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Business

Tata no more in top 100 global brands

Tata has seen a drop not only in ranking but also in brand value which seems to have fallen from $13.68 billion to $13.11 billion. The $100 billion conglomerate has been badly shaken by a bruising months-long fight between former Chairman Cyrus Mistry, ousted in October a year ago, and patriarch Ratan Tata.

Business

Tech firms to file amicus brief in Trump's travel ban case

Tech has been up in arms over the past week about Trump's immigration ban, which temporarily blocked immigrants from seven predominantly Muslim countries, temporarily suspended all refugee admissions and blocked refugees from Syria from entering the US indefinitely.

Business

Iran 'playing with fire,' Donald Trump says

The new sanctions aren't directed at Iran's nuclear programme and wouldn't directly affect the agreement forged under Obama's administration that eased restrictions in exchange for Iran's promise not to develop nuclear weapons, two people familiar with USA strategy said Thursday .

Business

Trump signs executive order to scale back Wall Street regulation

From elected officials to organizations, here's a compilation of some reactions from across North Carolina to President Donald Trump's signing on Friday of a directive to scale back the 2010 Dodd-Frank financial-overhaul law. Of course, the Trump Administration won't present things this way. They are carefully watching how the Trump-ordered review of the Dodd-Frank law pans out.

Business

Trump travel ban chaos deepens after courts reject order

The lawsuit filed by the two states has appealed for a permanent blocking of Trump's orders. "We are very happy", Sharef told Reuters TV. He's working hard to bring jobs back you know working with leaders in the auto industry and the pharmaceutical industry and cutting regulation and doing all sorts of wonderful things to get the country moving again.

Business

AirBnB Trolls Trump with #WeAccept Super Bowl Ad

Home-sharing giant Airbnb injected a surprise political message during the Super Bowl with a television spot highlighting multiculturalism and the hashtag #WeAccept. Two Airbnb employees told the Times off record that the company didn't initially plan to create an ad for the Super Bowl. "Great job airbnb executing a positive ad that draws people together & helps your brand".

Business

England through to Sydney Cup semi

The Blitzboks , competing in their fourth consecutive final of the Series, beat England in what was a repeat of the Cape Town final in December to cement their position at the top of the overall standings. Captain Philip Snyman opened the scoring in the first minute and England were three tries down by half-time with Senatla and JG Geduld also crossing to make it 19-0.

Business

Army Corps of Engineers Closing Dakota Pipeline Protest Camp

Thousands of demonstrators, including members of the Standing Rock Sioux Tribe, have camped out at the Standing Rock site against the pipeline, leading to intense and at times violent confrontations with law enforcement. An Army spokesman indicated that the easement had not been approved, and if it is, the Standing Rock Sioux tribe has vowed to continue fighting the pipeline in court.

Business

World's longest flight touches down at Auckland airport

Operated by the carrier's Boeing 777-200LR Qatar Airways' flight 920 will pass above Dubai , northern Oman, the south of India as well as Sri Lanka. The delay also means a reduction in Qatar Airways' services to Australia, as the airline offsets the delay by redeploying its existing fleet.

Business

Rudderless Leicester kindle serious doubts over Claudio Ranieri's future

Soccer's Cinderella has fallen on some tough times, but really of no fault of their own. Champions League is new for them. With a lack of depth to compete in both competitions, focusing on delivering in UCL has seen the team stumble in the Premier League.

Business

Another Setback For Notre Dame

In the seconds after Jackson's dunk, it was as loud here as it has been during any of UNC's home games this season. That day, Notre Dame took a 90-82 win, earning its first league crown. Six Tar Heels scored in double-figures and North Carolina won the game 83-76 over a feisty Notre Dame team that has now lost five of its last six games.

Business

You Can Still Rally In Chicago Against The Dakota Access Pipeline

The acting assistant secretary of Indian Affairs, Michael Black, said in a statement that, "The closing of the camps is a matter of public health and safety, and working together at this time will allow for the safe removal of waste and debris that will impact the local environment and protection of those camps".

Business

Federal judge temporarily blocks Trump's immigration ban

It applied to people from Iraq , Syria , Iran , Libya, Somalia, Sudan and Yemen for 90 days and indefinitely suspended entry for Syrians. U.S. Customs & Border Protection said U.S. Trump meanwhile lashed out at the court ruling suspending his controversial ban affecting travelers from seven Muslim countries dismissing it as "ridiculous" and vowing to get it overturned.

Business

What to look for next in Trump's travel-ban court case

U.S. officials have said up to 60,000 foreigners have so far had their visas "provisionally revoked" to comply with Trump's order. The case heads next to the US 9th Circuit Court of Appeals for a decision on whether or not the travel ban can be enforced.

Business

Deckers Outdoor Falls Sharply On Disappointing Q3 Results, Guidance

The company's quarterly revenue was down 4.5% on a year-over-year basis. HBI isn't too far behind DECK on the loser board, with the shares down 16% at $19.07, earlier touching a two-year low of $19.02. A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Asset Management Inc increased its stake in Deckers Outdoor Corporation by 0.4% in the third quarter.

Business

People of all faiths protest at mosques over Trump's immigration order

Trump later added a demand for a registry of all Muslims already in America. Kaifo said that thought has been racing through his mind this past week. This included, among others, the king of Saudi Arabia. Trump's robust brand of nationalism also chafes global businesses, which see worldwide travel as a borderless right.

Business

Notable Stock Analysts Ratings: Sirius XM Holdings Inc. (NASDAQ:SIRI)

The company reached its 52-Week high of $14.22 on April 28, 2016 and 52-Week low of $11.07 on Nov 9, 2016. (NYSE:F) for the current quarter is -30.9 percent. (NASDAQ:SIRI) traded up 0.21% during trading on Monday, reaching $4.76. The Current Ratio of Sirius XM Holdings Inc. Entering into ratio analysis, SIRI has noticeable price to earnings growth ratio of 1.45, which find it more attractive on the other stock that has lower PEG and vice versa.

Business

Trump to order Dodd-Frank rollback

The executive order instructs the Treasury secretary to conduct a review of the law, which was crafted and implemented in 2010 following the 2008 financial crisis . The two actions reflect President Trump's strategy for loosening regulation in the financial markets. Supporters of the Dodd-Frank reforms, which were created to make the financial system safer, say they increased the stability and liquidity of key institutions.

Business

The Analysts' Weekly Ratings Updates for Energy Transfer Equity, LP (ETE)

Duff & Phelps Investment Management Co. now owns 1,659,692 shares of the company's stock worth $63,184,000 after buying an additional 35,000 shares during the period. The company's revenue was down 16.2% compared to the same quarter past year. 0 shares were traded on New Source Energy Partners L.P.'s last session. The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 14th.

Business

QTS Realty Trust, Inc. (QTS) Raised to Buy at Stifel Nicolaus

The stock had a trading capacity of 1.19M shares. Emerald Mutual Fund Advisers Trust boosted its stake in QTS Realty Trust by 3.3% in the third quarter. Recently stock market analysts have updated their consensus ratings on shares of Education Realty Trust Inc. 11/23/2015 - Winthrop Realty Trust had its "buy" rating reiterated by analysts at Compass Point.

Business

How To Snag Free Krispy Kreme Doughnuts This Month

You can pick up a FREE Krispy Kreme doughnut this month when you purchase a cup of the company's newest coffee. Both, the company said, are made from 100 percent Arabica beans. Roads near downtown Raleigh are closed this morning while thousands of people pound the pavement between N.C. State University and Krispy Kreme trying as fast as they can to run 5 miles and choke down a dozen doughnuts.

Business

The Brokers Issue Forecasts for Freeport-McMoran, Inc.'s FY2019 Earnings (FCX)

RBC Capital Markets reissued a "sector perform" rating and issued a $19.00 price objective on shares of Freeport-McMoran in a report on Saturday, January 28th. Fort Point Capital Partners LLC bought a new stake in shares of Freeport-McMoran during the third quarter worth about $199,000. Following the transaction, the Director is left with a stake of 232.54 shares, now valued at $3909.

Business

Democratic Boycott Stalls Action on Trump EPA Nominee Pruitt

The next three Cabinet officials will play a large role in pushing Republicans' domestic agenda, including the repeal of the Affordable Care Act and the overhaul of the USA tax code. Democrats boycotted the meeting, demanding time to ask more questions about both nominees. On Monday 189 national advocacy groups called for the committee vote on Sessions' nomination to be delayed, given the lack of information on Sessions' positions.

Business

Protesters gather in South Florida during President Trump's stay

President Donald Trump's trip to his own luxury resort this weekend could cost USA taxpayers more than $3m (£2.88m) for the billionaire to attend two events at properties he owns. Yet the crowds continued over the bridge and ended their march just outside the gates of Mar-A-Lago. There is some genuine hypocrisy in Trump spending years criticizing Obama for taxpayer funded vacations and then taking a taxpayer funded vacation within two weeks of taking office.

Business

Nordstrom drops Ivanka Trump-branded clothing and shoes

Since November, Nordstrom has been a top target of Coulter's #GrabYourWallet, an online campaign encouraging consumers to boycott brands that maintain a relationship with Trump's father, President Donald Trump. But the company noted that customers have been threatening to boycott. " Nordstrom had been subject to the "#GrabYourWallet" and "Boycott Trump" campaigns due to their affiliation with Ivanka Trump .

Business

Kimco Realty Corp. Reports 5% Advance In Q4 Bottom Line

SL Green Realty Corporation had a return on equity of 3.14% and a net margin of 13.41%. Operating earnings for Latin America fell 22 percent to $122 million due to higher expenses a one-time tax benefit in the prior-year quarter. KIM's revenue was down -1.3% compared to the same quarter past year. 08/25/2016 - BTIG Research began new coverage on Realty Income Corporation giving the company a " rating.

Business

Judge Halts Travel Ban So Banned Foreigners Can Start Re-Entering US

That means individuals with visas that had not been physically canceled under the order are now allowed to travel to the US, provided the visa is otherwise valid. On Friday night, the White House stated that the Justice Department is set to take action against the Executive Order, and will file an emergency motion to halt its implementation.

Business

New Arkansas Law Lets Men Block Wives' Abortions

So that's now three people-a woman's husband, her father and her mother, along with the state, that can restrict a woman's legal right to an abortion in Arkansas. "I can not wrap my brain around the fact that there would be anyone who thinks otherwise". Arkansas's new act will nearly certainly get taken to court; Holly Dickson, legal director of the American Civil Liberties Union of Arkansas, told the Daily Beast the group intends to challenge the regulation.

Business

Wal-Mart Stores, Inc. (WMT) Consensus EPS Outlook

The institutional holdings in the company makes up 29.70% while the Beta factor is 0.08. BlackRock Fund Advisors boosted its position in Wal-Mart Stores by 1.6% in the second quarter. Just yesterday Wal-Mart Stores Inc (NYSE:WMT) traded -0.30% lower at $66.50. During the same quarter in the prior year, the company posted $1.03 earnings per share.

Business

Trump's Ire Fuels New York Times Rally as Digital Plan Gains Traction

Print advertising revenue fell 20.4% in the fourth quarter, following a decline of 18.5% in the previous quarter. The total number of digital and print subscriptions to the Times has now crossed three million. Total advertising revenue came in at $185 million in the reported quarter, down 9.7% year over year. The New York Times Company reported today (pdf) that it added more subscribers last quarter - when Donald Trump infamously won the USA presidential election, and everyone started ...

Business

Trump Defense Chief Seeks Diplomatic End in South China Sea

He also noted Japan's growing defense budget since Prime Minister Shinzo Abe took office in 2012, saying that it was "on the right track". Mattis also made clear that the United States opposed any unilateral action that risked undermining Japan's control of the Senkakus, a group of uninhabited islets that are surrounded by rich fishing grounds and potentially large natural gas deposits.

Business

Nordstrom Severs Ties with Ivanka Trump

Despite Nordstrom's announcement this week to cut ties with the brand, apparently a few department stores are not following suit, the New York Post reported . U.S. luxury department store chain Nordstrom is winding down its relationship with the controversial Ivanka Trump brand after boycott threats and concerns about the first daughter's conflicts of interest.

Business

Dow Chemical Co (DOW) Lost Sequent Asset Management as a Shareholder

Pinkerton Retirement Specialists LLC bought a new stake in shares of Dow Chemical Company (The) during the second quarter valued at about $115,000. The analysts offering 12 month price targets for The Dow Chemical Company have a median target of $66, with a high estimate of $76 and a low estimate of $53.

Business

Trump cabinet choices advance despite Democrats' efforts

Orrin Hatch justified his committee's action, saying it was "unprecedented" by both the Republicans motioning to change procedure, as well as the Democrats obstructing a full vote. Despite the delays , all three nominees are considered likely to be confirmed once their names are sent to the full Republican-led Senate. In May 2013, Gina McCarthy's nomination to lead the Environmental Protection Agency was delayed by a Republican boycott of the Senate Environment Committee.

Business

Cleanup begins at Dakota Access pipeline protest encampment

North Dakota authorities on Wednesday said they arrested 76 Dakota Access Pipeline protesters who staked out a new encampment on land owned by the company building the project. Don Canton, a spokesman for Senator Hoeven, said that Tuesday's directive from acting Secretary Speer means the easement "isn't quite issued yet, but they plan to approve it" within days.


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