Business

Tesco is spinning its wheels to get nowhere fast

Tesco is spinning its wheels to get nowhere fast

Tesco shares were down 0.1 percent to 189.8 pence at 0850 BST on October 4. The group's shares have added almost three percent to their value over the past year, but are down by some six percent in the year-to-date. The increase in profit is largely due to a GBP235.0 million fine recorded in the comparison period a year ago resulting from an accounting scandal.


Anti-Knicks NYC Subway Ads Will Be Taken Down

Anti-Knicks NYC Subway Ads Will Be Taken Down

It's not an industry secret that Knicks fans are frustrated with the direction of the team the last few years, as well as the relative lack of the success spanning a few decades. The ads intend to tap into NY sports fans' (perhaps justified) anger over the franchise's recent futility and bleak immediate future. "We regret the tone and are removing the content in its entirety".


More pain at the pumps as fuel price increases

More pain at the pumps as fuel price increases

Petrol price has jumped by Rs 7.8 per litre since July 4, while diesel rates have touched an all-time high after rates went up by Rs 5.7. The Finance Ministry also stated that the rise in fuel prices also reflected in Wholesale Price Index-based inflation which increased to 3.24 percent in August as opposed to 1.88 percent in July.


COMMENT: Now is not the time to talk about gun control

COMMENT: Now is not the time to talk about gun control

Stephen Paddock gunned down 59 people from inside a Vegas hotel room. The acting United States ambassador to Australia has praised former prime minister John Howard for tightening Australia's gun laws, and pointed out their effectiveness in reducing mass shootings, in the wake of Monday night's carnage in Las Vegas.


Ford CEO Jim Hackett's 6-Point Plan to Turn Around the Automaker

Ford CEO Jim Hackett's 6-Point Plan to Turn Around the Automaker

The automaker reaffirmed a goal of achieving 8 percent automotive operating margins and generating returns that exceed the cost of capital. Especially considering that more than a century ago, Ford and Edison abandoned plans to build an electric vehicle.


Zogenix, Inc. (NASDAQ:ZGNX) is Overbought According to the RSI

Zogenix, Inc. (NASDAQ:ZGNX) is Overbought According to the RSI

A score of nine indicates a high value stock, while a score of one indicates a low value stock. As per Monday, October 2, the company rating was maintained by Leerink Swann. Whereas for long term intention, measuring performance with long timeframe can help for taking more accurate investment decision that includes quarter, semi-annual and annual performance.