investorschatroom.com

Finance

Tesla hits 200,000 U.S. sales, tax credit phase-out to commence

The milestone has been viewed as integral to CEO Elon Musk's Silicon Valley auto concern as it fights against new competition and makes a major stride into the mass market with its new sedan. A Tesla spokeswoman confirmed the change to Green Car Reports , but declined to comment further. After Tripp left the company, Tesla had filed a case against him claiming that he has stolen the confidential information about the company along with several other trade secrets and shared them with other ...

Finance

Iran says Trump 'destabilising' oil market

Brent crude futures were at $77.82 per barrel, up 6 cents from their last close. Trump late on Wednesday accused the Organization of Petroleum Exporting Countries (OPEC) of driving up fuel prices. Recent price rises have also been spurred by a US announcement that it plans to re-introduce sanctions against Iran from November, targeting oil exports.

Finance

Coast Guard searching for cruise ship crew member reported overboard near Cuba

The staff member was seen falling from the side of a Norwegian Cruise Line ship heading for Miami at about 3.20pm on Saturday, 28 miles north of Cuba . The crew member was found and rescued by Carnival Glory 21 miles north of Cuba. Passengers on the Getaway said the ship's captain announced that they were turning the cruise liner around.

Finance

Elon Musk under pressure - Saturday Extra

The company plans to close between 13 and 14 facilities, shutting its doors across nine states including California and NY. Tesla is seeking relief under the Defend Trade Secrets Act, in addition to Nevada's own trade secret statute. Tesla solar deployments have declined over the last few quarters. In February, Musk announced plans to expand the agreement. Most of Tesla's vehicle assembly occurs in a factory building in Fremont, California.

Finance

Dollar and stocks drop as Trump hits China with tariffs

China has said it would slap a 25 percent tariff on imports of USA crude, natural gas and coal on July 6 if Washington went ahead, as planned, with its own tariffs on Chinese goods that day. U.S. Steel fell 3.4 percent to $34.89 while aluminum producer Alcoa declined 4.3 percent to $43.84. Asian stocks had been poised for a mixed start to trading that sees Chinese markets reopen for the first time since trade tensions with the US escalated.

Finance

OPEC edges closer to raising oil output, Iran's agreement is key

Brent reached a 3-1/2-year high above $80 a barrel last month but has fallen steadily in recent weeks as Saudi Arabia , de facto leader of Opec, has signalled it intends to raise production to stabilise prices. "Globally, crude prices have gone beyond the threshold, which can be sustained by the world, particularly countries like India, which is a key driver of world economy", Mr.

Finance

One Deputy Killed, Another in Critical Condition After Kansas City Shooting

Authorities say they are not searching for any other suspects at this time . The shooting is under investigation. Moments later, the Wyandotte County sheriff's deputies were shot by one of the inmates shortly after 11am. Officers were called to a residential area of the city's north side. In May 2016 Officer Brad Lancaster was shot and killed near the Hollywood Casino.

Finance

Whataburger shades IHOP name change with savage tweet

IHOP said Monday that it's temporarily changing its branding to IHOB with the B standing for burgers. A flagship IHOb restaurant in Hollywood, California, has been rebranded and will host a "VIB launch party" Monday evening, the company said in a press release.

Finance

Trump proposes tariff free G7 at summit

Russian Federation joined the G-7 in the 1990s, making it the Group of Eight, but was expelled after its annexation of Crimea in 2014. "We're talking to all countries", Trump said, denouncing what he said were huge existing tariffs on U.S.

Finance

Buffett, Dimon say quarterly profit forecasts harming economy

In the op-ed, Dimon and Buffett said the pressure to meet short-term earnings estimates has contributed to a drop in the number of public companies in the U.S. "Short-term-oriented capital markets have discouraged companies with a longer-term view from going public at all, depriving the economy of innovation and opportunity", they said.

Finance

Chinese smartphone giant ZTE to pay $1bn fine in US

The Department of Commerce will also change its 2017 settlement agreement with ZTE, counting the $361 million it has already paid in penalties toward the sum, Reuters reported . A ZTE spokesman couldn't be reached for comment. Reuters reports that "ZTE promised to replace its board and executive team in 30 days". Last year, ZTE paid over $2.3 billion to United States suppliers, a senior ZTE official told Reuters last month.

Finance

Germany's Merkel to work with Italy's populist new govt

Merkel refrained from outright criticism of Trump in her comments to the newspaper, but noted that the US has withdrawn from multilateral agreements and imposed new tariffs on steel and aluminum imports, including from Europe. Merkel's proposals appeared to be somewhat more cautious, but with many points of agreement with her closest European ally. Merkel said she was willing to discuss with the new Italian government ways to boost employment rates among young people in Italy .

Finance

Sears (and Kmart) will close these stores in Pa.

Liquidation sales at the stores will begin as early as June 14 and all stores will close by early September, the company said . It reported a net loss of $424 million, compared to a profit of $245 million the same time past year. Revenue fell due to fewer stores and a 12 percent drop in same-store sales. The Davenport Sears is one of two in Iowa that are on the list. 'We believe these initiatives, among others, will help us to strengthen the Company and better position it for the future, ' ...

Finance

US to push steel, aluminum tariffs on EU, Canada and Mexico

And last week, he ordered an investigation into auto imports to the United States that could lead to 25-per-cent tariffs on cars and trucks, which would disproportionately hit Canada; about 80 per cent of Canadian-made vehicles are for the US market.

Finance

Gas prices nearing $3 gallon nationally

According to GasBuddy .com, gas prices are at an average of $2.87 per gallon in Green Bay, and in Appleton, the average gas price is at $2.83 per gallon, as of Friday morning. "This summer is poised to be the priciest at the pumps since 2014, when prices were in the upper $3 per gallon range". Jackson added that she'd like to go SC for the holiday, but gas prices are so high she sometimes has to choose between activities.

Finance

Fiat Chrysler warns millions of owners: Don't use the cruise

When a vehicle is traveling uphill with cruise control enabled, the system automatically accelerators to maintain the speed that has been set. The system would then need to increase the speed of the vehicle at the same time there's a short-circuit in a "specific electrical network".

Finance

Macron on GDPR: Europe should provide model for regulation

Facebook is among the first companies to be hit with a complaint under new European Union privacy laws. NPR's website is requiring visitors in Europe to agree to its tracking policy before they can enter. The right to object: If data is collected without consent but for legitimate business interests, for the public good, or by an official authority, the data subject can object.

Finance

U.S. vows 'strongest sanctions in history' on Iran - BBC News

They're also engaging with the agreement's remaining participants - Russia, China, Iran and the European Union - to salvage the deal without the U.S. The secretary appealed to Iran's supreme leader, Ayatollah Ali Khamenei, a hard-liner, to "summon the courage to do something historically beneficial" for his people.

Finance

Last Week Moss Bros Group plc (LON:MOSB) Ratings

Since May 15, 2017 RBG has 0.00% and is. Benjamin F Edwards & Company holds 0% or 125 shs. Comerica Comml Bank holds 0.06% of its capital in Tarsus Group plc (LON:TRS) for 329,244 shs. The rating was maintained by Peel Hunt with "Buy" on Wednesday, January 3. Societe Generale maintained the stock with "Sell" rating in Tuesday, February 2 report.

Finance

Boston Dynamics Plans to Start Selling Their Robot Dog 'SpotMini' Next Year

If you found yourself trembling with fear at the sight of Boston Dynamics' updated SpotMini dog-like robot when it bounded into view last November, then you're going to suffer a full-on meltdown when you see the latest version. Also in the beginning of the year there was a photo of Amazon CEO Jeff Bezos, strolling with one of the robotic dog by Boston Dynamics. The videos it has released of the SpotMini have shown the robot navigating around an office on its own, opening a door for a ...

Finance

Ireland Test off to dramatic start as PakistanĀ“s Imam injured first ball

Azhar Ali (4) became Rankin's first Test victim as the quick also claimed the first Test wicket for Ireland when William Porterfield caught the opener in the gully. That left Pakistan 13 for one off the last ball of the eighth over. Shafiq square-cut Kane for four, with left-hander Haris glancing Thompson for a legside boundary.

Finance

Bitcoin price retreats from $10k after Bill Gates and Warren Buffett bashing

Apparently, the master of investment was a little harsher in terms of criticism than the Microsoft co-founder. Speaking during a CNBC program on April 5, both men shared their thoughts on bitcoin . During a Berkshire annual meeting on Saturday, Buffett admitted to CNBC that bitcoin "was probably rat poison squared ". Winklevoss along with also his brother Cameron had $1 1 million in bitcoin at $120 a coin in April 2013 .

Finance

NEET 2018: Over 13 lakh students to appear at 2255 examination centres

Some of the Tamil Nadu students also have their centres in states like Rajasthan and Sikkim. The NEET also got a boost after Supreme Court stayed a Madras High Court order directing NEET to set up more examination centres in TN itself. Many from interior parts of southern districts were allotted centres in Madurai . "I've been travelling since the morning of May 3". The language barrier is another issue as Hindi is not prominent in the South Indian states as a language of communication ...

Finance

Sixers' Simmons says confidence high despite dismal outing

Wasn't just out there, flowing, playing the way that I play, which is free. That's the decision I made. Embiid grabbed six rebounds to go with two points. Tatum was humbled by the Sixers legend's praise. During Monday's edition of "First Things First" on Fox Sports 1, Wright explained why he only can think of one scenario in which the Celtics take down the 76ers in the best-of-seven series .

Finance

Golovkin v Martirosyan: Armenian will bare the brunt of Triple G's frustration

Golovkin, boxing's longest-reigning active world champion, was supposed to headline a major HBO PPV event in a rematch with Canelo Alvarez on Saturday at T-Mobile Arena in Las Vegas, but after Alvarez failed two Voluntary Anti-Doping Association-administered drug tests for the banned performance-enhancing drug clenbuterol in February, the fight was called off .

Finance

Macron warned trump's withdrawal from the nuclear deal with Iran

How would Iran reply? Iran may immediately kick-start its nuclear programme. "It's going to be very complicated", said Ama Adams, who advises clients on global sanctions compliance at the law firm Ropes & Gray. And as soon as Trump announces sanctions will be coming back, companies will immediately start shutting down their business with Iran. "Iran lied on the front end".

Finance

Former VW boss Martin Winterkorn 'charged' in U.S. over dieselgate

Winterkorn, 70, has been named as a co-conspirator along with five other men who were named in an earlier federal indictment along with Oliver Schmidt , a former Volkswagen executive . Winterkorn stepped down from his role at Volkswagen in September of 2015, only a matter of days after the German auto maker confessed to outfitting 11 million cars with a device created to cheat at emissions testing.

Finance

TSX retreats as oil prices fall, USA yields climb

Moves for the equity markets came against the backdrop of rising borrowing costs, which were causing a reassessment of stock valuations. The rise in Treasury yields reflected the durability of the USA economic expansion and stoked views the three-decade-old bull market in bonds is coming to an end.

Finance

Anticipated $0.62 EPS for QTS Realty Trust, Inc

The stock of United Financial Bancorp, Inc. Sell-side analysts often undertake stock analysis to give their opinions of whether they believe that shares should be bought, sold, or held. Shelton Cap Mgmt holds 27,406 shs or 0.02% of its capital. About 455,534 shares traded. Physicians Realty Trust (NYSE:DOC)'s earnings report is expected by WallStreet on May, 4, as reported by Faxor.

Finance

Takeda makes fourth offer to buy Shire

Credit Suisse Group reaffirmed an "outperform" rating and issued a GBX 4,000 ($55.79) price target on shares of Shire in a report on Monday, March 5th. A deal would also likely signal a further wrenching reorganization for local Shire staffers, who have been through repeated revamping under CEO Flemming Ornskov while Takeda has spent much of the past two years restructuring and cutting research.

Finance

Marquez dominates for sixth-straight Texas win

Zarco's teammate Hafizh Syahrin was taken to the medical centre after a highside crash at Turn 19 on his out-lap. But race stewards nearly immediately announced an investigation of a lap in which Marquez appeared to ride too slow and disrupt Vinales.

Finance

TCS' market cap briefly breaches $100b mark

With this, TCS has become the first Indian tech company to cross $100 billion in market capitalization . TCS shares rose today by 4 per cent to Rs 3,541, pushing the market capitalisation of India's biggest outsourcer to Rs 6,78,002 crore.

Finance

Mnuchin considers traveling to China amid trade spat

The US has resisted pressure to back off President Donald Trump's protectionist America First trade policies. In a statement at the end of three days of meetings yesterday, the IMFC heeding to the voice of countries like India, the US, Britain and France, called on the International Monetary Fund and the World Bank to work on a multi-pronged programme to enhance debt transparency and sustainability.

Finance

Don't delay: Tuesday is Tax Day

Doing so will give them until October 15 to file but doesn't give them more time to pay. The IRS said US citizens living outside the United States have until June 15 to file. Pay When You E-file. At the end of the year, if you've paid more than what you owe, the federal government will issue you a tax refund. Who pays taxes, and when? .

Finance

Trump attorney is focus of 'monthslong' investigation into personal dealings

Trump, Mr. Cohen and their teams were still scrambling on Friday to assess the damage from the raid early Monday morning", The Times . Daniels, whose legal name is Stephanie Clifford , has said she was paid US$130,000 by Cohen to keep quiet about a sexual encounter with Trump, and is fighting to lift the terms of the non-disclosure act, which she says was signed by Cohen but not by Trump.

Finance

Cambridge Analytica denies using data of Indians

He started his testimony before the House Energy and Commerce Committee about an hour ago, and this hearing is supposed to last most of the day. "But it's clear now that we didn't do enough to prevent these tools from being used for harm as well", Zuckerberg said .

Finance

Toys R Us receives several $1bn bids for its Asia unit

Simon Thomas, joint administrator and partner at Moorfields, said: "We are grateful for the hard work of everybody at Toys R Us during this extremely difficult and challenging time. In total, over 3,000 jobs will have been lost when the retailer closes. Meanwhile, New Look and Carpetright have both announced plans to shut stores as part of restructuring plans.

Finance

Uber launches new revamped Uber Driver app in India

Getaround operates in 10 USA cities, including San Francisco, Chicago, Washington DC, Boston, and Los Angeles. Last year, a Volvo XC90 from Uber was hit by the driver of another vehicle. "Autonomous is part of the solution and I think long term is going to be an important part of the solution of getting rid of vehicle ownership", Khosrowshahi said.

Finance

Trump says Amazon to get a 'serious look'

Whitnell & Co. increased its position in Amazon .com by 581.3% during the 3rd quarter. The stock's quarterly performance specifies a shift of 19.03% and its performance is stands at 57.02% for last twelve month while moved 44.80% for the past six months.

Finance

WPP CEO Martin Sorrell under probe for allegations of personal misconduct

The company has hired an anonymous law firm to conduct an independent inquiry. While the company didn't elaborate, it did note, "The allegations do not involve amounts which are material to WPP ". The investigation is ongoing. One source told the Journal that the board is also looking into alleged improper behavior from Sorrell. With Sorrell's position now in doubt, WPP board members will perhaps wish they had established an heir apparent some years ago.