Finance

Moneygram Confirms Partnership with Ripple, XRP Price likely to Surge

Moneygram Confirms Partnership with Ripple, XRP Price likely to Surge

Ripple's XRP rose 13 percent to $13.38 on Thursday after MoneyGram made the announcement to use its XRP token for worldwide payments. The company says its transaction fees are much lower than those f...

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Walmart raises hourly wage to $11, expands benefits

Walmart raises hourly wage to $11, expands benefits

Walmart's wage increase will take effect in February. Walmart also announced it will increase its minimum wage from $10 to $11. The one-time bonus will amount to $ 400 million in the current fisca...

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Warren, Warner propose 'massive' fines for breaches at credit bureaus

Warren, Warner propose 'massive' fines for breaches at credit bureaus

Justin Brookman, director of consumer privacy and technology policy for Consumers Union, said,"Credit reporting agencies are a one-stop shop for hackers seeking to profit off our most sensitive and ...

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Oh, Christmas Tree! Woman Gets Refund For Dead Tree

Oh, Christmas Tree! Woman Gets Refund For Dead Tree

That's what a California woman tried to do January 4, when she brought her dead tree back to a Costco store, the Sun reported . One man who witnessed the weird incident at the Costco store located ...

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North Royalton hacker stole potentially embarrassing information from computers, feds say

North Royalton hacker stole potentially embarrassing information from computers, feds say

Durachinsky's attorney couldn't be reached immediately for comment. He allegedly created the Fruitfly malware to spy on Mac and Windows users between 2003 and 2017. The FBI arrested Durachinsky in...

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Tesco is festive victor reporting record Christmas sales

Tesco is festive victor reporting record Christmas sales

Tesco announced in a statement this morning that its third-quarter like-for-like (LFL) sales in the United Kingdom and Ireland had grown 2.3 percent. The year-on-year United Kingdom sales increase o...

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Sears & Kmart stores to 'consider all options' after posting holiday sales declines

Sears & Kmart stores to 'consider all options' after posting holiday sales declines

In the last 27 earnings reports, the company has topped earnings-per-share estimates 41% percent of times. The higher the RVOL the more In Play the stock is. That loan agreement could yield an additio...

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21 brands of orange cream and ice cream bars recalled

21 brands of orange cream and ice cream bars recalled

Giant had not yet received any reports of illness associated with these products. Symptoms of listeriosis include high fever, severe headache, neck stiffness and nausea. Some ice cream brands are ge...

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Occidental Petroleum (OXY) Lowered to "Neutral" at Bank of America

About 5.26M shares traded. In recent action, Occidental Petroleum Corporation (OXY ) has made a move of +8.33% over the past month, which has come on weak relative transaction volume. Mawer Invest ...

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Domino's shares fall as CEO will step down in June

Domino's shares fall as CEO will step down in June

During the same period in the prior year, the company posted $0.96 earnings per share. If the stock price is unchanged its weighted alpha will be smaller. This represents a $1.84 dividend on an annual...

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Ford sued for emissions cheating in diesel trucks

Ford sued for emissions cheating in diesel trucks

Ford's Dagenham Engine Plant, the company's largest diesel engine production facility globally, employs 3,000 people and a year ago produced 800,000 engines for the United Kingdom and export to market...

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IRS Said to Need Additional $1B to Implement New Tax Law

IRS Said to Need Additional $1B to Implement New Tax Law

Due to funding shortages, the IRS may not be able to meet its deadlines to update internal systems and implement other changes to existing infrastructure. For example, the law reduced the maximum home...

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Sinclair Broadcast Group (NASDAQ:SBGI) Now Covered by Jefferies Group

Sinclair Broadcast Group (NASDAQ:SBGI) Now Covered by Jefferies Group

The stock of Sinclair Broadcast Group, Inc. The stock decreased 1.77% or $0.99 during the last trading session, reaching $54.92. They expect $0.77 earnings per share, down 27.36% or $0.29 from last ye...

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Oppenheimer Reiterates "Hold" Rating for Teva Pharmaceutical Industries (NYSE:TEVA)

About 11.97 million shares traded. Teva Pharmaceutical Industries Ltd (NYSE:TEVA) saw a significant decrease in short interest in November. It has underperformed by 58.40% the S&P500.The move comes ...

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Coca-Cola Restages Entire Diet Coke Brand

Coca-Cola Restages Entire Diet Coke Brand

Salient Trust Company Lta increased Helmerich & Payne Inc (NYSE:HP) stake by 10,500 shares to 14,500 valued at $756,000 in 2017Q3. Cambridge Advisors Inc. Stifel Nicolaus reissued a "hold" rating and ...

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Cong calls it mal-effect of Demonetisation, GST

Cong calls it mal-effect of Demonetisation, GST

Dehradun: Hundreds of Congress members took to the streets on Wednesday to protest the death of debt-ridden transporter Prakash Pandey. "We have just been informed that Mr Pandey passed away at Max...

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NY city leaders chart course of conflict with fossil fuel firms

NY city leaders chart course of conflict with fossil fuel firms

A lawsuit has been filed against the five largest investor-owned fossil fuel companies by New York City Mayor Bill de Blasio due to their contributions to global warming. In response to the Californ...

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Antero Resources (AR) Rating Reiterated by Morgan Stanley

Sailingstone Capital Partners Llc who had been investing in Antero Res Corp for a number of months, seems to be bullish on the $6.14 billion market cap company. from a "buy" rating to a "hold" rating ...

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Starbucks to trial paper cup charge in 25 London stores

Starbucks to trial paper cup charge in 25 London stores

MPs on the committee have suggested that the levy could lead to a 30% reduction in the use of disposable cups and generate £438 million in revenue, which could be used to fund better recycling facilit...

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Ford will Connect Cars with Bikes and Everything Else

Ford will Connect Cars with Bikes and Everything Else

With respect to traditional automobile giants, however, Ford is certainly making strides to go above and beyond its competitors. As well as piloting the vehicle technology, the tests will allow Ford...

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Revenue Approximations Analysis: Nucor Corporation (NUE), SunTrust Banks, Inc. (STI)

Eog Resources now has $65.17B valuation. The stock decreased 0.79% or $0.03 during the last trading session, reaching $3.77. Gam Ag accumulated 1,325 shares. Citigroup Inc owns 54,529 shares. Trexquan...

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Ares Capital (ARCC) Upgraded by Zacks Investment Research to Hold

About 678,800 shares traded. EMCORE Corporation (EMKR) has risen 148.03% since January 10, 2017 and is uptrending. It has underperformed by 6.98% the S&P500. A number of large investors have recently ...

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Virgin Trains to stop carrying the Daily Mail

Virgin Trains to stop carrying the Daily Mail

Virgin's memo went on to deem the newspaper "not at all compatible" with Mr. Branson's worldview. A Virgin Trains spokesperson said: "We regularly review the products we have on sale for customers...

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What the Chart Means for Pennsylvania Real Estate Investment Trust (PEI)

What the Chart Means for Pennsylvania Real Estate Investment Trust (PEI)

Two equities research analysts have rated the stock with a sell rating , one has given a hold rating and four have issued a buy rating to the company. It has underperformed by 16.70% the S&P500. ...

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NM state lawmaker seeks to block border wall

NM state lawmaker seeks to block border wall

Democrats have been pushing back against these requests, including the $18 billion the administration has requested for the wall and an additional $15 billion for additional border security expenditur...

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Capital Analysts LLC Acquires 3499 Shares of Comcast Corporation (CMCSA)

The institutional investor held 1.35M shares of the television services company at the end of 2017Q3, valued at $52.04 million, up from 934,753 at the end of the previous reported quarter. Moreover, W...

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Discovery Communications, Inc. (NASDAQ:DISCA)

Yakira Capital Management Inc, which manages about $188.00M and $300.65 million US Long portfolio, upped its stake in Viacom Inc New (NASDAQ:VIAB) by 60,428 shares to 113,970 shares, valued at $3.17 m...

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New IKEA furniture ad gives pregnant women license to pee

New IKEA furniture ad gives pregnant women license to pee

Pee on the marked area and wait a moment. Ikea usually have pretty tame ads floating around showing off their incredible furniture but they've suddenly made a decision to branch out into more ques...

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(FDX) is F&V Capital Management LLC's 2nd Largest Position

The stock decreased 1.59% or $0.735 during the last trading session, reaching $45.395. The NYSE-listed company saw a recent bid of $151.84 on volume of 1.63 million shares. It also reduced its holding...

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Baidu completes road test of driverless vehicle in Silicon Valley

Baidu completes road test of driverless vehicle in Silicon Valley

As the self-driving race continues to intensify, with trillions of dollars at stake, Chinese search engine and tech giant Baidu - the "Chinese Google" for want of a better term - has developed an Andr...

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XPO Logistics (XPO) Upgraded by Zacks Investment Research to Buy

It has underperformed by 1.29% the S&P500. Kirr Marbach & Company Llc increased its stake in Xpo Logistics Inc (XPO) by 1066.79% based on its latest 2017Q3 regulatory filing with the SEC. Therefor...

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Fate of Secret

Fate of Secret "Zuma" Satellite Unknown after SpaceX Launch

Exactly what happened? No one is saying publicly. SpaceX kicked off the 2018 launch season with a successful mission Sunday, but its Zuma payload built by Northrop Grumman (NOC) remains unus...

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Atlantic Trust Group LLC Maintains Stake in Amazon.Com INC Com

It has outperformed by 78.88% the S&P500. Pictet Bank & Trust Ltd acquired 3,107 shares as Amazon Com Inc ( AMZN)'s stock rose 13.58%. Gamble Jones Investment Counsel bought 2,097 shares as the compa...

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Direct tax mop-up at 67% of full-year target

Direct tax mop-up at 67% of full-year target

Advance tax collections on account of corporate income tax had grown 10.6 per cent, while personal advance tax had registered a growth of 38.2 per cent during the same period past year. The growth...

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FCA Rebukes Risky Spreadbet Firms For Compliance Failures

FCA Rebukes Risky Spreadbet Firms For Compliance Failures

The regulator said it discovered that 76% of retail customers who bought CFD products in the period covered by the review, July 2015 to June 2016, lost money as a result. In addition, communications p...

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Schaller Investment Group INC Maintains Position in Range Res Corp (RRC)

The hedge fund run by Michael Hintze held 1.70 million shares of the consumer services company at the end of 2017Q3, valued at $5.84M, up from 1.00 million at the end of the previous reported quarter....

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How Analysts Feel About JC Penney Company, Inc. (NYSE:JCP)?

The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The stock is a Buy among 3 brokerage firms polled by F...

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United States oil output will rise more than 10% by November 2019

United States oil output will rise more than 10% by November 2019

Energy Information Administration (EIA). Oil prices dipped on the news before recovering. The American Petroleum Institute on Tuesday, however, had reported a decline of 11.2 million barrels, a...

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UK Industrial Output Growth Improves In November

UK Industrial Output Growth Improves In November

This marks the longest run of growth for the sector since 1997 and the largest increase in output since March 2011. On a monthly basis, the sector grew by a better than expected 0.4% in November. Ma...

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Johnson & Johnson (JNJ) Stake Lowered by BARING ASSET MANAGEMENT Ltd

About 616,580 shares traded. It has underperformed by 4.16% the S&P500. OLD Point Trust & Financial Services N A increased its stake in shares of Johnson & Johnson by 2.2% in the second quarter. Hewit...

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