Business

Business BMW Group to produce all-electric MINI
Author: 0 BMW Group to produce all-electric MINI

Issue of units of new items will adjust in the centre "electric mobility" BMW in Bavaria, which will then be send to the factory Mini in Oxford for installation on vehicles. The flexible system is claimed to enable its production facilities to build models with combustion engines, plug-in hybrids or fully electric drivetrains at the same time.

Business Cancer drug setback knocks 15% off AstraZeneca shares
Author: 0 Cancer drug setback knocks 15% off AstraZeneca shares

He said the company was "delighted" with the strong results from another trial, for another lung cancer drug, Tagrisso , "which goes from strength to strength". In early trading on the stock market today , shares plunged 15.7% to 28.60. Bristol-Myers Squibb famously learned that lesson the hard way, pushing to test its flagship checkpoint inhibitor Opdivo (nivolumab) in lung cancer patients with 1% or greater PD-L1 expression.

Business Yes Bank net jumps 32%; board okays 1:5 stock split
Author: 0 Yes Bank net jumps 32%; board okays 1:5 stock split

In September 2014, the mobile wallets company had raised a Series B round of $33 million and an $80 million Series C round in February 2015, before it got acquired by Snapdeal in April 2015 for an estimated $400 million. Shares of Axis Bank today fell by almost 3 per cent after the company reported 16 per cent decline in net profit for the first quarter ended June 30.

Business Equities pare gains on F&O expiry, Nifty50 over 10100-mark intra-day
Author: 0 Equities pare gains on F&O expiry, Nifty50 over 10100-mark intra-day

Political and macro-economic stability are two important ingredients for any investor and on both these counts, India is doing exceedingly well. Despite witnessing another record-breaking session - with the NSE Nifty50 breaching the 10,100-mark and the BSE Sensex extending an nearly 300-point rally, the Indian equity markets were on Thursday dragged lower from peak levels to close on a muted note on the day of derivatives expiry.

Business Stocks open higher on Samsung Electronics' strong earnings
Author: 0 Stocks open higher on Samsung Electronics' strong earnings

Intel , due to report its earnings later Thursday, is expected to book $14.4 billion in quarterly revenue. The firm said huge sales of its new Galaxy S8 smartphone and demand for its memory chips were behind the jump in April-June and predicted another blockbuster report for the current quarter to September.

Business Amazon Expanding Into Southeast Asia
Author: 0 Amazon Expanding Into Southeast Asia

Orders less than S$40 will cost S$5.99 to deliver, which will be completed within two hours. Amazon's Asia-Pacific director of Prime Now, Aarif Nakhooda, said the launch here marked the first time the service was introduced without an existing retail presence or fulfilment network.

Business Man shot by police in Sydney CBD confrontation
Author: 0 Man shot by police in Sydney CBD confrontation

Danukul Mokmool threatened florist Manuel Theoharas with a broken bottle before grabbing a pair of scissors and threatening police about 6:45pm on Wednesday. Police are appealing for witnesses to come forward to Crime Stoppers on 1800 333 000. On Thursday morning, Theoharas returned to his shop outside Eddy Avenue, where he has worked for 46 years.

Business Coca-Cola European Partners PLC
Author: 0 Coca-Cola European Partners PLC

M&R Cap Management Inc invested 0.38% of its portfolio in The Coca-Cola Co (NYSE:KO). Creative Planning now owns 1,737 shares of the company's stock valued at $358,000 after buying an additional 1,004 shares during the period. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of United States and worldwide trademark & copyright legislation.

Business Blue Apron co-founder steps aside amid post-IPO jitters
Author: 0 Blue Apron co-founder steps aside amid post-IPO jitters

Additionally, analyst Youssef Squali of Sun Trust rates Blue Apron a Buy with a $12 price target; Jason Helfstein of Oppenheimer rates an Outperform with a $11 price target; while Heath Terry of Goldman Sachs rates a Buy on the stock with an $11 price target.

Business Chipotle Mexican Grill, Inc. (CMG) Receives $457.26 Average PT from Analysts
Author: 0 Chipotle Mexican Grill, Inc. (CMG) Receives $457.26 Average PT from Analysts

It has underperformed by 9.08% the S&P500. Irving Magee Investment Management increased Netgear Inc (NTGR) stake by 13.4% reported in 2016Q4 SEC filing. Generation Mgmt Limited Liability Partnership holds 567,269 shares. (NYSE:ECL). Chemical Bank has 0.05% invested in Ecolab Inc. Since the start of the calendar year, shares have performed -3.82%.

Business FCA register under threat in senior managers consultation
Author: 0 FCA register under threat in senior managers consultation

These firms will be in a category called " Limited Scope Firms ", and will typically have fewer senior management functions than firms in the core regime. "Firms with headquarters outside of the United Kingdom or with significant management involvement from group level face some of the biggest challenges, as they work to ensure that their governance structures fit the new regime".

Business 7 rescued, 1 dead as Building collapses on Lagos Island
Author: 0 7 rescued, 1 dead as Building collapses on Lagos Island

It was also gathered that the structure was initially a three-storey building before another storey was added to increase the level of the structure. As at press time, rescue operations were still on. Tiamiyu said the community believed that the building was not strong enough to carry the generator as the building was vibrating whenever the generating set was on.

Business West Ham United complete former Manchester United striker Javier Hernandez's transfer
Author: 0 West Ham United complete former Manchester United striker Javier Hernandez's transfer

United have made quite a mark in the current summer transfer window by acquiring the services of experienced players such as Joe Hart , Pablo Zabaleta , Marko Arnautovic and Javier Hernandez . Chicharito scored 59 goals and won two Premier League trophies with the Red Devils. The Ivorian centre-back already sat out the 2-0 final win over Ajax and will now also miss the Uefa Super Cup clash with Real Madrid in Skopje in addition to United's Champions League group stage opener ...

Business US Crude Oil Production Forecast Expected to Reach Record High in 2018
Author: 0 US Crude Oil Production Forecast Expected to Reach Record High in 2018

So we see that OPEC and non-OPEC cuts do matter. Trade estimates were for about a 3M barrel draw. Earlier, Halliburton's executive chairman said growth in North America's rig count was "showing signs of plateauing". Today we will await the EIA to see if this surge in USA oil demand continues. Non-OPEC oil producers such as Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan, and South Sudan agreed to reduce the output by 558,000 barrels per day.

Business Ford earnings beat Wall Street expectations
Author: 0 Ford earnings beat Wall Street expectations

More revenue and better margins would be a more impressive booster, but a tax-rate break is better than nothing. Analysts are concerned about the high discounts vehicle makers are using to sell their vehicles and high supplies of unsold vehicles.

Business House panel to hold hearing on Net Neutrality
Author: 0 House panel to hold hearing on Net Neutrality

The official topic is "Ground Rules for the Internet Ecosystem", and the hearing will be held on Thursday, September 7 at 10 a.m. For years, tech companies and Internet providers have been at each other's throats on Internet policy - especially net neutrality.

Business Oil tankers owners agree to call off strike after talks with government
Author: 0 Oil tankers owners agree to call off strike after talks with government

The meeting was presided over by Secretary Petroleum and was attended by Chairperson OGRA and representatives of Oil Tankers and OMCs. During the court proceeding, the regulatory body apprised the court that only 1,500 oil tankers were up to the mark while rest of 9,500 tankers did not meet the quality standards.

Business San Diego Home Prices Continue To Rise
Author: 0 San Diego Home Prices Continue To Rise

Just how much home can you afford in Portland if you've got $390,000 to spend? Seattle, Portland and Denver saw the largest year-over-year gains in May. "New home construction, higher than during the recession but still low, is another factor in rising prices". In May, the value for San Diego was 239.84, representing well over a doubling of home prices in roughly 18 years.

Business Man charged over Central Coast road rage assault
Author: 0 Man charged over Central Coast road rage assault

Without warning he strikes the woman in the face, snapping her head backwards with the pure force of the blow. The vision was posted to social media by a witness, Dwayne Pillidge. She's admitted to throwing a packet of nails and a chisel at the man's ute, saying she feared for the safety of her friend and a young child they were travelling with.

Business Independence Realty Trust Inc Institutional Investor Sentiment Improved in 2016 Q4
Author: 0 Independence Realty Trust Inc Institutional Investor Sentiment Improved in 2016 Q4

About 361,186 shares traded. Piedmont Office Realty Trust, Inc. It has outperformed by 3.99% the S&P500. Venbio Select Advisor Llc increased Aerie Pharmaceuticals Inc (AERI) stake by 22% reported in 2016Q4 SEC filing. In related news, Director Stephen E. Westhead sold 1,600 shares of the company's stock in a transaction on Thursday, May 4th. 68 funds opened positions while 189 raised stakes.

Business The Coca-Cola Company Earnings & Price Target Update
Author: 0 The Coca-Cola Company Earnings & Price Target Update

Yorktown Management & Research Co Inc purchased a new stake in Coca-Cola European Partners PLC during the first quarter worth about $211,000. Institutional investors and hedge funds own 31.53% of the company's stock. The ex-dividend date of this dividend is Thursday, September 14th. 1 is equivalent to a buy rating , 3 a hold rating , and 5 a sell rating . Coca-Cola Company (The)'s dividend payout ratio is presently 103.50%.

Business ITV H1 ad revenue down 8%
Author: 0 ITV H1 ad revenue down 8%

Meanwhile, revenues from ITV Studios jumped from £651m to £697m, a rise of 7%, with Bazalgette saying the division had a "very strong pipeline of new and returning drama and formats" and was "building momentum" in the United States scripted sector.

Business Forever: Drake's Adds To Tattoo Collection With Lil Wayne Ink
Author: 0 Forever: Drake's Adds To Tattoo Collection With Lil Wayne Ink

On closer inspection, it's actually a tattoo of the Cash Money rapper, Lil Wayne . He has ink of Aaliyah's face, two of Sade , and family members including his parents, his uncle and his grandmother. Lil Wayne signed Drake to Young Money in 2009, which helped propel the latter's rap career and became the start of the duo's friendship and work relationship.

Business Kohli says India ready to negate Herath threat at Galle
Author: 0 Kohli says India ready to negate Herath threat at Galle

As India's regular opener Murali Vijay was ruled out and KL Rahul suffers a shoulder injury, team India will force to g in with Shikhar Dhawan and Abhinav Mukund as openers in the first Test . Leading the side in the absence of Dinesh Chandimal , the 40-year-old will also spearhead the spin department. Rahul had to stay back in Colombo for observation because of high fever even though the rest of the squad travelled South on Sunday.

Business Construction and manufacturing slumps weighs on UK GDP
Author: 0 Construction and manufacturing slumps weighs on UK GDP

The U.K. economy grew by 0.3 percent in the three months to June compared to the previous quarter, which was in line with expectations. However, this provided the only significant support to overall GDP growth. Mr Tombs suggested the United Kingdom economy would not regain momentum as price increases would continue to outstrip wage inflation. Many economists fear that Britain's economic fundamentals are deteriorating, as Brexit uncertainty hits business investment and the weak pound ...

Business RBI likely to release Rs 200 note next month
Author: 0 RBI likely to release Rs 200 note next month

Most probably, from next month onwards, Rs 200 notes would be introduced, and preparations are on full swing. According to a report in the Mint , the Reserve Bank of India has already started printing of Rs 200 denominations at its printing press in Mysuru, and almost 100 billion Rs 200 notes are likely to be circulated in the market.

Business Emraan Hashmi and Sunny Leone turn up the heat — NEW SONG ALERT
Author: 0 Emraan Hashmi and Sunny Leone turn up the heat — NEW SONG ALERT

The song is exotically shot and the sensual quotient is super high with Sunny and Emraan seen grooving to the song Piya More Haule Haule. The song was composed by Ankit Tewari. Omung Kumar feels confident about Sunny Leone being able to pull off the song. The hangover of the song is still on, and here comes great news! Sunny is looking extremely hot and sexy in a desi avatar.

Business Axiom Securities Reaffirms Sell Rating for United States Steel Corporation (X)
Author: 0 Axiom Securities Reaffirms Sell Rating for United States Steel Corporation (X)

While in the same Quarter Previous year, the Actual EPS was $0.08. United States Steel Corporation (NYSE:X) has risen 45.54% since July 25, 2016 and is uptrending. Making sure company earnings are in line may also be a wise choice when investing in a recently researched stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website .

Business Yellen, Cohn Are Both Contenders to Lead Fed: Trump to WSJ
Author: 0 Yellen, Cohn Are Both Contenders to Lead Fed: Trump to WSJ

In a hearing before the House Financial Services Committee earlier this month, the current Fed chair skillfully dodged questions about her future at the central bank. The central bank also announced plans to start gradually paring its bond holdings later this year, a move that could cause rates to rise. But because we also anticipate that the factors that are now holding down the neutral rate will diminish somewhat over time, additional gradual rate hikes are likely to be appropriate over ...

Business New Girl Scout Badges Promote STEM and Outdoor Programs
Author: 0 New Girl Scout Badges Promote STEM and Outdoor Programs

The Girl Scouts announced Tuesday they are adding 23 new badges in STEM and the outdoors to help educate young women in trades and hobbies like robotics and programing as young as kindergarten-age. wants to get more girls interested in STEM and environmental conservation from a young age", Farber wrote. Previously, Girl Scouts were able to earn tech-related badges such as for learning how to use a computer and designing a website.

Business Govt unveiling plans to STOP sales of petrol and diesel cars TODAY
Author: 0 Govt unveiling plans to STOP sales of petrol and diesel cars TODAY

Environment secretary Michael Gove is expected to reveal details of a targeted diesel scrappage scheme before July 31. This announcement follows Volvo's announcement that "all the models it introduces starting in 2019 will be either hybrids or powered exclusively by batteries", as reported by the New York Times .

Business Dom Dwyer dealt to Orlando City FC from Kansas City
Author: 0 Dom Dwyer dealt to Orlando City FC from Kansas City

Now, the question likely becomes what will happen to Canadian forward Cyle Larin , who gets shuffled down the depth chart with the addition of Dwyer. Each MLS club receives an annual allotment of general allocation money, which they can trade to other teams or apply to players who are signing new contracts.

Business Six Governors Jet Off To See Buhari In London
Author: 0 Six Governors Jet Off To See Buhari In London

With elections due within two years, Donnelly says potential presidential candidates have been looking ahead and plotting a potential 2019 campaign should Buhari be unable to run. "The style of our president is what you have seen on display and by now two years after he came, I am sure that we should understand him". "So he is doing quite well and we are very pleased to see him and I think that has gone a long way to reassure Nigerians about the health of their president".

Business AT&T shares up almost 3 percent after earnings beat
Author: 0 AT&T shares up almost 3 percent after earnings beat

Analysts surveyed by Thomson Reuters had projected 73 cents a share in adjusted profit and $39.79 billion in revenue. Analysts polled by FactSet expect AT&T to post 1.056 million net customer additions. "Once again our team delivered expanded consolidated margins and, as a result, grew adjusted earnings per share by almost 10 percent as we executed well against our business priorities", said Randall Stephenson, AT&T's chairman and CEO.

Business Malaysia's Petronas scraps $29 bln western Canada LNG project
Author: 0 Malaysia's Petronas scraps $29 bln western Canada LNG project

Environmentalist opposed the project citing its impact on a lovely and sensitive area off of Canada's west coast. "We are disappointed that the extremely challenging environment brought about by the prolonged depressed prices and shifts in the energy industry have led us to this decision", said Petronas' executive vice president and chief executive officer (upstream), Anuar Taib.

Business Advanced Micro Devices, Inc. (NASDAQ:AMD) Earns
Author: 0 Advanced Micro Devices, Inc. (NASDAQ:AMD) Earns "Hold" Rating from Summit Redstone

Media headlines about Advanced Micro Devices (NASDAQ: AMD ) have been trending somewhat positive recently, Accern Sentiment Analysis reports. It has outperformed by 185.95% the S&P500. Tahoe Res Inc (NYSE:TAHO) was raised too. When you invest in a stock, you could lose all of your money - in some cases, more than you invested. AMD was included in 12 notes of analysts from August 25, 2016.

Business Chipotle Mexican Grill, Inc. (NYSE:CMG) Price Target Cut to $375.00
Author: 0 Chipotle Mexican Grill, Inc. (NYSE:CMG) Price Target Cut to $375.00

BlackRock Inc. raised its position in Chipotle Mexican Grill by 3,309.6% in the first quarter. 404.39 million shares or 0.88% more from 400.85 million shares in 2016Q3 were reported. The rating was initiated by SunTrust with "Buy" on Thursday, October 8. 7/25/2017-Sanford C. Bernstein Reiterated Rating of Outperform. This article is informational purposes only and should not be considered a recommendation to buy or sell First Midwest Bancorp, Inc .

Business Trump claims Apple will build three 'big big big' plants in US
Author: 0 Trump claims Apple will build three 'big big big' plants in US

The WSJ said that a small proportion of Apple's products are made in the United States on contract. Trump didn't say what the plants would be used for or where they would be located. Foxconn is the only one of the three that has said it will do so, but it is expected to be a display manufacturing plant, not an assembly plant. Trump revealed to The Wall Street Journal that Cook has committed to the plan, although the president would not reveal specific details.

Business Casemiro would welcome Neymar making shock move from Barcelona to Real Madrid
Author: 0 Casemiro would welcome Neymar making shock move from Barcelona to Real Madrid

The scheduling has fired the imagination of football fans, with PSG reportedly willing to activate Neymar's £196 million release clause, per Pringle. "We understand it's how it is", Valverde said. We are not in England with almost €3billion (£2.6bn) in revenue for TV rights... Neymar will flourish wherever he decides to play next season, according to former AC Milan and Real Madrid playmaker Kaka.

Business Volkswagen exec Oliver Schmidt to plead guilty in emissions scandal, court says
Author: 0 Volkswagen exec Oliver Schmidt to plead guilty in emissions scandal, court says

Schmidt's lawyer, David DuMouchel, declined comment when asked about his client's decision. Schmidt is facing 11 separate felony counts, including conspiracy to defraud the United States, with a maximum sentence of 169 years in prison. Earlier in July, the Justice Department charged former Audi manager Giovanni Pamio with directing employees to design software enabling thousands of Audi diesel cars to beat US emissions tests.

Business McDonald's Stock Is Rising on Savory Second Quarter
Author: 0 McDonald's Stock Is Rising on Savory Second Quarter

McDonald's said customer visits increased at existing domestic locations, though there were about 100 fewer USA locations than a year ago. McDonald's has been grappling with sometimes weak store traffic so it's taken steps such as tapping Uber for some delivery services and letting customers order ahead of time with mobile apps.

Author: 0 What Do Analysts Say About Cyclacel Pharmaceuticals, Inc. (CYCC)

It's now trading about -83.67% below its 52-week high. The target implies a 10.9% spike from where the shares are now trading. Accern also assigned news headlines about the biotechnology company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

Author: 0 Wild fire threatens homes on France's Corsica

Around 160 people were battling the blaze aided by more than a dozen fire engines. "The fire is very fierce and heading to urban areas of Biguglia", lieutenant-colonel Michel Bernier, of Corsica's civil defence forces, told AFP. There were also forest fires in the city of Carros near Nice and in Saint-Tropez, authorities said. Authorities believe that several of the fires, including the one at Carros - which destroyed a three vehicles and a warehouse, and prompted the evacuation of a ...