Finance

Dropbox confidentially files for IPO

Dropbox confidentially files for IPO Reports suggested Goldman Sachs and JPMorgan will lead the listing, although the company is said to be in talks with more banks. The company, valued at nearly $ 10 billion in a private fundraising round in 2014, was seeking to hire underwriters for an IPO, Reuters had reported in June. [Full Article...]

Tesco Ireland sees sales rise over Christmas

Tesco Ireland sees sales rise over Christmas Marks & Spencer noted a fall in revenues in both its food and its clothing and home departments in the 13 weeks to 30 December, the retailer said in a trading statement on Thursday. However, when taking all of the Big 4 retailer's global markets into account, total like-for-like sales grew by 0.6 per cent during that period, but overall sales enjoyed a 1.8 per cent uplift. [Full Article...]

Woman returns 'dead' Christmas tree to Costco in Jan. for full refund

Woman returns 'dead' Christmas tree to Costco in Jan. for full refund So come January, the woman reportedly wanted her money back for her once lively Christmas tree because it was now dead. - What happens when Christmas is over and your tree is dead? "She did get a refund - not happily though". Indianapolis radio host Dave Smiley posted screen grabs from a Facebook page of a California man who claimed to have witnessed the entire incident. [Full Article...]

Bitcoin's rival Ripple just partnered with Moneygram

Bitcoin's rival Ripple just partnered with Moneygram Ripple's transaction fees still remain fractions of a penny, while Bitcoin fees are approximately $30 per transaction. "By using a digital asset like XRP that ‎settles in three seconds or less, our clients can move money as quickly as ‎information."‎. [Full Article...]

Wal-Mart boosts starting wages, pays bonus, expands benefits

Wal-Mart boosts starting wages, pays bonus, expands benefits It is the latest in a line of United States giants that have promised to pass on some of the cash unleashed to staff. Others, including Wells Fargo and AT&T have promised wage rises or bonuses. Walmart has invested $2.7 billion in higher wages and training for workers to lower turnover and make the shopping experience more appealing. The payscale for hourly workers will be from $11 to $24.70 per... [Full Article...]

Trump would welcome challenge from Oprah Winfrey for President

Trump would welcome challenge from Oprah Winfrey for President Oprah has in the past said that she has no plans on running for elected office, but sources close to the celebrity have said since that awards speech that she is "actively considering" running for president against Trump in 2020. After throwing a cursory compliment towards the Democratic Party's roster of potential candidates in 2020, she said she was looking for a presidential candidate with... [Full Article...]

Ice cream bars recalled over listeria sold at Aldi, Kroger and Meijer

Ice cream bars recalled over listeria sold at Aldi, Kroger and Meijer The risk is also great for pregnant women, who could experience miscarriages and stillbirths as a result of a listeria infection. On Tuesday, the company expanded the recall to include all products made at its Dunkirk, New York, plant in 2017. [Full Article...]

NYC to divest from fossil fuel companies, sues 5 oil firms

NYC to divest from fossil fuel companies, sues 5 oil firms Officials announced their goal to dump those investments along with the news that the city is filing a lawsuit against five of the largest Big Oil companies, alleging that those businesses were aware of the industry's contribution to climate change. [Full Article...]

Ford diesel F-150 targets Ram, Nissan offerings

Ford diesel F-150 targets Ram, Nissan offerings And the diesel-powered pickups were marketed as being "the cleanest super diesel ever". In the tests conducted on the F-250 and F-350 vehicles, "emissions are routinely as high as five times the standard", the lawsuit said, adding that the trucks should bear the moniker "Super Dirty". [Full Article...]

SACP: Appointment of state capture commission was long overdue

SACP: Appointment of state capture commission was long overdue Last month, the ruling ANC elected Cyril Ramaphosa as party leader to replace Zuma, who stepped down amid corruption allegations, but will remain South Africa's president until nationwide elections in 2019. Anyway, this is good news. "I just hope they don't mess up the terms of reference". Zuma argued that he is concerned that this sets a particular precedent for the office of President and is des... [Full Article...]

Tesla Inc starts production of electricity-producing shingles

Tesla Inc starts production of electricity-producing shingles Tesla's partner, Panasonic, began making solar panels at the factory last summer, using solar cells that it imports from its factories in the Far East. The announcement made by Tesla follows a series of production delays, since CEO Elon Musk first unveiled the company's glass roof tiles more than a year ago. [Full Article...]

Cabinet approves 100% FDI in retail, construction

Cabinet approves 100% FDI in retail, construction The government allowed foreign airlines to buy a stake of up to 49% in Air India with prior government approval ahead of the state-owned airline's proposed privatization. These are meant to liberalise and simplify the FDI policy so as to provide ease of doing business in the country. "This step to liberalise FDI in retail trade will have harmful consequences for domestic retail traders and shopk... [Full Article...]

Michael Gove takes on the 'throwaway culture' of plastic bottle waste

Michael Gove takes on the 'throwaway culture' of plastic bottle waste However, much of the long-awaited 25 Year Plan for Nature remains under wraps, with little indication as what action it will take on wider issues such as soil erosion, biodiversity loss, resource security, and climate resilience. Michael Gove told colleagues the introduction of the 5p charge on single-use plastic bags had contributed to a reduction of almost 90% in their use, in a clear demonstra... [Full Article...]

Chinese officials said to recommend slowing or halting purchases of US Treasuries

Chinese officials said to recommend slowing or halting purchases of US Treasuries Treasury bonds amid a less attractive market for them and rising U.S. China is the world's biggest foreign holder of US Treasuries, which it uses to manage the value of its currency and park its massive foreign exchange reserves. Treasury yield curve. The $14 trillion Treasury market has been roiled in the past 48 hours. The 10-year Treasury yield was about four basis points higher at 2.59... [Full Article...]

Toyota, Mazda to build $1.6 billion plant in Alabama

Toyota, Mazda to build $1.6 billion plant in Alabama Alabama Governor Kay Ivey and company executives held a joint news conference to announce that the facility is coming to the Huntsville area not far from the Tennessee line. A Kia Motors Corp assembly plant operates near the Alabama border in Georgia. Trump praised the joint venture announcement, saying in August on Twitter: "Toyota & Mazda to build a new $1.6B plant here in the United States ... [Full Article...]

Karnataka girls 'warned' on ties with men of other faiths

Karnataka girls 'warned' on ties with men of other faiths A 20-year-old woman hanged herself to death in Chikmagalur, Karnataka after a group of men including a local leader of the Bharatiya Janata Yuva Morcha (BJYM) harassed her in front of her parents for social media posts. Reportedly, the 20-year-old victim drew attention of the right wing groups in Karnataka after she started chatting with a friend to whom she had said, "I love Muslims". [Full Article...]

Singapore passport ranked 2nd most powerful in Henley Index, Germany top

Singapore passport ranked 2nd most powerful in Henley Index, Germany top Japan was the other high performer from Asia with a passport that has a power rating of 175 countries visa-free. The press release also noted that Ukraine (44th place) and Moldova had climbed the index following European Union visa liberalization, with Russian Federation sharing the 48th place with the latter, offering visa-free access to 110 countries, which is by four countries more than i... [Full Article...]

EPS for Magellan Midstream Partners, LP (MMP) Expected At $1.09

The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The Price to Cash Flow for CNX Midstream Partners LP (NYSE:CNXM) is 7.762901. The Company's business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. [Full Article...]

Pakistan frees Islamist cleric who helped Taliban against US

Pakistan frees Islamist cleric who helped Taliban against US He added that the United States was busy playing the blame game against Pakistan rather than helping them secure the Pak-Afghan border. According to Pakistan's The News International, Khan said that it was high time for Pakistan to have a "ruthlessly candid dialogue with the US" which blames Pakistan for nurturing Afghanistan-oriented terror groups and providing them safe haven. [Full Article...]

Ishares Msci Indonesia Etf (EIDO) Short Interest Update

Ishares Msci Indonesia Etf (EIDO) Short Interest Update Moving averages can help spot trends and price reversals. The RSI may be more volatile using a shorter period of time. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return. [Full Article...]


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