Money

Court bars live coverage of Samsung heir's trial

Court bars live coverage of Samsung heir's trial Lee Jae-yong, the de facto head of the Samsung group, is set to receive the verdict Friday in his trial at a South Korean court that could result in imprisonment on bribery and other charges. But many in South Korea's legal profession think that a guilty verdict for bribery and embezzlement will result in prison time for Lee. But there has been increasing concern over the cosy relationships be... [Full Article...]

Taking a Look at the Operational Data for Valero Energy Corporation (VLO)

Taking a Look at the Operational Data for Valero Energy Corporation (VLO) The Kwmg Llc holds 16,873 shares with $1.15M value, up from 9,982 last quarter. Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The company was maintained on Wednesday, October 26 by Howard Weil. The stock has "Hold" rating by Jefferies on Thursday, January 12. The stock of Armstrong World Industries Inc (NYSE:AWI) has "Hold" rating given on Thursday,... [Full Article...]

2-day-old baby found in complex where pregnant woman went missing

2-day-old baby found in complex where pregnant woman went missing Meanwhile, a north Fargo woman went public this week to refute a Facebook post that accused her of luring LaFontaine-Greywind to an upstairs apartment in the missing woman's building. A resident of the building, Christipher Miranda, said he heard noises in the bathroom above his apartment Saturday afternoon. Savanna and Matheny are expecting a little girl in late September, the Forum News Servi... [Full Article...]

Highway liquor ban does not apply within city limits, Supreme Court clarifies

Highway liquor ban does not apply within city limits, Supreme Court clarifies He asked them to make sure that the order is used to its fullest potential for the goal of generating revenue for the department and also to see that unauthorised booze trade is effectively stopped through employing the latest technology. [Full Article...]

EPS Forecast Revision Scan: Signet Jewelers Limited (SIG)

EPS Forecast Revision Scan: Signet Jewelers Limited (SIG) First Merchants Corp increased its position in Signet Jewelers Limited by 28.9% in the first quarter. Signet operates approximately 3,600 stores primarily under the name brands of Kay Jewelers, Zales, Jared The Galleria Of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda. [Full Article...]

Securities Analyst Recommendations: The JM Smucker Company (SJM), Flex Ltd. (FLEX)

Securities Analyst Recommendations: The JM Smucker Company (SJM), Flex Ltd. (FLEX) J.M. Smucker Company (The) New also recently declared a dividend for shareholders payable on Friday the 1st of September 2017. It has underperformed by 17.54% the S&P500. Retail Coffee, U.S. Its up 0.11, from 1 in 2016Q3. It improved, as 54 investors sold J M Smucker Co shares while 219 reduced holdings. 79 funds opened positions while 223 raised stakes. [Full Article...]

Analyst Stock Recommendations For Regis Corporation (RGS), Fiat Chrysler Automobiles NV (FCAU)

Analyst Stock Recommendations For Regis Corporation (RGS), Fiat Chrysler Automobiles NV (FCAU) Investors will keep close watch to see if the stock breaks through a resistance point for another bull run, or if the stock might enter into overbought territory and be ripe for a regression or pullback. Fiat Chrysler declined to comment. Waldron acquired a new position in stocks of Fiat Chrysler Automobiles during the Q1 assessed at roughly $382,000. [Full Article...]

United States oil inventories down by 3.3 mln bbls

United States oil inventories down by 3.3 mln bbls The weekly rollout of data on USA inventories will start soon. The efforts have been hindered by rising output from shale fields and countries like Libya, which is exempt from OPEC-led cuts. "The most recent EIA stock update gave something for both bulls and bears to cheer about", said Stephen Brennock, an analyst at PVM Oil Associates Ltd.in London. [Full Article...]

In Cuba : 16 U.S. staff were hurt in embassy 'health attack'

In Cuba : 16 U.S. staff were hurt in embassy 'health attack' Some of the diplomats' symptoms were so severe they were forced to cancel their tours early and return to the United States, officials said . Cuba has denied any involvement in the attacks . government would hold Cuban authorities " responsible for finding out who is carrying out these health attacks ", according to CBS News . A single company was delisted Tuesday, and that company had 60... [Full Article...]

Amazon plans on lower prices at Whole Foods

Amazon plans on lower prices at Whole Foods Whole Food's private label brands, including 365 Everyday Value, Whole Foods Market, Whole Paws and Whole Catch, will be available through Amazon .com, AmazonFresh , Prime Pantry and Prime Now . Target shares fell 4 percent, closing at $54.21. "Lower prices could be catastrophic for some operators", said Madeline Hurley, a senior analyst at market research firm IBISWorld. [Full Article...]

Apple Officially Announces New Iowa Data Center

Apple Officially Announces New Iowa Data Center Apple, Incorporated has chosen Waukee for a new high-tech facility, joining other tech giants Microsoft , Google , and Facebook which built data centers in Iowa in recent years. "Every day they make it possible for Apple users to send tens of billions of messages, to save more than a billion photos, and to place tens of millions of Facetime video calls", Cook said. [Full Article...]

Sears reports loss, will close another 28 Kmart stores

Sears reports loss, will close another 28 Kmart stores Sears Holdings Corp. on Thursday reported a loss of $251 million in its fiscal second quarter. A bleeding Sears Holdings Corporation, announced they are closing another 28 Kmart stores Thursday. This included a decline of 9.4 percent for Kmart stores, and a decline of 13.2 percent at Sears stores, the company said. Total sales fell to $4.37 billion, from $5.66 billion, primarily due to store ... [Full Article...]

Cabinet clears alternative mechanism to oversee PSU bank consolidation

Cabinet clears alternative mechanism to oversee PSU bank consolidation The proposals received from banks for in-principle approval to formulate schemes of amalgamation shall be placed before the Alternative Mechanism (AM). The decision would facilitate consolidation among the nationalised banks to create strong and competitive banks. The RBI Governor Urjit Patel had said in April that the banking system in India could be better off if some public sector banks are... [Full Article...]

Hanergy to install thin-film solar panels on rooftops of Audi vehicles

Hanergy to install thin-film solar panels on rooftops of Audi vehicles Audi plans to complete the first by the end of 2017. The energy generated by the solar panels will flow to the car's electrical system to power volt-hungry accessories like the air conditioning and the seat heaters. "By combining Alta's continuing breakthroughs in solar technology with Audi's drive toward the future of the auto industry, we will define the solar vehicle of the future". [Full Article...]

Dixons Carphone warns on profits as customers keep phones for longer

Dixons Carphone warns on profits as customers keep phones for longer The group reported profit of 501 million pounds in the year to 29 April, and analysts had expected a similar number this year. Noting "challenging conditions" in the United Kingdom phone market, Dixons Carphone's group chief executive, Seb James, wrote in an unscheduled statement that technical innovations have become more incremental. [Full Article...]

Body found after deadly warship collision handed to US Navy

Body found after deadly warship collision handed to US Navy The Royal Malaysian Navy has located one body at sea, and officials are working to determine whether it is one of the missing sailors, he said. Among the Navy's major incidents of late, a collision between the U.S. Partlow said she wants "him to be safe". The work of looking into the McCain collision is just beginning. The USS America is providing crew and berthing services to the McCain crew me... [Full Article...]

Parkhead is key if Celtic are to progress in the Champions League

Parkhead is key if Celtic are to progress in the Champions League Celtic held a 5-0 lead heading into the second leg of the playoff round but lost 4-3 in Kazakhstan. "I am very happy and pleased to come though the six qualification games, especially against a team like Astana who are a good side". "They threw everything at it, they changed their shape". Despite being signed as a central midfielder, Ajer has played most of his football in Scotland in the h... [Full Article...]

Invite Nilekani to join Infosys board: Domestic investors

Invite Nilekani to join Infosys board: Domestic investors CNBC-TV18 first reported the development late on Tuesday. However, clarity on the status of Nilekani's specific role will be clearer in another 48 hours. He was expected to address concerns over the ongoing chaos at the IT-giant. Morale of employees, investors, board members, founders and outsiders has taken a beating not just due to Sikka's resignation but the ugly spate that followed with boar... [Full Article...]

Infosys turns to Nandan Nilekani, what makes him Mr Suitable?

Infosys turns to Nandan Nilekani, what makes him Mr Suitable? Oppenheimer Developing Marktets Fund is the biggest foreign portfolio investor (FPI) with a stake of 2.16 per cent. Sharp decline in Infosys share prices following the developments has wiped out Rs 34,000 crore of investors' wealth in the last two days. [Full Article...]

Utkal Express Accident Impact: Prabhu Offers To Quit Cabinet, PM Says Wait

Utkal Express Accident Impact: Prabhu Offers To Quit Cabinet, PM Says Wait I met the Prime Minister, taking full moral responsibility. Later, Prime Minister Modi, he said, asked him to "wait". This morning, 10 coaches of Kaifiyat Express heading towards Delhi derailed after colliding with a dumper near Auraiya district in Uttar Pradesh. [Full Article...]


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