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Economy

Getting a jet-powered auto to travel safely at that speed is hard - just ask Richard Hammond! - and the fact that it went off without a hitch is a testament to how far the project's come. Chief engineer Mark Chapman said: "The Newquay tests have gone better than anyone dared hope, and that is testament to the many years of research and design invested in Bloodhound SSC".
  • BA owner sees jump in yearly profits on healthy demand

    BA owner sees jump in yearly profits on healthy demand

    Economy

    Level, IAG's new low-priced, long-haul unit, and Aer Lingus have rapidly added capacity, especially to transatlantic routes, diluting the group's revenues per passenger and mile flown. We're reporting another strong quarter with an operating profit up 20.7% to £1.2m before exceptional items. Mr Walsh flagged growth opportunities that Vueling might now have in Italy and Germany.
  • Mostly Seasonable & Mostly Sunny Most Of The Day

    Mostly Seasonable & Mostly Sunny Most Of The Day

    Economy

    Wednesday and Thursday now look like they will be mostly sunny to sunny with highs warming back to the upper 60s/ low 70s as winds switch back to the south/ southwest at 5-10 miles per hour. It will also be blustery with wind gusts in the 40-50 miles per hour range. There will only be a slight chance of showers throughout the day but we will stay mainly dry with a partly cloudy sky.
  • Latest Analysts Reports: Dover Corporation (DOV), T. Rowe Price Group, Inc. (TROW)

    Economy

    United Bank sold 5,676 shares as T Rowe Price Group Inc (TROW)'s stock declined 0.66%. The business is scheduled to announce its next quarterly earnings results before the market opens on Thursday, October 26th. & worldwide trademark & copyright laws. Provident Trust Co increased T Rowe Price Group Inc (TROW) stake by 27.59% reported in 2017Q2 SEC filing. Analysts are projecting the stock to trade at 108.02 within the next 12-18 months.
  • Lloyds Banking Group PLC

    Lloyds Banking Group PLC

    Economy

    The company's market capitalization is GBX 43.89 billion. The brokerage now has a "buy" rating on the financial services provider's stock. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.
  • Swiss bank UBS posts 14% rise in net profit, but misses estimates

    Swiss bank UBS posts 14% rise in net profit, but misses estimates

    Economy

    UBS crunched its spending by almost 4 percent on the year, and said it has now slashed its overall expenses by 1.9 billion Swiss francs - its year-end target is 2.1 billion francs. Pre-tax profit soared 39 percent. UBS's revenues climbed 2.1 percent to 7.1 billion, costs were squeezed 3.7 percent to 5.9 billion. The results reflected higher invested asset levels and higher short-term U.S.
  • The Candriam Luxembourg SCA reached $7566000 position of McDonald's Corp. (MCD)

    The Candriam Luxembourg SCA reached $7566000 position of McDonald's Corp. (MCD)

    Economy

    It has outperformed by 1.55% the S&P500. Stifel Nicolaus maintained Apple Inc. Intersect Cap Ltd Company accumulated 11,444 shares or 1.05% of the stock. More notable recent McDonald's Corporation (NYSE: MCD ) news were published by: Fool.com which released: "9 Metrics From McDonald's Corporation's Solid Third Quarter" on October 26, 2017, also Investorplace.com with their article: " McDonald's Corporation ( MCD ) Sees Strong Sales After Q3 Promotions" published on October 24, 2017, ...
  • Bon-Ton Stores Inc (BONT): Financial Overhang Lifted, Shares Soar Over 50%

    Bon-Ton Stores Inc (BONT): Financial Overhang Lifted, Shares Soar Over 50%

    Economy

    Investors mark this stock "active" as it exchanged hands with 62,627,099 shares contrast to its average daily volume of 504.33K shares. Moving averages are considered to be lagging indicators meaning that they confirm trends. Beta values for the above stocks are 3.07, 1.34, 0.00. As a result, shareholders under-react when stock prices approach the 52-week high, and as a result, contrary to most shareholders' expectations, stocks near their 52-week highs tend to be systematically undervalued.
  • Murray Goulburn to be sold to Canada's Saputo for A$1.3 billion

    Economy

    For a minimum of five years from 2019, Saputo has undertaken to pay suppliers a market competitive farmgate milk price. The transaction is subject to approval by an ordinary resolution of MG's voting shareholders at a shareholders' meeting, approval by the Australian Competition and Consumer Commission and Foreign Investment Review Board, and completion of other customary conditions.
  • Glu Mobile, Inc. (GLUU)

    Economy

    Glu Mobile Inc (NASDAQ: GLUU ) shares traded -5.26% down during most recent session to reach at the closing price of $3.96. According to Glu Mobile Inc .'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 35.09%.
  • Kamal Haasan to launch party on Nov.7th ?

    Kamal Haasan to launch party on Nov.7th ?

    Economy

    Writing in his weekly series in Tamil magazine, the actor titled it this week as "Be prepared.will tell all on November 7", which happens to be his birthday. Treating the petition filed against the actor like any other petition seeking a direction to register a FIR, the judge passed his usual order directing the police to follow the dictum laid down by the Supreme Court in the famous Lalita Kumari's case (2013) and register a case forthwith only if any cognizable offence had been made out on ...
  • Analysts See $0.15 EPS for Potash Corporation of Saskatchewan Inc (POT)

    Analysts See $0.15 EPS for Potash Corporation of Saskatchewan Inc (POT)

    Economy

    The market experts are predicting a 22.85% rally, based on the high target price ($24.25) for Potash Corporation of Saskatchewan Inc . shares that is likely to be hit in the 52 weeks. This represents a $0.40 annualized dividend and a yield of 2.53%. The ex-dividend date is Thursday, September 28th. The current P/E ratio for POT is 33.93 and the forward looking P/E is 28.01.
  • Yes Bank Q2 profit rises 25% despite surging bad loans

    Yes Bank Q2 profit rises 25% despite surging bad loans

    Economy

    The divergence reported in 2016-17 is also higher than the divergence reported in 2015-16 when RBI had red-flagged Rs 4,925.6 crore of loans as NPAs when the bank had reported a gross NPA of Rs 748.9 crore. During the second quarter, Yes Bank reported a net interest income (interest earned minus interest expended) of Rs 1885 crore, a growth of 33.5 per cent over past year.
  • RBS posts better than expected third quarter profit

    Economy

    The third-quarter profit compares with a loss of £469m for the same period previous year. Third quarter adjusted operating profit came in at £1.2 billion compared with £1.3 billion a year ago. Investors reacted positively to the results, sending its shares up 2.7% to 288.50p in morning trading. Mr McEwan added that he was pleasantly surprised at the resilience of the United Kingdom economy but warned that an interest rate rise - expected next week - will "have an impact for people with ...
  • Sirius XM Q3 Earnings: Key Takeaways

    Economy

    The number fell to 0.702 million in the first half of 2017. Meanwhile, its EBITDA also increased by close to 12% year over year in Q3, taking the margins to an all-time high of 39.9%, driven by continued strength in subscriber additions and impressive ARPU of $13.41.
  • Uber is being sued by three engineers

    Economy

    The allegations against ride hail magnate Uber continue to pile up. The plaintiffs are Ingrid Avendaño, who worked at Uber as a Software Engineer II from February 2014 to June 2017; Roxana del Toro Lopez, who had the same job title from May 2015 to August 2017; and Ana Medina, who was a Software Engineer I from March 2016 until the present.
  • Walgreens to shutter 600 Rite Aid stores in mega deal

    Walgreens to shutter 600 Rite Aid stores in mega deal

    Economy

    Walgreens attributed a 22-per cent drop in fiscal fourth quarter earnings, which fell to $802 million from $1.03 billion to termination fees and costs related to its pursuit of rival Rite Aid Corp. Flower added that the deal doesn't mean Rite Aid is going out of business, as the company will continue to operate more than 2,000 stores - many of them in the northeastern region of the U.S.
  • Einstein note on happy living sells for Sh161.8 million: auction house

    Economy

    In November 1922 Einstein was traveling from Europe to Japan for a speaking tour when he learned he'd been awarded his field's highest prize: the Nobel Prize in physics . The price for the happiness note started at $2,000. A bidding war for the letter lasted 25 minutes, and ended with an anonymous buyer purchasing it for $1,560,000, a price that includes an additional charge known as the buyer's premium.
  • Whiting Petroleum Corp. (WLL)

    Whiting Petroleum Corp. (WLL)

    Economy

    Cantor Fitzgerald reaffirmed a "hold" rating and set a $11.00 price objective on shares of Whiting Petroleum Corp.in a research report on Wednesday, July 6th. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. Qcm Cayman owns 53,879 shares.
  • Holly Energy Partners, LP (HEP) Short Interest Update

    Economy

    Tintri Inc (NASDAQ:TNTR) has 0.00% since October 25, 2016 and is. It has outperformed by 98.09% the S&P500. Solaris Asset Management Lc reported 1,050 shares stake. Groesbeck Inv Corp Nj invested 2.8% in Holly Energy Partners, L.P. (NYSE:HEP). The company reported $1.38 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.12) by $1.50.