Money

Money Toronto stock market lower as Dow Jones cruises past 23000 record
Author: 0 Toronto stock market lower as Dow Jones cruises past 23000 record

The Nasdaq slid 0.35 (-0.01 percent) to close at 6,623.66, while the S&P 500 finished at a record 2,559.36, up 1.72 (+0.07 percent) from its open. "It gave the Dow the boost to stay over 23,000", said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey. Bank shares had run up ahead of results, which resulted in some selling following the earnings news, the Krosby said.

Money Lyft Raises $1 Billion from Alphabet Investment Fund
Author: 0 Lyft Raises $1 Billion from Alphabet Investment Fund

Bloomberg previously reported Alphabet was considering a $1 billion investment. Lawee was formerly Google's VP of corporate development. CapitalG partner David Lawee will join Lyft's board as part of the deal. Spokespeople for Lyft and Alphabet have said the latest investment will not have any bearing on the Waymo partnership. Uber mulled acquiring Lyft back in 2014.

Money Inflation jumps to five-year high, boosting chances of interest rate hike
Author: 0 Inflation jumps to five-year high, boosting chances of interest rate hike

Consumer price inflation in August was 2.9% and rose to 3.0% in September, meaning the squeeze on real incomes remained fierce. At the moment, the full new state pension is £159.55 per week, equivalent to £8,296.60 per year. Four days and one month before to this day, the British pound staged a sterling rally - it soared to pre-Brexit levels against the USA dollar and the Japanese yen (and to a two-month high against the strengthening euro).

Money Mining giant Rio Tinto fined record £27m by FCA
Author: 0 Mining giant Rio Tinto fined record £27m by FCA

The SEC filing is seeking to achieve permanent injunctions, return of allegedly ill-gotten gains plus interest, civil penalties from all the defendants, and to bar Albanese and Elliott from serving as public company officers or directors. The FCA has also slapped Rio with a fine of more than £27.4m for breaching disclosure and transparency rules, alleging its financial reporting had been "inaccurate and misleading".

Money Ford recalls 1.3 million trucks due to correct issue with door latch
Author: 0 Ford recalls 1.3 million trucks due to correct issue with door latch

Ford estimates that repairs will cost $267 million. The recall involves 1.1 million trucks in the United States, more than 222,000 trucks in Canada and 21,000 trucks in Mexico. The Limited trim has been available on the light-duty F-150 since 2015 and will now be offered on F-250, F-350 and F-450 pickups. Ford Motor Company is issuing a safety recall in North America.

Money Security Staff Involved In United Airlines Dragging Incident Fired
Author: 0 Security Staff Involved In United Airlines Dragging Incident Fired

RAW VIDEO: UNITED PASSENGER DRAGGED OFF FLIGHT AT O'HAREIn addition, passengers on the flight, which was delayed about three hours, received refunds. The city also had the word "police" removed from security officer uniforms and vehicles. The incident , which happened earlier this year, left the passenger with a number of injuries , including a broken nose.

Money LaMarcus Aldridge's contract extended by Spurs
Author: 0 LaMarcus Aldridge's contract extended by Spurs

The Spurs open the regular season on Wednesday at home against the Minnesota Timberwolves . Aldridge was an All-Star in his first season in San Antonio , but his individual numbers declined significantly. The five-time NBA All-Star forward has had his ups and downs in San Antonio , including his name being lobbed around in trade talks and rumors of his dissatisfaction with a lack of involvement in the Spurs' offense.

Money Fears of Iran sanctions, Iraq conflict push oil to $57.8
Author: 0 Fears of Iran sanctions, Iraq conflict push oil to $57.8

WTI crude oil continues to trade higher on Tuesday morning, gained 0.50% to trade at $52.12. 78 per barrel, slightly down from their last settlement, but 2 percent higher than last Friday and nearly a quarter above mid-June levels. Darling went on to predict that 2018 will see Brent at $47 "predicated on less compliance as we go into next year, also USA shale continuing growth.and also non-OPEC supply beating the market's expectations, like the former Soviet Union countries".

Author: 0 Institutional Portfolio Favorite in Spotlight: Harley-Davidson, Inc. (NYSE:HOG)

Of those analysts, no rate stock as a Strong Buy, 15 rate it as Hold, and just no analyst rates it as a Moderate Sell. Since the start of the New Year, Harley-Davidson, Inc. The stock was sold at an average price of $47.18, for a total value of $708,313.34. (NYSE: HOG ) stock. Over the past few months, insider ownership has seen a move of -2.23% while institutional ownership has changed 1.55%.

Money Trump drops 92 spots on Forbes' list of richest Americans
Author: 0 Trump drops 92 spots on Forbes' list of richest Americans

His highest net worth valuation by the magazine came in 2015 at $4.5 billion. The list is out of Forbes 400 Richest Americans and it shows that the commander in chief's wealth dropped by $600 million to $3.1 billion. Nonetheless, Trump gave Forbes a White House interview earlier this month in which the magazine reported he discussed his relationship with Secretary of State Rex Tillerson, a new economic development plan, and plans not to fill vacancies within the White House administration.

Money Drone hit Canadian airliner: minister
Author: 0 Drone hit Canadian airliner: minister

Since the start of 2017, Garneau says his department has received reports of 1,596 drone incidents, of which 131 were deemed to have been "of aviation safety concern". He said that "it could have been much more serious" and that if the drone had collided with the cockpit or the engine, the incident could have been "catastrophic".

Money Feeling hungry? Now order food with Facebook
Author: 0 Feeling hungry? Now order food with Facebook

The move to present food ordering is one that enables Facebook to keep clients inside its application for longer periods, rather than seeing clients exit to different applications for normal tasks like ordering a pizza. Accessing this feature is very easy and simple. These facilities are now connected to Facebook in both its original website as well as the mobile app versions of Android and iOS.

Money Mohawk College classes cancelled due to faculty strike
Author: 0 Mohawk College classes cancelled due to faculty strike

Ontario Colleges and their academic union have been unable to reach a new contract agreement. The province-wide action includes Confederation College and its campuses in Kenora and Red Lake. "I feel like we're kind of at a breaking point here and we need to change directions". "But it's really hard right now to figure out what it looks like because a return to work scenario or memo which is found to occur at the end of the strike, will to a major extent dictate how we approach that", Madder ...

Money Consumer Prices Accelerated in September
Author: 0 Consumer Prices Accelerated in September

The catalyst behind the precious metals strength was low inflation's impact on the pace of US interest rate hikes by the Federal Reserve. Stocks on major world markets , however, hit their fourth record high in a row, with Wall Street moving higher as some investors bet the inflation data could curb future rate hikes while others eyed trade discussions and retail data.

Author: 0 Discovery Communications, Inc. (NASDAQ:DISCK) Broker Price Targets For The Coming Week

Analysts reported that the Price Target for Discovery Communications, Inc . might touch $36 high while the Average Price Target and Low price Target is $26.43 and $19 respectively. Comparatively, DISCA posted earnings of $0.56 per share in the same quarter, a year earlier. 03/03/2015 - Discovery Communications, Inc . was downgraded to "neutral" by analysts at Zacks.

Money Netflix, Inc. (NASDAQ:NFLX) Earns Outperform Rating from Sanford C. Bernstein
Author: 0 Netflix, Inc. (NASDAQ:NFLX) Earns Outperform Rating from Sanford C. Bernstein

Bronfman E.L. Rothschild L.P. boosted its stake in shares of Netflix, Inc . D E Shaw And Inc owns 2.24 million shares. Fulton Bancorp Na invested in 3,274 shares or 0.04% of the stock. 10/05/2017 - Netflix, Inc . had its "outperform" rating reiterated by analysts at Wells Fargo. Goldman Sachs maintained it with "Neutral" rating and $140 target in Tuesday, October 18 report.

Money Girl Scouts already gives girls what Boy Scouts plans to offer
Author: 0 Girl Scouts already gives girls what Boy Scouts plans to offer

She wants to see girls receive the same opportunity. Skelly admits there also are those within the Boy Scouts who may not view the change favorably, but then again, that's not a surprise to him either because he's heard it before. On Wednesday, BSA released a statement that its board of directors had voted unanimously to allow girls to participate from Cub Scouts , starting in 2018, to the highest rank of Eagle Scouts, starting in 2019.

Author: 0 Microsoft Corporation (MSFT) - Hot Stock Assessment

Greenlight Capital Re, Ltd. (GLRE) has risen 0.81% since October 13, 2016 and is uptrending. The company has mean EPS estimate of 0.79 reported by 16 number of analyst for the quarter ending Current Qtr.(Sep2017). The stock has "Overweight" rating by Barclays Capital on Wednesday, January 6. Clough Capital LP has 1.36% invested in Microsoft Corporation (NASDAQ: MSFT ).

Money Wells Fargo & Company Earnings Ahead: Quick Glance
Author: 0 Wells Fargo & Company Earnings Ahead: Quick Glance

Thompson Davis owns 4,931 shares for 0.85% of their portfolio. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since October 11, 2016 and is uptrending. It has underperformed by 9.16% the S&P500. Shares for $1.34 million were sold by Pelos Petros G . Mad River Investors holds 0.23% of its portfolio in Pingtan Marine Enterprise Ltd for 49,769 shares.

Money Oxford plans to start banning petrol and diesel cars from 2020
Author: 0 Oxford plans to start banning petrol and diesel cars from 2020

After the initial launch, the city will extend the area in 2025 and 2030; in 2035, non-zero-emission HGVs will also be banned from the area. The Zero Emission Zone proposals would cut the nitrogen dioxide level in Oxford city centre's most polluted street, George Street, by 74% by 2035, bringing it well below the legal limit, the authorities claim.

Money Southwest Announces Plan To Add Flights To Hawaii In 2018
Author: 0 Southwest Announces Plan To Add Flights To Hawaii In 2018

The airline anticipates beginning flights to the Pacific islands next year. When he was in Phoenix for Southwest's annual shareholders meeting in May, Kelly said for the first time that flights to Hawaii are a priority for the airline and suggested 2018 would be the year.

Money Bank of America ahead of the pack as rates rise
Author: 0 Bank of America ahead of the pack as rates rise

About 748,500 shares traded. Nike Inc (NYSE:NKE) has declined 9.24% since October 13, 2016 and is downtrending. This was up from $21.64 billion a year ago. Burney holds 1,701 shares or 0.02% of its portfolio. Bnp Paribas Arbitrage Sa invested 0.5% in Bank of America Corp (NYSE: BAC ). Natl Invest Wi invested in 73,423 shares or 1.87% of the stock.

Money Samsung Electronics CEO Kwon Oh-hyun to retire after March 2018
Author: 0 Samsung Electronics CEO Kwon Oh-hyun to retire after March 2018

The "unprecedented crisis" is apparently a reference to Samsung Group's de facto leader and Vice Chairman, Lee Jae-yong (aka, Jay Y. Lee) being sentenced to five years in prison after being found guilty of bribery, embezzlement, capital flight, and perjury charges.

Money Would you board Flight 666 to HEL on Friday the 13th?
Author: 0 Would you board Flight 666 to HEL on Friday the 13th?

What's more, the flight departed 20 minutes after the 13 hour of the day, but today's flight will be the last of 21 times FinnAir has flown the route on Friday 13 since 2006. For the last time, Finnair Flight 666 flew to HEL on Friday the 13th. But for flying professionals, the flight with the bravest passengers in the sky is just another day at the office.

Money U.S. bombers conduct drills off both coasts of Korean Peninsula
Author: 0 U.S. bombers conduct drills off both coasts of Korean Peninsula

The North Korean authorities were reported to have told one of the delegates that they were preparing the next test launch with a new intercontinental ballistic missile capable of reaching the west coast of the US. In his latest tweet over the weekend, Trump reiterated that diplomatic efforts with North Korea have consistently failed, adding that " only one thing will work ".

Money India's factory output in August highest in nine months
Author: 0 India's factory output in August highest in nine months

The Reserve Bank of India (RBI) while keeping the policy rates unchanged in its latest monetary policy review last week, marginally increased the inflation outlook to 4.2-4.6% for the second half (October-March) of the financial year. Capital goods output, which is reflective of the private sector investment scenario, rose 5.4 percent in August compared with (-) 0.1 percent contraction in July.

Money Equifax pulls another webpage due to hacking
Author: 0 Equifax pulls another webpage due to hacking

Equifax said that, out of an abundance of caution, the Atlanta company has taken the affected page offline, and it's looking into the matter. Already in the midst of the worst year ever for a credit-reporting agency, Equifax said Thursday that it was the victim of another cyberattack, this time involving a fake Flash downloader that greeted some people on its website.

Money Rep. Al Green Prepares Articles of Impeachment Against Trump Over Reckless Tweeting
Author: 0 Rep. Al Green Prepares Articles of Impeachment Against Trump Over Reckless Tweeting

Arguing that the House needs to vote to impeach Trump, Rep. Al Green said the president's recent tweets and comments about national controversies have incited hatred and bigotry against various minority groups including African-Americans playing in the National Football League (NFL), transgender individuals serving in the military and Puerto Ricans recovering from a natural disaster.

Money OPEC Chief Urges US Shale To Curb Oil Output
Author: 0 OPEC Chief Urges US Shale To Curb Oil Output

U.S. West Texas Intermediate (WTI) crude futures rose 38 cents, or 0.8 percent, to $51.30 a barrel. Saudi Arabia and Russian Federation, he said, are leading the initiative to bring in more producers. Last year, the bloc and some others producers made a decision to reduce production by around 1.2 million barrels per day from January 1, 2017. "At the moment, there is no talk of an extraordinary meeting", he told media.

Money Cook County Puts the Kibosh On the Beverage Tax
Author: 0 Cook County Puts the Kibosh On the Beverage Tax

Preckwinkle said in a statement after Tuesday's vote that she was " disappointed ". Cook County was the sixth county in the country to tax sodas and other sweetened beverages, while Philadelphia, Berkeley, Calif. "It means we will have a $200 million hole in our budget and we're really challenged in terms of delivering health care services, and our criminal justice reforms", Preckwinkle said in an interview with the Herald Tuesday.

Author: 0 Kobe steel admits falsifying quality data

Kobe Steel said on Sunday the products were delivered to more than 200 companies but it did not disclose customer names. "The scope of it is in some ways is really quite breathtaking", said Tim McDonald from the BBC. Railway companies including East Japan Railway Co. and Central Japan Railway Co. said that the problematic products had also been used in some of the Shinkansen bullet trains.

Money Nobel Prize-winning economist says he's nervous about stock market
Author: 0 Nobel Prize-winning economist says he's nervous about stock market

Thaler popularised the idea of " nudge economics", which emphasises subtly guiding humans toward beneficial behaviours without forcing them to comply. David Laibson, chair of Harvard University's economics department, said many of Thaler's theories have been widely applied by business and government, aiming to get individuals to do a range of actions such as paying parking tickets and getting flu shots.