• Non-bailable warrants issued against Nirav Modi and Mehul Choksi
Non-bailable warrants issued against Nirav Modi and Mehul Choksi

A PMLA court here on Saturday issued non-bailable warrants (NBWs) against absconder diamantaires Nirav Modi and his uncle and business partner Mehul Choksi in the Rs 12,600-crore (almost $2 billion) Punjab National Bank fraud. "He neither responded to those summonses nor appeared before the agency", special ED prosecutor Hiten Venegaonkar h...

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  • How Many CNX Midstream Partners LP (NYSE:CNNX)'s Analysts Are Bearish?
How Many CNX Midstream Partners LP (NYSE:CNNX)'s Analysts Are Bearish?

The stock decreased 0.69% or $0.44 during the last trading session, reaching $63.52. Alps Advisors Inc. lifted its holdings in shares of Antero Midstream Partners by 15.1% in the 4th quarter. $6,669 worth of Martin Midstream Partners L.P. (NASDAQ:MMLP) shares were bought by BONDURANT ROBERT D. Jefferies has "Hold" rating and $17 target. RBC Capital...

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  • Arsenal star close to tears during emotional team meeting without Arsene Wenger
Arsenal star close to tears during emotional team meeting without Arsene Wenger

While the hosts have a comfortable 16-point lead over second-place Manchester United , Antonio Conte's side is desperately trying to claw its way back into the top four in order to secure Champions League qualification. Harry Redknapp has urged Arsene Wenger to step down from his position at Arsenal. "I know all the managers can be in that...

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  • FedEx says it won't end discount program with NRA in confusing statement
FedEx says it won't end discount program with NRA in confusing statement

There is the usual chorus of thoughts and prayers flowing from the expected corners. A series of national marches calling for gun control are now scheduled for March 24. A 2017 study published in the British Medical Journal , for instance, looked at United States background checks conducted on people wanting to purchase a firearm, and correla...

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  • Stock Market Searches For Direction As Traders Decipher Powell Testimony
Stock Market Searches For Direction As Traders Decipher Powell Testimony

The Dow Jones industrial average fell 372, or 1.5 percent, to 24,238, and the Nasdaq composite dropped 74, or 1 percent, to 7,106. The Standard & Poor's 500 index tumbled 1.3 percent to 2,677.67, the third straight day it has lost at least 1 percent.

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  • Trump Tariffs Would Damage US, Global Economies
Trump Tariffs Would Damage US, Global Economies

These companies may be forced to pass on increased costs from the tariffs to customers by raising prices, making American cars less competitive, said Keisuke Hanyuda of Deloitte Tohmatsu Consulting. Yet previous trade sanctions have failed to stop a steady drop in America's steel jobs. The broad-based S&P 500 was off 0.2 percent to 2,673.14, ...

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  • Analysts Insights on Lexington Realty Trust (LXP)
Analysts Insights on Lexington Realty Trust (LXP)

Pettyjohn Wood & White Inc who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $213.53B market cap company. The stock increased 0.43% or $0.15 during the last trading session, reaching $34.78. (NYSE:WMT). First Quadrant Lp Ca reported 129,551 shares. Corporate insiders own 11.80% of the company's stock. (NYSE...

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  • European Union vows retaliation against U.S. tariffs
European Union vows retaliation against U.S. tariffs

Europe has drawn up a list of U.S. products from bourbon to Harley Davidson motorbikes on which to apply tariffs if U.S. President Donald Trump follows through on a plan to impose global duties on aluminium and steel. "These unilateral measures are not acceptable". BSC analysts said the short-term impact for Russian steel stocks should be limi...

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  • Eldorado Gold (EGO) Earns Media Sentiment Rating of 0.33
Eldorado Gold (EGO) Earns Media Sentiment Rating of 0.33

The RSI oscillates on a scale from 0 to 100. Relative strength index (RSI-14) for Kinross Gold Corporation ( KGC ) is at 34.18. The stock price volatility remained at 4.08% in recent month and reaches at 2.70% for the week. For the current quarter Eldorado Gold Corp (NYSE: EGO ) has average revenue estimates of $112.41 Million, a total number of ...

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  • European markets open lower as U.S. rate hike fears persist
European markets open lower as U.S. rate hike fears persist

Mr. Powell said the Fed sees the potential for positive and negative economic surprises as roughly balanced. "We've got an economy with strong momentum". "We need to let the market work and allow people to find jobs and allow wages to grow ", he urged."I think we should let the process continue". The dollar has strengthened from three-year low...

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  • Lexington Realty Trust (LXP): Stock to Follow
Lexington Realty Trust (LXP): Stock to Follow

It has underperformed by 32.32% the S&P500. The Company is engaged in the business of owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of real estate assets. EDR's total short interest was 7.04M shares in March as published by FINRA. The NYSE listed company saw a recent bid of 26.99 and 364292 shares have tr...

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  • Economy grows 1.92% in Q4 2017, says NBS
Economy grows 1.92% in Q4 2017, says NBS

Washington , DC, February 28, 2018-Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, according to the second estimate released by the Bureau of Economic Analysis. The sector's annual contribution was 8.68 percent in 2017 and 8.35 percent in 2016. In his public debut as chairman of the Federa...

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  • BP Midstream Partners LP (BPMP)'s Stock Is Buy After Today's Significant Increase
BP Midstream Partners LP (BPMP)'s Stock Is Buy After Today's Significant Increase

The latest exchange of 1.92 Million shares is above its average trading activity of 1.38 Million shares. The shares were sold at an average price of $68.03, for a total value of $1,513,735.53. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned "Neutral" rating by JP Morgan on Monday, May 16. The rating was maintained by Guggenheim on ...

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  • Euro zone yields pinned lower as ECB's Draghi talks down inflation
Euro zone yields pinned lower as ECB's Draghi talks down inflation

The euro zone economy has been on its best run in a decade due in great part to European Central Bank efforts to keep borrowing conditions at record lows to spur lending, spending and investment all in the hope of generating inflation. "The U.S.is a different story", Mizuho strategist Antoine Bouvet, said. His statements came a few days before th...

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  • Host Hotels and Resorts' (HST)
Host Hotels and Resorts' (HST) "Equal Weight" Rating Reiterated at Barclays

About 2.99 million shares traded. The institutional investor held 167,207 shares of the consumer services company at the end of 2017Q3, valued at $3.09 million, down from 424,217 at the end of the previous reported quarter. The stock has "Underweight" rating by JP Morgan on Wednesday, July 13. The firm has "Buy" rating given on Wednesday, February ...

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  • Traders Buy Schlumberger (SLB) on Weakness
Traders Buy Schlumberger (SLB) on Weakness

WPX Energy, Inc. (NYSE:WPX) has risen 29.74% since March 2, 2017 and is uptrending. Trustmark National Bank Trust Department decreased Schlumberger Ltd ( SLB ) stake by 28.29% reported in 2017Q3 SEC filing. Timber Creek Capital Ltd accumulated 2.18% or 46,434 shares. Macguire Cheswick Tuttle Counsel Limited Liability Company reported 156,746 shar...

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  • Fed blasts trade protectionism as Trump announces tariffs
Fed blasts trade protectionism as Trump announces tariffs

But the threat of a trade war had overpowered fears of interest rate increases, Hansen said. 'Some of the headwinds the United States economy faced in previous years have turned into tailwinds. "There's no evidence that the economy is now overheating", Mr. Powell said at Thursday's hearing. Powell told the panel that while the unemployment rate...

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  • Air Force One Deal Sealed
Air Force One Deal Sealed

The aircraft must be capable of dealing with missiles and withstanding an electromagnetic pulse. The White House is touting the deal as a saving of more than one billion dollar from the original estimate of five billion dollars, which the President previous year said was "too much money".

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  • No deal reached in President's RFS Meeting
No deal reached in President's RFS Meeting

No deal made". President Donald Trump told representatives of the rival oil and corn industries on Thursday that he supported changing US biofuels policy in a way that would limit costs to refiners while expanding sales of ethanol, a source who attended the meeting told Reuters .

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  • Ford February Sales Drop Nearly 7%, Propped Up by F-Series Trucks
Ford February Sales Drop Nearly 7%, Propped Up by F-Series Trucks

The stock decreased 1.18% or $0.465 during the last trading session, reaching $38.885. Shares of GM (GM) traded as low as $37.46, and were on track for their lowest close since September 11. GM's profit will be $1.84B for 7.21 P/E if the $1.31 EPS becomes a reality. After $1.65 actual EPS reported by General Motors Company for the previous quar...

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  • Officer tells homeless man to leave SC McDonald's
Officer tells homeless man to leave SC McDonald's

Local news station ABC 11 reports that Yossi Gallo on Thursday brought a homeless man into the McDonald's and bought him a free meal to eat. In the video , the officer is seen telling the homeless man, later identified by the officer as James Davis, after he finished eating, that he needed to exit the building and was not allowed to return.

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  • Study Finds Uber, Lyft Drivers Earn Median Income Of $3.37 Per Hour
Study Finds Uber, Lyft Drivers Earn Median Income Of $3.37 Per Hour

The study shows that despite a driver's median gross revenue being $0.59/mile, accounting for vehicle expenses brings that figure down to $0.29/mile. "Because of this deduction, most ride-hailing drivers are able to declare profits that are substantially lower", researchers write. Lyft drivers took home similarly paltry sums.

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  • Microchip Technology Inc. (MCHP) Position Increased by Cookson Peirce & Co. Inc
Microchip Technology Inc. (MCHP) Position Increased by Cookson Peirce & Co. Inc

Profitability analysis greatly helps in making investment decision. TimesSquare Capital Management LLC acquired a new position in Microchip Technology in the 3rd quarter worth about $72,300,000. By looking at the Volatility of the company, Week Volatility is at 2.36%, whereas Month Volatility stands at 3.17%. Several research analysts have rece...

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  • Europe freezes over as 'Beast from the East' arrives
Europe freezes over as 'Beast from the East' arrives

Europe is now being buffeted by "The Beast from the East" - the name given to the cold weather system that's blown in from Siberia. In France, where temperatures were forecast to drop to minus 10 degrees Celsius (14 degrees Fahrenheit) and feel as low as minus 18 C over the coming days, fears ran high for people living on the streets.

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  • Shannon Airport closes until Saturday
Shannon Airport closes until Saturday

Here is what's gone on at the some of the biggest airports. On Delta , travelers set to fly through March 2 through Amsterdam, Ireland , Italy, Scotland and the United Kingdom can rebook through March 9, with the new ticket to be reissued on or before March 7.

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