Morgan Stanley Profit Beats Estimates on Trading Boost

The backdrop is, of course, Morgan Stanley's and the industry's pivot from commission-based accounts to fee-based accounts. In total 15 analysts cover Morgan Stanley (NYSE:MS). Lingohr & Partner Asset Management GmbH bought a new stake in share... More..

by | Published 8 hours ago
Woolworths checkouts hit by national outage
by | Tuesday, April 17, 2018

Woolworths checkouts hit by national outage

UPDATE 4.50PM: STAFF at Wooloworths Caneland Central are unloading shopping trolleys full of stock abandoned at registers this afternoon. As usual, customers took to social media to vent their frustrations a...More..

Report raises questions about safety of Allegiant Air
by | Tuesday, April 17, 2018

Report raises questions about safety of Allegiant Air

Public documents show an alarming number of aborted takeoffs, unscheduled landings , and even smoke and fumes billowing inside the cabin, among others. We asked Fort Myers pilot Bo Gilham, who's been flying pl...More..

Volkswagen Contemplates Changing CEO in Reshuffle
by | Sunday, April 15, 2018

Volkswagen Contemplates Changing CEO in Reshuffle

The company said in a statement that it would group all its brands and management functions into six broad business areas plus China. It is not clear to what extent any restructuring plans for the Volkswagen...More..

IPL 2018: Winless Mumbai Indians and Daredevils hope to make a point
by | Sunday, April 15, 2018

IPL 2018: Winless Mumbai Indians and Daredevils hope to make a point

Suryakumar, on the other hand, was trapped in front of the wickets by Tewatia but not before registering his half-century. The live match IPL 2018 Mumbai Indians vs Delhi Daredevils will be broadcasted on...More..

Live Scorecard for IPL T20 KKR vs SRH
by | Sunday, April 15, 2018

Live Scorecard for IPL T20 KKR vs SRH

Then, Shakib also issued a stunning fightback and he slammed couple of fours and one huge six off the bowling of Andre Russell to put Hyderabad firmly in control of the match. But post the interruption, Hyder...More..

YouTube may be illegally collecting kids' data
by | Wednesday, April 11, 2018

YouTube may be illegally collecting kids' data

The distinction between its main product and YouTube Kids is significant because of the rules on disclosure and parental consent that kick in for sites with "actual knowledge" that they are trafficking in the...More..

Stocks whipsaw as US proposes more China tariffs
by | Tuesday, April 10, 2018

Stocks whipsaw as US proposes more China tariffs

Washington and Beijing's game of chicken is wearing on Wall Street. 'These potential trade wars are not good for the market, ' said Stephen Massocca, senior vice president at Wedbush Securities in San Franc...More..

USA ease past Belgium into Davis Cup semi-finals
by | Monday, April 09, 2018

USA ease past Belgium into Davis Cup semi-finals

Ferrer needed almost five hours to defeat Kohlschreiber 7-6 (1), 3-6, 7-6 (4), 4-6, 7-5 at the packed bull ring in Valencia, guaranteeing Spain's return to the semifinals for the first time since 2012. John Isn...More..

Fed's Bostic sees two more interest-rate hikes this year
by | Saturday, April 07, 2018

Fed's Bostic sees two more interest-rate hikes this year

Normally, a hike in interest rate in the U.S. does not augur well for the emerging markets and commodities. Stocks rallied after the announcement. The policy move leaves central bankers with room to assess ...More..

If US wants a trade war, China is ready to fight
by | Thursday, April 05, 2018

If US wants a trade war, China is ready to fight

West Texas oil fell as commodities were roiled by the growing trade dispute, while emerging-market stocks tumbled and their currencies dropped. "If the US decides to increase intensity, China will surely fo...More..

Apple May Ditch Intel And Start Using Their Own Chips
by | Tuesday, April 03, 2018

Apple May Ditch Intel And Start Using Their Own Chips

The stock decreased 2.75% or $4.4 during the last trading session, reaching $155.39. About 15.77M shares traded. It has outperformed by 6.18% the S&P500. Petrus Trust Co Lta reported 1.35% in Intel Corporati...More..

Trump blasts Amazon for hurting the postal service. Is that true?
by | Monday, April 02, 2018

Trump blasts Amazon for hurting the postal service. Is that true?

The president would love to clip CEO Jeff Bezos wings. The president's jab comes as the solicitor general, who represents the federal government before the U.S. Trump's attacks on Amazon reflect a broader d...More..

Valpak is rewarding consumers with $100 checks
by | Saturday, March 31, 2018

Valpak is rewarding consumers with $100 checks

They could contain $100! When all was said and done, just six checks were cashed and the other ones probably saw their way into the trash. The checks are made out to "cash" and company officials say no purc...More..

Nissan and Renault Talking Merger
by | Friday, March 30, 2018

Nissan and Renault Talking Merger

A deal would end the current alliance between the companies and marry them as one corporation, is what is learnt by people in the know. Shares in French automaker Renault shifted up several gears yesterday,...More..

UFO seen over Arizona by two different airline pilots
by | Friday, March 30, 2018

UFO seen over Arizona by two different airline pilots

Somewhere between the New Mexico border and the Sonoran Desert National Monument, in mid-afternoon on February 24, an American Airlines pilot saw an object with an huge reflection hovering at around 40,000 ...More..

First Financial Bank Trust Division Boosts Stake in Amazon.com, Inc
by | Thursday, March 29, 2018

First Financial Bank Trust Division Boosts Stake in Amazon.com, Inc

The stock decreased 4.76% or $71.21 during the last trading session, reaching $1425.84. About 7.00M shares traded or 24.62% up from the average. It has outperformed by 65.23% the S&P500. Therefore 11% are posit...More..

Microsoft Corporation | $MSFT Stock | Shares Rise After Morgan Stanley Prediction
by | Thursday, March 29, 2018

Microsoft Corporation | $MSFT Stock | Shares Rise After Morgan Stanley Prediction

Stelac Advisory Services LLC now owns 2,033 shares of the software giant's stock valued at $140,000 after buying an additional 387 shares in the last quarter. Sands Cap Mgmt Limited Company reported 4,250 share...More..

Wall St struggles to shake off trade war…
by | Monday, March 26, 2018

Wall St struggles to shake off trade war…

The S&P 500 index dropped 55.43 points, or 2.1 percent, to 2,588.26. Asian markets had closed sharply lower on Friday , with the region's biggest market - Japan's Nikkei 225 index - plunging 4.5 per cent, ...More..

Facebook takes out full page newspaper ads to apologise over data breach
by | Monday, March 26, 2018

Facebook takes out full page newspaper ads to apologise over data breach

The U.K. -based data-mining firm Cambridge Analytica has been accused of lifting the Facebook profiles of more than 50 million users without their permission in order to manipulate elections. Limits on the ...More..

Some Toys R Us stores may be worthless, Deutsche Bank says
by | Sunday, March 25, 2018

Some Toys R Us stores may be worthless, Deutsche Bank says

Meanwhile, Elaina is hoping her mom comes back so this Toys "R" Us kid can add to her toy collection before the chain shuts its doors for the final time. "It's very sad", Mix said of Toys "R" Us closing. Whil...More..

Oil holds above $65 with USA inventories below 5-year average
by | Saturday, March 24, 2018

Oil holds above $65 with USA inventories below 5-year average

As Reuters writes in an article " Oil prices fall as increased U.S. drilling activity points to higher output ", U.S. West Texas Intermediate (WTI) crude futures were at $62.02 a barrel at 0145 GMT, down 32 cen...More..

Kremlin furious after Britain links Putin to ex-spy attack
by | Saturday, March 24, 2018

Kremlin furious after Britain links Putin to ex-spy attack

May has said the Skripals were attacked with Novichok , a Soviet-era military-grade nerve agent. "We take no pleasure in having to constantly criticize Russia", Nikki Haley , the USA ambassador to the Unite...More..

European Union targets the likes of Facebook and Google with tech tax plan
by | Thursday, March 22, 2018

European Union targets the likes of Facebook and Google with tech tax plan

In this rule, a company would be eligible to be taxes if it had more than 100,000 users, and earns more than 7 million euros annually, or over 3,000 "business contracts for digital services" inside the country....More..

Kidde recalls almost 452000 dual smoke detectors
by | Thursday, March 22, 2018

Kidde recalls almost 452000 dual smoke detectors

The United States Consumer Product Safety Commission (CPSC) is recalling almost half a million Kidde smoke detectors, saying they could fail to work in the event of a fire. Do not remove and discard the reca...More..