Business


Stock in Mylan falls as it announces no new products in 2017 Stock in Mylan falls as it announces no new products in 2017
- August 10, 2017

That missed analysts' average estimate of $1.16. Mylan N.V. no longer expects to launch generic copies of the blockbuster asthma drug Advair or multiple sclerosis medicine Copaxone this year, a delay which led the specialty pharma to cut its revenue forecasts for 2017. (more...)
Sea Of Saffron In Mumbai, 900000 Marathas Arrive For Protest: 10 Facts Sea Of Saffron In Mumbai, 900000 Marathas Arrive For Protest: 10 Facts
- August 10, 2017

Rising unemployment and falling incomes are driving farming communities across India to redouble calls for reservations of jobs and education, especially for the underprivileged Maratha community in western India. "A delegation of 25 protesters will meet Chief Minister Devendra Fadnavis with a charter of demands, including those for reservations", Mr. Rane said at a press conference at Vidhan Bhavan. (more...)
Why Priceline, TripAdvisor Are Getting Hammered After Earnings Why Priceline, TripAdvisor Are Getting Hammered After Earnings
- August 10, 2017

Sustainable Growth Advisers Lp increased Core Laboratories Nv (NYSE:CLB) stake by 239,940 shares to 1.57M valued at $188.78M in 2016Q4. Rosenbaum Jay D. If you are accessing this report on another publication, it was copied illegally and republished in violation of USA & worldwide copyright and trademark law. (more...)
British Airways announces non-stop flights from Nashville to London British Airways announces non-stop flights from Nashville to London
- August 10, 2017

British Airways has confirmed rumours that it will be launching flights between London and Nashville in the US. "We provided refreshments, hotel accommodation and help with expenses during the delay, and the flight departed yesterday". (more...)
Twenty-First Century Fox Profit Tops Street Twenty-First Century Fox Profit Tops Street
- August 10, 2017

The company's P/E ratio is 16.74 and the market cap is 50.38B. The company is now down since yesterday's close of $27.71. About 33,372 shares traded. Federated Investors Inc Pa owns 2.14 million shares. Moreover, First Advisors LP has 0.01% invested in NV5 Global Inc (NASDAQ:NVEE). As of the latest earnings report the EPS was $1.63 and is estimated to be $1.95 for the current year with 1,850,855,000 shares presently outstanding. (more...)
Nissan Owners Could Get $500 As Part Of Takata Air Bag Settlement Nissan Owners Could Get $500 As Part Of Takata Air Bag Settlement
- August 10, 2017

That agreement with Toyota Motor., Subaru , Mazda Motor and BMW won preliminary court approval in June. So widespread was the devastating affect that Takata Motor Corp had to file for a bankruptcy protection in June. Exploding inflators have burst with excessive force and discharged metal shrapnel inside vehicles. This has triggered the largest automotive recall in US history with the company claiming that as many as 40 million airbag inflators are defective. (more...)
Oprah's new food line hits supermarket shelves Oprah's new food line hits supermarket shelves
- August 10, 2017

The O, That's Good! line-which got its name from Winfrey's reaction to the winning recipes-will begin appearing in grocery stores in early August and will be available nationally by October. To develop the new brand, Kraft Heinz and Ms. Winfrey collaborated with a team of creative chefs, the company said. Earlier this month, the company reported net sales of $6.7 billion - down 1.7% on the same period a year ago, and the third successive quarter in which Kraft Heinz has recorded a ... (more...)
PRA chief flags increase in Brexit-related Part VII transfers PRA chief flags increase in Brexit-related Part VII transfers
- August 10, 2017

The Bank of England's Prudential Regulation Authority (PRA) has received Brexit contingency plans from 401 banks, investment firms and insurance companies. He said this would place a "material extra burden on the PRA's resources" and posed a "material risk to our objectives". Woods reiterated the need for a transitional period after Brexit "in order to give United Kingdom and European Union firms more time to make the necessary changes to adjust to the UK's new relationship with the ... (more...)
Airlines Are Bumping Far Fewer People From Flights Airlines Are Bumping Far Fewer People From Flights
- August 10, 2017

Delta, Hawaiian and Frontier had the lowest cancellation rates. Delta Air Lines also raised the amount of money its employees could offer. After the series of incidents, a few airlines - including United - changed some of their customer service policies. (more...)
Guam residents fear attack after N.Korean threat
- August 10, 2017

Residents of the US territory Guam say they're afraid after being caught in the middle of rising tensions between President Donald Trump and North Korea. "If you go to airborne alert - we used to call it "chrome dome" - with nuclear weapons, and then we start building up our other forces, et cetera, he will not last 15 minutes", McInerney said. (more...)
Police hunt for 'BMW' driver who mowed down 6 French soldiers Police hunt for 'BMW' driver who mowed down 6 French soldiers
- August 10, 2017

Police officials said that they took the man into custody on a motorway after shooting him. However, the interior minister said after visiting three of the soldiers with Defense Minister Florence Parly that all of them were expected to recover. (more...)
Montreal Sets Up Temporary Shelters To Handle Influx Of Asylum Seekers Montreal Sets Up Temporary Shelters To Handle Influx Of Asylum Seekers
- August 10, 2017

Patrick Lefort, a spokesperson for the Canada Border Services Agency, said there are now 700 people waiting to be processed who have crossed at Roxham Road. All but a few will return to their home base once the site is completed. Authorities are also facing logistical challenges in providing schooling, accommodation and other services once asylum seekers get to Montreal. (more...)
Ireland team change London hotel after norovirus outbreak Ireland team change London hotel after norovirus outbreak
- August 10, 2017

That has also been confirmed by Public Health England. A reported 12 athletes, including Barr, were taken ill at the hotel, however there is no route back into London 2017 for the Waterford man or for the other impacted athletes. "We continue to liaise with the medical authorities and the IAAF to ensure the comfort of those guests affected and the health and wellbeing of all our guests remains a priority". (more...)
Valeant Pharmaceuticals International Sees Unusually Large Options Volume (VRX) Valeant Pharmaceuticals International Sees Unusually Large Options Volume (VRX)
- August 09, 2017

The company has market cap of $15.69 billion. The firm earned "Sector Perform" rating on Monday, October 31 by RBC Capital Markets. It has a 48.88 P/E ratio. Investors sentiment decreased to 0.78 in Q4 2016. Its down 0.10, from 0.88 in 2016Q3. Sold All: 82 Reduced: 87 Increased: 82 New Position: 49. 193.03 million shares or 13.22% less from 222.43 million shares in 2016Q3 were reported. (more...)
Dutch authorities begin testing chicken meat as contaminated eggs scandal widens Dutch authorities begin testing chicken meat as contaminated eggs scandal widens
- August 09, 2017

Millions of tainted eggs have been found in all but one of Germany's 16 states. Financial losses from the contamination are already in the millions of dollars. Compliance with food security regulations is the prime responsibility of farmers, producers, business people and other operators, each of which must have an auto-control system ensuring that the products they process satisfy safety, quality and traceability criteria issued by Afsca. (more...)
Premier Foods (LON:PFD) Analyst Target Prices Premier Foods (LON:PFD) Analyst Target Prices
- August 09, 2017

The stock has "Corporate" rating by FinnCap on Monday, April 25. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios. (more...)
Triumph Motorcycles partners with Bajaj Auto of India Triumph Motorcycles partners with Bajaj Auto of India
- August 09, 2017

The arrangement gives Bajaj access to Triumph's iconic heritage, and great bikes. In a development that would change competition in motorcycle manufacturing sector, India's second largest manufacturer, Bajaj Auto , had inked a deal with the iconic British brand, Triumph Motorcycles , for manufacturing mid-capacity motorcycles - giving a tough time to some of the leading players in the sector. (more...)
Didi Chuxing's proxy war with Uber has expanded to the Middle East Didi Chuxing's proxy war with Uber has expanded to the Middle East
- August 09, 2017

DiDi is the world's second most valuable venture-backed start-up after Uber, having last been valued at $50 billion according to venture investment tracking firm CB Insights, having raised $13 billion in funding over the past five years. "Through technology exchange and co-development, we look to support continued growth and transformation of the region's transportation industry, tap into the significant potential of the local internet economy, and foster more innovative services for a broader ... (more...)
Mazda to use diesel technology to build ultra-efficient petrol engines Mazda to use diesel technology to build ultra-efficient petrol engines
- August 09, 2017

It's compression ignition will make sure the fuel-air mixture ignites spontaneously when compressed by the piston. SkyActiv-X will avoid the issue by operating as a conventional, spark plug-ignited engine when conditions demand it. It also implies the company will take a broad approach to electrification. This plan involves reducing emissions across the company as well as the full life-cycle of its vehicles. (more...)
Aperio Group LLC Buys 95901 Shares of Vodafone Group PLC (VOD) Aperio Group LLC Buys 95901 Shares of Vodafone Group PLC (VOD)
- August 09, 2017

The Fund's investment objective is to maintain a high level of current income. Among 16 analysts covering Halma PLC ( LON:HLMA ), 6 have Buy rating, 4 Sell and 6 Hold. Sinotrans Ltd (0598.HK) shares are being closely watched as the Rank Correlation Indicator has shown an upward 3 bar near-term trend, indicating that a reversal might be near. (more...)
Pilotless planes could save airlines $35 bn Pilotless planes could save airlines $35 bn
- August 09, 2017

It could be just the thing the airline industry needs: A recent report from a pilot training company said 255,000 new airline pilots must be added over the next 10 years in order for airlines to sustain the growth and support retirements of current pilots. (more...)
Uber is phasing out its subprime car-leasing division after massive losses Uber is phasing out its subprime car-leasing division after massive losses
- August 09, 2017

The plan comes after Uber executives were informed that losses were $9,000 per vehicle on average, steeply above the previous estimates of around $500 per auto, according to the report. The ride-hailing company is aiming to close out or sell most of the business by year-end, these people said. Uber's business model requires a constant influx of drivers, so it's taken to investing in controversial leasing programs. (more...)
Most active securities in terms of value on Monday Most active securities in terms of value on Monday
- August 09, 2017

Also, the NSE Nifty was quoting 19.10 points or 0.19 per cent higher at 10,085.50. The 30-share index rose 61.11 points, or 0.18 per cent, to 32,386.52. Banking stocks, which have outperformed in the recent rally, fell sharply with the sectoral index Bank Nifty down over 1.2 per cent. The Indian rupee weakened against the United States dollar, tracking mixed Asian currencies market. (more...)
Southeast Asia issues strong rebuke, warning to North Korea
- August 08, 2017

North Korea has yet to respond to the overtures. The US and China had been negotiating the draft text for about a month. They smiled amiably and made small talk but ignored a reporter's question about how the fresh US sanctions against Russian Federation that President Donald Trump signed last week would affect their talks. (more...)
UK Digital Minister Announces Plan to Increase Public Control Over Personal Data UK Digital Minister Announces Plan to Increase Public Control Over Personal Data
- August 08, 2017

Under the plans individuals will have more control over their data by having the right to be forgotten and ask for their personal data to be erased. It is nearly impossible for average person to be able to know which organisations hold their personal data. They're like vampires: Once you let them into your life, there's no getting them out. (more...)
Tyson Foods, Inc. (NASDAQ:TSN) Expected To Report Earnings On Monday Tyson Foods, Inc. (NASDAQ:TSN) Expected To Report Earnings On Monday
- August 08, 2017

Finally, BidaskClub upgraded Tyson Foods from a "hold" rating to a "buy" rating in a research report on Friday, June 16th. Mizuho assumed coverage on Tyson Foods in a report on Wednesday, June 7th. On 2/13/2017 announced a quarterly dividend of $0.23 1.38% with an ex dividend date of 5/30/2017 which will be payable on 6/1/2017. Tyson Foods's payout ratio is 18.79%. (more...)
Gujarat MLAs return from Karnataka Gujarat MLAs return from Karnataka
- August 08, 2017

Party sources today said that MLAs will return directly to Gujarat and not to Delhi as has been reported in a section of the media. The Congress plans to shift them to a resort "Nijanand" located on the outskirts of Anand town, 77 km from Ahmedabad , and keep them united until the polls. (more...)
SoftBank: We're interested in investing in Uber or Lyft SoftBank: We're interested in investing in Uber or Lyft
- August 08, 2017

Sprint , in which SoftBank has about an 80 percent stake, last week reported a quarterly profit for the first time in three years as a result of cost-cutting efforts. "We have not decided which way. It's the most important market, so we are definitely very much interested". But the USA is a very big market. These are typical remarks by an executive used to making bold bets and pronouncements, which sometimes confound competitors and partners. (more...)
Army Corps of Engineers to release Asian Carp study Army Corps of Engineers to release Asian Carp study
- August 08, 2017

But the cost to inland shippers and the companies they serve would be in the hundreds of millions of dollars with some shippers going out of business. "The electric barriers are not sufficient to stop Asian carp on their own". Other environmental groups say the plan is a step forward but doesn't address the need to stop Great Lakes species from migrating to the Mississippi. (more...)
Dow Closes at Record High, Again; 10th Straight Day of Gains Dow Closes at Record High, Again; 10th Straight Day of Gains
- August 08, 2017

Economists had expected employment to climb by 183,000 jobs. The data generated optimism about the economic outlook, although it also raised concerns about the possibility of future interest rate hikes. 2 drug stocks making monster moves. The CBOE Volatility Index (VIX - 9.93) slipped 0.1 point, or 1% - the VIX's first close beneath 10 since July 26. (more...)