Markets

At booming Jim Beam, strikers complain of grueling workweeks

20 October 2016, 08:34

Deerfield-based Beam Suntory, which owns the Jim Beam brand, said it has an ample supply on hand and contingency plans in place to keep the bourbon flowing while it works to resolve the labor dispute. The vote Friday marked the second time in days th...

United Kingdom inflation spikes to near 2-year high in September

20 October 2016, 08:31

Examining this more closely, the U.S. central bank now has an inflation target of 2 percent and is now tracking an inflation measure of 1.7 percent. Year-on-year, clothing and footwear prices fell 0.08% in September, the data shows, unmoved from th...

Samsung expects slight gain in operating profit

20 October 2016, 08:30

Sales are also seen to decrease 3.8 percent from the previous quarter's sales of 50.94 trillion won. IN passenger Brian Green's phone began emitting smoke inside a Southwest Airlines Co flight to Baltimore from Louisville, Kentucky, his wife, Sar...

US claims for unemployment benefits rise by 13000

20 October 2016, 08:24

The increase in benefit applications was bigger than economists had been forecasting but some suggested that disruptions in filing applications earlier caused by Hurricane Matthew might have been a factor. We expect initial claims for the week ending...

Air NZ bans Note 7 from all flights

20 October 2016, 08:24

And if passengers try to stash their Note 7 phones in checked luggage to avoid getting caught, they face "criminal prosecution". Transportation Secretary Anthony Foxx said, "We recognise that banning these phones from airlines will inconvenienc...

'Lucky pennies' worth $1000 hidden in major cities, including Charlotte

20 October 2016, 08:18

When someone finds one, he or she can claim the $1,000 prize by logging on to the Ally Lucky Penny website at AllyLuckyPenny.com. The lucky pennies carry a copper color like real pennies, but feature the Detroit-based bank's logo instead of Abraham...

Netflix Reassures With Growth But Hits Pause In China

20 October 2016, 08:18

There was another key research note provided by Macquarie on Tuesday September 13, 2016. Sanford C. Bernstein reiterated an "underperform" rating and issued a $62.00 target price on shares of Netflix in a report on Wednesday, June 22nd.

Fed may have to hike rates faster, Rosengren says

20 October 2016, 08:08

Seventeen policymakers participated at the September meeting, of whom 10 had a vote . The central bankers voting in favor of a rate hike believe that the USA labor market is nearing full employment, a condition where those willing and able to work...

Ministers against new runway given freedom to speak against chosen airport

20 October 2016, 08:01

They are set to argue that the "real decision" will only come next year, when parliament votes on a national planning statement to expand the west London airport. These ministers include foreign secretary Boris Johnson , the former mayor of London a...

Prudential Financial, Inc. (NYSE:PRU)

20 October 2016, 07:55

The Hedge Fund company now holds 30,255 shares of PRU which is valued at $2,569,860. Also, EVP Timothy P. Harris sold 6,531 shares of Prudential Financial stock in a transaction that occurred on Wednesday, October 5th. The company has an Average Rati...

Snoopy, Peanuts gang, cut loose by MetLife as it retools biz

20 October 2016, 07:45

US insurance giant MetLife is waving goodbye to Snoopy and the Peanuts gang, ending a more than three-decade branding partnership. Iconix Brand Group, which in 2010 acquired a majority stake in the Peanuts characters, named MetLife first in a lis...

Samsung flags $5.3bn profit hit from Note 7 failure

20 October 2016, 07:35

The South Korean tech giant had already lowered its third-quarter profit guidance by £1.9bn ($2.3bn). Samsung says it has enough cash to absorb the shock - and is making changes to its safety checks for future models. Samsung has announced financia...

NJ Transit to restore full service at Hoboken Terminal Monday

20 October 2016, 07:27

An NTSB report has revealed new information on the New Jersey Transit train crash last month. He stated that his cell phone was stored and turned off in his personal backpack; he conducted the required brake tests on the train prior to departure; a...

Thousands of Indiana voter registrations altered

20 October 2016, 07:20

Patriot Majority USA, parent organization of the Indiana Voter Registration Project, was raided earlier this month as part of a State Police investigation into voter registration fraud. You can check your current registration status online at Indiana...

Regulators: Pennsylvania health insurance premiums to rise

20 October 2016, 07:17

Their substitute revolves around permitting insurance companies to sell policies across state lines, which critics charge would prompt a health care race to the bottom. The state Department of Financial Services said in August that 350,000 New Yo...

Judge extends voter registration in 36 counties following NC Democratic Party lawsuit

20 October 2016, 07:13

The State Board announced Stephens' ruling just after 6 p.m. Residents in the following counties have until 5 p.m. Wednesday to register to vote on Election Day: Beaufort, Bertie, Bladen, Brunswick, Camden, Carteret, Chowan, Columbus, Craven, Cumberl...

Social Security checks will only get $3.92 bigger in 2017

20 October 2016, 07:02

The average monthly Social Security check received by retirees is $1,305. By law, there is a "hold harmless" provision to protect most Medicare recipients. Bernie Sanders (I-Vt.) said in a statement . During that year, in the months prior to attai...

Donald Trump: Vladimir Putin Is 'Not My Best Friend'

20 October 2016, 06:52

She went on to accuse her Republican rival of being "willing to spout the Putin line, sign up for his wish list, break up North Atlantic Treaty Organisation, do whatever he wants to do", calling Trump Putin's " puppet ". Trump replied that he "of ...

Philippine Police Van Rams Anti-US Protesters at Manila Embassy

20 October 2016, 06:33

Some screamed in shock, others hurled stones at the van and yelled expletives. More than two dozen policemen were injured, police officials said, adding that officers observed "maximum tolerance" but that rowdy protesters kept assaulting the la...

Sensex up 160 points; Bank, metal stocks trade firm

20 October 2016, 06:31

Sector-wise, the S&P BSE banking index moved up by 1.42 per cent, metal index got augmented by 1.36 per cent and finance index increased by 1.05 per cent. All major benchmark indices gained close to a quarter of per cent in trade on October 19. The B...

Wipro Buys Us-Based Cloud Services Firm For $500 Mn

20 October 2016, 06:27

Appirio has 1,250 employees worldwide, with offices in cities including London and Tokyo. Once completed, Wipro's acquisition of Appirio will create one of the world's largest cloud transformation practices. India-based Wipro Limited has reached a ...

China grows steadily at 6.7% on govt spending, realty mkt

20 October 2016, 06:08

The world's second-largest economy grew by 6.7 percent in the three months ending in September compared with a year earlier, data showed Wednesday. That's raising questions about the real trajectory of China's economy when you strip out the prope...

Four key moments of final Clinton-Trump debate

20 October 2016, 05:49

His refusal to say simply that he would accept the result of the election became the main takeaway from the debate and the banner headline in practically every newspaper. He called her campaign "sleazy" and said, "Nobody has more respect for women th...

Ben Roethlisberger Likely Out 4-6 Weeks Following Surgery

20 October 2016, 05:38

While Pittsburgh is 4-2 on the season, is it time for the Steelers to feel a little anxious about their chances of making the playoffs? And then Bradshaw began winning rings and the booing stopped. Follow me on Twitter all season for the lates...

SuperValu Inc. (SVU) Announces Earnings Results, Hits Expectations

20 October 2016, 05:37

However, the bottom line plummeted 23.1% year over year from 13 cents due to lower revenues and soft margins. Though the company's gross profit - $562 million, or $563 million adjusted for store closure costs - did not increase over last year's $58...

Reliance Industries' Second Quarter Net Profit Falls 23%

20 October 2016, 05:33

Analysts on average had expected a profit of Rs.722 crore, according to data compiled by Thomson Reuters . Gross refining margin , or profit earned on each barrel of crude processed - a key profitability gauge for a refiner - was $10.1 per barrel...

Fired Wells Fargo Employees Allege Attempts To Blow The Whistle

20 October 2016, 05:20

Net income applicable to shareholders fell 3.7 percent to $5.24 billion, or $1.03 per share, from $5.44 billion, or $1.05 per share, a year earlier. Citigroup Inc. Revenue rose 2 percent to Dollars 22.33 billion in the third quarter ended September...

Bank of New York Mellon profit beats estimates on lower costs