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Business

Alps Advisors Inc. now owns 30,795 shares of the cell phone carrier's stock valued at $140,000 after buying an additional 19,369 shares in the last quarter. Based on a recent bid, this stock (S) was trading at a distance of 0.61% from 20 days simple moving average, and its distance from 50 days simple moving average is -1.68% while it has a distance of -22.87% from the 200 days simple moving average.
  • Jet Airways Too Steps Back From Buying Stake in Air India

    Jet Airways Too Steps Back From Buying Stake in Air India

    Business

    Two weeks after the civil aviation ministry came out with the preliminary information memorandum (PIM) on Air India's strategic disinvestment, the nays seem to be coming faster than any expressions of interest. May 14 has been set as the last date for submitting Expression of Interest in the bidding of Air India and the government hopes to announce the successful victor on May 28.
  • British Gas raising energy prices by 5.5 percent from 29 May

    British Gas raising energy prices by 5.5 percent from 29 May

    Business

    British Gas announced Tuesday it will increase the energy prices for standard tariffs by an average of 5.5 percent in May, affecting 4.1 million households in the United Kingdom. Are you a British Gas customer? The firm repeated its suggestion that the government should shift green policy costs off energy bills and on to general taxation.
  • As Diesel Scandal Fades, VW Is Planning to Replace Its CEO

    As Diesel Scandal Fades, VW Is Planning to Replace Its CEO

    Business

    The firm said Mueller had already indicated his "basic willingness to play a part in the changes". Volkswagen said in a short statement that board of directors Chairman Hans Dieter Poetsch was in discussions with top managers about their duties and that the result was "currently open".
  • Iceland Ireland Removes Palm Oil From Own Label Food

    Iceland Ireland Removes Palm Oil From Own Label Food

    Business

    Winning over supermarkets could have an even larger impact - Iceland's decision alone will reduce the demand for palm oil by 500 tonnes a year. What it means: Palm oil is in nearly everything, from soap, to peanut butter, to biscuits.
  • Danny Welbeck opens up about the miss that's being overly-exaggerated

    Danny Welbeck opens up about the miss that's being overly-exaggerated

    Business

    Although, the often criticised Wellbeck would be the Gunners hero when he netted a 81st minute victor to secure the victory and Arsenal's third league victory in a row. 'I know I can link up with plenty of the players in this team'. Red mist descended in stoppage time as first Stephens was dismissed, for a shove on Jack Wilshere in retaliation for having his shirt ripped, and then Elneny marched off for pushing Cedric.
  • Ben & Jerry's celebrates National Cone Day with free ice cream

    Ben & Jerry's celebrates National Cone Day with free ice cream

    Business

    This year's ice cream extravaganza will take place on Tuesday 10 April between 12pm and 8pm. Today, you can get your fix for FREE! Free Cone Day is about more than just free ice cream. "Just get back in line for another free cone". NUTTY FOR BUTTIES Brits will eat 18,000 sandwiches in a lifetime and spend over £48k - but can you guess UK's fave? Iconic flavors include Chocolate Chip Cookie Dough and Cherry Garcia.
  • Monsanto stock jumps after report Justice Department to OK Bayer deal

    Monsanto stock jumps after report Justice Department to OK Bayer deal

    Business

    Monsanto Company had 61 analyst reports since August 25, 2015 according to SRatingsIntel. Bright Rock Capital Management LLC boosted its position in shares of Monsanto Company (NYSE:MON) by 7.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
  • Alibaba puts $600m into most valuable AI start-up

    Alibaba puts $600m into most valuable AI start-up

    Business

    The fundraising comes during a government push to make China an global leader in artificial intelligence (AI) by 2025, by which time it aims to grow core AI industries´ value to 400 billion yuan ($63.33 billion). SenseTime Group Ltd., formed in 2014, is focused on "computer vision and". SenseTime is a little-known AI firm with a valuation reportedly higher than $3 million.
  • China, India to be economic booster for Asia, world

    China, India to be economic booster for Asia, world

    Business

    Global stock markets rose Monday amid uncertainty about an escalating U.S. Oil markets also extended strong gains Tuesday, rising almost 2 percent after Xi's comments. "Today's message from Xi contained nothing really new but it seemed like a conciliatory tone and so the market is just grabbing at that", said Peter Garnry, head of equity strategy at Saxo Bank in Copenhagen.
  • 'IGI among world's top 20 busiest airports'

    'IGI among world's top 20 busiest airports'

    Business

    According to a press release, despite their lower rank, Singapore airports enjoyed passenger traffic higher by 6% YoY at 62.22 million. Total global freight rose 9.9%. Delhi International airport has already made a master plan to expand the Terminal 1. Among those pushing out JFK was New Delhi's Indira Gandhi International Airport that made its debut on the table past year at No.
  • Uber Acquires Cycle-Sharing Startup JUMP Bikes

    Uber Acquires Cycle-Sharing Startup JUMP Bikes

    Business

    In February, everybody's favourite it's-not-a-taxi provider tied up with San Francisco's JUMP so users of its apps could rent battery-powered bikes without the need for a separate sign-on. Even as Uber is backing away from some global markets, the Jump acquisition shows the company is still willing to invest in new ways to reach customers.
  • Facebook didn't do enough to stop misuse: Mark Zuckerberg

    Facebook didn't do enough to stop misuse: Mark Zuckerberg

    Business

    He will also likely face questions about advertisements and posts placed by Russian operatives, in what USA authorities believe was an attempt to influence the United States 2016 Presidential election. Facebook users are discovering that the social media site holds on to every video they've recorded - even if they never published it. Over the weekend, Facebook announced that it had suspended AggregateIQ (AIQ), a Canada-based data-mining firm used by the official pro-Brexit campaign ...
  • Tech sector frets as US-China trade tensions simmer

    Tech sector frets as US-China trade tensions simmer

    Business

    In his tweet on Sunday, Trump said he and Chinese President Xi Jinping would always be friends despite the dispute, adding: " China will take down its Trade Barriers because it is the right thing to do". After repeated pledges by Beijing to open up sectors such as financial services have yielded little substantial progress, Trump has said the United States will no longer let China take advantage of it on trade.
  • Sensex Rises For Fourth Day In A Row, Nifty Settles Above 10400

    Sensex Rises For Fourth Day In A Row, Nifty Settles Above 10400

    Business

    The signs of easing global trade war concerns made investors more confident about taking positions. Today, the markets are likely to make a flat-to-positive opening amid lacklustre global cues. ICICI Bank too witness high buying activity, and gained 2.78%. On the other hand, Wipro (1.34%), Mahindra & Mahindra (1.16%), HDFC Bank (0.49%), Hero Motocorp (0.51%) and Maruti Suzuki India (0.25%) were the major losers in the Sensex.
  • Apple, the World's Most Profitable Company, Now Operates on 100% Renewable Energy

    Apple, the World's Most Profitable Company, Now Operates on 100% Renewable Energy

    Business

    Wynn Las Vegas' IT infrastructure is now being powered by 100 percent renewable energy. This covers the company's operations around the world, such as their retail stores, offices, and data centers. In 2017, the search giant purchased a kilowatt hour of renewable energy from a wind or solar farm built specifically for the company to match each kilowatt hour of electricity it consumed.
  • Trump hints at deal on trade with China as Xi readies response

    Trump hints at deal on trade with China as Xi readies response

    Business

    Chinese President Xi Jinping said Tuesday he's willing to further open his country's markets and reduce auto import tariffs amid the exchange of economic threats between the US and China. The speech was attended by leaders including Philippine President Rodrigo Duterte, Singaporean Prime Minister Lee Hsien Loong, and International Monetary Fund Managing Director Christine Lagarde.
  • United Kingdom house prices post record growth in March

    United Kingdom house prices post record growth in March

    Business

    House prices increased 1.5% month-on-month in March. This exceeded the 0.2 per cent figure that economists had been expecting and was the biggest rise since August. The annual rate of growth continues to be in a narrow range of under 3%; though the average price of £227,871 is a new high, ' Halifax managing director Russell Galley said.
  • How These Major Companies Are Getting Equal Pay Right

    How These Major Companies Are Getting Equal Pay Right

    Business

    The gap exists, to varying degrees, across jobs and industries. Marston's reported a wage gap of 23.9%, meaning that women earn 76p for every £1 that men earn. "It'd be like employers being OK with workers who stole from them if they "made progress" and stole a little less - I don't think so", said Melissa Josephs, director of equal opportunity policy at Chicago-based Women Employed.
  • HBK Sorce Advisory LLC Lowers Holdings in NXP Semiconductors (NXPI)

    Business

    Its shares touched $114.1 on during the last trading session after 0.33% change.Currently NXP Semiconductors N.V.is uptrending after 17.73% change in last April 9, 2017. Stevens Capital Management Lp, which manages about $6.88 billion and $2.58 billion US Long portfolio, decreased its stake in Cabot Oil & Gas Corp (NYSE:COG) by 222,046 shares to 54,525 shares, valued at $1.56 million in 2017Q4, according to the filing.
  • AT&T Inc. (T) -Price to Sales (P/S) Ratio Analysis

    AT&T Inc. (T) -Price to Sales (P/S) Ratio Analysis

    Business

    Janus Henderson Group PLC lifted its stake in AT&T by 6,188.8% in the 2nd quarter. As for a performance, the company inching up trend of -6.96% since start of the year and revealed increased activity of -4.34% for the past three months. AT&T Inc . (NYSE:T) has declined 15.88% since April 8, 2017 and is downtrending. The technology company reported $0.78 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.65 by $0.13.
  • Complete Evaluation of: Exxon Mobil Corporation (XOM)

    Complete Evaluation of: Exxon Mobil Corporation (XOM)

    Business

    Dumont & Blake Investment Advisors Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $317.37 billion market cap company. Exxon Mobil Corporation (XOM ) stock price traded at a gap of 0.81% from an average price of last twenty days and stands at a distance of -3.25% away from it's an average price of recent fifty days.
  • Price to Sales (P/S) Ratio to Track: Merck & Co., Inc. (MRK)

    Price to Sales (P/S) Ratio to Track: Merck & Co., Inc. (MRK)

    Business

    The stock decreased 0.23% or $0.11 during the last trading session, reaching $47.31. Stockholders of record on Thursday, March 15th were given a dividend of $0.48 per share. 5,269 were reported by Davidson Advisors. Opus Capital Group LLC cut its stake in shares of Merck & Co., Inc. ( NYSE : MRK ) on Friday, July 28 with "Buy" rating.
  • Star Trek: Discovery casts Captain Pike with Hell on Wheels star

    Star Trek: Discovery casts Captain Pike with Hell on Wheels star

    Business

    Star Trek: Discovery is executive produced by Alex Kurtzman, Bryan Fuller, Heather Kadin, Gretchen J. Berg, Aaron Harberts , Akiva Goldsman, Rod Roddenberry, and Trevor Roth. This offers up a chance to expose even more viewers to the story and this character; hopefully, this will in turn court some fans of the original Star Trek to the show.
  • PA State Police To Crack Down on Distracted Driving

    PA State Police To Crack Down on Distracted Driving

    Business

    Enough is enough! Now is the time to change the culture, put down the phone, tune out the distractions and speak up if you see others on the road making risky decisions. "The It Can Wait campaign shares a simple message: Distracted driving is never OK", said Ryan Luckey, assistant vice president of Corporate Brand Marketing for AT&T.
  • RUNNING OUT OF MOMENTUM?: Corning Incorporated, (NYSE: GLW)

    RUNNING OUT OF MOMENTUM?: Corning Incorporated, (NYSE: GLW)

    Business

    The recent session has given its stock price a 0.87% up lead over its 52-week low and showed negative move of -24.36% over its 52-week high. The stock price of GLW is moving down from its 20 days moving average with -7.15% and isolated negatively from 50 days moving average with -10.25%.
  • Dual-motor Tesla Model 3

    Dual-motor Tesla Model 3 "probably" coming this summer

    Business

    The "top" version differs from the standard version, the additional motor, the result is transformed into four-wheel drive electric auto modification. With Musk sleeping at Tesla's factory to ensure Model 3 production reaches its targets, hopefully the story soon changes for anyone who opted for AWD.
  • Sell-Side Upside & Dividend: Comcast Corporation (NASDAQ:CMCSA)

    Business

    General Electric Company (NYSE:GE) has declined 54.35% since April 9, 2017 and is downtrending. It has underperformed by 15.30% the S&P500. Based on the latest 2017Q4 regulatory filing with the SEC, Azimuth Capital Management Llc reduced its holdings in Comcast Corp Cl A ( CMCSA ) by 27.33%.
  • Sentiment Report: Citigroup Inc (NYSE:C)

    Business

    Stephens has "Hold" rating and $3400 target. Citigroup Inc . (NYSE:C) has revealed a visible change in the trend volumes of the stock market recently. (NYSE:C) for 37,346 shs. According to 2017Q4 Securities and Exchange filling the Fil Ltd reduced its holdings in Citigroup Inc (C ) by 5.28%. (NYSE:C).
  • Fayez Sarofim & Company Trimmed Its Position in Coca (KO)

    Business

    The stock decreased 1.59% or $2.03 during the last trading session, reaching $125.37. About 133,795 shares traded. LLBH Private Wealth Management LLC lessened its holdings in shares of The Coca-Cola Company (NYSE:KO) by 7.0% in the 4th quarter, according to its most recent filing with the SEC.
  • Shares in Oleg Deripaska's Rusal and En+ plunge on United States sanctions

    Shares in Oleg Deripaska's Rusal and En+ plunge on United States sanctions

    Business

    Aluminum for delivery in three months jumped 4.8 percent to settle at $2,139 a metric ton at 5:51 p.m. on the London Metal Exchange, the biggest gain since November 2011. Evraz, the steel company controlled by the Chelsea football club owner Roman Abramovich, was the biggest faller in the FTSE 100, dropping nearly 15%.
  • China fires back at US

    China fires back at US

    Business

    The tit-for-tat tariffs between the world's two largest economies follows a USA finding that China was engaging in unfair trade practices in connection with intellectual property protections. " China will take down its trade barriers because it is the right thing to do". These moves could seriously impact entrepreneurs in sectors including agriculture and craft beer and wine, as they export some of their products to China , and would now need to pay a steeper premium to do so.
  • Turquoise Hill Resources (TSE:TRQ) PT Lowered to C$5.30

    Business

    Comerica Bank now owns 168,386 shares of the basic materials company's stock valued at $549,000 after buying an additional 60,173 shares during the period. Among 34 analysts covering Nabors Industries Ltd. Therefore 76% are positive. The company was upgraded on Monday, December 21 by Credit Suisse. Schwab Charles Inv reported 413,760 shares.
  • Goldman Sachs Group Inc. Raises Holdings in Tower Semiconductor (TSEM)

    Business

    The stock increased 0.99% or $0.45 during the last trading session, reaching $45.96. About 399,833 shares traded. Paychex, Inc. (NASDAQ:PAYX) has declined 1.72% since April 6, 2017 and is downtrending. The stock has "Buy" rating by Drexel Hamilton on Wednesday, November 29. The stock has "Outperform" rating by Credit Suisse on Wednesday, November 15.
  • Novartis to buy US gene therapy group AveXis for $8.7 billion

    Novartis to buy US gene therapy group AveXis for $8.7 billion

    Business

    Novartis, a Swiss-based pharmaceutical group, said the deal has been unanimously approved by the boards of both companies. AveXis is working on treatment of spinal muscular atrophy. "We look forward on the closing of the deal to a smooth transition for AveXis employees and welcoming them to Novartis". AveXis also offers advanced AAV9 gene therapy manufacturing capabilities and research facilities, including investigational therapies for Rett syndrome and a genetic form of amyotrophic ...
  • Taiwan Semiconductor Mfg. (NYSE:TSM) Earning Somewhat Positive Media Coverage, Analysis Shows

    Business

    Shares of NYSE:TSM traded down $0.90 during trading on Friday, reaching $42.42. 5,133,141 shares of the company traded hands, compared to its average volume of 5,969,109. Morgan to "Buy". TSM's profit will be $2.96 billion for 17.68 P/E if the $0.60 EPS becomes a reality. The insider GREEN DARRYL sold $1.17 million. Segall Bryant & Hamill LLC increased its position in shares of Taiwan Semiconductor Mfg.
  • YouTube shooter went to gun range the morning before massacre: Cops

    YouTube shooter went to gun range the morning before massacre: Cops

    Business

    She then shot and killed herself. Reuters/Elijah NouvelagePolice officers are seen at Youtube headquarters following an active shooter situation in San Bruno, California , U.S., April 3, 2018. Investigators have also learned she stopped in at a gun range Tuesday morning. Police visited the range Wednesday. To purchase the firearm, Aghdam would have had to pass a background check that reviewed any criminal history, DMV records, outstanding warrants, restraining orders and mental health ...
  • China Mobile (CHL) Raised to Hold at Jefferies Group

    Business

    About 1.58M shares traded or 64.16% up from the average. It has outperformed by 25.88% the S&P500. Moreover, American Intll Group Inc has 0.03% invested in Core Laboratories N.V. The rating was maintained by Imperial Capital with "In-Line" on Friday, October 21. The rating was upgraded by Deutsche Bank to "Buy" on Tuesday, September 1.
  • Toro Rosso's Gasly Astounded by Bahrain qualifying heroics

    Toro Rosso's Gasly Astounded by Bahrain qualifying heroics

    Business

    Gasly was overhauled by Hamilton, but gained fourth back when Kimi Raikkonen was forced out, and from there cruised clear of the midfield pack to collect 12 points for Toro Rosso. I don't know if we will be as fast in other races. "They (Honda) had a tough couple of years and it's a great way to motivate them and show them we need to keep pushing", he said.