Economy

US yields rise in auctions as stocks sink; dollar recovers

US yields rise in auctions as stocks sink; dollar recovers

Shares of Walmart Inc slumped 10.2 percent after the company reported quarterly results that showed a sharp drop in online sales growth during the holiday period. The dollar index, tracking the unit a...

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Walmart US Q4 Ecommerce Sales Slow

Walmart US Q4 Ecommerce Sales Slow

Walmart reported a decrease in digital sales of 23% in the fourth quarter ended January 31, well below the 50% e-comm growth it hit in the previous quarter. The revenue for the retailer for the q...

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Walmart Inc. (NASDAQ:WMT) Expected To Report Earnings On Tuesday

Walmart Inc. (NASDAQ:WMT) Expected To Report Earnings On Tuesday

About 13.21M shares traded or 46.15% up from the average. Wal-Mart Stores Inc ( NYSE WMT ) opened at $104.78 on Tuesday. It has underperformed by 2.87% the S&P500. Invest Counselors Of Maryland hold...

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Steve Wynn not entitled to severance pay: Wynn Resorts

Steve Wynn not entitled to severance pay: Wynn Resorts

The Davidson Kempner Capital Management Lp holds 237,500 shares with $35.37 million value, up from 212,500 last quarter. Amp Capital reported 0.02% of its portfolio in Wynn Resorts, Limited (NASDAQ:WY...

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(NVDA) Stake Lowered by Wedbush Securities Inc

Scorpio Tankers Inc. (NYSE:STNG) has declined 23.80% since February 20, 2017 and is downtrending. It has outperformed by 24.82% the S&P500. Warren Lammert increased its stake in Nvidia Corp ( NVDA )...

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A2 Milk doubles profit, inks Fonterra deal

A2 Milk doubles profit, inks Fonterra deal

A2 Milk Company managing director Geoff Babidge and Fonterra chief executive Theo Spierings said the new strategic relationship included access to Fonterra's global milk pool and supply chain, manufac...

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Uttar Pradesh can become growth engine of country, says PM Narendra Modi

Uttar Pradesh can become growth engine of country, says PM Narendra Modi

According to the Central Statistics Office data, the size of the Maharashtra and Uttar Pradesh economies was $308 billion and $172 billion, respectively, in 2015-16. "On this note, I welcome you to Ut...

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Lloyds Banking Group (LON:LLOY) Stock Rating Reaffirmed by Goldman Sachs Group

Lloyds Banking Group (LON:LLOY) Stock Rating Reaffirmed by Goldman Sachs Group

However the profit figure missed City expectations of £5.7bn, partly due to yet another provision for payment protection insurance (PPI) misselling of £600m, which it took in the fourth quarter. Laith...

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KFC closures as chain runs out of chicken

KFC closures as chain runs out of chicken

Some 450 of KFC'S 900 outlets in Britain remained close yesterday, following "operational issues" with new German delivery supplier DHL. "That caused delays straight away". Disruption is set to contin...

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BHP expecting bids for its USA shale holdings by June

BHP expecting bids for its USA shale holdings by June

The stock decreased 3.57% or GBX 55.8 during the last trading session, reaching GBX 1506.2. BHP Billiton Limited (NYSE: BHP ) yearly performance is 18.79% and net profit margin is 15.40%. It also ...

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Walmart's Online Sales Come Under Pressure

Walmart's Online Sales Come Under Pressure

Walmart delivered a disappointing annual profit forecast as its once-torrid e-commerce sales growth begins to decelerate and the USA tax overhaul provides less of a windfall than expected. Those inves...

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Porsche NEVER wanted to offer DIESEL engines - and now it doesn't

Porsche NEVER wanted to offer DIESEL engines - and now it doesn't

And now the company has stopped global production of the Macan S diesel and also the Panamera 4S diesel . Porsche has announced that it has ended production of all diesel-engined cars and in fu...

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Moors & Cabot Inc. Has $4.70 Million Position in The Coca-Cola Co (KO)

Moors & Cabot Inc. Has $4.70 Million Position in The Coca-Cola Co (KO)

Lowe Brockenbrough & Company Inc sold 7,087 shares as the company's stock rose 6.48% with the market. The institutional investor held 4.74M shares of the beverages (production and distribution) compan...

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EnLink Midstream (ENLC) Coverage Initiated at B. Riley

Credit Suisse downgraded Enable Midstream Partners, LP (NYSE:ENBL) on Tuesday, September 13 to "Neutral" rating. On Monday, July 27 the stock rating was maintained by UBS with "Buy". California Public...

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The US$1.8b Indian bank fraud that went unnoticed

The US$1.8b Indian bank fraud that went unnoticed

Chennai-based City Union Bank said the transfers had been made through correspondent banks even though it had not requested the transfers. Banking sources have said in some banks the SWIFT system, w...

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Stock Tracker: Inside the Numbers for Xcel Energy Inc. (NYSE:XEL)

It has outperformed by 64.66% the S&P500. Goodman Financial Corp increased Kimco Rlty Corp Com (KIM) stake by 10.45% reported in 2017Q3 SEC filing. Chilton Capital Management Llc acquired 61,772 sha...

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Sugar High: Colorado Girl Scouts Can Now Sell Cookies Outside Cannabis Dispensaries

Sugar High: Colorado Girl Scouts Can Now Sell Cookies Outside Cannabis Dispensaries

Sterling Girl Scout troops recently attended a Girl Scout Cookie Rally Sleepover, where they did several projects and got pumped to sell cookies! "Safety is the biggest concern". "Girls really take th...

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Postal worker fatally shot in mail truck in Dallas

Postal worker fatally shot in mail truck in Dallas

Eastbound lanes of I-30 and the ramp to southbound I-35E were closed as police and the Dallas Country medical examiner investigated. Mosby was reportedly killed a day after celebrating his 58th bi...

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Singapore eyes 2% GST hike between 2021 and 2025

Singapore eyes 2% GST hike between 2021 and 2025

Digital services such as Netflix and Spotify, and possibly even software tools like Microsoft Office 365, could attract a goods and services tax (GST) in Singapore from January 1, 2020, as part of t...

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SpaceX rocket launch paves the way for orbit-based internet service

SpaceX rocket launch paves the way for orbit-based internet service

Further, the service providers looking to perform a similar feat will have to devise a plan to properly calibrate the device with these satellites via accurate tracking so that the users are online ev...

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Home Depot Increased Sales & Earnings in Q4

Home Depot Increased Sales & Earnings in Q4

The stock holds an average trading capacity of 5.27M shares for the past three months. Home Depot also is benefiting from a wave of millennials finally buying homes and starting families. Oakbro...

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Acadia Realty Trust (AKR) Receiving Positive Media Coverage, Report Finds

Physicians Realty Trust, a self-managed healthcare real estate company, focuses on the acquisition, development, ownership, and management of healthcare properties that are leased to physicians, hospi...

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Chandrababu Naidu to hold all party meet

Chandrababu Naidu to hold all party meet

With respect to those calling the AP State Reorganisation Act unscientific, irrational etc., Mr. Ramesh questioned why the "scientists" had remained dormant till now and did not fight for making neces...

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Tesla Internal Servers Infected with Cryptocurrency Miner

Tesla Internal Servers Infected with Cryptocurrency Miner

Sam Bisbee, chief security officer at security firm Threat Stack , told IBT, "In order to address the challenges of cloud security and improve the situation, organizations must realize that cloud da...

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Saudi oil exports rose slightly in December -JODI

Saudi oil exports rose slightly in December -JODI

The combination of a new pipeline running from the hub to Memphis, along with reduced flows from TransCanada's Keystone pipeline, have sent stockpiles in Cushing to the lowest in about three years. Th...

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Japan will build the world's tallest wooden skyscraper in 2041

Japan will build the world's tallest wooden skyscraper in 2041

The new building, which is being referred to as W350 Project, will be ten percent steel, combined with 180,000 cubic metres of indigenous wood. Timber supplier Sumitomo Forestry this month reveale...

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Canadian bobsledder had amusing quote about tying for gold medal

Canadian bobsledder had amusing quote about tying for gold medal

I was like, 'Man, these guys are really excited for me!' And then I realized we tied. 'Then Thorsten was giving me a hug and he said ... it was a tie, and I thought, 'Oh, it was a tie'. "My guys are...

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New Tax Refund Scam Feb 16 2018 / Bryan Shupe

New Tax Refund Scam Feb 16 2018 / Bryan Shupe

Here's how the scam works. Scammers file a fake tax return, deposit the fraudulent tax refund into your own bank account - and then call to collect. The IRS says direct deposit - which the governm...

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Nxp Semiconductors NV (NXPI) Position Increased by Oz Management Lp

Nxp Semiconductors NV (NXPI) Position Increased by Oz Management Lp

The company has market cap of $42.58 billion. NXP Semiconductors NV (NASDAQ: NXPI ) reported its EPS in the last quarter as $1.96/Share beating the analyst estimate of $1.8/Share by a difference o...

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Albertsons to acquire Rite Aid

Albertsons to acquire Rite Aid

RAD CEO John Standley will head the combined company, which is expected to bring in roughly $83 billion in annual revenue. The new company will capitalize on enhanced data and analytics to unlock pro...

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