Business

Business Shire share price skyrockets as Takeda mulls over possible bid
Author: 0 Shire share price skyrockets as Takeda mulls over possible bid

ETRADE Capital Management LLC now owns 6,746 shares of the biopharmaceutical company's stock worth $1,033,000 after acquiring an additional 528 shares during the last quarter. The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period.

Business Lawsuit allowed to proceed that alleges Trump took foreign gifts
Author: 0 Lawsuit allowed to proceed that alleges Trump took foreign gifts

The ruling is a setback for Trump, who has said that he has no conflicts of interest and is not in violation of the U.S. Constitution's emoluments clauses . This case, involving the two attorneys general, had a hearing earlier this year in front of Messitte at a federal court in Greenbelt, Marland. "The court has yet to rule on several additional arguments, which we believe should result in a complete dismissal".

Business Q4 GDP Third Estimate: Real GDP At 2.9%
Author: 0 Q4 GDP Third Estimate: Real GDP At 2.9%

The U.S. economy grew at a healthy rate of 2.9 percent in the last quarter of 2017, according to Commerce Department to data released Wednesday, higher than an earlier 2.5 percent estimate. Consumption accounts for about 70 percent of the US economy, and as more Americans get jobs, they are able to buy more online and at stores. Those are the first full quarters that Donald Trump had been president.

Business Israel's El Al appeals against Air India flights over Saudi
Author: 0 Israel's El Al appeals against Air India flights over Saudi

The government plans to sell 76% stake in Air India Ltd, according to the preliminary information memorandum released Wednesday on strategic disinvestment of the national carrier. The Israeli government has lauded the new Air India route from New Delhi to Tel Aviv as a symbol of tightening ties between the countries, as well as a harbinger of Israel's improving status in the region.

Business Lululemon Athletica INC (LULU) Holder Sib LLC Has Decreased Position
Author: 0 Lululemon Athletica INC (LULU) Holder Sib LLC Has Decreased Position

Millennium Management LLC lifted its position in Lululemon Athletica by 340.6% during the fourth quarter. $211.00 million worth of Lululemon Athletica Inc . LULU's profit will be $171.93 million for 17.25 P/E if the $1.27 EPS becomes a reality. The apparel retailer reported $1.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.27 by $0.06.

Business Facebook revamps privacy settings in response to uproar
Author: 0 Facebook revamps privacy settings in response to uproar

Facebook is facing unprecedented scrutiny following reports that a data mining firm used ill-gotten data from tens of millions of its users to try to influence elections. The company announced the changes in a blog post bearing the straight-shooting headline "It's Time to Make Our Privacy Settings Easier to Find". The new controls will be easier to find and use, Facebook said, with all settings now available to access in a single place rather than spread across almost 20 different ...

Business Skripal case: Montenegro expels Russian diplomat
Author: 0 Skripal case: Montenegro expels Russian diplomat

Over 25 countries, including the United States and European Union member states, made a decision to expel Russian diplomats over Moscow's alleged involvement in the attack on former Russian intelligence officer Sergei Skripal and his daughter in the UK city of Salisbury.

Business
Author: 0 "Cosmopolitan" To Be Removed From Walmart Checkout Aisles Nationwide

This group has been pushing to remove the magazine from checkout aisles , claiming it is basically porn . The National Center on Sexual Exploitation (NCOSE) has instigated a significant policy change at Walmart as part of our continued work to change corporate policies that facilitate sexual exploitation.

Business SoftBank, Saudi Arabia to create World's Biggest Solar Power Project
Author: 0 SoftBank, Saudi Arabia to create World's Biggest Solar Power Project

The new solar project will involve the construction of solar parks throughout Saudi Arabia and a large battery to store the energy generated by the panels. Installation of the solar panels is planned to start this year, and the project should start producing electricity by the middle of next year. The announcement happened during the NY leg of Prince Mohammed's trip across the United States.

Business Government proposes deposit scheme to cut waste
Author: 0 Government proposes deposit scheme to cut waste

They were impressed by a Norwegian scheme, which claims a 94% recycling rate for bottles made from PET, the clear plastic used for water and fizzy drinks. More than 3 billion are incinerated, sent to landfill waste sites, or left to pollute streets, countryside and marine environment. Some parts of the United Kingdom have already been considering a deposit scheme.

Business Lowe's on the hunt for new CEO
Author: 0 Lowe's on the hunt for new CEO

During the same quarter in the previous year, the company earned $0.86 EPS. equities research analysts forecast that Lowe's Companies, Inc . will post 5.47 earnings per share for the current year. The rating was downgraded by BMO Capital Markets on Thursday, August 24 to "Market Perform". Lowe's Companies Inc . had 97 analyst reports since August 19, 2015 according to SRatingsIntel.

Business Probe opened into fatal Tesla crash in California
Author: 0 Probe opened into fatal Tesla crash in California

At the close of trading today, Tesla shares were trading at $279, marking a 8.22% drop in just the span of a few hours. It's slightly cheaper than the Tesla Model X. Tesla said its battery packs are designed so that when a fire occurs, it spreads slowly so people have more time to exit the auto. In January, the NTSB and US National Highway Traffic Safety Administration sent investigators to California to investigate the crash of a fire truck and a Tesla that apparently was travelling in ...

Business Deutsche Bank Aktiengesellschaft (DB) year to date performance remained at -27.75%
Author: 0 Deutsche Bank Aktiengesellschaft (DB) year to date performance remained at -27.75%

The company faces an investigation by the U.S. Federal Trade Commission to explain how it allowed data of 50 million users get into the hands of a political consultancy. Based on a recent bid, its distance from 20 days simple moving average is -10.24%, and its distance from 50 days simple moving average is -16.47% while it has a distance of -19.94% from the 200 days simple moving average.

Business Lynk & Co 02 Revealed; Brand's European Launch Detailed
Author: 0 Lynk & Co 02 Revealed; Brand's European Launch Detailed

In Amsterdam, the third model in Lynk & Co's stunning line-up of cars - 02 - was revealed at an urban adventures themed launch party in the Netherlands' capital. Lynk & Co apparently commenced sales in China in 2017 and will soon debut in Europe in the year 2019. The first of these will open in Amsterdam, with shops following in Barcelona, Berlin, Brussels and London.

Business Waymo Buying Up To 20000 Jaguar SUVs For Driverless Fleet
Author: 0 Waymo Buying Up To 20000 Jaguar SUVs For Driverless Fleet

Waymo is eager to work with more automakers to secure its lead in autonomous technology, as it prepares to launch a commercial ride-hailing service. Rather than outfitting a vehicle for self-driving technology, Waymo engineers collaborated with Jaguar's team throughout the I-Pace's development process.

Business Iceland To Diplomatically Boycott 2018 World Cup In Russia
Author: 0 Iceland To Diplomatically Boycott 2018 World Cup In Russia

Iceland are in Group D alongside Nigeria, Argentina and Croatia in the upcoming football World Cup in Russian Federation. According to Russia's official state news agency TASS , he said: "I believe that our colleagues and partners are only punishing themselves and all of this is senseless".

Business Government Steps In Over Melrose And Isle Of Wight Employer GKN
Author: 0 Government Steps In Over Melrose And Isle Of Wight Employer GKN

US group Dana Inc DAN.N agreed to increase its offer for GKN's GKN .L Driveline business by $140 million (£98.86 million) in cash as it stepped up its efforts to fight off rival suitor Melrose MRON.L . Synergy benefits also help to support a transaction. He further raised concerns over national security given the FTSE 100 group's role in supplying the United Kingdom armed forces.

Author: 0 Oil prices dip on profit taking after big weekly gain

Despite this, Brown said there were concerns over regulatory interference, as seen in other Chinese financial commodity markets, including iron ore and coal. This weighed on crude oil futures as well. "With US crude production likely to be close to 10.5 million bpd by now and NGL (natural gas liquids) output also increasing strongly, there is a clear chance that year-on-year supply growth in the USA could at least temporarily hit 2 million bpd over the summer months", JBC analysts wrote.

Business Sensex up approx 500 pts, Nifty ends above 10100
Author: 0 Sensex up approx 500 pts, Nifty ends above 10100

Market indices closed sharply higher on Monday, with the Sensex up 469.87 points at 33,066.41 and the Nifty gaining 132.65 points at 10,130.70. GAIL (-2.8%), HPCL (-2.2%), BPCL (-1.6%), International Olympic Committee (-1.6%) and TCS (-1.2%) were the top losers in today's trade.

Business No jobs losses in Ilion from Remington Arms bankruptcy filing: Tenney
Author: 0 No jobs losses in Ilion from Remington Arms bankruptcy filing: Tenney

As the Journal notes, gun manufacturers ramped up production in the fading days of the Obama presidency, anticipating a Hillary Clinton White House that would foster and promote anti-gun legislation. Colt declared bankruptcy in 2016 and they are still around manufacturing weapons. But since President Trump took office, sales have declined precipitously.

Business Should you delete or deactivate your Facebook account?
Author: 0 Should you delete or deactivate your Facebook account?

For businesses, all that data is a treasure trove. "What we try to do is send the person at Facebook who will have the most knowledge", Zuckerberg said. While the Cambridge Analytica dust up adds to Facebook's woes, including a series of metrics flubs past year and growing evidence that young consumers are leaving the platform , so far these troubles do not appear to be having a negative impact on marketers' interest in advertising on the platform.

Business Ride-hailing firm Grab buys Uber's SE Asia operations
Author: 0 Ride-hailing firm Grab buys Uber's SE Asia operations

Singapore-based ride-hailing company Grab has announced the purchase of Uber's operations in Southeast Asia, ending months of speculation . SoftBank is also one of the main investors in several of Uber's rivals, including Grab, China's Didi Chuxing , and India's Ola.

Business Rohr and Super Eagles react to victory over Poland
Author: 0 Rohr and Super Eagles react to victory over Poland

In his post-match conference, Rohr stated that he has a young team and the victory over Poland does not make Nigeria World Cup contenders. Now fit again, and enjoying a fine campaign in Serie A with Torino, Obi may have done enough to convince Rohr that he's ready to step back into the Super Eagles team and play a key role as the West Africans approach the World Cup.

Author: 0 Mozilla to suspend advertising on Facebook citing data privacy concerns

Hours later, the two leaders of the Senate Commerce Committee followed with its own calls for Zuckerberg to testify before a hearing in their committee. In the 2007 article, Zuckerberg said he wanted Facebook to become "the most powerful distribution mechanism that's been created in a generation".

Business Facebook CEO Zuckerberg says sorry to Britons with newspaper ads
Author: 0 Facebook CEO Zuckerberg says sorry to Britons with newspaper ads

Cambridge Analytica's CEO, Alexander Nix, was also suspended last week after he was caught by undercover reporters saying that the company would help clients bribe or entrap political candidates in sex scandals, though it's not clear whether the company has actually done anything like that in the past.

Business Stocks post worst week in 2 years as trade war rhetoric escalates
Author: 0 Stocks post worst week in 2 years as trade war rhetoric escalates

Wall Street got confirmation from President Trump that the U.S.is aiming for tariffs on $60 billion of Chinese imports, a move that has increased worries of a global trade war and retaliation from Beijing. Facebook shares were down 2.5 percent. The SPDR S&P Bank ETF (KBE) fell 3.7 percent, while Citigroup, J.P. Morgan Chase and Bank of America all closed lower.

Business First nonstop Australia to London flight touches down
Author: 0 First nonstop Australia to London flight touches down

Qantas has an ambitious plan to launch even more ultra long flights between the two continents with plans to have flights from Europe to the east coast of Australia in the new future. The inaugural service, Qantas flight QF9, was operated by the airline's latest Boeing 787-9 which is adorned with special Indigenous artwork created by Balarinji (VH-ZND).

Author: 0 Kisner thrashes Poulter to set up Thomas Match Play semi-final

McIlroy needed to beat American left-hander Brian Harman to have a chance of reaching the last 16, but gifted his opponent several holes on his way to a comprehensive 5&3 defeat. Kisner led that event through 54 holes. It was rubbish, " said Poulter, who didn't make a birdie. He would replace Dustin Johnson atop the world ranking if he reaches the championship match.