Markets


State Bank of India to issue fresh debit cards within 10 days
- October 29, 2016

Details of more than 3.2 million cash cards of customers of top Indian banks have reportedly been stolen in what could be one of the biggest financial data breaches in the country. NPCI managing director A P Hota said, "We have received complaints from banks about debit cards being used in China which aroused suspicion". I do not think it is necessary for any bank to reissue cards. (more...)
UK tribunal says Uber drivers should get vacation pay
- October 29, 2016

Uber has always maintained that its drivers are independent contractors, and it is just a tech platform connecting riders and drivers - so the ruling could have huge implications for it and its 40,000-strong United Kingdom driver fleet. The class action suits were brought in California and MA and involved roughly 385,000 drivers. A US$100 million settlement in a United States lawsuit with 385,000 current and former drivers in California and MA was rejected by a federal judge. (more...)
Revenue Update on General Motors Company(NYSE:GM)
- October 29, 2016

General Motors Company makes up approximately 2.04% of Gilman Hill Asset Management's portfolio. Finally, Commerzbank Aktiengesellschaft FI boosted its position in General Motors by 31.9% in the second quarter. Consensus estimates for each quarter is released, and it is also released on annual basis. Sell-side firms are looking for the firm to post EPS of $1.2 for the quarter ending on 2016-12-31. (more...)
DeMarcus Cousins says he sees 'flashes of Kobe' in Kawhi Leonard
- October 29, 2016

Isaiah Thomas led Boston with 25 points. Howard grabbed 19 rebounds to go along with 11 points, just what Atlanta expected from its new center, and it certainly wasn't unusual for three-time All-Star Millsap to lead the way in scoring. 27, 2016. Cousins led the Kings with 37 points and 16 rebounds despite being constantly mentioned in trade rumors that include sending him on 3-team trades to the Indiana Pacers and Chicago Bulls. (more...)
Hindus around the world celebrate Diwali this weekend
- October 29, 2016

Dashehra Diwali Mela, Albert Square How is Diwali celebrated? It celebrates the safe release of Guru Hargobind - who was the sixth guru, or leader, of Sikhism - from imprisonment under the Mughals in 17th century India. "I really enjoyed my role as the Festival Ambassador", she said. Wish u and your family a sparkling Diwali . This year the festival was more traditional and had more of a personal touch according to Rashi. (more...)
Moody Lynn Lieberson adds Amgen (AMGN) to its portfolio Moody Lynn Lieberson adds Amgen (AMGN) to its portfolio
- October 29, 2016

Amgen's dividend payout ratio (DPR) is now 40.90%. Amgen's quarterly revenue was up 1.5% on a year-over-year basis. Analyst's Analysis on Amgen Inc . Goldman Sachs reiterated a Buy rating with a $206 price target. Empirical Financial Services LLC now owns 3,292 shares of the medical research company's stock valued at $501,000 after buying an additional 225 shares in the last quarter. (more...)
NATO seeks to manage Russia's new military deployments
- October 29, 2016

That strategy holds that a military power can best contain and control conflicts if it is dominant at each step in an escalation with an adversary, potentially all the way to the biggest threat, nuclear weapons. Hillary Clinton's policies on Syria and Russia could lead to World War III, Republican presidential candidate Donald Trump has said as he criticised his Democratic rival for being too tough on Russian President Vladimir Putin . (more...)
Mount Vernon Associates Inc Md Lowers stake in Honeywell International (HON)
- October 29, 2016

Cummins Inc. (NYSE:CMI) now has mean rating of 3.00 while 0 analysts have commented the shares as "BUY", 0 recommended as "OUTPERFORM" and 0 commented as "HOLD". The shares were sold at an average price of $116.29, for a total transaction of $69,774.00. The shares were sold at an average price of $116.15, for a total value of $62,082,755.75. (more...)
Face Powder Market (World & China) Trends, Growth & Development
- October 29, 2016

Our experts from the Global and Chinese Face Powder industry have studied different market situations from past and present to deliver this reliable and factual data to the readers including of demand/supply scenario, logistic system, price, production, application of items in the market. (more...)
'Obamacare' users to see an average 13.6 percent rate increase next year
- October 29, 2016

By not expanding Medicaid under the Affordable Care Act , Texas GOP lawmakers have forfeited federal matching funds and left millions uncovered who should be covered. Kaiser found that losses in the market caused by higher premiums and deductibles are leaving some insurers - like UnitedHealth and Aetna - to pull out of the either ACA marketplace or individual markets altogether. (more...)
Boeing Sees E-Commerce, Express Services Driving Air Cargo Traffic Boeing Sees E-Commerce, Express Services Driving Air Cargo Traffic
- October 29, 2016

The Atlanta company expects to handle more than 700 million packages globally between Thanksgiving and New Year's Eve, up 14% from last year's holiday season. The last KLM Boeing 747 touched down in St. Maarten at 11:03 a.m. ET Friday. It will use older 747s and other planes now flown on those routes to replace smaller planes on other routes, adding capacity. (more...)
Sirius XM Holdings Inc. (SIRI) Posts Earnings Results, Hits Estimates
- October 29, 2016

Investors of record on Wednesday, November 9th will be given a dividend of $0.01 per share. The company also announced that the Board of Directors intends to institute a quarterly dividend on its common stock in an aggregate annual amount of $0.04 per share. (more...)
Mosul Today: UN says IS using thousands as human shields
- October 29, 2016

This would create great danger during the assault. The U.S. -led coalition against ISIS has advisers on the ground and is providing air support to the Iraqi forces, but is not participating in combat. "Many of those who refused to comply were shot on the spot, and even among those who did comply, many of them - including 190 former ISF officers and 42 other civilians - were shot dead", Shamdasani added. (more...)
Swiss bank UBS in Hong Kong investigation for IPO work Swiss bank UBS in Hong Kong investigation for IPO work
- October 29, 2016

Revenue fell to 7.03 billion francs ($7.08 billion), a drop of 2%, while the cost-to-income ratio was at 88%, down from 89%. Managed accounts represented 34.8% of the unit's more than $1.1 trillion of invested assets, Kirt Gardner, UBS Group's CFO, said on the call. (more...)
Oracle Corporation (NYSE:ORCL): Price Reaction History Oracle Corporation (NYSE:ORCL): Price Reaction History
- October 29, 2016

L P now owns 22,106,113 shares of the enterprise software provider's stock valued at $904,361,000 after buying an additional 2,888,674 shares during the last quarter. It has twelve month low of $33.13 and twelve month high of $42.00. The current PEG for Oracle Corporation NYSE: ORCL is valued at 2.31 with a P/S value of 4.25. (more...)
Yields advance to five-month highs, track German, UK bonds Yields advance to five-month highs, track German, UK bonds
- October 29, 2016

South Korea's Kospi shed 0.1 per cent and Australian stocks fell 0.4 per cent. Japan's Nikkei gained 0.5 per cent on a weaker yen. The dollar added 0.1 percent to 104.61 yen, moving back toward this week's high of 104.87 yen touched on Tuesday, its highest level since late July. (more...)
Schwarbummed: Cubs slugger ruled out for starts in Games 3, 4, 5 Schwarbummed: Cubs slugger ruled out for starts in Games 3, 4, 5
- October 29, 2016

But he reiterated his faith in an offense that posted all but two of its 103 regular-season victories without Schwarber after he tore two ligaments in his left knee. "I'm just going to keep riding the wave until it ends". "Just make sure you stay smart with it.' There's nothing about watching him that tells me that he's inhibited right now". (more...)
Amazon stock tanks after disappointing profit Amazon stock tanks after disappointing profit
- October 29, 2016

Shares of Amazon closed Thursday at $818.36, with a consensus analyst price target of $920.02 and a 52-week trading range of $474.00 to $847.21. On the books, Amazon's cash and cash equivalents totaled $12.52 billion at the end of the quarter, up from $10.27 billion in the same period from a year ago. (more...)
Exxon tops 3Q profit forecasts Exxon tops 3Q profit forecasts
- October 28, 2016

The investment firm sold 2,386 shares of XOM which is valued $206,914.Tufton Capital Management reduced its stake in XOM by selling 2,105 shares or 1.5% in the most recent quarter. Brent crude, the global benchmark, averaged $46.99 a barrel during the July-to-September period, down 8.4 percent from a year earlier amid a worldwide supply glut. (more...)
Chevron Corp. Profit Retreats 37% In Q3 Chevron Corp. Profit Retreats 37% In Q3
- October 28, 2016

Intel Corp. had a net margin of 17.90% and a return on equity of 20.75%. As earnings for a year ago period came in at $1.09 a share, Chevron is expected to report 64.22% YoY earnings decline if the company meets consensus on the bottom line. (more...)