Money

India shares end little changed after record highs as derivatives expiry weighs

India shares end little changed after record highs as derivatives expiry weighs Telecom stocks fell broadly, with Idea Cellular , Bharti Airtel and Tata Teleservices losing 2-5 percent. As of 9.30 am, Nifty was down 0.48 per cent at 9,971.95 and the Sensex traded 195.77 points or 0.60 per cent lower at 32,187.58. HCL Technologies has maintained its revenue growth guidance of between 10.5-12.5 per cent in constant currency terms. The pharma sub-index of NSE was down 1.0... [Full Article...]

Wells Fargo Advantage Income Opportunities Fund (NYSEMKT:EAD) Quarterly Sentiment Report

Wells Fargo Advantage Income Opportunities Fund (NYSEMKT:EAD) Quarterly Sentiment Report Wells Fargo & Company is a bank holding company. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued. The insider Pelos Petros G sold 24,708 shares worth $1.34 million. Shares for $9,375 were sold by Menard Chrystal. ALBI JOSEPH R had sold 2,500 shares worth $307,500 on Wednesday, March 15. [Full Article...]

Meg Whitman rules out becoming Uber CEO, reaffirms commitment to HPE

Meg Whitman rules out becoming Uber CEO, reaffirms commitment to HPE Photo Meg Whitman , chief executive of Hewlett Packard Enterprise , on Thursday responded to rumors that she would lead Uber by saying, "I am not going anywhere". "I'm very confident in Dion's continued vision and leadership", she said. Within that list is Whitman, who is allegedly viewed internally as the ideal replacement for outgoing CEO and founder Travis Kalanick . [Full Article...]

Boko Haram kidnaps 10 members of a research team in Borno

Boko Haram kidnaps 10 members of a research team in Borno Security operatives and some members of the civilian JTF escorting the researchers, numbering up to 30, were also reported to have fallen into the trap of the terrorists. The minister said there had been some level of stability in the area in the last six months when the exploration team commenced work in the region. [Full Article...]

Uber's Biggest Rival In Asia Raises rival $2.5bn in fresh investments

Uber's Biggest Rival In Asia Raises rival $2.5bn in fresh investments The Bengaluru company has raised almost $400 million since November previous year as it seeks to fortify its position as the first mover in the Indian taxi aggregation market. As per the Journal, any speculation - which could incorporate new cash for the organization beyond secondary share sales - would occur after the arrangement of the following Uber CEO, a procedure that is appearing as though ... [Full Article...]

FCA moots synthetic Libor as rates fallback

FCA moots synthetic Libor as rates fallback Libor is calculated every working day by polling major banks on their estimated borrowing costs. The inter-bank lending rate that has been at the heart of a price-fixing scandal is to be killed off within 4 years. - but lawyers say this option may require banks to post initial margin against the amended trades, adding potentially huge additional costs. "It is now clear that market participan... [Full Article...]

FY2017 Earnings Estimate for Alphabet Inc. (GOOGL) Issued By Oppenheimer Holdings

FY2017 Earnings Estimate for Alphabet Inc. (GOOGL) Issued By Oppenheimer Holdings MKM Partners reissued a "buy" recommendation and given a $1,170.00 price target (up from $1,000.00) on stocks of Alphabet in a note on Mon, May 8th. Finally, Barclays PLC reaffirmed an "overweight" rating and issued a $1,060.00 price target (down from $1,065.00) on shares of Alphabet in a research note on Tuesday. [Full Article...]

Verizon Communications' (NYSE:VZ) Hold Rating Reiterated at Royal Bank Of Canada

Verizon Communications' (NYSE:VZ) Hold Rating Reiterated at Royal Bank Of Canada Bernstein both downgraded the stock and raised the price target on April 7 boosting the price target from $54.00 to $55.00 and altering the rating from "Outperform" to "Market Perform". 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Verizon Communications's payout ratio is now 77.00%. Covering sell-side analysts have recently weighed in on shares of Citigroup Inc. [Full Article...]

Coca-Cola Company (The) (NYSE:KO) Position Raised by Duncker Streett & Co. Inc

Coca-Cola Company (The) (NYSE:KO) Position Raised by Duncker Streett & Co. Inc About 2.21 million shares traded or 16.93% up from the average. In recent trading day HollyFrontier Corporation (HFC ) stock showed the move of -0.28% with the closing price of $28.52. Blackrock Advsr Ltd Liability holds 2,503 shares or 0% of its portfolio. During that time period, shares are up 5.28% which has provided some nice profits for investors who may be looking to take advantage of t... [Full Article...]

Starbucks puts spotlight on China amid United States growth worries

Starbucks puts spotlight on China amid United States growth worries Starbucks Chief Executive Officer Kevin Johnson told Reuters that the cash deal in China, which will give it ownership of about 1,300 stores in Shanghai and Jiangsu and Zhejiang provinces, is part of the company's "long game" in the country that is its fastest-growing market outside the United States. [Full Article...]

Delta purchases 10% stake in Air France-KLM

Delta purchases 10% stake in Air France-KLM The transatlantic partnership combines existing joint-ventures between firstly Air France-KLM, Delta and Alitalia , and secondly between Delta and Virgin Atlantic , Air France-KLM said. and United Kingdom . "We couldn't be more excited that the next stage of our growth will be at the heart of the strongest partnership for customers travelling between Europe and North America". [Full Article...]

New Cash Meets Old Politics in NYC Subway Overhaul

New Cash Meets Old Politics in NYC Subway Overhaul The Action Plan was released on Tuesday. While MTA Chairman Joe Lhota told the New York Post details about station corporate sponsorships are still being ironed out, he did say the initiative would be akin to adopt-a-highway programs. Cuomo, speaking at a breakfast with business leaders in midtown Manhattan, said the state's Metropolitan Transportation Authority is developing a "subway partner... [Full Article...]

London Indian Muslim, 19, Kidnapped, Raped and Murdered for Dating Arab

London Indian Muslim, 19, Kidnapped, Raped and Murdered for Dating Arab Also, an another woman was allegedly bound, gagged and raped in the same house, her name can not be revealed due to legal reasons. He appeared alongside Vincent Tappu , 28, of Acton, west London , who stands charged with kidnapping both women. [Full Article...]

Barclays PLC (LON:BARC) Earns Buy Rating from HSBC Holdings plc

Barclays PLC (LON:BARC) Earns Buy Rating from HSBC Holdings plc On The Beach Group PLC (LON:OTB) has 0.00% since July 27, 2016 and is. About shares traded. Assured Guaranty Ltd. (NYSE:AGO) has risen 51.57% since July 27, 2016 and is uptrending. Schneider Capital Management Corp owns 2.36 million shares or 1.31% of their USA portfolio. (NYSE:EGY). Blackrock Ltd invested 0% in VAALCO Energy, Inc. [Full Article...]

Lyft's 'Taco Mode' brings riders to closest Taco Bell

Lyft's 'Taco Mode' brings riders to closest Taco Bell The not-so-bueno: Taco Mode will only be available in Orange County, Calif., from July 27-30, and again from August 3-6, during the prime munchies hours of 9 p.m.to 2 a.m. If you're faded and have the munchies " Taco Mode " is there to get you fed and get you to bed... like the real party MVP it is. Not only will your driver take you South of The Border, but there will also be a custom menu, f... [Full Article...]

Viacom is out of the running for deal to buy Scripps Networks

Viacom is out of the running for deal to buy Scripps Networks It has ranged in price between $2.39-$2.58 after having started the session at $2.55 as compared to the previous trading day's close of $2.51. The stock's 50 day SMA price is $68.68 and its 200 SMA price is $73.46. The company reported $1.53 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.18 by $0.35. Technical analysis can help recognize key technical price levels ... [Full Article...]

Ben & Jerry's faces boycotts because weed killer ingredient is in ice cream

Ben & Jerry's faces boycotts because weed killer ingredient is in ice cream The ingredient was reportedly found in flavors like Phish Food , Half-Baked and Peanut Butter Cookie. Cherry Garcia was the only flavor tested that did not contain herbicide residues. In 2015, the World Health Organization (WHO) declared that the herbicide is "probably carcinogenic to humans". "But then these tests come along, and we need to better understand where the glyphosate they're ... [Full Article...]

Blue Apron Holdings Inc (NASDAQ:APRN) Coverage Initiated at Needham & Company LLC

Blue Apron Holdings Inc (NASDAQ:APRN) Coverage Initiated at Needham & Company LLC As such, Mahaney initiates coverage on APRN with an Outperform rating and a price target of $10, which indicates a near 35% upside from current levels. The firm's 50 day moving average price is $7.73 and its 200-day moving average price is $7.73. COPYRIGHT VIOLATION WARNING: This article was first published by Stock Observer and is the sole property of of Stock Observer. [Full Article...]

Tropical Depression Greg enters Central Pacific

Tropical Depression Greg enters Central Pacific Ever since, it has steadily intensified. Irwin is forecast to become a minimal hurricane tonight or Tuesday. Irwin has intensified into a hurricane, and is now projected by several forecast models to interact with Hilary by rotating around that storm beginning on Thursday. [Full Article...]

Trump's communications director to 'fire everybody' to stop WH leaks

Trump's communications director to 'fire everybody' to stop WH leaks He noted the resignation of White House press aide Michael Short on Tuesday. Multiple reports indicated that Spicer's resignation further pitted the NY faction of the White House against the Washington , D.C., establishment faction. Between Scaramucci and Spicer's immediate replacement, the equally ineffectual Sarah Huckabee Sanders , things are going to change around here. Scaramucci ... [Full Article...]


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