Momentum Stocks

Jobless Claims Reported Higher Than Expectations Amid Strike Action, Spring Break Volatility

Jobless Claims Reported Higher Than Expectations Amid Strike Action, Spring Break Volatility

The number of claims filed by Americans for first-time unemployment benefits was higher than expected last week against a backdrop of spring break volatility and recent strike action in three states where Dutch grocer Ahold Delhaize (AD.AMS) has Stop & Shop stores. Initial claims for jobless benefits came in at 230,000 on a seasonally-adjusted basis in the week ended April […]

AS Watson South Korea health and beauty launched

Hong Kong-based AS Watson has chosen its part-owned German subsidiary Rossmann for its next Asian market debut, South Korea. The German drug-store brand has confirmed it will begin selling products in South Korea on May 1, shipping direct from Germany. It will sell online only. Dirk Rossmann GmbH, named after its founder, is 40 per cent-owned by AS Watson, but […]

Walmart is taking on Amazon with its upcoming tablet

Soon, those searching for a cheap Android tablet won’t have to deal with the lack of Google Play Services found on the low-priced Amazon Fire Tablets. The line, powered by a forked version of Android, does not come with core Google apps including the Play Store. Instead, Amazon’s own app storefront is included. A tweet disseminated by XDA’s Mishall Rahman […]

Woman wins court battle with ex-husband over Facebook ‘strangle’ posts

Woman wins court battle with ex-husband over Facebook ‘strangle’ posts

A woman has spoken of her “huge relief” after winning a libel battle against her ex-husband over Facebook posts. Nicola Stocker wrote that Ronald Stocker tried to strangle her, during an online exchange with his new partner in 2012. She was left facing a legal bill of about £300,000 after Mr Stocker successfully sued her at the High Court for […]