Finance

Finance GoPro quits the drone business
Author: 0 GoPro quits the drone business

Additionally, GoPro said it is pulling the plug on its Karma drone business after more than a year of false starts, product stumbles and disappointing sales. GoPro ended the fourth quarter with cash and cash equivalents of $247 million, up $50 million over the third quarter of 2017. The company had previously announced a layoff of about 200 employees in November of 2016.

Finance Sensex Over 190 Points up at 34346, Nifty Over 50 Points Higher
Author: 0 Sensex Over 190 Points up at 34346, Nifty Over 50 Points Higher

On Friday, the government lowered economic growth forecast to 6.5 percent for 2018 fiscal that ends on March 31 from 7.1 percent in the previous year. Other big gainers include Hero MotoCorp, IndusInd Bank, ITC Ltd, Hindustan Unilever, HDFC Ltd, Wipro , Tata Motors, Reliance Industries, ICICI Bank, M&M, Kotak Bank, Maruti Suzuki, Yes Bank, Power Grid and HDFC Bank, rising by up to 1.37 per cent.

Finance Uber's future self-driving fleet will pack Nvidia chips
Author: 0 Uber's future self-driving fleet will pack Nvidia chips

Uber and Nvidia announced at CES that the two have teamed up on the ride-hailing giant's push into the autonomous space. With Volkswagen, Nvidia has stated that it is infusing its artificial intelligence technology into the German automakers' future lineup, using Nvidia's new Drive IX platform.

Finance Fire Erupts as Airliners Collide at Toronto's Pearson Airport
Author: 0 Fire Erupts as Airliners Collide at Toronto's Pearson Airport

The incident occurred just after 6 p.m., when an empty Sunwing aircraft, which was being towed, collided with a WestJet plane that had just landed after arriving from Cancun, Mexico. There were no passengers aboard the Sunwing plane at the time of the collision. "Out of nowhere there was an audible crunch and the plane rocked slightly", Gustavo Lobo, a passenger aboard the WestJet plane told CBC News .

Finance Girl Scouts celebrate start of cookie season
Author: 0 Girl Scouts celebrate start of cookie season

Thin Mints, Tagalongs, Samoas , and all the other classic flavors are back on deck. This season marks the 101st year the Girl Scouts have been selling cookies, and in honor of that, the organization's bringing back the s'mores cookie . The "Campfire Cocoa" coffee drink will be on sale at Dichotomy Coffee on Austin Ave. during Girl Scout cookie selling season, which starts on January 17 and runs through February 25th.

Author: 0 Barclays Analysts Give Apple (AAPL) a $162.00 Price Target

Apple Inc. (NASDAQ: AAPL)'s short interest is 52.15 million shares, or % of the float. It has outperformed by 45.78% the S&P500. Peter Schliemann increased its stake in Manitowoc Company Inc. Armbruster Capital Management Inc. increased its position in Apple by 35.1% in the third quarter. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the stock.

Finance Crude Oil Price Retreats After Hitting 2015 Highs
Author: 0 Crude Oil Price Retreats After Hitting 2015 Highs

Brent crude, the global benchmark, on Friday settled up 23 cents at $68.07 a barrel after hitting a high of $68.27 earlier in the session. West Texas Intermediate for February delivery was at $61.67 a barrel on the New York Mercantile Exchange, up 4 cents, at 8:56 a.m.

Author: 0 Plains All American Pipeline (PAA) Coverage Initiated at Credit Suisse Group

About 3.03M shares traded. Chickasaw Capital Management Llc who had been investing in Plains All American Pipeline L for a number of months, seems to be bullish on the $16.21 billion market cap company. The rating was downgraded by Stifel Nicolaus to "Hold" on Wednesday, January 13. On Tuesday, October 24 the stock rating was maintained by Bank of America with "Underperform".

Finance Airliner makes emergency landing at NYC's Kennedy airport
Author: 0 Airliner makes emergency landing at NYC's Kennedy airport

Kennedy International. That plane had no passengers onboard. There were no reported injuries, the Daily News reported. NBC New York reports that the passengers aboard the Kuwait Airways flight had been taken to hotels while they waited to be rebooked on alternative flights.

Author: 0 Verizon's 5G home networks will use Samsung hardware

AT&T aims to be the first US carrier to provide fifth-generation, or 5G, mobile service to phone customers this year, pitting the wireless giant against Verizon Communications and T-Mobile US in a costly network upgrade race to spur revenue growth.

Author: 0 Noble (NE) Debt Trading 3% Higher

Schwartz Investment Counsel Inc who had been investing in Noble Energy Inc for a number of months, seems to be bullish on the $15.33B market cap company. BMO Capital Markets maintained the shares of NBL in report on Thursday, August 3 with "Buy" rating. Investors sentiment decreased to 0.89 in Q3 2017.

Author: 0 Alibaba Group Holding Ltd (BABA) Earns Outperform Rating from Robert W. Baird

It has outperformed by 40.63% the S&P500. Kornitzer Capital Management Inc decreased its stake in Rio Tinto Plc Sponsored Adr (RIO) by 4.59% based on its latest 2017Q3 regulatory filing with the SEC. The PEG ratio shows us that, when compare to the beer company, the always-popular tech company doesn't have the growth rate to justify its higher P/E, and its stock price appears overvalued.

Author: 0 David R. Rahn & Associates Inc. Takes $752000 Position in General Electric (GE)

Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mngmt has 130,000 shares for 0.03% of their portfolio. KeyCorp (NYSE:KEY) has risen 43.10% since January 6, 2017 and is uptrending. Cubist Systematic Strategies Llc, which manages about $1.79B US Long portfolio, upped its stake in Halyard Health Inc by 17,867 shares to 18,801 shares, valued at $847,000 in 2017Q3, according to the filing.

Author: 0 Charles Schwab Corp (SCHW) Rating Reiterated by Bank of America Corp

About 2.40 million shares traded. The Priceline Group Inc. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since January 4, 2017 and is downtrending. Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated The Charles Schwab Corporation (NYSE:SCHW) as Buy, 0 analysts given Outperform signal, 3 reported Hold, and 0 analysts rated the stock as Sell.

Author: 0 Shares Observed in Overbought Territory: Express Scripts Holding Company (NASDAQ:ESRX)

The shares price has positioned 18.87% up over the past quarter while it has directed 18.81% toward a rising position throughout past six months. Take-Two Interactive Software, Inc. The firm has "Buy" rating given on Wednesday, August 10 by Deutsche Bank. The rating was upgraded by Citigroup to "Buy" on Friday, November 13. On Monday, October 5 the stock rating was maintained by Leerink Swann with "Outperform".

Finance Why some theaters won't screen upcoming Slender Man movie
Author: 0 Why some theaters won't screen upcoming Slender Man movie

Both girls told detectives they had to kill the other girl to protect their families from Slender Man . The father of one of two Wisconsin girls who attacked their classmate in an effort to please horror character Slender Man says Sony Pictures' decision to release a movie about the character is in poor taste.