Business


PNG natural disaster: Southern Highlands residents on edge as aftershocks rattle region PNG natural disaster: Southern Highlands residents on edge as aftershocks rattle region
- March 02, 2018

The death toll from the strongest natural disaster to strike Papua New Guinea's rugged interior in nearly a century has climbed to 31 and would probably rise further, officials said on Thursday, as damage to roads, runways and phone lines slowed relief efforts. (more...)
Eurozone inflation is expected to continue its slowdown in February Eurozone inflation is expected to continue its slowdown in February
- March 02, 2018

Hoping to raise inflation back to target after years of misses, the European Central Bank has bought over 2 trillion euros (£1.76 trillion) worth of bonds in the past three years to induce investment and consumption. Any lasting return of target-level inflation will be fundamentally dependent on ample monetary support by the ECB, Draghi told MEPs earlier this week. (more...)
How Insiders and Institutions are Trading Energy Transfer Partners, LP (ETP) How Insiders and Institutions are Trading Energy Transfer Partners, LP (ETP)
- March 02, 2018

The company reported its last earnings Actual EPS of $0.17/share. The stock increased 0.77% or $0.12 during the last trading session, reaching $15.62. Energy Transfer Partners, L.P. shares decreased -0.16 percent over the past week and fell -9.27 percent over the previous month. The hedge fund held 400,000 shares of the broadcasting company at the end of 2017Q3, valued at $23.20 million, down from 2.15 million at the end of the previous reported quarter. (more...)
Twitter is asking the public to help measure how toxic it is Twitter is asking the public to help measure how toxic it is
- March 02, 2018

Twitter, along with Facebook, has been criticized for allowing Kremlin-funded trolls to leverage its platform. What we know is we must commit to a rigorous and independently vetted set of metrics to measure the health of public conversation on Twitter. (more...)
Investors Research Corp Acquires Shares of 21850 Kohl's Co. (KSS) Investors Research Corp Acquires Shares of 21850 Kohl's Co. (KSS)
- March 02, 2018

Janus Henderson Group PLC now owns 70,526 shares of the company's stock valued at $2,727,000 after purchasing an additional 46,453 shares during the period. Kohl's now has a consensus rating of "Hold" and a consensus target price of $56.91. Tiaa Cref Mngmt Ltd Co stated it has 0.02% of its portfolio in Kohl's Corporation (NYSE: KSS ). (more...)
Drunk man accidentally hails $1600 Uber from West Virginia to New Jersey Drunk man accidentally hails $1600 Uber from West Virginia to New Jersey
- March 02, 2018

I was getting drinks all night. It was also more expensive because Bachman ordered an UberXL , which is more pricier than the UberX and can hold up to six passengers. Bachman says the driver had his phone, even having answered a FaceTime call from a friend while he was asleep. "Afterwards I had it fully sink in", Bachman said to NJ Advance Media. (more...)
Stock futures fall as Powell nerves weigh again Stock futures fall as Powell nerves weigh again
- March 02, 2018

One report showed that inflation remains below the Fed's preferred target of 2 percent, but economists said that the advance for inflation in recent months has been enough to keep the Fed on track to continue raising interest rates. Those comments rekindled speculation in equity markets over USA monetary tightening this year happening faster than expected, feeding concerns that higher borrowing costs could crimp corporate activity and cool economic growth. (more...)
Rupee sheds 8 paise against United States dollar in early trade Rupee sheds 8 paise against United States dollar in early trade
- March 02, 2018

The core PCE price index, or personal consumption expenditures index, rose by 0.3% between December and January, according to Bureau of Economic Analysis data . The Commission will continue to maintain the balance between avoiding overheating and bringing inflation permanently to 2%, confirmed Powell in his first testimony to the Congress as a governor of Fed. (more...)
What to watch for at the 2018 Oscars
- March 02, 2018

The need for a rebranding has also become more pressing in light of last year's infamous mix-up that saw presenters Warren Beatty and Faye Dunaway announce the wrong Best Picture victor, mistakenly saying La La Land had earned the gong instead of Moonlight after being handed the wrong envelope. (more...)
What Do Analysts Say About Veeva Systems Inc. (VEEV)
- March 02, 2018

Diageo plc (NYSE:DEO) has risen 12.82% since February 28, 2017 and is uptrending. KeyBanc Capital Markets maintained the shares of VEEV in report on Sunday, November 12 with "Buy" rating. (NYSE: VEEV ) has floated short ration of 3.20%, hold to candle to sentiment indicator; Short Ratio was 3.24. The stock of Veeva Systems Inc . (NYSE: VEEV ) or 3,000 shares. (more...)
Buys New Holdings in GameStop Corp. (GME)
- March 02, 2018

It has underperformed by 10.78% the S&P500. Melvin Capital Management Lp decreased its stake in Gamestop Corp New (Put) ( GME ) by 76.18% based on its latest 2017Q3 regulatory filing with the SEC. Quantbot Limited Partnership invested 0.05% of its portfolio in GameStop Corp . The rating was maintained by Piper Jaffray on Friday, August 28 with "Overweight". (more...)
FedEx issues second statement on NRA discount controversy FedEx issues second statement on NRA discount controversy
- March 02, 2018

Naturally, the war carried over onto Twitter , where she posted that the hunt for FedEx's replacement is now underway. After this month's Florida high school shooting massacre, the shipping giant and other large corporations are under fire to stop offering discounts for NRA members. (more...)
Passenger burned in cellphone fire on Air Canada flight in Toronto Passenger burned in cellphone fire on Air Canada flight in Toronto
- March 02, 2018

At about 7 a.m., Air Canada flight 101 was sitting at the gate when a passenger's phone "began to burn", Air Canada spokesperson Isabelle Arthur told Radio Canada International in an email. However, it's not clear what caused the phone to catch fire. The flight's status on Air Canada's website initially said the plane got off a few minutes early. (more...)
Two AAP MLAs summoned for questioning in Chief Secy assault case Two AAP MLAs summoned for questioning in Chief Secy assault case
- March 02, 2018

He, however, reached the police station at around 6 pm. Aam Aadmi Party (AAP) leaders on Thursday accused the Delhi Police of acting in a partisan manner and taking no action in the case of an alleged attack on Delhi Minister Imran Hussain and Delhi Dialogue Commission (DDA) vice- chairman at the Delhi Secretariat. (more...)
Trump working on $3.9B Air Force One plane deal with Boeing Trump working on $3.9B Air Force One plane deal with Boeing
- March 02, 2018

On Tuesday, the Trump administration announced that it has reached an informal agreement to buy and convert two jumbo jets to replace the aging planes that now serve as Air Force One, in a deal that shaves a whopping $1.4 billion from the original estimate. (more...)
Bitcoin edges lower as U.S. financial regulator launches cryptocurrency market probe Bitcoin edges lower as U.S. financial regulator launches cryptocurrency market probe
- March 02, 2018

A number of concerns have been raised regarding the cryptocurrency and ICO markets, including that, as they are now operating, there is substantially less investor protection than in our traditional securities markets, with correspondingly greater opportunities for fraud and manipulation. (more...)
Pauses in Syria suburb unilateral, 'not enough — United Nations official Pauses in Syria suburb unilateral, 'not enough — United Nations official
- March 02, 2018

Nine days after regime forces intensified their campaign against the rebel-held enclave, the deal offered some respite to civilians. Despite the step, the United Nations insisted that all sides must implement the 30-day truce demanded on Saturday, and said some 40 trucks loaded with aid were waiting for the violence to stop. (more...)
Hackers breached German government's secure computer networks Hackers breached German government's secure computer networks
- March 02, 2018

In light of the sensitivity of such information, this is an unacceptable condition. A spokesperson for the German interior ministry yesterday said: "We can confirm that the Federal Office for Information Security and intelligence services are investigating a cybersecurity incident concerning the federal government's information technology and networks". (more...)
USA companies snub NRA after Florida high school shooting USA companies snub NRA after Florida high school shooting
- March 02, 2018

A number of rental auto firms including Enterprise and Hertz announced they're ending special offer deals they have with the NRA. Shortly afterward, other companies announced they would end their NRA membership discount programs. "FedEx has never provided any donation or sponsorship to the NRA which is one of hundreds of alliance and association participants that serve more than one million customers", the company added. (more...)
Manufacturing Sector Expanded in February Manufacturing Sector Expanded in February
- March 02, 2018

The New Orders Index registered 64.2%, a decrease of 1.2 percentage points from the January reading of 65.4%. On the Non-Manufacturing PMI, the report stated: "The composite PMI for the non-manufacturing sector stood at 56.1 points in February 2018, indicating expansion in the Non-manufacturing PMI for the tenth consecutive month". (more...)
Uber Launches Platform to Drive People to Medical Appointments Uber Launches Platform to Drive People to Medical Appointments
- March 02, 2018

Passengers don't need a smartphone or the Uber app in order to use the service because Uber Health sends riders notifications about their auto via text message. In addition, several rides can be scheduled and managed from within the service's dashboard. It's not a replacement for ambulances, but instead a way for patients to get to and from their scheduled appointments . (more...)
Buys 3878 Shares of British American Tobacco PLC (BTI)
- March 02, 2018

The stock decreased 0.23% or $0.14 during the last trading session, reaching $58.92. It has outperformed by 1.08% the S&P500. Wilen Investment Management Corp decreased its stake in Standex Intl Cp (SXI) by 8.63% based on its latest 2017Q3 regulatory filing with the SEC. (more...)
Schroder Real Estate Investment Trst Ltd (SREI) Declares Dividend of GBX 0.62
- March 02, 2018

The stock decreased 0.91% or $0.02 during the last trading session, reaching $2.18. About 45,041 shares traded. (NASDAQ:ALSK) has risen 21.11% since March 1, 2017 and is uptrending. Among 8 analysts covering Pennslyvania Real Estate Investment Trust (NYSE:PEI), 0 have Buy rating, 2 Sell and 6 Hold. Therefore 0 are positive. Analysts await Pennsylvania Real Estate Investment Trust (NYSE:PEI) to report earnings on April, 24. (more...)
India's economy grows 7.2 percent year-on-year in December quarter: government India's economy grows 7.2 percent year-on-year in December quarter: government
- March 02, 2018

The economic growth will be also aided by the higher growth in the industrial and services sectors . The International Monetary Fund forecasts the country's economic growth could reach 7.4 per cent in 2018 and 7.8 per cent in 2019, overtaking rates projected for China of 6.5 per cent and 6.4 per cent, respectively. (more...)
The Just Group's (JUST) "Overweight" Rating Reiterated at Barclays
- March 02, 2018

Arrow Global Group now has a consensus rating of "Buy" and a consensus price target of GBX 464.17 ($6.41). Peel Hunt now has a GBX 355.00 TP on the 1.91B GBP market cap company or 22.67% upside potential. RDI Reit (LON:RDI)'s stock had its "buy" rating restated by investment analysts at Peel Hunt in a report issued on Monday. Therefore 33% are positive. (more...)
Karti Chidambaram arrested for corruption, congress cries foul ? Karti Chidambaram arrested for corruption, congress cries foul ?
- March 02, 2018

Karti was arrested on Wednesday at Chennai Airport on his return from the United Kingdom, in connection with the FIR lodged on 15 May past year alleging irregularities in Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds worth about Rs305 crore in 2007 when his father was the union finance minister. (more...)
Best Buy to shutter all of its mobile-phone stores Best Buy to shutter all of its mobile-phone stores
- March 02, 2018

The stores reportedly contributed only a little over 1 percent to the company's overall revenue. "Fast forward to 2018 and the mobile phone business has matured, margins have compressed and the cost of operations in our mobile standalone stores is higher than in our big box stores", he wrote. (more...)
Run banks start to rationalise overseas units Run banks start to rationalise overseas units
- March 02, 2018

In the wake of the alleged Rs 12,700-crore Nirav Modi scam, the Centre has also made a decision to examine some 69 global operations that too may be rationalised. Vijaya Bank (up 2.36%), Andhra Bank (up 1.78%), Indian Bank (up 0.61%) and Union Bank of India (up 0.49%) edged higher. Besides, he said the government is also planning to consolidate equity stake in joint ventures having multiple PSB partners. (more...)
Immigration official slams Oakland, Calif., over Twitter warning about raids Immigration official slams Oakland, Calif., over Twitter warning about raids
- March 02, 2018

The American Civil Liberties Union of Northern California portrayed a different picture and alleged that ICE agents have been "aggressively intimidating families in their homes and using tactics of racial profiling to detain people in public spaces". (more...)
Many Europe Airports Still Closed as Storm Rages Many Europe Airports Still Closed as Storm Rages
- March 02, 2018

In the United Kingdom, all flights at East Midlands and Leeds Bradford have cancelled for the remainder of the day, as well as those at the closed Edinburgh and Glasgow Airports. Aer Lingus confirmed that all arrivals and departures from Dublin, Shannon, Cork and Belfast airports are cancelled today. And East Midlands Airport has also had to shut until at least this afternoon. (more...)

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