Economy

RBI Slaps 59 Crores Penalty On ICICI Bank For Non-Compliance To Guidelines

RBI Slaps 59 Crores Penalty On ICICI Bank For Non-Compliance To Guidelines Often, analysts are responsible for creating reports on companies that are now or could potentially be a client of their employer. The stock increased 0.40% or $0.035 during the last trading session, reaching $8.735. Letko Brosseau & Associates Inc. increased its holdings in ICICI Bank by 12.5% in the fourth quarter. If RVOL is less than 1 it is not In Play on this trading day and Investors may de... [Full Article...]

FAA Audio: Perplexed Pilots Report UFO Sighting Above New Mexico, Arizona Desert

FAA Audio: Perplexed Pilots Report UFO Sighting Above New Mexico, Arizona Desert Although it has been two months since the incident was reported, it is still unknown what the object was. In order to try to ascertain if the UFO was spotted by others, The Air traffic controllers asked the pilot of a nearby American Airlines jet to keep an eye out for the UFO - and sure enough, he also spotted the odd object - meaning that it wasn't a figment of anyone's imagination. [Full Article...]

Japanese drug kingpin Takeda mulling approach for Shire

Japanese drug kingpin Takeda mulling approach for Shire They were 15 percent higher at 1445 GMT, valuing the group at around 32 billion pounds ($45 billion). The firm offers products in therapeutic areas, including hematology, genetic diseases, neuroscience , immunology, internal medicine, ophthalmology, and oncology. [Full Article...]

Judge Says Trump Can Be Sued Over Ties to DC Hotel

Judge Says Trump Can Be Sued Over Ties to DC Hotel Though Trump claimed that neither Maryland nor Washington could show they were injured by Trump's ownership of the glitzy hotel, Messitte's ruling cites changes in tax and ownership rules for the hotel since the inauguration, as well as Maine Governor Paul LePage's stay at the hotel ahead of an official meeting with the president. [Full Article...]

Full Speed Ahead: Fourth Quarter GDP Revised Up to 2.9%!

Full Speed Ahead: Fourth Quarter GDP Revised Up to 2.9%! But for the full year the growth rate was unchanged at 2.3 percent, faster than the 1.5 percent seen in 2016, but still well below Trump's goal and the 2.9 percent expansion seen in 2015. That was the fastest pace since the third quarter of 2010 and overshadowed a rise in exports driven by weakness in the dollar. The rosier revised estimate for the October-December period was a modest shot in th... [Full Article...]

Government plans to sell 76% stake in Air India, Air India Express

Government plans to sell 76% stake in Air India, Air India Express According to the memorandum on Air India stake sale, the government plans to offload 76% equity share capital of the national carrier as well as transfer the management control. According to the memorandum, private entities should have a net worth of Rs 5,000 crore to be eligible to send in their EoIs for the proposed transaction. [Full Article...]

GSK buys out Novartis in $13bn consumer healthcare deal

GSK buys out Novartis in $13bn consumer healthcare deal Multinational company Glaxosmith withdrew itself from the bidding for Pfizer last week. The deal marks the biggest move GSK Chief Executive Officer Emma Walmsley has made since taking over the reins of the company past year. Novartis CEO Vas Narasimhan said: "While our consumer healthcare joint venture with GSK is progressing well, the time is right for Novartis to divest a non-core... [Full Article...]

Long Term Growth Stock in Review: Lululemon Athletica Inc. (NASDAQ:LULU)

Long Term Growth Stock in Review: Lululemon Athletica Inc. (NASDAQ:LULU) We observed -3.69% rate of return for a stock for the last 5-trading days, which was maintained for the month at -13.58%. Alliancebernstein L.P. lifted its position in Lululemon Athletica by 311.5% during the fourth quarter. Investors sentiment increased to 1.2 in 2017 Q3. Its down 0.12, from 1.2 in 2017Q2. Eye Catching Stocks: Lululemon Athletica Inc . Bernstein raised its price target fro... [Full Article...]

Ecuador cuts off Assange's communications from its London embassy

Ecuador cuts off Assange's communications from its London embassy Mr Assange had also questioned accusations Moscow was responsible for the poisoning of former spy Sergei Skripal and his daughter Yulia with a nerve agent on British soil. Ecuador suspended his internet access in 2016 after a WikiLeaks dump targeting Hillary Clinton's presidential campaign. Assange claims the accusations were politically motivated and could lead to him being extradited to the... [Full Article...]

Walmart removes Cosmo from checkout aisles after concerns over sexual content

Walmart removes Cosmo from checkout aisles after concerns over sexual content In a statement, Walmart spokesperson Meggan Kring said: 'As with all products in our store, we continue to evaluate our assortment and make changes. It later became a literary magazine before being rebranded in 1965 as a women's magazine. The retailer says it was primarily a business decision, but concerns raised by groups over the magazine's content were heard. [Full Article...]

Disney star is all set to join White House

However, there's no blatant showbiz favouritism here, as Sunshine originally applied to the internship through the White House's website. Former White House aide Omarosa Manigault Newman, for the first time met Trump when she was a contestant on his reality show " The Apprentice ". [Full Article...]

Saudi Arabia, Softbank to create world's largest solar power generation project

Saudi Arabia, Softbank to create world's largest solar power generation project Saudi Crown Prince Mohammed Bin Salman is on a three-week tour of the United States, his first visit since being designated the successor of his father, King Salman bin Abdulaziz. The announcement happened during the NY leg of Prince Mohammed's trip across the United States. SoftBank was said to be planning to invest as much as $25 billion in Saudi Arabia over the next three to four years. [Full Article...]

How the new plastic bottle return scheme will work

How the new plastic bottle return scheme will work Returpack, the primary deposit organization in Sweden, cites a recycling rate of 85% for both PET bottles and aluminum cans. Michael Gove , environment secretary, said: "We can be in no doubt that plastic is wreaking havoc on our marine environment - killing dolphins, choking turtles and degrading our most precious habitats". [Full Article...]

Lowe's Companies, Inc. Stock Surges on CEO Succession Plan

Lowe's Companies, Inc. Stock Surges on CEO Succession Plan Ssi Management Inc holds 2,809 shares. The business's revenue was down 1.8% on a year-over-year basis. research analysts anticipate that Lowe's Companies, Inc. Investors sentiment decreased to 1.01 in Q3 2017. The stock has a market capitalization of $69,529.09, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 0.89 and a beta of 1.30. [Full Article...]

Warmer weather on tap for egg hunt

Warmer weather on tap for egg hunt Take the trip on the railroad from Kingston out to an Easter egg hunt, enjoy some snacks and get your photos with the Easter Bunny. The lucky children who plucked those eggs are able to redeem their certificates at local downtown merchants listed on certificate, or had the chance to be an instant victor and collect their prize at the park on Saturday. [Full Article...]

United States investigating fatal Tesla crash in California

United States investigating fatal Tesla crash in California Nvidia shares fell 9 percent. Tesla has $230 million in convertible bonds maturing in November 2018 and $920 million in March 2019. "The investigation has begun, it's just a matter of collecting data", he said. The NTSB's investigation will also focus on the appropriate steps to take when dealing with a battery fire and how to adequately remove an impacted vehicle from a crash scene. [Full Article...]

Deutsche Bank's CEO is reportedly on his way out

Deutsche Bank's CEO is reportedly on his way out Traders will often use multiple moving averages to analyze a single security. Intel rose 4 percent after brokerage Raymond James upgraded the stock to "market perform". The stock, as of last close, traded -2.96% away to its 52 week low and was at a distance of -32.01% from its 52 week high. Operating Margin is seen at 49.2 percent.Forward P/E of Deutsche Bank Aktiengesellschaft is standing at ... [Full Article...]

Lynk & Co to go west in 2020

Lynk & Co to go west in 2020 Lynk & Co. hasn't revealed specs for the 02 but expect numbers to match the 01. Lynk & Co head of design Andreas Nilsson said: 'Sporty, adventurous, dynamic, daring, confident and fun, the 02 sits at the absolute centre of our brand. The first of these will open in Amsterdam, with shops following in Barcelona, Berlin, Brussels and London. Lynk & Co. will also sell cars via its website. [Full Article...]

Sensex trims early gains; stays in green

Sensex trims early gains; stays in green Stock markets on Tuesday closed in the green as positive global cues on the prospects of easing trade war fears, along with healthy buying across nearly all sectors led by banking, metals and healthcare stocks, lifted investor sentiments. Foreign portfolio investors sold shares worth Rs 741.19 crore and domestic institutional investors bought shares worth Rs 2,017.95 crore on a net basis on Monda... [Full Article...]

Elon Musk to Sell Lego-Like Bricks Made of Tunnel Rock

Elon Musk to Sell Lego-Like Bricks Made of Tunnel Rock He set out his plan for what he calls "BFR", which is a type of rocket he wants to develop at SpaceX. His new design incorporates a ship and rocket booster into one system that can replace SpaceX's current Falcon Heavy and Falcon 9 rockets and Dragon spacecraft. [Full Article...]


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