Money

RBI monetary policy to be announced today: Here's what you can expect

RBI monetary policy to be announced today: Here's what you can expect A Reuters poll showed 58 of 60 economists expect the repo rate to be kept at 6.00 percent, the lowest since November 2010, and the reverse repo rate at 5.75 percent. Higher yields could hurt economic recovery. Nonetheless, the RBI will need to tread carefully, given the prospect that any premature tightening move could throttle an economy expected to grow 6.7 per cent in the fiscal year that e... [Full Article...]

Tronc to sell Los Angeles Times

Tronc to sell Los Angeles Times The Times , acquired by Tronc's predecessor Tribune Co in 2000, has undergone several management changes and rounds of layoffs, reflecting a struggle by newspapers in general to adapt to digital media. Here is a sense of the Southern California conversation, with reactions from inside both newsrooms. Days after the announcement that the union campaign was successful, sources told HuffPost tha... [Full Article...]

Ryanair profit surges despite flight cancellations

Ryanair profit surges despite flight cancellations The results today came one week after Ryanair signed an agreement to recognise the British Airline Pilots Association (Balpa), reversing its historic hostility towards trade unions. "We have successfully concluded our first recognition agreement with BALPA in the United Kingdom, a market which accounts for over 25 percent of our pilots", O'Leary said. [Full Article...]

New memo: Second Steele report was based on input from Clinton allies

If you're scoring at home, the House Permanent Select Committee on Intelligence released a memo over the objections of Democrats and the media that showed how the FBI used Steele's first dossier to get a federal warrant to spy on people close to Trump. [Full Article...]

NBC Special Report on Monday's falling markets

NBC Special Report on Monday's falling markets But in an example of the bumpy ride Wall Street is on Tuesday, the index quickly gave up some gains was up 341 points at 24,687. In early Europe trading London's FTSE 100 was down 3.5 percent at 7,081 points. I think the fundamentals are quite strong". Markets can not be one way. USA stocks went on another bumpy ride on Wall Street, dropping sharply in early trading before recovering the... [Full Article...]

Market Mover - Shell Midstream Partners, LP (SHLX)

Market Mover - Shell Midstream Partners, LP (SHLX) Genesis Asset Managers Llp increased its stake in Ultrapar Participacoes Sa (UGP) by 10.48% based on its latest 2017Q3 regulatory filing with the SEC. That puts total institutional holdings at 99,665,510 shares, according to SEC filings. Endurance Wealth Management has invested 0.01% in Martin Midstream Partners L.P. [Full Article...]

Feds pull back from investigating Equifax hack

Feds pull back from investigating Equifax hack A CFPB spokesperson said Tuesday the bureau is "looking into Equifax's data breach and response", but did not provide further details. Marketplace Tech host Molly Wood talks about it with Patrick Rucker, who had the exclusive for Reuters . [Full Article...]

U.S. stock futures volatile after massive market plunge

U.S. stock futures volatile after massive market plunge At one point not long after noon PT the Dow Jones was down over 1500 points. The decline was the largest in percentage terms for the Dow since August 2011 , when markets dropped in the aftermath of "Black Monday" - the day Standard & Poor's downgraded its credit rating of the US. [Full Article...]

Dow begins to rebound after opening loss of 567 points

Dow begins to rebound after opening loss of 567 points In Saudi Arabia, the region's biggest economy, the Tadawul stock exchange slipped 1.5 percent while Qatar's closed a little more than 2 percent down. "It just means the market had come too far too fast and that was unsustainable", he said. With economies growing around the world, profits for US businesses are expected to continue rising, and stock prices tend to follow the path of corporate earn... [Full Article...]

326 prospects invited to 2018 NFL Scouting Combine

326 prospects invited to 2018 NFL Scouting Combine Former Oklahoma quarterback Baker Mayfield won't shy away from anything at the 2018 NFL Scouting Combine. Alabama - the 2018 National Champion - leads all schools with invitations extended to 14 players. The 2017 Heisman Trophy victor is trying to bolster his stock before the 2018 NFL Draft, where he's been discussed as one of the top quarterback prospects in this upcoming rookie class. [Full Article...]

Asian stocks took their cues from the United States, wiping out 2018 gains

Asian stocks took their cues from the United States, wiping out 2018 gains In the Middle East, stocks were touched by the USA and Asian markets' sell-off, though the losses were more limited. In Saudi Arabia, the region's biggest economy, the Tadawul stock exchange slipped 1.5 percent while Qatar's closed a little more than 2 percent down. [Full Article...]

Broadcom to ramp up pressure on Qualcomm with new $120bn bid

Broadcom to ramp up pressure on Qualcomm with new $120bn bid Ltd. use their market dominance to negotiate down chip prices, the news agency said . Broadcom says it is prepared to invite Paul Jacobs and one other current Qualcomm director to join the combined company's board if the merger is completed. [Full Article...]

Basic Motors beats expectations on sturdy crossover gross sales and price management

Basic Motors beats expectations on sturdy crossover gross sales and price management Burt Wealth Advisors invested in 0.02% or 906 shares. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GM. As a result results using moving averages can be random at times the market appears to respect SMA support/resistance and trade signals, and other times it shows no deference. [Full Article...]

FTSE 100 falls steeply as global stock sell-off continues

FTSE 100 falls steeply as global stock sell-off continues Intensifying worries over the impact of rising inflation piled pressure on to markets across the world. Earlier, Taiwan's main index .twii lost 5.0 percent, its biggest slump since 2011, Hong Kong's Hang Seng Index .hsi dropped 5.1 percent and Japan's Nikkei .n225 dived 4.7 percent, its worst fall since November 2016, to four-month lows. [Full Article...]

Crude Oil Tumbles Along With Global Stocks

Crude Oil Tumbles Along With Global Stocks The continuous rise in Chinese oil imports is due to several factors, the EIA says. USA production is expected to grow by 2 million barrels a day between February 2017 and November this year, according to the Energy Information Administration. [Full Article...]

9-year-old Girl Scout sells cookies outside California marijuana dispensary

9-year-old Girl Scout sells cookies outside California marijuana dispensary According to Fox 4, the young girl's father claims his daughter sold over 300 boxes of cookies in about six hours after she made a decision to sell boxes of the popular cookies outside Urbn Leaf. Urbn Leaf founder, Will Senn, said the girl was with her parents and was just passing by with her wagon. "Cannabis is now legal in California and a direct result of that is the munchies a lot of time... [Full Article...]

BP Sees Five-Fold Rise In Q4 Earnings Amid Higher Oil Prices

BP Sees Five-Fold Rise In Q4 Earnings Amid Higher Oil Prices Commenting on the share buyback, BP Chief Financial Officer Brian Gilvary said: "Our share buyback programme in the fourth quarter offset the dilution from scrip dividends issued in September and our intent remains to offset any ongoing scrip dilution through further buybacks over time". [Full Article...]

U.S. trade deficit jumps amid surging imports

U.S. trade deficit jumps amid surging imports Trump has repeatedly threatened to terminate the North American Free Trade Agreement unless the pact linking Canada, Mexico and the United States can be changed to terms more favorable to Washington. trade deficit was mainly the result of higher demand from consumers and companies, showing that the USA economy gathered speed in 2017. The president has to decided in the next couple of months wh... [Full Article...]

Alexa Lost Her Voice But Won Over Viewers In Super Bowl Ad

Alexa Lost Her Voice But Won Over Viewers In Super Bowl Ad This is part of the patent that Amazon filed in September 2014 titled "Audible command filtering". The second tactic describes how a commercial itself could transmit an inaudible acoustic signal to tell Alexa to ignore its wake word. Put differently, if Alexa is picking up some gaps or detecting any similar anomalies in the spectrum, then it'll just ignore what it's hearing, such as its wa... [Full Article...]

Viavi Solutions Inc. (VIAV)- Analysts Hot Watch List

Viavi Solutions Inc . provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. During the same period in the prior year, the company posted $0.10 earnings per share . The difference between the expected and actual EPS was $0.02/share, which represents an Earnings surprise of 28.6%. [Full Article...]


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