Finance

Mixed prospects for UK GDP despite 0.7% Q4 rise

The UK's gross domestic product (GDP) grew by 0.7% in the final three months of a year ago, up from an initial estimate of 0.6%. This will hit consumer spending. This was the result of statisticians downgrading growth during earlier periods of previous year. "The latest CBI Industrial Trends survey pointed to the fastest growth rate in manufacturing in two years, while the latest purchasing managers index tracking manufacturing pointed to the fastest rate in output in 30 months". Read More

Continue Reading »

Jay Z Is Launching A Venture Capitalist Firm

The serial entrepreneur will partner with his Roc Nation business partner Jay Brown. Jay-Z and Beyonce at the Grammy Awards. Jay Z is no stranger to the world of startups, and it looks like he is stepping his game up. At the time, the company was valued at $300 million and it is now valued at $62.5 billion. Venture capitalists put up money into fledgling businesses based on the belief that the company will become successful (and provide them with huge returns on their initial investment). Read More

Continue Reading »

First ISIS rocket attack on Israel from N. Sinai

In a statement on social media, the group said it had fired two Katyusha rockets at "southern Palestine", according to the Walla news site. The two rockets, which struck an open field in southern Israel and did not cause any damage or injuries, were fired shortly after the group accused Israel of killing five of its operatives in an airstrike Saturday. Read More

Continue Reading »

Yahoo warns customers of further breach

It explained that hackers had stolen the source code that it uses to generate cookies, and that it had invalidated the cookies after learning of the latest attacks. Although bank and payment information was not stolen, names, phone numbers, passwords and email addresses were all taken in the attacks. Yahoo could be facing another embarrassing security situation after it reportedly uncovered evidence of another troubling security breach. Read More

Continue Reading »

Milwaukee home to four semi-finalists for 2017 James Beard awards

Milwaukee home to four semi-finalists for 2017 James Beard awards

This is the fifth time that Silvana Salcido Esparza has made the list for the Best Chef: Southwest award, which recognizes "chefs who have set new or consistent standards of excellence in their respective regions". Collingswood's Sagami has vaulted into the big leagues, named as a semifinalist in the James Beard Awards' outstanding restaurant category alongside Jose Andres' Jaleo in Washington, D.C., David Chang's Momofuku Noodle Bar in New York City and L'Atelier de Joel Robuchon in Las ... Read More

Continue Reading »

Limited Upside from Cisco (CSCO) After Recent Rally

Ironwood Investment Management LLC boosted its stake in Cisco Systems by 0.3% in the third quarter. The consensus estimates are calling for $0.58 in EPS and $11.86 billion in revenue. IBD'S TAKE: Cisco's dividend yield is higher than those of Intel, Microsoft and Apple. The ex-dividend date is Wednesday, January 4th. Cisco Systems's payout ratio is presently 49.52%. Read More

Continue Reading »

Transcripts Of Flynn's Calls Don't Show Criminal Wrongdoing — Intelligence Official

Transcripts Of Flynn's Calls Don't Show Criminal Wrongdoing — Intelligence Official

He also denied a similar CNN report that said Trump associates, including Manafort and now-resigned National Security Adviser Michael Flynn, were regularly communicating with Russian nationals before the election. Spicer says Trump was briefed before and after dinner Saturday. "And if he has violated any law or ethical precept, he ought to be fired", Schumer said. Read More

Continue Reading »

Nationwide danger from structurally deficient bridges

In their findings, the organization says it means one or more of the key bridge elements such as the deck, super structure or substructure is considered to be in "poor" or worse condition. "It is outdated, overused, underfunded and in desperate need of modernization", Black said. Transportation Secretary Elaine Chao said during her confirmation hearing that the highway trust fund is "a huge issue" because it spends $10 billion more each year than it collects. Read More

Continue Reading »

Sonos becomes the latest company to hike United Kingdom prices

They're not the first major company to hike prices in response to the Brexit vote, and the subsequent collapse in sterling. Earlier this year Apple confirmed it would be raising the download prices in its App Store in the United Kingdom by 25%, while in October Microsoft also announced price increases for some of its software services in the United Kingdom triggered by the drop in value of the pound. Read More

Continue Reading »

JC Penney Company Inc (NYSE:JCP) & People's United Financial, Inc

J. C. Penney Company, Inc. (NYSE:JCP) according to Finviz Data is $-0.85. (NYSE: JCP ) for the current quarter is 56.4 percent. The department store operator reported ($0.21) EPS for the quarter, hitting the consensus estimate of ($0.21). Average true range (ATR-14) of the company is at 0.30. JCPenney is one of Americas leading retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the ... Read More

Continue Reading »

Teva Pharmaceutical Industries Limited (TEVA) Shares Sold by Loudon Investment Management LLC

Teva Pharmaceutical Industries Limited's payout ratio is now 67.44%. For the current quarter the stock has lowest EPS estimates of $1.17 and high estimate of $1.44. Among analysts who offered their Analysis on Teva Pharmaceutical Industries Limited (NYSE: TEVA )-6 analysts issued Strong buy for the stock, 8 analysts have given a Buy rating, 13 think it's a HOLD, 0 reported it as Underperform, while 0 analyst issued a Sell rating. Read More

Continue Reading »

Jamie Dornan Pranks Dakota Johnson During Sex Scenes?

Jamie Dornan Pranks Dakota Johnson During Sex Scenes?

When 50 Shades of Grey hit the theaters in February of 2015, girls were lined up outside the doors to movie theatres all over the country. She was more M&S than S&M and eventually ran off after his demands became too pervy. The second, albeit Valentine's Weekend, will probably be trounced by kids who want to see "The Batman Lego Movie", and then of course this wild reviewer will be perfectly happy to sit with a bag of Twizzlers and watch Keanu Reeves do all of his own stunts in "John ... Read More

Continue Reading »

Lowest Analyst Ratings in Its Peer Group

The highest analyst price target is $40.00, which implies a rally of 68 percent. The stock hit its 52-week high price on 06/08/16 and 52-week low price on 09/14/16. This represented an Earnings Surprise of 0%. Finally, Advantus Capital Management Inc increased its stake in shares of Whole Foods Market by 0.6% in the third quarter. Read More

Continue Reading »

Fed does not raise interest rates in first meeting of 2017

Fed does not raise interest rates in first meeting of 2017

In its latest statement about the economy, the Fed said: "Measures of consumer and business sentiment have improved of late". The vote was 10-0 to stand pat. The businessman-turned-politician has offered few specifics on his economic plans or a timeline for their rollout, while the announcement of policies viewed by many as protectionist and an immigration crackdown have caused market jitters in recent days. Read More

Continue Reading »