ECONOMIA

China's Alibaba outstrips revenue estimates with online sales growth

China's Alibaba outstrips revenue estimates with online sales growth Revenue in the entertainment business rose by 30 per cent to 4 billion yuan. The bulk of the Hangzhou-based company's revenue came from its core e-commerce business, including the online shopping platforms Taobao, Tmall, and its worldwide business units like AliExpress and Lazada in Southeast Asia, where sales rose 58 per cent to 43 billion yuan from past year. Continua a leggere...

Infosys board to take 13k-cr buyback call on Saturday

Infosys board to take 13k-cr buyback call on Saturday The company on April 13 hinted at the buyback during this fiscal (2017-18) up to Rs 13,000 crore. He added that the company was closing the trading window with immediate effect and the trading window will reopen on August 22. The outcome of the Board will be notified to the stock exchanges (BSE and NSE) on the same day. Infosys had liquid assets (cash and short term investments) of over Rs 39,00... Continua a leggere...

B&Q sales dive 7.7% in second quarter

B&Q sales dive 7.7% in second quarter B&Q owner Kingfisher has reported a drop in like-for-like sales for its second quarter, in what the firm said will be a "challenging" year. 'The group continues to adapt to new processes as under its transformation programme and a significant amount of change is planned for the second half while also remaining cautious on the outlook for the business in the United Kingdom and France'. Continua a leggere...

Surveying Shares of Elixir Petroleum Ltd

Surveying Shares of Elixir Petroleum Ltd Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. Shares of Mothercare plc ( LON:MTC ) remained flat at GBX 100.00 on Thursday. Numis Securities has "Sell" rating and GBX 1900 target. About 262,489 shares traded. Continua a leggere...

Cabinet approves new metro rail policy

Cabinet approves new metro rail policy States proposing new Metro projects will be required to indicate in their project report the proposals and investments that would be made for ensuring the last-mile connectivity up to five km on either side of a Metro station through feeder services, mon-motorised transport. Continua a leggere...

Commerzbank Ag Analysts Give Deutsche Telekom AG (DTE) a €18.00 Price Target

Other analysts have also recently issued research reports about the company. UBS AG set a €18.20 ($21.41) target price on shares of Deutsche Telekom AG and gave the company a "buy" rating in a report on Thursday, May 11th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company. The company now has a consensus ratin... Continua a leggere...

Argos tops minimum wage non-compliance list for £1.4m underpayment

Argos tops minimum wage non-compliance list for £1.4m underpayment Retailers featured heavily on the list, as did hairdressing and hospitality businesses, according to the Department for Business, Energy and Industrial Strategy. The government has fined 1200 employers around £4 million and forced them to pay out £6 million to staff since 2013. As well as paying back staff the money owed, employers on the total list have been fined a record £1.9 million by the g... Continua a leggere...

Drugmaker Hikma Sees 2017 Guidance at Lower End, Shares Slide

Drugmaker Hikma Sees 2017 Guidance at Lower End, Shares Slide The company said first half revenue rose 1 per cent to $895 million with the expectation that sales would end the year at the $2b mark after it lowered guidance on the prospects of its generic business. "We remain focused on executing our Generics strategy and we have strengthened the management team and further restructured the cost base to provide a robust and efficient platform to support pipel... Continua a leggere...

After cardiac stents, Centre slashes knee implant prices

After cardiac stents, Centre slashes knee implant prices Similarly, the price of special metals like titanium and oxidised zirconium have been slashed by nearly 70 per cent, to Rs.76,600 from Rs.2.49 lakh. Other category of implants in which special metals like Titanium and Oxidised Zirconium is used, will come down to Rs 76,600 from Rs 2.5 lakh to Rs 4.5 lakh earlier. Continua a leggere...

Black-Jewish staffer files suit against Goldman Sachs alleging racial discrimination

Black-Jewish staffer files suit against Goldman Sachs alleging racial discrimination Rebecca Allen claims she spent almost three years working a potential client relationship with Brent Saunders, the chief executive of Allergen - only to have Christina Minnis , a Goldman investment banking partner, pull her off the relationship last November. Continua a leggere...

Costco must pay jeweler $19 million after selling knock-off 'Tiffany' rings

Costco must pay jeweler $19 million after selling knock-off 'Tiffany' rings It said: "This was not a case about counterfeiting in the common understanding of that word - Costco was not selling imitation Tiffany & Co rings". Costco said in a statement that the decision was the "product of multiple errors" on the part of the judge and vowed to appeal the ruling. Continua a leggere...

Coach, Inc. (COH) Shares Bought by Aperio Group LLC

Coach, Inc. (COH) Shares Bought by Aperio Group LLC Coach Inc (NYSE: COH ) has risen 18.95% since August 16, 2016 and is uptrending. Vanguard Group Inc. now owns 27,983,084 shares of the luxury accessories retailer's stock valued at $1,156,541,000 after buying an additional 1,464,098 shares in the last quarter. Continua a leggere...

Lennox International, Shares Recommendation Trimmed by BidaskClub

Several hedge funds and other institutional investors have recently modified their holdings of LII . Also, the number of investment professionals holding Lennox International Inc in their top 10 positions was flat from 2 to 2 for the same number. Continua a leggere...

Read This: Potential jurors show no mercy to "pharma bro" Martin Shkreli

Read This: Potential jurors show no mercy to The Court: We will excuse Juror Number 52. The Court: Jurors are obligated to decide the case based only on the evidence. Juror No. 1: I'm aware of the defendant and I hate him. The Court: You have negative feelings? 'When I walked in here today I looked at him, and in my head, that's a snake - not knowing who he was. The Court: Ma'am, we're going to excuse you. Continua a leggere...

CEO's quit Trump manufacturing council

CEO's quit Trump manufacturing council Frazier said he was acting on a "matter of personal conscience". The CEOs of athletic wear manufacturer Under Armour and pharmaceutical company Merck resigned Monday from the White House's American Manufacturing Council . "Bigotry, hatred and extremism are an affront to core American values and have no place in this country", said Stephen A. Schwarzman, the chief executive of the private... Continua a leggere...

Infinera Corporation's (INFN) Buy Rating Reaffirmed at MKM Partners

The fund owned 10,000 shares of the communications equipment provider's stock at the end of the second quarter. Envestnet Asset Management Inc. increased its position in Infinera Corporation by 55.2% in the fourth quarter. During the same quarter previous year, the business posted $0.21 earnings per share. On average, equities research analysts forecast that Infinera Corporation will post ($0.... Continua a leggere...

Coca-Cola Company (The) Sees Unusually High Options Volume (KO)

Coca-Cola Company (The) Sees Unusually High Options Volume (KO) Capital World Investors increased its position in shares of Coca-Cola Company (The) by 8.9% in the second quarter. Algert Global LLC now owns 2,442 shares of the company's stock valued at $503,000 after buying an additional 100 shares during the period. Continua a leggere...

Lithia Motors, Inc. (NYSE:LAD) Updates FY17 Earnings Guidance

Texas Permanent School Fund has 0.02% invested in Lithia Motors Inc (NYSE:LAD) for 17,076 shares. BlackRock Inc. now owns 2,901,382 shares of the company's stock valued at $248,504,000 after buying an additional 2,899,477 shares during the period. Continua a leggere...

AMC Entertainment Holdings, Inc. (AMC) PT Lowered to $22.75 at Wedbush

Can boosted its stake in shares of AMC Entertainment Holdings by 241.8% in the first quarter. The fund owned 7,170 shares of the company's stock after buying an additional 6,800 shares during the period. This buyback authorization allows the company to repurchase up to 58% of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its ... Continua a leggere...

German Chancellor Condemns Violence in US City of Charlottesville

German Chancellor Condemns Violence in US City of Charlottesville Martin Schulz, the leader of the center-left Social Democratic party who is trying to defeat German Chancellor Angela Merkel in next month's election, went further, saying on Twitter: "You have to stand up and fight Nazis". Merkel had told broadcaster Phoenix on Monday that clear and forceful action was required to combat right-wing extremism, noting that Germans had also seen a rise in anti... Continua a leggere...


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