Markets

by | March 20, 2018 | 12:49

One of the biggest institutional shareholders in GKN has come out against the £8 billion hostile takeover of the aircraft and auto parts maker by Melrose, after another dramatic day of counterpunches between the rival parties. Sclater said that a month ago, Melrose appeared to suggest that its plan to pay £150m into the pension scheme was sufficient. "Since announcing the deal to bring GKN Driveline and Dana together, I have had the opportunity to speak to many of our shareholders and ...

by | March 20, 2018 | 12:00

Channel 4's chief executive, Alex Mahon, said it needs to "focus on increasing the proportion of women in higher-paid roles". Channel 4's pay gap compares poorly to the BBC where men earn an average of 9.3% more than women. For example, 21% of female employees at Stephenson Harwood work in lower-paid secretarial roles. Meanwhile, the channel's bonus gap is even more disparate, with a gap of 47.6%.

by | March 20, 2018 | 11:51

Global equities are on their worst run since November. At the Multi Commodity Exchange, gold for delivery in April month fell by Rs 49, or 0.16 per cent, to Rs 30,175 per ten grams in business turnover of 66 lots. Gold is highly sensitive to rising United States interest rates, becoming less attractive to investors as it does not bear interest. Trade will be top of the agenda at a two-day G20 meeting starting later on Monday in Buenos Aires and any signs of escalating stress between the ...

by | March 20, 2018 | 10:22

Alps Etf Tr (Call) (AMLP) was raised too. Since January 16, 2018, it had 0 buys, and 5 sales for $6.52 million activity. $4.01 million worth of stock was sold by HAYS ED on Tuesday, January 23. 260,546 are owned by Armstrong Henry H Associate Inc. Estabrook Management owns 28,739 shares. Acadian Asset Mgmt invested in 0.91% or 1.25 million shares.

by | March 20, 2018 | 10:20

Read Also Gudi Padwa and Navratri 2018: Facebook, WhatsApp Status Messages, SMS, Images & Quotes for your loved ones Another Hindu festival that starts today is Chaitra Navratri . A special Gudi flag, generally of yellow or red colour, is made and is garlanded with flowers, mango and neem leaves. While the tenth day of Sharad Navratri is celebrated as Dussehra or Vijayadashami, the ninth day of Chaitra Navratri is celebrated as Ram Navami or Hindu Lord Rama's birthday.

by | March 20, 2018 | 07:34

But, what about the smallest computers around? The processor is created to help track goods and combat fraud in the global supply chain, and while it won't be doing heavy lifting or have much in common with what most people consider a computer, IBM claims it will be capable of monitoring, analyzing and sorting data, thanks to having access to about as much power as a 1990s x86 processor.

by | March 20, 2018 | 04:15

The news comes a week after a 20-year-old Hillsboro man filed a lawsuit against the company demanding it sell him ammunition. 'We are now working on plans to responsibly phase out sales of firearms and ammunition'. The company, a subsidiary of Cincinnati, Ohio, -based Kroger Co ., didn't give a timeline in the statement. The retailer, which stopped selling assault-style rifles in its Fred Meyer stores several years ago, on March 1 announced it would no longer sell guns to those under 21, ...

by | March 20, 2018 | 03:45

Ford recently estimated that SUV sales will grab half of the total US new-vehicle market by 2020. VW plans a five-passenger version of the vehicle in addition to the seven-passenger Atlas that was introduced in 2017. VW started producing the Atlas in Chattanooga in 2016. In February, sales of the Passat sedan dropped 50 percent compared to the prior year. "I think the fact that they've stayed here, stayed committed, kept investing, says a lot about the workforce right here in Chattanooga ...

by | March 20, 2018 | 03:18

The restaurant has more than 6,800 locations worldwide. Last year, Dairy Queen franchisees contributed almost $300,000 in one day for local hospitals. Free cones will be available during regular business hours all day long. Last year, Dairy Queen says that it raised more than $300,000 during last year's Free Cone Day.

by | March 20, 2018 | 02:00

R Pikes Peak. This all-electric prototype racing auto will compete in the Pikes Peak International Hill Climb on June 24 in Colorado. At the same time, it is also the first step towards an intensification of the cooperation between Volkswagen R and Volkswagen Motorsport.

by | March 20, 2018 | 01:43

The airline had during the October-December quarter received compensation from Pratt & Whitney for the disruption of flights due to technical snags in the engines earlier. IndiGo said the problem did not pertain to the ongoing concerns with the geared turbofan engines. The number of flights cancelled between March 25 and March 31 stands at 16 per day, the airline indicated.

by | March 20, 2018 | 01:17

Msdc Management Lp who had been investing in Apollo Global Mgmt Llc for a number of months, seems to be bullish on the $12.81B market cap company. California Resources Corporation (NYSE:CRC) closed at $14.89 a share in the latest session and the stock value rose nearly -23.41% since the beginning of this year.

by | March 20, 2018 | 00:41

The government will now consider the recommendations and won't necessarily agree to them. The £30 limit would apply to non-slot games such as roulette - by far the most popular FOBT game - while slot games would have a maximum stake of £2, under the proposals.

by | March 19, 2018 | 21:47

While Shah Rukh is giving the intense expression that got him the loverboy tag, Katrina looks gorgeous in monochromic poster. The diva, who has completed Aamir Khan's Thugs Of Hindostan, is now busy shooting for Shah Rukh Khan starrer Zero .

by | March 19, 2018 | 21:17

The sharp drop in Abe's popularity could endanger his chances for a third term as leader of the ruling Liberal Democratic Party and a three-year extension of his prime ministership. Support ratings for his Cabinet have plunged below 40 per cent in four separate media polls at the weekend, but he said it is now his task to look into why the doctoring happened, and to win back public trust.

by | March 19, 2018 | 20:25

More than 70 flights, mostly on short-haul routes, have been cancelled although British Airways flights to NY and Chicago are among those affected. 'We are offering customers due to travel with us this weekend the opportunity to postpone their journey up until Wednesday. "During cold weather conditions aircraft have to be de-iced prior to departure to ensure that they are safe and additional measures are taken to ensure the safety of our operation is maintained at all times".

by | March 19, 2018 | 18:33

Shares in Hammerson were up 26% at 549.60 pence early Monday. Matthew Saperia, analyst at Peel Hunt, said: "Despite the board rejection [of the Kléppiere offer], Hammerson is now in play and the likelihood of its proposed merger with Intu Properties proceeding has decreased considerably".

by | March 19, 2018 | 18:26

Claire's Stores, a mall retailer of jewelry and accessories for teens and a provider of ear piercing, said Monday that it had filed for Chapter 11 bankruptcy protection and would lower its debt by about $1.9 billion. Claire's has been struggling with a heavy debt load that left it with fewer options in dealing with online competition. The company sells its products at more than 7,500 locations in 45 countries around the world.

by | March 19, 2018 | 17:48

Shares in Micro Focus (LON:MCRO) have lost more than a half of their value in today's session, as the technology group warned on its full-year revenues. The company's statement added that its cost savings drive was ahead of schedule and its net debt was expected to be in line with expectations. Micro Focus was founded in 1976 and floated on the London Stock Exchange in 1998.

by | March 19, 2018 | 15:14

The Chinese giant acquired control of Lazada in 2016 with an investment of US$1 billion before increasing its stake to 83% following an injection of another US$1 billion previous year. Bittner, who has been CEO since 2012, will take on a senior advisory role at Alibaba. This move brings Alibaba's total investment in Lazada to US$4 billion.