Finance

Finance Edwards: Tech corporation's expansion means 2000 jobs
Author: 0 Edwards: Tech corporation's expansion means 2000 jobs

Updates on the announcement will be provided as more information becomes available. According to the Baton Rouge Business Report , the announcement involves DXC Technology , a Virginia-based company that was created in 2016 by the merger of CSC and the Enteprise Services segment of Hewlett Packard Enterprise.

Author: 0 Shell sells £1.3bn stake in Australia's Woodside Petroleum

Shell shares were up 0.8 percent at 1525 GMT. "Proceeds from the sale will contribute to reducing our net debt", Shell's Chief Financial Officer, Jessica Uhl, said in a statement. Shell was blocked from taking over Woodside by then Treasurer, Peter Costello in a bid worth $US5.1 billion. After being diluted further because of a decision not to participate in Woodside's dividend reinvestment programme, and what Shell said was a "change in Shell's level of involvement over Woodside's ...

Finance Bill Gates Building a 25000-Acre Smart City in Arizona
Author: 0 Bill Gates Building a 25000-Acre Smart City in Arizona

The area, which will be called Belmont, will include 3,800 acres of industrial, retail, and office space, 80,000 residences, and 470 acres for public education institutions. The investment firm Cascade Investment LLC, which is owned by the Microsoft boss, has just funded the 25,000-acre project in partnership with real-estate investment company, Belmont Partners .

Finance General Electric halves dividend for shareholders
Author: 0 General Electric halves dividend for shareholders

About 164.33 million shares traded or 110.22% up from the average. General Electric (NYSE:) is undergoing a number of changes as its new CEO tries to turn the company around. Investors sentiment decreased to 0.79 in 2017 Q2. Its up 0.10, from 1.28 in 2017Q1. 35 funds opened positions while 96 raised stakes. Private Wealth Prtnrs Llc accumulated 1.38% or 235,950 shares.

Finance Missouri launches investigation into Google's handling of consumer data
Author: 0 Missouri launches investigation into Google's handling of consumer data

The probe comes after European regulators investigated significant aspects of Google's business and as Washington is taking a harder look into the influence of dominant tech companies in American society. Hawley - a Republican who is running for the GOP Senate nomination to challenge sitting Democratic Sen. The idea that Google was unfairly suppressing search results for its competitors got scant traction in the US after the FTC concluded in 2013 that the company wasn't trying to stifle ...

Finance Coca-Cola Enterprises (CCE) Ownership Increased by Manning & Napier Advisors LLC
Author: 0 Coca-Cola Enterprises (CCE) Ownership Increased by Manning & Napier Advisors LLC

Pepsico Inc now has $160.35 billion valuation. It closed at $46.54 lastly. Coca-Cola European Partners plc (Orange) is an independent Coca-Cola bottler. (NYSE:ABM) has "Buy" rating given on Monday, August 31 by Zacks. The ratings change was sent to investors and clients in a a report today. On Monday, October 17 the stock rating was maintained by Jefferies with "Buy".

Finance Michael Bublé to headline Hyde Park's British Summer Time 2018
Author: 0 Michael Bublé to headline Hyde Park's British Summer Time 2018

While he refused to confirm of deny the reports, McKenna strongly hinted that the "Look What You Made Me Do" singer will be rocking up at the 80,000 capacity stadium next year. Then in April, Lopilato confirmed their son was doing "well" at a press conference in Argentina. At the time, Bublé said they were "devastated" by the news, adding the couple were putting their "careers on hold in order to devote all our time and attention to helping Noah get well".

Finance A Look At Bitcoin's Weekend Crash
Author: 0 A Look At Bitcoin's Weekend Crash

Sceptics of the digital currency range from billionaire Warren Buffett to JPMorgan Chase CEO Jamie Dimon, who have warned that the unregulated crypto-asset is a speculative bubble in danger of bursting after its nearly sevenfold increase this year.

Finance Pacific forum sticks to free-trade gospel despite Trump
Author: 0 Pacific forum sticks to free-trade gospel despite Trump

Australian National University professor Donald Rothwell, speaking to The New Daily from Canada, said he believed domestic politics and aspects of the TPP relating to cultural issues had driven Canada's position. But the official line, as espoused by Champagne, was that Trudeau missed the meeting because of a "misunderstanding" about the schedule. Canada, which has the second-biggest economy among remaining TPP countries after Japan, had said it wanted to ensure an agreement that would ...

Author: 0 Lyft confirms Toronto expansion by end of year

Now, Lyft is giving Uber a run for its money. Lyft is expanding to Toronto . "It depends on where the competition goes", Khosrowshahi said at the New York Times Dealbook conference last week. However, Uber has recovered its business in some of the major markets it took the biggest hit with the exception of San Francisco and NY. The company did not say exactly when the service would be available in the city, but says it will be "around to help ring in the holidays".

Author: 0 Walt Disney Company (The)'s (DIS) Hold Rating Reaffirmed at B. Riley

The stock declined 0.17% or $0.18 reaching $104.6 on the news. For the current quarter, 24 analysts are projecting a mean EPS of $1.62/share. The Walt Disney Company (DIS ) has made its way to a 12-month gain of 10.34%. 1 analysts gave its stock an Outperform rating. Canaccord Genuity has "Hold" rating and $6800 target. Spartan Motors, Inc. (NASDAQ:SPAR) is expected to pay $0.05 on Dec 15, 2017.

Author: 0 India's October retail inflation touches seven-month high of 3.58 percent

Consumer price index (CPI )-based inflation rose to this financial year's highest rate of 3.58 per cent in October, from 3.28 per cent in September, with food and fuel prices increasing at a higher pace. The inflation for sugar and confectionery items increased and settled at 6.75 per cent. Spices saw some decline in price and settled at (-) 2.15 points.

Finance Alibaba reports US$25.3 bln in global Singles Day sales
Author: 0 Alibaba reports US$25.3 bln in global Singles Day sales

The event is celebrated on November 11 in China and is the biggest commercial day of the year, with sales reaching at least 225 countries worldwide. JD.com, the country's largest consumer electronics retailer and second-largest e-commerce firm behind Alibaba , booked $19 billion in total sales for Singles' Day, which will be reflected in its fourth-quarter earnings.

Author: 0 Qualcomm rejects rival Broadcom's proposal

Broadcom CEO Hock Tan, who said earlier this month he would redomicile his company to the United States from Singapore, has stated he is open to launching a takeover battle. Broadcom has also been deliberating the possibility of raising its bid for Qualcomm, including through more debt financing, some of the sources said, although it was not clear when Broadcom would choose to make such a move.

Finance SoftBank to buy chunk of Uber
Author: 0 SoftBank to buy chunk of Uber

Softbank is reportedly investing at a valuation of around $68 billion, while the purchase of existing shares will be done... "We've entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment", Uber said in a statement.

Author: 0 Lithium battery explodes in bag at Orlando International Airport, police say

Lithium batteries have been known to explode before, and as of June, it was reported that there had been at least 17 lithium-ion related incidents on planes this year. After gates were reopened at 8:45 p.m., thousands of travelers faced longer waits to get through security and passengers who had evacuated needed to be screened again.

Finance Arkansas quarterback arrested on suspicion of DWI and careless driving
Author: 0 Arkansas quarterback arrested on suspicion of DWI and careless driving

His bail was set at $935 and he had yet to be released as of 10:25 a.m. After pulling over the truck, the officer observed the driver had "red and watery" eyes. Kelley, a Lafayette, La., native, did not start Saturday's game at LSU in Baton Rouge, La. Kelley entered Saturday's game against the Tigers in the fourth quarter and completed three of 10 passes for 33 yards and an interception.

Finance Massa saddened by Brazil F1 attacks
Author: 0 Massa saddened by Brazil F1 attacks

Race officials then invited Massa up onto the podium. The 36-year-old Massa delivered one of the best starts of the race and finished ahead of long-time rival Fernando Alonso of McLaren. With Sao Paulo notorious for throwing unpredictable weather conditions during the race weekend, the two-time world champion says that rain would be beneficial for the McLaren team but a top ten result in the race will be the goal.

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