Sunday, 9 December 2018
Latest news
Home » Markets


Ford Motor (F) Releases FY17 Earnings Guidance


It has underperformed by 33.33% the S&P500. It was reported on Jan, 17 by . Hexavest owns 1.34M shares for 0.66% of their portfolio. Analysts await Applied Materials, Inc. The stock of Ford Motor Company (NYSE:F) has "Neutral" rating given on Friday, April 29 by Bank of America. (NYSE:HIG) earned "Hold" rating by Wells Fargo on Thursday, March 30. Read More »

Bitcoin plunges below $10000 following uncertainty in South Korea

However, due to their elusive pump and dump schemes, the recent fall may have little affect on their fortunes. Even if such a ban fails to materialise, South Korea could still impose strict new regulations on the market. Futures contracts also reflected the decline in price. "The action we're seeing may seem dramatic but is really quite normal for this market", Mati Greenspan, a senior market analyst at eToro, told CNBC . Read More »

RCom rejigs debt to exit SDR with zero write-off


Ambani, who entered the telecom business in 2002 after inheriting it as part of a truce to the bitter family feud following the death of his father, said the telecom business depends on continuous investments due to changing technologies and also the necessity to take services to newer pockets along with infrastructure development. Read More »

Man kicked off flight for wearing too many clothes


Ryan, who later managed to return to the United Kingdom on a Norwegian Airlines flight , said he was refunded by EasyJet and BA. Expecting to be able to stroll onto his flight, he was instead denied a boarding pass and turned away at Iceland's Keflavik Airport. Read More »

Citigroup reports first annual loss since 2009 on $22bn charge


Meanwhile the one-time write-down would do only negligible damage to its balance-sheet strength and may even have some salutary effects on the bank's relations with its investors. The bank already plans to return at least $60 billion worth of capital to investors through stock buybacks and dividends, a target executives reiterated on Tuesday. Read More »

US Stocks Dip After Martin Luther King Jr. Day

Indeed, the Dow Jones industrial average's more than 1,000-point rise from 25,000 to "26K" in the past seven trading days has some investment pros warning that the almost nine-year-old bull market may be entering its "euphoria phase" - which typically marks the final stage of a long, upward climb for stocks. Read More »

States Push Back after Net Neutrality Repeal


That said , the looming court battle remains the most-likely path toward any real success in reversing the FCC's repeal. The rules barred companies like AT&T, Comcast and Verizon from interfering with internet traffic and favoring their own sites and apps. Read More »

GE takes $6.2 billion charge


General Electric Co now has $162.69 billion valuation. The stock decreased 1.67% or $2.28 during the last trading session, reaching $134.3. About 33,798 shares traded. The company was maintained on Wednesday, October 11 by RBC Capital Markets. The stock of General Electric Company (NYSE:GE) earned "Sell" rating by Deutsche Bank on Monday, October 30. Read More »

Bitcoin plunges $1000 in an hour amid fears of escalating crackdowns

Nearly one month ago, cryptocurrencies were trading at their highest levels, while Bitcoin was moving towards the $20,000 mark. "Consumers need to be alert and extremely cautious as to avoid getting trapped in such Ponzi schemes", said the finance ministry, adding that virtual currencies were stored in digital/electronic format, making them vulnerable to hacking, loss of password, malware attack which might result in permanent loss of money. Read More »

YEP Says: Carillion collapse is far-reaching


Pressure is growing on the government to look at the executive pay at failed construction and outsourcer Carillion. Murray-Hinde said that many workers' employment will not automatically transfer to new service providers under TUPE, due to the terminal insolvency proceedings in which Carillion is involved. Read More »

UnitedHealth Group Incorporated (NYSE:UNH) Reaches a New Pinnacle


It has outperformed by 16.06% the S&P500. Daniel Lascano increased its stake in Alleghany Corp Del (Y) by 67.7% based on its latest 2017Q3 regulatory filing with the SEC. Its up 0.02, from 0.68 in 2017Q2. Piper Jaffray Companies began coverage on shares of UnitedHealth Group in a research report on Tuesday. 112 funds opened positions while 408 raised stakes. Read More »

No-deal Brexit to cost Scotland $17.4B by 2030


Sturgeon called on the government to "stop being driven by the obsessions of the hard Brexit wing of the Conservative Party". The First Minister said: "For the sake of jobs, the economy and the next generation, today we are calling on the UK Government to drop its hard Brexit red-lines so that Scotland and the UK can stay inside the single market and customs union". Read More »

FDA Approves Olaparib for Breast Cancer With a BRCA Gene Mutation


In a commentary accompanying the study, Peter Fasching, from Friedrich-Alexander University Erlangen-Nuremberg in Germany, wrote: "Understanding prognosis in young patients is important because patients with BRCA mutations are at increased risk of developing specific conditions, such as secondary cancers". Read More »

Ring in New Year legally when using fireworks


As the clock strikes midnight, the new year is often welcomed by the sights and sounds of fireworks. "By 6 p.m., there will be a line to the door or out the door and by 9 p.m". "We're looking to accommodate a lot of guests", owner Paul Kulik said. The evening light show and the midnight fireworks display are also still a go, as is the presentation of Nimidiwin at the nearby Canadian Museum of History. Read More »

Diet Coke Gets Brand Makeover In Bid To Attract Millenials

The Coca-Cola Company has announced that it is updating its Diet Coke brand, in a bid to appeal to younger consumers. Launched with great fanfare in Paris in January 2016, the project drew the four different Coke versions - regular, Diet, Zero and Life - into one unified look that attempted to spread Coca-Cola's awesome brand power more evenly. Read More »

Sam's Club To Close 63 Locations


Audio will be available later today . The local store on El Camino Avenue appears to be among those that will close permanently within a couple of weeks. The U.S. supermarket chain's extra spending on hourly wages is just a sliver of what it could save in tax, though - and a tight labor market is likely to have been a more potent driver. Read More »

USA core inflation hits 11-month high


The US central bank hiked borrowing costs three times in 2017. Friday's report on consumer prices offered the latest evidence to support the Fed's view that decelerating price pressures last spring would prove transitory. The core rate on the Consumer Price Index, a proxy on the underlying inflation trend that excludes volatile food and energy prices, grew 0.3 percent last month, which was the biggest monthly gain in 11 months. Read More »

Stop Driving Notice : 2006 Ford Ranger Vehicles


According to the National Highway Traffic Safety Administration, Ford will "send mobile fix teams to owners' homes, tow vehicles to a local dealership for fix, and provide loaner vehicles - all free of charge". There has been a linkage of faulty airbag inflators to over 180 cases of injuries and 20 deaths, mostly in the United States. NHTSA must do more , he said, to make the recall a priority. Read More »

Sam's Club to close seven Illinois locations


Many workers learned that their store would be closing only after showing up and seeing locked doors and a notice of the closure. " Sam's Club contracted a private security company who stationed an officer outside the store to inform the public of its closure". Read More »

Walmart Raises Its Minimum Wage and Gives Bonuses


Officials said the $1,000 bonus would go to those with 20 or more years of Walmart employment. The company cited tax legislation that will help it save money, but the moves also reflect the tight labor market in which employers are competing for workers. Read More »

Pakistan raises concern over ISRO satellite launch scheduled for today


After failure of its last mission, this launch remains tricky as the ISRO will be attempting a two-orbit feat for the second time. Isro is now reaching a stage where it can launch one satellite a month, but that must be increased to at least two launches a month which means the space agency can do 18-24 launches a year to meet the demand, immediate past chairman of Isro A S Kiran Kumar had told TOI. Read More »

Toyota, Mazda plan to build factory in Alabama


It will be able to build 300,000 vehicles per year and will produce the Toyota Corolla compact auto for North America and a new small SUV from Mazda, the companies have said. In October, Toyota said it would scale back investment in a planned plant in Mexico by 30 percent to $700 million and cut planned annual capacity in half to 100,000 vehicles as it shuffles its production plans to meet market demands. Read More »

Former Browns HC Mike Pettine to Become Packers Defensive Coordinator


Pettine worked as a consultant for the Seattle Seahawks last season. Pettine replaces Dom Capers , who was sacked after spending nine seasons as Green Bay's defensive coordinator. They had also had their eyes on Vic Fangio and Gus Bradley , but they didn't wait to interview them before deciding on Pettine for the job. The #Packers have wrapped up their period of uncertainty: Joe Philbin is the offensive coordinator. Read More »

Jeff Bezos Is Now Richest Person In History


Amazon's share price, and therefore Bezos' net worth, has jumped significantly since September. Amazon shares rose 6.6 percent in 2017 and the company secured 89 percent of the online US spending market this holiday season among dominant stores. Read More »

Ford F-150 Won't Leave Diesel Fans Stranded

For 2018, stronger axles coupled with the F-150's boxed, high-strength steel frame make for a more robust package. In 2014, Ford approved development of a hybrid F-150, which analysts assume will come to market regardless of any Trump Administration efforts to roll back current fuel-economy targets. Read More »

Nvidia unveils new self-driving auto tech, Uber partnership at CES


The systems can be updated throughout the life of the vehicle via software updates, and can gain new capabilities as further developments are made in autonomous driving , Volkswagen said . Xavier's specs include 9 billion transistors, a custom version of the company's powerful Volta GPU, and a whole bunch of other complex numbers that make Xavier the biggest chip of its kind. Read More »

Aaron Taylor selected for College Football Hall of Fame


The inductees will be permanently enshrined at the College Football Hall of Fame in Atlanta later that December and honored on the field during the 14th Annual National Hall of Fame Salute during the Chick-fil-A Peach Bowl. He is the 34th player or coach from MI to be inducted into the College Football Hall of Fame. The other members are Trevor Cobb (Rice), Kerry Collins (Penn State), Dave Dickenson (Montana), Dana Howard (Illinois), Paul Palmer (Temple), Matt Stinchcomb ... Read More »

Ex-engineer sues Google for discriminating against conservative white males


James Damore , the Google employee who was sacked after circulating an anti-diversity memo last August, isn't over his dismissal apparently as he has now filed a lawsuit against his former employer. At least one US congressman and numerous commentators, some representing the far right, have blasted the company's decision, accusing it of suppressing free speech. Read More »