Finance

Janus Henderson Group PLC now owns 1,775,556 shares of the e-commerce giant's stock valued at $1,718,711,000 after acquiring an additional 1,620,588 shares during the last quarter. UBS maintained the stock with "Buy" rating in Friday, July 29 report. The stock has "Overweight" rating by KeyBanc Capital Markets on Thursday, June 16.
  • GOP releases final draft of tax reform bill

    GOP releases final draft of tax reform bill

    Finance

    The Senate passed its earlier version of the tax package by only 51-49, with Rubio voting for it. In the current bill, families that pay little or no income tax would get only $1,100 per child. The plan eliminates personal exemptions and a slew of itemized deductions but almost doubles the standard deduction in a bid to make tax filing simpler and to reduce rates.
  • Unusual Activity Sighted in Cedar Realty Trust, Inc. (NYSE:CDR) Shares

    Finance

    The stock increased 0.80% or $0.9 during the last trading session, reaching $113.82. About 2.74 million shares traded or 404.07% up from the average. (NYSE:DLR) has risen 23.90% since December 15, 2016 and is uptrending. Norinchukin Bancorp The reported 0.02% stake. Sit Invest holds 0% or 92 shares. In the most recent quarterly financial report, for the quarter ending Sep.
  • Everything you need to know about e-way Bill under GST

    Everything you need to know about e-way Bill under GST

    Finance

    Earlier in the day, the GST Council in its 24th meeting held through video conference decided that an inter-state e-way bill will be made compulsory from February 1, 2018. The GST revenue for October stood at Rs 83,346 crore, the lowest compared to the first three months since the implementation of GST from July 1. When goods are transported for less than 10 km within the state, the supplier or the transporter need not furnish details on the portal.
  • Uncertainty abounds over planned strike by Ryanair pilots

    Uncertainty abounds over planned strike by Ryanair pilots

    Finance

    Investors also took fright at the potentially major change to the business model at Europe's largest low-priced carrier, with Ryanair shares tumbling as much as 9 percent to 14.90 euros. When asked if Ryanair had given an explanation as to why they were not available to meet until Wednesday, Mr Harbor said: "They have told us that they are not available".
  • Fresh MDR bait to push debit cards

    Fresh MDR bait to push debit cards

    Finance

    The UPI and BharatQR have different MDR , so it will be a challenge for card networks and the NPCI ( National payments Corporation of India ) to sort out where the transaction is originating and charge merchants accordingly. Since demonetisation, banks have put near Rs 1,500 crore in getting POS terminals - the vast majority of which must be foreign made. In the event that the pattern proceeds with, the aggregate exchanges by April will add up to Rs 4,37,400 crore, a 100% increase.
  • Analysts Expect T-Mobile US, Inc

    Finance

    Andra Ap has invested 0.14% in T-Mobile US, Inc. The stock increased 0.38% or $0.235 during the last trading session, reaching $62.795. About 97,342 shares traded. TMUS's profit will be $257.91M for 50.99 P/E if the $0.31 EPS becomes a reality. T-Mobile US, Inc.is maintained at an average outperform rating by 30 stock analysts, and there are at least 7.91% of shares outstanding that are now legally short sold.
  • Oil Rises Despite IEA's Warning For OPEC

    Oil Rises Despite IEA's Warning For OPEC

    Finance

    The U.S. West Texas Intermediate crude oil futures contract fell in sympathy with the Brent contract. At the end of November, 24 nations that account for around 60 percent of the world´s oil supply agreed at a meeting in Vienna to keep a lid on output for all of 2018 in order to push up prices.
  • Most Active Stock: Bank of America Corporation (NYSE:BAC)

    Finance

    Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-four have issued a buy rating and three have given a strong buy rating to the stock. The rating was maintained by Jefferies with "Buy" on Tuesday, July 21. The stock has "Hold" rating by BMO Capital Markets on Friday, October 13. The company was maintained on Monday, April 11 by Goldman Sachs.