Markets

Sensex, Nifty edge up; IT stocks jump

Infosys, HDFC, and Vedanta were the top gainers on both indices, while Bajaj Auto , HUL, Power Grid and Zee Entertainment lost the most. Market closed marginally higher amidst volatile trade. Hong Kong's Hang Seng Index slipped 0.30 percent by 3:09 p.m. HK/SIN as earnings reporting season continued. Mid- and small-cap indices closed mixed.

Pound plummets against major currencies on United Kingdom inflation data

Yesterday's United Kingdom consumer price index data disappointed markets, after showing price growth hold steady on the year for both the overall and core variants. The USD was also helped by comments from New York Fed President William Dudley who said that he would "be in favour of doing another rate hike later this year" if the economy holds up.

Dick's Sporting Goods Inc (DKS) Saw a 52-Week High

They presently have a $27.00 target price on the sporting goods retailer's stock. (NYSE:DDR). At the time of writing, the First Call consensus price target for the company is $11.64. Ratings analysis reveals 62% of Dick's Sporting Goods Inc .'s analysts are positive. TRADEMARK VIOLATION NOTICE: "Canaccord Genuity Lowers Dick's Sporting Goods Inc ( DKS ) to Hold" was originally reported by StockNewsTimes and is owned by of StockNewsTimes.

United States retail saleshit seven-month high in July

Furniture and home furnishings stores outperformed the broader retail sector with a 5.6% jump in sales over the same month a year ago, according to the latest government report. Sales strengthened in other categories as well. In the first half of 2017, retail sales in Brazil decreased 0.1% on year. Americans increased spending last month on most goods except for clothes and gasoline.

Chicago to file lawsuit over sanctuary cities threat

Justice Department published the application for the 2017 Byrne grants, and, unlike previous applications, this year's iteration requires cities to choose between strengthening our police department and the rights of Chicago's residents as a welcoming city ", Emanuel said in a statement .

Aussie dollar turns villain for RBA as transition under threat

Mr Farnham said the RBA was unlikely to raise rates this year, and the possibility of a further cut could not be dismissed. "With the Australian dollar having rallied by 4¢ against the USA dollar since the last board meeting, the central bank could easily have shifted to more aggressively jawboning the currency if they were worried ".

US Navy warning shot in Gulf was 'unprofessional,' Iran says

US Navy ships left the area following the encounter. The confrontation occurred just three days after a similar face-off involving the USS Thunderbolt. The new U.S. legislation imposes mandatory penalties on people involved in Iran's ballistic missile program and anyone who does business with them.

Tesla 3 to hit the road in automotive milestone

Despite the slimmed-down feature set, the Model 3 still has Tesla's distinct stylings. A 4-year/50,000-mile limited warranty is offered on the vehicle , while an 8-year/100,000-mile warranty is offered on the battery (Long Range battery gets 120,000 miles).

Starbucks to close all Teavana stores, including location in White Oaks Mall

It was nearly five years ago that Starbucks paid $620 million to acquire mall tea chain Teavana , politely declining the $800 million tea tin upsell. Most locations will be shut down by next spring, CNN reported . Starbucks acquired the mall-based chain in late 2012, with then-CEO Howard Schultz noting the huge potential for the tea market.

Twitter Shares Plummet After It Reports No Usage Growth In Q2

Bloomberg reported that shares in the USA firm declined more than 9% in early trading, despite its quarterly revenue topping analysts' projections. Looking ahead , Twitter forecast Q3 adjusted EBITDA of $130 million to $150 million, and adjusted EBITDA margins between 25% and 26%. Using the new method, revenues, at $574 million, fell 5% vs the period previous year - but compared to expectations for $536.7 million.

Investment Analysts' Recent Ratings Updates for GVC Holdings PLC (GVC)

Pennantpark Floating Rate Capita (NASDAQ:PFLT) had a decrease of 10.36% in short interest. PGR's SI was 4.93 million shares in July as released by FINRA. The company was maintained on Thursday, January 19 by Credit Suisse. Among 15 analysts covering Beazley PLC ( LON:BEZ ), 8 have Buy rating, 2 Sell and 5 Hold.

Mob sets banks ablaze as policeman 'kills' tanker driver

According to reports, the mob also set a Sterling Bank branch on Wharf Road ablaze. Members of staff of the banks had to scale the fence to other buildings to make their escape. But a trader on Creek Road who gave his name as Moyosore Ola, said "the banks were set on fire by tanker drivers". Some other policemen attached to Sterling bank refused to hand him over to the angry truckers, that was why Sterling bank was burnt along with Diamond bank.

BBC Forced to Disclose Stars' Salaries, Revealing Huge Gender Gap

So, for example, we don't know how much Benedict Cumberbatch makes for playing Sherlock Holmes. The full list will be updated shortly. Then Hall pivoted, touting the BBC's dedication to parity in representation as well as pay. Well, according to the latest judicial earnings figures published by the Ministry of Justice, our Lord Chief Justice (Lord Thomas of Cwmgiedd) earns £252,079 a year.

BHP's Gas Production Falls by 10%

Among 2 analysts covering BHP Billiton (NYSE: BBL ), 1 have Buy rating, 0 Sell and 1 Hold. Finally, Citigroup Inc. reissued a "buy" rating on shares of BHP Billiton PLC in a report on Tuesday, April 11th. The correct version of this story can be read at https://www.themarketsdaily.com/2017/07/18/main-street-research-llc-has-8-81-million-stake-in-bhp-billiton-limited-bhp.html.

Audi advert comparing used cars to brides misfires in China

The proceedings on screen go to the ridiculously over-the-top extent of the old lady examining the bride's face, nose, ears, tongue and teeth before giving her son the green light. "Most corporations do not have the concept of gender equality and neither do Chinese regulators", Li Maizi, a feminist activist, told CNN . "If this ad compared a guy to a second hand vehicle, people would undoubtedly say its amusing and creative", she added.

Govt brings forward rise in state pension age

However, the proposals must be approved by Parliament before they are agreed - and this won't happen until the next government state pension age review in 2023. The Government added in a press release that "those affected by this proposed timetable will on average still receive more state pension over their lifetime than generations before them".

The Beyhive Isn't Thrilled With This Beyonce Wax Figure

Kylie's new waxwork was unveiled as she gears up for the release of her reality show, Life Of Kylie , which premieres on E! from August 6 in the US. "It's me! This is insane!" she gushed when the curtains lifted. Jenner is not the first member of her family to be immortalized with a figure at the museum. "To have my own wax figure is a surreal milestone and I can not thank my fans enough for helping me get here".

Cowboys WR says his dog was stolen for ransom money

In hopes of helping Whitehead find his dog, here are a bunch of cute pictures from Blitz's Instagram . While he was away, a close friend was watching his house and his XL Bully puppy, Blitz. Early Tuesday morning, Whitehead apparently got his dog back. To make matters even worse, the dog thieves aren't done there. All oddities aside, the guy just wants his dog Blitz back and for any dog owners out there, you know the feeling of being without your best canine companion.

Trump Administration Announces New Iran Sanctions Targeting IRGC

The new sanctions are not nuclear-related and do not violate the nuclear agreement with Iran, Free Beacon reported citing a U.S. official. The sanctions also target what the US says is a transnational criminal group based in Iran and three people associated with it.

Alfredo Angelo Bridal stores closing nationwide; including Oklahoma locations

Founded in 1933, the Florida-based bridal chain is one of the largest wedding dress manufactures in the world, selling gowns at more than 1,400 retailers in the USA and worldwide. "Panic, complete and utter disarray", said Julie Jones, one expectant bride who ordered several gowns from the store. She told four in your corner she bought a dress for her son's wedding, but the store couldn't find it.

July 13 is National French Fry Day

This deal is available at select locations. BurgerFi will offer an order of free regular fries with any burger or hot dog purchase. Dairy Queen: A small order of fries cost $1 on Thursday. drink, and wedge fries for only $6.99 with the coupon code HG699. The J.R. Simplot Co.is inviting the public to its "Free Fry Day" today from 4-7 p.m.at JUMP, which stands for "Jack's Urban Meeting Place", along 9 Street in downtown Boise.

Sara Duterte-Carpio says martial law extension will not be a problem

The expected meeting will come five days before the 60-day imposition of martial law expires and ahead of Duterte's second State of the Nation Address (SONA) on July 24, when Congress opens its second regular session. The death toll has breached the 500 mark, with 39 civilians killed, 379 terrorists killed, and 89 government troops killed in action. Padilla said the government is ready to start the early stage of rehabilitation of the besieged city.

What? Where? When? Updates T20 Cricket Match: India vs West Indies 2017

Preview :After winning the five-match ODI series 3-1, India will certainly have an upperhand despite the presence of Gayle, who can single-handedly swing fortunes especially in the shortest format. I gave an incentive that whoever gets a fifty gets half my match fee. We talked about wrestling back the momentum. When will the India vs West Indies 2017, T20, India vs West Indies cricket game be played? "We wanted to put smiles on the faces of the fans".

Samsung overtakes Intel as biggest memory chip maker

This represents a massive 72% YoY growth over Q2 2016 when Samsung posted 8.14 trillion Korean won ($7 billion) in profits. Benefitting from both a rise in demand and price for semiconductors and smartphone memory chips, many industry analysts now believe Samsung could outdo Intel in terms of sales in 2017.

United Kingdom manufacturing output falls in May

Sterling dipped below $1.29 after Friday's data and hit its lowest level since June 28. "It's all building up a pattern here that says the economy is clearly losing momentum", said Peter Dixon, economist at Commerzbank. Rate-setter Michael Saunders said this week he was "reasonably confident" improving exports and investment would more or less compensate for the consumer slowdown.

Tesla shares drop as investors are concerned about Overproduction

Vetr now has $361.37 target price on the electric vehicle producer's stock. Seven analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have given a buy rating to the stock. When Tesla released its delivery and production numbers on Monday, the company noted that production totaled 25,708 vehicles. Tesla said Thursday that the carmaker's rating for the small overlap front crash test was the second-highest rating available and that the ...

KL-bound AirAsia X flight diverted to Brisbane

Despite the rough ride, all 345 passengers and 14 crew were uninjured. According to ABC News, the incident occurred shortly after the Kuala Lumpur-bound flight took off from the Gold Coast about 10:20pm, with the plane flying for another hour before landing safely in Brisbane .

German parliament to vote on same-sex marriage this week

Ross' comments included renewed criticism of Germany's trade surplus with the US, which President Donald Trump has used repeatedly to pillory Europe's biggest economy. "We, as major trading partners of each other, should have a free-trade agreement", he said. Merkel and others have tried to explain that Germany is part of the European Union and therefore can't trade individually with the US - it's the whole bloc, or no one.

Sony to start making records again 30 years after abandoning vinyl

Sony stopped its in-house vinyl production in 1989, relying on outsourcing to focus on CD production instead. After vinyl died out 30 years ago, most of the industry's printing machines were dismantled - and now, the last presses left standing can't meet the demand.

US Banks pass annual Fed stress tests

The Fed said on Wednesday that all of the 34 banks had passed the second, tougher part of its annual stress test, showing that many have not only built up adequate capital buffers, but improved risk management procedures as well. That in turn hurt sectors such as utilities, which suffer as growing expectations of rate hikes make their constant dividend flows less attractive.

Trump Calls For Removal Of Barriers For US Exports To India

Regarding Trump's "Make America great Again" campaign slogan, Modi stressed that his agenda for India was different, but added that the convergence of the U.S. "It is important that barriers be removed to the export of USA goods into your markets and that we reduce our trade deficit with your country", Trump said.

Dead After Shooting At UPS Facility In San Francisco

The shooter opened fire at the UPS building at 17th and Utah Streets at around 8:55 a.m. Chaplin said he could not confirm that all three fatalities were UPS workers because there were other people in the building at the time of the incident.

Off-duty cop tackles airline passenger opening emergency exit

Photo courtesy of Cleveland ISD Police Department. One of the passengers told KHOU a fellow passenger was acting unusual before she even boarded the plane at LAX Sunday morning. "She had no choice but to identify herself as a law enforcement officer and take immediate action", he said. "If she hadn't acted so quickly, things could have gone very differently".

Officer in shooting: 'I don't have a taser'

Monika Williams emphasized that Lyle was not very tall and there was no reason for her to be shot, adding that officers could have just tased her. An unidentified officer yells "get back, get back", and then shots ring out. "Get back!" and shots were fired. On the audio recording the officers are heard discussed a "safety caution" about the address stemming from the previous incident.

Uber adds option to tip drivers as it heads in new direction

Lyft recently said it had paid out more than $250m in tips to its drivers. Uber cofounder and chairman Garrett Camp spoke out about the company's recent scandals, and its contentious relationship with drivers, on Tuesday. While building the world's biggest ride-hailing service over the past eight years, Uber also developed a reputation for cutthroat tactics that have occasionally outraged government regulators, its drivers, its riders and even its own employees.

Amazon Said to Plan Cuts to Shed Whole Foods' Pricey Image

The announcement of Amazon's largest acquisition yet sent stock prices for major grocery chains tanking Friday morning. Moody's lead retail analyst Charlie O'Shea said the deal could be "transformative, not just for food retail, but for retail in general".

Doctor says Otto Warmbier has brain damage

Warmbier said Trump was "very candid" during the call and told him Secretary of State Rex Tillerson and other US officials worked hard to negotiate Otto Warmbier's release . FILE - In this February 20, 2016, file photo, North Korean children attend a ski class at the Masik Pass Ski Resort in Wonsan, North Korea. After the Swedes visited one detainee, North Korea representatives sought another meeting with Yun, and it was at that June 6 meeting in NY that North Korea's United Nations ...

Iran oil production back around pre-sanction level: BP

The price of a barrel of oil fell further to $47.12 on Wednesday after new data from the American Petroleum Institute showed United States crude stocks had risen 2.8m barrels in the week to 9 June. "Crude oil is still struggling to rebound", said Olivier Jakob, strategist at Petromatrix, adding that Opec's gradual approach to rebalancing was giving U.S.

Trump Offers 'Support' To May After Polls Setback

May had called the snap vote in April to strengthen her mandate ahead of negotiations with the European Union to quit the bloc. On the one hand, a weakened Conservative prime minister might not have the power to resist calls from some within the party who want that clean break, even if that means losing privileged access to the European Union single market.

Oil Slides as US Climate Withdrawal Compounds Glut Concerns

Guidance from publicly-listed shale producers for 2017 points to a 60% year-on-year increase in capital expenditure and an 18% year-on-year rise in production, according to a PIRA report. Should this consensus prove to be correct then it will provide considerable support for the Oil bears and will likely damage the CAD and NOK further despite some solid data releases.

Hawaii Becomes First US State To Adopt Goals in Paris Climate Accord

A recently published study has concluded that climate change will bring nothing short of ruin to the islands, destroying tourism nearly entirely and killing off the native wildlife . Science is clear that we have a limited window to reduce emissions before impacts become irreversible. "We are increasing investments in renewable energy and energy efficiency".

Student holds own graduation ceremony on stalled subway vehicle

Alcantara, a nursing school graduate, said he left his home extra early - 8 a.m. - for the 10 a.m. ceremony. It soon became clear that Jerich, decked out in his full academic regalia, wasn't going to make it to the ceremony in time, and that's when his friends, family, and fellow commuters stepped in to help.

Canada manufacturing growth cools modestly in May

As the bloc's economic performance improves, the European Central Bank is likely to signal a move away from its ultra-easy monetary policy by September, economists in a Reuters poll forecast last month. That was less than economists' forecast of 50.1 and extends a streak of declines to three months. Investec Ireland chief economist Philip O'Sullivan said the Irish economy appeared to be enjoying the benefit of an improving worldwide backdrop, with his bank forecasting the world economy ...

Canada FM says Canada must do more as US leadership wanes

In a major address to the House of Commons in Ottawa , Freeland pressed the need for Canada to build up its military because she said America wanted to "shrug off the burden of world leadership". Freeland also pledged that the Liberal government will boost investments in the military "to not only redress years of neglect and underfunding, but also to place the Canadian Armed Forces on a new footing-with the equipment, training, resources and consistent, predictable financing".

Top US Diplomat in China Quits Over Trump Climate Policy

Rank assumed the position of Deputy Chief of Mission at the US Embassy Beijing in January 2016. Veteran China reporter John Pomfret tweeted the news yesterday, citing unnamed sources which said that Rank "couldn't back Trump on climate" and had found himself unable to deliver a formal notification to the Chinese government regarding the USA withdrawal from the worldwide accord.

Australia's Central Bank Leaves Interest Rates Unchanged

With economists forecasting a sharp collapse in first-quarter economic growth figures due out on Wednesday, Mr Morrison moved to pre-empt the bad news, saying it had already been factored into last month's federal budget. Wide variations in the housing market have also contributed to uncertainty in the economy. CoreLogic has reported only one month of negative dwelling value movements, albeit during the seasonally weak month of May.

$3.8 billion Dakota Access oil pipeline begins service

The oil will flow from the Bakken/Three Forks production areas in North Dakota to a storage and terminal hub outside Patoka, IL and/or down to additional terminals in Nederland, TX, the firm said. The 1,172-mile (1,885-km) pipeline will carry Bakken crude from North Dakota through the Midwest, which will then be transported through a connecting pipe to the U.S.

Warriors' Steve Kerr returns to the bench to coach Game 2

Coach Steve Kerr had hoped to be on the bench for Games 1, but opted to stay in the locker room as he continues to recover from difficulties from his back surgery nearly two years ago. Two teams that believe they can improve on their opening performance hook up against Sunday in Game 2 of the NBA Finals . I think the Cavs on Sunday will make a pointed emphasis to not letting him get so many easy attempts around the rim.

Drugmaker rejects lawsuit over opiate sales

Ohio's attorney general said the state is suing five drugmakers, alleging they fueled the opioid crisis by misrepresenting the addictive risks of their painkillers. A woman who lost her daughter to opiate addiction appeared with DeWine today, explaining to reporters how powerless she and millions of Americans feel against this public health crisis.

Trump waives law requiring US move its embassy to Jerusalem

Israel captured the area from Jordan in the 1967 Mideast war and claims all the city as its eternal capital. Israel considers the holy city to be its capital and insists the city must not be divided; Palestinians claim east Jerusalem as the capital for a future, independent state.