Most hoteliers across the globe are trying to augment guest satisfaction and gain a better foothold in the industry. With the increasing demand for mass market brands, Wyndham Worldwide Corporation ( WYN ) recently announced that it has entered into a management agreement for the opening of Wyndham Amboseli Golf Resort and Spa in Africa. […]
In 2014, gold had a steady start and the prices rose through much of the year, fueled by geopolitical tensions. However, of late, prices have fallen due to a stronger dollar. Moreover, demand in its top markets – China and India — has been subdued. […]
Canadian natural gas producer Encana Corp. ’s ( ECA ) $7.1 billion acquisition of Athlon Energy Inc. ( ATHL ) was the top story. […]
Pro-democracy protesters have paralyzed key areas of Hong Kong since Monday. More and more people have been flocking into the center of the city and the protests are expected to continue till Wednesday, which is a national holiday. […]
Microsoft Corp. ( MSFT ), in partnership with Pearson VUE, is harnessing the cloud to make it convenient for people to take certification exams. Previously, Microsoft Certified Professional (MCP) and Microsoft Technology Associate (MTA) exams could solely be taken at Pearson VUE's sanctioned test centers—in academic institutions, correctional facilities, U.S. […]
Stocks are indicated to start the last trading session of Q3 on a positive note, despite more evidence of global growth challenges. Today’s data from China and Japan provides further evidence that the emerging signs of a growth spurt at home will remain unsupported by weakness abroad. This may not be a big deal for U.S […]
Walgreen Co. ( WAG ) reported adjusted net earnings of 74 cents per share in the fourth quarter of fiscal 2014, up 1.4% from the year-ago adjusted number but merely in line with the Zacks Consensus Estimate. On a reported basis, net loss came in at $239 million or loss of 25 cents per share, a huge slash from the year-ago net earnings of $657 million or 90 cents per share […]
General Electric Company ( GE ) inked a $500 million deal with Chicago-based Exelon Corporation ( EXC ), to supply power-generating equipment to the power company. The industrial giant is also investing in a Japanese solar project as it seeks to expand its core industrial operations. The order includes four of General Electric’s highest efficiency gas turbines, which will be used in the expansion of two of Exelon’s power plants near Houston and Dallas. […]
[marketwatch F139777D-077B-4A84-884A-DF30346EB119] EBay Spinning Off PayPal Business, and More […]
Sportswear retailer, Under Armor Inc. ( UA ) has signed a multi-year partnership with NFHS Network— a noted high school sports media company. Under Armor would become the first Anchor Partner of the network […]
Macy’s Inc ( M ) plans to hire 86,000 seasonal staff to manage the holiday rush, compared to 83,000 last year. The additional staff is required for both Macy’s and Bloomingdale’s stores, distribution centers, call centers and online fulfillment centers countrywide. The company’s primary aim is to provide shoppers with a fantastic shopping experience whether they are shopping at stores or online […]
BioMed Realty Trust, Inc. ( BMR ) inked a new deal with the subsidiary of Baxter International Inc. ( BAX ) – Baxter Healthcare Corporation – for leasing around 200,000 square feet of space at 650 East Kendall Street in Cambridge, MA […]
[marketwatch 72F8B501-A198-4CCC-86F8-1FA501B65205] Al Gore Fund to Pour $30 Million Into Seventh Generation […]
[marketwatch 3A531592-F5AE-4B13-BD30-D6F704140C84] Hulbert: One More Stock Bounce, Then Look Out Below! […]
[marketwatch D38EC29B-DFFA-4072-955E-85BBD0C28B82] EBay to Spin Off PayPal […]
[marketwatch B812E410-170C-4974-B76E-DDDDA230FF79] Pimco Races to Keep Investors After Gross’s Exit […]
[youtube 8IJ0c-YCvnA] In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the house price riots in Hong Kong which could be the trigger for the next Minsky moment in the global financial ponzi scheme. They also discuss the Conservative Party in the UK pushing young people into the debt pyramid by offering a 20% ‘discount’ on property and penalizing young people who don’t go into debt in order to go to university but who choose to work instead. […]
U.S. health insurer Aetna Inc. ( AET ) announced the formation of another accountable care organization (ACO) with Hartford HealthCare (HHC) […]
On Sep 30, 2014, Zacks Investment Research upgraded United Insurance Holdings Corp. ( UIHC ) by two notches to a Zacks Rank #1 (Strong Buy) from Zacks Rank #3 (Hold). Why the Upgrade […]
Ambit Biosciences Corporation ( AMBI ) was a big mover last session with its shares surging over 87% on the day. The surge came on solid volume with far more shares changing hands than in a normal session. The upside came primarily on the back of Japanese drug maker Daiichi Sankyo’s ( DSNKY ) decision to purchase the company for approximately $315 million. […]
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