Markets

Tesla hit with $2bn truck lawsuit

Tesla hit with $2bn truck lawsuit

Tesla Inc . was hit with a $2 billion infringement lawsuit from the startup alternative fuel vehicle manufacturer Nikola Corp ., which alleged in Arizona federal court Tuesday that Tesla stole its de...

by · Markets
Amazon offers to buy 60 per cent stake in India's Flipkart

Amazon offers to buy 60 per cent stake in India's Flipkart

New Delhi :As Flipkart moves closer to ink a deal with Walmart, the Bengaluru-based ecommerce company has kept aside Dollars 400 million (about Rs 2,600 crore) to acquire stocks from small investors a...

by · Markets
Amcu slams Cosatu for giving Ramaphosa the stage on Workers' Day

Amcu slams Cosatu for giving Ramaphosa the stage on Workers' Day

The union federation said its main rally will be held in Bloemfontein at the Vista Arena, University of the Free State. "We can't have a government who's going to intervene and say these ones have t...

by · Markets
United Airlines Sets New Pet Transport Policy

United Airlines Sets New Pet Transport Policy

If your dog is a pug or a mastiff, you won't be able to travel with your best friend on United Airlines much longer. Through the rest of the year it will continue to "make enhancements as needed to fu...

by · Markets
Xerox chief to resign over Fujifilm Holdings takeover

Xerox chief to resign over Fujifilm Holdings takeover

Now the planned takeover has been thrown into even more doubt, as Xerox CEO Jeff Jacobson and six board members are stepping down. The resignations are part of an agreement with investors Mr Icahn...

by · Markets
What's in YUM! Brands, Inc. (YUM) After Making 52-Week High?

What's in YUM! Brands, Inc. (YUM) After Making 52-Week High?

The stock was bought at an average price of $39.76 per share, with a total value of $159,040.00. It has underperformed by 60.15% the S&P500. Peapack Gladstone Financial Corp decreased its stake in...

by · Markets
Inflation puts pressure on Fed to raise rates

Inflation puts pressure on Fed to raise rates

Gold slid to a four-month low as the dollar strengthened. Miners, automakers, and technology shares led the Stoxx Europe 600 Index toward its best gain this week. Futures on the S&P 500 Index gained...

by · Markets
Waffle House shooting victim died singing gospel songs

Waffle House shooting victim died singing gospel songs

Shaw wrestled an AR-15 away from a man who had killed four people in a Waffle House. "And (they) spoke of your daughter and her friend, and said they were singing gospel songs". There is now more ...

by · Markets

Peel Hunt Reiterates Buy Rating for Ocado (OCDO)

Lakeview Ptnrs Ltd Liability accumulated 0.16% or 16,500 shares. Guardian Life Com Of America invested in 0.02% or 1,207 shs. 459,889 shares of the company traded hands, compared to its average volume...

by · Markets
Vermont joins suit against EPA over emissions

Vermont joins suit against EPA over emissions

The Obama-era guidance raised average fuel economy standards to 54.5 miles per gallon and tightened tailpipe emissions standards by 2025. Today 17 states and Washington, D.C., representing over 40 p...

by · Markets
$-0.05 EPS Expected for Under Armour, Inc. (UAA) as of May, 1

$-0.05 EPS Expected for Under Armour, Inc. (UAA) as of May, 1

A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. ATR measures volatility, taking into account any gaps in t...

by · Markets
Guitar maker Gibson files for Chapter 11 bankruptcy

Guitar maker Gibson files for Chapter 11 bankruptcy

Its lenders woll advance the company $135 million according to Bloomberg . Various factors may be affecting the shrinking electric guitar market. The company that's made guitars for many music le...

by · Markets
Scotland ends cheap booze by setting minimum pricing

Scotland ends cheap booze by setting minimum pricing

Professor Sir Ian Gilmore, chair of the Alcohol Health Alliance UK (AHA), said: "Cheap alcohol is wrecking lives and livelihoods in England as well as Scotland". But the chief executive of the Briti...

by · Markets
Snap shares in free-fall as users snub redesign

Snap shares in free-fall as users snub redesign

Snap , the parent company of Snapchat , said Tuesday that it added just four million users during the first three months of 2018 amid a backlash to a significant app redesign. It looks like Kylie ...

by · Markets
After engine failure over Berks, flight crew to meet Trump

After engine failure over Berks, flight crew to meet Trump

The president offered his prayers and condolences to Riordan's husband and children, saying that from what he has heard, "she must've been a fantastic woman". Passenger Jennifer Riordan was almost suc...

by · Markets
Swedish Academy misconduct crisis deepens as member leaves

Swedish Academy misconduct crisis deepens as member leaves

Arnault is married to Academy member Katarina Frostenson and, according to the Guardian , it angered a number of academy members when Frostenson was not expelled after a report from a commissioned ...

by · Markets

Stocks Entering Oversold Region: AK Steel Holding Corporation (NYSE:AKS)

Analysts' recommendations are the fountainhead of equity research reports and should be used in tangent with proprietary research and investment methodologies in order to make investment decisions. Mo...

by · Markets
Asda remains

Asda remains "committed to Leeds" after proposed merger

The latest grocery market share figures out today from Kantar Worldpanel report strong showings from Tesco and Morrisons while Sainsbury's growth lags behind. Sainsbury shares rose 1.6 per cent ...

by · Markets
Oil giant BP posts best quarterly result in three years

Oil giant BP posts best quarterly result in three years

BP plc (LON:BP) (BP.L) has released first quarter results today which show a rise in underlying replacement cost profit of 71%. Underlying profits were also up, with BP posting an underlying recurr...

by · Markets

Gold, Copper and Crude Oil Briefing

A potential withdrawal in May by US President Donald Trump from a 2015 nuclear deal between world powers and Iran would reimpose sanctions on the producer and curb its exports. Brent prices have gaine...

by · Markets
US Inflation Hits Federal Reserve's 2% Target in March

US Inflation Hits Federal Reserve's 2% Target in March

The overall PCE price index did hit a 2% annual rise. Annual inflation readings in March of past year were held down by large declines in the price of cell phone service plans. The index rose 2.4% i...

by · Markets
Baker Mayfield keeps the walk-on dream alive for people

Baker Mayfield keeps the walk-on dream alive for people

Now looking ahead, how many selections does the team have in 2019? More than ever, in light of Manziel's flameout, a quarterback's character issues register as strongly with a team's front office as h...

by · Markets
Amazon to create 3000 new jobs with new Canada Post building headquarters

Amazon to create 3000 new jobs with new Canada Post building headquarters

Prime Minister Justin Trudeau is surrounded by Amazon employees as he announces Amazon will be creating 3,000 jobs during a press conference on April 30, 2018 in Vancouver . He noted that Amazon ha...

by · Markets
USA inflation in March hits Fed goal

USA inflation in March hits Fed goal

The result is an encouraging sign that economic growth, which slowed in the first quarter, will accelerate in the current quarter. Personal income rose 0.3 per cent in March after increasing by the sa...

by · Markets
Gas prices set four-year record in April

Gas prices set four-year record in April

Wisconsin- $2.66/g, up 4.4 cents per gallon from last week's $2.62/g. That's a 30-cent increase from this time a year ago. A gallon of regular in the Philadelphia-area now averages $3.02. Gas prices a...

by · Markets