Economia

Economia ICICI Bank shares dip three per cent after Q1 results
Author: 0 ICICI Bank shares dip three per cent after Q1 results

The deal is subject to requisite regulatory approvals, including from the Reserve Bank of India, Axis Bank added. With more than 90 per cent of transactions originating from its app, FreeCharge is at the forefront of the mobile commerce revolution.

Economia AstraZeneca share price suffers biggest ever drop on drug trial results
Author: 0 AstraZeneca share price suffers biggest ever drop on drug trial results

AstraZeneca said initial results of the study, known as Mystic , showed its Imfinizi immune-oncology drug was no more effective in preventing disease progression than chemotherapy. Imfinzi is a human monoclonal antibody that targets PD-L1 and blocks its interaction with PD-1 and CD80 on T cells. Imfinzi is the company's core IO asset and has so far been approved for use in bladder cancer patients in the US.

Economia Nifty50 crosses 10100-mark, Sensex surges over 250 points
Author: 0 Nifty50 crosses 10100-mark, Sensex surges over 250 points

At 11:22 am, the index was trading at 32,660 level, up 278 points or 0.86 percent. Better-than-expected quarterly profits from key index companies such as Reliance Industries and HDFC Bank, India's biggest lender by market value, have further cheered local sentiment, analysts said.

Economia Vikings' Everson Griffen Signs Four-Year Contract Extension
Author: 0 Vikings' Everson Griffen Signs Four-Year Contract Extension

He was the NFC Player of the Week during Week 3 of the 2016 National Football League season after he had three sacks and three tackles for a loss against the Carolina Panthers . "We have to believe it and they have to believe it". Griffen had two years left on his contract after signing a five-year, $42.5 million contract in 2014.

Economia FreeCharge Finds A New Home: Sold To Axis Bank For $60 Mn
Author: 0 FreeCharge Finds A New Home: Sold To Axis Bank For $60 Mn

FreeCharge was set up in 2010 and attracted marquee investors such as Sequoia Capital before it was acquired by Snapdeal. Jasper Infotech, a firm based in Gurgaon that also owns bleeding online marketplace Snapdeal, has been looking to sell Freecharge for two years, and it now looks like it has found its saviour in Axis Bank .

Economia Lloyds sets up £283m mortgage arrears redress scheme for 590000 customers
Author: 0 Lloyds sets up £283m mortgage arrears redress scheme for 590000 customers

For customers who entered its litigation process during this period, redress will include any fees that were applied unfairly. The bank admitted it had not always ensured customers were given affordable and realistic payments plans. The total PPI warchest has now been bumped up to £2.6bn, which management hopes will see it through to the claims deadline in August 2019. Group chief executive, Antonio Horta-Osório said: "Following the successful transformation of the group to become a ...

Economia Leerink Swann Downgrades Rating On Astrazeneca PLC (AZN)
Author: 0 Leerink Swann Downgrades Rating On Astrazeneca PLC (AZN)

It has outperformed by 19.11% the S&P500. Astrazeneca PLC has a 12 month low of $25.55 and a 12 month high of $35.60. Parkside Financial Bank & Trust now owns 7,040 shares of the company's stock valued at $219,000 after buying an additional 90 shares in the last quarter.

Economia RBA will forge its own path on rates, says Lowe
Author: 0 RBA will forge its own path on rates, says Lowe

But that was immaterial so bonds sold off, yield jumped sharply, including in Australia, and the value of the Aussie dollar rose, topping 80 USA cents briefly last week. If the aussie extends its uptrend, it is likely to find resistance around 0.81 against the greenback, 90.00 against the yen, 1.43 against the euro, 1.01 against the loonie and 1.08 against the kiwi.

Economia Based company to implant chip in employees' bodies
Author: 0 Based company to implant chip in employees' bodies

But the chips won't be used to keep tabs on employees' whereabouts. "Eventually, this technology will become standardized allowing you to use this as your passport". Employees of BioHax International's partner company are doing more research on the pros and cons of the microchip . They didn't even have to work hard to convince them.

Author: 0 PayPal (PYPL) Moves Higher on Solid Q2 Earnings Beat

Roberts covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Fidelity National Financial Ventures, and First Financial Corporation Indiana. This repurchase authorization allows the credit services provider to buy up to 9.3% of its stock through open market purchases. While the company's share hit the 52 week high on 07/13/17 stationing the value of $54.48.

Economia LG Display to invest $7 bn into OLED panels for smartphones
Author: 0 LG Display to invest $7 bn into OLED panels for smartphones

South Korea's electronics giant LG Display confirmed July 26th that it will invest 15 trillion Won (about $13.5 bn) to boost production of OLED screens, for TV sets and cellular devices. The smartphone industry has witnessed an unarguable demand for OLED panels, shifting from the previously used LCD screens. "For small and mid-sized OLED, it is expected to receive additional investment from somewhere else, perhaps Apple", said Lee Min-hee, analyst at Heungkuk Securities.

Economia ON Semiconductor Corp (NASDAQ:ON), Scripps Networks Interactive, Inc. (NASDAQ:SNI)
Author: 0 ON Semiconductor Corp (NASDAQ:ON), Scripps Networks Interactive, Inc. (NASDAQ:SNI)

Calvert Investment Mngmt reported 0.02% stake. Gulf International Bank UK Ltd now owns 23,631 shares of the company's stock worth $1,851,000 after buying an additional 440 shares during the last quarter. It has underperformed by 6.87% the S&P500. Investors wait Scripps Networks Interactive, Inc. This is assuming the current $1.52 EPS is accurate. "Stock Popped Today" on July 19, 2017.

Economia Lyft teams with Taco Bell, offers new free-taco detour option
Author: 0 Lyft teams with Taco Bell, offers new free-taco detour option

Though it's sold as a ideal way to satisfy those late-night munchies, everyone knows that 9 p.m.to 2 a.m. are prime intoxication hours , and adding tacos to a auto filled with drunk people is asking for trouble. Lyft says the first of its kind offering called "Taco Mode" is an in-app option that includes a free Doritos Locos taco when you ride-thru Taco Bell on the way to your next destination.

Economia Airtel to launch VoLTE service to counter Reliance Jio
Author: 0 Airtel to launch VoLTE service to counter Reliance Jio

In a short span of six months since Reliance Jio was launched in the market, data consumption in India went from 20 crore GB to 120 crore GB per month and has been multiplying ever since. Revenue in the fiscal fourth quarter was Rs 8126.1 crore. "The upheaval in the Indian wireless industry continued in the first quarter of 2017-18, despite the new entrant slowly migrating from "free services" to "paid services" but with heavily-discounted unlimited voice and data pricing plans".

Economia Deutsche Bank AG (DB) Rating Increased to Buy at BidaskClub
Author: 0 Deutsche Bank AG (DB) Rating Increased to Buy at BidaskClub

The firm earned "Sell" rating on Thursday, March 23 by DZ Bank AG. The Mariner Investment Group Llc holds 10,000 shares with $41,000 value, down from 180,000 last quarter. AQR Capital Management LLC boosted its position in Deutsche Bank AG by 1,376.5% in the first quarter. As of quarter end Acadian Asset Management LLC had disposed of 1,109,742 shares trimming its holdings by 98.4%.

Economia Barrick says will start Tanzania talks next week as earnings beat
Author: 0 Barrick says will start Tanzania talks next week as earnings beat

Berenberg Bank reiterated a sell rating and set a $15.20 price target on shares of Barrick Gold Corporation in a research report on Friday, June 2nd. The Next Financial Group Inc holds 8,200 shares with $131,000 value, down from 39,300 last quarter. Barrick Gold Corporation's revenue for the quarter was up 7.4% compared to the same quarter past year.

Economia New funding round values SpaceX at $21.2 billion
Author: 0 New funding round values SpaceX at $21.2 billion

With this new valuation, SpaceX also joins seven venture-backed companies valued at $20 billion or more worldwide. Hawthorne-based SpaceX is planning the maiden launch of its Falcon Heavy rockets in November, according to Elon Musk .

Economia Auto production falls for third consecutive month
Author: 0 Auto production falls for third consecutive month

The Society of Motor Manufacturers and Traders (SMMT) said the United Kingdom market was cooling in line with forecasts, following a long period of record growth. It did warn the forecast may be revised due to "market softness" in both the United Kingdom and certain key export markets. The EU remained the biggest region for exports, with a share of 54% so far this year, down by 7.9% on a year ago, with the United States second at 15%, up by more than a third.

Economia London's Walkie Talkie bought for record breaking £1.28bn
Author: 0 London's Walkie Talkie bought for record breaking £1.28bn

In what could be the largest-ever transaction in the United Kingdom for a stand-alone office building , the tower known as the "Walkie Talkie" is about to change hands. "This is partly due to currency fluctuations, but is more indicative of longer-term confidence in London and investment strategies which are not derailed by short-term political uncertainty".

Economia Twitter Tumbles in Second Quarter with Stalled User Base
Author: 0 Twitter Tumbles in Second Quarter with Stalled User Base

Analysts said investors were disappointed that the company hadn't been able to sustain its first quarter , when it added about 9 million monthly users. Monthly active users: 328 million vs. 329 million expected , according to StreetAccount. The social networking company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.27.

Economia Pace Of US Oil Rig Count Growth Slows As Prices Climb
Author: 0 Pace Of US Oil Rig Count Growth Slows As Prices Climb

The price for September futures of Brent oil has increased by 0.41 percent to $51.7 per barrel as of 7:17 a.m. EDT (UTC-4). On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.08% at $49.08 a barrel. Gasoline stocks fell by 1 million barrels, compared with analyst expectations for a 614,000-barrel drop. Oil prices were sitting just below 8-week highs on Thursday, buoyed by hopes that a steeper-than-expected decline in USA crude oil inventories will ...

Economia Russian criminal accused of laundering billions in bitcoins arrested in Greece
Author: 0 Russian criminal accused of laundering billions in bitcoins arrested in Greece

Police said 38-year-old Alexander Vinnik was held on a United States warrant near the northern city of Thessaloniki. The Financial Crimes Enforcement Network, the U.S. Interestingly enough, BTC-e was apparently used by two corrupt USA federal agents, which used BTC-e "to launder their criminal proceeds" to the tune of several hundred thousand dollars each.

Economia Samsung almost doubles Q2 net profit
Author: 0 Samsung almost doubles Q2 net profit

It also benefited from growth in LTE equipment sales. "Although the capex plan for 2017 has not been finalized, the annual capex is expected to be significantly higher than the previous year", the company said Thursday in a press release confirming record-high income statement for the second quarter.