Markets

Xiaomi Redmi 4 smartphone launched in India, price starts at Rs 6999

Xiaomi Redmi 4 smartphone launched in India, price starts at Rs 6999

Redmi 4 has a metal unibody design and curved 2.5D glass on the front. It is powered by Snapdragon 435 octa-core processor ( 1.4GHz max) along with Adreno 505 GPU. The Redmi Note 4, Redmi 4A, and now the Redmi 4 , which is essentially the Redmi 4X launched in China a year ago. The device is armed with a 41000mAh battery , which according to Xiaomi will easily last for two complete days and it might be true because the phone has a less power consuming chip and an HD display . Read More

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Buffett calls health bill a giveaway to wealthy

Buffett said he was happy to gather more money that can be used for takeovers and stock picks. "It's intrinsically a unsafe kind of activity, but that's one of its attractions", Munger said on Saturday at Omaha, Nebraska-based Berkshire's annual meeting, highlighting the judgement of Buffett and his reinsurance deputy, Ajit Jain. Read More

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Europol director calls on 'all sectors' to take cyber security threat seriously

At least 48 National Health Service organisations were affected by the hack, including St. Bartholomew's Hospital , and the East and North Hertfordshire Trust. However, he said that so far "remarkably" few payments had been made by victims of the attack. "I am anxious about how the numbers will continue to grow when people go to work and turn on their machines on Monday morning". Read More

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Snapchat's growth stalls in Facebook's shadow in 1Q report

Snapchat's growth stalls in Facebook's shadow in 1Q report

Co-founder and chief executive Evan Spiegel received a $750 million bonus for taking the company public. "A stronger Android offering could lead to faster long-term DAU growth", they wrote. Ever since Snap publicly filed its IPO paperwork, there have been concerns about the young company's mounting losses, lofty valuation and the lack of voting rights for shareholders. Read More

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This act is the hot favourite to win Eurovision 2017

This act is the hot favourite to win Eurovision 2017

Fingers crossed! The UK is already through to the final, of course, being one of the five countries to get an automatic place for putting up all the money. The Portuguese and Armenian entrants for the 2017 Eurovision song contest , among the favorites to win the continent-wide songfest, were two of 10 to qualify for the final in the first round of heats in Kiev. Read More

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Comcast, Charter Join Up on Wireless Efforts

Comcast, Charter Join Up on Wireless Efforts

As a part of the partnership, the companies say that they will collaborate on "creating common operating platforms" and developing "emerging wireless technology platforms". They also face the long-term threat from wireless companies like AT&T that are building the fifth-generation of wireless services, known as 5G, that could offer blazing-fast internet speeds on consumers' phones that are competitive with cable operators' broadband service. Read More

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Yum! Brands (NYSE:YUM) reports 1Q17 Profit Up 18%; Beats Street View

Yum! Brands (NYSE:YUM) reports 1Q17 Profit Up 18%; Beats Street View

Simple Moving Averages Telling trends about Yum China Holdings , Inc. A number of hedge funds have recently made changes to their positions in YUM. Coconut Grove Bank increased its stake in Yum! Yum! Brands ( NYSE:YUM ) traded up 2.82% on Wednesday, hitting $68.21. If you are viewing this news story on another site, it was illegally copied and republished in violation of US and worldwide copyright & trademark legislation. Read More

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Dr Pepper Falls Short Of Revenue Estimates But Raises EPS Guidance

Dr Pepper Falls Short Of Revenue Estimates But Raises EPS Guidance

In contrast to the year ago quarter EPS was at 1.23. Beta is also an important valuation ratio for analyzing the stock of the company, DPS has Beta of 0.57 while its industry and Sector's beta remains at 0.57 and 0.62 respectively. Rothschild Capital Partners Llc sold 46,245 shares as First Rep Bk San Francisco C (FRC)'s stock rose 12.19%. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . Read More

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Caterpillar Inc. (CAT) Receives $96.78 Average PT from Analysts

Patten Group Inc . boosted its stake in shares of Caterpillar by 0.4% in the third quarter. On average, equities analysts forecast that Caterpillar will post $3.26 earnings per share for the current year. Price targets show what analysts believes a stock will be worth at the end of a certain time period. Receive Caterpillar Inc . News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caterpillar ... Read More

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Volkswagen looks towards possible sale of motorbike brand Ducati

Volkswagen looks towards possible sale of motorbike brand Ducati

According to Reuters , Volkswagen has already approached potential buyers however a final decision of the fate of Ducati is still pending. VW-owned Audi acquired Ducati for around 860 million Euros (over Rs 6,000 crore) in 2012. Harley Davidson, Suzuki, Honda and Kawasaki could also be interested. However, since then, Ducati has been profitable - posting sales of US$588 million for 2016. Read More

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American Airlines tops 1Q profit views; unveils pay boost

American Airlines tops 1Q profit views; unveils pay boost

In a press release statement AA Chairman and CEO Doug Parker said, "We are excited about the long-term prospects for American Airlines , and our first-quarter results only serve to reinforce our enthusiasm". The decline came despite a 2% increase in operating revenue and was driven by a 36.2% jump in fuel costs and a 6.5% increase in salaries and wages. Other airline stocks such as United Continental and Delta Airlines, both down about 3 percent, fell in sympathy. Read More

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Trump keeps mum about ousted adviser Flynn

Trump keeps mum about ousted adviser Flynn

Trump previously praised Flynn as "a wonderful man" and at one point blamed the media for his decision to oust Flynn. The Trump administration maintains that Flynn was sacked from his post as national security adviser in February after he misled Vice President Mike Pence about phone calls with Russian officials that occurred on the same day sanctions were placed on Russia related to election interference efforts. Read More

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