Money
CBI arrest four person in PNB scam
- March 06, 2018
The agency has yet to track down Modi and Choksi, who left India in January before the fraud came to light. On Saturday, a Mumbai court issued non-bailable warrants against Modi and Choksi. Both have issued statements denying the CBI's charges. The quantum of the alleged fraud perpetrated in the bank by billionaire jewellers Modi and Choksi stands close to Dollars 2 billion after the teams of the CBI and PNB found fresh LoUs and LCs worth Rs. (more...)
- March 06, 2018
The agency has yet to track down Modi and Choksi, who left India in January before the fraud came to light. On Saturday, a Mumbai court issued non-bailable warrants against Modi and Choksi. Both have issued statements denying the CBI's charges. The quantum of the alleged fraud perpetrated in the bank by billionaire jewellers Modi and Choksi stands close to Dollars 2 billion after the teams of the CBI and PNB found fresh LoUs and LCs worth Rs. (more...)
BBPA supports apprenticeship event in Parliament, as National Apprenticeship Week heats up
- March 06, 2018
New research fromGrant Thornton shows that 77% of young people believe apprenticeships offer good career prospects, and 79% of parents think the same. This was followed by 80 percent of employers wanting more freedom to spend the Levy on small businesses in their supply chain. Apprenticeships aren't just for school leavers, either. (more...)
- March 06, 2018
New research fromGrant Thornton shows that 77% of young people believe apprenticeships offer good career prospects, and 79% of parents think the same. This was followed by 80 percent of employers wanting more freedom to spend the Levy on small businesses in their supply chain. Apprenticeships aren't just for school leavers, either. (more...)
McDonald's is putting fresh beef in the Quarter Pounder
- March 06, 2018
Over the next month, fresh beef burgers will become available at restaurants in Los Angeles, Houston and San Francisco. Fast food chain McDonald's has started offering fresh beef in burgers sold at its U.S. Franchisees were skeptical of the fresh beef patties as were investors and even some of the McDonald's corporate team. "What we obviously had to get comfortable with is that we could deliver it consistently and that we could do it in a way that didn't impact service times", he said. (more...)
- March 06, 2018
Over the next month, fresh beef burgers will become available at restaurants in Los Angeles, Houston and San Francisco. Fast food chain McDonald's has started offering fresh beef in burgers sold at its U.S. Franchisees were skeptical of the fresh beef patties as were investors and even some of the McDonald's corporate team. "What we obviously had to get comfortable with is that we could deliver it consistently and that we could do it in a way that didn't impact service times", he said. (more...)
Global Electric Trucks Market 2017 - Dongfeng, Hino Motors, Daimler, PACCAR, Isuzu
- March 06, 2018
The region is expected to dominate the overall market during the forecast period due to the rapid industrialization in the emerging economies. The analysis of key development opportunities and threats to the Electric Vehicle Battery Cell market is covered. (more...)
- March 06, 2018
The region is expected to dominate the overall market during the forecast period due to the rapid industrialization in the emerging economies. The analysis of key development opportunities and threats to the Electric Vehicle Battery Cell market is covered. (more...)
Analyst's Predictions on Sprint Corporation (S), Starbucks Corporation (SBUX)
- March 06, 2018
Whitebox Advisors Llc who had been investing in Par Pacific Holdings Inc for a number of months, seems to be less bullish one the $793.80M market cap company. Comparatively, CRM's free cash flow per share was +0.02. Lombard Odier Asset Mgmt (Switzerland) Sa reported 0.17% in Starbucks Corporation (NASDAQ:SBUX). (more...)
- March 06, 2018
Whitebox Advisors Llc who had been investing in Par Pacific Holdings Inc for a number of months, seems to be less bullish one the $793.80M market cap company. Comparatively, CRM's free cash flow per share was +0.02. Lombard Odier Asset Mgmt (Switzerland) Sa reported 0.17% in Starbucks Corporation (NASDAQ:SBUX). (more...)
Starbucks (SBUX) Getting Somewhat Favorable News Coverage, Report Finds
- March 06, 2018
Among new and sold out positions, 214 holders initiated new positions by a total of 10.48 million shares and 74 holders exited their positions by a total of 5.56 million shares. Since September 7, 2017, it had 0 insider purchases, and 2 selling transactions for $12.75 million activity. On Wednesday, January 31 the insider BURROWS CLIFFORD sold $9.28 million. (more...)
- March 06, 2018
Among new and sold out positions, 214 holders initiated new positions by a total of 10.48 million shares and 74 holders exited their positions by a total of 5.56 million shares. Since September 7, 2017, it had 0 insider purchases, and 2 selling transactions for $12.75 million activity. On Wednesday, January 31 the insider BURROWS CLIFFORD sold $9.28 million. (more...)
Qualcomm Offers Talks with Broadcom, Which Rejects Overture as 'Theater'
- March 06, 2018
It has outperformed by 9.38% the S&P500. (QCOM) by 8.52% based on its latest 2017Q3 regulatory filing with the SEC. Qualcomm's shares rose 2.4 percent to $64.79 in early trading on Monday, still well below Broadcom's latest offer of $79 per share. (more...)
- March 06, 2018
It has outperformed by 9.38% the S&P500. (QCOM) by 8.52% based on its latest 2017Q3 regulatory filing with the SEC. Qualcomm's shares rose 2.4 percent to $64.79 in early trading on Monday, still well below Broadcom's latest offer of $79 per share. (more...)
Forbes Russian Billionaires 2018: new leader
- March 06, 2018
The magazine named Jeff Bezos, the Amazon founder and chief executive, as the world's richest man with a $112bn fortune, usurping Microsoft co-founder Bill Gates , who dropped to second with $90bn. The billionaires increased their combined wealth by $1.4bn over the past year. Hedge fund founder Ken Griffin continued to top the list of richest Illinoisans as tracked by Forbes . (more...)
- March 06, 2018
The magazine named Jeff Bezos, the Amazon founder and chief executive, as the world's richest man with a $112bn fortune, usurping Microsoft co-founder Bill Gates , who dropped to second with $90bn. The billionaires increased their combined wealth by $1.4bn over the past year. Hedge fund founder Ken Griffin continued to top the list of richest Illinoisans as tracked by Forbes . (more...)
Veeva Systems Inc (VEEV) CMO Sells 934 Shares of Stock
- March 06, 2018
In related news, CMO Eleni Nitsa Zuppas sold 934 shares of Veeva Systems stock in a transaction dated Friday, March 2nd. It has outperformed by 98.23% the S&P500. As per Friday, March 2, the company rating was maintained by KeyBanc Capital Markets. NeuroMetrix, Inc., a medical device company, develops and markets products for the detection, diagnosis, and monitoring of peripheral nerve and spinal cord disorders. (more...)
- March 06, 2018
In related news, CMO Eleni Nitsa Zuppas sold 934 shares of Veeva Systems stock in a transaction dated Friday, March 2nd. It has outperformed by 98.23% the S&P500. As per Friday, March 2, the company rating was maintained by KeyBanc Capital Markets. NeuroMetrix, Inc., a medical device company, develops and markets products for the detection, diagnosis, and monitoring of peripheral nerve and spinal cord disorders. (more...)
PNB fraud: Top bankers Chanda Kochhar, Shikha Sharma summoned
- March 06, 2018
They were asked to appear in the Mumbai SFIO today. Our intention is to get the information from these two banks. "We would like to question both of them". The official handling the case sought 100 per cent cash guarantee before any such letters could be issued to which the company officials said no such guarantee was sought in the past. (more...)
- March 06, 2018
They were asked to appear in the Mumbai SFIO today. Our intention is to get the information from these two banks. "We would like to question both of them". The official handling the case sought 100 per cent cash guarantee before any such letters could be issued to which the company officials said no such guarantee was sought in the past. (more...)
Purchases New Stake in Dicks Sporting Goods Inc (NYSE:DKS)
- March 06, 2018
The institutional investor held 37,285 shares of the other specialty stores company at the end of 2017Q3, valued at $1.01M, down from 196,575 at the end of the previous reported quarter. 155,019 shares or 7.99% less from 168,486 shares in 2017Q2 were reported. Mccullar said that the staff at Dick's are "phenomenal" and easy to work worth, the managers are "great people", and the "pay is good". (more...)
- March 06, 2018
The institutional investor held 37,285 shares of the other specialty stores company at the end of 2017Q3, valued at $1.01M, down from 196,575 at the end of the previous reported quarter. 155,019 shares or 7.99% less from 168,486 shares in 2017Q2 were reported. Mccullar said that the staff at Dick's are "phenomenal" and easy to work worth, the managers are "great people", and the "pay is good". (more...)
Cheniere and GAIL Celebrate Commencement of 20-year LNG Contract
- March 06, 2018
Following the transaction, the director now owns 35,765 shares in the company, valued at $1,947,046.60. Cheniere Energy Ptnrs Lp Hld now has $6.43B valuation. Princeton Portfolio Strategies Group Llc who had been investing in Nextera Energy Inc for a number of months, seems to be less bullish one the $71.96 billion market cap company. (more...)
- March 06, 2018
Following the transaction, the director now owns 35,765 shares in the company, valued at $1,947,046.60. Cheniere Energy Ptnrs Lp Hld now has $6.43B valuation. Princeton Portfolio Strategies Group Llc who had been investing in Nextera Energy Inc for a number of months, seems to be less bullish one the $71.96 billion market cap company. (more...)
Burt Wealth Advisors Reduces Position in General Electric (NYSE:GE)
- March 06, 2018
It has underperformed by 21.16% the S&P500. Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. Thompson Siegel & Walmsley Lc has invested 0.1% of its portfolio in General Electric Company (NYSE:GE). Therefore 18% are positive. American Express Company had 108 analyst reports since July 23, 2015 according to SRatingsIntel. (more...)
- March 06, 2018
It has underperformed by 21.16% the S&P500. Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. Thompson Siegel & Walmsley Lc has invested 0.1% of its portfolio in General Electric Company (NYSE:GE). Therefore 18% are positive. American Express Company had 108 analyst reports since July 23, 2015 according to SRatingsIntel. (more...)
Sultan Azlan Shah Cup: England 4-1 Ireland
- March 06, 2018
India had lost their tournament opener to Argentina 2-3 before drawing 1-1 with England. Australia will look to wear India out. Catch highlights of India vs Australia, Sultan Azlan Shah Cup 2018 hockey, here. India had dominated the match right from the first quarter with Shilanand Lakra opening the scoring for the team as early as in the 14th minute. England were awarded their first penalty corner of the match towards the start of the third quarter, however, Mark Gleghorne's ... (more...)
- March 06, 2018
India had lost their tournament opener to Argentina 2-3 before drawing 1-1 with England. Australia will look to wear India out. Catch highlights of India vs Australia, Sultan Azlan Shah Cup 2018 hockey, here. India had dominated the match right from the first quarter with Shilanand Lakra opening the scoring for the team as early as in the 14th minute. England were awarded their first penalty corner of the match towards the start of the third quarter, however, Mark Gleghorne's ... (more...)
U.S. seeks to delay vote in Qualcomm-Broadcom takeover
- March 06, 2018
Such a move could hurt the US's effort to develop 5G wireless technology because of the small existing number of suppliers that build the hardware. Broadcom said it will fully cooperate with the review, but rejected any national security concerns since it is a US-controlled company, and is in the process of relocating its headquarters back to the United States. (more...)
- March 06, 2018
Such a move could hurt the US's effort to develop 5G wireless technology because of the small existing number of suppliers that build the hardware. Broadcom said it will fully cooperate with the review, but rejected any national security concerns since it is a US-controlled company, and is in the process of relocating its headquarters back to the United States. (more...)
Indy Airport Named Best in North America Again
- March 06, 2018
Delhi International Airport Ltd (DIAL), a GMR led consortium, on Tuesday announced that Delhis Indira Gandhi International Airport ( IGIA ) has become the worlds number one airport in the highest category - over 40 million passengers per annum (MPPA) - as per Airports Council International (ACI) - ASQ 2017 rankings. (more...)
- March 06, 2018
Delhi International Airport Ltd (DIAL), a GMR led consortium, on Tuesday announced that Delhis Indira Gandhi International Airport ( IGIA ) has become the worlds number one airport in the highest category - over 40 million passengers per annum (MPPA) - as per Airports Council International (ACI) - ASQ 2017 rankings. (more...)
CrownBet buys William Hill Australia following Stars Group investment
- March 06, 2018
British bookmaker William Hill (WMH.L) drew a line under a costly bet on Australia on Tuesday with the sale of its business there to CrownBet for A$314 million (176.21 million pounds). Becoming the majority shareholder in CrownBet, Stars Group governance has retained the services of Matt Tripp as CrownBet CEO . It said in November that it was in "very preliminary discussions" with CrownBet about a possible combination with its Australian business, which operates licensed betting, over the ... (more...)
- March 06, 2018
British bookmaker William Hill (WMH.L) drew a line under a costly bet on Australia on Tuesday with the sale of its business there to CrownBet for A$314 million (176.21 million pounds). Becoming the majority shareholder in CrownBet, Stars Group governance has retained the services of Matt Tripp as CrownBet CEO . It said in November that it was in "very preliminary discussions" with CrownBet about a possible combination with its Australian business, which operates licensed betting, over the ... (more...)
Analysis of Analyst Stock Recommendation:: Crown Castle International Corp. (REIT) (CCI)
- March 06, 2018
The stock increased 5.14% or $3.49 during the last trading session, reaching $71.45. SMA CrossTechnical traders and investors may be looking at the simple moving average 50/200 cross on shares of Crown Castle International Corp. Verition Fund Management Lc owns 5,985 shares. TXN's profit will be $1.09 billion for 24.55 P/E if the $1.11 EPS becomes a reality. Citigroup downgraded the shares of DEO in report on Thursday, May 25 to "Neutral" rating. (more...)
- March 06, 2018
The stock increased 5.14% or $3.49 during the last trading session, reaching $71.45. SMA CrossTechnical traders and investors may be looking at the simple moving average 50/200 cross on shares of Crown Castle International Corp. Verition Fund Management Lc owns 5,985 shares. TXN's profit will be $1.09 billion for 24.55 P/E if the $1.11 EPS becomes a reality. Citigroup downgraded the shares of DEO in report on Thursday, May 25 to "Neutral" rating. (more...)
Diebold Nixdorf Inc (DBD) Receives Average Rating of "Hold" from Brokerages
- March 06, 2018
Diebold Nixdorf Inc (NYSE: DBD ) has an ABR of 2 which is the combined stock view of 6 analysts poll results. It has underperformed by 4.16% the S&P500. The firm earned "Market Perform" rating on Tuesday, September 1 by Raymond James. Credit Suisse Group restated an "outperform" rating and issued a $19.00 target price (down from $25.00) on shares of Diebold Nixdorf in a report on Wednesday, February 14th. (more...)
- March 06, 2018
Diebold Nixdorf Inc (NYSE: DBD ) has an ABR of 2 which is the combined stock view of 6 analysts poll results. It has underperformed by 4.16% the S&P500. The firm earned "Market Perform" rating on Tuesday, September 1 by Raymond James. Credit Suisse Group restated an "outperform" rating and issued a $19.00 target price (down from $25.00) on shares of Diebold Nixdorf in a report on Wednesday, February 14th. (more...)
CBI grills PNB Official in Nirav Modi fraud case
- March 06, 2018
The agency then moved the court for issuance of non-bailable warrants against them. ED had sought help of the Federal Bureau of Investigation of the U.S. It later said the amount could be Rs 1,323 crore higher . Further, they are accused of diversion of the duty exempted goods to the domestic tariff area clandestinely, falsification of documents and violation of rules of special economic zones, the official said. (more...)
- March 06, 2018
The agency then moved the court for issuance of non-bailable warrants against them. ED had sought help of the Federal Bureau of Investigation of the U.S. It later said the amount could be Rs 1,323 crore higher . Further, they are accused of diversion of the duty exempted goods to the domestic tariff area clandestinely, falsification of documents and violation of rules of special economic zones, the official said. (more...)
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