Finance


Uber's self-driving cars back in California Uber's self-driving cars back in California
- March 11, 2017

Nobody at Uber was immediately available for comment. Uber now joins the list of over 20 companies including Waymo, Tesla and Baidu, that had been issued autonomous vehicle testing permits as of yesterday. Even though Uber now has permission from California to operate its self-driving cars, John Simpson of Santa Monica-based advocacy organization Consumer Watchdog remained uneasy about the technology. (more...)
Sean Spicer says Trump 'absolutely' doesn't regret wiretapping claims against Obama Sean Spicer says Trump 'absolutely' doesn't regret wiretapping claims against Obama
- March 11, 2017

Aside from his restrained laughter, Spicer's comment was akin to telling Black Lives Matter protestors that "all lives matter". Spicer said he talked to the president specifically about this issue, and Trump told the press secretary to quote him directly: "They may have been phony in the past, but they're very real now". (more...)
Pregnant Ciara Involved in Car Accident in LA Pregnant Ciara Involved in Car Accident in LA
- March 11, 2017

However, photos taken by paparazzi show, she's walking and standing fine while talking on the phone. According to the Los Angeles Fire Department, the traffic accident was reported at 11:48 a.m. She also has a two-year-old son with her ex, rapper Future. Ciara and the other driver exchanged insurance information, adds TMZ , "but neither of them was seriously injured". (more...)
Activists take teepees and protest against pipeline to National Mall Activists take teepees and protest against pipeline to National Mall
- March 11, 2017

GOP North Dakota Gov. Doug Burgum ordered the protesters' campsites be cleaned up to avoid an "environmental disaster" during the spring when flooding could sweep trash and human waste through drinking water sources - the very thing protesters said the pipeline would do. (more...)
Sean Spicer: We Need to Appreciate Women '365 Days a Year'
- March 10, 2017

The back-and-forth comes almost one week after Trump tweeted , without evidence, that former President Barack Obama had ordered the wiretapping of phones in Trump Tower before the election - an action that if true and done legally would mean Trump was the subject of an FBI counterintelligence investigation. (more...)
Featured Stock to Focus: Digital Realty Trust Inc. (NYSE:DLR)
- March 10, 2017

Standard Life Investments LTD now owns 142,309 shares of the real estate investment trust's stock valued at $14,247,000 after buying an additional 2,042 shares in the last quarter. Several equities analysts have commented on DLR shares. Zacks Investment Research lowered QTS Realty Trust from a "hold" rating to a "sell" rating in a report on Thursday, December 29th. (more...)
U.S. trade deficit at its highest monthly level since 2012 U.S. trade deficit at its highest monthly level since 2012
- March 10, 2017

China's trade balance was thrust back into the spotlight by Donald Trump during the U.S. presidential election campaign. "In the near term, China is expected to increase exports and return to a trade surplus as it rides a gradual improvement in global trade since mid-2016, economists said". (more...)
AIG CEO Peter Hancock to resign, Icahn cheers move AIG CEO Peter Hancock to resign, Icahn cheers move
- March 10, 2017

AIG shares rose 1.7 percent to $64.50 at 8:41 a.m.in early trading in NY. AIG is one of the few insurers labeled by the US government as being a significantly important financial institution (SIFI), which makes it subject to tougher capital requirements and supervision. (more...)
(RAD) Lifted to "Strong-Buy" at Vetr Inc
- March 10, 2017

Considering the earnings reaction history, The Company has topped 66% percentage. According to Financial Times, The 6 analysts offering 12 month price targets for Rite Aid Corporation have a median target of 6.50, with a high estimate of 6.75 and a low estimate of 6.25. (more...)
Focusing on the weekend winter weather Focusing on the weekend winter weather
- March 10, 2017

Once that system moves through Friday morning, another round of precipitation is expected to move in Saturday , giving some Arkansans the chance of seeing a wintry mix. A wind advisory has been issued for Berkshire and Litchfield counties until 5 p.m. Gusts of up to 50 miles per hour are expected. Northeast wind around 10 miles per hour. (more...)
Aldermore Group PLC's (ALD) Buy Rating Reiterated at Deutsche Bank AG
- March 09, 2017

Barclays PLC lowered their price target on shares of Direct Line Insurance Group PLC from GBX 366 ($4.48) to GBX 357 ($4.37) and set an equal weight rating on the stock in a research report on Monday, November 21st. The business also recently disclosed a dividend, which will be paid on Monday, February 13th. If you are viewing this news story on another site, it was stolen and republished in violation of United States & global copyright & trademark laws. (more...)
Exxon Mobil to Invest $20 Billion in US, Projects 45K Jobs Created Exxon Mobil to Invest $20 Billion in US, Projects 45K Jobs Created
- March 09, 2017

Gulf Coast", Woods said in a speech at the gathering of oil execs CERAWeek, Reuters reported . Exxon said that these expansions had begun in the year 2013 and the growth since then has been increasing and has been facilitated by extended timeline. (more...)
By Some Counts, Shoppers' Interest in Ivanka Trump's Brand Surged in February By Some Counts, Shoppers' Interest in Ivanka Trump's Brand Surged in February
- March 09, 2017

Ivanka Trump's brand generally makes the headlines for all the wrong reasons. Oh, I didn't know she had a handbag line. Part of the boost could stem from White House advisor Kellyanne Conway's public endorsement of the Trump fashion line on an interview with "Fox & Friends", where she told viewers to go "buy Ivanka's stuff". (more...)
OECD Says Global Growth To Pick Up Modestly Amid Vulnerabilities, Risks OECD Says Global Growth To Pick Up Modestly Amid Vulnerabilities, Risks
- March 09, 2017

Moreover, "financial vulnerabilities and policy risks could derail the modest [global economic] recovery", writes the OECD Chief Economist Catherine Mann. The OECD report said the US and Canada are projected to lead the Group of Seven countries in economic growth this year, with the next highest G7 country being Germany at 1.8 per cent GDP growth. (more...)
On Women's Day, defiant girl statue stares down Wall Street bull On Women's Day, defiant girl statue stares down Wall Street bull
- March 09, 2017

According to State Street, although there has been progress regarding the inclusion of women on corporate boards, one of four Russell 3000 companies has no women on its board of directors, and almost 60% of Russell 3000 companies have boards of directors in which women comprise less than 15% of the board membership. (more...)
National Football League committee will recommend Raiders relocation proposal
- March 09, 2017

Raiders owner Mark Davis has expressed dissatisfaction with the aging Oakland Coliseum, in the San Francisco Bay Area, and for much of previous year pursued a possible move to Las Vegas. Dallas Cowboys owner Jerry Jones is reportedly taking part in the effort to bring the Oakland Raiders to Las Vegas. "Bank of America is well-known in the NFL". (more...)
Uber will operate in BC by end of 2017: transportation minister Uber will operate in BC by end of 2017: transportation minister
- March 09, 2017

But it will loosen some regulations for drivers in the process, including a requirement for a specialized driver's licence. In addition, the government committed to allowing taxis to move across municipal boundaries to drop off and pick up at any time and anywhere. (more...)
Women across USA to strike in opposition to Trump era
- March 09, 2017

Demonstrators gathered in front of San Francisco City Hall on Wednesday, March 8, 2017 , for a rally as part of nationwide events dubbed the International Women's Strike and A Day Without a Woman . Even though the A Day Without a Woman strike isn't happening until March 8, it's already caused an entire North Carolina school district to cancel classes. (more...)
NCLT rejects Cyrus Mistry's plea against mismanagement at Tata Sons NCLT rejects Cyrus Mistry's plea against mismanagement at Tata Sons
- March 08, 2017

According to the companies act, the individual/party holding one-tenth of issued share capital can only file the petition against the company. Tata Sons argued that if preference capital is also considered, the two petitioner firms hold only 2.17 per cent of the total issued share capital of Tata Sons, while the Pallonji Mistry Group holds 18.4 per cent of ordinary share capital. (more...)
Samsung Pay now officially available in India
- March 08, 2017

The Galaxy S8 is believed to sport the new Qualcomm Snapdragon 835 chipset (for USA models) or a new Exynos processor (for worldwide models), backed by 4GB of RAM. Samsung Pay actually only works with the newer devices like the Galaxy S7, Galaxy S7 edge , Galaxy Note 5, Galaxy S6 edge+. The Smartphone will be having 16-megapixel at the rear and a secondary 16-megapixel camera in the front followed with an expectation of 300mAh battery. (more...)
Crude Oil Still Stuck Near $53 Crude Oil Still Stuck Near $53
- March 08, 2017

Last year, China's economy grew 6.7 per cent. "Compliance from the 11 member countries needs to improve and the present agreement needs to be prolonged beyond June in order to achieve meaningful drawdown in global oil inventories", PVM analyst Tamas Varga said. (more...)
Crude Oil Prices Fell Sharply In Asian Trading, More Downside Is Limited
- March 07, 2017

Oil prices edged lower Monday, as investors continued to weigh OPEC's production cuts against rising production in the U.S. "According to this information, oil output in February was 776,400 bpd", the press service said . Gasoline futures rose 1.92 cents, or 1.16 %, to $1.6723 a gallon - their second highest settlement value of the year. The Azerbaijani Energy Ministry revised its forecast for oil output, following the struck of the first since 2001 deal between OPEC and non-OPEC states to ... (more...)
Standard Life gets weak upper hand in fund merger Standard Life gets weak upper hand in fund merger
- March 07, 2017

In the statement announcing the deal, the two firms said that "savings are expected" in the firms' networks of sales offices around the world, from "consolidating operations where Standard Life and Aberdeen both have a presence in the same location".The two firms will also seek savings in head office costs. (more...)
Caterpillar officers at company headquarters raided by federal agents Caterpillar officers at company headquarters raided by federal agents
- March 06, 2017

The U.S. Attorney's Office also confirmed the searches in Peoria, East Peoria and Morton. Agents from the Internal Revenue Service, the Federal Deposit Insurance Corp. "We believe the relevant transactions complied with applicable tax laws and did not violate judicial doctrines", Caterpillar said in the disclosure. (more...)
Zacks estimated an EPS of $2.25 for Frontier Communications Corporation (NASDAQ:FTR)
- March 06, 2017

Frontier Communications Corporation (FTR ) now trades with a market capitalization of $3.32 Billion. Latest closing price was -17.91% below its 50-day moving average and -30.37% below its 200-day moving average. BlackRock Inc. now owns 2,327,625 shares of the company's stock worth $9,684,000 after buying an additional 68,907 shares during the period. Veritable L.P. (more...)