James Purefoy, who plays serial killer Joe Carroll on the Fox hit "The Following," says even the cast isn't quite sure how the first season of their television thriller will end. (March 28)
By Anjali Athavaley NEW YORK (Reuters) - Verizon Communications Inc said on Tuesday that it was introducing a cheaper unlimited mobile data plan with some limits as it tries to lure customers away from rival wireless carriers. "While entry-level pricing appears more competitive, the changes more likely reflect the impact current plans are having on Verizon's network," Mike McCormack, an analyst at Jefferies, said in a note. "The move also follows a trend of differentiating unlimited plans to manage congestion and monetize the network." Verizon has been competing for customers with smaller rivals T-Mobile US Inc and Sprint Corp in a saturated U.S. market for wireless service as most consumers already have cell phones.
Akamai Technologies Inc NASDAQ/NGS:AKAM Score: Neutral (46) 5 days at current score. Upgraded from Negative on August 18th 2017 View full report here! Summary This company ranked neutral compared to the Technology sector with only 1 positive
It’s well-known that online retail powerhouse Amazon (AMZN) is the big threat to traditional retailers from department stores to supermarkets and beyond. Walmart (WMT) by far is the sales leader in retail, generating $308 billion in US revenue in 2016. This doesn’t include any additional sales Walmart conducts for third-party sellers online.
How would you like to put in a little work once and then get a steady stream of income forever after? Sound too good to be true? It's not -- this type of arrangement is called "passive income" and is actually quite common. How passive income works Passive income is money that keeps coming in without your having to do any further work. Most types of passive income require you to either make a purchase or put in some work initially, but after that, you don't have to do anything further to keep getting paid. One familiar example of passive income is royalties for authors. An author who writes a popular book may still be selling copies decades later, and receiving royalties on those sales, without
Pratt & Whitney’s $10 billion bet on a new jet engine is faltering after a troubled rollout, and buyers are rushing to a General Electric Co. model instead. The GE turbine has won 10 times as many orders this year to power a narrow-body Airbus SE plane on which the two suppliers compete head to head. Pratt has signed just one buyer in that span to supply its geared turbofan engine for the aircraft, according to data provided to Bloomberg by Flight Ascend Consultancy. The figures paint a stark picture for Pratt and parent United Technologies Corp., which billed the so-called GTF as a technological breakthrough that was supposed to help reverse GE’s recent market dominance. Instead, weak demand
The stock market seemed to be under a great deal of pressure on Aug. 10. Simultaneously, a number of buy signals have occurred, including the VIX “spike peak” buy signal and the “VXST crossover” buy signal. The upward shift had left support at 2437 — the lows of last week.
A Los Angeles jury on Monday ordered Johnson & Johnson to pay a record $417 million to a hospitalized woman who claimed in a lawsuit that the talc in the company's iconic baby powder causes ovarian cancer when applied regularly for feminine hygiene. The verdict in the lawsuit brought by the California woman, Eva Echeverria, marks the largest sum awarded in a series of talcum powder lawsuit verdicts against Johnson & Johnson in courts around the U.S. Echeverria alleged Johnson & Johnson failed to adequately warn consumers about talcum powder's potential cancer risks.
Fast food chain McDonald's said on Monday it planned to shut all 169 of its restaurants in India's northern and eastern regions, escalating a dispute with its local partner and potentially putting thousands of workers out of jobs. The U.S. company said it was "compelled" to take the action because its partner Connaught Plaza Restaurants Pvt Ltd (CPRL) had breached the terms of their franchise agreements. Vikram Bakshi, managing director of CPRL, told Reuters the decision came as a "big shock" and the company was studying all its legal options.
Verizon is raising the price of its unlimited plan while introducing a slightly cheaper, more limited version as wireless carriers battle each other for customers. All major carriers now offer unlimited plans after years of steering people toward paying extra for using more data. Verizon, like its rivals, will start charging more for higher-quality video while hoping to attract cost-conscious customers with a cheaper plan.
Kimi Raikkonen will be racing for Ferrari again next season after the Italian Formula One team announced on Tuesday a contract extension with the Finn for 2018. The popular 2007 world champion, who will be 38 in October, would have been out of contract at the end of this year with plenty of rivals eyeing up his seat at the sport's most successful and glamorous team. Raikkonen has not won a race since he was at Lotus in 2013, and is currently fifth in a championship led by German team mate Sebastian Vettel, who has won four of the season's 11 races to date.
South Korea's top trade negotiator said Tuesday that Seoul will not discuss renegotiation of the free trade agreement with the U.S. without first looking into what is really causing the U.S. trade imbalance. Speaking after a video conference with U.S. trade representative Robert Lighthizer, South Korean Trade Minister Kim Hyung-chong said Seoul proposed a joint study with Washington to evaluate the impact of the 5-year-old bilateral trade deal and the cause of the U.S. trade deficit.
Former White House Press Secretary Dana Perino on President Trump and Senate Majority Leader Mitch McConnell’s relationship and Trump’s rally in Arizona.
Shares of Alibaba ( BABA) traded up 2.1% to $172.84 midday Tuesday after the Chinese e-commerce giant's stock was upgraded to "Overweight" from "Neutral" at Atlantic Equities. The firm hiked its price target on shares of Alibaba to $215 from $130, predicated on its ability to capture market share. Alibaba's first quarter earnings beat demonstrated the Internet giant "can leverage its scale, data and resource" to grow its market share as it pertains to e-commerce, Atlantic analyst James Cordwell wrote in a note obtained by StreetInsider. The company will also be able to drive continued ad revenue growth as it expands its e-commerce footprint, he added. Further, the stock's valuation is "reasonable"
If Digitimes’ prediction plays out, Huawei will surpass Apple Inc. (NASDAQ:AAPL) in smartphone shipments in the third quarter. Apple fans need not worry: iPhones are still the most profitable devices, especially when compared to Android devices. Digitimes thinks that Huawei will ship more phones than Apple in the third quarter, building on its achievement made in the second quarter.
Home Depot (HD) and Lowe’s (LOW) have both been beneficiaries of the improving housing market. Home Depot has catered more aggressively to what’s known as the professional customer, which includes remodelers, general contractors and small business owners. In fact, 40% of Home Depot’s sales come from this customer category, which tends to spend more, take more trips to the store and conduct bigger projects.
It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed: Procter & Gamble (NYSE: PG): "No one ever got hurt buying Procter & Gamble's stock, and we've got a Battle Royale
Imagine having a portfolio of stocks that consistently paid dividend yields of more than 5%. That kind of return trounces what most bonds are paying now. And a 5% or greater yield represents over half of the average long-term total return of the S&P 500. The good news is that you don't have to use your imagination. There are quite a few stocks that you can buy right now with dividends yielding more than 5%. Here's why Health Care Property Investors (NYSE:HCP), AT&T (NYSE:T), W. P. Carey (NYSE:WPC), Seagate Technology (NASDAQ:STX), and Omega Healthcare Investors (NYSE:OHI) especially stand out. Health Care Property Investors As you might guess from its name, Health Care Property Investors (HCP)
Wells Fargo (NYSE: WFC) CEO Timothy Sloan said Tuesday that forthcoming results from the bank's review of its consumer sales scandal could cause more negative attention. "The results of our reviews will generate news headlines, but even as we face this renewed coverage, the best thing we can do is stay focused on fixing problems, making things right for customers, and building a better, stronger Wells Fargo," Sloan said in a company-wide message that was shared in a press release. Sloan also said that "within a few weeks" the bank will announce the completion of an expanded review by a third party of the fake consumer accounts workers had opened.
Wall Street rarely talks about its mistakes, but Deutsche Bank admitted it overestimated the Amazon (NASDAQ: AMZN) Web Services threat to VMware's (NYSE: VMW) business. The firm raised its rating for VMware shares on Monday to buy from hold, saying the company's server virtualization software can continue to thrive in a cloud-computing world.
Chicago-based Boeing (NYSE: BA) has operations around the country. Here are other recent stories reported by The Business Journals. EXCLUSIVE: Boeing exec who led supplier price-cutting effort moves to Chicago to head up M&A The Seattle-area Boeing Commercial Airplanes executive who led the company's efforts to press suppliers for lower prices has quietly moved to a new corporate job at Boeing. ( Puget Sound Business Journal) Subscriber content Air Force awards Boeing $349 million missile contract The U.S. Air Force has awarded Boeing Co. a $349 million contract for work on the nation's next intercontinental ballistic missile. ( St. Louis Business Journal) House speaker Paul Ryan will visit Boeing's
A wealthy family with homes around the world is looking for an experienced nanny in London. "We are looking for a highly qualified nanny who has a degree in child psychology, no children of their own and a minimum of 15 years of nannying experience," the mother of the family wrote in an ad on Childcare.co.uk. The ideal candidate should be trained in self-defense, but the parents will pay for the successful candidate to receive training if they aren't martial arts experts already.
Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field. U.S. crude inventories were expected to have fallen for an eighth straight week and dropped 3.4 million barrels last week, a Reuters poll showed, ahead of weekly data. Sharara, which has been pumping up to 280,000 barrels per day (bpd) in recent weeks, has been affected by repeated shutdowns because of protests by armed groups and oil workers.
Few companies look as decisively bad as Rite Aid Corporation (NYSE:RAD), and yet maintain a dichotomous consensus. The most obvious gut reaction to RAD stock is to jump ship. Despite its horrendous hemorrhaging in the markets, people are still buying Rite Aid shares.
Aug.21 -- J.W. Mason, City University of New York assistant professor of economics, explains why the Federal Reserve shouldn't raise rates right now. He speaks with Bloomberg's Joe Weisenthal, Lisa Abramowicz and Julie Hyman on "What'd You Miss?"