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Markets

Pandora (P) shares soared in early trading. Wells Fargo has rallied 21 percent since Donald Trump won the USA presidential election in early November. That's up from $6.3 billion in Q3 and from $5.4 billion in Q$ of 2015. I'm guessing its the kind of earnings that Wells Fargo released, which were nearly unanimously described as "noisy".
  • Lufkin Kmart among the stores Sears plans to close

    Markets

    In a news release, the company the decision was made after evaluating productivity and profits. Numerous stores slated to be shut down have struggled financially for years but have been kept open to maintain local jobs in the hopes they would turn around.
  • Ford to make new police vehicle in Chicago

    Markets

    Ford notes that the engines for some future hybrid models will be turbocharged, meaning they can be smaller but still provide power when needed to provide additional power beyond that from the electric motors. It will launch 13 new hybrids and all-electric vehicles within the next five years and announced more than half of them this week. Ford also announced plans to invest $700 million to expand its Flat Rock Assembly Plant in MI to support the creation of high-tech autonomous and ...
  • Featured Stock: J. C. Penney Company, Inc. (NYSE:JCP)

    Markets

    Analysts predict that J.C. Penney Company, Inc. EPS is usually the indicator of profitability for the company. Mr. Marvin R. Ellison is one of the biggest insider owners in J. There are a handful of analysts covering the stock. During the same quarter in the previous year, the firm earned ($0.45) earnings per share. The business's revenue was down 1.4% on a year-over-year basis.
  • CCPA meeting concludes, budget session likely to be held from January 31

    CCPA meeting concludes, budget session likely to be held from January 31

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    Other prominent ministers who attended the CCPA meeting include Union Finance Minister Arun Jaitley, External Affairs Minister Sushma Swaraj, Parliamentary Affairs Minister Ananth Kumar and others. The Budget session is likely to be advanced and begin from January end, sources have told news agency ANI . This created a backlog of funds, delaying the implementation of government funded schemes.
  • Chip Kelly will reportedly be fired by the 49ers

    Chip Kelly will reportedly be fired by the 49ers

    Markets

    The San Francisco 49ers are making at least one significant change in 2017. As the final game of the 49ers disappointing season kicked off General Manager Trent Baalke confirmed what had been rumoured for weeks. According to Glazer , current Dolphins head coach Adam Gase was informed by the Niners he would be their next coach two years ago, but then Baalke put a stop to the hiring.
  • SBI cuts lending rates by 0.90% to 8%, home loan at 8.25%

    SBI cuts lending rates by 0.90% to 8%, home loan at 8.25%

    Markets

    Lending rate was moderated by similar percentage points for 3 years and 5 years period to 8.60 per cent and 8.75 per cent, respectively. ET reported on Friday that banks, nudged by the government, will announce steep cuts in lending rates in the first week of January.
  • China Is Getting Rid Of Its Ivory Trade

    China Is Getting Rid Of Its Ivory Trade

    Markets

    The move, which was supposed to reduce elephant poaching, was instead followed by a boom. However the Great Elephant Census , an ambitious project to count all of Africa's savannah elephants, revealed this year that things may be far worse.
  • Indonesian pilot arrives for work drunk

    Indonesian pilot arrives for work drunk

    Markets

    The passengers walked off the plane when they realized his condition. The airline previously had dismissed reports that the 32-year-old pilot Tekad Purna was drunk, saying initial tests of drug and alcohol were negative. It shows three security staff helping him gather his belongings and picking up items he dropped, but doing nothing to stop him carrying on through the airport.
  • European Central Bank should discuss views on Monte Paschi with Italy: PM Gentiloni

    European Central Bank should discuss views on Monte Paschi with Italy: PM Gentiloni

    Markets

    Paschi is seeking further information on the central bank's calculations, according to the statement . Monte dei Paschi emerged as the weakest of some 51 European banks subjected to stress tests earlier this year by the ECB. It was previously estimated that the world's oldest surviving bank required Euro 5 billion to deal with a capital shortfall. It included assumptions such as the sale of its whole portfolio of defaulting loans - a key plank of its plan to raise money privately.
  • Pakistan in control as rain delays play

    Pakistan in control as rain delays play

    Markets

    The match starts at 04:00 am Pakistan time, which corresponds to 10:30 am Australian time, 11:00 GMT and 05:00 am according to Indian time. After two days of hard graft for Pakistan's batsmen, it was a run feast on Wednesday. "He was very committed, very determined. from the first day as well", Pakistan paceman Wahab Riaz told reporters after his team mate's unfinished 287-ball knock.