Markets

Foot Locker Q3 Earnings Top Wall Street Targets

The firm has "Sell" rating by Zacks given on Monday, September 21. Oppenheimer Holdings, Inc. reaffirmed a hold rating on shares of Foot Locker in a report on Tuesday, August 15th. AMG National Trust Bank lifted its stake in Foot Locker, Inc . The stock had fallen more than 55% before Friday's earnings report as new athletic footwear styles failed to excite shoppers amid competition from the online segment led by Amazon.

Omaha unemployment rate hits 20-year low; state's lowest since 1999

The national rate was 4.1 percent in October. The U.S. preliminary unemployment rate of 4.1 percent for October was little changed from 4.2 percent for September and down from 4.8 percent one year ago. Professional and business services had shown the most growth this year, adding more than 4,000 jobs. Seasonally adjusted job estimates indicate total Kansas nonfarm jobs decreased by 1,700 from September.

Norway's fund divestment proposal sends European oil index to one-month low

The Norwegian fund, officially known as the Government Pension Fund Global, is among the largest investors in a wide range of oil companies, including Royal Dutch Shell, BP, Chevron and Exxon Mobil. "The straight answer is that all other sectors would be weighted up in proportion". The timing of the coming divestments is as yet unclear. Norwegian Minister of Finance Siv Jensen said the issues raised by Norges Bank "are complex and multifaceted" and its advice requires a thorough assessment.

Thanksgiving 2017 travel to be busiest in 12 years, AAA says

Statewide, 6.26 million are projected to travel over the Thanksgiving holiday, also a 3.6 percent increase from previous year and the highest number of Thanksgiving travelers since 2007, when 6.44 million Californians took a holiday trip. "This should set the table for small discounts at the pump, before the holiday arrives". Nationwide, 51 million people will be traveling between November 22-26, AAA predicts.

Airbus wins jet order worth $49.5B

The order includes A320neos and A321neos, the source said. The Indigo Partners deal is the single largest order by number of aircraft that any individual plane maker has received. Indian low-priced airline IndiGo (which isn't connected to Indigo Partners) bought 250 Airbus jets in 2015. Indigo Partners is a US-based private equity group that invests in airlines.

Oil price edges lower on anticipated United States production rise

To be sure, the IEA expects Canadian oil production to rise - to 6.2 million barrels per day by 2040 from 4.5 million bpd in 2016, 100,000 bpd more than the IEA's last report. Despite the cautious sentiment, traders said oil prices were unlikely to fall far, largely due to supply restrictions led by the Organization of the Petroleum Exporting Countries and Russian Federation, which have helped reduce excess stockpiles.

AT&T CEO says open to litigation on Time Warner deal

Kushner feels is unfair coverage slanted against the president". In light of Trump's frequent critiques of CNN, the move raised questions about Trump's possible political interference in what is supposed to be an impartial economic analysis.

Koenigsegg sets new production vehicle speed record at 447 km/h

Koenigsegg's attempt at the word record took place on an 11-mile section of the road between between Las Vegas and Pahrump in the Nevada desert that was specially closed by the authorities. The Agera RS bests Bugatti's record of 265.7 miles per hour by over 12 mph-a record set by the French firm's Veyron Super Sport back in 2010. It recently announced that the successor to the Venom GT, the 1600-bhp Venom F5 , could break the 300-mph limit.

Facebook's Q3 earnings exceed expectations, but Russian Federation issues may harm future profit

Facebook CEO Mark Zuckerberg was similarly optimistic about video: "Over the next three years, the biggest trend in our products will be the growth of video". It's operating margin is now up to 50 percent. However, the social networking site stated that would not deter the company from taking steps to curb abuse on the platform.

BoE Chief: Monetary Policy Is Stimulative, Fiscal Policy Is Restrictive

The Bank of England's new deputy governor Dave Ramsden said on Tuesday he was not close to voting to raise interest rates, surprising some investors who are betting that the BoE will soon make its first hike in more than a decade. One of the main reasons why inflation has spiked over the past year is related to the pound's sharp fall since the country voted to leave the European Union in June 2016.

ON Semiconductor Corporation (ON) Receives Average Recommendation of "Buy" from Brokerages

Loop Capital restated a "buy" rating and set a $17.00 target price on shares of ON Semiconductor Corp in a report on Wednesday, February 15th. Goldman Sachs downgraded the shares of ON in report on Wednesday, September 13 to "Neutral" rating.

FCC creates hurricane task force to aid recovery in Puerto Rico

John. Communications remain patchy on the island. The US Federal Communications Commission announced its decision on Friday evening, one of a number of ways in which tech companies are helping rebuild services. The balloons that were deployed in Peru , in fact, were launched from Puerto Rico. "To deliver signal to people's devices, Loon needs be integrated with a telco partner's network - the balloons can't do it alone", she said, adding that the company is "making solid progress on ...

TransCanada says it's canceling Energy East pipeline

CEPA also said that pipelines are the only viable way to get large amounts of oil and gas to market and the country will be missing out on a big opportunity with the loss of Energy East. Gulf Coast. Gallant said he believes the project's decision was due to recent changes to world market conditions and the negative impact of lower oil prices.

Amazon trialing new delivery system that makes FedEx and UPS obsolete

The service is going by the code name "Seller Flex". In fact, for FedEx and UPS , the "last mile" delivery-which is a big focus for Amazon fulfillment-is actually largely now carried out by the US Postal Service (USPS). Rather than relying on the delivery services, Amazon will pick up products from vendors and deliver them to customers. FedEx said it wouldn't comment on Amazon's plans but pointed out the "scale, infrastructure and complexity" involved in running a global ...

Goldman Sachs Group Inc (GS) EPS Estimated At $4.34

It closed at $240.65 lastly. Among 27 analysts covering Goldman Sachs Group Inc . Morgan Stanley, New York-based fund reported 3.31 million shares. Parametric Assoc Ltd Limited Liability Company invested in 0.24% or 878,314 shares. Northeast Consultants reported 2,789 shares. Several analysts have issued reports on the company.

Former military man named as new leader of British UKIP

Not all senior Ukip figures are thrilled by the rise of Bolton, or convinced he has the charisma and personality to turn the party around, with one predicting that, while Waters would destroy the party quickly, Bolton would bring "a slow death".

Trump tells Puerto Rico

Puerto Ricans reacted harshly on Saturday to President Trump's tweets that leaders of the hurricane-ravaged Caribbean island " want everything to be done for them when it should be a community effort". FEMA Administrator Brock Long defended his agency's response in a Sunday interview on "This Week", saying Cruz needs to be more engaged with coordination efforts on the island by meeting regularly at a joint field office established by the agency.

North Korea moving airplanes, boosting defence after U.S. bomber flight, reports Yonhap

South Korea urged the United States to help dial down tensions with the North on Monday, after Pyongyang accused President Donald Trump of declaring war. Pyongyang conducted its sixth and largest nuclear test on Sept 3 and has launched dozens of missiles this year as it accelerates a programme aimed at enabling it to target the United States with a nuclear-tipped missile.

Twitter Explains why President Trump Tweeted over North Korea

Charter stipulates individual member states' rights to self-defense". South Korea expects North Korea to engage in more provocative action next month to coincide with the anniversary of the founding of its communist party and China's all-important Communist Party Congress.

Financial Shares Climb as Investors Bet on US Rate Rise

MARKETS OVERSEAS: Global shares were mixed. The Dow Jones Industrial Average (NYSEARCA:DIA) traded within a narrow range before closing at 22,412.59 for its seventh consecutive record close. The balance sheet shrinkage will start at a slow pace, with an initial monthly reduction amount of $6 billion for treasuries and $4 billion for Agency Mortgage Backed Securities (MBS).

Federal Reserve's meeting could trigger stock sector rotation

The pan-European Stoxx 600 edged down by around 0.21 percent shortly after the opening bell, with nearly all sectors and major bourses in negative territory. The comments were made ahead of U.S. President Donald Trump's first address before the United Nations on Tuesday as foreign leaders gather in NY to discuss how to deter North Korea from enhancing its nuclear capability.

Google Parent Alphabet Mulling $1B Lyft Investment

In May, the Mountain View, California-based company's self-driving arm, Waymo , and Lyft announced a partnership created to bring autonomous vehicle technology to the masses. Lyft has a stringent background check policy in place for its drivers , while also ensuring each of its drivers with a $1 million Dollars liability policy.

"Technically it did land"-SpaceX debuts a wonderfully absurd blooper reel"

Musk's move is akin to a story about a legendary Wall Street executive who had a single piece of paper framed on the wall behind his imposing desk. "Maybe Falcon realized it still loved us or finally read the instructions..." As Musk said back in 2015 , a fully reusable rocket "really is the fundamental breakthrough needed to revolutionize access to space".

Frankfurt Motor Show in pictures

The declared aim is for everyone of VW's roughly 300 models to be globally available in an electric version by that date. The news comes as Mercedes-Benz also promised electric versions of its entire range, with chief Dieter Zetsche declaring the company would deliver either electric or hybrid versions of all its models by 2022.

As Hurricane Irma looms, Miami's homeless are urged to go into shelters

An 8 p.m. curfew has been imposed for Miami for the next two nights, and no one is allowed out on the streets until they're cleared, Miami Beach officials said. The National Hurricane Centre said Irma's winds were at 177 km/h, just below major hurricane status, as the centre of the still risky and wide storm moved farther inland late today.

China August official services PMI slips to 53.4, lowest since May 2016

Although August's mark is still above 50, "the decline in the PMI shows signs of a renewed stuttering of the manufacturing economy", said Chris Williamson, IHS Markit chief business economist. A day earlier ratings agency Moody's adjusted China's 2017 growth expectation to 6.8 percent based on the first and second quarter - which both came in at 6.9 percent.

Will Oil and Gas Prices Rise After Hurricane Harvey?

Gas prices are on the rise. "The busy summer driving season is wrapping up and right now gas prices in the Carolinas appear only slightly higher than they were last week", said Wright. "My favorite is when they are making their "annual repairs" to the refineries so they can increase the prices then, too", said Michaels, of Vacaville, using air quotes around annual repairs.

Dara Khosrowshahi is the new Uber CEO: 5 Things you must know

Khosrowshahi also told Bloomberg on Tuesday the Uber CEO job was "the opportunity of a lifetime". For the 14-member, bitterly divided board of directors, which is now running its day-to-day operations, Mr Khosrowshahi is a compromise choice that the dysfunctional yet highly innovative company needs.

Jeff Immelt Announces He Will Not Be CEO Of Uber

I have decided not to pursue a leadership position at Uber . Meg Whitman , chief executive of Hewlett Packard Enterprise, is now the frontrunner to become the new Uber boss, the New York Times reported , despite Whitman stating publicly last month that she would not be leaving HPE.

UAE reacts angrily to Qatar's restoration of Iran ties

After restoring full diplomatic relations with Iran on Thursday, Qatar has started work on "patching up a new radical ideology" in the region as foundation of this growing alliance, The Dependent has learnt. On Wednesday, the Central African nation of Chad announced it would close its embassy in Doha, accusing Qatar of trying to destabilize it from neighboring Libya.

Sensex, Nifty edge up; IT stocks jump

Infosys, HDFC, and Vedanta were the top gainers on both indices, while Bajaj Auto , HUL, Power Grid and Zee Entertainment lost the most. Market closed marginally higher amidst volatile trade. Hong Kong's Hang Seng Index slipped 0.30 percent by 3:09 p.m. HK/SIN as earnings reporting season continued. Mid- and small-cap indices closed mixed.

Pound plummets against major currencies on United Kingdom inflation data

Yesterday's United Kingdom consumer price index data disappointed markets, after showing price growth hold steady on the year for both the overall and core variants. The USD was also helped by comments from New York Fed President William Dudley who said that he would "be in favour of doing another rate hike later this year" if the economy holds up.

Dick's Sporting Goods Inc (DKS) Saw a 52-Week High

They presently have a $27.00 target price on the sporting goods retailer's stock. (NYSE:DDR). At the time of writing, the First Call consensus price target for the company is $11.64. Ratings analysis reveals 62% of Dick's Sporting Goods Inc .'s analysts are positive. TRADEMARK VIOLATION NOTICE: "Canaccord Genuity Lowers Dick's Sporting Goods Inc ( DKS ) to Hold" was originally reported by StockNewsTimes and is owned by of StockNewsTimes.

United States retail saleshit seven-month high in July

Furniture and home furnishings stores outperformed the broader retail sector with a 5.6% jump in sales over the same month a year ago, according to the latest government report. Sales strengthened in other categories as well. In the first half of 2017, retail sales in Brazil decreased 0.1% on year. Americans increased spending last month on most goods except for clothes and gasoline.

Chicago to file lawsuit over sanctuary cities threat

Justice Department published the application for the 2017 Byrne grants, and, unlike previous applications, this year's iteration requires cities to choose between strengthening our police department and the rights of Chicago's residents as a welcoming city ", Emanuel said in a statement .

Aussie dollar turns villain for RBA as transition under threat

Mr Farnham said the RBA was unlikely to raise rates this year, and the possibility of a further cut could not be dismissed. "With the Australian dollar having rallied by 4¢ against the USA dollar since the last board meeting, the central bank could easily have shifted to more aggressively jawboning the currency if they were worried ".

US Navy warning shot in Gulf was 'unprofessional,' Iran says

US Navy ships left the area following the encounter. The confrontation occurred just three days after a similar face-off involving the USS Thunderbolt. The new U.S. legislation imposes mandatory penalties on people involved in Iran's ballistic missile program and anyone who does business with them.

Tesla 3 to hit the road in automotive milestone

Despite the slimmed-down feature set, the Model 3 still has Tesla's distinct stylings. A 4-year/50,000-mile limited warranty is offered on the vehicle , while an 8-year/100,000-mile warranty is offered on the battery (Long Range battery gets 120,000 miles).

Starbucks to close all Teavana stores, including location in White Oaks Mall

It was nearly five years ago that Starbucks paid $620 million to acquire mall tea chain Teavana , politely declining the $800 million tea tin upsell. Most locations will be shut down by next spring, CNN reported . Starbucks acquired the mall-based chain in late 2012, with then-CEO Howard Schultz noting the huge potential for the tea market.

Twitter Shares Plummet After It Reports No Usage Growth In Q2

Bloomberg reported that shares in the USA firm declined more than 9% in early trading, despite its quarterly revenue topping analysts' projections. Looking ahead , Twitter forecast Q3 adjusted EBITDA of $130 million to $150 million, and adjusted EBITDA margins between 25% and 26%. Using the new method, revenues, at $574 million, fell 5% vs the period previous year - but compared to expectations for $536.7 million.

Investment Analysts' Recent Ratings Updates for GVC Holdings PLC (GVC)

Pennantpark Floating Rate Capita (NASDAQ:PFLT) had a decrease of 10.36% in short interest. PGR's SI was 4.93 million shares in July as released by FINRA. The company was maintained on Thursday, January 19 by Credit Suisse. Among 15 analysts covering Beazley PLC ( LON:BEZ ), 8 have Buy rating, 2 Sell and 5 Hold.

Mob sets banks ablaze as policeman 'kills' tanker driver

According to reports, the mob also set a Sterling Bank branch on Wharf Road ablaze. Members of staff of the banks had to scale the fence to other buildings to make their escape. But a trader on Creek Road who gave his name as Moyosore Ola, said "the banks were set on fire by tanker drivers". Some other policemen attached to Sterling bank refused to hand him over to the angry truckers, that was why Sterling bank was burnt along with Diamond bank.

BBC Forced to Disclose Stars' Salaries, Revealing Huge Gender Gap

So, for example, we don't know how much Benedict Cumberbatch makes for playing Sherlock Holmes. The full list will be updated shortly. Then Hall pivoted, touting the BBC's dedication to parity in representation as well as pay. Well, according to the latest judicial earnings figures published by the Ministry of Justice, our Lord Chief Justice (Lord Thomas of Cwmgiedd) earns £252,079 a year.

BHP's Gas Production Falls by 10%

Among 2 analysts covering BHP Billiton (NYSE: BBL ), 1 have Buy rating, 0 Sell and 1 Hold. Finally, Citigroup Inc. reissued a "buy" rating on shares of BHP Billiton PLC in a report on Tuesday, April 11th. The correct version of this story can be read at https://www.themarketsdaily.com/2017/07/18/main-street-research-llc-has-8-81-million-stake-in-bhp-billiton-limited-bhp.html.

Audi advert comparing used cars to brides misfires in China

The proceedings on screen go to the ridiculously over-the-top extent of the old lady examining the bride's face, nose, ears, tongue and teeth before giving her son the green light. "Most corporations do not have the concept of gender equality and neither do Chinese regulators", Li Maizi, a feminist activist, told CNN . "If this ad compared a guy to a second hand vehicle, people would undoubtedly say its amusing and creative", she added.

Govt brings forward rise in state pension age

However, the proposals must be approved by Parliament before they are agreed - and this won't happen until the next government state pension age review in 2023. The Government added in a press release that "those affected by this proposed timetable will on average still receive more state pension over their lifetime than generations before them".

The Beyhive Isn't Thrilled With This Beyonce Wax Figure

Kylie's new waxwork was unveiled as she gears up for the release of her reality show, Life Of Kylie , which premieres on E! from August 6 in the US. "It's me! This is insane!" she gushed when the curtains lifted. Jenner is not the first member of her family to be immortalized with a figure at the museum. "To have my own wax figure is a surreal milestone and I can not thank my fans enough for helping me get here".

Cowboys WR says his dog was stolen for ransom money

In hopes of helping Whitehead find his dog, here are a bunch of cute pictures from Blitz's Instagram . While he was away, a close friend was watching his house and his XL Bully puppy, Blitz. Early Tuesday morning, Whitehead apparently got his dog back. To make matters even worse, the dog thieves aren't done there. All oddities aside, the guy just wants his dog Blitz back and for any dog owners out there, you know the feeling of being without your best canine companion.

Trump Administration Announces New Iran Sanctions Targeting IRGC

The new sanctions are not nuclear-related and do not violate the nuclear agreement with Iran, Free Beacon reported citing a U.S. official. The sanctions also target what the US says is a transnational criminal group based in Iran and three people associated with it.

Alfredo Angelo Bridal stores closing nationwide; including Oklahoma locations

Founded in 1933, the Florida-based bridal chain is one of the largest wedding dress manufactures in the world, selling gowns at more than 1,400 retailers in the USA and worldwide. "Panic, complete and utter disarray", said Julie Jones, one expectant bride who ordered several gowns from the store. She told four in your corner she bought a dress for her son's wedding, but the store couldn't find it.