Business

Harley-Davidson Inc (HOG) Given Neutral Rating at UBS AG

However, Harley-Davidson's U.S. market share for the quarter was 51.3 per cent in the 601cc-plus segment, up compared with the first quarter in 2016. "First quarter USA retail sales were in line with our projections and we remain confident in our full-year plan despite global retail sales being down in the first quarter", said Matt Levatich, CEO, Harley-Davidson.

Business

Goldman Doubles Profit Despite Lackluster Trading Results

Goldman Sachs and Bank of America saw their net income and revenues increase in the first quarter of 2017, the global investment banking giants said Tuesday. Goldman's results stood in sharp contrast to other big US banks that have reported earnings so far. Investment-banking revenue, which includes fees from underwriting as well as advising on mergers, climbed 16% in the quarter.

Business

Symantec: Cyber Espionage Group Used Tools Described in CIA 'Vault 7' Leak

Editor's Remarks: Although Symantec stopped short of explicitly naming the CIA, its claim that the swathe of attacks spanning some 16 countries were carried out using previously top-secret hacking tools recently revealed by Wikileaks more or less indicates they were conducted by United States intelligence service.

Business

Southwest monsoon to be normal in 2017, says IMD

The southwest monsoon is considered normal when the rainfall is 96-104% of the long period average (LPA) and is considered to be above normal when it is between 105-110% of the LPA. Agriculture growth is estimated at 4.2% in 2016-17 and the country is expected a record food grain output of almost 272 million tonnes. "A good, well-distributed monsoon will keep food inflation risk on the lower side and give RBI the elbow room to ignite growth by keeping liquidity accommodative", said Rupa Rrege ...

Business

YouTube TV Launches in Five Markets

The company offers the first month free, and for a limited time, a free Google Chromecast after the first month paid. YouTube TV allows up to six people on one account, with the option for three to watch simultaneously. After years of boasting that it's bigger than TV, YouTube has joined the TV business. Among the offerings from the networks that are included are live sports from the NBA, MLB, NFL and the NCAA.

Business

Netflix shares head for new high after strong subscriber outlook

The company will reach that milestone this weekend if its projections are correct. The company is reliant upon marketing to attract viewers to its exclusive content, to do so it will target potential cable cutters to attract a new generation of viewers still to make the leap to its archives.


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