Markets
This is what the new Kermit the Frog voice sounds like
Matt Vogel , the latest puppeteer to take on the iconic fuzzy green character, replaced long-time Kermit puppeteer Steve Whitmire after he was sacked in the midst of controversy . "But, as I look around at what is presently transpiring it's clear to me that the job is far from done". In the post, Whitmire talked about how he approached playing Kermit, saying: "My hope was to install it direct... [Full Article...]
USA send troops, aircraft to flood-hit Texas
As heavy rain pounded Houston and Texas's coastal counties, the Insurance Information Institute said it was still too soon to make precise estimates of the damage to homes and businesses. Texas and the National Guard are planning for sustained operations. Witham said the military is providing everything Texas Gov. Greg Abbott (R) has requested, but the continuous rain and flooding roadways cou... [Full Article...]
Bank of America rises after Warren Buffett becomes its biggest shareholder
The iconic CEO's move involved the exchange of $5 billion in preferred stock for common shares. Those preferred shares came with the right to convert them into common stock for $7.14 a share, which Buffett did on Tuesday. The common shares that Berkshire received are worth about $16.5 billion. The swap was made possible by Bank of America's decision in June to boost its dividend 60 percent, afte... [Full Article...]
Storm could be 'new ground' for Louisiana parish
Tornadoes would also be possible across parts of southern and central Alabama, near the eastern edge of Harvey's rain bands. "We've got a lot of experienced people". She built her house back up. It forced a storm surge that breached a system of levees built to protect New Orleans. Of course, that's only the rain total in Houston for the past two days. [Full Article...]
Federal Realty Investment Trust (NYSE:FRT) Experiences Heavy Trading Volume
The firm earned "Buy" rating on Thursday, December 31 by Stifel Nicolaus. On July 10 the company was set at "Outperform" by Evercore ISI Group which was a boost from the previous "Buy" rating. Psagot Inv House Limited holds 0% or 800 shares. Aew Cap Management LP holds 890,335 shares or 3.02% of its portfolio. Iab Finance Commercial Bank accumulated 11,359 shares or 0.74% of the stock. [Full Article...]
Advisory Breaks Up and Sells Following Elliott Campaign
Zacks Investment Research lowered shares of The Advisory Board from a "strong-buy" rating to a "hold" rating in a research report on Tuesday , July 25th. TRADEMARK VIOLATION NOTICE: This news story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. A number of hedge funds have recently bought and sold shares of ABCO. [Full Article...]
Best Buy Says Viral Photo of $42 Water Was 'a Big Mistake'
The price was seen only on Friday and was because an employee had mistakenly priced the entire case of water by multiplying the price of a single bottle. Texans reported businesses driving up prices in the wake of the disaster as companies reportedly anxious about supply and demand. Others reported cases of water going for up to $99. [Full Article...]
Cummins unveils next-gen diesel engines and electric truck
Despite its somewhat short range, the new concept can still carry up to 44,000 pounds of payload, and it only takes an hour to charge its 140kWh battery back at an 140kWh charging station. Additional aero optimizations include a more streamlined design together with a better sealed body and underbody. At the same time, Cummins is also looking at natural gas and ultra-efficient diesel engines... [Full Article...]