Finance

United Kingdom inflation rate slips to 3%, first decline in six months

United Kingdom inflation rate slips to 3%, first decline in six months The government wants to see rates come down to lower its borrowing costs and stimulate the economy. The 3.1% logged in November was the fastest since early 2012. Nossek warned the rising oil price could prove to be the main sticking point, posing the risk of stagflation. "Indeed, barring a big pick-up in wage growth in next week's labour market figures, there is little in the latest economic d... [Full Article...]

General Electric Company (NYSE:GE) Plunges -3.94% in Early Trade on Tuesday

General Electric Company (NYSE:GE) Plunges -3.94% in Early Trade on Tuesday About 78,175 shares traded. GE also cut its annual dividend to 48 cents from 96 cents, only the third in the company's 125-year history. It has underperformed by 4.60% the S&P500. Cantor Fitzgerald maintained Ross Stores, Inc. Looking further into the current agreement on broker rating, it is very clear that the ABR stands at 2.77. [Full Article...]

Dow hits 26000 for first time on earnings optimism

Dow hits 26000 for first time on earnings optimism Viacom fell 5.4 percent after sources told Reuters CBS Corp and the company were not in active merger discussions. Energizer surged 14.5 percent after saying it will acquire the battery and lighting assets of Spectrum. Tuesday's historic rise builds on the Dow's 25% gain a year ago and its seemingly unstoppable climb to start 2018. The Nasdaq Composite was up 47.98 points, or +0.66%, at 7,30... [Full Article...]

Mamata Banerjee hard sells state in Bengal Business summit

Mamata Banerjee hard sells state in Bengal Business summit Adventz Group Chairman Saroj Poddar also announced an investment of Rs 1,000 crore in the state. Steel baron L N Mittal assured that his family foundation, L N Mittal Foundation, will invest in Bengal if such an opportunity arises in the future. [Full Article...]

Deutsche Bank Reiterates "Sell" Rating for BT Group

State Of Alaska Department Of Revenue holds 2,799 shares or 0.01% of its portfolio. Pinebridge Invs L P, New York-based fund reported 2,557 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management accumulated 0.02% or 17,000 shares. [Full Article...]

Blaze Bernstein case: College student stabbed 20+ times, authorities say

Blaze Bernstein case: College student stabbed 20+ times, authorities say Mourners comfort each other as they join more that 300 people in Borrego Park in Foothill Ranch, Lake Forest on Wednesday, Jan. 10, 2018 for a candlelight vigil for Blaze Bernstein. He said he returned to the park hours later to look for Bernstein. He allegedly could not remember the last name of the girlfriend he said he had left to see late that night. [Full Article...]

Vulgarity projected onto Trump Hotel in DC

Vulgarity projected onto Trump Hotel in DC Understandably, Trump has taken a lot of criticism for the remark. As seen in a Periscope livestream, a longer message mocked Trump and his supporters and called for others to stand against white supremacy. Trump asked why the USA should accept immigrants from Haiti and "shithole countries" in Africa, rather than places like Norway. He said that this was the 15th time his team has projected visu... [Full Article...]

Toyota Avalon Makes Debut in Detroit

Toyota Avalon Makes Debut in Detroit Toyota will start shipping the 2019 Avalon in spring this year and customers will get CarPlay as standard on all trims. Toyota has confirmed it will finally embrace CarPlay in its 2019 Avalon and other vehicles launching this year. Toyota will provide more details on upcoming CarPlay-compatible vehicles "soon". Toyota used the worldwide, grand stage of the North American International Auto Sho... [Full Article...]

Airbus reports that 2017 was another record year for airliner deliveries

Airbus reports that 2017 was another record year for airliner deliveries Following another "miraculous" December - which saw 127 deliveries and the finalisation of no less than 776 orders - Airbus Commercial Aircraft posted another set of impressive full-year figures. Instead, Airbus employees found themselves attending a news conference at which Emirates announced the purchase of 40 Boeing 787-10 Dreamliners in a $15.1 billion deal. [Full Article...]

Ford plans $11 billion investment in electric vehicles by 2022

Ford plans $11 billion investment in electric vehicles by 2022 Ford is making a big move to embrace the transition to low-emissions transportation as the company had previously announced an investment target of $4.5 billion by 2020. Ford has said that the focus will be on creating electric versions of now existing models, although did not rule out new models on the way. Seeing that we are days away from the Detroit Auto Show, we can't help but to see the S... [Full Article...]

CVS to stop using altered images in ads by 2020

CVS to stop using altered images in ads by 2020 It has underperformed by 41.10% the S&P500. CVS Health presently has a consensus rating of "Buy" and a consensus price target of $86.66. Therefore 54% are positive. Therefore 72% are positive. Mizuho set a $90.00 price target on CVS Health and gave the company a "buy" rating in a report on Tuesday, October 24th. On Monday, December 4 the stock rating was maintained by Needham with "Buy". [Full Article...]

Sensex jumps over 200 points, Nifty rises to 10740

Sensex jumps over 200 points, Nifty rises to 10740 Industrial activity in the country as measured by the Index of Industrial Production (IIP) rose to a 25-month high of 8.4% in November from 2.2% the previous month, brought some cheer in the markets. ICICI Bank , HDFC , Mahindra & Mahindra Finance, Kotak Bank and Axis Bank took the Nifty Bank index to new a high. On the other hand, Indusind Bank (0.81%), Oil & Natural Gas Corporation (0.55%),... [Full Article...]

Price of brent crude oil rises to $70 on output cuts

Price of brent crude oil rises to $70 on output cuts The global benchmark crude traded at a premium of $5.49 to March West Texas Intermediate. Both benchmarks last week reached levels not seen since December 2014, with Brent touching 70.05 dollars a barrel and WTI reaching as high as 64.77 dollars. [Full Article...]

Wells Fargo Q4 Profit Rises, Beats View; But Revenues Miss

Millennium Mngmt Limited Liability Com owns 0.08% invested in Wells Fargo & Company (NYSE: WFC ) for 946,830 shares. Sandler O'Neill recently raised Wells Fargo stocks as a "buy" and its share-price target to $73, compared with Thursday's closing price of $63.01. [Full Article...]

Delta Air Lines quarterly profit falls 8 percent

Delta Air Lines quarterly profit falls 8 percent A statistical measure of the dispersion of returns (volatility) for DAL producing salvation in Investors mouth, it has week volatility of 2.08% and for the month booked as 1.82%. Therefore 100% are positive. Finally, Zacks Investment Research raised Delta Air Lines from a "sell" rating to a "hold" rating in a research note on Friday, November 10th. [Full Article...]

Ford Ranger debuts in Detroit

Ford Ranger debuts in Detroit That means that, unlike Ford's bigger trucks, the new Ranger will not be offered with a diesel engine - at least not at first - nor with a manual transmission. The vehicle has been a bestseller in South Africa, Europe and New Zealand - where it is often used as an easy-to-maneuver work truck . While mechanically very similar to the existing T6 Ford Ranger sold in various other markets around ... [Full Article...]

NXP Semiconductors NV (NXPI) Downgraded to "Hold" at Vetr Inc

About 2.58 million shares traded. NXP Semiconductors N.V. It has outperformed by 7.97% the S&P500. Middleton & Co Inc decreased its stake in Cbs Corp New (CBS) by 36.04% based on its latest 2017Q3 regulatory filing with the SEC. (NASDAQ:BLDR). Capital Growth LP holds 0.03% or 35,000 shares. (NASDAQ:AMZN). Etrade Ltd Limited Liability Company holds 0.32% of its portfolio in Amazon.com, Inc. [Full Article...]

Regulators to hold pensions summit as Carillion crisis deepens

Regulators to hold pensions summit as Carillion crisis deepens Gail Cartmail, Unite assistant general secretary, said Carillion's workforce was being "held hostage by the whims of the market". Carillion's major projects have included "the doughnut" - the iconic circular office building of the UK's Government Communications Headquarters (GCHQ) - completed in 2003. [Full Article...]

Zacks Investment Research Upgrades Martin Midstream Partners (MMLP) to Hold

Zacks Investment Research Upgrades Martin Midstream Partners (MMLP) to Hold The institutional investor held 33,220 shares of the public utilities company at the end of 2017Q3, valued at $2.49M, up from 22,596 at the end of the previous reported quarter. Winslow Evans & Crocker Inc, which manages about $600.60M and $300.94M US Long portfolio, decreased its stake in Arista Networks Inc (NYSE:ANET) by 1,774 shares to 2,876 shares, valued at $545,000 in 2017Q3, according to t... [Full Article...]

Inflation at 17-month high, rises to 5.21 pc in Dec, 2017

Inflation at 17-month high, rises to 5.21 pc in Dec, 2017 It raised borrowing costs three times in 2017. This was 3.58 per cent in October 2017. According to the credit rating agency, the uptick in the CPI inflation to a 17-month high in December 2017 validates the caution displayed by the Monetary Policy Committee in its recent reviews. [Full Article...]


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