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Finance

New legislation being pushed by two Senate Democrats would give the Federal Trade Commission the power to fine credit reporting agencies that fail to protect consumer information from data breaches. "In today's information economy, data is an enormous asset", Warner said Wednesday . In November, Sen. Bill Nelson (D-Fla.) sponsored the Data Security and Breach Notification Act , which would require companies to report data breaches within 30 days.
  • Reviewing the Insider Trends for Teva Pharmaceutical Industries Limited (TEVA)

    Finance

    Accipiter Capital Management Llc who had been investing in Teva Pharm Adr for a number of months, seems to be bullish on the $19.72 billion market cap company. TMUS's profit will be $274.55 million for 49.32 P/E if the $0.33 EPS becomes a reality. Mizuho reissued a "neutral" rating and issued a $16.00 target price (down previously from $30.00) on shares of Teva Pharmaceutical Industries in a report on Tuesday, August 22nd.
  • Spread betting firms hit by 'damaging' FCA warning

    Spread betting firms hit by 'damaging' FCA warning

    Finance

    City brokers providing contracts for difference (CFDs) to retail investors are causing "serious concern" at the United Kingdom financial regulator, which wrote to 19 providers with a warning about their conduct. Megan Butler, director of supervision at the regulator, said: "The provision and distribution of CFD products and delivering good customer outcomes in this sector will remain areas of focus for us".
  • Uttarakhand businessman enters BJP office after consuming poison, blames GST and demonetisation

    Uttarakhand businessman enters BJP office after consuming poison, blames GST and demonetisation

    Finance

    The minister said Prakash Pandey, a resident of Nai Colony in Kathgodam, stated that he was a transporter and had incurred losses in his business due to the notes ban in 2016. Chief medical officer of Dehradun , Y S Thapliyal, said that prima facie it appeared that Pandey had ingested poison which led to organ failure. Blaming the government for the death of Pandey, his cousin Umesh Niklani said, "My brother did not take his life, it was the system that murdered him.
  • Linscomb & Williams Inc. Decreases Stake in Kinder Morgan, Inc. (KMI)

    Finance

    Kinder Morgan, Inc . (NYSE: KMI ) has a market cap of $42.43 billion and over the last 12 months, KMI has declined by -12.48%. Closing price generally refers to the last price at which a stock trades during a regular trading session. Old Mutual Customised Solutions (Proprietary) Ltd reported 0.22% stake. Weiss Multi holds 0.27% or 375,000 shares. Adams Asset Advsr Llc holds 0.49% of its portfolio in Kinder Morgan , Inc.
  • De Blasio sues major oil companies over climate change

    De Blasio sues major oil companies over climate change

    Finance

    NY became the largest American city to sue Big Oil, demanding that ExxonMobil, Chevron, BP, Royal Dutch Shell and ConocoPhillips pay for the cost of protecting the city from the "existential threat" of climate change. The city is already executing resiliency program estimated at more than $20 billion to protect New Yorkers and build resilience against rising seas, more powerful storms and hotter temperatures.
  • Starbucks to institute a paper cup 'tax' in the UK

    Starbucks to institute a paper cup 'tax' in the UK

    Finance

    Starting next month, 25 Starbucks outposts in central London will charge 5 pence (British pennies) for their to-go cups. MPs want a 25p latte levy - and a total ban on disposable cups by 2023 if they aren't all getting recycled. "All the money raised by the cup charge will be donated to environmental charity and behavior change experts, Hubbub, who will use the funds to run a comprehensive behavior change study, helping us to understand how the public can be encouraged to choose reusable ...
  • Ford's Living Cities dream needs financial reality

    Ford's Living Cities dream needs financial reality

    Finance

    The idea is that Ford will eventually launch and operate its fleet of autonomous vehicles, and that partners including those listed above will be able to essentially plug into the fleet and use it as they would their current delivery drivers and vehicles, with communications protocols and intelligent dispatch built into Ford's vehicle management system.
  • $0.55 EPS Expected for Nucor Corporation (NUE)

    Finance

    The stock decreased 0.79% or $0.03 during the last trading session, reaching $3.77. About 36.52M shares traded or 113.69% up from the average. AK Steel Holding Corporation (NYSE: AKS ) has risen 58.12% since January 10, 2017 and is uptrending.
  • Patterson-UTI Energy, Inc

    Finance

    The NASDAQ-listed company saw a recent bid of $24.30 on volume of 2.44 million shares. Patterson-UTI Energy (NASDAQ:PTEN) last posted its quarterly earnings data on Thursday, October 26th. Stephens has "Underweight" rating and $10 target. The firm has "Mkt Perform" rating by Raymond James given on Tuesday, January 17. The last close places the company's stock about $5.46 off its 52 week high of $29.76 and $9.47 above the 52 week low of $14.83.
  • Virgin Trains accused of 'censorship' for no longer selling Daily Mail newspapers

    Virgin Trains accused of 'censorship' for no longer selling Daily Mail newspapers

    Finance

    A spokesman for Prime Minister Theresa May said that the decision to stock the Daily Mail was a matter for Virgin Trains but that press freedom was important. Virgin told staff in an internal memo seen by PR week that it was to shop stocking the right-wing paper on the basis that its employees had raised concerns about the Mail's editorial position on issues like immigration and LGBT rights.
  • Carphone Warehouse slapped with £400k fine

    Carphone Warehouse slapped with £400k fine

    Finance

    The records for some Carphone Warehouse employees, including name, phone numbers, postcode, and vehicle registration details were also accessed. The ICO noted that there was no evidence of any individual data having been used by third parties.
  • Analysts See $-0.13 EPS for Anadarko Petroleum Corporation (APC)

    Finance

    Calgon Carbon Corporation (NYSE:CCC) has a market cap of $1.08 billion and over the last 12 months, CCC has risen by 29.31%. (DNP) has risen 9.00% since January 9, 2017 and is uptrending. BMO Capital Markets maintained Anadarko Petroleum Corporation (NYSE:APC) rating on Tuesday, October 10. The rating was upgraded by Evercore on Monday, March 7 to "Buy".
  • President Trump ties DACA deal to border wall funding

    President Trump ties DACA deal to border wall funding

    Finance

    For those who supported President Trump's pledge to crack down on illegal border crossings, 2017 was a very good year. After a sharp drop in the number of undocumented immigrants attempting to cross the border at the beginning of the Trump administration, the President and his administration frequently cited the low numbers as evidence that Trump's immigration policy works.
  • Comcast Corporation (CMCSA) Holdings Increased by Locust Wood Capital Advisers LLC

    Finance

    Fj Capital Management Llc who had been investing in Old Second Bancorp Inc Ill for a number of months, seems to be less bullish one the $438.48 million market cap company. Cowen & Co maintained Apple Inc. As per Monday, January 9, the company rating was downgraded by JP Morgan. The stock of NVR, Inc. The rating was downgraded by Citigroup on Wednesday, July 26 to "Sell".
  • BMO Capital Markets Reiterates "Buy" Rating for FedEx (FDX)

    Finance

    The company had a trading volume of 1,947,284 shares, compared to its average volume of 1,890,000. Also, COO David J. Bronczek sold 46,555 shares of FedEx stock in a transaction dated Tuesday, January 2nd. Several large investors have recently bought and sold shares of the stock. Capital World Investors now owns 3,614,899 shares of the shipping service provider's stock worth $785,626,000 after acquiring an additional 501,617 shares during the period.
  • Ikea Asks You to Pee on Its New Ad

    Ikea Asks You to Pee on Its New Ad

    Finance

    The advertisement, which was made by Swedish ad agency Åkestam Holst and featured in Adweek , is now running in Swedish women's magazine Amelia . DIY furniture giant Ikea has unveiled a insane new advertising campaign that asks customers to urinate on its print ads and then bring them in-store for a discount.
  • Infineon partners with Baidu on Apollo program

    Infineon partners with Baidu on Apollo program

    Finance

    As the self-driving race continues to intensify, with trillions of dollars at stake, Chinese search engine and tech giant Baidu - the "Chinese Google" for want of a better term - has developed an Android-like autonomous vehicle software system, Apollo 2.0.
  • Deutsche Bank Reiterates "Buy" Rating for XPO Logistics (NYSE:XPO)

    Finance

    Moreover, Hightower Limited Liability Co has 0% invested in XPO Logistics , Inc. The stock increased 0.17% or $0.16 during the last trading session, reaching $92.34. The legal version of this report can be viewed at https://stocknewstimes.com/2018/01/08/xpo-logistics-xpo-upgraded-by-zacks-investment-research-to-buy.html.