Business


Chancellor brings forward business rates revaluation a year to 2020/21 Chancellor brings forward business rates revaluation a year to 2020/21
- March 15, 2018

Other announcements included a consultation on the role of cash in the new economy, including the possibility of withdrawing the 1p and 2p coins and £50 note. Previous year many businesses were shocked to see business rates suddenly increase, leading 44% to estimate that their annual expenses would rise by more than £1,000. (more...)
HSBC's women are paid 60 per cent less than men HSBC's women are paid 60 per cent less than men
- March 15, 2018

Figures from Europe's biggest bank on Thursday showed a gap in average hourly pay of 59% previous year, the biggest yet disclosed by a British bank . Last month, Asia-focused Standard Chartered reported a gap of 30 percent in Britain, while Virgin Money - the only major United Kingdom lender run by a woman - said its female staff earned on average 32.5 percent less per hour than its male workforce. (more...)
United Airlines calls dog's death in overhead bin a 'tragic accident' United Airlines calls dog's death in overhead bin a 'tragic accident'
- March 15, 2018

Gremminger said she, like the other passengers, was rummaging for her bags and looking for her coat when she "heard sobbing and gasping". "The dog barked for 30 to 35 minutes after takeoff", said Castano. "Pets are family", he wrote . After that incident, United set about trying to reform its image . All criminal charges are based on probable cause and, as always, we will conduct a thorough analysis of the investigative findings before making a charging decision. (more...)
Trump could hit China with tariffs in intellectual property dispute next week Trump could hit China with tariffs in intellectual property dispute next week
- March 15, 2018

The spokesperson did not provide details about how the Trump administration expects China to cut that deficit, according to the news service . European Union leader Donald Tusk urged U.S. EU Trade Commissioner Cecilia Malmstrom told the EU parliament that while the 28-nation bloc would continue to seek an exemption from the USA tariffs on imported steel and aluminum that could kick in next week, it will prepare countermeasures to hit US goods. (more...)
Leaked documents reveal Amazon Prime Video numbers Leaked documents reveal Amazon Prime Video numbers
- March 15, 2018

Significantly, the documents shed light on the financial strategy of Prime Originals - specifically, how Amazon's entertainment venture contributes to the growth of its Prime subscriber base, and overall subscription business profitability. (more...)
Shares in Schlumberger Limited. (SLB) Acquired by Independent Advisor Alliance
- March 15, 2018

The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.95 and a current ratio of 1.21. Over the last quarter, shares have performed 2.90%. ValuEngine downgraded shares of Schlumberger from a "hold" rating to a "sell" rating in a report on Thursday, March 1st. The stock has "Neutral" rating by Atlantic Securities on Tuesday, June 27. (more...)
IHeartMedia files for bankruptcy IHeartMedia files for bankruptcy
- March 15, 2018

While the San Antonio-based company bills itself as a multi-platform media company, it is best known for operating about 850 radio stations across the United States. "Achieving a capital structure that finally matches our impressive operating business will further enhance iHeartMedia's position as America's number one audio company". (more...)
Fast Growing Stock in Focus: Lowe's Companies, Inc. (NYSE:LOW)
- March 15, 2018

Lowes Cos Inc now has $72.77 billion valuation. The stock traded with the average Volume of 6.74 Million at the end of last session. Lowe's Companies declared that its board has approved a stock repurchase plan on Friday, January 26th that permits the company to repurchase $5.00 billion in shares. (more...)
Mallinckrodt PLC (MNK) Shares Sold by Teacher Retirement System of Texas
- March 15, 2018

Market worth or Market capitalization is calculated by multiplying the price of a stock by its total number of outstanding shares. After the giving short look at one day return of Starwood Property Trust, Inc.it is observed that STWD reported up return of 0.42% in last trading session. (more...)
Fisher Asset Management LLC Reduces Position in Gilead Sciences, Inc. (NASDAQ:GILD)
- March 15, 2018

The stock decreased 0.90% or $0.739 during the last trading session, reaching $80.981. About 6.53 million shares traded. It has underperformed by 16.70% the S&P500. Since October 2, 2017, it had 0 insider buys, and 13 sales for $41.72 million activity. $401,566 worth of Gilead Sciences, Inc. (NASDAQ:GILD) for 630 shares. (more...)
The Domino's Pizza (DPZ) Earns Media Sentiment Rating of 0.16
- March 15, 2018

It has outperformed by 3.59% the S&P500. The original version of this report can be read at https://stocknewstimes.com/2018/03/14/lazard-asset-management-llc-buys-new-stake-in-dominos-pizza-inc-dpz.html. The rating was maintained by Raymond James with "Buy" on Tuesday, December 5. Nomura maintained Domino's Pizza, Inc. The company was initiated on Tuesday, April 5 by Evercore. (more...)
WINTON GROUP Ltd Sells 4820 Shares of Goodyear Tire & Rubber Co (GT)
- March 15, 2018

JPMorgan Chase & Co. reduced their target price on shares of Cooper Tire & Rubber from $43.00 to $40.00 and set an "overweight" rating for the company in a report on Wednesday, February 21st. Cooper Tire & Rubber and Quanex Building Products are two of the stocks I have identified as undervalued. First Allied Advisory Serv Inc stated it has 4,437 shares or 0.01% of all its holdings. (more...)
Ford recalls almost 1.4M cars, says steering wheel can come loose Ford recalls almost 1.4M cars, says steering wheel can come loose
- March 15, 2018

The problem was first revealed five months ago when the U.S. National Highway Traffic Safety Administration opened an investigation. The issue appears to be the bolt that holds the steering wheel onto the steering column, which can loosen over time. (more...)
QuinStreet, Inc. (QNST)- Tech Stock in the Trader's Focus
- March 15, 2018

The stock decreased 0.89% or $0.165 during the last trading session, reaching $18.455. About 4.78M shares traded. Whittier Tru Of Nevada Inc invested 0% in Cypress Semiconductor Corporation (NASDAQ:CY). Alpha Windward Limited Liability stated it has 38,268 shares. California State Teachers Retirement Systems reported 0.02% stake. Amalgamated Bank holds 0.03% or 62,940 shares in its portfolio. (more...)
Strong 2017 for Adidas Strong 2017 for Adidas
- March 15, 2018

The group's Adidas brand saw an 18.1 per cent increase, driving the bulk of revenue with €19 billion (£16.9 billion) in sales, compared to its sister brand Reebok's €1.8 (£1.6 billion) in sales representing a 4.4 per cent rise, despite a drop in sales in the US. (more...)
Holder Aravt Global LLC Raised Baidu INC (BIDU) Holding
- March 15, 2018

The institutional investor acquired 4,534 shares of the information services provider's stock, valued at approximately $1,062,000. It has outperformed by 2.22% the S&P500. Raymond James upgraded Amazon.com, Inc. The rating was maintained by Bernstein with "Sell" on Friday, July 14. Bank of America maintained Baidu, Inc. (more...)
Safety of bottled water to be investigated after microplastics found Safety of bottled water to be investigated after microplastics found
- March 15, 2018

Popular brands' bottled water found contaminated with average of almost ten plastic particles a litter that may seeped in during the process of packaging, according to the latest worldwide research disclosed on Wednesday in Orb Media . Of the 259 bottles tested, only 17 were free of plastics, according to the study. The tests also showed a much greater number of even smaller particles that researchers said were also "likely plastic". (more...)
Analysts Expect International Business Machines Corp. (IBM) to Announce $2.37 EPS
- March 15, 2018

International Business Machs now has $146.76B valuation. The stock decreased 1.05% or $0.15 during the last trading session, reaching $14.16. The company's quarterly revenue was up 3.6% on a year-over-year basis. The firm has "Buy" rating by Jefferies given on Wednesday, August 2. Credit Suisse maintained International Business Machines Corporation (NYSE:IBM) on Tuesday, July 19 with "Underperform" rating. (more...)
Rhumbline Advisers Trims Position in American Airlines Group Inc (AAL)
- March 15, 2018

Net profit margin of American Airlines Group Inc . The company during the last trade was able to reach a volume of 1.43 million shares. According to Zacks, "Shares of American Airlines have outperformed its industry over the last six months". (more...)
Japanese Prime Minister and President Sirisena hold bilateral talks Japanese Prime Minister and President Sirisena hold bilateral talks
- March 15, 2018

Before the adjustment, the original document - drawn up in February 2015 by a Finance Ministry bureau in Osaka - included comments noting that Akie Abe took a tour of the proposed land and was quoted as saying,"This is good land; please proceed forward". (more...)
UK Government accused of treating air quality as 'box-ticking exercise' UK Government accused of treating air quality as 'box-ticking exercise'
- March 15, 2018

She said: "We need a new Clean Air Act to ensure the Government remains accountable for failures to achieve air quality commitments after the United Kingdom leaves the EU". "A step change in Government policy is now needed to address this". Sales of diesel cars have fallen from 47 per cent in 2016 to 37.8 per cent in 2017 while petrol and AFV registrations have increased. (more...)
A Look at Fidelity National Information Services, Inc
- March 15, 2018

Presently, 0.30% shares of Fidelity National Information Services, Inc. These shares now has a value of close to $8,771,563 US Dollars. (NYSE: FNF ) for 931,455 shares. Fidelity National Information Servcs Inc has a 12-month low of $78.89 and a 12-month high of $103.65. (NYSE:FIS). 194 are owned by Cornerstone Inc. Synovus Fincl holds 0.01% or 2,997 shares. (more...)
Research Analysis of Vipshop Holdings Limited (NYSE:VIPS)
- March 15, 2018

Investors measure stock performance on the basis of a company's earnings power. About 11.16M shares traded. Vipshop ( NYSE VIPS ) traded up $0.46 during trading on Wednesday, hitting $18.11. It has a 80.74 P/E ratio. Since January 1, 0001, it had 0 insider purchases, and 3 sales for $2.20 million activity. Evine Live Inc now has $81.58M valuation. (more...)
RBI has 'very limited authority' over state-run banks, says Urjit Patel RBI has 'very limited authority' over state-run banks, says Urjit Patel
- March 15, 2018

He listed out seven things that the RBI can not do when it comes to PSBs. Patel said there were numerous limitations in the RBI's powers over state-run lenders, such as its inability to remove directors, replace management, push through a merger or initiate liquidation. (more...)
Moyane: I feel secure as head of Sars Moyane: I feel secure as head of Sars
- March 15, 2018

South African Revenue Service (Sars ) commissioner Tom Moyane could find himself out of a job in a matter of days. "This criminal investigation is ongoing and SARS is fully co-operating with the investigation". He had been on suspension with full pay and benefits. The DA has written to parliament's finance standing committee chairman Yunus Carrim, asking him to request Moyane to submit the Hogan Lovells and advocate Motau reports on Jonas Makwakwa before March 13, DA spokesman Alf Lees ... (more...)

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