Saturday, 25 November 2017
Latest news
Home » Finance

Finance

United States crude oil stocks drop

The EIA added that total motor gasoline inventories increased by 1.5 million barrels last week and are now near the upper limit of the average range. However, that level was still near a record high. USA inventories of 532 million barrels remained near all-time records reached in March. US crude's intraday low was also the weakest since April 7. Read More »

Why the USA and Canada Are Fighting About Lumber: QuickTake Q&A

perth_map

What wasn't expected Monday was the enthusiasm with which the new American administration flung itself into the lumber hostilities, touting its incoming countervailing duties as an example of Trump's tough, America-first trade posture. The Department of Commerce argues that an anti-dumping duty may be required to offset what in its view are unfair selling practices by Canadian lumber companies that are allegedly selling lumber into the U.S.at a price below their costs or sales value in Canada. Read More »

United CEO Oscar Munoz will not chair board in 2018

Munoz initiated the amendment to the agreement, according to the filing. Future appointments to the chairman role will now be at the board's discretion. United Continental Holdings Inc's top executive, who has struggled to tamp down a public-relations fiasco over a roughed-up passenger, earned US$18.7 million (RM82.2 million) in 2016 as he collected a multimillion-dollar signing award. Read More »

Loonie drops to 14-month low amid softwood lumber dispute with US

Lumber Trade Council. The B.C. Lumber Trade Council says the province exports $4.6-billion in softwood lumber to the United States each year and the tariffs will drive up house prices south of the border. Canadian firms immediately denounced the decision. "Independent trade panels have repeatedly found these (U.S. lumber) claims to be baseless". "If we look at the history of these trade actions, there inevitably will be job losses and we will focus our efforts on doing whatever we can to ... Read More »

What are analysts saying now about Chipotle Mexican Grill, Inc. (NYSE:CMG)?

perth_map

The business is scheduled to announce its next quarterly earnings report after the market closes on Tuesday, April 25th. Sell-side analysts have also provided a consensus recommendation of 2.80 on company shares. The stock is trading $430.20 its 50-day moving average by -38.59%. Chipotle Mexican Grill, Inc . has a 52-week low of 352.96 and a 52-week high of 483.50. Read More »

AT&T unexpectedly loses postpaid subscribers in first quarter

perth_map

Those figures compare with the 72 cents a share on revenue of $40.5 billion that AT&T reported in the year-earlier quarter. The company's shares were last up more than 1 percent in extended trading. It was the first time both companies had lost wireless customers. AT&T , the biggest US pay-television operator after its $49 billion acquisition of DirecTV, reported its linear video business lost 233,000 customers in the quarter. Read More »

Euro surges, yen dives as French election fears abate

perth_map

While Marine Le Pen avoided the raw rhetoric of her father, the movement's divisive appeals to beleaguered French voters fall short of France's ethos of Liberté, Égalité, Fraternité. After the first round's outcomes showed an Emmanuel Macron and Marine Le Pen runoff on May 7, the yield premium between French 10-year government paper TMBMKFR-10Y, -11.23% and its German equivalent TMBMKDE-10Y, +29.37% narrowed to 50.3 basis points, down from around 75 basis points just before the weekend. Read More »

Trump's 100-days promises: Fewer than half carried out

Although it's simply too early to tell the outcome of many decisions Trump has made thus far in his presidency, the NY native has certainly been busy. Trump quickly assured Haley her job was safe. The Washington Post-ABC News poll showed that 43 percent said they would support Trump if the election were held today, compared with 40 percent for the former Democratic nominee, Clinton. Read More »

Strident Trump targets Canadian trade on energy, lumber, dairy files

It was his first public response to Trump's Wisconsin pledge to press Canada for changes to its dairy system as part of North American Free Trade Agreement talks. "This has been an issue for a very long time, Trump or no Trump", she said. "Our government looks forward to sitting down with the United States". "But we have to be aware of the fact that this push goes against free trade as a catalyst for world growth. Read More »

Marine Le Pen steps down as head of France's National Front party

perth_map

The euro is likely to show resilience given the low chances of Le Pen winning the second round vote on May 7, said Satoshi Okagawa, senior global markets analyst at Sumitomo Mitsui Banking Corporation in Singapore. All these years, France has been ruled either by a Socialist party leader or a conservative Republican. On Monday, he won the backing of President Hollande, to go with that of two defeated candidates. Read More »

STV Group PLC (LON:STVG) Receives Buy Rating From Peel Hunt Analysts

The firm earned "Overweight" rating on Thursday, January 14 by JP Morgan. AlphaValue maintained the shares of UU in report on Thursday, August 6 with "Reduce" rating. The rating was maintained by Numis Securities with "Buy" on Thursday, July 28. The stock has "Speculative Buy" rating by Beaufort Securities on Monday, July 4. Read More »

Lawyer: Doctor dragged from United flight planning legal action

perth_map

The president of the flight attendants association have come out in support an American Airlines attendant accused of "violently" snatching away a baby stroller from a mother, and in the process, hitting her with it, and narrowly missing her small child on a Dallas-bound flight from San Francisco on Friday. Read More »

Emmanuel Macron's French Bistro Party Lands Him In The Soup

perth_map

He will face off with Le Pen, 48-year-old head of the far-right National Front, who won 21.53 percent. He said he would vote for his former economy minister, because he was best placed to unite the people of France. Caterpillar (CAT), Coca-Cola (KO), McDonald's (MCD), AT&T (T, Tech30), Ford (F), GM (GM), Microsoft (MSFT, Tech30), Amazon, Google (GOOG) owner Alphabet, Exxon Mobil (XOM) and Starbucks (SBUX) are among the many blue chips that will report their latest results and give outlooks ... Read More »

Where Wynn Resorts, Limited (WYNN) Stands in Analysts Ranking

The rating was initiated by Societe Generale on Thursday, September 8 with "Hold". Investors and Traders continue to monitor technical levels of shares of Wynn Resorts, Limited (WYNN ). Among 3 analysts covering Wynn Resorts Limited ( NDAQ:WYNN ), 2 have Buy rating, 0 Sell and 1 Hold. If you are viewing this piece on another domain, it was copied illegally and republished in violation of USA and global trademark & copyright laws. Read More »

FinnCap Reiterates Corporate Rating for KCOM Group PLC (KCOM)

The Company's AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software. Read More »

Raises Stake in Essex Property Trust Inc (ESS)

On the bright side, the company's share price has been on the rebound, up more than 275.63% since hitting lows of $7.92 on November 10, 2016. During the same quarter a year ago, the firm earned $2.63 EPS. was upgraded to "outperform" by analysts at BMO Capital Markets. On average, equities analysts predict that Camden Property Trust will post $1.83 EPS for the current fiscal year. Read More »

Sirius XM Holdings Inc. (SIRI) Analytical Report

FBR & Co increased their target price on Sirius XM Holdings from $5.00 to $5.25 and gave the stock an "outperform" rating in a report on Tuesday, February 7th. According to sentiments of 14 analysts the company is expected to report revenues of $1.29B for the current quarter. Sirius XM Holdings had a net margin of 14.81% and a negative return on equity of 112.66%. Read More »

Adhia dismiss fears that GST will lead to a spurt in price

perth_map

The Revenue Secretary said, GST will bring benefits to all the stakeholders of industry, government and the consumer. We request the trade and industry that they should not be complacent and should make efforts to prepare for GST . A system of ratings will be enforced based on record of timely payment of taxes made by taxpayers under GST . "We will start with putting everyone at an equal level, but if a taxpayer is non-compliant, then the rating will go down", Kumar explained. Read More »

Former Czech Republic defender Rajtoral kills himself

perth_map

According to BBC Sport , Plzen paid tribute to their former player, saying in a statement: "Rest in peace Rajt, we will all miss you so much, we will never forget you". Born in Pribram on the Litavka River, Rajtoral made his professional breakthrough with his hometown side of Marila Pribram in 2004 before moving a year later to join Banik Ostrava where he spent four years and made 100 appearances. Read More »

Akzo Says Review of PPG's $29 Billion Offer Will Take Time

perth_map

In a letter to the Akzo Nobel's board, PPG CEO, Michael McGarry said he was "extending this one last invitation " for Akzo Nobel to back its takeover approach. PPG's revised proposal represents an increase of 6.75 euros, or 8%, over our prior proposal on March 22 and 13.75 euros, or 17%, over original proposal on March 2. Read More »

Man dragged off plane files court papers

perth_map

On Wednesday, Mr Munoz said he felt "shame and embarrassment" and vowed it would never happen again. Rather than calling for an end to the practice of overselling, Trump said that instead, there should be no upper limit to incentives carriers can offer passengers in exchange for their seats on overbooked flights. Read More »

IBM works on its AI ABBs

perth_map

In separate press releases, IBM announced two new artificial intelligence capabilities for marketers: IBM Watson Marketing Insights , which uses cognitive capabilities to study customer behavior, and a Watson-enabled cloud service that will roll out later this year to pull insights from video using language, concepts, emotions and visual analysis . Read More »

Commerce, BMO Harris Mortgage Interest Rates Higher Tuesday Apr 25, 2017

perth_map

Westpac has raised the fixed rates attached to almost all of its interest only packaged loans , in a move that will affect new investor and owner occupier customers. The spokesperson added, "In response to recent regulatory changes, we have both decreased and increased some of our fixed rates for customers who wish to fix their home loan". Read More »

Shea Moisture Excludes Black Women From New Ad

perth_map

Given the discrimination that Black woman often face when it comes to hair and beauty standards, the disproportionate number of white voices speaking out in the ad about the sensitive topic of "hair hate" was called out on social media as whitewashing, a marketing ploy , and a rejection of Black women. Read More »

UK's Carpetright nudges profit forecast down as market deteriorates

perth_map

Carpetright attributed its sluggish performance to a "more hard consumer environment", with consumer caution taking its toll on the business. Analysts' forecasts for underlying pretax profit for the year to April 29th range from £13.9 million to £16.2 million ( €16.3 million to €19.1 million), down from £17.3 million a year earlier. Read More »

Ivanka Trump in Berlin to talk women's economic empowerment

Speaking on a panel at the W20 in Berlin on Tuesday, President Donald Trump's daughter Ivanka Trump received an icy response from audience members when discussing her father's policies on women in the workplace. In a document obtained by CNN Monday, the White House counted "helping women and minorities" as a key accomplishment during the first 100 days, citing the Canada-US Council, an initiative for historically black colleges and universities, the "Promoting Women in Entrepreneurship ... Read More »

Major action on H1-B visa would worry India: CEA

perth_map

NASSCOM has further presented some unusual facts (if you are still in the dark!) clarifying the misleading statements made by the White House on Indian IT companies getting the lion's share . Noting that the annual number of Indian IT specialists working on temporary visas for Indian IT service firms was 0.009 per cent of the 158-million-member United States workforce, a Nasscom survey also found that the average wage for visa holders is $82,000 besides a fixed cost of $15,000 incurred on ... Read More »

Nestle to cut hundreds of jobs as it moves output overseas

perth_map

Trade unions and the Liberal Democrats pointed to the Government's decision to pull the United Kingdom from the Single Market for causing job losses mainly at the company's sites in York and Newcastle. PepsiCo said in March it was closing a Walkers crisps factory in northern England, putting almost 400 jobs at risk. Unite union and the GMB have criticised Nestle for the proposed plans. Read More »

DS Smith plc 8% Potential Decrease Indicated by Berenberg

perth_map

RBC Capital Markets maintained the shares of GOG in report on Wednesday, September 9 with "Outperform" rating. The firm has "Outperform" rating given on Tuesday, September 6 by Macquarie Research. The company was maintained on Friday, September 9 by Cantor Fitzgerald. The company has market cap of 157.48 million GBP. It has a 44.21 P/E ratio. The Firm trades from approximately 440 stores and concessions in the United Kingdom, as well as over 140 stores across Holland, Belgium and the Republic ... Read More »

Tyson foods to buy AdvancePierre for $3.2 billion

perth_map

The addition of AdvancePierre Foods will strengthen Tyson Foods' position in the market for prepared foods. By combining our complementary, market-leading portfolios, both companies will realize greater opportunities. There has not been any word yet on how this will affect the Advance Pierre facilities or personnel, including those in Enid. Shares of AdvancePierre Foods Holdings Inc (NASDAQ:APFH) opened at 33.94 on Wednesday. Read More »

United Airlines: Will make customer satisfaction now a priority

perth_map

On Thursday, United Airlines and the Chicago Department of Aviation asked for more time after missing their deadline to respond to a Senate inquiry into the forcible removal by aviation security officers of Dr. The footage, which has been watched by millions on social media, shows him being dragged along the aisle and then running back on to the plane bloodied and screaming. Read More »