Markets

NTSB Is Investigating Train Crash At Station

NTSB Is Investigating Train Crash At Station An NJ Transit spokesperson said an Amtrak crew was operating the train out of the yard around 4:25 a.m. when the engine came off the tracks at Track 4. NJ Transit's website states that all affected lines are now running on or close to schedule following the derailment. Southeastern Pennsylvania Transportation Authority officials say the moving train's operator and 41 passengers were injured. [Full Article...]

Cabinet clears alternative mechanism to oversee PSU bank consolidation

Cabinet clears alternative mechanism to oversee PSU bank consolidation The Finance Ministry's Principal Economic Advisor Sanjeev Sanyal had said on August 21 that the government wants to reduce the number of PSU banks to 10 to 15, the Hindustan Times reported. Merger of public sector banks must increase the role of internal and market resources and thus reduce government's dependency, she explained. The decision regarding creating strong and competitive banks wou... [Full Article...]

CBA faces 'biggest ever' class action over money laundering claims

CBA faces 'biggest ever' class action over money laundering claims Maurice Blackburn Lawyers is pursuing the action on behalf of CBA investors after a fall in the share price following money laundering and terrorism-funding allegations. IMF Bentham director Hugh McLernon said work was being finalised on the Federal Court pleading to commence the class action. "As the largest company on the ASX shareholders would expect the CBA to take a leadership role in setti... [Full Article...]

Two incidents of train derailment: Prabhu finds scapegoat in Railway Board chairman

Two incidents of train derailment: Prabhu finds scapegoat in Railway Board chairman Ashwini Lohani has been appointed as the news Chairman of Railway Board after the resignation of Mittal. Sources said that Mittal had submitted his resignation to Union Railway Minister Suresh Prabhu . "I am extremely pained by the unfortunate accidents, injuries to passengers and loss of precious lives". As many as 74 passengers were injured as nine bogies of the train derailed after dashing a... [Full Article...]

Drivers Steer Clear of School Buses

Drivers Steer Clear of School Buses All these laws are in place once again to keep the kids and drivers safe while around their schools. Crawford County Sheriff Scott Kent said motorists, whether coming from the opposite or same direction of travel of a school bus must stop their vehicles when a bus activates its flashing red lights and its side stop sign. [Full Article...]

Dakota Access developer sues 'rogue eco-terrorist groups'

Dakota Access developer sues 'rogue eco-terrorist groups' The most visible part of the campaign was a months-long encampment on federal land in North Dakota previous year in which hundreds of protesters delayed construction of the pipeline while trying to get it stopped completely. Greenpeace attorney Tom Wetterer says the lawsuit isn't created to seek justice "but to silence free speech through expensive, time-consuming litigation". [Full Article...]

WPP cuts sales forecast for year

WPP cuts sales forecast for year WPP PLC shares fell nearly 12% in London trading Wednesday after the world's largest advertizing group saw a slowdown in revenue growth in Europe and North America. WPP , led by Sir Martin Sorrell, reported first-half like-for-like net sales down 0.5pc, below a consensus of 0.7pc growth. The group has seen a particular slowdown in the U.S., where underlying net sales fell by 2.2pc in the first ... [Full Article...]

Blue Apron Holdings' (APRN) Market Perform Rating Reaffirmed at CIBC

Blue Apron Holdings' (APRN) Market Perform Rating Reaffirmed at CIBC Further, Blue Apron was aware of Amazon.com Inc.'s (AMZN) plans to enter the meal-delivery business and it was also experiencing issues delivering meals to customers on time. If you are reading this news story on another domain, it was copied illegally and republished in violation of United States and global copyright law. [Full Article...]

Navios Maritime Midstream Partn (NYSE:NAP) Trading Volume Significantly Higher

Therefore 88% are positive. NM has been the subject of several recent analyst reports. The stock has "Outperform" rating by Raymond James on Monday, May 22. Its down 0.69, from 1 in 2016Q3. Finally, Royce & Associates LP boosted its stake in shares of Navios Maritime Holdings by 2.2% in the second quarter. [Full Article...]

United Nations agencies offer emergency assistance to Iraqis fleeing Tal Afar

United Nations agencies offer emergency assistance to Iraqis fleeing Tal Afar The Iraqi army, commandos of the Counter-Terrorism Service (CTS), federal police, paramilitary Hashd Shaabi units and local police are pushing in the rural areas to capture dozens of villages and two districts surrounding the IS stronghold in Tal Afar, some 70 km west of Mosul, Brigadier Mohammed al-Jubouri from the Joint Operations Command told Xinhua. [Full Article...]

Investors Sell Home Depot, Inc. (The) (HD) on Strength After Insider Selling

Investors Sell Home Depot, Inc. (The) (HD) on Strength After Insider Selling Advantus Capital Management Incorporated has invested 0.44% of its portfolio in Home Depot Inc (NYSE:HD). Reports Second Quarter 2017 Results" with publication date: "July 26, 2017 was also an interesting one. The business also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Investors sentiment increased to 0.93 in 2016 Q4. [Full Article...]

Schlumberger NV (SLB) is Cambiar Investors LLC's 5th Largest Position

Schlumberger NV (SLB) is Cambiar Investors LLC's 5th Largest Position The stock had a trading volume of 1,165,327 shares. The stock decreased 1.96% or $0.79 during the last trading session, reaching $39.52. The New York-based Nippon Life Global Invsts Americas has invested 0.5% in Schlumberger Limited. Tiaa Cref Mngmt Limited Liability Corporation holds 89,783 shares or 0% of its portfolio. With 7.95M avg volume, 3 days are for Schlumberger Limited (NYSE:SLB)'s shor... [Full Article...]

Provident share price tanks as group issues another profit warning

Provident share price tanks as group issues another profit warning Peel Hunt cut Provident Financial plc to a "hold" rating and set a GBX 3,365 ($43.68) target price for the company.in a report on Friday, May 12th. Provident may need a stock sale to survive, said Gary Greenwood, an analyst at Shore Capital in Liverpool, England, who suspended his buy recommendation on the stock. [Full Article...]

Nikola Kalinic Officially Joins AC Milan

Nikola Kalinic Officially Joins AC Milan A fine striker - who has developed considerably since leaving Blackburn Rovers - Kalinic netted 15 goals in 32 appearances in the top flight of Italian football last season, which was the most across the entire Viola squad and created 35 chances. [Full Article...]

American Eagle Outfitters, Inc. (NYSE:AEO) Stake Increased by HighTower Advisors LLC

Thrivent Financial for Lutherans increased its position in shares of American Eagle Outfitters by 9.1% in the fourth quarter. The shares price has positioned -4.67% down over the past quarter while it has directed -31.79% toward a falling position throughout past six months. [Full Article...]

Boston Family Office LLC Takes Position in Tesla Inc. (TSLA)

Boston Family Office LLC Takes Position in Tesla Inc. (TSLA) It has outperformed by 27.73% the S&P500. Southeastern Asset Management Inc increased Sonic Corp. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Barrow Hanley Mewhinney And Strauss has 2.54M shares. Tudor Et Al has invested 0.02% in Tesla Inc (NASDAQ: TSLA ). Johnson Grp reported 0% of its portfolio in Tesla Inc (NASDAQ: TSLA ... [Full Article...]

Were Analysts Bearish AbbVie Inc (NYSE:ABBV) This Week?

Were Analysts Bearish AbbVie Inc (NYSE:ABBV) This Week? First Trust Advisors LP now owns 1,367,680 shares of the company's stock worth $89,118,000 after buying an additional 144,231 shares during the last quarter. The company's shares were given away at $71.02 per share worth to an income of some $6,242,587 on account of Gonzalez Richard A. Integrated Investment Consultants LLC now owns 12,778 shares of the company's stock worth $833,000 after buying a... [Full Article...]

'The Village Voice' to end free print publication

'The Village Voice' to end free print publication Barbey purchased the paper from Voice Media Group in October 2015. "I want the Village Voice brand to represent that for a new generation of people - and for generations to come". In its time the paper has published investigations into both New York City and national politics, as well as reporting on arts, culture, music, dance, film and theatre, and supporting gay rights. [Full Article...]

S&P 500 index gains after recent selloff; energy stocks fall

S&P 500 index gains after recent selloff; energy stocks fall Expectations for tighter monetary policy in the USA have been dampened recently by lacklustre inflation data. "Most of the investors that were on the sidelines just needed a little bit of a flare gun that was positive to say that these next few weeks, we're going to get through them pretty well", said Chris Hyzy, the chief investment officer at Bank of America's Global Wealth & Investment Manage... [Full Article...]

This Is Where The UK Really Does Its Supermarket Shopping

This Is Where The UK Really Does Its Supermarket Shopping Fraser McKevitt, head of retailer and consumer insight at Kantar, said Lidl was growing sales much faster among families than from households without children. Aldi wasn't far behind in terms of growth, with a sales rise of 17.2%. Meanwhile, shoppers saw a further squeeze from higher prices, with grocery inflation ticking up to 3.3%, compared to 3.2% the month before. [Full Article...]


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