Money

Air France-KLM is buying 31% of Virgin Atlantic

Air France-KLM is buying 31% of Virgin Atlantic Sir Richard said he would remain "very much involved" after the deal. Additionally, Delta, Air France-KLM and Virgin Atlantic will launch a combined long-term joint venture. The transactions are subject to a series of agreements and approvals, Virgin Atlantic said. They added that the JV would establish a partnership "with a duration of at least 15 years". [Full Article...]

McDonald's worker in the USA exposes kitchen's hygiene standards, gets fired

McDonald's worker in the USA exposes kitchen's hygiene standards, gets fired In another post, he wrote, "This is the side of the ice cream machine!" A former employee of the burger giant posted pictures on Twitter showing greasy pictures of a meal tray, claiming that it came out of an ice cream machine at an outlet he worked at. [Full Article...]

Ex-Fiat Chrysler executive charged in union official payoff

Ex-Fiat Chrysler executive charged in union official payoff The payments came from the UAW-Chrysler National Training Center, authorities say. The indictment claims designer clothing, jewelry and furniture were among the payments, as well as paying off a $262,219 mortgage on Holiefield and Morgan's residence in June 2014. [Full Article...]

Celine Dookhran 'honour killing': Two men to stand trial

Celine Dookhran 'honour killing': Two men to stand trial Her body had been found stuffed in a fridge , with her limbs bound and her throat slit, in a residential building in South West London on July 19. The deceased was allegedly kidnapped with the other woman, bound and gagged and taken to an address in Kingston- upon-Thames in south west London where they were raped and she was killed on Wednesday, a United Kingdom court has heard. [Full Article...]

Goldman Sachs Group, (The) (GS) Stake Increased by Clinton Group

Goldman Sachs Group, (The) (GS) Stake Increased by Clinton Group Cigna Investments New bought a new stake in stocks of Goldman Sachs Group, (The) in Q4 which is worth at $3,335,000. (The) by 440.8% in the first quarter. 06/27/2017 - Goldman Sachs Group, Inc. (The) declared that its Board of Directors has authorized a share buyback program on Tuesday, April 18th that allows the company to buyback 50,000,000 shares. [Full Article...]

Willingdon Wealth Management Raises Position in Wells Fargo & Company

Willingdon Wealth Management Raises Position in Wells Fargo & Company About 136,452 shares traded. It is down 9.67% since July 27, 2016 and is uptrending. It has underperformed by 57.53% the S&P500. Institutional owners hold 77.50% stake in the company while Insiders ownership held at 0.10%. On Wednesday, April 5 the stock rating was upgraded by Keefe Bruyette & Woods to "Outperform". The firm earned "Hold" rating on Friday, June 16 by Jefferies. [Full Article...]

Analysts Sights: Whiting Petroleum Corp (WLL)

Analysts Sights: Whiting Petroleum Corp (WLL) The market capitalization of the company is at $1.96 Billion. The Stock has shows volatility of 6.61% in recent 5 days and demonstrated volatility of 6.43% in last 30 days. (NYSE:EFX) on Friday, March 31 with "Buy" rating. Aviance Capital Partners Llc, which manages about $417.57M and $283.70M US Long portfolio, decreased its stake in Gilead Sciences Inc. [Full Article...]

United States stocks open higher, hit records on round of strong corporate results

United States stocks open higher, hit records on round of strong corporate results Indexes in the USA stock market opened Thursday at record high levels with companies' strong earnings. The tech-focused Nasdaq index was up 0.5% at 6,455.40. Shares at budget carrier Spirit Airlines plunged nearly 16% after the firm said its standoff with pilots resulted in more than 850 cancelled flights and raised costs in the quarter by an estimated $45m. [Full Article...]

Marathon Oil Corporation Target of Unusually Large Options Trading (MRO)

Marathon Oil Corporation Target of Unusually Large Options Trading (MRO) Marathon Oil Corporation has decreased its dividend by an average of 34.8% per year over the last three years. Institutional investors and hedge funds own 79.57% of the company's stock. During the same period in the prior year, the company posted ($0.43) earnings per share. During the same quarter a year ago, the business posted ($0.43) earnings per share. [Full Article...]

Britain To Ban Petrol And Diesel Cars By 2040

Britain To Ban Petrol And Diesel Cars By 2040 Although authorities did not make reference to recent diesel emissions cheating allegations leveled at numerous automakers, the breadth of the diesel scandal is unlikely to have bolstered the United Kingdom government's confidence in the vehicle industry as governments become more mindful of public health. [Full Article...]

Marshall Wace North America LP Takes Position in Kimco Realty Corporation (KIM)

Renaissance Technologies LLC now owns 2,456,829 shares of the real estate investment trust's stock valued at $54,271,000 after buying an additional 1,657,434 shares during the period. COPYRIGHT VIOLATION NOTICE: This news story was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another site, it was copied illegally and republished in... [Full Article...]

Here's MTA's Fix for Overcrowded Subways

Here's MTA's Fix for Overcrowded Subways The union for MTA workers wants to hold Mayor Bill de Blasio accountable for the crumbling transit system with a new ad campaign aimed at putting the heat on Hizzoner. "New Yorkers are rightfully frustrated with the current state of the subways, and their demands for better service have been heard", he said in a statement. [Full Article...]

QTS Realty Trust Inc

Norges Bank acquired a new stake in shares of Kite Realty Group Trust during the fourth quarter worth about $19,496,000. The firm is expected to announce its next quarterly earnings results after the market closes on Wednesday, July 26th. Another trade for 20,385 shares valued at $657,750 was sold by BRYANT JOHN M JR. Director Bruce W. Duncan sold 17,157 shares at an average price of $27.71 on Thu... [Full Article...]

UK: Environmental lawyers ridicule Gove's air pollution 'plan for more plans'

The government says that councils will need to produce local air quality plans which reduce nitrogen dioxide levels in the fastest possible time, with a final deadline of December 2018. James Thornton, chief executive of ClientEarth , the organisation that launched the legal challenge against the government past year, said: "A clear policy to move people towards cleaner vehicles by banning the sa... [Full Article...]

Inc. Purchases 1360 Shares of Verizon Communications Inc. (NYSE:VZ)

Inc. Purchases 1360 Shares of Verizon Communications Inc. (NYSE:VZ) Silvercrest Asset Management Group Llc sold 36,524 shares as Verizon Communications Inc Com (VZ)'s stock declined 7.66%. Ltd. raised its stake in Verizon Communications by 1,244.2% in the fourth quarter. Iowa Bank has 97,677 shares. Earnest Ptnrs owns 2,047 shares or 0% of their United States portfolio. (NYSE:VZ) is a huge mover today! As of Jun 30, 2017, FiOS video subscriber base was 4.666... [Full Article...]

OpenText to acquire Guidance Software for $222 million

OpenText to acquire Guidance Software for $222 million Under its agreement with Guidance Software, OpenText said it has agreed to pay $8.90 per share for Guidance Software, and less Guidance Software's cash, the final price will be around $278 million. Dennis Patrick sold $303,172 worth of stock. The shares were sold at an average price of $5.82, for a total value of $103,043.10. The transaction was disclosed in a legal filing with the Securities... [Full Article...]

Dow, S&P 500, Nasdaq end at records on strong earnings

Dow, S&P 500, Nasdaq end at records on strong earnings Both are at record highs. The Fed also said that inflation looks to remain below its target of 2 percent in the near term. U.S. Treasury prices bounce back from yesterday's losses, with the benchmark 10-year yield down 2 bps at 2.32%. On Wednesday, the U.S. Energy Information Administration reported a 7.2 million barrel drop in inventories last week. "Our teams are delivering better performa... [Full Article...]

Libor will end in 2021 says Britain's top financial regulator

Libor will end in 2021 says Britain's top financial regulator The Libor benchmark's administrator - ICE Benchmark Administration - and panel banks could continue to produce Libor as they do now, but the FCA could no longer oblige banks to submit rates and there was no guarantee it would survive, Bailey said. [Full Article...]

Vehicle industry warns 'growth is stalling' as output falls ahead of Brexit

Vehicle industry warns 'growth is stalling' as output falls ahead of Brexit Demand in the home market for United Kingdom manufactured cars saw a 9.5 per cent decline in the first six months of the year. The third consecutive month of decline resulted in a 2.9 percent year-to-date dip in output. More than half of the cars in the United Kingdom exported go to the EU. However, market "softness" in the United Kingdom and key export markets may see the 2017 forecast revised ... [Full Article...]

Rock Point Advisors LLC Position in Corning (GLW) Trimmed by $5.52 Million

Rock Point Advisors LLC Position in Corning (GLW) Trimmed by $5.52 Million Central Bank & Trust Co. increased its position in Corning by 515.2% in the first quarter. Denali Advisors LLC now owns 263,100 shares of the electronics maker's stock valued at $7,104,000 after buying an additional 43,300 shares in the last quarter. [Full Article...]


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