Finance


Did cash crunch keep wholesale inflation subdued in December? Did cash crunch keep wholesale inflation subdued in December?
- January 16, 2017

India's wholesale inflation slowed more than estimated in the first full month following Prime Minister Narendra Modi's clampdown on cash, as food prices plunged. "According to World Bank data, worldwide iron ore prices rose 9.6% on month in December", Cogencis said. Fuel and Power inflation also rose sharply to 8.65% in December from 7.07% in November, and core inflation was up at 2.2% in December as compared to 1.6% in November. (more...)
Paris peace conferees warn Trump against recognizing Jerusalem as Israel's capital Paris peace conferees warn Trump against recognizing Jerusalem as Israel's capital
- January 16, 2017

President-elect Donald Trump to move the embassy to Jerusalem. France called the gathering to reaffirm global support for a two-state solution to the seven-decade-old conflict, seen as increasingly reclusive. "One can not have such a clear-cut, unilateral position. You have to try to create the conditions for peace", he told France 3 TV. In what was seen as a last-ditch effort, Mr Kerry spoke of Israel's intransigence and unwillingness to curb settlement activity in unreserved language. (more...)
Marissa Mayer resigning from Yahoo board as remaining company renames itself Altaba Marissa Mayer resigning from Yahoo board as remaining company renames itself Altaba
- January 16, 2017

In the only change that took effect Monday, Yahoo director Eric Brandt became the company's chairman. "The end of the Marissa Mayer era - it looks like her plan is to complete the sale of the operating company to Yahoo and let the lawyers and tax accountants figure out the best option for the stakes in Alibaba and Yahoo Japan", said Paul Sweeney, an analyst at Bloomberg Intelligence. (more...)
Khaidi No 150 5th Day Box Office Collection : Chiranjeevi movie… Khaidi No 150 5th Day Box Office Collection : Chiranjeevi movie…
- January 16, 2017

Khaidi No. 150 Box Office Collection: A.R. Murugadoss' Tamil action drama movie Kaththi had surpassed several box office records back in 2014 and the Telugu version of the film has taken a step forward as Khaidi No. It is still doing good business with good occupancy ratio in Andhra Pradesh and Telangana. Check out the box office collection report at the box office. (more...)
Wealth disparity worsening, Oxfam study finds Wealth disparity worsening, Oxfam study finds
- January 16, 2017

The gap between rich and poor was far greater than feared, and the charity has called for an overhaul of a "warped" economy that allows one in nine people to go hungry. Between 1988 and 2011 the incomes of the poorest 10% increased by just $65, while the incomes of the richest 1% grew by $11,800 - 182 times as much. The report said that seven out of 10 people live in a country where inequality has worsened over the past three decades. (more...)
Indian Budget Carrier SpiceJet to Buy Up to 205 Boeing Jets Indian Budget Carrier SpiceJet to Buy Up to 205 Boeing Jets
- January 16, 2017

SpiceJet, all-Boeing jet operator, placed its first order with Boeing in 2005 for Next-Generation (NG) 737s and now operates 32 737 NGs in its fleet. SpiceJet, which has a current fleet of more than 40 planes, will take delivery of the first of its new jets in the third quarter of 2018, said, Dinesh Keskar, senior vice president of Asia Pacific & India Sales at Boeing . (more...)
Petrol, diesel prices up by Rs1.77, Rs2 a litre Petrol, diesel prices up by Rs1.77, Rs2 a litre
- January 16, 2017

Informing further in the matter, Dar said that the price of petrol was hiked not more than that recommended by OGRA. It was the fourth increase for petrol in 6 weeks, and diesel rate was raised by second time in a fortnight. State-run oil companies - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation - revise fuel rates on the 1st and 16th day of each month based on global prices. (more...)
Def Leppard, Poison, Tesla shredding the fieldhouse in May Def Leppard, Poison, Tesla shredding the fieldhouse in May
- January 15, 2017

The live video clip is from the band's recently announced concert film, "And There Will Be A Next Time - Live From Detroit", which will be released. on February 10. "I could not be more excited", said Poison frontman Michaels in a press release. I know all of us will give one thousand percent on stage and we are looking forward to performing our hits together. (more...)
Ford cancels Mexico plant, expands US factory
- January 15, 2017

Plans call for the new vehicle to have a range of at least 300 miles. Immediate speculation emerged that Ford had made a deal with Trump, but Fields denied that in an interview with CNN . As the company explained through a tweet , its makes the vast majority of compact Chevrolet Cruzes in Lordstown, a village in the United States itself. (more...)
Donald Trump And Russia Unverified Allegations Have Gone Viral Donald Trump And Russia Unverified Allegations Have Gone Viral
- January 15, 2017

The dossier, which contains numerous unconfirmed allegations, claims that the Russians began to cultivate Mr Trump five years ago. The president-elect then turned his attention to his former rival, Hillary Clinton. Most of the President-elect's Twitter message remains unsupported or false beyond the fact that Clapper spoke with Trump . Two US officials said Tuesday evening that the allegations, which one called "unsubstantiated", were contained in a two-page memo appended to a report ... (more...)
The Zacks Investment Research Downgrade The Advisory Board Company (ABCO) to Sell
- January 15, 2017

The average stock price target is $43.27 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell. (more...)
Oil price surges on production cut Oil price surges on production cut
- January 15, 2017

Even though many experts have warned that oil prices substantially higher than $50 would cause USA producers to ramp up production, thus contributing to the global glut and potentially compelling participants in the Organization of the Petroleum Exporting Countries' (OPEC) cutback agreement to reverse course, the United Arab Emirates says $50 "isn't going to cut it" for producers in the Arab countries. (more...)
American Apparel announces closure of LA headquarters, all 110 USA stores American Apparel announces closure of LA headquarters, all 110 USA stores
- January 15, 2017

Because Gildan is not interested in American Apparel retail locations, it's likely the 110 United States stores will shutter by the end of April, once the 100 days remaining on the stores' leases are up. Gildan has yet to decide whether American Apparel products will continue to be made in the United States, but is expected to disclose more details about its integration plan during its February 23 conference call discussing its full-year results. (more...)
Won't let Nawaz Sharif wriggle out of Panama accountability: Imran Won't let Nawaz Sharif wriggle out of Panama accountability: Imran
- January 15, 2017

In a message on Twitter, Imran Khan called the prime minister's decision to join the forum as a supreme irony. Talking to media persons outside the Supreme Court after Panama case hearing, he said that it has been proved that Prime Minister has no link with the above mentioned allegations as his name was not included in the Panama papers. (more...)
Derma Sciences Inc. (NASDAQ:DSCI) has current Market Capitalization of $196480 Derma Sciences Inc. (NASDAQ:DSCI) has current Market Capitalization of $196480
- January 15, 2017

Integra LifeSciences Holdings Corporation is estimated to report earnings on 02/23/2017. IART has been the topic of a number of recent research reports. has 52 week low of $27.38 and a 52 week high of $45.50 with a price-earnings ratio of 55.33. Integra LifeSciences Holdings Corporation ( NASDAQ:IART ) opened at 42.37 on Friday. (more...)
Amazon to add 1000 jobs in state Amazon to add 1000 jobs in state
- January 15, 2017

Washington News broke the news a few hours ago and has sent a prime wave in the market as Amazon reveals its plan to create 100,000 jobs in next 18 months. Numerous positions will be in new fulfillment centers that have been announced in recent months and are now under construction in Texas , California, Florida , New Jersey and other states. (more...)
Fighter jet crashes during airshow in Thailand's Hat Yai, killing pilot Fighter jet crashes during airshow in Thailand's Hat Yai, killing pilot
- January 15, 2017

According to Straits Times , defence ministry spokesman Major General Kongcheep Tantravanich said: "One pilot was killed in the accident this morning". The airport is expected to be reopened by afternoon. The cause of the crash is not yet known and a committee has been set up to investigate. Prime Minister Prayut Chan-o-ocha and ACM Jom Roongsawang expressed condolences to the pilot's family. (more...)
The Vetr Inc. Upgraded ENERGY TRANSFER PARTNERS (ETP) to Hold
- January 15, 2017

They issued an "overweight" rating and a $50.00 target price on the stock. "Based on this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold. ILLEGAL ACTIVITY WARNING: This piece was originally reported by Sports Perspectives and is owned by of Sports Perspectives. Energy Transfer Equity, L.P. (more...)
Revenue Estimates Analysis of: Abbott Laboratories (NYSE:ABT) Revenue Estimates Analysis of: Abbott Laboratories (NYSE:ABT)
- January 15, 2017

Finally, Bank of America Corporation reiterated a "buy" rating on shares of Abbott Laboratories in a research report on Monday, September 19th. The rating firm issued a Buy rating to this company in a research note released on Jun 21, 2016. (more...)
Brokers Recommendations on: Mondelez International, Inc. (NASDAQ:MDLZ)
- January 15, 2017

Over the past five trading sessions it is -0.72%; 1.88% for the month; 2.05% for the last quarter; -8.56% for the past six-months; and -11.05% for the last 12 months. A number of equities research analysts recently commented on MDLZ shares. Zacks Investment Research raised shares of Mondelez International from a "sell" rating to a "hold" rating in a research note on Wednesday, October 26th. (more...)
Oil rises and buyers are cautious amid the rise of the dollar Oil rises and buyers are cautious amid the rise of the dollar
- January 15, 2017

Saudi Arabia will consider renewing its pledge to cut crude output in six months and has already reduced production by more than its targeted level, Energy Minister Khalid Al-Falih said . They will decide how they will do this when they meet first on January 22 at Opec headquarters in Vienna. "Since January, we have been in contact with many countries [from which] we have seen no reaction to the cuts", Mr Almarzooq said, adding that the committee is encouraging them to be transparent about ... (more...)
CLSA Equities Analysts Cut Earnings Estimates for General Motors Company (GM)
- January 15, 2017

Stock has got outperform rating from 3 analysts of Thomson Reuters whereas 1 analyst given hold rating to the stock. Its Price to Cash Flow ratio shows the value of 2.29, whereas, the industry and sector ratio of Price to Cash Flow ticked at 14.31 and 592218.21 respectively. (more...)
Virginia Retirement Systems ET AL Sells 150000 Shares of Exelon Corporation (EXC)
- January 15, 2017

BlackRock Fund Advisors raised its position in Exelon Corporation by 5.2% in the second quarter. APG Asset Management N.V. now owns 2,365,836 shares of the energy giant's stock valued at $86,022,000 after buying an additional 1,066,600 shares during the period. (more...)
Boeing Confirms SpiceJet Deal For 100 New 737 Max 8 Orders Boeing Confirms SpiceJet Deal For 100 New 737 Max 8 Orders
- January 15, 2017

SpiceJet, whose market share is only lower than Indigo, Jet Airways and Air India, is the only Indian low-cost carrier with a Boeing fleet. A source told Reuters on Thursday that SpiceJet was set to announce an order for as many as 100 new planes. (more...)
Citizens Financial Group, Inc. (NYSE:CFG) Dividend Payout At $0.12
- January 15, 2017

Citizens Financial Group, Inc. This figure was $0.12 a share in the analogous period preceding year confirming deviation of 15%. The firm has a SMA 50 (Simple Moving Average) of 1.98% and a SMA 200-(Simple Moving Average) of 10.41%. (The) during the second quarter valued at about $304,000. There were more than a few analysts who recently mentioned the stock in their research. Barclays PLC lifted their price target on shares of PNC Financial Services Group, Inc. (more...)
Sanchez Energy Corporation (SN) Chairman Antonio R. Sanchez, Jr. Sells 82573 Shares
- January 15, 2017

The Massachusetts-based Baldwin Brothers Ma has invested 0% in Sanchez Energy Corp (NYSE:SN). Analyst's mean target price for ADBE is $122.16 while analysts mean recommendation is 1.90. The company reported ($1.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $1.22. The firm's revenue for the quarter was up.3% compared to the same quarter previous year. (more...)
Stock's Earning Overview: Cabot Oil & Gas Corporation (NYSE:COG)
- January 15, 2017

They are also projecting the Low EPS estimate as $0.01 as compared to the Higher EPS estimate of $0.31. Over the past five trading sessions shares of Cabot Oil & Gas Corporation (NYSE:COG) are -1.63%; -4.22% for the month; -6.57% for the last quarter; -11.5% for the past six-months; and 42.36% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. (more...)
The Cwm LLC Boosts Position in Exxon Mobil Corporation (XOM) The Cwm LLC Boosts Position in Exxon Mobil Corporation (XOM)
- January 15, 2017

The sell-side analysts are projecting earnings per share of $0.85 for the next fiscal quarter. Sell-side research firms now have a consensus one year price target of $39.73 on the stock according to First Call. COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this news story on another website, it was stolen and reposted in violation of USA & global trademark & copyright law. (more...)
Infosys expects Donald Trump to be biz-friendly Infosys expects Donald Trump to be biz-friendly
- January 15, 2017

Under the IFRS, revenue growth declined 1.4 per cent sequentially to $2,551 million for Q3 from $2,587 million in second quarter but rose 6 per cent annually from $2,407 million in like period year ago. While Indian software exporters, including Infosys, are pushing new digital services such as cloud computing and analytics, the scale of adoption has not kept pace with the mounting competition from large global IT majors such as Accenture. (more...)
Girl Scout cookies will go on sale this Friday Girl Scout cookies will go on sale this Friday
- January 15, 2017

When consumers purchase a box of Girl Scout S'mores cookies or any other variety of cookies, they are investing in a girl's future and can feel good that their purchase powers experiences for girls. The money earned by cookie sales then goes back to the troops to fund activities and outreach projects that benefit the Girl Scouts and their communities. (more...)
The Time Warner Inc. (TWX) Stake Boosted by the Whittier Trust Co The Time Warner Inc. (TWX) Stake Boosted by the Whittier Trust Co
- January 15, 2017

Time Warner (NYSE:TWX) last released its earnings results on Wednesday, November 2nd. Earnings, with 33 analysts believing the company would generate an Average Estimate of $1.19. Finally, Zacks Investment Research downgraded Time Warner from a "buy" rating to a "hold" rating in a research note on Tuesday, October 18th. According to ZACKS data, different Brokerage Firms rated TWX stock about their BUY, SELL or HOLD recommendations. (more...)
Mexico's president: We will not pay for the wall Mexico's president: We will not pay for the wall
- January 15, 2017

Speaking to a group of Mexican diplomats, Peña Nieto outlined his country's efforts to sign an updated free-trade agreement with the European Union, as tensions grow between the USA and Mexico in the wake of Trump's election. These are the areas covered in Peña Nieto's speech , as well as the issues underlying each one. "Build the wall!" supporters would chant at his rallies. (more...)
Aubameyang hopes Gabon learn from late equaliser Aubameyang hopes Gabon learn from late equaliser
- January 15, 2017

A 52nd minute strike by skipper Pierre Emerick Aubameyang was cancelled by Juary Soares in the 90th minute to earn a point. Other teams in Group A are Cameroon and Burkina Faso. The ball found it way out to Bouanga on the right side of the penalty area and his low drive back through the six-yard box was stabbed in by Aubameyang at the far post. (more...)
National Grid plc 10.4% Potential Decrease Indicated by Credit Suisse National Grid plc 10.4% Potential Decrease Indicated by Credit Suisse
- January 15, 2017

Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. This means 33% are positive. The business, to be wholly owned by National Grid, generated £56 million in operating profits previous year. "Also Marketwatch.com published the news titled: "/quotes/zigman/3870025/realtime" on May 29, 2009. (more...)
Deutsche Indicates Potential -12.7% Decrease In Shares Of Lloyds Banking Group Deutsche Indicates Potential -12.7% Decrease In Shares Of Lloyds Banking Group
- January 15, 2017

Delineated as the total market value of all outstanding shares of the company, the current market cap for the Lloyds Banking Group plc is valued at 57529.42. While looking at the Stock's Performance, Lloyds Banking Group plc now shows a Weekly Performance of 2.17%, where Monthly Performance is 4.78%, Quarterly performance is 24.15%, 6 Months performance is 11.74% and yearly performance percentage is -15.68%. (more...)
Antero Resources Corporation (AR) Given Buy Rating at BMO Capital Markets Antero Resources Corporation (AR) Given Buy Rating at BMO Capital Markets
- January 15, 2017

Analysts are also projecting an Average Revenue Estimate for Antero Resources Corporation as $763.06 Million in the Current Quarter. The firm's revenue was up 29.3% compared to the same quarter a year ago. Bridgeway Cap Mgmt has 0.64% invested in the company for 1.59 million shares. Shell Asset Management Co. raised its position in Antero Resources Corporation by 18.7% in the second quarter. (more...)
Mexican president weighs on the border wall issue
- January 15, 2017

But their messages didn't exactly match up. Much like a hungover political science student rereading their work from the night before, policymakers from both the US and Mexico are scratching their heads on how to construct the president-elect's enormous campaign promise of a wall that will run along the nearly-2,000-mile Southern border. (more...)
Barratt Developments PLC (LON:BDEV) Receives 'Add' Rating From Brokers At Numis Barratt Developments PLC (LON:BDEV) Receives 'Add' Rating From Brokers At Numis
- January 15, 2017

LONDON-Barratt Developments PLC (BDEV.LN) Thursday said demand for house builds remained strong after it recorded an increase in forward sales during the six months ended December 31 and said it expects a 7% year-on-year rise in pretax profit. (more...)
French Authorities To Investigate Renault for Emissions Fraud French Authorities To Investigate Renault for Emissions Fraud
- January 15, 2017

The company has denied installing emissions-cheating software in its auto pollution control systems. Renault shares fell 4 percent on Friday but had clawed back some ground, trading down 2.4 percent by mid-session versus a 0.5 percent rise on the STOXX Europe 600 Automobiles index. (more...)
Ways Trump Cabinet Nominees Disagreed With Him Ways Trump Cabinet Nominees Disagreed With Him
- January 15, 2017

Retired General James Mattis, the nominee for defense secretary, told the Senate Armed Services Committee that Russian Federation is the "principal threat", and that the USA has seen little success from years of trying to positively engage. (more...)

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