Business


Axis Bank CEO Shikha Sharma to step down by end of 2018 Axis Bank CEO Shikha Sharma to step down by end of 2018
- April 10, 2018

While the board has accepted Sharma's request, it has to be passed by the RBI now. In December last year, while Axis bank's Board cleared Sharma's fourth term in the bank for the next years, the reappointment was yet to be cleared by the Reserve Bank of India. (more...)
Will Rusal default on some liabilities due to new sanctions? Will Rusal default on some liabilities due to new sanctions?
- April 10, 2018

The value of Deripaska's aluminium producer Rusal halved in Hong Kong and more than 40% was wiped off the value of his London-listed EN+ as investors took fright at the potential impact. On Friday, Deripaska described the U.S. sanctions as "groundless, ridiculous and absurd". 'Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government's destabilizing activities'. (more...)
Pacific Heights Asset Management LLC Has Lowered Bhp Billiton LTD (BHP) Stake Pacific Heights Asset Management LLC Has Lowered Bhp Billiton LTD (BHP) Stake
- April 09, 2018

Keywise Capital Management Ltd who had been investing in Tal Ed Group for a number of months, seems to be less bullish one the $ market cap company. The stock increased 0.09% or $0.02 during the last trading session, reaching $22.99. RCI's profit will be $310.68M for 18.44 P/E if the $0.62 EPS becomes a reality. After $0.19 actual EPS reported by NextEra Energy Partners, LP for the previous quarter, Wall Street now forecasts 115.79% EPS growth. (more...)
Ford Recall: SUVs for transmission shifter problem Ford Recall: SUVs for transmission shifter problem
- April 09, 2018

The vehicles affected are 2018 Ford Expeditions and F-150s with 10-speed automatic transmissions and F-650s and F-750s with six-speed automatic transmissions. Ford will let affected owners know during the week of April 16 and dealers will check to make sure everything was installed correctly. Ford announced two safety recalls Friday affecting about 350,000 of its popular-selling pickups and full-size sport utility vehicles. (more...)
Q4 2017 Sentiment Walt Disney Co (NYSE:DIS) Q4 2017 Sentiment Walt Disney Co (NYSE:DIS)
- April 09, 2018

The stock decreased 0.27% or $0.16 during the last trading session, reaching $59.65. Several other institutional investors have also modified their holdings of WMT . It has a 11.56 P/E ratio. The firm operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and ... (more...)
First National Trust Co Raises Holdings in Amazon.com, Inc First National Trust Co Raises Holdings in Amazon.com, Inc
- April 09, 2018

AMZN outperformed the S&P 500 by 65.23%. (NYSE:HON). Benedict Fincl Advsrs stated it has 27,566 shares or 2.04% of all its holdings. Ubs Oconnor Llc who had been investing in Hyatt Ho for a number of months, seems to be bullish on the $8.89 billion market cap company. (more...)
Zuckerberg can unsend Facebook messages, and soon you can too Zuckerberg can unsend Facebook messages, and soon you can too
- April 09, 2018

Under what criteria Facebook would "authorize" ad buyers, the company did not say directly in the post. Restricting access to user data could make targeted ads less effective. Chief Executive Officer Mark Zuckerberg , who will testify at USA congressional hearing next week, has changed tack by communicating directly with the press in interviews, and a group conference call late on Wednesday. (more...)
Deutsche Bank's Sewing to become new group CEO
- April 09, 2018

A spokeswoman for Deutsche Bank declined to comment. Late Saturday, Deutsche Bank confirmed that the Sunday meeting would take place.?After a supervisory board meeting, that board's president, Paul Achleitner, would notify the overall board by phone about any decisions taken. (more...)
Jimmy Kimmel Tries to End Feud With Sean Hannity, Apologizes for Joke Jimmy Kimmel Tries to End Feud With Sean Hannity, Apologizes for Joke
- April 09, 2018

Jimmy Kimmel is embracing the "love trumps hate" motto, calling for an end to his feud with Fox News' Sean Hannity after a lengthy back-and-forth on social media. He rolled a series of Kimmel clips, mostly from the comedian's days as a co-host of Comedy Central's " The Man Show ", that featured segments showing Kimmel with an exaggerated fake erection, asking women to find something hidden in his trousers and going up to random women in the street asking if they wanted to have sex with him. (more...)
IShares Edge MSCI Multifactor Intl (INTF) Declines 0.31% for April 6
- April 09, 2018

When it comes to equity investing, being too confident may be just as detrimental as not being confident enough. Some analysts believe that the ADX is one of the best trend strength indicators available. This range falls on a scale between 0 and 100. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". (more...)
PNB fraud: CBI court issues warrants against Nirav Modi, Mehul Choksi PNB fraud: CBI court issues warrants against Nirav Modi, Mehul Choksi
- April 09, 2018

Even while they were underway, 143 fraudulent LoUs were issued from PNB to the Hong Kong based branches of Allahabad and Axis banks to release Rs 11,400 crore. "In the case ED suspects involvement of as many 40 shell structures", said one of the two people cited above. Earlier, the probe agency had claimed to have traced Mr Modi to Hong Kong and the external affairs ministry had sent a request to that country for his provisional arrest. (more...)
Exxon Mobil Corp (NYSE:XOM) Sentiment Worsens in Q4 2017
- April 09, 2018

The company has a market capitalization of $322,131.84, a price-to-earnings ratio of 20.86, a PEG ratio of 1.14 and a beta of 0.91. Closing price generally refers to the last price at which a stock trades during a regular trading session. Virginia-based Davenport & Commerce has invested 0% in The Goodyear Tire & Rubber Company (NASDAQ:GT). Balyasny Asset Mgmt Ltd Company reported 0.38% stake. (more...)
UFC 223 Cheat Sheet: Rose Namajunas vs. Joanna Jedrzejczyk UFC 223 Cheat Sheet: Rose Namajunas vs. Joanna Jedrzejczyk
- April 08, 2018

Incredibly, Chiesa kept hold of his tooth-pick the whole time. UFC 223 should be an exciting night of fights. Both men have since been pulled from the fight card. "Yes, I did (think about not fighting)", Namajunas said during a press conference after UFC 223. The striking range Namajunas sets is tricky, and Jedrzejczyk, for all her world-class skill, is a relatively stationary foe. (more...)
Kinder Morgan Inc (NYSE:KMI) Shifting Institutional Investors Sentiment Kinder Morgan Inc (NYSE:KMI) Shifting Institutional Investors Sentiment
- April 08, 2018

Also, the number of active investment managers holding Kinder Morgan Inc in their top 10 equity positions decreased from 26 to 23 for a decrease of 3. (NYSE: KMI ) earned "Overweight" rating by Morgan Stanley on Friday, November 17. Finally, ValuEngine lowered Kinder Morgan from a "hold" rating to a "sell" rating in a research report on Thursday , March 1st. (more...)
Dow tumbles more than 700 points amid mounting trade war fears Dow tumbles more than 700 points amid mounting trade war fears
- April 08, 2018

The Dow Jones Industrial Average finished with a gain of 1.0 percent at 24,264.30, after opening the session more than two percent in the red. For the week, the S&P 500 was down 1.4 percent, the Dow was down 0.7 percent and the Nasdaq was down 2.1 percent. (more...)
Segantii Capital Management LTD Lifted Alibaba Group Hldg LTD (BABA) Position
- April 08, 2018

The stock decreased 2.88% or $3.49 during the last trading session, reaching $117.7. About 18.21M shares traded. Lee Enterprises, Incorporated (NYSE:LEE) has declined 24.53% since April 7, 2017 and is downtrending. $184,924 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by FergusonMchugh MaryLynn. 4,756 were reported by Koch Industr Inc. Analysts await Align Technology, Inc. (more...)
Facebook's disappearing message saga is the act of a company in turmoil Facebook's disappearing message saga is the act of a company in turmoil
- April 08, 2018

The firm denies that, saying it licensed data for no more than 30 million - and none of it was used in the work it did on the 2016 US presidential election. Zuckerberg is scheduled to testify before Congress on April 10 and 11. You can delete them , sure ... but that won't delete them from the recipient's data file. (more...)
Conor McGregor Has to Have Class After Bus Attack Conor McGregor Has to Have Class After Bus Attack
- April 08, 2018

Mayweather told Showtime sports that if he comes out of retirement it would be against the wishes of his trusted adviser Al Haymon. "It is possible I do come back, but if I do come back, it has to be in the Octagon". A criminal complaint stated McGregor had flung a handcart into the window of the bus, shattering glass on UFC fighters Ray Borg and Michael Chiesa. (more...)
After WhatsApp, 'unsend' your messages on Facebook Messenger soon After WhatsApp, 'unsend' your messages on Facebook Messenger soon
- April 08, 2018

Facebook had said that executives' messages were deleted in the name of "corporate security", but now the social network has once again been forced to apologize to users. Facebook has already required political ads to verify who is paying for them and where the advertiser is located. Well, what's worth noting is that normal users don't have any such functionality to retract sent messages from recipients' inboxes , which is what has infuriated a lot of users. (more...)
Pakistani PM to visit Afghanistan in a bid to strengthen troubled ties Pakistani PM to visit Afghanistan in a bid to strengthen troubled ties
- April 08, 2018

The Taliban have not officially responded but have reiterated their demand to talk to the United States before holding talks with Kabul . A statement issued by the Afghan presidential palace after the meeting said the two sides discussed counterterrorism, Afghan-led peace talks and border violations. (more...)
CBI questions Rajiv Kochhar for third day in Videocon loan case CBI questions Rajiv Kochhar for third day in Videocon loan case
- April 08, 2018

There was speculation in the media as to whether the CBI had named Chanda as well in its PE report. The CBI is now conducting what is called a preliminary enquiry (PE) into charges of corruption and nepotism with regards to loans given to the Videocon Group with whom Deepak Kochhar had a business partnership. (more...)
Giants game rained out by Giants game rained out by "Pineapple Express", rescheduled as doubleheader
- April 08, 2018

Saturday's game was also pushed back by two hours to a 3:05 p.m. PDT. The Dodgers are 9-21 in the last 30 meetings in San Francisco, 10-4 in the last 14 meetings and 10-3 in Kershaws last 13 starts vs. The Giants blew a lead for the first time this year, actually two. The Dodgers' lead was short-lived as Belt put the Giants ahead with an RBI double off Pedro Báez in the bottom of the sixth. (more...)
YouTube Shooter's Strange Videos Key To Suspected Motive YouTube Shooter's Strange Videos Key To Suspected Motive
- April 08, 2018

The brother said he was so concerned that he drove to San Francisco on the morning of the shooting to find her and was nearly there when the family was notified of the shooting . The woman who launched a gun attack at YouTube's California headquarters compared the company to Adolf Hitler. The other two gunshot victims, a 32-year-old woman and a 27-year-old woman, were released after spending less than a day at the hospital. (more...)
Sheryl Sandberg Says Facebook Users Would Have to Pay for Total Privacy Sheryl Sandberg Says Facebook Users Would Have to Pay for Total Privacy
- April 07, 2018

Put simply, the firm's two billion-plus users have been able to use the site without paying in exchange for surrendering a wealth of personal information to advertisers, according to the Daily Mail . But as the social media giant's massive data scandal has highlighted, a free Facebook membership has always come with a cost. "That's on us", she added. (more...)
Cool it! India urged to curb emotions after Pakistan video nasty Cool it! India urged to curb emotions after Pakistan video nasty
- April 07, 2018

With four gold , India took its medal tally to six medals in three days at the Commonwealth Games in Gold Coast . He further became the first Indian to win gold in the 85 kg weight category at the Games. "It went down to the last piece, you can't write it", said Wilson. There was no visible delirium on his face as he knew he could have done really better as he had totalled 351 kg in the Commonwealth Championship previous year. (more...)

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