Thursday September 19-th, 2019

BB&T Corp Trims Holdings in Constellation Brands, Inc. (NYSE:STZ) BB&T Corp Trims Holdings in Constellation Brands, Inc. (NYSE:STZ)

Institutional investors own 70.61% of the company's stock. Investors looking for growth stocks may be willing to shell out a little more for a stock that has the possibility of increasing EPS at a quicker pace. The stock of Constellation Brands, Inc...

The cheapest gas in 3 years The cheapest gas in 3 years

That price is 24 cents lower than Labor Day 2018 and 4 cents lower than Labor Day 2017. Iowa's less than that, with an average price of $2.42 per gallon. Summer-blend gasoline is more expensive to produce than winter-blend, because the EPA requ...

Virgin to cut 750 jobs on full-year loss

The airline's A$349.1 million (S$326 million) loss for the year ended June was "disappointing and underscored the need for change", Mr Scurrah said in the statement. "Decisions like this which have a direct impact on our people's livelihoods are neve...

Big ticket cabinet decisions: FDI norms relaxed Big ticket cabinet decisions: FDI norms relaxed

There was no specific provision for contract manufacturing in the policy. Clarity around this fast-growing segment of the media industry will act as an enabler for capital infusion. It will be counted as an average of the total value of the goods pur...

China isn’t planning immediate retaliatory tariffs China isn’t planning immediate retaliatory tariffs

Pat Toomey, an outspoken critic of Trump's tariffs, told Politico in a story published Thursday that "there's no question" the President's trade war is weighing on the economy. U.S. Customs and Border Protection will also start collecting a 15 per ...

Not Launching a Cryptocurrency in November: China’s Central Bank Not Launching a Cryptocurrency in November: China’s Central Bank

The statements follow a day of extensive coverage stating that the central bank would give the first set of digital yuans to a handful of financial players in the Chinese industry. The director added that their digital currency would replace cash i...

Ex-VW Group head Ferdinand Piech passes away Ex-VW Group head Ferdinand Piech passes away

Piech deceased "suddenly and unexpectedly" at the age of 82 in a hospital in the city of Rosenheim, his wife Ursula Piech wrote in a letter after his death. In 1963, Piech went to work for his uncle Ferry at Porsche in Stuttgart, where he later bec...

KFC Testing Beyond Fried Chicken KFC Testing Beyond Fried Chicken

Earlier this month , KFC gave away free chicken and fries to students showing their A-Level results who purchased a Krushems milkshake. Since demands of plant-based alternative meats had been sky-rocketing in recent past over the narratives of an...

Calvin Ayre Falsely Claims Court Ruled Craig Wright Invented Bitcoin Calvin Ayre Falsely Claims Court Ruled Craig Wright Invented Bitcoin

Back in 2018, the brother of now-deceased David Kleiman filed a lawsuit against Craig Wright . In his order, Judge Bruce Reinhart scoffed at the notion that Wright 'is a latter-day Dr. (Wright is being sued by Ira Kleiman - bother of Wright's ...

Google to shut down online job service `Hire` in 2020 Google to shut down online job service `Hire` in 2020

The company said while there will be no further development of the platform it will be maintained until it shuts down. Through Google Hire , employers could search for applicants, schedule interviews and provide feedback to potential hires.

US Fed should help defeat Trump in 2020: ex-Fed official US Fed should help defeat Trump in 2020: ex-Fed official

Dudley argued that if the ultimate goal is achieving a healthy economy, then the central bank should consider not cutting rates to cushion the economy from the adverse effects of Trump's trade war. I see this as a veiled reference to the trade war, a...

Royal Bank Scotland Group Plc (RBS) Elder Force Signal Dips Below Zero

Investors are constantly trying to make smart moves in the stock market. Taking stock of personal strengths and weaknesses can help the investor attack the market with heightened focus. Beta is a measure of a stock's volatility in relation to the m...

German business confidence declines to 7-year low German business confidence declines to 7-year low

Frederik Ducrozet, senior economist at Pictet Asset Management, said Germany's manufacturing sector was already in recession territory, which has led to "spillover" effects in the rest of the domestic economy this summer. "We are facing a recession",...

Tobacco giants Philip Morris International and Altria in merger talks Tobacco giants Philip Morris International and Altria in merger talks

Shares in Altria jumped more than 11pc in NY, while Philip Morris fell more than 6pc. A reunification would combine two of the most popular smoking alternative products: IQOS and Juul. HMS Capital Management LLC purchased a new position in P...

The BMW X6 Gets a Vantablack Makeover The BMW X6 Gets a Vantablack Makeover

This BMW X6 is the only vehicle in the world to feature a Vantablack VBx2 paint finish, and is contrasted with design highlights like the optional Iconic Glow kidney grille and its standard lighting systems. It took the BMW X6 and its unique, e...

Government Approves Addition Of 15,700 MBBS Seats In 75 New Colleges Government Approves Addition Of 15,700 MBBS Seats In 75 New Colleges

On FDI in single brand retailing, the Cabinet has expanded the definition of mandatory 30 per cent domestic sourcing norm. Apple does not operate retail stores in India and hence this would enable it to start selling products online.

UK PM Boris Johnson to suspend parliament until October 14 UK PM Boris Johnson to suspend parliament until October 14

He said: "I think the decision to prorogue for five weeks is constitutionally wrong and frankly outrageous". Does it result in a deal from Europe? "If that is three green lights down the railway track in a row, people will hail Boris Johnson as a...

Berkshire Hathaway Inc. (:BRK-B) Buckles Under The Trend Lines Berkshire Hathaway Inc. (:BRK-B) Buckles Under The Trend Lines

Rushing into trades to try and cover recent losses may also leave the trader on the outside looking in. Investors are typically scoping out the next great stock choice. There may be occasions when a stock goes through the roof without any notice....

Wall Street rises as Trump holds out China trade hope Wall Street rises as Trump holds out China trade hope

Oil prices rose on Monday after the United States and China both suggested they could ease up in a trade war that has undermined the outlook for the global economy and for crude demand. The move outraged Trump, who responded by raising tariffs on a...

Ireland criticises suspension of British parliament Ireland criticises suspension of British parliament

In London on Tuesday, British opposition parties said they would try to pass a law which would force Johnson to seek a delay to Brexit and prevent a potentially chaotic no-deal exit on Oct 31. The government has committed to taking legislation thro...

Central Bank Fund Transfer Could Pave Way for Stimulus Central Bank Fund Transfer Could Pave Way for Stimulus

Meanwhile, the rupee strengthened to 71.82 a buck up 0.28percent from the previous close of 72.020, although the benchmark equity index Sensex climbed 0.44percent to 37,658.48 points. Former RBI chief Urjit Patel had resigned amid reports of rifts. ...

Shoppers overcrowd U.S. store on opening day in China Shoppers overcrowd U.S. store on opening day in China

Costco's offline expansion in China comes as a lengthening list of Western retailers retreat from the market due to rising competition from domestic pure-play retailers and internet giants. She said quality foods enticed her to travel the 40 kilom...

US Fed should help defeat Donald Trump in 2020: Ex-Fed official US Fed should help defeat Donald Trump in 2020: Ex-Fed official

A few hours after Dudley's column appeared, the president tweeted his latest attack on the nation's central bank. "Germany is actually "getting paid" to borrow money - ZERO INTEREST PLUS!" "He noted that monetary policy can not 'provide a settled...

Contigo recalls 5.7 million kids water bottles due to potential choking hazard Contigo recalls 5.7 million kids water bottles due to potential choking hazard

The Contigo bottles' clear silicone spout can detach, rendering it a possible choking hazard, according to the Consumer Product Safety Commission . No injuries have been reported. The bottle was sold at Costco, Walmart , Target and other stores n...

Gold, US Treasuries rise as recession, trade fears rattle investors Gold, US Treasuries rise as recession, trade fears rattle investors

This will be the first auction since the financial crisis for investors to buy a 2-year note sporting a higher yield than the benchmark 10-year note. On Tuesday, that pulled the yield of the 10-year Treasury below that of the two-year Treasury.

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