Business

North Korea tension hits market as traders seek safety

North Korea tension hits market as traders seek safety

The Dow finally ended 0.2 percent lower at 22,085.34 points. European bourses also looked set to open lower across the board, with Eurostoxx 50 futures already down 0.7 percent in early trade. The S&P had been down 0.52 percent at its session low. It is still the best performing G10 currency so far this year with gains of more than 11 percent against the dollar.


Shore Capital Reiterates Hold Rating for Coca Cola HBC AG (CCH)

Shore Capital Reiterates Hold Rating for Coca Cola HBC AG (CCH)

Oversold values are 0 to 20 and investors might look to buy dips in up trends when the signal line crosses up from below 20 to above 20. Peapack Gladstone Fincl Corp owns 73,075 shares or 0% of their USA portfolio. the share has a company valuation of $194.50 B, a price to earnings ratio of 48.15 along with a stock beta of 0.69. It has underperformed by 5.95% the S&P500.


SoftBank fund pumps record $2.5bn into India's Flipkart

SoftBank fund pumps record $2.5bn into India's Flipkart

SoftBank Vision Fund joins them in a mix of primary and secondary capital. The deal was announced in April when the Flipkart group raised $1.4 billion from global technology majors eBay , Tencent and Microsoft . The completion of the investment in Flipkart is subject to customary regulatory approvals and closing conditions. The funding round further solidifies Flipkart's balance sheet and will help accelerate investment in driving continued market leadership, it added.


Equity indices fall for 4th day; auto, healthcare stocks slump

Equity indices fall for 4th day; auto, healthcare stocks slump

The NSE Nifty50 closed 70.50 points or 0.71 per cent lower at 9,908.05 points, while the Sensex closed at 31,797.84 points - down 216.35 points, or 0.68 per cent. Drugmaker Sun Pharmaceutical Industries' shares slumped as much as 5 per cent to their lowest in over four years after unit Taro Pharmaceutical Industries June-qtr profit halved to $54.5 million.


Ralph Lauren Corporation (RL) Position Increased by Norges Bank Last Quarter

Ralph Lauren Corporation (RL) Position Increased by Norges Bank Last Quarter

They presently have a $81.00 target price on the textile maker's stock. Finally, Engine Capital Management LLC purchased a new position in Ralph Lauren Corporation during the first quarter valued at approximately $163,000. The dividend payment was $0.500 per share for the quarter or $2.00 on an annualized basis. At present, 2 analysts call it Sell, while 18 think it is Hold.


Regulator warns MPs on Brexit transition risks

Regulator warns MPs on Brexit transition risks

In the letter to Morgan, revealed this morning, Woods said a large number of firms were considering restructuring to mitigate risk after leaving the EU . For instance, RBS is preparing to expand in Amsterdam; Barclays and Bank of America are moving staff to Dublin; while Morgan Stanley has picked Frankfurt.