Business

Business Dominion Diamond Corp (DDC) Cut to Market Perform at BMO Capital Markets
Author: 0 Dominion Diamond Corp (DDC) Cut to Market Perform at BMO Capital Markets

Sei Investments Co. increased its stake in Dominion Diamond Corporation by 529.5% in the first quarter. Gabelli began coverage on shares of Dominion Diamond Corporation in a report on Monday, April 3rd. Dominion Diamond Corporation had a negative net margin of 1.07% and a positive return on equity of 1.46%. TRADEMARK VIOLATION WARNING: This piece of content was reported by Sports Perspectives and is the property of of Sports Perspectives.

Business Daimler recalls 3 million Mercedes cars over diesel emissions
Author: 0 Daimler recalls 3 million Mercedes cars over diesel emissions

Bloomberg last week reported that the Stuttgart prosecutors are examining two motors that were installed in more than one million cars-including the Mercedes GLK 250 and GL 350 SUV-for possible emissions-cheating software. Daimler said the company has already proved that it can meet the tighter European Union regulations with a new diesel engine that first appeared in the 2016 E-class.

Business Chipotle is sinking after customers report symptoms that are 'consistent with norovirus'
Author: 0 Chipotle is sinking after customers report symptoms that are 'consistent with norovirus'

Chipotle said in a statement that it notified local health officials and closed the Sterling location Monday to sanitize it. The list of complaints has a clear theme - episodes marked by customers "vomiting violently", "puking [their] brains out", experiencing "violent stomach cramps", becoming "violently sick", or just getting "violently ill ..." Norovirus is the most common form of foodborne illness in the USA, with more than 21 million cases reported a year .

Business Nasdaq Composite posts 7 day winning streak, Dow Jones slips
Author: 0 Nasdaq Composite posts 7 day winning streak, Dow Jones slips

US crude rose 5.2 percent last week and started the week hovering around 46 USA dollars a barrel. On the opposite side of the spectrum, IBM Corp (NYSE: IBM) and JPMorgan Chase & Co ( NYSE: JPM ) were the biggest decliners. On July 17, the S&P 500 started the day on a stronger note but closed flat at fresh all-time high levels. The Dow , the S&P 500 and the Nasdaq went up 1.04 percent, 1.41 percent and 2.59 percent, respectively.

Author: 0 Brokers Change Their Target Price On Atwood Oceanics, Inc. (NYSE:ATW)

Bank of New York Mellon Corp owned about 2.47% of Atwood Oceanics worth $18,977,000 as of its most recent SEC filing. Several hedge funds and other institutional investors have recently bought and sold shares of the company. For the current year the company's revenue estimates are $527.15 Million compared to low analyst estimates of $500.41 Million and high estimates of $574 Million according to the prediction of 18 analysts.

Business Frank de Boer: 'Christian Benteke happy at Crystal Palace'
Author: 0 Frank de Boer: 'Christian Benteke happy at Crystal Palace'

The Belgium worldwide was recently linked with a move to big-spending rivals Everton , who are seeking a direct replacement for departed frontman Romelu Lukaku . It appears that De Boer wants to add a goalkeeper and at least one defender to his ranks this summer, judging from the players that have been linked to the Selhurst Park club since his arrival.

Business Missing paperwork could wipe out billions in private student loan debt
Author: 0 Missing paperwork could wipe out billions in private student loan debt

They aggressively hound student borrowers who fall behind on their bills and have brought tens of thousands of lawsuits against defaulters in the past five years. Read the report here via The New York Times . However, several loans have been dismissed by judges because documents proving the ownership of the loans are missing, the Times reports.

Author: 0 Raises Position in Microsoft Corporation (NASDAQ:MSFT)

It has outperformed by 17.82% the S&P500. Arvind Sanger increased its stake in Sm Energy Co (SM) by 35.29% based on its latest 2016Q4 regulatory filing with the SEC. The firm earned "Outperform" rating on Friday, October 23 by FBR Capital. About 14,153 shares traded. (NYSE:BXP). American Registered Invest Advisor reported 5,500 shares stake.

Business Chipotle gets 'complete sanitization' after Va. diners report illness
Author: 0 Chipotle gets 'complete sanitization' after Va. diners report illness

In one graphic depiction on IWasPoisoned.com, a user reported their child was "violently sick" with "puking, diarrhea [and] severe pain" after eating at the Sterling location on July 14. Chipotle was the only thing we both ate yesterday. He said the restaurant was closed Monday after the company received reports of people falling ill.

Business Adverts Which Portray Gender Stereotypes Face Being Banned Under New Rules
Author: 0 Adverts Which Portray Gender Stereotypes Face Being Banned Under New Rules

However, the ASA has said that not all stereotypes would be barred and that adverts showing a woman cleaning or a man doing DIY tasks would be deemed acceptable. Is tougher regulation needed to prevent damaging stereotypes being reinforced - or are consumers savvy enough to see through them? 'While advertising is only one factor in a wider debate, tougher advertising standards can play an important role in tackling inequalities to the benefit of individuals, the economy and society as a ...

Business The Wells Fargo & Company (WFC) Stake Decreased by Cottage Street Advisors LLC
Author: 0 The Wells Fargo & Company (WFC) Stake Decreased by Cottage Street Advisors LLC

Wells Fargo & Co now has $272.01 billion valuation. The stock increased 0.38% or $0.07 on July 14, reaching $18.68. During the same period previous year, the firm earned $1.01 earnings per share. Therefore 42% are positive. North Point Port Managers Corporation Oh invested 2.59% in Wells Fargo & Co (NYSE: WFC ). The firm has "Underperform" rating given on Tuesday, October 4 by Raymond James.

Business Security robot 'drowns itself' in fountain in Washington DC
Author: 0 Security robot 'drowns itself' in fountain in Washington DC

The robot was a Knightscope K5 , employed as a security robot at communications agency GMMB in Washington DC . They released a statement regarding the incident, saying that it was " an isolated incident ", and that they're now investigating what went wrong.

Business Stock is up at $52.00 (HOG) Harley-Davidson Announces Second Quarter…
Author: 0 Stock is up at $52.00 (HOG) Harley-Davidson Announces Second Quarter…

It has underperformed by 10.39% the S&P500. The Snyder Capital Management LP holds 732,312 shares with $13.98M value, down from 1.11 million last quarter. The firm has a Return on Assets (ROA) value of 6.20%. Harley-Davidson has an average rating of "Hold" and a consensus target price of $55.50. As per Friday, September 30, the company rating was initiated by Jefferies.

Business Competition is stiff in $5B meal kit delivery market
Author: 0 Competition is stiff in $5B meal kit delivery market

Yesterday, the markets buzzed with news about Amazon filing for a trademark for a Blue Apron-like service to deliver ingredients and recipes on demand. Amazon did not immediately respond to CNBC's request for comment. Given Amazon's intent to acquire Whole Foods, this move is wholly unsurprising.

Business United Kingdom economic growth predicted to slip to 1.5% in 2017
Author: 0 United Kingdom economic growth predicted to slip to 1.5% in 2017

The agency expects consumer spending growth to continue to moderate in 2017-18 as inflation eats into real spending power and wage growth remains subdued. Alternatively, if good early progress is made in Brexit negotiations and there are strong favourable trends in the U.S. and eurozone, PwC forecasts the economy could expand at 1.9 per cent this year and 2.6 per cent in 2018.

Author: 0 Arsene Wenger provides update on Arsenal transfer plans

Arsenal face a battle to keep their prized assets at the Emirates Stadium this summer, especially as many of them have less than 12 months remaining on their contracts, but it seems Arsene Wenger is confident of a positive outcome. "We are still open to strengthening our team with players coming from outside. I believe it is important that we analyse well what happened to us, and where we can improve - and then transfer the optimistic final part of the season into the new campaign and start ...

Business Ericsson plans more cost cuts as shares plunge after poor Q2
Author: 0 Ericsson plans more cost cuts as shares plunge after poor Q2

Looking ahead, the company said it sees an increased risk of further market and customer project adjustments with an estimated negative impact on operating income of 3 billion kronor to 5 billion kronor for the coming 12 months. Ericsson's CEO Börje Ekholm said the company was "not satisfied" with the results, and noted that the company's software sales suffered in comparison to a rise in the year-earlier quarter, and also were hit by "cautious mobile broadband investment levels".

Business US Calls for Global Pressure Hinder Dialogue on Denuclearization: Pyongyang
Author: 0 US Calls for Global Pressure Hinder Dialogue on Denuclearization: Pyongyang

The offer of talks, the first since South Korea elected dovish President Moon Jae-In, came as the Red Cross in Seoul proposed a separate meeting to discuss reunions of families separated by the 1950-53 Korean War . The U.S plans a secondary boycott that imposes tough sanctions on companies in third countries that do business with the North. South Korea , however, says the workers fled of their own free will.

Business Bank of America Corporation (BAC)
Author: 0 Bank of America Corporation (BAC)

Sell-side analysts have also provided a consensus recommendation of 2.20 on company shares. PHH Investments Ltd. bought a new position in shares of Bank of America Corporation during the fourth quarter valued at about $103,000. According to Yahoo Finance, The Dividend Date for Bank of America Corp is Jun 30, 2017 and its Ex-Dividend Date is May 31, 2017. Moreover, Schwab Charles Inv Mgmt Inc has 0.79% invested in Bank of America Corp (NYSE: BAC ) for 32.55M shares.

Business Netflix Adds 5.2 Million Subscribers
Author: 0 Netflix Adds 5.2 Million Subscribers

The number of paid sUBScribers could reach 128 million by 2022, up 44% on the amount Netflix had at the end of 2016. sUBScription revenues are estimated to rise to US$14.9bn in 2022 from the $8.8bn reported in 2016. In a letter to shareholders , Netflix CEO Reed Hastings said that the earnings were weighed by the timing of content releases - including the release in Q2 of season five of House Of Cards , which a year ago was released in Q1.

Business Karnataka set to have own state flag, committee looks into legal sanctity
Author: 0 Karnataka set to have own state flag, committee looks into legal sanctity

Currently, the state uses a red and yellow flag currently in cultural events. They had urged the government to design a separate flag for Kannada "naadu" and accord statutory standing for that. However, the national flag code says clearly that other flags should not dishonour the tricolour and must always be hoisted below the national flag. "This is because the government will then have to consider the relation of this flag with the national flag".

Author: 0 Seoul Seeks New Talks With North Korea, Hoping To Tamp Down Tensions

Meanwhile, the U.S.is also said to be preparing to unilaterally tighten sanctions on North Korea. Oil products are sold by weight in North Korea. Outside experts believe the South Korean broadcasts and leaflets sting in Pyongyang more because the authoritarian country worries that the broadcasts will demoralize front-line troops and residents and eventually weaken the grip of absolute leader Kim Jong Un.

Business Sri Lanka pull off record chase against Zimbabwe
Author: 0 Sri Lanka pull off record chase against Zimbabwe

The touring side, who also scripted their first one-day global series win over Sri Lanka recently, picked up two early wickets through captain Graeme Cremer after the hosts had resumed on 170-3. Mendis though was out early on the fifth morning to Zimbabwe captain Graeme Cremer, only adding six runs to his overnight total as the visitors made the flawless start.

Business Mourinho plays down Lukaku-Rooney comparisons
Author: 0 Mourinho plays down Lukaku-Rooney comparisons

Watch the three first half goals below. "Comparing Rooney with Lukaku is comparing the incomparable", Mourinho said, adding that the 24-year-old Belgian serves as a focal point of the team's attack. There's no surprises there. It's amusing because before the game a lot of guys and our coaching staff's message was about go enjoy yourself. We all know exactly what he brings and that is why he is here.

Business Earnings Previews Q2: Bank of America Corp, Goldman Sachs Group Inc
Author: 0 Earnings Previews Q2: Bank of America Corp, Goldman Sachs Group Inc

Goldman Sachs Group Inc now has $89.26B valuation. GS has been the subject of a number of research reports. Adirondack Trust Co has invested 0.33% in Goldman Sachs Group Inc (NYSE:GS). Berenberg downgraded the stock to "Sell" rating in Friday, February 24 report. Many asset management firms and fund managers are using different strategies like value investment strategies, buy and hold strategies, active investment strategies, and passive investment strategies to make money in the ...

Business Now, nine-judge SC bench to hear Aadhaar petitions on Thursday
Author: 0 Now, nine-judge SC bench to hear Aadhaar petitions on Thursday

The Chief Justice of India, Jagdish Singh Khehar then brought up the Maneka Gandhi case, which says that the judgment of the Kharak Singh case in regards to right to privacy stands overruled. They contended that it violated their right to privacy and made the country as a surveillance state. It is not there under the letters of Article 21 either.

Business Tesla Stock Drops As Autopilot Feature Blamed For Crash
Author: 0 Tesla Stock Drops As Autopilot Feature Blamed For Crash

As we reported, early media reports cited the Kandiyohi county sheriff's office directly blaming the Autopilot, but an updated news release clarified that they were relying on the information from the driver. Drivers can take their hands off the wheel, but only for short periods. Joshua Brown, a former Navy SEAL, was killed near Williston, Florida, in May 2016 when his Model S collided with a truck while it was engaged in Autopilot mode.

Business Tesla Adds Two Independent Members to its Board, Including James Murdoch
Author: 0 Tesla Adds Two Independent Members to its Board, Including James Murdoch

We would like to welcome Linda Johnson Rice, Chairman and Chief Executive Officer of Johnson Publishing Company (JPC), and James Murdoch, Chief Executive Officer of 21st Century Fox (21CF), to Tesla's board of directors. James previously acted as News Corp's Europe and Asia CEO, too, prior to taking over leadership of 21st Century Fox, one of two spin-outs of the original News Corporation focused primarily on film and television.

Business Bonds little changed ahead of inflation data and interest-rate decision
Author: 0 Bonds little changed ahead of inflation data and interest-rate decision

However, last week, ONS data showed that inflation-adjusted wages grew at the slowest pace in almost three years as rising consumer prices eat into Briton's weekly paychecks and hammering consumer spending and the EY Item Club assessment of the United Kingdom economy was pared down yesterday as a result of the uncertainty linked to the country's pending exit from the European Union .