Month: February 2017

Hasbro Sales, Profit Beat on Disney Doll Demand

Hasbro reported better-than-expected quarterly revenue and profit, helped by strong demand for its Disney Princess and Frozen dolls in the all-important holiday selling season in the United States. Pawtucket, Rhode Island-based Hasbro said revenue from toys in the girls category jumped 52 percent, as demand for dolls based on Walt Disney’s Cinderella and Frozen rose significantly in the fourth quarter ended Dec. 25. The company also benefited from strong demand for Dream Works’ Trolls dolls.

Futures Flat as Investors Seek Fresh Catalysts

U.S. stock index futures were little changed on Monday as investors looked for fresh trading catalysts after a strong jobs report last week. U.S. stocks climbed on Friday, with the S&P 500 closing just short of a record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and a strong payrolls report.

Dover considers faster broadband

A new fiber optics network could speed up internet here and entice more businesses to call the town home. “I think it would change the structure of Dover,” said Ken Black, the town’s economic development director.

Apple Said to Revive Efforts to Sell Used iPhones in India

Apple Inc. has put back on the table a request to sell used iPhones in India as it negotiates with the government for concessions to start production in the country, a person familiar with the matter said. The company has asked to bring in used iPhones to be refurbished and sold in India, saying it will have the manufacturing infrastructure needed to make them compliant with quality standards, said the person, who asked not to be named as the matter is private.

Egypt Said to Seek LNG as BP to Eni Gas Flow to Restore Exports

Egypt plans to import as many as 108 cargoes of liquefied natural gas this year as the country prepares to start producing at two gas fields and move closer to its goal of self-sufficiency and even exports by 2019. The North African nation will import 100 to 108 LNG shipments this year, including 43 to 45 cargoes in government-to-government contracts from Oman, Russia’s Rosneft PJSC and France’s Engie SA, according to a person familiar with the matter.

Berkshire’s Airline Bet Said to Stem From Faith in Parker’s Call

Warren Buffett once quipped that a “farsighted capitalist” should have shot down Orville Wright at Kitty Hawk to spare investors all the losses they would suffer on airlines in the decades after the birth of flight. That’s why it was a surprise when, in November, the billionaire’s Berkshire Hathaway Inc. disclosed investments in the four largest U.S. carriers: American Airlines Group Inc., Delta Air Lines Inc., Southwest Airlines Co.

Investors are worried about Wall Street rollbacks by Trump

President Trump last week signed a “presidential memorandum to delay the Labor Department’s rules that require financial professionals to put their clients’ interests ahead of their own.” Last week, Trump signed a “presidential memorandum to delay the Labor Department’s rules that would require financial professionals to put their clients’ interests ahead of their own,” The Post’s Renae Merle wrote .

A Harvard professor on the five questions to ask when facing tough decisions

Joseph L. Badaracco is the John Shad Professor of Business Ethics at Harvard Business School and the author of numerous books on leadership, decision-making and responsibility. In an interview with Tom Fox, Badaracco discussed some of the central themes of his most recent book, ” Managing in the Gray: Five Timeless Questions for Resolving Your Toughest Problems at Work .”

Athleisure Makeup Has The Cosmetics Industry Breaking A Sweat

To promote its new Athleisure Makeup line , Tarte partnered with social media “fitfluencers” to push the concept that “sporty is the new sexy.” The campaign, titled Hustle & Glow, includes a beautifully produced video in which a woman wakes up in her spacious Malibu mansion and heads to the bathroom for a full beauty routine in preparation to .

Queen’s 65-year reign a milestone in a record-breaking life

Britain’s Queen Elizabeth II stops to receive flowers from 3-year old Jessica Atfield, after the queen and her husband Duke of Edinburgh, attended a church service at St Peter and St Paul church in West Newton, England, Sunday Feb. 5, 2017. The Queen is to make history on Monday Feb. 6, when she becomes the first British monarch to reach the Sapphire Jubilee, marking the 65th.

Ex-Catalan leader on trial for holding vote on independence

Former President of the Catalan regional Government Artur Mas, center, waves to the crowd as he arrives next to former Education Minister Irene Rigaua, left, and former Vice President Joana Ortega at the Catalonia’s high court in Barcelona, Spain, Monday, Feb. 6, 2017. Thousands took the streets of Barcelona Monday to accompany the three Catalan politicians as they walked to a high court where they face charges for disobeying a Constitutional order two years ago banning a vote on the region’s independence.

Ryanair sees average fares fall by 17%

Ryanair’s average fares fell by 17% in the final three months of last year while its profits were down by 8%, the airline has said. However, passenger numbers rose by 16% to 29 million in the third quarter, and its planes flew at 95% capacity.

Ryanair sees average fares fall by 17%

Ryanair’s average fares fell by 17% in the final three months of last year while its profits were down by 8%, the airline has said. However, passenger numbers rose by 16% to 29 million in the third quarter, and its planes flew at 95% capacity.

Ryanair sees average fares fall by 17%

Ryanair’s average fares fell by 17% in the final three months of last year while its profits were down by 8%, the airline has said. However, passenger numbers rose by 16% to 29 million in the third quarter, and its planes flew at 95% capacity.

Randgold Caps Record Production with Earnings and Dividend Increase

Randgold Resources, the biggest gold producer on the London Stock Exchange, posted a stronger-than-expected rise in full-year profit and boosted its annual dividend by more than 50%. Randgold Resources , the biggest gold producer on the London Stock Exchange, posted a stronger-than-expected rise in full-year profit and boosted its annual dividend by more than 50%.

European Stocks Called Lower Ahead of Busy Corporate Earnings Weeks

European stocks are set to open modestly lower Monday as investors prepare for a hectic week of corporate earnings both here and in the United States. European stocks are set to open modestly lower Monday as investors prepare for a hectic week of corporate earnings both here and in the United States with more than 120 reports expected over the next five days.

European Stocks Called Lower Ahead of Busy Corporate Earnings Weeks

European stocks are set to open modestly lower Monday as investors prepare for a hectic week of corporate earnings both here and in the United States. European stocks are set to open modestly lower Monday as investors prepare for a hectic week of corporate earnings both here and in the United States with more than 120 reports expected over the next five days.

Trump Extends Timetable to Replace Obamacare

President Donald Trump downgraded expectations for his party’s swift repeal and replacement of the 2010 health law in a Sunday interview with Fox News’ Bill O’Reilly, saying “maybe it’ll take til some time into next year” “Obamacare doesn’t work. So we are putting in a wonderful plan.

Takata shares slide, KSS seen backing court-led restructuring

Shares in Japan’s Takata Corp lost a fifth of their value on Monday after sources said Key Safety Systems had been selected to lead its turnaround, fanning concern that a court-led restructuring was on the cards. The Nikkei business daily, which first reported the news of KSS’s selection, said automakers would support the pick on condition Takata pursue a court-mediated turnaround in both Japan and the United States – a move that could wipe out shareholders’ equity.

Takata shares slide, KSS seen backing court-led restructuring

Shares in Japan’s Takata Corp lost a fifth of their value on Monday after sources said Key Safety Systems had been selected to lead its turnaround, fanning concern that a court-led restructuring was on the cards. The Nikkei business daily, which first reported the news of KSS’s selection, said automakers would support the pick on condition Takata pursue a court-mediated turnaround in both Japan and the United States – a move that could wipe out shareholders’ equity.

Oil Edges Up on Iran Tensions

Oil prices edged up on Monday on fears that new U.S. sanctions against Iran could be extended to affect crude supplies, but markets were capped by further signs of growing U.S. production. Tensions between Tehran and Washington have risen since a recent Iranian ballistic missile test which prompted U.S. President Donald Trump’s administration to impose sanctions on individuals and entities linked to Iran’s elite Revolutionary Guards military unit.

Lady Gaga Soars Over Super Bowl Stage With Bow to Inclusion

Standing atop the roof of Houston’s NRG Stadium with drones illuminating an American flag in the night sky behind her, Lady Gaga kicked off her Super Bowl halftime set on Sunday by singing “God Bless America” as a subtle message of inclusion and unity in a deeply divided United States. As many speculated about whether the outspoken singer would use her spotlight to address women’s rights, immigration or President Donald Trump, Gaga recited part of the American Pledge of Allegiance, “one nation under God, indivisible with liberty and justice for all,” in her opening song.

Lady Gaga Soars Over Super Bowl Stage With Bow to Inclusion

Standing atop the roof of Houston’s NRG Stadium with drones illuminating an American flag in the night sky behind her, Lady Gaga kicked off her Super Bowl halftime set on Sunday by singing “God Bless America” as a subtle message of inclusion and unity in a deeply divided United States. As many speculated about whether the outspoken singer would use her spotlight to address women’s rights, immigration or President Donald Trump, Gaga recited part of the American Pledge of Allegiance, “one nation under God, indivisible with liberty and justice for all,” in her opening song.

Lady Gaga Soars Over Super Bowl Stage With Bow to Inclusion

Standing atop the roof of Houston’s NRG Stadium with drones illuminating an American flag in the night sky behind her, Lady Gaga kicked off her Super Bowl halftime set on Sunday by singing “God Bless America” as a subtle message of inclusion and unity in a deeply divided United States. As many speculated about whether the outspoken singer would use her spotlight to address women’s rights, immigration or President Donald Trump, Gaga recited part of the American Pledge of Allegiance, “one nation under God, indivisible with liberty and justice for all,” in her opening song.

Apple to Zynga File Legal Brief Against Trump Immigration Order

Ninety-seven companies, from Apple Inc. to Zynga Inc., filed an impassioned legal brief condemning President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late Sunday in the Ninth Circuit Court of Appeals and emphasizes the importance of immigrants in the economy and society.

Apple to Zynga File Legal Brief Against Trump Immigration Order

Ninety-seven companies, from Apple Inc. to Zynga Inc., filed an impassioned legal brief condemning President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late Sunday in the Ninth Circuit Court of Appeals and emphasizes the importance of immigrants in the economy and society.

Apple to Zynga File Legal Brief Against Trump Immigration Order

Ninety-seven companies, from Apple Inc. to Zynga Inc., filed an impassioned legal brief condemning President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late Sunday in the Ninth Circuit Court of Appeals and emphasizes the importance of immigrants in the economy and society.

Top Trader Vitol Sees Oil Rattled as Trump Makes Market Fret

Donald Trump and global crude producers are set to take prices on a bumpy ride this year, according to the world’s biggest independent oil trader. As investors are kept on tenterhooks over U.S. policies and whether OPEC and other nations will curb output as pledged, global benchmark Brent crude may vacillate between $52 and $62 a barrel, according to Kho Hui Meng, the head of the Asian arm of Vitol Group.

Trump could approve a giant merger that’s scaring American…

By the time President Donald Trump took office, he had already gotten involved in one of the world’s biggest mergers. In mid-January, the CEOs of Bayer and Monsanto, Werner Baumann and Hugh Grant, reported in a joint statement that they had a “very productive meeting” with the incoming president about their potential $66 billion merger.

The 5 worst ads of Super Bowl 51

The price of a 30 second ad for this year’s Super Bowl cost advertisers upwards of $5 million, that’s $166,667 per second. We used a subjective determination of taste and a non-scientific measurement of social media enthusiasm to rank the ads we saw during this year’s big game.