Business

Bank of America Corporation Announces 15% Increase In Q3 Earnings

Bank of America Corporation Announces 15% Increase In Q3 Earnings Financial Architects Inc increased Bank Amer Corp ( BAC ) stake by 11602.67% reported in 2017Q2 SEC filing. Shares of Bank of America Corporation (NYSE: BAC ) traded up 1.49% during midday trading on Friday, hitting $25.83. Citigroup initiated the shares of ANTM in report on Friday, October 2 with "Buy" rating. Smith Moore, a Missouri-based fund reported 9,038 shares. Receive Bank of America C... [Full Article...]

BMW may partner with Great Wall to expand Chinese production

BMW may partner with Great Wall to expand Chinese production Reuters earlier this week reported the two automakers were looking to establish a joint venture in China. Back then it didn't make a lot of sense because the German brand is already working with a different partner in China, Brilliance Automotive, as per the regulations of the Chinese government. [Full Article...]

From Pokes to Poke Bowls, Facebook Expands Food Delivery

From Pokes to Poke Bowls, Facebook Expands Food Delivery You can browse restaurants nearby by visiting the Order Food section in the Explore menu. After browsing a list of restaurants in your area, you can click " Start Order " when you decide what you want. If you don't have an account with that service, you can quickly and easily sign up, without leaving the Facebook app. "From local spots to national chains, Facebook connects you with old favorit... [Full Article...]

Ophelia became a hurricane overnight - and is headed for Britain

Ophelia became a hurricane overnight - and is headed for Britain The storm, which is now a Category 2, was initially not thought to be a land threat, swirling far from the American and European coastlines in the middle of the Atlantic . As of 10 a.m. CDT Thursday , Hurricane Ophelia was located 715 miles southwest of the Azores and was moving north-northeast at 2 mph. Only slight weakening is forecast during the next 48 hours. [Full Article...]

What Are Analysts Opinions On Cisco Systems, Inc. (CSCO)

Each day in the past 1 week, the average volatility remained at 0.99%. It is positive, as 90 investors sold CSCO shares while 594 reduced holdings. A number of hedge funds have recently added to or reduced their stakes in the stock. Stryker Corp (NYSE:SYK) was reduced too. Since May 24, 2017, it had 0 insider buys, and 3 selling transactions for $12.50 million activity. Wells Fargo maintaine... [Full Article...]

Girls don't need the Boy Scouts' approval

Girls don't need the Boy Scouts' approval And 2016 National Young Woman of Distinction and Gold Award Girl Scout Sadhana Anantha, of Cary, can attest to the power of a Girl Scout experience, sharing that, "The two most influential STEM experiences during my high school career were spearheaded by STEM programs in Girl Scouts, leading me to branch out into different scientific communities and venture into the modern academic world... [Full Article...]

What Are Analysts Suggestions On Wells Fargo & Company

What Are Analysts Suggestions On Wells Fargo & Company This is down from its earnings per share of $1.03 from the same time a year ago. Wells Fargo has struggled to attract customers after news broke past year that branch bankers opened thousands of accounts without customer approval to meet aggressive sales targets. [Full Article...]

Head of Samsung semiconductor unit to resign

Head of Samsung semiconductor unit to resign Kwon is one of the two vice chairmen at Samsung Electronics with Jay Y. Lee, who was sentenced to five years in prison in August for bribing a presidential confidante in return for help in succeeding his hospitalized father, Chairman Lee Kun-hee. [Full Article...]

Bitcoin soars to a new all-time high above $5200

Bitcoin soars to a new all-time high above $5200 Its price skyrocketed in December 2013 as well as mid this year. Bitcoin's #Market Capitalization has now reached $86 billion. Two upcoming "forks" in the bitcoin software code, which will create rival clones of the cryptocurrency , were seen by some as a reason for the rise in price, which saw a boost after the "Bitcoin Cash" clone was created at the start of August. [Full Article...]

JPMorgan third-quarter earnings beat forecasts

JPMorgan third-quarter earnings beat forecasts The trends bode poorly for Goldman Sachs Group Inc GS.N , which has struggled more in bond trading recently than other Wall Street banks. (NYSE:IBM) has risen 4.86% since October 12, 2016 and is uptrending. 4,328 are held by Eubel Brady Suttman Asset Inc. It increased, as 56 investors sold JPM shares while 678 reduced holdings. Efg Asset Mngmt (Americas) holds 0.18% or 5,160 shares. [Full Article...]

Retail inflation at 3.28% in September

Retail inflation at 3.28% in September However, on a year-on-year (YoY) basis, the country's September retail inflation was lower than the 4.39 per cent CPI rate reported for the corresponding month of last year. IIP growth during April-August period of this fiscal stood at 2.2 per cent, down from 5.9 per cent in the same period in 2016-17. At least 10 industry groups showed growth in manufacturing sector. [Full Article...]

U.S. bombers conduct military drills over Korean peninsula

U.S. bombers conduct military drills over Korean peninsula Two supersonic US bombers flew over the Korean Peninsula in their first nighttime training mission with South Korean forces, a clear warning to North Korea as tensions spike over its nuclear weapons program. In late September, B-1 bombers flew the first mission this century north of the demilitarized zone (DMZ) that divides North Korea and South Korea. Any trip by South Koreans to North Korea ... [Full Article...]

ON Semiconductor Corporation (ON) Receives Average Recommendation of "Buy" from Brokerages

It has underperformed by 5.59% the S&P500. The insider now holds 362,717 shares of Cypress Semiconductor Corporation (CY ). The company now has an insider ownership of 1.7 Percent and Institutional ownership of 0 Percent. State Of Alaska Department Of Revenue holds 0.03% or 8,467 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems holds 2.23 million shares or 0.23% of its po... [Full Article...]

A Lone Democrat Just Introduced Articles of Impeachment Against Trump

A Lone Democrat Just Introduced Articles of Impeachment Against Trump Green also argued that Trump should not have to be convicted of a crime to be impeached. He said Mr Trump's response to neo-Nazi violence in Charlottesville, Virginia, his attack on National Football League players who had knelt in protest and his debunked claim that Barack Obama had wire-tapped him, had all undermined the integrity of the Oval Office and "brought disrepute on the presidency".... [Full Article...]

PMEAC acknowledges slowdown, identifies 10 priority areas

PMEAC acknowledges slowdown, identifies 10 priority areas The EAC-PM was formed under the chairmanship of NITI Aayog Vice Chairman Bibek Debroy , with Ratan Watal, Principal Advisor to the planning body, named Member Secretary of the Council. On joblessness front, Debroy, however, said whether we like it or not we don't have good data on employment. The Council wants the Modi government to stick to its fiscal consolidation road map and has suggested... [Full Article...]

Wells Fargo & Company (NYSE:WFC): Financial Health and Analyst Ratings

It has underperformed by 7.03% the S&P500. Vetr cut Wells Fargo & from a "hold" rating to a "sell" rating and set a $53.07 price target on the stock.in a report on Monday, October 2nd. Therefore 41% are positive. The company was maintained on Friday, April 28 by Vining Sparks. The stock of LaSalle Hotel Properties (NYSE:LHO) has "Hold" rating given on Friday, June 23 by RBC Capital Markets. [Full Article...]

Could the API's Crude Oil Inventories Push Crude Prices Higher?

Could the API's Crude Oil Inventories Push Crude Prices Higher? U.S. West Texas Intermediate (WTI) crude futures were trading at $49.65 per barrel at 0327 GMT, up 7 cents, or 0.14 percent, from their last close. "I think the market is able to absorb that 2 million bpd of USA exports easily", said Glencore's head of oil trading Alex Beard told the Reuters Global Commodities Summit. [Full Article...]

Cook County board votes 15-1 to repeal sugary drink tax

Cook County board votes 15-1 to repeal sugary drink tax Of course there will be layoffs, everything's on the table, says Preckwinkle, but she's putting the ball in the commissioners court to say where $200M of cuts should come from. David Goldenberg, a spokesman for the anti-tax coalition, told Fox News that one problem with the tax was that similar beverages would be treated differently depending on how they were packaged. [Full Article...]

Honda among auto companies affected by Kobe Steel scandal

Nissan announced a recall of a million vehicles this month, admitting that workers without proper certification routinely conducted inspections. Toyota Motor, Central Japan Railway, Mitsubishi Heavy Industries, Mazda Motor and Subaru were among affected customers, Reuters added, citing media reports and statements. [Full Article...]

Richard Thaler of United States wins Nobel Economics Prize

Richard Thaler of United States wins Nobel Economics Prize On November 8, PM Modi shocked the country when he announced that the government was banning Rs 500 and Rs 1000 notes in a bid to promote cashless economy and control corruption. Influential in the field of behavioural economics, his research showed how traits such as lack of self-control and fear of losing what you already have prompt decisions that may not have the best outcome in the longer t... [Full Article...]


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