Economy

Warren Buffett says bitcoin is 'rat poison'

Warren Buffett says bitcoin is 'rat poison' Both men now oversee about half of Berkshire's operating companies. "The asset itself is creating nothing", he said . It came two days after Buffett revealed having bought 75 million additional Apple shares, and four days after Apple said it may buy back $100 billion (roughly Rs. [Full Article...]

Google-owned Waymo's self-driving vehicle hit in collision on Arizona street

Google-owned Waymo's self-driving vehicle hit in collision on Arizona street The accident was reportedly caused by a third vehicle that ran a red light, causing the Civic driver to swerve into oncoming traffic and hit the Pacifica, according to Fox News . Waymo quickly released a video proving that its minivan was merely an innocent bystander in all of this. By now many of you would be aware that an Uber self-driving vehicle struck down a pedestrian in Arizona a couple ... [Full Article...]

Thousands of patients and employees affected by UC strike

Thousands of patients and employees affected by UC strike Workers with the American Federation of State, County and Municipal Employees Service Unit are holding a strike until Thursday morning at the 10 UC campuses after a year of stalled contract talks and new research showing rising inequality in the treatment of workers of color and low-wage women workers at the university. [Full Article...]

Renishaw plc (LON:RSW) Weekly Ratings on May 6, 2018

Pub Employees Retirement Association Of Colorado has invested 0.58% in Bloomsbury Publishing plc (LON:BMY). Architects Inc owns 0.02% invested in Melrose Industries PLC (LON:MRO) for 7,237 shs. In other news, insider Christopher Morgan sold 2,091 shares of the firm's stock in a transaction on Monday, April 23rd. On Thursday, January 4 RBC Capital Markets maintained Centamin plc (LON:CEY) rating. [Full Article...]

Nestle pays Starbucks $7.1bn to sell its coffee

Nestle pays Starbucks $7.1bn to sell its coffee Bloomberg said that Nestle will put into use this initiative to get share buybacks, expecting 20 billion dollars by dividends and purchases by 2020. The deal is Nestle's largest since he began leading the company a year ago. In a press release, Nestle said, "This transaction provides Nestlé with a strong platform for continued growth in North America with leadership positions in the premiu... [Full Article...]

China asks United States to amend ZTE business ban

China asks United States to amend ZTE business ban For its part, China announced on Friday that it had transmitted its "solemn protests to the United States" on this issue during trade talks in Beijing by a high-level American delegation led by Treasury Secretary Steven Mnuchin. ZTE said it also submitted additional information to the BIS as requested under its order. The ban on sales to ZTE, which is heavily reliant on imports of US chips, had ... [Full Article...]

WARREN BUFFETT: Bitcoin is 'probably rat poison squared'

WARREN BUFFETT: Bitcoin is 'probably rat poison squared' He said he and Buffett do not approve of all repurchase strategies. Among the motivations was that we never knew how long the show would last - at 75 and 82 respectively, Father Time seemed to be rapidly catching up the AGM's stars, Warren Buffett and Charlie Munger. [Full Article...]

Anticipated $0.62 EPS for Teva Pharmaceutical Industries Limited (TEVA) on May, 10

Active investors might be double checking the portfolio to make sure that it is properly diversified. Swiss National Bank now owns 3,523,499 shares of the company's stock valued at $66,770,000 after purchasing an additional 32,000 shares during the last quarter. [Full Article...]

Serie A match report Napoli v Torino 06 May 2018

Serie A match report Napoli v Torino 06 May 2018 Leaders Juventus moved seven points clear of Maurizio Sarri's side with a 3-1 comeback win at home to Bologna on Saturday. Napoli responded by throwing on fan favourite Marek Hamsik in the 70th minute as they went in search for the winning goal. [Full Article...]

Smiths Group Plc (SMIN.L) Collects Gains of 2.25% For the Week

The Company's Driveline division offers constant velocity jointed systems, such as CV joints and sideshafts; all-wheel drive systems comprising propshafts, couplings, power transfer units, rear drive modules, and differentials and torque management technologies; trans-axle solutions, such as open, limited slip, and locking differentials and electronic torque vectoring products; eDrive systems, suc... [Full Article...]

Deutsche Bank Set Hold Rating for BHP Billiton (BLT)

The stock increased 1.49% or $0.71 during the last trading session, reaching $48.36. Terex Corporation (NYSE:TEX) closed up +0.57 points or 1.52% at $38.07 with 2.09 mln shares exchanging hands. Moreover, Sg Capital Management Llc has 2.9% invested in the company for 887,302 shares. The firm earned "Hold" rating on Wednesday, October 4 by Jefferies. [Full Article...]

Mukesh Ambani's daughter Isha Ambani to marry Anand Piramal of Piramal Enterprises

Mukesh Ambani's daughter Isha Ambani to marry Anand Piramal of Piramal Enterprises And this time in major good news, Isha Ambani will Wednesday Anand Piramal in December in India this year. The couples' parents Nita, Mukesh, Swati and Ajay, Isha's grandparents, Kokilaben Ambani and Purnimaben Dalal, Isha's twin brother Akash, younger brother Anant, Anand's sister Nandini, Peter, Anya, Dev and others were present on the occasion. [Full Article...]

Nuveen Municipal Credit Income Fund (NZF) Near Multiple Bottom At $14.33

This chart was posted on May, 5 by Finviz.com. If the $11.66 price target is reached, the company will be worth $33.14M less. Pinnacle Assocs has 0% invested in Nuveen New York Quality Municipal Income Fund (NYSE:NAN) for 14,804 shs. 10,086 were accumulated by Cetera Advisor Ntwk Lc. 13,587 were reported by Janney Montgomery Scott Ltd Liability Co. Royal National Bank & Trust Of Canada has 46 sh... [Full Article...]

Rescue workers in Poland located 3rd coal miner, 4 still missing

Rescue workers in Poland located 3rd coal miner, 4 still missing Another four miners had been rescued unscathed. Rescuers have reached another miner trapped after an quake hit a coal mine in southern Poland, but he is unresponsive and four other miners are still missing, an official said Sunday. The powerful 3.4 magnitude tremor occurred at around 11 am on Saturday and was also felt on the surface in areas far from the mine, according to reports. [Full Article...]

Lloyds Banking group enjoys strong start to 2018

Lloyds Banking group enjoys strong start to 2018 The 20-day SMA may be of analytical benefit to a shorter-term trader since it follows the price more closely, and therefore produces less lag than the longer-term moving average. The stock price is trading below from the 20 SMA. The beta factor is 0.88.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. [Full Article...]

California tops United Kingdom, now world's fifth-largest economy

California tops United Kingdom, now world's fifth-largest economy The U.S. Commerce Department reported that California with a population of 39.54 million has a larger Gross State Product at $2.75 trillion, versus the United Kingdom with a population of 65.64 million and a Gross Domestic Product of $2.62 trillion. [Full Article...]

Wisconsin man eats 30000th Big Mac burger, setting a new world record

Wisconsin man eats 30000th Big Mac burger, setting a new world record Gorske sat down for his 30,000 Big Mac on Friday in Fond du Lac, Wisconsin, on Friday. When McDonald's debuted the Grand Mac and Big Mac Jr. sandwiches previous year, Gorske handed out bottles of Big Mac sauce to the lucky first customers at a McDonald's restaurant in Wauwatosa. [Full Article...]

Comcast (CMCSA) Position Boosted by Daiwa Securities Group Inc

Thirteen analysts have issued estimates for Comcast's earnings. The stock stands almost -29.52% off versus the 52-week high and -0.55% away from the 52-week low. The stock was sold at an average price of $36.53, for a total transaction of $25,246,065.65. The stock decreased 0.53% or $0.2949 during the last trading session, reaching $55.4151. [Full Article...]

How Many ICON Public Limited Company (NASDAQ:ICLR)'s Analysts Are Bullish?

Golar Lng Ltd Bermuda now has $3.19 billion valuation. The stock increased 0.94% or $1.16 during the last trading session, reaching $124.19. About 1.07 million shares traded or 1.58% up from the average. Jefferies maintained it with "Buy" rating and $5000 target in Wednesday, June 14 report. The rating was maintained by FBR Capital with "Mkt Perform" on Friday, August 5. [Full Article...]

On May 4, 2018 Seaspan (SSW) Upgraded By BofA Merrill From "Underperform".

Azimuth Cap Mgmt Ltd Liability Company holds 0.13% or 37,760 shares in its portfolio. Seaspan posted earnings of $0.15 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 26.7%. More recent Seaspan Corporation (NYSE: SSW ) news were brought out by Fool.com, Seekingalpha.com and Seekingalpha.com. The company also recently disclosed a quarte... [Full Article...]


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