Business

#ManyPeopleAreSaying: Twitter users usurp phrase from Trump to criticize GOP nominee

Using euphemisms to suggest he is essentially a rank idiot and a bigot, they said "He appears to lack basic knowledge about and belief in the U.S. Constitution, U.S. "The Hancock County Republican Party has been very supportive of Mr. Trump", she said. Trump delivered a restrained hour-long prepared speech at the Detroit Economic Club pledging massive tax breaks for American families, hours after 50 Republican foreign policy grandees wrote an open letter calling him a unsafe national security ...

Business

Vail Resorts Acquires Whistler Blackcomb

Whistler Blackcomb was owned by the B.C-based Intrawest Resorts Holdings until 2006, when that company was purchased by the US asset management firm Fortress Investment Group. The cash value of the offer is estimated to be C$ 676 million (USD$ 513 million) which Vail Resorts intends to finance through an expansion of its existing credit facility.

Business

William Hill rejects 'opportunistic' takeover offer from Rank Group and 888

It emerged a fortnight ago that Rank, which also runs Mecca bingo halls, and 888 were eyeing a consortium approach for William Hill , which would entail a complex three-way deal. The consortium said it had identified merger benefits that could boost the value of the proposal to 408p a share. William Hill shareholders would have controlled 44.6 percent of the new company.

Business

Sterling declines below €1.17 for first time in three weeks

Interest rates were cut for the first time since 2009 in August - however just month's ago the United Kingdom was expecting to see a rise with BoE governor Mark Carney laying the groundwork. It is also trying to encourage banks to pass on the interest rate cut by offering as much as £100bn of new funding to banks. The additional purchases started Monday and are due to be completed in six months.

Business

Coach Inc (COH) Stock Dips on Poor POS Sales, Operating Margin Outlook

North American sales rose 9% to $606 million, above the FactSet consensus of $591.8 million, while domestic same-store sales grew 2% to beat expectations of 1.8%. For the next one year, EPS estimate is set at $0.58 by 37 analysts although a year ago the analysts recommended the company's EPS at $0.51. The company also announced that its Board of Directors declared a quarterly cash dividend of $0.3375 per common share, maintaining an annual rate of $1.35.

Business

Gary Johnson hopes to build momentum in return to New Mexico

Johnson tweeted on Sunday that he's honored to have Rigell's support. Another prominent Virginia Beach Republican, former state senator Jeffrey L. McWaters, is enthusiastically supporting Trump and last week hosted a fundraiser at a steakhouse for his running mate, Gov.