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Finance

By looking at the Recommendation Trends of the stock polled by Thomson First call for the current month, 6 Analysts assigned the stock as Strong Buy. JP Morgan analysts disclosed their opinion on Southwest Airlines Co. Following the completion of the transaction, the insider is left with a stake of 117,188 shares, amounting $5941431.6. Credit Suisse Group set a $48.00 target price on shares of Southwest Airlines Company and gave the company a "buy" rating in a research note on Monday, ...
  • China's manufacturing growth contracts in December

    Finance

    Hungary's seasonally-adjusted Purchasing Managers Index (PMI) fell to 52.2 points in December 2016 from a revised 56.3 points in November 2016, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, announced today, according to Hungarian news agency MTI.
  • SBI cuts benchmark lending rate across various tenures by 0.9 per cent

    SBI cuts benchmark lending rate across various tenures by 0.9 per cent

    Finance

    For loans of overnight tenure, the new MCLR will be 8.50 per cent. One-month tenure will attract a rate of 8.75 per cent, while those for three and six months will be 8.85 and 8.90 per cent, respectively. Banks collected about Rs 12.44 lakh crore in deposits in the month after demonetisation. Taking a cue from the SBI, Punjab National Bank has cut its one-year MCLR rate by 0.7 per cent to 8.45 per cent from 9.15 per cent, effective today.
  • Aung San Suu Kyi criticised failing to protect Rohingya Muslims

    Aung San Suu Kyi criticised failing to protect Rohingya Muslims

    Finance

    It is believed that at least 27000 Rohingya refugees have crossed the Myanmar-Bangladesh border into Bangladesh in search of safety, and more than half of them are women and children. Dwelling on the chronology of the persecution, the letter said, "Their plight intensified dramatically in 2012 when two severe outbreaks of violence resulted in the displacement of hundreds of thousands and a new apartheid between Rohingya Muslims and their Rakhine Buddhist neighbours".
  • Petrol, diesel and LPG to cost more

    Finance

    ATF or jet fuel price was hiked by Rs. 4,161 per kilolitre (kl), or 8.6 per cent, to Rs. 52,540.63 a kilolitre in Delhi. "In order to maintain stability since April 2016, prices have been maintained despite fluctuation in global prices and the government has been absorbing the negative financial impact due to government's decisions for not passing on increases to the end consumers".
  • Enjoy a safe, sound New Year's Eve

    Enjoy a safe, sound New Year's Eve

    Finance

    As Oklahomans make plans to ring in the new year, many are looking for safe and convenient transportation options. Though newer drivers expressed excitement over the bonanza, some of their more experienced colleagues said driving on New Year's Eve was not worth the associated hassle or that they expected revenue to be disappointing.
  • Coalition Air Strike May Have Hit Civilians in Mosul, Military Says

    Coalition Air Strike May Have Hit Civilians in Mosul, Military Says

    Finance

    While Iraqi counterterrorism and army units pushed forward from the north and east toward the Tigris River that divides the city, several thousand federal police advanced to the southeast, commanders said. "The enemy is now isolated inside the left (eastern) bank of Mosul", Yahia Rassol, a military spokesman, said on state TV. The United Nations has previously expressed concern that the destruction of Mosul's bridges could obstruct the evacuation of civilians.
  • With S&P 500, Nasdaq Down, Dow Struggles for Gains

    With S&P 500, Nasdaq Down, Dow Struggles for Gains

    Finance

    The stall on Wall Street put yet more distance between the blue chip Dow Jones Industrial Average and the much-vaunted 20,000 mark. The broad-based S&P 500 slipped 0.2 percent to 2,265.07, while the tech-rich Nasdaq Composite Index lost 0.1 percent at 5,481.40.
  • India, Singapore sign 3rd protocol for amending DTAA

    India, Singapore sign 3rd protocol for amending DTAA

    Finance

    It wanted to ensure firms in the two nations that invest in India are not just shell companies but instead have substantial operations there, such as paying staff, before qualifying for treaty terms of getting exemption from payment of capital gains tax in India.
  • Quarterly Sales Analysis of NVIDIA Corporation (NASDAQ:NVDA)

    Quarterly Sales Analysis of NVIDIA Corporation (NASDAQ:NVDA)

    Finance

    KeyCorp reaffirmed an "equal weight" rating on shares of NVIDIA Corporation in a research report on Thursday. The consensus recommendation, according to Zacks Investment research , is 1.96. Dividend Information For Nvidia Corp. Also, CFO Colette Kress sold 37,804 shares of the firm's stock in a transaction dated Tuesday, October 4th.
  • Is Azealia Banks Sacrificing Chickens In Her Closet?

    Is Azealia Banks Sacrificing Chickens In Her Closet?

    Finance

    Banks proceeds to her chore and the video abruptly ends without any more notice from the femcee, who has now deleted the video from her social media. Sia has seemingly blasted Azealia Banks after it was alleged that the rapper has been sacrificing chickens for the past three years. "She's has a closet full of feathers and decomposed remains of chickens that she sacrificed in there".
  • Japanese minister visits controversial shrine, drawing ire

    Finance

    China and South Korea, along with some of Japan's other neighbors, view Yasukuni as a symbol of Japan's militarism in the 20th century , saying that lawmakers who visit the shrine are glossing over wartime history. Earlier this week, Inada accompanied Prime Minister Shinzo Abe on an historic visit to Pear Harbor, Hawaii, home to the U.S. Navy's Pacific Fleet. The shrine honors Japan's war dead.
  • Double-digit growth in tax collection figures, says Jaitley

    Double-digit growth in tax collection figures, says Jaitley

    Finance

    Jaitley also noted that there was no adverse impact of demonetisation drive on the economy as warned by critics. He further stated that large benefits of the move are visible and what is in banks is identifiable. Talking about revenue figures till December 19, he said the net increase in income tax so far has been to the extent of 14.4 percent. He said that a critical part of remonetisation is now behind us and it will be much better going forward.
  • Stocks edge higher in early after-Christmas trading

    Stocks edge higher in early after-Christmas trading

    Finance

    Gold prices remained close to a two-week high hit on Thursday amid low-volume holiday trading, as the US dollar and global stock markets pulled back, boosting the appeal of the yellow metal. An index of USA home prices increased in October, as buyers bidding for scarce properties drove home prices higher. Endologix shares lost $1.43 to $5.77.
  • Takata Criminal Probe Settlement Could Be as High as $1 Billion

    Finance

    The company is expected to pay some of the financial penalty up front and the rest over a number of years, the paper said, adding the total penalty "isn't likely to eclipse $1 billion". Worldwide, approximately 100 million vehicles have been recalled. One focus of the criminal probe centers on Takata providing misleading testing reports to customers including Honda Motor Co., a large buyer of the Japanese company's air bags, the people said.
  • Chevron Corp. (CVX) Stake Boosted by Virginia Retirement Systems ET AL

    Finance

    Webster Bank N.A. raised its stake in Chevron Corp.by 3.0% in the second quarter. Company latest quarter ended on 30 Sep 2016. Finally, Howard Capital Management increased its position in Chevron Corp.by 1.2% in the second quarter. Stockholders of record on Friday, November 18th were paid a $1.08 dividend. Chevron Corp. The firm's quarterly revenue was down 12.2% on a year-over-year basis.
  • Toshiba shares fall 20 per cent on warning

    Finance

    Shares in Japanese engineering conglomerate Toshiba shares fell 20% after it warned it would make writedowns at its USA nuclear business amounting to "several billion dollars". In a statement it said it was possible goodwill could be "several billion U.S. dollars" less than expected, resulting in a negative impact on its results.
  • Oil prices edge down ahead of OPEC, non-OPEC production cuts

    Oil prices edge down ahead of OPEC, non-OPEC production cuts

    Finance

    According to OPEC in its December monthly report , the top first and second suppliers to the U.S.in September remained the same as before. A monitoring committee consisting of some OPEC nations and non-members will meet on January 13 to track compliance with promised supply reductions, according to OPEC Secretary-General Mohammad Barkindo.
  • Chinese citizens used computer hacks to abet insider trading: Justice Department

    Finance

    Using that information, the suspects allegedly bought stocks in the companies involved in the deals, and ultimately sold the investments at a profit when the mergers or acquisitions were announced. The SEC appreciates the assistance of the U.S. Attorney's Office for Southern District of New York, Federal Bureau of Investigation, Hong Kong Securities and Futures Commission, and Financial Industry Regulatory Authority.
  • Iran Says It's Getting Planes From Boeing at Half the Price

    Iran Says It's Getting Planes From Boeing at Half the Price

    Finance

    It is the first major agreement between a US company and Iran since last year's landmark nuclear accord that removed crippling economic sanctions on Tehran. A Boeing spokesman in Dubai was not available to comment. Years of sanctions left its carriers with outdated and unsafe aircraft. The Iranian Minister of Transport, Fakrieh-Kashan, will pay under €10bn for 100 made in Europe Airbus Airliners, with an initially estimated value of approximately €18bn, IRNA reported on Sunday.
  • 'Step Up' Actress Found Dead in auto and Suspect in Custody

    'Step Up' Actress Found Dead in auto and Suspect in Custody

    Finance

    McCauley was a yoga instructor as well as an actress. "Tricia was a very strong leader and at the same time a very gentle, compassionate, nurturing person", Chehrazi said. The suspect was arrested after McCauley's auto was spotted early Tuesday. Police said it didn't appear that the suspect and McCauley knew each other.
  • Iraqi Popular Forces Repel Massive Attack by Daesh, Kill 30 Militants

    Finance

    The Islamic State's successful attempts in defending its hold on Mosul have slowed efforts, though the terror group has become quickly embattled in recent weeks as Iraqi forces move in on the major city. More than two months into the operation, elite Iraqi soldiers have retaken a quarter of Mosul, but entered a planned "operational refit" this month.
  • Italian bank Monte dei Paschi di Siena needs 8,8 billion

    Finance

    It was previously estimated that the world's oldest surviving bank required Euro 5 billion to deal with a capital shortfall. Last Friday, the Italian government approved a deal to bail out Monte dei Paschi after Italy's third biggest lender failed to win investor backing for a desperately needed €5bn fundraising.
  • Donald Trump Defends Foundation: '100% of Money Goes to Wonderful Charities'

    Finance

    But when it comes to Trump's conflicts, his foundation was hardly at the top of the list of concerns: it's his for-profit enterprises that are the basis for most of the controversies. Amy Spitalnik, a spokeswoman for Schneiderman, said Saturday on Twitter that the foundation " cannot legally dissolve " until the investigation concludes.
  • Amazon's hockey-puck sized smart speaker was its top seller this holiday

    Amazon's hockey-puck sized smart speaker was its top seller this holiday

    Finance

    The online vendor was so successful in selling its Amazon Echo this holiday season, that it had to halt shipping of the product because it ran out of inventory. The busiest shopping day of the year on the ecommerce platform was Monday, Dec. 19 - the last Monday before Christmas. The press release details the amount of Amazon mobile app users, how much content was streamed from their media library and how many robots and human seasonal employees it took to pull off their best holiday ...
  • Crude Oil Rises in Anticipation of OPEC Production Cuts

    Finance

    OPEC members agreed to cut production by 1.2 million barrels per day at the start of January and non-OPEC producers are to cut production by 600,000 barrels per day, citing two dozen countries are involved in the cuts. It said it could add 270,000 bpd within three months. If not, the global supply glut will worsen in 2017 and prices could turn back toward $40, analysts say.
  • Fill boxes with items for Goodwill; Amazon will pay shipping

    Fill boxes with items for Goodwill; Amazon will pay shipping

    Finance

    Once the box is packed, go to your computer and type in givebackbox.com. Open Your Box: Unpack your merchandise from your Amazon shipping box. The program has been around since 2012 and it's created to re-use an old shipping box, fill it up with items you don't want or no longer need, and then send them on to help others.
  • Passport rules changed to help single mothers, orphaned children

    Passport rules changed to help single mothers, orphaned children

    Finance

    The government made it easier for single mothers, adopted children and sadhus/sanyasis to apply for passports while reducing the paperwork and documentation required for several categories of applicants. No attestation/swearing by/before any Notary/Executive Magistrate/First Class Judicial Magistrate would be henceforth necessary. "Government servants, who are not able to obtain the Identity Certificate/ No-Objection Certificate from their concerned employer and intend to get the passport on ...
  • Plane carrying football team slides off runway

    Finance

    It's also somewhat of a nuisance considering the team had to wait in the plane for at least two hours before unboarding. The NFL stars, who play their rival Green Bay Packers later, were left waiting hours to get off the plane at Appleton International, about 30 miles south of Green Bay.
  • KKK Documentary Canceled After Network Learned Producers Paid Klan Members

    KKK Documentary Canceled After Network Learned Producers Paid Klan Members

    Finance

    On Saturday, A&E said: " We have now decided not to move forward with airing this project ". The network said it had previously told some of its partners, including civil rights and anti-hate groups the Anti Defamation League and Color of Change, that it had not given any payments to "hate group members", which now turns out to be false.
  • Chelsea sent a 'good message' - Conte

    Chelsea sent a 'good message' - Conte

    Finance

    He feels it is important that the Blues manage to keep their level of performances up and hold on to the momentum as he believes ever team in the league will want to beat the west Londoners now and stop their juggernaut. With Costa and N'Golo Kante banned, Pedro and Cesc Fabregas filled in as Michy Batshuayi was again left on the bench. "But at the same time today we had two players from our academy - Nathaniel Chalobah and Ola Aina - to come on.