Economy

Twitter Shares Tank After Report Of Flat User Growth

Twitter Shares Tank After Report Of Flat User Growth The company said monthly users had stayed at 328m following a promising 6pc rise in the first quarter . Monthly active users came in at 328 million, below the 329 million expected. Twitter's stock fell more than 9 per cent to United States dollars 17.75 in pre-market trading today after the numbers came out. The company has been up and running since early 2006; if Twitter has yet to find... [Full Article...]

Yes Bank net jumps 32%; board okays 1:5 stock split

Yes Bank net jumps 32%; board okays 1:5 stock split Axis Bank is the third largest investor in India. Now they will be able to integrate FreeCharge with UPI too. Stating that it is hard to put a price tag for such buys, Axis Bank managing director and chief executive Shikha Sharma said, "What we are excited about is its tech platform, its capabilities, customer base and the brand". [Full Article...]

Here's how much it cost the government to make Rs 2000 notes

Here's how much it cost the government to make Rs 2000 notes The RBI will also add more security layers to new currency note, to keep a check on counterfeiting. Last week, another report, had reported that eight months after demonetisation and the introduction of new currency notes, bankers felt there was now a drop in the circulation of Rs 2,000 notes. [Full Article...]

Sensex and Nifty end on a flat note, HDFC biggest gainer

Sensex and Nifty end on a flat note, HDFC biggest gainer The S&P BSE Mid-Cap Index ended four days of advances led by IDBI Bank Ltd., which had its steepest decline in two months. The Sensex which closed at 32,382 level yesterday, rose to its all-time high of 32641 in early trade. The broader nifty registered new milestone by trading above 10,100-level. "Expectations of a better earnings season with improving economic indicators have increased i... [Full Article...]

Samsung earnings to overtake Apple on chips, Galaxy s8

Samsung earnings to overtake Apple on chips, Galaxy s8 However, competition is expected to intensify with new smartphone models to be released by competitors. Consumers also expect their handsets to be packed with higher memory storage, which increases memory demand. Apple is widely tipped to adopt Samsung's organic light-emitting diode (OLED) display for the next iPhone expected in the second half of the year. Less than a year ago, the company's fire... [Full Article...]

Amazon Prime Now now available on Singapore app stores

Amazon Prime Now now available on Singapore app stores It offers free two-hour delivery on grocery items, local favourites, and branded goods with orders of S$40 or more. Amazon Prime Now, for instance, allows customers to place orders for same-day or next-day deliveries. It also moved its warehouse operations to the SingPost Regional eCommerce Logistics Hub in Tampines in May in a bid to streamline its e-commerce and logistics efforts and hasten turn... [Full Article...]

The Chipotle Mexican Grill, Inc. (CMG) Stock Rating Reaffirmed by Instinet

The Chipotle Mexican Grill, Inc. (CMG) Stock Rating Reaffirmed by Instinet Oppenheimer Holdings, restated a "market perform" recommendation on stocks of Chipotle Mexican Grill in a study note published on Wed, Jul 12th. ( NYSE:CMG ) opened at 348.62 on Wednesday. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions. About 331 shares traded. Chipotle Mexican Grill, Inc . [Full Article...]

FCA reveals how it plans to extend Senior Managers Regime to advisers

FCA reveals how it plans to extend Senior Managers Regime to advisers In a consultation paper published this morning, the FCA set out how it plans to apply the regime to all financial firms . The UK's Financial Conduct Authority (FCA) has outlined its proposals for extending the Senior Managers and Certification Regime to nearly all regulated financial services firms. [Full Article...]

Lower tax rate fuels Ford beat, seen boosting 2017 net profit

Lower tax rate fuels Ford beat, seen boosting 2017 net profit The company, like rival General Motors (GM), is still grappling with how to deal with falling consumer demand in the USA auto market. That compares to the previous outlook of $9 billion in adjusted full-year pretax profit, or $1.58 a share. [Full Article...]

Dollar stabilizes near its lowest in over a year as Fed meets

Dollar stabilizes near its lowest in over a year as Fed meets The Fed is expected to make no change to policy on Wednesday with investors and economists parsing the statement for clues on how officials plan to proceed in reducing their massive portfolio. Seoul slipped 0.5 percent and Taipei was flat. The dollar regained some ground against major currencies in the previous session after U.S. Treasury yields jumped the most in nearly five months in response ... [Full Article...]

Strong Draw In Crude Inventories Boosts Oil Prices

Strong Draw In Crude Inventories Boosts Oil Prices The combination of these factors pushed Brent crude back up above US$50 for the first time in two months, with WTI trading above US$48 a barrel. He went on to add that if Venezuelan production is lost (it is a possibility thanks to potential sanctions or pure anarchy post-elections) these numbers might be raised by $1 bbl or $2 bbl. [Full Article...]

Its Elon Musk vs Mark Zuckerberg with AI in focus

Its Elon Musk vs Mark Zuckerberg with AI in focus On Sunday, Zuckerberg was streaming video live on Facebook while grilling brisket at home and answering viewers' questions when someone asked him to weigh in on Musk's comments. Zuckerberg went on to say that five or 10 years from now, the quality of human life will be better because of many AI improvements. Dig back at Musk, was it Mark? Musk told a gathering of USA governors this month tha... [Full Article...]

Inflation subdued in the June quarter

Inflation subdued in the June quarter Mr Lowe's comments came as the Australian Bureau of Statistics released its consumer price index (CPI) data for the June quarter, which came in under market expectations. "We see further scope for the AUD/USD to correct lower - out short-term regression model implies a further 2% correction lower would be justified". [Full Article...]

Oil tankers owners agree to call off strike after talks with government

Oil tankers owners agree to call off strike after talks with government Sources said that the ill-fated tanker did not even meet safety and transportation standards of the company itself, let alone Ogra's 2009 technical standards for road transport vehicles. The tanker owners were protesting police corruption and a government move to improve safety following a fuel tanker disaster last month, when a tanker explosion killed more than 200 people in one of the worst acci... [Full Article...]

Coca-Cola lifts full year guidance after second quarter earnings beat market forecasts

Coca-Cola lifts full year guidance after second quarter earnings beat market forecasts Finally, Sanford C. Bernstein reiterated a "buy" rating and set a $48.00 price target on shares of Coca-Cola Company (The) in a research report on Monday, April 10th. The company also announced a dividend that was paid on Monday the 5th of June 2017. Investors of record on Friday, September 15th will be issued a $0.37 dividend. [Full Article...]

Government unveils new build leasehold ban

Government unveils new build leasehold ban The first thing the government will likely do is to ban the acquisition of leasehold newbuilds under the Help to Buy scheme. According to figures from the Department for Communities and Local Government (DCLG), 21% of private housing in England is owned by leaseholders and 30% of those properties are houses. [Full Article...]

What Are Analysts Report About Physicians Realty Trust (DOC)

What Are Analysts Report About Physicians Realty Trust (DOC) Stocks of Acadia Realty Trust (NYSE: AKR ) transacted up 0.35% through out intraday market trading on early Monday, topping $28.51. In contrast to the year ago quarter EPS was at 0.49. The stock has a market capitalization of $2.42 billion, a P/E ratio of 39.05 and a beta of 0.58. 01/07/2016 - Piedmont Office Realty Trust, Inc. was downgraded to "neutral" by analysts at Robert W. [Full Article...]

ITV ads slide as Studios sees boost

ITV ads slide as Studios sees boost We have a very strong pipeline of new and returning drama and formats and we are building momentum in our USA scripted business. The one bright spot for ITV was the performance of ITV Studios, where revenue rose 7% to £697m thanks to new dramas including Unforgotten , Little Boy Blue and The Loch. [Full Article...]

Forever Love: Drake Gets a Tattoo of Lil Wayne on his Tricep

Forever Love: Drake Gets a Tattoo of Lil Wayne on his Tricep But this recent tattoo just adds to the long line of weird Drake tatts. Drake's got several mugs on his bod already - including one of his mom and dad, Aaliyah and 2 of Sade - so Weezy makes sense. If Drake wanted to thank Lil Wayne for his support, a dope edible arrangement probably would've been enough. In fact, Drizzy pretty much owes his entire come-up to Wayne, who signed the To... [Full Article...]

Big Sri Lankan challenge in India series

Big Sri Lankan challenge in India series Sehwag, in 2008 managed to take India to victory nearly single-handedly after playing a masterful innings against a strong Sri Lankan bowling setup. The batting has worked like a well-oiled machine and their record has been so impressive that even the absence of KL Rahul is not much of a worry to the team management. [Full Article...]


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