Finance

Households to be given legal right to demand faster broadband

Households to be given legal right to demand faster broadband The government has politely declined BT's offer to implement a voluntary minimum national broadband speed and is going down the regulatory route, promising that "everyone" should have access to a home internet service of at least 10Mbps by the year 2020 as it's to become a legal right. [Full Article...]

European Union court says Uber is taxi service, can be regulated

European Union court says Uber is taxi service, can be regulated Uber argued that it was an information society service - providing a way for people to make contact with each other electronically - and not a cab firm. The decision is binding and can't be appealed. In a statement, Uber says the ruling won't change how it works in the majority of European countries as it already follows many transport regulations. [Full Article...]

Primecap Management Company Has Lifted United Contl Hldgs INC (UAL) Position

As per Friday, September 15, the company rating was downgraded by J.P. Morgan. Denali Advsr Limited has invested 1.65% in United Continental Holdings, Inc. 132.01 million shares or 0.62% less from 132.83 million shares in 2017Q1 were reported. Airain, a Guernsey-based fund reported 274,968 shares. Klingenstein Fields & Lc, New York-based fund reported 20,680 shares. [Full Article...]

General Mills, Inc. (NYSE:GIS) Shares Sold by Symons Capital Management Inc

General Mills, Inc. (NYSE:GIS) Shares Sold by Symons Capital Management Inc The stock of Baidu, Inc. Opus Investment Management Inc. now owns 98,700 shares of the company's stock valued at $5,824,000 after purchasing an additional 10,000 shares in the last quarter. Vanguard Group Inc. now owns 39,968,232 shares of the company's stock valued at $2,214,240,000 after acquiring an additional 533,919 shares in the last quarter. [Full Article...]

Better Upside Than Peers? - Gilead Sciences, Inc. (GILD), Cytokinetics, Incorporated (CYTK)

Gilead Sciences (NASDAQ: GILD ) last released its earnings results on Thursday, October 26th. It has underperformed by 38.50% the S&P500. Jim Simons decreased its stake in G (GIII) by 90.81% based on its latest 2017Q2 regulatory filing with the SEC. [Full Article...]

S Korea bitcoin exchange to file for bankruptcy after hacking

S Korea bitcoin exchange to file for bankruptcy after hacking The cyberattack affected hospitals, banks and companies around the world this year. Analysts say the explosive growth in the value of bitcoin makes it and other " cryptocurrencies " an attractive target for North Korea , which has become increasingly isolated under worldwide sanctions imposed over its nuclear weapons and missile programmes. [Full Article...]

General Motors (GM) Raised to "Strong-Buy" at Vetr

The company holds 3.93 billion outstanding shares and 3.81 billion shares are floating in market. Ford Motor Company's now has a PEG ratio of - where as its P/E ratio is 11.49. Sei has 965,187 shares for 0.13% of their portfolio. Bessemer Group Inc invested in 0% or 13,479 shares. Koch holds 813,093 shares or 0.22% of its portfolio. [Full Article...]

Bridges Investment Counsel Inc. Lowers Holdings in Amazon.com, Inc

Amazon Com Inc now has $569.83 billion valuation. ( AMZN ) escalated 0.97% and closed its last trading session at $1190.58. Alleghany De reported 120,000 shares. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant's stock worth $23,160,193,000 after buying an additional 554,990 shares during the period. [Full Article...]

Most Active Stock Now: Kinder Morgan, Inc. (NYSE:KMI)

It has underperformed by 3.61% the S&P500. (NYSE: KMI ). Private Advisor Grp Inc Llc holds 0.14% in Kinder Morgan , Inc. The hedge fund held 6.49 million shares of the public utilities company at the end of 2017Q2, valued at $124.31M, up from 4.19 million at the end of the previous reported quarter. [Full Article...]

The NXP Semiconductors NV (NXPI) Receives Media Sentiment Score of 0.19

Menora Mivtachim Holdings Ltd who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $351.43 billion market cap company. Cubic Asset Limited Liability Co has invested 0.11% in Ventas, Inc. Lombard Odier Asset Mgmt (Switzerland) Sa has 1.06% invested in Ventas, Inc. It also upped Harley (NYSE:HOG) stake by 29,310 shares and now owns 121,818 shares. [Full Article...]

Bitcoin price plummets as Coinbase adds support for rival bitcoin cash

Bitcoin price plummets as Coinbase adds support for rival bitcoin cash Bitcoin cash is an offshoot of bitcoin, and was created in August of this year with the intention of speeding up the time it takes the cryptocurrency to process transactions. Which even prompted CoinBase to tweet to critics: There was indeed an uptick in Bitcoin Cash purchases just minutes before CoinBase's update, although no definitive proof of why. [Full Article...]

Blackout at Atlanta airport leaves thousands stranded

Blackout at Atlanta airport leaves thousands stranded And intelligence experts have cautioned that hackers might be able to blow out generators across major regions of the country, leaving chaos in their wake. Some passengers complained about a lack of information from airport officials and little help from first responders to get the disabled and the elderly through the airport without the use of escalators and elevators. [Full Article...]

11 dead, 20 injured in Mexico tour bus crash

11 dead, 20 injured in Mexico tour bus crash Quintana Roo state Civil Defense spokesman Vicente Martin said that at least seven Americans and two citizens of Sweden are among the injured. Mexican officials said seven Americans and two Swedes were among the people injured in the crash, the Associated Press reported. [Full Article...]

Mild through Thursday, rain chance Friday

Mild through Thursday, rain chance Friday It will be tough to rule out a few flakes, but no major storms are in the future. We'll keep you posted as new information becomes available. There's no rain ahead of it, and there's no genuinely cold air behind it. Dry conditions will remain until late Friday night, when our next shot at rain arrives. There's still a lot of uncertainty with the set up and just how cold it will be, but there rem... [Full Article...]

Charles Schwab Corp (SCHW) EVP Sells 1982 Shares of Stock

New York State Common Retirement Fund bought 426,721 shares as the company's stock declined 7.92% while stock markets rallied. The institutional investor held 700,020 shares of the consumer services company at the end of 2017Q2, valued at $48.95 million, up from 612,331 at the end of the previous reported quarter. [Full Article...]

Brokers Opinions on: Discovery Communications, Inc. (NASDAQ:DISCK)

About 210,111 shares traded. It has underperformed by 16.38% the S&P500. The company has a current ratio of 5.87, a quick ratio of 5.87 and a debt-to-equity ratio of 2.56. RBC Capital Markets maintained Discovery Communications, Inc . As per Friday, February 19, the company rating was maintained by M Partners. A number of other research firms also recently weighed in on DISCA . [Full Article...]

Anonymous donor puts $200000 check into Salvation Army kettle

Anonymous donor puts $200000 check into Salvation Army kettle The Brighton and Green Oak Fire Departments partnered up this year, and firefighters rang at six of the 16 locations, ringing for a total of 54 hours. Because a bulk of red kettle donations come in the evening, it is unknown what the loss of donations would be for Tuesday night, officials said, however, these kettles average $5,000 to $6,500 a day. [Full Article...]

The Carnival Corporation (CCL) Updates Q3 Earnings Guidance

About 433,278 shares traded. (OTCMKTS:OWCP) has 0.00% since December 19, 2016 and is. It has underperformed by 4.51% the S&P500. Checchi Capital Advisers Ltd Liability Company has 4,393 shares. Carnival Corporation ( CCL ) has the market capitalization of 46.64 Billion. Ftb Incorporated accumulated 3,883 shares. Hexavest reported 1.47% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). [Full Article...]

Trump rejoices on Twitter after Dow notches new record

Trump rejoices on Twitter after Dow notches new record The strong rally suggests that investors also believe that with lower corporate taxes looming, stock prices are still affordable. "Interest rates are going up, with tax-cut stimulus expected and the stocks that go up the most are the ones that benefit the most from tax cuts", said John Serrapere, Arrow Funds Director of Research. [Full Article...]

Indices at record closing high; auto, metal stocks gain

Indices at record closing high; auto, metal stocks gain Auto and consumer durable stocks drove the show. Beyond the assembly election results , investors will be keeping an eye on global factors like the progress on United States tax reforms and crude oil prices. Hence, even though the BJP is on track to form government in both Gujarat and Himachal Pradesh, we still expect some shades of populism to emerge. The rupee recovered from early losses, but... [Full Article...]


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