Finance

Xact Kapitalforvaltning AB Reduces Holdings in Goodyear Tire and Rubber (GT)

Xact Kapitalforvaltning AB Reduces Holdings in Goodyear Tire and Rubber (GT) The stock price is settled at $27.01 after trading hours. Goodyear Tire and Rubber had a return on equity of 15.70% and a net margin of 2.25%. GT underperformed the S&P 500 by 37.28%. 112 increased positions while 40 funds acquired positions. Institutional investors and hedge funds own 95.03% of the company's stock. Ionic Cap Management Limited Co owns 0.02% invested in The Goodyear Tire & Rubber ... [Full Article...]

IShares Transportation Average ETF (IYT) Rises 0.69% for May 10

The ETF's YTD performance is 2.47%, the 1 year is 26.39% and the 3 year is 18.18%. In addition, when the SAR changes its direction and crosses the price levels, not only the current position should be closed, but it is suggested that the opposite one should be opened at the same price levels. [Full Article...]

Sensex, Nifty trade flat; Federal Bank stocks down

Sensex, Nifty trade flat; Federal Bank stocks down Crude oil climbed to the highest level since late 2014 at United States dollars 77.07 per barrel after US President Donald Trump abandoned an global nuclear deal with Iran , ratcheting up geopolitical tensions and likely disrupting oil supplies . [Full Article...]

Audi confirms plans to sell 800000 electrified cars in 2025

Audi confirms plans to sell 800000 electrified cars in 2025 As a part of the Audi Vorsprung 2025 strategy, the board members at Audi have chose to aim for the sale of 800,000 fully electric cars and plug-in hybrids in 2025. Audi is systematically prioritizing the resources gained from efficiency progress for innovations with high customer relevance as well as Vorsprung durch Technik in the competitive arena. [Full Article...]

Racist tirade at Lethbridge restaurant caught on camera

Racist tirade at Lethbridge restaurant caught on camera From there, the woman and the men engaged in a heated exchange. Omerzai said Pocha became upset after accusing one of his friends of "glaring" at her table. "Everyone is welcome in Alberta". Mayor Chris Spearman also condemned the racist rant and said Lethbridge has gone out of its way to welcome newcomers from all over the world. [Full Article...]

Oil prices boom to highest levels in more than 3 years

Oil prices boom to highest levels in more than 3 years EIA estimates global petroleum and other liquid fuels inventories declined by 0.5 MMBPD a year ago. US refineries produced over 9.9 million barrels of gasoline a day last week, down by about 100,000 barrels compared to the prior week. Exports meanwhile, have more than doubled to record highs of 2.6 million bpd this April, up around 1.5 million bpd in the same time, most of which has been drive... [Full Article...]

RICS House Prices: More Signs of Market Slowdown Emerge

RICS House Prices: More Signs of Market Slowdown Emerge Although this figure signals only a slight decline at this stage, it is still the most negative figure since November 2012. The national reading is, however, being heavily weighed down by the lowest feedback from London since February 2009, where 65 per cent more respondents saw prices fall over the month rather than rise. [Full Article...]

The HPV Vaccine Is Effective Against Cervical Precancers

The HPV Vaccine Is Effective Against Cervical Precancers Most people who have sexual contact at some point in their life will be exposed to the human papilloma virus ( HPV ). Usually, they are cleared naturally by the immune system. In older women - those vaccinated between the ages 25 and 45 - the effects of HPV vaccine were smaller, the authors estimate. Not everyone who has cervical precancer goes on to develop cervical cancer but predicting who... [Full Article...]

Australia High Court Rules Against Labor Senator as Citizenship Crisis Widens

Australia High Court Rules Against Labor Senator as Citizenship Crisis Widens The country's 117-year-old constitutional ban on dual citizens seeking public office has led to drawn-out legal wrangles and already forced nine lawmakers to resign. He said the MPs should not take their seats in the parliament for question time at 2pm (AEST), and did not rule out fining the MPs or forcing them to pay back their salaries for sitting in parliament unlawfully. [Full Article...]

Donald Trump angers Scots after luxury golf resort bans Irn-Bru

Donald Trump angers Scots after luxury golf resort bans Irn-Bru The hotel recently underwent a £200m revamp - including hundreds of thousands of pound spent on lavish new carpets. According to the Trump Turnberry General Manager Ralph Porciani, the cost of replacing only the stained ballroom carpet will be about $680,000. [Full Article...]

Eicher Motors Q4 profit at Rs 462 crore as JV exit bites

Eicher Motors Q4 profit at Rs 462 crore as JV exit bites For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 2517.29 Crore, up 11.85 % from last quarter Sales of Rs 2250.65 Crore and up 34.15 % from a year ago same quarter Sales of Rs 1876.54 Crore Company has reported net profit after tax of Rs 365.28 Crore in latest quarter. [Full Article...]

Saudi Arabia can boost oil output

OPEC agreed to reduce output by about 1.2 million barrels per day in the deal. "Initial cargoes of West Karoun will be sold on a spot basis as the quality of the crude is yet to be established", one of the sources explained, while the other added that "some refiners have taken the sample". [Full Article...]

Headed For a Pullback? Share Update on S&P Bank ETF SPDR (KBE)

Headed For a Pullback? Share Update on S&P Bank ETF SPDR (KBE) Investors may have to do all the necessary homework in order to find stocks that will thrive under any market conditions. It can be very tempting to take advice from someone who has a track record of beating the market. In general, and ADX value from 0-25 would represent an absent or weak trend. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. [Full Article...]

USA shopper costs rose a modest 0.2 % in April

USA shopper costs rose a modest 0.2 % in April In April, a 0.3-percent rise in the index for final demand goods less foods and energy and a 0.1- percent advance in prices for final demand energy offset a 1.1-percent drop in the index for final demand foods. The Federal Reserve tracks a different inflation measure, which is now flirting with the USA central bank's 2 percent target. Many analysts believe the Fed will raise rates for a second t... [Full Article...]

Helios and Matheson Analytics (HMNY) Trading Down 35.4%

Helios and Matheson Analytics (HMNY) Trading Down 35.4% Comparatively, the gazes have a Gross margin 54.20%. Banks, technology stocks and industrials posted gains. The trading of the day started with the price of the stock at $1.08. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. According to Twilio Inc .'s Insider ownership is at 0.70%. [Full Article...]

Bank of England leaves rates on hold

Bank of England leaves rates on hold However, despite Carney's changing opinions, he's suggested numerous times that the economic data would need to back calls for a rate hike, which now, it doesn't. But late last month, data started to raise doubts. At the last interest meeting, two policymakers voted to hike interest rates. Carney said the bank's nine-member rate-setting body thinks the "underlying pace of growth remains more res... [Full Article...]

Shire (SHP) Receives Buy Rating from Shore Capital

On Wednesday, February 28 the stock has "Overweight" rating by JP Morgan. As per Monday, February 12, the company rating was maintained by Citigroup. The company has an average rating of Hold and a consensus target price of GBX 2,749.43 ($37.30). [Full Article...]

Lalu Prasad gets three-day parole to attend elder son's marriage

Lalu Prasad gets three-day parole to attend elder son's marriage The couple will tie the knot on May 12. Lalu is in judicial custody after his conviction in three fodder scam cases related to fraudulent withdrawals from the Dumka, Deoghar and Chaibasa treasuries. After the uncertainties that prevailed on Wednesday, the jail administration eventually approved the parole. The engagement was held in a Patna hotel on April 18 in the absence of Prasad. [Full Article...]

Yeee! Aishwarya Rai has a surprise for her fans

Yeee! Aishwarya Rai has a surprise for her fans Her fans have been waiting for her to be on social media for a long time. And the diva has a surprise in store for her fans. In a statement released by the actress' team, it's revealed that Aishwarya will make her official entry to Instagram to thank her very large fan-following, who shower constant love and support. [Full Article...]

RBS reaches $4.9B settlement in USA probe of mortgage-backed securities

RBS reaches $4.9B settlement in USA probe of mortgage-backed securities Citigroup reiterated a "neutral" rating on shares of Royal Bank of Scotland Group in a research report on Monday, February 12th. RBS says $3.46B of the penalty would be covered by existing provisions, with the rest to come from an incremental charge of $1.44B during Q2. [Full Article...]


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