Finance

A Technical Perspective on Exxon Mobil Corporation (XOM)

Wunderlich Capital Managemnt who had been investing in Suntrust Banks for a number of months, seems to be bullish on the $27.30 billion market cap company. The stock has "Buy" rating by Jefferies on Friday, August 11. The firm has "Market Perform" rating given on Wednesday, January 11 by Wells Fargo. Macquarie Research has "Underperform" rating and $60 target. [Full Article...]

OPEC, Russia agree on framework to extend oil cuts

OPEC, Russia agree on framework to extend oil cuts WTI crude is being supported by the closure of the 590,000-barrel-per-day (bpd) Keystone pipeline following a spill last week. OPEC and non-OPEC countries are discussing several formulas to accommodate the Russian demands, including linking the cuts to the supply-demand balance on the global oil market, or the level of oil inventories in industrialized countries, the people said. [Full Article...]

Shoppers in Lone Tree rush out to get early deals

Shoppers in Lone Tree rush out to get early deals Some shoppers rose before dawn to catch Black Friday deals in Toronto as select stores opened early with sales and discounted merchandise. "Family is with us". "It's a season to give", she said. He said Black Friday has lost its luster over the years as more stores choose to open on Thanksgiving Day. "Years ago, this place would be insane". [Full Article...]

Thousands of Amazon Workers in Europe Go on Strike for Black Friday

Thousands of Amazon Workers in Europe Go on Strike for Black Friday A view of the new Amazon logistic center with the company's logo in Dortmund, Germany November 14, 2017. The strikes in Germany are expected to end Saturday. Amazon in Italy said in a statement that it remained focused on trying to guarantee scheduled deliveries for its customers on "Black Friday" and in the following days. [Full Article...]

Jeff Bezos Is Now Worth $100 Billion

Jeff Bezos Is Now Worth $100 Billion Amazon .com founder and chief executive - and Washington Post owner - Jeff Bezos saw his net worth climb above $100 billion Friday as shares in his online retail giant surged on optimism over holiday sales. "World's Richest Man" is a title Bezos officially earned in October when he beat Gates for the title, a feat he also briefly accomplished in July . [Full Article...]

Office for Budget Responsibility Figures Indicate UK Property Price Rise

Office for Budget Responsibility Figures Indicate UK Property Price Rise The Resolution Foundation said the abolition of stamp duty for first-time buyers of property under £300,000 is is unlikely to be effective in addressing the housing crisis. So, is it a good thing? Although it's likely to benefit those able to afford their first property, it may not bring quite the same benefit for those saving for a deposit. [Full Article...]

Budget 2017: What does the diesel change mean?

Budget 2017: What does the diesel change mean? While Chancellor Philip Hammond focused on the more than £ 500 million investment in pushing electric auto use, for many drivers his plans for diesels had been causing far more concern in the weeks leading up to yesterday's Budget. To be more specific, the UK's Vehicle Excise Duty (VED) for those registering new diesel cars will be raised yet again - a further sign of the United Kingdom governm... [Full Article...]

Mahindra, Uber come together for electric vehicles push in India

Mahindra, Uber come together for electric vehicles push in India Mahindra also has a partnership with Ola in which the ride-hailing company agreed past year to procure 40,000 vehicles, including electric variants. In October, the government issued a tender to purchase 10,000 electric sedans -billed as the world's single-largest electric vehicle procurement program. [Full Article...]

Japan's Mitsubishi Materials reports faked quality data

Japan's Mitsubishi Materials reports faked quality data None of the cases have been found to have caused any safety problems so far, Mitsubishi Materials said. The news comes after Kobe Steel, Japan's No. A company spokesman for both parent and subsidiary declined to confirm this. If the index falls in the morning, the Bank of Japan (BOJ) often buys ETFs to support it. [Full Article...]

S&P Maintains Status Quo On India's Sovereign Rating

S&P Maintains Status Quo On India's Sovereign Rating S&P's said it has a favourable view of the reforms the government has undertaken. In October, S&P had said India needs to improve its fiscal position for a rating upgrade. In August 2006 Fitch Ratings upgraded India to investment grade at "BBB-', with a stable outlook, from BB+". S&P said the Narendra Modi government has managed to pass a number of reforms to address long-standing impediment... [Full Article...]

Shoppers hitting the stores for early Black Friday sales

Shoppers hitting the stores for early Black Friday sales The first ones in line were the Kemp's. "But the difference is on Boxing Day you're out spending the gift cards you got, buying something for yourself, whereas Black Friday is more like 'I'm going to go out and start my Christmas shopping'". [Full Article...]

Vodafone offers 1GB data and unlimited calling at Rs 199

Vodafone offers 1GB data and unlimited calling at Rs 199 Earlier this week, Vodafone announced a new plan under which the telecom operator is offering 1.5GB data per day along with unlimited calls - both local and STD at Rs 349. However, Airtel has not listed the plan officially, but the offer has been found listed under the "best offers for you" section in My Airtel app. The daily limit for voice calls is 250 minutes per day and the same on a weekly ba... [Full Article...]

Shoppers ready for deals on Black Friday

Shoppers ready for deals on Black Friday Several stores will open on Thanksgiving Day to offer deep discounts to shoppers, among those are both Meijer and Walmart. Black Friday shoppers in Baton Rouge lined up early in an attempt to get the first chance at the best deal . Decked out in matching shirts- they've been Black Friday professionals for years and have no plans to stop anytime soon. Footlocker featured $60 redtagged sneake... [Full Article...]

Early Black Friday Shopping, Thanksgiving Day Store Hours 2017

Early Black Friday Shopping, Thanksgiving Day Store Hours 2017 Others like the idea of getting a head-start on knocking items off their holiday shopping lists before, after or in lieu of the turkey feast. Target will be opening its doors at the three locations surrounding St. Dick's Sporting Goods: Opens at 6 p.m. Lowes Foods will be open until 4 pm on Thanksgiving Day. KMart: Opens 6 a.m. Walgreens: Most Walgreens stores will be open regular... [Full Article...]

Sensex, Nifty End Range-bound Session Higher

Sensex, Nifty End Range-bound Session Higher The NSE Nifty50 edged higher by 15.40 points or 0.15 per cent to close at 10,342.30 points, while the Sensex closed at 33,561.55 points - up 83.20 points or 0.25 per cent. Markets will remain shut for Thanksgiving holiday today. Early on, the 30-share Sensex had slipped to 33,468.30, but some last-minute buying saved the day as the index settled up 26.53 points, or 0.08 percent, at 33,588.08. [Full Article...]

American Airlines Group, Inc. (AAL) Shares Bought by American Century Companies Inc

Highpower International Inc (NASDAQ:HPJ) has risen 140.54% since November 21, 2016 and is uptrending. It has outperformed by 5.71% the S&P500. Wellington Shields & Company decreased American Airlines Group Inc (AAL) stake by 45.45% reported in 2017Q2 SEC filing. [Full Article...]

Clampdown on 'misleading' advertised broadband speeds

Clampdown on 'misleading' advertised broadband speeds Current guidance only demands that 10% of customers should experience the advertised speed, meaning the vast majority of users could be achieving line speeds of under what providers have promised in their adverts. Advertising speeds only a fraction of customers can receive helps no one - it damages provider reputation and stokes fury among customers. It should also be made clear that these are ave... [Full Article...]

Chennai: Associate director's death reveals plague of loan sharks in Kollywood

Chennai: Associate director's death reveals plague of loan sharks in Kollywood India Today quoted Sasikumar as saying, "He (Ashok Kumar) has been my shadow and had been with me in all my steps". Kumar had been associated with the financer for more than seven years. "Suicide is not a solution and I hereby request Producers to reach out to us if they face such threats from Financiers, we will be more than happy to help them out". [Full Article...]

South Australia's big Tesla battery is built ahead of schedule!…

South Australia's big Tesla battery is built ahead of schedule!… Tesla's battery farm stores energy created from renewable sources like solar panels and wind farm, then feeds it into the national grid when demand is high. When Musk visited in September to mark the halfway point of the project's completion, he compared the speed at which his team had assembled the battery to home renovations. [Full Article...]

FTC evaluating "serious issues" raised by Uber breach

FTC evaluating Uber Technologies Inc paid hackers $100 000 to keep secret a massive breach past year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday. "Uber knew or should have known its security systems were inadequate, particularly in light of the prior data breaches that Uber had experienced, and yet Uber failed to take reasonable pr... [Full Article...]


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