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Maiden flight of first China-made passenger plane important in aviation

China's own C-919, built in Shanghai took off on its maiden flight from the city's Pudong airport on Friday afternoon, following a brief, if not low key ceremony. Six C919 jets, the nation's first domestically developed single-aisle passenger aircraft, will be assembled for the flying tests before its commercial operation, which is scheduled around 2020, said Fu Guohua, deputy chief designer for C919. Read More »

Home Capital eyes disposals to address funding issues

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The company has scheduled a conference call with analysts this morning, followed by Home Capital's annual meeting of shareholders in Toronto. The prospect of a takeover or asset sales are being closely watched by financial markets after Home Capital was hit last month by allegations from staff at Ontario's securities watchdog that the lender misled investors in its handling of a scandal involving falsified loan applications. Read More »

UCO Bank says RBI begins "corrective action" over high bad loans

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New Delhi, May 12 Shares of ORIENTAL BANK OF COMMERCE (OBC) today slumped nearly 7 per cent after the company reported a net loss of Rs 1,218 crore for last quarter ended March 2017. Gross NPAs or bad loans were 13.73 per cent as a percentage of gross advances at the end of March, up from 9.57 per cent a year ago. It reported that its gross NPAs soared by 1.6 per cent from Rs. Read More »

Rodjay Burns announces transfer to Louisville

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In the post, the native of Louisville cited his father's health as the reason he made a decision to transfer closer to home. Jonathon Cooper (18) and Rashod Berry (13) walk out of the endzone after Burns' rushing touchdown during the first game of the 2016 season against Bowling Green on September 3 at Ohio Stadium. Read More »

Snap takes big loss in 1st quarter

Nevertheless, Snap Inc's performance for the Q1 of 2017 has majorly disappointed many investors and analysts. "Snap's option activity was bullish last week, but the bears came out in greater force just two days before earnings", said David Russell, senior manager at online broker E*Trade in Chicago. Read More »

Aadhaar not a must for PAN, ITR in Assam, J&K, Meghalaya

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In an advisory to all taxpayers, IT Dept said : "After verification from the UIDAI [Unique Identification Authority of India], the linking will be confirmed". Taxpayers are requested to use the simplified process to complete the linking of Aadhaar with PAN immediately. This will be useful for E-Verification of Income Tax returns using OTP sent to their mobile registered with Aadhaar . Read More »

Sell-Side Analyst's Predictions: Helmerich & Payne, Inc. (HP), GameStop Corp. (GME)

It has underperformed by 21.35% the S&P500. Ladenburg Thalmann Financial Services Inc. now owns 4,572 shares of the company's stock valued at $116,000 after buying an additional 2,754 shares during the last quarter. Investors sentiment increased to 0.97 in 2016 Q4. "Outperform View" rating was revealed by 1 and "Underperform Signal" rating was issued by 0. GameStop Corp. Read More »

Switching sides, BlackRock says supported climate change report at Occidental Petroleum

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Apriem Advisors now owns 1,522 shares of the oil and gas producer's stock valued at $111,000 after buying an additional 302 shares in the last quarter. 95 funds opened positions while 291 raised stakes. Its up 0.67, from 0.83 in 2016Q3. Vnbtrust National Association reported 3,225 shares. Occidental Petroleum Corporation (OXY) belongs to the "Basic Materials" sector with an industry focus on "Independent Oil & Gas", with Ms. Read More »

US laptop ban could be extended to flights from UK

The current ban on Middle Eastern flights covers only nonstop flights to the USA coming from 10 airports in the Middle East and North Africa - including a few of the busiest transit hubs in the world: Istanbul, Turkey, and Dubai in the UAE. Read More »

(NASDAQ:SFM) Valuation According To Analysts

Last session Sprouts Farmers Market, Inc. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.04. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the company. Read More »

US may ban laptops on all flights from Europe

This would be an expansion of a policy enacted in March in which passengers traveling from 10 airports in the Middle East and Africa were forced to put their large electronics devices in checked baggage for fear of terrorist attacks . Two airline officials who were briefed on the discussions said Homeland Security gave no timetable for an announcement, but they were resigned to its inevitability. Read More »

South Koreans hope to resume business at joint factory park

Many nuclear and missile tests later, Bush's prophecy has come to pass. In addition to the U.S. Navy presence, President Trump's approach to North Korea's provocations has also included cutting off financial aid to Kim Jong-un's regime, as well as foiling missile launches with advanced digital disruption technology. Read More »

Citigroup Inc Reiterates "Buy" Rating for Graphic Packaging Holding Company (GPK)

Graphic Packaging Holding Company (NYSE:GPK) has risen 3.91% since October 5, 2016 and is uptrending. It has outperformed by 16.24% the S&P500. Finally, Goldman Sachs Group Inc lowered shares of Graphic Packaging Holding Company from a "conviction-buy" rating to a "buy" rating and set a $15.50 price target for the company.in a research report on Friday, January 27th. Read More »

Bieber fever grips India ahead of first concert

We are indeed talking about the global singing sensation Justin Bieber, who had visited India as a part of his "Purpose" tour. The organisers were also accused of mismanagement. We often hear stories about the misdemeanor carried by the Canadian pop star, but songs of praises about him somewhere get buried in the noise. But that did not dampen the spirits of the fans, popularly known as Beliebers, who chose to follow the concert on TV and social media. Read More »

USA rig count rises 8 this week to 885; Texas up 8

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They reached the unprecedented agreement, which kicked in this year, in November to reduce the global oversupply of oil that crashed prices. Meanwhile, the company's US offshore count climbed by two this past week after a two-rig gain in the previous frame. Read More »

Norges Bank Invests $3.108 Million in MedEquities Realty Trust Inc (MRT)

With 45,300 avg volume, 15 days are for FB Financial Corporation (NYSE:FBK)'s short sellers to cover FBK's short positions. It increased, as 9 investors sold Cedar Realty Trust Inc shares while 42 reduced holdings. The firm has "Outperform" rating by CLSA given on Thursday, August 6. The stock presently has a consensus rating of Buy and a consensus price target of $57.58. Read More »

Snapchat continues to tumble as growth remains elusive

Notably, the company added only 5 million active daily users in fourth-quarter 2016, as well as last quarter, which happens to be the lowest since third-quarter 2014. Cramer's comment came a day after Spiegel laughed when asked by an analyst during an earnings conference call whether he was afraid of Facebook . It's essentially not a social networking application like Facebook or WhatsApp. Read More »

Himax Technologies, Inc. (NASDAQ:HIMX) Valuation According To Analysts

The stock notched a 12-month high of $9.41 while $12.00 target is by far the most aggressive out of analysts who are now evaluating the company, $2.59 higher than the next highest 52-week price estimate. purchased a new position in shares of Himax Technologies during the first quarter worth about $148,000. During the same quarter in the previous year, the business posted $0.08 EPS. Read More »

Recent Movements of Stock: Halliburton Company's

BIOLASE Inc (NASDAQ:BIOL) has declined 28.74% since September 29, 2016 and is downtrending. It has underperformed by 10.62% the S&P500. The fund owned 7,340 shares of the oilfield services company's stock after buying an additional 20 shares during the period. Read More »

Azerbaijan's biggest bank suspends some debt repayments (GLE, CBQK, CBK)

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The Ministry of Finance says that the steps taken to restructure, replace the obligations of the IBA with state obligations (for this goal, issuance of government bonds denominated in foreign currency is provided to creditors), the government's approval of the restructuring plan are important steps to improve IBA, created to increase confidence and support creditors. Read More »

Conatus Announces Pricing of Public Offering of Common Stock

The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.The oil and gas services company posted revenue of $168 million in the period, which did not meet Street forecasts. This shows a surprise factor of 36.4%. Conatus Pharmaceuticals Inc. (CNAT ) has the market capitalization of $151.25 Million. The stock appeared -82.79% below its 52-week highs and is up 24.20% for the last five trades. Read More »

Pyongyang unveils satellite photos of Thaad in S.Korea

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Mr Moon told President Xi Jinping that North Korean provocations had to stop before the deployment of the Terminal High Altitude Area Defence (Thaad) system could be reconsidered. Moon said during the campaign for this week's snap election that he wanted to review that decision. He and Xi agreed to exchange special envoys soon and Moon said he also planned to send a delegation to Beijing to discuss the North Korean nuclear problem and the THAAD deployment, according to Yoon. Read More »