Fast Money 04/03/17

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Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

April 04, 2017 at 04:12AM

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from fastmoney@cnbc.com

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Prabhat Dairy sees relaxation in milk prices by end of summer

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Prabhat Dairy, Joint Managing Director, Vivek Nirmal, attributed the price rise to a 15-20 percent increase in milk procurement prices in the recent past. He, however, was hopeful of some relaxation in milk prices at the end of the summer season.

April 04, 2017 at 04:12AM

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Seller of Veg-O-Matic, other gadgets offers stock and more

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The company behind the Veg-O-Matic and other household products now wants to slice and dice the stock market and sell 5 million shares of Ronco Brands for $6 each

April 04, 2017 at 04:01AM

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Show Notes: Hollywood money corrupts absolutely - The Verge

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The Verge

Show Notes: Hollywood money corrupts absolutely The Verge Before every episode of The Vergecast I sit down, read through a bunch of news, and take a bunch of notes. It's one of the most enjoyable parts of my week, and I started thinking it might be fun to do every day on the site. So, every chance I can, I'm ...

April 04, 2017 at 03:52AM

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Trump is donating his paycheck to the National Park Service

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Trump has clashed with the National Park Service before. Now he's giving them his paycheck.

April 04, 2017 at 03:46AM

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Jobs still in limbo for spouses of H-1B holders

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The Justice Department has asked for another 180 days to review an Obama administration rule that grants H-4 visa holders the right to work.

April 04, 2017 at 03:46AM

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Yahoo and AOL will form new company called ... Oath

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Yahoo and AOL are expected to form a new company under Verizon called Oath. Marissa Mayer may not be part of it.

April 04, 2017 at 03:46AM

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Yahoo and AOL to get odd new name, questionable logo

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There’s some logic to the name for a merged Yahoo and AOL, even if it sounds more than a little ridiculous.

What kind of a moniker for a tech company is “Oath?”

Well, perhaps it’s the perfect name for a firm that’s going to have to do some very heavy lifting to earn the trust of consumers.

Yahoo has the unwelcome distinction of holding the world record for the two largest hacks of user data in internet history. Verizon, which owns AOL and is buying the sputtering, untrustworthy mess that Yahoo has become, clearly saw the need for some branding that connotes trust.

But it’s hard to see any logic in the logo, which consists of the word “Oath” followed by a pair of blue balls. Possibly they’re meant to be symbolic of the pent-up demand for the kind of internet products and services Oath will provide.

On April 3, AOL CEO Tim Armstrong appeared to confirm on Twitter that Oath will be the name of the new organization that will be formed when Verizon’s $4.5 billion purchase of Yahoo goes through and Verizon combines the acquisition with AOL.

“Billion+ Consumers, 20+ Brands, Unstoppable Team. #TakeTheOath. Summer 2017,” Armstrong tweeted, over an image of the logo.

And to be fair, the blue balls in question are a large colon that comes after the name of the new firm, and before the words “A Verizon company.” But they’re still blue balls. A pair thereof.

Armstrong’s tweet came soon after a Business Insider report April 3 that revealed Oath as the name for the Yahoo/AOL mashup.

The Yahoo sale, which had been jeopardized by revelations late last year about the company’s two massive data breaches, is expected to close between April and June.

What’s left over after the deal — Yahoo’s holdings in Chinese e-commerce giant Alibaba and Yahoo Japan, plus a collection of patents — is to be an investment company called Altaba, Yahoo has said in regulatory filings.

Meanwhile, a new report indicates Yahoo CEO Marissa Mayer won’t be given a role at Oath.

“Armstrong is now close to making choices on which top Yahoo execs in Silicon Valley to keep and which to bid farewell to,” tech website Recode reported April 3, based on unnamed sources. “Mayer will not be continuing with the new company.” Neither Yahoo nor AOL would comment to the tech site about Mayer’s future.

 

Photo: AOL CEO Tim Armstrong (AP Photo)

April 04, 2017 at 03:45AM

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from Ethan Baron

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#39;African Development Bank will learn lessons in agricultural practices#39;

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ADB holds its AGM in a rotational manner in African and non-African countries, and Indian government will host its 52nd AGM at Mahatma Mandir here between May 22-26 on the theme of agriculture, and creating wealth from agricultural transformation in Africa, he said.

April 04, 2017 at 03:42AM

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Debt refinancing may lower discom losses to Rs 37.5K crore: ICRA

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ICRA today said it is expecting debt refinancing by state governments under UDAY scheme will lower the losses of discoms from Rs 67,000 crore in FY2015 to Rs 37,500 crore in FY2017.

April 04, 2017 at 03:42AM

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ISGEC Heavy Engineering to incorporate subsidiary company in Canada

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This is to inform you that ISGEC Heavy Engineering has decided to incorporate a Wholly Owned Subsidiary Company in Canada with the name and style of Isgec Canada.

April 04, 2017 at 03:42AM

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Former Fox News boss Ailes hit with another sexual discrimination lawsuit

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The complaint from former Fox contributor Julie Roginsky also alleges career retaliation.

     

 

 

April 04, 2017 at 03:30AM

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from USA TODAY

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Nestle pipes water from national forest, sparking protests

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'This is everyone in California’s water. And an international corporation is stealing it'

     

 

 

April 04, 2017 at 03:30AM

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from The (Palm Springs, Calif.) Desert Sun

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Mercedes-Benz pulls ads from The O'Reilly Factor

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Why has Fox News stood by Bill O'Reilly in the face of the allegations against him? Because he's a one man multi-media juggernaut. But at least one advertiser is pulling its commercials from his show.

April 04, 2017 at 03:25AM

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Trump's trust lets him take money at any time

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A clause in President Trump's trust arrangement allows him to withdraw money from his businesses at any time, according to newly publicized documents.

April 04, 2017 at 03:25AM

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Trump's trust lets him take money at any time - CNNMoney

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CNNMoney

Trump's trust lets him take money at any time CNNMoney "Any time he wants to ask for more money, they will give it to him as long as they deem it appropriate." Sheri Dillon, a lawyer for Trump, told reporters in January that Trump wanted there to be "no doubt" that the president was "completely isolating ... Trump Can Pull Money From His Businesses Whenever He Wants — Without Ever Telling UsProPublica White House acknowledges Trump can withdraw money from businessesPolitico Clause allows Trump to withdraw money from businesses: reportThe Hill (blog) MarketWatch -Daily Beast -Washington Examiner all 33 news articles »

April 04, 2017 at 03:22AM

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Sharp money on Gonzaga moves line for tonight's NCAA title game - Las Vegas Review-Journal

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Las Vegas Review-Journal

Sharp money on Gonzaga moves line for tonight's NCAA title game Las Vegas Review-Journal Sharp money on Gonzaga has caused Las Vegas bookmakers to move the line in Monday's NCAA championship game. North Carolina is a consensus 1-point favorite over the Bulldogs on Monday afternoon after opening as a 2-point favorite Saturday night. Public backing Gonzaga in Vegas; $300K bet on UNCESPN all 2,249 news articles »

April 04, 2017 at 03:22AM

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Northman Trader sees red flags in the market

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Sven Henrich, Northman Trader, explains why he is seeing signs of a correction.

April 04, 2017 at 03:16AM

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Tech leading the charge

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CNBC's Bob Pisani takes a closer look at big tech market cap gains. The "Fast Money" traders weigh in.

April 04, 2017 at 03:16AM

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Panera jumps on sale rumors

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Panera hits an all-time high on rumors of a potential sale. The "Fast Money" traders weigh in.

April 04, 2017 at 03:16AM

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