Chartist Inc Ca Exits Position in NVIDIA Corporation (NVDA)

13 Aug, 2016

The chip maker said it expects revenue for its third fiscal quarter to be around $1.68 billion, plus or minus 2%, compared to the consensus estimate of $1.425 billion. Lastly, Nvidia pivoted its Tegra mobile chips toward connected cars, which gave it a firm foothold in infotainment systems and onboard computers for autonomous vehicles .

Suspected meth lab found under parking lot of NY Wal-Mart

10 Aug, 2016

The channel was reportedly checked during a preventative patrol run, which led to the discovery. While shoppers exited Walmart, they saw police bringing evidence up to the surface through a manhole. Along with members of the NY state police, crime scene emergency response team members passed up buckets of evidence. Authorities say they plan to look at the Wal-Mart store's surveillance video to see if it shows people using the culvert.

Time Warner Buys 10% of Hulu, Will Be Part of Skinny Bundle

06 Aug, 2016

Time Warner reported a slightly higher-than-expected uptick in revenue last quarter, as subscription revenue rose at its Turner Broadcasting unit and HBO. Revenue declined to $6.95 billion from $7.35 billion. Mike Hopkins , CEO of Hulu , said, "This investment from Time Warner marks a major step for Hulu as we continue to redefine television for both consumers and advertisers".

N. Korea's latest missile launch its longest yet, Japan says

05 Aug, 2016

Japan recently released its annual defense report , which, according to South Korea media, refers to North Korea's nuclear threat as " grave and urgent". "Our objective in this meeting is to draw attention to that fact, but also to come together to very, very clearly condemn it", Wilson said as he headed into an emergency council meeting called by the United States, Japan and South Korea.

1 dead after historic Md. town ravaged by floodwaters

01 Aug, 2016

Kittleman says everyone else who was thought to be missing has been accounted for. "Howard County first responders are now evacuating people from flooded areas of Main Street in historic Ellicott City and moving them to the Howard County Recreation and Parks' Roger Carter Center".

Fiat Chrysler takes profit hit but raises 2016 forecast

28 Jul, 2016

Adjusted EBIT was raised to more than 5.5 billion euros from 5 billion euros and adjusted net profit was raised from 1.9 billion euros to 2 billion euros. That means the string of monthly year-over-year increases actually ended in September of 2013 at 40 months. On Tuesday, FCA restated its monthly sales for every month going back to January 2011 and said it has changed the way it reports monthly sales.

Fiat Chrysler revises sales, shows streak ended in 2013

27 Jul, 2016

Fiat Chrysler Automobiles on Tuesday said it has revised the way it counts monthly sales figures of new cars and trucks and now says its impressive sales streak of 75 months of consecutive sales gains actually ended in September, 2013. When news of the investigation broke, FCA said in a statement that it is "cooperating with an SEC investigation into the reporting of vehicle unit sales to end customers in the U.S".

Verizon could boost Yahoo ad targeting, but challenges ahead

26 Jul, 2016

U.S. benchmark WTI crude hit a three-month low of US$43.13 a barrel after losing 2.4 per cent in NY trade, hitting the shares of oil majors and service companies. However, Mayer told employees Monday in an email that she intends to stay "to see Yahoo into its next chapter" without specifying for how long.

Reserve Bank consults on new nationwide investor LVR restrictions

22 Jul, 2016

Former Reserve Bank chairman Arthur Grimes drew a backlash from many quarters when he said the Government should flood the Auckland market by 150,000 new houses to deliberately "crash" the Auckland housing market by 40 per cent over six years.

Covered California to release 2017 insurance rates

22 Jul, 2016

Lee said almost 93 percent of consumers will have a choice of three or more insurance carriers, and everyone will have at least two choices. However, most consumers will see a much smaller increase - or pay less next year - if they switch to another plan.

UK: Labour's Corbyn faces second leadership challenger

21 Jul, 2016

Corbyn was elected leader in September 2015 after an election prompted by the resignation of Ed Miliband when Labour lost the May 2015 general election. I respect that mandate. Mr Smith said he supported the decision to allow Mr Corbyn on to the ballot, before rejecting claims that he would split the anti-Corbyn vote in the contest.

Clinton closes in on VP choice: Kaine and Vilsack leading the way

21 Jul, 2016

Sen. Elizabeth Warren of MA is being considered as Clinton's running mate. "I worry he's well to the right of the mainstream Democratic Party", he said". Clinton is holding multiple meetings at her Washington home related to the decision on a running mate, said one of the people. These and other Democrats cautioned that Clinton has not made a final choice and is keeping mum about her deliberations.

Unilever buys men's grooming brand Dollar Shave Club

21 Jul, 2016

However, Fortune cited sources saying it is paying $ 1 billion (£758.7 million) in cash for the company, which sells razors and blades directly to consumers via online subscriptions. "I think it's not going to change much", said Bulla, noting that the brand experience of Dollar Shave Club might be more important than its advertising strategy.

China GDP steady in second quarter, up 6.7%

16 Jul, 2016

The data had a muted impact on the Chinese markets, with the benchmark Shanghai Composite edging down marginally, as the yuan strengthened the most in a week. Retail sales rose 10.6 per cent, compared to the median estimate of 9.9 per cent. Fixed-asset investment slowed to 9 per cent in the January-June period versus economists' expectation for 9.4 per cent.

Germany's Bayer increases offer for seed company Monsanto

15 Jul, 2016

The proposed price was increased to $US125 a share in cash, and Leverkusen, Germany-based Bayer also offered an "antitrust break fee" of $US1.5 billion. Discussions are at an early stage, and no final decisions have been made as talks with Bayer are continuing, they said. In other words, Bayer just spent weeks in private talks with Monsanto only to see that company try to make an acquisition of its own.

Delta plane landed at wrong airport, NTSB says

10 Jul, 2016

A spokeswoman for Rapid City Regional Airport, meanwhile, deflected all questions to Delta and said , "It's not an airport issue". Delta said it has offered the passengers on the flight "a gesture of apology for the inconvenience". When the crew realized what happened, they contacted the airline and other officials for permission to fly to the main airport. In fact, a similar incident involving the same airports also occurred in 2004 when a Northwest Airlines A319 also mistakenly landed ...

Super-typhoon Nepartak takes aim at Taiwan

07 Jul, 2016

The super typhoon developed on Sunday in the Pacific and has been steadily moving to the northwest. A category 5 storm can have winds which can clock up past 157 miles per hour. The good news is that Nepartak marks the first major storm since Dec 17, 2015. The previous record was 198 days set back in 1973. Nepartak is now a category 4 hurricane on the Saffir-Simpson Scale, making it a major hurricane/typhoon.

New Asian infrastructure bank approves first funding projects

26 Jun, 2016

It announced on Friday that it had approved its first four loans totalling over half a billion U.S. dollars. He had announced earlier this year that the bank has a good pipeline of co-financing projects and stand-alone projects. The bank's board approved its first four deals worth $509 million on Friday, with three projects co-financed with the World Bank, the Asian Development Bank, the United Kingdom Department for International Development and the European Bank for Reconstruction and ...

Democrats End Sit-In On House Floor After More Than 24 Hours

24 Jun, 2016

Is this a sit-in or a pizza party? Rebellious Democrats staged an extraordina. (Rep. Scott Peters via AP). Lewis then gave final remarks outside the Capitol. Ryan has called the Democrats' sit-in a stunt and a gimmick. He added, "We have other bridges to cross", and said Democrats "made a down payment on ending gun violence" in America.

A solar-powered plane has crossed the Atlantic for the first time

24 Jun, 2016

In this photo provided by Solar Impulse 2, the solar powered plane, piloted by Swiss pioneer Bertrand Piccard, prepares to land in Seville in Spain Thursday, June 23, 2016. The Solar Impulse 2's journey will end in Abu Dhabi, UAE, where it initially launched back in March 2015. Unlike a 747, which can hold up to about 500 passengers, Solar Impulse 2 only has room for the two pilots.

Softbank sells stake in game developer Supercell to Tencent

22 Jun, 2016

New research shows that the upper middle class expanded from 12.9 perent of the population in 1979 to 29.4 percent in 2014. At 13:25 Naspers' shares were down 1.63% at R2 173.90. The sale is thought to be the largest ever in gaming mergers and acquisitions, with TenCent acquiring around 84.3 per cent of Supercell via a wholly-owned consortium, including all of SoftBank's 72.2 per cent stake.

Walmart Cuts Back-Office Work Across US, Thousands Lose Their Jobs

18 Jun, 2016

The company will use cash recycler machines to automatically count money at the stores. Wal-Mart says any retained worker taking a step-down in pay in their new job will make $17.55 an hour. The closures were expected to affect around 16,000 employees across the globe. Walmart plans to cut jobs at about 500 of its stores in an effort to centralize and update its invoicing policies, the Wall Street Journal reported Wednesday.

Average US 30-year mortgage falls to 3.54 percent

17 Jun, 2016

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or less) decreased to its lowest level since January 2015, 3.79%, from 3.83%. The MBA also reported that average contract interest rates for 30-year fixed-rate mortgages, whether standard or jumbo, as well as average contract rates for FHA-backed fixed 30-year loans and for fixed 15-year loans all dropped to their lowest levels in months.

GM Disputes Need to Recall Its Takata Airbag Inflators

08 Jun, 2016

Virgin Islands, or "Zone A". The new recalls came a day after Ford Motor Co announced a recall of almost 1.9 million vehicles for Takata inflators. Some Fiat Chrysler, Mitsubishi, Toyota and Volkswagen vehicles from the 2016 and 2017 model years are equipped with a type of inflator that is prone to rupture and presents a potential danger to drivers and passengers, Democrats on the Senate Commerce Committee said in the report issued Wednesday.

Ringgit opens higher against USA dollar

08 Jun, 2016

Sovereign debt gained across most of Asia, extending a global rally that's driven yields to a record low. The US Labor Department said Friday that May saw the world's top economy create the fewest number of jobs in six years, slashing expectations borrowing costs will rise any time soon.

Monsoon wait to end, excess shower in store

04 Jun, 2016

The updated operational long range forecast for the southwest monsoon season (June-September) rainfall over the country forecast by India Meteorological Department (IMD) shows a better than normal rainfall across the country. In September, there are 40 percent chances of India receiving "normal" rainfall and 50 per cent chances of "above normal" rainfall, IMD had forecasted.

Royals come from behind to sweep White Sox

31 May, 2016

Chicago wasted a 4-2 lead in the eighth after failing to protect a 5-2 seventh-inning advantage on Friday and a 7-1 ninth-inning margin on Saturday. Robertson struck out Paulo Orlando to start the inning, then allowed a single to Cheslor Cuthbert , a double to Eibner and two straight walks to let in his first run.

Striking Verizon workers to return Wednesday; deal inked

31 May, 2016

Perez said the parties are working to get the deal in writing, and will then submit it to union members for ratification. Almost 40,000 striking Verizon employees, including about 500 employees in the Lehigh Valley and Berks County, will return to work Wednesday after reaching a tentative contract agreement that includes 1,300 new call center jobs, almost 11 percent in raises over four years and the first contract for Verizon wireless store workers, a union said Monday.

Tentative Deal Reached in Verizon Strike

28 May, 2016

The employees, stationed from New England to Virginia, primarily serve Verizon's landline business. New York-based Verizon Communications Inc. has about 177,000 employees. Verizon earlier this week acknowledged it was beginning to see some financial impact from the strike that could affect the telecom operator's second quarter results.

Mphasis Q4 net profit declines 13% to Rs 155 crore

27 May, 2016

The IDBI Bank stock was trading flat in early trade on Monday two days after the government lender reported a net loss of Rs 1,736 crore in Q4. Net sales during the quarter under review stood at Rs 140.2 crore, up 22.9% compared with Rs 114.2 crore in the year-ago period, TV Today said in a BSE filing.

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