Business

Business Self-Driving In Snow: Waymo To Start Tests In Michigan
Author: 0 Self-Driving In Snow: Waymo To Start Tests In Michigan

Waymo has had a research center in MI since 2016, but this is the first time it will be testing in the state. The self-driving cars Google designed are going to the snow - and the seat of the vehicle industry. The company chose the state to see how vehicles will respond in snow, sleet, and ice. Waymo has been mapping areas in Metro Detroit and wants to assess how its sensors perform in wet, cold conditions.

Business Asian Asset Sales and Cost Cuts Lifts ANZ to Profit
Author: 0 Asian Asset Sales and Cost Cuts Lifts ANZ to Profit

The bank CEO however, citing fierce competition and tougher regulation, warned the current year would get more challenging. ANZ chief executive David Hisco has had a strong year. The bank's credit impairment charge dropped from $149 million in 2016 to $59m in 2017. Unaudited cash profit, which excludes one-time items, rose to A$6.94 billion ($5.3 billion) in the 12 months ended September 30, from A$5.9 billion a year earlier, the Melbourne-based bank said in a statement Thursday.

Author: 0 $0.01 EPS Expected for Kinross Gold Corporation (USA) (KGC)

Goldman Sachs Group, Inc. Kinross Gold Corporation earned a daily sentiment score of 0.18 on Accern's scale. Kinross Gold Corp (NYSE:KGC) shares traded on -0.96% below secure line and closed at $4.12. Bank of America upgraded the shares of KGC in report on Tuesday, May 23 to "Buy" rating. On Monday, March 7 the stock rating was maintained by BMO Capital Markets with "Outperform".

Business 'Chaos and shambles' as May and Davis at odds on Brexit vote
Author: 0 'Chaos and shambles' as May and Davis at odds on Brexit vote

The EU Withdrawal Bill will next be debated in Parliament on November 14 and 15. It appeared stalled after attracting almost 400 tabled amendments - including a number proposed by members of Prime Minister Theresa May's own ruling Conservative party - amid concerns over an excessive expansion of executive power.

Business European Central Bank cuts bond purchases to end era of easy money
Author: 0 European Central Bank cuts bond purchases to end era of easy money

Touted as one of the biggest market events of the week, Draghi is expected to half the value of QE at the ECB - which floods the European financial system with cheap money - from €60 million a month to around €30 million a month. ING chief economist Carsten Brzeski said: "Today's decision is a sea change but a very gentle one; not a big-bang u-turn in European Central Bank monetary policy".

Business Billionaires get $1 trillion richer
Author: 0 Billionaires get $1 trillion richer

China's new billionaires helped boost Asian membership of the ultrawealthy club to 637 previous year, compared to 563 in the USA, according to the firms' annual Billionaires Insight Report. 'The societal effect of great wealth is, however, not exclusively economic. "Through their own passion for arts and sports, they are playing an increasingly important role in enriching the cultural life of communities".

Author: 0 Ford Motor Company Q3 2017 Earnings Boost Stock

Pre-tax results improved 61% in the Middle East and Africa. In pre-market activity, Ford shares were gaining around 1.04 percent to trade at $12.18. Costs improved by about $700 million in the quarter. It also owns the luxury vehicle brand, Lincoln. The No. 2 US auto maker by sales on Thursday reported net income of $1.6 billion for the July through September period, as stronger pricing on truck and sport-utility sales in its home market and a record profit in Asia helped offset losses in ...

Author: 0 Imperial Capital Cuts Alaska Air Group, Inc. (ALK) Price Target to $70.00

It has outperformed by 31.27% the S&P500. Shares have moved $5.91 over the past month and more recently, $-1.4 over the past week heading into the earnings announcement. 142,895 are owned by Natl Planning. Tanaka Capital Mngmt Inc owns 19,832 shares. Rhumbline Advisers invested in 235,250 shares. Texas-based Texas Permanent School Fund has invested 0.16% in Ford Motor Company (NYSE:F).

Business Stock Highlights on Spirit Realty Capital Inc (SRC)
Author: 0 Stock Highlights on Spirit Realty Capital Inc (SRC)

Other equities research analysts have also issued research reports about the stock. The stock of Spirit Realty Capital, Inc (New) (NYSE: SRC ) earned "Buy" rating by BTIG Research on Thursday, August 25. This represents a $0.72 annualized dividend and a dividend yield of 8.89%. The ex-dividend date of this dividend was Thursday, September 28th. Spirit Realty Capital's dividend payout ratio (DPR) is presently 514.29%.

Business Supersonic Bloodhound Carries Out First Public Trials
Author: 0 Supersonic Bloodhound Carries Out First Public Trials

The car's makers are hoping to break the world land speed record in Northern Cape, South Africa in 2019, the BBC News reported on Thursday. Over 20 years later, he will be making the first public tests of a vehicle created to go over 1000mph.

Author: 0 Barrick Gold Corporation (ABX) Announces Quarterly Earnings Results

During the same quarter in the prior year, the business earned $0.24 EPS. "The $300 million number was, again, come to on the basis of probability both parties agreed that could be the region of a settlement", Barrick Chief Operating Officer Richard Williams said on a conference call Thursday with analysts.

Business Two-thirds of US baby food tested positive for arsenic, dangerous toxins
Author: 0 Two-thirds of US baby food tested positive for arsenic, dangerous toxins

Their study concluded that all the chemicals pose serious threats to developing infants. Plus, 60% of products claiming to be " BPA free " tested positive for the industrial chemical bisphenol A . 80 per cent of infant formula samples were also found to contain arsenic, a toxin which the World Health Organisation associates with a slew of health issues such as cardiovascular disease , diabetes and cancer.

Author: 0 EPS for Newmont Mining Corp (NEM) Expected At $0.29

Savings Bank Of Ny Mellon invested 0.09% of its portfolio in Newmont Mining Corp (NYSE: NEM ). Becker Capital Management Inc. now owns 806,943 shares of the basic materials company's stock valued at $26,597,000 after purchasing an additional 10,995 shares in the last quarter.

Business Buffalo Wild Wings shares soar on 3Q earnings
Author: 0 Buffalo Wild Wings shares soar on 3Q earnings

Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating and six have given a buy rating to the company's stock. In order to gauge which way a stock is trending, you must compare a stock's share price to its moving average.

Business Markets trade lower; Sensex at 33025 mark
Author: 0 Markets trade lower; Sensex at 33025 mark

The broader 50-share Nifty finished at its fresh lifetime high of 10,295.35, up by 87.65 points, or 0.86 per cent. Benchmark NSE Nifty50 index was 57 points up at 10,265, while the BSE Sensex was 288 points up at 32,895. "SBI was the top percentage gainer in the NSE Nifty, surging as much as 27 per cent to its highest since January 2015". The BSE bank index rose by 4.71 per cent to end at 28,329.12.

Business Legoland to Open New York Theme Park in 2020
Author: 0 Legoland to Open New York Theme Park in 2020

ESD President, CEO and Commissioner Howard Zemsky said, " LEGOLAND New York will further anchor the Mid-Hudson region as a top-notch destination for visitors to New York state and will generate millions in local investment for the Town of Goshen".

Author: 0 "Challenging" revenue environment weighs on Deutsche Bank despite profit rise

The German bank said net income in the quarter was EUR649 million ($766.7 million) compared with EUR278 million in the same period previous year, helped by lower operating costs and legal expenses. Deutsche Bank has cited progress on both of its overhaul initiatives, in the retail bank and asset management. "We are convinced that the benefits of our efforts will step by step become more apparent in the coming quarters and years", Cryan stressed.

Business Barclays profits jump 31% to £1.1bn
Author: 0 Barclays profits jump 31% to £1.1bn

Profits at Barclays bank rose to £1.1bn but a weak trading performance in its investment bank held back the group, according to third-quarter results released today. Return on tangible equity (ROTE) at the corporate and investment bank was 5.9% in the third quarter, down from 9.2% previous year, while the total return for the group rose to 5.1% from 3.6%.