Business

Business Snap hasn't sold many Spectacles but still says hardware's the future
Author: 0 Snap hasn't sold many Spectacles but still says hardware's the future

Snap laid off roughly a dozen people supporting the hardware division that makes its Spectacles camera glasses last month, as we previously reported . Much of the stock is sitting inside warehouses and will, sooner or later, need to be written off, affecting the company's financials. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .

Author: 0 Caterpillar, Inc. (NASDAQ:CAT) To Release Earnings

Several other research firms have also weighed in on CAT. Motco raised its position in shares of Caterpillar by 264.9% during the 2nd quarter. Earnings Per Share (EPS), the portion of a company's profit distributed to each outstanding common share, is a useful indicator of a company's profitability.

Business Profits rise 3.3pc for India's Infosys, above expectations
Author: 0 Profits rise 3.3pc for India's Infosys, above expectations

Net profit for the three months to September 30 rose to 37.26 billion rupees (RM2.42 billion) from 36.06 billion rupees for the same period a year earlier, the firm said in a statement. In constant currency terms, Infosys' revenues grew 2.22 per cent sequentially. Earlier, an independent investigation had found no substance in whistleblower allegations of Infosys CEO Vishal Sikka being paid excessive compensation in relation to the deal.

Business Microsoft drops suit as U.S. authorities limit data gag orders
Author: 0 Microsoft drops suit as U.S. authorities limit data gag orders

You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy . "As we said when we filed the lawsuit, we believe customers have a constitutional right to know when the government gets their email or documents, and we have a right to tell them".

Business Healthcare Realty Trust Inc (HR) Seeing Increased Action in Session
Author: 0 Healthcare Realty Trust Inc (HR) Seeing Increased Action in Session

About shares traded. Education Realty Trust, Inc. The company has market cap of $2.48 billion. Lexington Realty Trust (NYSE:LXP) has risen 5.44% since October 23, 2016 and is uptrending. On Friday, December 2 the stock rating was initiated by Guggenheim with "Neutral". Huntington National Bank increased its position in Healthcare Realty Trust by 36.7% during the 2nd quarter.

Business VW diesel emission fixes given USA approval, avoiding buybacks
Author: 0 VW diesel emission fixes given USA approval, avoiding buybacks

The U.S. Environmental Protection Agency and the California Air Resources Board approved the fix for 3-liter diesel engines in 2013-2016 models of the Volkswagen Touareg and Porsche Cayenne and the 2015 Audi Q7. Previously, VW agreed to a $1.22 billion settlement to buy back the V6 diesel vehicles and pay the owners who get the vehicles fixed between $8,500 and $17,000.

Business Costa coffee owner Whitbread's interim profit rises on expansion
Author: 0 Costa coffee owner Whitbread's interim profit rises on expansion

Underlying profit in the six months to the end of August was £328 million while revenue was up year on year by 7.4% to £1.67 billion. Ms Brittain used the robust occupancy figures to defend criticism about the chain's reduced rate of revenue per available room - a key industry performance metric known as RevPAR - which partly explained why Whitbread shares fell more than 4pc to £37.73 after the update.

Business ₹92150 crore collected as GST in September
Author: 0 ₹92150 crore collected as GST in September

Late fee payment has been waived for late GST returns filed in August and September. Correcting word in para 1) New Delhi , Oct 24 (PTI) The government has collected Rs 92,150 crore as Goods and Services Tax (GST) in September from 42.91 lakh businesses, the finance ministry said today.

Business Malayalam director IV Sasi passes away, he was 69
Author: 0 Malayalam director IV Sasi passes away, he was 69

Sasi is best known for his movies Devasuram, Mrigaya, Adiyozhukkukal among others. Sasi was known to be instrumental in making both Mammootty and Mohanlal the big stars that they are today. "I salute the master of Malayalam movie industry who made the viewers and actors, including me, understand the basics of cinema". I.V. Sasi was planning to direct the biggest project of his career "The Wells" based on the Kuwait war.

Business Australian teacher shot dead in Nairobi
Author: 0 Australian teacher shot dead in Nairobi

Fairfax say Gabrielle Maina was gunned down and her purse stolen while she walked along a road in the suburb of Karen, about 10am Thursday local time. "Gabrielle was truly committed to her faith and her family, which took her to Kenya where in recent years she committed herself to educating young children".

Business Mobile Ducks Q3 Call to Avoid Sprint Rumors
Author: 0 Mobile Ducks Q3 Call to Avoid Sprint Rumors

The results topped Wall Street expectations. T-Mobile US, Inc. (NASDAQ:TMUS) now has an ABR of 1.58 heading into today's announcement. Shell Asset Management Co. First Manhattan has invested 0% in T-Mobile US Inc (NASDAQ:TMUS). It has outperformed by 45.93% the S&P500. More notable recent T-Mobile US Inc (NASDAQ:TMUS) news were published by: Nasdaq.com which released: "Why Earnings Season Could Be Great for T-Mobile US (TMUS)" on October 20, 2017, also Nasdaq.com with their article: "Is ...

Author: 0 Verizon Communications Inc. (VZ) Shares Bought by DT Investment Partners LLC

Lodestar Investment Counsel Llc decreased its stake in Verizon Communications Inc. Shares of Verizon Communications ( NYSE VZ ) traded down 0.616% on Friday, hitting $49.225. Investors of record on Tuesday, October 10th will be paid a dividend of $0.59 per share. 54,678 are owned by Cannell Peter B &. The legal version of this story can be accessed at https://www.dispatchtribunal.com/2017/10/24/verizon-communications-inc-vz-upgraded-at-valuengine.html.

Business Singapore to freeze auto numbers
Author: 0 Singapore to freeze auto numbers

Singapore, whose total population has risen almost 40 percent since 2000 to about 5.6 million now, counted more than 600,000 private and rental cars on its roads as of a year ago. The country's population of 5.6 million is expected to rise to almost 7 million by then. They account for more than 600,000 private and rental cars as of previous year, including cars used by ride-hailing services such as Grab and Uber.

Business JetBlue Flight Diverted to JFK After Hitting Birds in Boston
Author: 0 JetBlue Flight Diverted to JFK After Hitting Birds in Boston

It's unclear if the plane itself, reported to be an Airbus 320 model, suffered any damage during the incident. There were 144 passengers on board. The crew of Flight 877 declared an emergency and meant to return to Logan. The crew declared an emergency out of an "abundance of caution" and diverted to JFK Airport, where it safely landed just before 7:30 p.m., JetBlue officials said.

Author: 0 PayPal Holdings, Inc. (NASDAQ:PYPL) Trading Down - Short interest grew by 5.28%

The Business's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform. On average, equities research analysts forecast that PayPal Holdings, Inc . will post $1.84 EPS for the current fiscal year. UBS maintained Paypal Holdings Inc (NASDAQ: PYPL ) rating on Thursday, October 29.

Author: 0 Technical Analysis Perspective: Gilead Sciences, Inc. (GILD), CorMedix, Inc. (CRMD)

Ferguson Wellman Capital Management Inc who had been investing in Gilead Sciences for a number of months, seems to be less bullish one the $105.18 billion market cap company. Ishares Tr (IVV) was raised too. (NASDAQ: GILD ). Fukoku Mutual Life Ins holds 6,800 shares or 0.07% of its portfolio. Therefore 60% are positive. The rating was maintained by Morgan Stanley with "Equal-Weight" on Thursday, May 26.

Author: 0 Chicago releases list of possible Amazon headquarters sites

Last month, Amazon announced it wanted to open a second North American headquarters, setting off a scramble among economic development officials from the United States, Canada and Mexico eager for as many as 50,000 jobs and $5 billion of investment the company says it plans to make in another city.