Finance

News

BC Government welcoming ride-sharing services, modernizing taxi industry

In addition, taxicabs will retain the exclusive right to be hired by phone, at a taxi stand, or to be flagged down by a pedestrian on the curb. But it will loosen some regulations for drivers in the process, including a requirement for a specialize...

ExxonMobil to invest $20B in US Gulf Coast

According to a research note disclosed on Oct 31, 2016, analysts at Goldman have lowered their rating on these shares from Buy to Neutral. They set a "market perform" rating and a $78.00 price target on the stock. He also addressed the company's rece...

ZTE Will Pay Record Fine for Sales to Iran, North Korea

He added: "This plea agreement holds them accountable, and makes clear that our government will use every tool we have to punish companies who would violate our laws, obstruct justice and jeopardise our national security". ZTE admitted to systematica...

Arsène Wenger admits he favoured the long ball over Alexis Sánchez

Danny Welbeck would get the Gunners back in the game with a second-half strike, but the Reds would seal things off in stoppage time at 3-1, through a neat goal from Georginio Wijnaldum. "I have no regrets, except that we lost the game". Like with e...

Caterpillar raided over alleged tax evasion scheme

The busts were led by the U.S. Attorney's Office in the Central District of IL, and while Caterpillar's stock has climbed 35 percent over the last 12 months, it fell by more than 5 percent Thursday, Forbes reported . Caterpillar said it was unable t...

U.S. dollar jumps as Fed interest rate hike seen nearer

Elsewhere in the speech, she indicated that the economy was meeting the Fed's expectations. Even if the Fed raises rates soon, they will still be lower than their historic averages. Earlier, Richmond Fed president Jeffrey Lacker plugged the need ...

AB InBev to squeeze even more drops out of SABMiller deal

Even so, AB-InBev saw improving market-share trends in most key markets. "Excluding Brazil, AB InBev said its core profit in the fourth quarter would have risen 6.4 percent ..." Net revenue increased by just 2.4% a year ago but would have risen a mor...

Salesforce forecasts lower-than-expected first-quarter profit, shares fall

Digging a bit further, company shares have been noted -1.02% off the 52 week high and 25.88% away from the 52 week low. Finally, Oppenheimer Holdings, Inc. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. (N...

Get Out Easily Wins the Weekend Box Office with $30.5M

It marked comedian Peele's directorial debut and was made on a budget of just $4.5 million (£3.6 million), and now that investment by producers at Blumhouse Productions and distributors at Universal Pictures has paid off. Looking ahead to next weeke...

Black BMW Tupac Was Shot Being Auctioned Off For Millions

The BMW has been restored, but reminders of Tupac's tragic murder remain. Shakur was riding with Knight in the auto when he was shot during a drive-by attack in Las Vegas in September 1996. The assassination of Tupac dates back to the night of Se...

US Customs and Border Protection to open bids for border wall

As part of an immigration crackdown, Trump, who took office on January 20, ordered a wall built along the USA southern border to stop undocumented migrants from entering the United States, a plan that outraged its neighbor. "Once we get feedback from...

Inside an Oscars Campaign: Everything It Takes to Get a Gold Statue

Now add in a couple other factors and "La La Land" becomes an even better bet. And one last thing about Sunday night's awards - Hollywood, we get it. Writing (Adapted Screenplay ) - " Moonlight " is as delicate a piece of writing as I can imagine...

Amid mounting bomb threats against US Jewish centers, vandals hit Jewish cemetery

The auto-call went out at 10:58 this morning. There's no telling exactly who's behind these threats, but Jewish leaders nationwide said President Donald Trump was too slow to condemn and still needs to do more. The Jewish Community Center Assoc...

France's PSA plots takeover offensive on stellar earnings

PSA also plans to make swift progress on technical convergence with GM's European arm, bringing new Opel models such as the popular Corsa mini onto the Paris-based manufacturer's own vehicle architectures to slash duplication, two people with knowled...

General Electric Company (NYSE:GE) Valuation According To Analysts

Barry Investment Advisors LLC now owns 6,919 shares of the company's stock worth $205,000 after buying an additional 48 shares in the last quarter. Turning to Emerson Electric Co. This represents a $1.92 dividend on an annualized basis and a divide...

Only LA And Paris Remain In Competition For The 2024 Summer Olympics

The decision not to put Budapest's dropped 2024 Olympic bid to a referendum has been condemned as "cowardly" by the youth movement Momentum which had gathered more than 260,000 signatures to spark a ballot opposing the games. This leaves just Pari...

Trump Administration Rescinding Protections For Transgender Students

Issued last May by the Justice Department and Education Department, the guidance took the form of a dear-colleage letter that says schools "must not treat a transgender student differently from the way it treats other students of the same gender ide...

Still time to get flu shot as ILI reaches 5.2% — CDC

Scientists change the flu vaccine on a yearly basis. And while this year's flu shot isn't flawless, he said, "it isn't a complete miss", and those who haven't gotten it yet should try to sneak it in while there's still time. "In Arizona alone, mo...

Argos faces fine of £1.5m after paying below minimum wage

The tax authority said the underpayment covered 12,000 current employees and more than 25,000 former staff. The underpayment was discovered during a routine HM Revenue and Customs (HMRC) investigation following Sainsbury's acquisition of Argos a ye...

Chelsea skipper Terry could return to face Wolves

Chelsea's defence was tested before the visitors finally upped the tempo, forcing Wolves back and allowing Pedro and Diego Costa to score for Chelsea . In the second half we created many chances. Willian did well to find Costa in the 62nd...

Delta Expands Free Meals to More Transcontinental US Flights

Finally, Zacks Investment Research lowered shares of Delta Air Lines from a "hold" rating to a "sell" rating in a research report on Tuesday, October 18th. The transaction was disclosed in a document filed with the SEC, which is available through th...

Workers at Boeing SC vote not to unionize, will remain union free

The 787-10 is built exclusively at the North Charleston plant, and is the largest of the Boeing 787 commercial aircraft family. The hour-long debut is scheduled to begin at 12:30 p.m. Following a two-month strike by 27,000 machinists in the Puget...

Cigna breaks off Anthem merger talks and sues

Under the deal's terms, Aetna now owes Humana a $1 billion payment in what's known as a breakup fee. Health insurance giants Aetna and Humana announced Tuesday that they have formally abandoned their efforts to merge after a federal judge upheld th...

Tata Motors' quarterly profits plummet by 96%

Also, the net profit was down by 86.88% from Rs 848.16 crore of Q2FY17. During the October- December quarter, the company's consolidated sales were down 2.2 % to Rs 67,864.95 crore as against Rs 69,398.07 crore in the year-ago period. Automobile gi...

Nomura: China's foreign trade to grow at single-digit rate in 2017

China reported better-than-expected trade data for January as demand picked up both at home and overseas, an encouraging start to 2017 for the world's largest trading nation even as Asia's exporters brace for a rise in USA protectionism. "The export ...

Oil sharply higher on OPEC compliance

In the first month of the Organization of Petroleum Exporting Countries' agreement, key member Saudi Arabia reduced production by even more than it had committed, while higher demand is aiding the group's bid to re-balance world markets, the IEA sa...

Kenya court quashes planned closure of Dadaab, world's largest refugee camp

In a toughly worded judgment, Judge John Mativo ruled Thursday that the Interior Minister and other officials had exceeded their powers and violated the law in their decision to close the camp, which he found would amount to group persecution of Soma...

Cautious outlook from Thomas Cook

On Greece's largest airline, Crete, a comparable Thomas Cook trip costs £422. Shares in the firm were down by nearly six per cent this morning. However, sales to Turkey are significantly down following a series of terrorist attacks in the count...

What do Analysts Say about: Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

According to TipRanks.com, Bachman is a 5-star analyst with an average return of 11.6% and a 62.6% success rate. Cognizant early Wednesday said its Q4 earnings per share minus items rose 9% from the year-earlier quarter to 87 cents, topping views...

Intel CEO joins Trump to tout USA chip factory

Intel regularly establishes new factories to create smaller, powerful and more power-efficient chips. "Our factories support jobs - high-wage, high-tech manufacturing jobs that are the economic engines of the states where they are located", Krzani...

Rio Tinto announces $500m share buyback as profits rise

Rio Tinto has ridden the commodities wave over the a year ago, with its share price nearly doubling. Revenues, meanwhile, declined on weak commodity prices. Liberum Capital reiterated a sell rating and issued a GBX 2,130 ($26.53) price objective on ...

Shane Warne finally decides to make peace with Alastair Cook

Cook has resigned at the age of 32, after 59 Tests in charge and with two Ashes series victories as captain. "Cook discussed his decision with the Chairman of the England & Wales Cricket Board, Colin Graves, on Sunday evening and has confirmed his ...

United Kingdom electric auto sales reach a record high

The number of new cars that hit British roads surged to a 12-year high in January, particularly boosted by vehicles not fuelled by diesel or petrol. "The performance reflects the strength and importance of the retail motor sector adding to the grow...

Philly chain joins with CBS Radio, will be #2 in US

CBS (CBS) wanted to sell its radio group, and then when no firm bidder appeared, planned to spin it off as a separately traded stock early this year. Field will remain CEO of the combined company. Pro forma revenue (trailing 12 months) was about $...

Snap Inc. Files For Long-Awaited IPO

Snap said it made $404.5m in sales in 2016, up from $58.7m in 2015. Its cost of revenue was $451 million. Given Snapchat's 150 million daily active users, branded filters would be a highly lucrative way for the company to pull in much-needed ad...

Savers suffer again as Bank of England holds rates at record low

Financial markets are now pencilling in a 50% chance of a rate hike by December, as the Brexit-hit pound is set to send inflation rocketing past the Bank's 2% target. Commenting, Ben Brettell, senior economist at Hargreaves Lansdown , said: "The Ba...

Volkswagen comes out on top as world's biggest carmaker

The German 12-brand carmaker moved back into the top spot despite being hit by a massive emissions cheating scandal that rocked its reputation. Many top VW executives were implicated in this, causing a severe PR crisis for the business. The Volkswag...

Officer Smashes Window to Save Woman Trapped in Burning Car

Novak recalled the incident in an interview with KHQ-TV. Smoke then began rising from the hood of the auto, followed by flames. She says smoke began to rise from the hood, then flames. "I got on my back and started kicking the windows with both o...

Bega Cheese acquires Vegemite

The company's acquisition of Vegemite is part of a deal it made with US-based Mondelez International . Ownership of Vegemite will return to Australian ownership after almost a century with the $450 million AUD sale of most of Mondelez Internation...

Yellen says Obama administration never pressured Fed on policy

The agency is close to its dual goals of both inflation and full employment, Yellen noted. These comments have been plucked as paragraphs or as parts of paragraphs and they are not meant to flow back to back. "What I can tell you is what we expect-...

Search

Breaking News

Justice Department announces 'largest darknet takedown in history'

According to the McCabe, AlphaBay was 10 times the size of Silk Road , a previous massive Dark Web marketplace that DOJ busted in 2013. Earlier this month, news broke that aut...

Sears hops on Alexa bandwagon in move to spruce up appliances

The Kenmore Smart air conditioner are available up to a capacity of 18,000 BTU. Sears Holdings shares rose 17% on the news. The retailer has shed more than $1 billion in cost...

Frontier To Double Route Network

Airport Director Bill Vanacek said Frontier Airlines' decision to begin flights later this year bodes well forthe facility. Copa Airline's service to Panama City, which began 201...

AG Barr plc (BAG) Earns Hold Rating from Whitman Howard

The rating was maintained by JP Morgan with "Overweight" on Wednesday, March 29. 1,000 shares were sold by FRANKEL ADAM B, worth $81,055 on Monday, February 6. The firm has "Underp...

Qatar Airways boss sorry for 'grandmothers' remark

American's decision to end the agreements which allow airlines to book passengers on each other's flights, ramps up an acrimonious dispute between USA carriers and Gulf competitor...

Takata air bag inflator ruptures during vehicle fix, killing man

Completing that recall could have saved someone's life, and Honda says it continues to encourage people who own cars affected by the massive Takata airbag recall to schedule fix a...

Venus Williams becomes oldest Wimbledon quarterfinalist in 23 years

The whole match took but 64 minutes, and wouldn't have required that had not Konjuh dug from a love-40 hole in her final service game, at 1-5, with the talent that made her a junio...

Terrorist or martyr? Making of the 'legend' of Burhan Wani in Kashmir

Since he was killed amid a rise in violence and separatist sentiment across the Jammu and Kashmir state, which has been at the centre of an intense struggle between India and Pa...

Mosul win in sight as ISIS defence lines collapse

Canadian Brigadier General Dave Anderson, who oversees the training of local forces for the US-led coalition, said Iraqi security forces have pushed IS into a final, small pocket o...

France To Ban Coal-Fired Power, Promote NGVs

And more recently, on June 23, Hulot confirmed that there will be no new permits issued for oil and gas exploration on the mainland or in French held territories. Environmental c...

Special Reports

Fed Minutes: Balance Sheet Reduction Likely In

Fed Minutes: Balance Sheet Reduction Likely In "Couple Of Months"

The committee's projections call for steady interest rate increases through next year, but some members of the meeting "were less comfortable with the degree of additional policy t...

Emirates in bid to lift USA laptop ban

Emirates in bid to lift USA laptop ban

Emirates, the Middle East's largest airline and a rival to Etihad, said in April it was cutting flights on five US routes because of reduced demand after a travel ban imposed by P...

Worldpay shares soar on bid approaches from Vantiv and JPMorgan

Worldpay shares soar on bid approaches from Vantiv and JPMorgan

According to Reuters , Vantiv and JP Morgan have until 1 August to announce firm intentions to buy Worldpay or walk away. Neither company could be reached for comment in the U...

Google and Amazon's share price mistakenly plummeted almost 90% yesterday

Google and Amazon's share price mistakenly plummeted almost 90% yesterday

Tracking share prices in real time is usually done via platforms like Bloomberg's , while others rely on Google and Yahoo Finance. An 87% plunge in Amazon stock would have wiped...

Prime Day finally announced - 30 hours on the 11th July

Prime Day finally announced - 30 hours on the 11th July

Amazon India is going to hold its Prime Day , for the first time in India on July 11, 2017. As usual, these deals will be available only to Amazon Prime members , who pay $99 ...