Business


The cash crunch that ought not to be

Rama Dorai of FIS stressed that "different states have seen cash crunches at different times, and this is not in itself a new phenomenon". The Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, introduced in the Lok Sabha in August past year, has a "bail-in" clause, which some experts say brings potential harm to deposits in the form of savings accounts.


De La Rue will not appeal United Kingdom passport decision

De La Rue will not appeal United Kingdom passport decision

Last month it was announced that the company will not design and produce the United Kingdom passport when its existing contract expires in July 2019. "De La Rue will continue to fulfil its existing contract and assist with transition to the new supplier, and is therefore expecting no impact on the group's performance in the next 18 months", said the company in a statement.


Cadillac President Johan de Nysschen Abruptly Fired And Replaced

Cadillac President Johan de Nysschen Abruptly Fired And Replaced

The South African-native De Nysschen was a cheerfully demanding executive, hardly a GM company man, easily identified due to his height, his clipped mustache, and his two-tone Breitling wristwatch. "This move will further accelerate our efforts in that regard". Before he chiefed Cadillac and GM Canada, Carlisle worked as vice president, Global Product Planning; vice president, U.S.



On April, 18 Analysts See $0.32 EPS for Brandywine Realty Trust (BDN)

NYSE: BDN traded up $0.15 during mid-day trading on Friday, reaching $15.50. About 203,993 shares traded. During the key period of last 5 years, Organovo Holdings, Inc. Geode Capital Mngmt Lc owns 1.76 million shares. Therefore 83% are positive. Barclays boosted their price target on Brandywine Realty Trust from $17.00 to $18.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 30th.


Target launches in-store purchase delivery service in DC area

Target launches in-store purchase delivery service in DC area

Called "Drive Up", Target is bringing on the new service as the fight escalates to bring more convenient options to customers. Dubbed Drive Up, the service gives shoppers a means of placing orders via the Target app, then picking up their purchases curbside from a store employee.