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Economy

Same-store rose 5.7%. Hurricane-related sales in the quarter were approximately $200 million. Niblock said comp sales growth of 5.7 per cent, which beat estimates of 4.6 per cent, was also helped by Lowe's move to focus on professional contractors, a clientele with deeper pockets.
  • Australia rips off backpackers

    Economy

    Australian employers are blatantly ripping off backpackers and worldwide students, a damning new report has found, and are sometimes engaging in criminal behaviour. The study issued Tuesday said most of the workers employed as fruit pickers to dish washers earned well below Australia's minimum wage , with people on working-holiday or student visas accounting for 11 percent of the nation's jobs, mostly in restaurants and takeaways, meatpacking, cleaning and child care.
  • Keystone XL Pipeline Gains Approval After A 9-Year Battle

    Keystone XL Pipeline Gains Approval After A 9-Year Battle

    Economy

    The market will trump politics on the future of TransCanada's Keystone XL pipeline . "Our thoughts go out to all United States citizens who could be exposed to these risks in the future", added Ms May. The Keystone XL, proposed in 2008, ignited a firestorm of opposition in part because the first planned route crossed the fragile and groundwater-rich Sand Hills region of Nebraska.
  • This Chinese Giant Is Now Worth More Than Facebook

    This Chinese Giant Is Now Worth More Than Facebook

    Economy

    Still, Tencent is not well-known outside of China, but owns the country's most popular messaging service, WeChat, which has close to 1 billion users. But while Tencent trumps Facebook in terms of market value, it still falls short on one big yardstick.
  • FCC set to scrap net neutrality

    FCC set to scrap net neutrality

    Economy

    Jessica Rosenworcel, a Democratic FCC commissioner, said the bot-driven filings were cause for a series of public hearings on the matter before any net neutrality vote. "The more heavily you regulate something, the less of it you're likely to get". Supporters of net neutrality say big companies can't be trusted to run the internet fairly for all.
  • Tether Claims $30 Million in US Dollar Token Stolen By Attacker

    Tether Claims $30 Million in US Dollar Token Stolen By Attacker

    Economy

    Tether, which did not explain how the hack was performed, claims that because its tokens are tied to real-world currency, they avoid the volatility seen in other cryptocurrency markets. Emin Gun Sirer, a professor in Cornell University, wrote: "Tether quietly did a hard fork to blacklist a specific address and freeze funds". It added that a software update should "prevent any movement of the stolen coins from the attacker's address" but only if other investors installed it " immediately ".
  • Palo Alto reports 1Q loss

    Palo Alto reports 1Q loss

    Economy

    Silgan Holdings Inc. (NASDAQ:SLGN) has risen 26.81% since November 19, 2016 and is uptrending. It has outperformed by 0.38% the S&P500. ( PANW ) stake by 7.94% reported in 2017Q2 SEC filing. Insiders sold 284,744 shares of company stock valued at $42,239,296 in the last quarter. The company provided earnings per share (EPS) guidance of $3.35-3.41 for the period, compared to the Thomson Reuters consensus estimate of $3.30.
  • Johnson & Johnson (NYSE:JNJ) Shares Sold by United Bank

    Economy

    About 123 shares traded. (DG) has declined 12.26% since November 20, 2016 and is downtrending. It has underperformed by 8.11% the S&P500. Investors sentiment decreased to 0.83 in 2017 Q2. The company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.80 by $0.10. Johnson & Johnson earned a daily sentiment score of 0.15 on Accern's scale.
  • Where to enjoy a community meal this Thanksgiving

    Where to enjoy a community meal this Thanksgiving

    Economy

    Homebound? No transportation? Disabled? Meals will also be served at the Woodland Park Church of the Nazarene, Manitou Town Hall and Fountain Valley Senior Center. Heiple said families without the means to purchase their own Thanksgiving meal with their family, but Food & Shelter is still trying to collect those items.
  • The Value of The Walt Disney Company (DIS) Underpriced by 5.5%?

    Economy

    Bodycote PLC (LON:BOY) has 0.00% since November 20, 2016 and is. It has underperformed by 21.71% the S&P500. Van Den Berg Management I Inc increased Discovery Communicatns New (DISCK) stake by 6.98% reported in 2017Q2 SEC filing. Rothschild Asset Management holds 2,194 shares or 0.01% of its portfolio. Factory Mutual Ins holds 1.45% or 1.18M shares in its portfolio. James Inv reported 330 shares.
  • Marvell Technology Group (NASDAQ:MRVL) Given Daily Coverage Optimism Rating of 0.17

    Marvell Technology Group (NASDAQ:MRVL) Given Daily Coverage Optimism Rating of 0.17

    Economy

    The SI to Exelixis Incorporated's float is 7.08%. ( MRVL ) traded up $0.03 during trading hours on Monday, reaching $20.29. About 137,437 shares traded. The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) has "Sell" rating given on Friday, September 2 by Citigroup. The firm has "Sector Perform" rating by RBC Capital Markets given on Tuesday, October 27.
  • Valeant Pharmaceuticals International, Inc. (NYSE: VRX) - Eye-Catching Shares

    Valeant Pharmaceuticals International, Inc. (NYSE: VRX) - Eye-Catching Shares

    Economy

    Vetr downgraded shares of Valeant Pharmaceuticals International from a strong-buy rating to a hold rating and set a $14.26 price objective for the company.in a research report on Friday, October 13th. As of today, the company has a SMA200 (200-day simple moving average) of 9.26 Percent. RBC Capital Markets maintained it with "Hold" rating and $11600 target in Thursday, July 6 report.
  • Yellen to resign from Fed's Board of Governors

    Yellen to resign from Fed's Board of Governors

    Economy

    Mr. Trump tapped Powell, 64, a Fed board governor and former lawyer and investment banker, in November. "As I prepare to leave the Board, I am gratified that the financial system is much stronger than a decade ago, better able to withstand future bouts of instability and continue supporting the economic aspirations of American families and businesses", Yellen, the first woman to lead the US central bank, wrote Monday in her letter of resignation to Trump.
  • Nebraska Officials To Announce Decision On Keystone XL Pipeline

    Nebraska Officials To Announce Decision On Keystone XL Pipeline

    Economy

    The panel ruled the new pipeline should be nearer to TransCanada's (TSX:TRP) existing pipeline in Nebraska to maximize monitoring and to reduce the impact on habitat for endangered species. Among other concerns, opponents of the 1,897-kilometre Keystone XL project say the pipeline would pass through the Sandhills, an ecologically fragile region in Nebraska of grass-covered sand dunes, and would cross the land of farmers and ranchers who don't want it.
  • Bank of Nova Scotia (BNS) Analysts See $1.68 EPS

    Bank of Nova Scotia (BNS) Analysts See $1.68 EPS

    Economy

    In the last quarter, insiders have sold 10,364 shares of company stock valued at $807,789. Bank of Nova Scotia ( BNS ) opened at $66.23 on Wednesday. Abbvie Inc had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Among 21 analysts covering Abbvie Inc ( NYSE:ABBV ), 11 have Buy rating, 1 Sell and 9 Hold.