Business

Business Sears no longer carrying Whirlpool appliances
Author: 0 Sears no longer carrying Whirlpool appliances

Sears Holdings Corp . said Sears stores will no longer sell Whirlpool appliances, ending a 101-year relationship between the companies. Whirlpool shares were trading down 10 percent, while Sears rose marginally. On Monday, Michigan-based Whirlpool reported an increase in profit for the third quarter from previous year, but the results missed analysts' estimates.

Business Lockheed Martin sales, profit miss Wall Street estimates
Author: 0 Lockheed Martin sales, profit miss Wall Street estimates

Navellier & Associates Inc sold 24,436 shares as the company's stock rose 2.80% with the market. Sigma Planning holds 0.29% or 11,263 shares. Burney reported 24,329 shares stake. The rating was upgraded by Sterne Agee CRT on Thursday, August 20 to "Buy". The firm has "Hold" rating by Cowen & Co given on Wednesday, August 23. Its up 0.23, from 0.85 in 2017Q1.

Author: 0 FAA investigating another Air Canada incident at San Francisco Airport

Air traffic controllers had cleared the plane to land and the flight crew acknowledged the instruction when they were 6 miles away from the airport, Gregor said. When an adjacent runway is shut down at night, air traffic controllers will no longer let pilots make so-called visual approaches to land. In July , the pilot flying Air Canada Flight 759 from Toronto to San Francisco lined the plane up with a taxiway that ran parallel to runway 28R.

Business Lord & Taylor to Become WeWork Headquarters in NYC Flagship Sale
Author: 0 Lord & Taylor to Become WeWork Headquarters in NYC Flagship Sale

Commercial-real-estate firm WeWork's $1-billion purchase of the Hudson's Bay Co.'s flagship Lord and Taylor store making waves in NY will send ripples through downtown Vancouver's commercial real estate market. Land & Buildings holds about 5 percent of HBC shares. WeWork, leased seven floors in the Bentall III tower downtown earlier this year, most of which was quickly snapped up by online retail giant Amazon to expand its already substantial presence in Vancouver, according to a report in ...

Business Infosys posts strong profit, cuts full-year revenue forecast
Author: 0 Infosys posts strong profit, cuts full-year revenue forecast

Nandan Nilekani , a co-founder and a former CEO, was named chairman with the company continuing to search for a new CEO. The company that is now being led by Co-founder Nandan Nilekani lowered its revenue forecast for the year today as part of its second quarter results announcement.

Author: 0 Caterpillar Inc. (CAT) Shares Surge On Strong Earnings & Outlook

It expects adjusted earnings of $6.25 per share, up from the $5.00. Investors are on alert as Caterpillar Inc. The stock rose 0.27% or $0.36 reaching $131.72. Its up 0.25, from 0.71 in 2017Q1. 110 funds opened positions while 307 raised stakes. 345.02 million shares or 4.03% more from 331.66 million shares in 2017Q1 were reported.

Business Session Recap: Viewing Unusual Volume for General Electric Company (NYSE:GE)
Author: 0 Session Recap: Viewing Unusual Volume for General Electric Company (NYSE:GE)

Therefore 46% are positive. On average, analysts predict that General Electric will post $1.53 EPS for the current year. During the last 52 weeks, the (NYSE:GE) price has been as high as $32.38 and as low as $22.1. Marshwinds Advisory reported 2.31% stake. Sky Investment Grp Ltd Liability accumulated 159,133 shares. In taking a look at some additional key numbers, General Electric Company (NYSE:GE) has a current ERP5 Rank of 10224.

Business Spire Healthcare rejects £1.2bn Mediclinic takeover bid
Author: 0 Spire Healthcare rejects £1.2bn Mediclinic takeover bid

Spire shares closed at 261.3 pence on Friday, having climbed 5.8 percent on the day amid speculation that Mediclinic was examining an approach and giving the British company a market capitalization of about 1 billion pounds. The FTSE 100 South African private hospitals operator already owns nearly 30 per cent of Spire and has moved to snap up the rest in a £1.2 billion deal.

Author: 0 Dividend Diamond in Focus: Enable Midstream Partners, LP (NYSE:ENBL)

It increased, as 38 investors sold Magellan Midstream Partners, L.P. shares while 153 reduced holdings. FelCor Lodging Trust Incorporated (NYSE:FCH) has risen 12.34% since October 23, 2016 and is uptrending. Investors of record on Tuesday, November 7th will be issued a $0.78 dividend. Its up 0.07, from 0.83 in 2017Q1. It dropped, as 62 investors sold BA shares while 534 reduced holdings.

Business Amazon mistakenly mails customers 65 pounds of marijuana
Author: 0 Amazon mistakenly mails customers 65 pounds of marijuana

When opening an Amazon package at their Orlando home, the couple was shocked to find 65 pounds of marijuana inside. As expected, the boxes containing the bins arrived swiftly-but they seemed unusually heavy. Eventually, the couple received an email and a $150 gift card with the message, "I am unable to do anything else at this time". "There was no concern for a customer's safety", the woman said.

Business Meijer Recalling Fresh Veggies Over Listeria Concerns
Author: 0 Meijer Recalling Fresh Veggies Over Listeria Concerns

The veggies were sold between September 27 and October 20 and were packaged in plastic containers or on foam trays with printed labels. They include broccoli, cauliflower, asparagus, zucchini, squash and peppers in plastic containers or foam trays with printed labels.

Business Hasbro Q4 Guidance Drags Down Toy Industry, Toys
Author: 0 Hasbro Q4 Guidance Drags Down Toy Industry, Toys"R"Us To Blame"

Hasbro said it remained unsure how frequently it will be able to ship items to the retailer during the holiday season, a time many chains such as Target tgt ring up about half of their annual toy sales. Still, he said of Toys "R" Us , "we are working with them as we enter the holiday period". Despite Hasbro's lowered expectations, the company still expects for its fourth-quarter revenues to increase by 4% to 7%.

Author: 0 Choices: Amazon says it got 238 entries for 2nd headquarters

The plan proposes four sites - Chula Vista, downtown, Mission Valley and Otay Mesa. Chicago officials officially submitted a proposal earlier this week for what's being called HQ2. A mayor in Texas offering to build his city around the company. The San Diego County Board of Supervisors also voted to send a letter to Amazon CEO Jeff Bezos in support of the local bid.

Business Why Halliburton Company's (HAL) Investor Composition Impacts Your Returns
Author: 0 Why Halliburton Company's (HAL) Investor Composition Impacts Your Returns

During the same period in the prior year, the business posted $0.01 EPS. They presently have a $56.70 price objective on the oilfield services company's stock. The company's quarterly EPS surprised Wall Street by as much as 50% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

Business Oil prices seesaw as traders focus on Iraq disruptions, United States shale
Author: 0 Oil prices seesaw as traders focus on Iraq disruptions, United States shale

But analysts said the reduction in drilling rigs in the United States could prove temporary as activity had been restrained by hurricane threats. U.S. Typically, the pipeline transports about 600,000 bpd. In that vein, the Organization of the Petroleum Exporting Countries said that in September, its members and countries those outside OPEC achieved 120% compliance with the current output agreement.

Author: 0 European Union carries out new antitrust raids on German carmakers

Less than a week after BMW's offices were raided, more German auto manufacturers had their premises "inspected" by the European Commission on Monday, according to a statement that did not identify the companies. The raids are linked to a report in Der Spiegel that Volkswagen, Daimler and fellow German carmakers Audi, Porsche and BMW secretly worked together from the 1990s on auto development, construction and logistics - including how to meet increasingly tough diesel emissions standards.

Business Cisco acquires BroadSoft for $1.9B, furthers software-centric diversification effort
Author: 0 Cisco acquires BroadSoft for $1.9B, furthers software-centric diversification effort

Among 43 analysts covering Nvidia Corporation ( NASDAQ:NVDA ), 23 have Buy rating, 5 Sell and 15 Hold. After a recent check, it is observed that the insiders for the firm now own 0.10% shares. The ex-dividend date of this dividend is Wednesday, January 4th. Moreover, Ativo Limited Liability Co has 0.59% invested in Cisco Systems, Inc . Keybank National Association sold 23,098 shares as Cisco Sys Inc ( CSCO)'s stock declined 7.50%.

Business New London pollution tax comes into force
Author: 0 New London pollution tax comes into force

But Transport for London suggests that anyone who has a vehicle registered before 2008 checks if it is eligible for the charge . The charge is meant to prepare Londoners for the introduction of an Ultra-Low Emission Zone across the city center from April 2019.

Business Celtics guard Kyrie Irving fined $25K for inappropriate language
Author: 0 Celtics guard Kyrie Irving fined $25K for inappropriate language

The league said Irving was fined for using inappropriate language when responding to a fan at halftime of the Celtics' 102-92 win over the Philadelphia 76ers Friday. "I'm glad he got his ad name out there and then kinda five seconds of fame and it going viral". That's the social media platform we live on. It's in heat of the moment, and frustrations arises.

Business Nokia 7 Specs, Features, Price: Everything You Need To Know
Author: 0 Nokia 7 Specs, Features, Price: Everything You Need To Know

The new Nokia 3310 is set to return to the US market soon, and new reports reveal that it will finally support 3G. The picture confirms some of the features we expect to see in the new flagship. The Nokia 2 is said to be launched with Android 7.1.1 Nougat out of the box and feature an 8MP main camera at its rear with LED flash and a 5MP selfie camera as well.

Business Philip Morris misses 3Q profit forecasts
Author: 0 Philip Morris misses 3Q profit forecasts

About 382,236 shares traded or 2.23% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since October 22, 2016 and is uptrending. It has outperformed by 2.72% the S&P500. Fifth Third Bank & Trust holds 0.33% of its portfolio in Philip Morris International Inc. (NYSE:NVR) for 633 shares. Modera Wealth Management Limited Liability has invested 0.21% in Philip Morris International Inc.

Business Letter by Titanic victim sold for record price in Britain
Author: 0 Letter by Titanic victim sold for record price in Britain

The handwritten letter on oversized, embossed Titanic stationery was written by First Class victim Alexander Oskar Holverson to his mother on April 13th 1912. More than 1,500 passengers and crew members perished. "They sit on the deck with the rest of us", - writes Halverson. Holverson died; the letter was recovered from his body.

Business FAA Proposes Worldwide Laptop Ban in Luggage
Author: 0 FAA Proposes Worldwide Laptop Ban in Luggage

The International Civil Aviation Organisation (ICAO) will consider calls for a ban submitted by the US Federal Aviation Administration when its unsafe goods panel meets later this month. The U.S. Federal Aviation Administration (FAA) has not commented on the proposal. After about 40 seconds, the aerosol can exploded and the fire grew.

Business Modi inaugurates ferry service in Gujarat; to kickstart development schemes
Author: 0 Modi inaugurates ferry service in Gujarat; to kickstart development schemes

That time I was not the Prime Minister, I was the Chief Minister of Gujarat . "Its a dream come true for people of Gujarat", PM Modi said as he launched the first phase of the project. Reports state that the ferry will reduce the seven to eight hours of travel time between Ghogha and Dahej to just one hour after the service begins.

Business Brokers Issue Forecasts for International Business Machines Corporation's Q1 2018 Earnings (IBM)
Author: 0 Brokers Issue Forecasts for International Business Machines Corporation's Q1 2018 Earnings (IBM)

The stock increased 0.73% or $1.17 on October 20, reaching $162.07. K.J. Harrison & Partners Inc lifted its holdings in International Business Machines Corporation by 0.4% during the 1st quarter. Since May 16, 2017, it had 1 buying transaction, and 0 sales for $263,180 activity. ValuEngine upgraded shares of International Business Machines Corporation from a hold rating to a buy rating in a research note on Monday, October 2nd.

Author: 0 Nomura Holdings Inc. Purchases 60759 Shares of Occidental Petroleum Corporation (OXY)

The stock increased 0.97% or $0.63 on October 20, reaching $65.47. 115635 shares were traded on SandRidge Mississippian Trust II's last session. It is up 53.38% since October 21, 2016 and is uptrending. Finally, Barclays PLC increased their price target on shares of Occidental Petroleum Corporation from $38.00 to $40.00 and gave the stock an "underweight" rating in a research report on Wednesday, October 11th.

Author: 0 Analysts Anticipate Marathon Petroleum Corporation (MPC) to Announce $1.46 EPS

Impax Laboratories, Inc . (NASDAQ:IPXL)posting a -2.10% after which it closed the day' session at $21.00 and sees an average of 1.83M shares trade hands in each session while it's while its relative trading volume is 2.45. Hedge funds and other institutional investors have recently made changes to their positions in the company. BidaskClub cut shares of Marathon Petroleum Corporation from a hold rating to a sell rating in a report on Saturday, August 19th.