Новости за 11.10.2016

Atlas Air Worldwide Holdings and Boeing Co. announced Tuesday a deal to convert nine 767 wide-body passenger planes into converted freighters, up from an order of four planes previously-announced in July. In May, Atlas Air had announced a deal to provide air cargo services to Amazon.com Inc. , including the operation of 20 767 freighters. Atlas Air's stock, which was still inactive in premarket trade, has gained 3.8% year to date, while the NYSE Arca Airline Index has climbed 6.9% and the S&P... Читать дальше...

Yum Brands separates China business in plan to drive growth

Yum Brands Inc. on Tuesday outlined plans to drive growth at its KFC, Pizza Hut and Taco Bell chains once the separation of its China business is complete, which is expected after the close of business on Oct. 31. "As a 'pure play' franchisor, the transformed Yum! Brands will become more efficient and capital light with an optimized capital structure, improved cash flow and laser-like focus on our key strategies to drive same-store sales and new unit growth worldwide," Chief Executive Greg Creed said in a statement. Читать дальше...

Virgin America Inc. was upgraded to neutral from underperform at J.P. Morgan after the analysts said the approval of the merger with Alaska Air appears to be "more likely than not." The analysts say the deal appears to have "meager" regulatory hurdles and that there don't appear to be any troublesome markets, but still cautioned that the Department of Justice appears to have some concerns. "Never go in against a Sicilian when death is on the line, and never assume the DOJ rubber stamps an airline merger," they wrote. Читать дальше...

Shares of Seagate Technology PLC climbed 1.6% in premarket trade Tuesday, after the data storage company raised its fiscal first-quarter revenue outlook. The company said it now expects revenue of about $2.8 billion, compared with its previous outlook of "at least" $2.7 billion, and the FactSet consensus of $2.74 billion. The gross margin outlook is now 29%, up from its previous outlook of "at least" 27%. The stock has tacked on 3.6% year to date through Monday, while the S&P 500 has gained... Читать дальше...

Alcoa's stock sinks 7% premarket after earnings, sales miss Street forecast

Shares of Alcoa Inc. dropped 5.9% in premarket trade Tuesday, after the aluminum giant kicked off the third-quarter earnings season by missing profit and sales expectations. This will be the last quarterly report for Alcoa before it splits into two companies. Net earnings rose to $166 million, or 33 cents a share, from $44 million, or 6 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to 32 cents, below the FactSet consensus of 33 cents. Читать дальше...

ConAgra Foods Inc. announced an increase to its share repurchase program Tuesday as well as a Nov. 9, 2016 distribution date for the spin-off of its Lamb Weston Business. The record date is Nov. 1, 2016. The holders of ConAgra Foods' common shares will receive 100 percent of the common shares of Lamb Weston in the spin-off. The distribution is still subject to closing conditions. ConAgra Foods Inc. will be renamed Conagra Brands Inc. upon completion of the spin-off. The company's board of directors... Читать дальше...

General Electric Co. said Tuesday that it plans to buy Denmark-based LM Wind Power for $1.65 billion, as the company looks to add wind turbine blade design and manufacturing into its renewable energy business. GE expects the deal to close in the first half of 2017, and add to earnings in 2018. "This combination will help sustain growth in the wind power industry," said Jerome Pecresse, chief executive of GE Renewable Energy. "Simply stated, we'll be more local, have more flexibility and knowledge in turbine design and supply... Читать дальше...

Rent-A-Center Inc. said Tuesday it expects third-quarter earnings per share, on both a GAAP and adjusted basis, of 5 cents to 15 cents. That's well below the FactSet EPS consensus of 39 cents. U.S. same-store sales are expected to be down about 12%, while same-store sales for its Acceptance Now brand stores are expected to be flat. "Following the implementation of our new point-of-sale system, we experienced system performance issues and outages that resulted in a larger than expected negative... Читать дальше...

U.S. stock futures are logging moderate losses as crude prices ease and as investors wait for earnings from Alcoa.

U.S. stock futures are logging moderate losses as crude prices ease and as investors wait for earnings from Alcoa.

Oil slightly lower, but sticks near Monday’s closing highs as news Russia will support the Organization of the Petroleum Exporting Countries’ decision to cut oil production continues to buoy prices..

Can this son put a lien on his father’s estate for child support arrears?

Can this son put a lien on his father’s estate for child support arrears?

Buyer beware: The run may be over, or at least slowing, after being ‘priced for a recession.’

Why your home remains a risky financial castle

Samsung Electronics says it will permanently discontinue production and sales of its Galaxy Note 7 smartphone, pulling the plug on a much-hyped premium smartphone after a string of fires.

Samsung Electronics says it will permanently discontinue production and sales of its Galaxy Note 7 smartphone, pulling the plug on a much-hyped premium smartphone after a string of fires.

If a retired individual moves abroad, can he or she still collect Social Security? What about Medicare?

If a retired individual moves abroad, can he or she still collect Social Security? What about Medicare?

Containing energy costs can curb your losses

In some cases, borrowing money helps build wealth. Most people need a mortgage to buy a home, for instance, and student loans allow many people get an education that leads to a career.

In some cases, borrowing money helps build wealth. Most people need a mortgage to buy a home, for instance, and student loans allow many people get an education that leads to a career.

European stocks are darting between small gains and losses, but luxury shares are rising following financial results from LVMH.