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European Stocks Close to All-Year High

Europe was also mixed as German authorities continued to hunt for the key suspect in Monday's attack in Berlin-the country's Dax slipped 0.11% while France's Cac gained 0.02% and the FTSE in Londo 0.32%. "That suggests maybe the start of the New Year will be a reality check time". Apple (AAPL.O) fell 0.66% after Nokia (NOKIA.HE) said it had sued the iPhone maker for patent infringement.

Business

Income Tax grills Hyderabad cab driver for Rs 7 crore in account

According to a Times of India report, the I-T wing officials of Hyderabad had zeroed in on the bank account of the Uber cab driver from Hyderabad , where Rs 7 crore demonetised notes had been deposited in the State Bank of Hyderabad account in a span of a few weeks after November 8.

Business

Nusli Wadia removed as Independent Director of Tata Motors by shareholders

Last Tuesday, former ousted Tata Sons Chairman Cyrus Mistry filed a petition with the National Company Law Tribunal, Mumbai , under the Companies Act alleging "oppressions and mismanagement" in the Tata Sons. Overall, the proposal to remove Wadia from Tata Motors got 71.20 percent votes in its favour, and 28.80 percent against. Wadia has chosen to not attend the meetings.

Business

Investor Carl Icahn to assist Trump with regulatory reform

Chris Koopman, a senior research fellow at the Mercatus Center, applauded Trump's instinct to target regulatory overreach, but said focusing on the number of regulations could miss another unsafe piece of federal regulations: informal regulation that agencies rely on before they go to regulations in the traditional sense.

Business

Agree To Purchase Alexion Pharmaceuticals At $75, Earn 9.9% Using Options

Wedbush increased their price objective on shares of Alexion Pharmaceuticals from $132.00 to $135.00 and gave the stock a "neutral" rating in a research note on Friday, October 28th. Ftb Advsr last reported 0% of its portfolio in the stock. (NASDAQ: ALXN ) in a research note issued to investors on Tuesday. Great West Life Assurance Com Can holds 0.06% or 160,951 shares in its portfolio.

Business

Insider Activity for Investors: Fifth Third Bancorp (NASDAQ:FITB)

Fifth Third Bancorp (NASDAQ:FITB) [ Trend Analysis ] considering as most desiring stocks in active trading lead, shares fell after opening to traded at $27.69 with volume of 3.27 Million shares. Meeder Asset Management Inc. now owns 75,920 shares of the financial services provider's stock worth $1,337,000 after buying an additional 50,789 shares during the last quarter.

Business

Worth Watching: Oasis Petroleum Inc. on Focus After Raising In Today's Session

Now shares have been suggested as BUY from 0 brokerage firms and recommended as Strong Buy by 14 brokerage firms.0 brokerage firms have issued Sell rating for the company and Strong Sell rating was issued by 0 brokerage firms.6 brokerage firms have rated the company as a Hold.

Business

Analysts Take: Abercrombie & Fitch Company (NYSE:ANF) Projected Earnings & Price Targets

The stock has a consensus rating of "Hold" and an average price target of $19.81. Abercrombie & Fitch Co. had a return on equity of 3.98% and a net margin of 1.36%. Shareholders of record on Friday, December 2nd were issued a dividend of $0.20 per share. Dividend disbursement date was 2016-12-12 while the ex-dividend date was 2016-11-30.

Business

Anadarko Petroleum Corporation (NYSE:APC) Insider Trading Review

The stock gained a consensus recommendation of 3.63 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The ex-dividend date is Monday, December 12th. If you are viewing this news story on another domain, it was illegally copied and republished in violation of United States & worldwide copyright and trademark laws.

Business

War of words raises prospect of nuclear arms race

It was not clear what prompted his comment, which came the same day Russian President Vladimir Putin said his country needed to boost its nuclear forces. "Look, it's a point that he's making which is, domestically and internationally, business as usual is over". "Other countries need to be put on notice that he is not going to sit back and allow them to undermine our safety, our sovereignty".

Business

American Express Company (NYSE:AXP) Earns Consensus Hold Rating

Orbitronix LP purchased a new position in American Express during the first quarter worth $1,473,000. Some analyst provided their insight on Growth Estimates; American Express Company has the Current Quarter Earnings Growth rate of -21.1%.

Business

Arizona State Regulators Vote to End Net Metering

Jon Wellinghoff, chief policy officer for SolarCity, commended regulators for restoring net metering, "and affirming that whether solar customers are providing clean solar energy for their own homes, or supplying it to their neighbors, the benefits of that local generation outweigh the costs".

Business

Investors Catching Stocks: ConAgra Foods, Inc. (NYSE:CAG)

Analysts are expecting ConAgra Foods, Inc . 12 number of analysts also provided their insight on ConAgra Foods, Inc ., where the Average Price Target for the stock is $39.5. This represents a $0.80 dividend on an annualized basis and a yield of 2.11%. The stock is now trading at Distance from 20-Day simple moving Average of 0.7% whereas, Distance from 50-Day Simple moving average is 2.39 Percent and Distance from 200-Day Simple Moving Average of 6.34 percent.

Business

Italy Says Berlin Terror Suspect Killed in Milan by Police

I know it would be especially hard for us all to bear if it were confirmed that the person who committed this act was someone who sought protection and asylum in Germany. "Vehicles are like knives, as they are extremely easy to acquire", the article said. The gathering was a mark of respect for those who died in the attack.

Business

Indian-Origin Man Allegedly Gropes Woman on Flight

The woman fell asleep and when she awoke, she noticed the blanket she had on top of her had been pulled down. She testified that she woke up covered in lotion and feeling sore . They immediately asked Parkar to move back to his assigned seat. According to court documents, the woman yelled, "What the hell are you doing?" and crew members instructed Parkar to move back to his assigned seat.

Business

Frontier Communications Corporation (NASDAQ:FTR), EnteroMedics Inc. (NASDAQ:ETRM)

Several research firms have commented on FTR. Jefferies Group dropped their price objective on shares of Frontier Communications Corp. from $6.00 to $5.00 and set a "buy" rating for the company in a research note on Tuesday, October 11th. If you are reading this report on another publication, it was illegally stolen and republished in violation of United States & worldwide trademark & copyright laws.

Business

Stock With Upside & Impressive Recent Growth: Synchrony Financial (NYSE:SYF)

EPS in next five year years is expected to touch 7.23% while EPS growth in past 5 year was 11.60% along with sales growth of 8.60% in the last five years. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink . Also, insider David P. Melito sold 2,159 shares of the firm's stock in a transaction dated Monday, November 21st.

Business

Bristol-Myers Squibb Company (NYSE:BMY) , Delcath Systems, Inc. (NASDAQ:DCTH)

Commerce Bank cut its position in Bristol-Myers Squibb Co. Bristol-Myers Squibb Company has earnings per share of $ 2.01 and the earnings per share growth for this year is -22.30%. There were earnings of $0.77 per share. Equities analysts anticipate that Bristol-Myers Squibb Co. will post $2.87 earnings per share for the current fiscal year.

Business

Christmas services around the Valley

If that's not enough, there's a more practical reason not to cancel services on Christmas: Research shows it's one of two times in the year when people who normally don't attend church come flocking back, often at the invitation of family. Please join us as we celebrate the birth of our Savior with lessons and carols. For more information, call the church at 417-204-5390. The Immanuel Lutheran Church, 830-253-8121, will offer Christmas Eve Candlelight Communion services at 5 p.m.

Business

Teva to pay US government $519 mln over foreign bribery charges

Israeli drug-giant Teva will pay $519 million in criminal and administrative penalties for bribing foreign officials further its business interests in Russia, Ukraine and Mexico, U.S. A Russian subsidiary of Teva agreed to plead guilty. Last quarter, Teva set aside $520 million for a possible settlement. The improper conduct did not involve USA sales, Teva said.

Business

States Won by Trump Have Highest Obamacare Enrollment

In total, 103,707 people in the Raleigh-Durham area - which includes Fayetteville according to CMS - have signed up for coverage. About 85 percent of people in the Georgia exchange receive subsidies, he said. Burwell pointed out Wednesday that plans purchased for 2017 will remain valid for the whole year, even if the law is scrapped after President-elect Donald Trump takes office.

Business

Shaq wears Lakers championship ring to Heat ceremony

I wanted to play my game and win. "But we'll get there". It is nine feet tall, made out of bronze and will be suspended 10 feet above the ground at Star Plaza. Both Winslow and Whiteside finished with 23 points and 10 rebounds, while the two Johnsons and Dragic combined to hit 10 of 17 shots from beyond the three-point line.

Business

Demonetisation: After Ola, Snapdeal to deliver cash at your doorstep

Firstly, users need to download the Snapdeal app. The company is going to deliver cash at your doorsteps in its [email protected] initiative and will be using cash accumulated from its Cash on Delivery payment method to fulfil this service.

Business

21st December 2016 | Spanish Banks Have To Reimburse Clients For Floor Clauses

The European Court of Justice in Kirchn ruled that the proposed time limit on the refunds is illegal and customers should not be bound by such unfair terms. Banco Sabadell isn't affected by this ruling and the bank considers its clauses were legal and transparent to clients, a spokesman for the bank said by phone.

Business

BC Ferries Looking To Ban Smoking & Staying In Car Deck During Sailings

Details of the ban are unclear, but it's believed to only apply to the lower decks of most C-class vessels, including those on the busy Tsawwassen-Swartz Bay route. Spokeswoman Deborah Marshall said the company is working with Transport Canada and will have a formal announcement in January 2017. If you're the type of passenger who prefers to take a nap in your vehicle during a ferry ride rather than head to the upper deck and enjoy the view, you may soon be out of luck.

Business

Dow takes a breather as healthcare stocks weigh

Futures suggested the Dow Jones Industrial Average would open up 0.1%, putting the blue-chip index. The yield on the 10-year Treasury note rose to 2.56 percent from 2.54 percent. One issue that's proved a bit of a dampener on stock markets heading into year-end has been China's seizure of a U.S. Navy unmanned underwater glider.

Business

Memorial service held in Moscow for Karlov

The funeral ceremony of the slain Russian ambassador to Turkey, Andrey Karlov, will take place on Thursday. Andrei Karlov's widow Marina wept at the ceremony in Turkey. Pro-government press had reported police discovered pro-Gulen literature belonging to Altintas. The shooting came just as Turkey and Russian Federation recently improved relations and agreed to cooperate more closely over Syria.

Business

Barclays sued by USA over billions of dollars in toxic mortgages

Under the settlement , Deutsche's payment will be made up of a civil penalty of $3.1bn as well as $4.1bn in consumer relief that will help U.S. homeowners. The settlement is subject to the negotiation of definitive documentation, and there can be no assurance that the DOJ and the bank will agree on the final documentation.

Business

Australia's Tatts rejects KKR-backed bid in favor of Tabcorp's

Tatts continued to unanimously recommend the Tabcorp agreement. However, the Tatts board says this bid isn't as good as the proposed Tabcorp merger which would create a gambling powerhouse with an enterprise value of $11.3 billion and a market capitalisation of $8.6 billion.

Business

Sir Philip Green could face £1bn BHS fine under MPs' plan

Following the collapse of the BHS pension scheme, the MPs say the regulator itself needs to be reformed. And pension fund trustees should be given new powers to take decisions in the interest of scheme members, including being able to negotiate restructuring that result in better than PPF outcomes, the committee suggested.

Business

Analyst Buzz: The Walt Disney Company (NYSE:DIS)

It has twelve month low of $86.25 and twelve month high of $108.20. The average forecast of sales for the year ending Dec 16 is $31.62B by 8 analysts. Analyst's mean target price for SGY is $2.65 while analysts mean recommendation is 2.20. A number of equities research analysts recently commented on the stock.

Business

Reserve Bank of India has now become Reverse Bank of India: Congress

Government has issued a press release saying that the deposits of old notes of Rs 500 and Rs 1000 denomination can be made only once from now till December 30. These notes could be exchanged for Rs 4,000 ($59) at bank branches. However, the drive spawned a currency exchange racket in which bank officials, including those from the RBI, connived with unscrupulous elements to hoard cash in new currencies, nearly defeating the goal of demonetisation.

Business

Details of horrific Berlin bus 'terror attack' begin to emerge

Police arrested a Pakistani asylum-seeker soon after the attack but released him on Tuesday for lack of evidence, leaving investigators to pursue their hunt for the real perpetrator. The Islamic State did not specifically name Amri when it said Tuesday that a "soldier" committed the deadly attack. Here is what we know of the event reminiscent of the horrific scenes in July when a truck drove into a crowd in the French Riviera city of Nice.

Business

Two-day meeting of GST Council begins today in Delhi

The GST council meeting took place amid amid an attempt by Kerala and West Bengal to delay the implementation of the GST since the two states have always been against the centre's demonetisation decision. They are not a body where demonetization can be discussed. There is a constitutional compulsion on the Centre and states to usher in GST before September 16.

Business

Dow Jones edges back from record close

The Nasdaq composite slid 12.51 points, or 0.2 percent, to 5,471.43. Dow e-minis were up 1 point, or 0.01 percent, with 11,054 contracts changing hands. The energy group climbed 0.5 per cent overall, as oil prices edged up with strong US data, a pause in the USA dollar rally, and optimism that crude producers would abide by an agreement to limit output to prop up prices.


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