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Business

The OECD also warned of risks linked to the Group of 20 countries having total debt amounting to over 200 per cent of economic output, and stock valuations being at their highest since the early part of the century. "In Japan, where underlying inflation and inflation expectations remain low, current stimulus measures need to be continued to help achieve the inflation target", the OECD said.
  • Tata Sons selling $1.25 billion worth of TCS shares

    Tata Sons selling $1.25 billion worth of TCS shares

    Business

    The stock had hit a high of Rs 2,929 and a low of Rs 2,885.20 so far during the day. Shares of Tata Consultancy fell as much as 5.9 percent in Tuesday trading. This is a discount of around 6 per cent to the closing price of Rs 3051.85 of the TCS scrip on the Bombay Stock Exchange on Monday. Incidentally, the partial stake sale by Tata Sons in TCS comes at a time when market sentiment vis-a-vis IT services companies have improved as the United States economy picks up even as the sector is ...
  • Twitter kills a slew of popular accounts in 'tweetdecking' purge

    Twitter kills a slew of popular accounts in 'tweetdecking' purge

    Business

    Twitter users hated accounts like Common White Girl, which were popular with the " locals ", and now people are celebrating. However, Twitter thinks that manufactured virality through theft or mass-retweeting is not a good thing. Tweetdeckers were very upset at the news even though it is not the first time the platform suspends them. Now the accounts-which racked up millions of followers and stole amusing tweets without giving credit-are actually gone from Twitter .
  • Oil down 1% on continued concerns over US output

    Oil down 1% on continued concerns over US output

    Business

    April West Texas Intermediate crude fell 68 cents , or 1.1%, to settle at $61.36 a barrel on the New York Mercantile Exchange. That has undercut some of the enthusiasm for oil, as investors weigh increased USA supply against the likelihood that the Organization of the Petroleum Exporting Countries and non-OPEC producers will maintain supply cuts that have been in effect for more than a year.
  • Analyst rating score for ZIOPHARM Oncology, Inc. (ZIOP) stands at 2.50

    Business

    Technical analysis of ZIOPHARM Oncology, Inc . About 220,757 shares traded. ZIOPHARM Oncology (NASDAQ:ZIOP) opened at $3.83 on Friday. It has underperformed by 14.95% the S&P500. Pinnacle Associates Ltd increased Delphi Automotive Plc (NYSE:DLPH) stake by 9,340 shares to 61,215 valued at $6.02 million in 2017Q3. Earnings per share is the portion of a company's profit allocated to each outstanding share of common stock.
  • Santa Clarita is 16th Happiest City in USA — WalletHub Survey

    Santa Clarita is 16th Happiest City in USA — WalletHub Survey

    Business

    Almost 200 USA cities were evaluated on the basis of 28 indicators of happiness - including depression rate, income-growth rate and average leisure time spent per day. (No. 3), Bismarck, North Dakota (No. 2) and Fremont , Calif. To make the list, WalletHub rated more than 180 of the largest cities in the USA on 28 key indicators of happiness, including everything from the rate of people who got adequate sleep to the average amount of hours worked each week and the separation and divorce ...
  • Costco Wholesale (COST) Lowered to Buy at BidaskClub

    Business

    The stock of Costco Wholesale Corporation (NASDAQ: COST ) earned "Buy" rating by Oppenheimer on Thursday, August 31. RBC Capital Markets maintained Genesee & Wyoming Inc. Investors sentiment decreased to 0.7 in 2017 Q3. Its up 0.33, from 1.07 in 2017Q2. It fall, as 69 investors sold COST shares while 383 reduced holdings.
  • Express Scripts (ESRX) Raised to Buy at BidaskClub

    Business

    The stock decreased 1.42% or $1.15 during the last trading session, reaching $79.6. About 439,553 shares traded or 42.69% up from the average. News stories about Express Scripts (NASDAQ:ESRX) have been trending somewhat positive recently, Accern Sentiment reports.
  • Ryan: Trump's planned steel, aluminum tariffs too broad

    Ryan: Trump's planned steel, aluminum tariffs too broad

    Business

    In 2017, Indian steel exports to the U.S. accounted for only 5% of the total. Summers said tariffs would actually worsen deficits by making US companies that ship steel and aluminum overseas less competitive, and by inviting foreign retaliatory tariffs against other exports.
  • Has $556000 Stake in Time Warner Inc (NYSE:TWX)

    Has $556000 Stake in Time Warner Inc (NYSE:TWX)

    Business

    S Muoio & Company who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $75.45 billion market cap company. The stock increased 0.50% or $0.47 during the last trading session, reaching $95.26. On Monday, November 2 the stock rating was maintained by S&P Research with "Strong Buy". (NYSE:TWX) earned "Hold" rating by Cowen & Co on Tuesday, October 10.
  • Trump blocks Broadcom's $117 billion takeover of Qualcomm with executive order

    Trump blocks Broadcom's $117 billion takeover of Qualcomm with executive order

    Business

    Southern Company now has $44.12B valuation. The stock decreased 1.01% or $0.62 during the last trading session, reaching $60.66. QUALCOMM Incorporated (NASDAQ: QCOM ) has risen 9.31% since March 12, 2017 and is uptrending. As per Friday, November 3, the company rating was maintained by Citigroup. As per Monday, September 25, the company rating was maintained by Robert W.
  • Judge Rules Users Can Sue Company Over Hack

    Judge Rules Users Can Sue Company Over Hack

    Business

    Verizon Communications (NYSE:VZ), which purchased Yahoo's internet business last June, attempted to have the claims dismissed. California judge Lucy Koh rejected a bid by Verizon, which bought the internet giant a year ago, to dismiss a large portion of the claims, including breach of contract, deceit and concealment, and negligence.
  • Increases Morgan Advanced Materials (MGAM) Price Target to GBX 335

    Business

    The companyÂ's stores and e-commerce Website offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags for women. Keefe Bruyette & Woods maintained the stock with "Hold" rating in Monday, December 4 report. On Friday, May 26 the stock rating was maintained by Panmure Gordon with "Buy".
  • Bound flight makes emergency landing at Sunport

    Bound flight makes emergency landing at Sunport

    Business

    Emergency services including the Albuquerque Fire Department , the Kirtland Air Force Fire Department and paramedics waited on the Albuquerque International Sunport runway as the plane landed. The airport tweeted their praise of the firefighters " for a quick response ". "Just made an emergency landing in Albuquerque". Upon landing the flight attendants told passengers, "keep your heads down, evacuate the plane, and to leave their bags on the aircraft".
  • The Cisco Systems, Inc. (CSCO) Stake Decreased by Covenant Asset Management LLC

    Business

    As of writing, Cisco Systems, Inc.'s RSI stands at 65.36. It has underperformed by 3.50% the S&P500. Alphamark Advisors Llc decreased Centene Corp (CNC) stake by 6.8% reported in 2017Q3 SEC filing. At the end of 12/31/2017 reporting period, 1,043 institutional holders increased their position in Cisco Systems, Inc. Investors sentiment decreased to 1.02 in Q3 2017.
  • Dominant platforms have ruined the web, says Berners-Lee

    Dominant platforms have ruined the web, says Berners-Lee

    Business

    On the World Wide Web's 29th birthday, the technology's inventor, Sir Tim Berners-Lee, has published an open letter highlighting some of the biggest threats the internet is facing nowadays, and has suggested a few solutions. "On both points, we need to be a little more creative", he writes towards the end of the letter. Berners-Lee points out that these key companies control which "ideas and options are seen and shared" at a key point in history, with the number of people with internet ...
  • Average price of USA gas remains steady at $2.59 a gallon

    Average price of USA gas remains steady at $2.59 a gallon

    Business

    That's also up about 24 cents from this time a year ago. In Greater Cleveland, prices ranged from a high of $2.59 a gallon on the southwest side of Cleveland on Brookpark Road to a low of $2.17 at Costco in Avon and Sam's Club in Sheffield Village, according to GasBuddy, which relies on its consumer members to report prices as they see them.
  • Air Canada check-in counters back online after massive outage

    Air Canada check-in counters back online after massive outage

    Business

    He said Air Canada contacted the airport at 10 a.m.to say the problem stemmed from an IT issue. Officials say they have implemented temporary measures to "maintain a limited operation" while the airline's IT department works to identify the issue and restore service.
  • 'We Did Very Well' Says Arsene Wenger On Their Victory Over Watford

    'We Did Very Well' Says Arsene Wenger On Their Victory Over Watford

    Business

    Now on a more serious note, it was nice to see Aubameyang and Mkhitaryan link up today as it was so reminiscent of Dortmund, but the best thing that happened was Deeney missing a penalty which Cech actually saved! Deeney had infuriated Arsenal by accusing them of a lack of "cojones" after Watford beat Wenger's men in October.
  • Colorado's unemployment rate in January remained below the national rate

    Colorado's unemployment rate in January remained below the national rate

    Business

    The state's unemployment rate remained below the national rate of 4.1 percent. North Carolina's unemployment rate in January didn't move from the 4.5 percent mark where it's been for three previous months. The December rate was raised two-tenths of a point in a routine revision from the preliminary rate of 2.7 percent, the department said. Over the year, the Kansas economy added 9,100 nonfarm jobs, or 0.6 percent, the department said.
  • Teen Gets College Scholarship After Random Act of Kindness

    Teen Gets College Scholarship After Random Act of Kindness

    Business

    She and her mother were brought to tears when she was presented with a 16-thousand dollar scholarship to Texas Southern University. According to Laura Wolf, who posted the image on Facebook , Evoni immediately took his plate and began cutting his food for him.
  • Goldman Sachs' Harvey Schwartz exits, clearing way for new CEO

    Goldman Sachs' Harvey Schwartz exits, clearing way for new CEO

    Business

    Solomon and Schwartz have been directly competing for a shot at the top job since being promoted to co-presidents in late 2016, after Gary Cohn left to join Donald Trump's administration. He added: "I look forward to continuing to work closely with David in building our franchise around the world, serving our expanding client base and delivering strong returns for our shareholders".
  • Sensex today: ITC, Tata Steel top movers; index gains over 250 points

    Sensex today: ITC, Tata Steel top movers; index gains over 250 points

    Business

    NTPC climbed 4.33 per cent after Moody's Investors Service has assigned a Baa2 rating to the proposed senior unsecured Dollars notes to be issued by NTPC Limited. In the global markets, a relief rally swept across Asian share markets after the latest United States jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes.
  • E.ON to acquire RWE's stake in Innogy in EUR22bn deal

    E.ON to acquire RWE's stake in Innogy in EUR22bn deal

    Business

    Binding agreements have not yet been concluded, they said. After the completion of the transaction, RWE is expected to combine ownership of the renewables businesses of E.ON and innogy to create one of the major European utilities for renewables.
  • Intel mulling bid for Broadcom

    Intel mulling bid for Broadcom

    Business

    The Intel spokeswoman said , "That being said, we have made important acquisitions over the past 30 months - including Mobileye and Altera - and our focus is on integrating those acquisitions and making them successful for our customers and shareholders".
  • Melrose ups 'final' offer for GKN to 8.1 billion pounds

    Melrose ups 'final' offer for GKN to 8.1 billion pounds

    Business

    The 467p-a-share offer values GKN at £8.1 billion. In a letter to GKN shareholders, Melrose chairman Christopher Miller criticised its takeover target's management team for refusing to hold discussions over the offer and slammed recent moves by GKN to sell its Driveline automotive business.
  • The Twenty-First Century Fox Inc (FOX) Shares Bought by Emory University

    Business

    There is no guarantee that when share prices reach a 52 week low, the stock will begin to trade higher - it could break down to an even lower level. Analysts await Twenty-First Century Fox, Inc . Fruth Invest owns 8,200 shares or 0.1% of their USA portfolio. It is negative, as 83 investors sold QCOM shares while 490 reduced holdings. Voya Inv Mgmt Lc invested 0.02% of its portfolio in Omega Healthcare Investors, Inc.
  • Trump says quitting adviser could return to administration

    Trump says quitting adviser could return to administration

    Business

    Liddell, a White House official who was an executive at Microsoft, to succeed departing Gary Cohn as the top economic adviser, a media report said . Cohn, who heads the National Economic Council, had purportedly debilitated to leave after Trump's combustible remarks following the risky race revolt in Charlottesville, Virginia.
  • Republicans 'extremely worried' by Trump's metal tariffs plan

    Republicans 'extremely worried' by Trump's metal tariffs plan

    Business

    Mr Mackenzie said free trade was the "lifeblood and promoter of health" of the global economy , and he expects it to flourish despite the recent developments in the US. The threats of a trade war come as the US, Canada and Mexico continue their efforts to renegotiate the terms of the North American Free Trade Agreement (NAFTA).
  • (NASDAQ:MSFT) is Caldwell & Orkin Inc.'s 2nd Largest Position

    Business

    The stock increased 0.24% or $0.01 during the last trading session, reaching $6.36. About 12.84 million shares traded. Microsoft (NASDAQ: MSFT ) last issued its quarterly earnings results on Wednesday, January 31st. Burney Com holds 0.65% or 145,039 shares in its portfolio. Colonial stated it has 182,347 shares. Cs Mckee Limited Partnership holds 3.56% or 615,975 shares in its portfolio.
  • Bank of America (BAC) Rating Increased to Buy at Vetr

    Business

    Marathon Trading Investment Management Llc sold 40,013 shares as the company's stock declined 6.00% while stock markets rallied. The institutional investor held 382,153 shares of the major banks company at the end of 2017Q3, valued at $9.68M, up from 319,666 at the end of the previous reported quarter.
  • Itau Unibanco Holding SA Sells 963 Shares of Adobe Systems Incorporated (ADBE)

    Business

    Wells Fargo & Company MN now owns 2,956,394 shares of the software company's stock worth $441,035,000 after acquiring an additional 59,616 shares during the period. Old West Investment Management Llc, which manages about $207.40M and $190.43 million US Long portfolio, decreased its stake in Air Lease Corp (NYSE:AL) by 10,331 shares to 50,429 shares, valued at $2.15 million in 2017Q3, according to the filing.
  • Southwestern Energy (NYSE:SWN) Upgraded to

    Southwestern Energy (NYSE:SWN) Upgraded to "C-" by TheStreet

    Business

    Last trading transaction put the stock price at $4.16. It has underperformed by 57.70% the S&P500. Capital Innovations Llc increased Pioneer Nat Res Co (PXD) stake by 102.99% reported in 2017Q3 SEC filing. Stevens Capital Management Ltd Partnership holds 22,104 shares or 0.01% of its portfolio. Reilly Advsrs invested 0% in Huntsman Corporation (NYSE:HUN).
  • General Electric (GE) Shares Sold by Amica Mutual Insurance Co

    Business

    Currently Analysts have a mean recommendation of 2.20 on the shares. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2018/03/10/brandywine-global-investment-management-llc-raises-position-in-american-electric-power-company-inc-aep.html.
  • Kwmg LLC Has $1.89 Million Stake in Gilead Sciences, Inc. (GILD)

    Business

    Meyers James R sold $8.02M worth of Gilead Sciences, Inc . The stock increased 0.70% or $0.08 during the last trading session, reaching $11.57. About 1,373 shares traded. The Company has the market capitalization of $104.65B. The companyÂ's CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, AMP NETCONNECT, and Uniprise brands; and fiber ...
  • Verizon Communications INC (VZ) Position Lifted by National Asset Management Inc

    Business

    Verizon Communications Inc now has $202.31B valuation. It is down 8.48% since March 10, 2017 and is downtrending. It has underperformed by 25.18% the S&P500. (NYSE:VZ) rating on Monday, April 18. Alps Advisors Inc. lifted its stake in Verizon Communications by 5.2% in the 2nd quarter. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have assigned a buy rating to the stock.
  • E&G Advisors LP Increases Holdings in Bristol-Myers Squibb Co (BMY)

    Business

    Franklin Resources Inc. now owns 6,098,935 shares of the biopharmaceutical company's stock valued at $339,830,000 after acquiring an additional 3,960,191 shares during the last quarter. It turned negative, as 69 investors sold SLB shares while 596 reduced holdings. A number of institutional investors and hedge funds have recently made changes to their positions in BMY .