Markets


Hostage situation at Istanbul hospital as armed man goes on rampage Hostage situation at Istanbul hospital as armed man goes on rampage
- February 01, 2017

After the initial reports of hostage situation in the hospital, the authorities further clarified that the man took out his gun in the hospital and threatened to kill himself. The incident comes weeks after 39 persons were murdered and other 69 murdered during an armed attack in the Reina club during the New Year's Eve party. (more...)
Marathon Petroleum (MPC) Q4 Earnings, Revenue Beat Estimate February 01, 2017 Marathon Petroleum (MPC) Q4 Earnings, Revenue Beat Estimate February 01, 2017
- February 01, 2017

It opened the session with a $16.55 price tag, later ranging from $16.28 to $16.75, the range at which the stock has traded at throughout the day. The 52-week high is at -13.95% and the 52-week low stands at 159.06%. (The) reissued a "buy" rating and set a $54.00 target price on shares of Marathon Petroleum Corporation in a research report on Wednesday, October 12th. (more...)
ICICI Bank net dips 19%
- February 01, 2017

The Bank continued to achieve strong growth in its retail business, resulting in a year-on-year growth of 18% in the retail portfolio. RBI rules do not allow banks to recognise interest received from bad loans as income. For the quarter ended December, its operating profit was Rs 219.44 crore, a 74.3 per cent fall from Rs 854.11 crore during the corresponding period the previous year. (more...)
World most valuable drinks brands revealed
- February 01, 2017

Brand Finance's Australia 100 list saw Telstra retain the ranking of the most valuable brand in the country, with Optus the next telco on the list in ninth place. All three majors saw an increase in their estimated brand value. Reported revenue increased 2%, while the expected cumulative annual growth rate has also improved from 3.7% in 2016 to 4.2% this year. (more...)
Budget will be presented in parliament: Speaker
- February 01, 2017

There were reports that the government, in consultation with the Opposition parties, will decide on the Budget presentation after Kerala MP E Ahamed passed away early today morning. Former secretary of the Lok Sabha P.D.T. Achary today said that the house may get adjourned to pay respect and homage to soul of E Ahamed. There are possibilities that the Budget will be presented in the Rajya Sabha alone or it could be presented post lunch session. (more...)
Romania: Thousands protest against planned decrees pardoning convicted politicians Romania: Thousands protest against planned decrees pardoning convicted politicians
- February 01, 2017

Thousands of people marched through the Romanian capital of Bucharest and other cities to protest government plans to pardon corrupt politicians and decriminalize other offenses. Also, the government chose to send to parliament a draft pardon bill which, if adopted, will set free inmates serving sentences of up to five years for non-violent crimes. (more...)
Budget 2017: Jaitley says BHIM app now has 125 lakh downloads
- February 01, 2017

Another feature of the app is that merchants can download the Aadhar cashless merchant app on their smartphones and sync it to a biometric reader. You're reading Entrepreneur India, an global franchise of Entrepreneur Media. All payments through UPI go directly to a bank account. This Aadhaar linked system will be a vital tool in the Government's demonetization plan and although details about the working of such a payment system aren't available yet, it will be beneficial to those who do ... (more...)
Aetna still weighing options in Humana merger case, says Obamacare losses worsening Aetna still weighing options in Humana merger case, says Obamacare losses worsening
- February 01, 2017

The mean price target for the company's stock is $140.60 while the highest price target suggested by the analysts is $154.00 and low price target is $130.00. The firm's quarterly revenue was up 5.5% compared to the same quarter past year. During the same period in the prior year, the firm posted $1.37 EPS. (more...)
Union Budget 2017 gives infrastructure status to housing sector Union Budget 2017 gives infrastructure status to housing sector
- February 01, 2017

Jaitley said that the government will provide the seed capital while the Indian Railways will arrange the rest of the funds from its own "revenue avenues". Yet a quick perusal of MNREGA accounts reveals that the total allocation for the scheme for 2016-17 was actually Rs 47,499 crores, once we include two supplementary tranches totally Rs 9000 crore injected in August and December past year. (more...)
Telstra launches 1Gbps LTE data service
- February 01, 2017

Netgear's new Nighthawk M1 features up to 1Gbps LTE connectivity, is the flawless travel router as it supports Wi-Fi/Ethernet offloading - with the capability of taking up to 20 x Wi-Fi devices. It has been priced at AU$360 (roughly Rs. 18,500) upfront. Andrew Volard, Telstra device director, said the Nighthawk will "help people further embrace a new breed of mobile applications and experiences including immersive virtual reality, connected cloud computing and rich entertainment". (more...)
Big mistake if union budget not postponed: Congress Big mistake if union budget not postponed: Congress
- February 01, 2017

However, Mahajan gave permission to Finance Minister Arun Jaitley to go ahead with the presentation of the budget. "They could have postponed the Budget and conducted it tomorrow but they have dismissed this", Mr. She also said, "Our member E. Ahamedji was very active person". "At this moment, presenting the budget is not inevitable". Earlier in the day, there was speculations that the Budget will be postponed for a day following the demise of Senior Kerala MP, E. (more...)
EU Commission defends Apple tax ruling
- February 01, 2017

She said the investigations in this and other cases in other European countries were purely about illegal state aid. Margrethe Vestager explained that was because the Irish tax authorities are still doing their own calculations as to how much Apple could owe. (more...)
Walgreens Boots Alliance's (WBA) "Outperform" Rating Reiterated at Robert W. Baird
- February 01, 2017

The firm's quarterly revenue was down 1.8% on a year-over-year basis. Analyst's Analysis on Walgreens Boots Alliance, Inc . A PEG Ratio below one may represent that the company is undervalued. In the liquidity ratio analysis; quick ratio for most recent quarter was 0.90 while current ratio for time period was 1.50. Walgreens Boots Alliance Inc makes up approx 0.06% of Vicus Capital's portfolio.Asset Management firm, Mu Investments Ltd. (more...)
DA Davidson Issues Price Target With 1.03% Upside On Ixia DA Davidson Issues Price Target With 1.03% Upside On Ixia
- February 01, 2017

According to this price target, it now means the analyst believes there is a potential increase of 1.03% from the company's current share price of 19.45. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company's stock. (more...)
Valley Financial Corporation (VYFC) Under Analyst Spotlight Valley Financial Corporation (VYFC) Under Analyst Spotlight
- February 01, 2017

Piper Jaffray Companies downgraded Webster Financial Corporation from a "neutral" rating to an "underweight" rating and set a $37.50 target price on the stock.in a report on Wednesday, November 16th. makes up approx 3.66% of Davenport Co's portfolio. Also, Director C Michael Jacobi sold 41,910 shares of the stock in a transaction on Thursday, January 26th. (more...)
Refugee vs. green card holder: a primer on immigration terms Refugee vs. green card holder: a primer on immigration terms
- February 01, 2017

Numerous refugees helped USA forces, often in violent and chaotic circumstances, risking their lives in the process. The furore surrounding US President Donald Trump's immigration clampdown continued for a second day, as aides offered conflicting interpretations of its reach, political leaders condemned the move and major worldwide companies said it threatened to strangle the free flow of workers and commerce. (more...)
Jaitley says Budget focus on welfare, infrastructure with fiscal prudence Jaitley says Budget focus on welfare, infrastructure with fiscal prudence
- February 01, 2017

The Indian economy has sustained a macro-economic environment of relatively lower inflation, fiscal discipline and moderate current account deficit coupled with broadly stable rupee-dollar exchange rate despite continuing global sluggishness, said Union Minister Arun Jaitley in the Parliament on Tuesday. (more...)
US Immigration Worries, BOJ, Weigh on Japan US Immigration Worries, BOJ, Weigh on Japan
- February 01, 2017

The comments intensified expectations that the new US administration was making moves to talk down the greenback just hours after Trump's top trade adviser, Peter Navarro , told the Financial Times that Germany is using a "grossly undervalued" euro to gain advantage over the United States and its own European Union partners. (more...)
January India manufacturing PMI rebounds from demonetization downturn January India manufacturing PMI rebounds from demonetization downturn
- February 01, 2017

Russia's manufacturing activity expanded at the sharpest pace in almost six years in January, as output, new orders and employment all rose at faster rates, survey data from IHS Markit showed Wednesday. However, some analysts question whether the growth will be sustainable once the impact of earlier stimulus measures begins to wear off and as the property market starts to cool, which is widely expected. (more...)
The Wynn Resorts' (WYNN) Overweight Rating Reiterated at Morgan Stanley
- February 01, 2017

These shares were upgraded to Neutral from Reduce by Instinet, according to news reported on Friday January 27, 2017.Another important research note was issued by CLSA on Friday July 29, 2016.The firm downgraded WYNN to Underperform from Outperform. (more...)

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