Finance

Snapdeal sale to Flipkart may be called off

Snapdeal sale to Flipkart may be called off Secondly, we have made tremendous progress towards this new path over the last few months and are already profitable at a gross profit (a.k.a.net margin) level, with clear visibility to making upwards of INR 150 Crores in gross profit in the next 12 months. [Full Article...]

Eurozone unemployment falls to lowest since February 2009

Eurozone unemployment falls to lowest since February 2009 Such improvements have emboldened the European Central Bank to consider when it might signal a phasing out of its bond-buying stimulus program, under which it pumps 60 billion euros ($70 billion) a month into the economy. Unemployment reached 9.1 per cent in June, down from 9.2 per cent in May, according to the European Commission. ECB President Mario Draghi has said it would likely consider such ... [Full Article...]

US, South Korea conduct joint missile exercise after North Korea's latest launch

US, South Korea conduct joint missile exercise after North Korea's latest launch Terrence J. The drill involving two F-2 fighters and two B-1 bombers follows North Korea's test-firing late Friday of a second intercontinental ballistic missile . Marine General Joseph Dunford, who is the Chairman of the Joint Chiefs of Staff , along with Admiral Harry Harris, the Commander of U.S. Pacific Command spoke with General Lee Sun-jin, Chairman of the South Korean Joint Chief of... [Full Article...]

HSBC half-year profits up 5% after turbulent 2016

HSBC half-year profits up 5% after turbulent 2016 HSBC also announced a share buyback of up to $2bn, which it said it expected complete by the end of 2017, raising the amount of total stock it has pledged to buy since the second half of 2016 to $5.5bn. The ratio is set to increase further as the bank repatriates about $8 billion stuck at its U.S. subsidiary, following approval a year ago from the U.S. [Full Article...]

Handsome weather heading into early next week

Handsome weather heading into early next week Temperatures will be in the low 90s during the day and the low 70s overnight. Highs: Low-to-mid 80s. Sunday is attractive under bright blue skies, and it's more comfortable, with readings warming to the lower and middle 80s. NEXT WEEK: I don't see wicked sticky air returning any time soon. A strong low pressure will move across our area by the end of the week and bring higher chances of rain and... [Full Article...]

Treasury Discontinues myRA Retirement Saving Program

Treasury Discontinues myRA Retirement Saving Program President Barack Obama delivers the State of the Union address at the U.S. Capitol in Washington, D.C., January 28, 2014. Under the program, contributions were invested in U.S. The average account holder has about $1,500 in their account, the Treasury said. This month, Democratic senators sent a letter to Treasury Secretary Stephen Mnuchin urging him to keep and promote the myRA program. [Full Article...]

Man punched by Nice Airport worker

Man punched by Nice Airport worker Responding to the fracas, an easyJet spokesperson said the airport employee did not work for the airline. "It was very bad the whole thing". Arabella Arkwright took the photograph allegedly showing a man in uniform punching a passenger in the queue with his left fist. [Full Article...]

Ship carrying heroine worth Rs 35000 crore seized off Gujarat coast

Ship carrying heroine worth Rs 35000 crore seized off Gujarat coast The vessel was carrying 3,300 pounds (1,500 kg) of the white powder worth nearly $550 million (470 million euros) when it was seized and taken to the port of Porbandar, officials announced Sunday. Coast Guard sources said the vessel raised suspicion after it changed its tracking name from "Prince 2" to "Henry" within the span of a few hours. India's coastguards made a massive heroin bust Satur... [Full Article...]

Taiwan braces for its first typhoon of the year

Taiwan braces for its first typhoon of the year Typhoon Nesat - which strengthened into a moderate storm Friday - is already bringing crashing waves and strong winds to the east coast, where it is due to make landfall Saturday night. Around 140,000 households were still without power yesterday, though rail services had mostly resumed. Meanwhile, EVA Air said it will do its utmost to help solve the problems, including talking with other airlin... [Full Article...]

Mark Sampson says the England squad deserve their success

Mark Sampson says the England squad deserve their success But the head coach believes his players are fully equipped to change that statistic. We are going to face the hosts, who have got a nation behind them and are playing the best football of their lives, so that will be a huge challenge. The average attendance for group games was just over 6,000, while England's win over France drew an attendance of 6,283. In contrast, France finished runners... [Full Article...]

Kohli ends lean run as India thump Sri Lanka

Sri Lanka's Dimuth Karunaratne is standing firm with a defiant half-century but India continue to chip away on Saturday's fourth day of the first Test after setting the hosts a 550-run victory target. It's an example of the skill they possess, and persistent pressure always pays. "It helped to get us enough time to get the opposition out and put enough runs on the board for us to feel comfortab... [Full Article...]

How Did Investors React to Fiat Chrysler's 2Q17 Earnings?

How Did Investors React to Fiat Chrysler's 2Q17 Earnings? The company has an average rating of "Hold" and an average price target of €12.42 ($14.44). TRADEMARK VIOLATION WARNING: "J P Morgan Chase & Co Analysts Give Fiat Chrysler Automobiles NV (BIT:F) a €10.00 Price Target" was first published by Chaffey Breeze and is owned by of Chaffey Breeze. [Full Article...]

Would You Buy Old National Bancorp (NASDAQ:ONB) On These Analyst Ratings?

Jefferies Group LLC reiterated a "hold" rating and set a $18.00 target price on shares of Old National Bancorp in a research note on Sunday, June 11th. According to Yahoo Finance, The Dividend Date for Valley National Bancorp is Jul 3, 2017 and its Ex-Dividend Date is Jun 13, 2017. The company posted earnings of $49.10 M for the period compared to brokers forecast of $44.26 M. [Full Article...]

Judge Orders FAA to Investigate the Size of Airline Seats

Judge Orders FAA to Investigate the Size of Airline Seats The nonprofit Flyers Rights Education Fund provided the court evidence that the distance between most economy seats has gone from 35 inches to 31, and some airlines go as small as 28 inches. Pitch describes the distance between one point on a seat and the same point on the seat behind it. The agency says its studying the claim as well as any potential actions they may have to take. [Full Article...]

Sprint Looking for Options to T-Mobile Merger

Sprint Looking for Options to T-Mobile Merger The proposed combination of Sprint with Charter would merge the fourth-largest USA wireless carrier with the second-largest US cable company. Sprint has been in talks with both Charter and Comcast for the past few weeks, since the quiet period following the Incentive Auction ended. [Full Article...]

Trump loses more vital White House personnel

Trump loses more vital White House personnel Speaking to a crowd on Friday in Brentwood, New York, Trump called Kelly "one of our great stars". Trump tweeted his decision to fire Priebus as he landed in Washington after an event in NY in which he lavishly praised Kelly's performance at Homeland Security . [Full Article...]

Vince Cable on a Brexit transition deal: "kicking can down the road"

Vince Cable on a Brexit transition deal: She (Munich: SOQ.MU - news ) said: "Leaving the European Union gives us the opportunity to take control of immigration from the EU". The report to be prepared by the Migration Advisory Committee of United Kingdom is likely to come out in September next year, six months prior to Brexit . [Full Article...]

Amazon spends up large to keep growth coming

Amazon spends up large to keep growth coming In fact, the company reports that the Dot was the single best-selling product during this year's Prime Day, though it was almost matched by the Element 55-inch 4K LED TV, which sold "record units in less than four hours" to become the top-selling television of the day. [Full Article...]

Independent Oil & Gas PLC's (LON:IOG) "Corporate" Rating Reiterated at FinnCap

Independent Oil & Gas PLC's (LON:IOG) Elgethun Capital Management cut its position in BP p.l.c. (NYSE:BP) by 16.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. had a return on equity of 3.72% and a net margin of 1.06%. As of the latest earnings report the EPS was $0.67 and is expected to be $1.60 for the current year with 3,277,421,000 shares now outstanding. [Full Article...]

GOP Lawmakers, White House Outline Tax Plan

House Republicans released their own tax reform blueprint past year, and the White House released a one-page outline of priorities it would like to see in tax reform in April. The White House and congressional Republicans are in general agreement on wanting to see lower rates for individuals and businesses, but details still need to be worked out on how - or whether - to find revenue offsets to ... [Full Article...]


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