Business

General Motors Company (NYSE:GM) Experiences Lighter than Average Trading Volume

General Motors Company (NYSE:GM) Experiences Lighter than Average Trading Volume Shares of Ford Motor Company (NYSE:F) traded down 2.174% during mid-day trading on Wednesday, reaching $11.025. North Star Investment Management upped its stake in General Motors by 0.8% in the Q1. The dividend was $0.380 per share for the quarter or $1.52 annualized. According to Yahoo Finance, The Dividend Date for General Motors Company is Jun 23, 2017 and its Ex-Dividend Date is Jun 7,... [Full Article...]

Problems of Oil Tankers Association to be resolved in 15 days: OGRA

Problems of Oil Tankers Association to be resolved in 15 days: OGRA On the other hand, Ogra suspected the oil marketing companies for orchestrating the strike through oil tankers owners and pledged not to compromise on safety standards. More than two hundred people had lost their lives just a day before Eid in the tragic incident. Mohammad Akram, a motorcyclist in Saddar, said he wanted to buy petrol in case of an emergency after reports in the media that the s... [Full Article...]

Lyft, Taco Bell team up to answer late-night cravings

Lyft, Taco Bell team up to answer late-night cravings Today the rideshare company announced a new partnership with Taco Bell . Taco Mode is an in-app option for Lyft riders to provide passengers with the "ultimate Taco Bell experience". The companies teamed up to "blow wind on this emerging behavior we're seeing in social", said Taco Bell Chief Marketing Officer Marisa Thalberg. Earlier this month, the Kansas City Council approved new r... [Full Article...]

McDonald's U.S. same-store sales rise 3.9%

McDonald's U.S. same-store sales rise 3.9% McDonald's Corp .is figuring out how to win back lapsed customers and keep its regulars coming in for more. McDonald's Corporation ( NYSE:MCD ) early Tuesday posted market beating second quarter earnings results amid strong sales at established stores. [Full Article...]

Would A Sale Revitalize Barnes & Noble?

Would A Sale Revitalize Barnes & Noble? The value in dollars increased from $304,000 to $333,000 a change of $29,000 quarter to quarter. As of quarter end Goldman Sachs Group Inc had disposed of a total of 1,453 shares trimming its stake by 1.2%. The 50 day moving average was down by -25.84% and the 200 day average went down $-2.73 or -27.53%. Today's rally has BKS trading north of their 80-day moving average for the first time in... [Full Article...]

Would Liam Fox eat a chlorine-washed chicken?

Would Liam Fox eat a chlorine-washed chicken? Chlorine-washed chicken has been dominating the headlines over the last few days, after International Trade Secretary Liam Fox arrived in Washington to open talks on a potential trade deal with the US. While Fox said the agenda can be pushed forward with the USA, the same can't necessarily be said for negotiations with the EU. But divisions over the citizens' rights and other issues persist. [Full Article...]

New York Times Still Wants An Apology For 'Malicious' Fox News Segment

New York Times Still Wants An Apology For 'Malicious' Fox News Segment The Associated Press reports on an epic conflict from the world of journalism: "No apology from Fox in its battle with The New York Times ". The dispute between the news outlets was magnified by White House attention. The clarification was not sufficient for Rhoades Ha, who said it "wasn't an apology ". Hegseth said the Times "is not just failing in its credibility". [Full Article...]

BMW denies reports of emission manipulation

BMW denies reports of emission manipulation The German auto-makers have more stuff to worry about now, with reports suggesting that they are under investigation for having colluded as part of one of the biggest cartels in history. European Union commissioner for industry, Elzbieta Bienkowska has written to Europe's transport ministers threatening to ban diesel vehicles unless these are cleaned up by the year end, Germany's Sueddeutsche Zeit... [Full Article...]

International Monetary Fund downgrades United Kingdom growth while European rivals surge

International Monetary Fund downgrades United Kingdom growth while European rivals surge By contrast, the DC-headquartered fund revised up its growth projections for a number of key euro area countries, including France, Germany , Italy and Spain , based on stronger performance in the first three months of the year. The temporary negative consumption shock induced by cash shortages and payment disruptions from the recent currency exchange initiative resulted in a modification of the... [Full Article...]

Nifty Inches Closer to 10000-Mark, Sensex Over 150 Points up

Nifty Inches Closer to 10000-Mark, Sensex Over 150 Points up All the sectoral indices, led by IT, oil & gas, bank and PSU, were trading in the positive zone with gains up to 0.51 percent. According to market observers, investors' sentiments were boosted by hopes of healthy quarterly results from index heavyweights such as Ambuja Cements and HDFC Bank, and buying in consumer durables, banking and FMCG stocks. [Full Article...]

Oil prices rally to session highs after Saudis pledge to cut exports

Oil prices rally to session highs after Saudis pledge to cut exports According to report, Nigeria's crude oil production had been stuck on 1.8 million barrel per day and has now recorded an additional 200,000 barrels per day. Prices have trended downward as a result. In its economic report for May, CBN said the external sector weakened in the month under review due to the decline in crude oil prices from an average of $52.90 per barrel in April 2017 to $51.04 per... [Full Article...]

Kentucky's jobless rate rises slightly in June

Kentucky's jobless rate rises slightly in June Texas added 319,000 jobs in the past 12 months, while California tacked on 261,000 new positions. And as for the employment-population ratio, it came in at 78.5 percent in June of this year compared to 80.1 percent in February 2007. Today, the labor force participation rate (i.e., the civilian labor force as a share of the civilian noninstitutional population) is 62.8 percent. Mining and logging... [Full Article...]

CAF moves AFCON to June/July

CAF moves AFCON to June/July This was passed by the CAF Executive Committee at the ongoing symposium in Rabat, Morocco. Players have previously been caught between duty for their national team and clubs that employ them. To put it in perspective, how many people, including Africans, would switch to the AFCON if their countries are not involved, especially when the European leagues are on? Hosting could also become more re... [Full Article...]

Elon Musk Claims Verbal OK for Underground Hyperloop

Elon Musk Claims Verbal OK for Underground Hyperloop His series of tweets indicate that while The Boring Company , the infrastructure and tunneling company that Musk founded, received "verbal" government approval , there are still steps to be made before getting formal approval. Musk teased the idea of combining two of his current projects - the fast-moving rail system known as the hyperloop , and the underground tunnels he's now digging... [Full Article...]

Why General Electric Earnings Won't Move the Needle Much

Why General Electric Earnings Won't Move the Needle Much Friday reported dip in second-quarter profit and revenue on lackluster performance from its energy connections unit. Shares fell 3% in early trading to $25.83, leaving the price about 18% below where it started the year. Industrial orders - which give a glimpse at future demand for equipment like jet engines, power turbines and oil-related equipment - rose 6% in the quarter, driven by strength i... [Full Article...]

Lyft plans to build own self-driving tech to rival Uber & Google

Lyft plans to build own self-driving tech to rival Uber & Google The company is opening a new self-driving research facility in Palo Alto, CA. over the next few weeks, Lyft announced today . The announcement comes after Lyft earlier this year introduced what it calls "the world's first open self-driving platform". [Full Article...]

Asian Shares Fly High on Thursday

Asian Shares Fly High on Thursday But utility and financial shares were lower. Wall Street's S&P 500 , Dow Jones and Nasdaq markets also looked set to squeeze out slim gains, even as bond yields - the key driver of global borrowing costs - edged higher again. It eventually pulled back though to trade at US$0.7909 in Europe . Germany's DAX gained 0.7 percent to 12,534. Bond yields across the bloc fell 2-7 basis points, le... [Full Article...]

Rosenstein: Justice Department Employees Have "Obligation" To Keep Memos Confidential

Rosenstein: Justice Department Employees Have Pressed on whether he'd prohibit the release of these types of memos, the deputy AG said: "I think it's quite clear". When asked by MacCallum if he would ever consider re-opening the investigation, Rosenstein answered "every decision we make ... [Full Article...]

Canadian company buys Avista Corp. for $5.3 billion

Canadian company buys Avista Corp. for $5.3 billion Schmidt added: "The strength of the combined company enables the accelerated deployment of innovation programs and infrastructure upgrades for the benefit of customers while continuing to deliver on shareholder expectations for consistent, healthy, financial performance". [Full Article...]

BT Group PLC (BT) Raised to "Buy" at ValuEngine

BT Group PLC (BT) Raised to About 16 shares traded. It has underperformed by 5.87% the S&P500. The firm earned "Buy" rating on Friday, July 31 by Swedbank. The firm has a market capitalization of $40.19 billion, a P/E ratio of 16.52 and a beta of 1.04. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. It has a 35.41 P/E ratio. The Company's divisions include Growth Markets, USA, Re... [Full Article...]


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