Business

AT&T Maintains Outlook Despite Record Loss of Wireless Users

AT&T Maintains Outlook Despite Record Loss of Wireless Users

Overall, the Dallas company reported first-quarter earnings of $3.47 billion, or 56 cents per share, down from $3.8 billion, or 61 cents, the year before. Revenues of $39.37 billion were off almost 3% year-over-year, and failed to reach the Street's consensus mark of $40.53 billion. During the quarter, AT&T added almost 4,000 high-speed IP broadband business subscribers . Read More

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US FCC to launch 'comprehensive review' of media regulations

US FCC to launch 'comprehensive review' of media regulations

He said he believes the net neutrality rules that FCC created in 2015 pose restrictions on broadband service providers and that he plans to reverse the classification of broadband internet as a utility. In his much-awaited speech, Pai is expected to discuss his vision of net neutrality . Pai, named chairman by President Donald Trump in January, said previous year the FCC should have repealed the ban on ownership of a broadcast station and newspaper in the same market, citing the closing ... Read More

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Dutch Economic Affairs minister says still opposed to Akzo Nobel takeover

Dutch Economic Affairs minister says still opposed to Akzo Nobel takeover

The move comes a day before Akzo, which has declined two previous approaches from PPG, faces a group of unhappy shareholders at its annual meeting. In an interview with Reuters, Michael McGarry said if Akzo Nobel's management and supervisory boards agreed to takeover talks, the companies might find additional ways to create value above the $750 million in synergies that PPG has identified from publicly available documents. Read More

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Kevin Chappell birdies 72nd hole to win Valero Texas Open

Kevin Chappell birdies 72nd hole to win Valero Texas Open

Chappell's front nine was a roller coaster with three birdies, three bogeys, and a double-bogey, but ended the day with the lead with a much cleaner back nine. "It's huge, after the start I've had and the struggles I was going through", Palmer said. South Korean Kim Seung-hyuk shot a 69 and tied for third place at 10 under 274 with overnight leader Hwang Jung-gon and Japan's Mikumu Horikawa. Read More

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Real Madrid vs. Bayern Munich

Bayern CEO Karl-Heinz Rummenigge said after the match that Neuer sustained the injury as Real scored one of Cristiano Ronaldo's goals which fired them into the semifinals, and suggested that the goalkeeper would miss the rest of the domestic season and also the build-up to the Confederations Cup, which begins in Russian Federation on June 17. Read More

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Ronaldo scores 2 as Madrid wins 2-1, ends Bayern record run

Ronaldo scores 2 as Madrid wins 2-1, ends Bayern record run

Toni Kroos says he has only happy memories of his time at Bayern Munich and is looking forward to playing them in the champions league . Lewandowski has seven goals in eight Champions League appearances this season for Bayern. That defeat remains Bayerns record home European loss, yet there is no talk of revenge ahead of Wednesdays clash. Ronaldo, 32, is a three-time Champions League victor having claimed the trophy with Manchester United in 2008 and Real in 2014 and 2016. Read More

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Uber Denies Stealing Google's Self Driving Car Technology

Uber Denies Stealing Google's Self Driving Car Technology

Allegations are against Uber's head of self-driving vehicle unit Anthony Levandowski of stealing and illegally downloading 14,000 files based on which the company had set up their self-driving auto unit. "It is these same attorneys who simultaneously represent to this Court that they have not and can not review Mr. Levandowski's files". Now the United States district attorney is more focused upon the fifth amendment right utilized by Levandowski. Read More

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Akzo Nobel Paints Itself in Corner in Elliott Fight

Akzo Nobel Paints Itself in Corner in Elliott Fight

The call comes after AkzoNobel rejected two takeover bids from Pittsburgh-based chemicals manufacturer PPG Industries, the latest worth 22.4 billion euros (£19.5 billion). "It would be preferable from PPG's perspective if AkzoNobel would speak with us rather than about us", PPG said. Akzo said it turned to the Dutch financial regulator after it became aware Tuesday that Elliott meant to share with PPG potentially price-sensitive information about the demand. Read More

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Qualcomm files answer and counterclaims against Apple

As Don Rosenberg, executive vice president and general counsel of Qualcomm stated, one reason the iPhone franchise has been incredibly successful is because the device is based on some of Qualcomm's fundamental cellular technologies. Also, the chipmaker alleges Apple threatened it not to make any comparisons about the superior performance of Qualcomm-powered iPhones. Another area of contention in the Apple Qualcomm dispute comes from the latter's belief that the former chose, "not to ... Read More

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Amateur Jamie Codd thrilled with brave National runner-up Cause Of Causes

He never missed a fence, within reason. Lucinda Russell, the trainer of One For Arthur, should also continue her good form in the card's hunter chase, where Hey Listen (4 .40), a lightly-raced point-to-point victor, is now 4-1. The victor is owned by childhood friends Belinda McClung and Deborah Thomson - who chose the name " Two Golf Widows " for their ownership partnership in a dig at their husbands when they teamed up to buy him. Read More

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EU Approves Fox's Takeover of Sky

EU Approves Fox's Takeover of Sky

Rivals have lodged submissions with the regulator, raising concerns that the combined broadcasters would dominate bidding for top-flight sport, TV shows and movies. The company is "confident that the proposed transaction will be approved following a thorough review process", Fox said in an emailed statement. Fox claims that in the years since the abandoned bid, the media landscape has changed beyond recognition. Read More

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Rajya Sabha passes GST Bill

Rajya Sabha passes GST Bill

The Rajya Sabha on Thursday passed four supplementary legislations which will enable the government to rollout the landmark Goods and Services Tax Bill on July 1. Industry comments will be reviewed by the CBEC, which is tasked with rewriting the rules and presenting them for approval before the GST Council at its next meeting May 18-19. Read More

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New York state budget talks collapse

If being a little late means getting a better state budget, it's hardly the end of the world to miss the deadline. Heastie said the other big items of contention between his Assembly Democratic conference and the Senate Republicans were all but settled, including an agreement to revise the expired 421-a real estate development tax credit, and the Raise the Age measure which would increase from 16 to 18 years old the age at which youngsters could be criminally responsible for crimes, with the ... Read More

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Analysts At Susquehanna Bancshares Maintained Constellation Brands, Inc. (NYSE:STZ) As Hold

Analysts At Susquehanna Bancshares Maintained Constellation Brands, Inc. (NYSE:STZ) As Hold

Finally, Cowen and Company lowered their target price on shares of L Brands from $74.00 to $65.00 and set an "outperform" rating for the company in a report on Thursday, January 5th. The consensus estimates are $7.51 in EPS and $7.66 billion in revenue for the coming fiscal year. The return on equity ratio or ROE stands at 19.2 percent while most common profitability ratio return on investment (ROI) was 9 percent. Read More

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Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead

This latest twist follows the Fed's sudden, coordinated telegraphing of a March rate hike, which initially was expected in June, and its forecast late past year for three increases in 2017, up from a prior view for just two. Policymakers at the Federal Reserve continue to see "considerable uncertainty" about the effects of possible fiscal stimulus from the Trump administration, according to meeting minutes released today. Read More

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German government proposes legislation to fine fake news and hate speech

German government proposes legislation to fine fake news and hate speech

Germany has some of the world's toughest laws covering defamation, public incitement to commit crimes and threats of violence, with prison sentences for Holocaust denial or inciting hatred against minorities. " As experts have pointed out, this legislation would force private companies rather than the courts to become the judges of what is illegal in Germany ", the statement reads. Read More

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Panera Bread in advanced sale talks with JAB Holdings

PNRA has been the topic of several recent analyst reports . There may be various price targets for a stock. Dekabank Deutsche Girozentrale holds 0% of its portfolio in Panera Bread Co (NASDAQ: PNRA ) for 600 shares. Panera Bread Co ( PNRA ) has risen 29.98% since August 26, 2016 and is uptrending. Panera Bread Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Executive Vice-Chairman Moreton William W. Read More

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