Business

Business Korea angst shows signs of abating as stocks rise
Author: 0 Korea angst shows signs of abating as stocks rise

The VIX index, a measure of the volatility of S&P 500 index options that's typically referred to as the "fear index", meanwhile, jumped to a three-month high of more than 15. Disappointing economic data releases weighed on both sides of the Atlantic today with a negative goods trade balance for the United Kingdom (-0.1% versus expectations of 1.4%), higher unemployment claims from the USA (244,000) and also a negative month-on-month PPI figure for the U.S.

Business Superb DVD and Blu-ray rental service for film fans closing
Author: 0 Superb DVD and Blu-ray rental service for film fans closing

Amazon, who now owns the service, explained that the shift towards online streaming was an obvious factor in deciding to cease the DVD rental service. "It's not great, to be honest", customer Michael Harrison told the BBC . The email states that users of Lovefilm By Post - the service bought by Amazon back in 2011 - will no longer be able to rent DVDs and Blu-rays from 31 October.

Business DCP Midstream Partners LP
Author: 0 DCP Midstream Partners LP

The stock decreased 1.49% or $0.23 on August 14, reaching $15.25. About 121,651 shares traded. It also reduced Kelly Services Inc. Fort Washington Investment Oh owns 0.13% invested in EQT Midstream Partners LP (NYSE:EQM) for 98,900 shares. Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources' production.

Author: 0 Brokers Opinions on: The Coca-Cola Company (KO)

It has outperformed by 12.37% the S&P500. Analysts anticipate that Coca-Cola European Partners PLC will post $2.51 earnings per share for the current year. 102 funds opened positions while 503 raised stakes. A stock with a beta less than 1 is considered less volatile than the market; more than 1 means more volatile.

Business The Guggenheim Reaffirms Buy Rating for Tesla Inc. (TSLA)
Author: 0 The Guggenheim Reaffirms Buy Rating for Tesla Inc. (TSLA)

Finally, Lourd Capital LLC raised its position in Tesla by 1.6% in the second quarter. Cornerstone Advisors Inc. increased its position in shares of Tesla by 2.3% in the second quarter. Finally, Candriam Luxembourg S.C.A. boosted its position in shares of Tesla by 17.9% in the first quarter. A number of equities analysts recently weighed in on the company.

Author: 0 U-turn on North Korea; US opts for diplomacy

The U.S. goal, the two men said, is a denuclearized Korean Peninsula and not "regime change or accelerated reunification of Korea". China has indicated that it would stay neutral in the event of a North Korean attack on the USA or its allies.

Business Berkshire Hathaway (NYSE:BRK/B) Earns News Impact Score of 0.17
Author: 0 Berkshire Hathaway (NYSE:BRK/B) Earns News Impact Score of 0.17

In a regulatory filing detailing its US -listed stock holdings, Berkshire said it owned about $521 million of Synchrony shares as of June 30. Berkshire Hathaway (NYSE BRK-B) opened at 175.34 on Wednesday. The average 12 month target price among analysts that have covered the stock in the previous year is $201.73. Warren Buffett's Berkshire Hathaway has sold off its stake in General Electric , according to U.S.

Business Target to acquire Grand Junction to improve delivery
Author: 0 Target to acquire Grand Junction to improve delivery

Grand Junction is a San Francisco-based company that provides a software platform to a variety of retailers and distributors to manage local deliveries through a network of more than 700 carriers. "Target is seizing a tremendous opportunity to leverage local delivery as a retail differentiator", Grand Junctionn CEO Rob Howard said in a statement.

Business Aamby Valley to go under the hammer for Rs 37392 crore
Author: 0 Aamby Valley to go under the hammer for Rs 37392 crore

The city has several amenities such as golf course, airport, hospital, adventure sports, retail, entertainment, worldwide school and hospitality. "The Official Liquidator hereby invites the Prospective Bidder (s) to submit their KYC Form and on qualification, invites bids from Intending Bidder (s) along with an amount of Fifteen Percent (15 per cent) of the Reserve Price as Earnest Money to be paid through RTGS or NEFT for the sale of the Aamby Valley City through Auction I or Auction II", ...

Author: 0 ON Semiconductor Corporation (ON) Cut to Buy at ValuEngine

The stock has "Outperform" rating by FBR Capital on Monday, March 7. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company's stock valued at $137,000 after buying an additional 18,105 shares during the last quarter. If you are viewing this report on another publication, it was stolen and republished in violation of United States & worldwide copyright and trademark laws.

Business California Sues DOJ Over Threat To Pull Funding For Sanctuary Cities
Author: 0 California Sues DOJ Over Threat To Pull Funding For Sanctuary Cities

Both lawsuits name Sessions and the DOJ as defendants, and seek a court order to prevent the Trump administration from attaching new conditions to the law enforcement grants. "This president is bent on trying to vilify immigrants and punish cities that prioritize real, effective public safety over splitting up hard-working families", Herrera said.

Business European stocks slide amid US-North Korea tensions
Author: 0 European stocks slide amid US-North Korea tensions

Significant strength is also visible among computer hardware stocks, as reflected by the 1.1 percent advance by the NYSE Arca Computer Hardware Index . It is not just North Korea that has the potential to surprise investors. "It seems to have died down a bit now", said Caroline Simmons, deputy head of the United Kingdom investment office at UBS Wealth Management.

Business Aldi partners with Instacart for online delivery
Author: 0 Aldi partners with Instacart for online delivery

Aldi has previously said it would invest $3.4bn (£2.62bn) to expand its USA store base to 2,500 by 2022, up from its current level of around 1,600. "Last year, online grocery sales were about $20.5 billion", Bose reports . "The U.S. isn't structurally set up for online [groceries] in many ways, because everyone has a auto outside of downtown Manhattan or big cities", Roberts tells her.

Business North Korea Has Markets Nervous But Not Panicked
Author: 0 North Korea Has Markets Nervous But Not Panicked

Geopolitical risk can boost demand for assets seen as safe-havens such as gold. Still, there were fewer signs of anxiousness in the markets on Friday. Monthly U.S. inflation readings should rise, even while it takes longer for the annual measures preferred by the Fed to rebound, New York Fed President William Dudley said.

Business Ryanair Calls For Airport Alcohol Ban And
Author: 0 Ryanair Calls For Airport Alcohol Ban And "Two-Drink Limit"

Licensing laws which affect pubs, bars and shops do not apply to "airside" areas of airports, the zones in which passengers wait for flights after passing through security. It said that most incidents involved alcohol in some way. Low-priced airline Jet2 has already banned alcohol sales on flights before 08:00 and managing director Phil Ward agreed further action was needed.

Business Costly crossing: London bridge project closed down
Author: 0 Costly crossing: London bridge project closed down

Khan officially withdrew support for the project earlier this year, citing soaring construction costs and potential maintenance issues outlined in an April report conducted by Labour MP Margaret Hodge. The Garden Bridge Trust, the charity created to build and run the proposed garden bridge, has informed the Mayor of London, Transport for London, and the Department of Transport of its decision to shut down the project.

Business VF Corp. Adds to Portfolio With $820 Million Purchase of Williamson-Dickie
Author: 0 VF Corp. Adds to Portfolio With $820 Million Purchase of Williamson-Dickie

VF expects the brands will add more than $1 billion in revenue to its balance sheet by 2021. During the recent 12 months Williamson-Dickie's revenue was about $875 million, the news release stated. "For almost a century we've worked hard to judiciously grow our company and portfolio of strong brands to maintain our leadership in the global workwear marketplace", said Williamson.

Business Uber introduces in-app tipping system
Author: 0 Uber introduces in-app tipping system

Other changes being introduced later this week include a shortened wait time of two minutes (previously five minutes) after which the driver will charge you and additional 20 pence per minute waited (R3.50). The Independent Workers' Union of Great Britain, which now includes United Private Hire Drivers group, the industry body representing minicab drivers and laed by the lead claimant in the landmark Uber employment tribunal case, said the latest efforts field to deal with the major ...

Business Sri Lanka likely to tour Pakistan for T20s in September
Author: 0 Sri Lanka likely to tour Pakistan for T20s in September

He also urged other nations to come out in support of Pakistan saying that there is always a risk. Since that incident, top teams have stayed away from travelling to Pakistan - only Zimbabwe of the Test-playing countries visited Pakistan, in 2015, for three T20Is - and it will be a huge shot in the arm for Pakistan cricket if Sri Lanka were to return to the scene of one of the darkest moments in cricket history.

Business Holy Cryptocurrency Batman! Bitcoin Value Leaps to New Record
Author: 0 Holy Cryptocurrency Batman! Bitcoin Value Leaps to New Record

Due to the price upturn, bitcoin market cap escalated to a record $66,5 billion, according to CoinMarketCap data. "There are now over 800 cryptocurrencies out there, though just nine have a market cap in excess of $1 billion". According to the Central Bank of Russia, Moscow will develop a national cryptocurrency over the next two-to-three years, Gazeta.ru reports. "Up until now a lot of people didn't really believe bitcoin could go any higher until the scaling issue is resolved", said ...

Business Sensex recovers over 250 points, Nifty reclaims 9800-mark
Author: 0 Sensex recovers over 250 points, Nifty reclaims 9800-mark

The gauge had lost 1,111.82 points in the last five days. The S&P BSE metal index augmented by 433.49 points, followed by the consumer durables index by 432.96 points, and the capital goods index by 349.96 points. The gains were broad-based with all the sectoral indices, barring IT, on the BSE ending in the green. European markets were also higher today. Market heavyweight RIL gained 1.7 per cent while ICICI Bank rose 1.6 per cent.

Business Asian shares, United States stock futures slip on rising Korean tensions
Author: 0 Asian shares, United States stock futures slip on rising Korean tensions

The strength on Wall Street is partly due to bargain hunting, with traders picking up stocks at reduced levels following the pullback seen over the past few sessions. It was down 0.2 percent at 108.96 yen, after retreating 0.7 percent on Thursday. Both slid to more than one-month lows. The attraction of the franc in the face of the Korean situation, however, has pulled it back from long-term lows hit earlier this month.

Business Facebook anonymously photo launches app
Author: 0 Facebook anonymously photo launches app

It allows users to create shared photo album with their friend and vice versa. If the app fails, the social network may rue its decision to take the leap. The Cyberspace Administration of the China didn't respond the request for the comment from the Times . Now it seems, Zuckerberg is trying a completely different tactic: secretly entering China by anonymously releasing an app there.

Business Japan second-quarter GDP beats expectations
Author: 0 Japan second-quarter GDP beats expectations

Compared to the previous quarter, Japan's GDP in April-June increased by 1% against an expected rise of 0.6%. Industrial output is forecast to slow in the current quarter, but will remain robust enough to keep the economy growing at a fast clip, said Marcel Thieliant of Capital Economics.

Business Asian markets mixed after strong Japan GDP
Author: 0 Asian markets mixed after strong Japan GDP

Australian stocks .AXJO rose 0.75 percent and South Korea's KOSPI .KS11 climbed 0.6 percent. Meanwhile, Japan's Nikkei 225 traded 1.01 percent lower at 19,531.00 by 05:50GMT, while at 05:00GMT, the FxWirePro's Hourly Yen Strength Index remained neutral at 73.96 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend).

Business July WPI inflation quickens after four months on higher food prices
Author: 0 July WPI inflation quickens after four months on higher food prices

Inflation based on the wholesale price index (WPI) was 0.90 percent in June 2017 and 0.63 percent in July 2016. In June, the prices had contracted by 3.47 percent. A nationwide GST was implemented on July 1 which combined a plethora of central and state levies into a four tier tax structure of 5, 12, 18 and 28 per cent for all goods and services.