Markets


Mars To Buy Vet Hospital Operator VCA For $9.1 Billion Mars To Buy Vet Hospital Operator VCA For $9.1 Billion
- January 10, 2017

Mars will pay $93 a share in cash, a 31 percent premium to VCA's closing price of $70.77 on Friday. (WOOF) announced Monday a deal to be acquired by snacks and petcare company Mars Inc.in a deal valued at $9.1 billion, including $1.4 billion in debt. (more...)
Takeda Pharmaceutical to buy Ariad in $5.2 billion cash deal Takeda Pharmaceutical to buy Ariad in $5.2 billion cash deal
- January 10, 2017

The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures. After $-0.14 actual earnings per share reported by Ariad Pharmaceuticals, Inc. Looking about the past performance history, the company jumped 10.81% in past week and climbed 0.37% in one month. According to the analysts, Ariad Pharmaceuticals Inc . (more...)
America's Favorite Sedan Is All — Toyota Camry America's Favorite Sedan Is All — Toyota Camry
- January 10, 2017

Beyond appearances, Toyota calls the TNGA platform that underpins this Camry "a structural reform movement for the entire company that will result in cars that are more dynamic, athletic, and fun to drive". Crease-lines are sharper and deeper, and the concept of a lower center of gravity - which is indeed lower on this vehicle than the old Camry - is emphasized. (more...)
Jaguar Land Rover achieves highest ever sales in 2016
- January 10, 2017

Jaguar Land Rover intends to be the first to roll out the next-generation CloudCar platform in its first fully electric model, Jaguar I-PACE. The rise coincides with 2016 being a record-breaking year of United Kingdom vehicle registrations, with nearly 2.7 million registered, compared with 2.6m in 2015. (more...)
The best new TVs announced at CES 2017 The best new TVs announced at CES 2017
- January 10, 2017

At the CES 2017, this company showcased its latest television technology which is the LG OLED wallpaper TV . LG will be launching the W7 line in a couple of different sizes that include a 65-inch model and a larger 77-inch model if you need or prefer something quite a bit bigger. (more...)
CPM gives Achuthanandan a warning, denies him seat in party's state committee CPM gives Achuthanandan a warning, denies him seat in party's state committee
- January 09, 2017

The warning was issued after the central committee accepted the report submitted by six-member Politburo Commission which had looked into the internal issues in Kerala unit of the party and the allegations on Achuthanandan's anti party and anti-organisational activities. (more...)
Oil prices fall as Iran's exports surge, U.S. adds more rigs
- January 09, 2017

According to the agency's sources in the industry, in the week ending January 8, Russian Federation cut its oil production by about 100,000 barrels per day (bpd). So is apparently Russian Federation, whose oil and gas condensate production averaged 11.1 million bpd in the week to January 8, down from the 11.247 million bpd average output in October, two sources told Reuters . (more...)
Uber to Supply Urban Planners with Data to Build Better Cities
- January 09, 2017

Few companies in the world have gathered as much transportation data over the last decade as Uber , which operates in over 500 cities on six continents. The city already has access to Uber's pick-up records, the same as it does with licensed cab drivers, but city regulators have said that they need to understand how long those rides are taking, in order to prevent driver fagitue and limit drivers' working weeks to the legal cap of 60 hours. (more...)
FBI Arrests a Volkswagen Executive on Fraud Charges
- January 09, 2017

VW has been barred from selling any new diesel cars in the United States since late 2015. Unfortunately, phase two isn't likely to be ready until 2018. Reports indicate that an announcement about those fines could come this week, and that the total cost is likely to be around $3 billion dollars. The UK Transport Committee pledged in the autumn of 2016 to fight for compensation for owners of affected Volkswagen group cars, but little has happened since then. (more...)
TN CM writes to PM, appeals for ordinance to allow Jallikattu TN CM writes to PM, appeals for ordinance to allow Jallikattu
- January 09, 2017

He has requested the ministry to introduce a new clause specifically exempting Jallikattu in addition to other exemption already provided in the act. "Bulls are not harmed or physically tortured during Jallikattu ", he insisted. "There is resentment and disappointment in rural Tamil Nadu regarding the Jallikattu ban", read Mr Panneerselvam's letter to PM Modi. (more...)
Flipkart appoints former Tiger Global exec Kalyan Krishnamurthy as CEO Flipkart appoints former Tiger Global exec Kalyan Krishnamurthy as CEO
- January 09, 2017

There is no denying that ecommerce firm Flipkart is the biggest Indian startup in many years with a market value of Dollars 5 billion as of November 2016, according to worldwide agency Morgan Stanley. Sachin's role will continue to be the same in the Bengaluru-based company. At the same time, he will also continue to look for HR, strategy and corporate functions for Flipkart. (more...)
Netflix made a game featuring some of its top shows Netflix made a game featuring some of its top shows
- January 09, 2017

If you think Netflix is just for movies and TV series, think again because it looked like Netflix is venturing into the game industry, sort of. Those who are expecting a great game should not expect a lot from this because Netflix's goal is to entertain its fans while waiting. (more...)
McDonald's gives up control of its China business in $2 billion deal McDonald's gives up control of its China business in $2 billion deal
- January 09, 2017

A consortium including Citic and Carlyle Group will buy an 80 per cent stake in a deal valuing the business at as much as $2.08 billion, according to a group statement on Monday. The company later chose to keep its South Korea business. Fast-food firms including McDonald's and Yum Brands Inc are recovering from a series of food-supply scandals in China that have undermined their performance. (more...)
North Korea's weapons capabilities North Korea's weapons capabilities "serious threat" - Washington
- January 09, 2017

The United States is ready to shoot down a North Korean ballistic missile in case it is coming in the direction of the country's territory or the territory of its allies, US Secretary of Defense Ash Carter said Sunday. Reacting to reports that the North Korean nuclear and missile buildup had reached a unsafe level, President-elect Donald Trump said last week. "A US deputy secretary of State spouted rubbish on January 5 that threat from north Korea has reached an extreme pitch". (more...)
GMC Terrain Unveiled, Will Be Offered with Turbo-Diesel GMC Terrain Unveiled, Will Be Offered with Turbo-Diesel
- January 09, 2017

The interior is updated as well to reflect GMC's current design language, with soft-touch materials, more space, and a new, push-button transmission. The gas engines are matched with two unique new nine-speed automatic transmissions. GMC's new Electronic Precision Shift enables more storage room in the center console by replacing the conventional transmission shifter with an electronically controlled gear selection consisting of push buttons and pull triggers. (more...)
China December forex reserves fall for 6th month, near $3 trillion level China December forex reserves fall for 6th month, near $3 trillion level
- January 09, 2017

CHINA'S foreign exchange reserves fell to near six-year lows in December, but held just above the critical US$3 trillion level. The foreign exchange reserves plummeted almost US$1 trillion at the end of 2016 from the peak level of US$3.99 trillion in June 2014. (more...)
Four dead and 15 wounded as truck rams crowd Four dead and 15 wounded as truck rams crowd
- January 09, 2017

The attack on Sunday occurred at about 1:30 p.m. on the Armon Hanatziv Promenade, a popular tourist spot between East Jerusalem and West Jerusalem that offers sweeping views of the Old City. The Hamas movement praised the attack on social media and said that the driver was a released prisoner. The resolution echoes Israel's view that the United Nations vote will make peace even more elusive, saying it "undermines the prospect of Israelis and Palestinians resuming productive, direct ... (more...)
Early voting pushed by Cuomo as State of State tour kicks off Early voting pushed by Cuomo as State of State tour kicks off
- January 09, 2017

He introduced The Democracy Project which will modernize voting and is believed to increase participation among New Yorkers. This past election shined a bright light on the deficiencies of New York's antiquated election laws and the artificial barriers they create that prevent and discourage voters from exercising this sacred right, " Governor Cuomo said. (more...)
Mexicans march against gas price hike turns violent Mexicans march against gas price hike turns violent
- January 09, 2017

At least six people died in Mexico as a result of the unrest that started due to the spike of gas prices, Mexican media reported Friday. Authorities said one policeman was run over and killed and another was seriously injured when they tried to stop robberies at a gas station in Mexico City. (more...)
Fiat Chrysler recalls 100K vehicles to fix Takata air bags Fiat Chrysler recalls 100K vehicles to fix Takata air bags
- January 09, 2017

FCA said a plant in Warren, Michigan, near Detroit, would make the Jeep Wagoneer and Jeep Grand Wagoneer SUVs, while a Toledo, Ohio, factory would produce the Jeep pickup. Approximately 700 new jobs will be added. The company had already signaled plans to expand truck and SUV production at its USA plants, and discontinued production of small and medium-sized cars in two US factories. (more...)

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