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Economy

Coming down heavily on Nitish Kumar , ex-Bihar Chief Minister and wife of Lalu Yadav, Rabri Devi said that Nitish has stabbed his elder brother Lalu in the back. As they waited to take oath this morning , Nitish Kumar and Sushil Kumar Modi chatted with the ease that years of being together begets. He has formed an alliance with the National democratic Alliance (NDA) to form the new government of Bihar.
  • HTC announces premium standalone Vive VR headset

    HTC announces premium standalone Vive VR headset

    Economy

    The "premium" headset is powered by Qualcomm's Snapdragon 835 chipset, and runs apps from the Taiwanese company's Viveport platform (it doesn't rely on Google's Play Store). It can offer a completely wireless VR experience. "We are thrilled to work with HTC's Vive team as they utilise our rich feature set to create exciting, new VR experiences in the first truly mobile VR headset of the Vive ecosystem", said Hugo Swart, Senior Director, Product Management, Qualcomm Technologies.
  • Dick's Sporting Goods Inc (DKS) Hits a New 52-Week High

    Dick's Sporting Goods Inc (DKS) Hits a New 52-Week High

    Economy

    The mean rating score for this stock is at 2.20. The firm has "Buy" rating by Maxim Group given on Tuesday, February 21. The rating was downgraded by Cleveland on Monday, July 10 to "Hold". William Harris Invsts reported 164,820 shares stake. Td Asset invested 0% of its portfolio in DineEquity Inc (NYSE:DIN). About 7,629 shares traded. Citigroup Inc (NYSE:C) has risen 35.60% since July 24, 2016 and is uptrending.
  • Consolidated (NASDAQ:COKE) Receives An Update From Brokers

    Consolidated (NASDAQ:COKE) Receives An Update From Brokers

    Economy

    It has underperformed by 3.04% the S&P500. The firm owned 46,494 shares of the company's stock after selling 3,333 shares during the period. Institutional investors own 31.53% of the company's stock. KO's profit will be $2.43B for 19.77 P/E if the $0.57 EPS becomes a reality. After $0.43 actual EPS reported by The Coca-Cola Co for the previous quarter, Wall Street now forecasts 32.56% EPS growth.
  • Charles Schwab Corp (NYSE:SCHW), International Business Machines Corp. (NYSE:IBM)

    Economy

    Therefore 29% are positive. Finally, CKW Financial Group increased its stake in International Business Machines Corporation by 14.8% in the first quarter. (NYSE:IBM) for 144 shares. Worldwide firm Machines Corporation had a ROE of 71.53% and a net profit margin of 14.58%. the company reported sales of $19.29 B for the period end, compared with brokerage expectations of $19.45 B.
  • SEC Says 'Coin Offerings' Are Subject To Securities Laws

    SEC Says 'Coin Offerings' Are Subject To Securities Laws

    Economy

    As many of these tokens are then listed and traded on virtual currency exchanges, large holders could in theory have the firepower to control the price. In a report likely to jolt the red-hot market for so-called " Initial Coin Offerings " ( ICOs ), the Securities and Exchange Commission on Tuesday found that the "coins" in one prominent ICO were in fact securities-meaning the transactions fell afoul of federal investment laws.
  • Big oil is learning to live with $50 crude

    Big oil is learning to live with $50 crude

    Economy

    Oil stocks fell by 10.2 million barrels in the week ending 21 July to 487 million, against expectations of a 2.6 million barrel fall. According to the API, crude inventories tumbled 10.2M barrels last week. "The case for a return to $60 bbl and higher would require multiple production losses (Nigeria, Libya, Venezuela, and a few others are prime candidates)", the expert said.
  • Italian bank UniCredit hit by security breach affecting 400000 customers

    Italian bank UniCredit hit by security breach affecting 400000 customers

    Economy

    The bank says a first breach seems to have occurred in September and October 2016 and a second breach which has just been identified in June and July 2017. The breach was discovered by the bank's IT department, who detected anomalies in the way some users from this external commercial partner were accessing client data.
  • FCA proposes to extend the senior management regime to more firms

    FCA proposes to extend the senior management regime to more firms

    Economy

    The London Summit 2017 is coming, get involved! New rules are meant to make individuals more accountable for their conduct and competence, reducing harm to consumers and improving market integrity. All elements of the new rules will also be rolled out for insurers , which now adhere to requirements under a revised version of the FCA's Approved Persons Regime and the Prudential Regulation Authority's Senior Insurance Managers Regime.