Thursday, 24 May 2018
Latest news
Home » Finance

Finance

New streamlined structure for VW

perth_map

As well as his role as the Chairman of the Board of Management, Diess will also be responsible for Group Development and Research, Rupert Stadler , current Audi CEO , will oversee Group Sales, while Oliver Blume , Porsche CEO, will take responsibility for Group Production. Read More »

Theresa summons cabinet to decide Syria response

perth_map

US President Donald Trump is believed to be considering missile strikes against facilities related to the production and delivery of chlorine and sarin or sarin-like agents. Action against the Syrian regime itself was ruled out in a parliamentary vote in 2013, and many MPs have called for a vote before any action this time. Read More »

Facebook CEO's compensation jumps to $8.9 million as security costs soar

perth_map

The closest the Facebook CEO came to addressing the issue was when he acknowledged to Rep. Kathy Castor that Facebook collects data from users even when they're not on Facebook and not even logged in to the platform. "The message they received last week was inaccurate and not reflective of the way we communicate with our community and the people who run Pages on our platform", the statement read. Read More »

$3.5 Mn Worth Of Bitcoin Stolen, Reports Indian Cryptocurrency Exchange Coinsecure

perth_map

The company maintains that it has never been hacked or compromised and the incident took place when its CSO Dr. Amitabh Saxena was extracting BTG (Bitcoin Gold) to distribute to its customers. Although Coinsecure is telling its users that it was not hacked, details provided on a report by The Times Of India ( TOI ), suggests that private keys were leaked online, which allowed hackers to steal these bitcoins. Read More »

Rolls-Royce engines cause further Dreamliner disruptions

perth_map

Rolls-Royce has warned that extra checks on one of its plane engines will add unexpected costs and cause further disruption for airlines including BA, Virgin and Norwegian. It has also redesigned specific parts of the compressor, with the first parts now in manufacturer and due to be incorporated in engines early next year after first being validated and certified. Read More »

Ibis Capital Partners Llp Maintains Stake in Comcast Corp New (CMCSA)

The stock increased 2.01% or $1.68 during the last trading session, reaching $85.26. About 1.17 million shares traded. (NYSE:GS) has risen 9.66% since April 10, 2017 and is uptrending. Guyasuta Investment Advisors Inc, which manages about $984.22M and $882.53M US Long portfolio, decreased its stake in Allergan Plc by 11,230 shares to 68,356 shares, valued at $11.18M in 2017Q4, according to the filing. Read More »

Finance Wells Fargo is climbing after earnings

perth_map

Smith Chas P And Pa Cpas stated it has 3.52% of its portfolio in Wells Fargo & Company (NYSE: WFC ). The stock decreased 3.42% or $1.8 during the last trading session, reaching $50.9. Despite its ongoing woes, the bank reported a 6% jump in profit, saying net income applicable to common stock rose to US$5.53 billion or US$1.12 per share in the quarter ended March 31, from US$5.23 billion or US$1.03 per share a year ago. Read More »

Blizzard Warning Issued for Nance, Polk, Merrick Counties

perth_map

Saturday will be colder across the state, and the high in Wichita is expected to be 45. A potent, slow-moving spring storm system that's expected to persist through the weekend began raking the Plains and Midwest on Friday, bringing blizzard conditions to South Dakota and severe thunderstorms to much of the rest of the region. Read More »

Lost In Space — New To Netflix

perth_map

It has outperformed by 0.59% the S&P500. 2,205 shares were sold by KILGORE LESLIE J, worth $562,716. Balentine LLC grew its holdings in shares of Netflix by 1,020.4% in the 3rd quarter. On Tuesday, October 17 Credit Suisse maintained the shares of NFLX in report with "Neutral" rating . Investors sentiment increased to 1.31 in Q4 2017. Read More »

Billionaire CEO behind Bratz makes his bid for Toys 'R' US

perth_map

Billionaire toy marketer Isaac Larian offered to save Toys "R" Us from liquidation with an nearly US$900 million bid for its stores in the USA and Canada that relies in part on crowdfunding. It unveiled plans in March to close or sell its 735 stores across the USA, including its Babies "R" Us stores. The liquidation of Toys R Us, which threatens more than 30,000 jobs, would be the end of a company burdened with $5 billion in debt and hurt by shifting currents including online shopping. Read More »

Tesla Stock Rises After Snarky Musk Tweet

perth_map

It has outperformed by 10.69% the S&P500. As well, investors will get a consumer-sentiment update. Its down 0.25, from 1.3 in 2017Q3. The ratio turned negative due to TSLA positioning: 105 sold and 156 reduced. ( NASDAQ : TSLA ) earned "Buy" rating by Dougherty & Company on Thursday, February 23. As per Friday, January 29, the company rating was downgraded by UBS. Read More »

Buy or Sell?: Wells Fargo & Company (NYSE: WFC)

perth_map

On Monday, February 5 the stock of Wells Fargo & Company ( NYSE : WFC ) has "Buy" rating given by Robert W. Baird. Six research analysts have rated the stock with a sell rating, eight have given a hold rating and fifteen have given a buy rating to the stock. Read More »

Jaguar Land Rover to cut 1000 jobs at Solihull

perth_map

It said it was continuing to recruit large numbers of engineers and apprentices and it remained committed to its United Kingdom plants. Growth was driven by a 19.9 per cent hike in the Chinese market, while sales in North America and other overseas territories were up by 4.7 per cent and 3.4 per cent respectively. Read More »

I'll have a burger with roasted tarantula, please?

perth_map

Bull City Burger is celebrating its sixth anniversary by serving burgers with meats from around the globe. Customers who are lucky enough to be selected, and end up cleaning their plate, can get a tarantula challenge T-shirt. The burger can be cooked to the customer's preference, and Bull City Burger describes the tarantula as "lightly salted and oven-baked". The burger is 30 dollars and a ticket a day is drawn until the tarantulas run out. Read More »

KLCM Advisors Inc. Sells 5627 Shares of Citigroup (C)

perth_map

Zwj Invest Counsel Inc stated it has 5,526 shs or 0.03% of all its holdings. It was registered an increase on Citigroup Inc (NYSE:C)'s short interest with 1.14%. The company rating was initiated by Raymond James on Tuesday, October 31. Hellman Jordan Management Company Inc sold 3,000 shares as the company's stock rose 25.63% while stock markets declined. Read More »

Volkswagen Sacks CEO Matthias Muller

perth_map

As an outsider who didn't come up through the Volkswagen ranks as did Mueller, Diess must master the company's unique and sometimes unwieldy corporate culture, which includes a major government stakeholder in the state of Lower Saxony and strong employee representation that has tended to hinder cost-cutting. Read More »

USDA emails suggest Trump will allow drug testing for food stamps users

perth_map

Along with able-bodied people, the source said the proposal would target people without dependents who are seeking certain specialized jobs, the AP reported . Since such small portion of recipients would be tested, and an even smaller portion of those people are likely to be using drugs, it's unclear why this policy would be necessary or cost-effective. Read More »

Trump orders review of Postal Service amid Amazon accusations

perth_map

It creates a task force to evaluate the agency's operations and finances. While the President's order doesn't mention Amazon by name, that line, in particular, appears to be a direct dig at the Seattle-based company. "Singling out favorite Trump villains like Amazon is a distraction from our bipartisan effort". But the Postal Regulatory Commission reviews the partnership with Amazon each year and one of the requirements for renewal is that it be profitable. Read More »

Euro zone industrial output weaker than expected in February

perth_map

Manufacturing sector, which constitutes over 77 per cent of the index, grew at 8.7 per cent in February as compared to nearly flat growth of 0.7 per cent in the same month a year ago. The government has mandated the RBI to tame inflation at 4 per cent with a margin of 2 per cent on either side. On a yearly basis, industrial production growth eased to 2.9 percent from 3.7 percent in January. Read More »

Wynne's innovative new scheme may eradicate gender pay gap

perth_map

Increasing availability of quality and affordable child care and passing stronger paid leave laws will help close the gender wage gap in addition to greatly benefiting both fathers and mothers and the health of their children. And while the median pay gap for research institutes and science funders is similar to the national median, other science institutions fare much worse. Read More »

Revenue Estimates Analysis General Electric Company (GE)

perth_map

It has underperformed by 65.90% the S&P500. Staley Capital Advisers Inc increased its stake in Ddr Corp (DDR) by 239.54% based on its latest 2017Q4 regulatory filing with the SEC. Birmingham Mgmt Company Al, Alabama-based fund reported 264,736 shares. Point72 Asia (Hong Kong) invested in 0% or 37 shares. Curbstone Finance Mgmt has invested 0.57% in Facebook, Inc. Read More »

Tesla issues statement on fatal Model X collision, withdraws from NTSB agreement

perth_map

Huang was not paying attention to the road, whatever the vehicle providing numerous warnings to take motion", a Tesla spokesperson knowledgeable Reuters . Some users of course abuse the system and use it in such a way as to endanger themselves and other drivers. Sumwalt and Musk are said to have spoken over the weekend about the NTSB's unhappiness with Tesla's revealing details about the crash. Read More »

Swiveling Stock Bed Bath & Beyond Inc. (NASDAQ:BBBY)

perth_map

Here are four stocks trading with heavy volume among 42 equities making new 52-week lows in Thursday's session. About 746,835 shares traded. ONEOK, Inc. It has a 6.11 P/E ratio. Therefore 73% are positive. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Bed Bath & Beyond Inc. Read More »

Volkswagen announces Herbert Diess as new CEO

perth_map

Labor representatives at Volkswagen are concerned by a sudden rush by the German carmaker's board to approve sweeping changes on Thursday, sources said, while Handelsblatt reported that its finance chief could step down. Earlier this week, sources told Reuters that Kilian would replace Blessing. But when Winterkorn fell, he had only been with the company for less than three months. Read More »

Recent Research Analysts' Ratings Changes for BlackRock (BLK)

perth_map

Davis Capital Partners Llc who had been investing in Blackrock Inc for a number of months, seems to be less bullish one the $84.99B market cap company. (NYSE: BLK ) for 48,975 shares. New Mexico Educational Retirement Board has 0.23% invested in BlackRock, Inc . BlackRock, Inc . (NYSE: BLK ) has risen 41.90% since April 12, 2017 and is uptrending. Read More »

EIA forecasts a almost 14% rise in summer retail gasoline prices

perth_map

U.S. crude oil inventories increased last week, and the refining sector input 83,000 barrels per day more than the previous week's average, said the U.S. Ultimately, OPEC bears much of the responsibility for cutting oil production in 2017, leaving USA oil inventories at far lower levels than a year ago. Read More »

Upcoming Alberta bill could drive BC's gas prices even higher

perth_map

Alberta and the federal government say the pipeline, between the Edmonton-area and Burnaby, is in the national interest and must be built, but B.C. wants a court ruling on jurisdiction, arguing there are not enough assurances that any spill can be adequately cleaned up. Read More »

Bitcoin Planet (BTPL) raised 8.92% in less than 24 hours

perth_map

During the last seven days, Terracoin has traded 28.8% lower against the USA dollar. One QASH token can now be bought for about $0.55 or 0.00007981 BTC on major cryptocurrency exchanges including Huobi, Qryptos, EtherDelta and Quoine. Bitcoin Planet is a PoW/PoS cryptocurrency based on the Skein algorithm. Bitcoin (BTC) has 16.97 million coins mined with the market cap $118.56 billion. Read More »

Lookout for Volatility - Delta Air Lines Inc (NYSE: DAL)

perth_map

Delta Air Lines, Inc .'s most recent earnings report also includes its outlook for the second quarter of 2018. On 7/29/2016 NYSE: DAL - Delta Air Lines announced a quarterly dividend of $0.20 2.05% with an ex dividend date of 8/10/2016 which will be payable on 9/2/2016. Read More »

Toys R Us Asia deal will be far from child's play

perth_map

Stores are now offering discounts of up to 70 per cent on remaining products. Toys "R" Us received interim approval of the incremental financing from the US Bankruptcy Court for the Eastern District of Virginia yesterday, and final approval by the court is scheduled for April 27. Read More »

Retail inflation cools off marginally to 4.28% in March

perth_map

However, the not-so-good news is on the core inflation front, which rose to a 43-month high of 5.4 per cent in March. March's data is an indication that prices are at a safe distance from the apex bank's upper tolerance level of inflation at 6 per cent. Read More »

Senator leaves Mark Zuckerberg completely flummoxed with question about his hotel arrangements

He's about two billion pounds richer after yesterday's hearing - with Facebook stock (of which he has loads) rocketing in value. "I take full responsibility as the CEO of Facebook", he said . "They're going to keep on getting better at this and we need to keep investing on getting better at this too". A notification that appeared on Facebook for some users Tuesday told them that "one of your friends" used Facebook to log into a now-banned personality quiz app called "This Is Your Digital ... Read More »

Necco Wafers Demise Sparks Sweet Panic

perth_map

But last months announcement that the 170-year-old New England Confectionery Co . might shut down its Revere, Massachusetts, plant — and lay off the majority of its employees — seemed to strike a nostalgic chord with consumers, leading to a surge in wafer sales. Read More »

AO Indicator Trending Higher For Fidelity Consumer Disc MSCI ETF (FDIS)

Finally, Evercore ISI downgraded MSCI from a "hold" rating to a "sell" rating and reduced their target price for the stock from $81.00 to $75.00 in a report on Tuesday, October 11th. Let's take a look at how the stock has been performing recently. Some analysts believe that the ADX is one of the best trend strength indicators available. Read More »

Mulvaney Lays Out CFPB's "New Approach"

perth_map

Citing the uncertainty that financial institutions experienced during the transition from the Obama administration to the Trump administration and the appointment of Mick Mulvaney as bureau's acting director, the trades argued that "d$3 ramatic shifts in the CFPB's philosophy and approach with each change in presidential administration make it hard for lenders and small businesses to plan for the future". Read More »

Assad adviser says Syrian government, allies consulting

Mattis also ignored a question about whether he was concerned about telegraphing United States military moves in Syria , a question appearing to refer to Trump's earlier tweet on Wednesday. The United States and its allies promptly blamed the attack on Damascus , emphasizing that a "history" of using such weapons by the Syrian authorities was "not in dispute". Read More »

Ronaldo Thwarts Juventus's Comeback on Controversial Stoppage Time Penalty

perth_map

A furious Gianluigi Buffon was sent off for his protests at the decision, and it wasn't until the 97th minute that Ronaldo was able to take his spot-kick, beating substitute 'keeper Wojciech Szczesny from 12 yards. We didn't play well, we have to admit. Zidane declined to get involved in any debate over whether Michael Oliver's penalty decision had been correct or not while saying he had not been surprised that Ronaldo had kept his cool to convert. Read More »

Zuckerberg's Congressional hearings got more partisan on day 2

perth_map

Mark Zuckerberg faced another round of questioning from lawmakers on Capitol Hill Wednesday and the Facebook CEO revealed that the company tracks people even if they don't have an account. Some people who received a Facebook alert about data sharing say they are second-guessing using the popular social media app. "Obviously these hearings were just a matter of Washington getting a firm grasp on how Facebook works in order to figure out how to address it", Lapowsky says. Read More »

Missing family of 4 may have been swept into river

perth_map

Sandeep Thottapilly, his wife Soumya, and their children Siddhant and Saachi. The poster said their last known location was the "Klamath-Redwood National Park area". The Santa Clarita Valley Sheriff's Station tweeted Tuesday that they were also on the lookout for the missing family and would be providing updates. Read More »

Novartis's $9 Billion Bet Is Worth the Risk

perth_map

The deal is Novartis' second foray into gene therapy this year. Accidental drug overdose deaths in Rhode Island declined in 2017 after years of steady increases, according to the Associated Press . PRIME and Sakigake designations have also already been secured in Europe and Japan, respectively. Trial results published in November in The New England Journal of Medicine showed all 15 patients treated with AVXS-101 were alive at 20 months of age. Read More »