Finance

Monkeys were used to test diesel fumes, German carmakers say

Monkeys were used to test diesel fumes, German carmakers say The idea behind the test was to prove the newest diesel technology had solved diesel pollution problems. It would have been better to do without such a study in the first place. The Reuters news agency reported Volkswagen as saying that some staff members, whom it did not identify, including some in its legal department at the VW brand's technical development division and at Volkswagen of Americ... [Full Article...]

Targeted Movers: The Coca-Cola Company (KO), CenturyLink, Inc. (CTL)

About 9.71 million shares traded. It dropped, as 1 investors sold Coca-Cola European Partners plc shares while 0 reduced holdings. It has underperformed by 5.95% the S&P500. Shares for $4.01 million were sold by HAYS ED on Tuesday, January 23. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers. [Full Article...]

Attorney General David Eby speaks now on ICBC's $1.3B operating loss

Attorney General David Eby speaks now on ICBC's $1.3B operating loss The Insurance Corporation of B.C. ( ICBC ) last Thursday revealed it's on track to lose $1.3 billion in public money this fiscal year alone. "British Columbians were not told the truth about ICBC ..." " ICBC's net claims costs for the first nine months of our current fiscal year totaled $4.25 billion", it said in a press release. [Full Article...]

'Disgusting' Photos Show Raw Meat-Filled Shopping Carts At Grocery Store

'Disgusting' Photos Show Raw Meat-Filled Shopping Carts At Grocery Store Loretta Seto posted photos of the pork being moved in the carts on Faceook and the pictures quickly went viral. Neither the meat wholesaler nor Costco immediately returned requests for comment. The company has since dumped all meat from that vendor. The health department did confirm in a statement the receipt of multiple complaints about "unauthorized delivery of pork" to the retailer, 99 Ranch... [Full Article...]

United States to Fine UBS for Spoofing

United States to Fine UBS for Spoofing Separately UBS , HSBC and Deutsche Bank will pay a total of $46.6m (£33m) to settle spoofing charges against them. The banks settled claims from the Commodity Futures Trading Commission that the firms' traders engaged in spoofing techniques to manipulate prices of precious-metals futures. [Full Article...]

Disney to give 125000 employees a $1000 cash bonus

Disney to give 125000 employees a $1000 cash bonus Lee Financial Co raised its stake in shares of Walt Disney by 7.6% in the second quarter. The company saw 7.47 million shares trade hands over the course of the day. The firm earned "Buy" rating on Tuesday, August 25 by Global Equities Research. Investors sentiment increased to 6 in 2017 Q3. Its down 0.08, from 1.02 in 2017Q2. [Full Article...]

Sanofi announces takeover of Ablynx

Sanofi announces takeover of Ablynx The acquisition of Ablynx continues Sanofi's commitment to breakthrough innovation, focused on technologies addressing multiple disease targets with single multi-specific molecules. Analysts at Liberum said Sanofi would be able to use its existing infrastructure and the recently acquired platform from Bioverativ to help to commercialize caplacizumab. [Full Article...]

Price Target Analysis Exxon Mobil Corporation (XOM)

Price Target Analysis Exxon Mobil Corporation (XOM) The stock decreased 0.60% or $0.025 during the last trading session, reaching $4.175. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. Deutsche Bank maintained the stock with "Buy" rating in Thursday, May 12 report. The firm has "Underperform" rating by Credit Suisse given on Monday, May 2. [Full Article...]

Cedar Realty Trust (NYSE:CDR) Receives News Sentiment Score of 0.10

Cedar Realty Trust (NYSE:CDR) Receives News Sentiment Score of 0.10 The stock of Kite Realty Group Trust (NYSE: KRG ) is a huge mover today! (NYSE: DLR ) for 3,868 shares. The stock increased 0.17% or $0.2 during the last trading session, reaching $120.92. Investors sentiment decreased to 0.99 in Q3 2017. Its up 0.20, from 1.13 in 2017Q2. 20 funds opened positions while 48 raised stakes. The institutional investor held 101,118 shares of the real estate investment ... [Full Article...]

Sensex, Nifty Hit Record High Before Economic Survey; Bonds, Rupee Flat

Sensex, Nifty Hit Record High Before Economic Survey; Bonds, Rupee Flat The benchmark BSE index was up 0.97 percent, after climbing as much as 1.09 percent to an all-time high of 36,379.91. The lift came from gains mostly in Maruti Suzuki , TCS , HDFC Ltd, Tata Steel, Bajaj Auto, Kotak Mahindra Bank, Hindustan Unilever, M&M, Coal India, Infosys, Hero MotoCorp, Sun Pharma, L&T, HDFC Bank and IndusInd Bank. [Full Article...]

Why you should file your taxes as soon as possible

Why you should file your taxes as soon as possible Almost half of American taxpayers are somewhat or very dependent on receiving a tax refund from the IRS . This initiative is one in a series of steps implemented by the Security Summit to combat tax-related identity theft and refund fraud. [Full Article...]

Keurig Green Mountain, Dr Pepper Snapple merging in $18B deal

Keurig Green Mountain, Dr Pepper Snapple merging in $18B deal The deal is worth more than $21 billion, Reuters reports, and Dr Pepper's stock prices looked like a tired soul whose morning cup of java suddenly kicked on Monday, as shares jumped 32 percent to a record $126.14. The stock has "Hold" rating by Cowen & Co on Thursday, July 13. (NYSE:DPS) rating on Thursday, August 31. Dr Pepper Snapple Group has a fifty-two week low of $83.23 and a fifty-two... [Full Article...]

Fuel prices reach highest levels in months

Fuel prices reach highest levels in months Chattanooga gas prices are 35.3 cents per gallon higher than the same day one year ago and 83 cents a gallon above the price of gas two years ago. States with the highest average gasoline prices: Hawaii ($3.36), California ($3.22), Alaska ($3.11), Washington ($2.94), Pennsylvania ($2.87), OR ($2.81), Nevada ($2.76), NY ($2.74), CT ($2.73) and New Jersey ($2.67). [Full Article...]

Lockheed Martin Notes Tax Impact, Beats Estimates -- Earnings Review

Lockheed Martin Notes Tax Impact, Beats Estimates -- Earnings Review About 2.06 million shares traded or 100.23% up from the average. Zacks Rank : Currently, Lockheed Martin has a Zacks Rank #2 (Buy) but that could change following its fourth quarter 2017 earnings report which has just released. Hendley & Co Inc bought 10,244 shares as the company's stock rose 5.74% with the market. Moreover, Mu Investments Limited has 4.17% invested in 3M Company (NYS... [Full Article...]

EasyJet boss takes wage cut as airline reveals 52% gender pay gap

EasyJet boss takes wage cut as airline reveals 52% gender pay gap EasyJet announced in a statement today that its new chief executive Johan Lundgren was to voluntarily reduce his salary to match that of his predecessor, Carolyn McCall, who recently left the low-priced carrier to take the helm at blue-chip broadcaster ITV (LON:ITV). [Full Article...]

Facebook reveals 7 privacy principles with new educational videos

Facebook reveals 7 privacy principles with new educational videos Facebook created an adorable blue dinosaur back in 2014 to help educate its users about the social network's privacy settings. Earlier this month CEO Mark Zuckerberg pledged to "fix" Facebook by ensuring users saw more posts from people rather than brands as it seeks to maintain an audience that is aging and posting less amid fierce competition from new services such as Snapchat and Instagra... [Full Article...]

Panera recalling cream cheese amid Listeria concerns

Panera recalling cream cheese amid Listeria concerns The company started the recall after samples of one kind of the cheese tested positive for listeria bacteria. No illnesses have been reported, Panera said in a news release Sunday . The recall affects products sold in Panera's USA bakery-cafes, and does not affect the company's Canada facilities or any other Panera Bread food products, the company said. [Full Article...]

German Government Denounces Car Exhaust Tests On Monkeys And Humans

German Government Denounces Car Exhaust Tests On Monkeys And Humans The monkey experiments were first reported by the New York Times last week and are shown as a reenactment in the new Netflix series "Dirty Money". The study was created to defend diesel following revelations that the fuel's exhaust fumes were carcinogenic, the paper reported. [Full Article...]

Carillion collapse: Auditor KPMG facing investigation

Carillion collapse: Auditor KPMG facing investigation A KPMG spokesman said: "As we have already commented, we believe that we conducted our role as Carillion's auditor appropriately and responsibly". The company had been falling short of the pension trustees' expectations since 2008, and had cited cash flow problems as reasons for not making higher contributions in 2011 and 2013 despite paying more than £70m in dividends in both of those years and... [Full Article...]

Economists blast the Trump administration for rooting for a weak dollar

Economists blast the Trump administration for rooting for a weak dollar Q: What's been the policy of recent administrations concerning the dollar? "I was very clear I'm not making comments about where the dollar is in the short term". The Treasury secretary also said that he is considering a trip to China later this year for discussions on how to shrink America's trade deficit with that country. [Full Article...]


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