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Economy

Other hedge funds have also modified their holdings of the company. Catalyst Capital Advisors Llc increased Ishares (EWQ) stake by 29,992 shares to 187,866 valued at $5.40M in 2017Q2. Texas Instruments Incorporated has a one year low of $66.80 and a one year high of $96.74. According to these analysts, the Low Revenue Estimate for Texas Instruments Inc.is 3.9 Billion and the High Revenue Estimate is 4.03 Billion.
  • Self-driving startup nuTonomy bought by Delphi for $400 million

    Self-driving startup nuTonomy bought by Delphi for $400 million

    Economy

    By combining efforts with NuTonomy in Boston, Singapore, and other pilot cities around the world, Delphi will have 60 autonomous cars on the road across three continents by years end. The challenge for a standalone NuTonomy has been money - as a small startup it lacked the cash horde to do the costly things required to scale up to compete against Google-parent Alphabet Inc.'s self-driving tech unit Waymo or General Motors Co.'s Cruise Automation, the autonomous vehicle startup the Detroit ...
  • The thrill is gone ... Sears-Whirlpool split after 100 years

    The thrill is gone ... Sears-Whirlpool split after 100 years

    Economy

    The struggling retailer says Whirlpool was making demands that would make it virtually impossible to sell products at a competitive price. Sears said it would continue to sell the Kenmore brand, which is made by Whirlpool. The breakup is also bad news for Whirlpool, which on Monday reported disappointing earnings and trimmed its outlook for profit this year. (WHR) and will stop selling the home appliance manufacturer's products, according to media reports.
  • Fire Breaks Out At Aishwarya Rai's Apartment In Bandra! Read Details

    Economy

    No casualties has been reported so far in the incident. What caused the fire in the 16 storeyed building is still unknown. Noted film-maker Prahlad Kakkar stays on the 2nd floor of the high rise as well. According to Times Now, eight fire-tenders are at the spot to douse the blaze. Aish and her husband Abhishek Bachchan visited the spot soon after knowing the news.
  • Hudson's Bay Company selling flagship Lord & Taylor store

    Hudson's Bay Company selling flagship Lord & Taylor store

    Economy

    HBC has also come under pressure from activist investor Jonathan Litt of Land & Buildings Investment Management, who is urging the company to monetize some of its real estate holdings. It's worth noting, too, that the announcement shortly follows the abrupt departure of the retailer's CEO , Jerry Storch. Hudson's Bay said the deal would help it reduce debt by C$1.6 billion (S$1.72 billion) and ramp up its liquidity to about C$1.1 billion.
  • Petroneft Resources PLC (PTR) Earns

    Petroneft Resources PLC (PTR) Earns "Speculative Buy" Rating from Canaccord Genuity

    Economy

    COPYRIGHT VIOLATION WARNING: "Barclays PLC (BARC) Price Target Cut to GBX 240 by Analysts at HSBC Holdings plc" was originally reported by TrueBlueTribune and is the property of of TrueBlueTribune. It has a 14.17 P/E ratio. The Motor underwriting segment includes the revenues and expenses attributable to its motor insurance underwriting activities inclusive of additional insurance products underwritten by it.
  • Caterpillar, Inc. (NASDAQ:CAT) To Release Earnings

    Caterpillar, Inc. (NASDAQ:CAT) To Release Earnings

    Economy

    Caterpillar's shares were up 6.84 percent at $140.69 in premarket trading. Reilly Financial Advisors LLC now owns 1,111 shares of the industrial products company's stock valued at $119,000 after acquiring an additional 535 shares in the last quarter.
  • Infosys Q2 profit rises about 3.3% to Rs3,726 crore

    Infosys Q2 profit rises about 3.3% to Rs3,726 crore

    Economy

    In dollar terms, revenues grew 2.9 percent on a QoQ basis to USD 2728 million for the quarter ended September 30. The growth in the net profit for the quarter is up by 7 per cent sequentially and 3.4 per cent year-on-year. Infosys founder NR Narayana Murthy had demanded that the full report by Gibson, Dunn and Crutcher on whistleblower allegations pertaining to the Panaya deal , be made public.
  • Bank of America Corporation (BAC) Upgraded to "Strong-Buy" by BidaskClub

    Economy

    The stock is trading at $27.16 which is just a bit higher than $25.19, the 50 day moving average and a great deal higher than the 200 day moving average of $24.08. The Manufacturers Life Insurance Company The holds 618,209 shares with $85.80 million value, down from 773,328 last quarter. North Carolina-based Bank Of America De has invested 0% in Aratana Therapeutics Inc (NASDAQ:PETX).
  • Fiat Chrysler shares rise as Q3 net profit, debt beat forecasts

    Economy

    A number of other institutional investors have also recently bought and sold shares of the stock. Fiat Chrysler Automobiles N.V. had a net margin of 2.51% and a return on equity of 15.69%. One analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company's stock.
  • Pay With Google a New Hassle-Free Payment Method for Android Users

    Economy

    When the user opts for " Pay With Google ", the API will extract all details from the Google account , and complete the payment with one single password . Maybe your session timed out. While the " pay with Google " option isn't available everywhere yet due to non-availability of its payment API , the company is offering a host of other services for faster checkout to customers via their apps and mobile websites, when loaded in Google Chrome.
  • DoJ is curbing secret gag orders so we're dropping lawsuit

    DoJ is curbing secret gag orders so we're dropping lawsuit

    Economy

    Microsoft has announced that it will drop its lawsuit against the United States government after the Department of Justice said that it will use fewer secrecy orders when making requests for user information. It helps ensure that secrecy orders are used only when necessary and for defined periods of time. The Department of Justice is yet to comment on the development, or answer any media questions.
  • Intuitive Surgical, Inc. (ISRG) skyrockets 81.55% since hitting worst price of $203.57

    Economy

    About 168,481 shares traded. Morgan Stanley now has a $390 price target on shares of Intuitive Surgical (NASDAQ: ISRG ). It has outperformed by 22.82% the S&P500. Investors sentiment increased to 1.07 in 2017 Q2. Its up 0.12, from 0.83 in 2017Q1. Arcadia Investment Mngmt Corp Mi reported 0% stake. Director, Johnson Amal M , sold 3,000 common shares of Intuitive Surgical, Inc .
  • McDonald's profits jump on better sales, China deal

    McDonald's profits jump on better sales, China deal

    Economy

    Total revenue was down 10% to an in-line $5.75B, while operating income rose 44% during the quarter. The company blamed its refranchising initiative for the 10% year-over-year decline in consolidated revenues. McDonald's returned $2.9 billion to shareholders through dividends and share buybacks. During the quarter, McDonald's reached its target of re-franchising 4,000 restaurants in China and Hong Kong.
  • VW and Daimler raided by European Union investigators as probe widens

    VW and Daimler raided by European Union investigators as probe widens

    Economy

    The EU's competition watchdog said in July that it was investigating an alleged cartel among Germany's top automakers on suspicion they conspired to fix prices in diesel and other technologies over decades. The deepening probe represents another challenge for the German vehicle industry, which is grappling with the fallout of VW's diesel-cheating scandal and the disruptive shift to self-driving, electric cars.
  • Costa coffee owner Whitbread's interim profit rises on expansion

    Costa coffee owner Whitbread's interim profit rises on expansion

    Economy

    At Costa Coffee , however, operating profit remained flat at £65 million. The analyst concluded: "Many of the factors driving those cost increases have now been lapped, so input inflation should ease from here. Wilson concluded that with Costa's global sales picking up, this might keep any talk of a break-up of the group quiet for the time being. Costa's worldwide segment saw sales grow by 15.4 per cent and Mr Wilson said that he expects this to accelerate as China presents increasing ...
  • GST Returns: Government Waives Fine For Delayed Filing

    GST Returns: Government Waives Fine For Delayed Filing

    Economy

    In view of the difficulties being faced during the return filing process and in order to further facilitate taxpayers, the competent authority has made a decision to waive the late fee on filing of GSTR-3B for the months of August and September, 2017.
  • Vitol to acquire Noble Americas

    Economy

    Vitol and an external spokeswoman for Noble declined to comment. Noble said gross proceeds from the sale of its oil liquids business would be US$1.4 billion, and after deducting debt of about US$836 million, cash proceeds would be about US$580 million.
  • Digital Realty Trust, Inc. (DLR) Lifted to Buy at Zacks Investment Research

    Digital Realty Trust, Inc. (DLR) Lifted to Buy at Zacks Investment Research

    Economy

    Mitsubishi Corporation has entered into a joint venture with United States real estate investment company Digital Realty Trust to deliver data centre solutions in Japan. COPYRIGHT VIOLATION WARNING: This piece was reported by StockNewsTimes and is the property of of StockNewsTimes. Digital Realty Trust, Inc is a real estate investment trust (REIT).
  • Legendrary director IV Sasi dead at 69

    Legendrary director IV Sasi dead at 69

    Economy

    Since then she had been his favourite actress and the duo had worked with each other in more than 30 films. I.V Sasi played a key role in turning actors like Mammootty, Mohanlal, Jayan, Sukumaran, Soman, Vincent and Seema into stars. He has also directed films like Kaali, Guru, Pagalil Oru Iravu etc., in Tamil. He directed the two present-day superstars Kamal Haasan and Rajinikanth in Allauddinum Albhutha Vilakkum.