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Showing posts with label 2017 at 07:12PM. Show all posts
Showing posts with label 2017 at 07:12PM. Show all posts
Friday, July 7, 2017
Monday, May 29, 2017
Tobacco usage– Biggest culprit undermining all development efforts
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Tobacco usage– a major hurdle undermining developmental gains worldwide, is the foremost preventable cause of premature morbidity/ mortality. Tobacco products contain nearly 5000-7000 toxic substances, the most dangerous being nicotine, carbon monoxide and tar. Cigarette, bidi, cigar, hookah, sheesha, tobacco chewing, clove cigarettes, snuff and ecigarette are the commonly used forms.
May 29, 2017 at 06:27PM
from Editor
CBI registers enquiry to probe Air India-Indian Airlines merger – Times of India
Times of India |
CBI registers enquiry to probe Air India-Indian Airlines merger
Times of India NEW DELHI: The Central Bureau of Invetigation (CBI) on Monday instituted a preliminary enquiry to probe into issues related to the merger of Air India and Indian Airlines. The agency alleged that the merger of the two state-owned airlines in 2011 has … CBI registers preliminary enquiry merger of Air India and Indian AirlinesLivemint CBI lodges cases to probe IA-AI merger, purchase of 111 planesOutlook India |
May 29, 2017 at 07:08PM
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Friday, May 26, 2017
Tesla just deployed a new marketing strategy to avoid misperceptions about its long-awaited Model 3 (TSLA)
Tesla is still actively trying to avoid misperceptions about its long-awaited Model 3 as it inches closer to production.
The electric carmaker has designed a new webpage to clarify that the Model 3 is not a next-generation Model S.
“Model 3 is designed and built as a mass market, affordable electric vehicle. Although it will be our newest vehicle, Model 3 is not ‘Version 3’ or the most advanced Tesla,” the webpage reads.
Tesla is so concerned that people are misinterpreting the Model 3 that it wrote about the need to temper expectations in an SEC filing in early May. Tesla CEO Elon Musk made similar comments on Twitter in March.
“Moving past Q2, particularly as Model 3 becomes available, one of our challenges will be to eliminate any misperception about the differences between Model S and Model 3,” Tesla wrote in the filing.
The Model 3 is Tesla’s first mass-market sedan priced at $35,000. Production is slated to begin in July, putting pressure on Tesla to clear up any marketing confusion in the next several weeks.
Musk said the Model 3 name has led to confusion among buyers that it’s a next-generation Tesla.
Tesla had initially planned to dub the car the Model E in order to have a line-up that spelt “sexy,” but Ford filed for the Model E trademark before Tesla, leading Musk to opt for Model 3.
Musk said the move has led to confusion as buyers wait for the Model 3 release, thinking it will be a better car than the Model S.
The confusion has affected Model S sales, Musk has said.
“We’re going to be a broken record on this front,” Musk said. “But we really have to be emphatic for an error that I, unfortunately, take full responsibility in naming something that inherently would cause confusion in marketing.”
SEE ALSO: Tesla is pushing the insurance industry to prepare for massive disruption
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NOW WATCH: Buying Tesla stock is like buying a call option on Elon Musk
May 26, 2017 at 07:06PM
from Danielle Muoio
TCI to vote against Safran’s revised offer for Zodiac
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Activist wants better alignment of pay incentives to reflect potential success of deal
May 26, 2017 at 07:05PM
from
Best of Lex: your weekly round-up
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Dad dancing towards a more diverse equities market
May 26, 2017 at 07:05PM
from
The FTSE 100 set a new record high
LONDON — Britain’s benchmark share index, the FTSE 100, hit a fresh record high on Friday.
After a slow start, the index gained strongly, passing the 7,540 point mark for the first time ever. The benchmark is hovering around the 7,547 mark — a gain of 0.4%.
Here is the chart as it stands:
“This comes by way of a narrowing in the UK election race pushing GBP lower for a welcome translational boost,” Mike van Dulken at Accendo Markets said in a note to clients.
“The FTSE 100 is buoyed by Pharma (broker upgrade on GSK; weaker GBP), BATS & ULVR (weaker GBP), WPP (Blackrock using big data for ad targeting) as well as RIO (oil) and BT. Holding it back are mainly the Banks (UK election polls), RDSb (oil price drop), SHP and ABF,” he said.
The FTSE 100’s new record high is just one of more than a dozen all-time peaks the index has hit since Christmas 2016, as it continues to benefit from the subdued pound in the aftermath of the Brexit vote last summer.
Though a weaker pound might seem like bad news for UK stocks, about 70% of the revenue of the companies that make up the FTSE 100 is derived from abroad, meaning they make more money when sterling is weak. That is because the index is full of mining companies, oil firms, and pharmaceutical giants that use the UK as a base but tend to denominate their assets in dollars.
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NOW WATCH: NASA just got its closest look at Saturn yet — here’s what it saw
May 26, 2017 at 07:06PM
from Ben Moshinsky
The pound drops towards $1.28 as the Tories’ poll lead continues to shrink
LONDON — The pound is nearly 1% lower on Friday after a poll showed the Conservative Party’s lead in the general election narrowing substantially.
The poll, published by YouGov late on Thursday, showed the Labour Party increasing its projected vote share by five points to 38%, while the Conservatives saw theirs drop to 43%, a fall of one point.
While the party still has a solid lead, projections done alongside the poll show that if the results were repeated on June 8, Theresa May’s majority in parliament would be reduced to just two seats.
Sterling has rallied since the election was called, passing above 1.30 on the dollar for the first time since September 2016 in recent weeks. That has been based largely on the assumption that May’s Conservative Party will win an increased majority at June’s election, paving the way for her to take a more conciliatory stance on Brexit, and move away from the sort of Brexit favoured by hardline Conservative MPs, who currently have a disproportionate influence on policy thanks to the party’s slim majority.
However, if her majority were to decrease, it would threaten this view.
The poll has pushed currency investors to sell sterling on Friday, with the currency losing 0.97% and dropping towards the $1.28 mark. Here’s how it looks as of 2.50 p.m. BST (9.50 a.m. ET):
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NOW WATCH: SCOTT GALLOWAY: WeWork is arguably the most overvalued company in the world
May 26, 2017 at 07:06PM
from Will Martin and Thomas Colson
Competition and Mkts : Merger Update
Anglo American PLC : Publication of Offering Circular
A $33 billion hedge fund shared 5 lessons that have shaped how it invests
A $33 billion hedge fund has some advice to share as its industry faces notable headwinds.
Elliott Management, an activist hedge fund founded by billionaire Paul Singer, laid out some of its major lessons in a private first-quarter letter to investors. A copy of the note was reviewed by Business Insider.
“Some of these lessons needed to be actually experienced to be incorporated at a deep level in the decision-making of a team, whereas others could be gleaned secondhand,” the hedge fund said.
Here are the five pieces advice, which the fund said came in no particular order:
- “No security price is too high (or low) that it cannot go higher (or lower);
- Turns in markets are impossible to time;
- Big changes in market prices frequently occur far in advance of when the reasons for the changes become apparent, and by then it is too late to incorporate the new information into one’s trading at the old prices;
- One of the most important reasons to avoid significant losses is to avoid the painful and sometimes terminal effect of severe adversity on the quality of money managers’ decision-making processes; and
- A wide and deep education about the world, not just about capital structures, corporate business strategies and industry dynamics, is essential to the long-term success of money managers.”
These lessons “have shaped Elliott’s attitude towards trading, investing, predictability of markets, risk management and building an organization,” Elliott added.
The hedge fund industry has been facing notable challenges, such as complaints from clients over high fees and underperformance, and several iconic funds, like Eton Park and Perry Capital, have shut down. Elliott, in its letter, laid out this backdrop in explaining what it had learned over the past several decades as it has grown to be one of the biggest players.
Elliott appears to be growing even more. The fund, which raised $5 billion in less than 24 hours earlier this month, says it has been building up its cash reserve to deploy during future market turmoil.
Elliott’s flagship fund, called EALP, has a compounded annual return of 13.5% since launching on February 1, 1977, according to the letter.
SEE ALSO: A legendary hedge fund that raised $5 billion in 24 hours expects ‘all hell to break loose’
DON’T MISS: $33 BILLION HEDGE FUND: There could be a recession if the Trump administration doesn’t get its act together
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NOW WATCH: Trump is reportedly selling his Caribbean estate for $28 million — take a look inside
May 26, 2017 at 07:06PM
from Rachael Levy
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