Money

Author: 0 Uber pays $20m to settle claims of misleading drivers

The ride-hailing company said on its website that some Uber drivers made more than $90,000 in NY and $74,000 in San Francisco when the real earnings were $61,000 and $53,000, respectively, the Federal Trade Commission said in a statement .

Author: 0 Analysts Actions to Focus: Bristol-Myers Squibb Company (NYSE:BMY)

The stock is now showing its Return on Assets (ROA) value of 10.3 Percent. Bristol-Myers Squibb Company (NYSE: BMY ) will report its next earnings on 26-Jan-17. The Company Touched its 52-Week High on Jul 15, 2016 and 52-Week Low on Oct 25, 2016. The growth estimate for The Kroger Co. Bristol-Myers Squibb Co makes up approx 0.37% of Shell Asset Management Co's portfolio.Carlton Hofferkamp Jenks Wealth Management boosted its stake in BMY in the latest quarter, The investment management ...

Money (GE) Position Increased by Boys Arnold & Co. Inc
Author: 0 (GE) Position Increased by Boys Arnold & Co. Inc

Robecosam Ag sold out all of its stake in GE during the most recent quarter. "We delivered $1.49 of earnings per share this year and 1 percent of organic growth". Emerson Electric Co. has a 1-year low of $41.25 and a 1-year high of $58.28. The Market Capitalization of the company stands at 276.36 Billion. The stock's next day closing price was $28.76 with the loss of -0.31% in its share price.

Author: 0 Occidental Petroleum Corporation (OXY) Director Sells $278400.00 in Stock

The stock had a trading capacity of 13.21M shares. Shares reduced -0.74% to trade at $18.77 in most recent trading session. Currently, Occidental Petroleum Corporation (NYSE:OXY) has an FCF score of 1.087961. 21 number of analysts have estimated the sales of the company for the quarter ending Feb 22, 2017- Feb 27, 2017, analysts estimated mean sale target of 405.7 million while high and low sale targets are estimated at 473.9 million and 350.83 million respectively.

Author: 0 China industrial production up 6% in 2016

The forecast 6.7 percent growth rate would still be near the slowest quarterly pace since the global crisis, and China's weakest annual expansion in 26 years. According to the national statistics bureau, the figure was a "good start" for the government's goal of achieving 6.5 per cent annual growth through to 2020.

Money Mallinckrodt to pay $100 million to settle FTC probe
Author: 0 Mallinckrodt to pay $100 million to settle FTC probe

The FTC's complaint alleges that Questcor illegally acquired the US rights to develop Synacthen Depot from Novartis. Though Synacthen is not approved in the USA, it is used in other countries to treat infantile spasms and nephrotic syndrome, two of Acthar's key indications, the FTC says.

Author: 0 Trump's first decision: To develop missile defense system

Even though there won't be any tanks or missile launchers, the parade will still feature five military flyovers with 20 planes. The Air Force will fly the F-35, F-16, F-22, and F15-E. and NY. "We will provide our military leaders with the means to plan for our future defense needs", it said. The Army will fly four UH-60 Black Hawk helicopters.

Author: 0 The economy is closer to running on its own, Yellen says

However, sputtering productivity growth and growing income inequality are serious long-term concerns. Ms Yellen also warned that waiting too long to raise rates could risk a "nasty surprise" down the road , but that increasing interest rates too rapidly would push the economy into a new recession, reports The Telegraph .

Money Oracle pays white men more and favours Asians for technical roles
Author: 0 Oracle pays white men more and favours Asians for technical roles

Oracle "continues to utilize a recruiting and hiring process that discriminates against qualified African American, Hispanic and White applicants in favor of Asian applicants, particularly Asian Indians....", the suit claims. If Oracle doesn't settle things out with the Department of Labor, it could be looking at the cancellation of its lucrative federal contracts, as well as being blocked from applying for new ones, the press release states.

Money Seahawks Could Lose 2nd Round Pick For Not Disclosing Injury
Author: 0 Seahawks Could Lose 2nd Round Pick For Not Disclosing Injury

If the National Football League indeed takes away a second-round draft pick, Carroll's unsolicited blabbing about Richard Sherman's injury will be another example of the coach's boundary pushing having a good side and a costly side. Carroll's wacky, "I'm a player's coach" persona and coaching style may be different from say, Bill Belichick, but there's no way in hell that he doesn't know what's going on with his injury report and the official status of his players.

Author: 0 Berwick MP welcomes PM's 'global approach' after key Brexit speech

Mr Moscovici reiterated that view: "Brexit means Brexit, which is to say that it is not the same to be out than in, and it can not be better to be out than in, because it can not be so". Getting rid of barriers to trade in services, the dominant sector in Britain's economy, is also likely to be hard, although those backing Brexit argue barriers already exist within the EU.

Money Barclays PLC Reiterates
Author: 0 Barclays PLC Reiterates "Overweight" Rating for Imperial Tobacco Group PLC (IMT)

The business's revenue for the quarter was up 1.4% on a year-over-year basis. Reynolds American ( NYSE:RAI ) traded up 0.940% during trading on Wednesday, hitting $58.545. In contrast to the year ago quarter EPS was at 0.65. The EPS growth in the running year displays a value of 38.20%. Capital Research Global Investors now owns 32,092,980 shares of the company's stock worth $1,513,184,000 after buying an additional 9,023,817 shares during the period.

Author: 0 American First To Follow United's Lead With New Basic Economy Fares

According to Isom, the new fare class is created to put American in a better position to compete against the growing presence of ultra-low-cost carriers. American serves more than 1,000 destinations with about 14,000 daily flights to more than 150 countries. The good news is the Basic Economy ticket will still entitle you to a free beverage and snack on your flight, and you can still enjoy the entertainment that may be on the plane, so it's not a total loss.

Author: 0 Vegemite tastes better on Australian cheese

Michael Mitchell, a Mondelez spokesman, said about 200 employees will be offered roles "on comparable terms" with Bega Cheese . Bega said the deal , which will be funded by bank debt, represented the flawless opportunity to diversify beyond dairy into other markets.

Money Yellen says Fed close to achieving its economic goals
Author: 0 Yellen says Fed close to achieving its economic goals

As recently as December, 11 of the 17 members of the Fed estimated they would raise rates three or more times in 2017. Janet Yellen, the chairman of the US Federal Reserve , said the economy had come a long way in recovering from the 2008 financial crisis and that she and her colleagues expect the central bank to raise interest rates "a few times a year" until 2019.

Author: 0 Watch List Stock: Kinder Morgan, Inc.'s (KMI)

Kinder Morgan , Inc.'s (KMI) stock price distance from twenty day simple moving average surged at 5.32% while its distance from fifty day simple moving average raised 5.67% along with 12.35% above distance from two hundred simple moving averages.

Money Rio Tinto plc (RIO) Given Neutral Rating at Citigroup Inc
Author: 0 Rio Tinto plc (RIO) Given Neutral Rating at Citigroup Inc

Macquarie's price target indicates a potential upside of 26.11% from the stock's previous close. The stock now has a consensus rating of "Hold" and an average target price of GBX 2,773.56 ($34.65). The stock's market cap is GBX 62.02 billion. The legal version of this piece can be read at https://www.com-unik.info/2017/01/18/rio-tinto-plc-rio-receives-outperform-rating-from-credit-suisse-group.html.

Author: 0 United Continental Holdings Inc (UAL) Posts Q4 Earnings Beat

Moreover, Barclays Public Limited Company has 0.01% invested in United Continental Holdings Inc (NYSE:UAL) for 206,929 shares. Advisor Group Inc. purchased a new position in United Continental Holdings during the second quarter valued at about $176,000.

Money Pearson savaged on brutal day of profit warnings
Author: 0 Pearson savaged on brutal day of profit warnings

Pearson blamed further declines in North American sales of higher-education course materials for the warning but said it still expects its 2016 operating profit to be in line with its previous guidance. Now the Penguin stake is up for sale, meaning Pearson may lose another storied name after recent divestments of the Financial Times and a 50 percent stake in the Economist.

Money US Stocks Close Lower After Trump's Dollar Comments
Author: 0 US Stocks Close Lower After Trump's Dollar Comments

Yesterday Donald Trump said he thought the dollar was " too strong ". "And it's killing us ". Though Trump has a reputation for breaking with tradition, the unorthodox statement still came as a surprise. That makes it harder for US companies to sell overseas - and tends to hit manufacturing particularly hard. Despite a solid start to earnings season, USA stocks and the dollar were both sent reeling by remarks from President-elect Donald Trump that the greenback was "too strong".

Author: 0 Kim Kardashian's Ocean's Eight cameo centres around jewellery heist

The all-female spin-off also features Cate Blanchett, Rihanna, Anne Hathaway, Helena Bonham Carter , Mindy Kaling , Awkwafina and the recently confirmed James Corden . Kardashian is back in NYC this week after her recent trip to Dubai, where she made her first official public appearance since her harrowing Paris robbery in October.

Money Obama Cuts Chelsea Manning's Prison Sentence
Author: 0 Obama Cuts Chelsea Manning's Prison Sentence

The move to release Manning, a 29-year-old Army private from Oklahoma, marks a sharp reversal for Obama, who has ordered US prosecutors to vigorously pursue cases of government or military officials leaking secret information to the public.

Money WV residents covered in dairy settlement
Author: 0 WV residents covered in dairy settlement

The suit was settled in September , with the defendants agreeing to pay $52 million without admitting or denying wrongdoing. The lawsuit was spearheaded by the animal protection group Compassion over Killing . The states are Arizona, California, Kansas, Massachusetts, Michigan , Missouri, Nebraska, Nevada, New Hampshire, Oregon, South Dakota, Tennessee, Vermont, West Virginia and Wisconsin.

Author: 0 Morgan Stanley (NYSE:MS) missed earnings on 2 occasions

Three analysts surveyed by Zacks predictable $8.49 billion. The company was founded by Harold Stanley and Henry S. Morgan on September 16, 1935 and is headquartered in New York, NY. The company has a consensus rating of Buy and an average target price of $36.73. FILE - This Aug. 12, 2014, file photo, shows the headquarters of Morgan Stanley , near Times Square, in NY.

Author: 0 Wal-Mart's Slowdown Gets Repackaged as a Growth Plan

Investors applauded the approach, sending Wal-Mart's shares up as much as 3.2 percent to $69.29. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new position in Wal-Mart Stores during the second quarter valued at approximately $100,000.

Author: 0 December 2016 UK CPI 1.6% vs 1.4% exp y/y

Consumer prices rose 1.6 percent compared with a year earlier, the Office for National Statistics said , above economists' expectations in a Reuters poll for a 1.4 percent rise and up from 1.2 percent in November. Tom Stevenson, investment director at Fidelity International , said: "Inflation is back with a vengeance". The Bank forecast in November that inflation will hit 2.7% by the end of this year but many experts say the cost of living could be above 3% by the summer.

Author: 0 Oil Inches Higher On Saudi Oil Minister's Optimistic Forecast

The U.S. Energy Information Administration forecast that U.S. oil production would rise through 2017 to nine million barrels per day. Oil prices are also supported by the depreciation of the United States dollar. Traders are also watching rising USA output with interest, as this could offset supply cuts elsewhere. "I am sure that OPEC and non-OPEC states would commit to oil cut".

Money Schumer Says Trump's HHS Nominee May Have Broken The Law
Author: 0 Schumer Says Trump's HHS Nominee May Have Broken The Law

The bill, HR 4848 , would delay and suspend the Centers for Medicare & Medicaid Services program to shift the business model for hip and knee implants from fee-for-service to an outcomes-based model. Price, a physician who is chairman of the House budget committee and a member of the House ways & means panel, introduced the "Healthy Inpatient Procedures Act" March 23, 2016.

Author: 0 Nigerian economy to grow by 0.8% in 2017 and 2.3% in 2018

The Indian economy is likely to revive to touch 7.7 per cent growth rate in 2018. Paradoxically, India has to get over a self-inflicted reversal and regain growth stability at a time the world economic activity has begun to pick up the pace from the second half of 2016.

Money Luxottica, Essilor $24 billion merger creates eyewear giant
Author: 0 Luxottica, Essilor $24 billion merger creates eyewear giant

The $49 billion deal, expected to close in the second half of the year, will create "EssilorLuxottica", with total revenue of about $16 billion and more than 140,000 employees. Delfin would be the largest shareholder, owning between 31 percent and 38 percent of the new company. Essilor is No. 2, with a 13% market share. Voting rights will be capped at 31 percent.

Author: 0 Just 8 men hold more wealth than half the world's people

REUTERS/Carlos BarriaA homeless woman sits on a bench few blocks away from the White House in downtown Washington, September 1, 2015. New data on global wealth distribution have suggested that the gap between the rich and the poor is far greater than had been feared as just eight men - six Americans, one Mexican and one Spanish - own the same amount of wealth as the poorest half of the world's population.

Money 'Don's Johns' label taped over on Trump inauguration portable toilets
Author: 0 'Don's Johns' label taped over on Trump inauguration portable toilets

Even Trump could see how bad that looks - and how quickly the jokes could turn into potty humor. Trump, whose middle name is John, will be inaugurated as the 45th president of the United States at the US Capitol next Friday, an event expected to draw thousands of onlookers onto the National Mall who will use the facilities, of which there are about 2,000, according to Weghorst.

Author: 0 See Where Fencing Has Yet to Be Built Along Mexico Border

Mexico's President added that they will not accept anything that goes against their dignity as a country and their dignity as Mexicans. Fiat Chrysler CEO Sergio Marchionne also said the company might end Mexican production if tariffs imposed on vehicles made in Mexico for the US market are too high.

Money Wasserman Schultz grills Federal Bureau of Investigation chief over Russian hacking issue in closed-door meeting
Author: 0 Wasserman Schultz grills Federal Bureau of Investigation chief over Russian hacking issue in closed-door meeting

Democrats have blamed Comey's handling of the inquiry into Clinton's use of a private email server, and his late-October public letter about the case, in part for her loss to Republican Donald Trump. "Before, there was no jury in my mind", Cummings said. "Many of us have worked with Director Comey; all of us respect him". "I hope very much he is able to share his conclusions and observations with the public because everyone will benefit from thoughtful evaluation and transparency regarding ...

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