Finance

Sensex, Nifty open higher, Infosys extends losses

Sensex, Nifty open higher, Infosys extends losses All the sectoral indices of NSE advanced in the morning trade with gains up to 1.3%. The Indian rupee opened slightly stronger against the USA dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.07% while Japan's Nikkei was off 0.4%. ■ 9.10am: The 10-year bond yield was at 6.513%, compared to its previous close of 6.513%. [Full Article...]

Western Alliance Bancorporation (NYSE:WAL) Rating Reiterated by Jefferies Group LLC

The stock's market capitalization is 5.10B, it has a 52-week low of 35.56 and a 52-week high of 53.84. About 135,761 shares traded. Tompkins Corporation holds 2,615 shares or 0.06% of its portfolio. Raymond James Financial Services Advisors Inc. bought a new stake in Western Alliance Bancorporation during the second quarter worth $202,000. Parametrica Management Ltd acquired a new position in sh... [Full Article...]

Sempra Energy to buy Oncor for $9.45B, beating Buffett

Sempra Energy to buy Oncor for $9.45B, beating Buffett Buffett is famous for refusing to take part in bidding wars and the Wall Street Journal reported Sunday that Sempra had sweetened its initial bid of $9.3 billion for Oncor. Solar eclipse aside, a rare sight is due to be revealed in US bankruptcy court on Monday in Wilmington, Del. Two other offers prior to Berkshire Hathaway had been blocked by regulators in Texas. [Full Article...]

Top US military officer warns N Korea that US military ready

On Monday , the chairman of the U.S. Joint Chiefs of Staff met with senior South Korean military and political officials and the local media. During his visit to China, Dunford said peace with North Korea is a "possibility", but warned the United States has "credible, viable military options " for dealing with the errant regime. [Full Article...]

Merck CEO Resigns From A Trump Business Council, Citing His Conscience

For 2016, the list price on its drugs rose by 9.6 percent on average while the net price, which more closely reflects what is paid by consumers, rose 5.5 percent, according to the report. After President Donald Trump's response to the violent protests in Charlottesville, Virginia, one pharmaceutical CEO is distancing himself from the White House. [Full Article...]

Silicon Valley Tech Giants Take Belated Stand Against Neo-Nazis

Silicon Valley Tech Giants Take Belated Stand Against Neo-Nazis While social-media companies have been grappling for years with how to rid their sites of hateful and ugly speech and images, the events of the last several days served as a stark reminder of just how real, present and local the threat posed by white supremacists can be. [Full Article...]

Fortescue Metals profits surge 113 per cent US$2.1b

Fortescue Metals profits surge 113 per cent US$2.1b The company will reward shareholders with a dividend of 25¢ a share, up from 12¢ past year. The company announced a final dividend of 25 cents (against a market forecast of 15 cents), taking full-year dividends to 45 cents fully franked. "The whole Fortescue team has delivered these outstanding results against our key stretch targets of safety, production and cost", said Fortescue CEO Nev Power... [Full Article...]

Tesla's Musk, Other Robotics Experts Urge UN to Ban Killer Robots

Tesla's Musk, Other Robotics Experts Urge UN to Ban Killer Robots We do not have long to act. Musk, for one, is famously wary of AI's potential to go bad, recently calling it "the greatest threat we face as a civilization", above even nuclear weapons - but the open letter is the first time a group of AI and robotics companies have joined forces to petition the United Nations specifically about autonomous weapons, according to the release. [Full Article...]

'Hitman's Bodyguard' Takes Top At Box Office

'Hitman's Bodyguard' Takes Top At Box Office The next major franchises or sequels on tap are "Kingsman: The Golden Circle", the follow-on to a surprise 2015 hit from 21st Century Fox Inc. that brought in $414 million worldwide, and "The Lego Ninjago Movie", Warner Bros.' latest toy-based installment, both on September 22. [Full Article...]

North Korea warns it won't negotiate nukes if U.S. is hostile

North Korea warns it won't negotiate nukes if U.S. is hostile North Korea's rapid progress in developing nuclear weapons and missiles capable of reaching the USA mainland has fueled a surge in tensions in recent days. Guterres' remarks were not included, but the United Nations chief told reporters on Wednesday that he had spoken to the North Koreans and the five other parties in talks on Pyongyang's nuclear programme that have been stalled since 2009. [Full Article...]

Merck CEO Resigns From American Manufacturing Council

Merck CEO Resigns From American Manufacturing Council A Merck spokesperson declined to respond to Mr. Trump's tweet and said that Frazier's statement "speaks for itself". Mr Trump mocked the executive nearly immediately following the resignation, saying on Twitter that Mr Frazier will now "have more time to LOWER RIPOFF DRUG PRICES!" Krazanich and Plank refrained from citing Trump's blasé attitude regarding racially-motivated violence, ... [Full Article...]

CEOs abandon Trump over Charlottesville

He lashed out nearly immediately at Frazier, saying on Twitter that he will now "have more time to LOWER RIPOFF DRUG PRICES!" Manufacturing has made a strong comeback under the Trump Administration after almost a decade of contraction and lackluster growth. [Full Article...]

Far-right clashes: Merck CEO quits Trump panel

Far-right clashes: Merck CEO quits Trump panel Trump, who is under increasing pressure to explicitly condemn the white supremacist and hate groups involved, lashed out nearly immediately Monday at Merck CEO Kenneth Frazier on Twitter , saying that because of the resignation, the pharmaceutical executive " will have more time to LOWER RIPOFF DRUG PRICES! ". [Full Article...]

Tottenham 0 Chelsea 1 - Blues ahead after superb Alonso goal

Tottenham 0 Chelsea 1 - Blues ahead after superb Alonso goal Chelsea was growing confident over the signing of Arsenal midfielder Alex Oxlade Chamberlain for £35 million, with Conte desperate to strengthen his squad. The English Premier League returned with a blast last weekend as we witnessed 31 goals from the ten matches that were played, that's an average of three goals per match. [Full Article...]

Trump doubles down on Merck attack

Trump doubles down on Merck attack But at least seven companies or executives said that they would remain with the council, which was formed in January to advise Trump on manufacturing growth - a key focus of the president's campaign. However, on Tuesday he reverted to his earlier comments blaming " many sides " for the violence. The White House did not replace Klaus Kleinfeld after he stepped down as chief executive of the man... [Full Article...]

Operations at IGI airport suspended briefly after a drone spotted

Operations at IGI airport suspended briefly after a drone spotted The pilot of Air Asia flight no I5-799 spotted the object near Terminal 3 of the high-security Indira Gandhi International ( IGI ) Airport while landing at 7.09pm and reported the matter to the authorities, said an official of the CISF, which looks after the airport security across the country. [Full Article...]

Trump Cites 'Grandstanders' After Another Executive Leaves His Business Council

Trump Cites 'Grandstanders' After Another Executive Leaves His Business Council Mr Trump mocked the executive nearly immediately following the resignation, saying on Twitter that Mr Frazier will now "have more time to LOWER RIPOFF DRUG PRICES!" The demonstration in Charlottesville by hundreds of white nationalists took a deadly turn on Saturday when a vehicle ploughed into a group of counter protesters and killed one person. [Full Article...]

African American CEO Kenneth Frazier quits Trump panel after Charlottesville

African American CEO Kenneth Frazier quits Trump panel after Charlottesville In a tweet announcing his resignation, Mr Frazier said: "America's leaders must honour our fundamental views by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal". [Full Article...]

Day Until the Solar Eclipse! NASA Scientist Explains What Makes Eclipses Spectacular

Day Until the Solar Eclipse! NASA Scientist Explains What Makes Eclipses Spectacular The total solar eclipse is the first over any part of the United States since 1979 - but it will be travelling so fast you couldn't even chase it in a supersonic jet. "As champions of sharp vision, we want to help everyone see this cross-country celestial spectacle as clearly and safely as possible-before it disappears again for almost 30 years", their website says. [Full Article...]

Day Until the Solar Eclipse! NASA Scientist Explains What Makes Eclipses Spectacular

Day Until the Solar Eclipse! NASA Scientist Explains What Makes Eclipses Spectacular The total solar eclipse is the first over any part of the United States since 1979 - but it will be travelling so fast you couldn't even chase it in a supersonic jet. "As champions of sharp vision, we want to help everyone see this cross-country celestial spectacle as clearly and safely as possible-before it disappears again for almost 30 years", their website says. [Full Article...]


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