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Tiffany holiday sales fall as Chinese tourists spend less

Tiffany holiday sales fall as Chinese tourists spend less Like other firms which sell luxury products, Tiffany relies on demand from China's burgeoning middle class as consumer demand for its rings, pendants and bracelets remains subdued in the United States and Europe. During the crucial November-December period, Tiffany's worldwide same-store sales fell 2 percent while net sales dipped 1 percent, against its expectations of modest increases. In a statement, Tiffany Chief Executive Alessandro Bogliolo blamed softer spending globally by foreign tourists, primarily Chinese, and external uncertainties which may have hit customer demand in Europe and the Americas region.


U.S. crude gains, slowing global economy challenge oil market in 2019: IEA

U.S. crude gains, slowing global economy challenge oil market in 2019: IEA U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC's resolve to support the market with output cuts, the International Energy Agency said on Friday. The IEA, which coordinates the energy policies of industrial nations, said it was keeping its estimate of oil demand growth for this year unchanged at 1.4 million barrels per day, close to 2018 levels.


CVS, Walmart resolve pharmacy contract impasse

CVS, Walmart resolve pharmacy contract impasse On Tuesday, CVS said the companies had failed to agree on pricing and that Walmart was leaving the pharmacy network for prescription drug plans that CVS manages for companies and health insurers and for the government-run Medicaid program for low-income people. Walmart and CVS also said on Tuesday they were still in discussions. "We view the agreement positively for CVS," Cantor Fitzgerald analyst Steven Halper said in a research note, explaining that the loss of Walmart pharmacies could have negatively impacted CVS' ability to sign up customers for its 2020 prescription drug plans.


Can an employer ask you to do tasks not in the job description of a new position? Ask HR

Can an employer ask you to do tasks not in the job description of a new position? Ask HR A job description is rarely an exhaustive list of duties. Managers and recruiters often do not fully anticipate all the tasks that a job encompasses.


3 Americans killed in Syria suicide bombing claimed by ISIS have been identified

3 Americans killed in Syria suicide bombing claimed by ISIS have been identified The attack complicates a messy plan for U.S. withdrawal, a decision Trump's senior advisers disagreed with before offering an evolving timetable for the removal of the approximately 2,000 U.S. troops.


Here's My Top Stock to Buy In 2019

Here's My Top Stock to Buy In 2019 Don't overlook this company as it prepares for what could be its most important product launch ever.


Dunkin' Donuts Worker Dances With Customer Who Has Autism

Dunkin' Donuts Worker Dances With Customer Who Has Autism This doughnut shop just got a lot sweeter.


Explainer: 'Yellow vest' crisis exposes limits of French welfare system

Explainer: 'Yellow vest' crisis exposes limits of French welfare system Driving the unrest is anger about rising living costs - particularly among low-paid workers - and a perception that President Emmanuel Macron is deaf to their needs as he presses on with reforms seen as favoring the wealthy. The following graphics look at underlying economic and social indicators in France to try to explain why so many people believe the system is working against them. IS THE FRENCH WELFARE SYSTEM GENEROUS?


Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial results, published Jan. 17, together with an earnings call transcript. TSMC has not disclosed specific data for its crypto mining business — including it instead within its high-performance computing (HPC) segment.


Rupert Murdoch seeks permission to merge UK's Times and Sunday Times

Rupert Murdoch seeks permission to merge UK's Times and Sunday Times Rupert Murdoch's London-based The Times and Sunday Times have asked the British government for permission to share resources across both titles, a move that is barred under rules imposed when the media mogul bought both newspapers in 1981. John Witherow, editor of The Times, said the cost pressures facing the newspaper industry meant the titles needed to manage their newsrooms as carefully as possible.


UPS driver saves dog from drowning in icy pond: 'She wasn't going to make it'

UPS driver saves dog from drowning in icy pond: 'She wasn't going to make it' Ryan Arens stripped to his boxers to save the dog. After authorities arrived, Arens went on to finish his UPS route, delivering his last 20 packages.


Tesla to cut workforce by 7 percent, sees small fourth-quarter profit

Tesla to cut workforce by 7 percent, sees small fourth-quarter profit The company, which has struggled to achieve long-term profitability and keep a tight lid on expenses, also said it expects fourth-quarter profit to be lower than the previous quarter. Chief Executive Officer Elon Musk said the company would need to deliver at least the mid-range Model 3 version in all markets starting around May, as it needs to reach more customers who can afford the vehicles. In addition, Tesla said it needs to continue making progress toward a lower-priced Model 3.


Tilray's Lock-Up Expiration Serves as a Warning for All Newly Public Pot Stocks

Tilray's Lock-Up Expiration Serves as a Warning for All Newly Public Pot Stocks Lock-up expirations could be a major marijuana stock headwind in the first half of the year.


Schlumberger revenue beats, sees international growth in 2019

Schlumberger revenue beats, sees international growth in 2019 Schlumberger, a bellwether for the oilfield services sector, said recent volatility in crude prices has led to more uncertainty in the spending outlook for oil and gas producers. "Future investments will likely be much closer to a level that can be covered by free cash flow," Chief Executive Officer Paal Kibsgaard said about its U.S. operator customers. Revenue from Schlumberger's North America business rose 0.3 percent year over year to $2.82 billion, while international revenue rose nearly 1 percent to $5.28 billion.


Tesla to cut workforce by 7 percent, increase Model 3 production at lower prices

Tesla to cut workforce by 7 percent, increase Model 3 production at lower prices Saying the road ahead was “very difficult,” Tesla’s CEO Elon Musk said Friday that the company would be cutting its staff by about 7 percent.


Lilly's cancer therapy Lartruvo fails study, shares drop

Lilly's cancer therapy Lartruvo fails study, shares drop Eli Lilly and Co said on Friday its cancer treatment Lartruvo, approved on an accelerated basis in 2016, failed to improve patient survival in a long-term study and will no longer be prescribed, driving shares down 3 percent before the bell. Lartruvo was granted accelerated approval based on mid-stage trial data by the U.S. Food and Drug Administration and a conditional approval by the European Medicines Agency in 2016, with continued approval remaining contingent on the results of a late-stage trial. On Friday, Lilly said the study did not confirm the clinical benefit of Lartruvo, used in combination with the standard-of-care chemotherapy doxorubicin, when compared to doxorubicin alone.


A.J. Gallagher’s 'clean coal' business draws ire of green investors

A.J. Gallagher’s 'clean coal' business draws ire of green investors Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”. A.J. Gallagher has invested in 34 facilities producing so-called refined coal, which is chemically treated to make it burn cleaner and heavily subsidized by the U.S. government. A.J. Gallagher has accumulated about $850 million worth of U.S. government tax credits from the business.


Mourners rally after Sudanese protester's funeral: witnesses

Mourners rally after Sudanese protester's funeral: witnesses Hundreds of mourners launched a spontaneous anti-government demonstration Friday as they returned from the funeral of a protester killed in a rally a day earlier in Sudan's capital, witnesses said. "We are not scared, we will not stop" the protesters shouted, as they took to the streets of Khartoum's eastern district of Buri, the hub of an anti-government rally late on Thursday. The Sudanese Professionals Association, a group spearheading the anti-government rallies across Sudan, said that three people died in Thursday's protests in Khartoum.


As Tesla dives, analysts stay bullish: Job cuts signal 'productivity gains'

As Tesla dives, analysts stay bullish: Job cuts signal 'productivity gains' Job cuts at Tesla is not quite the bad news investors are interpreting it to be, analysts at Jefferies and Oppenheimer said on Friday.


U.S. names three killed in Syria blast claimed by Islamic State

U.S. names three killed in Syria blast claimed by Islamic State Navy Chief Cryptologic Technician Shannon Kent, 35, identified as being from upstate New York, and Scott Wirtz, a civilian Department of Defense employee from St. Louis, died during the Wednesday attack in Manbij, Syria, the Department of Defense said in a statement. The Pentagon did not identify the fourth person killed, a contractor working for a private company.


Modi's pre-election handouts to cost India billions, breach fiscal targets: sources

Modi's pre-election handouts to cost India billions, breach fiscal targets: sources Much of the cost of the extra spending or revenue losses would have to be borne by the government that will take charge after the election due by May. The spending is also likely to delay plans to reduce the government's budget deficit, a key indicator of the nation's economic health. Modi's Bharatiya Janata Party (BJP) lost three major state elections at the end of last year, largely due to anger in rural India in the face of low crop prices and rising costs. The government is expected to unveil handouts mostly aimed at farmers in an interim budget to be presented on Feb. 1, said the sources, both government officials.


$11 toothpaste: Immigrants pay big for basics at private ICE lock-ups

$11 toothpaste: Immigrants pay big for basics at private ICE lock-ups By Michelle Conlin and Kristina Cooke NEW YORK/SAN FRANCISCO (Reuters) - Detained in a California lockup with hundreds of other immigrants seeking asylum, Duglas Cruz faced a choice. He could content himself with a jailhouse diet that he said left him perpetually hungry. Or he could labor in the prison's kitchen to earn money to buy extra food at the commissary. Cruz went to work. But his $1-a-day salary at the privately run Adelanto Detention Facility did not stretch far. A can of commissary tuna sold for $3.25. ...


Better Buy: Bitcoin Investment Trust vs. Bitcoin (BTC)

Better Buy: Bitcoin Investment Trust vs. Bitcoin (BTC) Which is the better way to add the leading cryptocurrency to your portfolio?


Does Brioschi Sviluppo Immobiliare spa’s (BIT:BRI) CEO Pay Matter?

Does Brioschi Sviluppo Immobiliare spa’s (BIT:BRI) CEO Pay Matter? In 2015 Matteo Cabassi was appointed CEO of Brioschi Sviluppo Immobiliare spa (BIT:BRI). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of Read More...


How Much Of EMX Royalty Corporation (CVE:EMX) Do Insiders Own?

How Much Of EMX Royalty Corporation (CVE:EMX) Do Insiders Own? The big shareholder groups in EMX Royalty Corporation (CVE:EMX) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have Read More...


Brazil's farm minister worried about Israel embassy move

Brazil's farm minister worried about Israel embassy move BRASILIA (Reuters) - Brazilian Agriculture Minister Tereza Cristina Dias said on Friday the farm sector is worried that President Jair Bolsonaro's plan to move Brazil's embassy in Israel to Jerusalem could hurt halal meat exports to Muslim countries. "Of course the agricultural sector that I represent is worried," Dias told Reuters, when asked about possible repercussions for trade with Arab countries if the embassy were to be moved. "Brazil cannot lose markets, we need to open new markets," she said. (Reporting by Anthony Boadle; Editing by Chizu Nomiyama)


Austrian data privacy activist files complaint against Apple, Amazon, others

Austrian data privacy activist files complaint against Apple, Amazon, others Apple and Amazon are among eight tech firms named in a complaint filed in Austria by non-profit organization noyb, which cited their failure to comply with the European Union's General Data Protection Regulation (GDPR). The action by noyb, chaired by data privacy activist Max Schrems, also named Netflix, Spotify and Youtube, after it tested them by requesting private data the companies hold about the user.


This Analyst Makes the Bull Case for U.S. Equities

This Analyst Makes the Bull Case for U.S. Equities Brian Reynolds says strong demand for corporate bonds and attractive valuations after the fourth-quarter rout in equities will encourage companies to take on debt and use the proceeds to reward shareholders or pursue mergers and acquisitions. If Reynolds is right, the debt-funded buybacks could be a boon to U.S. stock investors confronting the possibility that the S&P 500 Index’s longest-ever bull market is coming to an end amid slower corporate earnings growth and a trade war that could damp global growth.


2 Stocks to Buy With Dividends Yielding More Than 5%

2 Stocks to Buy With Dividends Yielding More Than 5% You don’t need to sacrifice growth potential to get excellent income from your stocks.


Lebanon's FM calls for Syria's return to Arab League

Lebanon's FM calls for Syria's return to Arab League BEIRUT (Reuters) - Lebanon's Caretaker Foreign Minister Gebran Bassil called on Friday for reinstating Syria into the Arab League. "Syria should return to us...Syria should be in our embrace instead of throwing it into the embrace of terrorism," he told Arab foreign and economy ministers at a summit that Beirut is hosting. (Reporting by Ellen Francis; Editing by Raissa Kasolowsky)


Investors Are Undervaluing Catena Media p.l.c (STO:CTM) By 32.95%

Investors Are Undervaluing Catena Media p.l.c (STO:CTM) By 32.95% I am going to run you through how I calculated the intrinsic value of Catena Media p.l.c (STO:CTM) by taking the expected future cash flows and discounting them to their Read More...


Real Risks To Know Before Investing In HarborOne Bancorp, Inc. (NASDAQ:HONE)

Real Risks To Know Before Investing In HarborOne Bancorp, Inc. (NASDAQ:HONE) Improving credit quality as a result of post-GFC recovery has led to a strong environment for growth in the banking sector. HarborOne Bancorp, Inc. (NASDAQ:HONE) is a small-cap bank with Read More...


ArcelorMittal (MT) Announces Issuance of Fixed Rate Notes

ArcelorMittal (MT) Announces Issuance of Fixed Rate Notes ArcelorMittal (MT) to use the proceeds of the issuance for general corporate purposes.


Baxter (BAX) Gains From Sharesource's Global Success Rates

Baxter (BAX) Gains From Sharesource's Global Success Rates Baxter's (BAX) PD platform sees increased demand, owing to rising CKD rates around the world.


Here's Why Investors Should Hold AngioDynamics (ANGO) Now

Here's Why Investors Should Hold AngioDynamics (ANGO) Now AngioDynamics' (ANGO) flagship NanoKnife System is currently witnessing robust demand.


U.S., China to Reach a Trade Deal? ETF Areas to Gain

U.S., China to Reach a Trade Deal? ETF Areas to Gain U.S.-China trade officials are reportedly trying hard to resolve trade differences. These ETF areas should gain.


‘Goldilocks Economy’ References Doomed as Global Storms Set In

‘Goldilocks Economy’ References Doomed as Global Storms Set In Trade-war side effects and cyclical weakness are tangled up in ugly economic data that continues to pile up across the board, while the prolonged U.S. government shutdown is making it harder to track the world’s biggest economy. It’s a grim week in global growth when the brighter take is that Italy’s more in stagnation than recession. Outside of sour trade data, China also saw its first car sales dip three decades, adding to a slowdown that has the government cutting taxes to nudge consumption.


Is Shawcor Ltd.’s (TSE:SCL) Balance Sheet A Threat To Its Future?

Is Shawcor Ltd.’s (TSE:SCL) Balance Sheet A Threat To Its Future? Shawcor Ltd. (TSE:SCL) is a small-cap stock with a market capitalization of CA$1.3b. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end Read More...


Former Afghan security adviser enters race for president

Former Afghan security adviser enters race for president A former national security adviser entered Afghanistan's presidential race on Friday, seeking to unseat his former boss President Ashraf Ghani with the promise of a renewed effort to bring peace to the country. Mohammad Hanif Atmar, the country's top security official for four years before he quit in August over policy differences with Ghani, is seen by analysts as a leading contender in the election now expected in July. Announcing his candidacy in Kabul, Atmar said he welcomed peace talks with the Taliban but added he would not accept the return of a Taliban regime.


Is Self Storage Group ASA’s (OB:SSG) High P/E Ratio A Problem For Investors?

Is Self Storage Group ASA’s (OB:SSG) High P/E Ratio A Problem For Investors? This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at Self Storage Group ASA's (OB:SSG) P/E ratio and Read More...