Saturday, 25 November 2017
Latest news
Home » Finance

Finance

Sensex Ends Below 30000, Rings in Biggest Gain in Six Weeks

perth_map

The 30-share benchmark Sensex ended down 111 points, or 0.37%, at 29,918.40. At the time of updating the copy, the 30-share index was trading at 30,124.79, up 181.55 points or 0.65% from previous close. BSE Sensex continued to rule above the 30,000-level. Japan's Nikkei 225 index rose 3.1% while South Korea's Kospi index ended 1.9% higher. Bharti Infratel, ITC, HDFC, HDFC Bank , Reliance Industries, TCS, Cipla, Hindustan Unilever, Infosys and Indian Oil were among the losers. Read More »

European Central Bank keeps key interest rate on hold

perth_map

Non-core inflation was shown to have surged from 1.5 per cent in March to 1.9 per cent, while core inflation jumped from 0.8 per cent to 1.2 per cent. Annual growth was slightly more reassuring, advancing from 1.9 per cent to 2.1 per cent, although this was less than the 2.2 per cent result projected. Read More »

El Paso Electric Company (NYSE:EE)

Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. Portland General Electric Company (NASDAQ:POR) has risen 15.34% over the past 6 months and is uptrending. Portland General Electric Company (NYSE:POR) has a current MF Rank of 7683. Investors of record on Monday, February 27th will be issued a dividend of $0.24 per share. Read More »

'My daughter is DONE with homework' - mother's anti-homework stance wins praise

perth_map

In a passionate Facebook post , writer Bunmi Laditan revealed she has emailed her 10-year-old daughter Maya's teachers to let them know she will be "drastically reducing" the amount of homework she does. And a seven-year-old in second grade. She'll have to hire a tutor and find a group of parents doing the same thing, "but I have no choice at this point", she wrote. Read More »

Appeals court upholds decision to block Anthem bid for Cigna

perth_map

Earlier this week, Anthem filed a motion with the Delaware Court of Chancery for a preliminary injunction that would block Cigna from terminating the deal on April 30, which is the contractual deadline. Anthem had promoted the merger as a way to help the companies negotiate better prices with pharmaceutical companies, hospitals and doctor groups. Read More »

Uber unveils plans for flying vehicle network by 2020

On Tuesday the company announced that by 2020, it would reach the next frontier in dispensing with investor capital: flying cars. Aviation companies Such as Embraer and Bell Helicopter re being involved in developing the flying electric taxis. Read More »

Euro zone inflation may rise quicker than thought in 2017: ECB survey

perth_map

The Bank of Japan offered its most upbeat economic assessment in nine years, but Asia-Pacific shares ended flat a day after hitting their highest in nearly two years. European Central Bank policymakers have acknowledged the economic recovery in the eurozone is becoming stronger. The dollar index .DXY , which tracks the greenback against a basket of global peers, gained 0.1 percent to 99.165 but is headed for a 0.8 percent weekly loss. Read More »

D'oh! 'Simpsons' needle Pres. Trump ahead of 100-day milestone

perth_map

President Donald Trumps plan to overhaul the US tax code leaves much of the heavy lifting to Congress, while ignoring years of hard work by the guy who will have to do a lot of that lifting: House Speaker Paul Ryan. The White House provided a one-page summary of its plan that is short on details, and there is no score for what it would do to the deficit. 'If Trump is unable to get enough support again it will likely lead to substantial market disappointment likely to initiate a dollar ... Read More »

How major U.S. stock market indexes fared on Thursday

perth_map

Meanwhile, the Nasdaq Composite Index, touched a new intraday trading high of 6,037.22, and was most recently trading flat at 6,024. Earnings were back in the spotlight, a day after the Trump administration unveiled a tax reform plan that proposed deep tax cuts for businesses, but offered little detail about its implementation. Read More »

Trump's tax plan could cost an estimated $5.5 trillion

But no details have been released on that aspect of the proposal. Because this plan includes only tax cuts and no offsets in spending, the effect would be an estimated increase in the deficit of between $2-7 trillion over the next decade . Read More »

Markets Right Now: Strong company earnings power stock gains

perth_map

If a corporate tax cut does occur, it would be likely to help lift companies' profits - and stock prices - even further. The gains put USA indexes on track to add to their big gains from Monday. And it was not the only big industrial company to cite signs of optimism among customers. Coca-Cola Co . reported a drop in its first-quarter earnings and sales, and shares were off 0.4%. Read More »

Rex Tillerson: China asked North Korea to stop nuclear tests

South Korea's trade and defense ministries were reacting to President Donald Trump's remarks that he will fix or end what he called a "horrible" bilateral trade deal with South Korea, and that he would make the Asian ally pay $1 billion for the THAAD missile defense system. Read More »

State, Local Governments Are Not Feeling Trump's New Tax Plan

Treasury Secretary Steven Mnuchin said Wednesday "we'll make sure there are rules in place" to prevent the wealthy from gaming the system. Good morning, Mr. On top of that, the topline principles Trump is releasing leave out the important signs of actual reform, not the least of which include: how to pay for it, what's the pathway through the House and Senate, where the key players off the Hill that have enormous lobbying clout stand on things, and more. Read More »

FCC puts dubious faith in U.S. broadband oligopoly

perth_map

Pai has always been opposed to treating Internet service as a utility, saying at Mobile World Congress that the FCC's utility-style regulations "created uncertainty in the market, and uncertainty is the enemy of growth". The FCC plans to release an official proposal for the vote on Thursday. The FCC will vote on May 18 to enact a Policy of Proposed Rulemaking that will further submit the proposed rule changes for a vote later in 2017. Read More »

Royal Caribbean Cruises Ltd. (NYSE:RCL) Sale Analysis

perth_map

Stocks that are volatile and move more than the overall market have a beta greater than 1 while stocks with price swings less than the market have a beta less than 1.0. Pimentel sold 9,000 shares of the company's stock in a transaction on Wednesday, March 1st. Cerner Corporation (NASDAQ:CERN) shares typically trade an average volume of 2720.90 and institutions hold 82.50% of the total shares. Read More »

Another Man Killed During Venezuela Protests

perth_map

According to Olivares, 9 of those admitted died from injuries caused by electrocution and gunfire. Tens of thousands of protesters flooded the streets again Thursday, one day after three people were killed and hundreds arrested in the biggest anti-government demonstrations in years. Read More »

Featured Stock to See: United Parcel Service, Inc. (UPS)

Loop Capital Initiates Coverage On United Parcel Service, Inc . (NYSE:UPS) reported quarterly earnings and revenue that beat analysts' expectations, despite pressure on its bottom line from fuel prices and a larger share of business coming from home delivery. Read More »

LVM Capital Management Ltd. MI Has $337000 Stake in Oracle Co. (ORCL)

perth_map

The firm owned 14,555 shares of the enterprise software provider's stock at the end of the first quarter. Other large investors have also made changes to their positions in the company. Oracle presently has a consensus rating of "Buy" and an average price target of $46.16. "TRADEMARK VIOLATION NOTICE: "[[title]]" was published by [[site]] and is owned by of [[site]]. Read More »

Healthy profits push stocks higher yet; Nasdaq crosses 6000

perth_map

The tech-rich Nasdaq Composite Index advanced 0.7 per cent to finish the day at 6,025.49, its second straight record close. The S&P 500 index showed 57 52-week highs and two lows, while the Nasdaq recorded 114 highs and nine lows. Biotech company Biogen jumped 3.6 per cent after reporting earnings of US$5.20 per share, better than the US$5.00 expected by analysts. The news dragged down shares of other USA carriers, including Delta and United Continental. Read More »

Oil prices buoyed by United States crude stock dip

Last week, the API reported a 1.3-million-barrel draw for crude oil inventories for week ending April 7, while the EIA reported a 2.2-million-barrel draw. Iran will probably be allowed to keep production unchanged if OPEC decides to extend its limits beyond the first half of the year, Kuwaiti Oil Minister Issam Almarzooq said in an interview in Abu Dhabi, the U.A.E. Read More »

EU 27 negotiators show unity as they discuss guidelines for Brexit talks

The EU's latest draft guidelines, agreed on Monday, point to months of hard talks ahead as Brussels seeks to ensure Britain does not get a better deal outside the bloc than inside. Merkel said that talks from the very start must include Britain's financial obligations, including after Brexit . Highlighting the importance of settling the Brexit bill first, she said: "Without progress on the many open questions of the exit, including the financial questions, it makes no sense to have ... Read More »

Trump slams 'massive federal land grab,' calls for review of national monuments

Over the last 20 years, Zinke said, tens of millions of acres have been designated as national monuments, limiting their use for farming, timber harvesting, mining and oil and gas exploration, and other commercial uses. Designating millions of acres for scientific observation or sheltering rare species, they contend, is a "federal land grab" that ignores the wishes of local residents, although the lands already belonged to the government or were under federal control. Read More »

Celtics gain 3-2 lead

He finished with 21 points, nine assists and seven rebounds. His 14 points equaled his low total for this series, and he hit only 6-15 from the field. "Eventually we're going to have to win without him, because of the looks of it he's not going to be back". No, it isn't Bulls head coach Fred Hoiberg, who has opened himself up to being trolled at postgame press conferences . Read More »

Astronaut Peggy Whitson sets American record for cumulative time spent in space

At one point, the astronauts explained that they recycle their urine into water, to which the president, a noted germaphobe, quipped, "Better you than me". The Iowa native is part of Expedition 50/51, her third long-duration mission to the space station. After she broke the record this morning, fans and fellow astronauts shared their love and support on social media. Read More »

Trump won't get House OK of health bill before his 100th day

perth_map

The current spending bill runs out Friday. The AARP has promised to inform all its 38 million members how lawmakers voted on the GOP health care bill. CBS News' count Thursday showed at least 15 solid no votes. The GOP can only afford to lose 22 votes from its side and still guarantee passage. The bill is still projected to result in 24 million fewer people with insurance over a decade, and has deep cuts to Medicaid, which moderates like Dent object to. Read More »

Trump tax plan stands to benefit the man in the White House

perth_map

Based on the outline, there's every reason to believe the wealthiest people in the United States will receive the biggest cuts under Trump's plan, though many low- and middle-income families would benefit, too. CRFB estimates the overall cost could go as high as $7 trillion if limits on tax breaks that the plan suggests apply only to high earners. But clarity on a tax-reform plan seems fleeting. Read More »

Freeport-McMoRan Inc (FCX) Bonds Trading 1.9% Higher Earnings

perth_map

Atria Investments LLC bought a new stake in Freeport-McMoRan during the first quarter worth about $134,000. State Street Corp raised its position in shares of Freeport-McMoRan by 4.9% in the fourth quarter. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of United States and worldwide copyright & trademark laws. Read More »

Facebook Moves The Camera Front And Center For AR At F8

perth_map

Social media platform Facebook is stepping up their game by rolling out features soon to hit the site. If you haven't noticed the little camera on the top left hand side of your Facebook app maybe it's time you checked out it. Frame Studio is available globally, while AR Studio is now open for beta applications. The AR platform aims to help companies build apps that can show Information, digital objects and enhanced effects, all interacting with real-world objects like your home or face. Read More »

Trump Jokes About 'Easily' Replacing Nikki Haley

USA president also praises his U.N. Ambassador Nikki Haley . Despite Haley's comments, Trump is reputed to be wary of aides getting too much publicity and overshadowing him. UNITED NATIONS Trump complains the United States is shouldering an unfair burden of the cost of the United Nations, but says if the world body reforms how it operates, the investment will be worth it. Read More »

Canadian gross domestic product flat in February after hot start to 2017

perth_map

Service-providing industries advanced by 0.2 per cent on strength in the real estate and rental and leasing sector, as well as the finance and insurance sector. Most economists do not expect the central bank to hike rates until next year. "While this might worry some, the prior pace was unsustainable and some payback is reasonable". Read More »

With 2019 elections in mind, BJP begins national executive meeting in Odisha

perth_map

Union Minister Nitin Gadkari quoted the PM as saying in the meeting: "Our Muslim sisters should also get justice". "Under Janadhan, 28 crore have opened bank accounts under the government's policy". 'We want to be free of unemployment and poverty'. We too must prepare for a new India like that. "The Union minister added that prime minsiter's speech revolved around "jan dhan", "jal dhan" and van dhan" . Read More »

America Movil SAB de CV (AMX) Upgraded at Deutsche Bank AG

perth_map

Several other research firms have also recently weighed in on AMX . America Movil , S.A.B.de C.V. (NYSE:AMX) last session's volume of 2.79 million shares was lower than its average volume of 3.51 million shares. The original version of this report can be accessed at https://baseballnewssource.com/markets/deutsche-bank-ag-upgrades-america-movil-sab-de-cv-amx-to-hold/671277.html. Read More »

India draws up $8.7 billion plan to turn urea exporter

perth_map

While physical work on the fertiliser plants will start this year, production will start in 2020-21, Pradhan said. The Centre's revival of four fertiliser plants at a total cost of ₹50,000 crore has the potential to turn India into a fertiliser exporting country from an importing one, Chemicals and Fertiliser Minister Ananth Kumar said. Read More »