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FedEx, UPS shares sink as Amazon reportedly tests delivery service

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While UPS and FedEx may still handle these deliveries, Amazon will decide and not the seller, the report noted. By controlling the "last mile" of delivery, the company could save money through volume discounts and better control the inventory of its own warehouses that can solve supply chain problems especially around the holidays. Read More »

US Trade Gap Narrowed in August as Hurricane Disrupted Shipping

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Economists surveyed by The Wall Street Journal had expected a trade deficit of $42.7 billion. Andrew Hunter, US economist at Capital Economics said the narrower trade deficit provides further evidence that net trade was on course to make a small positive contribution to third quarter GDP growth. Read More »

Political fallout begins as TransCanada pulls plug on Energy East

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The termination comes after the National Energy Board (NEB) expanded the scope of its review of Energy East in August, saying it would consider the pipeline's indirect greenhouse gas contributions. TransCanada said last month that it would halt its efforts to get regulatory approvals for the controversial projects. "We still believe that", Gallant said. Read More »

Gujarat: Dalit Teen Stabbed For Sporting Moustache; Third Attack in Seven Days

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The young men, from Gujarat, were allegedly beaten up by men from an upper caste in two separate incidents because they'd grown moustaches . The teenager was attacked at around 5:30 pm on Tuesday while he was returning from school, hours before which he had told Indian Express that on September 25 he had been assaulted while he was with his cousin Piyush Parmar, who was attacked for sporting a moustache. Read More »

Tesla Posts Best Quarter in Q3

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Gene Munster, analyst at Loup Ventures, wasted little time describing what he sees as hurting the Tesla narrative, saying in a report on Monday, "The real problem is that tonight's results chip away at investor Model 3 production confidence". Read More »

Tesla (TSLA) Stock Recovers Despite Fears of Model 3 Production Bottleneck

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The Nomura analysts said Tesla is likely to overcome any Model 3 production constraints. In addition, he estimates the company's total vehicles deliveries will increase to 877,000 by 2021 from an estimated 112,000 this year. This eye-popping projection helped send Tesla stock up nearly 3% to hit $358.62 per share on Wednesday morning. Chanos has been shorting Tesla stock for quite some time now. Read More »

Gilead Sciences, Inc. (GILD) Price Target Cut to $86.00

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The Mayo Investment Advisers Llc holds 91,253 shares with $6.46 million value, up from 82,073 last quarter. Equifax Inc. (EFX) have shown a high EPS growth of 16.80% in the last 5 years and has earnings rose of 13.70% yoy. As of the last earnings report the EPS was $9.21 and is expected to be $8.78 for the current year with 1,305,926,000 shares now outstanding. The Price to Cash Flow for Gilead Sciences, Inc . Read More »

Shah Rukh Khan's daughter Suhana's pool picture goes viral

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From the multiple ear piercings to the hot red nail paint, you just can not miss these in the latest photo of Shah Rukh Khan's darling daughter Suhana Khan. She was seen wearing white jeans and a black halter-neck top. She is now studying film at Mumbai's Dhirubhai Ambani International School. Suhana was recently captured at the Lakme Fashion Week, where she posed for the camera alongside some other star kids including Actor Chunkey Pandey's daughter Ananya, nephew Ahaan and Sanjay ... Read More »

Australia, NZ dollars bounce as market wagers on Fed contenders

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He met recently with several potential candidates, including former Fed Governor Kevin Warsh and current Fed Governor Jerome Powell. US stocks closed at record high as investors awaited remarks from Federal Reserve Chair Janet Yellen that may reveal more clues on the future USA monetary policies. Read More »

Are E-Cigarettes Safer Than Traditional Cigarettes?

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These will display court-mandated text, with copy including: "Altria, R.J. Reynolds Tobacco, Lorillard, and Philip Morris USA intentionally designed cigarettes to make them more addictive" and "More people die every year from smoking than from murder, AIDS, suicide, drugs, vehicle crashes, and alcohol, combined". Read More »

'Monopoly Man' photobombs former Equifax CEO during hearing on massive data breach

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Some who spotted the board game character in the audience at the hearing took to Twitter to express their amusement at the stunt. The Monopoly man put in an appearance at the Equifax hearing Wednesday. Mascot from the boardgame Monopoly is photobombing the hearings on Equifax's massive data breach. When Equifax announced the breach, which compromised more than 145 million people's personal data, it initially required that consumers agree to arbitration if they wanted to use the ... Read More »

Four killed in attack on Indian Kashmir paramilitary camp

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Security forces in large numbers sealed off entire Humhama and road leading to Airport and launched an operation against the militants. The attack reportedly took place took place at 4.00 AM and exchange of firing was going on between the militants and security forces, they said. Read More »

SBI announces Rajnish Kumar as new chairman

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Rajnish Kumar has been named as the new Chairman of State Bank of India (SBI). Rajnish Kumar will assume charge as SBI chairman on October 7 and have a three-year tenure. Kumar has been the managing director of SBI. Mr. Kumar, who will have a three-year tenure, pushed the digitization drive of the bank particularly post the demonetisation exercise which gave its private sector competitors a run for their money. Read More »

ACL Festival offering refunds on 'case-by-case basis'

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After the mass shooting at an outdoor music festival in Las Vegas , the Austin Police Department plans to boost up security at Austin City Limits festival this weekend. And according to Austin 360 , they're also offering refunds to anyone who doesn't want to attend the festival following the Vegas massacre. Tighter security measures implemented this year include a ban on umbrellas and restricted bag size. Read More »

Office Depot To Acquire CompuCom Systems

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CompuCom is owned by private-equity firm Thomas H. Lee Partners LP. Thrivent Financial For Lutherans boosted its holdings in shares of Office Depot by 7.0% during the first quarter. (NasdaqGS: ODP ) has an M-score Beneish of -2.620952. (NASDAQ: ODP ) stock. Many experts agree that the truth about a stock is best reflected in the way it moves on the chart. Read More »

Should You Buy, Sell, Or Hold? - Arconic Inc. (ARNC), Pepsico, Inc. (PEP)

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The institutional investor owned 142,511 shares of the company's stock after selling 1,722 shares during the period. ( PEP ) stake by 41.95% reported in 2017Q2 SEC filing. The consensus recommendation for stock is 2.30. (PGRE) stock final price of $16.00. Barclays Public Limited Company owns 317,893 shares or 0.03% of their U.S. Read More »

AG backs legislation to protect consumers after data breaches

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Congressional hearing . But Equifax's former CEO (who suddenly retired last week) told the House Energy and Commerce Committee that a single IT technician was at fault for the whole thing after they failed to install the patch. The company's "vulnerability scanning and patch management processes and procedures" have been enhanced, Smith said. The company is dealing a breach of its systems by hackers who accessed or stole the information of 145 million Americans . Read More »

Las Vegas shooting hits MGM China shares

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Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is -5.90% and standing -4.72% away from 50-Day Simple Moving Average while traded up 1.87% from 200-Day Simple Moving Average. As per Friday, February 17, the company rating was maintained by Stifel Nicolaus. Drapes billow out of broken windows at the Mandalay Bay resort and casino Monday, Oct. Read More »

Roya Mail faces strike action

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But the source dismissed this as "rubbish" and said controversial changes made to pensions meant that agreement was now void. Why is a strike being threatened? Some 14million shoppers spent an estimated £2billion on Black Friday a year ago. Read More »

Mylan surges, Teva slumps after FDA okays Copaxone copy

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According to the FDA approval letter, Mylan was one of the first applicants to submit a substantially complete ANDA for Glatiramer Acetate Injection, 40 mg/ml, containing a paragraph IV certification. AB rated alternatives can be substituted by the pharmacist in place of the branded version, while non-AB rated alternatives can only be suggested by the doctor. Read More »

'New era' in solar energy fuelling growth in renewables: IEA

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Nearly 165GW of new renewable power was installed in 2016, driven by 74GW of solar photovoltaic capacity coming online, according to a new report by the International Energy Agency (IEA). The IEA said renewables will continue to show strong growth over the coming years with electricity capacity set to increase by more than almost 1,000 gigawatts (GW), or 43 per cent, by 2022. Read More »