Markets

Top bank officials likely to face charges in PNB scam case

Top bank officials likely to face charges in PNB scam case The Central Bureau of Investigation (CBI ) is all set to file its first chargesheet on Monday against a former managing director (MD) of Punjab National Bank and several other people in the Rs 12,600-crore fraud allegedly perpetrated by jeweller Nirav Modi on the state-owned lender, officials said. [Full Article...]

United Kingdom lawmakers summon ex-Cambridge Analytica chief to testify

United Kingdom lawmakers summon ex-Cambridge Analytica chief to testify Whether the company has harvested any data through third party app? The government is yet to get any response from UK-based data analyst firm Cambridge Analytica to its second notice to the firm on the data breach issue. We are at a stage where we are awaiting further information from them... they had recently communicated that they will reply. Using an app for a personality test, the company ... [Full Article...]

West Bengal Panchayat Election: Tug Of War Between Parties

West Bengal Panchayat Election: Tug Of War Between Parties In less than two hours since the polling began at 7 am, the State Election Commission (SEC) received complains of violence from at least four districts - North 24 Parganas, Burdwan, Cooch Behar and South 24 Parganas - and has asked police to take action. [Full Article...]

Walmart has long-term plans for Flipkart, an IPO isn't one of them

Walmart has long-term plans for Flipkart, an IPO isn't one of them Another of Walmart's minority shareholders, very notably, is SoftBank , whose CEO, Masayoshi Son , preempted Walmart itself by announcing the deal to reporters and analysts last Monday while discussing SoftBank's quarterly results. With that funding, Softbank took 21% stake in Paytm Mall. Walmart is viewing Flipkart as a long-term bet that may take years, or even decades, to yield excellent fi... [Full Article...]

Griffin Asset Management Inc. Sells 3051 Shares of The Coca-Cola Company (KO)

Griffin Asset Management Inc. Sells 3051 Shares of The Coca-Cola Company (KO) Finally, Barclays reissued a "neutral" rating and issued a $45.00 target price on shares of The Coca-Cola in a report on Thursday, March 15th. Zacks Investment Research downgraded The Coca-Cola from a "buy" rating to a "hold" rating in a report on Thursday, April 26th. [Full Article...]

Summary of BHP Billiton Limited (NYSE:BHP) Ratings on May 13, 2018

Summary of BHP Billiton Limited (NYSE:BHP) Ratings on May 13, 2018 BHP Billiton Limited discovers, acquires, develops, and markets natural resources worldwide.The firm is worth $132.45 billion. BHP Billiton stock traded up $0.66 during mid-day trading on Friday, reaching $45.96. As per Thursday, April 7, the company rating was maintained by JP Morgan. The company was maintained on Monday, August 14 by Jefferies. Leucadia National Corp increased Cvr Refng L... [Full Article...]

Xerox terminates agreement to merge with Fujifilm

Xerox terminates agreement to merge with Fujifilm The US photocopier and printer manufacturer affirm Fujifilm failed to provide audited financials in an "acceptable" timeframe, therefore impairing its ability to finalise the transaction. In a lawsuit aimed at stopping the merger, Mr. Deason accused Mr. Jacobson of striking the deal to keep a job at the combined company. Thereafter, Xerox entered into a new settlement agreement with Carl Icahn... [Full Article...]

(NYSE:MRK) Stock Rating Reaffirmed by Deutsche Bank

Merck & Co Inc New Com now has $160.58 billion valuation. MRK touched $59.26 during the last trading session after $1.2 change.Currently Merck & Co., Inc.is downtrending after 14.94% change in last May 11, 2017. On Tuesday, February 13 DZ Bank upgraded Merck & Co., Inc. In other Merck & Co. news, insider Weir Mirian M. Graddick sold 24,000 shares of the firm's stock in a transaction dated Monday... [Full Article...]

Pittsburgh Pirates vs. San Francisco Giants

Pittsburgh Pirates vs. San Francisco Giants A few thoughts and observations about where the Pirates have been over the past few days and where they're headed ... Like Bonds, McCutchen ultimately moved on to the San Francisco Giants . It's the first time McCutchen will face his former team since he was traded during the offseason . Nova (2-3) gave up four runs and eight hits in 5⅔ innings and is 0-2 in five starts since beating Mia... [Full Article...]

Osk Capital III Corp Institutional Investor Sentiment Worsened in 2017 Q4

The company has market cap of $8.77 billion. The stock decreased 1.19% or $0.18 during the last trading session, reaching $14.89. It has underperformed by 47.32% the S&P500. Nuwave Mngmt Ltd Liability Com stated it has 0% of its capital in Kimco Realty Corporation (NYSE:KIM). State Of Tennessee Treasury Department stated it has 0.02% of its portfolio in First Industrial Realty Trust, Inc. [Full Article...]

Iran FM Due in Beijing, Moscow, Brussels for Intensive JCPOA Talks

Iran FM Due in Beijing, Moscow, Brussels for Intensive JCPOA Talks President Donald Trump announced Washington would leave it and ordered sanctions reimposed on Tehran. "I don't see a simple solution how to protect the company from risks associated with us sanctions", - quotes the Maas DW. The foreign ministers of Germany, France and the United Kingdom - three European signatories of the 2015 deal with Iran - are scheduled to meet their Iranian counterpart Jav... [Full Article...]

Wall St remains lower after Trump quits Iran deal

Wall St remains lower after Trump quits Iran deal Worries lingered that rising oil prices would perk up inflation. The Dow Jones Industrial Average ended 0.01 percent higher at 24,360.21, while the S&P 500 ended down 0.03 percent to 2,671.92. Crude hit its highest level in 3-1/2 years as investors bet the USA withdrawal from the nuclear deal with Iran would increase risks of conflict in the Middle East and curtail global oil supplies. [Full Article...]

Altice USA, Inc. (ATUS) EPS Estimated At $-0.17 on May, 22

Oil prices were hovering at a fresh multiyear high. At pixel time, Brent was up 2.5 per cent at $76.71, while West Texas Intermediate, the USA marker, added 2.4 per cent to $70.71. Meanwhile the stock weekly performance was subdued at -6.06%, which was down for the month at -11.81%. Looking further out we can see that the stock has moved -14.70% over the year to date. [Full Article...]

IShares Russell 2000 ETF (IWM) Rises 0.45% for May 10

When the trend is absent or the market is volatile, this system generates a lot of incorrect signals. The SMI indicator was developed by William Blau ad presented in Technical Analysis of Stocks & Commodities magazine in 1993, ten years after the original stochastic was invented. [Full Article...]

Trump's move could strengthen Iran's hardliners and hurt ordinary people

Trump's move could strengthen Iran's hardliners and hurt ordinary people Iran's foreign minister embarks on a tour of world powers on Saturday, state media reported, in what is seen as a last-ditch effort to save Tehran's nuclear deal after Washington's withdrawal from the accord. The spokesperson said May and Trump also discussed the relations between the USA and North Korea, as May began the call by congratulating Trump on the safe return of three United States ci... [Full Article...]

Bolton Warns Sanctions Possible for Doing Business With Iran

Bolton Warns Sanctions Possible for Doing Business With Iran Another European buyer, Italy's Eni, said it is buying 2 million barrels a month of Iranian crude as part of a contract running to year-end, adding any new sanctions would take six months to kick in. The nations that were hyper critical for the U.S. on its decision to break away from the 2015 deal had their economic interests at heart rather than the virtues of the deal. [Full Article...]

Tesla With Autopilot Slams Into Stopped Truck At 60 miles per hour

Tesla With Autopilot Slams Into Stopped Truck At 60 miles per hour Sgt. Sam Winkler, South Jordan Police, said the crash happened at about 6:38 p.m. involving a Tesla Model S and a mechanic truck from the Unified Fire Authority at 10400 South Bangerter Highway. Meanwhile, a Model X crash in California in March led to the death of the driver, with Tesla stating that the accident could have only occurred if the driver was not paying attention, noting that he was gi... [Full Article...]

Boston Dynamics will start to sell robots-dogs

Boston Dynamics will start to sell robots-dogs The company released a new video demonstrating the four-legged bot traveling across an entire office campus, moving from indoor and outdoor, and then back again. Boston Dynamics has been developing a range of robots, each with their own skills. The robot will also scan its surroundings in real-time to help it avoid collisions. [Full Article...]

Putin, Erdogan stress preservation of Iran nuclear deal

Putin, Erdogan stress preservation of Iran nuclear deal The JCOPA is an global accord won signature of seven countries along with the United Nations , he said. Turkey's President Recep Tayyip Erdogan and Russian counterpart Vladimir Putin agreed it was "wrong" for the United States to withdraw from the Iran nuclear deal, a Turkish presidential source said late Thursday. [Full Article...]

Nigerian woman kicked off United flight for stinking files racism suit

Nigerian woman kicked off United flight for stinking files racism suit According to the reports, the trio were on their second leg of a three-flight journey to Ontario, Canada , from Lagos. After a flight attendant did not fix the conflict whilst the man proceeded to deny to go on to his own assigned seat, Obioma made a decision to take his own spot. [Full Article...]


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