Raghuram Rajan's 'inflation warrior' is new RBI governor

The appointment of Urjit Patel as the next RBI Governor signals government's preference for policy continuity and commitment to low inflation, says Japanese financial services major Nomura. Three members of this committee will be from outside the RB... More..

by | Published more than a month ago
Oil prices rise on US weather fears, OPEC speculation
by | Wednesday, August 31, 2016

Oil prices rise on US weather fears, OPEC speculation

Traders and analysts surveyed by The Wall Street Journal expect the EIA to report that crude stockpiles rose by 1.2 million barrels in the week ended August 26, while supplies of gasoline also fell. "Today is...More..

Spirits maker Brown-Forman posts lower 1Q profit
by | Wednesday, August 31, 2016

Spirits maker Brown-Forman posts lower 1Q profit

The spirits company said today that net profits in the three months to the end of July were down by 7%, on a 5% drop in sales. The liquor company that makes Jack Daniel's and other brands posted revenue of $6...More..

Man uses sledgehammer to rescue baby from hot car
by | Wednesday, August 31, 2016

Man uses sledgehammer to rescue baby from hot car

Eckel and Sarah Mazzone, 30, of Howell, are being credited by police with saving the child's life, after they noticed the baby screaming and crying in the back seat of a Nissan Sentra in the Kohl's parking lot ...More..

Police trial prototype facial recognition system at Notting Hill Carnival
by | Wednesday, August 31, 2016

Police trial prototype facial recognition system at Notting Hill Carnival

He also revealed that the number of officers assaulted included eight who needed anti-viral treatment in hospital after being spat at. Police said they had seized 90 offensive weapons while patrolling the event...More..

Why faded stars are eager to take a chance on dance
by | Wednesday, August 31, 2016

Why faded stars are eager to take a chance on dance

Those other contestants include another Olympian - and one who didn't disgrace herself: gymnast Laurie Hernandez. "I know she's got a couple of gold medals and I'd love to get her a gold mirrorball", Chmerko...More..

Cisco Systems, Inc. (NASDAQ:CSCO) Updated Price Targets
by | Wednesday, August 31, 2016

Cisco Systems, Inc. (NASDAQ:CSCO) Updated Price Targets

The stock was sold at a price of $30.44, for a total worth of $761,731. The corporation holds 133.40 million outstanding shares and its 130.54 million shares were floated in the market. Now shares have been rat...More..

by | Wednesday, August 31, 2016

Freeport-McMoRan Inc.'s (FCX)

In the past 5 years, the stock has earnings growth rate of -31.06% per annum while the Upcoming 5 year's earnings growth rate is expected to be -38.43% per annum. JNJ market capitalization is 328.09B with 12710...More..

by | Wednesday, August 31, 2016

France demands end to TTIP negotiations

Current Transatlantic trade talks should be halted and a new set started, France's trade minister said yesterday, adding his voice to German calls for an end to the negotiations. But he too said it would be har...More..

by | Wednesday, August 31, 2016

President Obama commutes prison sentence of CSRA man

I would insist, 'Listen to me. "We absolutely expect that the President will raise concerns about some of the recent statements from the President of the Philippines", White House Deputy National Security Adv...More..

Rouhani: Iran's oil export reaches pre-sanctions level
by | Wednesday, August 31, 2016

Rouhani: Iran's oil export reaches pre-sanctions level

Limiting production will have a positive impact on the market, according to Saudi Arabia's Energy Minister Khalid Al-Falih who still rules out cutting output. October Brent crude LCOV7, +0.66% on London's ICE F...More..

by | Wednesday, August 31, 2016

Best stocks of the day: Applied Materials, Inc. (NASDAQ:AMAT)

The insider owns 926,158 shares as of May 27, 2015, now worth $27756955. It looks like Applied Materials, Inc . The Corporation has a Mean Rating of 1.74 based on the Reuters Analysts consensus issuing ratin...More..

Pending US home sales strengthen in July
by | Wednesday, August 31, 2016

Pending US home sales strengthen in July

Pending home sales in both the Northeast and South also rose by 0.8 percent, while pending sales in the Midwest slumped by 2.9 percent. That is 1.4 percent higher than last July and is second-highest reading th...More..

by | Wednesday, August 31, 2016

Researchers discover new planetary neighbour for Earth

Dr Guillem Anglada-Escude, also of QMUL, who led the worldwide research team, told New Scientist: "I think of [it as] something like Mars, as it is under a red sun". Magnetic fields and an atmosphere offer a pl...More..

Apple's effective Irish tax rate of 0.005% described as 'brazen' and 'unsustainable'
by | Wednesday, August 31, 2016

Apple's effective Irish tax rate of 0.005% described as 'brazen' and 'unsustainable'

Today's cabinet meeting comes after the commission's ruling that Ireland granted as much as €13 billion in state aid to Apple by illegally slashing the iPhone maker's tax bill. Due to Apple's decision to re...More..

Will Valeant Pharmaceuticals Intl Inc Survive Another Blow?
by | Wednesday, August 31, 2016

Will Valeant Pharmaceuticals Intl Inc Survive Another Blow?

Many analysts are providing their Estimated Earnings analysis for Valeant Pharmaceuticals International , Inc. and for the current quarter 16 analysts have projected that the stock could give an Average Earnin...More..

by | Wednesday, August 31, 2016

USA stocks mixed after Yellen says picture firming for rate hikes

In sum, Yellen opened the door for a September rate hike with the same hedges she's used in the past. "Our expectation is September is probably still off the table but most likely the next increase in Decembe...More..

by | Wednesday, August 31, 2016

No back-door moves to keep Britain in Europe: British PM

In what was virtually a reading of the "riot act" to her own front bench team, May told ministers: "We must continue to be very clear that "Brexit means Brexit", that we're going to make a success of it". May a...More..

Genesys to acquire Interactive Intelligence for United States dollars 1.4 bln
by | Wednesday, August 31, 2016

Genesys to acquire Interactive Intelligence for United States dollars 1.4 bln

The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. "Our combined product portfolio will provide the broadest s...More..

US Fed Vice-Chairman Fischer Job Market 'Very Close' to Full Strength
by | Wednesday, August 31, 2016

US Fed Vice-Chairman Fischer Job Market 'Very Close' to Full Strength

Gold prices are lower this morning after a hawkish early morning interview by Federal Reserve Vice Chairman Stanley Fischer, where he said the usa job market was near full employment. GBP/USD is supported i...More..

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