Finance

Takeda reaches takeover deal that values Shire at £46 billion

Takeda reaches takeover deal that values Shire at £46 billion The announcement follows a string of lower offers rejected by Shire over the past month. Takeda, meanwhile, has like many Japanese companies been expanding overseas to compensate for slowing growth at home. The companies expect to complete the deal in the first half of 2019. Takeda pledged Tuesday to quickly reduce the debt and maintain the company's investment grade credit reading. [Full Article...]

California may require new homes to have solar panels

California may require new homes to have solar panels This would make solar installation compulsory in new dwellings. The California Energy Commission is expected to approve the new regulations when it meets tomorrow. They're never going to reach that net-zero goal. Developers will have to include mandatory solar panels in Californian homes if new building regulations are passed this week. [Full Article...]

Rupee hits 15-month low; crosses 67/$

Rupee hits 15-month low; crosses 67/$ On other hand, Nifty 50 was trading at 10,732.95 above 17.45 points or 0.16%. They said there was huge dollar purchases by oil importing companies. The domestic currency drifted sharply to a low of 67.18, its lowest level since February 2017, in late afternoon-deals before closing at 67.13 to the dollar, a steep loss of 26 paise, or 0.39 per cent. [Full Article...]

Navios Maritime Acquisition Corp Stock as Institutional Investors Enter

Ratings analysis reveals 0 of Navios Maritime's analysts are positive. The stock increased 1.14% or $0.05 during the last trading session, reaching $4.45. Amer Gp holds 55,568 shs. Numeric Invsts Ltd invested in 0% or 31,444 shs. The Volatility 3m of Navios Maritime Midstream Partners L.P. (NYSE: NAP ) is 127.066600. [Full Article...]

Annual postal food drive is Saturday

Annual postal food drive is Saturday Customers simply leave their donation of non-perishable goods next to their mailbox before the delivery of the mail on Saturday. Locally, donations will go directly to Second Harvest Food Bank of the Lehigh Valley and Northeast Pennsylvania and its network of member agencies. [Full Article...]

Elon Musk Challenges Warren Buffet's Candy Empire With Cryptocandy

Elon Musk Challenges Warren Buffet's Candy Empire With Cryptocandy And that was when readers finally got the context of his candy company rant. Musk in his earnings call last week said that he thought moats were lame. Some of Berkshire Hathaway's other businesses also have moats wide enough to stave off competition from an innovative tech upstart, such as Garanimals, a line of children's clothing it owns, Buffett added. [Full Article...]

Comcast may try to derail Disney's deal for Fox with new bid

Comcast may try to derail Disney's deal for Fox with new bid Fox already owns 39 percent of Sky , which would transfer to Disney under the deal, and many analysts saw Comcast's bid as a means of undercutting Disney. The Comcast-Fox-Disney drama has also extended to the United Kingdom, where the three are involved in complicated merger drama involving Sky PLC . Fox ended up announcing an all-stock deal with Disney for $29.54 per share. [Full Article...]

Jammu And Kashmir: Chennai Tourist Hit in Stone-Pelting, Dies

Jammu And Kashmir: Chennai Tourist Hit in Stone-Pelting, Dies Jammu and Kashmir Chief Minister Mehboob Mufti visited the family members of deceased in the hospital, a news agency ANI reported. V K Birdi, Deputy Inspector General (DIG) of Police, Central Kashmir, told The New Indian Express that the tourist bus came under attack from stone-pelters at Narabal area on Srinagar-Gulmarg road around 11 am. [Full Article...]

$4M Mega Millions lottery ticket sold in NJ

$4M Mega Millions lottery ticket sold in NJ Friday's winning numbers were: 4, 5, 10, 12 and 18. Powerball and Mega Millions lottery tickets are displayed on January 3, 2018 in San Anselmo, California. The total jackpot in the next MEGA Millions game Tuesday will be $40 million. The victor has 180 days to claim their prize. The odds of a ticket matching five numbers and the Mega Ball are 302,575,350 to 1. [Full Article...]

Teacher Appreciation Week being recognized with kudos, special deals for Colorado teachers

Teacher Appreciation Week being recognized with kudos, special deals for Colorado teachers Here's what we've found; email us if you hear of others and we'll get the word out. Chipotle : BOGO on burritos, bowls, salads or tacos on Teachers' Day from 3 p.m.to close. You must check with your local Chick-Fil-A location about deals they are offering. Joann Fabrics: Save 15 percent every day by joining Teacher Rewards. [Full Article...]

Ontario emergency alert testing surfaces problems following Quebec failure

Ontario emergency alert testing surfaces problems following Quebec failure Radio and TV stations will run similar tests this week. It will be Ontario's turn to conduct a test of Canada's new public emergency alert system. "Today, it didn't. However, while no Quebec residents have received the alert testing, it appears that some Ontarians have gotten the message - albeit inconsistently. [Full Article...]

Law Now Requires Restaurants To Include Calorie Count

Law Now Requires Restaurants To Include Calorie Count An Obama-era regulation went into effect this week that requires all chain restaurants to prominently display calorie counts on their menus. Completing work on menu labeling is an important part of a comprehensive, multi-year Nutrition Innovation Strategy announced in March by FDA Commissioner Scott Gottlieb aimed at providing consumers with easier access to nutritious, affordable foods by e... [Full Article...]

IFF to Acquire Frutarom for $7 Billion

IFF to Acquire Frutarom for $7 Billion Several brokerages have recently commented on IFF . JPMorgan Chase & Co. increased its position in shares of International Flavors & Fragrances by 8.4% during the third quarter. IFF stock traded up $0.76 during trading on Friday, reaching $142.81. (NYSE: IFF ) for 2,000 shares. IFF underperformed the S&P500 by 9.41%. Тherefore 50% are bullish. [Full Article...]

Software In Fatal Uber Crash Reportedly Recognized Woman, Then Ignored Her

Software In Fatal Uber Crash Reportedly Recognized Woman, Then Ignored Her Uber has determined that the likely cause of a fatal collision involving one of its prototype self-driving cars in Arizona in March was a problem with the software that decides how the vehicle should react to objects it detects, according to two people briefed about the matter. [Full Article...]

Closing Bell: Sensex spirals 293 points to reclaim 35k-mark

Closing Bell: Sensex spirals 293 points to reclaim 35k-mark On Friday, the rupee had lost 23 paise to close at 66.87 against the US currency. The stock rose 37.90% to 240.90 and was the top gainer on BSE. Results are largely in line with expectation while volatility in rupee and yield and apprehensions about Karnataka election impacting the pace of rally. [Full Article...]

ICICI Bank Q4FY18 result preview: Here's what to expect

ICICI Bank Q4FY18 result preview: Here's what to expect However, standalone total income of the bank rose to Rs 19,943 crore in March quarter, from Rs 16,585.76 crore in preceding fiscal's last quarter. ICICI Bank's shares ended the day's trade higher by 2.30 percent to close at Rs 289.40 per share, compared with 0.84 percent rise in the BSE Sensex. [Full Article...]

Video shows Google self-driving van accident in Arizona

Video shows Google self-driving van accident in Arizona The Chrysler Pacifica equipped with Waymo's self-driving technology was struck by a Honda Civic heading in the opposite direction that had swerved to avoid a third auto that had run a red light. The Honda and the Waymo vehicle had significant damage, and Tyler said the Waymo driver had injuries that required hospitalization. Waymo quickly released a video proving that its minivan was merely ... [Full Article...]

Reports Indicate Walmart is Ready to Acquire Flipkart

Reports Indicate Walmart is Ready to Acquire Flipkart SJM national convenor Ashwani Mahajan told The Wire that he is going to write to Prime Minister Narendra Modi and Commerce Minister Suresh Prabhu to demand that approval should not be given to the Walmart-Flipkart deal as FDI is not allowed in retail. [Full Article...]

Buffett bashes bitcoin as nonproductive, thriving on mystique

Buffett bashes bitcoin as nonproductive, thriving on mystique Buffett was firm in his support of the bank, where Berkshire is the largest shareholder. While there is no guarantee the venture between Amazon.com, Berkshire and JPMorgan, which collectively employ more than 1 million people, will succeed, Buffett said it is well positioned to try. [Full Article...]

Nestle to pay $7.15 billion to Starbucks in coffee tie-up

Nestle to pay $7.15 billion to Starbucks in coffee tie-up About 500 Starbucks employees will join Nestle under the agreement, the Switzerland-based company said. Nestlé SA said Monday it has entered an agreement with Starbucks Corp.to sell the coffee chain's consumer and food service products. They previously had deals with Kraft and Acosta Inc to sell their products in shops. Nestle will pay Starbucks $7.15 billion as part of a global coffee allianc... [Full Article...]


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