TapForMobile
  • Young Bulls players fed up with Dwyane Wade; buyout 'inevitable'

    Young Bulls players fed up with Dwyane Wade; buyout 'inevitable'

    For starters, Wade has always kept a house in Miami, and it's quite possible his sons simply missed the area where they were raised. With a parting of the ways between the sides viewed as a foregone conclusion by many in the league sooner or later, Wade would like $20 million of his owed $23.8 million for 2017-'18 in a buyout, the Sun-Times' Joe Cowley reported Tuesday afternoon.

    Continue Reading...
  • Indonesian hackers target Malaysian websites after flag fiasco

    Indonesian hackers target Malaysian websites after flag fiasco

    Malaysia apologised to Indonesia on Sunday for an "unintentional" mistake in printing the Indonesian flag upside down in a souvenir guidebook for the South-East Asian Games. Mr Nahrawi, who earlier described the error as "very painful", said he accepted the apology. Ties between Malaysia and Indonesia are generally cordial, but occasional perceived slights or when cases of an Indonesian maid being abused by a Malaysian employer come to light, passions in the republic flare up.

    Continue Reading...
  • French energy giant snaps up Maersk Oil for $7.45b

    French energy giant snaps up Maersk Oil for $7.45b

    Brent crude , the worldwide oil price benchmark that sets prices in the North Sea region, was down 1.1 per cent to $52.13 a barrel, as traders took profits following a rally at the end of last week. "We intend to build on the strong operational and technical competencies of the Maersk Oil teams in the same way we managed to do it in Belgium with the teams of Petrofina in the refining & chemical businesses".

    Continue Reading...
  • Foot Locker sales miss weighs on sector's stocks

    Foot Locker sales miss weighs on sector's stocks

    Argus Research initiated Foot Locker , Inc. These funds have also shifted positions in (FL). Todd Asset Management LLC raised its position in Foot Locker by 34.3% in the first quarter. TRADEMARK VIOLATION WARNING: This piece was reported by Stock Observer and is the property of of Stock Observer. If you are accessing this piece on another site, it was illegally stolen and reposted in violation of US and global copyright law.

    Continue Reading...
  • Nifty breaches 10000 mark, Sensex at new high on fund inflows

    Nifty breaches 10000 mark, Sensex at new high on fund inflows

    The BSE market breadth was bullish with 1,430 advances and 963 declines. Similarly, Nifty IT index was up by 1.57%, keeping it above the 9800 mark. and North Korea eased. Experts also believe that one of the reasons for the fall could also have been based on global cues. Asian stocks edged higher on Thursday, as tensions between the United States and North Korea came off the boil, while the Federal Reserve's concerns about weak USA inflation weighed on the dollar, reported in Reuters.

    Continue Reading...
  • Retail Sales Increased 0.6% in July, Up 4.2% YOY

    Retail Sales Increased 0.6% in July, Up 4.2% YOY

    Shoppers turned out in force in July, driving retail sales to their largest gain since December 2016. Retail-control group sales, which are used to calculate GDP and exclude the categories of food services, auto dealers, building materials stores and gasoline stations, increased 0.6% following a 0.1% gain.

    Continue Reading...
  • Target Announces Bid To Buy Grand Junction

    Target Announces Bid To Buy Grand Junction

    The software company also enables payment processing, visibility and operations dashboards. Currently, Grand Junction is working with Target on its same-day delivery pilot at the Target store in New York's Tribeca neighborhood. Its founder and chief executive, Rob Howard, is to become Target's vice president of technology. Target announced that same-day deliveries would be expanded to include stores in NY during the fall and to other large cities in 2018.

    Continue Reading...
  • Oil slips on strong dollar, OPEC and China weigh

    Oil slips on strong dollar, OPEC and China weigh

    Market focus was turning to the release of official U.S. Energy Information Administration data later on Wednesday for a further update on inventories. Not a lot has changed despite the Opec and Russian Federation efforts recently. Offsetting much of that effort, however, U.S. oil production has soared by nearly 12% since mid-2016 to 9.42-million barrels a day.

    Continue Reading...
  • JD(U) all set to join NDA on Aug 19

    JD(U) all set to join NDA on Aug 19

    This was Mr. Kumar's first visit to Delhi after his party pulled the plug on the grand alliance government in Bihar with the Rashtriya Janata Dal and the Congress to ally with the BJP. He also said the Congress president was trying to "interfere" in the JD (U)'s internal matters, he said. "Yesterday (Friday) they suspended me from the parliamentary party".

    Continue Reading...
  • China warns ASEAN vs 'outside parties' in South China Sea

    China warns ASEAN vs 'outside parties' in South China Sea

    Duterte made a state visit to China a year ago, and also threatened to sever security cooperation with Beijing's traditional rival, the United States . "Sanctions are necessary but in no way the ultimate goal". Cambodia, one of China's strongest allies within ASEAN, has firmly resisted, according to the diplomats as well as an excerpt of the proposed Cambodian resolution obtained by AFP on Sunday.

    Continue Reading...
  • Hospitals add 7.3k jobs in July, continue job growth

    Hospitals add 7.3k jobs in July, continue job growth

    The labor-force participation rate, a measure of the share of people with jobs or looking for employment, was 35% for teens in July. In raw numbers , the U.S. McDonald's ( MCD ) said in mid-June that the fast-food chain and its franchisees will add 250,000 workers this summer - more than the Golden Arches hired a year ago.

    Continue Reading...
  • Bank of England slashes its growth forecast (again)

    Bank of England slashes its growth forecast (again)

    The Bank today attempted to prime markets that monetary policy may need to be tightened by a "somewhat greater extent" than investors are now anticipating. Michael Saunders and Ian McCafferty voted again for a 25 basis point rate rise. Kristin Forbes, a hawk, has since been replaced with Silvana Tenreyro, who voted to hold the rate steady in Thursday's decision.

    Continue Reading...
  • Sprint's trick to making money: A year of free of service

    Sprint's trick to making money: A year of free of service

    Sprint , which is unprofitable and has a lot of debt, had proposed an acquisition by Charter, according to published reports . The company has been exploring deal options with T-Mobile US Inc but faces the hurdle of reaching an agreement on price as well as getting the deal approved by regulators.

    Continue Reading...
  • HSBC profits up 5% in first half of 2017

    HSBC profits up 5% in first half of 2017

    The lender reported pre-tax profits of US$10.2 billion compared to US$9.7 billion for the same period in 2016. He said the bank's strong capital generation means it is likely to keep its annual dividend at $0.51 per share and every six months look at whether it has more capital than it needs to increase lending profitably and meet regulatory needs.

    Continue Reading...
  • Sensex, Nifty Seen Up As Earnings Bring Cheer

    Sensex, Nifty Seen Up As Earnings Bring Cheer

    The Dow rose 0.3 percent to reach another record closing high, while the Nasdaq Composite dropped 0.4 percent and the S&P 500 edged down 0.1 percent. The rupee opened at 64.10 per USA dollars against Monday's closing rate of 64.18. "Moderation in inflation to below RBI's target of 4 per cent heightened the expectation of rate cut during the next monetary policy", said Vinod Nair, Head of Research, Geojit Financial Services.

    Continue Reading...
  • Starbucks Corporation (SBUX) To Close All 379 Teavana Stores

    Despite the closings, Starbucks said that it will still be selling Teavana drinks in its Starbucks stores and bottled Teavana beverages at grocery stores. "Slowing growth is suggestive of maturation, interesting as Starbucks estimates it has slightly over 13 million My Starbucks Rewards members out of approximately 75 million available customers".

    Continue Reading...
  • United Kingdom to ban sale of petrol and diesel cars by 2040

    United Kingdom to ban sale of petrol and diesel cars by 2040

    U.K. Environment Minister Michael Gove announced a $3.9 billion air pollution plan on Wednesday, which included the ban on fossil-fueled cars . "We can't carry on with diesel and petrol [gasoline] cars", he said, "not just because of the health problems that they cause, but also because the emissions that they cause would mean that we would accelerate climate change , do damage to our planet and the next generation".

    Continue Reading...
  • EPS Marches Higher As General Motors Exits Europe

    EPS Marches Higher As General Motors Exits Europe

    Vanguard Group Inc owns $3.22 billion in General Motors Company , which represents roughly 5.94% of the company's market cap and approximately 8.02% of the institutional ownership. Nomura reissued a "buy" rating and issued a $14.80 target price on shares of Ford Motor in a research report on Tuesday, May 2nd. Vetr cut Ford Motor from a "strong-buy" rating to a "buy" rating and set a $12.45 price target for the company.in a research note on Wednesday, May 31st.

    Continue Reading...