Money

Pearson airport baggage handlers are officially on strike

Pearson airport baggage handlers are officially on strike The Greater Toronto Ariports Authority has previously said that they do have a "contingency plan" in place in the event of a labour disruption. "We tried our best to reach an acceptable agreement with the company". Swissport claims it has bargained in good faith throughout contract talks. "We have no idea how Pearson will be able to operate safely and normally with this crew". [Full Article...]

US appeals court says FAA must reconsider regulating airline seat size

US appeals court says FAA must reconsider regulating airline seat size In 2015, passenger organization FlyersRights.org filed a petition over the consistent shrinking of airplane seat sizes , which corresponds to the number of passengers, in correlation to the way airlines are shrinking seat size to accommodate more people. [Full Article...]

Russia-China joint drill not for military alliance, says Putin

Russia-China joint drill not for military alliance, says Putin A diplomatic source told Reuters that it would be for the United States to decide which posts to cut, whether occupied by USA or Russian nationals. "It's a pity, because acting together we could be solving jointly the most acute problems that worry the peoples of Russian Federation and the United States much more efficiently". [Full Article...]

Cabot Oil & Gas Corporation (NYSE:COG) Getting Favorable Media Coverage, Report Finds

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Timber Hill LLC bought a new stake in Cabot Corporation during the first quarter valued at $201,000. During the same quarter in the prior year, the company earned $0.70 earnings per share. Equities analysts predict that Cabot Oil & Gas Corporation will post $0.64 earnings per sh... [Full Article...]

Let's Get Technical With Valley National Bancorp (VLY)

Let's Get Technical With Valley National Bancorp (VLY) PNC Financial Services Group Inc. now owns 20,366 shares of the bank's stock worth $353,000 after buying an additional 1,512 shares during the last quarter. If you are viewing this article on another domain, it was stolen and republished in violation of US and worldwide trademark & copyright law. The correct version of this piece can be accessed at https://www.thestockobserver.com/2017/07/28/valle... [Full Article...]

Russian Federation suspends United States embassy use of diplomatic properties in Moscow

The bill now has to be either signed or vetoed by US President Donald Trump . The statement comes after Moscow's decision to reduce the number of U.S. But the Russian foreign ministry yesterday attacked what it called the "extreme aggressiveness of the United States in worldwide affairs". Spokesman Dmitry Peskov said Putin didn't wait for Trump's reaction to the sanctions bill because "the... [Full Article...]

Current US economic expansion cycle is the slowest on record

Current US economic expansion cycle is the slowest on record Trump campaigned on a pledge to boost growth to rates of 4 percent or better. The Bank of Canada increased interest rates in July primarily due to expectations that slack in the economy would be eroded more quickly than expected which would put upward pressure on inflation. [Full Article...]

Tesla delivers its first 30 Model 3s in historic moment

Tesla delivers its first 30 Model 3s in historic moment The Long Range Model 3 offers 310 miles per charge . "As the saying goes, 'If you're going through hell, keep going, '" he joked. Battery production capacity is going to be the bottleneck and the huge balance on which the electrification of the automotive industry will pivot over the next few years as global battery production capacity scales up in a massive way like the world has never... [Full Article...]

Stock market opens lower as Wall Street resumes tech selling

Stock market opens lower as Wall Street resumes tech selling The company is also closing down its Teavana stores. Stocks turned in a mixed session, with the Dow rising to a new record high for the third straight session while the S&P and Nasdaq could not quite pull above their flatlines, although all three major averages finished near their highs of the day. [Full Article...]

Silliman Sells 610 Shares of Verizon Communications Inc. (VZ) Stock

Silliman Sells 610 Shares of Verizon Communications Inc. (VZ) Stock About 17.38M shares traded or 16.64% up from the average. In Telecom Services - Domestic Industry, Verizon Communications Inc . It has underperformed by 25.18% the S&P500. After $0.65 actual EPS reported by Yum! Tortoise Investment Management LLC raised its stake in Verizon Communications by 35.3% in the fourth quarter. [Full Article...]

Gareth Bale's agent addresses potential Manchester United transfer

Gareth Bale's agent addresses potential Manchester United transfer Jose Mourinho wants to sign Bale and his signing will invigorate United as the club needs a marquee player to help strike fear into the hearts of opponents. "I think what we did last season, Europa League, League Cup, sixth in the Premier League is what gets into your eyes". So they can only be playing for a club not two clubs; we can't have them, they belong to the clubs. [Full Article...]

The Formidable Asset Management LLC Raises Position in BP plc (NYSE:BP)

Canaccord Genuity maintained Rio Tinto plc (LON:RIO) on Wednesday, July 27 with "Buy" rating. As of the latest earnings report the EPS was $0.67 and is expected to be $1.60 for the current year with 3,277,421,000 shares now outstanding. BP p.l.c. shares had a trading volume of 746K by the end of trading on Wednesday. If you are reading this piece on another website, it was illegally stolen and rep... [Full Article...]

Profits surge for BA owner IAG

Profits surge for BA owner IAG IAG has reported a second-quarter operating profit of €805 million, up from €555 million a year ago. Passenger revenue increased 0.4 per cent compared to the prior period, excluding currency up 3.7 per cent. In March, the group, which also owns the Aer Lingus and Iberia airlines, launched Level , a new long-haul, low-priced airline brand. Looking ahead, IAG said it expects its operating prof... [Full Article...]

Earnings On Deck For Imperial Oil Limited

Earnings On Deck For Imperial Oil Limited AGF Investments Inc. now owns 7,982 shares of the energy company's stock valued at $243,000 after buying an additional 1,016 shares in the last quarter. During the same period previous year, the firm posted ($0.12) EPS. A number of equities research analysts recently issued reports on IMO shares. The firm also recently declared a quarterly dividend, which was paid on Saturday, July 1st. [Full Article...]

British Columbia opposition leader resigns after fall from power

British Columbia opposition leader resigns after fall from power More information to come . Clark will also resign as her seat as MLA for Kelowna-West. "But that seems to have waned, and presumably she may have got a better offer", he said. I think she has done a fantastic job. It's one thing to step down as leader of the party, but continue to fulfill one's mandate to represent one's riding, and it's another thing to, having just been elected, resign the s... [Full Article...]

Family loses home to wildfire burning near Monte Lake

Family loses home to wildfire burning near Monte Lake There is now more than 30 forestry crew members on site along with air tankers. In order for wildfire suppression activities to continue safely and effectively, the public must stay out of active fire areas. "Structures were certainly threatened yesterday evening". Around 57 wildfires larger than 0.01 hectares - the BC Wildfire Service's minimum threshold for reporting - were burning in the Ca... [Full Article...]

McCain Votes No, Dealing Potential Death Blow To Republican Health Care Efforts

McCain Votes No, Dealing Potential Death Blow To Republican Health Care Efforts Few senators liked the bill, and it probably would have destabilized the health care markets and made a ban on pre-existing conditions economically untenable. Why is there so much drama? Earlier this week, after McCain's vote advancing the health care bill, Trump was far kinder. "Now...it's time to move on", said Sen. [Full Article...]

Japan to Hike Tariffs on Frozen Beef Imports From US, Others

Japan to Hike Tariffs on Frozen Beef Imports From US, Others In addition to the United States, the 50 percent safeguard tariff also applies to imports from Canada, New Zealand, and other countries that do not have a free trade agreement with Japan . U.S. sales of frozen beef cuts to Japan previous year were worth $418 million, making up around 18% of total U.S. frozen beef sales, according to data from the U.S. [Full Article...]

America Airlines higher after positive outlook

America Airlines higher after positive outlook Imperial Capital reissued an "in-line" rating and issued a $43.00 target price on shares of American Airlines Group in a research note on Friday, May 19th. Earlier this month, American announced it was canceling code-share agreements with Qatar Airways and Etihad Airways because they were allegedly receiving "illegal" government subsidies. [Full Article...]

Yamana Gold Inc. (YRI) Analysts See $0.04 EPS

Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. BidaskClub cut Yamana Gold from a hold rating to a sell rating in a report on Tuesday, June 20th. In contrast to the year ago quarter EPS was at 0.06. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. [Full Article...]


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