Business

Business Whistle-blower triggers recall of 240000 Hyundai and Kia cars
Author: 0 Whistle-blower triggers recall of 240000 Hyundai and Kia cars

According to the state government, French automobile company PSA Peugeot Citroen is now planning to set up an integrated manufacturing facility in Kancheepuram district and Hosur by establishing three production facilities. Ford has invested ₹ 4,500 crore in a 2 lakh a year vehicle production facility and a 2.5 lakh engine production facility in Tamil Nadu. However, the auto company had earlier clarified that it had set up a second facility in Gujarat for logistics advantage.

Business Did Justin Bieber leave India in the middle of the night?
Author: 0 Did Justin Bieber leave India in the middle of the night?

His next song was "Company" followed by "Let me love you". Bieber and Britney now have two number one debuts apiece, while Carey has three - Fantasy, One Sweet Day, and Honey. For more latest information, keep Checking organisers Twitter Handles @WhiteFoxIndia and @PurposeTour2016. Obviously, Bieber sang all his biggest hits, from Baby to Where Are You Now , threw in a fair bit of acoustic songs, like Love Yourself.

Author: 0 Snap shares plummet as investors mark down first earnings report

The company's daily active users (DAUs), increased 36.1% to 166 million in the first quarter from the same period previous year, but was lower than the increase of 47.7% in the fourth quarter. Most analysts blame Facebook and the recent launch of Snapchat-like features on Instagram via Instagram Stories and Facebook Messenger. Snap Inc .is best known for its popular social media platform- Snapchat .

Author: 0 North Korea seeks extradition of South Korea spy chief over ''assassination plot''

The last time that Han appeared to brief foreign diplomats in Pyongyang was last December, to present North Korea's response to the latest round of United Nations sanctions after its September 2016 nuclear test. The statement says Xi relayed China's opposition to the missile-defense system being installed in South Korea that it says threatens its own security.

Author: 0 Are Traders Shorting AK Steel Holding Corporation (NYSE:AKS) Shares?

AK Steel Holding Corporation closed its last trading session at $5.87 with the gain of 1.87%. Anchor Bolt Capital Lp sold 214,739 shares as Ak Stl Hldg Corp ( AKS)'s stock rose 106.26%. If you are accessing this news story on another website, it was illegally copied and republished in violation of United States & global copyright & trademark law.

Author: 0 Investor Monitor: Narrowing in on Whiting Petroleum Corporation (NYSE:WLL)

KLR Group restated a "buy" rating and set a $18.00 price objective (up from $17.00) on shares of Whiting Petroleum Corp in a research note on Friday, February 24th. The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of global copyright & trademark laws.

Business Australia's Budget Deficit To Narrow Before Surplus In 2020 To 2021
Author: 0 Australia's Budget Deficit To Narrow Before Surplus In 2020 To 2021

ALL but the most disadvantaged Australians will be hit by a big tax rise as the Government uses the Budget to regain ground on health spending. "These big ticket items include funding for the second Sydney airport, money to build a new inland rail line between Brisbane and Melbourne and additional funds for a range of other urban rail projects across Australia", the Deloitte report said.

Author: 0 Made-in-China passenger plane makes maiden flight

This marks the Asian giant's entry into the highly-competitive global aviation sector which is dominated by Boeing and Airbus. China is also building various runways across the country slated for test flights of the C919 - which is being targeted at commercially challenging the Boeing 737 and Airbus 320 - including Yaohu airport in Nanchang, Jiangxi province.

Author: 0 Gold firm on euro strength after Macron wins French elections

While expressing "relief" at the defeat of National Front leader Marine Le Pen on Sunday, the PCF called for resistance to Mr Macron's pledge to cut €60 billion in spending, sack 120,000 civil servants and slash social security benefits. At 39, the pro-EU former investment banker will become France's youngest-ever President. Benoit Hamon, who as the Socialist presidential candidate finished fifth in the first round of the election, said he planned to launch a new leftwing movement.

Author: 0 Next Weeks Broker Price Targets For Symantec Corporation (NASDAQ:SYMC)

Albeit keeping a close eye on stock technical is very important, Investors always show anxiousness about where the stock might be heading. Advisor Group Inc. The original version of this story can be accessed at https://www.chaffeybreeze.com/2017/05/12/symantec-co-symc-lifted-to-hold-at-zacks-investment-research.html.

Author: 0 Trump to delay decision on Paris climate agreement until after summit

Gerard Araud told CNN . The White House had previously said a decision would be reached before Trump's appearance at the summit. But it was postponed . Some senior members of the Trump administration - including the president - have questioned the validity of climate science in the past. "The president has been meeting with his team for quite a while on this matter", Spicer said at the afternoon briefing, Politico reported .

Author: 0 Transocean Ltd.'s (RIG)

Citadel Ltd Company invested in 926,736 shares or 0.01% of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website . The brokerage now has a buy rating on the offshore drilling services provider's stock. Capital Investment Counsel Inc increased its stake in shares of Transocean LTD by 2.1% in the third quarter.

Author: 0 US Crude Oil Stockpiles Post Big Drawdown

Oil cartel Opec and other producers including Russian Federation have pledged to cut output by nearly 1.8-million barrels a day during the first half of the year. ET) on Friday, up 5 cents from their last close. Crude production increased by 21,000 barrels, most of the increase was in Alaska. Prices surged immediately after the agreement, but have come under sustained pressure in recent weeks as US production has ramped up and pushed back the expected timing for when the oil market will come ...

Author: 0 Warren Buffet regrets missing out on Google and Amazon

Quarterly operating profit, which excludes investment and derivative gains and losses, fell 5 percent to a three-year low of $3.56 billion, or $2,163 per Class A share, from $3.74 billion, or $2,274. That amounts to about $680,000 back in his own pocket, the Berkshire Hathaway chairman said. To no one's surprise, Buffett did not mention who would take over for him as Berkshire's chief executive.

Business Macron to visit Berlin in first trip as French president
Author: 0 Macron to visit Berlin in first trip as French president

Macron's visit to Berlin aims at stressing the importance of the relationship with Germany to relaunch the European project, an aide to the president-elect said. The idea of turning the ESM "step by step into a kind of European Monetary Fund" with powers to impose reform criteria - "those are ideas we have to develop further", Merkel said.

Author: 0 Climate talks open in Bonn, with all eyes on Washington

Trump will "come to a decision on what's in the best interest of the United States using the expertise that surrounds him", he said. Climate negotiators return for talks in Bonn on Tuesday under the cloud of Donald Trump's threats to pull America from the hard-fought Paris Agreement, as the president prepares to hold a special meeting to discuss USA participation.

Business Drug trial results lift AstraZeneca shares
Author: 0 Drug trial results lift AstraZeneca shares

The data for this won't be available until the Phase III trial is complete. The hope is that the drug, which offers an alternative to chemotherapy, will be a blockbuster treatment for AstraZeneca with sales in the billions of dollars. AstraZeneca said it will start to work with regulators around the world to bring Imfinzi to patients as soon as possible. In this trial, Imfinzi is being tested in combination with tremelimumab - a treatment which is seen as high-risk by the markets ...

Business Losses at JC Penney double, sales slide, as do shares
Author: 0 Losses at JC Penney double, sales slide, as do shares

J.C. Penney's net loss widened to $180 million, or 58 cents per share, in the quarter ended April 29, from $68 million, or 22 cents per share, a year earlier. J C Penney Company Inc (NYSE:JCP) updated its FY18 earnings guidance on Friday. He has brought major appliances like washing machines back to the stores and is quickly expanding the number of Sephora beauty shops in its stores.

Author: 0 Toronto Raptors Game 3 Recap: Another Day at the Office

DeRozan wound up playing 41 minutes and sat down with the game out of reach with three minutes to go. For most of last night's eventual 115-94 runaway victory, the Cleveland Cavaliers looked as if they were only mildly interested in taking advantage of Kyle Lowry's absence and ending the Toronto Raptors' misery in this series sooner rather than later.

Business Allergan plc (AGN) Receiving Somewhat Critical News Coverage, Analysis Finds
Author: 0 Allergan plc (AGN) Receiving Somewhat Critical News Coverage, Analysis Finds

Credit Suisse Group AG reissued a "buy" rating and set a $274.00 target price on shares of Allergan plc in a research note on Tuesday, February 14th. Analysts anticipate that Allergan plc will post $16.09 earnings per share for the current year. COPYRIGHT VIOLATION WARNING: " Allergan plc Target of Unusually High Options Trading (AGN)" was first published by Sports Perspectives and is the property of of Sports Perspectives.

Author: 0 Spicer: Trump Will Decide on Paris Agreement After Summit

Spicer said Trump is continuing to hear from advisers on the pros and cons of remaining in the global accord. The United States, alongside more than 100 other countries, signed onto the accord under former President Barack Obama that aims to limit greenhouse gas emissions in member countries.

Author: 0 Germany posts 0.6 percent Q1 GDP growth

The German economy gathered steam in the first quarter of 2017, official data from the National Statistics Office, Destatis , showed Friday. First-quarter GDP growth was 0.6%, faster than the October-to December 2016 figure of 0.4%. Foreign trade also helped with the boost as exports managed to increase faster than imports. " Germany's economic performance is a never-ending success story".

Business Oil takes heart from decline in U.S. stocks
Author: 0 Oil takes heart from decline in U.S. stocks

The bank also said that a fall by 5.3 million barrels in USA crude inventories C-STK-T-EIA this week to 522.5 million barrels was "providing some fundamental support for prices". Notably, U.S. crude production continued to climb, rising to 9.31 million bpd, from 9.29 million bpd the week earlier. The Organisation of the Petroleum Exporting Countries and other producers including Russian Federation have agreed to cut output by nearly 1.8 million barrels per day (bpd) during the first half ...

Author: 0 Ratings and Price Target Analysis of: Crocs, Inc. (CROX)

They now have a Dollars 13 price target on the stock. These analysts and investment firms use various valuation methods to decide a price target for a stock. the EPS stands at -0.58 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.35, suggesting the stock fell short of the analysts' expectations.

Business US retail sales rebounded in April after sluggish winter
Author: 0 US retail sales rebounded in April after sluggish winter

Excluding both autos and gasoline, sales also were up 0.3% last month compared with March. United States retail sales in April rebounded from two sluggish months - but clothing was one of just a few categories not to see any pickup in spending as shoppers continued to stay away from malls and online competition intensified.

Business United flight delayed after scorpion reported aboard
Author: 0 United flight delayed after scorpion reported aboard

For the second time in a month, a United flight was delayed for a scorpion making it on board. Paramedics said that passenger had not been stung and no scorpion was found, CBS2 reported. The flight eventually got underway 3½ hours late. All passengers were provided with a meal voucher from United Airlines. Flight attendants quickly corralled the scorpion and flushed it down an airplane toilet.

Business Canada Bank Downgrade Rings Alarm Bells on Consumer Debt, Housing
Author: 0 Canada Bank Downgrade Rings Alarm Bells on Consumer Debt, Housing

Despite measures put into place by Canadian policymakers in recent years - which have had some success in moderating the rate of housing price growth - house prices and consumer debt levels remain historically high, it added. "Continued growth in Canadian consumer debt and elevated housing prices leaves consumers, and Canadian banks, more vulnerable to downside risks facing the Canadian economy than in the past", Beattie said.

Business Rising yields boost dollar, euro after French vote
Author: 0 Rising yields boost dollar, euro after French vote

If Macron had lost in the French elections to Marine Le Pen, the far-right candidate who, like Trump, wanted to keep immigrants out, that would have signaled the rise of ultra-conservative, protectionist thinking that could influence other nations, especially in Europe.

Business Samsung Virtually Confirms Galaxy Note8 Launch Later this Year
Author: 0 Samsung Virtually Confirms Galaxy Note8 Launch Later this Year

But, as is apparent from official Samsung words, Galaxy Note8 is set to be launched later this year presumably during the same August-September period. So it seems that rumors and speculations that the company would kill the Galaxy Note brand are not true. "We aim to increase our shipment and revenue [year-over-year] and improve our profit [year-over-year] by maximizing sales of the Galaxy S8 and S8 Plus, by successfully launching a new flagship smartphone in the second half of 2017, and ...

Business Wholesale prices jumped in April
Author: 0 Wholesale prices jumped in April

The rise in the core was tamer than expected. The core PPI index, which doesn't include food and energy, rose 2.1% in the prior 12 months. Excluding volatile items of food, energy, and trade services, producer costs rose 0.7 percent after climbing 0.1 percent the previous month; up 2.1 percent from a year earlier.

Author: 0 Why Was Comey Fired, Really?

He's a grandstander", the president said of Comey. Mr. Rosenstein presented a thoughtful and bipartisan critique of Mr. Comey in his recommendation for termination. "That is not accurate", McCabe said. Later in the dinner, Trump again said to Comey that he needed his loyalty. McCabe told a Senate panel it was not "standard practice" to tell an individual whether they are or are not under investigation.

Author: 0 When the OBOR initiative meets ASEAN Vision 2025

China's One Belt One Road (OBOR) strategy envisions an overland Silk Road Economic Belt and the 21st Century Maritime Silk Road to foster trade and enter new markets. As the U.S. seeks an "American First" agenda, many countries are rushing to be part of China's big plans. OBOR envisions largescale infrastructure creation in China and OBOR linked countries, which the government hopes will keep the economy ticking.

Business Secretary of Education Betsy DeVos Booed During Commencement at HBCU
Author: 0 Secretary of Education Betsy DeVos Booed During Commencement at HBCU

As the crowd kept trying to shout her down, university president Edison Jackson briefly took over the microphone to sternly lecture the class of 2017. While we may share differing points of view, my visit and dialogue with students leaves me encouraged and committed to supporting HBCUs". "Betsy DeVos gets booed at the Bethune Cookman commencement ceremonies".

Author: 0 Labour's election manifesto approved unanimously, says Corbyn

The draft manifesto has been dismissed by a Labour spokesman as just "a draft of policy ideas". As nominations closed for the General Election on June 8, the local Greenwich Green Party said they had taken the decision following discussions with the local Labour Party.

Author: 0 Holly Energy Partners, L.P. (NYSE:HEP) Reviewed By Analysts

The company beat the analyst EPS Estimate with the difference of $0.04. Holly Energy Partners, L.P. was downgraded to "underperform" by analysts at Bank of America Merrill Lynch. First Manhattan holds 0% or 2,580 shares in its portfolio. In other news, Director Michael Jennings sold 10,000 shares of the company's stock in a transaction on Friday, February 24th.

Business China's Belt and Road investments since 2013 total $60 billion: state planner
Author: 0 China's Belt and Road investments since 2013 total $60 billion: state planner

Beijing is promoting outbound investment in Belt and Road projects - an ambitious initiative to boost links between Asia, Africa and Europe - but has also cracked down on what it calls "irrational" investments. China is willing to work with Brunei and other countries of the Association of Southeast Asian Nations (ASEAN) to safeguard peace and stability in the South China Sea area, Wang told Brunei's Second Minister of Foreign Affairs and Trade Lim Jock Seng.

Business Oil Edges Higher As OPEC Reaches Consensus On Cut Extension
Author: 0 Oil Edges Higher As OPEC Reaches Consensus On Cut Extension

By 11:12 a.m., US crude futures CLc1 were up $1.30, or 2.8 percent, at $47.18 a barrel, and Brent crude LCOc1 rose 2.5 percent, or $1.25, to $49.98 a barrel. OPEC is set to give further talks on May 25, concerning of whether to extend the settlement to cut production output for an additional six-months before the year ends.

Business Workers begin to fill collapsed radioactive tunnel at Hanford
Author: 0 Workers begin to fill collapsed radioactive tunnel at Hanford

Workers laid down a gravel bed, Henderson said, on which heavy equipment will roll Wednesday to put soil in the 20-foot collapsed section of the tunnel, which is hundreds of feet long and is used to store contaminated materials. Much of it would wear out and would be coated with radioactive waste. Hanford, located in southcentral Washington state, has about 9,000 employees and a lot of them were told to stay home Wednesday, Henderson said.

Author: 0 Gold slumps to lowest since mid-March on hawkish Fed

The Fed statement said while household spending has risen only modestly "the fundamentals underpinning the continued growth of consumption remained solid". They went out of their way to emphasize this is not something they see persisting and pretty much says to me that their two rate hikes are still on the table for the balance of the year.

Author: 0 Bank of England keeps rates at record low as economy slows

Compared with that previous report , inflation has been higher than the Bank predicted and growth has been lower as squeezed consumers rein in spending . Average citizens are starting to feel the pinch as inflation is now outpacing wage growth, meaning that Brits are essentially earning less than prices are rising, squeezing their ability to spend on discretionary items.

Author: 0 Astrazeneca PLC (NYSE:AZN) Broker Price Targets For The Coming Week

The stock now has an average rating of "Buy" and a consensus price target of GBX 3,357.75 ($43.43). 450 shares valued at $50,000 were bought by TODMAN MICHAEL on Tuesday, February 21. Liberum Capital maintained the stock with "Hold" rating in Friday, February 3 report. The firm has "Buy" rating given on Tuesday, December 22 by Canaccord Genuity.

Business Deutsche Telekom confident after US mobile arm boosts Q1
Author: 0 Deutsche Telekom confident after US mobile arm boosts Q1

Representatives for Sprint, SoftBank, T-Mobile and Deutsche Telekom, which owns about 65 percent of T-Mobile, declined to comment. In the first quarter past year, profits had been boosted by the sale of British mobile operator EE to the country's market leader British Telecom (BT).

Author: 0 Decoding insights from Warren Buffett

Buffett is known for his candor and plain speaking. "They have followed the standard capitalist formula ... of trying to do the same business with fewer people", Buffett said. Buffett also criticized Wells Fargo's leadership Saturday for lackluster handling of a firm-wide sales scandal that affected thousands of customers across the U.S.