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Tesla Reportedly Makes Deal To Build Chinese Factory

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Tesla will own the factory, rather than partner with a local manufacturer, as it typically the case. China is trying hard to get on top of its pollution problems and electric cars are a big part of that . Negotiating with the Chinese government is not going to be an easy task. "Government regulators examine every deal and try not to set a precedent", said Bill Russo, chief executive of Automobility, a Shanghai-based consultancy, and a former Chrysler executive. Read More »

Apple Sued for 'animoji' Trademark

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While not exactly popular, Bonansea's lawsuit (PDF ) argues that Apple knew about the Animoji app , both because it has been in the App Store for the past three years and, as he alleges, Apple attempted to buy the name from him. The company has reportedly filed a petition to cancel the trademark from Emonster, so the registration is now under review. The suit points out, however, that the now dissolved "emonster Inc." and current Japanese corporation, "emonster k.k.", acted as a ... Read More »

Lyft gets $1bn boost from Alphabet's investment fund

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A driver uses the Lyft app. Lyft , which runs a distant second to Uber and is only based in the United States, has pushed expansion this year. Lyft seized the moment, donating to the American Civil Liberties Union and issuing a string of progressive political statements. Read More »

Laptops May Be Banned From Checked Baggage On Planes Over Fire Risk

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The UN will discuss the policy during a meeting in Montreal next week. In all 10 tests were carried out by the FAA on laptops packed inside a suitcase, with a heater placed against the computer's battery. The FAA's report raises concerns if a laptop battery were to catch fire in a bag that also holds aerosol cans, it could cause the kind of catastrophic fire that could bring down a plane. Read More »

A child dies crushed by a chest of drawers Ikea

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He is the eighth child who has died from an incident involving an Ikea dresser and the fourth killed specifically by the Malm product. Dudek's family lawyer calls Jozef's death "completely unavoidable", in a statement issued Wednesday. Read More »

Red Wings Trade Riley Sheahan To Penguins For Scott Wilson

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Athanasiou, who set career highs during his sophomore campaign with 18 goals and 11 assists, is expected to rejoin the Red Wings from Switzerland and begin practicing with the team next week. Athanasiou is now skating with a Swiss team as he waits out the situation and is believed to have offers from the KHL. The contract dispute was well-documented over the offseason with Bob McKenzie discussing the topic Thursday, highlighting the December 1 deadline to get a contract signed. Read More »

Citigroup Inc. Boosts Position in Independence Realty Trust, Inc. (IRT)

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The dividend payment was $0.210 per share for the quarter or $0.84 annualized. The stock increased 0.19% or $0.02 on October 20, reaching $10.49. About 11,545 shares traded. 72 funds opened positions while 123 raised stakes. 18,180 are owned by Thrivent Financial For Lutherans. The Massachusetts-based Cadence Cap Llc has invested 0.04% in Federal Realty Investment Trust (NYSE:FRT). Read More »

Traders Sell General Electric Company (GE) on Strength (GE)

It has underperformed by 4.19% the S&P500. General Electric's dividend payout ratio (DPR) is now 118.52%. Shares in General Electric Company ( NYSE:GE ) tanked 7% before the bell as its third quarter earnings fell way short of expectations and it slashed its guidance for the full year. Read More »

Policemen Killed In Clashes With Terrorists In Egypt

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Though the militants attempted to flee after the first round of fire from security forces, they were stopped by reinforcements and retaliated. Since the army in 2013 removed elected president Mohamed Mursi of the Muslim Brotherhood, extremist groups have increased their attacks on the military and police. Read More »

Catalonia: Spanish Prime Minister Mariano Rajoy outlines plans to remove region's leaders

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Catalonia's leader has accused Madrid of waging the "worst attack" on his region since dictator Francisco Franco after the central government took drastic measures to stop it from breaking away. European Union leaders, who were at the ceremony to collect a prize for encouraging harmony in Europe, used their acceptance speeches to demand respect for the law in words that offered implicit backing to Madrid. Read More »

USA stocks open lower after record highs

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The Standard & Poor's 500 closed at 2,562.10 for a gain of 0.84 points or 0.03%. Expectations of corporate tax cuts rising recently sent U.S. stocks to record highs, with the Dow breaking a record of 23,000 for the first time earlier this week. Read More »

FDA Approves Yescarta, Agency's Second CAR-T Gene Therapy Approval

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The FDA is also requiring that Kite continue to conduct observational studies of patients treated with Yescarta. The manufacturing site has capacity to produce volumes of the autologous therapy for 4,000-5,000 patients per year, but now Yescarta has been approved Gilead said it is looking to ramp up the number of clinics available to administer the therapy. Read More »

In Search of Profitable Stocks: LendingClub Corporation (LC), Schlumberger Limited (SLB)

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A rating of 4 or 5 would represent a Sell recommendation. Deutsche Bank AG started coverage on Schlumberger N.V.in a research report on Tuesday, October 10th. The forecast of 22 surveyed investment analysts covering the stock advises investors to Buy stake in the company. On 3/1/2017 Tore I Sandvold, Director, sold 5,000 with an average share price of $81.54 per share and the total transaction amounting to $407,700.00. Read More »

Quarterly Financial Watch for Coca-Cola Company (The) (NYSE:KO)

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It also reduced its holding in Visa Inc (NYSE:V) by 3,433 shares in the quarter, leaving it with 174,177 shares, and cut its stake in Vanguard Scottsdale Fds (VCSH). Fifth Third Bancorp who had been investing in Blackrock Inc for a number of months, seems to be bullish on the $76.71 billion market cap company. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.02. Read More »

Spinnaker Trust Purchases 1150 Shares of Procter & Gamble Company (The) (PG)

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Pricing, mix and foreign exchange had no net impact on sales for the quarter. But P&G says that since David Taylor was named CEO two years ago, the company has been moving in the right direction. If you are reading this report on another publication, it was copied illegally and republished in violation of USA and worldwide trademark and copyright law. Read More »

DE wants its HQ2 pitch to attract all businesses, not just Amazon

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The tech investment company "Alpha Flow" believes Memphis, Cincinnati, and Atlanta are Amazon front runners, citing median home value and building permit increases. They donated it to the Arizona-Sonara Desert Museum saying "unfortunately we can't accept gifts, even really cool ones". But in a short FAQ , the agency says no formal incentives or new tax breaks have been offered to Amazon, though the application does include a list of existing financial benefits state and local governments ... Read More »

Lyft announces $1 billion funding round led by Google investment fund

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Despite its previous relationship with Uber , or perhaps because of it, Google has forged a close bond with Lyft this year, with Waymo signing a deal to work on self-driving vehicle technology with Lyft. As Uber has been plagued by woe after woe of its own making, Lyft has been quietly rising as an increasingly used alternative. GV invested in Uber in 2013, but then Uber began to develop autonomous cars and compete directly with Alphabet . Read More »

The Kinder Morgan (KMI) Given Media Sentiment Score of 0.17

About 2,410 shares traded. W Resources PLC (LON:WRES) has 0.00% since October 17, 2016 and is. It has underperformed by 12.43% the S&P500. Investors sentiment decreased to 1.11 in Q2 2017. Kinder Morgan earned a media sentiment score of 0.17 on Accern's scale. Its down 0.10, from 1 in 2017Q1. It dived, as 48 investors sold FNSR shares while 67 reduced holdings. Read More »

Iraq, Iran, US "raise" oil prices

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U.S. West Texas Intermediate (WTI) crude futures traded at $52.09 a barrel, up 21 cents on the day. The subsidiary of SK Innovation Co., South Korea's top oil refiner, said the shipments will be composed of 7.5 million barrels of American crude oil and 1.5 million barrels of Mexican crude oil. Read More »

Ford Recalling 1.3 Million Pickups Over Door Issue

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The f-150 pickup has been the bestselling vehicle in the country for decades. Some of the trucks are prone to having a door latch freeze in cold weather or a bent or kinked actuation cable that interferes with the door's operation. Ford has previously disclosed plans to spend $935 million on other recalls announced since August 2016. The Center for Auto Safety , a nonprofit group founded by Ralph Nader , on Monday called on Ford to recall more than 1 million Explorer SUVs for alleged risk ... Read More »

Officers fired following probe of United passenger removal

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The final resolution of disciplinary action recommended by Inspector General Joe Ferguson is included in Ferguson's quarterly report , released Tuesday. In July, the department said future airport disturbances would be handled by city police, not aviation security officers. The city of Chicago conducted an internal investigation on police behavior at the origin of this incident , and announced that two of the four officers involved had been dismissed while the other two had been ... Read More »

United Kingdom interest rates set to rise as inflation hits 3%

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Britain's inflation rate hit 3 percent in September, well above the BoE's target of 2 percent, and both political economists and market analysts are concerned that the country's upcoming secession from the European Union will prevent the economy from expanding as needed. Read More »

Agrees to three-year extension with Spurs

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In the summer of 2015, LaMarcus Aldridge made a decision to sign with the San Antonio Spurs as one of the most highly-coveted free agents on the market. While spending the first nine seasons of his professional tenure in Portland, he has since suited up for the Spurs in both 2015-16 and 2016-17. The team would go on to lose in the Western Conference semifinals, but Aldridge performed well individually, averaging 21.9 points and 8.9 boards in 33.7 minutes over the 10 games. Read More »

IBM taps blockchain to ease cross-border payments

Traditionally, cross-border payments have involved numerous intermediaries who initiate, clear, and finalize any transaction involving multiple currencies. The private blockchain Stellar handles the actual settlement of transactions through issuance of digital asset while KlickEx adds their expertise in cross-border payments to the solution. Read More »

Harley-Davidson (HOG) Q3 Earnings In Line, Revenues Beat

Stifel Nicolaus reiterated a "buy" rating and issued a $48.00 target price (down previously from $51.00) on shares of Harley-Davidson in a report on Tuesday, October 10th. Analysts are also projecting an Average Revenue Estimate for Harley-Davidson, Inc.as $959110 in the Current Quarter. "( HOG ) to Sell" was posted by StockNewsTimes and is owned by of StockNewsTimes. Read More »