Markets
Vikram Kothari, son arrested in Rs 3.6K-cr loan scam
- February 23, 2018
Defence advocate Pramod Kumar Dubey raised objections to the jurisdiction of the court, saying the accused should be produced before a sessions court and not before a magisterial court. The Bank of Baroda had claimed that in some cases, the credit sanctioned for an export order was diverted to an offshore company and later remitted back into Rotomac without executing export order. (more...)
- February 23, 2018
Defence advocate Pramod Kumar Dubey raised objections to the jurisdiction of the court, saying the accused should be produced before a sessions court and not before a magisterial court. The Bank of Baroda had claimed that in some cases, the credit sanctioned for an export order was diverted to an offshore company and later remitted back into Rotomac without executing export order. (more...)
Stocks Rating Report: The Coca-Cola Company (KO), Oracle Corporation (ORCL)
- February 23, 2018
Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. Given that its average daily volume over the 30 days has been 12.39 million shares a day, this signifies a pretty significant change over the norm. The Pennsylvania-based Blb&B Advsr has invested 0.45% in The Coca-Cola Company (NYSE:KO). (more...)
- February 23, 2018
Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. Given that its average daily volume over the 30 days has been 12.39 million shares a day, this signifies a pretty significant change over the norm. The Pennsylvania-based Blb&B Advsr has invested 0.45% in The Coca-Cola Company (NYSE:KO). (more...)
Were Analysts Bullish ITE Group plc (LON:ITE) This Week?
- February 23, 2018
The Weir Group PLC is a United Kingdom-based company, which is engaged in engineering businesses. The company has a market cap of $6,740.00 and a PE ratio of 2,261.33. Canaccord Genuity maintained it with "Speculative Buy" rating and GBX 200 target in Wednesday, May 11 report. The stock has "Buy" rating by Peel Hunt on Tuesday, December 6. (more...)
- February 23, 2018
The Weir Group PLC is a United Kingdom-based company, which is engaged in engineering businesses. The company has a market cap of $6,740.00 and a PE ratio of 2,261.33. Canaccord Genuity maintained it with "Speculative Buy" rating and GBX 200 target in Wednesday, May 11 report. The stock has "Buy" rating by Peel Hunt on Tuesday, December 6. (more...)
YouTube removes Florida shooting conspiracy video accusing teen survivor of being actor
- February 23, 2018
Comedians on the late-night TV circuit got serious on Wednesday as they slammed Donald Trump Jr . for reportedly boosting conspiracy theories about last week's school shooting in Florida , including one that called a survivor an agent of "the deep state media ". (more...)
- February 23, 2018
Comedians on the late-night TV circuit got serious on Wednesday as they slammed Donald Trump Jr . for reportedly boosting conspiracy theories about last week's school shooting in Florida , including one that called a survivor an agent of "the deep state media ". (more...)
Kia's first India model to hit roads by mid
- February 23, 2018
The plant spread over 23 million square feet will have a capacity to produce 3 lakh vehicle annually and employ around 3,000 when fully operational. I am happy to announce that the construction of the plant is one month ahead of schedule. "We aim to set a new automotive lifestyle experience by providing Indian consumers with world-class products and services", said Han-Woo Park, president and CEO of Kia Motors Corporation adding that by 2021 the company aims to create 10, 000 jobs through this ... (more...)
- February 23, 2018
The plant spread over 23 million square feet will have a capacity to produce 3 lakh vehicle annually and employ around 3,000 when fully operational. I am happy to announce that the construction of the plant is one month ahead of schedule. "We aim to set a new automotive lifestyle experience by providing Indian consumers with world-class products and services", said Han-Woo Park, president and CEO of Kia Motors Corporation adding that by 2021 the company aims to create 10, 000 jobs through this ... (more...)
The Home Depot Inc (HD) Stake Lowered by Pinnacle Associates Ltd.
- February 23, 2018
Marsico Capital Management Llc increased Heico Corp New (NYSE:HEI) stake by 4,029 shares to 12,827 valued at $1.15 million in 2017Q3. (HD) has the market capitalization of 218.08 Billion. Home Depot predicts similar sales growth of 5% for the current fiscal year, which is slightly more reticent than analysts expecting an increase of 5.4%. (more...)
- February 23, 2018
Marsico Capital Management Llc increased Heico Corp New (NYSE:HEI) stake by 4,029 shares to 12,827 valued at $1.15 million in 2017Q3. (HD) has the market capitalization of 218.08 Billion. Home Depot predicts similar sales growth of 5% for the current fiscal year, which is slightly more reticent than analysts expecting an increase of 5.4%. (more...)
U.S. crude oil stocks unexpectedly drop
- February 23, 2018
It hit a two-week peak at $66.56. Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in US crude inventories. US crude oil production surpassed 10 million barrels per day (MMBPD) in November for the first time since 1970, hindering efforts by the OPEC and other producers led by Russian Federation, to reduce the global inventory glut and hold up oil prices by cutting output. (more...)
- February 23, 2018
It hit a two-week peak at $66.56. Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in US crude inventories. US crude oil production surpassed 10 million barrels per day (MMBPD) in November for the first time since 1970, hindering efforts by the OPEC and other producers led by Russian Federation, to reduce the global inventory glut and hold up oil prices by cutting output. (more...)
Number of people moving from European Union to United Kingdom falls by 75000
- February 23, 2018
But that won't deal with the two biggest fears among cabinet Brexit supporters. Nicola White, ONS head of worldwide migration statistics, said: "Brexit could well be a factor in people's decision to move to or from the United Kingdom, but people's decision to migrate is complicated and can be influenced by lots of different reasons". (more...)
- February 23, 2018
But that won't deal with the two biggest fears among cabinet Brexit supporters. Nicola White, ONS head of worldwide migration statistics, said: "Brexit could well be a factor in people's decision to move to or from the United Kingdom, but people's decision to migrate is complicated and can be influenced by lots of different reasons". (more...)
Snapchat Updates Bring Gif Stickers, New Tabs but Redesign Stays
- February 23, 2018
Petitioners were rewarded with a response from Snap yesterday, but the lukewarm reply isn't what they asked for. Numerous new features , the petition argues, are "useless or defeats the original purposes Snapchat has had for the past years". (more...)
- February 23, 2018
Petitioners were rewarded with a response from Snap yesterday, but the lukewarm reply isn't what they asked for. Numerous new features , the petition argues, are "useless or defeats the original purposes Snapchat has had for the past years". (more...)
Supreme Court deals blow to Wall Street whistle-blowers with unanimous ruling
- February 23, 2018
The US Supreme Court [official website] held [opinion, PDF] Wednesday in Digital Realty Trust v. Somers [SCOTUSblog materials] that the anti-retaliation provision of the securities law does not apply to an individual terminated before he reported acts of retaliation to the Securities and Exchange Commission (SEC) [official website]. (more...)
- February 23, 2018
The US Supreme Court [official website] held [opinion, PDF] Wednesday in Digital Realty Trust v. Somers [SCOTUSblog materials] that the anti-retaliation provision of the securities law does not apply to an individual terminated before he reported acts of retaliation to the Securities and Exchange Commission (SEC) [official website]. (more...)
Stocks grabbing Attention: Chevron Corporation (CVX), The Walt Disney Company (DIS)
- February 23, 2018
It dived, as 90 investors sold DIS shares while 649 reduced holdings. Gillespie Robinson & Grimm Inc who had been investing in Facebook Inc. for a number of months, seems to be less bullish one the $518.08B market cap company. The debt ratio of X is 1.03 compared to 0.60 for DIS . First Bank & Trust Trust, a Maryland-based fund reported 7,308 shares. 95 funds opened positions while 563 raised stakes. (more...)
- February 23, 2018
It dived, as 90 investors sold DIS shares while 649 reduced holdings. Gillespie Robinson & Grimm Inc who had been investing in Facebook Inc. for a number of months, seems to be less bullish one the $518.08B market cap company. The debt ratio of X is 1.03 compared to 0.60 for DIS . First Bank & Trust Trust, a Maryland-based fund reported 7,308 shares. 95 funds opened positions while 563 raised stakes. (more...)
Gender pay gap at Tenet revealed
- February 23, 2018
The number of men in the highest-paying quartile within the organization is nearly double, at 66.2%, than women, at 33.8%, while those figures are reversed for men and women in the lowest-paying quartile. The requirement was enshrined in the Equality Act of 2010, with the regulations coming into effect on April 5, 2017. "Reporting on our gender pay gap is an important step forward in tackling this long-standing and systemic issue", Ms. (more...)
- February 23, 2018
The number of men in the highest-paying quartile within the organization is nearly double, at 66.2%, than women, at 33.8%, while those figures are reversed for men and women in the lowest-paying quartile. The requirement was enshrined in the Equality Act of 2010, with the regulations coming into effect on April 5, 2017. "Reporting on our gender pay gap is an important step forward in tackling this long-standing and systemic issue", Ms. (more...)
Amica Retiree Medical Trust Acquires 3149 Shares of American Tower Corp (AMT)
- February 23, 2018
With 4,700 avg volume, 19 days are for CANWEL BUILDING MATERIALS GROUP LTD ORDI (OTCMKTS:CWXZF)'s short sellers to cover CWXZF's short positions. Over the last three months, the shares of the company have changed -6.17% and performed -0.54% over the last six months. (more...)
- February 23, 2018
With 4,700 avg volume, 19 days are for CANWEL BUILDING MATERIALS GROUP LTD ORDI (OTCMKTS:CWXZF)'s short sellers to cover CWXZF's short positions. Over the last three months, the shares of the company have changed -6.17% and performed -0.54% over the last six months. (more...)
Toys R Us to close additional 200 stores, reports Wall Street Journal
- February 23, 2018
The new store closings would be on top of those previously announced . Last month, Toys R Us officials released the list of 182 stores they plan to close by April. "The discussions about the store closings are continuing, and the number of closures could change", according to the paper. The company, which is reorganizing under the Chapter 11 bankruptcy process, also intends to make considerable staff cuts at its corporate offices in Wayne, New Jersey. (more...)
- February 23, 2018
The new store closings would be on top of those previously announced . Last month, Toys R Us officials released the list of 182 stores they plan to close by April. "The discussions about the store closings are continuing, and the number of closures could change", according to the paper. The company, which is reorganizing under the Chapter 11 bankruptcy process, also intends to make considerable staff cuts at its corporate offices in Wayne, New Jersey. (more...)
Has $745000 Holdings in Chesapeake Energy Co. (CHK)
- February 22, 2018
Pomelo Capital Llc decreased Chesapeake Energy Corp ( CHK ) stake by 40.14% reported in 2017Q3 SEC filing. The number of shares now owned by investors are 41.74 mln. The stock traded as low as $2.63 and last traded at $2.63. That puts the market capitalization at $939.15 mln. The company has a debt-to-equity ratio of -4.17, a quick ratio of 0.53 and a current ratio of 0.53. (more...)
- February 22, 2018
Pomelo Capital Llc decreased Chesapeake Energy Corp ( CHK ) stake by 40.14% reported in 2017Q3 SEC filing. The number of shares now owned by investors are 41.74 mln. The stock traded as low as $2.63 and last traded at $2.63. That puts the market capitalization at $939.15 mln. The company has a debt-to-equity ratio of -4.17, a quick ratio of 0.53 and a current ratio of 0.53. (more...)
Bill Gates asked price of everyday items, quotes majority wrong
- February 22, 2018
The audience were told that if Bill was able to guess the prices of at least three out of the five items they would win a prize, which he eventually managed to do. He then changed his guess to $15 and then $8 (it costs $8.98). Gates must keep his teeth in good shape, because he knew the cost of floss better than anything. (more...)
- February 22, 2018
The audience were told that if Bill was able to guess the prices of at least three out of the five items they would win a prize, which he eventually managed to do. He then changed his guess to $15 and then $8 (it costs $8.98). Gates must keep his teeth in good shape, because he knew the cost of floss better than anything. (more...)
Hess Midstream Partners LP (HESM): Tracking the Indicators
- February 22, 2018
The Ensign Group, Inc. provides health care services in the post-acute care continuum and other ancillary businesses in the United States. The company has market cap of $5.58 billion. BB&T Securities LLC raised its stake in shares of EQT Midstream Partners by 15.3% in the 4th quarter. Jacobus Wealth Mgmt reported 2,440 shares. Summit Equities reported 0.2% in EQT Midstream Partners, LP (NYSE:EQM). (more...)
- February 22, 2018
The Ensign Group, Inc. provides health care services in the post-acute care continuum and other ancillary businesses in the United States. The company has market cap of $5.58 billion. BB&T Securities LLC raised its stake in shares of EQT Midstream Partners by 15.3% in the 4th quarter. Jacobus Wealth Mgmt reported 2,440 shares. Summit Equities reported 0.2% in EQT Midstream Partners, LP (NYSE:EQM). (more...)
Minutes Show US Fed Still On Track For Three Rate Hikes
- February 22, 2018
Quarles said . This would bring the federal funds rate, the central bank's key interest rate target, to 1.75% to 2.00%. "At this point, we have completed the bulk of the work of post-crisis regulation", Quarles said. Private analysts have boosted their outlook to 2.6 percent, according to the median forecast in a Bloomberg News survey. The pickup in yields has begun to make bonds more attractive as an alternative to stocks, which makes some investors uneasy. (more...)
- February 22, 2018
Quarles said . This would bring the federal funds rate, the central bank's key interest rate target, to 1.75% to 2.00%. "At this point, we have completed the bulk of the work of post-crisis regulation", Quarles said. Private analysts have boosted their outlook to 2.6 percent, according to the median forecast in a Bloomberg News survey. The pickup in yields has begun to make bonds more attractive as an alternative to stocks, which makes some investors uneasy. (more...)
CBI arrests Vipul Ambani, Mukesh Ambani's cousin, in connection with PNB scam
- February 22, 2018
The agency also started searches late this evening at group offices of Nirav Modi at Peninsula Business Park in lower Parel, Mumbai . The action came two days after the Special CBI Court in Mumbai remanded to police custody till 3 March, three accused in the PNB fraud, including two former staffers. (more...)
- February 22, 2018
The agency also started searches late this evening at group offices of Nirav Modi at Peninsula Business Park in lower Parel, Mumbai . The action came two days after the Special CBI Court in Mumbai remanded to police custody till 3 March, three accused in the PNB fraud, including two former staffers. (more...)
Making the ultimate margarita on National Margarita Day
- February 22, 2018
It may be a work day, but that makes it the ideal excuse to get out in time for Happy Hour and start slugging back some margs - responsibly of course. but nowadays you can get a margarita in just about any flavor you can dream up, from pomegranate to "melted popsicle". On the Border: Classic margaritas are $2 each all day on Thursday at On the Border . (more...)
- February 22, 2018
It may be a work day, but that makes it the ideal excuse to get out in time for Happy Hour and start slugging back some margs - responsibly of course. but nowadays you can get a margarita in just about any flavor you can dream up, from pomegranate to "melted popsicle". On the Border: Classic margaritas are $2 each all day on Thursday at On the Border . (more...)
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Stocks rise on jobs data; S&P 500 ends week with solid gain