Markets
Court Rules Employers Cannot Use Salary History to Justify Gender Wage Gap
An 11-judge panel of the San Francisco-based 9th U.S. Circuit Court of Appeals ruled unanimously that California's Fresno County could not pay a female math consultant, Aileen Rizo , thousands of dollars less than male colleagues who did similar work because of her salary history, reversing a decision from a smaller panel past year. [Full Article...]
AGF Investments Inc. Continues to Hold Stake in HDFC Bank Ltd. (HDB)
About 579,479 shares traded. Mastercard Incorporated (NYSE:MA) has risen 54.12% since April 10, 2017 and is uptrending. HDB outperformed the S&P500 by 18.62%. The stock of ICICI Bank Limited (NYSE:IBN) has "Buy" rating given on Monday, October 24 by Goldman Sachs. The firm has "Neutral" rating given on Friday, September 4 by Credit Suisse. [Full Article...]
Nestlé to release KitKat made with ruby chocolate in the UK
The chocolatey snacks were first released in Japan and Korea in time for Valentine's Day, but soon they'll be available across the pond too. We've long indulged in milk, dark and white chocolate, but now there's an entirely new type of cocoa on the market: ruby. [Full Article...]
Waitrose free coffee scheme to ban paper cups
As part of efforts to reduce the use of plastics and packaging, Waitrose will initially remove disposable cups in nine branches from the end of April before the move is rolled out across all stores by the autumn. Waitrose said the decision underlined its commitment to plastic and packaging reduction. Waitrose says this is to avoid customers without a reusable cup putting increased pressure on it... [Full Article...]
Intuitive Surgical Inc Institutional Investor Sentiment Up in Q4 2017
The stock increased 0.63% or $0.1 during the last trading session, reaching $16.03. About 3.63M shares traded or 35.02% up from the average. (NASDAQ:ISRG) for 225,405 shares. Earnings per share growth this year is -55.10% and next year growth is projected at 13.84%. The company has market cap of 3.04 billion GBP. It's up from 6,147 at the end of the previous reported quarter. [Full Article...]
United Kingdom markets watchdog urges European Union regulators to coordinate on Brexit
More than half the firms surveyed (55 per cent) say that they are anxious about the effects of leaving the European Union, with a quarter (28 per cent) stating it is the most significant risk they are facing over the coming year. And there will be a huge gap between hope and experience. Nearly half the respondents* (48 per cent) say this is the aspect of the UK's exit from the EU that would caus... [Full Article...]
Verifone shares surge as San Jose company agrees to buyout
They expect $0.21 earnings per share, up 5.00% or $0.01 from last year's $0.2 per share. The firm has "Hold" rating given on Thursday, March 8 by BTIG Research. The company has also begun offering handheld mobile-payment devices and platforms to its product line. The stock increased 1.78% or $1.97 during the last trading session, reaching $112.37. [Full Article...]
Trump praises China's Xi's trade speech, easing tariff tensions
Strains over USA complaints that China is flooding global markets with unfairly low-cost goods and pressuring foreign companies to hand over technology have spiraled into the biggest trade conflict since World War II. They now are limited to a 50 per cent stake in joint ventures and can not establish their own wholly owned factories. The Chinese government also often fails to clearly articulat... [Full Article...]