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Finance

Revenue at Microsoft's productivity and business processes unit, which includes Office 365 , rose 17 percent to $9 billion, topping analysts' average expectation of $8.73 billion, according to Thomson Reuters . Windows still remains the main revenue contributor for Microsoft's More Personal Computing business segment. "We took significant steps this quarter to put (cloud) at the forefront of everything we do", Nadella told analysts on a conference call.
  • European Union warns United Kingdom on financial services deal

    European Union warns United Kingdom on financial services deal

    Finance

    Speaking in London today (24 April), Valdis Dombrovskis, vice-president of the European Commission, said the United Kingdom would have to rely on the system of "equivalence" where the European Union removes some regulatory barriers if it judges that a jurisdiction is well-regulated.
  • Yankees call up Gleyber Torres, and it's about time

    Yankees call up Gleyber Torres, and it's about time

    Finance

    Luis Severino , 24, struck out six batters in seven strong innings, while 23-year-old Miguel Andujar went 4-for-4 with two doubles and an RBI as the Yankees' starting lineup featured no players over the age of 30 for the first time since 1989.
  • Summary of Tyman plc (LON:TYMN) Ratings as of April 23, 2018

    Finance

    The company has market cap of $1.10 billion. Citigroup maintained the shares of WPP in report on Monday, May 23 with "Buy" rating. We have $30.71 PT which if reached, will make NASDAQ:OPB worth $72.31M more. Opus Bank had 20 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Add" rating by Peel Hunt given on Tuesday, August 23. Hovde Group downgraded Opus Bank (NASDAQ:OPB) rating on Monday, January 30.
  • U.S. hints at relieving pressure on Russia's RUSAL if owner sells firm

    U.S. hints at relieving pressure on Russia's RUSAL if owner sells firm

    Finance

    Treasury Secretary Steven Mnuchin also said the department would consider a petition from Rusal to lift the sanctions, given the economic troubles the actions caused for USA allies. Mnuchin said in his announcement that he factored the "impact on our partners and allies" into his reprieve. "Already, the automobile industry is grappling with commodity prices pressure over last one year, and this sharp increase in aluminium prices in recent weeks will further dent their operating ...
  • United States and Europe order global 737 aircraft engine checks

    United States and Europe order global 737 aircraft engine checks

    Finance

    Jennifer Riordan , 43 and a mother of two, was sucked out of the broken window and pulled back inside by fellow passengers. The EAD comes after a fan blade on a Southwest Airlines Boeing 737-700 snapped off mid-flight , spraying shrapnel that punctured the aircraft's fuselage causing depressurization.
  • Southwest apologizes, gives passengers cash and travel voucher

    Finance

    US aviation regulators are planning to require emergency inspections of one of the most popular jet engines in the world as a result of the fatal accident earlier this week on a Southwest Airlines plane. Inspections can be conducted without having to dismantle an engine and it takes about four hours per engine. When asked why the airline resisted the proposal a year ago, spokeswoman Brandy King said Southwest needed more time to find individual suspect blades within certain engines.
  • Senior plc (LON:SNR) Weekly Ratings as of April 21, 2018

    Finance

    Paloma holds 22,281 shares or 0.01% of its portfolio. Penn Capital Mgmt Incorporated has invested 0.8% in Hortonworks, Inc. Great Lakes Advisors Ltd Liability Corporation invested in 178,910 shares or 0.09% of the stock. They now have GBX 520 ($7.45) price objective on the real estate investment trust's stock, up from their prior price objective of GBX 450 ($6.44). The firm has "Buy" rating given on Wednesday, October 11 by KeyBanc Capital Markets.
  • Cooler End To Work Week. Rain On Sunday

    Cooler End To Work Week. Rain On Sunday

    Finance

    Even when the rain isn't falling though, overcast conditions will dominate with little to no sunshine expected during the day today . Temperatures will continue rising with highs reaching the lower to middle 50s. An area of low pressure which is now across the southern Plains states will slowly move eastward into the southeast to start next week, and then slowly work its way up the Eastern Seaboard going into the middle of the week.
  • Google wants to completely replace texting

    Google wants to completely replace texting

    Finance

    Google Chat is based on the RCS, or Rich Communication Services , a new standard for SMS texts . Google has convinced 55 carriers from around the world to jump on the bandwagon of this new messaging service. By supporting RCS-based Chat, Apple could provide its users with iMessage-like features no matter who they're talking to. The way you get Chat is pretty simple: inside Google's own Android Messages app, your carrier will enable RCS communications which will daisy-chain to Chat.
  • Not much to cheer as Sensex, Nifty open on flat note

    Not much to cheer as Sensex, Nifty open on flat note

    Finance

    However, IT stocks stole the show, with TCS emerging as the top performer in the BSE Sensex pack, a day after the company reported a 4.4 per cent rise in March quarter net profit and guided towards a better show in fiscal 2019. IT index outperformed on account of strong set of earnings which in turn curtailed a fall in the market. The shares of India's biggest IT company today surged almost 7 per cent after its fourth-quarter earnings beat market expectations.
  • Centre

    Centre "Clueless" As Fuel Prices Rise, Says P Chidambaram

    Finance

    There may be no respite for the diesel users either with the selling price at its highest ever across the country. Diesel prices also touched new record levels on Friday with prices in Delhi, Kolkata, Mumbai and Chennai at Rs 65.31, Rs 68.01, Rs 69.54 and Rs 68.90 per litre respectively.