Markets


Trump administration backs 20-week abortion ban Trump administration backs 20-week abortion ban
- October 04, 2017

The bill's House sponsor, Rep. Trent Franks (R-Ariz.), has introduced similar legislation several times; one such bill passed the House in 2015 but failed in the Senate. Critics of the bill say that it could pose serious risks to women's rights and health. GettyUS President Donald Trump signs an executive order as Chief of Staff Reince Priebus looks on in the Oval Office of the White House in Washington , DC, January 23, 2017. (more...)
Ford creates team to ramp up electric vehicle development Ford creates team to ramp up electric vehicle development
- October 04, 2017

Investors want Hackett to articulate bold plans for the near-term and the future, says Brian Johnson, an analyst with Barclays. Ford sunk below Tesla Inc.in market value earlier this year, even though the automaker earned $4.6 billion in 2016 and Tesla has never made a full-year profit. (more...)
Cautious RBA Limits AUD/USD Exchange Rate Cautious RBA Limits AUD/USD Exchange Rate
- October 04, 2017

Yet policymakers are not in favour of further stimulus with household debt at an all-time peak of 190 per cent of disposable income, and rising at a faster pace than wages growth. And based on what it said in October, ANZ remains confident that the RBA will start to normalise policy by the middle of next year. "Employment has continued to grow strongly over recent months". (more...)
Yahoo Triples Likely Scope of '13 Hack to 3 Billion Users Yahoo Triples Likely Scope of '13 Hack to 3 Billion Users
- October 04, 2017

Yahoo, now part of Verizon, said that a 2013 hack that it previously believed had resulted in the theft of info for 1 billion user accounts actually affected approximately 3 billion after further investigation. Yahoo is notifying users. Verizon, based in NY, was little changed in late trading. After Yahoo was purchased by Verizon this year, it was rebranded as Oath. (more...)
Another Wells Fargo CEO faces an angry Congress Another Wells Fargo CEO faces an angry Congress
- October 03, 2017

Mr. Sloan said he was still working to fix the bank's aggressive sales culture. Sloan's explanations didn't satisfy Wells Fargo's most ardent critics, who seized on the bank's use of forced arbitration to settle lawsuits. That's 1.1 million more accounts than the bank initially admitted to opening in September 2016, when federal regulators first cracked down on Wells Fargo for the fraudulent sales. (more...)
Ocado Group PLC (LON:OCDO) Receives Reduce Rating from HSBC Holdings plc Ocado Group PLC (LON:OCDO) Receives Reduce Rating from HSBC Holdings plc
- October 03, 2017

Close Brothers Group plc has a 52 week low of GBX 1,222.00 and a 52 week high of GBX 1,715.00. Ordinary Shares (NYSE:MDT) has "Buy" rating given on Tuesday, August 23 by Citigroup. The firm has "Buy" rating given on Friday, October 30 by Goldman Sachs. HSBC maintained easyJet plc (LON:EZJ) on Wednesday, November 16 with "Buy" rating. (more...)
Sisters Temporarily Suspends Operations Post Guardian/ITV Investigation Sisters Temporarily Suspends Operations Post Guardian/ITV Investigation
- October 03, 2017

Ranjit Singh Boparan, dubbed the "chicken-king", has seen his food company in the United Kingdom suspend poultry processing operations at a plant accused of serious safety breaches. Furthermore Marks & Spencer, Aldi and Lidl all announced that they would be suspending shipments from the company a day after the story broke, with Sainsbury's following suit a day later. (more...)
Walmart eyes same-day delivery in New York City Walmart eyes same-day delivery in New York City
- October 03, 2017

Walmart and Parcel both declined to reveal the acquisition price, but a source told Recode it was less than $10 million. As it moves to make grocery shopping more convenient for consumers, Walmart has acquired Parcel , a technology based, same-day and last-mile delivery company specializing in perishable and non-perishable delivery to customers in New York City . (more...)
Bank overdraft and ATM fees both hit record highs Bank overdraft and ATM fees both hit record highs
- October 03, 2017

The survey looked at 10 banks and thrifts (savings and loans associations) in each of 25 large US markets: 1 interest account, 1 non-interest account and their associated ATM and debit-card fees were surveyed from 247 institutions offering checking accounts. (more...)
Berkshire Hathaway Buys 38.6% Stake in Pilot Flying J Travel Centers Berkshire Hathaway Buys 38.6% Stake in Pilot Flying J Travel Centers
- October 03, 2017

Warren Buffett , of investment giant Berkshire Hathaway, will keep Jimmy Haslam, CEO of the Flying J, on through 2023. In 2023, Berkshire Hathaway will buy an additional 41.4% equity stake and become majority shareholder, leaving the Haslam family with a 20% stake. (more...)
Education Realty Trust, Inc. (NYSE:EDR) Trading Volume Significantly Higher Education Realty Trust, Inc. (NYSE:EDR) Trading Volume Significantly Higher
- October 03, 2017

Sturm Ruger & Company Inc (NYSE:RGR) has declined 1.80% since October 2, 2016 and is downtrending. It has outperformed by 11.56% the S&P500. (EDR) stake by 154.72% reported in 2017Q2 SEC filing. It is negative, as 42 investors sold VNO shares while 147 reduced holdings. 161.43 million shares or 1.78% less from 164.36 million shares in 2017Q1 were reported. (more...)
Taking a Look at the Data Behind Wells Fargo & Company Taking a Look at the Data Behind Wells Fargo & Company
- October 03, 2017

Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument, unless that information is subsequently confirmed on your own . Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued. Alliant Energy Corp (NYSE:LNT) was raised too. (more...)
Liquor baron Vijay Mallya arrested in London under PMLA Liquor baron Vijay Mallya arrested in London under PMLA
- October 03, 2017

Mallya has been rejecting allegations by investigating agencies most of the Rs 6,000-crore loan borrowed from a State Bank of India-led consortium of lenders, terming them false and fabricated. Among the several cases against him one for fraudulently having a loan of Rs 900 crore extended his company by the IDBI bank . Earlier, at least 53 persons, including Mallya, faced prosecution complaints from the Directorate of Enforcement under the Prevention of Money Laundering Act, 2002, and they ... (more...)
Further strike action on Northern Rail today Further strike action on Northern Rail today
- October 03, 2017

The train operator has said it aims to run around 1,200 services across the north on both days between 7am and 7pm, which is 46 per cent of its normal timetable. And we will deliver it, ' he said. During these hours the overall number of trains running will be significantly reduced. Talks aimed at averting a strike by Tube drivers have been adjourned and will resume today. (more...)
Oracle's New Database Can Self-Protect, Self-Heal And Self Oracle's New Database Can Self-Protect, Self-Heal And Self
- October 03, 2017

At OpenWorld 2016, interRel was recognized with the Oracle Global Excellence Award for Specialized Partner of the Year in BI & EPM and the Oracle North America Excellence Award for Specialized Partner of the Year in EPM Cloud Solution. (more...)
In fresh funding round, Ola raises $2 billion from Softbank, other investors In fresh funding round, Ola raises $2 billion from Softbank, other investors
- October 03, 2017

The funding round isn't finished yet and the amount could change, the person said. "The investment has been completed and the understanding is that a sizeable portion will be allotted towards boosting the electric vehicle segment, " said an ET source. (more...)
Tata Motors to roll out EV variant of Tigor from Sanand plant Tata Motors to roll out EV variant of Tigor from Sanand plant
- October 03, 2017

It isn't still clear as to which auto will Tata Motors supply to EESL. While Nissan did not qualify at the technical bidding stage, it was Tata Motors, which clinched the deal with a Rs 11.2 lakh quote (inclusive of GST) for the electric version of one of its models, along with a five-year warranty. (more...)
CM directly responsible for all political murders in Kerala: Amit Shah CM directly responsible for all political murders in Kerala: Amit Shah
- October 03, 2017

Kannur is considered a stronghold of the CPM and Kerala Chief Minister Pinarayi Vijayan won the Assembly election from Dharmadom seat in the district. The padyatra , which will begin from Kannur's Payannur, the hometown of Kerala CM Pinarayi Vijayan, to highlight violence against RSS cadres, will wind through the state to end in Thirvananthapuram on October 17. (more...)
Theresa May: Jeremy Corbyn's Labour 'unfit to govern' Theresa May: Jeremy Corbyn's Labour 'unfit to govern'
- October 03, 2017

Speaking at the Tory conference on Monday, Hammond said Labour's proposals were a "resolutely-negative agenda of failed ideas, dredged up from a bygone era". The speech is certain to provoke fresh criticism after the Tory campaign floundered because of its focus on Corbyn-bashing, amid a lack of positive policies. (more...)
Equifax data breach may affect 2.5 million more consumers than originally stated Equifax data breach may affect 2.5 million more consumers than originally stated
- October 03, 2017

Equifax has come under fire for its handling of the huge cybersecurity breach. Founded in the 19th century as a retail credit company, Equifax had over the years morphed into one of the largest repositories of Americans' most sensitive financial data, which the company sliced and diced and sold to banks and hedge funds. (more...)