Tuesday June 27-th, 2017

Power outage at Delta causes flight cancellations, delays

Southwest Airlines Co forecast on Wednesday a further drop in a key profitability metric for the quarter due to delays and cancellations of more than 2,000 flights after an outage hit its computer systems in July. More than 30 flights at Orlando Inte...

Shake Shack restaurant sales disappoint, stock drops

That marks a slowdown from the 9.9 percent gain the chain posted in the prior quarter and trails the 5.4 percent increase analysts had expected, according to Consensus Metrix. As per the projections of Street analysts, the New York City, New York bas...

William Hill rejects £3.6bn takeover bid from Rank and 888

It added that the proposal therefore represented a premium of just 11% on the William Hill share price of 327 pence on August 8. The offer to Hills' shareholders consisted of 199p in cash and 0.725% per share in the new entity, which would have given...

Bank of England Carney's bond-buying peashooter seen having bazooka-sized impact

The Bank will have to make up the shortfall at a later date to fulfil its recently announced QE plans. Sterling fell below $1.30 against the United States dollar and €1.17 versus the euro for the first time in four weeks, after data released by t...

Some in New Mexico GOP going with Libertarian Gary Johnson

You knew this was coming, and the political world didn't disappoint: on Day 1 of the Rio Games, the Olympics have become political football in the United States presidential race. Others have applauded Trump for speaking out about immigration. Acco...

Dumont Blake Investment Advisors Lowers stake in Coach Inc (COH) Dumont Blake Investment Advisors Lowers stake in Coach Inc (COH)

Twitter Inc (NYSE:TWTR) now has mean rating of 3.0 while 7 analyst have recommended the shares as "BUY", 4 commented as "OUTPERFORM" and 23 commented as "HOLD". North America outlet stores, which have been hurt by a pullback in tourist spending, pos...

Health, tech stocks power S&P, Nasdaq to record highs

The Dow Jones Industrial Average was also flat at 18,533, with DuPont (DD) emerging as the biggest loser on the benchmark, and Walt Disney Company (DIS) its biggest victor. The stock gave the second-biggest boost to the Nasdaq after Apple's 0.4 p...

Judge may cut ex-Illinois Gov. Blagojevich's prison term Judge may cut ex-Illinois Gov. Blagojevich's prison term

Blagojevich appeared before the court wearing a Navy blue prison outfit and wept when his daughters took the stand to speak on his behalf. Judge Zagel ignored pleas for leniency from Blagojevich's wife and daughters in making the ruling. In 2011, B...

OPEC oil ministers to meet informally in September OPEC oil ministers to meet informally in September

Crude oil prices have been rising since the Energy Information Administration reported a higher than expected fall in gasoline stockpiles, while traders and analysts are considering the rally to be short-lived. The Organisation of Petroleum Exporting...

GST good but tax rate should not exceed 18%: Rahul Gandhi

If 18% is the GST rate, then the provincial governments and the Central government will get 9% each. Recalling the discussions and parleys on the Goods and Services Tax, the Prime Minister said that he had invited both Congress supremo Sonia Gandhi...

NY, other states reach $100M settlement with Barclays Bank NY, other states reach $100M settlement with Barclays Bank

It was among a panel of 16 banks that made submissions that were supposed to reflect borrowing rates for the London Interbank Offered Rate for the US dollar. The Attorney General's Office benefits from the information and evidence provided by corpora...

Analyst Rating Update on Cognizant Technology Solutions Corporation (CTSH)

Net income of Cognizant was $252.4 million compared to $420.1 million in the second quarter of 2015. LS Investment Advisors LLC increased its stake in Cognizant Technology Solutions Corp .by 0.3% in the second quarter. The forecast implies that Cogn...

OPEC To Hold Informal Talks In Algeria; Output Freeze In Future?

Russia's dollar-denominated RTS share index was up 1.1 percent to 945 points, while the rouble-based MICEX was 0.3 percent higher at 1,950 points. Members of Opec always meant to discuss the oil market and potential cooperation with other producers...

Gas prices down 6 cents nationally to $2.16 a gallon Gas prices down 6 cents nationally to $2.16 a gallon

SC has the lowest average gas price among states in the continental U.S.at $1.82 a gallon and California the highest at $2.68. SC ($1.81) and Alabama ($1.86) remain the most cheap states in which to purchase gas, while Hawaii ($2.73) and Californ...

Pennsylvania bride given away by man who got her dad's heart Pennsylvania bride given away by man who got her dad's heart

Jeni Stepien waited 10 years for this day. Emotions ran high when Stepien's family and a group of reporters watched her listen to Thomas' heartbeat. The bride immediately embraced the man and heard a familiar sound, her father's heart. "The whole...

United States adds 255000 jobs in July, surpassing expectations United States adds 255000 jobs in July, surpassing expectations

May payrolls were revised up to 24,000 from the previously reported 11,000. This month's revisions bring the three-month average to 190,000 jobs added per month. Still, while the July new jobs number came in well over the forecasted 179,000, the ...

Bank spells out chance of further rate cut this year Bank spells out chance of further rate cut this year

Thursday's decision underscored the bank's concern about an economy that has taken a sharp turn lower since the vote to leave the European Union, which creates uncertainties for businesses about the country's future trade relations with the rest of...

1st U.S. law enforcement officer charged in terror sting

Nicholas Young , 36, had worked for Washington's Metro Transit Police Department since 2003, the Department of Justice said in a statement . Nicholas Young , 36, is the first USA police officer to face a terror-related charge. "Obviously, the all...

Ex-SEAL in fatal Tesla crash using autopilot was speeding

Mobileye's current system relies heavily on a single camera, but its next-gen system will fuse data from other sensors, notably LIDAR, the laser-imaging system that Google cars use and that most automakers are experimenting with now. Tesla and Mobi...

US Adds 255000 Jobs in July; Unemployment Rate Steady at 4.9% US Adds 255000 Jobs in July; Unemployment Rate Steady at 4.9%

USA employers added 255,000 jobs in July, a sign of confidence in the economy that economists say will likely ease concerns over evidence of weak growth. Through the first seven months of 2016, IT sector employment has increased by 47,100 jobs and st...

Oil prices extend gains from previous session

Oil prices dipped slightly in NY on Friday as the USA dollar rose on exchange markets following robust hiring numbers from the United States government. DoE figures released last week showed that during the summer driving season, when demand tends to...

Uber's Chinese rival acquiring company's China operations

A bitter two-year battle to become China's biggest taxi firm has finally ended with a £26bn deal between Uber and rival Didi Chuxing. The announcement Monday marks the latest foreign technology brand to tie up with a local partner in the face of ...

NextEra Energy Inc, Energy Future Shake Hands On Oncor Electric Delivery Company NextEra Energy Inc, Energy Future Shake Hands On Oncor Electric Delivery Company

Oncor is widely considered as EFH's most valuable asset and has been on the auction block since the holding company tumbled into bankruptcy in 2014 . Bidding had been robust for Oncor, with interest from energy companies and others including Berksh...

Mobile and video drive Alphabet Q2 profits skyward

Although Alphabet CEO Larry Page has repeatedly told investors to expect big money to be wagered on Other Bets, the company has been reining in expenses since hiring Wall Street veteran Ruth Porat as its chief financial officer 14 months ago.

Dayashankar's Wife Files FIR Against Mayawati, BSP Dayashankar's Wife Files FIR Against Mayawati, BSP

Swati also demanded an answer from Mayawati as to why she was not taking any action against BSP leader Nassemuddin Siddiqui who made derogatory remarks against Dayashankar Singh's family members. This is the second FIR filed by Dayashankar's family a...

Govt reaches out to Oppn to ensure GST Bill's passage Govt reaches out to Oppn to ensure GST Bill's passage

The five parties have asked the Centre to ensure that there is a mechanism for allowing states to raise their revenue after the GST Bill comes in place. We, state finance ministers, have empowered our chairman Amit Mitra to discuss with government of...

Hillary Clinton delivers Democratic nomination speech tonight

Obama got as close to a literal hand-off as possible, with Clinton joining him on-stage as soon as he finished his speech. Arriving on stage to U2's City of Blinding Lights , the Democratic president portrayed the dark rhetoric and sombre themes o...

Sales of new homes hit 8-year high in June Sales of new homes hit 8-year high in June

The median sales price of new homes sold last month was $306,700, up from $288,800 in May. That would likely have been higher if not for the steep monthly declines in the pricier Northeast and Western regions. Robert Denk, assistant vice president fo...

'Star Trek Beyond' takes box office out of this world

The original Star Trek reboot in 2009 garnered an impressive $75.2 million (£57.2 million), while 2013's Star Trek Into Darkness opened with $70.2 million (£54.4 million). Americans may be losing interest in the " Ice Age " characters, but the series...

Subscriber additions drive T-Mobile's revenue, profit beat Subscriber additions drive T-Mobile's revenue, profit beat

As of June 30, 2016, the total customer base of T-Mobile was 67.384 million, up 14.4% year over year. July 27 (Reuters) - T-Mobile US Inc's quarterly revenue and profit beat analysts' estimates as heavy promotions helped the No.3 USA wireless car...

Most lanes on Tappan Zee Bridge open following crane collapse Most lanes on Tappan Zee Bridge open following crane collapse

A construction crane is sprawled across lanes in both directions after collapsing on the Tappan Zee Bridge, Tuesday July 19, 2016, in NY. In addition to fix crews, investigators will be focusing on what exactly caused the crane to suddenly topple o...

The Impossible Burger is a veggie patty worth root-ing The Impossible Burger is a veggie patty worth root-ing

The result is a compound made from water, wheat protein, coconut oil, potato protein, xanthan gum and a substance called leghemoglobin (found in the roots of certain bean stalks) that simulates the chemical structure of beef. It'll clock in at an aff...

Sprint Loss Widens, Posts Record Q1 Subscriber Growth Sprint Loss Widens, Posts Record Q1 Subscriber Growth

OMERS ADMINISTRATION Corp acquired a new position in shares of Sprint Corp . during the first quarter valued at approximately $205,000. J.P. Morgan declared that it has been designated as depositary bank for LINE Corporation's ("LINE" or the "Comp...

Amazon launches Prime loyalty program in India Amazon launches Prime loyalty program in India

A popular service in markets such as the U.S. and the UK, Amazon Prime promises to deliver products ordered to member customers within a day or two. F-Assured will seek to counter Amazon's Prime priority subscription service. Not all products are...

Australia inflation eases to 17-year low Australia inflation eases to 17-year low

Since the inflation target was first adopted back in 1993, Australia's average inflation rate has been around 2.5 per cent -bang in the centre of its target. The yield on the benchmark 10-year Treasury note, which moves inversely to its price, rose...

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