Markets
Markets Right Now: Renewed trade tensions send stocks lower
The STOXX Europe index of companies in 17 European countries fell 0.35 per cent, with the trade-exposed auto sector the leading sectoral loser, down 1.7 per cent. That and the hope the tariffs actually won't be implemented but instead kick off negotiations between Washington and Beijing. The tariffs could take a toll on industrial companies by making parts more expensive and reducing sales. [Full Article...]
Mall Owners In Bid To Buy Bon-Ton
One of those locations is the Ashwaubenon store at Bay Park Square Mall. Younkers is closing it's store in the Oakwood Mall. "We are required to provide notification under certain state and federal laws of potential job losses even as we work diligently to complete a sale of the company as a going concern". [Full Article...]
Augusta National To Play A Role In New Women's Amateur Tournament
Ridley also is the first Augusta National chairman to have played in the Masters . Winners of the tournament will receive future invites for the next five years, with the remaining slots filled out by the top-ranked USA amateurs, the top amateurs in the World Golf Ranking and those chosen by the Augusta National Women's Amateur Championship Committee. [Full Article...]
Facebook Erased Mark Zuckerberg's Messages From Other Users' Inboxes
The change was prompted by news that Mark Zuckerberg has been deleting messages he has sent already, removing them from the inboxes of his recipients. There has been no official announcement about the new delete feature, and there's a sense that Facebook is reacting to crisis after crisis in the wake of the Cambridge Analytica scandal with slap-dash measures on an ad-hoc basis. [Full Article...]
Facebook Admits To Secretly Deleting Mark Zuckerberg's Texts
Those changes included limiting the retention period for Mark's messages in Messenger . Facebook Inc . (FB) now says the number of people whose information was "improperly shared" with British data analytics firm Cambridge Analytica is 87 million. [Full Article...]
Longfin Sale Proceeds Frozen as SEC Alleges Illegal Trading
It is kind of a like a radar for how "in-play" a stock is. Higher Relative Volume obviously indicates more traders are trading it. Now investors want to know the actual market worth of the company in the Stock Market. RVOL compares a stock's current volume to its prior volume over a specific period. For now, the company has PEG ratio of N/A. Therefore, ATR (14) value for LFIN stock is 7.36... [Full Article...]
Videocon loan case: Chanda Kochhar's brother-in-law grilled by CBI in Mumbai
Informed sources said the CBI was probing Rajiv Kochhar's link over allegations pertaining to his Singapore-based company Avista Advisory's dealings with the ICICI Bank . "Venugopal Dhoot transferred money from Videocon Group to Supreme Energy, in which he had 90 percent shares. Hence, the allegation of conflict of interest, as reported by a section of media, is totally baseless and mala fide... [Full Article...]
Hot Stock's Highlights - Exxon Mobil Corporation (NYSE:XOM)
The institutional investor held 110,000 shares of the department and specialty retail stores company at the end of 2017Q4, valued at $2.77M, up from 60,000 at the end of the previous reported quarter. In general, if the reading goes above -20, the stock may be considered to be overbought. The stock has "Sell" rating by Jefferies on Thursday , May 25. [Full Article...]