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BA flight disruption cost estimated £80 million


His remarks were in response to claims by the GMB union that the outsourcing of IT roles at British Airways had left the airline vulnerable to a systems crash. "What we do know at this stage, however, is that this failure had absolutely nothing to do with changes to the way we resource our IT systems and services", Mr Walsh said. Lire la suite »

Kroger cuts profit outlook after sales figure falls again

The company now expects full-year adjusted EPS of $2.00 to $2.05. The charge is mainly affected by changes in product costs. "We're pleased that identical supermarket sales in the last nine weeks of the first quarter were positive and that has continued in the second quarter to date". Lire la suite »

Markets muted as Fed hikes rate by 25 bps


Fed officials voted 8-1 on Wednesday to raise the target level for the rate, a key benchmark for consumer and business lending, to between 1 percent and 1.25 percent. The U.S. central bank's rate-setting committee said the economy had continued to strengthen, job gains remained solid and indicated it viewed a recent softness in inflation as largely transitory. Lire la suite »

Warriors 129, Cavs 120: Player ratings

They went 15-1 in the postseason, with sweeps in the first three round before beating LeBron James and the Cleveland Cavaliers in five games in the finals. In a short statement Tuesday, the Warriors said: "Today is all about celebrating our championship". "A lot of guys cried because they wanted it bad". Lire la suite »

Justice Department: Decision on Fiat-Chrysler Emissions Fix 'Weeks, Months' Away


The legal version of this piece of content can be accessed at "It is also useful for mutual fund investors, as many funds will list the "average" or 'median" market capitalization of its holdings. ILLEGAL ACTIVITY NOTICE: "Morgan Stanley Trims Fiat Chrysler Automobiles N.V. Lire la suite »

US Stocks Mixed as Fed Forges Ahead With Rate Hike


The US Federal Reserve, on Wednesday, hiked interest rates by 25 basis points, its third interest rate hike in the last seven months. Investors looked for safety in the latter part of yesterday's session and into Asia trading, taking benchmark US 10-year yields to 2.11%, the lowest since early November, and trimmed gains for the dollar index, which measures the greenback against six global peers, to 96.90. Lire la suite »

Cardan Capital Partners LLC Reduces Position in JP Morgan Chase & Co (JPM)


COPYRIGHT VIOLATION NOTICE: "Howard Capital Management Has $12.96 Million Position in J P Morgan Chase & Co (JPM)" was originally published by Stock Observer and is owned by of Stock Observer. (NYSE:JPM). Clearbridge Limited Liability reported 7.85M shares. Harris Associate Limited Partnership invested 2.98% of its portfolio in JPMorgan Chase & Co. Lire la suite »

Bank of America to lay off more workers


It has outperformed by 26.11% the S&P500. Cooke & Bieler Lp sold 1.86M shares as Bank Of America (BAC)'s stock declined 6.00%. First Midwest Bank Trust Division now owns 100,762 shares of the financial services provider's stock valued at $2,377,000 after buying an additional 958 shares during the period. Lire la suite »

Rate Rises Again in Second of 3 Expected Hikes

In Britain, the Bank of England saw three of its eight rate-setters vote for a rate increase, a fact that suggests a hike is much closer than many investors had expected. According to the plan, the Fed will set a set of gradually increasing caps on the amount of the Treasury and agency securities that would be allowed to run off each month. Lire la suite »

Govt invites BP and Reliance to invest in fuel retailing


BP Chief Executive Bob Dudley and Reliance Chairman Mukesh Ambani, who met India's oil minister Dharmendra Pradhan in New Delhi on Thursday, will hold a news conference later in the day. The project is expected to produce up to 12 million cubic meters of gas a day from 2020. Reliance Industries Limited (RIL) and BP today announced that they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India. Lire la suite »

Dupont Fabros Technology, Inc. (DFT) Saw a New 52-Week High


Shares of Dupont Fabros Technology, Inc. (NYSE:DFT) for 910,901 shares. As of December 31, 2016, the Company owned various properties, including 11 operating data centers facilities; five phases of existing data center facilities under development; one shell of a data center under development; two data center facilities with a phase or phases available for development, and parcels of land held for development of four data centers. Lire la suite »

Post reports Trump under investigation for obstructing justice


The president's personal friend, Newsmax CEO Chris Ruddy said late Monday that Trump was considering terminating Mueller . Mr. Trump has said he is "100 per cent" willing to testify under oath on Mr. Mueller's office has now taken up that work, and the preliminary interviews scheduled with intelligence officials indicate his team is actively pursuing potential witnesses inside and outside the government. Lire la suite »

US job market looks solid 8 years after recession ended


March was revised down from 79,000 to 50,000, and April was revised down from 211,000 to 174,000. Revisions to data from March and April wiped out a combined 66,000 jobs from those months' tallies. The Atlanta Fed is forecasting GDP increasing at a 4.0 percent pace in the second quarter. Hourly earnings rose two and a half percent over the past year. Lire la suite »

Ausdal Financial Partners Inc. Holds Position in Eli Lilly and Company (LLY)

The company's Average Earnings Estimate for the Current Fiscal quarter is $1.05, according to consensus of 16 analysts. Rhumbline Advisers invested 0.28% in Eli Lilly and Co (NYSE: LLY ). 213,539 are owned by Synovus. Palladium Lc accumulated 148,563 shares. Dnb Asset Mngmt As has 298,250 shares. Advisor Prtn Ltd Liability Com holds 0.32% or 14,563 shares in its portfolio. Lire la suite »

National Oilwell Varco, Inc. (NOV) To Go Ex-Dividend on June 14th


Buckhead Capital Management Limited Liability Company holds 77,035 shares. National Oilwell Varco, Inc . (NYSE: NOV ) has risen 11.97% since June 15, 2016 and is uptrending. Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.21, from 0.88 in 2016Q3. It turned negative, as 67 investors sold National-Oilwell Varco, Inc. Lire la suite »

Claims for US jobless benefits fall by 8000, to 237000


Economists polled by Reuters had forecast first-time applications for jobless benefits falling to 242,000 in the latest week. That is the longest such stretch since 1970, when the labor market was smaller. The Fed signaled that it meant to raise rates one more time this year. Continuing claims increased to 1.935mn for the week ending June 3rd from a revised 1.929mn the previous week, although the reading has been below 2.00mn for nine successive weeks and the total remains close to 43-year ... Lire la suite »

Barclays PLC Trims BT Group plc (BT) Target Price to GBX 450

The rating was maintained by BNP Paribas on Monday, November 21 with "Underperform". The firm earned "Neutral" rating on Friday, November 4 by Credit Suisse. The stock of Graphic Packaging Holding Company (NYSE:GPK) earned "Buy" rating by Goldman Sachs on Thursday, May 12. The firm has "Neutral" rating given on Thursday, January 28 by Barclays Capital. Lire la suite »

Deutsche Bank AG Reiterates €12.00 Price Target for STMicroelectronics NV (STM)

Oddo Securities set a €16.50 ($18.54) price target on shares of STMicroelectronics NV and gave the stock a buy rating in a research note on Wednesday, April 5th. For making investment decisions, Financial Ratios play a vital role. The target price for STMicroelectronics NV ( STM ) is $16.53/share according to the consensus of analysts working on the stock, with an expected EPS of $0.16/share for the current quarter. Lire la suite »

Stocks fall, dollar pares losses after Fed decision


In its statement following a two-day meeting, the Fed's policy-setting committee indicated the economy had been expanding moderately, the labour market continued to strengthen and a recent softening in inflation was seen as transitory. This program. would gradually reduce the Federal Reserve's securities holdings by decreasing reinvestment of principal payments from those securities. Lire la suite »

Zacks Investment Research Downgrades Banco De Chile (BCH) to Hold


Zacks Investment Research's target price suggests a potential upside of 9.98% from the stock's current price. The Bank's segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and ... Lire la suite »

Average Price Target Of 29.60 Issued For Caleres, Inc. (NYSE:CAL)

Other hedge funds have also added to or reduced their stakes in the company. State of Alaska Department of Revenue raised its stake in Caleres by 1.3% in the first quarter. Weyco Group's dividend payout ratio (DPR) is 58.74%. ILLEGAL ACTIVITY WARNING: This news story was first reported by Transcript Daily and is owned by of Transcript Daily. Lire la suite »