Economy

by | March 18, 2017 | 01:53

The press release continues: "The aggregate gross proceeds of the offerings, including the options granted to the underwriters, is expected to be approximately $1.15 billion". No matter how one chooses to view the convertible offering, the fact that Tesla is still (second time in a year) able to tap into the debt/quity markets is testament to how far ahead of the competition Tesla really is.

by | March 18, 2017 | 01:44

Jezebel first reported that Modcloth CEO Matthew Kaness revealed the news to his staff on Wednesday morning during an all-hands meeting at the company's headquarters. ModCloth and its website will operate as a standalone yet "complementary" brand to Walmart's other e-commerce sites. "Growth allows us to reach more women, grow our community, and amplify our message", Koger said.

by | March 18, 2017 | 01:37

Rather than handing Belan over to the U.S., Russia's Federal Security Service (FSB) enlisted the man to help the agency hack into American Internet companies, including Yahoo Inc. "Literally everybody I talked to was like, 'Well, I guess it caught up with him, ' or 'That makes sense, I guess we knew where he got all the money for his cars, '" he said.

by | March 16, 2017 | 00:45

Doug Brown noticed a jet ski in the area where he was steering a Carnival Magic cruise ship, according to a release from the Canaveral Pilots Association. However, when one of them fell off, the jetski flipped upside down. "This was the first time with people in the water, nearly right in front of you".

by | March 15, 2017 | 01:16

Berlin's two airports are served by carriers including Air Berlin (AB1.DE), Lufthansa (LHAG.DE), easyJet (EZJ.L) and Ryanair (RYA.I), all of which have been hit by the strikes . Tigel airport is around eight kilometer away from the city of Berlin and handles more than 21 million passengers an year, while Berlin Shonefeld, situated in the southeast of Berlin , handles more almost 12 million passengers per year.

by | March 15, 2017 | 01:17

The government agency made a decision to pull the sites back down at 2 p.m. on Friday after determining digital services were potentially at risk. "At this time, we are not aware that any personal information has been affected", said the notice on Sunday.

by | March 15, 2017 | 01:14

The rate increase expected on March 15 will be the second in four months, a pace unseen since the peak of the United States housing boom in 2006. Sterling, as a result, held gains against the dollar rising 0.5 percent to $1.2229 GBP= . But the Fed is focused on how many people say they are both not working and actively seeking work, and this number, reflected by the unemployment rate , is back to pre-recession levels.

by | March 14, 2017 | 00:45

Producers scaled back this expensive method, called hydraulic fracturing or fracking, during an oil price downturn that began in 2014. Prices dropped $2.81, or 5 percent, to $53.11 on Wednesday. The absence of fresh hedge fund buying and the emergence of a small band of short sellers created a liquidity hole and was likely responsible for the abrupt drop in prices which started on March 8.

by | March 13, 2017 | 01:30

The vehicle initially struck two pedestrians before veering into a bigger group of people in the town of Mapou, nearly 5 km away reports Reuters. " It then attempted to flee ", she added, but ran into a group of musicians who were traveling on foot.

by | March 12, 2017 | 01:11

According to Freddie Mac , 30-year fixed-rate mortgages now ask 4.21 percent per year on average, up from 4.1 percent a week ago. However, in early Friday trading, the bond market was calm, with yields holding mostly steady. Likewise, the 15-year FRM increased to 3.42%, up from 3.32% last week and 2.96% last year. Shorter term, popular 15 year refi loan deals stand at 2.75% at the bank and April of 3.239% today.

by | March 12, 2017 | 01:11

A South Korean presidential election to choose a successor to ousted leader Park Geun-hye will be free and fair and held by May 9 at the latest, the election commission chairman said on Saturday. Millions demonstrated every weekend on the streets calling for her to step down. Dozens of protesters and police officers were also wounded in the scuffles.

by | March 11, 2017 | 00:47

The bumped up target suggests a potential upside of 0.37% from the company's most recent stock price close. The difference between the expected and actual EPS was $0.05/share, which represents an Earnings surprise of 33.3%. The company also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Stockholders of record on Thursday, February 16th will be issued a dividend of $0.36 per share.

by | March 10, 2017 | 00:56

Wegmans ranked No. 4 in 2016 on the Fortune list. In the United States, Great Place to Work produces the annual Fortune "100 Best Companies to Work For®" and a series of Great Place to Work Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industries.

by | March 09, 2017 | 03:16

Companies added the most workers in nearly three years to US payrolls in February on a surge in construction and manufacturing employment, data from the ADP Research Institute in Roseland, New Jersey, showed Wednesday. Manufacturing jobs, a key focus for President Trump, jumped by almost 32,000 last month, the most in five years. It was welcome news to social media, with one calling it a "Trump bump".

by | March 09, 2017 | 00:46

As a company's earnings per share being to rise, so does their market value per share. Shares ended the regular session down 0.6%. A month ago, analyst EPS consensus estimated earnings of US$-0.45 per share. The firm's revenue was down 4.8% on a year-over-year basis. The share price is now 0.91 percent versus its SMA20, -5.35 percent versus its SMA50, and -6.53 percent versus its SMA200.

by | March 07, 2017 | 00:49

Aberdeen Asset Management PLC has 1,284,914,000 shares in issue which have a share price of 302.5 giving Aberdeen Asset Management PLC a market capitalisation of 3.89B GBp. Standard Life employs over 8,000 and Aberdeen has over 2,800 staff. Aberdeen's share price meanwhile is 5.10 percent better off at 301.00p. Aberdeen has seen fund outflows accelerate amid deteriorating investor sentiment towards emerging markets, the company's stronghold.

by | March 06, 2017 | 01:02

In an interview on NBC's " Meet The Press ", Rubio said he had never heard these claims before. "I spoke with the President twice yesterday about the wiretap story". It is unclear what sparked Trump's tweets . Obama, through a spokesman, denied that he or any White House official ordered such surveillance. He ran the presidential campaign largely out of Trump Tower in NY.

by | March 06, 2017 | 00:57

Deutsche Bank has posted more than 8 billion euros of net losses in the past two years as Cryan, who took over in 2015, settled misconduct investigations and scaled back capital-intensive debt-trading businesses. In another about-face, the lender scrapped plans to sell its Postbank unit, saying it was unable to do so at an acceptable price. " Deutsche Bank confirms that it is conducting preparatory steps for a potential capital raise of approximately Euro 8 billion and several potential ...

by | March 06, 2017 | 00:50

PSA boss Carlos Tavares says buying Opel offers an "opportunity to create a European auto champion" and at the same time it will help the conglomerate sell more than five million cars each year. For PSA, the deal caps a stellar two-year recovery under chief executive Carlos Tavares, who is expected to slash costs at Opel in a bid to generate savings of up to 2bn euros a year.

by | March 04, 2017 | 01:06

Seven of the ten FOMC voting members are scheduled to speak through the week and, as at the time of the report , voting members Kaplan, Harker and Dudley have been particularly hawkish on the outlook for a rate hike in the near-term, leading the probability of a March rate hike holding well above 50%.