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Finance

The company is taking actions including closing the 11 stores to continue improvements in organizational efficiency and to allocate resources to support its growth strategy, the company said in a press release on Thursday. Penney Co Inc ( JCP.N ) and Sears Holdings ( SHLD.O ) each down 7 percent and Kohl's Corp ( KSS.N ) down 5 percent. "You never really want to see the loss of an anchor retailer like Macy's on your street", Robertson said.
  • United Parcel Service, Inc. (UPS) Stake Raised by FDx Advisors Inc

    Finance

    The stock increased 0.81% or $0.96 during the last trading session, reaching $120.11. Bush Odonnell accumulated 2,295 shares. During the same period last year, the business posted $1.44 earnings per share. Saratoga Rech & Mgmt invested in 0.11% or 3,228 shares. Weiss Multi owns 52,500 shares. SNS Financial Group LLC boosted its holdings in United Parcel Service by 0.5% during the second quarter.
  • The Walt Disney Company (DIS)- Stocks Gaining Momentum

    Finance

    McDonald's Corporation (NYSE:MCD) has risen 18.25% since January 2, 2017 and is uptrending. It has outperformed by 8.36% the S&P500. Shapiro Capital Management Llc increased its stake in Walt Disney Company ( DIS ) by 10.24% based on its latest 2017Q3 regulatory filing with the SEC.
  • EPS for Enterprise Products Partners LP (EPD) Expected At $0.35

    Finance

    North Amer Corporation has invested 0.75% of its portfolio in Enterprise Products Partners L.P. (NYSE: EPD ). It has underperformed by 16.88% the S&P500. The stock of First Bancorp (NYSE:FBP) has "Buy" rating given on Friday, October 6 by Piper Jaffray. Seaport Global downgraded the stock to "Neutral" rating in Friday, April 29 report.
  • Occidental Petroleum Target of Unusually Large Options Trading (NYSE:OXY)

    Finance

    Federated Investors Inc. PA now owns 7,569,462 shares of the oil and gas producer's stock worth $453,184,000 after purchasing an additional 1,152,152 shares during the last quarter. Jefferies Group raised their price objective on Occidental Petroleum from $62.00 to $66.00 and gave the company a "hold" rating in a research note on Friday, November 3rd.
  • Microsoft (MSFT) PT Set at $100.00 by Royal Bank of Canada

    Finance

    Lombard Odier Asset Management Switzerland Sa who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $39.42B market cap company. The stock of Microsoft Corporation (NASDAQ:MSFT) earned "Buy" rating by UBS on Monday, November 23. Finally, Sanford C. Bernstein set a $72.00 price target on Microsoft Corporation and gave the stock a "buy" rating in a research note on Friday, October 21st.
  • RCB Name Kirsten, Nehra in Coaching Staff For IPL 2018

    RCB Name Kirsten, Nehra in Coaching Staff For IPL 2018

    Finance

    The 50-year-old is now in Australia coaching the Big Bash side Hobart Hurricanes . After punching below their weight on a consistent basis in the first 10 editions, RCB are ringing in changes to their team management in a bid to lift the trophy for the first time.
  • Crude oil futures up 0.76 pc on global cues

    Crude oil futures up 0.76 pc on global cues

    Finance

    However, the strong close outs of the year herald what many experts say is the inevitable outcome of high prices: increased USA production in 2018, which will clash directly with the Organization of the Petroleum Exporting Countries' (OPEC) ongoing attempt via its extended output cutbacks to rebalance the market.
  • BP warns Donald Trump's tax reforms will cost it $1.5bn

    BP warns Donald Trump's tax reforms will cost it $1.5bn

    Finance

    In its regulatory filing today, the UK-based energy company said although the tax cut will positively impact it in the long term, it will require a revaluation of its deferred tax assets and liabilities in the USA, which will lead to a non-cash charge of "around" $1.5bn in the fourth quarter.
  • Allu Arjun's NPS First Impact Packs A Punch

    Allu Arjun's NPS First Impact Packs A Punch

    Finance

    Naa Peru Surya Naa is directed by Vakkantham Vamsi and produced by Sirisha Sridhar Lagadapati and Bunny Vas under the banner Ramalakshmi Cine Creations. Action King Arjun will be seen essaying a crucial role in the film. Naa Peru Surya Naa Illu India movie is going to release on next summer. "Kaani Prapanchaniki Surya Ante Anger" hints that Allu Arjun will be portraying the role of an angry young soldier, who will go to any length to punish the wrongdoers.
  • Innovative Stock:- NXP Semiconductors NV (NASDAQ:NXPI)

    Finance

    Nxp Semiconductors N V Com now has $39.70 billion valuation. (NASDAQ: NXPI ) traded up $0.11 on Monday, hitting $117.09. About 1.66 million shares traded or 26.15% up from the average. Among 29 analysts covering Goldman Sachs Group Inc. (NYSE:BRSS) to report earnings on March, 5. They expect $1.66 earnings per share, up 3.75% or $0.06 from last year's $1.6 per share.
  • SBI cuts base rate, gives New Year gift to customers

    SBI cuts base rate, gives New Year gift to customers

    Finance

    The first day of the new year was a mixed bag as State Bank of India (SBI) on Monday reduced its base rate but the government ended subscription to the popular 8 per cent Government Savings Bonds, 2003, with immediate effect. Even as all the new customers are offered marginal cost-based lending rate (MCLR), more than half of SBI customers and old home loans are still linked to the base rate and some corporate loans to PLR .
  • Apple apologizes for slowing down old iPhones, cuts price of replacement batteries

    Apple apologizes for slowing down old iPhones, cuts price of replacement batteries

    Finance

    Aging batteries meant phones could have trouble operating or might unexpectedly shut down, as was the case with some iPhone 6 and 6S devices past year, CNET reported. Last week, the technology giant confirmed it introduced a feature to its iOS operating system past year which manages performance on the iPhone 6, 6s and SE to help preserve battery life, which it says diminishes over time.
  • Serena Williams loses in comeback match after pregnancy

    Serena Williams loses in comeback match after pregnancy

    Finance

    Serena Williams was "excited to be back" after completing her first match since giving birth fourth months ago. Despite growing more comfortable as the match went on, the American would fall, 2-6, 6-3, 10-5. Only when I'm 100 per cent ready to play, I will be able to come back". Earlier, the 14th-ranked Anderson immediately broke Bautista Agut and never looked in danger of losing his own serve in the opener.
  • Airtel ₹799 prepaid plan revised: Here's what has changed

    Airtel ₹799 prepaid plan revised: Here's what has changed

    Finance

    A total increase of 14 GB of data. It is important that as with different packs, the "boundless" brings in the Airtel 799 pack are limited to 250 minutes for each day and 1,000 minutes for every week. However, for users who do not wish to pay Rs 799, Airtel does have other packs which offer around 2GB data per day. Jio's Rs 98 prepaid recharge planReliance Jio's Rs 98 prepaid recharge plan offers 2.1 GB of 4G data with a daily data cap of 0.15 GB along with unlimited voice calls (local + STD ...
  • PH manufacturing PMI expands in Dec

    PH manufacturing PMI expands in Dec

    Finance

    Any reading above 50 indicates expansion in the sector. According to IHS Markit, the report pointed to faster growth of output, total new work and export sales in December. Analysts have widely expected China will report slightly cooler economic growth in the fourth quarter after a forecast-beating 6.9 percent expansion in the first nine months of the year, supported by the construction boom and robust exports.
  • Major US airports suffer technical glitch as passport system down

    Major US airports suffer technical glitch as passport system down

    Finance

    The United States Customs and Border Protection system temporarily experienced an outage after a "technology disruption" Monday at major airports across the country, according to the federal agency. "At this time, there is no indication the service disruption was malicious in nature", it said. It gave no explanation for the disruption and said travellers were processed using alternative procedures.
  • Train fares set to rise in 2018

    Train fares set to rise in 2018

    Finance

    The union's figures used the example of a season ticket to London from Chelmsford in Essex, which had risen to £381 a month - 13% of average London salaries. He said people were being priced out of getting to work, with British rail fares among "the most expensive in Europe". Passenger watchdog Transport Focus compared the news to "a chill wind" blowing down platforms as many passengers' incomes are stagnating or falling.