Markets

Markets Procter & Gamble Wins Costly Proxy Vote Vs. Nelson Peltz
Author: 0 Procter & Gamble Wins Costly Proxy Vote Vs. Nelson Peltz

P&G shares, which had been ticking upward in early morning trades, plunged as much as 2 percent moments after preliminary results were announced. The investor's Trian Partners wants an official tally. "Either way today's vote is a vote for bold change", Peltz said. Peltz spoke in an interview with CNBC's " Squawk on the Street " after P&G said its shareholders voted against giving the activist investor a seat on its board .

Markets UR grad wins Nobel Prize in economics
Author: 0 UR grad wins Nobel Prize in economics

Richard Thaler , founder of a line of thought described as " behavioral economics ", this week was designated the victor of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017. According to a report in Economic Times, the government has been following this policy since previous year when Niti Aayog joined hands with the Bill and Melinda Gates Foundation to set up a " nudge unit", that would work towards achieving behavioural changes that would make programmes ...

Markets $49 tickets? Southwest Airlines launches another 72-hour fare sale
Author: 0 $49 tickets? Southwest Airlines launches another 72-hour fare sale

Southwest's semi-annual, three-day sale is offering nonrefundable round-trip flights for under $100 on its shortest routes. Between Tuesday, October 10 and Thursday, October 12, flights will range from $49 each way to $129 each way. Tickets for those traveling to or from San Juan, Puerto Rico, are valid from October 31 to December 7, and January 16 to March 1. It's not the first time Southwest has slashed ticket prices.

Markets Toyota and Honda cars affected by Kobe Steel scandal in Japan
Author: 0 Toyota and Honda cars affected by Kobe Steel scandal in Japan

The company said the fabrications, which might have started a decade ago, could affect products sent to as many as 200 companies. After conducting an in-house probe, Kobe Steel - which once employed Japanese Prime Minister Shinzo Abe - on Sunday admitted it had shipped products that did not meet client specifications, including strength data.

Author: 0 Shares now down at $143.60 (HON) Honeywell Announces Planned Portfolio…

The Eaton Vance Management holds 663,738 shares with $88.47M value, up from 639,592 last quarter. Eog Res Inc now has $55.54B valuation. The Florida-based Suncoast Equity Management has invested 6.21% in the stock. The rating was upgraded by Societe Generale to "Buy" on Wednesday, January 11. As per Monday, October 19, the company rating was maintained by RBC Capital Markets.

Markets NVIDIA divulges next generation chip for completely independent cars
Author: 0 NVIDIA divulges next generation chip for completely independent cars

The company introduced its new system called the Drive PX Pegasus , a new entry to the Drive PX family which can be used to power Level 5, fully autonomous cars without steering wheels, pedals, or mirrors. DPDHL will outfit electric light trucks with the ZF ProAI self-driving system, based on NVIDIA DRIVE PX technology, for automating package transportation and delivery, including the "last mile" of deliveries.

Markets Microsoft Data Centers in Ireland to Use Energy from GE Wind Farm
Author: 0 Microsoft Data Centers in Ireland to Use Energy from GE Wind Farm

Dublin-based company ElectroRoute is going to serve as trading service provider, according to a joint announcement about the project. In addition to producing energy, the project will provide valuable data on energy storage. Microsoft and GE began what the two parties called a "broad strategic partnership" in summer 2016, beginning with efforts to marry the Predix platform to Microsoft's Azure cloud technology.

Markets Oil prices edge up as Opec confirms the market is rebalancing
Author: 0 Oil prices edge up as Opec confirms the market is rebalancing

Saudi Arabia has been edged out as the top oil supplier to India amid an intensifying race among producers to retain their most-prized markets. "And once we are able to restore the balance, that equilibrium price will materialise and that will be of the best interest of the global economy", he said .

Author: 0 Nifty reclaims 10000-mark, climbs 28 points

It saw an intra-day movement of 31.70 points. The domestic benchmark indices ended higher on Tuesday, taking their winning streak to a third straight session after a day of observing rangebound volatility. The market breadth, indicating the overall health of the market, was in favour of gainers. Out of 1,969 stocks traded on the NSE, 530 declined, 1051 advanced and 388 remained unchanged today.

Markets WorleyParsons to buy AFW UK to enter North Sea
Author: 0 WorleyParsons to buy AFW UK to enter North Sea

The deal will give WorleyParsons a almost nine-fold lift in EBITDA before synergies are even accounted for, and boost its capabilities in the engineering and construction, operations and maintenance and hook-up services markets on the UK Continental Shelf in which AFW specialises.

Markets BAE Systems to axe more than 1000 United Kingdom jobs
Author: 0 BAE Systems to axe more than 1000 United Kingdom jobs

BAE will cut "well over 1,000" jobs, Sky News reported citing unnamed insiders. BAE faces slowing demand for the Eurofighter Typhoon jet, developed with the help of Italy's Finmeccanica and Airbus as part of a European consortium. The expected redundancies would come three months after BAE's new chief exec, Charles Woodburn, took post. The defence manufacturer secured an order for 24 of the fighter aircraft from Qatar last month but has yet to finalise one from Saudi Arabia.

Author: 0 Fire Cancels American Airlines Flight in Hong Kong

Passengers are being put on other flights to L.A.as the aircraft was clearly damaged by the fire, which was put out quickly by firefighters. The plane was parked at the gate, but boarding had not yet commenced, and no passengers or crew members were injured.

Markets McDonald's ventures into uncharted territory with new burger
Author: 0 McDonald's ventures into uncharted territory with new burger

McDonald's started testing a soy-based patty at a location in Tampere, Finland. The burger, which includes a soy-based patty, will be available at the location from October 4 through November 21, according to Business Insider . Excited social media users have been commenting saying they hope the chain will trial it in a number of different locations and have urged the company to bring it to the UK.

Markets Almost 3 weeks after Maria, Puerto Rico still needs help
Author: 0 Almost 3 weeks after Maria, Puerto Rico still needs help

The Jones Act requires that all goods shipped between US ports be carried by American-owned and operated ships, which are more expensive vessels than others in the global marketplace. " I think that there are places where water is being withheld and food is being withheld ", Rossello said . According to the FCC's latest report on the status of communications in Puerto Rico and the Virgin Islands (as of midday Sunday, Oct.

Markets Here's How The FBI Should Investigate The Las Vegas Massacre
Author: 0 Here's How The FBI Should Investigate The Las Vegas Massacre

The petition says that's a necessary step to allow lawsuits to be brought against Paddock's estate. FBI spokeswoman Sandra Breault (BRO') says officials aren't answering any questions right now about the investigation itself. Stephen Paddock rents a room at a condominium complex in downtown Las Vegas at the same time as the Life is lovely music festival, which featured performances from Chance the Rapper, Muse and Lorde.

Author: 0 Indonesia Index MSCI Ishares (EIDO) Shares Spotted Above Chikou Line

The weekly steps can be used to determine a near-term trend. Divergence between MFI and the price direction can also be indicative of a reversal. When the price is below the Balance Step, this generally spells a bearish trend. Moving averages can be very useful for identifying peaks and troughs. The 14-day RSI is presently standing at 70.92, the 7-day is 77.37, and the 3-day is resting at 69.43.

Author: 0 Pradhan tells OPEC: India expects 'reasonable' crude oil price

The prospective restarts kept price gains in check. In a blog post yesterday, the US State Department said increased Indian purchases of US crude oil are a direct outcome of the June visit of Modi to the White House during which the leaders committed to expanding and elevating bilateral energy cooperation through a Strategic Energy Partnership.

Author: 0 Amazon.com, Inc. (NASDAQ:AMZN) Jumps On To Pharmaceuticals' Turf

It has outperformed by 27.75% the S&P500. Tortoise Investment Management Llc increased Amazon Com Inc ( AMZN ) stake by 446.94% reported in 2017Q2 SEC filing. Annex Advisory Services Limited Liability Corp invested in 245 shares or 0.05% of the stock. Morgens Waterfall Vintiadis & Inc accumulated 2.82% or 3,000 shares.

Author: 0 Walgreens Boots Alliance, Inc. (NASDAQ:WBA) stock in focus

Walgreens Boots Alliance, Inc .is a holding company. Capital World Investors now owns 19,887,303 shares of the pharmacy operator's stock worth $1,603,314,000 after buying an additional 262,188 shares during the last quarter. In contrast to the year ago quarter EPS was at 1.58. The fund owned 1,533,800 shares of the pharmacy operator's stock after acquiring an additional 63,259 shares during the quarter.