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Markets

Yesterday, the rupee had claimed some of its lost ground to end 3 paise higher at 64.76 against the USA dollar, breaking a two-session losing run. Besides, a heavy dollar unwinding by traders and exporters supported the rupee recovery. The flagship BSE-sensex shot up by 323 points to end at 34,142.15, while Nifty jumped 108 points at 10,491.05. The rupee had been on a weak trend this week amid worries over United States rate hikes and outflows from domestic capital markets.
  • Advisors Preferred LLC Takes $166000 Position in Realty Income Corp (O)

    Markets

    The stock was bought at an average cost of $25.20 per share, for a total transaction of $198,576.00. Realty Income Corporation (NYSE:O) has declined 8.21% since February 21, 2017 and is downtrending. The company was maintained on Thursday, October 29 by Stifel Nicolaus. The company was upgraded on Thursday, January 7 by Robert W. Baird. Also, the Hold rating count is 1, as of 21 Feb 2018.
  • KFC apologizes for chicken shortage in the United Kingdom with epic ad

    KFC apologizes for chicken shortage in the United Kingdom with epic ad

    Markets

    KFC issued a statement to say that the shortage is due to problems with a new delivery company. A spokesperson for the restaurant said: "We have yet to receive stock to our store and we do not know when we will re-open". According to Campaign, 700 of the 900 United Kingdom restaurants had reopened as of yesterday. DHL, which recently took over the KFC contract from Bidvest Logistics, said that "due to operational issues a number of deliveries in recent days have been incomplete or delayed".
  • General Mills to pay $8B for Blue Buffalo natural pet food maker

    General Mills to pay $8B for Blue Buffalo natural pet food maker

    Markets

    Pacer Advisors Inc. now owns 20,325 shares of the company's stock valued at $576,000 after buying an additional 2,099 shares during the period. Advisor Group Inc. Oppenheimer reaffirmed a "buy" rating and issued a $37.00 target price on shares of Blue Buffalo Pet Products in a research note on Wednesday, January 24th.
  • Several of BB&T's banking services unavailable due to technical issue

    Several of BB&T's banking services unavailable due to technical issue

    Markets

    Cybersecurity is not believed to be related to this issue at this time. The bank restored service by 11:30 Friday morning. Davis said customers should be aware that some information they will see about their accounts hasn't yet been fully updated, but will be available and updated later Friday.
  • Sensex, Nifty close high over gains in global equities

    Sensex, Nifty close high over gains in global equities

    Markets

    All the 19 sub-indices of the BSE closed with gains, led by metals, banking and healthcare sectors. "US bond yields have fallen and so sentiment is higher", said Anita Gandhi, whole time director, Arihant Capital Markets. Three rate rises are now nearly fully priced in for this year, compared to two as recently as December. Hong Kong's Hang Seng added 1 percent to 31,267.17 and Seoul's Kospi rose 1.5 percent to 2,451.52.
  • Profit at Aer Lingus reaches €269m in 2017

    Profit at Aer Lingus reaches €269m in 2017

    Markets

    British Airways owner IAG SA is following European rivals in a capacity splurge led by an expansion of its low-priced Level and Aer Lingus long-haul divisions, while going on the offensive in Europe . Both passenger unit revenue and non-fuel unit costs are expected to improve at constant currency. IAG declared a full-year dividend of 27 cents per share , up 15 per cent , and it also announced it would return € 500m to shareholders over the course of 2018 in its second share buyback ...
  • Anthera Pharmaceutic (ANTH): Stock's Stunning Activities

    Anthera Pharmaceutic (ANTH): Stock's Stunning Activities

    Markets

    The firm has "Buy" rating by SunTrust given on Monday, January 8. The hedge fund is investor in the Health Care sector. The data from the past twelve months tells a similar story: insiders executed 2 buys, and ownership increased by a net of 13550 shares.
  • WI: Plane Slides Off Runway at Austin Straubel Airport

    WI: Plane Slides Off Runway at Austin Straubel Airport

    Markets

    The plane ran into trouble after landing just after 3am local time. DeSimio told CBS News it took 45 minutes to deplane in Green Bay. While landing in Green Bay, snow on the ground caused the aircraft to slide off the runway. We were making- we were slowing down, but then you could feel kind of the brakes not have any more traction and we continued off the runway into the field.
  • Some Instant Pot slow cookers could overheat

    Some Instant Pot slow cookers could overheat

    Markets

    Before you plug in your Instant Pot to make tonight's dinner, you might want to take a closer look at your unit. Scripps station KTNV in Las Vegas reached out to Instant Pot about the claims and it turns out this isn't an isolated incident.
  • A Conspiracy Theory About A Stoneman Douglas Student Reaches No

    Markets

    YouTube eventually removed the video, but not before it had been viewed more than 200,000 times and reached No. 1 on the company's trending page, where the most popular videos at any moment are on view. Hogg and his fellow students have called on the USA government to introduce tighter gun controls in the United States following the shootings - with Hogg saying that Americans should have the right to own weapons, as long as they are "not going to go out and commit these atrocities".
  • NXP Semiconductors NV (NASDAQ:NXPI) Position Lowered by Opera Trading Capital

    Markets

    Shares of NXP Semiconductors NV ( NASDAQ NXPI ) traded up $0.11 during midday trading on Thursday, hitting $125.71. NXP Semiconductors has a consensus rating of "Hold" and an average target price of $117.00. Finally, Cambridge Advisors Inc. bought a new position in NXP Semiconductors in the fourth quarter valued at about $1,102,000. Illinois-based Inspirion Wealth Lc has invested 0.31% in 3M Company (NYSE:MMM).
  • Stocks Movement Analysis: Microsoft Corporation (MSFT), Pfizer Inc. (PFE)

    Stocks Movement Analysis: Microsoft Corporation (MSFT), Pfizer Inc. (PFE)

    Markets

    Perella Weinberg Partners Capital Management Lp who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $73.50 billion market cap company. Commonwealth Natl Bank Of reported 599,702 shares. (NASDAQ:BMRN). Tiaa Cref Investment Mgmt Limited Liability Corp, New York-based fund reported 2.15 million shares.
  • Real Madrid confirms injuries to Marcelo, Luka Modric

    Real Madrid confirms injuries to Marcelo, Luka Modric

    Markets

    Despite winning major trophies last season, this season was marred by draws and unexpected losses. The Los Blancos side registered a thrilling 5-3 victory over Real Betis side on Sunday. The five-time Ballon d'Or victor had undergone a lot of criticism over his form and lack of contribution to the team. The former Real Betis midfielder reportedly let it be known he wasn't best pleased but perhaps he should have been grateful for some game time given he had not featured in La Liga since ...
  • RBS reports first annual profit in a decade

    RBS reports first annual profit in a decade

    Markets

    In the quarter, operating loss before tax was 583 million pounds, down from loss of 4.06 billion pounds in the prior year. The CEO's pay fell in 2017 as a result of the bad publicity around the bank's brand image. RBS expects to incur restructuring charges of around 2.5 billion pounds across 2018 to 2019 cumulatively. "With many of our legacy issues behind us, the investment case for this bank is much clearer and the prospect of returning any excess capital to shareholders is getting ...
  • Chinese Regulator to Take Over Anbang Insurance

    Chinese Regulator to Take Over Anbang Insurance

    Markets

    China took over Anbang Insurance Group for a year on Friday and said its former chairman faces prosecution for "economic crimes", in the government's most drastic move yet to rein in politically connected companies whose splashy overseas investments have fuelled fears of a financial collapse.