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Infosys board appoints Salil S Parekh as CEO and Managing Director

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Infosys in October reported a 3.3 percent year-on-year rise in profits for the second quarter after the boardroom turmoil hit shares for several weeks. "Salil contributed in particular to the development of the group in India and in the US", Chairman and CEO of Capgemini Group Paul Hermellin said. Parekh has a Master's degree in Computer Science and Mechanical Engineering from Cornell University, and a Bachelor of Technology degree in Aeronautical Engineering from the Indian Institute of ... Read More »

Cedar Realty Trust Inc (NYSE:CDR) Sentiment Improved, Because

Biogen Inc. (NASDAQ:BIIB) has risen 4.94% since December 1, 2016 and is uptrending. 1832 Asset Management Lp increased Digital Rlty Tr Inc (DLR) stake by 120.32% reported in 2017Q2 SEC filing. Transamerica Financial Advisors owns 4 shares or 0% of their USA portfolio. Mirae Asset Glob Communications, Korea-based fund reported 3,432 shares. Since June 13, 2017, it had 0 insider buys, and 1 insider sale for $530,800 activity. Read More »

Morrisons Staff To Receive Compensation After Data Breach

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The High Court has allowed a compensation claim by Morrisons supermarket staff whose personal details were leaked by a disgruntled colleague. Lawyers said the case was the first mass data leak action of its kind in the UK. The case, which could have implications for every individual and business in the country, comes after the breach affecting 100,000 employees in 2014. Read More »

Maruti Suzuki India sales up 14% to 154600 units in Nov 2017

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Tata Motors posted a 35% jump in passenger auto sales to 17,157 units on account of good demand for its new launches, including the compact SUV Nexon, said Mayank Pareek, president of the passenger vehicles unit at the firm. Auto sales in November recorded a surprising 16 per cent yearly growth, riding on low-base effect following demonetisation, continued robust demand from the rural pockets and new launches. Read More »

Targeted Movers: CVS Health Corporation (CVS), Denbury Resources Inc. (DNR)

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This continues to be an interesting story, and we look forward to updating it again soon on CVS Health Corporation . As per Tuesday, April 19, the company rating was downgraded by Sidoti. Thrivent Financial For Lutherans owned 0.14% of CVS Health worth $112,734,000 at the end of the most recent reporting period. (NASDAQ:TRIP) for 315,116 shares. Read More »

Analyzing the Insider Data for Bank of America Corporation (BAC)

Higher relative volume you will have more liquidity in the stock which will tighten spreads and allow you to trade with more size without a ton of slippage. The firm has "Buy" rating by Piper Jaffray given on Tuesday, May 30. The firm earned "Outperform" rating on Friday, April 7 by Wood. The firm has "Outperform" rating given on Thursday, September 10 by Wells Fargo. Read More »

Amazon delivery driver caught on cam defecating on Sacramento street

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What he found, he never would have expected. Shocked, Bautista took to social media, asking the company to deal with the issue. She is then seen standing up, adjusting her clothing and scampering around the front of the van to the driver's seat and eventually pulling away, leaving a mess behind. Read More »

Are Analysts Bearish Amazon.com, Inc

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Cowen & Co maintained Plug Power Inc. The rating was maintained by Panmure Gordon with "Buy" on Thursday, November 3. Five investment analysts have rated the stock with a hold rating and forty-nine have issued a buy rating to the company. Ftb Advisors Inc has 626 shares. Goelzer Investment Management Inc. now owns 397 shares of the e-commerce giant's stock worth $384,000 after purchasing an additional 130 shares in the last quarter. Read More »

Blue Apron CFO appointed as CEO

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The stock was sold at an average price of $3.07, for a total value of $339,179.74. "I know that I speak for everyone at Blue Apron in thanking Matt for his leadership and tireless dedication to the company", said Dickerson. A number of large investors have recently added to or reduced their stakes in the business. Obermeyer Wood Investment Counsel Lllp purchased a new position in Blue Apron in the 2nd quarter worth approximately $110,000. Read More »

The Drilldown: OPEC signals tighter oil supply through 2018

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Member-countries of the monitoring committee will hold regular meeting, Al Rumhy said. The present production cuts deal, which began on January 1 and called on OPEC countries and 10 non-OPEC producers led by Russian Federation to cut a combined 1.8 million barrels per day in supplies to tackle oversupply and the attendant drop in prices, was in May extended by nine months to March 2018. Read More »

Hot Stocks Among Investors: General Motors Company (GM), Viacom, Inc. (VIAB)

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New York State Common Retirement Fund cut its stake in shares of General Motors (NYSE:GM) (TSE:GMM.U) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. F's profit will be $1.75 billion for 7.12 P/E if the $0.44 EPS becomes a reality. The company's diluted EPS for trailing twelve months was 4.62. The price to earnings ratio for Ford Motor Company (NYSE:F) is 10.89906. Read More »

American Airlines, Pilots Agree on Solution to Staff December Flights

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Earlier this week , the Allied Pilots Association said that more than 15,000 American flights from december 17 to 31 could be without pilots because the glitch allowed too many of them to schedule vacation during that period. If things aren't solved, it could affect a lot of people. The world's largest airline hasn't scrubbed any scheduled December flights, spokesman Matt Miller said Thursday in an email. Read More »

Walmart pulls controversial t-shirt that suggests violence toward journalists

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Journalist. Some assembly required", which would seem to advocate for the lynching of journalists. Poynter.org reported the T-shirts also popped up past year during a Donald Trump presidential campaign rally on November 6, 2016. "This item was sold by a third-party seller on our marketplace and clearly violates our policy", Walmart said . When NTD checked Teespring's page on Friday, Dec. Read More »

CME Group to launch bitcoin futures contract on December 18

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The announcement by the Commodity Futures Trading Commission paves the way for CME and CBOE to become the first traditional USA regulated exchanges where bitcoin-related financial contracts can trade, a move that will lead to increased regulatory scrutiny of the biggest and best-known digital currency. Read More »

GM Wants Autonomous Cars in Major Cities By 2019

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Until now, GM has said autonomous vehicles were a big part of its future but did not give many details. First, GM is aiming for launching a fully-autonomous ride-sharing service by 2019 in "multiple cities"-this despite small setbacks like that one self-driving Bolt getting stymied by a taco truck in San Francisco with a journalist in the back seat". Read More »

RBS and NatWest to close 259 branches

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A spokeswoman said: "Nationally, the way people bank with us has changed radically over the last few years: since 2014, the number of customers using our branches across the United Kingdom has fallen by 40 per cent". Sixty five per cent of customers are now choosing to bank digitally. Customers will be written to directly to be made aware of the alternative ways to bank in their area, and the banking group stressed that Community Bankers would be able to assist in local communities - 103 ... Read More »

Kroger Co (NYSE:KR) Shares Sold by SG Americas Securities LLC

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Vanguard Group Inc. increased its holdings in Kroger by 1.2% in the 2nd quarter. During the quarter, total sales increased 4.5% year over year, but excluding fuel total sales increased 3.0% compared to last year. Hjelm sold 12,139 shares of the company's stock in a transaction on Wednesday, April 19th. Jefferies Group LLC restated a "hold" rating on shares of Kroger Company (The) in a research note on Friday, August 25th. Read More »

Italy's Manufacturing Sector Growth Accelerates In November

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This was the highest level since February 2011 and the second-best since the survey began in 1996. Any reading above 50 indicates expansion in the sector. Poland's Purchasing Managers' Index (PMI) rose to 54.2 points in November from 53.4 points in October, according to Markit, a provider of financial information services. Read More »

World's largest lithium ion battery is go

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The 100-megawatt battery was put to work, a day ahead of schedule, switching on yesterday during extreme weather conditions. "South Australia is now leading the world in dispatchable renewable energy ", state Premier Jay Weatherill said at the official launch at the Hornsdale wind farm, owned by private French firm Neoen. Read More »

Applebee's is selling Long Island Ice Teas for $1 in December

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During the final month of 2017, Applebee's will be offering $1 Long Island Icea Teas through a promotion called (and I'm not making this up) the Dollar L.I.T. Jamie, you're paying a dollar to get L.I.T honestly, take your negativity out for a $10 cocktail. It will be available all day at participating Applebee's restaurants nationwide every day in December. Read More »

Verizon 5G Home Internet Launches in Mid

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Cubist Systematic Strategies Limited Liability Company stated it has 0.17% of its portfolio in Verizon Communications Inc. Limited Ltd Limited Liability Company has 0.06% invested in Verizon Communications Inc. It has underperformed by 25.18% the S&P500. Verizon Communications Inc. has a 1-year low of $42.80 and a 1-year high of $54.83. Verizon Communications Inc (N:) shares rose 2 percent in midday trading on Thursday after the No. Read More »

Argentina's missing submarine: 'No one will be rescued'

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The rescuers have allowed for twice the possible time that the crew could have remained alive. Balbi said the search was no longer considered a rescue mission, but the hunt would go on for the missing sub. "This is perverse and impossible to understand", said Luis Taglapietra, whose son Damián was a 27-year-old trainee on the submarine. Some hours later, an explosion was detected near the time and place where the San Juan was last heard from. Read More »

N-Out Burger announces plans for distribution facility in Colorado Springs

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Colorado will soon become part of the exclusive list of states to have In-N-Out Burger restaurants. The project is now still in its planning stages, with no specific timeline in place for when the first stores might open. And, in the meantime, there's always waiting patiently for In-N-Out's east-coast "rival" Shake Shack to open next year . However, the steps we are taking now represent the first of many on the road to serving customers in Colorado. Read More »

Randi Zuckerberg has some strong words for Alaska Airlines

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For knowing about his behavior and being more concerned with taking his money than for the safety and security of other passengers around him". ". and how 'these Millenial women just aren't willing to give some booty to get a job anymore", he allegedly said, according to Zuckerberg. Read More »

Cyber Monday biggest shopping day in Amazon's history

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It said that it sold "hundreds of millions of products" over the five day period, and Cyber Monday 2017 sales through the Amazon app (presumably mobile) grew by 50 percent on past year. Again, how many orders that means is anyone's guess. For customers who prefer to pick up their packages when it's convenient for them, Amazon Locker is a safe and secure way to receive Amazon packages. Read More »

Trump Starts Probe Into Aluminum That China Calls Protectionist

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Washington is shifting up a gear in its trade crusade against Beijing, moving from tough rhetoric to action by launching an anti-dumping investigation into imports of Chinese sheet aluminium. The Tuesday action comes three weeks after President Donald Trump went to Beijing to meet with his counterpart, Xi Jinping. In a separate anti-dumping an anti-subsidy investigation into aluminum foil, the Commerce Department in October imposed combined preliminary duties of 108 to 243 percent. Read More »

American Airlines glitch gives pilots holiday at Christmas

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American Airlines said in a statement Wednesday that they were "working diligently to address the issue and expect to avoid cancellations this holiday season". Some 15,000 flights out of major hubs, including Miami, Dallas-Fort Worth, Chicago O'Hare and New York's LaGuardia Airport, are now estimated to be without pilots, CNBC reports. Read More »

3% growth in economy far below what Modi govt promised: Chidambaram

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The GVA, or the Gross Value-Added growth, was estimated at 6.1 per cent, which is marginally better than 5.6 per cent in the previous quarter of June this year. "Data used for Q2 of 2017-18 is based on data reported as on date". Data released on Thursday by the Central Statistics Office (CSO) showed that the GST-induced supply shock may have eased considerably, helping a rebound in the broader economy. Read More »

Roark Buys Buffalo Wild Wings for $2.9 Billion

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The $2.9 billion deal, announced before stock trading began Tuesday morning, represents the abrupt exit of an activist shareholder who in June won control of Buffalo Wild Wings in a proxy battle with company management. Wells Fargo & Co's target price indicates a potential downside of 4.98% from the stock's current price. Of those transactions, there were 37,604 shares of BWLD bought and 22,955 shares sold. Read More »

Sensex, Nifty fall for second day as focus shifts to GDP data

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On the other hand, investors will be watching closely as the CSO releases the September quarter GDP data less than an hour from now. At 1.45 p.m., the 30-share BSE index Sensex was down 281.10 points or 0.84 per cent at 33,321.66 and the 50-share NSE index Nifty was down 83.5 points or 0.81 per cent at 10,277.80. Read More »

Irish PM says progress being made in Brexit border talks

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The issue is a major sticking point in the negotiations and must be dealt with before trade talks can begin. A Conservative MEP has sparked debate with the suggestion a referendum should be held on Northern Ireland remaining in the Customs Union. Read More »

Uber's third-quarter net loss $1.46B

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Uber reported its financials to shareholders as part of a formal tender offer , revealing a loss as it faces fierce competition, legal challenges, and regulatory scrutiny. The Uber data breach had been kept under wraps for over a year. " General Atlantic and Russia's DST Global , which had both been in talks to buy stock, dropped out of the deal, said one person, who asked not to be identified because the details are private". Read More »

Analyst Ratings and Financial Health of Tiffany & Co. (NYSE:TIF)

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Luxury jewelry maker Tiffany & Co. It also reduced its holding in Allianzgi Nfj Divid Int & Pr (NFJ) by 316,993 shares in the quarter, leaving it with 13,967 shares, and cut its stake in Best Buy Inc (NYSE:BBY). Tiffany & Co. had 71 analyst reports since July 29, 2015 according to SRatingsIntel. Goldman Sachs downgraded the stock to "Neutral" rating in Wednesday, January 20 report. Read More »

Heads roll at London Stock Exchange

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David Warren, CFO of the London stock exchange, is to assume the additional role of interim CEO until a successor is appointed. The shareholder, a hedge fund activist called TCI Fund Management, wanted Rolet to stay in the role until 2021 and LSE chairman Donald Brydon to leave instead. Read More »

US GDP surges to best level since 2014

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Led by a rise in business investment, the USA economy grew at an annual pace of 3.3 percent from July through September, its fastest rate in three years. The bureau, an agency of the Commerce Department, will release its third and final estimate of third-quarter GDP on December 21. -The Federal Reserve's preferred gauge of inflation, which is included in the GDP report, rose at an annual pace of just 1.5 percent, well below the Fed's 2 percent target. Read More »

Glitch leaves American Airlines with few pilots for Christmas week

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The union was notified last week that there was an issue with the system through which pilots request and are granted time off, CNBC reported . A union spokesman calls it a potential crisis. It's not clear right now if any flights will be cancelled, but the union says American's plan to do so would violate the union contract. The union has also filed a grievance alleging that the higher wage deal the company is now offering would violate a labor pact. Read More »

Maggi Noodle has more Ash ?

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This turn of events is somewhat reminiscent of Nestle India's 2015 nightmare when Maggi noodles tested positive for high levels of lead and higher-than-permissible levels of monosodium glutamate, or MSG . The yellow-and-red packages of Maggi noodles are a popular snack in India and can be found in shops in the furthest reaches of the country. "We regret the confusion it may cause to consumers", he said adding that the noodles were "100 per cent safe for consumption". Read More »

Nasdaq plans bitcoin futures contract in 2018

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Apparently - after observing resistance at $11,500 - a whale had set $11,400 as his or her target exit vector because at 10:11, the candle turned red, and three minutes later, this trader unleashed a massive market sell order. Bitcoin futures give sophisticated investors an instrument to hedge their bets in the cryptocurrency and could help professional traders overcome their hesitation to get involved in the bitcoin markets. Read More »

BuzzFeed to cut jobs, refocus advertising

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BuzzFeed employs about 1,700 people globally. The move is part of a reorganization to diversify revenue in a hard advertising market where online giants Google and Facebook are dominating. "As our strategy evolves, we need to evolve our organization too". "Offerings like media, programmatic, low-touch products, and strategic partnerships will in some cases require less staff, and in other cases require us to bring in different talent profiles". Read More »

For Chipotle, The Search For A New CEO Begins

Pershing Square said on Wednesday that it fully supported Ells's decision to step aside. Bringing in a new CEO would give Ells the ability to better focus on "bringing innovation to the way we source and prepare our food", he said in the press release . Read More »

India, Singapore join hands for enhanced maritime security

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Union Minister for Defence, Nirmala Sitharaman with Defence Minister of Singapore, Ng Eng Hen making a statement after their bilateral talks in New Delhi on Wednesday. This comes in the backdrop of China's increased aggression in South China Sea and the increased presence of Chinese Naval ships and submarines in the Indian Ocean . Read More »