Sears has time and again had to resort to one-time infusions of cash simply to keep the lights on at its Sears and Kmart stores. Image source: Sears Holdings.
Month: January 2017
Should Investors Bet on Gilead Sciences Version 3.0?
CEOMark Pruzanski presented late Wednesday at the J.P. Morgan Healthcare Conference. Pruzanski obviously focused on Intercept’s achievements and plans.
Umb Bank N a Mo Sells 3,275 Shares of Dish Network Corporation
UMB Bank N A MO reduced its position in DISH Network Corporation by 41.7% during the third quarter, Holdings Channel reports. The fund owned 4,575 shares of the company’s stock after selling 3,275 shares during the period.
Cuba sees explosion in internet access as ties with US grow
In this Jan. 6, 2017 photo Roberto Carlos Villamar uses his laptop on the new experimental internet in the living room of his home in Havana, Cuba. For many Cubans, the start of home internet in December breaks a longstanding barrier against private internet access in a country whose communist government remains deeply wary about information technology undermining its near-total control of media, political life and most of the economy.
Cuba sees explosion in internet access as ties with US grow
In this Jan. 6, 2017 photo Roberto Carlos Villamar uses his laptop on the new experimental internet in the living room of his home in Havana, Cuba. For many Cubans, the start of home internet in December breaks a longstanding barrier against private internet access in a country whose communist government remains deeply wary about information technology undermining its near-total control of media, political life and most of the economy.
For Bonds It’s D j vu All Over Again
One of the issues I’ve been pounding hard on over the past year is that there is no pent-up consumer demand, and there can’t be because all income is now collateralized to meet current debt-servicing requirements. As simple as this observation is I keep repeating it because I keep receiving communications from subscribers that essentially start with “Yeah, but…” and then go on to point out some way that demand may be caused to actualize.
U.S. House Votes to Begin Repealing Obamacare
U.S. House Republicans on Friday won passage of a measure starting the process of dismantling Obamacare, despite concerns about not having a ready replacement and the potential financial cost of repealing repealing Democratic President Barack Obama’s landmark health insurance law. The House of Representatives voted 227-198 to instruct committees to draft legislation by a target date of Jan. 27 that would repeal the 2010 Affordable Health Care Act, popularly known as Obamacare.
U.S. Banks to Stay in Fashion as Earnings Kick Off
U.S. bank stocks will stay in favor with investors as long as earnings reports in the coming week show an improving profit outlook while investors wait to see if U.S. President-elect Donald Trump lives up to his campaign promises. Wells Fargo & Co.
San Bernardino terror attack survivors still report treatment problems
Survivors of the Dec. 2, 2015 terrorist attack in San Bernardino said Friday that treatment is still being delayed or denied after the county assigned an outside firm to expedite workers’ compensation claims. As of Jan. 5, an employee with Sherman Oaks-based IW Care Connection said the firm had contacted only about half of survivors, who work for the San Bernardino County public health department’s Environmental Health Services division, survivors said Friday.
Inauguration Week: All Eyes on Central Banks
Leading up to Donald Trump’s swearing-in ceremony on Jan. 20, the momentum on Wall Street belongs to financial services. As President-elect Donald Trump mounts the inaugural podium on Jan. 20, resurgent central banks already occupy center stage.
Inauguration Week: All Eyes on Central Banks
Leading up to Donald Trump’s swearing-in ceremony on Jan. 20, the momentum on Wall Street belongs to financial services. As President-elect Donald Trump mounts the inaugural podium on Jan. 20, resurgent central banks already occupy center stage.
Apple and Lululemon Surprisingly May Have One Thing in Common
“I really think of ourselves as a tech company more than an apparel company,” Lululemon CEO Laurent Potdevin told TheStreet in an interview Tuesday. For Potdevin, it’s the success at broadening Lululemon’s brand into training, running, swim and other categories for both men and women that will prove instrumental in achieving some robust long-term targets.
Italy Rejects Germany’s Request on Fiat Cars in Months-Long Feud
Italy rejected Germany’s request to look closer at Fiat Chrysler Automobiles NV’s vehicles to ensure they meet European emission rules, as the months-long feud between the countries over the issue escalated. Italian Deputy Transport Minister Riccardo Nencini said the “insistence of the German government after the responses given by the Italian ministry is incomprehensible.”
Why Jim Cramer Won’t Buy Foreign Stocks Right Now
Jim Cramer says he won’t buy foreign stocks right now because “you may make money on the actual stock performance, but you’ll lose it in the currency [conversion].” “Even if you own a stock, say, in Britain and it’s hitting the ballout the park — I mean, [we’ve had] 12 straight days of Britain being up — you’re going to lose on a currency translation,” Cramer said Wednesday in a conference call with members of his Action Alerts PLUS investment club.
Don’t Be Fooled by Earnings From Wells Fargo, JPMorgan and Bank of America
Having said that, I am not backing off my call that the financial sector will enjoy a good 2017 despite the “disappointment” yesterday when the three biggies reported their numbers for the fourth quarter. As most investors in the sector saw, the reaction to their respective earnings was rather muted.
FCC Chairman warns Republicans against net neutrality repeal – CNET
In his last speech as chairman of the FCC, Tom Wheeler defends his controversial open internet rules that prohibit broadband providers from favoring their own services at the expense of their competitors. Federal Communications Commission Chairman Tom Wheeler testifies before a House subcommittee in March 2015 defending his agency’s controversial net neutrality rules.
FCC Chairman warns Republicans against net neutrality repeal – CNET
In his last speech as chairman of the FCC, Tom Wheeler defends his controversial open internet rules that prohibit broadband providers from favoring their own services at the expense of their competitors. Federal Communications Commission Chairman Tom Wheeler testifies before a House subcommittee in March 2015 defending his agency’s controversial net neutrality rules.
How to Trade Wells Fargo, Pandora and More of the Week’s Most Active Stocks
Put down the 10-K filings and the stock screeners. It’s time to take a break from the traditional methods of generating investment ideas.
How to Trade Wells Fargo, Pandora and More of the Week’s Most Active Stocks
Put down the 10-K filings and the stock screeners. It’s time to take a break from the traditional methods of generating investment ideas.
Nintendoa s weird and wonderful Switch console may be a hard sell for some
An attendee plays the “The Legend of Zelda: Breath of the Wild” video game on the Switch during an unveiling event in Tokyo on Jan. 13. Nintendo’s new machine, a tablet-sized device with wireless controllers that can be used anywhere but also connects to TVs, will go on sale March 3 at a price of $300, with a brand-new Zelda game as its launch title. Photographer: Kiyoshi Ota/Bloomberg Nintendo’s new Switch console is an odd gadget.
Nintendoa s weird and wonderful Switch console may be a hard sell for some
An attendee plays the “The Legend of Zelda: Breath of the Wild” video game on the Switch during an unveiling event in Tokyo on Jan. 13. Nintendo’s new machine, a tablet-sized device with wireless controllers that can be used anywhere but also connects to TVs, will go on sale March 3 at a price of $300, with a brand-new Zelda game as its launch title. Photographer: Kiyoshi Ota/Bloomberg Nintendo’s new Switch console is an odd gadget.
Netflix Heading Higher on Strength of Original Content, International Growth
Shares of Netflix rose 3.65% on Friday, following a bullish note from a Deutsche Bank analyst raising both the company’s rating and its price target. In October, Deutsche Bank’s Bryan Kraft posted a sell rating and a $90-per-share price target on the video streaming company.
Netflix Heading Higher on Strength of Original Content, International Growth
Shares of Netflix rose 3.65% on Friday, following a bullish note from a Deutsche Bank analyst raising both the company’s rating and its price target. In October, Deutsche Bank’s Bryan Kraft posted a sell rating and a $90-per-share price target on the video streaming company.
Go Inside Darden’s Mind-Blowing Massive Headquarters
This company that owns Olive Garden, among many other brands, operates from a headquarters the size of eight football fields. That’s exactly what Darden , which operates over 1,500 restaurants spanning seven brands, such as Olive Garden and Longhorn Steakhouse, has tucked away in Orlando, Fla.
Go Inside Darden’s Mind-Blowing Massive Headquarters
This company that owns Olive Garden, among many other brands, operates from a headquarters the size of eight football fields. That’s exactly what Darden , which operates over 1,500 restaurants spanning seven brands, such as Olive Garden and Longhorn Steakhouse, has tucked away in Orlando, Fla.
Will Robots Usher In A Utopia Or Dystopia?
Peter Frase’s new book imagines multiple scenarios and lays out some touch choices we’re going to have to make. Will our future of robots and autonomous cars turn out to be a dystopia or a utopia? That’s the question that author Peter Frase grapples with in his new book, Four Futures: Life After Capitalism .
PowerPoint Isn’t Dead Yet: Three Presentation Tips That Still Work In 2017
When you’re in a meeting and somebody flips on a PowerPoint presentation, chances are you’re instantaneously bored or annoyed. Most people probably wouldn’t mind if they never had to watch another PowerPoint every again.
Terror, Trump and nationalism complicating Turkey’s economic recovery
Turkish President Recep Tayyip Erdogan recently suggested that Turks should exchange their foreign currency for Turkish lira as a way of helping to lift the country’s sagging economy. Nil KA ksal is a CBC News correspondent based in Istanbul.
Here’s what really happens to all those gifts you return to the store
A customer carries a TV to the checkout at a Best Buy store in Ottawa on Boxing Day, Monday, Dec. 26, 2016. Between six and nine per cent of all goods sold each year by Canadian retailers will be returned, the bulk of them in the post-holiday period.
Dairy farmers replace ‘way too cute’ cartoon cow in logo redesign
The Dairy Farmers of Canada’s former symbol for Canadian-only milk products has been around for decades. The new look is meant to be less cute and more professional.
Mary Lanning Medical Chief to Depart For Omaha
As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc. does not discriminate in the sale of commercial time, and will not accept advertising which, in its sole opinion, is purchased with intent to discriminate unlawfully on the basis of race, gender, or ethnicity. The advertiser hereby certifies that its purchase of commercial time is not made for an unlawful discriminatory purpose, including specifically that it is not based upon a decision to place advertising on a station on the basis of race, gender, or ethnicity.
Outgoing FCC chair Tom Wheeler uses his final public speech to make a …
Outgoing FCC chair Tom Wheeler uses his final public speech to make a case for maintaining net neutrality – The outgoing head of the Federal Communications Commission, Tom Wheeler, used his final public speech to make a closing argument for maintaining net neutrality, the signature achievement of his time at the agency.
Outgoing FCC boss: Killing net neutrality under Trump ‘not a slam dunk’
To all the critics of net neutrality who believe the Federal Communications Commission under President-elect Trump will reverse its decision on Open Internet rules, think again says the outgoing chairman of the agency. Delivering what may be his final speech as chairman at an Aspen Institute event in Washington, D.C., on Friday, Thomas Wheeler said “Contrary to what you might have heard, reversing the Open Internet rules is not a slam dunk.”
To cut down on clutter, cut up some of your credit cards
From now until the end of January, I’m encouraging people to clean both their real house and their financial house. It’s the 2017 #NoDebtNoMess Color of Money Challenge.
How one womana s fight is helping workers decades after Santa Susana radiation exposure
Bonnie Klea, a former secretary for the Department of Energy who worked at the Santa Susana Field Lab, recently scored a victory on behalf of thousands of workers. Based on documents Klea filed beginning in 2007, the federal government decided that those who were employed by the DOE to work at the Santa Susana Field Lab and related offices from 1948 to 1988 should be compensated for illnesses they may have suffered as a result of working there.
Residents rip plan for towering apartment complex in Granada Hills
LA Councilman Mitchell Englander speaks with protesters outside his Chatsworth office before meeting with Neighborhood Council representatives and a developer that is planning a mixed-use project that includes 440 apartments in Granada Hills on Friday, Jan. 13, 2017. The project will replace a shopping center at the corner of San Fernando Mission Boulevard and Woodley Avenue in Granada Hills.
How the Department of Energy plans to clean up toxic Santa Susana Field lab
Visitors make their way by the remains of VTS-1 at the Santa Susana Field Lab Thursday, August 12, 2010. Many community members and former Rocketdyne employees were on hand for the tour.
Home Sales Surge
John Bowman of Old Dominion Realty shows a late-18th century house in Port Republic to David Shank of Mount Crawford and Marta Ruiz, 16, a Spanish foreign exchange student the Shanks are hosting. John Bowman of Old Dominion Realty shows a late-18th century house in Port Republic to David Shank of Mount Crawford and Marta Ruiz, 16, a Spanish foreign exchange student the Shanks are hosting.
5G spectrum squatting case ends in $100M FCC fine
The FCC has fined a company US$100 million for not using licenses to spectrum that is now considered promising for future 5G networks. Straight Path Spectrum agreed on Wednesday to pay the civil penalty, surrender most of its licenses, and sell the rest, among other conditions in a consent decree with the U.S. Federal Communications Commission.
Staying Safe During an Ice Storm, Winter Weather
As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc. does not discriminate in the sale of commercial time, and will not accept advertising which, in its sole opinion, is purchased with intent to discriminate unlawfully on the basis of race, gender, or ethnicity. The advertiser hereby certifies that its purchase of commercial time is not made for an unlawful discriminatory purpose, including specifically that it is not based upon a decision to place advertising on a station on the basis of race, gender, or ethnicity.