Markets

Markets Open in Green, Sensex, Nifty Marginally Higher

Markets Open in Green, Sensex, Nifty Marginally Higher The Nifty closed at 9,871.50 points - down 1.10 points or 0.01 per cent, while the Sensex closed at 31,599.76 points - down 26.87 points, or 0.08 per cent. Market breadth was negative with 558 advances against 1,812 declines. Mid-cap and small-cap stocks moved in sync with the benchmarks and dropped by up to 2.10 percent. [Full Article...]

Ray Lewis joined the Ravens to kneel during the national anthem

Ray Lewis joined the Ravens to kneel during the national anthem What did Trump say and what has the fallout been? This obvious display of support was echoed across the league as teams refused to leave the locker room during the national anthem and many owners took note of Khan, standing with their players as well. [Full Article...]

Marietta Wealth Management LLC Invests $1.837 Million in General Electric Company (GE)

Reliant Investment Management Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $217.27B market cap company. For the same quarter from the prior fiscal year, the public company disclosed $0.51 Earnings Per Share. Looking at some alternate time periods, the 12 month price index is 1.22222, the 24 month is 1.44231, and the 36 month is 1.73805. [Full Article...]

Self-driving cars hit American roads soon

Self-driving cars hit American roads soon Ford will put human-driven vehicles on Lyft's network. The initial aim is to combine the strengths of each company. The companies will work together to develop a technology platform that can easily connect with a partner's platform to dispatch self-driving vehicles. [Full Article...]

Airline vows to investigate racist video

Airline vows to investigate racist video The clip was apparently filmed by a blonde woman dressed in a British Airways uniform and has circulated on social media. " I don't want to fly anymore ", Wickenden said. BA has a culture of dealing with things like this internally, she passed it to me because she was concerned that nothing was done". Though the hostess was sacked following a two-hour meeting with management, she later told ... [Full Article...]

Priyanka Chopra becomes 8th highest-paid TV actress globally

Priyanka Chopra becomes 8th highest-paid TV actress globally This is the third year in a row that Sofia has held the top spot. In 2016, she saw her first solo run at the top with $43 million, and the year before that, she tied for the No.1 spot with Kaley Cuoco for $28.5 million. While Sofia had made $41.5 million previous year, Priyanka Chopra's earning was at $11 million. The third-highest female TV earners were Ellen Pompeo and Mindy Kalin... [Full Article...]

Toshiba deal might not be done after all

Toshiba deal might not be done after all After trying for months to hammer out a deal to acquire Toshiba's semiconductor business, Western Digital now appears to be pinning its hopes on a legal strategy that includes three separate arbitration cases and may take two years or more to resolve. [Full Article...]

Uber CEO apologizes to London

Uber CEO apologizes to London In May, TfL renewed the company's permit to operate but for a period of only four months, amid continued opposition and threats of legal challenges from the GMB union and Licensed Taxi Drivers' Association. The company said it had made investments in a significant number of changes, including discounted illness and injury cover, paid waiting time and the option to cash out fares whenever the drive... [Full Article...]

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Rating Lowered to Sell at BidaskClub

Wellington Management Group LLP grew its holdings in shares of Walgreens Boots Alliance by 5.9% during the first quarter. The number of shares now owned by investors are 1.07 bln. This buyback authorization permits the pharmacy operator to purchase up to 5.9% of its shares through open market purchases. ATR value of company was 1.34 and Relative Strength Index (RSI) was 39.33. [Full Article...]

Turnbull Government Strikes Deal With Gas Companies To Cover East Coast Shortfall

Turnbull Government Strikes Deal With Gas Companies To Cover East Coast Shortfall The government will not intervene in the gas market after companies agreed to supply enough gas to meet shortfall in domestic demand. "That way the export company knows that it's not going to be left with a bundle of gas if a domestic customer may have inadvertently overestimated their own demand". [Full Article...]

Buhari congratulates Merkel on election victory

Buhari congratulates Merkel on election victory Prime Minister Alexis Tsipras congratulated Merkel in a post on his Twitter account while the leader of the conservative opposition New Democracy Kyriakos Mitsotakis sent her a letter hailing her fourth consecutive electoral win. Najib said he had a productive meeting with the chancellor a year ago. The dollar index, which measures the greenback against a basket of six major currencies but is he... [Full Article...]

Japan slips notch to ninth in WEF's competitiveness rankings of 137 economies

Japan slips notch to ninth in WEF's competitiveness rankings of 137 economies Switzerland remains in first place, its fifth year in a row in pole position. Klaus Schwab, Founder and Executive Chairman, World Economic Forum, said: "Global competitiveness will be more and more defined by the innovative capacity of a country ". [Full Article...]

Chesapeake Energy Corp (CHK) and Ensco Plc (ESV) Under Limelight

Chesapeake Energy Corp (CHK) and Ensco Plc (ESV) Under Limelight Some have challenged this idea, claiming that the data show little relation between beta and potential reward, or even that lower-beta stocks are both less risky and more profitable (contradicting CAPM). Analysts expect Chesapeake Energy Corporation (CHK ) to generate earnings per share of $0.77 in 2017. Rhumbline Advisers now owns 19,125 shares of the utilities provider's stock valued at $1,... [Full Article...]

Butch Jones rips Tennessee for 'unacceptable' performance after win

This would be a hilarious novelty, if Jones hadn't already built a track record in Knoxville out of wins that leave fans irate and losses that leave you thinking Tennessee was the better team. The Vols were 28-point home favorites and couldn't break a scoreless tie until 26 minutes in. But it isn't a position UT should have been in. After losing in dramatic fashion to Florida last week, the Vo... [Full Article...]

Watch Chance The Rapper's Stellar Performance on 'The Late Show'

Watch Chance The Rapper's Stellar Performance on 'The Late Show' Viewers expected to see something in the vein of the Chicago rapper's Coloring Book work. Chance explained that he'd originally planned to perform the unreleased song " Grown Ass Kids " from his most recent mixtape Coloring Book , but decided at the last minute to try something new instead. [Full Article...]

Prudential Financial Inc. Sells 6130 Shares of Live Nation Entertainment, Inc. (LYV)

Nordea Investment Management AB lowered its position in Live Nation Entertainment, Inc . ( LYV ) knifed -0.18 percent lower and now trades for $43.5. Therefore 85% are positive. Macquarie Research maintained it with "Buy" rating and $4400 target in Wednesday, August 9 report. (NYSE: LYV ) hit a new 52-week high and has $46.98 target or 8.00% above today's $43.50 share price. [Full Article...]

$1.73 EPS Expected for Micron Technology, Inc. (MU)

$1.73 EPS Expected for Micron Technology, Inc. (MU) Discovery Mngmt Ltd Liability Co Ct has invested 3.45% in Micron Technology, Inc . Wealthtrust Axiom Llc owns 1.00 million shares or 2.28% of their United States portfolio. Penn Capital Management Co Inc who had been investing in Jack In The Box Inc for a number of months, seems to be bullish on the $2.85B market cap company. [Full Article...]

U.S. imposes sanctions on North Korean banks and executives

The United States has imposed new sanctions on North Korea, targeting the country's major banks and 26 executives, amid increasing tensions between the two countries over U.S. The sanctions are part of a Trump administration effort to show it's still committed to using economic pressure and diplomacy to resolve the North Korea nuclear crisis, rather than the military threat that Trump has repeated... [Full Article...]

Uncertainty, geopolitical tensions boost yen, sink euro vs dollar

Uncertainty, geopolitical tensions boost yen, sink euro vs dollar Hong Kong retreated 1.4 per cent and Seoul was off 0.4 per cent while Shanghai fell 0.3 per cent and Singapore was off 0.2 per cent. On Monday, New York Fed President William Dudley said the USA central bank is on track to gradually raise rates given factors depressing inflation are "fading" and the US economy's fundamentals are sound. [Full Article...]

New plan to lower auto insurance rates in MI unveiled today

New plan to lower auto insurance rates in MI unveiled today The mayor's office reports MI drivers pay the highest auto insurance premiums in the country at an average of $2,400 annually - almost twice the US average at $1,318. Vehicle owners could pick from among three levels of personal injury protection coverage, tie medical provider fees to Medicare rates, guarantee rate reductions and limit insurer premium increases for five years. [Full Article...]


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