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Finance

As a public company, GoPro has achieved greater global visibility and established a strong customer base for its cameras and subscription service, Woodman said. GoPro is cutting more than 250 jobs and leaving the drone industry in an attempt to return to profitability by the second half of this year. GoPro wasted little time Monday confirming what many had expected about the sport-camera maker, and said it will slash its workforce and admitting that its effort to get into the drone ...
  • Blockbuster Holiday Spending on Apple's App Store Bodes Well for Services Business

    Finance

    Apple's App Store revenue has skyrocketed in the last five years. Sensor Tower's numbers are in alignment with Apple's own figures, announced yesterday . iOS apps will ask you during installation, while Android apps should ask the first time they launch. While multiple studies have found that a majority of USA consumers today download zero apps per month on average , this growth rate points to the fact that there's a lot of potential for new downloads in these emerging markets.
  • Walt Disney (DIS) Cut to "Hold" at Vetr

    Finance

    Its down 6.17% from 23.45M shares previously. Walt Disney Co ( NYSE DIS ) opened at $111.62 on Friday. It has underperformed by 7.44% the S&P500. Campbell & Company Investment Adviser Llc increased its stake in Goldcorp Inc New (GG) by 265.65% based on its latest 2017Q3 regulatory filing with the SEC.
  • Planes collide on Toronto airport tarmac; fire prompts evacuation

    Planes collide on Toronto airport tarmac; fire prompts evacuation

    Finance

    A WestJet flight arriving from Cancun was carrying 168 passengers and six crew onboard when a Sunwing plane carrying no passengers or crew backed into it, according to the CBC . She only realised how serious the situation had been once she was out of the plane. Emergency crews were on hand and responded immediately, she said.
  • Apple Inc. (AAPL) is Saratoga Research & Investment Management's Largest Position

    Finance

    Elm Ridge Management Llc who had been investing in American Intl Group Inc for a number of months, seems to be less bullish one the $54.52B market cap company. The rating was maintained by Piper Jaffray on Monday, July 10 with "Buy". Qs Llc holds 0.69% of its portfolio in Apple Inc. Bernstein maintained the stock with "Outperform" rating in Tuesday, March 21 report.
  • Oppenheimer Issues a Downgrade on Synergy Pharmaceuticals (NASDAQ:SGYP) Shares. What's Next?

    Oppenheimer Issues a Downgrade on Synergy Pharmaceuticals (NASDAQ:SGYP) Shares. What's Next?

    Finance

    The 6 analysts offering 12-month price forecasts for Synergy Pharmaceuticals Inc have a median target of 7.00, with a high estimate of 13.00 and a low estimate of 2.35. First Tru Advsr Ltd Partnership, a Illinois-based fund reported 13,210 shares. Natl Bank Of New York Mellon Corporation owns 1.17M shares. Benjamin F Edwards Communication has invested 0% in Synergy Pharmaceuticals Inc .
  • AT&T to Launch Mobile 5G Wireless Phone Service by Late 2018

    Finance

    Verizon has selected Samsung as a supplier for its nascent 5G service, due to be launched in the second half of the year. With a download speed of 10 gigabits per second, 5G service will be 10 to 100 times faster than 4G, and its communication capacity is expected to be more than 1,000 times greater.
  • Plains All American Pipeline (PAA) Coverage Initiated at Credit Suisse Group

    Finance

    The company has market cap of $12.74 billion. ( PAA ) ended its last session at $22.35 by Surging 0.36%. About 2.80M shares traded. Plains All American Pipeline (NYSE:PAA) opened at $22.29 on Thursday. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys has 3.55 million shares for 1.11% of their portfolio. Susquehanna International Grp Incorporated Limited Liability Partnership holds 0% in Plains All American Pipeline, L.P.
  • JFS Wealth Advisors LLC Acquires 750 Shares of Chevron Corporation (CVX)

    Finance

    Sterling Construction Company, Inc. Microsemi Corporation (NASDAQ:MSCC) has risen 52.60% since January 6, 2017 and is uptrending. It has outperformed by 0.48% the S&P500. Also, VP R. Hewitt Pate sold 25,500 shares of Chevron stock in a transaction on Monday, October 16th. On Wednesday, August 16 Deily Linnet F sold $248,274 worth of Chevron Corporation (NYSE:CVX) or 2,312 shares.
  • Noble (NE) Given a $6.00 Price Target at Jefferies Group

    Finance

    Majedie Asset Management Ltd sold 15,987 shares as the company's stock declined 15.68% while stock markets rallied. The stock decreased 1.23% or $0.39 during the last trading session, reaching $31.33. (NYSE:PLD) or 161,095 shares. Sun Life Fincl holds 0.01% or 467 shares. According to their observations and findings, the stock could provide a high EPS of $-0.25/share and a low EPS of $-0.48/share.
  • Girl Scout Cookie Season has begun!

    Girl Scout Cookie Season has begun!

    Finance

    Three regions of Girl Scouts held their annual cookie rally at Jeff's Catering in Brewer Saturday morning. Thin Mints, Tagalongs, Samoas , and all the other classic flavors are back on deck. Councils use cookie earnings to power fantastic experiences for girls through their programming, while girls and their troops decide how to invest in impactful community projects, personal enrichment opportunities and more.
  • Airliner makes emergency landing at NYC's Kennedy airport

    Airliner makes emergency landing at NYC's Kennedy airport

    Finance

    State media of Kuwait reported that all passengers were safe and were shifted to a hotel until further notification about their depature from the United States (US). Ground transportation was then arranged for the affected passengers to NY. In one case, passengers had flown a 14 hour flight from China only to arrive and sit on the tarmac for almost seven more hours waiting for a gate.
  • CVS Health Corp (CVS) Shares Sold by Parsons Capital Management Inc

    Finance

    It has underperformed by 41.10% the S&P500. Wilsey Asset Management Inc increased its stake in Intel Corp (INTC) by 13.26% based on its latest 2017Q3 regulatory filing with the SEC. Farmers reported 0.08% stake. Veritable Ltd Partnership holds 0.09% or 54,659 shares. After $1.50 actual earnings per share reported by CVS Health Corporation for the previous quarter, Wall Street now forecasts 26.67% EPS growth.
  • Ripple CEO: Overnight price drop part of early-stage volatility

    Finance

    Really, the story was about everything else not named bitcoin . Ripple , or XRP, now has a market capitalisation of United States dollars 122.7 billion and remains solidly in second place to bitcoin , which has a market value of about USD 251 billion, the website showed.
  • Calamos Advisors LLC Increases Position in General Electric (GE)

    Finance

    About 79.88 million shares traded. Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 11 Hold. It has outperformed by 15.70% the S&P500. On Wednesday, October 25 the stock rating was maintained by UBS with "Sell". Morgan Stanley maintained the shares of GE in report on Tuesday, July 25 with "Equal-Weight" rating.
  • Stock in Active Zone: The Charles Schwab Corporation (SCHW)

    Finance

    LLC now owns 4,450 shares of the financial services provider's stock valued at $191,000 after buying an additional 200 shares during the last quarter. (NASDAQ:PENN). Comerica Bancorporation invested in 0.01% or 74,817 shares. The company is estimated to report earnings on Oct 16. Since the start of 2018, shares have surged even more, as the company is expected to benefit from the sweeping tax reform bill that was signed into law before Christmas by President Donald Trump.
  • Express Scripts Holding Company (NASDAQ:ESRX)

    Finance

    It has underperformed by 33.62% the S&P500. (MRK) by 21.95% based on its latest 2017Q3 regulatory filing with the SEC. Following the completion of the sale, the vice president now directly owns 87,400 shares of the company's stock, valued at approximately $6,124,992.
  • People Are Now Petitioning to Stop Sony's Slender Man Movie

    People Are Now Petitioning to Stop Sony's Slender Man Movie

    Finance

    Fortunately, Leutner survived after she managed to crawl out of the woods and was found by a passing bicyclist. The film is due in cinemas May 18th. "People don't just disappear". Weier's daughter, now 16, was sentenced to 25 years in a mental institution last month, the maximum punishment possible. "It's popularising a tragedy is what it's doing.
  • Highly Traded Stock: United Parcel Service, Inc. (NYSE:UPS)

    Finance

    It has outperformed by 9.45% the S&P500. Park National Corp increased United Parcel Service Inc Clas ( UPS ) stake by 2.73% reported in 2017Q3 SEC filing. Zacks Investment Research lowered United Parcel Service from a "hold" rating to a "sell" rating in a research report on Wednesday, September 28th. Therefore 40% are positive.
  • Ethereum hits new high, soaring above $1000 for first time

    Ethereum hits new high, soaring above $1000 for first time

    Finance

    Until recently, it frequently comprised 60% to 80% of the aggregate virtual coin market cap . Ripple's meteoric rise at the turn of the year has led to the cryptocurrency capturing widespread interest. "Thirdly, the XRP token is not vital for the Ripple network, which could survive without XRP". Ripple is pre-mined, with one hundred billion units in existence, twenty billion of which are retained by the creators of the currency.
  • United States job growth remains solid in December

    United States job growth remains solid in December

    Finance

    In 2017, payroll employment growth totaled 2.1 million, compared with a gain of 2.2 million in 2016. ADP said employment in the private sector surged up by 250,000 jobs in December after climbing by a downwardly revised 185,000 jobs in November.
  • Intel bug affecting Apple and Microsoft PCs, spreads to Android devices

    Intel bug affecting Apple and Microsoft PCs, spreads to Android devices

    Finance

    In some cases, it may take time for security updates to be delivered to systems, particularly for devices that have been turned off or not connected to the Internet (offline). We're aware of this industry-wide issue and have been working closely with chip manufacturers to develop and test mitigations to protect our customers.
  • Google discovers 'serious' flaws in Intel and other chips

    Finance

    Google says it also affects other processors and the devices and operating systems running them. The scramble to harden a broad array of devices comes after researchers found two significant vulnerabilities within modern computing hardware, one of which can not be fully resolved as of yet.
  • Two planes collided at Toronto Pearson Airport

    Finance

    Sunwing, part of the privately held Sunwing Travel Group, said there were no passengers or crew onboard its plane at the time of the collision, and that the aircraft was being towed by ground handler Swissport International Ltd. Emergency crews were on hand and responded immediately, she said. One member of the airport's fire and emergency service was injured and taken to a hospital for treatment, an airport spokesperson said in an email to NBC News.
  • Hong Kong PMI improves in December

    Hong Kong PMI improves in December

    Finance

    But these bright spots failed to inspire a cheerier outlook from firms, with the balance of companies expecting a boost to output levels in 2018 proving one of the weakest for four-and-a-half years. Any reading over 50 shows growth, and this is the second-highest score since last April. Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics, said: "The construction sector ended 2017 on a weak note, and it likely will continue to struggle in 2018".
  • How to dispose of your Christmas tree in Lincolnshire

    How to dispose of your Christmas tree in Lincolnshire

    Finance

    If you are in a private Reston cluster, check with your cluster board or trash service provider to find out specifics for your neighborhood. Properties in the French Quarter or in the Downtown Development District served by Empire Services should place Christmas trees curbside before 4 a.m.
  • Flight to Hong Kong diverted to Anchorage

    Flight to Hong Kong diverted to Anchorage

    Finance

    He wasn't combative with anyone and was in his seat when the flight landed in Alaska. The flight was en route to Hong Kong from Chicago. The man had cooperated with flight attendants in the Boeing 777. Authorities announced that the alleged perpetrator has been taken to Providence Hospital to undergo a psychological evaluation and no charges have been placed at this time.
  • Nissan's new vehicle is capable of READING YOUR MIND

    Nissan's new vehicle is capable of READING YOUR MIND

    Finance

    Nissan says the technology will use a special headset worn by the driver to monitor brain signs, and can also be used if and when a auto is in autonomous mode - changing in-car comfort settings if it senses discomfort. In a self-driving vehicle, the system would be able to evaluate the driver's mood and then adjust the driving style or cabin ambience to suit. Nissan will present this new and exclusive technology at the Consumer Electronics Show in 2018 in Las Vegas.
  • 2018 kicks off with highest national gas prices since 2014

    2018 kicks off with highest national gas prices since 2014

    Finance

    At $2.49, the national gas price average is the most expensive seen at the start of a new year since 2014, when gas prices were more than $3/gallon. In 2017, the forecast called for a yearly national average of $2.49 and the actual was $2.39. "Variables to the direction of gas prices are also likely to be influenced by fiscal and monetary policies, such as government budgetary moves in the area of taxation and the decisions of central banks, like the U.S.
  • Alibaba Group Holding Ltd (BABA) Earns Outperform Rating from Robert W. Baird

    Finance

    The stock increased 1.63% or $3.02 during the last trading session, reaching $188.73. About 851,882 shares traded. Northwest Bancshares, Inc. (NWBI) has risen 6.88% since January 5, 2017 and is uptrending. Let's take a look at how the stock has been performing recently. BABA has been the subject of several recent research reports. Wedbush maintained the shares of BABA in report on Friday, January 29 with "Neutral" rating.
  • Stocks Views And Recommendations: Cisco Systems, Inc. (CSCO), Square, Inc. (SQ)

    Stocks Views And Recommendations: Cisco Systems, Inc. (CSCO), Square, Inc. (SQ)

    Finance

    The Home Depot, Inc. Square, Inc. (NYSE:SQ) earnings have declined with a quarterly rate of 0% over the last 5 years. It has outperformed by 1.95% the S&P500. Bridges Inv Counsel reported 0.52% stake. (NYSE:JNPR). Grantham Mayo Van Otterloo Company Limited Liability Company stated it has 0.06% of its portfolio in Juniper Networks, Inc.
  • The Danaher Corporation (DHR) Director Walter G. Lohr Sells 10578 Shares

    Finance

    Fdx Advisors reported 0.09% of its portfolio in Danaher Corporation (NYSE: DHR ). The firm owned 1,332,078 shares of the conglomerate's stock after purchasing an additional 71,079 shares during the quarter. Since August 31, 2017, it had 0 insider purchases, and 4 sales for $13.63 million activity. Insiders sold 273,810 shares of company stock worth $25,218,813 in the last ninety days.
  • Safety Experts Say Avoid Romaine Lettuce If You're Not Into E. Coli

    Finance

    The CDC's statement on December 28 cited the Canadian officials' identification of romaine lettuce as the cause of the outbreak, but added that US officials had not yet made that determination. In the mean time, the Public Health Agency of Canada (PHAC) continues its warning against consuming romaine lettuce. Keep in mind that the United States is still investigating and can't say with 100 percent certainty that romaine lettuce is the cause of the infection here.
  • Geoff Johns Has A Message for DC Films' New President

    Geoff Johns Has A Message for DC Films' New President

    Finance

    Berg became a production partner with Roy Lee , the producer of " The Lego Movie " and "It", who has a deal on the lot. And though Justice League made some money , it didn't do what it should've accomplished as the follow-up to Wonder Woman or a live-action big-screen meet-up of some of the most iconic comic book superheroes of all time.
  • Unusual Volume Spikes For: Rite Aid Corporation (NYSE:RAD)

    Unusual Volume Spikes For: Rite Aid Corporation (NYSE:RAD)

    Finance

    It has underperformed by 71.88% the S&P500. The current stock price range of EXPR is $9.44 and $9.85. They set a "sector perform" rating and a $2.50 price objective on the stock. Sell side analysts plays vital role in buying and selling a stock where 0 analysts rated Rite Aid Corporation (NYSE: RAD ) as Buy, 0 analysts given Outperform signal, 2 reported Hold, and 0 analysts rated the stock as Sell.
  • Do You Own MGM Resorts International (NYSE:MGM) Shares?

    Finance

    The company's Average Revenue Estimate for the current quarter is $2.81 Billion, while Low and High Revenue Estimates are $2.76 Billion and $2.9 Billion respectively. Therefore 73% are positive. MGM Resorts International has a fifty-two week low of $25.15 and a fifty-two week high of $34.65. The rating was maintained by JP Morgan on Wednesday, November 1 with "Overweight".
  • Deutsche Bank expects loss after United States tax law

    Deutsche Bank expects loss after United States tax law

    Finance

    LMR Partners LLP increased its stake in shares of Deutsche Bank by 1,028.6% during the third quarter. Germany's biggest lender Deutsche Bank said Friday it would report "a small full-year after-tax loss" for 2017, largely owing to changes in the USA tax system passed late last year.
  • Tim Hortons Blasted As

    Tim Hortons Blasted As "Bully" For Minimum Wage Tantrum

    Finance

    Wynne went on to say: "When I read the reports about Ron Joyce, Jr., who is a man whose family founded Tim Hortons, the chain was sold for billions of dollars, and when I read how he was treating his employees, it just felt to me like this was a pretty clear act of bullying".
  • FCC head Ajit Pai skips CES tech show after threats

    FCC head Ajit Pai skips CES tech show after threats

    Finance

    The conference boasts that more than 184,000 people attended the 2017 International CES, with a similar attendance expected this year. In late November, Pai reported protest signs showed up in his neigborhood that targeted his young children .
  • Ripple price (XRP/USD) tumbles as Coinbase denies GDAX listing rumours

    Finance

    XRP/USD is now trading at 2.90 levels at the time of writing . The platform now supports only four cryptocurrencies - Bitcoin, Ethereum, Litecoin and Bitcoin Cash, with the last one added only a couple weeks ago. Ripple, the white-hot crypto currency that more than doubled in the past week, plunged as much as 20 percent after Coinbase said it's not adding any new coins to its exchange at this time.