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TCS shares soar 6.5 per cent after Q4 earnings

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On BSE, the stock is now up 5.3% at Rs 3357. Gross revenue grew 8.6 per cent yearly to $19.09 billion from $17.76 billion a year ago under IFRS. Analysts were expecting the company to post net profits of around Rs 6,800 crore. TCS signed its largest digital deal of TCV $50 mn in 3Q and is increasing its strategic positioning within its accounts, especially in areas of Internet of things and big data & analytics ($ 2 bn annual rate of analytics). Read More »

Adequate currency in circulation, temporary shortage to be tackled quickly: FM

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Garg asserted that there was no cash crunch in the country, pointing out that now around Rs 18 lakh crore worth of currency was in circulation - a little over what was in circulation at the time of demonetisation. The cash crunch at ATMs in some parts of the country is a case of "complete mismanagement" on the part of both the RBI and the government, former finance minister Yashwant Sinha said on Friday. Read More »

South Africa president leaves Commonwealth summit to address protests at home

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The President has also called on law-enforcement agencies to exercise maximum restraint in execution of their duties to return calm and normality to the province. "While there are often genuine service delivery protests, we as the ANC, regard these latest acts of violence in Mahikeng as political opportunism disguised as community outrage", said acting provincial Secretary Sussana Dantjie. Read More »

EnLink Midstream, LLC (ENLC)

The Pinnacle Holdings Llc's stake in Freddie Mac (FMCKI) was upped by 6,805 shares to 155,105 shares valued at $1.03 billion in 2017Q4, according to the filing. Previous year: $-0.01; Analysts forcast: $0.05. Finance Counselors reported 320,093 shares. Parametric Port Ltd Liability Corporation owns 154,325 shares for 0.01% of their portfolio. Read More »

People waste almost a pound of food daily

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Maintaining the environment while also improving diet quality is an important and challenging global issue. The new study relies on publicly available USDA data on the roughly 150,000 tons of food per day that goes to waste. It is a massive environmental and infrastructure issue-food take a lot of energy to produce, and it builds up in landfills as methane-emitting waste. Read More »

Barclays chief to keep job despite move to unmask whistle-blower

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Barclays said the Financial Conduct Authority (FCA) and the Bank of England's Prudential Regulation Authority (PRA) were "not alleging that he (Staley) acted with a lack of integrity or that he lacks fitness and propriety to continue to perform his role as Group Chief Executive Officer". Read More »

2 black men arrested at Starbucks feared for their lives

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While Ross said the issue of race is not lost on him, he also defended the actions of his officers, saying that the fact that they were at the scene for well over 10 minutes suggests that they were trying to resolve the situation. Starbucks apologized for the incident and said it'll include new policies on discrimination and ejecting customers. "I've never been refused service for not making a purchase", said Adams, a 32-year-old mom and student, who is White and lives in Hanford, ... Read More »

Procter & Gamble is buying German Merck's consumer health unit for $4.2 billion

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According to Merck, between 2015 and 2017, its consumer health's net sales grew organically by 6 per cent, outpacing the consumer health market's growth of approximately 4 per cent over the same period. As part of the deal, P&G will buy a majority stake in the German company's Indian consumer health businesses. Overall, the company said it expects sales to rise about three percent, including acquisitions and divestitures. Read More »

WoodTrust Financial Corp Takes Position in General Electric (GE)

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Northern Cross Llc sold 672,262 shares as the company's stock declined 13.20% with the market. Capital Innovations Llc who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $52.35B market cap company. Seven research analysts have rated the stock with a sell rating, twelve have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Read More »

Investors Bolt After Philip Morris International Inc. (PM) Earnings Miss

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The 5 months bearish chart indicates high risk for the $132.84B company. The stock decreased 0.33% or $0.29 during the last trading session, reaching $87.28. ( NYSE :PM). Massmutual Tru Com Fsb Adv stated it has 0% in Philip Morris International Inc . Among 20 analysts covering Philip Morris International ( NYSE :PM), 15 have Buy rating, 0 Sell and 5 Hold. Read More »

Don't wait to use Bon-Ton gift cards

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That left only liquidation firms bidding for the company. A bankruptcy court hearing was scheduled Wednesday to approve the sale and liquidation details, but a statement from the company's CEO suggested the end for The Bon-Ton Stores Inc.is certain. Read More »

New York's 'Fearless Girl' Statue Is Moving To New Location

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The city authorities want to move the small sculpture to the building of the NY stock exchange. Since its installation in March 2017, Fearless Girl has been embraced by New Yorkers and tourists alike as a symbol of defiant feminism. So for now, Fearless Girl will stand without the Charging Bull she was created to stare down. The statue was only supposed to be a temporary instillation, and has already been extended over a year longer than anticipated at her current home. Read More »

Bank of Canada holds benchmark interest rate as economic growth moderates

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A key component of the monetary policy report was the sharp upward revision to the central bank's assessment of how much the economy can grow without fueling inflation , a signal policy makers are more at ease with capacity constraints. The bank had predicted the economy to expand by 2.5 per cent in the first three months of the year. Consistent with an economy operating with little slack, core measures of inflation have continued to edge up and are all now close to 2 per cent. Read More »

NEXT Financial Group Inc Sells 3514 Shares of JPMorgan Chase (JPM)

The company's last traded volume of 15.5 million shares was up it's an average volume of 16.65 million shares. The stock outperformed the S&P500 by 12.44%. 6,326 are owned by Kistler. Consulate Inc accumulated 0.27% or 4,991 shares. The stock has "Hold" rating by BMO Capital Markets on Friday, July 14. Hartford Invest reported 78,360 shares or 0.06% of all its holdings. Read More »

Shire rejects $63 bln Takeda bid as Allergan drops pursuit

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Shire PLC (LON:SHP) (NASDAQ: SHPG ) has rejected a £42.4bn takeover offer from Japanese drugmaker Takeda Pharmaceutical Company Ltd. and now Allergan ( NYSE:AGN ) is reportedly considering a bid for the company. The drugs industry has seen a surge in deal-making this year as large players look for promising assets to improve their pipelines but a Takeda-Shire transaction would be by far the biggest. Read More »

EPS for KNOT Offshore Partners LP (KNOP) forecasted at $0.52

Teekay Offshore had 17 analyst reports since August 4, 2015 according to SRatingsIntel. For the past 5 years, the company's revenue has grown 4.2%, while the company's earnings per share has grown 0.9%. KNOP underperformed by 21.75% the S&P500. (NYSE:GIS). Employees Retirement Systems Of Texas has 32,000 shares for 0.02% of their portfolio. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Read More »

European Union short of bargaining chips in negotiations with United States on tariffs

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Following the announcement of the new tariffs, Russian Deputy Minister of Industry and Trade Viktor Evtukhov told Sputnik that Russia meant to negotiate with the U.S. "The Russian Federation is a WTO Member that has a substantial interest as (an) exporter of the products subject to the safeguard measures", it added, requesting "consultations" with United States officials over the issue. Read More »

Eight Capital Lowers Eldorado Gold (ELD) Price Target to C$1.30

The stock has actually grown in the past week, as the company has gathered a 0.46% return in the past 5 trading days. It is a very powerful tool but is often overlooked because it is such a simple indicator. To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players. We can't have enough maintenance the once will always reflect the hard, but logically stocks that have grown earnings per allowance sharply in ... Read More »

Stock within Analysts Limelight: Twenty-First Century Fox, Inc. (FOXA)

The performance of the stock over the past seven days has increased by 3.50%, over the past one-month price index is 1.08% while over the last three months is +1.16%. The TJX Companies had 81 analyst reports since August 10, 2015 according to SRatingsIntel. IBM was the biggest decliner on the benchmark index, down about 7.6 per cent after the company's guidance disdesignated shareholders, who also didn't seem impressed by the quality of expectations-beating earnings that were aided by taxes ... Read More »

Celtics storm to 2-0 lead

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The two originally got called for technical fouls in the said game when Terry Rozier turned at the Bucks bench after hitting a 3-pointer in front of the Bucks' bench and started jawing with Thon Maker, who was on the sidelines. The series now shifts to Milwaukee for Games 3 & 4. "And I thought our guys just did that". "My teammates, my coach, they trust in me to get everybody in the right spots, to run the plays". Read More »

Greitens files restraining order against Hawley

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In 2016, the Associated Press reported that donors to The Mission Continues were receiving fundraising pitches from the governor's campaign. Greitens' lawyers do not think Hawley can be counted on to be impartial in an investigation of the governor. Read More »

Comerica (CMA) Upgraded by Zacks Investment Research to "Buy"

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The stock had a trading volume of 1,611,918 shares. The stock of Comerica Incorporated and Turtle Beach Corporation were two of the most active stocks on Tueday. Comerica had 43 analyst reports since October 23, 2017 according to SRatingsIntel. On Tuesday, January 16 the stock has "Buy" rating by Keefe Bruyette & Woods. Read More »

Procter & Gamble strikes $4.2 billion deal to acquire Merck's consumer health brands

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But intense price competition online, mainly from Amazon, as well as cheaper store-brand products have weighed on profits in the USA and other Western markets. This includes Merck employees who, through their work, are fully dedicated to consumer health, and employees in share deal entities, it added. PGT accounts for almost all of P&G's personal health care sales outside of the United States. Read More »

Can analysts adopt a bullish outlook for SOCO International plc (LON:SIA)?

The insider Schroepfer Michael Todd sold $6.94M. It has underperformed by 3.07% the S&P500. Total analysts of 3 have positions in Photo-Me International PLC ( LON:PHTM ) as follows: 3 rated it a "Buy", 0 with "Sell" and 0 with "Hold". Moreover, Wellington Shields & Ltd Liability Com has 0.27% invested in Facebook, Inc. Citadel Advsr invested 0% of its capital in Telecom Plus PLC (LON:TEP). Read More »

Walmart to Host Electrify America Fast Charging Stations

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The addition of Dynamic DC power sharing technology, allows a two-power cabinet charging system to charge a couple of EVs simultaneously, with up to 350 kW and 500 A, while dynamically optimizing the available grid connection and the power delivery to the two vehicles. Read More »

California OSHA is looking into injury reports at Tesla

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Nearly in the same vein it also takes pretty seriously the allegations of employers' underreporting recordable work-related illnesses and injuries as well. Tesla's statement followed a post from February, in which the company highlighted its efforts to improve worker safety at the Fremont factory. That is the reason it has chose to open inspection at Tesla as was disclosed by a spokeswoman for the state's industrial relations department Erika Monterroza. Read More »

Bristol-Myers Squibb Co (BMY) Holding Grow by Whalerock Point Partners LLC

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The hedge fund run by Hal Mintz held 931,807 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $57.10 million, down from 982,955 at the end of the previous reported quarter. The Company's products include Empliciti, a humanized monoclonal antibody to treat multiple myeloma; Opdivo, a human monoclonal antibody to treat renal cell carcinoma, non-small cell lung cancer, classical Hodgkin lymphoma, gastric cancer, melanoma, metastatic urothelial carcinoma, and squamous ... Read More »

Sensex ends 63 points lower; Nifty settles at 10526

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Brent crude oil futures were at $73.82 per barrel at, up 34 cents, or 0.5 per cent, from their last close. Investor's sentiment was optimistic ahead of quarterly earnings of some key companies, including IT major TCS scheduled to release its results later in the day. Read More »

Britain announces plan to ban single-use plastic products

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Theresa May hopes to use the announcement to encourage the Commonwealth heads of government to join the fight as the meeting opens formally on Thursday, The Guardian reports. Earlier this week, Climate Action reported that the United Kingdom was also pledging £61 million to fund initiatives to tackle plastic waste in Commonwealth nations. Read More »

Ducking Under the Trend Lines, Shares Look for a Catalyst: CM Finance Inc. (NASDAQ:CMFN)

From there a number is derived between 0 - 100 to distinguish that comparison. The Nasdaq Composite Index COMP, +1.74% gained 1.7%, its eighth positive session of the past 11 trading days. Technical analysts have little regard for the value of a company. Some day traders use an intra-day technique known as scalping that usually has the trader holding a position for a few minutes or even seconds. Read More »

Smiths Group (SMIN) Rating Reiterated by JPMorgan Chase

Liberum Capital's price target suggests a potential upside of 10.58% from the company's current price. The rating has been revealed in analysts note on Wednesday, 18 April. It offers custom power system solutions; high-grade flexibility series power supply products, such as power rectifiers; and value-added services for original equipment manufacturers. Read More »

As Coca Cola Co (KO) Shares Declined, Blackrock INC Decreased Stake

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Goldman Sachs upgraded Coca-Cola European Partners from a "neutral" rating to a "buy" rating in a research note on Tuesday. KOF's profit would be $184.87 million giving it 19.41 P/E if the $0.88 EPS is correct. Total analysts of 12 have positions in Coca-Cola ( NYSE:KO ) as follows: 5 rated it a "Buy", 0 with "Sell" and 7 with "Hold". Therefore 55% are positive. Read More »

General Motors Company (GM)

The stock increased 0.36% or $0.33 during the last trading session, reaching $91.7. Analysts Mean Recommendation/Target Price/Volume: The stock exchanged hands with 8899030 numbers of shares contrast to its average daily volume of 10.71M shares. Read More »

Occidental Petroleum Corp (OXY) Position Has Raised by Umb Bank NA

The stock increased 0.26% or $0.14 during the last trading session, reaching $53.49. Toronto Dominion Bancorporation accumulated 1.51M shs. Basic Materials and Independent Oil & Gas are moving forward and Occidental Petroleum Corporation's efforts may transfer some benefits to them too. Read More »

Ghost of demonetization haunts Government, RBI: Chidambaram

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Speaking to TOI, SBI chief general manager (Hyderabad Circle) said, "With RBI permission, we will airlift currency from our bank chests in cash-surplus states to Hyderabad on an emergency basis to deal with current situation". Large-scale hoarding of Rs 2,000 notes which were introduced in 2016 to speedily remonetise the economy in the post note ban phase has directly and indirectly led to a huge cash crunch . Read More »

Parkland activist David Hogg calls for boycott of BlackRock and Vanguard

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BlackRock and Vanguard are two of the largest managers of exchange traded funds, and are the biggest owners of publicly traded firearms manufacturers, including Storm Ruger and American Outdoor Brands . It has also said it will hold discussions with gun manufacturers about their businesses. "Vanguard is taking action, meeting with the leaders of gun manufacturers and distributors". Read More »

Mobile Fined $40m for False Ringtones

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According to Mignon Clyburn , the Democratic FCC Commissioner, the firm's mobile operations, which had massively & deceptively violated the country's legislations, have severely affected numerous telephone calls across the remote regions for many years. Read More »

Enrapturing Stocks: Rio Tinto plc (NYSE:RIO), ConforMIS, Inc. (NASDAQ:CFMS)

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Other large technology companies also enjoyed big advances, counting Amazon, which won 4.3 per cent and Google-parent Alphabet, which added 3.5 per cent. PROFITABILITY RATIOS: The company's net profit margin is 21.90%. Comparatively, the company has a Gross margin 0%. The company's automation of the Pilbara train system is still in process, with approximately 65% of trains at the end of the quarter in autonomous mode with a driver onboard for supervision and more than three million ... Read More »

Analyst Stock Ratings: Enterprise Products Partners LP (EPD), NVIDIA Corporation (NVDA)

At the close of regular trading, its last week's stock price volatility was 7.08% which for the month reaches 7.51%. About 1.78 million shares traded. (NYSE: EPD ) to report earnings on April, 30 before the open. MRK's profit will be $2.67B for 14.81 P/E if the $0.99 EPS becomes a reality. Total analysts of 9 have positions in Enterprise Products Partners LP (NYSE: EPD ) as follows: 9 rated it a "Buy", 0 with "Sell" and 0 with "Hold". Read More »

PA Sells 3022 Shares of The Walt Disney Company (DIS)

It has outperformed by 27.65% the S&P500. Peregrine Asset Advisers reported 0.15% stake. Capital Management Corp sold 29,247 shares as the company's stock declined 8.57% with the market. Since February 26, 2018, it had 0 buys, and 1 sale for $194,780 activity. Therefore 56% are positive. During the same period in the previous year, the firm posted $1.55 EPS. Read More »

Shareholder letter: Amazon.com tops 100M Prime members

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The price fell sharply, thanks in part to the tweets from Pres. Trump about how Amazon was paying too little for USA postal service and was hurting small businesses. Without knowing how big Prime is or how much it's growing, it's been hard to figure out how successful the program has been. Bezos said more new Prime members joined on Prime Day 2017 than on any other day in the company's history. Read More »

Mitsubishi Ufj Trust & Banking Corp Holds Stake in Procter & Gamble (PG)

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Altavista Wealth Management Inc. now owns 10,199 shares of the financial services provider's stock valued at $247,000 after acquiring an additional 68 shares during the period. (NYSE:ETP) has "Hold" rating given on Monday, June 5 by BMO Capital Markets. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty-seven have given a buy rating and one has issued a strong buy rating to the stock. Read More »

IRS gives extension after system issues on Tax Day

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The IRS encountered system issues Tuesday morning. "The extra time will help taxpayers affected by this situation". Throughout the system outage, taxpayers were still able to file their tax returns electronically through their software providers and Free File. Read More »