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Brazil cuts spending and raises taxes

2015-09-15 01:46:49| BBC News | Business | UK Edition

Brazil announces $7bn of spending cuts and the return of an unpopular financial transactions tax to try to plug a huge black hole in the budget.

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Argus raises $26m to protect connected cars from hackers

2015-09-14 01:50:00| Wireless - Topix.net

Argus Cybersecurity founders from right to left: Zohar Zisapel, Chairman; Oron Lavi, VP R Ofer Ben Noon, CEO; Yaron Galula, CTO Israel's Argus CyberSecurity, one of the first companies in the world to provide anti-hacking solutions for connected cars, announced last week that it had raised $26 million in Series B funding. Investors include a who's who of the venture capital world, including Magna International, Allianz SE, and the SBI Group as well as existing investors Magma Venture Partners, Vertex Venture Capital and the co-founder of the RAD Group, Zohar Zisapel.

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Argus Raises JetBlue Airways Price Target to $29.00

2015-09-13 11:11:14| Airlines - Topix.net

The brokerage presently has a "buy" rating on the stock. Argus' price objective points to a potential upside of 12.93% from the stock's current price.

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UAW leader determined to get raises for workers

2015-09-12 03:58:45| Automakers - Topix.net

Detroit a With a contract deadline looming Monday, a top United Auto Workers official said he is "very determined" to get raises for veteran workers at Ford who haven't received an hourly pay increase in almost a decade. "We're going to make it happen because they're making plenty of money," Jimmy Settles, the UAW vice president leading contract talks at Ford, said in a video posted Friday on the union's Ford Department Facebook page.

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Credit Suisse Raises Southwest Airlines Price Target to $52.00

2015-09-11 07:21:52| Airlines - Topix.net

Credit Suisse's target price indicates a potential upside of 35.77% from the company's previous close. Southwest Airlines traded down 0.08% during mid-day trading on Thursday, reaching $38.27.

Tags: price credit target suisse

 

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