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Bebe expects to close all it stores by the end of May

Bebe had 180 locations as of January 2, according to a separate SEC filing. He's optimistic the mall will fill the stores with new tenants. Others chains that have shuttered all their stores or retrenched include BCBG, The Limited and Wet Seal.

Business

Baby orca! Last killer whale born at SeaWorld

One of her calves has been loaned out to a park in Spain, and another one lives at the company's Florida theme park, the Orlando Sentinel reports. The little one - whose gender is not yet known - is the last orca to be born in captivity at any SeaWorld park after major backlash from 2013's documentary Blaskfish.

Business

Impact of Ontario housing measures on market may be short-lived

Despite the focus on foreign speculators, the government has admitted it doesn't have good data on the real estate market. "I have three millennials at home, adults in their 20s". Asian investment in Toronto reportedly picked after Vancouver introduced its foreign buyer tax last summer. FHP's promotion of rent control to all private rental units, including those built after 1991 to protect tenants from sudden rent increases; encouraging Toronto and other municipalities to introduce a tax ...

Business

United Kingdom prime minister defends decision to seek snap election

During the debate, held on Wednesday afternoon in the House of Commons, Labour Party leader Jeremy Corbyn reminded the prime minister that she had previously stated emphatically that there wouldn't be a general election until 2020. Now that lawmakers have approved the election, Parliament will be dissolved on May 2. "If you want to avoid a disastrous Hard Brexit ". Rather than Corbyn, the biggest challenge is likely to come from the Liberal Democrats , the pro-EU party that was nearly ...

Business

Goldman Sachs' profits miss forecasts as trading struggled

Now the shares of The Goldman Sachs Group, Inc. Goldman Sachs Group, Inc . Goldman Sachs is still an incredible institution and not one to bet against over the long run. Goldman Sachs Group's dividend payout ratio (DPR) is now 15.89%. In comparison, Goldman Sachs' rivals have posted double-digit gains in fixed-income revenue.

Business

Can Frontier Communications Corporation's (FTR) Financial Health Cause Trouble In The Future?

Finally, Bank of America Corp downgraded Frontier Communications Corp from a "buy" rating to a "neutral" rating and set a $2.50 target price for the company.in a report on Tuesday, March 7th. The ex-dividend date was Monday, March 13th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 21.65%. Frontier Communications Corp's dividend payout ratio (DPR) is -77.78%.

Business

US housing starts fell in March; still stronger than in 2016

Housing starts fell to a seasonally adjusted annual rate of 1.215 million in March, 6.8% below the revised February rate of 1.303 million, but 9.2% above the March 2016 rate. "Today's numbers are aligned with our builder confidence metric, which contracted slightly this month but is on solid footing overall", said Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas.

Business

Couple Kicked Off United Flight In Texas As They Head To Wedding

But the airline says the seats the couple moved to were pricier premium-economy seats, and it said the couple "would not follow crew member instructions to return to their assigned seats". United spokeswoman Maggie Schmerin said in a news statement that the passengers "repeatedly attempted to sit in upgraded seating they didn't pay for" and did not follow instructions from crews to go back to their assigned seats.

Business

What's NOV's Correlation with Crude Oil as of April 17?

Futures gained 94 cents last week to close at $53.18 a barrel. Oil prices may rise by 20 percent this year as energy producers outside the US keep a lid on how much crude they pump, said analysts at Citigroup. US West Texas Intermediate (WTI) crude futures were also down 4 cents at $52.61 a barrel. Thus, Saudi Arabia plans to develop 30 projects in the field of solar and wind energy to increase electricity production and reduce oil consumption, according to the Minister of Energy, Industry ...

Business

Arconic CEO Klaus Kleinfeld steps down

The letter "showed poor judgement", Arconic said in a statement. Elliot Management holds a 13.2% stake in the lightweight metals manufacturer. Arconic's stock jumped as much as 9.8 percent on Monday, before easing to trade up 2.5 percent at $26.56 in late afternoon trading.

Business

Revenge Against Snapchat: Indian Hackers Leak Database of 1.7 Million Users

The complaint was unsealed last week, revealing an allegation that Evan Spiegel, the company's CEO, once told Anthony Pompliano he had no interest in expanding Snapchat into poor countries like India and Spain. He stated that he has witnessed, "a wide-spread, systemic failure in Snapchat's internal controls over its user data". Meanwhile, due to the confusion, hundreds of users started uninstalling Snapdeal app, thinking that the CEO of Snapdeal had made these statements about India ...

Business

Trump admin. declines to brand China a currency manipulator

On the list of special monitoring of currency practices, countries like China , Japan, South Korea & Taiwan are on top. Treasury Secretary Steven Mnuchin said ensuring a level playing field for USA businesses is an "essential component of this administration's strategy".

Business

Spain denies ship made illegal incursion off Gibraltar

It tweeted: "Illegal incursion into #British #Gibraltar Territorial Waters by Spanish Navy patrol ship Infanta Cristina this afternoon". THE UK won't enter new agreements with the European Union if the Spanish government try to exclude Gibraltar.

Business

Freedom Caucus' Garrett To Head Up Export-Import Bank

During his campaign, Trump criticized the credit agency as an unnecessary giveaway to politicians and certain companies. Both nominations must still gain Senate approval. The Ex-Im Bank is often maligned as the "Bank of Boeing", but about 90% of its 3,746 authorizations for guarantees, insurance and working capital in 2014 and $5.1 billion of its authorized funds went to USA small businesses.

Business

North Korea says Syria airstrikes prove its nukes justified

Earlier this year, China called on both North Korea and the USA to tone down tension on the Korean peninsula - North Korea by suspending its nuclear weapons programme and the United States by stopping military exercises with South Korea that inflame Pyongyang.

Business

Lawyer: Dragged Passenger 'Poster Child' for Airline Abuses

Afterward, the United Airlines passenger flicked the scorpion and it fell on the floor. The airline also said all passengers on the flight would get a refund. He now has to undergo reconstructive surgery. "It took something like this to get a conversation going", attorney Demetrio said. If it is more than two hours later - four hours if you're flying internationally - or if the airline doesn't make any substitute travel arrangements for you, you are entitled to FOUR times the cost of the ...

Business

Scientists develop a water bottle ball you can eat

The London location's scientists have a different sort of liquid asset at their disposal as they plan the increased implementation of Ooho! , an edible water bottle ball meant to reduce the rampant reliance on customary plastic containers.

Business

Bezos billions fund space project

At the annual Space Symposium in Colorado Springs, Bezos announced his plan to help boost Blue Origin's rockets as high as their goals now are. Bezos' personal investment as well as funding from satellite customers will help bring down the cost of space travel.

Business

BlackBerry Ltd (BBRY) Lowered to Hold at Zacks Investment Research

The stock Fell -1.64 percent over the past six months. An influential analyst on Wall Street may give a stock that is now trading at $60 a one-year price target of $90; however, there is no concrete way to calculate a price target. Several sell side analysts reviewed their recommendations on BlackBerry Limited (BBRY ) where 0 analyst have rated the stock as Strong Buy, 4 analysts said it's a Buy, 11 rated the stock as Hold, 5 analysts reported Underperform and 0 analysts gave their ...

Business

Uber's PR head resigns amid tumultuous time for company

Uber has been plagued by a series of controversies this year. Whetstone's departure might sting - it means the company's PR head is leaving at a time when Uber is in dire need of some good press. The backlash against Uber, both internally and externally, was so strong and pervasive that Kalanick told his staff that he was hiring a chief operating officer to assist him with leadership responsibilities.

Business

After attracting star CEO Hung, Axovant looks to raise $125m

The stock added in the prior trading session by 9.22%, closing at the stock price of $20.25. On Monday shares of Axovant Sciences shot up by 22.54% to close the day at $18.54. The correct version of this news story can be viewed at https://www.themarketsdaily.com/2017/04/12/axovant-sciences-ltd-axon-receives-overweight-rating-from-piper-jaffray-companies.html.

Business

Malala Yousafzai made youngest UN Messenger of Peace

Nineteen-year-old Yousafzai became the 13th Messenger of Peace, joining, among others, actor Michael Douglas, naturalist Jane Goodall, and Princess Haya Bint Al Hussein of Jordan. "Once you educate girls, you change the whole community, you change the whole society". Nobel Peace Prize victor Malala Yousafzai has been made the youngest ever UN Messenger of Peace.

Business

Fire rips through migrant camp as rival gangs brawl

At least 10 people were hurt when closely-packed wooden huts burned down, according to firefighters. Michel Lalande , prefect of France's Nord region, said the fierce blaze destroyed most of the 300 huts in the camp.The migrants were evacuated and would be rehoused in emergency accommodation, the prefect said.

Business

Acquires Steamboat, operator of Winter Park resort

Intrawest had a total long-term debt of $536.8 million as of December 31, according to their latest quarterly filing. Intrawest investors will receive $23.75 in cash for each share they hold of common stock. To make the deal, Aspen partnered with KSL Capital Partners to form a new entity. While ownership is changing, the management of Intrawest will continue, according to a release.

Business

Russian Federation and Iran warn U.S. over future 'red lines' in Syria

National Security Adviser Gen. H.R. McMaster addressed the apparent difference in his appearance on "Fox News Sunday ", saying, "Both Secretary Tillerson and Ambassador Haley are right about this". Trump's note said the United States would "take additional action, as necessary and appropriate". The allegation is grave, even by the standards of the now dismal U.S.