Business

Business BP (NYSE:BP) Earning Somewhat Positive News Coverage, Study Shows
Author: 0 BP (NYSE:BP) Earning Somewhat Positive News Coverage, Study Shows

Six analysts surveyed by Zacks expected $426.4 million. The oil and gas exploration company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.02). The shares were bought at an average cost of GBX 528 ($7.29) per share, with a total value of £316.80 ($437.69). (COG) on Friday reported a loss of $44.4 million in its fourth quarter.

Business What's Propelling Coca-cola Company (the) (NYSE:KO) After Higher Shorts Reported?
Author: 0 What's Propelling Coca-cola Company (the) (NYSE:KO) After Higher Shorts Reported?

The institutional investor held 25,171 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $1.13 million, up from 6,258 at the end of the previous reported quarter. Analysts await Netflix, Inc. If we take an observation in front to the next coming days, Street analysts have hope earnings growth of -10.40% for this year and may be getting earnings growth of 7.85% for next year.

Business Canadian skier arrested, accused of stealing vehicle at Winter Olympics
Author: 0 Canadian skier arrested, accused of stealing vehicle at Winter Olympics

At a news conference on Saturday, Canadian Olympic Committee chief executive Chris Overholt said: "We can confirm that an incident occurred involving the police around midnight Friday or early morning Saturday". A Canadian Olympian might have gone a little too far in his post-Olympic celebrations in PyeongChang . The frigid Pyeongchang weather proved too much for the three, who said they took a auto they found unattended with the engine running because it was too cold outside, according ...

Business Two Things We Learned From Billionaire Warren Buffett's Annual Shareholder Letter
Author: 0 Two Things We Learned From Billionaire Warren Buffett's Annual Shareholder Letter

Buffett said a "purchasing frenzy" binge by deal-hungry chief executives employing cheap debt has made that task hard. "Berkshire's goal is to substantially increase the earnings of its non-insurance group. Both are considered candidates to eventually replace Buffett, 87, as Berkshire's chief executive. "Berkshire's blood flows through their veins", Buffett wrote.

Business Skier Kikkan Randall reflects on winning first cross-country gold for US
Author: 0 Skier Kikkan Randall reflects on winning first cross-country gold for US

Diggins was chosen by a vote from fellow members of Team USA. "I can't believe this, '" Diggins said Friday on the TODAY Show, which first announced the honor. Sweden and Norway were hot favorites for yet another gold medal in women's cross-country skiing and the Nordic nations were at the head of the pack for nearly the entire race.

Business Aer Lingus' profits rise on increased capacity
Author: 0 Aer Lingus' profits rise on increased capacity

Last year was a bruising year for some European airlines after the collapse of Air Berlin and Monarch Airlines but such failures provided opportunities for the likes of IAG to gain more passengers. The group's profits, however, fell in the last three months of the year, to €585 million, from €620 million in the prior-year period. At constant currency, passenger unit revenue (passenger revenue per ASK) increased 1.5 percent with slightly higher yields (passenger revenue/revenue passenger ...

Business Ofcom presents new policy to boost fibre investment
Author: 0 Ofcom presents new policy to boost fibre investment

Our ducts and [telegraph] poles have been open since 2011 and we have been sharing a digital map of this network for more than a year. BT investors were buoyed this morning by a regulatory announcement on the price it can charge its rivals to use its network.

Business Fed's Quarles says gradual United States rate hikes 'appropriate'
Author: 0 Fed's Quarles says gradual United States rate hikes 'appropriate'

The Fed now forecasts three rate rises this year, and persistent weak inflation readings had given most policymakers pause against upping the pace of rate hikes even in an economy with strong growth and ultra-low unemployment. While a 2% return isn't much, it's more than the dividend yield of the Standard & Poor's 500 stock index, which now stands at 1.78%. With little economic data due on the last trading day of the week, investors will be keeping an eye on the central banking space and ...

Business General Mills buys Blue Buffalo Pet Products for $8 billion
Author: 0 General Mills buys Blue Buffalo Pet Products for $8 billion

General Mills , Inc. has a 12-month low of $49.65 and a 12-month high of $61.38. The firm has a market cap of $6,787.35, a P/E ratio of 39.06, a PEG ratio of 2.04 and a beta of 1.83. General Mills now has a consensus rating of "Hold" and an average target price of $58.30. Citigroup increased their price objective on Blue Buffalo Pet Products from $33.00 to $39.00 and gave the company a "buy" rating in a report on Tuesday, January 16th.

Business BB&T reports outages in ATM services, digital banking
Author: 0 BB&T reports outages in ATM services, digital banking

Obviously, the situation has led to frustration from customers, especially because it's pay day for a lot of them. Companies are feeling the impact too. So I called & the rep on the other end tells me they don't have access to any of my information at this time. BB&T Corp.is reporting an outage of its ATMs, online banking, mobile banking app and automated phone service.

Business Canadians split on who to blame in BC-Alberta pipeline spat
Author: 0 Canadians split on who to blame in BC-Alberta pipeline spat

NDP has not changed its hostility to the Kinder Morgan Trans Mountain pipeline expansion", United Conservative Party Leader Jason Kenney said in a statement Thursday. The federal regulator also indicated it will override any attempts by municipal governments to stall progress on the pipeline expansion. Asked if the reference to the courts should be read as a sign B.C.is backing down, Horgan said "not at all".

Business NRA Leader Warns Conservatives Of 'Socialist Wave' In Wake Of Shooting
Author: 0 NRA Leader Warns Conservatives Of 'Socialist Wave' In Wake Of Shooting

Even before the Cold War and the so-called "McCarthy Era" (named after Wisconsin Senator, Joseph McCarthy), individuals and groups on the political and theocratic right have flung the term "socialist" as an expletive to discredit political ideas and sway the electorate toward a conservative and nationalist agenda.

Business Donald Tusk warns UK Brexit plans still 'pure illusion'
Author: 0 Donald Tusk warns UK Brexit plans still 'pure illusion'

Juncker meanwhile said he still assumed Britain would leave as planned in 2019, despite speculation about a repeat of the 2016 Brexit referendum . European Parliament chief Antonio Tajani backed the plans, saying those who did not show "solidarity" and "do not respect union rules must pay the price for that".

Business Crude oil rallies on surprise drop in USA stockpiles
Author: 0 Crude oil rallies on surprise drop in USA stockpiles

But as net imports fell to a record low while exports surged, crude stockpiles saw an unexpected decline by 1.6 million barrels last week. Crude stockpiles fell by 1.6 million barrels in the week ended February 16. Speaking about the lack of investment in the industry in recent years, Mazrouei said a sum of US$10 trillion will be needed to guarantee oil supply to 2040.

Business India vs South Africa, Women's cricket 5th T20, Cape Town
Author: 0 India vs South Africa, Women's cricket 5th T20, Cape Town

Jasprit Bumrah did not feature in the second T20I due to abdominal strain. The tour of South Africa was a real test for the Indian run machine, but the Delhi batsman has passed the test with flying colours. With the series hanging in the balance, India's lack of experience in the stadium in the format could give Proteas an added advantage, in spite of their poor record.

Business U.S. stocks close mixed amid economic data
Author: 0 U.S. stocks close mixed amid economic data

U.S. crude was up 1.61% to US$62.67 a barrel. Canadian Imperial Bank of Commerce rose 0.5 percent to C$117.07 a share after its quarterly results topped expectations on a strong performance in all business units and an expansion in the United States.

Business Standard Life Aberdeen's (SLA)
Author: 0 Standard Life Aberdeen's (SLA) "Buy" Rating Reiterated at Goldman Sachs Group

The first annual results for the new company showed profits down 0.5% to £1.04bn for 2017 with net outflows of £22bn from its asset management business as market conditions remained "tough". "In partnering with Phoenix Group, whose expertise is in administering and servicing long-term savings, Standard Life Aberdeen is able to realise attractive value for the disposed businesses, while continuing to benefit from access to related assets and flows".

Business President of Ford North America departing after reports of inappropriate behavior
Author: 0 President of Ford North America departing after reports of inappropriate behavior

Whether on the factory floor or in the boardroom, the latest announcement shows Ford is tolerating no bad behavior, Sullivan said. That could pay benefits in time . Falotico now leads Ford Credit, the company's captive-financing arm. Lawler previously served as chairman and CEO of Ford China. John Lawler will succeed Rowley as vice president of strategy.

Business Show solidarity with UCU strikes over pensions, says CSP
Author: 0 Show solidarity with UCU strikes over pensions, says CSP

The EADT has been told up to 500 lecturers and other campus staff, such as admin and IT employees, were on strike at the Colchester campus in the first wave of the walkout, which is affecting 64 British institutions and could run into the summer exam season.

Business Gender pay divide. Transparency is a welcome step
Author: 0 Gender pay divide. Transparency is a welcome step

At the time both firms said men and women in the same roles were paid the same, and put the gender pay gap down to having more men in higher-paid positions. Measured at the mean, the supermarket's gender pay gap was 12.0%, down from 14.0% in 2015-16. "We know that access to senior roles has historically been limited by the culture of the insurance sector that was much less inclusive and welcoming than it is now", Inga Beale, chief executive officer of Lloyd's of London, said in a statement.

Business Chesapeake Energy Corporation (NYSE:CHK) reports 4Q17 Profit Surge
Author: 0 Chesapeake Energy Corporation (NYSE:CHK) reports 4Q17 Profit Surge

North Star Asset Management Inc sold 121,545 shares as Chesapeake Energy ( CHK)'s stock declined 5.25%. Commonwealth Equity Services Inc now owns 361,245 shares of the oil and gas exploration company's stock valued at $1,553,000 after acquiring an additional 62,557 shares during the period.

Business Bigelow Aerospace spinoff company to oversee private space station operations
Author: 0 Bigelow Aerospace spinoff company to oversee private space station operations

Two fully Autonomous space station B330 will be ready for launch in 2021. Bigelow hopes to launch a "monster" space station with twice the volume capacity of the International Space Station. Through this experience, BSO hopes to gain knowledge of current and future customer needs as they pertain to larger scale operations that are science and non-science related that can not be handled by the space station.

Business Is Russian figure skater Evgenia Medvedeva 'undefeatable?'
Author: 0 Is Russian figure skater Evgenia Medvedeva 'undefeatable?'

The two Russians early on February 21 stood in first and second place in the still-ongoing competition for the gold and silver medals in women's figure skating at the Winter Games in South Korea. Unfortunately, her inability to perform that free program error-free in competition this season makes me nervous. Zagitova is a double-take worthy 15 years old.

Business Mueller Brings More Charges Against Manafort, Gates
Author: 0 Mueller Brings More Charges Against Manafort, Gates

In October past year, both Gates and Manafort were charged with 12 counts of conspiracy against the United States, making false statements, money laundering and failing to register as foreign agents for Ukraine. Manafort and Gates pleaded not guilty after they were initially charged last October. The lawsuit was settled in August 2016 and the one-page filing in a NY court did not provide details of the terms.

Business Barclays posts £1.9bn loss amid U.S. tax and PPI charges
Author: 0 Barclays posts £1.9bn loss amid U.S. tax and PPI charges

CFO Tushar Morzaria said Barclays had gained market share, with business down in dollar terms by 10% compared with 20% at its biggest US rivals. Chief executive Jes Staley characterised 2017 as "a year of considerable strategic progress", with the sell down of the shareholding in Barclays Africa, closure of the non-core bank, the creation of the United Kingdom ring-fenced bank and formation of a "service company" to drive operational efficiencies, which altogether means, he said, "in ...