Finance

Fully autonomous Smart Vision EQ ForTwo concept revealed

Fully autonomous Smart Vision EQ ForTwo concept revealed The new Smart EQ concept is fully autonomous and is driven by electric motors. Smart's chief operating officer, Annette Winkler, says it is being considered for the company's future vehicle models. You also likely couldn't help but notice the front radiator grille, which adds yet another personal touch to communicate with road users. The glass doors are described by Daimler as "projection surf... [Full Article...]

70000 to be evacuated over WWII bomb in Frankfurt

70000 to be evacuated over WWII bomb in Frankfurt The 4,000 pound (1,814 kilogram) 1.8-tonne or 2-ton device is believed to be a British bomb dating back to the Allies' raids on the city. An area of 1.5 kilometers (0.57 square miles) in the Westend district of the city center will have to be cleared on Sunday while it is made safe, a police spokesman said on Wednesday. [Full Article...]

International Business Machines Corporation

It has underperformed by 72.81% the S&P500.The move comes after 8 months positive chart setup for the $106.38 million company. International Business Machines Corporation has a 12-month low of $139.13 and a 12-month high of $182.79. Finally, Country Club Trust Company n.a. raised its position in shares of International Business Machines Corporation by 2.3% in the first quarter. [Full Article...]

Spirit Realty Capital, Inc

Spirit Realty Capital, Inc Therefore 83% are positive. Buffalo Wild Wings had 95 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Spirit Realty Capital, Inc (New) (NYSE:SRC) earned "Buy" rating by SunTrust on Monday, December 14. Dnb Asset Management As increased Kinder Morgan Inc/De (KMI) stake by 9.14% reported in 2016Q4 SEC filing. Blackrock has invested 0% in Monroe Capital Corp (NASDAQ:MRCC)... [Full Article...]

Eurozone inflation beats expectations to hit four-month high in August

Eurozone inflation beats expectations to hit four-month high in August The inflation across the 19-member Eurozone hit a 4-month high in August due to energy price hike, official data showed, with core inflation stayed flat. In July, the monthly increase in prices were 0.4%. "We think that it will bide its time after its meeting next week before announcing a gradual asset purchase taper in October". [Full Article...]

Amazon, Microsoft tie up: Alexa and Cortana to be buddies

Amazon, Microsoft tie up: Alexa and Cortana to be buddies Microsoft and Amazon of course, have their own mobile operating systems as well, but their reach is negligible. Alexa and Cortana are going to be friends. Over the next year, Hampshire County Council, with its care technology partner, is planning to develop a range of new "skills", linking Alexa to other technology in people's homes. [Full Article...]

Texas, US gas prices spike after disastrous Hurricane Harvey

Texas, US gas prices spike after disastrous Hurricane Harvey Tropical Storm Harvey is upending the flow of oil and petroleum all around the world-a effect of the growing influence of the U.S.in the global energy industry. The U.S. Department of the Interior's Bureau of Safety and Environmental Enforcement said that about 13.5 percent of oil production in the Gulf of Mexico was shut in on Thursday due to the storm. [Full Article...]

Georgia will sell winter-blend gas early to ease fuel shortages

Georgia will sell winter-blend gas early to ease fuel shortages It runs underground and is now under water in many parts of Texas, where inspections are needed before it can be fully operational again, Colonial spokesman Steve Baker said Thursday. The programs already raised a little more than $900 dollars from gasoline sales. Half of the 26 refineries that supply the 5,500 miles long Colonial pipeline are between Houston and Lake Charles, Louisiana. [Full Article...]

Apple joins Bain Capital's bid for Toshiba's NAND business

Apple joins Bain Capital's bid for Toshiba's NAND business Toshiba said it could not comment on the chip sale process. The proposal also calls for Toshiba to be part of the deal, investing 200 billion yen, the source said. partner Western Digital and some buy-out firms and another that includes Taiwan-based contract manufacturer of electronic gadgets Foxconn. A Bain-led group had previously been chosen by Toshiba as its preferred bidder. [Full Article...]

Could Dollar General Corp. (DG) Recover After Forming a Double Bottom?

Could Dollar General Corp. (DG) Recover After Forming a Double Bottom? The business had revenue of $5.61 billion for the quarter, compared to the consensus estimate of $5.59 billion. Dollar General Corporation (NYSE:DG) last announced its earnings results on Thursday, June 1st. Tom and David just revealed their ten top stock picks for investors to buy right now. When we divide the current volume by the three-month average volume, we get a relative volume of 3.45. [Full Article...]

USA 30-year mortgage rates fall to lowest since early Nov - Freddie

USA 30-year mortgage rates fall to lowest since early Nov - Freddie The average contract rate for 30-year FRMs with conforming loan balances was at its lowest level since November 2016 at 4.11%, down from 4.12 a week earlier. Before this third short-term rate hike in just six months, fixed-rate mortgages were barely off 2017 lows. The Market Composite Index, a measure of mortgage loan application volume, decreased 4 percent compared with the previous week. [Full Article...]

Decision to withdraw Darjeeling stir brings GJM rift to the fore

Decision to withdraw Darjeeling stir brings GJM rift to the fore West Bengal Chief Minister Mamata Banerjee lauded the development as good news. "We have chose to lift the bandh from September 1 to September 12". He claimed that the Central Committee meeting was held without his consent. A section of GJM leaders, including Binay Tamang, addressed a rally in Kurseong on Thursday. [Full Article...]

Amazon is getting sued for selling crappy eclipse glasses

Amazon is getting sued for selling crappy eclipse glasses They also said they never looked at the eclipse without glasses. Shares of Amazon were climbing 1% higher in Thursday morning trading. They assumed the glasses would allow them to safely view the United States' first coast-to-coast total solar eclipse in a century on August 21, according to the documents. [Full Article...]

Mumbai floods: Heavy rains lash Andheri, Thane; death toll reaches 6

Mumbai floods: Heavy rains lash Andheri, Thane; death toll reaches 6 Days of intense monsoon downpours have deluged India's financial hub of more than 20 million people, paralyzing crucial local train services and leaving commuters to wade through swirling waist-high waters. "Business is down by over 50% as consumers are not there", says Tarun Jain, 38 a distributor for Gemini oil for South Mumbai from Masjid Bunder. The Indian Meteorological Service said about... [Full Article...]

India floods: Toddlers killed in Mumbai rains

India floods: Toddlers killed in Mumbai rains The city gauged a whopping 298 mm of rainfall, the highest in a day in August since 1997. Children were sent home early from school. Expressing concern over the rain situation in Mumbai , Prime Minister Narendra Modi urged the people of the state to "stay safe" and take all essential precautions while speaking to Chief Minister Devendra Fadnavis to take stock of the developments. [Full Article...]

About a quarter of United States fuel output shut as Harvey churns on

About a quarter of United States fuel output shut as Harvey churns on The Gulf makes up almost half of total refining capacity in the United States - the world's largest net exporter of refined petroleum products - sending the disaster's effects rippling through global flows. Yet crude remains in ample supply, resulting in low prices, with Jefferies bank saying it is lowering its fourth-quarter Brent oil price estimates to $55 a barrel from $60 and its 2018 foreca... [Full Article...]

The National Bank of Canada (NTIOF) Posts Earnings Results

The National Bank of Canada (NTIOF) Posts Earnings Results Canada's main stock index is down moderately as lower shares at oil, gas and drilling companies weighed on the energy sector. Stockholders of record on Monday, September 25th will be given a dividend of 0.58 per share by the financial services provider on Wednesday, November 1st. [Full Article...]

Bird Group envisages interest in buying stake in Air India

Bird Group envisages interest in buying stake in Air India Bird Group has shown interest in acquiring debt-laden Air India's ground handling business. Bird Group was founded in 1971 and runs hotels, and offers travel technology, aviation, hospitality, luxury retail and education services. For the last fiscal (2016-17), the company is expected to report an improved operating profit margin. After the cabinet's in-principle approval for Air India's dives... [Full Article...]

Shame on you, Chidambaram tells RBI after it releases note ban data

Shame on you, Chidambaram tells RBI after it releases note ban data Was demonetisation a scheme created to convert black money into white?", he said on Twitter. According to Niti Aayog member Bibek Debroy, the most estimated figure of counterfeit currency in 2016 was Rs 2,000 crore but according to the RBI report, only Rs. [Full Article...]

Buffett becomes Bank of America's top shareholder

Buffett becomes Bank of America's top shareholder Bank of America said Tuesday that Berkshire Hathaway had exercised its warrants to buy 700 million shares of the bank. Home Capital Group (TSX:HCG) is standing behind Warren Buffett's Berkshire Hathaway bid to increase its stake in the company after leading proxy advisory firm Institutional Shareholder Services advised investors to vote against the deal. [Full Article...]


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