Finance

Finance BoE: Major UK Banks Clear 2017 Stress Test
Author: 0 BoE: Major UK Banks Clear 2017 Stress Test

The BOE said it would raise a special buffer half a percentage point, to 1 percent, in order to lock in capital that banks are now holding voluntarily. The hope is that banks would be better placed to endure against any potential macroeconomic ramifications beyond Brexit, the bank said. Shares in Lloyds Banking Group (LON:LLOY) have slipped marginally into the red as the Bank of England (BoE) unveiled the results from its latest stress test.

Author: 0 Brokers Opinions on: Rite Aid Corporation (NYSE:RAD)

Technical Analysis: The Company has the market capitalization of $1.69B. As per Monday, October 12, the company rating was maintained by FBR Capital. They expect $-0.02 EPS, down 200.00% or $0.04 from last year's $0.02 per share. EPS Estimate for the next year is 0.06. Rite Aid Corporation most recently reported earnings per share (EPS) of -$0.01 for the August 2017 versus $0.01 in the same quarter a year ago, representing -200% growth.

Finance Telecom regulatory authority allows free and fair access to internet in India
Author: 0 Telecom regulatory authority allows free and fair access to internet in India

Telecom sector watchdog TRAI on Tuesday issued its recommendations regarding the much debated issue of net neutrality . TRAI first made a decision to deal with the issue of differential pricing of data access. OTT is an application which is accessible over the Internet and companies offering this services ride on operator networks that offer Internet access services such as social networks, search engines and video aggregation sites.

Finance Outlining the overall picture in today's market for: Wells Fargo & Company
Author: 0 Outlining the overall picture in today's market for: Wells Fargo & Company

WFC's SI was 30.33 million shares in November as released by FINRA. The company has market cap of $117.65 million. Moreover, Advisors Asset Management Inc. for 454,761 shares. Among new and sold out positions, 80 holders initiated new positions by a total of 23.19 million shares and 120 holders exited their positions by a total of 16.78 million shares.

Finance Moscow dismisses reports of Russian strikes on Syrian village
Author: 0 Moscow dismisses reports of Russian strikes on Syrian village

The strikes hit the village of Al-Shafah, on the eastern bank of the Euphrates River, in the early hours of Sunday morning, Britain-based Syrian Observatory for Human Rights said, according to AFP. The monitor had initially given a death toll of 34 civilians but the number spiked after more bodies were recovered. The Syrian Observatory, which relies on a network of sources inside Syria, also said residential buildings were hit and that 21 children were among the fatalities.

Finance Prosecutors say Chinese cyber firm was front for hackers
Author: 0 Prosecutors say Chinese cyber firm was front for hackers

Three Chinese citizens have been charged by a United States court with hacking attacks on global corporations. The men are accused of sending phony emails that look legitimate in order to hack into corporate computers across the world. The acting USA attorney for Western Pennsylvania, Soo C. Song, said arrest warrants had been issued for the three men, but the case was not being prosecuted as state-sponsored hacking.

Finance NBN Co suspends HFC rollout
Author: 0 NBN Co suspends HFC rollout

Fibre to the Premises (FTTP), Fibre to the Node (FTTN), Fibre to the Curb (FTTC), Fibre to the Basement (FTTB), Satellite, Fixed Wireless and also HFC (Hybrid Fibre Coaxial). If you are in an area set to get HFC, and haven't already - this means you're going to be waiting at least six months longer for your NBN . Delays could be up to 9 months from what you had expected.

Finance Florida gas prices poised to rise as OPEC considers production cuts
Author: 0 Florida gas prices poised to rise as OPEC considers production cuts

Including the change in gas prices in Pennsylvania during the past week, prices Monday were 42.9 cents per gallon higher than the same day one year ago and are 9.1 cents per gallon higher than a month ago. In fact, current prices rank five of the regions states as the top most expensive states in the country: Alaska ($3.26), Hawaii ($3.24), California ($3.19), Washington ($2.99) and OR ($2.84).

Finance United Kingdom drone owners to sit safety test before flight
Author: 0 United Kingdom drone owners to sit safety test before flight

Police could also get new powers to ground and seize drones if they suspect they had been used in criminal activity. The new drone bills is set to be publishing in spring 2018. While police are already using guidelines from government bodies regarding drone usage (like the Civil Aviation Authority), the new bill is created to make their legal powers much clearer.

Finance Court blocks Uber ride-sharing in Israel
Author: 0 Court blocks Uber ride-sharing in Israel

At Monday's hearing, Judge Eitan Orenstein criticized Uber on that initiative, including issues of insurance and pricing, which he said do not reflect a reimbursement of expenses but a real payment. "We are committed to continuing to cooperate with the authorities, to examine how our technology can provide reliable, cost-effective and safe transportation options", Uber Israel said in a statement.

Finance LG G7 could arrive in January to challenge Samsung's Galaxy S9
Author: 0 LG G7 could arrive in January to challenge Samsung's Galaxy S9

The Samsung Galaxy S8 has been out for a while and, as inevitably happens, we are now hearing lots of information about the next Galaxy flagship. For comparison, the original Galaxy A8 came with a 5.7-inch sAMOLED display with a resolution of 1920 x 1080 pixels.

Author: 0 United States shopping season starts with record high online sales

Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts and bought more on their mobile devices, heralding a promising start to the key holiday season, according to retail analytics firms.

Finance Bitcoin flirting with record $10 000 price high
Author: 0 Bitcoin flirting with record $10 000 price high

The digital currency climbed above $8,700 to a record high Saturday following increased investor interest around the U.S. Thanksgiving holiday and Black Friday shopping. As per Coinmarketcap data, currently, this digital currency is trading at $9642.67. If you've been following cryptocurrency news over the past few months, then you know that Bitcoin has been on an incredible winning streak.

Finance Time Inc. sells itself to Meredith Corp., backed by Koch brothers
Author: 0 Time Inc. sells itself to Meredith Corp., backed by Koch brothers

While an acquisition would keep one of the US' best-known magazine publishers afloat (it's responsible for Fortune and Sports Illustrated in addition to its namesake mag), there are worries about what this would mean in a country where media consolidation is becoming an increasing concern.

Finance Hooda, Khattar in verbal duel over honouring Miss World
Author: 0 Hooda, Khattar in verbal duel over honouring Miss World

She was presented the crown by Stephanie Del Valle, the last year's Miss World victor from Puerto Rico at the event in Sanya City Arena in China after she competed with women from over 108 nations. Both her parents are doctors. Apart from the title, Chhillar also won the Beauty with Purpose Award. This win comes after long 17 years after Priyanka Chopra won the crown in 2000.

Finance Opec oil supply cuts get backing from Russian Federation
Author: 0 Opec oil supply cuts get backing from Russian Federation

Novak, for his part, said on Friday in a television interview posted on the energy ministry's website that some 50 percent of the global oil oversupply had been erased and Brent prices had risen to an "acceptable enough" level of more than $60 a barrel.

Finance SWLA celebrates Small Business Saturday
Author: 0 SWLA celebrates Small Business Saturday

Beginning on Saturday, November 25th until December 24th, Downtown Helena is asking shoppers to take a selfie with their purchase in front of the local business and use the hashtag '#PerfectGiftHelena'. Finally, small businesses offer a more unique product. Shoppers in downtown West Reading can start their Saturday at 9 a.m. with coffee and doughnuts at Benchwarmers, 400 Penn Ave.

Finance Rush falls on Black Friday as USA shops online
Author: 0 Rush falls on Black Friday as USA shops online

They hit sales at stores throughout Tulsa until about midnight on Thursday and woke up around 5 a.m. Friday to get back at it. Personal finance website WalletHub reported that this year's Black Friday discounts aren't quite as good as those of the last couple of years, with average nationwide discounts of a little more than 37 percent, compared with around 39 percent last year and 40 percent the year before.

Finance Stores offering Black Friday deals a day early
Author: 0 Stores offering Black Friday deals a day early

People gather at the Broadway entrance of Macy's Herald Square store ahead of early opening for the Black Friday sales in Manhattan, New York. This is the second year Parkway Place Mall was closed on Thanksgiving day. One group said they started at 9 p.m. Thursday night. "Everybody's shopping online now". Online shoppers spent $1.52 billion on Thanksgiving Day, with smartphones accounting for 46 percent of all traffic to US retail websites, according to Adobe Analytics data .