Markets
Millions scramble after India scrapped its largest banknotes
- November 09, 2016
The step is taken primarily to tackle the issue of black money floating in the country. The sudden decision took people by surprise. The government will replace the old notes with new ones (Rs 500, Rs 2,000) from November 10, 2016. Among those to criticise the move was West Bengal Chief Minister Mamata Banerjee. Later in January 1978, the Morarji Desai-government has demonetized 5,000 and 10,000 rupee notes. (more...)
- November 09, 2016
The step is taken primarily to tackle the issue of black money floating in the country. The sudden decision took people by surprise. The government will replace the old notes with new ones (Rs 500, Rs 2,000) from November 10, 2016. Among those to criticise the move was West Bengal Chief Minister Mamata Banerjee. Later in January 1978, the Morarji Desai-government has demonetized 5,000 and 10,000 rupee notes. (more...)
Analysts Set Hilton Worldwide Holdings Inc. (HLT) PT at $25.88
- November 09, 2016
Finally, Trexquant Investment LP bought a new stake in shares of Hilton Worldwide Holdings during the second quarter worth $225,000. Hilton Worldwide Holdings has a one year low of $16.16 and a one year high of $25.90. Hilton Worldwide Holdings Inc .is a hospitality company. These analysts have also projected a Low Estimate of $0.2/share and a High Estimate of $0.25/share. (more...)
- November 09, 2016
Finally, Trexquant Investment LP bought a new stake in shares of Hilton Worldwide Holdings during the second quarter worth $225,000. Hilton Worldwide Holdings has a one year low of $16.16 and a one year high of $25.90. Hilton Worldwide Holdings Inc .is a hospitality company. These analysts have also projected a Low Estimate of $0.2/share and a High Estimate of $0.25/share. (more...)
Kinder Morgan Inc (NYSE:KMI) Stock Technicals Hit Weakness
- November 09, 2016
CI Global Investments Inc. acquired a new stake in Kinder Morgan during the second quarter worth approximately $103,965,000. The 52-Week High range of the stock is $25.48, while the 52-week low range is $11.2. Another firm also rated the stock on 20-Oct-16 where Stifel Upgrade the stock to Buy. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. (more...)
- November 09, 2016
CI Global Investments Inc. acquired a new stake in Kinder Morgan during the second quarter worth approximately $103,965,000. The 52-Week High range of the stock is $25.48, while the 52-week low range is $11.2. Another firm also rated the stock on 20-Oct-16 where Stifel Upgrade the stock to Buy. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. (more...)
SBI working to make Rs 100 notes available at branches, ATMs
- November 09, 2016
Public are advised to present a valid proof of identity for availing this exchange facility. Rs 1,000 currency notes comprise 37 per cent and Rs 500 currency notes add up to 47 per cent of total value of notes and coins in circulation. So, if you earn Rs 50,000 a month and go to the bank to deposit Rs 5 lakh, the I-T department is bound to ask you questions. A GOI notification stated that the new series of bank notes of Rs 500 and Rs 2,000 denominations will be introduced for circulation ... (more...)
- November 09, 2016
Public are advised to present a valid proof of identity for availing this exchange facility. Rs 1,000 currency notes comprise 37 per cent and Rs 500 currency notes add up to 47 per cent of total value of notes and coins in circulation. So, if you earn Rs 50,000 a month and go to the bank to deposit Rs 5 lakh, the I-T department is bound to ask you questions. A GOI notification stated that the new series of bank notes of Rs 500 and Rs 2,000 denominations will be introduced for circulation ... (more...)
Advanced Micro Devices, Inc. (NASDAQ:AMD) stock is worth $6.9
- November 09, 2016
A SVP, CFO & Treasurer in the company, Kumar Devinder, on Friday November 04, 2016 collected $2,068,540 from the sale of 312,469 shares at a per-share price of $6.61. Strs Ohio boosted its stake in Advanced Micro Devices by 429.6% in the second quarter. The semiconductor manufacturer reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. (more...)
- November 09, 2016
A SVP, CFO & Treasurer in the company, Kumar Devinder, on Friday November 04, 2016 collected $2,068,540 from the sale of 312,469 shares at a per-share price of $6.61. Strs Ohio boosted its stake in Advanced Micro Devices by 429.6% in the second quarter. The semiconductor manufacturer reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. (more...)
Chesapeake Energy Corporation's (CHK)
- November 09, 2016
They set an "underperform" rating and a $5.00 price objective for the company. Several equities research analysts have commented on CHK shares. Company shares were Upgraded by RBC Capital Mkts on Oct 25, 2016 to " Sector Perform", Firm has raised the Price Target to $ 8 from a previous price target of $7. (more...)
- November 09, 2016
They set an "underperform" rating and a $5.00 price objective for the company. Several equities research analysts have commented on CHK shares. Company shares were Upgraded by RBC Capital Mkts on Oct 25, 2016 to " Sector Perform", Firm has raised the Price Target to $ 8 from a previous price target of $7. (more...)
European Union cuts euro zone, United Kingdom growth forecasts citing political uncertainty
- November 09, 2016
In its latest economic forecasts, the European Commission cut its 2017 growth forecast for the Eurozone to 1.5% from 1.8% previously. In a recent letter to the Commission, Rome said the deficit would be higher because of lower than expected economic growth. (more...)
- November 09, 2016
In its latest economic forecasts, the European Commission cut its 2017 growth forecast for the Eurozone to 1.5% from 1.8% previously. In a recent letter to the Commission, Rome said the deficit would be higher because of lower than expected economic growth. (more...)
Huma May Face New Headaches in Weiner Email Probe
- November 09, 2016
The FBI waited to get a new warrant to review the emails, which was granted on Sunday. However, Obama did not shy away from venting his frustration. When asked about the timing of James Comey's announcement, the President said that even though he wants to avoid the appearance of himself becoming involved in the political process, "there is a norm that when we are investigating, we don't operate on innuendo". (more...)
- November 09, 2016
The FBI waited to get a new warrant to review the emails, which was granted on Sunday. However, Obama did not shy away from venting his frustration. When asked about the timing of James Comey's announcement, the President said that even though he wants to avoid the appearance of himself becoming involved in the political process, "there is a norm that when we are investigating, we don't operate on innuendo". (more...)
Marathon Petroleum Corporation's (MPC)
- November 09, 2016
The Low Price target projection by analysts is $15 and the Mean Price Target is $18.04. The highest analyst price target is $59.00, which implies a rally of 62 percent. The median estimate represents a +25.09% increase from the last price of 41.57. The Stock had a 2 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.62 and 1.86 respectively. (more...)
- November 09, 2016
The Low Price target projection by analysts is $15 and the Mean Price Target is $18.04. The highest analyst price target is $59.00, which implies a rally of 62 percent. The median estimate represents a +25.09% increase from the last price of 41.57. The Stock had a 2 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.62 and 1.86 respectively. (more...)
US Charging 61 People in Call Center Scam Based in India
- November 09, 2016
The government says it's a scam - one that's tricked at least 15,000 people into shelling out more than $300 million. Phone scams are not new, but the breadth and sophistication of this one is notable. Department of Homeland Security Inspector General, John Roth, said the case was massive. The US government is approaching India for their arrest and finally extradition, she said. (more...)
- November 09, 2016
The government says it's a scam - one that's tricked at least 15,000 people into shelling out more than $300 million. Phone scams are not new, but the breadth and sophistication of this one is notable. Department of Homeland Security Inspector General, John Roth, said the case was massive. The US government is approaching India for their arrest and finally extradition, she said. (more...)
Four killed on river ride at Australia's biggest theme park
- November 09, 2016
Neil Balnaves, chairman of Ardent Leisure Group that owns Dreamworld as well as bowling and billiards centers across Australia, the United States and New Zealand, told the company's annual general meeting on Thursday that the ride had passed its annual safety inspection a month ago. (more...)
- November 09, 2016
Neil Balnaves, chairman of Ardent Leisure Group that owns Dreamworld as well as bowling and billiards centers across Australia, the United States and New Zealand, told the company's annual general meeting on Thursday that the ride had passed its annual safety inspection a month ago. (more...)
Why Ariad Pharma Earnings Are So Great Despite a Loss
- November 09, 2016
On average, analysts expect that Ariad Pharmaceuticals will post ($0.07) EPS for the current year. Several other analysts have also commented on the stock. According to 10 analysts, the Average Revenue Estimate for the current Fiscal quarter is $45.69 Million and the Low Revenue estimate is $41.09 Million, while the High Revenue estimate is $58.8 Million. (more...)
- November 09, 2016
On average, analysts expect that Ariad Pharmaceuticals will post ($0.07) EPS for the current year. Several other analysts have also commented on the stock. According to 10 analysts, the Average Revenue Estimate for the current Fiscal quarter is $45.69 Million and the Low Revenue estimate is $41.09 Million, while the High Revenue estimate is $58.8 Million. (more...)
Notes recall effect: Amazon, Flipkart and others halt Cash on Delivery
- November 09, 2016
We checked out Flipkart, and tried choosing cash on delivery while purchasing a home appliance worth almost Rs 18000. It's not just the currency notes of Rs 500 and Rs 1000 are out from the Indian market, the whole idea of cash has taken a hit. (more...)
- November 09, 2016
We checked out Flipkart, and tried choosing cash on delivery while purchasing a home appliance worth almost Rs 18000. It's not just the currency notes of Rs 500 and Rs 1000 are out from the Indian market, the whole idea of cash has taken a hit. (more...)
Donald Trump wins presidency in stunning victory as Hillary Clinton concedes
- November 09, 2016
Trump then acknowledged his Democratic challenger called to concede. On several occasions, Trump criticized McAuliffe's move to restore voting rights to more than 67,000 felons who had completed their sentences, which Trump and state Republicans criticized as an openly political move to boost Democratic support. (more...)
- November 09, 2016
Trump then acknowledged his Democratic challenger called to concede. On several occasions, Trump criticized McAuliffe's move to restore voting rights to more than 67,000 felons who had completed their sentences, which Trump and state Republicans criticized as an openly political move to boost Democratic support. (more...)
Social media post might have prompted fatal stabbings of 3
- November 09, 2016
According to Murray, authorities in Newark had announced on October 13 that Arrington was wanted in connection with an October 9 shooting and sexual assault. Murray. Although the relationship between the victims wasn't immediately clear, numerous victims are believed to be family members. The children were sister and brother; McBurroughs was not related to them and was visiting the family, authorities said. (more...)
- November 09, 2016
According to Murray, authorities in Newark had announced on October 13 that Arrington was wanted in connection with an October 9 shooting and sexual assault. Murray. Although the relationship between the victims wasn't immediately clear, numerous victims are believed to be family members. The children were sister and brother; McBurroughs was not related to them and was visiting the family, authorities said. (more...)
Samsung raided as part of a probe into the political scandal
- November 09, 2016
The political tug-of-war over the prime minister comes amid a scandal involving Park's longtime confidante, Choi Soon-sil, who has no official government role. This relationship has impacted the approval rating of Geun-gye and has seen mass street protests calling on the president to resign. Opposition parties have complained they were not consulted on the nomination and have refused to meet with Park until it is withdrawn. (more...)
- November 09, 2016
The political tug-of-war over the prime minister comes amid a scandal involving Park's longtime confidante, Choi Soon-sil, who has no official government role. This relationship has impacted the approval rating of Geun-gye and has seen mass street protests calling on the president to resign. Opposition parties have complained they were not consulted on the nomination and have refused to meet with Park until it is withdrawn. (more...)
Stock Markets Plunge as Early Trump Strength Surprises Investors
- November 09, 2016
Heading into Monday, the index had been down 66 points over the previous nine trading days. Contracts on the Dow Jones Industrial Average fell 15 points, or 0.1 percent, to 18,177, today. ENERGY: Benchmark U.S. crude gained 25 cents to $45.14 per barrel in electronic trading on the New York Mercantile Exchange. Valeant was the top traded stock falling 8.5 percent to $17.50 after the drugmaker reported a smaller-than-expected quarterly adjusted profit and cut its full-year profit and revenue ... (more...)
- November 09, 2016
Heading into Monday, the index had been down 66 points over the previous nine trading days. Contracts on the Dow Jones Industrial Average fell 15 points, or 0.1 percent, to 18,177, today. ENERGY: Benchmark U.S. crude gained 25 cents to $45.14 per barrel in electronic trading on the New York Mercantile Exchange. Valeant was the top traded stock falling 8.5 percent to $17.50 after the drugmaker reported a smaller-than-expected quarterly adjusted profit and cut its full-year profit and revenue ... (more...)
Prince Charles visits Oman
- November 09, 2016
Charles and Camilla were shown around the mosque by Sheikha Lubna Al Qasimi, who was appointed as the new minister of state for tolerance in February. Their packed schedule in the emirate of Abu Dhabi will see them part ways at times. He crossed the Empty Quarter - one of the hottest and most inhospitable places on Earth - on foot and by camel in 1931. (more...)
- November 09, 2016
Charles and Camilla were shown around the mosque by Sheikha Lubna Al Qasimi, who was appointed as the new minister of state for tolerance in February. Their packed schedule in the emirate of Abu Dhabi will see them part ways at times. He crossed the Empty Quarter - one of the hottest and most inhospitable places on Earth - on foot and by camel in 1931. (more...)
First Presidential Polls Close in Parts of Kentucky, Indiana
- November 09, 2016
WATCH: RFE/RL's Russian Service asked Moscow residents who they expect to win the USA presidential election - and what the new administration will mean for relations with Russia. Florida remained a tossup and a virtual tie in the 2016 presidential race with more the majority of precincts reporting late Tuesday, and a CBS News exit poll indicated that Hispanic turnout was even with past year despite early voting. (more...)
- November 09, 2016
WATCH: RFE/RL's Russian Service asked Moscow residents who they expect to win the USA presidential election - and what the new administration will mean for relations with Russia. Florida remained a tossup and a virtual tie in the 2016 presidential race with more the majority of precincts reporting late Tuesday, and a CBS News exit poll indicated that Hispanic turnout was even with past year despite early voting. (more...)
Shock as India scraps 500 and 1000 rupee bank notes
- November 09, 2016
And the money for such corruption is often not declared to the tax authorities, making it black money . Lot of people have already rushed to the ATMs, stood in long queues to withdraw and exchange their Rs. There are around 16.5 billion of 500 rupee cash notes and 6.7 billion of 1,000 rupee bank bills available for use, as per national bank Deputy Governor R. (more...)
- November 09, 2016
And the money for such corruption is often not declared to the tax authorities, making it black money . Lot of people have already rushed to the ATMs, stood in long queues to withdraw and exchange their Rs. There are around 16.5 billion of 500 rupee cash notes and 6.7 billion of 1,000 rupee bank bills available for use, as per national bank Deputy Governor R. (more...)
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