Markets

Markets Uber Leased More Than 1000 Defective Hondas to Drivers In Singapore
Author: 0 Uber Leased More Than 1000 Defective Hondas to Drivers In Singapore

While its cars are also fitted with the stop-start feature, its flaw had been fixed before the vehicles left for Singapore . The Land Transport Authority did not comment on the report . At the end of February, Goh Aik Chung, an Uber associate general manager in Singapore, invited staff to a dinner to "reward everyone who helped the company get through "the Vezel snafu" ".

Markets Arun Jaitley unveils 'Bharat 22' Index; to be rebalanced annually
Author: 0 Arun Jaitley unveils 'Bharat 22' Index; to be rebalanced annually

It trades like a common stock on a stock exchange and experience price changes throughout the day as they are bought and sold. The ETF will have different tranches, said Neeraj Kumar Gupta, Secretary, Department of Investment and Public Asset Management (DIPAM), adding that the government has not taken any decision on when to launch it.

Markets VW manager to plead guilty in USA emissions scandal case
Author: 0 VW manager to plead guilty in USA emissions scandal case

Schmidt, who led the German automaker's U.S. regulatory compliance office until 2015, is scheduled to appear in a Detroit court on Friday to enter his plea. During the period in question, Schmidt was working at the company's Wolfsburg headquarters as "one of three subordinates" to the head of engine development.

Markets Ackman on comeback trail takes aim at ADP, gets instant pushback
Author: 0 Ackman on comeback trail takes aim at ADP, gets instant pushback

After spending the better part of two years trying to convince just about anyone his investment in Valeant was a good one, Ackman more recently referred to the effort at the controversial drugmaker as a "huge mistake". Bill Ackman wants to extend that time period by 30 to 45 days. ADP defended Rodriguez in it statement and said investors have been rewarded with a total return of 202 percent - assuming they reinvested dividends and held on to shares of a unit that was spun off - during his ...

Markets Rolls-Royce Group Plc (RYCEY) Valuation According To Analysts
Author: 0 Rolls-Royce Group Plc (RYCEY) Valuation According To Analysts

The stock's market cap is GBX 13.62 billion. It has a 5.73 P/E ratio. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations. Finally, Numis Securities Ltd reaffirmed a hold rating and set a GBX 135 ($1.78) target price on shares of Man Group Plc in a research note on Thursday, April 20th.

Markets Former drug company executive Martin Shkreli, aka 'Pharma Bro', guilty of fraud
Author: 0 Former drug company executive Martin Shkreli, aka 'Pharma Bro', guilty of fraud

He was convicted of two counts of securities fraud and one count of conspiracy to commit securities fraud. He was found not guilty of five counts, including those related to wire fraud. This is a breaking news story. Retrophin directors testified that they did not approve those agreements in advance. Shkreli's legal team, headed by Benjamin Brafman, argued during the trial that although Shkreli didn't "look great" on paper, he was a "brilliant mind" who lacked intent to defraud investors.

Markets Dollar Rebounds On Upbeat Jobs Report
Author: 0 Dollar Rebounds On Upbeat Jobs Report

The unemployment rate fell to 4.3 per cent, down from 4.4 per cent in June and equalling the 16-year low seen in May. The dollar rose sharply against a basket of currencies. On earnings calls within the past several weeks, numerous companies have talked about wage pressures and tight labor market conditions. Employment growth has averaged 184,000 per month thus far this year, in line with the average monthly gain in 2016 (+187,000).

Markets Toyota, Mazda to Join Forces For New $1.6B Plant in US
Author: 0 Toyota, Mazda to Join Forces For New $1.6B Plant in US

The location of the plant is yet to be revealed, but Toyota and Mazda have said it will create 4,000 new jobs. Toyota said in a Friday, Aug. 4 news release that it will make North America's Corollas at the prospective plant while Mazda focuses on crossover models.

Markets Injured In Dolores Park Shooting
Author: 0 Injured In Dolores Park Shooting

The gunshots rang out at around 3:00pm in Dolores Park near the statue of Miguel Hidalgo in the city's Mission District Thursday. Two adult men and a male minor were shot around 3pm and taken to hospital, as authorities report one of the adults is in critical condition.

Markets Brokers Issue New Targets On Papa John's International Inc. (NASDAQ:PZZA)
Author: 0 Brokers Issue New Targets On Papa John's International Inc. (NASDAQ:PZZA)

On average, equities analysts anticipate that Papa John's International, Inc . will post $2.86 earnings per share for the current fiscal year. The collective rating of 2 for Papa John's International, Inc . Victory Capital Management Inc. boosted its position in Papa John's worldwide by 55.0% in the first quarter. It is trading at $71.13 just below $74.99, the stock's 50 day moving average and a tad under the 200 day moving average of $79.00.

Markets Dish Network Breaks Below 200-Day Moving Average - Notable for DISH
Author: 0 Dish Network Breaks Below 200-Day Moving Average - Notable for DISH

Paulson & CO. Inc. acquired a new stake in shares of DISH Network Corporation during the first quarter valued at approximately $219,047,000. The subscriber churn rate fell to 1.59% from 1.96% a year ago. DISH Network Corporation now has an average rating of Hold and a consensus price target of $71.15. The correct version of this story can be accessed at https://www.thestockobserver.com/2017/08/03/dish-network-corporation-dish-cut-to-sell-at-bidaskclub.html.

Markets Fitbit Shares Rally As Results Top Wall Street View
Author: 0 Fitbit Shares Rally As Results Top Wall Street View

Shares of Fitbit - which sells colorful wristbands that monitor heartrate, tracks sleeping patterns, steps count and calories - were up 4.7 percent at $5.31 in extended trading. Adjusted EBITDA showed a loss of $28.2 million against earnings of $48.3 million. The firm's market cap is $1.08 billion. Non-GAAP gross margin of 42.5% to 44%.

Markets Markets suffer from more losses as bank, metal lead selling
Author: 0 Markets suffer from more losses as bank, metal lead selling

Rate sensitive stocks like banking, realty and auto continued their fall for the second straight session, plunging by up to 9 per cent, after the RBI policy announcement failed to enthuse investors. A survey earlier on Thursday showed India's service sector activity contracted at its sharpest rate in almost four years in July after a new nation-wide tax sowed confusion and sent new orders into free fall.

Author: 0 Looking Closer at Shares of Nuveen Quality Municipal Income Fund (NAD)

Tracking other technical indicators, the 14-day RSI is presently standing at 56.78, the 7-day sits at 64.11, and the 3-day is resting at 79.28 for Nuveen California Municipal Value Fund Inc (NCA). Headlines about Nuveen AMT-Free Municipal Value Fund (NYSE: NUV ) have trended very positive this week, according to Accern Sentiment Analysis. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend.

Markets Norwegian Cruise Line Holdings Ltd.
Author: 0 Norwegian Cruise Line Holdings Ltd.

Moreover, Lapides Asset Management Llc has 1.55% invested in the company for 511,900 shares. Massachusetts Financial Services Co. TRADEMARK VIOLATION NOTICE: "Norwegian Cruise Line Holdings Ltd. Royal Caribbean Cruises announced that its board has approved a share buyback program on Friday, April 28th that allows the company to repurchase $500.00 million in shares.

Markets Commbank accused of 53700 law breaches
Author: 0 Commbank accused of 53700 law breaches

The Australian government on Thursday accused the country's biggest mortgage lender, Commonwealth Bank of Australia , of widespread breaches of money-laundering and counter-terrorism financing rules. AUSTRAC's Mr Clark said that today's action should "send a clear message" to all reporting entities about the importance of meeting their AML/CTF obligations.

Markets (VIAB) Plans Quarterly Dividend of $0.20
Author: 0 (VIAB) Plans Quarterly Dividend of $0.20

Morgan Stanley reaffirmed an "overweight" rating on shares of Viacom in a report on Thursday, July 6th. BidaskClub raised Viacom from a "sell" rating to a "hold" rating in a research report on Tuesday. The firm had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.03 billion. Paramount posted its first profit since the final quarter of 2015, and boosted sales thanks to "Transformers: The Last Knight", the fifth film in the franchise.

Author: 0 Does North Korea missile mean diplomatic window closing?

China has hit back against Donald Trump , after the U.S. President tweeted he was "very disappointed" in Beijing after North Korea's latest missile test . "If I were China , I would believe him, too, and do something about it". North Korea could in probability launch some kind of attack against South Korea which could be catastrophic.