Saturday, 22 September 2018
Latest news
Home » Finance


Linde board approves merger with Praxair


The all-share merger of equals is meant to create a market leader that will overtake France's Air Liquide, reuniting a global Linde group that was split by World War One a century ago. "They may be sitting in retirement somewhere on Majorca and don't even know that Linde is doing a merger". Angel will become CEO of the new group and will also be a board member of the new holding company, which will be governed by a 12-member board of directors with equal representation from Linde and ... Read More »

Stock Churning Higher Mid-Day Broadcom Limited (NASDAQ:AVGO)


It has a 41.8 P/E ratio. In the semiconductor products segment, the Company designs, develops, makes and markets microcontrollers, development tools and analog, interface, mixed signal and timing products. Gemmer Asset Management Limited Liability, a California-based fund reported 117 shares. Quantitative Invest Mgmt reported 72,300 shares. Broadcom Ltd (NASDAQ:AVGO) pays an annual dividend of $4.08 with a yield of 1.74%. Read More »

Paris climate deal: Jokes, sunken cities and scuba golf

The plans are not legally binding, but developing and developed countries are treated differently because developed countries, on a per capita basis, often produce more greenhouse gases than developing countries. Trump's decision, as critics have pointed out, is based on questionable data and a shocking lack of concern for the environment. "Without global action to drastically curb carbon pollution, climate change threatens the safety and security of the planet, especially in places like ... Read More »

Sterling drops after poll suggests hung United Kingdom parliament

These results would mean that a coalition between the Tories and the Lib Dems wouldn't work because, even if they joined forces, they still wouldn't reach the required number of seats. YouGov firm acknowledged that its predictions were controversial and that they suggested big swings in the usual voting patterns for many Britons. Read More »

Friday's US jobs report for May likely to show steady gains

The past two months of job growth were also lower than originally reported, with March revised down to just 50,000 jobs added and April down to 174,000. "While the message was a little muddied today, the evidence generally suggests the labor market is cyclically tightening, and the Fed will need to continue to lean against that", said Michael Feroli, an economist at JPMorgan in NY. Read More »

The ball is in BC Premier Christy Clark's court, political scientists say

She said she plans to bring the house back in June and made the decision to test the will of the legislature after consulting constitutional experts. Nelson-Creston MLA Michelle Mungall was informed via conference call of the historic agreement between the Greens and the NDP, but it took her a while to get her head around exactly how this is all going to work. Read More »

Holes in Trump's reasoning on climate pullout


By withdrawing from the Paris Climate Agreement , President Trump has not only created a damaging legacy that will impact the most vulnerable communities around the world, he's hurting Americans, including those who voted him into office. Environmental group Climate Action Network said the USA withdrawal from the Paris agreement "signals that the Trump administration is in total discord with both reality and the rest of the world". Read More »

USA job growth slows as unemployment rate drops to 4.3%

In commodities, however, oil prices resumed their slide with key futures contracts down more than 2 percent amid worries that U.S. President Donald Trump's decision to abandon a global climate pact could spark more crude drilling in the United States, stoking a persistent glut in global supply. Read More »

Chicago Equity Partners LLC Sells 21165 Shares of Time Warner Inc (TWX)

It has underperformed by 16.70% the S&P500. HPM Partners LLC acquired a new position in Time Warner Inc (NYSE: TWX ) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The Company's divisions include smokeable products, smokeless products and wine. It has a 135.91 P/E ratio. (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, ... Read More »

ISIS claim responsibility for gunfire at popular resort in Philippines

He added the authority would instruct shopping malls and hotels to be stricter with their security and that protocols would be reviewed. We are just alert. "I could not carry her". Georgina Alvarez, chief legal officer for Resorts World, choked up as she read the names of the dead to reporters and family waiting outside the casino. Read More »

India's environment organisations blast Trump's Paris deal decision

A signature diplomatic achievement for Obama, the Paris accord was celebrated at the time as a universal response to the global warming crisis. The U.S. Trump offered no details about how, or when, a formal withdrawal would happen, and at one point suggested a renegotiation could take place. Mr. Trump pointed out that with the current agreement, China and India could continue to increase their pollution for a decade or two without penalty while the US could not. Read More »

House approves increased taxes on automobiles, fuel


Household income from cash transfers will add to additional take-home pay expected from the lowering of personal income taxes, Wan said. The bill goes to the Senate for deliberation. Under HB 5636, the maximum rate of personal income tax will be reduced overtime from the current 32 percent to 25 percent, except for high income earners. Read More »

NVIDIA Target of Unusually Large Options Trading (NVDA)

Jaffetilchin Investment Partners Llc decreased its stake in Nvidia Corp (NVDA) by 64.98% based on its latest 2016Q4 regulatory filing with the SEC. Edgewood Management LLC now owns 4,913,667 shares of the computer hardware maker's stock worth $524,485,000 after buying an additional 72,672 shares during the last quarter. Read More »

Merkel: Paris climate pact needed for sake of Mother Earth

Trump said the United States was "getting out" of a deal he said imposed "draconian" burdens costing billions of dollars and millions of So when President Trump says that he's putting America first by withdrawing from the Paris climate accord , we're not buying it. Read More »

Lululemon Athletica Sharply Higher After Q1 Beat And Raised Guidance


The rating was maintained by FBR Capital with "Underperform" on Thursday, December 10. As per Friday, January 29, the company rating was maintained by Credit Suisse. Ubs Asset Mngmt Americas accumulated 481,642 shares. Qs Investors Ltd Liability reported 0% of its portfolio in Lululemon Athletica inc . Gabelli Funds Lc invested in 34,000 shares. Read More »

Oil rebounds but ends week lower amid OPEC cuts disappointment

Opec originally increased production to lower the oil price , making fracking less cost-effective, so forcing shale oil producers out of business. Investors seemed to focus on that reality on Thursday, when they pushed the price of crude to levels seen before OPEC's meeting in November. Since then, the low oil prices environment has been also costly for USA shale oil producers who managed to adapt to the new price setting. Read More »

YouTube attempts to tackle thorny issue of advertising and hateful content


The final category is somewhat broad: " incendiary and demeaning content " means that anything "gratuitously" demeaning or shameful toward an individual or group is prohibited. For example, video content that uses gratuitously disrespectful language that shames or insults an individual or group. Rather than censoring online content, YouTube is actually trying to push creators towards creating content that appeals to advertisers, which in turn makes the platform and the creator monetize better. Read More »

Ambani says India's RCom to complete deals by Sept to raise cash


Reliance Communications-which went to Anil-has struggled in an increasingly competitive market, particularly after Mukesh's Reliance Jio Infocomm Ltd . Given its high level of debt, RCOM's business model is compromised due to fierce price competition in the Indian mobile market. At end-March 2017, liquidity was poor with cash and equivalents of Rs 14 billion-insufficient to pay short-term debt of Rs 109 billion. Read More »

US backs out of Paris climate accord

Trump says the deal, a landmark 190-nation climate agreement aimed at reducing carbon emissions to slow climate change, "disadvantages" the USA and is causing lost jobs and lower wages. Her husband and senior Trump adviser Jared Kushner and Secretary of State Rex Tillerson also lobbied to stay in the agreement. U.S. Rep. Frank Pallone, D-N.J. Read More »

JPMorgan's Dimon says he disagrees with Trump's Paris climate accord withdrawal

Business chiefs have joined world leaders in condemning Donald Trump's decision to withdraw from the Paris climate change deal as experts warned it could backfire on the United States economy. He vowed to stand with the American people against what he called a "draconian" global deal. The American Petroleum Institute, the oil and gas industry's biggest trade group, meanwhile, issued a statement saying it had never taken an official position on the Paris accord. Read More »

Livaja hopeful that BC will see NDP leadership in place


Both Horgan and Weaver campaigned against Trans Mountain, a factor University of British Columbia professor George Hoberg said was certainly part of the election result and a sign that a majority of British Columbians don't want the pipeline to be twinned. Read More »

US Navy Accepts Its Newest Aircraft Carrier


Huntington Ingalls Newport News Shipbuilding handed the massive 100,000-ton ship over to the Navy on May 31 following her successful completion of acceptance trials on May 26. Trump pleaded with the Navy to stick with steam-turbine aircraft catapults instead of a newer technology, the Electromagnetic Aircraft Launch System. Read More »

DNC Fires Back at Hillary For "F***ing Bullshit" Data Complaints

So I hope that we'll get enough information to be able to answer that question". Clinton on Wednesday took responsibility for "every decision" she made throughout the campaign, but said "that's not why [ she ] lost". More recently, there was her testimony in front of the committee investigating the attacks on a USA post in Libya that resulted in the deaths of four Americans, including the US ambassador: "Was it because of a protest, or was it because of guys out for a walk one night who ... Read More »

Disney CEO Iger quits Trump council over climate decision

Back in the United States, former President Barack Obama - who helped shape the Paris accord - said Mr Trump's administration was joining "a small handful of nations that reject the future". Democrats blasted the president's move. Germany said the USA was "harming" the entire planet, and European Commission President Jean-Claude Juncker called the decision "seriously wrong". Read More »

Clark acknowledges her government likely to fall

It is likely that she will turn first to Christy Clark's Liberals, who won the most seats. "With this historic result, British Columbia can finally put the ineffective two-party system behind us", said Weaver after the final vote totals were announced. Read More »

HC Wainwright Reiterates "Buy" Rating for CytRx Co. (CYTR)

Another critical number in evaluating a stock is P/E or the price to earnings ratio . It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. So when the price drops below that moving average it signals a potential reversal based on that MA. Look at the direction of the moving average to get a basic idea of which way the price is moving. Read More »

Donald Trump talks to key world leaders after dumping Paris deal

Though the pledges under Paris still would allow for a risky increase in warming above pre-industrial levels, US participation would have brought more credibility to the process and leverage to the enforcement measures. Even at the 11th hour, efforts to dissuade Trump continued. Their announcement Thursday came just after Trump's formal declaration that he meant to remove the USA from the deal. Read More »

Comey to testify before Senate committee


The New York Times , citing a memo by the fired FBI chief, reported Trump had asked Comey to shut down the federal probe into one-time national security adviser Michael Flynn's connections with Russian Federation. "By grandstanding and politicizing the investigation into Russia's actions, James Comey created unnecessary pressure on our ability to engage and negotiate with Russian Federation", he said. Read More »

Mondi Plc (MNDI) Rating Reiterated by Credit Suisse Group AG

As per Wednesday, May 18, the company rating was initiated by Argus Research. Its up 4.67% from 3.50 million shares previously. The firm has "Neutral" rating given on Monday, March 13 by BNP Paribas. The Company operates through five segments: Zambia, which includes emerald and beryl mining activities; Mozambique, which includes ruby and corundum mining activities; United Kingdom, which includes sales of cut and polished gemstones, marketing, technical and administrative services; Faberge, ... Read More »

Next Weeks Broker Price Targets For Mead Johnson Nutrition Company (NYSE:MJN)

The firm has a market cap of $16.39 billion, a P/E ratio of 28.038 and a beta of 1.38. Given that liquidity is king in short-term, LL is a stock with 28.29 million shares outstanding that normally trades 26.31% of its float. Dnb Asset Mngmt As owns 100,987 shares. The Texas-based Eagle Glob Advsrs Ltd Llc has invested 0.02% in Goldfield Corp (NYSEMKT:GV). Henderson Grp Public Limited Co reported 28,425 shares stake. Read More »

Schlumberger NV (NYSE:SLB) Receives An Update From Brokers


It has underperformed by 20.00% the S&P500.The move comes after 6 months positive chart setup for the $94.40 billion company. (NASDAQ:DAKT). Vanguard Group invested in 0% or 1.94M shares. It turned negative, as 10 investors sold Daktronics, Inc. shares while 35 reduced holdings. Cwm Ltd Liability Corp holds 1.2% or 233,220 shares. 1832 Asset Mgmt LP holds 123,080 shares. Read More »