Economy

Caixin China manufacturing PMI for August is 51.6, topping expectations

Caixin China manufacturing PMI for August is 51.6, topping expectations

IHS Markit´s manufacturing PMI gauge reached a four-month high of 56.9 for August, an improvement on the 55.1 registered for July. Asia's factories cranked up production in August as global deman...

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Canadian companies hunker down US Gulf Coast operations to wait out Harvey

Canadian companies hunker down US Gulf Coast operations to wait out Harvey

The average gallon of gas in the US fetched $2.368 on Monday, compared with $2.334 a week ago, according to AAA. At a Fort Worth Costco, customers were greeted with pre-hurricane prices, just a frac...

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Jeff Immelt bows out of consideration for Uber CEO job

Jeff Immelt bows out of consideration for Uber CEO job

The board settled on Khosrowshahi - whose name wasn't even on the radar of most industry experts following the drama - after Hewlett Packard Enterprise CEO Meg Whitman and former General Electric CEO ...

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New Uber CEO Dara Khosrowshahi: 5 things to know

New Uber CEO Dara Khosrowshahi: 5 things to know

Expedia has a market capitalization of $22.6 billion, far less than the $68.5 billion valuation ascribed to Uber by its private investors, despite its large and continuing losses . The company rel...

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Investor Benchmark claims ex-Uber CEO is a 'corrosive influence'

Investor Benchmark claims ex-Uber CEO is a 'corrosive influence'

However, Uber in its current form does remain utterly dominant. Uber, facing myriad lawsuits , also has $6.6 billion on hand and says it has an adjusted net revenue of $1.75 billion up from $1.5 bi...

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Bruce Forsyth dies aged 89

Bruce Forsyth dies aged 89

The beloved The Price is Right and former Strictly Come Dancing presenter, who had been battling ill health for some time, was 89. Sir Bruce's former Strictly Come Dancing co-star Tess Daly...

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In India a passenger train derailed, there are victims

In India a passenger train derailed, there are victims

Officials said they were not in a position to confirm the number of deaths. Local volunteers helped police free passengers trapped in the wreckage. Minutes later, the Janata Express also derailed at...

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Was hard to continue with continuous stream of distractions: Vishal Sikka

Was hard to continue with continuous stream of distractions: Vishal Sikka

UB Pravin Rao , Infosys' chief operating officer, was named interim managing director and CEO. Infosys , in a surprise announcement, said Mr Vishal Sikka has resigned as chief executive, citing...

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Are Shraddha and Prabhas charging this huge amount for Saaho?

Are Shraddha and Prabhas charging this huge amount for Saaho?

Sadly, that didn't happen as Anushka had scheduling problems, having given away the bulk of her dates to a big-budget Tamil film. The makers are quite excited to welcome Shraddha to the " Saaho " fa...

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Uber admits it failed on consumer privacy, settles with FTC

Uber admits it failed on consumer privacy, settles with FTC

After news reports that employees were improperly accessing consumer data , Uber said in November 2014 that it had a strict policy prohibiting workers from accessing information about customers ...

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Oil prices rise on falling USA crude stocks, but global glut weighs

Oil prices rise on falling USA crude stocks, but global glut weighs

Crude inventories fell by 8.95 million barrels in the last week, almost three times analysts' expectations for a decrease of 3.1 million barrels. The TSX shed 22 points on Tuesday, with material and...

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Uber shareholders feud over investor's lawsuit

Uber shareholders feud over investor's lawsuit

Benchmark, which led Uber's Series A funding round in early 2011, has injected almost $30 million into the company, according to fellow shareholders. Benchmark Capital said Kalanick was still involv...

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Easyjet part of talks for Air Berlin assets

Easyjet part of talks for Air Berlin assets

The German airline said in a statement that it had filed for insolvency with the court of Berlin-Charlottenburg after Etihad pulled funding. Etihad's then-chief James Hogan said at the time that his c...

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Disney Ends Partnership With Netflix To Launch Its Own Streaming Service

The pullout means new Disney movies on Netflix , such as " Moana " and " Rogue One ", have a limited shelf life. Disney announced it will end its distribution agreement with Netflix beginning...

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Income Tax Department Deactivated 11 Lakh PAN Cards ; Know your PAN Status

Income Tax Department Deactivated 11 Lakh PAN Cards ; Know your PAN Status

The linking of the PAN with UIDAI-linked Aadhaar was made compulsory by the government for filing income tax returns. This crackdown on multiple PAN cards was necessary to prevent identity theft...

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Australia Maintains Record Low Interest Rate

Australia Maintains Record Low Interest Rate

Labour markets have tightened further and above-trend growth is expected in a number of advanced economies, although uncertainties remain. Higher commodity prices, weakness in the USA dollar and som...

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Auto sales sputtering for 7th straight month

Auto sales sputtering for 7th straight month

US sales of new cars and trucks were expected to show a decline in July as consumers pulled back on purchases and waited for Labor Day deals. Declining sales could leave the Detroit Three with too m...

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Are Analysts Bullish United Utilities Group PLC (LON:UU) After Last Week?

Are Analysts Bullish United Utilities Group PLC (LON:UU) After Last Week?

Liberum Capital reiterated a "hold" rating on shares of Rathbone Brothers plc in a report on Thursday, May 11th. On Monday, December 14 the stock rating was maintained by Bernstein with "Outperform". ...

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Iranians: US Navy ship fired warning flares in Persian Gulf

Iranians: US Navy ship fired warning flares in Persian Gulf

Then American warships opened fire in what the IRGC described as " a provocative and unprofessional move ". In March, Washington said that Iranian fast-attack boats came dangerously close to a Unite...

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Tesla Model 3 handed over to first customer

Tesla Model 3 handed over to first customer

The auto has a range of 220 to 310 miles and has been created to "have the highest safety ratings in every category, " the company said . Fourteen-year-old Tesla has never made more than 100,000 c...

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Inflation rate cools in June quarter

Inflation rate cools in June quarter

It has nowhere to go. If consumers substituted cheaper goods for those that jumped in price, it could limit the upward impact on the CPI. Opposition Leader Bill Shorten's recently claimed that inequ...

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Oil producers seek further output cuts at Russian Federation meeting

Oil producers seek further output cuts at Russian Federation meeting

On the New York Mercantile Exchange crude futures for August delivery rose 1.3% to settle at $46.34 a barrel, while on London's Intercontinental Exchange, Brent added 1.21% to trade at $48.64 a barrel...

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Moody's Corporation, General Electric Company Q2 2017 Earnings

Moody's Corporation, General Electric Company Q2 2017 Earnings

Going the other way, eBay fell in pre-market trade after its second-quarter sales and earnings came in as expected. Shares of Dow component GE slipped 0.1% to $26.67. Immelt said the company would...

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Community Healthcare Trust Inco (NYSE:CHCT) Sees Significantly Lower Trading Volume

On Monday, March 13 Mackie Lindsey bought $10,717 worth of Education Realty Trust, Inc. (NYSE:DLR) has risen 23.90% since July 17, 2016 and is uptrending. 171.91 million shares or 3.08% more from 16...

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Avis Budget Group, Inc. (CAR) Receives $34.00 Consensus PT from Brokerages

The stock rose 6.90% or $2.04 reaching $31.62. Several other institutional investors also recently bought and sold shares of auto. It has underperformed by 31.60% the S&P500. Investors sentiment dec...

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76ers' Ben Simmons: 'Team wants me to start at point guard'

76ers' Ben Simmons: 'Team wants me to start at point guard'

Fultz posted a message on Twitter on Sunday: "I'm ok, thank you for all who where anxious!" "But I'm a starting point guard", Simmons told reporters Sunday at the Las Vegas summer league. However, thi...

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CFPB Bans Mandatory Arbitration in Financial Services Contracts

CFPB Bans Mandatory Arbitration in Financial Services Contracts

A new rule meant to give consumers greater protection against financial institutions will likely lead to a host of regulatory challenges for community banks, and even more worrisome, potentially c...

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ClubCorp bought out by Apollo for $1.1 billion

ClubCorp bought out by Apollo for $1.1 billion

X Co Limited Liability owns 623,843 shares or 0.4% of their United States portfolio. Three Peaks Management Ltd Liability owns 194,438 shares or 0.43% of their USA portfolio. Analysts expect Exxon Mob...

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Hawks Will Not Match Tim Hardaway Jr's Offer Sheet

Hawks Will Not Match Tim Hardaway Jr's Offer Sheet

The following year, Hardaway upped his scoring average by posting 11.5 points per game, but he shot just 38.9 percent from the field and 34.2 percent from downtown. If the Knicks can come to terms wit...

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Magnitude Earthquake Rattles Western Montana

Magnitude Earthquake Rattles Western Montana

Thursday, the U.S. Geologic Survey reported . There were no immediate reports of injuries or serious damage from the magnitude-5.8 natural disaster that hit early Thursday, but the eight patrons at...

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Qatar to boost gas output regardless of Gulf diplomatic row

Qatar to boost gas output regardless of Gulf diplomatic row

The timing of the announcement suggests that OPEC member Qatar, the world's largest producer of liquefied natural gas, aims to project an image of business-as-usual economic strength as it weathers th...

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Vehicle sales decline sharply in June

Vehicle sales decline sharply in June

Mufg Americas Hldg has invested 0.01% in Ford Motor Company (NYSE: F). The Massachusetts-based Baystate Wealth Management Llc has invested 0% in the stock. It has underperformed by 17.33% the S&P500...

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South Pars phase 12 annual output nears 20bcm

South Pars phase 12 annual output nears 20bcm

Total will operate the project with a 50.1% interest alongside Petropars (19.9%) and the CNPC (30%). "The worldwide contract for development of Phase 11 of South Pars in the framework of IPC (I...

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International Monetary Fund cuts U.S. growth outlook amid absent policies

International Monetary Fund cuts U.S. growth outlook amid absent policies

The IMF called for policies to raise the potential growth rate of the United States economy, including through investments in improved education and training programs, and policies to provide incentiv...

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Supreme Court reinstates President Trump's travel ban

Supreme Court reinstates President Trump's travel ban

The Court will allow the ban to stand except for individuals who have family relationships with residents in the United States and are traveling to the country for family visits , to work, or to ...

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Sensex, Nifty Give Up Early Gains

Sensex, Nifty Give Up Early Gains

The broader Nifty index finished at 9,630, down 3.60 points from its previous close. Realty, metal, power and auto rose up to 1.09%, staying in the positive zone. Shares of Maruti Suzuki India Ltd...

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A Look at 2 Trending Stocks: TimkenSteel Corporation (TMST), CytRx Corporation (CYTR)

Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Alpha One also assigned news articles about the biotechnology company an impact score of 69 out of 100, ...

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Cenovus Energy CEO Brian Ferguson will retire, shares take tumble

Cenovus Energy CEO Brian Ferguson will retire, shares take tumble

The current consensus recommendation provided by covering analysts is 2.40. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. This represents a $0.15 dividend ...

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The Investors Buy High Volume of Ford Motor Company Call Options (F)

The firm has a market cap of $44.68 billion, a price-to-earnings ratio of 11.95 and a beta of 1.03. Sales growth in the quarter for Honda Motor Co., Ltd. Clearbridge Invests Limited Company accumulate...

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Donald Trump signs Qatar arms deal

Qatar's Ministry of Defense said on Wednesday the country signed a deal to buy F-15 fighter jets from the United States for $12 billion. Last year, after the State Department approved the j...

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