Markets

Oakbrook Investments LLC now owns 46,855 shares of the healthcare conglomerate's stock valued at $10,330,000 after buying an additional 4,305 shares in the last quarter. Ltd. increased its stake in shares of UnitedHealth Group by 433.3% in the 2nd quarter. Smithbridge Asset Management Inc. Ashmore Wealth Ltd Liability Corporation has 348,103 shares for 2.8% of their portfolio.
  • SoftBank's Uber investment deal closes

    SoftBank's Uber investment deal closes

    Markets

    Uber Technologies Inc . completed its deal with SoftBank Group Corp ., triggering a slate of governance reforms at the ride-hailing company. According to Bloomberg , his estimated fortune is a total of $4.74 billion . The Financial Times first reported Misra's comments earlier Thursday. He added that the company had to "restock human capital" considering that much of Uber's senior leadership-including its rambunctious and polarizing co-founder, Travis Kalanick-departed after being caught ...
  • Budget carrier claims fastest transatlantic flight record

    Budget carrier claims fastest transatlantic flight record

    Markets

    Average travel time for the flight is about five hours and 45 minutes. On Monday, Norwegian flight DY7014 left New York City's JFK airport at 11:44 a.m. Van Dam said the flight would have been quicker if it hadn't been for some turbulence. "We were actually in the air for just over five hours and, if it had not been for forecast turbulence at lower altitude, we could have flown even faster".
  • UK Retail Sales Had Steepest December Drop Since 2010

    UK Retail Sales Had Steepest December Drop Since 2010

    Markets

    It said retail sales were expected to contribute nearly nothing to economic growth in the last three months of 2017. The retail figures showed sales volumes fell 1.5% on November, which was boosted by strong Black Friday trade. The Bank of England expects the squeeze will ease in 2018 as inflation cools and wage growth ticks higher, although surveys of consumers suggest they do not share the central bank's optimism right now.
  • Why Ripple is Substantially More Volatile Than Bitcoin?

    Why Ripple is Substantially More Volatile Than Bitcoin?

    Markets

    Cryptocurrency markets and volatility go hand in hand and this is something that is not unknown, but there are times when the over-the-top price declines of all cryptocurrencies hurt immensely and so it brings us to the question of whether it is possible to predict a crypto crash? The country confirmed earlier this week that it was seeking to further clamp down on its restrictions against virtual currencies by eliminating cryptocurrency trading.
  • OnePlus confirms up to 40000 customers were impacted by credit card hack

    OnePlus confirms up to 40000 customers were impacted by credit card hack

    Markets

    The payments data compromised includes the credit card number, expiry dates, and security codes, and any other information required to complete a purchase. The company recommends that customers check their card statements and report any charges they don't recognize to their bank. The company's reviewing logs and contacting people who might have been impacted by the breach, it says, and working with its payments provider and local authorities to prevent future incidents.
  • How major United States stock indexes fared on Wednesday

    How major United States stock indexes fared on Wednesday

    Markets

    Main Street investors, who have been on the sidelines for most of the nine-year bull run after getting burned in the last market crash in 2008-09, are turning more optimistic. Juno rose $23.65 to $69.25. Spectrum gained $2.65, or 2.2 percent, to $123.13. Some big companies were left out of Wednesday's rally. U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, while weekly jobless claims dropped to a 45-year low last week.
  • Oil prices edge down after USA inventory data

    Oil prices edge down after USA inventory data

    Markets

    Demand growth for 2018 is estimated at 1.3m bbl/day, said IEA, below its projections of 1.6m bbl/day for 2017, with higher prices, shifting China oil use patterns, weaker OECD nations demand and a switch to natural gas in some non-OECD countries all contributing to slower demand expectations.
  • Cryptocurrency prices tank due to regulatory fears

    Cryptocurrency prices tank due to regulatory fears

    Markets

    China , Japan , South Korea and the United States dominate trading in bitcoin , the fastest-growing and geographically most diverse asset bubble the world has seen. Demonstrating the continued volatility of the digital asset, the price of Bitcoin added some $1,400 over the course of less than half a day on the biggest USA -based exchange, Coinbase .
  • Coca-Cola to collect, recycle 100 pct of its packaging by 2030

    Coca-Cola to collect, recycle 100 pct of its packaging by 2030

    Markets

    About 161,340 shares traded. It has underperformed by 16.70% the S&P500. LONG ROBERT EDWARD had sold 26,470 shares worth $1.21M on Friday, August 11. Grantham Mayo Van Otterloo & Co Llc who had been investing in Coca Cola Co for a number of months, seems to be less bullish one the $200.55 billion market cap company.
  • Market Watch: UO Line Over 60 for Philippines Index MSCI Ishares (EPHE)

    Market Watch: UO Line Over 60 for Philippines Index MSCI Ishares (EPHE)

    Markets

    The Earnings Yield Five Year average for iShares Trust - iShares Global Telecom ETF is 0.062322. The score may also be used to spot the weak performers. - iShares MSCI Japan ETF (ARCA: EWJ ) is 49. Bank of Montreal Can now owns 40,595 shares of the company's stock worth $3,395,000 after purchasing an additional 2,085 shares during the last quarter.
  • Recode: Amazon increasing monthly Prime cost by 18%

    Recode: Amazon increasing monthly Prime cost by 18%

    Markets

    That fee isn't increasing, nor is a standalone Prime Video subscription rate of $8.99 a month. The company did say earlier this month that it shipped more than 5 billion items via its Prime service in 2017. "The number of items eligible for unlimited free two-day shipping increased in recent years from 20 million to more than 100 million items". And that's one of Amazon's ultimate goals: It wants as many customers to pay for Amazon Prime upfront and in full, and it wants them to be ...
  • (VLO) Position Reduced by Alpha Windward LLC

    Markets

    It has outperformed by 29.15% the S&P500. Vanguard Group Inc. now owns 34,153,259 shares of the oil and gas company's stock worth $2,303,979,000 after buying an additional 747,980 shares during the period. The firm has "Buy" rating given on Monday, October 16 by Wells Fargo. Northern Trust Corp lifted its stake in shares of Valero Energy by 11.8% during the second quarter.
  • HSBC To Pay $101.5M In Currency Exchange Fraud Settlement

    HSBC To Pay $101.5M In Currency Exchange Fraud Settlement

    Markets

    The complaint filed in U.S. District Court in Brooklyn said two HSBC bankers on. The DoJ's investigation concerned the misuse of confidential information provided to the bank by clients for its own profit in 2010 and 2011. The penalty has approached the bank just a month after it released from a five year deferred prosecution deal with the Justice Department for supporting Mexican drug cartels to launder money and violating global sanctions through doing business with Iran.
  • Wells Fargo's Results: 5 Things to Watch

    Wells Fargo's Results: 5 Things to Watch

    Markets

    Wells Fargo's community banking revenue rose to $12 billion from $11.7 billion in the year-ago quarter. It has underperformed by 7.03% the S&P500. The transaction was disclosed in a filing with the SEC, which is available through this link .