Business

News

The Coca-Cola Company (NYSE:KO) Earns Average Broker Rating Of Hold

The Company's brand Coca-Cola products include Coca-Cola , Coca-Cola Zero and Coca-Cola Light brands. The stock has a market capitalization of $178.69 billion, a P/E ratio of 25.12 and a beta of 0.65. P/E provides a number that details how many ...

Oil-output cuts going better than expected, OPEC says

A committee of OPEC and non-OPEC countries responsible for monitoring compliance with a global agreement to reduce oil output is set to meet for the first time in Vienna on Sunday. Worldwide oil prices rose to an 18-month high of more than $58 a barr...

Procter & Gamble Co (PG) Stock Spikes on Earnings Beat

This number is based on a scale from 1 to 5. Following Earnings result, share price were UP 15 times out of last 27 Qtrs. The firm's 50-day moving average price is $83.85 and its 200 day moving average price is $85.85. The sale was disclosed in a f...

YES Bank net up 30.6% at Rs 882 crore in Oct-Dec

Yes Bank's Gross NPAs increased 9.73% to Rs 1005.85 crore at the end of the December quarter, over the preceding quarter. Deposits grew about 16% to Rs 27,750 crore. Net interest income-the difference between interest earned and interest expended- ...

Pearson sees shares fall by a massive 30 per cent

The company plans to boost the share of digital revenue in the USA higher education division-Pearson's biggest and most profitable-to 75 percent by 2020 from 50 percent now, including by working with more institutions to sign up large blocks of stude...

Glass manufacturer Luxottica merges with lens manufacturer Essilor

Leonardo Del Vecchio , Luxottica's executive chairman, and Hubert Sagnières, Essilor's chairman and CEO, would be co-leaders of the new eyewear giant, the companies said . Delfin will sell each of its Luxottica shares to Essilor in exchange ...

Analyst Research Summary: General Motors Company (NYSE:GM)

The insider owns 210,354 shares as of less than 0.1%, now worth $7856721.9. Subject to the approval of the Board of Directors, the company will make distributions totaling about $2.8 billion in 2017. The quarterly distribution represents an annualize...

Charlie McAvoy shines in Team USA win over Canada

It was a thrilling back-and-forth game that needed overtime and, eventually, a shootout to be decided. "Night after night, I did everything I could to help my team and represent my country as best as I could". Le Centre Bell rocked once again, as the...

Rush hour Rail Road derails in NY injuring at least 20

A Metro North passenger train headed for Manhattan derailed in December 2013 while taking a sharp curve at high speed, killing four and injuring 67, 11 critically. Two cars came off the track, and a piece of the rail pierced the bottom of one of thos...

Xerox Corporation (NYSE:XRX)

The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/01/03/j-p-morgan-chase-co-upgrades-xerox-corporation-xrx-to-overweight.html. Several hedge funds have recently bought and sold shares of the stock. LLC ra...

Walgreens, Rite Aid to Sell Stores to Fred's for Merger Approval

A news release says Fred's will retain the Rite Aid workers. Hundreds of Rite Aid stores will be sold to a group called Fred's Pharmacy. Back in October 2015, Walgreens agreed to buy Rite Aid for $9 per share. "We believe the purchase o...

Corpus Christi Water Ban Lifted Fully After EPA Testing

Another spokeswoman for the city, Deanna McQueen, said the leak first came to light Wednesday when workers at the refinery discovered the water coming from its faucets had a sheen. City officials have met with the industrial district property owner...

Platinum Partners execs charged in $1B fraud

They were "engaged in one of the largest and most brazen investment frauds perpetrated on the investing public", said Brooklyn U.S. Attorney Robert Capers . There was no immediate information on an attorney who could comment on Nordlicht's behalf. B...

One billion accounts exposed in newly discovered security breach

Verizon had said it would reevaluate the Yahoo deal after the first hack, and said the same Wednesday after the latest revelation. The Sunnyvale, California, company was also home to what's now most likely the second largest hack in history, one ...

Indonesia Keeps Benchmark Rate Unchanged as Rupiah Slumps on Fed

President-elect Donald Trump becomes clearer. This comes as Mozo's database has seen 24 providers hike fixed interest rates on mortgages this month alone, despite the RBA having kept the cash rate on hold since August. election in November, giving ...

I want to play on the same team with Messi - Ronaldo

Cristiano Ronaldo has never been shy of showing off his many trophies and achievements - to the extent of founding a museum in his own honour on his home island of Madeira. "He's brought a change in mentality, not only goals, and is a very ambitious ...

Najib praises Modi, calls him a 'good reformist'

In his address Modi pointed out, "India is now witnessing an economic transformation. Prime Minister Narendra Modi on Wednesday invited Asian corporates to invest in India saying it is an opportune time for business to invest in the country.

Greencore Group PLC (LON:GNC) Receives Buy Rating From Berenberg Analysts

The company now has a consensus rating of "Hold" and an average price target of GBX 1,058.36 ($13.45). Novae Group Plc (LON:NVA) has earned a consensus recommendation of "Buy" from the seven analysts that are covering the company. and global tradem...

Airtel launches new tariff plans to compete with Jio's free services

The unlimited voice and video call remains the same. Similar to the Idea's plans, Airtel is offering two packs, priced at Rs 145 and Rs 345. The pack will also be offering 50 MB data along with free Airtel to Airtel calls across India to ...

Sensex pares gains, ends marginally higher; Nifty tops 8250

The Nifty was up 0.13 percent at 8,257.30 by 0535 GMT, while the Sensex was 0.25 percent higher at 26,760.09. The gauge gained 118 points in the previous volatile session yesterday in anticipation of a rate cut by RBI. Foreign portfolio investors (...

Search

Breaking News

Walmart Black Friday 2017 ad leaked

Walmart's Black Friday deals will begin on Thanksgiving. Black Friday ad not online yet. Want to see other Black Friday deals? There's one big benefit to Best Buy's offe...

European Commission raises GDP growth forecasts

The EU economy as a whole is also forecast to beat expectations and reach robust growth rates of 2.3 pct this year (up from growth forecasts of 1.9 pct in the spring). "The governm...

Ford recalls 1.3M F-150, Super Duty trucks in North America

A frozen latch found in these vehicles may cause doors to not open or close correctly. Reuters reported that Ford has recalled over 5 million vehicles since 2016 that had issu...

Spurs sign LaMarcus Aldridge to three-year, $72.3 million extension

The kinks the two sides have been trying to work through had league observers believing Aldridge might not be long for San Antonio . He came from Portland, where he had spent ye...

Is Buying Bank of America Corporation (NYSE:BAC) Here Good Idea?

Bank of America said the slowdown was "driven by less favorable market conditions across credit-related products, as well as lower volatility in rates products". Stockholders of re...

Retail inflation at 3.28% in September

According to preliminary data released by the Central Statistics Office on Thursday, the consumer price index ( CPI ) increased 3.28 per cent year on year against the August number...

US Academic Richard Thaler Wins Nobel Economics Prize

In fact, he co-authored a book, Nudge , Improving Decisions About Health, Wealth and Happiness, which became a best-seller . "People make a lot of mistakes in important decisions...

Former UK PM would be questioned over rape

But it does not reach a conclusion on whether the allegations were in fact true. The investigation dealt with 42 claims in total. . He is also being looked at by Operation Whi...

Tata wins bid to make electric cars for Indian government

But GM said its promise takes this commitment a step further, NBC News reported. General Motors plans two all-new electric vehicles for release in the next 18 months, the fir...

Air France flight makes emergency landing after engine blowout

Passengers were horrified when the engine fell apart following a "loud thud" and "vibration". Air France confirmed the incident but offered few details, saying passengers were ...

Special Reports

Commitment shown by OKC has been 'off the charts — Paul George

Commitment shown by OKC has been 'off the charts — Paul George

Until Durant's free-agency flight to Golden State previous year , he and Westbrook were OKC teammates for eight seasons. It just so happens that reigning MVP and Thunder guar...

Volkswagen to take €2.5bn hit from emissions scandal

Volkswagen to take €2.5bn hit from emissions scandal

Munich prosecutors have named the person taken into custody as Wolfgang Hatz, former board member at VW unit Porsche . So the brands lose a champion on that front, while other hig...

Uber's New 'Good Cop' Tack Will Face Test in City Tussles

Uber's New 'Good Cop' Tack Will Face Test in City Tussles

The mayor of London , Sadiq Khan , who had initially accused Uber of responding to the decision with aggressive threats, said he welcomed the apology and supported the idea o...

Uber Boss Responds To Ban And Petition — Exclusive Interview

Uber Boss Responds To Ban And Petition — Exclusive Interview

Record-breaking numbers have now signed a petition calling for Transport for London to reverse its decision to strip Uber's licence in the capital. He further tweeted an ap...

Asian Shares Mostly Lower As Fed Turns Hawkish

The Fed statement on the unanimous decision following its two-day policy meeting was little changed from previous statements, reaffirming that officials expect the economic recov...