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Finance

Shaker Financial Services Llc holds 2.43% of its portfolio in Special Opportunities Fund Inc. for 284,652 shares. Campbell & CO Investment Adviser LLC acquired a new position in Barnes & Noble in the 2nd quarter valued at $101,000. Analysts have a mean recommendation of 2.80 on this stock. Therefore 67% are positive. BidaskClub lowered Barnes & Noble from a "sell" rating to a "strong sell" rating in a report on Friday, July 28th.
  • GLS profits offset United Kingdom decline at Royal Mail

    GLS profits offset United Kingdom decline at Royal Mail

    Finance

    Royal Mail said: "The industrial relations environment could impact our performance in the second half". Pretax profit for the half, which ended on September 24, fell to GBP77.0 million from GBP110.0 million on a reported basis and to GBP250.0 million from GBP252.0 million on an adjusted basis.
  • Tokyo train company says sorry for 20-second early departure

    Tokyo train company says sorry for 20-second early departure

    Finance

    The company apologised later in the day, even though it did not receive any customer complaints on the matter. Delays are so rare, passengers can even be given a delay certificate to show their workplace or school if trains are delayed by just five minutes.
  • With Koch brothers' help, reports say

    With Koch brothers' help, reports say

    Finance

    Time Inc. headquarters in NY, N.Y. Time Inc.'s stock jumped significantly on the news, opening at $15.20 this morning compared to $12.65 at the previous day's close. In 2012, the billionaires spent nearly $400 million. Meredith was valued at $2.42 billion. The brothers own Koch Industries, a Wichita, Kansas-based conglomerate with businesses from oil and ranching to farming and electrical component manufacturing.
  • New GKN chief leaves before starting role

    New GKN chief leaves before starting role

    Finance

    GKN shares dived 8% as the engineering company said its chief executive-designate was to leave the firm. The appointment of Hans Büthker, formerly chief executive Fokker Technologies, to the role of chief executive GKN Aerospace will also be brought forward to take effect immediately.
  • Wal-Mart Stores, Inc. (WMT) Shares Sold by Intact Investment Management Inc

    Wal-Mart Stores, Inc. (WMT) Shares Sold by Intact Investment Management Inc

    Finance

    Wal-Mart Stores comprises about 1.6% of Delta Asset Management LLC TN's portfolio, making the stock its 22nd largest position. Looking forward, the company's quarterly earnings are expected to come at $0.69 in the three months through December 2017 and $0.98 in the quarter ending March 2018, reflecting -2.82% and 4.26% growth, respectively.
  • Record order for A320 Neo is boost for Wales

    Record order for A320 Neo is boost for Wales

    Finance

    It is the single largest order for an airframer coming in at a value of $49.5bn. The Airbus aircraft is likely to be used in all Indigo airlines. Indigo Partners' founder and chief Bill Franke said the deal "underscores our optimistic view of the growth potential of our family of low-priced airlines" - Frontier Airlines of the US, JetSMART of Chile, Volaris of Mexico and Wizz Air of Hungary.
  • Annual inflation hits 2,24pc in October

    Annual inflation hits 2,24pc in October

    Finance

    The index for all items less food and energy increased 0.2% in October. It noted that while the average year-on-year food inflation for the first five months of the year stood at 18.67 per cent, the average year-on-year food inflation for the next five months of the year (June to October 2017) was higher at 20.22 per cent.
  • Activist Nelson Peltz Elected to P&G Board

    Activist Nelson Peltz Elected to P&G Board

    Finance

    After a recount Wednesday, it turned out that he had a margin of 42,780 votes-representing just 0.0016% of P&G's outstanding shares. A subsequent count of the almost 2 billion votes cast now leaves Peltz with a winning margin, albeit a slim one.
  • AAA: 1 million Marylanders will travel for Thanksgiving

    AAA: 1 million Marylanders will travel for Thanksgiving

    Finance

    AAA projects more than 1.6 million Michiganders will journey 50 miles or more from home this Thanksgiving holiday. Nationally, Anaheim is expected to be the second most popular Thanksgiving destination for Americans eager to visit the Disneyland Resort.