Tuesday, 21 August 2018
Latest news
Home » Finance

Finance

Markets Right Now: Facebook leads tech companies lower

perth_map

President Donald Trump's efforts to raise tariffs on steel and aluminum imports to the US are raising concerns of a trade war, which is making investors nervous. The company is facing new criticism following reports that a data mining firm employed by the Trump campaign improperly kept data on tens of millions of users. Read More »

Bucharest keeps low European Union ranking in worldwide quality of living survey

perth_map

Singapore's top ranking in Asia, a spot it also held past year, puts it well ahead of regional rival Hong Kong, which placed seventh in the region and 71st globally. Meanwhile, a new city sanitation ranking puts Dublin in 31st place. "Companies need to consider these factors in their value proposition to both their local and their expatriate employees", he added. Read More »

Uber Halts Autonomous Car Testing After Fatal Accident

perth_map

Tempe Police say a 49-year-old woman, Elaine Herzberg, was walking a bicycle in across a busy thoroughfare when she was hit. The woman was transferred to the municipal hospital, but died due to the severity of the injuries. "We are fully co-operating with local authorities in their investigation of this incident". The first deadly accident in Arizona involving self-driving vehicle and a pedestrian. Read More »

(NASDAQ:CMCSA) Short Interest Update

The company exchanged hands with 21945736 shares contrast to its average daily volume of 25.27M shares while its relative volume stands at 0.87. Partnering with Comcast Corporation (NASDAQ: CMCSA ) to engage teachers, students, community members and elected officials through interactive demonstrations of C-SPAN's multiplatform public service resources, the C-SPAN Bus will welcome visitors at events over two days. Read More »

Melrose confirms £1bn boost to GKN pension fund

perth_map

British engineering company GKN (GKN.L), fighting off a hostile takeover bid from Melrose (MRON.L), said on Tuesday it had a plan in place to protect its pension scheme as the two sides locked horns over the latest issue to emerge. GKN Plc's rival suitors offered additional sweeteners to win over the United Kingdom aerospace supplier's shareholders, who are set to decide in coming weeks which side to support. Read More »

Channel 4 women paid 28% less than men

perth_map

The gender pay report also reveals that there are almost twice as many women as men working in lower paid roles. Channel 4 said its pay gap - the difference in the average hourly pay of all men and all women across the organisation - was due the "large number of women" working at its lower-paid levels. Read More »

Stock'S Earning Overview Netflix, Inc. (NFLX)

perth_map

Navellier & Associates Inc now owns 3,991 shares of the Internet television network's stock worth $766,000 after purchasing an additional 309 shares in the last quarter. Netflix, Inc . has a 1 year low of $138.66 and a 1 year high of $333.98. ( NFLX ) traded down $6.56 during midday trading on Wednesday, hitting $318.66. Read More »

Oracle Corporation (ORCL) Shares Slip on Revenue Miss

perth_map

About 9.50 million shares traded. (NYSE: ORCL ) by 8.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The company has market cap of $214.10 billion. Oracle is shaking off falling revenues in hardware and services by pointing to soaring cloud numbers in the three months to March. Read More »

Prudential Financial INC Continues to Hold Position in Coca Cola Co (KO)

perth_map

The Financial stock finished its last trading at $35.2 while practiced a change of 1.53% on Friday. The shares were sold at an average price of $47.50, for a total transaction of $4,009,000.00. Nomura, Japan-based fund reported 2.29 million shares. With this ratio, investors can better estimate how well a company will be able to pay their long and short term financial obligations. Read More »

IBM just unveiled the 'world's smallest computer'

perth_map

Computers don't have to be big, bulky contraptions that while being quite powerful are restricted in their versatility. March 19 is the first day of IBM Think 2018 , the company's flagship conference, where the company will unveil what it claims is the world's smallest computer . Read More »

Weather Prompts Delays, Cancellations at Manchester Airport

perth_map

Most of the flights are short-haul ones due to depart on Saturday, 17 March. Flights to Nice, Paris, Brussels, Amsterdam, and Geneva have also been cancelled ahead of the bad weather. A Heathrow airport spokeswoman said, "While this weekend's weather may result in minor delays and some airlines consolidating flights, significant disruption at Heathrow is not now expected". Read More »

Kroger subsidiary Fred Meyer to stop selling guns, ammo

perth_map

A 20-year-old OR man filed lawsuits this month against Dick's and Walmart, claiming both discriminated against him when refusing to sell him a rifle. The company sells guns at almost 45 of its 132 stores in Oregon, Washington, Idaho and Alaska. Read More »

Consensus Ratings Focus for Best Buy Co., Inc. (NYSE:BBY)

The firm has a market cap of $14,259.92, a PE ratio of 16.40, a PEG ratio of 2.50 and a beta of 0.71. The stock increased 0.88% or $0.23 during the last trading session, reaching $26.49. On Monday, August 14 the stock rating was upgraded by Stifel Nicolaus to "Buy". The rating was initiated by Mizuho on Friday, September 30 with "Buy". Read More »

Volkswagen to build new SUV at Tennessee plant, invest $340M

perth_map

According to a person briefed on details, the company will invest $340 million to bring the vehicle to market. The new, smaller SUV will also be called Altas like it's larger sibling. factory, a sign of confidence despite rising friction on global trade, the company announced Monday. It comes as demand for the original Passat sedan is declining. Read More »

Dairy Queen celebrates spring with free cones for a cause

perth_map

Each year, Rita's marks the arrival of spring by giving away a free Italian ice to every guest. Dairy Queen fans and franchises helped the company bring in almost $300,000 in one day a year ago, the company adds. There is a one per person limit. Dairy Queen's throughout MI are expected to participate, but guests are advised to contact individual stores to confirm participation. Read More »

Volkswagen reveals its electric Pikes Peak race vehicle

perth_map

The Pikes Peak sports auto is part of the company's plans to bring 20 electric cars to market by 2025. Pikes Peak kicks off on June 24. "The I.D. R project represents a fantastic opportunity for Volkswagen to change the conversation about e-mobility, both emotionally and from a sporting perspective". Read More »

Two IndiGo Aircraft Grounded after Engine Problems During Take-off

perth_map

The airline had during the October-December quarter received compensation from Pratt & Whitney for the disruption of flights due to technical snags in the engines earlier. This grounding raises question over the reliability of 31 Pratt and Whitney (PW) engined A320neos now operational in India. The setback also comes at a time when IndiGo plans to seek permission from the government to fly long-haul worldwide flights. Read More »

Tokyo stocks close lower as cronyism scandal dogs Abe

perth_map

Abe and Putin also discussed joint economic activities on disputed islands and "humanitarian measures" for former Japanese islanders, the ministry said. He also said passages citing Akie and other lawmakers made up "only a portion" of the documents and that they were deleted nearly completely in the doctored version, suggesting that it was not the case that particular consideration was paid to him or his wife. Read More »

FOBT slots stakes cut to £2

perth_map

However Alan Smith, the bishop of St Albans, hit back at the recommendations, warning they don't go almost far enough. 'We desperately need a scheme of gambling regulation that is ordered, sensible, and has care for the vulnerable at its core. Read More »

Shah Rukh Khan revists Darr, tells Zero co-star 'I love you kkkKatrina!'

perth_map

Katrina had posted several pictures and a video of Shah Rukh on Instagram and even the latter had posted a lovely picture calling her "media manager" in one with Aanand L Rai. Kat wasn't scared though, and tweeted a photo of her hugging Shah Rukh and wrote, "Icecream ke baad". Nonetheless, since the makers are tight-lipped about the plot and the characters in the film, we can only wait to know what they have in store for us. Read More »

Claire's Accessories files for bankruptcy in the US

perth_map

The retailer that caters to adolescent girls with makeup, jewelry and ear piercings on Monday filed for Chapter 11 bankruptcy protection, saying it had an agreement with creditors to restructure about $1.9 billion in debt. The company operates 7,500 stores across the world and, according to court filings, "has pierced over 100,000,000 ears worldwide". Claire's, known for its ear-piercing program, operates in 99% of USA malls, according to the company's court filing. Read More »

UK Mall Operator Hammerson Rejects $6.8 Billion Bid From French Rival

perth_map

The French company was responding to a report in The Times that said it had made a £5bn offer for Hammerson. Intu operates the Trafford Centre in Manchester, while Hammerson owns Bicester Village and Brent Cross shopping centre. Commercial landlords across Europe and the USA have been grappling with the threat to brick-and-mortar retail from Amazon and other online shopping services. Read More »

Micro Focus Issues Sales Warning Alongside CEO Resignation

perth_map

Hsu resigned to spend time with family and to pursue another opportunity. Stephen Murdoch, now Micro Focus' chief operating officer, has become the new CEO. This was mostly due to effects from one-off transactions of the company's takeover of the software assets of HPE for $8.8 billion in 2017, and with issues that had been associated with implementing a new IT system, said Micro Focus. Read More »

Downing Street 'concerned' at reports of Facebook data harvesting

perth_map

Wall Street has taken its first opportunity to weigh in on the fallout from the Cambridge Analytica revelation with Facebook falling on Monday morning. U.S. hedge fund billionaire Robert Mercer - and major Republican party donor - bankrolled Cambridge Analytica to the tune of $15 million (12 million euros). Read More »

Alibaba commits to Lazada with fresh $2bn investment

perth_map

Lazada has progressed significantly since Alibaba's first investment - which came at a time when the business had been close to running out of money - but the reality in Southeast Asia is that e-commerce in the region is a loss-making industry with plenty of competition. Read More »

United Kingdom teacher wins $1M teaching prize for inner city work

perth_map

Andria Zafirakou, 39, beat out some 30,000 applicants from around the world to win the Global Teacher Prize , which honors one exceptional teacher a year who's made a significant contribution to the profession. And the 39-year-old is a worthy victor - she has guided youngsters from one of the poorest areas of the country and helped pupils from a variety of backgrounds. Read More »

Chicago students add budget cuts, school closings to gun control agenda

perth_map

According to the Philadelphia Inquirer , virtually all of the demonstrations were "grassroots" efforts and student-run. Some even marched to the courthouse carrying signs. It takes moral courage to walk out or protest. "As a 17 year-old, I don't see myself as a child ", student Madison Smit told the newspaper "I have my own opinions separate from my parents views". Read More »

Sweden says happy to help on North Korea, amid summit speculation

perth_map

Ri's trip to Sweden came after U.S. President Donald Trump accepted the North Korean leader Kim Jong-un's summit proposal, which was delivered by South Korea's presidential security adviser, adding he wants the meeting to be held by May. Choe Kang-il, a senior North Korean diplomat handling USA affairs, was also said to have arrived at the airport. Finland's STT news agency said North Korean representatives will be conducting negotiations tomorrow at the Japanese Embassy in Helsinki, adding ... Read More »

Family reunited with dog that United Airlines mistakenly sent to Japan

perth_map

On Monday, a French bulldog died on a Houston-to-New York flight after a United flight attendant told its owners to put the dog , in its carrier, in an overhead bin. When United employees contacted me in droves two weeks ago, to share their outrage over a planned change to their bonus structure announced by the airline's president, Scott Kirby, many expressed hope that Munoz would come to their rescue. Read More »

CHS students take part in National School Walkout

perth_map

Students around the country walked out of class for 17 minutes at 10 a.m. Wednesday to pressure Congress to approve gun control legislation and to honor the lives of the 17 victims of the February 14 shooting at Marjorie Stoneman Douglas High School. Read More »

Google to ban cryptocurrency, initial coin offering advertisements

perth_map

Mark Zuckerberg's social network banned cryptocurrency ads in January , saying such type of content is "frequently associated with misleading or deceptive promotional practices". It is not likely that the more than 3.2 billion ads that were pulled during 2017, nor the upcoming ban on cryptocurrency ads, will have that much of an overall impact on its sales. Read More »

Russian Federation foreign ministry says it will expel 23 British diplomats

perth_map

A Russian ex-spy and his daughter may have been exposed to the deadly nerve agent that almost killed them through his car's ventilation system, according to a report Sunday. He said the British position that there was "no alternative conclusion other than that the Russian State was culpable" in the attack in Salisbury. Britain has escalated a war of words with Russian Federation over the incident in recent days. Read More »

United Airlines flight diverted after third pet incident in a week

Louis flight. Pets are family. How could a trained flight attendant instruct a passenger to place her dog in that bin. This is the third incident involving dogs on United flights this week. "This was a tragic accident that should never have occurred, as pets should never be placed in the overhead bin". According to USA Today , Kara and Joseph Swindle and their two children are moving from Salem to Kansas City. Read More »

U.S. investigates air bag failures in fatal Hyundai, Kia auto crashes

perth_map

Less than a month ago, Hyundai announced the recall of almost 155,000 2011 Hyundai Sonatas due to the risk that a short circuit could prevent the air bag deploying in the event of a crash. The investigation will also look into which other manufacturers used the same or similar ZF-TRW air bag control units. The agency also said that electrical overstress appeared to be the root cause of a 2016 recall by Fiat Chrysler Automobiles of 1.4 million USA vehicles for airbag non-deployments in ... Read More »

IShares MSCI France (EWQ) Declines 0.03% for Mar 17

The 50-day is 41.53, and the 7-day is sitting at 41.25. Lastly, when the price is above the cloud, then the top of the cloud will act as a general support level, and when price is below, the cloud base will act as resistance. When a stock is trading near new 52-week high, investors may have to decide whether they should sell or hold on for future gains. The Williams %R is created to provide a general sense of when the equity might have reached an extreme and be primed for a reversal. Read More »

North Korea foreign minister meets Swedish PM

perth_map

Sweden, whose embassy represents USA interests in the North Korean capital, has been touted as a possible venue for the momentous summit between Kim and Trump, and the visit will fuel speculation that a Stockholm encounter is in the cards. -North Korean summits. But they also confirmed the need to maintain "maximum pressure" on North Korea, Deputy Chief Cabinet Secretary Yasutoshi Nishimura told reporters after the talks. Read More »

Mutual Advisors LLC Invests $539000 in Enbridge Energy Partners, LP (EEP)

The stock showed weekly performance of 4.67%, which was maintained for the month at 10.63%. Clearbridge Investments Ltd invested 0.18% in Enbridge Energy Partners, L.P. Market worth or Market capitalization is calculated by multiplying the price of a stock by its total number of outstanding shares. Firm's net income measured an average growth rate of -19.70%. Read More »

Acadia Realty Trust (NYSE:AKR) Short Interest & Technical Update

perth_map

Vanguard Gp reported 22.58 million shares. Real Estate Management Services Llc who had been investing in Empire State Realty Trust for a number of months, seems to be less bullish one the $5.22B market cap company. The rating was maintained by Canaccord Genuity with "Buy" on Friday, January 22. Global Equities Research maintained the shares of MSFT in report on Friday, August 28 with "Overweight" rating. Read More »

North Korean foreign minister begins Sweden trip

perth_map

Sweden is one of a handful of places analysts believe could host the meeting, along with Switzerland, the neutral nation where Kim went to school; the Joint Security Area in the Demilitarized Zone that divides North and South Korea; and China, which has diplomatic relations with the United States and North Korea and has hosted Kim's father, the late Kim Jong Il. Read More »

Eriksen double sends Spurs into FA Cup semi-finals

perth_map

Their own preparations had been hampered when striker, Jordan Ayew, was ruled out through suspension following his red card against Huddersfield Town a week previous. But Tottenham were unruffled and quickly settled into a tempo that had the home side outnumbered and second best in midfield . Erikson drives in his low shot for his second goal and the third for SpursKyle Naughton was taken off at the break and replaced by Luciano Narsingh . Read More »

Russian Federation expels 23 British diplomats in spy poisoning row

perth_map

The war of words between the West and Moscow escalated yesterday after Boris Johnson directly accused Vladimir Putin of ordering the nerve agent attack on a former Russian spy on United Kingdom soil. And it also said it would halt the activities of the British Council in Russian Federation in a tough series of retaliatory measures announced after summoning British ambassador Laurie Bristow . Read More »

Experian (EXPN) Given "Outperform" Rating at Credit Suisse Group

Ycg Llc owns 477,865 shares or 9.14% of their United States portfolio. Fox Point Capital Management Llc holds 9.2% of its portfolio in Colgate-Palmolive Company for 30,000 shares. The firm has "Outperform" rating by Macquarie Research given on Monday, January 30. Greencore Group plc (LON:GNC) has 0.00% since March 16, 2017 and is. Read More »

Nerve agent planted in luggage of Russian agent's daughter

perth_map

The spy, 66-year-old Sergei Skripal and his 33-year-old daughter Yulia were poisoned with a nerve agent identified by British authorities as one made only by Russian Federation. "We will, of course", he reportedly said. They are reported to be in intensive care, fighting for their lives in a local hospital. May chaired a meeting of the National Security Council at her Downing Street office on Wednesday morning and was expected to make a formal statement to parliament on the Skripal ... Read More »

United States retail sales declined in February for the third consecutive month

perth_map

Revisions to December data on construction spending, factory orders and wholesale inventories have suggested the fourth-quarter growth estimate could be raised to 3.0%. "We firmly believe that core consumer price inflation is rising and the March CPI report will be the acid test of that hypothesis", said John Ryding, chief economist at RDQ Economics in NY. Read More »

Stocks head for loss on week amid growing trade tensions

perth_map

The third straight monthly fall in retail sales did not speak well of US growth but it cooled any nerves that the Federal Reserve could raise interest rates more than the three times in 2018. The S&P 500 and the Dow Industrials rose on Friday, boosted by strong industrial output numbers, though all three of Wall Street's major indexes posted losses for the week. Read More »

Rice Midstream Partners LP (RMP) Given $22.91 Consensus Target Price by Analysts

perth_map

Tinicum Inc decreased its stake in Antero Midstream Partners Lp (AM) by 17.81% based on its latest 2017Q3 regulatory filing with the SEC. It has outperformed by 0.72% the S&P500. Atlantic Trust Group LLC boosted its stake in Magellan Midstream Partners by 43.4% during the third quarter. Colony Gp Lc reported 3,286 shares or 0.02% of all its holdings. Read More »

PSU Bank scam a loot of the country's future: RBI Governor

perth_map

Indeed, frauds have happened at banks in regimes with varying levels of banking regulatory quality and in both public and private banks. "The RBI will undertake actions against the bank that it is empowered to but this set is limited under its BR Act powers over PSBs", RBI governor stated. Read More »

Plattsburgh NY Introduces Temporary Ban On New Crypto Mining Operations

perth_map

Miners have flocked to this small city in upstate NY, but now the local government is slamming on the brakes . Miners have purportedly flocked to the city for its below-average electricity costs, thanks to a nearby hydroelectric dam. Some companies have proposed setting up facilities in Plattsburgh that would eat two or three times that much power. The law is not created to curb cryptocurrency mining entirely. Read More »