Finance

Author: 0 Nab to cut 4000 jobs after $6.6bn profit

NAB reported a 2.5% rise in its annual cash profit after tax of A$6.64bn, thanks to growth in business and domestic lending and stronger markets. "And as we simplify, we automate processes and things move to digital channels, we will need less people and as that happens we estimate that there will be 6,000 less people needed in three years' time", he said.

Author: 0 Ex-Trump campaign adviser pleads guilty to making false statement

A personal lawyer for President Donald Trump says the president is not planning to fire Robert Mueller , the special counsel in the Russian Federation probe. The Trump campaign asked Clovis to put together a national security advisory committee, according to an emailed statement from law firm diGenova & Toensing, which is representing Clovis.

Finance Indian Government issues draft norms for drones
Author: 0 Indian Government issues draft norms for drones

DGCA has stipulated five categories of drones on the basis of their maximum take-off weight. Unmanned Aerial Systems (UAS), commonly known as drones will now have unique identification numbers according to the final draft prepared by Directorate General of Civil Aviation (DGCA).

Author: 0 Revenue Estimates Analysis Kinross Gold Corporation (KGC)

Checking in on some other ratios, the company has a Price to Cash Flow ratio of 16.404078, and a current Price to Earnings ratio of -46.864255. That puts the market capitalization at $4.99 bln. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 44. The lower the ERP5 rank, the more undervalued a company is thought to be.

Finance Trade board urges tariffs, restrictions on solar imports
Author: 0 Trade board urges tariffs, restrictions on solar imports

Therefore, the U.S. International Trade Commission turned to Trump administration to impose as much as 35% solar tariffs. The four commissioners (two together, the two others individually) proposed three different remedies, involving quotas and tariffs.

Finance Facebook quarterly profit leaps 79% to US$4.7b
Author: 0 Facebook quarterly profit leaps 79% to US$4.7b

Analysts expected $1.28 per share. Facebook generated $10.33 billion in revenue during its third quarter, compared to $7 billion during the same quarter previous year. During a Senate Intelligence committee hearing, the Silicon Valley company said 146 million people saw Russian posts on Facebook and Instagram, far more than previously disclosed.

Author: 0 Diplomat Selected to Dispense CALQUENCE® for Previously-Treated Mantle Cell Lymphoma

Wang, MD, of the University of Texas MD Anderson Cancer Center in Houston and principal investigator of the ACE-LY-004 MCL trial, in a press release . In non-clinical studies, Calquence inhibited BTK-mediated activation of downstream signaling proteins CD86 and CD69 and inhibited malignant B-cell proliferation and survival.

Finance US Private Sector Employment Climbs More Than Expected In October
Author: 0 US Private Sector Employment Climbs More Than Expected In October

The two hurricanes wreaked havoc in Texas and Florida over a two-week period beginning in late August, although the damage in Florida was less severe than feared. The ADP report covers 411,000 firms and 24 million workers and as used as a signal on the overall labour market, even while it does not always track the official data closely, since they use different data.

Author: 0 GAM Holding AG Decreases Stake in Wal-Mart Stores, Inc. (WMT)

BidaskClub upgraded Wal-Mart Stores from a "hold" rating to a "buy" rating in a research report on Monday, July 31st. (The) set a $84.00 target price on Wal-Mart Stores and gave the company a "buy" rating in a research note on Wednesday, July 26th.

Author: 0 Fed calls United States economy 'solid,' December rate hike still on track

On Wednesday, Trump said Chair Janet Yellen, whose first term ends in February, was "excellent", but didn't say that he would reappoint her. With about two-thirds having reported, S&P 500 companies are on track to have earnings growth of 7 percent for the third quarter, up from 5.9 percent growth expected at the start of October, according to Thomson Reuters I/B/E/S.

Finance Estee Lauder shares hit record high on millennial boost
Author: 0 Estee Lauder shares hit record high on millennial boost

EL has been the topic of several recent research reports. Short traders are more bearish on shares of Estee Lauder Companies, Inc . The next payable dividend for Estee Lauder Companies, Inc .is scheduled for 12/15/2017. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink . The stock's Average True Range (ATR) is 1.41.

Finance Shares of Maruti Suzuki dip after October Sales below estimates
Author: 0 Shares of Maruti Suzuki dip after October Sales below estimates

The auto market leader sent 1,35,128 vehicles to dealerships in the past month, registering a 9.3% increase from a year earlier with the Baleno and Vitara Brezza remaining hot sellers. The Innova Crysta, Fortuner, Etios and Land Cruiser are the models which are impacted by the cess hikes. N. Raja, director and senior vice president (sales & marketing) at TKM added, "There is a spurt in the customer demand".

Finance Couple ticketed for performing sex acts on Delta flight to Detroit
Author: 0 Couple ticketed for performing sex acts on Delta flight to Detroit

Officials say they had met only a short while earlier on the plane. According to a report from WDIV-TV in Detroit , the woman proceeded to perform oral sex on the male while they were in their seats. Both people were issued citations, and the investigation was handed over to the FBI. Neither has been named but the pair are both now facing charges from the Federal Bureau of Investigation.

Author: 0 Oil Prices above $60: What It Means for Offshore Drilling

The United States West Texas Intermediate crude was seven cents or 0.1 per cent higher at $54.21, still near its highest since February and close to its highest for more than two years. Prices would undoubtedly collapse", said Matt Stanley, a fuel broker at Freight Investor Services.Another factor will be U.S. output, which has risen by nearly 13 percent since mid-2016 to 9.5 million bpd."US crude oil production is 410,000 bpd below the April 2015 peak of 9.62 million bpd.

Finance South Africa's unemployment rate steady at 27.7 percent
Author: 0 South Africa's unemployment rate steady at 27.7 percent

National Party leader Bill English, who until last week was prime minister, says the figures reflect strong business confidence in the economic plan that's been followed for the last nine years. In its quarterly labour force survey, Statistics South Africa said the absolute number of unemployed rose slightly to 6.2 million in the three months to end September from 6.177 million in the second quarter.

Author: 0 Hair-Raising Facts to Know - JPMorgan Chase & Co. (NYSE: JPM)

About 8.65 million shares traded. J P Morgan Chase & Co (NYSE: JPM ) last posted its quarterly earnings results on Thursday, October 12th. It has outperformed by 17.04% the S&P500. (The) reaffirmed a "neutral" rating and issued a $93.00 target price on shares of J P Morgan Chase & Co in a report on Thursday, July 6th. As per Monday, June 12, the company rating was maintained by Oppenheimer.