Markets

by | March 27, 2018 | 15:18

Oil traded above $65 a barrel as easing fears of a global trade war offset concerns over rising USA crude stockpiles, boosting prices to near the highest level this year. The benchmark prices of 15 contracts were set at 416 yuan (65.8 US dollars), 388 yuan and 375 yuan per barrel, varied by delivery dates. Over 21 million barrels of the sulphur-rich oil were traded yesterday, reports the Wall Street Journal , meaning RMB18.3 billion ($2.9 billion) changed hands.

by | March 27, 2018 | 10:46

The acquired business and its subsidiaries will be accounted for as subsidiaries in the Company's financial statements. Belkin International offers a wide range of products including USB cables and adapters, power banks, wireless charging pads, screen protectors and more.

by | March 27, 2018 | 06:44

Announcing the program on Twitter , Elon Musk said the company's boring spoil would be converted into interlocking bricks that can be used to create sculptures and buildings. The company launched a self-branded flamethrower earlier this year. Then it was flamethrowers (and accompanying fire extinguishers). Elon Musk has been awfully excited about the Boring Company.

by | March 26, 2018 | 22:56

The institutional investor held 17,802 shares of the health care company at the end of 2017Q3, valued at $1.46M, up from 8,901 at the end of the previous reported quarter. Thrivent Financial For Lutherans grew its holdings in Lowe's Companies by 15.3% during the 4th quarter. Among 19 analysts covering QTS Realty Trust ( NYSE:QTS ), 12 have Buy rating, 2 Sell and 5 Hold.

by | March 26, 2018 | 22:38

Following the damage caused by Storm Emma, Transport Secretary Chris Grayling announced the cash would help fix nearly two million potholes and protect roads from further bad weather. However, it is estimated that more than £10bn and 12 years' work would be needed to bring the United Kingdom road networks up to the same level as Holland.

by | March 26, 2018 | 22:41

Its bid has been opposed by politicians and unions, along with GKN, who fear it may later seek to restructure and sell parts of the business in a move that would hurt jobs and Britain's industrial base. Dana has increased the cash element of consideration by $140 million (£100 million), representing an 8.6 percent increase in the cash consideration and delivering further value to GKN shareholders.

by | March 26, 2018 | 22:35

JD Sports will acquire 100 percent of the issued and outstanding Finish Line shares at a price of $13.50 per share in cash. For JD Sports , whose shares jump 3.3% to 367.5p on the news, the $13.50 per share takeover not only brings "the benefit of a significant physical and online retail presence", it also increases the retailer's strategic importance to its major global brand partners.

by | March 26, 2018 | 22:20

The argument escalated when one person reportedly fired their gun at a person seated inside a vehicle. When the suspect, who was driving a stolen F-250, wouldn't stop for police, a chase started. Sanchez-Lemus also was arrested on suspicion of possessing a loaded gun. Meanwhile, the suspect will appear before court soon to answer charges of defilement when investigations are concluded.

by | March 26, 2018 | 18:58

According to recent numbers, Spotify boasts 157 million monthly active users, of which 71 million are paying Premium users. In the filing , Spotify said it expects 92 million to 96 million paid subscribers by the end of 2018. A company going public with its shares usually holds an initial public offering , but Spotify is taking a different tack. Essentially, it will just let anyone who holds its stock to start trading shares publicly on the New York Stock Exchange next week, without ...

by | March 26, 2018 | 17:54

No one was injured and the park was able to remain open. The park posted video of the fire roaring against the backdrop of mountains and a bright blue sky. Reynolds and his wife, Carman, said they are incredibly proud of their team for the way they efficiently and quickly handled this situation and kept their guests safe.

by | March 26, 2018 | 17:05

But analysts said the long-delayed Shanghai-traded futures are unlikely to challenge the primacy of NY and London-based futures any time soon due to Chinese capital controls and the entrenched position of the dollar-denominated contracts. Two of the world's biggest oil traders gave China's crude futures contract a go on its long-anticipated trading debut. The Shanghai International Energy Exchange held a ceremony to mark the launch.

by | March 26, 2018 | 16:40

Remington filed in the bankruptcy court of the district of DE, records show. "Directors have determined that it is advisable and in the best interests of the Company that the Company file, or cause to be filed, a Voluntary Petition commencing the Chapter 11 Case", according to the bankruptcy filing.

by | March 26, 2018 | 15:47

Market breadth, however, remained negative. Over the last week, the BSE Sensex recorded a fall of 579.46 points, or 1.75 per cent. Positive cues from the European markets, along with healthy buying in banking, consumer durables, auto and metal stocks , pushed the key Indian equity indices to provisionally close on a higher note on Monday.

by | March 26, 2018 | 13:59

Facebook also added that people can opt-out of this data logging in the Facebook app (Facebook Lite). "This helps you find and stay connected with the people you care about, and provide you with a better experience on Facebook", the company notes in the post.

by | March 26, 2018 | 13:33

It has outperformed by 10.05% the S&P500. Rench Wealth Management Inc.'s holdings in Bank of America were worth $4,782,000 as of its most recent SEC filing. Woodstock Corporation accumulated 0.61% or 126,960 shares. Wealthtrust holds 489 shares. Becker Management holds 16,158 shares. Mayo Advisers Lc invested 0.2% in Bank of America Corporation (NYSE: BAC ).

by | March 26, 2018 | 06:57

Uber Technologies Inc has agreed to sell its South-east Asian operations to Grab, withdrawing from yet another fast-growing region to end a war of attrition with a fierce local rival. Grab's group chief executive and co-founder Mr Anthony Tan said: "Today's acquisition marks the beginning of a new era". Together with Uber, we are now in an even better position to fulfil our promise to outserve our customers.

by | March 26, 2018 | 01:16

The Dow Jones Industrial Average lost 724.42 points, or 2.93%, slipping to 23,957.89. The S&P 500 index dropped 68 points, or 2.5 percent, to 2,643, erasing its gain for the year. Such reactions do not yet amount to an all-out trade war, but they do provide an early warning about how a delicate situation might easily unravel, especially with an impulsive and inexperienced US President now increasingly following his own instincts over key issues such as trade and national security.

by | March 25, 2018 | 20:02

Officials locked the doors to the arena, so no one could get in or out. Sacramento police told ABC News that the two officers involved in the shooting death of 22-year-old Stephon Clark are now receiving death threats. I don't know when the family knew. "We need answers. The family needs answers", Black Lives Sacramento organizer Tanya Faison said at a City Council meeting Tuesday night .

by | March 25, 2018 | 19:14

Also, Director Craig Weatherup sold 59,838 shares of the business's stock in a transaction that occurred on Tuesday, March 13th. A couple of Richmond Starbucks stores also told the News that the newest drink will be launched on Thursday at all locations and it is on limited time offer.

by | March 25, 2018 | 15:34

Qantas says it's reduced the number of seats onboard the aircraft to 236 (from 300) in order to give passengers more space and comfort during the extra-long haul flight. Qantas has challenged Boeing and Airbus to build a jet by 2022 that can fly fully loaded from Sydney to London without a break. "It's really just the beginning", said Merkert at the University of Sydney.

by | March 25, 2018 | 08:45

The stock price jumped 0.18% in three months and increased 12.23% for the last six months trading period. Health care stocks fell into another deep hole recently, including a over 2.2% decline for the NYSE Health Care Index in recent trade.

by | March 24, 2018 | 22:59

Zuckerberg said that they would be taking several steps to ensure that something like this does not happen again. Mozilla made the changes today, after Facebook CEO Mark Zuckerberg finally broke his silence on the scandal engulfing his company.

by | March 24, 2018 | 22:40

No law had prohibited the lawmaker, Nadiya V. Savchenko, from entering with the weapons, it turned out, but the episode unnerved her colleagues, spurred a prosecutorial inquiry over her intentions, and led to the adoption this week of the weapons prohibition.

by | March 24, 2018 | 21:10

Traders had already been bracing for the possibility of slowing economic growth as the Federal Reserve reiterated its commitment to further interest-rate increases after Wednesday's hike. The Hong Kong Monetary Authority also lifted its base rate by a quarter percentage point to 2%. Stock indexes from NY to Tokyo fell as the White House prepared to impose stiff tariffs on Chinese imports .

by | March 24, 2018 | 21:00

About 1.05M shares traded. DelMar Pharmaceuticals, Inc. (NASDAQ:DMPI) has declined 57.32% since March 24, 2017 and is downtrending. It has underperformed by 17.22% the S&P500. The stock of American Tower Corporation (NYSE:REIT) has "Buy" rating given on Thursday, July 27 by Oppenheimer. Analyst's ratings determines the future of any company.

by | March 24, 2018 | 20:55

Before the dinner and speech, Sydney residents tried to catch a glimpse of the former U.S. president, who waved to a crowd as he toured the Sydney Opera House. Turnbull shared he looks forward to catching up with the former POTUS and that he would be a welcomed visitor to the country. Obama offered some parenting tips to Ardern, who is expecting her first child in June.

by | March 24, 2018 | 20:07

The Price to Sales (P/S) ratio of the stock is 3.05, while P/B (Price to Book) stands at 8.91. The company has market cap of $475.16 million. The stock has a beta value of 0.65. JP Morgan maintained NIKE, Inc . The firm has "Hold" rating by Brean Capital given on Wednesday, September 28. Citigroup has "Buy" rating and $64 target.

by | March 24, 2018 | 20:02

On Wednesday, July 26 the stock rating was downgraded by Union Gaming to "Hold". The Manufacturers Life Insurance Company boosted its stake in shares of Wynn Resorts by 9.3% in the 4th quarter. Stifel has invested 0.02% in Wynn Resorts, Limited (NASDAQ:WYNN). However, it noted that Genting - and particularly its Genting Singapore Plc, which operates that city's Resorts World Sentosa casino - is an exception.

by | March 24, 2018 | 19:22

Tarrant Parkway on March 15 and spoke to a teller, according to Officer Daniel Segura, a police spokesman. Court proceedings revealed that on October 13, 2016, Thornton entered the Regions Bank at 107 E. No one was injured during the robbery and the suspect fled on foot with an undisclosed amount of money. Police contacted Reveras-Morales by telephone and directed him out of the residence at approximately 7:56 p.m.

by | March 24, 2018 | 17:33

The 14th finance commission has awarded the state revenue deficit grants of Rs 2,2113 crore in five years and the total award of funds to the state under tax devolution and grants under various heads during the five years between 2015 and 2020 is Rs 2,44,271 crore, he said.

by | March 24, 2018 | 17:31

It exists in many different models and varieties all over the world, but the US hasn't always been offered the hatchback version. A premium system adds an 800-wat 8-speaker JBL sound system with navigation and more. Additional seals in the body panel gaps provide additional noise insulation and enhance air sealing performance, while aero fins in the tail lights reduce wind noise.

by | March 24, 2018 | 17:22

Bitcoin fell after one of the world's largest cryptocurrency exchanges was said to face a government warning in Japan, heightening concern that increased regulatory scrutiny will curb demand for digital assets. The Yomiuri ShimbunThe Financial Services Agency on Friday warned virtual currency exchange operator Binance to suspend its Japanese operations. Binance's CEO, Zhao Changpeng, confirmed the company is in receipt of the warning letter and is in dialogue with the agency.

by | March 24, 2018 | 17:16

In a recently amended SEC IPO filing , Spotify disclosed they detected "instances of approximately two million users" using hacked apps to dodge ads on their platform as of December 31, 2017. Total number of content-hours streamed for the year will take a hit too, dropping from 40.3 billion hours of streaming to 39.8 billion - a 1.2% drop.

by | March 24, 2018 | 16:40

Firm LT growth rate is estimated as 1%. With its stock up almost 50% year to date, memory-chip maker Micron Technology (MU) will need a positive fiscal second-quarter earnings report to keep the momentum going. On Thursday, Shares of Micron Technology Inc ( NASDAQ: MU ) -3.52% and ended its trading session at $58.92. Its shares fell initially in late trading by 8%, but quickly recouped a large part of that loss.

by | March 24, 2018 | 16:36

It has outperformed by 45.78% the S&P500. Martin D. Sass decreased its stake in State Str Corp (STT) by 52.25% based on its latest 2017Q3 regulatory filing with the SEC. They expect $2.71 EPS, up 29.05% or $0.61 from last year's $2.1 per share. AAPL's profit will be $13.75 billion for 15.50 P/E if the $2.71 EPS becomes a reality.