Business


Schwartz to retire from Goldman, boosts Solomon as next CEO Schwartz to retire from Goldman, boosts Solomon as next CEO
- March 12, 2018

Goldman Sachs CEO Lloyd Blankfein grew up in public housing in the East New York section of Brooklyn. The chief executive of Goldman Sachs has said reading a report forecasting his imminent retirement plans was like hearing his own eulogy - indicating the bank's boss is staying put for the near future. (more...)
IIP growth boosted to 7.5% on courtesy in manufacturing, capital, consumer goods IIP growth boosted to 7.5% on courtesy in manufacturing, capital, consumer goods
- March 12, 2018

In what may be seen as improving economic conditions, retail inflation in February eased to 4.4 per cent while industrial production jumped up 7.5 per cent in January. However, the mining sector saw a flat growth of 0.1% compared to 8.6% a year ago. As many as 16 of the 23 industry groups registered positive growth during the month when compared to the corresponding period in 2017. (more...)
DowDuPont Executive Chairman to step down April 1 DowDuPont Executive Chairman to step down April 1
- March 12, 2018

He is now chief operating officer of that unit. DowDuPont today announced that Andrew N. Liveris will step down as executive chairman effective April 1. Delays getting regulatory approvals for the deal prompted board discussions on Liveris delaying his retirement past year. Sanford C. Bernstein analyst Jonas Oxgaard said at the time that retaining Liveris may interfere with the leadership of DowDuPont CEO Ed Breen. (more...)
JK minister Haseeb Drabu sacked over controversial remark on Kashmir JK minister Haseeb Drabu sacked over controversial remark on Kashmir
- March 12, 2018

The ruling Peoples' Democratic Party (PDP) is up in arms against its senior leader and State's Finance Minister Haseeb Drabu for stating that "Kashmir is neither a conflict zone nor a political issue" and warned him to retract the "controversial" statement or face action. (more...)
Teen Waitress Gets College Scholarship After Act Of Kindness Goes Viral Teen Waitress Gets College Scholarship After Act Of Kindness Goes Viral
- March 12, 2018

A teen waitress at a Waffle House in Texas has been rewarded for a seemingly small gesture at the restaurant outside in Houston with a college scholarship after she was photographed cutting up food for a 78-year-old diner, who was unable to do it himself, reports said Sunday. (more...)
Virtu Financial LLC Acquires New Position in GlaxoSmithKline plc (NYSE:GSK)
- March 12, 2018

Homrich & Berg, which manages about $3.37B and $1.27B US Long portfolio, upped its stake in Boeing Co (NYSE:BA) by 3,051 shares to 10,919 shares, valued at $2.78M in 2017Q3, according to the filing. Palouse Cap owns 127,901 shares. The Wisconsin-based State Of Wisconsin Investment Board has invested 0.05% in The Kroger Co. Finally, Advisory Services Network LLC increased its stake in GlaxoSmithKline by 24.2% during the 2nd quarter. (more...)
Apple Changes MFi Logo - Manufacturers Have 90 Days to Respond Apple Changes MFi Logo - Manufacturers Have 90 Days to Respond
- March 12, 2018

So by now, MFi based Apple's products will have the new logo on the packaging as well on the products. The new logos, introduced at the beginning of February, are mandatory for manufacturers and Apple has given them 90 days to adopt the changes. (more...)
Seoul envoy thanks China for role in N. Korea nuclear talks Seoul envoy thanks China for role in N. Korea nuclear talks
- March 12, 2018

China is "on the same page" with Seoul over the issues of the Korean peninsula, President Xi Jinping said on Monday, a spokesman of South Korea's presidential Blue House said. China's trade crackdown shows how it remains indispensable both in persuading Pyongyang to agree to talks and in fostering and safeguarding a longer term solution, Renmin University foreign affairs expert Cheng Xiaohe wrote in the ruling Communist Party newspaper Global Times on Monday. (more...)
Europe retaliates against USA heartland following Trump trade threats Europe retaliates against USA heartland following Trump trade threats
- March 12, 2018

Representative Kevin Brady, another top House Republican, called on Trump not to hit America's closest allies. Navarro has written extensively of China's military and economic threat to the United States in a series of books, including "Death by China: Confronting the Dragon - A Global Call to Action". (more...)
German giants Eon and RWE strike major deal, move closer together German giants Eon and RWE strike major deal, move closer together
- March 12, 2018

The complex deal would see RWE sell its remaining stake in innogy to E.On but keep hold of all of innogy's renewables interests. German stocks rose on Monday as strong U.S.jobs report stoked optimism about global growth and utilities E.ON and RWE announced they are planning a major asset swap involving RWE subsidiary Innogy. (more...)
Sensex soars 600 points on global cues, macroeconomic data Sensex soars 600 points on global cues, macroeconomic data
- March 12, 2018

The broader NSE Nifty 50 was trading 131.40 points, or 1.28% higher at to 10,358.25. Private bank stocks ICICI Bank (up 1.37 per cent), IDFC Bank (up 1.20 per cent) and IndusInd Bank (up 1.03 per cent) were gaining over 1 per cent in morning trade on Monday, keeping the sectoral index in the green. (more...)
James Mattis warns Syria on usage of chemical weapons James Mattis warns Syria on usage of chemical weapons
- March 12, 2018

Mattis stopped short of threatening to retaliate against the regime if a chlorine attack were confirmed. Trump last April ordered a missile strike against a regime airbase at Shayrat, after Washington said it used the facility to launch a sarin nerve gas attack on the rebel-held town of Khan Sheikhun, killing scores of civilians. (more...)
Look, no lithium! First rechargeable proton battery created Look, no lithium! First rechargeable proton battery created
- March 12, 2018

Not only is our new battery environmentally friendly, but it is also technically capable with further development of storing more energy for a given mass and size than now available lithium-ion batteries - the technology used in South Australia's giant new battery . (more...)
Shami's Kin Reach Out To His Wife for Out of Court Settlement Shami's Kin Reach Out To His Wife for Out of Court Settlement
- March 12, 2018

The state police has written to the national cricket board to inquire about Virat Kohli and team's itinerary on their tour of the rainbow nation in January 2018. "I am ready to talk, whenever she wants", Shami told the media. Jahan has filed an FIR in Kolkata Police Station against her husband who was charged in IPC section 498A for cruelty to a woman among other non-bailable and bailable sections. (more...)
GKN turns down third 'opportunistic' takeover bid from Melrose GKN turns down third 'opportunistic' takeover bid from Melrose
- March 12, 2018

Melrose - a FTSE 250-listed industrial turnaround firm - increased its bid to 1.69 Melrose shares for every GKN share held, plus an unchanged 81 pence in cash, together equivalent to 467 pence per share based on Melrose's share price at close on Friday. (more...)
Trending Analyst Recommended Stocks: Analog Devices, Inc. (ADI), TETRA Technologies, Inc. (TTI)
- March 12, 2018

Perkins Capital Management Inc sold 8,175 shares as the company's stock rose 25.80% with the market. Capital Advisors Inc acquired 11,999 shares as Merck & Co Inc (MRK)'s stock declined 2.46%. Amer Research & Mngmt has 3.62% invested in Analog Devices, Inc . Eleven research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. (more...)
Intel, Facing Threat, Considers Deals That Could Include Bid for Broadcom Intel, Facing Threat, Considers Deals That Could Include Bid for Broadcom
- March 12, 2018

According to the report, Intel is regarding Broadcom's acquisition of Qualcomm as a significant threat and considering acquiring Broadcom along with a small semiconductor company. Broadcom is pressing ahead, vowing to cooperate with the U.S. review and pledging to boost investment in United States wireless technology to offset concerns that it would slash spending and allow foreign companies to steal the lead in the next generation of mobile technology. (more...)
Trump considering ex-Microsoft executive for economic adviser role Trump considering ex-Microsoft executive for economic adviser role
- March 12, 2018

At the White House , officials were working to include language in the tariffs that would give Trump the flexibility to approve exemptions for certain countries. Canada, the biggest supplier of steel and aluminum to the US, and No. 4 steel-provider Mexico have asked to be exempted, and both have indicated they'll retaliate if Trump includes them in the duties. (more...)
White House to help arm school employees White House to help arm school employees
- March 12, 2018

The idea, backed at times by Trump but opposed by the National Rifle Association, was endorsed as recently as Sunday morning by White House deputy press secretary Raj Shah. White House deputy press secretary Raj Shah speaks during the daily press briefing at the White House on February 22, 2018. The administration's plans include working with states to provide "rigorous" gun training for "specially qualified" teachers and staff, officials said. (more...)
Trump considers ex-Microsoft exec as top economic adviser Trump considers ex-Microsoft exec as top economic adviser
- March 12, 2018

McMaster and others. President Donald Trump described outgoing economic adviser Gary Cohn as a " globalist ". The high turnover of key staff in the White House, including the exit of Gary Cohn , the director of the National Economic Council this week is undermining confidence in policy making also. (more...)
Donald Trump says he will not back down on tariffs plan Donald Trump says he will not back down on tariffs plan
- March 12, 2018

Sanctions will have a devastating effect on jobs in key industries and communities, and it will also directly impact the cost of items from cars to canned food. The two leaders also discussed the latest round of NAFTA negotiations that in closed in Mexico City on Monday, and welcomed the progress that is being made in negotiations, according to the readout . (more...)
Christopher Liddell is frontrunner to replace Cohn as top economic advisor Christopher Liddell is frontrunner to replace Cohn as top economic advisor
- March 12, 2018

The president has always wanted a prominent business figure to oversee the council, according to people who have spoken with him. Brian Jacobsen, multi-asset strategist at Wells Fargo Asset Management, said that the risks of retaliatory tariffs is prompting him to add to emerging markets and global stocks but at a slow pace, despite the fact that they look more attractive on a fundamental basis. (more...)
Royal Bank of Canada Reiterates Outperform Rating for Costco Wholesale (COST)
- March 12, 2018

The stock increased 1.50% or $1.365 during the last trading session, reaching $92.555. BlackRock Inc. now owns 24,905,256 shares of the retailer's stock worth $3,983,097,000 after buying an additional 703,825 shares during the period. The company was maintained on Friday, January 5 by Tigress Financial. Costco Wholesale Co. The company has a current ratio of 1.00, a quick ratio of 0.43 and a debt-to-equity ratio of 0.54. (more...)
After Trump's Announcement Of Steel, Aluminum Tariffs, The Sell-Side Reacts After Trump's Announcement Of Steel, Aluminum Tariffs, The Sell-Side Reacts
- March 12, 2018

Donald Trump has allowed a 15-day negotiation period for countries to argue for an exemption. Canada and Mexico are exempt from the tariffs for the time being, and other U.S. ANALYST TAKE: "While the USA president may have signed tariffs into law, his apparent success regarding North Korea has also helped to keep risk sentiment on the front foot", said Chris Beauchamp, Chief Market Analyst at IG. (more...)
(JPM) Raised to Hold at Vetr
- March 12, 2018

The stock increased 0.46% or $0.66 during the last trading session, reaching $145.05. About 15.37M shares traded. BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) has risen 75.08% since March 11, 2017 and is uptrending. 30 funds opened positions while 62 raised stakes. The company's revenue was up 3.3% compared to the same quarter last year. analysts expect that JPMorgan Chase & Co. (more...)
(BBBY) Stake Decreased by LS Investment Advisors LLC
- March 11, 2018

Another trade for 1,712 shares valued at $205,440 was sold by Biggar Lynne. Selective Insurance Group, Inc. Visa Inc. (NYSE:V) has risen 20.29% since March 10, 2017 and is uptrending. (NASDAQ:BBBY) has "Market Perform" rating given on Thursday, June 23 by Telsey Advisory Group. Barclays Capital maintained Diploma PLC (LON:DPLM) rating on Friday, November 24. (more...)
Arun Sarin Sells 14189 Shares of Cisco Systems, Inc. (NASDAQ:CSCO) Stock
- March 11, 2018

About 22.23M shares traded. Cisco Systems (NASDAQ: CSCO ) was upgraded by stock analysts at Vetr from a "hold" rating to a "buy" rating in a note issued to investors on Thursday, March 1st. The company was maintained on Thursday, August 18 by Citigroup. The firm earned "Buy" rating on Thursday, August 18 by Deutsche Bank. Morgan Stanley increased their target price on shares of Cisco Systems from $46.00 to $50.00 and gave the stock an "overweight" rating in a report on Monday, February 26th. (more...)
Oppenheimer Analysts Lift Earnings Estimates for Mallinckrodt PLC (MNK)
- March 11, 2018

The company has market cap of $1.40 billion. The stock increased 1.90% or $3.01 during the last trading session, reaching $161.51. About 1.42 million shares traded. (NYSE:MDR) rating on Wednesday, July 27. The firm has "Buy" rating given on Tuesday, February 27 by Jefferies. On Tuesday, December 5 the stock rating was upgraded by Jefferies to "Buy". (more...)
Southwestern Energy (SWN) Position Increased by The Manufacturers Life Insurance Company
- March 11, 2018

Last trading transaction put the stock price at $4.16. About 21.32 million shares traded. It has underperformed by 57.70% the S&P500. Spectrum Management Group Inc increased Bgc Partners Inc (BGCP) stake by 934.47% reported in 2017Q3 SEC filing. (more...)
General Electric (GE) Given a $23.00 Price Target at Citigroup
- March 11, 2018

The company has a market capitalization of $125,984.18, a price-to-earnings ratio of 13.82, a PEG ratio of 2.75 and a beta of 1.00. The hedge fund run by Thomas Steyer held 3.18M shares of the major pharmaceuticals company at the end of 2017Q3, valued at $107.74 million, up from 575,000 at the end of the previous reported quarter. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 next »