Business


US Sen. Warren predicts appeal in legal battle over consumer agency US Sen. Warren predicts appeal in legal battle over consumer agency
- November 29, 2017

Mulvaney occupied the director's office again Tuesday and sent a message to employees, telling them to disregard any e-mails or instructions from English. Stay tuned to RISMedia for more developments. Appointing Mulvaney, a "sitting White House official" and an outspoken critic of the bureau, to lead the agency would run counter to Congress's intent and explicit provisions, Gupta said. (more...)
Waymo-Uber Trial Delayed Over Claims Of Hidden Evidence Waymo-Uber Trial Delayed Over Claims Of Hidden Evidence
- November 28, 2017

Waymo is asking to postpone its trial against Uber Technologies scheduled to start Wednesday, saying its adversary hid potentially key evidence in the case. Jacobs said he learned of this activity through discussions at Uber with his manager and other colleagues. Anthony Levandowski, an engineer who left Waymo to spearhead Uber's self-driving auto unit, allegedly stole thousands of confidential documents on his way out the door, but Uber has maintained that those documents never reached its ... (more...)
Analytical Report on Marathon Oil Corporation (NYSE:MRO) Analytical Report on Marathon Oil Corporation (NYSE:MRO)
- November 28, 2017

Investec Asset Mngmt holds 1.79M shares. In other Marathon Petroleum news, insider Anthony R. Kenney sold 77,578 shares of the firm's stock in a transaction on Monday, November 6th. Marathon Petroleum (NYSE: MPC ) last released its earnings results on Thursday, October 26th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and ten have given a buy rating to the stock. (more...)
Analysts' Ratings Review: AK Steel Holding Corp (AKS)
- November 28, 2017

Stevens Capital Management LP bought a new position in United States Steel during the third quarter worth $275,000. Currently AK Steel Holding Corp (NYSE: AKS)'s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 66.5%. (more...)
Aung San Suu Kyi stripped of Oxford honor
- November 28, 2017

Francis' visit is the first by a pope to Myanmar, once known as Burma. "It was right to give the Freedom of the City to Aung San Suu Kyi in 1997 in recognition of her long struggle for democracy and her personal links to Oxford", the cross party motion read. (more...)
Comparable Company Analysis: Bank of America Corporation (BAC), Express, Inc. (EXPR) Comparable Company Analysis: Bank of America Corporation (BAC), Express, Inc. (EXPR)
- November 28, 2017

The stock rose 1.05% or $0.28 reaching $26.87. About 150 shares traded. Bank of America Corp (NYSE: BAC ) has risen 58.64% since November 28, 2016 and is uptrending. Bainco Invsts has 0.91% invested in Bank of America Corp (NYSE: BAC ). Hbk Sorce Advisory Limited Liability Corporation, a Pennsylvania-based fund reported 60,897 shares. (more...)
Needham May Have Just Lost Faith in Barracuda Networks (NYSE:CUDA) Needham May Have Just Lost Faith in Barracuda Networks (NYSE:CUDA)
- November 28, 2017

This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Barracuda Networks presently has an average rating of "Buy" and an average target price of $28.10. A number of equities analysts have commented on CUDA shares. Finally, TIAA CREF Investment Management LLC grew its holdings in Barracuda Networks by 51.7% during the first quarter. (more...)
Comcast Corporation (CMCSA) Shares Bought by Amalgamated Bank
- November 28, 2017

Comcast Corp New now has $166.41 billion valuation. The stock decreased 2.15% or $0.18 during the last trading session, reaching $8.19. About 12.96M shares traded. Wunderlich raised their price objective on Comcast from $45.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, April 28th. (more...)
Hot Trending Stock: Cognizant Technology Solutions Corporation (CTSH)
- November 28, 2017

It closed at Euro 71.4 lastly. Resource Capital Corp. (NYSE:RSO) has declined 23.76% since November 27, 2016 and is downtrending. It has underperformed by 11.20% the S&P500. Wood maintained NewStar Financial Inc (NASDAQ:NEWS) on Monday, April 4 with "Market Perform" rating. The investor is now holding $22.87 million shares due in part to a decrease of 8.92 million new shares in their portfolio. (more...)
Shell will build 80 high-power EV charging stations across Europe Shell will build 80 high-power EV charging stations across Europe
- November 28, 2017

Power behemoths that include Engie from France and E.ON from Germany, along with smaller participants like ChargePoint a USA startup, are all putting up vehicle charging networks across Europe, but Shell said that IONITY technology is the key to addressing problems with trip distances between charges. (more...)
OECD almost doubles 2017 growth forecast for Turkey to over 6 pct OECD almost doubles 2017 growth forecast for Turkey to over 6 pct
- November 28, 2017

The OECD said Hungary's economic growth will continue to rely on domestic demand. The Paris-based organization said wage growth and inflation remain moderate in major economies despite recovering employment conditions. But it would still be the weakest of the 19 countries covered by the OECD with the sole exception of South Africa, which is projected to grow by 1 per cent next year. (more...)
Scotiabank's Q4 profit inches up 3% amid Canadian, global growth Scotiabank's Q4 profit inches up 3% amid Canadian, global growth
- November 28, 2017

Spain's BBVA owns 68.19% of the unit while the Said family of Chile owns another 29%. Bank of Nova Scotia led off the fourth-quarter earnings season for Canada's largest banks with a 3-per-cent bump in profit, and bid $2.9-billion for a majority stake in a Chilean bank. (more...)
#GivingTuesday focuses on giving to organizations, local communities #GivingTuesday focuses on giving to organizations, local communities
- November 28, 2017

The holiday started six years ago. Today, it's grown into a global giving movement. Last year, $177 million was donated online, according to the Giving Tuesday website . The BBB has more tips on how to donate safely at Give.org. Giving Tuesday has become an annual day of giving. Follow this link , to find a portal that allows you to search for organizations participating in the challenge in your community. (more...)
2 planes clip wings at New York's JFK Airport; no injuries 2 planes clip wings at New York's JFK Airport; no injuries
- November 28, 2017

The Federal Aviation Administration says the other plane involved was EgyptAir Flight 986, a Boeing 777 headed to Cairo. Passengers on the Virgin flight took pictures of the damaged EgyptAir wing tip following the accident at about 7pm last night. (more...)
Economy Watch: Retailers Enjoy Solid Black Friday Economy Watch: Retailers Enjoy Solid Black Friday
- November 28, 2017

The Corporation employees Amazon said that in the first five hours of "Black Friday" customers bought more than two hundred different products. The day has become more about the experience of shopping, rather than the actual discounts, AlixPartners LLP cohead of retail consulting David Bassuk said. (more...)
SoftBank reportedly offering to buy Uber shares at steep discount SoftBank reportedly offering to buy Uber shares at steep discount
- November 28, 2017

SoftBank and partners including investment firms Dragoneer Investment Group and General Atlantic are offering to spend over Dollars 6 billion for the stake, some 30 percent lower than Uber's most recent valuation. SoftBank eyed Uber shares as the ride-hailing company has had an abysmal 2017: The company's co-founder and former CEO Travis Kalanick resigned under pressure from investors; its biggest US competitor has gained ground against it; and the company faces a high-profile lawsuit from ... (more...)
Jury selection begins for trial of Turkish bank executive Jury selection begins for trial of Turkish bank executive
- November 28, 2017

U.S. Judge Richard Berman announced on November 27 as jury selection got under way on the case that Reza Zarrab will not not stand trial and that Turkish banker Mehmet Hakan Atilla "is the only defendant in this trial". Attilla has pleaded not guilty to charges alleging he violated US sanctions against Iran by processing hundreds of millions of dollars' worth of financial transactions for Iranian businesses or Iran's government through American banks. (more...)
United Kingdom banks could cope with 'disorderly' Brexit, says Bank of England United Kingdom banks could cope with 'disorderly' Brexit, says Bank of England
- November 28, 2017

Barclays emerged with the smallest headroom. In a statement, Barclays said: "Barclays was not asked to submit a revised capital plan by the Bank of England in light of the steps already taken during 2017". On a number of measures this is a significantly tough scenario, even though the rise in interest rates would only take us back to just below pre-financial crisis levels. (more...)
Graphic Japanese whaling footage released after five-year legal battle Graphic Japanese whaling footage released after five-year legal battle
- November 28, 2017

Japanese vessels left for Antarctic waters earlier this month to kill more than 300 whales for "research" purposes. The footage released by Sea Shepherd conservation group shows the men using a harpoon on a whale before dragging its injured body on to their boat. (more...)
Cyber Monday Expected to Hit Record Cyber Monday Expected to Hit Record
- November 28, 2017

If you go to a major website such as Macy's , Kohl's or JC Penney you want to look for extra site-wide savings or bonus deals. Now we are talking. Shelton says, you should shop for clothes today. She says Cyber Monday is only about 10% of Black Friday sales but it's another way to encourage people to shop local. (more...)
VZ Crosses Above Key Moving Average Level VZ Crosses Above Key Moving Average Level
- November 28, 2017

Insider ownership decreased by a total of 3330 shares, which suggests that VZ's key executives are feeling less optimistic about the outlook for the stock. It also reduced Ishares Russell 1000 Growth Et (IWF) stake by 3,517 shares and now owns 41,137 shares. Noble Energy Inc (NYSE:NBL) was raised too. Therefore 27% are positive. (more...)
BTIG Research Downgrades Square (SQ); First Philippine Fund (FPF) Has 1.45 Sentiment BTIG Research Downgrades Square (SQ); First Philippine Fund (FPF) Has 1.45 Sentiment
- November 28, 2017

FMR LLC raised its position in Square by 848.3% in the fourth quarter. Almanack Investment Partners LLC. bought a new stake in shares of Square during the 2nd quarter valued at about $117,000. About 38.59M shares traded or 167.99% up from the average. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . (more...)
NXP Semiconductors NV (NASDAQ:NXPI)
- November 28, 2017

Nxp Semiconductors N V now has $39.67 billion valuation. The share price was last seen -0.43% lower, reaching at $114.65 on November 24, 2017. The institutional investor held 140,000 shares of the electrical products company at the end of 2017Q2, valued at $1.11 million, down from 187,835 at the end of the previous reported quarter. (more...)
Net Neutrality: TRAI favours providing equal access to content Net Neutrality: TRAI favours providing equal access to content
- November 28, 2017

Trai's recommendations assume significance especially in the global context, at a time when the U.S. plans to repeal its existing rules on net neutrality, which will essentially allow telecom companies in the United States to restrict broadband speeds and favour their own services. (more...)
NZ Police releases new recruitment campaign video NZ Police releases new recruitment campaign video
- November 28, 2017

The video was initially launched on New Zealand Police Recruitment Facebook page , where it has since been viewed over one million times. In recent years, New Zealand has provided us with some absolutely surreal and hilarious brilliant comedy films and TV shows - check out Flight of the Conchords, Hunt for the Wilderpeople, Back of the Y, Black Sheep and Boy for proof of this - so we're not exactly surprised to see that this sense of humour extends into their police force. (more...)