Thursday, 29 June 2017
Latest news
Home » Finance

Finance

Irradiated US Nuclear Site Goes Into Emergency Lockdown

Officials detected no release of radiation and said no workers were injured. Lyman pointed to a description of the storage tunnels from a report from the Consortium for Risk Evaluation with Stakeholder Participation in 2015 about the Hanford site, saying there is quite a lot of cesium-137 and plutonium in those tunnels. Read More »

Energy chief: Tunnel hole filled at Hanford N-waste site

perth_map

The collapse of the tunnel caused soil on the surface above to sink between 2 and 4 feet over a 400-square-foot area, officials said. "It's not acceptable that the hole could have been open for four days", said Alex Smith, nuclear waste manager for the Washington state Department of Ecology, which helps regulate the Hanford site. Read More »

Dollar rallies after Fed signals June rate hike likely

The Federal Reserve struck a familiar tone in its statement concerning interest rates, pointing out that interest rate increases will be gradual in 2017, and highlighted that growth in economic activity had slowed in the first quarter, while household spending rose "only modestly". Read More »

Bank Of England Holds, Sterling Turns Lower

But it lowered its forecast for 2017 from 2.0% to 1.9%. Britain's economy was one of the best performing major advanced economies a year ago, wrongfooting the BoE and most other forecasters who predicted that voting to leave the European Union would send the economy into a tailspin. Read More »

Numis Securities Ltd Reiterates "Buy" Rating for Be Heard Group PLC (BHRD)

On 5/3/2017, Liberum Capital released a statement on Halfords Group PLC (LON:HFD) maintained the target price at 340.00GBX that suggested a downside of -0.06%. 686.04 million shares or 1.22% more from 677.77 million shares in 2016Q3 were reported. The legal version of this story can be read at https://www.thecerbatgem.com/2017/05/11/insider-buying-stv-group-plc-stvg-insider-buys-18750-in-stock-updated.html. Read More »

Emmanuel Macron resigns as party chief

Speaking to Bloomberg, Mr de Bresson said France had rejected the "extreme" option, unlike Britain's Brexit vote or Donald Trump's presidential victory. Maybe Macron will respect her and the United Kingdom enough to allow us to pass smoothly out of the EU? "It's going to be a great experience". French President-elect Emmanuel Macron has resigned from the presidency of his En Marche! The former prime minister was curtly told to apply online like everyone else, and reportedly faced the ... Read More »

Bank of America's Merrill Lynch to debut fiduciary-friendly account option

perth_map

In Merrill's call to FAs this week, the wirehouse said it would offer a "limited goal brokerage IRA" starting June 12, according to the memo. The account will initially be for cash and bank deposits, but Merrill intends to expand its availability to a "limited product set" including money market funds, brokered certificates of deposit, and employer rollovers or transfers of concentrated stock positions, according to a source familiar with the matter. Read More »

United flight delayed after scorpion reported aboard

perth_map

The incident comes almost a month after another man was stung by a scorpion on a United flight from Houston to Calgary. A United flight from Houston to Ecuador was delayed after a scorpion was spotted aboard. It is unclear whether or not the scorpion was ever discovered by the airline. The plane returned to the gate and paramedics examined the customer? who declined medical treatment? and determined that the unnamed passenger had not been stung. Read More »

Haiti will ask US to renew immigration benefits

perth_map

Internal U.S. Citizenship and Immigration Services emails show the agency's newly appointed policy chief also wanted to know how numerous roughly 50,000 Haitians enrolled in the TPS program were taking advantage of public benefits, which they are not eligible to receive. Read More »

JC Penney Q1 Loss Widens, Sales Miss View; Stock Down

perth_map

Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a awful week for retailers. J C Penney reaffirmed the full-year outlook it had provided previously for same store sales to be between a decline 1% to an increase of 1% year over year. Read More »

Tusk Calls For 'Moderation' Ahead Of Brexit Talks

Attempting to get the process back on an even footing, Donald Tusk, the EU Council President, called for "discretion, moderation and mutual respect" from both parties, The Telegraph has reported , warning: "These negotiations are hard enough as they are". Read More »

Arcelor Mittal Q1 net at $1 billion; debt rises to $12.1 billion

perth_map

The firm, led by billionaire Lakshmi N Mittal, had posted a net loss of United States dollars 416 million in the year-ago period, it said in a filing. Global steel demand will grow more than previously forecast in 2017 due to a recovery in developed economies and accelerating growth in emerging and developing markets, especially Russia, Brazil and India, industry group World Steel Association (Worldsteel) said last month . Read More »

Nexus, Snapdeal, SoftBank agree on sale to Flipkart

perth_map

The valuation, however, has shrunk since then and the potential deal could see the embattled e-commerce company being valued at about $1 billion, said market watchers. Once completed, the Snapdeal - Flipkart deal would mark the biggest acquisition in the Indian e-commerce space and change the sector's landscape. There have been reports that Snapdeals mobile wallet service Freecharge could be sold separately with players like Paytm and MobiKwik being in the fray. Read More »

Price Review of Stock: Baxter International Inc.'s (BAX)

The company's stock had a trading volume of 758,450 shares. Baxter International also posted sales of $2.59 billion during the same quarter a year ago. Hartford Financial Management Inc. now owns 14,500 shares of the medical instruments supplier's stock worth $690,000 after buying an additional 57 shares during the last quarter. Read More »

Nissan annual profit rises on strong US, China, Europe sales

perth_map

Yokohama-based Nissan's US sales rose 4 percent on-year on solid demand for the Rogue and Altima sedan. This was helped by better sales in China, the U.S. The forecasts are based on a projection that the yen will average ¥108 to the USA dollar this year, stronger than Thursday's level of near ¥114. As is the case with other Japanese companies, Nissan's results are being impacted by the strong yen, especially versus the dollar. Read More »

Buffett calls Obamacare replacement 'a huge tax cut for guys like me'

Apple's (AAPL) brand loyalty and reasonable valuation is what convinced billionaire investor and Bershire Hathaway (BRK.A) (BRK.B) Chairman and CEO Warren Buffett to invest in the company, Buffett told CNBC Monday. Apple , which Buffett bought a stake in previous year, accounts for about 5.5% of Berkshire's portfolio. Buffett also noted that Berkshire reported far fewer investment gains in the first quarter, which dragged on results, but said the company now has a slight preference ... Read More »

Surprise levy a blow to Australian banks

Australia's major banks extended with losses in early trade today with another $8 billion wiped out from their market valuation after the budget last night imposed a levy, which Treasury hopes will raise $6.2 billion over four years. In addition, from 1 July 2018, individuals aged 65 and over will be able to make a non-concessional contribution of up to $300,000 in proceeds from the sale of a principal residence, held for at least 10 years, into their superannuation. Read More »

Liberum Capital Reaffirms "Buy" Rating for Flybe Group PLC (FLYB)

Liberum Capital maintained the shares of UTG in report on Tuesday, January 10 with "Hold" rating. As per Tuesday, December 1, the company rating was reinitiated by Goldman Sachs. It has underperformed by 11.65% the S&P500. Among 15 analysts covering Microsemi ( NASDAQ:MSCC ), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 100% are positive. Read More »

Ford Motor Company (NYSE:F) & Pandora Media Inc (NYSE:P) News Buzz

perth_map

Ladenburg Thalmann Financial Services Inc decreased Ford Mtr Co Del (F) stake by 7.19% reported in 2016Q4 SEC filing. This Form 4 is obtainable online here. Now Ford Motor Company's current price is $5.89 shy of the official highest sell-side analyst price target on Wall Street. Its price/book multiple of 1.48 compared with the 2.66 while its free cash flow yield of 14.47 should be matched with that of its industry's 12.00. Read More »

Maine Secretary of State Tapped for Trump's Voter Fraud Commission

The claims continued after the election, with Trump claiming that voter fraud kept him from winning the popular vote over Democratic candidate Hillary Clinton. Still, there are some conservative groups that think that voter - that think voter fraud is a problem . Trump defeated Democrat Hillary Clinton, a former USA secretary of state, winning the White House in the Electoral College, the US system of picking presidents in which state-by-state outcomes determine the victor, not the ... Read More »