Markets


As Diesel Scandal Fades, VW Is Planning to Replace Its CEO As Diesel Scandal Fades, VW Is Planning to Replace Its CEO
- April 11, 2018

The company, which has generated profits despite the fallout from a global diesel emissions scandal, initially gave no further information about the potential overhaul. The management upheaval contrasts with a strong operating performance at the carmaker which a year ago posted record auto sales and profit. Volkswagen, which employes over 640,000 people, has turned aggressively to electric cars under Mueller's leadership. (more...)
Stocks rise, but large gains fade Stocks rise, but large gains fade
- April 11, 2018

USA stocks will face a major test in coming weeks as first-quarter earnings pour in. Stocks climbed after Trump's new economic adviser Larry Kudlow told CNBC that the president may be open to forming an global coalition to grapple with trade issues involving China. (more...)
National Library Week Leads the Way to Transformation National Library Week Leads the Way to Transformation
- April 11, 2018

We also have some interesting new non-fiction titles such as "When: The Scientific Secrets of Perfect Timing" by Daniel H. Pink - an interesting read, if you like that kind of thing. This year will mark the 60th anniversary of the National Library Week. "It's been a goal for many years", said Cooper. On Monday, April 23 from 2-4 p.m. (more...)
Stock Update on Shares of BHP Billiton Limited (NYSE:BHP) Stock Update on Shares of BHP Billiton Limited (NYSE:BHP)
- April 10, 2018

The Ford Motor Company exchanged hands with 31557058 shares compared to its average daily volume of 51.72M shares. Allscripts Healthcare Solutions, Inc. According to a filing Polaris Capital Management Llc reduced its stake in United Financial Bancorp Inc (NYSE:TSN) by 588,552 shares to 19,348 shares, valued at $341,000 in 2017Q4. (more...)
Ben & Jerry's 'Free Cone Day' is Tuesday, April 10 Ben & Jerry's 'Free Cone Day' is Tuesday, April 10
- April 10, 2018

Main Street. It's been 40 years since the Original Ben and Jerry first held " Free Cone Day " in their scoop shop in Vermont. Customers can get either a cup or a cone. Which flavours are available on Free Cone Day? Ben & Jerry's averaged 220 scoops per minute last year and they hope to beat that this year by handing out over 110,000 scoops! Ben & Jerry's first started celebrating Free Cone Day almost 40 years ago since the company first did so in Burlington, Vermont in 1979 to ... (more...)
USA to approve Bayer-Monsanto deal, report says USA to approve Bayer-Monsanto deal, report says
- April 10, 2018

A speech by Chinese President Xi Jinping calmed investor jitters over an escalating US-China trade row, helping send the pan-European STOXX 600 benchmark up 0.7 per cent by 0716 GMT. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. The stock of Monsanto Company (NYSE:MON) has "Overweight" rating given on Thursday, August 27 by Morgan Stanley. (more...)
IndiGo Airlines Accused of Booting Passenger for Complaining about Mosquitoes IndiGo Airlines Accused of Booting Passenger for Complaining about Mosquitoes
- April 10, 2018

This time, the airline has allegedly deplaned a flyer from its flight no. 6E 541 at Lucknow Airport and did not even allow him to use any bus or vehicle service to reach the airport lounge. The IndiGo staff is then said to have gotten annoyed and retorted: "Don't teach us our job". Dr Rai told this Correspondent over the phone from Bangalore, "I never used the word hijack". (more...)
Delhi airport climbs to the top to be the world's busiest airport Delhi airport climbs to the top to be the world's busiest airport
- April 10, 2018

Singapore airports fell from 17th to 18th place in the rankings for the busiest airports in the world, the Airports Council International (ACI) revealed. "Connecting people, business and places still remains paramount to the aviation sector despite the recent threats of a step backwards in market liberalisation in some major economies". (more...)
China trade: Xi warns against 'Cold War mentality' China trade: Xi warns against 'Cold War mentality'
- April 10, 2018

Volvo and General Motors both make cars in China and export them to the U.S. "We don't know if they are murderers, if they're killers, if they're MS-13". China has made clear that it would not engage in trade talks with the United States or make concessions under the shadow of USA sanctions. "President Xi spoke in terms of China's own need and commitment for market reform and liberalization, but no doubt he was also sending a signal to the USA government that he wants there to be ... (more...)
Discovery, Inc. (DISCK) : Analysts Watch-List Stock
- April 10, 2018

Ejf Capital Llc who had been investing in Keycorp New for a number of months, seems to be bullish on the $20.09B market cap company. The stock decreased 3.16% or $1.59 during the last trading session, reaching $48.79. Consequently Discovery Comm A (NASDAQ:DISCA)'s weekly and monthly volatility is 2.98%, 3.08% respectively. Among 44 analysts covering Nvidia Corporation ( NASDAQ:NVDA ), 25 have Buy rating, 3 Sell and 16 Hold. (more...)
Axis Bank Chief Shikha Sharma to step down in December Axis Bank Chief Shikha Sharma to step down in December
- April 10, 2018

The announcement says, "Shikha Sharma, Managing Director & CEO of the Bank has requested the Board to reconsider the period of her re-appointment as the Managing Director & CEO of the Bank to be revised from 1st June 2018 up to 31 st December 2018.The Board has accepted her said request, subject to the approval of the RBI ". (more...)
Russian tycoon hit by USA sanctions Russian tycoon hit by USA sanctions
- April 10, 2018

In a sea of red for Russian stocks Evraz, the FTSE 100 mining group part-owned by Roman Abramovich, fell 14 per cent and Polymetal, the FTSE 250 miner, closed down 18 per cent. Rusal produces nearly 6 per cent of the world's aluminium. By making it virtually impossible for Deripaska's businesses to trade in United States dollars, the measures threaten the empire of one of Putin's closest allies. (more...)
No shift in IPL match from Chennai, says Rajeev Shukla No shift in IPL match from Chennai, says Rajeev Shukla
- April 10, 2018

Though Monday saw more organisations and film personalities come out in support of "ban IPL " campaign, the BCCI made it clear that Tuesday's match will be held at the M A Chidambaram Stadium as planned even as CSK managers unequivocally rejected the demand for players to sport black badges. (more...)
Ford Recalls Almost 350000 Vehicles Because They Could Roll Away Ford Recalls Almost 350000 Vehicles Because They Could Roll Away
- April 09, 2018

The affected vehicles are 2018 models of the Ford F-150 and Ford Expedition vehicles with 10-speed automatic transmission as well as Ford F-650 and Ford F-750 vehicles with 6-speed automatic transmissions. Ford says it knows of one crash and one injury due to the problem. Dealers will inspect recalled vehicles free of charge to make sure cable locking clips are properly installed and secure. (more...)
Q4 Sentiment Amazon Com Inc (NASDAQ:AMZN) Q4 Sentiment Amazon Com Inc (NASDAQ:AMZN)
- April 09, 2018

It has outperformed by 65.23% the S&P500. (GPI) by 1.14% based on its latest 2017Q4 regulatory filing with the SEC. Stillwater Capital Advisors Llc sold 72,036 shares as the company's stock declined 23.20% with the market. Moreover, Rafferty Asset Mgmt Llc has 0% invested in Group 1 Automotive, Inc. Acadian Asset Ltd Limited Liability Company invested 0% in Hyatt Hotels Corporation (NYSE:H). (more...)
Wal Mart Stores Inc (NYSE:WMT): Stock Sentiment Wal Mart Stores Inc (NYSE:WMT): Stock Sentiment
- April 09, 2018

Lenox Wealth Advisors Inc. now owns 1,071 shares of the retailer's stock valued at $106,000 after acquiring an additional 1,063 shares during the last quarter. Qs Invsts Limited Company holds 0.31% or 337,602 shares in its portfolio. First Manhattan invested 0.06% in Walmart Inc. (NYSE:WMT) for 43,323 shares. (more...)
Exxon Mobil Corp (NYSE:XOM): Institutional Investors Are Worried
- April 09, 2018

Farmers National Bank who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $694.75 billion market cap company. The share price was last seen 1.01% higher, reaching at $14.02 on May. Decatur Cap Mngmt Incorporated holds 1.87% of its portfolio in Amgen Inc. Flossbach Von Storch Ag has 164,140 shares for 0.13% of their portfolio. Foster Motley has invested 1% in Exxon Mobil Corporation (NYSE: XOM ). (more...)
Facebook backs U.S. regulation of internet political ads Facebook backs U.S. regulation of internet political ads
- April 09, 2018

In an interview on Thursday with Bloomberg television where she apologized for the handling of the data issue, Sandberg said "a few advertisers" had paused their spending. Chief Executive Officer Mark Zuckerberg , who will testify at US congressional hearing next week, has changed tack by communicating directly with the press in interviews, and a group conference call late on Wednesday. (more...)
Bollywood hero Khan forced to spend extra day in jail Bollywood hero Khan forced to spend extra day in jail
- April 09, 2018

Arguments were over in the morning but Judge Joshi reserved the order for post-lunch. "Basically the eyewitness is not reliable... the trial court has convicted Salman on the basis of basically just one eyewitness", Mahesh Bora, a lawyer for Khan, told reporters in Jodhpur . (more...)
Christian Sewing to become new CEO of Deutsche Bank - Spiegel Christian Sewing to become new CEO of Deutsche Bank - Spiegel
- April 09, 2018

A round of leadership staffing decisions are expected to be made for the German bank in a supervisory board conference call on Sunday. Sewing, who has spent his entire career at Deutsche Bank , is now Yorkshireman Cryan's co-deputy, along with fellow German Marcus Schenck. (more...)

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