Finance

Equity markets trade lower, Sensex sheds 300 points intra-day

Equity markets trade lower, Sensex sheds 300 points intra-day

The Sensex shed over 130 points in early trade on Friday amid weak Asian cues and selling in oil and gas, metals, power, PSU and IT counters. The equity indices began in red as trade war distress re...

by · Finance
The Coca-Cola Co (NYSE:KO) Shares Sold by CrestPoint Capital Management LLC

The Coca-Cola Co (NYSE:KO) Shares Sold by CrestPoint Capital Management LLC

Vgi Partners Pty Ltd who had been investing in Coca Cola Co for a number of months, seems to be bullish on the $186.77B market cap company. About 266,227 shares traded. Macquarie Group Ltd. acquired a...

by · Finance

Gkn (LON:GKN) Rating Kept at Deutsche Today

The firm has "Overweight" rating by Barclays Capital given on Wednesday, July 20. The broker have set TP of GBX 375.00 on Curtis Banks Group Plc (LON:CBP) shares. Fisher Asset Mgmt Limited Liability...

by · Finance
Nike's No. 2 Executive Resigns, Brand Investigates Complaints About Inappropriate Workplace Behavior

Nike's No. 2 Executive Resigns, Brand Investigates Complaints About Inappropriate Workplace Behavior

Edwards for his work. In a memo to staff from Chief Executive Mark Parker , the company said that it had received complaints about "behavior occurring within our organization that do not reflect ou...

by · Finance
LO closing 19 stores in South Carolina including locations in the Lowcountry

LO closing 19 stores in South Carolina including locations in the Lowcountry

Staff at each store closing will inform pharmacy customers where their accounts will be transferred to. Southeastern did say the restructuring will reduce its overall debt by more than $500 million....

by · Finance
Hawks still probing Makwakwa for corruption, money laundering

Hawks still probing Makwakwa for corruption, money laundering

But Moyane said when he put these to Makwakwa, he announced he had chose to resign. The former Sars top official was the subject of a Hawks investigation into alleged corruption and money-laundering...

by · Finance

Is Selling Empire State Realty Trust, Inc. (ESRT) Here a Winning Strategy?

Sg Americas Secs Ltd Liability reported 0.01% stake. The Harris Associates LP holds 5.76 million shares with $295.32 million value, down from 6.62 million last quarter. (NASDAQ:PTEN) on Monday, Januar...

by · Finance

Institutional Portfolio Favorite in Spotlight: First Industrial Realty Trust, Inc. (NYSE:FR)

It has underperformed by 24.63% the S&P500. The share price has moved away from its 20 days moving average at the rate of 0.49% and its 50 days moving average returned -2.61%. California State Teacher...

by · Finance
Emirates stewardess falls out of parked Boeing 777 in Uganda

Emirates stewardess falls out of parked Boeing 777 in Uganda

The exact cause of the incident was not yet clear, but some eye witnesses cited possible suicide. She was rushed to Kisubi Hospital, her injuries are reported to be life threatening. A witness told ...

by · Finance
Could Signet Jewelers Limited (SIG) Change Direction After Touching 52 Week Low?

Could Signet Jewelers Limited (SIG) Change Direction After Touching 52 Week Low?

About 226,808 shares traded. Spark Therapeutics, Inc. (NASDAQ:ONCE) has risen 13.53% since March 13, 2017 and is uptrending. Signet also had a restructuring plan that will seek an additional 200 sto...

by · Finance
Motorola expected to launch Moto G6 and E5 series in Asia soon

Motorola expected to launch Moto G6 and E5 series in Asia soon

The new phones to enter the lineup are the Moto G6 , G6 Plus, G6 Play, Moto E5 and E5 Play . Now, it is time to refresh this series of smartphones and we are now starting to get some information abo...

by · Finance
Walmart (NYSE:WMT) Earning Somewhat Favorable Media Coverage, Study Shows

Walmart (NYSE:WMT) Earning Somewhat Favorable Media Coverage, Study Shows

About 560,839 shares traded. NIC Inc. (NASDAQ:EGOV) has risen 13.72% since March 14, 2017 and is uptrending. It has underperformed by 25.06% the S&P500. They set a "neutral" rating for the company. Th...

by · Finance
World Bank expects India's GDP growth at 7.3 percent for 2019-20

World Bank expects India's GDP growth at 7.3 percent for 2019-20

For the current financial year, the economy is expected to clock a growth rate of 6.7 per cent, said the World Bank's biannual publication, India Development Update: India's Growth Story . In addit...

by · Finance
Lawmaker wants Toys R Us to issue cash refunds for gift cards

Lawmaker wants Toys R Us to issue cash refunds for gift cards

About 31,000 workers in the United States will be laid off. In the coming days, stores will be posting store closing sales. They'll only be good for the next 30 days. If that happens, the secured cred...

by · Finance
Ford issues recall for 1.4 million Fusion, Lincoln MKZ cars

Ford issues recall for 1.4 million Fusion, Lincoln MKZ cars

Ford Motor Company issued the March 14 recall that affects multiple versions of their Ford Fusion and Lincoln MKZ models in North America. The affected models are 2013-16 Ford Focuses and 2013-15...

by · Finance
Tesla employees say flawed parts are causing Model 3 production delays

Tesla employees say flawed parts are causing Model 3 production delays

According to some current and former employees of Tesla the reason Model 3 production is behind is because up to 40% of the parts received at the assembly plant are flawed and have to be reworked. I...

by · Finance

EnLink Midstream Partners, LP (NYSE:ENLK) Dips Under Moving Averages

Samson Capital Management Lc holds 9.43% or 129,079 shares. Watching the last 5 trading periods, shares have changed 0.42%. About 564,693 shares traded. (NYSE:MMP). Ishares Tr (IWR) was raised too. Bn...

by · Finance
Carlson Capital Management Has $1.81 Million Position in Wells Fargo & Co

Carlson Capital Management Has $1.81 Million Position in Wells Fargo & Co

The stock decreased 1.30% or $1.73 during the last trading session, reaching $131.26. The company saw 13.68 million shares trade hands over the course of the day. The company was maintained on Friday,...

by · Finance
Spring statement 2018: only better planning can fix the housing crisis

Spring statement 2018: only better planning can fix the housing crisis

Phil's pretty happy. In 2018-2019 the United Kingdom government spending will be "in surplus", which means that it's getting more in tax than it's spending, and the amount it needs to borrowWhat's thi...

by · Finance
AI Twitter handle restored a day after being hacked

AI Twitter handle restored a day after being hacked

They took to their official Twitter handle and wrote, "Early today Air India twitter handle was hacked". According to a senior official, Air India has started investigation into the matter. A grou...

by · Finance
Comprehensive Stock Analysis Of The Coca-Cola Company (KO)

Comprehensive Stock Analysis Of The Coca-Cola Company (KO)

Allianz Asset Management GmbH now owns 8,340 shares of the company's stock valued at $581,000 after buying an additional 4,590 shares during the last quarter. (NASDAQ:AKAM). Argent Trust invested in 5...

by · Finance
HSBC reveals big gender pay gap

HSBC reveals big gender pay gap

Barclays said last month it paid women in its global division, which houses its investment bank, on average 48 percent of what men earned in fixed pay. Nearly 50 years since the passage of Britain's ...

by · Finance
Chicago pulls out as potential host city for 2026 World Cup

Chicago pulls out as potential host city for 2026 World Cup

Toronto, Montreal and Edmonton have been identified as other potential Canadian host cities. Chicago was the site of the 1994 World Cup opener but declined to be part of the USA bid for the 2022 Wor...

by · Finance
Prime Video Really Bringing in the Customers for Amazon

Prime Video Really Bringing in the Customers for Amazon

For example, the first season of the popular drama " The Man in the High Castle ", an alternate history depicting Germany as the victor of World War Two, had 8 million US viewers as of early 2017, acc...

by · Finance
IHeartMedia Hits Ch. 11 To Cut More Than $10B In Debt

IHeartMedia Hits Ch. 11 To Cut More Than $10B In Debt

Once it emerges from bankruptcy, analysts say it has a chance to use its substantial cash flow to reinvest in the business, rather than make exorbitant interest payments. Recognising that its core AM/...

by · Finance
Powerball jackpot at $420 million for Wednesday drawing

Powerball jackpot at $420 million for Wednesday drawing

That drawing will be held Friday night. Drawings for Pick 3, Pick 4 and Pick 5 are twice daily, at 12:29 p.m. and 7:29 p.m. Each game costs $2 to play. The numbers drawn for Wednesday's Powerball ja...

by · Finance
Plastic particles found in bottled water

Plastic particles found in bottled water

The tests, carried out at the State University of NY in Fredonia and co-ordinated by US-based journalism organisation Orb Media , found an average of 10 plastic particles per litre of water , each l...

by · Finance

Cisco Systems' (NASDAQ:CSCO) Buy Rating Reiterated at Jefferies Group

It has underperformed by 3.50% the S&P500. (BURL) by 71.42% based on its latest 2017Q3 regulatory filing with the SEC. Bvf Inc sold 225,000 shares as Loxo Oncology Inc (LOXO)'s stock rose 10.54%. Cred...

by · Finance
USA charges Theranos founder Elizabeth Holmes with fraud

USA charges Theranos founder Elizabeth Holmes with fraud

The Securities and Exchange Commission said Elizabeth Holmes and Theranos deceived investors about the firm's technology. In reality, Theranos's analyzer had a far more limited application than ...

by · Finance
Toys R Us headed to court to liquidate

Toys R Us headed to court to liquidate

Unfortunately the axe has dropped quickly in the past week and now it looks grim for the beloved toy store that we all grew up with. And a couple of companies, like Kohl's and J.C. Payless ShoeSour...

by · Finance
WhatsApp not to share British users' data with Facebook

WhatsApp not to share British users' data with Facebook

The GDPR , which kicks in on May 25, will require all companies holding data on citizens in European Union states to take a firmer stance on data protection; any customer data lost as the resul...

by · Finance
February wholesale inflation down marginally at 2.48%

February wholesale inflation down marginally at 2.48%

According to a Commerce Ministry release, the WPI inflation in February 2017 was more than double at 5.1 per cent. "With both retail and wholesale inflation recording a decline in February 2018, t...

by · Finance
Crude Oil Sinks Toward USD60 Ahead Of Inventories

Crude Oil Sinks Toward USD60 Ahead Of Inventories

Twelve analysts polled ahead of inventory reports from industry group American Petroleum Institute (API) and the U.S. Energy Department's Energy Information Administration (EIA) estimated, on averag...

by · Finance
IndiGo Cancels 42 Flights For Today After DGCA Grounds A320neo Planes

IndiGo Cancels 42 Flights For Today After DGCA Grounds A320neo Planes

The aircraft was an A320-232. In February European plane maker Airbus SE warned of new problems with the Pratt & Whitney engines on its A320neo planes, prompting European air safety officials to iss...

by · Finance
Broadcom Officially Drops Qualcomm Bid After Trump Decision

Broadcom Officially Drops Qualcomm Bid After Trump Decision

President Donald Trump ordered the Singapore-based company Broadcom to cease its attempts to buy the U.S. company Qualcomm, for which it had launched a hostile takeover of 117 billion dollars. Qualcom...

by · Finance
US authorities charge former Equifax executive over insider trading: SEC

US authorities charge former Equifax executive over insider trading: SEC

In addition to the SEC complaint, Ying is facing criminal charges from the U.S. Attorney's Office for the Northern District in Georgia. You may remember that Equifax's hacker was said to have ex...

by · Finance
Canada's Justin Trudeau accuses China of 'dumping' steel on global markets

Canada's Justin Trudeau accuses China of 'dumping' steel on global markets

The potential tariffs would target the technology and telecommunications sectors, according to Reuters , but would not be limited to those sectors. The head of Eurofer, Europe's main steel federa...

by · Finance
India Thrashes Bangladesh to Cruise Into Final of Nidahas Trophy

India Thrashes Bangladesh to Cruise Into Final of Nidahas Trophy

After the match, Rohit, the Man of the Match, admitted that it was high time for him to get some runs. Skipper Rohit Sharma played an impressive knock of 89 runs in 61 balls. When asked whether the ...

by · Finance
BC at odds with World Cup bid committee, raising concerns over costs

BC at odds with World Cup bid committee, raising concerns over costs

Vancouver was not pursuing the bid alone, but part of a united push from Canada, the United States and Mexico. Johal also said he's received information that the internal deadline to join the bid wa...

by · Finance
Prudential to spin off United Kingdom and European business

Prudential to spin off United Kingdom and European business

The company says M&G Prudential will be an "independent, capital-efficient UK & Europe savings and investment provider", headquartered and premium-listed in London. As part of the demerger arrangeme...

by · Finance