Economy

India's Reliance Industries Buys Stake in Balaji Telefilms

Airtel vs Reliance Jio: Which network is faster in India? Revenues: The topline number jumped 18.39 per cent YoY to Rs 70,434 crore from Rs 59,493 crore in the same quarter a year ago. Boosted by higher margins from the petrochemicals business, energy-totelecom major Reliance Industries (RIL ) on Thursday said its consolidated net profit for the quarter ended June 2017 ( Q1FY18 ) was Rs 9,108 crore, up 28% from Rs 7,113 crore a year earlier.

Texas school district approves paddling as method to punish students

According to the new policy , "campus behavior coordinators and/or the principal" can administer the paddling punishment. He hopes that paddling will have more of an effect on students than in school suspension or detention does. In Ohio, the legislature banned corporal punishment in public schools in 2009. "Similarly, in states where students were subjected to corporal punishment, black boys were 1.8 times as likely as white boys to be subject to corporal punishment, and black girls were 2.9 ...

Why General Electric Earnings Won't Move the Needle Much

He didn't get it - at least not yet. The oil and gas division of the company, however, posted revenue of $3.1 billion, a 3 percent decline from the same time previous year. The healthcare segment saw revenues rise 4% to $4.7 billion and transportation segment revenues fell 14% to $1.07 billion. GE under the agreement divested from its water and process technology unit, part of a remedy for the merger announced a year ago.

General Electric Q2 Profit Beats Estimates; Revenues Down 12%; Affirms Guidance

Revenue fell 12 percent to $29.56 billion as weakness in its energy connections business offset strength in renewables and power units. Backlog of $327B, +2% Y/Y; Orders up 6%, with industrial segment organic revenues up 2%. Immelt gives up the CEO job to John Flannery on August 1 but will remain as chairman until the end of the year when he retires. "The global scale of the company, along with our ability to innovate industry-leading products and services, will help us navigate the ...

Severn tolls to be abolished

Carwyn Jones, the Welsh first minister, said the move was a "desperate attempt" by Alun Cairns to distract from the announcement on electrification. The Severn Crossing was opened in 1966 after a three-year build at a cost of £8 million, replacing the Aust ferry service.

Newborn held 'hostage' by Mexican hospital finally released, Martinsville couple headed home

Little Beckham was born three months early Tuesday, while his parents, Michaela Smith and Larry Ralph, were in Mexico for one last vacation before his arrival. "The air ambulance was paid for to St. Petersburg Hospital, that was around $18,000", said Ralph Sr. "We would've thought Florida would've been our best chance".

Audi recalls 850000 diesel vehicles to install emission-reducing software

Audi, the luxury brand of the Volkswagen Group, announced the voluntary retrofitting program on Friday. The clean diesel upgrade is being offered free of charge to owners of V6 and V8-engined EU5 diesels (2009 and newer) and EU6 diesels (2014 and newer).

Factors to Note Before Buying Petroleo Brasileiro SA - Petrobras (PBR)

The company has market cap of $57.40 billion. The Relative Volume of the company is 0.64 and Average Volume (3 months) is 22.88 million. Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR ) has risen 39.56% since July 20, 2016 and is uptrending.

Online payments company Paysafe receives £2.9bn approach from Blackstone and CVC

Payments companies have become targets for credit card companies and banks seeking to capitalise on a switch from cash transactions to paying by smartphone or other mobile device. The funds initially approached the board of Paysafe in May and had made a number of indicative proposals since then, Paysafe said. The deal is conditional on the buyers being able to sell off Paysafe's Asia Gateway business, with a buyer already lined up, although no further details were given.

Mice scurry around Dallas Chipotle

Daniela Ornelas was in the restaurant when the rodents made their appearance. The video was then posted on Facebook and Twitter (it has since been removed from Facebook). "Additionally, we reached out to the customer to make things right", a spokesperson said. "This is an extremely isolated incident, but of course it's not anything we'd ever want our guests to encounter".

Vodafone stems United Kingdom losses as it posts increase in service revenue

On an organic basis, service revenue rose 2.2%, accelerating from 1.5% growth the prior quarter. Shares in Vodafone (LON:VOD) have jumped in London this morning, as the telco posted a rise in quarterly revenue. The FTSE 100 group meanwhile noted that competition in India remained "intense". Vodafone Italia had 22.8 million mobile clients at the end of the quarter, down 4.4 percent from a year earlier, with 19.6 percent on contract deals, compared with 18.9 percent a year earlier.

Siemens scales back Russian ops over Crimea turbines

Siemens, which has its headquarters in Munich, said in the statement that it had not yet found indications that export-control regulations were violated but that it now has "credible information" that the turbines ended up in Crimea. In regard to the developing situation, Siemens will take several steps. Siemens' Russia business said at the time that "we are not supplying equipment for use or delivery to Crimea".

Stop Everything: JK Rowling Is Releasing Two New Harry Potter Books!

Both have been compiled by the British Library's curatorial team and will be released by Bloomsbury , the British Harry Potter publisher, on October 20, the same day a new exhibition celebrating 20 years of Harry Potter opens at the Library.

United Financial Bancorp, Inc. Plans Quarterly Dividend of $0.12 (NASDAQ:UBNK)

As of quarter end Meeder Asset Management Inc had acquired 75 shares growing its stake by 27.1%. Janney Montgomery Scott LLC now owns 11,168 shares of the bank's stock valued at $190,000 after buying an additional 1,044 shares during the last quarter.

Maxim Integrated Products Inc. Profit Advances 28% In Q4

The stock has been upbeat for quite some time as is up 0.61% for the last 20 trading days, and now the firm's performance is turning out to be bullish with a 2.75% gain for the week. It also upped Walgreens Boots Alliance Inc stake by 804,863 shares and now owns 4.09M shares. Incyte Corp (NASDAQ:INCY) was raised too. Let's talk about the gap between analyst price targets for the next 12 months and Maxim Integrated Products, Inc.

Optus earmarks $1bn to boost regional mobile coverage

This is aimed at building on Optus' existing rollout of 30 small cell sites across regional Western Australia, South Australia and the Northern Territory. With this new funding 500 new sites will be built across regional Australia. "It is great to see this investment by Optus and I look forward to working with them and other telcos to improve local mobile coverage", Mr Joyce said.

AbbVie Inc. (ABBV) Saw a New 52-Week High

Veritas Mgmt Llp invested in 1,600 shares. Zacks Investment Research downgraded AbbVie from a "hold" rating to a "sell" rating in a report on Tuesday, July 4th. Abbvie Inc had 42 analyst reports since July 21, 2015 according to SRatingsIntel. Since February 28, 2017, it had 0 insider purchases, and 10 sales for $28.02 million activity.

Short Interest in American Airlines Group, Inc. (AAL) Decreases By 7.8%

October 21 investment analysts at Imperial Capital kept the stock rating at "Outperform" and moved up the price target to $46.00 from $40.00. Analysts are expecting EPS growth rates to be at -56.50% this quarter and EPS estimate for next year reflect 12.69% growth rate.

Tycoon Peter Lim's daughter Kim to get married in March next year

Many autograph hunters were left empty-handed, including Jonathan Cheong, 16, who turned up at the hospital decked out in a white Real Madrid T-shirt. He added: "But I would definitely do it again". The Hong Kong-based company has owned and administers Ronaldo's image rights since 2015, except those pertaining to his club.

Skyworks Solutions, Inc. (NASDAQ:SWKS) Issues Q4 Earnings Guidance

Other large investors also recently added to or reduced their stakes in the company. Shares for $4.84 million were sold by ALDRICH DAVID J . Teachers Advisors LLC boosted its position in Skyworks Solutions by 24.7% in the fourth quarter.

Visa's (V) Buy Rating Reaffirmed at Jefferies Group LLC

Bluestein R H & Co. raised its position in Visa by 6.3% in the fourth quarter. Mercer Capital Advisers Inc. now owns 1,167 shares of the credit-card processor's stock worth $104,000 after buying an additional 25 shares in the last quarter. On average, analysts anticipate that Visa will post $3.37 EPS for the current year. This represents a $0.66 dividend on an annualized basis and a yield of 0.67%.

The Meeder Asset Management Inc. Acquires 74215 Shares of Corning Incorporated (GLW)

Corning Incorporated (NYSE:GLW) is an interesting stock at present. Sanders Capital Llc decreased Metlife Inc (MET) stake by 72.97% reported in 2016Q4 SEC filing. Old Mutual Customised Solutions (Proprietary) holds 0.16% or 36,800 shares. Another trade for 2,083 shares valued at $54,158 was made by LANDGRAF KURT M on Tuesday, January 24.

Traders Secrets on Amicus Therapeutics, Inc. (FOLD), Norfolk Southern Corporation (NSC)

Suntrust Banks reported 10,672 shares or 0% of all its holdings. Farmers Tru Company reported 0.3% in Norfolk Southern Corp. (NYSE:NSC) was sold by Galanko William Andrew on Thursday, May 4. Norfolk Southern Corporation (NYSE:NSC) notched a 12-month high of $125.83 while $147.00 target is by far the most aggressive out of analysts who are now evaluating NSC, $21.17 higher than the next highest 52-week price estimate.

Dollar edges off lows against euro, central banks eyed

The bank has said it won't raise its benchmark interest rate from zero until the purchases end. More clarity on the timing of the stimulus withdrawal is expected at the September 7 meeting. But it was still near Tuesday's more than one-year high against the greenback of $1.1583. "I think a positive outlook of the economy and expectations of stimulus withdrawal in the autumn and perhaps confirmation of the fact that we will have more explicit tightening then is driving the euro and bond ...

Morgan Stanley Upgrades Rating On Nike, Inc. (NKE) To "Overweight"

The stock increased 0.21% or $0.12 during the last trading session, reaching $57.77. About 332 shares traded. Nike (NYSE: NKE ) last announced its quarterly earnings results on Thursday, June 29th. Deutsche Bank AG lowered their price objective on Nike from $66.00 to $64.00 and set a "buy" rating for the company in a research report on Wednesday, March 22nd.

Ericsson (ERIC) Shares Gap Down on Disappointing Earnings

The stock touched 52-week High of $7.82 on 08/23/16 and 52-week Low of $4.83 on 11/01/16. The company has an average rating of "Hold" and a consensus price target of $5.95. Telefonaktiebolaget LM Ericsson ( publ ) was covered by a number of analysts recently, 2 rated the stock as Buy, 9 rated Hold, 0 rated sell and 0 gave an Underperform.

Confluence Wealth Management LLC Sells 4581 Shares of Starbucks Corporation (NASDAQ:SBUX)

Tightening the gaze, stock performance for the last 5 trading days is -0.73%. About 800,257 shares traded. Shares of Starbucks Corporation ( SBUX ) traded down 0.17% during trading on Wednesday, hitting $58.11. Gradient Invests Ltd holds 0.01% or 1,147 shares. Suntrust Banks Incorporated owns 231,928 shares or 0.08% of their U.S. portfolio. Guardian Capital Lp increased its stake in Wells Fargo & Co New (WFC) by 19.99% based on its latest 2016Q4 regulatory filing with the SEC.

Trader Alert: Unusual Volume Spotted in Lowe's Companies, Inc. (NYSE:LOW)

A statistical measure of the dispersion of returns (volatility) for LOW producing salvation in Investors mouth, it has week volatility of 0.98% and for the month booked as 1.37%. Following the transaction, the insider now directly owns 37,716 shares of the company's stock, valued at $3,024,823.20. Iridian Asset Management Llc decreased Hewlett Packard Enterprise Co stake by 11.73 million shares to 10.80 million valued at $250.02M in 2016Q4.

El jefe del Ejército francés renunció tras conflicto con Macron

Entre las propuestas de Macron figuran aumentar el gasto en defensa a 2% del PIB para el 2025 dentro de los compromisos de Francia con la OTAN; no obstante, su ministro de presupuesto indicó la semana pasada límites a los gastos militares para este año.

Trump Regrets Hiring Sessions After Russia Probe Recusal

Had Jeff Sessions told him, anybody from the Department of Justice told him that, probably would have said , you know what, I love Jeff Sessions , he was the first guy from the U.S. Trump reportedly expressed frustration with Mueller, a former F.B.I. director, criticizing him and accusing lawyers in his office of financially contributing to Hillary Clinton's campaign.

Chevron Corporation (CVX) Stake Increased by Windward Capital Management Co. CA

About 708 shares traded. It has underperformed by 10.02% the S&P500. Rathbone Brothers Plc increased Chevron Corp Usd0.75 Common Stock ( CVX ) stake by 6.83% reported in 2016Q4 SEC filing. State Street Corp raised its stake in shares of Chevron Corporation by 1.1% in the first quarter. Analysts await Immunomedics, Inc. During the same period a year ago, the business earned ($0.39) earnings per share.

Twitter says less abuse on platform due to tougher measures

According to Ho, Twitter is now "taking action" on 10 times the number of abusive accounts each day, compared to previous year, while "thousands more" abusive accounts are having their functionality limited or suspended. Ho also said that 65 percent of the user accounts that are limited in this way never have to be limited again. Perhaps more notable is that Twitter claims it is "driving change in behavior" among users who have been punished for abusive actions on the service in the past.

DDR Corp. (NYSE:DDR) Shares Bought by Nationwide Fund Advisors

Among 21 analysts covering Developers Diversified Realty (NYSE:DDR), 4 have Buy rating, 2 Sell and 15 Hold. July 7 investment analysts at Citigroup maintained a stock rating of "Buy" but moved down the price target to $12.00 from $20.00. The ex-dividend date was set for Tuesday the 13th of June 2017. The company's quick ratio for most recent quarter is 0 along with current ratio for most recent quarter of 0.

Ed Sheeran to have a 'thing' with Lisa Simpson

Sheeran has been known for his love-hate relationship with Twitter . Ed Sheeran deleted his Twitter account this week, but the singer did not provide an explanation to the public about his decision to remove himself from the social media platform.

Comcast Corporation (NASDAQ:CMCSA) Shares Bought by BerganKDV Wealth Management LLC

They issued a "buy" rating and a $45.00 price objective on the stock. Stock has got OUTPERFORM rating from 0 analyst (s) whereas last month 0 analyst (s) have given outperform rating. 1,200 shares were bought by Henricks Gwenne A., worth $110,724 on Friday, May 12. 11,517,759 shares of the company's stock traded hands. 1St Source Financial Bank, a Indiana-based fund reported 14,635 shares.