Finance


Idea Cellular Reports Net Loss of Rs 1107 Crore in Q2 Idea Cellular Reports Net Loss of Rs 1107 Crore in Q2
- November 14, 2017

Shares of Idea Cellular today fell almost 4 per cent after the company posted a loss of Rs 1,106.80 crore for the second quarter this fiscal. During this low demand period, the sequential quarterly voice minutes grew by 1.7% to 255 billion minutes and mobile data volume (2G+3G+4G) witnessed strong sequential growth of 73.5%. (more...)
NVIDIA Corporation (NVDA) Gets a Price Target Boost from Christopher Rolland NVIDIA Corporation (NVDA) Gets a Price Target Boost from Christopher Rolland
- November 12, 2017

NVIDIA Corporation (NASDAQ: NVDA ) last issued its quarterly earnings data on Thursday, November 9th. The company now has an insider ownership of 0.5 Percent and Institutional ownership of 67.9 Percent. The Kentucky-based Kentucky Retirement System Insur Trust Fund has invested 0.42% in NVIDIA Corporation (NASDAQ: NVDA ). Cryptocurrencies have been a boon for Nvidia's graphics processing units, which are prominent in gaming and machine learning. (more...)
What Are Analysts Report About JC Penney Company, Inc. (JCP) What Are Analysts Report About JC Penney Company, Inc. (JCP)
- November 12, 2017

Following the transaction, the chairman now owns 2,852,280 shares of the company's stock, valued at $9,925,934.40. Citigroup "Maintained" J.C. Penney Company Inc (NYSE: JCP ) in a research note issued to investors on 10/31/17 to Sell with price target of $3. (more...)
United Kingdom growth will lag behind eurozone, says European Commission forecast United Kingdom growth will lag behind eurozone, says European Commission forecast
- November 10, 2017

The eurozone is seen expanding to 2.1% in 2018-still up from a previous expectation of 1.8%-with the growth rate dipping to 1.9% in 2019, when Britain will leave the EU. "The European economy has performed significantly better than expected this year, propelled by resilient private consumption, stronger growth around the world, and falling unemployment", the Commission said in a statement. (more...)
Here's When You Can Score Walmart's Black Friday Deals Online Here's When You Can Score Walmart's Black Friday Deals Online
- November 10, 2017

Traditionally, Black Friday shopping has been relegated until the Friday after Thanksgiving, but in recent years the savings have encroached on the whole of Thanksgiving weekend, across "Cyber Monday" sales and even in-store promotions starting on Turkey Day itself (before you've had time to digest your pie!). (more...)
Disney Held Talks to Buy 21st Century Fox's Entertainment Assets Disney Held Talks to Buy 21st Century Fox's Entertainment Assets
- November 08, 2017

Facebook, Alphabet's Google, Netflix and Amazon have dramatically changed the landscape within the media industry, causing big changes in how people consume media and becoming dominant in digital distribution. The CMA is looking at whether the deal would give Fox, which is controlled by Rupert Murdoch and his sons James and Lachlan, too much market power and hurt media plurality in Britain, as well as whether the company would have a "genuine commitment to broadcasting standards". (more...)
Strangers ticketed for having sex on Delta flight
- November 07, 2017

They did confirm that both the man and the woman were booked on connecting flights out of Detroit to Miami and Nashville respectively. Other travelers condemned the couple's very public display of intimate behavior, calling it "inappropriate" and "disrespectful" towards the rest of the passengers and flight crew. (more...)
Starbucks Revenue Misses, Selling Tazo Tea
- November 04, 2017

Unilever is paying $384m for the Tazo brand, which is sold primarily in grocery and convenience stores. The acquisition by Unilever is the latest in a string of deals by the Anglo-Dutch consumer giant to add smaller and healthier brands to its portfolio, particularly those in the fast-growing speciality tea market. (more...)
Trump responds to his Twitter account getting temporarily deleted Trump responds to his Twitter account getting temporarily deleted
- November 04, 2017

On the last day of work, a Twitter employee deactivated Donald Trump's personal account. "If a random customer support employee at Twitter can delete the President's account, could they also tweet as him?" they continued. Roger Stone, a longtime associate of Trump, was suspended by Twitter on Saturday after lashing out at CNN anchor Don Lemon. "This is real collusion and dishonesty", he said in a second tweet. (more...)
Israeli 'Greater Jerusalem' bill paused after USA pressure Israeli 'Greater Jerusalem' bill paused after USA pressure
- October 31, 2017

He said it will take time to clarify the bill to the U.S. "I think it's fair to say that the United States is discouraging actions that it believes will unduly distract the principals from focusing on the advancement of peace negotiations", a USA official said on condition of anonymity. (more...)
Winx makes history with third Cox Plate victory in Australia Winx makes history with third Cox Plate victory in Australia
- October 30, 2017

Trainer Chris Waller had labelled the race as Winx's "Grand Final" and she delivered in front of a sold-out Moonee Valley crowd that hung on her every stride. "Fortunately we got the upper hand and yeah, well done to the connections of all runners". "She's in fantastic form", he said. I've been one of the many people up in the stand admiring this race and admiring the history of this race and Australian sport, so it's very humbling to be on the other side looking at everybody. (more...)
Airlines get ready for new U.S. security rules from Thursday Airlines get ready for new U.S. security rules from Thursday
- October 29, 2017

Some say they will conduct screening interviews at check-in counters; provide questionnaires for all US-bound passengers and conduct detailed inspection of personal electronic devices. Many global airlines had concerns about the new regulations. Virgin Atlantic has said the new rules won't disrupt customers. The airline said passengers would also have short security interviews and it has advised travelers to arrive three hours before departure. (more...)
Top 5 quotes from PM Narendra Modi's interaction with journalists Top 5 quotes from PM Narendra Modi's interaction with journalists
- October 29, 2017

Stressing the inter-dependent relationship between politicians and the media, he said that "there have been expectations on both sides as also complaints". "There was a different atmosphere of happiness, we talked a lot, but today it is hard It is done". "But it has become hard now", he said. The Prime Minister's comments come at a time when U.P. (more...)
Sensex ends at new peak, posts best wkly gain since Jan 27 Sensex ends at new peak, posts best wkly gain since Jan 27
- October 28, 2017

The Nifty rose 176.50 points, or 1.74 per cent, during the week - the most since October 13. Japan's Nikkei gained 0.6 percent while South Korea's Kospi rose 0.2 percent and Australian shares rose 0.2 percent. Globally, Asian stocks finished broadly higher, with a weakening yen, higher oil prices, optimism over USA tax reform plans, solid industrial profits data from China and encouraging results from US tech companies boosting investor sentiment. (more...)
UK GDP shows higher-than-predicted growth in Q3 UK GDP shows higher-than-predicted growth in Q3
- October 26, 2017

Analysts said the slight pick-up in growth has increased chances of a rate hike at the next meeting of the Bank of England's monetary policy committee. The production-side breakdown of GDP showed that services remained the largest contributor to GDP growth, with the 0.4 percent quarterly expansion. (more...)
Older vehicles to be charged more for polluting Older vehicles to be charged more for polluting
- October 25, 2017

The charge applies to petrol and diesel vehicles with engines that fail to conform to Euro 4 emission standards, The Guardian says. "As Mayor, I am determined to take urgent action to help clean up London's lethal air", he said. "By boasting about a policy that so disproportionately penalises London's poorest drivers and puts jobs at risk, the mayor is simply blowing more smoke into the capital's already-polluted atmosphere". (more...)
Eighth Child Reported Dead From IKEA Dresser Malfunction Eighth Child Reported Dead From IKEA Dresser Malfunction
- October 23, 2017

The recall affects children's chests and dressers taller than 23.5 inches and adult chests and dressers taller than 29.5 inches that do not meet the performance requirements of the US voluntary industry standard. Ikea settled with the families for £38 million ($50m) in December past year. The settlement money is said to have been divided among the three families. (more...)
Alphabet Shows Support for Lyft with $1 Billion Investment Round
- October 23, 2017

As part of the arrangements done to facilitate the $1 billion financing on Lyft , David Lawee, a partner in CapitalG , is also joining the ride-hailer's board of directors. CapitalG is a separate entity from GV, Alphabet's venture capital arm, which invested in Uber in 2013. This once-promising partnership went sour once Uber began dabbling in self-driving auto tech, essentially intruding on the territory of Waymo. (more...)
Selena is getting a star on the Hollywood Walk of Fame Selena is getting a star on the Hollywood Walk of Fame
- October 22, 2017

The unveiling will take place on November 3 and her sister Suzette Quintanilla Arriaga will join Hollywood Chamber of Commerce President and CEO Leron Gubler for the ceremony, Fox 11 Los Angeles reported. During the 1987 Tejano Music Awards , Selena snagged both the "Best Female Vocalist of the Year" and "Performer of the Year" awards. "Without a doubt Selena's star will be experienced by millions of her loyal fans for years to come!" "Her music stands the test of time". (more...)
Volkswagen Is Building an Electric Race Car for Pikes Peak Volkswagen Is Building an Electric Race Car for Pikes Peak
- October 21, 2017

The automaker hopes it will break the record for electric racers on the course, which was set at eight minutes 57.118 seconds in 2016. Volkswagen announced that they are throwing an all-new electric race vehicle into the ring, er, on the racetrack. (more...)