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HDFC Bank Q4 profit up 18 percent but provisions almost double

HDFC Bank Q4 profit up 18 percent but provisions almost double The bad assets proportion of Indian Bank remains one of the lowest amongst PSBs and comparable to that of SBI. Gross non-performing assets (NPAs) as a percentage of total loans, stood at 1.05 percent as on March 31, 2017, compared with 1.04 percent in the sequential December-ended quarter and 0.94 percent a year earlier. [Full Article...]

Freeport-McMoRan Misses On Earnings, But Sees 'Significant Cash Flows'

Freeport-McMoRan Misses On Earnings, But Sees 'Significant Cash Flows' Jefferies Group LLC set a $16.00 price target on Freeport-McMoRan and gave the stock a buy rating in a research note on Tuesday, January 3rd. Freeport-McMoRan Inc (FCX.N), the world's biggest publicly listed copper miner, reported first-quarter results on Tuesday that reflected a months-long Indonesian export ban at its massive Grasberg mine, which clipped sales. [Full Article...]

AIB fined €2.3m for breaching money-laundering rules

AIB fined €2.3m for breaching money-laundering rules It has 2.6 million customers, and nearly 300 branches, business centres and offices between it and EBS. The central bank fined AIB about 2.3 million euros and reprimanded it for six breaches of the law, which the lender has admitted to, the regulator said in an emailed statement Tuesday. [Full Article...]

Wells Fargo executives apologize to shareholders

The CEO and Board's inability to head off the fraudulent accounts scandal shows that the bank is not only too big to fail, but also too big to manage. During the same period previous year, the company posted $0.99 earnings per share. Management also faced questions and demands from activist investors on topics ranging from Wells Fargo's funding of a controversial oil pipeline to whether it s... [Full Article...]

Verizon Beefs Up Speedway Tech

Verizon Beefs Up Speedway Tech Built by hand and each installed with 36 to 60 antennas, the large spheres that can weigh more than 600 pounds have been installed at four locations inside the Speedway grounds. He says, while the installations for the inauguration and Super Bowl were temporary, the technology will remain at IMS year-round. Past year at the historic 100th running of the race, IndyCar fans shattered records using... [Full Article...]

United Airlines Linking Pay of Executives to Satisfaction of Customers

The company said in a regulatory filing that about $6.8 million United States of the total was related to a signing bonus that Munoz was promised in 2016. Four leaders of the Senate Commerce said Friday they were disappointed and found it unacceptable that the airline and city failed to answer questions about the April 9 incident by the senators' deadline of Thursday. [Full Article...]

Sasse to New Agriculture Secretary: "Be a Champion for Free Trade"

Davis Perdue, R-GA, just voted "present", but was given the honor of announcing the vote, confirming his cousin Sonny's successful nomination. Midwest farm state senators had expressed concern about a Southerner understanding agriculture in the Northern Plains as Trump has proposed cutting. [Full Article...]

Analyst Price Targets On NMC Health (LON:NMC)

Analyst Price Targets On NMC Health (LON:NMC) The Company's divisions include Housing United Kingdom and Housing Spain. Investec reiterated a "buy" rating and set a GBX 640 ($8.06) price objective on shares of A.G. The Firm offers a range of consumer products and technical components for the packaging and non-packaging markets. It has a 20.28 P/E ratio. Analysts await Ardmore Shipping Corp (NYSE:ASC) to report earnings on May, 3. [Full Article...]

Pennon Group plc (PNN) Insider Buys £151.30 in Stock

Visa Inc. had 43 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, March 9 by Peel Hunt. On Monday, November 16 the stock rating was maintained by UBS with "Sell". Morgan Stanley has "Underweight" rating and GBX 270 target. 13/09/2016 - Softcat had its "Buy" rating reiterated by analysts at Citigroup. Goldman Sachs maintained Kingfisher plc (... [Full Article...]

Increase import duty on tur dal to save struggling farmers: Paswan

Increase import duty on tur dal to save struggling farmers: Paswan Of the 11 lakh quintal tur procured in the country, Maharashtra has procured 4 lakh quintal, which is higher than any other state's tur procurement this year. Paswan expressed the Centre's inability to extend the deadline. Farmer leader Raju Shetty has alleged, "We have received evidences from farmers that government agencies Nafed, FCI were selling tur at rate Rs 3700/quintal to Rs 4200/q... [Full Article...]

Nasdaq ends above 6000 for first time as United States stocks rally again

The tech heavy index first passed 5,500 points on December 27 a year ago and started the thousand-point run from 5,000 on July 11, 2016. Hasbro (HAS.O) hit a record high after reporting better-than-expected revenue and profit. Biogen reported solid earnings for 2017's first quarter, with the help of a new drug that combats a rare infant disease. The Nasdaq composite just passed 6000 for t... [Full Article...]

Stock Jumping Abnormally High: AK Steel Holding Corporation (AKS)

Stock Jumping Abnormally High: AK Steel Holding Corporation (AKS) Receive United States Steel Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Steel Corporation with MarketBeat.com's FREE daily email newsletter. [Full Article...]

FCC Chairman Expected to Outline Net Neutrality Plans on Wednesday

FCC Chairman Expected to Outline Net Neutrality Plans on Wednesday Other sessions TUESDAY morning looked at AM revitalization issues under the new rules, plans for the next Integrated Public Alert and Warning System (IPAWS) EAS test, and a reprise of regulatory talk with O'RIELLY and former Commissioners HAROLD FURCHTGOTT-ROTH and ROBERT MCDOWELL. [Full Article...]

Trump to propose massive tax cuts for businesses

Trump to propose massive tax cuts for businesses Another concern about such a major cut on pass-through taxes is that it will encourage individuals to report their wages as business income as a way to avoid paying up to 33 percent in individual taxes (33 percent is the top individual tax rate proposed by House Republicans ). [Full Article...]

Healthy profits for McDonald's, others vault stocks higher

The Dow Jones industrial average gained even more due to the big jumps for Caterpillar and McDonald's, which are among the 30 stocks in the average. As corporate earnings season rolled on, investors also eyed a deluge of economic data Tuesday including S&P/Case-Shiller's monthly home price index, which showed low housing inventory helped support a faster-than-expected rise in prices in February. [Full Article...]

House Education Committee OKs Full-Day Kindergarten Funding

House Education Committee OKs Full-Day Kindergarten Funding The measure instead would phase in those reductions over two years, meeting those lower classroom sizes by fall 2018. State lawmakers lowered maximum class sizes in kindergarten through third grade from 24 students to between 19 and 21 students as part of last year's budget. [Full Article...]

Yahoo's chief Mayer to receive $186m golden parachute from Verizon sale

Yahoo's chief Mayer to receive $186m golden parachute from Verizon sale Now, it's unclear whether Mayer plans to share any of the much-bigger golden parachute it turns out she's getting, details of which were included in a regulatory filing Monday. The payout puts Mayer among the top CEOs in the U.S.as far as golden parachutes go. In a March Tumblr post, Mayer said she had "expressed my desire that my bonus be redistributed to our company's hardworking employees, ... [Full Article...]

Democrats defy Trump and refuse to support the Wall

Democrats defy Trump and refuse to support the Wall Trump is insisting that the budget agreement being negotiated by lawmakers to avoid a partial shutdown of the USA government include funding for the wall, but that demand is complicating the negotiations, Efe news reported . He also hopes to use a $1 trillion catchall spending bill to salvage victories on his promised border wall, a multibillion-dollar down payment on a Pentagon buildup, and pe... [Full Article...]

StatPro Group PLC 82.9% Potential Upside Indicated by N+1 Singer

In the a year ago Intertek Group PLC's stock price has increased by 0% from 0.00 to 3999. The Trade division consists of three business lines: Cargo & Analytical Assessment business, which provides cargo inspection, analytical assessment, calibration and related research and technical services; Government & Trade Services business, which provides inspection services to governments and regulatory b... [Full Article...]

DeRozan, Raptors rebound from tough outing, jolt Bucks

Looking at the betting trends, the Bucks are 6-1 ATS in their last seven games following a lost of more than 10 points, 7-3 ATS in their last 10 road games and 5-2 ATS in their last seven Conference Quarterfinals games. The Toronto Raptors and the Milwaukee Bucks might be the least predictable series still going in these 2017 playoffs. "They turned up their aggression defensively and we had so... [Full Article...]


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