Monday, 22 July 2019
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Goldmans targets United Kingdom retail market


It is also open to buying books of deposits if the opportunity arises, the report said. The deeper push into retail banking comes as some of Goldman's traditional investment banking sectors feel the effects of new rules on risk-taking. However, past year it began offering high-interest online savings accounts in the USA which could be opened with deposits of just $1 (76p), and followed this up by launching Marcus By Goldman Sachs , an online consumer lending platform. Read More »

China to strike down Bitcoin and other cryptocurrencies


Bitcoin was trading lower by around 1.6 per cent at $4,160 on the Bitstamp platform on Monday. On Sept 2, it hit a record high of almost $5,000. According to sources quoted by The Wall Street Journal , Chinese people were using bitcoin to bet against the value of the yuan and move money outside the country, and the authorities chose to issue the ban because the bitcoin market was creating "too much disorder". Read More »

Facebook fined R18mil for collecting user data in Spain


According to a report in Politico , the Spanish government's data protection authority found three cases during which Facebook collected data on millions of people and filed to inform users how it would be used. Facebook said in a statement that it "respectfully" disagreed with the watchdog's ruling, which it meant to appeal. "However, we do not use this information to target adverts to people", it said. Read More »

Google challenges record European antitrust fine in court


The EU had earlier slammed Google in June with a fine of 2.4-billion euro for illegally favoring its shopping centers in the search results. It's no surprise, particularly after Intel's successful appeal last week bounced the Commissions case back down to the lower court. Read More »

The Coca-Cola Company (KO) added to 104 new portfolios


The stock increased 2.24% or $2.26 on September 8, reaching $103.05. CCE's total short interest was 2.15 million shares in September as published by FINRA. Bridges Counsel stated it has 0.19% of its portfolio in The Coca-Cola Co (NYSE:KO). Cubist Systematic Strategies Lc reported 0.01% of its portfolio in Masimo Corporation (NASDAQ:MASI). Read More »

How Analysts Rated Portland General Electric Company (NYSE:POR) Last Week?


Following the completion of the transaction, the insider now owns 175,717 shares of the company's stock, valued at approximately $4,507,141.05. About 12,337 shares traded. Quanex Building Products had 13 analyst reports since August 22, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Monday, July 10 by RBC Capital Markets. Read More »

USA stock futures shoot higher as North Korea tensions ebb


North Korea marked the 69th anniversary of its founding on Saturday without resorting to any further missile or nuclear tests, fuelling some unwinding of safe-haven bets such as gold and government debt and pushing shares higher. In particular, the dollar was up 0.5% against the Japanese yen . Against a basket of currencies, it added 0.15 percent to 91.490, still close to last week's 2 1/2-year low of 91.011. Read More »

Orlando International Airport to close Saturday at 5 pm due to Irma

Flights at Key West's airport ended Thursday, a day later than the airport originally said. "The incident forced officials to temporarily close Terminal J. American Airlines said earlier Sunday that limited operations at its Miami hub would resume at 5 p.m. Monday, but that plan was shelved with the airport's latest announcement.The airport initially tweeted that it would begin limited commercial flights on Tuesday. Read More »

Does the new SC order brings respite for Jaypee Infratech's homebuyers?


The court also restrained directors and managing director of Jaypee Infratech and its holding company, Jaypee Associates, from travelling overseas. Jaypee Infratech is saddled with a total debt of nearly Rs 8,000 crore. Around Rs 25,000 crore worth of money of flat buyers and others has been at stake with around 32,000 persons having their undelivered flats in various projects of Jaypee Infratech. Read More »

Analyst Opinion Summary: Macy's, Inc. (M), Valeant Pharmaceuticals International, Inc. (VRX)


The Kentucky-based Community Tru & Investment has invested 0.04% in Valeant Pharmaceuticals Intl Inc (NYSE: VRX ). The stock rose 1.69% or $0.23 reaching $13.84. shares traded was 2430. Royal Bank Of Canada reaffirmed a sector perform rating and issued a $19.00 price objective (up previously from $18.00) on shares of Valeant Pharmaceuticals International in a research note on Thursday, May 4th. Read More »

The GAM Holding AG Increases Stake in Vornado Realty Trust (VNO)


Pier Capital Llc increased Bank Of The Ozarks Inc (OZRK) stake by 7.8% reported in 2016Q4 SEC filing. The average 1-year price target for (STM) reveals an average price target of $18.01 per share. Sentry Invs reported 2.11M shares. Cbre Clarion Lc holds 6.05M shares or 5.84% of its portfolio. Forte Capital Ltd Com Adv reported 0.19% stake. Pub Employees Retirement Association Of Colorado holds 0.03% in Ingersoll-Rand PLC (NYSE:IR) or 50,896 shares. Read More »

European Union countries aim to raise tech firms' taxes by targeting revenue


European Union finance ministers are set to discuss changing rules so that tech giants such as Google or Facebook are on the hook to pay more taxes in Europe , according to an European Union document seen by AFP on Friday. Giving large companies such as Apple and Amazon - the most valuable companies in the world nearing trillion dollar valuations, a pass on taxes seems unfair to regular taxpayers. Read More »

Hurricane Irma: Thousands of Florida flights canceled, with more expected

More than 2 million homes and businesses across the state lost power, and utility officials said it will take weeks to restore electricity to everyone. But in light of the impending Category 5 Hurricane Irma , JetBlue is doing something pretty unbelievable. President Donald Trump approved a disaster declaration for Florida , opening the way for federal aid. Read More »

First genetic proof that women were Viking warriors


The latest DNA tests have shown that what has always been held as being the resting place of a male Viking warrior is, in fact, that of a woman. Researchers, writing in the American Journal of Physical Anthropology , said: "This image of the male warrior in a patriarchal society was reinforced by research traditions and contemporary preconceptions". Read More »

US adds launchers to THAAD as dozens hurt in SKorea protests

South Korea's defense ministry said the four remaining batteries of the THAAD system would be deployed on a golf course in the south of the country today. A THAAD battery, which Seoul and Washinton agreed in July a year ago to deploy, is composed of six launchers. "We must make North Korea immediately and fully comply with all relevant UN Security Council resolutions and abandon all its nuclear and ballistic missile programmes in a complete, verifiable and irreversible manner", Abe ... Read More »

That time the Washington Post excused North Korea's nuclear program


The United States had set aside for now plans to end a USA trade agreement with South Korea , a senior administration official said on Wednesday. Pyongyang on Sunday triggered global alarm with by far its most powerful test to date, after it claimed it had successfully tested a hydrogen bomb that could be mounted onto a long-range missile, which analysts say is a major advancement in its nuclear program. Read More »

Putin warns over North Korea impasse


On September 5, President Donald Trump announced via Twitter he will "allow" South Korea and Japan to "substantially" increase their purchases of United States military equipment, in response to suggestions North Korea tested a hydrogen bomb. Read More »

'It' shatters the weekend box office records despite threats from Hurricane Irma

Not only is "It" now the largest opening for a horror movie ever and the largest September opening of all time, the film more than doubled the earnings of the previous record holders. Prior to the release of "It", the movie "Paranormal Activity 3" had the biggest horror movie opening with $56.6 million in 2011. The romantic comedy has Reese Witherspoon unexpectedly finding herself living with three young men after a separation from her husband. Read More »

Jaiprakash Associates, Jaypee Infratech tumble 5% on Supreme Court ruling


A bench of Chief Justice Dipak Misra , Justice A.M. Khanwilkar and Justice D.Y. Chandrachud directed that the amount should be deposited by October 27. However, Attorney General K.K. Venugopal had suggested to the court that the IRP be given more time to formulate a plan so that everybody's interest is taken care of. Read More »

China Is said to ban bitcoin exchanges


According to sources quoted by The Wall Street Journal , Chinese people were using bitcoin to bet against the value of the yuan and move money outside the country, and the authorities chose to issue the ban because the bitcoin market was creating "too much disorder". Read More »

Tanzania seizes diamonds from British mining company


Petra said some key personnel at the mine were being questioned by authorities, and that meant it had been forced to suspend operations temporarily for health and safety and security reasons. "However the grounds upon which these actions have been taken have not been formally made known to the Company as yet". It says this is carried out by the government's diamonds and gemstones valuation agency. Read More »

British subsidies for offshore wind fall well below new nuclear


Along with offshore windfarms, biomass and energy from waste plants have secured subsidies for low-carbon energy in the latest auction, with a total of 11 successful schemes. The Government said the new UK-wide projects would create thousands of new jobs and provide enough power for 3.6 million homes. Emma Pinbeck from trade body Renewable UK told the BBC that the fall in the cost of offshore wind projects was "astonishing". Read More »

Finance director leaves as Carillion revamps executive team


CFO Zafar Khan will step down with immediate effect, to be replaced by Emma Mercer, the finance head of its United Kingdom construction business. Adding to the list of resignations at the top are: Managing director of the construction services arm, Adam Green; managing director of Carillion Services, Nigel Taylor; and group strategy director, Shaun Carter. Read More »

EPS for Hewlett Packard Enterprise Co (HPE) Expected At $0.26


Barclays Capital maintained Hewlett Packard Enterprise Co (NYSE: HPE ) on Wednesday, May 10 with "Underweight" rating. They noted that the move was a valuation call. There were 183 sold out positions, amounting to 73.54 million shares. The disclosure for this sale can be found here. Closing price generally refers to the last price at which a stock trades during a regular trading session. Read More »

LLC Reduces Stake in Steel Dynamics, Inc. (NASDAQ:STLD)


A number of other brokerages have also commented on STLD. Finally, Zacks Investment Research raised shares of Steel Dynamics from a sell rating to a hold rating in a research note on Wednesday, July 26th. Following the completion of the sale, the director now owns 1,005,666 shares of the company's stock, valued at $38,637,687.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . Read More »

Hurricane Irma could rake Cuba's northern coast by Friday

The present map shows the flood delineation in the area of Nagua (DOMINICAN REPUBLIC). Air Canada has said that additional flights went to Antigua and Providenciales in the Turks and Caicos to help get passenger home early while additional flights were being sent to the Dominican Republic and Florida. Read More »

Shooting leaves at least 8 dead in Texas, police say


Seven of them were dead, and two others were transported to the hospital. "That's still unclear", said Officer David Tilley, a spokesman for the Plano police. There was no information yet on the relationship between the suspect and the victims. An eyewitness told local media that she heard as many as 40 gunshots coming from the home. Read More »

The Latest GameStop Corp. (GME) Insider Trading Activity

Visa Inc Cl A now has $239.16B valuation. The stock rose 0.80% or $0.18 reaching $22.74. About 8.56M shares traded or 15.99% up from the average. (NYSE: GME ) has declined 15.17% since September 8, 2016 and is downtrending. Finally, Oppenheimer Holdings, Inc. reissued a hold rating on shares of Gamestop Corporation in a research report on Thursday, May 25th. Among 8 analysts covering MSCI Inc. Read More »

Tesla Unlocks Extra Battery Capacity For Owners Fleeing Hurricanes


Now Tesla has even facilitated travels for some of them as the automaker remotely unlocked the full battery pack capacity of Model S/X 60/60D vehicles with 75 kWh battery packs. As Hurricane Irma was bearing down on Florida , Tesla Inc. sent a free software update extending the battery capacity for some of its vehicles, giving those owners extra range to flee the looming storm. Read More »

NatGas Leads Weekly Gains As US Finishes at 944 Rigs


Baker Hughes rig count is now up 436 rigs since this time in 2016, with oil rigs up 342, natural gas rigs up 95 and miscellaneous rigs down one. The stock of Baker Hughes A GE Co (NYSE: BHI ) has "Mkt Perform" rating given on Friday, December 2 by Bernstein. Read More »

General Mills, Inc. (GIS), Ford Motor Company (F)


It is 0.00% or $0 reaching $29.66 per share. The rating was upgraded by RBC Capital Markets on Tuesday, July 21 to "Outperform". Investors sentiment decreased to 0.57 in 2016 Q4. As per Thursday, June 29, the company rating was maintained by RBC Capital Markets. Deutsche Bank initiated the stock with "Hold" rating in Wednesday, February 15 report. Read More »

Walgreens Boots Alliance, Inc


Sumitomo Mitsui Asset Management Company LTD grew its stake in shares of Walgreens Boots Alliance by 9.3% in the 1st quarter. Heading into the stock price potential, Level 3 Communications, Inc. The current price is seen ranging between $81.45 and $82.2. Shares of Walgreens Boots Alliance, Inc . The 20-day Stochastic %k measure, which sits at 77.85%, tells a different story, and suggests that WBA now trades in overbought territory. Read More »

Brokerages Anticipate BioMarin Pharmaceutical Inc. (BMRN) to Post -$0.09 Earnings Per Share

Northland Capital maintained the shares of FANG in report on Friday, August 7 with "Outperform" rating. Comgest Global Investors S.A.S. boosted its position in BioMarin Pharmaceutical Inc. Opus Point Prtn Mngmt Llc reported 31,579 shares. Blair William Il has 0.07% invested in BioMarin Pharmaceutical Inc. (NASDAQ:BMRN). Retirement Systems Of Alabama reported 0.01% stake. Read More »