• Gold Steady As Market Focus Turns To US Fed Meeting
Gold Steady As Market Focus Turns To US Fed Meeting

Markets were pricing in around a 78 per cent chance the Fed will raise rates in December, but just a six per cent chance of a rise this week, according to the CME Group's FedWatch Tool. "One common factor is certainly the weaker dollar today". "We think the USA dollar still has a little bit room to push higher ahead of December", he said.

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  • Takeda Trading Halted: In Talk To Buy Valeant's Stomach Drug Business
Takeda Trading Halted: In Talk To Buy Valeant's Stomach Drug Business

The deal could raise as much as US$10 billion for the indebted drugmaker, the people said, asking not to be identified because the discussions are private. As it turned out, Valeant had offered Philidor executives tens of millions of dollars in incentives to sell its products at a time when the relationship between the companies was still secret,...

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  • Elon Musk wants to sell you a solar roof
Elon Musk wants to sell you a solar roof

The fantastic new solar panel roof tiles have been created in partnership between SolarCity and Tesla and can be combined with the Tesla's Powerwall 2 battery which can store 14 kWh of energy, with a 5 kW continuous power draw, and 7 kW peak.

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  • Sony Cuts FY profit guidance on Battery business Sale
Sony Cuts FY profit guidance on Battery business Sale

Sony Corp. on Tuesday reported a drop in income and sales for its fiscal second quarter ended September 30, despite the profit at its film unit. The Tokyo stock market had already closed when the announcement was made on Monday. Chief Executive Officer Kazuo Hirai has relied on the games division - the largest by revenue - while he disposes of ...

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  • Three Tata executives quit, sources say, adding to uncertainty at Indian group
Three Tata executives quit, sources say, adding to uncertainty at Indian group

Ratan Tata, who took over as the interim chairman of Tata Sons after Cyrus Mistry's ouster last week, will "take a relook at strategy" to drive growth, the group's spokesperson has said. Sources knowledgeable about the matter have informed Reuters that Mistry had actually lost favor with household patriarch Ratan Tata and the effective trusts tha...

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  • US Q3 GDP Accelerates to 2-Year High of 2.9%, Beats Expectations
US Q3 GDP Accelerates to 2-Year High of 2.9%, Beats Expectations

Coming ahead of a Federal Reserve policy meeting next week, economists said the data was unlikely to change views that the USA central bank would wait until December, after the November 8 presidential election, to raise interest rates. Investment in residential construction fell for a second straight quarter , while spending by the government bo...

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  • Burgeoning Growth Expected For Celgene Corporation (NASDAQ:CELG)
Burgeoning Growth Expected For Celgene Corporation (NASDAQ:CELG)

The company's institutional ownership is monitored at 96.4 percent. Celgene Corp. Celgene Corp.'s revenue for the quarter was up 27.8% on a year-over-year basis. BTIG Research raised Celgene Corp. from a "neutral" rating to a "buy" rating and increased their price target for the company from $116.14 to $138.00 in a research report on Wednesda...

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  • Investors Catching Stocks: Walgreens Boots Alliance, Inc. (NASDAQ:WBA)
Investors Catching Stocks: Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Keefe, Bruyette & Woods reissued an underperform rating on shares of Walgreens Boots Alliance in a report on Friday, July 22nd. Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

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  • Hot Stocks Alert - Eldorado Gold, (NYSE:EGO), Vanguard Natural Resources, (NASDAQ:VNR)
Hot Stocks Alert - Eldorado Gold, (NYSE:EGO), Vanguard Natural Resources, (NASDAQ:VNR)

According to sentiments of 20 analysts the mean estimates of short term price target for the company's stock is marked at $5.92. 19,976,790 shares of the stock traded hands. The stock of Barrick Gold Corporation (USA) (NYSE:ABX) has "Hold" rating given on Tuesday, May 3 by Canaccord Genuity. On Friday, January 8 the stock rating was upgraded by Ste...

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  • Will respond to Trai and DoT on interconnect penalty, says Sunil Mittal
Will respond to Trai and DoT on interconnect penalty, says Sunil Mittal

The Telecom Regulatory Authority of India has recommended the Department of Telecom to slap total penalty of Rs 3,050 crore on Bharti Airtel, Vodafone and Idea Cellular for not resolving interconnection issue with Reliance Jio despite its direction that led to high call failure on laters network.

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  • Tata Sons former boss says group could see $18 bln in writedowns
Tata Sons former boss says group could see $18 bln in writedowns

Ratan Tata had led the company for 21 years during which the group's revenues had grown from around $6 billion to $100 billion as he made a string of big-ticket purchases. Regarding the company's current projects, he said: "We will evaluate and continue to undertake those that are required to. If there is any change, they will be discussed with you...

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  • Lara Trump celebrates Deepavali at Hindu temple
Lara Trump celebrates Deepavali at Hindu temple

Republican presidential nominee Donald Trump's daughter-in-law visited a well-known Hindu temple frequented by scores of devotees in the state of Virginia and reached out to the Indian American community. Polls have shown that the majority (about 70 percent) of Indian Americans do not support Trump but seem to favor his tough-on-terror stand. The...

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  • Galaxy Note recall, Hyundai strike hit South Korea's growth
Galaxy Note recall, Hyundai strike hit South Korea's growth

Samsung renews its efforts towards making amends with the disappointed Note 7 owners by offering Note 8 or S8 upgrade at half their original price. The massive fail of Note 7 after multiple issues even with replacement units, Samsung was forced to pull the model off the shelves.

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  • Analyst Research Roundup: Deutsche Bank (NYSE:DB), Valero Energy (NYSE:VLO)
Analyst Research Roundup: Deutsche Bank (NYSE:DB), Valero Energy (NYSE:VLO)

Analysts' mean recommendation for Valero Energy Corporation's (VLO ) stands at 2.10. Prior to the last earnings report, Zacks Research had a consensus estimate looking for EPS of $1.01. To analyze a stock, one should look for Upgrades and Downgrades of a stock. The reported EPS for the same quarter a year ago was $0.03. Valero Energy Corp.

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  • Amy Schumer slammed for Beyonce parody she calls tribute
Amy Schumer slammed for Beyonce parody she calls tribute

Schumer shared it via Twitter along with the words "okay ladies watch us get in formation ". Even so, the sight of a pair of white women appropriating a song specifically about black empowerment and black womanhood has not gone down particularly well online.

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  • Rockwell to buy B/E Aerospace
Rockwell to buy B/E Aerospace

Shares in Zodiac Aerospace rose as much as 4 percent and were briefly the second-top gainer in France's SBF 120 Eclaireur index. Combining Rockwell Collins and B/E Aerospace will also improve the company's ability to integrate various parts of its business, with cabin product, network tech and connectivity offerings cited by the airline as key ...

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  • South Koreans seek Note 7 payback from Samsung
South Koreans seek Note 7 payback from Samsung

Erik Venter, CEO of Comair says: "The safety of our crew and passengers is always our foremost priority". A lab report pointed out an issue in the Note 7 batteries that were supplied by Samsung SDI, a sister company of Samsung . However, the trade-in program is only for South Korean customers, which is sure to anger customers in the USA an...

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  • Lexus, Toyota and Buick top Consumer Reports' latest survey
Lexus, Toyota and Buick top Consumer Reports' latest survey

It's the fourth straight year that Lexus came in first and Toyota came in second. The other is the Lexus CT 200-H. The Cadillac Escalade SUV was the worst performer. Fisher said large pickup trucks' drive systems are more complex and raise consumer concerns, and "these trucks are now sold with much more power equipment and in-car electronics, so th...

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  • Paypal Holdings Inc Shares Slip After Weak Guidance
Paypal Holdings Inc Shares Slip After Weak Guidance

The stock remained 1.75% volatile for the week and 2.01% for the month. Other Hedge Funds, Including, National Pension Service boosted its stake in PYPL in the latest quarter, The investment management firm added 59,565 additional shares and now holds a total of 746,608 shares of Paypal Holdings Inc which is valued at $29,296,898.

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  • Salesforce Target Tableau Explored Sale Earlier This Year
Salesforce Target Tableau Explored Sale Earlier This Year

Pegasystems - This software company told the Journal, "While flattering to appear on another organization's acquisition target list, we have not had any discussions with Salesforce on the topic of acquisition". While a lot of companies listed in the presentation can be tossed into the "not happening" or "already happened" piles, others remain bes...

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  • New Rules Would Refund Checked Baggage Fees For Delayed Luggage
New Rules Would Refund Checked Baggage Fees For Delayed Luggage

According to Air Transportation World , the DOT is also exploring regulations that include forcing airlines to refund baggage fees if the bags are substantially delayed and forcing airlines to disclose all costs associated with a ticket, such as baggage fees, seat assignment fees, as well as change and cancellation fees.

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  • J&J revenue, profit edge past estimates on robust drug sales
J&J revenue, profit edge past estimates on robust drug sales

In the third quarter, J&J revenue rose to US$17.82 billion from US$17.10 billion a year earlier. Pfizer late on Monday said it would begin U.S. shipments of Inflectra, its biosimilar form of Remicade, by late November at a 15 per cent discount to J&J's current wholesale prices.

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  • Netflix soars 20% as new subscribers stream in
Netflix soars 20% as new subscribers stream in

Next year, Netflix plans to release 1,000 hours of original content, a big increase over the 600 hours the company put out this year. Netflix shares soared almost 20 percent to 119.60 in after-market trades that followed release of quarterly earnings figures that showed revenues topped 2 billion for the first time in a 39 percent increase fro...

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  • Environmental activists disrupt multiple oil pipelines in US
Environmental activists disrupt multiple oil pipelines in US

Carl Weimer, executive director at the industry watchdog Pipeline Safety Trust, said the action was a " dangerous stunt". Enbridge's Shannon Gustafson said at that point the company had already shut down the two lines "out of an abundance of caution, to protect our communities, first responders, and the protesters themselves".

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  • Every vote counts, warns Al Gore, recalling 2000 defeat
Every vote counts, warns Al Gore, recalling 2000 defeat

Hillary Clinton just gave Democrats an after school special starring Al Gore on the dangers of taking anything for granted, and not voting. The former Tennessee senator used that scenario to demonstrate how important Florida's votes will be on election day - talking against chants of, "you won!" "I'm here today with two very simple messages", G...

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