Markets
MLAs, 7 MPs under Scanner for spike in wealth
A "PRIMA facie verification" of election affidavits "by the Directors General of Income Tax" has "indicated discrepancies" in the income disclosures made by seven Lok Sabha members and 98 MLAs , the Central Board of Direct Taxes ( CBDT ) told the Supreme Court on Monday. [Full Article...]
Tata Steel soars to 6-year high
Accounts for the year to the end of March 2017 show Tata Steel UK reported an annual pre-tax loss of £558m, up from £426m in the previous period. Hiesinger favours a steel joint venture, saying this is the best option to eliminate overcapacities in the volatile steel sector but drawing opposition from labour representatives, who fear thousands of job cuts. [Full Article...]
Hydro One sending crews to Florida
Hurricane Irma has left almost 7 million homes in the southern United States without power and two Ontario hydro utility companies are sending teams to help out. Morici said Florida Power and Light sent workers to help restore power after Hurricane Sandy in 2012 and now they're returning the favor. In the past, FirstEnergy and its employees have been honored by the Edison Electric Institute (EEI) ... [Full Article...]
Las Vegas flights canceled as Irma heads into Georgia
Almost 700 flights were canceled Monday at Miami and Fort Lauderdale. The Fort Worth, Texas, airline canceled all flights at the airport starting on Friday evening in anticipation of Hurricane Irma , along with flights at three other south Florida airports. [Full Article...]
Tom Savage benched in favor of rookie Deshaun Watson
Watt also is being honored by the NFL Players Association. "Let's start this season off right and show what Texans are made of", Watt said in the video, drawing a huge roar from the crowd. The Texans were thoroughly outplayed in all facets and suffered one of the worst losses in franchise history. That's the most-important thing to focus on here. [Full Article...]
Sterneck Capital Management LLC Cuts Holdings in Coca-Cola Company (The) (KO)
It improved, as 76 investors sold KO shares while 623 reduced holdings. Coca Cola Co. now has $198.59B valuation. Consolid was 16K in the last trading session. Since March 14, 2017, it had 0 insider purchases, and 4 insider sales for $22.03 million activity. $629,700 worth of The Coca-Cola Co (NYSE:KO) was sold by DOUGLAS J ALEXANDER JR . [Full Article...]
East West Bancorp, Inc. (EWBC) Holdings Cut by Martingale Asset Management LP
Beaufort Securities maintained Great Western Bancorp Inc (NYSE: GWB ) on Monday, September 14 with "Speculative Buy" rating. Wood downgraded the stock to "Market Perform" rating in Thursday, April 28 report. Calvert Inv holds 0.67% of its portfolio in East West Bancorp, Inc . Moreover, Meiji Yasuda Asset Management Limited has 0.58% invested in Wal-Mart Stores Inc (NYSE:WMT) for 74,888 shares. [Full Article...]
Airlines prepare to cancel flights in Hurricane Irma's path
The Auto Train 53 (Lorton, Va. - Sanford, Fla.) is canceled for Friday, Sept.8, and Saturday, Sept. 9. Over 66 percent of gas stations in Miami-Fort Lauderdale were without fuel Saturday evening, according to GasBuddy . All commercial flights departed Sunday and the airport is secured and prepared for Irma, according to the airport's Twitter account. "We have tremendous people there represe... [Full Article...]