Markets

RBI likely to release Rs 200 note next month

RBI likely to release Rs 200 note next month State Bank of India (SBI), had in a recent report stated, that the amount of cash lying with banks now is 5.4 per cent of the currency in circulation as compared to the 3.8 per cent before demonetisation. This is about 86 per cent of the Rs 17.7 trillion that was in circulation on November 4. It is believed that the circulation of Rs 2000 notes will decline after the introduction of Rs 200 not... [Full Article...]

Axis Bank shares fall almost 3% on Q1 results

Axis Bank shares fall almost 3% on Q1 results Brokerage HDFC Securities said numbers beat estimates with a stable asset quality compared to the preceding March quarter. Provisions and contingencies rose 10.62% to Rs 2,341.93 crore in the quarter from Rs 2,117.17 crore a year ago. [Full Article...]

S.Korea's AmorePacific profit plunges as China row hits duty-free sales

S.Korea's AmorePacific profit plunges as China row hits duty-free sales As part of efforts to overcome the difficulties, Hyundai planned to provide customer-tailored sport utility vehicles (SUVs) for product competitiveness and to intensify research and development (R&D) capability for future mobility market. The company is aiming to shore up its global sales through new models likes its Kona small SUV and Genesis G70 sports sedan, the CFO said at the briefing. [Full Article...]

Slight improvement as United Kingdom economy grows 0.3%

Slight improvement as United Kingdom economy grows 0.3% It is a slight improvement on the previous quarter. The UK economy grew in line with expectations in the second three months of the year, according to official figures released on Wednesday (26 July). "The lack of real-terms wage inflation also continues to drag, as does low productivity". Sterling was up by nearly 0.2 per cent against the euro to push above 1.12 before it fell back to 1.1... [Full Article...]

Western Asset Mortgage Capital Corporation

The stock of Western Asset Mortgage Capital Corp (NYSE:WMC) has "Hold" rating given on Friday, November 6 by Wunderlich. State Street Corp now owns 808,876 shares of the financial services provider's stock worth $8,142,000 after buying an additional 35,337 shares in the last quarter. [Full Article...]

Education Realty Trust (NYSE:EDR) Earns Daily Coverage Optimism Score of 0.18

Education Realty Trust (NYSE:EDR) Earns Daily Coverage Optimism Score of 0.18 The Adams Express Company holds 154,200 shares with $11.55 million value, down from 176,000 last quarter. Shares saw a steep decrease in trading volume of 95.23% under the normal average daily volume. Old National Bankshares In invested 0.02% of its portfolio in Education Realty Trust, Inc. Meeder Asset Management owns 833 shares or 0.01% of their U.S. [Full Article...]

BMW says electric version of Mini to be built in Oxford

BMW says electric version of Mini to be built in Oxford BMW on Tuesday said it had chosen its plant in Oxford, England as the location to produce an electric Mini from 2019, confirming an earlier Reuters report. The Munich-based automaker has shared some details on how it plans to electrify all the models under its and MINI's portfolio. By 2025, the BMW Group expects electrified vehicles to account for between 15-25% of sales. [Full Article...]

United States dollar mixed as Fed meeting starts

United States dollar mixed as Fed meeting starts The International Monetary Fund on Monday raised economic growth expectations for the euro zone and China as it kept global growth forecasts unchanged for this year and next. The dollar struggled against most of its trading partners including the euro, yen and pound on Monday morning, skirting 13-month lows. USD/JPY was last at 111.12. [Full Article...]

Turkish premier urges Muslims to 'protect' Jerusalem amid Temple Mount crisis

Turkish premier urges Muslims to 'protect' Jerusalem amid Temple Mount crisis The mosque compound has served as a rallying cry for Palestinians . Reuters witnesses reported some light clashes between Muslim worshippers and Israeli security forces after prayers at the entrance to Jerusalem's Old City on Sunday night. [Full Article...]

What's Behind Direxion Daily Financial Bull 3X Shares (FAS)'s Movement

This chart is used to project 1 bar forward (one day). You can see this when the TL flattens in small portions to move with price and its moments of ranging. This year's performance is 4.12% while this quarter's performance is -15.50%. Many consider the equity oversold if the reading is below -80 and overbought if the indicator is between 0 and -20. [Full Article...]

SK Hynix delivers another quarter of record results

SK Hynix delivers another quarter of record results SK Hynix generated net profits of KRW2.47 trillion in the second quarter of 2017, up 30% sequentially and a significant 763% on year. The big contributor was higher prices for SK Hynix's memory chips; the price of the company's NAND flash memory for smartphones rose an average of 8%. [Full Article...]

Hot Stock Alert: Anadarko Petroleum Corporation (APC)

Hot Stock Alert: Anadarko Petroleum Corporation (APC) It also upped Select Sector Spdr Tr (XLY) stake by 18,491 shares and now owns 118,199 shares. On 5/10/2016 Anadarko Petroleum Corporation announced a quarterly dividend of $0.05 0.42% with an ex dividend date of 6/6/2016 which will be payable on 6/22/2016. [Full Article...]

Gold Levels Off As Fed Kicks Off Meeting

Gold Levels Off As Fed Kicks Off Meeting The Fed's inflation target is 2%. Problem is, too-low inflation tends to slow consumer spending, the USA economy's main fuel. The bearish interpretation is that if we enter a recession with such weak growth and interest rates already so low, the Fed won't have many tools available to help spur growth again, and we'll find ourselves in a long-term malaise. [Full Article...]

Disney Channel Star Fired After Bragging About Terrorizing Neighborhood In Viral Video

Disney Channel Star Fired After Bragging About Terrorizing Neighborhood In Viral Video The former Vine star turned YouTuber hit headlines for all the wrong reasons recently, when claims that he's turning his residential street into a "living hell" for neighbours spread earlier this month. 'The neighbours hate me... Jake Paulers are the strongest army out there'. In a statement posted on Twitter (and clearly written in the iPhone "Notes" app, like all good public statements), Paul ... [Full Article...]

West Coast Financial LLC Cuts Stake in Chevron Corporation (NYSE:CVX)

It has underperformed by 16.70% the S&P500. 9,406 are owned by Old Dominion Capital Management. Its sales stood at -0.80% a year on average in the period of last five years. 8,693 shares were sold by LAKE CHARLES D II, worth $615,884. $5.03 million worth of stock was sold by Breber Pierre R on Thursday, February 2. (NYSE:HP) stake by 5,801 shares to 128,026 valued at $9.91 million in 2016Q4. [Full Article...]

Girl Scouts Getting with the Times, Offering New Badges

Girl Scouts Getting with the Times, Offering New Badges And now GSUSA says the 23 new badges represent the largest programming rollout for scouts in almost a decade, and presents the opportunity to "create algorithms, design robots and racecars, go on environmentally conscious camping trips, collect data in the great outdoors, try their hand at engineering, and so much more". [Full Article...]

Pro-BDS Activists Refused Boarding on Flight from USA to Israel

Pro-BDS Activists Refused Boarding on Flight from USA to Israel The three activist have ben vocal about the BDS campaign and have many times criticized Israeli policies against Palestinians. The statement added that efforts to delegitimise Israel are a "significant threat" to the country's strength and national security. [Full Article...]

Facebook now automatically stabilizes shaky Live 360 videos

Facebook now automatically stabilizes shaky Live 360 videos Now the list contains almost a dozen devices, a lot of them cameras such as the Garmin VIRB 360, Giroptic iO and three Insta360 models. The Insta360 Air and Insta360 Nano are plug-and-play devices that instantly turn phones into 360 live-streaming cameras. [Full Article...]

Blue Apron Holdings Inc (NASDAQ:APRN) Coverage Initiated at Citigroup Inc

Blue Apron Holdings Inc (NASDAQ:APRN) Coverage Initiated at Citigroup Inc They issued a buy rating and a $10.00 target price on the stock. 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. Blue Apron Holdings has a 12-month low of $6.23 and a 12-month high of $11.00. The stock's market capitalization is $196.78 million. The company has a 50 day moving average of $7.... [Full Article...]

Senate panel seeks implementation of safety rules for oil tankers - Newspaper

Senate panel seeks implementation of safety rules for oil tankers - Newspaper Addressing members of the Senate committee, Minister for Petroleum Shahid Khaqan Abbasi agreed that oil tankers in the country lacked safety features. "Besides, oil companies continue to fill the tankers without proper documentation and certifications", she said. We suspect that oil marketing companies were behind the strike, the spokesman said. [Full Article...]


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