Economy

Almost 2 million South Koreans are estimated to have used cryptocurrency applications with their smartphone in the past week, data showed Monday. The original cryptocurrency came under a lot of pressure toward the end of last week, after remarks by South Korea's Justice minister Park Sang-ki, suggesting that the government would soon impose a ban on cryptocurrency exchanges in the country, threw the entire digital currency market into turmoil .
  • Trump supporters demand London Mayor Sadiq Khan arrest

    Trump supporters demand London Mayor Sadiq Khan arrest

    Economy

    Kahn appeared to be calm during the pro-Trump supporters demonstration, looking through a newspaper until London's police arrived to remove the demonstrators. embassy in London. President Trump fired off a series of critical tweets over Mr Khan's handling of the attack, mocking the mayor's comments that there was "no reason to be alarmed" over armed police on the streets.
  • Tracking the Consensus Target Price on These Shares: Visteon Corporation (NYSE:VC)

    Economy

    William Blair analyst R. Merkel now forecasts that the construction company will post earnings of $5.57 per share for the year, up from their prior estimate of $5.55. Therefore 65% are positive. Watsco had 30 analyst reports since September 11, 2015 according to SRatingsIntel. The company presently has an average rating of "Hold" and a consensus target price of $160.40.
  • UIDAI to add new safety feature 'Aadhaar face authentication' from July 1

    UIDAI to add new safety feature 'Aadhaar face authentication' from July 1

    Economy

    Now, UIDAI has just added another layer of security in the form of 'Face Authentication'. As of now, two modes of biometric authentication, fingerprint authentication and iris authentication, are allowed under Aadhaar . This will not require any new reference data as photos of citizens is already on the Aadhaar database. This does not mean that you have to go to an Aadhaar centre again for authentication of face recognition details.
  • African Union expresses dismay over Trump comments, demands apology

    African Union expresses dismay over Trump comments, demands apology

    Economy

    Making reference to Trump's reported derogatory comments about Haiti , ambassadors expressed solidarity with the people of Haiti "and others that have been similarly denigrated". Trump on Friday denied using that language. It is not true. "Following comments by the president, I said my piece directly to him yesterday". "I don't know if there will be a shutdown", he said.
  • ACADIA Pharmaceuticals (NASDAQ:ACAD) Upgraded to "Hold" by BidaskClub

    Economy

    Contravisory Invest Management invested 0% in ACADIA Pharmaceuticals Inc . It has underperformed by 14.60% the S&P500. ( ACAD ) by 98.22% based on its latest 2017Q3 regulatory filing with the SEC. The firm earned "Buy" rating on Friday, September 15 by Needham. Therefore 38% are positive. Jason Industries had 4 analyst reports since November 2, 2015 according to SRatingsIntel.
  • SoftBank mulls launch of mobile unit IPO this year

    SoftBank mulls launch of mobile unit IPO this year

    Economy

    In late December, Uber Technologies Inc's shareholders agreed to sell a significant stake in the ride-hailing company to an investor consortium led by SoftBank Group . The parent will sell some 30 per cent of SoftBank Corp. It has with other investors also set up a $93 billion Vision Fund that is investing in a range of firms to capitalise on a tech future expected to be driven by artificial intelligence, robotics and interconnected devices.
  • Capital First merger to lift IDFC Bank's retail business

    Capital First merger to lift IDFC Bank's retail business

    Economy

    Post the merger, Vaidyanathan will take over as managing director and CEO of the merged entity and Rajiv Lall will be the non-executive chairman. After its failed merger plan with Shriram Capital previous year, IDFC Bank on Saturday announced that Capital First Ltd will merge with the bank to form a banking entity with combined assets under management of Rs 88,000 crore and a market capitalisation of over Rs 31,000 crore.
  • Seal slams Oprah Winfrey for this reason

    Economy

    After slamming Oprah Winfrey for being "part of the problem" in Hollywood , Seal attempted to walk back his accusations - kind of. The liberal Huffington Post's headline read, "Singer Seal Accuses Oprah Of Knowing About Weinstein Rumors 'For Decades'".
  • Absolute Shares Trust Declares Quarterly Dividend of $0.02 (WBIE)

    Economy

    ADX is used to gauge trend strength but not trend direction. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. iShares Trust - iShares Global 100 ETF (ARCA:IOO) presently has a 10 month price index of 1.21092. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.
  • Facebook Shares Plummet After News Feed Announcement

    Facebook Shares Plummet After News Feed Announcement

    Economy

    Organisations on Facebook may see the popularity of their posts decrease as a result, the firm acknowledged. The comments come after widespread media speculation about the impact of social media on how consumers perceive issues and society, and the potentially harmful effects of bogus news and extremist content in news feeds.
  • Crude oil prices for 2018 projected to rise 11%: STEO

    Crude oil prices for 2018 projected to rise 11%: STEO

    Economy

    That is slightly below the five-year average of just more than 420-million barrels. The rally in oil prices, which are up 59 percent since 2017 lows reached in June, has been driven by a number of forces, including increased demand and continued production cuts.
  • Institutional Investors Are Betting On Digital Realty Trust Inc (NYSE:DLR)

    Economy

    Cavium, Inc. (NASDAQ:CAVM) has risen 55.16% since January 14, 2017 and is uptrending. It has outperformed by 58.38% the S&P500. Education Realty Trust (NYSE: EDR ) last released its earnings results on Monday, October 30th. office markets. It has a 87.42 P/E ratio. The firm was formerly known as Wells REIT, Inc. The stock decreased 0.16% or $0.03 during the last trading session, reaching $19.27.
  • Ramaphosa vows to punish state looting

    Ramaphosa vows to punish state looting

    Economy

    He told the crowd of about 20,000 that the ANC's new leadership was committed to doing things differently. ANC member Vanita Kok, from the Khoisan royal house, said Ramaphosa's message struck a chord because "corruption is rife". Ramaphosa thanked Zuma for deciding to establish a judicial commission of inquiry into state capture. "Our commitment is to build strong partnerships in which efficient and accountable government agencies, responsible citizens and businesses, effective trade unions ...
  • BT Group (LON:BT) Rating Reiterated by Deutsche Bank

    Economy

    Liberum Capital reaffirmed a "hold" rating and set a GBX 1,025 ($13.90) price target on shares of Shaftesbury in a research report on Monday, September 25th. Therefore 27% are positive. Chemring Group PLC had 76 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has "Buy" rating by Panmure Gordon given on Wednesday, September 30.
  • Peel Hunt Reiterates Buy Rating for Nanoco Group (NANO)

    Economy

    Among 17 analysts covering London Stock Exchange Group PLC ( LON:LSE ), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 30% are positive. Marshalls PLC had 67 analyst reports since August 28, 2015 according to SRatingsIntel. J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The stock has a market cap of $2,900.00 and a price-to-earnings ratio of 2,000.00.
  • Earnings Forecast Revision Scan: Las Vegas Sands Corp. (LVS)

    Economy

    In related news, Director George Jamieson bought 1,000 shares of the stock in a transaction dated Tuesday, November 14th. About 1.28 million shares traded. Crossmark Global Holdings Inc. purchased a new stake in shares of Las Vegas Sands during the third quarter worth approximately $209,000. (NYSE: LVS ) or 155,600 shares.
  • Do You Have Devon Energy Corporation (NYSE:DVN) In Your Portfolio?

    Economy

    Henry Schein, Inc. (NASDAQ:HSIC) has risen 4.05% since January 12, 2017 and is uptrending. It has outperformed by 62.92% the S&P500. 3G Capital Partners Ltd Partnership invested 1.36% in Devon Energy Corporation (NYSE: DVN ). Flippin Bruce & Porter has invested 0.52% in Devon Energy Corporation (NYSE:DVN). Van Strum & Towne holds 78,324 shares. Clearbridge Limited Co owns 1.30M shares.
  • Trust Co Has $221000 Stake in Teva Pharmaceutical Industries Ltd (TEVA)

    Economy

    RBC Capital Markets maintained the stock with "Underperform" rating in Monday, September 18 report. The rating was maintained by Maxim Group with "Hold" on Thursday, July 13. Highland Mgmt Limited Partnership reported 6,825 shares stake. Woodstock Corp owns 46,184 shares for 1.85% of their portfolio. The New York-based Rudman Errol M has invested 1.67% in the stock.
  • AbbVie Inc (ABBV) Shares Sold by RFG Advisory Group LLC

    AbbVie Inc (ABBV) Shares Sold by RFG Advisory Group LLC

    Economy

    Outfitter Advisors Ltd who had been investing in General Elec Co for a number of months, seems to be less bullish one the $162.69 billion market cap company. Since July 31, 2017, it had 0 buys, and 8 sales for $45.57 million activity. The stock of AbbVie Inc. (NYSE:ABBV). 103,300 were reported by Hbk Invests Lp.