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Multimillionaire New Jersey governor says he'll accept $175K salary

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Chris Christie (R), whose term as New Jersey governor officially ended on Tuesday, became the state's first elected governor in decades to go his entire time in office without breaking a leg. Murphy, who like Kennedy grew up in MA, also served several years under the Obama administration as ambassador to Germany. "Thank you to all the people of New Jersey for the honor of being your Governor for the last eight years", Christie wrote on Twitter after the inauguration. Read More »

Morgan Stanley Tops Estimates on Underwriting, Wealth Management

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The global bank's Q4 trading revenues were $2.25 billion, a 19.5% drop from a year earlier. "Over the course of the full year we achieved the strategic objectives outlined two years ago", said James P. Excluding the one-off charge and other items, Morgan Stanley's adjusted profit was $1.68 billion, or 84 cents per share. Analysts on average were looking for 77 cents per share, according to Thomson Reuters I/B/E/S. Read More »

British govt. scrutinizes second outsourcing firm after Carillion collapse

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Its lenders were unwilling to extend the company any more funds nor was the Government interested in bailing the company out hence it went to the wall. "Interserve has had its problems for sure, but it's no Carillion", he said. "This remains the case and we expect our 2018 operating profit to be ahead of current market expectations and we continue to have constructive discussions with lenders over longer-term funding". Read More »

Dubai's Emirates announces agreement for 36 Airbus A380s

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The additional aircraft will be delivered from 2020 onwards and bring the carrier's A380 commitment to 178 aircraft. The new order is the first time in over two years than an airline has committed to purchasing the A380. "Some of the new A380s we have just ordered will be used as fleet replacement", said the Emirates' chairman. "This new order underscores Airbus' commitment to produce the A380 at least for another ten years", said Airbus chief salesman John Leahy. Read More »

$1.2M in wine bottles stolen from Hamptons collector

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The wine in question includes bottles from Domaine de la Romanée-Conti, an estate in Burgundy, France, court documents show. To view the full article, register now. During De-Meyer's eight years working for Solomon as an executive assistant, according to the indictment, one of his responsibilities involved waiting for wine deliveries at Solomon's apartment in Manhattan. Read More »

China economy rebounds in 2017 with 6.9% growth

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This is published unedited from the PTI feed . Chinese officials have signaled less emphasis on growth, pledging in December to shift focus to cracking down on financial risk, pollution and poverty in the coming years. President Donald Trump's administration looks like to readdress the yawning trade gap between the two countries, Fenner added. "Debt is the biggest risk China faces right now", said Hu Xingdou, an economics professor at the Beijing Institute of Technology. Read More »

Brent crude oil dips but remains near 70 dollars a barrel

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Report says prices have been driven up by production curbs in OPEC nations and Russian Federation as well as by healthy demand-growth. Brent crude , the global benchmark, had slipped 7 cents to $69.31 by 0943 GMT. "After years of oversupply, the inventories are contracting much faster than the markets had anticipated", said Stephen Innes, Head of trading for Asia/Pacific at futures brokerage Oanda in Singapore. Read More »

Dems say Schachtner senate win is a sign of things to come

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Adam Jarchow, of Balsam, Lake by a 55-44 percent margin. Democratic voters have been energized since Trump took office, and candidates have outperformed Hillary Clinton in numerous 2017 special elections. The good folks at Daily Kos Elections have a spreadsheet for which they painstakingly compiled all the state legislature, congressional, or US Senate special election results in which a Democratic nominee and a Republican nominee ran against each other, and compared them to past years' ... Read More »

Dodge Ram Recalled as it could Switch Gears Out of Park

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The Italian-American automaker said Friday that it would recall the vehicles, covering a wide spectrum of Ram heavy-duty pickups dating back to the 2009 model year. Those with concerns can call FCA at 866-220-6747. The brake transmission shift interlock system is the source of the recall. The statement urges customers to use their parking brakes, as recommended, in the interim. Read More »

All the latest from the 2018 Detroit Auto Show

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And it's no surprise. And Lamborghini will introduce its new Urus, which the company claims is the fastest SUV in the world. But unlike past years, jumbo-izing vehicles doesn't mean compromising fuel economy or maneuverability. The RAM model is 225 lbs. lighter, boasts a new mild-hybrid engine and a large touch screen in the interior, said Jim Morrison, vice president of RAM North America. Read More »

Crypto stocks tumble as bitcoin selloff continues

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Reports of regulatory crackdowns are nothing new. China is already looking to block websites and apps that offer exchange sources of any nature; South Korea's minister of finance is still in the midst of considering an outright ban. This yo-yoing of the price of cryptocurrencies has left bitcoin more than 40% lower of its record high in December 2017 when it reached $20,000. But activity in the cryptocurrency and bitcoin space has continued through alternative channels in China despite ... Read More »

Technical Roundup On Two Stocks - Sears Holdings Corporation (SHLD), Netlist, Inc. (NLST)

Payden & Rygel increased its stake in Bb&T Corporation (BBT) by 24.5% based on its latest 2017Q3 regulatory filing with the SEC. Insiders have sold a total of 2,810,700 shares of company stock worth $9,643,473 in the last 90 days. The Healthcare stock showed a change of -18.39% from opening and finally closed at $3.55 by scoring -36.04%. Lbmc Investment Advisors Limited Liability Company holds 2,035 shares. Read More »

Celgene is reportedly in talks to buy Juno Therapeutics

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Veracyte Inc now has $216.83M valuation. Looking into last 5 trades, the stock observed a return of nearly -7.60%. About 1.51M shares traded. Blackrock Florida Municipal 202 (BFO) has declined 0.62% since January 17, 2017 and is downtrending. Read More »

Informa and UBM agree terms for takeover bid

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In a stock exchange announcement after market close on Tuesday, UBM said that in light of its recent its share price movement, it was disclosing that the duo are in discussions "regarding a potential combination of the two companies". Read More »

Jefferies Group Comments on JPMorgan Chase & Co.'s Q1 2018 Earnings (JPM)

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On 10/26/2017 Stacey Friedman, General Counsel, sold 2,099 with an average share price of $101.96 per share and the total transaction amounting to $214,014.04. Cheviot Value Mgmt Limited Liability invested 0.27% of its portfolio in JPMorgan Chase & Co. State of Wisconsin Investment Board boosted its holdings in JPMorgan Chase & Co. Read More »

Bank of America Q4 Earnings Hurt By Tax Legislation

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About 1.20 million shares traded. Analysts await Bank of America Corporation (NASDAQ: BAC ) to report earnings on Jan, 17 for the fiscal quarter ending Dec 2017. (NYSE:BOOT). 11,375 are held by Art Limited Liability Corporation. Teachers Retirement Systems Of The State Of Kentucky accumulated 0.99% or 3.25 million shares. Read More »

Mitsubishi UFJ Trust & Banking Corp Raises Position in NXP Semiconductors NV (NXPI)

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The legal version of this story can be read at https://stocknewstimes.com/2018/01/12/first-citizens-bank-trust-co-invests-966000-in-nxp-semiconductors-n-v-nxpi-stock.html. 8,624 shares were sold by Hawkins Mark J, worth $863,251. Strs Ohio now owns 342,348 shares of the semiconductor provider's stock worth $26,819,000 after buying an additional 90,900 shares in the last quarter. Read More »

Trump Admin Skips Over Domestic Terrorism In New Immigration Report

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This report is a clear reminder of why we can not continue to rely on immigration policy based on pre-9/11 thinking that leaves us woefully vulnerable to foreign-born terrorists, and why we must examine our visa laws and continue to intensify screening and vetting of individuals traveling to the United States to prevent terrorists, criminals, and other unsafe individuals from reaching our country. Read More »

Merck Wins Big With Late-Stage Lung Cancer Drug Results

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About 214,680 shares traded. The York Water Company (NASDAQ:YORW) has risen 17.68% since January 17, 2017 and is uptrending. It has outperformed by 0.98% the S&P500. Merck & Co., Inc. had a net margin of 11.60% and a return on equity of 27.08%. Inc. had 72 analyst reports since August 13, 2015 according to SRatingsIntel. Read More »

Rate Disclosed By Bank Of Canada

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The statement explaining the Bank of Canada's rationale and its economic outlook, however, contained its most explicit assessment to date about the negative fallout from Nafta's uncertain future. Developments on the Nafta and US policy front prompted the Canadian central bank to incorporate a "negative judgment" on capital spending and trade. Read More »

Akamai Technologies, Inc. (AKAM)

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Akamai Technologies (NASDAQ: AKAM ) last announced its quarterly earnings results on Tuesday, October 25th. It has underperformed by 23.21% the S&P500. Claar Advisors Lc reported 4.53% stake. Out of 3 Wall Street analysts rating CDW, 2 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". About 10.17 million shares traded or 31.65% up from the average. Read More »

UAE Says Qatari Fighter Jets Intercept Passenger Planes

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The UAE authority added that it regards this incident "as a serious and renewed breach of worldwide conventions and the safety of civil aircraft traffic". Bahrain yesterday released radar tracks showing Qatari fighter jets dangerously passing by Emirati commercial airliners on their way to the Kingdom. Read More »

The Coca-Cola Co (KO) Shares Sold by TCW Group Inc

About 981,524 shares traded or 84.34% up from the average. Shares of Coca-Cola Company (NYSE:KO) traded down 0.97% on Tuesday, hitting $40.92. It has underperformed by 17.65% the S&P500. In the last month, the price of CCE has decreased -0.77%. Its down 0.14, from 0.94 in 2017Q2. 94 funds opened positions while 456 raised stakes. KO has been the subject of a number of recent research reports. Read More »

Fluor awarded EPC contract for Shell Penguins project in the North Sea

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Engineering and construction company Fluor has been awarded the FPSO engineering, procurement and construction contract. An additional eight wells will be drilled and linked to the new FPSO vessel . The British government estimated it could cost about $77.3 billion to decommission offshore infrastructure. "Shell and Exxon taking FID on the Penguins redevelopment in early 2018 is very positive for the North Sea, marking the end of [a] cautious era during the downturn", said Fiona Legate, ... Read More »