Finance

Finance Moody boost for Modi: India's sovereign bond rating raised
Author: 0 Moody boost for Modi: India's sovereign bond rating raised

President of industry chamber Ficci Pankaj Patel said the development underlines the fact that India is moving in the right direction. Moody's also upgraded ratings for a slew of public sector companies - State Bank of India, Export Import Bank of India and Indian Railways Finance Corporation - and the private sector lender HDFC Bank on Friday.

Finance Baltimore police detective shot in the head dies
Author: 0 Baltimore police detective shot in the head dies

In a separate shooting about an hour and a half later on the opposite side of the city, another 32-year-old man was shot in the thigh in the 2600 block of East Preston St.in Berea, police said. Minutes later the man shot the detective in the head and took off. Suiter was shot in a vacant spot in between two homes, where another house once stood.

Finance ICE rounds up more than 40 MS-13 members in NY
Author: 0 ICE rounds up more than 40 MS-13 members in NY

US law enforcement officials have so far arrested 267 members of MS-13, a violent street gang spread across the country and overseas. MS-13 was founded in Los Angeles in the 1980s in part to protect immigrants fleeing civil war in El Salvador and has since grown into a sprawling cross-border criminal organization.

Finance It's Senate's Turn After House OKs GOP Tax Cuts and Jobs Act
Author: 0 It's Senate's Turn After House OKs GOP Tax Cuts and Jobs Act

The U.S. House approved the Tax Cuts and Jobs Act , which Republicans say will lower tax rates at all income levels and lower the corporate tax rate. Turning to the Senate's tax cut bill, Bishop Dewane said the USCCB continued to assess its provisions but offered comments about a few provisions. Congressman Hal Rogers has put his stamp of approval on a tax cut bill passed Thursday by the U.S.

Finance The Beazley PLC's (BEZ) Underperform Rating Reiterated at Macquarie
Author: 0 The Beazley PLC's (BEZ) Underperform Rating Reiterated at Macquarie

About 363,490 shares traded. It has underperformed by 22.45% the S&P500. RBC Capital Markets's TP would suggest a potential downside of -2.31% from the stock's previous stock close. The stock of Supergroup PLC (LON:SGP) earned "Buy" rating by Cantor Fitzgerald on Thursday, November 5. Deutsche Bank maintained British Land Company PLC (LON:BLND) on Monday, February 1 with "Hold" rating.

Finance Comcast joins the Fox hunt
Author: 0 Comcast joins the Fox hunt

Verizon had expressed preliminary interest, according to people briefed on the matter, though one of them added that the company is not now interested in pursuing a deal. The deal appears to be along similar parameters as talks recently held between Disney and Fox, in which the Mouse House would have acquired Fox's TV and film production business and several cable channels.

Finance Abercrombie & Fitch | $ANF Stock | Shares Explode On Strong Q3 Earnings
Author: 0 Abercrombie & Fitch | $ANF Stock | Shares Explode On Strong Q3 Earnings

Cornerstone Capital Management Holdings LLC. purchased a new position in Abercrombie & Fitch during the 2nd quarter valued at $114,000. (NYSE: ANF ). Barclays Public Ltd has 0% invested in Abercrombie & Fitch Co. The stock realized a fall in short interest from October 13, 2017 to October 31, 2017 of -1.05%. This represents a $0.80 annualized dividend and a yield of 6.37%.

Finance Foot Locker, Inc. (FL) Upgraded at Deutsche Bank AG
Author: 0 Foot Locker, Inc. (FL) Upgraded at Deutsche Bank AG

Dave will look at Foot Locker's past earnings, take a look at what is now going on with the company, and give us his thoughts on their upcoming earnings announcement. Companies with a high P/E ratio are typically growth stocks. The Company is an athletic footwear and apparel retailer, which include businesses, such as include Foot Locker , Kids Foot Locker , Lady Foot Locker , Champs Sports, Footaction, Runners Point, Sidestep and SIX:02.

Finance Oil Drops as US Inventories Build Up
Author: 0 Oil Drops as US Inventories Build Up

Although both Brent and WTI are showing slight signs of recovery, both have shed 4 percent since their 2015 highs last week, weighed down by rising crude inventories in the US. The deal expires in March and was expected to be extended at a November 30 OPEC meeting. Traders are saying the mixed results are in reaction to pressure from surging USA supplies and doubts over Russian support for continuing a cut in crude output.

Finance Moody's ups India rating
Author: 0 Moody's ups India rating

Sovereign credit rating indicates the level of risk faced by investors while investing in a country. In addition, it has changed to stable from positive the ratings outlook for IRFC; EXIM India and its London branch; HDFC Bank, its Bahrain and Hong Kong branches; as well as SBI and its Hong Kong, London, and Nassau branches.

Finance Tesla is popping after its semi truck and roadster announcements (TSLA)
Author: 0 Tesla is popping after its semi truck and roadster announcements (TSLA)

With a full load, the truck can still reach that speed in 20 seconds, according to Musk , much faster than any diesel-powered truck. A software update a year ago put the Tesla Model S P100D second only to the Porsche 918 Spyder in terms of acceleration, reaching 60 miles per hour in 2.28 seconds compared with the 2.2 seconds of the Porsche.

Finance Unemployment Down Slightly in ME in October
Author: 0 Unemployment Down Slightly in ME in October

The state rate represents about 77,000 unemployed people in October compared to about 83,000 jobless people in September. State and local unemployment rates are at their lowest levels in almost two decades. Unemployment remains historically low in ME, with the rate at or below 4 percent for 25 consecutive months, officials say. Gains in manufacturing (+4,200) outweighed losses in construction (-1,100) and mining and logging (-100), the state reported.

Finance Norway's state fund 'needs to ditch oil and gas investments'
Author: 0 Norway's state fund 'needs to ditch oil and gas investments'

The $1 trillion fund that Norway has amassed pumping oil and gas over the past two decades wants out of petroleum stocks. Norges Bank Investment Management, which runs Norway's $1tn oil fund, has recommended that the sovereign wealth fund ditches its investments in oil and gas stocks.

Finance Idaho AAA:
Author: 0 Idaho AAA: "Expect large crowds" of Thanksgiving holiday travelers

Eight-nine percent of all travelers - 45.5 million - are planning a Thanksgiving road trip by vehicle, an increase of 3.2 percent more than past year, AAA said. The organization said a strengthening economy and consumer confidence have prompted Americans to be willing to spend more on travel. "Gas prices still aren't bad", said Haugh.

Finance Broad-based rally lifts Toronto stock index and Wall Street higher, loonie up
Author: 0 Broad-based rally lifts Toronto stock index and Wall Street higher, loonie up

Tompkins Fincl invested 0.15% in Wal-Mart Stores Inc (NYSE: WMT ). Steinberg Global Asset Management owns 4,053 shares or 0.05% of their USA portfolio. It also reduced its holding in National Oilwell Varco Inc (NYSE:NOV) by 305,888 shares in the quarter, leaving it with 1,141 shares, and cut its stake in Time Warner Inc (NYSE:TWX).

Finance TransCanada Keystone pipeline leaks 795000 litres of crude oil in South Dakota
Author: 0 TransCanada Keystone pipeline leaks 795000 litres of crude oil in South Dakota

The Keystone XL pipeline has been opposed by environmental and Native American groups since it was proposed previous year. Emergency response procedures were then activated and the pipeline was shut down . The estimated volume of the leak is approximately 5,000 barrels. TransCanada has indicated that the pipeline from Hardisty, Alberta, to Cushing, Okla., and to Wood River/Patoka, Ill., is expected to remain shut down.

Finance Koch brothers back bid to buy Time Inc
Author: 0 Koch brothers back bid to buy Time Inc

Sales talks between the two companies collapsed earlier this year, but the Kochs' offer of a $500 million equity injection could reinvigorate new negotiations, the Times reported. The common-held wisdom was that the most likely suitor was Meredith Corp., the deeper pocketed Des Moines-based publisher of a stable of titles including Family Circle and Better Homes and Gardens.

Finance Japan: Train departs 20 seconds early, rail operator apologises
Author: 0 Japan: Train departs 20 seconds early, rail operator apologises

Train delays might be so common in Britain that we are shocked to our cores when one actually arrives on time, but in Japan it's another story. The Tsukuba Express line, which runs between Tokyo and the city of Tsukuba, left the station a tad bit too early and management promptly announced that they "sincerely apologize for the inconvenience", BBC News reports.

Finance CFPB Director Cordray announces resignation
Author: 0 CFPB Director Cordray announces resignation

In September, Cordray said the massive data breach at Equifax, the credit reporting firm, is an example of why it's important to have the consumer bureau in place "to hold these companies accountable for making these kind of errors and mistakes".

Finance Bill Gates puts up $100 million to fight Alzheimer's
Author: 0 Bill Gates puts up $100 million to fight Alzheimer's

In a statement, Gates says men in his family have suffered from Alzheimer's and that he is hopeful that in time Alzheimer's could be a chronic condition treatable with medication. The DDF is uniquely positioned to benefit from the expertise of its world-class Scientific Advisory Board (SAB) which includes heads of Neuroscience and/or R&D from seven major pharma companies (Biogen, Eli Lilly and Company, GSK, Johnson & Johnson, Otsuka (Astex), Pfizer and Takeda) and ARUK, who collectively ...

Finance Airbus Stuns With Historic Order After Boeing Took Early Lead In Dubai
Author: 0 Airbus Stuns With Historic Order After Boeing Took Early Lead In Dubai

The blockbuster finale to the main part of the November 12-16 show lifted a despondent mood that had settled over the Airbus chalet when a deal for A380 superjumbos collapsed on day one. Analysts had widely expected Emirates to order more Airbus A380s. This allows the airline to turn over many of its shorter, less profitable routes to FlyDubai.

Finance Best buy; other retail partners have begun the Black Friday launch
Author: 0 Best buy; other retail partners have begun the Black Friday launch

Retail analysts refer to this phenomenon as a shadow of black Friday , where sales are usually limited to the day after the commencement of Thanksgiving during the month. Chains such as Home Depot , Costco , Nordstrom and Marshalls are among those expected to stay closed Thanksgiving Day , according to BestBlackFriday.com, which tracks the industry.

Finance Sprint is adding free Hulu service to its unlimited plan
Author: 0 Sprint is adding free Hulu service to its unlimited plan

And now, Sprint has Hulu . The two companies will also offer Sprint Unlimited customers an upgrade option for Hulu's sports and news-centric live TV plan in the future. Hulu, meanwhile, recently partnered with Spotify on a student deal offering Spotify Premium and Hulu's limited commercial package for just $4.99 per month for college students.

Finance Women Claiming Assault Sue Uber Over Driver-Screening Practices
Author: 0 Women Claiming Assault Sue Uber Over Driver-Screening Practices

According to Recode, the lawsuit argues Uber's screenings for drivers goes back seven years, mostly because the system Uber uses relies primarily on credit reporting systems. "Nothing meaningful has been done to make rides safer for passengers - especially women". The suit claims that this isn't a case of "rogue" drivers, but that Uber has created a system that allows for "bad actors to gain access to vulnerable victims".

Finance Credit Suisse Group Increases Glencore PLC (GLEN) Price Target to GBX 445
Author: 0 Credit Suisse Group Increases Glencore PLC (GLEN) Price Target to GBX 445

Umb Bank N A acquired 12,653 shares as Ventas Inc (VTR)'s stock rose 8.01%. Tributary Capital Management Llc owns 306,240 shares or 1.58% of their USA portfolio. The rating was maintained by Investec with "Hold" on Tuesday, July 28. The firm has "Buy" rating by Liberum Capital given on Wednesday, October 5. The firm earned "Neutral" rating on Monday, January 16 by BNP Paribas.

Finance The Best Cyber Monday Deals on Amazon
Author: 0 The Best Cyber Monday Deals on Amazon

Remember, these prices start to go live on November 17 , and more will open up at various dates and times in the days to follow. The company claims that over 60,000 products will be available with significant discounts. In addition to these deals, Amazon has a few other opportunities for customers on the hunt for the best bargains. On Black Friday proper, you can look forward to more than 30 Deals of the Day and, according to Amazon, thousands of Lightning Deals, which are limited-time ...

Finance Oil market could tip out of balance on rising non-Opec production
Author: 0 Oil market could tip out of balance on rising non-Opec production

According to the IEA's latest World Energy Outlook 2017, it's far too early "to write the obituary of oil". It kept its estimate for this year at 3.08 million bpd. The Paris-based group said it cut its demand outlook for next year by 190,000 barrels a day, and global production could vault above demand by 600,000 barrels a day in the first quarter of 2018, and by 200,000 barrels a day in the second quarter.

Finance GE cuts dividend for second time since Great Depression
Author: 0 GE cuts dividend for second time since Great Depression

Korea Investment CORP now owns 5,895,614 shares of the conglomerate's stock valued at $159,241,000 after purchasing an additional 232,962 shares during the last quarter. GE plunged 8% on Monday, to the lowest level in five and a half years, after the company announced the restructuring and diminished financial targets.

Author: 0 India's October retail inflation touches seven-month high

Inflation has soared this year as a Brexit-hit pound ramped up import costs, which led the Bank of England to raise its key interest rate for the first time in a decade at a meeting earlier this month. INFLATION remained at a five-year high of three per cent last month, putting continued strain on the budgets of United Kingdom households. Food price inflation (combined) stood at 1.90 per cent in October against 1.25 per cent in September and 3.32 per cent in October 2016.

Author: 0 Bombardier gets second customer for its C series jet in a month

Twelve of the aircraft will be turned into a firm order and the remaining 12 are purchase rights. Bombardier has revealed that EgyptAir is planning to acquire up to 24 C-Series aeroplanes. A USA trade commission will decide in early 2018 on whether to impose duties of almost 300 percent on the CSeries, after Boeing complained the planes had been subsidised and sold below cost in the United States.

Finance West Bengal Wins The Battle For Rosogolla
Author: 0 West Bengal Wins The Battle For Rosogolla

West Bengal on Tuesday, November 14, may just have won the bragging rights for the claim of the origin of the Rasgulla, after the iconic sweetmeat that has come to be associated so closely with the state and its inhabitants was awarded the coveted Geographical Indication (GI) tag from the official patent registrars.

Finance China Is Sitting On The Cloud
Author: 0 China Is Sitting On The Cloud

Amazon.com, Inc. (NASDAQ:AMZN) is selling some of its cloud business in China to its Chinese partner Beijing Sinnet Technology Co. for approximately 2 billion Yuan (U.S.$301.2 million). Sinnet has told customers it has been told by the government to close VPNw which circumvent the Great Firewall. Other tech giants from the USA faced hard situations in China.

Finance Four people shot, 2 killed in shooting during Cousin Stizz concert
Author: 0 Four people shot, 2 killed in shooting during Cousin Stizz concert

Two people have been killed and another two are injured after a shooting at an Atlanta nightclub. The ongoing investigation suggests that the two victims had climbed onto the venue's stage between sets. The other two were taken to hospital and are expected to make a full recovery. "I've always called my shows family reunions, because they're never anything but fun, safe, good vibes and positivity", the LA-based rapper wrote .

Finance Brookfield discusses possibilities to purchase GGP for United States dollars 14 billion
Author: 0 Brookfield discusses possibilities to purchase GGP for United States dollars 14 billion

The company now has a consensus rating of Buy and an average price target of $48.88. Brookfield Property Partners L.P. has a 1-year low of $20.31 and a 1-year high of $24.96. The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Author: 0 Missouri AG subpoenas Google in antitrust investigation

With the investigation, the state's top lawyer will examine Google's collection, use and disclosure of personal information; its "alleged misappropriation of online content from the websites of its competitors;" and its manipulation of search results to preference "websites owned by Google" and to "demote" websites that compete with Google, according to a statement.

Finance More Sunshine, Warmer Monday
Author: 0 More Sunshine, Warmer Monday

Highs each afternoon will be in the upper 60s and lower 70s, while lows will be in the 40s. Sunday's chilly rain has moved out, but we're still on the damp side Monday morning, and you may encounter some thick fog as you head out the door for work early on.

Author: 0 Ride-hailing service Lyft expanding to Canada in first push outside US

The company announced Monday that it is coming to Toronto in what will be its first expansion outside of the United States. As if this Canadian expansion wasn't bad enough news for Uber atop its other woes, Bloomberg has also reported that Lyft is set to capture 1/3 of the USA market by Christmas.

Finance Carbon emissions to reach new highs this year
Author: 0 Carbon emissions to reach new highs this year

The report said the global emissions of Carbon dioxide from fossil fuels and industry were projected to rise by about 2% (with an uncertainty range of just between 0.8% and 3%) compared with the preceding year. Much of the rise in carbon emissions this year was attributed to China in the report, which was presented at COP23 in Bonn , Germany. European emissions are expected to decline by.2 percent, which is also lower than the average decline of 2.2 percent per year.