• RBI may bring back all-new Rs 1000 note by December
RBI may bring back all-new Rs 1000 note by December

Even as that happens, preparations for the design and the paper for printing Rs 1,000 note are in full swing. "Printing of Rs 2,000-denominated notes stopped at least six months ago and now the Rs 200 notes are getting printed at these presses".

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  • Federal Reserve chair Janet Yellen defends tighter financial rules
Federal Reserve chair Janet Yellen defends tighter financial rules

European stocks were moderately higher in the mid-market trading on Friday ahead of speeches of key central bankers at their annual meeting in Jackson Hole, Wyoming . Trump's National Economic Council director, Gary Cohn. Yellen's predecessor, Ben Bernanke, signaled a new round of Fed bond purchases in 2010 to try to invigorate a weak US recov...

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  • Meg Whitman is at the center of Uber's boardroom battle
Meg Whitman is at the center of Uber's boardroom battle

The board had been leaning toward Meg Whitman, the chief of Hewlett Packard Enterprise , the people said . The board met during the weekend to deliberate over the selection of a new chief executive to lead the ride-services company out of a almost year-long crisis.

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  • Oil up as U.S. rigs and refineries brace for hurricane
Oil up as U.S. rigs and refineries brace for hurricane

Brent for October settlement gained US$0.37 to end the session at US$52.41 per barrel on the London-based ICE Futures Europe exchange. Even before the Harvey made landfall late Friday, dozens of oil and gas platforms had been evacuated, at least three refineries had closed and at least two petrochemical plants had suspended operations.

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  • Oil rises as dollar drops, US Gulf Coast braces for hurricane
Oil rises as dollar drops, US Gulf Coast braces for hurricane

America's vast energy infrastructure network is created to sustain disruptive events like Hurricane Harvey , due to its geographic diversity and industry experience responding to similar storms over the years, such as Rita, Ike and Sandy. Almost 850 of the canceled flights were scheduled to either depart from or land at Houston's two airports. R...

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  • CBS Corporation to Acquire Ten
CBS Corporation to Acquire Ten

Murdoch, who co-chairs News Corp. with his father Rupert, and Gordon, who owns regional network WIN Television, want to each buy a 50 percent share in the Ten. Major investors in the Ten Network, Lachlan Murdoch, Bruce Gordon and James Packer, called in receivers. "As part of the agreement to purchase the Network Ten business, CBS will provide im...

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  • San Francisco's Alamo Park Swarmed by Counter-Protesters After Right-Wing Rally Cancelled
San Francisco's Alamo Park Swarmed by Counter-Protesters After Right-Wing Rally Cancelled

The black clad protesters carried a large banner that identified them as anarchists. They assaulted at least three people by punching and kicking them. Earlier in the day, police had set up barricades around park and checked people who entered to make sure they did not have prohibited items like baseball bats, dogs, skateboards and scarves or ban...

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  • Warning as chemical 'haze' descends on English beach goers
Warning as chemical 'haze' descends on English beach goers

Investigations are under way into the cause of the "chemical haze", which is now unknown. Witnesses claimed there was a distinct and pungent smell of "chlorine" in the air at the East Sussex site, with one saying it 'stung their noses'. In a statement , Sussex police said: "Emergency services are treating people at Birling Gap and clearing the a...

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  • USA oil falls 2 percent as refiners brace for Hurricane Harvey
USA oil falls 2 percent as refiners brace for Hurricane Harvey

Brent crude futures, the global benchmark for oil prices, were at $52.58 per barrel shortly before 8am Irish time, up 1 cent from their last close. The dollar, in which oil is priced, fell after Federal Reserve Chair Janet Yellen made no reference to US monetary policy in her speech at the annual central bank research conference in Jackson Hole, ...

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  • General Electric Company (GE) Hits New 52-Week Low
General Electric Company (GE) Hits New 52-Week Low

It has underperformed by 28.89% the S&P500. IMMELT JEFFREY R bought $2.81M worth of stock or 100,000 shares. Heading into the stock price potential, General Electric Company needs to grow just 15.23% to cross its median price target of $28.

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  • Eight people killed after horror motorway crash in England
Eight people killed after horror motorway crash in England

The six men and two women who were killed were all travelling in a minibus when they were in collision with two lorries at Newport Pagnell close to Milton Keynes. "We will continue to work with the authorities as we try and piece together the pieces of this tragic incident". ITV reported Ismail Elmagdoub, Director of AIM Logistics limited say...

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  • Harvey alters airline schedules - check your flights
Harvey alters airline schedules - check your flights

As expected, the airlines have canceled all flights out of the Corpus Christi International Airport , CCIA, for the rest of today. All told, some 2,700 flights have been canceled due to Harvey, the worst storm to hit USA soil since 2004 when Hurricane Charley hit Florida .

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  • Hot Stock to Watch: Valero Energy Corporation (VLO)
Hot Stock to Watch: Valero Energy Corporation (VLO)

PiperJaffray maintained the stock with "Overweight" rating in Thursday, December 15 report. The stock has "Buy" rating by Mizuho on Friday, February 3. It also upped Astrazeneca (NYSE:AZN) stake by 12,840 shares and now owns 19,065 shares. Quintiles Ims Hldgs Inc Com (NYSE:Q) was raised too. Among 2 analysts covering Lands' End ( NASDAQ:LE ), 0 h...

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  • Jeff Immelt Pulls Out of Running for Uber CEO
Jeff Immelt Pulls Out of Running for Uber CEO

Uber's fractured eight-member board has been meeting this weekend to find a new leader. Times reporter Mike Isaac tweeted that Immelt pulled out to save face because he didn't have the necessary support from Uber's board. He recently stepped down as GE CEO, but remains the chairman through the end of this year. Benchmark has reportedly been in...

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  • Dollar Tree, Inc. (DLTR) PT Raised to $93.00 at Buckingham Research
Dollar Tree, Inc. (DLTR) PT Raised to $93.00 at Buckingham Research

About 2.56M shares traded. Dollar Tree (NASDAQ: DLTR ) last issued its quarterly earnings results on Thursday, August 24th. It has underperformed by 65.09% the S&P500. This has been shown in a report on Friday morning. The rating was maintained by RBC Capital Markets with "Buy" on Friday, June 30. FNY Managed Accounts LLC bought a new position in...

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  • Hurricane Harvey Has Knocked Out 25 Percent of Gulf Gas Production
Hurricane Harvey Has Knocked Out 25 Percent of Gulf Gas Production

The National Weather Service's National Hurricane Center said rainfall is expected to be around 15 to 30 inches (38 to 76 cm) but could reach up to 40 inches (102 cm) in some areas. As the sun rose Saturday, the full extent of the catastrophic damage in Rockport became clear: the fishing village was almost flattened, with numerous buildings fla...

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  • Hurricane Harvey: Eight killed as storm hits Texas
Hurricane Harvey: Eight killed as storm hits Texas

Barcelona police said some 500,000 people showed up to the march. Wax told CNN's Fredricka Whitfield late Saturday morning that emergency response teams were venturing out to assess the damage. Firefighters who hunkered down in their station in Rockport as Harvey passed over the city of about 10,000 residents recounted a harrowing night. "We ...

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  • Financial rules have made economy stronger: Yellen
Financial rules have made economy stronger: Yellen

Read her speech here. When economic growth is weak and inflation is low , the central bank (typically) keeps interest rates down, to encourage lending. Draghi didn't address the financial health of the eurozone, which includes the 19 nations that share the euro currency. "They believe keeping rates too low for too long can create financial faul...

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  • KKR Real Estate Finance Trust Inc (KREF) EPS Estimated At $0.30
KKR Real Estate Finance Trust Inc (KREF) EPS Estimated At $0.30

The firm has "Outperform" rating given on Friday, March 3 by Raymond James. Hourglass Capital Llc decreased Morgan Stanley (MS) stake by 17.77% reported in 2016Q4 SEC filing. Shares of Novavax, Inc. IRET's profit would be $13.60 million giving it 15.48 P/E if the $0.10 EPS is correct. Looking ahead to earnings forecasts, for the running fiscal pe...

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  • Ryan Giggs impressed by Henrikh Mkhitaryan's start to the new season
Ryan Giggs impressed by Henrikh Mkhitaryan's start to the new season

In terms of head-to-head, Manchester United leads with 14 wins against two of Leicester City , with six matches being drawn. Rojo - who travelled to the United States with the squad for their pre-season tour and to the Super Cup in Macedonia where they lost to United manager Jose Mourinho's former side Real Madrid - was pictured trai...

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