Money


Negev is 'energy future' of Israel, business magnate Elon Musk tells Netanyahu Negev is 'energy future' of Israel, business magnate Elon Musk tells Netanyahu
- March 21, 2018

Musk could also be negotiating a strategic investment in the company. More than half of Musk's roughly $20 billion fortune is tied up in Tesla stock. With every $50-billion gain after that, Musk is richly reward with stock options, until the company's market value hits $650 billion. On the question of motivation, Tesla has said Musk is dedicated to spreading human civilization to other planets, starting with Mars, which would require enormous sums of money. (more...)
Lloyd's of London posts loss, CEO calls it Lloyd's of London posts loss, CEO calls it "exceptionally hard year"
- March 21, 2018

Lloyd's had a pre-tax profit of £2.1 billion in 2016. Hurricanes Harvey, Irma and Maria, along with an quake in Mexico, wildfires in California, monsoon flooding in Bangladesh and a mudslide in Colombia, cost the Lloyd's market £4.5bn in claims, more than double the previous year when it paid out £2.1bn. (more...)
General Mills, Inc. (NYSE:GIS) Position Boosted by Robecosam AG General Mills, Inc. (NYSE:GIS) Position Boosted by Robecosam AG
- March 21, 2018

Volume was more than five times the daily average of around 4.3 million shares. This is evidenced by data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) that shows the equity with a 10-day put/call volume ratio of 1.40, which ranks in the 82nd percentile of its annual range. (more...)
The Clarus Securities Reiterates "Speculative Buy" Rating for Klondex Mines (KDX)
- March 21, 2018

It is down 0.00% since March 20, 2017 and is. It has underperformed by 21.83% the S&P500. It was reported on Mar, 19 by Barchart.com . Among 6 analysts covering Klondex Mines Ltd . Klondex Mines Ltd .is focused on exploration, development and production of mineral properties. The company's Average Earnings Estimate for the Current Fiscal quarter is $0.01, according to consensus of 1 analysts. (more...)
Dollar firm as market looks to Federal Reserve for rate hike outlook Dollar firm as market looks to Federal Reserve for rate hike outlook
- March 21, 2018

Seoul stocks ended marginally lower ahead of Jerome Powell's first post FOMC press conference. Currency Cues by Manisha Gupta; she guides you through the most important trades in commodities, takes a first-hand look at how crude and US dollar will be preforming ahead of the US Federal meet. (more...)
San Francisco Becomes Largest US City To Ban Retailers From Selling Fur San Francisco Becomes Largest US City To Ban Retailers From Selling Fur
- March 21, 2018

As San Francisco's fur ban is implemented, we'll see how businesses and shoppers respond-and whether other USA cities follow its lead. It doesn't apply to second-hand items, or sheep or lambskin. The Humane Society says the vote sends the message that fur is not fashionable. Roughly 50 stores in downtown San Francisco sell fur garments, including major retailers. (more...)
Nearly 100 jobs to go in Toys R Us distribution hub closure Nearly 100 jobs to go in Toys R Us distribution hub closure
- March 21, 2018

Strategic Marks bought the KB Toys brand from Bain Capital in 2016, the same company that bought Toys R Us in 2006. "Now, with the closing of [Toys R Us] so quickly, it caught us by surprise so we've spent the last few days with our team and leaders in the toy industry to figure out how we can accelerate the project so our stores can open for the Christmas season", he said. (more...)
Revenue Growth Analysis of Kinross Gold Corporation (NYSE:KGC)
- March 21, 2018

Investors could set buy and sell price points around target prices to maximize returns. EPS is considered to be the only most crucial variable in determining a share's price . As PCRX has a P/S, P/E and P/B estimations of 4.35, 0 and 4.46 separately. Relative strength index (RSI-14) for KGC is observed at 41.27. The counter witnessed a trading volume of 1.23 million shares versus an average volume of 0.5 million shares during last trading session. (more...)
Nasa reveal plan to stop asteroids hurtling towards Earth Nasa reveal plan to stop asteroids hurtling towards Earth
- March 21, 2018

A small asteroid, about the size of the Empire State building , could be heading towards Earth in the year 2135 and although it isn't as big as the one believed to have hit Earth during the era of the dinosaurs, it is still a cause of grave concern. (more...)
Explosion rattles FedEx facility near San Antonio Explosion rattles FedEx facility near San Antonio
- March 21, 2018

The blast comes as authorities search for answers to a series of explosions that have rattled Austin. It is the fifth explosion of a device either in Austin or meant to be delivered to the city. "T$3 he package was moving from an elevated conveyor belt to a lower section when it exploded", the television station reports. It happened at a facility near San Antonio with 75 workers inside at the time. (more...)
Sensex Rises Over 200 Points To Reclaim 33000 Mark; Nifty Nears 10200 Sensex Rises Over 200 Points To Reclaim 33000 Mark; Nifty Nears 10200
- March 21, 2018

Rupee is trading at 65.19 against the USA dollar in early trade ahead of the Federal Reserve's policy decision. Gains were led by realty, banking and PSU stocks which rose up to 1.50 per cent. Meanwhile, on a net basis, domestic institutional investors (DIIs) made purchases worth Rs 731.17 crore, while foreign portfolio investors (FPIs) bought shares worth Rs 344.16 crore on Tuesday, provisional data showed. (more...)
Asian stocks advance ahead of Fed meeting, Tokyo closed Asian stocks advance ahead of Fed meeting, Tokyo closed
- March 21, 2018

China's Shanghai Composite index rose 11.39 points or 0.4% to 3,290.64 as China's legislature nominated Yi Gang, vice-governor of the People's Bank of China, as its new chief. dollar climbed to a one-week high against the Japanese yen as traders limbered up for the start of a two-day Fed Reserve meeting. Japan's Nikkei fell 1.0 percent. (more...)
Stock Can't Reverse The Downward Trend: Walmart Inc. (NYSE:WMT) Stock Can't Reverse The Downward Trend: Walmart Inc. (NYSE:WMT)
- March 21, 2018

CYS Investments, Inc ., ( NYSE: CYS ), showed a change of -1.76% and closed at $6.7 in the last trading session. Nfc Investments Llc decreased its stake in Alliance Holdings Gp Lp (AHGP) by 20.28% based on its latest 2017Q3 regulatory filing with the SEC. (more...)
Zombies come to Rainbow Six Siege in new Outbreak mode Zombies come to Rainbow Six Siege in new Outbreak mode
- March 21, 2018

A ten year plan doesn't seem overly ambitious when you consider the player count is still growing - it now stands at 27 million total players. So, Ubisoft's plan does not include a sequel anytime soon but there are more changes on the way. (more...)
Climate migration hotspots to emerge by 2030, many places to become uninhabitable Climate migration hotspots to emerge by 2030, many places to become uninhabitable
- March 21, 2018

While conflict and economic reasons are often the biggest factors for people moving within countries, climate change will soon have its own part to play. "We have a small window now, before the effects of climate change deepen, to prepare the ground for this new reality". Across each scenario, they applied demographic, socioeconomic and climate impact data at a 14-square kilometer grid-cell level to model likely shifts in population within countries. (more...)
James Packer resigns from Crown Resorts citing 'mental health issues' James Packer resigns from Crown Resorts citing 'mental health issues'
- March 21, 2018

Shares in Crown were 18 cents, or 1.4 per cent, lower at $12.89 at 1153 AEDT. It followed the jailing of 16 Crown employees in China for illegally promoting gambling. Crown Resorts did not offer any further explanation but The Australian reported this morning that they were "mental health" reasons. In a rare interview with the Australian newspaper in October a year ago, Mr Packer revealed he wanted a more "simple life" and acknowledged he had lost friends, put on weight and had led a ... (more...)
McDonald's targets major reduction in carbon footprint by 2030 McDonald's targets major reduction in carbon footprint by 2030
- March 21, 2018

Maple Capital Management Inc who had been investing in Suntrust Banks for a number of months, seems to be bullish on the $33.27B market cap company. About 62,440 shares traded. Jefferies maintained it with "Buy" rating and $125.0 target in Friday, November 3 report. Robert W. Baird has "Buy" rating and $170.0 target. The rating was maintained by Stifel Nicolaus with "Hold" on Thursday, July 13. (more...)
Trump says to meet with Putin in Trump says to meet with Putin in "not too distant future"
- March 21, 2018

John McCain, R-Ariz., who chairs the Senate Armed Services Committee and has pressed the Trump administration to respond aggressively to Russia's interference in the USA presidential election . seeing President Putin in the not-too-distant future". "The president has been getting many congratulatory messages from foreign leaders". The White House later said there were no specific plans for a summit meeting. (more...)
The QUALCOMM, Inc. (QCOM) Short Interest Down 6.4% in February
- March 21, 2018

About 20.18 million shares traded or 70.06% up from the average. At the moment, the 14-day ATR for QUALCOMM Incorporated (NASDAQ: QCOM ) is noted at 1.73. The company operates in the Technology sector with a market capitalization of 86.68 Million. The firm earned "Outperform" rating on Thursday, July 23 by Oppenheimer. (more...)
Ubisoft ends 2.5-year takeover bid by allying with Chinese titan Tencent Ubisoft ends 2.5-year takeover bid by allying with Chinese titan Tencent
- March 21, 2018

Two new long-term investors, Tencent and Ontario Teachers' Pension Plan will purchase respectively 5.0% and 3.4% of the share capital. Ubisoft and CEO Yves Guillemot have made it clear they oppose the moves, and now they've gotten precisely what they were seeking-a complete sell-off of Vivendi's Ubisoft stock. (more...)

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