Money

by | August 23, 2017 | 00:42

Ford and China's Anhui Zotye Automobile Co. Though it's only for the Chinese market . Anhui Zotye Automobile is a big manufacturer of zero-emission all-electric vehicles in China, and the firms are discussing forming a joint venture to sell electric cars in China, under a brand owned by the joint venture.

by | August 23, 2017 | 00:30

Federal Reserve Chair Janet Yellen's speech on Friday will be closely watched for hints on USA monetary policy, but central bank observers do not expect her to give new guidance. In company news, shares of sporting good retailers took a hit after analysts downgraded ratings on Nike (NKE.N), Foot Locker (FL.N) and other companies.

by | August 23, 2017 | 00:26

Yellen will speak on the topic of financial stability at 8 a.m. local time (10 a.m.in New York) on August 25 at the Kansas City Fed's annual symposium, the Fed said on Thursday . The Euro to US Dollar exchange rate has been correcting back further after comments from European Central Bank ( ECB ) officials stated that the strengthening currency might pose a risk to growth.

by | August 22, 2017 | 00:47

Sempra Energy's bid of $9.45 billion has upped the offer from Berkshire Hathaway (NYSE:BRK.A), who offered $9 billion for Oncor . Through the agreed upon 47 regulatory commitments, Texas stakeholders "have rightly focused on protecting Oncor from unnecessary risk, including having no debt at intermediate holding companies", according to Berkshire.

by | August 22, 2017 | 00:46

It has outperformed by 41.26% the S&P500. Park National Corp OH's holdings in Bristol-Myers Squibb were worth $2,689,000 as of its most recent filing with the SEC. Regions holds 962,795 shares. Welch Cap Prtn Limited Liability Corporation stated it has 62,522 shares. Ing Groep Nv has invested 0.03% in Estee Lauder Companies Inc (NYSE:EL).

by | August 22, 2017 | 00:47

Aamir portrayed the role of Haryanvi wrestler Mahavir Singh Phogat. The first song from Aamir Khan's upcoming movie " Secret Superstar " has been released by the makers. Zaira Wasim is playing the character of 16 years old rising singing star who is very good at singing. However, despite all hurdles, Zaira makes enough courage to upload her first singing video on a video sharing a website.

by | August 22, 2017 | 00:45

The Boards of both Total and A.P. Moller-Maersk have approved the transaction. According to consultancy Wood Mackenzie, $73.2 billion-worth of oil and gas deals have transpired so far in 2017, already exceeding all of 2016. Maersk Oil as of Monday had around 1 billion barrels of oil equivalent in potential reserves, with more than 80 percent of that in the North Sea. It also gives Total the ability to rampup production should oil prices rebound.

by | August 22, 2017 | 00:42

Amazon's acquisition of Whole Foods will give them access to Whole Foods' 450 locations and will allow them to build distribution points for their own grocery service called AmazonFresh. Walmart ( WMT ) is bringing Uber grocery deliveries to the Dallas and Orlando areas, expanding a partnership with the ride-hailing service. The retail giant now has 22 stores that offer delivery across Tampa, Orlando, Dallas and Phoenix.

by | August 22, 2017 | 00:35

Bank of America Corporation (NYSE: BAC ) has seen its stock price gain 1.52, or +6.88%, so far in 2017. It has outperformed by 41.94% the S&P500. Shikiar Asset Management Inc increased Fortive Corp stake by 5,998 shares to 43,835 valued at $2.35 million in 2016Q4.

by | August 21, 2017 | 06:25

It alleges that the supposed "100% natural spring water" advertised on Poland Spring bottles is actually just common groundwater that doesn't meet the federal definitions. The lawsuit claimed Poland Spring water sources in Hollis, Fryeburg, Denmark, Dallas Plantation, Pierce Pond Township and Kingfield may not be legitimate either.

by | August 21, 2017 | 06:14

Dhawan punished the bowlers with 21 boundaries, including three sixes, finishing the match in a jiffy. The hosts failed to convert a good start into a big score and were dismissed for 216 in the 44th over. The Chahal was the most expensive player for the visitors as left-arm spinner conceded 64 runs in the journey of ten overs. The opening partnership between Danushka Gunathilaka and Niroshan Dickwella comes to an end as the former's attempted reverse-sweep in the hands of KL Rahul at ...

by | August 20, 2017 | 03:09

Frazier zeroed in on the administration failing to "clearly reject expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal". The exchange lit up social media, with many people lauding Frazier and blasting the president. Even former Massachusetts Governor Mitt Romney jumped on the Trump-bashing bandwagon, demanding that the president admit he was wrong and apologize for statements.

by | August 20, 2017 | 02:59

The institutional investor held 89,072 shares of the consumer services company at the end of 2016Q4, valued at $6.16M, down from 177,900 at the end of the previous reported quarter. (NASDAQ:EXEL) shares were sold by COHEN CHARLES. Oregon Employees Retirement Fund stated it has 595,345 shares. Southernsun Asset Management Llc, a Tennessee-based fund reported 1.45 million shares.

by | August 20, 2017 | 02:49

The company, which is incorporated in the Netherlands but is run from executive offices outside Pittsburgh, responded by releasing a generic version that lists for half the price. Chuck Grassley said: "The settlement is a disappointment". Mylan Inc. CEO Heather Bresch holds up a sample of the company's two-pack EpiPen as she testifies before the House Oversight and Government Reform Committee a year ago.

by | August 20, 2017 | 02:42

The euro on Thursday rose towards 2 1/2-year highs against the dollar seen earlier this month on bets that euro zone officials will embark on a gradual unwinding of their massive policy stimulus while United States policymakers looked increasingly wary.

by | August 20, 2017 | 02:42

Bronstein, Gewirtz & Grossman stated that the law firm will be investigating whether some of the senior officials and reportedly directors of Infosys were involved in illegal practices according to US Federal Law. Blaming Murthy for Sikka's resignation, the Board in a statement said the founder's continuous assault, including the latest letter, was the primary reason for the former's resignation despite strong Board support.

by | August 20, 2017 | 02:41

The provision gives the president broad authority to impose tariffs on foreign goods, though such unilateral action has rarely been used since the creation of the World Trade Organisation in 1995, according to trade experts. "There will be no victor", she added, noting that all World Trade Organisation members must respect its rules. "We hope that the relevant persons can stop perceive an issue of the 21 century with the zero-sum mentality of the 19th or 20th century".

by | August 20, 2017 | 02:39

Washington has set a double- edged policy vis a vis North Korea , the first is to escalate and cast fiery threats ( fire and fury ), according to U.S. territory in the Pacific that is home to American military bases. Trump tweeted on Wednesday. China, also a communist country, took a measure against North Korea .

by | August 20, 2017 | 02:38

The records included voters' names, addresses, dates of birth, and partial social security numbers. No word yet if any bad guys saw this information, but he says taxpayers certainly won't pick up the tab for what he calls this "extreme disappointment".

by | August 20, 2017 | 02:35

The Australian came into the last regular-season event of the season needing to make the cut to have a chance of keeping his playing privileges for next season, but he appeared doomed after 11 holes of his round at Sedgefield Country Club. 4-7. He could have ended his round with another one, but pulled his 15-foot birdie putt wide right and settled for par. Padraig Harrington, a three-time major victor, endured a torrid third round of six-over 76 which sent him tumbling down the ...

by | August 20, 2017 | 02:33

Tensions have soared on the peninsula in recent months, with Pyongyang carrying out its first successful tests of an intercontinental ballistic missile (ICBM), bringing much of the U.S. The U.S. -North Korea impasse, which has simmered since the end of the Korean War in 1953, has grown more tense in recent months because of worries that the North's nuclear weapons program is nearing the ability to target the U.S.

by | August 20, 2017 | 02:32

McIlroy is the all-time FedExCup Playoffs leader in terms of wins having claimed the Dell Technologies Championship in 2012 and 2016 along with the 2012 BMW Championship and of course last year's TOUR Championship where he claimed the FedExCup.

by | August 20, 2017 | 02:31

Senator Xenophon confirmed today he had received advice his father's background makes him a British overseas citizen by descent, meaning he is potentially ineligible to sit in Parliament. Xenophon renounced the Greek citizenship he had from his mother's side and only discovered the possibility that he may have British citizenship when a journalist contacted him about the issue.

by | August 19, 2017 | 03:44

It looks as if the San Francisco 49ers will be going in a different direction as the team announced Thursday via twitter that they will be starting rookie quarterback C.J. Then I saw him over in a scuffle, so he broke that part of the promise. San Francisco will now just hope these skills can translate to the National Football League on a long-term basis.

by | August 19, 2017 | 03:36

Assetmark, California-based fund reported 638 shares. The stock witnessed -42.75% declines, -49.78% declines and -60.31% declines for the 1-month, 3-month and 6-month period, respectively. The rating was downgraded by Goldman Sachs to "Sell" on Tuesday, March 15. The stock has "Neutral" rating by Susquehanna on Tuesday, February 14. The third largest holder is Arrowmark Colorado Holdings Llc, which now holds $21.01 million worth of this stock and that ownership represents almost 8.78% of its ...

by | August 19, 2017 | 03:24

The former Uber chief has filed his response to the investment firm's lawsuit, which seeks to kick him off the board and to invalidate a previous company decision to expand the board with three additional seats. Benchmark alleged information was withheld about the following: Pervasive gender discrimination and sexual harassment that prompted an investigation by former Attorney General Eric Holder; the alleged theft of medical records belonging to an Uber passenger who was raped in India; ...

by | August 19, 2017 | 03:17

Among other things, the president's order will rescind a previous decree signed by former President Barack Obama that required federal agencies to account for flood risk and climate change when paying for roads, bridges or other structures.

by | August 19, 2017 | 03:15

Other large investors have also recently modified their holdings of the company. Another trade for 30,000 shares valued at $1.76 million was sold by Ralls Rawleigh Hazen IV . Ms. Rentler continued, "During the second quarter and first six months of fiscal 2017, we buybackd 3.6 million and 6.9 million shares of common stock, respectively, for an aggregate price of $215 million in the quarter and $430 million year-to-date".

by | August 19, 2017 | 03:16

Wall Street closed sharply lower Thursday, with investors worrying about the impact of the political turmoil surrounding Donald Trump on the progress of economic reforms: the Dow Jones industrial average lost 1.24 percent and the Nasdaq, for 1.94 %.

by | August 18, 2017 | 00:52

This was shown in a research note on 16 August. The last stock close price is up 11.34% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. Among 24 analysts covering Weir Group PLC ( LON:WEIR ), 12 have Buy rating, 6 Sell and 6 Hold. Therefore 75% are positive. The stock's market capitalization is 2.39B, it has a 52-week low of 441.70 and a 52-week high of 967.64.

by | August 18, 2017 | 00:25

The Nifty PSU Bank index, which has lost almost 9% since India's central bank announced its decision to cut repo rate, gained as much as 1.08%. The key Indian equity indices traded on a flat-to-positive note during the mid-afternoon trade session on Thursday, as healthy buying in metal, oil and gas, and IT stocks kept investors' sentiments buoyed.

by | August 18, 2017 | 00:26

IBM CEO Ginni Rometty , who was on the strategy and policy advisory group, said that the members agreed to disband after realizing the polarizing and politicized nature of the group meant that it no longer served its objective. Prime Minister Teresa May, enveloping his seven-month-old presidency in controversy and leaving him increasingly isolated. After Trump's Tuesday news conference walking back his Monday condemnation of neo-Nazis and KKK members marching in Charlottesville, the ...

by | August 18, 2017 | 00:28

Shore Capital reissued a hold rating on shares of AstraZeneca plc in a report on Wednesday, June 21st. As per Monday, April 18, the company rating was downgraded by Sterne Agee CRT. Coca (NYSE:KO) was raised too. Peel Hunt maintained Mears Group PLC (LON:MER) on Tuesday, November 17 with "Buy" rating. Therefore 36% are positive. On Wednesday, July 27 the stock rating was maintained by Liberum Capital with "Buy".

by | August 18, 2017 | 00:22

King Salman agreed to open the Salwa border crossing to allow all Qatari citizens who want to enter for the Haj pilgrimage. Saudi's King Salman also offered to dispatch private jets to transport pilgrims from Qatar to Jeddah . Saudi Arabia had said earlier it would only allow Qatari pilgrims to arrive on flights from Doha, leading Qatar to accuse Saudi Arabia of politicizing the process.

by | August 18, 2017 | 00:17

Note: Wednesday we have US Crude Oil inventory with an expectation of -3.0 MB. US refiners are on fire running at a much higher than expected 96.1% of capacity, that's 17.6 million barrels of crude oil a day. OPEC in January enacted a measure that aims to ease the supply strains with managed production declines. "On the current weekly trend, US production is only about 4 weeks away from reaching the production high of June 2015", said Olivier Jakob, managing director at Petromatrix GmbH in ...