Economy

Mishra, who was sacked from Delhi cabinet and primary membership of the AAP, did not comment on whether Bhardwaj is a volunteer of the party, as claimed by him. Suspended minister Mishra has vowed to stay only on water until Delhi Chief Minister Kejriwal puts the information regarding the trips on the public domain.
  • ArcelorMittal Q1 net at $1 bn; debt rises to $12.1 bn

    ArcelorMittal Q1 net at $1 bn; debt rises to $12.1 bn

    Economy

    Operating income was $1.6 billion compared to $275 million, a year ago. Thyssenkrupp also slashed its free-cash-flow forecast, citing a "significant increase in net working capital at our materials business as a result of dislocation on ream materials markets and due to higher volumes and prices".
  • Obama confident United States will move in right direction on climate

    Economy

    The plan comes amid Tokyo's concerns that Trump may announce a US departure from the accord at a May 26-27 summit of the Group of Seven industrialized nations in Italy, the source said. The United States is the world´s number two carbon polluter, after China. However, leaving the agreement altogether, and abandoning more than 190 countries, could potentially leave the United States isolated.
  • Electronic Arts Inc. (EA), Transocean Ltd. (RIG)

    Economy

    Transocean Ltd . (NYSE: RIG ) reported net income attributable to controlling interest of $91 million, $0.23 per diluted share, for the three months ended March 31, 2017. Gagnon Securities Llc sold 72,512 shares as Benefitfocus Inc (BNFT)'s stock declined 25.26%. Price Target plays a critical role when it comes to the analysis of a Stock.
  • Yesterday's Consideration Mover: Exxon Mobil Corporation (XOM)

    Economy

    Cowen & Co maintained it with "Outperform" rating and $240 target in Thursday, March 23 report. The company was downgraded on Thursday, January 19 by UBS. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
  • Oil price up on in USA petroleum stocks, possible OPEC cut extension

    Economy

    Goldman Sachs' head of commodities Jeff Currie said this week the market is already in a supply deficit. But questions remain about the effectiveness of OPEC-led cuts, with OPEC member Libya saying production now exceeded 800,000 barrels per day for the first time since 2014 and could rise to 1.2 million bpd later this year.
  • Elon Musk's Latest Tunnel Demo Feels Like Going Into Hyperspace

    Elon Musk's Latest Tunnel Demo Feels Like Going Into Hyperspace

    Economy

    Mr Musk said that he hopes that the tunnels will soon be found all the way under Los Angeles. In the future, Musk wants to expand the system to cover the whole greater Los Angeles area, and his company has big plans to build tunnels stacked 30-deep on top of each other in a city.
  • Energy Transfer Equity LP (ETE) Declares $0.29 Quarterly Dividend

    Energy Transfer Equity LP (ETE) Declares $0.29 Quarterly Dividend

    Economy

    It has outperformed by 3.64% the S&P500. Royal Bank of Canada restated a "buy" rating and set a $22.00 price objective on shares of Energy Transfer Equity in a research report on Friday, March 17th. Its down 0.59, from 1.34 in 2016Q3. 141 funds opened positions while 361 raised stakes. Spot Trading Lc owns 130,554 shares. It also reduced Harman Intl Industries Inc (NYSE:HAR) stake by 18,217 shares and now owns 5,519 shares.
  • Xi talks with South Korean president over phone

    Economy

    President Donald Trump wants to tighten an economic vise around the country and has even raised the possibility of military force. "Threats from North Korea's nuclear and missile development have entered a new stage", Japan's Abe told Moon in their telephone call, according to Japanese Deputy Chief Cabinet Secretary Koichi Hagiuda.
  • Cisco Systems, Inc. (CSCO) Stake Increased by Putnam Investments LLC

    Economy

    Who is Viptela? In August, we called Viptela the leading pure-play based on conversations with industry participants. 02/16/2017 - Cisco Systems, Inc. will post $2.38 EPS for the current fiscal year. COPYRIGHT VIOLATION NOTICE: This report was originally reported by Community Financial News and is the property of of Community Financial News.
  • Canadian auto parts maker Magna's profit beats estimates

    Canadian auto parts maker Magna's profit beats estimates

    Economy

    MGA has been the subject of a number of research reports. After a recent check, company stock has been trading near the $42.74 mark. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 7.22%, and has a solid year to date (YTD) performance of 3.59% which means the stock is constantly adding to its value from the previous fiscal year end price.
  • China-made jet takes off in maiden flight

    China-made jet takes off in maiden flight

    Economy

    The C919 passenger jet soared over Pudong worldwide airport in the commercial hub Shanghai, various local media reported Friday. And while the C919 is ready for make its maiden flight, "it may take much longer for the newcomer to take off in the aviation market", the Xinhua article added.