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1 Article
Source: Common Domain

Micron stock tanks as sales outlook falls well short of target, production growth slashed

Today 07:00 GMT

Micron Technology Inc.’s quarterly outlook fell more than $1 billion short of already-diminished Wall Street estimates Tuesday afternoon, pushing the company’s stock down in after-hours trading.

Since November, 15 analysts have cut their price targets on the stock for an average price target of $58.70, down from an average of $76.04 a quarter ago, according to FactSet. Of the 34 analysts who cover Micron, 21 have buy or overweight ratings, 12 have hold ratings and one has an underweight rating.

1 Article
Source: Common Domain

U.S. Oil Prices Down Almost 40% From High

Today 07:00 GMT

Oil prices fell to their lowest levels in over a year Tuesday, continuing a precipitous decline spurred by economic uncertainty and growing global supplies.

Even as prices have dropped, some analysts say that U.S. companies will continue to pump out oil to maximize profits and pay down debt. Mr. Kung said while he expects prices to be supported by steady demand and the OPEC agreement that goes into effect next year, supplies could climb further in the short term as a result of recent record high output from several producers.

1 Article
Source: Common Domain

International, Domestic Investors Drive Manchester’s Outstanding Real Estate Growth

Sunday 19:04 GMT

Prefix="from penta" target="_blank"]The Future of Ultrahigh-End Space Travel[/read-more]. Sovereign wealth funds, international real estate funds and domestic investment funds account for a growing portion of Manchester's investors, especially in the city center.

Domestic investors include the insurer Legal & General, the residential property company Grainger, investment manager M&G, and real estate firm Apache Capital.

1 Article
Source: Common Domain

The Drop in Lululemon’s Stock Could Offer an ‘Entry Point’ for Investors

Tuesday 02:25 GMT

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It is pointing investors toward about $3.23 billion in sales for the current fiscal year, which would represent year-over-year growth of about 22%.

1 Article
Source: Common Domain

Americans Show Growing Support for Climate-Change Policies, Poll Says

Tuesday 18:10 GMT

The poll, conducted Dec. 9-12, shows growing support for policies that could mitigate the widespread environmental and economic destruction that many scientists predict climate change could cause in the coming decades.

Two-thirds of Americans believe action is needed to address global climate change, and a record-high 45% believe that the problem is serious enough to merit action immediately, a new Wall Street Journal/NBC News poll finds.

1 Article
Source: The Guradian

‘If you can run, you can do anything’: why over 65s are at park

Sunday 15:23 GMT

“I wanted to tell everyone on the bus home that I’d just run five kilometres!”. Bartlett is one of a rapidly growing number of pensioners across Britain who are defying preconceptions about their age, putting on trainers and taking to the track.

“What was clear from the early days of parkrun was that the main motivation wasn’t to run faster but to hang out with friends,” he says. That community element, he believes, is at the heart of why growing numbers of older people are turning up in unprecedented numbers.

1 Article
Source: Common Domain

Logistics Report:

Tuesday 09:54 GMT

The Justice Department is suing trucking units of YRC Worldwide Inc., the WSJ Logistics Report’s Erica E. Phillips writes, alleging the businesses including YRC Freight overcharged the Pentagon millions of dollars for shipping over several years.

A pullback in its earnings outlook followed by a negative short-seller report sent XPO’s shares into a tailspin, the WSJ’s Logistics Report’s Jennifer Smith writes, before the announcement of its first-ever stock buyback program prompted a turnaround and statements of support from analysts.

1 Article
Source: The Guradian

Beto O'Rourke poses growing threat to fellow Democrats with 2020 hopes

Tuesday 02:24 GMT

Beto O’Rourke, the congressman who fell just shy of defeating the Texas senator Ted Cruz, appears to be the exception and his 2020 prospects are already sending ripples through what promises to be a remarkable and intense contest.

A meeting between O’Rourke and Obama, held last month at the former president’s Washington office, intensified speculation over the prospects of a Beto 2020 campaign. Some activists said the Texan was winning over voters and activists in key battleground states long before he became a serious threat to any likely Democratic opponents.

1 Article
Source: Global News

How one simple change let a province sell residents live pot plants

Sunday 11:43 GMT

“We’ve received [flower] clones from Ethiopia, Mexico, Costa Rica — it’s actually very typical to get your young plants basically through the mail.”

Smelly, fussy, humid: Why you may not want to grow your own legal pot. Selling Canadians live marijuana plants has been one of the more complicated problems of legalization. Provincial monopolies, with a lot on their plates already, haven’t wanted to deal with the headache of keeping plants healthy in busy distribution centres.


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