Markets

Teva Stock Drops 24% on Q2 Earnings Miss

Teva Stock Drops 24% on Q2 Earnings Miss

If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. During the same quarter a year ago, the business posted $1.25 EPS. The stock of Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA ) has "Outperform" rating given on Wednesday, April 5 by Cowen & Co. Read More

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Dow Jones soars past 22000 points as Apple shares spike

Dow Jones soars past 22000 points as Apple shares spike

Shares of Archer Daniels Midland climbed after the United States agricultural merchant reported better-than-expected earnings , bolstered by margins on sweetener and starches as well as on corn ethanol. Nasdaq posted the slightest performance among USA indices, down 0.42% to 6348.12 points. WALL STREET : U.S. stocks finished higher on Tuesday. Read More

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Teen Jumps Out Of Plane's Emergency Exit Onto SFO Tarmac

Teen Jumps Out Of Plane's Emergency Exit Onto SFO Tarmac

He was confronted by construction staff working nearby and held until police arrived to arrest him. "It was as if he was like flying out, like it was really fast", passenger Sophia Gibson of San Jose, California told broadcaster KNTV. "It was pretty insane". Other passengers said the teen appeared fidgety and anxious during the seven-hour flight from Panama City. The American Airlines flight 5242 was preparing for takeoff from the terminal at Charlotte Douglas International Airport. Read More

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Discovery agrees up to US$9.6bn loan for Scripps buy

Discovery agrees up to US$9.6bn loan for Scripps buy

More interesting news about Discovery Communications Inc. FMR LLC increased its position in shares of Discovery Communications by 48.5% in the fourth quarter. Zacks Investment Research upgraded Discovery Communications from a "hold" rating to a "buy" rating and set a $29.00 price target on the stock in a research note on Thursday, July 20th. Read More

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Eurozone GDP growth ticks up to 0.6% in Q2; euro steady

Eurozone GDP growth ticks up to 0.6% in Q2; euro steady

Growth in the eurozone accelerated slightly in the second quarter of 2017 as Europe's tentative economic recovery remained on track, official European Union data showed on Tuesday (Aug 1). Meanwhile, the euro zone economy has picked up speed, bolstered by higher business optimism, strong domestic consumption and decreasing unemployment, which in June reached its lowest level since 2009. Read More

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Diesel emissions fraud: Volkswagen exec to plead guilty

Diesel emissions fraud: Volkswagen exec to plead guilty

U.S. prosecutors and lawyers for Oliver Schmidt , a German national, told U.S. District Judge Sean Cox in Detroit that Schmidt had chose to plead guilty, the court said Tuesday. It wasn't immediately clear whether Schmidt is still employed by the company. "USA prosecutors have amassed more than 4.3 million documents covering more than 40 million pages in the ongoing probe". Read More

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Bank of America picks Dublin for European Union hub

Bank of America picks Dublin for European Union hub

BofA chief executive Brian Moynihan said the build-up in the Irish capital would come from a combination of new hires and staff moves from its London offices. Earlier this week, Andrew Bailey, chief executive of City regulator the Financial Conduct Authority, said financial firms were getting near to the point where they would have to take steps to move staff and other measures to ensure they can continue to operate seamlessly once the United Kingdom leaves the EU. Read More

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Lyft is following Uber into self-driving cars

Lyft is following Uber into self-driving cars

Lyft's self-driving headquarters will be called the Level 5 Engineering Center, named for the level of self-driving that is entirely autonomous, compared to cars that require some human attention. Lyft officials also hinted that the company will announce another partnership in the near future. Sensors can be mounted on these cars to collect location information that helps Lyft build high-definition maps for autonomous driving, and the sheer size of the company's network could help it ... Read More

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Facts About Bharat Arun Every Indian Cricket Fan Should Know

Facts About Bharat Arun Every Indian Cricket Fan Should Know

While they have been doing a decent job on field, it's the off-field fiasco's that have dominated the headlines. "That's something I have focussed on the past couple of months", he said in a Mumbai hotel on Wednesday (July 19). Australia's Patrick Farhart and Shankar Basu also retained their positions as physio and trainer respectively, for the same two-year period until the conclusion of the 2019 World Cup. Read More

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Private Lenders Struggle to Prove Ownership of Student Loans in Court

Private Lenders Struggle to Prove Ownership of Student Loans in Court

The National Collegiate Student Loan Trusts , one of the country's biggest owners of private student loans, is reportedly at the center of the lawsuits. National Collegiate must prove ownership of the loans or risk having their cases for recovery dismissed. This is similar to what happened in the 2000s during the subprime mortgage crisis, when judges ruled in favor of borrowers, saying the companies could not collect subprime mortgage loans because the documents were either missing or forgeries. Read More

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Ann Coulter vs. Delta: The Internet Takes Sides

Ann Coulter vs. Delta: The Internet Takes Sides

The experience was definitely complaint worthy; the 55-year-old said she was moved from her pre-booked, pre-paid seat with extra room to a more cramped seat on a flight from New York City to West Palm Beach, Florida. Some time after her flight from NY landed Friday, Coulter began to publicly expose the indignities she had documented on board. Across the United States and much of the world, this is a time of terminal brawls and pre-takeoff walkouts, as frustrated passengers fight back against ... Read More

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India rejects China's mediation offer on Kashmir

India rejects China's mediation offer on Kashmir

Opposition leaders were told about the situation along the Sino-Indian border and Jammu and Kashmir and the government action, officials said. Earlier too, Chinese media and government spokespersons have recalled the 1962 war between India and China , as a warning, since the stand-off between the two countries in Doklam, in the Sikkim region, sparked tensions in mid-June. Read More

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Flash flood watch in effect

Flash flood watch in effect

Buffalo received 2.29 inches, enough to break the July 13 record of 1.86 inches, set in 1956. Today's sunrise is at 6:09 a.m., and today's sunset is at 9:09 p.m. Flash flooding of urban areas, particularly viaducts and underpasses, will be possible. A flash flood watch continues for much of western and central NY into this afternoon. Read More

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Mithali Raj breaks record for most runs in Women ODIs

Mithali Raj breaks record for most runs in Women ODIs

Late last month, Mithali also became the only batswoman to score 7 consecutive half-centuries in global matches after she slammed 71 against England in the ongoing World Cup. Perry also scores an unbeaten half-century. Throughout her illustrious career, Mithali has swept across records at will and the saga started from her very first ODI in India colours. Read More

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Wanda deal boosts Sunac China's stock price

Wanda deal boosts Sunac China's stock price

The surprise sale gives Wanda possible revenue to pay down debt that has soared during an aggressive expansion into entertainment, tourism and other consumer businesses. There have been no signs - yet - that Wanda intends to retreat from its significant investments in movie theaters and Hollywood production companies. Read More

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Oil rises slightly, but growing global supply a worry

Oil rises slightly, but growing global supply a worry

Amidst rising US production, the market largely ignored a 6.3 million - barrel slump in USA crude inventories last week to 502.9 million barrels, the lowest since January. The two countries have been invited to a joint meeting between OPEC and non-OPEC on July 24 in St Petersburg, Russia. He said, " Venezuela's 2 million barrels of oil a day could literally go any day; Mexico looks poor; Azerbaijan's in trouble; China's own production is collapsing rapidly". Read More

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'Spider-Man: Homecoming' swings to big box office opening

'Spider-Man: Homecoming' swings to big box office opening

Of all the superheroes to receive the big-screen treatment, Spider-Man is right up there with Batman when it comes to the number of movies-and unrelated movie continuities-he has been portrayed in. All you need to do to win is fill in the form below and tell us how YOU unleash your inner Spider-Man. Sony managed distribution and marketing, while Kevin Feige and Marvel Studios handled the creative side. Read More

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Iran Comes 15th at FIBA U-19 World Cup

Iran Comes 15th at FIBA U-19 World Cup

Trailing 12-11 after Isaac Bonga hit a 3 for Germany, the US scored six straight points to regain the lead, and following a basket from Josh Okogie (Georgia Tech) with two seconds remaining the quarter, the United States of America had a 19-13 lead after the first 10 minutes. Read More

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U.S. urges Russian Federation to reverse its actions in Ukraine

Kiev and its European allies have been alarmed by Mr Trump's determination to improve relations with the Kremlin, despite its role in Ukraine and alleged meddling in last year's USA presidential election campaign. Tillerson told reporters Sunday that the U.S.is going to have a dialogue on how to gain such assurances from their Russian counterparts, adding "the important thing is how do we assure that this doesn't happen again". Read More

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SoundCloud cuts 40% of its staff, closes London & San Francisco office

SoundCloud cuts 40% of its staff, closes London & San Francisco office

Though now up to 175 million subscribers, SoundCloud's indie clout hasn't led to almost the kind of financial success as competitors like Spotify . SoundCloud previously raised $100m in June 2016 in a round that included Twitter Ventures. However, the future of SoundCloud has been a debate for quite some time due to the struggles of the company to find a source of revenue that is reliable. Read More

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There Can Be A Window To Deposit People's Hard Earned Money-SC

There Can Be A Window To Deposit People's Hard Earned Money-SC

Well, as of now the government has agreed on the guidelines of the apex court that it is ready to examine "the genuineness of each case" involving people who still have old currency notes . Following the announcement of demonetizing currency notes worth Rs. 500 and 1,000 in November past year, the Government had instructed people to deposit their old currency notes with the RBI till December 30, 2016. Read More

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