Money


Police first in queue as public sector pay cap axed Police first in queue as public sector pay cap axed
- September 12, 2017

Prison officers will be given a 1.7 per cent rise, with the increase funded from within existing budgets in both cases. At the same time ministers will set out the "direction of travel" for other public sector workers. "Public sector workers have suffered seven long years of real pay cuts, and are thousands of pounds worse off". May has been under increasing pressure from ministers and lawmakers to end the cap since her party lost its majority in parliament in elections in June. (more...)
Dow Climbs Back Above 22000 as Fears Ease Dow Climbs Back Above 22000 as Fears Ease
- September 12, 2017

IXIC added 1.13 percent to 6,432.26. The Dow Jones Industrial Average rose 1.2% and closed at 22,057.37. "But North Korea and Hurricane Irma are temporary factors, and neither is likely to have a long-term impact", he said. This story will be updated as new information becomes available. The stock declined 8.2%, adding to a 13% plunge on Friday . Shares of Travelers Cos., Progressive and American International Group rose 2.8%, 2.1% and 0.5%, respectively. (more...)
$2.18 EPS Expected for Cracker Barrel Old Country Store, Inc. (CBRL) $2.18 EPS Expected for Cracker Barrel Old Country Store, Inc. (CBRL)
- September 12, 2017

The stock increased 0.09% or $0.13 during the last trading session, reaching $144.85. About shares traded. Cracker Barrel Old Country Store, Inc. ServisFirst Bancshares, Inc. Byline Bancorp, Inc.is a bank holding company. Therefore 10% are positive. Finally, Instinet started coverage on shares of Cracker Barrel Old Country Store in a report on Wednesday, July 12th. (more...)
Oil steady as United States refining demand rises but ample crude supplies weigh Oil steady as United States refining demand rises but ample crude supplies weigh
- September 12, 2017

While Valero Energy Corp. and other refiners resumed fuel production after Harvey roared ashore two weeks ago, demand for gasoline and other transportation fuels may falter across much of the southeastern US if Florida and neighboring states take a direct hit from Irma. (more...)
Flight cancellations mount as Irma pushes north from Florida Flight cancellations mount as Irma pushes north from Florida
- September 12, 2017

Officials said some airlines were flying workers into MIA Monday in preparation for flights to resume. The airport endured almost 100 miles per hour wind gusts and sustained significant water damage from Irma Sunday, according to Aviation Director and CEO Emilio Gonzalez. (more...)
'Don't Shoot At Irma' Warns Florida Police After Facebook Event Goes Viral 'Don't Shoot At Irma' Warns Florida Police After Facebook Event Goes Viral
- September 12, 2017

They've vowed to tackle the 185mp/h (297km/h) hurricane by showing deadly Irma that "in Florida we shoot first", The Sun reports. "You won't make it turn around & it will have very risky side effects" the message added, in reference to the unpredictable flight path shots fired may follow. (more...)
BWM i Vision Dynamics reveals its future of electric mobility BWM i Vision Dynamics reveals its future of electric mobility
- September 12, 2017

Unveiled at the 2017 Frankfurt Motor Show , the iVision Dynamics Concept will form the basis for an all-electric coupe with a range of 600km. This announcement will be welcomed by fans of old-fashioned internal combustion power, because unlike Volvo, which has committed to an entire range of hybrid or electric vehicles by 2020, BMW seems to believe there's still a future for conventional drivetrains. (more...)
Floridians assess damages as weakening Hurricane Irma heads north Floridians assess damages as weakening Hurricane Irma heads north
- September 12, 2017

More than 1m homes in the state are without power, and parts of the city of Miami are under water. President Raul Castro called on Cubans on Monday to unite in swiftly rebuilding the Caribbean nation in the wake of Hurricane Irma , which killed at least 10 people during a devastating three-day rampage along the length of the island. (more...)
Hyman Charles D Acquires 600 Shares of Norfolk Souther Corporation (NSC)
- September 12, 2017

Traders are more bearish on Norfolk Southern Corporation of late if you pay attention to the uptick in short interest. Norfolk Southern Corporation shares increased 2.82 percent over the past week and rose 5.5 percent over the previous month. (more...)
Russian Federation says its oil supplies to North Korea are negligible Russian Federation says its oil supplies to North Korea are negligible
- September 12, 2017

China and Russian Federation have advocated a "freeze for freeze" plan, where the United States and South Korea would stop major military exercises in exchange for North Korea halting its weapons programmes, but neither side is willing to budge. (more...)
Moon, Putin discuss North Korea, economic ties Moon, Putin discuss North Korea, economic ties
- September 12, 2017

The US said on Monday it would table a new United Nations resolution on tougher sanctions in the wake of the latest test of a nuclear bomb by the North on Sunday. "Whipping up military hysteria - this will lead to no good", he said. Seoul estimated the blast's yield at 50 kilotons, more than three times the size of the bomb detonated over Hiroshima in 1945. (more...)
Gilead Sciences INC (GILD) Shareholder Horan Capital Management Upped Holding Gilead Sciences INC (GILD) Shareholder Horan Capital Management Upped Holding
- September 12, 2017

Microsoft Corporation (MSFT) has risen 34.52% since September 11, 2016 and is uptrending. It has outperformed by 22.53% the S&P500. Davenport And Com Limited Company reported 3,903 shares. UBS maintained the shares of MSFT in report on Friday, October 21 with "Buy" rating. The Company, through its subsidiary, Atlantic Coast Bank, a federally chartered and insured stock savings bank supervised by the Office of the Comptroller of the Currency (the OCC), serves the Northeast Florida, Central ... (more...)
BidaskClub Upgrades GlaxoSmithKline PLC (NYSE:GSK) to BidaskClub Upgrades GlaxoSmithKline PLC (NYSE:GSK) to "Sell"
- September 12, 2017

The rating was upgraded by BNP Paribas to "Neutral" on Tuesday, September 15. Bank of America upgraded the shares of GSK in report on Wednesday, December 9 to "Buy" rating. (NYSE:PFE). Blackrock Group holds 1.01% or 65.10M shares. Pax Ww Management Limited Company holds 0.95% of its portfolio in QUALCOMM, Inc. Regentatlantic Cap Ltd owns 4,344 shares or 0.02% of their USA portfolio. (more...)
Mercedes Concept Previews All-Electric Compact with 250-Mile Range Mercedes Concept Previews All-Electric Compact with 250-Mile Range
- September 12, 2017

Besides Concept EIA sounds, well, ludicrous, right? For an EV, Mercedes new Concept EQA actually looks really good. The EQA, in concept form at any rate, is actually pretty sporty, using two electric motors, one for the front wheels and one for the rears, to produce a healthy 270hp. (more...)
Toshiba still in talks over chip unit sale one day before deadline Toshiba still in talks over chip unit sale one day before deadline
- September 12, 2017

Furthermore, the sale by Toshiba will also form the "New Japan-American Alliance" which will be centered on Western Digital , and funded by common and preferred stocks purchased by various Japanese entities such as the Japan Development Bank, Toshiba, and others. (more...)
Audi Aicon concept showcases driverless future Audi Aicon concept showcases driverless future
- September 12, 2017

Unusual features include fully digital exterior displays instead of traditional head and taillights, as well as a mini-drone that functions as a "light companion" to guide you to and from the vehicle at night. It's accessed through a set of suicide doors, which work with the B-pillar-free design to make ingress and egress easier. Inside the Aicon, there are only two seats, both of which can move longitudinally and swivel 15 degrees as well. (more...)
Trade of the Day: Barrick Gold Corp (USA) (ABX)
- September 12, 2017

Barrick Gold Corporation (ABX ) now has a Return on Assets (ROA) value of 9.2 Percent. Commerzbank Aktiengesellschaft FI now owns 8,197,244 shares of the company's stock worth $175,011,000 after buying an additional 2,088,846 shares during the last quarter. (more...)
CPI inflation rises to 2.9% CPI inflation rises to 2.9%
- September 12, 2017

Increasing clothing prices made the largest contribution to the pick-up in the headline rate, with a rise in fuel inflation also contributing. The year-on-year rate increased to 2.9% from 2.6% previously and was also above market expectations of a more modest increase to 2.8%. (more...)
U.S. oil price decline on rising inventories U.S. oil price decline on rising inventories
- September 12, 2017

On the New York Mercantile Exchange crude futures for October delivery rose by 0.22% to $49.20 a barrel, while on London's Intercontinental Exchange, gained 0.31% to $54.66 a barrel. There was further uncertainty on Friday given the potential impact of hurricane Irma which is due to make landfall on Florida over the weekend while hurricane Jose was also heading for the Caribbean. (more...)
MPs, 98 MLAs under IT department's lens over assets declaration MPs, 98 MLAs under IT department's lens over assets declaration
- September 12, 2017

Names of at least seven Lok Sabha Members of Parliament (MP) feature in the list of those found with assets disproportionate to their known sources of income. Further action against these leaders, the department said, will be taken once it gets verification reports from director generals of Income Tax. These legislators, the agency added, were under further investigation. (more...)

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