Markets

Reality of PNB Scam and Nirav Modi by Dhruv Rathee

Reality of PNB Scam and Nirav Modi by Dhruv Rathee Shetty, Kharat and Bhatt were called to the CBI office at BKC to understand the modus operandi about the scam. In case of default, the bank issuing the LoU has to pay the liability to credit giving bank along with accruing interest. "Nirmala Sitharaman and her colleagues are liable to civil and criminal defamation for making ignorant and patently false allegations". These properties are related ... [Full Article...]

Kraft Heinz meets cost-cut target of $1.7 billion by 2017 end

Kraft Heinz meets cost-cut target of $1.7 billion by 2017 end To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. Net sales were $6.9 billion, up 0.3 percent versus the year-ago period, including a 0.9 percentage point benefit from currency. RBC Capital Markets maintained The Kraft Heinz Company (NASDAQ... [Full Article...]

Brexit deal should strike "fair balance", says Germany's Merkel

Brexit deal should strike In a speech on Wednesday, the British Foreign Minister Boris Johnson said it would be "intolerable and undemocratic" if London continues to comply with European regulations after Brexit and cannot set its own laws when it comes to trade with the rest of the world. [Full Article...]

Time Warner tops Street 4Q forecasts

Time Warner tops Street 4Q forecasts About 93,841 shares traded or 19.93% up from the average. Jefferies Group also issued estimates for Time Warner's Q4 2017 earnings at $1.58 EPS, FY2017 earnings at $6.11 EPS, Q2 2018 earnings at $1.47 EPS, Q3 2018 earnings at $1.68 EPS, Q4 2018 earnings at $1.72 EPS, FY2018 earnings at $6.60 EPS, Q1 2019 earnings at $1.81 EPS, Q2 2019 earnings at $1.50 EPS and FY2019 earnings at $6.94 EPS. [Full Article...]

Exxon Mobil (NYSE:XOM) Given "Hold" Rating at Piper Jaffray Companies

The institutional investor held 81,376 shares of the specialty insurers company at the end of 2017Q3, valued at $11.89 million, down from 85,369 at the end of the previous reported quarter. Therefore 35% are positive. Celgene Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. For example, if stock's weekly and monthly performances are positive as compared to year a... [Full Article...]

Airline Cancels 220 Flights After Running Low on De-Icer

Airline Cancels 220 Flights After Running Low on De-Icer Southwest was forced to cancel almost all of its Sunday flights as it waited for the pump to be repaired. No one was injured in the incident and the airport resumed operations normally. Soon after the fire was reported , the airline crew made a decision to evacuate passengers from the plane, the airport said in tweet . A winter storm that dumped about 9 inches of snow on the Chicago area by ... [Full Article...]

Bitcoin mining boom in Iceland uses huge amounts of power

Bitcoin mining boom in Iceland uses huge amounts of power Johann Snorri Sigurbergsson from Icelandic energy company HS Orka told BBC that there simply isn't enough energy to power newly-proposed data centers. An Icelandic lawmaker has suggested imposing a new tax on bitcoin mining companies. Bitcoin mining Every ten minutes a miner wins a price of 12.5 bitcoins - still worth over a hundred thousand dollars in spite of a huge decline of more t... [Full Article...]

How Have Institutional Investors Been Trading Digital Realty Trust, Inc. (DLR)?

The stock decreased 15.47% or $19.03 during the last trading session, reaching $104. About 1.64M shares traded or 163.15% up from the average. Farmland Partners has increased its dividend for 2 consecutive years and QTS Realty Trust has increased its dividend for 2 consecutive years. [Full Article...]

U.S. stocks end lower after choppy trading

U.S. stocks end lower after choppy trading FedExFDX.N and UPS UPS.N dropped more than 1 percent after the Wall Street Journal reported Amazon.com IncAMZN.O will be launching its own delivery service. While low interest rates have been the basis of the nine-year-long bull market in stocks, falling bond prices and rising yields augur higher interest rates. [Full Article...]

Activision Blizzard Reports Decline In Q4 Bottom Line

Activision Blizzard Reports Decline In Q4 Bottom Line Activision Blizzard , Inc., ATVI traded at a stock price of $69.70, exhibiting 10,524,316 shares in volume. About 2.53M shares traded. (NASDAQ:ATVI). Daiwa Securities Gp invested in 87,619 shares. ILLEGAL ACTIVITY WARNING: " Activision Blizzard , Inc". Therefore 83% are positive. Activision Blizzard had 123 analyst reports since July 28, 2015 according to SRatingsIntel. [Full Article...]

United States announces arrests in $530 million cyber identity fraud scheme

United States announces arrests in $530 million cyber identity fraud scheme The indictment said that among the stolen items advertised were 795,000 HSBC bank logins, dozens of PayPal logins and credentials, and credit card numbers. Prosecutors claim that the scammers aimed to inflict losses of $2.2 billion in stolen revenue. And while there are just five suspects still at large, the actual membership is considerably deeper with 10,901 registered members as of March 20... [Full Article...]

The Newest: Ex-Uber CEO noticed Google founder as a 'brother'

The Newest: Ex-Uber CEO noticed Google founder as a 'brother' He's scheduled to appear in court when the trial reopens around 7:30 a.m. Uber was so driven to "win at all costs" in the race to develop self-driving vehicles that it cheated, a Waymo lawyer told a jury, at an opening salvo in a trade-secrets lawsuit between the technology companies that could help determine who emerges in the forefront of the autonomous auto business. [Full Article...]

Purchases 1142 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Purchases 1142 Shares of Amazon.com, Inc. (NASDAQ:AMZN) Amazon.com, Inc. (NASDAQ: AMZN ) keeps its position active in context of investors' investment valuation, price per shares surged 3.80% to $1442.84 with volume of 10.92 Million. The firm has "Buy" rating given on Friday, August 18 by Stifel Nicolaus. Also, Director Tom A. Alberg sold 835 shares of the company's stock in a transaction on Monday, November 27th. [Full Article...]

Super Bowl ads have fans buzzing

Super Bowl ads have fans buzzing The study by Rockport Analytics predicted there would be a net incremental spending of $338 million dollars in the state. Bauman said the Eagles fans he met around town tended to be more affluent, older and more mature than those who made the news two weeks ago. [Full Article...]

Sensex, Nifty, rupee down on global rout

Sensex, Nifty, rupee down on global rout Bajaj Fin (+4%), Indiabulls HF (+1.5%), ICICI Bank (+1%), Eicher (+0.99%) and Tata Steel (+0.82%) were the top gainers on the NSE. The benchmark BSE Sensex languished on across the board sell-off, slumping 1,025 points points or 2.95 per cent in late morning deals crumbled by sharp losses in global markets. [Full Article...]

Budget Week: 252 stocks touched 52 week-low; Midcap index down 6.4%

Budget Week: 252 stocks touched 52 week-low; Midcap index down 6.4% The carnage at Dalal Street today shrunk the total investors' wealth by almost Rs 4.6 lakh crore. European shares were trading lower for the fifth day running as the US government bond sell-off entered a second session on optimism over global growth and rising expectations of inflation. [Full Article...]

Free Solar Panels and Tesla Batteries to Slash South Australians' Domestic Bills

Free Solar Panels and Tesla Batteries to Slash South Australians' Domestic Bills The project was initiated via Twitter as a bet (which proved successful), with Musk promising the system "100 days from contract signature or it is free". Grimes, for one, noted that the construction of the virtual power plant would place the country at the forefront of the green revolution in technology. [Full Article...]

Fed Slaps Unusual Penalty On Wells Fargo Following 'Widespread Consumer Abuses'

Fed Slaps Unusual Penalty On Wells Fargo Following 'Widespread Consumer Abuses' On Friday, June 24 the stock rating was initiated by Miller Tabak with "Buy". They see Regulus Therapeutics Inc. The original version of this article can be viewed at https://www.dispatchtribunal.com/2018/02/03/wells-fargo-co-wfc-holdings-reduced-by-investment-centers-of-america-inc.html. [Full Article...]

How major USA stock indexes fared on Wednesday

How major USA stock indexes fared on Wednesday Stock futures climbed toward a rebound in Wednesday's premarket session, as the S&P 500 looked to cap its best January showing in two decades. NASDAQ measures a number of indices reflecting the reaction of USA's high tech markets and business environments on the country's political and economic developments which have an impact on high tech markets. [Full Article...]

Earnings drive gains for United States stocks in afternoon trading

Earnings drive gains for United States stocks in afternoon trading Fourth-quarter earnings growth for the S&P 500 is now estimated at 13.2 per cent, according to Thomson Reuters data, up from 12 per cent at the start of the year. Treasury prices. The Federal Reserve's two-day meeting ends on Wednesday and its statement at 2 p.m. ET is expected to signal a gradual tightening of monetary policy later this year as the US economy continues to expand and job... [Full Article...]


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