Business

Roku Gunning for $1B IPO

Roku Gunning for $1B IPO

The WSJ said the bank has hired Morgan Stanley and Citigroup to manage an initial public offering, aiming for a valuation of roughly $1 billion. Roku had 15 million monthly active users at the end of June, an increase of 43% vs a year ago. The company reportedly considered a confidential filing as long as a few years ago.


SBI reduces charges for NEFT, RTGS by upto 75%

SBI reduces charges for NEFT, RTGS by upto 75%

Additionally, the bank has also waived off charges for fund transfer of up to ₹1,000 done through Immediate Payment Service ( IMPS ) effective July 1, 2017. This fee has now been halved to Rs 1 for both mediums. Earlier, these charges were Rs 2, Rs 4, Rs 12 and Rs 20, respectively. For transactions between Rs 10,000 to Rs 1 lakh, the new rate is Rs 2.


Target Raises Second-Quarter Guidance

Target Raises Second-Quarter Guidance

OR boosted its stake in Target Corporation by 48.0% in the fourth quarter. Compton Capital Management Inc. Norges Bank acquired a new position in Target Corporation during the fourth quarter worth approximately $460,220,000. The Target Price for CVS Corp (NYSE:CVS) is $87.08/share according to the consensus analysis of analysts working on the stock. The business also recently announced a quarterly dividend, which will be paid on Sunday, September 10th.


Clinton Group Inc. Sells 2197 Shares of Time Warner Inc. (TWX)

Clinton Group Inc. Sells 2197 Shares of Time Warner Inc. (TWX)

About 169,118 shares traded. RI boosted its position in Time Warner Inc. It has outperformed by 19.67% the S&P500. Its down 10.49% from 3.71M shares previously. Among 10 analysts covering Aaron's Inc ( NYSE:AAN ), 5 have Buy rating, 0 Sell and 5 Hold. The stock of Time Warner Inc (NYSE:TWX) earned "Hold" rating by Drexel Hamilton on Thursday, February 9.



DJIA Today: Dow Jones Futures Hit Record Following Yellen Testimony

XAutoplay: On | OffThe Nasdaq composite and S&P 500 added 0.2%, while the Dow Jones industrial average was off about 0.1%. The financial index was the highest performer among the 11 major S&P sectors, rising 0.48%. Energy Information Administration (http://www.marketwatch.com/story/oil-extends-gains-after-upbeat-us-production-data-2017-07-12). Macy's rose 79 cents, or 3.7 percent, to $22.03.


Sebastian Gorka to CNN's Anderson Cooper

Sebastian Gorka to CNN's Anderson Cooper

Justifying the closure of the compounds at the time, Obama called them a "necessary and appropriate response" to alleged Russian meddling in the United States election. "We should have better relations", Gorka said. "At that point, you have to move on". Turning to the Islamic State's defeat in Mosul by US and coalition forces, Gorka attributed it to Trump's leadership.