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General Electric Company (GE) Issues FY17 Earnings Guidance


General Electric Company (NYSE:GE) have shown a low EPS growth of -4.10% in the last 5 years and has earnings growth of 46.20% yoy. The company agreed last month to reduce costs further, following talks with shareholder Trian Fund Management, increasing pressure on Mr Immelt. Read More »

Markets Right Now: An early gain gone, stocks end lower


The Nasdaq Composite Index gained 13.56 points, or 0.23 percent, to 5,863.03. Federal Reserve Vice Chairman Stanley Fischer said on Wednesday that us policy normalization is likely to be gradual, media reported. Hong Kong's Hang Seng index fell 0.4 percent. Facebook FB.O was up 1.3 percent and provided the biggest boost to the S&P and the Nasdaq . Meanwhile, West Texas Intermediate was up 0.9% to $51.31 a barrel and Brent crude was 1% higher at $53.46. Read More »

Le Pen slips behind Macron in French election race


But a political scientist, who predicted Donald Trump's victory, said she doesn't need it. The progressive candidate was so excited about the call that he filmed it. "The waiters told us to get out the back of the restaurant, but there was no exit so we had to hide in a back courtyard", she said, as the lights of dozens of emergency vehicles flashed. Read More »

Stanley Black & Decker tops Street 1Q forecasts


Stanley Black & Decker has set its FY17 guidance at $6.85-7.05 EPS. Nomura began new coverage on Stanley Black & Decker, Inc. giving the company a "buy" rating. The correct version of this story can be viewed at Read More »

Trump to sign measures to review financial regulation


The White House is issuing an executive order that will direct the Treasury Department to identify and reduce tax burdens, as well as review banking and insurance company reforms implemented after the 2008 economic crisis that those businesses complain are unfair, according to a report by Reuters . Read More »

Why American Express Company Stock Jumped 6% Today


Apart From last year's Costco-related business and the impact of foreign exchange rates, adjusted revenues net of interest expense grew 7 percent.1 That is up from a year-over-year increase of 6 percent in the prior quarter.1 Those increases mainly reflected higher adjusted Card Member spending and adjusted net interest income. Read More »

Trump celebrates after his unpopularity puts red seats in play

Even with being outspent 2-to-1 with ad buys and robocalls by President Trump and his billionaire friends, Democrat Jon Ossoff will enter Georgia's Sixth Congressional District Special election runoff in a strong position, thanks to a groundswell of grassroots volunteers. Read More »

Starbucks Has Unveiled a Unicorn Frappuccino-Solidifying (or Killing?) the Trend


For context, the limited-run (April 19-23) beverage comprises 410 calories, 16 grams of fat, and 45 milligrams of cholesterol. And honestly, what can be more magical than a drink that changes colors and flavors as you drink it? A simple stirring of the drink will transform it right in front of your eyes from purple and blue with a sweet and fruity flavor to a pink drink that tastes tangy and tart. Read More »

UK's May wins MPs' backing snap poll

Praising MPs for backing her during a stump speech in the north-west of England, the PM said: "It's great to be here in Bolton, fresh from the House of Commons, fresh from winning a vote in the House of Commons, which has approved my decision to hold a general election on June 8". Read More »

UK Snap Election Called to Strengthen May's Mandate for Brexit Talks - Lawmaker


Labour leader Jeremy Corbyn set the tone for his campaign by criticising May for her "broken promises" on healthcare and education, and jabbed at her for not agreeing to take part in television debates before the election. Though May has been cautious in detailing her Brexit strategy, traders think a big victory for in the election could give her ammunition in dealing with those within her own Conservative Party who are urging a complete, "hard" divorce from the European Union - even if that ... Read More »

No one will be fired in United passenger dragging incident

In a recent interview with industry publication Corporate Counsel , Hawaiian Airlines chief legal officer Aaron Alter said that there are important lessons to be learned from the current crisis of reputation facing United. This Sunday, April 9, 2017, image made from a video provided by Audra D. Bridges shows a passenger being removed from a United Airlines flight in Chicago. Read More »

Wells Fargo ups sales practices settlement to $142 million


Zacks Investment Research downgraded shares of Wells Fargo & Company from a "buy" rating to a "hold" rating in a report on Saturday, December 31st. The firm's revenue was down.9% compared to the same quarter past year. During the same quarter previous year, the business posted $0.99 EPS. Equities analysts predict that Wells Fargo & Co will post $4.19 earnings per share for the current year. Read More »

Dade says it's following immigration law


The Trump administration as a whole has taken a hard-line stance on immigration, calling for the speedy removal of criminals while also broadening the levels of crime that could subject someone to deportation. It is named for Edward Byrne, a murdered New York City police officer. The number of murders in particular has plummeted: In 2016, the total murders in the city were 335 - down from 352 in 2015 and 673 in 2000. Read More »

Dollars to GBP Exchange Rate Slumps after UK General Election Announced


After the British pound took centre-stage on Tuesday with its second-largest one-day rise since 2008, the Australian dollar was the biggest mover on major currency markets on Wednesday, sliding 0.7 per cent as iron ore prices took a dive. A run of disappointing United States economic data and doubts the Trump administration will progress with tax cuts have quelled expectations of faster inflation and boosted fixed-income debt. Read More »

Oil recoups losses, but USA oil output growth weighs

Last November, OPEC members along with non-OPEC countries such as Russian Federation have agreed to reduce their daily output by 1.8 million barrels during the first half of this year in a bid to end the global supply glut. Oil edged higher on April 19 as OPEC said it was committed to eroding a global surplus of crude, but increasing shale production in the US and still-high global stocks threatened to pull prices lower. Read More »

Obama chats with French presidential candidate


French police are hunting a man identified by Belgian security services in connection with an attack on police officers in Paris Thursday, a French interior ministry spokesman said . However, there can be no doubt that this attack will further the divide between those voters who are at some level tolerant of the rising population and influence of Muslims in France, and those who support Le Pen, who has held firm on her anti-Sharia and immigration reform ideals in the run up to the ... Read More »

Netflix's (NFLX) Buy Rating Reaffirmed at Bank of America Corp


Netflix also predicts that the advent of digital distribution services such as Sling, Playstation Vue, DirecTV Now, YouTube TV and Hulu's forthcoming service won't have much of an impact on Netflix business. This means the streaming company is paying virtually no tax outside of the U.S., where it made a taxable profit of $606 million from revenues of $1.47 billion. Read More »

Can Far-right candidate Marine Le Pen win the French election?


Investors appear to be judging that the prospect of a stronger mandate for May in parliament would potentially give her more chance of making the major compromises with the European Union necessary to smooth Britain's exit from the bloc and limit any damage to the United Kingdom economy. Read More »

U.S. transportation sector adds another 3500 jobs in March


Retail jobs fell by 30,000 and construction was up just 6,000 after a gain of 59,000 in February. This placed Gallia 13th out of 88 counties, in terms of unemployment. US employers added just 98,000 jobs in March, the fewest in a year, though the unemployment rate fell to a almost 10-year low of 4.5 percent. In March construction companies added just 6,000 jobs, the fewest in seven months and 52,000 fewer than in February. Read More »

Honeywell International Inc. (HON) Stock Jumps on Q1 Earnings, Forecast


The biggest holder now is David M. Cote who owns 165,495 shares (0.02% of those outstanding), whilst Mr. Roger B. Fradin holds 144,296 (0.02% of shares outstanding) and Larry E. Several equities analysts have recently commented on HON shares. Morgan Stanley upped their price objective on shares of Honeywell International from $126.00 to $132.00 and gave the stock an overweight rating in a report on Monday, January 30th. Read More »

China 'seriously concerned' about North Korea


According to the report , the military might attempt a missile shoot-down with an Aegis missile-defense system aboard a USA navy destroyer. That program has also been in existence for over a decade, but only about half the tests have been successful, according to the Defense Department. Read More »

SunTrust Banks, Inc. (STI)

SunTrust Banks, Inc is a provider of financial services. Finally, BTIM Corp. boosted its position in shares of SunTrust Banks by 6.9% in the third quarter. A number of other research firms have also weighed in on STI. Currently, the market capitalization of SunTrust Banks, Inc . Sandler O'Neill upgraded SunTrust Banks from a "hold" rating to a "buy" rating and set a $62.00 price target for the company in a research report on Monday, January 23rd. Read More »

Indiana House falls just short of passing pro-Airbnb bill


In making the announcement, House Speaker Brian Bosma, R-Indianapolis, called the funding agreement "the strongest, absolutely best infrastructure program in our state's history". He says it assures the state of adequate funding to build and maintain roads, and will bolster the image the state has worked to cultivate as an attractive place for businesses. Read More »

U.S. rig count rises 10 this week to 857; Texas up 6


Canada lost 19 oil and gas rigs this week, but still sits at 59 above last year's count. The oil rig count was at its highest level since the week ending April 24, 2015. The rig count has more than doubled since hitting its recent low of just over 400 in May. Moreover, the firm expects the count to increase another 20% quarter-over-quarter in the second frame. Read More »

Plans to raise probate fees appear to be scrapped


The proposals also faced backlash at the Treasury Select Committee's hearing on the upcoming Finance Bill with Chas Roy-Chowdhury, head of taxation at ACCA, saying that "the people who devised probate fees did not really know about tax.' While Nick Parker, deputy president at the ICAEW, branded the project as 'clearly a money raising exercise". Read More »

Paris police detain 3 relatives of gun suspect


French authorities are searching the dead gunman's house and have taken three family members into custody. A police manhunt has been launched for another man believed to be involved. The outgoing president has also scheduled an emergency security cabinet meeting on Friday. Officials said the assailant was armed with an automatic firearm akin to a "war weapon". Read More »

Grizzlies' Fizdale fined $30000 for officiating rant

The Grizzlies are without defensive stalwart Tony Allen (calf) and have thrown a variety of defenders at Leonard to no avail. The San Antonio Spurs are 10-0 straight up and 8-2 against the spread in their last 10 postseason games against the Memphis Grizzlies . Read More »

UK lawmakers approve general election for June

Prime Minister Theresa May said on Wednesday an early election would strengthen her at the " most crucial point" in Britain's divorce talks with the European Union, as she prepared to ask parliament to approve a vote in just seven weeks' time. Read More »

Sentence next for Volkswagen in US diesel emissions scandal


The German automaker pleaded guilty in March to fraud, obstruction of justice and falsifying statements after admitting to installing secret software in 580,000 US vehicles.Speaking on behalf of Volkswagen, general counsel Manfred Doess said the company "deeply regrets the behavior that gave rise to this case". Read More »

Sensex climbs 162 points on renewed hope of U.S. tax cuts


The 30-share index had soared about 162 points to hit a high of 29,584.34 in early deals, but surrendered gains in mid-session selling. "Markets ended with modest losses on Friday after a positive opening as investors remained cautious due to mixed earnings and ahead of first round of French Presidential election on Sunday", Deepak Jasani, Head - Retail Research, HDFC Securities, told IANS. Read More »

Drift analysis says MH370 likely crashed north of search


But relatives pleaded for the search to be extended following analysis by Australian and global experts released in December that concluded the aircraft was not in the search zone but may be further north. Extensive research was carried out to estimate how the flaperon's drift would be affected by wind and waves on the Indian Ocean. "We can not be absolutely certain, but that is where all the evidence we have points us, and this new work leaves us more confident in our findings", Griffin ... Read More »

United Kingdom retail sales post biggest quarterly fall since 2010

Indeed analyst David Cheetham at XTB said more recent data had showed better than expected level of retail spending over the Easter weekend, with Barclaycard reporting a 13% increase for in-store purchases. Ruth Gregory, UK economist at Capital Economics , added the slowdown retail sales suggested the consumer spending slowdown was gathering pace and added to other evidence indicating that the economic recovery has slowed since the end of previous year. Read More »