investorschatroom.com

Finance

No last ditch deal for Alitalia as Etihad backs Board decision

The deal would have laid off some 980 employees instead of 1,338 firstly proposed by the company, and cut wages of flight crews by 8 percent. The airline said after a board meeting it would "start preparing the procedures provided by law" and a person close to the company said the board would seek shareholder approval to request the appointment of a special administrator.

Finance

PulteGroup, Inc. (PHM) Rating Reiterated by Wedbush

Sometimes, we can understand most about a stock by simply looking at how it has been trading. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward. Based on an average daily volume of 4,701,575 shares, the days-to-cover ratio is now 4.3 days. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range.

Finance

Democratic Illinois House OKs Public Funding for Abortions

Wade . "Women should have access to safe, legal and accessible abortion no matter what their insurance is", said Chicago Democratic Rep. Sara Feigenholtz, the proposal's sponsor, in closing the floor debate. "Only an arrogant billionaire who thinks he's accountable to no one, would say the liberty of half the people of our state is a distraction". "Should it come from cancer screenings?" The Illinois General Assembly is back in Springfield and is heading into the final six weeks of its ...

Finance

United Airlines Changes Policy After Doctor Dragged Off Flight

United has continued to face fallout since videos of Dao screaming as he was dragged off Flight 3411 went viral on social media. The airline said the change to its employee booking policy was an initial step as it reviewed policies to " deliver the best customer experience ".

Finance

United States to impose 20 pct duties on Canadian softwood lumber-Ross

Trump has directed nearly all of his NAFTA criticism at Mexico, which makes this decision even more surprising. All other Canadian producers face a 19.88 percent duty, according to the document. Canadian leaders also criticized the move. Premier Christy Clark stepped away from the campaign trail Monday night to talk about a USA decision to begin charging duty on Canadian softwood lumber exports.

Finance

Tesla Is Doubling Its Charging Network

Tesla Inc (NASDAQ:TSLA) on Monday said it double the size of its vehicle charging network this year, as it seeks to provide owners with more convenient locations to charge their electric vehicles. With its Model 3's reveal a year ago, the company had already said it would build out the network, but a recent blog post now outlines a scenario of Supercharger stations with "several dozen" charging units each and "customer centers" and more charging locations than originally forecast.

Finance

Dortmund bus attack suspect bet against the team

Prosecution spokeswoman Frauke Koehler said police financial experts were still calculating how much he could have hoped to gain, while Bild newspaper put the potential gains in the millions. The alleged bomber will appear in court Friday, where prosecutors will determine whether they have enough evidence to continue holding him. He would have profited from the transaction if the price for shares of the team fell.

Finance

Trump prepared to be tough on trade

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Janet Yellen were representing the United States at the discussions. The anti-globalization backlash has also shown up in Europe, playing a factor in last summer's vote in Britain to exit the European Union, and also in the election campaigns in other countries including this Sunday's vote for president in France.

Finance

Trump to sign measures to review financial regulation

Mnuchin said Trump's tax priorities are to simplify personal taxes, create middle-class tax cuts and make business taxes competitive. "I appreciate the president's leadership and strong commitment to comprehensive tax reform", House Ways and Means Committee Chairman Kevin Brady said in a statement.

Finance

United Kingdom set for first full day without coal power

Reuters adds that past year, natural gas accounted for 42 percent of the country's electricity, with renewable and nuclear energy making up 45. This is part of the UK's commitment to phasing out the heavily polluting fossil fuel as part of its initiative to meet its climate targets, which now are to cut carbon emissions by at least 80 percent by 2050.

Finance

Apparel retailer Bebe Stores says to shut all stores

Bebe had 180 retail stores as of December 31, 2016, according to the filings. As of mid-April, nine major retailers had filed for bankruptcy. Bebe's fortunes seemed to revive somewhat later that year after naming retail veteran and Jackson Hole Group founder Jim Wigget as CEO, but the company struggled to gain traction, and Wigget stepped down early last year.

Finance

No One Is Getting Fired Over Passenger Dragging Incident, Says United CEO

It's too soon to say whether the incident has affected customers' willingness to travel with United, particularly since it happened during the week before Easter, when the airline typically sees fewer passengers, executives said. has supported him. His lawyer said the 69-year-old man suffered a broken nose, concussion and other injuries when he was removed from the flight. The airline had already said it would change policies to never have law enforcement called to remove a passenger unless ...

Finance

Yahoo Posts Profit Ahead Of Verizon Takeover

Receive Yahoo! Inc. with MarketBeat.com's FREE daily email newsletter . Different analysts and financial institutions use various valuation methods and consider different economic forces when deciding on a price target . (YHOO) could bring EPS of $0.21/share. Its positive surprise percentage ranged between 19.0 percent and 42.9 percent while the negative surprise percentage was ten.

Finance

Snapchat ratings plummet following alleged CEO comments on 'poor countries'

The Guardian said Pompliano was suing Snapchat for apparently destroying his career and reputation by firing him after just three weeks with the company. An alleged remark by Snapchat CEO Evan Spiegel on stereotyping India led to social unrest in the country, creating troubles for the app maker.

Finance

Snapchat CEO said India "too poor" to consider expansion

As per the latest reports by Variety quoting Snap's attorneys, Pompliano, the ex-employee knows exactly nothing about Snap's current metrics and he and his lawyers are just making things up. While Snapchat is a trending social media platform among Indians, Evan Spiegel, CEO of Snapchat feels India is "too poor" to consider expansion of its user base.

Finance

Here's how to correctly file an IRS tax extension

Check (and recheck) to make sure you have all the documentation you need . There is no need to file a separate Form 4868 when making an electronic payment and indicating it is for an extension. The last date for tax filing for your state is the same as the federal deadline: April 18. Taxpayers in Presidentially-declared disaster areas, members of the military serving in a combat zone and Americans living and working overseas get extra time to both file their returns and pay any taxes due.

Finance

Trump signs repeal of US broadband privacy rules

He added that " AT&T's privacy protections are the same today as they were five months ago when the FCC rules were adopted", and offered a link to the company's privacy policy page that clearly states: "We will not sell your personal information to anyone, for any goal".

Finance

Train stuck in tunnel 3 hours, latest New York area rail woe

Trains were still using one track between NY and New Jersey when the commotion broke out. A man in the Amtrak waiting area of the station had become belligerent and Amtrak police used a Taser on him, authorities said. NJ Transit says trains in and out of NY are seeing delays of up to 90 minutes. WATCH THE SUSPECT'S ARREST In the midst of the chaos, some people overheard a false rumor that there was an active shooter in the terminal sparking a frenzied domino effect all the way to the NJ ...

Finance

BlackBerry Limited (NASDAQ:BBRY) Experiencing Unusual Activity Mid-day

What's more, Canaccord Genuity increased its price target on BBRY to $9.50 from $8.00, saying the settlement will "bolster BlackBerry's balance sheet and increase the likelihood of acquisitions to augment growth". The company now has a consensus rating of "Hold" and a consensus price target of $8.49. Public Sector Pension Investment Board now owns 837,319 shares of the smartphone producer's stock worth $5,769,000 after buying an additional 34,100 shares in the last quarter.

Finance

Equity in Focus: Vornado Realty Trust (NYSE:VNO)

Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. (NYSE:EDR). Employees Retirement System Of Texas stated it has 0.13% of its portfolio in Education Realty Trust , Inc. Fred's, Inc.is engaged in the sale of general merchandise through its retail discount stores and full service pharmacies.

Finance

LeEco acquisition of Vizio has been cancelled

The deal was first announced last summer during an extensive press event, but eventually, things fell through and the deal couldn't be progressed. LeEco was to acquire 49% of Vizio for $2 million, a deal quickly slowed down by Chinese domestic restrictions regarding the "movement of capital".

Finance

KFC commits to chicken without human antibiotics

KFC, the Yum Brands Inc. chicken chain, said Friday that it has committed to purchasing chicken raised without antibiotics important to humans by the end of 2018. everybody", Matthew Wellington, program director for U.S. PIRG's antibiotics program, said in a press release . It should also open the door for smaller chains to follow KFC's move, he told Reuters .

Finance

Tramaine Brock arrested in domestic violence case, released

According to police, they responded to an incident just after 9:30 p.m. on Thursday, and when they arrived, they found an adult female who had visible injuries. The arrest adds to an array of violent and domestic-violence arrests involving 49er players over the past few years, most notably Ray McDonald, Aldon Smith, Bruce Miller , Brooks and Chris Culliver, almost all of whom are no longer with the team.

Finance

Gov Brown lifts California drought emergency, except in some Valley Counties

In April 2015, when the state's snowpack hit its lowest since 1950 at 5 percent of its historic average, Brown stood on a dry mountain that was normally blanketed in snow at that time of year and ordered urban areas to reduce water use by 25 percent.

Finance

Alabama governor could face charges after ethics panel ruling

Bentley was photographed by the Montgomery Advertiser leaving the Ethics Commission building several hours into the hearing that holds high stakes for his political and legal future. The commission did not release the report that served as the basis for its decision, but said it will be forwarded to prosecutors. Ziegler said he will be present as a complainant and a potential witness.

Finance

Boeing signs $3B deal with Iran airline, a first under Trump

BA also says that it will be seeking approval from the Office of Foreign Assets Control to perform under this transaction. US airline manufacturer Boeing announced on Tuesday that it had reached a memorandum of understanding with Iran guaranteeing the sale of up to 60 planes pending review by the Trump administration.

Finance

Pink diamond auctioned for record $71.2 million in Hong Kong

A huge diamond known as the "Pink Star" may break records Tuesday to become the most expensive diamond ever sold at auction . Its predecessor was the Pink Graff, which auctioned in November 2010 for a mere $46.16 million. Sotheby's did their homework this time to avoid another hiccup. Pink diamonds get their color from a process called plastic deformation, which creates defects in the diamond's atomic structure by rearranging the carbon atoms and altering the way light is absorbed and ...

Finance

EU says Assad must protect, not attack Syrians

The New York-based Human Rights Watch has accused the Syrian government of conducting at least eight chemical attacks using chlorine gas on opposition-controlled residential areas during the final months in the battle for Aleppo past year that killed at least nine civilians and injured 200.

Finance

Trump's trust lets him take money at any time

This allows Trump to withdraw money from his more than 400 businesses and, in theory, never notify the American people. A separate provision says the trustees "shall not provide any report to Donald J. The president won't be required to file another financial disclosure form until May 2018, but that filing doesn't actually require him to list his profits.

Finance

Federer denies Kyrgios in thriller

The 21-year-old was booed throughout as Federer won their last-four thriller 7-6 (11-9) 6-7 (9-11) 7-6 (7-5) on Friday. Nadal, who has never who won the Miami title, will face the victor of yesterday's second semi-final between twice champion Federer, the fourth seed, and the 12th-seeded Australian Nick Kyrgios .

Finance

South African opposition parties aim at President Jacob Zuma

As a outcome, of the above uncertainties, as well as others that we have anticipated - such as normalisation of interest rates in the United States, Trump's more dramatic policy action and the likelihood of a ratings downgrade for South Africa - we have adopted a conservative stance in our portfolio construction and sought the greatest possible diversification to mitigate risk in each solution.

Finance

Key findings from the AP-NORC poll on President Donald Trump

The Associated Press-NORC Center for Public Affairs Research survey released on Thursday shows, however, that Americans are more upbeat on Trump's handling of the economy: 50 percent approve and 48 percent disapprove. Republicans (79%) and Independents (66%) are more likely than Democrats (43%) to say that traditional outlets report fake news , but a majority of all three groups feel that online news sites intentionally publish fake news .

Finance

Pound takes Article 50 in its stride and holds steady — FX Focus

It also dropped 0.49 per cent against the USA dollar to $1.239. His concerns have only been reinforced by questions over whether Mr Trump will be able to deliver the tax cuts and infrastructure boom that enthused markets. Brent Crude rose 15 cents to $51.48 in early trading as the Organisation of the Petroleum Exporting Countries (OPEC) suggested it could extend output cuts to the end of the year.

Finance

Lululemon shares nosedive 17%

Now the shares of Lululemon Athletica Inc. ATR value of company was 1.44. Gold prices dropped by nearly 1%, which sent the highly leveraged Direxion Daily Gold Miners Bull 3X ETF (NYSEMKT: NUGT) down almost 5%. Dividend information for Lululemon Athletica inc . (NASDAQ:LULU) on Friday, September 2 with "Hold" rating. Analysts expected EPS of $1.01. Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment ...

Finance

Jobs go as top firm shakes things up

Seven stock portfolio managers are among several dozen employees who are expected to go as part of the revamp, a person familiar with the matter said . The "repositioning" of funds will impact $30bn of the firm's assets under management, 11% of its total active equity AUM, and fees will be cut. Products managed outside the USA won't be affected.

Finance

G20 fails to agree anti-protectionism global trade position after USA pressure

German Finance Minister Wolfgang Schaeuble speaks during a news conference during the G20 finance ministers meeting in Baden-Baden, southern Germany, Saturday, March 18, 2017 . The threat of new protectionist policies and border taxes from the White House have created headaches for countries that rely on America for trade.

Finance

Lenders to face foreign investment scenario in Bank of England stress test

The central bank said that lending standards "should be monitored closely" and that the BOE's bank-supervisory arm has launched a review to examine lenders' practices. Britain's biggest lenders will have to prove they are able to withstand a sharp slowdown in foreign appetite for United Kingdom assets as part of the Bank of England's toughest stress test scenario to date.

Finance

Judge considering plan on fix for 18000 Flint water lines

The state will also reserve an additional $10 million for the job. Earn 1 CPE credit and learn about the expansion of risk management in government with analysis from GAO and Justice OIG. Jones, who like many Flint residents has used free, city-supplied bottled water and tap filters for months, tires of waiting for water quality to improve.

Finance

Iranian President In Moscow For Arms, Energy Talks

Rouhani arrived in Moscow on March 27 on a two-day visit at the official invitation of his Russian counterpart Vladimir Putin . The two will discuss various topics such as the war in Syria and the cooperation between the two countries in the energy sector.

Finance

Trump Will Sign Executive Order To Undo Obama Power Plant Regulations

On Sunday, EPA Administrator Scott Pruitt confirmed Trump would be signing the "energy independence" executive order Tuesday. Defunding was suggested in the 2018 budget proposals. "Global warming is not a Democratic issue or a Republican issue", he said. We can create more than 5 million new jobs (Stanford University's solutionproject.org) by making fossil fuel corporations pay for their pollution with a carbon tax that's paid directly to taxpayers, not by them, in equal monthly dividend ...