Markets
RBI likely to cut interest rates today. Will loans get cheaper?
The government's chief economic adviser, Arvind Subramanian, and others call the projections too high, as efforts to curb food prices and low energy prices will keep inflation low for some time to come. Four members of the monetary policy committee voted to cut rates by 25 bps, while one voted for a 50 bps cut and one voted for leaving rates unchanged. [Full Article...]
Devon Energy Corporation (DVN) Shares Bought by AQR Capital Management LLC
It has outperformed by 31.47% the S&P500. State Street Corp is the second biggest holder with 27 million shares now valued at 1.14 B million whilst Invesco Advisers, Inc has 24 million shares valued at 980.76 million. Ameriprise Fin reported 0.11% of its portfolio in Devon Energy Corp (NYSE:DVN). First Manhattan holds 0.03% or 100,446 shares. Bancorporation reported 295 shares. [Full Article...]
Asean wants talks on nonaggression pact with China soonest
After ministerial endorsement, the framework will be further elevated to the countries' leaders, who are due to meet in November. China claims the strategic waterways virtually in totality. but the general headings, it's an outline, the nature of the code of conduct, what principles govern the behaviours of [nations]". "Anything that is to our interest, definitely we will push", Bolivar told r... [Full Article...]
How Analysts Feel About Rio Tinto plc (LON:RIO)?
The correct version of this news story can be viewed at https://weekherald.com/2017/08/01/rio-tinto-plc-rio-scheduled-to-post-quarterly-earnings-on-wednesday.html. Rio Tinto PLC also was the recipient of unusually large options trading activity on Monday. Investors purchased 16,413 call options on the company. [Full Article...]
Nuveen Credit Strategies Income Fund Announces Monthly Dividend of $0.05 (NYSE:JQC)
The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. The Williams Percent Range or Williams %R is a technical indicator that was created to measure overbought and oversold market conditions. The RSI operates in a range-bound area with values between 0 and 100. A reading between 0 and -20 would indicate an overbought situation. The stock's 50-day moving average is $10.40 ... [Full Article...]
Wisconsin company offers to implant microchips in employees
Today, about 50 employees of technology company Three Square Market in River Falls, Wisconsin, will have that power taken away, at least in some senses. Representatives said the company hopes it's on the cutting edge of what it believes will soon be a commonplace technology. Melissa Timmins, vice president of sales at 32M, said she was initially apprehensive but made a decision to give the c... [Full Article...]
Dominion Midstream Partners LP
Susquehanna Interest Group Incorporated Limited Liability Partnership holds 0% in Martin Midstream Partners L.P. (NASDAQ:MMLP) or 79,587 shares. The Adams Asset Advisors Llc holds 244,592 shares with $4.49M value, up from 206,443 last quarter. [Full Article...]
Let CAG audit 28 funded DU colleges: Sisodia
Mr. Sisodia, who is also Delhi's Finance and Education Minister, had instructed the Directorate of Higher Education to stop funds to the colleges, including 12 that are fully funded by the government, from August 1 if the governing bodies weren't appointed till July 31. [Full Article...]