Markets

Ladenburg Thalmann Financial Services Inc. now owns 34,508 shares of the company's stock valued at $1,133,000 after acquiring an additional 9,608 shares in the last quarter. ( EWW ) traded down $0.07 during trading on Friday, hitting $52.10. The firm owned 57,170 shares of the exchange traded fund's stock after selling 20,688 shares during the quarter.
  • William Hill fined £6.2m for accepting criminal money

    William Hill fined £6.2m for accepting criminal money

    Markets

    Online gambling firm 888 was handed a £7.8m penalty past year for "significant flaws" in its safeguarding of customers. "In many respects, this wasn't properly resourced or staffed, so a lot of the checks weren't happening". In fact, the customer had been stealing money from his employer in order to fund his gambling habit. The UKGC also said that should further incidents of failures relating to this case emerge, William Hill will divest any money made from these transactions.
  • Cabinet Approves Commercial Coal Mining For Private Sector

    Cabinet Approves Commercial Coal Mining For Private Sector

    Markets

    Briefing the media, Coal Minister Piyush Goyal said that the opening up of commercial coal mining for the private sector is the most ambitious reform in the coal sector since the nationalisation of this sector since 1973. Rao said that new owners of distressed assets need no longer risk e-auction supplies as commercial coal offers a credible strategy to revive those projects.
  • Gitanjali Gems CFO, company secretary resign; shares continue to fall, down 10%

    Gitanjali Gems CFO, company secretary resign; shares continue to fall, down 10%

    Markets

    Read Chandrakant Karkare's (CFO) resignation letter here. The company informed stock exchanges that CFO Chadrakant Karkare and vice-president (compliance) and company secretary Pankhuri Warange had resigned. "The exchanges keep changing the circuit limits, which typically cushions the rise or the fall in stock prices", Deepak Jasani, Head - Retail Research, HDFC Securities, told IANS.
  • Unsafe swell and surf continues on coast

    Unsafe swell and surf continues on coast

    Markets

    The Bureau of Meteorology are warning beachgoers to expect strong surf and swell conditions and lifesaving groups are urging swimmers and surfers to avoid the ocean. Meanwhile, the search has resumed for a man missing for 36 hours after he was swept out to sea while swimming on a North Coast beach. "Northern New South Wales is expected to experience extremely strong conditions, with waves in excess of four metres as a result of the system pushing down from Queensland", he said.
  • SL Green Realty (SLG) Stock Rating Upgraded by Stifel Nicolaus

    Markets

    Diam Company Ltd who had been investing in Praxair Inc for a number of months, seems to be bullish on the $43.98B market cap company. The stock decreased 0.19% or $0.14 during the last trading session, reaching $73.18. The stock presently has a consensus rating of "Hold" and a consensus target price of $76.22. On Tuesday, January 19 the stock rating was upgraded by Morgan Stanley to "Overweight".
  • Wells Fargo Raises Rating of Coca-Cola (NYSE:KO) To a

    Wells Fargo Raises Rating of Coca-Cola (NYSE:KO) To a "Buy"

    Markets

    Stralem & Co Inc who had been investing in Johnson & Johnson Com for a number of months, seems to be less bullish one the $357.71 billion market cap company. Dana Advsr holds 79,557 shares or 0.33% of its portfolio. Prudential Public Ltd Co holds 5,000 shares or 0% of its portfolio. Panagora Asset Mgmt accumulated 0.31% or 1.72M shares.
  • Singapore Budget 2018: Singapore to build innovative economy, improve urban sustainability

    Singapore Budget 2018: Singapore to build innovative economy, improve urban sustainability

    Markets

    Digital services such as Netflix and Spotify, and possibly even software tools like Microsoft Office 365, could attract a goods and services tax (GST) in Singapore from January 1, 2020, as part of the country's Budget 2018 . - Carbon tax , which will be implemented in 2019, will stand at S$5 per tonne of greenhouse gas emissions from 2019 to 2023. The earlier-announced levy rate increases for the marine shipyard and process sectors, which still face weakness, will also be deferred for ...
  • SpaceX gets United States regulator to back satellite internet plan

    SpaceX gets United States regulator to back satellite internet plan

    Markets

    Further, the service providers looking to perform a similar feat will have to devise a plan to properly calibrate the device with these satellites via accurate tracking so that the users are online every time to access the internet. The company's goal, according to projections obtained by the Wall Street Journal , is to have subscribed over 40 million customers by 2025, which would amount to almost $30 billion in total revenue.
  • Cryptocurrency Miner Infiltrates a Tesla Cloud Server

    Cryptocurrency Miner Infiltrates a Tesla Cloud Server

    Markets

    Several other companies have experienced similar breaches - Gemalto , the world's biggest SIM card maker, and Aviva , a multinational insurance company, both fell victim to the crypto hack as well, among other companies. According to RedLock , Tesla was very receptive to the CSI team's findings, and the "issue was quickly rectified". This involves deploying tools that can automatically discover resources as soon as they are created, determining the applications running on the resource, and ...
  • Korea seeks to shift export strategy as U.S. raises trade barriers

    Korea seeks to shift export strategy as U.S. raises trade barriers

    Markets

    Trump authorised the probes under a 1962 trade law that has not been invoked since 2001. Mr Trump has until mid-April to decide on any potential action and could still seek negotiations with producers. The department suggested three options: a global tariff of 24 per cent on all steel imports; 53 per cent or higher tariffs on 12 countries including South Korea and China; and a quota on steel imports from all countries up to 63 per cent of what those countries imported in 2017.
  • Crude oil futures rise Rs 61 a barrel on global cues

    Crude oil futures rise Rs 61 a barrel on global cues

    Markets

    Traders said that WTI prices found support on the reduced productions from Canada's Keystone Pipeline System, which has lessened Canadian supplies in the USA due to a leak that has slowed operating capacity since late 2017. Although the Organization of Petroleum Exporting Countries and allied producers have succeeded in whittling away most of the glut that triggered the worst market collapse in decades, American explorers have been pumping crude at record rates.
  • Porsche kills off its diesels, because customers no longer want them

    Porsche kills off its diesels, because customers no longer want them

    Markets

    Citing a "cultural shift" Porsche axes all diesel models from the Macan and Panamera lineup. Some may say the writing was on the wall when the new Cayenne was launched with only petrol engines, and today it has been confirmed with production of both Macan and Panamera diesels ceasing, too.
  • Home Depot generates strong Q4 results

    Home Depot generates strong Q4 results

    Markets

    Hm Payson & Company who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $218.33 billion market cap company. The stock's quarterly performance indicates a positive momentum of 12.99 percent, whereas its last one month trend is pessimistic with -5.73 percent.
  • IRS warning of new scam involving fake refunds

    IRS warning of new scam involving fake refunds

    Markets

    Once the money is deposited, the thieves allegedly use several different techniques to try to reclaim the money. The IRS says direct deposit - which the government also uses for Social Security and Veterans Affairs payments - is " simple, safe, and secure ".