Tuesday, 19 February 2019
Latest news
Home » Markets


IranAir Takes Delivery Of First Airbus Passenger Jet

The first IranAir plane took off from Toulouse (in France) and a passenger on-board included Airbus' chief Fabrice Bregier, BBC reported. The order, placed in December, covers 46 A320 family jets, 38 A330s and 16 A350 XWBs. and elsewhere to ensure understanding and full compliance with the nuclear settlement with Iran, or Joint Comprehensive Plan Of Action (JCPA). The US-led sanctions against Iran prevented global plane providers from selling aircraft to Iran. Read More »

Customers Not Fleeing Wells Fargo

Glancing over stock's performance with EPS trend, the current quarter estimates trends for EPS by pool of analysts was $0.43 and for one month ago was $0.42, as Q1 2017 Trends estimate stands at $0.40, according to WSJ analytic reports . Read More »

Takata Execs Face Criminal Charges Over Handling Of Deadly Airbag Defect


In an indictment handed down on December 7, but kept secret, the government charged the three executives who all had worked at Takata facilities in Japan and the United States. Arrest warrants have also been issued for the three executives, although a spokeswoman for the US Attorney's Office in Detroit said it was unclear where the defendants were. Read More »

Modi replaces Father Of The Nation on KVIC Calendars and Diaries

In the calendar and diary of Khadi (KVIC) 2017 Modi replaced Mahatma Gandhi ji. The protestors also demanded reprinting of the calendars with Gandhi's picture being featured on them. While KVIC Chairman Vinai Kumar Saxena has been quoted by a news agency as saying that PM Modi is " khadi's biggest brand ambassador" and he has made it popular in India as well as overseas, the development has been sharply criticized on social media by opposition parties and public in general. Read More »

Investec Capital Maintained Boohoo.com (LON:BOO) As 'Buy'

The stock has an average rating of "Hold" and an average target price of GBX 346 ($4.21). BNP Paribas reaffirmed an underperform rating and set a GBX 1,520 ($18.48) price objective on shares of GlaxoSmithKline plc in a report on Wednesday, December 21st. Read More »

US Stocks Close Mixed as Oil Prices Continue to Fall


The stock led the gainers in the S&P 500 , adding $24.45 to $165.99. "We're waiting for the roll-out of earnings and the initial forays of the Trump administration", Stephen Massocca, chief investment officer, Wedbush Equity Management LLC in San Francisco. Read More »

Amazon announces 5% back credit card for Prime members

Amazon already offered a credit card called the Amazon Rewards Visa Signature card, which offered a $50 Amazon gift card when new cardholders were approved and gave 3% back on Amazon purchases. So what is it about this new store card which makes it so special? The card also offers an extra 30 days for returns as well as free shipping on most items from Target .com. Read More »

United Kingdom studying annual levy on skilled European Union workers, minister says


Mr Goodwill also indicated that a route for seasonal agricultural workers was being weighed up. Britain has already approved such a levy for foreign workers from non-EU nations. "There are a number of options that could be considered", she said. "We will deliver an immigration system that reduces net migration to sustainable levels and truly works for this country as we leave the European Union". Read More »

Airbus Hits 2016 Delivery Target After Record December

On the wide-body A350 plane, which experienced delays due to cabin issues, Bregier said he believed the programme was largely de-risked and that reliability should rise to above 99 percent in one year. In July, Airbus said it would cut the production rate of its A380 to one a month from 2018 to reflect reduced demand. Both manufacturers saw new business dwindle previous year as demand ebbed after a decade-long buying spree that's built up record backlogs. Read More »

Gildan Wins Auction to Purchase American Apparel

After failing to rein in its mounting losses, the company filed bankruptcy for a second time last November. A stalking horse offer typically represents a floor for a potential auction bid for assets. American Apparel plans to ask a judge for approval on January 12. But the reorganization did little to slow American Apparel's decline as sales continued falling. Read More »

Yahoo! Inc. (YHOO) Position Maintained by Svenska Handelsbanken AB publ

The 20 analysts offering 12-month price forecasts for Yahoo! have a median target of 47.00, with a high estimate of 55.00 and a low estimate of 39.00. A research note issued on 7/26/16 the stock was downgraded by Morgan Stanley from Overweight to Equal-Weight. The share price is trading in a range of $41.12 - 41.66. Read More »

2 officers killed in Orlando; manhunt underway for suspect


Police records show that she was among the first group of officers who responded to the shootings that killed 49 people at the Pulse nightclub in Orlando on June 12. At a Tuesday afternoon news conference , Crimeline's Barb Bergin said the agency has received more than 300 tips since Monday. While the search continues, Mina said his department is mourning the death of a "hero". Read More »

Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) Surged 72.85%

Ameritas Investment Partners Inc. increased its position in shares of ARIAD Pharmaceuticals by 6.7% in the second quarter. In the last six months the stock's performance soared 222.25% while yearly performance of the company advanced 346.43%. Read More »

Jeremy Corbyn wants maximum wage cap for top earners

Mr Corbyn proposed an across-the-board maximum pay cap during a radio interview ahead of his first major speech of the year - even though it was billed as focusing on Britain's future after Brexit. And he will set out plans to take action against undercutting of pay and conditions by closing down "cheap labour loopholes", banning exclusive advertising of jobs overseas and strengthening workplace protections. Read More »

Wal-Mart Stores Inc. (NYSE:WMT)

The stock is now showing YTD performance of -0.59 Percent. The current share price indicate that stock is -7.96% away from its one year high and is moving 17.45% ahead of its one year low. Many analysts are providing their Estimated Earnings analysis for Wal-Mart Stores Inc. and for the current quarter 27 analysts have projected that the stock could give an Average Earnings estimate of $1.3/share. Read More »

Polaris to stop Victory Motorcycles production


According to the announcement, the Victory brand has struggled to keep enough market share to succeed and be profitable. Although it is a surprise decision, it is likely to help the Indian Motorcycles sales. Wine said, " This decision will improve the profitability of Polaris and our global motorcycle business, and will materially improve our competitive stance in the industry ". Read More »

Uber website to help cities see traffic patterns

It says the data offers a historical insight into traffic patterns during different times of the day, and the impact of events like rush hours and road closures on congestion. The website will start with private tests covering Washington, Sydney and Manila , Philippines. There wereblack cab strikes in London, and Uber left Austin, TX altogether after the city council voted for fingerprint-based background checks on drivers. Read More »

Flipkart appoints Kalyan Krishnamurthy as new CEO


Krishnamurthy, whom Flipkart had hired from its biggest investor Tiger Global, is now heading the Category Design Organisation. Sachin Bansal will continue to be the Executive Chairman, providing strategic direction for existing businesses, mentoring senior leadership, and will work closely with Binny on the new business portfolio. Read More »

GMC introduces 2018 Terrain in Detroit


The 2018 Terrain can't really be called "beautiful" (at least not from every angle), but it does bring some new touches that set the SUV apart. Premium Denali models will be recognizable by the standard LED headlights, satin chrome grille, 19-inch ultra-bright wheels and healthy helping of chrome covering the body-side molding, door handles, mirror caps and roof rails. Read More »

Trump tweets praise for Ford, Fiat Chrysler: 'It's finally happening'

While the Wagoneer and the Grand Wagoneer is likely to be based on the same platform as the next-generation Grand Cherokee , the Jeep pickup truck will be based on the Wrangler . Because of low demand, it will shift the Focus to an existing Mexican factory, rather than to a new factory as was announced in April. A similar source said Marchionne needed to get out the news about including employments and interest in the United States on the off chance that FCA experiences more feedback ... Read More »

The Limited Shutters Their Stores

CEO Diane Ellis and Chief Financial Officer John Buell both left late previous year. The Associated Press is reporting more grim news for national retailers. "We have worked very hard and made significant investments over nine years to improve operations and create a sustainable business at The Limited", Sun Capital told Reuters in an emailed statement. Read More »

Petrol Pumps Will Accept Cards For Now As Government Steps In

The decision by the banks to defer the fee came after prodding from the Union Oil Minister Dharmendra Pradhan during discussions among bankers, dealers and representatives of state-run fuel retailers. Petrol pumps, as the government's public interface, have been playing a major role in digital push. The association also said that the move will cause huge inconvenience to customers but they have chose to go ahead of with their decision since they have no option. Read More »

Trump remains opposed to AT&T-Time Warner deal


That happened after the FCC announced plans for a hearing on AT&T's bid to buy smaller T-Mobile US Inc. in 2011, and to end top USA cable provider Comcast Corp.'s deal for Time Warner Cable Inc. "Time Warner has conducted a review of all licenses that it holds that are granted by the FCC", AT&T wrote. He has also said that he's interested in breaking up the completed Comcast and NBCUniversal merger. Read More »

Congress moves EC against Sakshi Maharaj, BJP


Naqvi said. "Population has risen due to those who support the concept of four wives and 40 children", Sakshi Maharaj said while speaking at an event in Uttar Pradesh on Friday. Maharaj was yesterday booked for allegedly hurting religious feelings after he indirectly blamed Muslims for the population growth in the country that sparked a controversy, days after Supreme Court outlawed seeking votes in the name of religion or caste. Read More »

Modi says BJP plays lead role in making political funding transparent

Applauding Prime Minister Narendra Modi for his "historic" decision of demonetisation and surgical strike and putting forth a different image of India, Javadekar said the former was given a standing ovation by the parliamentary board. "The PM said that the government wants to give tools to the poor with which they can defeat poverty", Prasad said. He took a dig at Congress questioning the Government's decision pointing out that over its last 50 years' rule they made people stand in queues for ... Read More »

Uttar Pradesh elections 2017: Mayawati releases third list of 100 BSP candidates


The Dalit leader alleged that BSP was being dubbed a "casteist" party as part of a political conspiracy. Elections to the state assembly, which has 403 seats, are due to take place in seven phases spread between 11 February and 8 March. So far, the party has announced tickets to 58 Muslim candidates of total 200 candidates. She further said that voters should not cast their ballot in favour of the Samajwadi Party, which is dealing with a bitter family feud, as doing so would benefit the BJP. Read More »

Govt overlooks protests, calls Budget session on January 31


The delegation, led by Congress leader Ghulam Nabi Azad, urged the election body to avert BJP-led NDA Government from presenting the Union Budget on February 1, which is just three days before the beginning of Assembly elections in Punjab, Uttar Pradesh, Uttarakhand, Goa and Manipur. Read More »

Boeing jetliner orders fell short in 2016

Of those 2016 deliveries, 490 were for its most-popular airplane, the narrowbody 737. Boeing has lagged behind in its orders because 737 Max was launched much before Airbus re-engines A320 neo. This was reflective when last minute increases in orders were visible from unidentified customers for single aisle aircraft. By December 20, Boeing had net orders of just 470 aircrafts. Read More »

SC proposes to cancel Aircel's 2G license


Anantha Krishnan, it may be remembered, is a majority-shareholder in Aircel, in what is now known as the Aircel-Maxis deal. "We can not tolerate a person to use rare national resources like spectrum and not honour the court's notice", the Bench said. Read More »