Finance

Wall Street edges up as investors eye key support levels

Wall Street edges up as investors eye key support levels The Dow is up 177.06 points or 0.8% at 23,821.25, the Nasdaq is up 19.44 points or 0.3% at 6,889.56 and the S&P 500 is up 12.01 points or 0.5% at 2,593.89. Tesla fell $13, or 4.9 percent, to $253.13. Health insurer Humana rose following continued reports Walmart could buy the company or create a new partnership with it. [Full Article...]

Boeing (NYSE:BA) Position Reduced by Foster & Motley Inc

Boeing (NYSE:BA) Position Reduced by Foster & Motley Inc The firm has "Hold" rating by Buckingham Research given on Friday, December 22. The company was downgraded on Friday, May 27 by Evercore. The stock of AT&T Inc. Botty Investors Ltd Limited Liability Company stated it has 860 shares or 0.01% of all its holdings. About 5.02M shares traded. Duncker Streett has invested 0.44% in The Boeing Company ( NYSE :BA). [Full Article...]

Saudi licenses United States firm AMC to operate cinemas

Saudi licenses United States firm AMC to operate cinemas The firm is expected to report its next quarterly earnings report on Monday, May 14th. The 1 year EPS growth rate is 14.00%. Zacks Investment Research's sales calculations are an average based on a survey of analysts that cover AMC Entertainment. [Full Article...]

Epuron gets green light for 1-GW wind farm in NSW, Australia

Epuron gets green light for 1-GW wind farm in NSW, Australia Deepwater Wind built the up-and-running, 30-megawatt Block Island Wind off Rhode Island, the first offshore wind farm in the nation. Announced on Tuesday, Bay State Wind revealed that a new agreement had been signed with EEW to build and staff a MA manufacturing facility that would manufacture offshore wind components. [Full Article...]

Boeing to sell 75 737 MAX aircraft to India's Jet Airways

Boeing to sell 75 737 MAX aircraft to India's Jet Airways ALC said it owns 213 various kinds of aircraft, including Boeing, French-made Airbus, Embraer and other models, and the latest order raises its total 737 MAX orders to 138. Jet Airways said on Wednesday that it had finalised a deal for 75 narrow-body Boeing 737 MAX aircraft. The airline finalised a separate deal to buy 75 other Boeing 737 MAX aircraft a year ago. [Full Article...]

Ford Escape earns worst safety rating

Ford Escape earns worst safety rating The Mitsubishi Outlander Sport received a marginal rating in passenger safety, and the Ford Escape got a poor rating. The side curtain airbags in the Ford and the Mitsubishi did not deploy during the crash tests, a factor that likely contributed to these vehicles' poor performance. [Full Article...]

Tesla boosts Model 3 production but still short of goal

Tesla boosts Model 3 production but still short of goal Tesla has been working with Shanghai's government since a year ago to explore assembling cars in China, but has yet to clinch a deal. "As a result, Tesla does not require an equity or debt raise this year , apart from standard credit lines". [Full Article...]

Facebook deletes posts linked to Russian "troll factory" - CEO Zuckerberg

Facebook deletes posts linked to Russian Stamos wrote: "The IRA has repeatedly used complex networks of inauthentic accounts to deceive and manipulate people who use Facebook, including before, during and after the 2016 USA presidential elections ". The accounts had spent the equivalent of $167,000 (£118, ooo) on adverts since January 2015. Stamos said: "The IRA has repeatedly used complex networks of inauthentic accounts to deceive... [Full Article...]

State Advisory Council To Explore Expansion Of Texas Medical Marijuana Law

State Advisory Council To Explore Expansion Of Texas Medical Marijuana Law Studies have found medical pot is effective in treating chronic pain , Bradford said. 2016 data gathered from patients enrolled in Michigan's cannabis access program reported that marijuana treatment "was associated with a 64 percent decrease in opioid use, decreased number and side effects of medications, and an improved quality of life". [Full Article...]

Three new smartphones launched by Nokia in India

Three new smartphones launched by Nokia in India HMD promised that it would deliver timely updates to all phones in its portfolio, including the entry-level Nokia 3, and the manufacturer kept up its word. The new Nokia 6 is over 60 per cent faster than its predecessor and now offers enhanced "dual sight", ZEISS optics, USB-C fast-charging, a compact screen-to-body ratio, Nokia spatial audio and runs Android Oreo OS out of the box. [Full Article...]

Malaysians in uproar over Masterchef UK judges' comments on chicken rendang

Malaysians in uproar over Masterchef UK judges' comments on chicken rendang However, people from the two south-east Asian nations; Malaysia and Indonesia - including Malaysian PM Najib Razak - are unhappy with the decision taken by the judges, claiming that the dish cooked by the contestant is not supposed to be "crispy" and the judges have got the dish all wrong . [Full Article...]

Sensex rises 75 points; Nifty trades at 10253

Sensex rises 75 points; Nifty trades at 10253 Mumbai: Benchmark indices declined over 1% on Wednesday, breaking a two-day winning streak, as trade war fears escalated after China announced tariffs on United States goods in response to Donald trump's plan to slap duties on $50 billion in Chinese imports. [Full Article...]

Dow drops more than 500 points after Trump attacks Amazon again

Dow drops more than 500 points after Trump attacks Amazon again The Dow Jones Industrial Average has increased 44.90 points, or 0.19%, to 23,689.09, while the S&P 500 has lost 1.89 points, or 0.07%, to 2579.99. Meanwhile, gold stocks were among the few groups to buck the downtrend, with the NYSE Arca Gold Bugs Index climbing by 1.3 percent. [Full Article...]

CAPROCK Group Inc. Lowers Holdings in General Electric (GE)

CAPROCK Group Inc. Lowers Holdings in General Electric (GE) According to authentic sources, Veritas Capital is expected to work with the management team of General Electric, thereby ensuring a seamless transition of the healthcare technology business of GE into a standalone business unit. Oppenheimer maintained the shares of GE in report on Monday , July 24 with "Hold" rating. Keefe Bruyette & Woods maintained it with "Hold" rating and $38.0 target in W... [Full Article...]

Ghost Recon Wildlands Year 2 DLC Plan Revealed

Ghost Recon Wildlands Year 2 DLC Plan Revealed Ubisoft hasn't revealed much else about the Year 2 content but has stated that some of it will feature user-requested content and that even the campaign will get some new content. All of Special Operations 1 will be free for all players. In this mode, an attacking team will set out to capture and hold an objective area, the defending team will try to stop them. [Full Article...]

Walmart or Amazon? Who will bag the Flipkart stakes?

Walmart or Amazon? Who will bag the Flipkart stakes? Amazon has held early exploratory talks to buy Flipkart even as the latter closes in on a sale to Walmart, the report said, citing two people with direct knowledge of the matter. According to a report by BusinessLine , Flipkart's valuation soared to Dollars 17 to 19 billion in January when Tiger Global sold 2.2 percent of its stake. [Full Article...]

Spotify's market value hovers at around $29B

Spotify's market value hovers at around $29B Spotify is hovering around $29 billion in market value on its first day of trading as the streaming music service hopes to gain ground in a growing industry. During a traditional initial public offering , underwriters set the IPO price and allocate shares to institutional investors. Analysts are anxious that will be more hard for Spotify to do because it is primarily negotiating for the same musi... [Full Article...]

New Studies: Opioid Use Lower In States That Eased Marijuana Laws

David Bradford , an economist at the University of Georgia and an author of one of the studies . Researchers reported that the enactment of both medicalization and adult-use laws were both associated with reductions in opioid prescribing rates, with broader legalization policies associated with the greatest rates of decline. [Full Article...]

WPP CEO Martin Sorrell under investigation for 'personal misconduct'

WPP CEO Martin Sorrell under investigation for 'personal misconduct' The allegations against Sorrell, who founded the firm, do not include monetary amounts which are "material to WPP", the statement added. WPP's investigation began sometime last week and is ongoing, a representative confirmed. Sir Martin did not respond to requests for comment. Sorrell is considered to be one of the ad industry's most influential thought leaders even as the business he helped... [Full Article...]

CBS, Viacom merger talks hit roadblock over who will be Moonves' second-in-command

CBS, Viacom merger talks hit roadblock over who will be Moonves' second-in-command Brown Brothers Harriman And Company has 18,907 shares for 0.01% of their portfolio. UBS maintained Viacom , Inc. On Monday, September 11 the stock rating was maintained by RBC Capital Markets with "Sell". (NASDAQ:VIAB)'s short data, trying to figure out market sentiment on which way the market thinks the stock is moving. (NASDAQ:VIAB) on Friday, August 7 with "Hold" rating. [Full Article...]


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