Markets

Florida students walk out of schools, press lawmakers for tougher gun laws

Despite their enthusiasm and determination, the students and their supporters aren't likely to get what they really want: a ban on AR-15s and similar semi-automatic rifles. "They'd go for special trai...

by · Markets

Fed Minutes: More Interest Rate Hikes Incoming

The Federal Open Market Committee signaled in its post-meeting statement that it expected "further gradual increases" in the benchmark lending rate after forecasting three hikes for 2018 in December...

by · Markets
Barclays numbs news of 2017 loss with dividend promise

Barclays numbs news of 2017 loss with dividend promise

Profit in the Barclays International division was down 22 per cent, driven by a 4 per cent fall in income from its investment bank and rising impairments, the bank said. Barclays declared its inten...

by · Markets
PF interest rate slashed to 8.55%

PF interest rate slashed to 8.55%

As per practice, the finance ministry ratifies the interest rates approved by CBT because the EPFO is an autonomous organisation and provides interest on EPF deposits from its own income. Trustees...

by · Markets
McDonald's bringing back Szechuan sauce again

McDonald's bringing back Szechuan sauce again

McDonald's finally announced on Thursday that it is bringing back the sauce , following months of petitions , bidding wars and protests outside fast food restaurants, Starting on Monday, 20 mill...

by · Markets
Bitcoin Exchange Accidentally Drops Prices to Zero

Bitcoin Exchange Accidentally Drops Prices to Zero

Last week, two cryptocurrency trade organizations in Japan met to discuss the formation of a self-regulating body for the market. When the clients realized what was happening, some made a decision...

by · Markets
CBI arrests PNB's GM-rank officer

CBI arrests PNB's GM-rank officer

Modi and Choksi are at the centre of the biggest ever bank fraud that has hit the country´s second largest lender Punjab National Bank . The other accused produced before the court were Rajesh Jind...

by · Markets
Gold futures rise slightly ahead of Fed minutes

Gold futures rise slightly ahead of Fed minutes

The MSCI Emerging Market Index declined 0.7 percent, the biggest decline in more than a week. Facebook was up 2.8 percent Wednesday, JPMorgan Chase rose 1.6 percent and Amazon rose 1.8 percent. Bi...

by · Markets
Existing-Home Sales Tumble in January

Existing-Home Sales Tumble in January

The housing market is slowing, and pressures will only build as the year goes on. Existing-home sales in January was the largest year-over-year drop in over three years, according to new data from...

by · Markets
13 digit mobile numbers coming to India soon : says reports

13 digit mobile numbers coming to India soon : says reports

The ministry further added that DoT has approved the 13 digit protocol for SIM based M2M machines, which will coexist with the 10 digit mobile numbering scheme, that is allocated for the Unified Licen...

by · Markets
DISH Network (DISH) Posts Earnings Results, Beats Expectations By $2.09 EPS

DISH Network (DISH) Posts Earnings Results, Beats Expectations By $2.09 EPS

The stock has "Hold" rating by HSBC on Wednesday, September 30. About 12,717 shares traded. FBR Capital maintained it with "Outperform" rating and $60.0 target in Monday, August 10 report . The stock...

by · Markets

Weaker pound boosts London stocks dollar remains firm

The Fed's more upbeat take on inflation, as seen in the minutes of the January 30-31 policy meeting released on Wednesday, will likely further cement expectations that new Fed chief Jerome Powell ...

by · Markets
Jeff Bezos builds giant solar power clock

Jeff Bezos builds giant solar power clock

According to Bezos' tweet, the clock will be powered by day and night thermal cycles and synchronized at solar noon. You can read Bezos's account of that and view photos of the progress here. The site...

by · Markets
Guess co-founder steps aside amid Kate Upton allegations

Guess co-founder steps aside amid Kate Upton allegations

The retailer announced in a press release Tuesday that cofounder Paul Marciano will be "relinquishing his day to day responsibilities pending the completion of the investigation". "After I pushed...

by · Markets
JPMorgan to build brand new headquarters in NY

JPMorgan to build brand new headquarters in NY

The bank plans to build a 2.5 million square foot headquarters at its existing office site of 270 Park Avenue, according to a statement. "With a new headquarters at 270 Park Avenue, we are recommitt...

by · Markets
Cabinet decision ends Coal India's monopoly, stock trades negative on exchanges

Cabinet decision ends Coal India's monopoly, stock trades negative on exchanges

On being asked whether this move would become a threat to Coal India , Piyush Goyal said that it would instead help it as competition would ensure efficiency and that commercial mining will not have ...

by · Markets
Uber rolls out transit-style Express Pool service in Denver

Uber rolls out transit-style Express Pool service in Denver

The company's Express Pool service, piloted previous year in San Francisco and Boston, is now available to customers in Los Angeles. The fares are up to 50 percent cheaper than UberPool and 75 perce...

by · Markets
BB&T Corporation (BBT), NXP Semiconductors NV (NXPI)

BB&T Corporation (BBT), NXP Semiconductors NV (NXPI)

NXP Semiconductors NV (NASDAQ: NXPI ) gross margin percentage stands at 49.9% while its operating margin for the past trailing twelve month is 22.3 percent and its overall profit margin (ttm) is 23.9...

by · Markets
AZ Gas Prices Drop 2¢ per Gallon Featured font size +

AZ Gas Prices Drop 2¢ per Gallon Featured font size +

Despite the growth over the past two weeks, inventory of both commodities are down by a significant margin compared to this time previous year. Gas prices are still 25 cents higher than they were at...

by · Markets
Here are the first cities to get AT&T's mobile 5G network

Here are the first cities to get AT&T's mobile 5G network

Gordon Mansfield, AT&T's vice president of radio access network and device design said that Dallas and Waco have very strong ties to the company so the company chose the cities. The new lab in Austi...

by · Markets
The Coca-Cola (KO) Given a $49.00 Price Target at Morgan Stanley

The Coca-Cola (KO) Given a $49.00 Price Target at Morgan Stanley

The stock decreased 0.75% or $0.24 during the last trading session, reaching $31.97. Coca-Cola earnings per share (EPS) climbed a cent higher than Wall Street had been expecting, to trade at 39 ce...

by · Markets
Steve Wynn not entitled to severance pay: Wynn Resorts

Steve Wynn not entitled to severance pay: Wynn Resorts

After the giving short look at one day return of Wynn Resorts, Limited it is observed that WYNN reported positive return of 0.16% in last trading session. First Personal Financial Services raised its ...

by · Markets

Asian stocks slip after European surge fades, dollar edges up

Asian markets rose Wednesday as traders brushed off a retreat on Wall Street with attention turning to the release later in the day of minutes from the Federal Reserve's most recent policy meeting. US...

by · Markets
Walmart miss Estimates after Online Sales slip

Walmart miss Estimates after Online Sales slip

It's been more than a year since Walmart acquired Jet.com, which gave the company an initial e-commerce boost. The company's mixed results raise concerns its push to narrow the gap between itself ...

by · Markets
Fonterra deal

Fonterra deal "does not change A2/Synlait baby-milk JV"

Milk produced by a2MC now accounts for 10% of grocery fluid milk sales in Australia, according to the company. "An especially pleasing aspect of our performance was the continuing strong growth in m...

by · Markets