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Economy

Terms of the deal call for shareholders to receive $ 2.40 per share for each share of Ruby Tuesday stock they own. The investigation centers on whether Ruby Tuesday's Board of Directors is acting in the shareholders' best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction.
  • Viacom, Charter talks extended

    Economy

    Past week, social media users, at most Instagram users, have been hit with advertisements from television networks pleading viewers who are Spectrum customers to contact Spectrum and insisted keeping their beloved Viacom channels in the likes of MTV , VH1, BET , Nickelodeon , Spike , Comedy Central and over 20 more channels.
  • Is a Pullback Coming For General Motors Company (NYSE:GM)?

    Is a Pullback Coming For General Motors Company (NYSE:GM)?

    Economy

    Laurion Capital Management Lp sold 1.10M shares as the company's stock declined 12.09% while stock markets rallied. The Wharton Business Group Llc holds 15,145 shares with $529,000 value, down from 309,930 last quarter. General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, July 25th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have assigned a buy rating to the stock.
  • EPS for Canadian Natural Resources Limited (CNQ) Expected At $0.04

    Economy

    The stock increased 1.23% or $0.4 on October 13, reaching $33. On the other end, a stock with a score from 0-2 would be viewed as weak. Novocure Ltd (NASDAQ:NVCR) has declined 0.43% since October 15, 2016 and is downtrending. (NYSE:PX) to report earnings on October, 26. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.68%. Investec Asset Management Ltd increased Microsoft Corp (NASDAQ:MSFT) stake by 1.50 million shares to 10.60M valued at $730.51M in 2017Q2.
  • WPI inflation eases to 2.60% in September

    Economy

    On Thursday, data released by the government showed that retail inflation remained flat at 3.28 percent in September, as food prices remained steady, while fuel and housing prices witnessing modest growth during the month. The index for manufactured products (weight 64.23 per cent) for September 2017 rose by 0.4 per cent to 113.4 from 112.9 for the previous month. The wholesale inflation in September fell to 2.60 per cent as prices of food articles, led by vegetables, softened.
  • Ardee schools closed as Hurricane Ophelia looms

    Ardee schools closed as Hurricane Ophelia looms

    Economy

    However, that red wind alert has now been extended nationwide meaning schools across the country will shut. Dublin Coach (The Green Bus) is still running this morning. All DART, Intercity and Commuter services are now operating. Power outages are expected. Schools in areas affected by a status orange alert should remain vigilant, and keep themselves appraised of any hourly and other updates from Met Eireann, and from their local authorities, local radio, and an Garda Siochana.
  • Assange colluded with Russian Federation to help Trump win: Hillary

    Assange colluded with Russian Federation to help Trump win: Hillary

    Economy

    In January, the USA intelligence community concluded Putin ordered the influence campaign to discredit Clinton and had a "clear preference" for her opponent, the report said. "When you're a star, they let you do it", he said. "It is a clear and present danger to western democracy and it is right out of Putin's playbook", she said.
  • Vauxhall axing 400 jobs at Ellesmere Port 'due to market, not Brexit'

    Vauxhall axing 400 jobs at Ellesmere Port 'due to market, not Brexit'

    Economy

    Citing a "competitiveness" problem for Ellesmere Port plant (northwestern England) but also uncertainties associated with Brexit, this spokesperson clarified that Vauxhall had "developed a plan that provides for a single-team transition" during 2018 against two now and a plan of voluntary departures (.) Representing approximately 400 people by end of 2017.
  • GM, Union Reach Tentative Agreement At Striking Canadian Plant

    GM, Union Reach Tentative Agreement At Striking Canadian Plant

    Economy

    Unifor President Jerry Dias accused the company on Thursday of declaring war on its Ingersoll workers, but the company said it had little choice but to look at alternatives to the strikebound Ontario plant, which assembles GM's Chevrolet Equinox sport utility vehicle.
  • Were Analysts Bullish GlaxoSmithKline plc (ADR) (NYSE:GSK) This Week?

    Economy

    Gw&k Investment Management, LLC claims 1,034,532 shares valued at $42,002,000. The Strategy Asset Managers Llc holds 40,699 shares with $1.76M value, up from 22,246 last quarter. The company has market cap of 74.64 billion GBP. GlaxoSmithKline PLC had a net margin of 6.48% and a return on equity of 114.93%. A number of other research firms have also issued reports on GSK.
  • Dubai police have been testing out this hoverbike

    Dubai police have been testing out this hoverbike

    Economy

    The Scorpion's rotor blades also look ready to chop through anything it might bump into, like humans, and sort of looks like it is as risky for the operator to fly as for anyone who might wander into its path. The new technology to be employed by the city's police was revealed at Gitex 2017 , an global technology showcase now happening at Dubai World Trade Centre.
  • Drone hits a passenger aircraft in Quebec City

    Drone hits a passenger aircraft in Quebec City

    Economy

    Canada's transport minster has told drone operators to stay away from airports after a remotely-piloted craft bonked a passenger plane during its final approach to Jean Lesage International Airport in Québec City. Greg McConnell, the national chairperson of the Canadian Federal Pilots' Association, said the incident "was just a matter of time". It was also within 5.5 kilometers of an airport, which is illegal in Canada.
  • Facebook Food Ordering and Delivering Service Launched For US

    Facebook Food Ordering and Delivering Service Launched For US

    Economy

    This year has seen Facebook roll out other features that keep users within the app. Facebook's shares were up almost 1% in early trading on Friday. And one such way is the introduction of a new feature through which you can order for food from the app. To help make your restaurant selection easier, you will also be able to read reviews about the relevant restaurant from your Facebook friends.
  • Tesla fired hundreds of employees in past week

    Economy

    On Saturday, the #Elon Musk-led company confirmed the job cuts in a statement but refused to disclose the exact number of cuts. In the last quarter, the company made only 260 vehicles. It added that some workers also received promotions and bonuses and that they expected to fill the vacancies. Mercury News had earlier reported about the firing of hundreds of employees by Tesla in the past week.
  • IndusInd buys Bharat Financial

    IndusInd buys Bharat Financial

    Economy

    India's IndusInd Bank Ltd agreed an all-share deal on Saturday to buy microlender Bharat Financial Inclusion Ltd for close to 155 billion rupees ($2.4 billion), boosting its presence in microfinance lending and rural banking. The scheme of the merger also includes a preferential allotment of shares to the promoters of the bank through warrants. The IndusInd bank has spent so much money on Bharat Financial Inclusion because according to IndusInd Bank the combination of both the sectors ...
  • Shares in Las Vegas Sands Corp. (LVS) Purchased by Scholtz & Company LLC

    Economy

    It has outperformed by 11.39% the S&P500. It last reported revenues of $4.25 billion and EPS of $0.86 for the June 2017, representing 2% top-line growth and 0.66 EPS growth. State Street, Massachusetts-based fund reported 66.77 million shares. Among 18 analysts covering Las Vegas Sands (NYSE: LVS ), 11 have Buy rating, 0 Sell and 7 Hold.
  • Kaufman Adaptive Moving Average Trending Higher for The Charles Schwab Corp (SCHW)

    Economy

    Chevy Chase Trust Holdings Inc increased Schwab Charles Corp New ( SCHW ) stake by 5.61% reported in 2017Q2 SEC filing. In other The Charles Schwab Corporation news, insider Marie A. A statistical measure of the dispersion of returns (volatility) for SCHW producing salvation in Investors mouth, it has week volatility of 1.83% and for the month booked as 1.86%.
  • Trader Alert: Unusual Volume Spotted in NMI Holdings, Inc. (NASDAQ:NMIH)

    Economy

    Several other equities research analysts have also recently weighed in on the stock. Deutsche Bank AG initiated coverage on NMI Holdings in a research report on Wednesday, July 5th. NMI Holdings, Inc. (NMIH ) has an operating margin of 29.50%. TRADEMARK VIOLATION NOTICE: " NMI Holdings Inc (NMIH ) Upgraded to Strong-Buy at Zacks Investment Research " was originally reported by StockNewsTimes and is the property of of StockNewsTimes.
  • Bitcoin Price Technical Analysis for 10/13/2017 - How High Can It Go?

    Bitcoin Price Technical Analysis for 10/13/2017 - How High Can It Go?

    Economy

    In just over a year, Bitcoin has risen nearly 1,000%, and Ethereum enjoyed similar gains over the course of the year. Whether you need help understanding the basics of blockchain technology or desire to read an in-depth analysis of the latest initial coin offering, Strategic Coin will provide you with the information you need to take advantage of market opportunities within the crypto finance industry.