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Qatar Airways makes approach for 10% stake in American Airlines

American also says it believes the current administration will "stand up to foreign governments to end massive carrier subsidies that threaten the US aviation industry and that threaten American jobs". In a regulatory filing released by American, Qatar's proposed purchase of 10% of the airline's shares equals a roughly $808 million investment. American Airlines Group Inc, and other airlines in the United States , haven't been happy with Qatar Airways and other Persian Gulf airlines ... Lire la suite »

Uber Now Allows Tipping for Drivers

It's also part of a new strategy meant to reshape Uber and to establish it as a company with conscience, heart, and above all, with respect for its clients and employees. "This is a new-economy company that is learning some old-school lessons about leadership, succession and aligning leaders with the culture", added McCool, co-author of "Board Games: Straight Talk for New Directors and Good Governance". Lire la suite »

Lenders drag Essar Steel, Bhushan Steel, Electrosteel to NCLT


ET reported banks have outstanding loans worth Rs 45,000 crore to Essar Steel, Rs 47,000 crore to Bhushan Steel, and Rs 11,000 crore to Electrosteel Steels. On Saturday, Lanco Infratech said the Reserve Bank of India (RBI) has directed its lead banker IDBI Bank to initiate insolvency procedure for the company. Lire la suite »

Sandberg has no plans to leave Facebook for Uber

The leave was intended for him to grieve for his mother and work on becoming a better leader. There were also altercations with Uber drivers that involved Kalanick personally. "Travis has always put Uber first". FILE - In this Sunday, Feb. 26, 2017, file photo, Uber CEO Travis Kalanick arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. Lire la suite »

A Calais, l'État veut crever un "abcès"

Le Conseil d'Etat relève notamment que ces mesures "ne comportent pas d'astreinte à domicile" et sont "nettement plus exigeantes pour l'autorité administrative que celle de l'assignation à résidence de l'état d'urgence ". Une personne pourra donc, si le projet est voté en l'état, subir des atteintes à ses libertés individuelles, sur la seul estimation d'un préfet soumis au pouvoir politique et n'être innocenté qu'après l'application de la mesure pénalisante. Lire la suite »

A new platform for Whole Foods? How deal could upend grocery


Until the Whole Foods announcement, Amazon dabbled with delivering food products, and the merger signals its intention to go all in with a wider range of grocery products from more than 460 Whole Foods outlets. But overnight, Amazon is the number one brick-and-mortar seller of natural and organic foods in the US, and if Amazon can parlay that out to grocery overall the rewards are potentially vast. Lire la suite »

Recent Analysts Ratings Marathon Oil Corporation (MRO)

Amgen Inc now has $132.19B valuation. For the last month, company shares are -13.37%. About 554,204 shares traded. Pfizer Inc. (NYSE:PFE) has declined 2.76% since June 22, 2016 and is downtrending. Marathon Oil Corporation P/E ( price to earnings) ratio is 0 and Forward P/E ratio of 141.59. According to the analysts, Marathon Oil Corp (NYSE:MRO) is expected to announce $-0.11/share EPS for the current quarter. Lire la suite »

Fed: Biggest US banks strong enough to withstand recession


Banks will get the chance to revise their capital plans before next week's results are released. According to the stress tests, the 34 largest American banks would incur almost 383 billion USA dollars in loan losses during the most severe scenario where the unemployment rate will rise to 10 percent and a severe global recession will accompany with heightened stress in corporate loan markets and commercial real estate. Lire la suite »

Enda Kenny confirms resignation as Irish prime minister

TDs today voted to elect Leo Varadkar as Taoiseach , making him the first Trinity graduate in Ireland's history to be elected to the role. He appointed his electoral rival, Home Minister Simon Coveney his deputy. As it happened, it was ten years to the day that Varadkar, a Dubliner with a father from India and mother from Waterford, first took his seat in the Dáil . Lire la suite »

With tech giants back in charge, stocks hit records again

The Nasdaq Composite was up 75.64 points, or 1.23 percent, at 6,227.39. Tech heavyweights, which had been among the stock market's biggest stars until recently, led the way. The Dow Jones industrial average slipped 7 points, less than 0.1 percent, to 21,522. Every time the stock market has shown any weakness in the last eight years, it's proven to be a good move for investors to buy. Lire la suite »

Somewhat Favorable Press Coverage Likely to Affect Extreme Networks (EXTR) Stock Price

ClariVest Asset Management LLC owned about 0.87% of Extreme Networks worth $7,162,000 at the end of the most recent quarter. Numeric Investors LLC raised its position in shares of Extreme Networks by 89.6% in the fourth quarter. Illinois-based Envestnet Asset Management Inc has invested 0% in Extreme Networks, Inc (NASDAQ:EXTR). ILLEGAL ACTIVITY WARNING: "921,746 Shares in Extreme Networks, Inc. Lire la suite »

Stock's Trend Analysis Report: Patterson-Uti Energy (NASDAQ:PTEN)

About 65,162 shares traded. Tygh Cap Mngmt invested in 78,746 shares. Archford Strategies Lc holds 0% in Patterson-UTI Energy, Inc. The current market capitalization of Patterson-Uti Energy (NASDAQ:PTEN) stands at 4.12 Billion. The company was upgraded on Wednesday, June 29 by Simmons & Co. On Friday, October 23 the stock rating was maintained by Cowen & Co with "Outperform". Lire la suite »

Hundreds attend funeral for student killed in North Korea

While counter-terrorism and China's controversial territorial moves in the South China Sea will feature at the talks, the main aim will be to find ways to tighten the screws on North Korea. "He did things because he wanted to do them". Medical tests did not show what precipitated his injuries, but also found no evidence of the botulism infection that North Korea claimed was the cause of his coma . Lire la suite »

Novartis AG (NVS) Shares Bought by Wrapmanager Inc

The institutional investor owned 17,280 shares of the company's stock after buying an additional 2,258 shares during the period. Mosaic Family Wealth LLC now owns 1,886 shares of the company's stock worth $149,000 after buying an additional 190 shares during the period. Lire la suite »

The Profund Advisors LLC Has $506000 Stake in Office Depot, Inc. (ODP)

BidaskClub raised Office Depot from a "hold" rating to a "buy" rating in a report on Saturday, June 10th. The share price of Office Depot, Inc. Stock of Prospect Capital Corporation (NASDAQ:PSEC) now have an ABR of 3.50.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. Lire la suite »

What Analysts are Predicting For Devon Energy Corporation (DVN), Staples, Inc. (SPLS)?

Lombard Odier Asset Management Europe Ltd acquired a new stake in shares of Devon Energy Corporation during the third quarter worth about $228,000. Several other hedge funds have also added to or reduced their stakes in the stock. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend is Thursday, September 14th. Lire la suite »

DC, Maryland AGs to file suit against President Trump over business dealings


Mr Frosh and Mr Racine cited Mr Trump's leases, properties and other business "entanglements" around the world as the reason for the suit , saying those posed a conflict of interest under a clause of the constitution. White House press secretary Sean Spicer on Tuesday disputed that Trump's interests in his businesses violated the emoluments clause, pointing to the arguments raised by the Justice Department in its motion to dismiss the case in NY. Lire la suite »

Uber to allow tips for drivers in reversal of longstanding policy


Uber officials announced that passengers will be able to tip their driver through the company's app, joining rival ride share company Lyft , which has offered the option for several years. Uber says riders will have up to seven days after a trip is complete to add a tip and riders can also go back in their trip history and add a tip retroactively for up to 30 days. Lire la suite »

American Airlines flight diverted due to mechanical problem


The flight had 258 passengers and 16 crew members on board. In a statement, the Federal Aviation Administration says the crew reported a possible issue with the airplane's flaps. Passengers will board another plane once it lands before taking off again for London. Stay on topic - This helps keep the thread focused on the discussion at hand. Lire la suite »