Stories about Finance

Aug 21 2017

Banks to go on strike on Tuesday, services may be affected

It is in support of the demand for stringent measures for recovery of bad loans, withdrawal of proposed FRDI (Financial Resolution and Deposit Insurance) Bill, abolition ...

Aug 21 2017

Solar Eclipse Will Cost Almost $700M in Productivity

The total solar eclipse of 2017 could cost USA companies almost $700 million in lost productivity on Monday (Aug. 21) when workers pause to watch the moon block the sun...

Aug 21 2017

Investment Research Analysts Opinion: Herbalife Ltd. (HLF), Caesars Acquisition Company (CACQ)

Among 7 analysts covering Herbalife (NYSE: HLF ), 3 have Buy rating, 0 Sell and 4 Hold. Herbalife also announced it was commencing a tender offer for up to $600 mil...

Aug 21 2017

LP Invests $7.17 Million in Bank of America Corporation (BAC)

About 35.32 million shares traded. It has outperformed by 41.94% the S&P500. Miller Investment Mgmt LP has 0.34% invested in Bank of America Corp (NYSE:BAC) for 47,415 sh...

Aug 21 2017

Earnings Analysis Of Foot Locker, Inc. (FL)

Foot Locker shares closed lower for a second consecutive trading session on Friday. Bank of America Corporation lowered Foot Locker from a "neutral" rating to an "underpe...

Aug 21 2017

Hyundai previews next-gen FCEV, electric Kona confirmed

Previously, Hyundai supported fuel cell technology and believed it was the future of eco-friendly vehicles. "Before that, Hyundai has no choice but to rely on battery c...

Aug 21 2017

United Kingdom firms unprepared for cyberattacks

The increased awareness for good cyber security is likely a result of a number of recent high-profile cyber incidents, including this year's WannaCry and NotPetya attacks...

Aug 21 2017

Sensex, Nifty open higher before shedding gains, Infosys stocks down by 2.7%

The Sensex touched a high of 31,641.81 points and a low of 31,385.32 points in the trade so far. The 30-share index, which had lost 270.78 points in the previous sessio...

Aug 21 2017

Wal-Mart starts grocery delivery in Central Florida

The retail giant now has 22 stores that offer delivery across Tampa, Orlando, Dallas and Phoenix. Consumers in Dallas and Orlando will have the ability to order groceri...

Aug 21 2017

Infosys co-founder has 'much to answer for' about CEO's exit

The company issued the statement via email hours after Vishal Sikka , managing director and CEO of Infosys , resigned during a board of directors meeting. "There are to...

Aug 21 2017

Pacquiao vs. Horn Rematch Negotiations Heat Up in Australia

Arum said that the parties in Australia were eyeing a November date in the same Suncorp Stadium in Brisbane where Horn beat Pacquiao in controversial circumstances last m...

Aug 21 2017

'Secret Superstar' has more than one secret superstar: Aamir Khan

So we wanted to release on day which is emotionally important, collection is not important" said Aamir Khan on the sidelines of Secret Superstar song launch. Secret S...

Aug 21 2017

Sempra to Gain Control of Largest Texas Utility in $9.45 Billion Deal

Elliott Management, a key creditor of Energy Future , opposed an earlier offer from Berkshire Hathaway. Under the terms of the deal, Sempra would pay $9.45 billion in ...

Aug 21 2017

Rathbone Brothers plc (RAT) Rating Reiterated by Numis Securities Ltd

It closed at $9.67 lastly. This was revealed to clients and investors in an analyst report on 21 August. It has underperformed by 61.23% the S&P500. They have a target pr...

Aug 21 2017

China's Great Wall interested in acquiring Fiat Chrysler: Great Wall official

Bank of Montreal Can raised its position in Fiat Chrysler Automobiles N.V.by 3.8% in the second quarter. Acquiring Jeep would put Great Wall on a similar path as Zheji...

Aug 21 2017

Rathbones in 'exclusive' merger talks with Smith & Williamson

M&A activity has recently stepped up in the asset management sector, including the mega-merger of Standard Life Aberdeen PLC (LON:SLA) which completed last week. Sky Ne...

Aug 21 2017

AIADMK merger: Party will be 'one again' and 'without Sasikala', says Panneerselvam

The OPS faction has cited three demands - Panneerselvam must have signatory and veto powers in the party, a committee headed by OPS to guide the party and the EPS camp ...

Aug 21 2017

Mark Zuckerburg Is Taking Two Months of Paternity Leave

He announced his leave through a Facebook post on Friday. Facebook offers its U.S. employees up to four months of paid parental leave which they can take throughout ...

Aug 21 2017

Resurgent iron ore price lifts Fortescue

It declared a A$0.25 per share final dividend, taking its annual dividend to A$0.45 per share, a 52 per cent pay-out of net profit after tax, well above the company's pre...

Aug 21 2017

Korean president says NK nukes, missiles a serious, real threat

Moon's comment came at a delicate time when Japan , South Korea, the United States and other nations are trying to present a united front against North Korea , which is...