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Economy

ICICI Bank's standalone profit after tax was at Rs 6,777 crore for FY 2018 as compared to Rs 9,801 crore for the year ended March 31, 2017. Also current provisions rose by 85.61% versus Rs 3,569.66 crore of preceding quarter. While officially the meeting's agenda is "strategy", the issue that is likely to be discussed is the controversy surrounding Rs 3,250-crore loan to the Videocon group.
  • Mukesh Ambani's daughter Isha to marry Anand Piramal in Dec

    Mukesh Ambani's daughter Isha to marry Anand Piramal in Dec

    Economy

    Anand is said to have proposed to Isha at a temple in Mahabaleshwar. Anand is the founder of Piramal Realty. Her fiance Anand Piramal is a graduate of Harvard Business School, and is the executive director of Parimal Enterprises. In 2008, Isha was ranked 2nd on the Forbes' Youngest Billionaire Heiresses list with a net worth of Rs 4,710 crore (US$720 million) and in 2015, she was named among 12 powerful upcoming businesswomen in Asia.
  • Volkswagen teases Golf GTI TCR

    Volkswagen teases Golf GTI TCR

    Economy

    It's expected to go on-sale later this year. It will be the fastest Golf yet. Volkswagen has released these teaser drawings of its sizzling new Golf GTI TCR, which will be capable of 264km/h with its 250km/h limiter removed, 14km/h faster than even the Golf R.
  • Q4 Sentiment Nuveen Municipal Value Fund Inc (NYSE:NUV)

    Economy

    The Florida-based Raymond James Fincl Service Inc has invested 0% in Actinium Pharmaceuticals, Inc. The ratio is better, as 58 institutional investors started new and increased stock positions, while 43 trimmed and sold stock positions in Nuveen Amt-free Municipal Income Fund.
  • 4 coal miners in Poland still missing after 3rd man rescued

    4 coal miners in Poland still missing after 3rd man rescued

    Economy

    Some 200 rescue and support workers were still pressing to locate and reach four more missing miners, stuck 900 meters (2,950 feet) underground. "A physician has pronounced him dead", Daniel Ozon, the CEO of the Jastrzebie Coal Company (JSW) managing the mine, told reporters on Sunday.
  • California has surpassed the United Kingdom as world's 5th largest economy

    California has surpassed the United Kingdom as world's 5th largest economy

    Economy

    Meanwhile, the UK's financial outcome marginally shrunk during this period after quantified in USA bucks, thanks as a way to swap rate fluctuations. Financial solutions and real estate led the bunch at £ 26 billion in earnings, followed closely with the details sector, which includes many tech businesses, at £ 20 billion.
  • That first Big Mac was so good he's had 30000 of them

    That first Big Mac was so good he's had 30000 of them

    Economy

    Don Gorske eats the 30,000th Big Mac of his life at a McDonald's in Fond du Lac, Wis., May 4, 2018. "And like I say, I hope to keep hitting them for awhile yet", Gorske said. "At my last medical check-up I had low cholesterol and my blood pressure was flawless". Gorske says he has enjoyed an average of two sandwiches almost every day since that magical day.
  • Bank of America (BAC) Rating Setd by Keefe, Bruyette & Woods

    Economy

    The stock outperformed the S&P500 by 16.63%. City Holding Company decreased its stake in City Hldg Co Com (CHCO) by 1.18% based on its latest 2017Q4 regulatory filing with the SEC. In Monday, March 26 report Oppenheimer maintained it with "Buy" rating and $3500 target. Bank of America Corporation (NYSE:BAC) that has shown a discernible change in trend levels over the path of recent market activity.
  • Carnival Corporation (NYSE:CCL) Ratings Summary on May 3, 2018

    Carnival Corporation (NYSE:CCL) Ratings Summary on May 3, 2018

    Economy

    The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.14 and a current ratio of 0.19. HCP traded at an unexpectedly low level on 02/05/2018 when the stock experienced a -0.97% loss to a closing price of $23.44. Ishares Msci Spain Etf (EWP) was raised too. Therefore 42% are positive. Carnival PLC had 7 analyst reports since December 6, 2017 according to SRatingsIntel.
  • (SSW) Expected to Post Q1 2018 Earnings of $0.14 Per Share

    Economy

    It helps you quickly get a picture of where Wall Street stands on a stock without reading huge research reports. The firm has a market cap of $950.57, a P/E ratio of 11.64, a PEG ratio of 0.33 and a beta of 0.52. The avg target $11.18 is 40.45% above the last ($7.96) price. In analysts note issued on 4 May, Seaspan (NYSE: SSW ) shares have had their "Neutral" Rating reaffirmed by stock research analysts at Citigroup.
  • United States stocks close higher amid data, earnings

    United States stocks close higher amid data, earnings

    Economy

    The Nasdaq composite dipped 12.75 points, or 0.2 percent, to 7,088.15. Comcast rose 2.8 percent and Disney climbed 2 percent. The Dow Jones 30 fell significantly during the trading session on Thursday, breaking through a major uptrend line at one point during the afternoon, as we continue to see a lot of noise in this market.
  • Cobham (LON:COB) Rating Reiterated by Liberum Capital

    Economy

    JP Morgan maintained it with "Overweight" rating and GBX 530 target in Tuesday, December 12 report. The rating was maintained by Liberum Capital on Thursday, November 16 with "Buy". Morgan Stanley maintained Chegg, Inc. Since December 13, 2017, it had 0 buys, and 27 sales for $31.23 million activity. Moreover, Mrj Capital Inc has 2.12% invested in the company for 256,200 shares.
  • CVS Health (CVS) Shares Sold by Sentinel Trust Co. LBA

    Economy

    The company has market cap of $359.81 million. When we see the company's Volatility, it now has a monthly volatility of 2.93% and weekly volatility of 3.46%. Jefferies has "Hold" rating and $82.0 target. CVS Health's earnings climbed almost 5 percent, topping Wall Street expectations for the first quarter as the nation's second-largest drugstore chain focuses on completing a $69 billion acquisition of the insurer Aetna.
  • Reilly Financial Advisors LLC Acquires 1140 Shares of Church & Dwight (CHD)

    Reilly Financial Advisors LLC Acquires 1140 Shares of Church & Dwight (CHD)

    Economy

    NYSE:CHD opened at $47.55 on Tuesday. It has underperformed by 15.77% the S&P500. Biglari Capital Corp decreased its stake in Investors Title Co (ITIC) by 24.05% based on its latest 2017Q4 regulatory filing with the SEC. Atlanta Capital Management Co Llc increased its stake in Church & Dwight Inc ( CHD ) by 17.36% based on its latest 2017Q4 regulatory filing with the SEC.
  • Analyst Target Price and Stock Review Cousins Properties Inc (CUZ)

    Economy

    CUZ underperformed the S&P500 by 6.08%. Shares are trading price at $9.12 with move of 0.55%. Benchmark Electronics Inc. now has $1.27 billion valuation. Shortening the period, the five-month price index is 0.98, the three-month price index is 1.03, while the one-month price change is now 1.06. Cousins Properties's dividend payout ratio (DPR) is 42.62%.
  • Foreign US bond holdings at Fed hit 3-month low

    Foreign US bond holdings at Fed hit 3-month low

    Economy

    On the earnings front, AIG shares dropped 5.3 percent after the insurer reported a lower-than-expected quarterly profit, while Cardinal Health tumbled 21.4 percent after the drug distributor cut its annual earnings forecast. The difference between German and USA government bond yields was close to its highest in almost three decades on Friday ahead of the release of U.S.jobs data that could further demonstrate the countries' different inflation paths.
  • Local Companies Make Forbes' List Of America's Best Employers

    Local Companies Make Forbes' List Of America's Best Employers

    Economy

    When it comes to our culture, our Core Beliefs are the foundation of our success. In the 2018 Forbes rankings of " America's Best Employers ", UI Health Care was named the No. The employees were consulted anonymously through online access panels which allowed them to express their opinions. Zoetis is committed to hiring and retaining the best and brightest employees from a variety of backgrounds.
  • Pfizer (PFE) CEO Ian C. Read Sells 132312 Shares

    Economy

    Levin Capital Strategies Lp sold 952,492 shares as the company's stock declined 3.13% with the market. The institutional investor held 4.26M shares of the o.e.m. for 262,620 shares. Jefferies maintained Pfizer Inc. The institutional investor held 177,997 shares of the health care company at the end of 2017Q4, valued at $6.45M, up from 150,888 at the end of the previous reported quarter.
  • Liverpool to face Real Madrid in Champions League final

    Liverpool to face Real Madrid in Champions League final

    Economy

    Bayern, who trailed 2-1 after last week's opening leg in Germany , looked capable of inflicting this season's latest European comeback when Joshua Kimmich scored early and James Rodriguez levelled shortly after the hour. He spoke to Fox Sports after helping Real to a 2-2 draw and a 4-2 aggregate success and said when asked if the ball had struck his hand: "Yes, it hit my hand".
  • Analysts Ratings for Newell Brands Inc. (NWL)

    Economy

    About 1.16M shares traded. With 1.73M avg volume, 7 days are for Helmerich & Payne Inc (NYSE:HP)'s short sellers to cover HP's short positions. It has outperformed by 13.61% the S&P500. Return on Assets (ROA) ratio indicates how profitable a company is relative to its total assets. Parallax Volatility Advisers Limited Partnership has 11,440 shares for 0% of their portfolio.
  • US Steel (X) Forecasted to Post FY2018 Earnings of $5.41 Per Share

    US Steel (X) Forecasted to Post FY2018 Earnings of $5.41 Per Share

    Economy

    The company's stock had a trading volume of 11,128,348 shares, compared to its average volume of 19,728,104. Globenewswire.com has article titled "United States Steel Highlights Commitment to Sustainability in New Report". The most optimistic analyst sees the stock reaching $9 while the most conventional has $3.25 target price. The target implies a 22.2% spike from where the shares are now trading.