Saturday, September 23, 2017

Morgan Stanley downgrades LinkedIn; skeptical of its growth potential

Analysts from Morgan Stanley are reversing their bullish outlook for LinkedIn and said that the company is a "platform at the crossroads of uncertainty." The bank's shift to "equalweight" from "overweight" is the latest in a series of cuts for LinkedIn that has posted weak earnings last month.

NHL GMs to look into possibility of holding expansion draft

NHL general managers are looking at the possibility of conducting an expansion draft to give new franchises a chance to be competitive, with the possible entry of Las Vegas and Quebec. The framework of an expansion draft is expected to be discussed at the upcoming NHL GM's meetings.

Rebel Entertainment Partners files lawsuit against CBS for ‘Judge Judy’ show

A Hollywood agency called Rebel Entertainment Partners has filed a breach of contract lawsuit against CBS regarding the show "Judge Judy" noting that they have not been paid since 2010 for their contractually obligated payments.

AT&T Inc. to spend $10B to expand global business solution

AT&T Inc. is looking to pour almost $10bn in investments this year to deliver its integrated solutions for businesses in a global scale.

3 Things To Focus On If You Have Student Loans

While new graduates may be done with college, they might have little to no idea about what lies ahead. A majority of students who attend college acquire student loans to do so, and once they are done, they are liable to pay those student loans. Here are the top three things to do if you want your repayments to...

The Oil Kingdom in Crisis amid Falling Prices

Falling prices of oil have left the Kingdom on the brink of a financial crisis. At the start of this year, the Monarchy ruled by the Saud Family unveiled a budget deficit for 2015 standing at a massive $66 billion. This was a high 15 percent of their annual GDP. This comes after oil prices continued to slide further...

U.S. markets recover after 565-point Dow drop

The major U.S. stock indices rallied back from earlier losses on Wednesday with the Dow Jones Industrial Average recovering from a 565-point loss to close 249 points or 1.6 percent down to 15,767 at the close of trading.

Clemson last-minute TD drive shifts millions of dollars in Las Vegas

Clemson's last-minute touchdown drive may be an exercise in futility but it caused millions of dollars to shift from one side to the other in Las Vegas sportsbook. When the game kicked off, the Westgate Las Vegas SuperBook had Clemson as a 6.5-point underdog to Alabama.

For Hospitals, Prestige Leads To Profits

A new study explores why the most profitable U.S. hospitals are who they are.

How Medicare Drug Plans Hope To Follow Private Sector...

The proposal that Medicare made this month to better control prescription drug costs involves testing strategies used with some success in the private sector.

California Voters Will Have Their Say On Drug Prices

Heated battle expected over November ballot proposal to curb state's prescription drug costs, as pharmaceutical industry opens its pocketbook to defeat the measure.

How You Can Easily Pay Off Your Holiday Debt

If you are just recovering from the holiday hangover...

Despite Kvetching, Most Consumers Satisfied With Health Plans: Poll

The survey by the Kaiser Family Foundation shows that 71 percent of people with insurance believe their services are excellent or good.