Finance

United Kingdom economic growth remains lacklustre in second quarter

United Kingdom economic growth remains lacklustre in second quarter Russia's economy growth accelerated in the second quarter of 2017 and is likely to exceed 2 percent for the entire year, Russian Economic Development Ministry said Wednesday. Indeed, real incomes growth is likely to remain negative for some months to come despite June's dip in inflation . Output in construction fell 0.9 per cent in Q2 2017, with the industry's performance worse than all other... [Full Article...]

GE's outgoing CEO Jeffrey Immelt in race for Uber's top job

GE's outgoing CEO Jeffrey Immelt in race for Uber's top job Uber's founder Travis Kalanick resigned from the company in June on the request of shareholders after a plethora of scandals about harassment and discrimination at the company mounted up. The San Francisco-based company hopes to name a successor to Kalanick by early September. Uber's search for a new chief executive comes after a turbulent year for the company. [Full Article...]

Broncos RB Devontae Booker To Undergo Wrist Surgery

If Booker's recovery goes well, the 30-year-old free agent will be back in time for the season opener against the Los Angeles Chargers on September 11. Ridley joins a backfield led by C.J. Anderson, Jamaal Charles , De'Angelo Henderson, Bernard Pierce , Andy Janovich and Juwan Thompson . Booker dealt with knee issues as a rookie following multiple surgeries in college and after the combine. [Full Article...]

Aussie pulls back on softer growth in Australian consumer prices

Aussie pulls back on softer growth in Australian consumer prices Then the report hit, coming in so low that it led the Reserve Bank of Australia (RBA ) to cut interest rates twice over the next three months , an outcome that continues to reverberate across asset markets to this day. In the Asian trading, the Australian dollar fell to almost a 2-week low of 0.9871 against the Canadian dollar and a 5-day low of 0.7887 against the USA dollar, from yesterday's ... [Full Article...]

Barrick Gold Corporation Sees Unusually High Options Volume (ABX)

Barrick Gold Corporation Sees Unusually High Options Volume (ABX) Barclays PLC reiterated an equal weight rating and set a $20.00 price target (down from $22.00) on shares of Barrick Gold Corporation in a research report on Thursday, June 1st. Mackie downgraded Barrick Gold Corp (USA) (NYSE:ABX) on Friday, February 19 to "Hold" rating . Moreover, California Public Employees Retirement System has 0% invested in the company for 13,700 shares. [Full Article...]

Trending Stock Alert: Paypal Holdings (NASDAQ:PYPL)

PayPal's market cap of $69.9 billion is now close to doubling eBay's, at $38.8 billion. Berkeley Capital Partners LLC increased its stake in shares of PayPal Holdings, Inc . A number of other large investors also recently made changes to their positions in the stock. If you are reading this article on another site, it was copied illegally and republished in violation of US and global copyright ... [Full Article...]

Stock Jumping Abnormally High: The Coca-Cola Company (KO)

Stock Jumping Abnormally High: The Coca-Cola Company (KO) The Coca-Cola Co (NYSE:KO) has declined 0.95% since July 27, 2016 and is downtrending. It has underperformed by 30.46% the S&P500. In the last ninety days, insiders sold 493,228 shares of company stock worth $22,024,770. (NYSE:C). At the time of writing, the First Call consensus price target for the company is $70.65. Coke Zero Sugar first rolled out in the Mexico in May previous year and is... [Full Article...]

Why 10 million Bangladeshis have Hepatitis B

Why 10 million Bangladeshis have Hepatitis B In fact, acute hepatitis manifests itself with other symptoms, like poor appetite, vomiting, diarrhoea , and fatigue; jaundice may or may not accompany these symptoms. Sexual transmission is also possible, but is much less common. And for those who have chronic Hepatitis B, the infection will last for about 6 months and usually will have no symptoms. [Full Article...]

Deutsche Bank AG (NYSE:DB) Stock Rating Lowered by BidaskClub

Deutsche Bank AG (NYSE:DB) Stock Rating Lowered by BidaskClub Chief Executive John Cryan said in a statement Thursday that "muted client activity in numerous capital markets" hurt Deutsche Bank. Acadian Asset Management LLC reduced its investment by selling 1,109,742 shares a decrease of 98.4% in the quarter. [Full Article...]

Lyft Wants to Take You for Tacos

Lyft Wants to Take You for Tacos Lyft Going to Partner With Taco Bell : Like a weird cross marketing campaign at first glance, Lyft has partnered with Taco Bell , and it could convert a model for future tie-ups and to come and a new revenue opportunity for ride hailing in general. [Full Article...]

Spacex is now one of the most valuable private companies

Spacex is now one of the most valuable private companies SpaceX's latest funding almost doubles the valuation of the company, which was valued at around Dollars 11 billion following its previous round of funding in 2015. Musk started SpaceX in 2002. The Falcon Heavy is the next generation of rocket for SpaceX . So far a static launch has been conducted with the Heavy model. [Full Article...]

Sweden PM reshuffles cabinet over data scandal

Sweden PM reshuffles cabinet over data scandal The Transport Agency said its former director-general, Maria Ågren, had approved the outsourcing contract even though it breached security and privacy laws. Swedish PM Stefan Löfven has announced that Interior Minister Anders Ygeman and Infrastructure Minister Anna Johansson will leave their positions in response to a no-confidence motion against three of the government's ministers by the oppositi... [Full Article...]

Tax Leaders Shelve Effort to Impose Border Adjustable Tax

Brady was one of the strongest advocates for border adjustment , and said Thursday he still believes it's the best way to level the playing field between importers and exporters and stop the trend of companies incorporate overseas to avoid paying USA taxes. [Full Article...]

United Kingdom auto production falls for third straight month in June

United Kingdom auto production falls for third straight month in June United Kingdom vehicle production fell by 13.7 per cent in June compared with the same period a year ago, the Society of Motor Manufacturers and Traders (SMMT) has announced. In the first six months, global demand grew in a number of markets, notably the U.S. - the UK's biggest export region after the European Union - where exports rose by more than a third 37.6 percent, moving up from eighth plac... [Full Article...]

Oil prices soar on falling United States inventories

Oil prices soar on falling United States inventories West Texas Intermediate (WTI) crude futures were at $49.08 per barrel, up 0.08 percent, according to Reuters . The price of oil has been trading for the last 12 months in a range between 40 dollars a barrel to 54 dollars a barrel. USA gasoline futures for delivery in August were up more than 1 percent at the highest since May 24. US crude oil production has been on the rise since mid-20... [Full Article...]

Exxon Mobil Posts Strong Q2 Results, but Misses Forecasted EPS

Exxon Mobil Posts Strong Q2 Results, but Misses Forecasted EPS Several brokerages recently weighed in on XOM. Sterling Global Strategies LLC increased its stake in Exxon Mobil Corporation by 0.4% in the fourth quarter. Nomura invested 0.08% in Exxon Mobil Corporation (NYSE:XOM). During the same quarter in the prior year, the firm posted $0.43 EPS. The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. [Full Article...]

Stock Traders Purchase Large Volume of American Airlines Group Call Options (AAL)

Stock Traders Purchase Large Volume of American Airlines Group Call Options (AAL) The company has a market capitalization of $24.16 billion, a P/E ratio of 11.7597 and a beta of 0.97. 396.61 million shares or 2.57% more from 386.67 million shares in 2016Q3 were reported. will post $5.21 earnings per share for the current year. Adage Cap Prns Group Limited Co stated it has 1.14M shares or 0.15% of all its holdings. Bank of New York Mellon Corp now owns 4,304,358 shares of the ai... [Full Article...]

Starbucks Takes Full Ownership of East China Business

Therefore 72% are positive. Currently, Starbucks shops are popping up at a rate of one-per-day. The final numbers seemed to confirm the view of its 33 analysts, 24 of whom have kept the stock on their buy lists, and none of whom has so much as an "underweight" rating on the shares. [Full Article...]

Barclays posts £1.4bn loss as Africa sale and PPI weigh

Barclays posts £1.4bn loss as Africa sale and PPI weigh Factoring in a £1.4 billion loss on the sale of 33.7% of Barclays Africa Group, and a further £1.1 billion charge linked to the disposal, the bank recorded an attributable loss of £1.2 billion for the half-year, however. Staley is being investigated by the Financial Conduct Authority and the Prudential Conduct Authority for trying to unmask a whistleblower. The rising deficit is largely down t... [Full Article...]

Foxconn to build LCD factory in USA, investing 10 bln United States dollars

Foxconn to build LCD factory in USA, investing 10 bln United States dollars Wisconsin's deal with electronics giant Foxconn requires the state Legislature to pass a $3 billion incentive package no later than September 30. Workforce Development Board President for Waukesha, Ozaukee and Washington counties Laura Catherman said she's excited about the kind of workforce Foxconn will attract to the area, including engineers to fill mid-to upper-level technology jobs. [Full Article...]


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