Business

The AstraZeneca plc (LON:AZN) Rating Reiterated by Shore Capital

The AstraZeneca plc (LON:AZN) Rating Reiterated by Shore Capital

In early morning trade, Anglo American shares rose by over 3%, or 37.5p to 1,232.5p. They expect $-0.06 EPS, up 53.85% or $0.07 from last year's $-0.13 per share. The company's market cap is GBX 35....

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Lyft teams with Taco Bell, offers new free-taco detour option

Lyft teams with Taco Bell, offers new free-taco detour option

Lyft passengers in a "tight region" around the Taco Bell in Newport Beach can try out Taco Mode this Thursday through Sunday, July 27-30, and again next weekend, August 3-6, between 9 p.m. Initia...

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Viacom Pulls Out Of Bidding To Buy Scripps Networks

Viacom Pulls Out Of Bidding To Buy Scripps Networks

Capstone Asset Mgmt reported 19,325 shares. Executives own 2.50% of the firms stock. Price T Rowe Associates Incorporated Md accumulated 0% or 164,180 shares. (NYSEAmerican:SENS)'s Buy count is 1 and ...

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Traces of herbicide found in Ben & Jerry's ice cream

Traces of herbicide found in Ben & Jerry's ice cream

Though the chemicals found in the ice cream are still quite below the unsafe levels set by the Environmental Protection Agency, The New York Times says an adult would have to consume an estimated ...

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Why Blue Apron Holding Inc Stock Sank Today

Why Blue Apron Holding Inc Stock Sank Today

William Blair started coverage on Blue Apron Holdings in a research report on Monday. Barclays PLC's price objective indicates a potential downside of 6.67% from the stock's previous close. The fu...

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Hurricane Hilary (seriously) has just formed off the USA coast

Hurricane Hilary (seriously) has just formed off the USA coast

Irwin has weakened to a tropical storm and is around 955 miles to the west-southwest of the southern tip of Baja California. Hilary was born Saturday night in the eastern tropical Pacific Ocean as a...

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New communications chief says President doesn't believe in Russian meddling

New communications chief says President doesn't believe in Russian meddling

People will say I am being sycophantic - I am not, I am just saying objectively - President Trump is arguably the most media-savvy person in history, but certainly of our times . You have a one i...

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Lloyds takes £1.6bn hit over PPI and mortgage failings

Lloyds takes £1.6bn hit over PPI and mortgage failings

Lloyds bank is set to pay back nearly £300 million ($394m) to around 600,000 customers after making mistakes when collection mortgage payments. The biggest retail bank of United Kingdom, this high ...

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AstraZeneca share price suffers biggest ever drop on drug trial results

AstraZeneca share price suffers biggest ever drop on drug trial results

Jefferies said the readout could make AZ a target for takeover. The medications were pitted against platinum-based standard-of-care, but after much speculation the British-based drugmaker said it h...

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Twitter user growth stalls and revenues dip

Twitter user growth stalls and revenues dip

Vivaldi Capital Management LLC purchased a new position in shares of Twitter during the first quarter valued at $5,873,108,000. After Twitter 2Q 2017 earnings were reported, the company's stoc...

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Axis Bank profit drops 16% in Q1 to Rs 1306 crore

Axis Bank profit drops 16% in Q1 to Rs 1306 crore

Paytm at one time was also touted to be in the race to acquire the mobile wallet company. From business as well as value addition angles, the deal does not make much sense as other banks have been goi...

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RBI stops printing Rs 2000 notes; focus on Rs 500 notes

RBI stops printing Rs 2000 notes; focus on Rs 500 notes

Here is a picture of a Rs. 200 note that is now being circulated on social media platforms. Speculations that Rs.2000 currency notes will be slowly phased out gained momentum after reports that th...

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Samsung second-quarter profit surges to record high on memory chip boom

Samsung second-quarter profit surges to record high on memory chip boom

Despite its highly successful second quarter , Samsung has cautioned investors going into the third quarter that sales might not be so strong as it prepares to release the next smartphone in its Gala...

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Russian Bitcoin Money Laundering Mastermind Arrested over a $4 Billion Fraud

Russian Bitcoin Money Laundering Mastermind Arrested over a $4 Billion Fraud

A recent report by USA Today revealed that the vast majority of bitcoin ransomware is exchanged through BTC-e. Earlier today, Finance Magnates covered the arrest of Mr. Wizsec said its find...

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Amazon enters Singapore with Prime Now launch

Amazon enters Singapore with Prime Now launch

There will be two delivery options for Singapore customers on the Amazon Prime Now app. Orders less than S$40 will cost S$5.99 to deliver, which will be completed within two hours. Alibaba has a sign...

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Ford second quarter beats expectations thanks to F-Series sales

Ford second quarter beats expectations thanks to F-Series sales

Hackett, who had run the company's mobility efforts, is tasked with reshaping the automaker in the face of declining sales across the industry in the US and potential competition from deep-pocketed te...

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USA dollar on the back foot

USA dollar on the back foot

Survey data from the eurozone on Monday will help gauge the strength of the ongoing recovery in the euro area. The dollar was also hit by fresh political turmoil in Washington. On Tuesday, the dol...

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Big oil is learning to live with $50 crude

Big oil is learning to live with $50 crude

EIA forecasts that most of the growth in US crude oil production through the end of 2018 will come from tight rock formations within the Permian region in Texas and from the Federal Gulf of Mexico. Th...

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Tesla CEO Says Mark Zuckerberg's Understanding Of Artificial Intelligence Is Limited

Tesla CEO Says Mark Zuckerberg's Understanding Of Artificial Intelligence Is Limited

Zuckerberg even went on to say that "such people" were acting "pretty irresponsibly". Billionaire Elon Musk , who heads Tesla and SpaceX, responded critically to Facebook's founder Mark Zuckerbe...

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Australia's headline inflation falls to 1.9 pct

Australia's headline inflation falls to 1.9 pct

Underlying inflation - which smooths out volatile price swings and is the central bank's guide to interest rate movements - was equally benign, rising 0.5 per cent in the quarter for 1.8 per cent over...

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Pakistan fuel tanker owners end strike

Pakistan fuel tanker owners end strike

The Ministry of Petroleum and Natural Resources convened the meeting of the representatives of All Pakistan Oil Tankers Association, All Pakistan Carriage Contractors Association, All Marketing Compan...

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Coca-Cola (KO) Surpasses Q2 Earnings Estimate

Coca-Cola (KO) Surpasses Q2 Earnings Estimate

The company reported $0.43 EPS for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.01. Looking back over the last month, shares have performed -0.51%. Norges Bank now owns 1,690,127 ...

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United Kingdom government to crack down on leasehold housing scandal

United Kingdom government to crack down on leasehold housing scandal

Last November it emerged that some property developers had been selling new-build houses on a leasehold basis with very expensive ground rents. When owners try to buy the leasehold they are quoted hug...

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ITV revenue as expected in H1, targets unchanged

ITV revenue as expected in H1, targets unchanged

TV network and broadcaster ITV PLC on Wednesday reported lower profit and revenue in the first half of 2017, which the company blamed on "political uncertainty" in the United Kingdom and a tough com...

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United Kingdom sees 'notable slowdown' in growth as Brexit risk hits spending

United Kingdom sees 'notable slowdown' in growth as Brexit risk hits spending

Sterling was up by nearly 0.2 per cent against the euro to push above 1.12 before it fell back to 1.199, and remained flat against the U.S. dollar at 1.3023, as it was confirmed the United Kingdom ec...

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Watch sizzling Sunny Leone-Emraan Hashmi in song 'Piya More'

Watch sizzling Sunny Leone-Emraan Hashmi in song 'Piya More'

The duo also indulged in banter on Twitter yesterday, when Sunny coyly responded to Hashmi's: "Sharam Aur Main Toh Ek Sentence Mein Nahi Aate". The trailer of Baadshaho , which has an ensemble cast...

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Tigerair, Scoot To serve as one

Tigerair, Scoot To serve as one

Scoot will also take over two routes from sister carrier SilkAir for Malaysia and Indonesia, as parent Singapore Airlines undertakes a wide-ranging review to slash costs and improve efficiency after...

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AK Steel Holding Corporation (NYSE:AKS), Synchrony Financial (NYSE:SYF)

AK Steel Holding Corporation (NYSE:AKS), Synchrony Financial (NYSE:SYF)

The dividend payment was $0.050 per share for the quarter which is $0.20 annualized. ILLEGAL ACTIVITY WARNING: "United States Steel Corporation (NYSE: X) Stock Rating Reaffirmed by Jefferies Group ...

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UK To Ban Petrol And Diesel Vehicles Sales From 2040

UK To Ban Petrol And Diesel Vehicles Sales From 2040

Mr Gove is expected to warn local authorities against "unfairly penalising" drivers by imposing pollution taxes and other restrictions on diesel drivers. Details around a scrappage scheme were expecte...

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Trump weighs replacing Fed Chair Yellen with ex-Goldman exec

Trump weighs replacing Fed Chair Yellen with ex-Goldman exec

Yellen's term at the head of the Fed ends February 3. Last Friday shares of Honeywell rose, closing 1 percent higher, after the company upgraded its profit forecast. The current bull market has run ...

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