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GBP: Nov BoE: Not The Beginning Of A Tightening Cycle - CIBC


The Bank of England (BOE) did what it said it would do - it lifted the Bank Rate by 25 basis points to 0.5% following its 2 November monetary policy council meeting (MPC). It looks like the slump in sentiment was largely in reaction to the more dovish tone struck by the accompanying minutes, as they appeared to suggest that today's hike would likely be a one off. Read More »

The GoPro Inc. (GPRO) Receives "Overweight" Rating from JPMorgan Chase & Co

The original version of this piece can be viewed at The share price was last seen 2.3% higher, reaching at $10.67 on the first day of November. State Street Corp raised its position in shares of GoPro by 6.7% in the second quarter. Read More »

Sweet! Hershey's Introduces Its First New Flavor in Over 20 Years


The new bar? It's Hershey's Gold , and it arrives in stores on December 1 in partnership with the U.S. Olympic Committee as part of a campaign to hype up America's quest for Olympic gold. In that time, the confectionary company was able to recreate hands-down the most iconic chocolate bar in American history. Hershey Company dollar sales in the U.S. Read More »

DNAinfo, Gothamist shut down by CEO


But for Ricketts, all it took was an instant and the push of a button to destroy the work of hundreds of journalists covering valuable local news stories in their neighborhoods, possibly forever. Other than Ricketts' letter, all other content was deleted from the sites. The sites delivered hard-hitting, neighborhood-centric news and worked consistently to hold local politicians accountable. Read More »

Austintown Kmart hit by latest Sears Holding Co. closures


In September, Sears Holding closed its remaining full-service Sears department store in Toledo located on Central Avenue near Secor Road. The Marietta Kmart store was not among the five OH stores included in the list. In the process, as previously announced we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members. Read More »

Bombardier cuts CSeries deliveries forecast, posts bigger loss

Bombardier Inc on Thursday cut its yearly forecast for deliveries of its CSeries jets because of engine delays, while posting a larger loss for the third quarter. chose to slap import tariffs as high as 300pc on the jets, purportedly on the grounds they benefited from United Kingdom and Canadian state aid. Final judgements on those two complaints are due in February but Bombardier must also await judgement on its proposals to construct C Series planes for the U.S. Read More »

Singapore Airlines 'Hotel In The Sky' Is A Sight To Behold

That's not an ad for a New York City studio apartment, but rather for a new first-class " suite " that promises to be among the most luxurious on any airline flying today. The biggest change is that instead of sitting directly behind first class on the lower deck, premium economy will be planted in the nose of the A380, where " Suites Class" now lives, as SQ's Suites are moving upstairs. Read More »

Teva Pharmaceutical Industries Limited (TEVA): Don't Let the Headlines Distract You

It's been tough going in 2017 for the world's biggest generic drugmaker, and unfortunately, investors hoping that the worst was behind the company earlier this year may have to settle in and expect some more rockiness. Expected Non-GAAP EPS in the fourth quarter is $0.70-0.80 per share. Teva Pharmaceutical Industries Limited had a positive return on equity of 15.96% and a negative net margin of 25.18%. Read More »

It's hiring day! Whole Foods to add 6000 workers nationwide today


They'll also have flexible schedules, competitive pay and health and dental benefits. Whole Foods Market is searching for passionate, food-focused candidates to join its team. Interviewees who land a Whole Foods job will receive 20 percent off all Whole Foods purchases. "The right opportunity hasn't come up yet, but we're optimistic", Michael Sinatra, a spokesman for Whole Foods' Northeast division, said of a possible future store in Central New York. Read More »

Whitbread plc (WTB) Stock Price Up 1%


It has a 23.19 P/E ratio. The Commercial Banking segment includes middle-market, asset lending, commercial real estate, equipment finance, and treasury and payment solutions, which includes government and institutional banking. The firm has "Outperform" rating by Bernstein given on Tuesday, November 24. CYBG PLC is a United Kingdom-based company, which intends to be the holding firm for CYB Investments Limited and Clydesdale Bank PLC (Clydesdale Bank). Read More »

Near term Outlook For Chesapeake Energy Corporation (NYSE:CHK)

Tudor Pickering lowered Chesapeake Energy Corporation from a "buy" rating to a "hold" rating and upped their price objective for the company from $3.76 to $4.00 in a research note on Tuesday, September 5th. Following the completion of the purchase, the director now owns 4,127,951 shares of the company's stock, valued at approximately $27,533,433.17. The purchase was disclosed in a filing with the SEC, which is available through this link . Read More »

Justice Department considering lawsuit to block AT&T-Time Warner merger

Time Warner generated revenues of $7.6 billion in 3Q17, which was 6.0% higher YoY (year-over-year) and above consensus estimate by $210 million. Among 12 analysts covering Chegg Inc ( NYSE:CHGG ), 11 have Buy rating, 0 Sell and 1 Hold. Oppenheimer Asset Mngmt Inc invested in 0% or 10,751 shares. More interesting news about Time Warner Inc (NYSE: TWX ) were released by: and their article: "Earnings Reaction History: Time Warner Inc ., 25.0% Follow-Through Indicator, 2 ..." ... Read More »

3D Systems Corporation (DDD) added to 33 new portfolios

In the year-ago quarter, 3D Systems posted non-GAAP earnings of 14 cents per share on $156.4 million in revenue. Stifel Nicolaus maintained 3D Systems Corporation (NYSE: DDD ) on Friday, August 7 with "Hold" rating. WARNING: This piece was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this report on another domain, it was stolen and republished in violation of global copyright law. Read More »

Bank of England raises Interest Rates to 0.5%


Before the news, the pound was trapped in a narrow 30 basis points range, among the quietest days in a 15-year trading history according to Thomson Reuters data, with investors sidelined before a Bank of England rate decision on Thursday. Read More »

Nothing cooking: Khichdi not national dish, says minister after Twitter storm


One user said, " Khichdi to be National Dish. Why?" Amid buzzing reports on Khichdi being considered as the national food of India , the government has finally refuted all claims. More than 40 countries, 27 states governments are participating in the event. The event that will start on November 3 will have Germany, Denmark and Japan as partner countries with Italy and the Netherlands as the focus countries. Read More »

Bitcoin hits new record after plans to offer futures


It remains to be seen how the market will respond to CME's new foray into cryptocurrency , but the bulls are extremely optimistic. Bitcoin is now not listed on any of the world's major exchanges. A bitcoin future will enable investors to bet on the future price of bitcoin without actually holding the coin itself. As did Bitcoin Cash and Bitcoin Gold, the SegWit2x hard fork on November 16 will likely cause the bitcoin price to endure a minor correction, specifically a few days before ... Read More »

Tesla reports biggest-ever quarterly loss, Model 3 delays (TSLA)


Excluding items, the company lost 2.92/share. The electric auto maker has received over half a million pre-orders for its latest (and cheapest) vehicle, the Model 3. Musk only talked vehicle production and not about battery production. As a real-world example of what this means, Tesla claimed it will soon roll out software to customer cars making them capable of driving from NY to California without any human help. Read More »

Gender gap grows again after a decade

The report of the world economic forum reported that progress towards the equalization of rights of men and women suspended this year, although this procedure was observed during the previous decade in different countries of the globe. India's Health and Survival ranking was 142nd past year and on political empowerment it ranked 112th. A comparison of the scores of the top 10 ranking countries from 2016 to 2017 suggest the world is improving its gender equality issues faster than India. Read More »

NAB announces $5.29B in profit and $6.6B in cash earnings

NAB also announced changes to its executive leadership team, with Managing Director and CEO of Bank of New Zealand being appointed Chief Customer Officer of Business and Private Banking, replacing Angela Mentis who will take on Anthony Healy's role. Read More »

Jeremy Clarkson is back for round 2 of The Grand Tour


Those of you looking forward to watching the second season of The Grand Tour need only wait until December 8th when the series kicks off again. Season one of The Grand Tour had its highs and its lows, but in the end it mostly delivered on what we all wanted without taking too many radical risks with the formula: Clarkson, Hammond and May doing stuff in cars for our amusement. Read More »

Carter Page: Russia 'May Have Come Up' In Email Exchanges With Papadopoulos


Court documents say Papadopoulos was approached by people claiming ties to Russian Federation and offering "dirt" on Hillary Clinton in the form of "thousands of emails". In May, Papadopoulos sent an email to a "high ranking Campaign official" with subject line "Request from Russian Federation to meet Mr. Trump". In the interview with ABC News chief anchor George Stephanopoulo, when asked if he told the Russians Trump would be open to easing sanctions on the country, he again stumbled in ... Read More »

Aviation Ministry unveils draft regulations on civil use of drones


According to the draft Civil Aviation Regulation (CAR), Unmanned Aircraft Systems (UAS), commonly known as drones , are categorised into five based on there weight - from those weighing less than 250g to those above 150 kg. Air-rickshaws or passenger drones have also been considered. And except for the lightest two categories, people operating heavier drones will need an "unmanned aircraft operator permit". Read More »

United States trade body recommends up to 35% duty on solar gear imports


International Trade Commission is a major milestone in a case that has divided the solar industry for the last six months. The panel's chairwoman, Rhonda Schmidtlein, recommended tariffs ranging from 10 percent to 35 percent on selected imports, while two other commissioners recommended 30-percent tariffs to be phased down over four years. Read More »

Zuckerberg Is 'Dead Serious' About Russia, Open to Legislation


The company is expected to say earnings rose to $1.28 per share, according to the consensus estimate of analysts compiled by Thomson Reuters, up from $1.09 a year earlier. Facebook's user base rose to 2.07 billion a month, a 16 percent jump from the same time previous year. Facebook CFO David Wehner said the current 10,000 figure includes "employees at Facebook and also employees at partners". Read More »

AstraZeneca shares rise following early drug approval

The drug is in the same Bruton's tyrosine kinase (BTK) inhibitor class as Imbruvica , but its next generation status has produced higher levels of response in patients and fewer severe side-effects. "Furthermore, today's approval demonstrates our commitment to scientific leadership in Oncology and reinforces our progress towards returning to growth". Read More »