Monday December 18-th, 2017

Pearson sees shares fall by a massive 30 per cent Pearson sees shares fall by a massive 30 per cent

Shares of publishing group Pearson (PSO) have hit an 8-year low after the company slashed dividends and cautioned that profits would underperform. Bertelsmann chairman Thomas Rabe said book publishing is the oldest core business of the 180-year-...

ND Tiwari, his son Rohit Shekhar to join BJP

Son of senior Congress leader from Uttarakhand Narayan Dutt Tiwari, Rohit Shekhar joined the Bharatiya Janata Party (BJP) on Wednesday. The Congress stalwart was the CM of undivided Uttar Pradesh from 21 January 1976 to April 30, 1977, August 3, 1984...

President Obama Commutes Chelsea Manning's Sentence President Obama Commutes Chelsea Manning's Sentence

She was sentenced to 35 years in 2013 for her role in leaking diplomatic cables to the anti-secrecy group while she was deployed in Iraq. Less than a week ago, WikiLeaks tweeted that Assange would agree to be extradited to the USA if Obama gave M...

Morgan Stanley (NYSE:MS) Shares Surges 1.69% Tuesday's Pre-market Trade

The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. Morgan Stanley's fixed-income trading revenue was $1.47 billion, compared with $550 million a year earlier. Trading revenues were...

Inflation reaches 2-year high amid weaker pound and rising oil price

John Hawksworth, chief economist at PwC , said the sharp increase in CPI reflects "the feedthrough from a weaker pound following the Brexit vote and a turnaround in global commodity prices during the course of 2016". There is no doubt that food price...

Wal-Mart pledges to create 10000 jobs in USA this year

Wal-Mart will open several new stores in California this year, including one in Compton this month, spokesman Scott Markley said. While Wal-Mart posted positive earnings streak for the fifth consecutive quarter, top-line remains sluggish possibly due...

U.S. shale oil output set to grow in February as prices rise

Brent crude futures, the worldwide benchmark for oil prices, were trading at US$56,07 per barrel in early trading, up 6 cents from their last close. Gains were capped by rising US production and scepticism that the Organization of the Petroleum Exp...

HHS nominee Tom Price faces insider trading accusations

In the midst of questions about Russia's accusations against the White House, the press secretary also addressed the controversy surrounding Trump's HHS nominee, Rep. Price continued to hold about $2,000 worth of shares in the company, the source sai...

Lucknow Airport Reopens A Day After Radar Repair

Since Kanpur airport is not used much, they took the data card from there and installed it in Lucknow VOR, making it operational just after midnight. Over 20 outgoing and incoming flights have been cancelled so far due to the fault.According to the...

Muslims congratulate Lindsay Lohan for 'converting' to Islam

The Mean girls star was spotted a year ago in April with the Holy Quran and since then has been quite outspoken about her interest in the religion. "The Quran opened doors for me to experience spiritually, to find another true meaning".

PBS launches 24/7 children's channel PBS launches 24/7 children's channel

There won't be a way to select shows "on demand" style, but the live stream will be available 24 hours a day through multiple venues. The PBS KIDS app now has more than 16 million downloads, with 4 billion streams for 2016, so the demand for this c...

December furniture store sales pop 3.1% December furniture store sales pop 3.1%

Core retail sales correspond most closely with the consumer spending component of gross domestic product. The NRF reported that retail sales, excluding automobiles, gas stations, and restaurants, were up 0.2 percent on a seasonally-adjusted basis f...

Central Intelligence Agency director says Trump does not understand Russian Federation

The fact that intelligence agencies had briefed the president-elect on the dossier - which was later published online by BuzzFeed - lent the allegations credence, but Brennan said the intelligence community was only "making sure that the president-el...

Renault to be investigated over diesel emissions 'cheating'

French prosecutors are investigating Renault over suspected cheating on vehicle exhaust emissions , a source at the Paris prosecutor's office told French journalists on January 13, sending shares in the automaker lower. Fiat Chrysler CEO Sergio Ma...

McCain says a wall alone is not enough to secure border McCain says a wall alone is not enough to secure border

Luke Messer of Indiana. Donald Trump could also choose to build the wall on various segments of the border, as well as reinforce existing structures with electronic surveillance systems. Since 1994, jobs in Mexico's automobile factories have hiked ...

Don's Johns: Port-a-potties get censored for Trump's inauguration Don's Johns: Port-a-potties get censored for Trump's inauguration

Of course, there is the appearance of "Don" in the name, which might create some bad optics combined with an embarrassing recent story of a dossier describing certain uncouth restroom activities involving Donald Trump. A spokesman for the Architect o...

Donald Trump declares Hillary Clinton 'guilty as hell' on Twitter Donald Trump declares Hillary Clinton 'guilty as hell' on Twitter

The Justice Department's Inspector General is undertaking a review of FBI methods during the investigation into Clinton's private email server. "Decisions that are made by inspectors general across the administration are independent, and this adm...

Amazon Sees Rapid Job Growth, Plans 100K New US Jobs Amazon Sees Rapid Job Growth, Plans 100K New US Jobs

Other roles will benefit areas like "cloud technology, machine learning, and advanced logistics", CEO Jeff Bezos detailed. Notably, this announcement of added jobs to the USA follows commentary from the company previous year that in 2016, Amazon ...

Iran's first jet purchased under sanctions deal lands in Tehran Iran's first jet purchased under sanctions deal lands in Tehran

State TV called it "a historic moment for Iran, signalling the end of the sanctions era for the country". Airbus and Boeing are putting up financing help for early deliveries as many Western banks remain wary of doing deals with Iran due to restricti...

Recommendation Trends to See: Wells Fargo & Company (NYSE:WFC)

Wells Fargo has reached out to 40 million retail customers through statement messaging, mailings and online communications, according to the company. They are also projecting the Low EPS estimate as $0.88 as compared to the Higher EPS estimate of ...

Takata to pay $1 billion, plead guilty in air bag probe

A federal grand jury indicted the former employees - Shinichi Tanaka, Hideo Nakajima and Tsuneo Chikaraishi. The Japanese air bag manufacturer Takata has reached a $ 1 billion settlement with the U.S. There are six counts against each of the execu...

Twitter Goes Crazy Over Modi Replacing Resembling Gandhi on Spinning Wheel Twitter Goes Crazy Over Modi Replacing Resembling Gandhi on Spinning Wheel

The Cabinet Minister of Micro, Small and Medium Enterprises said that as per his information PM Modi's picture was on one of the pages of the calendar, he hastily added that he will have to ascertain all the facts before commenting further on the iss...

Volkswagen Pleads Guilty, Negotiates $4.3 Billion Criminal Settlement For Emissions Cheating Volkswagen Pleads Guilty, Negotiates $4.3 Billion Criminal Settlement For Emissions Cheating

This new engine would be advertised to buyers as "clean diesel", but when the alleged co-conspirators realized they could not design a diesel engine that would meet the stricter nitrogen oxide emissions standards, VW chose to cheat by using special...

M&S third-quarter sales rise

M&S Chief Executive Steve Rowe said " better ranges, better availability and better prices " had aided the recovery. As a result of the weakening of sterling in late summer previous year, sales from continuing operations at actual exchange rates we...

Senator John McCain admits handing Donald Trump-Russia dossier to Federal Bureau of Investigation

The dossier on Mr Trump was compiled by a former British intelligence operative - first working for Republican opponents of the property developer and then for Democrats, according to CNN . "And the last thing I would say about anybody working in th...

New credit card rewards Prime members New credit card rewards Prime members

Okay, I saw this press release in my inbox this morning and I got super excited but figured there must be a hidden catch - well it turns out if you pay your bills on time and are addicted to Amazon this is an awesome credit card. In a new update,...

Airbus, Boeing tallies for 2016

Despite setting its own record - it delivered 635 airplanes in 2015 -Airbus' delivery total for the year puts it behind rival Boeing, which said last week it delivered 748 airplanes in 2016. Fabrice Bregier, who runs the European planemaker's jetli...

Bankrupt American Apparel Sells Brand to Gildan

The deal announced Tuesday, which is US$22 million higher than Gildan's original offer in November, would see the Montreal-based company acquire American Apparel's intellectual property rights and certain manufacturing equipment. Though the sale stil...

Yahoo NOT changing name to Altaba

The goal of the new name is to reflect Yahoo's evolution into a holding company for its investments into Yahoo Japan and Alibaba, deals that are worth over US$40 billion. Yahoo will sell its core assets to Verizon and will be renamed Altaba. The...

Strong sales make for Majestic Wine's 'best Christmas ever' Strong sales make for Majestic Wine's 'best Christmas ever'

Prosecco outsold French fizz at Naked Wines, where the company sold three bottles of Prosecco for every bottle of Champagne. Rowan Gormley, Majestic's chief executive, said: "It is particularly pleasing that both Naked Wines and Majestic Commercial...

PropTiger and Housing merge; $55 million investment in the JV PropTiger and Housing merge; $55 million investment in the JV

PropTiger is also clearly not an emerging market hopeful when you consider it could be valued at around $460 million using what REA Group just paid for its stake in the business as a valuation guide. The joint entity wishes to retain the Housing bra...

Manhunt continues for police killer in Orlando Manhunt continues for police killer in Orlando

Clayton was shot and later pronounced dead in a local hospital. Mina said Clayton was wearing protective body armor. "She will be deeply missed". 10 p.m., January 9: A GoFundMe page was created for Clayton's family. "Not tonight, not tomorrow, ...

Takeda to Buy Cancer Drug Maker Ariad for $5.2 Billion

Bearish revenue estimates established at $42.5M while the bullish revenue forecast has been figured out at $58.8M. "Whether the premium of over 70 percent for the acquisition is justified depends on synergies ahead", Morgan Stanley analysts wrote i...

Uber launches Movement to help improve road traffic conditions

Uber collected the data on the basis of estimated time of trips, how long it takes to reach a place in different travel conditions across different times of days and how travel times are affected by some events like road blocks, rush hours etc.

Flipkart appoints former Tiger Global exec Kalyan Krishnamurthy as CEO Flipkart appoints former Tiger Global exec Kalyan Krishnamurthy as CEO

Krishnamurthy, Ananth Narayanan , CEO of Myntra-Jabong combine, and Sameer Nigam, PhonePe CEO, will all report to Bansal. Bansal took the reins at Flipkart a year ago, following a reshuffle that saw his fellow co-founder, then CEO Sachin Bansal, ste...

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