Finance

Trb Advisors Lp sold 105,000 shares as the company's stock rose 12.78% with the market. The stock increased 0.23% or $0.405 during the last trading session, reaching $174.755. Since August 7, 2017, it had 0 insider purchases, and 11 sales for $90.94 million activity. In other news, insider Eduardo H. Cue sold 65,361 shares of the company's stock in a transaction on Thursday, November 30th.
  • Duke Realty Corporation (DRE) Analysts See $0.30 EPS

    Finance

    Investment House Llc increased Union Pac Corp (UNP) stake by 14.84% reported in 2017Q3 SEC filing. The institutional investor held 228,736 shares of the home furnishings company at the end of 2017Q3, valued at $5.37 million, down from 709,315 at the end of the previous reported quarter.
  • Brooklyn Assemblywoman Indicted on FEMA Fraud

    Brooklyn Assemblywoman Indicted on FEMA Fraud

    Finance

    Between August 2014 and July 2015, Harris, who was executive director of a not-for-profit organization in Brooklyn at the time, cheated the Council out of almost $23,000 in discretionary funding by falsely claiming the not-for-profit would use the money to rent a studio space, the court documents stated.
  • Kodak Launches Cryptocurrency, Stock Soars

    Kodak Launches Cryptocurrency, Stock Soars

    Finance

    Kodak's stock more than doubled in price early Tuesday following news that the photo company will launch a new blockchain-based rights-management service. "Kodak has always sought to democratize photography and make licensing fair to artists". There are no regulations over the creation and use of virtual currencies and the nature of the transactions make them hard to trace.
  • Discovery Communications moving from Silver Spring to NYC

    Finance

    The memo said that it's early to understand the timing and how departments will be impacted, but that the company wanted to provide more time for planning as well as transparency. Discovery was founded in Landover, Maryland, in 1985, and moved its global headquarters to Bethesda, Maryland in 1991 and then to its current headquarters building in Silver Spring in 2003.
  • JP Morgan's Dimon regrets calling bitcoin a 'fraud'

    JP Morgan's Dimon regrets calling bitcoin a 'fraud'

    Finance

    It was back in September when Dimon made the infamous comment at an investor conference in NY. Dimon and Lake, however, have commended blockchain - the technology used by bitcoin and other digital currencies - a view echoed by Citigroup Inc CFO John Gerspach and many others across the industry.
  • Jeff Bezos net worth tops $105 billion as Amazon stock surges

    Jeff Bezos net worth tops $105 billion as Amazon stock surges

    Finance

    Gates, 62, would have a net worth of more than US$150 billion if he'd held onto assets that he's given away, largely to the Bill & Melinda Gates Foundation. Bloomberg reports Gates has given away hundreds of millions of Microsoft shares over the years, as well as a couple billion in cash. He moved back ahead of Gates in November when he first crossed the $100 billion net worth mark, as Amazon stock performed very well during the holiday period.
  • Allegiant announces flights out of new airport

    Allegiant announces flights out of new airport

    Finance

    Flights from Pittsburgh also begin April 11 with one-way fares as low as $50. Fares for the flights from Cincinnati , Indianapolis and Pittsburgh will start as low as $48. The Charlotte County airport has seen hand-over-fist expansion in recent years and offers travelers more than 30 destinations. The three new nonstop destinations are strong and there are plenty of flights to go around.
  • Rafael Nadal to play at Kooyong ahead of Australian Open

    Rafael Nadal to play at Kooyong ahead of Australian Open

    Finance

    Open titles, has been struggling with a right knee problem and withdrew from the ATP tournament in Brisbane to give himself longer for recovery. He trained at Melbourne Park on Friday and Saturday before he was confirmed to feature at the event in Melbourne's inner-east.
  • IShares Russell 2000 Growth (IWO) Rises 0.04% for Jan 9

    IShares Russell 2000 Growth (IWO) Rises 0.04% for Jan 9

    Finance

    Traders may be following this reading to spot near-term positive momentum on shares. ROIC may also be an important metric for the value investor who is trying to determine the company's moat. The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.
  • NASA astronaut John Young dies at 87

    NASA astronaut John Young dies at 87

    Finance

    When America needed someone to prove the space shuttle could actually fly, it turned to Young and Bob Crippen . He was the first astronaut to fly six times in space on three different kinds of spacecraft. "This is the world's greatest flying machine, I'll tell you that", Young said as the orbiter came to a wheels stop under his control. He served as commander again for STS-9 in 1983 for his final spaceflight.
  • Tesco top in UK Christmas trading battle - Kantar Worldpanel

    Tesco top in UK Christmas trading battle - Kantar Worldpanel

    Finance

    Supermarket grocery sales rose by £1bn over the festive period as shoppers traded up to premium products. Overall online supermarket sales enjoyed their biggest ever Christmas, up 4.9 per cent year on year. Morrisons increased sales by 2.1 per cent, with strongest growth coming from ambient and frozen foods, though the grocer's market share fell by 0.2 percentage points to 10.7 per cent.
  • Pfizer Ends Some Researches on New Drugs

    Pfizer Ends Some Researches on New Drugs

    Finance

    Pfizer has said it will end research into diseases such as Alzheimer's and Parkinson's, shedding 300 jobs at R&D units in MA and CT. Pfizer is now part of the Dementia Discovery Fund , which was launched in 2015 to develop new Alzheimer's treatments.
  • Jet Airways fires pilots who fought on flight, left cockpit unattended

    Jet Airways fires pilots who fought on flight, left cockpit unattended

    Finance

    The spokesperson of the Airline said that "At Jet Airways , safety of guests, crew and assets is of paramount importance". He said Malhotra used crew members for smuggling forex. They are trying to find out details of the bullion dealers involved in this syndicate, he mentioned. A team from the directorate entered a flight about to leave for Hong Kong and checked the bags of the stewardess, Devshi Kulshreshtha at around 3 am on Monday morning at the Delhi airport, a.
  • VTech to settle charges it violated children's privacy: US FTC

    VTech to settle charges it violated children's privacy: US FTC

    Finance

    The FTC's complaint accused the company of collecting the personal information of hundreds of thousands of children through an app called Kid Connect that was used with some of VTech's electronic toys. Law enforcement in England arrested a 21-year-old Bracknell man in connection with the data breach in December 2015. VTech was unaware that its network had been penetrated and data taken until it was contacted by a journalist.
  • Airline staff discover dead newborn in plane's bathroom

    Airline staff discover dead newborn in plane's bathroom

    Finance

    Officers suspect the 37-year-old mum secretly gave birth during a flight from Abu Dhabi to the Indonesian capital on Saturday. The cause of the baby's death is still unknown, as is whether it was born alive. The captain of the plane was forced to the divert the flight to Bangkok. The flight was held for an hour before it left Jakarta and continued with its journey without the sick woman, who flew home on a later flight.
  • Morrisons enjoys an 'especially strong' Christmas

    Morrisons enjoys an 'especially strong' Christmas

    Finance

    Shares rose on the update, and were up 4.5% in early trading. The supermarket on Tuesday said that same store sales, excluding fuel, rose 2.8 per cent in the ten weeks to 7 January. Its outcome comprised retail growth of 2.1 percent and wholesale growth of 0.7 percent. Laith Khalaf at Hargreaves Lansdown said: "The supermarket says it has become more competitive, which in an environment of inflationary pressure means it has likely taken some hit on margins, or passed some pain further up ...
  • Man behind Old Monk, Kapil Mohan, dies at 88

    Man behind Old Monk, Kapil Mohan, dies at 88

    Finance

    Launched in 1954, Old Monk was the largest selling dark rum in the world for a long time. It was, for many years, the biggest Indian Made Foreign Liquor brand as well. "The best way of my advertising is the product: When it comes to you and you taste it, you look at the difference and ask what is it". Mohan is survived by his wife Pushpa Mohan and nephews Hemant and Vinay, between whom he had distributed the responsibilities of his various companies, as he was unwell for the last few ...
  • Companies disagree over Meltdown patch performance impact

    Companies disagree over Meltdown patch performance impact

    Finance

    Google's Project Zero and several academic institutions discovered the problem previous year and have publicly disclosed it this week. In a statement on its website , Apple said all Mac and iOS devices were affected by both Meltdown and Spectre .