http://images.newindianexpress.com/uploads/user/imagelibrary/2017/12/11/original/HSBC_Reuters.jpg

Finance

The probe by the US said the bank was the conduit for the rogue nations and drug kingpins. When the DPA was announced, the US had described it as "sword of Damocles" hanging over HSBC . Authorities brought the DPA to avoid any prosecution which if it led to an indictment, would have meant the government of the USA could not conduct business with the bank any longer.
  • Scotland's weather: Flights cancelled as snow impacts United Kingdom airports

    Scotland's weather: Flights cancelled as snow impacts United Kingdom airports

    Finance

    Flights out of City of Derry airport are still operating, but delays are to be expected. We're working with our airline partners to return aircraft to where they need to be and full service recovery remains the focus. Yesterday, dozens of flights were diverted. It is covered in an amber weather warning issued by the Met Office, which remains in place until 6pm. Birmingham Airport said: "Passengers should be aware that there may be some knock on disruption today following yesterday's ...
  • Oil prices steady as Chinese demand counters stronger…

    Oil prices steady as Chinese demand counters stronger…

    Finance

    Crude palm oil prices declined by 0.52 per cent to Rs 558.20 per 10 kg in futures market today as speculators reduced their exposure, taking negative cues from the spot market on subdued demand. "Even if you have no bullish view". Still, data this week showed that US crude output had risen 25,000 bpd to 9.7 million bpd in the week to December 1, the highest production since the 1970s and close to the production levels of Russian Federation and Saudi Arabia .
  • Corning Incorporated (GLW) Holdings Trimmed by Shufro Rose & Co. LLC

    Finance

    Also, Corning Incorporated (GLW) needs to expand a 29.09% increase it experienced over the past twelve months. It has outperformed by 36.68% the S&P500. 34,545 were reported by Mufg Americas Holding. (NASDAQ:NFLX) has "Buy" rating given on Friday, October 13 by RBC Capital Markets. The business's quarterly revenue was up 4.0% on a year-over-year basis.
  • InterOcean Capital LLC Has $3.97 Million Position in Coca-Cola Company (The) (KO)

    Finance

    The institutional investor owned 381,804 shares of the company's stock after selling 4,806 shares during the period. Washington Natl Bank holds 0.03% or 4,074 shares in its portfolio. City Hldgs Company owns 2.6% invested in The Coca-Cola Company (NYSE:KO) for 164,255 shares. According to Zacks , analysts expect that Coca-Cola European Partners will report full year earnings of $2.45 per share for the current year, with EPS estimates ranging from $2.39 to $2.48.
  • Trump Plans to Make Closing Argument for Tax Overhaul Wednesday

    Trump Plans to Make Closing Argument for Tax Overhaul Wednesday

    Finance

    That didn't fly with the Republicans in the House from high-tax states: Some threatened to vote against their party's sacrosanct tax bill. Key differences include: personal income tax rates, with the House bill shrinking the current seven brackets to four and the Senate measure retaining seven brackets but changing them; the mortgage interest deduction , which is more generous in the Senate bill; the alternative minimum tax, aimed at ensuring that higher-earning people and corporations ...
  • Packers vs Browns: Slim crowd at kickoff

    Packers vs Browns: Slim crowd at kickoff

    Finance

    The Browns special teams contributed to the loss. The Packers' offense hit the skids after a good opening drive, and the Browns took a 14-7 lead into halftime. HaHa Clinton-Dix saves some points with an interception at the end of the half; Browns lead 14-7. Poor defensive calls helped Green Bay get back into the game.
  • Is Johnson & Johnson (NYSE:JNJ) Now a 'Buy'? Wells Fargo Upgrades Stock

    Finance

    Finally, FMR LLC lifted its position in shares of Johnson & Johnson by 5.9% during the 2nd quarter. It has underperformed by 4.16% the S&P500. Reilly Herbert Faulkner Iii holds 37,988 shares. 105 funds opened positions while 667 raised stakes. Cedar Wealth Management LLC grew its position in Johnson & Johnson by 5.3% during the first quarter.
  • First snowfall of season mild in area

    First snowfall of season mild in area

    Finance

    Atlanta has picked up between five and 10 inches of snow, as of Saturday morning. Most of the area had yet to see its first significant snowflakes Saturday morning. Accumulations of 6 inches (15 centimeters) were reported in MS and northern Georgia, while at least 5 inches (13 centimeters) fell in Alabama. Westerly winds will pick up as a trough moves east, those winds pass over the mild lake water and will ring out snow showers across the Adirondacks and New York's north country.
  • Orange alert issued with SIGNIFICANT snowfall due in 17 counties

    Orange alert issued with SIGNIFICANT snowfall due in 17 counties

    Finance

    Temperatures could fall to as low as -4 °C. Days after a yellow weather warning for snow was issued for Yorkshire, parts of the region are bracing for heavy snow this weekend. Phil Stockford, emergency planning manager at Highways England, said: "Gritters are out treating our routes around the clock, but it is still important to drive to the conditions when snow is forecast".
  • ASIO indentifies candidates with links to China

    Finance

    He says the government has finished the year well and now has the ability to implement policies in next year's budget that will see people, who may be "parked temporarily" with Cory Bernardi's Australian Conservatives or One Nation, return to the coalition.
  • (LNC) Shares Bought by Cornerstone Capital Management Holdings LLC

    Finance

    Shares of Mastercard Incorporated (NYSE:MA) traded up 1.38% in the last session while performance was up 149.45% in the last five days. Its up 4.45% from 5.49 million shares previously. Apg Asset Nv holds 0.04% or 287,083 shares in its portfolio. Clark Grp stated it has 231,358 shares or 0.61% of all its holdings. Lincoln National Co.
  • Alibaba Group Holding Limited (NYSE:BABA) Holdings Reduced by Alta Advisers Ltd

    Finance

    Alibaba Group ( NYSE:BABA ) opened at $178.28 on Thursday. It has outperformed by 8.30% the S&P500. Marquette Asset Management Inc., a Minnesota-based fund reported 38,140 shares. They expect $1.45 EPS, up 33.03% or $0.36 from last year's $1.09 per share. Alibaba has $225.0 highest and $75 lowest target. The mean rating score for this stock is at 2.90.
  • Capital Trust (BXMT) Given Daily News Impact Rating of 0.14

    Finance

    After $0.63 actual EPS reported by Blackstone Mortgage Trust, Inc . for the previous quarter, Wall Street now forecasts -9.52% negative EPS growth. Keefe Bruyette & Woods has "Buy" rating and $3300 target. On the other hand Shares of Blackstone Mortgage Trust, Inc ., (NYSE: BXMT ), showed a change of 0.77% and now trading at $32.59 in the current trading session.
  • Price Target Analysis of Newell Brands Inc. (NWL)

    Finance

    After the latest session, which saw the stock close at a price of $30.81, NWL sits below its 52-week high. About 19.88 million shares traded. Newell Brands (NYSE: NWL ) last posted its quarterly earnings data on Thursday, November 2nd. Utd Financial Advisers Ltd Com holds 0.02% or 43,886 shares. Oppenheimer reaffirmed a "hold" rating and issued a $50.00 price objective on shares of Newell Brands in a research note on Wednesday, September 6th.
  • Voya Investment Management LLC Grows Position in McDonald's Corporation (MCD)

    Finance

    If the Golden Cross is greater than 1, then the 50 day moving average is above the 200 day moving average - indicating a positive share price momentum. Ftb Advisors Inc decreased Kohls Corp (NYSE:KSS) stake by 37,199 shares to 108,201 valued at $4.26 million in 2017Q2. Following the completion of the purchase, the director now directly owns 1,600 shares in the company, valued at approximately $206,304.
  • Delta cancels 625 flights as snowstorm hits Atlanta airport

    Delta cancels 625 flights as snowstorm hits Atlanta airport

    Finance

    Airlines had canceled at least 947 flights into, out of or within the U.S.by about 4:30 p.m. Friday , according to FlightAware.com, an online tracking service. The storm forced the airline to cancel 970 flights Friday and 290 flights for Saturday. Still, the weather was causing problems at airports. Some parts of metro Atlanta could see up to two wet inches of snow, though that was most likely in the city's northern suburbs.
  • Comparable Company Analysis: Pandora Media, Inc. (P), Sears Holdings Corporation (SHLD)

    Comparable Company Analysis: Pandora Media, Inc. (P), Sears Holdings Corporation (SHLD)

    Finance

    The stock increased 4.22% or $0.13 during the last trading session, reaching $3.21. Currently, 29.92 million total shares are owned by the public and among those 29.92 million shares have been available to trade. A number of key analysts, polled by FactSet, shared their views about the current stock momentum. As per Thursday, September 29, the company rating was maintained by Barclays Capital.
  • Bitcoin soars by $4000 in one day to $18000

    Bitcoin soars by $4000 in one day to $18000

    Finance

    If fees move toward zero (miners incur high energy costs and should always be at least compensated for their costs), many miners will exit the market, slowing transaction volumes even further, hampering bitcoin's use as a payment tool. Jamie Dimon , chief executive of JPMorgan Chase, the largest bank in the United States, has dismissed bitcoin as a "fraud". That has become an increasingly critical question for investors and observers as bitcoin's value rose past $16,000 in early December.
  • Q4 2018 EPS Estimates for Adobe Systems Incorporated Lifted by Analyst (ADBE)

    Finance

    The stock increased 1.51% or $1.66 during the last trading session, reaching $111.4. About 2.10 million shares traded. Vail Resorts, Inc. (NYSE:MTN) has risen 61.08% since December 9, 2016 and is uptrending. Since June 14, 2017, it had 0 insider purchases, and 1 sale for $311,035 activity. Lewnes Ann also sold $311,035 worth of Adobe Systems Incorporated (NASDAQ: ADBE ) on Wednesday, June 14.
  • India warns against investing in Bitcoin

    Finance

    RBI has also clarified that it has not given any license/ authorization to any entity/company to operate such schemes or deal with Bitcoin or any VC. As a decentralized currency and peer-to-peer protocol, bitcoin eliminates the necessity of intermediaries such as banks, and most importantly, separates money and state.
  • Holowesko Partners Ltd. Increases Stake in Bank of America Corp (NYSE:BAC)

    Finance

    About 198,333 shares traded or 12.38% up from the average. Frequency Electronics, Inc. (NASDAQ:FEIM) has declined 3.88% since December 8, 2016 and is downtrending. Moreover, Renaissance Limited Liability Corp has 0.09% invested in Bank of America Corporation (NYSE: BAC ) for 101,601 shares. United Cap Fin Advisers Ltd Liability Com invested 0.12% of its portfolio in Bank of America Corporation (NYSE: BAC ).
  • American Eagle Outfitters, Inc. (AEO)- Bullish Movers Gaining Investors Attention

    Finance

    When it comes to research, investors have several tools available to them to make it easy. American Eagle expects earnings of between 42 and 44 cents per share for the holiday quarter ending January. The business had revenue of $761.80 million for the quarter, compared to analyst estimates of $741.76 million. The Return on Investment and Return on Equity (ROE) values are 17.3 percent and 15.3 percent, respectively.
  • Capital Returns Management LLC Maintains Stake in Mgic Invt Corp Wis (MTG)

    Finance

    Fiera Capital Corp now owns 23,955 shares of the insurance provider's stock worth $268,000 after buying an additional 825 shares during the last quarter. The firm owned 35,791,153 shares of the company's stock after buying an additional 1,037,197 shares during the period. (NYSE:HCP) for 138 shares. Chicago Equity Prtn Lc invested in 0.12% or 403,030 shares.
  • British, Irish leaders discuss border issue

    British, Irish leaders discuss border issue

    Finance

    But it was later rejected by Northern Irish party DUP , which says it can not allow any divergence in regulation between Northern Ireland and other parts of the UK. This would mean talks on future trade arrangements and any transition deal could not begin until 2018, something the United Kingdom government is determined to avoid given the increased uncertainty it would mean for British business.
  • Starbucks (NASDAQ:SBUX) Downgraded by Vetr

    Finance

    It has underperformed by 4.22% the S&P500. Riggs Asset Managment Company increased Starbucks Corp ( SBUX ) stake by 31496.33% reported in 2017Q2 SEC filing. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company.
  • Town hall discusses concerns about impact of tax proposals on graduate students

    Town hall discusses concerns about impact of tax proposals on graduate students

    Finance

    Moynihan, who came to the US from Ireland as a student, added to Asen's point, saying the policy has the potential to especially affect American schools' recruitment of worldwide graduate students. "But it will be a lot more challenging to make ends meet". Citing the damaging effects the provision would have on the University of IL and seven other colleges in his district, Rep.
  • Monthly Negative performer - Netflix, Inc. (NFLX) moved -5.46%

    Finance

    It dropped, as 64 investors sold Netflix, Inc . shares while 222 reduced holdings. Zeke Capital Advisors LLC raised its stake in Netflix, Inc . The Internet television network reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.03.
  • The Tyson Foods, Inc. (TSN) Shares Bought by Ameriprise Financial Inc

    The Tyson Foods, Inc. (TSN) Shares Bought by Ameriprise Financial Inc

    Finance

    It has underperformed by 26.64% the S&P500. Adi Capital Management Llc holds 7.44% of its portfolio in Extreme Networks, Inc. for 1.41 million shares. Plante Moran Fincl Advsrs Ltd reported 156 shares. Phibro Animal Health Corp (NASDAQ:PAHC) was reduced too. Since an alpha above 1 hints at more gains, investors can predict some further rally scope.
  • Toronto Dominion Bank Raises Stake in Discovery Communications, Inc. (NASDAQ:DISCA)

    Finance

    Over the last week, the stock has moved 2.68%. About 2.42M shares traded. Wayfair Inc. (NYSE:W) has risen 54.80% since December 8, 2016 and is uptrending. Cubist Systematic Strategies Lc holds 38,235 shares. Australia-based Macquarie Group has invested 0% in Discovery Communications, Inc . Finally, Morgan Stanley dropped their target price on Discovery Communications from $31.00 to $22.00 and set an equal weight rating on the stock in a report on Thursday, October 26th.
  • Investors' Attention Alert: Synchrony Financial (SYF), The New York Times Company

    Finance

    Parkwood Llc increased its stake in Synchrony Financial ( SYF ) by 221.22% based on its latest 2017Q2 regulatory filing with the SEC. Synchrony Financial has a 12 month low of $23.25 and a 12 month high of $38.06. The firm has "Equal-Weight" rating given on Friday, September 8 by Morgan Stanley. The rating was initiated by Liberum Capital with "Hold" on Tuesday, December 1.
  • Huber Sells 696 Shares of Incyte Corporation (INCY) Stock

    Finance

    The company has market cap of $5.17 billion. The stock increased 0.39% or $0.66 during the last trading session, reaching $169.98. If a company's profit is $800 million and there are 40 million shares, then the EPS is $20. It also reduced Diageo Plc Adr (NYSE:DEO) stake by 16,455 shares and now owns 608,792 shares. Receive News & Ratings for Incyte Co. More notable recent Apple Inc.
  • Stocks within Assessment: Marathon Oil Corporation (MRO), PayPal Holdings, Inc. (PYPL)

    Finance

    About 1.23M shares traded. Checking the levels for Marathon Petroleum Corp (MPC), we have made a note that the UO level is now over 60. The stock has "Outperform" rating by Cowen & Co on Friday, February 12. Jefferies initiated the shares of MPC in report on Tuesday, August 23 with "Buy" rating. Kbc Gp Nv has invested 0.36% in Marathon Petroleum Corporation (NYSE:MPC).
  • Dissecting the Insider Trading Patterns of The Walt Disney Company (DIS)

    Finance

    Lee Financial Co now owns 1,052 shares of the entertainment giant's stock valued at $112,000 after acquiring an additional 74 shares during the last quarter. Clearbridge Investments LLC boosted its position in shares of Walt Disney by 2.0% in the first quarter. Mechanics State Bank Trust Department has invested 0.27% in The Walt Disney Company (NYSE: DIS ).