RBI cuts repo rate by 25 basis points to 6%

Although month-on-month increases in the price level have been picking up since April, they were weak in relation to the typical food-price driven summer uptick. This was sixth bi-monthly policy review by RBI's Monetary Policy Committee that was form... More..

by | Published 15 days ago
Maruti sales grow 21% in July to 1,65346 units
by | Wednesday, August 02, 2017

Maruti sales grow 21% in July to 1,65346 units

Total sales this fiscal (Apr - Jul 2017) now stand at 559,917 units as against 485,559 for the same period previous year (marking over 15% growth). This includes 154,001 units in the domestic market and 11,345 ...More..

PMI Manufacturing and ISM Manufacturing Show Growth and Mixed Reads on Inflation
by | Wednesday, August 02, 2017

PMI Manufacturing and ISM Manufacturing Show Growth and Mixed Reads on Inflation

The report showed that 27 subsectors of the 34 subsectors surveyed recorded growth during the month. According to CBN, the increase in Manufacturing PMI, indicates expansion in the manufacturing sector for the ...More..

The Fmr LLC Sells 932547 Shares of Ford Motor Company (F)
by | Wednesday, August 02, 2017

The Fmr LLC Sells 932547 Shares of Ford Motor Company (F)

Alliancebernstein L.P. increased its stake in shares of General Motors by 87.0% in the first quarter. Closing price generally refers to the last price at which a stock trades during a regular trading session....More..

Pinnacle Advisory Group Inc. Has $405000 Position in Pfizer, Inc. (PFE)
by | Wednesday, August 02, 2017

Pinnacle Advisory Group Inc. Has $405000 Position in Pfizer, Inc. (PFE)

Orrstown Financial Services Inc. increased its position in Pfizer by 23.0% in the first quarter. Lord Abbett & Company bought 407,228 shares as the company's stock declined 3.45% while stock markets rallied. Th...More..

Scripps Networks Interactive, Inc (NASDAQ:SNI) Receives Neutral Rating from UBS AG
by | Wednesday, August 02, 2017

Scripps Networks Interactive, Inc (NASDAQ:SNI) Receives Neutral Rating from UBS AG

A number of other large investors also recently modified their holdings of the company. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. If you are reading this news story on another publica...More..

2-year-old stops to fist-bump each passenger while boarding flight
by | Wednesday, August 02, 2017

2-year-old stops to fist-bump each passenger while boarding flight

The post has been shared almost 10,000 times. Filmed by his mum Alya on her phone, on the flight from North Carolina to Missouri, she explains to the perplexed strangers: "He wants to fist bump you". "Ironica...More..

Mumbai University UG Result delayed again
by | Wednesday, August 02, 2017

Mumbai University UG Result delayed again

The deadline set by the Governor for the Mumbai University to declare results has come and gone, but the varsity is still chasing its own tail. "Once the education minister gives his clarification, I will g...More..

Russell Investments Group Ltd. Lowers Stake in Pitney Bowes Inc. (PBI)
by | Wednesday, August 02, 2017

Russell Investments Group Ltd. Lowers Stake in Pitney Bowes Inc. (PBI)

More interesting news about Pitney Bowes Inc . For PBI , the company now has $739.55 Million of cash on the books, which is offset by $785.29 Million current liabilities. Pitney Bowes had 5 analyst reports s...More..

U.S. auto sales fall sharply in July
by | Wednesday, August 02, 2017

U.S. auto sales fall sharply in July

Retail sales fell 6% year over year in July and represented 90% of all unit sales. Through July, Ford's total sales are down 4.3% at 1,501,314 vehicles delivered. Volkswagen's sales fell 5.8 percent, while ...More..

Bankrupted Russian firm's jets may become Air Force One
by | Wednesday, August 02, 2017

Bankrupted Russian firm's jets may become Air Force One

Subscribe to the Defense One daily. The irony of this potential deal is the two planes involved were once sold to the bankrupt Russian airline Transaero . It's similar to the way auto dealers discount new ...More..

Dow 22000: Is Today the Day?
by | Wednesday, August 02, 2017

Dow 22000: Is Today the Day?

While investors waited for data on July auto sales out later in the session, both Ford (NYSE:F) and GM (NYSE:GM) disappointed with a monthly decline of 7.5% and 15%, respectively, in their individual numbers....More..

Shopify Inc (US) (SHOP) EPS Estimated At $
by | Wednesday, August 02, 2017

Shopify Inc (US) (SHOP) EPS Estimated At $

Finally, Robert W. Baird restated an "outperform" rating on shares of Shopify in a research report on Monday, July 3rd. Pacific Crest upped their price objective on Shopify from $66.00 to $78.00 and gave th...More..

BP's CEO: Prepare for the new oil price environment
by | Wednesday, August 02, 2017

BP's CEO: Prepare for the new oil price environment

BP made $684 million in the second quarter, down from $720 million in the second quarter of 2016 and from $1.5 billion in the first quarter. The British oil giant, which on Tuesday was the last of the world's...More..

Alpari warns of volatility due to Bitcoin fork, might change trading conditions
by | Wednesday, August 02, 2017

Alpari warns of volatility due to Bitcoin fork, might change trading conditions

Erik Voorhees , the CEO of ShapeShift, a digital trading company, announced the fork on Twitter at about 9:30 a.m. ET. "Regardless of opinions, this is very exciting/fascinating day in cryptoland". What ...More..

by | Tuesday, August 01, 2017

Tesla to launch Model X SUV in Korea this year

Earlier, the Tesla founder had said that he was driven by a passionate desire to make the future better. Model 3 has the goal of being accessible and easy to use. It has one dashboard screen, not two, and...More..

by | Tuesday, August 01, 2017

India cricket schedule 2017: Fixtures, series, matches from September-December

The series would be the concluding act of a limited-overs-heavy home season, with 11 ODIs , nine T20 Internationals and three Tests , during which the Barsapara Cricket Stadium near Guwahati will make its w...More..

Will Katrina Kaif Be Upset With The Makers Of Shubh Mangal Saavdhan?
by | Tuesday, August 01, 2017

Will Katrina Kaif Be Upset With The Makers Of Shubh Mangal Saavdhan?

The Vickey Donor , Ayushmann Khurana who played a sperm donor in his debut movie has to play a sufferer of erectile dysfunction in Subh Mangal Savdhan . The best part of the trailer is the comic sequences and...More..

SBI cuts savings account interest rate, banking stocks rise
by | Tuesday, August 01, 2017

SBI cuts savings account interest rate, banking stocks rise

The bank chose to revise the interest rate due to cut in marginal cost based lending rates (MCLR) by 90 basis points to 8 per cent effective from January 1, 2017. Around 3.27 crore are Internet banking users, 1...More..

EPS for Lexington Realty Trust (LXP) Expected At $0.24
by | Tuesday, August 01, 2017

EPS for Lexington Realty Trust (LXP) Expected At $0.24

BidaskClub raised Physicians Realty Trust from a "hold" rating to a "buy" rating in a research report on Friday, June 23rd. Stifel Nicolaus maintained Lexington Realty Trust ( NYSE :LXP) on Wednesday, July ...More..

Snap Inc. (NYSE:SNAP) Expected to Announce Earnings of -$0.29 Per Share
by | Tuesday, August 01, 2017

Snap Inc. (NYSE:SNAP) Expected to Announce Earnings of -$0.29 Per Share

Snap's IPO priced the stock at $17 a share, above the expected price range, and got a first-day pop of 44% before closing the week up 59%. They noted that the move was a valuation call. ILLEGAL ACTIVITY WARNING...More..

August To Bring Warmer Weather, Chance Of Thunderstorms
by | Tuesday, August 01, 2017

August To Bring Warmer Weather, Chance Of Thunderstorms

The Weather Service said there's a slight chance for showers and thunderstorms on Saturday with skies staying sunny for the most part, the high reaching 75. Low: 71. High: 90. Tuesday will be mostly sunny...More..

Leaked images of Samsung's high-end flip phone leave little to the imagination
by | Tuesday, August 01, 2017

Leaked images of Samsung's high-end flip phone leave little to the imagination

A couple of months back, Samsung SM-W2018 has already been certified by China's regulatory TENAA and FCC. Based on the TENAA listing, it would be a high-end device. The outside screen supports Samsungs Al...More..

To make Messenger chatty, Facebook acquires bot startup Ozlo
by | Tuesday, August 01, 2017

To make Messenger chatty, Facebook acquires bot startup Ozlo

Facebook hopes that the huge database and Ozlo's technology will be particularly tailored to responding to requests for recommendations, and will reply in 'natural language'. Ozlo said that its vision was 'to b...More..

McCarthy & Stone PLC (MCS) Receives Average Recommendation of
by | Tuesday, August 01, 2017

McCarthy & Stone PLC (MCS) Receives Average Recommendation of "Hold" from Brokerages

Its down 3.96% from 9.85M shares previously. With 2.29 million avg volume, 4 days are for KKR & Company LP (NYSE:KKR)'s short sellers to cover KKR's short positions. ClearOne Incoprorated (CLRO) has declined 12...More..

Fiat Chrysler's 2Q17 Results Kept Optimism Alive on Wall Street
by | Tuesday, August 01, 2017

Fiat Chrysler's 2Q17 Results Kept Optimism Alive on Wall Street

It opened the session with a $5.41 price tag, later ranging from $5.41 to $5.47, the range at which the stock has traded at throughout the day. In 2Q17, Fiat Chrysler's adjusted EPS (earnings per share) stood...More..

Sprint shares rise on first quarter
by | Tuesday, August 01, 2017

Sprint shares rise on first quarter

Analysts were modeling a loss of 1 cent per share of Sprint stock and sales of $8.19 billion. Financials: Total revenue of $8.16 billion edged past the $8.13 billion predicted by Wells Fargo Securities anal...More..

Coca-Cola European Partners plc (NYSE:CCE) Achieve New Highs
by | Tuesday, August 01, 2017

Coca-Cola European Partners plc (NYSE:CCE) Achieve New Highs

Coca-Cola Company (The) earned a news impact score of 0.17 on Accern's scale. Other institutional investors also recently added to or reduced their stakes in the company. General Motors Company has a 52.68B m...More..

Tomi Lahren Slams Obamacare After Admitting She Benefits From It
by | Tuesday, August 01, 2017

Tomi Lahren Slams Obamacare After Admitting She Benefits From It

Tomi Lahren , through a fit of kicking, screaming, and social media overuse, has kept herself semi-relevant since she was kicked off Glenn Beck's The Blaze in March. "Well luckily , I'm 24, so I am still...More..

United Kingdom regulator keeps payday loan price cap in place
by | Tuesday, August 01, 2017

United Kingdom regulator keeps payday loan price cap in place

This is partly due to the FCA's recent success in clamping down on overcharging by payday loans providers, and it is this same success that is driving them to intervene with unplanned overdrafts. Bailey added t...More..

Snapdeal ends merger talks with Flipkart to 'pursue independent path'
by | Tuesday, August 01, 2017

Snapdeal ends merger talks with Flipkart to 'pursue independent path'

It has been a roller coaster ride for these two companies since the merger was announced . Though Flipkart declined to confirm that its meeting with Snapdeal was cancelled, the latter's official admitted...More..

Which Analysts Are Watching Summit Midstream Partners, LP (NYSE:SMLP)?
by | Tuesday, August 01, 2017

Which Analysts Are Watching Summit Midstream Partners, LP (NYSE:SMLP)?

Solus Alternative Asset Management Lp sold 394,159 shares as the company's stock rose 9.26% with the market. The Mariner Investment Group Llc holds 165,240 shares with $12.50M value, up from 99,140 last quarter...More..

Deadline Ends For Bids To Host EU Agencies After Brexit
by | Tuesday, August 01, 2017

Deadline Ends For Bids To Host EU Agencies After Brexit

Luxembourg Finance Minister Pierre Gramegna has said Luxembourg is willing to offer the EBA "state-of-the art office space, free of rent", with the building being "ideally located a few minutes' drive from th...More..

Former Ohio State CB Gareon Conley cleared of sexual assault charges
by | Tuesday, August 01, 2017

Former Ohio State CB Gareon Conley cleared of sexual assault charges

The 1st round draft pick was accused of raping a woman at an OH hotel just days before the NFL Draft - and prosecutors kicked the case over to the grand jury on Monday morning. She said Conley then kicked h...More..

by | Tuesday, August 01, 2017

Major South Carolina Nuclear Project Goes Under

Summer Nuclear Station came months after reactor builder Westinghouse Electric Co. filed for bankruptcy, in part because of massive cost overruns at the SC nuclear plant and a similar project owned by South...More..