Finance

Finance Airbus A380: Did Emirates just save the superjumbo?
Author: 0 Airbus A380: Did Emirates just save the superjumbo?

Last year, Emirates celebrated the delivery of its 100th A380. The airline now operates a fleet of 101 A380's and estimates that almost 900 million passengers have flown on its flagship aircraft. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said: "Emirates truly represents Dubai's spirit of growth, innovation and resilience".

Finance Housing market enters 2018 on firm footing
Author: 0 Housing market enters 2018 on firm footing

RICS said that the lack of demand from first time buyers could be in part due to seasonal housing market flux. First-time purchases worth between £300,000 and £500,000 no stamp duty will be paid on the first £300,000, meaning a reduced rate is paid.

Finance AB Foods delivers mixed Christmas trading with Primark lifting sales
Author: 0 AB Foods delivers mixed Christmas trading with Primark lifting sales

Sales in the group's grocery division were 4 per cent ahead at constant currency and 1 per cent ahead of a year ago at actual rates. Primark has celebrated record Christmas sales thanks to over 300,000sq ft of added retail space. Ingredients sales fell 1%, mainly due to foreign exchange headwinds, but AB Foods sees margins improving in the full year. Profit growth is expected for the full year.

Finance Costa Coffee hit as less people are visiting the High Street
Author: 0 Costa Coffee hit as less people are visiting the High Street

Alison Brittain, chief executive of Whitbread, said: "Performance declined in traditional high..." A split has always been suggested by investors and analysts as a way to boost the respective value of both parts of the business. "We do expect the tough United Kingdom high street environment and inflation in our sector to continue to pose challenges in the year ahead", Brittain said in a statement.

Finance Infiniti commits to electrification
Author: 0 Infiniti commits to electrification

According to Nissan CEO Hiroto Saikawa, customers can expect beautifully-designed vehicles, like the Q Inspiration concept shown in Detroit , with a whole new level of electrified driving performance, as an evolution of its current power trains.

Finance Someone Stole $1.2 Million Worth Of Wine From Goldman Sachs Executive
Author: 0 Someone Stole $1.2 Million Worth Of Wine From Goldman Sachs Executive

Among the wines stolen were bottles of Domaine de la Romanée-Conti (DRC), including seven bottles in October 2016 purchased for $133,650. "Rare wines have a very specific market, but even given the narrow chance of making money illegally, thieves will find a way to break the law", FBI Assistant Director William F.

Author: 0 The Latest Occidental Petroleum Corporation (OXY) Insider Trading Activity

Occidental Petroleum Corporation ( OXY ) closed its previous trading session at $75.27 with the loss of -1.65%. About 153,114 shares traded. It has outperformed by 27.89% the S&P500. (NYSEAMERICAN:LBY). The Nebraska-based Ameritas Inv Prtn has invested 0% in Libbey Inc. Keystone Fincl Planning reported 1.95% stake. First National Tru Comm holds 1.36% or 132,055 shares in its portfolio.

Author: 0 Summit Midstream Partners, LP (SMLP) Rating Reiterated by RBC Capital Markets

The SI to Sussex Bancorp's float is 6.57%. The stock increased 0.30% or $0.17 during the last trading session, reaching $56.71. About 103,421 shares traded. Northeast Consultants reported 18,000 shares stake. 4,235 were reported by Round Table Ser Lc. Capital One National Association reported 0.05% stake.

Finance SF Chronicle: Immigration Sweep Coming to San Francisco
Author: 0 SF Chronicle: Immigration Sweep Coming to San Francisco

According to ABC7 in San Francisco , U.S. immigration agents are preparing to conduct major sweeps against undocumented immigrants. Homan also suggested leaders of sanctuary cities, which limit collaboration between local and federal agencies on immigration, should be charged with violating federal smuggling laws.

Finance China's Q4 GDP Growth Steady At 6.8%
Author: 0 China's Q4 GDP Growth Steady At 6.8%

There were some positive signs in the household sector in 2017, however, with disposable income growth picking up to 7.3 per cent from 6.3 per cent in 2016, and final consumption playing a bigger role in driving overall growth past year versus investment than in 2016.

Finance Big Banks Raise Oil Price Targets on Strong Demand, OPEC Cuts
Author: 0 Big Banks Raise Oil Price Targets on Strong Demand, OPEC Cuts

In a note on Tuesday, Morgan Stanley said it now sees Brent hitting $75 a barrel by the third quarter of 2018, while US crude could hit $70 a barrel. Gasoline stocks rose by 1.8 million barrels while distillate fuels stockpiles, which include diesel and heating oil, climbed by 609,000 barrels, the API data showed.

Finance Kaspersky Sues DHS Over Government Software Ban
Author: 0 Kaspersky Sues DHS Over Government Software Ban

The appeal targets Binding Operational Directive 17-01, issued by the DHS in September , which gave U.S. civilian government bodies 90 days to "remove and discontinue present and future use of ( Kaspersky Lab) products". Kaspersky is seeking to have the courts invalidate and rescind the BOD and Final Decision as invalid and for DHS to declare that the use of Kaspersky products on federal systems do not present a security risk.

Finance Investment in clean energy hit $333 billion past year
Author: 0 Investment in clean energy hit $333 billion past year

Solar energy remains the dominant force in renewables , and the sector attracted a massive $160.8 billion of total investment in 2017; China again led the way with almost half of this, at $86.5 billion. Annual figures from BNEF, based on its world-leading database of projects and deals, show that global investment in renewable energy and energy-smart technologies reached $333.5 billion a year ago, up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 ...

Finance IPhone X's one design limitation rumored to be improved next year
Author: 0 IPhone X's one design limitation rumored to be improved next year

The bad news is that it looks like the refreshed model of the iPhone X - provisionally dubbed the iPhone XI or iPhone 11 - that's expected to launch in 2018 will still feature the divisive cut-out - though the company is reportedly working on some new features to win customers over.

Finance What Does the Interest Rate Hike Decision Mean for Canadians?
Author: 0 What Does the Interest Rate Hike Decision Mean for Canadians?

The Bank of Canada has raised its target for the overnight rate to 1.25 per cent. Although Canadian's competitiveness would be affected, the bank is having their base-case point of view reasoned by the impact of the likely increase of the USA economy that will increase demand which can aid Canada and the impact of Trump's move to have corporate taxes put to an end.

Finance Acquires 9812 Shares of Merck & Company, Inc. (MRK)
Author: 0 Acquires 9812 Shares of Merck & Company, Inc. (MRK)

Finally, TheStreet downgraded Merck & Co., Inc. from a "b" rating to a "c" rating in a report on Monday, November 27th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company.

Finance What Recent Ownership Trends Suggest About MGM Resorts International (MGM)'s Future Performance
Author: 0 What Recent Ownership Trends Suggest About MGM Resorts International (MGM)'s Future Performance

Instinet reiterated a "buy" rating and set a $40.00 price objective on shares of MGM Resorts International in a research note on Tuesday, October 3rd. Calamos Wealth Management Llc, which manages about $927.87M and $721.64 million US Long portfolio, decreased its stake in Paypal Holdings Inc by 10,386 shares to 28,474 shares, valued at $1.82M in 2017Q3, according to the filing.

Author: 0 Vale SA (VALE), JPMorgan Chase & Co. (JPM)

The stock decreased 3.07% or $1.11 during the last trading session, reaching $35.08. About 623,269 shares traded. Signet Jewelers Limited ( NYSE :SIG) has declined 46.03% since January 17, 2017 and is downtrending. for the previous quarter, Wall Street now forecasts -29.87% negative EPS growth. Spirit Of America holds 0.15% of its portfolio in JPMorgan Chase & Co.

Finance Bank of America Corporation (NASDAQ:BAC) Expected To Report Earnings On Wednesday
Author: 0 Bank of America Corporation (NASDAQ:BAC) Expected To Report Earnings On Wednesday

KBW upgraded the shares of BAC in report on Tuesday, September 1 to "Buy" rating. Among 32 analysts covering Bank of America (NYSE: BAC ), 21 have Buy rating, 0 Sell and 11 Hold. This represents a $0.48 dividend on an annualized basis and a yield of 1.54%. Bank of America's dividend payout ratio is presently 27.91%. Several institutional investors have recently bought and sold shares of the company.