Economy

Astrazeneca PLC (NYSE:AZN) Traded Well Below Its 50 Day Average

Astrazeneca PLC (NYSE:AZN) Traded Well Below Its 50 Day Average A number of institutional investors have recently bought and sold shares of the company. Astrazeneca Plc now has $74.36 billion valuation. Teachers Advisors LLC boosted its stake in Astrazeneca PLC by 4.0% in the fourth quarter. The business also recently disclosed a dividend, which will be paid on Friday, September 1st. As per Thursday, October 15, the company rating was maintained by JP Morgan. [Full Article...]

EUROPE MARKETS: European Stocks Slide After US And North Korea Cross Swords

EUROPE MARKETS: European Stocks Slide After US And North Korea Cross Swords The latest sell-off was the most severe yet, amounting to the biggest single-day drop for the stock market since May 17. Worries about increased U.S. The hermit state responded to Trump's rhetoric by suggesting it could strike Guam . Yields on British and European bonds , which move inversely to the price, were lower on Wednesday morning. [Full Article...]

Political tensions continue to weigh on world stocks

Political tensions continue to weigh on world stocks The dollar was down 1.2 percent at 0.9627 Swiss francs, while an ounce of gold was 1 percent higher at $1,275. Most Asian currencies stumbled, with the Korean won on pace for its biggest fall in almost eight weeks. In the eurozone, the Paris CAC 40 lost 0.3 percent compared with the closing level on Wednesday. The euro was down 0.3 percent at just over $1.17 and nearing a two-week low, while... [Full Article...]

Australians to get vote on legalizing same-sex marriage, PM says

It will also face a legal challenge over whether it is constitutional. It is sadly true that the campaign will lead to nasty things being said about gay Australians. If you want to have an impact on the same-sex marriage decision, please make sure you are on the roll and that your details are up to date. "We understand there won't be any [government] funding, for no one". [Full Article...]

Bank of England says will not change animal-fat banknotes

Bank of England says will not change animal-fat banknotes Concerns had also been raised about the environmental impact of using palm oil, which researchers have said is a cause of deforestation, pesticide pollution and emissions. The new polymer note uses beef tallow made from suet, which is hard fat found around the animal's kidneys, stomach and other organs. It said it had chosen the polymer notes for their durability and for their ability to incorpo... [Full Article...]

Walt Disney breaks few ties to set-up its own streaming service

Walt Disney breaks few ties to set-up its own streaming service But, segment operating income declined 10%, mostly because of a 23% decline in operating income at cable networks like ESPN and the Disney Channel . He left the door open to continuing to license them to a partner like Netflix , but not necessarily Netflix , or for the company to start streaming services specifically for those properties. [Full Article...]

TSX slides as investors flee riskier assets; gold gains

TSX slides as investors flee riskier assets; gold gains In another statement citing a different military spokesman, North Korea also accused the United States of devising a "preventive war" and said any plans to execute this would be met with an "all-out war wiping out all the strongholds of enemies, including the USA mainland". [Full Article...]

Texas store owner, son take on armed robbers

Texas store owner, son take on armed robbers They eventually push both of them out of the store without a shot being fired. Would-be thieves in Texas picked the wrong store to make a robbery attempt, as the armed pair encountered a business owner and son who were ready to fight back, officials said . [Full Article...]

Eldorado Gold Corporation (NYSE:EGO) Valuation Takes Center Stage

Barrick Gold Corp (USA) (NYSE: ABX ) has declined 8.26% since August 10, 2016 and is downtrending. More interesting news about Barrick Gold Corp (USA) (NYSE:ABX) were released by: Fool.ca and their article: "Better Buy: Barrick Gold Corp. [Full Article...]

Amber 'cares deeply' for Elon Musk

Amber 'cares deeply' for Elon Musk Since the Autopilot relies heavily on video feed from its multitude of cameras (as opposed to other systems which use a LIDAR ), the most stressed out components of the NVIDIA Drive PX2 supercomputer is its GPU. (A short sale is a bearish bet where a trader expects the shares of the company to fall.) In fact, Tesla's short position stands about $2.4 billion more than AT&T Inc., the second most ... [Full Article...]

Blue Apron Holdings Inc (APRN) Stock Price Increases Today

Blue Apron Holdings Inc (APRN) Stock Price Increases Today Blue Apron went public on the New York Stock Exchange in late June, but its shares have since languished, falling almost 40 percent amid concerns over e-commerce giant Amazon .com Inc's recent moves in the grocery and meal-kit segments. It now has negative earnings. But adjusted EBITDA of $23.9 million, or $0.47 a share, beat expectations for a loss of $24.3 million. The company reported ($0.47) ... [Full Article...]

LEGO appoints Niels Christiansen as CEO

LEGO appoints Niels Christiansen as CEO Padda, 61, a Lego executive for 14 years, was appointed in December and was always meant to be a temporary boss pending a longer-term replacement, Lego said. "Niels managed to transform a traditional industrial company into a technology leader", Mr Knudstorp said, adding that his experience in digitalisation and localisation will help improve products and efficiency at Lego. [Full Article...]

Fired author of controversial Google memo breaks his silence

Fired author of controversial Google memo breaks his silence At Google , 56 percent of the 441 employees surveyed opposed their company's decision to fire Damore. "So it really feels like they betrayed me in some way". Host Emily Chang referenced YouTube CEO Susan Wojcicki's blog post , in which she suggested that the memo would not have generated praise if it was about black or or Hispanic employees. [Full Article...]

Wall St falls on ramp-up of United States tension with N. Korea

The index has fallen to its lowest intraday level in well over a month. Consumer-focused companies and banks were among the biggest decliners. They outweighed gains in health care stocks and elsewhere. A majority of the major sectors have moved lower on the day, although most are showing relatively modest moves to the downside. The Dow is up 2,286.10 points, or 11.6 percent. [Full Article...]

TSX falls as North Korea tensions spur flight to safety

TSX falls as North Korea tensions spur flight to safety The broad-based S&P 500 dipped to 2,474.92, and the tech-rich Nasdaq Composite Index dropped to 6,370.46. "Risk assets remain out of favour, as the threat of a conflict with North Korea pushes traders towards havens", said Joshua Mahony, market analyst at IG. [Full Article...]

Sensex falls 216 points as markets reel under Sebi order, global cues

Sensex falls 216 points as markets reel under Sebi order, global cues There were 403 advances, 1,205 declines and 335 unchanged stocks, indicating a negative breath in the market. A Reuters report said, investors fretted about the latest flare-up of tensions between the United States and North Korea , sending Seoul shares skidding to two-month lows even as the previous day's rush into safe-haven assets appeared to slow. [Full Article...]

Toshiba Shares Jump on Auditor Sign-Off

Toshiba Shares Jump on Auditor Sign-Off A major sticking point has been an inquiry from PwC over whether Toshiba should have recognized multi-billion dollar losses at US nuclear arm Westinghouse earlier than last December, sources familiar with the matter have said. The approval had not come on schedule because of concerns about Toshiba's money-losing nuclear business in the U.S. Reporting negative net worth - liabilities exceedin... [Full Article...]

Coca-Cola Company (The) (NYSE:KO) Shares Bought by Good Life Advisors LLC

Coca-Cola Company (The) (NYSE:KO) Shares Bought by Good Life Advisors LLC Also, severe macroeconomic challenges in certain worldwide markets and the stronger US dollar have impacted results for the cola giant, which generates about half of its sales overseas. Following the completion of the transaction, the insider now owns 26,567 shares of the company's stock, valued at approximately $1,222,347.67. The transaction related to this sale was declared in a document with th... [Full Article...]

SoftBank Vision Fund invests $2.5 billion in Flipkart

SoftBank Vision Fund invests $2.5 billion in Flipkart In April this year, Flipkart had raised $1.4 billion from Microsoft , eBay and Tencent at a valuation of $11.6 billion. Son has earlier invested in Paytm . The fund is now headed by Softbank Group founder and CEO Masayoshi Son and India born Rajeev Misra, designated as CEO of SVF. The Vision Fund enables long-term , large-scale investments to fund growth in the technology sector, inve... [Full Article...]

Paddy Power Betfair shares hit as boss stands down

Paddy Power Betfair shares hit as boss stands down Worldpay Group is now negotiating its own possible sale to USA peer Vantiv. Paddy Power Plc (LON:PAP)'s stock had its "hold" rating reissued by Numis Securities Ltd in a research report issued on Tuesday, StockTargetPrices.com reports. Breon Corcoran, former Chief Executive, commented: "We continue to make substantial investments to position Paddy Power Betfair as a structural victor in a dy... [Full Article...]


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