Finance

Fox, Disney on 'glide path' for Thursday deal announcement

Walt Disney Co's deal to buy film, television and global businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said . These assets will form a new company, of which Fox shareholders will get a piece. In addition to Comcast, Verizon Communications Inc. and Sony Corp. [Full Article...]

Intel Corporation (INTC) Shares Bought by Afam Capital Inc

Intel Corporation (NASDAQ: INTC ) on December 13, 2017 saw a modest increase, closing the day at $43.33, or a increase of $0.01 or (0.02%).Volume levels waned and INTC actually managed a declined which translated to 21.3 million shares changing hands on the day. [Full Article...]

That Was Good Win - Brendan Rodgers Salutes Celtic Victory Over Hamilton

That Was Good Win - Brendan Rodgers Salutes Celtic Victory Over Hamilton When asked if he expects to stay at Celtic, Dembele replied: "I can say it is part of the plan but the plan can change". Then Hamilton were hit by a killer blow just a minute later when Scott Sinclair scored and made it 3-1 to the hosts heading into the half time break. [Full Article...]

The Technical Condition Changes for The Coca-Cola Company (KO)

The Technical Condition Changes for The Coca-Cola Company (KO) Shares of The Coca-Cola Co (KO) traded up $0.12 during trading on Thursday, reaching $46.02. It is down 0.95% since December 14, 2016 and is downtrending. New York-based Hugh Johnson has invested 0.07% in The Coca-Cola Company (NYSE:KO). Parkside Finance Bank & Trust Trust reported 22 shares. Scott & Selber invested 0.28% in The Coca-Cola Company (NYSE:KO). [Full Article...]

EU Commissioner slams Council President over refugee quotas

EU Commissioner slams Council President over refugee quotas [Full Article...]

Blue Origin launches, lands Mannequin Skywalker with upgraded spacecraft

Blue Origin launches, lands Mannequin Skywalker with upgraded spacecraft [Full Article...]

Delta Orders 100 Airbus Jets Valued At Over $12.7 Billion

Delta Orders 100 Airbus Jets Valued At Over $12.7 Billion The rating was maintained by UBS with "Buy" on Monday, August 3. The stock of KVH Industries, Inc. The firm earned "Buy" rating on Friday, November 18 by Citigroup. Maltese Capital Management Llc owns 255,000 shares or 0.47% of their United States portfolio. Olstein Capital Management L.P. lifted its holdings in shares of Delta Air Lines by 4.1% during the 3rd quarter. [Full Article...]

Bank of England keeps interest rates on hold

Bank of England keeps interest rates on hold At its November meeting the MPC raised rates from the record low of 0.25%, citing record-low unemployment, rising inflation and stronger global growth. " In such exceptional circumstances, the MPC's remit specifies that the Committee must balance any trade-off between the speed at which it intends to return inflation sustainably to the target and the support that monetary policy provides to jobs a... [Full Article...]

Gloomy estate agents see little Christmas cheer in United Kingdom housing market

It found that homeowners were holding off moving unless absolutely necessary. Released today, the results of the RICS UK Residential market survey indicate that the housing market could be recovering somewhat following several consecutive months of deterioration. [Full Article...]

Freaky stock- Merck & Co., Inc. (NYSE:MRK)

The rating was maintained by Jefferies with "Sell" on Friday, October 20. Stifel Nicolaus maintained the stock with "Buy" rating in Monday, October 24 report. from $72.00 to $67.00 and set a "buy" rating for the company in a research note on Monday, October 30th. Merck & Company (NYSE: MRK ) last announced its earnings results on Tuesday, May 2nd. [Full Article...]

Patreon backs away from controversial fee restructuring plan

Patreon backs away from controversial fee restructuring plan Patreon says it will work directly with creators to address the changes, to create a better platform for everyone. Keeping the fee structure sustainable for the startup, preventing creators from having their content accessed without fair payment, and avoiding overcharging patrons for processing fees or fractions of a month of access seems somewhat intractible, otherwise the company would have come... [Full Article...]

FDO Partners LLC Takes Position in American Electric Power Company Inc (AEP)

Finally, Zacks Investment Research downgraded shares of El Paso Electric from a "buy" rating to a "hold" rating in a report on Thursday , September 21st. Horizon Ltd reported 0.14% in American Electric Power Company, Inc . The stock has "Market Perform" rating by Bernstein on Monday, April 4. El Paso Electric had a return on equity of 8.44% and a net margin of 10.13%. [Full Article...]

ICRA expects WPI inflation to rise above 4.0% in December

ICRA expects WPI inflation to rise above 4.0% in December According to data from the Ministry of Commerce and Industry, the wholesale price index (WPI), with the revised base year of 2011-12, went up in November to 3.93 from 3.59 percent in October. "The spike in vegetable prices led by onions and tomatoes was the chief factor that pushed up the primary food inflation to the 16 month high 6.1 percent in November", Aditi Nayar, Principal Economist at ICRA... [Full Article...]

OPEC Says Crude Oil Market Likely To Balance By End Of 2018

OPEC Says Crude Oil Market Likely To Balance By End Of 2018 Improved well efficiency and increased investment in US tight oil prompted OPEC to expect the momentum to continue in 2018. In its monthly Oil Market Report for December released Thursday morning, the International Energy Agency (IEA) said that global crude supplies rose by 200,000 barrels per day in November to 97.8 million barrels per day, the highest level so far this year. [Full Article...]

Tax department turns heat on bitcoin exchanges across country, checks for evasion

Tax department turns heat on bitcoin exchanges across country, checks for evasion The Income Tax Department on Wednesday conducted survey operations at major Bitcoin exchanges across the country on suspicion of alleged tax evasion, official sources said. Last week, the Reserve Bank of India ( RBI ) said it was concerned about bitcoin , just days after the cryptocurrency hit a record high of just under $11,800, stoking fears that a rapidly swelling bubble could burst. [Full Article...]

Wine glasses grow seven times larger over 300 years

Wine glasses grow seven times larger over 300 years They also suspect a larger glass encourages the brain to drink quicker by fooling it into thinking there is more to get through, even when smaller measures are poured. "Inevitably some succeed - which certainly increases sales and forces up consumption". Professor Theresa Marteau, who led the research, previously carried out an experiment in which she increased the size of wine glasses at ... [Full Article...]

Disney set to acquire entertainment assets from 21st Century Fox

Disney set to acquire entertainment assets from 21st Century Fox Fox's stock had traded at $25 a month ago, before it was reported the two conglomerates were close to a transaction. It's going to be an quake for show business in Los Angeles. "Furthermore, I'm convinced that this combination, under Bob Iger's leadership, will be one of the greatest companies in the world". Mr Murdoch's shift to selling assets rather than buying them has come as a surprise to... [Full Article...]

Sports Direct earnings boosted by new flagship stores

Sports Direct earnings boosted by new flagship stores Sports Direct said its new flagship stores, created to move the discount brand up-market, were trading well. On an underlying basis, pre-tax profit rose 22.9% to £88m and sales were up 4.7% to £1.7bn. It said in its latest trading update that it signed long-term forward hedging contracts in October. At a meeting, held at Sports Direct's headquarters in Shirebrook, 71% of independent shareho... [Full Article...]

Australian regulator plans to block BP's Woolworths acquisition

Australian regulator plans to block BP's Woolworths acquisition The Australian Competition and Consumer Commission (ACCC) said this morning it will block the acquisition by BP Australia of Woolworths' service stations after a lengthy nine month review. National Roads and Motorists' Association (NRMA) spokesman Peter Khoury said this was a positive result for consumers who ultimately want competition and lower prices. [Full Article...]

North Sea business out almost $30M a day on Forties pipeline outage

North Sea business out almost $30M a day on Forties pipeline outage Brent crude was up 64 cents, or 1%, at US$63,98 a barrel by 04h13 GMT. The pipeline operator said Wednesday "a number of repair options are now being considered and progressed", but it would still be weeks before any fixes are put into action. [Full Article...]


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