Finance

Lattice Semiconductor Corporation (LSCC), Steelcase Inc. (SCS)

Lattice Semiconductor Corporation (LSCC), Steelcase Inc. (SCS) Tiaa Cref Investment Management Llc, which manages about $134.07 billion US Long portfolio, upped its stake in Progressive Corp/The (NYSE:PGR) by 3.57 million shares to 5.25M shares, valued at $186.45M in 2016Q4, according to the filing. Marathon Management invested in 20,000 shares. 111 funds opened positions while 603 raised stakes. Fdx Advsr owns 40,640 shares. While the company's share hit the... [Full Article...]

Boeing wins $600m contract modification for future Air Force One aircraft design

Boeing wins $600m contract modification for future Air Force One aircraft design Bush's administration in 1990. The Air Force has awarded a $600 million contract to Boeing for "preliminary design efforts" on the new Air Force One planes, officials announced Wednesday. Boeing said in a statement that the contract represented a "great step forward on the next Air Force One ". The jets should be in use by 2024. The two planes that are to become part of the presidentia... [Full Article...]

Market Monitor: SuperTrend Line Below Share Price

The ATR is not used to measure price direction, just to measure volatility. The main objective in developing of this indicator was reducing the lag between the indicator and price action by making it fast-acting and more sensitive to market changes. [Full Article...]

USD/CAD - US Inflation Numbers Affect Loonie

USD/CAD - US Inflation Numbers Affect Loonie The dollar lost ground against a basket of major currencies on Thursday even though data that showed a faster-than-forecast increase in domestic consumer prices boosted generally depressed expectations for another US rate hike later this year. [Full Article...]

KPMG clears out South African bosses amid Gupta scandal

KPMG clears out South African bosses amid Gupta scandal KPMG has cleared out the management of its South Africa division, after the firm was implicated in the growing scandal surrounding businesses linked to the controversial billionaire Gupta family. Further, it found that management of "many" Gupta companies responded "misleadingly and inadequately to audit teams' enquiries". Gordhan added that if KPMG was truly remorseful it must provide equiva... [Full Article...]

Wall Street unmoved by soft retail sales

Wall Street unmoved by soft retail sales He noted that in the wake of hurricanes Harvey and Irma, it is still too early to tell what impact both major storms had on sales. Total sales for the three-month period between June and August rose 3.2% compared with a year ago. Excluding autos, an often volatile category, ? sales were up 0.2% last month; economists had expected a 0.5% gain. "Retail industry earnings and sales growth has been i... [Full Article...]

India's April-August trade deficit hits $64.14 billion

India's April-August trade deficit hits $64.14 billion The widening of the year-on-year deficit was primarily due to a larger increase in merchandise imports relative to exports, the RBI said in its release . The country's balance of payments for the quarter in question stood at $11.40 billion, up from $6.969 billion in the same period a year ago. While imports rose, some export-oriented sectors also slowed after India imposed its new goods and s... [Full Article...]

Chrome wages war on autoplay videos

Chrome wages war on autoplay videos The move has been made by Google in a bid to unify desktop and mobile web behaviour, adding more predictability across platforms and browsers. Site muting , the first one to debut this October, will let users disable audio playback completely and tweak some settings to their likely. [Full Article...]

Why Ghosn wants 14M annual vehicle sales from the Renault-Nissan alliance

Why Ghosn wants 14M annual vehicle sales from the Renault-Nissan alliance The projected sales target would take Renault-Nissan's annual revenues to around $240 billion. Speaking of technology, 40 vehicles will be introduced with different levels of autonomous driving capability . The increased synergy target of €10 billion by the end of the plan follows a 16 per cent rise in synergies in 2016 to €5 billion. This will be achieved partially by contributions from Mitsu... [Full Article...]

National Basketball Association competition committee proposes fines for resting players, change to lottery system

National Basketball Association competition committee proposes fines for resting players, change to lottery system The full scope of the proposal isn't known, but Woj has been able to tease out some details. The most significant change would be the three teams with the worst records sharing a 14 percent chance to win the lottery. 5 instead of the current floor of No. 4. The competition committee also recommended Silver's proposition to curb player resting during the regular season, according to Wojnarowsk... [Full Article...]

Top Chinese bitcoin exchange shuts down

Top Chinese bitcoin exchange shuts down For those who believe in Bitcoin's long-term success, sudden drops in value present a potential buying opportunity. The bitcoin stabled this week all over the world after plummeting sharply following decision of Beijing to bar initial coin contributions. [Full Article...]

Alphabet flirts with Lyft: Google parent may invest $1 billion

Alphabet flirts with Lyft: Google parent may invest $1 billion If you'll remember, Alphabet was an early Uber investor, which gets tricky when you realize that Waymo is now suing Uber over theft of trade secrets . With a billion dollars in its wallet, Lyft could take advantage of this and seriously increase its market share in the USA, expand overseas, and give Uber a run for its money. [Full Article...]

Anadarko Petroleum Corporation (NYSE:AEUA) Trading Volume Significantly Lower

Morgan Stanley (NYSE:MS) has risen 57.08% since September 14, 2016 and is uptrending. It has underperformed by 8.41% the S&P500. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the company. [Full Article...]

Unusual fake autonomous auto in Virginia: Revealed as Ford experiment

Unusual fake autonomous auto in Virginia: Revealed as Ford experiment But light signals for braking and turning are already standardised and universally understood, so a new set of light signals looked like the best basis for visual communication protocol for a self-driving vehicle to signal to humans (and other autonomous vehicles! ) whether it is operating in autonomous drive mode, beginning to yield or about to accelerate from a stop. [Full Article...]

Betsy DeVos Returning to IN on Friday

Betsy DeVos Returning to IN on Friday DeVos was present at a school assembly and went on a school tour, she even took to Twitter to show off some students playing the violin. At the Lincoln Public Schools Science Focus Program, also known as the Zoo School, DeVos met with dozens of students to learn about their experience in the program. [Full Article...]

Apple and Dell bid to acquire Toshiba's memory chip business

Apple and Dell bid to acquire Toshiba's memory chip business Apple spokesman Josh Rosenstock declined to comment. The Japanese manufacturer has been troubled by big losses at Westinghouse Electric, its U.S. nuclear unit, which filed for bankruptcy in March. The precise composition of the Bain group is still in flux and may change, the people said. " Toshiba's board of directors has determined to continue negotiations with the Bain-led consortium on the... [Full Article...]

Blue Bottle Coffee Sells Majority Stake To Nestle

Blue Bottle Coffee Sells Majority Stake To Nestle The company is also selling its US confectionery business, which includes brands like Baby Ruth and Butterfinger, as it seeks to transform itself into a "nutrition, health and wellness" company. Blue Bottle has about 40 cafes in New York, San Francisco and other big cities. It expects to have 55 locations by the end of 2017, up from 29 previous year. [Full Article...]

Colorado route selected for Hyperloop project

The next step is for Hyperloop One, CDOT and AECOM to form a public-private partnership to study the feasability of a Front Range hyperloop route from Cheyenne to Pueblo, CDOT said in an announcement today, adding that the study would cost between $500,000 and a million dollars - shared equally between CDOT and Hyperloop One. [Full Article...]

Brazilian meatpacking CEO Batista arrested

Brazilian meatpacking CEO Batista arrested The arrests of the Batista brothers have improved Temer's prospects of surviving the new charges and serving out his term through 2018. More broadly, a widespread bribery ring involving Brazilian politicians, the state-run oil company Petrobras and Brazil's largest construction company Odebrecht, helped plunge South America's largest nation into its worst recession on record. [Full Article...]

Google hit with gender pay lawsuit

Google hit with gender pay lawsuit One plaintiff, software engineer Kelly Ellis, worked at Google's Mountain View office from about May 2010 to July 2014, according to the complaint. All three women resigned after experiencing what they claim was discriminatory corporate practices. [Full Article...]


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