Business


United States intelligence agencies are still warning against buying Huawei and ZTE phones United States intelligence agencies are still warning against buying Huawei and ZTE phones
- February 14, 2018

They gave the warning in a Senate Intelligence Committee hearing on Capitol Hill ... According to CNBC , six of the country's top intelligence chiefs have advised the Senate Intelligence Committee that Americans shouldn't buy phones made by Huawei or ZTE. (more...)
Punjab National Bank shares fall 8.5% on $1.8bn fraud report Punjab National Bank shares fall 8.5% on $1.8bn fraud report
- February 14, 2018

This may just be the tip of the iceberg, as the impact of the crime is likely to spill over to other banks, too. The fraud is said to be linked with famous jewellery designer Nirav Modi. Modi had allegedly cheated the bank to the tune of Rs 280.7 crore. Investigations revealed major irregularities, as the forex transactions were done mainly via advance remittances for import, through newly-opened current accounts. (more...)
Local shop, florists prepare for Valentine's Day Local shop, florists prepare for Valentine's Day
- February 14, 2018

Traditionally, women receive the flowers but it's not the lady receiving the gift this time. "It's cut into our business because we don't make as much as if someone would call in directly", Krauss said. Bouqs ended up being the cheapest of all orders, coming in at a total of $42.50. The store is also stocking the festive essentials like teddy bears, love-themed trinkets and gifts, hampers and more. (more...)
Chipotle Maxican Grill Names New CEO Chipotle Maxican Grill Names New CEO
- February 14, 2018

Chipotle, in a press release Tuesday, credited Niccol with boosting Taco Bell's popularity. His expertise in digital technologies, restaurant operations and branding make him a flawless fit for Chipotle as we seek to enhance our customer experience, drive sales growth and make our brand more relevant. (more...)
Nigeria's Inflation Drops To 15.13 % In January - NBS Nigeria's Inflation Drops To 15.13 % In January - NBS
- February 14, 2018

The index of "cereals and products" saw a minor rise to 135.9, "Vegetables" fell from 161.7 in December to 151.6 in January, and that of " Food and Beverages" segment declined from 140.5 to 139.2. According to the Office for National Statistics' rent index published today, private sector rents across Britain increased by 1.1 per cent in the year to January 2018. (more...)
Credit Suisse trims 4Q loss, cites upside of U.S. tax reform Credit Suisse trims 4Q loss, cites upside of U.S. tax reform
- February 14, 2018

The Swiss bank flagged a sharp pickup of trading income this year, especially in Asia. The bank posted a loss of 2.1 billion Swiss francs in its fourth quarter due to the writedown, better than the 2.6 billion franc loss reported this time past year. (more...)
Salon Offers Readers Choice Between Ads and Mining Monero Salon Offers Readers Choice Between Ads and Mining Monero
- February 14, 2018

This means, as a reader, if you want to access the free content on their website anymore, you need to make a choice between turning-off ad-blocking software or "allowing Salon to use your unused computing power" to access their content. (more...)
Germany's Laura Dahlmeier wins Women's 10K Pursuit in PyeongChang Germany's Laura Dahlmeier wins Women's 10K Pursuit in PyeongChang
- February 12, 2018

German biathlete Laura Dahlmeier won the women's 10km pursuit earlier Monday to become the first athlete to win two medals at the PyeongChang Games. I don't know what to say because I felt really, really exhausted before the race and also during the race in the first laps. I knew when he finished eighth yesterday, I knew today he would be really fighting for the gold medal. (more...)
Walt Disney Co (DIS) Stake Increased by Accident Compensation Corp Walt Disney Co (DIS) Stake Increased by Accident Compensation Corp
- February 12, 2018

It has underperformed by 7.44% the S&P500. Walter & Keenan Financial Consulting Company decreased its stake in Microsoft Corp (MSFT) by 4.45% based on its latest 2017Q3 regulatory filing with the SEC. Serengeti Asset Management Lp who had been investing in Herbalife Ltd for a number of months, seems to be bullish on the $6.70 billion market cap company. (more...)
Priya Prakash Varrier- The Latest Internet Sensation Priya Prakash Varrier- The Latest Internet Sensation
- February 12, 2018

We would like to tell everyone that Priya Prakash Varrier is the winking girl with her winged eyeliner. Oru Adaar Love is a Malayalam comedy-Romance film scripted by Omar Lulu famous for his debut Malayalam movie Happy Wedding . Priya Prakash Varrier's expressions in an upcoming Malayalam film that has bowled the youngsters. She started her road to stardom in 2017, with doing a few fashion shows including Aiswaryarani 2017 and a fashion show in Kochi, and then signing on to her debut ... (more...)
Cintas (CTAS) Receives Daily Media Sentiment Score of 0.23
- February 12, 2018

The hedge fund run by Julian Robertson held 219,540 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $32.01M, down from 283,240 at the end of the previous reported quarter. (NYSE:MRK). Wealthfront Inc owns 0.06% invested in Merck & Co., Inc. Wells Fargo & Company MN now owns 474,671 shares of the business services provider's stock valued at $68,486,000 after acquiring an additional 218,140 shares during the period. (more...)
Unilever threatens to pull ads from Facebook and Google Unilever threatens to pull ads from Facebook and Google
- February 12, 2018

Unilever PLC (UL) is threatening to stop advertising on popular digital platforms if the likes of Alphabet Inc.'s ( GOOGL ) Google and Facebook Inc. "We will prioritise investing only in responsible platforms that are committed to creating a positive impact in society", he will say. "They do care about fraudulent practice, fake news, and Russians influencing the USA election". (more...)
Salman Khan romances Sonakshi Sinha but it is not for Dabangg! Salman Khan romances Sonakshi Sinha but it is not for Dabangg!
- February 12, 2018

The actress shared an image of the song " Nain Phisal Gaye " from her upcoming film Welcome To New York . First, Diljit (Dosanjh , co-star) and I came out in our costumes for the shot and spotting us, the fans started calling out to us. Toleti also spoke about how Salman Khan immediately gave a nod for the number. The two of them have such a great on-screen chemistry that the song was recorded in a matter of hours. (more...)
Markets open higher; Sensex up over 200 points, Nifty above 10500 Markets open higher; Sensex up over 200 points, Nifty above 10500
- February 12, 2018

The barometer 30-scrip Sensitive Index ( Sensex ) of the BSE , which opened at 34,203.34 points, closed at 34,300.47 points - up 294.71 points or 0.87 per cent from its previous close. While the midcap index closed 217 points higher at 16,852 level, the small cap index rose 290 points to 18,463 points. The rupee was stronger against the United States dollar, tracking gains in USA currencies. (more...)
Ireland's Schmidt delighted with winning start Ireland's Schmidt delighted with winning start
- February 12, 2018

Travelling to France, where Schmidt says Ireland have previously gone with "a bit of trepidation", and emerging with a confidence-boosting, dramatic win via Johnny Sexton's drop goal was a fine start, while yesterday saw them dismantle the Italians. (more...)
Shah Rukh Khan's ZERO to have a space connection? Shah Rukh Khan's ZERO to have a space connection?
- February 12, 2018

As a thank you to his 33 million followers, Shah Rukh Khan filmed himself diving underwater, fully dressed in a three-piece tuxedo. Shah Rukh is one of the most followed Indians on Twitter. "Listen to it carefully because this is very very heartfelt". Once he came out of the pool, SRK said, "I hope you heard every word I said it was right from my heart and so overwhelming that I am running out of breath and where are my glasses?" Shah Rukh Khan is now shooting for the same and it has ... (more...)
Aldi officially recognised as the nation's favourite supermarket Aldi officially recognised as the nation's favourite supermarket
- February 12, 2018

Senior industry insiders told The Sunday Times that Britain's biggest supermarket was developing a separate brand which would match German discounters Aldi and Lidl on price, and offer a far more limited range of products than the average Tesco store. (more...)
Barclays Bank charged over Qatar loans Barclays Bank charged over Qatar loans
- February 12, 2018

When the charges were announced past year, the SFO had still to take a decision on whether to charge Barclays Bank PLC , the main operating unit, but has pushed ahead this month. The SFO investigation arose amid concerns that Barclays may have been in effect lending itself money, known as "financial assistance", which is illegal. (more...)
Air India Flight to Ahmedabad Aborts Takeoff After Fire Warning Air India Flight to Ahmedabad Aborts Takeoff After Fire Warning
- February 12, 2018

A tragedy was avoided this week after an Air India flight and a Vistara aircraft carrying more than 100 fliers were about to collide mid-air. An investigation on the incident has been launched by the Aircraft Accident Investigation Bureau (AIBB). (more...)
India, Adnoc sign Dh2.2B offshore concession deal India, Adnoc sign Dh2.2B offshore concession deal
- February 12, 2018

The Indian organizations will pay 2.2. billion dirhams ($600 million) to Abu Dhabi for their stake in the field, as indicated by the announcement, putting the general estimation of the store at $6 billion. Shri Shashi Shanker, CMD, ONGC Group of Companies stated "This agreement with ADNOC Group will bring a plethora of opportunities in the times to come". (more...)
(NYSE:VLO) Shares Sold by West Coast Financial LLC
- February 12, 2018

About 5.46 million shares traded or 63.34% up from the average. It has underperformed by 12.64% the S&P500. Balyasny Asset Management Llc increased Opko Health Inc (NYSE:OPK) stake by 234,738 shares to 275,000 valued at $1.89M in 2017Q3. The stock of Valero Energy Corporation (NYSE:VLO) has "Hold" rating given on Thursday, January 12 by Jefferies. Credit Suisse downgraded the shares of VLO in report on Monday, April 11 to "Neutral" rating. (more...)
AutoMatters & More: SpaceX & a Tesla Roadster Proclaim a New Space Race! AutoMatters & More: SpaceX & a Tesla Roadster Proclaim a New Space Race!
- February 12, 2018

Still, for a first launch of an incredibly complicated system, this is a massive success. "I'm still trying to absorb everything that happened because it seemed surreal to me", Musk said in a statement. In some ways, Moon Express is already moving ahead under a new model in which it partners with government agencies to achieve first for a private company: Landing a rover on the moon. (more...)
Royal commission points to big bank dominance Royal commission points to big bank dominance
- February 12, 2018

Any attempt by an institution to prevent information being made public, including dispute settlements with customers, would "incite the closest attention", Commissioner Kenneth Hayne said in opening remarks as the inquiry got under way in Melbourne. (more...)
Russian figure skater Medvedeva sets world record in short program at PyeongChang Russian figure skater Medvedeva sets world record in short program at PyeongChang
- February 12, 2018

As a group of her countrymen chanted "well done", Medvedeva smiled widely and skated off to hear her marks. A debutante of the continental tournament, Zagitova outclassed all of her more experienced rivals, and beat her personal best result by several points. (more...)
JB Hi-Fi sees NZ sales fall JB Hi-Fi sees NZ sales fall
- February 12, 2018

Sales at JB Hi-Fi Australian stores grew on previous year by 10.8% which was driven by the video games industry as well as computers, audio and drones. Sales in the half-year jumped 41 per cent. The Good Guys also nabbed a 342.1% increase in gross profit - from $51.7 million in HY17 to $228.6 million for HY18. (more...)
Brisbane storms: More wild, hot weather expected to hit south-east Queensland Brisbane storms: More wild, hot weather expected to hit south-east Queensland
- February 12, 2018

Further north in Logan, 58,000 properties were left in the dark, with Energex still working to get the power back on to 46,000 homes and business there12 hours later. "It's very similar conditions for the south-east that are around today, very hot and there is some instability", Mr Paech said. COAST residents are still without power following a freak storm that ripped through South-east Queensland overnight. (more...)
IFP Advisors Inc Decreases Holdings in Digital Realty Trust, Inc. (DLR)
- February 11, 2018

The stock increased 3.28% or $3.25 during the last trading session, reaching $102.21. Deutsche Bank maintained Digital Realty Trust, Inc. It has outperformed by 7.20% the S&P500. Vetr downgraded the stock to "Hold" rating in Thursday, August 6 report. The stock of Emerge Energy Services LP (NYSE:EMES) earned "Hold" rating by Wunderlich on Friday, October 23. (more...)
BidaskClub Lowers Check Point Software Technologies (NASDAQ:CHKP) to Sell
- February 11, 2018

About 8.63 million shares traded or 68.97% up from the average. Menora Mivtachim Holdings Ltd who had been investing in Check Point Software Tech Lt for a number of months, seems to be bullish on the $15.99 billion market cap company. The company has market cap of $15.99 billion. It offers janitorial, facilities engineering, parking, passenger assistance, catering, air cabin maintenance, transportation, and specialized mechanical and electrical services. (more...)
Decreases Stake in Verizon Communications Inc. (VZ)
- February 11, 2018

The stock decreased 2.15% or $2.82 during the last trading session, reaching $128.6. About 16.07M shares traded. Verizon Communications (NYSE:VZ) last announced its earnings results on Tuesday, January 23rd. Therefore 25% are positive. 3M had 76 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained 3M Company (NYSE:MMM) rating on Friday, July 24. (more...)
Gilead Sciences, Inc. (GILD) Shares Sold by Brave Asset Management Inc
- February 11, 2018

FMR LLC now owns 23,037,303 shares of the biopharmaceutical company's stock valued at $1,630,581,000 after purchasing an additional 258,005 shares during the last quarter. Telsey Advisory Group maintained DSW Inc. Monness Crespi & Hardt maintained the shares of FB in report on Thursday, July 30 with "Buy" rating. Citigroup has "Buy" rating and $103.0 target. (more...)

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