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Economy

William Li, Founder and Chairman of Nio outlined that it is hard to determine how the launch will affect Tesla's sales in China. The launch of the ES8 comes amid a rising wave of "Tesla challengers", a clutch of mainland start-ups such as NIO, Byton and Xpeng that are in a race to be the next big electric vehicle major.
  • Tyrrells could change hands in Hershey-Amplify deal

    Tyrrells could change hands in Hershey-Amplify deal

    Economy

    Hershey President and chief executive officer Michele Buck said: "The acquisition of Amplify and its product portfolio is an important step in our journey to becoming an innovative snacking powerhouse as together it will enable us to bring scale and category management capabilities to a key sub-segment of the warehouse snack aisle".
  • What happened when Ranveer Singh met Deepika Padukone's father

    What happened when Ranveer Singh met Deepika Padukone's father

    Economy

    In the picture, both were all smiles and we could sense the level of comfort the two celebrities share with each other. Indian media reported Ranveer was at the launch event of a sports facility of badminton champion Prakash Padukone and former cricketer Rahul Dravid , Padukone-Dravid Centre for Sports Excellence.
  • Stock on Analyst Radar: Oasis Petroleum Inc (OAS)

    Economy

    Luminus Mngmt Ltd Limited Liability Company invested 0.24% in Oasis Petroleum Inc. Bank of New York Mellon Corp now owns 5,755,177 shares of the energy producer's stock worth $46,330,000 after buying an additional 2,732,234 shares during the last quarter.
  • Endo International (ENDP) Downgraded by Vetr to "Buy"

    Economy

    Daqo New Energy had 13 analyst reports since August 12, 2015 according to SRatingsIntel. After $0.91 actual earnings per share reported by Endo International plc for the previous quarter, Wall Street now forecasts -28.57% negative EPS growth.
  • EU regulators to investigate Ikea's Dutch tax deals

    EU regulators to investigate Ikea's Dutch tax deals

    Economy

    A probe into Ikea, one of Europe's best-known brands, may lift some criticism Vestager has received for focusing on how U.S. companies may use different methods to reduce taxes. Officials claimed a "significant" sum in franchise profits was shifted there from the Netherlands, with no tax paid. The move against Ikea came at the urging of the Greens party in European Parliament which mounted a major campaign to put the spotlight on Ikea.
  • Government plans shake-up for pension auto-enrolment

    Government plans shake-up for pension auto-enrolment

    Economy

    We do not want to create uncertainty or disruptive change for businesses while existing changes are underway, so we will continue to develop our proposals alongside stakeholders, and through a detailed public consultation. "After decades of declines in workplace pension saving we are now seeing increases". Those juggling several jobs and others earning less than £10,000 have not considered in the latest reforms - due come into effect next April.
  • Charles Barkley has jokes even as he makes $1 million pledge

    Charles Barkley has jokes even as he makes $1 million pledge

    Economy

    While Shaquille O'Neal began cracking up, co-panelist Kenny Smith questioned why Barkley made an "under-handed, backhand joke". "That does not mean hair salons and restaurants". The former National Basketball Association star also criticized the Democratic Party after the election, saying they've taken support from black voters and poor voters for granted "for a long time".
  • Toyota planning 10 purely electric vehicles by 2020s

    Toyota planning 10 purely electric vehicles by 2020s

    Economy

    Both Toyota and Lexus-branded vehicles will have an electric version or will transform into dedicated electric vehicles (EVs) by 2025, according to the automaker, which at present does not offer any purely electric models. Terashi stressed the deal with Panasonic is "a crucial piece" in Toyota's strategy, and that it wanted to promote a Japanese partnership. FILE PHOTO: A staff member plugs a charger cable into Toyota's i-Road electric vehicle in Tokyo, Japan April 9, 2015.
  • Are Amazon struggling to deliver on time this Christmas?

    Are Amazon struggling to deliver on time this Christmas?

    Economy

    A spokeswoman for the Advertising Standards Authority said: "We have received a handful of complaints". At this time of year however a missed delivery is a lot more emotional than your printer toner being a day late in July. 'We are considering whether to launch an investigation'. An Amazon spokesman addressed the delayed deliveries, adding: 'We'd ask any customers with questions about their deliveries to contact us'.
  • American Homes 4 Rent (AMH) Director Acquires $100100.00 in Stock

    Economy

    The stock increased 1.05% or $1.8 during the last trading session, reaching $173.55. About 2.89M shares traded or 113.75% up from the average. American Homes 4 Rent has a 1 year low of $19.76 and a 1 year high of $23.98. American Homes 4 Rent's payout ratio is -2,000.00%. The rating was upgraded by Evercore on Monday, December 4 to "Outperform". In other American Homes 4 Rent news, Director B Wayne Et Al Hughes acquired 292,977 shares of the firm's stock in a transaction that occurred ...
  • Devon Energy Corp New (DVN) Stake Upped by South Dakota Investment Council

    Economy

    Sunworks, Inc. (NASDAQ:SUNW) has declined 25.87% since December 15, 2016 and is downtrending. It has outperformed by 25.67% the S&P500. Devon Energy ( NYSE:DVN ) traded down $0.32 during trading on Tuesday, reaching $37.68. Devon Energy (NYSE:DVN) last posted its earnings results on Tuesday, October 31st. Mai Capital reported 12,256 shares. Independent Portfolio Consultants holds 0% or 225 shares in its portfolio.
  • Aconex Surges 44% After Accepting $1.6 Billion Buyout Offer from Oracle

    Aconex Surges 44% After Accepting $1.6 Billion Buyout Offer from Oracle

    Economy

    It has more than 70,000 customers and its cloud-based software has been used on 16,000 projects across construction, infrastructure and energy in 70 countries, according to its website. This, apparently, gives the tech business an opening. Founded in 2000, Aconex now has offices in 30 countries and says it has been used to manage over $1 trillion in construction projects.
  • Satta Ke Sitaare: Himachal, Gujarat to go to BJP, exit polls predict

    Satta Ke Sitaare: Himachal, Gujarat to go to BJP, exit polls predict

    Economy

    Mr Gandhi, who assumed charge as Congress president on Saturday, campaigned for nearly two months in Gujarat and gave the BJP its toughest fight in Mr Modi's home state. Swain has said. In 2012, the Congress won 36 seats and the BJP 26. Congress leader and six-time Himachal Pradesh Chief Minister Virbhadra Singh is challenging in opposition to former Chief Minister Prem Kumar Dhumal to be the next head of the state.
  • IFM Investors Pty Ltd Acquires 12054 Shares of McDonald's Co. (MCD)

    Economy

    Shoker Investment Counsel Inc. now owns 9,806 shares of the fast-food giant's stock valued at $1,501,000 after acquiring an additional 134 shares during the last quarter. Piper Jaffray maintained McDonald's Corporation (NYSE:MCD) on Thursday, December 14 with "Buy" rating. 8,046 shares valued at $1.33M were sold by Sappington James R on Wednesday, October 25.
  • World's largest futures exchange set to launch bitcoin futures Sunday night

    World's largest futures exchange set to launch bitcoin futures Sunday night

    Economy

    Some investors believe the CME bitcoin futures could attract more institutional demand because the final settlement price is culled from multiple exchanges. In less than ten years, bitcoin has quickly evolved from being a fringe asset and the focus of tech nerds to a globally traded asset. The first bitcoin futures trades kicked off on Sunday at 6 p.m.
  • GLaterening Stock-:- American Eagle Outfitters, Inc. (NYSE:AEO)

    Economy

    Mackay Shields Llc who had been investing in American Eagle Outfitters Ne for a number of months, seems to be bullish on the $3.09B market cap company. It also increased its holding in At&T Inc (NYSE:T) by 8,816 shares in the quarter, for a total of 377,959 shares, and has risen its stake in Air Transport Services Group (NASDAQ:ATSG).
  • Sq Advisors LLC Raised Liberty Global Plc (LBTYK) Position

    Economy

    About 3.73 million shares traded or 24.56% up from the average. Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since December 15, 2016 and is downtrending. Among 15 analysts covering Liberty Global (NASDAQ: LBTYA ), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 18% are positive. PVH Corp had 77 analyst reports since August 19, 2015 according to SRatingsIntel.