Finance


Regentatlantic Capital LLC Reduces Position in Mondelez International Inc (NASDAQ:MDLZ)
- February 17, 2018

The institutional investor held 88,690 shares of the savings institutions company at the end of 2017Q3, valued at $4.38 million, up from 77,315 at the end of the previous reported quarter. About 9.01 million shares traded or 4.87% up from the average. 9,084 are held by Commerzbank Aktiengesellschaft Fi. Haverford Fincl Ser stated it has 1.84% in Mondelez International, Inc. (more...)
Is the worst of stock market turmoil over — Markets Q&A Is the worst of stock market turmoil over — Markets Q&A
- February 17, 2018

That comes after a remarkably calm year for stocks: there were only eight days in 2017 where the S&P 500 rose or fell at least 1 percent. The Dow Jones Industrial Average was up 0.1.23% at 25,200.37 while the S&P 500 gained 1.21% at 2,731.20 and the Nasdaq was up 1.58% at at 7,256.43. (more...)
EU's top negotiator calls for clarity from London on Brexit EU's top negotiator calls for clarity from London on Brexit
- February 17, 2018

But standing next to Mrs May, the German leader said: 'I'm not frustrated at all. Instead, Ms May will propose a new UK-EU security treaty to maintain full cooperation - and argue that only "rigid institutional restrictions" in Brussels jeopardises it. (more...)
PNB fraud: Nirav Modi, Choksi summoned in money laundering case PNB fraud: Nirav Modi, Choksi summoned in money laundering case
- February 17, 2018

Meanwhile, reports are coming that Nirav Modi has left this country along with family in the first week of January itself. The diamond merchant is an India citizen but his brother Nishal and wife Ami are not Indian nationals, the officials said. (more...)
Sale of TV rights to hurt Premier League Sale of TV rights to hurt Premier League
- February 16, 2018

Along with BT they have paid £4.46billion to show 160 live games a season starting in 2019-20. The Premier League auction remains ongoing and BT Group will continue to engage with the Premier League regarding the remaining rights. - Near-live long-form rights to 180 non-live matches per season, for linear and on-demand exploitation. The successful broadcasters - BT and Sky - are listed companies and are required to announce publicly the details of their acquisitions. (more...)
Important Factors to Analyse a Good Investment: Exxon Mobil Corporation (XOM)
- February 16, 2018

The volume of the company in the last trading session was 90.4 Million. Shortening the period, the five-month price index is -, the three-month price index is -, while the one month price change is now 2.54. Rockefeller Financial Services Inc. raised its stake in shares of Exxon Mobil by 15.5% in the third quarter. Ltd. increased its position in shares of Exxon Mobil by 2.7% during the second quarter. (more...)
Indian investigators raid billionaire jeweller's offices Indian investigators raid billionaire jeweller's offices
- February 16, 2018

According to the sources, a Look Out Circular was issued against Modi along with his wife Ami, brother Nishal Modi and Mehul Choksi in the Punjab National Bank (PNB) fraud case on January 31. The bank further said that these unauthorised transactions were done for a few account holders and based on these transactions other banks have advanced money in the foreign accounts of these customers. (more...)
Rauner proposes education spending boost, $50M for Quincy home fix Rauner proposes education spending boost, $50M for Quincy home fix
- February 16, 2018

Gov. Bruce Rauner proposed shifting the responsibility for paying pension costs to local school districts and public universities in an attempt to balance the state budget Wednesday. "The people of IL are taxed out". Leslie Schermerhorn, McHenry County's regional superintendent of schools, said it's questionable that there would be any advantage to the plan to pass pension costs to local school districts. (more...)
Former MLB Pitcher Esteban Loaiza Arrested With 20 Kilograms Of Cocaine Former MLB Pitcher Esteban Loaiza Arrested With 20 Kilograms Of Cocaine
- February 16, 2018

Former All-Star pitcher Esteban Loaiza has been arrested on suspicion of trafficking drugs after packages containing a white powder believed to be cocaine were found at a home he rented in Southern California, officials said Monday. It was not immediately known if Loaiza had hired a lawyer and the former player could not be reached to comment. Loaiza was born in Tijuana, Mexico, just across the border from Imperial Beach. (more...)
Kim Cattrall makes it clear to Sarah Jessica Parker: They're not friends Kim Cattrall makes it clear to Sarah Jessica Parker: They're not friends
- February 15, 2018

Recently Kim was in the news again, this time for her brother tragically passing away after being found dead in Canada. On Sept. 28, Daily Mail exclusively reported that Cattrall and her "ridiculous demands" pulled the plug on the film . (more...)
The robotic dog that can open doors The robotic dog that can open doors
- February 15, 2018

If the company managed to program Spot Mini to actually open the door on its own in order to help free its friend, well, perhaps it's time to be concerned. SpotMini is electrically actuated, has a 3D vision system, and 17 joints altogether. In the firm's previous video , the robot is shown walking out of the firm's headquarters and into what appears to be a home. (more...)
You won't BELIEVE what this woman did inside an airport X-ray machine You won't BELIEVE what this woman did inside an airport X-ray machine
- February 15, 2018

I can see them thinking. "You see new unusual things every day", a person wrote on social media after seeing the Dongguan footage. The footage also shows the woman climbing down from the X-ray machine afterward. "Do not [put] yourself into the security inspection machine", passengers were told. While the worker tries to pull the man out, his attempts were in vain and he had to watch as the man was slowly dragged into the X-ray. (more...)
Grand Canyon helicopter crash kills three Grand Canyon helicopter crash kills three
- February 15, 2018

On August 10, 2001, a helicopter flown by Papillon Airways, carrying passengers from NY, took off from McCarran International Airport in Las Vegas about 12:45 p.m.to tour the west Grand Canyon area. "It is with extreme sadness we extend our heartfelt sympathy to the families involved in this accident". "Our top priority is the care and needs of our passengers and our staff". (more...)
San Jose-bound airplane evacuated at SoCal airport with smoke showing San Jose-bound airplane evacuated at SoCal airport with smoke showing
- February 15, 2018

Flights departing and arriving from Chicago's O'Hare Airport didn't fare much better. The Chicago Department of Aviation's website Sunday showed cancellations of all Southwest flights leaving Midway. This marks the second time this winter that Southwest has cancelled flights over de-icing fluid issues at Midway. Southwest confirmed that canceled about 220 flights and has offered refunds or flight vouchers to passengers of the canceled flights. (more...)
Bitcoin mining is swallowing up power resources in Iceland Bitcoin mining is swallowing up power resources in Iceland
- February 15, 2018

Bitcoin is "mined" when "computers solve complex mathematical problems - a process that in turn validates transactions between users of the cryptocurrency", as the BBC explained . But many other analysts say the real figure is likely smaller, and several experts recently told The Washington Post that bitcoin - now the world's biggest cryptocurrency - used no more than 0.14 percent of the world's generated electricity, as of last December. (more...)
Pictou County jewellers and florists get set for Valentine's Day Pictou County jewellers and florists get set for Valentine's Day
- February 14, 2018

The master degree holder in floral design has watched flower arrangements evolve over time. "I think a combination of cut flowers and plants will always be greatly appreciated due to their longevity", McKinley said. A reminder to procrastinators, Valentine's Day is Wednesday. As of yesterday, almost all green houses, including the 19 hectares Magana Flowers facility, had no red roses. (more...)
Industrial production picks up 7.1% in Dec Industrial production picks up 7.1% in Dec
- February 14, 2018

Smartphone prices will be adjusted to account for more rapid technological advancement, while the cost index for used cars and trucks will change from a three-month moving average to a single month price change. FILE PHOTO: A woman shops at an H&M store in New York City, U.S. December 23, 2017. The report sent Treasuries and stocks tumbling, as it added to concerns about an inflation pickup that have roiled financial markets this month. (more...)
Traders Sell The Coca-Cola (KO) on Strength (KO) Traders Sell The Coca-Cola (KO) on Strength (KO)
- February 12, 2018

Patten Group Inc who had been investing in Coca for a number of months, seems to be less bullish one the $203.83B market cap company. The stock increased 0.10% or $0.05 during the last trading session, reaching $47.88. The Coca-Cola now has a consensus rating of "Hold" and an average target price of $49.01. Of those insider trades, 0 shares of The Coca-Cola Company were purchased and 415,278 shares were sold. (more...)
UPS, FedEx fall on report Amazon readying delivery service UPS, FedEx fall on report Amazon readying delivery service
- February 12, 2018

For that reason, Shipping with Amazon is starting small. And if Amazon ends up realizing months from now that it needs an established partner to help solidify its global parcel delivery business, it can go bargain shopping. Amazon would then be able to take the packages they pick up from vendors directly to consumers in the 37 cities where they now make deliveries according to the report. (more...)
Corpse of soldier who died with Ebony Reigns to be court-martial Corpse of soldier who died with Ebony Reigns to be court-martial
- February 12, 2018

Her recent album "Bonyfied", released on December 26, 2017 grabbed a lot of attention, making her the heartthrob of all music lovers. He revealed that Ebony had received several prophecies about her impending death and was desperately doing everything in her power to turn things around for her future, all to no avail. (more...)
Fed Lowers The Boom On Wells Fargo As Yellen Exits Fed Lowers The Boom On Wells Fargo As Yellen Exits
- February 11, 2018

The cumulative impact of the banking problems has weighed on Wells Fargo's financial results. The stock is trading for about -1.21% less than its 52-week high. Caxton Limited Partnership holds 8,500 shares or 0.02% of its portfolio. 133.54 million shares or 0.41% less from 134.09 million shares in 2017Q2 were reported. (more...)
BC's minimum wage will increase to $12.65 an hour on June 1 BC's minimum wage will increase to $12.65 an hour on June 1
- February 11, 2018

Additional increases will come into effect on June 1 of the next three years. "While front-loading the minimum-wage increase will cause challenges for some businesses, the four-year timeline, with projected increases, will help businesses plan and incorporate those costs into their budgets". (more...)
Rise in U.S. oil rigs push Brent oil below $62 Rise in U.S. oil rigs push Brent oil below $62
- February 11, 2018

Crude oil for March delivery was falling $2.06 to $59.09 per barrel in NY while the benchmark Brent crude April contract was slipping $1.76 cents to $63.05 per barrel. The market has been pressured by the weak stock market. US crude inventories rose 1.9 million barrels in the week to February 2, to 420.25 million barrels. (more...)
Bank of England sees rates rising sooner and higher Bank of England sees rates rising sooner and higher
- February 10, 2018

The Bank also released the letter sent by governor Mark Carney to the Chancellor of the Exchequer, Philip Hammond, to explain why inflation had breached the target rate of 3% in November. The other thing we need to keep in mind is that the taxation on capital in India is from several sources - corporate tax rate, dividend distribution tax rate, for dividend income above ₹10 lakh you have marginal tax rate, securities transaction tax and capital gains tax. (more...)
Dow plunges 1000 as market swoons again Dow plunges 1000 as market swoons again
- February 10, 2018

The Nasdaq composite fell 164 points, or 2.3 per cent, to 6,887. Oil prices fell to their lowest in seven weeks amid fears of rising global supplies after Iran announced plans to increase production and USA crude output hit record highs. Technology companies, the leading sector over the past year, and banks fell the most . Analysts say market participants are concerned about rising interest rates, inflation and ballooning government debt. (more...)