Why Windstream Holdings, Inc. Stock Jumped 19% Higher Today

Why Windstream Holdings, Inc. Stock Jumped 19% Higher Today

What happened Shares of Windstream Holdings (NASDAQ: WIN) rose on Friday, surging as much as 19.2% higher as of 1:20 p.m. EST. The stock is finding its bearings after a tumultuous Thursday, when a hard-to-interpret earnings report first sent share prices 13% higher. The gains didn’t last, and Windstream closed Thursday’s session 13% lower instead. Continue Reading Below So what The fourth-quarter report showed sales rising 14.5% year over year to land at $1.5 billion….

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The Latest: Governors push national health care compromise

The Latest: Governors push national health care compromise

article The Latest on a bipartisan group of governors working on a health care solution (all times local): Continue Reading Below 2:30 p.m. A bipartisan group of governors working to strike compromise on hot-button policy issues is taking on health care. Republican Ohio Gov. John Kasich (KAY’-sihk) presented the group’s blueprint for policy changes at the National Press Club in Washington on Friday. He lamented that one of the country’s largest challenges seems to have…

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Volkswagen Profit Jumps as Diesel Scandal Costs Fade

Volkswagen Profit Jumps as Diesel Scandal Costs Fade

In a preliminary report on its 2017 financial results, German auto giant Volkswagen AG (NASDAQOTH: VLKAY) said that its operating profit before special items rose 16.5% in 2017, to 17.04 billion euros ($20.95 billion), on cost improvements and a 4.3% increase in worldwide vehicle deliveries. Volkswagen will release its complete financial results for the fourth quarter and full year on March 13. Continue Reading Below The raw numbers The nutshell summary: Why VW’s profit jumped…

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The Latest: BB&T reports services are returning

The Latest: BB&T reports services are returning

The Latest on the BB&T service outage (all times local): 1:15 p.m. Continue Reading Below BB&T is restoring some of the services it lost after what it calls an equipment malfunction. Spokesman Brian Davis said Friday that automated Phone24 service and automated teller machines are now available from the North Carolina-based bank. Davis said customers should be aware that some information they will see about their accounts hasn’t yet been fully updated, but will be…

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The Latest: Prosecutors want Martin Shkreli to forfeit $7.3M

The Latest: Prosecutors want Martin Shkreli to forfeit $7.3M

article The Latest on Martin Shkreli’s court appearance Friday (all times local): Continue Reading Below 1 p.m. The federal government says “Pharma Bro” Martin Shkreli (SHKREL’-ee) is on the hook for more than $7 million for his securities fraud conviction. Shkreli appeared in a New York court on Friday for the first time since a judge locked him up for his online antics. U.S. District Judge Kiyo Matsumoto didn’t immediately rule on the government’s demand….

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Recalls this week: electric kettles, chairs, candles

Recalls this week: electric kettles, chairs, candles

A line of KitchenAid electric kettles are being recalled because the handle can loosen, causing hot water to spill and potentially cause burns. Other recalled consumer products include recliner chairs and candles. Here’s a more detailed look: Continue Reading Below ELECTRIC KETTLES DETAILS: KitchenAid 1.7 Liter Electric Kettles. The kettles were sold in stainless steel, red, black, white, liquid graphite and cocoa silver. Model numbers and serial numbers are located on the bottom of the…

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Volkswagen says earnings up more than 50 percent in 2017

Volkswagen says earnings up more than 50 percent in 2017

Automaker Volkswagen AG says its net profit increased by more than half last year, while revenue climbed more than 6 percent. The company said Friday it earned 4.35 billion euros ($5.35 billion) in 2017, a 55.5 percent increase over the previous year’s 2.8 billion euros. Revenue rose to 230.7 billion euros from 217.3 billion euros. Continue Reading Below Volkswagen said special items related to the diesel scandal that broke in 2015 again reduced earnings, though…

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Why Apple Inc.’s Next iPhone X Will Cost at Least $899

Why Apple Inc.’s Next iPhone X Will Cost at Least $899

In the fall of 2017, Apple (NASDAQ: AAPL) introduced three new smartphones: iPhone 8, iPhone 8 Plus, and iPhone X. The starting prices for each of these devices were $699, $799, and $999, respectively. The iPhone 8 and iPhone 8 Plus were priced roughly in line with their predecessors, while the iPhone X started at a higher price point than even the highest-end configuration of any other iPhone. This year, Apple is, yet again, expected…

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Who’s Got the Sweeter Dividend: PepsiCo or Coca-Cola?

Who’s Got the Sweeter Dividend: PepsiCo or Coca-Cola?

It’s a rivalry that stretches as far back as the dawn of the soft-drink era — Coca-Cola (NYSE: KO) vs. PepsiCo (NASDAQ: PEP). This enduring rivalry has gotten a lot of press over the years, so I won’t dive into it much here. Instead, as a longtime income investor, I’m interested in the current state of their businesses, and more pressingly how their respective dividends compare. Both, after all, are Dividend Aristocrats of long standing….

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Prominent developer’s death ruled a suicide by authorities

Prominent developer’s death ruled a suicide by authorities

The death of a prominent developer who was struck and killed by a Metro-North train in Connecticut has been ruled a suicide. The Connecticut Post reports the state medical examiner’s office said Thursday 55-year-old Alfred Lenoci Jr. died from multiple trauma as the result of a suicide. Continue Reading Below Lenoci was struck by a westbound train around 5:15 a.m. Wednesday near the Fairfield Metro Station. His family has declined to comment on his death,…

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