Not Normal? Dow Dips, Nasdaq Gains as Week Ends With a Whimper

Not Normal? Dow Dips, Nasdaq Gains as Week Ends With a Whimper

22.07.2017

A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. SPDR Dow Jones Industrial Average ETF has a 12-month low of $178.64 and a 12-month high of $216.68. Investors looking to chalk up healthy returns in the stock market may need to pay attention to avoid common pitfalls. SPDR Dow Jones Industrial Average ETF (NYSE: DIA ) announced a monthly dividend on Friday, July 21st, Wall Street Journal reports.

Paysafe shares jump on bid approach

Paysafe shares jump on bid approach

22.07.2017

Two of the world's largest private equity groups have made a $3.7bn (£2.8bn) takeover offer for card processing firm Paysafe. In the past few weeks alone, Nordic Capital has sold the Swedish payments firm Bambora for €1.5bn; Worldline agreed a deal to acquire Digital River World Payments; and Worldpay accepted an offer to be taken over by U.S.

"Prime" suspect: Amazon investigated by FTC over pricing practices

22.07.2017

The FTC declined to comment for this case. It was not known if the agency would open a formal probe into the allegations. Amazon then released a statement saying that Consumer Watchdog's study was "deeply flawed". Amazon.com ( AMZN ) will know by August 25 whether or not it will face a long antitrust investigation over its $14 billion deal to acquire Whole Foods Market ( WFM ).

Georgia's jobless rate hits lowest level in almost 10 years

Georgia's jobless rate hits lowest level in almost 10 years

22.07.2017

The state's labor force participation rate - the percentage of people 16 years and older with jobs or looking for work - dropped to 63.2 percent, the lowest participation rate since June, 1976. On the other hand, more temporary workers could signal ongoing uncertainty among employers. The number of jobs is based on a survey of businesses. There were 18,394 fewer unemployed residents than in June of previous year.

RIL to buy 24.92% stake in Balaji Telefilms

RIL to buy 24.92% stake in Balaji Telefilms

22.07.2017

RIL will buy 2.52 crore shares of Balaji Telefilims at Rs164 apiece. It has cash and cash equivalents worth Rs 72,107 crore ($11.2 billion), lower than the previous quarter's Rs 77,226 crore. The company said it had assets under management of Rs 17,400 crore as on June 30 this year, up 10 per cent from same period year ago. "With the commissioning of this plant, RIL's PX capacity has more than doubled making it the world's second largest producer of PX with about 11 percent of global ...

Dem lawmaker to Elon Musk: Build your hyperloop in Texas

Dem lawmaker to Elon Musk: Build your hyperloop in Texas

22.07.2017

The proposed Hyperloop would connect the city centers of New York, Philadelphia, Baltimore and D.C., as Musk tweeted in a follow-up. A White House spokesperson, offered a little more. Not so fast, said Philadelphia city officials. His tunnel-digging operation, " The Boring Company " (pun intended), has already broken ground on an underground shaft near his rocket company in California to circumvent gridlock in Los Angeles.

T Oher released by Panthers

T Oher released by Panthers

22.07.2017

He was cited for misdemeanor assault and later turned himself in . Marty Hurney's first move in his second stint as the Carolina Panthers' interim general manager did not take long to come together. Oher is most notably known as the inspiration for the Academy Award- nominated " The Blind Side " movie. Oher joined the Panthers in 2015 and started all 16 regular season games and three postseason games for a Panthers team that won an NFC Championship and made an appearance in Super Bowl ...

Lyft team steers toward open self-driving tech

Lyft team steers toward open self-driving tech

22.07.2017

For example, a customer using the Lyft app would have the option to get an autonomous ride from either the company itself or one of its partners. As the Associated Press reports , Lyft announced the launch of their new Level Five engineering division on Thursday, which will consist of about 200 employees by the end of the year, all based in Palo Alto.

General Electric Company (GE) Stake Decreased by Boston Advisors LLC

General Electric Company (GE) Stake Decreased by Boston Advisors LLC

22.07.2017

According to Zacks, analysts expect that General Electric will report full year sales of $29.12 billion for the current financial year, with estimates ranging from $123.56 billion to $130.11 billion. 01/09/2017 - Emerson Electric Company was upgraded to "neutral" by analysts at Bank of America Merrill Lynch. Analysts await Douglas Dynamics Inc (NYSE:PLOW) to report earnings on August, 7.

Citigroup tells staff of broker-dealer plan for Frankfurt office after Brexit

Citigroup tells staff of broker-dealer plan for Frankfurt office after Brexit

22.07.2017

While Cowles said London would remain an "important global hub" for Citi and its Emea headquarters whatever the outcome of the Brexit talks, he added: "In certain circumstances we may need to create approximately 150 new roles located in the European Union".