Markets
Trump approves $2B sale of drones to India ahead of meeting
A tiny village in India is being unofficially named after Donald Trump - and it's all for a good cause. "So we very much support continued negotiations between Westinghouse and its Indian partners, recognising that deals on this scale can take time", the official said, acknowledging that this is a very complicated issue. [Full Article...]
Standard Life Plc (SL) Rating Reiterated by Barclays PLC
The Illinois-based Northern Trust Corp has invested 0% in Restore PLC (LON:RST). Chicago Equity Ptnrs Ltd Liability Company reported 208,529 shares. NSK Ltd. Liberum Capital reaffirmed a "hold" rating and set a GBX 58 ($0.74) price target on shares of Debenhams Plc in a research report on Monday, May 15th. [Full Article...]
Long knives come out for Pelosi as Democrat losing streak grows
Nancy of Pelosi of California and Senate Minority Leader Chuck Schumer of NY as politically beneficial targets for Republican candidates. "I'm worth the trouble, quite frankly", snapped back Pelosi to her critics. She's also credited for many legislative successes on Capitol Hill . "And for a long time now, since I was elected whip and leader, it was always about 'do you support gay mar... [Full Article...]
Needle Moving Activity Spotted in JC Penney Company, Inc. (NYSE:JCP)
Past 5 years growth of J.C. Penney Company Inc (NYSE:JCP) observed at 9.37%, looking forward for the next 5 years it has a strong prediction of -28% over growth. Holding Company had a positive return on equity of 11.44% and a negative net margin of 0.89%. The company had revenue of $2.71 billion during the quarter, compared to analysts' expectations of $2.78 billion. [Full Article...]
Supreme Court Allows Disparaging Trademarks
The Supreme Court, however, struck down that clause Monday , ruling that the law's prohibition on providing federal trademarks for disparaging terms or logos violated the First Amendment's free speech protections. The case has drawn intense interest as it focused on the rights of free speech enshrined in the First Amendment of the USA constitution, at a time of heightened racial tensions in... [Full Article...]
Ameriprise Financial Inc. Has $331.39 Million Stake in Anthem, Inc. (ANTM)
Teton Advisors Inc sold 46,000 shares as Kimball Electronics Inc Com (KE)'s stock declined 1.52%. Several other institutional investors also recently modified their holdings of the company. The ex-dividend date of this dividend was Wednesday, June 7th. This represents a $2.60 dividend on an annualized basis and a yield of 1.34%. Relative volume is ratio between current volume and 3-month average... [Full Article...]
Pittsburgh Penguins Beat The Nashville Predators; Winning Back-To-Back Stanley Cups
They are the first team to do so since the 1998 Detroit Red Wings , which was before the salary cap came into play. Other details were still being finalized Monday and will be announced later. We had a lot of injuries. Colton Sissons had a goal erased by a whistle 67 seconds into the second period. As much as the Predators put on a fearless face, they had just a bit more than a minute-and-a-hal... [Full Article...]
FAA legislation improves Amazon's bid to deliver via drones
Amazon has applied for a patent for tailoring its fulfillment centers for a future where drones are delivering items to people's doorsteps in urban areas. The inventors say the center would be "configured to support a large volume of UAVs that continually pick up deliveries ... and then deploy toward a destination for the particular delivery". [Full Article...]