Markets

by | March 29, 2018 | 07:29

The broader Nifty closed the fiscal with gains of 939.95 points, or 10.25 percent. During the previous fiscal, it scored gains of 1,435.55 points, or 18.55 per cent. Domestic institutional investors (DIIs) bought shares worth a net Rs 2,017.95 crore, while foreign portfolio investors (FPIs) sold shares of Rs 741.19 crore yesterday.

by | March 29, 2018 | 07:08

Stocks have been volatile in the session after the main US indexes notched their best day in 2-1/2 years on Monday on waning concerns of a trade war between the United States and China. Its up 0.06, from 1.15 in 2017Q3. It also reduced its holding in Qualcomm Inc Com (NASDAQ:QCOM) by 16,791 shares in the quarter, leaving it with 22,752 shares, and cut its stake in Powershares Etf Tr Ii Sovereign Debt (PCY).

by | March 29, 2018 | 03:42

The Emolument's clause bars the President from accepting payments from a foreign government. A handful of other lawsuits making the accusation have also been filed, but looming over them all is the question of who actually has legal standing to file the suit.

by | March 29, 2018 | 02:47

US shale producer Concho Resources Inc on Wednesday agreed to buy rival RSP Permian Inc in an $8 billion all-stock deal that could trigger a wave of consolidation in the fast-growing Permian Basin oilfield. As per Friday, February 24, the company rating was upgraded by Morgan Stanley. The rating was maintained by Northland Capital on Wednesday, January 31 with "Corporate".

by | March 29, 2018 | 02:47

The reported altitude would put the UFO well above the range of consumer drones. Two pilots who were navigating two separate planes have both reported an unidentified flying object that was hovering about 40,000 feet in the Arizonian air.

by | March 29, 2018 | 02:45

On March 16, before Wylie's whistleblowing was made public, Facebook's share price was at $185.09. And CEO Mark Zuckerberg has spent years denying the company has ties to USA defense agencies. "Learning of the recent meddling in a free USA election further demonstrates another concern we have of how they handle users' data - more than 25 million of which are Playboy fans - making it clear to us that we must leave the platform", Hefner tweeted.

by | March 29, 2018 | 02:31

Atlanta's municipal government has been brought to its knees by a ransomware attack - one of the most sustained and consequential cyberattacks ever mounted against a major US city. "This is much bigger than a ransomware attack, this really is an attack on our government", Mayor Keisha Lance Bottoms said at a Monday presser about the e-attack, per Reuters , adding, "We are dealing with a [cyberhostage] situation".

by | March 29, 2018 | 01:45

El AL claims that allowing Air India to fly in using that airspace when they can not violates the 1944 Convention on International Civil Aviation, as well as promises that the Israeli government made to ensure "sound and fair competition" when El Al was privatized by the Israeli government in 1994.

by | March 29, 2018 | 01:41

The departure comes a week after an Uber autonomous vehicle struck and killed a woman crossing a street in Arizona . Aptiv says that Uber disabled the XC90's standard collision avoidance technology, which is after all standard practice, as the ride-hailing company is looking to test its own autonomous driving systems.

by | March 29, 2018 | 01:01

GDP increased at an annual rate of 2.9% in the fourth quarter of 2017, according to Commerce's Bureau of Economic Analysis (BEA), a falloff from the 3.2% real GDP registered in the third quarter. In the second estimate, the increase in real GDP was 2.5%. In the third quarter, GDP had grown at a clip of 3.2%. In another indicator sign of a slowing economy, profits from current production-corporate profits with inventory valuation adjustment and capital consumption adjustment-decreased $1.1 ...

by | March 29, 2018 | 00:56

Her lawyers' motion said U.S. Attorney Sara Sweeney sent them an email Saturday revealing some details of the FBI's involvement with Seddique Mateen's activities leading up to the Pulse attack. Ahmed Bedier, the president of United Voices for America, a Muslim American organization, said that the trial has been an attempt to "scapegoat" Salman since the FBI's incompetence led to the Pulse shooting.

by | March 28, 2018 | 22:49

The ride-hailing service has fought a year-long court battle over its self-driving auto unit and put up a fight in late 2016 when it was asked to get a permit; Uber agreed to get one early last year. Most notably, Uber reduced the number of LIDAR sensors on its vehicles when it shifted from its prototype Ford Fusion sedans to the Volvo XC90 SUVs, Reuters reports .

by | March 28, 2018 | 17:24

Oracle's revenue was up 5.4% on a year-over-year basis. The total dollar value of all 4.24 billion outstanding shares is 197.13 billion. The institutional investor held 2.42M shares of the prepackaged software company at the end of 2017Q3, valued at $117.01 million, up from 2.24 million at the end of the previous reported quarter.

by | March 28, 2018 | 16:19

While the kingdom has for years sought to get a foothold in clean energy, it's was only in 2017 that ministers moved forward with the first projects, collecting bids for a 300-megawatt plant in October. The projects are expected to create an estimated 200,000 jobs in Saudi Arabia and increase GDP by $12 billion, as well as save an annual estimated amount of $40 billion.

by | March 28, 2018 | 16:15

The process could be as simple as placing the plastic or glass bottle into a vending machine, which will then return the original money spent. The scheme will cover single-use glass and plastic bottles, and steel and aluminium cans. "Both the public and businesses are in favour of a strong deposit return scheme, which is a tried and tested way to increase recycling rates", she said.

by | March 28, 2018 | 09:16

RBC Capital Markets analyst Amit Daryanani has revealed that upcoming smartphones of Apple are going to get a price cut of at least $100 as compared to last year's iPhone X, as reported on BGR . Further down the line-up, I'd expect to see the iPhone 8 and 8 Plus, as well as the iPhone SE, live on as cheaper options for consumers. There are also rumors that it will be a pure bezel-less device like iPhone X, however, we don't believe that Apple will do this to their budget ...

by | March 28, 2018 | 06:58

Model 3 deliveries have fallen short of Chief Executive Officer Elon Musk's lofty goals since the company started building it in July. The NTSB is sending two investigators to examine issues raised by a fatal Tesla crash in California. The three vehicles were loaded onto tow trucks at about 2:20 p.m. after Tesla engineers investigated the scene and verified it was safe to move the cars, according to the CHP.

by | March 27, 2018 | 21:52

Natixis has 1.01% invested in Bank of America Corporation (NYSE: BAC ). It has outperformed by 41.94% the S&P500. Cullinan Associates Inc decreased its stake in Apple Inc (AAPL) by 4.14% based on its latest 2017Q3 regulatory filing with the SEC.

by | March 27, 2018 | 21:34

Last week GSK walked away from a possible acquisition of Pfizer's consumer health business, which has been valued at almost $20 billion. The companies only launched the joint venture in 2015, but Swiss group Novartis said the deal was at an "attractive price", while Glaxo said it would allow the group to "capture the full value" of the business.

by | March 27, 2018 | 20:23

With the new Insight , Honda will be looking to poach Toyota Prius customers and speaking strictly in design terms, it has all the chances in the world. It utilizes a fully-independent suspension system - Macpherson strut front and multi-link rear - with liquid-sealing compliance bushings at both ends (Touring only).