Markets
Qualcomm Rebuffs Broadcom's Takeover Bid
Broadcom has indicated it is willing to acquire Qualcomm irrespective of whether it closes the NXP deal. "It is the Board's unanimous belief that Broadcom's proposal significantly undervalues Qualcomm relative to the company's leadership position in mobile technology and our future growth prospects", said Paul Jacobs, executive chairman of Qualcomm . [Full Article...]
BS VI norms advanced by two years to April 2018 in Delhi
Only foreign manufacturers - such as Renault, Mercedes, BMW, Audi, Volkswagen, Volvo, MAN, Scania, Daimler Trucks - who already sell BS-VI-ready vehicles in the western countries, which have already migrated to the cleaner fuel would be able to launch the advanced technology automobiles in India. [Full Article...]
Scotland set to lead world by setting minimum alcohol price
They ruled the measure was a "proportionate means of achieving a legitimate aim". 'Given the clear and proven link between consumption and harm, minimum pricing is the most effective and efficient way to tackle the cheap, high strength alcohol that causes so much damage to so many families'. [Full Article...]
Delta Air Lines, Inc. (DAL) Rating Lowered to Sell at Vetr Inc
About shares traded. CorVel Corporation (NASDAQ:CRVL) has declined 2.33% since November 15, 2016 and is downtrending. Delta Air Lines's dividend payout ratio (DPR) is 13.11%. (NYSE: DAL ) for 17,161 shares. New Jersey-based Lord Abbett & Comm Ltd has invested 0.13% in Delta Air Lines, Inc . Moreover, State Of Tennessee Treasury Department has 0% invested in Pennsylvania R.E.I.T. [Full Article...]
Most Americans Plan to Shop on Black Friday — Ebates Holiday Survey
According to a new survey from Washington State University's Carson College of Business, almost 65 percent of Pacific Northwest residents are planning to skip Black Friday this year. The holiday season is upon us what with only six weeks until Christmas and the so-called Black Friday shopping frenzy coming right up. Cyber Monday is more popular with younger consumers. [Full Article...]
Zacks Investment Research Lowers Coca-Cola European Partners PLC (CCE) to Sell
The stock's last price was higher from the average trading price of 50 days recorded at $45.93 while enlarging the period to 200 trading days, the average price was $44.34. Their average price target spell out an upbeat performance - a 13% and would give CCE a market capitalization of almost $21.7B. Therefore 48% are positive. [Full Article...]
Sold 643 Shares Of Express Scripts Holding Company (ESRX)
About 677,573 shares traded. Analysts await Express Scripts Holding Company (NASDAQ: ESRX ) to report earnings on February, 13. It has underperformed by 33.62% the S&P500. On a similar note, analysts expect EPS of $0.22 in December 2017 quarter and $0.19 in March 2018 quarter, representing 29.41% and 35.71% growth, respectively. [Full Article...]
Disappointing price for 163-carat flawless gem 'a worrying sign'
Ten diamond-cutting specialists worked on the rough in NY after it was analysed in Antwerp. The diamond, the centrepiece of an asymmetric gem-studded necklace designed by Fawaz Gruosi, founder of Geneva jeweller De Grisogono, exceeded the auction house's expectation of US$25 million. [Full Article...]