Sunday, 20 August 2017
Latest news
Home » Finance

Finance

Iran's top leader opposes Iraqi Kurdish independence vote

perth_map

He urged Abadi not to trust the United States, adding that Washington and its allies are against the Iraqi unity and independence. USA -backed Iraqi forces have also dislodged Islamic State from Iraqi cities the militants captured, and are about to fully capture Mosul, which used to be their de facto capital in the country. Read More »

Stock in the Limelight: The Walt Disney Company (NYSE:DIS)

Walt Disney Company (The) (NYSE: DIS ) last announced its earnings results on Tuesday, May 9th. It has underperformed by 7.44% the S&P500. ( DIS ) stake by 10802.2% reported in 2016Q4 SEC filing. It indicates oversold and overbought price levels for a stock. Veritas Investment Ltd Liability Partnership reported 0.17% in Walt Disney Co (NYSE: DIS ). Read More »

Chinese dog meat festival goes ahead in Yulin

Activists in China saved up to 1,000 animals bound for the slaughterhouse Tuesday, ahead of a controversial dog-meat festival that many hoped had been called off. In 2016, they banned the slaughter of dogs in public in anticipation of protests. The Yulin Dog Meat Festival , held annually on the start of the summer solstice, is not - contrary to popular belief - a traditional Chinese practice, but was begun only in 2010 by dog meat vendors to boost dipping sales. Read More »

Chevron Corporation (CVX) Upgraded by Vetr Inc. to "Strong-Buy"

Gabelli Securities Inc sold 5,000 shares as Chevron Corp ( CVX)'s stock declined 3.45%. Qv Investors Inc holds 4.42% in Chevron Corporation (NYSE:CVX) or 335,687 shares. The company was upgraded on Wednesday, January 25 by Piper Jaffray. COPYRIGHT VIOLATION NOTICE: "Exxonmobil Investment Management Inc". Teachers Advisors LLC increased its position in shares of Chevron Corporation by 14.9% in the fourth quarter. Read More »

Belmont Stakes: Watch Tapwrit run to victory

Pletcher held the colt out of the Preakness , the second leg of racing's Triple Crown , a move that resulted in Tapwrit becoming the fourth Belmont victor in the past six years to take that path. "Belmont's our home base, and I think that's always an advantage", he said. A crowd of almost 60,000 came to see favored Irish War Cry , victor of the Wood Memorial at Aqueduct, stake a claim to some of the old glory. Read More »

US Weighs Response To Student's Death After North Korea Imprisonment

The U.S. and China began high-level security talks Wednesday focused largely on North Korea , amid outrage in Washington over death of an American college student after his imprisonment in the North. John McCain, Minnesota Democratic Sen. The coroner's office has reached no conclusions yet as to the cause of Warmbier's death , but his doctors have said that the young man suffered extensive tissue loss in all regions of his brain, likely due to cardiopulmonary arrest. Read More »

Failed gambit: United Kingdom polls put paid to May's hard Brexit

perth_map

Britain's Prime Minister Theresa May and her husband Philip leave after attending Holy Communion at St Andrew's Church in Sonning, Berkshire, England, Sunday, June 11, 2017. They will want their goodies from May's government. Corbyn's Labour Party now has 261 seats. The Labour Party would then have inherited Brexit, and the Conservative Party could shout "We told you so" from the sidelines as the costs came due. Read More »

Uber CEO Travis Kalanick steps down

Uber is now a driverless vehicle, after CEO Travis Kalanick stepped down Tuesday. In the letter, titled 'Moving Uber Forward, ' which was obtained by The New York Times , the investors wrote to Kalanick that he must immediately leave and that the company needed a change in leadership . Read More »

Saudi King makes his son crown prince in historic shakeup

perth_map

Faisal J. Abbas, the editor of Arab News, wrote in March , "The new Saudi spirit, embodied in the deputy crown prince, is one that means business, and has made reform and progression its main mandate (compared to Tehran, which has only used the money from the nuclear deal to further spread chaos and terror in the region)". Read More »

All Black management unconcerned about Lions' defence

With a number of names already inked in, the back three will cause Gatland a headache. "If I got anywhere near it, it would be unbelievable". "We created a lot of chances, especially in that third quarter. "This is going to be a big game, tough teams who want this a lot and we've just got to make sure that we keep trusting what we do". It is a unusual, nerve-wracking 24 hours or so between the final midweek game and the first Test but as long as you know you've done your best to get on the ... Read More »

Novak Djokovic Takes Wildcard Into Eastbourne

perth_map

So this is a real departure for him, though he hinted that he may consider a different approach this year after his quarter-final loss at Roland Garros. We understand that they are considering a number options and that they will make their plans known shortly'. "I am looking forward to fine-tuning my grasscourt game there ahead of Wimbledon ". Read More »

Berger retains St Jude Classic, Power & McDowell seven adrift in Memphis

perth_map

Stewart Cink - who shared the first-round lead along with Matt Every, Scott Brown and Munoz - was one stroke back after his 68 at the PGA Tour's final event before the U.S. Jaco Van Zyl of South Africa, Johan Carlsson of Sweden and Ashley Chesters of England each shot a 67 to share second position, with England's Graeme Storm and Oliver Wilson and France's Joel Stalter one stroke further behind in fifth. Read More »

Boeing lifts 20-year industry demand forecast to $6T

Boeing said demand for single-aisle planes as well as wide-bodies remains buoyant, despite concerns about economic and political turbulence in the Middle East and low fuel prices serving as disincentive to invest in more efficient aircraft. Read More »

United States spy satellites detect activity at North Korean nuclear test site

perth_map

Tuesday's flights by B-1Bs came shortly after the death of a U.S. college student who was recently released by North Korea in a coma following more than 17 months of captivity. "Considering these facts and this tragic outcome we will no longer be organizing tours for USA citizens to North Korea ". Both leaders have cited Warmbier's brutal treatment by the North Korean government as further reason to halt Pyongyang's rapidly advancing nuclear and ballistic missile program. Read More »

Uber CEO Kalanick resigns under investor pressure

One of the five investors included venture capital firm Benchmark, and one of its partners, Bill Gurley, is on the company's board. Although Kalanick stepped down as chief executive, he will remain on Uber's board of directors. The list includes chief executive, chief operating officer, general counsel, senior vice president of engineering, chief marketing officer, and board chair. Read More »

Is Atwood Oceanics, Inc

Moreover, Van Den Berg Management I Inc has 4.11% invested in the company for 2.64 million shares. (NYSE:ATW). Eqis Capital Management Incorporated invested 0.01% of its portfolio in Atwood Oceanics , Inc. Atwood Oceanics , Inc. As per Monday, August 10, the company rating was maintained by Investec. The firm earned "Neutral" rating on Friday, September 4 by Credit Suisse. Read More »

Rite Aid Corporation Sees Unusually High Options Volume (RAD)

perth_map

On Thursday, June 1 the stock rating was downgraded by Standpoint Research to "Reduce". Among 7 analysts covering Vodafone Group PLC (ADR) ( NASDAQ:VOD ), 2 have Buy rating, 1 Sell and 4 Hold. On Friday, August 14 the stock rating was upgraded by Vetr to "Buy". 01/06/2016 - Rite Aid Corporation was downgraded to " by analysts at Evercore ISI. Read More »

US Existing-Home Sales Rise in May Despite Tight Supply

perth_map

WASHINGTON-Sales of previously owned USA homes increased in May, a sign of solid demand during the housing market's spring selling season despite fast-rising prices and tight inventory. "With new and existing supply failing to catch up with demand, several markets this summer will continue to see homes going under contract at this remarkably fast pace of under a month", said Mr. Read More »

Oil languishes near multi-month lows on glut fears

OPEC compliance with the output curbs in May was 108 percent, while non-OPEC compliance was 100 percent, the source said. Data from the American Petroleum Institute on June 20 showed US crude stockpiles last week had dropped more than forecast. Read More »

Bells Ring For Whole Foods and Amazon

Lately, Whole Foods has been battling its worst sales slump since its IPO in 1997, resulting in pressure this spring from activist hedge fund Jana Partners, which Whole Foods CEO John Mackey accused last week of being "greedy bastards". Read More »

Drilling Down Into Pennsylvania Real Estate Investment Trust (PEI)

Baird upgraded Washington Real Estate Investment Trust from a "neutral" rating to an "outperform" rating and set a $34.00 price objective on the stock in a report on Tuesday, May 16th. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/06/21/profund-advisors-llc-sells-4150-shares-of-pennsylvania-r-e-i-t-pei-updated-updated.html. Read More »

Alibaba's Jack Ma: Believe in yourself, believe in doing business in China

perth_map

Most large American companies already have operations in China, or established routes to ship goods there. Bloomberg Reporter Selina Wang in a fresh video questioned Alibaba's claim that it could add 1 million jobs after interviewing small USA business owners who say it is impossible to know what this kind of trade would look like and how much labor would be required. Read More »

Here's how analysts see US Bancorp (NYSE:USB) after this past week

The stock's quarterly performance indicates a Negative momentum of -0.66 percent, whereas its last one month trend is Optimistic with 2.43 percent. About 768,352 shares traded. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. If we look at the Volatility of the company, Week Volatility is 1.14%, whereas Month Volatility is at 1.28%. Read More »

Who shall we believe, the Fed or data?

Although the rate hike was widely expected, market participants had feared that a recent slowdown in economic activity would dampened expectations of a total three rate hikes in 2017. "The U.S.is good. More important, we see the global markets finally beginning a six- to eight-year turn", said Christine Armstrong, executive director at Morgan Stanley in Boston. Read More »

North Korea in the spotlight at high-level US-China talks

The U.S. pushed China Wednesday to rein in companies that deal with North Korea after President Donald Trump tweeted ahead of the high-level talks that Beijing's efforts to sway its wayward ally weren't working. "And he most certainly should not have been murdered for it", Senator Rubio said. "But we choose to focus on the time we were given to be with this remarkable person". Read More »

Diageo splashes US$1bn on Casamigos Tequila

Diageo will initially fork over $700 million, with the potential for another $300 million based on Casamigo's performance over the next 10 years. In the immediate term, Casamigos hopes the acquisition will expand its presence in the USA market, with a longer-term goal of bringing the brand to more markets overseas. Read More »

Iraqi PM Abadi postpones visit to Saudi Arabia amid Gulf rift

Kuwait's Emir Sheikh Sabah Al Ahmad Al Sabah has launched a mediation effort after Saudi Arabia , the United Arab Emirates, Bahrain and Egypt severed ties with Qatar , accusing it of sponsoring terrorism. "We encourage all our partners in the region to work towards common solutions that enable regional security", Lieutenant Colonel Damien Pickart, a spokesman for US Air Forces Central Command, said in a statement when the crisis began. Read More »

What was missing from the Queen's Speech? Donald Trump

perth_map

Bills on trade and customs will be introduced - Brexit means Britain will try to strike new deals with the European Union but also with other nations that it was unable to negotiate with while an European Union member. "The election result was not the one I hoped for, but this government will respond with humility and resolve to the message the electorate sent", May said in remarks introducing the policy plan. Read More »

Dashcam Footage of Police Officer Killing Philando Castile Has Been Publicly Released

Another officer questions Yanez about what happened, and Yanez claims that Castile didn't tell him where the gun was and that he began to get "fucking nervous". The release of the video made some people even angrier about the death. "My son loved this city, and this city killed my son", Castile's mother, Valerie Castile , said after the verdict was announced . Read More »