Finance

CBS Sues Redstone's Firm to Block Removal of Network Directors

CBS Sues Redstone's Firm to Block Removal of Network Directors The Special Committee has taken this step because it believes it is in the best interests of all CBS stockholders, is necessary to protect stockholders' interests and would unlock significant stockholder value. The lawsuit alleges that Redstone has "improperly interjected herself into negotiations" about the merger and has "acted to undermine CBS's highly lauded and successful management tea... [Full Article...]

Stock with higher future earnings - BMO Short-Term US Treasury Bond ETF (ZTS)

Stock with higher future earnings - BMO Short-Term US Treasury Bond ETF (ZTS) Investors and traders may be looking to figure out if a stock is trending before employing a specific trading strategy. Some investors may choose to start with industry research first and eventually filter down to individual stock picks. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. Current price places the company's sto... [Full Article...]

On May, 30 Hewlett Packard Enterprise Company (HPE) EPS Estimated At $0.31

On May, 30 Hewlett Packard Enterprise Company (HPE) EPS Estimated At $0.31 For Hewlett Packard Enterprise Company (NYSE:HPE), Stochastic %D value stayed at 74.26% for the last 9 days. This year's earnings per share analyst estimate is expected to be $0.31. We will analyze the growth, profitability, risk, valuation , and insider trends of both companies and see which one investors prefer. Finally, John G Ullman & Associates Inc. [Full Article...]

WPI inflation rises to 3.18 pc in April on costlier fuel, fruits

WPI inflation rises to 3.18 pc in April on costlier fuel, fruits The rupee closed at 67.50 to the dollar, its lowest since February 2017 and compared with 67.34 on Friday. PHD Chamber of Commerce President Anil Khaitan termed the rise in inflation worrisome and hoped that prices do not increase further in the coming months. [Full Article...]

The US may sanction European companies for Iran

The US may sanction European companies for Iran That's what we're going to do and I'll work hard with Europeans in next few days. "If the government of New Zealand obeys any sanction against Iran , it is not sanction against Iran it is a sanction against the New Zealand companies", Mr Mianji said . [Full Article...]

Asiana jet crashes into Turkish Airlines plane's tail at Istanbul airport

Asiana jet crashes into Turkish Airlines plane's tail at Istanbul airport Passengers on the flight have been provided with hotel accommodation, with the cause of the accident now under investigation, according to Asiana Airlines. "The collision resulted in a fire on the Turkish jet, forcing fire crews to rush to the scene". The Asiana's A330 wide body jetliner was bound for Incheon, scheduled to depart from Turkey at 5:30 p.m. [Full Article...]

CBS sues majority shareholder Shari Redstone to halt Viacom merger

CBS sues majority shareholder Shari Redstone to halt Viacom merger A spokeswoman for National Amusements had no immediate comment. CBS Corp. has declared war on its controlling shareholder, suing Shari Redstone and her family's National Amusements Inc. But Redstone wants Viacom CEO Bob Bakish to be a part of it, setting up Bakish as a future CEO. It is a sign of stiff resistance to the merger idea. The New York media company has also asked the Delaware Ch... [Full Article...]

Here's why: British Gas owner to cut 1000 jobs this year

Here's why: British Gas owner to cut 1000 jobs this year British Gas raised the tariff by 12.5 percent in September despite sliding customer numbers. Centrica , Britain's largest energy supplier, revealed it had lost 110,000 United Kingdom domestic customers since the start of the year amid "high levels of competitive intensity". [Full Article...]

Gas prices 50 cents more than this time a year ago, AAA says

Gas prices 50 cents more than this time a year ago, AAA says The result is gas that is 57-cents per gallon more expensive this year than last. $2.37/g in 2017, $2.15/g in 2016, $2.74/g in 2015, $3.49/g in 2014 and $3.42/g in 2013. Dartmouth Avenue where it was $2.53 a gallon. In Jacksonville, Monday morning's average for a gallon of regular was $2.792. Gas prices are now 49 cents higher than a year ago yesterday. [Full Article...]

Oil price falls as EU, Asia resist United States pressure

The share of OPEC crude oil in total global production remained unchanged at 32.6 percent compared with the previous month, said the report. Oil prices have been a bit of a roller-coaster ride so far this year, going up and down between its lowest point of $59 (£43) per barrel in February on the West Texas Intermediate (WTI) index to peaking earlier this month at nearly $72 (£53). [Full Article...]

PNB scam: CBI files its first charge-sheet

PNB scam: CBI files its first charge-sheet Modi will also be named as accused in the charge sheet. The Central Bureau of Investigation (CBI ) will bring charges against senior bank officials on Monday following an investigation into the $2 billion fraud at Punjab National Bank (PNB), a police source told Reuters . [Full Article...]

Violence mars panchayat elections in West Bengal: 10 points

Violence mars panchayat elections in West Bengal: 10 points The voting will end at 5 pm, and votes will be counted on May 17. At least six people have been killed in poll-related violence in West Bengal . CPI (M) worker Debu Das and his wife were charred to death after their house in North 24 Parganas was torched Sunday night. [Full Article...]

Walmart-Flipkart deal: IT dept seeks sale agreement to assess tax liability

Walmart-Flipkart deal: IT dept seeks sale agreement to assess tax liability Walmart recently announced it is paying $16 billion for a 77% stake in Flipkart Group . The tax department had last week written to Bentonville-Arkansas based Walmart saying that the U.S. At present, SoftBank is reportedly undecided on selling its Flipkart shares because of tax implications. The official sources also suggest that SoftBank will not sell its stake. [Full Article...]

Summary of BHP Billiton Limited (NYSE:BHP) Ratings on May 13, 2018

Summary of BHP Billiton Limited (NYSE:BHP) Ratings on May 13, 2018 BHP has 2.89M volume or 0.89% up from normal. BBL is uptrending and has moved 28.11% since May 12, 2017. BHP outperformed by 11.53% the S&P500. Yakira Capital Management Inc increased its stake in Monsanto Co New (MON) by 10.76% based on its latest 2017Q4 regulatory filing with the SEC. [Full Article...]

Xerox Axes $6 Billion Fujifilm Sale, Shuffles Leadership

Xerox Axes $6 Billion Fujifilm Sale, Shuffles Leadership Recent reports reveal Xerox has called off its controversial US$6.1 billion sale to Japanese-based Fujifilm, after agreeing to give control to "rebellious" activist investors Carl Icahn and Darwin Deason. As part of the agreement, Xerox and Icahn will withdraw their nominations for any other candidates for the 2018 shareholders meeting (which will be postponed). [Full Article...]

Holland, Hundley and Hernandez help Giants snap losing streak at six

Holland, Hundley and Hernandez help Giants snap losing streak at six Pittsburgh's ability to cash in against Watson crushed a Giants squad that scored a run in the seventh and one more in the eighth to tie the game 5-5. 21-45 in their last 66 road games against a right-handed starter. San Francisco sends rookie Andrew Suarez to the bump for his 4th start of 2018 versus Pittsburgh. [Full Article...]

Federal Realty Investment Trust Sentiment Worsening on Low Stock Potential

The stock of Matson, Inc. (NYSE:HRB) earned "Neutral" rating by Sterne Agee CRT on Tuesday, March 22. The firm has "Buy" rating given on Thursday, March 15 by Cantor Fitzgerald. Aviva Public Ltd Co has 0.02% invested in H&R Block, Inc. Presima Incorporated holds 0.19% of its capital in Kimco Realty Corporation (NYSE:KIM) for 80,300 shs. [Full Article...]

Shares in Wells Fargo (WFC) Purchased by MetLife Investment Advisors LLC

Shares in Wells Fargo (WFC) Purchased by MetLife Investment Advisors LLC About 4,361 shares traded. WFC underperformed the S&P500 by 19.30%. The holdings In Wells Fargo Co New ( WFC ) was decreased owned by Manufacturers Life Insurance Company The. Funds hold 3.64 billion shares thus 0.11% less from 2017Q3's 3.65 billion shares. EPS growth estimate for this year is set at -9.40%.The earnings per share (EPS) formula is stated as earnings available to common shar... [Full Article...]

Germany, Russian foreign ministers call for Iran deal to be upheld

Germany, Russian foreign ministers call for Iran deal to be upheld Following an order by President Hassan Rouhani, FM Zarif will start his intensive visits on Sunday with the aim of investigating the possibility of continuing the implementation of JCPOA provided that the Iranian nation's interests are guaranteed, Foreign Ministry Spokesman Bahram Qassemi said. [Full Article...]

U.S. stocks rally after Trump's Iran n-deal decision

U.S. stocks rally after Trump's Iran n-deal decision It was followed by Facebook Inc, which rose 2.09%. Google's parent company, Alphabet, rose 2.9 percent and Bank of America also rose 2.6 percent. With March-quarter reports mostly wrapped up, S&P 500 earnings per share appear to have surged by 25.9 percent, helped by deep corporate tax cuts introduced this year, according to Thomson Reuters I/B/E/S. [Full Article...]


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