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Wild Ride: Dow Plunges by almost 1600 Before Bouncing Back

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Wall Street pros, citing still strong business conditions in the US, continued to try to put the recent market downturn in perspective, reminding investors that the broad Standard & Poor's 500 stock index had rallied almost 44% following its last 5% downturn 20 months ago. Read More »

EE trains staff in online child safety to better guide parents

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Helen Westerman, the charity's campaigns manager, said: "Children love being in the online space". Not everything you read or everyone you talk to online can be trused. "Nearly everyone uses it now", she said. It will promote the safe, responsible and positive use of digital technology. She added: "The internet wasn't set up with children in mind". Read More »

Bank to hold rates amid speculation over May hike

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Likewise, Mortgage Choice CEO John Flavell made reference to global factors that he believes would have also contributed to the RBA's decision. Commenting after the Reserve Bank's first board meeting of the year, Dr Lowe said the various forward indicators of employment point to further solid jobs growth with a further gradual reduction in the unemployment rate. Read More »

Barnier warns Britain over post-Brexit trade

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While the European Union won't accept an end to the freedom of movement during the transitional period after March 2019, the fate of those who move to Britain after its withdrawal from the bloc and haven't stayed long enough to acquire residency rights by December 2020 is a legitimate question, the official said. Read More »

The Bon-Ton Files For Bankruptcy Protection

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Amazon, meanwhile, saw its latest quarterly profit soar past $1 billion for the first time as it sold more voice-activated gadgets, enlisted new Prime members and benefited from its recent purchase of Whole Foods. Bon-Ton now operates 260 retail locations and recently outlined plans to shutdown more than 40 stores under it's various banners. That means stores with poor credit ratings or liquidity, weak credit and what the agency calls challenged competitive positions. Read More »

New Jersey tells ISPs to uphold net neutrality rules

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Net neutrality is the principle that all internet service providers are obligated to treat all internet traffic as the same. Murphy said he has already met with many internet companies who say they will "adhere, as a matter of honor, to net neutrality". Read More »

Bitcoin sinks, dragging other cryptocurrencies down with it amid global stocks selloff

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Bitcoin prices plunge drastically on Tuesday as it fell over 23% to trade near $6,000 on most cryptocurrency exchanges worldwide. Other cryptocurrencies have also dropped sharply in value this week. And India's Finance Minister Arun Jaitley said last week that the country wants to "eliminate" the use of digital currencies , though India is a minor player in cryptocurrencies and the government apparently has yet to act. Read More »

China boosts JLR sales in Q3

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The Mumbai-based manufacturer reported an nearly 13-fold increase in quarterly profits year-on-year owing to strong JLR sales in China and a particularly low earnings report 12 months ago due to the effect of a shock Indian banknote ban. The company said profitability at JLR was impacted by the run-out of certain models, higher depreciation, and amortisation, resulting from continued investment to drive profitable growth. Read More »

Nissan 370Zki revealed in Chicago Snowmobile with an open-top twist

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The factory brakes were retained but the brake lines, as well as the exhaust system, had to be rerouted underneath the vehicle. Neither of Nissan's concept pair has any chance of being rolled (or skied) into showrooms, but with a big enough budget you too could have a 370Z snowmobile with the help of aftermarket suppliers - provided you have a strong resistance to the cold. Read More »

Alleged hacker Lauri Love avoids United States extradition: "Try him in England"

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Alleged computer hacker Lauri Love has won his high court appeal against his extradition to the US. Legal experts have estimated that he could be hit by a sentence of up to 99 years in prison if convicted in the States. "This is especially important in cases of vulnerable people like Lauri Love ", she said. The Rev Love said he was concerned his son would not get the support he needed if he was jailed in the USA, adding "the metal health provision in American prisons, from what I ... Read More »

PMI: The service sector has grown tremendously in January

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According to IHS Markit, the Asean manufacturing economy also started 2018 on a positive note, with the Nikkei Asean Manufacturing PMI indicating a return to growth in January after a subdued end to a year ago. Many companies reported a stiff rise in input costs for raw materials, transportation and salaries, but the survey suggested they were having a tough time passing higher costs on to their customers. Read More »

Snow to hit Co Armagh as Met Office issue yellow weather warning

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The Met Office said ice was likely to form overnight on Sunday from 2am to 10am along the east coast as temperatures plummet, bringing potentially hard driving conditions. Today's weather has seen a frosty start, followed by a mainly-dry day with sunny intervals. Frost, and any mist or fog will gradually clear. Isolated wintry showers will persist near coasts with icy surfaces expected. Read More »

Charles Wilson appointed CEO of Tesco's UK & Ireland arm

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After completion of the deal , Wilson, who has led Booker since 2005, will become CEO of Tesco's retail and wholesale operations in the United Kingdom and Ireland. While Tesco has more than 3000 stores across the UK, Booker supplies 5000 - many of which are independent retailers and caterers - and operates the Premier, Londis and Budgens convenience grocery fascias. Read More »

Timing of LTCG levy wrong: Hasmukh Adhia

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Participation of Indians in the equity market has always been small, but that number has been steadily growing, particularly over the past 18 months where retail investors have pumped in huge amounts through equity mutual funds . He further points out that equity returns, over time are driven by earnings growth and valuation rerating. IIFL Wealth partner Amar Ambani commented that investors or co-owners in a listed company already suffer taxation on multiple fronts and would now have to ... Read More »

Banks ban credit card Bitcoin transactions

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JPMorgan enacted a ban on Saturday, saying it didn't want the credit risk associated with the transactions, company spokeswoman Mary Jane Rogers said. JP Morgan Chase and Bank of America both said last night they will ban the practice, according to CNBC , which could leave customers chasing the big price rises which bitcoin has seen over the past year with big losses. Read More »

Summit Midstream Partners, LP (NYSE:SMLP) Stock Ticks -0.45%

The Foundation Resource Management Inc holds 931,703 shares with $20.12 million value , up from 609,436 last quarter. The company has market cap of $617.07 million. Mai Cap Mngmt holds 112,795 shares. The Manufacturers Life Insurance Company now owns 5,693 shares of the pipeline company's stock valued at $172,000 after buying an additional 398 shares during the period. Read More »

Cheniere Energy Inc (NYSEMKT:LNG) Institutional Investor Sentiment

Cheniere Energy had 16 analyst reports since August 5, 2015 according to SRatingsIntel. Scotia Capital maintained the stock with "Sector Perform" rating in Thursday, January 12 report. shares while 111 reduced holdings. It fall, as 25 investors sold ZNGA shares while 61 reduced holdings. 215.48 million shares or 3.93% more from 207.33 million shares in 2017Q2 were reported. Read More »

Tesla, Australia to turn 50000 homes into power generators

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The government has also provided estimates showing that it could lower power bills by 30 percent for those who sign up. Under a new plan unveiled on Sunday, a network of solar panels linked to rechargeable batteries will be provided free to households and financed by the sale of excess electricity generated by the network, the government said . Read More »

West Coast Financial LLC Cuts Holdings in Kinder Morgan Inc (NYSE:KMI)

It has underperformed by 16.70% the S&P500. Bancorpsouth Inc increased its stake in Pepsico Inc (PEP) by 13.51% based on its latest 2017Q3 regulatory filing with the SEC. A 12 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:KMI) or, if they already own its stock, sell it. Read More »

Barrick Gold (NYSE:ABX) Given Hold Rating at Credit Suisse Group

Accern also assigned headlines about the basic materials company an impact score of 46.2101702371619 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. Castleark Ltd Limited Liability Company holds 705,922 shares or 1.65% of its portfolio. Kennedy Management has 0.23% invested in PROS Holdings, Inc. Adage Prtnrs Gp Ltd Co holds 546,999 shares. Read More »

Fed to take a step toward a March interest-rate hike

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Additionally, the 10-year inflation breakeven rate - one of the market-based measures of inflation expectations that the Fed tracks - has risen to its highest level in over three years. Near-term risks to the economic outlook appear roughly balanced, but the Committee is monitoring inflation developments closely. The Federal Reserve is likely to acknowledge this pickup in its policy statement after the meeting, though no move on rates is expected . Read More »

Dollar Tree (DLTR) Upgraded to Strong-Buy by Zacks Investment Research

Ntv Asset Management Llc, which manages about $344.82M US Long portfolio, decreased its stake in Apple Inc ( NASDAQ :AAPL) by 2,582 shares to 37,301 shares, valued at $5.75 million in 2017Q3, according to the filing. ( NASDAQ :DLTR) for 82,375 shares. Financial Enhancement Group LLC lifted its position in shares of Dollar General by 4.1% in the 2nd quarter. Bank & Trust Of America Corporation De reported 0.01% stake. Read More »

Mondelez International (MDLZ) Upgraded to "Buy" by Zacks Investment Research

The stock decreased 1.80% or $1.62 during the last trading session, reaching $88.55. On 8/8/2017 Maurizio Brusadelli, EVP, sold 6,248 with an average share price of $43.76 per share and the total transaction amounting to $273,412.48. Eam Lc has invested 0.33% in bluebird bio, Inc. Whittier Com owns 327,665 shares or 0.49% of their United States portfolio. Hbk Investments L P, which manages about $18.41 billion and $12.69 billion US Long portfolio, upped its stake in Bioverativ Inc by ... Read More »

Choosing Between Weingarten Realty Investors (WRI) and SL Green Realty Corp. (SLG)?

Sl Green Realty Corp now has $9.54 billion valuation. The stock decreased 1.29% or $1.285 during the last trading session, reaching $98.215. About 5.14 million shares traded or 128.54% up from the average. It turned negative, as 7 investors sold TRNO shares while 37 reduced holdings. 52 funds opened positions while 186 raised stakes. Huntington National Bank & Trust holds 825 shares or 0% of its portfolio. Read More »

Wynn Resorts LTD Q3 2017 Institutional Investor Sentiment Better Than Expected

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Trading volume for Wynn Resorts Ltd . was 6.41 Million in its previous trading session. Shares of WYNN moved upward with change of 2.17% to its 50-day Moving average. Invest Counselors Of Maryland Ltd Limited Liability Company has 296,084 shares. WARNING: This report was first published by StockNewsTimes and is owned by of StockNewsTimes. Read More »