Business

Business Carjacking in South Africa at its worst level in a decade
Author: 0 Carjacking in South Africa at its worst level in a decade

The shocking increase of 6.4% in aggravated robbery and 14.5% in carjacking countrywide is indicative of a society that is increasingly becoming unsafe and more violent. A staggering total of 1 738 980 cases of crime was reported nationwide for different offences. Mbalula also said the numbers of crimes detected as a result of police action‚ were not sufficient.

Author: 0 UK GDP shows higher-than-predicted growth in Q3

If the economy is growing, there is a stronger likelihood the Bank of England (BOE) will raise interest rates at its next meeting in December. But it has slipped to the bottom of the pack this year, with worst first-half performance since 2012.

Business Honda Sports EV concept revealed at Tokyo
Author: 0 Honda Sports EV concept revealed at Tokyo

The Sports EV is the big brother to the Urban EV Concept which stole the show at the Frankfurt Motor Show last month. Honda said both cars represent a design philosophy of simplicity. This time around, Honda hasn't been that forthcoming about the specs, interior or possible release date of the Sports EV Concept. Hachigo said Honda made a decision to release it in Japan as a way to reinvigorate domestic sales and excitement for the brand.

Business Democrat urges probe of Puerto Rico power contract to Zinke's Montana neighbor
Author: 0 Democrat urges probe of Puerto Rico power contract to Zinke's Montana neighbor

The Washington Post and the Daily Beast on Tuesday offered more details on the company's backers. Whitefish Holdings only has two employees on its payroll. More than a month later, only 30 percent of customers have power. "The truth is that the Jones Act not only is delaying the support for Puerto Rico but has also been responsible for the high cost of living because of the exorbitant cost of shipping goods to Puerto Rico", she said.

Business IATA predicts 7.8bn passengers by 2036
Author: 0 IATA predicts 7.8bn passengers by 2036

In a statement today, IATA said the Asia-Pacific region faced a hard challenge in coping with growth in demand with the latest 20-year air passenger forecast expecting 7.8 billion to travel in 2036, nearly twice the four billion passengers expected this year.

Business Turnbull deflecting blame for NBN woes
Author: 0 Turnbull deflecting blame for NBN woes

If it is passed into law, the Government's proposed broadband levy legislation will see fixed-line broadband service providers slapped with an additional charge to help cover the operating costs of the NBN fixed wireless and satellite services.

Business Tiger Zinda Hai poster out: Salman Khan and Katrina Kaif look deadly
Author: 0 Tiger Zinda Hai poster out: Salman Khan and Katrina Kaif look deadly

People want to get a glimpse of the film in any way whether it is a behind the scene photos , or posters or trailers. While the first poster poster (below) featured a lone Salman Khan with a gash on his forehead, the signature checkered scarf around his neck, holding what looks like an M4 Carbine gun and looking terribly ticked off.

Business What Are Analysts Suggestions On Texas Instruments Inc. (TXN)
Author: 0 What Are Analysts Suggestions On Texas Instruments Inc. (TXN)

CAPROCK Group Inc. increased its stake in Texas Instruments by 7.2% in the 3rd quarter. The average 1-year price target for ( TXN ) reveals an average price target of $91.14 per share. Macquarie Research upgraded Texas Instruments Incorporated (NASDAQ: TXN ) rating on Monday, August 10. The rating was maintained by Barclays Capital with "Equal-Weight" on Tuesday, July 18.

Business 'Thumri Queen' Girija Devi no more; breathed her last in Kolkata
Author: 0 'Thumri Queen' Girija Devi no more; breathed her last in Kolkata

Eminent classical singer and Padma Vibhushan awardee Girija Devi passed away at the age of 88 in Kolkata this eveing. "She died around 9 pm tonight", quoted BM Birla official. Veteran lyricist Javed Akhtar said: "Girija Devi was not only a great classical singer but a national treasurer". Yet, our doctors tried their level best to stabilize Girija Devi's health parameter.

Business Tesla starts energy storage at hospital to help Puerto Rico
Author: 0 Tesla starts energy storage at hospital to help Puerto Rico

Tesla CEO Elon Musk has been in talks with Puerto Rico's officials regarding a proposed solar power grid to restore the devastated island's electricity. The plan would involve creating several areas where Tesla could install microgrids filled with its Powerpack storage batteries. The additional storage would provide around-the-clock reliability without the need for generators.

Business Global wine production plummets due to 'extreme weather'
Author: 0 Global wine production plummets due to 'extreme weather'

One doubt remains: the estimated wine production is based on USDA forecasts for grape production, relating especially to wine grapes, from August 2017 and does not therefore take into account the potential consequences of the recent fires in California (October 2017).

Business Trump says he is 'very, very close' to making Fed chair decision
Author: 0 Trump says he is 'very, very close' to making Fed chair decision

The show-of-hands survey, which Trump asked for during a closed-door lunch meeting Tuesday at the Capitol, pitted Federal Reserve governor Jerome Powell against Stanford University economist John Taylor, participants said. By contrast, Taylor, a favorite of some congressional Republicans, has long advocated a higher-rate policy to guard against inflation and asset bubbles.

Business Dow ends at record after strong Caterpillar, 3M earnings
Author: 0 Dow ends at record after strong Caterpillar, 3M earnings

Other Dow components, United Technologies and McDonald's, also notched up gains in morning trading following strong quarterly reports. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. The benchmark KOSPI edged up less than zero.1 percent to finish at 2,490.4-9. The stock was last up 0.3 percent. Whirlpool tumbled almost 9 percent after the home appliances maker reported profit and sales below estimates and lowered full-year earnings guidance.

Author: 0 HDFC Bank Ltd Q2 PAT rises to Rs. 4151.03 crores

The key balance sheet figure rose to Rs 1,476.2 crore in Q2 against Rs 749 crore in the corresponding quarter of the previous fiscal. The numbers were driven by 17.6 per cent growth in average assets and 4.3 per cent growth in core net interest margin (NIM), the company said in a regulatory filing.

Author: 0 Cisco Systems, Inc. (CSCO) Earns "Hold" Rating from Needham & Company LLC

They may also be used to assist the trader figure out proper support and resistance levels for the stock. (NASDAQ: CSCO ). The Missouri-based Umb Financial Bank N A Mo has invested 0.12% in Cisco Systems, Inc . The rating was maintained by Oppenheimer on Monday, January 11 with "Outperform". (NASDAQ: CSCO ) on Wednesday, June 14. (NASDAQ: CSCO ). Cordasco Financial Networks reported 0.03% stake.

Author: 0 Lookout for Relative Strength Index: Graphic Packaging Holding Company (NYSE: GPK)

Combined, those companies added 151 points to the Dow's gain. Before trading, trader, investor or shareholder must have an eye on stock's historical performance. ADX calculations are made based on the moving average price range expansion over a specified amount of time. Most company stocks have very little volatility.

Business Eldorado Gold Corporation Ordin (NYSE:EGO) Signals Intraday Volatility - Down $0.07
Author: 0 Eldorado Gold Corporation Ordin (NYSE:EGO) Signals Intraday Volatility - Down $0.07

Finally, Counsel Portfolio Services Inc. acquired a new stake in shares of Eldorado Gold Corporation during the second quarter worth about $300,000. Yamana Gold Inc slipped 1.5 percent to C$3.36. For the next 5 years, Eldorado Gold Corporation is expecting Growth of 5% per annum, whereas in the past 5 years the growth was -38.26% per annum. The Toronto Stock Exchange's S&P/TSX composite index closed down 1.46 points, or 0.01 percent, to 15,855.76.

Business Amazon Wine To Shutter At Year-End
Author: 0 Amazon Wine To Shutter At Year-End

Amazon Business today announced the launch of Business Prime Shipping , a paid annual membership program for registered multi-user business customers in the United States and Germany. For larger firms, the processing of multiple user purchases on multiple individual Amazon Prime accounts doesn't make sense, especially if the users are then trying to get reimbursed for these one-off subscriptions.

Business Chipotle Mexican Grill Inc
Author: 0 Chipotle Mexican Grill Inc

Moreover, Axa has 0.17% invested in Chipotle Mexican Grill , Inc. Media headlines about Chipotle Mexican Grill (NYSE: CMG ) have trended somewhat positive this week, Accern Sentiment reports. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.59 by $1.32. (NYSE:CMG) earned "Neutral" rating by UBS on Wednesday, July 26.

Author: 0 Revenue Forecast of Kimberly-Clark Corporation (KMB)

Pax World Management LLC now owns 2,784 shares of the company's stock worth $359,000 after acquiring an additional 200 shares during the last quarter. Kimberly-Clark Corporation ( NYSE: KMB ) has grabbed attention from the analysts when it experienced a change of -0.61% in the current trading session to trade at $112.75.

Business AMD shares decline even after earnings beat
Author: 0 AMD shares decline even after earnings beat

However, when it comes to Advanced Micro Devices, Inc . The company also provided an outlook for their third-quarter revenue to rise by around 23% from the second quarter which is expected to come at around $1.50 billion. Analysts mean recommendation for the stock is 2.70. The shares were sold at an average price of $13.91, for a total transaction of $278,200.00. Over the last five days, shares have faced -5.15% losses and now is down -31.67% since hitting its 200-day moving average of $13.06.

Business EPA, CARB approve VW 3.0-liter diesel SUV fix
Author: 0 EPA, CARB approve VW 3.0-liter diesel SUV fix

Volkswagen, the best-selling automaker globally in previous year, could have been required to pay up to $4.04 billion if the United States Environmental Protection Agency and California Air Resources Board could not authorize fixes for all 3.0-liter automobiles.

Business Taco Bell tests the Chocoladilla in Wisconsin
Author: 0 Taco Bell tests the Chocoladilla in Wisconsin

It's a flour tortilla with bits of Nestlé's Kit Kat melted inside. Taco Bell has a history of digestion-bending mash-ups , such as a burrito packed with Fritos corn chips, the late-lamented " Naked Chicken Chalupa " and, apparently also baring it all, the " Naked Egg Taco ".

Author: 0 Verizon Communications Inc. 5.9 (NYSE:VZA) Experiences Lighter than Usual Trading Volume

Verizon Communications Inc .is a holding company. It is negative, as 90 investors sold VZ shares while 700 reduced holdings. Ronna Sue Cohen grew its position in Verizon Communications by 0.4% during the 2nd quarter. RBC Capital Markets maintained the shares of VZ in report on Friday, July 7 with "Hold" rating. BidaskClub raised shares of Verizon Communications from a "strong sell" rating to a "sell" rating in a research report on Monday, July 31st.

Business FTSE 100 flat as Costa owner Whitbread's shares fall
Author: 0 FTSE 100 flat as Costa owner Whitbread's shares fall

Profits at coffee chain Costa slumped 10 per cent during the first half of the company's financial year, bruised by a dramatic tumble in the value of the pound ramping up the cost of importing coffee beans. Chief executive Alison Brittain also said it will focus on growing its core markets in the United Kingdom, along with opportunities in Germany for Premier Inn and Costa in China .

Business Sears no longer carrying Whirlpool appliances
Author: 0 Sears no longer carrying Whirlpool appliances

In EMEA, it markets and distributes its home appliances primarily under the Whirlpool, Bauknecht, Ignis, Maytag, Laden, Indesit and Privileg brand names, and domestic appliances under the KitchenAid, Hotpoint and Hotpoint-Ariston brand names.

Author: 0 Air Canada flight lands at United States airport without permission

Nonetheless, the FAA is now investigating Sunday's breakdown in communication which is second risky incident involving an Air Canada flight at the same airport. The incident happened three months after an Air Canada jet almost landed on a San Francisco taxiway where other planes were waiting to deport. According to the FAA, four full planes were lined up and awaiting approval to take off.

Author: 0 British Financial Regulator Opens Probe Into Equifax Breach

The Financial Conduct Authority confirmed in a brief statement on Tuesday that it had opened a formal investigation into Equifax . "This statement is made given the public interest in these matters". The firm's U.S. customers were most affected, with data on about 143 million exposed, placing them at potential risk of identity theft and targeted scams, Equifax has acknowledged.

Author: 0 Fiat Chrysler Automobiles NV (FCAU) Holdings Lowered by Northern Trust Corp

Jefferies initiated the shares of FCAU in report on Tuesday, August 9 with "Buy" rating. Dividends are mostly given in terms of cash payments, property or as shares of stock. has a 12-month low of $6.28 and a 12-month high of $18.10. The stock has a market cap of $25.70 billion, a P/E ratio of 7.57 and a beta of 1.73. The results are an improvement over past year and show less debt than the previous quarterly results.

Business WeWork Buys Lord & Taylor Building, Will Use It as NYC HQ
Author: 0 WeWork Buys Lord & Taylor Building, Will Use It as NYC HQ

In addition, Rhone Capital will make $500 million equity investment in HBC in the form of eight-year mandatory convertible preferred shares. (TSX:HBC) is selling its Lord & Taylor Fifth Avenue building in NY to a joint venture between WeWork and Rhone Capital in a deal valued at $1.075 billion.

Business Caterpillar, Inc. (NASDAQ:CAT) To Release Earnings
Author: 0 Caterpillar, Inc. (NASDAQ:CAT) To Release Earnings

Point72 Asset Management L.P. bought a new stake in shares of Caterpillar during the 1st quarter valued at about $46,917,000. Caterpillar had a net margin of 0.27% and a return on equity of 18.52%. TRADEMARK VIOLATION WARNING: This piece was originally posted by StockNewsTimes and is owned by of StockNewsTimes. Following the completion of the transaction, the director now directly owns 17,476 shares of the company's stock, valued at $1,634,355.52.

Business European Union says investigators inspect German automakers
Author: 0 European Union says investigators inspect German automakers

EUROPE'S watchdog has confirmed overnight that it had raided the head offices of "several German vehicle brands" as it launches an investigation into cartel-like practices affecting diesel-engined cars. BMW said Friday that EU Commission staff inspected its company offices in Munich last week in connection with news media allegations that German carmakers colluded on technology including diesel emission controls.

Business Infosys posts surprise 3.3 per cent rise in Q2 profit
Author: 0 Infosys posts surprise 3.3 per cent rise in Q2 profit

Profit rose to Rs37.26 billion ($573.03 million) in the three months ended September 30, from Rs36.06 billion a year earlier, Infosys said on Tuesday. The company, meanwhile, has declared an interim dividend of Rs 13 per share. Infosys founder NR Narayana Murthy had demanded that the full report by Gibson, Dunn and Crutcher on whistleblower allegations pertaining to the Panaya deal , be made public.

Author: 0 Eli Lilly and Company Earnings Watch & Stock Update

TheStreet upgraded shares of Eli Lilly and from a "c+" rating to a "b+" rating in a report on Tuesday, July 25th. Eli Lilly and Company ( NYSE : LLY ) now has an Average Broker Rating of 2.31. The original version of this report can be read at https://stocknewstimes.com/2017/10/24/eli-lilly-and-company-lly-shares-bought-by-marshall-wace-north-america-l-p.html.

Business McDonald's same-store sales climb as promotions lure customers in
Author: 0 McDonald's same-store sales climb as promotions lure customers in

The plan also aims to raise the bar on value, quality, and convenience with moves in the US like the $1 beverage promotion and the commitment to serve fresh beef in quarter-pound burgers by mid-2018. McDonald's returned $2.9 billion to shareholders through dividends and share buybacks. Excluding one-time charges, McDonald's earned $1.76 per share.

Business ₹92150 crore collected as GST in September
Author: 0 ₹92150 crore collected as GST in September

The new GST regime - which came into effect on July 1 this year and was expected to simplify the structure of taxes paid by individuals and organisations in India - has caused quite a bit of a headache for the Central government. "Late fee paid will be credited back to taxpayer ledger", Jaitley informed. It is the last part of his tweet that holds significance. However, reports quoting senior finance ministry officials said the disbursement process had to be halted after Rs150 crore out of ...

Business Kenyan lawyer says slain teacher Gabrielle Maina's wounds suggest she was executed
Author: 0 Kenyan lawyer says slain teacher Gabrielle Maina's wounds suggest she was executed

Police are investigating whether she may have been forced to kneel before she was shot. "I always left feeling good in her presence", she said. "I didn't believe my husband at first, I thought maybe he got it wrong or maybe he misunderstood but no, he had told me word for word what he heard on the news and that her picture had come up on the screen...

Business Mobile skips quarterly earnings call to avoid Sprint merger questions
Author: 0 Mobile skips quarterly earnings call to avoid Sprint merger questions

A potential merger with Sprint could be about to materialize as evident by T-Mobile's decision to skip its quarterly earnings call with investors. Numina Capital Management Llc, which manages about $258.10 million and $609.46 million US Long portfolio, upped its stake in Hrg Group Inc (NYSE:HRG) by 2.62 million shares to 6.08 million shares, valued at $107.65 million in 2017Q2, according to the filing.

Business Singapore Will Stop Adding New Cars to Its Roads in 2018
Author: 0 Singapore Will Stop Adding New Cars to Its Roads in 2018

Roads now take up twelve percent of the city's total land area. Singapore's Land Transport Authority (LTA) announced it would cut its permitted vehicle growth rate from 0.25% per year to 0%, Reuters reports . That's 8,635 COEs on average per month, which continues the downtrend that started last quarter. This is known as a Certificate of Entitlement and is applicable for a limited number of years.

Business China's Communist Party enshrines 'Xi Jinping Thought' in constitution
Author: 0 China's Communist Party enshrines 'Xi Jinping Thought' in constitution

The party unanimously passed the amendment to include "Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era" as one of its guiding principles at the end of its week-long congress. The number of delegates to the National Congress and the procedure governing their election shall be determined by the Central Committee. If Xi's name is enshrined in the charter, his status will be more or less on par with that of founding father Mao Zedong or Deng Xiaoping, the country's ...

Business Morgan Stanley Cuts Rating On General Electric Company (GE)
Author: 0 Morgan Stanley Cuts Rating On General Electric Company (GE)

More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: " General Electric is one of the most iconic USA businesses." published on October 23, 2017 as well as Seekingalpha.com's news article titled: "GE Is Dead, Long Live GE" with publication date: October 23, 2017.

Author: 0 Bargain or Bait? Stock Update on Magellan Midstream Partners, LP (NYSE:MMP)

EnLink Midstream Partners LP (NYSE:ENLK) has risen 17.95% since October 22, 2016 and is uptrending. It has underperformed by 70.53% the S&P500. The company has market cap of $685.82 million. Zacks Investment Research cut Magellan Midstream Partners L.P. from a "hold" rating to a "sell" rating in a research report on Tuesday, July 11th.

Author: 0 Former HSBC banker convicted of fraud in USA court

He has been free on bail during the trial and remains free, despite Monday morning's conviction. Johnson's lawyer, John Wing, told reporters as he left the courtroom: "They've convicted an innocent man". His defence team argued that Cairn was aware that advance trades would occur and said his comments were taken out of context. A spokesman for HSBC in London declined to comment.

Business Meijer, Trader Joe's, Walmart recall some packaged produce due to listeria risk
Author: 0 Meijer, Trader Joe's, Walmart recall some packaged produce due to listeria risk

The Meijer retail store chain announced Saturday a recall of packaged vegetables in six states due to a potential listeria contamination, which can cause deadly infections in pregnant women, newborns and seniors. The FDA says the only Trader Joe's item involved in the recall is Kohlrabi Salad Blend, sold in 10-ounce bags. The list includes broccoli, caulidflower, asparagus, zucchini, squash and peppers.

Business Hasbro braced for holiday hit from Toys 'R' Us bankruptcy
Author: 0 Hasbro braced for holiday hit from Toys 'R' Us bankruptcy

Shares of Hasbro and rival Mattel, which also fell Monday, have been under pressure since Toys "R" Us filed for bankruptcy protection on September 19. The fourth-quarter growth estimates translate to revenue of US$1.7 billion to US$1.74 billion, below the average analyst estimate of US$1.82 billion, according to Thomson Reuters I/B/E/S.

Author: 0 Kaspersky: security firm tries to win back trust after Russian spying scandal

It is still unclear if Kaspersky has allowed the FSB to use its product to search for government data on users' computers, or if the FSB hijacked the company's infrastructure without its knowledge. The transparency centres will open in Asia, Europe and the United States by 2020", Kaspersky said in a statement . Reduced co-operation among countries helps the bad guys in their operations, and public-private partnerships don't work like they should.