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Finance

The head of Renault has taken a sharp pay cut to remain in charge, even though the French carmaker has reported a 49 per cent jump in net profit to €5.11 billion. France raised its stake in 2015. Ogi Redzic, senior vice president of Connected Vehicles and Mobility Services for Renault-Nissan-Mitsubishi, said: "The potential business and technology opportunities that we will explore with DiDi are quite promising".
  • Izzy Atkin holds nerve to win first British skiing medal

    Izzy Atkin holds nerve to win first British skiing medal

    Finance

    Hoefflin scored 83.80 points in her first run before crashing in her second. Britain's Izzy Atkin also used her final run to full effect, scoring 84.60 to leapfrog American Maggie Voisin into bronze medal position. Atkin, who is also the youngest member of Team GB at these Games, afterwards admitted she was "stoked" by her medal. "I don't really believe it".
  • Deputies stop 2 Sacramento teens from possible sex trafficking trade

    Deputies stop 2 Sacramento teens from possible sex trafficking trade

    Finance

    A Sacramento International Airport employee's quick thinking likely saved two teenage girls from lives in captivity. Miracle discovered the girls' flights were either one-way or multi-stop tickets paid for with a fraudulent credit card. "They had told us they were talking to somebody on Instagram who was asking them to come back and take pictures, modeling pictures, and music videos", said Sanderson.
  • Analysts Set Portland General Electric (POR) Price Target at $43.33

    Finance

    About 35.71 million shares traded. It has underperformed by 4.60% the S&P500. Sponsored Adr (BP) by 3.74% based on its latest 2017Q3 regulatory filing with the SEC. Renaissance Techs Ltd Liability holds 0.18% or 6.35 million shares. Stonebridge Capital Advsr Ltd Co has invested 1.39% in General Electric Company (NYSE:GE).
  • Delta to give employees $1 billion in bonuses

    Delta to give employees $1 billion in bonuses

    Finance

    Deutsche Post AG (OTCMKTS:DPSGY) has 0.00% since February 15, 2017 and is. It has outperformed by 40.63% the S&P500. Delta Air Lines's revenue for the quarter was up 8.3% compared to the same quarter last year. Sell side analysts plays vital role in buying and selling a stock where 6 analysts rated Delta Air Lines, Inc. Bank Of Ny Mellon reported 9.13M shares.
  • Bank of Montreal Can Grows Position in Universal Display Co. (OLED)

    Finance

    The stock, as of last close, traded 143.06% away to its 52 week low and was at a distance of -22.49% from its 52 week high. About 83,308 shares traded. The company was maintained on Tuesday, July 18 by BMO Capital Markets. RBC Capital Markets has "Outperform" rating and $210 target. Koch Indus owns 2,120 shares.
  • Murphy Oil Corporation (NYSE:MUR) Can't Be More Risky. Short Interest Increased

    Finance

    Adams Asset Advisors Llc who had been investing in Murphy Oil Corp for a number of months, seems to be less bullish one the $4.62 billion market cap company. Investors sentiment decreased to 0.81 in Q3 2017. Its up 0.04, from 1.05 in 2017Q2. 45 funds opened positions while 90 raised stakes. The oil and gas producer reported $0.41 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.41.
  • CBI seeks Interpol help to nab Nirav Modi

    Finance

    Till now the ED, the agency that tracks overseas money laundering deals, has so far conducted searches at 35 locations across India in Nirav Modi's showrooms and office spaces and seized diamonds, gold and jewellery worth Rs 5,649 crore till now.
  • Survivors of Florida high school shooting call for action on gun control

    Survivors of Florida high school shooting call for action on gun control

    Finance

    Trump said, "No child, no teacher, should ever be in danger in an American school ". Trump said from the White House he's making plans to meet with families and local officials, and to continue coordinating the federal response. " President Trump , you say 'what can you do?' You can stop the guns from getting into these children's hands", she said. Trump's refusal to discuss gun control or gun safety reforms was glaring.
  • Team Penske stakes claim as Daytona 500 favorites

    Team Penske stakes claim as Daytona 500 favorites

    Finance

    Everyone knows that with a little luck anything can happen at Daytona or Talladega. You can sign up for a free 7-day trial, and you can then watch the races live on your computer via the FuboTV website, or on your phone, tablet or streaming device via the FuboTV app .
  • Energy Drives US Wholesale Price Up In January

    Energy Drives US Wholesale Price Up In January

    Finance

    The producer-price index, a measure of the prices businesses charge for their goods and services, rose a seasonally adjusted 0.4% in January from a month earlier, the Labor Department said Thursday. The big gains last month and in November were both driven by sharp increases in the cost of gasoline and other energy products. Prices for wood doors for interior and exterior applications rose 0.8 percent during the past month.
  • Hot Stock to Watch: Campbell Soup Company (NYSE:CPB)

    Hot Stock to Watch: Campbell Soup Company (NYSE:CPB)

    Finance

    The price to earnings growth ratio is 5.08 and the price to sales ratio is 1.76. APG Asset Management N.V. now owns 3,808,869 shares of the company's stock valued at $152,602,000 after purchasing an additional 263,300 shares during the period.
  • Qualcomm says Broadcom bid still to low, but is open to selling

    Qualcomm says Broadcom bid still to low, but is open to selling

    Finance

    Broadcom and Qualcomm's months-long dance around the issue of the tech world's largest potential acquisition in history seems far from over, even though the proposed buyer recently made its "best and final offer." Qualcomm again said Broadcom's promised breakup fee of $8 billion in the event regulators thwart the deal did not come close to compensating for risks related to the deal.
  • FedEx customer information exposed in server breach

    FedEx customer information exposed in server breach

    Finance

    THOUSANDS OF FedEx customers have had their private information exposed after one of the courier's legacy servers was left open without a password. "It's critical that enterprises understand the risks of the cloud - that availability and uptime also mean that their data can be easily accessed unless they have the right controls in place".
  • PNB fraud is UPA scam: BJP

    PNB fraud is UPA scam: BJP

    Finance

    Neither man has made any public statements in recent days, but the company that Choksi runs, Gitanjali gems, has said Choksi has no connection to numerous firms listed in the $43 million complaint. He added in a letter written to the banks on February 14th, the finance ministry has directed all PSU bank chief's to take active and precautionary steps to prevent such scams.
  • Marathon Oil (MRO) Trading Up 5.5% After Better-Than-Expected Earnings

    Finance

    The stock increased 0.19% or $0.13 during the last trading session, reaching $67.93. This nets out to an increase of 14.85 million shares and is a bullish sign for MRO. Marathon Petroleum Corporation's average EBITDA per Share Growth Rate was 38.9 percent during the past 12 months. Finally, Royal Bank of Canada reiterated a "buy" rating and set a $89.00 price objective on shares of Marathon Petroleum in a research note on Tuesday, January 30th.
  • Kraft Heinz (KHC) Misses on Q4 Earnings & Revenue Estimates

    Kraft Heinz (KHC) Misses on Q4 Earnings & Revenue Estimates

    Finance

    Comerica Securities Inc. boosted its position in shares of Kraft Heinz by 0.3% during the 2nd quarter. Reilly Financial Advisors LLC now owns 1,631 shares of the company's stock worth $140,000 after purchasing an additional 134 shares during the period.
  • Ex BBC Look North presenter Christa Ackroyd faces £420k tax bill

    Ex BBC Look North presenter Christa Ackroyd faces £420k tax bill

    Finance

    HMRC has won a court case against former BBC presenter Christa Ackroyd over her use of a personal service company of the kind used by professionals in sectors such as IT, teaching and journalism. A tax tribunal this week ruled in HMRC's favour, but said Ms Ackroyd should not be criticised because she was "encouraged by the BBC to contract through a personal service company".
  • SEC rejects sale of Chicago Stock Exchange

    SEC rejects sale of Chicago Stock Exchange

    Finance

    On the campaign trail, Donald Trump repeatedly cited the transaction as a sign of America's declining competitiveness. Last summer, 11 members of Congress sent a letter to the SEC urging a denial of the purchase - with particular concerns about a "severe lack of transparency in China", which they said would make it hard for the committee to "prevent undue influence or control over a national securities exchange".
  • Popular dog foods removed after testing positive for euthanasia drug

    Popular dog foods removed after testing positive for euthanasia drug

    Finance

    Two months later, Party Animal recalled two lots of its Cocolicious dog food in April 2017 after a Texas retailer said a customer brought samples of the food to a testing lab, which detected the drug. "Although the extremely low levels do not present a health or safety risk, their presence in our products is not acceptable to us", the company said.
  • Onboard brawl forces cruise ship to make unscheduled stop

    Onboard brawl forces cruise ship to make unscheduled stop

    Finance

    The Carnival Legend cruise was forced to make an impromptu stop at Eden Port on the country's south coast so police officers could remove the violent men. "This is all over a thong - not a foot - a thong being stepped on and being instantly apologized for", Zac told the outlet. "What happened there and then was apologised for", he said.