Thursday, 23 May 2019
Latest news
Home » Finance


Stocks surge on profits; Nasdaq breaks 6000

The S&P 500 rose 2 points, or 0.12 percent, to 2,390, with consumer discretionary and utilities leading five sectors higher and energy the greatest laggard. Shares of Twitter jumped 7.9% after the company reported its first quarterly decline in revenue since going public but said nine million new monthly-active users joined its social network during the period. Read More »

Lessons We Learned From United Airlines


The airline's parent company, United Continental Holdings, said in a public filing Friday that Munoz asked that his employment agreement be changed to remove terms that would have made him chairman of the board of directors. The altercation left Dao bloodied and bruised as officials with the Chicago Department of Aviation dragged him through the aisle of the aircraft. Demetrio said in the CNBC interview a settlement had not yet been discussed with United over the incident in which Dao lost ... Read More »

The reality of flying cars may be right around the corner

It said initial networks would be set up in the U.S. city of Dallas and Dubai in the United Arab Emirates (UAE). Dubai has been selected as one of the partner cities for Uber's development of innovative vertical take-off and landing vehicles (VTOLs). Read More »

Anadarko shares dive as wells close after fatal Colorado home explosion

Anadarko said the vertical well near the home had been drilled in 1993 by a previous exploration and production company owner. The company said it is cooperating with fire investigators and state regulators. Newer technology allows rigs to drill vertically and then horizontally tap oil or gas. Particular focus is being placed on areas where housing and commercial developments are occurring in close proximity to existing infrastructure. Read More »

Trump's hard-to-believe tax plan

If speculation is correct that the Trump administration could cut tax rates on repatriated cash to around 10%, it would effectively add $90 billion in "found money" to Apple's balance sheet. "Will they do more?" Under current tax rules, your heirs must pay 40 percent in taxes on any assets they inherit in excess of $5.49 million ($10.98 million for married couples). Read More »

Australia to Scrap Temporary Skilled Workers Visa

In Australia, the number of jobs eligible for the two-year and four-year visa streams has been cut dramatically, with 216 occupations - ranging from antique dealer to fisheries officer to shoe maker - axed from the old list of 651 professions eligible for a 457 visa . Read More »

Second man charged in fatal shooting of judge in Chicago


Chicago police are holding a person of interest in the brazen shooting earlier this month that killed Cook County Judge Raymond Myles and injured his girlfriend, according to authorities. Smith is related to a former husband of the judge's girlfriend. Myles' girlfriend filed for divorce from her husband in 2015, court records show. "You have our word that we will not let Judge Myles' life be lost in vain, and we will hold his killer accountable". Read More »

Christians observe Holy Saturday

In all of these holidays, Christian and non-Christian (pagan) elements have continued to blend together. Rogers said members of his faith celebrate Easter by worshipping at church and enjoying an Easter feast. Ms Munyi said the festivities should be more about worship than holidaying, adding that people ought to shun anything that does not glorify God. Jesus, the sinless one, assumed our sins so that all could be saved. Read More »

Thousands attend helicopter Easter egg drop in Killeen


The Auburn 2264 Moose Lodge sponsored a hunt at the Auburn Recreation District's Recreation Park that began at 10 a.m. The Zoo is open at 9 a.m., with Easter activities beginning at 10 and running until 3 p.m. Following the egg hunt, Main Street Square's spring festival had families busy with a petting zoo, face painting, and of course pictures with the Easter Bunny himself. Read More »

Aus scraps visa programme popular with Indians: MEA examining 'consequences'

Members of Australia's far-right political parties, particularly the anti-immigration One Nation party, were fierce critics of the 457 visa , arguing that it was allowing foreign workers to steal jobs from Australians. The Australian Industry Group (Ai Group), which represents more than 60,000 businesses, said the changes would improve the integrity of Australia's visa program. Read More »



Morgan Stanley holds 0.31% or 48.39M shares. Its last month's stock price volatility remained 3.04% which for the week stands at 2.42%. Analysts gives Vodafone Group Plc (ADR) (NASDAQ:VOD) a mean recommendation of 2.50. Wellington Shields Capital Mngmt Lc reported 0.39% in Home Depot Inc (NYSE:HD). Its down 0.59, from 1.34 in 2016Q3. Concert Wealth Management Inc. increased its stake in Energy Transfer Equity by 0.3% in the third quarter. Read More »

United Airlines settles lawsuit in dragged passenger case


A number of other airlines also announced policy changes aimed at offering passengers more incentive to delay flights in cases of overbooking and to ensure that they are not taken off planes after boarding. United Airlines moved to staunch criticism - and any customer defections - by reaching a settlement Thursday with a passenger dragged off one of its planes two weeks ago and issuing new policies created to prevent similar customer-service failures. Read More »

Gopal Rai likely to be AAP's Delhi convenor


When The Hindu contacted Mr. Rai, he refused to comment on his plans to take the baton forward. The meeting, attended by party MLAs, also reviewed the possible reasons for AAP's defeat in the municipal polls. Political analyst at the Centre for Study of Developing Societies Praveen Rai said the by-poll results were a signal that the AAP's popularity was going down and that the results were "very damaging" for the party. Read More »

BJP's hat-trick win in Delhi civic poll routs AAP, Congress

BJP will make every effort to break you. The party's leadership could expect more acrimony in the days to come as AAP's NRI leaders from Canada and the United States rejected central leaders Sanjay Singh and Durgesh Pathak alleging that they ran Punjab not with the will of partnership but with discriminating attitude towards the volunteers and local leaders. Read More »

Tanishq launches an exquisite collection of Jewellery for Akshaya Tritiya


Many jewellers have undertaken aggressive promotional campaigns and lucrative offers to stimulate demand and customer queries/ walk-ins have increased. Also Jewellers will be looking forward for maximum jewellery sales for this day as it will be before GST. The council has forecast Indian gold demand to range between 650 and 750 tonne in 2017, after falling to a seven-year-low of 674 tonne in 2016. Read More »

Uber responds to critics with British benefit package for drivers


Uber hopes that having scores in plain view will make riders more conscientious and avoid common faux pas, like eating or drinking in the vehicle, slamming the door, or stuffing in more passengers than there are seats. Once upon a time, these Uber passenger ratings were hard to locate. By Uber's thought process, if your ratings decrease over time, you'll less likely bother your driver the next time you ask for a ride. Read More »

Quarterly Earnings Forecast Overview: Frontier Communications Corporation (FTR)

When we have a peek on stock's historical trends we come to know that, the stock has plunged -8.06% during previous one month drive, the stock went down -42.14% during past quarter. The number of shares traded in the last trading session was 31.29 Million. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.04% invested in Frontier Communications Corp (NASDAQ:FTR). Read More »

Starbucks: Unicorn Frappuccino shows savvy


The coffee chain reported disappointing USA sales growth for the first three months of the year on Thursday as customer traffic stalled, and it tempered its profit forecast for the year. Mr. Johnson said Starbucks will invest more in digital-ordering technology and other ways to boost sales growth. Still, there have been hiccups. Read More »

AKEBIA THERAPEUTICS, INC. (NASDAQ:AKBA) Experiencing Unusual Activity Mid-day


AKBA has been the subject of a number of recent research reports. 3/24/2017-Aegis Reiterated Rating of Buy. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. AKEBIA THERAPEUTICS , INC. (NASDAQ:AKBA) Biotechnology has a Current Ratio of 2.6 with a Quick Ratio value of 2.6. TRADEMARK VIOLATION WARNING: This piece of content was first published by The Cerbat Gem and is owned by of The Cerbat Gem. Read More »

Canada To Fight US Lumber Duties

President Donald Trump accused Ottawa of being "very rough" on the USA and slapped tariffs on imported Canadian lumber on Tuesday. Softwood lumber makes up about 90 percent of the wood used to build a home, and imports account for about a third of the market in the U.S. Read More »

Trump says he'll give Nafta re-negotiation a 'good, strong shot'

News of the potential presidential action drove the Mexican and Canadian currencies lower. As he approaches his 100th day in office on Saturday, Trump and his advisers are hurriedly working to check off promises made during the campaign, one of which was to renegotiate or withdraw from Nafta, CNN reported. Read More »

Intercede Group plc's (IGP) "Corporate" Rating Reiterated at FinnCap

Nuvista Energy Ltd. had 36 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by BNP Paribas with "Neutral" on Monday, December 5. It has underperformed by 22.85% the S&P500. The stock of Prudential plc (LON:PRU) has "Buy" rating given on Friday, July 31 by Societe Generale. Therefore 80% are positive. Read More »

HSN CEO to step down to take top job at Weight Watchers


The award of these Inducement Options, along with the other previously disclosed initial equity awards meant to be granted under the Weight Watchers stock incentive plan, were a material inducement for Ms. Additionally, Ms. Grossman is a member of the U.S. Commerce Department's Digital Economy Board of Advisors. After a recent spot-check, Weight Watchers International, Inc. Read More »

House oversight committee: Flynn might have broken the law

The lead Democrat and Republican on the Committee displayed a rare show of unity in jointly rebuking Mr Flynn after seeing information that confirmed the former Trump administration official had failed to disclose foreign income received from Russian Federation and Turkey. Read More »

B.C. election 2017: Key developments from Day 16

Former federal cabinet minister David Emerson, who Clark appointed as the provincial softwood envoy, said small forestry operations could be hurt nearly immediately by the duties, but high lumber prices and a low Canadian dollar will keep most B.C. Read More »

Trump Targets Tax Red Tape with Executive Action

But on Sunday, Mick Mulvaney, director of the White House Office of Management and Budget, downplayed what was coming this week. "I appreciate the president's leadership and strong commitment to comprehensive tax reform", House Ways and Means Committee Chairman Kevin Brady said in a statement. Read More »

Sterling hits 2-week low against resurgent euro


The euro slipped 0.1 percent to $1.0860 EUR=, off Monday's peak of around $1.0940, its highest level since November 10, after centrist Emmanuel Macron won the first round of the French presidential elections. The loonie slipped to C$1.3560 per USA dollar at one point, its lowest level since late December when it sank to C$1.3598. With global stocks enjoying another day of gains, the dollar rose 0.3 percent to 111.38 yen, pulling further away from a five-month low of 108.13 yen set last week. Read More »

Exxon Reportedly Requests Sanctions Waiver To Resume Drilling In Russia

They have also raised concerns the Trump administration could face a conflict of interest in ruling on the Exxon application, given Secretary of State Rex Tillerson's previous position as the company's chief executive officer. Secretary of State Rex Tillerson's former company has applied to get around US sanctions on the Vladimir Putin regime, according to a report. Exxon signed a deal with Rosneft in 2011 to conduct drilling operations in the Black Sea and the Kara Sea in Siberia, ... Read More »

United Airlines reaches settlement with passenger who was dragged off plane


Dao have reached an amicable resolution of the unfortunate incident that occurred aboard flight 3411", United said in a statement . This Sunday, April 9, 2017, image made from a video provided by Audra D. The fallout from the incident has been considerable for both the airline - which has announced policy changes as a result of it - and Mayor Rahm Emanuel's administration, which last week began rebranding the aviation police department as a "security" force, stripping the word "police" off ... Read More »

Trump Proposes Canadian Softwood Lumber Tariff, Rekindles Decades-Old Trade Dispute

Freeland's sharp reminder: We like to be nice, but don't mess with us. "The tariff that was announced today is a good first step but we don't believe it's enough", Regan said . Freeland stopped short of saying Canada would retaliate with new tariffs against USA exports to Canada. "These are recurring challenges in what is a very big and complex Canada-US relationship, " he said. Read More »

President Trump says he won't terminate NAFTA 'at this time'

He echoed his sentiment about renegotiating the deal on Twitter earlier Thursday morning. In Mexico City, Mexican Foreign Minister Luis Videgaray said Wednesday's call, initiated by Pena Nieto and lasting about 20 minutes, focused exclusively on the looming talks over NAFTA's "renegotiation and modernization". Read More »