Buffett's company buys 10 pct of real estate investment firm

On Monday, real-estate investment trust Store Capital Corp . disclosed Berkshire has purchased a 9.8% stake in the firm. Arizona-based Store Capital has some insulation from the ongoing problems in traditional shopping retailers. He said Buffett... More..

by | Published more than a month ago
by | Tuesday, June 27, 2017

Legal & General Group Plc (LGGNY) Analyst Recommendation

About 35,542 shares traded. As per Monday, August 22, the company rating was maintained by Macquarie Research. The Company's divisions include Destination and Premium, which consists of food and drink sales, ac...More..

Air bag recalls, lawsuits lead Takata to file for bankruptcy
by | Tuesday, June 27, 2017

Air bag recalls, lawsuits lead Takata to file for bankruptcy

The company's bankruptcy filings cleared the way for a $1.6 billion takeover of most of Takata's assets by rival Key Safety Systems , which is based in Detroit but owned by a Chinese company. Takata also pl...More..

by | Tuesday, June 27, 2017

Trump to welcome India's prime minister to White House

As Trump pledged on the day of his inauguration that it's going to be only "America first" and Prime Minister Modi has been highlighting his "Make in India" and "Digital India" programmes, Sunny Ghai said India...More..

Ontario to call public inquiry into Elizabeth Wettlaufer nursing home murders
by | Tuesday, June 27, 2017

Ontario to call public inquiry into Elizabeth Wettlaufer nursing home murders

She said she recalled picking up her late aunt's belongings at the Caressant Care nursing home in Woodstock and embracing Wettlaufer - the nurse she'd later learn had killed Helen. At Monday's hearing, family a...More..

Grenfell Tower response: 100% failure on 60 high-rise safety tests
by | Monday, June 26, 2017

Grenfell Tower response: 100% failure on 60 high-rise safety tests

The council leader said she was determined to try to convince remaining residents to leave, but if some still refused, the council would have to take action to remove them. "The decision by Camden Council to ev...More..

by | Monday, June 26, 2017

Italian PM 'guarantees' savers' accounts in 2 troubled banks

A Banca Popolare di Vicenza sign is seen in Rome, Italy , March 29, 2017. The decree split the two lenders' assets into "good" and "bad" banks. The government kicked in 5.2 billion euros to keep the takeov...More..

Puerto Rico votes in favor of U.S. statehood
by | Monday, June 26, 2017

Puerto Rico votes in favor of U.S. statehood

Ninety-seven percent of the votes favored statehood but voter participation was just 23% after opposition parties called for a boycott of what they called a "rigged" process in part over the ballot language. fe...More..

by | Monday, June 26, 2017

SpaceX launches 10 satellites from California air base

That occurred successfully less than eight minutes after liftoff. "This launch is a ideal demonstration of the high level of teamwork and precision that exists between Team Vandenberg and SpaceX". "Rocket is ...More..

by | Monday, June 26, 2017

PM Modi's one-on-one with Trump, 'working dinner' to start shortly

Our people and institutions have steadfastly viewed democratic change as an instrument for renewal and resurgence", he said. Modi at the Ritz Carlton said the surgical strikes conducted by India across the ...More..

Takata files for bankruptcy, overwhelmed by air bag recalls
by | Monday, June 26, 2017

Takata files for bankruptcy, overwhelmed by air bag recalls

In a joint statement released Sunday evening in NY and Monday morning in Tokyo , Takata said most of its assets would be taken over by Key Safety Systems, a Japanese-owned rival based in Detroit, for about...More..

UK's new aircraft carrier sets sail for first time
by | Monday, June 26, 2017

UK's new aircraft carrier sets sail for first time

Britain's largest and post powerful warship is due to set sail for the first time today, after its construction was marred by delays and cost overruns, in addition to doubts over whether the Royal Navy will be ...More..

by | Monday, June 26, 2017

Bizarre Story of How Amazon and Whole Foods Deal Came to Be

Stock prices for grocery sellers like Costco, Target, and Kroger have tanked since word broke of Amazon's acquisition, and some Whole Foods loyalists have bashed the deal as a sellout that could destroy a r...More..

by | Monday, June 26, 2017

Why Investors remained confident on Oracle Corporation (ORCL), General Electric Company (GE)?

About 358 shares traded. Vestor Cap Limited Liability Corporation has invested 0.01% of its portfolio in Oracle Corporation (NYSE:ORCL). It has underperformed by 2.62% the S&P500. The rating was maintained by...More..

by | Monday, June 26, 2017

Flight diverted to remove 'potential threat' from plane

Gillentine said the woman had been " acting erratically " before boarding the plane, and was seen " only walking backward ", by the flight crew. The flight was headed for Houston's Hobby Airport. The woman, w...More..

Pandora CEO Tim Westergren said to plan stepping down
by | Monday, June 26, 2017

Pandora CEO Tim Westergren said to plan stepping down

According to Recode , which cites "people familiar" with the plans, Westergren won't go anywhere until a replacement has been found and is in place. Reached by Variety , a rep for the company declined to com...More..

by | Monday, June 26, 2017

Debenhams Plc (DEB) Given Average Rating of "Hold" by Analysts

The stock was sold at an average price of GBX 280 ($3.57), for a total transaction of £66,049.20 ($84,149.83). (NYSE:DNP) has risen 9.00% since June 22, 2016 and is uptrending. The company was maintained on Fri...More..

by | Monday, June 26, 2017

With Travis Kalanick Out, Uber Searches for a New CEO

An Uber spokesperson confirmed to TechCrunch that Kalanick has actually stepped down. Uber in recent months has been reeling from a number of controversies and missteps, including allegations of widesprea...More..

by | Monday, June 26, 2017

Takata, brought down by airbag crisis, files for bankruptcy

The company's defective airbag inflators, which can explode and send shrapnel into drivers and passengers, have been blamed for 11 deaths in the USA and several others elsewhere. It faces lawsuits and tens of b...More..

by | Monday, June 26, 2017

Lower oil prices set to test U.S. shale drillers: Kemp

The surprise increase was another sign of persistently weak gas demand even as the summer driving season revs up. The API reported builds of around 2.8 million barrels in U.S. "Crude oil is still struggling to ...More..

by | Monday, June 26, 2017

What marijuana legalization did to car accident rates

A study published Thursday afternoon in the American Journal of Public Health concluded that in the three years since Colorado and Washington voted to legalize marijuana for adult recreational use, mo...More..

QinetiQ Group plc (QQ) Receives GBX 264.83 Consensus Target Price from Analysts
by | Monday, June 26, 2017

QinetiQ Group plc (QQ) Receives GBX 264.83 Consensus Target Price from Analysts

Among 5 analysts covering Helical Bar ( LON:HLCL ), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. They now have a GBP 236.00p price target on the stock. Therefore 54% are positive. GBX 612.6...More..

by | Monday, June 26, 2017

Air-Bag Maker Takata Files For Bankruptcy In Delaware, Japan

Key Safety's purchase will exclude the assets and operations related to Takata's manufacturing and sale of ammonium nitrate airbag inflators, according to the company. He has promised to resign after a new mana...More..

England v South Africa Now Sold Out
by | Monday, June 26, 2017

England v South Africa Now Sold Out

But a Test series against England is the centrepiece of a four-month tour.However, it has always been planned that de Villiers would miss the four-Test campaign to take a break from the strain of being one ...More..

by | Monday, June 26, 2017

Japanese air bag maker Takata files for bankruptcy protectio

US-based Key Safety Systems ( KSS ) has bought all of Takata's assets, apart from those relating to the airbags. Long crippled by lawsuits and recall costs over its faulty air bags, Takata, the Japanese a...More..

Investors Cut Bets on Brent Crude Rally, Raise Bets Against
by | Monday, June 26, 2017

Investors Cut Bets on Brent Crude Rally, Raise Bets Against

In the week to June 20, benchmark Brent crude futures LCOc1 fell by 5 percent to around $46 a barrel, their lowest since November 2016. WTI-Brent spread was stable on Jun-2017. "This plan has failed to notch up...More..

E-commerce Giant Amazon to purchase Whole Foods for $13.7 billion
by | Monday, June 26, 2017

E-commerce Giant Amazon to purchase Whole Foods for $13.7 billion

They don't wash your hair, but short of that. He said that even if Amazon gets 20 million members of its Prime loyalty program to pay $15 a month extra for AmazonFresh grocery-delivery service, that's 20 mi...More..

Surgical strikes prove India can defend itself: Modi
by | Monday, June 26, 2017

Surgical strikes prove India can defend itself: Modi

Praising the steps being taken by the Indian government in the last three years, he said the U.S. companies are looking forward to the roll out of the GST . Since taking office in 2014, Modi has been trying ...More..

by | Monday, June 26, 2017

Trump, Modi seek rapport despite friction on trade, immigration

They also highlighted the social initiatives their companies were involved in India on issues such as women empowerment, digital technology , education and food processing. In advance of the meeting , the T...More..

3 dead, including 2 children, in Mississauga crash
by | Monday, June 26, 2017

3 dead, including 2 children, in Mississauga crash

A four-year-old and a 12-year-old died in hospital. Two adults, a man and woman and a seven-year-old girl were injured in the crash and taken to hospital. Peel Regional Police are investigating the crash and ...More..

Cable vehicle crash in Kashmir kills seven
by | Monday, June 26, 2017

Cable vehicle crash in Kashmir kills seven

Four others were injured in the accident that occurred because of strong winds. After the incident, the ropeway was stopped, with scores of tourists stuck in the cable cars at different altitudes. It is the...More..

Boeing unveils Boeing '797' at Paris Air Show
by | Monday, June 26, 2017

Boeing unveils Boeing '797' at Paris Air Show

The newly placed order will allow United to become the largest single 737 MAX 10 customer in the world. In addition, Boeing said 214 of the orders for the new 737 Max 10 were conversions from prior ...More..

Italy makes 5.2B euros in resources to keep 2 banks afloat
by | Monday, June 26, 2017

Italy makes 5.2B euros in resources to keep 2 banks afloat

Up to 3,900 voluntary redundancies and 600 branch closures are on the cards as the Italian government winds up two insolvent Venetian banks to avert a possible threat to the country's banking system, it was ann...More..

GOP senators call for more time to debate, change health care bill
by | Monday, June 26, 2017

GOP senators call for more time to debate, change health care bill

The Senate's No. 2 Republican said the Senate is on pace to hold a key procedural vote Wednesday. Johnson said he is looking forward to working with Senate leadership and the president to "improve the bill ...More..

Fed expected to raise rates today: 4 things to know
by | Monday, June 26, 2017

Fed expected to raise rates today: 4 things to know

While inflation has moderated in recent months, the Fed seems to be attributing this mostly to one-off factors. Greg McBride, Bankrate's chief financial analyst, said: "As expected, the Federal Reserve...More..