Finance

Russia's Putin says crypto-currencies pose risks for households, businesses

Russia's Putin says crypto-currencies pose risks for households, businesses According to a Reuters report, Sergei Shvetsov - first deputy governor of the Central Bank of Russia (CBR) has stated today that Russia will block access to websites belonging to exchanges and trading platforms offering cryptocurrencies like bitcoin. [Full Article...]

Coca-Cola Company (The) (KO) Stake Lessened by Boston Financial Mangement LLC

Coca-Cola Company (The) (KO) Stake Lessened by Boston Financial Mangement LLC Buckhead Capital Management Llc acquired 7,400 shares as Coca Cola Co (KO)'s stock rose 6.48%. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company's stock worth $116,000 after purchasing an additional 129 shares in the last quarter. [Full Article...]

Walt Disney Company (The) (NYSE:DIS) Valuation According To Analysts

Walt Disney Company (The) (NYSE:DIS) Valuation According To Analysts LBTYA's mean recommendation on Reuter's scale improved from 2.18 thirty days ago to 2.22 now, which indicates a hold consensus from the analyst community. In current trading day Valley National Bancorp (VLY ) stock confirmed the flow of -0.25% with the final price of $11.90. Drexel Hamilton has "Buy" rating and $117.0 target. [Full Article...]

Mumbai attacks insight helped prevent thousands of lives in Las Vegas: Sheriff

Mumbai attacks insight helped prevent thousands of lives in Las Vegas: Sheriff Paddock killed 58 people and injured hundreds of others as he opened fire from the 32nd floor of the Mandalay Bay Hotel on country music fans at the Route 91 Harvest Festival. Sgt Bitsko said: 'Initially, I was thinking, "This is a booby trap, it's going to explode". "We do not believe there is one particular event in the suspect's life for us to key on", he said. [Full Article...]

Bump Stock Prices Soar in Online Gun Marketplaces

Bump Stock Prices Soar in Online Gun Marketplaces The Oct. 6 lawsuit says the class does not "challenge the right of law-abiding citizens to bear arms" but says that Slide Fire negligently sells bump stock to gun owners to avoid state and federal laws banning the use of military-style automatic weapons. [Full Article...]

General Electric announces slew of executive changes, including new CFO

General Electric announces slew of executive changes, including new CFO USA industrial conglomerate General Electric said it promoted Jamie Miller, who has been the head of its transportation unit, to chief financial officer, replacing Jeffrey Bornstein. "Flannery wants to tell people that he is going to hold people accountable", Scott Davis, an analyst at Melius Research in NY, wrote in a note on Friday. [Full Article...]

Activist investor aims for a seat on P&G board

Activist investor aims for a seat on P&G board Preliminary results show shareholders have rejected Peltz's board bid. Appearing on CNBC moments later he said the company should still put him on the board of directors. Peltz has been on a winning streak and his influence is being felt in a number of boardrooms in the U.S. On Monday, General Electric gave a board seat to Ed Garden, co-founder of the $12.7 billion hedge fund Trian Partners. [Full Article...]

Southwest Airlines round-trip fares under $100 until Thursday

Southwest Airlines round-trip fares under $100 until Thursday Between Tuesday, October 10 and Thursday, October 12, flights will range from $49 each way to $129 each way. The travel dates have to be October 31 through December 19, 2017, and January 3 through February 14, 2018 (travel days Fridays and Sundays are excluded). [Full Article...]

University of Chicago's Thaler wins Nobel Prize in Economics

University of Chicago's Thaler wins Nobel Prize in Economics Speaking by phone at a news conference after he was announced as this year's victor, Thaler said the most significant impact of his work has been creating a "recognition that economic agents are human". Demonstrating his sense of humor, when asked at the Nobel news conference what he planned to do with his prize money (about $1.1 million), Thaler said he planned to spend it "as irrationally as pos... [Full Article...]

Kobe Steel falsified data on metal used in cars and planes

Subaru , Toyota , and Honda all said they used materials from Kobe Steel that were subject to such falsification. Boeing, which gets some parts from Kobe Steel customer Subaru Corp., said there's nothing to date that raises any safety concerns. [Full Article...]

Nvidia's Drive PX Pegasus is its newest self-driving supercomputer

Nvidia's Drive PX Pegasus is its newest self-driving supercomputer NVIDIA envisions DRIVE PX Pegasus being used in what its calls Robotaxis, which won't require a driver at all, nor will they contain a steering wheel, pedals or mirror that would typically be operated by a human driver. "The future of society will be reshaped", he says. The Pegasus line will be available by the middle of 2018 for automakers to begin developing vehicles and testing softwar... [Full Article...]

Analysts Ratings for Honeywell International Inc. (HON)

Analysts Ratings for Honeywell International Inc. (HON) Investors are constantly hunting for bargains when picking stocks. Honeywell International Inc . has a 52 week low of $105.25 and a 52 week high of $143.75. The stock now has an average rating of "Buy" and an average price target of $144.74. HON was included in 68 notes of analysts from July 30, 2015. The ex-dividend date will be on Wednesday the 16th of August 2017. [Full Article...]

New wind energy agreement for Microsoft

New wind energy agreement for Microsoft This makes Microsoft one of the first multinational tech giants to support the construction of a wind energy project in the area. For Microsoft, there are probably at least three drivers behind the move. Besides keeping its data centers operating, the deal puts Microsoft in the electricity business on the Emerald Isle. This is an important step for Redmond since there are plans to install batter... [Full Article...]

Oil prices rise amid OPEC comments

Oil prices rise amid OPEC comments Saudi Arabia wants oil prices to rise to $60 a barrel in hopes of making a success of the initial public offering of Aramco planned for next year, and some investors have said that enough is reason to bet on higher oil prices. "We urge our friends, in the shale basins of North America to take this shared responsibility with all seriousness it deserves, as one of the key lessons learnt from the ... [Full Article...]

Sensex inches ahead 31900, Nifty firms above 10000; Infosys shares surge

Asian shares rose, shrugging off modest losses on Wall Street. Auto, Pharma, Oil & Gas and FMCG stocks too, extending support with index heavy-weights such as Reliance (up 1.52 per cent), Axis Bank (up 1.74 per cent), Infosys (up 1.29 per cent) and HDFC Bank (up 0.28 per cent), contributing majorly to BSE gains. [Full Article...]

Wood Group Completes Foster Wheeler Deal

Wood Group Completes Foster Wheeler Deal WorleyParsons said the acquisition would provide it with a "robust entry" into the UK North Sea market and accelerate the company's strategy to become a global provider of maintenance and operational services. AFW has five offices in the United Kingdom and two in the Middle East. The AFW assets are being offloaded by its vendor, British oil and gas company Amec Foster Wheeler, to address "compet... [Full Article...]

1000 jobs at risk as BAE's fast jet runs out of orders

1000 jobs at risk as BAE's fast jet runs out of orders BAE has said that the United Kingdom based job cuts are not related to Brexit, although this will likely be discussed between business leaders and the Prime Minister . This plant assembles the Eurofighter Typhoon fighter jet, which has received fewer orders than its main rival Rafale by France's Dassault Aviation. Chief executive Charles Woodburn warned he was anxious about demand for the aircr... [Full Article...]

McDonald's is officially piloting the 'McVegan' a plant-based burger

McDonald's is officially piloting the 'McVegan' a plant-based burger A representative for McDonald's confirmed to Today via email that the McVegan is limited to McDonald's Finland and there are no current plans to expand. Hungry customers who were able to try the burger took to social media to share a photo of the meal. Although, in fairness, it doesn't appear they've tried the burger. [Full Article...]

Fire Cancels American Airlines Flight in Hong Kong

The Boeing 777 had not yet boarded, so no passengers or crew members were injured during the incident. A fire broke out on a US-bound flight from Hong Kong International Airport in the evening of 9 October 2017. The cargo that was being loaded on the plane also caught fire in the process. The Airport Authority said the airlines were providing arrangements for the affected passengers. [Full Article...]

Authorities Search Home of Vegas Shooter, Question Brother for Second Time

Authorities Search Home of Vegas Shooter, Question Brother for Second Time The gunman's girlfriend, Marilou Danley , released a statement that she had no indication Paddock was going to do "something horrible" and flew back to the United States from vacationing in the Philippines to cooperate with investigators. [Full Article...]


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