Finance

Finance Sensex, Nifty open lower, ITC, Asian Paints, Axis Bank among biggest losers
Author: 0 Sensex, Nifty open lower, ITC, Asian Paints, Axis Bank among biggest losers

The benchmark BSE Sensex tumbled 223.98 points or 0.73 percent to 30,434.79, while the broader Nifty index fell by 96.30 points or 1.01 percent to 9,429.45. Major losers were ITC Ltd, Dr Reddy's, Wipro, Sun Pharma, Hindustan Unilever , GAIL, SBI, Adani Ports, Infosys, Maruti Suzuki and Reliance Industries, falling by up to 1.22 per cent.

Author: 0 Deutsche reiterated Compass Group (LON:CPG) as 'Hold'

About shares traded. LyondellBasell Industries NV (NYSE:LYB) has risen 0.79% since October 5, 2016 and is uptrending. It has outperformed by 32.46% the S&P500. Compass Group (LON:CPG) had its stock rating reiterated as "Hold" in a report released by analysts at Numis Securities. Therefore 48% are positive.

Finance Initial Jobless Claims Fell Slightly in April
Author: 0 Initial Jobless Claims Fell Slightly in April

Total private employment, which excludes government agencies, climbed 194,000, following a 77,000 advance in March. Average hourly earnings rose seven cents, or 0.3 per cent, last month, partly because of a calendar quirk. Construction added only 5,000 jobs while factories hired 6,000. The health care and social assistance, financial activities, and mining sectors also saw notable job growth during the month.

Finance 1st large Chinese-made passenger jet takes its maiden flight
Author: 0 1st large Chinese-made passenger jet takes its maiden flight

The first flight was supposed to take place past year, but was delayed until now. The C919 can seat 168 passengers and has a range of 5,555 kilometres (3,444 miles). China has dreamt of building its own civil aircraft since the 1970s, when it began work on the narrow-body Y-10, which was eventually deemed unviable and never entered service.

Author: 0 Ford plans job cuts to boost profits

A person briefed on the plan said Ford plans to offer generous early retirement incentives to reduce its salaried headcount by October 1, but does not plan cuts to its hourly workforce or its production. Ford believes it will meet its targets by voluntary means, spokesman Mike Moran said Wednesday. Analysts say Ford has failed to respond effectively to dramatic shifts, notably the boom in light truck sales; utility vehicles and pickups now account for almost two-thirds of the American new ...

Finance Australian tax official charged in $123 million fraud probe
Author: 0 Australian tax official charged in $123 million fraud probe

Nine Network's Finance Editor Ross Greenwood breaks down the alleged scam in the video above . Police do not believe he had knowledge of the fraud, but allege he acted improperly at the request of his son Adam Cranston, who has been charged with criminal conspiracy.

Author: 0 Macquarie Issues Price Target With 26% Upside On BHP Billiton PLC

The stock rose 1.85% or $0.56 reaching $30.89. About 534,552 shares traded. The company was for decades known simply by its acronym, although only changed its name formally to BHP Ltd. The firm has "Buy" rating given on Thursday, November 10 by Jefferies. On Tuesday, May 17 the stock rating was maintained by Macquarie Research with "Underperform".

Author: 0 Trump says 'fast decision' possible on new Federal Bureau of Investigation director

The New York Times said Comey told associates he declined to make a pledge of loyalty to Trump when the president requested it while they dined just seven days after his inauguration. "I would find that very inconsistent with what I know of Jim Comey", Clapper told MSNBC, adding it would have been "out of character for him to ask to stay on".

Finance Oil down as market stays well supplied despite OPEC cuts
Author: 0 Oil down as market stays well supplied despite OPEC cuts

In its latest monthly report, the International Energy Agency believes the oil market has achieved a rebalance that will accelerate in the near term - however, it adds that because global stockpiles are so voluminous, even a vigorous decline driven by the Organization of the Petroleum Exporting Countries (OPEC) cutback initiative means that they won't reach the five year average until the end of this year and possibly the next.

Finance 'Shadow Brokers' threaten to release more hacking tools in June
Author: 0 'Shadow Brokers' threaten to release more hacking tools in June

This EternalBlue vulnerability was actually first discovered by the USA security agency NSA , but the agency's hacking arsenal was stolen by the Shadow Brokers, and now the hacker group responsible for this theft has written a blogpost . RiskSense has been tracking the Shadow Brokers since last August, when it released a zero-day exploit "Extra Bacon" for Cisco ASA firewalls that potentially allowed attackers to access internal networks.

Finance Activists say Kurdish-led forces advance on IS-held Raqqa
Author: 0 Activists say Kurdish-led forces advance on IS-held Raqqa

Trump, in arming the Kurds, may be taking the short way to victory over Islamic State, but this nation's long-term interests require good relations with Turkey. "The priority of the worldwide coalition against Daesh is to permanently defeat the terrorist organization in Syria and Iraq", the government said in an official statement.

Finance Philippines declines EU aid after securing billions from China
Author: 0 Philippines declines EU aid after securing billions from China

Nearly 9,000 people, many small-time users and dealers, have been killed in the Philippines since Duterte took office on June 30. In 2015, European Union had more than doubled its grant assistance to the Philippines to 325 million euros (P17 billion) for 2014-2020, channeling "a more than proportional amount" of it to Mindanao as part of the bloc's contribution to the peace process.

Finance Man Removed From Flight After Threatening Crew, Attempting To Open Cabin Door
Author: 0 Man Removed From Flight After Threatening Crew, Attempting To Open Cabin Door

The Canadian man was aboard a non-stop flight from Jamaica to Toronto Monday that wound up landing in Florida around 8 p.m. Investigators said Courneyea yelled at passengers for "looking at him". "There's a lot more to what brought that on, because my husband is the kindest, most loving man you'll ever meet". "There were people crying", the elected official said.

Finance Biz Stone is about to get busy at Twitter ... again
Author: 0 Biz Stone is about to get busy at Twitter ... again

Stone left Twitter in 2011 to focus on his startup Jelly , which he has now sold on to Pinterest . He'll remain an adviser to Pinterest's product chief, Evan Sharp, Pinterest said in a statement. Twitter shares climbed 2.8% to $19.76 at 1:49 p.m.in NY. That's an immediate boost to Stone's own net worth. But the company has failed to live up to early expectations, while Facebook and other social networks have been growing at a faster pace.

Finance Waymo Wins: Judge Orders Uber To Return Stolen Files
Author: 0 Waymo Wins: Judge Orders Uber To Return Stolen Files

The announcement of its agreement with Lyft on Monday preceded a judge's announcement later in the morning that Uber could continue its work on autonomous vehicle tech-as long as lead engineer Anthony Levandowski doesn't participate in the efforts.

Finance Tata Steel says nears UK pension scheme deal
Author: 0 Tata Steel says nears UK pension scheme deal

The restructuring will take the form of a regulated apportionment arrangement (RAA), an option the BSPS trustee board has been advocating since Tata Steel first sought to cut its pension costs. A PPF spokesman said: "We can confirm that the key commercial terms of an RAA have been agreed in respect of the British Steel Pension Scheme and anticipate discussions concluding in the near future".

Author: 0 Stock Price Analysis of The Home Depot, Inc. (HD)

AlphaOne also assigned news stories about the home improvement retailer an impact score of 79 out of 100, meaning that recent press coverage is likely to have an effect on the company's share price in the immediate future. Following this scale, a 1 would signify a Strong Buy while a 5 would represent a Strong Sell. This is an increase of 117% compared to the typical volume of 5,621 put options.

Author: 0 BT Group plc (BT) Given "Neutral" Rating at Macquarie

Lyondellbasell now has $33.24 billion valuation. Shares of BT Group plc closed the previous trading session at 19.97 up +0.47 2.41% with 1,119,476 shares trading hands. The company has market cap of 66.18 million GBP. It operates through three segments: Support Services, Construction and Equipment Services. It has a 23.91 P/E ratio.

Finance US Housing Starts Fell in April for Third Time in Four Months
Author: 0 US Housing Starts Fell in April for Third Time in Four Months

The seasonally adjusted rate of new building permits also declined in April to 1.229 million, down 2.5% from the upwardly revised March rate of 1.260 million and up 5.7% from the April 2016 rate of 1.077 million. Housing activity increased in two out of the four regions as the Midwest and West saw housing starts increase 1.0% and 8.7%, respectively. They fell 3.4 percent in the South and tumbled 29.2 percent in the Northeast to their lowest level since June 2015.