Business

Mobile to acquire Sprint Corp in $26 billion deal

Mobile to acquire Sprint Corp in $26 billion deal The U.S. subsidiary of Deutsche Telekom has a very aggressive business model, with promotions that seek to attract attention of Verizon and AT T customers. Verizon declined to comment on prices but said it remained committed to building a 5G network. Well, T-Mobile parent company Deutsche Telekom and Sprint parent SoftBank reached an agreement that valued Sprint at $26.5 billion for o... [Full Article...]

Shell earnings in Q1 2018 rise 42% on soaring oil, gas prices

Shell earnings in Q1 2018 rise 42% on soaring oil, gas prices The resurgent price of oil helped Shell post a massive rise in profits in its first quarter but investors continued to fret about the company's cash flow and its refusal to commit to a detailed timetable for share buybacks. Price targets show what analysts believes a stock will be worth at the end of a certain time period. 83% are bullish. 14 are the (NYSE:RDS.A)'s analyst reports since November 3... [Full Article...]

Modi govt's style of functioning poses threat to democracy, says Manmohan Singh

Modi govt's style of functioning poses threat to democracy, says Manmohan Singh If the Congress wants to see "Jan Akrosh" (people's anger), they should see the results of election after election, where it has been comprehensively defeated across the length and breadth of India, he said. "It is a sensitive phase we need to take seriously...we will fight this on behalf of the people", she told the gathering. "Youth were promised two crore jobs". [Full Article...]

Clean Yield Group Sells 6549 Shares of General Electric (NYSE:GE)

Clean Yield Group Sells 6549 Shares of General Electric (NYSE:GE) It has underperformed by 65.90% the S&P500. Smith Salley & Associates decreased its stake in General Electric Co (GE) by 88.48% based on its latest 2017Q4 regulatory filing with the SEC. General Electric Company registered $43,446 net activity with 1 insider buy and 0 insider sales since January 30, 2018. Therefore 17% are positive. [Full Article...]

Diana Hayden doesn't represent Indian beauty, only Aishwarya Rai does: Tripura CM

Diana Hayden doesn't represent Indian beauty, only Aishwarya Rai does: Tripura CM Deb said that he did not intend to hurt anybody's sentiments. Deb also went on to challenge the West Bengal chief minister, Mamata Banerjee, saying that in three years the growth of Tripura would be higher than that of West Bengal. "We see women as goddess Laxmi, Saraswati". This is an old and retrogressive thought process, like that of a fundamentalist. "Didi is Didi. She said the BJP has d... [Full Article...]

U.S. stocks end mostly lower

U.S. stocks end mostly lower S&P 500 futures have risen 0.3%, while Dow Jones Industrial Average futures have advanced 51 points, or 0.2%. The S&P 500 dropped 35.73 points, or 1.3 percent, to 2634.56. Since the global financial crisis in 2008-09, a combination of low inflation expectations and a bond-buying program by the Federal Reserve have helped keep bond yields low, but they have climbed this year as inflation exp... [Full Article...]

Wynn Resorts announces US$100 million Wynn Macau upgrade

Wynn Resorts announces US$100 million Wynn Macau upgrade Returns and Valuations for Plug Power Inc. Union Pacific Corporation (UNP ) negotiated the trading capacity of 8230730 shares and observing the average volume of last three months the stock traded 4916.71K shares. Atwood & Palmer Inc bought 8,137 shares as the company's stock declined 7.91% with the market. At the moment, the 14-days ATR for Wynn Resorts, Limited (NASDAQ: WYNN ) is noted at 5.64... [Full Article...]

ECB Chief Optimistic On Eurozone Growth Despite Softer Economy

ECB Chief Optimistic On Eurozone Growth Despite Softer Economy Draghi told his press conference that the ECB was "cautious, tempered by unchanged optimism", that the strength of the eurozone economy will allow the bank to reach its inflation target. While the trade tensions have so far mostly been limited to "rhetoric", the European Central Bank chief warned "obviously" [they] can't know what are going to be the direct effects of potential retaliation if ... [Full Article...]

Deripaska to cut EN+ stake to below 50%, leave company board

Deripaska to cut EN+ stake to below 50%, leave company board The Russian newspaper "Kommersant" writes that the billionaire Oleg Deripaska may give up control of "RUSAL" because of USA sanctions. Russian-based Rusal will be forced to quit the global aluminium market and focus on domestic consumers if the United States does not lift sanctions once an independent board is in place, a source familiar with the matter said. [Full Article...]

US GDP blows past estimates despite slowdown in consumer spending

US GDP blows past estimates despite slowdown in consumer spending The Commerce Department reported Friday that the gain in the gross domestic product, the economy's total output of goods and services, followed a 2.9 percent rise in the fourth quarter and gains above 3 percent in the previous two quarters. [Full Article...]

Facebook posts record revenues for Q1, despite data privacy scandal

Facebook posts record revenues for Q1, despite data privacy scandal As a result of the high-profile and widely-discussed changes the company has made to its service to prioritize certain kinds of content over others, users are watching less video on it, company representatives said Wednesday. Eventually, all users, regardless of their location, will be asked to review and make choices regarding Facebook's use of their data. "I'd be surprised if it was one-... [Full Article...]

Comcast Corp (NASDAQ:CMCSA): Negative Stock Sentiment at 0.93

Comcast Corp (NASDAQ:CMCSA): Negative Stock Sentiment at 0.93 The institutional investor held 3,934 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $225,000, down from 26,890 at the end of the previous reported quarter. Therefore 75% are positive. (NASDAQ: CMCSA ) has 21 ratings reports on April 26, 2018 according to StockzIntelligence. Comcast Corporation (NASDAQ: CMCSA ) now has a "Sell" signals on Composite indicators by Tr... [Full Article...]

Applied Materials Inc (NASDAQ:AMAT) 2017 Q4 Sentiment Reported At 0.86

This's net activity of $10.41 million. Applied Materials, Inc . (NASDAQ: AMAT ) has risen 42.67% since April 26, 2017 and is uptrending. The stock outperformed the S&P500 by 31.12%. The Financial stock ( MetLife, Inc .) showed a change of -0.21 percent from opening and finally turned off its business at $47.61 by scoring 0.44 percent on 24-04-2018. [Full Article...]

Microsoft FY18 Q3 earnings: $26.8 billion on cloud and Office growth

Microsoft FY18 Q3 earnings: $26.8 billion on cloud and Office growth Microsoft does not announce specific Azure revenue numbers. (See Cloud Growth Propels Microsoft to Revenue Gains ). Eastern time. Microsoft stock has gained 11% this year, with the S&P 500 index falling 1.3%. Analysts expected Microsoft to earn 85 cents a share on sales of $25.71 billion, according to Zacks Investment Research. The company also returned $6.3 billion to shareholders i... [Full Article...]

EU Ready to Give UK a Say on Trade in Customs Union

EU Ready to Give UK a Say on Trade in Customs Union MPs will hold a non-binding vote on the issue on Thursday after the Lords voted for some form of future customs union. Ahead of the debate, Labour's Shadow Brexit Secretary Sir Keir Starmer accused the Prime Minister of putting party before country and said any economic case for ruling out a customs union has collapsed. [Full Article...]

Oil Prices Continues Gain As Brent Crude Hits $74.2 Per Barrel

Oil Prices Continues Gain As Brent Crude Hits $74.2 Per Barrel Following his visit to Washington, French President Emanuel Macron appeared to have little hope of persuading US President Donald Trump to remain in a nuclear deal with Iran, meaning more sanctions against the Middle Eastern country could be imminent. [Full Article...]

United States 10-year bond yield hits highest since 2014

United States 10-year bond yield hits highest since 2014 Losses were seen across the board for the precious metals . Spot silver dropped 0.2 per cent to $16.68 an ounce. Platinum slid $15 (-1.6%) to $915/oz. Of course, the Treasury must continue to sell new bonds to help pay for the GOP tax cut. Later in the day, the U.S. Treasury is set to auction $35 billion in five-year notes. [Full Article...]

National Football League mock draft: Team, draft experts join forces to project 1st round

National Football League mock draft: Team, draft experts join forces to project 1st round Ward might not fit the size that most attribute to the 49ers' scheme, but his speed, toughness and instincts make him a dynamic option with Richard Sherman and Ahkello Witherspoon in the secondary. He offers the added bonus of being a return man. Howard and his fellow "GameDay" hosts and analysts, including Rece Davis, Kirk Herbstreit, Lee Corso, David Pollack, Booger McFarland and Joey Gall... [Full Article...]

Amber Rudd: I realized scope of 'Windrush' migration scandal only 'very recently'

Amber Rudd: I realized scope of 'Windrush' migration scandal only 'very recently' The issue has created anger in Britain after it was revealed some of these migrants have been made homeless, lost their jobs, threatened with deportation and denied benefits, raising awkward questions about how the pursuit of lower immigration sits alongside the desire to be an outward-looking global economy. [Full Article...]

Takeda lifts Shire takeover bid again

Takeda lifts Shire takeover bid again Major said: "Our sense of it is [the markets] would probably have preferred Takeda to have increased the cash component more, rather than increased the price". Based on Takeda's current market capitalisation, Shire shareholders would own approximately 49 per cent. of the enlarged Takeda. Takeda's shares slid nearly 6 percent in early Tokyo trade on Wednesday as investors fretted over its abi... [Full Article...]


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