Sunday, 20 August 2017
Latest news
Home » Finance

Finance

Dozens of prospective jurors beg off 'Pharma Bro' case

But his notoriety in the jurors' eyes stems largely from his gleeful price-gouging of Daraprim, a life-saving drug for AIDS patients whose price Shkreli jacked by 5,000 percent in 2015. One "health care professional" said she knows someone who is on the medication for which Shkreli boosted prices. But even jurors who had never heard of Shkreli seemed to hate him on sight. Read More »

Brazil's prosecutor-general formally accuses President Temer of corruption

perth_map

Brazil's Attorney General Rodrigo Janot filed the charges accusing Temer of accepting bribes , including a $150,00 payoff from the former chairman of JBS , a Brazilian meatpacking company. On Monday, the federal police recommended charging Temer with obstruction of justice - the first step toward a likely round of other charges in addition to graft. Read More »

QinetiQ Group plc (QQ) Receives GBX 264.83 Consensus Target Price from Analysts

Parker Hannifin Corp now has $20.27B valuation. About 23,449 shares traded. It has outperformed by 17.66% the S&P500. Among 10 analysts covering Sonoco Products Company ( NYSE:SON ), 1 have Buy rating, 4 Sell and 5 Hold. GBX 156.56's average target is 26.16% above currents GBX 124.1 stock price. Easyhotel Plc had 26 analyst reports since October 7, 2015 according to SRatingsIntel. Read More »

EU nationals' rights: Here's what will happen after Brexit

perth_map

The Prime Minister received a frosty response from some EU leaders in Brussels on Friday, with European Council President Donald Tusk saying the plan fell "below our expectations". She proposed a two-year grace period for those arriving after the cut-off date but before the date of Brexit to regularise their immigration status with a view to later seeking settled status . Read More »

Haley says warning to Syria also aimed at Russia and Iran

In every case the US has claimed self-defense, despite the questionable legality of its presence in Syria . June 23, 2014: The Organization for the Prohibition of Chemical Weapons says it has removed the last of the Syrian government's chemical weapons. Read More »

Russian foreign minister can't confirm death of ISIS leader

perth_map

The Russian army on Friday said it hit Islamic State leaders in an airstrike in Syria last month and was seeking to verify whether IS chief Abu Bakr al-Baghdadi had been killed. United States forces captured him in Falluja, Iraq , in 2004. But this is not the first time Baghdadi's death is being claimed. This group later became the Islamic State of Iraq and the Levant (now ISIS). Read More »

Qatar Airways seeks 10% stake in American Airlines

Qatar Airways is looking to invest in American Airlines , according to CNBC . " Qatar Airways sees a strong investment opportunity in American Airlines , " the Gulf carrier said in an emailed statement. It said it had received no request from Qatar for such approval. Shares of American Airlines rose more than 1% in recent action to $48.99. There were dozens of other Skytrax awards announced Tuesday, including one for Air Canada, which took the award for "Best Airline in North ... Read More »

Premier Li: China can control financial risks as debt rises

perth_map

The meeting, themed "Achieving Inclusive Growth in the Fourth Industrial Revolution", focuses on how technology and policy innovation can accelerate a more inclusive style of economic growth that prioritizes meaningful job creation and sustainable development. Read More »

UK Banks Brace For $14.5 Billion Capital Demand From BOE

perth_map

The move represents a touch on the brakes of the consumer credit engine from the Bank, which is also bringing forward its assessment of potential bank losses in this area to November. The Bank calculates there is £58bn of auto dealership finance, including £24bn from banks; £67bn in credit cards , including £52bn from banks; and £72bn in loans and overdrafts, of which £62bn originates from the banking sector. Read More »

Amazon.com, Inc.'s Shock Whole Foods Acquisition: Top Analysts Give Reaction

perth_map

Drew Herdener, an Amazon spokesman, said in a statement the company has "no plans to use no-checkout technology to automate the jobs of cashiers at Whole Foods and no job reductions are planned". Parikh added that Amazon's offer appears to be "undervaluing the company's prospects and the powerful brand" and that Whole Foods could do better. Amazon's resources and technology might help expand those stores, some analysts say. Read More »

Valeant Pharmaceuticals International, Inc. (NYSE:VRX) held by 64 SEC 13F Filers

Analyst's mean target price for EXAC is $36.00 while analysts mean recommendation is 1.30. About 211,842 shares traded. It worsened, as 82 investors sold Valeant Pharmaceuticals Intl Inc shares while 87 reduced holdings. The firm has "Sector Perform" rating by RBC Capital Markets given on Friday , May 5. The insider DE SCHUTTER RICHARD U bought 20,000 shares worth $278,000. Read More »

Large Cyberattack Hits Ukraine, Snarling Electric Grids And Banks

perth_map

A major ransomware attack on Tuesday hit computers at Russia's biggest oil company, the country's banks, Ukraine's worldwide airport as well as global shipping firm A.P. He said that unlike the recent WannaCry attack , this "Petrwrap" attack has sophisticated elements that could make it easier to rapidly infect many more systems. Read More »

Britain bows to EU Brexit talks timetable

perth_map

Amid reports that May is set to make a "generous offer" on the rights of European Union citizens remaining in Britain, the source said London had been warned against doing so this week, on the grounds that it could drag up the thorny issue before talks had really got going. Read More »

Why Is It So Hard to Convict Officers in Police Shootings?

perth_map

The 32-year-old elementary school cafeteria worker was killed by St. Anthony police officer Jeronimo Yanez during a July 6 traffic stop after Castile said he was armed. 'With resolution of the claims the family will continue to deal with their loss through the important work of the Philando Castile Relief Foundation'. Read More »

The Senate Health Bill Really Is as Bad as You Imagined

The CBO coverage estimates pose yet another problem for Senate Majority Leader Mitch McConnell , R-Ky., who unveiled the legislation last Thursday. Shortly after that score came out, Maine Republican Senator Susan Collins took to Twitter to say she will vote no. In the event of a tie, Vice President Mike Pence would still give Republicans a win. Read More »

Gold edges higher with Yellen, data in focus

The Reserve Bank has signalled no increase in interest rates for the foreseeable future but that keeps the official cash rate 50 basis points above the Federal Reserve's key rate and a quarter point above the Reserve Bank of Australia's cash rate. Read More »

Trump, Modi call on Pakistan to stem terrorist attacks

Regarding Trump's "Make America great Again" campaign slogan, Modi stressed that his agenda for India was different, but added that the convergence of the U.S. and the White House, saying he enjoyed their "very productive conversation". The president on Monday did not specifically mention the drones or the cargo planes, but in a delegation meeting in the White House Cabinet Room Trump, flanked by his vice president and secretary of state, expressed appreciation for India ordering American ... Read More »

US Fed hike rates for second time this year

perth_map

Investors doubt whether the Fed will indeed stick to its plan of raising rates three times this year due to soft inflation. Inflation on a 12-month basis is expected to remain somewhat below 2 percent in the near term but to stabilize around the committee's 2 percent objective over the medium term. Read More »

Google hit with record fine by EU, told to change its ways

perth_map

So far, investors have shrugged off the EU's threatened crackdown, with Google's holding company Alphabet's shares down 1.8 percent in early USA trade amid a continued selloff in technology stocks. It is the biggest fine the European Commission has ever imposed on a single company in an antitrust case, exceeding a 1.06-billion-euro sanction handed down against USA chipmaker Intel in 2009 and goes far beyond what US regulators have ever fined a tech company. Read More »

IMF trims economic forecast for US

perth_map

The world's biggest economy will probably have a hard time hitting Trump's target of 3% annual growth as it is faced with problems ranging from an ageing population to low-productivity growth, and with a labour market already back at full employment , the fund said in its annual assessment of the USA economy released on Tuesday. Read More »

Does Raising The Minimum Wage Work? Seattle Has Seen Surprising Consequences

perth_map

Researchers at two of our nation's premier universities set out this week to answer a question that's hugely important to millions of small business owners: Does raising the minimum wage force businesses to eliminate so many jobs that it hurts the very people it was meant to help? While Seattle's $15-an-hour minimum wage has boosted pay in low-wage jobs, researchers at the University of Washington say there's also been a nine-percent reduction in hours worked. Read More »

Jefferies Group LLC Reaffirms Buy Rating for Wal-Mart Stores, Inc. (WMT)

perth_map

Fabrinet now has $1.99 billion valuation. It has a 36-month beta of 0.28, so you might not be in for a bumpy ride. The overall volume in the last trading session was 4.77 million shares. Cue Eduardo H had sold 45,000 shares worth $6.92 million. In Healthcare sector, shares of Dextera Surgical Inc. (NYSE: WMT ) points to moderate case. Read More »

Escaped Ga. Inmates Who Killed 2 Guards Captured In Tennessee, Police Say

perth_map

The search for two Georgia inmates sought in the killing of their guards during an escape from a prison bus went into its third day Thursday and the scope of the manhunt is expanding. The two men got onto a correctional bus as prisoners but became fugitives shortly before sunrise. Due to their tireless efforts, the public is safe. Read More »

'Petya' ransomware attack goes global, targets Merck in US

Also on Tuesday, global shipping giant Maersk wrote on Twitter that "we can confirm that Maersk IT systems are down across multiple sites and business units due to a cyber attack ". "Unfortunately, businesses are still not ready and now more than 80 companies are affected", said Nikolay Grebennikov, vice president for R&D at data protection firm Acronis. Read More »

Chinese Passenger Throws Coins Into Plane Engine For Good Luck

perth_map

The plane was scheduled to fly from Shanghai Pudong International Airport to Guangzhou, capital of south China's Guangdong Province, at 12:40 p.m., but was delayed for more than five hours due to the incident. The incident was soon trending on Weibo and the police added in a statement: 'After investigation, the involved passenger surnamed Qiu said she threw the coins to pray for safety'. Read More »

Bound flight diverted after woman tries to open emergency exit door

perth_map

Passengers on a flight to Houston Sunday were quick to react after a woman jumped over her fellow passengers, trying to open the emergency exit door while they were still in flight. Corpus Christi Airport Police told Eyewitness News the FBI is investigating the situation. Passengers disembarked and were on the ground for four hours in Corpus Christi. Read More »

Global Smart Greenhouse Market Revenue, Opportunity, Segment and Key Trends 2017

perth_map

This report segments the global Automotive Parking Sensors market on the basis of types , Electromagnetic and Ultrasonic. Competitive profiles of the key players in the industry are also discussed. The vast market research data included in the study is the result of extensive primary and secondary research activities. The research includes historic data from 2012 to 2016 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and ... Read More »

Now, Ukraine Reeling Under Massive Cyber Attack!

perth_map

The police and the ministry did not give further details or say who could be behind the attack. Other companies that said they had been hit by a cyber attack included Russian oil producer Rosneft, French construction materials firm Saint Gobain and the world's biggest advertising agency, WPP - though it was not clear if their problems were caused by the same virus. Read More »

McDonalds in Saudi Tweets Allegiance to New Crown Prince

perth_map

Capping a meteoric rise for the 31-year-old that puts him just one step away from the throne, Saudi Arabia's King Salman on Wednesday named his son Mohammed bin Salman as crown prince . The advert reads: 'We renew our allegiance and obedience for his royal highness, the servant of the two holy mosques, King Salman the son of Abdulaziz Alsaood. Read More »

Morgan Stanley Upgrades ITV plc (ITV) to "Overweight"

perth_map

WPG's profit will be $8.20 million for 191.77 P/E if the $0.41 EPS becomes a reality. Barclays Capital maintained the shares of C in report on Monday, March 14 with "Overweight" rating. JP Morgan maintained the stock with "Neutral" rating in Thursday, March 9 report. Shares of Ladbrokes Coral Group PLC ( LON:LCL ) opened at 113.20 on Wednesday. Read More »