Markets

No Armenian citizens among victims of Barcelona terror attack

No Armenian citizens among victims of Barcelona terror attack Police said they had also killed five attackers on Thursday night in Cambrils , a town south of Barcelona . Police in Spain say a fourth person has been arrested in connection with the attacks in Barcelona and Cambrils as the death toll Friday was raised to 14. [Full Article...]

GST grounds four IndiGo planes

GST grounds four IndiGo planes Indigo was reacting to a media report that claimed that the passenger carrier has cancelled over 80 daily flights and grounded 13 of its new Airbus A320neo aircraft due to engine-related issues. We have no further comments to offer", Aditya Ghosh, IndiGo's President and Whole-time Director, said in a statement. "The affected passengers have already been accommodated with suitable options". [Full Article...]

Hargreaves Services (LON:HSP) New Price Targets

Hargreaves Services (LON:HSP) New Price Targets The insider Funck Robert E sold $1.16M. Therefore 29% are positive. Webster Financial has $60 highest and $35 lowest target. Numis Securities's target is -14.38% from SHI's last price. HSBC Holdings plc now has a consensus rating of Hold and a consensus price target of GBX 682.40 ($8.86). SIG PLC had 143 analyst reports since July 24, 2015 according to SRatingsIntel. [Full Article...]

Barcelona terror attack suspects: Who are they?

Five people wearing fake suicide vests were shot dead by police in that attack after they drove a auto into people, injuring several passers-by. A van rammed into the crowds in Barcelona which killed more than a dozen and injured many. [Full Article...]

Three CEOs resign from Trump's American Manufacturing Council

Three CEOs resign from Trump's American Manufacturing Council It is also directed against a president who has proven to be notoriously thin-skinned about criticism of any kind. On Saturday, white nationalists held a "Unite the Right" rally in Charlottesville to protest the plans of authorities to remove a monument of Confederate Gen. [Full Article...]

Aubameyang, Omagbemi only Africans on Fifa Annual Awards shortlists

FIFA Legends have shortlisted 24 players for The Best FIFA Men's Player 2017 award on Thursday. Jose Mourinho has been nominated alongside 11 other managers for the 2017 Federation Internationale de Football Association men's coach award after claiming three pieces of silverware in his first season at Manchester United. [Full Article...]

Heineken's takeover of Punch Taverns gets green light from CMA

Heineken's takeover of Punch Taverns gets green light from CMA Heineken's proposed takeover of part of Punch Taverns has been given the green light, after the beer giant offered to sell 33 pubs across the UK. But following the brewer's offer to sell pubs in the affected areas the CMA said it was satisfied its concerns had been addressed. [Full Article...]

Former Uber CEO says investor lawsuit a 'public and personal attack'

Former Uber CEO says investor lawsuit a 'public and personal attack' Founder, board member and former CEO of Uber Travis Kalanick has fired back at a lawsuit filed against him by venture capital firm Benchmark Capital, saying that it is "part of its public and personal attack" on his reputation. Benchmark has asked the court to bar Kalanick from tinkering with the Uber board in any way, arguing that the former CEO was trying to pack the board with loyalists to ... [Full Article...]

Dollar slides to ¥109 on Trump woes, terror attacks in Barcelona

One White House official told Politico that "Nothing has changed" for Cohn. A senior administration official who is weighing the option of resigning said he made a decision to join the administration believing he could contribute his quota by bringing in his expertise and experience that the President was lacking in his business career, and to encourage him to be mindful of what he says public... [Full Article...]

Estee Lauder beats forecasts on booming cosmetics demand

Banco Santander S.A. raised its position in Estee Lauder Companies, Inc. Falcon Edge Capital Lp increased Yum Brands Inc (YUM) stake by 64.22% reported in 2016Q4 SEC filing. The institutional investor owned 73,618 shares of the company's stock after buying an additional 600 shares during the period. This dividend represents a yeild of $1.34 which is the dividend as a percentage of the current ... [Full Article...]

Earnings On Deck For The Estee Lauder Companies Inc

It has outperformed by 451.97% the S&P500. Brown Advisory Securities Llc decreased Lauder Estee Cos Inc (EL) stake by 57.88% reported in 2016Q4 SEC filing. Chesley Taft Assoc Ltd Co reported 3,618 shares. It also upped Ishares Tr (DVY) stake by 9,353 shares and now owns 48,502 shares. United Contl Hldgs Inc (NYSE:UAL) was reduced too. [Full Article...]

Moon says North Korea developing nuclear-armed missile would be "red line"

Moon says North Korea developing nuclear-armed missile would be Kim Dong-yeon, deputy prime minister and finance minister, and Lee Ju-yeol, governor of the Bank of Korea, met on Wednesday on signs of capital flight from Korean markets amid violent exchange of war talks between U.S. "These exercises are necessary to maintain readiness in the face of provocative acts threatening the (Republic of Korea) and the U.S. Our job is provide our leadership with viable m... [Full Article...]

Green Investment Bank sell-off completes as Macquarie sets sights on projects overseas

Green Investment Bank sell-off completes as Macquarie sets sights on projects overseas In order to build on the company's success within the private sector, Macquarie and GIB have announced today that the company will now be known as the Green Investment Group (GIG) so that it will be able to make overseas investments. The share will be held by Green Purposes Company Limited, which now comes into force, with five independent trustees retaining the right to approve or reject any prop... [Full Article...]

Foot Locker, Inc. (NYSE:FL)

Foot Locker, Inc. (NYSE:FL) Waverton Investment Management Ltd acquired 5,970 shares as Foot Locker Inc Com Us$0.01 (FL)'s stock declined 17.30%. Pacer Advisors Inc. now owns 2,630 shares of the athletic footwear retailer's stock worth $197,000 after buying an additional 88 shares in the last quarter. [Full Article...]

Merck, Intel CEOs quit Trump's council

Merck, Intel CEOs quit Trump's council Before that, Frazier was joined Monday by Under Armour CEO Kevin Plank and Intel CEO Brian Krzanich , and earlier Tuesday by Scott Paul of the Alliance for American Manufacturing. The president added that he believes economic growth in the US will heal its racial divide. Representatives for at least five other companies - Dow Chemical, Whirlpool, Campbell Soup, International Paper and Nucor... [Full Article...]

CEOs leaving advisory council 'out of embarrassment'

CEOs leaving advisory council 'out of embarrassment' Frazier, who is African-American, made it clear he was leaving the council because Trump was slow to condemn the white supremacists who marched in Charlottesville. With the barb, Trump appeared to attack an industry executive who has tried to make drug pricing somewhat more transparent by revealing his company's overall drug price changes. [Full Article...]

Under Armour CEO resigns from Trump's manufacturing council

Under Armour CEO resigns from Trump's manufacturing council After that, AFL-CIO President Richard Trumka joined the CEOs of Merck , Under Armour , Intel and the Alliance for American Manufacturing in leaving the council. Later Monday, Trump gave a follow-up statement in which he explicitly condemned the "KKK, neo-Nazis, white supremacists and other hate groups that are repugnant to everything we hold dear as Americans". [Full Article...]

N Korea, US Should Step Up Efforts to Settle Korean Crisis - Beijing

N Korea, US Should Step Up Efforts to Settle Korean Crisis - Beijing The South Korean president has repeatedly expressed his strong opposition to any military action on the Korean Peninsula, saying there can never be another war. The ministry quoted Lavrov as saying tensions could rise again with the US and South Korea set to launch large-scale military exercises on August 21. [Full Article...]

Trump's pro-business image tarnished as CEOs abandon him

Trump's pro-business image tarnished as CEOs abandon him On June 1, Tesla Inc ( NASDAQ: TSLA ) CEO Elon Musk dropped out following Trump's decision to withdraw the USA from the Paris climate accord. On Wednesday afternoon, both the Strategic and Policy Forum and a manufacturing jobs council were dissolved. Mr Trump responded to the exodus on Tuesday in his defiant way. [Full Article...]

Infosys CEO Vishal Sikka Resigns; Names Pravin Rao Interim CEO

Infosys CEO Vishal Sikka Resigns; Names Pravin Rao Interim CEO India's second largest IT services major Infosys on Friday morning said Vishal Sikka , CEO and managing director of the company has resigned. Sikka, the first non-founder CEO of the Bengaluru-based company, took charge in 2014 and he will now be succeeded by chief operating officer Pravin Rao , who will be interim-MD and CEO. [Full Article...]


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