Markets


GM: Delta Township 3rd shift to end, 1100 jobs cut GM: Delta Township 3rd shift to end, 1100 jobs cut
- March 06, 2017

Monday's move follows two other shift reductions in recent months at GM assembly plants in MI, bringing the total workers affected by the changes to about 3,000 hourly and salaried employees. That third shift will end for LDT on May 12. Those layoffs, which were the first USA job cuts announced by GM since 2010, took place in late January. (more...)
Global group says oil supply will slowly tighten
- March 06, 2017

But the group says that supply growth will slow after 2020, with a drop in spare production capacity expected unless new projects are approved soon. A large potential supply deficit may take hold around 2020, "as demand growth is consistently forecast to outstrip projected increases in global oil supplies", he said. (more...)
Delhi's IGI Airport ranks second best in world Delhi's IGI Airport ranks second best in world
- March 06, 2017

Airports large and small from around the globe, including several in Canada, demonstrated their commitment to providing an excellent customer experience. Implemented at over 320 airports worldwide, the ASQ program delivers an in-depth assessment of the quality of the customer service experience in 34 key performance indicators, including airport access, check-in, security screening, restrooms, and food & retail establishments. (more...)
NCLT: Mistry's plea against Tata Sons 'non-maintainable' NCLT: Mistry's plea against Tata Sons 'non-maintainable'
- March 06, 2017

Shareholder needs at least 10% to file a petition in the NCLT, according to Companies Act, 2013. Last month, the bench had heard both the firms on the issue of maintainability of a petition, in which the Mistry family firms had alleged oppression of minority shareholders' rights and mismanagement at the Tata group. (more...)
Babri Masjid case ghost haunts LK Advani, SC refuses to drop charges Babri Masjid case ghost haunts LK Advani, SC refuses to drop charges
- March 06, 2017

The bench added that when the accused were discharged on a technical ground, the CBI was expected to file a supplementary chargesheet to fill the lacuna. "There is no question of any person, body or institution influencing the decision-making process of CBI or the manner in which it pursues its cases in courts", the agency had said in an affidavit. (more...)
Nifty ends at two-year high; state election results in focus Nifty ends at two-year high; state election results in focus
- March 06, 2017

All the BSE sectoral indices, except the IT index, closed in the positive zone with Oil & Gas index leading the gains, up 1.3 per cent. The Sensex is up by about 143 points or 0.5% at 28,975.40, almost 100 points off the day's high of 29,070.20. (more...)
Best stocks of the day: Ford Motor Company (F) Best stocks of the day: Ford Motor Company (F)
- March 06, 2017

According to these analysts, the Low Revenue Estimate for Ford Motor Co.is 31.95 Billion and the High Revenue Estimate is 37.74 Billion. Barclays PLC restated an equal weight rating and set a $66.00 target price on shares of General Motors Company in a research note on Friday, September 23rd. (more...)
General Motors Sells Opel for €2.2 Billion
- March 06, 2017

They have not, however, made a combined profit in the past 18 years despite multiple turnaround efforts. We're likely to see lots more of this kind of thing, with next Vauxhall Astra and Peugeot 308 also set to share underpinnings. GM's European business, which includes Germany's Opel and Britain's Vauxhall, has not made a profit since 1999. PSA Group, based in France, makes Peugeot and Citroen cars, and it says it plans to return the former GM brands to profitability. (more...)
GM May Book $4.5 Billion Writedown on Opel Sale to PSA Peugeot
- March 06, 2017

By acquiring Opel, the French group leapfrogs rival Renault to become Europe's second-ranked carmaker by sales, with a 16 percent market share to VW's 24 percent. "Opel's sale leaves GM with almost no presence in the world's third-largest vehicle market, which was the industry's birthplace and a focal point for automotive design", report Nick Kostov and Eric Sylvers for the Wall Street Journal . (more...)
OH gas prices up; fuel costs expected to rise this month OH gas prices up; fuel costs expected to rise this month
- March 06, 2017

Including the change in gas prices in NY during the past week, prices Sunday were 49.6 cents per gallon higher than the same day one year ago and are 5 cents per gallon lower than a month ago. near Paul Huff), Hi-Tech (APD 40) and the BP (Keith St.). Gas prices in DE continue to inch upward. The Alon at 102 W. Business U.S. Highway 190 and Highway Avenue had the cheapest gas in the city at $1.95 per gallon. (more...)
New SBI cash transaction rules to be implemented from April 1 New SBI cash transaction rules to be implemented from April 1
- March 06, 2017

From April 1, SBI will permit savings bank account holders to deposit cash three times a month free of charge. In case of current acounts, the penalty could go up to Rs 20,000, according to a PTI report. All the customers of savings as well as salary accounts will face the brunt. If the balance in the account does not fall below Rs 25,000, the bank won't impose any charge. (more...)
Flights Cancelled At Dublin Airport Due To French Strike Flights Cancelled At Dublin Airport Due To French Strike
- March 06, 2017

British Airways has cancelled flights to and from France, and other short-haul destinations using French airspace are likely to be disrupted. Last month the Civil Air Navigation Services Organisation (CANSO), representing Europe's air navigation service providers, has agreed to work together with A4E to enhance the performance of Europe's air traffic management network in the future. (more...)
How to book an Uber ride for free How to book an Uber ride for free
- March 06, 2017

Anand Prakash, a product security engineer, who runs a blog on web application security, said it was "easy" to exploit a bug to overwrite the app to get free Uber rides around the world. Even though the hack isn't that easy to replicate by just anyone, with a fair bit of knowledge in scripting and coding one might as well have exploited this particular loophole to avail free rides. (more...)
Vauxhall employees 'at risk' as Peugeot-Citroen strikes deal with GM
- March 06, 2017

France's PSA Group will become the second largest automaker in Europe, knocking Renault down to third place, after striking an agreement with the USA carmaker General Motors to acquire its beleaguered European marque Opel and United Kingdom subsidiary Vauxhall. (more...)
Expect 'something special' to replace Obamacare, Trump tells health insurers Expect 'something special' to replace Obamacare, Trump tells health insurers
- March 06, 2017

The calls for bipartisanship with which Trump ended his speech weren't a gesture of outreach but a demand for submission. Trump began his speech by talking about bomb threats called into Jewish schools and centers, destruction at two Jewish cemeteries and the shooting of two Indian immigrants. (more...)
Air India makes first journey around the world with all-women crew Air India makes first journey around the world with all-women crew
- March 06, 2017

Every aspect of the flight was controlled and monitored by women - from the captain, to the cockpit crew, to the air traffic control dispatchers - sending a powerful message about the ability of women to to take charge in traditionally male-dominated fields. (more...)
Sources say PSA Group to announce Opel purchase
- March 06, 2017

Buying GM's loss-making European operations will make PSA the continent's second-biggest auto maker after Volkswagen and ahead of French rival Renault. PSA Groupe Chairman Carlos Tavares has been working feverishly since news of a possible deal was confirmed February 14 to convince politicians and union leaders that a combined company will not lead to job cuts. (more...)
The Wpp Plc (WPP) to Release Earnings on Friday The Wpp Plc (WPP) to Release Earnings on Friday
- March 06, 2017

The stock exchanged hands with 2.93 million shares contrast to its average daily volume of 3.62 million shares. The company's market cap is GBX 24.67 billion. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States and global copyright & trademark law. (more...)
Many dozens of supporters gather across the country to March 4 Trump Many dozens of supporters gather across the country to March 4 Trump
- March 06, 2017

It was a sentiment echoed at the D.C. rally, where a man who identified himself as a registered Democrat told the gathering he was frustrated with the worldwide women's marches the day after Trump's inauguration. (Davis Bonner | Collegian) A group of protesters to the Trump rally in Denver rip an American flag apart in opposition to the event. Yet for much of the protest, while demonstrators clashed, the riot police ringed the perimeter, observing. (more...)
Tune In Sunday For WWE 'Fastlane' Live Results And Recap
- March 06, 2017

Jericho immediately made his entrance, distracting Owens and giving Goldberg the chance to hit the spear. Then, like any good dad, Goldberg celebrated by handing the title belt to his son in the front row. Sasha Banks. The following matches are advertised for the WWE Fastlane event, which will be held on Sunday in Milwaukee, Wisconsin at the Bradley Center. (more...)