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FIAT CHRYSLER AUTOMOBILES N.V.: The FCA Board to review potential separation of Magneti Marelli in the second quarter of 2018

Feb 28, 2018 21:22 pm UTC| Business

Fiat Chrysler Automobiles ("FCA") (NYSE: FCAU MTA: FCA) announced today that the Company is continuing its review of the potential separation of FCA's subsidiary Magneti Marelli S.p.A. ("Magneti Marelli") The Board...

Ramco-Gershenson Properties Trust Announces First Quarter 2018 Common and Preferred Share Dividends

Feb 28, 2018 21:22 pm UTC| Business

FARMINGTON HILLS, Mich., Feb. 28, 2018 -- Ramco-Gershenson Properties Trust (NYSE:RPT) (the “Company”) today announced that its Board of Trustees declared a first quarter cash dividend of $0.22 per common share at its...

Kratos’ Fourth Quarter and Fiscal 2017 Financial Results Exceed Company’s Estimates

Feb 28, 2018 21:20 pm UTC| Business

Fourth Quarter 2017 Revenues of $202.2 Million Increase 11.0 Percent over Fourth Quarter of 2016 Fiscal 2017 Revenues of $751.9 Million Increase 12.4 Percent over Fiscal 2016 Kratos Unmanned Systems Division Fiscal...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Wells Fargo & Company of Class Action Lawsuit and Upcoming Deadline – WFC

Feb 28, 2018 21:17 pm UTC| Business

NEW YORK, Feb. 28, 2018 -- Pomerantz LLP announces that a class action lawsuit has been filed against Wells Fargo Company (“Wells Fargo” or the “Company”) (NYSE:WFC) and certain of its officers. The class...

Corium Announces Proposed Offering of $100 Million of Convertible Senior Notes; Receives FDA Feedback on Pilot Bioequivalence Study

Feb 28, 2018 21:16 pm UTC| Business

MENLO PARK, Calif., Feb. 28, 2018 -- Corium International, Inc. (Nasdaq:CORI), a commercial-stage biopharmaceutical company focused on the development, manufacture and commercialization of specialty transdermal...

CafePress Reports Results for Fourth Quarter and Fiscal Year 2017

Feb 28, 2018 21:15 pm UTC| Business

LOUISVILLE, Ky., Feb. 28, 2018 -- CafePress Inc. (NASDAQ:PRSS) ("The Company" or "We") today reported financial results for the three months and full year ended December 31, 2017. Management Commentary "Our fourth...

Cryo-Cell Reports Financial Results for Fiscal Year Ended November 30, 2017

Feb 28, 2018 21:15 pm UTC| Business

OLDSMAR, Fla., Feb. 28, 2018 -- Cryo-Cell International, Inc. (OTCQB:CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for its fiscal year ended...

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Economy

Hong Kong Eyes Offshore Yuan Expansion, Deeper China Market Links

Hong Kong is preparing to expand the use of the offshore yuan and strengthen cross-border investment ties with mainland China under its first five-year plan, Bloomberg reported Saturday, citing Chief Executive John Lee....

Japan, US Target AI and Chips in $550 Billion Investment Push

Japan and the United States are advancing a $550 billion investment initiative, with artificial intelligence and semiconductor projects expected to become major priorities in the next phase of the economic partnership,...

Iran’s Hormuz Oil Pressure Fades as Gulf Crude Flows Continue

Irans effort to pressure global oil markets by restricting traffic through the Strait of Hormuz is losing some of its effectiveness as U.S. support helps Gulf producers maintain crude shipments, according to the Wall...

JPMorgan Sees ECB Raising Rates to 2.75% in December

JPMorgan now expects the European Central Bank (ECB) to raise interest rates for a third time in December, lifting its policy rate to 2.75% as persistent inflation, higher energy costs and resilient eurozone growth...

Asian Currencies Rise as Yen Surges on Fed Rate Outlook

Asian currencies strengthened on Friday, led by a sharp rally in the Japanese yen as the U.S. dollar weakened following dovish comments from Federal Reserve Governor Christopher Waller. The yen was heading for a weekly...

Politics

Ecuador Backs U.S. Sinking of Vessels in Pacific Anti-Drug Operation

Ecuador has defended U.S. operations that intercepted and sank three Ecuadorean vessels this week as part of a broader campaign targeting maritime drug trafficking in the eastern Pacific, despite claims from crew members...

Trump’s Arlington Arch Project Faces New Court Restrictions

A federal judge on Friday ordered the Trump administration to provide at least 48 hours notice before carrying out most activities at the proposed site of a 250-foot triumphal arch near Arlington National Cemetery, adding...

U.S. Issues Cuba Health Alert as Illnesses Rise

The U.S. Embassy in Havana issued a health alert for Cuba on Friday after reporting a significant increase in diarrheal and intestinal illnesses linked to deteriorating water and electricity infrastructure across the...

Trump Grants Clemency to Jay-Z Associate Emory Jones

U.S. President Donald Trump granted clemency to 30 people this week, including Emory Jones, a longtime associate of rapper and business mogul Jay-Z, according to White House pardon czar Alice Marie Johnson. Johnson...

Mexico Morena Lawmaker Zenyazen Escobar Found Dead in Veracruz

Mexican federal lawmaker Zenyazen Escobar, a member of the ruling Morena party, was found dead from a gunshot wound in Veracruz on Friday, adding to concerns over political violence ahead of Mexicos upcoming elections....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says

SpaceXs plan to manufacture industrial gas turbine blades and vanes is unlikely to significantly threaten Howmet Aerospace, according to Bernstein analysts, who see recent weakness in Howmet shares as a potential buying...

Anthropic IPO Marketing Expected to Start in Mid-October

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest, as the artificial intelligence company adjusts the timeline for what could become one of the largest IPOs in history. The...

South Korea, US Discuss Chip Investments Amid Tariff Plans

South Korea and the United States are holding discussions over semiconductor investments in U.S. manufacturing as the two countries navigate broader economic and trade negotiations, a senior Seoul official said Friday. The...

Anthropic Nears $15 Billion Credit Deal Ahead of IPO

Anthropic is reportedly close to finalizing an expansion of its revolving credit facility to $15 billion, strengthening the artificial intelligence companys financial position ahead of its widely anticipated initial public...

Xiaomi Shares Jump on Europe EV Expansion Plan

Xiaomi shares climbed sharply on Friday after the Chinese technology giant confirmed plans to begin selling its electric vehicles in Europe in 2027, marking a major step in its international EV expansion. Xiaomi Corp...