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Finance

This track is nearly a vacuum, with most of the air sucked out. The winning team was called WARR Hyperloop, and was one of three finalists that took part in the competition yesterday. Well, SpaceX has been hosting another Hyperloop pod trial, and the winners of the event hit an impressive 324 kilometers-per-hour (or 201 mph) with their invention.
  • Gilead Sciences, Kite Pharma, Amazon.com and more - PRE-MARKET

    Gilead Sciences, Kite Pharma, Amazon.com and more - PRE-MARKET

    Finance

    Meanwhile, in company news, in pre-market Gilead Sciences Inc ( NASDAQ: GILD ) shares were nudging higher as it announced plans to buy Kite Pharma Inc (NASDAQ: KITE) for around a whopping $11.9 billion in cash. The company has market cap of $10.49 billion. It has a 18.86 P/E ratio. The Company's products for HIV/AIDS patients include Descovy, Odefsey, Genvoya, Stribild, Complera/Eviplera, Truvada, Emtriva, Tybost and Vitekta.
  • Investors Set Sail on Valuation For Callon Petroleum Company (NYSE:CPE)

    Finance

    The stock ended last trade at $104.45 a share and the price is up more than 36.55% so far this year. For this year, Callon Petroleum Company (NYSE: CPE ) is performing -32.27%. Gosling Matthew M had sold 59,212 shares worth $673,300 on Thursday, May 11. Depomed Inc (NASDAQ:DEPO) has declined 46.86% since August 26, 2016 and is downtrending.
  • Oil steady after U.S. crude stockpiles drop

    Oil steady after U.S. crude stockpiles drop

    Finance

    Part of the reason for the crude glut has been a 13 percent jump in USA output since mid-2016 to 9.53 million bpd, close to the record 9.61 million bpd hit in June 2015. NOAA's GOES East satellite capture of Hurricane Harvey shows the storm making landfall on the mid-Texas coast. "For the next few days, the U.S.
  • GAM Holding AG Buys 13605 Shares of NVIDIA Corporation (NVDA)

    Finance

    The last close places the company's stock about $2.91 off its 52 week high of $15.2 and $4.11 above the 52 week low of $8.18. On Friday, February 12 the stock rating was maintained by Wedbush with "Outperform". Since March 5, 2017, it had 2 insider buys, and 1 insider sale for $506,645 activity. Bleyl Carl S sold 3,693 shares worth $92,325. Its up 7.42% from 158.24 million shares previously.
  • Whole Foods prices are about to fall

    Whole Foods prices are about to fall

    Finance

    Along with significant price cuts, customers may be startled to see a certain non-grocery item the next time they walk into Whole Foods: the Amazon Echo. Additionally, the Amazon and Whole Foods acquisition will eventually lead to the integration of Amazon Prime into the Whole Foods Market point-of-sale system, the company announced .
  • Amazon Prime members can expect these perks at Whole Foods

    Finance

    Amazon Lockers will be available in select Whole Foods Market stores. With Whole Foods now offering various private label offerings on Amazon.com, AmazonFresh and Prime Pantry , the brands will have a much greater scale and potentially reach a much broader set of consumers.
  • What Are Analysts Suggestions On Plains All American Pipeline, LP (PAA)

    What Are Analysts Suggestions On Plains All American Pipeline, LP (PAA)

    Finance

    On August 21 the company was set at "Buy" in a report from Jefferies a boost from the previous "Buy" rating. As per Tuesday, January 31, the company rating was upgraded by Robert W. and American Home Title and Escrow Company. 46,301 were reported by Tudor Inv Corporation Et Al. Daiwa Sb Invs Ltd holds 157,660 shares or 2.44% of its portfolio.
  • Harmony Gold continues search and rescue efforts at Kusasalethu mine

    Harmony Gold continues search and rescue efforts at Kusasalethu mine

    Finance

    Sadly, two employees who had succumbed to their injuries, were found and brought to surface in the past 48 hours. "As we head towards the last quarter of the year‚ we are asking that employers and the workforce remain alert and continue to prioritise safety‚ and as the Regulator we will be increasing inspections‚" Zwane said in a statement.
  • Dollar tilts lower as markets get set for Yellen speech

    Finance

    Along with academic economists, Gary Cohn, the former Goldman Sachs president who is now Trump's chief economic advisor, is considered a top contender for the job . This helped pressure U.S. Treasury yields and the U.S. Dollar, making dollar-denominated gold a more attractive investment. The market-implied probability that the Fed raises rates by year-end is about 30 percent, based on the current effective fed funds rate and the forward overnight index swap rate.
  • Coca Cola Femsa SAB de CV

    Finance

    The stock increased 0.64% or $0.2 during the last trading session, reaching $31.44. About 28,988 shares traded. The Coca-Cola Co (NYSE:KO) has declined 0.95% since August 26, 2016 and is downtrending. $544,640 worth of Cisco Systems, Inc. (NASDAQ:CPRT) was sold by ADAIR A JAYSON . Zapolsky David also sold $478,028 worth of Amazon.com, Inc. (NASDAQ:CPRT) on Friday, March 10.
  • Eric Reid explains why he has resumed his national anthem protest

    Eric Reid explains why he has resumed his national anthem protest

    Finance

    I think it's becoming more and more apparent. Neither Reid nor any of his other 49ers teammates knelt during the team's first two preseason games. "Our plan is to continue to do that". After a hard hit on Vikings wide receiver Adam Thielen during the game, Reid kissed his flexed biceps muscle like Kaepernick used to do. Kaepernick and Reid remain close .
  • Bethesda May Be Working on a Game of Thrones Game

    Finance

    Bethesda has not made any announcement regarding a Game of Thrones game, nor have they responded to the rumors that have ensued after the Target page was found. While fans of the Elder Scrolls series have been clamouring for a new game, Bethesda has previously confirmed that it has a couple of other big mystery projects to finish up first.
  • Tropical Storm Harvey could impact gas prices in the city

    Finance

    Wholesale gasoline futures rose Thursday 5 cents, or 3 percent, and experts say that will quickly show up on service-station signs. "This storm came out of left field and while we were all watching the eclipse, Harvey was gaining steam and pushing forward", Patrick DeHaan, senior petroleum analyst at GasBuddy, said in a statement.
  • Ticket resale website Viagogo a no-go-go for Com Games

    Ticket resale website Viagogo a no-go-go for Com Games

    Finance

    It's become one of the most complained about companies in Australia and authorities appear powerless to do anything about it. For example, the ACCC says Viagogo was advertising tickets to The Book Of Mormon for $135 which then blew out after $42.50 of fees were added.
  • Denmark's Axelsen sinks Lin for title, Japan's Okuhara wins

    Denmark's Axelsen sinks Lin for title, Japan's Okuhara wins

    Finance

    Axelsen, who won the bronze in the 2014 worlds and 2016 Rio Olympics, was quoted as saying by Xinhua news agency: "I am still a little out of words, I never expected to win that comfortably, I am very happy". 10 Chen Yufei, who saw off former world champion Ratchanok Intanon of Thailand. "I made very few mistakes today", he said. "My coach and I always look back at past championships to get better and improve on my game".
  • RBI to introduce brand new Rs 1000 note

    RBI to introduce brand new Rs 1000 note

    Finance

    The new note will reportedly have updated security features and can be expected by December 2017. The RBI is yet to make a comment regarding the number of Rs 500 notes returned to the banking system. The central bank said in consideration of various factors like ease of transaction for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting.
  • Stocks eke out gains after Jackson Hole speeches

    Finance

    European Central Bank President Mario Draghi , speaking at the Federal Reserve's annual retreat in Jackson Hole, Wyoming , said it was a particularly risky time to loosen regulation given that central banks are still supporting their economies with accommodative monetary policies .
  • Uber's key CEO candidate backs out at the last minute

    Uber's key CEO candidate backs out at the last minute

    Finance

    He will replace ousted CEO Travis Kalanick and faces the hard task of changing Uber's culture that has included sexual harassment and allegations of deceit and corporate espionage. For Uber's second quarter, the company saw a 17 percent increase in gross bookings revenue from the first quarter to $8.7 billion. Should Benchmark prevails in its suit, it could curtail Kalanick's involvement with the company and remove him from the board altogether.