Money

Money India names new Bank of India governor
Author: 0 India names new Bank of India governor

Urjit Patel will now succeed the outgoing governor of the RBI Raghuram Rajan following the end of his term this September. "The Appointments Committee of Cabinet has approved the appointment of Dr. He holds an M. Phil in economics from Oxford University and a PhD in economics from Yale University. Mr Rookmaaker added Fitch did not drive ratings based on personalities but policies.

Author: 0 How the Dow Jones industrial average fared on Friday

The Nasdaq composite lost 27 points, or 0.5 percent, to 5,199. Investors pored over another crop of earnings reports from retailers, restaurant chains and other companies. Traders sought shade from SunPower. The stock shed $4.45 to $11.91. Devon Energy added 4.4%, while Chesapeake Energy rose 4.8%. Its shares slid 48 cents to $9.71.

Money Chesapeake Energy Corporation (NYSE:CHK) Upgrades/Downgrades Update
Author: 0 Chesapeake Energy Corporation (NYSE:CHK) Upgrades/Downgrades Update

The highest share price NYSE: CHK shares have reached in the prior twelve months is 9.55 with the lowest being 1.5. Dynamic Capital Management Ltd now owns 319,503 shares of the oil and gas exploration company's stock worth $1,438,000 after buying an additional 292,895 shares during the last quarter.

Money Brent crude oil prices dip on prospect of record Saudi output
Author: 0 Brent crude oil prices dip on prospect of record Saudi output

The market seems to be leaning toward higher oil prices. Oil prices have rallied in August, first on a surprise sharp draw in USA gasoline stockpiles on. Riyadh sharply raised expectations for a global production deal between on Thursday when Energy Minister Khalid al-Falih said Saudi Arabia will work with OPEC and non-OPEC members to help stabilise oil markets.

Author: 0 Stocks indexes fall, dollar rises on rate-hike bets

European shares .STOXX fell 0.8 percent on the day and almost 2 percent for the week, their biggest weekly loss since mid-June. "I think we're due for a pause here as we look for greater clarity over the next couple of weeks", said Terry Sandven, chief equity strategist at U.S.

Money Major Update On New Guns N' Roses Film
Author: 0 Major Update On New Guns N' Roses Film

John Varvatos is honoring this event with a pop-up shop at its West Hollywood, CA store, which was promoted on its own channels as well as Guns N' Roses' social accounts. The band's shows at Dodger Stadium will take place on Thursday and Friday (19Aug16). Fans will also have the chance to win concert tickets as well as "Welcome to the Jungle Pit Exprience" packages.

Author: 0 Asia rides Wall Street higher, buoyant crude nears six-week highs

Japan's Nikkei.N225 erased earlier gains to trade 0.1 percent lower , set for a weekly loss of 2.6 percent. "I think we're due for a pause here as we look for greater clarity over the next couple of weeks", said Terry Sandven, chief equity strategist at U.S.

Money Oil explorer Premier returns to the black
Author: 0 Oil explorer Premier returns to the black

Total sales revenue from all operations fell to $393.8 million from $577.0 million previous year, due to the fall in average realised prices and lower volumes of hedged production realised in the period. United Kingdom sales were $53.6m lower year-on-year as the impact of the sustained downturn in the global oil price was felt. However, the company said negotiations with its lending group were ongoing, although it added it expected revised agreements to be in place by the end of this ...

Money Construction completed as Wind Farm enters final phases
Author: 0 Construction completed as Wind Farm enters final phases

Deepwater Wind's five-turbine wind farm off Block Island, Rhode Island, is expected to be operational this fall. Numerous other wind farms are at various other stages of planning on the East Coast, including off the shores of MA and NY. The lift-boats, the LB Caitlin and the LB Paul , delivered the 15 blades and 15 tower sections from the Port of Providence facility to the wind farm site for assembly.

Money Amid flagging sales, Macy's to shutter 100 stores
Author: 0 Amid flagging sales, Macy's to shutter 100 stores

Macy's will give more attention to its "online shopping and mobile apps", and focus its resources on its highest-performing stores. Macys said that sales staff would be offered positions at nearby locations “where possible.” The company did not specify how many employees it would need to lay off, but said that it would offer severance to full-time and part-time workers.

Money Aetna pullout leaves fewer Obamacare options for NC
Author: 0 Aetna pullout leaves fewer Obamacare options for NC

The Hartford, Connecticut-based insurer will sell on exchanges in Delaware, Iowa, Nebraska and Virginia next year. The state Insurance Department says Blue Cross and UnitedHealthcare now cover about 8,500 people in Pinal County. "We see these decisions as an opportunity for CareSource to offer a safety net of quality health care coverage options for the thousands of consumers impacted", said Steve Ringel, president of the OH market for CareSource.

Author: 0 Wal-Mart's 2Q Earnings Beat, Outlook Raised, Shares Jump

That compares with a previous forecast of $4 to $4.30. Wal-Mart Stores makes up approx 0.03% of Highland Capital Management's portfolio. On Monday, the company said it was buying Jet, the year-old online bulk retailer, for $3.3 billion, the largest deal ever for an e-commerce company.

Author: 0 Trump shakes up troubled campaign

Like the news organization he ran until joining the Trump campaign, Bannon is known as a hard-right provocateur who takes a no-holds-barred approach when dealing with political enemies. Stephen Bannon's appointment comes at a time when Trump trails rival Hillary Clinton substantially in the polls in some key battleground states and after a number of controversies.

Money Trump to bring Christie to first formal security briefing
Author: 0 Trump to bring Christie to first formal security briefing

Michael Hayden, former director of the Central Intelligence Agency and NSA, told MSNBC recently. The meeting comes two days after VP Joe Biden said he has never known any party nominee to be "less prepared to deal with our national security than Donald Trump".

Author: 0 New Statistics Show Climbing British Inflation Post-Brexit

The inflation print for manufactured articles read at 1.83% in July, with the rate of price rise in sugar was at 32.33%. WASHINGTON-Consumer prices were flat in July, with falling gasoline costs offsetting modest gains elsewhere, a sign inflation pressures in the economy remain modest.

Money Korean stocks, currency fall on possibility of US rate hike
Author: 0 Korean stocks, currency fall on possibility of US rate hike

Investors will parse the minutes of the meeting for hints about when the Fed could next raise rates, especially in light of New York Fed President William Dudley's hawkish comments on Tuesday. The S&P Retail Select Industry Index, which tracks a basket of retailers including Gap, Finish Line and Dick's Sporting Goods, fell 0.3% in early trading Wednesday.

Money Trump's lawyer asks 'says who' when told Trump is losing
Author: 0 Trump's lawyer asks 'says who' when told Trump is losing

Please, CNN and other news outlets: More Michael Cohen . In Iowa, her lead is a narrower 3 points, 47 percent to 44 percent - within the poll's plus or minus 3.4 percentage points margin of error. Trump ought to understand this. Also, just because something isn't illegal doesn't mean it isn't wrong and bad, so maybe just stick with "he didn't do it" next time, rather then adding a whole thing about how even if he did the law would be powerless to stop him.

Author: 0 Administration OKs new fuel-efficiency standards for trucks

By mandating the rollout of more efficient medium- and heavy-duty vehicles and semi-truck trailers, the rules are expected to cut oil consumption by up to two billion barrels and save vehicle owners about $170 billion in fuel costs, regulators said.

Author: 0 German investor confidence rises but concerns remain

The indicator "has partly recovered from its Brexit shock", said ZEW President Achim Wambach, after the U.K.'s vote in late June to leave the European Union had sent the ZEW's measure of German economic sentiment sharply lower in July. While the outlook for the 19-nation currency bloc jumped 19.3 points to 4.6 points, assessments of Germany's current economic situation rose 7.8 points to a higher-than expected 57.6 points.

Author: 0 Trump, Clinton spar over economic plans in dueling speeches

Faced with Trump's pessimism about the state of the country, she often tries to talk up the state of the economy under a president whose administration she served in for four years. She put out her most recent eight years of tax filings last summer along with her health records. More broadly, Clinton argued Thursday that Trump's economic plan is weighted too heavily toward helping the wealthy and corporations and that it would "balloon the national debt".

Author: 0 Judge to reconsider Colorado clinic shooter's competency

A federal judge on Friday permanently blocked OH from implementing laws that would defund Planned Parenthood by making the agency ineligible for state funding to pay for health care programs for the poor. In most of the 24 states, the cuts haven't taken effect. "Today's ruling supports the rights of all Ohioans to access needed health care". "The state of OH will be appealing this ruling", Lisa Peterson Hackley, a spokeswoman for the OH attorney general Mike DeWine, said.

Money Kenya Olympic official suspended, IOC investigates runner
Author: 0 Kenya Olympic official suspended, IOC investigates runner

Also Friday, a Kenyan 800-meter runner caught up in a separate doping scandal at the Olympics told The Associated Press he has "explained everything" after a coach was in possession of his accreditation and allegedly posed as the athlete at a doping test .

Author: 0 New Russia-Turkey 'axis' challenges the West

Repeatedly calling Putin his "dear friend", Erdogan refrained from mentioning any sticking points after the talks, saying he expects ties to fully blossom again soon. "It is good that after the shooting down of the Russian fighter jet by Turkey past year, there is a rapprochement", he said . " Visa issues should be addressed, because one way or another they relate to economic cooperation ", Putin said.

Author: 0 Valeant's quarterly revenue falls 11 percent

Valeant was called before a USA congressional hearing earlier this year - alongside the infamous Turning Pharmaceuticals' Martin Shkreli - to defend its drug pricing policy. A number of institutional investors have recently made changes to their positions in VRX. However a year ago for the same quarter the company has reported $2.56 earnings per share.

Author: 0 Hillary Clinton releases tax returns, blasts Trump for not doing so

According to their joint return , the Clintons made $10.6 million in 2015 , significantly less than the almost $28 million they made the year before when the former secretary of state was still doing paid speaking engagements. " Donald Trump should release his tax returns", on-screen text reads at the beginning of the video. Clinton released eight years of personal income tax returns in 2015.

Money Khizr Khan: I have exact same rights as Donald Trump
Author: 0 Khizr Khan: I have exact same rights as Donald Trump

On Monday, he tweeted that "Mr. Khan, who does not know me, viciously attacked me from the stage of the DNC and is now all over T.V. doing the same". But Karen Vaughn, whose son Aaron, a Navy SEAL, died in Afghanistan, said she left it feeling that Trump understood where the families were coming from.

Money Alibaba's Revenue Boosted by Mobile Growth and International Sales
Author: 0 Alibaba's Revenue Boosted by Mobile Growth and International Sales

For the first-quarter, net income attributable to ordinary shareholders was RMB 7.55 billion or $1.14 billion, a decrease of 76% from a year ago. The Chinese vendor pointed to a one-time disposal gain from the deconsolidation of Alibaba Pictures as the main reason for the significant decrease in net income.

Author: 0 Weak oil prices pull Wall Street away from record levels

At 10:59 a.m. ET (1459 GMT), the Dow Jones Industrial Average was up 111.01 points, or 0.6 percent, at 18,606.67. After rising steadily until late afternoon trading, the index moved sideways yet again before ending up 184.80 points or 1.10 percent at a more than 2-month high of 16,920.

Money USDA Predicts Record Corn and Soybean Crops
Author: 0 USDA Predicts Record Corn and Soybean Crops

Keep in mind there is less than three weeks to go for the old crop marketing year that ends on August 31, 2016. CBOT September corn fell 1 1/2 cents, or 0.5%, to $3.21 a bushel. Seventy-nine percent of soybeans were setting pods which is one week ahead of normal. Compared to 2.261 billion bushels as reported in the agency's July report , a street estimate for all wheat production in the country showed almost 2.269 billion bushels.

Author: 0 NATO concerned by Russia, Ukraine tensions

The confrontation coincides with a surge in violence in the war in Ukraine's easternmost regions and torpedoed plans to revive talks between Russian Federation and Ukraine in China next month, with Putin reversing earlier support to call negotiations "pointless".

Money Rihanna to earn Michael Jackson video award at MTV VMAs
Author: 0 Rihanna to earn Michael Jackson video award at MTV VMAs

Rihanna is also expected to perform. Rihanna , while just 28, has emerged as one of the most successful musicians of her era. Rihanna has released a string of successful and provocative videos over the course of her career. The singer will also have the opportunity to take home up to four more VMA accolades - she is nominated twice in the Best Collaboration category for her track Work , with rapper Drake, and her appearance on Calvin Harris' new single This Is What You Came For.

Author: 0 Real Madrid vs. Sevilla 2016 live stream

Zidane further emphasized on his squad, "We have a good squad", the manager said. The Europa League holders, who have now lost three Super Cups in succession, do not have much time to dwell on the loss as they play the first leg of the Spanish Supercup against Barcelona on Sunday.

Money Kohl's Corp. (KSS) Issues Quarterly Earnings Results, Beats Expectations By $0.18 EPS
Author: 0 Kohl's Corp. (KSS) Issues Quarterly Earnings Results, Beats Expectations By $0.18 EPS

In Europe, the Stoxx 600 Index ended the day with a 0.8 per cent gain from the previous close, bolstered by better-than-expected earnings including from Belgium's KBC and Switzerland's Zurich Insurance. Adjusted net income advanced 5 percent, to $221 million, or $1.22 per diluted share, from $211 million, or $1.07 per diluted share in the comparable period.

Money Delta Says Small Fire Was Partly to Blame for Computer Failure
Author: 0 Delta Says Small Fire Was Partly to Blame for Computer Failure

Transportation Secretary Anthony Foxx's office said the government was talking to Delta about technical issues surrounding the outage, but gave no specifics. "It doesn't seem really hostile yet", she said. It took a about two days to get all of the airline's systems operating normally, a spokesperson said.

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