Sunday, 22 October 2017
Latest news
Home » Finance

Finance

Britain's Heathrow Airport says baggage handling disrupted at two terminals

perth_map

Heathrow said the system had failed at Terminals 3 and 5 but said other terminals were unaffected. Other terminals were not affected and the problems did not extend to worldwide passengers flying into London. "Terminals 2 and 4 were unaffected by the issue". 'We continue to monitor the situation. Disgruntled travellers have taken to social media to vent their frustration with the airport. Read More »

Federal Reserve Raises Rates Again: What You Need to Know

Following a two-day meeting, the Federal Open Market Committee (FOMC) has voted by a majority of 8 to 1 to increase the Federal Funds Rate to 1%-1.25% from 0.75%-1%. Mortgages and auto loans are not directly affected by the actions of the Fed, but historically speaking, they tend to rise after the Fed raises rates. Read More »

Dollar under pressure as pace of United States inflation slows

The Fed also issued updated economic forecasts that showed it foresees one additional rate increase this year to follow Wednesday's increase and an earlier rate hike in March . The Fed's preferred measure of underlying inflation has retreated to 1.5 percent, from 1.8 percent earlier this year, and has run below the central bank's 2 percent target for more than five years. Read More »

Federal Reserve raises interest rate by quarter point

As widely expected, the Federal Open Market Committee (FOMC) raised the target range for the federal funds rate by 25 basis points to between 1 and 1-1/4 percent. And the most important pillar of the economy - the job market - remains solid if slowing, with employment at a 16-year-low of 4.3 percent - even below the level the Fed associates with full employment. Read More »

Anglo American plc's (AAL) "Sell" Rating Reaffirmed at Liberum Capital

It is negative, as 2 investors sold Land Securities Group plc shares while 10 reduced holdings. 44 funds opened positions while 115 raised stakes. Madame Tussauds and Alton Towers owner Merlin Entertainments (LON:MERL) shares dropped 2.6% as the recent terror attacks weighed on the United Kingdom domestic market which had been buoyed by foreign tourists. Read More »

Verizon Acquires Yahoo! for $4.48 Billion

Oath comprises more than 50 media and technology brands including TechCrunch , HuffPost, Tumblr , Engadget and flickr . "It's mainly focused on us putting more resources toward the front end, towards the consumer side", Armstrong, who will be Oath's CEO, said on CNBC's " Squawk Box ". Read More »

Will Power Wins Wild IndyCar Race at Texas Motor Speedway

perth_map

Will Power has taken victory after a insane Rainguard Water Sealers 600 around the Texas Motor Speedway , in a race of attrition which featured nine full course cautions and one red flag delay. IndyCar officials, of course, sided with Hinchcliffe and handed Kanaan a stop-and-hold penalty for 20 seconds for avoidable contact. Hinchcliffe was penalized, forcing him to come through pit road, putting him down a lap. Read More »

Stocks fall, dollar pares losses after Fed decision

RATE HIKE: The Federal Reserve raised interest rates for the third time since December, something investors had widely expected based on the Fed's recent statements. Stocks showed a lack of direction throughout much of the trading session on Wednesday before ending the session mixed. On the USA economic front, the Commerce Department released a report this morning showing an unexpected drop in retail sales in the month of May. Read More »

EU scraps mobile roaming charges - for now

perth_map

In extreme cases, bills that ran to the hundreds or even thousands of pounds were not unheard of for users who unwittingly used up huge amounts of data downloading television programmes, films or holiday videos to social media. It found calling Spain from the United Kingdom can cost between 9p with provider Giffgaff to £1.50 per minute on O2. If you travel outside of Europe you will still pay roaming fees, although soem companies like Three include some other countries in their plans, so ... Read More »

ZWJ Investment Counsel Inc. Increases Position in Noble Energy Inc. (NBL)

California State Teachers Retirement holds 0.07% of its portfolio in Noble Energy, Inc. Given that liquidity is king in short-term, NBL is a stock with 439.29 million shares outstanding that normally trades 3.58% of its float. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS ), as well as a strong sense of how much the company will earn even farther down the road. Read More »

Stephen Colbert: Maybe Jeff Sessions Invoked 'White Privilege' To Dodge Questions

perth_map

But he said that he was unable to say whether he had discussed Comey's handling of the FBI investigation on the principle that his conversations with the President should be kept confidential. "Can't comment" or "can't recall" were his default positions. And he appeared to do that effectively in a strong opening statement , where he slammed the door shut on even the possibility that he had a third meeting with Russian ambassador Sergey Kislyak. Read More »

US Fed raises key rates for 2nd time this year

In any case, with markets already pricing in the rate hike , REIT investors seemed to shrug off the Fed's move on Wednesday. By then, the Fed's forecast would put its key policy rate at 3 per cent. In the wake of the financial crisis, the central bank added Treasury securities and mortgage-backed securities to its balance sheet. The U.S. dollar bounced back from seven-month low against a basket of currencies after the Federal Reserve raised interest rates and gave a first clear ... Read More »

Judge: Redo part of analysis for Dakota Access pipeline

perth_map

Two previous arguments by the Standing Rock tribe - that the construction had threatened sacred sites, and that the presence of oil in the pipeline would damage sacred waters, had been rejected by the court. The newest battle was triggered by one of President Donald Trump's early executive orders, directing the corps to expedite approval. "It wasn't right, and now we know it wasn't lawful". Read More »

How Analysts Feel About TRI Pointe Group Inc (NYSE:TPH)?

State Board Of Administration Of Florida Retirement Sys invested 0% in TRI Pointe Group Inc (NYSE:TPH). As per Thursday, September 17, the company rating was initiated by Deutsche Bank. Sei Invests Company holds 0.01% or 156,521 shares. Ironwood Limited Liability Co owns 38,026 shares. Hennessy Inc holds 1.07% in Packaging Corp Of America (NYSE:PKG) or 425,600 shares. Read More »

House Majority Whip Steve Scalise, aides shot at baseball practice in Virginia

Speaking after the shooting Mr Sanders, the former candidate for the Democratic presidential nomination, said that Hodgkinson had apparently volunteered for his campaign a year ago. She said the officer had gotten out of a parked vehicle, drawn a handgun and shouted something to the gunman , who then fired. He said he grabbed Scalise's phone to call his wife. Read More »

Oil slips as data points to fast-growing supply

Inventories were 292 million barrels higher than the average over the past five years, said the agency, which advises governments on energy trends. Soaring U.S. "Indeed, based on our current outlook for 2017 and 2018, incorporating the scenario that OPEC countries continue to comply with their output agreement, stocks might not fall to the desired level until close to the expiry of the agreement in March 2018", the IEA's report read. Read More »

Automotive Wheels Market Demand, Growth Forecasts 2017 to 2022

perth_map

Correlation, regression, and time-series models are included in the report so that it may provide insightful analysis of the key industry trends. In this report , key players in the Power Cable market have been acknowledged with the help of various primary sources and secondary sources including primary and secondary interviews and yearly reports of major market competitors . Read More »

Oil gains more than 1 per cent on Middle East schism

perth_map

U.S. West Texas Intermediate (WTI) crude futures were at $48.13 per barrel, down 6 cents from the previous close , and 6 percent below its open on May 25. Sentiment deteriorated further last week after data from oil-field services company Baker Hughes Inc. on Friday showed US oil drillers adding 11 more active rigs in the week ended June 2. Read More »

Here's Why EP Energy Corporation (EPE) Trending These Days

A number of other hedge funds also recently made changes to their positions in the stock. Sold All: 22 Reduced: 31 Increased: 35 New Position: 16. By historical standards, EP Energy Corporation remains a cheap stock. This is based on a scale where a 5 would indicate a Strong Buy, a 4 would equal a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would indicate a Strong Sell. Read More »

Deadly London fire: How and why?

Footage on social media showed the flames on most floors, with witnesses reporting seeing people trapped in their units, while others were forced to jump from the apartment block, some from as high as 15 floors. "The Prime Minister is deeply saddened by the tragic loss of life in the Grenfell Tower and is being kept constantly updated on the situation", a spokesman said. Read More »

USA stocks end mostly lower after Fed rate hike

The Nasdaq composite declined 25.48 points, or 0.4 percent, to 6,194.89. Yellen indicated the Fed still remained confident inflation would rise to its target over the medium term, bolstered by what she described as a robust labor market that is continuing to strengthen. Read More »

Brokerages Set Dupont Fabros Technology, Inc. (DFT) PT at $53.75

SunTrust has "Buy" rating and $190 target. Stifel Nicolaus maintained Constellation Brands, Inc. Lake Street has "Buy" rating and $40 target. The firm has "Sell" rating given on Wednesday, July 13 by Berenberg. Analysts await DuPont Fabros Technology, Inc. (NYSE:DFT) has "Buy" rating given on Thursday, December 8 by Citigroup. Barclays Capital has "Overweight" rating and $49 target. Read More »

BlackRock urges Exxon to disclose more about climate change-related risks

On Thursday, June 1 the stock rating was maintained by Jefferies with "Hold". Cornerstone invested in 58,441 shares. Exxon Mobil (NYSE: XOM ) last issued its earnings results on Friday , April 28th. The stock has "Equal Weight" rating by Barclays Capital on Tuesday, January 12. The firm earned "Buy" rating on Tuesday, October 6 by GMP Securities. Read More »