Markets
House GOP leader suggested Putin was paying Trump
McCarthy would offer the president such dogged support, he'd come to refer to the majority leader as "My Kevin". Prime Minister Groysman had moments earlier told both McCarthy and Ryan that Russian President Vladimir Putin was prone to a particular tactic of supporting, verbally and financially, populist leaders around the world in an attempt to undermine and weaken Eastern European democ... [Full Article...]
Ford's stock sinks to 4 1/2-year low
Finally, Raab & Moskowitz Asset Management LLC boosted its position in shares of Ford Motor Company by 0.7% in the third quarter. Montecito Comml Bank & Tru has invested 0.01% in General Motors Company (NYSE:GM). Stockholders of record on Thursday, April 20th will be issued a $0.15 dividend. A rating of 4 or 5 would represent a Sell recommendation. The ex-dividend date is Tuesday, April 18th. [Full Article...]
Memorial Day Travel Highest Since 2005
That is more than 1 million more people than traveled a year ago and the most since 2005, according to AAA and its research partner IHS. This is the third consecutive year of growth for Memorial Day travel, with one million more travelers taking the road in 2017 compared to 2016. [Full Article...]
Time To Rake In Healthy Returns From Chico's FAS, Inc. (CHS)
Following the completion of the acquisition, the senior vice president now directly owns 30,190 shares in the company, valued at $416,018.20. Chico's FAS had 32 analyst reports since August 14, 2015 according to SRatingsIntel. Hallmark Cap Mngmt has invested 0% in The Gabelli Dividend & Income Trust (NYSE:GDV). As per Thursday, June 9, the company rating was maintained by SunTrust. [Full Article...]
Rolf Harris to be released from prison
Rolf Harris will be released from jail on Friday (UK time) after being granted bail on groping charges he's on trial for in a London court. So far, the former TV presenter had been attending his trial via video link, meaning he will appear in person for the remainder of the trial, upon his release. [Full Article...]
Nestle Loses Battle to Trademark Four-Fingered KitKat Bars in UK
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But in 2016, the EU's second-highest court annulled that decision, forcing the EUIPO to decide whether Kit Kat had acquired "distinctive character" in each of the 28 European Union member states. Nestle could now take the case to the supreme court. In 2015, Cadbury lost a five-year legal battle to block Nestle from using their signature Dairy Milk shade of purple on their wrappers. [Full Article...]
SSE Sees `Significant Challenges' as U.K. Price Cap Looms
The Big Six provider said 4.76 million of its 6.76 million United Kingdom domestic customer accounts could be affected by a cap on standard variable tariffs (SVTs). SSE's annual results come as the energy sector comes under pressure in the run-up to the election with the Tories promising a price cap and Labour planning to nationalise part of the industry. [Full Article...]
Park National Corp OH Lowers Position in Wal-Mart Stores Inc (WMT)
Proficio Capital Partners LLC increased its position in Wal-Mart Stores by 0.3% in the third quarter. The retailer reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.01. New York-based Two Sigma Securities Limited Liability Corporation has invested 0.12% in Wal-Mart Stores Inc (NYSE:WMT). (WMT) reported last quarter earnings figures on February 21. [Full Article...]