Finance

Finance Diary Gate: CBI files FIR against its ex-chief Ranjit Sinha
Author: 0 Diary Gate: CBI files FIR against its ex-chief Ranjit Sinha

After Sharma's report, the Apex Court had constituted a special investigation team (SIT) headed by Director CBI to look into Sinha's role. The apex court in September 2015 appointed a team led by former CBI special director M.L. Sinha's residence was genuine. Three months after the Supreme Court ordered a detailed inquiry into the matter, the agency has filed a case against its former chief.

Author: 0 James leads Cavs sweep Pacers into second round

Rondo fined $25K: The NBA fined Chicago Bulls guard Rajon Rondo $25,000 for attempting to trip Boston Celtics forward Jae Crowder from the bench in Game 3 of their first-round series. Would Indiana have won if the travel were called? Channing (Frye ), Shump (Iman Shumpert), D-Will (Deron Williams), Kyle (Korver), those guys came in and gave us huge minutes.

Finance WTO ruling favors Mexico in US 'dolphin-safe' tuna spat
Author: 0 WTO ruling favors Mexico in US 'dolphin-safe' tuna spat

Mexican officials insist that other countries didn't face the same level of enforcement from the U.S. The US government disagrees. In past decisions, the WTO has held that the US "dolphin-safe" labeling improperly interfered with trade. Trump's decision to go after Canada first with tariffs was particularly surprising given his harsh criticism of Mexico on the campaign trail. They argued that they have upheld worldwide standards on commercial fishing and environmental preservation.

Author: 0 Justin Trudeau tells Donald Trump he will 'vigorously defend' Canadian lumber

But his tune changed Tuesday morning. "For us, (U.S. tariffs are) a negative effect on our Canadian business, but the real loser in all of this is the USA homebuilder and USA consumer". Also, it's helpful to know that "softwood lumber is made from trees that have cones, such as spruce, pine and fir". USA lumber companies started alleging in the 1980s that Canadian companies have been unfairly subsidized by their government.

Author: 0 Miguel Sano and Matthew Boyd ejected after Twins vs. Tigers brawl

He woke up at 4:15 on Sunday morning, had his connecting flight in Chicago delayed, and arrived at Target Field about 90 minutes before the first pitch to learn that he was in the lineup and hitting seventh. Tulowitzki removed himself from Friday night's 13-inning, 8-7 victory over the Los Angeles Angels in the eighth inning after taking third base on a wild pitch by Cam Bedrosian.

Finance Revenue Forecast of Ocwen Financial Corp. (OCN)
Author: 0 Revenue Forecast of Ocwen Financial Corp. (OCN)

The stock now shows its YTD (Year to Date) performance of -58.07 percent while its Weekly performance value is -58.91%. A number of brokerages recently issued reports on OCN. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & worldwide copyright law. The financial services provider reported ($0.08) earnings per share (EPS ) for the quarter, beating analysts' consensus estimates of ($0.19) by $0.11.

Finance Chelsea Boss Explains Why Hazard & Costa Were Benched
Author: 0 Chelsea Boss Explains Why Hazard & Costa Were Benched

It was one of those days when everything he tried worked wonders and the nature of the win can surely propel Chelsea to the Premier League and FA Cup double. Conte chose to rest star forwards Eden Hazard and Diego Costa against Tottenham. Cesc Fabregas had earlier stated that Hazard was playing on the level of Messi but was not being selfish enough.

Author: 0 Donald Trump govt to announce major tax reforms in USA next week

The administration seeks to push annual economic growth above 3 percent, roughly double the 1.6 percent growth achieved previous year. The concept was popularized as "trickle-down" economics during the Reagan years. He said he wanted to lower the corporate tax rate to 15 percent from 35 percent, and reduce the seven individual tax brackets to four, with the highest rate dropping to 25 percent from 39.6 percent.

Author: 0 3 children among 5 dead in catastrophic Queens house fire

A 9-year-old boy and 14-year-old girl also died. Though the New York City Fire Department responded to the blaze within four minutes of receiving the call, the house was already engulfed in flames and there were no survivors, other than a man who jumped or fell from a second-floor window after neighbors heard a series of booms coming from the house.

Finance Maternity hospital site offer to be reviewed after uproar
Author: 0 Maternity hospital site offer to be reviewed after uproar

A decision on a planning application on the new hospital is due in August or September. Earlier on Tuesday the board of St Vincent's released a statement to clarify that all medical procedures allowed under law will be carried out in the Maternity Hospital.

Finance States to pass GST Bill by mid-May
Author: 0 States to pass GST Bill by mid-May

He said even though there was a provision in the GST Act for refunding taxes paid by foreign tourists, it would not be available now but would not be taken up later. "For instance, services with abetment with valid reason, may have a lower tax rate of below 18%". GST Network (GSTN) is the firm which is building the IT backbone of the unified tax, which is scheduled to go into effect from July 1.

Finance General Motors Company (GM); More Constructive FY17 Remains Intact For Now
Author: 0 General Motors Company (GM); More Constructive FY17 Remains Intact For Now

Jefferies Upgrade its coverage for Ford Motor Co. 10/31/2016 - Ford Motor Company was upgraded to "neutral" by analysts at Daiwa Capital Markets. The Company has 52-week high of $13.49 and 52-week low of $10.75. If you are accessing this piece on another domain, it was stolen and republished in violation of USA & worldwide trademark and copyright law.

Finance The Traders Buy Large Volume of Call Options on UnitedHealth Group (UNH)
Author: 0 The Traders Buy Large Volume of Call Options on UnitedHealth Group (UNH)

UnitedHealth Group Incorporated (NYSE:UNH) shares ended at $172.33 with 2.83 mln shares exchanging hands. The company's stock had a trading volume of 693,333 shares. BTC Capital Management Inc. purchased a new stake in UnitedHealth Group during the third quarter valued at about $1,963,000. The institutional investor owned 12,275 shares of the healthcare conglomerate's stock after buying an additional 818 shares during the period.

Finance Biogen revenue, profit beat Street on strong Spinraza launch
Author: 0 Biogen revenue, profit beat Street on strong Spinraza launch

The consensus rating is 2.2, suggesting the market has given up on the stock. Ltd acquired a new stake in shares of Biogen during the fourth quarter worth about $110,000. The correct version of this report can be read at [[permalink]]. TheStreet upgraded Biogen from a "c+" rating to a "b-" rating in a research report on Tuesday, February 21st.

Finance United Airlines CEO won't resign
Author: 0 United Airlines CEO won't resign

United spokeswoman Megan McCarthy said on Wednesday that the passengers can take the compensation in cash, travel credits or miles . By "these customers" did he mean the other passengers on the plane who were witnesses to the heinous act, passengers who are inconvenienced due to flights overbooking or the man who was forcibly removed? Further, Munoz said United will not use law enforcement to remove on-board passengers in the future, as was the case on Sunday evening.

Finance Halting progress on Wisconsin dairy farm crisis as trade dispute heats up
Author: 0 Halting progress on Wisconsin dairy farm crisis as trade dispute heats up

New duty on softwood lumber and talk from US President Donald Trump on making changes to dairy trade between the US and Canada has farmers in Alberta concerned. -Trade uncertainty back to the forefront after USA announced preliminary duties on Canadian softwood lumber exports. "The accusations are baseless and unfounded".

Finance France's far-right reaches across spectrum as runoff looms
Author: 0 France's far-right reaches across spectrum as runoff looms

In Montreal on Saturday, thousands of French citizens waited in lines that stretched up to eight blocks long to cast their votes, with many saying they were motivated to help keep the far-right out of power. They burst into a rendition of the French national anthem, and waved French flags and blue flags with "Marine President" inscribed on them. That mainstream backing could be crucial for Macron in the second round of the election, given he is running without the support of an established ...

Finance Counting of votes begins, BJP Is Ahead
Author: 0 Counting of votes begins, BJP Is Ahead

As many as 18 political parties are in the fray in the civic elections, with key contestants being the BJP, Congress, AAP, JDU, Swaraj India, BSP and Shiv Sena. Appealing to the people of Delhi, CM Kejriwal after he cast his vote on Sunday asked that Delhiites should vote today to eradicate dengue, chikungunya from the city.

Finance Cost Cuts at Coca-Cola Go Deeper, Including Jobs
Author: 0 Cost Cuts at Coca-Cola Go Deeper, Including Jobs

UMB Bank N A MO now owns 155,331 shares of the company's stock valued at $6,592,000 after buying an additional 2,408 shares in the last quarter. 09/11/2015 - Coca Cola Femsa S.A.B.de C.V. It has a dividend yield of 2.35%. Consolidated had its "buy" rating reiterated by analysts at Deutsche Bank. The relative volume (ratio between current volume and 3-month average) is presently sitting at 0.62.

Author: 0 Trump slaps tariff on Canadian softwood lumber

Lumber prices may actually decline in order to curtail Canadian shipments to the United States, he said. He also said, "We will not stand for this". President Donald Trump surprised investors late Monday by announcing to a group of reporters that his administration planned on levying a 20% tariff on Canadian soft-lumber exports.

Author: 0 Asian stocks extend gains on bullish Wall Street, euro steady

Japan's Nikkei share average retook the 19,000 level on Tuesday for the first time in three weeks, buoyed by overseas gains as well as relief that North Korea did not conduct another missile test to mark a military anniversary. On Monday the contract fell 39 cents to settle at $49.23 per barrel. Brent crude, which is used to price worldwide oils, added 24 cents to $51.84 a barrel.

Finance Kohli pain after Bangalore set new low in IPL
Author: 0 Kohli pain after Bangalore set new low in IPL

Kolkata Knight Riders skipper Gautam Gambhir not just praised Dhoni on the eve of Wednesday's clash against RPS, he also blasted critics who wrote off champions on the basis of a few bad performances. We are halfway through and seven more games left. I have never imposed myself but the batting collapse hurt me. But you can't have a bad day from the intensity point of view.

Finance AT&T earnings meet expectations, but revenue falls short
Author: 0 AT&T earnings meet expectations, but revenue falls short

It has 4.6 million AT&T Fiber customer locations, with plans to add two million in 2017. Excluding special items, adjusted earnings were $0.74 per share. Stephens called out AT&T's bundling of HBO for no extra cost with the Unlimited Plus wireless plan as helping cut subscriber churn . It lost 233,000 video customers, however, a deeper loss than the year before.

Author: 0 Prudential PLC reiterated as Buy By Berenberg Bank

HSBC noted a target price of 260 on Tesco's shares. Kaiser Aluminum Corp had 12 analyst reports since July 28, 2015 according to SRatingsIntel. Tesco has 8,154,000,000 shares now held by shareholders which now trade around the 175.65 mark which totals Tesco's market capitalisation to 14.32B GBP.

Finance Drinking diet (or regular) soda may damage your brain
Author: 0 Drinking diet (or regular) soda may damage your brain

Matthew Pase, the lead researcher of the new study, claims that he and his team could not indicate the cause and the effect of this type of drinks. And no connection was found with other sugary beverages, such as sugar-sweetened soda and fruit juice.

Finance Amazon Debuts Marketplace for Digital Subscription Providers
Author: 0 Amazon Debuts Marketplace for Digital Subscription Providers

Amazon's popular subscription service , Prime, has doubled in size over the past two years to 80 million members, according to new data released Tuesday by research firm Consumer Intelligence Research Partners . Aside from that, there would be opportunity for subscribers to explore offering exclusive deals to Prime members. "You have full control over pricing, with the option to create different tiers of service, offer a free trial or set an introductory price", according to the ...

Author: 0 Doctor fought with officers on United flight

The police officer claims that " minimal but necessary force " was used in the incident - which went viral thanks to a video of David Dao, 69, being dragged down the aisle covered in blood. United Chief Executive Officer Oscar Munoz has said he was "personally committed to putting proof behind our promise" in the carrier's commitment to reforms.

Finance Corn, Soybean Planting Begins in South Dakota
Author: 0 Corn, Soybean Planting Begins in South Dakota

New-crop December corn rallied above its 50-, 100- and 200-day moving averages. Bearish traders are focused on speedy planting after a government report showed about 17 percent of the corn crop was in the ground as of last Sunday, only 1 percentage point behind the five-year average, according to the Department of Agriculture.

Finance Netflix to Raise $1.09B Via Debt Offering Amid Rising Content Spending
Author: 0 Netflix to Raise $1.09B Via Debt Offering Amid Rising Content Spending

However, as Recode noted , Netflix remains in a growth position, and as a result its finances aren't keeping pace. The company might also use it for capital expenditures and investments. The company reported $46.74 million in interest expense for the first quarter of 2017, on revenue of $2.67 billion. Analysts also said the latest management commentary that day meant Netflix would likely continue to report free cash flow losses in the coming years, requiring additional funding.

Author: 0 Trump's 'big announcement' on tax to be broad principles

United States president Donald Trump will unveil a major tax reform package on Wednesday, the latest attempt by the president to rush through policy initiatives before he reaches the 100-day mark in office next weekend. Addressing Treasury Secretary Steven Mnuchin, Trump said, "So, go to it". There are very few policy ideas more unpopular than lessening the tax burden of rich people; except, perhaps, for raising them on middle-income households.

Finance Barrick Gold Corp (ABX) Upgraded by Vetr Inc. to
Author: 0 Barrick Gold Corp (ABX) Upgraded by Vetr Inc. to "Buy"

The company says about 67% of the reduction in gold production "is attributable to the anticipated sale of 50% of Veladero", an asset in Argentina. It has a Return on Investment (ROI) of -2.80% and a gross margin of 75.00%. The correct version of this article can be viewed at https://www.themarketsdaily.com/2017/04/25/barrick-gold-corp-abx-upgraded-by-vetr-inc-to-buy.html.

Finance United Airlines issues new crew booking policy
Author: 0 United Airlines issues new crew booking policy

United said on Friday it was changing its policy on booking its flight crews onto its own planes. Videos of the incident went viral and sparked outrage online. Last year, the average cash payout for passengers who were denied boarding was $9. To make matters worse, United CEO Oscar Munoz apologized for having "to reaccommodate these customers".

Finance Mehbooba chairs crucial security meeting in Srinagar
Author: 0 Mehbooba chairs crucial security meeting in Srinagar

Mufti also met with home minister Rajnath Singh. She said that some of the youth were disillusioned by the state but a large majority was being systematically incited against the establishment. The Prime Minister "urged states to reach out to these students (of J&K) from time to time", said a statement by the PMO quoting Modi's concluding remarks.

Author: 0 Oil markets on path to recovery due to Opec deal

USA crude stocks fell last week as refineries hiked output, but gasoline supplies, which are already seasonally high, surprisingly increased, the Energy Information Administration said on Wednesday. The gasoline build was a bit of a surprise but makes sense given that this is the time of year refinery runs increase", Wellington, Florida-based Energy Analytics Group LLC director, Thomas Finlon, told Bloomberg by telephone.

Author: 0 Samsung Galaxy S6: Nougat For Verizon Users Is Here!

But Nikkei has more details about Apple's issues, which actually make this delay sound pretty exciting. But Samsung wasn't having any of that. According to several users, all you have to do is tap on the Bixby button very quickly, and the digital assistant should launch on the Galaxy S8 every time.

Author: 0 Indian Bank's Q4 net grows three-fold as NII improves

Public-sector giant Indian Bank's fourth quarter profit increased three-fold to Rs 319.70 crore from Rs 93.62 crore for the corresponding quarter in the previous year. The board recommended a dividend of ₹0.75 an equity share of ₹10 each (7.5 per cent) for FY17. The bank's revenue from treasury operations increased 20% to Rs 1,403.05 crore and retail banking rose 3.3% to Rs 1,535.68 crore.

Finance Freeport-McMoRan Cuts Production Forecast Over Dispute With Indonesia
Author: 0 Freeport-McMoRan Cuts Production Forecast Over Dispute With Indonesia

On the bright side, the company's share price has been on the rebound, up more than 51.52% since hitting lows of $9.24 on October 13, 2016. The firm's market capitalization is $18.93 billion. Stock: Freeport shares climbed 2% in early trading on the stock market today. Also, Director Jon C/ Madonna sold 14,000 shares of Freeport-McMoRan stock in a transaction that occurred on Wednesday, February 1st.

Author: 0 United Airlines CEO loses promotion post passenger manhandling incident

Munoz is able to more exclusively focus on his role as chief executive officer", United Continental Holdings Inc. said in a regulatory filing Friday. Munoz, who took his current position in September 2015, a year ago earned a base salary of $1.25 million, plus stock awards and equity payments for a total compensation package of $18.7 million.