Business

Business IndiGo denies reports that 13 NEO planes have been grounded
Author: 0 IndiGo denies reports that 13 NEO planes have been grounded

According to a spokesperson of IndiGo , owned by InterGlobe Aviation , four aircraft were now grounded because spare engines were awaiting customs clearance over issues related to the new goods and services tax (GST). The frequent grounding of the A320 planes occurred due to multiple issues, including engine failure . Reportedly, a total of 667 flights were cancelled by the IndiGo airlines between June 21 and July 3 this year, with 61 flights cancelled on June 27 alone, due to the ...

Business Merck CEO Resigns From A Trump Business Council, Citing His Conscience
Author: 0 Merck CEO Resigns From A Trump Business Council, Citing His Conscience

The AFL-CIO, a federation of labor unions that represent 12.5 million workers, said it was considering pulling its representative on the committee. Kevin Plank , the CEO of Under Armour , quit the council later in the day. The White House tried to stem the damage on Sunday. "No equivalence w/ those who bring us together". "We can not sit on a council for a president who tolerates bigotry and domestic terrorism", they said.

Business Ford CEO: Self-Driving Cars Some Time Off
Author: 0 Ford CEO: Self-Driving Cars Some Time Off

Ltd. increased its position in shares of Ford Motor by 3.5% in the first quarter. The stock has "Neutral" rating by Bank of America on Friday, April 29. The consensus target price is $15.94 with 1 firm rating the stock a strong buy, 6 firms rating the stock a buy, 11 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Business Hibbett Sports, Inc. (HIBB) Sees New 52-Week High
Author: 0 Hibbett Sports, Inc. (HIBB) Sees New 52-Week High

It has outperformed by 14.75% the S&P500. Hibbett Sports had a net margin of 5.59% and a return on equity of 16.39%. The firm's revenue was down 2.3% compared to the same quarter previous year. Therefore 16% are positive. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

Business Exec resigns from president's council, and Trump lashes out
Author: 0 Exec resigns from president's council, and Trump lashes out

The Maplewood-based company will "continue to champion an environment that supports sustainability, diversity and inclusion", he added. President Donald Trump has just disbanded two of his CEO business advisory councils, after seven members quit one and talk was growing a separate council was discussing dissolving itself.

Business Will This Too Be Introduced Soon?
Author: 0 Will This Too Be Introduced Soon?

Unlike other currency notes, the portrait of Mahatma Gandhi is at the centre. Past year in December, the Reserve Bank of India had said that it will soon introduce the new currency notes of Rs 50 and Rs 20 denominations with numerals in ascending size in the number panels and without intaglio printing.

Business 1.8 million Chicago voter records exposed online
Author: 0 1.8 million Chicago voter records exposed online

Election Systems said in a statement that the files "did not include any ballot information or vote totals and were not in any way connected to Chicago's voting or tabulation systems". This is not the first time UpGuard has uncovered a voting database leak. This means someone at ES&S misconfigured a security setting and exposed the data online.

Business Fatalities reported following Las Ramblas incident
Author: 0 Fatalities reported following Las Ramblas incident

Police said they had also killed five attackers on Thursday night in Cambrils , a town south of Barcelona . A woman who was critically injured in a terror attack in Cambrils has died bringing the total number of dead from the two attacks to 14, Catalonian authorities said.

Author: 0 Russell Investments Group Ltd. Cuts Stake in Estee Lauder Companies, Inc

Hedge funds and other institutional investors own 55.38% of the company's stock. Estee Lauder shares have increased 29 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 8.5 percent. The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. The third largest holder is Blackrock Inc., which now holds $1.5 billion worth of this stock and that ownership represents almost 4.05% of its market capitalization.

Business Heineken-Punch Taverns deal gets the go ahead from CMA
Author: 0 Heineken-Punch Taverns deal gets the go ahead from CMA

The U.K. regulator had previously identified 33 areas where Heineken and Punch pubs wouldn't face sufficient competition. The deal makes Heineken, which owns the Star Pubs and Bars business, the third largest United Kingdom pub group after Greene King and Enterprise Inns.

Author: 0 Investment Research Analysts Opinion: Lexington Realty Trust (LXP), Fitbit, Inc. (FIT)

About 55,470 shares traded. 08/04/2016 - Physicians Realty Trust had its "buy" rating reiterated by analysts at Wunderlich. It has underperformed by 11.26% the S&P500. On Monday, October 3 the stock rating was downgraded by Boenning & Scattergood to "Neutral". The firm has "Buy" rating by Evercore given on Tuesday, September 8.

Author: 0 Mourinho, Zidane, Conte norminated for FIFA Coach of the Year

The Best FIFA Football Awards ceremony will hold on Monday 23 October, where all winners will be presented with their awards. The worldwide football Federation announced the names of 12 professionals applying for the award of best coach in 2017.

Author: 0 A Gary Cohn resignation would 'crash the markets'

World equity markets and U.S. bond yields fell while gold rose on Thursday as investors favored safe-haven investments amid growing skepticism U.S. President Donald Trump , embroiled in controversy, would achieve his economic agenda. Cohn has tried to steer his aides away from Washington politics and focus them instead on getting results, even if they come slowly, or not at all.

Business Moon says North Korea developing nuclear-armed missile would be
Author: 0 Moon says North Korea developing nuclear-armed missile would be "red line"

But Mr Moon said he believes dialogue with North Korea can happen when North Korea halts missile and nuclear tests. Any conflict between the North and the U.S. Although Pyongyang has remained silent on Seoul's offer to hold working-level military talks and Red Cross talks on the reunion of separated families, the President said he would consider dispatching a special envoy to Pyongyang under the right circumstances.

Business Foot Locker shares plunge 15% after dismal Q2 results
Author: 0 Foot Locker shares plunge 15% after dismal Q2 results

Bank of New York Mellon Corp raised its stake in shares of Foot Locker by 1.5% in the first quarter. Earnings per share (EPS ) is the portion of a company's profit allocated to each outstanding share of common stock. If you are accessing this piece on another site, it was stolen and republished in violation of worldwide copyright & trademark laws. Foot Locker, Inc.

Business Three CEOs resign from Trump's American Manufacturing Council
Author: 0 Three CEOs resign from Trump's American Manufacturing Council

A majority of them left after criticism mounted over the USA presidents less-than-encouraging response to the weekend violence in Charlottesville, where a vehicle rammed into a crowd peacefully protesting against the rally by white supremacists, killing a 32-year-old woman.

Business United States general says Trump has final say on unilateral Korea strike
Author: 0 United States general says Trump has final say on unilateral Korea strike

America's top military officer has told his counterparts in South Korea that the United States is ready to use the "full range" of its military capabilities to defend itself and its allies from any North Korean provocation. The US-North Korean stand-off, which has simmered since the end of the Korean War in 1953, has grown more tense in recent months over worries that the North's nuclear weapons programme is nearing the ability to target the US mainland.

Business India's Infosys CEO and MD Sikka resigns
Author: 0 India's Infosys CEO and MD Sikka resigns

Following the announcement, the stock fell to Rs 958.00, registering a fall of 6.62 percent over its previous closing price on the BSE . Infosys is India's second-largest IT services company, and has a global presence, including in Australia and New Zealand.

Business Saraki and Dogara visits President Buhari in London
Author: 0 Saraki and Dogara visits President Buhari in London

In series of tweets on Thursday night after meeting Buhari in London , along with Speaker Yakubu Dogara , Saraki reported his impressions of the president's health and gushed over his remarkable recovery. " His health has improved tremendously ". The president had expressed appreciation to Nigerians during such visits, saying he would return to the country after clearance by his doctors.

Business BARCELONA ATTACK: GCU, U of A basketball players are OK, officials say
Author: 0 BARCELONA ATTACK: GCU, U of A basketball players are OK, officials say

Spanish Police have announced that they have killed several people in Cambrils in order to stop a second attempted attack, after a van attack in Spain's city of Barcelona . Catalan authorities have dismissed local media reports that had said a hostage situation had taken place following the crash. Witnesses to the van attack said the white vehicle had zigzagged at high speed down Las Ramblas, ramming pedestrians and cyclists, sending some hurtling through the air and leaving bodies ...

Business Barcelona, Cambrils attack linked
Author: 0 Barcelona, Cambrils attack linked

There are multiple injuries, police said , but have not yet said whether the incident was intentional or accidental. It's not known if he was the same person who drove the van. Though he didn't witness the carnage, he said the effects are being felt throughout the city. Regional police and emergency services were deployed to the area, which is at the heart of the city's touristic centre and is visited by thousands every day.

Business USA stocks recede as Trump's policy agenda at risk of crumbling
Author: 0 USA stocks recede as Trump's policy agenda at risk of crumbling

Financial shares also lost ground, falling 0.4 per cent, as a deadly vehicle attack in Barcelona for which Islamic State claimed responsibility helped drive down the yields on safe-haven government bonds. This was compounded after the White House said the president's advisory council on infrastructure "will not move forward". Key U.S. equity indexes were down between 0.6 percent and 1 percent, while the dollar was a touch higher but well off the day's peaks before the Cohn speculation.

Author: 0 Martin Midstream Partners LP (MMLP) — Shares in Focus

It has outperformed by 4.44% the S&P500. Round Table Services LLC purchased a new position in shares of EQT Midstream Partners, during the first quarter worth about $244,000. Investors are taking another look at shares of Alternative Fuel Technologies Inc (AFTC). Ftb Advsr Inc invested 0% of its portfolio in PrivateBancorp Inc (NASDAQ:PVTB).

Business Norwegian Cruise Line cancels booking from far right group
Author: 0 Norwegian Cruise Line cancels booking from far right group

Norwegian Cruise Line had 38 analyst reports since August 5, 2015 according to SRatingsIntel. Wedbush upgraded Norwegian Cruise Line Holdings from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $54.00 to $61.00 in a research report on Friday, May 26th.