Markets

ONGC shares rise on deal to buy majority stake in HPCL

ONGC shares rise on deal to buy majority stake in HPCL As per media reports, ONGC has got approval from the government for selling its stake in International Olympic Committee and GAIL to help fund its acquisition with HPCL for which it requires ~Rs36,915cr. We have internal resources available with us which is around Rs 13,000 crore. ONGC will acquire the 51-per cent central government stake in the refiner at a premium of about 14 per cent to its... [Full Article...]

Iberiabank Corp Grows Position in QUALCOMM, Inc. (QCOM)

About 7.84 million shares traded. ( NASDAQ QCOM ) opened at $68.34 on Wednesday. It has underperformed by 2.62% the S&P500. Quantitative Investment Management Llc increased its stake in Cypress Semiconductor Corp (CY) by 2583.01% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Senate approves Powell as Fed chair

Senate approves Powell as Fed chair Powell, 64, a well-respected Republican who has served as a governor on the Fed board since 2012, enjoyed broad bipartisan support, and his easy confirmation had been expected. That is the economic landscape that Powell inherits following his confirmation for the chairman's job by a Senate vote of 84-13 on Tuesday. Bernie Sanders, an independent who votes with the Democrats. [Full Article...]

IShares Core MSCI Europe (IEUR) Rises 0.51% for Jan 20

On the other end of the spectrum, having too much self-doubt may leave an investor with way too many what ifs. The current 14-day ATR for Austria Index MSCI Ishares (EWO) is now sitting at 0.25. The RSI was developed by J. Welles Wilder in the late 1970's. We can also do some further technical analysis on the stock. The company had a trading volume of 9,186,700 shares, compared to its average vo... [Full Article...]

Katy Perry Presents Minnie Mouse Star on Hollywood Walk of Fame

Katy Perry Presents Minnie Mouse Star on Hollywood Walk of Fame Minnie has waited 90 years to see her name on Hollywood Boulevard - with the date chosen to mark the anniversary of the release of her first, Steamboat Willie . Yet, in another sign of how women's contributions to Hollywood are overlooked, the company did not even nominate her for a star on the Walk of Fame until recently. [Full Article...]

AT&T Calls for Online Bill of Rights to Ensure … Neutrality?

AT&T Calls for Online Bill of Rights to Ensure … Neutrality? Outside government, the net neutrality debate has pitted giant ISPs like Charter Communications or Verizon against content providers who fear they could be charged more for transmitting some of their products. The order prohibits internet service providers, or ISPs, from entering into contracts with the state government unless they agree to policies that mirror the FCC's former net neutralit... [Full Article...]

Starbucks Announces New Investments in Paid Leave, Wage

Starbucks Announces New Investments in Paid Leave, Wage These offerings will total more than $250 million for more than 150,000 partners and are accelerated by recent changes in the US tax law. Starbucks is dishing out pay increases and stock bonuses to employees, becoming the after Congress approved a tax cut that will benefit businesses. [Full Article...]

Markets Right Now: Tech losses weigh on United States stock indexes

Markets Right Now: Tech losses weigh on United States stock indexes The dollar fell against a trade-weighted basket of global currencies following Mnuchin's comment. The dollar, already at three-year lows, got even weaker. The yield on 10-year Treasuries rose three basis points Wednesday to 2.65 percent. Both benchmarks were at their highest levels since December 2014. [Full Article...]

Toys "R" Us to close more than 180 stores

Toys According to a letter from Chief Executive David Brandon posted on Toys R Us' website, the retailer expects the closing sales to begin in early February, and the majority of closures will happen in mid-April. As a result, Toys "R" Us filed for a voluntary Chapter 11 bankruptcy protection in September ahead of holiday season in the U.S. and Canada to restructure its debt. [Full Article...]

Kleenex, Huggies maker to cut up to 5500 jobs, close 10 plants

Kleenex, Huggies maker to cut up to 5500 jobs, close 10 plants Kimberly-Clark Corporation (NYSE:KMB) shares were trading higher by 0.8 percent ($0.93) at $117.84 a piece in Tuesday's session. 10/26/2017-Barclays Reiterated Rating of Hold. The firm owned 136,136 shares of the company's stock after selling 5,165 shares during the quarter. Cetera Advisor Ltd Liability Corp owns 43,960 shares or 0.24% of their United States portfolio. [Full Article...]

Sensex breaches 36000 mark, Nifty trades above 11000 level

Sensex breaches 36000 mark, Nifty trades above 11000 level The broader Nifty was trading flat at 11,087.80, marginally up by 4.10 points or 0.04 per cent. Mumbai: Extending gains for the fifth consecutive session, the key Indian equity indices, on Tuesday, rode the bulls and escalated to record highs with the BSE Sensex closing above the 36,000-mark and the NSE Nifty50 above the 11,000-mark for the first time. [Full Article...]

GE reports $9.8 billion loss and discloses SEC accounting inquiry

GE reports $9.8 billion loss and discloses SEC accounting inquiry Among 4 analysts covering El Paso Electric Company ( NYSE:EE ), 0 have Buy rating, 1 Sell and 3 Hold. The stock increased 4.45% or $0.72 during the last trading session, reaching $16.89. Banced Corp holds 0.42% or 945 shares. Susquehanna Gru Llp has invested 0% of its portfolio in ViaSat, Inc. Daniel Devine & owns 76,451 shares for 1.41% of their portfolio. [Full Article...]

Texas Instruments Incorporated (TXN) : Are you searching Analysts Rated Stock

Texas Instruments Incorporated (TXN) : Are you searching Analysts Rated Stock Growth alone can not be used to see if the company will be valuable. This may involve creating a diversified stock portfolio. The Monthly and Yearly performances are 2.79 percent and 28.54 percent respectively. By looking at the Volatility of the company, Week Volatility is at 1.33%, whereas Month Volatility stands at 1.43%. Similarly, investors look up the share price over 12 month periods. [Full Article...]

Burger King made a surprisingly good ad about net neutrality

Burger King made a surprisingly good ad about net neutrality Burger King isn't an internet service provider, of course, so it applied the same principles to fast food. Fast food company Burger King is taking on the Trump administration's decision to reverse the landmark 2015 net neutrality rules and making fun of the top USA telecommunications regulator in doing so. [Full Article...]

Analyst Stance On Two Stocks: Comcast Corporation (CMCSA), DR Horton, Inc. (DHI)

Analyst Stance On Two Stocks: Comcast Corporation (CMCSA), DR Horton, Inc. (DHI) Telsey Advisory Group maintained the shares of CMCSA in report on Tuesday, January 24 with "Outperform" rating. Enterprise Svcs holds 0.1% in Comcast Corporation (NASDAQ:CMCSA) or 5,124 shares. The ex-dividend date is Tuesday, January 2nd. The Indiana-based Old Bankshares In has invested 0.12% in Comcast Corporation (NASDAQ:CMCSA). The shares were sold at an average price of $39.89, for a tota... [Full Article...]

Chronicle: Alphabet launches cybersecurity venture

Chronicle: Alphabet launches cybersecurity venture Chronicle was founded in the X incubation unit in 2016 and now graduates to become an independent business within Alphabet . Only a handful has ever done so. In 2010, when holding a similar job at Starbucks , Fortune selected Gillett for its 40 under 40 list of young movers and shakers, partly for helping bring free Wi-Fi to Starbuck's cafes. [Full Article...]

New Giants coach Pat Shurmur bringing in James Bettcher as DC

New Giants coach Pat Shurmur bringing in James Bettcher as DC The Giants swayed Bettcher away from the Titans, who had interviewed him and extended him the same defensive-coordinator position. Bettcher spent three years as the defensive coordinator in Arizona under Bruce Arians and spent the previous two years as the team's outside linebackers coach. [Full Article...]

Ex-North Korean spy recounts Olympic plot to blow up plane

Ex-North Korean spy recounts Olympic plot to blow up plane North Korea is expected to send a delegation of more than 400 people to the games, including athletes, cheerleaders, and government officials. North Korea's Committee for the Peaceful Reunification of the Country, in charge of inter-Korean affairs, called the picture-burning protest a "shuddering, disgusting crime", urging Seoul to apologise and punish those involved. [Full Article...]

Feinstein, Schiff to Twitter, Facebook: Find Russian Bots Pushing #ReleaseTheMemo

Feinstein, Schiff to Twitter, Facebook: Find Russian Bots Pushing #ReleaseTheMemo The top Democrats on the Senate Judiciary and House Intelligence committees have asked Facebook and Twitter to investigate how Russian bots may have been pushing a call for lawmakers to release a GOP memo alleging political bias and misuse of FISA powers by the Federal Bureau of Investigation. [Full Article...]

Mkhitaryan hints at Aubameyang arrival in official Arsenal video

Mkhitaryan hints at Aubameyang arrival in official Arsenal video Robin van Persie credits Arsene Wenger for his footballing success and hopes the French manager can survive the club's now tumultuous period. Arsene Wenger insisted Tuesday there was no chance he would jeopardise Arsenal's financial stability with lavish spending on new players during the rest of the January transfer window. [Full Article...]


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