Why Straight Path Communications Inc. Stock Jumped Today

Why Straight Path Communications Inc. Stock Jumped Today

Straight Path , which leases wireless spectrum licenses, said that a "multi-national telecommunications company" has offered to acquire all of its outstanding stock for $104.64 per share, or $1.8 billion, in an all-stock transaction. Investors are clearly expecting AT&T to counter the offer, as Straight Path's stock shot up 12 percent to $124.25. For now, Straight Path indicated it remains subject to its merger agreement with AT&T and noted the company's board has not changed its ... Читать далее

Cricketer Zaheer Khan gets engaged to actress Sagarika Ghatke

Cricketer Zaheer Khan gets engaged to actress Sagarika Ghatke

Yes! The former cricketer, who took it to mircro-blogging site Twitter to send his best wishes to the couple, tagged Sagirka Ghose instead of Sagarika Ghatge. After the release Chak De India , Sararika Ghatge became the brand ambassador of Reebok India . The newly-married cricketer was referring to Sagarika's character in " Chak De! ". Читать далее

Stock Seesawing Amidst Rampant Activity: Marathon Oil Corporation (NYSE:MRO)

Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. A price target is the projected price level of a financial security stated by an investment analyst. The stock's price moved below its 200 day moving average of $16.20. On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Читать далее

Wells Fargo executives apologize to shareholders

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, WFC earned gross profit of 0, in 2015 0 gross profit, while in 2016 Wells Fargo & Company (WFC) produced 0 profit. Читать далее

Marissa Mayer will walk away from Yahoo with $186 million

Marissa Mayer will walk away from Yahoo with $186 million

Yahoo investors are being asked to vote on the deal this June. Once the Verizon deal closes, Yahoo will rename itself "Altaba Inc.", and Mayer and six other current Yahoo board members will step down. Supporters and critics alike say Ms. Mayer took on a steep challenge with Yahoo, but her managerial mistakes, including not cutting costs quickly enough, complicated the already tricky turnaround. Читать далее

Beijing won't make concessions to India in border dispute: Chinese expert

Beijing won't make concessions to India in border dispute: Chinese expert

Baglay had observed. “Arunachal Pradesh has never been a part of China and Arunachalees hold strongest patriotism for India. "Relevant names have been used by ethnic Momba and Tibetan Chinese who have lived here for generations". While experts believe that the move was meant more as a deterrent, the Chinese government has said it was a legitimate part of a census exercise. The BJP governs the northeastern state and its local branch has called for massive demonstrations against China's move ... Читать далее

Oil steadies after six-day slide as USA stockpiles seen falling

Oil steadies after six-day slide as USA stockpiles seen falling

Brent for June settlement declined 20 cents to $51.76 a barrel on the London-based ICE Futures Europe exchange. "The market is really focusing on visible inventory draws, they're just not getting it in the right places", said Miswin Mahesh, oil analyst at consultancy Energy Aspects. Читать далее

Wood recalled for Champions Trophy as Finn misses out

Durham pace bowler Mark Wood could return to the England fold on Tuesday morning when their Champions Trophy squad will be named. Livingstone also played well for England Lions over the winter but he may have to wait for his first global call, unless the squad suffers any absentees before the first game with Ireland on May 5 in Bristol. Читать далее

Police say 'minimal but necessary force' used on United passenger

According to the CPD report, an aviation officer said "Dao folded his arms across his body and refused to move from his seat". Dao is still receiving treatment after suffering injuries in the April 9 incident, according to his lawyer. Thomas Demetrio , Dao's Chicago-based personal injury attorney, called the reports "utter nonsense", adding, "Consider the source". A police officer said "minimal but necessary force" was used to remove a United Airlines customer from a plane in what has ... Читать далее

Trump says he will release tax reform package next week

The rules, imposed under Obama, make it more hard for American corporations to achieve "tax inversions" - a practice that allows them to avoid taxes by legally becoming a "foreign" US -based entity. The administration still has to get the tax-writing committees in the House and Senate on board with whatever it proposes. Government funding runs out Saturday unless Congress, including some democrats can reach a deal. Читать далее

PPG Industries Ups Bid For Akzo Nobel To $28.8B

PPG Industries Ups Bid For Akzo Nobel To $28.8B

PPG also said it would agree to a "significant reverse" breakup fee, as well as a pledge that a future combined company would be listed on both the NY and Amsterdam stock exchanges. The offer, of 96.75 euros per AkzoNobel share, is 8% higher than it offered on 22 March, and 17% higher than its opening offer of 2 March. "I do not see how Akzo's board can now not engage", said Michael Wegener, managing partner at hedge fund Case Equity Partners, which has invested 6.7 percent of its assets ... Читать далее

Higher global indices lift Indian equities

The 30-share index had soared about 162 points to hit a high of 29,584.34 in early deals, but surrendered gains in mid-session selling. The gauge had gained 290.54 points on Monday. Shares of Reliance Industries rose 1.14 per cent after the company yesterday posted a record fourth quarter net profit of Rs 8,046 crore. Globally, Japan's Nikkei was up 0.84 per cent while Hong Kong's Hang rose 0.98 per cent in early trade today. Читать далее

Mobile's Uncarrier mojo pays off, posts strong Q1 net subscriber gains

Mobile's Uncarrier mojo pays off, posts strong Q1 net subscriber gains

For comparison, capital expenditure of Verizon was $3.1 billion in Q1 2017. T-Mobile will begin making use of that capacity this year, he said. "Add to that our recent success in the 600 MHz spectrum auction and it's clear we're just getting started", said John Legere, president and CEO of T-Mobile. Читать далее

1980s stars Bananarama reunite for first tour ever

1980s stars Bananarama reunite for first tour ever

The group, famous for hits including Robert De Niro's Waiting ..., Cruel Summer , Venus and Love In The First Degree , sold 40 million records and last performed together at the Brit Awards in 1988. However, Sara stressed that moments of tension were generally "few and far bar between", insisting the band also enjoyed some great times together. Читать далее

Police pick up adorable pair of trespassing pygmy goats

Police pick up adorable pair of trespassing pygmy goats

A United States policeman had to handle a rather different case of runaways after a pair of miniature goats escaped from their home. And it seems like this ME police officer also loves goats because he made a decision to spend the day with two goats who had managed to escape from their owner. Читать далее

Caterpillar Q1 Profit Down, Sales Up; Lifts FY17 Adj. EPS, Sales View

Caterpillar Q1 Profit Down, Sales Up; Lifts FY17 Adj. EPS, Sales View

Prospera Financial Services Inc now owns 26,952 shares of the industrial products company's stock valued at $2,530,000 after buying an additional 18,457 shares during the period. In the same period a year ago, the company reported adjusted EPS of $0.64 on revenues of $9.46 billion. Caterpillar says that restructuring costs cut into a lot of the profit per share - without restructuring included, the profit was $1.28 per share. Читать далее

Russia-linked hackers targeted Macron campaign

Russia-linked hackers targeted Macron campaign

The Kremlin today said it respected the result of the first round of the French presidential election, and denied favouring any candidate in the polls. Mahjoubi confirmed that the bogus site was one of several emailed to campaign workers over the past few months. In February, the campaign complained publicly of being targeted by Russia-linked electronic spying operations, although it offered no proof at the time. Читать далее

LVMH to consolidate hold on Dior in multibillion-euro deal

LVMH to consolidate hold on Dior in multibillion-euro deal

The Boards of Directors of Christian Dior and LVMH are unanimously favorable to the contemplated transactions and appointed independent experts to review their terms. The family owns 74.1% of Christian Dior, which in turn owns a controlling stake in LVMH. "This project represents an important milestone for the Group". Читать далее

Wisconsin dairy farms face closure due to Canadian policies

Wisconsin dairy farms face closure due to Canadian policies

Baldwin said Monday that one of Sonny Perdue's first trips as U.S. Department of Agriculture secretary should be to Wisconsin. Trump also said this week he would make "some very big changes" to the NAFTA treaty with Canada and Mexico or "we are going to get rid of NAFTA for once and for all". Читать далее

Wikipedia founder aims to 'fix the news' with collaborative website

Wikipedia founder aims to 'fix the news' with collaborative website

The Wikitribune news platform will bring journalists and a community of volunteers together. "The news is broken, but we figured out how to fix it", Wales said in a promotional video for Wikitribune . "If you take as an example the bitcoin community, they're a very active and obsessed community". Wales said that a core team of 10 to 20 journalists will do the hard graft of conducting interviews and filing copy, while a hive mind of volunteers go forth and verify information on an ... Читать далее

Otto Porter (neck) cleared to play for Wizards in Game 4

Otto Porter (neck) cleared to play for Wizards in Game 4

Well their Game 4 win over the Wizards was kind of like that. If necessary, Game 7 will be in Washington, D.C. on Sunday. "He's just a victor". The Wizards saw a major uptick in their transition baskets in the regular season, and Wall's speed should be on full display if Washington wants to protect home court. Читать далее

Peterson, Saints Agree to Deal

Peterson now joins Mark Ingram in the New Orleans' backfield. The Saints might seem like an odd fit too, considering the stereotype that they throw the ball so much. Peterson could possibly take on an even bigger role. The 2017 draft will be the first under the 49ers' new regime of general manager John Lynch and head coach Kyle Shanahan. Читать далее

Two Stocks To Trade Now: Dominion Resources, Inc. (D), McDonald's Corporation (MCD)

Two Stocks To Trade Now: Dominion Resources, Inc. (D), McDonald's Corporation (MCD)

Shares in the company rose 2.1% premarket to $137.05. Over the last twelve months McDonald's Corporation's stock price has increased by 0% from 0.00 to 134.59. For the last period, the company reported quarter over quarter EPS growth of 9.80% and quarter over quarter sales growth of -4.90%. Analysts forecast that McDonald's Co . Читать далее

Canadian softwood exports at levels not seen since 2006 — BUSINESS REPORT

Some companies will be required to make retroactive cash payments. President Donald Trump announced plans to slap a 20 percent tariff on Canadian lumber entering the United States in a move that seems destined to inflame relations between the two trading partners. Читать далее

Суд карибского острова Синт-Мартен арестовал нефть венесуэльской PDVSA из-за долгов 'Совкомфлоту'

Суд карибского острова Синт-Мартен арестовал нефть венесуэльской PDVSA из-за долгов 'Совкомфлоту'

Танкер исполнил судебное требование и выгрузил нефть в терминале на острове Синт-Эстатиус. Обращением в суд «Совкомфлот» рассчитывает добиться погашения части задолженности. Но русская сторона всячески оказывала помощь. «Ориентируясь на продление соглашения ОПЕК и стран, не входящих в ОПЕК, на вторую половину 2017 года и ожидаемое сокращение запасов нефти, мы ждём, что во 2-ой половине года нефтяные цены поднимутся выше USD 60 за баррель», — отмечается в прогнозе экспертов Citigroup. Читать далее