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Markets

The parent company of Younkers plans to close at least 40 company stores in the next year, according to a Thursday morning press release. It's not clear which stores the company plans to shutter. "We are working with our advisors to proactively engage with our debt holders to establish a sustainable capital structure to support the business", said William Tracy, president and chief executive officer.
  • Frontier Airlines making massive Airbus airplane purchase

    Frontier Airlines making massive Airbus airplane purchase

    Markets

    This order of the most fuel efficient and environmentally friendly single-aisle aircraft will continue to support our strategy of lowering costs to provide attractive low fares to all our customers. Ultra low-priced carrier Spirit Airlines (SAVE) rallied 0.8%, and Alaska Air (ALK) gained 2.6%. "Sometimes he wins, sometimes I win". A person close to the talks said that such "wholesale" aircraft deals could become more common as more private equity and new sources of funding come into the ...
  • Marathon Petroleum Corporation (MPC) Given

    Marathon Petroleum Corporation (MPC) Given "Buy" Rating at Cowen and Company

    Markets

    Accurate Investment Solutions Inc. now owns 3,982 shares of the oil and gas company's stock valued at $208,000 after purchasing an additional 14 shares during the last quarter. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.
  • Nigeria's Inflation Drops for 9th Straight Month to 15.91%

    Nigeria's Inflation Drops for 9th Straight Month to 15.91%

    Markets

    On a MoM basis, data from the bureau indicated that the food sub-index increased by 0.85 per cent last month, down from 0.87percent recorded in August. Prices of food and non-alcoholic beverages grew 3.2 percent annually in October and transport costs went up by 1.9 percent. Going by this report, increases were recorded in all the classification of individual consumption by goal (COICOP) divisions that yielded the Headline Index.
  • Worst Times To Travel On And Around Thanksgiving

    Worst Times To Travel On And Around Thanksgiving

    Markets

    US motorists will take 45.5 million trips this holiday, a 1.5 percent increase over a year ago and also the most since 2005, even though gas prices are at their highest since 2014, AAA said. Follow the Bangor Daily News on Facebook for the latest ME news. "Although it will be more expensive to drive compared to recent years, the current price is not high enough to be a deterrent for travelers".
  • ALAFCO places order for twenty Boeing 737 MAX 8s

    ALAFCO places order for twenty Boeing 737 MAX 8s

    Markets

    Dubai-based flydubai (www. flydubai .com) announced a commitment to a Dollars 27 billion order for 225 Boeing 737 MAX aircraft to support the growth of its fleet. We ordered this aircraft model as it has given us the versatility and flexibility to carry 44 million passengers since our first flight". "Their airplanes have provided a foundation for the success of our business model".
  • 16 institutional investors are raising stakes in SORL Auto Parts, Inc. (SORL)

    16 institutional investors are raising stakes in SORL Auto Parts, Inc. (SORL)

    Markets

    It indicates oversold and overbought price levels for a stock. On a Monthly basis the stock is -6.35%. Amid the previous three months the stock performs 6.73 percent, conveying six-month execution to 4.39 percent. Regardless of which metric you utilize, a firm understanding of the concept of volatility and how it is measured is essential to successful investing.
  • Hindu Samiti asks CBFC to cut 'objectionable scenes' from Padmavati

    Hindu Samiti asks CBFC to cut 'objectionable scenes' from Padmavati

    Markets

    The reason stated in the request is because of "public anger" over the "script" and "distorted historical facts" of the movie. "If there's nothing objectionable, I pledge the support of the union to the release", Mr. The Karni Sena, a Rajput group, has called for a nationwide bandh on the day of the film's release. In light of both events, the ministry also suggested that the movie's release around the same time would not be in the interests of peace and order.
  • Dallas Fed president

    Dallas Fed president "actively considering" December rate hike

    Markets

    The modest increase in consumer prices matched economist estimates. However, excluding food and energy prices, core consumer prices rose by 0.2% in October after edging up by 0.1% in the previous month. The Fed will hold its next policy meeting on December 12-13. "While I'm still holding to the view that the recent weakness largely reflects idiosyncratic noise, I'll be watching the next few inflation reports closely for signs of a pickup", Federal Reserve Bank of Atlanta President Raphael ...
  • United Kingdom inflation holds steady at 3%

    United Kingdom inflation holds steady at 3%

    Markets

    The ONS figures show that the soaring cost of food and drink is helping to fuel inflation. According to data from the Ministry of Commerce and Industry released on Tuesday, the wholesale price index (WPI), with the revised base year of 2011-12, went up in October to 3.59 per cent from 2.60 per cent in September.
  • Tracking Shares of United Parcel Service (UPS) — Market Focus

    Markets

    It has underperformed by 14.60% the S&P500. Puzo Michael J decreased its stake in 3M (MMM) by 5.37% based on its latest 2017Q2 regulatory filing with the SEC. (NYSE: UPS ) earned "Hold" rating by Robert W. Baird on Friday, September 29. The stock has "Buy" rating by Liberum Capital on Wednesday, July 29. The company was downgraded on Wednesday, February 22 by Bank of America.
  • Pilot arrested at Lambert with a gun

    Pilot arrested at Lambert with a gun

    Markets

    The flight continued to Los Angeles International Airport, according to PIX11 sister station FOX2 in St. Louis. The pilot was scheduled to fly on flight 1106 to Las Vegas. KMOX called Lambert spokesman Jeff Lea before just before 9 a.m., but he says he did not have any information at that time. Passengers are allowed to travel with firearms, but they must be properly declared and stowed in checked luggage.
  • Forever 21 warns of potential data breach that impacted payment card transactions

    Forever 21 warns of potential data breach that impacted payment card transactions

    Markets

    At this point in the investigation, the company says it isn't known which stores may have been affected, but it is evident only certain point of sale systems were compromised. It advises customers to keep a close eye on their credit- and debit-card statements and notify their bank or card issuer if any unauthorized charges pop up on them.
  • Unbiased Equity Research: Big Lots, Inc. (BIG), Chesapeake Energy Corporation (CHK)

    Unbiased Equity Research: Big Lots, Inc. (BIG), Chesapeake Energy Corporation (CHK)

    Markets

    NKE's profit will be $643.75M for 35.47 P/E if the $0.39 EPS becomes a reality. On average, equities analysts predict that Chesapeake Energy Corp. will post ($0.07) EPS for the current year. The stock presently has an average rating of "Hold" and an average target price of $5.77. In order to determine directional movement, the 50-day and 200-day moving averages for Akebia Therapeutics, Inc.