Business

PNB scam: We won't tolerate public money loot, warns PM Modi

PNB scam: We won't tolerate public money loot, warns PM Modi In a confidential note sent out in November 2016, the RBI warned of the enormous risk these banks faced because they were not capturing and verifying data from the SWIFT system. Moneycontrol had reported that the PNB fraud has led many banks to review their internal processes and have started centralisingand linking their processes to CBS. [Full Article...]

USA defense department says prefers targeted steel, aluminum tariffs

USA defense department says prefers targeted steel, aluminum tariffs Among the options that were presented to Trump, "targeted tariffs are more preferable than a global quota or a global tariff", Mattis said. The Commerce Department concluded in a report last month that steel and aluminium imports imperil U.S. [Full Article...]

'Namaste England' to release on December 7

'Namaste England' to release on December 7 Parineeti Chopra was seen holidaying in the handsome islands of Maldives, while Arjun Kapoor was occupied with his cousin Mohit Marwah's wedding which took place in United Arab Emirates. "We are filming at more than 75 locations spread across these three cities". It tracks their love story across the landscapes of India and Europe. Arjun and Parineeti will be seen playing Punjabi characters an... [Full Article...]

United Parcel Service, Inc. (UPS) Stake Increased by Cypress Capital Management LLC

Klingenstein Fields & Co Llc acquired 4,946 shares as United Parcel Service Inc Cl B ( UPS)'s stock declined 3.26%. The Everett Harris & Company holds 878,629 shares with $105.52 million value, down from 890,769 last quarter. The company was maintained on Friday, February 9 by Cowen & Co. Knight Equity cut shares of United Parcel Service from a "buy" rating to a "hold" rating and decreased their ... [Full Article...]

EC releases schedule for 58 Rajya Sabha seats from 16 states

EC releases schedule for 58 Rajya Sabha seats from 16 states Fifty-eight Rajya Sabha seats will be falling empty in April while a by-poll for a seat from Kerala will also be conducted on the same day as M P Veerendra Kumar had resigned in December past year, though his term was to conclude in April 2022. [Full Article...]

Rathbone Brothers (RAT) Receives Hold Rating from Liberum Capital

Tower Limited Liability Company (Trc) holds 244 shares or 0% of its portfolio. Fil has 0.02% invested in Synthomer plc (LON:SYNT) for 376,269 shares. Manufacturers Life Ins The accumulated 23,652 shares. Barclays Capital maintained it with "Equal Weight" rating and GBX 990 target in Thursday, December 17 report. The stock has an average rating of Buy and an average target price of GBX 969.17 ($13.... [Full Article...]

Stocks May Benefit From Continued Drop In Treasury Yields

Stocks May Benefit From Continued Drop In Treasury Yields Broader concerns have lingered globally over the last few weeks, including how far and fast USA interest rates may rise and what that would mean for global borrowing costs, risk appetite and business confidence. "(San Francisco Fed President John Williams) may be the most important of the Fed speakers, because of his influential research on the neutral policy rate and his positioning near the cent... [Full Article...]

Police suspect Netanyahu associate of trying to bribe judge

Police suspect Netanyahu associate of trying to bribe judge Hefetz was arrested in a separate case revealed one day earlier, known locally as Case 4000, on suspicion of bribery and obstruction of justice. "Hefetz never made this absurd offer in front of the prime minister and his wife". Benjamin Netanyahu's legal woes deepened after one of his closest confidants agreed to testify against him in a ballooning corruption scandal, complicating the Israeli... [Full Article...]

Dunkin' Donuts Debuts Girl Scout Cookie-Inspired Drinks

Dunkin' Donuts Debuts Girl Scout Cookie-Inspired Drinks And get this-the peanut butter flavor doesn't contain allergens, according to the company. In a sentimental touch, the coffee chain announced the new flavours in Savannah, Georgia - the birthplace of Girl Scouts of the USA . People enjoy these inspired foods because the flavors remind them of a constant in their lives. All three of these cookie flavors will be available hot or iced, as well a... [Full Article...]

$1.12 EPS Expected for National Bank of Canada (NTIOF)

$1.12 EPS Expected for National Bank of Canada (NTIOF) A number of research firms have recently commented on RY. They noted that the move was a valuation call. Canadian Western Bank (TSE:CWB) has been assigned an average recommendation of "Hold" from the thirteen research firms that are covering the company, MarketBeat Ratings reports. [Full Article...]

Investing App Robinhood Launches Zero-Fee Cryptoсurrency Trading in 5 US States

Investing App Robinhood Launches Zero-Fee Cryptoсurrency Trading in 5 US States The announcement was made by the company on February the 22 on a blog post. According to its website, the company makes both traditional and cryptocurrency trading more accessible by offering "zero commission trading" to its customers. "With the release of Robinhood Crypto, we're continuing our mission of making the financial system work for everyone, not just the wealthy". Robinhood faces r... [Full Article...]

Buys New Stake in Brixmor Property Group Inc (BRX)

The institutional investor held 263,153 shares of the consumer services company at the end of 2017Q3, valued at $42.37M, up from 203,113 at the end of the previous reported quarter. BMO Capital Markets initiated it with "Buy" rating and $175.0 target in Monday, September 11 report. The firm earned "Neutral" rating on Tuesday, December 13 by Citigroup. [Full Article...]

Noble Midstream Partners LP (NYSE:NBLX) Increases Dividend to $0.49 Per Share

The company has a market cap of $5.04 billion and a P/E ratio of 105.87. About 2.08 million shares traded. (NASDAQ:NGHC) has risen 0.61% since February 22, 2017 and is uptrending. Citadel Advisors Ltd Limited Liability Company holds 1.51M shares. Magellan Midstream Partners, L.P. (NYSE:MMP) tumbled -8.51% year-to-date. 257,300 are owned by Waddell Reed Financial. [Full Article...]

Travelport Worldwide Limited (TVPT), ConAgra Foods, Inc. (CAG)

The firm's revenue for the quarter was up 5.2% on a year-over-year basis. Previously Travelport Worldwide Ltd (NYSE: TVPT ) reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.12 with surprise factor of 52.2%. [Full Article...]

Aurora Investment Counsel Invests $2.39 Million in The Coca-Cola Co (KO)

Aurora Investment Counsel Invests $2.39 Million in The Coca-Cola Co (KO) Brookstone Capital Management decreased Coca Cola Co (KO) stake by 7.56% reported in 2017Q3 SEC filing. Capital International Sarl sold 63,300 shares as Coca (KO)'s stock rose 6.48%. As per Wednesday, June 29, the company rating was maintained by Goldman Sachs. On Friday, September 15 the stock rating was initiated by Macquarie Research with "Neutral". [Full Article...]

Dropbox's IPO filing reveals 500M users but a $1 billion deficit

Dropbox's IPO filing reveals 500M users but a $1 billion deficit A few details in the form do stick out-namely its growth. In 2017 it recorded $1.1 billion in revenue, up from $603 million in 2015. The filing noted the company ended 2017 with a $1 billion deficit, though its rate of net losses had decreased from nearly $326 million in 2015 to almost $112 million in 2017. [Full Article...]

Gothamist News Sites Revived By Public Radio

Gothamist News Sites Revived By Public Radio DCist was shuttered without warning late previous year as part of billionaire owner Joe Ricketts' decision to close the network of local news sites that also includes NYC-based Gothamist , LAist and DNAInfo . The move could help KPCC expand its digital audience. Gothamist founders Jake Dobkin and Jen Chung will oversee the site's revival this spring, Wired reports . [Full Article...]

Ford Names Kumar Galhotra as Raj Nair Replacement

Ford Names Kumar Galhotra as Raj Nair Replacement Raj Nair , the former president of Ford North America, will keep health and retirement benefits despite being ousted from the company the week for "inappropriate behavior". Omeed Malik, a managing director at Bank of America, resigned in January over a sexual misconduct claim. Galhotra has been on Ford's payroll for the past 29 years. [Full Article...]

Brokerages Expect Scripps Networks Interactive, Inc

Consulta Ltd who had been investing in Visa Inc for a number of months, seems to be less bullish one the $275.63B market cap company. The stock decreased 0.05% or $0.04 during the last trading session, reaching $88.12. Moreover, Moors And Cabot has 0.08% invested in Booking Holdings Inc. (NASDAQ:SNI) also listed in significant eye catching mover, SNI attains returns on investment ratio of 14.10%, ... [Full Article...]

First Solar to hike production at OH plant on strong demand

First Solar to hike production at OH plant on strong demand Hengehold Capital Management Llc increased its stake in Procter And Gamble Co (PG) by 2.51% based on its latest 2017Q3 regulatory filing with the SEC. Therefore 40% are positive. Ventas Inc. had 61 analyst reports since July 27, 2015 according to SRatingsIntel. (NASDAQ: FSLR ) rating on Wednesday, December 6. [Full Article...]


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