North America

General Views Of Sherwin-Williams Store Ahead Of Earnings

Valspar Stock Soars While Sherwin Williams’ Tumbles Following The Acquisition Deal

Sherwin Williams doesn’t claim to have vast track record in acquisition and possesses experience of getting blocked in deals by the antitrust authorities. Its recently announced acquisition deal has been questioned by the analysts centering accusations of over valuation. Following the announcement, Valspar stock has been witnessed to soar while that of Sherwin Williams to tumble during extended hours trading on Monday.

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US-FINANCE-FORUM

OPIC Sanctions $421 Million Debt Financing To India’s Solar And Internet Projects

OPIC, a US private development finance institution has extended support to India to build a low carbon economy and expand the internet infrastructure. It has sanctioned $421 million for India’s solar and development projects. The OPIC finance will exert its impact upon lives across the developing world while transforming focus from Southeast Asia to India.

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Apple Introduces New Products

Apple Introduces iPhone 5S: The New iPhone SE

Apple has unveiled the new iPhone SE- iPhone 5S on Monday at its Cupertino campus. The new product with 16GB storage will cost $399 and with 64 GB for $499. The slimmer product has been developed following stronger opposition from the Apple customers against upgrading the 4.7 inches and 5.5 inches smart phones.

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GERMANY-IT-FAIR-CEBIT

Intel and AMD Shares Were Hurt By PC Low Sales

As sales in PC industry weakening, chipmaker were traded low on Monday. Intel and AMD were hurt by the low sales.

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DraftKings Inc. And FanDuel Inc. Applications As Ad Spending Increases

FanDuel and Draft Kings Will Stop Operations in New York

Fantasy sport games FanDuel and Draft Kings will stop their paid contests in New York. The companies will wait for regulation to legalize their operation.

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SAUDI-OIL-ARAMCO

Saudi Arabia to takeover largest US refinery

Saudi Arabia's state-owned oil major Aramco will takeover Port Arthur Texas refinery in the US. Saudi Arabia will refine its oil shipped from Middle East at Port Arthur refinery and also sell it in the huge North American market.

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Images Of Gold Sales In Zaveri Bazaar As Gold Demand Set To Fall

Gold below $1,250/oz on profit booking

Profit booking pulled yellow metal on Monday below psychological mark-$1,250 an ounce. Gold price fell for four weeks in the past five weeks.

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Freedom Communications Files For Bankruptcy

Digital First Media Will Acquire Freedom Communications' Newspapers

The second largest U.S. newspaper chain will soon add two newspapers in California. Digital First Media gain the advantage after Tribune Publishing faced regulatory hurdle to acquire Orange Country .

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Trading At The NYSE As Emerging Markets Lead Stocks Higher

Kopernik Fund moves up with value addition

Financial analysts David Iben-led Kopernik Fund is passing through a totally reverse situation as its performance is soaring from bottom to the top with rising valuations. The $682-million Kopenik Global All-C fund recorded a 15 percent growth in 2016 so far ahead of 99 percent of its peers.

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Aeropostale Welcomes YouTube Celebrity Bethany 'Macbarbie07' Mota At Exclusive Meet & Greet

As Problem With Sycamore Worsened, Aeropostale Can Use Its Instagram Star

Bethany Mota, the YouTube and Instagram star may be the last hope to help Aeropostale. The retailer can bring millions of Mota's follower in Instagram and YouTube to the store.

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Prime Minister Narendra Modi Attends 25th Foundation Day Of Nasscom

India moves WTO over US doubling visa fees

India is seeking World Trade Organization's (WTO) intervention over increasing visa fees by the US. The visa fee for H-1B has been doubled to $4,000 and it's $4,500 for L-1 visa, as fixed by the US government.

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JAPAN-AUTO-TECHNOLOGY-TOYOTA

Automatic emergency braking will be standard in US cars by 2022

The US automobile industry will have the automatic emergency braking system in place by 2022. About 20 automobile manufacturers representing over 99 percent of US automobile industry have agreed to implement automatic emergency braking system in their vehicles.

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Sen. Bernie Sanders and Sen. Elizabeth Warren

Bernie Sanders, Elizabeth Warren seek hedge fund regulation

Recently unveiled new Brokaw Act is a Congressional effort to regulate activist funds. The new act aims at regulating activist funds. Democratic Presidential candidate Bernie Sanders and Massachusetts senator Elizabeth Warren have co-sponsored the Brokaw Act.

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Pumpjacks Pumping Oil

Pacific Exploration Corp explores 6 buyout offers

Pacific Exploration & Production Corp is actively examining six buyout offers. The Canada-listed company is in the process of avoiding bankruptcy. The company's board is likely to take its final decision by this weekend.

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U.S. Treasury Department And USAID Host Financial Inclusion Forum

JPMorgan Board Approves Repurchase of $1.88 Billion In Stock

JPMorgan board has announced the approval of $1.88 billion buy-backs in stock. The recent buy back decision follows its earlier precedence of repurchasing stock for $6.4 billion. The board has allowed flexibility in timeframe and quantity of purchased shares or even pulling out from the decision at company’s own discretion.

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