Business

Author: 0 Nokia Oyj (NOK) Receives Hold Rating from Canaccord Genuity

Vetr raised Nokia Oyj from a "buy" rating to a "strong-buy" rating and set a $5.80 price objective on the stock in a research note on Thursday , February 23rd. Maximum and minimum EPS estimate for the current quarter is projected at $0.05 and $0.03, respectively, according to 10 analysts. The firm also recently announced a dividend, which will be paid on Friday, June 9th.

Business Mandatory Aadhaar: SC to hear all petitions on June 27
Author: 0 Mandatory Aadhaar: SC to hear all petitions on June 27

The Attorney General noted that the government was insisting on Aadhaar number for availing the benefits under various social welfare schemes to eliminate ghosts beneficiaries as had happened in the case of public distribution scheme and other schemes.

Business Trump travel ban back in court
Author: 0 Trump travel ban back in court

A three-judge 9th US Circuit Court of Appeals panel, made up entirely of judges appointed by Democratic former President Bill Clinton , reviewed a Hawaii judge's ruling that blocked parts of the Republican president's revised executive order on travel.

Author: 0 Ford might cut global workforce by 10 percent, reports claim

A source familiar with the plan told CNBC that Ford's cuts will involve primarily salaried workers in North America and Asia. The auto maker said it expects 1,400 salaried positions to be affected by the end of September, as part of its plan to reduce costs and becoming as "lean as efficient as possible".

Author: 0 Key Takeaways From Wal-Mart's Q1 Earnings

Wal-Mart's US same-store sales rose 1.4% for the fiscal first quarter - the 11th straight quarterly increase - due to a 1.5% rise in foot traffic, thanks in part to improvements Wal-Mart has made in its stores. The company paid $3.3 billion for e-commerce retailer Jet.com previous year, completing its purchase in September. The Bentonville, Ark. -based mass merchant said USA sales in the quarter, which ended April 30, increased by 2.5% to $118.8 billion with non-fuel comps increasing by ...

Business GAIL India stock closes 2.74 percent lower post Q4 earnings
Author: 0 GAIL India stock closes 2.74 percent lower post Q4 earnings

The Q4 net profit includes exceptional loss on impairment provision at Rs 788 crore. Gas Authority of India Ltd (GAIL), the country's largest natural gas transmission company, wants to almost double its petrochemical output in the coming fiscal, BC Tripathi , Chairman and Managing Director, said a day after the company reported disappointing fourth quarter earnings.

Business Centre sets up new firm to implement Digital India scheme
Author: 0 Centre sets up new firm to implement Digital India scheme

It is very exciting situation. On the eve of Modi Government's completion of three years in office, Prasad announced to form a Digital India Corporation (DIC) to bring in uniformity in the government's Digital India programme. He stated that " Digital India " campaign was a great success in India as it was empowering people, was inclusive in its nature and was ensuring much-needed change in the country through technological interventions.

Business Slight decline in Polls for Tories Says ICM
Author: 0 Slight decline in Polls for Tories Says ICM

It amounts to a significant concession after the Tory manifesto said proposals from the Dilnot Report on social care, which included a ceiling on the total amount any individual would have to pay, "mostly benefited a small number of wealthier people".

Author: 0 Featured Stock to See: Walgreens Boots Alliance, Inc. (WBA)

A 18 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of Walgreens Boots Alliance , Inc. The Stock had a 1.5 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.47 and 1.56 respectively.

Author: 0 Xilinx, Inc. (XLNX) Shares Bought by First Eagle Investment Management LLC

Ironwood Investment Counsel LLC increased its position in shares of Xilinx by 34.3% in the third quarter. Zacks Investment Research cut shares of Xilinx from a "buy" rating to a "hold" rating in a research report on Monday, May 1st. Out of 18 Wall Street analysts rating Xilinx Inc ., 4 give it "Buy", 3 "Sell" rating, while 11 recommend "Hold". This is a positive change from Xilinx's previous quarterly dividend of $0.33.

Business Price Target Analysis of The Coca-Cola Company (KO)
Author: 0 Price Target Analysis of The Coca-Cola Company (KO)

Longer Investments Inc.'s holdings in The Coca-Cola were worth $2,048,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 63.88% of the company's stock. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.35%.

Business Ford's new CEO promises a fit - but fun - company
Author: 0 Ford's new CEO promises a fit - but fun - company

The vote didn't pass, but the message was sent. "This is a time of unprecedented change", said Bill Ford , Ford's chairman and great grandson of the company's founder. Ford shares climbed 1.7 per cent to US$11.06 as of 1:07 p.m. Monday in NY and rose earlier as much as 2.4 per cent, the biggest intraday jump in a month.

Author: 0 Oil rises on expectations of extended, possibly deeper, output cut

He said a new agreement would be similar to the previous pact, with minor changes. Nomura estimates that OPEC has been 90%-compliant with the promised cuts so far, but the rebalancing of supply and demand could still be as far as 18 months away, after the buildup of stocks over the past three years.

Business Brazil President Temer Won't Resign: 'Oust Me If You Want'
Author: 0 Brazil President Temer Won't Resign: 'Oust Me If You Want'

The probe, launched in March 2014, centers on companies that were offered deals with state oil giant Petrobras in exchange for bribes, which were funneled into politicians' pockets and political party slush funds. Filippelli worked under Queiroz during his 2011 to 2015 term as Brasilia governor and became an advisor to Temer past year, days after Temer's predecessor was removed from office in an impeachment vote widely condemned as a parliamentary coup.

Author: 0 Russian Federation beats Saudi as top China oil supplier for second month

Saudi Arabia's Energy Minister Khalid al-Falih also said Monday that he doesn't expect any OPEC opposition to a nine-month extension, according to Reuters . However, unlike the sharp bounce seen in late November, when the supply deal was announced first, oil prices have only reacted modestly so far. The issue of the agreement extension will be considered at the upcoming ministerial OPEC meeting, scheduled for May 24-25.

Business Switzerland's Clariant, Huntsman of US in chemicals merger
Author: 0 Switzerland's Clariant, Huntsman of US in chemicals merger

Huntsman said in an interview. Once the deal closes, Huntsman shareholders will own 48% of the new company based on the difference in the values of the two firm's shares. Rivalry in both their commodity segments, such as pigments and leather chemicals, meant the companies struggled with profitability, leading to asset sales, plant closures and divestments.

Author: 0 Oil Pulls Back After US Proposal to Sell Stocks

All oil producers participating in a deal to limit output agree on extending the cuts by nine months to help trim a supply glut, according to Saudi Arabia's energy minister. Ironically, the country that holds the key to the success of the Opec deal may be one not at the table: the US. In March, he said Iraq's output could grow to 5 million barrels a day in the second half of 2017, with the capacity to export much more.

Author: 0 Trump hails 'unbreakable spirit' of Jewish people in Israel

Expressing optimism that a peace deal could finally be brokered to end the almost 70-year-old conflict and suggested a resolution may not be hard to obtain it. "Intelligence cooperation is terrific", he said of the United States and Israel. "In light of recent news reports, we ask that you keep the promise you repeatedly made throughout your campaign: recognize Jerusalem as the indivisible capital of the State of Israel and move the U.S.

Business Pakistani celebrities condole Manchester Arena attack
Author: 0 Pakistani celebrities condole Manchester Arena attack

Earlier on Tuesday, a 23-year-old man was arrested in connection with the Manchester bomb attack that killed 22 people, according to the Greater Manchester Police. "How we weren't crushed to death is a miracle". Mr Parker, who has slept rough in the city for about a year, said he also tended to a woman aged in her 60s who was badly hurt from the bombing with serious leg and head injuries.

Business Dozens Walk Out on Pence at Notre Dame Graduation
Author: 0 Dozens Walk Out on Pence at Notre Dame Graduation

The protest was designed as a way to stand in solidarity with the marginalized groups targeted by Pence and the Trump administration's divisive policies and beliefs. A number of protesters also lined the streets near the stadium, holding placards and banner protesting Pence and the new administration, before the ceremony.

Business Trump's fired NSA Michael Flynn will refuse to testify in Russian Federation probe
Author: 0 Trump's fired NSA Michael Flynn will refuse to testify in Russian Federation probe

Comey is known to produce memos documenting especially sensitive or unsettling encounters, such as after the February meeting. From left, Sen. Dianne Feinstein, D-Calif., ranking member on the Senate Judiciary Committee, Sen. The paper said the comments came from the White House's official written account of the Oval Office meeting. "The gist of the conversation was that the president feels as if he is hamstrung in his ability to work with Russian Federation to find areas of cooperation ...

Author: 0 Trump Focuses On Impact Of Terrorism During Speech In Saudi Arabia

The Saudi king praised Trump and said he hoped his visit would "strengthen our strategic co-operation", before presenting him with the country's highest civilian award, The King Abdulaziz Medal. Some 35 heads of state and government from Muslim-majority countries were in Riyadh for the Arab Islamic American Summit, mainly from states friendly to Saudi Arabia .

Business Mark Fields Out as Ford CEO
Author: 0 Mark Fields Out as Ford CEO

Hackett said he's excited to work with Ford and the team to "create an even more dynamic and vibrant Ford ", which "improves people's lives around the world and creates value for all of our stakeholders". He's served as the chairman of Ford Smart Mobility , Ford's autonomous driving and new technology subsidiary, since its founding a year ago. "But the fact is, he is (retiring), and I feel we've got a great leader in Jim".

Author: 0 Rod Rosenstein: Jeff Sessions, Donald Trump wanted James Comey gone

It comes after Donald Trump told Russian diplomats firing " nut job " Federal Bureau of Investigation director James Comey relieved "great pressure ", The New York Times reports . "If I were Mr. Mueller, I would jealously guard the witness pool". A special counsel, Robert Mueller , has now been appointed to investigate Russian meddling in the election.

Author: 0 Comey Likely to Testify Trump Tried to Influence Him on Russia Probe

No date has been set as yet for Comey's public appearance before the Senate Intelligence Committee, but it likely will be next month, the committee said. In light of these revelations and Comey's firing, Rosenstein appointed former Federal Bureau of Investigation director Robert Mueller as special counsel to investigate ties between Trump's campaign and Russian Federation.

Business Kinsler taken out as precaution with hamstring tightness
Author: 0 Kinsler taken out as precaution with hamstring tightness

Miguel Cabrera had three hits and an RBI as the Tigers are back at.500. Eugenio Suarez and Devin Mesoraco also homered for Cincinnati, which erased a five-run deficit in the final three innings to snap a seven-game losing streak. Triggs has allowed one earned run or fewer in six of his first eight starts this season, while holding opponents to a.275 on base percentage. His go-ahead hit came with two outs after Tyler Clippard (0-2) walked two and struck out a pair.

Business US Treasury Chief to Brief Key Allies on President's Policies
Author: 0 US Treasury Chief to Brief Key Allies on President's Policies

Italian Economy Minister Pier Carlo Padoan, the G7 host, said Trump's plan to slash taxes on businesses was "ambitious" and he was keen to hear more about it from Mnuchin. "People feel much more comfortable today now that they've had the opportunity to spend time with me and listen to the president and hear our economic message on what the Trump economic agenda is, and that's about creating growth in the US", said Mr.

Business German prosecutors to search Daimler offices in diesel probe
Author: 0 German prosecutors to search Daimler offices in diesel probe

The carmaker said the investigations targeted "known and unknown employees of Daimler AG over suspicion of fraud related to the possible manipulation of exhaust gas emissions in passenger cars with diesel engines". It said the U.S. Justice Department had asked the company to conduct an internal investigation. Volkswagen has agreed to pay almost $25 billion in penalties, fines, legal fees and compensation for consumers.

Business Notable Stock Analysts Ratings AK Steel Holding Corporation (AKS)
Author: 0 Notable Stock Analysts Ratings AK Steel Holding Corporation (AKS)

Finally, Norges Bank bought a new stake in shares of AK Steel Holding during the fourth quarter valued at approximately $30,527,000. On 05/22/2017 close, Citizens Financial Group, Inc. AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation.

Author: 0 U.S. sanctions 8 Venezuelan Supreme Court judges

On Monday Venezuelans launched a seventh week of anti-government demonstrations by blocking roads, vowing not to budge all day in protest at a deadly political and economic crisis. "Venezuela is a mess", Trump said. Speaking in Washington alongside visiting President Juan Manuel Santos of Colombia, Venezuela 's neighbor, Trump called the humanitarian situation "a disgrace to humanity" and promised to help fix it, but he offered no new USA approach.

Business AT&T workers strike for changes to their contract
Author: 0 AT&T workers strike for changes to their contract

The CWA threatened the move could disrupt "a large number of retail stores" across the United States over the weekend. Employees say striking is the best way to get the company's attention and are hopeful they can find a solution. CWA leaders say they're fighting for, among other issues, a "fair wage increase that is enough to cover increased healthcare costs". Marty Richter, a spokesman for AT&T , told Channel Partners that the company offered the workers increases in wages and pensions ...

Business New Home Sales Post Sharpest Drop in 2 Years
Author: 0 New Home Sales Post Sharpest Drop in 2 Years

The median sale price for a new home fell in April from a year earlier to $309,200, indicating builders are shifting attention toward starter-home buyers. Economists were inclined to view the April reading as a one-month blip. Ralph McLaughlin, Trulia chief economist, said while he wasn't anxious about data from one month, builders still have a way to go before residential construction normalizes.

Business Global markets: Sterling retreats after Manchester blast, euro steady, stocks advance
Author: 0 Global markets: Sterling retreats after Manchester blast, euro steady, stocks advance

Sterling temporarily dipped back below the 1.30 level against the US Dollar yesterday after the release of the latest opinion poll suggested that support for the Conservative Party was waning somewhat ahead of next month's election. USA stocks rose on Monday, boosted by technology shares and by defense companies, which gained after the United States and Saudi Arabia signed a multi-billion dollar arms deal.

Author: 0 UK blast: Blood, horror as bomber strikes young crowd

We have rigorous major incident plans in place which are regularly tested and reviewed during exercises with partner agencies such as ambulance, health and fire to ensure we are as prepared as we possibly can be. Manchester Arena said the blast "took place outside the venue in a public space", while police said it was "within the foyer area of the stadium".

Author: 0 Pradhan raises with OPEC issue of Asian premium charged on oil

Oil prices fell on Tuesday after US President Donald Trump proposed the sale of half the country's strategic oil reserves in his budget plan, just as producer club OPEC and its allies are cutting output to tighten the market. "Clearly there is positive momentum in the oil market as it is continuing to price the OPEC deal", said Jens Naervig Pedersen, a senior analyst at Danske Bank A/S in Copenhagen.

Business US says Fiat Chrysler used software to beat emissions tests
Author: 0 US says Fiat Chrysler used software to beat emissions tests

The Italian automaker said it was "disappointed" in the lawsuit and "intends to defend itself vigorously, particularly against any claims that the Company engaged in any deliberate scheme to install defeat devices to cheat U.S. The company plans to update software that it expects will resolve the concerns of US regulators about excess emissions in those vehicles. Reuters reported on May 17 that the Justice Department was preparing to file a civil lawsuit against the automaker.

Business Unity, consensus is solution against terrorism: Iranian President
Author: 0 Unity, consensus is solution against terrorism: Iranian President

He said Friday's election in Iran that saw Rouhani convincingly defeat hardline challenger Ebrahim Raisi had been a message to the world that Tehran was ready for engagement, reported AFP. president said. In a jibe at the billion-dollar deals signed between Trump and the Saudi government, Rouhani said: "You can't solve terrorism just by giving your people's money to a superpower".

Author: 0 The Queen condemns the Manchester attack as an 'act of barbarity'

Similarly, Manchester police confirmed the arrest of a 23-year-old man in the southern Chorlton on Tuesday morning. Grande's role as Cat Valentine on Nickelodeon's high school sitcom "Victorious" propelled her to teen idol status, starting in 2010.

Author: 0 Cuts Polymetal International PLC (POLY) Price Target to GBX 956

Shawbrook Group PLC (LON:SHAW) has risen 6.00% since April 19, 2017 and is uptrending. Vodafone Group Plc (VOD) belongs to the " sector with an industry focus on ", with Mr. The firm has "Buy" rating by Goldman Sachs given on Tuesday, January 10. As per Thursday, January 21, the company rating was maintained by BNP Paribas.

Author: 0 Oil prices fall on White House proposal to sell U.S. oil reserves

Saudi's Falih said on Monday he expected the new deal to be similar to the old one, "with minor changes". The agenda of the meeting, to be attended by both OPEC and non-OPEC producers, is to extend output cuts in view of the recent rise in USA shale inventories.

Author: 0 John McCain 'Almost Speechless' About President Trump's Comey Comments

The investigation over Trump and Russian Federation grew more intense after the president fired FBI director Comey , which led to a special counsel being assigned to investigate the White House. "As the president's principal intelligence adviser, I'm fortunate to be able and need to spend a significant amount of time with the president discussing national security interests and intelligence", said Coats.

Business Trump visits Bethlehem: meets Palestinian delegation
Author: 0 Trump visits Bethlehem: meets Palestinian delegation

The emerging approach by the Trump administration marks a sharp break with the policy of Barack Obama, who had sought to engage with Iran. Trump's brief remarks concluded with a powerful statement about how the United States views Israel: "We love Israel, we respect Israel...the people of the United States of America are with you".

Author: 0 Rio Tinto plc 30.1% Potential Upside Indicated by JP Morgan Cazenove

Imax Corp now has $1.80 billion valuation. The firm has "Outperform" rating by Macquarie Research given on Wednesday, September 14. Ford Motor Company (NYSE:F) abruptly named James Hackett as chief executive on Monday, responding to investors' growing unease about the US automaker's slumping stock price and its ability to counter threats from longtime rivals and Silicon Valley.

Author: 0 Trump holds talks with Gulf leaders

American President Donald Trump's choice of Saudi Arabia as the first country to visit - early in his tenure - is understandable. "Drive them out! Drive them out of your places of worship". While declaring terrorism to be a "battle between good and evil", he said that it should be fought by "decent people" of all religions. The speech itself was written by senior policy adviser Stephen Miller , who authored the administration's so-called travel ban targeting citizens of several ...

Author: 0 O&G stocks buoyant after Saudi, Russia agree to extend output cuts

Energy Information Administration indicate that maintaining the curbs into the first quarter of 2018 would bring stockpiles back in line with the five-year average - OPEC's stated goal. The deal "has been working and I know it will work even better for the second half", he said, before traveling to the Austrian capital. Iraq is Opec's largest producer after Saudi Arabia .