Business

Business Opening Bell: Sensex, Nifty up amid positive global cues
Author: 0 Opening Bell: Sensex, Nifty up amid positive global cues

The laggards were BSE Information Technology (-0.68%), Oil & Gas (-0.31%) and Teck (-0.08%) were the only laggards. Indian markets continued to rise for the second day on Tuesday. Foreign portfolio investors (FPIs) had sold shares worth Rs 741.19 crore on net basis, while domestic had institutional investors (DIIs) bought equities to the tune of Rs 2,017.95 crore yesterday, provisional data showed.

Author: 0 Government announces an extra £100m will be spent filling in potholes

It's a welcome boost to our resources. " So after all of that damage, we have to make a start on fixing the roads and that's what we're doing now ". Roads badly affected by The Beast from the East will benefit from a further £100 million to help fix any potholes and other storm damage, Transport Secretary Chris Grayling has announced.

Business Lowe's CEO To Retire After Successor Is Named
Author: 0 Lowe's CEO To Retire After Successor Is Named

It has underperformed by 10.78% the S&P500. IHT Wealth Management LLC now owns 1,368 shares of the home improvement retailer's stock worth $154,000 after purchasing an additional 110 shares during the last quarter. 115 funds opened positions while 384 raised stakes. The institutional investor held 148,115 shares of the integrated oil company at the end of 2017Q3, valued at $12.12 million, up from 131,704 at the end of the previous reported quarter.

Business JD Sports hits the ground running
Author: 0 JD Sports hits the ground running

The company employs about 13,000 people. That's right - they think these 10 stocks are even better buys . This news came alongside Finish Line's preliminary fourth-quarter results, which featured a steep decline in comparable sales. Image source: Finish Line . Finally, Cowen raised Finish Line from an "underperform" rating to a "hold" rating and set a $12.00 price objective for the company in a report on Thursday, December 21st.

Business Man arrested after trying to disarm Rockford officer
Author: 0 Man arrested after trying to disarm Rockford officer

A struggle ensued and police say Brown grabbed the officer's holstered gun and tried to pull it out. The officer did not pursue Warnock, because he almost struck other cars. "On several occasions bystanders got involved or obstructed the officers from doing their jobs, and also did not want to follow the orders or instructions from the officers", Henson said.

Business Growth Analysis of Starbucks Corporation (SBUX)
Author: 0 Growth Analysis of Starbucks Corporation (SBUX)

The stock has relative volume of 0.83. Over the last 5.0 days, Starbucks Corporation's shares returned -1.85 percent, and in the past 30.00 days, the figure appeared at 3.04 percent. Therefore 40% are positive. Starbucks Corporation had 103 analyst reports since July 28, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of AMGN in report on Thursday, February 1 with "Buy" rating.

Business Spotify sees 2018 revenue growing 20-30%, slower than 2017
Author: 0 Spotify sees 2018 revenue growing 20-30%, slower than 2017

In the report, Spotify also expectedly revealed Apple Music as its biggest streaming rival. Ahead of its IPO on April 3 , the streaming giant has issued its financial outlook for Q1 2018 and the full year. It may still be a couple of years before Spotify can claim a 50/50 split or better, but the improving ratio does indicate that more people are willing to pay for a music-subscription compared to having advertisements injected into their listening experience.

Business China's oil futures: frazzle or dazzle for foreign traders?
Author: 0 China's oil futures: frazzle or dazzle for foreign traders?

Speculative retail and institutional investors drove much of the launch-day's liquidity, said Chen Tong, Shanghai-based senior crude analyst at First Futures. "It may take years for market participants to build confidence in China's benchmark", he said. Still, China offers the potential for a deep, liquid market, buoyed by an explosion of interest from mom-and-pop investors that has supported its vast commodities derivative markets from apples to iron ore in Shanghai, Zhengzhou and Dalian.

Business Samsung Galaxy J7 Prime 2 launched in India
Author: 0 Samsung Galaxy J7 Prime 2 launched in India

The handset has 5.5 inches full HD (1080 × 1920 pixels) TFT display. A new report now says that Samsung actually is going forward with the plans to integrate a fingerprint sensor into the Note 9's display. However, Samsung's Galaxy S8 and S9 have came with 2D-based face-unlocking features and iris scanners, but they are not secured as the Face ID. Samsung sells around 10 million units per year of Note series smartphones, the most expensive models among Samsung phones, and ...

Business Jets 'rescinded' offer to free-agent Ndamukong Suh
Author: 0 Jets 'rescinded' offer to free-agent Ndamukong Suh

Jets owner Christopher Johnson told reporters at the National Football League owners meetings in Orlando on Sunday that the team has withdrawn its offer to the free-agent defensive tackle. Suh, a three-time All-Pro with five Pro Bowl appearances, is a dominant interior pass rusher with elite credentials. Suh was released by the Miami Dolphins on March 15, midway through a six-year, $114 million contract he signed with the team.

Business Names & Faces: Odell Beckham Jr., Erik Spoelstra
Author: 0 Names & Faces: Odell Beckham Jr., Erik Spoelstra

This entire situation has gotten to a point to where the Giants have grown exhausted of the constant issues that Beckham Jr. has caused for the franchise to deal with in the last few seasons. The recent viral video post on social media of him involved in some questionable activity has created yet another distraction away from the field that the organization has had to address.

Business Here's how you can change your Facebook settings
Author: 0 Here's how you can change your Facebook settings

It has also deepened concerns about the social media network's ability to avoid being exploited to spread propaganda and sway elections. Mozilla, which makes the popular Firefox web browser, has become the first major organization to stop advertising on Facebook amid the controversy over the Cambridge Analytica files.

Business Uber-Grab deal set to be announced
Author: 0 Uber-Grab deal set to be announced

Under the agreement, Grab will acquire all of Uber's operations in a region of 620 million people, including food delivery service UberEats. The deal signals another major market exit for Uber following its lack of success in taking on the Chinese market in 2016 (where they sold their operations to Didi Chuxing in exchange for a 17.5% controlling stake), and when they sold off their Russian business to Yandex just a year ago.

Business Facebook takes out full page newspaper ads to apologise over data breach
Author: 0 Facebook takes out full page newspaper ads to apologise over data breach

Zuckerberg continues that Facebook has already stopped apps like this from gaining access to so much information and now it's limiting the data apps get when users sign-in using Facebook. Citing the data on 50 million Facebook users that researcher and former Cambridge University professor Aleksandr Kogan leaked to Cambridge Analytica without permission (some reports allege that Kogan sold the data to the consulting firm), Zuckerberg says that this represented a "breach of trust".

Business Dow Plunges Amid Wall Street Fears About Trade War
Author: 0 Dow Plunges Amid Wall Street Fears About Trade War

THE Dow Jones industrial average has closed more than 400 points down, with rising fears over a trade war between the U.S. and China wiping more than 1,100 points off the index in the last two days. Hong Kong's Hang Seng lost 3.2 percent to 30,090.32 and the Shanghai Composite in mainland China sank 2.7 percent to 3,169.19. "We don't want a trade war, but we are not afraid of it", said spokeswoman, Hua Chunying.

Business NRA believes Parkland survivors were paid to attack 2nd Amendment
Author: 0 NRA believes Parkland survivors were paid to attack 2nd Amendment

John Woodward, 49, of Huntington, N.Y., gestured toward each of his daughters, an 11-year-old on his left and a 17-year-old on his right, to make clear why he marched. In Parkland students wore orange $1.05 tags to the march, a number they said was derived by dividing the number of students enrolled in Florida's schools by the money Rubio has received in support from the NRA.

Business Mukesh Ambani's son Akash Ambani engaged to Shloka Mehta
Author: 0 Mukesh Ambani's son Akash Ambani engaged to Shloka Mehta

According to reports , the wedding is being planned for December 2018. Akash Ambani , billionaire Mukesh Ambani's son proposed to Shloka Mehta , the daughter of Russell Mehta, who owns world's largest diamond trading company, Rosy Blue Diamonds.

Business Giannis-less Bucks roll past Bulls
Author: 0 Giannis-less Bucks roll past Bulls

Milwaukee Bucks All-Star Giannis Antetokounmpo will not play Friday night against the Chicago Bulls as he continues to rehab a right ankle injury. The Bulls shot 41.4 percent for the game despite going 12-for-26 on 3-point attempts. Spurs games have a slight tendency to finish under the total (54.8 percent).

Business Messi isn't missed as Argentina down Italy
Author: 0 Messi isn't missed as Argentina down Italy

Current City man Sergio Aguero is sidelined with a knee injury and won't travel to Madrid for the friendly against Spain . "We could have done more, but let's not forget we were facing the World Cup runner-up and this was a valuable match to gain experience", Di Biagio said.

Business John Boyega Reveals Whether Hed Take on the Role of Marvels Blade
Author: 0 John Boyega Reveals Whether Hed Take on the Role of Marvels Blade

Pacific Rim: Uprising is a sequel to the original sci-fi action film Pacific Rim co-written and directed by the visionary award-winning director , Guillermo del Toro which was released in 2013. The biggest cheer in the entire picture comes from one of her unexpected entrances. The first film was a modest success in the States but killed overseas (it had the sixth-biggest Chinese box-office opening for a Hollywood film) and that bears out in the sequel, which has entire plotlines in ...

Business Steve Wynn Sells Remaining Wynn Resorts Stake
Author: 0 Steve Wynn Sells Remaining Wynn Resorts Stake

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 18.1%, and has a solid year to date (YTD) performance of 6.13% which means that the stock is constantly adding to its value from the previous fiscal year end price.

Business Is P/E Ratio Alarming? - The Boeing Company, (NYSE: BA)
Author: 0 Is P/E Ratio Alarming? - The Boeing Company, (NYSE: BA)

Phillips 66 (NYSE:PSX) has risen 0.77% since March 24, 2017 and is uptrending. It has outperformed by 98.09% the S&P500. Its down 0.05, from 0.86 in 2017Q2. Tech stocks like Amazon and Microsoft were lower too, but Starbucks - which sees China as a crucial market - emerged relatively unscathed. The rating was maintained by Bernstein with "Outperform" on Monday, October 30.

Business Mark Zuckerberg finally weighs in on Cambridge Analytica
Author: 0 Mark Zuckerberg finally weighs in on Cambridge Analytica

Mark Zuckerberg's apology tour might not be over just yet. The crisis stems from Facebook policies that allowed third-party app developers to extract personal data about users and their friends from 2007 to 2014. And there have been several other high-profile Facebook missteps in the past two years. "Technology is an increasingly important trend in the world; the question is more the right regulation than should it be regulated".

Business Judge Tells Scott Walker He Can't Block Special Elections in Wisconsin
Author: 0 Judge Tells Scott Walker He Can't Block Special Elections in Wisconsin

She also accused his office of being hypocritical in advocating generally for a strict reading of laws while interpreting the relevant statute in this case in a way that undermined "the most basic constitutional guarantee". What makes the inaction especially ironic is that Walker created these vacancies his own self by appointing the two legislators in question (one member of the Senate, one member of the Assembly) to positions in his administration.

Author: 0 Markets Now: Dow Drops 111 Points as Trade War Escalates

Traders and financial professionals working on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in December a year ago. The S&P's financial sector was the S&P's biggest percentage loser, at 3 per cent, after a volatile session in which it was whip-sawed by volatile Treasury yields.

Business After apology, Zuckerberg to testify before US House committee
Author: 0 After apology, Zuckerberg to testify before US House committee

Nearly everyone you know probably has a Facebook account, making the social media platform an easy place to share all sorts of personal information with friends and family. "They are going to exert real pressure". Lawsuits from shareholders and Facebook users have also been filed . For example, it will remove developers' access to user data if you haven't used their app in three months.

Business Teachers Advisors LLC Trims Position in Nike (NKE)
Author: 0 Teachers Advisors LLC Trims Position in Nike (NKE)

The company also buys back its shares. Finally, SeaCrest Wealth Management LLC acquired a new position in shares of Nike during the 4th quarter valued at about $128,000. portfolio. The institutional investor held 69,469 shares of the consumer non-durables company at the end of 2017Q3, valued at $3.60 million, down from 105,289 at the end of the previous reported quarter.

Business Ant McPartlin charged with drink driving, court date confirmed for April 4
Author: 0 Ant McPartlin charged with drink driving, court date confirmed for April 4

Lisa and Ant split in January following the Saturday Night Takeaway host's first stint in rehab where he sought treatment for an addiction to prescription painkillers. The final episode was to be filmed in front of a live audience in the U.S., but Ant made the decision to pull out of filming it after a long conversation with his sidekick December.

Business Amazon Patent Imagines A Drone That Recognizes Hand Signals
Author: 0 Amazon Patent Imagines A Drone That Recognizes Hand Signals

The patent was filed in 2016 and granted this week. Depending on your response, the machine could release the parcel it's carrying, change its flight path to avoid crashing, ask a question, or cancel the delivery. On the other hand, Amazon explains that the drone will also be able to adjust its speed and the direction based on the recipient's indications. It would also come equipped with sensors including a depth sensor and cameras to detect visible, infrared, and ultraviolet light.

Business All-New 2019 Toyota Corolla Hatchback Debuts in NY
Author: 0 All-New 2019 Toyota Corolla Hatchback Debuts in NY

The new '19 Corolla hatchback is being billed by the automaker as its "most technologically advanced small auto". (38 mm) in overall length and wheelbase. Yes, all of that is standard, and models equipped with the CVT automatic also get paddle shifters, automatic high beams and full-speed range cruise control.

Business Oil Edges Up on Hopes for OPEC Cut Extension
Author: 0 Oil Edges Up on Hopes for OPEC Cut Extension

The crude oil prices have remained relatively stable on Thursday, backed by a surprise drop in U.S. reserves, as well as by the OPEC's ongoing quota deal. "And then we will hopefully by year-end identify the mechanism by which we will work in 2019". Morgan Stanley also cited a pick-up in seasonal demand in the coming month and geopolitical risk as potential supports for oil prices.

Business Bank of England keeps rates on hold but hints at May rise
Author: 0 Bank of England keeps rates on hold but hints at May rise

Furthermore, many USA corporations are concerned with the prospect of paying higher interest rates on loans as well as having to contend with a possible stock market correction - an eventuality that seems to limit demand for the "Greenback" whenever hawkish monetary policy measures are even mentioned.

Business Nike lifts S&P and Dow, chip stocks weigh on Nasdaq
Author: 0 Nike lifts S&P and Dow, chip stocks weigh on Nasdaq

Stocks fell on Friday, adding to their steep weekly losses, as investors assess the possibility of a trade war brewing between the USA and China. The Dow Jones industrial average lost 424.69 points, or 1.8 per cent, to 23,533.20. Peter Donisanu, an investment strategy analyst for the Wells Fargo Investment Institute, said the risk of a damaging trade war is still low because the Trump administration is targeting specific goods that aren't central to China's economy.

Business Weather: Nor'easter dumps over foot of snow on parts of LI
Author: 0 Weather: Nor'easter dumps over foot of snow on parts of LI

Winter storms also affected Philadelphia, Boston and NY and snowfall in those areas is predicted to be the heaviest. Interestingly, it isn't too brutal to have a snowstorm this late in the season in NY. A brisk wind and a light glaze of ice may also complicate travel. Combined that with wind gusts over 30 miles per hour and not only will that create limited visibility but unsafe driving conditions as well.

Business Elon Musk just deleted the Facebook pages for Tesla and SpaceX
Author: 0 Elon Musk just deleted the Facebook pages for Tesla and SpaceX

This follows allegations by a whistleblower that Cambridge Analytica improperly accessed users' information to build profiles on American voters that were later used to help elect U.S. He also took down the Tesla-owned Solar City account. Instagram is owned by Facebook. Musk's millions of followers on Twitter quickly jumped on the comment.

Business Federal Reserve raises interest rates for sixth time since financial crisis
Author: 0 Federal Reserve raises interest rates for sixth time since financial crisis

When it comes to projections for the coming years, Powell noted "real GDP is stronger, unemployment is lower [and] inflation is slightly higher". Markets participants are still trying to decipher the number of rate hikes this year - whether the Fed will stay at three increases as previously forecast by policy makers, or whether a fourth hike is possible.

Business Police Release Footage Of Uber Crash Amid Self-Driving Car Concerns
Author: 0 Police Release Footage Of Uber Crash Amid Self-Driving Car Concerns

A computer system then dictates what actions the vehicle takes. Herzberg's death is believed to be the first caused by an autonomous vehicle . "The video is disturbing and heartbreaking to watch, and our thoughts continue to be with Elaine's loved ones", an Uber spokeswoman said in a statement to CNET .

Business End begins for bankrupt Toys R Us
Author: 0 End begins for bankrupt Toys R Us

It was only last week that his firm had announced that it would be closing all its shops in United States and UK markets and seek protection under bankruptcy said a report in BBC . So you should assume that you're stuck with whatever you buy during the Toys "R" Us sale. One shopper says she bought a Babies R Us-specific crib, for example, but has since had trouble tracking down the corresponding toddler rail and conversion kit, since those items are not carried by competing retailers.

Business United gives $10K travel voucher to 'bumped' passenger
Author: 0 United gives $10K travel voucher to 'bumped' passenger

United couldn't board her because a seat broke on the plane, according to Preiss, and no one volunteered to give up a seat. She tweeted a play-by-play, even providing a picture of the $10,000 travel credit voucher provided by the airline for bumping her.

Business The Facebook-Cambridge Analytica 'Scandal' Is a Nothingburger
Author: 0 The Facebook-Cambridge Analytica 'Scandal' Is a Nothingburger

On Friday, the UK's High Court granted a warrant to enforcement officers working for the country's information commissioner to conduct a search at Cambridge Analytica's London headquarters. The Indian government demanded the name of the entities that engaged Cambridge Analytica, the method it used to get data and whether consent was sought from users.

Business Fischer-Backed Anti-Sex Trafficking Bill Passes Senate
Author: 0 Fischer-Backed Anti-Sex Trafficking Bill Passes Senate

John Hoeven, R-N.D., said in a statement the legislation will hold websites accountable for engaging in prostitution and sex trafficking. Internet safety activists and anti-sex trafficking advocates are jubilant over the Senate's passage of the FOSTA SESTA bill, calling it a "David and Goliath victory" against tech companies and traffickers.

Business Census estimates show population loss in area
Author: 0 Census estimates show population loss in area

Census Bureau reported in its annual release of updated population estimates. The national population estimate on Thursday afternoon, according to the Census Bureau, was 327,398,525. Chesterfield's population is estimated to have grown 8 percent since 2010, to 343,599. In the suburbs, the City and County of Broomfield notched the fastest growth of any metro county, at 2.8 percent, putting its latest population at 68,341.

Business China's Tencent loses US$51 billion in market value in two days
Author: 0 China's Tencent loses US$51 billion in market value in two days

The stocks were set to open at HK$405, the lowest opening price since 9 February. Tencent has now lost more than US$51 billion in market value in two days, having fallen 5 percent on Thursday - its steepest in over six weeks. Sgourdos said he has "zero" concern over Tencent's high valuation or about last quarter's revenue growth. While the investment has made Naspers the most valuable company in Africa, its market capitalization of about $122 billion lags well behind the value of the Tencent ...

Business McDonald's aims to cut carbon emissions by 36% by 2030
Author: 0 McDonald's aims to cut carbon emissions by 36% by 2030

RVOL compares a stock's current volume to its prior volume over a specific period. The stock has "Neutral" rating by Guggenheim on Thursday, December 1. The stock plunged -8.43 percent over the past quarter, while surged 1.72 percent over the past six months. And this year marks the 16th year in a row the sweet treat will return to stores for a limited run.

Business General Mills Q3 Operating Profit Falls Well Short Of Its Expectations
Author: 0 General Mills Q3 Operating Profit Falls Well Short Of Its Expectations

Grove Bank & Trust now owns 2,460 shares of the company's stock valued at $127,000 after acquiring an additional 1,878 shares during the period. It dived, as 81 investors sold General Mills, Inc . The company reported $0.79 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.78 by $0.01. On an organic basis, net sales fell 1% over the first nine months of General Mills' financial year but were up 1% in the third quarter.

Business NASA's nuclear hammer spacecraft to blow up asteroid
Author: 0 NASA's nuclear hammer spacecraft to blow up asteroid

The asteroid in question is called Bennu and the plan involves sending something that weighs almost 9 tons dubbed the "bulk impactor" to push the asteroid out of Earth orbit. Bennu is one of 10,000 near-Earth objects it has detected, though only 2,500 of these are estimated to be as large. Since then, it is planning to send some spacecraft to destroy this object.