Business

Business UIDAI suspends Airtel's Aadhaar-linked e-KYC services, temporarily
Author: 0 UIDAI suspends Airtel's Aadhaar-linked e-KYC services, temporarily

UIDAI's interim order comes after some customers alleged that the telecom company had opened their bank account in Airtel Payments Bank without their consent. Also, Bharti Airtel has been temporarily suspended from using Aadhaar to authentic connections and open new payment bank accounts by UIDAI. It can be noted that since early June, there have been reports that Airtel has been credited over Rs47 crore worth of LPG subsidies into Airtel Payments Bank accounts from over 23 lakh ...

Business Campbell Soup to buy snacks maker Snyder's-Lance for $4.87 bln
Author: 0 Campbell Soup to buy snacks maker Snyder's-Lance for $4.87 bln

UBS lowered their price target on shares of Snyder's-Lance from $39.00 to $38.00 and set a neutral rating for the company in a report on Wednesday, November 8th. The return on equity ratio or ROE stands at -2.7 percent while most common profitability ratio return on investment (ROI) was 2.4 percent. Snyder's-Lance's quarterly revenue was up 3.7% on a year-over-year basis.

Business Bitcoin futures trading underway
Author: 0 Bitcoin futures trading underway

Cboe Global Markets Inc launched a bitcoin futures contract on December 10. The reference price, from which price limits are set, is US$19,600 for the February contract, US$19,700 for March and US$19,900 for June, according to CME. A TD Ameritrade sign is seen outside a branch in the financial district in NY, U.S. on February 29, 2016. Electronic brokerage firm Interactive Brokers Group Inc IBKR.O earlier this week said it is offering bitcoin futures under the ticker symbol "GXBT" on the ...

Author: 0 The Costco Wholesale Corporation (COST) Shares Bought by Daiwa Securities Group Inc

Cetera Investment Advisers now owns 1,390 shares of the retailer's stock worth $223,000 after acquiring an additional 7 shares in the last quarter. About 8.45M shares traded or 167.62% up from the average. In the last three months, insiders sold 32,842 shares of company stock valued at $5,520,848. ( COST ) opened at $192.73 on Monday. Costco shares have rebounded from that summer dip and are up 20 percent year to date through Friday, matching the S&P 500's gain.

Business Hershey to buy Amplify Snack Brands in $1.6bn deal
Author: 0 Hershey to buy Amplify Snack Brands in $1.6bn deal

Hershey is near a $1.6bn (£1.1bn) deal to buy Amplify Snack Brands , according to CNBC , which cited unidentified sources familiar with the matter. It's a move that's being echoed by both Mars Inc. and the Kellogg Co., both of which purchased the makers of popular snack bars this fall. LLC were financial advisers to Hershey, while Jefferies LLC advised Amplify.

Author: 0 Kimberly Clark Corp (KMB) Announces $0.97 Quarterly Dividend

Caterpillar Inc. (NYSE:CAT) has risen 47.53% since December 17, 2016 and is uptrending. It has underperformed by 28.96% the S&P500. Nuance Investments Llc decreased its stake in Kimberly Clark Corp ( KMB ) by 46.09% based on its latest 2017Q2 regulatory filing with the SEC.

Business Warning over 'lost generation' who haven't saved enough to retire
Author: 0 Warning over 'lost generation' who haven't saved enough to retire

At present, employers must contribute 1.0% of an employee's qualifying earnings while employees pay in 0.8% of earnings, although they enjoy the benefit of tax relief on contributions. How much should I put in my pension? A former pensions minister welcomed the planned reforms but said the proposed pace of change should be faster.

Business What happened when Ranveer Singh met Deepika Padukone's father
Author: 0 What happened when Ranveer Singh met Deepika Padukone's father

While we already know that the two of them are extremely comfortable with each other, now we also know that he is equally comfortable with the actress' family. As a father, I have given Deepika the freedom to take her own decisions. She gave an emotional speech at the event. Deepika even congratulated her dad saying, "This is by far the BEST thing that could've happened to Indian Sport!" Ranveer and Deepika are rumoured to be dating from quite some time but both of them have never publicly ...

Business Ikea's taxes to be investigated by European Commission
Author: 0 Ikea's taxes to be investigated by European Commission

Margrethe Vestager, the EU's competition boss, is poised to open a formal probe into the tax affairs of IKEA, the world's largest furniture retailer, according to people familiar with the investigation. IKEA did so, the report claimed, through an aggressive franchising structure, the payment of business charges to Lichtenstein and a sweetheart tax ruling in the Netherlands.

Business Amazon Prime UK could face probe over tardy deliveries
Author: 0 Amazon Prime UK could face probe over tardy deliveries

It also offers this coming Saturday, 23 December, as its final order date for Christmas orders, three days later than the Wednesday offered for non-Prime customers. "If it was essential that your goods were delivered on time, you have the right to terminate the purchase and get a full refund". Information elsewhere on the site says: "Your order will be dispatched with the intention that it's delivered one day after dispatch".

Business Toyota to Offer Electrified Option For All Models by 2025
Author: 0 Toyota to Offer Electrified Option For All Models by 2025

View of a Toyota logo on a wheel at the Mondial de l'Automobile, Paris auto show, during media day in Paris, France, September 30, 2016. Of those 5.5 million global sales, the company wants 1 million to be zero-emissions vehicles. Last week, Toyota and Panasonic had also announced plans to start a feasibility study on a joint automotive prismatic battery business. Toyota has already announced plans for cooperation with compatriot Suzuki Motor Corporation to introduce electric ...

Business Oracle provides to cloud building technique with $1.2B bid for Aconex
Author: 0 Oracle provides to cloud building technique with $1.2B bid for Aconex

The share price rose 45 per cent immediately after trading resumed on Monday to just below the A$7.80 cash-per-share offer. It has more than 70,000 customers and its cloud-based software has been used on 16,000 projects across construction, infrastructure and energy in 70 countries, according to its website.

Business Counting of votes in Gujarat, Himachal Pradesh tomorrow: 10 points
Author: 0 Counting of votes in Gujarat, Himachal Pradesh tomorrow: 10 points

Rejecting the exit polls that predicted BJP's victory in the hill state, the chief minister said, "Exit polls are fraud, oand not based on facts". The probable winners in four seats appeared to be smaller parties or independents. The current estimates in exit polls for the 2017 Himachal Pradesh Assembly elections suggest the BJP would easily bag 47 out of the 68 seats and the Congress would have to settle for 20.

Author: 0 Cascend Securities Downgrades Ford Motor (F) to Buy

The stock increased 1.32% or $0.5 during the last trading session, reaching $38.24. CRBP's SI was 6.31M shares in December as released by FINRA. (NASDAQ:CRBP) has risen 152.94% since December 17, 2016 and is uptrending. They expect $0.44 earnings per share, up 46.67% or $0.14 from last year's $0.3 per share. GM's profit will be $1.86 billion for 7.81 P/E if the $1.31 EPS becomes a reality.

Author: 0 Ameriprise Financial Inc. Trims Holdings in Marvell Technology Group Ltd. (MRVL)

Contour Asset Management Llc who had been investing in Marvell Technology Group Ltd for a number of months, seems to be bullish on the $10.62B market cap company. The firm earned "Buy" rating on Friday, August 25 by Northland Capital. The stock of Marvell Technology Group Ltd. (NASDAQ: MRVL ) has "Hold" rating given on Tuesday, October 27 by Brean Capital.

Author: 0 Time to Buy Starbucks Corporation (SBUX) After Today's Significant Decline?

During the same period last year, the firm posted $0.56 earnings per share. equities analysts predict that Starbucks Co. will post 2.31 EPS for the current fiscal year. New England Research & Management has 6,200 shares for 0.27% of their portfolio. American Money Mgmt Lc has 3,726 shares. Advantus invested in 146,122 shares.

Author: 0 The Barrick Gold Corporation (ABX) Downgraded by BidaskClub to Sell

The company's market cap is $743.94 Million, and the average volume is $180.78 Million. Barrick Gold Corporation (NYSE:ABX) has declined 8.26% since December 17, 2016 and is downtrending. Its down 0.06, from 0.78 in 2017Q1. 71 funds opened positions while 184 raised stakes. Thompson Siegel Walmsley Lc has 1,115 shares. Jpmorgan Chase & reported 0.02% of its portfolio in Murphy USA Inc.

Author: 0 Biomed Realty Trust (BMR) Getting Somewhat Positive News Coverage, Accern Reports

TH Capital maintained The Hackett Group, Inc. Channing Capital Management Llc increased Ashland Global Holdings Inc stake by 80,911 shares to 225,920 valued at $14.89 million in 2017Q2. The Archford Capital Strategies Llc holds 112,363 shares with $553,000 value, up from 5,862 last quarter. A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock.