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Economy

Harwood Advisory Group LLC increased its stake in shares of Cisco Systems by 2.0% in the third quarter. 05/09/2017 - Cisco Systems , Inc. was downgraded to "market perform" by analysts at BMO Capital Markets. Shareholders who purchased MRO prior to the ex-dividend date are eligible for the cash dividend payment. Cisco Systems's dividend payout ratio (DPR) is now 49.52%.
  • Analysts lose confidence in J.C. Penney

    Analysts lose confidence in J.C. Penney

    Economy

    Penney, sending the shares to fresh lows on Monday morning after a few analysts tempered their enthusiasm. They noted that the move was a valuation call. Amazon.com, Inc. (NASDAQ: AMZN ) distance from 200-day simple moving average (SMA200) is 17.86%. The department store operator reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of ($0.21) by $0.27.
  • North Korea says 'new missile' can carry nuclear warhead

    Economy

    Outside experts do not believe the North can do that yet, but each new test pushes the country closer to the goal. The UN Security Council is expected to meet tomorrow to discuss the North's latest missile launch at the request of the US, South Korea and Japan.
  • 100000 groups in 150 nations hit by cyberattack

    Economy

    Once inside an organization's network, the malware behind the attack spread rapidly using this vulnerability. A Microsoft spokesman said yesterday: 'In March, we provided a security update which provides additional protections against this potential attack.
  • McDonald's introduces the 'Frork' a fork made of french fries

    McDonald's introduces the 'Frork' a fork made of french fries

    Economy

    To find out which McDonald's near you are giving out Frork , you can (I can't believe it's come to this) call the Frork hotline at 1-844-MCD-FRORK (1-844-623-3767). According to the statement, Sullivan said, "Will the Frork change your life?" Obtaining a frork is conditional upon the purchase of a Signature Crafted Sandwich.
  • Trump says he's 'looking at' breaking up big banks

    Trump says he's 'looking at' breaking up big banks

    Economy

    Trump has been outspoken critic of financial regulations approved after the 2008 financial crisis, saying they have stifled economic growth. If Trump wants a new Glass-Steagall Act, he'd have to get Congress to write it. Firms including JPMorgan and Bank of America, the nation's two largest banks, were among companies that swooned. It soon recovered most of that, and was up 0.9 per cent as trading closed in NY.
  • 68 countries, global organisations inked OBOR pacts with China: Xi Jinping

    Economy

    He said that there are also credible forecasts that global trade and commerce would strengthen. While proposing a toast at the banquet, Xi said, "More than 2,000 years ago, our ancestors, driven by a desire for friendship, opened the overland and maritime Silk Roads and thus started a great era of exchanges among civilizations".
  • Woman found dead in bed, son arrested with crossbow

    Woman found dead in bed, son arrested with crossbow

    Economy

    Lynda Connors was found by her eldest son, 31, lying in bed covered in blood at 6.45am in their family home on Florida Street, Sylvania. It is understood the woman was found wrapped in a blanket with a significant head injury and covered in blood.
  • 200000 cyberattack victims in 150-plus states: Europol

    Economy

    Eleven area health boards were affected by the cyber-attack on Friday. Wainwright said the attack was indiscriminate, fast-spreading and unique because the ransomware was being used in combination with a worm - meaning that the infection of one computer could automatically spread it through an entire network.
  • Banks tipped off to new tax: Hinch calls for investigation

    Economy

    The Treasurer was unrepentant when speaking about the new tax, which he admits will be used for budget fix after he was forced to dump more than $13 billion of "zombie" savings measures from the 2014 federal budget that had failed to pass the parliament.
  • Experts warn of another cyber-attack as the new week gets underway

    Economy

    The researcher, tweeting as @ MalwareTechBlog , said registering a domain name used by the malware stops it from spreading, though it can not help computers already affected. But that apparently is not the case for governments in other countries such as Russian Federation, which has reported attempted breaches at a number of agencies.
  • Morning Joe: Conway Secretly Loathed Stumping for Trump

    Morning Joe: Conway Secretly Loathed Stumping for Trump

    Economy

    White House senior adviser Kellyanne Conway said defending then-candidate Donald Trump on TV was so creepy, she felt like she needed a shower afterward, the co-hosts of MSNBC's "Morning Joe" said Monday. Brzezinski interrupted to suggest Conway had told them she was "just doing this for the money", though Scarborough wasn't sure if the former campaign manager had ever gone that far.