Business

Business IranAir receives second jet under sanctions deal
Author: 0 IranAir receives second jet under sanctions deal

The Airbus A330 is a medium- to long-range wide-body twin-engine jet. The airline said at the time of the first handover that it was part of Iran Air's "ambitious passenger aircraft fleet renewal and its stronger presence in worldwide civil aviation".

Business PV Sindhu loses in quarterfinals of All England Open
Author: 0 PV Sindhu loses in quarterfinals of All England Open

Sindhu who is presently the World No 6 stood against the World no. 1 Ying. It was an ordinary performance from Sindhu as she got outclassed by Zing, the quarter-final clash wrapped up in a matter of 34 minutes. Sindhu led 12-3 in the first game and afterwards it was a formality. Sindhu was playing catch after conceding the lead. The second game was more lopsided, and the gulf - in terms of points - kept increasing with time.

Business Elon Musk makes big bet on batteries for power problems down under
Author: 0 Elon Musk makes big bet on batteries for power problems down under

Adding "That serious enough for you?" The Australian state has suffered from a spate of blackouts over the past six months, with the most recent taking place in early February , during a 104-degree heatwave. Billionaire tech entrepreneur Elon Musk has joined the throng of entrepreneurs pitching potential solutions to South Australia's power woes. In fact, Musk gave himself a 100-day deadline for the installation - or the batteries would be free.

Business India's January industrial output grows 2.7% as demonetisation impacts demand
Author: 0 India's January industrial output grows 2.7% as demonetisation impacts demand

The cumulative growth for the period April-January, 2016-17 over the corresponding period of the previous year stands at 2.7 percent, compared to 0.6 percent in the previous year. Data released by the Central Statistics Office (CSO) showed that in January, mining, manufacturing and electricity registered positive growth. The manufacturing sector, which accounts for over 75 percent of the index, grew by 2.3 percent in January against a contraction of of 2.9 percent in same month a year ago.

Business Viber Secret Chat Coming Soon
Author: 0 Viber Secret Chat Coming Soon

As with all Viber chats, the messages are end-to-end encrypted, while users can also opt to hide Secret Chats behind a PIN code. (Web Desk) - With a barrage of updates, bug-fixes and new features introduced by multiple apps, Viber is set to initiate self-destructing chat for securer privacy.

Business Dutch All-Americans Head Back to National Indoor Track Meet
Author: 0 Dutch All-Americans Head Back to National Indoor Track Meet

The complex, with an indoor football field next door that's used as a waiting and rest area for the track and field athletes, was the result of Henry and then-A&M athletic director Bill Byrne's persistent urging beginning with Henry's arrival from LSU prior to the 2005 season.

Author: 0 Testing Week Ahead for Crude Oil Prices

On London's Intercontinental Exchange, global benchmark Brent for May delivery dropped fell 1.57% to $51.37 a barrel, while on the New York Mercantile Exchange West Texas Intermediate crude futures slumped 1.60% to $48.49. These concerns are unlikely to go away anytime soon, suggesting that further price weakness is in store in the days ahead. US crude slumped almost 9 percent since Tuesday's close, the biggest three-day decline since February of 2016.

Business 'Spring forward' this weekend as Daylight Saving Time begins
Author: 0 'Spring forward' this weekend as Daylight Saving Time begins

It's also a shift not everyone supports, including Grand Forks city council. Daylight Saving Time now had a uniform start and end date on the last Sunday in April and the last Sunday in October, respectively. Or, lawmakers could vote to get rid of DST altogether and keep the state in the Pacific time zone all year-round. It gives people an extra hour of daylight in the evenings during the warmest months of the year.

Author: 0 Abbas spokesman says Trump invited him to visit 'soon'

During Israeli Prime Minister Benjamin Netanyahu's visit to the White House in February, Trump said he would be open to considering a one-state solution to the Middle East peace process. Trump and David Friedman, his nominee for United States ambassador to Israel, support moving the American embassy from Tel Aviv to Jerusalem. However, during Prime Minister Netanyahu's visit, Trump in a statement, asked Netanyahu to "hold back on settlements for a little bit", in which the Israeli Prime ...

Business How major U.S. stock market indexes fared on Friday
Author: 0 How major U.S. stock market indexes fared on Friday

The Nasdaq Composite closed at 5861.73 for a gain of 22.92 points or 0.39%. Significantly, the Dow Jones outperformed whereas the same index is underperforming the other two indices. Small-cap stocks in the Russell 2000 Index declined for the third straight week, falling 2.1 percent for the biggest drop this year. The Dow lost 102.73 points, or 0.5 percent.

Business Here comes the Baker Hughes rig count
Author: 0 Here comes the Baker Hughes rig count

One miscellaneous rig was taken offline, and so the combined count increased by 12 to 768. Baker Hughes reports that 617 rigs sought oil, up eight this week, and 151 explored for natural gas, up five this week. Since the bloc's announced cuts, the United States has brought online 140 oil rigs. For once, it was not West Texas' Permian Basin that saw the greatest uptick in rigs week-over-week, as the Denver-Julesburg Basin in the Rocky Mountains region saw an addition of four rigs this week.

Author: 0 Strong US jobs data cements traders' 3-rate-hike view

One economist said the Fed was ready to raise its rates after the jobs report showed such a hefty increase of new jobs. Over the past 3 months, manufacturing has added 57,000 jobs. Large metropolitan counties have seen more than twice the annual wage growth of nonmetropolitan areas, according to the latest figures from the Bureau of Labor Statistics .

Business SEC Shoots Down Winklevoss Bitcoin ETF Bid
Author: 0 SEC Shoots Down Winklevoss Bitcoin ETF Bid

The ruling is a significant setback for Tyler and Cameron Winklevoss, the twin brothers famed for their dispute with Mark Zuckerberg over the origins of Facebook. Exchange-traded funds have grown in popularity among individual investors. CBOE Holdings Inc's Bats exchange had applied to list the ETF. Yet, this is unlikely to happen unless bitcoin becomes easier to buy and its price history becomes more stable.

Author: 0 Stock for Your Case: Regions Financial Corporation (NYSE:RF)

Piper Jaffray Companies downgraded shares of Regions Financial Corp from an "overweight" rating to a "neutral" rating in a report on Wednesday, November 16th. Also, CEO Richard D. Fairbank sold 600,000 shares of the business's stock in a transaction that occurred on Friday, January 27th. The shares were sold at an average price of $14.52, for a total transaction of $624,360.00.

Business Avenue Supermarts IPO subscribed almost 106 times
Author: 0 Avenue Supermarts IPO subscribed almost 106 times

Retail investors category was subscribed 4.06 times of the shares on the offer. On the NSE, the issue was subscribed nearly 49 times with the portion reserved for qualified institutional buyers (QIB) being subscribed 105.54 times. At that valuation, the company would surpass the combined $2.5 billion market capitalisation of four of its well-known peers-Shoppers Stop Ltd, V-Mart Retail Ltd, V2 Retail Ltd and Future Retail Ltd.

Business Japan, US conduct Navy drills in East China Sea
Author: 0 Japan, US conduct Navy drills in East China Sea

In exchange, Washington and Seoul should halt drills, Chinese Foreign Minister Wang Yi said . "Are the two sides really ready for a head-on collision? " he asked while addressing his annual press conference on the sidelines of the National People's Congress, the Chinese parliament.

Business Global Blood Therapeutics Inc (GBT) Stock Soars on Takeover Talk
Author: 0 Global Blood Therapeutics Inc (GBT) Stock Soars on Takeover Talk

Addition of Global Blood Therapeutics products will add promising candidates to Novo's pipeline, allowing it to diversify the blood disorder therapy segment into new areas of sickle cell disease (SCD) and other severe disorders like acute respiratory distress syndrome (ARDS), a lung condition that prevents enough oxygen from getting to the lungs and into the blood.

Business Gold futures fall on stronger US Dollar, good job data
Author: 0 Gold futures fall on stronger US Dollar, good job data

The ADP National Employment Report showed its biggest increase in more than a year in February, suggesting the USA economy remains on solid ground."It puts upward pressure on both the consensus and our forecast for payrolls on Friday", said Royce Mendes, director and senior economist at CIBC Capital Markets in Toronto.On the other hand, ETF Securities' Martin Arnold said he expected the backdrop of political risk in France and a lack of policy certainty in the United States to create support ...

Author: 0 Brexit trigger looms: what's next?

The Financial Times reported that European Union officials in Brussels had been told to expect article 50 to be triggered imminently. Irish Prime Minister Enda Kenny confirmed to reporters that the European Union 27 had provisionally agreed a meeting in early April to agree a framework for exit talks.

Business Standard Life's David Cumming to leave firm after 18 years
Author: 0 Standard Life's David Cumming to leave firm after 18 years

Yesterday (8 March) it was announced Mr Cumming, head of equities at Standard Life Investments, has chosen to leave to pursue other interests. His move came just 48 hours after the group announced plans to merge with Aberdeen to create an £11billion investment giant with some £660billion of savers' cash under management.

Business The Way Analysts See Intercontinental Exchange, Inc. (ICE)
Author: 0 The Way Analysts See Intercontinental Exchange, Inc. (ICE)

Intercontinental Exchange ( NYSE:ICE ) opened at 59.39 on Thursday. Mr. Jeffrey C. Sprecher is one of the biggest insider owners in Intercontinental Exchange, Inc . The disclosure for this sale can be found here. The average 12 month target price among brokerages that have issued ratings on the stock in the past year is $60.27.

Business European Central Bank to Hold Awaiting Fed Move
Author: 0 European Central Bank to Hold Awaiting Fed Move

But the key take from yesterday's meeting was that the European Central Bank is being interpreted as having taken a small but meaningful step towards acknowledging that additional reductions in the CSPP could be well on the cards. Forward Eonia bank-to-bank rates dated for the ECB meeting on March 8 next year stood at around minus 0.25 percent, some 10 basis points above the Eonia spot rate of minus 0.35 percent.

Business Sales of Ivanka Trump's products skyrocket
Author: 0 Sales of Ivanka Trump's products skyrocket

Ivanka Trump debacle. The buzz over numbers, sales and searches first began with a Refinery29 interview with Abigail Klem , who runs the Ivanka Trump brand, in which they discussed how sales have fared since the controversy over the label being dropped by some retailers and the ensuing #grabyourwallet movement.

Business 24-hour ground staff strike to hit Berlin airports Friday
Author: 0 24-hour ground staff strike to hit Berlin airports Friday

Representatives of Business Traveller attended the ITB tourism trade fair in Berlin this week, and were able to fly home as scheduled yesterday evening. The strike is over pay with service union Verdi demanding a pay rise of one euro an hour for the next 12 months. "We are ready for talks at any time, of course also over the weekend, and open for a new offer", trade union Verdi leader Enrico Ruemker told Reuters.

Business Gander Mountain Mankato store to close amid bankruptcy filing
Author: 0 Gander Mountain Mankato store to close amid bankruptcy filing

Thirty-two underperforming stores will be closed, the release said. Gander Mountain was founded in 1960 and has 162 stores in 26 states. Gander Mountain will close its Eau Claire store and 31 other locations, the outdoor goods company announced Friday as it filed for bankruptcy.

Business 'Curry mode' washing machine launches for Indian market
Author: 0 'Curry mode' washing machine launches for Indian market

The tech also has five other cycles aimed at the Indian consumer, there's one that will help remove traces of hair oil. It also spoke of how it took two years to come up with the latest development, it had to thoroughly test combinations of temperature and water flow.

Business Wetherspoons attacks United Kingdom
Author: 0 Wetherspoons attacks United Kingdom "budget for dinner parties"

After coming under pressure to provide relief to pubs and shopkeepers that were braced for an increase in business rates, Hammond pledged a tax discount of 1,000 pounds for pubs on Wednesday. The pubs boss made the comments alongside half-year results, which saw pre-tax profits climb 43% to £51.4 million in the 26 weeks to January 22. "The Chancellor was less than frank in his budget speech since he did not spell out the duty increases", Tim Martin said in the statement.

Author: 0 Are EQT Midstream Partners, LP (NYSE:EQM) Shares Headed Higher?

A number of brokerages have recently weighed in on RMP. Shell Midstream Partners, L.P. had its " rating reiterated by analysts at Mizuho. The consensus price target (PT) of $25.42 means that the market expects Company shares to increase by 9.6% in the short run.

Business Finisar Corporation Shares Plunge 14% As Earnings And Outlook Fall Short
Author: 0 Finisar Corporation Shares Plunge 14% As Earnings And Outlook Fall Short

Out of the 12 analysts polled in the past 12 months, 10 rate Finisar stock a Buy, while 2 rate the stock a Hold. Finisar Corporation's 20-Day Simple Moving Average is -14.63%. The last stock close price is up 16.53% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock.

Business Final phase of assembly elections in Uttar Pradesh, Manipur begins
Author: 0 Final phase of assembly elections in Uttar Pradesh, Manipur begins

The average polling in this phase during the 2012 state election was 57.92 per cent, and 55.36 per cent in 2014 Lok Sabha polls. The counting of the polling will take place on March 11. An estimated 22 per cent have criminal backgrounds while 25 per cent are crorepatis. The onus is on the ruling Samajwadi Party to retain its prestige as it had won 24 of these 40 seats in the 2012 assembly polls.

Author: 0 Sean Spicer wrongly claims Fox reporter's phones were 'tapped'

Spicer continued on that track with Portnoy, saying of Congress, "I think there's a lot that they need to look at", according to the transcript. Aside from his restrained laughter, Spicer's comment was akin to telling Black Lives Matter protestors that "all lives matter".

Business Dirt-Bike Gang Attacks Driver in Middle of Highway
Author: 0 Dirt-Bike Gang Attacks Driver in Middle of Highway

The riders then began to ram and punch the man's vehicle. When the CHP arrived, the male driver was being loaded into an ambulance because of "non-life threatening injuries" sustained from being punched and kicked by the motorcycle riders. "He's a good guy", King told the Chronicle. A group of motorcyclists, many of whom are not wearing helmets, reportedly "took over" the freeway and were performing tricks and "popping wheelies".

Business Spicer rips Capitol Hill budget scorekeepers, ahead of health bill estimate
Author: 0 Spicer rips Capitol Hill budget scorekeepers, ahead of health bill estimate

Hall plans to ding any insurance plan that doesn't cover "comprehensive benefits", according to Politico . Lots and lots of people-maybe 15 million?-will lose insurance and the costs to the treasury will be huge. But then the Supreme Court ruled that states could opt out of the Affordable Care Act's Medicaid expansion, leaving millions of poor people in those states uninsured.

Business Marvell Technology Group Ltd. (NASDAQ:MRVL)
Author: 0 Marvell Technology Group Ltd. (NASDAQ:MRVL)

We believe that the strong demand for Marvell's 4G LTE products could be a growth driver. This will be supported by growth from the company's wide range of newly-launched IoT solutions. For the quarter ending 11/17/2016, The Analyst projected that the company could deliver EPS of 0.12 while the company provided its Actual EPS of 0.2 showing a difference of 0.08 Percent between the Estimated and Actual EPS.

Business Stock to Lookout For: Tesla Motors, Inc. (NASDAQ:TSLA)
Author: 0 Stock to Lookout For: Tesla Motors, Inc. (NASDAQ:TSLA)

Global Equities Research reiterated an "overweight" rating and set a $385.00 price target on shares of Tesla in a research note on Tuesday, December 6th. Another insider trade includes Director Musk (Kimbal) who also initiated a transaction in which 2500 shares were traded on 28 Feb 2017 as "Buy". And with Model 3 only costing on average about $42,000, it can get further hard for the company to cut down on its cost to report a healthy gross margin.

Business Dollar stands tall on strong US ADP job data, higher Treasury yields
Author: 0 Dollar stands tall on strong US ADP job data, higher Treasury yields

Analysts polled by Reuters forecast that U.S. employers likely added 190,000 workers last month, fewer than January's 227,000 and average hourly earnings likely grew 0.3 per cent following a 0.3 per cent fall in January. The figures are seen as a precursor to the official non-farm payrolls report on Friday, and boosted expectations the U.S. central bank will go ahead with raising interest rates this month as growth in the world's largest economy remains robust.

Business 'Not thinking of alliance with anyone': BSP sources
Author: 0 'Not thinking of alliance with anyone': BSP sources

For this reason, some veteran political observers continue to rule out the SP and BSP coming together even in a post-poll scenario. Modi was leading the rallies during the final phase of campaigning in Uttar Pradesh as the SP-Congress combine began to emerge as a strong force to reckon with.

Business Radioactive wild boars have taken over two Japanese towns
Author: 0 Radioactive wild boars have taken over two Japanese towns

Now they scour the empty streets and overgrown backyards of the Namie town for food, an unexpected nuisance for those returning home six years after the meltdown. "They found a place that was comfortable". However, more than half of Namie's 21,500 residents have opted not to go back with concerns remaining about radiation and the plant's safety, according to a government survey.

Author: 0 Impact of Brokerage Rating on Nordstrom, Inc. (JWN)

Several other large investors also recently added to or reduced their stakes in the stock. Skandinaviska Enskilda Banken AB publ raised its stake in Nordstrom by 20,761.0% in the third quarter. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.37 per share. The ex-dividend date was Wednesday, November 23rd. This represents a $1.48 annualized dividend and a dividend yield of 3.36%.

Business 'Atomic Blonde' Red Band Trailer: Charlize Theron Gets Furiosa-er & Furiosa-er
Author: 0 'Atomic Blonde' Red Band Trailer: Charlize Theron Gets Furiosa-er & Furiosa-er

Ahead of the SXSW premiere, the first restricted trailer has now landed for the Kurt Johnstad-scripted film, based on Antony Johnston and Sam Hart's graphic novel. Movie magic isn't always used for unicorns and sunsets, you know. Atomic Blonde opens on July 28 . Fans of the comic will see that it is coming to the screen with a fairly faithful adaptation.

Business China accuses U.S. of having awful human rights problems
Author: 0 China accuses U.S. of having awful human rights problems

That descent meant 25 million people in the United States fared much worse in economic terms, the report highlighted. "With the shots still ringing in the ears of people beyond the Statue of Liberty, a worsened racial discrimination, and a voting farce dominated by the politics of money, the self-proclaimed human rights defender portrayed his myth regarding human rights with his own actions", the manuscript continues.

Business U of M men's basketball team plane slides off runway
Author: 0 U of M men's basketball team plane slides off runway

They played, he said, as if they had a new season. Tough beat in the regular-season finale. Six players are scoring at least 8.2 points per game for MI, they are: Walton Jr. MI players and coaches had to rely on it as they recounted the chaotic moments over and over again to new waves of reporters. It will be interesting to see if they can do so again on the second day of a back-to-back.

Author: 0 Republicans move away from wiretapping claims

Similarly, Republican members of the House Judiciary Committee in a letter to Comey asked to be briefed on Trump's claim as well as claims of Russian interference with the election - which would include allegations that Trump's campaign was in contact with Russian officials.

Business Ulta blows past Wall Street forecasts, but shares drop on soft outlook
Author: 0 Ulta blows past Wall Street forecasts, but shares drop on soft outlook

Home Depot's net earnings for Q4 2016 were $1.7 billion, or $1.44 per diluted share, contrast with net earnings of $1.5 billion, or $1.17 per diluted share, in the same period of FY15. The company has a market cap of $17.04 billion, a price-to-earnings ratio of 45.89 and a beta of 0.65. E-commerce growth accelerated for the fourth straight quarter, spiking 63% while Ulta Beauty was targeting just a 40% increase.