Finance

Viacom is out of the running for deal to buy Scripps Networks

Viacom is out of the running for deal to buy Scripps Networks Moreover, Horrell Capital Management Inc. has 0.91% invested in the company for 70,800 shares. In Services sector, shares of Scripps Networks Interactive, Inc. If you are viewing this report on another site, it was illegally stolen and republished in violation of USA and global copyright & trademark laws. (NASDAQ:SNI). [Full Article...]

Anadarko Petroleum Corporation's (APC) "Buy" Rating Reaffirmed at Stifel Nicolaus

Anadarko Petroleum Corporation's (APC) The institutional investor owned 1,975,465 shares of the oil and gas development company's stock after buying an additional 146,863 shares during the period. More interesting news about Anadarko Petroleum Corporation (NYSE:APC) were released by: Seekingalpha.com and their article: "Can Anadarko Petroleum Continue To Tread Water?" published on July 23, 2017 as well as Seekingalpha.com's news arti... [Full Article...]

Couple terrified by enormous huntsman spider

Couple terrified by enormous huntsman spider The couple haven't seen the spider since it scuttled away. Although huntsman spiders are not extremely risky they will bite if provoked. If you have arachnophobia (which is the fear of spiders) then this video might freak you out just a little. [Full Article...]

Trump says Yellen still in the running for renewed term

Trump says Yellen still in the running for renewed term Mr. Trump reiterated that he thinks Ms. Yellen is doing a good job and he has "a lot of respect for her", and said she is still in the running to serve a second four-year term as leader of the central bank. He said he expected to announce a nominee by the end of the year. "I've gained great respect for Gary working with him", the paper quoted Trump as saying on Tuesday. [Full Article...]

UK Wins Battle to Build Full Electric Mini

UK Wins Battle to Build Full Electric Mini As for the present, BMW expects to end 2017 with 100,000 electrified vehicles sold and 200,000 on roadways. BMW says that all its brands and models could be electrified with either a full-electric or a plug-in hybrid drivetrain that could be offered along with the regular internal combustion engine options. [Full Article...]

Nitish Kumar sworn-in as Bihar CM for 6th time

Nitish Kumar sworn-in as Bihar CM for 6th time In Delhi, Congress vice president Rahul Gandhi lashed out at Kumar accusing him of acting for "selfish political motives". "This is a black day indeed for Indian democracy", the Congress leader said. "But we will never ever compromise with corruption", Tyagi said. You can criticise Kumar for having no political morality, for using ideological excuses only when it suits him, for caring about ... [Full Article...]

AstraZeneca Faces Major Setback Over Cancer Drugs

AstraZeneca Faces Major Setback Over Cancer Drugs As a secondary endpoint, although not formally tested, Imfinzi monotherapy also would not have met a pre-specified threshold of progression-free survival benefit, the company added. Franklin has the drugmaker as a "buy" with a (perhaps optimistic) target price of £55. Specifically, treatment with durvalumab and tremelimumab failed to demonstrate a statistically significant improvement in progres... [Full Article...]

Lloyds reports best interim profit in eight years despite £1bn hit

Lloyds reports best interim profit in eight years despite £1bn hit But he pointed out that it was impossible to draw a complete line under redress, comparing mis-selling and sometimes inappropriate behaviour to bad debts. The bank set aside £350m for PPI in the first quarter. In another blow to the bank that is only several months free from government ownership, its profits were affected by higher than anticipated conduct charges, mostly stemming from its payme... [Full Article...]

Man shot dead outside Sydney central station

Man shot dead outside Sydney central station The NSW police said officers were called to the site around 6.45pm (8.45am GMT) after the owner of the flower shop was targeted by the man - identified as Danukul Mokmool. "That investigation will be subject to independent review and all information will be provided to the Coroner". 'I just feel sorry for him, he lose his life, the young man, ' he told the Sydney Morning Herald . [Full Article...]

Home Sales Improve Slightly in June

Home Sales Improve Slightly in June Regionally, new-home sales figures were more volatile when comparing June 2016 to this past June. The sales pace put the supply of available homes at 5.4 months, up slight from 5.3 months in May. The size of the construction workforce in the U.S. declined to 10.4 million in 2015 from 10.6 million near the bottom of the market in 2010, according to an analysis of U.S. [Full Article...]

Lyft drivers pissed about messy Taco Bell partnership

Lyft drivers pissed about messy Taco Bell partnership Users craving a chalupa or bean burrito can select " Taco Mode " when hailing a ride using the Lyft app. Lyft passengers in a "tight region" around the Taco Bell in Newport Beach can try out Taco Mode this Thursday through Sunday, July 27-30, and again next weekend, August 3-6, between 9 p.m. [Full Article...]

Militias renew attacks in Central African town, kill peacekeeper

Militias renew attacks in Central African town, kill peacekeeper The U.N. peacekeeping mission in Central African Republic says two Moroccan peacekeepers have been killed in a southeastern town where another Moroccan was killed Sunday. Another Moroccan peacekeeper was killed there Sunday. The French Foreign Ministry, which also denounced the attack, underscored Morocco's commitment to peacebuilding in Africa, and called for an effective disarmament of armed g... [Full Article...]

Sensex, Nifty retreat from record highs on F&O expiry

Sensex, Nifty retreat from record highs on F&O expiry The BSE Midcap and BSE Small cap indices closed 0.54 per cent and 0.51 per cent lower respectively. The Standard & Poor's 500 index edged up less than 0.1 percent to 2,477.83, adding a whisper to the record high set a day earlier. Hectic shortcovering in view of July expiry day amid dovish stance by the US Federal Reserve and optimism over slew of corporate earnings later in the day spurred th... [Full Article...]

Axis Bank confirms Freecharge acquisition for Rs 385 crore

Axis Bank confirms Freecharge acquisition for Rs 385 crore Mumbai: Yes Bank reported a net profit of Rs 966 crore for the quarter-ended June 2017 - an increase of 32% over Rs 732 crore in the corresponding period a year ago. The total business of the bank grew 23% to Rs 1,72,145.95 crore with deposits going up 18% to Rs 95,838.84 crore and advances rising 29% to Rs 76,307.11 crore. [Full Article...]

US Crude Oil Production Forecast Expected to Reach Record High in 2018

US Crude Oil Production Forecast Expected to Reach Record High in 2018 Meanwhile, oil in floating storage in the North Sea hit another 2017 high this week, at 12 million barrels, according to energy data provider Kpler - one more sign that there is still quote a lot to do before the glut goes away. "The U.S. market was the most affected by this reduction". Nigerian output slipped this week as leaks forced Shell to shut a pipeline exporting some 180,000 bpd of oi... [Full Article...]

Country faces fuel shortage as oil tankers go on strike

Country faces fuel shortage as oil tankers go on strike Keeping in view the public interest of uninterrupted fuel supply, he said, OGRA would sit with Oil Marketing Companies to review technical standards and give them appropriate time for their implementation in letter and spirit. The oil tankers' owners faced scrutiny after the tragic incident in Bahawalpur on June 25, which claimed the lives of over 200 people. The deceased included villagers and pa... [Full Article...]

Snapdeal is selling FreeCharge to Axis Bank at a huge markdown price

Snapdeal is selling FreeCharge to Axis Bank at a huge markdown price The deal is subject to regulatory approval from the Reserve Bank of India (RBI) and the indicative time-frame to complete the acquisition is two months, the private sector lender said in an exchange filing. This acquisition of Freecharge comes as Axis Bank has been pushing for its online payments and banking services for a while now. Experts told YourStory that this would not just give Axis Ba... [Full Article...]

Samsung Electronics net up 89 pct in Q2

Samsung Electronics net up 89 pct in Q2 Samsung said a memory chip boom that propelled it to record profit in the second quarter is likely to continue in the third, just as revenue is widely expected to benefit from sales of OLED screens to Apple. Looking forward, the company is expecting "solid sales" in its flagship S8 and new Note devices, but did warn its quarter-on-quarter profitability would fall due to increased marketing acti... [Full Article...]

HTC announces standalone VR headset for Chinese market

HTC announces standalone VR headset for Chinese market The Standalone Vive VR headset from HTC will further support apps from the company's in-house Viveport store , and will not rely on Google's Play Store the way a certain Daydream-ready headset does. "Snapdragon 835 is created to deliver superior VR experiences without the need for wires or a separate PC", said Hugo Swart, Senior Director of Product Management at Qualcomm. [Full Article...]

Ford makes $2B in second quarter, up 3.7%

Ford makes $2B in second quarter, up 3.7% Meanwhile, the luxury Lincoln brand also performed well in both the USA and China. "In China, the brand capped its best ever quarter with record June sales, up 84 percent", Ford added. Pretax profit for Ford Credit was $619 million, a 55 percent increase over the same quarter a year ago. Bill Ford said then he wants Hackett, the tech-talking "change agent", to "re-energize" the company by movi... [Full Article...]


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