Stories about Money

Jul 26 2017

SEC Says 'Coin Offerings' Are Subject To Securities Laws

Between April 30 and May 28 previous year, Slock.it raised Ether worth about $150 million through the sale of approximately 1.15 billion DAO Tokens, according to the SEC...

Jul 26 2017

Ford Reports Q2 Earnings Above Wall Street Expectations, Gives Positive 2017 Guidance

Pre-tax profits for Ford Credit were $619 million, a 55 percent increase over the same quarter past year. Ford's global sales were down 43,000 vehicles in the quarter...

Jul 26 2017

Italian bank says 400000 loan account details hacked

It represents the biggest cyber-incident of its kind reported by an Italian bank to date. "A first breach seems to have occurred in September and October 2016 and a sec...

Jul 26 2017

GOP out to back banks, void rule

The rule, however, could be short-lived , as the Republican-led House of Representatives voted July 25 to kill the rule. "Anything that increases costs for consumers i...

Jul 26 2017

Turning Attention Towards Exxon Mobil Corp (XOM)'s Technicals

On Tuesday, December 15 the stock rating was initiated by Credit Agricole with "Outperform". As per Thursday, September 1, the company rating was maintained by RBC Capita...

Jul 26 2017

Tesla CEO Says Mark Zuckerberg's Understanding Of Artificial Intelligence Is Limited

But he questioned the rationale of Musk who wants politicians to impose laws and regulations against AI, which the Facebook boss said could only slow down progress. Image...

Jul 26 2017

Coca-Cola Company (The) (KO) Stock Rating Upgraded by Zacks Investment Research

Credit Agricole S A now owns 4,411,584 shares of the company's stock worth $182,904,000 after buying an additional 135,541 shares during the period. Hedge funds have re...

Jul 26 2017

International Monetary Fund revises up China's growth forecast for 2017, 2018

The 2017 forecast was revised up by 0.1 percentage point, reflecting the stronger than expected outturn in the first quarter of the year underpinned by previous policy ea...

Jul 26 2017

Kohli not experimenting with opening combination

The BCCI, in a release, said Rahul is on his way to recovery and has been kept out of the series opener as a precautionary measure. New Test skipper Dinesh Chandimal...

Jul 26 2017

ITV profit falls 16%, but dividend is raised

United Kingdom broadcaster ITV's mid-year results show a 3% drop in revenue, which it partly attributes to ITV Studios' investments. ITV said the second half of the...

Jul 26 2017

Axis Bank shares slip almost 3% after Q1 results

The net NPA as on June 30, 2017 stood at Rs. 1061.26 crore, and the net NPA as a percentage to net advances was at 1.39%. The profitability was impacted by slow growth ...

Jul 26 2017

Hyundai Motor's H1 profit posts double-digit fall

Combined with first quarter figures - Hyundai's sales for the first half this year - edged up 1.4 percent, to log 42.5 billion USA dollars. China's economic retaliation...

Jul 26 2017

RBI stopped printing of Rs 2000 notes almost five months ago

In fact a report by SBI even says that the introduction of Rs 200 note will fill in the "missing middle" even as the new currency in circulation (CIC) has already reached...

Jul 26 2017

BMW to build electric Mini in England despite looming Brexit

In fact, "the electric bit - the drivetrain, which includes the motor, gearbox and battery pack - will be assembled in Germany" and shipped into the UK. According to the ...

Jul 26 2017

UK Q2 GDP Growth Increased 0.3%, Industrial Sector Contracted

The resilience of United Kingdom growth in the second half of 2016 surprised many economists, but since then consumer spending has been weighed down as price inflation ...

Jul 26 2017

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Under Analyst Spotlight

The Capital World Investors holds 9.14 million shares with $897.61M value, up from 8.89M last quarter. 10/07/2016 - Raymond James began new coverage on QTS Realty Trust...

Jul 26 2017

Strong earnings boost USA stocks, dollar near 13-month low

India's Sensex was moving up 0.6 percent, Indonesia's Jakarta Composite was rising 0.2 percent, Malaysian shares were marginally higher and the Taiwan Weighted rose 0.2 p...

Jul 26 2017

Israeli troops deploy in East Jerusalem, West Bank amid holy site violence

Greenblatt is also heading to Jordan with USA ambassador to Israel David Friedman on Monday. Israel officials said the country made a decision to replace the metal de...

Jul 26 2017

Trump weighs replacing Fed Chair Yellen with ex-Goldman exec

The Dollar has struggled thus far in 2017 amidst the failure of President Donald Trump to stamp his legislative agenda on the country and signs that the US Federal Res...

Jul 26 2017

Party boy Jake Paul has moved on from the Disney Channel

Jake Paul has been causing quite a stir this week, as the social media star turned actor has parted ways with Disney Channel in the midst of filming Season 2 of the fa...