Finance

Finance 11 lakh PAN cards deactivated; Is yours still active? Find out here
Author: 0 11 lakh PAN cards deactivated; Is yours still active? Find out here

As per the government norms it is not legal to have multiple PAN accounts for an Individual and also the fake accounts are deactivated. The drive also detected numerous PAN cards that were issued to people who either did not exist or had acquired one after providing false details to the authorities, reported NDTV.

Author: 0 Same-sex marriage law heads towards postal vote option

In July, a government senator said he was drafting a private member's bill aimed at legalizing same-sex marriage, but Turnbull said he would not allow the bill to be voted on. The government would not introduce this bill under their current policy, but Smith can introduce it on his own as a private member's bill. "This is ridiculous", Opposition leader Bill Shorten said after the meeting.

Finance Tesla lowers Model X base price due to improved margins
Author: 0 Tesla lowers Model X base price due to improved margins

It was initially assumed that the Model Y, a small sports utility vehicle, would be based on the Model 3 in the same way Tesla's larger SUV, the Model X , is based on the company's Model S saloon auto. While Tesla is scrambling to meet Model 3 demand, GM has temporarily halted production of its "Bolt" electric vehicle to ease inventories. Before the Model 3 , the company had only luxury vehicles on the streets, much to the envy of those who are unable to afford them.

Finance Prosecutors seek 12-year jail for Samsung's Lee Jae-yong
Author: 0 Prosecutors seek 12-year jail for Samsung's Lee Jae-yong

Such dealings once helped fuel the country's rapid industrialization but now increasingly are being scrutinized as illegal and unfair. "Even though Lee is the ultimate receiver of the gains (from this bribery case), he has been pushing the blame on others accused", prosecutor Park Young-soo told the court.

Finance Asean Overcomes Communique Impasse, Urges Non-Militarization in South China Sea
Author: 0 Asean Overcomes Communique Impasse, Urges Non-Militarization in South China Sea

It's not clear if the ministers will push for a legally binding code. Foreign ministers of ASEAN nations congratulated China on the success of the recent Belt and Road Forum for International Cooperation, thanked China for its support on ASEAN's community building, recognized the positive progress of ASEAN-China ties in the past year and agreed with the depth and achievements of the China-ASEAN relations.

Finance Asean and China adopt CoC framework
Author: 0 Asean and China adopt CoC framework

But Cambodia was concerned its views weren't adequately reflected in the statement being developed, causing a delay, a diplomat said. The US began talks on a resolution with China a month ago, after Pyongyang launched its first intercontinental ballistic missile on July 4, followed by a second ICBM test on July 28.

Finance ASEAN asks North Korea to exercise self-restraint, expresses concern over tension
Author: 0 ASEAN asks North Korea to exercise self-restraint, expresses concern over tension

Year in and year out, we hear the same disagreements on how a joint statement should be worded, or a joint communiqué on a particular topic, like a more belligerent stand against North Korea and its ambitions of nuclear military power. China has proposed a three-step vision to step up consultations on the COC, Wang said. Thornton says the US isn't now considering China's proposal to freeze USA military exercises with South Korea in exchange for the North halting nuclear development.

Finance Kim prevails in women's British Open
Author: 0 Kim prevails in women's British Open

Her closing 1-under 71 gave her a 270 total, 18 under, and a two-stroke victory over England's Jodi Ewart Shadoff. "I had a hard first putt and these greens are so steep", observed Hall, who has chalked up 11 top tens in the last 18 months but is chasing her breakthrough win as a professional.

Finance 'Severe turbulence' on American Airlines flight leaves 10 injured
Author: 0 'Severe turbulence' on American Airlines flight leaves 10 injured

Ian Smith said the plane "started shaking" during the turbulence, "then it took a big drop". Other witnesses said drinks went flying, and numerous flight crew were not buckled in when it happened, although most of the passengers were. Seven injured passengers and three crew have since been released from hospital, reports ABC News. "American Airlines flight 759 from Athens, Greece to Philadelphia International Airport briefly encountered severe turbulence shortly before landing safely ...

Finance Coinbase to Let Users Withdraw Bitcoin Cash After Outcry
Author: 0 Coinbase to Let Users Withdraw Bitcoin Cash After Outcry

The platform now supports transactions for only three cryptocurrencies: Bitcoin , Litecoin , and Ethereum . Some threatened to sue. The angry reaction, and the risk of a big loss of customers, raised questions about the future of what has been one of the crypto world's biggest success stories .

Author: 0 Enable Midstream Partners, LP (NYSE:ENBL) Upgraded to Hold at BidaskClub

A number of hedge funds have recently modified their holdings of ENBL . As of the end of the quarter Marshall Wace North America L.p. had acquired a total of 181,654 shares growing its stake by 341.5%. The dividend will be $0.293 per share for the quarter or $1.17 annualized. This dividend represents a yield of $5.22. The ex-dividend date will be on Tuesday the 2nd of May 2017.

Finance RBS Profit Surges as It Picks Amsterdam for EU Headquarters
Author: 0 RBS Profit Surges as It Picks Amsterdam for EU Headquarters

Excluding RBS's stake in Alawwal Bank, the company now expects that Capital Resolution RWAs will be at the lower end of our previous 15 billion pounds-20 billion pounds guidance for end 2017. Receive Royal Bank of Scotland Group plc News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Bank of Scotland Group plc with MarketBeat.com's FREE daily email newsletter.

Finance Roll back 18% GST on development works
Author: 0 Roll back 18% GST on development works

Likewise MSMEs in Punjab have requested exemption on the unorganized labour under the One Nation One Tax policy. The GST law also has an anti-profiteering provision meant to ensure that businesses pass on the benefit of lower tax incidence and availability of input tax credit to the consumers.

Author: 0 Ottis Gibson likely to be appointed South Africa's head coach

England denied any formal approach had been made for the 48-year-old Bajan, who previously coached his native West Indies and is in his second spell in the European Central Bank set-up, but it seems highly likely that picture will change next week.

Finance Spirit Realty Capital, Inc. (SRC) Upgraded at BidaskClub
Author: 0 Spirit Realty Capital, Inc. (SRC) Upgraded at BidaskClub

Janney Montgomery Scott LLC purchased a new stake in shares of Spirit Realty Capital during the first quarter valued at approximately $109,000. Penserra Capital Management LLC now owns 11,730 shares of the real estate investment trust's stock valued at $118,000 after buying an additional 3,986 shares in the last quarter.

Finance White Mountains Insurance Group (WTM) Getting Somewhat Favorable Press Coverage, Study Finds
Author: 0 White Mountains Insurance Group (WTM) Getting Somewhat Favorable Press Coverage, Study Finds

A number of research firms have weighed in on XL. Zacks Investment Research downgraded XL Group from a "hold" rating to a "sell" rating in a report on Tuesday, July 18th. In other news, CEO T Michael Miller sold 30,000 shares of the company's stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $44.55, for a total value of $135,565.65.

Finance Nissan Mississippi workers vote heavily against having union
Author: 0 Nissan Mississippi workers vote heavily against having union

Nissan denies wrongdoing and says the United Auto Workers seeks to undermine the vote. "The courageous workers of Nissan, who fought tirelessly for union representation alongside community and civil-rights leaders, should be proud of their efforts to be represented by the UAW", said UAW President Dennis Williams in a statement .

Finance Economy adds jobs for eighth month in a row
Author: 0 Economy adds jobs for eighth month in a row

The 13,400 new jobs created during the July-to-July period included 11,800 full-time ones. Compared to the same month a year ago, Canadian employment rose by 387,600 jobs in July; full-time employment rose 2.4% year over year and part-time rose 1.0%.

Finance Carney under fire in first Bank strike for 50 years
Author: 0 Carney under fire in first Bank strike for 50 years

The Bank now predicts GDP to rise by 1.7% in 2017, 1.6% in 2018 and 1.8% in 2019, down from 1.9%, 1.7% and 1.8% as outlined in the May Report. This was followed by hawkish remarks from BoE's Governor Mark Carney and chief economist Andy Haldane, that a rate increase may be needed despite a weakening economy.

Finance Dow Jones industrial average trades above 22000 points for first time
Author: 0 Dow Jones industrial average trades above 22000 points for first time

The Dow Jones Industrial Average posted its all-time high mark at 22,000 recently. However, the S & P 500 information technology index is up 23 percent already this year. Stocks lost a little ground late in the session after the Wall Street Journal reported that Special Counsel Robert Mueller has impaneled a grand jury in Washington to investigate the allegations of Russia's interference in the 2016 United States presidential election.

Finance Thomas jobless rate falls to 5.6 % in July
Author: 0 Thomas jobless rate falls to 5.6 % in July

While not many jobs were added overall, fewer people were looking for work, too, which pushed the jobless rate down two percentage points to 6.3 per cent - the lowest level since October 2008, before the start of the financial crisis. Compared with a year ago, the number of jobs has increased by 388,0000, driven by a surge in 354,000 full-time positions. There were 5,282,000 Americans working part-time in July who would rather have a full-time job but cited economic reasons for not having ...

Finance Stagecoach Group plc (SGC) Insider Purchases 83 Shares of Stock
Author: 0 Stagecoach Group plc (SGC) Insider Purchases 83 Shares of Stock

In general, if the reading goes above -20, the stock may be considered to be overbought. The stock of JD Sports Fashion PLC (LON:JD) earned "Buy" rating by Shore Capital on Thursday, May 18. The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) earned "Neutral" rating by BNP Paribas on Monday, November 21. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time.

Author: 0 Rockwell Collins, Inc. (COL) Shares Bought by National Pension Service

BidaskClub upgraded shares of Rockwell Collins from a "hold" rating to a "buy" rating in a research report on Wednesday, July 12th. (NYSE: COL ). Nuveen Asset Mgmt Limited Company reported 7,654 shares stake. Following the sale, the vice president now directly owns 10,519 shares in the company, valued at $1,140,680.36. The fund owned 701 shares of the industrial products company's stock after selling 86 shares during the period.

Author: 0 Orinda Asset Management LLC Boosted Its Independence Rlty Tr INC (IRT) Holding

Franklin Parlapiano Turner & Welch LLC acquired a new stake in Federal Realty Investment Trust during the first quarter valued at approximately $126,000. During the past six months, Vornado Realty Trust (NYSE:VNO)'s stock has been -6.21% and -6.12% for the last 12 months. Over the last 5 years, Physicians Realty Trust has averaged a 22.60% YoY EPS growth rate and a 77.10% revenue growth rate.

Finance Nabors Industries Ltd. (NYSE:NBR) Short Interest Up 12.6% in July
Author: 0 Nabors Industries Ltd. (NYSE:NBR) Short Interest Up 12.6% in July

Finally, Bank of New York Mellon Corp increased its position in Nabors Industries by 16.4% in the second quarter. Nabors Industries's quarterly revenue was up 21.9% compared to the same quarter past year. Nabors Industries Ltd . (NBR ) has a market capitalization of 2.13 Billion which suggests the company is a huge company further suggesting that the shares of Nabors Industries Ltd .

Finance When They Say
Author: 0 When They Say "Russian Adoptions" It's Code for Russian Sanctions

First, Russia interfered with our election. "As of today, I'm against it". The country gave the USA until September 1 to remove the 755 staff members. With a sweeping cut in the number of US diplomatic personnel in Russia , President Vladimir Putin has raised the stakes further in an escalating rift with the United States.

Finance Trump and Russian Federation sanctions; fighting but to no avail
Author: 0 Trump and Russian Federation sanctions; fighting but to no avail

Members of Congress , including some of Mr Trump's fellow Republicans, have recently been pursuing legislation seeking to increase Congress's influence on United States policy. Trump had " weighed in " on his son's statement "as any father would based on the limited information that he had". The measures also place curbs on some Russian weapons exporters and constrain Trump's ability to waive the penalties.

Finance Blue Apron sees job cuts ahead of facility closure; shares fall 7%
Author: 0 Blue Apron sees job cuts ahead of facility closure; shares fall 7%

A W.A.R.N. notice, which requires employers to provide 60 days notice of plant closings and mass layoffs, appeared Friday saying that 1,270 Blue Apron employees would be affected. Blue Apron has had to spend heavily on marketing just to educate consumers about the product and distinguish itself. The company had more than 5,200 employees at the end of March.

Finance Citizens invited to
Author: 0 Citizens invited to "Stuff the Bus" for school district

It's now the community's turn to participate in Stuff the Bus by donating school supplies to distribute to students with financial needs. United Way also planned to give backpacks to all of its family resource centers and 24 of their nonprofit partners.

Finance Hyperloop One's passenger pod nearly hit 200 miles per hour in its latest test
Author: 0 Hyperloop One's passenger pod nearly hit 200 miles per hour in its latest test

Musk suggested he didn't plan on building his own Hyperloop . "Musk also holds a trademark for "Hyperloop" through SpaceX, which could be used to prevent other companies from using the term, according to US public records". The company was also said to be talking to Russian Federation about installing a hyperloop system there as well. Several companies are now exploring the market, including Northeast Maglev, Hyperloop One and Hyperloop Transportation Technologies.

Finance NEW Several Banks Closed Due to Lack of Phone Service
Author: 0 NEW Several Banks Closed Due to Lack of Phone Service

Social media, including Twitter and Facebook, were lit up with complaints from customers and businesses affected by the outages. The New Brunswick Justice and Public Safety Department is advising the residents they serve that the lack of a functional 911 system may hinder services by first responders.

Finance Applied Optoelectronics, Inc. (NASDAQ:AAOI) Shares Gap Up Following Earnings Beat
Author: 0 Applied Optoelectronics, Inc. (NASDAQ:AAOI) Shares Gap Up Following Earnings Beat

The stock of Applied Optoelectronics Inc (NASDAQ: AAOI ) has "Buy" rating given on Thursday, July 13 by Cowen & Co. About 1,210 shares traded. Shares of Applied Optoelectronics, Inc . BLACK RICHARD B sold $64,370 worth of stock or 1,000 shares. Another trade for 7,500 shares valued at $480,000 was sold by Lin Chewei . (NASDAQ: AAOI)'s short data and trying to figure out market sentiment on which way the market thinks the stock is moving.

Author: 0 Barrick Gold Corp (USA) (ABX)'s Trend Down, Especially After Today's Weak Session

Cormark issued their FY2019 earnings per share estimates for Eldorado Gold Corporation in a research note issued on Monday. Barrick Gold Corporation ( ABX ) will report its next earnings on Jul 26 AMC. Several institutional investors have recently made changes to their positions in ABX. According to these analysts, the Low Revenue Estimate for Barrick Gold Corporation is 2 Billion and the High Revenue Estimate is 2.32 Billion.

Author: 0 Kraft Heinz posts 50.5 pct rise in quarterly profit

The counter witnessed a trading volume of 0.81 million shares versus an average volume of 1.04 million shares during last trading session. Bank of New York Mellon Corp raised its stake in shares of The Kraft Heinz by 5.5% in the first quarter.

Finance Weed company buys town in hopes of creating pot-friendly tourist destination
Author: 0 Weed company buys town in hopes of creating pot-friendly tourist destination

Additionally, Nipton could soon have pot-friendly bed and breakfasts. It also intends to expand the solar farm previously installed by the current owner, which provides much of the tiny town's electricity. "I like to say it's conveniently located in the middle of nowhere", jokes Lang. And from there, American Green hopes to attract like-minded companies to set up shop - CBD and mineral baths, dispensaries, artist-in-residence programs, culinary events and bed-and-breakfasts - "to complete ...

Finance United States economy adds 209000 jobs in July; unemployment dips to 4.3 percent
Author: 0 United States economy adds 209000 jobs in July; unemployment dips to 4.3 percent

The July jobs report has come in from the Bureau of Labor Statistics and President Trump couldn't be more thrilled. "The downtick in the unemployment rate amid a rise in the labor force participation rate sweetened the report". Meanwhile, the index of aggregate weekly hours advanced at a 0.2% month-on-month clip with the number of average weekly hours steady at 34.5 (consensus: 34.5).