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Economy

Sears and Kmart will also be eliminating some senior management roles. Sears Holdings Corporation (SHLD ) has a market capitalization of 1.21 Billion which suggests the company is a huge company further suggesting that the shares of Sears Holdings Corporation (SHLD ) are stable and safe compared to the lower market capitalization companies.
  • United Airlines Compensates All Passengers From Videoed Flight

    United Airlines Compensates All Passengers From Videoed Flight

    Economy

    It's illegal to smoke on a flight, so that can get you booted. How many of these passengers were forcibly removed? The practice lets airlines keep fares low while managing the rate of no-shows on any particular route, said Vaughn Jennings, spokesman for Airlines for America, which represents most of the big USA carriers.
  • International Monetary Fund lifts Romania 2017 GDP growth forecast to 4.2%

    Economy

    The multilateral body raised the global growth forecast by 0.1 percentage point for 2017 at 3.8 per cent, but has retained the prediction for the United States at 2.3 per cent. They show economic growth of 3.1 per cent in 2017 followed by 3 per cent in 2018. "Moreover, while there is a chance growth will exceed expectations in the near term, significant downside risks continue to cloud the medium-term outlook, and indeed may have intensified since our last forecast", writes IMF's report.
  • Lawyers for man dragged off United plane file court request

    Lawyers for man dragged off United plane file court request

    Economy

    Lawyers for the passenger dragged from a United Airlines plane in Chicago filed an emergency request with an IL state court on Wednesday to require the carrier to preserve video recordings and other evidence related to the incident. After the video first emerged, he said the airline was reaching out to the man to "resolve this situation". Hours later on Monday, his tone turned defensive.
  • UA CEO: We won't drag passenger off plane anymore

    UA CEO: We won't drag passenger off plane anymore

    Economy

    He said both United and the Chicago authorities who manhandled his client could be liable. In the meantime, the CEO vowed "this can never, will never, happen again on a United Airlines flight". In a subsequent letter to employees, the CEO called the customer "disruptive" and "belligerent" when he wouldn't relinquish his seat. By Tuesday afternoon, nearly two days after the Sunday evening confrontation in Chicago, CEO Oscar Munoz issued his most contrite apology yet as details emerged ...
  • Schroders reiterated as Buy By Jefferies

    Economy

    Barclays PLC's price target points to a potential downside of 16.92% from the company's current price. There may be various price targets for a stock. Barclays PLC reissued an equal weight rating and issued a GBX 410 ($5.09) target price on shares of Pagegroup PLC in a research report on Monday, January 30th.
  • Oil prices tumble on U.S. inventories data

    Economy

    Energy services firm Baker Hughes said on Thursday drillers added 11 oil rigs in the week to April 13, bringing the count up to 683, highest in about two years. Both Exxon and Chevron are stuck below their 50-day and 200-day moving averages. WTI si now trading at $51.2 per barrel and Brent at $2.1 per barrel premium to WTI.
  • Factors to Note Before Buying Himax Technologies, Inc. (HIMX)

    Factors to Note Before Buying Himax Technologies, Inc. (HIMX)

    Economy

    Earnings per share (EPS ) breaks down the profitability of the company on a single share basis, and for Himax Technologies, Inc. the EPS stands at 0.03 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.07, suggesting the stock fell short of the analysts' expectations.
  • Teachers Advisors LLC Boosts Position in Baker Hughes Incorporated (BHI)

    Teachers Advisors LLC Boosts Position in Baker Hughes Incorporated (BHI)

    Economy

    They issued a "hold" rating and a $66.00 price target for the company. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. 03/09/2017 - Baker Hughes Incorporated had its "buy" rating reiterated by analysts at Citigroup. Chariag Belgacem also sold $871,305 worth of Baker Hughes Incorporated (NYSE: BHI ) shares.
  • Wells Fargo shareholders tepidly re-elect bank's directors in raucous meeting

    Wells Fargo shareholders tepidly re-elect bank's directors in raucous meeting

    Economy

    When the meeting restarted a few minutes later, Mr. Sanger said the shareholder made a "physical approach to our board members and ultimately we removed him from the meeting". The bank's guidelines require that directors offer to resign if they fail to receive a majority of votes cast. That scandal brought national attention to the almost three-hour-long shareholders meeting at the Ponte Vedra Beach resort, with some advocates calling for stockholders to vote out the 12 board members (out ...
  • Financial Watchlist of NEW GOLD INC. (AMEX:NGD)

    Economy

    Stock is now moving with a negative distance from the 200 day simple moving average of approximately -22.98%, and has a poor year to date (YTD) performance of -13.43% which means the stock is constantly subtracting to its value from the previous fiscal year end price.