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Markets

They were running into the walls. Retailers nationwide pulled at least 31 varieties of dog food off the shelves after a months-long investigation found the food contained the euthanasia drug pentobarbital. "We sincerely apologize for the concern this has caused", the company notes in an email. It added that the other three brands are also being withdrawn.
  • Analyst Activity - Barclays Reiterates Buy on Marathon Petroleum (NYSE:MPC)

    Markets

    Loews Corp decreased its stake in Marathon Petroleum Corp ( MPC ) by 7.69% based on its latest 2017Q3 regulatory filing with the SEC. For the current quarter, 21 analysts are projecting a mean EPS of $0.1/share. Hartford Mngmt Communication accumulated 0.14% or 136,567 shares. Jpmorgan Chase & accumulated 5.02 million shares. First Trust Advisors Lp holds 0.01% of its portfolio in Marathon Oil Corporation (NYSE:MRO) for 399,372 shares.
  • January sees slowest retail sales growth in 6 months

    January sees slowest retail sales growth in 6 months

    Markets

    January internet sales saw a decrease when compared with December 2017; accounting for 16.5% of all retail. Economists are expecting some relief for high street shoppers as inflation eases from 3% and wage growth picks up pace, but political uncertainty is likely to mean that the retail sector remains under intense pressure.
  • BBC presenter loses appeal, must pay £420k in IR35 crackdown

    BBC presenter loses appeal, must pay £420k in IR35 crackdown

    Markets

    HMRC got in touch with the BBC regarding Ms Ackroyd's tax situation, and she was dumped "out of the blue" in early BBC. The judge said whether the BBC itself regarded Ackroyd as an employee was of marginal relevance, and in any event "we are not satisfied that they did", but found she "was an employee under the hypothetical contract".
  • Amazon overtakes Microsoft to become world's 3rd most valuable public company

    Amazon overtakes Microsoft to become world's 3rd most valuable public company

    Markets

    Amazon's founder, Jeff Bezos, is also the richest man in the world with net worth of a whopping $105 billion. In just five days of trading in 2018, Amazon's share had already seen a hike of 6.6 percent. Last month, Microsoft beat Wall Street's profit forecast, helped by growth in its cloud computing business, but took a US$13.8b one-time charge due to the new United States tax law.
  • Vesuvius Plc (VSVS) Receives GBX 655 Consensus PT from Analysts

    Markets

    Blackrock Incorporated, a New York-based fund reported 310,480 shares. Connor Clark & Lunn Management Limited holds 5.93 million shares. The stock increased 0.85% or GBX 12.5 during the last trading session, reaching GBX 1478.5. They now have a GBX 480.00 target on the stock. The company was maintained on Wednesday, November 4 by Jefferies. As per Wednesday, July 19, the company rating was initiated by DA Davidson.
  • Onboard brawl forces cruise ship to make unscheduled stop

    Onboard brawl forces cruise ship to make unscheduled stop

    Markets

    Carnival Legend passengers have reported violent clashes on the ship, which has been on a 10-day journey to the South Pacific. Video of the scuffle, shared on social media, shows dozens of people fighting each other, security guards and other staff before the person filming the incident is confronted by staff.
  • UK Business Leaders Propose Partial Customs Union With EU

    UK Business Leaders Propose Partial Customs Union With EU

    Markets

    The Brexit plans, which are reportedly backed by the government and the Bank of England, would provide an alternative "equivalence" regime, which applies to third countries and only covers around a third of financial services, the Financial Times reports .
  • Researchers have quashed the myth millennials don't want to own homes

    Researchers have quashed the myth millennials don't want to own homes

    Markets

    Wage growth failing to keep pace with house prices is being blamed for a "collapse" in home-ownership levels among young adults. For 90 per cent of millennials, average house prices are more than quadruple their average after-tax income, while for 40 per cent, prices are more than 10 times their income.
  • FedEx locks down unsecured Amazon S3 server that leaked customer data

    FedEx locks down unsecured Amazon S3 server that leaked customer data

    Markets

    The data was stored on an Amazon S3 storage server and collected by a company FedEx acquired in 2014, Bongo International, which calculated international shipping prices and provided other services. Amazon has tried to help its customers secure their bit silos, but no one seems to be paying any attention. "After a preliminary investigation, we can confirm that some archived Bongo International account information located on a server hosted by a third-party, public cloud provider is ...
  • Restaurant Brands International (QSR) Trading 7% Higher

    Restaurant Brands International (QSR) Trading 7% Higher

    Markets

    Restaurant Brands International (QSR) traded down C$2.14 during mid-day trading on Wednesday, hitting C$71.20. On 10/26/2017 Restaurant Brands International announced a Quarterly dividend of $0.21 1.29% with an ex dividend date of 12/14/2017 which will be payable on 1/3/2018.
  • PNB fraud case: Union Bank has $300 mn outstanding exposure

    PNB fraud case: Union Bank has $300 mn outstanding exposure

    Markets

    The fraud, which includes money-laundering among other crimes, concerns the Firestar Diamonds group from which the CBI last week booked Modi , his wife Ami, brother Nishal Modi and their maternal uncle Mehul Choksi. PNB said in an announcement to the stock exchange on Thursday evening that it had suspended 10 employees during the investigation into the fraud, which Mehta said had gone on undetected for years .
  • North And South Korea Break Ice, Thanks To The Winter Olympics

    North And South Korea Break Ice, Thanks To The Winter Olympics

    Markets

    North Korea initially had no athletes entered after its Olympic committee missed a confirmation deadline for a pair of skaters who had qualified to compete in the games. Seating plans shown on television had Pence seated directly opposite the North's Kim Yong Nam at the reception in Pyeongchang. "But the Olympic moment that President Moon is trying to generate here is not a time to nurse those grievances", Jannuzi said.
  • What Is Insider Trading Activity Like At NIKE, Inc. (NKE)?

    Markets

    About 48,210 shares traded. Orion Engineered Carbons, S.A. (NYSE:OEC) has risen 24.57% since February 14, 2017 and is uptrending. It has outperformed by 16.39% the S&P500. The firm has "Hold" rating given on Tuesday, April 4 by Argus Research. (NYSE:NKE) has "Buy" rating given on Thursday, October 12 by Robert W. Baird.
  • Mastercard (MA) Upgraded by Vetr to "Buy"

    Markets

    Mastercard Inc. now has $181.83B valuation. Underhill Investment Management Llc who had been investing in Cme Group Inc for a number of months, seems to be bullish on the $55.31B market cap company. 106 funds opened positions while 696 raised stakes. Tigress Financial reissued a "buy" rating on shares of Mastercard in a report on Thursday, February 8th.
  • Sweet Life: Japanese Take Chocolate Baths on Valentine's Day Eve

    Sweet Life: Japanese Take Chocolate Baths on Valentine's Day Eve

    Markets

    If you don't have plans on Valentine's Day , or want to do something different with your partner , or your pals, consider volunteering for a local charity or cause. In my eyes, you're ideal and I love you so. For me, Valentine's Day happens to also be my grandmother's birthday. You don't need anyone's approval find your happiness for the day and explore that.