] and ballistic missile programmes in a complete, verifiable and irreversible manner and progress on all other issues of concern".

Business

Netflix surges on strong subscriber growth

Netflix shares rose more than 10% in after-hours trading following the announcement of its second-quarter earnings. All in all, the streaming giant took in a record $2.97 billion in revenue, up 32% over a year ago, while adding 5.2 million new subscribers - well above its own forecasts of 3.2 million new subscribers.

Business

Committee formed to check possibility of designing separate flag for Karnataka

It had also told the Karnataka High Court that it had not accepted suggestions to declare the red and yellow Kannada flag as the official state flag. If states have their flags, they could diminish the importance of the national flag. The then BJP government had taken the stand that a state flag would be against the unity and integrity of the nation.

Business

South Korea to aid $6 mn in North Korea's 2017 census

The offer of talks, the first since South Korea elected dovish President Moon Jae-In, came as the Red Cross in Seoul proposed a separate meeting to discuss reunions of families separated by the 1950-53 Korean War. In 2008, it provided the UNFPA $2.3 million for North Korea's population census and another $1.3 million for a social and demographic survey in 2015.

Business

Gatwick runway closed after burst tyre

The runway at Britain's London Gatwick airport was briefly closed on Monday after a plane's tyre burst during take off, a spokesman for the airport said. All flights have been re-routed to the airport's backup runway , setting of delays and cancellations for some travellers. Flights to and from Gatwick Airport are now being forced to use the backup runway after a plane's tyre burst during take-off.

Business

Gunaratne, Dickwella Power Sri Lanka to Historic Run Chase

It was also the highest successful run chase in Sri Lanka's Test history, and the fifth highest ever by any nation. However, Sri Lanka fought back through an unbroken sixth-wicket stand of 67 between Niroshan Dickwella and Asela Gunaratne , who is batting on gamely despite suffering from a hamstring injury.

Business

Goldman's Traders Turn In Worst First Half of Blankfein's Reign

The institutional investor held 62,838 shares of the finance company at the end of 2016Q4, valued at $15.05M, up from 57,697 at the end of the previous reported quarter. Bond-trading revenue tumbled 21% to $2.84 billion. (NYSE:GS) yearly performance is 40.64% and net profit margin is 20.00%. The Adams Express Company holds 104,400 shares with $25.00M value, up from 101,000 last quarter.

Business

Manchester United left back muddle puts them out of title race

Maybe its his time to fulfil his potential under Jose Mourinho this season. Having missed two good chances in the first game of the tour, Lukaku may have been feeling a bit of pressure to open his account. The greater meaning of the day, though, came from the debut of Manchester United's new star striker Romelu Lukaku , who arrived from Everton for almost $100 million transfer fee and officially only just joined the team in Los Angeles .

Business

Primark recall men's flip flops over fears of cancer-causing chemical

The flip-flops affected are thought to possibly contain a chemical called chrysene , a carcinogenic risk to humans. Shares in Associated British Foods closed up 0.2% at 2,859.14 pence Monday. Primark has suspended orders with a factory pending an investigation. The high street chain is now offering full refunds to customers. Primark has saved our skin during many a wardrobe-related crisis but if you've purchased a certain pair of flip-flops recently, you're owed a full refund.

Business

NZ inflation missing in action in second quarter; kiwi dollar drops

Given the increase in the inflation rate over the past few months, it makes a refreshing change to get a loosening of the squeeze on living standards rather than the opposite. The year-on-year Food and Non Alcoholic beverages inflation prone to transitory shocks stood at 1,82 percent while the Non-food inflation rate was -0,37 percent.

Business

Global Digital Content Market 2017 - Industry Analysis, Size and Share to 2021

On the basis of application , the global Duodenoscope market is segmented into Hospital, Clinic, Others. Along with strategically analyzing the key micro markets , the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Duodenoscope market .

Business

Voting for presidential election ends in MP

After Palaniswami, his cabinet colleagues including Forest Minister Dindigul C Srinivasan, and School Education Minister KA Sengottaiyan, rebel AIADMK leader O Panneerselvam, his loyalist and former Minister K Pandiarajan cast their votes .

Business

Earnings Analysis of: Anadarko Petroleum Corporation (APC)

The oil and gas producer reported $0.15 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.01. The PE ration is a market prospect ratio that calculates the market value of a stock relative to its earnings by comparing the market price per share by the earnings per share.

Business

Berkeley Group Holdings PLC

The firm has "Sell" rating given on Monday, July 3 by BMO Capital Markets. The stock of Amino Technologies Plc (LON:AMO) earned "Buy" rating by Canaccord Genuity on Monday, October 10. $174,967 worth of Welltower Inc (NYSE:HCN) was sold by KLIPSCH FRED S . 26,968 shares were sold by ESTES SCOTT A, worth $1.88M on Wednesday, March 1.

Business

Glenview Trust Co Lowers Stake in Marathon Petroleum Corporation (MPC)

Marathon Pete Corp now has $28.22B valuation. But PBF stock fell 0.4% since April 3, 2017. Marathon Petroleum Corp (NYSE: MPC ) opened its previous trading session at $53.68 later Inclining 0.15% to close its trade at a share price of $53.84.

Business

$0.41 EPS Expected for Antero Midstream Partners LP (AM) This Quarter

Summit Midstream Partners, LP (NYSE: SMLP ) has earned a consensus rating of "Hold" from the eight research firms that are now covering the company, Marketbeat Ratings reports. It has underperformed by 14.11% the S&P500. The business is scheduled to report its next quarterly earnings report on Tuesday, August 1st. The Return on Assets for Investa Office Fund (ASX:IOF) is 0.120052.

Business

USA state Department to make announcement about Iran nuclear deal

Iran is getting "contradictory signals" from U.S. President Donald Trump's administration about the fate of its landmark nuclear deal with world powers, Iranian Foreign Minister Mohammad Javad Zarif said on July 17. The nuclear deal stipulated a gradual lifting of the economic and diplomatic sanctions previously imposed on Iran in exchange for Tehran maintaining the strictly peaceful nature of its nuclear program.

Business

Walmart.com Apologizes for Racial Slur in Product Caption

Several people have sent Eyewitness News a screenshot of the image that shows the head of a mannequin with the Jagazi Natural full cap weaving net. Amazon and Walmart took some heat from customers after a third-party seller's racist color description of a hair weaving cap went viral.

Business

Uber tipping now an option offered by embattled ride-hailing service

As part of the Pittsburgh roll out, Uber will match tips given to drivers from 12 a.m.to 11:59 p.m. Tuesday. Starting today in Buffalo, drivers and riders will see the new tipping feature in the Uber app . Uber's move to activate tipping nationwide comes days after New York City's Taxi and Limousine Commission passed a measure requiring tipping in ride-hailing apps citywide.

Business

Houston Rockets owner Leslie Alexander is selling team

The value of the franchise has grown steadily since the Hakeem Olajuwon era, thanks in large part to Yao Ming's global appeal. Team CEO Tad Brown made the announcement at a news conference that owner Leslie Alexander chose to sell the club in the past few days.

Business

Netflix's surprising subscriber growth pushes stock higher

For the quarter, Netflix added more than 4.1 million subscribers overseas, exceeding its forecast of 2.6 million additions. Of those new subscribers 1.1 million were in the USA and the remaining 4.1m were global subscribers. Analysts await Netflix, Inc . Co-founder and Chief Executive Officer Reed Hastings has held up Facebook and YouTube as models for his company. Netflix can do what it can to alter the calculus of its operations in order to juice out a better earnings report, but ...

Business

IShares MSCI EAFE Small-Cap ETF

Source Real Estate S&P US Select Sector UCITS ETF (XRES.L) now has a 50-day moving average of 15.08, the 200-day is at 14.79, and the 7-day is 15.00. Some analysts believe that the ADX is one of the best trend strength indicators available. Investors may be studying other technical indicators like the Williams Percent Range or Williams %R.

Business

Rally in oil prices runs out of steam

First, last week's bearish news. The Organisation of Petroleum Exporting Countries has no control over the revolution caused by the production of shale oil in the United States, which is not a member. For example, Harrold Hamm, the CEO of Continental Resources (NYSE: CLR) warned his peers in a recent interview with CNBC to "back up, and be prudent and use some discipline.That's what we're doing at Continental and there are other CEOs I think that are probably doing the same thing".

Business

European Union says it is mulling tougher sanctions against NK

North Korean leader Kim Jong Un said he would never negotiate his weapons programs unless the USA abandons its hostile policy toward his country. The surplus with the United States was China's largest since October 2015. Indeed, in Russia's view, the United States deserves at least as much blame for tensions on the Korean Peninsula as Pyongyang does.

Business

Dominion Diamond Corporation (DDC) Closed its Previous Trade at $13.48

The value of the investment in Dominion Diamond Corporation went from $23,000 to $28,000 a change of 21.7% quarter over quarter. Finally, Renaissance Technologies LLC increased its position in shares of Dominion Diamond Corporation by 22.4% in the fourth quarter.

Business

BlackRock's portfolio rose 16% in the second quarter, but earnings miss

BlackRock, Inc . has a 1-year low of $329.58 and a 1-year high of $442.83. "(NYSE: BLK ) Shares Sold by Papp L Roy & Associates" was originally published by BBNS and is owned by of BBNS. Several brokerages recently issued reports on BLK. Bank of America Corporation reiterated a "buy" rating and issued a $450.00 price target on shares of BlackRock in a report on Monday, June 19th.


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