Economy

14.5% Potential Upside Now Implied by Barclays

Gradient Investments LLC now owns 67,984 shares of the financial services provider's stock valued at $4,225,000 after buying an additional 6,869 shares during the period. COPYRIGHT VIOLATION NOTICE: "Quantitative Investment Management LLC Has $16,407,000 Stake in J P Morgan Chase & Co (JPM)" was reported by Sports Perspectives and is the sole property of of Sports Perspectives. Read More

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Police in NY hunt $6 million New Year's Eve jewel thieves

Police in NY hunt $6 million New Year's Eve jewel thieves

Police believe the burglary was an inside job, as the suspects didn't need to force their way into the safes; they were already open, the New York Daily News reports . The two safes that were ransacked were either unlocked, or the thieves had the codes. The thieves stuffed rings, diamonds, necklaces, and an 18k gold bracelet, among other items, into backpacks before fleeing down a sixth-floor stairwell. Read More

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Done with your Christmas tree? Here's how to pitch it

In the city of Durham, customers without yard waste service must contact Durham One Call at 919-560-1200 to request a Christmas tree collection between January 3 and the end of business on February 2. But in the almost 20 million homes with real Christmas trees, where should the trees go when their job is done? Trees seven feet in length or less can be placed at the curb uncut. Read More

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Home prices move up in October

Home prices move up in October

Economists had estimated a non-seasonally adjusted gain in the 20-city index of 5.1%. "Mortgage interest rates rose in November and are expected to rise further as home prices continue to outpace gains in wages and personal income", Blitzer said in a statement. Read More

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Iran Air inks deal with Airbus to buy 100 planes

Following last year's landmark nuclear deal with world powers and the lifting of worldwide sanctions, the Islamic Republic seeks to rapidly replace and upgrade the country's aging air fleet. Airbus said that the deal is subject to USA government Office of Foreign Assets Control (OFAC) export licences which were granted in September and November 2016. Read More

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Browns snap 17 game losing streak, defeat Chargers 20-17

Browns snap 17 game losing streak, defeat Chargers 20-17

Up next for the Browns? Antonio Gates led all receivers with 8 receptions for 94 yards and 1 touchdown. Bosa has two sacks, three tackles for loss, and three big hits on Browns quarterback Robert Griffin III today. However, the clock was winding down, and the Chargers had to rush their FG unit on to the field. The first play, on 4&10, sent the Chargers to the Browns 35. Read More

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Micron Posts First Revenue Rise in Seven Quarters as Pricing Improves

Micron Posts First Revenue Rise in Seven Quarters as Pricing Improves

Micron Technology, Inc. on 12/21/2016 reported its EPS as $-0.05 with the analysts projecting the EPS of the stock as $-0.12. Furthermore, the company also beat the consensus estimate of $3.96 billion. Its weekly performance is 1.04% while year to date (YTD) performance is 21.62%. The firm owned 193,784 shares of the semiconductor manufacturer's stock after buying an additional 78,782 shares during the period. Read More

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30-year mortgage rate hits 4.3%, highest in 2 1/2 years

Thirty-year fixed rates held steady, and 15-year fixed loans and 5/1 ARM rates dropped a bit Wednesday, according to a NerdWallet survey of mortgage rates published by national lenders this morning. Meanwhile, the refinance share of mortgage activity increased to 57.9% of all applications from 57.2% the previous week, the survey found. "Last week, mortgage rates increased to their highest level since May 2014, at least partially due to Federal Reserve's widely anticipated rate hike and ... Read More

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Local Marine Corps company collects for Toys for Tots

Local Marine Corps company collects for Toys for Tots

Toys for Tots in Jackson and George counties is gearing up for weekend distribution. Merrill said, "What an awesome opportunity, one you see the kinds of toys and the amount of toys and you know people are digging deep in their hearts to share something that there's a kid and a family in need or multiple kids in a family that have a chance to have a Christmas present now". Read More

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British Airways says cabin crew to strike over Christmas

British Airways says cabin crew to strike over Christmas

It is likely to disrupt about 50 routes. The strike action could start any time after December 21, however union officials would not confirm if the proposed strike would impact travellers flying right at Christmas. But the union leaders disagree, saying that their members are not getting a decent salary. "Our members have overwhelmingly voted for strike action because British Airways' pay rates are indefensible and the crew are at breaking point". Read More

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The saga of a single-antlered deer in Harlem just ended tragically

The saga of a single-antlered deer in Harlem just ended tragically

De Blasio's office said the deer would need to be euthanized, saying it was "the only humane and safe recourse". Governor Cuomo's office pointed the finger directly at the city government when news about the deer's death broke. The deer, with just one antler, had been roaming Jackie Robinson Park in Harlem , for the past two weeks or so, wrote the New York Times earlier this week. Read More

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Tata Motors' Union extends support to Ratan Tata

Mistry was unceremoniously sacked in October as chairman of Tata Sons, the holding company of India's most famous family conglomerate - the $103 billion steel-to-salt Tata Group. His shareholding made up for 35 per cent of the negative vote for the resolution. While 93% of votes at Tuesday's EGM were in favour of Mistry's removal and 7% against it, Mistry received support from some institutional and retail investors. Read More

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Quest Diagnostics Breach Exposes Health Data of 34000 Customers

Quest Diagnostics Breach Exposes Health Data of 34000 Customers

Social Security numbers, credit card information, insurance and other financial information was not accessed, Quest said in a media release. The company is now notifying people whose records were breached. The investigation is ongoing and the unauthorized intrusion has been reported to law enforcement. "We're taking it seriously", Moynihan said. There are three Quest Diagnostics locations in Colorado Springs. Read More

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Japanese brewer Asahi to buy East Europe beer brands for $8B

Asahi's sales outside of Japan account for around a fifth its total revenue, and a successful deal to buy SABMiller Eastern European assets would be the biggest ever made by the Tokyo-based company. Japanese beer makers are seeking growth in worldwide markets because the domestic market is shrinking, due to a declining and aging population. It is the second biggest acquisition by a Japanese brewer on record, behind brewer and distiller Suntory Holdings Ltd's near $14 billion purchase of ... Read More

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Rs.3.25 cr seized from Karol Bagh hotel

The Income Tax Department and Crime Branch of Delhi police, seized around huge amount of Rs 3.25 crore in Delhi's Karol Bagh hotel. As per the reports, the raid was carried out at a hotel in Karol Bagh in the national capital. Last Saturday, the Delhi police raided a a law firm in South Delhi's Greater Kailash-I area and recovered cash worth Rs 13 crore. These experts in packaging use a particular type of tape and wires which passes through X-ray also without being detected. Read More

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Gates chairs $1B fund for clean energy

Gates chairs $1B fund for clean energy

He previously joined the board of The Nature Conservancy, and launched an environmental protection fund a year ago with Tencent's Pony Ma to clean up China's water and air. The BEV fund focuses its investments in Mission Innovation* countries investing patient capital (20-year horizon) in companies and technologies that show sizeable promise for moving the world toward an emission-free future. Read More

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From 'oops' to DOE chief; Rick Perry is pick for Energy

Perry's selection is another indication that the incoming Trump administration may be friendly toward the fossil fuel industry. Perry, who served 14 years as governor of energy-rich Texas, blanked on the Department of Energy's name during a televised gaffe in a 2011 debate that was probably the most high-profile moment of his troubled 2012 presidential run. Read More

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New Italian coalition government to be sworn in

Gentiloni, 62, served as Renzi's foreign minister until the latter resigned after voters resoundingly defeated a December 4 referendum on government-backed constitutional reforms. Even before he announced his Cabinet, some observers took to dubbing it the "Renziloni" government. "I did my best to form a government in the briefest of time", Mr Gentiloni told reporters at the Quirinal presidential palace. Read More

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