Markets


Popeyes to Be Bought by Owners of Burger King and Tim Hortons
- February 21, 2017

The offer price represents a 27% premium. Wells Fargo & Company MN now owns 150,803 shares of the company's stock worth $8,014,000 after buying an additional 23,354 shares during the period. for $79 a share. The company's current management is expected to continue to operate the USA business. "Popeyes is a powerful brand with a rich Louisiana heritage that resonates with guests around the world", says Daniel Schwartz, RBI's chief executive officer. (more...)
Analysts Update Their Price Target On Kimco Realty Corporation (NYSE:KIM)
- February 21, 2017

Mgmt.) sold 2,174 shares at 65.79 per share price. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink . Nine investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock now has a consensus rating of "Hold" and a consensus target price of $63.01. (more...)
Anglo American plc 12.8% Potential Decrease Indicated by Deutsche Bank Anglo American plc 12.8% Potential Decrease Indicated by Deutsche Bank
- February 21, 2017

Anglo American generated USD1.80 billion of proceeds from asset sales in 2016, but has now said it is not under pressure to offload assets in order to delverage the business. Anglo planned to condense its portfolio of assets to focus on core commodities of platinum, copper and diamonds. Haitong Bank boosted their price objective on shares of Anglo American plc from GBX 1,240 ($15.45) to GBX 1,400 ($17.44) and gave the stock a neutral rating in a report on Friday, February 10th. (more...)
Alibaba affiliate Ant Financial expands global footprint with South Korea investment
- February 21, 2017

China's Ant Financial, the financial investment arm of Alibaba Group and the world's most valuable Fintech company, will invest $200 million in the mobile payment subsidiary of Kakao Corp, a major South Korean messaging platform. The company now has over 450 million users worldwide and Ant Financial's CEO told CNBC last month the company was aiming to have 2 billion customers in 10 years. (more...)
Demonetisation: Now, you can withdraw Rs 50000 per week Demonetisation: Now, you can withdraw Rs 50000 per week
- February 21, 2017

These limits, however, were gradually eased, with RBI pumping in new notes of Rs 500 and Rs 2,000. This was preceded by the relaxation on January 16 when the limit was raised to Rs 10,000 per day from Rs 4,500. The announcement came with the announcement that there will be no limit on cash withdrawal from March 13. Customers holding savings accounts are allowed to withdraw up to Rs 50,000 in a week. (more...)
Varun Dhawan and Alia Bhatt sizzle on Filmfare's cover Varun Dhawan and Alia Bhatt sizzle on Filmfare's cover
- February 21, 2017

The 29-year-old, who was upset because of the incident, said, "I'm going to find out where my name is from the Election Commission". It is weird because I voted past year. They were photographed at Mumbai airport, after flying home. The first instalment " Humpty Sharma Ki Dulhania " was loved by the audience and was a big hit at the Box Office. (more...)
John Abraham casts his vote at BMC Election 2017
- February 21, 2017

She posted, "Started my morning by casting my vote.Voting is our collective duty towards our country & its progress.Pls go out & vote #VoteKarMaharashtra". Bhagyashree, John Abraham and filmmaker Kiran Rao were also seen casting their votes. I mean, you might feel it's inconsequential and how is your one vote going to impact the system but then like they say, make every drop count, this is the least you can do to make a difference. (more...)
The Home Depot, Inc. Bottom Line Climbs 18% In Q4 The Home Depot, Inc. Bottom Line Climbs 18% In Q4
- February 21, 2017

In other Home Depot , Inc. (The) by 0.3% in the third quarter. The home improvement store posted diluted net earnings per share of $1.44 in the quarter on revenues of $22.21 billion. has a one year low of $117.70 and a one year high of $143.12. The firm has a 50-day moving average of $136.35 and a 200-day moving average of $131.84. (more...)
Demonetization: Government to reintroduce Rs 1000 note in new garb, says report Demonetization: Government to reintroduce Rs 1000 note in new garb, says report
- February 21, 2017

He said the government was planning to introduce it in the month of January. However, the govt official said that the process was delayed because of a pressing need to supply Rs 500 notes. Reserve Bank of India now is all set to re-introduce the Rs 1000 note. They then introduced new Rs 500 and Rs 2000 notes with new designs and better security features and a picture of Mangalyaan behind the notes. (more...)
BHP Billiton plc 44.3% Potential Decrease Indicated by Liberum Capital
- February 21, 2017

Other large investors have also recently added to or reduced their stakes in the company. Jarislowsky Fraser Ltd raised its position in BHP Billiton Limited by 2,730.8% in the second quarter. BHP Billiton plc are listed in the Basic Materials sector within UK Main Market. Market capitalisation for LON:BLT is £82,090,526,490 GBP. They set a "hold" rating on the stock. (more...)
Amazon Decreases Minimum Order Total for Free Shipping Back to $35 Amazon Decreases Minimum Order Total for Free Shipping Back to $35
- February 21, 2017

Orders including $25 or more of eligible books also qualify for FREE ShippingThe move follows Walmart announcement of free two-day shipping on more than two million items without a membership fee and free shipping to home for orders $35 and up. (more...)
Bengaluru shocker: Now, air hostess molested near HRBR layout street by bikers Bengaluru shocker: Now, air hostess molested near HRBR layout street by bikers
- February 21, 2017

The air hostess is a resident of HRBR Layout, a posh residential area. The strech of the street was also dimly lit with no proper streetlights making it easy for the molester to flee undetected. According to a report in the Indian Express , the woman and her friend were returning home at around 10 pm when an unidentified biker started harassing them. (more...)
Milo Yiannopoulos Disinvited From CPAC Amid Resurfaced Pedophilia Comments
- February 21, 2017

Soon after Milo Yiannopoulos was disinvited from speaking at this year's Conservative Political Action Conference ( CPAC ) on Monday, the Breitbart editor and face of the alt-right movement backpedaled on his comments about pedophilia that sparked outrage over the weekend. (more...)
HSBC pre-tax profits tumble 62.3 per cent HSBC pre-tax profits tumble 62.3 per cent
- February 21, 2017

HSBC effectively built out its Swiss private bank from its $10 billion purchase of Republic National Bank of NY and Safra Republic Holdings, banks controlled by Lebanese financier Edmond Safra. Nevertheless, alongside most European lenders, HSBC has been struggling to boost profitability. Flint and his chief executive Gulliver have toiled since taking over HSBC in 2010 to shrink it, exiting more than 80 businesses and shedding over 43,000 jobs as the post-2008 crisis environment proved ... (more...)
Kraft Heinz calls off $136B mega-deal to buy Unilever Kraft Heinz calls off $136B mega-deal to buy Unilever
- February 21, 2017

She had previously singled out Kraft's 2010 acquisition of another British household name, Cadbury Plc, as an example of a deal that should have been blocked. Unilever rejected the proposal as it says it sees no merit, either financial or strategic, for Unilever's shareholders. While the initial bid was not large enough to excite Unilever - Kraft Heinz was reported to have been prepared to come back with an improved offer. (more...)
TCS announces ₹16000 crore share buyback, India's biggest TCS announces ₹16000 crore share buyback, India's biggest
- February 21, 2017

TCS in the closing hours of the market soared nearly 6% pushing the major indices higher.TCS board announced that the buyback of its shares will happen at Rs 2850 per share. "The buyback is proposed to be made from the shareholders of the company on a proportionate basis under the tender offer route using the stock exchange mechanism in accordance with the provisions contained in the Sebi (Buy Back of Securities) Regulations, 1998 and the Companies Act, 2013 and rules made thereunder". (more...)
Kraft Heinz drops $143bn Unilever takeover bid
- February 21, 2017

Unilever is the larger of the two companies by market valuation, worth $120.2bn against $106.2 for Kraft Heinz . Kraft Heinz has ditched its plans to take over Unilever, just two days after it emerged the London-listed consumer goods giant had rejected a $143bn offer. (more...)
Paytm to Invest Rs. 600 Crores in QR Code-Based Payment Solution
- February 21, 2017

The QR code is a machine-readable label that has information such as the account details of the merchants. Through this, it allows customers to scan a code with their smartphone and instantly transfer fund, or send payment to merchants. It has made its platform available in 10 different regional languages - Hindi, Tamil, Telugu, Gujarati, Marathi, Bengali, Kannada, Malayalam, Oriya and Punjabi thereby resulting in a 5x traffic increase for the platform from smaller towns. (more...)
Barcelona star Neymar to stand trial on fraud and corruption charges
- February 21, 2017

They can not appeal against the Court's decision. In addition, DIS has contended that Barcelona and Neymar colluded to bring him to Spain without opening the bidding for his services enough to other clubs, which could have increased the transfer payment. (more...)
The $130 Snapchat Spectacles Are Now Available to Purchase Online The $130 Snapchat Spectacles Are Now Available to Purchase Online
- February 21, 2017

There may also be Spectacles available on other sites like Amazon or eBay, but they are most likely secondhand products. The spectacles are available in Black, Coral, and Teal color themes for $130, a fair price. Available exclusively for the Snapchat app, Spectacles feature an integrated video camera created to capture a full day worth of video on a single charge. (more...)