Economy

CBI to investigate Simla rape case

Sources said a CBI team had left for Halaila to visit the spot where the body of the girl and her belongings, including her uniform, were found on July 6 - two days after she went missing. Further results are awaited. Shimla: Leader of the Opposition P K Dhumal on Monday asked Himachal Pradesh Chief Minister Virbhadra Singh to take moral responsibility of the alleged rape and murder of a girl and resign within 48 hours.

Grocery price inflation eases as hot spell boosts supermarket sales

Supermarkets benefited from June's hot spell, with sales up 3.9% compared with the same time past year. Inflation and good weather helped boost the troubled supermarket sector in the 12 weeks to 16 July, with sales up 3.9 per cent. Of the UK's Big Four supermarkets, Tesco posted the strongest level of growth compared to past year, rising by 2.3% to sit on 27.8% market share. Aldi's sales grew by 17.9%, increasing its share of the market by 0.8% to 7%.

Lyft Is Now Experimenting With 'Taco Mode'

Riders (in cars decked out in a taco pattern) can head to the nearby Taco Bell, get their orders and redeem a coupon for a Doritos Loco Taco, then proceed home or wherever they're headed. "We realized that for every person who has asked their Lyft driver to make a pit-stop at Taco Bell - and we've seen many - there are likely those who weren't sure if this was possible", Taco Bell CMO Marisa Thalberg said in the release.

France tackles fierce forest fires on Riviera and in Corsica

Southeast France is experiencing an exceptionally hot, dry summer that have made it especially vulnerable to fires. A Canadair firefighting aircraft drops water on a wildfire which burns a forest in Carros, near Nice, France, July 24, 2017.

BMW says electric version of Mini to be built in Oxford

BMW now says the electric drivetrain will be built at its plants in Bavaria before being integrated into the vehicle at Cowley, near Oxford. Electric motors and batteries will be made at plants in Germany and shipped to the United Kingdom where the electric model will be made alongside the standard cars.

Government consulting on plans to ban rip-off leasehold fees

Buyers of these types of property have been increasingly targeted with extortionate ground rent charges, some of which can double every 10 years, potentially leaving them unable to resell the property. The government has cited examples where one homeowner was charged £1,500 by the freeholding company to make a small change to their family home; another case study was a family home now impossible to sell because the ground rent is expected to hit £10,000 a year by 2060; and an owner who was ...

McDonald's USA same-restaurant sales beat estimates

The Oak Brook, IL-based fast food giant reported Q2 earnings per share (EPS) of $1.73, which was $0.11 better than the Wall Street consensus estimate of $1.62. In the High Growth region, second quarter comps gained 7.0%, while Foundational Markets & Corporate segment comps surged 13.0%. During the second quarter, McDonald's also returned $1.8 billion to shareholders through share repurchases and dividends.

Informa Plc (INF) Insider Purchases £1800.50 in Stock

Stockholders of record on Thursday, August 3rd will be paid a dividend of GBX 3.70 ($0.05) per share. Jacobs Levy Equity Management owns 80,868 shares. Informa Plc presently has an average rating of "Buy" and an average target price of GBX 768.53 ($10.01). Credit Suisse Group assumed coverage on shares of Beazley PLC in a research report on Tuesday, July 18th.

Liberum Capital Begins Coverage on Domino's Pizza Group PLC. (LON:DOM)

It has underperformed by 59.71% the S&P500.The move comes after 5 months negative chart setup for the $257.19 million company. Instinet reiterated their neutral rating on shares of Domino's Pizza Inc (NYSE: DPZ ) in a research report report published on Saturday morning.

NASDAQ ends at record closing high ahead earnings season

More than a third of the companies in the S&P 500 are scheduled to report their second-quarter earnings this week. Dow e-minis 1YMc1 were up 33 points, or 0.15 percent, with 10,204 contracts changing hands. Health information site WebMD soared 20 percent Monday after agreeing to be acquired by the investment firm KKR. Meanwhile, the Federal Reserve will announce its decision on interest rates at the end of its two day meeting on Wednesday.

Barnes & Noble (NYSE:BKS) Getting Positive Media Coverage, Study Finds

The company had a trading volume of 515,978 shares. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,841 shares of the specialty retailer's stock worth $114,000 after buying an additional 9,000 shares during the last quarter. The company is now down by -3.05 percent from yesterday's close. Shareholders of record on Friday, July 7th will be paid a dividend of $0.15 per share.

Comerica Securities Inc. Has $746000 Position in Ford Motor Company (NYSE:F)

Several investment firms have weighed in on General Motors Company of late. It has underperformed by 8.78% the S&P500. Dubuque Commercial Bank & accumulated 1,450 shares or 0.01% of the stock. boosted its stake in Ford Motor by 26.7% in the fourth quarter. It also upped Vanguard High Dividend Yield Index Fund (VYM) stake by 7,258 shares and now owns 70,806 shares.

Barrick Gold Corporation Sees Unusually High Options Volume (ABX)

This is an increase of approximately 371% compared to the typical daily volume of 3,886 put options. Barrick Gold Corporation announced a dividend for shareholders that was paid on Thursday the 15th of June 2017. The firm has "Buy" rating by Jefferies given on Friday, April 7. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the stock.

Analysts Estimates And Ratings Cliffs Natural Resources Inc. (CLF)

Aperio Group LLC now owns 40,721 shares of the mining company's stock valued at $282,000 after buying an additional 19,810 shares during the period. Stratos Wealth Partners LTD. WARNING: This story was originally posted by Markets Daily and is the property of of Markets Daily. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & global copyright and trademark legislation.

Crossrail 2 needs to be more affordable

The Transport Secretary said he would work with London Mayor Sadiq Khan to ensure that Crossrail 2 - the capital's proposed north-south rail line - was "affordable" and "fair to the United Kingdom taxpayer". "The government would be making a major mistake if it underestimated the fury that people here feel when they see those announcements last week and then they hear today that billions more is about to be spent on London", he said.

Daimler and Bosch Demos Automated Valet Parking

The company hopes to offer the system to customers by 2018, attractive German lady not included. The pilot solution at the Mercedes-Benz Museum parking garage is the world's first-ever infrastructure-based solution for a fully automated valet parking service in real conditions, with and without drivers at the wheel.

Hibbett Sports, Inc. (NASDAQ:HIBB) Experiences Heavy Trading Volume

Foot Locker shares fell 4.6 percent, to $45.05, Finish Line slipped 6.5 percent, to $13.15, and Dick's Sporting Goods was off 5.5 percent, to $35.12. Pnc Fin Service Grp Inc Inc reported 0% of its portfolio in USG Corporation (NYSE:USG). Legal General Gru Pcl, a United Kingdom-based fund reported 20,479 shares.

EU Turns Up Heat on German Carmakers

Daimler's (DAIGn.DE) supervisory board will meet on Wednesday and seek answers about whether German carmakers were part of a club that was allegedly involved in anti-competitive behavior, sources familiar with the matter said on Tuesday. Fines and compensation claims could eclipse the diesel emissions scandal that has cost VW about €25bn (£22bn) worldwide. And Daimler has experience: it suffered a €1bn fine from Brussels last summer after agreeing on prices for its trucks with three European ...

Analyst Activity - KLR Group Reiterates Buy on Encana Corporation (NYSE:ECA)

The shares were bought on May 4th for an average price of $10.34. According to Zacks, "Based on the number of near-term challenges, we are lowering our investment thesis for Encana Corp.to Sell from Hold". World Asset Management Inc raised its stake in shares of Encana Corporation by 4.0% in the first quarter. Similar statistics are true for the second largest owner, Davis Selected Advisers, which owns 69,328,046 shares of the stock are valued at $681.5 million.

Oil Rises After S. Arabia Promises to Cap Exports

Parties to the committee monitoring an arrangement led by the Organization of Petroleum Exporting Countries to balance an oversupplied market with managed declines are meeting in St. Nigeria, one of the two OPEC members exempt from the cuts, agreed to cap output once its production stabilizes at 1.8 million barrels a day, OPEC said.

Mercedes to quit DTM after 2018 to focus on Formula E

Mercedes will race alongside manufacturers including Audi , BMW , DS, Jaguar , Mahindra and Renault in the series, which is increasingly attracting vehicle makers eager to market their electric powertrain prowess. Wolff believes that this change in Mercedes' motorsport strategy will put Mercedes at the top of the two most relevant series at the moment. "In Formula One , the pinnacle of motorsport combining high technology and the most demanding competitive challenge; and in Formula E ...

Jimmy Choo bought by Michael Kors in £896m deal

Jimmy Choo - best know for its stiletto heels - said "a combination with Michael Kors would allow it to embark on the next phase of growth and provide opportunities for the benefit of customers, employees, shareholders and other stakeholders".

Launch Remicade biosimilar in US

Merck & Co noted that Renflexis would be listed at $753.39, indicating a 35 percent discount on Remicade's list price. Pfizer and Celltrion's Inflectra (infliximab-dyyb) biosimilar was priced at a 15% discount to Remicade's $30,000-a-year price tag.

Stocks Views And Recommendations: Caesars Entertainment Corporation (CZR), Inovio Pharmaceuticals, Inc. (INO)

Other hedge funds have also recently added to or reduced their stakes in the company. Caesars Entertainment Corporation (NASDAQ:CZR) last posted its quarterly earnings data on Tuesday, May 2nd. After $-3.71 actual EPS reported by Caesars Entertainment Corp for the previous quarter, Wall Street now forecasts -106.20 % EPS growth. The company's 5 year Earnings per share growth and Capital Spending growth remains at 0 and -5.71.

#SaveSnopes: Fact-Checking Website Snopes Starts GoFundMe To Avoid Shutdown

Since then, Proper Media claims, "Mikkelson conspired with Green to block Proper Media's access to the personnel, accounts, tools, and data necessary to manage Snopes ". On the page, a letter attributed to the Snopes team claims that the site has been "cut off from our historic source of advertising income", and that it's "in danger of shuttering" without the money.

Comerica Bank Has $462000 Position in Graphic Packaging Holding Company (GPK)

Company has far performed well this year, with the share price up 10.50% since January. 01/22/2015 - Graphic Packaging Holding Company had its " rating reiterated by analysts at Deutsche Bank. Graphic Packaging Holding's dividend payout ratio is presently 46.15%. If you are viewing this report on another website, it was illegally stolen and republished in violation of USA and worldwide copyright and trademark laws.

Jared Kushner denies colluding with Russian Federation, says Trump ran 'smarter campaign'

This was a meeting attended by Trump's top brain trust, on the expectation that it would yield greatly damaging information about Trump's opponent, just as the campaign was shifting into general election mode - but Kushner was unaware of its objective.

Traders Alert: JC Penney Company, Inc. (JCP)

Other institutional investors have also bought and sold shares of the company. Gordon Haskett initiated coverage on shares of J.C. Penney Company, Inc. The department store operator reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.21) by $0.27. The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.78 billion.

Alphabet Inc. (NASDAQ:GOOGL) Stake Decreased by Capital Advisors Inc

Cordasco Financial Network boosted its position in shares of Alphabet by 2.2% in the first quarter. Its revenue may have jumped 21%, but those costs are increasing faster than the increases in its revenue. Alphabet's earnings include the impact of a $2.7 billion fine levied by the European Commission. As far as revenue and operating loss trends for Other Bets goes, Mahaney is angling is $249 million in Other Bets revenue with a $977 million GAAP operating loss, indicating a rise considering ...

Cyclacel Pharmaceuticals, Inc. (CYCC) Major Shareholder Eastern Capital Ltd Purchases 850000 Shares

The firm's 50-day moving average price is $3.84 and its 200-day moving average price is $4.64. Based on a recent trade, the shares are hovering around $1.91 which, according to analysts, yield significant upside potential to the $7.00 consensus target price.

Western Gas Partners, LP (WES) Receives $61.22 Average Target Price from Brokerages

Needham downgraded the shares of PLAB in report on Friday, November 11 to "Hold" rating. (USA) (NYSE:AGU) earned "Buy" rating by Scotia Capital on Monday, July 10. As per Monday, October 5, the company rating was maintained by Barclays Capital. Harvest Capital Strategies Llc decreased Agrium Inc (AGU) stake by 21.43% reported in 2016Q4 SEC filing.

Traders Revving Their Engines on Comcast Corporation (NASDAQ:CMCSA) & Taiwan Semiconductor Manufacturing

Highbridge Capital Management LLC purchased a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at $555,000. U S Global Investors Inc bought a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at $187,000.

Alphabet appoints Google CEO Pichai to board

Pichai "helped lead the development of key consumer products which are now used by over a billion people", the company said in a statement announcing the appointment. That's a lot to do, so hopefully sitting on the Alphabet board won't be a distraction. Or, perhaps most likely, it could actually be recognition of another obvious fact: Alphabet may be a loose collection of companies, but really it's a holding company for Google with some hobbies.

Cullinan Associates Inc. Has $6.08 Million Position in Marathon Petroleum Corporation (MPC)

By having an overview of the Income statement for Murphy Oil Corp (NYSE: MUR ) the Revenue for the trailing twelve months is 1.93 Billion. Seneca Foods Corp (SENEA) has risen 14.82% since July 24, 2016 and is uptrending. Deutsche Bank upgraded the shares of PNC in report on Tuesday, September 8 to "Buy" rating. Argus Research downgraded Marathon Oil Corporation (NYSE:MRO) on Wednesday, December 14 to "Hold" rating.

Are the Technicals Adding up for Express Scripts Holding Company (NASDAQ:ESRX)?

Argus reaffirmed a "hold" rating on shares of Express Scripts Holding in a research note on Wednesday, March 29th. About shares traded. Express Scripts Holding Company (NASDAQ:ESRX) has declined 16.92% since July 24, 2016 and is downtrending.