Saturday, 18 November 2017
Latest news
Home » Finance

Finance

Red Robin 1Q same-store sales fall 1.2%

perth_map

Red Robin Gourmet Burgers's revenue for the quarter was up 4.1% compared to the same quarter previous year. Percent of time added to extended-hours losses: 42.9%. Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. Read More »

Americans on unemployment hits lowest since 1988

perth_map

The report said initial jobless claims edged down to 232,000, a decrease of 4,000 from the previous week's unrevised level of 236,000. Analysts had been expecting an increase of 4,000 new claims. jobless benefits fell last week and the number of Americans on unemployment rolls tumbled to a 28-1/2-year low, pointing to rapidly shrinking labour market slack. Read More »

Senate committee wants Comey to testify

The Senate intelligence committee on Wednesday asked Comey to appear before the panel in both open and closed sessions. On Tuesday, The New York Times reported that Comey had written notes about a conversation with Trump where the president urged him to drop the FBI investigation into former national security advisor Mike Flynn's alleged links to Russian Federation and Turkey. Read More »

G7 Financial Leaders Vow More Cyber Cooperation

perth_map

Subsequently, many global trade issues were put off the table during the Bari meeting, and the G7 discussed economic growth, cyberattacks, fiscal policies, and financial regulation (or deregulation, the case with the US). "We do not want to be protectionist, but we reserve our right to be protectionist to the extent that we believe trade is not free and fair", Mnuchin told a news conference at the end of the two-day gathering. Read More »

Philippines declines aid from European Union to assert independence

perth_map

He insisted he would not be intimidated by criticism of the drug war, which rights groups have said could be a crime against humanity. "If we focus on infrastructure spending alone it should be enough", Favelas said, referring to planned multi-billion-dollar investments in airports, bridges, roads and rail. Read More »

French Jews 'relieved' Macron won, anxious over Le Pen's gains

The new French President is pro-reforms and business-friendly, but he promises to be a gradualist. "It is behind us", he said . A poll of almost 7,000 voters on Sunday by Harris Interactive found that 59 percent of Macron's voters had chosen him primarily to stop Le Pen becoming president, reflecting the distaste that still clings to a party long considered a pariah in France for its xenophobic associations. Read More »

Trump did not pass secrets to Russia - Putin

perth_map

Michael Flynn and other advisers to Donald Trump's campaign were in contact with Russian officials and others with Kremlin ties in at least 18 calls and emails during the last seven months of the 2016 presidential race, current and former U.S. Read More »

EU fines Facebook over misleading WhatsApp data

perth_map

However, in August 2016 - almost two years after the companies had merged - Facebook announced an update to its terms of service, noting that it could link WhatsApp users' phone numbers to their Facebook profile. When it notified European Union authorities of its plan to acquire WhatsApp in 2014, it told the Commission on at least two occasions that it would not be able to reliably automate the matching of Facebook and WhatsApp accounts. Read More »

Pope sends congratulations to new French leader

perth_map

Mr. Philippe's early political leanings were with the Socialist Party, but later he came to be associated with former President Jacques Chirac and former centre-right Prime Minister Alain Juppe's Union for a Popular Movement. France's centrist President Emmanuel Macron gave ministerial jobs to conservatives, socialists and newcomers to politics on Wednesday, appointing an unprecedented all-stripes cabinet to bridge traditional divides and broaden his support. Read More »

Featured Stock Overview: Ford Motor Co

perth_map

Henderson Group PLC now owns 198,440 shares of the auto manufacturer's stock worth $6,303,000 after buying an additional 25,000 shares in the last quarter. The stock of Ford Motor Company (NYSE:F) has "Neutral" rating given on Tuesday, September 20 by Buckingham Research. Goldman Sachs downgraded Ford Motor Company (NYSE:F) on Friday, July 29 to "Neutral" rating. Read More »

Snapchat growth stalls in first earnings report

perth_map

As we've often written before, the market tends to overreact to good news and bad news alike, so it's possible SNAP's share price dip won't last. Snap revealed user growth has slowed considerably in its first quarter that ended March 31. Read More »

U.S. considers laptop ban on European flights

EU leaders have been warned that United States proposals to extend a ban on laptops in carry-on bags to European flights could create "an economic tsunami of the likes of which terrorists are dreaming of". They both asked not to be identified, as the matter is sensitive. The BTC said that the expanded ban could have an impact beyond business travelers losing productivity by not being able to work during their flight. Read More »

Congressman Al Green calls for Trump impeachment

During the press conference, Schiff and other House Democrats said the bipartisan investigation into alleged ties between Trump and Russian Federation has been blocked by the White House as well as some Republicans. "I have said on previous occasions, and do now say again, the president should be impeached". As stated above, the Senate is now Republican-controlled. Read More »

Global cyber attack slowing down but fears remain

Experts said it appeared that the ransomware had made just over $32,000, although they expected that number to pop when people went back into the office Monday. Brad Smith, Microsoft's president and top lawyer, said Sunday that the company has the "first responsibility" to address the problem. Five South Korean companies reported that they had been affected by the ransomware attack. Read More »

IEA sees oil market rebalance but warns of Libya, Nigeria surge

Under the current agreement that started on January 1, the 13-country OPEC and other producers pledged to cut output by nearly 1.8 million barrels per day in the first half of the year. Oil prices continue growing. "These combined volumes could largely offset the benefit of the extended cuts", Goldman Sachs said, keeping its average Brent price forecast for the third quarter at $57 per barrel. Read More »

Wall Street tumbles as investors flee latest Trump crisis

Major US stock indexes had the worst session in eight months, while the CBOE Volatility Index jumped the most since the Brexit vote last June, shattering the calm that gripped markets in the past month as the crisis threatened to derail the policy agenda that helped push equities to records as recently as Monday. Read More »

Five Guys unseats In-N-Out as America's favorite burger chain

perth_map

In the realm of burger joints, there are generally two places where people swear their loyalty: Either Five Guys or In-N-Out. The success of Five Guys in the survey has partly been put down to its rapid growth over the last few years, to the point that there are now well over 1000 branches in the USA and many more overseas. Read More »

Cisco to buy AI specialist MindMeld for Dollars 125 mln

perth_map

MindMeld owns 10 patent assets (some pending). "With MindMeld, we will enhance our Collaboration suite, adding new conversational interfaces to our collaboration products starting with Cisco Spark ", Cisco's head of corporate development, Rob Salvagno, said in a blog post . Read More »

H&T Group Plc (HAT) Insider Sells £128357.94 in Stock

Matador Res Co now has $2.39 billion valuation. The stock increased 1.71% or $0.4 on May 16, reaching $23.75. Spot Trading Ltd Limited Liability Company holds 7,112 shares. BNP Paribas maintained the shares of CNE in report on Thursday, March 10 with "Outperform" rating. Deutsche Bank maintained the stock with "Hold" rating in Thursday, May 19 report. Read More »

Barrick Gold Corporation (ABX) — Traders Focused Stock

A number of other equities research analysts also recently issued reports on the stock. While considering growth estimates of the company, it has next quarter growth estimates of -16.7% whereas during current quarter it has 28.6% estimations over growth, comparing to the estimations of 5.7% during current year and 4.1% for next year. Read More »

Stock for Investors Portfolio: Taiwan Semiconductor Manufacturing Company Limited (TSM)

Analysts await Taiwan Semiconductor Mfg. Co. Other large investors have also made changes to their positions in the company. Taiwan Semiconductor Mfg Ltd Sponsored Adr now has $173.69 billion valuation. Annual Dividend Yield of Taiwan Semiconductor Manufacturing Company Limited (TSM ) stands at 2.68%. The firm had revenue of $233.91 billion during the quarter, compared to analyst estimates of $237.12 billion. Read More »

U.S., European Union to Discuss Airline Safety in Washington Next Week

In February, the Federal Aviation Administration warned that carrying lithium batteries in the cargo hold of a plane heightens the " risk of a catastrophic hull loss ". " Traveling with your laptop is part of everyday life ", De Juniac told Bloomberg . "Picture a technology firm moving employees from Europe to the USA and telling the developers in those firms they can't use laptops on airplanes", Raiff said. Read More »

Budget's big bank levy could open the door for fintech lenders

perth_map

Mums and dads would be glued to the television as Treasurer Peter Costello announced just what tax cuts they would be entitled to over the next 12 months. Marie Diron, associate managing director of Moody's Investors Service, said the agency assessed Australia's fiscal strength as "very high, a key support to the government's triple-A raiting and stable outlook" after the budget. Read More »

Ranieri proud to pass Premier League title to Chelsea's Conte

Information from the Press Association was used in this report . The system is not that unusual in Italian football, but not a lot of big teams in England or in Europe use this system. Mauricio Pochettino, who is the head coach of Tottenham, changed his formation to the 3-4-3 earlier in the season. "Now they know my idea, I know them, the characteristics of my players". Read More »

German prosecutors investigating VW's Mueller over scandal

perth_map

Two Porsche bosses are now being probed due to their role in Volkswagen's emissions scandal. Bloomberg reports that German prosecutors have opened an investigation into whether Müller should have been quicker to notify shareholders of Porsche SE , the holding company that owns the biggest stake in VW Group, about the scandal. Read More »

The Labor Market Runs for the Roses

perth_map

The Federal Reserve on Wednesday kept its benchmark overnight interest rate unchanged and said it expected labor market conditions would "strengthen somewhat further". The last time the USA unemployment rate was this low was May of 2007. A closer look at the data showed a loss of 50,500 positions in the more-desirable private-sector category, while the public sector added 35,200 jobs. Read More »

Ford To Cut 10 Percent Of Global Workforce

perth_map

Ford plans to cut 1,400 jobs in North America and Asia as part of a cost-cutting drive as the American auto boom shows signs of fatigue, the automaker said Wednesday. Ford, in an official statement, did not confirm it is slashing jobs. "What's more, the US auto market, where Ford makes the bulk of its profit, appears to have peaked", USA Today added. Read More »

G7 finance chiefs talk cyber security in wake of attacks

perth_map

He was to meet separately Friday with Germany's finance minister, Wolfgang Schaeuble, then with Taro Aso, Japan's deputy prime minister and finance minister. It was a key prelude to a major G7 summit scheduled in the city of Taormina, Sicily, on May 26-27. "All the six others. said explicitly, and sometimes very directly, to the representatives of the USA administration that it is absolutely necessary to continue with the same spirit of global cooperation", French Finance Minister Michel ... Read More »

Match Reports: Celta Vigo 1-4 Real Madrid

perth_map

Three minutes into the second period Ronaldo propelled Real into a commanding lead after receiving a clever pass from Isco, and Celta were further wounded when Aspas saw red for a second booking. Zidane kept normal starters such as Karim Benzema, Casemiro and Luka Modric out of the starting lineup against Sevilla on Sunday, when Real Madrid won 4-1. Read More »

SL backs India's concern over Kashmir in China's connectivity project

perth_map

But we should look beyond the differences and concentrate on shared interests for development", the Chinese diplomat said. CPEC is between Islamabad and Beijing and we suggest India to not drag Kashmir into it", Zhanwu said in a series of tweets.Later at a news conference held at a hotel in Kolkata, he said, "We have noted the stand taken by some officials from India. Read More »

Confident contract dispute will be sorted soon: Darren Lehmann

perth_map

I'm sure that won't happen", he told reporters in Brisbane, adding that he was in regular contact about the issue with Australian captain Steve Smith, now playing for Rising Pune Supergiant in the Indian Premier League. "Once they get that they'll get a deal done, and once that happens we'll be right and get the game going the way it should be". They're both adults, both will deal with it as best they can and get the outcome right for the game. Read More »

Reasons Trump Should Not Strengthen U.S.-Saudi Ties

Miller played a key rule creating the administration's initial travel ban on citizens from seven majority-Muslim countries, which was denounced by critics as a fulfillment of Trump's promise for a "Muslim ban". The US president will travel to five countries in eight days, from May 19 to 27. Coinciding with the visit is a business forum Saturday in Riyadh with CEOs from companies like GE and Dow Chemical. Read More »

Shelby Trial Goes To Jury

perth_map

Attorneys for Tulsa officer Betty Jo Shelby sought the mistrial, saying prosecutors implied Shelby was guilty because she took several days to make an official statement about her actions during the September 16 shooting. Prosecutors asked Shelby on cross-examination why she, too, didn't use a Taser rather than a gun. "If a man had raised his voice, would he have had a meltdown?" Just before 7 p.m., the jury sent Judge Doug Drummond a note, asking if they could explain their verdict. Read More »