• Mercedes leads $250m funding for ride sharing startup Via

    Mercedes leads $250m funding for ride sharing startup Via

    Finance

    To this end, the van division of Daimler AG is setting up a joint venture with the USA startup company Via. The funding round was led by German vehicle making giant #Daimler and Via has called it a "strategic partnership". "Via is one of the most successful providers in the growing ride-sharing sector while Mercedes-Benz Vans has the flawless vehicles". The deal between Daimler's Mercedes-Benz Van division and Via is meant to launch Via's technology in Europe and to license Via's ...
  • Gap Inc Is Closing 200 Stores but Opening 270 New Ones

    Gap Inc Is Closing 200 Stores but Opening 270 New Ones

    Finance

    Gap Inc., plans to close about 200 Banana Republic and Gap stores over the next three years, while opening new Old Navy and Athleta locations, shifting its footprint to budget and athletic brands as shoppers search for bargains. Last month, Sears Holdings added another 28 Kmart locations to its list of 330 Sears and Kmart stores that it has already shuttered or plans to close by the end of this year.
  • Wells Fargo & Company (WFC) Shares Sold by Adams Diversified Equity Fund Inc

    Wells Fargo & Company (WFC) Shares Sold by Adams Diversified Equity Fund Inc

    Finance

    The stock declined 0.06% or $0.03 reaching $50.07 per share. 7,273,300 shares of the company's stock traded hands. It has outperformed by 45.87% the S&P500. On Wednesday, June 21 the stock rating was maintained by Oppenheimer with "Buy". Susquehanna upgraded Wells Fargo & Co (NYSE: WFC ) on Wednesday, January 20 to "Positive" rating.
  • Report says hackers have potential ability to shut down a power grid

    Report says hackers have potential ability to shut down a power grid

    Finance

    CBS News has reported on Russian hacker attempts to breach power grids over the past year. " There's a difference between being a step away from conducting sabotage and actually being in a position to conduct sabotage ... "At this time there is no indication of a threat to public safety". "DHS is aware of the report and is reviewing it", a spokesman for the department said Wednesday morning.
  • The Rockwell Collins, Inc. (COL) Stock Rating Reaffirmed by Vertical Research

    The Rockwell Collins, Inc. (COL) Stock Rating Reaffirmed by Vertical Research

    Finance

    Over the last five days, shares have faced -3.57% losses and now is down -3.5% since hitting its 200-day moving average of $117.74. Rockwell Collins (NYSE: COL ) last released its quarterly earnings results on Friday, July 28th. The stock of Rockwell Collins, Inc . (NYSE:COL) for 1.25M shares. Etrade Management Ltd Liability Corp invested in 0.03% or 6,331 shares. Natixis invested in 22,763 shares or 0.02% of the stock.
  • Our drinking water is adulterated with tiny bits of plastic

    Our drinking water is adulterated with tiny bits of plastic

    Finance

    Of those samples, 83 percent were contaminated with plastic fibers, according to The Guardian , while the United States had the highest contamination rate at 94 percent . However, it's not worthwhile fleeing to bottled water to avoid microplastics - they also were also found in samples of bottled water tested by researchers, Orb reported.
  • Bristol-Myers Squibb Company (BMY) Insider bought 6000 Shares

    Finance

    Castine Cap Limited Liability Company owns 450,000 shares. The stock decreased 0.36% or $0.02 on September 5, reaching $5.51. About shares traded. ONEOK, Inc. Its down 0.03, from 0.98 in 2016Q3. It turned negative, as 86 investors sold BMY shares while 529 reduced holdings. 838.20 million shares or 0.09% more from 837.48 million shares in 2016Q3 were reported.
  • Kohl's to partner with e-commerce giant on in-store shops

    Kohl's to partner with e-commerce giant on in-store shops

    Finance

    Kohl's goal is to have 1,000-foot areas inside their stores dedicated to Amazon products including the Echo, Echo Dot, Fire TV and Fire tablets. Yet another traditional retailer is partnering with Amazon , as the online behemoth continues to expand its presence in brick-and- mortar stores.
  • Amazon bringing 2500 full-time jobs to Staten Island

    Amazon bringing 2500 full-time jobs to Staten Island

    Finance

    SEATTLE-Online retail giant Amazon.com Inc.is adding to its ever-growing roster of fulfillment centres across the US with its first major warehouse in NY. "Full-time employees at Amazon receive competitive hourly wages and a comprehensive benefits package, including healthcare, 401 (k) and company stock awards starting on day one".
  • Barrick Gold Corporation (NYSE:ABX) reported Beta of 0

    Finance

    Another trade for 2,000 shares valued at $47,400 was made by FRODSHAM JAMES on Monday, May 15. Barrick Gold Corp (USA) (NYSE:ABX) has declined 8.26% since September 6, 2016 and is downtrending. Broderick Brian C holds 0.45% or 9,826 shares in its portfolio. Victory Cap Mngmt has 3,225 shares for 0% of their portfolio. It also reduced Brookfield Ppty Partners Lp (NYSE:BPY) stake by 296,350 shares and now owns 827,260 shares.
  • Socceroos coach Ange Postecoglou sorry he's 'not everyone's cup of tea'

    Socceroos coach Ange Postecoglou sorry he's 'not everyone's cup of tea'

    Finance

    Thailand team for 9 rounds of the current selection managed to earn only 2 points by playing twice in a draw, and one of these matches was against the Australian team on November 15 past year - 2: 2. The coaching team and the staff has been working very hard for the match, this is our last game in this round and we will try our best because we don't know if we will be back here again.
  • Stock Review: Trading Signals in Focus For Pieris Pharmaceuticals Inc (PIRS)

    Finance

    The number of shares now owned by investors are 56.83 mln. Principal Financial Group Inc. raised its position in shares of Physicians Realty Trust by 1.5% during the first quarter. The fund owned 786,959 shares of the real estate investment trust's stock after selling 23,518 shares during the quarter. The firm's revenue for the quarter was up 13.7% on a year-over-year basis.
  • Current account deficit increases to $9.6 billion

    Current account deficit increases to $9.6 billion

    Finance

    Terms of trade is the value of Australia's exports divided by its imports over a specific period, then multiplied by 100. Australia's economy has grown for 26 years without a recession, an extraordinary achievement in a volatile world still aching from the global financial crisis.
  • Stock on Analyst Radar: Cliffs Natural Resources Inc (CLF)

    Stock on Analyst Radar: Cliffs Natural Resources Inc (CLF)

    Finance

    Director, Baldwin John T , purchased 6,000 common shares of Cleveland-Cliffs Inc. During the same period in the prior year, the company posted $0.07 earnings per share. Cliffs Natural Resources's revenue for the quarter was up 14.7% compared to the same quarter previous year. Several equities research analysts have recently commented on CLF shares.
  • Dollar steadies after pondering N.Korea headlines, U.S. policies in focus

    Finance

    A major sell-off on Tuesday as investors fretted over concerns about North Korea . The Dow Jones industrial average recorded its biggest one-day drop since August 17, falling 234.2 points to close at 21,753.31. Safe-haven government debt was against in demand. The stronger yen also weighed on global exporting companies such as Japan's auto giants, with Toyota down 1.17 percent at 6,146 yen, Honda lower by 0.68 percent at 3,036 yen and Nissan off 1.00 percent at 1,081.5 yen.
  • Brokers Change Their Target Price On JP Morgan Chase & Co (NYSE:JPM)

    Finance

    Bb&T Corporation now has $36.67 billion valuation. Over the past five trading sessions it is -0.21%; -0.86% for the month; 10.76% for the last quarter; -0.24% for the past six-months; and 36.44% for the last 12 months. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. The stock has a consensus rating of "Hold" and a consensus price target of $85.72.
  • May, Abe pledge to increase pressure on North Korea

    May, Abe pledge to increase pressure on North Korea

    Finance

    The missile launched from Pyongyang flew over part of Japan's northern territory and travelled about 2,700 km before falling into the Pacific some 1,180 km off Cape Erimo, but its actual range would be between 4,500 and 5,000 km, according to the report.
  • Shares in Nike, Inc. (NKE) Purchased by Park Avenue Securities LLC

    Finance

    It closed at $46.66 lastly. It has outperformed by 35.05% the S&P500. DnB Asset Management AS lifted its stake in shares of Nike by 11.7% during the 1st quarter. The Nebraska-based Walnut Private Equity Prtnrs Limited Liability has invested 0.28% in Spectra Energy Partners, LP (NYSE:SEP). Ledyard Bankshares holds 0% of its portfolio in Rayonier Inc.
  • Which Analysts Are Watching Tenet Healthcare Corporation (NYSE:THC)?

    Finance

    The stock increased 5.53% or $0.95 on September 1, reaching $18.12. It has underperformed by 53.51% the S&P500. The total number of shares traded in the last 12 months is 379,147. The firm earned "Neutral" rating on Wednesday, May 4 by Citigroup. BMO Capital Markets upgraded the stock to "Outperform" rating in Friday, September 4 report.