Thursday February 22-nd, 2018

Hasbro makes takeover offer for Mattel, Wall Street Journal reports Hasbro makes takeover offer for Mattel, Wall Street Journal reports

Mizuho Asset Management Co. IA ADV boosted its holdings in shares of Mattel by 11.4% in the second quarter. Parnassus Investments CA now owns 16,064,364 shares of the company's stock valued at $248,676,000 after buying an additional 7,719,364 share...

Driverless shuttle bus crashes after Las Vegas launch Driverless shuttle bus crashes after Las Vegas launch

The bus anticipated the collision successfully and came to a stop, so no one was hurt and nothing was damaged (other than the bus's bumper). "A delivery truck was coming out of an alley", public information officer Jace Radke said. Taking correct...

Oil prices stabilize just below two-year highs Oil prices stabilize just below two-year highs

Brent crude oil was up 20 cents at $63.69 a barrel by 1120 GMT. Earlier in the week, Brent rose to $64.65, its highest since June 2015, and WTI hit $57.92, its highest since July 2015. Despite this, many analysts say the strong price rally of the p...

OFCOM announces automatic compensation for delays to phone and broadband fix

Major providers including BT, Sky, TalkTalk , Virgin Media and Zen Internet, which account for roughly 90 per cent of the landline and broadband customers in the United Kingdom, have committed to the compensation policy which will see £8 handed ba...

Dena Bank Q2 net loss widens to Rs 185 crore

Net interest income, the difference between interest earned and expenses, increased by 2.6 per cent from Rs 18,119 crore in Q2FY17 to Rs 18,586 crore in Q2FY18. "SME and personal loans are showing good recovery, and agriculture will start showing onc...

China promises to lift controls on foreign investments in finance, auto firms China promises to lift controls on foreign investments in finance, auto firms

Authorities will also move to lift the ceiling on foreign ownership limits for securities funds and joint ventures to 51%. "I think the reforms were already in Xi's plan-book and would be rolled out irrespective of external pressure [from the USA o...

Group warns against Britain's gender pay gap

Send some of them an email and you'll receive an automatic reply telling you they are "Out of Office" until the end of the year - even though they are at work. Young Women's Trust research shows that young women apprentices earn 8 per cent less than ...

Equifax profit slumps after data breach, still tops views Equifax profit slumps after data breach, still tops views

In an investor call, interim CEO Paulino do Rego Barros outlined steps he said the company was taking to improve security practices and compensate members of the public whose information was stolen. Since the disclosure, the share of Equifax credit...

JC Penney is bright spot for retail this week JC Penney is bright spot for retail this week

Its most recent closing price has a distance of -12.36% from SMA20 and is -44.27% below than SMA200. Analysts now have a mean recommendation of 3.00 on the name. Traders have different rules for what constitutes liquidity and a good guide is the volu...

United Kingdom industrial production was surprisingly strong in September United Kingdom industrial production was surprisingly strong in September

There was a sharp improvement in the goods trade deficit with non-European Union countries, which narrowed to £2.98bn - the smallest since May. However, construction output fell by 1.6% in the month, the ONS said . A widening in the trade deficit ...

Alibaba Ready To Launch Largest Shopping Day Of The Year Alibaba Ready To Launch Largest Shopping Day Of The Year

Unicharm will introduce its top-of-the-line disposable diapers, made from organic materials, to the Chinese market on Singles Day . People often celebrate their independence by buying themselves gifts, and Alibaba has turned the holiday into a blo...

Business negatively impacted by 1 October — MGM CEO Business negatively impacted by 1 October — MGM CEO

It also reduced Microsoft Corp (NASDAQ:MSFT) stake by 669,148 shares and now owns 8.08M shares. It has outperformed by 28.58% the S&P500. Community Comml Bank Of Raymore stated it has 0.45% of its portfolio in Reynolds American, Inc. Institutional ow...

LA police investigate Corey Feldman claims of Hollywood pedophilia

The Los Angeles Police Department has confirmed it is investigating a report filed by former child star Corey Feldman . "First and foremost, is, he was abused as a child and that gives him an very bad lot of room to express himself and devel...

Odd even returns, third phase from November 13 Odd even returns, third phase from November 13

Arvind Kejriwal is a "peculiar person with views on everything but no understanding", Punjab Chief Minister Amarinder Singh snapped today at his Delhi counterpart, who has blamed the thick, deadly smog covering the capital mainly on stubble burnin...

Stan takes legal action for Patriot Blue name Stan takes legal action for Patriot Blue name

On Thursday, Dastyari told the Nine Network that what is now happening in politics is heading into a "very, very ugly place". Speaking to Karl Stefanovic on the Today program on Thursday, Dastyari said of the incident:"It makes you feel small, ...

Panera Bread to buy Au Bon Pain Panera Bread to buy Au Bon Pain

He will be succeeded by Blaine Hurst, now Panera's president. But here's the twist: Panera Bread was actually originally created by Au Bon Pain. Panera Bread said founder Ron Shaich is stepping down as CEO and the company will buy Au Bon Pain - bri...

Opel, Vauxhall Seek To Avoid Forced Layoffs In Turnaround Opel, Vauxhall Seek To Avoid Forced Layoffs In Turnaround

Opel has confirmed its keen interest in joining the fray in Brazil and China. Part of the proposals will see Vauxhall and Opel models move across to PSA Group platforms, starting with a new Corsa supermini that will launch in 2019. The two Gro...

Vodafone, CityFibre to bring gigabit fibre to 5m United Kingdom homes by 2025 Vodafone, CityFibre to bring gigabit fibre to 5m United Kingdom homes by 2025

Vodafone has mounted an attack on the United Kingdom broadband market by backing plans to connect up to five million homes with new ultrafast fibre-optic lines, increasing pressure on BT to invest in upgrades and putting itself in more direct competi...

Eurozone growing at quickest pace in 10 years, European Union forecast says

The European Commission announced on Thursday it will surpass economic growth expectations for this year, and predicted robust growth in 2018. The upgrades take into account a run of upbeat economic news from the eurozone as risks to the outlook, s...

Tata Motors Q2 profit vrooms 195% on JLR sales Tata Motors Q2 profit vrooms 195% on JLR sales

Analysts were expecting a net profit of 14.99 billion rupees. While it saw the best sales numbers for cars since November 2012, CV sales was the best since June 2014, helping it shore up market pie by 400 bps to 45 percent. The second-quarter retail ...

Target's Fidget Spinners Could Be Poisoning Kids

Consumer group U.S. PIRG is asking Target to recall two types of fidget spinners for possibly containing risky amounts of lead. The Fidget Wild Premium Spinner Brass tested at 33,000 parts per million for lead - some 300 times the 100 parts per...

TripAdvisor adds new warning 'badges' to warn of sex assaults TripAdvisor adds new warning 'badges' to warn of sex assaults

The Grand Velas Riviera Maya , where a tourist receiving a massage at the spa was sexually assaulted, also had a warning badge placed on its site. The paper also spoke to one TripAdvisor user who said she reported being served tainted alcohol, b...

Disney stock tumbles after missing earnings expectations

About 2.97M shares traded or 40.09% up from the average. Analysts await Walt Disney Co (NYSE: DIS ) to report earnings on November, 9. It has underperformed by 6.19% the S&P500. Middleton And Ma holds 0.14% of its portfolio in Walt Disney Co (NYSE:...

Glistening Stock's Review: Energy Transfer Partners LP (NYSE: ETP)

It has outperformed by 16.67% the S&P500. The firm's market cap is $19.14 billion. The Company's divisions include Google and Other Bets. The stock has a market capitalization of $19,200.00, a PE ratio of 22.26 and a beta of 1.91. The rating was ma...

Nordstrom shares decline after retailer reports falling comparable-store sales Nordstrom shares decline after retailer reports falling comparable-store sales

Sales: Sales in the third quarter ended October 28 fell 6.1% to $5.28 billion, compared with sales of $5.63 billion in the third quarter of 2016. The closures, which include the shutting of Macy's stores at the Laguna Hills Mall in Orange County...

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