Money

by | August 17, 2017 | 07:21

The Sensex settled up 235.44 points, or 0.75 per cent, at 31,449.03. On the other hand, the broader 51-scrip Nifty at the National Stock Exchange (NSE) opened at 9,825.85 points after closing at 9,794.15 points. Market breadth was in the favour of gainers, with about 2 stocks advancing to every 1 stock that declining. The key indices derived support from ITC (2.95 percent), Sun Pharma (2.65 percent) and HUL (2.54 percent), too.

by | August 17, 2017 | 07:24

While not "terribly unexpected", the minutes cast further doubts on whether Fed officials will raise interest rates again this year "because of their concern about the path that inflation was taking", said Donald Ellenberger, head of multisector strategies at Federated Investors.

by | August 17, 2017 | 04:35

Following the transaction, the senior vice president now owns 178,577 shares of the company's stock, valued at approximately $5,587,674.33. The firm has "Equal Weight" rating given on Monday, August 17 by Morgan Stanley. Finally, American Century Companies Inc. boosted its position in Cisco Systems by 54.2% in the second quarter. A rating of 4 or 5 would represent a Sell recommendation.

by | August 17, 2017 | 00:46

Prabhas is now gearing up for yet another multi-lingual with Saaho and after many names of the actresses being tossed around for the role of the leading lady, it is Bollywood actress Shraddha Kapoor who has been finalised for the role.

by | August 16, 2017 | 22:25

Credit Suisse Group upgraded Astrazeneca PLC from an "underperform" rating to a "neutral" rating in a research report on Friday, May 12th. The rating was downgraded by BNP Paribas to "Neutral" on Wednesday, September 14. The legal version of this news story can be accessed at https://theolympiareport.com/2017/08/16/astrazeneca-plc-nyseazn-lowered-to-market-perform-at-leerink-swann-updated-updated.html.

by | August 16, 2017 | 22:08

Valicenti Advisory Ser reported 88,226 shares stake. Wholesale segment net sales rose 10%. Canada Pension Plan Investment Board now owns 208,762 shares of the apparel retailer's stock worth $4,960,000 after buying an additional 26,000 shares during the last quarter.

by | August 16, 2017 | 22:09

Bluemar Capital Management Llc sold 81,900 shares as the company's stock declined 8.39% while stock markets rallied. The retailer reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.96 by $0.04.

by | August 16, 2017 | 21:51

A number of other institutional investors have also modified their holdings of PRU . Sei Invests reported 0.01% of its portfolio in LPL Financial Holdings Inc (NASDAQ: LPLA ). Wells Fargo And Com Mn reported 255,676 shares. First Trust Advsrs Lp owns 266,440 shares. Finally, Samlyn Capital LLC boosted its stake in shares of LPL Financial Holdings by 55.6% in the second quarter.

by | August 16, 2017 | 21:51

The stock declined 1.04% or $0.58 reaching $55.21 per share. Public Employees Retirement System of OH owned 0.07% of Target Corporation worth $21,871,000 as of its most recent filing with the SEC. Fewer analysts at Reuters have a buy or better ratings (3) on the Target Corporation stock compared with those who have a hold (17) rating while the 12-month target price suggested by the average analysts is $58.38.

by | August 16, 2017 | 20:43

Her daughter-in-law Colleen Daley pulled the carrot from the ground and was surprised to see the engagement ring wrapped around it. Mary Grams , 84, had lost her beloved ring in 2004 while she was in the garden, and thought she would never see it again.

by | August 16, 2017 | 20:39

These companies join a bevy of other amici - friends of the court - that have also weighed along similar lines, including media companies, academic experts, and advocacy groups from across the political spectrum. In their brief, the companies said the Supreme Court should clarify that when it comes to digital data that can reveal personal information, people should not lose protections against government intrusion "simply by choosing to use those technologies".

by | August 16, 2017 | 20:32

FCA's contribution to the group effort will be to add additional engineering and technical resources to the mix, and to act as a vector for the eventual resulting self-driving platform. "The two factors that remain key to the success of the cooperation are uncompromising excellence in development, and the scalability of our autonomous driving platform", said Harald Krüger, chairman of the board of management of BMW.

by | August 16, 2017 | 20:16

While Hong Kong's score remained the same as past year, its ranking fell two spots to 45th place, thanks to other cities' improved scores. It is also Australia's fastest growing city, predicted to overtake Sydney as the country's largest city by 2030.

by | August 16, 2017 | 19:41

Tesla and SpaceX CEO Elon Musk left the manufacturing council and a separate policy council in June following the president's withdrawal from the Paris Climate Accord. None said whether they would stay on. "It's certainly a sign that Trump's more controversial stuff isn't playing well with companies selling to middle America", said Goolsbee, now a professor at the University of Chicago.

by | August 16, 2017 | 19:41

After his remarks, the fifth member of his manufacturing panel resigned , AFL-CIO president Richard Trumka, who said: "We can not sit on a council for a president who tolerates bigotry and domestic terrorism". Following Frazier's resignation, Trump tweeted that he will "have more time to LOWER RIPOFF DRUG PRICES!" I love our country & company. "I resigned because I want to make progress, while many in Washington seem more concerned with attacking anyone who disagrees with them", he ...

by | August 16, 2017 | 15:46

Asian shares rallied and the USA dollar firmed on Tuesday after North Korea's leader signalled that he would delay plans to fire a missile near Guam, further easing tensions and prompting investors to move back into riskier assets. "European indices are following their Asian counterparts lower once more today, as the risk aversion seen over the past two days continues apace", said IG market analyst Joshua Mahony in a note.

by | August 16, 2017 | 15:34

Ride-hailing giant Uber yesterday defied a Philippine government order to shut down, branding the suspension a "blatant violation" of its rights but risking its drivers being arrested. She reminded LTFRB to place its bias towards commuters' welfare. The Philippines has banned Uber for a month on the orders of a regulatory body in the country.

by | August 16, 2017 | 15:34

Looking at public sector employment, there were 5.42 million people employed in the United Kingdom public sector in March 2017 (17 percent), which is 7,000 fewer than in December 2016, 20,000 fewer than year earlier and the lowest since 1999.

by | August 16, 2017 | 15:05

India's annual consumer price inflation picked up in July after easing for three straight months as a decline in food prices abated, but it remained well below the central bank's central target. Economists forecast a 2.7 percent rate. "The price of motor fuel continued to fall and provided the largest downward contribution to change in the rate between June and July 2017", the ONS said.

by | August 16, 2017 | 12:54

The best way to survive " Game of Thrones " may be to take a break from it. Star India said in a statement , "We learnt about the arrest of four individuals". He told the media that "we investigated the case and have arrested four individuals for unauthorized publication of the fourth episode from Season 7".

by | August 16, 2017 | 09:39

Wall Street is looking for earnings per share of $3.89 for fiscal 2018. Mosaic Family Wealth LLC now owns 1,862 shares of the apparel and home fashions retailer's stock worth $147,000 after buying an additional 108 shares in the last quarter.

by | August 16, 2017 | 08:13

Legal & General Group Plc increased its position in Cypress Semiconductor Corporation by 144.8% in the first quarter. This price movement gives investors an idea of how much the stock price has moved in the past year and whether it is trading near the top, middle or bottom of the range.

by | August 16, 2017 | 06:43

White supremacists and neo-Nazis filled the streets of Charlottesville in protest against the removal of a Confederate monument. Describing it as a "very delicate situation", he said the death of 32-year-old anti-fascist demonstrator Heather Heyer - who was killed in a auto attack on Saturday - could not have been prevented.

by | August 16, 2017 | 05:25

US Secretary of State Rex Tillerson on Wednesday warded off - at least for now - the prospect of massive losses on the Wall Street market after stressing that there was "no imminent threat of war" and that Americans could "sleep well at night".

by | August 16, 2017 | 05:15

The increase had previously been announced by the B.C. Liberal government last February. Only Saskatchewan's and Newfoundland and Labrador's are lower. Bains says the commission is expected to report back on its decision by late December or early January. The Alberta government said its minimum wage will rise to $13.60 this October and $15 in October, 2018.