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David Price's 'Fortnite' obsession may or may not be behind his carpal tunnel issue

Boston Red Sox pitcher David Price has a mild case of carpal tunnel, that may or may not be cause by his addiction to "Fortnite."

  • The Khashoggi disappearance hangs heavily over a $2 trillion deal that the London Stock Exchange is hoping to close (LSE)
    World
    Business Insider

    The Khashoggi disappearance hangs heavily over a $2 trillion deal that the London Stock Exchange is hoping to close (LSE)

    The CEO of the London Stock Exchange has been courting the Saudi Kingdom to lure the IPO of Saudi Aramco, the country's state-run oil company. Unfortunately, London really needs a deal of that size to shore up its post-Brexit reputation. The Saudis say they want to place their IPO in 2020 or early 2021.

  • Kinder Morgan Beats Q3 Earnings Estimates, Improves Leverage
    Finance
    Market Realist

    Kinder Morgan Beats Q3 Earnings Estimates, Improves Leverage

    Kinder Morgan Beats Q3 Earnings Estimates, Improves Leverage Kinder Morgan’s third-quarter results Kinder Morgan (KMI) announced its third-quarter results on October 17 after the markets closed. The company announced an adjusted EPS of $0.21—up ~40%

  • Steel Dynamics (STLD) Surpasses Q3 Earnings and Revenue Estimates
    Business
    Zacks

    Steel Dynamics (STLD) Surpasses Q3 Earnings and Revenue Estimates

    Steel Dynamics (STLD) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.65 per share. This quarterly report represents an earnings surprise of 2.42%. Steel Dynamics, which belongs to the Zacks Steel - Producers industry, posted revenues of $3.22 billion for the quarter ended September 2018, surpassing the Zacks Consensus Estimate by 1.84%.

  • Halliburton’s Mean Target Price Has Fallen
    Finance
    Market Realist

    Halliburton’s Mean Target Price Has Fallen

    Halliburton (HAL) has seen quite a few target price revisions in October. On October 12, Société Générale cut its rating for Halliburton from “buy” to “hold.” On October 10, Barclays cut its target price for Halliburton from $60 to $52. On October 8, HSBC cut its target price for the stock from $56 to $51.

  • Philip Morris quartetly results top estimates
    Business
    Reuters

    Philip Morris quartetly results top estimates

    LONDON (Reuters) - Philip Morris International (PM.N), maker of Marlboro cigarettes among others, reported higher than expected quarterly sales and profit on Thursday, helped by its IQOS tobacco-heating device. The company reported third

  • Alipay Hacking Comes at Sensitive Moment for Alibaba
    Finance
    Market Realist

    Alipay Hacking Comes at Sensitive Moment for Alibaba

    Hackers broke into the accounts of Alipay users and made off with an unknown amount of cash, according to Bloomberg. The hackers used stolen Apple identities to carry out the theft. Tencent (TCEHY) also reported theft of funds from its mobile payment app WePay, also called WeChat Pay, where stolen Apple identities were involved.

  • Employee Accused of Urinating on Production Line at Food Processing Facility
    Business
    WTKR - Norfolk

    Employee Accused of Urinating on Production Line at Food Processing Facility

    Smithfield Foods, Inc. said in a statement Tuesday that it disposed of more than 50,000 pounds of product after reports of an employee urinating at his station at the company’s processing facility in Virginia.

  • Business
    Barrons.com

    The Black Hole Inside General Electric

    RBC Capital Markets, Wolfe Research, and (BCS) all upgraded the shares this month after Larry Culp was named to replace John Flannery at the helm. Today, the Financial Times reported that GE Power was going to win a contract in Iraq over rival (SIE) (SIEGY). Wolfe analyst Nigel Coe wrote that could help turn investor sentiment on GE, noting that the struggles in GE Power are what drives most of the negative feelings toward the stock.

  • Blackstone third-quarter profit beats estimates amid market rise
    Business
    Reuters

    Blackstone third-quarter profit beats estimates amid market rise

    By Joshua Franklin NEW YORK (Reuters) - Blackstone Group LP (BX.N), the world's largest manager of alternative assets, modestly exceeded analyst expectations with an 11 percent jump in third-quarter earnings on Thursday, as climbing equity

  • 'It's Not a Republican Problem.' Mitch McConnell Blames Entitlements for Rising U.S. Deficits
    Politics
    Fortune

    'It's Not a Republican Problem.' Mitch McConnell Blames Entitlements for Rising U.S. Deficits

    Senate Majority Leader Mitch McConnell on Tuesday blamed rising federal deficits and debt on a bipartisan unwillingness to contain spending on Medicare, Medicaid and Social Security, and said he sees little chance of a major deficit reduction deal while Republicans control Congress and the White House. “It’s disappointing but it’s not a Republican problem,” McConnell said in an interview with Bloomberg News when asked about the rising deficits and debt.

  • Nokia in Q3 2018: Why Analysts Are Estimating Lower
    Finance
    Market Realist

    Nokia in Q3 2018: Why Analysts Are Estimating Lower

    Nokia (NOK) is expected to announce its third-quarter earnings on October 25. Analysts expect revenue of $6.4 billion compared to $6.46 billion in Q3 2017, indicating a year-over-year decline of 1%. Revenues for Ericsson (ERIC) and Juniper Networks (JNPR) are expected to fall 4.2% and 6.5%, respectively, in their current quarters.

  • Business
    CNBC

    Walmart saves $200 million by changing its light bulbs and $20 million with a new floor wax

    Walmart says switching to LED lights in its parking lots cut its annual energy costs by $200 million. A change in the floor wax it uses cut costs by $20 million a year because the floors need to be buffed less often. It's exactly what Walmart WMT is doing.

  • This Oil Stock Just Got the Green Light to Capture a $1.7-Billion-a-Year Prize
    Business
    Motley Fool

    This Oil Stock Just Got the Green Light to Capture a $1.7-Billion-a-Year Prize

    The company plans to invest $1.5 billion on the project, which could produce up to 40,000 barrels of oil per day (BPD) when it comes on line in 2021. It's one of several developments in the state that ConocoPhillips hopes to undertake in the coming years to futher tap Alaska's oil riches. ConocoPhillips first filed permits for GMT2 in 2015, which it plans to connect to its Greater Mooses Tooth 1 (GMT1) project by an 8.6-mile pipeline.

  • Business
    Reuters

    Novartis raises 2018 sales outlook as Entresto, Cosentyx accelerate

    By John Miller ZURICH (Reuters) - Swiss drugmaker Novartis (NOVN.S) raised its full-year sales outlook, citing growing revenue from its Cosentyx psoriasis and arthritis drug as well as the performance of its heart failure medicine Entresto

  • Campbell heirs to vote for own board, Third Point calls move a 'stunt'
    Business
    Reuters

    Campbell heirs to vote for own board, Third Point calls move a 'stunt'

    Campbell Soup Co said on Wednesday that four key shareholders, all descendants of the company's former chairman John Dorrance, have formally aligned themselves against hedge fund Third Point LLC's plans to oust the embattled soupmaker's entire board. Third Point, which owns 7 percent of Campbell's stock, fired back hours later, accusing the heirs of trying to frighten smaller shareholders by suggesting that the outcome of a vote next month has been decided before it even takes place. Campbell said Bennett Dorrance, Mary Alice Malone, Archbold van Beuren, Charlotte Weber and some other family members - who own a combined 41 percent stake in the company - plan to vote in favor of its existing board at a shareholder's meeting on Nov. 29.

  • Why American Airlines Group Stock Jumped 6% -- Then Gave Most of It Back
    Business
    Motley Fool

    Why American Airlines Group Stock Jumped 6% -- Then Gave Most of It Back

    Shares of American Airlines Group (NASDAQ: AAL) popped 6.4% in early trading Wednesday before retracting to close the day up less than 1% -- just 0.9%, to be precise. An upgrade assigned to the stock by Deutsche Bank appears to be the primary reason for the move. A Deutsche Bank analyst upgraded American Airlines stock from "hold" to "buy" on Wednesday, as we're told by our friends at StreetInsider.com.

  • At Facebook, public funds join push to remove Zuckerberg as chairman
    Business
    Reuters

    At Facebook, public funds join push to remove Zuckerberg as chairman

    State treasurers from Illinois, Rhode Island and Pennsylvania, and New York City Comptroller Scott Stringer, co-filed the proposal. A similar shareholder proposal seeking an independent chair was defeated in 2017 at Facebook, where Zuckerberg's majority control makes outsider resolutions effectively symbolic.

  • Trump: Stormy Daniels, Michael Avenatti must pay my legal fees
    Politics
    Fox Business Videos

    Trump: Stormy Daniels, Michael Avenatti must pay my legal fees

    President Trump says he expects Stormy Daniels and her lawyer, Michael Avenatti, to abide by a judge’s ruling to pay his legal fees. The full interview will air on "Trish Regan Primetime" at 8 p.m. ET on the FOX Business Network.

  • A former GE exec who trained new managers found that almost all of them were making the same mistake
    Business
    Business Insider

    A former GE exec who trained new managers found that almost all of them were making the same mistake

    Beth Comstock is the former vice chair of General Electric. Comstock would hand out "permission slips" authorizing employees to take risks — but she also said it's important for people to stop hiding behind their excuses. Beth Comstock doesn't tolerate excuses.

  • Why Winnebago Stock Surged 17% -- Then Gave Most of It Back
    Business
    Motley Fool

    Why Winnebago Stock Surged 17% -- Then Gave Most of It Back

    Shares of RV-maker Winnebago Industries (NYSE: WGO) leapt 17.6% in early trading after the company reported earnings Wednesday, before retreating to a more recent price up just 5% from yesterday's close. For its fiscal fourth quarter of 2018, Winnebago reported $0.94 per share in earnings, exceeding expectations for $0.86, on sales of $536.2 million. Motorhome sales slowed, but towables were a bright spot for Winnebago in Q4.

  • Finance
    InvestorPlace

    Pfizer Layoffs: Company to Offer Early Retirement Deals Ahead of Cuts

    A new round of Pfizer layoffs (NYSE:PFE) has been announced by the pharmaceutical giant as the company is seeking to offer early retirement deals to some of its workers before gearing itself to carry out jobs cuts this year. “As we prepare for growth we are creating a simpler more efficient structure which will affect some managerial roles and responsibilities.

  • Netflix is ditching freeloaders from subscriber forecasts after volatile stock moves
    News
    MarketWatch

    Netflix is ditching freeloaders from subscriber forecasts after volatile stock moves

    After two consecutive off-the-mark quarters, falling short of its own forecasts for subscriber growth, Netflix Inc. hopes to put an end to the big swings in its stock price with some changes to its accounting. In kicking off tech’s earnings season Tuesday, Netflix (NFLX)reported better-than-expected subscriber growth in the quarter, leading to an 11% jump in its shares in after-hours trading. Three months ago, Netflix reported weaker-than-expected subscriber growth, sending its stock tumbling about 12% in the next trading day.

  • Bernie Sanders, Elizabeth Warren question Jeff Bezos about Whole Foods' seemingly anti-union stance
    Finance
    American City Business Journals

    Bernie Sanders, Elizabeth Warren question Jeff Bezos about Whole Foods' seemingly anti-union stance

    Sens. Elizabeth Warren and Bernie Sanders are pressing Amazon.com Inc. CEO Jeff Bezos to hand over an anti-union video allegedly sent to Whole Foods Market Inc. employees. Warren, D-Mass., and Sanders, I-Vt., wrote in a letter sent Wednesday that the video could have violated labor laws if employees were warned that stores could close as a result of unionization.

  • Intel restructures manufacturing organization
    Finance
    American City Business Journals

    Intel restructures manufacturing organization

    Chip giant Intel is restructuring its technology and manufacturing business group as it chases more connected device markets and grapples with delays on its next chip generation. In a memo to employees, reviewed by the Business Journal, Group President and Chief Engineering Officer Murthy Renduchintala described splitting the technology and manufacturing business into three groups. The three new groups are technology development, manufacturing and operations and global supply chain.

  • Don't Fall Into These 2 Yield Traps: This Stock Is a Better Buy
    Business
    Motley Fool

    Don't Fall Into These 2 Yield Traps: This Stock Is a Better Buy

    For example, USA Compression Partners LP (NYSE: USAC) and CSI Compressco LP (NASDAQ: CCLP) offer investors yields of 12% and 13%, respectively, but they provide a niche service, and results can be volatile. Leverage can be great when things are going well, but can cause problems when times are tough.