Finance

Finance Who is Rajnish Kumar, next chairman of State Bank of India?
Author: 0 Who is Rajnish Kumar, next chairman of State Bank of India?

Mr. Kumar, who will have a three-year tenure, pushed the digitization drive of the bank particularly post the demonetisation exercise which gave its private sector competitors a run for their money. Prior to that, he headed SBI Capital Markets, the merchant banking arm of SBI, in the capacity of managing director and CEO. Bhattacharya was granted a one-year extension in October 2016, to maintain continuity in leadership during the merger.

Finance Las Vegas shooter wired $140000 to Philippines last week
Author: 0 Las Vegas shooter wired $140000 to Philippines last week

Paddock's girlfriend, Marilou Danley, 62, who was in the Philippines at the time of the Sunday night shooting, was met by Federal Bureau of Investigation agents at the Los Angeles airport late Tuesday, according to a law enforcement official who wasn't authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity.

Author: 0 MGM Resorts International (MGM) Short Interest Update

About 113,833 shares traded. About shares traded. First Foundation Inc (NASDAQ:FFWM) has risen 43.47% since October 3, 2016 and is uptrending. It has underperformed by 12.65% the S&P500. SANDERS COREY IAN sold $677,570 worth of MGM Resorts International (NYSE: MGM ) on Monday, May 15. MGM Resorts International was downgraded to "hold" by analysts at Deutsche Bank.

Finance Mylan surges in pre-market trading after MS drug gets FDA approval
Author: 0 Mylan surges in pre-market trading after MS drug gets FDA approval

A spokesperson for Mylan did not comment when asked beyond the drug's FDA approval. Mylan , whose stock was down 14 percent this year as of Tuesday's close, said Tuesday that shipping was imminent for its Glatiramer Acetate 40 mg/mL for 3-times-a-week injection and 20 mg/mL for once-daily injection.

Finance DB scheme closure results in Royal Mail strike vote
Author: 0 DB scheme closure results in Royal Mail strike vote

An improved proposal was made in July but was comprehensively rejected by the CWU, with its deputy general secretary Terry Pullinger (postal) saying at the time that the proposal did not "meet our aspiration of a wage in retirement pension scheme".

Finance Market moves with caution, RBI rate call takes centre-stage
Author: 0 Market moves with caution, RBI rate call takes centre-stage

Investors were optimistic in anticipation of a rate cut by the RBI. The RBI, in its fourth bi-monthly policy review for 2017 -18, kept the repo rate unchanged at 6 percent. Rate-sensitive auto stocks made buyers sit up and take note amid encouraging September sales data. USA equities closed at record highs yesterday, as Wall Street kicked off the fourth quarter on a high note following optimism about a recovery in manufacturing.

Finance Azerbaijan's oil output rises in September
Author: 0 Azerbaijan's oil output rises in September

Futures fell the most in more than three weeks after Saudi Arabia and at least three other OPEC nations pumped more crude last month. Futures fell as much as 3.1 percent in NY to the lowest level in more than a week. USA energy companies added seven oil rigs for the first week and Iraq announced its exports increased slightly in September when OPEC boosted overall output.

Finance RBI begins two-day policy review:Industries,government hope for rate cut
Author: 0 RBI begins two-day policy review:Industries,government hope for rate cut

This step by the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent, RBI said. According to traders, the RBI's decision to keep the interest rate on hold is in sync with investor expectations. Risk sentiment received a boost after eight core sectors grew to a five-month high of 4.9 per cent in August, helped by robust show of coal, natural gas and electricity.

Finance Georgia city will rename itself 'Amazon' if company moves headquarters there
Author: 0 Georgia city will rename itself 'Amazon' if company moves headquarters there

The Amazon jobs are expected to pay an average salary of $100,000. Seattle-based online retail giant Amazon is looking for a second city to house another headquarters. "There are several major USA cities that want Amazon , but none has the branding opportunity we are now offering this visionary company", Stonecrest Mayor Jason Lary told the Atlanta Journal-Constitution.

Finance Tesco is spinning its wheels to get nowhere fast
Author: 0 Tesco is spinning its wheels to get nowhere fast

The U.K.'s biggest grocer by market share made a pretax profit of 562 million pounds ($744.5 million) for the 26 weeks ended August 26, compared with a pretax profit of GBP71 million a year earlier. Sales are up, profits are up, cash generation continues to... "We are continuing to make strong progress", Tesco chief executive Dave Lewis said.

Finance Wife Of SFPD Officer Killed In Las Vegas Massacre
Author: 0 Wife Of SFPD Officer Killed In Las Vegas Massacre

Etcheber leaves behind two children and her husband, Officer Vinnie Etcheber. Orsua reached out to her saying, " Denise, we love you so much, I know you are in heaven right now dancing to a country song, and dancing and smiling at all of us.

Finance Petrol, diesel prices slashed by Rs 2/litre as govt cuts excise duty
Author: 0 Petrol, diesel prices slashed by Rs 2/litre as govt cuts excise duty

Prices eased on Wednesday following the Centre's decision on excise duty, with diesel and petrol retailing at Rs 56.89 in Delhi and Rs 68.38 per litre, respectively. Many state governments have also increased the VATon petrol and diesel in the last one year. The finance ministry had earlier ruled out lowering excise duties on petroleum products, citing pressure on government finances and tight fiscal deficit target.

Finance
Author: 0 "Team Edison" Is Ford's Attempt at Staying Relevant in the EV Market

The former football player is trying to rewrite this reality by focusing on the company's "fitness" and opening up to more partners and potential acquisitions. It's naming the group "Team Edison", seemingly in direct response to Elon Musk's Tesla , which recently surpassed Ford's market capitalization. "What's important is that this team makes sure to create a viable and profitable business".

Finance After Vegas shooting, Congress must finally act
Author: 0 After Vegas shooting, Congress must finally act

He again praised the Las Vegas Metropolitan Police Department. The deadliest mass shooting in modern United States history left 59 killed and over 500 injured. Speaking at the White House, he said he would look at gun laws "as times goes by" but did not elaborate. And I hope that in the coming days, we can come together - Republicans and Democrats - to start talking about, at the very least, some baby steps to show the people of Las Vegas, to show the people of Orlando, to show my ...

Finance European Union to order Amazon to pay millions in back taxes
Author: 0 European Union to order Amazon to pay millions in back taxes

The EU competition authority said in 2014 the Amazon subsidiary paid a tax deductible royalty to a Luxembourg-based limited liability partnership which was not subject to the country's tax regime. At least 35 companies, among them Anheuser-Busch InBev, BP and BASF have been told to pay back taxes of about 700 million euros to Belgium due to their participation in an illegal tax scheme.

Finance Elon Musk proposes travel using SpaceX rockets here on Earth
Author: 0 Elon Musk proposes travel using SpaceX rockets here on Earth

Both the new rocket and spaceship are now theoretical , though Musk did say that he hopes to begin construction on the rocket in the next six to nine months. Musk included routes like Hong Kong to Singapore (1,609 mi / 2,589 km) in 22 minutes, London to Dubai (4,450 miles / 7,163 km) in just 29 minutes, and Los Angeles to Toronto (2,519 miles / 4,055 km) in just 24 minutes.

Finance EPS Forecast Revision Trends: Independence Realty Trust, Inc. (IRT)
Author: 0 EPS Forecast Revision Trends: Independence Realty Trust, Inc. (IRT)

Dodge & Cox bought 3.56M shares as the company's stock declined 17.26% while stock markets rallied. Hightower reported 5,908 shares or 0% of all its holdings. Daiwa Gp Incorporated invested 0% in Independence Realty Trust Inc (NYSE:IRT). Therefore 60% are positive. Mattel Inc. had 40 analyst reports since July 28, 2015 according to SRatingsIntel.

Finance Goldman Sachs Group, Inc. (The) (NYSE:GS) Under Analyst Spotlight
Author: 0 Goldman Sachs Group, Inc. (The) (NYSE:GS) Under Analyst Spotlight

Philadelphia Comm reported 1.33% in Goldman Sachs Group Inc (NYSE:GS). GS's profit would be $1.68B giving it 13.66 P/E if the $4.34 EPS is correct. About 852,889 shares traded. Its up 0.06, from 1.02 in 2017Q1. Recently stock market analysts have updated their consensus ratings on shares of Goldman Sachs Group, Inc. The investment management company reported $3.95 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.39 by $0.56.

Finance Ford's new
Author: 0 Ford's new "Team Edison" is all about electricity

According to retired Ford Vice President of Powertrain Engineering Bob Fascetti, Ford and other automakers could bring electric motor design and production in-house "to an extent", minimizing the extent to which automakers rely upon external suppliers for the electric motors that drive battery-electric and hybrid vehicles .

Finance Brits in Las Vegas urged to declare themselves safe after mass shooting
Author: 0 Brits in Las Vegas urged to declare themselves safe after mass shooting

The FCO said a number of flights have been diverted from Las Vegas McCarran International Airport and passengers should check with their airline before travelling. For Virgin America and JetBlue customers, both airlines announced they are waiving change fees and fare differences for both Monday and Tuesday as long as the passengers are traveling by Saturday and Sunday, respectively.