Finance

Parent company of Winn-Dixie, Harveys pre-filing for Chapter 11 bankruptcy

Parent company of Winn-Dixie, Harveys pre-filing for Chapter 11 bankruptcy W. "This course of action enables us to continue writing the story for our company and our iconic, heritage banners in the Southeast", CEO Anthony Hucker said in a written statement . East in Bradenton and 3 locations in Sarasota; 17th Street, South Tamiami Trail and Clark Road. The Tamarac supermarket was one of three full-service kosher stores in South Florida. [Full Article...]

Walmart expands grocery delivery to 100 cities nationwide

Walmart expands grocery delivery to 100 cities nationwide The expanded service allows the Bentonville, Arkansas based retailer to get its store shoppers to transact with the company online, where they spend twice as much. If placed by 1 p.m., orders will be ready within three to four hours, according to USA Today . Walmart's dive into online grocery delivery continues its push to become a bigger player in e-commerce and take on Amazon . [Full Article...]

Twitch Prime Adding Free Games Service

Twitch Prime Adding Free Games Service Starting with Shadow Tactics , and strategy-RPG Tales from Candlekeep: Tomb of Annihilation . Shifty are also in the pipeline for March and will join Tales from the Borderlands , SteamWorld Dig 2 , Kingsway , Tokyo 42 and DubWars come next month. [Full Article...]

Prudential FY17 Profit Up, Hikes Dividend; To Demerge M&G Prudential; Stock Up

Prudential FY17 Profit Up, Hikes Dividend; To Demerge M&G Prudential; Stock Up M&G Prudential , the United Kingdom and European business, will be listed on the London Stock Exchange and headed by its current chief executive John Foley. Prudential will be able to focus on the "attractive returns and growth potential of its market-leading businesses in Asia and the US", he said. The Group will look to realise efficiencies to benefit the two businesses post demerger. [Full Article...]

Goldman Sachs to name DJ D-Sol as next CEO

Goldman Sachs to name DJ D-Sol as next CEO D-Sol now serves as the co-president of the company, but will likely be chosen following the announcement that Harvey M. Schwartz, a black belt in karate who serves as the other half of Goldman Sachs's presidential team, is retiring. It will also help squash the public parlor game over who will succeed Blankfein , which has drawn repeated headlines about the competition between Schwartz and Solom... [Full Article...]

United Airlines employees slam 'lottery' bonus plan

United Airlines employees slam 'lottery' bonus plan He called the lottery the core4 Score Rewards program. The system would have replaced quarterly, performance-based bonuses and rewards for flawless attendance with a lottery-based system, where eligible employees would be entered into a drawing for a variety of prizes if the company hit one of its performance goals during a calendar quarter. [Full Article...]

Flights cancelled or delayed due to heavy snow

Flights cancelled or delayed due to heavy snow Aer lingus flights will begin to wind down from three o'clock this afternoon, with other airlines following at 4pm. "We recommend customers check the status of their flight at Ryanair .com before making their way to the airport". Ryanair has announced that it is now planning for a return to full operations, in all Irish airports, this Saturday, 3 March. Many UK and Ireland flights have also b... [Full Article...]

Tiger Woods commits to Valspar Championship, Arnold Palmer Invitational

Tiger Woods commits to Valspar Championship, Arnold Palmer Invitational It means Woods will now join Rory McIlroy who will also be contesting the Valspar Championship for a first time and in what will be McIlroy's sixth event ahead of the Masters. "I need to keep playing tournaments", Woods said after the Honda Classic. Should he improve that form in the build-up to the US Masters, then Feherty says Woods will firmly be in the mix for a fifth US Masters title. [Full Article...]

2300 jobs at risk as Maplin goes into administration

2300 jobs at risk as Maplin goes into administration Maplin has annual turnover of £235.8m and employs 2,335 people across 217 stores in the United Kingdom and Ireland. The 40-year-old firm said it had been hit by the impact of the Brexit-hit pound , a "weak consumer environment" and the withdrawal of credit insurance. [Full Article...]

Winter Olympics: Canadian athlete arrested over vehicle theft in Pyeongchang

Winter Olympics: Canadian athlete arrested over vehicle theft in Pyeongchang The official, who did not identify the suspects by name, said the manager drove off with the auto before it was stopped by police. William Ryan Raine, the ski cross high-performance director, called his actions "inexcusable" and apologized to the owner of the involved vehicle in his statement released by the Canadian Olympic Committee. [Full Article...]

Wal-Mart's Stock Plunges On Slower E-Commerce Growth In Q4

Wal-Mart's Stock Plunges On Slower E-Commerce Growth In Q4 Tokio Marine Asset Management accumulated 46,677 shares or 0.55% of the stock . Still, despite the massive drop in Walmart stock on Tuesday, the company actually has a solid piece of good news for income investors. It also reduced its holding in Intl Business Mach (NYSE:IBM) by 5,100 shares in the quarter, leaving it with 10,800 shares, and cut its stake in Priceline Group Inc/The (NASDAQ:PCL... [Full Article...]

Barclays swings to £1.9bn loss, investment bank profits tumble

Barclays swings to £1.9bn loss, investment bank profits tumble Numerous banks have seen tax write-downs in the billions in their fourth quarter results due to the Republican-led tax overhaul passed in December of previous year, though the losses are expected to be one-offs. Assuming flattish impairments of £2.7 billion and a 30% tax rate, it would generate net income of £4.6 billion or around 26 pence per share. "The tax charge is a one-off, and actually lo... [Full Article...]

How the Rite Aid-Albertsons deal affects Buffalo Niagara

How the Rite Aid-Albertsons deal affects Buffalo Niagara Rite Aid Corp now has $2.12B valuation. The stock decreased 7.27% or $0.16 during the last trading session, reaching $2.04. A total of 144.27 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 24.75 Million shares, while its relative volume stands at 5.83. [Full Article...]

UK jobless up for first time since Brexit vote aftermath

UK jobless up for first time since Brexit vote aftermath The UK jobless rate increased in the fourth quarter, data from the Office for National Statistics showed Wednesday. This increased the percentage of people out of work from 4% in the previous quarter to 4.5% - fractionally above the UK-wide total of 4.4%. [Full Article...]

Sony Unveils AI-Powered Ride Hailing

Sony Unveils AI-Powered Ride Hailing Sony says it intends to introduce different packages to suit the different needs of each platform. Because of controls that require cab drivers to hold unique licenses, organizations like Uber can't offer ride-sharing administrations in Tokyo and other significant Japanese urban communities (rather, Uber right now works just in little, rustic towns where there weren't any taxi organizations). [Full Article...]

FCC chairman endorses Space X plan for satellite broadband

FCC chairman endorses Space X plan for satellite broadband As a result, one such lawmaker, House Representative Frank Pallone (D-NJ) - who is a member of the congressional committee that oversees the FCC - wrote to the federal regulator's inspector general in November outlining his concerns and asked him to open a formal investigation. [Full Article...]

Frontier offers nonstop flights to Orlando, Austin from Sunport

Frontier offers nonstop flights to Orlando, Austin from Sunport The carrier will begin flights to Denver starting April 9th. Frontier said this is the largest addition of new cities at RDU since 2007. "I think you're going to realize some significant savings by having the "Low Fares Done Right" service in those two markets". [Full Article...]

Pelicans ranked last among most valuable National Basketball Association franchises

Pelicans ranked last among most valuable National Basketball Association franchises That is a 22% rise on 12 months ago. The Los Angeles Lakers ($3.3 billion) are second on the list, followed by the Golden State Warriors ($3.1 billion), Chicago Bulls ($2.6 million) and Boston Celtics ($2.5 million) rounding out the top five. [Full Article...]

Noteworthy Stocks to Watch For: NVIDIA Corporation (NVDA), Kinder Morgan, Inc. (KMI)

Noteworthy Stocks to Watch For: NVIDIA Corporation (NVDA), Kinder Morgan, Inc. (KMI) Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is -7.63% and standing 0.95% away from 50-Day Simple Moving Average while traded 21.93% away from 200-Day Simple Moving Average. $5.11M worth of NVIDIA Corporation (NASDAQ: NVDA ) was sold by SEAWELL A BROOKE on Friday, September 1. $2.64M worth of NVIDIA Corporation (NASDAQ: NVDA ) was sold by PERRY MA... [Full Article...]

DOJ Charges 36 In $530M Fraud Forum Takedown

DOJ Charges 36 In $530M Fraud Forum Takedown Prosecutors say the online forum, whose slogan is " In Fraud We Trust ", facilitated sales of personal and credit card information and compromised logins for accounts at financial institutions including HSBC and PayPal, among other illegal wares. [Full Article...]


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