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Warren Buffett criticises Wall Street as Apple investment pays off

Operating earnings per Class A equivalent share fell to $2,665 from $2,843 in the a year ago period. That overshadowed the 6 percent profit decline at Berkshire...

Tesla posts loss but says Model 3 rollout still on track

It plans to keep ramping up Model 3 production until it hits 5,000 cars a week in the fourth quarter and 10,000 vehicles a week in 2018. "I think it's probabl...

UP elections: 60.37% turnout in fourth-phase amid stray incidents of violence

EC recovered Rs 13.49 crore in cash and liquor worth Rs 8.17 crore in the run up to fourth phase voting. The clash took place when vehicles of SP candidate Sidd...

North Korea blasts Malaysia for Kim Jong Nam's assassination

Officials from the Vietnam embassy were also seen at the station. "We have notified the police that we will be coming here (Sepang IPD) again tomorrow", he ad...

Moose Toys recalls Little Live Pets Lil Frog due to hazards

When the batteries are removed from the toy, the battery's cap can become a projectile and chemicals can leak, the CPSC said. At this time the company is awar...

PM slams 'hypocrite' Shorten on penalty rates

The crux of the decision is contained in one sentence in the FWC's decision, where it suggests that "for many workers Sunday work has a higher level of disuti...

Israelis seek their next adventure - in North Korea

The revelation that VX nerve agent killed Kim has boosted speculation that North Korea had dispatched a hit squad to Malaysia to kill Kim, whose younger half br...

Berkshire Hathaway gains $1.6 bln from its huge bite of Apple

The Omaha, Neb., conglomerate runs a large insurance operation as well as railroad, utilities, industrial manufacturers, retailers and even auto dealerships. Sm...

Tesla Motors, Inc. (TSLA) Issues Earnings Results, Misses Estimates By $0.26 EPS

Tesla Motors's revenue was up 88.2% on a year-over-year basis. The stock witnessed 0.54% gains, 38.73% gains and 13.85% gains for the 1-month, 3-month and 6-mo...

Emcor Group misses 4Q profit forecasts

EMCOR Group has an average rating of Hold and a consensus price target of $64.60. Company insiders own 2.40% of the company's stock. The company issued revenue ...

Teekay Tankers Ltd. (TNK) Issues Quarterly Earnings Results

Shares of Teekay Tankers (NYSE:TNK) traded down 1.016% on Thursday, hitting $2.435. The company also generated GAAP consolidated income from vessel operations...

How penalty rate cuts affect women and therefore the economy

The company noted that applying the cuts to penalty rates was a choice. Although both measures are opposed by the government and therefore won't be achieved i...

Abercrombie & Fitch Co. (NYSE:ANF), FMC Technologies, Inc. (NYSE:FTI)

This Company belongs to Retail-Wholesale sector. The analysts' present consensus range is $-0.82-$-0.46 for EPS. Abercrombie & Fitch Co.is now showing -104.5%...

Barclays Africa gets R12.8bn 'divorce settlement'

In March last year, Barclays had revealed its intentions to divest majority of its stake in the African subsidiary over a 2-3 year period as part of an overhaul...

Cautious Bank of Ireland delays resumption of dividend

This would be the first dividend payments since the crash in late 2008. The company's pension deficit narrowed to about 450 million euros from about 740 milli...

China says has no intention of using currency devaluation to its advantage

That's a long time from when Trump had originally pledged to deem China a currency manipulator: His first day in office. The Obama and Trump administrations h...

Berkshire Hathaway Q4 Profit Up 15%

Buffett also lauded what he called the "miraculous" performance of the US economy, a dynamic he expects to help boost the company's own bottom line. Berkshire...

Canada's MacDonald Dettwiler to Buy US Satellite-Imaging Firm DigitalGlobe

CSFB cut their target price on Macdonald Dettwiler & Associates from C$97.00 to C$93.00 in a research report on Wednesday, November 2nd. Macdonald Dettwiler & A...

Fair Work decision good or bad?

Hospitality workers face Sunday penalty rates cut but could the move create more jobs? "For many workers, Sunday work has a higher level of disutility than...

No word on whether Houston-area JC Penneys will close

The department store chain said it is initiating a voluntary early retirement program for about 6,000 eligible employees - far more than the number of full-time...

Ohio's John Kasich, former Trump rival, visits White House

Kasich accepted the Medicaid expansion component of the Affordable Care Act, eventually extending health-care coverage to 700,000 low-income Ohioans, and has lo...

Fate of mid-Missouri JC Penney stores unknown at this time

Gelb speculates, J.C. Penney stores in prominent locations like Memorial City Mall will not be effected by the downsizing. While news of the closings and the ...

Trader's Buzzers: Frontier Communications Corporation (NASDAQ:FTR)

Many analysts are providing their Estimated Earnings analysis for Frontier Communications Corporation and for the current quarter 10 analysts have projected tha...

JC Penney To Shutter Up To 140 Stores Amid Disappointing Sales

Along with the stores Penney's plans to close, it will shutter two distribution centers. The Company plans to notify all affected employees before it releases...

Forward Earnings Estimate of PayPal Holdings, Inc.(PYPL)

Institutional investors and hedge funds own 80.78% of the company's stock. Edgewood Management LLC owned about 1.52% of PayPal Holdings worth $706,727,000 at th...

Biggest Movers in Healthcare: INSYS Therapeutics, Inc. (INSY), The Medicines Company (MDCO)

Given that its average daily volume over the 30 days has been 1.03 million shares a day, this signifies a pretty significant change over the norm. The 52-week h...

Eldorado Gold reports 4Q loss

The last session's volume of 2.29 million shares was higher than its average volume of 2.27 million shares. The stock's market cap is $2.62 billion. This showed...

Tesla is planning at least three more Gigafactory locations

Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric vehicle c...

Bearish Target Of Mondelez International, Inc. (NASDAQ:MDLZ) At $45

The stock has a Return on Assets of 2.6 percent, Return on Investment of 5.8 percent and a Return on Equity of 6.1 percent. Among analysts who offered their A...

Pearson loss widens amid falling sales in U.S. education business

The Penguin-Random House owner made a £2.6bn pre-tax loss after taking a £2.55bn non-cash charge for "impairment of goodwill reflecting trading pressures in our...

Hammered by internet, United States chain closing 140 stores

Penney's chairman and chief executive officer, Marvin Ellison, said in statement. The stores will shut down in the second quarter of 2017. JCPenney projects...

Stewart & Wight plc (STE) Plans Dividend of GBX 10

Credit Suisse Group lifted their price objective on shares of Antofagasta plc from GBX 530 ($6.61) to GBX 550 ($6.86) and gave the company an underperform ratin...

TSX declines after climbing to record high on Tuesday

Seven of the index's 10 main groups ended lower, with industrials falling 1.2 percent as railroad stocks lost ground. For the week, the index was on track to ...

More retailers announce store closures

In light of the impact closures will have on JCPenney associates, the company is offering an early retirement program. The closures represent roughly 14% of t...

What are Analyst's Indicators for FirstEnergy Corp. (FE), Schlumberger Limited (SLB)

Evercore ISI reiterated a "buy" rating and issued a $99.00 price target on shares of Schlumberger N.V.in a research note on Tuesday, January 31st. Finally, Deut...