• GoPro to cut 270 jobs, shares surge
GoPro to cut 270 jobs, shares surge

Shares of the wearable camera pioneer jumped 15% Thursday, to $8.44. The company's 50-day moving average price is $9.17 and its 200-day moving average price is $11.24. In related news, Director Anthony John Bates sold 41,077 shares of the stock in a transaction dated Monday, March 6th. Also, CFO Brian Mcgee sold 5,692 shares of the business's stock...

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  • Arkansas Unemployment Rate Falls to a Record 3.8 Percent
Arkansas Unemployment Rate Falls to a Record 3.8 Percent

The good news included the record low unemployment rate and the monthly survey of about 800 households in the state that showed a decline of about 6,000 unemployed Arkansans compared with January a year ago, Pakko said. The commissioner of the Vermont Department of Labor said she received a notice on Friday indicating 76 Merchants Bank employees wi...

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  • USA to Cancun flights canceled as snow storm hits east
USA to Cancun flights canceled as snow storm hits east

More than 2,212 flights have been cancelled for Monday, and 4,774 have been cancelled for Tuesday as a result of the storm's potential impact, the Daily Mail reported. ET on Sunday, according to flight-tracking service FlightAware . Hundreds of flights have been canceled in advance of an upcoming winter storm. Stella is expected to impact tr...

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  • US Attorney Preet Bharara Has Refused to Resign
US Attorney Preet Bharara Has Refused to Resign

US attorneys are federal prosecutors who are nominated by the president, generally upon the recommendation of a home-state senator, and are responsible for prosecuting federal crimes in the territories they oversee. Preet Bharara, the U.S. attorney for the Southern District of NY, just tweeted that he has been fired. But such resignations are n...

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  • On Women's Day eve, statue of girl stares down Wall Street bull
On Women's Day eve, statue of girl stares down Wall Street bull

State Street said it would vote against boards of companies that fail to take steps to increase its female board members, and plans on sending letters to 3,500 asking companies to act. 63% of the Chinese startups have women in leadership positions while that figure for companies in the U.S. & U.K.is 46% and 42% respectively. While women across ...

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  • Trader's Round Up: Dick's Sporting Goods Inc. (NYSE:DKS)
Trader's Round Up: Dick's Sporting Goods Inc. (NYSE:DKS)

They now have a $70.00 target price on the sporting goods retailer's stock. The Company stated merged net income for the fourth quarter ended January 30, 2016 of $129.0 million, or $1.13 per diluted share. The firm owned 84,885 shares of the sporting goods retailer's stock after selling 547 shares during the period. Dick's Sporting Goods , Inc . ...

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  • Oil prices set to rise sharply, unless new projects are approved
Oil prices set to rise sharply, unless new projects are approved

Due to low oil prices since mid-2014, oil producers post major losses every quarter. While most analysts are wondering when Russian Federation will reach its gradual 300,000-bpd production cut as part of the deal with OPEC to reduce global supply, another non-OPEC producer, Azerbaijan, is boasting not only full compliance, but a strong overcompli...

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  • Trump, Schumer in Twitter war over Russia, Putin and Krispy Kreme
Trump, Schumer in Twitter war over Russia, Putin and Krispy Kreme

New York Senator Chuck Schumer, the minority leader, was among the Democrats calling for Sessions to step down. It's unlikely that the president's suggestion was made in earnest, but the Tweet follows the Drudge Report featuring the photo on their site.

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  • Rick Perry Confirmed As Trump's Secretary Of Energy
Rick Perry Confirmed As Trump's Secretary Of Energy

At his confirmation hearing, Perry sought to smooth some hard edges on energy and environmental issues, saying, "I believe the climate is changing". During his confirmation hearing, Perry expressed regret for previously recommending eliminating the department he will now lead.

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  • Analyst Research Summary: General Electric Company (NYSE:GE)
Analyst Research Summary: General Electric Company (NYSE:GE)

Post opening the session at $30.05, the shares hit an intraday low of $29.9 and an intraday high of $30.1489 and the price was in this range throughout the day. Shareholders of record on Monday, February 27th will be paid a dividend of $0.24 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.18%.

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  • Snapchat is a smash hit on its stock market debut despite fears
Snapchat is a smash hit on its stock market debut despite fears

The Snap team pitched the company's stocks and gave clarifications regarding the spreading concerns. "One of the challenges that we've encountered over time is to explain to people why bigger isn't better", Evan Spiegel, Snap's CEO and cofounder, said in a presentation to investors ahead of the IPO.

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  • Here's How ICE Raids Are Affecting Kids Across The Country
Here's How ICE Raids Are Affecting Kids Across The Country

ICE agents detaining a suspect. . According to immigration officials, Suarez was released on day after ICE filed a detainer requesting local law enforcement to hold him for immigration proceedings. On Feb. 15, Daniela was asleep inside her home when her father and brother were arrested by ICE on their way to work. It's one thing to live you...

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  • U.S. economy grows at 1.9% in fourth quarter
U.S. economy grows at 1.9% in fourth quarter

The December quarter GDP beat the estimates of economists; analysts polled by Reuters had forecast 6.4 per cent growth for the October-December period. At constant (2011-12) prices, the PFCE is estimated at Rs. 68.26 lakh crore in 2016-17 as against Rs. 63.66 lakh crore in 2015-16. Some of the manufacturing sectors including consumer goods, coupled...

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  • Airbus Pleads for Relief as A400M Losses Mount
Airbus Pleads for Relief as A400M Losses Mount

The agency representing seven North Atlantic Treaty Organisation buyers - Belgium, France, Germany, Luxembourg, Spain, UK and Turkey - was not available for comment. Airbus management is holding discussions with governments about reducing further financial blows related to the A400M. PARIS Airbus (AIR.PA) said engine maker Pratt & Whitney (UTX.N)...

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  • Thousands to lose Sunday penalty rates
Thousands to lose Sunday penalty rates

Smythesdale pharmacy assistant Meredith Grant is set to lose nearly $4000 a year after the Fair Work Commission ruled to slash penalty rates. The pharmacy award rates applying between the hours of 7am and 9pm will go from 200% to 150% for full and part-time workers, and from 200% to 175% for casual employees.

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  • Miami one of the world's worst cities for traffic congestion, study finds
Miami one of the world's worst cities for traffic congestion, study finds

USA drivers spent an average of 42 hours a year in traffic during the busiest commuting hours of the year, costing them about $300 billion collectively, or about $1,400 per driver, in squandered gas and time last year, according to the report.

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  • Booming British economy continues to defy Brexit doom-mongers
Booming British economy continues to defy Brexit doom-mongers

That was offset, however, by a revision to growth in the first three months of 2016 from 0.3 per cent to 0.2... But while the news was good for short-term growth, GDP levels for the whole of 2016 were revised down 0.2% to 1.8%. In the third quarter, growth was 0.6 percent. Britain's economic resilience since last June's European Union referendu...

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  • Look! Jay Z To Start His Own Venture Capital Fund
Look! Jay Z To Start His Own Venture Capital Fund

This seems to be Jay Z's year of entrepreneurial growth, earlier this month, Sprint, a communications services company in the U.S., announced that it would be acquiring a third of Jay Z's music streaming platform Tidal. Last year, Forbes ranked Jay Z third on their Hip Hop's Wealthiest Artists 2016 list, putting his net worth at an estimated ...

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  • French expats go mad for Macron as would-be president visits London
French expats go mad for Macron as would-be president visits London

However, after Le Pen arrived at the Grand Mufti's office, she was offered a headscarf by an aide and told that it was customary in Lebanon. A spokesperson for the cleric said that Le Pen had been briefed beforehand about the need to wear a veil during the meeting.

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  • Provincial budget release may include PST cut, boost in health funding
Provincial budget release may include PST cut, boost in health funding

A one percentage cut to B.C.'s seven per cent PST would cut annual revenues by $900 million, while the MSP raised $2.5 billion for the government previous year. An increase in the Education budget by $740 million over three years, including $228 million more to fund enrolment growth in B.C. schools, funding for rural education enhancement, student ...

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