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Albertsons Buyout Buzz Shocks Rite Aid Shorts

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Rite Aid Chairman and Chief Executive John Standley will lead the combined company, with Albertsons Chairman and CEO Bob Miller serving as chairman. Depending on the outcome of the tender offer, Rite Aid is expected to own a 28 percent to 29.6 percent stake in the combined company, while Albertsons' shareholders will own a 70.4 percent to 72.0 percent stake, the companies said in a statement . Read More »

HSBC Falls as Earnings Miss in Last Results Under Gulliver

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Europe's largest bank HSBC ( HSBA ) is down 3.5% to 734.1p as results reveal profit and revenue came in below analysts' expectations for its final quarter of 2017. The lender declared a fourth interim dividend of HK$3.10 per share, bringing total distribution for 2017 to HK$6.70 per share, higher than the HK$6.10 a share it paid out in 2016. Read More »

Lucky Charms add first new marshmallow in a decade

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The new unicorns will replace yellow and orange hourglass marshmallows. "Our goal is to not only create a cereal that families and cereal fans will love and enjoy, but to inspire magical possibilities and help spark imagination and fun no matter what the age", Lucky Charms marketing manager Josh DeWitt said in release. Read More »

Walmart tumbles after online sales growth slows (WMT)

The stock increased 4.13% or $0.21 during the last trading session, reaching $5.3. The company's outstanding shares are 612.61 Million. Walmart Inc. Its the same as in 2017Q2. Those efforts have cost the retailer billions in recent years, but Walmart has assured investors of the payoff. Ubs Asset Mgmt Americas holds 0.88% or 9.21 million shares in its portfolio. Read More »

PNB says it will honour all "bonafide commitments"

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Earlier in the day, Central Vigilance Commissioner K V Chowdary met senior officials of Punjab and National Bank (PNB) and the Finance Ministry in connection with the Rs 11,400 crore fraud case, allegedly involving billionaire Nirav Modi and others, being probed by the CBI. Read More »

Oil Price Stabilises As Brent Crude Gains At $65.30 Per Barrel

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The outlook for USA oil production in both 2018 and 2019 is " phenomenal ", Deputy Energy Secretary Dan Brouillette said in an interview in London. The Brent variety was moving in the red zone because of the rise in the United States dollar, which also affects demand, making commodities denominated in dollars more expensive for countries using other currencies. Read More »

New VW ID VIZZION concept teased in new sketches

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The fourth ID auto from VW will be at the 2018 Geneva motor show , hopefully in more than just sketch form. So far, the company has released just one teaser image of the vehicle. A 111kWh lithium-ion battery pack provides a range of up to 413 miles, combined with the effect of the car's regenerative braking. Based on its intelligent management, the two electric motors cooperate with maximum efficiency and drive all four wheels of the saloon. Read More »

Police seeking Uber and Lyft driver missing for a week

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Kevin Young, a friend of Thiede's, said he did not frequent the neighborhood where his Nissan was found other than to pick up and drop off passengers. "And then the bloodhound walked around a bit", said witness Ross Stracke. "It's nearly a week tomorrow that he's been missing and there are so many pieces of the puzzle that just don't make any sense", friend Kevin Young told CBS2's Greg Mills. Read More »

Age-old IRS scam gets new twist

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Erb said the IRS just detected the scam around February 1, after a few hundred complaints from taxpayers. This week, the agency issued a second notice to tax preparers, urging them to notify law enforcement and their clients as soon as they discover a data breach. Read More »

Elon Musk's NY-DC Hyperloop just took a step towards reality

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The local government in Washington DC has given Musk and The Boring Company an early permit to begin some excavation work in an abandoned lot in the city's NoMa neighborhood. Last year, Musk prematurely shared the plans for The Boring Company to begin the underground project. Elon Musk has been known to have the occasional wild idea. Read More »

McDonald's moves cheeseburgers off Happy Meal menu in US

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Most recently, it swapped out its apple juice for one that has less sugar. So it's easy to see why the scramble among fast-food retailers, to attract that family dollar, is fierce. They also outlined that there has been an increased choice of Happy Meal combinations, including offering low-fat Irish milk and mineral water as alternatives to the fizzy drink included with the meal. Read More »

Special software may have helped Daimler violate US emissions standards, report says

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The report included several references to documents from U.S. investigators, though none of the English-language translations state which agency these investigators or documents are from. Daimler reportedly developed software with several functions to be able to trick U.S. regulators. It has said investigations could lead to significant penalties and recalls. Read More »

Northam on GOP health care proposal in budget amendment

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Similarly, the proposed Senate budget includes $5 million in additional funding split among 39 school districts with declining enrollment. The House budget would use Medicaid savings to fund a host of other programs, including pay raises for teachers and other state employees; setting aside $247 million for a state reserve fund; and financing $350 million to deepen channels in the port in the Norfolk area. Read More »

Flood warnings ongoing along the Ohio River in West Virginia

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The wall protects the city to a river stage of 79 feet. The river at Parkersburg was almost four feet above flood stage and expected to fall below flood stage by Monday morning. "Several homes will be flooded and several roads, as well", he said. Following minor flooding on the Ohio River on Saturday, meteorologists expect water levels to drop before another weather system moves through the region later this week. Read More »

Deadline to return old paper £10 notes fast approaching

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That means that any old £10 notes you have around your house will be unable to be used in shops from March 1. According to the latest figures, the value of paper £10 notes in circulation is around £2.182 billion - the equivalent of around 218 million paper £10 notes. Read More »

Virgin set to build hyperloop between Pune and Mumbai

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The state of Maharashtra has made a strong commitment to building the first hyperloop route in India . The Indian State of Maharashtra has announced their intent to build a Virgin Hyperloop between Pune and Mumbai, beginning with an operational demonstration track. Read More »

Girl Scouts sell cookies in front of dispensary in Lakewood

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All. sales sites are subject to approval. Parents or guardians make all decisions regarding participation in council Booth Sales or My Sales. Visit the Girl Scouts website, www.girlscoutsofcolorado.org, to find out where you can get your hands on some of those delicious treats! No, the popular marijuana strain formerly known as "Girl Scout Cookies" isn't returning to its trademark infringing roots. Read More »

Energy Transfer Partners LP (ETP) Stake Lessened by Barnett & Company Inc

Cerebellum GP LLC purchased a new stake in shares of Energy Transfer Partners in the 4th quarter worth about $127,000. The returns on investment very popular metric among passive investors, it stands at 4.30%, when it lies in positive figure than security is feasible for investment or goes for higher ROI stocks. Read More »

Riley Analysts Give Snap-on (NYSE:SNA) a $205.00 Price Target

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Livforsakringsbolaget Skandia Omsesidigt who had been investing in Snap for a number of months, seems to be bullish on the $9.17B market cap company. Canada Pension Plan Investment Board accumulated 5,914 shares. Cornerstone Capital Hldgs Limited Liability Corporation owns 9,813 shares or 0.01% of their United States portfolio. Read More »

KFC closed after running out of chicken

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The chicken chain is still looking into how many venues are affected but customers have reported multiple closures across the United Kingdom, including Newcastle, Suffolk, Surrey and Berkshire. "We won't compromise on quality, so several of our restaurants in the United Kingdom are either closed, have a reduced menu, or shortened hours over the weekend". Read More »

Arbor Realty Trust, Inc. (ABR) Analysts See $0.20 EPS

The stock increased 0.66% or $0.12 during the last trading session, reaching $18.38. About 2.25M shares traded or 52.21% up from the average. (NYSE:DLR) has risen 23.90% since February 18, 2017 and is uptrending. (NYSE:EDR) has declined 7.19% since February 18, 2017 and is downtrending. Putnam Invests Ltd Liability Company has 0.04% invested in The Southern Company (NYSE:SO). Read More »

Fidelity MSCI Health Care Index ETF (FHLC) Stake Increased by Vicus Capital

Cadinha & Co. LLC boosted its position in iShares MSCI Canada Index by 15.2% during the 4th quarter. The exchange traded fund has 3.54 billion net assets and 1.12% volatility this month. Brighton Jones LLC owned about 0.11% of iShares MSCI EAFE Small-Cap ETF worth $11,273,000 at the end of the most recent quarter. Finally, Harvest Fund Management Co. Read More »

PNB fraud: CBI arrests three including two PNB officials

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From 2002, Anita Singhvi is one of the shareholders. "The Council is ready to assist and support all investigating agencies in all possible ways to reach the right conclusion and punish the guilty", he said. "And what was he doing about it?" he asked. Meanwhile, PNB has suspended eight more officials, including one at general manager level, for their suspected involvement in the multi-crore scam, PTI report citing a senior government official said. Read More »

International Business Machines Corporation (IBM), Qorvo, Inc. (QRVO)

It has underperformed by 11.84% the S&P500. (FB) by 25% based on its latest 2017Q3 regulatory filing with the SEC. Goodnow Investment Group Llc bought 308,450 shares as the company's stock declined 9.32% while stock markets rallied. Truepoint Inc owns 499,003 shares or 0.05% of their U.S. portfolio. Halsey Assocs Ct reported 16,106 shares. Mai Cap Mngmt has invested 0.49% in MetLife, Inc. Read More »

Need a job? Home Depot and Lowe's are hiring 130000 seasonal employees!

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Among 36 analysts covering CBS Corp ( NYSE:CBS ), 27 have Buy rating, 0 Sell and 9 Hold. A number of brokerages have weighed in on HD. Stifel Nicolaus maintained it with "Buy" rating and $230.0 target in Wednesday, January 24 report. In case of Revenue Estimates, 26 analysts have provided their consensus Average Revenue Estimates for The Home Depot, Inc.as 23.65 Billion. Shares of Home Depot are up 30% over the past 12 months, compared with a 4.3% increase in the SPDR S&P retail ... Read More »

Analyst Stock Recommendations For Cisco Systems, Inc. (CSCO), Yandex NV (YNDX)

Wespac Advisors Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $195.42 billion market cap company. After $0.55 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth. Among 38 analysts covering Cisco Systems Inc. Read More »

Paris Hilton releases a new song dedicated to her fiancé

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I Need You feels like it was ripped straight from the soundtrack of Grease, worlds away from the dance bangers she's served up in the past. Other social media posts show Aunt Paris bonding with Lily-Grace over their mutual love for all things pink, as well as Hilton prepping the 1-year-old for her big sister duties ahead of Teddy's arrival. Read More »

Choosing Between Hot Stocks: Newell Brands Inc. (NWL), Range Resources Corporation (RRC)

The firm has "Hold" rating by KeyBanc Capital Markets given on Monday, November 13. On Tuesday, February 2 the stock rating was downgraded by Suntrust Robinson to "Reduce". FBR Capital maintained Carter's, Inc. CNX Resources declared that its board has approved a stock buyback program on Tuesday, October 31st that authorizes the company to repurchase $369.00 million in shares. Read More »