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November Home Sale Prices Moved up in November by 5.3 Percent

Real Estate - Wed, 01/27/2016 - 09:29

November Home Sale Prices Moved up in November by 5.3 Percent

A data released on Tuesday revealed that home sales prices in the United States moved up 5.3 percent in November which indicates a growth streak which the economists warned is posing a threat to affordability, mostly in the coastal markets.

The hot home sales market results from a solid hiring spree, shortage of houses in the market as well as low mortgage rates.

The S&P/Case-Shiller U. S. National Home Price Index revealed that, in November home sales prices climbed 5.3 percent at a seasonally adjusted rate on a year on year basis.

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VMware to Trim Eight Hundred Jobs; Revenue Forecast for 2016 Misses Analysts’ Expectations

New Zealand - Wed, 01/27/2016 - 09:19

VMware to Trim Eight Hundred Jobs; Revenue Forecast for 2016 Misses Analysts’ Ex

The cloud and virtualization software and services provider VMware Inc forecasted its revenue expectations for 2016 which missed the analysts' expectations. This hints that the software manufacturer's healthy growth in new businesses did not properly offset or compensate the weakness it faced in the conventional server-virtualization software business.

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Slow Customer Growth in Mobile Phone Pushes AT&T to Other Options

New Zealand - Wed, 01/27/2016 - 09:15

Slow Customer Growth in Mobile Phone Pushes AT&T to Other Options

The wireless market for AT&T is no more what it used to be and once that was the company's main earning source. Now Dallas- based AT&T is depending more on its video leaving the traditional wireless service second.

The second-largest phone company of the nation has faced sluggish growth last year with many of its phone customers opting for cheaper offers from its rivals like T-Mobile and Sprint. However, chasing these customers is not what AT&T has in mind; instead it is focusing on serving customers better in other ways.

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Higher Oil Price and Healthy Q4 Results Push Key Indexes

US News - Wed, 01/27/2016 - 09:02

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After dipping the day before, on Tuesday stocks climbed as crude prices made another abrupt turn with a four percent jump.

Energy stocks also moved ahead with the oil price allowing Chevron and Exxon Mobil to make huge gains. Exxon Mobil picked 3.7 percent or $2.72, to $76.70 and Chevron climbed 4 percent or $3.23 to $84.12.

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Sprint Eases Worry of the Investors with Shares Climbing

US News - Wed, 01/27/2016 - 08:58

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Sprint Corp., the wireless carrier might just have won the worried investors on its side as the company reported gains on Tuesday during its quarterly update.

Customer counts of the company climbed and so did the progress on major elements in the company's complex turnaround plan. Following the report, the company's shares scaled up 18.7 percent.

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Oprah Winfrey Can Play a Big Role in Turning Around Weight Watchers with Her Weight Loss Statements

US News - Wed, 01/27/2016 - 08:53

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A few words from a celebrity can do so much to the company shares, especially when it comes from the mouth of the media mogul Oprah Winfrey herself.

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JPMorgan Chase Upgrading its ATMs to Allow Cash Withdrawal via Smartphones

US News - Wed, 01/27/2016 - 08:42

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Soon the phone can be used as an alternative for the ATM card as it seems that devices are getting smarter fast.

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Green Dot says it’s Confident about Its “Road Map for Growth

US News - Tue, 01/26/2016 - 07:15

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Steve Streit, the CEO of Green Dot Corporation is facing pressure from a San Francisco hedge fund to be moved out of office. Harvest Capital Strategies, which has 6.2 percent, stake in Green Dot sys that the longtime chief executive has not been able to manage the company properly which resulted in huge losses in the past few years.

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FedEx Expansion Continues; New Facility being Built in Cypress

US News - Tue, 01/26/2016 - 07:13

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Right at the beginning of the week, on Monday, FedEx said it is building a new distribution center in Cypress. The new distribution ware house for FedEx will be the biggest one for the company.

It is expected to be completed by 2017 and will sprawl over 800,000 square feet. The new facility will come in a location that's west of the Grand Parkway and north of FM 529.

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Human Breast milk can help destroy antibiotic-resistant superbugs

US News - Tue, 01/26/2016 - 02:51

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According to a new study, a part of a protein in human breast milk could be used to kill a certain type of drug-resistant bacteria.

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Human Breast milk can help destroy antibiotic-resistant superbugs

Health News - Tue, 01/26/2016 - 02:51

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According to a new study, a part of a protein in human breast milk could be used to kill a certain type of drug-resistant bacteria.

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Categories: Health News

UK and Bill Gates to work to eradicate malaria

US News - Tue, 01/26/2016 - 02:47

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United Kingdom's Chancellor George Osborne has joined tech billionaire Bill Gates to work to eradicate themalaria disease from the world.

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UK and Bill Gates to work to eradicate malaria

Health News - Tue, 01/26/2016 - 02:47

image/jpeg iconmalaria.jpg

United Kingdom's Chancellor George Osborne has joined tech billionaire Bill Gates to work to eradicate themalaria disease from the world.

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Categories: Health News

Crude Oil Imports in Japan Drop in 2015 as Demand Slows

US News - Mon, 01/25/2016 - 07:40

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Last year, crude oil imports from Japan dropped to its lowest level since 1988. The reason behind the drop in imports being low demand with introduction of more fuel efficient vehicles and lower population.

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Christine Lagarde has Support from Key Economies for a Second Term in IMF’s Top Job

US News - Mon, 01/25/2016 - 07:39

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Christine Lagarde, the Managing Director of the International Monetary Fund used the last day of the World Economic Forum in Davos to announce her candidacy for another term in office and secured quick support from all directions. The news that she might be facing possible trial in France did not stop the leaders from rendering support to her for a second term.

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Troubled Days seem to be Over for McDonald’s; Expectations are High from the Fourth Quarter Sales Report

US News - Mon, 01/25/2016 - 07:34

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Good times might just be back for McDonald's after suffering losses for several quarter and sluggish growth. Expectations are high as McDonald's is scheduled to announce its sales and earnings report for the last quarter of 2015 on January 25.

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Some Top Executives may Exit from Twitter Soon

US News - Mon, 01/25/2016 - 07:31

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Twitter is heading for changes and not just one. Reportedly, the social media site will be losing some of its senior executives soon.

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New treatment with brain 'sat nav' to help remove tumours

US News - Sun, 01/24/2016 - 03:25

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Health experts said that a new brain 'satnav' will allow surgeons to reach and remove tumours that were inoperable earlier and without damaging the healthy tissue.

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New treatment with brain 'sat nav' to help remove tumours

Health News - Sun, 01/24/2016 - 03:25

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Health experts said that a new brain 'satnav' will allow surgeons to reach and remove tumours that were inoperable earlier and without damaging the healthy tissue.

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Categories: Health News

Expectations High on McDonald’s Fourth Quarter Sales and Earnings Report

US News - Sun, 01/24/2016 - 03:17

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On Monday, McDonald's is scheduled to report its fourth quarter sales and earnings and expectations are high this time. Analysts' are hoping that the fast food chain will keep the momentum going which it pick up in Q3 with same-store sales growth of 0.9 percent. In two years, it was the very first a sales increase was reported by the largest fast food chain.

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