Markets

Uber to accept Softbank support

Uber to accept Softbank support A two-thirds majority vote of the board would be required to hire a replacement for Khosrowshahi before the San Francisco start-up holds an initial public offering, according to a person familiar with the matter. Kalanick responded to the proposals on Friday by appointing former Xerox Chief Executive Officer Ursula Burns and former Merrill Lynch Chief Executive Officer John Thain to fill two... [Full Article...]

Karti Chidambaram tampered with evidence: CBI tells Supreme Court

Karti Chidambaram tampered with evidence: CBI tells Supreme Court He conveyed to the CBI, which had asked him to appear before it for questioning in the case on Wednesday that the summons were "illegal and mala fide" and a bid to harass him and his family. Appearing for Karti, senior advocate, Kapil Sibal opposed the move by the CBI to place the documents before the Bench. Karti was summoned by the CBI on September 27, to appear before it on October 4. [Full Article...]

Egerton Capital UK LLP Reduces Position in Bank of America Corporation (BAC)

Bank of America Corporation comprises approximately 4.0% of Egerton Capital UK LLP's portfolio, making the stock its 11th largest position. 120 funds opened positions while 577 raised stakes. Analysts expect next quarter's EPS will be $0.48 with next year's EPS anticipated to be $2.15. Bank of America Corporation had a net margin of 20.28% and a return on equity of 8.11%. [Full Article...]

Oracle Announces Blockchain Cloud Service

Oracle Announces Blockchain Cloud Service As part of his Keynote speech, he called out Splunk's security and management capabilities, which he says lacks a proper data architecture, a machine learning toolkit that requires data scientists, and a platform that offers no remediation. [Full Article...]

UBS AG Reiterates Buy Rating for Boardwalk Pipeline Partners LP (BWP)

The stock of Boardwalk Pipeline Partners, LP (NYSE:BWP) has "Buy" rating given on Monday, June 5 by RBC Capital Markets. It has underperformed by 5.02% the S&P500. After $-0.26 actual EPS reported by FireEye Inc for the previous quarter, Wall Street now forecasts 15.38% negative EPS growth. Fmr Ltd Liability Com holds 0.02% or 9.82 million shares in its portfolio. [Full Article...]

White House Looks at Replacing Social Security Numbers

White House Looks at Replacing Social Security Numbers The White House floated the idea of replacing the use of Social Security numbers as personal identifiers in the wake of the Equifax Inc. cyber hack. However, as Joyce pointed out, a person can not roll back the risk to her Social Security number once it has been breached. On Monday, Joyce proposed a security system that uses a public and private key, or two random sets of numbers - one that is... [Full Article...]

Chesley Taft & Associates LLC Decreases Holdings in Coca-Cola Company (The) (KO)

Chesley Taft & Associates LLC Decreases Holdings in Coca-Cola Company (The) (KO) Now the firm bottles are made from just 25 per cent recycled plastic - a figure the company has committed to increasing to 50 per cent by 2020. Deutsche Bank AG reiterated a "hold" rating and issued a $46.00 price target (up from $44.00) on shares of Coca-Cola Company (The) in a report on Thursday, July 27th. [Full Article...]

Oil price heads lower on oversupply worries

Oil price heads lower on oversupply worries And this has exerted some downward pressure on the oil price . Analysts say that a so-called market rebalancing is now well underway, meaning that demand is no longer undershooting available supply. Oil prices dipped on Thursday after the United States reported record crude exports, although traders said that efforts led by OPEC and Russian Federation to cut production meant markets remained ... [Full Article...]

Theresa May revives plan to cap energy prices

Theresa May revives plan to cap energy prices Theresa May has revived the idea of an energy price cap which she says will save 12 million householders an average of £100 a year. Research by The Big Deal suggests that the energy giant should be cutting bills not putting them up. Around 70 percent of households are on SVTs and data published by energy regulator Ofgem in December showed 91 percent of SSE's customers were on a SVT, along w... [Full Article...]

Tesla Posts Best Quarter in Q3

Tesla Posts Best Quarter in Q3 Tesla's electric semi-truck may have already been spotted ahead of its planned October 26 reveal, after a photo was taken of the suspected vehicle in an undisclosed location in California and posted on social media, Fox News reported. Tesla (TSLA) said on Monday has upgraded its deliveries of electric cars in the second half after reporting its best quarter in Q3 with soaring sales, adding tha... [Full Article...]

Attorney Fatally Wounded During Las Vegas Mass Shooting

Attorney Fatally Wounded During Las Vegas Mass Shooting Irvine, who provided legal analysis for the Adrian Loya murder trial, was a criminal defense and family law attorney. Attorney Tom Slattery wrote on Facebook that Irvine was a "good friend, colleague and business partner" who was killed by "a madman" at the festival. [Full Article...]

Scana Corporation (NYSE:SCG) Downgraded to "Hold" at Williams Capital

Zacks Investment Research upgraded shares of Scana Corporation from a "sell" rating to a "hold" rating in a research note on Wednesday, September 13th. Lvm Capital Management Ltd sold 152,135 shares as Scana (SCG)'s stock declined 0.18%. The company also recently declared a quarterly dividend, which will be paid on Saturday, July 1st. [Full Article...]

Monopoly Man Trolls Former Equifax CEO During Senate Hearing

Monopoly Man Trolls Former Equifax CEO During Senate Hearing An activist dressed as the billionaire Monopoly Man led the delivery . "A tip of the hat to the Monopoly Man", Red T Raccoon added . "It should not pass go". A person dressed up like the iconic monocled Monopoly mascot was seen sitting in the audience during the Senate Banking Committee hearing on the Equifax data breach on Wednesday. [Full Article...]

Catalan business lobby says worried by any declaration of independence

Catalan business lobby says worried by any declaration of independence In fact, hundreds of Catalans were injured as Spanish police forces moved in to block the vote. The Catalan government announced that the independence referendum had been approved by 90 percent of nearly 2.3 million voters, but it said that it would await final returns before declaring the result official. [Full Article...]

Irish data police to probe Yahoo admission of 3bn email hack

Irish data police to probe Yahoo admission of 3bn email hack The stolen data didn't include passwords, payment card info or bank account numbers. But it does not know who was responsible for the attack. Yahoo said last December that data from more than 1 billion user accounts was compromised in 2013, the largest of a series of thefts that forced Yahoo to cut the price of its assets in a sale to Verizon Communications , its current owner. [Full Article...]

LeBron James predicted by half of 30 NBA GMs to win MVP

LeBron James predicted by half of 30 NBA GMs to win MVP GMs voted Oklahoma City as the team that made the best overall moves in the offseason; Thunder GM Sam Presti acquired George by sending out Victor Oladipo and Domantas Sabonis and acquired Anthony by sending Enes Kanter, Doug McDermott and a 2018 second-round pick to NY. [Full Article...]

Volume Actives: Mondelez International, Inc. (NASDAQ:MDLZ), Trinity Industries, Inc. (NYSE:TRN)

Several brokerages recently issued reports on MDLZ . Lodestar Investment Counsel Llc sold 8,191 shares as Mondelez Intl Inc Cl A ( MDLZ)'s stock rose 7.60%. Also, EVP Daniel P. Myers sold 7,000 shares of Mondelez International stock in a transaction that occurred on Tuesday, September 12th. A low price-to-sales ratio, typically less than 1.0, is considered a good value. [Full Article...]

How to help Las Vegas shooting victims

How to help Las Vegas shooting victims Santos raised her kids in Las Vegas and had friends who worked near the Strip. "Pray for Vegas! What the hell is going on people!?!?" The carrier is waiving fees for customers traveling into and out of the city on Monday. "They are doing good", she said. Numerous victims' families were from out of the country. Phx can support Las Vegas by donating blood to replenish @ubsaz supplies. [Full Article...]

Making The Switch To Vaping Could Add Years To Your Life

Making The Switch To Vaping Could Add Years To Your Life He points out that the most current and substantial research on the use of vaping shows that use of e-cigarettes can effectively help smokers give up cigarettes. Researchers said it was one of the first studies "to reveal the patterns of cessation prevalence among e-cigarette users at a national level". RICHMOND - Starting next month, major USA cigarette companies will publish a series of statem... [Full Article...]

Tesla Inc. (NASDAQ:TSLA) Rating Reiterated by Robert W. Baird

Tesla Inc. (NASDAQ:TSLA) Rating Reiterated by Robert W. Baird In the latest week Tesla , Inc. This eye-popping projection helped send Tesla stock up nearly 3% to hit $358.62 per share on Wednesday morning. Next quarter's EPS is estimated at $-1.51 with next year's EPS anticipated to be $-1.88. Insiders sold 49,256 shares of company stock valued at $16,756,628 in the last quarter. Sanford C. Bernstein set a $265.00 price objective on Tesla and gave the c... [Full Article...]


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