Money
TCS Q1 profit dips 6% on stronger rupee
Reacting to a piece about TCS shutting down operations in Lucknow , impacting 2,000 employees, Gopinathan said that all talk of layoffs was "malicious rumour-mongering", and that the company is consolidating its operations in Noida. Some TCS associates said though they had seen it coming, they were earlier this year assured they would not have to shift out. The biggest IT company of the country r... [Full Article...]
Sports Direct Buys 26% of Struggling Retailer Game Digital
And presumably those premium loyalty cards aren't exactly flying off the shelves either. But according to Sky News , Sports Direct International has already bought a 25% stake in GAME Digital and is expected to officially announce the fact in the next few days. [Full Article...]
Major Computer Fault Brings Down Melbourne's Entire Metro Train Network
While Metro technicians worked to fix the issue, some services were restored around 5:15pm, although commuters were urged to allow extra travel time or to avoid the network altogether while train timetables were being updated. VicRoads also issued a warning that boom gates would be down for long periods due to the sudden influx in trains. Uber prices skyrocketed, with a five-minute trip - which ... [Full Article...]
Texas man stuck inside of an ATM
The bank building was closed for repairs and the guy got trapped in the ATM room while he was trying to fix the door lock. "I'm stuck in here". For a little while Wednesday afternoon, customers at an ATM in Texas got a curious extra with their cash. [Full Article...]
Defence experts hail JK police, CRPF for neutralising three Hizbul Mujahideen terrorists
The slain militants were identified as Aaqib Gul, Javaid Ahmad Sheikh and Sajad Ahmad Gilkar, all locals. Sheikh was the Hizbul district commander, the police officer said. Their family members were also brought to the area to convince them to surrender. Many people including a photo-journalist of a local newspaper sustained injuries in the security forces action. [Full Article...]
Taiwan Semiconductor Manufacturing Company Ltd.
Shelton Capital Management now owns 107,223 shares of the semiconductor company's stock valued at $3,083,000 after buying an additional 33,661 shares in the last quarter. Therefore 20% are positive. After $0.54 actual EPS reported by Taiwan Semiconductor Mfg. Co. Taiwan Semiconductor now has $177.23B valuation. Ltd. (ADR) (NYSE:TSM) has "Neutral" rating given on Tuesday, October 4 by Susquehanna. [Full Article...]
Barracuda Networks Received its Third Buy in a Row
US Bancorp DE raised its position in Barracuda Networks by 170.8% in the first quarter. Two Sigma Investments LP now owns 457,236 shares of the communications equipment provider's stock worth $9,799,000 after buying an additional 356,735 shares in the last quarter. [Full Article...]
Air Canada SFO 'Near Miss' Could Have Been Catastrophic
Air Canada flight 759 was expected to touch down on Runway 28R but "inadvertently" ended up heading toward Taxiway C, which runs parallel to the runway, the Federal Aviation Administration said in a statement. "Any time you have an incident where there's a potential for a catastrophic event, we take an interest", spokesman Keith Holloway said. Air Canada flight AC759 had been arriving at San Fra... [Full Article...]
China soy imports lower than expected in June, drop from May
That volume was down 20 percent from a record 9.59 million tonnes in May, but up 1.7 percent from 7.56 million tonnes in June past year, figures from the General Administration of Customs of China showed. While exports benefited from solid demand for electronics and industrial goods, a growing trade surplus, particularly with the United States, may add to trade tensions as U.S. [Full Article...]
Sensex ends at record new high, Nifty reaches new closing peak
The market is likely to stay richer for longer, according to Abhay Laijawala of Deutsche Equities who is very bullish on India with long term perspective. The next triggers are a set of corporate quarterly earnings, which is going to kick off on Thursday with TCS. However, the largest IT exporter, TCS fell 1.29 per cent ahead of its earnings, to be released on Thursday. [Full Article...]
Premier Oil's major Mexican oil discovery boosts shares
Notably, Zama-1 was the first offshore exploration to be drilled by the private sector in that North American country's history. Premier Oil's shares rocketed as much as 38 percent on Wednesday on news it discovered potentially more than 1 billion barrels of oil off the coast of Mexico, a major victory for Latin America's No. [Full Article...]
Darjeeling Unrest: Tourist Information Office Set on Fire in Chowrasta
SDO, BDO and DM offices in Darjeeling and Kalimpong districts would be gheraoed on Thursday. Each of the 15 parties in the committee will nominate one representative each. We will not bow down to the Centre's conspiracy in the hills. GNLF spokesperson Niraj Zimba said that in today's meeting all have agreed to demand for a CBI enquiry on the violence in the hills and killing of eight innocent ... [Full Article...]
Gianfranco Zola Suggests Chelsea Should Target Andrea Belotti over Alvaro Morata
Of those still on the market, Chelsea legend Zola feels that Torino frontman Belotti would be a more logical option for Antonio Conte than a Spain worldwide at Real Madrid . "For now no-one has come in for him". "I chose the clause to be €100m overseas remember, because it is very high and for the moment no-one has come in for him", Cairo said on Monday. [Full Article...]
Trump administration officials met with Hill aides last week on Russian Federation sanctions
Marc Short, Trump's director of legislative affairs, said earlier Monday "the administration is fully supportive of (current Iran and Russia ) sanctions". House Republicans first raised parliamentary concerns with the sanctions bill. "Let the House act, they need to act now". "The way it's now drafted is something we think neither a Democratic nor a Republican administration would support", Sh... [Full Article...]
Tahoe Resources Inc (NYSE:TAHO), Energy Transfer Partners LP (NYSE:ETP)
There are three primary ways to read the Stochastic Oscillator in search of entry points, but traders should follow the %D line closely because that indicates major trends on the chart. Price to Sale ratio of ETP stands at 1.98 while Price to Book Ratio stands at 0.63. It improved, as 37 investors sold ETE shares while 82 reduced holdings. [Full Article...]
Abby Lee Miller Reports to Prison to Serve One-Year Sentence
She was sentenced to one year and one day, and was granted her request to serve the time near her home in Los Angeles, Calif. In addition to one year and one day behind bars, Abby Lee's sentence includes two years of supervised release, a $40,000 fine and $120,000 judgement. [Full Article...]
Vendor Exposes 14 Million Verizon Customer Records Stored in Amazon S3
According to UpGuard's report on the matter, the Verizon data was stored by NICE Systems , a company that provides technology to run call centers efficiently but also has a "history of supplying technology for use in intrusive, state-sponsored surveillance". [Full Article...]
Google triumphs in French tax case
It found that the Irish unit did not have a "stable" presence in France, meaning that the French tax authorities could not collect corporate income and withholding taxes from it. In June the European Union fined Google a record 2.4bn euro for abusing its dominant position in the search engine business. Italian and British authorities have struck deals with Google to reclaim some of the tax they ... [Full Article...]
Parking pain: Boston drivers spend 53 hours a year searching for spot
The most expensive city was NY, where drivers are hit for an average of 107 hours of searching per year, or $2,243 in annual search cost. You're not alone. Two-hour parking in Seattle costs an average $10, ranking No. 7 among the 10 largest USA cities, according to INRIX . The hunt adds up to an estimated $345 per driver in wasted time, fuel, and emissions, according to the analysis by INRIX ,... [Full Article...]
Brokerages Set NRG Energy, Inc. (NYSE:NRG) Target Price at $20.43
SELL rating has been given by 3 analyst (s) and 1 analyst (s) given BUY rating to the stock. Williams Capital restated a "buy" rating on shares of NRG Yield in a research note on Thursday, June 1st. ILLEGAL ACTIVITY NOTICE: This piece was first posted by BNB Daily and is the property of of BNB Daily. If you are viewing this story on another domain, it was illegally copied and reposted in violati... [Full Article...]