Friday, 28 July 2017
Latest news
Home » Finance

Finance

US court to hear case against Donald Trump's travel ban

perth_map

That same body previously ruled against Trump's first travel ban - a ban that was immediately challenged by Washington state. SEATTLE — Two lawyers with broad experience before the U.S. Gould listens to oral arguments electronically from his Seattle court because of multiple sclerosis. Katyal said no, and suggested the president could begin by repudiating his earlier statements or by working with Congress. Read More »

Trade Desk Inc (TTD) Receives Positive Rating from Susquehanna Bancshares Inc

perth_map

The stock has an average rating of "Buy" and a consensus target price of $50.22. In reaction, TTD shares are up over 20% to $48.20 in pre-market trading Friday. Strs Ohio boosted its stake in shares of Trade Desk by 100.0% in the first quarter. Wellington Management Group LLP now owns 3,437,494 shares of the technology company's stock valued at $128,047,000 after buying an additional 3,289,552 shares during the period. Read More »

Video Surfaces Of Fists Flying On Plane At Burbank Airport

perth_map

As the flight entered Burbank, two men completely lost it and started fighting with each other. Green says police detained 37-year-old Chaze Cable of Lancaster, Los Angeles County, at the gate and charged with misdemeanor battery. The flight, which had originated in Dallas, Texas, later took off for its final destination, Oakland, Calif. The brawl erupted while the flight was in Burbank for a connection, as passengers were deplaning. Read More »

This Is the One Book Bill Gates Says New Graduates Should Read

perth_map

Reflecting on the inexperience of a young Gates circa 1975, he said he wishes he would have known the importance of non-academic talent. Gates has predicted humanity will see an "energy miracle" within the next 15 years. If there was one graduation present he could give any new graduate, Gates said it would be a copy of " The Better Angels of Our Nature " by Steven Pinker. Read More »

Trump revealed intelligence secrets to Russians in Oval Office

Monday's reports are going to create "a awful problem" as Trump prepares to embark on the trip, Dershowitz said. US officials worry that the disclosure of the information will do serious harm to relations with the ally in question. "That the Russians would be the potential recipients of this intelligence and may be able to determine its source is all the more problematic, since the Russian interest in Syria and elsewhere is, in many respects, deeply antithetical to our own", Schiff said. Read More »

Psaki: Trump is destroying the trust of our allies

perth_map

But officials refused to answer specific questions, including what precisely the report had gotten wrong, ensuring it would dominate a week that White House officials hoped would be quiet in advance of the president's first foreign trip. She called the Post's story "false" and said: "The president only discussed the common threats that both countries faced". During the meeting with the Russian officials, Mr. Read More »

April jobs report shows rebound in economy after 211000 jobs added

Economists had forecast that the Department of Labor report would show hiring had picked up in April to between 180,000 and 200,000 after a sharp drop in March. A broader measure of unemployment, which counts unemployed people, discouraged workers and those working part-time who can't find full-time work, also dropped to a almost 10-year low, at 8.6 percent. Read More »

Stocks rise with oil, cyber attack; weak data knocks dollar

US West Texas Intermediate (WTI) crude was at $48.62 per barrel, up 78 cents. WTI Crude is now trading up 3.03 percent at $49.29 per barrel, with Brent Crude up 2.93 percent at $52.33 (1126GMT). "Preliminary consultations show that everybody is committed" to the output agreement and no nation is willing to quit, Russia's Novak said. Since the end of past year, OPEC has embarked on a mission to reduce the global oil supply glut to allow barrel prices to recover. Read More »

Synchrony Financial (NYSE:SYF) Under Analyst Spotlight

Analysts gives Ally Financial Inc (NYSE:ALLY) a mean recommendation of 2.00. DA Davidson reaffirmed a buy rating on shares of Synchrony Financial in a research note on Thursday, December 15th. This represents a $0.52 annualized dividend and a dividend yield of 1.96%. Synchrony Financial has also renewed the consumer financing program for QVC, a leading global multiplatform retailer. Read More »

Vodafone abandons £20m West Ham London Stadium deal

perth_map

Vodafone have confirmed to Sky Sports News HQ that they have shelved plans to pay £20m for the naming rights at London Stadium. Sources said the breakdown was over the terms of the deal and nothing to with an HMRC investigation that included the seizing of material from West Ham. Read More »

Sorl Auto Parts Up 30% After Q1 Beat, Raised Guidance

The firm's 50-day moving average price is $4.00 and its 200-day moving average price is $3.56. On technical aspect, moving averages may help to distinguish path of dispositions, and they may also be used to set degrees of support and resistance. Read More »

NHS 'open for business' amid 'international manhunt' for cyber attackers

WannaCry, on the other hand, threatens to permanently lock away user files if the computer owner doesn't pay a ransom, which starts at $300 but goes up after two hours. One source of the blame: Microsoft and what it may or may not have done to protect users sufficiently. If someone had lost a nuclear weapon, heads would have rolled. Read More »

US housing starts fell 2.6 per cent in April

perth_map

Housing starts ticked down 2.6% to a 1.17 million annual pace, the Commerce Department said Tuesday (https://www.census.gov/economic-indicators/#housing_starts?cid=15EI09), and stood just 0.7% higher than in the same month a year ago. Those gains offset a 41.1 percent rise in the Midwest and a 5.4 percent increase in the West. They fell 3.4 per cent in the South and tumbled 29.2 per cent in the Northeast to their lowest level since June 2015. Read More »

Tata Steel reports fourth-quarter loss on one-off charges

perth_map

Shares of the company closed at Rs 457 apiece on BSE, up 0.27 per cent from the previous close. "Tata Steel continued to outperform the market in this quarter as well". "This is also apparent in the comparison of the gross profit of the Indian steel industry players versus that of their Chinese counterparts, which clearly highlights that margins for Indian steel players have been much more resilient with reduced volatility", said Deutsche Bank in a report dated 26 April. Read More »

Featured Stock: Ford Motor Co

perth_map

Skandinaviska Enskilda Banken AB publ now owns 1,820,910 shares of the auto manufacturer's stock valued at $57,850,000 after buying an additional 1,592,500 shares in the last quarter. The ex-dividend date is Tuesday, April 18th. This represents a $1.52 annualized dividend and a yield of 4.52%. General Motors Company (NYSE:GM) has risen 3.35% since October 6, 2016 and is uptrending. Read More »

United Kingdom interest rates on hold at 0.25% as economy slows

Analyst Alan Clarke at Scotiabank has predicted that despite the pound's recent rebound, inflation will rise above 3 per cent this year. Simon Kirby, head of macroeconomic modeling and forecasting at NIESR, told Bloomberg : "We assume that interest rates remain unchanged until we exit the European Union". Read More »

White House Dodges Questions About Possible Comey Tapes

They didn't like him. If Trump's goal was to quash the investigation, this move "backfired", they said. "And then all of a sudden, they come out with these glowing reports ". "This all revolves around what happened over the past week", O'Connell said, stressing that the president is also to blame for the mixed messaging. Democrats are threatening to stall the hearings on a new Federal Bureau of Investigation director unless Rosenstein agrees to name a special counsel (to replace himself in ... Read More »

Prestige Brands Holdings, Inc. (NYSE:PBH) : correction is not yet over

The company is expected to next release earnings on or around 2017-07-27. Using data provided from various analysts, shares of Spectrum Brands Holdings, Inc. The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 13th. Stockholders of record on Tuesday, May 16th will be given a dividend of $0.42 per share. Read More »

No second spike in cyber attacks is 'encouraging' - British minister

In total 47 NHS organisations reported being affected - and the disruption has continued into the new working week. "It is important that organisations reduce the risks of these attacks happening to them". Brad Smith, Microsoft's president and chief legal officer, said in a blog post Sunday that it was in fact the NSA that developed the code being used in the attack. Read More »

Trump shared secret info with Russians about IS

perth_map

In his conversations with the Russian officials, Trump appeared to be boasting about his knowledge of the looming threats, telling them he was briefed on "great intel every day", an official with knowledge of the exchange said, according to the Post . Read More »

Have a look at Price Move: Encana Corporation's (ECA)

The company reported the earnings of $0.11/Share in the last quarter where the estimated EPS by analysts was $0.03/share. GMP Securities reaffirmed a "hold" rating and set a $13.25 price target on shares of Encana Corp in a report on Friday, March 31st. Read More »

Premier Foods changes strategy to focus on costs

perth_map

Its International division reported an 18% rise in sales. He declined to give a specific forecast. Premier remains under pressure to deliver growth after rejecting a takeover offer previous year from USA rival McCormick. If exchange rates stay where they are, the worst price increases should be over, Darby said. It has agreed 50 job cuts from head office, bringing total headcount to around 4000 employees, and it will consolidate its warehousing operations. Read More »

NVIDIA Corporation (NVDA) now has an average brokerage recommendation of 2.36

perth_map

NVIDIA Corporation (NVDA)'s distance from 200 day simple moving average is 45.07 percent, its distance from 50 day simple moving average is 23.37 percent, while its distance from 20 day simple moving average is 22.16 percent. Wetherby Asset Management Inc. raised its stake in shares of NVIDIA by 0.5% in the fourth quarter. They are projecting Next Quarter growth of -7.2%. Miles Capital Inc. Read More »

British hospitals say hit by suspected national cyber attack

perth_map

No patient data was believed to have been accessed during the attack, but it was unclear whether it had impacted any emergency cases. It's important to understand that cyber attacks can be different from other forms of crime in that their sometimes highly technical and anonymous nature means it can take some time to understand how it worked, who was behind it and what the impact is, he told the BBC . Read More »

BC political parties ponder common issues after close vote, possible deals

Green Party leader Andrew Weaver, who now faces a hard choice in deciding whether to back the Liberals in a minority government, told reporters Wednesday that he is willing to negotiate with the other two parties. "Now is the time for all Greens across the country to celebrate". After his speech, Weaver said he called Clark and Horgan to congratulate them on their campaigns and "start the conversation on the next steps for our province in the days ahead". Read More »

Disputes Arise between Netanyahu, Trump over Relocation of US Embassy

Earlier on Monday Conor Powell, a Jerusalem-based reporter for the USA network, tweeted: "Everyone I've spoken to in DC that has been briefed on Jerusalem embassy move says Netanyahu told Trump not to move embassy at this time". "It will advance it by righting a historical wrong and by shattering the Palestinian fantasy that Jerusalem is not the capital of Israel", the statement added, as reported by Reuters. Read More »

Kuwait backs call to extend oil output cuts

perth_map

Moreover, in line with stronger recent performance from the USA shale sector, the IEA has revised upwards its expectation throughout 2017 and expects total United States crude production to exit the year 790,000 barrels per day higher than at the end of 2016, which is an upward revision of 100,000 barrels per day since last month's report. Read More »