Economy

Google Loses Landmark 'Right to Be Forgotten' Case in UK Court

Google Loses Landmark 'Right to Be Forgotten' Case in UK Court The judge distinguished the facts of the two cases and the attitudes of those making the requests", reported Search Engine Land, who added, "It's probably safe to say that this ruling will encourage others similarly denied by Google to seek redress in the courts. [Full Article...]

Xi Jinping's China shows off force in South China Sea

Xi Jinping's China shows off force in South China Sea Talks between the USA and China to resolve the trade spat were said to have broken down after the Trump administration demanded that China take steps to curtail support for high-technology industries. And that differs from the tougher stance taken by China's state-run media recently. But Vice Commerce Minister Qian Keming said at the forum on Tuesday that China's economic reforms were driven by ... [Full Article...]

Alert trooper arrests two for burglary

Alert trooper arrests two for burglary State police in Marienville reported that someone broke into a hunting camp and stole a rifle, a crossbow, a vacuum sealer and change sometime between 4 p.m. Surveillance video captured one of the hot prowl burglaries in progress as an elderly woman returned home through her garage door as suspects escaped via her front door before fleeing in a auto parked in front of her home. [Full Article...]

Infy Q4 up 2.4%; new CEO Salil Parekh charts out roadmap

Infy Q4 up 2.4%; new CEO Salil Parekh charts out roadmap Under the International Financial Reporting Standards, in dollar terms, consolidated net income declined 28.1 per cent sequentially to $571 million but gross income was up 1.8 per cent sequentially to $2,805 million. Later this turned out to be a bone of contention between the founders and then CEO Vishal Sikka, along with the Infosys board. "Infosys' current performance is in line with what can... [Full Article...]

Commerce Bank Cuts Stake in Comcast Co. (CMCSA)

Commerce Bank Cuts Stake in Comcast Co. (CMCSA) Taking a look at the other side of things, this stock has been trading +1.19% away from its 90-day low. This organization's stock showed a trading volume of 29.38 million shares, compared to its average daily volume of 28.65M shares. On Thursday, January 25 Robert W. Baird maintained Comcast Corporation (NASDAQ: CMCSA ) rating. The rating was maintained by Credit Suisse on Wednesday, January 6 w... [Full Article...]

Toys 'R' Us stores in Canada, United States draw $890M bid

Toys 'R' Us stores in Canada, United States draw $890M bid Based in Van Nuys, Calif., MGA Entertainment owns the Bratz, Little Tikes and Num Nums brands. Larian had attempted to raise $200 million from other investors and toy companies, but secured only $59,000 in three weeks, the Los Angeles Times reports . [Full Article...]

PNC Reports Q1/18 Earnings Up 15% Year/Year

PNC Reports Q1/18 Earnings Up 15% Year/Year Wells Fargo set a $157.00 price objective on shares of PNC Financial Services Group and gave the stock a "hold" rating in a report on Tuesday, January 16th. Following the completion of the transaction, the insider now owns 58,820 shares in the company, valued at approximately $9,070,044. The transaction was disclosed in a document filed with the SEC, which is available through this link . [Full Article...]

Sell-Side Delving into Wells Fargo & Company (NYSE:WFC) Stock

Sell-Side Delving into Wells Fargo & Company (NYSE:WFC) Stock The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 1st. Investors holded 3.65 billion in 2017Q3 but now own 3.64 billion shares or 0.11% less. Wells Fargo has been offered a penalty of $1 billion by regulators to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest USA bank by assets said tod... [Full Article...]

Jaguar Land Rover to shed 1000 jobs

Jaguar Land Rover to shed 1000 jobs The company said in a statement that "continuing headwinds" have forced it to make "adjustments to production schedules and the number of agency staff". Solihull is home to the Jaguar XE , the Range Rover, the Land Rover Discovery and the Range Rover Sport, and now employs over 10,000 people. Jaguar sales have so far fallen by 26 per cent in the first three months of 2018, while Land Rover re... [Full Article...]

Volkswagen Group appoints new CEO amid major restructuring

Volkswagen Group appoints new CEO amid major restructuring Dr. Herbert Diess has been appointed as the Volkswagen Group's Chairman of the Board of Management. This post will replace the Hg Diss, who was Chairman of the Volkswagen brand . "My most important task will now be to join with our management team and our Group workforce in consistently pursuing and pushing forward our evolution into a profitable, world-leading provider of sustainable mobilit... [Full Article...]

Musk Tweet Has Tesla Stock Rallying Into Key Technical Resistance

Musk Tweet Has Tesla Stock Rallying Into Key Technical Resistance TSLA shares have always been volatile, but that's been all the more so in recent months as a variety of issues have put a harsher-than-usual spotlight on the company. TSLA has 3.10M shares volume. It has underperformed by 8.23% the S&P500. About 3.86 million shares traded. The fund operates about $122.49 billion US Long portfolio. [Full Article...]

Citi beats, profits jump 13%

Citi beats, profits jump 13% Funds hold 1.99 billion shares thus 2.45% less from 2017Q3's 2.04 billion shares. Moreover, Exchange Capital Management has 0.09% invested in Citigroup Inc . Balentine LLC now owns 1,617 shares of the financial services provider's stock worth $108,000 after acquiring an additional 272 shares during the period. [Full Article...]

Shaw Communications (SJR) Lifted to Buy at Canaccord Genuity

Shaw Communications (SJR) Lifted to Buy at Canaccord Genuity Shaw has been investing heavily to build its wireless business in a tough market since acquiring Wind Mobile in 2016 and rebranding it as Freedom Mobile. Foot Locker, Inc. has a consensus outperform rating from 21 Wall Street analysts, and the number of shares now sold short amount to at least 0% of shares outstanding. [Full Article...]

Morgan Stanley India Investment (IIF) Given Media Sentiment Rating of

The ratio is positive due to Morgan Stanley positioning: 38 sold and 295 reduced. Summit Securities Group Llc increased Morgan Stanley (MS ) stake by 110.94% reported in 2017Q4 SEC filing. On Thursday, January 4 the rating was upgraded by Credit Suisse to "Buy". As per Friday, July 7, the company rating was maintained by RBC Capital Markets. [Full Article...]

Tesla CEO Elon Musk talks about lengthy Model 3 production schedule

Tesla CEO Elon Musk talks about lengthy Model 3 production schedule There shouldn't be a question mark as to whether somebody's gonna get their auto, it's just, yes, you'll definitely get your vehicle. "It's a six- to nine-month time shift". King also asked if there has been many canceled orders because of the long wait times for the auto. The California-based rocket company disclosed that it had authorized another $500 million in financing from investors by sel... [Full Article...]

Coastline Trust Co Purchases 3540 Shares of JPMorgan Chase (JPM)

Coastline Trust Co Purchases 3540 Shares of JPMorgan Chase (JPM) Finally, Gradient Investments LLC purchased a new position in shares of JPMorgan Disciplined HY ETF during the 4th quarter valued at about $168,000. $1.99 million worth of JPMorgan Chase & Co. The ex-dividend date of this dividend was Monday, March 26th. Stifel Financial Corp raised its holdings in JPMorgan Chase by 9,301.6% in the 3rd quarter. [Full Article...]

Pitching Stock Lowe's Companies, Inc. (NYSE:LOW)

About 656,091 shares traded. Booking Holdings Inc. (NASDAQ:PCLN) has 0.00% since April 12, 2017 and is. The stake In Lowes Cos Inc ( LOW ) was reduced owned by Jim Chanos. According to Finviz reported data, The SMA20 of the stock is at 0.19 percent, SMA50 is -5.56 percent, while SMA200 is 2.71 percent. Tocqueville Asset Management L.P. [Full Article...]

Sensex surges over 200 points, Nifty above 10500

Sensex surges over 200 points, Nifty above 10500 The index of industrial production (IIP ) grew by a healthy 7.1 per cent in February, driven largely by the robust performance of the manufacturing sector coupled with higher offtake of capital goods and consumer durables, while the key retail inflation slipped to a five-month low of 4.28 per cent in March, official data showed yesterday. [Full Article...]

Klepierre walks away from £5 billion Hammerson bid

Klepierre walks away from £5 billion Hammerson bid This was an increase from Klepierre's initial 615p cash and shares bid, which was worth £4.88bn. Klepierre said in March that it had made a takeover approach to Hammerson , valuing it at £4.9bn. French shopping centre operator Klepierre has abandoned a £5 billion (€5.78 billion) bid for Hammerson , accusing the British property company of failing to provide "meaningful engagement" over a p... [Full Article...]

First Business Financial Services Inc. Increases Position in CVS Health (NYSE:CVS)

First Business Financial Services Inc. Increases Position in CVS Health (NYSE:CVS) Now it had 2.95 million shares held by the institutional investor. Arizona State Retirement System, Arizona-based fund reported 309,362 shares. The company exchanged hands with 5465749 shares contrast to its average daily volume of 8.82M shares. [Full Article...]


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