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Finance

CBI is searching the premises of Gitanjali group of companies at 20 locations in six cities, reported PTI quoting Officials. Gitanjali has previously denied Choksi's involvement in the fraud and said he would take "necessary legal action" to get his name removed from the police case.
  • Atkin gets historic British Olympic medal on skis after slopestyle surprise

    Atkin gets historic British Olympic medal on skis after slopestyle surprise

    Finance

    Dom Parsons' men's skeleton bronze on Friday was Britain's first medal of the Games and Atkin, who was third in the 2017 World Championships, scored 84.60 with her final run to claim another. I can't put my thoughts into words", Atkin told reporters. Until it wasn't. Until the woman who wanted to be a doctor found Olympic glory instead. Eve Muirhead is looking forward to taking on hosts Korea later today at 8.05pm (11.05am United Kingdom time) after an encouraging win over Denmark.
  • U.S. final demand PPI

    U.S. final demand PPI "solid" in January, economists say

    Finance

    Some economists cautioned, though, that some of those price increases are tied to temporary factors and might not signify sustained inflation. That likely reflected a rush to buy winter clothing during the freezing winter weather, which followed mild weather in November and December.
  • Trump to leave for Florida to meet 'bravest people'

    Trump to leave for Florida to meet 'bravest people'

    Finance

    Trump had tweeted early this morning, "So many signs that the Florida shooter [ Nikolas Cruz ] was mentally disturbed" - and he stuck to that Thursday, saying he was committed to improving mental health programs. "Us", he said. "And this time , we're not gonna allow you to bow your head in prayer for two weeks until you get an all-clear and we move on to the next thing".
  • Sony Pictures passed on buying nearly every Marvel character for $25 million

    Sony Pictures passed on buying nearly every Marvel character for $25 million

    Finance

    For an investment of just $25 million - which is a little more than what The Avengers made in a single Saturday two weeks after it opened in 2012 - it could have seen returns on the order of billions of dollars. After Sony took Spider-Man and kickstarted a franchise , Marvel was able to get a sizable loan to start pumping out movies of their own . Mr.
  • Marathon Oil (MRO) Cut to Hold at Zacks Investment Research

    Finance

    Marathon Oil Corporation had 106 analyst reports since July 21, 2015 according to SRatingsIntel. At the close of regular trading, its last week's stock price volatility was 3.26% which for the month reaches 3.77%. Greenleaf Trust reported 6,006 shares stake. Kohls Corp (NYSE:KSS) was reduced too. Therefore 93% are positive. Marathon Oil shares have climbed slightly since the beginning of the year, while the Standard & Poor's 500 index has increased almost 1 percent.
  • Frankly not aware of Nirav Modi's whereabouts: MEA

    Frankly not aware of Nirav Modi's whereabouts: MEA

    Finance

    Last month Punjab National Bank accused Nirav Modi of defrauding the bank of $44 million. A statement issued by the ministry said , "Mr. Nirav Deepak Modi and Mr. It is alleged that Modi and his associate companies fraudulently acquired PNB guarantees worth Dollars 1.7 billion that they later used to obtain overseas loans.
  • Kraft Heinz (KHC) Given a $100.00 Price Target at Bank of America

    Kraft Heinz (KHC) Given a $100.00 Price Target at Bank of America

    Finance

    The stock has a consensus rating of "Buy" and an average price target of $95.53. The stock now has an average rating of Buy and an average price target of $91.89. BlackRock Inc. boosted its stake in shares of Kraft Heinz by 4.6% during the 4th quarter. The stock holds an average trading capacity of 1.79M shares for the past three months.