Finance

Finance Nearly 500000 Ram Trucks Recalled Due to Fire Risk
Author: 0 Nearly 500000 Ram Trucks Recalled Due to Fire Risk

FCA US LLC is voluntarily recalling an estimated 47,927 minivans in the U.S.to realign certain seat-belt buckles. A company spokesman said that "in accordance with (the) regulatory definition, which includes everything from a burning odor to open flame, we are aware of a small number of such incidents".

Finance Americans need tax reform, says White House
Author: 0 Americans need tax reform, says White House

President Donald Trump often touts the stock market as a measure of his success, and his ability to do so will depend on success on taxes, Forbes said. "A 20-point reduction of the corporate income tax to 15 percent would boost the relative market incomes of the poorest Americans by significantly more than it would boost those of the richest".

Finance Activists force ship carrying Volkswagen cars to turn around, Greenpeace says
Author: 0 Activists force ship carrying Volkswagen cars to turn around, Greenpeace says

The protestors, who are now hanging from the 27-metre-high unloading door, say they won't disembark until "VW commits to take its toxic cars back to Germany". The German auto giant imports tens of thousands of vehicles through Sheerness, one of Britain's largest auto ports, every year. In a statement, a Volkswagen spokesman said: "We are aware of a protest this morning at the Sheerness port in Kent".

Finance Liliane Bettencourt, World's Richest Woman and L'Oreal Heiress, Dies Aged 94
Author: 0 Liliane Bettencourt, World's Richest Woman and L'Oreal Heiress, Dies Aged 94

Her mother died when Bettencourt was just five years old. World's richest woman and heiress of the renowned cosmetics giant L'Oreal, Liliane Bettencourt, died on Thursday. Bettencourt long enjoyed the company of artists, and her Bettencourt-Schueller foundation funded a range of films and art projects over the years, in addition to medical research and literacy projects.

Finance Johnson & Johnson (NYSE:JNJ) Institutional Investors Quarterly Sentiment
Author: 0 Johnson & Johnson (NYSE:JNJ) Institutional Investors Quarterly Sentiment

About 7.17 million shares traded. Duke Realty Corp (NYSE:DRE) has risen 24.81% since September 21, 2016 and is uptrending. It has outperformed by 16.61% the S&P500. Johnson & Johnson makes up about 0.5% of Brighton Jones LLC's portfolio, making the share its 20th biggest stake. Yhb Invest Advsr Inc stated it has 74,855 shares or 1.8% of all its holdings.

Author: 0 Dollar weakens as Fed's rate decision draws closer

But in the current quarter, the pace of expansion has slowed to 1.7 percent, according to Macroeconomic Advisers, with hurricanes Harvey and Irma, among other factors, dampening activity. The Fed is widely expected to announce on Wednesday that it will begin paring its bond holdings, with reductions likely to start in the coming months.

Author: 0 China's credit rating has been cut due to concerns about rising debt

Premier Li Keqiang said in June that China could meet its target. Standard and Poor say a prolonged period of strong credit growth has increased the country's financial risks. China's gross domestic product (GDP) grew 7.3 percent in 2014, 6.9 percent in 2015, and 6.7 percent past year, according to the International Monetary Fund (IMF) data.

Author: 0 United States stocks gain as all three main indexes close at records

The stock was the biggest loser on the consumer discretionary index .SPLRCD Tesla (TSLA.O) was down more than 2.4 percent after Jefferies started coverage of the electric auto maker's stock with "underperform". Six of the 11 major S&P sectors closed higher, with the financial sector's 0.8 percent gain providing the biggest boost. While some investors said the Fed's tone was more hawkish than expected others were happy Fed Chair Janet Yellen reiterated her stance that balance sheet reduction ...

Author: 0 United States stocks wobble after Fed announcement, but close higher

That means mid-month and end-of-month maturities would be reinvested evenly, based on the monthly cap. The cause of the spike in the Dollars was arguably the fact that the dot plot or perceived course of hikes from the Fed continued to expect one hike this year and three next year.

Finance Paytm Mall to spend Rs. 200 cr. more on gifts
Author: 0 Paytm Mall to spend Rs. 200 cr. more on gifts

Apart from this, the Big Billion Sale will see product and brands with a host of consumer financing programs such as No Cost EMI, Product Exchange, Buy Back Guarantee and Buy Now Pay Later. "We are confident these flash sales will bring more excitement and exhilaration to the festive shopping experience and make this Diwali more specials for our customers".

Author: 0 Wall St opens flat as investors await Fed decision

Wall Street opened little changed on Wednesday as investors waited for the conclusion of the two-day Federal Reserve meeting for indications of a third interest rate hike this year. The S&P 500 added 1.59 points, or 0.06 percent, to 2,508.24. "Analysts expect the Fed to keep the possibility of a December interest rate hike on the table", said Ipek Ozkardeskaya, senior market analyst, at London Capital Group, in a note.

Author: 0 Applied Optoelectronics, Inc. (AAOI) Earns Sell Rating from BWS Financial

After having $1.43 EPS previously, Applied Optoelectronics Inc's analysts see -16.08 % EPS growth. Whereas, in last 21 trading days (one month) was moved up 2.76% and surged in last 63 trading days (quarter) of 4.89%. During the same quarter in the previous year, the firm posted $0.16 EPS. Raymond James Fincl Serv Advisors Incorporated has 0.01% invested in Applied Optoelectronics Inc (NASDAQ: AAOI ).

Finance What's Fueling Investor Confidence? - Chevron Corporation (CVX), Wal-Mart Stores, Inc. (WMT)
Author: 0 What's Fueling Investor Confidence? - Chevron Corporation (CVX), Wal-Mart Stores, Inc. (WMT)

Wal now has $240.35B valuation. The stock rose 0.49% or $0.39 reaching $80.46. Thanks to a rise of nearly 3.42% in the past five days, the stock price is now down -1.16% so far on the year - still in weak territory. The New York-based Lyrical Asset Management Lp has invested 2.39% in the stock. Cypress Capital Group owns 1.07% invested in Wal-Mart Stores Inc (NYSE: WMT ) for 64,926 shares.

Finance Recession possible if the Federal Reserve follows its plan, says Bill Gross
Author: 0 Recession possible if the Federal Reserve follows its plan, says Bill Gross

In its statement, the Fed , as expected, left rates unchanged and also said it would begin in October to reduce its approximately US$4.2 trillion in holdings of U.S. The Nasdaq composite fell 5 points, or 0.1 percent, to 6,456. Spot gold experienced a rise at about 0.2 per cent to $1,313.50 an ounce on the said period as the USA gold futures for December delivery soared by 0.5 per cent at $1,317.40 an ounce as well.

Author: 0 Hurricanes' Impact Could Make US Fed More Hawkish

While it is a known case for a smaller balance sheet, what is not known right now is by exactly how much the Fed will cut that $4.5 trillion amount. "There is a bit of a disconnect between the market and the Fed", he said. After pushing the S&P above its 2,500-point milestone last week, investors were holding their fire as they awaited more clues on the timing of the next rate hike from Fed Chair Janet Yellen .

Author: 0 McDonald's Corporation's (NYSE:MCD) "Buy" Rating Reaffirmed at Mizuho

The stock was bought at an average price of $128.94 per share, for a total transaction of $206,304.00. (NYSE:CRI) has declined 16.63% since September 20, 2016 and is downtrending. Analysts have given a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Finance AMD and Tesla: 'Double Slap' at Intel, Says Rosenblatt
Author: 0 AMD and Tesla: 'Double Slap' at Intel, Says Rosenblatt

The electric carmaker has apparently already received the first samples of its processor prototype for testing, according to the report . Understandably AMD shares have risen significantly in afterhours trading. As it seems now, they have partnered up with AMD to do so. Tesla , for a long time, has been relying on Nvidia for powering its self-driving cars.

Finance Massachusetts AG Healey sues credit reporting firm Equifax
Author: 0 Massachusetts AG Healey sues credit reporting firm Equifax

If at any time you want to buy a vehicle, get a credit card, find an apartment, or switch jobs, you can unfreeze your credit to allow access again. He also said that Equifax must be "held accountable" for the breach. Check this list of state guidelines for security freeze details in your state, including groups that can place security freeze requests for free. Equifax discovered the data breach earlier this summer, but the company waited six weeks before bothering to tell the public ...