Tuesday, 18 December 2018
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Vijay Mallya arrested in money laundering case in London


Mallya is wanted in India for his Kingfisher Airlines defaulting on loans worth almost Rs 9,000 crore. In April this year, Mallya was arrested by the Scotland Yard but was granted bail soon after. However, the CBI had submitted extradition request in respect of Mallya regarding the case under the Indian Penal Code (IPC), 1860 and Prevention of Corruption Act, 1988 for his extradition from the United Kingdom. Read More »

IN couple pleads guilty to stealing $1.2 million from Amazon


Oh, and they have to pay back the money, too. With this, they accumulated Microsoft Xboxes, GoPro digital cameras, Samsung smartwatches, Microsoft Surface tablets and more. While some retailers would insist on receiving signatures for all items of high value or the return of broken devices before a refund or replacement is issued, the retail giant deals with such vast delivery numbers, third-party sellers, and worldwide distribution which makes such checks hard. Read More »

Schoolboy in coma after being stabbed at Birmingham mosque


The teenager, initially thought to be 14, is now in a stable condition in hospital. The motivation for the attack is not yet known, we are keeping an open mind as to whether it could be racially or religiously motivated. He made a further appeal for witnesses to contact police. Witnesses said the boy was attacked after being dropped off at the Idara Maarif-e-Islam Hussainia Mosque by his father. Read More »

(AHT) Shares Trading down at $6.67 Ashford Trust To Host Investor & Analyst…

Ashford Hospitality Trust , Inc. It has outperformed by 18.90% the S&P500. REGEN BIOPHARMA INCORPORATED (OTCMKTS:RGBP) had a decrease of 11.17% in short interest. It now has negative earnings. The Firm conducts its business and owns all of its assets through its operating partnership, Ashford Hospitality Prime Limited Partnership (Ashford Prime OP). Read More »

Morgan Stanley Downgrades Rating On CSX Corporation (CSX)


With 116,800 avg volume, 2 days are for Xinyuan Real Estate Company Limited (NYSE:XIN)'s short sellers to cover XIN's short positions. The hedge fund run by Ben Gambill held 441,698 shares of the railroads company at the end of 2017Q2, valued at $24.10 million, down from 692,198 at the end of the previous reported quarter. Read More »

Panic on London train after man reads passages from the Bible


Mr. O'Sullivan, a marketing consultant, said the man was addressing passengers about the gospel and was telling people homosexuality and sex before marriage were both sins and they needed to repent. "We are now investigating but there have been no arrests and there are no reported injuries". One said the guard dealt with the situation with "compassion, restraint and bravery". Read More »

Hilton Worldwide Holdings Inc. (HLT) Shares Sold by Standard Life Investments LTD


The stock price went upward in 8 of the last 10 days and has generated 4.23% during the last two weeks. If Hilton Worldwide Holdings Inc . Its portfolio of brand names consists of Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Inn, Homewood Suites by Hilton and Home2 Suites by Hilton and timeshare properties under the Hilton Grand Vacations brand. Read More »

Toyota prepares to shut Australian manufacturing


As with the Ford shutdown, the Toyota factory will be closed to media. Toyota says it wants to make today's shutdown a private affair out of respect to its organisation and to workers. All in all, Toyota built 3.4 million vehicles across its Australian factories since 1963, many of which were exported as part of a $1 billion annual program. Read More »

Supreme Court to Hear Case on Wisconsin Voting Maps Warped by Politics


In the 2012 election, Republicans won 48.6 percent of the statewide vote yet claimed 60 of 99 seats in the Assembly. The last time the Supreme Court heard a major challenge to gerrymandering was in 2004, when the late justice Antonin Scalia led three other judges who voted against reform in declaring that the matter was "non-justiciable" partly because of the difficulty in predicting voters' likely intentions in advance. Read More »

Strikes to paralyse rail and Tube lines


The Southern dispute is now in its 18th month, with no sign of the deadlock being broken. Rail users travelling between Wrexham and Liverpool are being advised of disruption to their service this week due to industrial action. The two sides met under the chairmanship of the conciliation service Acas on Monday. "It is also clear that some of the rail companies themselves are frustrated at being used as political pawns and are being given a centralised script to read out to us in meetings", ... Read More »

Uber board confirms Kalanick's surprise appointees


The nominations of former Merrill Lynch CEO John Thain and former Xerox CEO Ursula Burns came as Uber's board considers a slate of changes that would strip Kalanick of much of his power. ■ The plan also includes a proposal to remove the outsize voting power carried in two categories of Uber stock, the Class B common shares and the preferred shares. Read More »

Black cab for Uber boss Jo Bertram as she leaves firm


It comes just a day after Uber's United Kingdom head quit her post. Bertram, who led a team of 300 across 10 countries, started at Uber four years ago, helping get the company started in London with a few hundred drivers. TfL also criticised the San Francisco-based company for using technology that allegedly helps it to evade law enforcement officials. The meeting comes as Mr Khosrowshahi faces pressure in the U.S. Read More »

Guardian Investment Management Acquires Shares of 13515 Occidental Petroleum Co. (OXY)

The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink . Following the transaction, the director now owns 70,692 shares of the company's stock, valued at approximately $4,353,213.36. The firm has "Neutral" rating by Goldman Sachs given on Friday, December 16. The firm earned "Hold" rating on Monday, May 29 by Mitsubishi UFJ. The company was upgraded on Thursday, September 14 by Citigroup. Read More »

Tesla Providing Solar Power to Puerto Rico


Reports say it could take four to six months before power is restored in the USA territory. Tesla's effort to help victims of Hurricane Maria follows recent efforts made in South Florida after the company unlocked more battery range for Model S and Model X owners affected by Hurricane Irma through an over-the-air software update, extending the electric vehicle's battery capacity from 60 kWh to 75 kWh. Read More »

Investor's Watch: Halcon Resources (HK)

For the last month, company shares are 18.98%. Investors who are keeping close eye on the stock of Halcon Resources Corporation (NYSE:HK) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 4.98 and sector's optimum level is 10.52. Read More »

Longbow Research Cuts Rating On Steel Dynamics, Inc. (STLD)

The stock rose 0.34% or $0.12 reaching $34.59 per share. (NASDAQ: STLD ) news were published by: Nasdaq.com which released: "Steel Dynamics Completes Sale of $350M Senior Notes Due 2025" on September 14, 2017, also Prnewswire.com with their article: "Steel Dynamics Announces Tender Offer for any and all of its 6.375% Senior ..." published on September 06, 2017, Prnewswire.com published: "Steel Dynamics Provides Third Quarter 2017 Guidance and Announces Third ..." on September 19, 2017. Read More »

Equifax says cyber attack may have hit 2.5 million more US consumers


The days to cover decreased to 0.0 and the percentage of shorted shares is 0.02% as of September 15. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . This represents a $1.56 annualized dividend and a yield of 1.47%. The ex-dividend date was Wednesday the 23rd of August 2017. The stock was sold at an average price of $146.02, for a total transaction of $584,080.00. Read More »

Oakwood Capital Management LLC CA Cuts Position in Gilead Sciences, Inc. (GILD)

Shares of Gilead Sciences, Inc . About 14.46M shares traded or 150.17% up from the average. SUPERVALU INC. (NYSE:SVU) has declined 12.69% since October 2, 2016 and is downtrending. Provident Inv Mngmt Inc has invested 4.85% in Gilead Sciences, Inc . Nichols And Pratt Advisers Ltd Liability Partnership Ma, a Massachusetts-based fund reported 159,955 shares. Read More »

Oracle announces the Autonomous Database Cloud


By the middle of next year, Ellison says, the Oracle 18c database will be added to the company's online transaction processing cloud service and the Oracle Express edition of the Oracle database. For a customer using multiple Oracle clouds, he said, "we can provide AI and machine learning that bridges those applications, not just within those specific use cases". Read More »

Corrected: Oil prices fall for a second day on oversupply concerns

Crude oil futures slumped Monday morning amid concerns that supplies would continue to outweigh global demand for energy products. Crude oil inventories are seen down by 467,000 barrels, while distillates likely declined by 1.1917 million barrels and gasoline stocks rose 967,000 barrels. Read More »

EPS for Wells Fargo & Co (WFC) Expected At $1.05


Moreover, Blackrock has 0.11% invested in BB&T Corporation (NYSE:BBT). It has underperformed by 2.50% the S&P500. Inv Services accumulated 0.09% or 4,047 shares. The rating was initiated by Standpoint Research on Wednesday, January 20 with "Buy". The stock has "Neutral" rating by Credit Suisse on Thursday, February 16. Read More »

Tesla misses on Model 3 production for the third quarter

Tesla has sky-high expectations for the release of the all-electric Model 3 sedan, including benchmarks set by the company's CEO, Elon Musk. With its vast footprint and production capabilities, the Gigafactory in particular will be vital in scaling up the Model 3's numbers. Read More »

Valero Energy Partners LP (NYSE:VLP) Stock Ticks 3.85%


Wg Shaheen & Associates Dba Whitney & reported 0.03% in Rite Aid Corporation (NYSE:RAD). It has underperformed by 15.93% the S&P500. Investec Asset Management LTD lowered its stake in shares of Valero Energy Corporation (NYSE: VLO ) by 6.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Read More »

RBA holds rates steady at 1.5%


The cash rate last moved in August 2016, ticking down by 25 basis points. Of all panellists surveyed on finder.com.au, all 29 experts for October had predicted for the cash rate to hold. This is likely to continue for a while yet, although the stronger conditions in the labour market should see some lift in wage growth over time", he said. Read More »

Dong to rebrand as Ørsted


This gives the world a unique opportunity to take real action against climate change and create a world that runs entirely on green energy." - Henrik Poulsen, CEO of DONG Energy, soon to become Ørsted . The company was last month awarded a contract to build a new 1.4 gigawatt project at Hornsea to create the world's largest offshore windfarm in the United Kingdom after the strike price for offshore wind power was cut in half much sooner than expected. Read More »