Markets

FM to chair GST Council meet in Srinagar on Friday

FM to chair GST Council meet in Srinagar on Friday

The GST council has recently fixed a tax rate of 18% on mobile and financial services, while exempting education and healthcare from GST levy. The decision was taken at today's GST Council meeting, ...

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Steven Mnuchin at G7: 'We don't want to be protectionist'

Steven Mnuchin at G7: 'We don't want to be protectionist'

Earlier, he told reporters that "the relationship with Mnuchin improves every time we see each other". The view was endorsed by Mnuchin, according to the Japanese minister. Canadian Finance Minister...

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Spirit Realty Capital, Inc. (SRC) has a 52-week low of $6.64

According to 11 analysts, Spirit Realty Capital, Inc (New) (NYSE: SRC)'s revenue estimates for the current quarter are $161.19M meanwhile the company has high revenue estimates of $167.71M in contrad...

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Trump willing to engage North Korea: Seoul

Trump willing to engage North Korea: Seoul

He said it remains unknown whether Pyongyang actually has a working nuclear warhead, "not just some nuclear device that goes boom in a tunnel, under laboratory conditions". South Korean President Moon...

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Deere shares jump 7% after earnings beat

Deere shares jump 7% after earnings beat

The company doubled its profit forecast for the year and investors took note, sending the stock to a record high. Analysts had forecast earnings of $1.68 with $7.32 billion of equipment sales. Analyst...

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Oil rises as OPEC cuts outweigh United States drilling boom

Oil rises as OPEC cuts outweigh United States drilling boom

The EIA raised its US oil production forecast to an average of 9.3 million barrels per a day (bpd) in 2017 and 10 million bpd in 2018 while it lowered its projection for average oil prices in 2017 t...

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Saudis, Russia Favor Extending Oil Cuts Until End March 2018

West Texas Intermediate (WTI) was dealing oil at 3.2 percent rise at $49.40 global Brent at $52.47 per barrel achieving the same percentage rise. "The two ministers agreed to do whatever it takes to ...

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Fiat Chrysler seeks diesel emission certification from EPA

Fiat Chrysler seeks diesel emission certification from EPA

M - Amid investigations into alleged emissions violations from its 3.0-liter diesel V-6, Fiat Chrysler Automobiles said it's asked regulators to greenlight the sale of the engine in certain model-year...

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US fails to reassure Europe, Japan over 'Trumponomics'

US fails to reassure Europe, Japan over 'Trumponomics'

Steven Mnuchin's third encounter with the worldwide community, at a meeting of finance chiefs in Italy, deepened ties even as his government's "America First" policy continues to challenge the global...

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NAFTA an opportunity to improve trade deal for Ontario: Wynne

The administration has made reducing the trade deficit a priority, and Lighthizer suggested Thursday the US will seek to lure back firms that have moved production to Mexico. The Mexican official said...

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How Salesforce Won on Earnings

The company has a market capitalization of $61.79 billion, a price-to-earnings ratio of 335.92 and a beta of 1.42. (NYSE:CRM). Financial Architects has 4,000 shares for 0.06% of their portfolio. (NYSE...

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Analysts Showing Optimistic Trends For The Coca-Cola Company (KO)

Analysts Showing Optimistic Trends For The Coca-Cola Company (KO)

Currently, the market capitalization of The Coca-Cola Company (KO ) is 187.14 Billion. Finally, Guardian Life Insurance Co. of America boosted its stake in shares of The Coca-Cola by 0.4% in the fi...

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Snap's revenue from Spectacles and other categories almost doubled in a quarter

The company, founded in 2011, lost more than $500 million past year on revenue of about $400 million, it disclosed in regulatory filings . In North America, Snap said it added 3 million daily use...

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Ross Stores Inc (NASDAQ:ROST) Technical and Valuation Says it All

Ross Stores Inc (NASDAQ:ROST) Technical and Valuation Says it All

Wedbush has "Outperform" rating and $71 target. The Stock has Weekly volatility of 2.46% and monthly volatility of 1.70%. The retailer operates 1,363 Ross stores and 198 dd's Discount locations....

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Crude Oil Jumps 5% This Week, Settles Above USD50

West Texas Intermediate for June delivery rose 88 U.S. cents, or 1.5%, to $50.23 a barrel at 9.59am on the New York Mercantile Exchange. The U.S. Energy Information Administration said inventories...

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Ford likely to cut its Asian and N American workforce by 10%

Ford is planning to cut around 10% of its jobs worldwide in a bid to increase profits and boost its stock price, which is close to a five-year low, CNBC reports that the job cuts will involve main...

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Juniper Networks, Inc. (JNPR)

Alyeska Investment Group L.P. acquired a new position in Juniper Networks during the fourth quarter valued at about $46,947,000. Also, the number of active investment managers holding Juniper Network...

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OPEC and oil prices: Looking ahead to the May meeting

JPMorgan is forecasting USA shale to grow by 1.05 million barrels a day next year, while Bank of America Merrill Lynch has a figure of 950,000 barrels a day. According to the report , commercial inve...

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UK consumer inflation rises to 3 ½-year high of 2.7 percent

UK consumer inflation rises to 3 ½-year high of 2.7 percent

The ONS said workers' total earnings including bonuses rose by an annual 2.4% in the first quarter of 2017, edging up from growth of 2.3% in the three months to February and in line with the forecast ...

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Alibaba quarterly profits almost double to $1.55 bn

Alibaba quarterly profits almost double to $1.55 bn

It reported adjusted earnings of 63 cents a share, missing the consensus of 66 cents (4.53 yuan). China's top e-commerce firm also announced a two-year share repurchase program of up to $6 billion. ...

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Trump seeks new Federal Bureau of Investigation nominee

Trump seeks new Federal Bureau of Investigation nominee

Comey was sacked over his handling of the federal investigation involving Mr. Trump's former rival, 2016 Democratic presidential nominee Hillary Clinton, and her use of a private email server while ...

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Another Cyberattack Spreading And It's Worse Than WannaCry

Another Cyberattack Spreading And It's Worse Than WannaCry

But Adylkuzz isn't interested in sharing an affected computer that's capable of communicating over Microsoft's Microsoft Server Message Block (SMB). Many organisations infiltrated by this campaign a...

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DeVos Budget Brings Class War to the Classroom

DeVos Budget Brings Class War to the Classroom

Cuts would affect college work-study programs, public-service loan forgiveness, funding for mental health programs, and advanced coursework, with the elimination of at least 22 programs. Title I funds...

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Gap Q1 earnings rise to 0.36 dollar, reaffirms FY17 outlook

Gap Q1 earnings rise to 0.36 dollar, reaffirms FY17 outlook

Sei Investments holds 0.03% of its portfolio in Gap Inc (NYSE:GPS) for 243,261 shares. Covering analysts issue reports which often provide stock target prices. Taking a broader look brokerage firms' a...

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Free Dunkin' Donuts frozen coffee on Friday

Free Dunkin' Donuts frozen coffee on Friday

During the event, Dunkin' Donuts will surprise select customers at counters throughout the country with $1,000 cash and a summer's supply of Frozen Dunkin' Coffee. Dunkin' Donuts is celebrating its f...

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3 dead, 19 rescued, more still feared trapped in Lagos building collapse

3 dead, 19 rescued, more still feared trapped in Lagos building collapse

General Manager, Lagos State Emergency Management Agency, LASEMA , Adesina Tiamiyu confirmed that three dead bodies had so far been evacuated from the building. Spokesperson, National Emergency Mana...

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Campbell Soup's profit drops 4.8 pct (CPB)

Campbell Soup's profit drops 4.8 pct (CPB)

The average EPS estimate of 6 Wall Street analysts is $0.64 per share, compared to the company's reported EPS of $0.65 per share in the year-ago quarter. If you are accessing this article on another d...

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Europe breathes sigh of relief after Macron victory in France

Europe breathes sigh of relief after Macron victory in France

French President-elect Emmanuel Macron holds hands with his wife, Brigitte, during a victory celebration outside the Louvre museum in Paris , Sunday, May 7, 2017. "I want to live in a democracy", he ...

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Foot Locker tanks 16% on weak earnings as sneaker sales lag

Foot Locker tanks 16% on weak earnings as sneaker sales lag

Piper Jaffray Companies set a $76.00 price objective on Foot Locker and gave the stock a "hold" rating in a report on Friday, February 24th. Canaccord Genuity reissued a "buy" rating and issued a $83....

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Mortgage rates retreat amid political turmoil in Washington

Quote Attributed to Sean Becketti, chief economist, Freddie Mac . A year ago, the rate was 3.58 percent. Meanwhile, Freddie Mac's Primary Mortgage Market Survey showed similar decreases in ave...

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Governor Walker declares State of Emergency following severe weather

Governor Walker declares State of Emergency following severe weather

Flying over the area on Wednesday morning, Bellendir said he saw swirl marks from the tornado in the mud. Fire Chaplain Danny Ringer told reporters at the scene late Tuesday that one person was known ...

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Oil prices climb on hopes output cuts will be extended

Since the start of March, the Brent price has swung from more than $56 a barrel to less than $47 as opinion has swayed over whether cuts by oil cartel Opec and other producers would offset risin...

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Trump Travels Abroad With Unwanted Baggage of Troubles at Home

In a break with tradition, the President will head to Saudi Arabia, Israel, the Vatican and then Belgium and Italy for North Atlantic Treaty Organisation and G7 meetings on his first trip overseas. Gr...

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SC reserves verdict on triple talaq

SC reserves verdict on triple talaq

Contesting AIMPLB's claim to be a representative voice of the Muslim community, senior counsel Anand Grover said that Talaq-i-bidat was not an essential part of the Sunni Muslim faith, thus it has bee...

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French president talks to Putin, faces media uproar

Mrs. Merkel pointed out the EU depended on France being strong, and that she and Mr. Macron had a "joint conviction that we are not only going to deal with the British exit from the European Union, ...

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