Markets

Porsche Gives Up On Diesels, Ends Production Of Macan and Panamera Diesel

Porsche Gives Up On Diesels, Ends Production Of Macan and Panamera Diesel Porsche Australia has been contacted for comment. In an official statement, Porsche said that the Macan S Diesel , the only such version of the brand's Range Rover Velar rival, has been "taken out of the production programme" as buyer demand moves towards petrol and hybrid versions. [Full Article...]

Cooper Tire & Rubber (CTB) Trading Down 6% on Disappointing Earnings

It has underperformed by 16.70% the S&P500. It was reported on Feb, 20 by Barchart.com . CTB's SI was 10.69 million shares in February as released by FINRA. BidaskClub upgraded Goodyear Tire & Rubber from a "hold" rating to a "buy" rating in a report on Friday, January 26th. Therefore 48% are positive. Profund reported 7,228 shares stake. [Full Article...]

Singapore confirms carbon tax from 2019

Singapore confirms carbon tax from 2019 With Singapore's strengthening economy having boosted government coffers, economists predict a larger-than-expected Budget surplus for the financial year ending March 31. The change will apply to all residential properties acquired from tomorrow (Tuesday). Citing Gartner's 2017 survey, he noted that 59 percent of Singapore consumers bought a product or service online, with B2C apps such as Grab,... [Full Article...]

Spanish satellite launch postponed twice this week by SpaceX

Spanish satellite launch postponed twice this week by SpaceX Watch the launch live here at Space.com , courtesy of SpaceX, or directly via SpaceX's website . Additional satellites, the company will be in a low orbit. SpaceX isn't the only company hoping to get a piece of the billion-dollar broadband market. The constellation is meant to provide broadband internet service at "fiber-like speeds", especially for individual households and small businesses, ... [Full Article...]

Political Analysts Waiting for Naidu's First Move

Political Analysts Waiting for Naidu's First Move Chandrababu addressed the issue at a public meeting in Vijayawada late Monday evening and said, "We need the support of 54 MPs to move a no confidence motion". We will not simply put such motion. Naidu said Reddys demand was aimed at cornering the TDP on the special category status issue. "Now they are talking about no-confidence", the TDP chief said. [Full Article...]

Tesla: Elon Musk's Cloud Hacked to Mine Cryptocurrency

Tesla: Elon Musk's Cloud Hacked to Mine Cryptocurrency In addition, the mining software was configured to use a non-standard port to access the internet and to connect to an unlisted or semi-public endpoint instead of well-known mining pools. In the course of their work, RedLock CSI researchers also learned about an intrusion into Tesla's public cloud environment. For instance, the analysis shows that 66 percent of databases are not encrypted. [Full Article...]

Narrowing the Focus on Acadia Realty Trust (AKR) Shares

Regent Investment Management Llc acquired 20,981 shares as Merck & Co Inc (MRK)'s stock declined 2.46%. 213.38 million shares or 1.82% more from 209.56 million shares in 2017Q2 were reported. Croft reported 3,752 shares or 0.06% of all its holdings. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust's stock worth $233,000 after acquiring an additional 733 shares during... [Full Article...]

Trophy of PSL-3 to be unveiled in Dubai today

Trophy of PSL-3 to be unveiled in Dubai today As well as Pakistan's national players, there will be a number of worldwide stars including Andre Russell and Luke Ronchi (Islamabad United), Ravi Bopara and Morgan ( Karachi Kings), Darren Sammy and Chris Jordan ( Peshawar Zalmi ), Kevin Pietersen and Shane Watson (Quetta Gladiators). [Full Article...]

Summit Midstream Partners LP Declares Quarterly Dividend of $0.58 (SMLP)

Summit Midstream Partners, LP (NYSE:SMLP) has risen 6.71% since February 17, 2017 and is uptrending. It has outperformed by 45.78% the S&P500. Ben Gambill decreased its stake in Csx Corp (CSX) by 43.43% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

John Oliver Takes Down Barnaby Joyce For His 'Incredible Family Values'

John Oliver Takes Down Barnaby Joyce For His 'Incredible Family Values' The Deputy Prime Minister's defiant vow came as his estranged wife was quoted as saying she did not want Mr Joyce unseated as Malcolm Turnbull's deputy or as Nationals leader. But he said he was very confident Mr Joyce and Mr Turnbull will continue to do good work together, despite their sometimes "robust relationship". Having previously been a target for the show thanks to his deportation and... [Full Article...]

Gas Prices Down Slightly in Northern New England

Gas Prices Down Slightly in Northern New England Iowa's average was $2.54, a drop of 6 cents from a week ago . The most-expensive gas prices in Florida are in West Palm Beach-Boca Raton ($2.69), Naples ($2.66) and Sebastian-Vero Beach ($2.65). According to the Energy Information Administration, oil production is 14 percent stronger than a year ago, while gasoline production is up 5 percent. [Full Article...]

The NXP Semiconductors (NXPI) Receives "Hold" Rating from Jefferies Group

The NXP Semiconductors (NXPI) Receives The analysts wrote, "While we have stated that the initial spread didn't make sense, we now believe that NXPI's value to QCOM is at least $130 (our new stand- alone PT) for three fundamental reasons: 1) the overall financial picture has improved significantly with at least of $8 of earnings in CY19; 2) NXPI has lagged the rest of the semiconductor market both in terms of stock price and valuatio... [Full Article...]

Wal-Mart Stores Inc (WMT) Q4 Profit, 2018 Outlook Miss The Mark

It has outperformed by 23.50% the S&P500. In terms of general merchandise store sales in the USA, the category grew 4% in November (while the figure declined 1.4% y-o-y in November 2016 ) and 5% in December 2017. Therefore 49% are positive. Bank of America had 106 analyst reports since July 21, 2015 according to SRatingsIntel. Vanguard Group Inc. now owns 105,673,654 shares of the retailer's s... [Full Article...]

Japan Set To Build World's Tallest Wooden Skyscraper

Japan Set To Build World's Tallest Wooden Skyscraper It will have balconies on all four sides as well as greenery from the ground to the top floor. To construct it, 180,000 cubic meters of indigenous wood will be combined with the other 10% of the building's makeup-steel. The balcony part gives the high-rise building a space in which people can enjoy fresh outside air, rich natural elements and sunshine filtering through foliage. [Full Article...]

Albertsons, which already owns Safeway, buys Rite Aid

Albertsons, which already owns Safeway, buys Rite Aid State Common Retirement Fund holds 0.01% of its portfolio in Rite Aid Corporation (NYSE: RAD ) for 2.28 million shares. Mr. Miller would serve as chairman of the combined company and John Standley, the Rite Aid chairman and chief executive, would be chief executive. [Full Article...]

Watchdog Chief Vows Support for Normal Transactions of Cryptocurrencies

Watchdog Chief Vows Support for Normal Transactions of Cryptocurrencies The state news agency Yonhap reported that Jung had been under enormous pressure since late a year ago, when he was put in charge of coordinating the opinions of various ministries on the regulation of cryptocurrencies. South Korea has since revealed that it is considering adopting a system similar to New York's "BitLicense" for the regulation of cryptocurrency exchanges. [Full Article...]

Performance boost for Renault Zoe

Performance boost for Renault Zoe The new motor, dubbed R110 is the same size as the previous R90, which means it doesn't take up any more space, despite its increased power. Elisabeth Delval, assistant programme director for the Renault Zoe , said: "Thanks to this power boost, Zoe is even more responsive and versatile when used for journeys out of town". [Full Article...]

HSBC Misses Profit Target as Bad Loan Charges Weigh on Results

HSBC Misses Profit Target as Bad Loan Charges Weigh on Results It was Mr Gulliver's last set of results before handing the reins to John Flint, an HSBC veteran who needs to maintain momentum as the bank tries to put years of restructuring and scandal behind it. The bank is Europe's biggest but Asia accounted for almost nine-tenths of total profits previous year, when HSBC completed a sweeping multiyear corporate revamp to raise profitability. [Full Article...]

Punjab National Bank scam: CBI questions Vipul Ambani, passport seized

Punjab National Bank scam: CBI questions Vipul Ambani, passport seized In wake of the ongoing raids on Nirav Modi group firms, the owner reportedly sent emails to employees asking them to refrain from coming to work. In another case, the CBI registered a case against pen maker Rotomac Global and officials of various banks in connection with an alleged scam to siphon off bank loans worth 29.19 billion rupees ($454.4 million). [Full Article...]

Gets green light to do some Hyperloop digging in Washington DC

Gets green light to do some Hyperloop digging in Washington DC The plans are for the route to incorporate four cities, starting in Washington D.C. stopping in Baltimore and Philadelphia before terminating in New York City. Larry Hogan. Musk is pretty into the idea and claims he's been racking up governmental support for it since July 2017 , and the company plans to simplify the labyrinthine process of securing the necessary permits to dig tunnels everywher... [Full Article...]


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