Markets
Sports Direct buys a 25% stake in GAME
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Mr Ashley's investment into Game Digital follows a profit warning from the retailer back in June, after a stock shortage of the latest Nintendo Switch console affected annual profits. Game's shares closed almost 23% higher on Wednesday amid speculation about higher-than-average trading activity. Admittedly GAME's response to its new shareholder appeared less than welcoming and may be it is n... [Full Article...]
Southern Rail owner to pay £13m over disruption failure
Members of the train drivers' union Aslef on Southern rail and the Gatwick Express have voted overwhelmingly to take strike action in a pay dispute. Lianna Etkind of the Campaign for Better Transport said: 'The Southern fiasco is estimated to have cost the economy over £300m, and the Government has already covered millions of pounds in delay repay on behalf of Southern as well as handing GTR £... [Full Article...]
AstraZeneca Falls After Report Says Its CEO Is Leaving for Teva
Should he accept the offer, the Frenchman is expected to pocket a $20 million signing bonus and nearly double the $5.7 million salary his predecessor received. Pascal Soriot has led the Anglo-Swedish drugmaker since 2012 and in 2014 fended off a takeover approach by USA pharma giant Pfizer. This year is also make or break for the company's drugs pipeline, with several key cancer treatments expec... [Full Article...]
Report paints picture of Cornell death
Cornell was on the floor with a band around his neck. The bodyguard loosened the band around Cornell's neck, then tried to resuscitate the singer by compressing his chest, Kirsten said in his statement. Cornell was found unresponsive in his hotel suite's bathroom in the hours after Soundgarden's show at the nearby Fox Theatre. According to an autopsy report released on June 2, there were var... [Full Article...]
Shell exits Ireland with Corrib sale
CPPIB will operate the field with Vermilion Energy Inc ( VET ) as it attempts to diversify beyond domestic markets in Canada. It includes an initial consideration of $947 million and additional payments of up to $285 million between 2018 and 2025, subject to gas price and production. [Full Article...]
How Analysts Feel About Delta Air Lines, Inc. (NYSE:DAL)?
Finally, Dimensional Fund Advisors LP raised its position in shares of Delta Air Lines by 85.6% in the first quarter. Finally, Ruggie Capital Group raised its position in Delta Air Lines by 1,187.0% in the first quarter. Delta's profits declined by almost 21% amid a jump in operating expenses; earnings of $1.22 billion dipped from the year-ago period's $1.55 billion. [Full Article...]
Magellan Midstream Partners LP
The Janney Capital Management Llc holds 645,952 shares with $20.98 million value, down from 693,628 last quarter. Magellan Midstream Partners L.P. has a 12-month low of $64.25 and a 12-month high of $81.77. It is 0.00% or $0 reaching $26.64 per share. Tower Rech Lc (Trc) owns 580 shares for 0% of their portfolio. Barclays Public Ltd Co holds 0% or 50,681 shares in its portfolio. [Full Article...]
The never ending war : Jose aims at Wenger and his latest signing
He would like me to go to Fulham but it didn't go through and then I had this option. "He's a big personality and a big player". He told manutd.com : "I am very happy that I am back, and I can be part of this team ". Fellow new boy Victor Lindelof , a summer acquisition from Benfica, trained with his new team-mates at UCLA, where Luke Shaw and Ashley Young worked away from the main group ... [Full Article...]