Money


UK Nationwide House Price Growth Steady At 2.5% UK Nationwide House Price Growth Steady At 2.5%
- November 30, 2017

Average UK property prices have fallen from £211,085 in October to £209,988. But because house prices in London are so high, around 81 per cent of first-time buyers in the capital would still pay stamp duty while only 2 per cent in the north of England would. (more...)
Amazon smashes Cyber Monday record Amazon smashes Cyber Monday record
- November 30, 2017

Whole Foods Market in the USA broke its all-time record of turkeys sold during the Thanksgiving season due to lower prices on turkeys and Prime members who received even deeper discounts, according to a press release. To learn more about Amazon Locker, visit amazon.com/locker or to find the nearest Locker visit amazon.com/findalocker . According to Statista, there are now more than 85 million paying Prime subscribers in the US, which spend an average of $1,300 on Amazon.com every year. (more...)
Dow Surges, Breaks Above 24000 Ahead of Senate Tax Vote Dow Surges, Breaks Above 24000 Ahead of Senate Tax Vote
- November 30, 2017

United States shares have reached new highs in recent weeks as tax cuts supported by President Donald Trump have come closer to reality. "What happens in the market in the couple of days or weeks is going to depend on whether the Republicans can get this done". (more...)
Uber had an entire business unit dedicated to stealing trade secrets Uber had an entire business unit dedicated to stealing trade secrets
- November 30, 2017

Uber said it looks forward to the trial against Waymo and remains confident in its case. "Usually it's more divided". According to CNBC , "hours" of testimony on Tuesday as part of the lawsuit between Uber and Google-parent company Alphabet's autonomous auto company Waymo were dedicated to a letter from an ex-Uber employee who claimed that the company kept "unlawful schemes from seeing the light of day". (more...)
Kellogg cuts sugar in top three children's cereals Kellogg cuts sugar in top three children's cereals
- November 30, 2017

The announcement is part of an effort to reduce obesity and related type 2 diabetes figures across the United Kingdom, which sugar contributes towards. Ricicles, one of Kellogg's sweetest cereals, contains 34g of sugar per 100g. Kellogg's also announced that it would cut down the amount of salt in its Rice Krispies and Rice Krispies Multi-Grain Shapes cereals. (more...)
Daily Mail group shares drop to five-year low amid 'challenging conditions' Daily Mail group shares drop to five-year low amid 'challenging conditions'
- November 30, 2017

Shares recovered slightly after Thursday's crash, trading 22.5 per cent down at 544p. It has reduced its stake in Euromoney to 49% from 67%. DMGT reported pretax profit of £ 226m on revenue of £1.66 billion in the year to the end of September, up 1% on an underlying basis. (more...)
India's GDP growth rises to 6.3% for the second quarter of 2017 India's GDP growth rises to 6.3% for the second quarter of 2017
- November 30, 2017

The GDP growth is in line with forecasts made by SBI Research, Ficci, Reuters poll and Bloomberg. The GDP growth rate for the same quarter past year was 7.3 percent. With the January-March quarter result, India had lost its fastest growing economy to China, which grew at 6.9 per cent. " Demonetisation , GST were the measures that impacted economic activities in the past 6-7 months". (more...)
Scheduling glitch leaves American Airlines scrambling to find pilots for holiday flights Scheduling glitch leaves American Airlines scrambling to find pilots for holiday flights
- November 30, 2017

The scheduling problem is affecting flights in some of the nation's biggest airports, including New York, Miami, Dallas-Fort Worth and Chicago, according to a memo from the airline to pilots that was seen by CNBC . Still, industry experts say the increased complexity of airline computer systems is to blame for a growing number of glitches that have recently grounded airplanes and posted ultra-cheap airfares. (more...)
Ithaka Group LLC Takes Position in Autodesk, Inc. (ADSK) Ithaka Group LLC Takes Position in Autodesk, Inc. (ADSK)
- November 30, 2017

IFP Advisors Inc now owns 1,699 shares of the software company's stock valued at $171,000 after purchasing an additional 145 shares during the period. One analyst has rated the stock with a sell rating, four have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. (more...)
Some Stocks within Concentration: Juniper Networks, Inc. (JNPR), Bazaarvoice, Inc. (BV) Some Stocks within Concentration: Juniper Networks, Inc. (JNPR), Bazaarvoice, Inc. (BV)
- November 30, 2017

Bazaarvoice, Inc. (BV) shares Jumped 0.46% and ended the day at $5.45. California Public Employees Retirement System boosted its position in shares of Juniper Networks by 2.2% during the 3rd quarter. The business also recently declared a quarterly dividend, which will be paid on Thursday, June 22nd. Stockholders of record on Friday, December 1st will be given a dividend of $0.10 per share. (more...)
Jaitley: India has standardised itself for growth rate of 7-8% Jaitley: India has standardised itself for growth rate of 7-8%
- November 30, 2017

The country has seasoned itself for a 7-8 percent growth rate, as macroeconomic fundamentals have improved. Stressing that India had structurally reformed and that there's no finishing line, Jaitley said the GST rates could be rationalised by merging 12% and 18% slabs into one, and "it would depend upon the revenue collection". (more...)
OH police officer shocks partner with stun gun, injuring him OH police officer shocks partner with stun gun, injuring him
- November 30, 2017

Police say an OH police officer accidentally shot his partner with a stun gun while they tried to arrest a suspect. The two officers were attempting to arrest a suspect as they investigated a domestic violence report in Riverside, which is near Dayton in southeast OH, the Dayton Daily News reported. (more...)
Centre, Delhi propose steps to check rising onion prices Centre, Delhi propose steps to check rising onion prices
- November 30, 2017

The current onion crisis, triggered by an nearly 30 per cent drop in kharif onion acreage in Maharashtra and Karnataka, two major onion-growing states, will also be short-lived. "But now I purchase only half-a-kilo", said Sunita Saini, a resident of Adarsh Nagar area. "In wholesale market here at Muhana, onion is being sold at Rs 35 per kg". (more...)
Oil Eases Further Following US Inventory Reading Oil Eases Further Following US Inventory Reading
- November 30, 2017

Besides, sufficient stocks position following increased supplies from the producing regions, fuelled the downtrend. Crude oil prices traded under pressure on Wednesday dropping almost 2%, falling below support near the 10-day moving average at 56.99, which is now seen as short-term resistance. (more...)
Insider WARGO J DAVID bought 20000 Shares Of Discovery Communications, Inc. (DISCA)
- November 30, 2017

It has underperformed by 16.38% the S&P500. Swarthmore Group Inc decreased Discovery Communicatns New ( DISCA ) stake by 91.97% reported in 2017Q2 SEC filing. Following the completion of the acquisition, the director now owns 147,591 shares in the company, valued at $2,326,034.16. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,424 shares of the company's stock worth $295,000 after acquiring an additional 102 shares during the last quarter. (more...)
US Third Quarter GDP Bumped Up to 3.3 Percent US Third Quarter GDP Bumped Up to 3.3 Percent
- November 29, 2017

On a seasonally adjusted basis, GDP growth moderated to 3.2 percent in the third quarter from 3.6 percent in the second quarter. The acceleration in real GDP in the third quarter reflected an acceleration in private inventory investment, a downturn in imports, and smaller decreases in state and local government spending and in residential fixed investment that were partly offset by decelerations in PCE, in nonresidential fixed investment, and in exports. (more...)
Union: Thousands of American Airlines flights have no pilots after schedule glitch Union: Thousands of American Airlines flights have no pilots after schedule glitch
- November 29, 2017

Miller declined to reveal the potential number of flights involved, saying the airline expects to avoid cancellations. "We are working through this to make sure we take care of our pilots and get our customers to where they need to go over the holidays", he told Bloomberg. (more...)
TradeStation to Offer CME Bitcoin Futures on Its Platform TradeStation to Offer CME Bitcoin Futures on Its Platform
- November 29, 2017

The Wall Street Journal reports that Nasdaq Inc.is planning to launch Bitcoin futures as soon the first half of 2018. "These are technically listed as exchange-traded products, since they would only be trading a single commodity, in this case bitcoins". (more...)
BuzzFeed reorganises ad sales division as it cuts 8% of workforce BuzzFeed reorganises ad sales division as it cuts 8% of workforce
- November 29, 2017

Buzzfeed is chopping 8 percent of its workforce amid reports that shortfalls in revenue are delaying the news site's bid to take itself public. All of the staff cuts in the USA will come from the business and sales side of the company, The Wall Street Journal reports, though some editorial staffers will be impacted in the United Kingdom. (more...)
Third Quarter GDP Revised Up to 3.3% Third Quarter GDP Revised Up to 3.3%
- November 29, 2017

This revision places the quarter as the United States' highest growth in three years. With growth at a 3.1 percent clip in the April-June period, the six months from April to October have seen the fastest expansion since the same period in 2014. (more...)

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