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UCO Bank reports Q4 loss of Rs2,134 crore as NPAs rise significantly


In a regulatory filing, the bank said it had put aside Rs425.57 crore in respect of delinquent companies now undergoing insolvency resolution at different tribunals of the National Company Law Tribunal. The bank raised its provisioning for NPAs to Rs 8,762.57 crore during the January-March quarter up from Rs 2,924.08 crore in the same period of previous fiscal. Read More »

Net Neutrality Gets an Official Death Date-Senate Expected to Save It


Senator Ed Markey said it was "likely" the vote will take place in the middle of next week. It comes after the USA communications regulator, the Federal Communications Commission , under the control of its Republican chairman Ajit Pai ( appointed by President Donald Trump ), had in December voted 3-2 to overturn Net Neutrality regulations . Read More »

All-Stars Investment LTD Maintains Stake in Baidu INC (BIDU)

It has outperformed by 10.91% the S&P500. Winnebago Industries had 27 analyst reports since August 26, 2015 according to SRatingsIntel. They now have an equal weight rating on the information services provider's stock. Stratos Wealth Prtn Limited owns 392 shares. The titles are as follows: "Goldman Sachs Reinstates Baidu (BIDU) at Buy" published on May 08, 2018, " Baidu Inc (ADR): How 225% Looks Reasonable in BIDU Stock" on May 08, 2018, " Baidu : Future Looks Bright" with a publish date: ... Read More »

Twenty-First Century Fox, Inc


The firm has a market capitalization of $70.38 billion, a P/E ratio of 19.65, a PEG ratio of 1.85 and a beta of 1.32. Percolating inflation also is a pain point for bond prices, which move inversely to yields-a factor that can also amplify already tightening financial conditions for US corporations. Read More »

Is it time to Sell Now? Dick's Sporting Goods, Inc. (DKS)


This article presents updated analysis story and can support yours research about Dick's Sporting Goods, Inc . TROW now trades at a forward P/E of 15.26, a P/B of 4.83, and a P/S of 5.57 while DKS trades at a forward P/E of 10.03, a P/B of 1.65, and a P/S of 0.39. Read More »

Morse Asset Management Inc Takes $961000 Position in Nvidia (NASDAQ:NVDA)


Nomura Asset Management reported 523,801 shares or 1.17% of all its holdings. The shares were sold at an average price of $220.73, for a total transaction of $1,134,772.93. Nvidia stock traded down $3.28 during mid-day trading on Friday, hitting $256.85. The number of shares traders wanted to buy or sell NVDA was around 14.73 million shares compared with the full-day average over the past 30 days of 15.28 million shares. Read More »

Dropbox tops paying subscriber estimates in first results since IPO


KeyCorp began coverage on Dropbox in a research report on Tuesday, April 17th. However, in after-hours trading the stock was down over 5%. They set an overweight rating and a $40.00 price target on the stock. Dropbox also recorded adjusted earnings per share of $0.08 this past quarter, which was also higher than the $0.05 that was expected. Adjusted earnings came to 8 cents a share. Read More »

Starbucks changes bathroom policy following racial firestorm


Starbucks bathrooms will soon be open to anyone who needs them, not just customers. Starbucks will have an open-door bathroom policy, a decision that marks one of the first initiatives the restaurant will implement after being widely criticized following the arrest of two black men at its Philadelphia store. Read More »

AT&T CEO calls decision to hire Trump fixer Michael Cohen 'serious misjudgment'


AT&T CEO Randall Stephenson at a court hearing in April. Even as Net Neutrality is ending, concerns are being raised that Michael Cohen was being paid by multiple companies to influence Donald Trump as president. "To be clear, everything we did was done according to the law and entirely legitimate". The funds were sent to the bank account of the front company Essential Consultants, which Cohen created before the election and used to transfer money to Daniels in January-August previous year. Read More »

GameStop CEO Resigns, Co-Founder Daniel DeMatteo To Assume Interim Duties


One can only wonder what's going on in the C-suites at GameStop . Mauler had just been appointed to the position in February after the late J. Paul Raines stepped down past year due to health reasons. Over the past 12 months, GameStop shares have lost almost half their value while the Nasdaq Composite index has gained just over 21%. Mauler was a 16 year veteran at the gaming company, and his resignation will likely disrupt whatever traction the struggling company has been trying to gain. Read More »

Barclays CEO Staley fined R10.7m for trying to expose whistleblower


But they did argue that he had breached an individual conduct rule requiring him "to act with due skill, care and diligence". Both regulators have fined Staley 10% of his £4.5m total pay package. "In addition, Barclays is now subject to special requirements to report to the PRA and FCA how it handles its whistleblowing cases in the coming years". Read More »

Traders Spotlight: Depomed, Inc. (DEPO)

The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . The price of crude has been rising for more than two years, from $26 to $71 on Wednesday. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth. Read More »

Symantec says annual report may be delayed due to investigation


Also published the news titled: "Kedrion Biopharma and Kamada Announce KEDRAB® (Rabies Immune Globulin [Human]) Now Shipping; Distribution ..." on May 08, 2018. If the $17.65 price target is reached, the company will be worth $825.79M less. Symantec had 12 analyst reports since December 19, 2017 according to SRatingsIntel. Read More »

Top AT&T Lobbyist Retires Over 'Big Mistake' With Trump's Lawyer

Perhaps more importantly, Cohen's job was also to "creatively address political and communications issues", which suggests he was hired to advise the company on matters before the Federal Communications Commission (FCC). The payments by the companies were revealed this week by the lawyer for Stormy Daniels , who alleges she had a sexual relationship with Mr Trump in 2006 - a claim the president denies. Read More »

Going healthy! London wants to ban fast-food ads on public transport


London has one of the highest childhood obesity rates in Europe - almost 40% of 10-11 year-olds in the capital are overweight or obese, according to the statement . Khan had more pressing priorities, such a knife crime , and Hilary Ross, head of retail, food, and hospitality at law firm DWF said the ban would do little to tackle obesity. Read More »

Sainsbury's-Asda could be 'forced to sell 73 supermarkets'


However, Morrisons Chief Executive David Potts said Thursday's robust first quarter numbers showed his strategy was delivering for stakeholders. The e-commerce business already provides Morrisons food deliveries to British customers using its Pantry and Prime services. Read More »

Boston Dynamics' terrifying robots can now run, jump and climb


The robot jogs methodically across an expanse of grass, against a backdrop of trees punctuated by a few isolated buildings. "Today, we have the more alarming sight of Boston Dynamics " human-sized robot going for a run in the countryside, looking at a glance like someone running the London marathon for charity in really impractical fancy dress. Read More »

Npower hikes energy prices for 1m customers


It has launched a new Price Freeze June 2022 tariff exclusively for those customers who will be affected, costing £1,166 on average. Managing director of domestic markets Simon Stacey said the decision "wasn't taken lightly". It is also the reason given by the other Big Six providers for pushing up prices, and Ofgem cited it when it increased the prepayment price cap last month. Read More »

Windsor jobless rate notches up; still below national average


Across the country, wage growth hit its highest level in almost six years last month as the economy posted a net loss of 1,100 jobs and an unemployment rate that held steady at 5.8 per cent. Statistics Canada released a new jobs report Friday that showed average hourly wages in April were 3.6 per cent higher than they were a year earlier. Read More »

Is American Eagle Outfitters (NYSE:AEO) a Sell? What does Wedbush Think?

The business is scheduled to report its next earnings results on Wednesday, May 16th. 69% are bullish. 23 are the (NYSE: AEO)'s analyst reports since November 10, 2017 according to StockzIntelligence Inc. The disclosure for this sale can be found here. The overall volume in the last trading session was 578,397 shares. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Read More »

Korean Crypto Exchange Upbit Raided Amid Suspicions of Fraud


In March, prosecutors reportedly raided the offices of three cryptocurrency exchanges on suspicion of siphoning off funds from customers' accounts. Asked for comment, a UPbit representative declined to elaborate, saying that "At this time, I cannot answer anything about this seizure". Last month, the chairman of Coinnest , Kim Ik-hwan was detained for fraud and embezzlement charges. Read More »

Zoopla-owner ZPG 'sold' to U.S. tech fund for £2.2bn


It has established strong positions in property classifieds, home and financial services markets by innovating in product and marketing. The stock increased 30.28% or GBX 113.6 during the last trading session, reaching GBX 488.8. Barclays Capital maintained the shares of ZPG in report on Thursday, January 25 with "Hold" rating. The stock of ZPG Plc (LON: ZPG ) earned "Buy" rating by Liberum Capital on Wednesday, November 29. Read More »

UltraTech gets Supreme Court boost in Binani Cement battle


Economic Times reported that Resolution Professional allows representation of Binani's operational creditors The Resolution Professional of the Binani Committee of Creditors has allowed representation of the operational creditors of Binani Cement , despite no provision of the same under existing norms. Read More »

Seattle Businesses Decry Proposed 'Head Tax'


The original, larger head tax would cost large businesses roughly $500 per full time employee, per year and is estimated to raise $75 million per year. Amazon upped the ante last week when it said it would stop construction planning on a 17-story tower and rethink filling space in another building pending the outcome of the tax vote. Read More »

ValuEngine Downgrades Dean Foods (DF) to Strong Sell


BMO Capital Markets reissued a market perform rating and set a $10.00 price objective (down from $12.00) on shares of Dean Foods in a report on Tuesday, February 27th. This represents a $0.36 annualized dividend and a dividend yield of 4.41%. Dividends is a reward scheme, that a company presents to its shareholders. Read More »

Bank Of England Lowers Growth Outlook


While the subdued first quarter outturn signified that the full-year growth estimates was lowered, unchanged forecasts for 2019 and 2010 meant that the central bank's broader views on the economy were left intact, stated Lloyds Bank. "With inflation returning to its target in two years the committee clearly thinks time is on its side". Carney has been labeled an "unreliable boyfriend", having already in the past flagged up a rate hike only to back out later. Read More »

Markets Right Now: Stocks open higher on Wall Street


Bank of America gained 2.6 percent to $30.72. The S&P 500 index rose 9.21 points, or 0.3 percent, to 2,672.63. Eastern Time. The Dow Jones industrial average gained 187 points, or 0.8 percent, to 24,450. Nvidia was among the biggest gainers, rising 2.9 percent to $245.97. The Nasdaq composite climbed 64 points, or 0.9 percent, to 7,274. Britain's FTSE 100 gained 0.1 percent. Read More »

Oil PSUs froze fuel prices to avoid consumer pain - IOC Chairman


Separately, oil minister Dharmendra Pradhan said the government has nothing to do with fuel pricing after it deregulated and gave PSUs freedom to fix retail rates. "So, we moderate to a certain extent so that peaks are avoided", he added. "We have chose to temporarily moderate retail prices by not passing on the required increase as we believe the current worldwide oil product prices are not supported by fundamentals ". Read More »

Buyers seek U.S. waivers to buy Iranian oil amid new sanctions


Oil's recent rally has been propelled by Trump's decision to reinstate sanctions on Iran and on simmering geopolitical tensions surrounding the energy-rich Middle East . Iran re-emerged as a major oil exporter in 2016 after global sanctions against it were lifted in return for curbs on its nuclear program, with its April exports standing above 2.6 million barrels per day (bpd). Read More »