Finance


Utah Retirement Systems Buys 100 Shares of Rite Aid Corporation (NYSE:RAD)
- July 04, 2017

The value in dollars went from $2,078,000 to $1,077,000 decreasing 48.2% quarter to quarter. The company's market cap is $2.82 billion. Rite Aid Corporation has a consensus hold rating from 8 Wall Street analysts, and the number of shares now sold short amount to at least 3.48% of shares outstanding. (more...)
Samsung to invest $18bn in memory chips to extend global lead
- July 04, 2017

The decision to expand investment in the chips and display sectors also comes in line with the new government's plan to generate jobs and revitalize the national economy through cooperation with the business community, the sources added. In a company statement issued Tuesday, Samsung announced that by 2021 investments in its Pyeongtaek plant-which has already seen 15.6 trillion won ($13.5 billion) of spending-would rise to 30 trillion won ($26 billion). (more...)
Qatar planning LNG production boost amid Gulf row Qatar planning LNG production boost amid Gulf row
- July 04, 2017

Qatar's neighbours insist that it cool ties with Iran, which shares the huge offshore gas field. The energy-rich Gulf nation of Qatar, facing further isolation from its neighbors amid an ongoing diplomatic rift, said Tuesday it plans to boost production of liquefied natural gas by 30 percent over the coming years. (more...)
Tencent to Limit Playing Time of its Most Popular Game Tencent to Limit Playing Time of its Most Popular Game
- July 04, 2017

It hopes that by diminishing time played in their game, concerns about so-called "game addiction" can be allayed. From tomorrow, children younger than 12 will only be allowed to play the game for a maximum of one hour a day, and after 9pm, they will be banned from logging into it, said Tencent . (more...)
AirAsia flight in mid-air emergency AirAsia flight in mid-air emergency
- July 04, 2017

Passengers aboard flight D7207 reported to have heard "four or five loud bangs" on the right side of the aircraft, reports Xinhua news agency. The flight was en route to Kuala Lumpur but the pilot made the call to make an emergency landing shortly after takeoff. (more...)
Tech stocks go haywire in $123.47 Nasdaq glitch Tech stocks go haywire in $123.47 Nasdaq glitch
- July 04, 2017

It said: "Nasdaq is investigating the improper use of test data distributed by the UTP [unlisted trading privileges] and consumed by third parties". At one point, shares in auction site eBay were up 254 percent and video game developer Zynga rocketed more than 3,000 per cent. (more...)
RBA keeps interest rates unchanged RBA keeps interest rates unchanged
- July 04, 2017

While there has been good news, with the unemployment rate falling to 5.5 per cent since the board last met in June, central bank governor Philip Lowe will want to avoid unnecessarily boosting the Australian dollar with any suggestion the central bank is about to lift the official cash rate. (more...)
Tony Hadley announces he has LEFT Spandau Ballet in cryptic statement Tony Hadley announces he has LEFT Spandau Ballet in cryptic statement
- July 04, 2017

His former bandmates, brothers Martin and Gary Kemp, Steve Norman and John Keeble, said his decision had left them with a feeling of "frustration". "Much to the frustration of the band, Tony had made it clear in September 2016 that he didn't want to work with the band anymore", it read. (more...)
Warning after dog attacks on postmen Warning after dog attacks on postmen
- July 04, 2017

That was a rise of 20 per cent on the previous year, whereas throughout the United Kingdom the number of attacks dropped by seven per cent. On average, seven attacks take place each day across the United Kingdom, with some leading to permanent and disabling injury. (more...)
Thailand postpones enforcing new labour law Thailand postpones enforcing new labour law
- July 04, 2017

Tens of thousands of workers have fled Thailand, a lot of them for homes in neighbouring Myanmar, immigration officials said yesterday, after new labour regulations adopted by the military government sparked fear and panic among the migrant community. (more...)
The Liberum Capital Reiterates The Liberum Capital Reiterates "Hold" Rating for Berkeley Group Holdings PLC (BKG)
- July 04, 2017

The legal version of this report can be read at https://www.thestockobserver.com/2017/07/03/glaxosmithkline-plc-gsk-insider-victoria-whyte-sells-4820-shares-of-stock-updated.html. Therefore 73% are positive. Berkeley Group Holdings PLC has a 52 week low of GBX 2,015.00 and a 52 week high of GBX 3,421.00. The stock was purchased at an average price of GBX 165 ($2.14) per share, with a total value of £511,500 ($662,564.77). (more...)
PV Narasimha Rao took lead in ties with Israel PV Narasimha Rao took lead in ties with Israel
- July 04, 2017

Milee Ashwarya, editor-in-chief for the commercial and business divisions at PRH India and the publisher of the book, said, "In a rare and unique initiative, Prime Minister Narendra Modi has chose to directly address the state of the students through this book". (more...)
Barclays, former execs to return to court July 17 Barclays, former execs to return to court July 17
- July 04, 2017

It is the first time a boss of a global bank has faced charges arising from the 2008 financial crisis. Ex-CEO John Varley , the other defendants, and a bank representative appeared at Westminster Magistrates' Court on Monday. Varley and Boath were released on unconditional bail. The bank paid $450 million in penalties over allegations it helped manipulate Libor , and its American chief executive, Robert E. (more...)
Earnings Clues on Intel Corporation (INTC), Comcast Corporation (CMCSA) Analyst's Predictions Earnings Clues on Intel Corporation (INTC), Comcast Corporation (CMCSA) Analyst's Predictions
- July 03, 2017

About 8,284 shares traded. Intel Corporation had 139 analyst reports since August 7, 2015 according to SRatingsIntel. It has outperformed by 13.19% the S&P500. Its down 0.06, from 0.99 in 2016Q3. Want to see what other hedge funds are holding INTC? 111 funds opened positions while 603 raised stakes. Proshare Advsrs Ltd Liability Corporation holds 0.8% or 1.98M shares in its portfolio. (more...)
Senior Housing Properties Trust (NYSE:SNH) Quarterly EPS Review
- July 03, 2017

Government Properties Income Trust ( GOV ) shares saw a recent bid of $18.31 and 4.07M shares have exchanged hands in the recent trading session, yielding a -18.69% decline over the past week. WARNING: This piece was first reported by [[site]] and is owned by of [[site]]. If you are accessing this report on another website, it was copied illegally and republished in violation of USA and worldwide copyright and trademark law. (more...)
EPS Estimates Revision Screen: Ford Motor Company (NYSE:F) EPS Estimates Revision Screen: Ford Motor Company (NYSE:F)
- July 03, 2017

Hourglass Capital Llc decreased General Mtrs Co (GM) stake by 8.09% reported in 2016Q4 SEC filing. SRS Capital Advisors Inc. now owns 5,160 shares of the auto manufacturer's stock valued at $182,000 after buying an additional 3,262 shares during the last quarter. (more...)
Revenue Secretary Hasmukh Adhia's Twitter Post On GST Revenue Secretary Hasmukh Adhia's Twitter Post On GST
- July 03, 2017

Please do not recirculate such message without checking it with authority". Both the government and banks categorically denied rumours that the payments by credit cards or any other electronic payment would lead to double taxation under Goods and Services Tax GST Act. (more...)
Startups, Dave McClure Steps Back for Making Advances to Women Startups, Dave McClure Steps Back for Making Advances to Women
- July 03, 2017

California-based early-stage seed fund 500 Startups is under a scanner. The events have brought new focus to what many in the industry say is a long-standing culture of entrenched sexual harassment and discrimination that has made it hard for women and racial minorities to raise funds and assume leadership positions. (more...)
WhatsApp Adds Night Mode Feature to In-App Camera in iPhones WhatsApp Adds Night Mode Feature to In-App Camera in iPhones
- July 03, 2017

However, users had to remember that the various triggers in order to apply these font styles, which not many users aren't aware of. WhatsApp , which is the world's leading messaging app with over 1 billion users of which over 200 million are in India alone, has been steadily adding nifty features to the app to make it more useful. (more...)
Russian anti-virus CEO offers up code for USA govt scrutiny Russian anti-virus CEO offers up code for USA govt scrutiny
- July 03, 2017

It was also widely reported ealier this week that US-based Kaspersky employees received an unannounced evening visit by Federal Bureau of Investigation officials. The source code is generally regarded as the most valuable possession of a software firm. In June, US senators sought to bar the Pentagon from using Kaspersky Lab software, according to a draft defense policy bill. (more...)