Business

by | February 19, 2018 | 00:15

Rumors have floated for more than a year that e-commerce giant Amazon has been looking to launch its own full-scale delivery service , which would erase its reliance on parcel services FedEx and UPS as a means to have total control over its supply chain.

by | February 17, 2018 | 00:40

Bank balance worth Rs 3.9 crore in accounts & fixed deposits has also been freezed. The number of officials suspended by PNB now stands at 18. The latest case which involves a sum considerably higher than the Vijay Mallya loan default of around Rs 9,000 crore to Indian banks - comes at a time when the Indian banking system is already grappling with swelling non-performing assets.

by | February 17, 2018 | 00:40

Ltd. boosted its stake in The Kraft Heinz by 287.9% in the 2nd quarter. Reilly Financial Advisors LLC now owns 1,631 shares of the company's stock worth $140,000 after purchasing an additional 134 shares during the period. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.06).

by | February 17, 2018 | 00:34

Any action to limit imports is likely to end up raising the price of steel, which could destabilize US industries from automakers to food packagers. We call on President Trump to act swiftly and boldly to save the American aluminum industry.

by | February 15, 2018 | 01:14

The carrier had encountered a similar issue before Christmas, when it was forced to cancel approximately 90 flights as harsh weather conditions prevented its de-icing crews from servicing its planes. Midway Airport said a total of 250 flights were canceled after an icy storm, suggesting other airlines were also affected, though operations are expected to return to normal, the Chicago Tribune reports.

by | February 12, 2018 | 01:23

The stock market is still up dramatically since President Trump's election. This will resurrect the ghosts of the bond market vigilantes of the Clinton-era in the 1990s. is growing and the central bank may need to tighten monetary policy faster than the market has perceived. Troublingly, the pace of growth in net operating cash flow among S&P 500 companies excluding energy and finance firms has already been declining over the past year, according to data compiled by Bloomberg and ...

by | February 10, 2018 | 02:53

Currently, FOXA is a Zacks Rank #3 (Hold), and is up 1.22% to $36.50 per share in after-hours trading shortly after its earnings report was released. (NASDAQ:FOXA) are owned by insiders with 0.00% six-month change in the insider ownership. Ny State Common Retirement Fund stated it has 2.11M shares or 0.07% of all its holdings.

by | February 10, 2018 | 02:50

After the close of trading Thursday, Qualcomm issued a statement saying its board of directors has unanimously rejected Broadcom's bid of $82 a share on the grounds that it "materially undervalues Qualcomm". The multinational semiconductor company says that it is still undervalued at $121 billion. NXP shareholders, led by activist hedge fund Elliott Management Corp, are resisting the deal, pushing for Qualcomm to raise its offer .

by | February 10, 2018 | 02:50

They're also donating a portion of the day's proceeds to the Leukemia and Lymphoma Society. The largest pizza ever made was made in Johannesburg, South Africa at the Norwood Pick 'n Pay Hypermarket. As always, many restaurants are participating in this phenomenon, offering customers some savoury deals to help honour the food that has fuelled the hungers of billions of humans worldwide.

by | February 10, 2018 | 02:49

The projection now is that the next interest rate rise could be in May. The Bank of England has raised interest rates for the first time since 2007, from 0.25% to 0.5%. Inflation rose last November to 3.1 per cent, more than a percentage point above target, requiring Carney to write to Treasury chief Philip Hammond to explain what the bank was planning to do about reining in price increases.

by | February 09, 2018 | 03:27

Aldecosea, 21, told the Miami Herald that a representative from Spirit Airlines suggested she flush Pebbles down a toilet so she can continue with her travel, but the airline denied this. It all started when Belen Aldecosea made a decision to fly home with her hamster Pebbles. Pebbles is only the latest of the unusual emotional support animals used by people scared of flying, which are usually no weirder than just dogs and cats.

by | February 09, 2018 | 03:29

The gauge of US stocks volatility known as VIX, which tracks the volatility implied by options on the S&P 500 , recorded its biggest one-day surge in more than two years as investors rushed to buy derivative products to protect against a further slide in stock prices.

by | February 09, 2018 | 03:26

Snapachat managed to overtake most of the forecasts from different analysts; the company managed to buoy their revenue to tremendous levels despite all most all reports showing the absolute opposite. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.31) by $0.17. Last year, Snap started selling Sponsored Filters through its ad API and self-serve tool, and during the first half of this year, it will automate the sale of ...

by | February 08, 2018 | 16:19

It fall, as 14 investors sold RXDX shares while 18 reduced holdings. Gilead Sciences , Inc.is maintained at an average outperform rating by 29 stock analysts, and there are at least 1.68% of shares outstanding that are now legally short sold.

by | February 08, 2018 | 16:15

Crude oil futures fell Rs 19 to Rs 4,081 per barrel today as speculators reduced their positions amid a weakening trend overseas. The IEA sees U.S. Market observers and analysts argue that US energy stocks are in a position to outperform broader equity markets this year, even if oil prices don't move higher.