Economy

Sassa fallout 'could be more catastrophic than we can imagine', says Mogoeng

Sassa fallout 'could be more catastrophic than we can imagine', says Mogoeng

The court gallery was packed to capacity with journalists, lawyers and supporters of Black Sash. Dunkerley said the new negotiation team would be appointed on behalf of Sassa once the Constitutional...

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Dicks Sporting Goods Inc (DKS) Upgraded at Wolfe Research

Dicks Sporting Goods Inc (DKS) Upgraded at Wolfe Research

Commonwealth Bank of Australia raised its stake in Dicks Sporting Goods by 1.5% in the third quarter. Utah Retirement Systems now owns 15,917 shares of the sporting goods retailer's stock valued at $9...

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Baidu's chief scientist, who led its AI research, is leaving the company

Baidu's chief scientist, who led its AI research, is leaving the company

Ng said he said he will "continue to shepherd" the growth of AI in society, but provided few clues about what might come next. Ng, who is also a co-founder of online learning service Coursera and an...

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Stocks Movement Analysis: Apple Inc. (AAPL), Encana Corporation (ECA)

Stocks Movement Analysis: Apple Inc. (AAPL), Encana Corporation (ECA)

Wednesday's gains were driven by an upgrade from RBC Capital analyst Amit Daryanani, who, while reiterating his Outperform rating on AAPL stock, raised his price target to $155 from $140. Stockholders...

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US Existing Home Sales Pull Back More Than Expected In February

US Existing Home Sales Pull Back More Than Expected In February

USA home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining potential buyers. Unlike last year when average 30-year...

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Enbridge cutting 1000 jobs after completing takeover of Spectra Energy

Enbridge cutting 1000 jobs after completing takeover of Spectra Energy

The layoffs are in addition to 530 positions it eliminated a year ago following an organizational review. The latest job cuts come after Enbridge eliminated about 530 positions last October in Canad...

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Considerable Dividend Stock: ConocoPhillips (COP)

Considerable Dividend Stock: ConocoPhillips (COP)

The stock has an average rating of "Buy" and a consensus target price of $55.93. Scotiabank restated a "buy" rating and issued a $60.00 target price on shares of ConocoPhillips in a research note on M...

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Revenue Approximations Analysis: Polaris Industries Inc. (PII), Ambarella, Inc. (AMBA)

Typically, a stock with a high score of 8 or 9 would be seen as strong, and a stock scoring on the lower end between 0 and 2 would be viewed as weaker. The stock was trading on above-average volume. A...

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Senate confirmation hearing for Alex Acosta

Senate confirmation hearing for Alex Acosta

Acosta's confirmation hearing before the Senate Committee on Health, Education, Labor and Pensions began at 9 a.m. Committee Chairman Sen. The letter brings up concerns about Acosta's tenure as ...

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Franklin Resources Inc. Continues to Hold Stake in Kellogg Company (K)

Country Trust Bank now owns 1,312 shares of the company's stock worth $102,000 after buying an additional 150 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares...

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Dead-ish: Aston Martin Rapide

Dead-ish: Aston Martin Rapide

Several months later, the folks from Gaydon signed a Memorandum of Understanding with LeEco to pave the way for a production version of the concept slated to arrive in 2018. Meanwhile, technical detai...

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This $100M email scam tripped up two big United States tech companies

This $100M email scam tripped up two big United States tech companies

The agency also said both are headquartered in the USA, and that the supplier (which Rimasauskaus impersonated) is an "Asian-based manufacturer of computer hardware [that] provides goods and services ...

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Sii Investments Inc. WI Sells 16482 Shares of Merck & Co., Inc. (MRK)

Hedge funds and other institutional investors own 74.10% of the company's stock. Franklin Street Advisors Inc. V Wealth Management LLC increased its stake in Merck & Co.by 0.6% in the third quarter. T...

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Stock Analysis Review: Canadian National Railway Company (CNI)

Looking forward, the company is expected to report earnings of $1.1 per share for the current quarter. The company earned $1.64 billion during the quarter, compared to analysts' expectations of $1.24 ...

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Pass health bill or lose your seats, Trump tells his party

The legislation is scheduled for a floor vote in the House on Thursday (Friday AEDT). "I do think we need to go to a different system, but I don't think this bill is good enough", said Rep. "We ar...

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Trinidad joins Jamaica in banning Brazil corned beef

Trinidad joins Jamaica in banning Brazil corned beef

Speaking on RJR 94FM yesterday, permanent secretary in the ministry, Donovan Stanberry, said the decision was a precautionary one and that the distributors were in agreement. The Brazilian companies i...

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Neiman Marcus data-breach settlement requires info-sharing initiatives, other controls

Plaintiffs filed suit, seeking to represent a class of approximately 350,000 Neiman Marcus customers affected by the hacking. According to the lawsuit [ PDF ], between July 16 and October 30, 2013 m...

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Eurozone chief in 'drinks and women' row

Eurozone chief in 'drinks and women' row

Those comments have led to calls for him to be fired or resign. "I truly wonder how someone with these views can still be head of the Eurogroup", said Gianni Pittella , the head of the Socialist ...

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McDonald's tweets Donald Trump telling him he has tiny hands

McDonald's tweets Donald Trump telling him he has tiny hands

McDonald's did not immediately respond to a request from the Globe for comment on the tweet, but the company posted a follow-up message saying its account had been "compromised". For his part, Preside...

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Analytical Guide for CF Industries Holdings, Inc. (CF), SunPower Corporation (SPWR) Stakeholders

Analytical Guide for CF Industries Holdings, Inc. (CF), SunPower Corporation (SPWR) Stakeholders

The 1-year price target of the company is 8.84. Analysts estimated $-0.45/share for the previous Quarter, where SunPower Corporation (SPWR ) reported Actual EPS of $-0.64/share with the difference ...

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Ireland won't follow United Kingdom and USA with laptop ban on flights

A statement from the US Department of Homeland Security said that the measures would be introduced in order to heighten security for passengers. 'Except for medical devices, electronic devices which...

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Oxford comma: Truckies win overtime dispute on grammatical error

Oxford comma: Truckies win overtime dispute on grammatical error

I'm going to buy strawberries, ice cream, and cake. Instead, it revolved around one of the biggest debates in the "grammar nerd" world - the " Oxford comma ". According to media reports, Oakhurst Da...

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Oracle Co. (ORCL) Insider Sells $18644000.00 in Stock

State Street Corp now owns 122,008,115 shares of the enterprise software provider's stock worth $4,691,214,000 after buying an additional 3,341,689 shares during the period. Vetr upgraded shares of O...

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Cheque clearing to fall from six days to one

Cheque clearing to fall from six days to one

Under the new system, banks will be able to accept and clear cheque images drawn from their peers. However, this is a maximum timeframe, and many banks and building societies are likely to allow custo...

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US Limits Electronic Devices On Flights From 8 Muslim Countries

US Limits Electronic Devices On Flights From 8 Muslim Countries

The US Department of Homeland Security, however, said extremists were seeking "innovative methods" to attack jets. "They're clearly concerned about airports that are regarded as not being up to sc...

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Alibaba plays politics with new cross-border e-commerce initiative in Malaysia

Alibaba plays politics with new cross-border e-commerce initiative in Malaysia

The facility will act as a warehouse and centralised customs clearance for Malaysia and the region, Alibaba said in a statement. I did not think we could make it happen, but we made it. MoUs have also...

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Construction industry could lose 8% of workforce post-Brexit

Construction industry could lose 8% of workforce post-Brexit

This could put some of the country's biggest infrastructure and construction projects under threat, the RICS warned. RICS set out its Brexit wishlist, which calls on the government to lay out a clea...

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BMW and DS Automobiles join the Formula E series

BMW and DS Automobiles join the Formula E series

All nine manufacturers now have involvement in Formula E. Formula E is now in its third season, and organizers are working to secure long-term participation by teams and suppliers. Audi is underst...

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Stock Floating Above Moving Averages: CEMEX, SAB de CV (NYSE:CX)

A beta of less than 1 means that the security will be less volatile than the market. Relative Strength Index (RSI) was 49.27. RSI oscillates between zero and 100. In order to tell which way a stock ...

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Airbnb Trips Launched in India, Starting With Delhi

Airbnb Trips Launched in India, Starting With Delhi

He further said, "India is transformative". The service, which is now available in five Asian cities - Seoul, Tokyo, Singapore, Bangkok, and Delhi - allows Airbnb users to avail local tours and acti...

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