Business

Business NTPC OFS for retail investors open today
Author: 0 NTPC OFS for retail investors open today

On the second day of the bidding for OFS today, 30 August 2017, as at 14:35 IST , bids were received for 4.32 crore shares from the retail investors, representing a subscription of 37.30%. The company is the most preferred power company and rationalisation of movement of coal to reduce electricity costs, and rationalisation of coal grades based on gross calorific value for correct tariff fixation would give further lead to transformational changes in power sector, it reasoned.

Business U.S. dollar declines after Yellen speech
Author: 0 U.S. dollar declines after Yellen speech

In his speech at a symposium of central bankers at Jackson Hole, Draghi held back from talking down the currency, sending the euro to a 2-1/2-year high against the dollar. U.S. stocks rose on Friday (Aug 25), with petroleum-linked shares lifted by energy outages related to Hurricane Harvey as Federal Reserve Chair Janet Yellen steered clear of monetary policy during her much anticipated address.

Business Flash Floods Hit Beaumont and Port Arthur, Texas, as Harvey Makes Landfall
Author: 0 Flash Floods Hit Beaumont and Port Arthur, Texas, as Harvey Makes Landfall

The city has organized dump trucks to drive through neighborhoods, instructing anyone who needs help to be on the lookout for them - and to use a white sheet or towel to signal a need for rescue. Officials announced early Wednesday morning that they would be evacuating that shelter and moving everyone somewhere else. The storm returned to land about 5 miles (8 kilometers) west of Cameron with maximum sustained winds of 45 mph (72 kph).

Business Domino's Partners Ford to Test Driverless Delivery Vehicles
Author: 0 Domino's Partners Ford to Test Driverless Delivery Vehicles

BidaskClub lowered shares of Domino's Pizza from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, June 13th. In a statement issued on 08/30/2017 Liberum Capital hold steady the target price of Domino's Pizza Group PLC (LON:DOM) from 250.00GBX to 250.00GBX indicating a possible downside of -0.07%.

Business Legal challenge won't delay state aid for Air Berlin: ministry
Author: 0 Legal challenge won't delay state aid for Air Berlin: ministry

Potential buyers of Air Berlin have until 15 September to submit their offers, the carrier has confirmed. Ryanair chief executive Michael O' Leary on Wednesday said his airline would not make a bid for insolvent Air Berlin, slamming what he called a German "stitch-up" created to benefit Lufthansa.

Business Hurricane Harvey Pushing Chemical Plant to Brink of Explosion
Author: 0 Hurricane Harvey Pushing Chemical Plant to Brink of Explosion

Plant officials shut the facility down on Friday ahead of Hurricane Harvey making landfall, with just 11 emergency workers left behind to monitor the situation, KTRK-TV said. Rowe described this evacuation radius as "conservative", and said he expects that the effects of a fire or explosion would be contained on the site's facilities.

Business Angry commuter throws cup of urine at bus driver
Author: 0 Angry commuter throws cup of urine at bus driver

They've never done shit for me". Brown responded, according to Metro, by saying, "Are you talking to me?" "To say weird is really an understatement". On the day of the incident, the woman said she was running late for an appointment when she got on the X2 bus. The woman said she was angry at the Metro System and the driver was being rude.

Business Gas Prices Up In Missouri
Author: 0 Gas Prices Up In Missouri

Hurricane Harvey is expected to continue to affect the region through the middle of the week, with an additional 15-25 inches of rain expected over the middle and upper Texas coast through Friday, reported AAA Newsroom . "With this whole tip in the balance in which the U.S.is in a deficit of gas production, and the price of gas is soaring - that's drawing the eye of gas refineries around the globe".

Business Historic FDA Approval Makes First Gene Therapy Available in US
Author: 0 Historic FDA Approval Makes First Gene Therapy Available in US

The CAR-T cell treatment developed by Novartis and the University of Pennsylvania is the first type of gene therapy to hit the United States market - and one in a powerful but expensive wave of custom-made "living drugs" being tested against blood cancers and some other tumours.

Business US Coast Guard rescues Houston residents from the air
Author: 0 US Coast Guard rescues Houston residents from the air

The National Hurricane Center says heavy rain from Harvey is expected to worsen flooding in Southeast Texas and southwestern Louisiana. The storm's winds decreased, but it stalled over the state, causing massive flooding in Houston and surrounding areas.

Author: 0 Stifel Nicolaus Downgrades Rating On Vornado Realty Trust (VNO)

The stock declined 0.16% or $0.19 reaching $117.19 per share. About 376,225 shares traded or 339.85% up from the average. Robert Half International Inc. The stock of Euronet Worldwide, Inc. The firm has "Hold" rating given on Monday, January 25 by Evercore. Taking a look at the performance of DLR, it is found that the weekly performance for this stock is valued at -0.22% and the performance for the month at 1.76%.

Author: 0 Trending Stock Analysis: Comcast Corporation (CMCSA)

Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt Corporation invested in 0.1% or 157,300 shares. Finally, from a technical perspective, there's a strong possibility that the stock could enter into a new bull market after finding strong support between $39.88 and $40.02.

Business Abbrea Capital LLC Raises Stake in Comcast Corporation (CMCSA)
Author: 0 Abbrea Capital LLC Raises Stake in Comcast Corporation (CMCSA)

Shares have risen 6.84% over the trailing 6 months. (NYSE:LVLT) has risen 15.09% since August 29, 2016 and is uptrending. It has outperformed by 7.70% the S&P500. The firm earned "Buy" rating on Wednesday, June 28 by Bank of America. At the time of writing, the First Call consensus price target for the company is $46.21.

Business Magellan Midstream Partners LP (MMP) Stake Held by FFT Wealth Management LLC
Author: 0 Magellan Midstream Partners LP (MMP) Stake Held by FFT Wealth Management LLC

First Trust Advisors LP increased its position in shares of Magellan Midstream Partners L.P.by 62.2% in the first quarter. The days to cover increased to 3.0 and the percentage of shorted shares is 0.01% as of August 15. It worsened, as 51 investors sold PRXL shares while 100 reduced holdings. 41 funds opened positions while 127 raised stakes. The United Kingdom-based Barclays Pcl has invested 0.06% in Magellan Midstream Partners, L.P.

Business Second-Quarter GDP Growth Hits 3% Pace
Author: 0 Second-Quarter GDP Growth Hits 3% Pace

The U.S. economy grew at an annualized rate of 3 percent in the second quarter, up from the first estimate of 2.6 percent, according to the Department of Commerce. USA growth figures are published at an annualised rate - showing how the economy would have performed if the improvement over one quarter were extended over a year.

Business Hidden Code Suggests Possible VR Support for the Nintendo Switch
Author: 0 Hidden Code Suggests Possible VR Support for the Nintendo Switch

Nintendo also expects that there will be some households with more than one Switch console. It turns out that it was what they first thought about so as to take advantage of the Joy-Con on the console, adding that the "anytime, anywhere, with anyone element of the Nintendo Switch is very much present" in the game.

Business Best Buy Apologizes Over $42 Case Of Water Amid Harvey
Author: 0 Best Buy Apologizes Over $42 Case Of Water Amid Harvey

Best Buy sells individual water bottles at checkout counters. 'As a company we are focused on helping, not hurting affected people, ' the Best Buy statement to Business Insider insisted. Best Buy doesn't normally sell water, and that the employees at this specific store were pricing the packs based on single bottle prices. "These are things you can't do in Texas", Paxton said.

Business Trump declares emergency in Louisiana amid Harvey recovery
Author: 0 Trump declares emergency in Louisiana amid Harvey recovery

MORE: More than 13K people rescued, but death toll from Hurricane Harvey rises to 18Another 5 to 10 inches (13 to 25 centimeters) of rain could fall in western Louisiana , forecasters said. John Bel Edwards said. New Orleans is under a flash-flood watch and could see localized flooding, with 4 to 8 inches of rain predicted through Thursday.

Business Governor activates entire Texas National Guard
Author: 0 Governor activates entire Texas National Guard

Flood damage in Texas from Hurricane Harvey may equal that from 2005's Hurricane Katrina, the costliest natural disaster in USA history, said an insurance research group on Sunday. Once they get the call, Hapgood said the unit can be there and operating within 24 hours. The New York Air National Guard has provided one Lockheed C-130 Hercules military transport aircraft, two Boeing C-17s military transport aircraft and three helicopters.

Business Tesla Isn't the Only One Working on an All-Electric Semi-Truck
Author: 0 Tesla Isn't the Only One Working on an All-Electric Semi-Truck

With a 100-mile range, the Cummins electric power train is being targeted at urban delivery vehicles, although it can be recharged in about an hour at a charging station. "These new technological innovations build on our 100-year legacy of bringing the best solutions to our customers, driving their success and meeting the evolving demands of their industries and markets", said Jennifer Rumsey, chief technical officer at Cummins , in a statement on Tuesday.

Business Bank of Nova Scotia reports 3Q profit
Author: 0 Bank of Nova Scotia reports 3Q profit

The stock of Bank of Montreal (USA) (NYSE: BMO ) earned "Equal-Weight" rating by Barclays Capital on Tuesday, May 23. RBC Capital Markets maintained the shares of BMO in report on Thursday, May 25 with "Sector Perform" rating. The stock was purchased at an average cost of C$93.82 per share, with a total value of C$187,640.00. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

Business CeX data breach hits two million accounts
Author: 0 CeX data breach hits two million accounts

Since then the company has branched out into general consumer electronics and entertainment products and boasts 350 United Kingdom highstreet stores, 100 global stores, and websites offering post-free trade-ins and online fulfilment. It has urged customers to change their password, especially if they reused their Cex password on other websites. For more, check out CEX's advice on the hack.

Business Gasoline jumps 4 pct, oil mixed as storm hits more refineries
Author: 0 Gasoline jumps 4 pct, oil mixed as storm hits more refineries

In addition to shutting oil refineries, about 1.4 million bpd of US crude production has been disrupted, equivalent to 15 percent of total output, Goldman Sachs said. Also by prudence, 112 of 737 production platforms oil were discharged into the Gulf of Mexico, or 14.3 % of facilities in the region, according to the Office for regulation of the safety and environment (BSEE).

Author: 0 Louis Trust Co Continues to Hold Position in Cisco Systems, Inc. (CSCO)

It has underperformed by 10.01% the S&P500. Blb&B Advisors Llc increased Cisco Sys Inc ( CSCO ) stake by 9.16% reported in 2016Q4 SEC filing. Kidder Stephen W sold 18,612 shares as Cisco Sys Inc (CSCO)'s stock declined 7.50%. Another trade for 92,840 shares valued at $2.94M was sold by Jacoby Rebecca . Foster & Motley holds 1.41% or 243,762 shares in its portfolio. Insiders have sold 350,642 shares of company stock worth $10,973,081 in the last quarter.

Business Hurricane Harvey economic impact seen as limited
Author: 0 Hurricane Harvey economic impact seen as limited

The rains in Cedar Bayou, near Mont Belvieu, Texas, totaled 51.88 inches (1.32 meters) as of Tuesday afternoon. The child survived and was found clinging to her mother's floating body by rescuers. Houston can expect two to four more inches of rain as the storm moves away, but flooding will likely linger through the week. The National Hurricane Center said the storm is expected to make a slow turn northeast and could dump another 10 to 20 inches of rain over the next two days.

Business Bank of Nova Scotia misses Street 3Q forecasts
Author: 0 Bank of Nova Scotia misses Street 3Q forecasts

About 148,308 shares traded or 78.56% up from the average. The stock of Bank of Nova Scotia (NYSE:BNS) earned "Outperform" rating by RBC Capital Markets on Wednesday, August 31. Marathon Capital Management owns 15,000 shares or 0.04% of their USA portfolio. As a result, the bank increased its quarterly dividend by 7% percent to C$0.79.

Business Western Digital Corporation's (WDC) Outperform Rating Reiterated at Cowen and Company
Author: 0 Western Digital Corporation's (WDC) Outperform Rating Reiterated at Cowen and Company

Western Digital Corporation's trailing 12- months EPS is 1.28. Advisory Services Network LLC purchased a new position in shares of Western Digital Corporation during the first quarter worth approximately $704,000. Mizuho maintained the shares of WDC in report on Thursday, September 8 with "Buy" rating. At the time of writing, Western Digital Corporation (NasdaqGS: WDC ) has a Piotroski F-Score of 6.

Business Oil prices pulled by Harvey, North Korea
Author: 0 Oil prices pulled by Harvey, North Korea

Crude oil prices continued to lose ground because of the fallout from Tropical Storm Harvey, though prices may be supported by tensions over North Korea . Disruptions in output were also reported in Colombia and Libya. Harvey, which has been downgraded to a tropical storm, hit the coast of Texas on Friday as the most powerful hurricane to hit the US state in more than 50 years, causing widespread damage and flooding.

Author: 0 'Game of Thrones' actors thought fans may gag at their sex scene

When Jon and Dany arrive at Winterfell, Bran will likely tell them about Jon's lineage, and all kinds of issues will arise. Now we can not confirm that piece of information but according to The Hollywood Reporter , there may be a 16-month gap between the last season and the next.

Business Digging Up the Facts on Plains All American Pipeline, LP (PAA)
Author: 0 Digging Up the Facts on Plains All American Pipeline, LP (PAA)

Plains All American Pipeline, L.P. Several other brokerages have also issued reports on PAA . Deutsche State Bank Ag reported 0.1% of its portfolio in Plains All American Pipeline, L.P. COPYRIGHT VIOLATION NOTICE: This news story was published by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & worldwide copyright & trademark laws.

Author: 0 Donald Trump in Texas: Hurricane Harvey a Storm of 'Epic Proportion'

We went through Hurricane Andrew, which was a Category 5 hurricane. MR JEFF LINDER, a meteorologist with Harris County's flood control district. Engineers have been periodically releasing water from both reservoirs, but the amount of water entering exceeds the amount being released, sending floodwaters over spillways.

Business 1.4m Haj pilgrims arrive in Saudi Arabia so far
Author: 0 1.4m Haj pilgrims arrive in Saudi Arabia so far

For almost 100 years, the country's ruling Al Saud family has decided who gets in and out of Mecca, setting quotas for pilgrims from various countries, facilitating visas through Saudi embassies overseas, and providing accommodation for hundreds of thousands of people in and around Mecca.

Author: 0 Range Resources Corporation (RRC) Market Cap To Touch $7.61B

It has underperformed by 31.85% the S&P500. Jacobus Wealth Management Inc decreased its stake in Bp Plc Sadr (BP) by 25.65% based on its latest 2016Q4 regulatory filing with the SEC. (NYSE:RRC) for 236,974 shares. First LP reported 0.03% of its portfolio in Range Resources Corp. Guardian Life Of America invested in 0% or 719 shares.

Business Texas storm Harvey breaks historic rainfall record
Author: 0 Texas storm Harvey breaks historic rainfall record

Volunteers and First Responders help flood victims evacuate to shelters in Houston , Aug. 28, 2017. "But we know thousands of people have lost everything and now face the daunting challenge of putting their lives and communities back together, and we're using our unique resources and reach to help those in need".

Business How Analysts Rated Redrow plc (LON:RDW) Last Week?
Author: 0 How Analysts Rated Redrow plc (LON:RDW) Last Week?

The financial firm have set PT of GBX 460.00 on BAE Systems Plc (LON:BA) shares. The Company caters to various types of customer, including Trade, which consists of revenue from retailer customers and revenue from other products and services provided to retailers and home traders to support their online activities; Consumer services, which comprises revenue from individuals for vehicle advertisements on the Company's Websites, and also includes revenue derived from third-party services ...

Business United Kingdom house price growth eases to 3-month low in August
Author: 0 United Kingdom house price growth eases to 3-month low in August

Mortgage lender Nationwide said house prices rose 2.1 percent year-on-year in August, slowing from 2.9 percent in July and matching May's four-year low. While measures of housing affordability are not particularly stretched at a United Kingdom level, pressures are evident in some regions - especially London and the South of England".

Business Nike, Inc. (NKE) Stake Reduced by Aviance Capital Partners LLC
Author: 0 Nike, Inc. (NKE) Stake Reduced by Aviance Capital Partners LLC

The Mcdonald Capital Investors Inc holds 1.31M shares with $66.36M value, down from 1.34M last quarter. Investors have been carefully witnessing the recent activity of NIKE, Inc. 993.29 million shares or 0.55% less from 998.81 million shares in 2016Q3 were reported. 376.96 million shares or 0.31% less from 378.15 million shares in 2016Q3 were reported.

Business EUR/USD Passes 1.2000 as Dollar Hits Fresh Yearly Low
Author: 0 EUR/USD Passes 1.2000 as Dollar Hits Fresh Yearly Low

The euro gained as much as 0.8 percent, breaking past the critical $1.20 level to its highest since January 2015, to $1.2069. "I think that may have got investors more comfortable to continue doubting the inflation story and whether they'll be able to hike (interest rates)", said Ryan McKay, associate commodities strategist for TD Securities.

Business JJ Watt raises Houston Harvey relief goal to $2M
Author: 0 JJ Watt raises Houston Harvey relief goal to $2M

Turner defended his decision , saying his decision included not knowing where Hurricane Harvey was headed, and the "crazy" logistics of evacuating a city of 2.3 million people within a couple of days. However, analysts said weather conditions and flooding in Houston and Galveston, Texas, would keep many refiners in the area out of commission through much of the week.

Business Keeping Tabs on Technicals for Ishares Trust S & P Mid Capital* (IJJ)
Author: 0 Keeping Tabs on Technicals for Ishares Trust S & P Mid Capital* (IJJ)

Without properly being prepared, these opportunities may disappear quickly. Keeping watch on technicals may involve many different plans and scenarios. Going further, investors may be studying a company's proven track record and gauging the competence of current management. Deep diving into the technical levels for SPDR S&P UK Dividend Aristocrats ETF (UKDV.L), we note that the equity now has a 14-day Commodity Channel Index (CCI) of -194.93.

Business Oil markets hit by Storm Harvey; US dollar slips
Author: 0 Oil markets hit by Storm Harvey; US dollar slips

Energy traders say it's mostly due to the shale revolution. Driven by shale, the US pumped 9.2 million barrels of oil per day in May. Motiva Enterprises is now mulling whether to close its 603,000-barrel-per-day crude oil refinery in Port Arthur, which is the country's largest, Reuters reported.

Business 21st Century Fox Pulls UK Fox News Feed From Sky
Author: 0 21st Century Fox Pulls UK Fox News Feed From Sky

His US media group, 21st Century Fox, announced it would withdrawn the controversial news channel from Sky packages on Tuesday but insisted that the decision has nothing to do with a potential investigation into the firm's bid to takeover the remaining shares of bSkyb - Sky's parent company.

Business All-cash deal: Gilead Sciences buys Israeli firm for nearly $12B ‎‎‎
Author: 0 All-cash deal: Gilead Sciences buys Israeli firm for nearly $12B ‎‎‎

Shares of Expedia Inc (NASDAQ: EXPE ) were down 5 percent to $142.91. Seabridge Investment Ltd owns 0% invested in Kite Pharma Inc (NASDAQ: KITE ) for 40 shares. Gilead Sciences , Inc. shares rose $0.17 (+0.23%) in premarket trading Monday. Juno shares likewise saw a boost from the M&A hype, with investors sending shares soaring nearly 17%.