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Discovery to buy Scripps, home of HGTV, in $14.6B deal

The two companies announced Monday that Discovery acquired Scripps in a deal valued at $14.6 billion in cash and stock. Discovery is best known for TV channels including Animal Planet , Discovery Channel and Eurosport . Fewer people in the U.S. are paying for cable, satellite, and other pay-TV services. Wall Street said that while the deal produces a bigger company, there are questions about how it fares in a changing TV business.

Business

Jeep Compass drives in with ₹14.95 lakh starting price

Mark your calendar as Fiat Chrysler India is all set to launch the Jeep Compass on July 31, 2017. The five-seater Compass is the most economical SUV that Jeep has ever offered. The main difference all three is Compass Longitude does not have a Multiair petrol engine; it has only one engine Multijet II Diesel. At present it has 48 service outlets in India.

Business

Wyoming man who got life term as minor on track for release

Bryant has been cast as either a victim who was blamed by older kids who perpetrated the crime but wanted him to take the rap, or a cold-blooded killer who was at least one of the shooters executing the family as they begged for their lives.

Business

After Months Of Negotiations, Snapdeal Ends Merger Talks With Flipkart

Flipkart has already offered United States dollars 1750 million split between two back-to-back offers, being one of the highest offers in the industry. A Softbank spokesperson stated, "Supporting entrepreneurs and their vision and aspirations is at the heart of Masayoshi Son's and SoftBank's investment philosophy".

Business

Euro zone core inflation rises, unemployment drops

The numbers came a week after the International Monetary Fund (IMF) said the eurozone was strengthening, but warned of instability around Brexit and low inflation rates. The unemployment rate in the eurozone has fallen to its lowest since February 2009, according to the latest official figures. Non-energy industrial goods rose 0.5% compared with 0.4% growth in June.

Business

Did THIS Neymar nutmeg on Nelson Semedo spark Barcelona training scrap?

The unsettled 25 year-old Brazilian stormed off the practice pitch in disgust and has yet to commit his future to Barcelona ahead of the transfer deadline, still more than a month away. "He will have his say when he is ready and, as a team-mate, I will support him", Suarez said. Finally, club legend Andreas Iniesta added: " Neymar Jr is one of the best players and my team always wants the best".

Business

HSBC announces profit increase, share buyback in signs of turnaround

HSBC's dividends totalled $10.1 billion in 2016, $10 billion in 2015 and $9.6 billion in 2014. Revenue for the first half was marked at $26.2 billion, the bank said, down 11% from a year ago " primarily due to currency translation differences, the absence of fair value movements on our own debt and revenue from the operations in Brazil that we sold", HSBC said.

Business

Newspaper: Floods and power outages as Taiwan battered by Typhoon Nesat

So far, it has done little damage, except for flooding in some cities. The airline said in a statement that the 500 crew members applied for a typhoon day off in line with regulations at around 4 a.m. Almost 200 schools reported damage costing an estimated NT$17.8 million (S$800,000). As of 5pm, agricultural losses were estimated at NT$171.89 million (US$5.67 million).

Business

India thrash Sri Lanka by 304 runs to win first Test

We shouldn't blame anyone else. We expect a bit of turn in Galle . Mendis had batted at No. 4 in Galle , dropping one spot as the team played Gunathilaka. That was a 400-run track", Gurusinha said. "It was one of our plans that worked against him, and I'm really happy about that", he said after day two.

Business

'Incredible shrinking airline seat' gets U.S. court rebuke

Airlines contend that increasing the number of seats on an airplane is good for both the bottom line of the carrier and a traveler's wallet. Flyers Rights, the plaintiffs in the case, noted airline seats had shrunk from an average width of 18.5 inches in the early 2000s to 17 inches by about 2005, while the average pitch between seats "has decreased from an average of 35 inches to 31 inches, and in some airplanes has fallen as low as 28 inches".

Business

President Trump names John Kelly as Chief of Staff, replaces Reince Priebus

Trump announced the move in a tweet a day after his new Communications Director, Anthony Scaramucci , accused Priebus of leaking information to reporters in a profanity-laced tirade. Nevertheless, Scaramucci escalated tensions by comparing himself and Priebus to "Cain and Abel" in a CNN interview Thursday morning. Both during the 2016 USA presidential race and after Trump's victory a number of media outlets and U.S.

Business

Fiat Chrysler Automobiles NV (BIT:F) PT Set at €8.50 by Macquarie

Morgan Stanley raised their price objective on shares of Fiat Chrysler Automobiles N.V. from $14.00 to $15.00 and gave the stock an "overweight" rating in a report on Friday, April 28th. The company's 50 day moving average is $11.21 and its 200 day moving average is $10.89. Next quarter's EPS is forecasted at $0.57 and the next full year EPS is anticipated to be $2.79.

Business

Pearson Airport Baggage Handlers and Ground Crew on Strike

The workers, which include baggage and cargo handlers and cabin cleaners, walked off the job before 10 p.m. Thursday. The unionized workers are employed by Swissport, a company that services 30 airlines at the airport including Transat and Sunwing, and large global airlines such as Cathay Pacific, KLM, Lufthansa, Air France, British Airways, Alitalia and El Al.

Business

Sprint Looking for Options to T-Mobile Merger

Charter's market capitalisation, at $94.6 billion, is much larger than Sprint, which closed trading valued at $32.8 billion on Friday. Sprint was in a period of exclusive negotiations for two months with Comcast and Charter over the possibility of a wireless partnership.

Business

Russian Federation hits back over new U.S. sanctions

Republicans and Democrats have pushed for more sanctions partly as a response to conclusions by US intelligence agencies that the Kremlin interfered in the election. Trump's new communications director, Anthony Scaramucci, hedged the inevitability that Trump will sign, telling CNN's New Day on Thursday that the president "may sign the sanctions exactly the way they are or he may veto the sanctions and negotiate an even tougher deal against the Russians".

Business

BB&T Corporation (BBT), Cabot Oil & Gas Corporation (COG)

The hedge fund run by Kurt Billick held 236,448 shares of the oil & gas production company at the end of 2016Q4, valued at $5.52 million, down from 688,567 at the end of the previous reported quarter. Shareholders of record on Friday, August 25th will be given a $0.315 dividend. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. The ex-dividend date is Wednesday, August 23rd.

Business

Jeff Bezos Becomes World Richest Person According to Forbes Overtaking Bill Gates

They hit $1,083.31 at about noon Thursday. The company also boasted in its earnings report that its original programming shows like Transparent and Catastrophe , are up for 16 Emmy Awards while its feature-length film, The Big Sick , is rocking a 98 percent on Rotten Tomatoes.

Business

Should You Buy Verizon Communications Inc. (NYSE:VZ) On Current Analyst Views?

It has underperformed by 25.18% the S&P500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Investors sentiment increased to 1.11 in 2016 Q4. The average daily volatility for the week was at 1.7%, which was 0.43 higher than that in the past month.

Business

CAGW President Tom Schatz Statement on Tax Reform

It was meant to discourage companies from manufacturing products overseas and then importing them into the USA for sale instead of producing goods in the US. The joint statement said another goal is to place an emphasis on "permanence". The Wisconsin Republican said health care was a complicated legislative effort for the party to find consensus, but the GOP - along with President Donald Trump - can all agree on streamlining taxes.

Business

Russian Federation orders out U.S. diplomatic staff, may seize properties

The Senate has approved a new package of stiff financial sanctions against Russia, Iran and North Korea. The bill goes to President Donald Trump , who could give it final approval or veto it. Russia's moves came a day after the U.S. Senate voted to slap new sanctions on Russian Federation, putting President Donald Trump in a tough position by forcing him to take a hard line against Moscow or veto the legislation and anger his own Republican Party.

Business

Host Hotels & Resorts, Inc. (NYSE:HST) Valuation According To Analysts

During the session shares stayed in the range from $18.02 to $18.75. 2,828 Host Hotels and Resorts Inc (NYSE:HST) shares with value of $49,745 were sold by RAKOWICH WALTER C. Creative Planning boosted its stake in shares of Host Hotels & Resorts by 1.8% in the first quarter. On the basis of dividend yield, this stock can reward an investor a capital gain along with the very rich dividend.

Business

Tesla Unveils $35000 Model 3 Sedan

But with prices approaching and exceeding $100,000, few could afford them. At its unveiling previous year, Elon Musk would only say the Model 3 would hit 100km/h in less than six seconds and be able to travel for a maximum of 345km on a single charge .

Business

Dow Ends At Record; S&P 500, Nasdaq See Weekly Fall

Investors were also digesting data showing the US economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment. The Dow rose 250.24 points, or 1.2 percent. Health care stocks also fell Friday, but less than the rest of the market, following the Senate's latest stumble in its drive to revamp the country's health care system.

Business

Cone Midstream Partners LP

The SI to Repligen Corporation's float is 9.92%. The stock declined 5.71% or $1.35 reaching $22.3 per share. It is down 0.00% since July 28, 2016 and is. Its down 12.11% from 63.20 million shares previously. Saratoga Inv Management stated it has 0.03% in Magellan Midstream Partners, L.P. (NYSE:MMP). 5,955 were reported by First Foundation Advsr.

Business

BP Plc (NYSE:BP) Has Decline in Shorts

Other hedge funds and other institutional investors also recently modified their holdings of the company. Crestwood Advisors Group LLC acquired a new stake in shares of BP p.l.c. Shares of BP p.l.c. BP p.l.c. (NYSE:BP). If you are reading this story on another site, it was copied illegally and reposted in violation of US and global copyright law.

Business

GlaxoSmithKline plc's (GSK) "Buy" Rating Reiterated at Investec

Bronfman E.L. Rothschild L.P. now owns 2,410 shares of the pharmaceutical company's stock valued at $102,000 after buying an additional 753 shares during the last quarter. The ex-dividend date is Thursday, August 10th. Glaxosmithkline Plc now has $98.11 billion valuation. The returns on assets of firm also presenting perceptible condition of profitability, it has ROA of 4.30%, the very positive ratio starts from +15% and very negative hits to -15%.

Business

New wildfire evacuation order in BC, affects handful of Clinton-area homes

Thousands of wildfire evacuees from the Williams Lake, B.C. area are finally being allowed to return home, but officials warn they should be ready to leave again at a moment's notice. The Thompson-Nicola Regional District has declared a state of local emergency due to the rapidly moving fire, named the Martin Mountain Fire. The public is also reminded that airspace over fires is restricted, so that aircraft engaged in fire suppression can operate safely.

Business

Christy Clark thanks BC Liberal party members after announcing looming resignation

Harrison said there was a possibility that Clark would try to maintain the Liberal leadership in case the NDP-Green government fails, especially since she tried to hold on to government after the election - even after the NDP and Greens had reached an agreement.

Business

Trending Stock Analysis Report: Fmsa Holdings Inc (NYSE:FMSA)

Yet another important factor while evaluating a good buy/sell decision for Fairmount Santrol Holdings Inc. (NYSE: FMSA ) is 63.00000. The Q.i. The F-Score may help discover companies with strengthening balance sheets. (NYSE:FMSA) shares saw a recent bid of $2.70 and 8.36M shares have exchanged hands in the recent trading session, yielding a -27.03% decline over the past week.FMSA price increased 1.89% or $-0.05 versus $2.65 at the end of the prior session.

Business

Trump's Treasury nixes struggling Obama-era government-run retirement program

But the U.S. Treasury Department said Friday the program had cost taxpayers $70 million to run and that savers had only put $34 million into the accounts. Fortunately, ample private-sector solutions exist, which resulted in less appeal for myRA. Announced with great fanfare by President Obama in his 2014 State of the Union address, the Treasury Department developed the framework for the government-sponsored IRA program over the next 10 months, implementing the plan in November 2015.

Business

Analyst Buzz: Yamana Gold, Inc. (AUY)

Vetr upgraded shares of Yamana Gold from a buy rating to a strong-buy rating and set a $3.33 price objective for the company in a research report on Wednesday, April 19th. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & worldwide trademark and copyright law.

Business

Wells Fargo will pay $80 million to overcharged auto loan consumers

Wells Fargo & Co now has $266.61B valuation. 19,972,272 shares of the company's stock traded hands. 17,151,559 shares of the company traded hands. The loans involved Wells Fargo Dealers Services clients, which the bank said "may have been financially harmed due to issues related to auto collateral protection insurance" between 2012 and 2017.

Business

Finally, the FDA proposes to cut to cigarette nicotine

British American Tobacco shares, trading close to all-time highs, fell as much as 11 percent and were on track for their biggest one-day loss in almost 18 years. The idea is to make cigarettes less addictive for new smokers, but the policy is apt to hurt current smokers by forcing them to absorb more toxins and carcinogens along with their usual dose of nicotine.

Business

Free lipstick giveaway for National Lipstick Day

To our delight, MAC is celebrating National Lipstick Day in a fabulous fashion with the brand's Lips Lips Lips offering. By participating, you'll not only score yourself a free lipstick , you're also doing your bit for the environment. Mac will be handing out the lipsticks until stock lasts - y'know what they say - the early bird catches the worm. You can find Tri-State M.A.C. Cosmetics locations at Kenwood Towne Center, inside Macy's at Tri-County Mall and inside Dillard's at Liberty ...

Business

After Earnings Party: Amazon.com, Inc. (AMZN), Starbucks Corporation (SBUX)

GSA Capital Partners LLP acquired a new stake in shares of Amazon .com during the fourth quarter valued at approximately $1,875,000. Dixon Hubard Feinour & Brown Inc. During the same period a year ago, the company earned $1.78 EPS. The firm's revenue was up 24.8% on a year-over-year basis. On average, equities research analysts expect that Amazon .com will post $6.72 earnings per share for the current fiscal year.


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