Talks with a consortium led by Western Digital Corp were in final stages, with the head of the USA firm in Japan to hammer out details, the sources said, requesting anonymity because they were not authorized to speak with media. Bain's new offer is created to get around that problem as it will invite the state-backed investors - the Innovation Network of Japan (INCJ) and the Development Bank of Japan (DBJ) - to invest in the business only after any arbitration with Western Digital is ...
Heavy rains in Mumbai have also been predicted for Wednesday and Thursday, although the rain on Wednesday is expected to be lighter than that of Tuesday. The Mumbai Police is also putting out regular updates on Twitter and has alerted citizens to stay off waterfronts. City managers have warned of additional power cuts across the metropolitan area if flood waters continue to rise.
As a precautionary measure, schools and colleges remained closed on Wednesday (30 August) as more rains are expected. "Due to this rainfall, the rivers Mahi, Sabarmati, Banas, Godavari and its tributaries, Krishna and its tributaries, west-flowing rivers south of Tapi, Cauvery and its tributaries are likely to rise and create low to moderate flood in few locations", a government advisory warned as cited by The India Times .
The airline also announced that they will be upgrading their Melbourne to Singapore aircraft from an A330 to an A380 airbus, starting March 2018. Qantas said it expected a benefit of more than A$80 million ($63 million) a year to the airline from fiscal 2019 from the renewed alliance.
The Gulf accounts for almost half of total US refining capacity. Meanwhile, oil production offshore was also affected. "Cenovus and Husky, because they have Midwest refining assets - as does Suncor in Denver - they'll probably see more of the strength in product prices than we'll see in Ontario or Alberta ( refineries )".
Gold stocks led gainers as Kinross Gold rose 20 cents, or 3.8 percent, to 5.49 Canadian dollars while Goldcorp took on 54 cents, or 3.3 percent, to 16.84 Canadian dollars. Individual losses were modest, however, with Enbridge Inc slipping 0.5 percent to C$49.56. Technology stocks added 1.3 percent, with Shopify Inc SHOP.TO jumping 4.7 percent to C$136.82.
Warren Buffett goes by many names: The Oracle of Omaha , billionaire investor, CEO, president and Chairman of Berkshire Hathaway Inc. That was just what Berkshire was waiting for . The top bidder, who chose to remain anonymous this year, paid US$2.68 million to bring as many as seven friends to lunch with the billionaire at Smith & Wollensky steakhouse.
The Reserve Bank of India's FY17 annual report has revealed that around 99% of the demonetised currency is back in the banking system. It said in its annual report for 2016-17 that only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes has not returned.
Cruz dismissed as "political insults" reminders that he and others in the delegation withheld support for the Sandy supplemental spending bill pushed by NY and New Jersey lawmakers . According to Associated Press estimates, the federal government has - for now - enough disaster aid money to deal with the immediate aftermath of Hurricane Harvey , but the ongoing storm appears sure to require a multibillion-dollar recovery package as did Hurricane Katrina and Superstorm Sandy .
The stock declined 0.27% or $0.15 reaching $54.87 per share. About 1.32M shares traded. It has outperformed by 12.26% the S&P500. Armistice Capital Llc increased Las Vegas Sands Corp (LVS) stake by 66.2% reported in 2016Q4 SEC filing. Barclays Capital has "Overweight" rating and GBX 610 target. Credit Suisse upgraded the stock to "Neutral" rating in Tuesday, October 13 report. Pivotal Research maintained the stock with "Buy" rating in Thursday, July 27 report.
Dorsey Whitney Tru Ltd Liability Company invested in 45,700 shares or 0.31% of the stock. About 13 shares traded. Cisco Systems, Inc. has its outstanding Shares of 4.97 Billion. It increased, as 81 investors sold CSCO shares while 635 reduced holdings. A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock.
Harvey rolled into Texas on Friday as a Category Four hurricane, tearing down homes and businesses on the Gulf Coast, and triggering massive floods. Benchmark U.S. gasoline futures were little changed on Tuesday, having surged nearly 7 percent on Monday to reach $1.7799 a gallon. In fact, many United States offshore Gulf of Mexico barrels have been exported to Asia this year.
Magellan Midstream Prtnrs Lp (Call) now has $15.02 billion valuation. Alps Advisors continues to be the top holder, despite its unloading of 0.43 million shares in the recent quarter. It has a 43.35 P/E ratio. The Company's assets are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota.
Say hello to Irma, the next tropical storm to form in the eastern Atlantic. Five days after Harvey first made landfall, the Federal Emergency Management Agency said it's still in "lifesaving, life-sustaining" mode, with recovering survivors being the top priority.
Sacramento, CA, August 27- Average retail gasoline prices in Sacramento have risen 0.6 cents per gallon in the past week, averaging $2.87/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento. The national average could climb to $2.50 as a result of Harvey. He suggested retailers could use the wholesale price increase as an excuse to raise prices to boost profit margins.
Back-up generators have largely been inundated with water. The company said it opted not to move chemicals before the storm but made extensive preparations. The factory has been without electricity since Sunday, and back-up generators started failing before workers were evacuated on Tuesday. "Arkema is limited in what it can do to address the site conditions until the storm abates".
Abbott says that new pacemakers made as of 28 August will come pre-patched with the update, and both the company and FDA say that already-implanted devices should not be physically replaced due to cybersecurity concerns. 465,000 implanted pacemakers are now eligible for the new software updates. The patch comes eight months after Abbott released an update meant to fix a vulnerability with the device now providing pacemaker authorization, namely Merlin@home Transmitter.
But digging has found that the speaker company recently filed papers for a new smart speaker device, likely to rival Amazon Echo and other voice-controlled hubs . Both Amazon and Microsoft are more than capable of expanding the powers of their digital assistants without any help. Excitingly, this also suggests you'll be able to do things like schedule recording times on connected TV platforms like EE TV and YouView via Cortana , as well as make use of the many new skills being ...
It also represents a significant bounce from the anemic 1.2 percent growth rate reported for the first quarter of 2017. Trump frequently touts good economic news and accuses the media of failing to cover it. "Underlying domestic demand in the economy is consistent with near three percent growth but the supply-side of the economy is not capable of delivering such a pace of growth at this point", John Ryding, chief economist at RDQ Economics in NY, told CNBC .
With a $68 billion valuation by private investors, Uber is the most valuable startup Silicon Valley has produced over the last decade, but funders have grown frustrated by the lack of timeline for getting their payouts. 'What got us here is not what's going to get us to the next level'. He joined San Francisco-based Uber's all-hands staff meeting Wednesday to take questions from employees.