Business


Yellen and Draghi Both Defend Post-Crisis Financial Regulation
- August 28, 2017

But Yellen's speech Friday likely didn't help her case. Meanwhile, investors were not expecting Ms Yellen to make a policy statement at Jackson Hole , but some market participants were hoping for some signal on the Fed's planned balance sheet reduction, if not on the outlook for rate hikes. (more...)
Production Launched Of HAL's 5.8-Ton Light Combat Helicopter Production Launched Of HAL's 5.8-Ton Light Combat Helicopter
- August 28, 2017

The joint venture says it aims to sell approximately 300 Advanced Hawks across the world from India or United Kingdom or from both the plant depending upon the demand from buyers. "This should change", Jaitely said while launching the project. "Therefore, our ability to produce people who can be world leaders in research and technology would really be second to none", he said. (more...)
Which Stocks To Invest? - Scripps Networks Interactive, Inc. (SNI), Olin Corporation (OLN)
- August 28, 2017

Shapiro Capital Management Llc decreased Scripps Networks Inter ( SNI ) stake by 47.93% reported in 2016Q4 SEC filing. New South Capital Management Inc cut its ownership by shedding 28,762 shares a decrease of 1.9% in the quarter. 68 funds opened positions while 140 raised stakes. Nomura Hldg Incorporated has 0% invested in Scripps Networks Interactive, Inc . (NASDAQ: SNI ) is performing 20.81%. (more...)
Fed chief defends controls on banks
- August 28, 2017

She disagreed with the position of President Donald Trump and Congressional Republicans that the regulatory burden is strangling lending and has hamstrung the economy. She added: "A resilient financial system is critical to a dynamic global economy ". "He might be one of the top financial market analysts in the world, but he's a novice at monetary policy , and you can not come in as the chair of the Fed as a novice and not understand the way monetary policy works", Olson said on CNBC. (more...)
Analysts says Galaxy Note 8 lacks 'wow-factor' Analysts says Galaxy Note 8 lacks 'wow-factor'
- August 28, 2017

Battery safety could be one of the biggest concerns of those thinking of getting a Galaxy Note 8 , especially after Samsung's major roadblock past year (exploding Note 7 units due to faulty battery ). Interestingly, Koh highlighted the fact that the Note 8 comes with a 10-nanometer processor that's created to boost the handset's power efficiency by 30 percent, as per The Investor . (more...)
Commissionerate Police issues advisory for parents — Blue Whale game Commissionerate Police issues advisory for parents — Blue Whale game
- August 28, 2017

An engineering student was stopped from killing himself in West Bengal after his college authorities alerted the CID about his involvement in the risky online game, the Blue Whale Challenge . He said that on Sunday evening Parth, who was busy on the mobile phone, suddenly went into his room and locked the door from inside. The move came after a Class 10 girl in Dhanakauda of Sambalpur district committed suicide on August 23 which is suspected to have links with the online Blue Whale ... (more...)
European shares hit two-week low as euro surges
- August 28, 2017

The stability of the current system guards against a repeat, she said, while outside analysts have noted that it could also free central bankers to leave interest rates lower instead of worrying about the impact of those low rates on financial markets . (more...)
Ball Of A Time For Malaysia With Hoop Gold Ball Of A Time For Malaysia With Hoop Gold
- August 28, 2017

Another two more gold from squash are assured from the all-Malaysian men's and women's singles finals also scheduled tonight. THOUSANDS of football fans turned rowdy after waiting since 3am at the Shah Alam Stadium, where only a few counters were opened to sell tickets to the Sea Games final between Malaysia and Thailand tomorrow. (more...)
Top Stock Picks for the Day: Callon Petroleum Company (CPE), AmerisourceBergen Corporation Top Stock Picks for the Day: Callon Petroleum Company (CPE), AmerisourceBergen Corporation
- August 28, 2017

Callon Pete Co Del now has $2.10 billion valuation. Brenham Capital Management Lp, which manages about $155.66 million and $623.65 million US Long portfolio, upped its stake in Parsley Energy Inc (NYSE:PE) by 250,000 shares to 2.65M shares, valued at $93.39M in 2016Q4, according to the filing. (more...)
Oil slips almost 3 pct as U.S. refineries shut ahead of Harvey
- August 28, 2017

Oil is steady today, holding gains from the previous session after another fall in United States crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico . Gulf of Mexico crude output capacity and almost 15 percent of natural gas production had been halted by midday on Thursday, government data showed. The Port of Corpus Christi , Texas, was closed to vessel traffic, a spokeswoman for the city's Port Authority said. (more...)
Gilead Sciences, Inc. (GILD) Position Cut by Clifford Swan Investment Counsel LLC Gilead Sciences, Inc. (GILD) Position Cut by Clifford Swan Investment Counsel LLC
- August 28, 2017

The Cwm Llc holds 36,211 shares with $2.59 million value, up from 3,094 last quarter. The stock rose 2.52% or $1.86 reaching $75.65. Waddell & Reed Financial Inc controls 434,300 shares worth $45,024,000. LEE EUGENE I JR sold $8.16 million worth of stock or 98,124 shares. Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.04, from 1.04 in 2016Q3. (more...)
Nike's (NKE) Nike's (NKE) "Buy" Rating Reiterated at Stifel Nicolaus
- August 28, 2017

The stock has "Sector Perform" rating by Scotia Capital on Tuesday, June 27. The company was downgraded on Monday, January 9 by Raymond James. Piper Jaffray maintained Nike Inc (NYSE: NKE ) on Friday, September 25 with "Overweight" rating. 4,800 are held by Westwood Management Corp Il. Lansdowne Prtnrs (Uk) Ltd Liability Partnership reported 17.05M shares. Bnp Paribas Inv Prtn Sa owns 1.27 million shares. (more...)
Amazon Prime members can expect these perks at Whole Foods Amazon Prime members can expect these perks at Whole Foods
- August 28, 2017

Grocery store shares tumbled after Amazon said its purchase of Whole Foods will go through on Monday . The $13.7 billion deal is set to go through August 28, and if all goes as planned, Whole Foods shoppers will see some prices drop immediately, according to the Washington Post . (more...)
Daiwa Securities Group Inc. Decreases Position in Navient Corporation (NAVI)
- August 28, 2017

Jefferies maintained it with "Hold" rating and $1600 target in Monday, June 19 report. Keefe Bruyette & Woods maintained Navient Corp (NASDAQ: NAVI ) on Friday, July 14 with "Buy" rating. LSV Asset Management boosted its position in shares of Navient Corporation by 10.5% in the first quarter. (NYSE:GIS). The Colorado-based Janus Capital Mngmt Ltd Liability Corp has invested 0.2% in General Mills, Inc. (more...)
Amazon's acquisition of Whole Foods Market: What it means
- August 28, 2017

In addition to the lower-priced grocery items Amazon noted in its announcement last week , workers said this weekend that Whole Foods' private label products - like those labeled with "365 Everyday Value" - will also be discounted. There were also non-Whole Foods employees with the group wearing "visitor" stickers - perhaps Amazon employees helping manage the transition. Lower prices are the first of many changes Amazon is planning to make after completing its $13.7 billion acquisition ... (more...)
Petrol Price up to Rs 6/litre, Diesel Prices hick Rs 3.67 Petrol Price up to Rs 6/litre, Diesel Prices hick Rs 3.67
- August 28, 2017

Petrol, Diesel prices hiked up to 6/-, and Diesel price up to Rs 3.67. The daily revision in petrol and diesel prices was introduced on June 16. As of today, August 28, diesel costs Rs 57.07 per litre. The advantages of this are that it eliminates big price hikes/cuts as oil companies can change prices in accordance with global fuel prices on a daily basis. (more...)
Navy Identifies Second Victim of USS John S. McCain Crash Navy Identifies Second Victim of USS John S. McCain Crash
- August 28, 2017

The divers were looking in the hull of the warship, which suffered damage from the collision to its port side, below the waterline, and several compartments were flooded, including a sleeping area for the crew. On Tuesday, Swift announced that the remains of 10 missing sailors were discovered by divers in a flooded compartment of the destroyer. Photos posted on the Twitter account of a Malaysian navy frigate on Wednesday showed crew carrying what appeared to be a body to a U.S. (more...)
Euro zone bond yields creep up, Draghi says European Central Bank policy working
- August 28, 2017

The minutes from the last Fed meeting held in late July suggest there was an animated discussion on the subject."A few participants cited evidence suggesting that this framework was not particularly useful in forecasting inflation", the minutes said. (more...)
49ers safety Eric Reid takes knee for national anthem, after all 49ers safety Eric Reid takes knee for national anthem, after all
- August 28, 2017

Reid was the first teammate to join Colin Kaepernick in his protest during the 2016 season, but announced in April that he would no longer continue the action. "I think he's done a nice job of finding the seams and holes". Reid said he appreciated the solidarity. Both said they understood the reason for such protests with Shanahan saying he would like a player planning to take part to let him know and discuss it with him in advance. (more...)
(CMCSA) Position Raised by SeaBridge Investment Advisors LLC
- August 28, 2017

It has outperformed by 12.26% the S&P500. Farr Miller & Washington Ltd Company Dc reported 0.04% stake. Elio Motors Inc (OTCMKTS:ELIO) has 0.00% since August 28, 2016 and is. Among 2 analysts covering Cogeco Cable ( OTCMKTS:CGEAF ), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 60% are positive. Cogeco Cable had 2 analyst reports since January 19, 2016 according to SRatingsIntel. (more...)
Harmony Gold continues search and rescue efforts at Kusasalethu mine Harmony Gold continues search and rescue efforts at Kusasalethu mine
- August 28, 2017

The accident occurred on Friday morning at the Kusasalethu mine , about 80 kilometres west of Johannesburg, after an earth tremor about 3,100 metres below the earth's surface. Harmony Gold advises that mine management, the Department of Mineral Resources inspectorate and representatives of the Association of Mineworkers and Construction Union have inspected the area where five employees were trapped underground. (more...)
Markets prepare themselves for Mario Draghi's speech
- August 28, 2017

Markets will now have to wait a fortnight to the next European Central Bank meeting to see if the case for tapering has advanced at all, but in the light of the latest euro-zone inflation data that showed price gains steady at 1.3 per cent in July, it seems unlikely that it will have. (more...)
Analyst says Hurricane Harvey shouldn't hike gas prices Analyst says Hurricane Harvey shouldn't hike gas prices
- August 28, 2017

Young woman filling up her gas tank is shocked by the high fuel prices. That will lead to higher prices all across the country. Kloza says an increase of 5 to 15 cents per gallon will be most likely but a spike of up to 25 cents by Labor Day was possible if the hurricane hits a refining center. (more...)
Lin, Son Set Up Titanic Semi-final Showdown Lin, Son Set Up Titanic Semi-final Showdown
- August 28, 2017

The world No. 4 Indian will next take on another Chinese - world No. 10 Chen Yufei, who saw off former world champion Ratchanok Intanon of Thailand. Playing the faster side of the court, Sindhu tried to make her opponent bend and move across the court with her acute-angled strokes. (more...)
New Rs 1000 notes may be back in circulation by December New Rs 1000 notes may be back in circulation by December
- August 28, 2017

According to the DNA report, preparations for releasing the new Rs 1,000 note are on. Rs 1,000 and Rs 500 notes were scrapped in November 2016 in a bid to curb black money and counterfeit notes. "The Rs 2,000 note was printed for faster remonetization but in hindsight, the government has realised that lower value denominations should be the focus", the source said. (more...)