Business


Mukesh Ambani's daughter engaged to Anand Piramal Mukesh Ambani's daughter engaged to Anand Piramal
- May 06, 2018

The two families, reports said, have already begun the process of finalising the date of marriage. People aware of the development said the couple celebrated the occasion at a lunch with their parents Nita, Mukesh, Swati and Ajay. After heading back to India, Anand also became the youngest-ever president of the Indian Merchant Chamber - Youth Wing. Twenty-six-year-old Isha Ambani has a Bachelor's degree in psychology and South Asian studies from Yale University, and is pursuing an MBA ... (more...)
Qualcomm (QCOM) Releases Q3 Earnings Guidance
- May 06, 2018

The shares now trade at $50.26 and have been able to report a change of 1.03% over the past one week. For the Current month, 6 analysts have assigned this stock as Buy where 3 assigned Outperform, 16 analysts believe it's a Hold, 0 said Underperform and only 0 assigned Sell rating. (more...)
Sapphire Star Partners LP Trims Stake in Merck & Co. (MRK)
- May 06, 2018

Drexel Morgan & Company who had been investing in Merck & Co Inc for a number of months, seems to be bullish on the $155.50B market cap company. The stock decreased 0.75% or $0.15 during the last trading session, reaching $19.76. (NYSE:MRK). Indiana Trust & Invest Mgmt holds 0.1% in Merck & Co., Inc. Arizona State Retirement holds 0.4% or 729,421 shares in its portfolio. Haverford Tru has 716,547 shares for 0.79% of their portfolio. (more...)
7 miners missing in Poland after tremor hits coal mine 7 miners missing in Poland after tremor hits coal mine
- May 06, 2018

Polish news agency PAP said family members of the missing miners had gathered at the mine and were being counselled by psychologists. Daniel Ozon, said the latest miner rescued from the Zofiowka colliery was taken to an underground base Sunday, where a doctor would check him. (more...)
Newell Brands Inc (NWL) Anticipated to Announce Quarterly Sales of $3.06 Billion Newell Brands Inc (NWL) Anticipated to Announce Quarterly Sales of $3.06 Billion
- May 06, 2018

It has outperformed by 2.01% the S&P500. Skylands Capital Llc holds 0.05% in Newell Brands Inc . Cibc World Markets Inc bought 4,400 shares as the company's stock rose 3.67% while stock markets declined. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.83 and a current ratio of 1.41. It dropped, as 122 investors sold NWL shares while 201 reduced holdings. (more...)
McDonald's Big Mac lover now at 30000 consumed -- and counting McDonald's Big Mac lover now at 30000 consumed -- and counting
- May 06, 2018

Television cameras and the regional McDonald's franchise owner were there on Friday to mark the event. 'It's pretty much two Big Macs a day'. In accordance with the retired jail guard, he's eaten not less than one Massive Mac a day since Could 17, 1972. (more...)
Mahira Khan heads to Cannes Film Festival Mahira Khan heads to Cannes Film Festival
- May 06, 2018

He added: " We love Cannes ". The previous year, when the streaming giant premiered Okja and The Meyerowitz Stories (New and Selected) in the official competition, there was an outcry from exhibitors and a vigorous debate about the rightful place of streaming. (more...)
Iran Accuses US of Violating Terms of Nuclear Deal, Bullying, Perjury Iran Accuses US of Violating Terms of Nuclear Deal, Bullying, Perjury
- May 05, 2018

Withdrawing from the nuclear deal would give Iranian hardliners the justification they are looking for to re-engage the weapons program. Iran's foreign minister said on Thursday that the nation will not renegotiate the 2015 Iran nuclear deal following President Trump's fast-approaching deadline to pull out of the deal. (more...)
Air France CEO to resign after employees reject salary package Air France CEO to resign after employees reject salary package
- May 05, 2018

The move coincided with Air France-KLM's release of first-quarter earnings, which showed a net loss of 269 million euros ($322 million), weighed down by three days of strikes during the period which cost about 25 million euros per day according to the company. (more...)
US Government Bonds Rise on Slow Wage Gains US Government Bonds Rise on Slow Wage Gains
- May 05, 2018

On the earnings front, AIG shares dropped 5.3 percent after the insurer reported a lower-than-expected quarterly profit, while Cardinal Health tumbled 21.4 percent after the drug distributor cut its annual earnings forecast. Inflation in the bloc, at 1.2 percent, fell short of expectations in the first quarter of the year, while the figure after stripping out the effects of energy, processed food, alcohol and tobacco was even more dramatically low at 0.7 percent. (more...)
Forbes names Roswell Park on best employer list Forbes names Roswell Park on best employer list
- May 05, 2018

Michelin has been ranked No. 1 by Forbes magazine among the best large employers in the U.S.in 2018. "This important recognition is due in great part to our teamwork, respect for each other, open communication, and family atmosphere. FlightSafety International is the world's premier professional aviation training company and supplier of flight simulators, visual systems and displays to commercial, government and military organizations. (more...)
United Airlines employee appeared drunk on plane United Airlines employee appeared drunk on plane
- May 05, 2018

Twitter user Erika Gorman described the incident saying, "Drunk and disorderly-belligerent flight attendant". "Boarding announcements were 'if your seatbelt isn't fastened, you f-ed up, '" he added. According to Click 2 Houston , the stewardess was not arrested when the flight landed. The airline also compensated the passengers as "gesture of good will". (more...)
Estimated 600 people evacuated by Arizona fire Estimated 600 people evacuated by Arizona fire
- May 05, 2018

Crews would continue to mop up and patrol the fire throughout the night. A wildfire burning in north-central Arizona was sparked by an abandoned campfire in an area where burning was banned because of the unsafe fire conditions, officials said. (more...)
European Union launches battle for bigger post-Brexit budget European Union launches battle for bigger post-Brexit budget
- May 05, 2018

Although overall spending is due to rise slightly, to more than 1.1 trillion euros ($1.3 trillion) over the 2021-2027 budget cycle, the commission has proposed a roughly 5 percent cut in cohesion funding to poorer regions, the EU's second most expensive program after agriculture subsidies. (more...)
Wells Fargo (WFC) Shares Sold by Cypress Capital Group Wells Fargo (WFC) Shares Sold by Cypress Capital Group
- May 05, 2018

The stock decreased 1.56% or $0.81 during the last trading session, reaching $50.99. Keefe Bruyette & Woods upgraded the shares of WFC in report on Tuesday, January 12 to "Outperform" rating. Some buy side analysts are also providing their Analysis on Wells Fargo & Company, where 4 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 4 said it's a HOLD, and 0 analysts rated the stock as Sell. (more...)
Waymo autonomous vehicle concerned in crash in Arizona Waymo autonomous vehicle concerned in crash in Arizona
- May 05, 2018

A self-driving van from Waymo - the autonomous vehicle company that started as a Google project - was involved in a auto crash in Chandler, Arizona. That Waymo employee suffered minor injuries due to the impact, but that reportedly is the extent of injuries today. The report does not indicate whether there were any injuries sustained by the occupants of the Honda sedan. (more...)
Allscripts Healthcare Solutions, Inc. (MDRX) — Trending Stock Analysis Allscripts Healthcare Solutions, Inc. (MDRX) — Trending Stock Analysis
- May 05, 2018

The insider now directly owns 1,351,773 shares worth $15,572,425. Funds holding Allscripts Healthcare Solutions Inc in top 10 decreased from 4 to 3 for a decrease of 1. Systematic Fincl Mngmt Lp has 2.12M shs for 0.62% of their capital. Smithfield Tru Communications invested in 830 shs. ( NASDAQ :MDRX). 50,340 are owned by Proshare Advisors Ltd Com. (more...)
NTSB Opens Docket for San Francisco International Airport Incident NTSB Opens Docket for San Francisco International Airport Incident
- May 05, 2018

The plane came very close to striking a flight lined up on the taxiway. The Mercury News report that the first officer onboard the flight asked air traffic controllers: "Just want to confirm this is Air Canada 759 we see some lights on the runway there across the runway". (more...)
Buffett's Berkshire Hathaway buys 75 million more Apple shares Buffett's Berkshire Hathaway buys 75 million more Apple shares
- May 04, 2018

With a blend of wisdom and common sense, Buffett is more than just one of the most successful investors in American history. Berkshire's newly revealed first-quarter purchase of Apple shares " brought down our cash position moderately". (more...)
Musk Takes Aim at Two Analysts for Pushing 'Tesla Short Thesis' Musk Takes Aim at Two Analysts for Pushing 'Tesla Short Thesis'
- May 04, 2018

Musk also brushed away concerns that Tesla shares are too volatile for some investors to stomach. The questions were " neither valid nor pertinent ", Musk tweeted , urging people to ignore the thread unless they were interested in "a tedious discussion about Tesla stock". (more...)
Carnick & Kubik Group LLC Invests $2.76 Million in Express Scripts (ESRX)
- May 04, 2018

The stock decreased 0.96% or $0.73 during the last trading session, reaching $75.14. About 1.18M shares traded. Express Scripts Holding Company (NASDAQ: ESRX ) has risen 8.93% since May 3, 2017 and is uptrending. During the past six months, Express Scripts Holding Company (NASDAQ: ESRX)'s stock has been 22.00% and 24.54% for the last 12 months. The hedge fund run by Michael Lowenstein held 675,000 shares of the medical and nursing services company at the end of 2017Q4, valued at $50.38 ... (more...)
Analysts Set Prudential Financial (PRU) Target Price at $117.70
- May 04, 2018

Geode Capital Management LLC now owns 4,456,237 shares of the financial services provider's stock valued at $511,299,000 after purchasing an additional 137,541 shares during the last quarter. Virginia-based Thompson Siegel & Walmsley Llc has invested 0.07% in Prudential plc (LON:PRU). Wealthtrust owns 0.01% invested in Prudential plc (LON:PRU) for 140 shares. (more...)
Duo arrested at Starbucks settle with city and coffee chain Duo arrested at Starbucks settle with city and coffee chain
- May 04, 2018

Starbucks and the men said Wednesday that the full terms of the financial settlement will remain confidential. Robinson and Nelson intend to focus the public reaction to their arrest toward providing opportunities for young people from underserved communities. (more...)
Oil steady as U.S. decision on Iran sanctions looms Oil steady as U.S. decision on Iran sanctions looms
- May 04, 2018

The global benchmark hit a 3-1/2-year closing high of $75.17 on Monday. At 08:50 a.m. EDT on Friday, WTI Crude was up 0.47 percent at $68.75, while Brent Crude was trading up 0.52 percent at $74.00. Trump has all but chose to withdraw from the 2015 Iran nuclear accord by May 12, sources said, though exactly how he will do so remains unclear. Iranian Foreign Minister Mohammad Javad Zarif accused the USA of "bullying" businesses into putting off investments in the Middle East nation, ... (more...)
Broken window prompts Newark-bound Southwest flight to divert to Cleveland
- May 04, 2018

In another, she said: "Yes Southwest". The National Transportation Safety Board (NTSB) said it found six crack lines on the fan blade that separated and tore through the engine's cowling during Southwest Flight 1380. The NTSB initially thought a blade, which showed cracks consistent with metal fatigue , broke off and damaged the cowling, left wing, left horizontal stabilizer and fuselage. (more...)

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