Money

Ryanair pilots not threatening industrial action, Michael O'Leary says

Ryanair pilots not threatening industrial action, Michael O'Leary says Stranded holidaymakers say they are having to wait up to nine days to get home and others have been in tears trying to get through to a jammed helpline that can cost £25 or more . "We make mistakes. This time we made a major boo boo", said Mr O'Leary. John explained that Ryanair is appealing to young pilots because you can get a lot of hours clocked in the air and then use those hours clocked t... [Full Article...]

Tesla, AMD May Be Teaming Up to Build Autopilot Chip for Cars

Tesla, AMD May Be Teaming Up to Build Autopilot Chip for Cars The chip was developed by Tesla's Autopilot group, a team of about 50 engineers under Jim Keller, a veteran microprocessor designer who led work on AMD's Zen x86 processor . RBC maintains an Outperform rating on Nvidia and a Neutral rating on Tesla . Mark Lipacis, an analyst at Jefferies, thinks the Tesla partnership is a "critical win" for AMD , but that it's only the first step for ... [Full Article...]

Budget airline Ryanair cancels 2000 flights, CEO admits issue was badly handled

Budget airline Ryanair cancels 2000 flights, CEO admits issue was badly handled Until now, they say, they've been scattered and isolated, making them much less powerful. Mr O'Leary said the airline had "some goodies" to propose to pilots, but added: "If pilots misbehave, that will be the end of the goodies". On Thursday, Sky News reported that Ryanair now plans to hire 125 new pilots "within the next week or two". Headlines about stranded passengers could damage British... [Full Article...]

USA crude posts 5.1% weekly gain to settle at $49.89

USA crude posts 5.1% weekly gain to settle at $49.89 Central time, up about 89 cents, or 1.8 percent. Gasoline inventories are expected to decline by 800,000 barrels and distillate supplies are expected to show a draw of about 1 million barrels. Market players were looking ahead to a meeting Friday between OPEC and other producers regarding a possible extension by more than three months of oil production cuts that expire in March 2018. [Full Article...]

Toys 'R' Us files for bankruptcy amid debt and falling customer traffic

Toys 'R' Us files for bankruptcy amid debt and falling customer traffic The retailer said Monday night that, "to achieve its financial objectives, Toys'R'Us and some of our USA subsidiaries and our Canadian subsidiary proactively and voluntarily filed for Chapter 11 of the Bankruptcy Code in the U.S". We're witnessing an alarming trend in the American retail industry. According to Bloomberg , Toys "R" Us' decision to file for bankruptcy would let it concentrate on ... [Full Article...]

Cereal maker Post buying Bob Evans Farms in $1.53B deal

Cereal maker Post buying Bob Evans Farms in $1.53B deal As per Tuesday, June 13, the company rating was maintained by Maxim Group. Cost synergies are expected to be about $25 million annually by the third year after closing. As Post's own growth prospects weakened amid lessening demand for cereal, the $5.7 billion company has turned to acquisitions to broaden its offerings. [Full Article...]

Zacks Investment Research Lowers Northrop Grumman Corporation (NOC) to Hold

Zacks Investment Research Lowers Northrop Grumman Corporation (NOC) to Hold It is flat, as 67 investors sold ORCL shares while 585 reduced holdings. only 87 funds opened positions while 431 raised stakes. Lsv Asset Mgmt invested in 0.56% or 7.96 million shares. FFKT's profit would be $4.43 million giving it 16.78 P/E if the $0.59 EPS is correct. This is assuming the current $2.93 EPS is accurate. Among 13 analysts covering Orbital ATK (NYSE:OA), 12 have Buy rating , 0 ... [Full Article...]

CCleaner hack affects 2.27 million computers -- here's what to do

CCleaner hack affects 2.27 million computers -- here's what to do The company said it has contacted law enforcement authorities and is also urging users to download a new, malware-free version of CCleaner released last week. You can download version 5.34 of CCleaner here. CCleaner is an application that helps computer-owners keep their devices optimised , by cleaning cookies, internet history and other temporary files. [Full Article...]

United Nations voices concern over 'excessive violence' against Rohingya Muslims in Myanmar

United Nations voices concern over 'excessive violence' against Rohingya Muslims in Myanmar Human Rights Watch and Amnesty International had accused the Security Council on Tuesday of ignoring large-scale " ethnic cleansing " of the Rohingyas and demanded that it hold an open meeting and urge an end to the violence. Khalsa Aid said that they had got the permission from the Bangladesh government to serve meals to the refugees , media report said. Since August 25, the Myanmar military ... [Full Article...]

Uber's worries could be compounded by Google's $1bn Lyft injection

Uber's worries could be compounded by Google's $1bn Lyft injection That could strengthen the ties between two of Uber's main autonomous-car rivals. Although the online search giant did invest millions of dollars into the ride-hailing company, it's also now battling with it in court. In July, Lyft announced plans to launch an in-house self-driving auto division as well. The companies said that under their partnership, they would work together on new self... [Full Article...]

Which Option is Best? - Buy or Sell - Oracle Corporation (NYSE:ORCL)

Which Option is Best? - Buy or Sell - Oracle Corporation (NYSE:ORCL) They noted that the move was a valuation call. The company presently has an average rating of Buy and an average price target of $52.26. The stock rose 0.08% or $0.04 reaching $52.84 per share. Lloyds Banking had 18 analyst reports since August 25, 2015 according to SRatingsIntel. Inv Partners Ltd Oh Adv owns 19,004 shares. President-Product Development Thomas Kurian sold 750,000 shares at an aver... [Full Article...]

China-born New Zealand lawmaker says he's loyal to new home

China-born New Zealand lawmaker says he's loyal to new home Prime Minister Bill English and the National Party needed to "seriously explain themselves", over the issue, Peters said. According to the New Zealand Herald the 55-year-old MP rejected the accusations as a racist " smear campaign " targeting him " just because I am Chinese ". [Full Article...]

Oil prices decline as USA crude stocks soar

Oil prices decline as USA crude stocks soar Brent oil is also trading higher, gaining 1.02% and now trading for $55.66 per barrel. Electricity demand in the Texas grid, which is overseen mostly by the Electric Reliability Council of Texas (ERCOT), was lower than usual for the time of year "mainly because of the customer outages in storm-affected areas in South Texas and along the Gulf Coast and cooler temperatures across much of the state... [Full Article...]

Watch this epic SpaceX rocket booster blooper reel go boom

Watch this epic SpaceX rocket booster blooper reel go boom The destruction is shown in chronological order with captions explaining the many reasons they fail , from running out of hydraulic fluid to engine sensor failure . The booster gets tantalising close to an upright landing, but then tips over and explodes. The video wraps up with footage of successful landings, so there's a happy ending to look forward to. [Full Article...]

Volkswagen ID Crozz electric crossover concept updated at Frankfurt show

Volkswagen ID Crozz electric crossover concept updated at Frankfurt show China, the world's largest auto market, announced this week that it intends to ban the production and sale of vehicles powered only by fossil fuels. Mueller said the company would await firm commitments before reacting. The automaker has promised however, that these engines will deliver great performance while meeting emissions standards. "We have not decided if we will build it in the USA", he ... [Full Article...]

Equifax hack: Steps to help protect your information from being misused

Equifax hack: Steps to help protect your information from being misused Ploder, the president of workforce solutions apparently sold large amounts of their shares of Equifax stock and totaled in almost $1.8 million in a matter of days after the breach was discovered on July 29. Equifax was hacked, but your cell phone wasn't. If so, sign up for them. If someone else goes to take out a loan in your name, the lender will not be able to pull your report and therefore... [Full Article...]

Saga PLC (SAGA) Receives Neutral Rating from JP Morgan Chase & Co

Saga PLC (SAGA) Receives Neutral Rating from JP Morgan Chase & Co Beaufort Securities maintained the stock with "Buy" rating in Thursday, July 30 report. Numis Securities has "Buy" rating and GBX 4.46 target. The rating was maintained by Deutsche Bank on Saturday, October 8 with "Hold". Deutsche Bank maintained SKY PLC (LON:SKY) on Friday, May 27 with "Buy" rating. Deutsche Bank maintained it with "Buy" rating and GBX 820 target in Friday, April 1 report. [Full Article...]

Royal Caribbean Takes Reservation System Offline as Irma Moves Toward South Florida

Royal Caribbean Takes Reservation System Offline as Irma Moves Toward South Florida The rating was maintained by JP Morgan on Thursday, January 26 with "Neutral". Royal Caribbean, Carnival and other lines have canceled nearly every sailing out of Florida scheduled through Monday. Currently, the stock carries a price to earnings ratio of 16.3, a price to book ratio of 2.61, and a price to sales ratio of 2.85. Investors sentiment increased to 1.26 in Q4 2016. [Full Article...]

Oil steady as U.S. refining demand rises but ample crude supplies weigh

Oil steady as U.S. refining demand rises but ample crude supplies weigh Analysts said oil prices fell as a result of low refining activity following Harvey , which sharply reduced demand for crude oil . Hurricane Harvey barreled into the U.S. Bloomberg news agency reported that as of September 8, only 8 percent of the oil refining capacity remained withdrawn after the Hurricane Harvey. Yet another hurricane, Katia, is developing in the Gulf of Mexico. [Full Article...]

PRICES PEAK Retail gas prices expected to fall

PRICES PEAK Retail gas prices expected to fall According to AAA, gas price averages have increased since Harvey hit nearly two weeks ago. Statewide, the average price of regular unleaded had risen to $2.53 per gallon by mid-afternoon Tuesday, up from $2.19 a week earlier, Armbruster said. [Full Article...]


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19  Next »