Shares | Common News Update

Aug262019 by adminNo Comments

Watch: BTS shares ‘2019 Summer Package in Korea’ teaser

Aug. 26 (UPI) -- South Korean boy band BTS is giving fans a new glimpse of its 2019 Summer Package in Korea. The K-pop group released a new preview Monday for the annual release. The teaser shows BTS members Jin, Suga, J-Hope, RM, Jimin, V and Jungkook relaxing in the Korean countryside. The boy band enjoys food, goes paragliding and plays games. BTS released a first preview Aug. 15 showing stylized shots of the members.[embedded content] BTS has previously visited Saipan, Dubai and Kota Kinabalu for its summer packages. This year's package includes a DVD, a photobook, mini posters and other items. BTS announced this month it will take an extended period of rest and relaxation. The members will use the hiatus to "recharge and prepare to present themselves anew as musicians and creators....

Aug232019 by adminNo Comments

Eddie Stobart chief leaves as shares suspended

Business

Eddie Stobart has suspended trading in its shares and announced that its chief executive will stand down with immediate effect, as the firm looks into accounting discrepancies.The firm also warned its results for the first half of 2019 would be "significantly lower" than forecast.The transport company, known for its green and red lorries, revealed a £2m error in its 2018 results last month.A review of past accounts uncovered the problem.The review is being undertaken by chief financial officer, Anoop Kang, who joined in April, alongside external auditors. It found that in 2018 operating profits were overstated by about 4%.Publication of the firm's results for the six months to 31 May has also been delayed, They were due to be released on 29 August, but ar

Aug92019 by adminNo Comments

Uber shares tumble as profit figures disappoint Wall Street

Technology

Uber's shares went into reverse on Thursday after the taxi-hailing company unveiled profit figures that failed to live up to expectations.Revenue growth slowed in face of heavy competition, leading to the company posting its largest quarterly loss.Uber and its rivals are spending heavily to expand, but boss Dara Khosrowshahi said that the competitive pressures are easing.But that didn't stop Uber's share price tumbling 13% in after-hours trading.On Wednesday, rival Lyft reported figures that were generally welcomed on Wall Street, and there was an expectation that Uber would also post positive numbers.But Uber's loss widened to $ 5.2bn (£4.3bn) in the three months to 30 June, from $ 878m in the quarter last year. The figures reflected $ 3.9bn of share-bas

Jul302019 by adminNo Comments

British Gas firm’s shares at 21-year low as boss to step down

Business

By James Sillars, business reporter Shares in British Gas parent Centrica are trading at levels not seen since 1998 after it reported a slew of negative news and said its chief executive was to go.Iain Conn, the company said, would "step down" next year following an "exceptionally challenging" period. The announcement was made alongside financial results which showed Centrica had swung to a £446m loss in the first six months of the year compared with profits of £704m in the same period last year.It blamed a string of problems including the impact of the price cap on default energy tariffs, warm weather and a further bleeding of 178,000 customers from its British Gas arm.Centrica said Mr Conn had "agreed with the board" to remain in post "to drive the r

Jul252019 by adminNo Comments

Shah receives Rs 15.26 crore dividend cheque on MHA’s shares in Repco Bank

Finance

NEW DELHI: Union Home Minister Amit Shah on Thursday received a dividend cheque of Rs 15.26 crore from the representatives of the Repco Bank, a multi state cooperative finance and development bank controlled by the Home Ministry. The Repco Bank is a multi state cooperative society established in 1969 by the central government for rehabilitation of repatriates from Myanmar and Sri Lanka, an official statement said. As on March 31 this year, the government of India held 49.15 per cent of the share capital, four southern state governments held 6.24 per cent and the remaining 45 per cent was held by individual repatriates. For the 2018-19, the total business mix of the bank was Rs 15,230 crore. The bank posted net profit of Rs 107 crore and declared a dividend of 20 per cent for its stakeholde...