Tuesday, 21 August 2018
Latest news
Home » Finance

Finance

IndusInd Bank Q3 net profit rises 25% to Rs936.25 crore

perth_map

Net interest income (NII), or the core income a bank earns by giving loans, increased 20.04% to Rs1,894.81 crore versus Rs1,578.42 crore a year ago. Capital Adequacy Ratio (CRAR) at 15.83 %. Provisions and contingencies rose 8.9% to Rs236.16 crore in the quarter from Rs216.85 crore a year ago. Read More »

US Retail Sales Rise

perth_map

Department stores, which are a contracting retail category, saw a decline of 1.1 percent. Retail trade sales increased 0.3% from November and 5.6% from past year. Shepherdson also pointed out the sharp 0.4% net upward revision to non-automobile sales for October and November, which he expected would trigger upward revisions to estimates of household consumption for the final three months of 2017. Read More »

Kansas swatter faces involuntary manslaughter charge

perth_map

His bond has been set to $500,000 for involuntary manslaughter . It wasn't known that week what charges Barriss could face in Kansas. Barriss is accused of making the false report, which reportedly spawned from an argument after a wager-based game of Call of Duty: WWII. Read More »

FDI policy liberalised; fgn airlines allowed 49% stake in AI

perth_map

India has secured robust foreign investment inflows in recent years, but its economic growth has slowed recently. These are meant to liberalise and simplify the FDI policy so as to provide ease of doing business in the country. Currently, the policy provides for 49 percent FDI under automatic route in power exchanges. "Allowing 100% FDI under automatic route for the Single Brand retail will provide impetus to the development of infrastructural capabilities like warehousing and assist in ... Read More »

Copa del Rey: Real Madrid CF draw with Numancia but reach quarters

perth_map

Back to back league setbacks against the Catalans and Celta Vigo were followed by 2-2 draw with minnows Numancia in Copa del Rey, and it is perfectly clear the players are completely out of confidence at the moment. "The hard thing is to avoid reading and listening to what's being said". "You [the media] know very well it is not all negative here". We need our fans. Read More »

WWE Superstar Paige is Retiring Early Due to Injury

perth_map

According to a report from PWInsider , Paige (25 years old) was informed this past Monday at Raw that she is done as an in ring performer. Despite the possibility of Paige not being able to wrestle ever again, this does not mean she will leave the WWE forever. Read More »

M&S outsources 250 technology roles to Tata

perth_map

The company is clocking an annual revenue run-rate of $4 billion in the digital business, it said. In this regard, Gopinathan said, "Progressive organisation looking to take advantage of new opportunities in the Business 4.0 era are up their digital investment, and TCS has emerged as thier preferred transformational partner". Read More »

SS&C agrees $5.4bn DST Systems takeover

perth_map

About 290,770 shares traded. SS&C has announced the acquisition of DST Systems in a deal worth $5.4 billion. It has underperformed by 0.05% the S&P500. Envestnet Asset Mngmt holds 0% or 22,550 shares. (NASDAQ: SSNC ) for 17,285 shares. This is a positive change from DST Systems's previous quarterly dividend of $0.33. Read More »

Delta Air Lines, Inc. (NYSE:DAL) Short Interest Up 36.4% in December

perth_map

Several large investors have recently modified their holdings of the company. That's a potential 18.87 increase relative to where Delta Air Lines, Inc . (NYSE: DAL ). Massachusetts-based Rhumbline Advisers has invested 0.12% in Delta Air Lines, Inc . Robert W. Baird maintained the shares of SPR in report on Friday, November 10 with "Buy" rating. Read More »

Britain's dominant services firms pick up pace in sign of economy accelerating

perth_map

Together these countries account for 89 percent of eurozone manufacturing activity. Activity levels have now improved in each of the past 22 months. In the USA, the Federal Reserve raised interest rates three times last year and, according to officials' median forecast, has penciled in another three this year on the expectation that inflation will move back toward its 2 percent target. Read More »

Diet Coke unveils new look, 4 new flavors

The revamped can and additional flavors - ginger lime, feisty cherry, twisted mango and zesty blood orange - will hit store shelves in mid-January. From these insights, Coca-Cola's R&D team developed and tested more than 30 Diet Coke flavor combinations, featuring tropical, citrus and even botanical notes. Read More »

Taylor Swift adds second Philadelphia show

perth_map

Swift has performed a total of five times at Lincoln Financial Field , which includes back-to-back shows in June 2015 and July 2013, along with her debut in August 2011. The cheapest is at $160 apiece for Swift's show at the NRG Stadium in Houston on September 29 and another costs $230. The Post reported that Swift's upcoming tour is turning out to be a " disaster ", thanks to high-priced tickets and controversial ticketing methods. Read More »

We Dare You to Watch the Trailer for Blumhouse's 'Truth or Dare'

perth_map

Directed by Jeff Wadlow ('Kick-Ass 2'), the thriller co-stars Violett Beane , Nolan Gerard Funk , Hayden Szeto and Sophia Taylor Ali . Truth or Dare opens in theaters April 27, watch the trailer below. A scene from Universal Pictures " " Truth or Dare '. 2017 was a vintage year for the horror genre and 2018 is shaping up to be another solid year for people that love scary movies - take a look at our 2018 horror preview here . Read More »

Winter is Coming! Tallahassee Sees First Snow in 28 Years

perth_map

Winter Storm Grayson caused small flurries to fall in the notoriously warm state, putting a total of 0.1 inches of snow on the ground, reports Time . Police even had to close the bridges and overpasses in the city out of concern for drivers. The Weather Channel predicted up to five and a half inches for Savannah, with three to six inches for South Carolina. Read More »

Parking garage fire destroys roughly 1400 of cars in UK

perth_map

The fire next to Liverpool's Echo Arena also threatened horses that were stabled in the garage for performances at the Liverpool International Horse Show . Terrified motorists abandoned their cars and fled from the blaze, along with 4,000 attendees of the show, on New Year's Eve. Next up on the arena's schedule is " Fast and Furious Live ", Jan. Read More »

International Business Machines Corporation (IBM) price multiple see decline below Technology sectorby

perth_map

RBC Capital Markets raised its rating for the technology company to outperform from sector perform, citing the stock's cheap valuation. The stock decreased 0.40% or $0.62 during the last trading session, reaching $153.42. As per Thursday, October 22, the company rating was maintained by RBC Capital Markets. Since August 3, 2017, it had 0 buys, and 9 insider sales for $16.47 million activity. Read More »

Canada Targets US Trade Remedies With Massive WTO Case

perth_map

Susan Yurkovich, President of the BC Lumber Trade Council, said in a statement: "For decades, the Canadian lumber industry has been subject to unfair and unwarranted duties imposed by the U.S. "The government is increasingly sure about this...it is now planning for Trump to announce a withdrawal", one unnamed source reportedly told Reuters . Read More »

State Dept OKs $133M SM-3 Block IIA Missile Sale to Japan

perth_map

The State Department has approved a possible $133.3 million deal with Japan for four Standard Missile-3 Block IIA missiles. The most provocative moment came November 29, when North Korea said it successfully tested a new type of intercontinental ballistic missile, topped with a "super-large heavy warhead" which it said was capable of striking the USA mainland. Read More »

Price of new genetic therapy for blindness set at $850K

perth_map

In addition, it is working with stakeholders in the healthcare industry, including health insurers, for installment options and rebates. Spark estimates that up to 2,000 people in the United States suffer from the condition, with the number of sufferers rising to 6,000 when Europe and other markets where it could sell the treatment are included. Read More »

Ikea needs ladies to pee on its new advert for a crib

perth_map

The ad really functions more as a simple, free pregnancy test-and encourages readers who are pregnant to join Ikea Family and reap the benefits. The ad is understandably turning a lot of heads, and some are calling it sexist. The advert itself was created for Ikea in collaboration with Mercene Labs by Swedish marketing agency Åkestam Holst . "Creating a controlled capillary action and well-balanced choice of materials were critical components to the project's success", he added. Read More »

Fog hits train, flight services for 2nd day

perth_map

Six flights were cancelled and over 60 delayed, including 40 domestic and 26 worldwide flights, due to dense fog at the Indira Gandhi global (IGI) Airport causing inconvenience to passengers on Tuesday. It, however, forecast that the fog would continue for some more days. Delhi got off to a misty start on day one of the New Year as a thick blanket of fog descended on the national capital, forcing over 500 flights and 400 trains to be delayed. Read More »

New Jersey Now Only State Where You Can't Pump Your Own Gas

perth_map

However, many gas stations in two central OR counties said they will continue to pump gas for customers despite a new law allowing self-serve gasoline in rural counties taking effect in a few days. The law, which was passed through Oregon's legislature in May and signed into law June, allows self-pumping in nearly half of the state's 36 counties. Read More »

Finally KQ to fly Nairobi-New York direct

perth_map

With the commencement of this route, Kenya Airways will become the first and only airline to provide nonstop service from East Africa to the U.S. The route will also be the 6th nonstop route from New York's JFK Airport to the African continent. Read More »

Analyst Earnings Estimates Scan: Marathon Petroleum Corporation (MPC)

perth_map

Facebook Inc now has $545.83 billion valuation. Following the completion of the transaction, the vice president now directly owns 32,205 shares in the company, valued at $2,005,083.30. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, August 31. The company was maintained on Tuesday, November 14 by Bank of America. Read More »

Brookfield-led group to buy Westinghouse Electric for US$4.6 billion

perth_map

The effect of the deal on the Westinghouse business in the United Kingdom is yet to become clear but Brookfield has a track record of investing in and developing "long-life, high quality assets". However, the company suffered after it agreed to build two plants in the U.S. Southeast on fixed-price contracts. Last year , Brookfield Asset Management acquired control of two owners of renewable energy projects, TerraForm Global and TerraForm Power , from SunEdison, which had filed for ... Read More »

Property assessments show biggest gains in condo market

perth_map

It's a large number, and the sheer volume of data about B.C. property values that comes out every year at this time can be overwhelming. Vancouver, Squamish, Burnaby, Tri-Cities, Richmond, Surrey and the North Shore were among the areas with the highest increases a year ago, and the province sent out notices ahead of time so owners wouldn't be caught off-guard. Read More »

Comprehensive Stock Analysis Of General Electric Company (GE)

General Electric Company (GE ) will report its next earnings on Jan 24 BMO. The stock decreased 0.02% or $0.01 during the last trading session, reaching $61.37. Since August 8, 2017, it had 2 insider buys, and 1 sale for $4.48 million activity. EMR traded at an unexpectedly low level on 09/01/2018 when the stock experienced a 0.17% gain to a closing price of $72.32. Read More »

Winning €38.9m Euromillions ticket was sold in Dublin

perth_map

The person who made contact has decided not to go public with their huge win, according to a spokeswoman for the National Lottery who would not confirm if the holder of the ticket was part of a syndicate or an indivual player. The winning Quick Pick ticket was sold on Friday, December 29. Dolores McNamara was Ireland's first ever EuroMillions Lottery victor in 2005 when she won €115 million, a record amount. Read More »

Quavo Celebrates With Georgia's Football Team Following Rose Bowl Victory

perth_map

Styles make fights, as they say. Then we had just held them to a field goal, I think, defensively, so I felt good about the second run at it. "We knew we were a four quarter team". "What a game", Georgia head coach Kirby Smart said. Oklahoma: The Sooners' defense has been an issue all season, but it did look for a while like it might make the decisive play. Read More »

Nissan wants to use your brain waves to make driving safer

perth_map

It can foresee upcoming movements such as adjustments to steering, the throttle or brakes, and enforce them using driver assist technology between 0.2sec and 0.5sec quicker than the human driver can. Bizarrely, Nissan also claims its technology could extend to altering what passengers actually see when sat in the auto. Nissan claims to have developed a vehicle that can read its driver's mind . Read More »

Iceland just made it illegal to pay women less than men

perth_map

Iceland has topped lists for gender equality . The government has committed to closing the gender pay gap by 2022. Iceland has been ranked as the best in the world for gender equality by the World Economic Forum for nine years in a row and has closed around 10 percent of its gender gap since 2006. Read More »

BlackBerry partners with China's Baidu on autonomous vehicle tech

perth_map

The two companies said they will also integrate Baidu's CarLife, a leading smartphone integration software for connected cars in China, its conversational AI system and high definition maps with BlackBerry's infotainment platform. All Apollo partners will also get early opportunities to work with future generation, breakthrough image sensing technologies from ON Semiconductor. Now, the Waterloo, Ontario-based company is trying to transform that expertise into building operating systems ... Read More »

Burst Water Main At JFK Airport Floods International Terminal

perth_map

By 1pm U.S. time , more than 20 departing flights had been cancelled from JFK with 24 scheduled arrival cancellations and more than 100 flights delayed. But when flights resumed, the number of planes coming in, particularly large planes flying internationally, outpaced the number of gates that could handle them, and a backlog began. Read More »

Amazon buying Target? Not likely in 2018

perth_map

Amazon made headlines last year after buying Whole Foods for $13.7 billion and is predicted to make even more headlines this year. The key investor takeaway is that Amazon won't buy Target or at least shouldn't buy the stagnant retail company. Read More »

Customers win with $1000 rebates in SCANA buyout, Virginia utility says

perth_map

South Carolina-based SCANA abandoned previous year efforts to build two nuclear units and canceled the twin unit V.C. Summer nuclear project in Jenkinsville, South Carolina. "We are happy to provide South Carolina Electric & Gas additional renewable resources and help an excellent corporate citizen in Solvay reduce its carbon intensity". Read More »

Brandywine Realty Trust: Jpmorgan Chase & Co Opened Position

perth_map

Rafferty Asset Mngmt Limited accumulated 28,824 shares. Systematic Management Lp, New Jersey-based fund reported 9,300 shares. State Of Wisconsin Inv Board reported 0% stake. DOC's profit will be $49.85 million for 15.73 P/E if the $0.27 EPS becomes a reality. The stock price volatility for last week at the close of regular trading was 1.36%, pushing the figure for the whole month to now reaching 1.4%. Read More »

Tech Stock under Consideration- Applied Materials, Inc. (AMAT)

perth_map

During last 3 month period, -0.08% of total institutional ownership has changed in the company shares. The company has a market cap of $57,950.00, a P/E ratio of 17.31, a price-to-earnings-growth ratio of 1.07 and a beta of 1.81. Since August 23, 2017, it had 0 insider purchases, and 5 insider sales for $12.03 million activity. $1.54 million worth of Applied Materials, Inc . Read More »

Retail inflation hits 17-month high of 5.21% in December

perth_map

But clothing prices fell for the fourth consecutive month, and airline fares fell 0.5% after a 2.4% drop in November. Analysts polled by Reuters had predicted December's consumer inflation rate would climb to 5.10 percent, the highest since July 2016, from 4.88 percent in November. Read More »

China suspends Marriott website over geography gaffe

perth_map

Shanghai's cyberspace authority late Thursday ordered Marriott to close its Chinese website and app for a week and completely clear out illegal and irregular information, according to a government statement. Hong Kong, Macao, Taiwan, and Tibet are all parts of China, which is not only a basic fact, but also the consensus of the global community, spokesperson Lu Kang said at a daily press briefing. Read More »

Infosys December quarter net profit jumps 38% to Rs 5129 crore

perth_map

Analysts were expecting the company to report a net profit of 36.17 billion rupees. That compares with the 0.7 percent sequential rise and 7.7 percent gain on the year-earlier period, that analysts at HDFC Securities projected. In the past, Infosys's performance was crimped as it failed to develop leaders who could take over from the founders who led the company until 2014. Read More »

New Tax Law Brings Big Bonuses for Chrysler Workers

The new plant will add an additional 2,500 new jobs to the state economy, while Mexican workers will still continue to produce other Fiat Chrysler models at its Mexico factory, according to The Sun Herald. FCA will shift production of trucks from its current plant in Mexico back to a plant near Detroit and will also divvy up bonuses to the company's American workers, in light of the recent tax reform law, The Sun Herald reports . Read More »

Toyota, Mazda Select Alabama for New Manufacturing Plant

perth_map

Production is expected to begin by 2021. With the nation's most productive manufacturing workforce and No. 1 state workforce training program, Louisiana can make a compelling case for new investment. The three states will be making their best efforts to market their plans to Toyota, Mazda and potential and current suppliers, as reported by the Daily Journal's Dennis Seid. Read More »

May apologises over NHS winter crisis

perth_map

GP, A&E and out of hours are all part of one system and all three are under enormous pressure. We are simply not coping, we were at full capacity before the sorts of pressures that we should be able to manage - like a rise in flu - is pushing us over the edge. Read More »

Russia-China Trade Up 20.8% in 2017

perth_map

The billionaire's comments and economically nationalist platform - including pulling out of a key Pacific pact and threatening to tear up another with Canada - have fanned fears of a trade war. China's exporters have had a blockbuster year. China's crude oil imports were down 12 percent last month, albeit from near-record levels above 9 million barrels per day in November, weighing on futures prices on Friday. Read More »

Uber Had A Secret Program To Thwart Police Raids To Their Offices

perth_map

Uber is said to have used the system more than 20 times between spring 2015 until late 2016, in places such as Canada, Brussels and Hong Kong, to name a few. The company's hard-charging co-founder and CEO, Travis Kalanick , resigned in June after former engineer Susan Fowler's early-2017 blog post revealed a corporate culture that was toxic to women. Read More »

Ford Urges Some Ranger Owners Not To Drive After Takata Deaths

perth_map

Ford issued a statement Thursday urging drivers of the 2006 Ranger need to stop using the truck because of the airbags, and call "immediately to schedule a free fix". More than 180 people have been injured. "Parts are available now, and dealers are prepared to get vehicles directly from customers, make permanent repairs that will resolve the safety risk". Read More »

Watch Online Telecast as ISRO Launches 100th Satellite

perth_map

The co-passenger satellites comprise one micro and nano satellite each from India as well as three micro and 25 nanosatellites from six countries - Canada, Finland, France, Korea, the United Kingdom and United States of America. The launch is estimated to take 7 minutes and 15 seconds, and the telecast will be both in Hindi and English. "When the last satellite is ejected out it will become the hundredth satellite.the first century we have done", ISRO Satellite Centre (ISAC) director M ... Read More »

Central Florida store among series of Sam's Club closures

perth_map

Sam's Club is closing 63 of its warehouse stores across the US, nearly 10 percent of the locations in the 660-store chain. "If the company feels they meet one of those exceptions they won't file that notice". Only four Sam's Club warehouse stores in Texas got the ax. Another local report said some stores may reopen temporarily to sell off inventory at a discount before they close again for good. Read More »

Tech firms rush out patches for 'pervasive' computer flaw

perth_map

If you haven't already, you'll want to take action to protect your devices. "Security researchers have recently uncovered security issues known by two names, Meltdown and Spectre ". The best advice on how to respond to Meltdown and Spectre is to seek advice - and from an IT professional. Despite concern that fixes may slow down devices, Apple said its steps to address the Meltdown issue haven't dented performance. Read More »