Balloon and Capsule Plan for Near Space Tourism
World View Enterprises unveiled a high altitude balloon scheme to lift a capsule 19 miles for a four hour ride at 75000.00 dollars per person eight passengers, with FAA approval needed and first launch possible by end of 2016.
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Largest signed baseball collection on display in Florida
Schrader's collection of more than 4 600 signed baseballs, certified by Guinness as the largest, is now showcased at the St. Petersburg Museum of History in Florida. The exhibit titled Schrader's Little Cooperstown opened to the public Tuesday after a two-year effort to secure the loan, with tours planned by Schrader himself.
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Icahn sells Netflix stake for huge profit as stock climbs
Investor Carl Icahn sold more than half of his Netflix stake for a 457 percent gain after buying at about $58 a share. He retains 2.7 million shares totaling 4.5 percent. Netflix hit a record $389.16 but closed down 9 percent at $322.52 amid profit-taking as the company expands streaming. Kevin Spacey was thanked by Icahn for the show House of Cards.
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Corning Ties With Samsung on LCD Glass Venture
Corning Inc shares jumped after it agreed to acquire Samsung Display’s 43 percent stake in Samsung Corning Precision Materials in Korea. The deal secures LCD glass supply through 2023 and includes Samsung Display receiving $1.9 billion in Corning preferred shares plus a $400 million investment, with Samsung potentially holding 7.4 percent of Corning. Corning expects $2 billion in annual sales and 20 percent earnings growth in 2014–15, aided by a $2 billion share buyback and $100 million in 2015 cost savings.
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Futures Market Summary Brief
Futures market summary notes activity across multiple contract months including December 13 March 14 May 14 and September 14. Trading showed varied interest with price moves suggesting shifting hedges and speculative sentiment across commodities and financials.
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