Finance

Finance Beeching's axed railway lines may be back on track
Author: 0 Beeching's axed railway lines may be back on track

This industry has reversed decades of decline under British Rail, delivered new investment and new trains, and doubled the number of passengers. Mr Grayling said: 'Many commuter services are full and getting busier and passengers know how much pressure the network is under.

Finance Cyber Monday topped Prime Day to become Amazon's biggest shopping day ever
Author: 0 Cyber Monday topped Prime Day to become Amazon's biggest shopping day ever

More than $6.5 billion is expected to have been spent on Cyber Monday , while Black Friday and Thanksgiving Day brought in $5.03 billion and $2.87 billion in revenue, respectively, Adobe found. "Cyber Monday was our biggest day ever!" Amazon has more than 100,000,000 items eligible for free shipping. Again, how many orders that means is anyone's guess.

Author: 0 Could Merck & Company Incorporated (NYSE:MRK) Change Direction After Less Shorts?

The stock rose 0.18% or $0.01 reaching $5.67 per share. The stock's quarterly performance indicates a negative momentum of -12.98 percent, whereas its last one month trend is pessimistic with -5.68 percent. The company was maintained on Wednesday, February 8 by JP Morgan. The firm earned "Sell" rating on Thursday, May 25 by Jefferies. The firm has "Buy" rating by UBS given on Friday, August 19.

Finance Kellogg cuts sugar in top three children's cereals
Author: 0 Kellogg cuts sugar in top three children's cereals

The cereals giant is cutting sugar by 20-40 per cent in Coco Pops, Rice Krispies, and Rice Krispies Multi-Grain shapes, while also putting a stop to on-pack promotions aimed at kids on Frosties. In March, officials at Public Health England urged food firms to cut sugar by 5% this year and 20% by 2020. The lines affected by the move are Coco Pops, Rice Krispies and Rice Krispies Multi-Grain Shapes.

Finance Nokia denies reported takeover talks with Juniper Networks
Author: 0 Nokia denies reported takeover talks with Juniper Networks

Capital Guardian Trust Co. now owns 3,645 shares of the network equipment provider's stock valued at $103,000 after buying an additional 77 shares during the last quarter. Barclays dropped their target price on Juniper Networks from $32.00 to $28.00 and set an "equal weight" rating on the stock in a report on Wednesday, October 25th.

Finance 3% GDP Growth Far Below What Modi Govt Promised: Chidambaram
Author: 0 3% GDP Growth Far Below What Modi Govt Promised: Chidambaram

Niti Aayog Vice-Chairman Rajiv Kumar expected the economy to grow in the second quarter at 6.2-6.3 per cent. Jaitley said that improvement in the global economy and good monsoon will aid India GDP growth in the coming quarters which ought to be better if the country is to achieve the annual growth target.

Finance 'Santa Claus' Glitch Leaves Flights Pilot-less for Holidays
Author: 0 'Santa Claus' Glitch Leaves Flights Pilot-less for Holidays

American, the world's biggest airline, has about 15,000 active pilots and expects to operate more than 200,000 flights in December. The Allied Pilots Association tells CNN it learned about "a failure within the pilot scheduling bidding system" last Friday.

Finance Police pull over car carrying very large Christmas tree
Author: 0 Police pull over car carrying very large Christmas tree

The vehicle was stopped about 40 kilometres west of Boston. It looks like a classic scene from "Christmas Vacation", where the Griswold family puts a tree that is comically large on top of their station wagon. "We just gave a warning in light of the holiday spirit", Sudbury Police Chief Scott Nix told TODAY. "It was unsafe to operate [the vehicle]". Nix said that there are dangers for tying a tree to a vehicle like the family did.

Finance India's economic growth may rebound as demo, GST impact fades
Author: 0 India's economic growth may rebound as demo, GST impact fades

Moody's Investors Services recently upgraded India's sovereign rating for the first time in almost 14 years, saying the country was poised for fast growth because of wide-ranging economic and institutional reforms by Prime Minister Narendra Modi's government.

Finance Officer accidentally shoots partner with stun gun
Author: 0 Officer accidentally shoots partner with stun gun

Footage from Riverside Police shows two officers in a scramble pulling the suspect out of a auto on Thanksgiving Day when the officer pulls out his taser, according to AP. state of OH did not go quite as expected when one of the officers accidentally tasered his partner during a heated altercation with a man who refused to provide his ID.

Finance Firms team up on hybrid electric plane technology
Author: 0 Firms team up on hybrid electric plane technology

Paul Stein, the Rolls-Royce chief technology officer, said: "Aviation has been the last frontier in the electrification of transport, and slow to catch up". Frank Anton, the head of eAircraft at Siemens, said: "We have to get more than 10 times the power out of the same weight". Stein suggests the technology could open up new markets.

Finance Fed's Beige Book says inflation pressures have strengthened
Author: 0 Fed's Beige Book says inflation pressures have strengthened

The situation is projected to get worse as the USA population ages, and as spending on health programs and social security "grow more rapidly than tax revenues" - which "should be a very significant concern". Yellen largely offered an upbeat assessment of the USA economy, saying the growth rate has picked up the pace in recent months. Hours before, the Commerce Department reported that USA gross domestic product surged up by an upwardly revised 3.3% in the third quarter compared to the ...

Finance Royal Bank of Canada Reveals 12% Increase In Q4 Profit
Author: 0 Royal Bank of Canada Reveals 12% Increase In Q4 Profit

Guardian Capital Advisors LP now owns 437,257 shares of the financial services provider's stock valued at $44,057,000 after buying an additional 1,571 shares during the period. The financial services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.34 by $0.06. Royal Bank Of Canada makes up about 7.3% of Greystone Managed Investments Inc.'s investment portfolio, making the stock its 2nd biggest position.

Finance Nasdaq joins the Wall Street gold rush to offer bitcoin futures
Author: 0 Nasdaq joins the Wall Street gold rush to offer bitcoin futures

Speaking about Bitcoin, Shawn Matthews, CEO of Cantor Fitzgerald & Co, the firm's brokerage arm, expressed confidence that retail traders would embrace their new derivative, with an eye on institutional players. In October, Adena Friedman, Nasdaq's CEO, described initial coin offerings as "bleeding edge". A Nasdaq spokesperson said that the exchange's futures would differentiate from CBOE and CME because Nasdaq would base its price off of 50 bitcoin sources from around the world, while CBOE is ...

Finance Third Quarter GDP Upwardly Revised from 3.0% to 3.3%
Author: 0 Third Quarter GDP Upwardly Revised from 3.0% to 3.3%

The government says third-quarter growth exceeded the 3 percent expansion it had initially reported. The general picture of economic growth remained the same. So far this year, however, the economy has expanded less than 2.5 percent, in line with growth in prior years. Wednesday's estimate will be revised one more time before the end of the year.

Finance Chipotle Looking For New Chief Executive
Author: 0 Chipotle Looking For New Chief Executive

The stock closed Tuesday at $285.86. Ells had to navigate a minefield of problems over the past two years, beginning with a string of foodborne-illness outbreaks. It had also named new board members following pressure from activist investor Bill Ackman . "We remain excited as ever about the future of the company", a Pershing Square spokesman told FOX Business.

Finance LSE boardroom row prompts departure of CEO Rolet
Author: 0 LSE boardroom row prompts departure of CEO Rolet

LSE's chief financial officer David Warren will fill in for Mr Rolet until a permanent successor is found. The company called on TCI to withdraw its demand for a shareholder meeting. Mr Rolet was due to leave next year, but one of the firm's biggest shareholders claimed he was forced out. "But it's in the interest of all parties involved that clarity is provided as soon as possible", he said, when asked for his views as he presented the results from the BoE's latest stress tests.

Finance ESPN cuts 150 jobs as layoffs continue at sports broadcast giant
Author: 0 ESPN cuts 150 jobs as layoffs continue at sports broadcast giant

Those affected will receive severance pay, a 2017 bonus and the continuation of health benefits, according to the memo. Following the newest round of layoffs, ESPN will reportedly fly its entire staff out to its CT headquarters for a presentation covering the recent updates to the company's social media policy.