Markets
JD Sports posts more record results
The company said that after upbeat sales it now expects profits for the full year to be at the top of analysts forecasts at around £290m. Profits at JD Sports, the sportswear retailer, have jumped by 33 per cent to a new record high thanks to a strong performance in the United Kingdom and Ireland and growth in its online and global businesses. [Full Article...]
Bombardier jobs hugely important to Northern Ireland: PM May's spokesman
Boeing has alleged that Bombardier engaged in "price dumping" by agreeing to sell 75 of their planes for nearly $14m (£10.6m) below their cost price. The US Department of Commerce is expected to announce a decision on whether to impose duties against Bombardier on September 25. [Full Article...]
US Household Income Hits Record High in 2016: Improvements for Everyone
The new official poverty rate in the country is 12.7 percent. The percentage of people without health insurance coverage for the entire 2016 calendar year was 8.8 percent, down from 9.1 percent in 2015. "The poor is not their constituency". The gap between the earnings of women and men narrowed slightly in 2016, with women now earning just more than 80 cents for every dollar men earn. [Full Article...]
This New Nordstrom Store Will Stock No Merchandise
The shares suffered their worst decline in more than a month after the department-store chain announced the new "neighborhood-hub" shop, which will open on October 3 in West Hollywood, Calif. Nordstrom - which was founded in 1901 as a shoe store in Seattle - now has 356 stores, including its low-price Rack brand, in 40 states. Still, that is not without risk at a time shoppers have ample tools at ... [Full Article...]
Trump's tax cut aim doubtful: USA treasury secretary
Ryan said that "the numbers are hard" to make a 15 percent rate possible, and that he's shooting for a rate in the low-to-mid 20s. "In the high tax states, there will not be a tax decrease", Mnuchin said. Mr. Trump and Republicans have made tax reform overhaul their main priority for the fall and have repeatedly promised to pass the legislation before the end of the year. [Full Article...]
Could Apple Inc. (JRS) Increase Even More? The Stock Formed Multiple Top
About 30,837 shares traded. Provident Financial Holdings, Inc. (OKE) has risen 23.81% since September 12, 2016 and is uptrending. It has underperformed by 0.40% the S&P500. Greenwich Wealth Management Llc decreased Nvidia Corp (NASDAQ:NVDA) stake by 48,000 shares to 55,080 valued at $5.88M in 2016Q4. On Wednesday, June 7 Riccio Daniel J . [Full Article...]
Irma Weakens After Hard Hits on Caribbean, Florida
We are patrolling and we will not tolerate criminal activities while our community recovers from Hurricane Irma , ' the body said on social networks. Even areas that did not face a direct hit from Irma saw flooding and downed power lines. How many people in the dangerously exposed, low-lying islands defied evacuation orders and stayed behind was unclear. [Full Article...]
Alexion Pharmaceuticals to Move From Conn
Blackrock Institutional Tru Na accumulated 6.09M shares or 0.11% of the stock. Orbimed Advisors Llc decreased Alexion Pharmaceuticals Inc (Call) (ALXN) stake by 96.21% reported in 2016Q4 SEC filing. 10,000 shares were bought by HANTSON LUDWIG, worth $1.17M on Wednesday, June 14. Once the decision is made that the company is a good fit for the portfolio, it may be wise to assess whether or not ... [Full Article...]