Economy

E-commerce, new firms: GST registrations from June 25

E-commerce, new firms: GST registrations from June 25

The Kerala GST Ordinance has been accorded the governor's approval, he said. The government will appoint the excise and taxation commissioner as the commissioner of state tax for the Haryana GST Act , 2017. The tax collection in the state would improve considerably in terms of telecommunication, financial and insurance services on the basis of destination principle, he said. Read More

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Which Analysts Are Watching Summit Midstream Partners, LP (NYSE:SMLP)?

A total of 2.32 million shares exchanged at hands and its average trading volume is standing at 0.48 million shares. Methode Electronics Inc. (NYSE:MEI) has risen 40.98% since June 22, 2016 and is uptrending. The petroleum products and by-products it collects, transports, stores and markets are produced by gas and oil companies. MANGAN MICHAEL D sold $475,442 worth of stock. Read More

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Marathon Oil's Stock Outperformed Crude Oil and Peers Last Week

The company's market cap is $27.75 Billion. Manufacturers Life Com The accumulated 102,298 shares or 0.01% of the stock. About 10,972 shares traded. Benefitfocus Inc (NASDAQ:BNFT) has declined 9.60% since June 21, 2016 and is downtrending. On Friday, September 9 the stock rating was downgraded by Societe Generale to "Hold". The firm has "Overweight" rating given on Wednesday, August 26 by JP Morgan. Read More

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Scalise out of intensive care

Scalise out of intensive care

The rifle-wielding attacker - James T. Hodgkinson , 66, of Belleville, Ill. - died after being wounded by Capitol Police. Officials said they also searched the van he had been living out of in the parking lot of the YMCA and found indications on his computer that he meant to go home. Read More

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Tata looking to buy stake in Air India

Tata looking to buy stake in Air India

Air India also flies overseas with 17% of the worldwide traffic from and into India, and will place the new owner in a comfortable position in the overseas air travel business with lot of scope for expansion. This joint venture will help in the development of Indian capabilities so as to produce high performance airborne electronics and to integrate as well as maintain radars. Read More

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Amazon buying Whole Foods: Bay Area shoppers react

Amazon's peer Walmart saw its share price down more than 6% within an hour of the news , while stock in grocery chain Kroger was off more than 15%. Whole Foods whose fleet of stores now numbers more than 430 locations has found it hard to attract more mainstream consumers as Walmart and other large chains have stepped up their sales of natural and organic products. Read More

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Paloma Partners Management Co Cuts Stake in United States Steel Corporation (X)

Paloma Partners Management Co Cuts Stake in United States Steel Corporation (X)

Total cash per share on the most recent quarter is 7.59. However the company reported $0.08 earnings per share for the same quarter during past year. Ameritas Invest Ptnrs Incorporated holds 9,342 shares or 0.03% of its portfolio. It has outperformed by 28.84% the S&P500. AK Steel Holding Corp (NYSE:AKS)'s revenue estimates for the current quarter are $1.55 Billion according to 9 number of analysts, for the current quarter the company has high revenue estimates of $1.61 Billion in ... Read More

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Oracle shares jump as much as 9 percent after earnings top estimates

Oracle shares jump as much as 9 percent after earnings top estimates

Even with annual gains and promises for more, Oracle's cloud transition is a work in progress. Analysts on average had estimated a profit of 78 cents per share and a revenue of $10.45 billion, according to Thomson Reuters I/B/E/S. Oracle has been pushing hard in public cloud, aiming to compete with market leader Amazon (NASDAQ: AMZN ) Web Services (AWS). "After several years of struggling to find its footing in cloud, Oracle seems to have turned the corner and heads into its ... Read More

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Toshiba shares are demoted as losses soar over $5 billion

Toshiba shares are demoted as losses soar over $5 billion

Toshiba was not immediately available for comment. The consortium consists of INCJ, Bain Capital Private Equity and the Development Bank of Japan . Its presence has made Western Digital reluctant to join the group in its current form due to worries that high-level technology for NAND chips, which provide long-term data storage, could be leaked to its rival, sources familiar with the matter have said. Read More

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Trump on Jeh Johnson testimony

The Trump administration's response to 2016 hacking has, so far, been tepid, a direct contrast with the Obama administration . He said Russian Federation for years has tried to influence US elections but that the "scale" and "aggressiveness" of its efforts in 2016 made the attempts more significant. Read More

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Amazon charges $2.8M for National Football League streaming ad packages

Amazon charges $2.8M for National Football League streaming ad packages

In the last 90 days, insiders sold 1,013,380 shares of company stock valued at $953,846,866. Oppenheimer Holdings, Inc. reaffirmed their buy rating on shares of Amazon.com, Inc. Reynolds Shelley also sold $524,339 worth of Amazon.com, Inc. (NASDAQ:AMZN) on Friday, August 21 to "Hold" rating. Amazon.com has an average rating of "Buy" and an average price target of $1,020.96. Read More

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Tropical storm Cindy threatens Gulf Coast

Tropical storm Cindy threatens Gulf Coast

At 4 p.m. CT, it was moving at 10 mph with winds of about 25 mph and was about 45 miles south of Shreveport, the National Weather Service said. The agency has issued several tornado warnings during the day because a single tropical band could quickly develop "little spin up tornados", Graham said. Read More

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Thousands join India's Modi, hit the mat for International Yoga Day

Thousands join India's Modi, hit the mat for International Yoga Day

Chief Minister N Biren stated that it is the contribution and achievement of Prime Minister Narendra Modi that Yoga which spreads the message of peace and prosperity has been popularised across the world. The Yoga day was also obsereved at INS Vikramaditya, the largest warship operated by India. The World Health Organisation (WHO) has recognised yoga as a form of traditional medicine. Read More

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Eland Oil & Gas PLC (ELA) Rating Reiterated by Canaccord Genuity

The stock was acquired at an average cost of GBX 216 ($2.73) per share, for a total transaction of £2,339.28 ($2,959.24). About 415,438 shares traded. The firm earned "Buy" rating on Wednesday, February 10 by Deutsche Bank. Jefferies maintained BlackRock, Inc. Montiel Maritza Gomez also bought $249,050 worth of McCormick & Company, Incorporated (NYSE:MKC) on Wednesday, May 3. Read More

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Streaming rules wipe $1bn from Weibo market cap

Streaming rules wipe $1bn from Weibo market cap

The Melbourne Cup and Australian Open were among the Australian sporting events that struck live broadcast deals with Sina Weibo in 2016. The sudden order affects not only Weibo , but also Hong Kong-based Phoenix Satellite Television Holdings Ltd.'s Internet video services in China, and VC-backed firm Acfund, according to a report from China Money Network. Read More

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Snapchat adds map to photo service

Snapchat adds map to photo service

It's your choice. You'll see the new feature when you update the Snapchat app to the latest version. It's not all about stalking your mates, with the feature also providing a way to access localised news stories and giving users the option to browse pictures and videos from specific areas around the world. Read More

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Wilmington PLC (WIL) Receives "Buy" Rating from Peel Hunt

Fifth Third had 56 analyst reports since July 22, 2015 according to SRatingsIntel. The ex-dividend date is Thursday, June 29th. Citigroup upgraded the shares of T in report on Wednesday, September 2 to "Buy" rating. Go-Ahead Group plc (LON:GOG) has 0.00% since June 22, 2016 and is. The firm earned "Underperform" rating on Wednesday, November 16 by Robert W. Baird. Read More

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European Central Bank sticks with economic stimulus

Tensions within the governing council have pitched so-called hawks led by the German members, who want to end emergency measures sooner, against doves nervous of pulling supports before growth is fully sustainable. The ECB cut its inflation outlook for each year through 2019 because of weaker energy costs, while raising its forecasts for economic growth. And remember, price stability-as defined by the inflation target-is the ECB's sole policy mandate. Read More

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Heavy Rains And Flooding As Tropical Storm Cindy Makes Landfall

Heavy Rains And Flooding As Tropical Storm Cindy Makes Landfall

Ivey said the worst effect of the storm was the death of 10-year-old Nolan McCabe , who was struck by a log during the storm surge Wednesday morning in Fort Morgan. Wind gust moving at 40 miles per hour can move weak trees and patio furniture, so Graham advises residents to be careful while driving. Though swamped roads and high tides interfered with transportation, Ashley Buller, an assistant in the parish emergency office, said there were no reports of major flooding. Read More

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US Shoots Down Pro-Syrian Drone

US Shoots Down Pro-Syrian Drone

Some analysts believe Iran is attempting to establish a land corridor in Syria, linking its capital, Tehran, all the way to Lebanon, where its militant proxy, Hezbollah, operates. Assad's and his allied forces opposing ISIS are now colliding with the US -backed Syrian Democratic Forces opposing ISIS, which consist of Arab rebels and the Syrian Kurds of the PYD. Read More

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Tapwrit wins 149th Belmont Stakes

The Belmont Stakes won't feature the drama of a Triple Crown bid on Saturday or Kentucky Derby victor Always Dreaming or Preakness victor Cloud Computing , but the race appears primed to produce some big payouts to bettors. Irish War Cry held on to finish 5 ¾ lengths head of Patch-also trained by Pletcher-with Gormley along for fourth. The victory gave trainer Todd Pletcher his third Belmont Stakes win. Read More

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How Amazon's Deal with Whole Foods Could Impact Retailers

How Amazon's Deal with Whole Foods Could Impact Retailers

The Firm markets products, including TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, ZINBRYTA and FAMPYRA for multiple sclerosis, FUMADERM for the treatment of severe plaque psoriasis and SPINRAZA for the treatment of spinal muscular atrophy (SMA). One of Blue Apron's biggest expense is marketing as this now consumes about $144.1 million. While online sales now account for just a couple of percentage points of total grocery sales, Amazon's entry into the marketplace will likely accelerate the ... Read More

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Macquarie Reaffirms "Outperform" Rating for Reckitt Benckiser Group Plc (RB)

Berenberg Bank restated a buy rating and issued a GBX 8,500 ($108.29) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday, May 15th. The rating was maintained by Morgan Stanley with "Equalwt/In-Line" on Thursday, November 12. Societe Generale has "Hold" rating and GBX 270 target. Over the last quarter, insiders bought 3,139 shares of company stock worth $12,524,341. Read More

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