News Reality

Illumina is Now Oversold (ILMN)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
Read Full Article On
US gross domestic product grew by an annual 2.9 per cent in the period from July to September, above forecasts for a 2.5 per cent advance, and a big improvement on first half growth.
Samsung Electronics published a tough set of Q3 2016 results, posting year-over-year declines in revenues (down 7% to $41.9 billion) and operating profits (down 30% to $4.6 billion), as the impact of
Bloomberg is reporting that Apple has significantly scaled down its automotive ambitions, dropping plans to build an electric car of its own, instead focusing on creating a self-driving platform that
Willie Walsh, IAG's chief executive, revealed BA could increase fares to offset the collapse in the pound as he said that industrial action had also dented the group's performance.
Cincinnati Financial Corp. (NASD: CINF) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.8% yield, as
The metal for delivery in February next year traded lower by Rs 57, or 0.17% to Rs 29,823 per 10 grams in 78 lots
EnLink Midstream Partners LP (NYSE: ENLK) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted t
DTE Energy Co (NYSE: DTE) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among utili
The Sensex and Nifty ended marginally higher boosted by a recovery in Tata Group companies such as Tata Motors, while software maker Tech Mahindra Ltd jumped after reporting a surge in quarterly reve
Inflation and central banks have investors jittery, but the bond market has a built-in weakness to worry about.
Movement in Tata group stocks since the exit of Cyrus Mistry from the group on 24 October, 2016
The rupee wiped off its initial losses and was quoting strong at 66.78 in the evening trade due to mild dollar selling by banks and exporters. According to dealers, strengthening of dollar against...
Weak corporate results weighed on European shares on Friday pushing the regional benchmark index to its lowest in a week, while choppy trading in banking shares saw the sector give up some of its rec
Stocks fell on Friday, curbed by the continued surge in global bond yields, while the dollar hit a three-month high against the yen as investors grew more confident that the Federal Reserve will rais
Equity benchmarks closed marginally higher amid consolidation on Friday, with the Nifty retaining 8600 level on the first day of November series. The broader markets outperformed throughout the sess
Karnataka Bank Ltd's rights issue will open on November 7. The bank informed the BSE that the board of directors at its meeting held on Friday finalised the issue opening and issue closing dates,...
The dollar advanced to a three-month high against the yen on Friday, on track for monthly gains against most major currencies as investors waited for US third-quarter growth data later in the day.A s
Broader markets ouyperformed the benchmark indices - the S&P BSE Midcap and Smallcap indices rose around 1%
Strides Shasun, Jubilant Life Sciences and Sun Pharma Advanced Research were up between 5% and 12%.
RBS's losses were driven by a fresh £425million misconduct charge linked to the sale of mortgage-backed securities in the US and a rise in third-quarter impaired loans to £144million.
Chinese express delivery company ZTO’s 15% first-day drop augers a difficult road ahead.
Around mid morning, the FTSE 100 Index was down 44.9 points, or 0.6 per cent at 6,941,7, having closed 28.48 points higher yesterday after a choppy session saw a late rally.
Tata Motors, Bajaj Auto were among the top gainers
Indian firms raised nearly Rs 13,000 crore through issuance of shares to promoters and shareholders on a preferential basis during April-August, 2016-17, a slump of 35 per cent from the year-ago peri
The Sensex and Nifty were trading marginally higher boosted by a recovery in Tata Group companies such as Tata Motors, while software maker Tech Mahindra Ltd jumped after reporting a surge in quarter
Benchmark indices extended gains amid consolidation, with the Nifty reclaiming 8650 level while the broader markets continued to outperform, rising around a percent.
Benchmark indices extended gains amid consolidation, with the Nifty reclaiming 8650 level while the broader markets continued to outperform, rising around a percent.
IG Petro, Plastiblends, Ultramarine Pigments, Vishnu Chem, Jayant Agro and Sudarshan Chem up 5%-14% on BSE.
Investments made by AIFs have crossed the Rs 24,800-crore mark at the end of the second quarter of 2016-17, a jump of 20 per cent from the preceding three months.Year-on-year, AIF investments have mo
Shares of multiplex operator Inox Leisure today slumped nearly 9 per cent after the company reported a decline of 92.56 per cent in its consolidated net profit for the second quarter ended September.
The BSE and NSE will conduct a special ‘Muhurat’ trading session on Sunday, October 30.The ‘Muhurat’ trading, which is conducted on the auspicious occasion of Diwali, will be held between 6.30 pm and
Nifty 50 November Futures (8,648) The November Nifty futures contract started the session on a negative note at 8,626 and immediately fell to record an intra-day low at 8,605. But subsequent buying..
Coal India, Tata Motors, Dr Reddy's Labs, Hero MotoCorp and Bajaj Auto are gainers while ICICI Bank, Cipla, GAIL, Bharti Airtel and Asian Paints are losers in the Sensex.
Thus far in October, the stock up 23% post closure of share buyback offer, as compared to 0.11% rise in Sensex.

Recent News

A tale of two Uber drivers

As an employment tribunal makes its decision about the status of Uber drivers, we speak to two who have opposing views of their jobs.
Read Full Article

Morrisons raises Marmite price by 12.5%

Supermarket Morrisons raises the cost of a jar of Marmite by 12.5%, say retail industry experts.
Read Full Article

Uber drivers win key employment case

UK employment tribunal rules that Uber drivers are entitled to holiday pay and National Living Wage.
Read Full Article

Is Apple Discontinuing The iPad Air Series? Fate Of The Air Tablet Line Is Reportedly Uncertain

Apple launched the iPad Air 2 back in 2014. It has already been two years since the device was released and yet there is no indication that the Cupertino giant is working on a successor. Could this m
Read Full Article

Imperial Oil Q3 profit edges above $1 billion, thanks to sale of gas stations

CALGARY - Imperial Oil (TSX:IMO) says the sale of its gas stations helped the company achieve a $1-billion quarterly profit for the first time in more than two years. The Calgary-based oil and gas co
Read Full Article

Volkswagen introduces new American-built 7-passenger SUV

DETROIT - Volkswagen took a big step toward recovering from its emissions-cheating scandal by introducing a new seven-passenger SUV. The Atlas SUV gives VW an entry into the fastest-growing part of t
Read Full Article

Cdn dollar at 9:30 a.m. ET Friday: 74.62 cents US, down 0.08 of a cent

The Canadian dollar is trading at 74.62 cents US this morning, down 0.08 of a cent from Thursday's close. The U.S. dollar is trading at C$1.3401, up 0.14 of a cent. Pound sterling is worth C$1.6294,
Read Full Article

The Market In 5 Minutes: Busy earnings week wraps up

Futures for the Dow Jones Industrial Average climbed 14 points, while the Standard & Poor’s 500 index futures gained 3.        
Read Full Article

Economy rebounds, grows solid 2.9% in Q3

Economists expected growth of 2.6%        
Read Full Article

Popular Finance

UBS beefs up funds for U.S. mortgage mis-selling case to $1.4 billion

ZURICH (Reuters) - UBS revealed it had set aside an extra $417 million to cover potential penalties tied to mis-selling mortgage-backed securities ahead of the financial crisis as it delivered an 11..
Read Full Article

BRIEF-Russia's PIK Group acquires two projects in St Petersburg

* Announces acquisition of two land plots for the construction of residential buildings in St Petersburg;
Read Full Article

BRIEF-Peapack-Gladstone Financial reports Q3 earnings per share $0.43

* Net interest income was $24.27 million for Q3 of 2016, compared to $24.18 million for Q2 of 2016 Source text for Eikon: Further company coverage:
Read Full Article

BRIEF-Agile Group says Zhongshan Shiguang entered transfer agreement

* Zhongshan Shiguang entered into original transfer agreement
Read Full Article

BRIEF-ABLV Bank chooses Wolters Kluwer software for reporting

* Latvia-based private bank ABLV Bank has chosen Wolters Kluwer to provide its regulatory reporting software OneSumX for the Latvian headquarters bank and for it's Luxembourg subsidiary Source text f
Read Full Article

MONEY MARKETS-Traders see higher chances of December U.S. rate hike after GDP data

NEW YORK, Oct 28 (Reuters) - Traders on Friday increased their bets that the Federal Reserve will raise interest rates at its last policy meeting of 2016 as data showed the U.S. economy accelerated in
Read Full Article

BRIEF-Haitong Securities says co resolved to elect Zhou Jie as chairman of board

* Qu Qiuping, a director and general manager of company, ceases to perform duties of chairman Source text for Eikon: Further company coverage:
Read Full Article

BRIEF-Gree Real Estate's 9-month net profit down 56.0 pct

Further company coverage: (Reporting by Hong Kong newsroom)
Read Full Article

CORRECTED-BRIEF-BNP Paribas says may raise dividend payout ratio as part of 2017-2020 plan

Oct 28 (Reuters) - BNP Paribas' Chief Operating Officer Philippe Bordenave made the following comments during a call with analysts on Friday:
Read Full Article