Markets
IndiGo, GoAir cancel over 120 flights in 48 hours, airfares skyrocket
- March 15, 2018
With cancellation of flights operated by IndiGo and GoAir , the aviation sector in the country was severely affected and the air passengers are likely to face more disruptions in the coming weeks. IndiGo , that operates close to 1,000 flights a day has had to cancel 47, while GoAir cancelled 18 of its 140 daily flights. Of these, IndiGo has 33 and GoAir 12 planes. (more...)
- March 15, 2018
With cancellation of flights operated by IndiGo and GoAir , the aviation sector in the country was severely affected and the air passengers are likely to face more disruptions in the coming weeks. IndiGo , that operates close to 1,000 flights a day has had to cancel 47, while GoAir cancelled 18 of its 140 daily flights. Of these, IndiGo has 33 and GoAir 12 planes. (more...)
How major U.S. stock indexes fared Monday
- March 15, 2018
Safe-play stocks like phone and real estate companies were among the biggest gainers. Oclaro ( OCLR.O ) jumped 27.5 percent after laser and optical fibre specialist Lumentum Holdings ( LITE.O ) said it would buy the optical components producer for $1.7 billion. (more...)
- March 15, 2018
Safe-play stocks like phone and real estate companies were among the biggest gainers. Oclaro ( OCLR.O ) jumped 27.5 percent after laser and optical fibre specialist Lumentum Holdings ( LITE.O ) said it would buy the optical components producer for $1.7 billion. (more...)
Broadcom drops Qualcomm takeover attempt following Trump order
- March 15, 2018
Although we are disappointed with this outcome, Broadcom will comply with the Order. Mr. Trump pre-emptively blocked the purchase on Monday, citing national security concerns . The US president argued that the operation, which could have been the largest in the technology sector, "threatened to harm US national security". Broadcom's attempted takeover came as companies around the world are gearing up to build ultra-fast "5G" mobile networks that could tip the balance of power in technology. (more...)
- March 15, 2018
Although we are disappointed with this outcome, Broadcom will comply with the Order. Mr. Trump pre-emptively blocked the purchase on Monday, citing national security concerns . The US president argued that the operation, which could have been the largest in the technology sector, "threatened to harm US national security". Broadcom's attempted takeover came as companies around the world are gearing up to build ultra-fast "5G" mobile networks that could tip the balance of power in technology. (more...)
Former Equifax executive charged with insider trading
- March 15, 2018
Ying's August sale of Equifax shares, we launched a review of his trading activity, concluded he violated our company's trading policies, separated him from the company and reported our findings to government authorities", Equifax said in an emailed statement . (more...)
- March 15, 2018
Ying's August sale of Equifax shares, we launched a review of his trading activity, concluded he violated our company's trading policies, separated him from the company and reported our findings to government authorities", Equifax said in an emailed statement . (more...)
Disney Creates New Business Unit Focused On OTT Offerings
- March 15, 2018
Walt Disney said that Kevin Mayer is named as chairman of Direct-to-Consumer and global segment. The unit will be made up of Disney's overseas media businesses; global advertising sales for ESPN, ABC and other channels; syndicated television sales; and - most importantly - a portfolio of subscription streaming services. (more...)
- March 15, 2018
Walt Disney said that Kevin Mayer is named as chairman of Direct-to-Consumer and global segment. The unit will be made up of Disney's overseas media businesses; global advertising sales for ESPN, ABC and other channels; syndicated television sales; and - most importantly - a portfolio of subscription streaming services. (more...)
Bangladesh aiming to build their own brand of T20, says skipper
- March 15, 2018
It's arguable that India's bowlers have more quality than Sri Lanka's and that's exactly where India stifled Bangladesh in their previous encounter. India have also made one change, Mohammad Siraj replacing Jaydev Unadkat . Having suffered an unexpected defeat against Sri Lanka in their tournament-opener, it is highly unlikely that India will experiment against a resurgent Bangladesh in their final league stage match. (more...)
- March 15, 2018
It's arguable that India's bowlers have more quality than Sri Lanka's and that's exactly where India stifled Bangladesh in their previous encounter. India have also made one change, Mohammad Siraj replacing Jaydev Unadkat . Having suffered an unexpected defeat against Sri Lanka in their tournament-opener, it is highly unlikely that India will experiment against a resurgent Bangladesh in their final league stage match. (more...)
BC dropped from North America bid for World Cup soccer
- March 15, 2018
With formal bids to be presented to world football's governing body Fifa on Friday, it appears Vancouver's hopes of being part of the World Cup are over despite Beare's willingness to continue negotiations. "We're still in contact with the bid committee", she said. "We're looking at possible stadium upgrade costs, the turf field that has to be in place". (more...)
- March 15, 2018
With formal bids to be presented to world football's governing body Fifa on Friday, it appears Vancouver's hopes of being part of the World Cup are over despite Beare's willingness to continue negotiations. "We're still in contact with the bid committee", she said. "We're looking at possible stadium upgrade costs, the turf field that has to be in place". (more...)
United sends family's dog to Japan by mistake
- March 15, 2018
When the plane landed, the dog had died. So insane, right? "I just want to know where my dog is". Airline officials in Japan said they have put Irgo on a flight back to Kansas City but it is unclear when the dog will arrive. "At this point, all I can do is be hopeful that my dog is going to be okay and return safely". Swindle says, now, she just hopes that Irgo is okay, wherever he is. (more...)
- March 15, 2018
When the plane landed, the dog had died. So insane, right? "I just want to know where my dog is". Airline officials in Japan said they have put Irgo on a flight back to Kansas City but it is unclear when the dog will arrive. "At this point, all I can do is be hopeful that my dog is going to be okay and return safely". Swindle says, now, she just hopes that Irgo is okay, wherever he is. (more...)
Bills Move Up in First Round by Trading Cordy Glenn to Bengals
- March 15, 2018
This move certainly looks as if the Bills are looking to draft their franchise quarterback after trading Tyrod Taylor to Cleveland for a third-round pick. The team is now on the hook for the remainder of the five-year, $65 million extension Glenn signed with the Bills in 2016. With Dawkins productivity this year and with him having the much cheaper contract, Glenn was more than likely on his way out. (more...)
- March 15, 2018
This move certainly looks as if the Bills are looking to draft their franchise quarterback after trading Tyrod Taylor to Cleveland for a third-round pick. The team is now on the hook for the remainder of the five-year, $65 million extension Glenn signed with the Bills in 2016. With Dawkins productivity this year and with him having the much cheaper contract, Glenn was more than likely on his way out. (more...)
US House passes school safety bill
- March 15, 2018
Though the bill passed with bipartisan support, House Democrats on Wednesday complained that lawmakers are not doing enough to stop gun violence. The bill represents the first major vote on school safety since the February shooting in Parkland, but it was not originally a reaction to the massacre. (more...)
- March 15, 2018
Though the bill passed with bipartisan support, House Democrats on Wednesday complained that lawmakers are not doing enough to stop gun violence. The bill represents the first major vote on school safety since the February shooting in Parkland, but it was not originally a reaction to the massacre. (more...)
Prudential announces split of global businesses
- March 15, 2018
In preparation for the United Kingdom demerger process, and to align the ownership of the company's businesses with their operating structures, Prudential plc intends to transfer the legal ownership of its Hong Kong insurance subsidiaries from The Prudential Assurance Company Limited to Prudential Corporation Asia Limited, which is expected to complete by the end of 2019. (more...)
- March 15, 2018
In preparation for the United Kingdom demerger process, and to align the ownership of the company's businesses with their operating structures, Prudential plc intends to transfer the legal ownership of its Hong Kong insurance subsidiaries from The Prudential Assurance Company Limited to Prudential Corporation Asia Limited, which is expected to complete by the end of 2019. (more...)
Coca (KO) Stake Held by Avalon Advisors Llc
- March 14, 2018
Therefore 67% are positive. Coca-Cola FEMSA had 18 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Underperform" rating given on Tuesday, March 29 by Credit Suisse. Following the completion of the transaction, the insider now owns 24,673 shares of the company's stock, valued at approximately $1,183,070.35. Zacks Investment Research upgraded Coca-Cola FEMSA from a "sell" rating to a "hold" rating in a research note on Friday, March 9th. (more...)
- March 14, 2018
Therefore 67% are positive. Coca-Cola FEMSA had 18 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Underperform" rating given on Tuesday, March 29 by Credit Suisse. Following the completion of the transaction, the insider now owns 24,673 shares of the company's stock, valued at approximately $1,183,070.35. Zacks Investment Research upgraded Coca-Cola FEMSA from a "sell" rating to a "hold" rating in a research note on Friday, March 9th. (more...)
Trump eyes ex-Microsoft staffer as top economic aide
- March 14, 2018
Liddell is now the White House's director of strategic initiatives and is said to be a key ally of Jared Kushner in an administration rife with internal feuds. But Knight was uninterested, officials said. He had been a senior official at Goldman Sachs, a leading investment bank. "He's one of the best economic voices out there for free-enterprise economics". (more...)
- March 14, 2018
Liddell is now the White House's director of strategic initiatives and is said to be a key ally of Jared Kushner in an administration rife with internal feuds. But Knight was uninterested, officials said. He had been a senior official at Goldman Sachs, a leading investment bank. "He's one of the best economic voices out there for free-enterprise economics". (more...)
All Toys R Us stores to close their doors
- March 14, 2018
All Toys R Us stores in the United Kingdom will close in the next six weeks following the chain's collapse into administration. Simon Thomas, joint administrator and partner at Moorfields, said: "We have made every effort to secure a buyer for all or part of the company's business". (more...)
- March 14, 2018
All Toys R Us stores in the United Kingdom will close in the next six weeks following the chain's collapse into administration. Simon Thomas, joint administrator and partner at Moorfields, said: "We have made every effort to secure a buyer for all or part of the company's business". (more...)
Kiwi skier Adam Hall wins bronze medal at Paralympics
- March 14, 2018
McKeever finished the race with a time of 46 minutes and 2.4 seconds. A gold-medal victor in the downhill on Day 1, Marcoux and Leitch entered the second giant slalom run of the day in fourth place but skied fast enough to move up to third. (more...)
- March 14, 2018
McKeever finished the race with a time of 46 minutes and 2.4 seconds. A gold-medal victor in the downhill on Day 1, Marcoux and Leitch entered the second giant slalom run of the day in fourth place but skied fast enough to move up to third. (more...)
Toys R Us to announce closure of stores nationwide, according to report
- March 14, 2018
Nothing is finalized regarding the liquidation just yet, but it seems like a dire enough situation that you may want to take a nostalgic stroll with your kids through the Toys "R" Us stores of your childhood before they're all gone. Vehicle seats and strollers are marked down by around 20 percent, while toys are marked down as much as 50 percent. The company also operates a Toys R Us and Babies R Us store across from Colonie Center and a Toys R Us store in Clifton Park that were not included ... (more...)
- March 14, 2018
Nothing is finalized regarding the liquidation just yet, but it seems like a dire enough situation that you may want to take a nostalgic stroll with your kids through the Toys "R" Us stores of your childhood before they're all gone. Vehicle seats and strollers are marked down by around 20 percent, while toys are marked down as much as 50 percent. The company also operates a Toys R Us and Babies R Us store across from Colonie Center and a Toys R Us store in Clifton Park that were not included ... (more...)
Aamir Khan makes Instagram debut on birthday, posts photograph of mother
- March 14, 2018
Within 12 hours of his profile creation, Aamir got as many as 244 thousand followers that also included his Dangal co-star Sanya Malhotra and Bollywood actress Dia Mirza. The 3 Idiots actor, who now enjoys a massive social media following through Facebook and Twitter, may have chose to join the photo-sharing app for his fans in China, Turkey, Taiwan and Russian Federation, reported a leading news agency. (more...)
- March 14, 2018
Within 12 hours of his profile creation, Aamir got as many as 244 thousand followers that also included his Dangal co-star Sanya Malhotra and Bollywood actress Dia Mirza. The 3 Idiots actor, who now enjoys a massive social media following through Facebook and Twitter, may have chose to join the photo-sharing app for his fans in China, Turkey, Taiwan and Russian Federation, reported a leading news agency. (more...)
RBI stops use of LoUs for trade credit for imports
- March 14, 2018
LOUs and LOCs are by far the two main instruments issued by banks to domestic importers to enable them to receive foreign exchange from Banks at cheaper rates. Banks have been increasingly finding it hard to trace persons who dupe them and flee the country. PNB has said it will honour only "bona fide" commitments, arguing other banks that lent to the jeweller groups shared in the blame by not carrying out adequate checks. (more...)
- March 14, 2018
LOUs and LOCs are by far the two main instruments issued by banks to domestic importers to enable them to receive foreign exchange from Banks at cheaper rates. Banks have been increasingly finding it hard to trace persons who dupe them and flee the country. PNB has said it will honour only "bona fide" commitments, arguing other banks that lent to the jeweller groups shared in the blame by not carrying out adequate checks. (more...)
Kejriwal's advisor, questioned in Chief Secretary's assault case, resigns
- March 14, 2018
Hitting out at the BJP, the deputy chief minister said it was unfortunate that the saffron party's representatives did not attend the all-party meeting called to find a solution to the sealing issue which has caused problems to the city's traders. (more...)
- March 14, 2018
Hitting out at the BJP, the deputy chief minister said it was unfortunate that the saffron party's representatives did not attend the all-party meeting called to find a solution to the sealing issue which has caused problems to the city's traders. (more...)
QTS Realty Trust (QTS) Cut to "Neutral" at Guggenheim
- March 14, 2018
V3 Capital Management Lp bought 62,450 shares as the company's stock declined 14.33% while stock markets rallied. The institutional investor held 20,749 shares of the medical and dental instruments company at the end of 2017Q3, valued at $1.30M, up from 9,900 at the end of the previous reported quarter. (more...)
- March 14, 2018
V3 Capital Management Lp bought 62,450 shares as the company's stock declined 14.33% while stock markets rallied. The institutional investor held 20,749 shares of the medical and dental instruments company at the end of 2017Q3, valued at $1.30M, up from 9,900 at the end of the previous reported quarter. (more...)
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