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Economy

ATR is an exponential moving average (consist of 14 trading days) of the True Ranges that is explaining range of a day's trading is high-low. Capital International Investors now owns 21,269,515 shares of the coffee company's stock valued at $1,142,386,000 after acquiring an additional 4,696,452 shares during the period.
  • Longfin Corp. (LFIN) ended its day with the change of -30.89%

    Longfin Corp. (LFIN) ended its day with the change of -30.89%

    Economy

    A lower P/B ratio could mean that the stock is undervalued. The S&P 500 raised 32.57 points, or 1.26 percent, to 2,614.45. Shares of Baidu and shares of JD.com, another two Chinese famous tech companies listed in the USA equity market, reduced 0.02 percent and 0.26 percent respectively on Tuesday.
  • Nokia 8 Sirocco top features; Curved glass finish, wireless charging and more

    Nokia 8 Sirocco top features; Curved glass finish, wireless charging and more

    Economy

    Additionally, consumers will get 25 percent instant discount on domestic hotels at MakeMyTrip. Nokia 8 Sirocco will be available from April 30 via Flipkart , Nokia Mobile Shop and select retail stores. The Nokia 7 Plus comes with 64GB of storage, expandable up to 256GB , while the Nokia 8 Sirocco will be available with 128GB of inbuilt storage, which is non-expandable.
  • Could medical marijuana help curb the opioid crisis?

    Could medical marijuana help curb the opioid crisis?

    Economy

    Those in states that allowed them to use marijuana to treat pain had a 6 percent lower rate of prescribing opioids for pain. Hill said that marijuana and opioids use the same pathways, which would explain how legalized marijuana would provide a similar fix to that given by opioids.
  • Brokerage Overview of: Exxon Mobil Corporation (NYSE:XOM)

    Economy

    When beta is less/more than 1, it can be read that the stock is theoretically less/more volatile than the market. Closing price generally refers to the last price at which a stock trades during a regular trading session. (NYSE:MTN). Legal And General Plc holds 0.01% or 50,452 shares. Birinyi Associate has invested 0.47% in Exxon Mobil Corporation (NYSE: XOM ). Overbrook Mngmt accumulated 35,401 shares or 0.6% of the stock.
  • C&C Group plans to acquire Matthew Clark and Bibendum

    C&C Group plans to acquire Matthew Clark and Bibendum

    Economy

    With a range of over 4,000 products, including beers, wines, spirits, cider and soft drinks, sourced from in excess of 300 suppliers, Matthew Clark is the largest independent distributor to the United Kingdom on-trade drinks sector. AB InBev already works with C&C in the United Kingdom, and Conviviality was also a key launch partner for AB InBev's Bud Light beer brand in the United Kingdom from March 2017 onwards.
  • Crude Oil Value digs lower, following wider market fall

    Crude Oil Value digs lower, following wider market fall

    Economy

    China, the world's largest importer of raw materials, hit back at the Trump administration's plan to levy tariffs on $50 billion of its goods, retaliating with a list of duties on US imports including soybeans, planes, cars, whiskey and chemicals.
  • H-1B application process to begin tomorrow; to face unprecedented scrutiny

    H-1B application process to begin tomorrow; to face unprecedented scrutiny

    Economy

    The H-1B petition filing is for the fiscal year 2019 beginning October 1, 2018. The H-1B visa application process for this year has officially started on April 2 and the U.S. "Complete all sections of the form accurately The petitioner should include a copy of the beneficiary's valid passport", USCIS said. Observing that immigration has always been a source of strength for America's economy, Schultz said H-1B visa is a "key part of the high-skilled immigration" system that needs to be ...
  • How Risky is Your Stock?: Royal Dutch Shell plc (RDS-A)

    How Risky is Your Stock?: Royal Dutch Shell plc (RDS-A)

    Economy

    A beta of greater than 1 indicates that the security's price is theoretically more volatile than the market. Royal Dutch Shell has GBX 3000 highest and GBX 2000 lowest target. +14.1%)". The recent session has given its stock price a 25.04% positive lead over its 52-week low and showed down move of -11.82% over its 52-week high.
  • Vauxhall to build new Vivaro van at Luton factory

    Vauxhall to build new Vivaro van at Luton factory

    Economy

    As part of its commitment to keep auto manufacturing in the town, Luton Borough Council is offering a £3.2m grant to Peugeot SA to help create 200 new jobs as part of the company's plans. The British government is contributing 9 million pounds to the van investment as part of its push to support the United Kingdom automotive industry, which employs over 800,000 people and generates revenue of 77.5 billion pounds ($110 billion).
  • USA stock futures slip as trade concerns, tech worries persist

    USA stock futures slip as trade concerns, tech worries persist

    Economy

    The NASDAQ dropped by 3% and the S&P dropped 2.4%. Reuters reported that the company said on Monday it meant to sell shares in its SK Lubricants unit as part of a planned initial public offering. Stocks are falling sharply on Wall Street after China raised import duties on US pork, apples and other products. The yield on ten-year US Treasury bonds also jumped 2 basis points to 2.75%.
  • JPMorgan Chase Reiterates Neutral Rating for GlaxoSmithKline (GSK)

    Economy

    The company has market cap of $96.13 billion. Meanwhile, GSK has a wider range of statistics for different time periods, instigating from Perf Week performance pitched 4.94% during the last five trading sessions repeatedly. (NYSE:GBX). Moreover, Teachers Retirement Systems Of The State Of Kentucky has 0.01% invested in The Greenbrier Companies, Inc. The Dow Jones Industrial Average fell 458.92 points (1.90 per cent) at 23,644.19 while the broad-based S&P 500 shed 58.99 points (2.23 per ...
  • Sensex, Nifty Marginally Higher In Early Trade

    Sensex, Nifty Marginally Higher In Early Trade

    Economy

    The Sensex dropped as much as 533 points from day high level of 33505.53, while it settled at 33,019, down 351.56 points from previous day's close. Investors await the outcome of two-day Monetary Policy Committee meeting due Thursday. All 19 sectoral indexes closed in the red except the auto index which rose 0.42% at the end of trade. On Tuesday, the equity indices closed with appreciable gains - despite volatility in the global markets - led by healthy buying in banking, auto, oil and ...
  • ICICI securities lists with negative gains

    ICICI securities lists with negative gains

    Economy

    Of this, around Rs 1,717 crore were raised from anchor investors. Shares in state-run Mishra Dhatu Nigam Ltd were trading at Rs 89, down 1.11 per cent on their market debut, versus an issue price of Rs 90. This was the second worst listing of 2018 after Karda Constructions, earlier this month, made a tepid debut with a deep discount of 24.44 per cent over its issue price of Rs 180.
  • Amazon may offer to buy Flipkart to rival Walmart bid

    Amazon may offer to buy Flipkart to rival Walmart bid

    Economy

    Flipkart, the Indian e-commerce company founded by Sachin and Binny Bansal (unrelated to each other) has reportedly been in talks with Walmart Inc for a stake sale. The deal with Walmart is expected to aid Flipkart in its fight against Amazon, which has committed to investing $5 billion in India as it expands aggressively , including into online grocery deliveries, which analysts tip as the next big battleground for the country's e-commerce sector.
  • John Williams tapped to head New York Fed

    John Williams tapped to head New York Fed

    Economy

    He will take over for William Dudley, who announced past year that he planned to step down this summer. President Donald Trump selected board member Jerome Powell to succeed Yellen as Fed chairman in February. Last year, Raphael Bostic became the first African-American to lead a Fed regional bank when he was chosen as president of the Atlanta Fed. Democratic senators have demanded public hearings on the choice.
  • NYSE, Spotify's market debut, and the Swiss miss

    NYSE, Spotify's market debut, and the Swiss miss

    Economy

    It's using a "direct listing" on the New York Stock Exchange that will allow the company's early investors and employees to sell as many shares as they want whenever they want. The social media platform went public a year ago, joining Facebook and Alibaba Group Holding Ltd as recent stock listings. The direct listing by the Stockholm-founded company was the largest on record.
  • Pasta may actually not make your kids obese

    Pasta may actually not make your kids obese

    Economy

    Experts at the facility conducted a meta-analysis of 32 studies involving over 2,448 people who consumed pasta as part of a healthy low-glycemic index (GI) diet. They lost a little over a pound over a median follow-up of 12 weeks. Prof Sievenpiper added: 'The study found that pasta didn't contribute to weight gain or increase in body fat.
  • The Goldman Sachs Group, Inc. (GS)

    The Goldman Sachs Group, Inc. (GS)

    Economy

    It has outperformed by 4.39% the S&P500. Kiltearn Partners Llp increased its stake in Goldman Sachs Group Inc (GS) by 1.48% based on its latest 2017Q4 regulatory filing with the SEC. About 3.07M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 3, 2017 and is downtrending. ( NYSE :GS) shares with value of $1.19 million were sold by GNODDE RICHARD J.
  • Sorrell in spotlight of WPP inquiry

    Sorrell in spotlight of WPP inquiry

    Economy

    In addition, it is looking into allegations of improper personal behaviour by Sir Martin, according to The Wall Street Journal . Martin Sorrell , the CEO of the world's biggest ad agency, is under investigation over claims of "personal misconduct".
  • Facebook finds hundreds more accounts run by Kremlin-linked troll group

    Economy

    The company said most of the accounts and pages were in Russian and aimed at users in Russia and neighbouring or nearby countries, including Ukraine, Azerbaijan and Uzbekistan. The Internet Research Agency came to widespread attention with a profile in The New York Times Magazine in 2015 describing how its paid trolls, working in St Petersburg, posted false stories and inflammatory comments on various sites across the Internet.