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Disney's New Streaming Service Requires Patience From Investors

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A price hasn't been announced yet. Iger previously stated that Disney and Pixar movies on Netflix would move to Disney's streaming service after its launch in 2019. Disney has made a decision to take its vast library of content - from children's programming to classics to sports - over the top and offer it directly to consumers rather than relying on intermediaries, such as Netflix . Read More »

Discovering Momentum Stocks: LKQ Corporation (LKQ), Royal Caribbean Cruises Ltd. (RCL)

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The stock's average target of $107.50 is -8.18% below today's ($117.08) share price. The firm has "Outperform" rating given on Friday, January 27 by Wedbush. Ares Management Llc acquired 91,777 shares as New Mountain Finance Corp (NMFC)'s stock declined 2.69%. Carmax Inc. (NYSE:KMX) was reduced too. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. Read More »

U.S. ousts Pak's biggest pvt bank on terror funding fear

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The bank allowed at least 13,000 transactions to flow through its NY branch without the information needed to properly screen for prohibited transactions or transactions with sanctioned countries, state officials revealed. HBL , which has its headquarters in Karachi, is Pakistan's largest bank with total revenues of $1 billion in 2016 and $24 billion in total assets. Read More »

No-fly list: Unruly air passengers face 3-month to lifetime ban

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One will end up in the no-fly list for upto three months if the passenger is found of violating Level 1 ( unruly behaviour - verbal) offences like disruptive behaviour, physical gesture and verbal abuse. Ban on flying for unruly behaviour can extend up to two years under this new law . However, other airlines will not be bound by the no-fly list of an airline, the Ministry of Civil Aviation said. Read More »

(NYSE:KR) Sees Unusual Volume Mid-Session

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BlackRock Inc. now owns 72,026,662 shares of the company's stock valued at $2,124,067,000 after purchasing an additional 69,929,316 shares during the period. Kroger confirmed its 2017 net earnings guidance for 53 weeks of $1.74-$1.79 per diluted share. At the moment 26 analysts are watching Kroger Company (The) (NASDAQ:KR), 6 rate it "Buy", 3 "Outperform", 14 "Underperform", 2 "Sell", while 1 "Hold". Read More »

Bell Pottinger ditched by Asia unit

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The scramble to find a buyer or other forms of finance is in part because of a US$6.6 million debt partly built up over payouts to Lord Bell, the co-founder, who departed in 2016, and other top staff whose stakes in the company have been bought out. Read More »

Markets Right Now: Energy stocks lead gains on Wall Street

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Oil prices rose on Wednesday as many refineries, pipelines and ports that were knocked out by Harvey reopened. "North Korea seems to be what gets the biggest reaction, at least over the last month or two", said Aaron Jett, vice president for global equity research at Bel Air Investment Advisors in Los Angeles. Read More »

Didi-backed 'Taxify' set for battle with Transport for London

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The Estonian taxi-hailing start-up, which is active in 25 cities in central and eastern Europe and Africa, this week launched private hire taxi hailing services across London. Taxify , in its own statement , described itself as a technological platform for customers to hail rides from private hire companies, which do have their own licenses. Read More »

Trinity Mirror in talks to buy Express newspapers

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Trinity Mirror's chief executive is Simon Fox. These earlier negotiations, which Trinity Mirror confirmed in January, were understood to have centred on the possibility of merging the two publishers´ back office and sales operations. But the newspaper group pleased investors by upping its interim dividend to 2.25p from 2.1p. Desmond bought the Express newspapers for GBP125 million in 2000. Read More »

Things consumers should know about Equifax hacking of personal information

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Ines Gutzmer, spokesperson for the company, reportedly said the executives "had no knowledge that an intrusion had occurred at the time they sold their shares". Just use this link ( WARNING: There are reports that signing up this link could waive your right to joining class action suits against Equifax). Some people may receive a notice that personal information or credit card numbers were stolen. Read More »

FBI Investigates Uber Over Use Of A Software To Track Lyft Drivers

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Uber Technologies Inc.is under investigation by federal authorities in NY for its alleged use of a spyware program created to undermine competition for its digital ride-hailing service, according to people familiar with the matter. Now, it looks like Uber is involved in yet another federal investigation. The filing cited "increased responsibilities" as Uber's top boss as the reason for the resignation and that it was not because of a disagreement with the New York Times about the ... Read More »

Red Deer area unemployment rate drops in August

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Some economists said Friday's numbers validated the central bank's move and helped support predictions of another rate increase before the end of the year - or perhaps as soon as next month. The services sector added 35,900 jobs, with gains in the finance, insurance, real estate and leasing sector. The lowest unemployment rate was in Quebec City, Quebec at 3.8%, and the highest, in St.John's Newfoundland at 15.1%. Read More »

UK Industrial Output Growth Slows In July

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The pace of expansion was forecast to accelerate to 1.7 percent in July. The figures provide the first signs of a pick-up for British industry, after production slumped by 0.3 per cent over the second quarter of 2017, according to the ONS's GDP estimates. Read More »

Uber to introduce fares surcharge to help pay for cleaner vehicles

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The ridesharing service also said it would establish a £150 million ($198 million) clean-air fund for grants to help its drivers make the switch to fully or partially zero-emission vehicles. It said the first 1,000 people in London to scrap a pre-Euro 4 diesel vehicle and provide a certificate will receive £1,500 credit to spend on Uber or UberPool rides. Read More »

Oil set for first weekly gain since July as U.S. refiners return

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On Friday, oil prices eased after almost a week of steep increases as Hurricane Irma , one of the most powerful storms in a century, is steering towards Florida after ripping through the Caribbean. Traders are saying it may take weeks for the USA petroleum industry to return to full capacity, ant that under the current conditions it was hard to identify fundamental market trends. Read More »

OPSEU applauds 'prudent plan' for cannabis sales

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Edibles and oils will not be on sale in Ontario, only dried cannabis, in line with federal requirements. The province is waiting on federal guidance on labelling and packaging, and had no comment on the potency of the pot that would be on offer. Read More »

Amazon 'pushes up price of water before Hurricane Irma approaches'

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Some firms claim this effectively works in the same way as Uber's "surge-pricing". "If that's happening, let us know so we can stop it for you-please". Price gouging during an emergency is an unfortunately common practice. "We are actively monitoring our website and removing offers on bottled water that substantially exceed the recent average sales price", the rep told NBC News . Read More »

Youngstown families with Puerto Rico ties nervous as Irma hits island

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The airline said it would shut down after Friday in Miami, Fort Lauderdale, Fort Myers and West Palm Beach and on Saturday afternoon in Orlando and cancel flights the rest of the weekend. They tapped Henry Harteveldt, a San Francisco-based industry analyst to explain how demand impacts pricing. "We lost some power through the night, but we have power now", she said in an email. Read More »

Students don white hoods in racially charged photo

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The Register quoted Jeff Bevins, athletic director and assistant principal, as saying that the students were involved in athletic and nonathletic school activities. "It's disgusting, I absolutely despise them for it now". The surfacing of the photograph comes just days after students at a central IN high school were banned from wearing the Confederate flag after it caused altercations IN the school's hallways. Read More »

Hundreds scuffle with police over US THAAD launcher deployment in South Korea

China strongly objects to the Terminal High Altitude Area Defense system, saying its powerful radar can probe deep into its territory, undermining its security. Seoul's Foreign Ministry spokesman Cho June-hyuck said Thursday that the message posted on the website of the South Korean Embassy in Beijing was aimed at protecting the safety of South Koreans in China. Read More »

How Hewlett Packard Views Fiscal 4Q17 Now

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Maxim Group reissued a "hold" rating and issued a $18.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, July 14th. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of US & worldwide trademark & copyright law. Read More »

Equifax: 143 million Americans impacted in cybersecurity breach

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Equifax discovered the unauthorized access on July 29. "This is clearly a disappointing event for our company, and one that strikes at the heart of who we are and what we do". "The company has found no evidence of unauthorized activity on Equifax's core consumer or commercial credit reporting databases". Equifax said it reported the intrusion to law enforcement and contracted a cybersecurity firm to conduct a forensic review. Read More »

Gas Prices Could Keep Climbing

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Average retail gasoline prices in IL rose 14 cents a gallon in the past week, averaging $2.52 on Tuesday, according to GasBuddy's daily survey of 4,378 gas outlets in IL. "The situation promises to be challenging if Irma threatens the US mainland", DeHaan added. "Consumers could even see an additional surge if Hurricane Irma hits Florida this weekend", said Armbruster. Read More »

Jobless Claims Rise To Two-Year High In Aftermath Of Harvey

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Department of Labor reported Thursday. Jobless-benefit applications surged last week in Texas and rose slightly in Louisiana, which bore the brunt of the storm. Total initial claims for unemployment insurance for the week ended September 2 rose to 298,000, up 62,000 from the previous week's unrevised level. USA nonfarm employers have added jobs every month since October 2010, according to Labor Department data. Read More »

Kashkari: Fed May Have Harmed Economy With Rate Hikes

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Therefore, she thinks policymakers should reconsider the current path they expect for future rate hikes. Yet she seized on the fact that core USA price readings have sagged for five straight years. According to Reuters , her comments at the Economic Club of NY lowered yields in United States bond markets and expectations of a rate hike in September. Read More »

Which Insiders Are Selling The Interpublic Group of Companies, Inc. (IPG)?

Fort Lp acquired 271,363 shares as Interpublic Group Cos Inc ( IPG)'s stock declined 0.78%. (The) from a buy rating to a hold rating in a research report on Monday, July 31st. The stock has been active on the tape, now trading at $20.55, up from yesterday's close by 1.68%. Equity analyst Macquarie both downgraded the stock and raised the price target on June 6 boosting the price target from $23.00 to $24.00 and moving the rating from "Outperform" to "Neutral". Read More »