Finance

Finance Variety owner buys majority stake in Rolling Stone
Author: 0 Variety owner buys majority stake in Rolling Stone

Singapore-based music start-up BandLab Technologies will remain a partner with a 49% stake in Rolling Stone . The deal is reportedly valued at about $100 million. However, Penske Media has specified that Jay Wenner will be kept on as the editorial director of the company. Exiting the magazine "would be like selling off his right arm", he said.

Finance House Republican proposes net neutrality replacement bill
Author: 0 House Republican proposes net neutrality replacement bill

Under the change, broadband internet providers can block websites or charge for certain websites or content. The Trump-appointed head of the FCC, Ajit Pai, held a vote last week on net neutrality, which was repealed on a 3-to-2 party-line vote.

Finance AT&T promises $1000 bonus for employees after Trump signs tax bill
Author: 0 AT&T promises $1000 bonus for employees after Trump signs tax bill

The Justice Department is now suing to block a proposed $85 billion merger between AT&T and Time Warner , a deal Trump has objected to as " not good for the country ". During the tax debate, Stephenson has often said AT&T would use the savings for infrastructure spending and to hire more workers. Trump has said the deal is "not good for the country" because it might make prices increase.

Finance NYSE Arca Petitions SEC For Bitcoin ETF Listing
Author: 0 NYSE Arca Petitions SEC For Bitcoin ETF Listing

According to CME data and the Merkle , around 220 contracts were sold within the first hour of trading for January. On the other hand, investors in the ProShares Short Bitcoin ETF would benefit when the daily value of the futures falls and, like the first fund, would not be directly invested in bitcoin.

Author: 0 Endo International (ENDP) Downgraded to "Buy" at Vetr

DST Systems had 10 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Tuesday, January 31 by Mizuho. The stock of Endo International plc (NASDAQ: ENDP ) earned "Hold" rating by BMO Capital Markets on Friday, September 29. Sg Americas Lc has 0.24% invested in Ford Motor Company (NYSE:F) for 2.36M shares.

Finance Existing Home Sales Post Largest Gains Since 2015
Author: 0 Existing Home Sales Post Largest Gains Since 2015

Median home prices to rose to hit $248,000 in November. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums, and co-ops, jumped 5.6% to a seasonally adjusted annual rate of 5.81 million in November from an upwardly revised 5.5 million level in October , according to the National Association of Realtors .

Finance CMA approves Tesco's £3.7bn Booker deal
Author: 0 CMA approves Tesco's £3.7bn Booker deal

Booker also owns about 200 cash and carry warehouses and supplies 120,000 retailers, including the Budgens, Londis, Premier and Family Shopper convenience chains, which are run as franchise operations. Tesco operates more than 3,000 stores across the United Kingdom while Booker supplies services to more than 5,000 stores as well as to thousands of independent retailers and caterers.

Finance BlackBerry Ltd Stock Surges On FQ3 2018 Earnings Results
Author: 0 BlackBerry Ltd Stock Surges On FQ3 2018 Earnings Results

Total revenue from services and licensing was a record $190 million in the three months ended November 30, accounting for 85 per cent of total sales. This beat analysts' expectations of $216 million, according to Thompson Reuters I/B/E/S. Non-GAAP software and services revenue growth expected between 10% and 15% and FCF expected to be positive. Adjusted EBITDA amounted to $35 million. BlackBerry reported a cash balance of $2.5 billion at the end of the quarter.

Author: 0 Traders Watch List: Occidental Petroleum Corporation (OXY)

Barometer Capital Management Inc. bought a new stake in shares of Occidental Petroleum during the third quarter valued at approximately $12,213,000. Federated Investors Inc. Shares of Occidental Petroleum Corporation (NYSE: OXY ) traded up $0.35 during trading on Monday, reaching $70.97. (NASDAQ:SUPN). Sanctuary Wealth Advsr Ltd Liability Co accumulated 89,277 shares.

Author: 0 Top RSI Trades for Today - QUALCOMM Incorporated (NASDAQ: QCOM)

QUALCOMM Incorporated (NASDAQ: QCOM ) closed its last session at $65.38. It has underperformed by 7.39% the S&P500. Clearbridge Invests Ltd Liability Corp holds 0.03% or 531,441 shares. Following the completion of the sale, the executive vice president now owns 12,035 shares of the company's stock, valued at $824,638.20. The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 16.32%, and has a solid year to date (YTD) performance of 0.28% which means that ...

Finance Atlanta's Hartsfield-Jackson Airport Loses Power, Strands Thousands
Author: 0 Atlanta's Hartsfield-Jackson Airport Loses Power, Strands Thousands

Delta customers are encouraged to check the status of their flight via the Fly Delta mobile app or delta.com before heading to the airport. She said: "A lot of people are arriving, and no one is going out". This is only day two of the season where US air carriers are expected to fly 51 million passengers through January 4. Pending full resumption of power, Delta anticipates a near-full schedule Monday in Atlanta , though some delays and cancellations can be expected.

Finance Woman claims she was billed $350 for bad hotel review
Author: 0 Woman claims she was billed $350 for bad hotel review

Katrina Arthur and her husband stayed at Abbey Inn & Suites in March 2016. She told the television station that she cleaned the room herself. "So we start checking the sheets and the bed and we found hairs, dirt, so wasn't insane about that either, of course I was disgusted", she said.

Author: 0 Royal Bank of Canada Reaffirms "Buy" Rating for Bank of America (BAC)

Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since December 20, 2016 and is uptrending. It has underperformed by 2.87% the S&P500. When we look at the Analyst Recommendations of the stock, the company has 2.62 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell.

Finance Musk tweets phone number to 16.7mn followers
Author: 0 Musk tweets phone number to 16.7mn followers

The Tesla Inc. chief executive officer quickly deleted the post. The Facebook exec didn't directly address Musk's tweet but said on Twitter that "I spent over a decade building rockets and founded the Commercial Spaceflight Federation". A Facebook spokesperson said Mr Carmack had no plans to leave the company. Virtual and augmented reality are playing significant roles in the development of autonomous cars.

Finance UK.gov pushes ahead with legal right to 10Mbps
Author: 0 UK.gov pushes ahead with legal right to 10Mbps

Broadband customers will be given the legal right to receive fast broadband under new rules announced by the government. According to the Culture Secretary Karen Bradley, the government understands how "important broadband is to homes and businesses" and it wants "everyone to benefit from a fast and reliable connection".

Author: 0 Acquires 88041 Shares of Activision Blizzard, Inc. (NASDAQ:ATVI)

Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 2.48 in total earnings per share. (NASDAQ: ATVI ) for 138,570 shares. Activision Blizzard Inc . now has $49.07B valuation. (NASDAQ: ATVI ) was sold by ZACCONI RICCARDO on Wednesday, August 16. Baring Asset Management Ltd sold 10,555 shares as the company's stock rose 23.27% with the market.

Finance Should You Buy Hewlett Packard Enterprise Company (HPE) or HP Inc. (HPQ)?
Author: 0 Should You Buy Hewlett Packard Enterprise Company (HPE) or HP Inc. (HPQ)?

Their projections for the Next Quarter growth is 10 percent. YorkBridge Wealth Partners LLC increased its stake in Hewlett Packard Enterprise by 3.2% during the second quarter. Hewlett Packard Enterprise's payout ratio is now 142.86%. The Volatility 3m of Hewlett Packard Enterprise Company (NYSE: HPE ) is 29.927800. The 14-day RSI is now sitting at 33.58, the 7-day is at 25.53, and the 3-day is spotted at 10.21 for Datawind Inc (DW.TO).

Author: 0 Investors Catching Stocks Twenty-First Century Fox, Inc. (FOXA)

The stock decreased 0.79% or $0.42 during the last trading session, reaching $52.83. The company's market cap is $0, and the average volume is 3.78 Million. After $0.98 actual EPS reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -10.20% negative EPS growth. Of those holders, 184 had increased positions amounting to 21 million shares, 178 had decreased positions amounting to 16.11 million shares, and 67 holders have a held position accounting for ...

Finance Rail advocate among those killed in Amtrak crash
Author: 0 Rail advocate among those killed in Amtrak crash

Flem, a member of the Washington group, said she last saw the two men December 9, at All Aboard's annual meeting and auction. "They had wanted to be on that very, very first run". As the National Transportation Safety Board investigates the cause of the accident, the RPA said its membership and staff are mourning Hamre's loss, as well as the loss of Hamre's friend, Zack Willhoite , who was also an RPA member.