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Finance

Bidding started at around $10.2 million and the auction lasted for 20 minutes before the winning offer came from a phone bidder. It has been described as "virtually unobtainable" and captured the imagination of bidders in Hong Kong. A spokesperson from Sothesby's said: "While seemingly small and unobtrusive". The dish is believed to have been made between 1086 and 1106 by Ru guanyao, one of the preferred kilns used during this period.
  • 'This Doesn't End': Mother Of Pulse Victim Heartbroken Over Las Vegas Shooting

    'This Doesn't End': Mother Of Pulse Victim Heartbroken Over Las Vegas Shooting

    Finance

    In a statement on Monday morning, Murphy said , "This must stop". So far, authorities don't know what prompted 64-year-old Paddock , a resident of Mesquite, Nev., to repeatedly fire into the concert crowd, Schiff said. A number of other lawmakers who won't do anything about this because the NRA has their balls in a money clip also sent their thoughts and their prayers today.
  • Zogenix, Inc. (NASDAQ:ZGNX) is Overbought According to the RSI

    Zogenix, Inc. (NASDAQ:ZGNX) is Overbought According to the RSI

    Finance

    Institutional owners hold 90.10% stake while Insiders ownership held at 9.27% in the company. The stock's 52-week range is $7.50 to $16.50, and its 3-month range is $ to $. In recent trading day Zogenix, Inc . Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents.
  • Yahoo confirms 3 billion accounts affected by data breach in 2013

    Finance

    Verizon pointed users to a frequently asked questions site set up in the wake of the hack, originally disclosed years after the hack in December 2016, for additional information. That came three months after it said info on at least 500 million accounts was stolen by "state-sponsored" hackers in 2014. Payment card data and bank account information, however, were not part of the leak, the new investigation confirmed.
  • Ford Chief Outlines Investment Shift Away From Passenger Cars

    Ford Chief Outlines Investment Shift Away From Passenger Cars

    Finance

    Ford says it will allocate capital to where it can win the future. The two new partners aim to speed up the development of self-driving machines - so both Ford and the transportation networking company Lyft are apparently kicking off their autonomous vehicle development projects into higher gear.
  • Laredo Petroleum Incorporated (NYSE:LPI) Shorted Shares Increased By 8.77%

    Laredo Petroleum Incorporated (NYSE:LPI) Shorted Shares Increased By 8.77%

    Finance

    It has a 25.41 P/E ratio. The Company operates through two segments: Exploration and production of oil and natural gas properties, and Midstream and marketing. During the same quarter previous year, the business earned $0.13 EPS. Investors sentiment increased to 1.13 in Q2 2017. Laredo and private equity firm Energy & Minerals Group said they would sell the unit, Medallion Gathering & Processing LLC, for $1.83 billion to infrastructure fund Global Infrastructure Partners.
  • Petrol, diesel prices slashed by Rs 2 per litre

    Petrol, diesel prices slashed by Rs 2 per litre

    Finance

    He confirmed the news by tweeting, "Govt of India has reduced Basic Excise Duty rate on Petrol & Diesel [both branded and unbranded] by Rs. 2 per litre w.e.f. "The cut in excise duty has modestly increased the likelihood of fiscal slippage this year", Aditi Nayar, an economist at ICRA, the India arm of credit rating agency Moody's, said.
  • Steady Stock: Endocyte Inc (ECYT)

    Steady Stock: Endocyte Inc (ECYT)

    Finance

    If the stock is up it will have a positively weighted alpha. Closely tracking fundamentals and technicals can help give some insight into stock price behavior. In the previous year there have been a total of 26 insider trades, including 16 open market buys and 10 sells. And the values below 20 that it is oversold indicate prices could very well bounce upwards.
  • Frontier Communications Corpora (NASDAQ:FTRPR) Sees Significantly Lower Trading Volume

    Finance

    Company shares are trading at $19.24 much lower than the 50 day moving average which is $23.29 and which is quite a bit below the 200 day moving average of $34.37. The company has an average rating of "Hold" and a consensus target price of $7.02. Millennium Management Limited Liability Com holds 0% in Frontier Communications Corp (NASDAQ: FTR ) or 1.77M shares.
  • LS Advisors Claims $752000 Stake in Seagate Technology

    LS Advisors Claims $752000 Stake in Seagate Technology

    Finance

    A number of research firms recently weighed in on STX . About 5.22M shares traded. Maxim Group maintained Seagate Technology PLC (NASDAQ: STX ) on Thursday, October 15 with "Buy" rating . The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. This represents a $2.52 dividend on an annualized basis and a yield of 7.37%.
  • Sarepta Therapeutics, Inc. (SRPT) Stock Rating Upgraded by Morgan Stanley

    Sarepta Therapeutics, Inc. (SRPT) Stock Rating Upgraded by Morgan Stanley

    Finance

    Stifel has 0% invested in Sarepta Therapeutics Inc (NASDAQ: SRPT ). These shares are worth $1,999,965 and were traded at $42.5 each. Sarepta Therapeutics Inc (NASDAQ: SRPT ) has risen 96.82% since September 29, 2016 and is uptrending. Bb&T Secs Ltd Liability holds 293,158 shares. Td Asset Mgmt has 9,500 shares for 0% of their portfolio. Moreover, Glenmede Trust Na has 0% invested in KLA-Tencor Corp (NASDAQ:KLAC) for 10,925 shares.
  • Ford US sales up 8.7% to 222248 units

    Ford US sales up 8.7% to 222248 units

    Finance

    General Motors Company (NYSE:GM) last released its quarterly earnings data on Friday, April 28th. The stock increased 0.46% or $0.05 on September 29, reaching $11. 76 funds opened positions while 292 raised stakes. John G Ullman And Assocs accumulated 259,438 shares. Intuit Inc ( INTU ) rose 32 cents to $142.06 after the business and financial software developer reaffirmed fiscal 2018 revenues forecast in the range of $5.64 billion to $5.74 billion, growth of 9% to 11% and operating ...
  • Thousands of pounds of ground turkey recalled in NC

    Thousands of pounds of ground turkey recalled in NC

    Finance

    Presage Foods, Inc., is recalling approximately 38,475 pounds of ground turkey that may be contaminated with extraneous materials, the U.S. Dept. of Agriculture's Food Safety and Inspection Service announced October 2, 2017. Prestige Foods, Inc, which packages the food under the Publix brand, says the ground turkey packages in question were produced between September 25 and 26.
  • Fiat Chrysler recalls 646394 SUVs for another brake fix

    Fiat Chrysler recalls 646394 SUVs for another brake fix

    Finance

    This recall affects 646,000 Durangos and Grand Cherokees sold in the US, plus 42,000 in Canada and another 21,000 sold in Mexico between model years 2011 and 2014. The shields were originally installed ith a 2014 recall involving the same vehicles, of which almost 95 percent have been serviced. Apparently, shields created to protect the booster may may have been incorrectly installed during a fix from a previous campaign in 2014.
  • Walmart buys same-day delivery company Parcel

    Walmart buys same-day delivery company Parcel

    Finance

    Walmart has acquired Parcel , a same-day and last-mile delivery company based in NY, the retail giant announced in a press release and blog post on Tuesday. "New York City is the top market for both Jet and Walmart.com, and because of the density of the area - along with the proximity of our fulfillment centers - it's the flawless place for high-impact innovation", Nate Faust, senior vice president for the retailer's e-commerce supply chain, said in a post on the company blog.
  • Walmart will test same-day delivery with purchase of Parcel

    Walmart will test same-day delivery with purchase of Parcel

    Finance

    The company's built a proprietary database of routes and information on every NYC building to which it's delivered, down to minute details (like, say, the most convenient entrances). The startup already boasts partnerships with several meal kit services and other e-commerce brands, and a Walmart spokesperson says those contracts will continue under its ownership.
  • Britvic plans Norwich site closure

    Britvic plans Norwich site closure

    Finance

    Subject to consultation, the site will close towards the end of 2019 with production moving to Britvic's plants in East London, Leeds and Rugby. Production at the Chelmsford factory ceased in 2014. In 2015 Britvic announced a three-year £240 million investment into its British manufacturing operations, a plan the firm says it is committed to despite the Norwich closure.
  • Warren Buffett holds on selling winning stocks in anticipation of tax cut

    Warren Buffett holds on selling winning stocks in anticipation of tax cut

    Finance

    Buffett will boost his stake to 80% at that point, leaving the Haslams with 20% of the business. Financial terms have not been disclosed. His bid to acquire Oncor Electric Delivery was bested by Sempra Energy in August, after activist investor Paul Singer bought up the target's debt to block Buffett and back the rival suitor.
  • Couple admit to stealing $1.2 million from Amazon with elaborate scam

    Couple admit to stealing $1.2 million from Amazon with elaborate scam

    Finance

    By claiming that the electronics they had ordered arrived damaged, the Muncie, Indiana couple was able to land products like GoPro action cameras, Samsung smartwatches, Xbox consoles, and Surface tablets made by Microsoft, through creating hundreds of different fake identities online to hide the crimes.
  • Banks Squeeze Record ATM Fees from Customers — FT

    Banks Squeeze Record ATM Fees from Customers — FT

    Finance

    That amount ties Washington D.C. "Over the course of a year that can add up to hundreds of dollars", explained Bankrate.com's Greg McBride. Customers can also be hit with two separate fees when using an out-of-network ATM. "That's one of the catalysts for the increase in ATM fees that we see year in and year out", explained McBride. Among the banks surveyed by Bankrate only 38 percent of the banks have total free checking with no minimum balance with the only drawback being you gain no ...