Monday August 20-th, 2018

California's Big Bet on Sunshine California's Big Bet on Sunshine

Sully Sullivan from the Big Biz Show joined Good Morning San Diego to discuss the new mandate by the state of California requiring solar panels on new homes. "We can not let Californians be in homes that are essentially the residential equivalent...

Walmart Makes Flipkart Investment Official Walmart Makes Flipkart Investment Official

As per media reports, Walmart will be retaining Flipkart's management led by co-founder Binny Bansal , while Sachin Bansal will be leaving the company selling his entire 5.5% stake to Walmart . E-commerce sales in India hit $21 billion previous...

Boeing CEO says end of Iran deal won't hurt 737 production Boeing CEO says end of Iran deal won't hurt 737 production

France's Total, Anglo-Dutch Royal Dutch Shell and Italy's Eni were more active in Iran than USA companies, which were still limited by other sanctions unrelated to Iran's nuclear program, including a trade embargo. Regarding the Brazilian deal, Boe...

Trump wants to cut $107M in Hurricane Sandy relief funds Trump wants to cut $107M in Hurricane Sandy relief funds

Senior officials have strongly stated that such cuts will not impact current successful programs, but the decision has come under fire. In reviewing the accounts, Congress has the ability to reduce dollar amounts and take items off of the list.

Ford Could Halt Production Of America's Best-Selling Vehicle For Weeks Ford Could Halt Production Of America's Best-Selling Vehicle For Weeks

Analysts and the company said F-150 inventory is fine for now but the situation is volatile. Ford expects the production shortage will "have an adverse impact" on near-term results but it maintains full-year EPS guidance of $1.45-$1.70.

There are nearly as many job openings as unemployed USA workers There are nearly as many job openings as unemployed USA workers

Analysts had forecast 6.1mn openings, and the prior month's reading was revised upward to 6.08mn. The Labor Department, which has been tracking job openings since 2000, said in its monthly Job Openings and Labor Turnover Summary that total job op...

Notable Runner- Valeant Pharmaceuticals International, Inc. (VRX) Notable Runner- Valeant Pharmaceuticals International, Inc. (VRX)

Of course, there is no simple answer to solving the question of how to best tackle the stock market, especially when dealing with an uncertain investing climate. Given a positive discrepancy of 22.91% between return and cost, this indicates that Val...

Comcast Planning $60B Bid for Fox Assets Comcast Planning $60B Bid for Fox Assets

Cable TV giant Comcast rained on Fox's parade by topping the latter's £19bn offer for pay-TV behemoth Sky PLC ( LON:SKY ) with a £22bn bid but Fox shareholders are likely to be happier at this latest twist in Comast-Sky-Fox-Disney ménage à quatre...

ICICI Bank reports 45 per cent drop in consolidated net profit ICICI Bank reports 45 per cent drop in consolidated net profit

While officially the meeting's agenda is "strategy", the issue that is likely to be discussed is the controversy surrounding Rs 3,250-crore loan to the Videocon group. On a year-to-date basis, the stock has dropped by 9 percent and has underperform...

Iranian Officials Speak Out Against Too-High Oil Prices

Oil prices rose to their highest levels since late 2014 on Monday, boosted by the latest troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctions on Iran. Recent price action suggests that...

Amazon Beaten By Walmart In Battle For India's Flipkart Amazon Beaten By Walmart In Battle For India's Flipkart

The traders' body demanded that the government form a regulatory authority for e-commerce and till the authority is formed, no such deal should be allowed. Bloomberg reported Friday that Flipkart's board has approved the sale of a roughly 75-percen...

Air France shares in tailspin after CEO quits Air France shares in tailspin after CEO quits

Shares were down almost 10 per cent as investors continued to lose faith in the airline, which has been battered by three months' worth of strikes over pay and working conditions. Air France-KLM posted a first quarter operating loss of €118 million (...

Rumor: Call of Duty: Black Ops 4 Is a Battle.net Exclusive

Jennison Associate Lc has 0.86% invested in Activision Blizzard, Inc . (NASDAQ: ATVI ) last night, Wedbush analyst Michael Pachter is out with a bullish research note, continuing to point to these shares on his Securities Investment Committee's Be...

Sonam Kapoor-Anand Ahuja's wedding festivities in full swing Sonam Kapoor-Anand Ahuja's wedding festivities in full swing

Several noted individuals from the Bollywood industry and other family members have been seen dropping by at the Kapoor residence for pre-wedding functions of Sonam Kapoor and the Mehndi is supposed to take place today evening. "Married men are a...

Air France-KLM boss resigns Air France-KLM boss resigns

The news comes at an awkward time as Air France-KLM is facing a wave of strikes from workers at Air France who have cost the company approximately $350 million. Despite the strike, the company says it will be able to maintain 99% of long-haul fligh...

USA adds 164K jobs in April, unemployment drops USA adds 164K jobs in April, unemployment drops

The jobless rate, derived from a separate survey of households, fell to 3.9%, the lowest since December 2000, after six months at 4.1%. How will businesses solve the issue of finding employees? "The jobs report was very good", President Donald ...

Waymo self-driving van involved in Arizona crash Waymo self-driving van involved in Arizona crash

In this case a driver was on board and was injured in the accident. "This afternoon around noon a vehicle (Honda sedan) travelling eastbound on Chandler Blvd. "The Waymo vehicle is not the violator vehicle". Arizona changed its rules on autonomous ...

Real Madrid Manager Admits their Champions League Dominance is Not Real Madrid Manager Admits their Champions League Dominance is Not "Normal"

Real coach Zidane, however, insisted the "suffering" his team have been put through in their elimination of Paris Saint-Germain, Juventus, and now Bayern, should not be underestimated. James Rodriguez's goal added some late tension, but the Spanish ...

British Airways owner sees first quarter profits take off British Airways owner sees first quarter profits take off

The news comes just weeks after IAG purchased 4.6 percent of the low-priced airline, which has created some tough competition for airlines within IAG, both on short-haul and long-haul flights. Other analysts said Norwegian remains in an enviable posi...

$1 settlement for black men arrested in Starbucks $1 settlement for black men arrested in Starbucks

Philadelphia Mayor Jim Kenney said he was pleased to resolve the potential claims against the city . Robinson said the city-funded foundation will focus on teaching students not only about entrepreneurship, but also etiquette and financial literac...

Oil falls after U.S. output hits record Oil falls after U.S. output hits record

Brent crude futures fell 27c, or 0.4%, to $73.09 a barrel by 3.23pm GMT and US West Texas Intermediate (WTI) crude slipped 31c to $67.62 a barrel, a 0.5% loss. Investors are anxious about supplies after Iran took a tough stance in its response to t...

Apple so 'unbelievable' that Warren Buffett buys $75 million more shares Apple so 'unbelievable' that Warren Buffett buys $75 million more shares

The news comes as Apple impressed investors with its Q2 earnings report and as rumours fly over its next iPhone release. Buffett said the company's exact holdings will be disclosed in a quarterly regulatory filing on Saturday. Belpointe chief str...

Walmart triumphs over Amazon in battle to acquire Flipkart Walmart triumphs over Amazon in battle to acquire Flipkart

If the deal in India gets fructify according to present scenario then Google and Walmart will replicate their business synergies in India on the lines of the US. Flipkart and Alphabet did not respond to Reuters requests seeking comment. M...

Apple (AAPL) Holdings Lifted by Baystate Wealth Management LLC Apple (AAPL) Holdings Lifted by Baystate Wealth Management LLC

Boosted by the expensive iPhone X, Apple fetched an average of $728 per iPhone in this year's quarter, an 11 percent gain from last year's average of $655. Beach Investment Management LLC. grew its position in Apple by 1,517.7% during the second ...

Shell earnings in Q1 2018 rise 42% on soaring oil, gas prices Shell earnings in Q1 2018 rise 42% on soaring oil, gas prices

The stock has seen its SMA50 which is now 10.61%. The stock now has an average rating of "Buy" and an average price target of GBX 2,039.25 ($24.85). That represents a 69pc surge since the same quarter previous year and Shell's highest three-mon...

Fiery explosion at standoff scene injures as many as 8 officers Fiery explosion at standoff scene injures as many as 8 officers

They do not yet know the cause of the fire. "The sound from all the emergency vehicles has been unbelievable", she said. Police say the injured include five officers from East Haven, three from North Haven and one from Branford. Police were then call...

Shares in Diebold Nixdorf (DBD) Purchased by Millennium Management LLC

It is negative, as 39 investors sold SYK shares while 375 reduced holdings. Teton Advisors Inc increased Diebold Nixdorf ( DBD ) stake by 28.15% reported in 2017Q4 SEC filing. It offers Paylocity Web Pay for enterprise-grade payroll processing an...

Myanmar's military to investigate itself on Rohingya rape allegations Myanmar's military to investigate itself on Rohingya rape allegations

But Suu Kyi's civilian government has little control over the Myanmar military . Myanmar state-run media reports that the military there will be "taking harsh and stronger actions against such offenders" in the horrific rapes of Rohingya women a...

Nikola Motor Company Sues Tesla Just Ahead Of Earnings Report Nikola Motor Company Sues Tesla Just Ahead Of Earnings Report

According to the suit, Nikola released its design in May 2016 and alleges that sometime after Tesla took this idea and ran with it. Notably, Electrek does a great job of pointing out that wrap windshields on trucks have been around forever an...

Jose Mourinho opens up on Man United star Marouane Fellaini's contract extension Jose Mourinho opens up on Man United star Marouane Fellaini's contract extension

Arsenal's 1-0 win here in 1998 sparked an unlikely rally to win the league at the expense of United, and another 1-0 win in 2002 clinched a second league title. Faria has worked under Mourinho for 17 years, first as a fitness coach and then as an as...

Ex-Volkswagen CEO Winterkorn charged in U.S. over 'Dieselgate' Ex-Volkswagen CEO Winterkorn charged in U.S. over 'Dieselgate'

The charges contradict the German carmaker's steadfast insistence that no members of its management board were involved in the emissions fraud. It has since cost the company more than $30bn in fines, fixes and compensation to date - the majority of...

Fed holds rates steady and stays on track for June increase

The inflation rate, on the other hand, has moved closer to the Fed's 2 percent target, the statement said. The vote was a unanimous 8-0 vote to keep Fed Funds steady in the target range of 1.50% to 1.75%. But Fed policymakers were almost evenly divid...

US Treasury provides way for three Russian companies to avoid sanctions US Treasury provides way for three Russian companies to avoid sanctions

Rusal has been considering a range of measures to try to convince the U.S. Treasury Department to lift the sanctions, which have led customers to stop buying its aluminium and sent creditors scrambling to offload debt. The sanctions imply that the as...

How Many The Coca-Cola Company (NYSE:KO)'s Analysts Are Bullish?

About 11.51 million shares traded. Coca-Cola European Partners ( NYSE :CCE) last announced its quarterly earnings results on Thursday, April 26th. It has underperformed by 4.22% the S&P500. Rating Scale; where 1.0 rating mean Strong Buy, 2.0 rating...

Comm Bank confirms it lost customer information for nearly 20M accounts Comm Bank confirms it lost customer information for nearly 20M accounts

However, BuzzFeed reports the OAIC is now making further inquiries into the incident, following a report by the banking regulator that slammed the bank for its "widespread sense of complacency". Malaysian Bank CIMB lost several magnetic tapes con...

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