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Business

The Brokerages Set FedEx Co. (FDX) PT at $198.28

The share price of the company (NYSE:FDX) was up +0.98%, with a high of 194.26 during the day and the volume of FedEx Corporation shares traded was 1412054. The ex-dividend date is Thursday, March 9th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.82%. FedEx Corporation (NYSE:FDX) Air Delivery & Freight Services has a Current Ratio of 1.5 with a Quick Ratio value of 1.5.

Business

Oil in Global Economy Series: Negotiations under way as OPEC meeting nears

One OPEC delegate said, "An extension is needed to balance the market", but added that "any extension of the cut agreement should be with non-OPEC" - meaning, Russian Federation and other non-members need to remain part of the initiative. EIA noted that gasoline supplies fell by 3.1 million barrels, and distillate stockpiles dropped 4.2 million barrels last week, too. Recent reports showed that oil production from the U.S.

Business

Bill Gates Visits the White House After Trump Proposes Big Budget Cuts

He debuted on the Forbes billionaires list in 2008, with an estimated net worth of US$5.1b ($7.2b). For the fourth year in a row, Bill Gates has been named the richest person in the world, but according to Forbes Magazine he has increased competition.

Business

Investors Catching Stocks Advanced Micro Devices, Inc. (AMD)

BlackRock Japan Co. Ltd now owns 16,168 shares of the semiconductor manufacturer's stock valued at $112,000 after buying an additional 13,981 shares during the period. Advanced Micro Devices, Inc's consensus price target is around $11.92 a share. Loop Capital started coverage on shares of Advanced Micro Devices in a research report on Monday, December 5th.

Business

Forbes Billionaires List 2017: Houston Is Home to 13 Tycoons

The amount of wealth self-made women have created is also a record 1.68% of the total billionaires list, up from 1.49% a year ago. Chaudhary's three sons, Nirvaan, Rahul and Barun accompany the 59 year old businessman with the family business.

Business

USA government insists Muslim airlines ban electronics

In a notice that appears to be prompted by federal USA officials, Royal Jordanian Airlines issued a new ban on electronic devices on planes Monday. The authorities have confirmed that the ban is applicable to all non-stop flights heading to the U.S.

Business

CBI initiates preliminary enquiry into Narada sting operation case

The CBI, which is conducting the investigation as per a Calcutta High Court order, has already contacted Narada News CEO Mathew Samuel who had conducted the sting operation on several Trinamool Congress ministers, MPs and MLAs. As per sources, the CBI also seized laptop and spy cam used by the Narada News in their sting operation. The official said a pen drive, an iPhone, a hard disk and the CFSL report collected from the court were being looked into.

Business

USA to ban some airline passengers from carrying larger electronics

The secretary of the Department of Homeland Security, John Kelly, and the acting head of the Transportation Security Administration, Huban Gowadia, decided that greater security was needed based on intelligence about airlines that fly non-stop from 10 airports to the USA, according to four senior administration officials who spoke to reporters on background to discuss security measures.

Business

US Bans Passengers Of Middle Eastern Airlines From Bringing Electronics On Planes

The ban will apply to devices larger than a mobile phone, the official said. Royal Jordanian tweeted, and later deleted , instructions to its passengers. One top US airline official told the I-Team that Homeland Security and Transportation Security officials anticipate releasing details Tuesday, but have communicated to USA carriers that the policy will not impact them.

Business

U.S. plans on banning large electronics on flights from some Muslim nations

A USA official told Reuters news agency the rule has been under consideration since the United States government learned of an unspecified terrorist threat several weeks ago. American carriers and domestic flights do not appear to be impacted by the ban. Other electronics, like laptops or tablets, would have to be placed in checked baggage.

Business

India court gives sacred Ganges and Yamuna rivers human status

The Whanganui River was given such status in recent past. The judges cited the example of the Whanganui river, revered by the indigenous Māori people, which was declared a living entity with full legal rights by the New Zealand government last week.

Business

General Mills Q3 Profit Tops Estimates, Organic Sales Down 5%; Reaffirms Outlook

General Mills , Inc is a manufacturer and marketer of branded consumer foods sold through retail stores. Thanks to an increase of nearly 4.8% in the past one month, the stock price is now outperforming with 11.9% so far on the year - still in strong zone.

Business

Paul Foster moves up on Forbes billionaire list

In a personal financial disclosure form filed with the federal government previous year, Trump said his net worth was over $10 billion. Dean White , who made his fortune in billboards and hotels, died previous year. Amazon founder Jeff Bezos ($72.8B), European businessman Amancia Ortega ($71.3B), and Facebook founder Mark Zuckerberg ($56B) round out the top five.

Business

Cognizant may cut 6000 - 10000 jobs during annual appraisals

In previous years where we outperformed our goals, we paid significantly above the target payout. Automation, once again, is being blamed behind the mass layoffs as it renders many lower-end jobs redundant. The company has stated that the layoffs are a part of its annual exercise to pinpoint and eliminate poor performers. The 6000 employees show 2.3% of company's workforce.

Business

Oil price falls by 1% as worries over United States output mount

OPEC and other producers including Russian Federation agreed to reduce output by 1.8 million barrels a day in the first half of 2017 to rebalance the market. An OPEC panel is scheduled to meet this month to review compliance with the current deal. Last November, OPEC agreed to cut output by 1.2 million barrels, but most of the heavy-lifting has been done by Saudi Arabia - the group's de facto leader.

Business

Mart lists at premium of over 100 per cent

The IPO was the biggest since PNB Housing Finance's Rs3, 000 crore offer in October a year ago. The D-Mart IPO saw marquee foreign investors including private equity firm General Atlantic, Singapore's sovereign wealth fund GIC Pte Ltd and Capital Group, which is among world's oldest and largest investment firms.

Business

Mass Effect Andromeda: How To ReSpec Your Skills At Any Time

I'm a pioneer, pushing out into unknown space to find homes for people, trying to make friends, and checking out anything that looks interesting. Each planet has a larger map than those of the original Mass Effect trilogy, and you can often complete multiple missions in one visit.

Business

Trump meets Bill Gates after president seeks cuts in foreign aid

The CEO of an IN company is ranked as one of the richest people IN the world, according to a Forbes ranking of billionaires released Monday . Vietnam has two representatives in Forbes 2017 billionaires list including VietJet Air CEO Nguyen Thi Phuong Thao, a newcomer, and Vingroup chairman Pham Nhat Vuong who has been listed on five occasions.

Business

Diageo plc (DGE) Receives "Hold" Rating from Whitman Howard

Numis Securities Ltd reaffirmed a buy rating and issued a GBX 270 ($3.33) price target on shares of Cape PLC in a report on Monday, November 21st. Other analysts have also issued research reports about the company. SIG plc has a one year low of GBX 86.60 and a one year high of GBX 149.80. Today there are 5,933,223,000 shares in issue of Legal & General Group PLC which are now trading at 250.2 which brings the business's market capitalisation to 14.84B GBP.

Business

CPS on track to pay out social grants on April 1

On Saturday, Mkhwebane announced that, on her "own initiative" she was planning to investigate the South African Social Security Agency (Sassa). CPS is responsible for the distribution of social grants to 17 million beneficiaries. Zuma included Telecommunications Minister Siyabonga Cwele, Communications Minister Faith Muthambi and Home Affairs Minister Malusi Gigaba to the committee.

Business

Oil prices fall amid growing United States output, steady Opec supplies

U.S. drillers added 14 oil rigs in the week to last Friday, bringing the total up to 631, the most since September 2015, energy services firm Baker Hughes said last Friday. The recent drop in oil prices has raised the question of how the world economy would cope with a another sustained slump. US crude oil production did fall somewhat as it became clear that the late-2014 plunge in oil prices wouldn't be reversed quickly.

Business

The countdown begins: Britain to start European Union exit on March 29

London/Brussels: Prime Minister Theresa May will trigger Britain's divorce proceedings with the European Union on March 29, launching two years of negotiations that will reshape the future of the country and Europe. But in his evidence to the committee, Jones said a House of Lords report , published earlier this month, which concluded that leaving the European Union without a deal would mean no legal obligation to pay any financial contribution at all, had been "extremely helpful".

Business

How the Trump Administration Can Undermine Obamacare If Repeal Fails

They are the product of two weeks of negotiations that stretched from the Capitol to the White House to President Trump's Florida resort. The legislation will be taken up on Wednesday by the House Rules Committee and set to be voted on by the House on Thursday - the seven-year anniversary of former President Barack Obama signing the Affordable Care Act.

Business

23 universities, 279 tech institutions 'fake,' warns UGC, AICTE

As per University Grants Commission's circular, Doctor of Philosophy programs are now no more valid thru distance education. Out of the 23 fake universities functioning in India without UGC permit, Uttar Pradesh has nine unrecognised universities and Delhi has seven.

Business

This rendition of Britney Spears' Toxic by a flight attendant is flawless

The video was originally uploaded by Nasir's co-worker Farhan Rzman . It even attracted the attention of Tony Fernandes , group CEO of AirAsia, who shared it on his own Instagram and said: "Classic". "I used to be a performing arts teacher before I became a flight attendant and dance has always been my passion", Nasir told The Huffington Post .

Business

Gionee A1 to launch in India today

Earlier, the smartphone was announced at the Mobile World Congress 2017 last month alongside the premium variant - Gionee A1 Plus. Storage wise, Gionee A1 includes 64GB of internal storage which can be expanded up to 256GB via a microSD card.

Business

Tesla Inc Stock Price Target Boosted After Capital Raise

According to a report by Electrek , potential Tesla buyers have begun to receive emails from the electric vehicle maker stating it will cease production of the Model S 60 and Model S 60D. The Model 3 is a key element in the company's expansion goals, which include ramping up its production to a rate of half a million vehicles by the end of next year.

Business

Cook Group CEO leads smaller list of IN billionaires

Gates' fortune grew from an estimated $75 billion a year ago to $86 billion in 2017. "Midtown Manhattan real estate is down; therefore, so is Donald Trump's fortune", Forbes says. The combined fortunes of this year's billionaires totaled to $7.67 trillion, up from $6.48 trillion in 2016. Others in the top 10 included Amazon founder Jeff Bezos who moved up to number three with the biggest gain of any person on the planet, a $27.6 billion increase to his fortune of $72.8 billion.

Business

Sweet 16 odds: Kansas, North Carolina, Gonzaga highlight favorites

When the committee released its initial rankings in February, it regarded precisely zero Big Ten teams among the top 16 seeds. The ACC is a good conference, but it was never Camelot. The Wolverines (26-11) had a scary moment before the Big Ten tournament when the plane set to carry them to Washington slid off a runway during an aborted takeoff.

Business

Target to open in Macy's backyard in NYC

Projected to open in October 2017, the Herald Square store will be one of 30 stores Target plans to open this year, and will be the company's third location in Manhattan, joining the Harlem and Tribeca stores. "Retail is very challenged around New York and it speaks to the strength of the location because today in New York City, if the retailers can't make money, they won't take the location." " Target joins Sephora and Foot Locker at the best location on the 34th Street retail corridor, ...

Business

Indian billionaires on Forbes's list of world's richest people

The latest estimate - which knocks Trump's ranking to 544th place among the world's richest individuals, from 324th a year ago - is also down $200 million from October, when Forbes had pegged Trump's fortune at $3.7 billion. Herb Simon , owner of the Indiana Pacers, is No. 717 on the list with $2.8 billion in net worth, up from $2.3 billion in 2014. The other two being the co-founders of Snapchat.

Business

Viavi Solutions Inc (NASDAQ:VIAV) & Olin Corporation (NYSE:OLN) Traders Recap

State Street Corp owned approximately 2.47% of Viavi Solutions worth $46,658,000 at the end of the most recent reporting period. After that transaction, this investor is left with a total holding of 0 shares, representing a total investment value of $0.

Business

Vodafone, Idea merge to create giant

Continuing to fall for the second straight session today, Idea Cellular stock plunged almost 8 per cent after it agreed to merge with Vodafone India to create the country's largest mobile phone operator worth more than Dollars 23 billion.

Business

Next Weeks Broker Price Targets For Analog Devices, Inc. (NASDAQ:ADI)

Williams Jones & Associates LLC boosted its position in Analog Devices by 5.7% in the second quarter. Also, SVP Margaret K. Seif sold 3,000 shares of Analog Devices stock in a transaction that occurred on Friday, January 20th. ADI's revenue has grown at an average annualized rate of about 2.7% during the past five years. On 5/18/2016 Analog Devices announced a quarterly dividend of $0.42 with an ex dividend date of which will be payable on 6/7/2016.

Business

Uber's President Quits: Are IPO Plans Toast?

Recode , citing unnamed sources within the company, characterized Jones as a conflict-averse leader whose had determined that Uber's problems were bigger than he realized. Around the same time , of course, Google also sued Uber over alleged theft of trade secrets . Last month , chief executive Travis Kalanick (pictured above) was forced to apologise after video emerged of him getting into a foul-mouthed argument with one of the company's drivers over falling pay rates.


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