Economy

Microsoft Inks a Deal for Wind Power from GE in Ireland

Microsoft Inks a Deal for Wind Power from GE in Ireland This is an important step for Redmond since there are plans to install batteries alongside wind turbines to provide more stable power delivery to the main grid. In the recent years, several technology companies such as Apple, Google, and Facebook have been focusing on powering their data centre or cloud operations using renewable energy sources. [Full Article...]

Trump laments tax break for National Football League over players' dishonour of flag

Trump laments tax break for National Football League over players' dishonour of flag He said during a political rally in Huntsville, Ala., on September 22 that National Football League owners should fire the players who knelt during the anthem. "If there's anything that is disrespectful to the flag, then we will not play", Jones said after the Cowboys' 35-31 defeat to the Green Bay Packers. And that's exactly what the National Football League players are doing. [Full Article...]

Pradhan raises issue of Asian premium charged on oil with OPEC

Pradhan raises issue of Asian premium charged on oil with OPEC Asia is a prime destination of exports, and India is a leading consumer, with 90 per cent imports. Market sentiment in the US remains strong. With regards to the OPEC meetings with the United States, Barkindo said the exploratory meetings yielded fruitful results, adding that the two parties recognised and acknowledged the shared responsibility maintaining stability, and are looking to furth... [Full Article...]

Honeywell International Inc. (NYSE:HON) Under Analyst Spotlight

Gabalex Capital Management Llc holds 9.71% of its portfolio in Honeywell International Inc . for 225,000 shares. The P/E ratio is 22.27 and market capitalization is 109.22B. Grassi Inv Management reported 66,358 shares or 1.56% of all its holdings. On the other end, a stock with a score from 0-2 would be viewed as weak. Investors sentiment decreased to 0.96 in 2017 Q2. [Full Article...]

Gujarat cuts Value-Added Tax by 4% on petrol, diesel

Gujarat cuts Value-Added Tax by 4% on petrol, diesel With this rate cut, the price of petrol will come down by Rs 2.93 and that of diesel by Rs 2.72 in the state. The state government earns more than Rs19,000 crore from Value-Added Tax on diesel and petrol.HT had reported in its Monday edition about the government's decision of slashing the Value-Added Tax on petrol and diesel.The Centre had reduced its excise duty on petrol and diesel on October 4.... [Full Article...]

This is McDonald's first try at vegan burgers

This is McDonald's first try at vegan burgers The new meatless burger will be offered at one McDonald's in Tampere, Finland , according to Food & Wine, from October 4 to November 21. Would you try a McVegan? Unfortunately, the burger is only available in Tampere, Finland and a McDonald's reprentative told US Today that there are no plans to serve it anywhere else at this stage. [Full Article...]

Are Analysts Bullish Rice Midstream Partners LP (NYSE:RMP) After Last Week?

Therefore 71% are positive. Taking a glance at the relative strength indictor, we note that the 14-day RSI is now at 56.77, the 7-day stands at 52.16, and the 3-day is sitting at 42.50. Price T Rowe Md stated it has 17,293 shares. Kayne Anderson Cap Advsr Lp reported 2.91M shares. The legal version of this story can be viewed at https://weekherald.com/2017/10/09/cnh-partners-llc-buys-9400-shares-o... [Full Article...]

City Developments offers to buy Millennium & Copthorne for S$3.22 billion

City Developments offers to buy Millennium & Copthorne for S$3.22 billion The company, which runs brands including Millennium, Grand Millennium and Copthorne, has struggled recently with its revenue per available room - a key industry metric known as RevPAR - dropping 2.3pc on a constant currency basis in 2016. The price is a 21% premium to Millennium's closing share price of 455 pence on Friday. According to the directors of M&C, the terms of the bid are fair and reaso... [Full Article...]

Chevron Corporation (NYSE:CVX) Trading Volume Significantly Lower

CA's holdings in Chevron Corporation were worth $8,342,000 at the end of the most recent reporting period. Meanwhile, due to a recent pullback which led to a fall of nearly -6.65% in the past one month, the stock price is now with underperforming -39.72% so far on the year - still in weak zone. [Full Article...]

Did Las Vegas Gunman Target Other Music Festivals?

Did Las Vegas Gunman Target Other Music Festivals? Police have also been trying to identify and track down a "mystery woman" who was seen with Paddock . FBI Special Agent Aaron Rouse also briefed media about a new partnership with Clear Channel Outdoor on a public information campaign to seek new leads in the case. [Full Article...]

What's The Story Behind Chesapeake Energy Corporation (NYSE:CHK)

What's The Story Behind Chesapeake Energy Corporation (NYSE:CHK) It is down 5.76% since October 5, 2016 and is uptrending. It has underperformed by 4.32% the S&P500. Chesapeake Energy (NYSE: CHK ) last issued its quarterly earnings data on Thursday, May 4th. 783 are held by Peak6 Investments L P. 12,280 are owned by Manufacturers Life Ins Co The. While under theory that management are shareholders, many value investors look for stocks with a high percent of... [Full Article...]

Oil Stable After OPEC Chief Suggests ''Extraordinary Measures''

Brent crude and West Texas Intermediate started the week with gains after yesterday OPEC's Secretary General, Mohammed Barkindo, said the cartel may have to take some "extraordinary measures" to restore the oil market stability. "Just a mere 25 million barrels are products, nearly converging with the five year average", he said. US bank JP Morgan said in a note to clients that previous "concerns... [Full Article...]

John Wood Completes All-Share Acquisition Of Amec Foster (ALLISS)

John Wood Completes All-Share Acquisition Of Amec Foster (ALLISS) Aberdeen-based oil services company Wood Group has completed a £2.2bn takeover of its rival Amec Foster Wheeler. WorleyParsons announced this morning it's buying all of maintenance, modifications and operations (MMO) provider AFW UK Oil & Gas, which will boost the Australian company's earnings per share and cut its own net debt. [Full Article...]

Investigators think they've found reason behind Las Vegas mass shooting

Investigators think they've found reason behind Las Vegas mass shooting The shooter, Stephen Paddock , 64, was seen on numerous occasions in Las Vegas without any person accompanying him and he gambled the night before the shooting, Las Vegas Sheriff Joseph Lombardo said at a news conference. Luckily, another officer had a pry bar and managed to open the door. Detective Matthew Donaldson said, "I just threw them in the casino". "I was faster barefoot, and I was... [Full Article...]

Shares Holding Above Moving Averages: Microsoft Corporation (NASDAQ:MSFT)

The company has a market cap of $575.51B. Pensionfund Dsm Netherlands owns 210,700 shares for 2.24% of their portfolio. CVR Partners LP (NYSE:UAN) has declined 44.11% since October 9, 2016 and is downtrending. Microsoft Corporation (NASDAQ: MSFT ) last issued its quarterly earnings results on Thursday, July 20th. Microsoft Corporation is a technology company. [Full Article...]

United States lands dumping duties on Canadian plane imports

United States lands dumping duties on Canadian plane imports Both charges - last week's 220pc countervailing duties and Friday's anti-dumping restrictions - could be reversed by the US International Trade Commission if the tribunal concludes that Boeing wasn't injured by Bombardier's jet programme, a decision expected to be made next year. [Full Article...]

India expects reasonable oil prices from OPEC

India expects reasonable oil prices from OPEC Oil prices witnessed a slip of 3% on Friday, after a week of profit-taking and a comeback of oversupply concerns pushed the markets lower. Oil's brief rally into bull-market territory last month is fading from memory amid an OPEC-led effort to whittle away a global glut stretching back to late 2016. [Full Article...]

Alabama's Nick Saban: 'We're not going to beat everybody 66-3'

I don't think we really executed the way we'd like to or with the consistency that we'd like to in the game. But the Aggies did something unexpected - make it hard for the Crimson Tide to win. Alabama was also able to neutralize a strong A&M rushing attack, holding the Aggies to a season-low 71 yards - a mere 1.8 yards per rush. "We played the game to try and stop their run, which we did a pre... [Full Article...]

Las Vegas gunman booked hotel rooms overlooking an earlier music festival

Las Vegas gunman booked hotel rooms overlooking an earlier music festival Authorities are also investigating whether Paddock rented several units at a luxury high-rise overlooking a bigger music festival, called Life is attractive, the weekend before Sunday's slaughter, a law enforcement source told NBC News. [Full Article...]

GE ropes in Miller as CFO

GE ropes in Miller as CFO The New York Times notes that Rice and Comstock's retirements were not surprising given their age. Bornstein , who was also a GE vice chair, will leave the company on December 31, after 28 years of service. GE named Jamie Miller , who joined the company in 2008 and now heads GE Transportation, to take over as CFO effective November 1. Flannery became CEO in June, and outgoing leader Jeff I... [Full Article...]


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