Business

Business IFS damns young adults' homeownership chances
Author: 0 IFS damns young adults' homeownership chances

The drop is most pronounced in London and the southeast, where the rate of home ownership among this age group has halved, forcing millions of adults to rent later into life. Those born in the 1970s were nearly as likely as their peers on higher wages to have bought their own home during young adulthood. Between 2014 and 2017 roughly 30% of 25- to 34-year-olds whose parents were in lower-skilled jobs such as delivery drivers or sales assistants owned their own home, versus 43% for the ...

Business Nirav Modi's PNB fraud case: Assets worth Rs. 5100 crore seized
Author: 0 Nirav Modi's PNB fraud case: Assets worth Rs. 5100 crore seized

Footage broadcast on Indian television news channels showed officers entering one of Modi's jewellery showrooms in India's financial capital. The fraud, which includes money-laundering among others, concerns the Firestar Diamonds group in which the CBI last week booked Modi , his wife Ami, brother Nishal Modi and their maternal uncle Mehul Choksi.

Business Sri Lanka's ex-leader seeks fresh elections after council vote boost
Author: 0 Sri Lanka's ex-leader seeks fresh elections after council vote boost

Mr Rajapaksa went on to state that the polls this weekend were a referendum on the current government's reform agenda and plans for a new constitution. "The government has lost its mandate", he told a news conference. President office also issued a statement this evening that no agreement has been reached with UNP on the future political activities of the government or on forming coalition at local government bodies, where there is no clear cut majority to any side.

Business Mattis: North Korea can not drive wedge between the United States and South Korea
Author: 0 Mattis: North Korea can not drive wedge between the United States and South Korea

This was the first time a member of the ruling family visited the South Korean Nation since the Korean War. Guterres also met with South Korean President Moon Jae-in on Friday and expressed hope the Winter Olympics will open a "window of opportunity" for stronger diplomatic efforts between the two Koreas, in order to denuclearise the peninsula, South Korean presidential office said in a statement.

Author: 0 Stocks Making Notable Moves: Valero Energy Corporation (NYSE:VLO)

Arrowstreet Capital Limited Partnership purchased a new position in shares of Valero Energy during the 2nd quarter valued at $1,342,000. It has underperformed by 1.41% the S&P500. Scott & Selber Incorporated holds 27,235 shares. Retirement System Of Alabama has invested 0.78% in General Electric Company (NYSE:GE). Trexquant Lp accumulated 0.2% or 10,255 shares.

Business US producer price index up 0.4% in Jan, as expected
Author: 0 US producer price index up 0.4% in Jan, as expected

U.S. wholesale inflation resumed its upward trajectory in January, driven higher by rising costs for hospital care, transportation and clothing, the Labor Department reported Thursday. Core goods rose 0.2 percent for the second consecutive month. Energy prices rose robustly by 3.4 percent, helping stimulate the overall PPI. Last week marked the 154th straight week that claims remained below the 300,000 threshold, which is associated with a strong labor market.

Business House Education Committee Passes Teacher Raises
Author: 0 House Education Committee Passes Teacher Raises

The committee advanced the amended bill 9-1. This version of the bill now moves forward for the full House to vote on. House Bill 2282 , which passed 93-5, is a set of regulations that requires ISPs to treat all websites equally, preventing them from creating fast lanes for those who can afford to pay for them.

Business Charlie Lee Calls Upcoming Hard Fork Of Litecoin As Scam
Author: 0 Charlie Lee Calls Upcoming Hard Fork Of Litecoin As Scam

One Litecoin coin can now be purchased for approximately $158.90 or 0.01839170 BTC on cryptocurrency exchanges including Braziliex, CoinEgg, NIX-E and LocalTrade. With no white paper outlining the fundamental objective and reasoning behind the fork, and with the developers continuing to remain anonymous, this has led many cryptocurrency experts to postulate upon the idea that Litecoin Cash could be a scam.

Business Under Armour takes on the world despite a dip in United States sales
Author: 0 Under Armour takes on the world despite a dip in United States sales

The returns on investment very popular metric among passive investors, it stands at 10.00%, when it lies in positive figure than security is feasible for investment or goes for higher ROI stocks. Finally, California Public Employees Retirement System raised its holdings in shares of Under Armour by 0.8% in the 3rd quarter. The stock's price action in recent weeks and particularly following Tuesday's earnings report now look like a bullish trade is setting up.

Business Cisco Systems, Inc. (CSCO) - Active Stock Review
Author: 0 Cisco Systems, Inc. (CSCO) - Active Stock Review

The stock now has a consensus rating of "Buy" and an average target price of $40.38. About 51.30M shares traded or 106.79% up from the average. Cisco Systems, Inc. 461.53 million shares or 1.06% less from 466.45 million shares in 2017Q2 were reported. Deprince Race & Zollo accumulated 0.41% or 661,338 shares. Ubs Asset Mgmt Americas Incorporated accumulated 20.49M shares.

Business Russian Federation says 5 citizens probably killed by U.S. strike in Syria
Author: 0 Russian Federation says 5 citizens probably killed by U.S. strike in Syria

US officials also said the Russian government had lodged no complaint about its citizens being killed . Russia's military said it had nothing to do with the attack and the USA accepted the claim. Russian media said Russian private contractors were part of pro-government forces that advanced on oil fields in the eastern Deir el-Zour province and were targeted by the United States.

Author: 0 Jones Energy Inc (JONE) and Pennsylvania Real Estate Investment (PEI) Under Limelight

It has underperformed by 1.29% the S&P500.The move comes after 7 months negative chart setup for the $2.02 billion company. 6 have given the stock a Hold rating , 2 as Underperform and 0 as Sell. Commonwealth Equity Service holds 12,091 shares or 0% of its portfolio. Pinebridge Investments LP holds 64,520 shares or 0.02% of its portfolio. Pennsylvania Real Estate Investment (NYSE:PEI)'s 52-week price fluctuated within the range of $17.94 - $9.30.

Business Indian Bank is Cheated of $1.8 Billion in Complex Fraud
Author: 0 Indian Bank is Cheated of $1.8 Billion in Complex Fraud

Emails sent to Nirav Modi remained unanswered. "Two of our employees, in connivance with the foreign branches of Indian banks - barring one case - have conducted fraudulent transactions". As experts have pointed out, if Modi pays up that will solve the problem. The fraudulent LoU was never entered into the PNB's system. - How did Nirav and Choksi dupe the entire banking system through forged LoUs and who is responsible for this biggest scam of bank loot? PNB briefed the ...

Author: 0 (NASDAQ:OLED) Stake Lessened by Rothschild Investment Corp IL

It has outperformed by 15.16% the S&P500. While talking about Performance of the Stock, Universal Display Corp. now has a Weekly performance of 6.06%, monthly performance percentage is -19.78 percent, Quarterly performance is -10.11 percent, 6 months performance shows a percent value of 42.42% and Yearly Performance is 137.01 percent.

Business Chipotle looks to fast-food chain Taco Bell for next CEO
Author: 0 Chipotle looks to fast-food chain Taco Bell for next CEO

Heading into the stock price potential, Chipotle Mexican Grill , Inc. needs to grow just 15.48% to cross its median price target of $295. Canaccord Genuity lowered their price objective on shares of Chipotle Mexican Grill from $400.00 to $325.00 and set a "hold" rating on the stock in a research note on Wednesday, October 25th.

Business NVIDIA Corporation (NVDA): Trading summary of Watch List active stock
Author: 0 NVIDIA Corporation (NVDA): Trading summary of Watch List active stock

Cibc World Markets Corp, which manages about $10.42B US Long portfolio, decreased its stake in Express Scripts Hldg Co (NASDAQ:ESRX) by 155,942 shares to 209,111 shares, valued at $13.24 million in 2017Q3, according to the filing. Chicago Equity Llc invested in 0.79% or 153,125 shares. Point72 Asia (Hong Kong) Ltd holds 0.3% or 7,741 shares. Moreover, Kemnay Advisory Services has 0.35% invested in The Goldman Sachs Group, Inc.

Author: 0 Stocks Charging Up for Historic Highs: Express Scripts Holding Company (NASDAQ:ESRX)

Rivernorth Capital Management Llc owns 3.36 million shares or 3.8% of their United States portfolio. The stock increased 1.92% or $6.19 during the last trading session, reaching $328.5. The California-based Bingham Osborn & Scarborough Lc has invested 0.1% in Tesla, Inc. On Wednesday, March 15 the stock rating was downgraded by Wells Fargo to "Underperform".

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