Finance

Sensex, Nifty Close At Record Highs, SBI Jumps 28%

Sensex, Nifty Close At Record Highs, SBI Jumps 28% The Sensex of the BSE , which opened at 32,619.26 points, closed at 32,607.34 points, higher by 100.62 points or 0.31 per cent from Monday's close at 32,506.72 points. Both Sensex and Nifty were trading at a new life time high. The benchmark NSE index rose as much as 1.3 percent to a record high of 10,340.55, while the BSE index climbed as much as 1.6 percent to a record high of 33,117.33. [Full Article...]

Virginia benefitting in multistate Deutsche Bank settlement

Of the $220 million agreed to by Deutsche, more than $213 million will be made available to entities that had swap and other investments with the bank. And in June the bank settled with other plaintiffs for $170 million over alleged manipulation of Euribor, a different lending average. The bank has also reached multiple rate-rigging settlements in private United States investor lawsuits. [Full Article...]

TRI Pointe Group's (TPH) "Outperform" Rating Reaffirmed at Wedbush

BNP Paribas Arbitrage SA boosted its position in TRI Pointe Group by 2,558.6% in the second quarter. Wells Fargo & Company MN now owns 123,004 shares of the construction company's stock valued at $1,543,000 after buying an additional 6,083 shares during the period. [Full Article...]

Daimler debuts all-electric heavy-duty E-Fuso Vision One truck

This move makes MFTBC the first OEM to launch a brand exclusively dedicated to electric buses and trucks, according to the company. Daimler did not reveal anything about the concept's powertrain, but electric motors are a flawless fit for commercial vehicles tasked with moving heavy payloads around. [Full Article...]

Officer takes birthday boy out for dinner

Officer takes birthday boy out for dinner Robinson soon learned it was the boy's birthday, as well. The child's parent is in jail and the school had no other known family contacts. Green Bay police posted the story to Facebook and the story exploded across the internet, collecting 11,000 likes and 1,800 shares by midday Wednesday. [Full Article...]

Marathon Petroleum Corporation (MPC) is Fox Run Management LLC's 2nd Largest Position

Marathon Petroleum Corporation (MPC) is Fox Run Management LLC's 2nd Largest Position Marathon Capital Management has 6,317 shares. Swift Run Capital Management Llc holds 9.01% of its portfolio in Marathon Petroleum Corp for 298,706 shares. Howard Weil maintained it with "Sector Outperform" rating and $50 target in Thursday, February 4 report. The firm has "Strong Buy" rating given on Monday, October 31 by Raymond James. [Full Article...]

Metallica, Dave Matthews Band, G-Eazy Lead Wildfire Benefit Concert

Metallica, Dave Matthews Band, G-Eazy Lead Wildfire Benefit Concert On November 9, San Francisco's AT&T Park will host Band Together Bay Area , a benefit show for those who were affected by the massive wildfires that displaced thousands and killed over 40. "The best seats will be donated to first responders, volunteers, and others impacted by the fires". Members of the Metallica fan community can purchase pre-sale tickets tomorrow. [Full Article...]

United States oil price falls amid rising stockpiles

West Texas Intermediate, the US benchmark for the price of oil, was down 0.59 percent to $52.16 per barrel. An EIA report Wednesday is forecast to show US crude stockpiles fell by 3 MMbbl last week, according to the median estimate in a Bloomberg survey of analysts . [Full Article...]

Tesla Restores Power To A Children's Hospital In Puerto Rico

Tesla Restores Power To A Children's Hospital In Puerto Rico The installation is capable of generating 500 kilowatts of power, enough to run most of the hospital's equipment. Tesla has also delayed an event to show off its electric semi truck, pushing the reveal back until next month while it focuses on restoring power in Puerto Rico . [Full Article...]

Jennison Associates LLC Acquires Shares of 14172 Walgreens Boots Alliance, Inc. (WBA)

On Wednesday, Walgreens blamed termination fees and costs related to its pursuit of rival Rite Aid Corp. for a 22 percent drop in fiscal fourth quarter earnings, which fell to $802 million from $1.03 billion. Finally, Signature Estate & Investment Advisors LLC bought a new position in shares of Walgreens Boots Alliance during the 1st quarter worth $197,000. [Full Article...]

Uber unveils a branded credit card

Uber unveils a branded credit card Yes, that's right, the auto service app has teamed up with United Kingdom bank Barclays to launch its own credit card. From next month, U.S. riders can apply for the card from within the Uber app and get a decision on their credit worthiness within minutes. [Full Article...]

Forex - Canadian Dollar Falls on Dovish Bank of Canada

The economy is in a "sweet spot" where it "could be capable of generating more non-inflationary growth than we are assuming", Poloz said in a press conference following the rate decision. Meanwhile, increasingly synchronized global growth paints a relatively sunny picture of foreign demand for Canadian goods and services in the future, although uncertainty surrounding the future of the North Ameri... [Full Article...]

Labour MP Jared O'Mara Suspended After Sexist Comments Controversy

Labour MP Jared O'Mara Suspended After Sexist Comments Controversy Labour MP Jared O'Mara has been suspended by the party following the publication of a series of historic sexist and homophobic forum posts. Labour MPs have called for O'Mara to be suspended from the party while the investigation takes place. [Full Article...]

NAACP Warns Black Passengers Against Flying on American Airlines

NAACP Warns Black Passengers Against Flying on American Airlines Gibson said American will invite NAACP representatives to meet at the company's headquarters in Fort Worth, Texas, for "a meaningful dialogue" about the airline. "The mission statement of the NAACP states that it 'seeks to remove all barriers of racial discrimination, '" Parker wrote in a letter to employees on Wednesday, which was seen by Reuters. [Full Article...]

Carjacking in South Africa at its worst level in a decade

Carjacking in South Africa at its worst level in a decade Police Minister Fikile Mbalula presented the past year's crime statistics to Parliament's Portfolio Committee on Police on Tuesday, revealing that 16,717 cases of carjacking were reported in 2016/2017. Mbalula said that while police should shoulder some blame for the rise in the number of cash-in-transit heists, he said banks and security companies did not invest enough in state-of-the-art vehicl... [Full Article...]

United Kingdom economic growth picks up slightly in third quarter

It had been as high as 5.75% in mid-2007. Nonetheless, most economists polled by Reuters think it would be a mistake for the BoE to hike interest rates now, in part because of the economic uncertainty generated by the Brexit process. The pound rose more than a cent against the dollar and almost a cent against the euro in the first couple of hours of trading after the announcement. [Full Article...]

England's wonderkids face Brazil test in Under-17 World Cup semi-final

England's wonderkids face Brazil test in Under-17 World Cup semi-final England's under-20s won their World Cup in June and the under-19s landed the European Championship in July. He had difficulty in converting two of them and his pass had too much in it on the third, where he had the chance to set Paulinho up in front of an empty net. [Full Article...]

India expected to have 478 million air passengers in 2036: IATA

India expected to have 478 million air passengers in 2036: IATA According to the latest 20-year air passenger forecast released by the International Air Transport Association (IATA), China is now predicted to overtake the U.S.as the most important aviation market in the world by 2022, two years earlier than the previous forecast. [Full Article...]

Trading Indicator Watch on Shares of Texas Instruments (TXN)

Trading Indicator Watch on Shares of Texas Instruments (TXN) Whittier Trust Co. increased its stake in Texas Instruments by 4.6% in the 3rd quarter. Texas Instrs Inc now has $95.24B valuation. Ferguson Wellman Capital Management Inc sold 141,054 shares as the company's stock rose 5.05% with the market. [Full Article...]

Trading Calls: Buy HDFC Bank, Bank Of Baroda, Says Expert

The bank's overall provisions nearly doubled to Rs 1,476 crore from the year-ago period's Rs 749 crore. The advances of the bank grew 22.35% over the previous year to Rs 604,867 crore, contributed by both the retail and corporate books, expanding the lender's balance-sheet to Rs 9.33 lakh crore at the end of the second quarter. [Full Article...]


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