Business

Business Crane collapses in Miami due to hurricane winds
Author: 0 Crane collapses in Miami due to hurricane winds

At one time, Irma was sustaining wind speeds of up to 185 miles per hour, but those gusts slowed as the massive storm bowled over smaller islands in the Caribbeans. The tower cranes with a boom on top are created to spin like weather vanes, so they should be stable if Irma strikes, Whiteman said. Getting back would be as hard as getting out, she said, since USA 1 is the island chain's only link to the mainland.

Business New York Regulator kicks Pakistan's Habib Bank out of United States
Author: 0 New York Regulator kicks Pakistan's Habib Bank out of United States

The enforcement action followed a 2016 review in which the regulator said it found "weaknesses in the bank's risk management and compliance" that management had failed to tackle. In 2006, the USA authorities had ordered the bank to tighten its oversight of potentially illegal transactions but it failed to comply. According to the report, Habib Bank had allowed 13,000 transactions that were not sufficiently screened to ensure they did not involve sanctioned countries, the agency said.

Business Amazon sets up sales showdown with Flipkart
Author: 0 Amazon sets up sales showdown with Flipkart

This will be the fourth edition of the Big Billion Day, and will be held from September 20 to 24, just ahead of Dussehra. Like Flipkart , Amazon plans to attract new customers with steep discounts and other offers such as no-cost EMIs (equated monthly instalments), exclusive products from big brands and buyback offers.

Business Know what Raghuram Rajan did to exchange his 'old' notes after demonetisation
Author: 0 Know what Raghuram Rajan did to exchange his 'old' notes after demonetisation

In 2015, a lecture Rajan had delivered as RBI Governor created controversy because of his reference to the growing intolerance in the country. He said that the Central government had once asked him about the cost and benefit of such move. Amid nationwide outrage over the murder of an outspoken journalist, former RBI Governor Raghuram Rajan today said India can not afford to become an intolerant society as tolerance is "extremely important" for its economic growth.

Business 104 hedge funds buy The Coca-Cola Company (KO) for the first time
Author: 0 104 hedge funds buy The Coca-Cola Company (KO) for the first time

Oxbow Advisors LLC increased its stake in shares of Coca-Cola Company (The) by 2.1% in the second quarter. The Coca-Cola Company (KO ) has an annual dividend of $1.48, while its annual dividend yield is 3.23%. The company reported $0.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.02. The company has market cap of $89.25 million.

Business Mnuchin: Congress Needs To Tie Harvey Aid To Debt Limit Bill
Author: 0 Mnuchin: Congress Needs To Tie Harvey Aid To Debt Limit Bill

President Trump visited storm-ravaged areas in Texas over the weekend, expressing hope for speedy congressional action on Harvey aid. Some estimates say Harvey could cost US taxpayers nearly as much as the total federal aid outlay of more than $110 billion for 2005's record-setting Hurricane Katrina.

Author: 0 Turquoise Hill Resources Ltd. O (NYSE:TRQ) Sees Significantly Higher Trading Volume

BidaskClub raised shares of Turquoise Hill Resources from a "strong sell" rating to a "sell" rating in a research note on Saturday, June 10th. The original version of this piece can be accessed at https://weekherald.com/2017/09/04/sumitomo-mitsui-trust-holdings-inc-reduces-stake-in-turquoise-hill-resources-ltd-trq.html.

Author: 0 Vulcan Materials Company (VMC) Stock Price Increases Today

It has underperformed by 1.81% the S&P500. Bluestein R H & Company sold 310,779 shares as Vulcan Materials Co (VMC)'s stock rose 5.55%. Vulcan Matls Co now has $15.41B valuation. With an institutional ownership near 14.7%, it carries an earnings per share ratio of -1.51. Washington Tru Bancshares holds 0% in Vulcan Materials Company (NYSE:VMC) or 13 shares.

Author: 0 Marvell Technology Group's (MRVL) "Market Perform" Rating Reiterated at BMO Capital Markets

Interfor had 18 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, January 5 the stock rating was downgraded by TD Securities to "Hold". It turned negative, as 17 investors sold Credit Acceptance Corp. shares while 48 reduced holdings. Analysts await Cooper Companies Inc (NYSE:COO) to report earnings on September, 7.

Business Crude falls as flooding from Harvey hits US oil industry
Author: 0 Crude falls as flooding from Harvey hits US oil industry

Being a major global hub for refinery and production activity the shutdown of the Texas energy industry caused a ripple across the global energy market. More than a quarter of Gulf production went offline due to the storm, according to government data. That could force production cutbacks if there is no place to store the crude.

Author: 0 Brokerages Set Intertek Group plc (ITRK) Target Price at $4098.60

It is negative, as 13 investors sold TP ICAP PLC shares while 22 reduced holdings. The Grandeur Peak Global Advisors Llc holds 435,650 shares with $14.81 million value, up from 348,525 last quarter. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0.13% in Coach Inc (NYSE:COH). The Colorado-based Asset Inc has invested 0.01% in Coach Inc (NYSE:COH).

Business Arun Jaitley on RBI report: Demonetisation had extremely positive impact
Author: 0 Arun Jaitley on RBI report: Demonetisation had extremely positive impact

Like "Swachh Bharat, the decision is a movement towards clean India; of corruption and black money". November 24, 2016: Positive impact on the economy says Jaitley " Because a lot of money that operates in the shadow economy will now become part of the banking structure, (we) will have a lot more money to support the economy", said Jaitley during a press conference.

Business RBI mum on fate of fake notes
Author: 0 RBI mum on fate of fake notes

That's reflected in drug players in India : The iShares MSCI India exchange-traded fund ( INDA ) fund is up more than 26% this year, while shares of Indian generic drugmaker Dr. In a Facebook post, Banerjee wrote , "Hundreds of people lost their lives". Where the money came from, where it was deposited, where and how it went, what happened after November 8.

Business Liverpool agree £40million deal with Arsenal for Oxlade-Chamberlain
Author: 0 Liverpool agree £40million deal with Arsenal for Oxlade-Chamberlain

He will undergo a medical at St George's Park tonight. Oxlade Chamberlain played 198 times for Arsenal since joining them from Southampton in 2011. Both are out of contract next summer. Oxlade-Chamberlain has played every game of Arsenal's season so far, including Sunday's 4-0 defeat to Liverpool at Anfield .

Business Dollar General beats Street, but profit slides; ups forecast
Author: 0 Dollar General beats Street, but profit slides; ups forecast

ARGA Investment Management LP's holdings in Dollar General Corporation were valued $1,225,000 as of its latest document with the Security and Exchange Commission. Dollar General operated 14,000 stores in 44 states as of August 19. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.

Author: 0 Cisco Systems, Inc. (CSCO) Shares Bought by Insight 2811 Inc

The shares were sold at an average price of $31.29, for a total value of $244,124.58. About 1.34M shares traded. Cisco Systems (NASDAQ: CSCO ) last announced its earnings results on Wednesday, August 16th. Midas Management Corp increased Intel Corp (NASDAQ:INTC) stake by 33,000 shares to 65,000 valued at $2.36M in 2016Q4. Investors sentiment increased to 1.18 in 2016 Q4.

Business Google Assistant Will Soon Help You do Your Laundry
Author: 0 Google Assistant Will Soon Help You do Your Laundry

The dark model has a grey base and a black top while the light model has a silver base and a white top. But if for some reason your music streaming app is not supported by the Google Assistant , you can still stream via Bluetooth, and it does support the latest version of Bluetooth, version 5.

Business Immelt out of running as Uber CEO; Whitman could land job
Author: 0 Immelt out of running as Uber CEO; Whitman could land job

But she also wanted a number of things - including less involvement by ousted Uber CEO Travis Kalanick and more board control - that became too problematic for the directors, said sources . "You go from a company that's a colossus to a company that's a colossally crazed company and maybe Jeff wants that challenge". Uber's crises have failed to knock the company's business off course, with revenues surging in the second quarter.