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Ex-Goldman Sachs banker Steve Mnuchin confirmed as Trump's Treasury Secretary

Democrats were unable to block Mnuchin, as they are outnumbered by a largely unified bloc of Republicans, 52-48. The Senate has now confirmed personnel for 11 of the top positions in the Trump administration. Senator Debbie Stabenow of MI said: "Mr. Mnuchin has made his career profiting from the misfortunes of working people". "I simply can not forgive somebody who took a look at that banking crisis and took a look at the pain that Wall Street had sent in a wave across all of America, ... Read More »

Tata Motors Q3 profit tanks 96% on weak JLR operational nos

The company posted a net profit of Rs 112 crore in Oct-Dec, compared to Rs 2,953 crore in the corresponding quarter a year earlier. The consensus of analysts tracked by Bloomberg had pegged the bottom line at Rs 2,265 crore. "JLR had lower wholesale volumes", C. Ramakrishnan, chief financial officer of Tata Motors, said at a briefing in Mumbai. Medium and heavy commercial vehicle segment witnessed major pressure with a fall of 9 per cent and LCV segment was overall flat. Read More »

Discovery Profit Jumps in Q4, But Company Misses Revenue Mark

The difference between Actual EPS and Estimated EPS was -0.04 Percent. The mean PT for this stock is at $27.80 while the max. level suggested by the brokerage firms is $35.00 and min. DISCOVERY COMMUNICATIONS INC ., formerly Discovery Holding Company, is a holding company that conducts operations through its two wholly owned operating subsidiaries, Ascent Media Group, LLC and Ascent Media CANS, LLC, and throught its 66.66% owned equity affiliate Discovery Communications Holding, LLC. Read More »

Heineken Snaps Up Kirin's Brazilian Assets

Its brands include value beer brand Schin and Devassa, as well as speciality and premium brands including Baden Baden and Eisenbahn. Heineken will pay about 660 million euro to acquire Kirin's entire Brazilian branch, which actually generates a 1.1 billion euro turnover. Read More »

Reckitt-Mead Deal Needs Enriched Formula in China


Mead Johnson, which has only a small presence in the United Kingdom, had sales of $3.7bn in 2016, will receive $90 per share, almost 30pc more than its share price on February 1. Reckitt Chief Executive Rakesh Kapoor insisted long-term growth was at the heart of the deal, which increases his company's exposure to emerging markets, . Read More »

JC Penney Company Inc (JCP) Moves on Morgan Stanley Upgrade

The Company got Downgrade by Credit Suisse on 18-Jan-17 from Neutral to Underperform. Holding Company (NYSE:JCP) last announced its earnings results on Friday, November 11th. On 2/08/2017, Vetr Inc. released a statement for J C Penney Company Inc (NYSE: JCP ) bumped up the target price from $0.00 to $7.76 that suggested an upside of 0.13%. Read More »

Dakota Access owner and tribes opposing pipeline meet in court


The Standing Rock Sioux later joined the request. "We are contending that the waters of Lake Oahe are sacred to Cheyenne River and all of its members, and that the very presence of a pipeline, not only construction but possible oil flow through that pipeline, would obstruct the free exercise of our religious practices." The company only needs to build a final 1,100-foot (335 meter) connection in North Dakota under Lake Oahe, part of the Missouri River system, to complete the pipeline. Read More »

Co-Op Bank up for sale

There is a view in the City that in the next few months the Co-op bank will embark on another dramatic restructuring, including converting bondholders into equity. "As we go through the process, it remains very much business as usual, and our number one priority is to continue to provide the high quality service that is valued by our customers", he said. Read More »

The Restaurant Brands International Inc. (QSR) Set to Announce Earnings on Monday

The firm has a 50-day moving average price of $49.09 and a 200 day moving average price of $46.82. Restaurant Brands International has a 52-week low of $42.77 and a 52-week high of $67.45. The business has worked on expanding the footprint of Tim Hortons in both the United States as well as internationally. Aviva PLC now owns 147,017 shares of the company's stock worth $6,990,000 after buying an additional 8,127 shares in the last quarter. Read More »

Teva Pharmaceutical Industries Limited (TEVA) Shares Bought by Accident Compensation Corp

Price Target plays a critical role when it comes to the Analysis of a Stock. The Closing price of Teva Pharmaceutical Industries Limited (NYSE: TEVA ) at Last Earnings was $40.65 as compared to the previous closing price of $32.25. Several other hedge funds and other institutional investors also recently modified their holdings of TEVA . Teva Pharmaceutical Industries Limited (NYSE: TEVA ) stock ended Friday session in the red zone in a volatile trading. Read More »

Grand Prairie Woman Sentenced To 8 Years In Prison For Voter Fraud


While Ortega is a legal resident of the US, she is not a USA citizen. However, the Dallas County election administrator said Ortega had filled out a voter application and checked that she was a citizen in 2015. In spite of all evidence to the contrary, Trump's senior advisor Stephen Miller appeared on United States television yesterday to repeat unfounded claims of mass voter fraud in the United States election. Read More »

Melissa McCarthy returns as an angrier Sean Spicer

Seemingly having taken the actual Spicer's advice to " dial back " to heart, actor Melissa McCarthy returned with " new Spicy " only one week after debuting her character. "I do want to say I appreciate the fierce debate around my nomination", McKinnon's Sessions said. As The Associated Press reported, a federal appeals court refused Thursday to reinstate President Donald Trump's ban on travelers from seven predominantly Muslim nations , unanimously rejecting the administration's claim ... Read More »

Reactor shut down after explosion at EDF nuclear site


EDF said in a statement: "At 9.40 this morning, a fire resulting in a minor explosion broke out in the turbine hall on the non-nuclear part of unit one at the Flamanville nuclear power plant". The nuclear plant located in the Flamanville commune has two pressurized water reactors that produce 1.3 GWe (gigawatt electrical) each. The cause of the explosion remains unknown, but authorities have ruled out sabotage. Read More »

China's exports and imports surge


China bought 92 million metric tons of iron ore from global markets last month, up by 12 percent year-on-year, with an average price of 525 yuan per ton. Meanwhile, the significant recovery in January's imports was driven by commodity imports. Exports of machinery and electronics rose more than 16 percent in January, and accounted for more than half of the country's total exports. Read More »

World's heaviest woman Eman Ahmed from Egypt arrives in Mumbai

She was transported by a fully equipped truck which was followed by an ambulance and police who escorted her to Saifee Hospital at Charni Road, where a special room has been built for her inside the premises of the hospital. Two years ago, Eman was able to crawl around on her knees. On Friday Eman boarded the Egypt Air aircraft which has been furnished with all the equipment required in case of an emergency such as a portable ventilator, portable defibrillator, oxygen cylinders, intubating ... Read More »

PSL 2017 opening ceremony held in Dubai

Earlier, the PSL chairman confirmed that PSL final would be held at Lahore. No major teams have returned since then. As per the PSL officials, PCB has assured foreign players that they will be provided state guest-level security, reported Dawn . Read More »

Expect 'phenomenal' announcement on taxes in coming weeks


In a White House meeting with airline executives, Trump promised a " phenomenal " tax plan, but offered no specifics other than citing the need to a lower tax burden on businesses. Oil prices held onto gains on Thursday with US prices rising on evidence that gasoline demand could strengthen in the world's biggest oil market, although bloated crude supplies meant that fuel markets remain under pressure. Read More »

Three Keys for Duke Basketball in Tobacco Road Rivalry Game

ABOUT DUKE (18-5, 6-4): The Blue Devils have used nine different starting lineups this season as they've struggled to find continuity due to numerous key injuries. Steven Haney scored 12 points and Brandon Brown and Buay Tuach each had 11 points for Loyola Marymount (11-13, 4-9), which trailed 50-28 at halftime and was outscored 40-32 in the second half. Read More »

Ford to invest $1 billion in artificial intelligence for your auto


The automaker has acquired majority ownership of Pittsburgh, Penn. -based Argo AI, which was founded by Google and Uber self-driving auto veterans Bryan Salesky and Peter Rander . The Argo AI team will initially focus on supporting Ford's autonomous vehicle development and production efforts, but may in the future look to license this technology to other companies. Read More »

Sensex rebounds 173 points, Nifty tops 8800 in early trade

Similarly, the NSE index Nifty was trading lower by 53.30 points, or 0.60 per cent, at 8,715. Nifty surged over 45 points or 0.52 per cent to start morning trade at 8,814.85 level. However, Cipla rose by 1.62 per cent, Wipro 1.33 per cent, Tata Motors 1.30 per cent, M&M 1.20 per cent, GAIL 1.09 per cent and TCS 1.08 per cent. On the other hand, ITC (1.03%), Axis Bank (0.79%), Dr Reddy'S Laboratories (0.70%), Infosys (0.66%), Housing Development Finance Corporation (0.46%), and ICICI Bank ... Read More »

Seattle to cut ties with Wells Fargo over Dakota Access pipeline


The bank is one of the financial institutions that is financing the Dakota Access Pipeline. The vote makes Seattle the first major city to pull funds from a bank for financing the pipeline. In the wake of the scandal, Wells Fargo reformed its sales incentive practices for employees. The Standing Rock Sioux tribe and thousands of supporters have protested an unfinished section in North Dakota for months, saying the project threatens drinking water and would disturb sacred land. Read More »

Moyes looks to Sunderland to build on Palace win


Provisional squad: Mannone, Mika, Jones, Manquillo, Oviedo, Love, O'Shea, Kone, Lescott, Denayer, Ndong, Gibson, Larsson, Borini, Pienaar, Januzaj, Gooch, Honeyman, Defoe, Maja. The injury to Rodwell is a big blow after a big improvement in his performances in recent weeks. Most managers sell trips to Arabia - or, for those on a budget, Spain - to their boards as health kicks so Moyes is flouting convention by concentrating on his players' minds more than their bodies. Read More »

Yum! Brands, Inc. (NYSE:YUM) Shares are up 0.54% Thursday's Premarket


If you are accessing this article on another site, it was illegally stolen and republished in violation of United States and global copyright legislation. The stock now has an average rating of "Hold" and an average target price of $83.47. The original version of this article can be viewed at Read More »

Disruptions at top two copper mines threaten global supply

Standard Chartered estimated that more than 5,000 tonnes of copper production would be lost each day that both BHP and Freeport were curtailing or halting output at their mines. Escondida's processing plants, which had begun going offline on Wednesday, are now completely stopped, the union added. The threat of the output reductions also boosted Shanghai Futures Exchange copper by almost 2 percent. Read More »

Coca-Cola Company (The) (KO) Issues Earnings Results, Hits Expectations

The heightened volatility saw the trading volume jump to 1,33,15,185 shares. Overweight rating was issued by 2 and Underweight rating was suggested by 0 Investors should trade with caution and watch out for further signals. In the liquidity ratio analysis; quick ratio for most recent quarter was 0.90 while current ratio for time period was 1.10. For the current year, the company expects earnings to fall 1 percent to 4 percent from 2016's earnings of $1.91 per share. Read More »

Current Mortgage Rates at BoA, Chase Bank Feb 9, 2017


The index also found January was a good month for short-term tracker products, with two year buy to let tracker rates again at an average of just 2.81 per cent, having remained unchanged from December. The adjustable-rate mortgage share of activity increased to 6.9% of total applications. The short term, popular 15 year fixed rate mortgages can be had for 3.710% today and an April of 3.894%. Read More »

High Court quashes State plan to close Dadaab

Rights groups had previously pleaded with the Kenyan government to reconsider the decision to close the camp but to no avail. An aerial view of parts of Dadaab, the world's largest refugee camp, in northern Kenya in 2012. The Dadaab camp in Kenya is home to more than 300,000 people on the Kenya-Somalia border. Amnesty International also confirmed the news on its official Twitter account, saying that the court had said no to the closure of the camp. Read More »