Friday, 26 May 2017
Latest news
Home » Finance

Finance

Raiders, Seahawks agree on Marshawn Lynch trade

perth_map

Derek Carr , the Raiders' two-time Pro Bowl quarterback, offered a warm welcome to Lynch on social media as word of the trade spread. It turns out the two sides still aren't all that close. For instance a shouting match between him and offensive coordinator Darren Bevell on the sideline after Bevell ran a pass play from the 1-yard line: a play reminiscent of the Malcolm Butler interception that cost the Seahawks the 2014 Super Bowl. Read More »

GOP drops US-Mexico wall demands as spending talks advance

Facing bipartisan opposition to including funds to build a wall along the US southern border in the spending bill to keep the government operating past this weekend, President Trump told a group of conservative media representatives that he may drop his insistence for the wall funding if it will help pass the legislation. Read More »

Several Days with April Showers and Thunderstorms

perth_map

Chance of rain 100%. Showers and possibly a thunderstorm are expected before noon, reports the National Weather Service, followed by a decreasing likelihood of showers into Wednesday evening. Sunday skies remain partly cloudy and rain chances continue. Chance of rain is 30 percent. Friday: Partly sunny, with a high near 71. West wind around 5 miles per hour becoming calm. Read More »

Peggy Whitson Breaks NASA Record for Most Days in Space

As per a NASA tweet , at 1:27 am ET on April 24, Whitson officially broke astronaut Jeff William's record of 534 days in space. NASA has not launched an astronaut into space without the help of the Russians for the last five years, forcing the U.S.to pay Russia $71 million dollars per astronaut lifted to the ISS. Read More »

United Airlines proposes policy change after nightmare PR week

Linda Bell, the wife of the stung passenger, said that on Wednesday, United Airlines apologized to them and offered compensation for the surprising encounter. One of them, 69-year-old David Dao, refused to give up his seat. It sparked widespread outrage, with calls for congressional hearings and a petition urging the airline's chief executive to resign despite apologising to the passenger, his family and those on the flight. Read More »

Key Things to Know Ahead of Trump's Tax Reveal

In a bid to spur economic growth and make businesses more competitive internationally, President Trump wants to slash the top tax rate for all businesses to 15%, far below top rates today. Critics of the policy argue it would hurt retailers and consumers because tons of imported products - cars, clothing, appliances - would suddenly become more expensive. Read More »

Internet suspended for a month in Kashmir

Pertinently, internet mobile services are already suspended in Kashmir valley. The move comes against the backdrop of repeated student protests in Kashmir, which the authorities believe are fanned through social media. "Whereas, anti-national and inimical elements largely succeed transmitting unverified objectionable and inflammatory content thrugh the medium of these Social Networking sites and Instant Messaging Services without any accountability, thereby endangering public life and ... Read More »

Black Horse logs most FCA home finance complaints

perth_map

This is the first batch of complaints data published under the FCA's new rules which mean firms have more time to resolve complaints informally but they must send all their complaints data to the regulator. Of the investment complaints, 41 per cent were upheld while this was the case for 36 per cent of pension and decumulation complaints. Payment protection insurance ( PPI ) was the most complained about product, with a total of 895,000 complaints. Read More »

Norfolk Southern delivers 12 percent jump in 1Q profit

perth_map

It looks like traders are happy with the stock. Raab & Moskowitz Asset Management LLC bought a new position in shares of Norfolk Southern Corp. during the third quarter valued at about $219,000. A number of key analysts, polled by FactSet, shared their views about the current stock momentum. Norfolk Southern Corp. shares were unchanged in premarket trading Wednesday. Read More »

Indian shares end at record closing highs

A snap poll by Ipsos for France Television on Sunday showed Macron taking 62% of the second round of voting on May 7. Domestic funds bought shares net Rs. UltraTech Cement, a constituent of the Nifty index, rose 4.4% to a record 4,144.35 rupees after its January-March profit exceeded market estimates. Read More »

Favorable News Coverage Likely to Affect Energy Transfer Partners (ETP) Share Price

perth_map

Sandy Spring Financial Bank has 191,575 shares for 0.38% of their portfolio. Harvest Fund has 25.03 million shares. Forward Mngmt Ltd owns 261,325 shares or 0.65% of their United States portfolio. "Has $394,000 Stake in Energy Transfer Partners LP (ETP)" was posted by The Cerbat Gem and is the property of of The Cerbat Gem. Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Energy Transfer Equity, L.P. Read More »

United bars employees from taking passengers' seats

perth_map

Caribbean-born, US-based comedian, Majah Hype, is among those adding his own parody of the shocking viral video that shows the forced removal of a paying Asian customer last Sunday from one of United Airlines flights. And while shareholders will not be entirely happy with the week's trading, it is far from the dawn of the apocalypse for United Airlines and its parent company. Read More »

International Monetary Fund warns euro zone economic outlook clouded by Brexit

perth_map

The IMF also said China's strong growth was clouded in the medium term by "growing vulnerabilities" associated with its reliance on policy easing and credit-financed investment. According to Obstfeld, protectionism "would result in a self-inflicted wound that would lead to higher prices for consumers, lower productivity and therefore, lower overall real income for households". Read More »

UA CEO: We won't drag passenger off plane anymore

perth_map

A clearly angry Dr Dao says the officer can drag him from the flight, and that he'd rather go to jail. Megan McCarthy, a spokeswoman for the airline, declined to say if the payment would be in cash, frequent-flier miles or other forms. Dao was one of four passengers whom gate agents randomly selected to surrender their seats to accommodate United employees who needed to get to St. Read More »

BJP hopeful of winning Odisha in 2019

Prime Minister Modi also launched an attack on the Opposition over the Electronic Voting Machine (EVM) matter, saying they are trying to churn up rows particularly ahead of the MCD polls. Union Minister Nitin Gadkari briefed the media following the Prime Minister s address and said Modi laid down his vision for a new India, and exhorted the party to work towards that end. Read More »

Oil prices can reach $60-65 per barrel

perth_map

At 2:32pm BST, the Comex gold futures contract for June delivery was up 0.09% or $1.20 at $1,282.80 an ounce, while spot gold was trading at $1,282.80 an ounce, up 0.07% or $0.90. The government agency said Thursday that domestic supplies of natural gas rose (http://www. marketwatch .com/story/eia-reports-weekly-bigger-than-expected-rise-in-us-natural-gas-supplies-2017-04-20) by 54 billion cubic feet for the week ended April 14. Read More »

Trump jokes that Haley could 'easily be replaced'

perth_map

The United States is the biggest contributor to the United Nations, paying 22 percent of the $5.4 billion core budget and 28.5 percent of the $7.9 billion peacekeeping budget. Trump asked visiting diplomats at the White House this week, adding "otherwise, she could be easily replaced". RUSSIA INVESTIGATION The Senate's main investigation into allegations of Russian meddling in the 2016 USA presidential election has a much smaller staff than previous high-profile intelligence and scandal ... Read More »

Analyzing Short Interest in Enterprise Products Partners' Stock

perth_map

Several sell side analysts reviewed their recommendations on Enterprise Products Partners L.P. (EPD) where 15 analyst have rated the stock as Strong Buy, 13 analysts said it's a Buy, 2 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. Read More »

Venezuela: Teen and woman shot dead in protests

The U.S. secretary of state says the Trump administration is concerned about the political turmoil in Venezuela and feels socialist President Nicolas Maduro is trying to squash the voice of his opponents. Clashes, which left two students shot dead, were reported across the country during the most sustained protests since 2014. A Supreme Court decision in March to assume the powers of the opposition-led Congress sparked a wave of protests that have not ebbed, even though the court has ... Read More »

United Puts Off CEO's Added Role as Chairman Amid Dragging Furor

The decision of executive pay features in their filing to US SEC (Securities and Exchange Commission) financial watchdog. The Second Amendment, which was initiated by Mr. A second statement called the victim, Dr. David Dao "disruptive and belligerent". The airline was supposed to answer some important questions about this incident at the panel of Senates on Friday, but they requested a postponement of one week. Read More »

US declines to brand any trading partner as currency manipulator

perth_map

The association said South Korea's trade surplus with the USA was caused by non-currency factors, not currency manipulation. And although the administration's first report to Congress on the foreign exchange policies of United States trading partners continues the stance of the Obama administration, putting six countries with troublesome policies on a watch list, it takes a much tougher tone. Read More »

Redcentric PLC (RCN) Stock Rating Reaffirmed by FinnCap

perth_map

This was revealed in a note on 19 April. The firm has "Buy" rating by HSBC given on Thursday, January 12. Ratings analysis reveals 60% of MSA Safety Incorporated's analysts are positive. The stock has a market capitalization of $10.56 billion, a P/E ratio of 20.34 and a beta of 1.45. The Firm has four divisions: UK Car Insurance, International Car Insurance, Price Comparison and Other. Read More »

Oil prices tumble on United States inventories data

Gasoline inventories rose by 1.5 million barrels, though distillates fell, EIA said. Subsequently, U.S. West Texas Intermediate (WTI) crude futures lost about 51 cents at $55.67 a barrel, after gaining 7 cents at $53.19 amid session on Thursday. Read More »

Stock Showing Surging Activity: Achillion Pharmaceuticals, Inc. (ACHN)

perth_map

Deschutes Portfolio Strategy LLC raised its stake in shares of Achillion Pharmaceuticals, Inc. Turning to Return on Assets or ROA, Achillion Pharmaceuticals Inc ( ACHN ) has a current ROA of -14.05. Earnings per share (EPS ) is the portion of a company's profit allocated to each outstanding share of common stock. SECOR Capital Advisors LP now owns 222,833 shares of the biopharmaceutical company's stock valued at $1,805,000 after buying an additional 135,663 shares in the last quarter. Read More »

Nasdaq Composite index breaks 6000 for the first time

perth_map

On Monday, the Nasdaq closed at a fresh record as the global equity market rallied on centrist Emmanuel Macron's first-round victory in the French presidential election, averting fears of a head-to-head battle between euroskeptic candidates, far-right politician Marine Le Pen and far-left Jean-Luc Melenchon. Read More »

Ajay Maken to resign as Delhi Congress Chief

perth_map

The Congress was a distant third in the Delhi municipal corporation polls, after the BJP and the AAP. Delhi Congress Chief Ajay Maken on Wednesday took moral responsibility for the party's defeat in the civic polls and announced he was resigning from his post. Read More »

Trump backs down on border wall funding

Bipartisan bargainers are making progress toward a budget deal to prevent a partial federal shutdown this weekend, a major hurdle. The Democrats' unwillingness to compromise on the issue seems to have been effective in terms of obtaining their initial objective. Read More »

Why AK Steel Stock Plummeted 10% on Tuesday

perth_map

Credit Suisse Group AG downgraded Steel Dynamics from an "outperform" rating to a "neutral" rating and increased their target price for the company from $33.00 to $36.00 in a research note on Thursday, January 12th. The original version of this piece can be read at https://www.thecerbatgem.com/2017/04/25/steel-dynamics-inc-stld-upgraded-by-macquarie-to-outperform.html. Read More »

Tesco (LON:TSCO) Issued With 'Reduce' Rating At HSBC

perth_map

Analysts expect GIVAUDAN SA ADR EACH 50 REPR 1 ORD (OTCMKTS:GVDNY) to report $0.00 EPS on May, 2. Therefore 100% are positive. The stock's market capitalization is GBX 57.00 billion. The company was maintained on Wednesday, February 17 by Liberum Capital. In a research note published on today, finnCap restate their Buy rating on Connect Group PLC (LON:CNCT)'s stock. Read More »

Trump to propose massive tax cuts for businesses

perth_map

The concept was popularized as "trickle-down" economics. Separately cutting the top tax rate for pass-through businesses, which account for most USA companies, could benefit Trump himself, said Frank Clemente, executive director of Americans for Tax Fairness, a Democratic activist group. Read More »

Bill O'Reilly Announces Return of Podcast on Monday

Fans have now "taken their concerns to Facebook [though] Fox News' Facebook hasn't actually addressed the issue yet", Cranston noted, before reading some of her favorites. Bill O'Reilly, longtime host of Fox News's top-rated show, "The O'Reilly Factor", will not return to the network. O'Reilly's podcast episode will be available on his website to premium members at 7 p.m. Read More »