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  • 09/22/2017 10:18:22

    Fed's George wants to put QE 'in a box,' never to be reopened

    Kansas City Fed President Esther George said Friday she hoped the central bank would put its "quantitative easing" bond-buying program "in a box" and not used again, according to a report by Reuters. In a speech in Oklahoma City, George said she was pleased with the muted reaction in the market to the Fed decision Wednesday to start the plan to allow assets to run off the balance sheet. George, who will not be a voting member of the Fed policy committee until 2019, said the recent spate of low inflation readings is no reason for the Fed to delay further interest rate hikes. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 09/21/2017 09:06:55

    I spent $150 on an Xbox controller, and it was totally worth it

    When I became a man, I put away childish things—and picked up the Elite.        

  • 09/20/2017 12:02:00

    Why the Bankruptcy Code is turning into a double-edged sword for banks

    Are banks getting boxed in after introduction of the Bankruptcy Code? The signs are pointing that way. Not only are they looking at prospects of steep haircuts (write-offs) on their loans; the Code would mean banks losing their business to the bond market. The Code is also upsetting the traditional rules of the games, where banks sold the personal guarantor's assets if a company was in default. This Monday, the Chennai bench of the National Company Law Tribunal (NCLT) ruled against State Bank of India (SBI) trying to do so. The case in question is between Veesons Energy Systems and SBI, in which the bench ruled in favour of the former's promoter and managing director, V Ramakrishnan, who gave personal guarantees to banks. SBI notified Veesons and Ramakrishnan on November 12 last year that the personal assets would be sold off. The company challenged it, stating it had applied to the Board for Industrial and Financial Reconstruction and till its application was decided, dues could not .

  • 09/15/2017 00:16:44

    BRIEF-Indivior asserts new patent against Anda-filers


  • 09/13/2017 14:25:17

    Star wars fans, it's your time—this Blu-ray box set is crazy cheap right now

    You can get Star Wars: The Complete Saga, episodes I-IV, for only $75 on Amazon right now.        

  • 09/12/2017 09:24:50

    My Little Pony, Matchbox cars among finalists for National Toy Hall of Fame

    The paper airplane, Wiffle Ball, Clue, Magic 8 Ball, PEZ Candy dispenser, play food, sand, Transformers, Risk and Uno round out the toy hall of fame finalists.        

  • 09/11/2017 11:11:07

    BRIEF-Dropbox adds Hewlett Packard Enterprise's CEO Whitman to its board - blog

    * Dropbox says adds Hewlett Packard Enterprise's President and Chief Executive Officer Meg Whitman to its board Source text ( Further company coverage:

  • 09/10/2017 21:33:35

    'It' had the best R-rated horror film debut ever

    After just three days in theaters, "It" has broken at least six different box-office records on its way to $117 million. Video provided by Newsy        

  • 09/10/2017 11:35:49

    Steven King’s “It” Surges To $117 Million Box Office Hit

  • 09/04/2017 05:06:28

    Labor Day Box Office Worst Since 2000

  • 08/31/2017 14:02:46

    50 Worst Summer Box Office Weekends

  • 08/30/2017 14:16:48

    Box shares drop despite earnings beat

    Box Inc. announced quarterly earnings Wednesday that beat expectations across the board, but shares still sank in late trading. The software company said it had a fiscal second-quarter loss of 30 cents a share on sales of $122.9 million, a revenue increase of 28% from the same quarter a year ago. After adjustments for stock-based compensation and other effects, Box said its losses were 11 cents a share, up from a loss of 14 cents a share a year ago. Analysts on average expected Box to report adjusted earnings of 13 cents a share on sales of $121.7 million, according to FactSet. Box reported billings, a metric that reflects contracts signed for future business, of $139.5 million, beating an average analyst estimate of $134.3 million, according to FactSet. Box also narrowed its estimates for full-year performance bringing up the low end of its forecast for losses and revenue; the company now expects to lose 44 cents a share to 46 cents a share after adjustments for the 2018 fiscal year on sales of $503 million to $506 million. Box stock, which has gained 41.6% so far this year, dropped more than 4% in late trading.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 08/30/2017 14:14:18

    BRIEF-Cloud storage provider Box's Q2 revenue rises 28.4 pct

    * Box reports 28 percent revenue growth and 31 percent billings growth for fiscal second quarter 2018

  • 08/30/2017 14:13:07

    Cloud storage provider Box's revenue rises 28.4 pct

    Aug 30 (Reuters) - Box Inc reported a 28.4 percent rise in quarterly revenue on Wednesday as the cloud storage provider added more customers.

  • 08/28/2017 16:56:14

    Showtime hit with lawsuits over Mayweather fight pay per view

    Two U.S. boxing fans have filed lawsuits against cable TV provider Showtime over the quality of the livestream for the much-hyped weekend fight between Floyd Mayweather and Conor McGregor.

  • 08/28/2017 14:51:34

    Western Digital acquires startup UpThere for cloud storage

    Western Digital Corp. announced Monday afternoon that it has acquired the assets of startup Upthere, an app-based cloud-storage offering meant to challenge services like Dropbox. Terms of the deal were not announced. Western Digital, known for storage hardware, will incorporate the Upthere services into its consumer offerings and place Barbara Nelson in charge of its cloud services division. UpThere received $77 million in venture funding in July 2016, led by Western Digital's capital-investment arm and well-known Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers. Upthere, which counts two former Apple executives among its co-founders, wanted users to upload content such as photos, music, documents and more to their platform and access them from anywhere. Another Apple veteran, Chris Bourdon, was acting as chief executive at Upthere and will join Western Digital as a "strategic leader." Western Digital shares did not move in late trading after the announcement Monday, but have gained more than 33% so far this year, beating the S&P 500 index's gain of 9.1% in that time.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 08/27/2017 15:36:30

    American Movies Post Worst Box Office In 15 Years

  • 08/23/2017 15:35:05

    Amazon's 'The Tick' pokes fun at world of comic book superheroes

    LOS ANGELES, Aug 23 (Reuters) - Marvel and DC Comics superheroes may be battling for box office domination, but on the small screen, a little known blue superhero is offering up a satirical take on larger-than-life crusaders for justice.

  • 08/23/2017 12:55:18

    We never had school lunch like this

    These kid-friendly bento-style lunch boxes put paper bags to shame.        

  • 08/21/2017 12:49:40

    Yes, there are actually benefits to drinking boxed wine

    Go ahead and buy the box! There are benefits to drinking wine in a box over the bottled variety.        

  • 08/21/2017 09:02:00

    Walmart expands grocery delivery service using Uber

    The big-box store now offers grocery delivery in six markets around the United States.        

  • 08/17/2017 11:40:31

    BRIEF-U.S. FDA approves Pfizer's leukemia drug Besponsa ‍​

    U.S. Food and Drug Administration: * U.S. FDA approved Besponsa for the treatment of adults with relapsed or refractory B-cell precursor acute lymphoblastic leukemia ‍​. * FDA granted the approval of Besponsa to Pfizer Inc.‍​. * Prescribing information for Besponsa includes a boxed warning that severe liver damage occurred in some patients who took Besponsa‍​. * Boxed warning also i...

  • 08/15/2017 13:37:49

    Investors are misinterpreting positive benefit of $10 MoviePass on cinemas

    MoviePass, a movie theater subscription service, on Tuesday unveiled plans to lower the cost of its subscription to $10 a month from $30-and-up. Shares of AMC Entertainment Holdings Inc. , which have already been beaten up recently, fell as much as 5.8% during the day. It was followed down by shares of Imax Corp. , which fell 2.4%, Regal Entertainment Group's 1.9% drop, Marcus Corp.'s 1.5% fall, while Cinemark Holdings fell as much as 1%. MoviePass allows members to see a movie a day for just $10 a month. B. Riley analyst Eric Wold wrote in a note to investors that he believed investors were misinterpreting the MoviePass news as a negative for the box office and film exhibitors. "The key thing to keep in mind is that MoviePass cannot do this in a bubble -- they needed the approval of both studios and exhibitors, who would not sign off on anything that was detrimental to their financial outlook," Wold wrote. "Studios and exhibitors are not taking a discount under the MoviePass model. We understand that MoviePass is absorbing the ticket discount and hoping to make up the discount through monetizing the data and the breakage." Wold said this is a positive for the cinema group as well as box office and concession results, though he believes it will be a small benefit. Shares of AMC have declined nearly 61% in the year to date, while Imax shares are down nearly 41%, Regal Entertainment and Marcus Corp shares are both down almost 19% and shares of Cinemark are down 6%. By comparison, the S&P 500 index is up more than 10%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 08/13/2017 10:02:37

    Insider Q&A: Scary forecasts at the box office

    Insider Q&A: Movie theater companies say the US box office is falling short of their expectations this summer

  • 08/10/2017 23:16:00

    Atlanta police officer challenges owner of 'no cops' gym to a boxing match

    Atlanta police officer Tommy LeFever explained why he challenged Atlanta gym owner Jim Chambers, who banned cops from his facility, to a boxing match.

  • 08/10/2017 09:15:59

    Cinema stocks continue to suffer as AMC shares fall nearly 5%

    Shares of cinema chain AMC Entertainment Holding Inc. were down as much as 4.8% during intraday trade on Thursday. The stock's move led a selloff in the cinema group, with Regal Entertainment Group , Cinemark Holdings Inc. , Marcus Corp. and Imax Corp. were all down nearly 2%. There was no news to point to for the share moves, but cinema stocks, and AMC in particular, have had a rough go of it recently as poor box office returns have dominated headlines, dragging down quarterly earnings and threats of shrinking theatrical windows and digital disruption continue to loom. Earlier this week, Walt Disney Co. , which has for a long time steered clear of certain streaming shifts, said it plans to launch its own standalone streaming service for its content in 2019 and end its current licensing deal with Netflix Inc. . "The industry is facing several issues, which is causing people to question the cyclical vs. structural issues for the industry," wrote MKM analyst Eric Handler in an email. Also this week AMC said it was selling its 50% ownership stake in Oscar-winning production studio Open Road Films, which it co-owned with Regal Entertainment. The sale was part of the theater chain's plan to monetize some of its assets and cut cost to combat box office volatility. Shares of AMC have declined more than 56% in the year to date, while the S&P 500 index is up nearly 10%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 08/09/2017 14:49:57

    Jack in the Box shares rise in after-hours trading on third-quarter earnings

    Jack in the Box Inc. shares jumped 1.9% in after-hours trading Wednesday after the fast food chain reported third-quarter earnings results that missed expectations. The company logged adjusted earnings per share of $0.99 on sales of $357.8 million. Analysts surveyed by FactSet had modeled adjusted EPS of $1.05 and revenue of $360 million. Same store sales fell 0.2% at Jack in the Box company and franchise stores, while its Mexican unit Qboda rose 0.5% overall. Executives issued fiscal year EPS guidance of $4.00 to $4.15. Jack in the Box shares have fallen 15.6% this year, and the S&P 500 has gained 10.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 08/09/2017 09:11:19

    Birchbox in acquisition talks with a number of retailers, including Wal-Mart: Recode

    Birchbox, the subscription beauty service, has been in talks with a number of retailers about being acquired, including Wal-Mart Stores Inc. , according to Recode. Wal-Mart has recently purchased a number of online sites, including ModCloth and Bonobos. It paid more than $3 billion for in 2016. Marc Lore, Walmart U.S.'s e-commerce head, was in discussions with Birchbox's Chief Executive and Co-Founder Katia Beauchamp. Birchbox underwent two rounds of layoffs in 2016 after investment stalled. It generates $200 million in annual sales, according to Recode. The company had to secure $15 million in investment last summer after a focus on e-commerce growth. They've raised more $80 million in total and some of that is coming due. Wal-Mart shares are up 0.3% in Wednesday trading, and up 17.7% for the year so far, outpacing the S&P 500 index , which is up 10.3% for 2017 so far.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 08/08/2017 10:06:43

    BRIEF-Warner Bros. Pictures says “Wonder Woman” worldwide box office total over $794 mln to date‍​

    * Warner Bros. Pictures says “Wonder Woman” ropes in $400 million at the domestic box office, taking it to a worldwide total of more than $794 million to date‍​ Source text for Eikon: Further company coverage:

  • 08/04/2017 09:57:27

    Shares of theater chain AMC gain 10% as investors shrug off disappointing Q2 earnings

    Shares of AMC Entertainment Holdings Inc. rose as much as 10% on Friday from Thursday's close, despite the company reporting softer-than-expected revenue and a slightly wider loss in the second quarter than Wall Street was expecting. Investors seemed to shrug off the earnings miss, after AMC issued a profit warning earlier in the week and shares tanked as much as 27%. They focused on the company's $100 million buyback announcement and the cinema chain's plans to stabilize the business in the face of volatile box office returns. AMC Chief Executive Adam Aron said, "I also plan individually to buy AMC stock on the open market with personal monies within the next 60 days." In the company's quarterly report Aron laid out plans for confronting the challenges ahead, including streamlining operating costs and seeking revenue enhancement opportunities. AMC management is also looking to reduce capital expenditures by $100 million in the latter half of 2017 and an additional $100 million in 2018, while identifying roughly $400 million in non-strategic assets that could be monetized over the next two years. AMC is doubling down on its investment in concessions and premium recliner seating, and is positive on the industry's future and the company's position in it. "We remain optimistic about our ability to deliver meaningful value to our shareholders," Aron said in a statement. "Consumer demand to go to the movies was robust as 2017 started out in the first quarter. And just ahead of us is a strong fourth quarter film slate, that creates the opportunity to lessen the angst surrounding box office weakness industry-wide in the second and third quarters of 2017." Shares of AMC have lost more than 52% in the year so far, while the S&P 500 index has gained nearly 11%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

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