• Ford targets higher margins faster, to drop unpopular cars
Ford targets higher margins faster, to drop unpopular cars

Ford has announced that, in the USA, it plans to cull its existing base of passenger cars down to just two vehicles - the Mustang , and the Focus Active . Shanks wouldn't say if employees would be cut but said nothing is off the table. Ford Motor Co (F.N) on Wednesday outlined a plan to cut costs and boost profit margins at a faster pace than...

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  • Crude Oil Rebounds Despite Iran Jitters
Crude Oil Rebounds Despite Iran Jitters

Crude oil prices climbed as high as $75.20 a barrel, the highest since November 27, 2014. West Texas Intermediate, the USA benchmark for the price of oil, was down 1.4 percent to $67.47 per barrel. The bearish narrative focused on US shale supplies, which are easily brought to market, even though shale oil well production can decline swiftly. He ...

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  • US Stocks Plunge on Rising Bond Yields
US Stocks Plunge on Rising Bond Yields

Alphabet fell 4.8 percent after reporting a spike in spending. The Dow Jones industrial average closed 424 points lower, a 1.74 percent drop, after falling more than 600 points by midday Tuesday. That helped smaller company stocks, which rose early on and later took smaller losses than their larger peers. The yield on 10-year Treasury bond...

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  • Taxpayers 'won't foot bill' if €13bn Apple tax fund falls in value
Taxpayers 'won't foot bill' if €13bn Apple tax fund falls in value

In a step towards complying with a European Commission order to pay back taxes to the Irish government, Apple has agreed to transfer roughly €13 billion ($16 billion) into a Dublin escrow account. However, the country has stalled the efforts to move the collection process forward, perhaps to avoid souring their relationship with Apple. The pr...

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  • Takeda puts forward new bid for Shire
Takeda puts forward new bid for Shire

The Massachusetts drugmaker did not disclose the value of Takeda's latest offer. Takeda was unavailable for comment. But Takeda's tilt has concerned some analysts who have raised warnings about the large amount of debt the smaller Japanese company would be taking on.

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  • U.S. stocks tumble, erasing an early gain; bond yields climb
U.S. stocks tumble, erasing an early gain; bond yields climb

Investment-grade and high-yield corporate bonds are also now negative on the year, and the rise in Treasury yields appeared to be rippling through emerging markets, as investors eye shifting money into safer USA debt. Besides that, financial markets will take into account where the core US inflation rate is headed for. But others argue that T...

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  • 12-year-old boy steals mother's credit card, takes trip to Bali
12-year-old boy steals mother's credit card, takes trip to Bali

The boy, given the pseudonym Drew by A Current Affair , was told he couldn't go to Bali by his mother but managed to book himself flights (researching an airline that allowed 12-year-olds to fly unaccompanied) and a hotel room, and to depart the country unimpeded.

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  • $500 Free-Apple Fine Issued After Woman Saves Fruit Served on Flight
$500 Free-Apple Fine Issued After Woman Saves Fruit Served on Flight

Customs officers and border guards, the United States does not comment on the situation, but said that all agricultural products must be declared, writes the BBC. She told Fox that it's unfortunate she was " treated like a criminal over a piece of fruit". Tadlock says either the airline should not have given out fruit, or it should have wa...

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  • Video shows passenger tased, removed from flight in Miami
Video shows passenger tased, removed from flight in Miami

As you can see from the footage recorded by a fellow passenger-confirmed by American Airlines to capture the incident in question-Garcia is staring at the camera while asking, "What is the reason you are removing me from this plane?" The taser doesn't appear to affect Garcia - at first - who calls the officer "a baby" and tried to grab the devi...

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  • Indian shares end higher; TCS lifts tech stocks
Indian shares end higher; TCS lifts tech stocks

It had touched the $25-billion mark in 2010 and $75-billion mark in 2014. At 11.25 am, the company's shares were up 2.7% since Friday's close, to reach Rs 3,494.95. TCS's contribution to the Tata Group can be gauged from the fact that excluding IT bellweather, Tata group companies' m-cap is down nearly 6 per cent since the turn of 2018.

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  • Sears biggest shareholder says 'sell Kenmore brand'
Sears biggest shareholder says 'sell Kenmore brand'

The proposal offers to buy Sears' real estate, which includes the associated $1.2 billion debt, could allow ESL to lease some or all of the stores back to the company to allow their continued functioning. Lampert said he won't negotiate this deal on behalf of Sears to avoid a conflict of interest. Now CEO and chairman of the company, Lampert's of...

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  • Google owner reports sales and profits that top analysts' estimates
Google owner reports sales and profits that top analysts' estimates

The first quarter profit included one-time gains of $3 billion on its equity investments, believed to have come mainly from a rise in the value of its stake in leading smartphone-summoned ride service Uber. Other bets did have an operating loss of $571 million, down from $703 million. The new law could affect the revenue of Alphabet that alrea...

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  • Yankees Cruise to 5-1 Win in Gleyber Torres' Hitless MLB Debut
Yankees Cruise to 5-1 Win in Gleyber Torres' Hitless MLB Debut

Torres was batting. 370 with 11 RBIs in 13 games with Triple-A Scranton/Wilkes-Barre in the International League after competing for the starting second base job in spring training. "I think weather has something to do with it", Gregorius said, referencing the chilly temperatures that had been following the Yankees all season. "Plus, he knows he's ...

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  • Intertek Group plc (LON:ITRK) Ratings Summary as of April 23, 2018
Intertek Group plc (LON:ITRK) Ratings Summary as of April 23, 2018

Facebook Inc now has $479.90B valuation. The stock increased 0.78% or $0.25 during the last trading session, reaching $32.39. TRMK's SI was 2.51M shares in April as released by FINRA. The company has market cap of 233.76 million GBP. It also provides mortgage banking services, including construction financing, production of conventional and gover...

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  • Amazon working on its next digital revolution: Robots for your home
Amazon working on its next digital revolution: Robots for your home

The division is now advertising dozens of opening with titles such as "Software Engineer, Robotics" and "Principle Sensors Engineer". It's not entirely clear what a robot would do, but those who spoke to Bloomberg speculated it could be Alexa on wheels, allowing people to bring Amazon's voice assistant with them around the home.

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  • Brandywine Realty Trust (BDN) Stock Rating Upgraded by Zacks Investment Research
Brandywine Realty Trust (BDN) Stock Rating Upgraded by Zacks Investment Research

Schroder Investment Management Group bought a new position in Brandywine Realty Trust in the 3rd quarter worth approximately $383,000. Envestnet Asset Management Inc. The stock of Netflix, Inc. On Monday, March 26 the rating was maintained by BMO Capital Markets with "Buy". On Friday, February 9 the firm has "Buy" rating given by Robert W.

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  • Wall Street Analyst's Guidance: Philip Morris International, Inc. (PM), 3M Company (MMM)
Wall Street Analyst's Guidance: Philip Morris International, Inc. (PM), 3M Company (MMM)

It has underperformed by 25.48% the S&P500. (BMI) by 2.29% based on its latest 2017Q4 regulatory filing with the SEC. US stocks are moving lower in midday trading, weighed down by losses in technology and consumer products companies. The company reported $1.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus esti...

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  • United States orders emergency inspection of engines used by Arik, Air Peace
United States orders emergency inspection of engines used by Arik, Air Peace

According to the FAA, CFM International expects the directive to affect 352 engines in the USA and 681 engines worldwide. The inspection requirement applies to CFM56-7B, one of the world's most popular engines by engine maker CFM. A time of 20 days have been provided for the entire inspection process. Other passengers pulled her back in and t...

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  • Renishaw plc (LON:RSW) Weekly Ratings as of April 21, 2018
Renishaw plc (LON:RSW) Weekly Ratings as of April 21, 2018

Barclays Capital maintained the stock with "Overweight" rating in Friday, February 5 report. The stock of HSBC Holdings plc (LON:HSBA) has "Hold" rating given on Monday, April 4 by Deutsche Bank. The stock increased 0.19% or GBX 1 during the last trading session, reaching GBX 530. About 419,787 shares traded. Listed here are Bloomsbury Publishing p...

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  • Sunny Skies on Friday
Sunny Skies on Friday

Forecasters said Tuesday night will be mostly cloudy with a chance of rain and a low around 44 degrees. Sunday: Clearing. Sunny. pleasant and dry. Today - Sunny, with a high near 47. Monday and Tuesday will also be sunny, the weather service said. A storm system will stall out across the area, bringing mostly cloudy skies and scattered...

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