Markets

Amazon to overhaul Whole Foods as merger draws to a close

The S&P 500 Food Retail index closed down nearly 5 percent as more than $10 billion was wiped off the market value of big food sellers. In addition, Amazon ...


New DOE Study Explores Decline Of Coal, Nuclear Power

It's hard for coal and nuclear plants to compete. "Instead of embracing the clean energy future that Americans want, the Trump Administration is looking backw...


Qantas eyes Sydney to London direct flights

Within the next five years they could bring us non-stop flights to London and NY direct from Melbourne , Sydney and Brisbane . While earnings from its g...


Baird Reiterates "Outperform" Rating for Ulta Beauty Inc. (ULTA)

Belden Inc. now has $3.12 billion valuation. The stock rose 0.55% or $0.75 reaching $137.73. About 132,486 shares traded. More interesting news about Ulta Bea...


Samsung heir found guilty of perjury, embezzlement, bribery

Lee, who is vice chairman of the Samsung Group , has for months been embroiled in a corruption scandal that has gripped South Korea . Lee was also convicted o...


Dixons Carphone CEO blames lack of smartphone innovation for "challenging" United Kingdom market

However, full-year profits before tax are now forecast to be in the £360 million to £440 million range, down from £501 million last year. This is down from an...


Time To Get Cautious? - The JM Smucker Company (SJM), HP Inc. (HPQ)

The firm earned "Neutral" rating on Monday, October 26 by Susquehanna. Although past volatility action may help project future stock volatility, it may also be ...


Existing-home sales post second straight decline

The median sales price has risen 6.2 percent from a year ago to $258,300, more than double the pace of growth in average hourly earnings. Sales of previously-...


Amazon Prime Will Be Whole Foods' Rewards Program

Amazon said Thursday its $13.7 billion deal to acquire Whole Foods Market will close August 28, following regulatory approval this week. Amazon and Whole...


Tim Cook: Apple will invest $1.3 billion in Iowa

The deal approved by the Iowa Economic Development Authority includes a refund of $19.6 million in state sale taxes for Apple Inc. and a $188 million break on p...


Uber drama fails to hurt its business, figures suggest

The embattled ride-hailing startup narrowed its losses by almost 9% in the second quarter, while bookings, trips and revenue continued to climb year-over-year, ...


Cabinet approves amalgamation of PSBs through alternative mechanism

The objective is to create strong entities and any decision regarding consolidation will be based on commercial feasibility, he added. Finance minister Arun ...


Air India chief Ashwani Lohani to head Railway Board

Prime Minister Narendra Modi asked Prabhu to "wait". The members also contacted Railway Minister and appealed to deny the resignation. Under the leadership ...


U.S. piles sanctions on N. Korea

She made the remark hours after US Secretary of State Rex Tillerson signalled that talks with the North might be possible "in the near future". Last week, Nor...


Oil Price Jumps After Supplies Drop

Venezuela's oil problems could cause OPEC to lose about three-times the crude oil supply that was lost during the Libyan crisis. A survey of analysts' s...


Salesforce.com, Inc. (CRM) Stock Shrugs on Good, Not Great, Q2 Beat

The firm has "Buy" rating by Needham given on Thursday, November 19. Pacific Crest has "Overweight" rating and $80 target. BMO Capital Markets maintained Mead J...


IBM Will Help Walmart, Nestle Sell Safer Food

However, in recent trials in the United States and China, IBM and Walmart demonstrated that blockchain can be used to track a product from the farm through ...


Ford, China's Zotye Auto plan JV to build electric vehicles

The country is aiming to have at least 20% of the vehicles sold there to be at least partially electric powered, amid ever-rising air pollution levels that are ...


US Treasury Yields Edge Lower; Investors Await Jackson Hole

No central bank is finding it easy to withdraw policies that helped to keep Western economies afloat after the global financial crisis. Although Yellen was in...


Herbalife's stock jumps as it reveals it was in buyout talks

Hap Trading Ltd Liability Company accumulated 49,752 shares or 0.12% of the stock. Share performance for the month is now at -12.36%. This recommendation lands ...


Earnings Analysis Of Foot Locker, Inc. (FL)

Jefferies Group LLC set a $80.00 target price on shares of Foot Locker and gave the company a "buy" rating in a research note on Tuesday, June 20th. The sto...


Banking services set to be hit on Tuesday

Operations at private lenders like ICICI Bank , HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal except delay in cheque clearances. Th...


Walmart will use Uber to Deliver Groceries

Walmart's online grocery delivery expansion on the other hand will be completed through a partnership with Uber. The pilot is now ongoing in Phoenix and Tampa, ...


Sempra Energy launches fourth attempt to acquire Oncor

Berkshire had told the PUCT it would accept "ringfencing" on its acquisition of Oncor, restricting its ability to extract cash from the company or add more debt...


Aamir Khan all praise for 'Secret Superstar' director

Aamir Khan plays a goofy rock star in Secret Superstar , a character that will supposedly be the mentor to the character of Zaira Wasim . Following the meg...