Money

Uber's Indian rival Ola raises $1.1bn investment to deepen market presence

Uber's Indian rival Ola raises $1.1bn investment to deepen market presence In an official statement, the homegrown ride-sharing startup revealed that it is now in advanced talks with other investors to close an additional US$1 billion as part of the current financing round, taking the total fundraise to over US$2 billion. [Full Article...]

Alibaba to launch US$15bn R&D campaign

Alibaba to launch US$15bn R&D campaign Alibaba's business is undoubtedly soaring , having achieved year-on-year growth in revenue of 56pc according to a quarterly report released by the company in August of this year. Now the e-commerce giant has 25,000 engineers and scientists on its staff and hopes to create 100m job opportunities within the next two decades. Alibaba's officials have declared that the advisory board members of t... [Full Article...]

Investors Buy JP Morgan Chase & Co (JPM) on Weakness

Investors Buy JP Morgan Chase & Co (JPM) on Weakness The institutional investor owned 209,163 shares of the financial services provider's stock after selling 86,406 shares during the quarter. Shareholders of record on Friday, October 6th will be issued a dividend of $0.56 per share. Therefore 52% are positive. Allied Motion had 3 analyst reports since April 21, 2016 according to SRatingsIntel. On Friday, September 9 the stock rating was downgraded b... [Full Article...]

AHL Partners LLP Sells 16466 Shares of Valero Energy Corporation (VLO)

Factory Mutual Insurance Company decreased Cerner Corp (CERN) stake by 20.85% reported in 2017Q2 SEC filing. Lodestar Invest Counsel Ltd Liability Il invested in 8,515 shares or 0.07% of the stock. Css Ltd Com Il owns 31,020 shares for 0.15% of their portfolio. Stadion Money Mgmt Ltd Com reported 10,082 shares. 35,974 shares of the company were exchanged. [Full Article...]

Two Stocks To Trade Now: Intel Corporation (INTC), Calithera Biosciences, Inc. (CALA)

Two Stocks To Trade Now: Intel Corporation (INTC), Calithera Biosciences, Inc. (CALA) About shares traded. Intel Corporation (NASDAQ: INTC ) has risen 19.47% since October 10, 2016 and is uptrending. It has outperformed by 2.77% the S&P500. The stock decreased 1.31% or $0.03 during the last trading session, reaching $2.64. Analysts await Monotype Imaging Holdings Inc. The Stock had a 2.13 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the an... [Full Article...]

Google's Internet-Beaming Balloons Will Deliver Communications to Puerto Rico

Google's Internet-Beaming Balloons Will Deliver Communications to Puerto Rico Just a few weeks ago Puerto Rico was struck a heavy blow by Hurricane Irma, swiftly followed by a sucker punch from Hurricane Maria . Project Loon's wireless network also needs the cooperation of the wireless carriers on the island to work, because those calls still need the cellular network to function to provide connections to the wider telephone network. [Full Article...]

Here is What Institutional Investors Think About Marathon Petroleum Corp (NYSE:MPC)

Here is What Institutional Investors Think About Marathon Petroleum Corp (NYSE:MPC) Prologis Inc. now has $34.60B valuation. On the other end, a stock with a score from 0-2 would be viewed as weak. About 135,146 shares traded. Prologis Inc (NYSE:PLD) has risen 18.74% since October 10, 2016 and is uptrending. At present, 11 analysts recommended Holding these shares while 1 recommended sell, according to FactSet data. Therefore 67% are positive. Nike Inc. had 187 analyst reports si... [Full Article...]

Texans star will miss rest of Chiefs game

Texans star will miss rest of Chiefs game J. Watt for the Houston Texans . "I can't sugarcoat it, I am devastated", Watt wrote on Twitter. Bill O'Brien has his work cut out for him with injuries to Watt and Mercilus. The Texans know that it's a big blow to lose a player of his caliber again, but they have to figure out a way to move on like they did previous year when the defense allowed the fewest yards in the National Football Leag... [Full Article...]

Investors Sell Shares of Walt Disney Company (The) (DIS) on Strength (DIS)

Investors Sell Shares of Walt Disney Company (The) (DIS) on Strength (DIS) The VC1 of The Walt Disney Company (NYSE: DIS ) is 42. It has underperformed by 7.44% the S&P500. Moreover, Bowling Port Mngmt Limited Liability has 0.92% invested in Intel Corporation (NASDAQ:INTC). Therefore 71% are positive. Portola Pharmaceuticals had 28 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of IDEXX Laboratories, Inc. [Full Article...]

Texas Instruments Incorporated (TXN): Overbought Stock Of Yesterday

It has outperformed by 23.61% the S&P500. Next Financial Group Inc decreased Activision Blizzard Inc (ATVI) stake by 4.85% reported in 2017Q2 SEC filing. RBC Capital Markets maintained the shares of WSM in report on Thursday, August 27 with "Sector Perform" rating. Barclays Capital maintained Activision Blizzard, Inc. [Full Article...]

General Motors Company (NYSE:GM) Stock Through Resistance -- Technicals Hit Extreme Strength

Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The business had revenue of $36.98 billion during the quarter, compared to analysts' expectations of $37.67 billion. General Motors's revenue for the quarter was down 1.1% on a year-over-ye... [Full Article...]

Russia Will Block Bitcoin Exchange Websites, Says Central Bank Official

Russia Will Block Bitcoin Exchange Websites, Says Central Bank Official In Russia , financial regulators have accepted that there is a booming market for digital currencies worldwide. Putin called for building a "regulatory environment" based on worldwide experience that would defend the interests of business and the state, as well as provide legal guarantees for those using the instruments. [Full Article...]

Arjen Robben retires from Netherlands national team

Arjen Robben retires from Netherlands national team Sweden now enter a two-legged playoff next month against one of the other eight best second-placed European sides. The Bayern Munich star may be playing his final game for the Netherlands , tonight, unless the Dutch do somehow manage to score another five and not concede against the Swedes. [Full Article...]

Indicator Spotter: Watching the Numbers on Shares of CISCO SYSTEMS DL-001

After having $0.22 EPS previously, Fortress Investment Group LLC's analysts see 18.18% EPS growth. Westchester Capital Mngmt Limited Liability holds 6.49M shares. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. 13 funds opened positions while 40 raised stakes. [Full Article...]

Sears Canada plans to cease operations

Sears Canada plans to cease operations The court overseeing Sears Canada's operations is set to hear a motion Friday seeking approval for the liquidation and wind down of the business. Executive chairman Brandon Stranzl had been working on a bid to save the company but has so far been unsuccessful. [Full Article...]

Activist investor aims for a seat on P&G board

Activist investor aims for a seat on P&G board P&G announced the preliminary results of the vote late Tuesday morning at the conclusion of the company's annual shareholder meeting - saying all 11 of its board nominees were selected. Peltz has been on a winning streak and his influence is being felt in a number of boardrooms in the U.S. Nelson Peltz of Trian was not elected to the Board. [Full Article...]

Southwest Is Having a 72-hour Sale With Flights Starting at $42

Southwest Is Having a 72-hour Sale With Flights Starting at $42 The sale ends on Thursday, October 12 at 11:59 p.m. For Florida and Nevada flights, sale fares are only good Sunday through Wednesday for inbound flights and Tuesday through Friday for outbound flights. Flights from Detroit Metro Airport to Baltimore and Chicago Midway are available for $49 each way. But you'll have to act fast - ticket prices will only be that low for 72 hours. [Full Article...]

Thaler's Funds Are a Rational Home for His $1 Million Nobel Prize

Thaler's Funds Are a Rational Home for His $1 Million Nobel Prize Richard Thaler , of the University of Chicago, was speaking in a phone call to a news conference immediately after the Nobel committee announced he is the victor of this years 9-million-kronor ($1.1-million) prize. Thaler, a professor of behavior science and economics at the University of Chicago, took home one of the most prestigious prizes in the field of economics for his contributions to the s... [Full Article...]

Budget 2018: All You Need To Know

Budget 2018: All You Need To Know While Ireland's economy has posted the fastest growth in Europe for the past three years, sluggish sentiment surveys suggest many consumers are seeing few benefits amid increasing living costs, particularly in rents and rising house prices. [Full Article...]

Kobe plunges on metals products scandal

The revelation that Japan's third-biggest steelmaker Kobe Steel Ltd's fabricated data for some of its aluminum and copper products has left affected manufacturers scrambling to pin down the potential impact. Spokesmen for Honda and Nissan also confirmed they had used Kobe materials with falsified data in their cars but were still assessing the consequences. [Full Article...]


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