Markets
Finish Line Comps Down; Lifts Earnings View For Q4, FY18
Finish Line believes that its sale to JD Sports will provide immediate value to shareholders and move it into a stronger position to compete as part of a global enterprise. Pritchard said the deal will enhance JD's relationships with the big manufacturers, especially Nike , which represents 71% of Finish Line's sales. [Full Article...]
Lowe's Companies, Inc. Stock Surges on CEO Succession Plan
About 9.96M shares traded or 43.96% up from the average. It has underperformed by 25.78% the S&P500. John Overdeck decreased its stake in Lowes Cos Inc (Call) ( LOW ) by 61.76% based on its latest 2017Q3 regulatory filing with the SEC. LOW stock was up 5% as of noon Monday. The firm has "Buy" rating given on Tuesday, June 7 by Canaccord Genuity. The stock has "Buy" rating by Vetr on Thursday, A... [Full Article...]
Man arrested after trying to disarm Rockford officer
Columbus police say 25-year-old Kaitlin Marie Demeo was shot when she fired at officers from the window of a home on Saturday morning, several hours after the standoff began. He left the store driving a 2017 red Kia Sedona. Baker was seen heading west on International Speedway Boulevard and shortly after the officers saw flames and smoke and responded to the crash scene, finding a debris field a... [Full Article...]
Spotify could rack up 96 million paid subscribers this year
KitGuru Says: While Spotify may have had two million fraudulent users, the service is still ahead of Apple Music in terms of paying and free users. In its filing with the U.S. Spotify founder and CEO Daniel Ek has said repeatedly that the service's tough business model needs scale to become profitable. For the full year, it is aiming for 92-96 million premium users, it said. [Full Article...]
In debut, Shanghai crude oil futures jump more than 6 percent
The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange and started trading on September 6, 2013. They mainly trade higher-quality light sweet crude oil, while the yuan contracts on the Shanghai International Energy Exchange involve mainly medium-sour crude. [Full Article...]
Jets Pull Contract Offer To Ndamukong Suh
NFL.com later said the Jets made the "biggest offer," adding, "Suh would have to take less to go to the other teams ... which he may do". No further explanation was given for the move, and Suh's controversial history, which includes multiple suspensions and unsportsmanlike on-field actions, was not brought up as a reason. [Full Article...]
Giants Not Ruling Out Possibility Of Odell Beckham Jr
And Mara, the Giants' president and chief executive officer, wasn't pleased, not so much for what it revealed, but for the fallout. ". I'm exhausted of answering questions about Odell's behavior". The incident creates another element in the ongoing discussions about Beckham's future. With Mara growing exhausted of his antics and new general manager Dave Gettleman having a reputation of being a... [Full Article...]
Southeast Asia's Grab buys Uber's regional business
Grab said it will extend its leadership as the most cost efficient Southeast Asian platform, as it takes over Uber's operations and assets in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Softbank is also a major investor in Grab, and is known for pushing for consolidation in the global ride-hailing industry, which has been losing billions of dollars a ... [Full Article...]