Tata Sons will raise $1bn from TCS stake sale

Tata Sons, which holds about 74% in TCS, will sell the software biggie's shares at a price between Rs 2,872 and Rs 2,925 apiece. Citigroup and Morgan Stanley managed the offering. Tata Group's telecom business has a debt of over Rs 40,000 crore ev... More..

by | Published more than a month ago
Twitter suspends accounts for 'tweetdecking'
by | Tuesday, March 13, 2018

Twitter suspends accounts for 'tweetdecking'

Nevertheless, it is the first time Twitter suspends so many accounts that engage in the practice, and some very popular ones like @GirlPosts and @Dory, which have millions of fans. Now, whether these accounts...More..

European Union prepares retaliation on U.S. steel tariffs
by | Tuesday, March 13, 2018

European Union prepares retaliation on U.S. steel tariffs

Trump vowed last week to impose a 25 percent tariff on steel and 10 percent on aluminum imports to the USA, sending global markets into a dive that saw the sell-off of shares in companies producing those ...More..

Damarious Randall will play free safety for Cleveland Browns
by | Tuesday, March 13, 2018

Damarious Randall will play free safety for Cleveland Browns

The move comes from an active Browns team on Friday, who acquired quarterback Tyrod Taylor and wide receiver Jarvis Landry , along with Randall. But around the sport, the past 24 hours of insanity in Cleve...More..

Time Warner Inc (TWX) Expected to Announce Quarterly Sales of $7.95 Billion
by | Tuesday, March 13, 2018

Time Warner Inc (TWX) Expected to Announce Quarterly Sales of $7.95 Billion

Extended Stay America Inc (NYSE:STAY)'s stock on Friday traded at beginning with a price of $19.64 and when day-trade ended the stock finally gained 1.69% to reach at $19.88. Barclays Capital maintained it with...More..

4 candidates win Hong Kong Legislative Council by-election
by | Tuesday, March 13, 2018

4 candidates win Hong Kong Legislative Council by-election

In the end, only two of the four seats up for election were recaptured by Hong Kong's pro-autonomy candidates. The pro-democracy camp aims to win back all the 4 seats it lost. Voting otherwise went undisturbe...More..

Trump halts Broadcom takeover of Qualcomm
by | Tuesday, March 13, 2018

Trump halts Broadcom takeover of Qualcomm

Baird with "Hold" on Friday, September 29. Barclays Capital upgraded the stock to "Overweight" rating in Thursday, July 14 report. The firm has "Neutral" rating given on Tuesday, September 8 by JP Morgan. After...More..

Bound flight makes emergency landing in Albuquerque
by | Tuesday, March 13, 2018

Bound flight makes emergency landing in Albuquerque

Southwest officials added that the diverted aircraft will remain in Albuquerque until their mechanics inspect and clear its return to service. Southwest Airlines 737 like this had to make an emergency landing...More..

Why Tesla Suspended Model 3 Production Last Month
by | Tuesday, March 13, 2018

Why Tesla Suspended Model 3 Production Last Month

Chicago Equity Ltd Liability has 18,420 shares for 0.04% of their portfolio. Strs Ohio owns 72,644 shares or 0.11% of their United States portfolio. In general, I don't have an issue with Tesla increasing t...More..

Sir Tim Berners-Lee Slams Tech Giants On Web's 29th Birthday
by | Tuesday, March 13, 2018

Sir Tim Berners-Lee Slams Tech Giants On Web's 29th Birthday

This has, in turn, enabled these powerful platforms to "control which ideas and opinions are seen and shared". They acquire startup challengers, buy up new innovations and hire the industry's top talent. The ta...More..

Sydney commuters 'tap' with credit cards
by | Monday, March 12, 2018

Sydney commuters 'tap' with credit cards

Next time you catch the light rail or hop on a ferry in Sydney you can tap on and off using your credit card , smart phone or watch - as long as it's connected to an Amex, Mastercard or Visa. "It's great news ...More..

Gas prices in Meadville area inch lower
by | Monday, March 12, 2018

Gas prices in Meadville area inch lower

Prices in the state are also up about 5 cents per gallon to $2.59 a gallon, according to AAA. The highest was about $2.64 per gallon in the Jackson area. Despite the recent decline, gasoline still are at the hi...More..

Air Canada computer issues cause congestion at some airports
by | Monday, March 12, 2018

Air Canada computer issues cause congestion at some airports

Due to a malfunction with Air Canada's system, passengers are unable to check in and drop off baggage. Michael Badejo, spokesperson with the Winnipeg Airports Authority, said four flights have been delayed, a...More..

Kansas employment remained flat in January
by | Monday, March 12, 2018

Kansas employment remained flat in January

The unemployment rate of 3 percent is up slightly from 2.8 percent past year. The number of people classified as unemployed declined to a seasonally adjusted 96,678, the lowest figure since February 2000. The...More..

Factory production up 7.5% in January, February inflation eases
by | Monday, March 12, 2018

Factory production up 7.5% in January, February inflation eases

The indices of industrial production for mining, manufacturing and electricity sectors for the month of January 2018 stands at 114.5, 133.8 and 149.5 respectively, with the corresponding growth rates of 0.1 per...More..

by | Monday, March 12, 2018

(NYSE:CVX) Stake Lowered by Cetera Investment Advisers

Arete Wealth Advisors Llc who had been investing in Gilead Sciences Inc for a number of months, seems to be bullish on the $105.74 billion market cap company. Autus Asset Management Ltd Liability reported 1.37%...More..

Texas waitress' act of kindness results in a $16000 scholarship
by | Monday, March 12, 2018

Texas waitress' act of kindness results in a $16000 scholarship

Laura Wolf, a customer sitting nearby, snapped a photo of Williams doing her good deed. This may seem small but to him, I'm sure it was huge. In the end, Williams said that her caring decision to help cut Cha...More..

Dropbox is staring at a downround IPO
by | Monday, March 12, 2018

Dropbox is staring at a downround IPO

They each plan to sell 2.3 million of their own shares, generating about $39 million. Adding in the value of restricted stock units lifts the company's valuation to around $8 billion. It has more than 500 mil...More..

Goldman Sachs' Harvey Schwartz exits, clearing way for new CEO
by | Monday, March 12, 2018

Goldman Sachs' Harvey Schwartz exits, clearing way for new CEO

On Monday, Goldman Sachs announced that Harvey Schwartz , the firm's other president and co-COO, would retire next month and that Solomon would become the sole executive in those roles. The Wall Street Journ...More..

Midlands police investigate 'Punish a Muslim day' letters
by | Monday, March 12, 2018

Midlands police investigate 'Punish a Muslim day' letters

For example, removing a woman's hijab is worth 25 points, murdering a Muslim is valued at 500 points, and bombing a mosque 1,000 points. The letters, which were received as far afield as Bradford, Leicester, ...More..

JK minister Haseeb Drabu sacked after saying Kashmir 'not political' issue
by | Monday, March 12, 2018

JK minister Haseeb Drabu sacked after saying Kashmir 'not political' issue

The Chief Minister sent a letter to Governor N.N. Vohra informing him that she had made a decision to remove Drabu, sources close to Mehbooba Mufti told IANS. Madni said ever since the PDP was formed, it had ...More..

Roger Federer leading Federico Delbonis at Indian Wells when rain forces delay
by | Monday, March 12, 2018

Roger Federer leading Federico Delbonis at Indian Wells when rain forces delay

Gael Monfils upset No. 15 seed and 2012 runner-up John Isner 6-7 (5), 7-6 (3), 7-5. In the tiebreaker, Federer took a 5-2 lead but Delbonis battled back to win a long rally and tie it 5-5. Djokovic had furth...More..

Sensex, Nifty climb almost 1% on positive global cues
by | Monday, March 12, 2018

Sensex, Nifty climb almost 1% on positive global cues

Major gainers were ITC, Tata Steel, Sun Pharma, Infosys, Wipro, Adani Ports, Bharti Airtel, HDFC, RIL, IndusInd Bank , M&M and L&T, rising up to 2.74. Crude check: Brent crude, the benchmark for more than hal...More..

Republican pushback on Trump tariffs gathers steam, talk of modifications emerge
by | Monday, March 12, 2018

Republican pushback on Trump tariffs gathers steam, talk of modifications emerge

From Washington to Beijing, officials have warned that any such measures by the Trump administration could be met with retaliation. Does the USA steel industry need protection? Trump has said he will re...More..

German giants Eon and RWE strike major deal, move closer together
by | Monday, March 12, 2018

German giants Eon and RWE strike major deal, move closer together

Various other business activities would also be exchanged, while RWE would also make a €1.5 billion cash payment to E.On under the terms of the agreement. The deal, if approved, would spell the end for Innogy a...More..

Intel Reportedly Eyes Broadcom Purchase If Hostile Qualcomm Bid Is Successful
by | Monday, March 12, 2018

Intel Reportedly Eyes Broadcom Purchase If Hostile Qualcomm Bid Is Successful

Intel, though, sees its counterpart's focus in the lucrative 5G field as a boon in the waiting. Broadcom stock jumped 7% in after-hours trading following the report's release, while Intel and Qualcomm stock...More..

Melrose sweetens offer for GKN
by | Monday, March 12, 2018

Melrose sweetens offer for GKN

Under the new terms of the proposed deal, Melrose, a London-based company which invests in firms with a view to improving their financial performance, will pay GKN investors 81 pence in cash for every GKN share...More..

by | Monday, March 12, 2018

Twenty-First Century Fox (NASDAQ:FOXA) Receives Daily Media Impact Score of 0.10

Moreover, Midas Management Corp has 1.5% invested in the company for 51,800 shares. After this sale, 53,438 common shares of FOXA are directly owned by the insider, with total stake valued at $1,943,540. The ra...More..

Gary Cohn's resignation from Trump administration
by | Monday, March 12, 2018

Gary Cohn's resignation from Trump administration

With Trump , you never know. While the full economic impact remains unknown, the political fallout was swift with the top Republican in Congress Paul Ryan publicly denouncing Trump's move, and vowing to push...More..

Trump's new tariffs just got a brutal review
by | Monday, March 12, 2018

Trump's new tariffs just got a brutal review

Unifor National President Jerry Dias is in Mexico City where round 7 of the NAFTA trade talks are taking place. House Speaker Paul Ryan is taking the unusual step of pushing back on President Donald Trum...More..