Finance

Author: 0 Starbucks is selling one of its tea brands for $384 million

The sale of Tazo comes just months after Starbucks closed the last of its Teavana tea shops. Analysts were expecting EPS of $2.06 and revenues of $22.5 billion. Even more concerning was that Starbucks lowered its long-term profit growth forecast, even as it adds more stores. The company said it would introduce fiscal year 2018 financial targets on its conference call later this afternoon.

Finance The Amazon.com's (AMZN)
Author: 0 The Amazon.com's (AMZN) "Outperform" Rating Reaffirmed at Cowen and Company

It has underperformed by 28.59% the S&P500. Calamos Advisors Llc decreased its stake in Amazon.Com Inc (AMZN) by 8.66% based on its latest 2017Q2 regulatory filing with the SEC. Gulf Intl Bancorp (Uk) Limited holds 127,058 shares or 1.75% of its portfolio. The total number of shares of a company owned out there (shares owned by institutional investors, insiders and officers included) are called the company's "shares outstanding".

Finance Ups INC B (UPS) Stake Increased by Janney Montgomery Scott Llc
Author: 0 Ups INC B (UPS) Stake Increased by Janney Montgomery Scott Llc

At the close of regular trading, its last week's stock price volatility was 1.27% which for the month reaches 1.96%. About 2.68 million shares traded or 13.56% up from the average. Oppenheimer has "Buy" rating and $123.0 target. The stock has "Buy" rating by Zacks on Thursday, September 17. The firm earned "Hold" rating on Friday, October 27 by Robert W.

Author: 0 Merck & Co Inc (NYSE:MRK) 2017 Q2 Sentiment

About 437,106 shares traded. (NYSE:MRK) has risen 16.86% since November 2, 2016 and is uptrending. It has outperformed by 0.16% the S&P500. The Franklin Street Advisors Inc holds 75,831 shares with $6.40 million value, up from 69,742 last quarter.

Finance Hillsboro Kmart closing in late January 2018
Author: 0 Hillsboro Kmart closing in late January 2018

The next Kmart to close its doors in the Mahoning Valley is located at 4475 Mahoning Ave. Store employees were notified of the closing today. The chain has closed its other area stores over the past several years. "We will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members".

Finance Oil edges up to near 2-year highs as market tightens
Author: 0 Oil edges up to near 2-year highs as market tightens

Between 2011 and 2013, when domestic crude oil prices (WTI) ranged from $3 per barrel (b) to $27/b lower than foreign crude oil (Brent) on a monthly average basis, refineries on the U.S. Benchmark crude futures were building on the previous session's gains as Wednesday's trading got underway in Asia, after the American Petroleum Institute reported major declines in United States crude as well as gasoline and distillate inventories for the week ended October 27.

Finance Florida gives QB Zaire a shot as starter
Author: 0 Florida gives QB Zaire a shot as starter

He saw action behind redshirt freshman Feleipe Franks in the season opener against MI and played garbage time last week in a 42-7 loss to Georgia, leading Florida to its lone touchdown drive of the game. While at Notre Dame, Zaire played in 17 games and threw for 816 yards and six touchdowns and ran for 324 yards and scored twice. However, by no means will this be a pretty game.

Finance Fed Leaves Rate Unchanged, Opens Door to December Rate Hike
Author: 0 Fed Leaves Rate Unchanged, Opens Door to December Rate Hike

The broad-based S&P 500 gained 0.2% to 2 579.36, while the tech-rich Nasdaq Composite Index shed 0.2% to 6 716.53. The US central bank said solid US economic growth and a strong labor market , while ruling out recent hurricanes, is a sign that the Fed is on track to boost lending costs again in December.

Finance Hershey's releases first new flavor in 22 years
Author: 0 Hershey's releases first new flavor in 22 years

The bar will be available at retailers on December 1. Hershey's latest news is the flawless cure for Halloween withdrawal. "The buttery, sweet taste of Hershey's Gold bars provides an entirely new way for consumers to enjoy our brand", said Melinda Lewis, senior director/general manager of Hershey's Franchise at The Hershey Company.

Finance American Electric Power Co Inc (NYSE:AEP): Stock Sentiment
Author: 0 American Electric Power Co Inc (NYSE:AEP): Stock Sentiment

The stock increased 0.14% or $0.07 during the last trading session, reaching $50.52. About 2.37M shares traded or 137.81% up from the average. (NYSE:AEP) by 125.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).

Finance New softwood duties 'troubling,' but overall lower
Author: 0 New softwood duties 'troubling,' but overall lower

The trade issue will probably not be resolved in the near term as the renegotiation of the North American Free Trade Agreement has taken center stage, Mark Wilde, an analyst with BMO in NY, said Wednesday in an email. In 2016, the USA imported an estimated US$5.66 billion worth of softwood lumber from Canada, the Commerce Department said. "The massive subsidies the Canadian government provides to their lumber industries have caused real harm to US producers and their workers", said Brochu.

Finance NY terror suspect requested ISIS flag in hospital room, documents show
Author: 0 NY terror suspect requested ISIS flag in hospital room, documents show

Investigators say Saipov on Tuesday drove a rented truck along a Manhattan bicycle path, mowing down pedestrians and cyclists until the truck collided with a school bus at a nearby intersection. It also banned him from its platform after the attack. "But when you say it, it makes it harder for DOJ to make that happen", tweeted Andrew C. McCarthy , a former assistant USA attorney for the Southern District of NY.

Finance President Trump announces semiconductor company Broadcom is moving Singapore headquarters to US
Author: 0 President Trump announces semiconductor company Broadcom is moving Singapore headquarters to US

The White House, which made the announcement after Republicans released their overhaul of the tax plan, says this is the largest such move to the U.S.in decades. Flanked by Broadcom CEO Hock Tan and eight employees from the Lehigh Valley, President Donald Trump praised Broadcom as "one of the really great, great companies", noting that it employs more than 7,500 workers across the U.S.

Finance Forget burgers: Mashable writes about emoji for borshch
Author: 0 Forget burgers: Mashable writes about emoji for borshch

November 1, an article "Forget burgers, Ukrainians want an emoji for Boscht" appeared on US digital media website Mashable . As per the Emojipedia , Google is the only tech firm with the cheeseburger having cheese below the patty, Apple , Facebook , Samsung, LG, HTC, Microsoft and others all have their cheeses on top.

Finance Fast food chain owner Yum! Brands shares up after third quarter results
Author: 0 Fast food chain owner Yum! Brands shares up after third quarter results

Brands, Inc. will post $2.81 EPS for the current fiscal year. It has underperformed by 16.70% the S&P500. Its down -0.06, from 0.83 in 2017Q1. Ltd holds 5.9% of its portfolio in Yum! Hennessy Advsr Incorporated accumulated 29,200 shares. If the company can continue executing on its multiyear strategy as it has recently, expect more solid quarters from Yum! Also, the number of investment managers holding Yum Brands Inc in their top 10 holdings decreased from 10 to 5 for a decrease of 5.

Finance Blue Apron: Earnings Miss Is One More Sign of Trouble
Author: 0 Blue Apron: Earnings Miss Is One More Sign of Trouble

Meal-kit delivery company Blue Apron ( APRN .N) beat expectations for quarterly sales on Thursday, as average revenue per customer rose year-over-year, even as subscriptions fell. "It is intentionally allowing revenue growth to slow in an effort to get expenses - marketing and operating - under better control", Northcoast Research analyst Chuck Cerankosky said via email.

Finance Whole Foods hiring 'on-the-spot' Thursday for 200 Pacific Northwest jobs
Author: 0 Whole Foods hiring 'on-the-spot' Thursday for 200 Pacific Northwest jobs

Full-time, part-time and seasonal jobs will be available. The store is hiring cashiers, culinary experts and prepared food specialists. The company says it offers team members several benefits including 20 percent off purchases, flexible hours, and competitive pay along with health and dental for full and part-time employees.

Author: 0 US, AT&T discussing conditions for Time Warner deal

Brean Capital reiterated a "buy" rating on shares of Time Warner in a research note on Tuesday, July 26th. Time Warner Inc. (NYSE:TWX) has a 20-Day average volume of 5.98 Million. Stock in Time Warner was trading during late morning trading down $3.63, or by 3.7 percent, at $94.76. TWX has diverse figures for different time frames; starting from week's performance moved down -0.33% in last five regular trading sessions.

Author: 0 United Kingdom bank may be 'criminally complicit' in Gupta transfers

The bank, headquartered in to United Kingdom, allegedly ignored warnings of suspicious transactions linked to the Guptas, who are accused by campaigners in South Africa of exploiting their close links with the president to further their business interests.