Business

Author: 0 Opel, Vauxhall seek to avoid forced layoffs in turnaround

Two PSA vehicle platforms, destined as the basis for several models, will be quickly introduced at Opel-Vauxhall manufacturing sites, speeding the shift to PSA engines and transmissions. The plan also had some good news for the employees of the storied German carmaker who had been bracing for job cuts. The PACE! plan has been created to maintain all of the firm's factories and avoid forced redundancies in Europe.

Author: 0 United Kingdom growth to slow in 2018, 2019 as Brexit hits investment

The highest growth within the eurozone is expected in Malta (5.6%), Ireland (4.8%) and Slovenia (4.7%), while the lowest is projected for Greece and France (1.6%) and Italy (1.5%), similar to the United Kingdom growth rate. The EU predicted these reforms would benefit the economy , with French growth to hit 1.6 percent this year, up from the earlier 1.4 percent. "This is for forecasting purposes only and has no bearing on the talks underway in the context of the Article 50 process", it said.

Business Sainsbury's profits fall and sales growth slows in 'competitive' market
Author: 0 Sainsbury's profits fall and sales growth slows in 'competitive' market

Sainsbury's has suffered a 40.8 per cent fall in its half-year profits, with investment in price, rising labour costs and its takeover of Argos hitting its bottom line. Here's the supermarket group, which also owns IRUK Top500 Leading retailer Argos, said about its multichannel strategy. It has also opened almost 200 digital collection points in stores, including 100 Sainsbury's Local stores, while the Habitat click and collect service has launched in 2,300 locations.

Author: 0 UK House Price Balance Gains 1.0% In October - RICS

In London, 63% more respondents reported prices falling than rising - the worst reading since 2009 when Britain was in recession. Rics said first-time buyers are focused on newly built houses that are supported by the government's Help to Buy scheme.

Business Businessmen hopeful of tax cuts at GST Council meet today
Author: 0 Businessmen hopeful of tax cuts at GST Council meet today

Sushil Modi is not the only person to suggest the possible tax cut. The GST Council, which comprises of representatives of all states, have already rationalised tax rates for over 100 items. The Council has last month approved an approach paper to be followed by the fitment committee while deciding on future rate revisions. The meetings have resulted in an array of changes to ease compliance burden on businesses as well as provided relief to consumers.

Business Burberry CEO to take label up-market, focus on bags, fashion
Author: 0 Burberry CEO to take label up-market, focus on bags, fashion

The strategy update has blinded markets to the good news in today's interims: underlying profits are up 28% to £185m with earnings per share (EPS) up 32% to 21.4p, free cash more than doubling from £75m to £171m and an interim dividend hike of 5% to 11p per share.

Author: 0 Carnival Corporation (CCL) Shares Sold by Dupont Capital Management Corp

Checking in on some valuation rankings, Carnival plc (LSE: CCL ) has a Value Composite score of 33. The stock rose 1002889.19% or $87.23 reaching $87.24. Stockholders of record on Friday, November 25th will be issued a $0.35 dividend. Signature & Inv Advsr Limited Liability Corporation owns 235,679 shares.

Author: 0 Kimberly-Clark Corporation (NYSE:KMB) Dips Under Moving Averages

About 991,484 shares traded. Rand Wealth Ltd Liability Corporation invested 0.15% of its portfolio in Kimberly Clark Corp (NYSE: KMB ). It has underperformed by 16.38% the S&P500. The rating was maintained by Deutsche Bank with "Hold" on Monday, August 7. The rating was maintained by RBC Capital Markets on Friday, May 26 with "Hold".

Business Income Tax Officials Raid In Jaya TV Office In Chennai
Author: 0 Income Tax Officials Raid In Jaya TV Office In Chennai

The raids, according to sources, is part of "Clean Money" operation. The allegation also covers aspects like shell companies, dubious investments, fund flow and fudging of accounts, income tax sources told PTI . "My simple question is why target the family?" asked Prasanna, spokesperson of the Sasikala-Dhinakaran faction of AIADMK. IT sleuths have also raided the houses of Sasikala aide Ilavarasi's son Vivek Jayaraman's house at No.

Author: 0 Rockwell Automation, Inc. (ROK) Issues Earnings Results

About 519,088 shares traded or 329.96% up from the average. (NYSE:PM) has risen 16.65% since November 7, 2016 and is uptrending. It has underperformed by 18.84% the S&P500. (NYSE:MRK) for 285,901 shares. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Choate Advsr has invested 0% in Merck & Co., Inc. M Kraus & reported 8,180 shares.

Author: 0 Wall Street Analysts Forecast 9.3% on Eli Lilly and Company (NYSE:LLY)

The SI to Diamond Offshore Drilling IN's float is 52.36%. About 662,686 shares traded. Criteo SA (ADR) (NASDAQ:CRTO) has risen 11.11% since November 7, 2016 and is uptrending. Northeast Investment Mngmt holds 12,709 shares. Beach Mngmt Lc invested in 0.04% or 4,860 shares. Savant Limited has invested 0.14% in Eli Lilly and Co (NYSE:LLY).

Business The Stifel Nicolaus Downgrade Targa Resources Partners LP (NGLS) to Hold
Author: 0 The Stifel Nicolaus Downgrade Targa Resources Partners LP (NGLS) to Hold

Benefitfocus, Inc.is a well-known provider of cloud benefits management platform for consumers, employers, insurance carriers and brokers. The company has market cap of $9.76 billion. The company was upgraded on Monday, March 13 by Stifel Nicolaus. Breton Hill Cap reported 22,060 shares or 0.19% of all its holdings. BMO Capital Markets maintained the shares of TRGP in report on Thursday, October 12 with "Hold" rating .

Business Arvind demerger to give wing to apparel business
Author: 0 Arvind demerger to give wing to apparel business

The current demerger comes two years after Arvind Ltd hived off its real estate business into a listed entity, Arvind Smart Space . Shareholders of Arvind Ltd will get one equity share of Arvind Fashions for every five shares held by them, while they will get one share of Anup Engineering for every 27 shares held by them.

Author: 0 Financial Review of Oasis Petroleum Inc. (NYSE:OAS)

Oasis Petroleum has a fifty-two week low of $6.69 and a fifty-two week high of $17.08. Zacks' EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Oasis Petroleum. If you are reading this report on another domain, it was copied illegally and reposted in violation of worldwide trademark & copyright laws. The original version of this story can be accessed at ...

Business Shell Enchilada oil platform in Gulf of Mexico shut after fire- USCG
Author: 0 Shell Enchilada oil platform in Gulf of Mexico shut after fire- USCG

Earlier Wednesday, a spokesman for Shell said an "operational incident" occurred on the platform at 1:20 a.m., and said both the Enchilada and Salsa platforms were shut down. "We will conduct an investigation to determine the cause", Shell said in its statement. The evacuated the platform by lifeboat and a boat took them to another nearby platform.

Business Looking at the Big Picture for WPX Energy, Inc. (WPX)
Author: 0 Looking at the Big Picture for WPX Energy, Inc. (WPX)

Public Employees Retirement System of OH owned 0.10% of WPX Energy worth $3,666,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Current price places the company's stock 50.61% away from its 200-day simple moving average, 23.51%, away from the 50-day average and also 12.03% away from 20-day average.

Author: 0 Crown Castle International Corporation (NYSE:CCI) Holdings Decreased by Korea Investment CORP

Pg&E Corp now has $29.20B valuation. It has underperformed by 5.81% the S&P500. Gradient Investments Llc decreased Crown Castle Intl Corp New ( CCI ) stake by 99.67% reported in 2017Q2 SEC filing. shares while 11 reduced holdings. In the most recent quarterly financial report, for the quarter ending Sep. Another recent and important Crown Castle International Corp .