Allahabad Bank Q4 net profit at Rs 111 crore as provisions fall

The bank posted net profit of Rs 261.90 crore this period, compared to net loss of Rs 5,367.14 crore in the similar period of the previous year. Total revenues of the company rose 26.99 per cent to Rs 1,937.58 crore in the quarter under review ... More..

by | Published more than a month ago
by | Wednesday, May 17, 2017

Oil rises 2% after Saudi and Russian Federation back longer supply cut

Investors that had turned bearish in recent weeks rushed to cover short positions. Their latest joint action was spurred by oil prices dropping to under $50 per barrel, below their budget needs. "There's no dou...More..

by | Wednesday, May 17, 2017

3-D printed ovaries may restore fertility in cancer survivors

Woodruff and her team found that the pattern in which the 3D ovary was printed had a significant impact on whether the bioprosthetic ovary actually worked. "3-D printing is done by depositing filaments", said R...More..

Analysts Set American Eagle Outfitters (AEO) PT at $17.68
by | Wednesday, May 17, 2017

Analysts Set American Eagle Outfitters (AEO) PT at $17.68

The stock presently has a consensus rating of Hold and a consensus price target of $17.56. Jefferies Group LLC reissued a buy rating and set a $19.00 target price on shares of American Eagle Outfitters in a r...More..

United Kingdom wages ex-bonuses slip to 2.1% - GBP ignores
by | Wednesday, May 17, 2017

United Kingdom wages ex-bonuses slip to 2.1% - GBP ignores

Wages, excluding bonuses, were up 2.1 per cent in the three months to March, but fell 0.2 per cent after inflation is taken into account, according to government statisticians. Productivity growth is crucial to...More..

by | Wednesday, May 17, 2017

China releases list of achievements from Belt and Road Forum

In contrast, Xi said China's Belt and Road plan would be inclusive and open to all. Reacting to India's non-participation in One Belt, One Road (OBOR) initiative, China on Wednesday said the project is for th...More..

by | Wednesday, May 17, 2017

USA laptop ban could be extended to flights from UK

The European Union is requesting urgent talks with the US over the matter, NPR's Soraya Sarhaddi Nelson reports. Expanding the electronic ban to Europe could affect tens of millions: about 30 million peop...More..

IEA Oil Market Report Sees Bumpy Road to Rebalancing
by | Wednesday, May 17, 2017

IEA Oil Market Report Sees Bumpy Road to Rebalancing

West Texas Intermediate , the US benchmark for the price of oil, was up 3.5 percent to $49.57 per barrel. "We assume that the main thing is not the price, but the (intention) to bring average monthly reserves...More..

by | Wednesday, May 17, 2017

Missile Defence 101: N. Korea could hit with little warning

Han said Sunday's test-launch was "successful in flight". Pyongyang tested a missile capable of carrying a nuclear warhead on Sunday, in a launch hailed as its most successful ever. The South Korean, Japanese...More..

All Blacks to play test match in Japan in 2018
by | Wednesday, May 17, 2017

All Blacks to play test match in Japan in 2018

New Zealand coach Hansen said the Japan game would help with their preparations for the global showpiece. They played Japan in Tokyo twice in 1987 (the matches weren't given test match status) and again in 2013...More..

by | Wednesday, May 17, 2017

United Nations mulls tougher sanctions against North Korea

Sunday's missile launch angered the White House which said the North had "been a flagrant menace for far too long" and called for tougher sanctions against Pyongyang. Though Haley indicated that no concrete san...More..

by | Wednesday, May 17, 2017

WannaCry malware virus possibly linked to North Korea

Researchers have said that some of the code used in Friday's ransomware, known as WannaCry software, was almost identical to the code used by the Lazarus Group, a group of North Korean hackers who used a simi...More..

by | Wednesday, May 17, 2017

Israel Was Source Of Information Revealed By Trump

That official said the Obama administration also anxious that Trump advisers may have been making copies of classified information, but it's unclear whether the outgoing officials were able to verify those co...More..

US stocks mostly lower; Nasdaq hits new high
by | Wednesday, May 17, 2017

US stocks mostly lower; Nasdaq hits new high

Shares of TJX Cos slumped, down 4.2 per cent as of 3.04pm in NY, after the owner of TJ Maxx, Marshalls and Winners stores became the latest United States retailer to post quarterly results that fell short of ex...More..

by | Wednesday, May 17, 2017

Lawmakers call for Comey to testify about Flynn request

Trump said last week in an interview with NBC News that the investigation was on his mind when he chose to fire Comey on Tuesday, prompting lawmakers to call for a special prosecutor. Top administration offic...More..

Euro spurs higher against Dollar
by | Wednesday, May 17, 2017

Euro spurs higher against Dollar

The euro extended its recent gains amid concerns by dollar bulls that political turmoil over the Atlantic will push back the implementation of much-anticipated reforms by the Trump administration. Technology st...More..

Snowbirds Grounded, Airshows Cancelled
by | Wednesday, May 17, 2017

Snowbirds Grounded, Airshows Cancelled

Airshow YQG, scheduled for May 27 and 28 in Windsor, Ont., was cancelled entirely after the Snowbirds pulled out, according to media reports. The buzz and excitement for an upcoming Canadian Forces Snowbirds ...More..

Dick's Sporting Goods Stock Drops on Disappointing Comps
by | Wednesday, May 17, 2017

Dick's Sporting Goods Stock Drops on Disappointing Comps

The Price T Rowe Associates Inc holds 4.10M shares with $199.65M value, down from 4.68 million last quarter. The Illinois-based Citadel Advsrs Ltd has invested 0% in Dicks Sporting Goods Inc (NYSE: DKS ). WAR...More..

Family focus under fire at Bombardier
by | Wednesday, May 17, 2017

Family focus under fire at Bombardier

Two of Quebec's largest institutional investors say they won't support the re-election of Bombardier executive chairman Pierre Beaudoin, dealing a fresh blow against the manufacturer's controlling family just a...More..

Earnings at the Forefront For Urban Outfitters, Inc
by | Wednesday, May 17, 2017

Earnings at the Forefront For Urban Outfitters, Inc

As the earnings date approaches, we can see that insider ownership is now 15.10% shares, and institutional ownership is at 79.10% for Urban Outfitters, Inc. Urban Outfitters had revenues of $284.8 million, dow...More..

Le Pen copied speech by Fillon
by | Wednesday, May 17, 2017

Le Pen copied speech by Fillon

Le Pen called Macron the candidate of "the caviar left" and "moralizing snobbery" and warned that his pro-business policies wouldn't create jobs but send them overseas and leave French workers hungry. "I will n...More..

EXACT Sciences (EXAS) Receiving Very Positive Press Coverage, Analysis Shows
by | Wednesday, May 17, 2017

EXACT Sciences (EXAS) Receiving Very Positive Press Coverage, Analysis Shows

P/E of the company is not reported. However previously on 2/21/17 it was upgraded by The Benchmark Company from Hold to Buy. Zacks Investment Research lowered EXACT Sciences from a "buy" rating to a "hold" ra...More..

by | Wednesday, May 17, 2017

Technical Analysis That Matters: Forterra, Inc. (FRTA), Cabot Oil & Gas Corporation (COG)

Shares of Forterra, Inc. Cabot Oil & Gas Corporation (COG) lost -1.89% to reach $24.34 in the previous trading session. Cabot Oil & Gas Co.'s payout ratio is -14.55%. If you are viewing this piece on another ...More..

Petroleo Brasileiro SA Petrobras Sees Unusually High Options Volume (PBR)
by | Wednesday, May 17, 2017

Petroleo Brasileiro SA Petrobras Sees Unusually High Options Volume (PBR)

Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR ) shares has displayed a low EPS growth of -22.30% in last 5 years. Wetherby Asset Management Inc. Petroleo Brasileiro S.A. - Petrobras ( PBR ) has an Ave...More..

Twitter shares rise on word of Biz Stone's return
by | Wednesday, May 17, 2017

Twitter shares rise on word of Biz Stone's return

Fast forward to 2017: Dorsey has been back in Twitter's CEO seat for two years. Stone is returning to a very different Twitter than the company he left - one that has seen an exodus of top staffers amid t...More..

Rue21 files for bankruptcy as retail woes drag on
by | Wednesday, May 17, 2017

Rue21 files for bankruptcy as retail woes drag on

Retailers face debt and online competition. The struggling Pittsburgh-based merchant is seeking reorganization of its finances a month after announcing it will close almost 400 stores nationwide, including it...More..

by | Wednesday, May 17, 2017

Carney plays it safe as snap United Kingdom election looms

The bank also warned that it may need to hike up interest rates sooner than the market thinks. Mr Carney said the Bank now believed Britain's economy would grow by less than 2 per cent in 2017 after a sluggis...More..

Europe vehicle sales drop 6.8% in April on VW, British slump: ACEA
by | Wednesday, May 17, 2017

Europe vehicle sales drop 6.8% in April on VW, British slump: ACEA

With at least two fewer selling days compared with a year ago, industrywide registrations dropped 6.8 percent to 1.23 million vehicles last month, according to the Brussels-based European Automobile Manufacture...More..

Cyber attack could spark lawsuits but not against Microsoft
by | Wednesday, May 17, 2017

Cyber attack could spark lawsuits but not against Microsoft

Universities in the USA dodged the initial wave of a massive cyberattack that, among other disruptions, paralyzed hospitals in Britain, shut down telecommunications services in Spain and brought a temporary hal...More..

How to keep your PC safe from the massive ransomware attacks
by | Wednesday, May 17, 2017

How to keep your PC safe from the massive ransomware attacks

Smith's blog post did not address another factor in the ransomware's spread, one that hints at the difficulty of uniting against a hacking attack: Users of pirated Microsoft software are unable to download th...More..

Workers say Wal-Mart discriminated against thousands of pregnant women
by | Wednesday, May 17, 2017

Workers say Wal-Mart discriminated against thousands of pregnant women

Fort Point Capital Partners LLC increased its position in shares of Wal-Mart Stores by 0.4% in the third quarter. Denali Advisors LLC now owns 255,377 shares of the retailer's stock valued at $18,418,000 after ...More..

by | Wednesday, May 17, 2017

Conte expects Chelsea great Terry to play on

The visiting Hornets formed the customary honour guard for the champions ahead of the contest, which turned out to be a lot more exciting than expected. The Blues have been the best team in the English top fl...More..

by | Wednesday, May 17, 2017

Amtrak engineer faces charges in fatal 2015 derailment

On May 12, 2015 Amtrak train 188 travelling from Washington, DC to New York City derailed on the outskirts of Philadelphia. The crash killed eight people and injured some 200 others. They found no evidence he...More..

Starbucks Registers Down in Widespread Outage
by | Wednesday, May 17, 2017

Starbucks Registers Down in Widespread Outage

A Starbucks spokesperson in Canada confirmed to Reuters that some payment systems at a limited number of stores were offline "as a result of a system upgrade". The issue, first reported by Twitter users, is aff...More..

by | Wednesday, May 17, 2017

Pound slips below $1.29 as Bank of England warns of a slowdown

The small downgrade comes after a first quarter in which slower consumption put a brake on growth, with a weak 0.3 per cent quarterly expansion that surprised many economists. The central bank trimmed its forec...More..

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