Economy

Wall St slides as Apple weighs

Wall St slides as Apple weighs This lead to stocks on Wall Street falling by around one per cent. On Monday, nine of the 11 major S&P sectors were lower, with the telecommunications index's 1.6 percent fall leading the decliners. Wall Street wags cited a number of culprits conspiring to spoil the bull market party. "Investors are getting a bit anxious about inflation, which has led some people to believe that the Fed migh... [Full Article...]

False Hawaii Missile Alarm Sent by Human Error

False Hawaii Missile Alarm Sent by Human Error The report states the incident began when a night-shift supervisor at the Hawaii Emergency Management Agency (HI-EMA) made a decision to test incoming day-shift workers with a spontaneous drill. Hawaii emergency management officials knew for years that an employee had problems performing his job. There was no need for this worker to double-check with a colleague or get a supervisor's approva... [Full Article...]

Amazon, Berkshire Hathaway and JP Morgan to set up healthcare firm

Amazon, Berkshire Hathaway and JP Morgan to set up healthcare firm And health care share prices sank on news of the new health care effort. They did not offer details , which was criticized by one analyst. Since taking office in early 2017, US President Donald Trump has been attempting to dismantle Obamacare, his predecessor's landmark health reform, through a series of acts such as repealing the individual mandate under which all US citizens were required t... [Full Article...]

Shah Rukh's Alibaug bungalow provisionally attached by IT under Benami Act

Shah Rukh's Alibaug bungalow provisionally attached by IT under Benami Act Confirming the development, a senior I-T officer said under Section 24 of the Act, if the investigating officer believed that the person was benamidar, he (the officer) could issue the attachment notice to that person or the property's beneficial owner (if his or her identity was known). [Full Article...]

Eurozone Jobless Rate Steady At 8.7%

Eurozone Jobless Rate Steady At 8.7% The economy of the 19-nation bloc grew by 2.5% previous year, according to Eurostat , the strongest growth since the 3% rate seen in 2007. That is evident in the fact that the core inflation rate, which strips out potentially volatile items like food and energy, remains stubbornly below the headline rate, though it did increase modestly in January to 1 percent from 0.9 percent. [Full Article...]

South Korea doesn't intend to shut down virtual coin trading

South Korea doesn't intend to shut down virtual coin trading X The cryptocurrency plunged by 10.6% to $9,975.56, according to CoinDesk. This may have been an indirect reason why the company re-introduced Korean exchanges. The local cryptocurrency services in South Korea also added that all the executed trades for Tuesday had gone smoothly with no apparent hitch or halt in transactions. [Full Article...]

Arun Jaitley to break tradition, to deliver budget in Hindi

Arun Jaitley to break tradition, to deliver budget in Hindi In India, government spending on healthcare stays put at around one per cent of the GDP i.e.it invests only Dollars 31 Billion and private people spend about USD 67 billion. While UPI, India Stack, eKYC, and Aadhar have proven to be great tech advancements in the push towards Digital India, concerns related to data security and privacy have not been met. [Full Article...]

Fujifilm to takeover Xerox in $6bn deal

Fujifilm to takeover Xerox in $6bn deal Under the deal , Xerox shareholders will receive a one-time, $2.5 billion cash dividend equating to $9.80 a share. The two companies said that Fuji Xerox will buy back that stake from Fujifilm for around $6.1bn, using bank debt. Fujifilm, which generates nearly 60 percent of sales from overseas, is pushing to offset waning demand at its printer and copier hardware business by shifting focus to ... [Full Article...]

Emily Blunt to Star With Dwayne Johnson in Disney's 'Jungle Cruise'

Emily Blunt to Star With Dwayne Johnson in Disney's 'Jungle Cruise' Disney is reportedly head over heels in love with the footage they have seen of Blunt in the upcoming Mary Poppins . The film is in the hands of The Shallows and The Commuter director Jaume Collet-Serra; J.D. Mismatched male and female leads? That film is set for release this Christmas. Seven Bucks' Hiram Garcia will also produce, along with Beau Flynn, John Davis and John Fox. [Full Article...]

IShares Edge MSCI USA Size Factor (SIZE) Rises 0.67% for Jan 28

Equity market investing has a way of provoking strong emotions. Core US Value ETF Ishares (IUSV) now has a 14-day Commodity Channel Index (CCI) of 20.24. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direc... [Full Article...]

Harley Forecasts Fewer Motorcycle Shipments

Harley Forecasts Fewer Motorcycle Shipments NYSE: HOG ) shares were trading higher by 0.25 percent ($0.14) at $55.29 a piece in Monday's session. Shares of Harley-Davidson (NYSE:HOG) traded up $0.45 during trading on Tuesday, hitting $55.15. Harley has been hesitant to put a timeline on when it would introduce a production electric motorcycle. Hanesbrands Inc. (NYSE:HBI) closed at $22.59 a share in the latest session and the stock value... [Full Article...]

Suspect in quadruple killing at car wash dies

Suspect in quadruple killing at car wash dies Porterfield's widow, Jenna Porterfield, 24, told the Pittsburgh Post-Gazette that she and her husband of two months had been trying to fix problems in their marriage. Smith was on life support Sunday and not expected to survive after suffering a gunshot wound to his head. "However, that determination has not been made at this time". [Full Article...]

Investor Catching Stocks: QUALCOMM Incorporated (QCOM), Akamai Technologies, Inc. (AKAM)

It has underperformed by 7.39% the S&P500. Greg Poole increased its stake in Colgate Palmolive Co (CL) by 178.7% based on its latest 2017Q3 regulatory filing with the SEC. The company has an average rating of "Hold" and a consensus price target of $67.37. Since August 20, 2017, it had 0 insider buys, and 5 insider sales for $3.11 million activity. [Full Article...]

Stocks fall sharply as sell-off continues

Stocks fall sharply as sell-off continues The S&P 500 pulled back 0.8 percent, with health care and energy as the worst-performing sectors. The S&P 500 fell 31 points to 2,822. The Nasdaq Composite Index was down 20 points, or 0.3%, to 7,485. "I think despite this selloff, all indications point to a firming economy and I do expect to see some bargain hunters step in soon", Pavlik said. Harley-Davidson's stock fell sharply (-8.05 p... [Full Article...]

United Airlines Refuses To Let Emotional Support Peacock On Flight

United Airlines Refuses To Let Emotional Support Peacock On Flight United Airlines denied a woman's attempt to bring a peacock onto a flight. While Ventiko claimed she had a ticket for her emotional support peacock to accompany her on the flight, Dexter's travel plans went array as United Airlines reportedly denied the request. [Full Article...]

Harley-Davidson to close Kansas City assembly plant

Harley-Davidson to close Kansas City assembly plant US sales fell 11.1 percent in the fourth quarter of 2017 compared to the same quarter of 2016. They should also be easier to use for new bikers, since electric motors don't require a transmission, so riders won't have have to learn how to shift gears. [Full Article...]

Codexis Inc (NASDAQ:CDXS) Institutional Investor Positioning Change

Its share price has decline -22.10% in three months and is down -8.37% for the last five trades. It has underperformed by 23.16% the S&P500. This represents a $1.00 annualized dividend and a dividend yield of 0.48%. Other large investors have also recently added to or reduced their stakes in the company. Since August 7, 2017, it had 0 buys, and 8 selling transactions for $13.74 million activity. [Full Article...]

Analyst Research and Ratings: Activision Blizzard, Inc. (ATVI), Amkor Technology, Inc. (AMKR)

Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. Hamel Associates Inc who had been investing in United Technologies Corp for a number of months, seems to be less bullish one the $110.19 billion market cap company. [Full Article...]

Blackstone to Buy TR's Financial Unit

Blackstone to Buy TR's Financial Unit If the current conditions are agreed upon by both sides, Blackstone would assume a majority stake in the division, while Reuters would retain the unsold portion, as well as full ownership of its Legal, Tax & Accounting and Reuters News businesses. [Full Article...]

Quiksilver CEO missing after his empty boat washes up on French beach

Quiksilver CEO missing after his empty boat washes up on French beach Boat found washed up near Biarritz. Three helicopters and two boats were continuing their search for Agnes after dark but searches on land were suspended. He is well known for being extremely down-to-earth, and shuns publicity for a simple outdoor life. Mr Agn├Ęs travels widely on business but spends as much time as possible in south-western France, where he first surfed. [Full Article...]


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