Finance

Vodafone plans United Kingdom fibre broadband roll-out

Vodafone has been granted a period of exclusivity on a city-by-city basis during its construction phase, where it will be the only company able to market the new service to its customers. Meanwhile, the government has stated its preference is for a "full fibre" Britain. "We are not a competitor at the retail level, all of our networks are open". [Full Article...]

Target Fidget Spinners Reportedly Contain Too Much Lead for Kids

The center of the metal version of the same spinner tested for 1,300 ppm of lead. Lab results showed that two fidget spinners now sold at Target contained extremely high levels of lead, well over the federal legal limit of 100 parts per million. [Full Article...]

Opel launches new plan to prevent plant closures in Europe

PSA aims to keep all current Vauxhall and Opel plants open, including Luton and Ellesmere Port. General Motors lost money with Opel for decades and eventually sold it to Groupe PSA for 2.2 billion euros . Currently Vauxhall runs at a huge loss despite selling 984,000 cars a year ago. Lohscheller said the profitability plan will not see any forced redundancies or closures at plants in Europe... [Full Article...]

European Union slashes United Kingdom growth outlook for 2017 over Brexit 'uncertainty'

By contrast to the slowing United Kingdom economy , the rest of Europe will continue to grow robustly, carrying on the strong levels of economic expansion seen over the a year ago or so. However, the risk of the United Kingdom losing its position as the main euro-clearing centre, worth some £1.1bn to the economy, could signal a setback which sparks firms to move operations to Europe. [Full Article...]

House price falls now widespread, say surveyors

House price falls now widespread, say surveyors When asked what they thought would happen to house prices over the next three months, a majority reported falling values in London , the South East, East Anglia, the South West, the North East and the West Midlands. But it also said there are large regional variations. By way of contrast, the North West of England, Wales, Scotland and Northern Ireland have all reported sentiment consistent with h... [Full Article...]

Leather goods at the core of Burberry's new luxury strategy

Leather goods at the core of Burberry's new luxury strategy Stock dived 10% on the news , recovering slightly to an 8.5% fall by mid-morning. Marco Gobbetti, Chief Executive Officer, said, "Consumers responded positively to fashion and newness, particularly in rainwear and leather goods". Following the announcement that creative chief and former CEO Christopher Bailey will exit the business , investors were hoping to see some direction from Gobbetti. [Full Article...]

Sainsbury's profits fall 9% but sales rise

Sainsbury's profits fall 9% but sales rise Sainsbury's total general merchandise sales growth dropped to 1.6% in the second quarter, while total grocery sales growth more than halved to 1.4% from 3% in the first quarter. "We have 112 Argos stores open in Sainsbury's supermarkets and will have 165 open by Christmas, in addition to almost 200 digital collection points across our stores". [Full Article...]

Arvind up 1.5%, recovers from losses after demerger annoucement

Arvind up 1.5%, recovers from losses after demerger annoucement The firm's licensed product include global brands like Tommy Hilfiger, Calvin Klein, Arrow, Gant, Nautica, IZOD and US Polo. Once the restructuring is complete, Arvind Ltd will hold the textiles business, Arvind Fashions Ltd the branded apparels business and Anup Engineering Ltd the engineering business. [Full Article...]

Planet Fitness tops Street 3Q forecasts

The company has a quick ratio of 1.28, a current ratio of 1.29 and a debt-to-equity ratio of -4.46. Planet Fitness ( PLNT ) jumped in after-hours trade Tuesday, after the company topped expectations for the third quarter on both the top and bottom lines and guided full-year results above the consensus. [Full Article...]

Namadhu MGR premises over reports of tax evasion

Namadhu MGR premises over reports of tax evasion I-T officials are also planning to conduct searches at the residence of former chief minister Jayalalitha in the city. Raids are also being conducted in Andhra Pradesh and Delhi. Hitting out at the Centre, sacked AIADMK leader TTV Dhinakaran said, "People are watching everything, they understand what is going on". The searches were being conducted by more than 10 groups and are still ongoing, so... [Full Article...]

Nabors Industries Ltd. (NBR) PT Lowered to $8.00

A number of other brokerages also recently weighed in on NBR . Morgan Stanley cut their target price on shares of Nabors Industries from $9.00 to $8.50 and set an equal weight rating for the company in a research note on Thursday, October 26th. [Full Article...]

Abraxas Petroleum Corporation (AXAS) Posts Earnings Results, Meets Estimates

The stock has a market capitalization of $358.83, a PE ratio of 73.00 and a beta of 1.44. The Firm operates through four business divisions: International Services, U. Average True Range (14) for Abraxas Petroleum Corporation (AXAS ) is stands at 0.10. (NASDAQ:AXAS). Dimensional Fund Advisors Limited Partnership reported 20,940 shares. [Full Article...]

Zeroing in on Company Shares of Marathon Petroleum Corporation (NYSE:MPC)

It dropped, as 53 investors sold MPC shares while 274 reduced holdings. About 3.66M shares traded. Spring Bank Pharmaceuticals Inc (NASDAQ:SBPH) has risen 10.60% since November 8, 2016 and is uptrending. Gam Hldgs Ag owns 43,129 shares or 0.05% of their U.S. portfolio. In terms of efficiency, MRO has an asset turnover ratio of 0.19. Natixis Asset stated it has 0.38% of its portfolio in Consolida... [Full Article...]

Panera is buying back Au Bon Pain

Panera is buying back Au Bon Pain The deal brings the two chains back together again: They were part of the same came company in the 1990s, until Au Bon Pain was sold in 1999 to a private equity firm and Panera became the focus. Shaich said in a release that Panera in its most recent quarter outperformed restaurant same-store sales by more than 800 basis points, versus the Black Box Intelligence monthly restaurant index. [Full Article...]

Stock'S Earning Overview AMC Entertainment Holdings, Inc. (AMC)

Stock'S Earning Overview AMC Entertainment Holdings, Inc. (AMC) Falcon Point Ltd Liability Company accumulated 618,925 shares or 1.9% of the stock. A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. About shares traded. AMC Entertainment Holdings Inc (NYSE: AMC ) has declined 9.74% since November 8, 2016 and is downtrending. The company also recently announced a quarterly dividend, w... [Full Article...]

Snap reveals Tencent takes 12% stake as earnings disappoint

Snap reveals Tencent takes 12% stake as earnings disappoint The company reported ($0.14) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.31) by $0.17. However, this latest tumble will likely result in the share going back on the decline. It has lost 47% since it went public on March 2, while the Renaissance IPO exchange-traded fund (IPO) has run up 21% and the S&P 500 index has climbed 8.9% over the same time. [Full Article...]

First ACA signups under Trump exceeding last year's pace

First ACA signups under Trump exceeding last year's pace The Trump Administration hopes that, without outreach, people will not enroll for healthcare through the ACA, so that they can then crow that people "don't want" healthcare. Many enrollees may be able to obtain much more affordable coverage, and some for no monthly costs. Update your income onhealthcare.gov to find out. Karen Martinez is a district manager and licensed agent with the Freedom Ins... [Full Article...]

Veterans Day discounts of note

Veterans Day discounts of note Service hours are 8 a.m.to 2 p.m. Saturday. Buffalo Wild Wings is offering a free small order of boneless or traditional wings along with a side of fries. In honor of Veterans Day get an extra 10% off all eyewear on November 11th and 12th 2017. Must have valid identification. Call (989) 697-4444 to schedule an appointment. [Full Article...]

Yahoo's Mayer points to Russians in data-breach apology

At the time it thought one billion of its accounts and been compromised. The new parent company acted within a week to disclose the vastly widened scope of the attack, which tripled to 3 billion affected users. A Mayer spokesperson said Tuesday she was appearing voluntarily. The 2013 breach, which likely occurred in August of that year, stole user account data including names, email addresses,... [Full Article...]

SegWit2x backers cancel plans for bitcoin hard fork

SegWit2x backers cancel plans for bitcoin hard fork All times in BST. Last week, several analysts including Willy Woo stated that a major correction would likely occur after the fork as altcoin investors who have moved their funds from altcoins to bitcoin with the sole intent of obtaining B2X reallocate their funds back to bitcoin. [Full Article...]


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