Money

by | March 24, 2018 | 14:19

In a statement ending its latest policy meeting, the Fed boosted its key short-term rate Wednesday by a modest quarter-point to a still-low range of 1.5 percent to 1.75 percent. However, it noted the "actual path of the federal funds rate will depend on the economic outlook as informed by incoming data". Policymakers see interest rates at 3.4 per cent in 2020, up from 3.1 per cent in December.

by | March 24, 2018 | 14:01

Pc Shaun Cartwright paid tribute to Keith Palmer, who was killed as he stood guard at the Palace of Westminster on March 22 past year. Five people were killed, including Pc Keith Palmer, and dozens of others were injured when 52-year-old Khalid Masood launched a auto and knife attack on Westminster Bridge and the Palace of Westminster before he was shot dead.

by | March 24, 2018 | 13:52

Firm says the May quarter outlook was above the firm's and consensus estimates, DRAM demand continues to come for a variety of high growth end markets, and its evident that Micron's 3D NAND Flash products are highly competitive. on 11/29/2017 reported its EPS as $0.9 with the analysts projecting the EPS of the stock as $0.86. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also helps in ...

by | March 24, 2018 | 12:38

In Toronto, the TSX is down nearly 178 points at 15,497 while the FTSE 100 closed down below 7,000 at 6,953 for the first time since December of 2016 as traders still worry about the possibility of an interest rate hike in May, despite the Bank of England's decision to keep rates intact today.

by | March 24, 2018 | 12:34

Investors fear that the measures announced by the United States administration could escalate into a trade war, with potentially dire consequences for the global economy. "The equity markets are getting clobbered, which is not that surprising with fears of a trade war breaking out", said Paul Fage, a TD Securities emerging markets strategist.

by | March 24, 2018 | 11:31

The stock increased 2.04% or $3.58 during the last trading session, reaching $179.12. Randt, Director, sold 3,000 with an average share price of $129.00 per share and the total transaction amounting to $387,000.00. The stock of Genesis Healthcare, Inc. It has underperformed by 16.70% the S&P500. As per Wednesday, September 2, the company rating was upgraded by Credit Agricole.

by | March 24, 2018 | 11:27

At the first assembly of BJP workers in the recently built headquarters in the national capital's Deendayal Upadhyay Marg, Prime Minister Narendra Modi said to all the MPs to win the "hearts" of party workers. During BJP's Parliamentary meeting, the MPs were also asked to reach out to the people to expose the lies of the opposition parties which have stalled the Parliament for three weeks over slew of issues.

by | March 24, 2018 | 11:07

The stock decreased 1.41% or $0.645 during the last trading session, reaching $45.165. About 11.64 million shares traded or 49.47% up from the average. Riley & Co. $6.77 million worth of NIKE, Inc . (NYSE:HD) has "Buy" rating given on Thursday, June 23 by Nomura. Nike had a return on equity of 31.64% and a net margin of 11.13%.

by | March 24, 2018 | 11:06

Prime Minister Theresa May welcomed the development as she arrived at the second day of the summit in Brussels, saying it would give "certainly to people and business". The EU fears competition from the United Kingdom and is demanding a "level playing field" between the two - including ways to prevent potential undercutting on tax, environmental and labour standards.

by | March 24, 2018 | 10:58

As in February, the minutes showed that the "best collective judgment" of the rate-setting panel was that "an ongoing tightening of monetary policy over the forecast period would be appropriate to return inflation sustainably to its target at a more conventional horizon".

by | March 24, 2018 | 10:41

This helps explain the dollar's fade from as high as ¥106.63 to as low as ¥105.58 during the Tokyo session. The benchmark Nikkei 225 index was up a fraction by 0.05 percent, or 10.96 points, to 21,391.93 in early trade, while the broader Topix index edged down 0.16 percent, or 2.67 points, at 1,713.62.

by | March 24, 2018 | 10:20

Dropbox Inc. (NASDAQ: DBX ) entered the market with a bang on Friday. However, this amount still falls short compared to the $10 billion valuation it received during its last round of private funding in 2014. Streaming music leader Spotify Technology SA is scheduled to do a direct listing of shares on the New York Stock Exchange on April 3. " Dropbox is going public at the right time".

by | March 24, 2018 | 10:20

In a letter dated April 6, 2017 - posted in full here - Michael Curtis, chief of the Firearms Technology Industry Services Branch of the ATF, sent a letter to a bump stock manufacturer, saying its product was not prohibited. Attorney General Jeff Sessions speaks in Washington , US, February 27, 2018. A bump stock is a device meant to be installed onto a semiautomatic firearm, such as AR-15, AK-47, and Saiga models, replacing the rifle's standard stock.

by | March 24, 2018 | 10:15

Instead of returning to a truck, like in the most recent patent, these drones would operate without human assistance. Amazon has been awarded a patent that will let its package delivery drones recognize human movement and voice. Some gestures would also indicate the drone should not come closer. According to the patent, the drone's communication system would include an array of sensors, including a depth sensor and cameras to detect visible, infrared and ultraviolight light.

by | March 24, 2018 | 10:13

Facebook pages of SpaceX and Tesla , which had millions of followers, are no longer accessible. Elon Musk erased the pages of his companies Tesla and SpaceX from Facebook , after ironically asking the WhatsApp co-founder, Brian Acton , "What is Facebook ?" on Twitter.

by | March 24, 2018 | 09:55

So I'm going to revise my previous assessment and say that, based on the two videos posted at AT, I believe the human "backup driver" could have seen the woman crossing the street sooner if she'd been paying attention. Velodyne's Lidar sensors are used by a number of companies testing self-driving cars on public roads today. "There will no doubt be an exhaustive investigation of the tragic incident involving an Uber self-driving vehicle and a pedestrian", Akshay Anand, an analyst at Kelley ...

by | March 24, 2018 | 09:25

Trump gets bill eliminating immunity for... "It is a good day for America", said Nacole S., the mother of the Washington girl, whose last name is being withheld to protect the girl's identity. Recently, Backpage's ads have begun omitting any copy with their offers of adult services, instead showing only photographs of the purported escorts.

by | March 24, 2018 | 09:25

While the Sensex fell 130 points to 33,006, Nifty closed 40 points lower at 10,114 level. Sector-wise, the S&P BSE auto index declined by 225.95 points, followed by capital goods index by 198.79 points and banking index by 180.11 points. In terms of investments, provisional data with the exchanges showed that foreign institutional investors purchased scrips worth Rs 98.44 crore and domestic institutional investors worth Rs 197.78 crore.

by | March 24, 2018 | 09:15

The futures on USA crude oil fell by 0.01 Dollars to 65.16 USD per barrel, while Brent variety dropped by 0.09 USD, or 0.13%, to 69.38 USD per barrel. Specifically, traders were said to be motivated by falling production in Venezuela , whose output has been halved since 2005 to below 2 million barrels per day (bpd) - a situation that caused the International Energy Agency to declare the Bolivian republic "vulnerable to an accelerated decline" and having the potential to tip global ...

by | March 24, 2018 | 08:57

According to Preiss, United offered a $1,000 travel credit to anyone who volunteered to wait for another flight. United confirmed to USA Today in an email that Preiss was offered the $10,000 voucher. "I nearly signed the document and said, 'I just want the cash for the weekend, '" Preiss told The Points Guy . At that point, another United gate agent came over to provide a pamphlet about bumped passengers' rights , and explained that Preiss was eligible for four times the value of her ...

by | March 24, 2018 | 08:55

Managers say they are not sure for when the sale will be rescheduled. In the '80s, Toys R Us went global, opening locations all over the world. It is, admittedly, a long shot. "So a lot of us were asking because there weren't as many sales as expected", Manukyan said. MGA, based in Van Nuys, California, is the world's largest privately held toy company.

by | March 24, 2018 | 08:48

The interior boasts VW's new Innovision Cockpit, which links a centrally mounted 15-inch infotainment touchscreen with the brand's familiar 12-inch digital instrument cluster. It's lower to the ground than before though, sitting 7mm beneath the previous generation. The two big screens create a fully customizable, complete digital control interface.

by | March 24, 2018 | 08:30

Ease of transactions and available use cases remain the two largest challenges of the world's most popular cryptocurrency, not counting its general volatility that isn't a technological problem but an economic one. No doubt, it's way less than where the figure stood in December 2017, but that doesn't change the fact that at around $8,600 per unit and a market cap of $146.7 billion, bitcoin continues to dominate the narrative in the realm of FinTech and financial services.

by | March 24, 2018 | 08:19

In addition to arguing that he wasn't required to fill the seats, Walker said calling special elections before the November general election would be a waste of taxpayer money. Elisabeth Frost, who argued the case for a group of voters in both of the districts, said after Reynolds' ruling from the bench that she would have to see whether Reynolds addresses that in her order to Walker.

by | March 24, 2018 | 08:07

Stone, a sophomore forward, was the area's leading rebounder (10.3 per game) and shot blocker (2.3 per game) and averaged 13.9 points, 1.1 assists and 1.1 steals. In terms of role models, Coach Windt can't think of a better choice than Lundeen. "Gantt added "(Keller) can get on (his players) and get (them) out of (their) comfort zone without (having them) disliking (him), and that's a hard balance to maintain.

by | March 24, 2018 | 07:37

As far as huge spans of thrash are concerned, the Patch is very cosmopolitan - microplastics stew alongside larger bits of plastics , all entangled in fishing nets and gear. The accumulation - known as the Great Pacific Garbage Patch - contains 1.8 trillion pieces of plastic and weighs around 80,000 tonnes, the equivalent of 500 jumbo jets.

by | March 24, 2018 | 07:04

Sales soared 6.6 percent in the South, where the bulk of sales activity occurs, and vaulted 11.4 percent in the West. The tax bill that passed late previous year also reduces the tax advantages afforded to homeowners, which could have some impact on the market, especially in high-cost regions such as New York, New Jersey, California and high-end suburbs of Chicago.

by | March 24, 2018 | 06:30

It has underperformed by 3.50% the S&P500. Ing Groep Nv decreased its stake in Cisco Sys Inc ( CSCO ) by 22.24% based on its latest 2017Q3 regulatory filing with the SEC. (NASDAQ: CSCO ) for 27,528 shares. Cisco Systems's dividend payout ratio is presently -362.50%. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

by | March 24, 2018 | 06:24

The overall volume in the last trading session was 2.99 million shares. (NYSE: AEP ) has risen 7.63% since March 16, 2017 and is uptrending. Verity & Verity Llc decreased its stake in American Elec Pwr Inc ( AEP ) by 63.03% based on its latest 2017Q3 regulatory filing with the SEC.

by | March 24, 2018 | 06:18

The Merc with a Mouth assembles a team of mutants to assist him, including newcomer Domino ( Zazie Beetz ). On Thursday, Fox dropped its new look at " Deadpool 2 ", in which Brolin - as the mighty Cable - is bent on sweeping aside Deadpool ( Ryan Reynolds ) to acquire his target.

by | March 24, 2018 | 06:05

The helicopter eventually sank and could not be recovered. "It's been a traumatic experience for anyone involved in the situation there". Two people are believed to have died in a helicopter crash off Queensland's Whitsunday Islands, with authorities set to launch an investigation.

by | March 23, 2018 | 23:13

Tirschwell & Loewy Inc increased its stake in Starbucks ( SBUX ) by 16.84% based on its latest 2017Q3 regulatory filing with the SEC. Freestone Capital Hldgs stated it has 0.13% of its portfolio in Starbucks Corporation (NASDAQ: SBUX ).

by | March 23, 2018 | 22:56

A number of research firms have recently weighed in on NKE . The stock increased 0.28% or $0.19 during the last trading session, reaching $66.99. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. The rating was downgraded by Goldman Sachs on Wednesday, December 2 to "Buy". Since December 11, 2017, it had 0 buys, and 8 insider sales for $45.81 million activity.

by | March 23, 2018 | 22:37

Schneider Cap Mgmt stated it has 7.86M shares. After a recent check, Comcast Corporation ( NASDAQ: CMCSA ) stock is found to be 2.14% volatile for the week, while 2.18% volatility is recorded for the month. Since October 3, 2017, it had 0 buys, and 5 insider sales for $26.38 million activity. Sandberg Sheryl sold $9.75 million worth of stock. Shares of Snap Inc fell 3.56 percent, while Twitter Inc shares tumbled 9.47 percent.

by | March 23, 2018 | 22:36

Compounding matters, major shareholder Naspers said it would sell stock in Tencent worth about US$10.6 billion, shaving its stake to 31.2 per cent from 33.2 per cent. With a current market capitalisation of $508 billion, Tencent is still Asia's most valuable listed firm and fifth globally behind Apple Inc, Alphabet Inc, Amazon.com Inc and Microsoft Corp.