Money


No rate cuts before Diwali. RBI keeps repo rate unchanged No rate cuts before Diwali. RBI keeps repo rate unchanged
- October 04, 2017

This was the fourth bi-monthly policy review by RBI's Monetary Policy Committee that was formed past year on the lines of Federal Open Market Committee in the US. Mumbai: The Reserve Bank of India (RBI) kept its policy rate unchanged at a near seven-year low of 6% on Wednesday despite a sharp slowdown in economic growth, after a surge in consumer inflation to a five-month high. (more...)
RBI to print new Rs 100 notes from April 2018 RBI to print new Rs 100 notes from April 2018
- October 04, 2017

There will no adjustment in the size and dimensions of the new notes to ensure that it is compatible with the automatic-teller machines (ATMs). The old Rs 100 notes will be withdrawn gradually. India has a total of 1,04,500 ATMs, as per the the data provided by the National Payments Corporation of India (NPCI). The note has other designs and geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. (more...)
Global Gravimetric Diluters Market Outlook, Growth, Demand, Forecast 2017 Global Gravimetric Diluters Market Outlook, Growth, Demand, Forecast 2017
- October 04, 2017

The Avocado Oil Market , presents critical information and factual data about Avocado Oil Industry, with an overall statistical study of this market based on market drivers , market limitations, and its future prospects. The report offers AN comprehensive define of the key segments at intervals the market. The report provides upstream and downstream analysis covering major raw material used in manufacturing of Content Analytics along with detailed manufacturing sources. (more...)
RCom tanks 11% as Aircel deal is off RCom tanks 11% as Aircel deal is off
- October 04, 2017

Also, the merger would have eased the companies to pay down the combined debt that soared to about 600 billion rupees ($9.2 billion) as of the end of past year. Following the downtrend in the stock, the market capitalisation of the company fell by Rs 523 crore to Rs 4,256.16 crore. Banks will have to get involved for the strategic debt restructuring (SDR) to continue after the deal with Aircel collapsed. (more...)
Tesco's profit bounces back and dividend returns as turnaround plan pays off Tesco's profit bounces back and dividend returns as turnaround plan pays off
- October 04, 2017

Tesco said the resumption of its dividend after a three year break "reflects improved performance and board confidence". Tesco has reported a better-than-expected operating profit of £562 million over the six months on the back of a 3.7 per cent rise in sales to £28.3 billion. (more...)
Scandal-plagued Equifax wins $7.25 million contract from IRS Scandal-plagued Equifax wins $7.25 million contract from IRS
- October 04, 2017

Equifax revealed last month that it had endured a massive cybersecurity breach in July, potentially exposing the personal information for nearly half of all Americans, including names, dates of birth and social security numbers. The IRS, however, defended its decision to award the contract to Equifax. The IRS said in a statement that it had conducted an internal. On Tuesday, Richard Smith, the former CEO of Equifax, testified before before the House Energy and Commerce Committee about ... (more...)
Royal Mail faces Christmas walkouts Royal Mail faces Christmas walkouts
- October 04, 2017

It said it has offered proposals of up to a 5% pay increase over two years, as well as to replace with defined benefit pension scheme with another type of defined benefit scheme. "We want to reach agreement". CMU Deputy General Secretary, Postal, Terry Pullinger said the vote was a "massive vote of no confidence in the managerial leadership of the Royal Mail Group". (more...)
Peeling Back the Layers on Shares of Procter & Gamble Company (PG)
- October 04, 2017

Winfield Associates Inc. now owns 2,260 shares of the company's stock worth $197,000 after buying an additional 15 shares during the last quarter. Wheatland Advsr Inc accumulated 13,723 shares. Also, Vice Chairman Jon R. Moeller sold 6,063 shares of the stock in a transaction that occurred on Tuesday, August 15th. The price to current year EPS has 42.10%. (more...)
Analyst Earnings Estimates Review: American Express Company (AXP)
- October 04, 2017

American Express had a net margin of 14.11% and a return on equity of 21.90%. Wellington Management Group LLP now owns 17,198,787 shares of the payment services company's stock worth $1,360,596,000 after purchasing an additional 3,071,573 shares during the period. (more...)
What Are the Charts Saying About CSX Corporation (CSX)?
- October 04, 2017

The average analysts gave this company a mean recommendation of 2.00. Zacks Investment Research upgraded CSX Corporation from a hold rating to a buy rating and set a $61.00 price target for the company in a research note on Tuesday, July 11th. (more...)
Rees-Mogg heckled over abortion views Rees-Mogg heckled over abortion views
- October 04, 2017

Waving posters and placcards, the protesters shouted " Tories out " and lambasted Rees-Mogg for his views on abortion and food banks. In an earlier phone call, Mr Rees-Mogg said he had been unaware the company made the drug. It's a glorious thing about our nation. The arch-Brexiteer gave his backing to foreign secretary Boris Johnson, who has been viewed as mischief-making with his articles and speeches on the terms of leaving the EU. (more...)
Enterprise Products Partners LP (NYSE:EPD) Receives Buy Rating from Stifel Nicolaus Enterprise Products Partners LP (NYSE:EPD) Receives Buy Rating from Stifel Nicolaus
- October 04, 2017

The institutional investor held 5.97M shares of the natural gas distribution company at the end of 2017Q2, valued at $161.68 million, up from 5.79M at the end of the previous reported quarter. BMO Capital Markets restated a "buy" rating and issued a $33.00 price objective on shares of Enterprise Products Partners L.P.in a research note on Wednesday, July 12th. (more...)
Shares Seesawing on Volume: Digital Realty Trust (DLR) Shares Seesawing on Volume: Digital Realty Trust (DLR)
- October 04, 2017

H&R Block, Inc. (NYSE:HRB) for the trailing twelve months paying dividend with the payout ratio of 0.00% to its shareholders. It has outperformed by 3.99% the S&P500. Investors of record on Friday, September 15th were paid a $0.93 dividend. Stifel Nicolaus maintained it with "Hold" rating and $1500 target in Thursday, August 3 report. (more...)
Xander Schauffele named 2017 PGA Tour Rookie of the Year Xander Schauffele named 2017 PGA Tour Rookie of the Year
- October 04, 2017

He won the 2015 Quicken Loans National but finished 151st in the FedExCup standings this past season, which forced him to drop to the Web.com Tour Finals to solidify his status for the upcoming season. Players who played in at least 15 events last season were eligible to vote, and Schauffele was likely a unanimous victor. Former Boise Open champions Martin Piller and Steve Wheatcroft also advanced to the PGA Tour. (more...)
British construction sector slides into decline amid Brexit fears British construction sector slides into decline amid Brexit fears
- October 04, 2017

With UK Construction PMI data scheduled for release this morning, the Pound is now sitting flat against the Dollar and the Euro. Data last week showed speculators had turned positive on the pound for the first time in nearly two years in the week up to last Tuesday, with expectations for a Bank of England interest rate hike as well as optimism around Brexit negotiations driving investors to buy back into the currency. (more...)
Abdulahi Hasan Sharif, Edmonton Suspect, Was Ordered To Leave US In 2011 Abdulahi Hasan Sharif, Edmonton Suspect, Was Ordered To Leave US In 2011
- October 04, 2017

Sharif, but slightly different spelling, was ordered deported from California in the summer of 2011. Sharif's name is spelled Abdullahi Hassan Sharif in the United States. Mike Chernyk, then later intentionally running down four pedestrians with a rented U-Haul truck near Jasper Avenue. The 30-year-old stood passively in court with his hands clasped before him, a large bruise clearly visible on his forehead. (more...)
Investor Watchlist: Royal Caribbean Cruises Ltd. (NYSE:RCL) Shares Under The Lens Investor Watchlist: Royal Caribbean Cruises Ltd. (NYSE:RCL) Shares Under The Lens
- October 04, 2017

Therefore 60% are positive. Copa Holdings SA had 41 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has "Outperform" rating by FBR Capital on Thursday, April 21. Stifel Nicolaus maintained it with "Buy" rating and $116 target in Monday, December 21 report. Royal Caribbean Cruises presently has a consensus rating of "Buy" and a consensus target price of $118.14. (more...)
14 game at Nebraska 14 game at Nebraska
- October 04, 2017

But inside the locker room? "Pretty much, it was just like, 'We're down 0-2". Townsend excels: Cook has been very impressed with the play of Sydney Townsend, a senior defensive specialist from Lincoln. "I think he is a good quarterback". "When you do that, you're always going to have chances to win". The game will be just the second time Ohio State travels to Nebraska since the Huskers joined the Big Ten. (more...)
Jeff Immelt steps aside as GE chairman ahead of schedule Jeff Immelt steps aside as GE chairman ahead of schedule
- October 04, 2017

Immelt handed over the GE CEO role to Flannery on August 1, capping 16 years leading the 125-year-old company. The filing says the board concurred. The move also frees Mr. One analyst at a ratings firm which covers GE said the news that Immelt is leaving earlier as chairman isn't significant given the reins of the company have already have essentially passed to Flannery, a 30-year veteran of the company. (more...)
New Missouri coalition, fundraising effort puts state in contention for Hyperloop system New Missouri coalition, fundraising effort puts state in contention for Hyperloop system
- October 04, 2017

Hyperloop One , a company that says it's the only one to build a "full-scale Hyperloop test system", announced along with the Missouri Department of Transportation that a public-private coalition has formed to renew consideration of a route in Missouri. (more...)