• Walmart may launch IPO for Flipkart in as early as four years

    Walmart may launch IPO for Flipkart in as early as four years

    Business

    Walmart on Wednesday acquired a 77 per cent stake in Flipkart for about $16 billion in its biggest acquisition till date. Walmart introduced earlier this week that it'll cover $16 billion to get a roughly 7 7 per cent stake in Flipkart in what's the US retail giant's largest-ever price and a move to take on archrival Amazon.com Inc at a important growth marketplace.
  • AT&T's Stephenson Says Hiring Cohen 'A Big Mistake'; Executive VP Leaves

    AT&T's Stephenson Says Hiring Cohen 'A Big Mistake'; Executive VP Leaves

    Business

    Documents obtained by the Post showed the company turned to Cohen three days after Trump was elected, specifying that Cohen would provide the company with advice on its merger with Time Warner . AT&T also said, "we didn't ask him to set up any meetings for us with anyone in the administration and he didn't offer to do so". Avenatti on Tuesday revealed a series of payments to Cohen from AT&T , Novartis (NVS), Korea Aerospace Industries and others.
  • Pickup in WI crashes through light poles in median

    Pickup in WI crashes through light poles in median

    Business

    An out-of-control pickup truck knocks down light poles on a Milwaukee highway median. Despite the uprooted poles erratically bouncing around on the highway, amazingly, no one was hurt. Milwaukee County deputies arrested the suspected driver after administering a sobriety test, WISN reported . The Sheriff's Office hasn't said what charges the driver is facing.
  • Weekly Playtech plc (LON:PTEC) Ratings on May 11, 2018

    Business

    Moreover, Mutual Of America Mngmt Lc has 0.04% invested in Carclo plc (LON:CAR) for 59,897 shares. Morgan Stanley holds 5,790 shares or 0% of its portfolio. On Wednesday, February 14 the stock rating was maintained by Numis Securities with "Reduce". UBS maintained it with "Sell" rating and GBX 1650 target in Friday, November 20 report.
  • Facebook, Inc. (FB) Position Increased by WASHINGTON TRUST Co

    Facebook, Inc. (FB) Position Increased by WASHINGTON TRUST Co

    Business

    Wetherby Asset Management holds 1.31% of its portfolio in Facebook , Inc. (NASDAQ:FB) for 251,591 shs. (NASDAQ:FB). Hamilton Lane Advisors Ltd Co holds 7.53% or 82,585 shares in its portfolio. It also reduced its holding in Heico Corp New (NYSE:HEI) by 134,493 shares in the quarter, leaving it with 76,405 shares, and cut its stake in Apartment Invt & Mgmt Co (NYSE:AIV).
  • Ford could reopen two US truck plants next week

    Ford could reopen two US truck plants next week

    Business

    Those plants make the F-150, the top selling vehicle in the U.S. Two days after announcing the temporary closure of another factory, Ford now says it's going to get two F-150 assembly lines running again. The plant employs more than 400 workers and is the city's largest employer. A cause is still unknown. The same fire forced other automakers to also halt or at least slow production.
  • Meir Adest Sells 4000 Shares of SolarEdge (SEDG) Stock

    Meir Adest Sells 4000 Shares of SolarEdge (SEDG) Stock

    Business

    In other news, VP Yoav Galin sold 35,000 shares of the company's stock in a transaction dated Thursday , February 15th. Percolating inflation also is a pain point for bond prices, which move inversely to yields-a factor that can also amplify already tightening financial conditions for US corporations.
  • Saturday Is 'Stamp Out Hunger' Food Drive

    Saturday Is 'Stamp Out Hunger' Food Drive

    Business

    In the days leading up to the the drive, carriers delivered special bags that can be used for donations. LA Cares Secretary Linda Burns emphasized this food drive and its donations are invaluable. Donations will go to the Salvation Army, Morning Star Missionary Baptist, Grant County Rescue Mission, Brookhaven Wesleyan Church, Sunnycrest United Methodist and St.
  • Zoopla-owner ZPG 'sold' to United States tech fund for £2.2bn

    Zoopla-owner ZPG 'sold' to United States tech fund for £2.2bn

    Business

    Zoopla Property Group (LON: ZPG) shares have had their "Outperform" Rating reiterated by research professionals at RBC Capital Markets in analysts note issued to investors and clients on 11 May. The stock increased 30.33% or GBX 113.8 during the last trading session, reaching GBX 489. Shares in Rightmove are up 6.7% this morning to a fresh record high £49.10, building on an exceptionally strong run for the shares amid the M&A news .
  • Wall Street set for gains as oil hits $70

    Wall Street set for gains as oil hits $70

    Business

    Bond prices fell. The yield on the 10-year Treasury note rose to 2.99 percent. The S&P energy index rose 2.2 percent as oil prices hit their highest levels since late 2014 after Trump announced the "highest level" of sanctions against the OPEC member.
  • Salman Khan's Race 3 trailer will be out on this date

    Salman Khan's Race 3 trailer will be out on this date

    Business

    Unlike the former parts, this time the movie will be directed by Remo D'Souza instead of Abbas-Mastan. Salman admitted that the team was filling out the time with numerous posters. The Race series has managed to keep the audience on the edge of their seats with its interesting storyline and twists and turns. Sources share, "Immediately after Jacqueline's auto exited Salman's residence, a rickshaw with inebriated men started tailing her vehicle".
  • Court nullifies Senate decision on suspension of Senator Omo-Agege

    Court nullifies Senate decision on suspension of Senator Omo-Agege

    Business

    The Senate had last month suspended the senator for 90 legislative days over his comment that "the reordered electoral timetable was targeted at President Muhammadu Buhari ". He also said the cited provision states that the Senate can not take a decision that will tend to oust the functions of the Judiciary. Omo-Agege believes that there are rare moments that demand the intervention of our courts to enrich the law and our constitutional experience.
  • Dena Bank net loss widens to Rs 1225 cr

    Dena Bank net loss widens to Rs 1225 cr

    Business

    The bank took a tax writeback of Rs 2,450 crore during the quarter, without which losses would have been steeper. The apex bank had given a provision to keep only 40 per cent for the accounts referred to the National Company Law Tribunal, but the lender did not use it and the actual provision on these accounts was 60 per cent.
  • Investment Research Analysts Opinion: The Coca-Cola Company (KO), AmerisourceBergen Corporation

    Investment Research Analysts Opinion: The Coca-Cola Company (KO), AmerisourceBergen Corporation

    Business

    The Chatham Capital Group Inc holds 77,183 shares with $3.54M value, down from 87,831 last quarter. Coca Colaco now has $179.83B valuation. Over the last 5 trading sessions, the stock has moved -0.72%. The shares were sold at an average price of $47.95, for a total transaction of $719,250.00. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Livetradingnews.com and their article: " The Coca-Cola Company (NYSE:KO) Bullish Divergence" published on May 03, 2018 as ...
  • Facebook 'Serious' About Creating Own Cryptocurrency

    Facebook 'Serious' About Creating Own Cryptocurrency

    Business

    Will the company give users an official method of mining for it? Recode reports "The blockchain, which serves as the technical foundation for all cryptocurrencies - like bitcoin - is all the rage". Facebook's work on blockchain technology and cryptocurrency will likely take years to materialize. We'll keep our ear to the ground for further developments on Facebook's cryptocurrency plans, but it could be some time before these come to fruition.
  • Robinhood Surpasses E-Trade in User Numbers

    Robinhood Surpasses E-Trade in User Numbers

    Business

    The Robinhood Crypto platform, which allows retail investors to trade bitcoin and ethereum, also offers market data on a total of 16 cryptocurrencies including bitcoin, ethereum, Bitcoin Cash, Litecoin, Ripple, Ethereum Classic, Zcash, Monero, Dash, Stellar, Qtum, bitcoin Gold, Omisego, NEO, Lisk and Dogecoin.
  • Delta Air Lines Inc (NYSE:DAL) Institutional Investor Sentiment Analysis

    Business

    NYSE:DAL opened at $52.06 on Friday. It has outperformed by 6.15% the S&P500. Suffolk Capital Management Llc increased its stake in Delta Airlines ( DAL ) by 5483% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE: DAL ) were released by: Seekingalpha.com and their article: " Delta Air Lines, Inc ". Cenovus Energy Inc now has $13.59 billion valuation . When looking at the investment recommendation on say a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell), VZ ...
  • Analysts' Activity: Sirius XM Holdings I (SIRI)

    Business

    In a report sent out on Monday , February 5th, 2018, Goldman Reiterated the stock rating on Sirius XM Holdings Inc .to a Buy. The recent trading activity revealed that the stock price is at 41.86% off from its 52-week low and traded with move of -0.15% from high printed in the last 52-week period.
  • AT&T: Hiring Trump attorney Cohen was 'big mistake'

    Business

    All told to date, Michael Cohen , now the subject of a federal investigation, raked in $2.95 million from five companies in industries ranging from health care to political lobbying to defense. Rudolph W. Giuliani, a lawyer for Trump , said Wednesday that the president was unaware of Cohen's consulting agreements. He denies any encounter took place.
  • Starbucks' Howard Schultz opens bathrooms to all after Philly incident

    Starbucks' Howard Schultz opens bathrooms to all after Philly incident

    Business

    Speaking at the Atlantic Council think-tank in Washington DC, Mr Schultz said: "In terms of the policy, the first thing we want to make sure is that - regardless of your station in life, the colour of your skin, your sexual orientation, your gender, your ethnic background - everyone is welcome at Starbucks".
  • Durkan calls for head-tax compromise

    Durkan calls for head-tax compromise

    Business

    The mayor's smaller proposal comes ahead of a Friday morning committee meeting in which council members are set to discuss the head tax plan that's caused outcry from residents and dozens of local businesses , including Amazon. Council President Bruce Harrell and Councilmembers Sally Bagshaw, Rob Johnson and Debora Juarez support the mayor's plan, her office said. It takes six votes to override a mayoral veto.
  • Npower to hike energy bills by 5.3%

    Npower to hike energy bills by 5.3%

    Business

    The company blamed "wholesale and policy costs" which are "largely outside its control". Simon Stacey, npower's managing director for domestic markets, said: "Announcing this price change today isn't a decision we've taken lightly". Read on to find out more about all the recent energy price rises and how much more you'll pay. Npower customers: are you affected? Less than half of our customers are on our standard tariff - one of the lowest levels among the larger energy suppliers.
  • GameStop CEO Resigns, Co-Founder Daniel DeMatteo To Assume Interim Duties

    GameStop CEO Resigns, Co-Founder Daniel DeMatteo To Assume Interim Duties

    Business

    One can only wonder what's going on in the C-suites at GameStop. Now, just over three months later, he's stepped down from the role for what's only described as " personal reasons ". Over the past 12 months, GameStop shares have lost almost half their value while the Nasdaq Composite index has gained just over 21%. Mauler was a 16 year veteran at the gaming company, and his resignation will likely disrupt whatever traction the struggling company has been trying to gain.
  • Barclays boss Jes Staley fined £642430 over whistleblower scandal

    Barclays boss Jes Staley fined £642430 over whistleblower scandal

    Business

    The FCA and Prudential Regulation Authority (PRA) also said Barclays's whistle-blowing systems and controls will be subject to "enhanced monitoring and scrutiny", the first time such measures have been imposed on a financial firm. Instead, when he received anonymous allegations against a senior member of staff, who was also a friend, he set the bank's own internal investigations unit to work to discover the identity of the whistleblower.
  • Symantec stock plunges on internal investigation

    Symantec stock plunges on internal investigation

    Business

    As per Friday, April 6, the company rating was upgraded by Standpoint Research. On Wednesday, September 6 the stock rating was initiated by Moffett Nathanson with "Hold". In other news, EVP Francis C. Rosch sold 51,899 shares of the company's stock in a transaction that occurred on Monday, March 5th. On Thursday, February 1 the firm has "Sell" rating given by Cowen & Co.
  • Revenue Estimates Analysis CVS Health Corporation (CVS)

    Business

    The stock increased 2.78% or $1.7 during the last trading session, reaching $62.91. About 7.62 million shares traded. The stock underperformed the S&P 500 by 34.36%. Burt Wealth Advisors accumulated 0.03% or 587 shares. Needham & Company LLC set a $98.00 target price on shares of CVS Health and gave the stock a "buy" rating in a research report on Friday, February 9th.
  • Elon Musk Says LA Test Tunnel Nearly Done

    Elon Musk Says LA Test Tunnel Nearly Done

    Business

    The Boring Company is building tunnels under LA as a way of bypassing traffic completely, and the first one is nearly finished. With the first Boring Company tunnel nearing completion, Elon Musk's dream of establishing a network of tunnels enabling fast and efficient electric transit is coming closer to reality.
  • Thomas unemployment rate falls to 5.7% in April

    Thomas unemployment rate falls to 5.7% in April

    Business

    Nationally, employment was unchanged in April and the unemployment rate held steady at 5.8 per cent. Stats Canada says the Canadian economy lost 1,100 jobs last month. "As well, wages continue to power up, with average hourly wages up 3.6 per cent", in the past year, Porter said. Victoria's rate had climbed from December to March after hitting a low of 3.3 per cent in November.
  • Top AT&T Lobbyist Retires Over 'Big Mistake' With Trump's Lawyer

    Business

    CEO Randall Stephenson said in a message to employees that although he believes everything about the relationship with Michael Cohen was legal and "entirely legitimate", it represented a "serious misjudgment". Owens said Columbus Nova was exclusively owned by Americans and that any claim that Vekselberg was involved in providing funding for the payments to Cohen was "patently untrue".
  • Junk food adverts to be banned on London tubes, buses and trains

    Junk food adverts to be banned on London tubes, buses and trains

    Business

    The Mayor hopes that the proposals will help Londoners make healthy food choices and reduce the "unacceptable" level of child obesity in London by 2028. Chef and health campaigner Jamie Oliver - who has said London "now has the most overweight and obese children of any major global city" - described the proposal as "bold".
  • Morrisons reports

    Morrisons reports "strong start" as sales rise

    Business

    Morrisons held onto its market share at 10.5 per cent in the most recent industry data from Kantar Worldpanel, while Tesco remained at 27.6 per cent, and Sainsbury's and Asda both lost ground at 15.9 per cent and 15.5 per cent respectively.
  • Boston Dynamics' SpotMini robot dog goes autonomous

    Boston Dynamics' SpotMini robot dog goes autonomous

    Business

    Boston Dynamics , a former Google (googl) unit that's these days part of Japanese mega-conglomerate SoftBank (sftby), released a new video on Thursday that showed Atlas going for a jog. "During the autonomous run, SpotMini uses data from the cameras to localize itself in the map and to detect and avoid obstacles", Boston Dynamics says.
  • Korean prosectors raid cryptocurrency exchange offices

    Korean prosectors raid cryptocurrency exchange offices

    Business

    Amidst the ongoing domestic exchange investigations in South Korea , country's largest cryptocurrency exchange Upbit has been raided by the authorities over the suspicion of fraudulent activities. The crypto exchange is suspected of having deployed fraudulent schemes that trade and store digital coins on its platform without having actual cryptocurrencies.
  • Anticipated $0.22 EPS for American Eagle Outfitters, Inc. (AEO) on May, 16

    Business

    Finally, Buckingham Research upgraded American Eagle Outfitters from a "neutral" rating to a "buy" rating and set a $22.00 price objective for the company in a report on Thursday, January 11th. After $0.44 actual earnings per share reported by American Eagle Outfitters, Inc . for the previous quarter, Wall Street now forecasts -50.00 % negative EPS growth.
  • Oil at $100 is a possibility next year, Bank of America says

    Oil at $100 is a possibility next year, Bank of America says

    Business

    Unless global demand tails off or U.S. shale production ramps up and floods the market , 2018 should continue to see strong oil prices. The U.S. will not have the coalition that shut in 1 million barrels per day (mb/d) of Iranian oil exports prior to the 2015 agreement.
  • Nine Inch Nails Announce 'Bad Witch' EP and US Tour

    Nine Inch Nails Announce 'Bad Witch' EP and US Tour

    Business

    The tour, titled Cold and Black and Infinite , kicks off September 13 at the Comerica Theatre in Phoenix before wrapping up December 12 at the Palladium in Los Angeles. We've made a decision to try something different that will also likely suck, but in a different way. Nine Inch Nails are looking for a way around the problem, with a solution that they think will "still suck", but just suck in a slightly different way.
  • Q2 2018 Earnings Estimate for Encana (ECA) Issued By Jefferies Group

    Business

    Zacks' sales calculations are an average based on a survey of research firms that cover Encana. At the end of 2017Q4, the 4.46M shares of the oil & gas production company held by the institutional investor were priced at $73.25 million, up from 440,900 at the end of the previous reported quarter.