Stories about Finance

Nov 10 2017

Dena Bank Q2 net loss widens to Rs 185 crore

The state-owned lender reported a net profit of Rs 1,581.5 crore in the second quarter against Rs 2,538.3 crore in the corresponding quarter previous year. However, the p...

Nov 10 2017

United States corn production up, soybean down from October

All other 2017-18 all wheat forecasts were unchanged, as were 2016-17 estimates with 2017 carryover at 1,181 million bus. US soybean tumbled on Thursday after USDA pr...

Nov 10 2017

$1 Billion To Chinese Media Giant Bytedance

In 2016, Musical.ly rolled out a live-streaming app called Live.ly, and it has struck content deals with Viacom, NBCUniversal and Hearst, among others. Bytedance beat out...

Nov 10 2017

USA resumes 'limited' visa services to Turkish citizens

The United States has partially resumed issuing visas in Turkey after receiving what it said were " assurances " about the safety of its staff at its diplomatic missions,...

Nov 10 2017

Uber dealt another blow over drivers' rights in UK

The U.S. ride-hailing service has faced regulatory and legal setbacks around the world amid opposition from traditional taxi services and concern among some regulators. I...

Nov 10 2017

BBC stars highlight equal pay day

Hundreds of thousands of women, including some MPs and BBC presenters, are calling for an end to the pay gap, which is 18.4% on average in the UK. As a self-employed ...

Nov 10 2017

The Value of JC Penney Company, Inc. (NYSE:JCP) Underpriced by 32.5%?

After a recent check, it is observed that the insiders for the firm now own 1.90% shares. That compares with a loss of $67 million, or 22 cents per share in the year-ago ...

Nov 10 2017

China announces long-awaited steps to open up financial services sector

China is to allow foreign companies to hold majority stakes in joint ventures for the first time, while removing entirely caps on shareholdings for banks, asset managers ...

Nov 10 2017

India's factory output slows to 3.8% in September

The figures reportedly suggest that manufacturing may help to counteract a consumer-led slowdown in the economy . Total industrial production was also boosted by higher ...

Nov 10 2017

Sean Parker says Facebook exploits a vulnerability in human psychology

During a talk in Philadelphia this week, Parker warned consumers that the social network , like other social media sites, was created to exploit people's psychological...

Nov 10 2017

North Atlantic Treaty Organisation to Send an Additional 3000 Troops to Afghanistan

Germany, one of the main European troop contributors, said at this point it was not increasing its contribution for next year. "This is vital for our transatlantic alli...

Nov 10 2017

BTS to Perform on 'The Ellen DeGeneres Show' & 'Jimmy Kimmel Live'!

K-pop juggernaut band BTS continues its rise to fame in the U.S., with the latest in its string of high-profile TV show appearances . Although the broadcast date f...

Nov 10 2017

Topshop Makes Its Changing Rooms Gender Neutral But Not Everyone's Happy

Topshop later contacted the customer and reiterated their policy that all changing rooms were available for everyone. Travis Alabanza , who identifies as trans femini...

Nov 10 2017

Is Saudi Arabia Lying about Its Oil Inventories?

Meanwhile, gasoline stockpiles declined to the lowest level since November 2014 and distillate stocks were at the lowest since March 2015. Data from the Energy Informat...

Nov 10 2017

Walt Disney Earnings, Revenues Miss Street; Shares Down 3%

Meanwhile, tech-heavy Nasdaq Composite Index underperformed the broader markets and slipped over 65-points to 6,723. Among 8 analysts covering MFA Mortgage ( NYSE:MFA )...

Nov 09 2017

Traynor Capital Management Inc. Has $1.92 Million Stake in NVIDIA Corporation (NVDA)

The stock now has an average rating of " Hold " and an average target price of $166.93. Finally, Goldman Sachs Group Inc. upped their price target on Nvidia Corp .to $70...

Nov 09 2017

Opel reveals new strategy under PSA Group guidance

It is targeting a recurring operating margin of two per cent by 2020, increasing to six per cent by 2024. Vauxhall is launching an electric version of its Corsa hat...

Nov 09 2017

VW, Google Pair Up to Use Quantum Computers

The idea is that quantum computers are some of the most powerful yet efficient machines imagined by humans, by giving them a more advanced language to work with instead o...

Nov 09 2017

TripAdvisor marks hotels where sexual assaults have been reported with red badges

When an issue relating to a business, like a hotel, is reported by "credible media sources" or the TripAdvisor traveller community, around health and safety or allegati...

Nov 09 2017

MGM Resorts International (NASDAQ:MGM) Expected To Report Earnings On Wednesday

Several research firms have weighed in on MGM . Nomura cut their price objective on shares of MGM Resorts International from $38.00 to $37.00 and set a "buy" rating fo...