Thursday, 17 August 2017
Latest news
Home » Finance

Finance

Merkel's opposition in "shock" after third German state election loss

perth_map

Since 2012, the SPD saw a drop of 7% in North Rhine-Westphalia, that is, a significant blow for Martin Schultz . CDU won 34.3 percent of the votes against the Social Democrats' (SPD) 30.6 percent. According to Spiegel Online magazine, the victory in North Rhine-Westphalia is a great success for Merkel. "In case of victory of Petry, the U.S.is expected to cooperate more with Vladimir Putin and revival of the Russian-German Alliance, which was typical for the 19th century, will lead to ... Read More »

In A Historic First, Trump Visits Old City Of Jerusalem

perth_map

White House aides have tried to play down expectations for significant progress on the peace process during Trump's stop, casting it as more symbolic than substantive. Yet Trump may still need to engage in some delicate diplomacy following revelations that he disclosed highly classified intelligence Israel obtained about the Islamic State group with top Russian officials, without Israel's permission. Read More »

Over 19 Dead after Blast at Concert in Manchester

Gary Walker, from Leeds, was with his wife in the foyer waiting to pick up his two daughters who were at the concert. The exact cause of the blast is unknown, but police are treating it as a "terrorist incident." The New York Times said a suicide bomber may have detonated an explosive device filled with nails". Read More »

QUALCOMM, Inc. (QCOM) Stake Increased by Douglas Lane & Associates LLC

The stock of QUALCOMM, Inc . ILLEGAL ACTIVITY WARNING: This piece of content was posted by Transcript Daily and is owned by of Transcript Daily. Washington has 3,491 shares for 0.01% of their portfolio. Brean Capital reaffirmed a "hold" rating on shares of QUALCOMM in a research report on Thursday, January 26th. Ngam Advisors Lp who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $89.46B market cap company. Read More »

Ariana Grande Suspends World Tour After Terrorist Bombing

Ariana Grande's spokesman said the singer was "ok" and had been taken to safety. - Two US officials who spoke on condition of anonymity said that initial signs pointed to a suicide bomber as being responsible for the blast . A fleet of ambulances was seen rushing to the venue and bomb disposal teams were dispatched soon after. Other witnesses at the concert described the mayhem trying to exit the arena following the "bang". Read More »

Christie says he wouldn't have let Flynn in White House

perth_map

Gov. Christie on Monday said that if he were president, he wouldn't let Michael Flynn "in the White House, let alone give him a job". Assemblyman John Wisniewski, one of the Democratic candidates for governor who has filed a lawsuit to try to stop the project, said Monday the governor's comment showed Christie was using the development authority to improperly issue new debt. Read More »

UK police: 'A number of fatalities' at Grande concert

Isabel Hodgins, an actress who had been attending the concert, told Sky News: "Everybody was panicking, there was pushing up the stairs". "He's OK but he's cut his cheek", she said. I don't have words", she wrote. Police were called to the scene at 2133 GMT. The foyer connects the auditorium with Victoria train and tram station, a major transport hub on the northern edge of the city centre. Read More »

Iranian president calls US relations 'a curvy road'

perth_map

It was the Syrians and Iraqis who fought the terrorists and Iran , Hezbollah and Russian Federation were beside them. Earlier Monday, Iranian Foreign Ministry spokesman Bahram Qassemi called on Washington to abandon its "warmongering policy, intervention, Iranophobia and sales of unsafe and useless weapons to the main sponsors of terrorism", according to state-run Press TV. Read More »

Analyst Target Update on Enable Midstream Partners, LP (NYSE:ENBL)

It has outperformed by 14.87% the S&P500. Blackrock Advisors Limited Liability Corporation holds 35,602 shares. (Noble Energy). The company has market cap of $1.40 billion. American Campus Communities, Inc. Moreover, Royal State Bank Of Canada has 0% invested in EQT Midstream Partners LP (NYSE:EQM). For PTXP, the company now has $4.49 Million of cash on the books. Read More »

China, Russia to Build Commercial Jet

perth_map

Boeing and Airbus are to face a serious contender in the large passenger jet market after China and Russian Federation agreed to develop a rival to the world's biggest manufacturers of twin-aisle planes. Airbus and Boeing dominate China's market for passenger jets, which is growing in leaps and bounds as travel demand by Chinese consumers skyrockets. Read More »

Jeremy Corbyn says Labour's 'message is getting through' to voters

perth_map

The ballot on June 8 is "no ordinary election ", Ms Dugdale said, saying the result would determine the direction the UK takes for years to come and could even "determine whether there is a United Kingdom at all". Ms Dugdale added that "in places like East Lothian, Midlothian and Inverclyde, Labour beat the SNP at the council elections, with the Tories a distant third" and said in constituencies such as East Renfrewshire and Coatbridge, Chryston and Bellshill, Labour were best-placed to ... Read More »

Education secretary pushes school choice, gives no specifics

perth_map

Wednesday DeVos testifies before the House Appropriations Committee on the administration's budget proposal for the Education Department. "Every option should be held accountable but they should be directly accountable to parents and communities not to Washington, D.C., bureaucrats", DeVos said. Read More »

Wal-Mart's quarterly same-store sales beat estimates

Alibaba reported earnings on Thursday too, but profits missed forecasts and the stock fell 4% as a result. Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Wal-Mart Stores Inc. The shares gained as much as 1.2 percent to $76 in early trading after the results were released. Wal-Mart's financial reports do not break out revenues for e-commerce sales. Read More »

Harvard student submits rap album as final year thesis

perth_map

But one student has done just this as his final creative writing thesis and has not only passed but is graduating with one of the University's highest accolades. "Rhyming poems were very common in old English poetry". Obasi plans on releasing the album for free online in an effort to break into the industry. Read More »

Eye-Catching Stock: Kimco Realty Corporation (KIM)

Amica Pension Fund Board Of Trustees decreased Hess Corp (NYSE:HES) stake by 12,463 shares to 11,080 valued at $690,000 in 2016Q4. Thrivent Fincl For Lutherans reported 32,886 shares stake. UBS has "Buy" rating and $115 target. On Monday, February 6 the stock rating was upgraded by Mizuho to "Buy". Macquarie started coverage on shares of CoreSite Realty Corp in a report on Thursday, April 6th. Read More »

Pacific ministers commit to move ahead with pact without US

But the Trans-Pacific Partnership was tossed into disarray in January after President Donald Trump pulled the U.S. from the pact, branding the deal a "job killer". Canadian trade minister Francois-Philippe Champagne told Reuters they had "a good first meeting". However, on Sunday, the remaining 11 signatories of the TPP met on the sidelines of the Apec forum and said they would work towards reviving the deal. Read More »

Boeing Co signs defense, commercial deals with Saudi Arabia

The agreement involves Saudi Arabia buying Chinook helicopters in addition to related maintenance services and steered weapons systems. Boeing has emerged as one of the high-profile winners during the visit by the President of the United States to Saudi Arabia . Read More »

Reports of an explosion at a concert venue

USA law enforcement officials briefed on the rapidly unfolding police investigation in the United Kingdom have told several news outlets that early evidence points to a possible suicide bomber outside the venue as the cause of the explosion. Read More »

Betsy DeVos Gets Booed During Bethune-Cookman Graduation Speech

perth_map

Ever since students at the college had learned of her invitation , they had been fighting it. DeVos, a billionaire heiress who was nominated by Trump for education secretary despite having no experience as a teacher or school administrator, has raised and contributed millions of dollars to support the push for giving parents choices on where their children go to school. Read More »

Intel sharing at heart of US, Europe talks on laptop ban

President Donald Trump is engulfed in crisis amid reports that he shared with top Russian officials details about an Islamic State group terror threat related to the use of laptop computers on airplanes. Officials from Homeland Security met last week with high-ranking executives of the three leading USA airlines - American, Delta and United - and the industry's leading US trade group to discuss expanding the laptop policy to flights arriving from Europe . Read More »

Oil prices fall as White House proposes United States oil reserve sales

perth_map

OPEC's largest producer, Saudi Arabia said on Sunday that most members are agreeable on extending the output cut in the face of the global supply glut. "Low-cost producers selling their output in the spot market should further be incentivized to reduce inventories, to generate the backwardation linking spot oil prices near current levels and low deferred oil prices", they wrote. Read More »

Elections to 10 RS seats cancelled; no new date announced

perth_map

The polling and counting of votes was scheduled for 8 June. A brief statement from the EC said it had chose to "withdraw" the press note of May 16 announcing the elections to Rajya Sabha seats from Goa, Gujarat and West Bengal. Logistically, the secretaries of legislative assemblies are notified as Returning Officers for Rajya Sabha elections and they are also the assistant returning officers for presidential elections. Read More »

Prudential Financial Inc. Increases Stake in NRG Energy Inc (NRG)

The firm purchased 19,750 shares of the utilities provider's stock, valued at approximately $369,000. Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Down in the future. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States & worldwide copyright and trademark law. Read More »

Disruptive passenger in Trump cap delays Shanghai flight

perth_map

Strangely Chinese media has been silent on this incident and at this time it's not clear what became of the man in the MAGA hat. The airline has been in the spotlight in recent weeks after footage surfaced of a passenger being violently dragged off an overbooked flight from Chicago to Louisville, prompting widespread condemnation and an undisclosed legal settlement. Read More »

Appeals court strikes down FAA drone registration rule

perth_map

See also Michael P. Huerta, Administrator, Federal Aviation Administration v. Raphael Pirker, NTSB Order No. EA-5730, Docket CP-217 (Nov. 18, 2014) (holding that drones are "aircraft" subject to federal regulations). The court gave the FAA seven days to consider options . At the time, the agency noted that surging demand for small quadcopters and other models of unmanned aircraft systems necessitated quick action. Read More »

Greece fails to secure fresh bailout funds

perth_map

Greece needs new cash from the euro zone to avoid a default in July when it has to repay some 7.3 billion euros (S$11.37 billion) worth of maturing loans. Speaking ahead of the meeting, Dijsselbloem said if "all goes well", then a deal can be reached that will allow the money to be disbursed "well in time" of a summer debt repayment hump for Greece. Read More »

Peach becomes Japan's first airline to accept payment in Bitcoin

perth_map

In April, the cryptocurrency soared nearly 65%, making the total market cap of the asset reach $32.92 billion. Bitcoin is a digital currency based around cryptography and emerged in 2008. The total market cap of digital currencies demonstrated a significant growth over the last few weeks, now accounting for more than $79 billion. Bitcoin has become so large in term of circulation that it has become very hard to track transactions unless a heavy amount is paid in the name of minor's fee. Read More »

Pacific ministers meet seeking to finalize trade pact

The 11 countries represent roughly 13.5 percent of the global economy, according to the World Bank. A TPP of increased value could "attract the United States back" to the free trade deal, said Junichi Sugawara, a trade policy expert at Mizuho Research Institute. Read More »

Oil Edges Higher As OPEC Reaches Consensus On Cut Extension

The development came after Iraq and Algeria joined Saudi Arabia in supporting an extension to OPEC supply cuts. USA crude oil ETF United States Oil (USO - Free Report) and Brent crude ETF United States Brent Oil (BNO - Free Report) are down 17.5% and 15.5% so far this year (as of May 8, 2017). Read More »

France's new president meets United Nations chief

perth_map

On Monday, the president named Edouard Philippe, conservative lawmaker from the Republicans party, as his prime minister. Among the 18 ministers, four are affiliated with the left, two belong to the right, two are part of the centrist movement Modem, two other ministers come from Macron's political movement and there's one member from the Green party. Read More »

Financials Up as Blackstone Gains on Saudi Investment -- Financials Roundup

perth_map

We look forward to partnering with Blackstone , a recognized leader with a strong record of achievement across its extensive infrastructure projects. There is likely to be a significant requirement beyond the PIF commitment to United States infrastructure; however, as Blackstone noted, there are estimates of an infrastructure funding gap in the U.S. Read More »

Mnuchin Says U.S. Reserves Right To Be Protectionist

perth_map

Finance chiefs from the Group of Seven industrialized nations agreed to strengthen measures against cyberattacks as they wrapped up a two-day meeting Saturday, saying the threat to the global economy is increasing. He addressed the ministers during at the meeting. Mnuchin's presence was overshadowed by a political firestorm in Washington after Trump fired Federal Bureau of Investigation chief James Comey, whose agency was investigating links between the president's 2016 election campaign and ... Read More »