Finance

Finance Alibaba raises FY forecast as sales growth accelerates in Q3
Author: 0 Alibaba raises FY forecast as sales growth accelerates in Q3

The earnings mark a minor turning point for Alibaba , as it's the last time it is not including its loss-making logistics division, Cainiao, in its top-line report of revenue and profit. The e-commerce giant reported revenue of 55.12 billion yuan (US$8.34 billion) for July-September, above a 52.2 billion yuan forecast from analysts polled by Reuters.

Finance The Fed Maintains Interest Rates, Wall Street Ends Higher
Author: 0 The Fed Maintains Interest Rates, Wall Street Ends Higher

As of Wednesday morning, 73 percent of the companies that have reported have surpassed earnings expectations, while 67 percent have surpassed sales estimates, according to Thomson Reuters I/B/E/S. The Indian rupee rose 0.3 percent, hitting its highest in more than a month, while China's yuan rose 0.1 percent and looked set to post a third straight day of gains.

Finance BOE raises rates but it's a one-off - GBP/USD crashes
Author: 0 BOE raises rates but it's a one-off - GBP/USD crashes

Should the IR profiles signal a persistent overshoot of inflation versus target and continued upside risk, the Committee may signal that this week's expected hike will be followed by more than the market now prices, so placing the money market curve under bear steepening pressure.

Author: 0 Year Capital Spending Growth of GoPro, Inc. (NASDAQ:GPRO) is reported

They noted that the move was a valuation call. Keep an eye on the volume because once it starts to lower, this could mean people are beginning to relax and GoPro, Inc . The shares were sold at an average price of $11.00, for a total transaction of $274,098.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink .

Finance Hershey's Debuts Its First 'New' Candy Bar In A Generation
Author: 0 Hershey's Debuts Its First 'New' Candy Bar In A Generation

All that changes today . Called Hershey's Gold , the new bar isn't chocolate. The bar won't hit store shelves until December 1, but Food & Wine recently had the pleasure of tasting it ahead of time. "The buttery, sweet taste of Hershey's Gold bars provides an entirely new way for consumers to enjoy our brand", Melinda Lewis, senior director/general manager of Hershey's Franchise at The Hershey Company, said in a press release .

Finance TD Ameritrade Founder Joe Ricketts Shuts Down DNAinfo and Gothamist
Author: 0 TD Ameritrade Founder Joe Ricketts Shuts Down DNAinfo and Gothamist

DNAinfo and Gothamist sites in other cities - including Chicago, Los Angeles, Washington, San Francisco and Shanghai - also have the same message on their home pages. But Ricketts went on to write that when it came to business matters, DNAinfo just was not sufficiently successful. Hyde Park was one of many neighborhoods covered by local reporters for DNAinfo Chicago's website.

Finance Sears Holdings to close 45 more K-mart stores, including Abingdon store
Author: 0 Sears Holdings to close 45 more K-mart stores, including Abingdon store

The company announced on Thursday the pending closure of 18 Sears stores and 45 Kmarts. Sears Holdings has not yet planned to close the Kmart in Marietta, Ohio. A local department store will be closing its doors for good in early 2018. Without any remaining Kmart or Sears stores in the area there will be no opportunity to apply for jobs within the company footprint.

Author: 0 Airline to buy 31 C-Series Bombardier planes

Based on list prices, the firm order would be valued at about $2.4 billion, Bombardier said. "This new order confirms the increasing confidence that airlines and leasing companies have in the C Series and we expect to see accelerating sales momentum in the months ahead", he said Thursday during a conference call about its third-quarter results.

Author: 0 Singapore Airlines provides double beds in business class

The project is expected to be completed within four years. Png added that Singapore Airlines has a better strategy in dealing with competition from low-priced carriers by having its own called Scoot. IN BRIEF | While Singapore Airlines' new Airbus A380s will feature all-new first class suites and business class seats , premium economy passengers won't notice a great deal of difference from the airline's Airbus A380s already flying today.

Author: 0 Teva plunges as outlook cut for third time

Teva expects to generate at least $2 billion in total proceeds from the sale of these businesses, as well as additional asset sales to be executed by year end 2017. TEVA has a 1-year high of $44.13 and a 1-year low of $13.26. Shares of NAGARJUNA OIL REFINERY LTD. (NAGAROIL.BO) have a 7-day moving average of 3.54.

Finance Whole Foods Is Hiring 6000 Employees Right Now
Author: 0 Whole Foods Is Hiring 6000 Employees Right Now

Applications can be filled out online or in person for positions like cashier, prepared food team member, meat team member, cake decorator, and more. Full, part-time, seasonal and permanent positions are being offered to interested applicants at all of their US locations.

Finance HSBC Holdings plc Lowers Barclays PLC (BARC) Price Target to GBX 240
Author: 0 HSBC Holdings plc Lowers Barclays PLC (BARC) Price Target to GBX 240

The company was maintained on Tuesday, February 23 by HSBC. The rating was maintained by Liberum Capital with "Sell" on Friday, November 13. The rating was maintained by HSBC with "Buy" on Thursday, March 16. Parkwood Limited Company has 7,449 shares. Principal Finance Group accumulated 14,622 shares. Independent Portfolio Consultants holds 0.03% or 1,953 shares.

Author: 0 Chesapeake Energy Corporation (CHK) Shares Sold by The Manufacturers Life Insurance Company

Stifel Nicolaus reissued a "buy" rating on shares of Chesapeake Energy Corporation in a research note on Friday, July 21st. During the same period in the previous year, the company posted ($0.11) EPS. Chesapeake's net loss of $41 million translates to a loss of 5 cents a share and compares to a loss of $1.26 billion, or $1.62 a share, one year ago.

Author: 0 US, AT&T said to be discussing conditions for Time Warner deal

Rmb Cap Mngmt Lc holds 0.01% in Time Warner Inc (NYSE: TWX ) or 2,008 shares. Finally, KeyCorp reissued a "hold" rating on shares of Time Warner in a research report on Tuesday, October 17th. Retirement System Of Alabama invested in 0.36% or 664,022 shares. The SMA20 for the stock is at -2.88 percent, SMA50 stands at -3.16 percent, while SMA200 is -1.19 Percent, according to Finviz reported data.

Finance 3D Systems Corporation (NYSE:DDD) Has Wide Low-High Trading Range Today
Author: 0 3D Systems Corporation (NYSE:DDD) Has Wide Low-High Trading Range Today

However the six-month change in the insider ownership was recorded -3.79%, as well as three-month change in the institutional ownership was recorded 0.19%. Gulf National Bank & Trust (Uk) Limited, United Kingdom-based fund reported 1.93M shares. Winfield Associates Inc invested in 0% or 150 shares. Strategic Wealth Advsr Group Ltd stated it has 0.03% of its portfolio in 3D Systems Corporation (NYSE: DDD ).

Finance United Kingdom central bank raises rates for first time in a decade
Author: 0 United Kingdom central bank raises rates for first time in a decade

Higher interest rates will benefit savers, who have for years seen paltry returns on their deposits. Caution before the Bank of England's policy decision kept United Kingdom stocks little changed on Thursday amid a raft of earnings updates and a profit warning at Playtech that wiped off one fifth of the gaming software firm's market value.

Finance India gears up to welcome Global Food Titans
Author: 0 India gears up to welcome Global Food Titans

Harsimarat Kaur Badal, food processing industries minister, had earlier proposed Khichdi for national dish, which was approved by the Centre. As the brouhaha over khichdi continued, Union minister of food processing industries, Harsimrat Kaur Badal , took to Twitter to dispel rumours surrounding the dish.

Finance Bitcoin Hits A Massive $7000
Author: 0 Bitcoin Hits A Massive $7000

Bitcoin futures will be listed on and subject to the rules of CME. The sudden climb is a reaction to the recent announcement by the US -based derivatives marketplace operator CME Group. The BRTI combines global demand to buy and sell bitcoin into a consolidated order book and reflects a fair, instantaneous US dollar price of bitcoin in a spot price.

Finance Tesla Launches Talks to Manufacture its Cars in China
Author: 0 Tesla Launches Talks to Manufacture its Cars in China

Tesla posted a 9 million loss in the third quarter as it spent heavily to clear up production bottlenecks and bring its hotly anticipated Model 3 sedan to market. Revenues grew 30% from a year ago to $3bn, but the net loss shows just how quickly Tesla is burning through its cash reserves to get the Model 3 - plus Model S and Model X - built and delivered.

Author: 0 The Nordic countries are the world's best for gender equality

Iceland has ranked at the top position in the Global Gender Gap Index. It ranked fourth-lowest in the world on health and survival, remaining the world's least-improved country in a decade. "In 2017, we should not be seeing progress towards gender parity shift into reverse", said Saadia Zahidi, head of gender, education and work at WEF.