Markets
$3.06 EPS Expected for Canadian Imperial Bank of Commerce (CM)
ValuEngine downgraded shares of Canadian Imperial Bank of Commerce from a " hold " rating to a "sell" rating in a report on Friday, March 1st. Canadian Imperial Bank of Commerce's dividend payout ratio (DPR) is now 47.61%. Market Cap is determined by doubling a company's shares outstanding by the current market price of one share 49112706657. Royal Bank of Canada had a net margin of 20.85% ... [Full Article...]
Audi TT to be replaced with an Electric Vehicle
Schot described the future auto as "a new emotive model" that will sit in the same price range as the current TT, but he gave no other details. While some critics dismissed the TT as a 'hairdressers vehicle, ' it was available with an assortment of engines producing between 148 hp (110 kW / 150 PS) to 247 hp (184 kW / 250 PS). [Full Article...]
Skoda Superb facelift fully revealed, coming soon to India
The sedan now looks sharper and gets a number of updates in order to take on its rivals. Expect Skoda to bring the refreshed Superb to India sometime early next year. In addition to the Matrix technology for the high beam, two other assistance systems are also making their debut in the Superb. Skoda has offered a slew of powertrain and gearbox options with the Superb, including the plug-in hyb... [Full Article...]
New Royal Mail parcel postboxes are coming to Preston
Thirdly, amid the continual decline of letter, it will be focusing on parcel delivery. This initiative will help facilitate that growth. Facing the threat of renationalisation from the opposition Labour Party, the former British monopoly promised to invest a further 1.8 billion pounds in its United Kingdom postal service in the hope of turning it around. [Full Article...]
Oil plunges as US-China trade war raises fuel demand worries
Brent crude futures, the worldwide benchmark, fell to a session low of US$68.35 per barrel, trading down US$2.50 at US$68.49 by 1343 GMT. Global geopolitical risk was still sufficient to provide a floor for oil prices, said Again's Kilduff. [Full Article...]
SpaceX tries for third time to launch array of internet satellites
The Falcon 9 rocket, with the Starlink satellites packed into its nose cone fairing, was scheduled for liftoff from pad 40 at the Cape Canaveral Air Force Station at 10:30 p.m. The two satellites served as the secondary payloads aboard the spaceflight, while the Earth-imaging radar satellite named Paz was the primary payload. [Full Article...]
Telstra to launch HTC 5G Hub next week
Telstra is launching Australia's first 5G-enabled smartphone and modem next week. Telstra chief executive Andrew Penn, who made a post at the Telstra Exchange blog, said the launch of the HTC 5G Hub "signified one of the company's most important milestones in the transition to 5G, with customers now able to order a 5G device and, in select areas, enjoy 5G connectivity via the Telstra network".... [Full Article...]
Tesla automated lane changes are risky
In addition, Fisher and his team found that the system was "reluctant to merge in heavy traffic", and when it did, it would occasionally apply the brakes immediately after merging to put some space between it and the vehicle ahead, which can be surprising to drivers behind the Tesla . [Full Article...]