Markets

Author: 0 Mondelez International, Inc. (MDLZ)

It has underperformed by 11.01% the S&P500. Crawford Investment Counsel Inc increased its stake in Kaman Corp (KAMN) by 15.48% based on its latest 2017Q3 regulatory filing with the SEC. The firm has "Sell" rating by Deutsche Bank given on Friday, May 12. Pershing Square Capital Management Lp sold 568,780 shares as the company's stock rose 7.60% with the market.

Markets Ineos says Forties pipeline repairs 'progressing well'
Author: 0 Ineos says Forties pipeline repairs 'progressing well'

EST (1732 GMT), while U.S. West Texas Intermediate crude was up 24 cents, or 0.4 percent, at $58.33 per barrel. Brent crude, the global benchmark, was mainly flat at $63.81 a barrel on London's Intercontinental Exchange. "This should preclude any fall in the Brent price for the foreseeable future". Oil prices have risen since the pipeline was shut on Dec 11. This has undermined market-balancing efforts by the Organization of the Petroleum Exporting Countries and a group of non-OPEC ...

Markets Freezing rain, snow could affect holiday weekend travel in NJ
Author: 0 Freezing rain, snow could affect holiday weekend travel in NJ

However, it is still too early to determine specifically what type of precipitation will occur, and how much, if any, accumulations we may see. Sunday: Mostly sunny, with a high of about 18 and a low of about 5. "(An) Arctic air mass appears likely to descend over the region Christmas night onward", the weather service said . Temps will be well below normal.

Markets Boeing and Brazil's Embraer in talks
Author: 0 Boeing and Brazil's Embraer in talks

Some sources said that it seems unlikely that the deal would get the government's blessing. Reuters reported at the time that the CSeries deal could push Boeing and Embraer closer together. In September, Brazil's Finance Ministry asked a federal audit court to study how the government could exit the so-called golden share it holds in former state monopolies that have been partially or fully privatized in recent years.

Author: 0 Halcyon Management Partners LP Maintains Holding in Nxp Semiconductors NV (NXPI)

Halcyon Management Partners Lp who had been investing in Nxp Semiconductors N V for a number of months, seems to be bullish on the $39.60 billion market cap company. Loomis Sayles & Company LP reported 0% of its portfolio in Nordstrom, Inc. Nineteen research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock.

Markets Bill proposed to reinstate some net neutrality rules
Author: 0 Bill proposed to reinstate some net neutrality rules

The FCC then, in 2015, applied Title II regulation to the net, which was not really a good fit but seemed to be all the courts would allow in the absence of congressional action. Two librarians spoke about how the death of net neutrality would rob the poorest Philadelphians of deeply needed content for school and work. "We require very robust transparency of Internet service providers".

Markets Wall Street higher as investors assess tax bill gains
Author: 0 Wall Street higher as investors assess tax bill gains

AT&T said it would give a one-time $1,000 bonus to some 200,000 employees following the bill's passage. "This tax reform will drive economic growth and create good-paying jobs". Aerospace giant Boeing said it would move forward with $300 million in investments as a result of the new tax law, including $100 million in employee training and education and $100 million to enhance Boeing facilities as part of its "workforce of the future" initiative.

Markets Public Service Commission vote allows Plant Vogtle to proceed
Author: 0 Public Service Commission vote allows Plant Vogtle to proceed

Analysts for the PSC have recommended halting the Plant Vogtle expansion as well unless Georgia Power agrees to pass on more of the costs to its shareholders. As the last new nuclear power plant standing this should be a lesson: these nuclear facilities can not be built on time nor on budget, their size and scale allow them to be ripe with corruption and mismanagement and we still have a long way to go with this failing project.

Markets Ice tea company rebrands as
Author: 0 Ice tea company rebrands as "Long Blockchain" and stock price triples

Much of the growth is owed to bitcoin mania. New York-based Long Island Iced Tea Corp said it will change its name to Long Blockchain Corp because its parent company is shifting its corporate focus towards the "exploration of and investment in opportunities that leverage the benefits of blockchain technology".

Markets Ryanair sets out plans to recognise pilots union
Author: 0 Ryanair sets out plans to recognise pilots union

The union accused the airline's management of disregarding the principles of trade union autonomy and claimed it is not committed to constructive talks. But it cautioned that it expected management to reach agreement on procedures quickly so that the parties could move on to negotiate "substantial issues" around pilots' pay and working conditions.

Markets People Injured In Melbourne After Car Hits Pedestrians
Author: 0 People Injured In Melbourne After Car Hits Pedestrians

Victoria Police are now attending the scene of the incident between Elizabeth Street and Swanston Street. In Melbourne, video taken Thursday by a bystander, Lachlan Vella, after the S.U.V. A preschool aged child was among the injured, according to reports. An aerial photo of a crashed auto in Melbourne after more than a dozen pedestrians were hit.

Markets US Upholds Import Tariff on Bombardier
Author: 0 US Upholds Import Tariff on Bombardier

He added: "We would urge the US International Trade Commission to do the right thing for fair trade and jobs by finding against Boeing and setting aside the commerce department's determination when it makes its final decision in the New Year".

Markets Apple will open a new Flagship store in Melbourne, Australia
Author: 0 Apple will open a new Flagship store in Melbourne, Australia

The company already has stores in Melbourne, in Chadstone, Doncaster, Southland, Fountain Gate and Maribyrnong, but this will be the biggest, the most elaborate and the most highly trafficed in the center of Australia's second largest city, Federation Square, Melbourne.

Markets Leak In HMS Queen Elizabeth, UK's New Aircraft Carrier Worth $4.13 Billion
Author: 0 Leak In HMS Queen Elizabeth, UK's New Aircraft Carrier Worth $4.13 Billion

HMS Queen Elizabeth was launched just weeks ago but the fault was found near the propeller shaft - meaning it was taking 200 litres of water every hour. "This is the reason why we have the sea trials", he said, "to make sure that everything is working absolutely perfectly". Though the BBC's defense correspondent calls it a "highly embarrassing" development, the fix will not delay the sea trials schedule, says a rep for the Royal Navy, which believes the fix can occur while the ship is in ...

Markets Commerce Dept. Finalizes 300% Tariffs On Bombardier Jets
Author: 0 Commerce Dept. Finalizes 300% Tariffs On Bombardier Jets

Department of Commerce reaffirmed the magnitude to which Bombardier has been subsidized by government funds and the extent to which it dumped C Series aircraft in the United States, selling those aircraft at prices millions below production cost in an illegal effort to grab market share in the U.S.

Markets IN woman charged $350 for negative hotel review
Author: 0 IN woman charged $350 for negative hotel review

A representative for the hotel said a new owner took ownership of the hotel in January, and she is not aware of the lawsuit. "The beds, the linen and everything looked like it had been used and dirty", said Arthur. "Fuming, the Arthurs brought the case to the attorney general's office, which after digging around discovered that the inn had a policy which gave it the right to penalize guests for negative reviews".

Markets AT&T to invest $1B and pay bonuses due to GOP tax bill
Author: 0 AT&T to invest $1B and pay bonuses due to GOP tax bill

Some, like former New York City Mayor Michael Bloomberg, have said that it is "pure fantasy to think that the tax bill will lead to significantly higher wages and growth". The Justice Department is now suing to block a proposed $85 billion merger between AT&T and Time Warner , a deal Trump has objected to as " not good for the country ".

Markets US Government Orders Boost BlackBerry Earnings
Author: 0 US Government Orders Boost BlackBerry Earnings

The Waterloo, Ontario-based company said it had a loss of 52 cents per share. Revenue fell to $226 million from $301 million a year earlier and $249 million in the second quarter. The loss, reported in US currency, included $149 million in expenses after BlackBerry lost an arbitration of a dispute with Nokia. While those deals are considered positive by analysts, Chen said they are not expected to generate revenue until 2019.

Markets Several flights to and from Atlanta canceled at Jacksonville International Airport
Author: 0 Several flights to and from Atlanta canceled at Jacksonville International Airport

Stranded travelers sat on the floor, slumped in chairs or stood in long lines at ticket counters a day after the underground blaze knocked out electricity and crippled Hartsfield-Jackson Atlanta International Airport for about 11 hours. "They had these elderly people, handicapped people lined up in wheelchairs", said stranded passenger Rutia Curry. "It was ridiculous, because nobody knew what was going on and they wouldn't give us any information", she said.