China's Tencent loses $51bn in market value in two days

Compounding matters, major shareholder Naspers said it would sell stock in Tencent worth about US$10.6 billion, shaving its stake to 31.2 per cent from 33.2 per cent. The Hong Kong-listed stock opened nearly 8 percent lower at HKUS$405, its lowest st... More..

by | Published more than a month ago
Fonterra slips half-year loss and announces departure of CEO
by | Thursday, March 22, 2018

Fonterra slips half-year loss and announces departure of CEO

New Zealand's Fonterra has lifted its milk price forecast for 2017-18 (+0.15/kg MS) but marked down its dividend forecast (-USD0.10/share) and investment in Beingmate (-USD405 million to USD244 million; initi...More..

United Suspends Pet-shipping Service After Dog's Death
by | Thursday, March 22, 2018

United Suspends Pet-shipping Service After Dog's Death

According to officials, pets can only be shipped on AMC contracted missions, including Patriot Express flights. There are a limited number of pet accommodations available on those flights. Reservations already ...More..

General Mills (NYSE:GIS) PT Lowered to $54.00 at JPMorgan Chase & Co
by | Thursday, March 22, 2018

General Mills (NYSE:GIS) PT Lowered to $54.00 at JPMorgan Chase & Co

Jefferies Group upgraded shares of General Mills from a "hold" rating to a "buy" rating and set a $56.00 target price for the company in a research report on Wednesday, February 14th. This buyback authoriza...More..

Tesla shareholders just handed Elon Musk an eye-popping pay package
by | Thursday, March 22, 2018

Tesla shareholders just handed Elon Musk an eye-popping pay package

Musk could also be negotiating a strategic investment in the company. Musk and his brother, Kimbal, both members of the board, have recused themselves from the vote. The company is now looking to partner with...More..

San Francisco Becomes First Major American City to Ban Fur
by | Wednesday, March 21, 2018

San Francisco Becomes First Major American City to Ban Fur

He is considering keeping his current location but selling fur at a smaller place nearby, outside San Francisco . He said of the ban, "I can not fight it". The city's Office of Economic Analysis estimated fu...More..

Europe proposes taxing tech giants to ensure they pay 'their fair share'
by | Wednesday, March 21, 2018

Europe proposes taxing tech giants to ensure they pay 'their fair share'

While Europe is trying to ignite its own tech startup economy, politicians here have grown increasingly furious at the influence of US tech companies, triggering anti-trust investigations, proposals for revenue...More..

KB Toys is coming back. Here's where and when you'll find it
by | Wednesday, March 21, 2018

KB Toys is coming back. Here's where and when you'll find it

The Topeka Toys "R" Us is expected to start slashing prices soon as it prepares to close its doors for good. Kassoff said in a post on Linkedin that if the pop-up stores perform well, it's possible some loc...More..

Asian Markets Close Mixed as Investors Expect 0.25% Rise in Rates
by | Wednesday, March 21, 2018

Asian Markets Close Mixed as Investors Expect 0.25% Rise in Rates

Australian shares ended higher in thin trading volumes ahead of the Federal Reserve decision on interest rates and guidance. Facebook shares have lost about 9 percent in just two days, and hurt shares of ...More..

Sensex climbs 139 points to close above 33000-mark
by | Wednesday, March 21, 2018

Sensex climbs 139 points to close above 33000-mark

Firming up after a strong opening, the BSE 30-share surged to 33,354.93, before closing at 33,136.18, up 139.42 points, or 0.42 per cent. The erosion in gains happened due to PSU bank stocks as the Nifty ...More..

Financial leaders push for free trade
by | Wednesday, March 21, 2018

Financial leaders push for free trade

Two officials briefed on the matter said Trump is expected to unveil tariffs on up to $60 billion in Chinese technology and telecoms products by Friday, the same day when a tariff of 25 percent on imported ste...More..

James Packer steps down from Crown, again
by | Wednesday, March 21, 2018

James Packer steps down from Crown, again

Commenting on Packer's resignation, Crown's Executive Chairman, John Alexander , said, " We have appreciated James' contribution to the Board and respect his decision to step down from his role as a director a...More..

Near term Outlook For Tesla Motors, Inc. (NASDAQ:TSLA)
by | Wednesday, March 21, 2018

Near term Outlook For Tesla Motors, Inc. (NASDAQ:TSLA)

For the current quarter, 18 analysts are projecting a mean EPS of $-3.19/share. The SI to Tesla Inc's float is 23.79%. The company's stock had a trading volume of 4,763,218 shares, compared to its average vol...More..

by | Wednesday, March 21, 2018

Barclays Reaffirms Overweight Rating for Royal Dutch Shell (LON:RDSA)

The stock has shown a weekly performance of -2.25 percent and monthly performance stands at -4.6 percent. In terms of the stock price in relation to its moving averages, company shares are -1.40% away from the ...More..

McDonald's Becomes First Restaurant Chain To Set Science-Based GHG Emissions Reduction Targets
by | Wednesday, March 21, 2018

McDonald's Becomes First Restaurant Chain To Set Science-Based GHG Emissions Reduction Targets

Saratoga Research & Investment Management who had been investing in Procter & Gamble for a number of months, seems to be less bullish one the $197.22 billion market cap company. Courtney Thomas J Jr. had sold 8...More..

Sensex falls 131 points for week on rising geo-politics concerns
by | Wednesday, March 21, 2018

Sensex falls 131 points for week on rising geo-politics concerns

In the broader market, the BSE mid-cap index fell by 1.07 per cent while the small-cap index shed 1 per cent. The benchmark finally settled at 32,996.76, showing a gain of 73.64 points, or 0.22 per cent. Market...More..

Shock horror! Trump congratulates Putin on election victory and media goes nuts
by | Wednesday, March 21, 2018

Shock horror! Trump congratulates Putin on election victory and media goes nuts

President Donald Trump speaks during a meeting with Saudi Crown Prince Mohammed bin Salman in the Oval Office of the White House, Tuesday, March 20, 2018, in Washington. They also discussed the crises in ...More..

In a week of major data breaches, Orbitz represents the travel sector
by | Wednesday, March 21, 2018

In a week of major data breaches, Orbitz represents the travel sector

Travel booking service Orbitz has suffered a data breach. Additionally, it will offer assistance to partners in notifying their customers. For U.S. customers, social security numbers were not involved in this...More..

Oracle (ORCL) Earnings Fall, Look For More Downside
by | Wednesday, March 21, 2018

Oracle (ORCL) Earnings Fall, Look For More Downside

With 182,700 avg volume, 0 days are for BIOTRICITY INC (OTCMKTS:BTCY)'s short sellers to cover BTCY's short positions. The Maryland-based Proshare Advsr Ltd Limited Liability Company has invested 0.01% in WPX E...More..

Will Ancient IRS Technology Eat Your Tax Refund?
by | Wednesday, March 21, 2018

Will Ancient IRS Technology Eat Your Tax Refund?

Here are three such scams used to steal taxpayer's money in 2018. And people are even more susceptible to scams this year because of confusion about the new tax law. Tax Identity Theft: While, reports of tax-...More..

by | Tuesday, March 20, 2018

Comcastcorpclassa (CMCSA) Shareholder Fayez Sarofim & Company Has Lifted Stake

The institutional investor held 1.13M shares of the oilfield services and equipment company at the end of 2017Q3, valued at $111.55M, down from 1.26 million at the end of the previous reported quarter. Farmer...More..

UltraTech says set to buy Binani Cement, seeks end to insolvency proceedings
by | Tuesday, March 20, 2018

UltraTech says set to buy Binani Cement, seeks end to insolvency proceedings

During the bidding that ended two weeks ago, the Dalmia-led consortium had bid the highest at Rs6,350 crore while UltraTech bid Rs6,200 crore. Bandhan Bank: Kolkata-based Bandhan's initial public offering...More..

Investors need to focus on High dividend yield:: Exxon Mobil Corporation (XOM)
by | Tuesday, March 20, 2018

Investors need to focus on High dividend yield:: Exxon Mobil Corporation (XOM)

The hedge fund run by Ron Bobman held 312,459 shares of the property-casualty insurers company at the end of 2017Q3, valued at $5.09M, down from 604,653 at the end of the previous reported quarter. RBC Capital ...More..

Expelled Russian diplomats leave London for home
by | Tuesday, March 20, 2018

Expelled Russian diplomats leave London for home

They had been exposed to a nerve agent of a type developed by Russian Federation called Novichok, the UK Government claims. Russian scientist Leonid Rink told the state RIA Novosti news agency that Britain ...More..

United Suspends Pet Cargo Flights After Recent Problems
by | Tuesday, March 20, 2018

United Suspends Pet Cargo Flights After Recent Problems

The pet cargo service came under fire last week after making a series of mistakes that caught the attention of the media. Last week, United had three, separate, dog-related mishaps that resulted in one dead ...More..

by | Tuesday, March 20, 2018

Lynch & Associates IN Has $12.86 Million Stake in Microsoft Co. (MSFT)

It closed at $3.97 lastly. Central Garden & Pet Company (CENT) has risen 76.19% since March 19, 2017 and is uptrending. It has underperformed by 29.57% the S&P500. Therefore 78% are positive. Apartment Investme...More..

Inflation falls to seven-month low as pressure from sterling's slump eases
by | Tuesday, March 20, 2018

Inflation falls to seven-month low as pressure from sterling's slump eases

The figures come two days before the Bank of England's next interest rate decision and are unlikely to change expectations about the timing of the next hike - with many experts pencilling in May for the next ra...More..

Princeton University Panera Bread Shooting: Full Story & Must-See Details
by | Tuesday, March 20, 2018

Princeton University Panera Bread Shooting: Full Story & Must-See Details

Authorities had shut down Princeton's downtown area and two buildings on the university's campus were evacuated as a precaution. Police on the scene said the man is held up inside the eatery. The section of the...More..

Dog accidentally flown to Japan reunited with family
by | Tuesday, March 20, 2018

Dog accidentally flown to Japan reunited with family

United has reimbursed every passenger on board as compensation for the inconvenience. "They had no idea where the dog was", said Swindle to CNN. "She has not come forward", family attorney Evan Oshan sai...More..

by | Tuesday, March 20, 2018

NEXT plc (NXT) Given Average Recommendation of "Hold" by Analysts

Renaissance Technologies Ltd Liability has 180,400 shares. In analysts report shared with investors this morning, Credit Suisse reiterated their "Underperform" rating on Auto Trader Group (LON:AUTO) shares. T...More..

by | Tuesday, March 20, 2018

The Valero Energy Partners (VLP) Receives Daily Media Sentiment Score of 0.14

It has underperformed by 12.64% the S&P500. The beta factor is 1.04.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. T...More..

Free Rita's Italian ice for 1st day of spring
by | Tuesday, March 20, 2018

Free Rita's Italian ice for 1st day of spring

Despite the Winter Weather Advisory in place for Tuesday, March 20, Rita's Italian Ice is offering its annual "Free Ice Day" to celebrate the first day of spring . According to Rita's website , the company ...More..

Yankees, Red Sox nearing deal to play regular season games in London
by | Tuesday, March 20, 2018

Yankees, Red Sox nearing deal to play regular season games in London

The Yankees most recent global trip came during spring training 2014 when they played a two-game series against the Marlins in Panama City as a tribute to Mariano Rivera, a native of Panama who retired after th...More..

Singapore is the most liveable city in Asia
by | Tuesday, March 20, 2018

Singapore is the most liveable city in Asia

The survey ranks 450 cities throughout the world, considering 39 factors within 10 categories; consumer goods, economic environment, housing, medical and health considerations, natural environment, political an...More..

Key US indices plunge; Facebook leads sell off
by | Tuesday, March 20, 2018

Key US indices plunge; Facebook leads sell off

Other tech companies also fell. Apple lost 1.53 percent while Alphabet fell 3 percent and Microsoft declined 1.8 percent. The S&P 500 lost 11.84 points, or 0.430231 percent, to 2,740.17. An activist investor ...More..