Markets

Markets Meredith to buy Time Inc for US$1.85 bln
Author: 0 Meredith to buy Time Inc for US$1.85 bln

Prior to the announcement, Meredith had just $28 million in cash on hand, according to its latest quarterly report. Including debt, the deal values Time at $2.8 billion. Time Inc. has been investing in online video and branded content, yet its print magazine circulation and advertising still account for about two-thirds of total revenue.

Markets Thanksgiving is a big day like Black Friday
Author: 0 Thanksgiving is a big day like Black Friday

The news came just weeks after the Conference Board found that consumer confidence was at its highest point in nearly 17 years. US retailers collected in a record $7.9 billion in only online sales on Black Friday and Thanksgiving, up 17.9 percent from previous year, according to Adobe Analytics, which measures transactions at the most significant 100 USA web retailers, on Saturday.

Markets Shoppers support small Business Saturday
Author: 0 Shoppers support small Business Saturday

Fashion Barn owner Homer Beaty says as communities all over are growing, small businesses are putting themselves on the map. The two shops are located right off 42nd Street, which is north of I-235, where a major streetscape project has brought traffic to a crawl for more than six months, making it rough for small businesses nearby.

Markets Macy's stock drops amid reports of Black Friday credit-card glitch
Author: 0 Macy's stock drops amid reports of Black Friday credit-card glitch

Apparently, Macy's wasn't the only store experiencing issues around Black Friday. The statement TechCrunch released has Macy's saying it resolved its system issues and sincerely apologizes for the inconvenience it may have caused during their valued customers' shopping experience.

Markets OPEC Planning To Extend Oil Cuts To End Of Next Year
Author: 0 OPEC Planning To Extend Oil Cuts To End Of Next Year

Recent OPEC/non-OPEC oil pact chatter had it that Saudi Arabia was pushing for an announcement of the cuts extension next week in Vienna, while Russian Federation was more hesitant about telling the market on November 30 how the participants in the deal would act.

Markets Black Friday shoppers in full swing throughout the Island
Author: 0 Black Friday shoppers in full swing throughout the Island

A long line of bargain-hunters stood outside the Best Buy in South Portland, waiting for the store to open at midnight. Matt Reed of Benwood and Beverly Pelham of Valley Grove both stood at the front of the line for almost an hour waiting to take advantage of the sale.

Markets Black Friday shoppers line up for deals
Author: 0 Black Friday shoppers line up for deals

Sharon Shelton of Fredericksburg has always been a Black Friday fan, but she's seen interest change over the years. Best Black Friday 2017 Deals : Updated several times per day, the Black Friday Deals Tracker is the single destination to find the best available Black Friday deals at the moment.

Markets Needle Marks Found on Toddlers at Beijing Kindergarten
Author: 0 Needle Marks Found on Toddlers at Beijing Kindergarten

Its shares plunged by more than 40 per cent in after-hours trading. She said it was uncertain whether her child had been sexually assaulted, as her three-year-old was "too little" to give account of what had taken place. Another child told his father he was given a white pill to go to sleep, the BBC reports . The kindergarten is located adjacent to a large military base, and rumours flew online that military officials there were involved in sexually abusing the children.

Markets 3% Stamp Duty surcharge changes missed in the Budget
Author: 0 3% Stamp Duty surcharge changes missed in the Budget

Mishcon de Reya said the relief on when a purchaser adds to their interest in their existing main residence "is particularly helpful as it gives relief from the surcharge for the price paid for lease extensions on a main residence, which was one of the more unfair applications of the rules".

Markets S&P retains BBB- rating on India; keeps outlook stable
Author: 0 S&P retains BBB- rating on India; keeps outlook stable

While the agency retained its rating on India, it also lauded the Modi-led government's fiscal consolidation drive under which multiple reforms were taken towards the path of a favourable economy . It also suggests that India's GDP growth will remain strong over next 2-3 years. It went on to list the reforms as introduction of GST on July 1, a Bankruptcy Code and nonperforming loan resolution framework; a plan to recapitalise state-owned banks; a plan to strengthen the business climate by ...

Markets Sensex ends 26 points higher; Nifty settles at 10348
Author: 0 Sensex ends 26 points higher; Nifty settles at 10348

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,575.91 points, traded higher by 12.42 points or 0.04 per cent at 33,573.97 points. The FIIs and DIIs were net buyers of the stocks worth Rs 73.22 crore and Rs 222.21 crore, respectively on Thursday. Benchmark indices opened on a positive note on Friday even as other Asian markets were cautiously hovering below their 10-year peaks.

Markets Vodafone offers 1GB data and unlimited calling at Rs 199
Author: 0 Vodafone offers 1GB data and unlimited calling at Rs 199

Jio disrupted the sector by offering unlimited data and free voice calls. The company had introduced the Rs. 458 plan giving 1GB of data per day for 70 days. That is about the data offer under this plan. Vodafone ToS states that users can't make calls to more than 300 unique numbers in a 7-day period. This new plan is however different from Airtel's previous plan of Rs 199 which is also valid for 28 days.

Markets Shoppers cash in on early Black Friday deals
Author: 0 Shoppers cash in on early Black Friday deals

The state's "blue laws" say retail stores can not open on holidays like Christmas and Thanksgiving, but across the state line in CT, stores opened their doors at 5 p.m. And Degn, who has worked Black Friday for 15 years, said she has a good time. "We feed everybody and they got to leave". "We'll probably hit Best Buy, Kohl's and spend a few hundred more before the night is over.".

Markets Store Thanksgiving hours 2017: Is Walgreens open?
Author: 0 Store Thanksgiving hours 2017: Is Walgreens open?

Others like the idea of getting a head-start on knocking items off their holiday shopping lists before, after or in lieu of the turkey feast. Rite Aid: Most Rite Aid stores will be open on Thanksgiving Day. on Thanksgiving. Keep in mind that some individual stores may be open later or close earlier. GameStop: Opens at 4 p.m. KMart: Opens 6 a.m. The drug store chain is open 24 hours a day through the holidays, except where prohibited by law, or in the case of a specialty store that ...

Author: 0 Services stock on Buy Line: American Airlines Group Inc. (AAL)

Randgold Res Ltd now has $8.91 billion valuation. The relative volume of the stock is 0.51 while its market cap is $23.42 billion. About 157,534 shares traded. More notable recent American Airlines Group Inc (NASDAQ:AAL) news were published by: Forbes.com which released: "Workers At American Airlines Subsidiary Say Starting Hourly Pay Is Too Low" on November 20, 2017, also Bloomberg.com with their article: "American Airlines Accused by NAACP of "Possible Racial Bias" published on October 25, ...

Markets European Banking Authority will move from London to Paris
Author: 0 European Banking Authority will move from London to Paris

Both agencies are currently located in Canary Wharf, employing hundreds of people who will now be asked to locate to elsewhere in Europe. Amsterdam was eventually chosen as the body's new site after it tied with Milan in the first round of voting by European Union ministers.

Markets ASA cracks down on misleading broadband speed claims
Author: 0 ASA cracks down on misleading broadband speed claims

The Committees of Advertising Practice (CAP) is toughening up the standards following research which found they are now likely to mislead consumers. Under the current regulations, which date back to 2012, ISPs may advertise speeds available to 10% of customers and may describe those as "up to".

Markets Driving Privacy Regulators Crazy: UK Probes Uber Breach
Author: 0 Driving Privacy Regulators Crazy: UK Probes Uber Breach

Discovery of the US company's cover-up of the incident resulted in the firing of two employees responsible for its response to the hack. The company is said to have fired two executives who were involved in the response to the breach and its subsequent cover-up, including chief security officer Joe Sullivan.