Business


HSBC pays 300mn Euro to settle French probe of Swiss bank HSBC pays 300mn Euro to settle French probe of Swiss bank
- November 16, 2017

Governments around the world are working to clamp down on tax evasion, given public anger at the perception that the richest members of society may not be paying their full dues. The French-Italian dual citizen worked as a computer scientist at HSBC in Geneva and stole the data of some 15,000 clients in 2006 and 2007. Investigators believe that HSBC's private banking division offered its customers several ways of hiding assets from the French taxman, notably via the use of offshore tax ... (more...)
Southwest Airlines pilot arrested for bringing loaded handgun to airport Southwest Airlines pilot arrested for bringing loaded handgun to airport
- November 15, 2017

The pilot was scheduled to fly on flight 1106 to Las Vegas. Officials from the St. Louis Airport, however, only confirmed to TMZ that only one pilot had been arrested. Prosecutors must now decide whether to file charges. Firearms may be transported in checked baggage, as long as they are declared to the airline, in a proper carrying case and unloaded, but they are prohibited from carry-on luggage, according to the TSA. (more...)
Forever 21 Investigating Credit Card Data Breach Forever 21 Investigating Credit Card Data Breach
- November 15, 2017

If you used a credit or debit card at Forever 21 between March and October, your card's information may have been compromised. However, the company did reveal that as encryption and token-based authentication systems were implemented back in 2015, "only certain point of sale (PoS) devices in some Forever 21 stores were affected". (more...)
Two Stocks To Trade Now: CoreSite Realty Corporation (COR), Redfin Corporation (RDFN)
- November 15, 2017

Pioneer Investment Management Inc added to its holdings by buying 118,096 shares an increase of 12.1% in the quarter. The company now has a P/E ratio of 38.89 and the market cap of the company is 10.25B. Insiders have sold 10,549 shares of company stock valued at $593,646 in the last ninety days. Ontario Teachers Pension Plan Board accumulated 26,961 shares. (more...)
Mizuho Analysts Give Gilead Sciences, Inc. (GILD) a $77.00 Price Target Mizuho Analysts Give Gilead Sciences, Inc. (GILD) a $77.00 Price Target
- November 15, 2017

The SI to Gilead Sciences Incorporated's float is 1.51%. About 2 shares traded. Magic Software Enterprises Ltd (NASDAQ:MGIC) has risen 25.56% since November 15, 2016 and is uptrending. Robert W. Baird downgraded OFS Capital Corp (NASDAQ:OFS) rating on Monday, August 7. The rating was maintained by Stifel Nicolaus on Friday, September 22 with "Buy". (more...)
Crude palm oil futures up by 0.28%
- November 15, 2017

Energy Department data on Wednesday. The Energy Information Administration is out with the government's numbers this morning. The data also showed distillate stocks in the U.S. Crude prices came under pressure after the EIA revealed a somewhat downbeat outlook for oil demand in its monthly report, forecasting weakness in global demand growth, while warning that global oil markets will be oversupplied through the second quarter of 2018. (more...)
Uncertainty over release of Mahira Khan's Verna in Pakistan Uncertainty over release of Mahira Khan's Verna in Pakistan
- November 15, 2017

Owing to this, the movie's big Lahore premiere also got cancelled on Tuesday. The film has been directed and produced by Shoaib Mansoor under his company Shoman Productions. The film is expected to be reviewed by a full-board today that will decide the fate of the much-awaited flick. Starring Mahira Khan and Haroon Shahid in striking lead roles, the news is not received well by fans that were eagerly waiting for the film to hit cinema houses this month. (more...)
Pope Francis Gets Personalized Lamborghini Pope Francis Gets Personalized Lamborghini
- November 15, 2017

The Huracan sports vehicle, which boasts a 610 metric horsepower, was blessed by the pontiff, who bent to scrawl his signature on its gleaming bonnet before it was sent off to Sotheby's auction house. Proceeds from that sale went to benefit a homeless shelter and soup kitchen near Rome's Termini train station. The money will go towards helping displaced Christians in Iraq, victims of trafficking and prostitution, and Italian charities working in countries in Africa. (more...)
CVS Health Corporation (NYSE:CVS) Continuing to Trade Below Moving Averages
- November 15, 2017

CVS Health Corporation is a pharmacy innovation company. At the close of regular trading, its last week's stock price volatility was 1.4% which for the month reaches 1.38%. Robert W. Baird initiated CVS Health Corp (NYSE:CVS) rating on Friday, January 22. Clifford Swan Inv Counsel Ltd Liability has invested 0.03% in CVS Health Corp (NYSE:CVS). (more...)
Cleaner Euro-VI fuels launch in polluted Delhi advanced to 2018 Cleaner Euro-VI fuels launch in polluted Delhi advanced to 2018
- November 15, 2017

Currently, BS-IV is being followed but the government had earlier decided on skipping BS-V altogether to implement the BS-VI norms. Oil refining companies are making huge investments in fuel up gradation projects to produce the BS-VI grade fuels, the Ministry of Petroleum & Natural Gas said in its release on Wednesday. (more...)
Earnings on the Doorstep For Target Corporation Earnings on the Doorstep For Target Corporation
- November 15, 2017

Target was down 20.93% for the year. Other institutional investors have also made changes to their positions in the company. And Target has also been expanding its online services including now shipping online orders from 1,400 of its 1,800 stores for faster delivery. (more...)
Greggs 'sorry' for swapping Saviour for sausage Greggs 'sorry' for swapping Saviour for sausage
- November 15, 2017

Unfortunately, rather than the door revealing a tasty morsel, you will instead find a token, that you then take into one of Greggs' shops and exchange it for a different treat every day. The image shows the Three Wise Men around the crib with a sausage roll in place of Jesus. James Mather said: "I'm no prude, but equating Jesus, a Jew, to a sausage roll really is deeply offensive on all sorts of levels". (more...)
Cyber Monday Tops Black Friday For Holiday Shopping Cyber Monday Tops Black Friday For Holiday Shopping
- November 15, 2017

You can review the Thanksgiving Day 2016 Openings List to get a better idea of all of the stores to expect this year. Many retailers will open on Thanksgiving, but the majority will hit their beds early, in preparation of Friday's sales. (more...)
Walmart partners with department store Walmart partners with department store
- November 15, 2017

Moody's retail analyst Charlie O'Shea said, "The announcement that Walmart would begin offering Lord & Taylor merchandise on its website in 2018 is yet another indication of the verve with which Walmart is attacking online sales". FILE PHOTO - The Lord & Taylor flagship store building is seen along Fifth Avenue in the Manhattan borough of New York City, U.S., October 24, 2017. But despite its store muscle, Wal-Mart has failed to replicate that success online. (more...)
Stock Intraday Alert: Delta Air Lines, Inc. (DAL)
- November 15, 2017

The total number of shares traded in the last 12 months is 1.38 million. Insider Trading Activity for Delta Air Lines, Inc . (NYSE: DAL ) closed November 14 at $48.86, down -12.36% or $6.89 from its record high price of $55.75. Therefore 100% are positive. 202,184 were reported by South Dakota Investment Council. On Friday, April 7 the stock rating was maintained by Evercore with "Outperform". (more...)
Bharti Airtel sells part of Infratel stake Bharti Airtel sells part of Infratel stake
- November 15, 2017

The stock now trading at Rs 400.6, down by Rs 10.5 or 2.55% from its previous closing of Rs 411.1 on the BSE . Proceeds from this share sale will be utilized to reduce Bharti Airtel's total debt. Both Vodafone India and Idea as customers and ATC TIPL as a mobile network infrastructure provider have agreed to treat each other as long-term preferred partners, subject to existing arrangements. (more...)
Nuclear reactors unaffected by magnitude 5.4 quake: KHNP Nuclear reactors unaffected by magnitude 5.4 quake: KHNP
- November 15, 2017

South Korea was hit by a major 5.4 magnitude natural disaster earlier today. Devin, like you said the 5.4 magnitude quake hit the northern region of Korea's coastal city of Pohang at around half-past-two this afternoon. The residents of Pohang were told to evacuate and reports emerged about buildings shaking following the tremors. Following the quake, Paik Un-gyu, minister of trade, industry and energy, convened an emergency meeting via conference call to check major energy facilities, ... (more...)
Toyota, Mazda Said to Narrow Choice to N. Carolina, Alabama Toyota, Mazda Said to Narrow Choice to N. Carolina, Alabama
- November 15, 2017

CBS North Carolina will update this story as it develops. Toyota confirmed in August that the plans for the $1.6 billion joint vehicle factory will have an annual capacity of 300,000 units and create around 4,000 jobs for the area that is chosen. (more...)
World's Most Beautiful Diamond Sold For $33.7 Million At Geneva World's Most Beautiful Diamond Sold For $33.7 Million At Geneva
- November 15, 2017

A team of 10 specialists in NY cut the jewel from a rough 404-carat stone discovered in Angola past year, the biggest diamond ever found in that country. Diamonds are one of the world's best-known and most precious and sought-after gemstones since ancient times. He also said that it also gave him a big headache as there was an huge pressure of "dressing" such an unbelievable diamond and doing something out of the box, as reported by Sky News. (more...)
Comerica Bank Has $41.79 Million Holdings in Schlumberger NV (SLB) Comerica Bank Has $41.79 Million Holdings in Schlumberger NV (SLB)
- November 15, 2017

It has underperformed by 20.00% the S&P500. Ecor1 Capital Llc increased its stake in Ironwood Pharmaceuticals Inc (IRWD) by 29.19% based on its latest 2017Q2 regulatory filing with the SEC. (NASDAQ:CVGI). Eam Invsts Limited Liability Company has invested 0.1% in Commercial Vehicle Group, Inc. According to their observations and findings, the stock could provide a high EPS of $0.49/share and a low EPS of $0.44/share. (more...)
Simple Moving Average Analysis of Walgreens Boots Alliance, Inc. (WBA)
- November 15, 2017

Pinpointing the next great trade could be just around the corner, but it may take some hard work and enhanced focus. Walgreens Boots Alliance had 44 analyst reports since August 24, 2015 according to SRatingsIntel. The more stable the company, the lower the score. The higher the ROE, the better the company is at generating profits. Ever wonder how investors predict positive share price momentum? The average true range is a moving average, generally 14 days, of the true ranges. (more...)
Raises Its Position in Jetblue Airways Cp (JBLU) Last Quarter
- November 15, 2017

The transportation company reported $0.55 EPS for the quarter, topping the Zacks' consensus estimate of $0.52 by $0.03. Toronto Dominion Bank acquired a new stake in JetBlue Airways Corporation during the 3rd quarter valued at approximately $9,264,000. (more...)
Chip-Gear Maker Kulicke & Soffa Jumps After Earnings Beat
- November 15, 2017

Riley & Co on Thursday, June 29. The analyst recommendations from a month ago are 5 Buy, 0 Overweight, 3 Sell, 10 Hold and 0 Underweight. Therefore 55% are positive. owned approximately 0.05% of Kulicke and Soffa Industries at the end of the most recent quarter. The company said its bottom line totaled $36.58 million, or $0.51 per share. (more...)
Wizz Air orders 146 A320neo Family jets Wizz Air orders 146 A320neo Family jets
- November 15, 2017

The airline had announced orders for 288 planes as of the end of October. Airline pioneer Bill Franke placed a historic order for 430 Airbus A320neo-family jets on Wednesday, doubling down on investments in ultra-low cost airlines that offer bargain ticket prices coupled with a slate of extra fees. (more...)
Marcus Rashford Says He Models His Game on Brazil Star Ronaldo Marcus Rashford Says He Models His Game on Brazil Star Ronaldo
- November 15, 2017

Ronaldo was Rashford's inspiration, and also the favorite player of his brother Dwaine. Recounting the night he watched the double-World Cup victor score a memorable hat-trick, Rashford says: "My first ever game that I saw live, he was playing in it". (more...)