Economy

Home loans to get cheaper for pre-April 2016 borrowers

Home loans to get cheaper for pre-April 2016 borrowers Bringing relief for pre-April 2016 home loan borrowers , RBI directed banks link older home loan rates to the current market-linked benchmark. Lenders were asked to use the base rate as the minimum lending rate they could charge a customer and then add a risk premium to it, depending on the quality of customer they were dealing with. [Full Article...]

UnitedHealth Group (UNH) Receives "Buy" Rating from Cantor Fitzgerald

UnitedHealth Group (UNH) Receives The stock increased 0.04% or $0.06 during the last trading session, reaching $146.17. The shares were sold at an average price of $223.31, for a total transaction of $1,250,536.00. The rating was maintained by Needham on Wednesday, August 30 with "Buy". The firm has "Buy" rating given on Wednesday, October 18 by RBC Capital Markets. [Full Article...]

China Export And Import Growth Exceeds Expectations

China Export And Import Growth Exceeds Expectations China's politically fragile trade surfeit with the United States broadened by 2.3 percent from a year ago to $21.9 billion, while its worldwide trade gap shrunk by 60 percent to $20.3 billion. Chinese authorities have accused Trump of threatening the global trade regulation system by taking action under US law instead of through the World Trade Organization. [Full Article...]

Amazon to deliver Whole Foods groceries to Prime members

Amazon to deliver Whole Foods groceries to Prime members Two-hour delivery is free and a one-hour option costs $7.99 on orders of $35 or more. It's the latest development following Amazon's $13.7 billion acquisition of Austin-based Whole Foods previous year, and a threat to other grocery delivery services - namely Instacart, which also offers two-hour delivery from Whole Foods and several other grocers. [Full Article...]

Tesla Fourth-Quarter Earnings Beat, Maintains Model 3 Production Target

American Century Companies Inc. increased its stake in Tesla Inc (NASDAQ: TSLA ) by 8.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The niche carmaker has made inroads among luxury vehicle buyers with the advanced technology and innovative design in its Model S sedan and Model X SUV. [Full Article...]

Here's how millennials are trading Snap ahead of earnings (SNAP)

Here's how millennials are trading Snap ahead of earnings (SNAP) In a rare show of humility for Snapchat , the app recently chose to let users share their Stories on Facebook and Twitter . Fourteen equities research analysts have rated the stock with a sell rating , twenty have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company's stock. [Full Article...]

Federal Reserve and Inflation: It's Your Turn, Jerome Powell

Federal Reserve and Inflation: It's Your Turn, Jerome Powell Those fears stem from a strong employment report the Labor Department released Friday that showed wage growth for hourly workers over the past year had risen almost 3 percent - its fastest pace in nine years. Second, the Fed strategically inserted the word "further" into a statement describing increasing interest rates and adjusting its stimulus program - compared to last the statement when that w... [Full Article...]

Tesla sticks by Model 3 target, warns spending could rise in 2018

Tesla sticks by Model 3 target, warns spending could rise in 2018 It's now impossible to get a Model 3 delivered immediately, unlike the other vehicles. The package requires Tesla , which is worth a little less than $60 billion now, to grow in $50 billion leaps to a staggering $650 billion market capitalization over the next decade. [Full Article...]

Tesla Inc (TSLA) Posts Narrower-Than-Expected Q4 Loss

Tesla Inc (TSLA) Posts Narrower-Than-Expected Q4 Loss Tesla Inc ( TSLA)'s cash balance stood at $3.4 billion at the end of Q4 2017. Tesla they did not expect the company would be able to hit its revised production goals in 2018, citing ongoing challenges at the Gigafactory where Model 3 batteries are made. [Full Article...]

John G Ullman & Associates Inc. Lowers Holdings in Corning Incorporated (GLW)

Boston Family Office Llc who had been investing in Te Connectivity for a number of months, seems to be bullish on the $34.98 billion market cap company. Summit Secs Grp Inc Limited Liability invested 0.05% of its portfolio in The TJX Companies, Inc. Morgan Stanley accumulated 0% or 7,279 shares. Rathbone Brothers Plc, which manages about $32.89B and $2.30B US Long portfolio, upped its stake in B... [Full Article...]

Iron Mountain Incorporated (IRM) has analyst mean rating score of 2.50

The stock decreased 0.78% or $1.4392 during the last trading session, reaching $183.5708. The price index of Iron Mountain Incorporated (NYSE:IRM) for last month was 0.90728. Thompson Davis stated it has 480 shares or 0.14% of all its holdings. Hemenway Limited Company accumulated 15,401 shares or 0.13% of the stock. Green Street Investors Ltd Limited Liability Company reported 50,000 shares. [Full Article...]

Here's a look at the best and the worst Super Bowl ads

Here's a look at the best and the worst Super Bowl ads Hyundai showcased its donations to fight pediatric cancer by bringing real Hyundai owners into a room during the pre-game Super Bowl festivities and letting them meet cancer survivors. Bud Light is aiming to give impatient " Game of Thrones " fans their fantasy fix with a series of ads that follow a hapless medieval army that shouts the nonsensical phrase "Dilly Dilly" before battle. [Full Article...]

U.S. announces arrests in $530 million cyber identity fraud scheme

U.S. announces arrests in $530 million cyber identity fraud scheme USA authorities believe as of March 2017 there were 10,901 registered members of the Infraud Organization. In addition to facilitating the sale of stolen information, the network also provided an escrow account people could use to launder their proceeds using digital currencies including bitcoin, Liberty Reserve, Perfect Money and WebMoney. [Full Article...]

Global stock markets a lot calmer, but 'distinct lack of confidence' remains

Global stock markets a lot calmer, but 'distinct lack of confidence' remains Meanwhile, the sudden cratering of stock prices, rising bond rates and fierce volatility have been a stark reminder that Trump, like his predecessors, isn't commander in chief of the US economy, the Associated Press explained . Neil Wilson, senior market analyst at ETX Capital, sounded a note of caution on the prospects for a day of calm reflection - pointing out that a key volatility measure, kn... [Full Article...]

With PadMan's Release, Akshay Kumar 'Hopes For A New Dawn'

With PadMan's Release, Akshay Kumar 'Hopes For A New Dawn' Even Hollywood hasn't made a film on such a topic. The machines also provide employment to thousands of rural women. Once shunned as a pervert, Muruganantham is now celebrated as a visionary. Muruganantham persisted. He needed the funds, the right kind of cotton, and the machinery. "He must have been the only man to know how women felt on their periods", she said. [Full Article...]

Airbnb to collect provincial sales tax in BC

Airbnb to collect provincial sales tax in BC James told a news conference Wednesday. She says a comprehensive plan to fund affordable housing will be announced later in the budget. Municipal governments will continue to be able to regulate Airbnb and other short-term rental companies. [Full Article...]

Dunkin' Donuts to eliminate foam cups worldwide by 2020

Dunkin' Donuts to eliminate foam cups worldwide by 2020 Manufacturers Life Insur Co The stated it has 37,210 shares. Dunkin Brands Group declared that its Board of Directors has approved a share repurchase plan on Thursday, October 26th that permits the company to buyback $650.00 million in shares. [Full Article...]

Colorado solar jobs on the rise - but that's not the case nationwide

Colorado solar jobs on the rise - but that's not the case nationwide The nation's solar power sector lost jobs in 2017 compared to the previous year, but not in Colorado - where the number of people working in the state's solar power sector jumped by 13 percent. Obviously, 2018 will be a hard year for the United States solar industry. U.S. President Donald Trump, invoking an outdated tool under the rarely used Trade Act of 1974, signed directives last month to im... [Full Article...]

Price T Rowe Associates INC Holds Holding in Becton Dickinson & Co (BDX)

Oakwood Capital Management Llc who had been investing in Disney Walt Co (Holding Co) for a number of months, seems to be bullish on the $163.75 billion market cap company. 5,000 are owned by American Assets Investment Mngmt Ltd Limited Liability Company. Asset has 2,322 shares for 0% of their portfolio. TIAA FSB lifted its holdings in shares of Becton Dickinson and by 2.8% in the 4th quarter. [Full Article...]

Vague Security Linked to Stock Volatility Plunges 80 percent (VIX)

Vague Security Linked to Stock Volatility Plunges 80 percent (VIX) In the most recent session, shares touched a high point of 22.72, while dipping down to 20.22. A reading from -80 to -100 would signal an oversold situation. The data is represented graphically by fluctuating between a value of 0 and 100. The normal reading of a stock will fall in the range of 30 to 70. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading close... [Full Article...]


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