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Aetna, Humana terminate $34 bln deal; Humana to receive $1 bln

Cigna Corp. says it is seeking a $1.85 billion termination fee from Anthem and more than $13 billion in damages caused by what it says were Anthem's breaches of the merger agreement. "The two prime elements of healthcare are how you finance it and ho...

Sensex gains 125 pts in early trade despite weak economic data

The NSE 50-share Nifty was also trading marginally lower by 3.30 points, or 0.04 per cent, at 8,790.25. In Asian markets, Shanghai stocks led the gains by rising 0.63%. However, the Rupee was trading two paise higher at 66.92 against the US Dollar....

On softer food prices, CPI contracts to 3.17 per cent in January

The cost of fuel surged 3.4 per cent to a two-year high in January, driving the annual increase to nearly 20 per cent. The increase in the inflation rate takes it closer to the Bank of England's target rate of 2%, which has not been reached for mor...

NFL Warns Seahawks About Injury Reports

The league presumably wanted to let the rest of the league know what might happen in the future if anyone messes around with injury report designations. Last September, they were fined $400,000 and lost a fifth-round pick for holding a practice with ...

Top 3 questions about Mesa woman's deportation

After a whirlwind 48 hours during which she was detained, deported and taken to a migrant shelter in Mexico, Guadalupe Garcia de Rayos was temporarily reunited with her children. Guadalupe Garcia de Rayos, 36, of Mesa, Ariz., was taken into custody W...

Sensex trading marginally higher; IIP data awaited

The Indian markets on Friday opened higher, tracking positive Asian cues. The market breadth is strong with 1180 strong advances and 660 declines, whereas 92 stocks remain unchanged on BSE. In terms of investments, the provisional data with exchang...

Analyst's Proposition on The Gap, Inc. (GPS), Twilio Inc. (TWLO)

These analysts and investment firms use various valuation methods to decide a price target for a stock. The average true range of the stock is observed at 1.30 and the relative strength index of the stock is recorded at 58.59. ATR value of company wa...

Army Clears Way for Dakota Access Pipeline Construction to Resume This Week

Earlier on Tuesday the Army Corps of Engineers notified the US Congress that it meant to end the environmental impact statement in connection with the Dakota Access Pipeline. Almost 80 protesters were arrested last Wednesday near the Dakota Acce...

January 2017 UK Markit/CIPS services PMI report 54.5 vs 55.8 exp

These higher costs are feeding through to higher selling prices, which will inevitably put upward pressure on consumer prices. A report into the United Kingdom economy's biggest sector, which spans banks to hotels and hairdressers, showed firms suf...

Economic Survey 2017 To Be Tabled Today

The survey asked the government to ensure that follow-up to demonetisation does not lead to over-zealous tax administration. The Economic Survey states that the weighted average price of real estate in eight major cities which was already on a ...

LEGO named world's most powerful brand by Global 500 rankings [News]

STC's brand value rose 11 per cent during previous year to US$6.2 billion. Apple has been living on borrowed time for several years by exploiting its accumulated brand equity. Amazon.com; 4. AT&T; 5. Meanwhile, Lego regained its status as the wor...

H1-B visa reform bill leaves Indian students confused!

In addition to Indian IT companies, several Silicon Valley companies also use these visas to employ skilled workers from overseas. He said that according to data available, Indian IT companies have created 4.11 lakh jobs in the United States of w...

Teva loses patent case for blockbuster multiple sclerosis drug

When calculating EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at -48.90%. In addition to the four patents included in this decision, Teva has also filed suit against the potential competitors on a 5...

GM, Honda Announce Joint Venture on Hydrogen Fuel Cell Technology

The automakers expect production of the fuel cell units to begin around 2020 and create almost 100 new jobs. A Honda source stressed that the new venture with GM has nothing to do with Trump, instead citing America's status as the world's largest m...

Jacksonville reacts to Trump's immigration ban

Thousands protested in airports across the country Saturday night as four federal judges ruled against the order signed by Trump. According to NBC10, the families, made of up two brothers along with their wives and two children, were pulled aside...

Dubai Airport CEO Says He's Open to Helping Donald Trump, American Airports

Representatives from the Dubai International Airport assert that the airport would have catered a total of 85 million passengers in 2016 if issues on terrorism, politics and economy did not came into the picture. Dubai already attracts nearly 8 milli...

J&J Boosts Drug Roster With $30B Actelion Deal

Although the big pharma firm is capturing Actelion's PAH portfolio and late-stage pipeline, Actelion's drug discovery activities and some early-stage drug candidates will be spun out into a newly created biotech firm. Actelion shares surged 21 p...

Aetna-Humana Decision Highlights Weaknesses in Insurance Mergers

US District Judge John Bates blocked the proposed merger of Aetna Inc and Humana Inc on antitrust grounds. The U.S. Department of Justice filed a lawsuit to block the merger a year ago, believing it would stifle competitors. In early July, Bertol...

Heineken Confirms Talks on Kirin in Brazil

And Kirin released a statement that, while not denying the rumours, said that its primary focus remained on accelerating growth in its Brazilian subsidiary. Brazil is the world's third-largest beer market by volume after China and the USA, according ...

Retail sales volumes drop 1.9% in December

The fourth quarter as a whole saw sales rise 1.2 per cent, meaning the sector made a 0.1 percentage point contribution to gross domestic product. The Pound was unable to take advantage of the slump in AUD however as the UK's Retail Sales unexpecte...

Canadian Pacific's profit misses estimates; new CEO named

Finally, TD Securities reduced their target price on shares of Canadian Pacific Railway Limited from C$215.00 to C$210.00 and set a "hold" rating on the stock in a report on Thursday. Canadian National Railway Company has a 52 week low of $66.62 and ...

Interior nominee Zinke urges array of uses for federal lands

Geological Survey, a scientific agency in the Interior Department , should do "objective" climate science to help clear up the debate. He added, however, that "a preponderance" of US federal lands are better suited for "multiple use, using best pr...

Gold Gains as U.K.'s May, Trump Talk Down Dollar

Traders in the $5.1 trillion-a-day foreign-exchange market should put Donald Trump's Twitter account at the top of their daily reading list. His comments prompted a selloff in the USA dollar and a subsequent spike in gold; at time of writing,...

British American Tobacco to take over United States firm Reynolds

Zacks Investment Research upgraded Reynolds American from a "sell" rating to a "hold" rating in a research note on Tuesday. Based in Winston-Salem, N.C., Reynolds made headlines a year ago for bringing in John Boehner, the heavy smoking former Hou...

Auto and Amazon prop up retail sales

Moreover, the numbers were largely buoyed by strong automobile sales: Core retail sales - excluding automobiles, gasoline, building materials and food services - rose just 0.2% in the month, and November retail sales were revised upward from 0.1% to ...

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Breaking News

Iranian Ships Approach US Ships in Strait of Hormuz

A Navy official called the Iranian actions " unsafe and unprofessional ", The Washington Post reported . The prefix "USNS" means the ship belongs to the U.S. The Pentagon has pr...

Uber Greyball Program Helped Company Evade Authorities Around The World

Uber's bad year got worse this afternoon, when The New York Times reported that the company went to extraordinary lengths to circumvent investigations into its ride-hailing servi...

London pre-open: Stocks seen lower as investors eye Fed speakers

Several of Yellen's USA central bank colleagues in recentdays had also put a rise at the next rate-setting meeting onMarch 14-15 of the committee firmly in view. She cautioned tha...

Caterpillar stock tumbles on reports of federal prosecutor activity

The U.S. Attorney's Office also confirmed the searches in Peoria, East Peoria and Morton. To view the full article, register now. The company also received subpoenas requesting...

US Home Prices Continue To Soar - Will Homebuilders Benefit?

But if you want to look for the dark cloud in all of this I'll point out that Chicago is still tied with Phoenix for 4th from last place in terms of annual home price appreciation....

Palo Alto Networks Splashes £85 Million On Behavioural Analytics Firm LightCyber

Palo Alto Networks expects in the third quarter, the revenue of $406 million to $416 million and adjusted profit of 54 cents to 56 cents per share for the quarter. Palo Alto say...

Pro-Trump rally to be held Monday in Monmouth County

Indivisible Liberty is hosting an anti-Trump rally, around that time as well and they're gathering on the East Side of the Bridge of Lions. Supporters of President Donald Trump ...

Mnuchin: Trump Isn't Cutting Medicare, Social Security

The United States mainly taxes corporate income. Mnuchin said Trump was looking at a "reciprocal tax" that would help create more parity with other countries. One proposal, a bor...

"'Get Out" Blows Away Expectations with $30.5M Opening Weekend

Sticking with the horror genre at the box office , the fifth installment of the vampire vs. werewolf franchise, Underworld: Blood Wars debuted on January 6 at number 4 on the bo...

Tesla, Inc. Earnings: What to Expect From Gross Margin

You add a layer of difficulty when the electric vehicle in question is a Tesla Model S P100D with all-wheel-drive dual motor and over 700 horsepower. The company, which surprised...

Special Reports

LG K10 (2017) with SOS panic button launches at ₹13990 for India

LG K10 (2017) with SOS panic button launches at ₹13990 for India

Interestingly, the device is manufactured in company's Noida facility and comes with an 112 SOS panic button. For pictures, there is a front snapper of 5MP with 120 degrees wide an...

UPS Testing Drone Deliveries In Florida

UPS Testing Drone Deliveries In Florida

On Monday, shipping and logistics giant UPS performed its first test of a drone delivery, launching the autonomous copter from the roof of one of its shipping trucks. In between ...

Wal-Mart Tops Sales Expectations, Sending Stock Soaring

In the fourth quarter, Wal-Mart has generated $11.9 billion in operating cash flow and has returned $3.6 billion to shareholders through dividends and share repurchases. For the th...

Health Department Recommends Alabamians Get Flu Shots

For the predominant circulating influenza A type H3N2 flu strain, its effectiveness comes in at 43 percent. Effectiveness is estimated to be 73% for influenza B viruses. The deaths...

Trump Had Boeing CEO Listen In On Call About Lockheed With General

Trump first complained in December that costs are "out of control" for the F-35, alarming many in the Dallas-Fort Worth area, where thousands of jobs are dependent on the jets that...