Finance

Author: 0 Coffee can be a cause for cancer, study says

The nonprofit group Council for Education and Research on Toxics sued Starbucks and about 90 other companies under this California law, but the coffee industry said that the amount of acrylamide is at a harmless levels. Berle said the epidemiology studies presented were inadequate to evaluate that risk. "A warning won't be that effective because it's an addictive product".

Finance SpaceX set to beam high-speed internet from the sky
Author: 0 SpaceX set to beam high-speed internet from the sky

Regulators at the Federal Communications Commission issued the approval late Thursday, saying it was the first time the agency had approved a USA -licensed satellite operation using the broadband technology. Elon Musk's private spaceflight company intends to put 4,425 low-flying satellites in orbit around the earth, flying at between 684 and 823 miles up.

Finance Toyota and Maruti Suzuki to share models from next year
Author: 0 Toyota and Maruti Suzuki to share models from next year

Specifically, Suzuki will supply the Baleno and Vitara Brezza vehicle models to Toyota , while Toyota will supply the Corolla vehicle model to Suzuki, Toyota said in a statement published on its website. Toyota and Suzuki aim to challenge each other with the goal of mutual improvement. Last year, Toyota sold roughly 140,000 cars in India, leaving its two plants in the country to operate at about half their capacity of manufacturing more than 300,000 vehicles a year.

Finance FAAC postpones meeting over NNPC's missing N37bn
Author: 0 FAAC postpones meeting over NNPC's missing N37bn

The Federation Accounts Allocation Committee (FAAC) finally ended the crisis that rocked its meeting on Tuesday, March 27, as it finally disbursement a total of N647.39 billion to the central, state and local governments in the country. The AGF said that while the government was committed to meeting its obligations to the people, such must be done in line with constitutional requirements.

Finance Chinese insurance mogul being tried on financial charges
Author: 0 Chinese insurance mogul being tried on financial charges

Prosecutors said Wu had concealed his control over Anbang and faked financial statements to cheat regulators for approvals to sell insurance products to the public for investment. The highly unusual commandeering of Anbang signalled deep official concern over the Beijing-based company's financial situation and appeared to confirm that toxic financial risks lurked in the world's second-largest economy.

Finance ExxonMobil (NYSE:XOM) Rating Reiterated by Societe Generale
Author: 0 ExxonMobil (NYSE:XOM) Rating Reiterated by Societe Generale

The Stifel Financial Corp holds 2.03M shares with $62.71 million value, up from 277,053 last quarter. South St Corp now has $3.14 billion valuation. The stock decreased 1.93% or $0.264 during the last trading session, reaching $13.416. Since December 11, 2017, it had 0 insider buys, and 4 selling transactions for $3.42 million activity. Another trade for 19,500 shares valued at $1.62 million was made by Corson Bradley W on Monday, December 11.

Finance Millions of MyFitnessPal accounts hacked, Under Armour says
Author: 0 Millions of MyFitnessPal accounts hacked, Under Armour says

The tech-heavy index fell 0.85 percent to 6,949.23 as Amazon, Netflix and Apple pulled back 4.38 percent, 4.96 percent and 1.10 percent, respectively. Another important technical analysis volatility indicator is Average True Range (ATR), originally developed by J. Welles Wilder, Jr. for commodities.

Finance A second nuclear plant in Pa. to shut down, company announces
Author: 0 A second nuclear plant in Pa. to shut down, company announces

The utilities provider reported $0.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.68 by $0.03. Analysts await FirstEnergy Corp . (NYSE:EPD) for 15,985 shares. State Of Alaska Department Of Revenue owns 76,218 shares. Beese Fulmer has 80,227 shares. The request came after the Federal Energy Regulatory Commission in March rejected Perry's plan to institute such a requirement in all competitive electricity markets, a plan that FirstEnergy vocally supported.

Finance Wall St rises as technology shares gain
Author: 0 Wall St rises as technology shares gain

The S&P 500 fell 7 points, or 0.3 percent, to 2,605. Still, the S&P 500 and the Dow are on track to log their worst quarter in more than two years on concerns over a global trade war and aggressive interest rate hikes, as well as a rout in technology stocks caused by the Facebook data scandal .

Finance Constellation Brands (STZ) Price Target Raised to $285.00
Author: 0 Constellation Brands (STZ) Price Target Raised to $285.00

The firm has "Neutral" rating by Citigroup given on Tuesday, January 5. The rating was maintained by FBR Capital with "Outperform" on Monday, August 29. Howe & Rusling Inc who had been investing in Constellation Brands Inc for a number of months, seems to be bullish on the $43.13 billion market cap company.

Finance Opening Day for Detroit Tigers Postponed
Author: 0 Opening Day for Detroit Tigers Postponed

All tickets for the Opening Day game will be honored for the new date. That day, the White Sox paraded onto the field for pregame introductions, but the game itself was pushed back a day. For the Tigers, the postponement isn't especially cumbersome from a business operations perspective because the team has had 118 years of handling them.

Finance CME Group Seals Deal to Buy UK's NEX for $5.4 Billion
Author: 0 CME Group Seals Deal to Buy UK's NEX for $5.4 Billion

In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.59% with $339.24 Million sitting short, betting on future declines. Leavell Invest accumulated 0.54% or 32,435 shares. Comerica Bank increased its holdings in CME Group by 0.4% during the 4th quarter. (NASDAQ:CME). Rothschild Inv Il holds 0.08% of its portfolio in CME Group Inc.

Finance Barclays to Pay $2B to Settle RMBS Case
Author: 0 Barclays to Pay $2B to Settle RMBS Case

The company "systematically and intentionally misrepresented key characteristics of the loans it included" in 36 RMBS deals worth $31 billion, the Justice Department said at the time. It has been a priority for this management team from the start to resolve these historic issues in a timely and appropriate manner wherever possible.

Finance Daimler and the BMW Group merge mobility businesses
Author: 0 Daimler and the BMW Group merge mobility businesses

The two companies have agreed to combine their mobility services - striving towards more liveable cities with intelligent and seamless services that are easy to use and combine sustainable modes of transport... "We want to grow significantly and are capable of completing larger acquisitions", Daimler chief financial officer (CFO) Bodo Uebber told press. "The planned merger of our mobility services will pool our resources and sends a strong signal to our new competitors", BMW Group CEO Harald ...

Finance Deadline day today: Fate of GKN hangs in balance
Author: 0 Deadline day today: Fate of GKN hangs in balance

Dana had said it expected its deal with GKN to lower its tax bill by becoming a United Kingdom company. Melrose's ended down 0.2 percent at 223.3 pence. "I am concerned that a short-term approach to ownership may not be compatible with maintaining the longer-term relationships which characterise the best interests of the defence field".

Finance Invites bids to divest 76% AI stake
Author: 0 Invites bids to divest 76% AI stake

Ltd-an equal joint venture between Air India and Singapore-based SATS Ltd. In June, the Union Cabinet had given in-principle approval for national-carrier Air India's stake disinvestment. Inviting expression of interest, the Ministry of Civil Aviation outlined the parameters for potential bidders. Over Rs 24,576 crore of interest-bearing debt will be transferred to the new Air India, while the remaining Rs 25, ooo crore will stay with the asset holding company.

Finance That $100 Check Tucked Among Your ValPak Coupons is Real, Compan
Author: 0 That $100 Check Tucked Among Your ValPak Coupons is Real, Compan

This time around, ValPak added a special wrap that lets people know they are a victor. According to a post on Valpak's website, the checks will be randomly placed in specially marked Valpak envelopes every month in 2018. It was not immediately clear how many checks have gone unclaimed so far this year since the company has expanded the Instant Win program. "We're rewarding them for opening up the envelope".

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