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Finance

Larsen himself reportedly owns 5.19 billion XRP and has a 17 percent stake in Ripple , which in turn owns 61.3 percent of all XRP. Born in San Francisco in 1960, Larsen went to college at San Francisco State University and earned an M.B.A at Stanford Graduate School of Business in 1991 .
  • United Airlines Flight from Chicago Diverted to Alaska Over 'Disruptive Passenger'

    United Airlines Flight from Chicago Diverted to Alaska Over 'Disruptive Passenger'

    Finance

    The passenger was met by Federal Bureau of Investigation agents and Airport Police at the plane and was interviewed by both entities. The flight landed in Anchorage about 6:30 p.m. Holler, and was being taken to Providence Hospital for a mental health evaluation. No charges have been filed. There were no indications that the incident was related to terrorism, said to Federal Bureau of Investigation spokeswoman Staci Feger-Pellessier, the Chicago Tribune reported .
  • Gas prices primed to rise in 2018, highest in four years

    Gas prices primed to rise in 2018, highest in four years

    Finance

    At $2.11, Hammond, Louisiana, had the lowest average gasoline prices in the nation Thursday, though some stations in the South and Southwest even had prices below $2 per gallon. Crude prices have come up more than $15 since last summer. The forecast does not expect any record-breaking prices to be set this year, and most of the country will see prices peak under $3 per gallon, but unexpected disruptions could push the national average close to $3, the report added.
  • Market Scope: SuperTrend Below Price for Alibaba Group Holding Ltd (BABA)

    Finance

    Reilly Financial Advisors Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $484.58 billion market cap company. They expect $1.56 earnings per share , 0.00% or $0.00 from last year's $1.56 per share. Since January 1, 0001, it had 0 insider buys, and 2 sales for $264,497 activity.
  • Hammergren Sells 65000 Shares of McKesson Co. (MCK) Stock

    Finance

    The institutional investor held 113,400 shares of the public utilities company at the end of 2017Q3, valued at $8.91 million, down from 511,800 at the end of the previous reported quarter. Brown Advisory stated it has 0% of its portfolio in McKesson Corporation (NYSE:MCK). Therefore 42% are positive. Waste Management Inc. had 40 analyst reports since July 28, 2015 according to SRatingsIntel.
  • Evercore ISI Initiates Coverage on Danaher (DHR)

    Finance

    Polaris Industries Inc. (NYSE:PII) has risen 5.51% since January 4, 2017 and is uptrending. It has underperformed by 27.93% the S&P500. Suntrust Banks Inc decreased Danaher Corp Del ( DHR ) stake by 30.85% reported in 2017Q3 SEC filing. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.43 and a quick ratio of 1.00. It fall, as 58 investors sold DHR shares while 367 reduced holdings.
  • Stay safe and don't eat romaine, says PEI chief public health officer

    Finance

    According to Consumer Reports , this strain of E. coli has a toxin that could lead to serious illness, kidney failure and even death in some cases. coli because it can't be seen, smelled or tasted. Because there still appears to be a risk of infection, the Public Health Agency of Canada says consumers in affected provinces should consider eating other types of lettuce until they have more information, such as where the lettuce came from and where it was sold.
  • IT Producer Walter Hamada To Take Over DC Film Production

    IT Producer Walter Hamada To Take Over DC Film Production

    Finance

    Justice League brought superstar potentials around Jason Momoa and Ezra Miller, thanks to their respective fantastic performances as Aquaman and the Flash . Through four movies, The Conjuring franchise (including Annabelle ) has reaped $1.2 billion worldwide off combined production costs that are under $82M.
  • (RAD) Expected to Post Earnings of -$0.02 Per Share

    (RAD) Expected to Post Earnings of -$0.02 Per Share

    Finance

    Zacks' EPS averages are an average based on a survey of analysts that that provide coverage for Rite Aid. The company reported ($0.01) EPS for the quarter, hitting analysts' consensus estimates of ($0.01). BlackRock Japan Co. Ltd now owns 1,368,290 shares of the company's stock valued at $10,522,000 after buying an additional 13,476 shares during the last quarter.
  • Hot Tickers: MGM Resorts International (MGM), PulteGroup, Inc. (PHM)

    Finance

    The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.09. Canyon Capital Advisors Llc who had been investing in Mgm Resorts International for a number of months, seems to be bullish on the $18.87 billion market cap company.
  • Netflix Joins Internet Association's Efforts to Preserve Net Neutrality

    Netflix Joins Internet Association's Efforts to Preserve Net Neutrality

    Finance

    Attorneys general from across the country plan to file a legal challenge to the FCC's decision, and individual companies, like Etsy, have discussed plans to sue to block the FCC's Restoring Internet Freedom order. Internet Association president Michael Beckerman said the FCC action voted December 14 "defies the will of a bipartisan majority of Americans and fails to preserve a free and open internet".
  • Coinbase Deflects Rumors of Ripple Integration

    Finance

    These individuals - and all employees at Coinbase - are subject to confidentiality and trading restrictions. Recent rumors suggested that Coinbase was considering adding the cryptocurrency to the platform, which would give users the chance to buy and sell the asset.
  • Constellation Brands Sinks Despite Solid Q3 Results

    Constellation Brands Sinks Despite Solid Q3 Results

    Finance

    The company has market cap of $43.19 billion. The stock decreased 5.80% or $0.4 during the last trading session, reaching $6.5. Overall, 10.1 Million shares exchanged hands versus its average volume of $8.01 Million. 253 are owned by Smithfield. Its shares, up around 50 per cent past year, were down 1.9 per cent at US$221.5 in afternoon trading. The company has outperformed the Zacks Consensus Estimate by an average of 13.6% in the trailing four quarters.
  • And it has more than 23 MILLION digits

    And it has more than 23 MILLION digits

    Finance

    The larger the prime number, the more challenging it is to find, especially given that there is no particular pattern to their distribution. These are George Woltman, who founded GIMPS and developed the Prime95 software Pace used to calculate the number, and Scott Kurowski and Aaron Blosser, who worked on PrimeNet, the system GIMPS uses to coordinate the computers of their volunteers.
  • PEI adds 900 jobs in December

    PEI adds 900 jobs in December

    Finance

    The report showed that after revisions, job gains have averaged 204,000 over the last three months adding to evidence that the economy is close to full employment. Again, though, the size of the labor force pursuing those jobs also decreased, and that led to relatively attractive unemployment rates of 3.5% for the office and admin group.
  • Volkswagen Group and Hyundai partner with Aurora

    Volkswagen Group and Hyundai partner with Aurora

    Finance

    The partnership has yet to say how its first batch of self-driving vehicles will be used, but analysts expect they likely be for commercial use, such as self-driving taxis or ride-hailing services, rather than for sales to individual consumers.
  • Engine Failure Forces San Jose-Dallas Jet To Cancel Take-Off

    Engine Failure Forces San Jose-Dallas Jet To Cancel Take-Off

    Finance

    However, it was diverted and landed at the smaller Stewart International Airport , about 130km north of JFK Airport, at 12.25pm instead. Several flights heading to NY were diverted to Dulles International Airport after John F. In the clip, you see the moment the Singapore Airlines-operated passenger jumbo jet's 262ft wings battle against the unforgiving wind and snow. The Port Authority of NY and New Jersey says the flights will resume at 7 a.m.
  • Dominion Energy to acquire Scana for $14.6bn

    Dominion Energy to acquire Scana for $14.6bn

    Finance

    SCE&G and Santee Cooper, the state's utility, walked away from the project previous year after spending $9 billion, outraging customers, regulators and lawmakers. That would have the effect of shortening to 20 years the time customers would have to pay for the project. Via a series of rate hikes, SCE&G customers have paid about $2 billion toward the company's debt on the project.