Thursday, 23 May 2019
Latest news
Home » Finance


Another Earnings Season Victim — Dick's Sporting Goods


The company has a market capitalization of $5.38 billion, a P/E ratio of 18.63 and a beta of 0.65. The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. While trading at volume below than average, Gastar Exploration Inc. Other retailers in this sector are also hurting today. Let's also take a brief look at the stock price in relation to some highs/lows and moving averages. Read More »

Pierre Beaudoin, scion of Bombardier founding family, quits executive role


Beaudoin and his company most recently came into the public cross-hairs in March when, in a circular distributed to shareholders, Bombardier indicated a plan to bump executives' 2016 remuneration by almost 50 per cent - shortly after receiving more than $1-billion (U.S.) in provincial and federal funding and announcing intentions to eliminate more than 14,000 jobs, including almost 5,000 in Quebec. Read More »

Energy stocks lead indexes higher Monday


But the Nasdaq gained 0.3 percent to 6,169.87, another record high . The S&P 500 and Nasdaq reached new highs Monday. The stock added $16.01 to $100.05. The weakness was led by a big drop in construction of apartments, a volatile sector. The U.S. Federal Reserve will release data on industrial production, which is expected to have slowed to 0.4 percent in April from 0.5 percent the month before. Read More »

Urban Outfitters, Inc. Q1 Profit, Revenue Miss As Comps Drop 3%


However a year ago for the same quarter the company has reported $0.25 EPS. Analysts predict that Urban Outfitters will post $1.72 earnings per share for the current year. (URBN) touched the day high at $21.90 while its day Low was at $20.835. The firm has a market cap of $2.38 billion, a P/E ratio of 11.00 and a beta of 0.66. Read More »

Why Kate Middleton Is Worried About Her Kids Attending Pippa's Wedding


Pippa and Duchess Kate's father, Michael Middleton, told the Press Association that he is "absolutely thrilled" and that the twosome make a "wonderful couple". Guests also adhere to a dress code. Uniforms and national dress is also encouraged. He attended one of the last garden parties of his official working life dressed, like all the royal men were, in a morning suit, top hat and carrying an umbrella as a precaution against the dark skies. Read More »

Le Pen shrugs off accusations she plagiarised Fillon


Mr Fillon has urged voters to back Mr Macron. "Is Marine Le Pen really a less unacceptable option than her father?" Latest opinion polls show Macron winning the support of 59 to 61 per cent of likely voters. Jean-Marie Le Pen is holding the Joan of Arc event again Monday, a march his daughter wants nothing to do with. Fekl said that the incidents were produced by "several hundred professional vandals who came with only one goal: to attack security forces, to smash a policeman and wreak ... Read More »

Teen retailer Rue21 files for bankruptcy


Bankruptcy Court in the Western District of Pennsylvania, lead case number 17-22045. Online retailers now comprise 22% of the index's market cap, compared to 10 years ago when they held a mere 2.5%. In conjunction with the restructuring, Rue21 has entered into a Restructuring Support Agreement (RSA) with certain of its stakeholders, and has also reached agreements to obtain up to $125m in financing from its existing ABL lenders and up to $50m in financing from a subset of its existing term ... Read More »

Brexit to make families poorer: Bank of England

The BoE's Monetary Policy Committee (MPC) voted seven to one in favour of keeping interest rates on hold at their record low 0.25 per cent this month, as expected in a Reuters poll of economists. 'The pay squeeze we're now experiencing is set to continue throughout the year, resulting in a renewed phase of living standards stagnation over the coming years'. Read More »

European car sales drop in April but remain up for the year


Italy (+8.0%), Spain (+6.1%), Germany (+2.5%), France (+2.0%) and the United Kingdom (+1.1%) all saw their markets grow during the first four months of the year, despite the declines observed in April. Overall, Volkswagen Group's sales dropped 8.8% in the EU. A 6.6 per cent decline, however, is not representative of the underlying trend. Germany, France and Italy had single-digit slides. Read More »

How to protect yourself against WannaCry ransomware

Both the scale of the attack and the virulence with which it spread from computer to computer surprised many cybersecurity experts. "In this, hackers try to extort money from their victims by crippling computer systems and will demand money for release". Read More »

Microsoft's president blames NSA for WannaCry attack


Here are the steps to prevent your computer from the attack, as reported by CNET . The attack has been found in 150 countries, affecting 200,000 computers, according to Europol, the European law enforcement agency. John Stephens with Luminant Digital Security said it's important that people and organizations regularly back up data to protect themselves in the event of an attack. Read More »

Freeport-McMoRan Inc (FCX) Position Boosted by National Pension Service


At the end of Dec reporting period, 359 institutional holders increased their position in Freeport-McMoRan Inc. Following the completion of the sale, the vice president now owns 60,989 shares of the company's stock, valued at $928,252.58. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & worldwide trademark and copyright laws. Read More »

American Eagle Outfitters (AEO) Earns Daily News Impact Rating of 0.08


The company is estimating to achieve earnings per share (EPS ) growth of 6.30% in this year. 01/24/2017 - Buckingham Research began new coverage on American Eagle Outfitters , Inc. The business's quarterly revenue was down.8% compared to the same quarter previous year. American Eagle Outfitters , Inc. has a 2.36B market cap and its past year revenues were 3.61B. Read More »

Pundit: Why Chelsea boss Antonio Conte tops Pep Guardiola

No, no, John wants to continue to play", said Conte, whose side prevailed courtesy of an 88th-minute strike by substitute Cesc Fabregas. The players and I want to reach this target'. "When you've won the league you can allow this situation". The Blues have been the best team in the English top flight this season, winning more games, scoring more goals and collecting more points than any of their rivals. Read More »

Brandon Bostian, Amtrak engineer, charged over fatal 2015 derailment in Philly

Brandon Bostian, who was charged by Pennsylvania Attorney General Josh Shapiro, is accused of increasing the New York City-bound train's speed "to more than twice the legal limit" - 106 miles per hour - as it approached a curb on May 12. Though the National Transportation Safety Board had previously ruled that the derailment was caused by Bostian, of NY, when he lost " situational awareness " due to being distracted by the radio, the DA's office found on Tuesday that there was not enough ... Read More »

Cash register outage means free coffee for some Starbucks customers


A rep for Starbucks tells Consumerist that an overnight technology update to store registers in the USA and Canada left a "limited" (but unspecified) number of locations offline Tuesday. The company said the outage was the result of an overnight technology update. While some locations stopped serving coffee completely, others offered patrons a free tall beverage. Read More »

Pound slips below $1.29 as Bank of England warns of a slowdown

Laying out the BoE's definition of a "smooth Brexit", Mr Carney said this entailed an agreement on a future European Union trading arrangement and a transition deal as the United Kingdom extricates itself from the bloc. In its latest quarterly inflation report , it forecast inflation to keep rising above its 2 per cent target, and it also warned that consumer spending is expected to slow down more than it previously expected in the coming months. Read More »

Expectation of extended crude supply cut, boost oil prices

Meanwhile , Brent crude oil, the global benchmark, is higher by 2.9% at $52.33 per barrel, and WTI crude oil is up by 3% at $49.27 per barrel. Brent for July settlement gained 15 cents to $51.97 a barrel on the London-based ICE Futures Europe exchange. Read More »

Third-period goal is the difference in 1-0 win


There were the additions of defenceman Justin Schultz and forward Bryan Rust to the Penguins' already busy infirmary. So, yes, not only did five defensemen and 11 forwards in front of Fleury hang on to beat Ottawa's frustrating-as-heck neutral zone trap, the game was a shutout! For his part, Malkin said he and Kessel are fine. Read More »

Keys: Senators at Penguins, Game 2

The Penguins were then stymied both at 5v5 and on the power play, and by the third you could tell they were frustrated. Ottawa jumped out to a 1-0 lead in the first period when Jean-Gabriel Pageau scored his eighth goal of the postseason 14 minutes into the game. Read More »

Russia: Syria safe zones to be shut for USA, coalition planes

A rebel commander confirmed that fighting had broken out after midnight, Reuters reports . Separately, a Syrian monitoring group and an official with a US -backed force said on Thursday that Kurdish-led fighters have captured all parts of a Tabqa, a northern town in Syria that was held by ISIS. Read More »

USA security adviser says Trump did not cause lapse in national security


The news reports allege that President Trump revealed "highly classified information" during a meeting with Russian Foreign Minister Sergei Lavrov and Russian Ambassador to the US Sergei Kislyak, in the Oval Office last week. "Two other senior officials who were present, including the secretary of the state, remember the meeting the same way and have said so". The revelations could further damage Trump's already fraught relationship with US intelligence agencies. Read More »

President Trump defends decision to share information with Russian officials


Washington Post reporter Greg Miller, who broke the story with colleague Greg Jaffe, accused the White House of "playing word games" in its denial. Last week, after unexpectedly firing Federal Bureau of Investigation director James B. "As President I wanted to share with Russian Federation (at an openly scheduled W.H. meeting) which I have the absolute right to do, facts terrorism and airline flight safety". Read More »

Trump defends sharing 'terrorism' facts with Russians


Two U.S. officials said Trump shared the intelligence, supplied by a U.S. ally in the fight against the militant group, with Russian Foreign Minister Sergei Lavrov and Russian Ambassador Sergei Kislyak during a meeting last Wednesday. The revelations drew strong condemnation from Democrats and a rare rebuke of Trump from some Republican lawmakers. As Trump prepares for his first foreign trip for the Middle East and Europe, lawmakers from both parties demanded a full accounting of the ... Read More »

Oil prices build on gains on expectation of extended crude supply cut

Russian Federation pledged to cut production by 300,000 barrels daily. Supply and demand in the oil market are close to matching up, the IEA said today, but rising USA supply could mitigate landmark OPEC-led production cuts. The largest of the 24 producers that agreed to a deal to cut supply for six months starting in January are reaffirming their commitment to the agreement amid growing doubts over its effectiveness so far. Read More »

Analyst Insights on Price Target Estimates: Parsley Energy Inc (NYSE:PE)

Price Target plays a critical role when it comes to the analysis of a Stock. Parsley Energy (NYSE:PE) last issued its earnings results on Thursday, May 4th. Gerstein Fisher now owns 44,419 shares of the oil and natural gas company's stock valued at $1,488,000 after buying an additional 327 shares during the period. Read More »

Former SolarCity CEO Lyndon Rive will leave Tesla


Rive had been serving as head of sales and services for Tesla's energy division since Solar City was absorbed into Tesla last August. Rive told Reuters he plans to start another company. Under the direction of Tesla CEO Elon Musk, the Silicon Valley-based electric carmaker and energy company has capitalized on SolarCity's supply chain and sales force to create a vertically integrated sustainable energy company, from energy generation to storage to transportation. Read More »

Global oil market rebalancing speeds up, inventories lag - IEA

ST PETERSBURG, Russia The main goal of proposed extension of oil output cuts deal is to bring the global commercial oil inventories down to 5-year average and stabilise the market, Russian Energy Minister Alexander Novak said on Tuesday. The crisis-hit OPEC nation, which relies on oil for some 94 percent of its export revenue, has long fought for "fair" oil prices. At the end of November, the Organization of Petroleum Exporting Countries (OPEC) agreed to cut output by 1.2 million barrels per ... Read More »

Plan to arm Kurdish militia casts shadow over Trump-Erdogan talks

At the same time Erdogan's actions periodically demonstrate that Turkey does not share the goals and the main principals of the alliance. Although the United States is keenly aware of Turkey's significance as a regional player and of the risk of closer Turkish cooperation with Russian Federation, it shows no sign of backing down from the move to arm the YPG. Read More »

Trump Says He Has 'Absolute Right' To Share Intelligence With Russia

Rep. Adam Schiff of California called the story "deeply disturbing" and said if it's true, the disclosure could jeopardize sources of very sensitive intelligence and relationships with key allies. Afterward, White House officials took steps to contain the damage, placing calls to the CIA and the National Security Agency, the newspaper said. As Trump prepares for his first foreign trip for the Middle East and Europe, lawmakers from both parties demanded a full accounting of the conversation ... Read More »

Jakarta Former Governor Ahok Found Guilty Of Blasphemy


Jakarta Governor Basuki "Ahok" Tjahaja Purnama, center, is escorted by prosecutors as enters the court room for his sentencing hearing in Jakarta , Indonesia, Tuesday, May 9, 2017. The trial has been widely seen as a test of religious tolerance in the world's largest Muslim-majority nation. Thousands of police officers were deployed to the capital on Tuesday to ensure security in case clashes broke out between the governor's supporters and his opponents, but there were no immediate signs of ... Read More »

(XOM) Shares Sold by UBS Asset Management Americas Inc


Earnings per share acts as an indicator of a company's profitability and is considered the single most essential variable in determining the share price of a company. They expect $0.94 earnings per share, up 129.27 % or $0.53 from last year's $0.41 per share. On average, equities analysts forecast that Exxon Mobil will post $4.01 EPS for the current fiscal year. Read More »

Merkel's CDU wins regional vote in key state for coal, steel, utilities

What was clear is that the ruling SPD-Greens coalition fell far short of a majority as the Greens won about 6 percent, down from 11.3 percent in 2012. North-Rhine Westphalia was previously a stronghold for the SPD. "The defeat of the Social Democrats in North Rhine-Westphalia and their candidate for Chancellor Martin Schulz is particularly painful". Read More »