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Finance

This is clearly good news for consumers, who will no longer have to battle to get compensation in the case of such delays, with money being credited to their account automatically instead. And compensation will also be provided for delays when setting up a new phone or broadband connection. Gillian Guy, chief executive of the organisation, said Citizens Advice will be "looking closely" at Ofcom's full review of the scheme after 12 months to ensure it works for consumers.
  • Uber Looses High Court Appeal

    Uber Looses High Court Appeal

    Finance

    Today, the High Court has thrown out the appeal after the ruling past year told the company to treat drivers as workers rather than self-employed independent contractors. As drivers who use Uber know, this has never been the case in the United Kingdom". The company appealed against the decision, arguing that its drivers were self employed and were not obligated to use the app.
  • United Kingdom industrial output jumps in September

    United Kingdom industrial output jumps in September

    Finance

    The reports round off a quarter which saw economic growth pick up slightly to 0.4 per cent, a level which remains below its pre-Brexit referendum average as political uncertainty and inflation crimp consumer spending. Separately, new figures showed a widening of the United Kingdom trade deficit in goods in the third quarter, a sign that a hoped-for post-Brexit vote rebalancing of the economy away from consumption and toward trade has yet to materialize.
  • Bank of India Q2 profit rises 41% at 179 cr

    Bank of India Q2 profit rises 41% at 179 cr

    Finance

    Gross slippages for the quarter stood at Rs 10,627 crore (including fresh slippages of Rs 9,026 crore), which was sharply lower compared with Rs 30,059 crore slippages reported in June quarter, SBI Chairman, Rajnish Kumar said while addressing press conference post earnings announcement.
  • Williams Companies, Inc. (WMB)

    Finance

    According to today's trading volume Williams Companies, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Many analysts have provided their estimated foresights on Williams Companies, Inc. A number of analysts offered their Estimated Earnings analysis for Williams Companies, Inc.
  • Uber Makes Plans for Flying Ride-Sharing Service

    Uber Makes Plans for Flying Ride-Sharing Service

    Finance

    Uber had introduced its ride-sharing to the skies in a white paper published a year ago. Uber is taking part in a joint industry and government push with United States space agency NASA to develop software, which the company aims to use to manage " flying taxi " routes that could work like the ride-hailing services it has popularised on the ground.
  • Stocks fall on Wall Street amid worry over GOP tax reform plan

    Stocks fall on Wall Street amid worry over GOP tax reform plan

    Finance

    Media companies traded higher after a solid report from Twenty-First Century Fox and energy companies also rose. The Nasdaq Composite was down 3.34 points, or 0.05 percent, at 6,764.44. Analysts said its cable networks did well, and it didn't lose subscribers the way some of its competitors have done recently. Its stock added 61 cents, or 2.2 percent, to $28.70, and cable provider Comcast gained 35 cents, or 1 percent, to $36.56.
  • Chesapeake Utilities Corporation (NASDAQ:CPK) To Report Earnings

    Finance

    The stock is trading $3.95 its 50-day moving average by -0.02%. BlackRock Group LTD now owns 11,990 shares of the company's stock valued at $755,000 after buying an additional 1,989 shares during the last quarter. This company shares (CHK) so far managed to recover 22.58% since collapsing to its 52-week low. In the most recent financial results released by Chesapeake Energy Corporation, for the quarter ending on 2017-06-30, the company posted EPS of 0.18.
  • Analyst Stance On Two Stocks: Schlumberger Limited (SLB), S&P Global Inc. (SPGI)

    Finance

    The rating was maintained by BMO Capital Markets on Friday, September 4 with "Outperform". Hayek Kallen Investment Management increased Schlumberger Ltd ( SLB ) stake by 27.94% reported in 2017Q2 SEC filing. Therefore 77% are positive. Goldman Sachs maintained the stock with "Buy" rating in Monday, April 4 report. Barrington Research has "Outperform" rating and $10 target.
  • Leaked: Here's the 2019 Chevrolet Corvette ZR1

    Leaked: Here's the 2019 Chevrolet Corvette ZR1

    Finance

    And that's good for ZR1 fans who have been hanging out for any new details to emerge - there are now a few more. The magazine itself has predicted the ZR1 has the same supercharged 6.2-liter V8 as the Z06, but with larger intercoolers and better cooling.