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Citigroup reports $18.3 billion loss, caused by new tax law

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Revenue came in roughly in line with expectations at $17.3 billion and was 1 percent higher than the fourth quarter of 2016. Citigroup is the second major bank to reveal a one-time loss related to the new tax code. Citigroup posted a loss of $18.3 billion, or $7.15 a share, its largest ever quarterly deficit, with the $22 billion charge also leading to a loss for the year. Read More »

Premier Food's Christmas sales boosted by record demand for mince pies

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Premier Foods has reported a sales boost this morning, helped by strong performances from Batchelors, Angel Delight and sales of mince pies. Growth in the firm's own-label business included increased volumes of mince pies compared to last year, with Premier selling a record 220 million mince pies in 2017, four million more than the previous year. Read More »

Patanjali makes grand ecommerce foray, partners with Flipkart, Amazon and others

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He further said that by this online system Patanjali products would reach those who do not have access to the point of purchase and they are looking for alternate means to shop and can get Patanjali products at home. Earlier, Patanjali had also announced to venturing into solar equipment manufacturing. Commenting on the partnership, Manish Tiwary, Vice President Category Management, Amazon India said: "We are committed to work together with Indian-grown brands with the aim of giving ... Read More »

NYPD officer injured when driver flees scene in Midtown

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The driver accelerates and the officer is knocked to the ground as the auto speeds off. Officers give chase - at least one with his gun drawn - but the vehicle takes off down 42nd Street and gets away. "That son just side-swiped all these cars", the cameraman informs us. New York's Times Square is a place where vehicle enthusiasts can admire fast and expensive cars, and the past weekend was no exception. Read More »

Sam's Club in Seabrook to close January 26

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Business Insider reported the closings could impact more than 11,000 Sam's Club employees across the country. The location in Baton Rouge was the only store affected in Louisiana . Meanwhile, the move to boost wages and benefits comes as companies across the USA are weighing their option for how to best deploy the windfalls they are expected to receive from the tax reform legislation that became effective January 1. Read More »

South Korea releases update on its potential cryptocurrency ban

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Last Thursday, Justice Minister Park Sang-ki announced that the government would be shutting down cryptocurrency exchanges, as it viewed them as speculation and gambling. Another country fascinated by cryptocurrencies is Japan. Countering the trend was China, which closed down most of its local operators and banned initial coin offerings a year ago - a move followed by Indonesia, Vietnam and India. Read More »

Chibok girls kidnapped by Boko Haram paraded in new video

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A number of teenage girls and young women can be seen in the 21-minute video, with at least three of them holding babies in their arms, according to Reuters. The name Boko Haram roughly translates as "Western education is forbidden" in the Hausa language. "It's fighting the Nigerian government's narrative regarding the trajectory of the insurgency". Read More »

Cenovus Energy Inc. (NYSE: CVE) - Important Factors to Analyse A Good Investment

The stock decreased 0.71% or $0.04 during the last trading session, reaching $5.62. 116.04 million shares or 2.69% less from 119.24 million shares in 2017Q2 were reported. Goldman Sachs upgraded the shares of CVE in report on Friday, March 11 to "Conviction Buy" rating. Since August 4, 2017, it had 0 insider buys, and 2 sales for $3.05 million activity. Read More »

Eagles' defense knew exactly what was coming on final play versus Falcons

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Bank Stadium. The last time Malcom Jenkins played in the NFC Championship game was his rookie year in the 2009-10 season with the New Orleans Saints . Brees connected with Michael Thomas for two touchdown passes in a span of 3:09 of the second half. The game came down to a fourth-and-goal with a minute remaining at the Philadelphia 2-yard line. Read More »

CVS Will Stop Photoshopping Its Beauty Ads - and It's a BIG Deal

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The firm has "Hold" rating given on Wednesday, October 18 by Jefferies. Barclays Capital maintained the shares of CVA in report on Tuesday, August 9 with "Equal-Weight" rating. Regent Mgmt Ltd holds 1.8% or 65,894 shares in its portfolio. Whittier Trust reported 0.51% stake. Tnb has invested 1.87% in CVS Health Corporation (NYSE: CVS ). Read More »

Toyota Is Finally Adding Apple CarPlay

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Powering Toyota's largest sedan is new 3.5-liter V6 engine hooked up to an eight-speed automatic transmission. The annual North American International Auto Show, one of the largest such events in the USA, starts its engines this weekend with dozens of new production vehicles and experimental concept cars. Read More »

Community Health Systems (CYH) Cut to "Sell" at ValuEngine

The stock increased 3.62% or $0.18 during the last trading session, reaching $5.15. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 28.56% with $110.39 Million sitting short, betting on future declines. Read More »

The Latest Crown Castle International Corp. (REIT) (CCI) Insider Trading Activity

Ing Groep Nv who had been investing in Enterprise Prods Partners L for a number of months, seems to be bullish on the $62.41 billion market cap company. To gain some better insight into how Crown Castle International Corp. (NYSE:REIT) earned "Buy" rating by Guggenheim on Wednesday, April 12. The firm has "Buy" rating given on Friday, October 20 by Jefferies. Read More »

United Continental Holdings Inc (NYSE:UAL) Stock Price While Sentiment Dive

It has outperformed by 60.49% the S&P500. Disciplined Growth Investors Inc decreased Ethan Allen Interiors Inc Com (ETH) stake by 1.27% reported in 2017Q3 SEC filing. RBC Capital Markets maintained LyondellBasell Industries N.V. (NYSE:LYB) on Tuesday, October 17 with "Hold" rating . On Thursday, October 19 the stock rating was downgraded by Wolfe Research to "Hold". Read More »

Ryanair revise baggage coverage in bid to slash delays

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Travellers can still take one small bag - maximum measurements 35cm x 20cm x 20cm - into the cabin with them at no extra cost. "Ryanair has already introduced new reduced checked bag fees (from €/£35 to €/£25) and increased check-in bag sizes (from 15kg to 20kg) to encourage more customers to check in bags and reduce the number of customers with two bags at the boarding gates". Read More »

Marcus Mariota's quad injury forced Titans to change scheme vs. Patriots

The Patriots will wait until Sunday to find out who they play in the title game at Gillette Stadium next week. Jacksonville Jaguars quarterback Blake Bortles (5) throws a pass during the first half of an NFL divisional football AFC playoff game against the Pittsburgh Steelers in Pittsburgh, Sunday, Jan. Read More »

Lesotho Diamond Weighs More Than a Baseball

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The diamond was found by United Kingdom mining company Gem Diamonds and could be worth up to $40 million. How much the rough stone will fetch at auction remains to be seen, and it will depend in part on any imperfections that limit the size of the cut and polished stones it can be fashioned into. Read More »

Jallikattu turns into disaster, 70 members injured, 6 critical

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Tamil Nadu Revenue Minister R B Udhayakumar inaugurated the grand event that saw participation of around 1,000 bulls and hundreds of sportsmen who vied for the honours. Palamedu is one of the three prominent Jallikattu events in Tamil Nadu besides Alanganallur and Avaniyapuram. Last year, there were massive protests forcing the Tamil Nadu government to pass an ordinance on Jallikattu. Read More »

Ford goes 'all in' on electric cars with US$11bn plunge

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Chairman Bill Ford said the auto maker would have 40 hybrid and fully electric vehicles in its range by 2022. This was confirmed by Ford Chairman Bill Ford at the Detroit Auto Show . Raj Nair, head of Ford's North American operations, said the vehicle company expects fuel economy and pollution standards to get more strict, "and rightfully so", he said. Read More »

What happened? Steelers left to reflect after 45-42 loss to Jaguars

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For anyone who called it, congratulations on bankrupting the sports books. There are a number of reasons why the Steelers lost to the Jacksonville Jaguars 45-42 in the Divisional Round of the playoffs. Roethlisberger also completed fourth-down touchdown passes to Antonio Brown and Schuster in the fourth quarter and to Martavis Bryant in the second quarter. Read More »

Inc. MA Raises Position in Occidental Petroleum Corporation (OXY)

It has underperformed by 25.18% the S&P500. Amg Funds Llc decreased its stake in Occidental Pete Corp Del ( OXY ) by 36.99% based on its latest 2017Q3 regulatory filing with the SEC. Therefore 69% are positive. Occidental Petroleum Corporation (NYSE:OXY) has a 20-Day average volume of 3.62 Million. The stock has "Hold" rating by Wolfe Research on Wednesday, August 16. Read More »