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Taped excerpts of former White House communications director Anthony Scaramucci's profanity-laced comments have been released. CNN's Jeanne Moos reports on the voice of the Mooch.

Anthony Communications director excerpts House laced profanity Scaramucci Taped White

 

Investors will typically demand that a company find ways to productively use cash or return it to shareholders through higher dividends or buybacks. Toyota, Asia’s biggest automaker by market value, is scheduled to report first-quarter earnings later Friday.“If returns are below cost of capital then they should return rather than reinvest,” said Joshua Crabb, head of Asian equities at Old Mutual Global Investors in Hong Kong.As this other chart shows, smaller rivals including Honda Motor Co .

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Independent analyst Kunal Bothra has a sell call on Punjab National Bank with a target price of Rs 144.The current market price of Punjab National Bank is Rs 150.3.Time period given by analyst is intraday when Punjab National Bank price can reach defined target.Kunal Bothra recommended to keep stoploss at Rs 154.Punjab National Bank, incorporated in the year 1969, is a banking company (having a market cap of Rs 31,791.85 crore).Punjab National Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 32,958.82 crore to Sales Value (69.71 per cent of Total Sales), Income From Investment which contributed Rs 12577.17 crore to Sales Value (26.60 per cent of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 1354.20 crore to Sales Value (2.86 per cent of Total Sales) and Interest which contributed Rs 385.80 crore to Sales Value (0.81 per cent of Total Sales)for the year ending 31-Mar-2017.The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 57720.70 crore (13.66 per cent of total assets) and Net Non Performing Assets (Net NPAs) of Rs 34572.71 crore (8.67per cent of total assets).For the quarter ended 30-06-2017, the company has reported a Standalone Interest Income of Rs 8144.81 crore, up 5.52 per cent from last quarter Interest Income of Rs 7718.74 crore and down 4.29 per cent from last year same quarter Interest Income of Rs 8509.85 crore. The bank has reported net profit after tax of Rs 343.40 crore in latest quarter.

assets cent contributed income interest National Bank Punjab National quarter Rs crore sales

 

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For DBS Group Holdings Ltd ., Southeast Asia's largest bank, the woods of nonperforming assets aren't at all lovely. For one, the NPL ratio shot up by one full per centage point in just three months to 4.6 per cent on its South and Southeast Asia portfolio, a reflection perhaps of DBS's soured-loan troubles in India.

bank banking cent DBS equity holding loan Ltd market Singapore

 

Housing Development & Infrastructure (HDIL) slipped 7% to Rs 77, extending its Thursday’s 3% decline on BSE, after the developer said that the National Company Law Tribunal (NCLT) has admitted Union Bank of India’s plea against subsidiary.“The National Company Law Tribunal has admitted an application from Union Bank of India for its wholly-owned subsidiary Guruashish Constructions Private Ltd under the Insolvency and Bankruptcy Code,” said in BSE filing.had appointed insolvency resolution professionals to carry out the functions, it added.The company will file a reply and take appropriate measures, as and where required in the proceedings with the Tribunal and the Appellate Authorities, said.In past two months, the stock has underperformed the market by falling 18% as compared to 10% rise in S&P BSE Realty index and 3% gain in the S&P BSE Sensex.Meanwhile, the board of directors of will meet on Friday, August 11, 2017, to consider unaudited financial results of the company for the quarter ended on June 30, 2017.At 12:22 pm; the stock was trading at Rs 78 on back of heavy volumes. A combined 15.88 million shares changed hands on the counter on BSE and NSE so far.

admitted bank BSE India law National Rs subsidiary Tribunal Union

 

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Shipping and dredging major Mercator is in early talks with Canadian investor Fairfax and Dutch company Van Oord to evaluate a bid for public sector undertaking Dredging Corporation of India (DCI), with Rs 1,700-crore, or $275-million, market value. The NDA government is expected to kick off a process to divest controlling shares in DCI, the country's largest dredging company with a fleet of 19 dredgers, later this year.DCI is the country's largest dredging company with a fleet of 19 dredgers.

bid country DCI dredging Fairfax government India Mercator Rs crore Van Oord

 

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NEW DELHI: India’s top 20 industrialists added a whopping $50 billion to their combined wealth in the first seven month of 2017, and they are now valued at just over $200 billion, roughly 10 per cent of India’s $2 trillion economy Data compiled from Bloomberg Billionaire index suggests each of 18 top Indian billionaires have seen their wealth rise by $1 billion and above, roughly Rs 6,400 crore at the prevailing exchange rate, in the seven months into the calendar. Earlier this year, there were rumours that the lender would merge with Axis Bank , India’s fourth largest lender, but the both parties denied the reports.

Adani billionaire cent India project Reliance rise Rs crore wealth year

 

NEW DELHI: India’s top 20 industrialists added a whopping $50 billion to their combined wealth in the first seven month of 2017, and they are now valued at just over $200 billion, roughly 10 per cent of India’s $2 trillion economy Data compiled from Bloomberg Billionaire index suggests 18 of top Indian billionaires have seen their wealth rise by $1 billion and above, roughly Rs 6,400 crore at the prevailing exchange rate, in the seven months into the calendar. Earlier this year, there were rumours that the lender would merge with Axis Bank , India’s fourth largest lender, but the both parties denied the reports.

Adani billionaire cent India project Reliance rise Rs crore wealth year

 

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Benchmark indices were trading lower on Friday with hovering around 10,000 levels dragged mainly by the pharma index.

Global benchmark Brent slipped 0.1% to $52.01, extending Thursday's 0.7% loss, headed for a 1% weekly decline.

bank cut index India rate remained Reserve Rs crore stock trading

 

Shorting refers to a trading technique where investors bet that an asset or security will fall in price.

But volatility hasn't been falling.

asset bet fall investors refers security shorting technique trading XIV

 

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NEW DELHI: Shares of Indian Oil Corporation IOC ) advanced over 4 per cent in Friday's trade even as the company on Thursday reported a 45 per cent in net profit in its fiscal first quarter of 2017, still beating analysts' estimates.Following the development, the stock gained 4.37 per cent to Rs 403.80 on BSE. It opened at Rs 391.85 and touched an intraday high and low of Rs 406 and Rs 391.85 respectively, till around 10.40 am.Net profit was Rs 4,549 crore for the quarter ended on June 30, 2017 as compared to Rs 8,269 crore a year earlier in this period, the country said in a filing to BSE.The stock has gained 9 per cent in just 2 sessions from its close of Rs 369.90 on August 2, 2017.Reuters data showed that analysts on average had expected a net profit of Rs 3,063 crore.The scrip touched its fresh 52-week high of Rs 450.65 on May 16, 2017 and its 52-week low of Rs 265.95 on August 11, 2016.

analysts BSE cent crore gained net profit quarter Rs stock

 

The cyber security company FireEye (FEYE) is a company whose stock could pay great dividends in the coming year. Looking at the cyber security market, in general, and what this company is capable of makes us feel it is an investment worth making.

coming cyber security FireEye growing growth makes position stock threat years

 

Shares of pharmaceutical companies were trading under pressure with the frontline stocks like Sun Pharmaceutical Industries, and Dr Reddy’s Laboratories hitting their respective 52-week lows in early morning deals.At 10:23 am; Nifty Pharma index, the largest loser among sectoral indices, was down 1.5% as compared to a marginal 0.02% decline in the Nifty 50 index.

Sun Pharmaceutical Industries, too, hit 52-week low of Rs 493 on NSE in intra-day trade.has lowered its FY18 Ebitda (Earnings before interest, taxation, depreciation and amortization) margin guidance by 500bps owing to higher-than-expected erosion in Glumetza and price pressures in the US base business.Analysts at IIFL Institutional Equities expect Lupin’s US revenue to decline 20% cc in FY18 due to Glumetza/Fortamet sales erosion.

decline index Nifty Pharma pharmaceutical pressure stocks Sun trading week

 

Rain Floods Streets Of Acton, Traps Drivers [-1.00]

Posted on Aug. 4, 2017, 5:19 a.m. by Distressed Volatility @ [source]

The worst of the flooding happened at Crown Valley Road and Syracuse Avenue and at Smith Avenue and Soledad Canyon Road.

Avenue crown flooding happened road Smith Soledad Syracuse Valley worst