Markets
German business confidence rises to 6-year high
- March 28, 2017
On the up: "German business morale brightest in almost six years" BERLIN: German business morale hit its highest level in almost six years in March, suggesting company executives in Europe's largest economy are brushing off concerns about the threat of rising protectionism and Germany's own election issues. (more...)
- March 28, 2017
On the up: "German business morale brightest in almost six years" BERLIN: German business morale hit its highest level in almost six years in March, suggesting company executives in Europe's largest economy are brushing off concerns about the threat of rising protectionism and Germany's own election issues. (more...)
Australia in trouble in fourth India Test
- March 28, 2017
The Kangaroos lost three important wickets including that of skipper Steve Smith while they still trailed India's first innings total. The hosts then rubbed off 19 runs from the 106-run target in the final six overs before stumps. The Indian fast bowlers exploited the pace and bounce in the wicket to trouble the batsmen relentlessly. Shaun Marsh (1), who was claimed by spinner Ravindra Jadeja, was the fifth Aussie wicket to fall - and the umpires called for tea. (more...)
- March 28, 2017
The Kangaroos lost three important wickets including that of skipper Steve Smith while they still trailed India's first innings total. The hosts then rubbed off 19 runs from the 106-run target in the final six overs before stumps. The Indian fast bowlers exploited the pace and bounce in the wicket to trouble the batsmen relentlessly. Shaun Marsh (1), who was claimed by spinner Ravindra Jadeja, was the fifth Aussie wicket to fall - and the umpires called for tea. (more...)
California air regulators vote to keep tough fuel standards
- March 28, 2017
And about 13 states sign on to California's tailpipe rules which means that about 40 percent of the country adheres to California's standards, so regulatory-wise California has a really, really big role. "We're committed to a national program". "California's advanced clean cars standards are cutting pollution, reducing oil use, and delivering savings to consumers at the pump". (more...)
- March 28, 2017
And about 13 states sign on to California's tailpipe rules which means that about 40 percent of the country adheres to California's standards, so regulatory-wise California has a really, really big role. "We're committed to a national program". "California's advanced clean cars standards are cutting pollution, reducing oil use, and delivering savings to consumers at the pump". (more...)
Redrow stops pursuing Bovis Homes
- March 28, 2017
Redrow plc (LON:RDW) does not seem too bothered about the prospect of missing out on a merger with fellow house builder Bovis Homes PLC (LON:BVS). While Bovis also rejected Galliford Try's opening salvo, the pair have continued talks. Its share price has also tumbled since Britain voted to leave the European Union, making it vulnerable to a takeover tilt from a competitor. Its initial offer provided a 7% premium on Bovis's closing share price on March 10 this year and would hand Galliford ... (more...)
- March 28, 2017
Redrow plc (LON:RDW) does not seem too bothered about the prospect of missing out on a merger with fellow house builder Bovis Homes PLC (LON:BVS). While Bovis also rejected Galliford Try's opening salvo, the pair have continued talks. Its share price has also tumbled since Britain voted to leave the European Union, making it vulnerable to a takeover tilt from a competitor. Its initial offer provided a 7% premium on Bovis's closing share price on March 10 this year and would hand Galliford ... (more...)
Chinese premier wraps up Australia trip with football match
- March 28, 2017
The importance of this relationship can not be overstressed, said Professor James Laurenceson, deputy director of the Australia-China Relations Institute at the University of Technology in Sydney, who told Xinhua on Wednesday that the ongoing partnership with China is fundamental to the development of Australia's ongoing economic future. (more...)
- March 28, 2017
The importance of this relationship can not be overstressed, said Professor James Laurenceson, deputy director of the Australia-China Relations Institute at the University of Technology in Sydney, who told Xinhua on Wednesday that the ongoing partnership with China is fundamental to the development of Australia's ongoing economic future. (more...)
Traders Watch list Duluth Holdings Inc (NASDAQ:DLTH), Viewray Inc (NASDAQ:VRAY)
- March 28, 2017
The company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.09. What do this target means? Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. (more...)
- March 28, 2017
The company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.09. What do this target means? Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. (more...)
FBR & Co Trims Sanchez Energy Corp (SN) Target Price to $15.00
- March 28, 2017
BNP Paribas Arbitrage SA now owns 871,616 shares of the oil and gas exploration company's stock valued at $5,465,000 after buying an additional 235,896 shares in the last quarter. New Western Energy Corp had its "outperform" rating reiterated by analysts at Raymond James. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. (more...)
- March 28, 2017
BNP Paribas Arbitrage SA now owns 871,616 shares of the oil and gas exploration company's stock valued at $5,465,000 after buying an additional 235,896 shares in the last quarter. New Western Energy Corp had its "outperform" rating reiterated by analysts at Raymond James. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. (more...)
House Republicans Reveal Transportation Funding Plan
- March 28, 2017
Just because there's a hefty surplus doesn't mean there won't be cuts. "It looks like the House Republicans intend to use pre-kindergarten funding as a bargaining chip in the upcoming budget negotiations", Dayton said. The Republican Senate bill clocks in smaller, at $900 million. But Dayton bristled at almost $600 million in unspecified cuts to health and human services programs. (more...)
- March 28, 2017
Just because there's a hefty surplus doesn't mean there won't be cuts. "It looks like the House Republicans intend to use pre-kindergarten funding as a bargaining chip in the upcoming budget negotiations", Dayton said. The Republican Senate bill clocks in smaller, at $900 million. But Dayton bristled at almost $600 million in unspecified cuts to health and human services programs. (more...)
South Korea's Mirim Lee Wins LPGA Kia Classic at Aviara
- March 28, 2017
The Canadian missed the cut for the first time since the NW Arkansas Championship last season. She claimed her third LPGA Tour victory and her first since winning twice in her rookie season of 2014. Kerr shot a 1-under 71 that ended with a bogey on 18. Ko arrived at the 18 at one-over par, and needed two putts from long range in order to save par. (more...)
- March 28, 2017
The Canadian missed the cut for the first time since the NW Arkansas Championship last season. She claimed her third LPGA Tour victory and her first since winning twice in her rookie season of 2014. Kerr shot a 1-under 71 that ended with a bogey on 18. Ko arrived at the 18 at one-over par, and needed two putts from long range in order to save par. (more...)
Will Snapdeal merge with Flipkart? There's no smoke without fire
- March 28, 2017
Snapdeal, which faces intense competition from Amazon and Flipkart, had last reported an employee strength of 8,000. "If these terms stay on track, it's likely that the talks will culminate into a definitive transaction by late April", a person familiar with the talks was quoted as saying. (more...)
- March 28, 2017
Snapdeal, which faces intense competition from Amazon and Flipkart, had last reported an employee strength of 8,000. "If these terms stay on track, it's likely that the talks will culminate into a definitive transaction by late April", a person familiar with the talks was quoted as saying. (more...)
Indian airline bars lawmaker after shoe attack
- March 28, 2017
Aviation officials said that Ravindra Gaikwad had boasted to reporters on Thursday that he had hit a staffer from national carrier Air India "25 times with my sandal". Senior Air India officials are meeting on Friday to decide how to blacklist Gaikwad, who assaulted an Air India official at Delhi Airport, and create a no-fly list for unruly passengers. (more...)
- March 28, 2017
Aviation officials said that Ravindra Gaikwad had boasted to reporters on Thursday that he had hit a staffer from national carrier Air India "25 times with my sandal". Senior Air India officials are meeting on Friday to decide how to blacklist Gaikwad, who assaulted an Air India official at Delhi Airport, and create a no-fly list for unruly passengers. (more...)
Apple unveils updated iPad with lowest-ever price
- March 28, 2017
Without the usual fanfare associated with some of its product launches, Apple on Wednesday rolled out a cheaper low-end iPad, a new iPad mini with more memory, and red iPhones. The new model will begin shipping to customers from 24 of March in the United States and more than 40 countries and regions around the world. You can get a 32GB SE phone for $399 or a 128GB for $499. (more...)
- March 28, 2017
Without the usual fanfare associated with some of its product launches, Apple on Wednesday rolled out a cheaper low-end iPad, a new iPad mini with more memory, and red iPhones. The new model will begin shipping to customers from 24 of March in the United States and more than 40 countries and regions around the world. You can get a 32GB SE phone for $399 or a 128GB for $499. (more...)
What's at stake for NY in federal health overhaul?
- March 28, 2017
The amendment shifts the county share of Medicaid costs to New York State. ALBANY, N.Y. (AP) There's a debate in NY over the effects of an amendment to the Republican federal health care overhaul that only applies to the state. But they're trying to pass an unpopular bill in the House and hope that it can also get enough votes in the Senate. Taken together, Washington is telling "New York to drop dead", said Cuomo, who has been mentioned as a possible presidential candidate in 2020. (more...)
- March 28, 2017
The amendment shifts the county share of Medicaid costs to New York State. ALBANY, N.Y. (AP) There's a debate in NY over the effects of an amendment to the Republican federal health care overhaul that only applies to the state. But they're trying to pass an unpopular bill in the House and hope that it can also get enough votes in the Senate. Taken together, Washington is telling "New York to drop dead", said Cuomo, who has been mentioned as a possible presidential candidate in 2020. (more...)
Elon Musk reveals plan to streamline the Model 3 delivery process
- March 28, 2017
Tesla Inc has raised a total of $1.2 billion in fresh capital by selling common shares and convertible notes, with the sum exceeding its target from earlier this week to raise $1 billion. The electric auto company sold common shares at $262 per share & generated $350 million and also raised $850 million through sale of convertible debt, which was due in 2022. (more...)
- March 28, 2017
Tesla Inc has raised a total of $1.2 billion in fresh capital by selling common shares and convertible notes, with the sum exceeding its target from earlier this week to raise $1 billion. The electric auto company sold common shares at $262 per share & generated $350 million and also raised $850 million through sale of convertible debt, which was due in 2022. (more...)
Uber suspends self-driving cars after crash
- March 28, 2017
Tempe police spokeswoman Josie Montenegros said that "the vehicles collided causing the autonomous vehicle to roll onto it's side". Unfortunately, the crash comes at a rather bad time as some Uber employees from its "Otto" division (self-driving trucks) have been accused of intellectual property theft from Waymo, Google's self-driving vehicle project. (more...)
- March 28, 2017
Tempe police spokeswoman Josie Montenegros said that "the vehicles collided causing the autonomous vehicle to roll onto it's side". Unfortunately, the crash comes at a rather bad time as some Uber employees from its "Otto" division (self-driving trucks) have been accused of intellectual property theft from Waymo, Google's self-driving vehicle project. (more...)
China is not militarising South China Sea, says Premier Li
- March 28, 2017
Australia has been a consistent ally of the United States since World War I, but more recently has been careful not to provoke China , one of its biggest trading partners. Continuing to play down regional tensions with Beijing , Mr Li said that some 100,000 commercial vessels had traversed the South China Sea in previous year without incident or interruption. (more...)
- March 28, 2017
Australia has been a consistent ally of the United States since World War I, but more recently has been careful not to provoke China , one of its biggest trading partners. Continuing to play down regional tensions with Beijing , Mr Li said that some 100,000 commercial vessels had traversed the South China Sea in previous year without incident or interruption. (more...)
Oil bounces off November lows, but bloated USA stockpiles pressure market
- March 28, 2017
Futures lost as much as 1.6% in NY after gaining 0.6% last week. Saudi Arabian Energy Minister Khalid Al-Falih said on March 16 that the kingdom may extend its cuts if supplies stay above the five-year average. They have added 106 machines to fields this year. Investors now want to see whether Wednesday's figures from the US Energy Information Administration confirm the rise. (more...)
- March 28, 2017
Futures lost as much as 1.6% in NY after gaining 0.6% last week. Saudi Arabian Energy Minister Khalid Al-Falih said on March 16 that the kingdom may extend its cuts if supplies stay above the five-year average. They have added 106 machines to fields this year. Investors now want to see whether Wednesday's figures from the US Energy Information Administration confirm the rise. (more...)
Treasury Department Defends Steven Mnuchin's 'Lego Batman' Quip
- March 28, 2017
According to a new report from PricewaterhouseCoopers, 38 percent of U.S.jobs are at high risk of being replaced by automation in the next 15 years, compared with 30 percent of jobs in the United Kingdom and 21 percent of in Japan. He continued, saying, "I'm not anxious at all". Mnuchin said it would be another "50 or 100 more years" before humans should worry about that. "We must protect our borders from the ravages of other countries making our products, stealing our companies, and ... (more...)
- March 28, 2017
According to a new report from PricewaterhouseCoopers, 38 percent of U.S.jobs are at high risk of being replaced by automation in the next 15 years, compared with 30 percent of jobs in the United Kingdom and 21 percent of in Japan. He continued, saying, "I'm not anxious at all". Mnuchin said it would be another "50 or 100 more years" before humans should worry about that. "We must protect our borders from the ravages of other countries making our products, stealing our companies, and ... (more...)
Spotify acquires content recommendation startup MightyTV to bolster its advertising efforts
- March 28, 2017
Indeed, the MightyTV team will be joining Spotify, and Adams will serve as Spotify's new VP of technology, with a specific focus on "advertising and marketing technology solutions", according to a statement issued by Spotify. "We're really excited about the road ahead", MightyTV said on its website . Adams recognised that the music streaming service has built the leading marketplace for both fans and creators. (more...)
- March 28, 2017
Indeed, the MightyTV team will be joining Spotify, and Adams will serve as Spotify's new VP of technology, with a specific focus on "advertising and marketing technology solutions", according to a statement issued by Spotify. "We're really excited about the road ahead", MightyTV said on its website . Adams recognised that the music streaming service has built the leading marketplace for both fans and creators. (more...)
InterCloud Systems, Inc. (NASDAQ:ICLD): A Valuation and Tape Check
- March 28, 2017
Now the shares of InterCloud Systems, Inc. A price target is the projected price level of a financial security stated by an investment analyst. The 1-year price target of the company is 6. In phrases of Market analysis and buying and selling signals, RSI moving above the horizontal 30 reference standard is regarded as a bullish indicator, at the same time as the RSI transferring under the horizontal 70 reference standard is visible to be a bearish indicator. (more...)
- March 28, 2017
Now the shares of InterCloud Systems, Inc. A price target is the projected price level of a financial security stated by an investment analyst. The 1-year price target of the company is 6. In phrases of Market analysis and buying and selling signals, RSI moving above the horizontal 30 reference standard is regarded as a bullish indicator, at the same time as the RSI transferring under the horizontal 70 reference standard is visible to be a bearish indicator. (more...)
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Australia jobless rate ticked lower in May, full-time jobs slump