Tuesday, 18 December 2018
Latest news
Home » Finance


Bye-bye, Butterfinger? Nestle explores sale of United States confectionary business


Nestlé is to explore strategic options for its United States confectionery business, including a potential sale. Nestle has said it plans to compete the review by the end of 2017. Nestle may sell its USA candy business, which makes classics like the Butterfinger candy bar, Raisinets and Nerds. Nestle produces KitKat outside of North America and has failed to convince Hershey to sell it the rights to the brand in the U.S. Read More »

BA flight disruption cost estimated £80m: parent company


British Airways cancelled 726 flights, about 28% of its flights, over three days. British Airways' bank holiday IT chaos will cost it an estimated £80 million, shareholders were told at a meeting today. Walsh has suggested that human error could be to blame after an engineer disconnected and then reconnected a power supply to the British Airways data centre in "an uncontrolled and uncommanded fashion". Read More »

Notable Runners - Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Newmont Mining Corp (NYSE:NEM)

The firm's market capitalization is $17.82 billion. Insiders have sold 9,200 shares of company stock worth $316,770 over the last quarter. MacGowan William N sold $70,210 worth of stock or 2,006 shares. An evaluation of a stock's expected performance and/or its risk level as judged by a rating agency such as Standard and Poor's. The rating was maintained by RBC Capital Markets with "Outperform" on Friday, November 6. Read More »

Capita PLC (CPI) Receives Neutral Rating from JP Morgan Chase & Co

Liberum Capital downgraded Glencore PLC (LON:GLEN) on Thursday, July 28 to "Sell" rating. Therefore 100% are positive. The company has a 50-day moving average price of GBX 3,428.31 and a 200-day moving average price of GBX 3,121.13. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Marks and Spencer Group Plc (LON:MKS) has 0.00% since June 15, 2016 and is. Read More »

Dow, S&P 500 close at records after rebound in tech shares

Stocks are showing a muted reaction to the Fed announcement but they're still focused on growth, unlike bonds, which are moving more cautiously, said Joe Saluzzi, co-head of equity trading at Themis Trading. Traders work on the floor of the New York Stock Exchange June 2, 2017. The suspected shooter died after a gunbattle with police. Apple , which had sparked the selloff, was up 1.3 per cent at US$147.29 and boosted the S&P 500 and the Nasdaq. Read More »

Greek PM renews call for lenders to tackle Greece's debt

Sponsored Content - Download our Executive Briefing to learn how agency and industry experts are hoping to reduce insider threats. Conflicting messages flying back and forth ahead of a Eurogroup meeting on Thursday suggest that the outcome of crucial debt talks with Greece could go either way, with Germany apparently unwilling to concede any further debt cuts to Athens . Read More »

Indian Railways: From comfort to luxury!


You can pay online or cash on delivery. The passengers can also order through phone, for which they will have to dial "1323" and place their order. Once the booking is done, the payment can be done when the food is delivered. Screen grab of the IRCTC e-catering website. See Pics: Humsafar Express upgraded! Indian Railways is incorporating changes to boost e-catering services in trains. Read More »

Denied boarding for being late, TDP leader creates ruckus at Vizag airport


TDP is an ally of the country's ruling Bharatiya Janata Party-led National Democratic Alliance and India's Civil Aviation Minister Ashok Gajapathy Raju also belongs to the same party. He not only engaged in a scuffle with airport authorities but is also alleged to have abused Indigo flight staff and vandalising property at Visakhapatnam airport. Read More »

Gold Drops Near USD1260 As Fed Raises Rates


The Fed foresees one additional rate hike this year but gave no hint of when that might occur. Further, the Fed's relatively more hawkish than expected tone favoured Dollars while global equity markets were under pressure in early trade on the back of poor US data and reports conveying that the US President is under investigation. Read More »

Fed raises key interest rates


The Fed now sees the unemployment rate ending the year at 4.3 percent, where it sits currently, rather than the 4.5 percent previously expected. Aside from normalizing monetary policy going forward, or the assumption that two more rate increases are forthcoming, there are other implications worth considering. Read More »

Telcos suggest TRAI to fix floor price for voice call, data


It is an idea and we will deliberate on it", Trai Chairman RS Sharma said after emerging from a two-and-a-half hour meeting with senior officials of telecom companies. Trai chairman R.S. Sharma said this is a new idea that has come from some operators, and will be examined by the regulator. Jio has, however, opposed any extension on spectrum-related timelines, saying the past policy had resulted in aggressive bidding for the airwaves. Read More »

The Insider Buying: Huntsman Co. (HUN) CEO Acquires 10000 Shares of Stock

They are also projecting the Low EPS estimate of $0.54 and the High EPS estimate of $0.8. Huntsman Corporation (NYSE:HUN)'s shares may have a significant upside to the consensus target of 28.00, but how has it been performing relative to the market? 09/11/2014 - Huntsman Corporation had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. Read More »

US interest rates up for second time this year


According to the Fed, US job gains have moderated but have been solid, on average, since the beginning of 2017, and the unemployment rate has declined. It foresees one additional rate hike this year, unchanged from its previous forecast. If the Fed failed to raise interest rates gradually now, it might have to hike rates more quickly later in the event of rising inflation , and that could destabilize the economy, she said. Read More »

National Retail Properties (NNN) Stake Decreased by Neuberger Berman Group LLC

It is down 28.93% since June 15, 2016 and is uptrending. It has underperformed by 31.51% the S&P500.The move comes after 7 months positive chart setup for the $5.94 billion company. Citigroup upgraded the stock to "Buy" rating in Monday, April 4 report. The stock of National Retail Properties, Inc. (NYSE:NNN) on Wednesday, October 12 with "Outperform" rating. Read More »

Analysts Alert: Chicago Bridge & Iron Company NV (CBI)


About 557,294 shares traded. Digi International Inc. (NASDAQ:DGII) has declined 12.18% since June 15, 2016 and is downtrending. It has underperformed by 48.63% the S&P500. Hall Laurie J Trustee reported 457 shares. It was reported on Jun, 13 by Barchart.com . Grp One Trading Limited Partnership reported 0.02% stake. Investors sentiment increased to 1.28 in Q4 2016. Read More »

Trading Radar: Narrowing in on Shares of WR Berkley Corp (WRB)


Nucor noted a host of recently completed and ongoing trade-enforcement cases involving steel that it expects to "provide positive results as they work their way through the legal process over the next several months". The original version of this news story can be accessed at https://www.thestockobserver.com/2017/06/14/peapack-gladstone-financial-corp-has-4-11-million-stake-in-nucor-co-nue-updated.html. Read More »

Attorney General Jackley warns of deceptive tobacco settlement advertising

He says that isn't the case, and people should not give out personal information to unsolicited emails or ads. Jackley says recent ads are misleading consumers into believing they're eligible to receive tobacco settlement money. The Tobacco Master Settlement Agreement, which was reached in November 1998, was between the four largest American tobacco companies and 46 states, the District of Columbia and five USA territories. Read More »

London tower fire death toll expected to grow beyond 12

Metropolitan Police Chief, Commander Stuart Cundy has called the fire unprecedented. Residents' groups have claimed they voiced concerns about the safety of the building, which had been recently refurbished, while those who escaped complained their fire alarms had not been set off by the blaze. Read More »

Shares now down at $87.17 (CRM) Salesforce Launches Einstein Analytics:…


Finally, Arizona State Retirement System boosted its stake in shares of Salesforce.com by 1.5% in the third quarter. The stock declined 1.69% or $1.47 reaching $85.7 per share. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of USA & global copyright & trademark law. The original version of this news story can be viewed at ... Read More »

Trump 'being investigated for obstruction of justice'


Attorney General Jeff Sessions testified Tuesday that he never told former FBI Director James Comey there were any issues with how the bureau was run before Comey was sacked. Attorney General Jeff Sessions is the arguably the most vulnerable member of President Donald Trump's cabinet. "I recused myself from any investigation into the campaigns for president, but I did not recuse myself from defending my honor against scurrilous and false allegations", he said. Read More »

Reckitt Benckiser Group Plc 14.3% Potential Upside Indicated by Macquarie

There are now 702,944,056 shares in issue with the average daily volume traded being 1,325,641. Exco Technologies Limited (TSE:XTC) has 0.00% since June 15, 2016 and is. GSK has been the topic of several research analyst reports. The Sivik Global Healthcare Llc holds 270,000 shares with $7.38M value, up from 200,000 last quarter. Read More »