Business

Analysts Estimates and Ratings: Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Cognizant Technology Solutions Corporation had its "buy" rating reiterated by analysts at Cantor Fitzgerald. Needham & Company LLC reaffirmed a "buy" rating and issued a $68.00 target price on shares of Cognizant Technology Solutions Corp.in a report on Sunday, October 2nd.

Business

Tesla, SolarCity Get Approval for Merger

Last month Tesla took the wraps off the company's latest efforts, solar roof tiles . He unveiled handsome solar roof tiles that look like typical shingles, along with an updated version of Tesla's home battery. Musk owns 22 percent of both companies. The merger concept comes out as the solar energy business slows down. As of September 30, SolarCity had US$259.3 million in cash and cash equivalents and US$6.68 billion in total liabilities, including debt.

Business

Trump's alt-right-Jewish alliance

Quite to the contrary. Bannon also acknowledged that the alt-right movement, which Breitbart champions, has appeal to white supremacists and anti-Semites, according to an interview he gave to liberal magazine Mother Jones at this year's Conservative Political Action Conference.

Business

Volkswagen to shed 30000 jobs, cutting costs after scandal

The job cuts will come through early retirement and not replacing workers that leave. It also allows the carmaker to create more jobs in future-oriented technologies by retraining workers at traditional factories and hiring software engineers and battery specialists.

Business

Hate Crimes Up. Civil Rights Groups Condemn Trump Appointment of White Nationalist

Jason Miller, a spokesman for Trump's campaign, defended Bannon to reporters at Trump Tower on Wednesday. As one of your top advisers, the White House chief strategist will help set the tone for your administration. It is a website that Bannon calls "the platform for the alt-right", referring to the online movement by Americans to break the current political system and influxes in racism and anti-Semitism.

Business

Cloud mall locked down after report of male with a gun

Chief Dave Bentrud says they are asking for your help if you were at the mall and saw anything that happened in the parking lot near the food court entrance around 6:30 p.m. Both were last seen entering the food court in the mall. On September 17th, Dahir Adan dressed himself in a security guard's uniform and attacked 10 people with a knife before he was shot and killed by an off duty police officer.

Business

Experts Analysis: Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA)

Other large investors have also bought and sold shares of the company. Finance.Yahoo.com 's article titled: "TEVA: Summary for Teva Pharmaceutical Industries - Yahoo Finance" and published on July 13, 2016 is yet another important article.

Business

Americans look to New Zealand and Australia to flee Trump

TORONTO (AP) - Canada's ambassador to Washington said Wednesday that Canada is open to renegotiating the North American Free Trade Agreement if that's what President-elect Donald Trump wants. In the wake of Trump's upset win over Hillary Clinton, searches for New Zealand property from the United States has skyrocketed, and Canada's immigration website crashed.

Business

Dollar gains on speculation rates will rise

Louis Fed president has advanced the argument that the US economy is in a low-rate "regime, " where productivity growth and the economy's potential to grow rapidly are subdued. Federal Reserve Chair Janet Yellen testifies before Congress this week on the economy in a hearing that should clarify whether the Fed remains on track to hike interest rates next month after Donald Trump's win in the presidential race.

Business

Dollar hits 14-year high as market anticipate Trump spending boom

Federal Reserve Chair Janet Yellen said Thursday that the Fed could raise interest rates "relatively soon". Fed chairwoman Janet Yellen has been insistent that the political climate has no bearing on the central bank's decision and thus the upcoming three weeks of U.S.

Business

Israeli ministers vote to legalise settlement in West Bank

The U.S. State Department called a controversial Knesset bill that would legalize some unauthorized West Bank outposts a " troubling step " and "corrosive to the cause of peace". Before becoming law, the bill will have to pass through three readings in parliament, and also be approved by the Supreme Court. Jewish settler children play next to a road in Amona, an unauthorized Israeli outpost in the West Bank, east of the Palestinian town of Ramallah, on May 18.

Business

Automaker Volkswagen to cut 30000 jobs

The German car-maker also said that it would invest €3.5 billion to transform the brand and its German plants, Reuters added. It has agreed to pay $14.7 billion under a settlement with USA authorities and owners of 500,000 affected vehicles.

Business

Boosted by "Trump rally", Dow hits new record

The post-election rally has been driven by investors reassessing their views on a Trump presidency and beginning to focus on the growth-friendly positives for the economy, such as fiscal spending, lower taxes and less regulation of businesses.

Business

Five Utah high school students stabbed

He says the stabbing happened in the gym area shortly before 8 a.m.in Orem, about 40 miles south of Salt Lake City. He and the victims were transported to local hospitals, the district said . Counselors and social workers were made available at the school. Police and school officials have said the suspect is a straight-A student with no record of disciplinary action against him who was in his first year at the high school after being home-schooled.

Business

NZ dollar falls as certainty grows for United States rate hike in December

Yellen is also sure to be asked about President-elect Donald Trump's plans for tax cuts and infrastructure spending - and their likely effects on government deficits. "A rate hike in December is a done deal, barring a significant surprise in the next jobs numbers or in financial markets", said Jonathan Wright, an economics professor at Johns Hopkins University in Baltimore and a former Fed economist.

Business

Scherzer named NL Cy Young victor

Only 17 pitchers in baseball history have won the Cy Young Award twice. She also criticised Porcello on his victory, writing "Sorry Rick but you didn't get any first place votes?" Porcello won even though Verlander earned more first place votes on the ballot, with 14 to eight.

Business

Police Say Shooting At Oklahoma City Airport Was 'Premeditated'

Paco Balderrama said at a news conference this morning. "Our Southwest family is grieving, as we are deeply saddened by the loss of our family member". Passengers who were on planes or in the airport are being bused to the cell phone parking lot near SW 67th Street and Terminal Road. A robot determined Buie was dead and the all-clear was given.

Business

Modi rejects opposition demand for demonetisation rollback

Speaking about the government's move to denotify high denomination notes, PM Modi said that the majority of the people in India slept peacefully on 8 November, when the announcement was made, but " some are sleepless even now". To show that the NDA was united, the government made leaders of various parties speak to media in support of demonetisation . Unsurprisingly, the hardest hit are the always the poor.

Business

Merkel aims to 'serve people of Germany' as 4th term looms

A Merkel re-election bid, which polls indicate would have a strong chance of succeeding, will be welcome news in many capitals seeking an anchor of stability after the dual shocks of Brexit and Donald Trump's election as U.S. France's Hollande is grappling with record low approval ratings ahead of next May's election that could see far-right candidate Marine Le Pen reach the second round run-off vote, or even win outright.

Business

This App is Helping People find Working ATM Machines and Cash

Since the machines are all dry, unable to dispense any cash, and in the coming days will be dispensing only ₹100 notes, if at all, expect very long lines. The situation is straight out of a dystopic sci-fi series already and anyone on the lookout for a functional ATM must feel quite like Captain Ahab from Moby Dick .

Business

People continue to battle cash crunch in banks, ATMs

But considering the high demand and serpentine queues at all ATMs, they keep running out of cash. Now if the combined deposits into an account exceeds of Rs 2.5 lakh during the currency exchange period, a PAN card becomes mandatory. New notes are being printed, officials say, and those notes are being distributed to banks and ATMs as fast as possible. Others have used a range of ploys, from buying expensive train tickets that can be refunded later, to getting fake receipts, backdated to ...

Business

China's Singles Day crushes Black Friday online sales by $13 billion

The 24-hour event saw shoppers spend 91.2bn renminbi in just over 15 hours, surpassing last year's total. According to Internet industry research agency iResearch, China's online shopping market's sales volume was 1.1 trillion yuan in the second quarter, up by 27.6 percent from the same period a year ago.

Business

Talk of euro parity returns as dollar grinds higher

Fed chairwoman Janet Yellen testified before Congress that signs of an improving US economy has strengthened the case for a rate increase sooner rather than later. Yellen is also sure to be asked about President-elect Donald Trump's plans for tax cuts and infrastructure spending - and their likely effects on government deficits.

Business

My Turn - Electoral College confusing but worthwhile

Gallup said Trump's ratings lag behind those of other presidents-elect in large part because Democrats' views of him are much worse than the opposition party's supporters' ratings have been in the past. Under the legislation introduced Wednesday, the victor of presidential elections would be determined by the outcome of the popular vote. The idea here is to exploit an odd ambiguity in the Electoral College .

Business

Marvell Technology shares climb after earnings beat

Shares of Marvell Technology Group Ltd . (NASDAQ:MRVL) now have an ABR of 2.40, derived from a total of 15 opinions. The stock changed +16.41% across its SMA 200 of $11.48 with positive trend and moved upside +2.61% it's SMA 50 of $13.02.

Business

Dakota Access oil pipeline developer won't consider reroute

Famous faces such as Shailene Woodley have been protesting in North Dakota since August. "They're about as thin as they can get", Carlson said. Elizabeth Henry, a freshman psychology major, said she was on her way to class when she saw the protest starting up on Sanford Mall and chose to join .

Business

VW to present new brand strategy in coming weeks: VW brand chief

Volkswagen has announced plans to cut 30,000 jobs worldwide with about 23,000 of the losses borne in Germany, BBC News reports. This compromise leaves the profitability at the carmaker still lagging behind its rivals. Last month Volkswagen said it might have to eliminate as many as 25,000 positions from its global workforce of 624,000 in the coming years. "At Volkswagen , we are taking our future into our hands".

Business

Tigers' Justin Verlander falls short of 2016 AL Cy Young

The difference in Porcello's favor was the number of second place votes (18) that he received and the two voters that left Verlander off their entire ballots. He got 14 first-place votes, but didn't draw as much support across the board - he was left off two ballots, too. Kate Upton called out every baseball writer who didn't vote for Justin Verlander for the AL Cy Young .

Business

World shares mixed, dollar up as markets factor in Fed hike

The Australian dollar lost ground against its major counterparts in the European session on Thursday amid risk aversion, as a stronger dollar owing to upbeat US data and hawkish comments from Fed Chair Janet Yellen pulled down commodities.

Business

Protesters opposed to Dakota Access Oil Pipeline march in Dallas

Protesters met at City Hall before marching down Market Street and stopping in front of the U.S Army Corps of Engineers offices. It was one of hundreds of demonstrations around the country Tuesday in solidarity with the Standing Rock Sioux tribe in North Dakota.

Business

Argyll Research Lowers stake in Enterprise Products Partners L.P. (EPD)

The forecast of 24 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The firm touched its 52-Week high on Jul 14, 2016 and 52-Week low on Jan 20, 2016. The ex-dividend date of this dividend was Thursday, October 27th. The stock was bought at an average cost of $25.27 per share, for a total transaction of $101,080.00.

Business

House Republicans nominate Paul Ryan for speaker, with Donald Trump's support

Ryan was under pressure from some Trump supporters and members of the House Freedom Caucus who claimed his rocky relationship with Trump was hurting Republicans' chances. The fact of the matter is that Trump and Ryan are going to need each other, and in all likelihood they're going to agree a lot more than they disagree.

Business

Migrant visa spat overshadows May's India trade visit

Although Britain can not sign any bilateral trade deals until it has left the European Union-most likely in 2019-May's visit is seen as signaling a desire to get the ball rolling as early as possible. Members will be offered an individual account manager to make the visa service "swift and smooth" as Britain seeks to convince wealthy Indians to travel to the United Kingdom with their families and invest.

Business

S&P 500 index climbs after Yellen remarks boost bank stocks

Investors have put nearly total odds on a rate hike by the US Federal Reserve next month and Federal Reserve chair Janet Yellen told the Congress Joint Economic Committee that the case for a hike had strengthened. The rupee took a sharp plunge of 32 paise to crash below the 68-mark against the United States dollar in early trade on Friday on higher dollar demand from importers after the American currency strengthened overseas coupled with lower opening in the domestic stock market.

Business

First Interstate Bank Lowers stake in Baker Hughes Incorporated (BHI)

Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.25 to $0.00. The Hedge Fund company now holds 2,156 shares of BHI which is valued at $128,002. The disclosure for this sale can be found here. BHI's value Change from Open was at 0.53% with a Gap of -0.28%. Finally, Stephens upgraded Baker Hughes from an equal weight rating to an overweight rating in a report on Tuesday, October 25th.


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