Economy

Virgin America to be fully absorbed by Alaska Airlines by end 2019

Virgin America to be fully absorbed by Alaska Airlines by end 2019

Virgin America will disappear in 2019, the airline said Wednesday, becoming fully integrated into Alaska Airlines, the company that acquired it almost one year ago. Free entertainment, such as movies and TV shows, will now be available to guests on the Boeing fleet on their own devices. But with the acquisition of Virgin America, the carrier said it is now expanding the number or first-class and premium-class seats by 50%, beginning at the end of 2018. Read More

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Winnebago Industries, Inc. (WGO) Shares Up 6.3% on Better-Than-Expected Earnings

Winnebago Industries, Inc . (NYSE:WGO) has risen 15.79% since August 15, 2016 and is uptrending. Moreover, Renaissance Group Llc has 0.52% invested in the company for 249,533 shares. WGO has been the topic of several analyst reports. Zacks Investment Research raised shares of Winnebago Industries from a "hold" rating to a "buy" rating and set a $40.00 price target for the company in a report on Friday, December 23rd. Read More

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Alaska will fold Virgin America brand within two years

Alaska will fold Virgin America brand within two years

While Virgin America would continue to operate in its usual hip and trendy manner for now, Alaska declared that the merged company's flights would be flying under one brand sometime in 2019. Alaska promises to be more generous with upgrades for its top-tier frequent flyers. Fans of Virgin's Economy seats, which feature in-flight entertainment systems, need not fear, as the feature would be retained even after the brand is retired. Read More

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Former Russian lawmaker shot dead in Ukraine

Former Russian lawmaker shot dead in Ukraine

KIEV, Ukraine (AP) - A former Russian lawmaker Denis Voronenkov was shot and killed in Kiev Thursday in what Ukrainian police described as a contract hit probably ordered by Russia. He left Russian Federation with his wife, singer Maria Maksakova, who was also involved in politics. "Yes, I confirm, it is Denis Voronenkov", he said. Read More

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Article 50 Trigger Date March 29, Downing Street Confirms

Either way, some countries are anxious about holding a big gathering in between the two rounds of the French election. For British voters they do not, especially for Conservative voters. Tusk has said he would issue draft guidelines for negotiations within 48 hours, although these will need to be approved by European Union leaders. May begun the process in mid-March as expected. Read More

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Tesco pulls Heineken beers in price row

Tesco pulls Heineken beers in price row

The Evening Standard reports that the brands make up more than half of Heineken's range, and include Sol, Amstel, Kingfisher and Tiger. The move comes after the Dutch-based brewer unveiled plans to increase prices by an average of 6p a pint, pointing to "prevailing economic conditions" following a 15-percent slump in sterling in the wake of the Brexit vote. Read More

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Amazon resumes takeover talks with UAE's Souq.com

Amazon resumes takeover talks with UAE's Souq.com

Souq now controls around 78% of all e-commerce in the Middle East and North Africa (MENA) region, as it offers 8.4 million products on its website. The company offers 8.4 million products on its site - having recently begun selling books and groceries - to customers in countries including the United Arab Emirates, Egypt and Saudi Arabia. Read More

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ROE of Marathon Oil Corporation (MRO) stands at

The company is also working to strengthen its balance sheet and has ample liquidity to meet its current debt obligation. 5,721,216 shares of the company's stock traded hands. The ex-dividend date of this dividend was Tuesday, February 14th. This stacks up against $1,229.00M, on a sequential basis. Murphy Oil's payout ratio is now -62.50%. Read More

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Amaya posts fourth-quarter profit as costs drop

Amaya posts fourth-quarter profit as costs drop

The Chief Executive Officer of the company Rafi Ashkenazi commented , describing the year 2016 as a record year of revenues for the Canadian operator. Over the first two months of the year, the gambling giant estimated its unaudited overall revenues would amount to approximately $215.3 million, which represented a 13.3% increase in comparison to the same period a year earlier. Read More

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Compliments are swirling after brewery makes beer with treated sewer water

Compliments are swirling after brewery makes beer with treated sewer water

One creative brewer is bringing his craft to a whole new level of sustainability, repurposing water once used in processing toilet waste for beers. "Toilet to tap" is what the people are calling it. The recycled water only needed some salts before brewing. City officials hailed the beer as a milestone for its efforts, and some can't wait for the recycled water to be made available to other breweries in the area. Read More

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Sears has 'substantial doubt' that it will survive

Sears' chief financial officer, Jason Hollar, tried to soothe investors in a blog post Wednesday on Sears Holdings' website, saying that although "regulatory standards" required Sears to issue the "substantial doubt" statement because of its potential risk, the retailer "remains focused on executing our transformation plan and will continue to take actions to help ensure our competitiveness and ability to continue to meet our financial obligations". Read More

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Earnings Analysis Of Hewlett Packard Enterprise Company (HPE)

Earnings Analysis Of Hewlett Packard Enterprise Company (HPE)

Finally, Independent Portfolio Consultants Inc. raised its position in Hewlett Packard Enterprise by 308.9% in the third quarter. 02/15/2017 - Hewlett Packard Enterprise Co was upgraded to "positive" by analysts at OTR Global. The ex-dividend date is Monday, March 13th. Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015. The research report and subsequent rating should be used to complement individual homework and strategy. Read More

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Kiwi transgender weightlifter wins in first outing

Kiwi transgender weightlifter wins in first outing

Transgender Kiwi weightlifter Laurel Hubbard's global debut has been dubbed a major hit by an Australian official who believes she is a fantastic role model. Hubbard's been quiet about her success, refusing to comment on what appeared to be an emotional win. According to the Herald, Hubbard fought back tears as she waited to collect her medal after the competition on Sunday. Read More

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Raptors-Bulls: Fight, comeback, streak dead, maximum entertainment

The league also fined Raptors assistant coach Jamaal Magloire $15,000 for shoving Nikola Mirotic and "acting as other than a peacemaker as part of the same altercation". "What happened is that he was playing physical basketball and he got frustrated", Ibaka said. Serge Ibaka has been contributing to the Toronto Raptors with his solid play at both ends of the basketball court since coming over in a trade deadline deal in February. Read More

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Exxon Can't Locate A Year's Worth Of Rex Tillerson's 'Wayne Tracker' Emails

Exxon Can't Locate A Year's Worth Of Rex Tillerson's 'Wayne Tracker' Emails

Exxon is under investigation by New York State Attorney General Eric T. Schneiderman for allegedly misleading shareholders and investors about risk-management issues related to climate change. The issue that affected the Wayne Tracker account was an "isolated occurrence" that resulted from the standard configurations of Exxon's Microsoft Exchange system, the company said. Read More

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Starbucks to Create 240000 Jobs by 2021

Starbucks to Create 240000 Jobs by 2021

A social-media driven uproar followed, with a common complaint that Starbucks should instead hire veterans. What's more, the company said its planned rollout of voice-activated order capabilities via Amazon's Alexa in Ford vehicles outfitted with SYNC3 technology was on track for later this year, while customers can now place voice-command orders through an expansion of the My Starbucks Barista app, powered by artificial intelligence - an initiative announced at its investor day in NY last ... Read More

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Analog Devices, Inc. (NASDAQ:ADI), Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Rating Scale: 1.0 represent "Strong Buy" and 2.0 signify "Buy" 3.0 while shows "Hold". Wells Fargo & Co cut shares of Analog Devices from an outperform rating to a market perform rating in a research note on Thursday, February 16th. Sales growth in the quarter for Analog Devices, Inc . On 5/21/2013 Analog Devices, Inc . announced a quarterly dividend of $0.34 2.99% with an ex dividend date of 5/29/2013 which will be payable on 6/11/2013. Read More

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United Kingdom says cabin ban on laptops to go into effect Saturday

Today (Tuesday), Britain announced that it will join the U.S. in its new policy that will prohibit carrying electronic devices larger than cellphones on flights departing from Middle Eastern countries. The US Department of Homeland Security say explosives could be hidden in such devices, citing the 2015 airliner downing in Egypt, the 2016 attempted airliner downing in Somalia, and the 2016 attacks against airports in Brussels and Istanbul. Read More

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Oil price falls by 1% as worries over US output mount

The lack of compliance now seen from major producers such as Iraq and non-Opec producer Russian Federation, however, is likely to create a challenge when it comes to extending the deal. United States oil producers, who are shut out of such a deal by anti-trust laws, continue to keep global inventory levels high. "Consequently, a potential slowdown in Malaysian exports in 2HFY17", he explained. Read More

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Existing home sales ease in February from a 10-year high

Existing home sales ease in February from a 10-year high

Total existing-home sales cooled off after a strong start to 2017. "Newly listed properties are being snatched up quickly so far this year and leaving behind minimal choices for buyers trying to reach the market", he added. A six-month supply is viewed as a healthy balance between supply and demand. The unsold inventory at the end of February represents 3.8 months of supply at the current sales pace compared to 3.5 months at the end of January. Read More

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Freeport-McMoRan Inc. (NYSE:FCX) Down -0.72% Pre-market

Freeport-McMoRan Inc. (NYSE:FCX) Down -0.72% Pre-market

A total of 14 equity analysts have released a ratings update on FCX. zero equity analysts rating the company a strong buy, four equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $10.91. Read More

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Silver Wheaton (NYSE:SLW) reports 4Q16 Profit Up 36%; Beats Street View

Silver Wheaton (NYSE:SLW) reports 4Q16 Profit Up 36%; Beats Street View

The firm's revenue for the quarter was up 29.0% on a year-over-year basis. Taking a quick step back, SLW shares have averaged a swing of 4.3% either way in the session subsequent to reporting in the past eight quarters. Silver Wheaton Corp . (USA) (NYSE:SLW) has a Return on Assets of 0.30%. Cypress Wealth Advisors LLC increased its position in Silver Wheaton Corp .by 3.3% in the fourth quarter. Read More

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Digital Free Trade Zone launched

Digital Free Trade Zone launched

The facility will act as a warehouse and centralised customs clearance for Malaysia and the region, Alibaba said in a statement. Alibaba Cloud will also be creating a platform dedicated to Malaysian SMEs, offering a range of cloud-enabled solutions from big data tools to Internet of Things capabilities. Read More

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