Finance

Following this, a Look Out Circular (LoC), also known as a blue corner notice, was issued against Modi and Choksi to keep a tab on their entry at all land, air and sea ports in India. Simultaneously, the Central Bureau of Investigation (CBI) had sent a communication to Nirav Modi, asking him to return to India for the ongoing probe, but the latter spurned the agency by repling in the negative on the ground that he was tied up in his businesses overseas.
  • Powell Says Fed Still Believes Rates Can Go Up Gradually

    Powell Says Fed Still Believes Rates Can Go Up Gradually

    Finance

    Mr. Powell said the Fed sees the potential for positive and negative economic surprises as roughly balanced. After a strong start to the year in which investors speculated the European Central Bank would withdraw stimulus as the region's economy recovered well, the euro has stumbled.
  • Featured Stock: Schlumberger Limited (NYSE:SLB)

    Finance

    Vaughan Nelson Investment Management Lp who had been investing in Newell Brands Inc for a number of months, seems to be bullish on the $12.59B market cap company. The insider SANDVOLD TORE I sold 3,500 shares worth $219,205. The rating was maintained by Credit Suisse on Monday, January 22 with "Buy". Schlumberger's quarterly revenue was up 15.1% compared to the same quarter last year.
  • Fears of trade war push gold prices higher

    Fears of trade war push gold prices higher

    Finance

    US gold futures prospered 1% to $1,318.5 USA per ounce on Friday. The Trump administration said the tariffs would protect US industry, but the dollar and Wall Street shares slumped as the plan sparked fears of a trade war and worries about its potentially negative impact on the world's largest economy.
  • Analyst Research Roundup: Eldorado Gold Corporation (EGO), Forterra, Inc. (FRTA)

    Analyst Research Roundup: Eldorado Gold Corporation (EGO), Forterra, Inc. (FRTA)

    Finance

    Finally, Macquarie upgraded Kinross Gold from a "neutral" rating to an "outperform" rating and lowered their price target for the company from $4.40 to $4.37 in a report on Friday, November 10th. The Price vs. 52 Week High indicators basically gives the clue to identify price direction. Kinross Gold Corp (NYSE:KGC) has average revenue estimates of $829.4 Million, compared to low analyst estimates of $780.68 Million and high estimates of $878.48 Million for the current quarter.
  • Ryanair plans return to full operations in all Irish airports on Saturday

    Ryanair plans return to full operations in all Irish airports on Saturday

    Finance

    Earlier this week Ryanair announced it will be closing a number of routes operated from Glasgow Airport . "We recommend customers check the status of their flight at Ryanair .com before making their way to the airport". A red weather warning issued for Wales and the southwest of England led to Flybe cancelling its flights from Exeter and Cardiff while easyJet axed its ervices from Bristol.
  • Experts Analysis: Whiting Petroleum Corp (WLL)

    Finance

    Pieris Pharmaceuticals, Inc. analysts gave 2 buy-equivalent recommendations, 0 sells and 0 holds. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. It has underperformed by 37.57% the S&P500. Principal Financial Group Inc Incorporated holds 0% of its portfolio in Whiting Petroleum Corporation (NYSE: WLL ) for 46,658 shares.
  • Ford February Sales Drop Nearly 7%, Propped Up by F-Series Trucks

    Ford February Sales Drop Nearly 7%, Propped Up by F-Series Trucks

    Finance

    The company has the market capitalization of $1.82 Billion. A total of 22.85 Billion shares exchanged at hands and its average trading volume is standing at 13.29 Million shares. and 5.2 percent at Hyundai-Kia. The rating was maintained by Jefferies with "Hold" on Tuesday, May 23. The firm has "Sector Perform" rating by RBC Capital Markets given on Thursday, October 22.
  • The BidaskClub Lowers NXP Semiconductors (NXPI) to Sell

    Finance

    Vertex One Asset Management Inc who had been investing in Nxp Semiconductors N V for a number of months, seems to be less bullish one the $42.53 billion market cap company. Shelton Capital invested in 0.06% or 119,000 shares. CIBC Asset Management Inc now owns 31,582 shares of the semiconductor provider's stock worth $3,572,000 after acquiring an additional 472 shares in the last quarter.
  • Plants used to create Lego tree and leaf pieces

    Plants used to create Lego tree and leaf pieces

    Finance

    But the group has said it wants all its core products and packaging to be made using sustainable materials by 2030. This is a great first step in our ambitious commitment of making all Lego bricks using sustainable materials, ' said Tim Brooks, Lego's vice president for environmental responsibility, in a statement .
  • Microchip Technology To Acquire Microsemi In Over $10 Billion Deal

    Microchip Technology To Acquire Microsemi In Over $10 Billion Deal

    Finance

    FDx Advisors Inc.'s holdings in Microchip Technology were worth $2,631,000 as of its most recent SEC filing. Microchip Technology had 63 analyst reports since August 5, 2015 according to SRatingsIntel. For the current Fiscal Quarter, 15 analysts on average are expecting earnings of $0.67 per share. The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th.
  • Snap is developing two new versions of its Spectacles wearable

    Snap is developing two new versions of its Spectacles wearable

    Finance

    Nevertheless, Snap is said to be working on two new Spectacles products. Snap's first foray into the wearables market has been a flop so far, but Evan Spiegel and his team might not be giving up on Spectacles just yet. If that was not enough to prove to you the lofty ambitions of the company, this report also states that it is working on an expensive third-generation product too.
  • Agree Realty (ADC) Issues Quarterly Earnings Results

    Finance

    The business had revenue of $31.52 million during the quarter, compared to analysts' expectations of $31.46 million. For example, if the P/E ratio of a stock is 20 times earnings, an analyst compares that P/E ratio to other companies in the same industry and to the ratio for the broader market.
  • UberEATS rival DoorDash just raised a whopping $535 million

    UberEATS rival DoorDash just raised a whopping $535 million

    Finance

    Existing investors Sequoia Capital, GIC and Wellcome Trust joined SoftBank in the round, and the company will add SoftBank's Jeffrey Housenbold and GIC's Jeremy Kranz to its board of directors. Tony Xu, Co-founder and CEO, DoorDash . "On the flip side, I think it's also become obvious that there are a few winners emerging". In 2017, DoorDash more than doubled delivery volume and this year it plans triple its geographic footprint from 600 to 1,600 cities and hire more than 250 people ...
  • Wedbush Securities Inc. Sells 2480 Shares of Magellan Midstream Partners, LP (MMP)

    Finance

    The stock decreased 0.93% or $0.13 during the last trading session, reaching $13.86. About 705,477 shares traded. HDFC Bank Limited (NYSE:HDB) has risen 36.23% since March 2, 2017 and is uptrending. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. The stock of D.R. Horton, Inc. (NYSE:GPS) on Monday, August 10 to "Neutral" rating.
  • Ocado Group (OCDO) Stock Rating Reaffirmed by Shore Capital

    Finance

    This was disclosed in a research report on 1 March. Among 23 analysts covering IMI PLC ( LON:IMI ), 8 have Buy rating, 2 Sell and 13 Hold. Therefore 50% are positive. Investors sentiment decreased to 0.89 in Q3 2017. Its up 0.06, from 0.88 in 2017Q2. 99 funds opened positions while 465 raised stakes. State Board Of Administration Of Florida Retirement System invested in 0% or 67,169 shares.
  • Rate of gun injuries drops 20% during NRA conventions, study finds

    Rate of gun injuries drops 20% during NRA conventions, study finds

    Finance

    Thousands of firearm injuries occur in the United States each year, but the likelihood of such injuries appears to drop substantially when gun enthusiasts hold large national meetings, according to research led by Harvard Medical School. The answer may lie in the fact that NRA members carry, handle and use their guns more frequently than others. "There is a narrative out there that if you just know how to use a firearm safely you will never get injured", Jena said.