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First Solar, Inc. (NASDAQ:FSLR) Mean Price Target At $34.916

FSLR right now sits at consensus rating of 2.80 while 0 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and 0 suggest "HOLD". (NASDAQ:FSLR) to post quarterly earnings at $0.96 per share on revenue of $412.76 million after the closing bell.

Business

Four Executives Fired Over Wells Fargo Fake Account Fiasco

All out the door is Matthew Raphaelson, the San Francisco-based ex-head of community bank strategy and initiatives, had been with the bank since 2003, according to his LinkedIn profile, plus two regional leaders - Pamela Conboy, the Arizona regional president, and Shelley Freeman, the head of consumer credit solutions and former Los Angeles regional president.

Business

Mystery Irish woman gives £50k fiver to charity

An Irish woman who found a rare five-pound note engraved with a portrait of Jane Austen has donated it to charity. He spent one note each in England, Scotland, Wales and Northern Ireland. Its serial number is AM32 885554 . "It has just been found a couple of weeks ago". Image copyright Google Image caption Charlie's Bar in Enniskillen - is this where the fiver began its Northern Ireland journey? People throughout England will be hoping this means the remaining "golden ticket" is in a ...

Business

Wal-Mart scores solid United States sales; earnings dip

Biggs said. (NYSE:WMT) last announced results for quarter ended on 31 Oct 2016, disclosing EPS of $0.98. Nelson Roberts Investment Advisors LLC boosted its stake in shares of Wal-Mart Stores by 27.2% in the third quarter. Year-to-date, WMT has gained 0.36%, versus a 5.17% rise in the benchmark S&P 500 index during the same period. The Bentonville, Arkansas-based company said Tuesday it earned $3.76 billion, or $1.22 per share in the three months ended January 31.

Business

Birthday wishes for President Mugabe

Grace Mugabe told the cheering crowd: "If God decides to take him, then we would rather field him as a corpse ". But Ruhanya, the political analyst, emphasizes that Mugabe is an elderly president with health problems and Zimbabweans can't help but ponder a future without him.

Business

Walmart investors cheer as revenue ticks up

Goldman Sachs Group, Inc. Wal-Mart Canada's market share in the key categories of food, consumer goods and health and wellness products gained 0.60 per cent in the 12 weeks ended January 28, it said, citing Nielsen figures. Walmart said total revenue for 2016 was $485.9 billion with earnings of $4.38 per share. Following the completion of the transaction, the insider now directly owns 245,328 shares in the company, valued at approximately $16,760,808.96.

Business

Germany's Merkel wants to discuss cyber attacks with Russian Federation

Merkel said she wanted good relations with Russian Federation and believes it is in the common interest of Russian Federation and the West to fight global terrorism. She said that she was committed to maintaining a free press in Germany, which has been a pillar of the nation's American-backed democratic revival following World War II .

Business

Macy's Q4 EPS Beats Estimates, Expects Sales Drop To Continue

Like other retailers, Macy's has felt the sting of the so-called Amazon Effect, which sees the e-commerce behemoth eating up sales of apparel, home goods and other staple items of the traditional department store. Macy's is still weighing options for its flagship store in New York City as it looks to further strengthen its balance sheet. However, when excluding for an expected fourth-quarter gain on the planned sale of the Union Square Men's building in San Francisco and the settlement ...

Business

UPS successfully delivered a package with a drone

The United Parcel Service ( UPS ), and the drone company Workhorse , have been testing an autonomous delivery system for about a week now, laying the framework for what could soon become a common form of package deliveries. To do this, UPS has designed a specially-equipped diesel-electric delivery van that houses a swarm of UAVs. To be clear, we're not now facing a UPS drone invasion with many multiples of autonomous flying machines attacking the USA.

Business

HSBC's profits plunge dragging down share price

Revenue across the bank fell 2.5% on an adjusted basis, with the decline largely offset by a 3.7% drop in operating expenses (although charges relating to bad loans are marginally higher). "It will be interesting to see how the other banks perform, because HSBC might have a competitive advantage because of its Asia focus and diversification", said Ipek Ozkardeskaya of LCG Capital.

Business

OPEC chief sees higher compliance with oil cut, says confidence returning

Energy Information Administration. A second consecutive massive build in US crude stockpiles on Wednesday left the market relatively unimpressed, as it was little changed during the session, as the market awaited further evidence that OPEC cuts were in effect.

Business

HSBC says 2016 profit slumps to $2.5B

The UK benchmark index has slipped marginally lower in today's session, pressured by a hefty fall in heavyweight HSBC Holdings (LON:HSBA), which today posted a 62-percent slump in full-year profits. HSBC said it has since overhauled compliance and risk controls. "What this doesn't mean is that we are selling the private bank... it means we have restructured the private bank and that's now behind us".

Business

Former neurosurgeon sentenced to life in prison for botched surgery

Christopher Duntsch, 46, was arrested in July 2015 on five aggravated-assault charges after four of his patients were left crippled and two others died between July 2012 and June 2013, Dallas News reported . Records state Duntsch removed "bone from an area that was not required by any clinical or anatomical standards, resulting in injury to the vertebral artery".

Business

The sooner the better for Fine Gael leadership change, says Alan Dukes

Speaking on RTE's The Week in Politics programme, Mr Coveney said he would like to see an "orderly, but quite quick transition of leadership within Fine Gael" once next month's meeting with United States president Donald Trump takes place.

Business

Anglo American PLC (LON:AAL) Receives Sell Rating From Liberum Capital Analysts

Anglo planned to condense its portfolio of assets to focus on core commodities of platinum, copper and diamonds. "We do not need to sell assets to address the balance sheet issues". Anglo added it would also keep hold of nickel assets that were previously set to be sold, with boss Mark Cutifani remarking "asset disposals for the purposes of deleveraging are no longer required".

Business

Restaurant Brands adds Popeye's to Tim Hortons and Burger King

Restaurant Brands is the company that owns both Burger King and Tim Horton. Popeyes , whose fans include pop singer Beyoncé, began 45 years ago as a Southern-fried "Chicken on the Run" restaurant in a New Orleans suburb. Popeye's was founded in 1972 by Al Copeland Sr., in 1972. "The result is a transaction that delivers immediate and certain value to the Popeyes shareholders".

Business

Fintech Megadeal: Alibaba Unit to Invest $200 Million in Korea's Kakao Pay

The combination of Ant Financial's global payment platform Alipay and numerous financial and commerce service networks and Kakao's platform capabilities will result in more effective and convenient financial solutions for both businesses and consumers .

Business

RBI to Soon Launch New Design of Rs 1000 Notes

It is not clear when the new notes will be introduced, but the RBI has already started production. The upcoming influx of Rs 1,000 notes are set to replace the demonetised notes which were worth a total of Rs 15.44 lakh crore. Other measures to ease the cash flow constriction include an increasing the upper limit of cash withdrawals from banks. The government had then introduced new Rs 500 and Rs 2,000 notes.

Business

Cash withdrawal limit for savings account increases to Rs 50000 per week

The RBI's announcement of increasing weekly cash withdrawal limit for savings accounts to Rs 50,000 a week came into effect Monday, but without much relief to the public as most ATMs across the country are still dry after over 100 days of demonetisation.

Business

BMC Elections 2017: Varun Dhawan's name goes MISSING from the voting list

On Twitter, Varun was rebuked by some followers for apparently having said he voted in "Rajya Sabha elections" previous year. Later India Today (watch below) quoted him as saying, "In fact, past year I had voted for the Rajya Sabha. The first instalment " Humpty Sharma Ki Dulhania " was loved by the audience and was a big hit at the Box Office. BFF goals, relationship goals and we really don't know what all goals have been revamped by Varun Dhawan and Alia Bhatt, who are coming back ...

Business

Ranveer, Anushka cast vote for civic body polls

The actress has also requested her fans to go out and vote on social media. Also, veteran actor Rekha made a rare public appearance when she cast her vote. #Vote to earn the right to question! He wrote alongside, "Cast your vote.I cast mine!" John Abraham was the latest B-town celeb to reach the Bandra poll booth and cast his vote.

Business

Home Depot beats quarterly earnings and revenue forecasts

Several other analysts have also commented on HD. Paragon Capital Management LLC boosted its position in Home Depot , Inc. Revenue climbed 5.8 percent to $22.2 billion in the fourth quarter, which ended January 31, surpassing analysts' $21.8 billion projection.

Business

Euro-Zone February Composite PMI Index Hits 70-Month High At 56.0

This data is good news for policymakers in Frankfurt: "The ECB will be cheered by the signs of stronger growth and further upturn in price pressures, though will no doubt remain concerned that elections and Brexit could disrupt the business environment this year".

Business

Bovis Homes Group PLC retained as Buy By Beaufort Securities

HOUSING giant Bovis is to make a one-off compensation payment of £7 million to its customers as a result of "high level customer service issues", the firm announced today. The Group generated total revenue of 1.05 billion pounds, an increase of 11% on the previous year. Chairman Ian Tyler said: "Despite the difficulties of 2016, the board remains confident in the group's abilities to deliver improved returns to shareholders".

Business

BHP Billiton plc 44.3% Potential Decrease Indicated by Liberum Capital

Looking at the past 52 week period, the stock price is up at 64.56%. Ahead of the results announcement, BHP shares in Australian trading closed almost one per cent higher, at $26.73 each. Morgan Stanley restated a "buy" rating on shares of BHP Billiton Limited in a research report on Saturday, January 21st. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/02/21/liberum-capital-reiterates-sell-rating-for-bhp-billiton-plc-blt.html.

Business

Amazon Free Shipping Minimum Lowered

With free shipping, your order will be delivered 5-8 business days after all your items are available to ship, including pre-order items. Amazon (amzn) confirmed the change on its shipping guidelines and options page , designating which items and regions for delivery are eligible for free shipping.

Business

Bengaluru: Air hostess allegedly sexually assaulted by motorcyclist, no arrest made yet

The man wearing a full-face helmet started manhandling the victim and tore up her top. On February 12, the victim had gone to 99 varieties dosa at HRBR Layout when a bike-borne miscreant pulled her shirt and escaped. The 22-year-old woman and her friend had made a decision to take a walk after eating at "99 Dose" restaurant on the night of February 12, 2017. According to Banaswadi police, a case under section 354 of the Indian Penal Code has been registered against the unidentified biker.

Business

HSBC sees 82% profit slump after 'unexpected' world events

USA bank JP Morgan is expected to shift 4,000 employees away from its offices in the United Kingdom, according to a recent report on CNN Money. Operating costs rose 3 percent to $8.4 billion, compared with the $8.3 billion average estimate of the six analysts surveyed.

Business

Kraft Heinz ditches Unilever takeover plans

It has been less than two years since a href="http://www.foodbev.com/news/heinz-and-kraft-foods-announce-merger/" Kraft Foods and HJ Heinz merged /a to form a joint entity. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6 (c) of the Code. Unilever's UK-listed shares fell more then 8 per cent to £34.86 when markets opened on Monday morning, having risen 13.4 per cent to £37.97 by the end of last week, making its equity worth £114bn.

Business

TCS announces G16K crore share buyback

Information technology service provider Tata Consultancy Services Ltd. (TCS) on Monday announced the appointment of V Ramakrishnan as the new chief financial officer of the company, it said in a media statement. The buyback will be made from shareholders under Tender Offer Route . This is first share buyback by TCS since its listing in 2004. Wipro - which had a gross cash position at Rs 33,155.3 crore (USD 4.9 billion) as on December 31, 2016 - completed a buyback worth Rs 2,500 crore past ...

Business

Unilever shares slide after Kraft Heinz withdraws its $143-billion bid

Plus, it said , it "sees no merit, either financial or strategic, for Unilever's shareholders". Unilever disclosed that Kraft Heinz offered a mix of cash and stock and US$50 (AU$65) a share for the company. One person who has spoken with 3G's managing partners said recently the group has been looking at the possibility of setting up a "new platform", which meant it could opt to acquire a company without rolling it up into Kraft Heinz.

Business

Paytm to invest Rs 600 crore in QR

HDFC bank, in a bid to get benefitted by the government's push to cashless economy, has drawn up ambitious plans for QR code based payments - a model popularised by Paytm - as IndiaQR kicks off. Consumers use the medium to pay at kirana stores, toll booths, food courts, hospitals and large retail outlets, among others. OR code system is used widely in China, and Alipay, one of the China's leaders in the online payment business, is also a major investor in One97-owned Paytm .

Business

Neymar, Barca, Santos to stand trial after losing appeals

Barcelona had previously appealed the case and requested it be dropped as it considered the investigation that led to the charges "does not prove the existence of a criminal act", a claim the court rebutted. Barcelona had agreed it made an error in what it called the fiscal planning for the former Brazil captain's transfer. Prosecutors are also aiming to collect fines of $9 million from Barcelona and $7 million from Santos .

Business

Snapchat Spectacles are now available to buy online, priced at $129.99

Snapchat's video and photo-capturing spectacles are no longer restricted to those who can hunt down its colorful vending machines. They had previously only been available to purchase from vending machines dropped at surprise locations around the U.S., sparking nationwide fervor to track them down.

Business

In a first, Saudi Arabia appoints women to head stock exchange, newspaper

Prior to joining NCB Capital, Al-Suhaimi worked as chief investment officer at Jadwa Investment and senior portfolio manager at Samba Financial Group. While other Saudi women have already assumed corporate leadership positions, their rise comes against some of the world's tightest restrictions on women.


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