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India's wholesale inflation in August accelerates to 3.24%


Petrol prices in August rose by 24.55 per cent while diesel prices rose by 20.30 per cent. Fuel prices had grown by 4.35 per cent in July. That was nearly in line with the 3.20 percent increase economists had forecast. In terms of food prices, the YoY wholesale inflation rate for onion was higher by 88.46 per cent, whereas for potatoes it plunged by (-) 43.82 per cent. Lire la suite »

Amazon launches its first fashion imaging studio Blink in India


This is only the third of its kind studio for Amazon across the globe. Overall, it is the third such studio in the world with the first two being in NY and London. "This is a part of our plan to innovate in how fashion is displayed on the site", he said. As fashion is one of the fastest growing segments, we chose to push it further with bringing the fashion studio to India. Lire la suite »

Renaissance Technologies LLC Has $634000 Stake in New Relic, Inc. (NEWR)

New Relic's revenue was up 36.7% on a year-over-year basis. Clearbridge Investments LLC boosted its holdings in New Relic by 377.8% during the first quarter. New Relic offers an integrated suite of products, which include New Relic APM for application performance management; New Relic Mobile for mobile application performance management; New Relic Servers for server monitoring for cloud and data centers; New Relic Browser for end user experience monitoring and performance monitoring; New Relic ... Lire la suite »

Walgreens Boots Alliance, Inc. (WBA) Shares Sold by Fmr LLC

Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings results on Thursday, June 29th. If we take a wider approach, shares have been trading 0.15% away from the 200-day moving average. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $95.00 target price on shares of Walgreens Boots Alliance in a report on Monday, July 3rd. Lire la suite »

Booker Group Records Growth in Quarterly Sales


Booker said non-tobacco sales grew 6 percent on a like-for-like basis in the 12 weeks to September 8 while tobacco sales fell 9.4 percent, hurt by changes in tobacco legislation. Tesco's £3.7bn takeover of Booker is undergoing a lengthy investigation by the Competition and Markets Authority (CMA), which opened a "phase 1" probe into the deal in May. Lire la suite »

Munich makes first warning by reinsurer on Harvey, Irma impact


Irma, one of the most powerful Atlantic Ocean storms on record, ravaged several islands in the northern Caribbean, killing at least 60 people, before barreling into Florida's Gulf Coast on Sunday, causing further destruction. Munich Re said it will likely report a loss for the third quarter. For the full year, it previously guided for an aftertax profit, including minorities, of between EUR2.0 billion and EUR2.4 billion ($2.4 billion to $2.86 billion). Lire la suite »

Le Maire : les PEL seront soumis au prélèvement à 30 %


Les PEL ouverts avant cette date conserveront l'exonération d'impôt sur le revenu pendant les 12 premières années d'épargne. Le gouvernement a donc choisi de soumettre tous les nouveaux PEL à la flat tax , ce prélèvement dont le taux a finalement été fixé à 30 % après de longs arbitrages, et dont le coût précis reste inconnu: " environ 1,5 milliard d'euros " de manque à gagner sur les recettes d'impôt sur le revenu (IR), selon M. Lire la suite »

How Many Bellway plc (LON:BWY)'s Analysts Are Bullish?


CMS Energy Corporation had 22 analyst reports since August 31, 2015 according to SRatingsIntel. JP Morgan has "Overweight" rating and GBX 2680 target. Bellway p.l.c is a holding company of the Bellway Group of companies. The company has market cap of $285.28 million. The Firm is engaged in the building and selling of homes, ranging from one-bedroom apartments up to five-bedroom family homes, as well as providing social housing-to-housing associations. Lire la suite »

RCom-Aircel Merger In Trouble As Ericsson Drags Ambani Firm To NCLT


The NCLT, after hearing the parties, adjourned the matter to September 26. "This seems like the first salvo has been fired but Ericsson is unlikely to push RCom to bankruptcy", said a Hong Kong-based trader. Debt-laden Reliance Communications earlier this year said that its lenders had agreed to a strategic restructuring plan under which it will get a 7-month standstill to service loans amounting to Rs 45,000 crore. Lire la suite »

Musk Now Targets October to Unveil Tesla Semi Truck


The electric auto company also plans to create electric urban transport vehicles and an electric pickup truck. But now it looks like Tesla has done enough work on the semi-truck and all set to debut its new creation. While Johnson is a bear, he does point out the potential of a semi truck . In April, he said Tesla , which is known for missing self-imposed time frames, would reveal the battery-powered truck in September. Lire la suite »

Morrisons profits soar as turnaround picks up pace


Like-for-like sales, excluding fuel and VAT sales tax, were up 2.6 percent over the second quarter, having increased 3.4 percent in the first quarter. The partnership will see the supermarket supply Safeway and branded products to 1,300 convenience shops and 350 newsagents starting from January next year. Lire la suite »

Interest rates to remain on hold despite higher inflation


Germany's year-on-year inflation rate for August is predicted to print at 1.8%, up from the previous period's 1.7%, whilst industrial production in the Euro Area is expected to jump from 2.6% in June to 3.6% in July. The Bank of England may be preparing to warn both investors and regular Brits that they cannot expect interest rates to stay as low as they are forever, and that further rises in inflation in the coming months could lead to rising rates. Lire la suite »

Housing market: London and south east are weakest regions - RICS


Also, prices in London have quadrupled over in the past 20 years, making homes unaffordable for many of its residents. Fifty-six percent more surveyors in central London reported seeing a fall in prices than reported a rise, and it was the only region in Britain where prices were expected to fall over the next 12 months. Lire la suite »

Before and After Photos Show Irma's Terrible Destruction


It started on August 30th way out off the coast of Africa and then quickly worked its way across the Atlantic gaining strength. At sunrise Wednesday, Keys residents faced the devastation left behind by Irma. Hurricane Irma brought winds of up to 120mph to the state, which caused the destruction of most of the homes and businesses in Florida. Irma registered as a major hurricane for 8.5 days, the second most in the satellite era (since 1966), trailing only Ivan in 2004. Lire la suite »

Nevada gas prices highest in two years


California doesn't depend on the Gulf Coast to supply gasoline, AAA Northern California spokesman Michael Blasky said. The storm, which temporarily shut down 25 percent of US refining capacity as it flooded Houston, drove the national average price of gasoline up almost 35 cents. Lire la suite »

Local Volunteers Deploy To Help Hurricane Victims


Also (I'll be) checking the food that's being served", he said. Since 1900 the Salvation Army has responded to every major natural disaster providing food, water and shelter as well as financial, emotional and spiritual support. All of the items collected will be donated to the Salvation Army of Northeast Florida's Hurricane Irma relief efforts. "Since Harvey hit and now with Irma, we've had very generous donors", said Gendron. Lire la suite »

Unemployment steady at 5.6pc as 54200 jobs added during August


The level of job creation was more than three times higher than what was expected by most economists, pushing the Australian dollar back above 80 USA cents upon its 11:30am (AEST) release. However, wages growth has remained weak, raising concerns about a dent in consumer spending. "Full-time employment has now increased by around 253,000 persons since August 2016, and makes up the majority of the 307,000 person increase in employment over the period", he wrote in the report. Lire la suite »

Small gains on Wall Street on positive day for retailers

Wall Street has been eking out record highs for most of this year, recovering from periodic setbacks caused by turmoil in Washington, questions over USA interest rate hikes and doubts about the Trump administration to push through its pro-business reforms, and lately, tensions over North Korea. Lire la suite »

Eldorado Gold Corporation (NYSE:EGO) Stock Is Shorted Less


Jefferies Group LLC set a $20.00 price objective on Barrick Gold Corporation and gave the company a buy rating in a research report on Tuesday, August 15th. However traders likely look more closely at indicators, charts and fundamentals on the specific security they plan to trade, awareness of overall market sentiment is also quite crucial. Lire la suite »

Appalachian Power sending hundreds to Florida, Georgia


Channel 2's Aaron Diamant went to the Georgia Power command center in Atlanta where crews are working overtime. Georgia Power Company (Georgia Power ) is a vertically integrated utility providing electricity to retail customers within its service territory located within the State of Georgia and to wholesale customers in the Southeast. Lire la suite »

Tesla's vice president of business development leaves after 11 years


O'Connell's responsibilities, which included government relations, will now be taken over by Tesla's president of global sales and service, Jon McNeill, the company said. Among the executives who have left the company this year are Kurt Kelty , director of battery technology; chief financial officer Jason Wheeler and Chris Lattner , vice president of Autopilot software. Lire la suite »

Toshiba: Bain capital de retour, nouvel épisode dans la saga des mémoires


L'agence Dow Jones a ainsi avancé le nom d'Apple, qui souhaiterait un redressement rapide de son fournisseur nippon pour contester l'hégémonie mondiale de Samsung Electronics sur le segment des mémoires NAND. Parmi eux figurent le consortium dirigé Western Digital WDC.O , associé lui au fonds de capital investissement KKR KKR.N et à des investisseurs publics japonais et celui formé par Foxconn 2317.TW. Lire la suite »