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Verizon adds fewer-than-expected postpaid subscribers, shares slip

(Reuters) – Verizon Communications Inc , whose deal to buy Yahoo Inc’s core assets has been cast into doubt by data breaches at the internet company, added fewer subscribers than expected in the latest quarter amid stiff competition from smaller rivals T-Mobile U.S....
Posted On 24 Jan 2017

J&J Q4 sales up 1.7 pct, plans to divest diabetes care division

Jan 24 (Reuters) – Johnson & Johnson reported a 1.7 percent rise in fourth-quarter sales, due to a strong demand for its newer products. Source
Posted On 24 Jan 2017

UPDATE 1-Sterling falls after UK Supreme Court rules on Brexit

LONDON, Jan 24 (Reuters) – Sterling fell and London’s FTSE 100 index rose on Tuesday in a volatile response to a UK Supreme Court ruling that the government must go through parliament, but not its… Source
Posted On 24 Jan 2017

easyJet shareholder Stelios plans protest vote against fleet expansion

LONDON, Jan 24 (Reuters) – easyJet’s biggest shareholder Stelios Haji-Ioannou said he would use some of his shares to vote against the re-election of the company’s chairman, as part of a protest… Source
Posted On 24 Jan 2017

UPDATE 1-J&J sales growth disappoints; Co mulling options for diabetes unit

Jan 24 (Reuters) – Johnson & Johnson reported a smaller-than-expected rise in fourth-quarter sales, hurt by slowing demand for its medical devices and a stronger dollar. Source
Posted On 24 Jan 2017

UPDATE 1-D.R. Horton profit beats estimates on higher home sales

Jan 24 (Reuters) – D.R. Horton Inc, the largest U.S. homebuilder, reported a better-than-expected quarterly profit as it sold more homes, sending its shares up 2.1 percent in premarket trading. Source
Posted On 24 Jan 2017

Know Before You File: Tax Breaks for 2017

It’s January, and that means the tax man is coming soon. Returns for the 2016 tax year are due by April 18. Most taxpayers won’t owe the Internal Revenue Service anything at filing time, however. IRS statistics show that the vast majority of taxpayers get refunds each year. That...
Posted On 24 Jan 2017

Why General Motors Cadillac Will Soon Advertise a Car You Cant Buy

Imagine you re in charge of a luxury car brand that saw its U S sales fall by 10 last year You need some new products would turn that around Those products are on the way but they won t start arriving for at least another year What do you do in the meantime That s the Source
Posted On 24 Jan 2017

The 3 Stocks Most Hedge Funds Own

Many hedge funds delivered disappointing returns last year The Eurekahedge Hedge Fund Index which tracks the top hedge funds in the market rose just 4 4 in 2016 underperforming the 160 S amp P 500 s 11 2 gain The performance of individual funds varied greatly but Source
Posted On 24 Jan 2017

Why Hanesbrands Inc. Stock Dropped 23% Last Year

Image source The Motley Fool What happened Shares of Hanesbrands Inc NYSE HBI were looking threadbare last year falling 26 according to data from S amp P Global Market Intelligence The diversified apparel maker parent of brands like Hanes Maidenform Source
Posted On 24 Jan 2017