Finance

Author: 0 Snapchat shares tumble as results miss Wall Street targets

Snap lost $2.31 per share, but was expected to only lose 21 cents. After years as a private company, watching its valuation rise with every round of funding, Snapchat parent Snap went public earlier this year. "But I do think at this point, we're pretty much ahead in terms of the technology that we're building". "We believe that everyone is going to develop a camera strategy", Spiegel continued, before dropping what can only be described as an epic burn.

Author: 0 Snapchat shares slide as growth slows

Launched in 2011, Snapchat (the company rebranded as "Snap" last year) initially appealed largely to younger users who enjoyed the app's ephemeral quality: photos and short videos sent using the app disappeared automatically after being viewed by recipients.

Author: 0 Apple To Invest $1B In US Manufacturing

In addition, the company said that they sold 50.76 million iPhones in the second quarter, which decreased from 51.19 million the same period past year. The Mac was a bright spot for Apple , as its longest-tenured product sold 4.2 million units, up four per cent, and $5.84bn of revenue, up 14 per cent.

Author: 0 United's Munoz tells House committee: 'We will do better'

Shuster predicted a "one-size-fits-all" solution that may serve some airlines, but not all. Mr Munoz apologised repeatedly for the April 9 incident in which passenger David Dao was forcibly removed from a flight, causing a concussion, broken nose and other injuries.

Author: 0 Snap shares tank 23 percent after reporting $2.2 billion net losses

The company attributed $2 billion of its loss for the quarter to stock-based compensation expenses related to its IPO . The company reported a net loss of $157 million. Even though revenue had increased by almost 700% the previous year, the company's net losses also increased to the tune of over $500 million. Greenfield said the future of Snapchat is on Spiegel and his team as they are expected to build products that delight people.

Author: 0 Coach is buying Kate Spade for $2.4 billion

Coach hopes to realize about $50m in synergies within three years of the closing of the deal, owing to the complementary nature of Kate Spade , said the company's chief financial officer Kevin Wills. Coach's history and heritage, multi-channel, worldwide distribution model, and seasoned leadership team uniquely position it to drive long-term sustainable growth for Kate Spade .

Finance China, US reach agreement on beef, poultry and natural gas
Author: 0 China, US reach agreement on beef, poultry and natural gas

It is unclear how much, if at all, the changes would reduce the US trade deficit with China, which reached $347 billion past year and has been a major complaint of Mr. Trump pledged during his presidential campaign that he would stop trade practices by China and other countries that he deemed unfair to the United States.

Author: 0 UK Labour's draft election manifesto leaked

Labour is expected to finalise its manifesto at a meeting on Thursday, but an extraordinary leak of the policy document saw details released a week ahead of its planned publication in a blow to the party's campaign strategy. Mr Corbyn has insisted "Britain is leaving the European Union" but the manifesto rules out breaking away from Brussels without a deal. A leaked draft version of Labour's manifesto on Wednesday suggested the party would support the renewal of the Trident nuclear ...

Author: 0 Trudeau congratulates Macron on election as French president

Thousands took to the streets of Paris to demonstrate against the new French president Emmanuel Macron in Paris today. "It's really a question now of what's going to happen next with respect to the U.S. In February, Mr Macron used a visit to No 10 to appeal to "bankers, talents, researchers, academics" to move across the Channel after Brexit. During the last French presidential election in 2012, almost one registered voter out of five, or 19 percent of the voters under the age of 25 did ...

Author: 0 US Federal Reserve holds interest rates steady

The Federal Open Markets Committee, the Fed's policymaking arm, said slowing economic growth was "likely transitory" and expected economic growth to to expand at a "moderate" pace. Committee members voted unanimously to hold the short-term federal funds rate, a key benchmark for consumer and business lending, to a target between 0.75% and 1%.

Author: 0 Disappointing retail earnings drag stocks lower

Disappointing results from the two chains sent a broader swath of stocks tumbling in the U.S. this week, with investors growing more pessimistic on the beleaguered industry. J.C. Penney is due to report quarterly results on Friday. Just as Wal-Mart Stores Inc. crushed mom-and-pop stores with the supercenter, Amazon's online supercenter is sucking the life from department and specialty stores.

Author: 0 Macron banks on de Gaulle's 'majority amplifier' to govern

Valls, a one-time centrist ally who lobbied for Macron to join the government in 2014, on Tuesday declared his desire to stand for Macron's party in the parliamentary elections. The novice candidates who made the cut hope to repopulate the political map of France with new faces and new ideas. Mr Ferrand, a former socialist deputy who was the rapporteur for the " Macron Law" - introduced by Mr Macron when he was economy minister - that deregulated coach transport and Sunday trading, ...

Author: 0 Goldman Sachs Group Inc Reaffirms Neutral Rating for Aviva plc (AV)

Two equities research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and four have issued a buy recommendation on the company. Jefferies maintained the shares of UTG in report on Wednesday, July 27 with "Hold" rating. About 2.76 million shares traded or 4281.44% up from the average.

Finance All ATM withdrawals not chargeable, SBI clarifies after furore
Author: 0 All ATM withdrawals not chargeable, SBI clarifies after furore

The public sector bank will also charge transactions on its State Bank Buddy wallet at Rs 25 per transaction. Speaking on the newly launched facility to allow customers to withdraw cash from ATMs using the bank's mobile wallet, Kumar said, "If a customer has money in SBI Buddy, our mobile wallet, he can now withdraw that money through ATMs".

Finance British telecoms Group says to axe 4000 jobs worldwide
Author: 0 British telecoms Group says to axe 4000 jobs worldwide

BT said it has suffered a " challenging year " that saw its profit slump by nearly a fifth and will see 4,000 jobs lost as part of a major restructure. The final dividend rises 10% to 10.55 pence. BT is now expecting a flat revenue growth in the year ahead along with a significantly revised-down EBITDA of £7.5-£7.6 billion for FY'18.

Finance Nordstrom Beats Earnings Views But Comps Miss After Macy's Disaster
Author: 0 Nordstrom Beats Earnings Views But Comps Miss After Macy's Disaster

Finally, Credit Suisse Group AG upgraded shares of Nordstrom from a "neutral" rating to an "outperform" rating and set a $58.00 price target for the company in a research report on Wednesday, January 18th. The firm's revenue for the quarter was up 2.4% compared to the same quarter previous year. A total of 26 analysts have released a report on Nordstrom Inc.

Finance Oil Rises On Low US Inventories, Saudi Cuts
Author: 0 Oil Rises On Low US Inventories, Saudi Cuts

The two biggest producers participating in the cuts, OPEC's Saudi Arabia and non-member Russian Federation, both signaled willingness on May 8 to extend the deal. IEA predicts world oil demand to increase 1.3 million bpd this year. Angola saw its oil output decrease slightly to 1.651 million bpd in April, from 1.652 million bpd in the previous month, according to the OPEC report.

Finance Financial Update of Physicians Realty Trust (NYSE:DOC)
Author: 0 Financial Update of Physicians Realty Trust (NYSE:DOC)

Physcns Rlty Trst now has $2.95B valuation. Its up 0.08, from 1.25 in 2016Q3. About 1.42M shares traded. It has underperformed by 20.18% the S&P500. First Potomac Realty Trust has a consensus hold rating from 8 Wall Street analysts, and the number of shares now sold short amount to at least 0.82% of shares outstanding.

Finance Advanced Micro Devices, Inc. (AMD)
Author: 0 Advanced Micro Devices, Inc. (AMD)

The stock has "Outperform" rating by BMO Capital Markets on Monday, December 12. RSI oscillates between zero and 100. Additionally, Advanced Micro Devices, Inc . Simple moving average analysis helps investors to quickly identify if a security is in an uptrend or downtrend. Look at the direction of the moving average to get a basic idea of which way the price is moving.

Author: 0 Climate envoys meet in Bonn despite Trump threat over Paris deal

The Union for Reform Judaism, the American Jewish World Service and the Coalition on the Environment and Jewish Life joined 20 other religious groups in urging Trump to adhere to the agreement, which was reached in 2015 and signed in 2016. The U.S. had pledged to cut greenhouse-gas emissions by 26% to 28% from 2005 levels by 2025. It's the second time a meeting to discuss the landmark climate agreement has been shelved.

Author: 0 White House Expected To Announce Voting Fraud Commission

Now we are seeing another Trump action based on an even more freaky assertion: his claim that he was robbed of a big popular-vote victory in 2016 by "millions of people who voted illegally". He has long argued that illegal voting, especially by noncitizens, is rampant. Kobach, who has been involved in a series of state and federal lawsuits on voting rights, is the lone secretary of state with authority to criminally prosecute voter fraud.

Author: 0 Australia's Budget Deficit To Narrow Before Surplus In 2020 To 2021

Chief executives of Commonwealth Bank, National Australia Bank, ANZ and Westpac all labelled Mr Morrison's levy a "bank tax", with three of the four explicitly saying the cost will be passed on. Moreover, the government says it will legislate a mandatory comprehensive credit reporting regime, if credit providers are not reporting at least 40% of their data by the end of 2017.

Author: 0 Banks to fight 'smash and grab' $6.2bn tax

Mr Bowen also said the party was yet to accept the Medicare guarantee fund proved there was no secret plan to abolish universal health care. The government is looking to spread company tax cuts to those turning over more than $50 million after its first set of of cuts to those earning less than that amount passed Parliament on Tuesday.

Finance Woman shot by police in terror raid charged with murder plot
Author: 0 Woman shot by police in terror raid charged with murder plot

A woman shot by officers during a raid by counterterrorism police in London was today charged, along with her mother, with preparing acts of terrorism and plotting murder. She was arrested three days later at St Mary's Hospital in Paddington. He has also been charged with preparing terrorist acts and may face other charges in relation to bomb creation.

Author: 0 Chesapeake Energy Corporation (CHK) closed at $5.75 in the last trading session

In current trading day Regions Financial Corporation (RF ) stock confirmed the flow of 0.99% with the final price of $14.35. Harris Associates L P boosted its stake in Chesapeake Energy by 96.4% in the first quarter. The Higher end of the revenue forecast is $2.53 Billion, while the Lower end of the forecast is $2.03 Billion. Market watchers will be closely following company shares into the second half of the year.

Finance JD Power Study Shows Airline Service In US Is Improving
Author: 0 JD Power Study Shows Airline Service In US Is Improving

Alaska Airlines , founded 75 years ago, serves 17 million customers in over 60 cities and three countries, with its main base of operation in Anchorage. But Taylor noted that airlines overall continue to have significantly lower satisfaction rankings than other services such as hotels and vehicle rental agencies.

Finance EU judge says Uber could be obliged to obtain permits
Author: 0 EU judge says Uber could be obliged to obtain permits

The case boils down to whether Uber can bypass local licensing requirements by qualifying as an information service. The decision , which is non-binding legally but foreshadows an official ruling, means regulation of Uber can be decided by each country as transport laws are decided by member states.

Finance Trump says he might release his tax returns-once he leaves office
Author: 0 Trump says he might release his tax returns-once he leaves office

President Donald Trump, in an interview with The Economist released Thursday, said he might be willing to release his tax returns once he leaves the Oval Office. Trump: I might release them after I'm out of office. "The returns will also show us how Trump may personally benefit from the policies he's advancing as president".

Finance Coca-Cola HBC sales up as Russian Federation rebounds
Author: 0 Coca-Cola HBC sales up as Russian Federation rebounds

Future earnings estimates are arguably the most important input when attempting to value a firm. Coca-Cola HBC has GBX 2350 highest and GBX 1 lowest target. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and worldwide trademark and copyright legislation.

Author: 0 April OPEC Oil Output Fell, But Saudi Arabia's Production Rose

TOKYO: Oil futures rose in Asian trading on Wednesday after Reuters reported Saudi Arabia would cut supplies to the region as OPEC battles against rising USA output that is threatening to derail its attempts to end a sustained global glut in crude.

Finance Viper Energy Partners LP (VNOM) Stock Rating Lowered by Zacks Investment Research
Author: 0 Viper Energy Partners LP (VNOM) Stock Rating Lowered by Zacks Investment Research

The Weekly and Monthly Volatility stands at 3.10% and 2.37%. It has underperformed by 40.28% the S&P500. Ativo Capital Mngmt Limited Co owns 72,334 shares for 0.24% of their portfolio. Bankshares Of Montreal Can owns 509,473 shares or 0.02% of their U.S. portfolio. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company.

Author: 0 Passengers Fist Fight on Southwest Flight

Green says police detained 37-year-old Chaze Cable of Lancaster, Los Angeles County, at the gate and charged with misdemeanor battery. Screams can be heard in the video as one woman shouts, "What's wrong with you?" She was running down the aisle toward danger, and she got trapped.

Finance Airport chaos, flights canceled: Spirit Airlines apologizes
Author: 0 Airport chaos, flights canceled: Spirit Airlines apologizes

The order mandates that the pilots and the Air Line Pilots Association (ALPA ) cease "from calling, permitting, instigating authorizing, encouraging, participating in, approving, or continuing any form of interference" with Spirit's airline operations until further hearings are conducted.

Author: 0 Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Reviewed By Analysts

Kratos Defense & Security Solutions earned a daily sentiment score of -0.07 on Alpha One's scale. (KTOS) have shown a high EPS growth of -2.80% in the last 5 years and has earnings decline of -74.20% yoy. Boulegeris Investments Inc. purchased a new position in shares of Kratos Defense & Security Solutions during the first quarter worth approximately $110,000.

Finance Deutsche Bank Indicated Wal-Mart Stores Inc (NYSE:WMT) As 'Hold'
Author: 0 Deutsche Bank Indicated Wal-Mart Stores Inc (NYSE:WMT) As 'Hold'

Highland Capital Management LLC's holdings in Wal-Mart Stores were worth $353,000 as of its most recent SEC filing. Other large investors have also recently made changes to their positions in the company. Shareholders of record on Friday, December 8th will be paid a $0.51 dividend. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 13.

Finance Micron Stock Falls Following Goldman Downgrade
Author: 0 Micron Stock Falls Following Goldman Downgrade

Other hedge funds also recently modified their holdings of the company. Micron Technology Inc now has $31.55 billion valuation. Insiders have sold 382,630 shares of company stock worth $10,282,104 in the last 90 days. Micron Technology's revenue for the quarter was up 58.4% on a year-over-year basis. Equities analysts forecast that Micron Technology, Inc . will post $4.28 EPS for the current fiscal year.

Finance 3 charged in fights at Fort Lauderdale airport
Author: 0 3 charged in fights at Fort Lauderdale airport

The U.S. District Court for the Southern District of Florida confirmed to ABC News that a temporary restraining order has been issued against the Spirit Airlines pilots' union to stop the work slowdown that has resulted in hundreds of flights being canceled.

Finance Trump on Twitter: 'Everybody' Has Better Healthcare Than US
Author: 0 Trump on Twitter: 'Everybody' Has Better Healthcare Than US

The White House said he was holding meetings and making calls, but didn't say with whom. Trump and Turnbull were set to mark the anniversary of that battle with speeches at a dinner aboard the USS Intrepid. Mr Turnbull described what a great victory it was for the allies, with Mr Trump nodding in agreement. However, Democrats say millions of Americans would lose their insurance if Trump's bill was to pass.