Markets
Sensex drops 228 points on rising oil worries, inflation in focus
Investors also remained cautious ahead of the inflation and IIP data to be released today. The benchmark index of Bombay Stock Exchange (BSE) on Tuesday slipped by 137.63 points to 33,318.16 on profit booking by local operators at higher level. [Full Article...]
SEC shuts down Munchee ICO
SEC chairman Jay Clayton warned consumers that "there is substantially less investor protection than in our traditional securities markets, with correspondingly greater opportunities for fraud and manipulation" with initial coin offerings . [Full Article...]
ANZ sells life insurer to Zurich
OnePath Life will be sold for a total consideration of A$2.85bn (£1.6bn, $2.1bn, €1.8bn), comprising a A$1bn of upfront reinsurance commissions to be paid in May 2018, subject to regulatory approval being granted. "Furthermore, it strengthens the group's position in the Asia-Pacific, while building on our strong bank distribution capabilities". The bank sold its pension business in October to A... [Full Article...]
Gilead Sciences, Inc. (NasdaqGS:GILD): Is The Stock Undervalued?
About 5.24 million shares traded or 117.05% up from the average. It is down 0.00% since December 11, 2016 and is. It has outperformed by 27.07% the S&P500. Wilsey Asset Mgmt has invested 6.17% in Gilead Sciences, Inc . (NASDAQ: GILD ) for 5,963 shares. Us Natl Bank De holds 74 shares. Texas Permanent School Fund stated it has 367,151 shares. [Full Article...]
Anti-nuclear group ICAN receives Nobel Peace Prize in Oslo
Here's how they work and - sometimes - how they don't. Differing views among the nuclear weapon states have prevented even the commencement of negotiations on the latter treaty. "A calculated military escalation could lead to the indiscriminate mass murder of civilians". The award ceremonies are traditionally held on December 10, the anniversary of the death of Swedish industrialist Alfred Nobel... [Full Article...]
Woman threatens to 'kill everybody on this plane'
CBS Sacramento reported that Curbelo was seen with a lit cigarette on Saturday. "Our Crew in command of Flight 2943 traveling from Portland on Saturday afternoon safely landed on-time in Sacramento following an inflight disturbance". "We can confirm that a passenger was smoking in the during the flight", A Southwest Airlines spokesperson said in a statement. "Our Crew enforced the regulation ... [Full Article...]
Institutions Continue To Be Top Holders in Huntington Bancshares Incorporated (NASDAQ:HBAN)
The stock was sold at an average price of $13.77, for a total transaction of $199,844.01. Vale S A now has $55.33B valuation. The stock is trading for about -0.54% less than its 52-week high. The firm earned "Buy" rating on Friday, October 20 by Jefferies. The rating was downgraded by Robert W. Baird to "Neutral" on Thursday, May 26. As per Monday, November 28, the company rating was downgraded by... [Full Article...]
Ascension Health and Providence St. Joseph in Mega Hospital Merger
Now the largest USA hospital operator is the for-profit Hospital Corp. of America, based in Nashville, which posted about $41.5 billion in revenues previous year. Joseph merged with Ascension, it could turn up more merger talks in a healthcare industry already being rocked by merger news. The remaining 40% of hospitals in the US are for-profits or government-owned. [Full Article...]