Business

Business Nokia denies reported takeover talks with Juniper Networks
Author: 0 Nokia denies reported takeover talks with Juniper Networks

Following the completion of the transaction, the director now directly owns 22,543 shares of the company's stock, valued at $551,852.64. Other hedge funds have also recently made changes to their positions in the company. Juniper Networks had a return on equity of 13.19% and a net margin of 12.05%. The stock was sold at an average price of $26.24, for a total transaction of $422,464.00.

Business Investors Sell Kroger (KR) on Strength (KR)
Author: 0 Investors Sell Kroger (KR) on Strength (KR)

Principal Financial Group Inc. now owns 6,596,264 shares of the company's stock worth $153,825,000 after buying an additional 4,740,751 shares during the last quarter. Vetr upgraded Kroger from a "buy" rating to a "strong-buy" rating and set a $27.01 price objective on the stock in a report on Wednesday, August 9th.

Business Verizon to launch 5G wireless residential broadband service next year
Author: 0 Verizon to launch 5G wireless residential broadband service next year

Boltwood Capital Management boosted its stake in shares of Verizon Communications Inc. Ronna Sue Cohen holds 0.16% of its portfolio in Verizon Communications Inc. In other Verizon Communications news, EVP Craig L. Silliman sold 610 shares of the company's stock in a transaction that occurred on Monday, November 27th.

Business Barnes & Noble Q2 Results Miss Estimates; Stock Down
Author: 0 Barnes & Noble Q2 Results Miss Estimates; Stock Down

Vanguard Group Inc. now owns 6,348,364 shares of the specialty retailer's stock valued at $58,723,000 after acquiring an additional 407,488 shares during the last quarter. Turning to J. C. Penney Company, Inc. Barnes & Noble had a return on equity of 4.48% and a net margin of 0.67%. The firm has a market cap of $548.35, a P/E ratio of 22.88, a price-to-earnings-growth ratio of 1.48 and a beta of 2.60.

Business Alaska Airlines to investigate sexual harassment claim made by former Facebook exec
Author: 0 Alaska Airlines to investigate sexual harassment claim made by former Facebook exec

According to CNN, Zuckerberg was offered another seat at the back of the plane but didn't take it because she didn't think she should have to give up her seat because the man was harassing her. The Federal Aviation Administration in an air carrier operations bulletin says that boarding of passengers who appear to be intoxicated is a violation of aviation regulations, and that airlines should have procedures to handle unruly passengers under the influence of alcohol.

Business Dow opens above 24000 for first time
Author: 0 Dow opens above 24000 for first time

Stocks turned in a mixed performance during trading on Wednesday following the broad based rally seen in the previous session. Just after midday Eastern time, the Dow Jones Industrial Average was up 350 points, or 1.5 percent, at 24,293 and the S&P 500 was up 28 points, or 1 percent, at 2,654.

Business Applebees Is Now Selling $1 Long Island Iced Teas
Author: 0 Applebees Is Now Selling $1 Long Island Iced Teas

Incredibly, there's no limit on the drinks per customer, and the size is listed as a "tall mug". As always, Applebees wants to remind everyone to drink responsibly which, in this case, might mean sticking to soda. Well worth your dollar! Want to get your hands on the "Dollar L.I.T." in MA? Applebee's Neighborhood Grill + Bar offers a lively casual dining experience combining simple, craveable American fare, classic drinks and local drafts.

Business American Airlines accused of pilot rostering blunder
Author: 0 American Airlines accused of pilot rostering blunder

About 15,000 flights could be canceled due to the glitch. American Airlines doesn't have a detailed explanation for exactly what caused this, but they're hoping to solve the problem by giving pilots fifty percent more than they usually get paid to pick up the empty shifts.

Business India's GDP grows 6.3 percent, up from 5.7 percent
Author: 0 India's GDP grows 6.3 percent, up from 5.7 percent

The economic activities which registered growth of over 6.0 percent in Q2 of 2017-18 are "manufacturing", "electricity, gas, water supply and other utility services and 'trade, hotels, transport and and services related to broadcasting". This implies slowly and the steadily Indian economy has rebounded from lingering effects of demonitisation and GST . The agriculture, forestry and fishing sector is estimated to have grown by 1.7 per cent.

Business India needs to upgrade infrastructure to become developed economy: Jaitley
Author: 0 India needs to upgrade infrastructure to become developed economy: Jaitley

Addressing a Defence Estate function in New Delhi , Mr Jaitley said, India needs to upgrade its infrastructure in coming two decades to become a developed economy. "We created a National Infrastructure Investment Fund, in which govt. has put investment, and investments from foreign investors are being expected", added Jaitley after hinting over an investment worth Rs.

Business Atlanta investment firm buys Buffalo Wild Wings chain
Author: 0 Atlanta investment firm buys Buffalo Wild Wings chain

Canaccord Genuity restated a "hold" rating and issued a $157.00 price objective on shares of Buffalo Wild Wings in a report on Tuesday. Stephens reaffirmed an "equal weight" rating and issued a $145.00 price target on shares of Buffalo Wild Wings in a research note on Wednesday, July 26th.

Business OPEC+ committee recommends oil production cut deal extension - minister
Author: 0 OPEC+ committee recommends oil production cut deal extension - minister

Data released Wednesday by the U.S. Energy Information Administration revealed U.S. commercial crude inventories dropped by 3.4 million barrels, versus expectations for a 2.3-million-barrel drawdown. OPEC and non-OPEC countries made a decision to extend oil output cuts for nine months in Vienna on May 25. What is preying much more on owners' minds is the uncertainty over fuel types and prices after 2020 when the new global sulphur cap on fuels used outside of ECAs kicks in.

Business Chipotle founder, CEO Ells to step down
Author: 0 Chipotle founder, CEO Ells to step down

Shares of the company are down more than 60% since peaking in August 2015. Around the same time, Chipotle began dealing with the first in a long series of scandals. Mr. Moran, a school friend of Mr. Ells, took home similar amounts. The Board has formed a search committee comprised of Directors Robin Hickenlooper and Ali Namvar, as well as Ells, to identify a new leader with demonstrated turnaround expertise to help address the challenges facing the company, improve execution, build ...

Business Sensex Slumps Over 450 Points Ahead Of GDP Data
Author: 0 Sensex Slumps Over 450 Points Ahead Of GDP Data

Participants also kept their portfolios at a low ebb ahead of the second quarter GDP numbers. The Sensex touched a high of 33,576.20 points and a low of 33,108.72 during intra-day trade. Reliance Industries , Axis Bank , Kotak Bank , Hindalco and UPL were among the worst performers in the Nifty pack, with losses ranging between 2 percent and 3 percent.

Business Major League Soccer selects Detroit as finalist for expansion team
Author: 0 Major League Soccer selects Detroit as finalist for expansion team

Don Garber announced on Wednesday the four finalist cities - Cincinnati , Detroit , Nashville and Sacramento - for two Major League Soccer expansion teams to be awarded in the next round of franchise expansion. The league made it clear that while only Cincinnati , Detroit , Nashville and Sacramento are receiving consideration for the next two expansion teams, the 12 markets are under consideration for the following two expansion clubs that will be announced at a later time.

Business Another sunny, mild day expected for central Pa. on Tuesday
Author: 0 Another sunny, mild day expected for central Pa. on Tuesday

Temperatures are forecast to dip back down to the lower 40s overnight. At this point, freezing temperatures are not expected, but stay tuned for updates. Very windy, with a north northeast wind 21 to 30 miles per hour. Northwest winds 0-5 miles per hour. Low: 42. High: 69. Saturday . Partly sunny. Small rain chance.

Business Nestle refutes charge of using 'ash' in Maggi
Author: 0 Nestle refutes charge of using 'ash' in Maggi

According to authorities, the samples of Maggi noodles were collected previous year in November and were sent for lab tests. Maggi noodles was banned in June 2015 for six months after India's food regulator said the product was "unsafe and hazardous" levels of lead.

Business Matt Lauer: NBC sacks Today Show host over alleged 'inappropriate sexual behaviour'
Author: 0 Matt Lauer: NBC sacks Today Show host over alleged 'inappropriate sexual behaviour'

The New York Times reports that two more women have come forward in the wake of Lauer's firing, which the network announced Wednesday morning after a complaint was filed against Lauer on Monday. On Twitter, the programme said : "On Monday night, we received a detailed complaint from a colleague about inappropriate sexual behaviour in the workplace by Matt Lauer ".

Business Mourinho will be hoping the other Ozil turns up at Arsenal
Author: 0 Mourinho will be hoping the other Ozil turns up at Arsenal

Asked whether he expected Mourinho to park the bus with a defensive outlook on Saturday, Wenger replied: "No, I don't expect anything special". As long as they [Sanchez and Ozil] are here, they have to give their all for the club. Mesut Ozil's transfer from Arsenal to Manchester United appears to be a "shoo-in", according to former Gunners striker Ian Wright. It was not all positives for Wenger , however, as Lacazette was substituted at half-time with a groin injury, while Sanchez was ...

Business Automation could take up to 800M jobs by 2030
Author: 0 Automation could take up to 800M jobs by 2030

The McKinsey Global Institute has predicted that 375mn workers will be forced to differentiate occupationally by 2030 as a result of the rise of automated solutions. In good old Blighty, 20 per cent of jobs are expected to be lost. providing there are any jobs left after Brexit. "We're going to have to think about learning and training throughout the course of your career".

Business Thousands of American Airlines Flights Under Threat Ahead of CWL Dallas
Author: 0 Thousands of American Airlines Flights Under Threat Ahead of CWL Dallas

An American Airlines Boeing 757 aircraft takes off at the Charles de Gaulle airport in Roissy, France, August 9, 2016. John Cox, chief executive officer of consultant Safety Operating Systems said that at the least the airline would have to pay the crew more but he did not think there would be mass cancellations.

Author: 0 Jet signs enhanced cooperation pact with Air France-KLM

Jet Airways expanded its code-sharing agreement with Air France KLM for the development of their operations between Europe and India. Speaking about rising demand for seats in the India- Europe-North America sector, Janaillac said of the over 1,200,000 customers ferried between India and Europe last by Air France-KLM-Jet combine, half of them were travelling onward to North America.

Author: 0 Viagra to be sold without prescription in Britain

The Medicines and Healthcare products Regulatory Agency ( MHRA ) declared that it is reclassifying Viagra Connect pills in order to hand over the counter in pharmacies so it can be sold. The regulator said it hoped making the drug more widely available will mean that men who may have not previously sought help will be more likely to do so.

Business Retailers jump after strong Black Friday, stocks little changed
Author: 0 Retailers jump after strong Black Friday, stocks little changed

Adobe expects online sales to top $107 billion this holiday season. The multichannel shopper spent $82 more on average than the online-only shopper, and $49 more on average than those shoppers who only shopped in stores. Black Friday (November 24) reached $2.36 billion, marking the first time it reached the $2 billion milestone from desktop sales alone. But, Shay said, retailers today are like consumers, they don't differentiate between whether something is bought online or in stores.

Business Home prices rising at fastest rate in years: Case-Shiller
Author: 0 Home prices rising at fastest rate in years: Case-Shiller

Month-over-month, the U.S. Index rose 0.4% in September before seasonal adjustment, while the 10-city rose 0.5% and the 20-city index rose 0.4% from August to September. Sixteen cities saw their annual price increase compared to the previous month, Mr. San Diego prices rose 0.5 percent in September after a 0.8 percent spike in August.

Author: 0 Bessemer Group Inc. Has $5.22 Million Position in NXP Semiconductors NV (NXPI)

It is down 46.60% since November 28, 2016 and is uptrending. It has outperformed by 89.88% the S&P500.The move comes after 5 months negative chart setup for the $336.25M company. Several research analysts recently issued reports on NXPI shares. Eagle Boston Invest Mgmt has 13,312 shares. Schwab Charles Investment Management Inc.

Business 'Sexy Durga' Release Certification Rescinded by Indian Censors
Author: 0 'Sexy Durga' Release Certification Rescinded by Indian Censors

Sachin Chatte, a member of the jury, summed up IFFI , saying, "Instead of selecting films on artistic and creative merit, it ended up becoming a petty game of scuttling the film at all costs, ending in a Kafka'esque nightmare". The Kerala High Court order clearly states that the censored version had to be screened for the jury and they would decide if it should be exhibited at the festival.