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India's services exports up 11% in November 2016

The cumulative value of exports for the period April-December 2016-17 was $ 198,808 billion (Rs. 1333913.57 crore) as against $ 197.334 billion (Rs. 1278004.37 crore), registering a growth of 0.75% in dollar terms and 4.37% in rupee terms over the same period past year.

Business

Rating Roundup: Morgan Stanley (NYSE:MS)

The company earned $8.91 billion during the quarter, compared to analysts' expectations of $8.17 billion. That is compared with the $0.43 in EPS it reported during the same period a year ago. Acadian Asset Management LLC now owns 15,294 shares of the financial services provider's stock worth $397,000 after buying an additional 11,116 shares during the period.

Business

Mondelez International, Inc. (MDLZ) Stake Boosted by Clarkston Capital Partners LLC

The Manufacturers Life Insurance Company acquired a new position in shares of Mondelez International during the third quarter worth $207,459,000. If you are viewing this piece on another publication, it was illegally copied and reposted in violation of USA and worldwide trademark & copyright laws.

Business

McDonald's near Vatican to give free meals to the poor

Peter's Square, in a building complex that is also home to a number of ranking Vatican officials. McDonald's will give away 1,000 meals to homeless people who live near the Vatican every Monday starting next week. "With these meals, we'll make a significant leap in providing so many women and men who live on the street in this neighborhood the possibility of a meal that will guarantee a suitable intake of proteins and vitamins for them", she said.

Business

BOE's Saunders : Economy May Sustain Lower Unemployment Without Fueling Inflation

With U.K unemployment at an 11-year low of 4.8 percent, below the MPC's 5 percent estimate of its natural rate, the question for BOE policy makers is how long the labor market can continue to improve without fueling more intense inflationary pressures.

Business

US Dollar's Trump-Slump Continues After Wednesday's Press Conference

At 5 p.m., the dollar stood at ¥114.27-36, down from ¥116.06-06 at the same time Wednesday. Tokyo's Nikkei ended 0.8 higher after losing more than one percent Thursday but Sydney lost 0.8 percent and Seoul 0.5 percent. The dollar index, which measures the currency against six other major currencies, was down fractionally for a third straight day and 1 percent lower on the week as focus turned to US retail sales due at 1330 GMT.

Business

OPEC could extend oil production cut by six months

Western Siberia oil production accounts for almost two-thirds of the total production of the country. Traders said that a crude oil and refined product inventory report published by the U.S. Meanwhile, U.S. crude oil production will climb from 8.9 million barrels per day in 2016 to 9 million barrels per day in 2017 and 9.3 million barrels per day in 2018.

Business

Donald Trump assails sex romp claims, says it's 'fake news'

Donald Trump exploded on Twitter in response to leaked reports detailing unverified allegations that Russian Federation has compromising information on him. Tuesday, CNN reported that Trump and President Obama were briefed by intel chiefs on memos from a former British intelligence operative. It was a conference where he proclaimed that he will be "the greatest jobs producer God ever created", said there will be a "major border tax" for companies that send jobs out of the U.S., ...

Business

Federal Ethics Chief Slams Trump's 'Meaningless' Conflict Of Interest Plan

Shaub said that Trump and his team did not consult him or the OGE while developing the plan . Trump has said he sold all his stocks in his organization previous year, but many ethics experts had urged him to fully divest himself from or set up a blind trust for his assets.

Business

Worldwide Collections and Day Wise breakup of Ok Jaanu

Shraddha Kapoor and Aditya Roy Kapoor are all set to entertain audience with their film Ok Jaanu which releases on Friday. The movie is a remake of Mani Ratnam's Tamil romantic flick, OK Kanmani . Adi ( Aditya Roy Kapoor) and Tara ( Shraddha Kapoor ) do the obligatory meet cute, and follow that up with a too-stretched prelude which sees them cosily shacked up in a leafy bungalow under the protective eye of an elderly couple".

Business

Analyst Issues Short Term Price Target on BB&T Corporation (NYSE:BBT)

BB&T Corporation (NYSE:BBT) on January 9, 2017 reported that it will offer an odd-lot program to provide its shareholders with an alternate way to either round their holdings up to 100 shares or sell all their shares. GHP Investment Advisors Inc. now owns 45,260 shares of the company's stock valued at $1,707,000 after buying an additional 1,256 shares in the last quarter.

Business

Nintendo to Launch New Switch Game Console on March 3 for $300

Nintendo has set a launch date for its new console, but the high price has shocked many observers. Koizumi also mentioned Mario's new accessory: a mysterious cap with eyes on it, which he said will offer a unique Nintendo Switch experience.

Business

Valeant Pharmaceuticals International, Inc. (VRX) Rating Reiterated by BTIG Research

The Low and High Price targets are $9 and $55, respectively. Several other analysts have also commented on VRX. Jefferies Group reaffirmed a "buy" rating and set a $22.00 price target (down previously from $40.00) on shares of Valeant Pharmaceuticals International in a research note on Wednesday, November 9th.

Business

Analytical Approach on: U.S. Bancorp (NYSE:USB)

The firm's stock has a market capitalization of $88.56 bln. On average, analysts anticipate that Community Trust Bancorp will post $2.70 EPS for the current year. Hedge funds and other institutional investors own 53.53% of the company's stock. While looking at the Stock's Performance, U.S. Bancorp now shows a Weekly Performance of -0.1%, where Monthly Performance is 0.06%, Quarterly performance is 20.28%, 6 Months performance is 29% and yearly performance percentage is 30.7%.

Business

Tour Obama's White House one last time in VR

By comparison, the same survey found that 83 percent of Americans approved of Barack Obama's transition and only 12 percent disapproved at this time in his presidential transition to his first term. "The wide spread between positive and negative views of Trump's Cabinet appointments serves as another example of the highly polarized environment in which Trump will be taking office on January 20".

Business

Trump adds yet another Goldman Sachs executive to administration

Powell is now the global head of impact investing at the financial giant Goldman Sachs and president of the Goldman Sachs Foundation. Trump's team announced that they're adding yet another Goldman Sachs executive to the incoming administration, tapping Dina Habib Powell to be a "senior counselor for economic initiatives" in the White House.

Business

Agitated sanitation workers continue strike for eighth day outside EDMC

The three-judge bench asked why questioned about why they had failed to pay their safai karamcharis for two months. The stakeholders were supposed to respond to similar concerns raised on Thursday by the NGT. You have not cleaned Delhi. Over the matter of pending salaries of the East DMC employees - the cause of their strike, the Tribunal sought explanation from all municipal corporations, the Delhi Development Authority (DDA) and the Delhi government.

Business

White House criticises Trump's treatment of CNN reporter

Trump's election victory in November has been dogged by conclusions reached by US intelligence agencies that found Russian government-backed hackers broke into USA political-party servers and e-mail accounts. " You are fake news", and refused. CNN anchor Jake Tapper said , "What I suspect we are seeing here is an attempt to discredit legitimate, responsible attempts to report on this incoming administration with irresponsible journalism that hurts us all".

Business

Credit Suisse Group Downgrades Discovery Communications, Inc. (DISCA) to Underperform

Shares were Downgraded by Pivotal Research Group on Jan 12, 2017 to " Hold" and Lowered the Price Target to $ 28 from a previous price target of $33.Discovery Communications was Downgraded by Credit Suisse to " Underperform" on Jan 10, 2017.

Business

Fox News Comes To CNN Reporter's Defense After Donald Trump Attack

Trump , who has often called reporters "crooked" and "liars" at campaign rallies, then told Acosta , "Don't be rude". A few minutes later, Trump turned to Matt Boyle of Breitbart .com, who proceeded to ask Trump about "all the problems that we've seen throughout the media over the course of the election" and "what reforms do you recommend for this industry here?" I have no deals that could happen in Russian Federation, because we've stayed away.

Business

Analyst Research Roundup: Marathon Oil Corporation (NYSE:MRO), Encana Corporation (NYSE:ECA)

Several other research firms have also commented on APC. (The) restated a "buy" rating and issued a $54.00 price target on shares of Marathon Petroleum Corporation in a research report on Wednesday, October 12th. Analysts predict that Marathon Petroleum Corporation will post $2.12 EPS for the current year. If you are reading this article on another domain, it was illegally stolen and republished in violation of USA and global trademark & copyright law.

Business

Justice Department to announce Takata criminal penalty

These airbags, on being deployed, can send both plastic and metal shrapnel from the inflator canister that can hurt the driver as well as the passengers. The charge stems from Takata falsifying data in air-bag testing reports provided to auto makers, they said. The auto parts supplier will be required to make significant reforms and be on probation and under the oversight of an independent monitor for three years.

Business

Lockheed Martin CEO finalizing F-35 deal with Trump

Voices on both sides of the political aisle have criticized the F-35 program's cost long before Trump took up the issue. He also briefly brought up the F-35 in a Wednesday press conference meant to clarify his business conflicts, saying he would "do some big things" with the program and find a way to both trim costs and improve the plane itself.

Business

EIA sees United States production growing into 2018

Oil prices shot up Thursday from a dip earlier in the week as Mohammad Sanusi Barkindo, the secretary general of the Organization of Petroleum Exporting Countries (OPEC), heightened expectations that the cartel would commit to its November 30 decision to cut output by 1.2 million barrels per day, or 4 percent.

Business

Russian Federation says it has no compromising dossier on Trump, Clinton

The Kremlin considered the topic of Moscow allegedly having a blackmail file on US President-elect Donald Trump to be closed as such fake news are not worth discussing, Russian Presidential Spokesman Dmitry Peskov told reporters. Peskov added that "witch hunts" by United States politicians are usually followed by "more sober specialists, more sober approaches which seek dialogue rather than emotional fits".

Business

Gamestop Corporation (GME) Bonds Trading 1.5% Lower

Euclidean Technologies Management Llc, a New York-based fund reported 70,900 shares.#img1#. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company's stock.

Business

Infosys Limited (INFY) Shares Sold by Echo Street Capital Management LLC

The company reported $0.24 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.24. Return on Equity (ROE) stands at 22.9% and Return on Investment (ROI) of 16.8 percent. PNC Financial Services Group Inc. raised its position in Infosys Limited by 21.3% in the second quarter. Analysts are also projecting an Average Revenue Estimate for Infosys Limited as $2.57 Billion in the Current Quarter.

Business

Merrimack Pharmaceuticals, Inc. (MACK) Given Neutral Rating at Robert W. Baird

The institutional holdings in the company makes up 84.60% while the Beta factor is 1.22. Insider Trades for Merrimack Pharmaceuticals, Inc. show that the latest trade was made on 25 Jul 2016 where Stewart (Edward J), the Officer completed a transaction type "Buy" in which 30000 shares were traded at a price of $2.47.

Business

Donald Trump approval still low as inauguration looms

Just a week away from Donald Trump's inauguration, Americans are still expressing historically low approval for the president-elect's handling of the transition. Bush, who had 65 percent approval days before he was sworn in. Like Trump, Bush also failed to win the popular vote in 2001, though Gallup found most Americans still gave Bush approving marks for how he handled the lame-duck stage of Clinton's presidency.

Business

Gartner Says Worldwide IT Spending Forecast to Grow 2.7 Percent in 2017

In 2016 it had posted a 1% decline in growth with spends at $1.3 trillion. Fixed and mobile communications services is where Gartner predicts New Zealand organisations will send their money in 2017, while similar to Australia, software will be the fastest growing segment this year.

Business

Trudeau's 'phase out' oilsands comments spark outrage in Alberta

We need to phase them out. "The economic benefits of the oilsands are immeasurable", he said. And they have recently contrasted Mr. Trudeau's agenda with the plan by president-elect Donald Trump to cut taxes and regulatory burdens on the US oil companies with whom Canadian operators compete for markets and investment.

Business

Bank of America earns US$4.7B in Q4, beating expectations

Other Hedge Funds, Including, Baker Boyer National Bank sold out all of its stake in BAC during the most recent quarter. Shares struggled edged higher in premarket trade. Fixed-income trading revenue rose 12%, less than the 15% rise Mr. Moynihan predicted at an investor conference last month. The last closing price is up 34.26% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.04% over the date range.

Business

EPA locks in 2025 fuel efficiency rules

The Environmental Protection Agency will keep its greenhouse gas emissions standards for cars and light trucks in place through 2025, it announced Friday, making the decision more than a year ahead of the agency's deadline. "This is auto mechanics", Becker said. The EPA said in a statement that "a wide variety of effective technologies" are available to reduce GHG emissions from cars and light trucks, and that automakers are well positioned to meet the standards through model year 2025 "at ...

Business

Crude Oil Prices Turn Lower to Close the Week

OPEC and the independent producers are cutting supplies to remove a global glut and prop up prices, which at $56 a barrel are half their level of mid-2014, hurting the revenue of exporting nations. Even though OPEC managed to be true to the deal, US shale oil production will likely gain traction. OPEC is scrambling to find ways to force stored-oil volumes down to more manageable levels before USA producers use the price recovery to kick-start their output.

Business

Smith expressed concern about race over Rams hiring of Sean McVay

According to Benjamin Albright , there are two candidates that now stand above the rest with Rams rumors. Though a QB and running back at college, he played defensive back, recording two interceptions in six starts. He will replace Jeff Fisher , who was sacked 13 games into the Rams' homecoming season in Los Angeles, and interim head coach John Fassel, who led the Rams to a 4-12 finish in their 13th consecutive non-winning season.


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