Money

Sky TV's profit slumps on eve of merger decision

Sky TV's profit slumps on eve of merger decision

The commission is due to rule on the merger on Thursday morning. "I have concluded it is appropriate in the present case to make an order staying the effect of any clearance decision for a short period in order to enable the applicants to consider their options", High Court Justice Graham Lang said. Read More

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Won't introduce Rs 1K notes

Das also addressed the issue of the ongoing cash shortage at ATMs, still, more than two months after the introduction of new Rs 500 and Rs 2,000 notes. There were reports on Tuesday that Reserve Bank of India (RBI) was geared up to introduce a new series of Rs 1000 note with improvised design soon as it was withdrawn from market after announcement of demonetisation on November 8, 2016. Read More

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UPS tests drone deliveries in Florida with eye to cost cuts

UPS tests drone deliveries in Florida with eye to cost cuts

UPS ultimately wants to use the drones to deliver packages to homes in areas where their trucks can not easily reach and to speed up their delivery time. In its cage, it can carry a 10 pound package. UPS used a drone built into one of its iconic brown trucks to complete a delivery in Lithia, Florida, employing a truck and drone made by electric vehicle-maker Workhorse. Read More

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Nigeria's apex bank to release additional forex to banks

Nigeria's apex bank to release additional forex to banks

In continuation of efforts to increase foreign exchange availability and ease difficulties encountered in obtaining funds for some invisible transactions, the Central Bank of Nigeria (CBN) says it will commence sales of foreign exchange on weekly basis to banks classified into merchant banks, small banks, medium banks and big banks. Read More

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Names of officers in Ames shooting released

Names of officers in Ames shooting released

Responding officers saw two people in a vehicle fire shots into a crowd of people. Both officers are assigned to the police department's Safe Neighborhoods Team, and they remain on administrative leave pending an ongoing investigation into the shooting, Ames police spokesman Cmdr. Read More

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Have Wal-Mart Earnings Finally Turned a Corner?

Have Wal-Mart Earnings Finally Turned a Corner?

Wal-Mart moved into second place past year ahead of EBay Inc., accounting for 7.8% of online sales, up from 7.4% in 2015. Taking notice on volatility measures, price volatility of stock was 6.38% for a week and 5.49% for a month. We expect this trend to continue into the fourth quarter as well. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Read More

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California levee breach plugged

Crews from the United States Army Corps of Engineers were on hand Monday to assess the situation and plan for a permanent fix. Considering how much higher the water promised to rise in the storm system, some wondered how long it would be before water topped a local levee. Read More

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The Campbell Soup Company (CPB) Shares Sold by Smith Salley & Associates

The Campbell Soup Company (CPB) Shares Sold by Smith Salley & Associates

TheStreet upgraded Campbell Soup Company from a hold rating to a buy rating in a research report on Tuesday, November 22nd. 2/15/2017-Deutsche Bank AG initiated coverage with a Hold rating. Shares of Campbell Soup Company (NYSE:CPB) opened at 58.48 on Wednesday. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/02/21/campbell-soup-company-cpb-pt-lowered-to-60-00.html. Read More

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Police department's 'High Five Friday' program slapped down

Police department's 'High Five Friday' program slapped down

Northampton police started "High Five Friday" in December as a way to foster better relationships between police and children. About a dozen people attended, and concerns were shared that some of the students may respond negatively to a group of uniformed police officers at their school, specifically students of color, undocumented immigrants and children who may have had a negative experience with police previously. Read More

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QEP Midstream Partners, LP (NYSE:QEPM) Valuation According To Analysts

The analyst with the lowest target price views shares reaching $71 within the same period. MMP has been the topic of several research reports. 11/16/2016 - Magellan Midstream Partners L.P. The ex-dividend date of this dividend is Wednesday, February 1st. EQT Midstream Partners, 's revenue was up 14.2% on a year-over-year basis. This represents a $1.11 annualized dividend and a dividend yield of 3.36%. Read More

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Walmart beats as online sales continue to surge

In FY 17, Wal-Mart has reported 0.8 percent growth in the total revenue to $485.9 billion. The retailer does not break out its actual Canadian sales, although they are estimated to be more than $25-billion. analyst Zachary Fadem said. Wal-Mart Stores has a 1-year low of $62.72 and a 1-year high of $75.19. Still, Wal-Mart is feeling some short-term pain. Read More

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J. Cole coming to Columbia

J. Cole will embark on a massive, 57-date world tour this June in support of his latest album, 4 Your Eyez Only . In less than three months the album - which debuted at no. The concert will be Wednesday, Aug. 16 at the Amway Center. The rapper is touring behind his latest album, " 4 Your Eyez Only ", which was released in December 2016 and sold almost 500,000 copies in its first week. Read More

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SC mother of 3 'still in shock' over Walmart employee's kindness

SC mother of 3 'still in shock' over Walmart employee's kindness

She wrote on Facebook that after Dasant told them the total and Jordan was searching through her wallet, "She gave me a smile and said you guys look like you need a blessing tonight", wrote Jordan. "As we're scanning and scanning, she got in front of me, and it's like I saw a different face on her", Dasant told WLTX . Ashley took a photo with Dasant and posted it to Facebook , where it's garnered over 22,000 likes. Read More

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UK Journalist Steve Hewlett dies at 58

In a statement, Hewlett's family said: "Over the a year ago, we have been overwhelmed by the support of friends, colleagues and Radio 4 listeners". "Radio 4 listeners said that by sharing his story, Steve stopped them feeling alone". BBC director general Tony Hall described him as an "exceptional journalist" and a "trusted voice that embodied everything positive in public service journalism". Read More

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Province to slash, then eliminate MSP premiums

Province to slash, then eliminate MSP premiums

Referring to the spending measures announced Tuesday - including millions more towards education, health care, mental health, and the scandal-ridden children and families ministry - the minister called the spending a "dividend" arising from the budget surplus and "made possible by the people's hard work and people's beliefs in the province", he said. Read More

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Scripps Networks Interactive, Inc.'s (SNI), a stock from Broadcasting

Scripps Networks Interactive, Inc.'s (SNI), a stock from Broadcasting

Over the past month the firm's stock is 2.26%, 6.10% for the last quarter, 18.13% for the past six-months and 38.53% for the a year ago. In terms of earnings per share, 10 analysts have a 1.26 EPS mean target for the quarter ending Mar-17, for the quarter ending Jun-17, 10 analysts have a 1.69 EPS mean target and for the quarter ending Jun-17 there are 23 estimates of 5.32 EPS. Read More

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American Airlines Starts Selling 'Basic Economy' Fares

Basic economy fliers, for example, must wait to get a seat assignment at check-in, board in the last boarding group and are only allowed to board with a carry-on bag that fits underneath the seat in front of them. On one-way flights, the price break can be as little as $12. To ensure a smooth rollout, Basic Economy fares will first be offered in just one market, Minneapolis, to and from domestic hubs before expanding to the rest of the U.S., Caribbean and short-haul Latin America. Read More

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Fairfax in halt amid Domain IPO rumours

Fairfax took write-downs of $900 million or more in May 2016 to de-merge Domain from the rest of the company and turn it into a standalone business. Analysts expect Domain to be worth about A$2 billion ($1.54 billion) as a separately listed entity, the newspaper said. Read More

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Oil rises, but faces prospect of growing United States output

Oil rises, but faces prospect of growing United States output

Analysts said widening of positions by participants driven by pick up in demand in the spot market against tight stocks position on restricted supplies from producing regions mainly kept crude palm oil prices higher at futures trade. As crude oil prices recover further, cost reflation may partly offset reduced costs linked to less regulation. OPEC revealed that its January oil production output was down about 890,000 barrels per day in relation to its December production volumes. Read More

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First Solar swings to loss on restructuring, impairment charges

First Solar swings to loss on restructuring, impairment charges

The stock has a market cap of 94.13 Billion. The big loss was due mainly to a restructuring program announced in November, as a global oversupply helped drag panel prices down 35 percent previous year. First Solar said in November it would cut about 27 percent of its global workforce and transition to a new product ahead of schedule. That initial guidance from the company projected 2017 full-year earnings of breakeven to 50 cents a share on net sales of between $2.5 billion and $2.6 ... Read More

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Wal-Mart scores solid United States sales; earnings dip

At the very least, Wal-Mart's Q4 numbers provide reason for optimism that the company will be able to successfully adapt to the digital age of retail. The company now has a consensus rating of Hold and a consensus price target of $74.41. On Tuesday, the company reported that comparable-store sales fell 2.1% in the latest quarter and its profit dropped 13%. Read More

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Wells Fargo fires 4 executives as sham accounts scandal investigations continue

Wells Fargo fires 4 executives as sham accounts scandal investigations continue

The firings stem from federal and state authorities' findings past year that Wells Fargo employees opened more than two million deposit and credit card accounts that may not have been authorized by consumers. Federal prosecutors are now considering criminal or civil charges against the company, the Labor Department is investigating whether it illegally fired employees who reported the wrongdoing and several cities and states, including California, have stopped doing business with the bank for ... Read More

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Mystery Irish woman gives £50k fiver to charity

The recipients in Wales and Scotland stated in December they meant to keep the notes rather than sell them. Speaking about the most recently claimed note, Short told the BBC: "An old lady found it and she said "I don't want my picture in the papers.' And she said 'if it sells for a lot of money it will be better if young children could benefit from it". Read More

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Wal-Mart Earnings Fall, But Online Sales Surge

Even so, Wal-Mart Canada is winning away business from competitors, Nielsen data suggest. AEO is ahead its 52-week low with 17.41%and going down from its 52-week high price with -20.64%. Wal-Mart and other retailers face new challenges, as shoppers face uncertainty about health care and other issues under President Donald Trump. The stock hit 1-yearhigh at $74.66 and a low of $60.59 in the same period. Read More

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Zimbabwe President celebrates 93rd birthday

Zimbabwe President celebrates 93rd birthday

His wife said last week that even if he dies before the election, he should run " as a corpse ". Grace Mugabe told the cheering crowd: "If God decides to take him, then we would rather field him as a corpse ". Another leading candidate is Mugabe's vice president, Emmerson Mnangagwa . Despite growing calls to step aside, his party has endorsed Mugabe as its candidate for general elections next year, and he remains widely respected as a liberation hero by other African leaders. Read More

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Wal-Mart Stores, Inc. (WMT) Releases FY18 Earnings Guidance

Concert Wealth Management Inc. now owns 34,747 shares of the retailer's stock worth $2,540,000 after buying an additional 5,321 shares in the last quarter. Several equities research analysts have recently commented on the stock. Five analysts have rated the stock with a sell rating, twenty-two have given a hold rating and nine have given a buy rating to the company's stock. Read More

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Merkel Calls for Joint Fight With Russia Against Terror Despite Differences

German Chancellor Angela Merkel defended Islam as a peaceful religion Saturday night in a speech aimed at quelling growing anti-Muslim sentiment in Europe and the USA that has sparked in recent months hate crimes and political backlash. "A strong Europe can not mean Europe alone, just as I don't believe "America first" means America alone", he said. "We as non-Muslims can not do this, it should be done by Islamic clergy and authorities", she said. Read More

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UPS tests out drones near Tampa

UPS tests out drones near Tampa

The drone quickly made a drop-off at a home nearby and returned to the van, which had moved to another location to deliver a package. "Imagine a triangular delivery route where the stops are miles apart by road". Inside the nest is a Workhorse HorseFly autonomous drone with the ability to fly for 30 minutes and carry 10 pounds worth of packages. A drone carrying a UPS (UPS) package could be coming to a rural area near you in the future. Read More

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The Brexit Effect: HSBC Profits Fall 82%, More Sector Losses to Follow

The Brexit Effect: HSBC Profits Fall 82%, More Sector Losses to Follow

The dramatic drop in the price of oil, which is down by half from its peak in the summer of 2014, has reduced the demand for loans and increased the level of debt defaults. The results fell on the same day as Bank of England Monetary Policy Committee member Gertjan Vlieghe told the House of Commons' Treasury Select Committee that "we are probably not going to forecast the next financial crisis - nor are we going to forecast the next recession". Read More

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