learningandfinance.com

Business

Maruti Suzuki Q3 profit jumps 47 per cent YoY: 5 key takeaways

The net profit increased to Rs 1,744.5 crore for the quarter ended December 31, 2016 from Rs 1,183 crore in the corresponding period of 2015-16. A Reuters poll had projected the automaker's Oct-Dec net to be at Rs 1,747 crore. Its domestic sales volume grew 3.9%, while exports fell 1.4%. The festival period saw Maruti Suzuki achieve large volumes in October 2016, which led to a total unit sales figure of 387, 251 cars sold in Q3'17 (up 3.5% over Q3'16).

Business

HDFC Bank net growth hits a low

PNB Housing said it wrote back provision for contingencies of Rs 24.50 crore, created in previous years, in order to maintain the gearing ratio as per NHB guidelines. The company's deposit portfolio grew by 26 per cent to Rs 8,760 crore as on December, 2016 from Rs 6,934 crore at the end of December 2015. "The absolute numbers do reflect the reality in the market", Mr.

Business

The Canadian National Railway Company (CNI) Receives $76.29 Consensus PT from Analysts

Talks to change rules under the North American Free Trade Agreement (NAFTA), initiated by U.S. President Donald Trump, are not expected to have a negative impact on Canada, or CN, according to Jobin. If you are viewing this story on another domain, it was stolen and republished in violation of USA and global copyright legislation. 10/26/2016 - Canadian National Railway Company had its "outperform" rating reiterated by analysts at Cowen.

Business

BHP second quarter iron ore output up 9 pct, year guidance intact

BHP Billiton chief executive Andrew Mackenzie said a rise in iron ore prices had helped the company's bottom line. The Melbourne-based giant said thanks to the continued ramp up of additional capacity at its Jimblebar operations in Western Australia production at its iron ore unit rose 4% year-on-year to 117.6m tonnes for the six months to end-December.

Business

Freight train derails in London causing severe delays

The exact cause of the derailment is not yet known, but there were no passengers on board and no injuries reported, according to the Press Association. Another user, Nicky W, said: "Another day another #southeastern disaster". The derailment happened shortly before 6am and engineers were on site within 15 minutes, Network Rail said.

Business

Bird flu found at Preston pheasant farm, says Defra

A full investigation is also under way to determine the source of the infection. Health check What is Bird Flu, can humans catch it, what are the symptoms and how does it spread? Bangladesh reported an outbreak of the highly contagious H5N1 bird flu virus at a poultry farm in Dhaka, the World Organisation for Animal Health (OIE) said on Monday (Jan 23), citing a report from the Bangladeshi agriculture ministry.

Business

National park defies social media ban — Badlands on Twitter

During the presidential transition period, Mr Trump said "nobody really knows" if climate change is real, and has also previously said he believes climate change is a hoax perpetuated by China. The Democratic National Committee responded with it own tweet: "Vladimir Putin would be proud ". There's an environmental badass taking charge of the Badlands National Park Twitter account .

Business

Annual inflation at 1.5 pc comes in weaker than expected, dollar slumps

Non-tradables inflation excludes goods and services that can be traded overseas, providing a measure of movements in prices that are domestically generated. The most significant price rises this quarter are tobacco (+7.4%), automotive fuel (+6.7%) and restaurant meals (+1.1%). The most significant offsetting price falls in Q4 were worldwide holiday travel and accommodation (-2.6 percent), accessories (-5.1 percent) and waters, soft drinks and juices (-3.2 percent).

Business

Samsung's Q4 Profits Soar despite Failure of Note 7

Samsung made a decision to discontinue the Note 7 in October previous year after recalling millions of the devices worldwide over safety concerns. Despite the challenge it faces in restoring consumer trust, in the absence of the Galaxy Note 7 smartphones, consumers snapped up Samsung's Galaxy S7 and S7 Edge, released in spring 2016, and other cheaper Galaxy smartphones.

Business

McMahon questioned during Senate confirmation hearing

McMahon talked about the ups and downs of her experience in building a professional wrestling empire with her husband, including filing for bankruptcy and losing their home. The lack of fireworks related to wrestling ― or anything else ― would seem to point to a smooth confirmation process for McMahon, which may disappoint the small business groups that had tried to challenge her.

Business

Verizon still not sure what to do about $4.8B Yahoo deal

In Verizon Communications Inc. Wireless revenue fell 1.5% to $23.4 billion in the fourth quarter. While for the next 5 years, the growth estimate is 1.61%. The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 1st. Stockholders of record on Tuesday, January 10th will be issued a $0.5775 dividend.

Business

Etihad CEO James Hogan leaves airline

Etihad's board and Hogan "first initiated the transition process last year", the Abu Dhabi-based carrier said in a news release. Last year, he also established a group that manages investments in other carriers. A new codeshare agreement with Lufthansa and an aircraft leasing agreement between airberlin and Lufthansa were also announced. Meanwhile, Etihad's minority shareholdings in overseas carriers such as Europe's airberlin and Alitalia, as well as Virgin Australia, were yet to offer a ...

Business

Oil eases after two-day gain, rising USA production weighs

The energy minister said that nearly 1.5 million barrels per day of crude oil had been cut as of late January, with many countries ( like Saudi Arabia) exceeding their production cuts. The committee now has no plans to use external agencies, such as consultants that track oil exports by monitoring tanker movements, to verify that countries are implementing the pledged supply curbs, said three people familiar with the matter.

Business

Texas Instruments Beats Q4 Targets, Guides Higher For Q1

Texas Instruments Inc. P/E (price to earnings) ratio is 23.75 and Forward P/E ratio of 21.85. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. The earning yield also gives right direction to lure investment, as the co has 0.60% dividend yield. On Tuesday analysts will want to see the extent to which Texas Instruments can maintain its momentum.

Business

SAF's Terrex vehicles will be returned to Singapore, says Hong Kong

Hong Kong authorities said that the government will return nine Singaporean military vehicles impounded by customs officers past year, RTHK reports. In a statement , Singapore's foreign affairs ministry said Hong Kong authorities would release the Singapore Armed Forces' troop carriers and other equipment to the Singapore government.

Business

Rex Tillerson wins support of McCain, Graham for secretary of state

A Senate vote is expected the same day on Congressman Mike Pompeo (Republican-Kansas) to become director of the Central Intelligence Agency. Marco Rubio (R-FL) dropped his opposition and joined with all his fellow committee Republicans to support approval-all the committee Democrats opposed Tillerson-setting up a floor vote sometime soon.

Business

United States Steel Corporation (NYSE:X) To Announce June 2016 Results

AK Steel Holding Corporation (NYSE:AKS) surged 0% yesterday to close its trading session at $9.52. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.18. On 19-Jan-17 Citigroup Downgrade AK Steel Holding Corporation Stock to Sell. In the last month the stock has moved in price -10.89%, with a one year change of 359.16%.

Business

Bob Evans sells restaurant business, adds to food operation; shares halted

The company said it estimates the cash proceeds from the sale will be between $475 million and $485 million and that the cash proceeds will be used to repay debt and the payment of a special dividend. Mohseni will assume the role of CEO of Bob Evans Restaurants following the transition, and the company's executive team will remain in place to oversee the transition and following the completion of the transaction.

Business

Yahoo! Inc earnings boost odds of Verizon Communications Inc deal

Since Yahoo's disclosure of the second breach, Verizon has reportedly been looking for a big discount if it chooses to go through with the deal at all. In her five years with the company, she has failed to turn it around. The company maintained that the deal with Verizon is very much in place, but due to some work that is related to meeting the closing conditions it got delayed .

Business

Be cautious, China urges US

RCEP will group Asean and six other countries with which it has existing regional FTAs, namely: Australia, China, India, Japan, New Zealand and South Korea. But while the China-bashing may appeal to Mr Trump's voting bloc, it's "unclear just how they [the Trump administration] would raise these tariffs they keep talking about", says Deborah Elms from the Asian Trade Centre.

Business

Massive Oil Spill Occurs Next to Aboriginal Reservation in Canada

The Economy Ministry's petroleum and natural gas division plans to investigate the cause of the spill and will oversee cleanup and pipeline repairs. Tundra Energy says they have several pipelines that run underground beneath the land and it's not yet clear which of them leaked, but they say they monitor the pipelines by air.

Business

Toyota adding 400 jobs, $600M at IN plant

Toyota spokesman Scott Vazin confirmed that the $600 million IN investment was already IN the works before Trump's victory IN November's election. The Associated Press reports that Toyota sold more than 191,000 Highlanders in the United States in 2016, which represents a 20 percent growth.

Business

Higher Price Target Forecasts: Hewlett Packard Enterprise Company's (HPE)

Hedge funds have recently bought and sold shares of the company. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California. Mizuho raised their price objective on shares of Hewlett Packard Enterprise from $20.00 to $22.00 and gave the stock a neutral rating in a report on Wednesday, November 23rd.

Business

No Brexit Without Parliament, Supreme Court Tells May

By a majority of eight to three, judges at the Supreme Court rejected the Government's argument that Mrs May could use prerogative powers to trigger the talks under Article 50 of the European Union treaties, but must first seek Parliament's approval.

Business

Stocks to Track AbbVie Inc (NYSE:ABBV), Blackstone Group LP (NYSE:BX)

Nisa Investment Advisors LLC now owns 631,940 shares of the company's stock worth $39,123,000 after buying an additional 100,674 shares during the period. During the same quarter past year, the firm earned $1.13 EPS. AbbVie Inc . (NYSE:ABBV) fell -0.37% to reach at the trading price of $61.15 as it is set to release its next quarterly earnings report on January 27, 2017.

Business

Rite Aid Corporation (NYSE:RAD) Fell -7.51%

S&P Capital IQ analyst Agnese pointed out that Rite Aid has struck agreement to divest 19 percent of its store base or 865 stores once the merger is completed with Walgreens. The company had Year Ago Sales of 8.27 Billion. The Company has 52-week high of $8.77 and 52-week low of $6.33. The difference between Actual EPS and Estimated EPS was -0.03 Percent.

Business

Spokane County jobless rate jumps to 6.3 percent

Contra Cost County reported unemployment of 4 percent while Napa County's unemployment rate was 4.4 percent. The highest unemployment rate in the state, in Monroe County, was 9.6 percent. Weld County's unemployment rate of 2.6 percent in December was unchanged from November and down from 2.8 percent in December a year ago. The report is based on a monthly survey of households.

Business

Verizon Q4 EPS Misses Street View, Shares Fall

Yahoo added that it "is working expeditiously to close the transaction as soon as practicable in Q2". USA law requires companies that fall victim to such hacks disclose them as soon as they are deemed to affect stock prices. While the Verizon deal is still on, it has been delayed . For the October-December period, Verizon reported adjusted earnings of $86 per share, down from the 89 cents per share in the same period a year ago.

Business

Snow on the way Monday

Blowing and Drifting Snow: Most areas will receive some drifting snow late Monday through Tuesday. "It may be kind of back-and-forth thing, " a KMTV meteorologist, Ryan McPike, said about the Omaha area's precipitation combo. Another half-inch of snow is possible. A Winter Storm Warning goes into effect at noon Tuesday for counties in northern Iowa and lasts through 6 PM Wednesday.

Business

Most Active Stock: Morgan Stanley (NYSE:MS)

The company rocked its 52-Week High of $44.6 on Jan 13, 2017 and touched its 52-Week Low of $21.16 on Feb 11, 2016. The shares were sold at an average price of $42.14, for a total value of $740,062.68. The financial services provider reported $0.80 EPS for the quarter, beating the Zacks' consensus estimate of $0.63 by $0.17. The Return on Equity (ROE) value stands at 0%.

Business

Turkish lira tumbles after central bank stands pat

The gap narrowed to one percentage point in September - the narrowest since it began using a three-gauge policy in 2010 - and while it widened again when the central bank raised rates for the first time in nearly three years in November, Governor Murat Cetinkaya said only two weeks later that the bank's aim hadn't changed.

Business

Consumers group responds to Collins-Cassidy ACA replacement

That's one reason an early analysis from the Center on Budget and Policy Priorities , based on a summary of the bill posted online before the full legislative language, warned that the bill "could leave many millions who now rely on ACA health coverage, especially those with low incomes and pre-existing health conditions, uninsured or going without needed care".

Business

Basic Materials Worth Chasing: Steel Dynamics, Inc. (STLD), Chesapeake Energy Corporation (CHK)

The Company Touched its 52-Week High on Dec 12, 2016 and 52-Week Low on Feb 8, 2016. The consensus recommendation, according to Zacks Investment research, is 3. The stock's market capitalization is $5.38 billion. While for the next 5 years, the growth estimate is 5%. Based on the finance research report, Mizuho initiated coverage on Chesapeake Energy Corporation (NYSE:CHK).

Business

Aetna, Humana to consider all options after court blocks merger

Peltz for the Los Angeles Times . The decision is a victory for former President Obama's Justice Department, which sued Aetna a year ago to block the $34 billion merger, NPR's Yuki Noguchi reported . Shares of Hartford, Connecticut-based Aetna Inc. fell about 3 per cent, or $3.33, to $119.20 Monday, while broader indexes slipped less than 1 per cent.

Business

Walmart Will Start Selling Cars Soon

The retail giant is partnering with dealerships to sell cars in Houston, Dallas, Phoenix and Oklahoma City. Shoppers will be able to select, finance, and insure a vehicle by logging on to the company's website or using a touch-screen kiosk.


Begin ← Back 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 Forward → End