Monday, 11 December 2017
Latest news
Home » Finance

Finance

UK opposition Labour leader Corbyn calls for PM May to stand down

Jeremy Corbyn's Labour enjoyed a spectacular night as the Tories were left facing the prospect of having to form a minority government . There isn't a parliamentary majority for anybody at the present time, the party that has lost in this election is the Conservative Party, the arguments the Conservative Party put forward in this election have lost. Read More »

World stock markets firm as United Kingdom vote, European Central Bank meeting loom

perth_map

The yen had landed a glancing blow overnight after stimulus withdrawal talk from a Bank of Japan policymaker, but the greenback had all but recovered as focus returned to the day's main events. Treasury yields edged higher after the ECB's upgrade of its euro zone growth forecast, with benchmark 10-year yields US10YT=RR last at 2.201 percent compared to 2.180 percent late Wednesday.The dollar's gains pushed gold prices lower. Read More »

What's Ahead for SemGroup Corp (SEMG) After Achieving 52-Week Low?

The Etrade Capital Management Llc holds 22,085 shares with $523,000 value, up from 60 last quarter. The company posted an earnings surprise of -223.1%. A number of equities analysts have commented on the stock. Finally, State Board of Administration of Florida Retirement System raised its position in SemGroup Corp by 0.5% in the fourth quarter. Read More »

Iran sends first food cargo to Qatar

The Arab countries closed air, sea and land links with Qatar , barred the emirate´s planes from their airspace and ordered Qatari citizens out within 14 days. The list included Youssef El-Qaradawi, the 90-year-old Egyptian-Qatari scholar and spiritual leader of the Muslim Brotherhood organization, which has been designated a terrorist organization by Egypt, UAE and Saudi Arabia. Read More »

Penguins must find way to finish against Rinne

Penguins coach Mike Sullivan , as he has for each of the last two springs when his team finds itself in a tight spot, pushed all the right buttons again. "I've said it a few times , usually desperation wins the day". "It's time ", Malkin said. "But there's a long way to go still", said Kessel. He plays so hard. Read More »

North Korea fires multiple ground-to-ship cruise missiles

perth_map

Joseph Dempsey, an analyst with the International Institute for Strategic Studies, and others have suggested that the missiles used were first unveiled during the high-profile military parade in April that marked the anniversary of the birth of the state's founding leader. Read More »

Macron talks Syria, LGBT rights, fake news with Putin

perth_map

However, he warned that Paris will respond immediately to any use of chemical weapons after suspicions that the Assad regime - Moscow's ally - used toxic sarin gas against its people. Macron showed himself firm on other issues, too. Putin had supported Macron's opponent, Marine Le Pen , and received the nationalist at the Kremlin during her campaign. Read More »

Stagecoach Group plc (SGC) Rating Reiterated by Liberum Capital

On Wednesday, May 11 the stock rating was maintained by Berenberg with "Buy". The firm earned "Neutral" rating on Friday, January 20 by Sidoti. The firm has "Buy" rating by Numis Securities given on Thursday, March 2. The stock of Everest Re Group Ltd (NYSE:RE) has "Buy" rating given on Thursday, May 12 by Deutsche Bank. The stock of Xenon Pharmaceuticals Inc (NASDAQ:XENE) has "Buy" rating given on Monday, September 26 by Guggenheim. Read More »

Police make more arrests after London attack

Also identified in the London Bridge attack was Rachid Redouane , who claimed to be of Moroccan and Libyan origin and sometime went by the name Rachid Elkhdar. "The police and our partners are doing everything we can across the country to help prevent further attacks and protect the public from harm", he said. Read More »

Sessions recused from Russian Federation probe only over campaign role:DOJ

President Donald Trump's abrupt firing of Comey on May 9 renewed attention to allegations by U.S. intelligence agencies that Russian Federation interfered in the election to benefit Trump . Wray will need Senate confirmation. Former prosecutors said his testimony shed light on some of the harder-to-prove facets of an obstruction case, in particular whether Trump would have had any reason to think that asking the FBI to drop its investigation of Flynn was improper. Read More »

London terrorist on bail at time of attack

Counter-terror police arrested the pair during an operation on a street in Ilford , east London , Scotland Yard said. In a separate investigation not linked to the London Bridge attacks, officers backed up by armed police arrested three men in east London on Thursday on suspicion of preparing for acts of terrorism . Read More »

US Begins Importing Iraqi Oil After Saudis Cut Exports

perth_map

Royal Dutch Shell Plc lifted restrictions on exports of a key Nigerian crude halted for more than a year, potentially undermining the efforts of other OPEC members to clear a glut. The US benchmark, West Texas Intermediate (WTI), was down 0.81 per cent at $47.80 a barrel. August Brent crude oil closed at $48.16, down 1.96 or -3.91% and July WTI crude oil settled at $45.78, down 2.41 or -5.00%. Read More »

The 8 biggest takeaways from James Comey's testimony

Kasowitz also accused Comey of lying with regard to what Trump told him during a White House dinner in January. 'Contrary to numerous false press accounts, Mr Comey has now finally confirmed publically what he repeatedly told President Trump privately, ' he said. Read More »

Asian shares down ahead of Comey, ECB and UK election

perth_map

The RBA is widely expected to keep interest rates unchanged at a record low of 1.5 percent and focus was on its stance on the domestic economy in the wake the recent drop in iron ore prices, a relatively high unemployment rate and sluggish wage growth. Read More »

L'Oreal enters talks with Natura over selling Body Shop

perth_map

L'Oreal bought The Body Shop in 2006 for £652m, and it had intentions to expand the company three times bigger than the current number of 1,000 shops. For Natura, the move "will further strengthen our strategic aims of becoming more worldwide and more diversified in terms of brands and sales channels", CEO Joao Paulo Ferreira said separately. Read More »

IMac Gets Major Update, New iMac Pro Is Apple's Most Powerful Mac

perth_map

In addition, Apple has also introduced an entirely new workstation-class all-in-one desktop computer, dubbed as iMac Pro , which is claimed to be the most powerful Mac device it has ever built. With this new update , the top of the line MacBook will end up being powered by an Intel Core i7 chip that maxes out at 1.3 GHz . And the 27-inch 5K Retina display model will have a choice of Radeon Pro 570, 575, and 580 graphics cards with up to 8GB of VRAM for 5.5 teraflops of graphics computing. Read More »

Another arrest in London attack as third attacker is named

perth_map

Khuram Shazad Butt , 27, and Rachid Redouane , 30, were among those shot dead by police following the London Bridge and Borough Market incidents, Reuters reports . Meanwhile more than 130 imams and religious leaders announced their refuse to say funeral prayers for the London Bridge perpetrators, and called on others to do the same. Read More »

United Kingdom industrial output weaker than expected

Manufacturing showed growth of just 0.2 per cent in April over the month... "The new government needs to ensure that housebuilding is at the top of its agenda and give the construction industry the tools to succeed, such as streamlining planning laws and investing in public projects". Read More »

Active Volume Stock: Micron Technology, Inc. (MU)

The stock added in the prior trading session by 2.95%, closing at the stock price of $32.5. 8,281,223 shares of the company's stock traded hands. It has outperformed by 16.77% the S&P500. 841.20 million shares or 0.23% more from 839.25 million shares in 2016Q3 were reported. Looking at the stock's movement on the chart, HP Inc. recorded a 52-week high of $19.58. Read More »

Insiders Buying, Short Interest Falling Opko Health, Inc. (NASDAQ:OPK)

Finally, Vanguard Group Inc. boosted its stake in shares of Opko Health by 4.4% in the first quarter. Comerica Bank bought a new stake in Opko Health during the fourth quarter worth $117,000. Analysts on average have given a price target of $13.5 to Opko Health, Inc . TRADEMARK VIOLATION NOTICE: " Opko Health Inc ". If you are reading this story on another website, it was stolen and republished in violation of USA and global trademark and copyright laws. Read More »

British Airways Flights Chaos

perth_map

He added that BA is operating more than 95% of its flights on Monday, with all of its Gatwick services and long-haul flights from Heathrow going ahead. Giving his first media interview since a major outage on Saturday caused the airline's IT system to collapse, Alex Cruz refused to resign and said the problem was not a result of outsourcing jobs to other countries. Read More »

Most Active Stock: Energy Transfer Equity, LP (ETE)

perth_map

The stock decreased 1.39% or GBX 9.17 on June 8, reaching GBX 650.93. Skidmore David K bought $111,536 worth of stock or 3,129 shares. It has outperformed by 25.98% the S&P500. Its up 0.03, from 0.95 in 2016Q3. It fall, as 49 investors sold WDC shares while 223 reduced holdings. 58 funds opened positions while 108 raised stakes. Read More »

European Central Bank rules out further interest rate cuts, in step towards stimulus exit

perth_map

The next major test will come in September, when the bank will probably decide whether to continue bond buys beyond this year or start to wind them down, known as tapering. Gross fixed capital formation was 1.3 percent higher in the quarter and up 6.0 percent year-on-year. People needed to be patient and confident that stronger growth would feed into higher productivity and wages, he said. Read More »

Europe's central bank is done cutting rates

perth_map

Acknowledging improved prospects, the European Central Bank dropped a pledge to cut rates if necessary and gave up a long-standing reference to risks to the economy, declaring the outlook "balanced". The 10-year Treasury yield held rose to 2.17 percent from 2.15 percent late Tuesday. The meeting of the ECB's governing council was dedicated above all to slight corrections to their communication, explaining that the risks for growth are now "broadly balanced" and no longer tilted to the ... Read More »