Finance

The Toyota-Suzuki pact comes at a time when there is a global movement toward forming alliances to explore and develop shared mobility, connected cars and green technologies - the forces that are disrupting the auto industry. Suzuki has been the main figure within the Indian auto market because of the majority stake in Maruti Suzuki India , through which is sold 1.6 million vehicles in the previous year.
  • FirstEnergy (FE) Earns Daily Media Impact Rating of 0.04

    FirstEnergy (FE) Earns Daily Media Impact Rating of 0.04

    Finance

    Let's have a look at recent traded volume and some historical average volume information. According to finviz data, FE stock's volatility for the week is measured at 1.75%, while for the month it is maintained at 1.84%. Lazard Asset Mngmt Lc holds 0.04% of its portfolio in FirstEnergy Corp . It is simply FE stock's average closing price over the last 50 days. Although stock's historical performances are key to consider, don't invest (or not invest) based exclusively on it.
  • Detroit Tigers home opener postponed due to weather

    Detroit Tigers home opener postponed due to weather

    Finance

    The Detroit Tigers and Pittsburgh Pirates will open the regular season this afternoon at Comerica Park, if the weather cooperates. All tickets for the Opening Day game will be honored for the new date. This is also the earliest opening day in league history. A year ago, Detroit's season opener was on the road in Chicago and that game was postponed because of rain.
  • CME Group Inc. (CME) EPS Estimated At $1.64

    CME Group Inc. (CME) EPS Estimated At $1.64

    Finance

    During the same period in the previous year, the business earned $1.14 earnings per share. Walleye Trading Ltd Liability Corp invested in 20,699 shares or 0.01% of the stock. Over the last ninety days, insiders have sold 40,699 shares of company stock valued at $6,266,062. (NASDAQ:CME) shares were sold by Sammann Derek. Deoras Mukul had sold 2,572 shares worth $180,521.
  • Barclays agrees $2bn penalty over U.S. fraud claims

    Barclays agrees $2bn penalty over U.S. fraud claims

    Finance

    The pair agreed to pay a $2 million settlement in exchange for dismissal of the claims against them. "It alleged violations of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), based on mail fraud, wire fraud, bank fraud, and other misconduct", the DoJ said in a statement .
  • Daimler and BMW join forces in car-sharing and electric-vehicle charging

    Daimler and BMW join forces in car-sharing and electric-vehicle charging

    Finance

    Their share of global auto industry profits may fall from 85 percent to less than 50 percent by 2030, it said. The aim is to become a leading provider of innovative, on-demand mobility services. "Our Strategy NUMBER ONE NEXT provides the BMW Group with a roadmap to a digital and emission-free future", said Harald Krüger, Chairman of the Board of Management of BMW AG.
  • Melrose 'to keep GKN British'

    Melrose 'to keep GKN British'

    Finance

    GKN shares fell 0.5 percent to 428.2 pence as of 10:24 a.m.in London. "This plan is materially de-risked by the Dana / GKN driveline combination, which has been achieved on highly attractive terms for our shareholders". "I would expect to see a commitment to continuity of ownership and strategic investment specific to the defence-related business of GKN and to exclude the option of a short-term sale of this business without Government consent".
  • Govt plans to sell 76% stake in Air India, cede management control

    Govt plans to sell 76% stake in Air India, cede management control

    Finance

    Along with Air India, bids are also being called for sale of the national carrier's 50% stake in AISATS, a ground handling subsidiary between Air India and Singapore Airport Terminal Services. It adds that the Central government is "carving out real-estate assets and other businesses which are not integral to the core airline business into a separate Special Purpose Vehicle (SPV)".
  • There may be a $100 check in your mail

    There may be a $100 check in your mail

    Finance

    Whether you like to clip coupons or not, direct marketing firm Valpak says people should be checking their mail because the company is sending out $100 checks all over the US this year. Out of 36 checks in 2017, only 7 were cashed in her area. "Valpak will not be capturing any personal info from the winners. There are thousands of offers monthly", Jensen said.
  • Recent Trading UpdatesThe Goldman Sachs Group, Inc. (GS) Stock Price trades 2.27%

    Recent Trading UpdatesThe Goldman Sachs Group, Inc. (GS) Stock Price trades 2.27%

    Finance

    The institutional investor held 192,613 shares of the major banks company at the end of 2017Q4, valued at $3.33M, up from 109,458 at the end of the previous reported quarter. It also increased its holding in Ionis Pharmaceuticals Inc by 19,098 shares in the quarter, for a total of 19,110 shares, and has risen its stake in Biogen Idec Inc Com (NASDAQ:BIIB).
  • Renault shares leap after Nissan merger report

    Renault shares leap after Nissan merger report

    Finance

    A deal would end the current alliance between the companies and marry them as one corporation, is what is learnt by people in the know. Nissan now holds a 15 percent stake at Renault , while the French carmaker owns 43 percent of its Japanese partner.
  • Cambridge Analytica whistleblower Christopher Wylie drags Congress into the muck

    Cambridge Analytica whistleblower Christopher Wylie drags Congress into the muck

    Finance

    The document names the Janata Dal (United) as one of its clients. Discussing Cambridge Analytica, Wylie said that he doesn't exactly know what projects the firm took up in India, but it was mostly regional work. The British data firm that helped Republicans win key USA seats in the 2014 election created personality and psychological profiles for at least 136,000 Colorado voters - data derived in part from Facebook, according to a new report .
  • ISRO launches indigenous communication satellite GSAT-6A

    ISRO launches indigenous communication satellite GSAT-6A

    Finance

    As per the ISRO, two improvements have been declaring this as the second stage of rocket - the introduction of high thrust Vikas engine and an electromechanical actuation system in leaves of an electro-hydraulic actuation system. The antenna's giant size will give enough power to signals being transmitted for very tiny, handheld devices to receive them. The GSAT-6A would give a much-needed quality and security to the communication among soldiers operating in diverse terrain and topographic ...
  • Ransomware virus hits Boeing, affecting

    Ransomware virus hits Boeing, affecting "small number of systems"

    Finance

    Leading U.S. aerospace manufacturer Boeing Company admitted some of its computers were hit by notorious WannaCry computer virus, which caused a global panic a year ago, local media reported Wednesday. Indicating widespread alarm in the company at the potential affect, VanderWel said the attack required "a battery-like response", a reference to the 787 in-flight battery fires in 2013 that grounded the world's fleet of Dreamliners and led to an extraordinary three-month-long engineering ...
  • Chandrababu Naidu vows to build world-class capital with overseas funds

    Chandrababu Naidu vows to build world-class capital with overseas funds

    Finance

    All the MLAs and ministers attended the Assembly wearing black badges. The CM called for such a black badge protest till April 6. TDP had severed its ties with the BJP-led NDA on 16 March claiming that the Centre has not fulfilled the commitments- made by then prime minister Manmohan Singh in the Parliament and the ones mentioned in the Andhra Pradesh Reorganization Act- made to the bifurcated state.
  • Walmart removes Cosmopolitan from checkouts as conservative lobbyists celebrate

    Walmart removes Cosmopolitan from checkouts as conservative lobbyists celebrate

    Finance

    Walmart is not banning the magazine entirely, but is removing it from the heavy-traffic checkout counters at 5,000 stores nationally, the National Center on Sexual Exploitation said Tuesday. And in 2016, Marsh Supermarkets removed Cosmopolitan from checkout stand shelves at its 72 locations in OH and in, after a similar NCOSE campaign. The #MeToo era is upon us, and one would think magazine covers showcasing talented and influential women would be empowering .
  • Ikea reveals 6.9% gender pay gap for United Kingdom retail business

    Ikea reveals 6.9% gender pay gap for United Kingdom retail business

    Finance

    By comparison, the retailer has a negative gender pay gap of -10.6pc in the distribution operation of its United Kingdom business, and negative bonus gender pay gap of -20.5pc, due to more women working in better-paid managerial roles. Establishing a set of metrics to regularly monitor our diversity performance and report externally on an annual basis. "I'm really proud of the extraordinary diversity at 2 Sisters Food Group and I'm determined that we should do everything we can to make ...
  • Conviviality on the brink of collapse

    Conviviality on the brink of collapse

    Finance

    PricewaterhouseCoopers is expected to be appointed as administrator tomorrow, and rumours abound that a multinational brewer is interested in purchasing the group. "Unless circumstances change, and in accordance with statutory requirements, the board intend to appoint administrators within 10 business days", it said.
  • Teen Wins $1000 Per Week For Life After Buying Lottery Ticket

    Teen Wins $1000 Per Week For Life After Buying Lottery Ticket

    Finance

    Loto-Quebec said she went to local liquor store for sparkling wine and also bought herself a $4 scratch lottery ticket at a nearby convenience store on March 13. She told Loto Quebec : 'I want to study photography. Lagarde said, however, her plans don't include early retirement. The teen said she intends to invest in her education as well as do some traveling - one of her passions.
  • Surprise! Some Valpak coupon envelopes to randomly include $100 checks

    Surprise! Some Valpak coupon envelopes to randomly include $100 checks

    Finance

    Lie Jensen, owner of the ValPak franchise in Grand Rapids, Michigan, told NBC affiliate WZZM that out of 36 checks mailed out in her market in 2017, only seven were cashed. This is the first time the company is sending out the bonus checks in every city at the same time. At the time of the announcement, company officials noted they will not be capturing any personal information about the winners.
  • Army defends delay in deployment of United Nations peacekeepers

    Army defends delay in deployment of United Nations peacekeepers

    Finance

    The U.N. General Assembly is responsible for determining the peacekeeping budget. President Donald Trump's administration has complained before that the budget and the USA share are too high and pressed to cut to this year's budget. "There have also been instances when personnel nominated for deployment have been found to have allegations of misconduct against them", the Army headquarters said.
  • Nifty, Sensex rise as government borrowing cut boosts sentiment

    Nifty, Sensex rise as government borrowing cut boosts sentiment

    Finance

    After a sharp fall over the last few sessions, the Indian equities have seen some recovery in the past two sessions. Indian stock market remained buoyant for a second straight session, with the Sensex closing 108 points higher as banking shares rallied following a surprise cut in the government's borrowing programme and investor sentiment improved on signs of easing global trade war fears.
  • Australia recalls 2.3 mn vehicles over airbag problems

    Australia recalls 2.3 mn vehicles over airbag problems

    Finance

    The first compulsory recall was issued today by Assistant Minister to the Treasurer Michael Sukkar for all vehicles with defective Takata airbags, as they have the potential to explode and - terrifying - launch METAL SHARDS when they're deployed.
  • Judge allows lawsuit alleging Trump took illegal foreign gifts

    Judge allows lawsuit alleging Trump took illegal foreign gifts

    Finance

    Maryland and D.C. argue that they are being "injured" by the hotel as other businesses lose money and their "hospitality sectors can not offer clients the same opportunities to influence the President", Maryland Solicitor General Steven Sullivan said during a February hearing.
  • Arizona governor halts Uber self-driving cars after fatal crash

    Arizona governor halts Uber self-driving cars after fatal crash

    Finance

    The vehicle, which was in autonomous mode at the time , strikes and ultimately kills the 49-year-old woman. Gov. Doug Ducey released a letter he wrote to Uber , referring to the video of the accident released on March 21, saying the Arizona Department of Transportation would be suspending Uber's "ability to test and operate autonomous vehicles on Arizona's public roadways".
  • Arizona Suspends Uber's Autonomous Vehicle Testing

    Finance

    The company has decided not to reapply for a permit to test autonomous vehicles with the California DMV in the wake of the crash, a spokesperson told Business Insider , ending its tests in the state for the immediate future. And, unlike Arizona, which had just one operator in the vehicle, Pennsylvania requires at least two. Uber has not yet had to produce such a report.
  • Snow Capital Management LP Takes Position in Shire PLC (SHPG)

    Snow Capital Management LP Takes Position in Shire PLC (SHPG)

    Finance

    Water Asset Management Llc who had been investing in Xylem Inc for a number of months, seems to be less bullish one the $13.73 billion market cap company. The stock of Shire plc ( NASDAQ : SHPG ) earned "Hold" rating by Bernstein on Friday, May 26. The stock has "Buy" rating by Stifel Nicolaus on Monday, July 17.
  • Louisiana Senate rejects equal pay, minimum wage bills

    Louisiana Senate rejects equal pay, minimum wage bills

    Finance

    In February 2018, the media value of labor contracts in Romania reached RON 1,799 and was below the minimum gross wage level (RON 1,900). "When he did, all those groups told you there was going to be a cottage industry of litigation over pay discrimination in Louisiana", Morrell said.
  • Full Speed Ahead: Fourth Quarter GDP Revised Up to 2.9%!

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

    Finance

    In the third quarter, real GDP increased 3.2%. Overall growth in the almost-finished first quarter is shaping up on the softer side; forecasting firm Macroeconomic Advisers on Wednesday projected a 1.8% growth rate for GDP in the first three months of the year.
  • Pilots Flying Separate Planes Report Seeing UFO in Southern Arizona

    Pilots Flying Separate Planes Report Seeing UFO in Southern Arizona

    Finance

    The man, who has not been publicly named, filed a report with UFO investigators in which he claimed he experienced lost time during a nocturnal snowmobile ride through woods in Ontonagon, Michigan, USA. A few minutes later, the controller asks American 1095 to let him know if they see anything "pass over you here in the next 15 miles". H also described it as having a "big reflection".
  • Concho, RSP Combination to Create Monster Permian Pure-Play

    Concho, RSP Combination to Create Monster Permian Pure-Play

    Finance

    It has outperformed by 9.12% the S&P500. The company has market cap of $5.17 billion. The stock increased 3.58% or $1.35 during the last trading session, reaching $39.11. Technology shares were strong, with Apple advancing 4.75 per cent, Intel 6.32 per cent, Netflix and Adobe Systems both 6.5 per cent. Lpl Fin Lc stated it has 13,718 shares or 0% of all its holdings.
  • Sector Volume Actives: ICICI Bank Limited (NYSE:IBN)

    Sector Volume Actives: ICICI Bank Limited (NYSE:IBN)

    Finance

    The company's distance from 52-week high price is -22.74% and while current price is 16.28% from 52-week low price. A moving average filters out random noise and offers a smoother perspective of the price action. Of course not. Rating varies from one analyst to other analyst. These projections are then used as a basis for providing "buy" or "sell" recommendations.
  • Hindustan Aeronautics makes tepid market debut, lists at 5% discount

    Hindustan Aeronautics makes tepid market debut, lists at 5% discount

    Finance

    State-owned Hindustan Aeronautics made a lacklustre debut on BSE and NSE today. At 10:27 am, Hindustan Aeronautics shares were trading at Rs 1,176.25 on the BSE, whose benchmark index Sensex was down 200 points at 32,973. The section reserved for the QIBs was oversubscribed to 1.73 times while the retail investors were subscribed 39 per cent and the non-institutional investors' reserved portion was subscribed 3 per cent.
  • Most Active Stock: Gilead Sciences Inc. (NASDAQ:GILD)

    Most Active Stock: Gilead Sciences Inc. (NASDAQ:GILD)

    Finance

    The biopharmaceutical company reported $1.78 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.67 by $0.11. It has gross profit margin ratio of 83.30% for trailing twelve months and operating margin is calculated as 54.10%; these are a better detectors to find consistency or positive/negative trends in a firm's earnings.
  • Walmart pulls Cosmopolitan from checkout lines

    Walmart pulls Cosmopolitan from checkout lines

    Finance

    The Arkansas-based retail giant will take the women's magazine out of checkout lines in its 5,000 USA stores, according to the National Center on Sexual Exploitation , an anti-pornography organization that lobbied for the policy change and was previously known as Morality in Media.
  • Lululemon Athletica Inc. (NASDAQ:LULU) - Is the Stock Overvalued?

    Lululemon Athletica Inc. (NASDAQ:LULU) - Is the Stock Overvalued?

    Finance

    Grassi Invest Mngmt reported 127,321 shares stake. The stock has "Buy" rating by Susquehanna on Tuesday, January 9. At the time, the company said he'd failed to conform to its "standards of conduct". Lululemon Athletica inc . has a fifty-two week low of $47.26 and a fifty-two week high of $83.98. Shorter or longer timeframes are used for alternately shorter or longer outlooks.
  • How to protect your personal info on Facebook

    How to protect your personal info on Facebook

    Finance

    Zuckerberg still held more than 8.2 million Facebook shares after the most recent sale this month, the filings show. Assistant professor Christo Wilson, whose research involves large-scale measurements of Facebook, said this was "absolutely a violation of people's expectations and a breach of trust".
  • Saudi Arabia allies with SoftBank on whopping 200-GW solar plan

    Saudi Arabia allies with SoftBank on whopping 200-GW solar plan

    Finance

    In light of this new agreement, a new solar company will be established to start-up two solar plants with a capacity to generate 3 gigawatts and 4.2 gigawatts. Installation of the solar panels is planned to start this year, and the project should start producing electricity by the middle of next year. The initial investment is $5 billion, of which $1 billion will come from the SoftBank fund.
  • Bottle refund scheme gets green light in big clean-up

    Bottle refund scheme gets green light in big clean-up

    Finance

    Retailers could be compelled to install thousands of reverse vending machines, which return the deposit in cash or as a voucher when an empty container is inserted. Since taking over as Environment Secretary he has won over green groups with a blitz on waste - revealing plans to extend a plastic bag charge to small shops and in February suggesting plastic straws could be banned .
  • BTS Selected For Forbes's 30 Under 30 Asia List

    BTS Selected For Forbes's 30 Under 30 Asia List

    Finance

    Momina is recognized for her "newfound exposure to advocate for social causes important to her, including women's rights, cyberbullying and mental health awareness". By cofounding Pixel Art Games Academy, Bashir has connected the gaming indusrty's demands with education, preparing people in video game development and employment prospects.