Economy

JPMorgan to buy fintech startup WePay

JPMorgan to buy fintech startup WePay

There have been 166 deals involving payments companies in 2017 for a total of at least $29.3 billion, the most in any segment of fintech, according to investment bank Financial Technology Partners LP....

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Sainsbury's cost-cutting will see 2000 jobs axed

Sainsbury's cost-cutting will see 2000 jobs axed

Sainsbury's, which employs about 119,000 full-time staff, is moving towards a centralized human resources model and has been working with management consultancy McKinsey on the headcount reduction p...

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The world's first floating wind farm commissioned

The world's first floating wind farm commissioned

On Wednesday, Scottish first minister Nicola Sturgeon will formally open the wind farm. The UK's latest renewable energy auction saw prices drop to 57.50 pounds per megawatt-hour, less than a thir...

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CP Rail reports jump in profit on higher shipments

Traders may use these levels to help identify stock price reversals. Turning to Canadian National Railway Company (NYSE:CNI), its shares were trading at $80.23 a retreat of $-0.56, on the trading fl...

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Salman Khan Unveils #TigerZindaHai, First Poster

Taking to his Twitter handle, the Tubelight actor shared the picture with a caption that read, "Diwali Gift pasand aaya?" And as promised, the first poster has come out as the ideal Diwali gift for ...

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Inflation jumps to five-year high, boosting chances of interest rate hike

Inflation jumps to five-year high, boosting chances of interest rate hike

The consumer price index (CPI) hit 3% in September, a level not seen since May 2012, increasing expectations of a November interest rate rise. "These upward effects were partially offset by downward...

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Farmers & Merchants Investments Inc. Purchases 19947 Shares of CVS Health Corporation (CVS)

Farmers & Merchants Investments Inc. Purchases 19947 Shares of CVS Health Corporation (CVS)

Keel Point LLC raised its stake in shares of CVS Health Corporation by 0.7% during the first quarter. The Yhb Investment Advisors Inc holds 102,869 shares with $8.28M value, up from 93,047 last quarte...

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Rio Tinto, former execs charged by US SEC

Rio Tinto, former execs charged by US SEC

The FCA fined Rio Tinto £27,385,400 for breaching disclosure and transparency rules. This is the largest penalty of its kind imposed by the City watchdog and reflects the seriousness of the breach...

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Investors Sell Pfizer, Inc. (PFE) on Strength (PFE)

Analysts await Harvard Bioscience, Inc. Pfizer (NYSE: PFE ) last issued its earnings results on Tuesday, August 1st. During the same quarter past year, the business earned $0.64 earnings per share. ...

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House price 'mini-BOOM' sees £11000 added to value of United Kingdom houses

Several lenders have already begun raising their interest rates in anticipation of BoE rate hike. The ONS figures lag behind those by Halifax, which reported annual house price inflation at four pe...

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Crown Casino accused of 'criminal misconduct'

The casino, Australia's largest, has operated on the south banks of the Yarra River for 23 years. 'There is software manipulation to increase gambler losses even further, in particular on weekends w...

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Sensex and Nifty both touched an all time high

Sensex and Nifty both touched an all time high

UltraTech Cement and NIIT Technologies will unveil their quarterly results later today. Top losers were Tata Motors lost 1 percent, Axis Bank fell 1.4 percent, Infosys shed 0.8 percent while Dr....

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Missouri appeals court overturns $72M talcum powder verdict

Missouri appeals court overturns $72M talcum powder verdict

The appeals court Tuesday ruled 3-0 that Jacqueline Fox's lawsuit lacked jurisdiction in Missouri because of a U.S. Consequently, in the Johnson & Johnson lawsuit, only 2 out of the 65 plaintiffs re...

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Trader's Buzzer: Chesapeake Energy Corp (CHK)

Its position stood at $11,584,000 a decrease of 5.6% as of quarter end. Several other large investors have also added to or reduced their stakes in CHK . The company's quarterly EPS surprised Wal...

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Lloyds Banking Group Plc (LYG) Check on Ratings

The return on invested capital is at 4.8%, which is good, compared to its peers. It tells investors how well a company is turning their capital into profits. The RSI oscillates between zero and 100. A...

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Trump praises Greek economic recovery

Trump praises Greek economic recovery

He says Greece's relationship with the U.S.is "more important than ever". Greece's 86-billion-euro bailout, its third since 2010 when the debt crisis broke out, ends in less than a year. "They're doin...

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Israel advances 1292 settler homes in West Bank in fresh push

Israel advances 1292 settler homes in West Bank in fresh push

Palestinians have been banned from accessing the street, costing many their livelihoods and their homes. He urged the USA administration to pressure Israel to allow the Palestinian government to w...

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Should You Hold Cabot Oil & Gas Corporation (NYSE:COG)

HighTower Advisors LLC bought a new position in Cabot Corporation in the second quarter worth $375,000. 06/30/2017 - Cabot Oil & Gas Corporation was upgraded to "buy" by analysts at Bank of America ...

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Pizza Hut Got Hacked And Didn't Alert People For Two Weeks

Pizza Hut Got Hacked And Didn't Alert People For Two Weeks

Pizza Hut has revealed it suffered a data breach on October 1, which lead to customers having their payment details swiped by hackers and used to commit fraud. He said: "Pizza Hut takes the informatio...

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Senators reach bipartisan deal to fund Obamacare subsidies cut by Trump

Senators reach bipartisan deal to fund Obamacare subsidies cut by Trump

In a joint statement issued Thursday, the top Democrats in Congress , Senator Chuck Schumer of NY and Representative Nancy Pelosi of California, said Mr. A White House spokesman said the president ...

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Maharashtra: Diwali travel goes awry as MSRTC workers begin indefinite strike

Maharashtra: Diwali travel goes awry as MSRTC workers begin indefinite strike

To overcome the disruption caused by the strike, the state government has issued a notification allowing private vehicles including trucks, buses, school buses and other vehicles to ferry passengers...

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NBN complaints more than double in a year

NBN complaints more than double in a year

Almost a quarter of the complaints (3315) were about landline phone services, 4512 were about mobile phone services while 5796 were about internet. Complaints could flag multiple issues. The rollout...

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Bank of America Corporation (BAC) - UBS Maintains Rating And Updates Price Target

Bank of America Corporation (BAC) - UBS Maintains Rating And Updates Price Target

Over the last five trading sessions, the stock has moved 1.51%. According to Micron Technology, Inc .'s Insider ownership is at 0.20%. EPS growth for the next 5 years is 11.18 percent. 1,200 shar...

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Quarterly Sales Analysis of Whiting Petroleum Corporation (NYSE:WLL)

Quarterly Sales Analysis of Whiting Petroleum Corporation (NYSE:WLL)

Whiting Petroleum Corporation ( WLL ) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. (NYSE:OGE) on Wednesday, September ...

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MGM Resorts International (MGM), Denbury Resources Inc. (DNR) — Hot Trending Stocks

MGM Resorts International (MGM), Denbury Resources Inc. (DNR) — Hot Trending Stocks

Colony Group LLC acquired a new stake in MGM Resorts International in the 2nd quarter valued at $203,000. 14,942 MGM Resorts International (NYSE: MGM ) shares with value of $459,377 were sold by...

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IShares MSCI Thailand Capped (THD) Rises 0.62% for Oct 16

Global Energy Producers MSCI Ishares (FILL) shares are being closely watched as the Rank Correlation Indicator has shown an upward 3 bar near-term trend, indicating that a reversal might be near. The ...

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Callista Gingrich Confirmed As Ambassador To The Vatican

Senate confirmed Callista Gingrich , wife of former House Speaker Newt Gingrich , as the next U.S. Ambassador to the Holy See. He's a close ally of Trump's. Gingrich added that she believes in clima...

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Are Cagey Traders Interested in PayPal Holdings, Inc. (NYSE:PYPL)?

Are Cagey Traders Interested in PayPal Holdings, Inc. (NYSE:PYPL)?

The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.03. This illustrates a relatively optimistic outlook in the near t...

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Dow hits 23000 for the first time

Dow hits 23000 for the first time

Still, the Dow may in the near term have a hard time sustaining a move above 23,000, said Robert Pavlik, chief market strategist at Boston Private Wealth in NY. Johnson & Johnson shares also had a goo...

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Stock You Should Track Today: Exxon Mobil Corporation (XOM), Visa Inc. (V)

Stock You Should Track Today: Exxon Mobil Corporation (XOM), Visa Inc. (V)

Shares of XOM have uptrended 2.74% in the past three months, while the S&P 500 has moved -2.34% in that time. It has underperformed by 12.68% the S&P500. Therefore 38% are positive. Vetr cut share...

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