ECONOMIA

Sensex surges 317 points on key macro data

Sensex surges 317 points on key macro data Mumbai: The benchmark BSE Sensex crashed by over 344 points and the NSE Nifty dipped below 8,200-mark in early trade as investors engaged in cutting down their bets amid rupee plunging by 42 paise. Asian shares are mostly higher in early trade and benchmark US crude futures eased slightly after climbing almost 6 percent overnight, while gold halted its downward trend. Continua a leggere...

Traders Alert: Dick's Sporting Goods Inc. (NYSE:DKS), SLM Corporation (NASDAQ:SLM)

Traders Alert: Dick's Sporting Goods Inc. (NYSE:DKS), SLM Corporation (NASDAQ:SLM) Watch U.S. athletes and Dick's Sporting Goods CEO Ed Stack discuss the company's special hiring program for U.S. Olympic athletes. Shares of Dick's Sporting Goods ( DKS ) were falling sharply, down 9.53% to $55.03 in Tuesday afternoon trading, after the sports retailer provided holiday quarterly guidance that failed to meet analyst expectations. Continua a leggere...

Boom unveils XB-1 supersonic passenger plane prototype

Boom unveils XB-1 supersonic passenger plane prototype Capable of speeds up to 2335 kmh, the "world's fastest civil aircraft ever made" won't take its first test flight until late next year, but a one-third scale prototype was revealed to investors at Denver International airport Tuesday, with the announcement of Boom's partnership with Branson's aerospace branch of Virgin, Virgin Galactic's The Spaceship Company. Continua a leggere...

LeEco appoints new APAC president, secures $600 mn new funding

LeEco appoints new APAC president, secures $600 mn new funding He now heads LeEco's VR and AR company as well as MFL (Made for LeEco), LeEco's initiative for open smart hardware ecosystem. His leadership in these businesses will remain. LeEco, formerly known as Letv, is a global pioneering Internet and technology company with multiple internet-based ecosystems across content, devices, applications and platforms. Continua a leggere...

Samsung Acquiring Harman for $8 Billion

The surprise development will bring a host of Harman brands, including JBL, AMX, Harman Kardon, Mark Levinson, AKG, Lexicon, Infinity and Revel, under Samsung ownership. Tech giants have been plowing money into the auto industry: Apple is working on a secretive car-related project and Google is developing self-driving vehicles. Continua a leggere...

Steepening Fed Expectations Curve Buoys US Dollar, US Equities...For Now

Steepening Fed Expectations Curve Buoys US Dollar, US Equities...For Now While the upbeat USA data helped the dollar, market focus remained squarely on the policies of President-elect Trump. The US Dollar Index was up ay 99.81.DXY, a gain of 0.59% and off the session high of 100.02.DXY. bond market following a vicious sell-off, helped by unexpectedly strong data on U.S. October retail sales. The dollar's rise moved in step with the surge in US yields as Trump's victory... Continua a leggere...

The Jaguar I-PACE: steering a new future for electric cars

Anna Gallagher, global launch manager for the Jaguar I-Pace, said there is nothing like it on the market. The preview vehicle has been unveiled a little over a year ahead of the production model, which is scheduled to hit the road some time in 2018. Continua a leggere...

Flint mayor extends city's state of emergency

Flint mayor extends city's state of emergency The municipal state of emergency was set to expire on Monday but will now last "until further notice", according to the signed renewal. The mayor said Monday she signed a declaration renewing the order she first issued 11 months ago. "Next, we will send the declaration to county officials". MI would contribute about $330,000 in state money this fiscal year toward $23.8 million in mostly federa... Continua a leggere...

UN office: Reports show IS using chemical weapons in Mosul

The campaign, almost four weeks old, is the most complex military operation in Iraq in the 13 years of turmoil since the US invasion that toppled Saddam Hussein. Any accusations of human rights violations by Iraqi or Kurdish forces "should be completely be investigated and we would call the Iraqi government to carry out that kind of investigation", he added. Continua a leggere...

Trump Name to Be Removed from NYC Apartment Buildings

Residents at 220 Riverside had petitioned for a name change. "We are now in the process of changing the name of the buildings at 140, 160 and 180 Riverside (Boulevard)", said Marty McKenna, explaining they will go by their street addresses only. Continua a leggere...

Vodafone loss doubles to $5.5 billion due to India write-down

Vodafone loss doubles to $5.5 billion due to India write-down In India, the company said an extended offer from new entrant Jio had triggered discounts from other operators, lowering cash flows and throwing Vodafone's planning assumptions into doubt. Vodafone India's revenue during the reported period declined by about 2% to €3,015 million from €3,086 million. Vodafone today said it is hopeful of a "fair decision" by the government on the penalty sugges... Continua a leggere...

Indonesia Exports, Imports Grow in October, Their Best Month Since 2014

Indonesia Exports, Imports Grow in October, Their Best Month Since 2014 In rupee terms, the exports grew by 12.43% to Rs. 156941.86 crore in October this year from Rs. 139589.17 crore during the same month of 2015. Owing to poor global demand, goods exports had fallen for 20 of the 23 months since December 2014 - the three months that the shipments registered positive growth this year were in June (1.27 per cent), September (4.62 per cent) and October. Continua a leggere...

Robert Kennedy Jr. to join Dakota Access pipeline protests

Robert Kennedy Jr. to join Dakota Access pipeline protests Protestors have called on US President Barack Obama and President-elect Donald Trump to use their executive powers to halt construction of the pipeline, which is now on a fast-track to be completed by January 2017. The groups, including the Indigenous Environmental Network, Honor the Earth and Greenpeace USA. It comes a day before opponents are scheduled to hold a nationwide protest at Army Corp... Continua a leggere...

Kaepernick stands behind decision not to vote for president

At least we know why Kaepernick didn't submit a ballot last week. Kaepernick has knelt during the national anthem this season to drawn attention to social issues, most prominently police shootings among minorities. He previously called President-elect Donald Trump a "racist" and blasted former Democratic presidential candidate Hillary Clinton for her email scandal. Continua a leggere...

Max Verstappen draws comparisons with the F1 greats

Max Verstappen draws comparisons with the F1 greats The wet weather conditions proved a few things. "Up until the last race, they should still fight for first , for sure". He was absolutely fearless in pretty horrific conditions. Thankfully we ended up delivering a full 71-lap race with skill, bravery, drama, peril and excitement to the very end.We also witnessed a teenager rewriting the textbook for every racing driver in the world today an... Continua a leggere...

ATMs in Kerala start dispensing Rs 2000 notes

ATMs in Kerala start dispensing Rs 2000 notes Bankers say less than half of the 2,18,542 ATMs (as on September-end 2016) are now operational. The decisions follow a meeting here involving the Finance Ministry and the Prime Minister's Office and came a day after Prime Minister Narendra Modi returned to India from Japan. Continua a leggere...

How the Dow Jones industrial average fared on Tuesday

How the Dow Jones industrial average fared on Tuesday Or that just four Dow stocks - Goldman Sachs (GS), Caterpillar (CAT), JPMorgan (JPM) and Home Depot (HD) - were responsible for half the index's gain last week. "One possibility is that the market anticipates the Federal Reserve to keep interest rates the same at their December meeting", she said. USA equities were mixed on Tuesday as oil prices surged over 3%, while data pointed to fi... Continua a leggere...

Sawtooth Asset Management Inc. Reached $336000 position of Occidental Petroleum Corp. (OXY)

Sawtooth Asset Management Inc. Reached $336000 position of Occidental Petroleum Corp. (OXY) Moreover, Indexiq Advsrs Ltd Liability Co has 0% invested in Occidental Petroleum Corporation (NYSE:OXY) for 1,009 shares. In the matter of earnings surprises, it can have a huge impact on a company's stock price. Motco has 0.67% invested in the company for 80,437 shares. The average forecast of sales for the year ending Dec 16 is $3.5B by 16 analysts. The ex-dividend date is Wednesday, December 7... Continua a leggere...

Samsung Electronics buys auto-systems maker Harman for $8B

November 14, 4:50 a.m.: This article has been updated with additional information on the deal and background on Samsung's connected-car market. Samsung is pursuing a long-term growth strategy in automotive electronics, and plans to retain HARMAN's work force, headquarters and facilities, as well as all of its consumer and professional audio brands. Continua a leggere...

Opponents of pipeline plan protests across US

Attorney Jan Hasselman with environmental group Earthjustice, who filed the lawsuit in July on behalf of the tribe, says he expects the decision before President-elect Donald Trump is sworn in January 20. In court documents , allies of the tribe alleged the pipeline route goes through sacred sites, and argued the tribe had not been able to survey the area for cultural artifacts and graves before t... Continua a leggere...


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