Tuesday, 25 September 2018
Latest news
Home » Finance


Gas prices may have peaked in northern New England


For now, however, gas prices in Chattanooga are 60.5 cents per gallon higher than the same day one year ago and have moved within 9 cents of the national average price for gas, after being more than 30 cents per gallon below the USA average through much of the summer. Read More »

Equifax Faces A Class-Action Lawsuit in Atlanta


The report explains that there are several things to consider when determining the total amount a data breach might cost. The company said the information accessed by the hacker had consumer's names, Social Security numbers, birth dates, addresses and, in some case, driver's license numbers. Read More »

Google vs EU: Search giant appeals €2.4bn fine


The move sets up a court battle between Brussels and the internet giant that could take years to resolve and make already tense relations between Europe and the USA tech giant even more fraught. The clock ran down and incoming Competition Commish Margrethe Vestager wasn't in a mood to play nice. A Google spokesperson confirmed the appeal filed but denied making any further comments. Read More »

Teva Names Kåre Schultz as CEO, After 7-month Search


The new chief executive joins Teva - the world's biggest seller of generics medicines - from Denmark's H. Lundbeck A/S, where he has been president and CEO since May 2015. Barer said Teva had "no plans now" to split in two. "Critically, he has successful turnaround experience. And, he has significant credibility with stakeholders", Barer said. Read More »

Blackhill Capital Inc. Has $1367000 Position in Energy Transfer Equity, LP (ETE)

Panagora Asset Management Inc acquired 57,229 shares as Energy Transfer Partners Lp ( ETP)'s stock declined 10.54%. The Wexford Capital Lp holds 952,292 shares with $34.10 million value, up from 643,030 last quarter. The firm has "Outperform" rating given on Monday, September 26 by Robert W. Baird. On July 13 analysts at Stifel Nicolaus started covering the stock giving it an initial rating of "Buy". Read More »

GST on Luxury Cars, SUVs revised to 50% (28% GST + 22% Cess)


It was on September 9, that the GST council taking the effective GST rate to 45%, has made a decision to hike cess on mid-sized cars by 2%. The rates constitutes to an additional 2 per cent on mid-sized cars, 5 per cent on large cars and 7 per cent on SUVs which would now make the rates on par with pre-GST levels, Finance Minister Arun Jaitley. Read More »

Supreme Court orders Jaypee Associates to deposit Rs 2000 crore


A bench of Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud, however, allowed Jaypee associates to raise Rs 2000 crore by selling land or any properties with the prior approval of the IRP. Jaypee Infratech is saddled with a total debt of nearly Rs 8,000 crore. Agreeing to the IRP taking over the insolvency proceedings, Abhishek Manu Singhvi, the counsel for IDBI, said, "Under the statutory scheme, IRP has to take over in the absence of which the letter and spirit of ... Read More »

Marathon Petroleum Corporation (NYSE:MPC) Yield & Returns in Review

It closed at $52.63 lastly. IAMGOLD Corp (USA) (NYSE:IAG) has risen 21.20% since September 8, 2016 and is uptrending. It has outperformed by 2.84% the S&P500. The dividend payment will be $0.050 per share for the quarter which comes to $0.20 on an annualized basis. In the transaction dated March 07, 2014, the great number of shares disposed came courtesy the VP-Global Exploration; Bay Annell R disposed a total of 112,242 shares at an average price of $34.1, amounting to approximately ... Read More »

Q4 2016 Sentiment Empire State Realty Trust Inc (NYSE:ESRT)


Federal Realty Investment Trust ( FRT ) has $9.35B valuation. The short-interest ratio increased to 5.0 and the percentage of shorted shares was 0.03% on August 15. Hartford Investment Communication holds 0.05% or 425,367 shares in its portfolio. (NYSE:CRM). Mckinley Limited Liability Corporation Delaware reported 0.5% stake. Read More »

Europe wants to tax internet giants based on revenues


Per Reuters , the finance ministers of France, Germany, Italy and Spain have all signed a joint letter to the presidency of the EU (now held by Estonia) as well as the European Commission, saying the companies need to be taxed on total revenue rather than profits. Read More »

It' Doesn't Clown Around With Record $117.2 Million Weekend

The Reese Witherspoon-led romantic comedy should earn $9 million this weekend from 2,940 locations. Horror films often have lower budgets than other more CGI-dense blockbusters, so the return on investment has potential to be massive. But while "It" is the most exciting new release of the weekend, it is not topping the global box office charts. In fact, it's cheered up a lot of gloomy cinema companies after the worst summer box office on record in 25 years. Read More »

Japan PM urges 'greatest possible pressure' on North Korea

The NATO military alliance is calling for global pressure to be ratcheted up against North Korea following its latest nuclear test. The U.S. began installing the THAAD system under South Korea's previous government. "(I) hope to search for measures to fundamentally solve the North Korean nuclear issue and to prompt North Korea to stop provocations together (with Russia)". Read More »

China bans bitcoin exchanges as initial coin offering crackdown continues


Many experts believe that Chinese officials accelerated this process over the summer as Bitcoin price grew from $3,000 to almost $5,000, fueling market speculation by domestic investors, and driving Chinese Yuan value down as people started using Bitcoin to move funds in and out of the country, bypassing and disrupting traditional Chinese financial institutions. Read More »

Petra suspends Williamson following Tanzania Govt. seizure


Speaking yesterday after receiving the report on behalf of the President John Magufuli, the Minister for Finance and Planning, Dr Philip Mpango, ordered the confiscation of the gemstones for violations of the East African Customs Management Act of 2004, section 210, subsection G. Read More »

Were Analysts Bearish J Sainsbury plc (LON:SBRY) This Week?


Marks and Spencer Group Plc has a 12 month low of $7.72 and a 12 month high of $10.39. As per Wednesday, January 13, the company rating was maintained by Liberum Capital. JP Morgan maintained Ashmore Group plc (LON:ASHM) on Friday, February 10 with "Underweight" rating. It has underperformed by 16.70% the S&P500. Since June 14, 2017, it had 0 insider buys, and 1 insider sale for $201,105 activity. Read More »

Nigeria In Trouble As China Seeks To Ban Petrol And Diesel Vehicles


Xin Guobin, the vice minister of transport in China however did not give any details on when the ban would be implemented. Accordingly, the government is expected to force engine makers and auto companies to pivot away from fossil fuels, speeding the implementation of electric vehicles in a bid to meet global climate standards laid out in the 2016 Paris Accords, Bloomberg reported. Read More »

Tennessee Titans: Offensive Projections For Raiders Game


No matter. He pumped a 52-yard field goal through the uprights to close the first half. The Oakland Raiders went on the road and shut down a team that has been a rushing juggernaut in the Tennessee Titans , limiting them to just 21 attempts Sunday in Oakland's 26-16 victory. Read More »

Liverpool attacker Sadio Mane sends support to Ederson


And Reds' manager Jurgen Klopp , looking at losing his man for three games for risky play, said Mane "didn't see" the onrushing Ederson as he was focusing on the ball and their "unlucky" collision was "an accident". Klopp revealed in his post-match media conference that Mane is very upset about his red card which will see the Senegal global serve a three-game ban in the Premier League . Read More »

South Korea: US missile defense system to be fully installed Thursday


On Monday, South Korea responded by firing missiles into the sea to simulate an attack on the North with more military drills being held on Tuesday. South Korea has claimed that the North is making preparations for another ICBM test . South Korea has removed the final administrative hurdle for the full deployment of a USA missile defense system known as THAAD , which China views as a threat to the region's "strategic equilibrium". Read More »

Kim Jong-un calls latest n-test 'great victory'


The U.S. began installing the THAAD system under South Korea's previous government. State-run Xinhua said the two leaders also discussed economic and security ties, a sign that Beijing does not want North Korea to dominate Sino-US relations. Read More »

USA formally requests United Nations vote on North Korea on Monday

The UN Security Council is expected to vote on an additional set of sanctions against North Korea on Monday, as the US pushes for the prompt approval of the punitive measures in its draft resolution. Russian Foreign Minister Sergei Lavrov has said it is too early to talk about a vote at the Security Council on new North Korea sanctions, insisting any pressure should be balanced against restarting talks. Read More »

Utah security experts respond to Equifax Hack


The irony here is that in order to enroll, consumers must first provide personal info, including their own social security numbers. Utah security agencies responded to the Equifax cyber-security breach. This is not the largest cyber-attack to date, but it may be the most costly. "The sheer size of this breach, which spans at least the U.S., Canada, and Great Britain, may have frightened some Equifax officials into selling a portion of their company shares", said Geers. Read More »

Have You Been a Victim of Identity Theft?


Equifax has set up a website where people can check whether their personal information was potentially affected by the breach. Investors were also showing their displeasure about the hack by dropping their stock in the company. "Ironically, consumers will often pull their credit reports from Equifax , Experian and Trans-Union to determine whether they are the victim of identity theft , by looking for unauthorized lines of credit". Read More »

Tony Blair calls for European Union migration curbs to avoid Brexit


At the moment, you either do leave, or we have the status quo. Mr Blair, however, said the country faced a "life-changing" moment and he pleaded with Remain-backing Tory ministers like Sir Michael and other MPs to steer the United Kingdom away from a "false path" with a choice between an old fashioned right-wing Brexit or "unreconstructed" Leftism. Read More »

Airlines brace themselves, passengers for Irma's arrival


Delta has advised RSW they plan to operate flights on Saturday with the last operation being the 2:44 p.m.flight to Cincinnati. American Airlines , the largest USA carrier by passenger traffic, on Wednesday said it would begin winding down operations in south Florida, including Miami, Fort Lauderdale and West Palm Beach, on Friday. Read More »

Strike: FG, ASUU in crucial reconciliatory meeting


He said the agreement was signed in 2009 but yet to be implemented. ASUU President, Biodun Ogunyemi , had said that during the strike period, there would be no teaching, examination or attendance of statutory meeting of any kind in any of ASUU's branches till the government meets the union's demands. Read More »

Ford Motor Company (NYSE:F)


JFS Wealth Advisors LLC now owns 10,997 shares of the auto manufacturer's stock worth $123,000 after buying an additional 33 shares in the last quarter. The company presently has a consensus rating of "Buy" and a consensus target price of $39.26. In related news, insider James D. Farley, Jr. sold 25,000 shares of the company's stock in a transaction on Monday, June 12th. Read More »

Guinness World Records Unveils New Edition Full of Jaw-Dropping Feats


Williams said it first started when she had grown her nails out about 3 inches long. She also has to clean them every day with antibacterial soap and a special nail brush. There have been other freakish records also; here are some of them. You first noticed her eyelash growing during an eighteen month nature retreat she embarked on in 2013, and she puts the growth down to the life she leads at one with nature. Read More »

Police find child kept in cage after investigation


The sheriff in Racine County, Wisconsin said it's one of the most disturbing things he's seen in 20 years of law enforcement. Schmaling said the girl spent at least 12 hours every day - sometimes more - in the cage, which is less than 5ft high and and covered a floor space of 8ft by 4ft. Read More »

Benedict Cumberbatch plays Thomas Edison in The Current War trailer


Scripted by Michael Mitnick ( Sex Lives of our Parents ), the period drama follows the electricity war between Thomas Edison ( Benedict Cumberbatch ) and George Westinghouse ( Michael Shannon ). Gomez-Rejon's follow-up to Me and Earl and the Dying Girl certainly feels, dare I say it, electric. In fact, an early scene showing a field of lightbulbs slowly coming alight is very much reminiscent of a similar scene in the Christopher Nolan thriller, and Tesla ( Nicholas Hoult ) himself ... Read More »

SC cautions investors on initial coin offerings


The NEO announcement also offers some respite for Bitfinex, which was left scrambling in the wake of an announcement by a joint commission of Chinese agencies that initial coin offerings (ICO ) were now banned in the country. Which means the price of popular currencies like ether and bitcoin is about to tumble. The regulator has said it will strictly punish companies that run ICOs and is asking those that have completed ICOs to return investors' funds. Read More »

Airlines Cancels Flights Due To From Hurricane Irma


Until then, extra flights will help a few thousand people beat the hurricane out of town. After that, all United flights on Saturday and Sunday are canceled. Expedia spokeswoman Sarah Gavin said her company couldn't replicate the woman's story because one of the flights had sold out. He cautioned that flights were going very fast at these prices. Read More »