Markets
Stifel Nicolaus upgraded Energy Transfer Partners LP (NYSE:ETP) to 'Buy'
- May 13, 2017
Proxima Capital Management Llc increased Kraton Corporation (KRA) stake by 12.82% reported in 2016Q4 SEC filing. Wexford Capital Lp acquired 309,262 shares as Energy Transfer Prtnrs LP (ETP)'s stock declined 14.49%. In terms of profitability, one point was given if there was a positive return on assets in the current year, one point if operating cash flow was positive in the current year, one point for higher ROA in the current period compared to ROA for the previous year, and one point for ... (more...)
- May 13, 2017
Proxima Capital Management Llc increased Kraton Corporation (KRA) stake by 12.82% reported in 2016Q4 SEC filing. Wexford Capital Lp acquired 309,262 shares as Energy Transfer Prtnrs LP (ETP)'s stock declined 14.49%. In terms of profitability, one point was given if there was a positive return on assets in the current year, one point if operating cash flow was positive in the current year, one point for higher ROA in the current period compared to ROA for the previous year, and one point for ... (more...)
Boeing halts 737 MAX flights due to engine issue
- May 13, 2017
The company said it still plans to deliver the first Boeing 737 Max later this month, and production will continue. About 30 affected engines are being shipped to locations in the US and France to be torn down and inspected in the coming days, said Rick Kennedy, a spokesman for GE Aviation. (more...)
- May 13, 2017
The company said it still plans to deliver the first Boeing 737 Max later this month, and production will continue. About 30 affected engines are being shipped to locations in the US and France to be torn down and inspected in the coming days, said Rick Kennedy, a spokesman for GE Aviation. (more...)
RBI initiates prompt corrective action against UCO Bank for soaring NPA
- May 13, 2017
The company's market valuation fell by Rs 413.58 crore to Rs 5,656.42 crore. The bank had reported a provision of Rs 464.50 crore as on March 31, 2016, compared to Rs 1,322.53 crore as estimated by the RBI. The bank's total business stood at Rs 332940 crore with advances at Rs 131655 crore. "YES Bank would like to clarify that the disclosure on divergence in asset classification and provisions in NPAs in the annual audited financial statement is in conformity with the RBI circular issued on ... (more...)
- May 13, 2017
The company's market valuation fell by Rs 413.58 crore to Rs 5,656.42 crore. The bank had reported a provision of Rs 464.50 crore as on March 31, 2016, compared to Rs 1,322.53 crore as estimated by the RBI. The bank's total business stood at Rs 332940 crore with advances at Rs 131655 crore. "YES Bank would like to clarify that the disclosure on divergence in asset classification and provisions in NPAs in the annual audited financial statement is in conformity with the RBI circular issued on ... (more...)
Snap stock plunges in USA following earnings report
- May 13, 2017
It priced its IPO at $17 a share and the stock is under threat of testing it on Thursday after the results disappointed investors. Average revenue per user (ARPU) was 90 cents in the first quarter, up from 33 cents the same quarter a year earlier, but below the $1.05 per user in the fourth quarter of 2016. (more...)
- May 13, 2017
It priced its IPO at $17 a share and the stock is under threat of testing it on Thursday after the results disappointed investors. Average revenue per user (ARPU) was 90 cents in the first quarter, up from 33 cents the same quarter a year earlier, but below the $1.05 per user in the fourth quarter of 2016. (more...)
Laptops reportedly to be banned on flights from Europe to U.S.
- May 12, 2017
One issue that had been expected to come up at the meeting was how much advance notice airlines would get to impose additional restrictions, which some airline officials say would require hiring more staff. "We'll likely expand the restrictions", he told the New York Times . A current ban on laptops and tablets is in place from 10 airports located in North Africa and the Middle East. (more...)
- May 12, 2017
One issue that had been expected to come up at the meeting was how much advance notice airlines would get to impose additional restrictions, which some airline officials say would require hiring more staff. "We'll likely expand the restrictions", he told the New York Times . A current ban on laptops and tablets is in place from 10 airports located in North Africa and the Middle East. (more...)
The Department of Homeland Security May Ban Laptops on Flights from Europe
- May 12, 2017
On Tuesday, Reuters reported that a United Nations agency has begun an effort to craft global guidance for the use of laptops and other portable electronics in passenger aircraft cabins after the bans upset airline passengers and Middle Eastern carriers. (more...)
- May 12, 2017
On Tuesday, Reuters reported that a United Nations agency has begun an effort to craft global guidance for the use of laptops and other portable electronics in passenger aircraft cabins after the bans upset airline passengers and Middle Eastern carriers. (more...)
Modi leaves for Sri Lanka
- May 12, 2017
The PM, at the Bandarnaike Memorial International Conference Hall (BIMCH) will deliver a celebratory address on the occasion of International Vesak Day, the biggest festival of Buddhists, on May 12. This assumes significance since China is aggressively trying to make inroads in Sri Lanka. "India's rapid growth can bring dividends for the entire region, especially in Sri Lanka". (more...)
- May 12, 2017
The PM, at the Bandarnaike Memorial International Conference Hall (BIMCH) will deliver a celebratory address on the occasion of International Vesak Day, the biggest festival of Buddhists, on May 12. This assumes significance since China is aggressively trying to make inroads in Sri Lanka. "India's rapid growth can bring dividends for the entire region, especially in Sri Lanka". (more...)
South Korea recalls Hyundai cars, asks probe on cover-up
- May 12, 2017
In addition to the latest recall order, the ministry has requested that Hyundai and Kia fix minor faulty parts in nine cases free of charge, and will decide whether or not to force the carmaker to recall cars that may have problems down the line. (more...)
- May 12, 2017
In addition to the latest recall order, the ministry has requested that Hyundai and Kia fix minor faulty parts in nine cases free of charge, and will decide whether or not to force the carmaker to recall cars that may have problems down the line. (more...)
Shirtless justin bieber leaves india
- May 12, 2017
He followed it up with What do you mean, and the cheering began again. They not just called it a "low on energy" show, but also observed Bieber lip syncing to many of his songs, which was quite a turn off. Not to be forgotten, fans had paid a huge sum to buy a single ticket for his recently held concert. At 5 pm, Indian DJ Shahid Sharma, popularly known as Zaeden, will take the centre stage and perform. (more...)
- May 12, 2017
He followed it up with What do you mean, and the cheering began again. They not just called it a "low on energy" show, but also observed Bieber lip syncing to many of his songs, which was quite a turn off. Not to be forgotten, fans had paid a huge sum to buy a single ticket for his recently held concert. At 5 pm, Indian DJ Shahid Sharma, popularly known as Zaeden, will take the centre stage and perform. (more...)
Syrian Kurds clear mines after taking town, dam from IS
- May 12, 2017
The fall of Tabqa leaves no other major urban settlements on the road to Raqqa, about 25 miles (40 kilometers) away. Redur Khalil, the spokesman for the Kurdish militia known as the People's Protection Units, or YPG, on Thursday called on Turkey to let go of its "unjustified" fears of the group, which is battling Islamic State militants with the help of US -led airstrikes. (more...)
- May 12, 2017
The fall of Tabqa leaves no other major urban settlements on the road to Raqqa, about 25 miles (40 kilometers) away. Redur Khalil, the spokesman for the Kurdish militia known as the People's Protection Units, or YPG, on Thursday called on Turkey to let go of its "unjustified" fears of the group, which is battling Islamic State militants with the help of US -led airstrikes. (more...)
Facebook is 'crushing' Snapchat, according to Wall Street
- May 12, 2017
This was the first time Snap has had to publish its earnings since it made its initial public offering (IPO) in March, which valued the company at $28bn. As Business Insider reports , Spiegel suggested that Snapchat is being unfairly compared to companies like Facebook that use "growth hacking" to rapidly scale their businesses. (more...)
- May 12, 2017
This was the first time Snap has had to publish its earnings since it made its initial public offering (IPO) in March, which valued the company at $28bn. As Business Insider reports , Spiegel suggested that Snapchat is being unfairly compared to companies like Facebook that use "growth hacking" to rapidly scale their businesses. (more...)
Earnings Forecast of General Electric Company (GE)
- May 12, 2017
Mizuho upgraded the stock to "Buy" rating in Monday, November 21 report. Deutsche Bank derives its General Electric target price of $24 by taking the average of P/E (on adjusted EPS - assumed 10% discount to S&P 500 valuation) and cash + General Electric Capital valuation. (more...)
- May 12, 2017
Mizuho upgraded the stock to "Buy" rating in Monday, November 21 report. Deutsche Bank derives its General Electric target price of $24 by taking the average of P/E (on adjusted EPS - assumed 10% discount to S&P 500 valuation) and cash + General Electric Capital valuation. (more...)
S. Korea's Moon to send delegation to China amid frayed ties
- May 12, 2017
Japanese officials have described the first telephone call between new South Korean President Moon Jae-in and Japanese Prime Minster Shinzo Abe as "positive and meaningful", with the two agreeing to cooperate closely to deal with North Korea. (more...)
- May 12, 2017
Japanese officials have described the first telephone call between new South Korean President Moon Jae-in and Japanese Prime Minster Shinzo Abe as "positive and meaningful", with the two agreeing to cooperate closely to deal with North Korea. (more...)
TheStreet Upgrades AK Steel Holding Co
- May 12, 2017
Analysts are speculating a 313.79% move, based on the high target price ($12) for the shares that is set to reach in the next 12 months. Several other research firms also recently commented on X. The company's quarterly revenue was up 1.0% on a year-over-year basis. On average, analysts expect that United States Steel will post $1.11 EPS for the current year. (more...)
- May 12, 2017
Analysts are speculating a 313.79% move, based on the high target price ($12) for the shares that is set to reach in the next 12 months. Several other research firms also recently commented on X. The company's quarterly revenue was up 1.0% on a year-over-year basis. On average, analysts expect that United States Steel will post $1.11 EPS for the current year. (more...)
IAMGOLD Corp (USA) (NYSE:IAG)
- May 12, 2017
The stock exchanged hands with 9.43 million shares contrast to its average daily volume of 7.43 million shares. A number of research analysts have recently weighed in on IAG shares. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of "Hold" and an average target price of C$6.88. (more...)
- May 12, 2017
The stock exchanged hands with 9.43 million shares contrast to its average daily volume of 7.43 million shares. A number of research analysts have recently weighed in on IAG shares. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of "Hold" and an average target price of C$6.88. (more...)
Stock On the Run: Whiting Petroleum Corp. (WLL)
- May 12, 2017
The current consensus rating on Whiting Petroleum Corp (NYSE: WLL ) is Hold (Score: 2.48) with a consensus target price of $13.08 per share, a potential 51.34% upside. The business's quarterly revenue was up 28.2% on a year-over-year basis. They expect $-0.15 EPS, up 78.57% or $0.55 from last year's $-0.7 per share. (more...)
- May 12, 2017
The current consensus rating on Whiting Petroleum Corp (NYSE: WLL ) is Hold (Score: 2.48) with a consensus target price of $13.08 per share, a potential 51.34% upside. The business's quarterly revenue was up 28.2% on a year-over-year basis. They expect $-0.15 EPS, up 78.57% or $0.55 from last year's $-0.7 per share. (more...)
Banks Plan To Make YOU Pay their $6.2B Budget Levy
- May 12, 2017
Australia's budget will impose a levy of 6 basis points on banks with liabilities in excess of $100 billion Australian dollars ($74 billion) in an attempt to raise more than A$6 billion over the next four years. The government hopes to recoup costs by pushing the burden for university costs more onto students. A new training fund will be launched paid for by a levy on businesses bringing in foreign workers.Businesses will have to pay an annual levy of $1200 -$1800 per worker per year to ... (more...)
- May 12, 2017
Australia's budget will impose a levy of 6 basis points on banks with liabilities in excess of $100 billion Australian dollars ($74 billion) in an attempt to raise more than A$6 billion over the next four years. The government hopes to recoup costs by pushing the burden for university costs more onto students. A new training fund will be launched paid for by a levy on businesses bringing in foreign workers.Businesses will have to pay an annual levy of $1200 -$1800 per worker per year to ... (more...)
China's first big passenger plane takes off for maiden flight
- May 12, 2017
The Bloomberg report said Boeing predicted late past year that China will require over 6,800 aircraft valued at more than $1 trillion through 2035. After about 90 minutes in the air the plane landed safely back at Pudong airport in Shanghai. (more...)
- May 12, 2017
The Bloomberg report said Boeing predicted late past year that China will require over 6,800 aircraft valued at more than $1 trillion through 2035. After about 90 minutes in the air the plane landed safely back at Pudong airport in Shanghai. (more...)
Will go to ACB over water tanker scam, says Kapil Mishra
- May 12, 2017
The AAP is in the throes of a crisis with its sacked Minister Kapil Mishra accusing Kejriwal and other senior leaders of corruption. On getting life threats for sitting on hunger strike, he said, "I have been getting life threats, got a threat also from an global number". (more...)
- May 12, 2017
The AAP is in the throes of a crisis with its sacked Minister Kapil Mishra accusing Kejriwal and other senior leaders of corruption. On getting life threats for sitting on hunger strike, he said, "I have been getting life threats, got a threat also from an global number". (more...)
Icon signs biography of French president-elect Macron
- May 12, 2017
Mr Hamon, who gained popularity in recent years by leading a group of rebel Socialist lawmakers who opposed Mr Valls, was a distant fifth in the first round of the presidential election after garnering just over 6% of the votes, the Socialist Party's worst result since 1969. (more...)
- May 12, 2017
Mr Hamon, who gained popularity in recent years by leading a group of rebel Socialist lawmakers who opposed Mr Valls, was a distant fifth in the first round of the presidential election after garnering just over 6% of the votes, the Socialist Party's worst result since 1969. (more...)
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