Money

Ripple surges to No. 2 in cryptocurrency race

Ripple surges to No. 2 in cryptocurrency race

According to The Telegraph , the Bank of England is plotting the issuance of its own bitcoin-style digital currency. If we compare Bitcoin with Ripple XRP, Bitcoin started the year with the value of $1000 but managed to reach the ceiling of $20000 after which the slow decay started which eventually brought the prices back to the equilibrium price of $15000. Read More

Continue Reading »

Sensex, Nifty rally; TCS, Tata Motors gain

Sensex, Nifty rally; TCS, Tata Motors gain

Nifty closed at 10,530.70 points, up 0.5%, while Sensex gained 0.62% to close at 34,056.83 points today. The year has rewarded investors with a 28 per cent rise in the Sensex even as the market cap of all the listed companies on the BSE rose a whopping Rs 45 lakh crore to around Rs 1,51,73,867 crore. Read More

Continue Reading »

Cypress Capital Group Purchases Shares of 7008 Applied Materials, Inc. (NASDAQ:AMAT)

Horrell Capital Management Inc increased its stake in Ericsson Lm Tel (ERIC) by 180% based on its latest 2017Q3 regulatory filing with the SEC. Fulton Bank acquired 12,862 shares as Applied Matls Inc ( AMAT)'s stock rose 23.58%. Keeping an eyeball on Gross profit Margin , Net profit Margin & Operating Margin , the Gross profit margin of 37.40%; the net profit margin of -3.00% while its Operating margin was -2.70% for Square, Inc. Read More

Continue Reading »

Apple's Tim Cook Gets 74% Bonus Boost After Sales, Profit Rebound

Apple's Tim Cook Gets 74% Bonus Boost After Sales, Profit Rebound

Taking into account a previously disclosed performance-related shares award of $89.2 million, Mr Cook's total package for the year rises to about $102 million. Apple gave its CEO a salary bump as sales and profit picked up this year. "I couldn't be more excited about Apple's future", said Cook during a call with analysts to discuss the company's quarterly earnings in November . Read More

Continue Reading »

Mega Millions, Powerball both top $300M as 2017 nears end

Mega Millions, Powerball both top $300M as 2017 nears end

Powerball's drawing is Saturday at 10:59 p.m. ET. This is only the second time in the USA lottery players have had a choice of jackpots worth more than $300 million each, according to financial website CNBC . "It's the second time in history that both jackpots are over $300 million at the same time", he said. The odds of winning the Powerball drawing are 1 in 292.2 million. Read More

Continue Reading »

Sheriff's office employees offering free sober rides on New Year's Eve

Sheriff's office employees offering free sober rides on New Year's Eve

In addition, Metro will add service to its night routes. "Obviously we want to avoid someone making a destructive decision and why not allow one of the Valley's best options for transportation get you somewhere for free", Fritcke said. The Seattle Streetcar will operate until 1 a.m. Fritcke suggests, if you plan on riding the bus or light rail downtown, get off at the Central and Van Buren station. Read More

Continue Reading »

Traders Buy Shares of Cognizant Technology Solutions (CTSH) on Weakness

The stock decreased 1.19% or $0.04 during the last trading session, reaching $3.31. Given that liquidity is king in short-term, DHR is a stock with 687.1 million shares outstanding that normally trades 0.86% of its float. $2.30 million worth of Cognizant Technology Solutions Corporation (NASDAQ: CTSH ) was sold by Mehta Rajeev . Analysts await Murphy Oil Corporation (NYSE:MUR) to report earnings on January, 24. Read More

Continue Reading »

SoftBank Succeeds in Tender Offer for Large Stake in Uber

SoftBank Succeeds in Tender Offer for Large Stake in Uber

Softbank will invest $1 billion into Uber in hopes of ridding investor concerns the tender offer lowers the value of remaining shares, the Wall Street Journal reported . Kalanick. "The stockholders did the smart thing". Erik Gordon, an entrepreneurship expert at the University of Michigan's Ross School of Business, told Reuters the stockholders did the smart thing. Read More

Continue Reading »

Martin Shkreli's Former Lawyer Found Guilty Of Fraud

Martin Shkreli's Former Lawyer Found Guilty Of Fraud

Rohde, an acting U.S. attorney. As many already know, Martin became the most hated man after he started his own pharmaceutical company, Turing Pharmaceuticals AG, and sold life-saving medicine for 5,000 times the price. Evan Greebel was convicted yesterday of conspiracy to commit securities fraud and conspiracy to commit wire fraud following an 11-week trial in NY, the US Department of Justice said in a statement . Read More

Continue Reading »

MGM Resorts International (NYSE:MGM)

Fedex Corp now has $67.00 billion valuation. The stock price is showing discouraging image with current unsupportive move of -3.15% at trading price of $20.90. CrestPoint Capital Management LLC now owns 18,300 shares of the company's stock valued at $501,000 after buying an additional 600 shares during the last quarter. Read More

Continue Reading »

American Airlines apologises for kicking basketball stars off flight

American Airlines apologises for kicking basketball stars off flight

A flight attendant questioned the players which led to a heated exchange. Per Raw Story , the team's assistant coach, Darnell Lazare , expressed his disgust with the flight attendant. "We have today taken the action of issuing national advisory alerting travelers - especially African-Americans - to exercise caution, in that booking and boarding flights on American Airlines could subject them [to] disrespectful, discriminatory or unsafe conditions". Read More

Continue Reading »

Analysts See $1.45 EPS for Alibaba Group Holding Limited (BABA)

Analysts See $1.45 EPS for Alibaba Group Holding Limited (BABA)

Reilly Financial Advisors Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $441.50B market cap company. BABA's profit will be $3.72B for 29.67 P/E if the $1.45 EPS becomes a reality. After $1.02 actual earnings per share reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 42.16% EPS growth. Read More

Continue Reading »

Top Miss America Officials Resign After Leaked Emails

Top Miss America Officials Resign After Leaked Emails

A Miss America Organization spokesman confirmed to ABC News that the board also received and accepted the resignation of the president, Josh Randle , earlier Saturday. "She has been part of Atlantic City's history since 1921, and she will always be part of our history". For the good of the organization, they must step away. Read More

Continue Reading »

Cornyn Says Tax Bill Mandate Repeal Makes Obamacare 'Unworkable'

Cornyn Says Tax Bill Mandate Repeal Makes Obamacare 'Unworkable'

Seema Verma, the head of the Centers for Medicare and Medicaid Services, which oversees the federal marketplace, tweeted next year's Obamacare enrollment numbers a week after the open enrollment period for 2018 coverage ended. Not only was the sign-up period reduced by half, but the Trump administration also dramatically cut funding for advertising and enrollment aid . "By eliminating the individual mandate in the tax bill we have pulled one of the pillars of Obamacare out". Read More

Continue Reading »

Are Analysts Bearish The Blackstone Group LP (NYSE:BX) After Last Week?

Global Thematic Partners LLC purchased a new position in shares of Blackstone Group in the second quarter worth $57,533,000. The stock increased 0.39% or $0.07 during the last trading session, reaching $18. They expect $3.89 earnings per share, up 15.43% or $0.52 from last year's $3.37 per share. Finally, Sandy Spring Bank raised its holdings in shares of Blackstone Group by 93.4% during the third quarter. Read More

Continue Reading »

Amtrak engineer noted high speed just before crash

Amtrak engineer noted high speed just before crash

But authorities did not provide a transcript of what he said, saying only in a summary that "about six seconds prior to the derailment, the engineer made a comment regarding an over speed condition". The National Transportation Safety Board confirmed that safety technology that would have automatically slowed the train was not installed. At least six people were killed when several train cars plunged from the bridge. Read More

Continue Reading »

MediaTek, peers to launch 5G NR

A recent report from Fierce Wireless claims that the 3GPP, the organisation governing cellular standards, has officially signed off on the first specification for 5G at meeting in Lisbon Portugal. After these discussions and filing of the specification of the 5G network, it will be a turning point for the running of 5G as a commercial or personal network of next generation. Read More

Continue Reading »

LG announces '5K ultrawide' HDR monitor

LG announces '5K ultrawide' HDR monitor

For something a little more down to earth, the 16:9 32-inch LG 32UK950 offers a 4K resolution with high dynamic range (HDR) support, hitting the HDR600 certification for monitors. LG also plans to unveil the 34WK95U, another HDR 600 monitor, this time a flat 34-inch 5K (5,120x2,160) Nano IPS display with a 21:9 aspect ratio, which is expected to raise the standards in the monitor screen market. Read More

Continue Reading »

Saskatoon's Emily Clark makes Canada's Olympic women's hockey team

Saskatoon's Emily Clark makes Canada's Olympic women's hockey team

She tallied two goals, 10 assists and a plus-46 during that campaign. Canada has won four consecutive gold medals in women's hockey. The Canadian Women's Olympic Hockey Team also features: 14 players who won the gold medal at the 2014 Olympic Winter Games in Sochi, Russia; six players who won the gold medal at the 2010 Olympic Winter Games in Vancouver, B.C.; and one player who won the gold medal at the 2006 Olympic Winter Games in Turin, Italy. Read More

Continue Reading »

Shoppers search for last minute gifts ahead of wintry mix

Shoppers search for last minute gifts ahead of wintry mix

The road and rail networks in many countries of the world are expected to be stretched to bursting point today, and when you factor into the equation that many people still haven't done their Christmas shopping, you have the recipe for travel chaos around the world! The countdown to Christmas day is on and thousands are rushing to get those gifts bought and put under the tree. Read More

Continue Reading »

London Zoo fire injures 9 people, kills Misha the aardvark

London Zoo fire injures 9 people, kills Misha the aardvark

A cafe, including an animal petting area, and gift shop are said to be "currently alight". News reports that one person was taken to a local hospital and eight others were treated at the scene. Dominic Jermey, director general for ZSL, said some staff were treated for smoke inhalation and shock. London Fire Brigade station manager David George said the cause of the fire hasn't been established. Read More

Continue Reading »

Deutsche Bank Initiates Coverage on The Coca-Cola (KO)

Deutsche Bank Initiates Coverage on The Coca-Cola (KO)

The stock decreased 0.79% or $0.39 during the last trading session, reaching $48.72. About 5.41M shares traded. KO's total short interest was 25.87 million shares in December as published by FINRA. (NASDAQ:VSAR) earned "Equal-Weight" rating by Morgan Stanley on Friday, September 22. The firm has "Hold" rating given on Tuesday, August 22 by Cowen & Co. Read More

Continue Reading »

Salvation Army In Springfield Behind On Campaign Goal

Salvation Army In Springfield Behind On Campaign Goal

For non-profits like the Salvation Army , though, the lack of cash-on-hand is leaving them coming up short. They set up kitchens. There are two days left in the campaign and donations are being accepted in four ways. "The Salvation Army is extremely grateful for the Phoenix Convention Center, our corporate partners, generous donors and dedicated volunteers... all without whom this dinner would not be possible". Read More

Continue Reading »

An HR Expert Describes Pay Disparity

An HR Expert Describes Pay Disparity

Kennedy's wife, Lauren Scruggs, also posted on Instagram to defend her husband. I believe in female empowerment and gender equality, but it is heartbreaking that a network (that truly cares about its employees) is being deemed as sexist when that is simply not true. Read More

Continue Reading »

Bitcoin value plunges in a day

Bitcoin value plunges in a day

These two ETFs will allow the traders to bet on the volatility of the Bitcoin Futures Contracts. "The fund intends to achieve its investment objective by investing , under normal circumstances, in bitcoin futures contracts traded on the CME and/or CBOE futures exchanges and swaps on bitcoin futures contracts that trade on the CME and/or CBOE future exchanges (the "Bitcoin Futures Contracts")", per the prospectus. Read More

Continue Reading »

Major Companies are Excluding Older Workers from Job Ads through Facebook

Major Companies are Excluding Older Workers from Job Ads through Facebook

Is this OK? According to the Age Discrimination in Employment Act of 1967 , it probably isn't, because showing age bias when hiring is not lawful, according to the act. Facebook COO Sheryl Sandberg - also of Jewish origin - later apologised, saying the company is now strengthening its ad policies. In the wake of revelations that Facebook, along with a half-dozen other tech platforms, was weaponized by foreign operatives to sway the 2016 election, early employees have lamented the monster ... Read More

Continue Reading »

The Valeant Pharmaceuticals International, Inc

Matthew Halbower decreased its stake in Valeant Pharmaceuticals Intl ( VRX ) by 14.6% based on its latest 2017Q2 regulatory filing with the SEC. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Read More

Continue Reading »