Economy

Stock Roundup: Valeant Pharmaceuticals International, Inc. (VRX)

Stock Roundup: Valeant Pharmaceuticals International, Inc. (VRX) Raymond James Financial Services Advisors Inc. now owns 41,414 shares of the specialty pharmaceutical company's stock worth $457,000 after buying an additional 15,719 shares in the last quarter. From the start of year 2017 to present date VRX reported surged performance of 5.85%. Valeant Pharmaceuticals International's revenue for the quarter was down 11.1% on a year-over-year basis. [Full Article...]

Mazda confirms world-first SKYACTIV-X tech

Mazda confirms world-first SKYACTIV-X tech To prevent those occurrences, the SkyActiv-X engine will revert to conventional spark ignition when needed. The news comes days after Mazda announced a tie-up with Toyota on electric vehicles as well as connected cars and safety technology. [Full Article...]

Couple Buys Mansion-Lined San Francisco Street for $90K

Couple Buys Mansion-Lined San Francisco Street for $90K Presidio Terrace was racially segregated and only whites could purchase property on the street until a U.S. Supreme Court ruling in 1948. Early in 2015, Cheng and Tam stumbled upon it while scanning a jumble of parcels that were being auctioned online by the city of San Francisco's tax office. [Full Article...]

Chemring Group plc 13.7% Potential Upside Indicated by Liberum Capital

Chemring Group plc 13.7% Potential Upside Indicated by Liberum Capital It now has negative earnings. The Company operates through four segments: Property Finance, Business Finance, Consumer Lending and Central. The Firm produces, develops and markets its principal product, iron ore pellets, for sale to the metallurgical industry. [Full Article...]

FSA confirms contaminated eggs imported to UK

FSA confirms contaminated eggs imported to UK The ministry said that at this point had no evidence contaminated eggs or meat were destined for consumption. Supermarkets including Aldi and Lidl in Germany have already pulled millions of eggs from the shelves because of concerns they may contain small traces of fipronil. [Full Article...]

United Kingdom house price growth easing, says the Halifax

United Kingdom house price growth easing, says the Halifax The average United Kingdom house price stood at £219,266. "Consequently, annual house price inflation on the Halifax measure slowed to 2.1% in the three months to July, which is the lowest rate since the three months to April 2013". This is the lowest level since 96,740 in October 2016. Mortgage approvals recorded by the Bank of England edged 0.7% lower between May and June, remaining within... [Full Article...]

China July soybean imports at 10.08 mln T, highest on record -customs

China July soybean imports at 10.08 mln T, highest on record -customs For July, the economists had expected a rise of $12 billion, added the report. They previously grew by 17.2% year-on-year in June. The International Monetary Fund expects this year's economic growth to slip to 6.6 per cent from last year's 6.7 per cent and to below 6.2 per cent in 2018. [Full Article...]

Marriott pursues Chinese travelers with Alibaba partnership

Marriott pursues Chinese travelers with Alibaba partnership While a statement talks of "redefining the travel experience" for China's outbound tourists this is much more about distribution. They also will be able to use the Alipay smartphone payment platform when they stay in Marriott properties overseas, the newspaper said. [Full Article...]

Sensex Ends 50 Points Low at 32273; Nifty Closes at 10057

Sensex Ends 50 Points Low at 32273; Nifty Closes at 10057 IT and pharma companies get a major chunk of their revenue in U.S. dollar. Index laggards included NTPC, Dr Reddy's, M&M, Tata Motors, Bharti Airtel, Lupin, Cipla, Hindustan Unilever, Asian Paints, Axis Bank, Hero MotoCorp, HDFC Ltd, Reliance Industries, ITC, ONGC and Sun Pharma, falling up to 1.64 per cent. [Full Article...]

IT Dept blocks over 1.14 million PAN cards, asks taxpayers to verify

IT Dept blocks over 1.14 million PAN cards, asks taxpayers to verify But all this news created a confusion among the PAN Card holders. The mobile number that you enter on this page needs to be the same one that you had for your PAN card. After filling the details, click on " Submit " option. The system will send an OTP to the registered mobile number and the page will ask for the same to validate . [Full Article...]

Victim's Remains Identified Some 16 Years Later

Victim's Remains Identified Some 16 Years Later It is the first new identification made since March 2015 . It's been two years since the last victim was identified. The man, whose name was not released upon the family's request, was identified through DNA retesting. After some time, the therapeutic analyst's office came to utilize a procedure that includes beating the sections to remove DNA, at that point contrasting it with the workplac... [Full Article...]

Dow ends at ninth straight record, S&P 500 also hits all-time high

Dow ends at ninth straight record, S&P 500 also hits all-time high Following the release of the better than expected employment data, stocks saw modest strength during trading on Friday. The Dow has hit a new all-time high for a ninth day in a row. The Dow is up 2,335.82 points, or 11.9 percent. The stronger than expected job growth added to optimism about the economy but also raised concerns about the outlook for interest rates. [Full Article...]

Report from Waterloo as major work begins

Report from Waterloo as major work begins An average of 270,000 journeys are made to and from Waterloo each day. One of the most significant and complex engineering projects at Waterloo Station in the last century has begun, as ten of the station's platforms will be shut for three-and-a-half weeks to make room for the work. [Full Article...]

Tyson Foods, Inc. (TSN) Stake Maintained by Shell Asset Management Co

Tyson Foods, Inc. (TSN) Stake Maintained by Shell Asset Management Co In beef, margins rose by 1.3 points to 3.7%, boosted by "stronger domestic demand for our beef products and increased exports", at a time of "improved availability of cattle supply". portfolio. Shareholders of record on Friday, September 1st will be issued a dividend of $0.225 per share. (NASDAQ:NTRI). Ubs Asset Mngmt Americas invested in 39 shares or 0% of the stock. [Full Article...]

NYC Mayor Proposes 'Millionaires Tax' to Fix Subway

NYC Mayor Proposes 'Millionaires Tax' to Fix Subway The tax would reportedly raise more than $700 million a year, with more than $500 million allocated toward capital costs for subways and buses. "The city should partner with us and match the state funding now so we can begin Chairman Lhota's overhaul plan immediately and move forward", Mr. [Full Article...]

Softbank chief executive confirms Japan firm's interest in Uber and Lyft investment

Softbank chief executive confirms Japan firm's interest in Uber and Lyft investment Son also has his eye on a potential merger with T-Mobile US or making an offer for Charter Communications, the second largest cable provider in the US. Its value is less certain now. For all that talk it doesn't appear that any kind of deal is on the table right now. Its backers expect technology investments that will match or beat the 44% internal rate of return that SoftBank says Son has deliv... [Full Article...]

US, Australia, Japan want coercive acts at sea to be stopped

McMaster, who told MSNBC news that the USA leader was reviewing plans for a "preventive war". Chinese Foreign Minister Wang Yi gestures upon arrival at the global airport of Pasay to attend the 50th ASEAN Foreign Ministers meeting, metro Manila, Philippines . [Full Article...]

S.African MPs await ruling on Zuma vote

They believe that in a secret ballot, MPs from the governing African National Congress (ANC) would be more likely to vote against the president. "It's what Sotho people call kgomo ya moshate [damned if you do, damned if you don't]", she said. [Full Article...]

Iran, Renault Ink New Deal

Iran, Renault Ink New Deal Both Renault and PSA reported last month strong first-half sales numbers from their formal return to the Iranian market. The factory will be based at Saveh, around 120 kilometres (75 miles) southwest of Tehran , and follows a preliminary deal signed in September by Industry Minister Mohammad Reza Nematzadeh during a visit to Paris. [Full Article...]

Mercedes 'disappointed', Audi offers discounts before hike in cess on luxury cars

Mercedes 'disappointed', Audi offers discounts before hike in cess on luxury cars Large cars with engine greater than 1,500 cc and SUVs with length more than 4 metres and engine greater than 1,500 cc will attract a cess of 15 per cent. The official also stated that the overall view of the council was to have the cess on luxury automobiles at a higher rate so that it can be increased if there is a requirement. [Full Article...]


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