Money

Whole Foods CEO calls Amazon buyout a

Whole Foods CEO calls Amazon buyout a "courtship"

And while New York City's retail players stressed they didn't have a crystal ball into Jeff Bezos' thinking, they said it's probably a little bit of both - Amazon is likely to apply its omnichannel expertise to the grocer while using its enviably-located stores to expand its own brick-and-mortar operations. Read More

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Amazon Inc Continues to Expand, Buys Whole Foods Market

Amazon Inc Continues to Expand, Buys Whole Foods Market

Charlie O'Shea, a Moody's lead retail analyst, told the Associated Press news agency that the deal could be "transformative, not just for food retail, but for retail in general". Similarly, Instacart was not privy to the news that Amazon was acquiring Whole Foods until the deal became public on Friday. This will allow Whole Foods to do what it does but better and more profitable. Read More

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The Ngam Advisors LP Takes Position in Carrizo Oil & Gas, Inc. (CRZO)

About 697,716 shares traded. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.30% with $45.73 Million sitting short, betting on future declines. Corecommodity Ltd Com has invested 0.4% in Carrizo Oil & Gas Inc (NASDAQ: CRZO ). 528,680 are owned by Arrowgrass Capital Prtn (Us) L P. Kempner Inc invested in 0.56% or 37,200 shares. Read More

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Kilroy Realty Corp (KRC) EPS Estimated At $0.88

It has outperformed by 4.44% the S&P500. Raymond James & Associates increased Spectra Energy Corp (SE) stake by 4.85% reported in 2016Q4 SEC filing. Envestnet Asset Management Inc. now owns 15,532 shares of the real estate investment trust's stock valued at $1,121,000 after buying an additional 1,447 shares during the last quarter. Read More

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Sears Canada says it is seeking court protection

Sears Canada says it is seeking court protection

The shares fell 25% to 60 cents on the Toronto Stock Exchange shortly after the open Wednesday. In January, when the Chicago-based company announced a round of store closures, it said in a statement: " Sears Holdings will continue to strategically and aggressively evaluate our store space and productivity, and accelerate the closing of some unprofitable stores as the company has previously announced". Read More

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In major blow to Brazil, US suspends meat product imports

In major blow to Brazil, US suspends meat product imports

The U.S. suspension will remain in place until Brazil's Agriculture Ministry "takes corrective action which the USDA finds satisfactory", according to the agency. Most attention will focus on decisions made in China, where Brazil has rapidly gained a market foot-hold, since gaining access 12 months ago. JBS was also named in the meat standards investigation, though the focus was on smaller companies, and it denied any wrongdoing. Read More

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China cracks down on toothpick crossbow toys

China cracks down on toothpick crossbow toys

Police in China's Chengdu have reportedly stopped sales of the toy and parents have urged the government to introduce a nationwide ban. Handheld crossbows that can fire out needles and nails are the latest must-have toy in China but anxious parents want them banned before a young child gets blinded or worse. Read More

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IL Increases Position in Synchrony Financial (SYF)

Balyasny Asset Management Llc increased Synchrony Financial ( SYF ) stake by 31.89% reported in 2016Q4 SEC filing. Trexquant Investment LP boosted its position in shares of Synchrony Financial by 346.8% in the fourth quarter. The correct version of this news story can be accessed at https://www.themarketsdaily.com/2017/06/21/next-financial-group-inc-has-102000-stake-in-synchrony-financial-syf-updated-updated-updated-updated.html. Read More

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Foxconn lining up over $10-bn investment across several USA states

Foxconn lining up over $10-bn investment across several USA states

This is a first for the world's largest contract electronics manufacture since Foxconn now primarily operates facilities in China, where they labor over 10 million people and assemble most Apple , Blackberry, and other smartphones. During the shareholders meeting, Gou said that the six states where he is now considering investing include Indiana, Michigan, Illinois, Ohio, Pennsylvania and Wisconsin, although he replaced Illinois with North Carolina when talking to reporters after the meeting. Read More

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Which Analysts Are Watching Coca-Cola Company (The) (NYSE:KO)?

Which Analysts Are Watching Coca-Cola Company (The) (NYSE:KO)?

The stock price increased 0.51% or $-0.23 versus $45.38 at the end of the prior session. About 2,014 shares traded. Foamix Pharmaceuticals Ltd (NASDAQ:FOMX) has declined 30.16% since June 21, 2016 and is downtrending. Shore Capital maintained the shares of CCH in report on Thursday, August 11 with "Sell" rating. Finally, Morgan Stanley lifted their price objective on shares of Coca-Cola Company (The ) from $42.00 to $44.00 and gave the company an "equal weight" rating in a report on ... Read More

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Arsene Wenger: Arsenal need Olivier Giroud

Man Utd are one of a number of clubs who are reportedly interested in signing the striker with reports earlier this year suggesting that Jose Mourinho was bewitched by the 18-year-old . Ten-men Arsenal were leading 1-0 in Paris through Sol Campbell's first-half goal when the Cameroon striker ran onto Henrik Larsson's layoff before slotting past substitute keeper Manuel Almunia with just 14 minutes left before Juliano Belletti netted the victor just four minutes later. Read More

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Australia says to resume air strikes in Syria after Russia threat

Australia says to resume air strikes in Syria after Russia threat

It also comes after an American F/A-18E Super Hornet fighter jet shot down a Syrian SU-22 fighter-bomber Sunday in northern Syria as it "dropped bombs" near the Syrian Democratic Forces, a US-backed alliance fighting IS. The drone was destroyed by USA jet near northeast of the Tanf Iraq-Syria border crossing as per a statement by Pentagon. "That would be another mistake on the scope of the Iraq War", he said. Read More

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London Stock Exchange Group Plc

Berenberg Bank restated a buy rating and issued a GBX 8,500 ($108.29) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday, May 15th. Courier Capital Corp increased Ishares Tr (IJR) stake by 18,077 shares to 33,003 valued at $4.54 million in 2016Q4. Marriott International Inc (NASDAQ:MAR) was reduced too. Read More

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Google launching new VR format VR180

Google launching new VR format VR180

Video blogs, for example, can become a lot more immersive with VR180, but there's never really been a good reason to look the other way when you watch a video of someone talking straight into a camera. Today, YouTube announced a kind of middle ground between regular videos and VR-oriented 360-degree clips. YouTube is pushing creators to embrace 180VR through its YouTube Spaces studios , which will soon give out compatible cameras as loaners. Read More

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McDonald's to add delivery service, but there's a catch

McDonald's to add delivery service, but there's a catch

It will be available from 22 locations across London, and another 10 restaurants in Leeds and Nottingham, and fans have taken to Twitter, calling the announcement: "The best news ever!". McDonald's said restaurant teams would be monitoring the trial closely to see what worked and what did not. KFC, pairing with Just Eat, launched its own home delivery service across 30 restaurants in Greater London earlier this year. Read More

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Fed: Biggest US banks strong enough to withstand recession

Fed: Biggest US banks strong enough to withstand recession

Powell said. America's biggest banks breezed through the first phase of the annual test. Overall, officials found that in the most severe scenario, companies would have suffered about US$383 billion in losses on loans. and Wells Fargo and Co., which are the four biggest US banks by assets. Citigroup performed the best with a tier 1 capital ratio of 9.7 per cent. Ally Financial and KeyCorp were both below seven per cent. Read More

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Tusk holds out hope that Brexit can be reversed

France's new president Emmanuel Macron spoke of working with Germany to revive European integration and did not refer at all to Britain during his remarks before talks got under way. A full policy paper is due to be published on Monday, with more details, including on digital tools to "register people in a light touch way" and more details on the status of family members. Read More

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Amazon deal rocks retail sector

Amazon deal rocks retail sector

Mr Bezos is known for making unconventional decisions and having big ambitions, and this could mean a more frontal assault on Walmart - a face-off between the old and the new dominant forces in the retail world. "This just gives them more options, and that's what consumers want". About 50 percent of US households have an Amazon Prime membership. In May, under pressure from Jana Partners, Whole Foods replaced five board members and its chief financial officer. Read More

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Oil Prices Flat; Set For Worst First Half Since 1997

The fall in crude price came despite larger than expected USA crude and gasoline inventories, a sign that confidence in the OPEC deal is shaky. The U.S. Nigeria's crude oil exports are set to exceed 2 million bpd in August, the highest level planned for 17 months. Crude oil theft in the oil-producing Niger Delta leads to frequent shutdowns, limiting output, and militant attacks throughout 2016 hobbled the entire oil industry. Read More

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Gap Inc (NYSE:GPS), Goodyear Tire & Rubber Co (NASDAQ:GT)

Jefferies upgraded Goodyear Tire & Rubber Co (NASDAQ:GT) on Tuesday, June 20 to "Buy" rating. The stock of Goodyear Tire & Rubber Co (NASDAQ:GT) has "Buy" rating given on Thursday, January 14 by Standpoint Research. The legal version of this piece can be accessed at https://transcriptdaily.com/2017/06/22/wbi-investments-inc-has-8-46-million-stake-in-goodyear-tire-rubber-co-gt-updated-updated-updated.html. Read More

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Turkey, Saudi Arabia to try to reduce tensions over Qatar

ABU SAMRA, QATAR-SAUDI ARABIA BORDER Thousands of camels crossed Saudi Arabia's desert border into Qatar on Tuesday and were reunited with their owners after being stranded for days at a frontier shut because of a feud among Arab powers. Economy Minister Nihat Zeybekci said Wednesday that Turkey had already sent 105 cargo flights to Qatar loaded with aid to help the country through the crisis. Read More

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What Climate Accord Withdrawal Means for Law Firms and Clients

What Climate Accord Withdrawal Means for Law Firms and Clients

President Donald Trump announced last week that the USA would withdraw from the Paris climate accord , saying that America bears too much of the burden and that he will seek better terms. Fracking will continue to reduce American emissions during Trump's presidency, just as it did during his predecessor's, and now that we've abandoned the predominant worldwide climate strategy, grassroots alternatives will benefit from more time, money, and attention from greens. Read More

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Di Maria to plead guilty to tax fraud

The deal will have to be ratified by a judge when the case goes to court. Di Maria is believed to have defrauded the Spanish authorities of £1.14 million and has been ordered to pay a fine of £1.76 million. Barcelona's Lionel Messi , Neymar and Javier Mascherano have also had issues with the authorities in the past few years. In 2016, Barcelona defender Javier Mascherano received a one-year suspended prison sentence for tax fraud while Barca superstars Lionel Messi and Neymar are ... Read More

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Adele visits London firefighters after tower block blaze

Other councils in east London have reassured residents with checks. There has been a lot of anger at the government and local authorities for how they handled the disaster. All council blocks that are eight stories or higher have had a new fire risk assessment if they hadn't had one in the last hree months. It's as Ribble Valley Conservative Councillors have offered to help house some of the homeless victims of the Grenfell Tower in Kensington on a temporary or permanent basis. Read More

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Oil price extends drop to 7 month lows, despite OPEC cuts

Oil price extends drop to 7 month lows, despite OPEC cuts

West Texas Intermediate crude, the US benchmark, settled at $43.23 a barrel in NY, down more than 20 percent from its highest close this year, in February. Analysis says that this is because concerns about a glut expanded as Libya and Nigeria, which did not sign the OPEC's production reduction agreement, recovered their production volume and the USA scaled up its own production. Read More

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