A word of wisdom for journalists from someone with some expertise in dealing with anonymous sources and leaking: Be more careful.
June 12, 2017 at 03:08AM
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Showing posts with label 2017 at 03:19AM. Show all posts
Showing posts with label 2017 at 03:19AM. Show all posts
Monday, June 12, 2017
Donald Trump Jr. appears to corroborate Comey’s version of the Oval Office meeting with Trump
June 12, 2017 at 03:14AM
from
Thursday, June 8, 2017
The Comey testimony just ensured that Trump’s legislative goals will be kept in chaos
Former FBI Director James Comey’s prepared opening remarks before the Senate Intelligence Committee were released Wednesday, kicking off a beehive of media attention the day before Comey heads to Capitol Hill.
While the legal and political implications of the testimony for Trump remain unclear, policy analysts say the event — which has been likened to the Super Bowl — will only hurt Trump’s legislative agenda going forward.
“There’s nothing in [the prepared Comey testimony] that’s really new, that we didn’t know from media reports,” Issac Boltansky of political analysis firm Compass Point told Business Insider. “There’s no smoking gun to point to that seems to make a case for obstruction of justice.”
Despite the apparent lack of new information in Comey’s prepared testimony, Boltansky said, the hearing would likely confirm the prior opinions of lawmakers and the public. That could be a hindrance to Trump’s plans for tax cuts, a healthcare overhaul, and infrastructure investments.
“What’s real is that the hands of time continue to fall,” Boltansky said. “This is a sideshow, but it’s a sideshow that comes at a time that threatens the president’s and Republicans’ agenda from getting done anytime soon.”
Greg Valliere, chief strategist at Horizon Investment, agreed that the testimony represents a threat to anything Trump wants to do.
“Both parties will claim their narratives were reinforced, so this mess will drag on and on — and it surely means that the Trump agenda, which is stalled, will stay stalled,” Valliere told Business Insider in an email after the release of Comey’s remarks.
Boltansky said Democrats were likely to make life tough for Trump and the GOP, but there is a stronger case for that resistance now.
“Congress is like the NFL, it’s a copy cat league,” Boltansky told Business Insider. “Democrats saw that obstruction can work, so they know they can block Trump’s agenda by slowing everything down and they can use the Russia investigation as cover to do that.”
In the near-term, Valliere said, the biggest risk comes from Trump’s reaction to the testimony more than anything it will likely contain.
“Let’s see how Trump reacts to this testimony. If he rants tonight and tomorrow, he could suffer more self-inflicted damage,” Valliere wrote, saying Trump should be calm since Comey’s prepared remarks “could have been worse.”
SEE ALSO: Trump’s massive infrastructure push is missing something significant — an actual plan
Join the conversation about this story »
June 08, 2017 at 03:11AM
from Bob Bryan
Sadomasochist swingers club with torture dungeon shutdown over health and safety concerns
June 08, 2017 at 03:09AM
from Nicola Harley
Delta Air Lines, Aeromexico to Partner on Cargo Network
Delta Air Lines DAL and its Mexican counterpart Grupo Aeromexico signed a joint cooperation agreement on Jun 6, to boost their cargo operations across the United States and Mexico.
The deal will offer customers to choose either of the carriers to transport cargo over a wide range of flights and joint trucking options. The carriers have co-located warehouses in Mexico, Boston, New York-JFK, Miami, San Francisco and Chicago. Warehouses in Orlando and Detroit are expected to open this summer.
The agreement will also allow the two companies execute joint sales and marketing initiatives in their respective countries.
The partnership aims to provide a seamless logistics experience to customers on the U.S.-Mexico route. Also according to Rafael Figueroa, CEO, Aeromexico Cargo, the Aeromexico and Delta partnership is the largest and most extensively growing air cargo network in the U.S.-Mexico market.
To facilitate US- Mexico travel, the carriers recently inked a joint cooperation agreement (JCA) to operate flights connecting the nations. As part of the JCA, the carriers intend to launch five flights targeting new markets namely, Atlanta – Merida, Atlanta – Queretaro, Los Angeles – Leon, Seattle – Mexico City, Portland, OR – Mexico City.
Apart from adding new routes, they aim to increase flight frequency in four of the existent markets and use more modern aircrafts in two of them, respectively. These measures aimed at facilitating travel between nations, might be implemented as soon as this fall, subject to government clearance.
Zacks Rank & Key Picks
Delta currently carries a Zacks Rank #3 (Hold). Better ranked stocks in airline space are Air France-KLM SA AFLYY, Deutsche Lufthansa AG DLAKY and Hawaiian Holdings, Inc. HA. All sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Air France-KLM, Deutsche Lufthansa and Hawaiian Holdings gained over 63%, 41% and 6% respectively, over a period of three months.
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we’re mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold…
By last year, it was already generating $8 billion in global revenues. By 2020, it’s predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce “the world’s first trillionaires,” but that should still leave plenty of money for those who make the right trades early. See Zacks’ Top 3 Stocks to Ride This Space >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
Hawaiian Holdings, Inc. (HA): Free Stock Analysis Report
Deutsche Lufthansa AG (DLAKY): Free Stock Analysis Report
Air France-KLM SA (AFLYY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
June 08, 2017 at 03:15AM
from Zacks Equity Research
The little-known German bad guy who inspired a terrifying ‘Wonder Woman’ villain
June 08, 2017 at 03:14AM
from
Airline Stock Roundup: IATA Lifts ’17 Profit View; United Continental Calls Off Venezuela Flights
The last week was dominated by updates from the International Air Transport Association (IATA). The monthly data released by the IATA revealed a 10.7% year-over-year increase in demand for air travel across the globe for April 2017. Healthy growth in both international and domestic traffic resulted in a rise in the overall figure.
Another significant update from the trade association emerged recently when it raised its 2017 profitability outlook for the airline industry to $31.4 billion from the earlier forecast of $29.8 billion. Higher passenger and cargo demand primarily drove the increase in outlook. The bulk of the global profits ($15.4 billion) are expected to come from the North American region.
The IATA updates apart, the Atlanta, GA-based airline behemoth Delta Air Lines DAL was in the news by virtue of its encouraging May traffic report. The Chicago, IL-based United Continental Holdings UAL also grabbed headlines as it has reportedly decided to stop flying to Venezuela from next month due to lacklustre demand.
An expansion-related update from Southwest Airlines LUV also gained attention over the past week.
(Read the last Airline Stock Roundup for May 31, 2017).
Recap of the Past Week’s Most Important Stories
1. At its 73rd Annual General Meeting in Cancun, Mexico, the IATA said that despite rising fuel prices and labor costs, airline companies are expected to be more profitable in 2017 than previously expected. According to the revised forecast, air travel growth of 7.4% is expected in 2017 (the earlier forecast was 5.1%).
The improved demand scenario is anticipated to result in 4.1 billion passengers taking to the skies in 2017 (275 million passengers more than 2016 levels). In the event of this forecast coming true, 2017 would witness the highest year-over-year growth (Read more: IATA Lifts 2017 Profit View on Higher Demand: 5 Solid Picks).
Earlier in the week, IATA also released its global traffic numbers for April. Global travel demand registered a double-digit year-over-year increase during the month, which incidentally was the fastest pace witnessed in six years. International travel demand climbed 12.5% with all regions exhibiting double-digit traffic growth for the first time in 12 years.
Despite the healthy rise, the ban imposed earlier this year on carrying large portable electronic devices on U.S. bound flights from 10 Middle Eastern and African airports appeared to hurt traffic on the Middle East-US route. On the other hand, demand for domestic travel climbed 7.7%, with growth witnessed in all markets save Australia.
2. Delta’s May traffic – measured in revenue passenger miles (RPMs) – improved 1.7% and capacity remained flat on a year-over-year basis. Consolidated load factor, or percentage of seats filled by passengers, improved 140 basis points to 86.7%. This is because traffic expanded while capacity remained flat in the month leading to packed planes (Read more: Delta Air Lines May Traffic, PRASM Increase, Stock Up).
3. Hawaiian Airlines, the wholly owned subsidiary of Hawaiian Holdings HA, reported healthy traffic numbers for May. Traffic climbed 8% on a 5% rise in capacity. The greater increase in traffic compared with capacity led to a 240 basis points increase in load factor to 86.7%.
Operating revenue per available seat mile in the second quarter of 2017 is now projected to grow in the band of 7.5% to 10.5% (the previous projection had called for a rise of 5.5% to 8.5%). The revision was due to better-than-expected yields primarily in the domestic market among other factors. Fuel cost per gallon (economic) is now projected in the band of $1.6 to $1.7 ($1.65–$1.75 projected previously).
Hawaiian Holdings sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
4. The ongoing economic crisis in Venezuela has compelled many carriers to trim capacity/suspend operations in that country. The list lengthened with United Continental announcing its decision to suspend operations in the nation. According to reports, the carrier will not operate flights on the Caracas-Houston route from Jul 1 as the route has ceased to be financially viable to United Continental.
5. Southwest Airlines has begun flight service at Cincinnati/Northern Kentucky International Airport (CVG) in a bid to expand. Following this, the carrier offers a total of eight daily nonstop flights, five between CVG and Chicago Midway and three between CVG and Baltimore/Washington International Airport (Read more: Southwest Airlines Begins CVG Flights to Spread Wings).
Performance
The following table shows the price movement of the major airline players over the past week and during the last six months.
|
Company |
Past Week |
Last 6 months |
|
HA |
6.6% |
-0.6% |
|
UAL |
3.42% |
14.5% |
|
GOL |
-2.2% |
68.3% |
|
DAL |
4.03% |
4.5% |
|
JBLU |
-0.31% |
6.8% |
|
AAL |
2.92% |
7.6% |
|
SAVE |
5.6% |
-1.04% |
|
LUV |
0.05% |
26.53% |
|
CPA |
0.04% |
22.2% |
|
ALK |
3.84% |
5.9% |
The table above shows that most airline stocks traded in the green in the past one week. Consequently, the NYSE ARCA Airline Index increased 2.43% to $116.26. Over the course of the last six months, the NYSE ARCA Airline Index appreciated 7.6%. Shares of GOL Linhas GOL appreciated the most (68.3%) during the period.
What’s Next in the Airline Space?
Investors await May traffic reports from the likes of American Airlines Group AAL and Spirit Airlines SAVE in the coming days.
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we’re mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold…
By last year, it was already generating $8 billion in global revenues. By 2020, it’s predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce “the world’s first trillionaires,” but that should still leave plenty of money for those who make the right trades early. See Zacks’ Top 3 Stocks to Ride This Space >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Southwest Airlines Company (LUV): Free Stock Analysis Report
Gol Linhas Aereas Inteligentes S.A. (GOL): Free Stock Analysis Report
Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
United Continental Holdings, Inc. (UAL): Free Stock Analysis Report
Spirit Airlines, Inc. (SAVE): Free Stock Analysis Report
Hawaiian Holdings, Inc. (HA): Free Stock Analysis Report
American Airlines Group, Inc. (AAL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
June 08, 2017 at 03:15AM
from Zacks Equity Research
Top senator engages in heated back-and-forth with intel chiefs who refused to answer questions on their conversations with Trump
June 08, 2017 at 03:14AM
from
Monday, June 5, 2017
Taiwan, Soaked Already, Faces An Extra Intense 2017 Typhoon Season
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Cyclical weather patterns over the Pacific Ocean will bring at least one extra typhoon of significant scale to Taiwan, forecasters predict. That fate would keep people to stay indoors, putting business and travel on hold.
June 05, 2017 at 03:12AM
from Ralph Jennings, Contributor
Friday, June 2, 2017
A Step-by-Step Guide to Migrate Your Site to HTTPS
http://ift.tt/eA8V8J
Switching out of HTTP is a smart security move as well as a stated Google-ranking factor.
June 02, 2017 at 03:12AM
from Tony Messer
Why Filipinos Remain Poor
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Revolutions come and go in Philippines, but the old villains — corruption and political oppression — remain intact.
June 02, 2017 at 03:12AM
from Panos Mourdoukoutas, Contributor
A Step-by-Step Guide to Migrate Your Site to HTTPS
http://ift.tt/2rwdHfJ
Switching out of HTTP is a smart security move as well as a stated Google-ranking factor.
June 02, 2017 at 03:12AM
from Tony Messer
Hitting The Bullseye: The Next Era Of Target’s Marketing, With CMO Rick Gomez
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Target CMO Rick Gomez’ recent presentation to agency partners gave those in the room a picture of what Target’s marketing will look like in the Gomez era.
June 02, 2017 at 03:12AM
from Jennifer Rooney, Forbes Staff
Thursday, June 1, 2017
Trump hails signing of deals worth ‘billions’ with Vietnam
WASHINGTON (Reuters) – U.S. President Donald Trump discussed trade with Vietnamese Prime Minister Nguyen Xuan Phuc during a White House visit on Wednesday and welcomed the signing of business deals worth billions of dollars and the jobs they would bring. Read Full Story
The post Trump hails signing of deals worth ‘billions’ with Vietnam appeared first on ForexTV.
June 01, 2017 at 03:10AM
from Reuters News
Barclays £1.6bn stake sale cuts ties with Africa
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Barclays is selling a £1.6 billion stake in its African business as it cuts ties with the continent after more than a century.
June 01, 2017 at 03:17AM
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