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Finance

The Pakistan Super League ( PSL ) officials held a meeting at Dubai today, to brief the overseas players on security arrangement for the tournaments final, scheduled to be held in Lahore later in March. Defending champions Islamabad United will face Peshawar Zalmi in the first match of the season after the ceremony. In Pakistan, cricket lovers can watch the match on PTV Sports and Ten Sports.
  • Coca-Cola European Partners PLC

    Finance

    The business had revenue of $9.40 billion for the quarter, compared to analysts' expectations of $9.21 billion. Meeder Asset Management Inc. now owns 4,917 shares of the company's stock valued at $196,000 after buying an additional 784 shares during the period.
  • Mortgage rates fall again as Trump trade fizzles out

    Mortgage rates fall again as Trump trade fizzles out

    Finance

    The loan package features an April variable of 3.708%, according to today's updated loan information. Currently, the aforementioned loan is offered at a rate of 4.250% and it bears an April variable of 5.288%. 10 year FRM interest rates are published at 3.710% carrying an April of 3.976%. The aforementioned loan is coupled with an April figure of 3.886%. Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 4.17 ...
  • Thomas Cook see rise in revenue yet remain "cautious"

    Finance

    Chief executive Peter Fankhauser said: "Bookings to Greece are now up by over 40%, while demand for destinations such as Cyprus, Bulgaria, Portugal and Croatia is also strong". The firm said it was "cautious" about 2017, shares fell by 10 per cent in morning trade. Tour operators including Thomas Cook and TUI AG have been boosting capacity at resorts perceived as safer by customers as they wrestle with the impact of terror attacks that have depressed travel to traditional vacation ...
  • Time Warner up slightly after across-the-board revenue boost

    Finance

    Time Warner said its adjusted operating income grew $1.75 billion in the quarter. The company said the decline in earnings per share reflects premiums paid and costs incurred with repurchasing debt. Shares are up.35% at $96.56 a share on Wednesday afternoon. Zacks Investment Research upgraded shares of Time Warner from a "hold" rating to a "buy" rating and set a $108.00 price objective for the company in a research note on Tuesday.
  • Brazil files WTO complaint against Canada following Bombardier loans

    Finance

    Bombardier in 2016 received a $1 billion investment for the CSeries from Quebec in exchange for a 49.5 per cent stake in a limited partnership focussed on the CSeries. The plane maker has been appealing for US$1 billion in federal assistance since late 2015. Bellemare said both the earlier funding from Quebec and the new federal money complied with WTO rules.
  • Honda Partners With Hitachi On Electric Car Venture

    Honda Partners With Hitachi On Electric Car Venture

    Finance

    Honda and Hitachi Automotive Systems have announced plans to establish a joint venture company for the development, manufacture and sales of motors for electric vehicles . The fuel-cell stacks which will be made in a factory in MI will be used in both Honda and GM products and vehicles. Different clients incorporate Toyota Motor, Ford Motor, and Volkswagen.
  • Alastair Cook resigns as England captain; Joe Root to replace him?

    Finance

    Root, appointed vice-captain in 2015, has become one of England's leading performers in all three formats and has always been touted as Cook's successor, despite never captaining his county, Yorkshire, or England. "I did bear the brunt of it and my wife saw a lot of it". It's sad but also exciting because it will be another phase of my career now'. "We've grown up together and I've captained him for every team I've played in - hopefully he'll be captaining me in the future", says Rafiq.
  • Randgold Posts Stronger-Than-Expected Rise In Full-Year Profits

    Randgold Posts Stronger-Than-Expected Rise In Full-Year Profits

    Finance

    There are now 93,872,638 shares in issue with the average daily volume traded being 617,183. The Company's year to date (YTD) performance is now positive at 19.16%. Dimensional Fund Advisors LP now owns 20,734 shares of the company's stock valued at $2,323,000 after buying an additional 237 shares in the last quarter.
  • Will RBI cut rates or hold them on February 8?

    Will RBI cut rates or hold them on February 8?

    Finance

    Although she voted to cut rates last August, Ms Forbes at that time voted against the plan to restart the Bank's money printing programme and also against diversifying it into the purchase of corporate bonds, in an indication of her more hawkish leanings relative to her colleagues.
  • Teva CEO Vigodman steps down as drugmaker seeks direction

    Teva CEO Vigodman steps down as drugmaker seeks direction

    Finance

    Teva , which saw its shares slip on the ruling, intends to appeal to the decision. Teva said the board of directors is searching for a permanent CEO. The drug accounts for about 16 percent of Teva's sales, but is facing a patent challenge by a generic drug developed by Novartis ( NVS ). Vigodman had been CEO since February of 2014.
  • Retail sales slip in January as shoppers turn cautious

    Retail sales slip in January as shoppers turn cautious

    Finance

    On a three-month basis, non-food sales up to January rose by 8.6 per cent year-on-year, compared with total sales of 0.3 per cent. It found that sales slowly moved up 0.1 per cent year-on-year, this is a huge slowdown from the 1.7 per cent increase in December.
  • Tue. 11 am: GM workers to get up to $12k bonuses

    Finance

    Following Earnings result, share price were DOWN 13 times out of last 24 Qtrs. On Tuesday, the company partly delivered, reporting a 16 percent increase in last year's pretax income. The original version of this report can be accessed at https://sportsperspectives.com/2017/02/07/groesbeck-investment-management-corp-nj-has-3178000-position-in-ford-motor-company-f.html.
  • United Kingdom house prices fell 0.9% in January, Halifax says

    United Kingdom house prices fell 0.9% in January, Halifax says

    Finance

    The figures from Halifax marked the first monthly decline since August of previous year and followed a 1.6% surge in December. During November to January, house prices advanced 2.4% from prior quarter after rising 2.5% in three months to December, which was the fastest growth since March 2016.
  • Aldi becomes UK's fifth-largest retailer

    Finance

    Ten years ago, Aldi only sat in the 10th spot for Britain's largest food retailer, it only accounted for a mere two per cent of the grocery market. Since then it has grown rapidly. But, its market share fell to 28.1%. Supply issues over the past few weeks have affected sales in fresh produce. McKevitt said: "11M households buy courgettes annually, but supply issues contributed to 759,000 fewer shoppers buying them this January - that's a 31% drop in spending compared with the same ...
  • Oil prices rise as investors pour fresh cash

    Oil prices rise as investors pour fresh cash

    Finance

    Rising rigs mean higher production, which could have a negative impact on crude oil prices. Overall, WTI dipped to 3-week lows below $52.00 p/b before finding some support into the United States close. Gasoline futures for March delivery dropped 1.5 per cent to $US1.4875 a gallon, the lowest close since November 29. BP said on Tuesday it made a "small" loss trading oil in the fourth quarter , while Shell last week said profits "flattened" in late 2016.
  • Michael Kors Tumbles on Disappointing Holiday Sales

    Michael Kors Tumbles on Disappointing Holiday Sales

    Finance

    The luxury accessories and fashion retailer said average selling prices in its third quarter ending December 31 - which including the crucial Christmas trading period - were hurt by a highly promotional environment as well as the popularity of cheaper cross-body bags and small leather goods.
  • Krispy Kreme Giving Away Free Doughnuts for Next 3 Weeks

    Krispy Kreme Giving Away Free Doughnuts for Next 3 Weeks

    Finance

    Fittingly, Krispy Kreme describes the Smooth blend as having "light acidity to balance the sweetness and with nuttiness and citrus notes to complement the treats". To promote the new brew, the company is throwing in a free donut for anyone who buys a cup. "It's a combination that's deliciously inseparable, and we're proud to say that our coffee is now doughnut-worthy".
  • Uber hires NASA veteran to help it figure out flying cars

    Finance

    Moore consulted on Uber's October 2016 white paper Fast-Forwarding to a Future of On-Demand Urban Air Transportation, which outlined the company's vision for a future of "vertiports" in every neighborhood. The ride-hailing company's interest in developing a flying auto predates Moore's start date. He explained that negotiations with suppliers are needed in order to bring prices down, and the company would have to lobby regulators for aircraft certifications and relaxed restrictions on air ...
  • Bernie Sanders: Trump Is A 'Fraud'

    Finance

    Trump signs an order to review the Dodd-Frank Wall Street to roll back financial regulations of the Obama era. "And then, suddenly, he appoints all these billionaires". And said he believed Trump would 'sell out the middle class and the working class of this country'. They covered a wide range of topics within the realm of politics, including how Sanders believes that his Republican colleagues in Congress should stand up to Trump and which direction he believes the Democratic Party should go in.
  • GoPro is taking after big misses on revenue and guidance

    GoPro is taking after big misses on revenue and guidance

    Finance

    Investors sent GoPro stock down by 12.7 percent Friday to close at $9.58 a share. The company was forced to recall its Karma drone in November, less than two months after its much-hyped debut, due to problems with the battery that led some of them to lose power in mid-flight.
  • Kristen Stewart Says She's "So Gay", Mocks Trump Tweets on SNL

    Finance

    But the star of Certain Women (and Twilight , of course) let it all hang out when she hosted this week's Saturday Night Live . From there, she dove into teasing Trump for the 11 tweets he posted about her relationship with ex-boyfriend Robert Pattinson several years ago.
  • Trader's Roundup: FireEye, Inc. (NASDAQ:FEYE), HCP, Inc. (NYSE:HCP)

    Trader's Roundup: FireEye, Inc. (NASDAQ:FEYE), HCP, Inc. (NYSE:HCP)

    Finance

    The consensus recommendation, according to Zacks Investment research, is 2.48. While 1 number of analysts gave ratings for HOLD in current as compared to 1 analyst giving UNDERWEIGHT. BMO has a Market Perform rating and lowered its target to $11 from $13. While 1 stands at overweight and 2 out of pool consider it as Sell for current month.
  • Merkel Says Europe's Future Could Be Two-Speed

    Finance

    Commission president Jean-Claude Juncker said Mr Trump did not seem to understand "the detail" of how the European Union worked. Hollande said it was "unacceptable" for Trump to put "pressure" on Europe, and said the European Union would "defend its interests" on the global stage.
  • Heightened DUI traffic enforcement rolls out in Colorado for Super Bowl weekend

    Finance

    Preliminary PennDOT data shows there were 187 crashes in Pennsylvania during the 2016 Super Bowl, 26 of those crashes were alcohol-related. That update did not analyze other holidays. Traffic is typically benign during the day Sunday, especially during the game. Cervantez said that is when traffic ticks up. Last year, state troopers issued 2,494 citations statewide, 200 of which were alcohol-related arrests - almost double the number from the 2015 Super Bowl weekend, said ISP.
  • Ralph Lauren CEO Leaves After Less Than Two Years

    Ralph Lauren CEO Leaves After Less Than Two Years

    Finance

    Apparently, Lauren's dreams clashed with Larsson's. Ralph Lauren Corp closed down -1.06 points or -1.20% at $87.37 with 21,74,739 shares getting traded on Wednesday. The Return on Investment (ROI) is at 9% while it's Return on Equity (ROE) value stands at 5.3%. According to sentiments of 16 analysts the company is expected to report revenues of $1.57B for the current quarter.
  • Reasons To Punt On Snap's IPO

    Finance

    Revenue is also a problem, as Snapchat lost $372.9 million in 2015 and $514.6 million in 2016 - meaning that they actually lost more money than their total revenue for the two years ($58.7 million in 2015 and $404.5 million in 2016). Facebook's Instagram, which recently introduced disappearing video content similar to Snapchat , had 600 million users as of late previous year.
  • Analysts Advise About New Residential Investment Corp. (NYSE:NRZ)

    Analysts Advise About New Residential Investment Corp. (NYSE:NRZ)

    Finance

    The stock now shows its YTD (Year to Date) performance of 0.19 percent while its Weekly performance value is -3.08%. New Residential Investment Corp. has a 52-week low of 9.69 and a 52-week high of 16.43. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. The mean price target is calculated keeping in view the consensus of 25 brokerage firms.
  • Boston Scientific Corp Reveals 15% Increase In Q4 Bottom Line

    Boston Scientific Corp Reveals 15% Increase In Q4 Bottom Line

    Finance

    The firm's 50 day moving average price is $22.61 and its 200 day moving average price is $22.86. Boston Scientific Corporation has 1 year price target of $27.69. The disclosure for this sale can be found here. That gain sent the price at $25.10 per share as of February 02,2017 when the total trading capacity was higher compared with their three months average volume of 8.38M shares.