Economy

Economy Amazon Reportedly Eyes Consumer Banking Service
Author: 0 Amazon Reportedly Eyes Consumer Banking Service

The process is still in its early stages and may not be completed, the report said. An Amazon-branded checking account would finally give Amazon a deeper look at the cashflow of all of its customers, and give the company a better sense of exactly how people are budgeting for the purchases they make.

Author: 0 No talks yet about extending OPEC output cuts into 2019 -UAE minister

With production of total liquids reaching close to 17 million barrels per day during 2023, which was up from its 2017 amount of 13.2 billion, the US will by far be the world's top producer of oil liquids. By contrast, output from OPEC producers will grow at a much slower pace, the IEA said, adding it expected Venezuelan production declines to accelerate offsetting gains in Iraq.

Economy 'Poor demand' decelerates services output: PMI
Author: 0 'Poor demand' decelerates services output: PMI

Nonetheless, the index remained comfortably above the 50-point threshold dividing an expansion in activity from a contraction although growth was the weakest since October. "The ASEAN manufacturing upturn continued in February". He said: "The service sector overtook manufacturing as the fastest growing part of the economy for only the second time since the referendum in February, thanks to the combination of the largest rise in services activity for four months and waning growth of factory ...

Economy New auto sales fall for 11th straight month
Author: 0 New auto sales fall for 11th straight month

Best sellers for February were the Ford Fiesta and the Volkswagen Golf . Last month's decline will no doubt concern dealers and manufacturers, but broader analysis reveals that aside from February 2017 and 2016, one has to go back as far as 2004 to find a better February for new auto sales.

Economy AXA pays XL premium to insure more stable future
Author: 0 AXA pays XL premium to insure more stable future

The French insurer is offering $57.60 in cash for each XL share , representing a 33 percent premium to XL's closing share price on March 2. AXA, which ranks as Europe's second-biggest insurer in terms of market capitalisation behind Germany's Allianz, said it would finance the XL deal via debt, cash and the proceeds of the forthcoming flotation of its United States business.

Economy Village's bottled water delivery as pipes are burst
Author: 0 Village's bottled water delivery as pipes are burst

Steve Andrews, South East Water's Head of Central Operations: "We would like to apologise to our customers from right across our region of parts of Kent, Sussex, Surrey, Hampshire and Berkshire who are without water or have low pressure and reassure them that we are working around the clock to resolve the issue".

Economy Donald Trump Threatens To Tax EU Car Imports
Author: 0 Donald Trump Threatens To Tax EU Car Imports

The International Monetary Fund also expressed concern about the proposed tariffs and said they likely would damage the US economy as well as the economies of other nations. producers. She noted that the USA has a $2 billion surplus in steel trade with Canada and that Canada buys more American steel than any other country in the world, accounting for 50% of US exports.

Economy Wie wins in Singapore; Henderson second
Author: 0 Wie wins in Singapore; Henderson second

With four players in contention to win on the last hole, Wie managed to separate herself from the pack when she drained her lengthy birdie putt on the 72nd hole at the Sentosa Golf Club for a final round of 7-under 65 to finish at 17-under 271.

Economy Thousands will be without power until tonight due to Storm Emma
Author: 0 Thousands will be without power until tonight due to Storm Emma

Northern parts of the United Kingdom saw more snow overnight, with a further 5cm likely to fall by the end of the day. In her weather forecast on RTE tonight forecaster Siobhan Ryan warned that there are fears that the situaition could worsen in Dublin and particularly in the south east.

Economy Companies cut ties with NRA after Florida school shooting
Author: 0 Companies cut ties with NRA after Florida school shooting

The measures come after 17 people were shot dead by a lone gunman at a high school in Florida this week. One of the first companies that said it would cut ties with the gun-rights lobbying group was First National Bank of Omaha , which announced Thursday that it would not renew a co-branded Visa credit card with the NRA .

Economy Liverpool and Tottenham wins turn up heat on Chelsea in EPL
Author: 0 Liverpool and Tottenham wins turn up heat on Chelsea in EPL

The Reds were able to play the game out and take home all three points, making it seven games without a loss and lifting them to second on the Premier League table. We have to be more risky on the counter-attack. They were everywhere, marshalling their area to shut off spaces, winning the ball and attempting to thread pacey trio Jacob Murphy, Christian Atsu and Dwight Gayle through in attack.

Author: 0 IShares 20+ Year Treasury Bond (TLT) Declines 0.81% for Mar 3

Aggregate Bond Etf during the 4th quarter valued at about $40,262,000. A number of other institutional investors and hedge funds have also added to or reduced their stakes in IUSG . Steinberg Global Asset Management boosted its stake in ISHARES CORE S&P U.S. VALUE ETF by 2.2% during the 4th quarter. Creative Planning now owns 13,768,701 shares of the company's stock worth $1,505,332,000 after purchasing an additional 1,609,472 shares during the last quarter.

Author: 0 Amazon.com (AMZN) Upgraded by Vetr to "Buy"

Pier Capital Llc who had been investing in Bob Evans Farms Inc for a number of months, seems to be bullish on the $1.54 billion market cap company. The stock increased 1.15% or $0.17 during the last trading session, reaching $14.89. Alleghany Corporation De has invested 3.63% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Strs Ohio invested in 1.5% or 362,439 shares. Front Barnett Ltd Liability Corp holds 9,774 shares.

Author: 0 Enable Midstream Partners, LP (ENBL) Hit 52 Week Low

It has underperformed by 32.27% the S&P500. Alpine Investment Management Llc decreased its stake in Microsoft (MSFT) by 2.47% based on its latest 2017Q3 regulatory filing with the SEC. It also increased its holding in Spdr Index Shs Fds Glb Nat Resrce (GNR) by 35,543 shares in the quarter, for a total of 547,684 shares, and has risen its stake in Vanguard Index Fds Value Etf (VTV).

Author: 0 Lexington Realty Trust (LXP) stock moves -24.36% down in last quarter

It has outperformed by 1.07% the S&P500. Compass Diversified Holdings LLC (CODI) formed H&S with $15.56 target or 6.00% below today's $16.55 share price. Sei Investments Co reported 93,060 shares stake. Great West Life Assurance Can stated it has 392,977 shares. Walleye Trading Ltd Limited Liability Company invested in 0.02% or 110,405 shares.

Economy U.S. stocks close sharply lower on rate worries
Author: 0 U.S. stocks close sharply lower on rate worries

Like-for-like sales, a key measure of a retailer's fortunes, were down 3.7% year-on-year in the 14 weeks to February 3; analysts had expected a decline of 2.4%. The 30-year yield, which moves more on expectations of future inflation , climbed to 3.11 percent from 3.09 percent. The S&P 500 trimmed its loss as the day went on and was bouncing between gains and losses by the early afternoon.

Economy Chelsea Boss Antonio Conte Labels Manchester City
Author: 0 Chelsea Boss Antonio Conte Labels Manchester City "Unstoppable"

Guardiola said: "What Antonio has done here in the Premier League , maybe the people don't realise". "I love my professional life here - the challenges of managing, the expectations, the scrutiny that comes with Celtic", Rodgers said. "Did you see his interview yesterday?" The earliest a team has clinched the PL title is Manchester United, who hold the top three earliest title wins in history as they clinched the trophy on Apr.

Economy White House to get two new Air Force One
Author: 0 White House to get two new Air Force One

Trump's personal involvement in the deal since his election has brought the years-long negotiations between Boeing and the US Air Force much media exposure. The presidential aircraft have unique characteristics, including a communications suite, large galleys, a self-defense system and structural modifications meant to protect the president and others onboard for an extended period of time.

Author: 0 CBI says gold bribes given in PNB fraud case

However, Nirav's advocate Agarwal told the court he should be heard before any decision is taken on issuing the NBW as it involved fundamental rights of his client. Shetty, the retired deputy manager of the bank's foreign exchange department at the Brady House branch in Mumbai , was arrested by the CBI for helping jeweller Nirav Modi in conducting fraudulent transactions for over 11,000 crores.

Author: 0 NRA boycott: FedEx to keep its discount; 10 companies drop gun group

The 2 Amendment group offers its millions of members, who pay dues annually, discounts and benefits from companies that have partnered with it. On Saturday, Delta and United Airlines cut ties with the NRA , joining First National Bank of Omaha , Enterprise Holdings, security software company Symantec , home security company SimpliSafe , auto insurer MetLife , vehicle rental firms Avis and Budget, moving companies Allied and North American Van lines , software company Wild Apricot ...

Economy CLOSING BELL: Markets tumble in wake of new United States tariffs
Author: 0 CLOSING BELL: Markets tumble in wake of new United States tariffs

The Dow Jones Industrial Average (DJI - 25,029.20) got pounded in afternoon trading, sliding 380.8 points, or 1.5%, to land near session lows. KEEPING SCORE: The S&P 500 was down 24, or 0.9 percent, to 2,653, shortly after 10 a.m. Later in the week, though, Mr. Powell may have calmed some of the fears when he said that he does not see inflation in wages "at a point of acceleration".

Economy Even if exempted, Canada steel industry sees dumping risk
Author: 0 Even if exempted, Canada steel industry sees dumping risk

U.S. President Donald Trump , right, and European Commission President Jean-Claude Juncker chat at the G20 economic summit on July 8, 2017 in Hamburg, Germany. A trade war would raise prices for consumers and provoke retaliation from other countries. He suggested incentives so that allies would work with the U.S.

Economy Zacks Investment Management Decreased General Mtrs Co (GM) Stake as Shares Declined
Author: 0 Zacks Investment Management Decreased General Mtrs Co (GM) Stake as Shares Declined

Nfc Investments Llc who had been investing in Autozone Inc for a number of months, seems to be bullish on the $18.17 billion market cap company. General Motors Company (GM) declined -2.04% and closed its last trading session at $39.35. If we look at the Volatility of General Motors Company (GM), Week Volatility is 2.18%, whereas Month Volatility is at 2.84%. Investors sentiment decreased to 0.87 in Q3 2017.

Economy Moon to get its first 4G network
Author: 0 Moon to get its first 4G network

The German branch of the multinational telecommunication company has teamed up with Nokia to do the mission , London-headquartered Vadafone said in a statement on Tuesday. "It is also a great example of an independent, multi-skilled team achieving an objective of enormous significance through their courage, pioneering spirit and inventiveness", he said.

Economy Dublin Bus Releases An Update About Its Services For Today
Author: 0 Dublin Bus Releases An Update About Its Services For Today

After ceasing all services today and yesterday, Dublin Bus , Irish Rail, and Bus Eireann have said that they plan to resume operations tomorrow weather permitting. A Shannon Airport spokeswoman has confirmed that the airport will reopen tomorrow, Saturday 3rd March, at 05:00hrs, weather permitting. Dublin Airport has cancelled several flights this morning and is urging travellers to check with their airlines before making any journey's to the airport.

Economy Toyota says steel, aluminum tariffs will make cars more expensive
Author: 0 Toyota says steel, aluminum tariffs will make cars more expensive

Later Friday, he tweeted: "We must protect our country and our workers". "You will have protection for the first time in a long while and you're going to regrow your industries". Trump's tariffs would also likely raise the prices of common aluminum products in the United States - such as beer cans and household appliances - assuming the manufacturing companies decide to pass the cost of the tax on to customers, which is the historical trend.

Economy Healthcare Realty Trust Inc (HR): Tracking the Indicators
Author: 0 Healthcare Realty Trust Inc (HR): Tracking the Indicators

About 3,853 shares traded. Acadia Realty Trust (NYSE:AKR) has declined 15.62% since March 1, 2017 and is downtrending. It has underperformed by 44.21% the S&P500. (NYSE:EDR). Thrivent For Lutherans has invested 0.01% in Education Realty Trust, Inc. Finally, Retirement Systems of Alabama raised its position in shares of Digital Realty Trust by 146.2% in the fourth quarter.

Author: 0 EnLink Midstream Sees Unusually Large Options Volume (ENLC)

The stock decreased 0.94% or $0.61 during the last trading session, reaching $64.35. About 1.35M shares traded. Shell Midstream Partners LP (NYSE:SHLX) up 2.7% to close at the price of $24.7. EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets natural gas and crude oil. The firm has a market cap of $5,110.33, a price-to-earnings ratio of 290.26 and a beta of 2.15.

Economy Study Finds Uber, Lyft Drivers Earn Median Income Of $3.37 Per Hour
Author: 0 Study Finds Uber, Lyft Drivers Earn Median Income Of $3.37 Per Hour

Other studies have shown that Uber drivers make higher wages because there are many ways to calculate wages and expenses. The mean monthly pretax profit for drivers is $661, while the median profit for a month is just $310. Lyft drivers took home similarly paltry sums. Uber also enacted new waiting time charges that will be applied to users who keep drivers waiting at the start of a journey.

Economy Have a Glance at Papa John's Intl (PZZA)
Author: 0 Have a Glance at Papa John's Intl (PZZA)

The price-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. JPMorgan Chase & Co. The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Finally, Bank of New York Mellon Corp lifted its position in Papa John's Int'l by 12.4% during the fourth quarter.

Economy Sweet! Lego goes sustainable with pieces made from sugarcane
Author: 0 Sweet! Lego goes sustainable with pieces made from sugarcane

The new sustainable LEGO elements are made from polyethylene , which is a soft, durable and flexible plastic, and while they are based on sugar-cane material, they are technically identical to those produced using conventional plastic. Children and parents would not notice any difference when the new pieces are rolled out, said Tim Brooks, Vice President, Environmental Responsibility at the LEGO Group.

Economy Fourth Quarter GDP Revised from 2.6% to 2.5%
Author: 0 Fourth Quarter GDP Revised from 2.6% to 2.5%

The Commerce Department says the fourth quarter advance in the gross domestic product , the economy's total output of goods and services, followed even faster increases of 3.1 per cent in the second quarter and 3.2 per cent in the third quarter.

Economy Microchip Technology Inc. (MCHP), Invesco Ltd. (IVZ)
Author: 0 Microchip Technology Inc. (MCHP), Invesco Ltd. (IVZ)

Want to see what other hedge funds are holding MCHP? Dana Inv Advsrs invested in 79,557 shares. The fund owned 223,350 shares of the semiconductor company's stock after purchasing an additional 9,173 shares during the quarter. Sun Life Financial Incorporated invested 0.04% in Microchip Technology Incorporated (NASDAQ:MCHP). The Coho Partners Ltd holds 1.59M shares with $143.08 million value, down from 1.68 million last quarter.