Finance

Northrop Grumman to buy missile maker Orbital for $7.8 bln

Northrop Grumman to buy missile maker Orbital for $7.8 bln Orbital has billion-dollar contracts with NASA as well as the U.S. Army. Northrop intends to run the Dulles, Virginia-based aerospace and defense contractor as its fourth business sector upon the deal's completion. That suggests a takeover price of about $7.5 billion, the WSJ said, citing recent M&A premiums. Shares of Orbital ATK surged 20 percent in Monday premarket trading. [Full Article...]

Mahut, Herbert doubles win puts France in control

Mahut, Herbert doubles win puts France in control Darcis, a Davis Cup hero in Belgium, clinched the victory with a 6-4 7-5 6-2 win over late replacement Jordan Thompson to put his side into November's final against France , who completed a 3-1 win over Serbia earlier on Sunday. Lajovic had cramps in his right foot towards the end of the fourth set and needed some help from Serbia player and captain Nenad Zimonjic to put his shoe back on afte... [Full Article...]

Price At The Pump Drops About 15 Cents Gallon Across The State

Price At The Pump Drops About 15 Cents Gallon Across The State Good news at the gas pumps! The national average gasoline prices increased 30.4 cents per gallon last month and prices are 48.1 cents per gallon higher than they were this time past year. AAA says the most expensive gas prices in Tennessee were in Nashville (42.63), Clarksivlle-Hpkinsville ($2.58) and the Tri-cities ($2.58). As refineries recovered, gas prices should have begun to decline after ... [Full Article...]

Hackers target 'vast number' of devices in CCleaner Cloud software attack

Hackers target 'vast number' of devices in CCleaner Cloud software attack CCleaner was created by Piriform , which was acquired by Avast only in July . "Piriform CCleaner v5.33.6162 was released on the 15th of August, and a regularly scheduled update to CCleaner, without compromised code, was released on the 12th of September". [Full Article...]

Nifty ends at lifetime high; Sensex rises 151 pts

Nifty ends at lifetime high; Sensex rises 151 pts The 50-share NSE Nifty closed at all-time high of 10,153.10, up 67.70 points, or 0.67 per cent after shuttling between 10,171.70 and 10,131.30. On Friday, the Wall Street reached record highs, with the S&P 500 surpassing 2,500. The BSE market breadth was bullish - 1,526 advances and 1,078 declines. "Strength in rupee and a gradual pick up in FII buying has increased the liquidity in the market... [Full Article...]

Northrop Grumman Working to Purchase Orbital ATK

Northrop Grumman Working to Purchase Orbital ATK Northrop Grumman and Orbital ATK have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8bn in cash, plus the assumption of $1.4bn in net debt. "Our complementary portfolios and technology-focused cultures will yield significant value creation through revenue synergies associated with new opportunities, cost savings, operational s... [Full Article...]

Ryanair share price drops; pilots move to Norwegian Air

Ryanair share price drops; pilots move to Norwegian Air It comes amid the news that Ryanair has announced a slew of flight cancellations over the coming six weeks after messing up the planning of pilot holidays. "To ensure you receive the full compensation, we suggest that consumers affected by these flight cancellations should apply for a refund via the Ryanair website rather than through a flight claims as these tend to take a percentage of... [Full Article...]

Deaths and Damage in Hurricane-Affected US Nursing Facilities

Deaths and Damage in Hurricane-Affected US Nursing Facilities Tom Sanchez, Hollywood Police Chief, said investigators believe the deaths at the Rehabilitation Center at Hollywood Hills were heat-related. A criminal investigation is underway by Hollywood police; officials with the facility said staff members are cooperating with it and other inquiries. [Full Article...]

Auckland fuel supply issue

Auckland fuel supply issue The company told Auckland Airport it was working on repairing a section of its damaged fuel pipeline which connects the refinery to Wiri Oil Services Limited in Auckland - which supplies airlines with aviation fuel at the airport. Twenty-seven domestic and global flights at the airport were cancelled yesterday and airlines are being advised to carry enough fuel for planes to make their return jour... [Full Article...]

India trying to create pressure on Myanmar, Sushma tells Hasina

India trying to create pressure on Myanmar, Sushma tells Hasina On Wednesday, the flight of the Rohingya Muslims prompted a rare rebuke from the UN Security Council. Indonesia, the world's most populous Muslim nation, urged Myanmar today to stop its military crackdown against minority Muslims there, known as Rohingya. [Full Article...]

Twenty-First Century Fox, Inc. (FOXA)

It has underperformed by 21.05% the S&P500. JPMorgan Chase & Co. owned about 1.44% of Twenty-First Century Fox worth $754,718,000 as of its most recent SEC filing. Following the completion of the sale, the director now owns 55,647 shares in the company, valued at $1,558,672.47. Parsley Energy Inc (NYSE:PE) was reduced too. [Full Article...]

GOM on GST Network to resolve 80% IT issues by 30 Oct

GOM on GST Network to resolve 80% IT issues by 30 Oct Under the composition scheme, traders or dealers with less than Rs 75-lakh annual turnover have to file their quarterly returns though they will not tax their consumers. It was also made a decision to have another meeting of the committee in 15 days to review the improvement of various issues and also to fix deadlines on individual aspects for release and sticking to the same. [Full Article...]

Equifax, Inc. (NYSE:EFX) Experiences Heavier than Average Trading Volume

Equifax, Inc. (NYSE:EFX) Experiences Heavier than Average Trading Volume Baird now has a $141.00 target price on the credit services provider's stock. Several other research firms have also recently commented on EFX. SunTrust Banks, Inc. (NYSE:EFX) news were published by: Reuters.com which released: "Credit Karma to launch free ID monitoring following Equifax hack" on September 15, 2017, also Seekingalpha.com with their article: "Equifax Valuation Is Attractive But R... [Full Article...]

United Technologies Corporation's (NYSE:UTX) "Buy" Rating Reaffirmed at Jefferies Group LLC

United Technologies Corporation's (NYSE:UTX) United Technologies Corp now has $90.37B valuation. About 2.86 million shares traded. United Technologies Corporation (NYSE:UTX) share price increased in the last trading session with a previous 52-week high of $124.79. A number of hedge funds have recently added to or reduced their stakes in UTX. Revenue during the quarter was $1.34 billion, representing 52% growth from $877.8 million in year-a... [Full Article...]

North Carolina man dies during aftermath of Hurricane Irma

North Carolina man dies during aftermath of Hurricane Irma Police were first called to the facility at about 4:30 a.m. but did not arrive until after 6 a.m., officials said. A person by the same name was among several people who were listed as current or former owners of a Miami hospital and who paid a $15.4 million settlement over an alleged scheme in which the hospital "paid kickbacks to physicians in return for patient admissions", according to the De... [Full Article...]

UPS Buys Daimler's Electric Trucks

UPS Buys Daimler's Electric Trucks Today, Daimler announced that it's bringing its smaller Mitsubishi Fuso eCanter trucks to the U.S., starting in New York City. One diesel-engine truck produces roughly 16 tons of Carbon dioxide in New York City, Llistosella explained. In these cases, fleets will be looking at a much different business case and be able to offer delivery services not allowed with diesel trucks. Rose did not sa... [Full Article...]

Markets Right Now: Dow, S&P 500 notch record highs

First, the data. Headline CPI rose 0.4% month-over-month in August, beating forecasts for a 0.3% increase, while Core CPI, which excludes food and energy, rose 0.2%, meeting expectations. "Retail sales numbers from the U.S. are pretty disappointing". Rival TransUnion lost $1.47, or 3.4 percent, to $41.61 and Experian fell 0.9 percent in London. [Full Article...]

Flood Cars In The US Jump 20% Since Last Year

Flood Cars In The US Jump 20% Since Last Year Generally speaking, when it comes to buying a used vehicle in a private sale, it's important to take the time and ask lots of questions. "We lost $16,000 over all of it". But hiding flood damage isn't that hard, and unscrupulous dealers and individuals can deceive potential buyers through "title washing" - registering the vehicles in states where the title brands did not transfer. [Full Article...]

S&P 500 tops 2500 mark as tech and bank stocks climb

S&P 500 tops 2500 mark as tech and bank stocks climb The S&P 500 rose less than a point to begin the day at 2,469 points, and the Nasdaq added 2 points to open at 6,431 points. In parallel, the Commerce Department reported a 0.2% drop for retail sales volumes in August (consensus: 0.1%), alongside downwards revisions to prior month's data. [Full Article...]

Anthem will re-enter Virginia ACA markets, covering 63 bare counties

Anthem will re-enter Virginia ACA markets, covering 63 bare counties That means the 68 localities in Virginia that were without anyone, now have a marketplace of one. "Virginia customers were still going to have a participating insurer until Optima announced on September 6 it would also be leaving the exchanges, creating a new batch of potentially "bare" counties" after others in Nevada, Ohio and Wisconsin had recently been covered. [Full Article...]


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