Business

'Miss Peregrine' bests 'Deepwater Horizon' at box office

'Miss Peregrine' bests 'Deepwater Horizon' at box office

Jackson . It's a lukewarm start for a film that cost $110 million to produce, but Burton has a habit of turning a profit no matter how expensive or awful the source material. Relativity's long-delayed comedy "Masterminds" starring Zach Galifianakis and Kristen Wiig opened out of the top five, behind " Sully ". The film debuted in sixth bringing in $6.6 million.


Fire at distribution center cuts into Gap's results

Fire at distribution center cuts into Gap's results

And we think its stock price has almost unlimited room to run for early in-the-know investors! The retailer, whose brands include the namesake Gap stores, Banana Republic, and Old Navy, estimates that a fire that occurred at its Fishkill, NY distribution center negatively impacted the same-store sales result by 3 percentage points.



New Jersey Senate approves 23-cent increase in gas tax

Chris Christie to raise the state's gas tax by 23 cents a gallon to pay for road, bridge and transit work. The Stephen Sweeney-led Senate met Wednesday afternoon and voted 22-10 to amend legislation approved June 27 by the Assembly, but the upper chamber was short the required 30 votes to bring it to the floor as an emergency measure.


Stocks fall as Wall Street heads for a weekly decline

Stocks fall as Wall Street heads for a weekly decline

Health care companies and banks slumped. DIVIDENDS IN THE DUMPS: Investors are dumping steady dividend payers like phone companies that were once beloved by investors as an alternative source of income to low yielding bonds. It has held them near zero since 2008, a factor that many market watchers cite as a key driver of the seven-year bull run in stocks. ANALYST TAKE: "September's number is still strong and adds to this week's raft of positive USA data", said Paul Sirani, chief market ...


Qatar Airways makes a major purchase of Boeing jets

Qatar Airways makes a major purchase of Boeing jets

The deal includes 30 of Boeing's 787-9 Dreamliners, 10 of its 777-300ER aircraft plus the 737 MAX 8 options. The order, due to be announced by the airline at a news briefing in Washington, D.C., on Friday, is valued at list prices. "Our partnership with Qatar Airways has grown and strengthened tremendously over the years and I look forward to the time when its fleet will feature an increasing number of both our single and twin-aisle airplanes".



Global Payments Inc. Reveals 30% Advance In Q1 Profit

The business earned $939.50 million during the quarter. During the same quarter a year ago, the Atlanta-based company earned 79 cents per share on revenue of $536.95 million. State Street Corp boosted its stake in Global Payments by 35.8% in the second quarter. "1" rated "Sell" for the company. Massachusetts Financial Services Co.