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Business

The analyst also said that Flipkart had "competed for far too long against Amazon " to now sell a 40% stake to it. Walmart likely faces fewer regulatory hurdles because it now has no online retail presence in India, while Amazon is already the second-largest e-commerce player and Flipkart's primary rival, the report added.
  • 12-year-old boy steals credit card and flies to Bali solo

    12-year-old boy steals credit card and flies to Bali solo

    Business

    He was able to do so by researching Australian airlines which allow minors to travel with only a student ID and passport without a letter from a parent or guardian . According to the 12-year-old, "They just asked for my ID and passport to prove that I'm over 12 and that I'm in secondary school". He jumped on a Go Jek bike and arrived at the hotel, checking himself in, telling staff his sister was coming and he was checking in early.
  • Customs officials search Korean Air headquarters

    Customs officials search Korean Air headquarters

    Business

    SEOUL-Korean Air Lines said Monday that two daughters of its chairman will resign from their executive positions amid mounting public criticism over the women's behavior and the family's smuggling allegations. She was sentenced to a year in prison, but later freed after an appeals court cleared her of the most of hampering an air route. The chairman's surprise statement came a day after customs officials raided the homes and offices of the Cho family.
  • Secular, won't discriminate, says Ola after man cancels ride by Muslim driver

    Secular, won't discriminate, says Ola after man cancels ride by Muslim driver

    Business

    Along with the tweet, he attached a screenshot of the cancelled cab ride, which showed that the name of the driver was Masood Alam. What more shocking thing came out that he is followed by various ministers part of central government - Defence Minister Nirmala Sitharaman , Petroleum Minister Dharmendra Pradhan, Power Minister Piyush Goyal and Culture Minister Dr Mahesh Sharma.
  • TCS creates history! Market cap surpasses $100 billion for the first time

    TCS creates history! Market cap surpasses $100 billion for the first time

    Business

    Gains in TCS shares came on top of Friday's almost 7 per cent gains as TCS reported better than estimated earnings and announced a 1:1 bonus shares issue for investors. On Thursday, TCS reported a 4.48 per cent year-on-year (yoy) rise in consolidated net profit at Rs 6,904 crore for January-March. The company also declared total dividend of Rs 50 per share, including Rs 29 per share final dividend and Rs 21 interim dividend for the fiscal under review (FY 2018), which translates into a ...
  • After Southwest Plane Explosion, Airlines Ordered to Conduct Urgent Engine Safety Checks

    After Southwest Plane Explosion, Airlines Ordered to Conduct Urgent Engine Safety Checks

    Business

    The FAA in August 2017 drafted an order giving airline up to 18 months to carry out checks, but it had not finalized the measure by the time of Tuesday's fatal second accident . Engines in 681 aircraft will be checked worldwide. A Southwest Airlines official confirmed to ABC News that the letters were sent by the airline, but would not comment on the monetary compensation.
  • Israel denies killing Palestinian in Malaysia

    Israel denies killing Palestinian in Malaysia

    Business

    The victim could have been seen as "a liability for a country that is an enemy of Palestine", Zahid also said , apparently referring to Israel. The Palestinian Authority said Friday it would ask the UN Human Rights Council to establish a commission to carry out an independent investigation of the Israeli military's killing and wounding of Palestinians during protests in Gaza .
  • Zacks Investment Research Lowers Antero Resources (AR) to Hold

    Business

    The institutional investor held 3.38M shares of the natural gas distribution company at the end of 2017Q4, valued at $98.08 million, up from 3.13 million at the end of the previous reported quarter. Fifth Third Bancorp accumulated 0% or 1,322 shs. 918 are owned by Envestnet Asset Management. Regions Financial holds 0% or 70 shs. (NASDAQ:SAGE). New York-based State Common Retirement Fund has invested 0.03% in Sage Therapeutics, Inc.
  • 3 injured as Delhi-bound flight hits turbulence, window panel comes off

    3 injured as Delhi-bound flight hits turbulence, window panel comes off

    Business

    The aircraft experienced high-level turbulence for 10-15 minutes. The inner part of a passenger window fell off during the turbulence and a few overhead oxygen masks even fell open. In a video released by news agency ANI , an air hostess onboard Boeing 787 Dreamliner (VTANI) is seen fixing the window panel which fell on a woman passenger.
  • A Quiet Place continues to be biggest 'gorilla' at box office

    A Quiet Place continues to be biggest 'gorilla' at box office

    Business

    It'll get tougher for smaller films to stand out starting next weekend with the release of Walt Disney Co.'s Avengers: Infinity War , a Marvel superhero picture that kicks off Hollywood's summer blockbuster season. Schumer took some criticism for focusing on body image as a source of confidence, but the film managed to exceed expectations of $13 million to $ 15 million .
  • Girl fined $500 for saving free Delta Air Traces snack

    Girl fined $500 for saving free Delta Air Traces snack

    Business

    Delta released a statement addressing the incident, saying "We encourage our customers to follow U.S. Custom and Border Protection protocols". A Colorado lady is dealing with a $500 tremendous from U.S. Tadlock stated the harmless mistake might find yourself costing her greater than simply the $500 tremendous - she might additionally lose her International Entry Standing, which permits pre-approved, low-risk vacationers to have expedited clearance into the U.S.
  • Anticipated $0.57 EPS for Twenty-First Century Fox, Inc

    Business

    NCR Corporation (NYSE:NCR) has declined 29.34% since April 22, 2017 and is downtrending. It has outperformed by 9.50% the S&P500. Apg Asset Management Nv decreased its stake in Twenty First Centy Fox Inc ( FOXA ) by 20.74% based on its latest 2017Q4 regulatory filing with the SEC.
  • General Mills (NYSE:GIS) PT Lowered to $47.00 at Piper Jaffray

    Business

    The stock has "Buy" rating by Suntrust Robinson on Wednesday, June 29. The firm has "Neutral" rating given on Thursday, March 24 by Goldman Sachs. The rating was maintained by Piper Jaffray with "Hold" on Sunday, February 25. Wade G W stated it has 4,822 shares. Sit Investment Associates Inc bought 8,050 shares as the company's stock declined 0.48% with the market. (NYSE:GIS).
  • Dana Investment Advisors INC Stake in Te Connectivity LTD (TEL) Increased

    Business

    New Switzerland Registered SH ( NYSE : TEL)'s short sellers to cover TEL's short positions. Global Board Mount Humidity Sensors Market 2018-TE Connectivity, Texas Instruments, STMicroelectronics, ALPS etc . TE Connectivity had 47 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of TE Connectivity Ltd. ( NYSE :TEL) has "Buy" rating given on Monday, March 26 by Oppenheimer.
  • VMware (VMW) Receives Daily Media Impact Rating of 0.23

    Business

    Ci Invs holds 33,300 shares. Facebook Inc now has $487.38 billion valuation. The stock decreased 0.48% or $0.28 during the last trading session, reaching $58.64. Royal Bank Of Canada reported 0.01% in VMware, Inc. ( NYSE :VMW) for 24,556 shares. Morgan Stanley holds 0.07% or 2.13M shares in its portfolio. VMware, Inc.
  • Edison International (EIX) Analysts See $0.95 EPS on May, 1

    Business

    Volume is the number of shares or agreement traded in a security or a whole market during a given period. Jefferies maintained Edison International ( NYSE : EIX ) rating on Friday, July 28. Edison International ( NYSE : EIX ) has declined 21.55% since April 20, 2017 and is downtrending. A rating of 1 or 2 would be indicating a Buy recommendation.
  • Securities Analyst Recommendations: Westar Energy, Inc. (WR), Eli Lilly and Company (LLY)

    Business

    It is down 36.08% since April 22, 2017 and is downtrending. In other Eli Lilly and news, SVP Susan Mahony sold 22,544 shares of the stock in a transaction that occurred on Monday, April 16th. Among 33 analysts covering Biogen Idec Inc. During the same period in the prior year, the firm posted $0.95 earnings per share. Flippin Bruce Porter invested 1.72% of its portfolio in Eli Lilly and Company (NYSE: LLY ).
  • UnitedHealth Group Incorporated (NYSE:UNH)

    Business

    Flinton Capital Management LLC now owns 204,512 shares of the healthcare conglomerate's stock valued at $37,921,000 after purchasing an additional 1,092 shares during the period. Calamos Wealth Mngmt Limited Liability Company reported 51,251 shares stake. Cibc Bancshares Usa stated it has 0.28% in UnitedHealth Group Incorporated (NYSE: UNH ).
  • NVIDIA Corporation (NVDA) Analysts See $1.47 EPS

    Business

    The stock decreased 0.42% or $0.52 during the last trading session, reaching $123.96. Coatue Management Llc has risen its stake in Twitter Inc (NYSE:TWTR) and also increased its holding in Snap Inc by 3.79M shares in the quarter, for a total of 27.39M shares.
  • Weekly Verizon Communications Inc. (NYSE:VZ) Ratings as of April 21, 2018

    Business

    Lyons Wealth Management Llc acquired 6,785 shares as Verizon Communications Inc ( VZ)'s stock declined 11.05%. The Mark Sheptoff Financial Planning Llc holds 21,107 shares with $1.12M value, down from 28,507 last quarter. The company rating was upgraded by Wells Fargo on Monday, November 20. Cowen & Co has "Hold" rating and $3000 target. On Tuesday, January 2 KeyBanc Capital Markets maintained Verizon Communications Inc.
  • Jermall Charlo KOs Centeno

    Jermall Charlo KOs Centeno

    Business

    Charlo is now the mandatory for Gennady "GGG" Golovkin and didn't shy away from calling out the WBC, WBA and IBF Middleweight World Champion. It's a statement that collapses in itself because he's looking at bigger things but he has me as the task at hand, you know what I mean? "We'll see what happens", Centeno Jr.
  • Mobile US (TMUS) Given Daily Media Impact Score of 0.06

    Business

    To measure price-variation, we found TMUS's volatility during a week at 1.75% and during a month it has been found around 2.1%. T-Mobile US, Inc. (NYSE:TMUS) has declined 6.04% since April 21, 2017 and is downtrending. 154 grew stakes while 81 funds took stakes. Investors holded 279.18 million in 2017Q3 but now own 280.13 million shares or 0.34% more. Ameriprise Fin Inc has 3.37 million shares for 0.01% of their portfolio.
  • Swati Maliwal to end fast tomorrow

    Swati Maliwal to end fast tomorrow

    Business

    Maliwal has been sitting on a hunger strike for past nine days at Rajghat in New Delhi . She took to her Twitter handle and in a series of tweet said "I congratulate people of this country for this victory". I even submitted 5.5 lakh letters written by citizens to the prime minister, but in vain. As per government sources, the cabinet, chaired by Prime Minister Narendra Modi , approved the promulgation of the Criminal Law (Amendment) Ordinance, 2018, for effective deterrence against ...
  • Freeport-McMoRan (FCX) to Release Quarterly Earnings on Tuesday

    Business

    It has underperformed by 7.85% the S&P500. Stoneridge Investment Partners Llc increased its stake in Freeport ( FCX ) by 14.8% based on its latest 2017Q4 regulatory filing with the SEC. Columbia Asset Management, which manages about $354.79 million and $348.45M US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 9,917 shares to 186,061 shares, valued at $8.59 million in 2017Q4, according to the filing.
  • Simon Property Group (SPG) Earning Somewhat Favorable Media Coverage, Report Shows

    Business

    At the close of regular trading, its last week's stock price volatility was 1.37% which for the month reaches 1.44%. About 995,473 shares traded. Cambridge Investment Research Advisors Inc. Morgan Stanley stated it has 708,772 shares or 0.01% of all its holdings. 900 were accumulated by Whittier Trust Co Of Nevada. Legal General Grp Public Limited Co holds 0.29% or 2.35M shares.
  • Community mourns loss of wife, mother killed on Southwest Airlines flight

    Community mourns loss of wife, mother killed on Southwest Airlines flight

    Business

    Navy. "I mean she was such a loving person, such a caring person, and such a great mom, she loved her husband", said Randy Woodcock, the Vice President of Central New Mexico United Way. The death generated an outpouring of grief from Albuquerque business leaders, elected officials, poets, and activists. Riordan, a Wells Fargo executive from New Mexico, was a "thoughtful leader who has always been a part of the fabric of our community", said Tim Keller, the mayor of Albuquerque.
  • Wall Street Consensus Opinions for: Sunstone Hotel Investors, Inc. (SHO)

    Business

    The stock decreased 0.69% or $0.11 during the last trading session, touching $15.73.Currently Sunstone Hotel Investors, Inc .is downtrending after 0.75% change in last April 21, 2017. (NYSE: SHO ). Systematic Financial Mngmt L P holds 0.03% or 90,025 shs. Lsv Asset Mgmt owns 1 shares for 0% of their portfolio. Savings Bank Of Ny Mellon holds 5.56 million shs or 0.02% of its capital.
  • Showers Tonight; Widespread Rain and Storms Sunday

    Showers Tonight; Widespread Rain and Storms Sunday

    Business

    A front will move through overnight and into Sunday morning, which means rain and storms are expected ahead of the front. We'll probably see at least a couple waves of rain and storms, with a second round sweeping through Sunday evening.
  • Copart Inc (NASDAQ:CPRT) Sellers Strengthened Their Shorts By 16.17%

    Business

    It also reduced its holding in Fidelity Natl Information Serv (NYSE:FIS) by 34,052 shares in the quarter, leaving it with 165,135 shares, and cut its stake in Eastman Chemical Company (NYSE:EMN). It has a 13.01 P/E ratio. Zacks Investment Research raised Copart from a "hold" rating to a "buy" rating and set a $47.00 price target for the company in a report on Thursday, February 8th.
  • Franklin Resources Inc. Sells 63926 Shares of Maxim Integrated (NASDAQ:MXIM)

    Business

    The company had a trading volume of 4,901,160 shares, compared to its average volume of 2,599,341. Since April 19, 2017 MXIM has risen 31.76% and is uptrending. The company was downgraded on Tuesday, July 21 by TheStreet. The company was reinitiated on Tuesday, September 8 by Credit Suisse. ( NASDAQ : MXIM ) was sold by Loftus David.
  • Alder Biopharmaceuticals, Inc. (NASDAQ:ALDR) Ratings Summary on April 21, 2018

    Business

    Over the last six months, Alder Biopharmaceuticals, Inc .'s stock has been 18.03% and -33.73% for the year. The stock decreased 0.34% or $0.05 during the last trading session, reaching $14.5. The firm is involved in the acquisition, development, and building of active adult communities, which are age-restricted to the age 55 and over active adult demographic; and primary residential home communities under local Bonterra Builders and Royal Oak Homes brands for first-time and move-up buyers.
  • Analysts See $0.53 EPS for Starbucks Corporation (SBUX)

    Business

    Natixis Asset Management decreased Ishares Inc. Loomis Sayles & LP reported 2,180 shares stake. Savings Bank Of Nova Scotia invested in 0.35% or 1.35M shares. Panagora Asset owns 0.03% invested in HMS Holdings Corp. Equities researchers at Wedbush decreased their Q4 2018 earnings per share (EPS) estimates for shares of Starbucks in a research note issued to investors on Thursday, March 29th, according to Zacks Investment Research .