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Daily Archives: August 15, 2017

Snap, Inc. Shares Rise on Analyst Upgrade

Just yesterday, Cantor Fitzgerald dropped its price target on Snap (NYSE: SNAP) from $17 to $15  while maintaining its overall neutral rating on the Snapchat operator’s shares. The reduction was largely driven by Snap’s second-quarter earnings, which fell shy of expectations in numerous ways. Analyst Kip Paulson lowered his estimates for …

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'11 dead' as tree falls during festival in Portugal

A tree toppled into a crowd of worshippers during a major Christian festival on the Portuguese island of Madeira this afternoon, killing 12 people and leaving 50 injured.  The accident happened during Madeira’s biggest annual Catholic festival, which draws big crowds to celebrate the island’s patron saint, Our Lady of …

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Capital push under way for Cuban oil campaign

Aug. 15 (UPI) — Proceeds from an effort to raise new capital will be used primarily to start planning for a drilling program in Cuba next year, Melbana Energy announced. The company, which has headquarters in Australia, is one of the few with an established footprint in Cuba. Though a …

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Britain Offers Plan to Avoid Immediate ‘Brexit’ Trade Chaos

On Tuesday, Mr. Hammond seemed to emerge the victor in one battle, securing cabinet support for the soft transition from membership of the customs union. Introducing the plan, David Davis, Britain’s main Brexit negotiator, noted that other European Union nations, which export more goods to Britain than it sends back, …

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Narrativ helps publishers make more money when they drive sales

Narrativ founder and CEO Shirley Chen said there’s a big revenue opportunity that’s gone largely untapped by online publishers — namely, the links those publishers are already using to direct readers to buy the products mentioned in an article. Sure, affiliate links are a common business model, where publishers get …

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What Happened in the Stock Market Today

After enjoying the biggest single-day gains of the summer on Monday, stocks waffled between positive and negative territory for most of Tuesday’s trading. When all was said and done, the Dow Jones Industrial Average (DJINDICES: ^DJI)  managed to eke out a tiny gain, while the S&P 500 (SNPINDEX: ^GSPC)  and …

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Revised standards for homes affected by pyrite

Revised standards for pyrite-affected buildings have been announced by the National Standards Authority of Ireland. Pyrite, a mineral that causes cracks and swellings in walls and floors, is thought to be present in more than 20,000 Irish homes. RTÉ’s Morning Ireland understands that the NSAI has changed aspects to one of …

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