Money


HDFC Bank Revises Interest Rates On Saving Accounts HDFC Bank Revises Interest Rates On Saving Accounts
- August 17, 2017

The bank would pay interest of 5 per cent on balance above Rs 1 crore. Under the new structure, the interest rate revision impact on customers with lower balance is negligible while the saving bank accounts with higher balance will attract higher interest. (more...)
Transocean's (NYSE:RIG) Hold Rating Reiterated at Jefferies Group LLC Transocean's (NYSE:RIG) Hold Rating Reiterated at Jefferies Group LLC
- August 17, 2017

Deutsche Bank AG dropped their price objective on Transocean from $8.00 to $7.00 and set a "hold" rating for the company in a research note on Tuesday, April 18th. Creative Planning increased its stake in Transocean by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 12,383,504 shares of the offshore drilling services provider's stock valued at $154,170,000 after buying an additional 1,254,887 shares during the period. (more...)
USA stocks rise after Fed minutes USA stocks rise after Fed minutes
- August 17, 2017

The minutes rekindled debate on the timing for future policy moves, including when the central bank will begin winding down its balance sheet, as economic data continue to paint a mixed picture on the strength of the American economy. The greenback reached a high of Y110.948 against the Japanese Yen Wednesday, but has since pulled back to around Y110.175. Benchmark 10-year notes US10YT=RR last rose 10/32 in price to yield 2.2325 percent, from 2.266 percent late on Tuesday. (more...)
Changes coming for PC Financial customers Changes coming for PC Financial customers
- August 17, 2017

A change in the Canadian banking industry is about to happen. "The banks are revamping their user interface continuously". At the same time, both CIBC and President's Choice Bank , a subsidiary of Loblaw Companies , announced the end of their 20-year business relationship. (more...)
Direct Line Insurance Group PLC Direct Line Insurance Group PLC
- August 17, 2017

As per Wednesday, August 16, the company rating was maintained by Liberum Capital. The rating was maintained by Panmure Gordon with "Buy" on Wednesday, January 11. Ubs Asset Americas owns 169,193 shares or 0.01% of their U.S. portfolio. Amalgamated Savings Bank owns 12,536 shares. Css Ltd Liability Corp Il holds 0.01% or 17,381 shares. (more...)
Kingfisher sales drops in second quarter Kingfisher sales drops in second quarter
- August 17, 2017

Sales at B&Q tumbled in the second quarter, with the firm blaming wetter than usual summer weather for the slump. As well as weakness in the French market, the firm said it's dealing with disruption from its restructuring plan, and it didn't have the luck of good weather to boost sales, as it benefited from this time past year. (more...)
India institutes price caps for orthopedic knee implants India institutes price caps for orthopedic knee implants
- August 17, 2017

Cobalt-chromium implants are now sold at prices ranging from ₹1.5-2.5 lakh, the Minister said. The decision is expected to save patients about Rs 1,500 crore annually on surgeries, and the move comes about five months after a similar decision to cap prices of cardiac stents. (more...)
Domestic flights may charge higher prices if commuters baggage exceeds 15 kg Domestic flights may charge higher prices if commuters baggage exceeds 15 kg
- August 17, 2017

You could have to shell out as much as Rs 350 per kilo if you're flying on a domestic airline with extra luggage. Government-owned Air India, however, allow passengers to fly with 25 kg of free check-in luggage. The order was challenged by the Federation of Indian Airlines, which has carriers like IndiGo, Jet, GoAir and SpiceJet as its members. The Delhi High Court has put a stay on the extra Rs 100 fee that was charged by the private airlines. (more...)
Wildfires near Greek capital under control Wildfires near Greek capital under control
- August 17, 2017

Greece on Tuesday pleaded for assistance from European neighbours to help battle wild fires including a blaze ravaging a forest near Athens . But Malliri said active fronts remained on the island of Zakynthos and in the western Peloponnese, though the situation was improving there as well. (more...)
Three More Business Leaders Leave Trump's Manufacturing Council Three More Business Leaders Leave Trump's Manufacturing Council
- August 17, 2017

Richard Trumka said in a statement posted on Twitter that he "cannot sit on a council for a President who tolerates bigotry and domestic terrorism", and called Tuesday's remarks "the last straw". On Monday, in a statement, Trump denounced neo-Nazis and the Ku Klux Klan as criminals and thugs, bowing to mounting political pressure as critics assailed him for not singling out white supremacists. (more...)
LLC Acquires 75 Shares of Chipotle Mexican Grill, Inc. (CMG)
- August 17, 2017

It has underperformed by 9.08% the S&P500. The stock of Chipotle Mexican Grill, Inc. About 158,789 shares traded. California State Teachers Retirement holds 0.05% of its portfolio in Chipotle Mexican Grill, Inc. Blackrock Japan Limited owns 1.61 million shares. Investors sentiment decreased to 0.64 in Q4 2016. Harbour Capital Advisors LLC increased its stake in Chipotle Mexican Grill by 30,455.0% in the second quarter. (more...)
Trump Attacks Merck CEO for Resigning from a White House Manufacturing Council Trump Attacks Merck CEO for Resigning from a White House Manufacturing Council
- August 17, 2017

After an embarrassing exodus of business leaders, US President Donald Trump has been forced to disband two of his key advisory groups, including the American Manufacturing Council headed by Australia's Andrew Liveris . Later Monday evening, Intel CEO Brian Krzanich said in a blog post that he, too, was resigning "to call attention to the serious harm our divided political climate is causing to critical issues". (more...)
Earnings Forecast of The Coca-Cola Company (KO)
- August 17, 2017

Creative Planning's holdings in Coca-Cola Bottling Co. Companies may issue new shares and buy back their own shares. Vanguard Group Inc. boosted its stake in Coca-Cola Company (The) by 1.8% in the second quarter. The ex-dividend date of this dividend is Wednesday, July 26th. This represents a $1.48 annualized dividend and a yield of 3.20%. COPYRIGHT VIOLATION NOTICE: This report was originally posted by StockNewsTimes and is owned by of StockNewsTimes. (more...)
Dhamra tense after death of three labourers Dhamra tense after death of three labourers
- August 17, 2017

Tension prevailed in the area after the incident. On the other hand, six platoons of police have been deployed on the port premises to avoid any further eventuality. The state government has already declared free treatment for the injured labourers. The death of the five labourers led to violence and arson at the port campus. (more...)
SpaceX Rocket to Fire Hewlett Packard Supercomputer Into Orbit SpaceX Rocket to Fire Hewlett Packard Supercomputer Into Orbit
- August 17, 2017

Astronauts will install the computer at the Destiny module of the ISS. The system does the job, for now. It will be sent to the ISS on a SpaceX Dragon spacecraft that is scheduled to take off August 14, aboard a Falcon 9 rocket , from Cape Canaveral, Florida. (more...)
Sensex surges 321 points, Nifty reclaims 9900 Sensex surges 321 points, Nifty reclaims 9900
- August 17, 2017

Meanwhile, the Nifty was trading higher by 74.00 points or 0.76% at 9,784.80 with 39 components gaining. Consumer Price Index surged to 2.36 per cent, rising for the first time in three months on increased foods prices. Indian shares advanced on Wednesday led by gains in consumer goods stocks such as ITC while easing global tensions over a potential clash between the USA and North Korea also supported sentiment. (more...)
Peel Hunt Trims Foxtons Group PLC (FOXT) Target Price to GBX 60 Peel Hunt Trims Foxtons Group PLC (FOXT) Target Price to GBX 60
- August 17, 2017

The SI to Akebia Therapeutics Incorporated's float is 14.37%. The stock rose 0.39% or $0.5 reaching $129.55 per share. As per Monday, April 4, the company rating was maintained by Macquarie Research. Renaissance holds 0.01% or 174,284 shares in its portfolio. Akebia Therapeutics, Inc.is a biopharmaceutical company. Credit Suisse now has a GBX 2200.00 TP on the 3.97 billion GBP market cap company or 24.22% upside potential. (more...)
Hewlett Packard supercomputer to be delivered to the ISS next Monday Hewlett Packard supercomputer to be delivered to the ISS next Monday
- August 17, 2017

Most of these Hardy Thinkbooks have a very short lifespan in space, some only lasting a few months. Hewlett Packard Enterprise's unassuming Spaceborne Computer will test supercomputing reliability with NASA's help on the International Space Station . (more...)
Solange leaves Twitter with anti-racism parting shot Solange leaves Twitter with anti-racism parting shot
- August 17, 2017

As per Pitchfork , after his press conference yesterday where Donald Trump seemingly flip the switch on condemning the White Supremacist protesters that were behind the events that took place last weekend in Charlottesville, Virginia, the R&B singer took matters into her own hands. (more...)
Cisco Earnings: What to Watch Cisco Earnings: What to Watch
- August 17, 2017

State Street Corp is the second biggest holder with 216 million shares now valued at 7.28 B million whilst Wellington Management Company LLP has 112 million shares valued at 3.77 B million. Cisco Systems has a consensus rating of "Buy" and a consensus price target of $35.31. It turned negative, as 81 investors sold Cisco Systems, Inc . (more...)