Saturday, 21 October 2017
Latest news
Home » Finance

Finance

Chile into semis after draw with profligate Australia

Chile survived a scare to reach the semi-finals of the Confederations Cup with a 1-1 draw against Australia in Moscow . Liverpool midfielder Emre Can is Germany's only injury concern for Sunday's Confederations Cup match against Cameroon after a training knock. Read More »

Kvitova upbeat ahead of Birmingham final

perth_map

She then chose to make her return to the tennis court 12 months ago at the 50k ITF tournament in Eastbourne where she managed to reach the semi-finals. "I am not feeling any pain". "I couldn't have imagined to have a better comeback than I am having now". When asked how she rated her chances of a third Wimbledon title, she insisted: 'I've just played one match in three sets. Read More »

How major U.S. stock market indexes fared on Monday

perth_map

The Standard & Poor's 500 index fell 0.7 percent to 2,437.03 and the Dow Jones industrial average lost 0.3 percent to 21,467.14. The S&P 500.SPX closed down 1.42 points, or 0.06% at 2,435.61. The stocks market was under pressure as the energy sector dropped over 1.6 per cent. Parexel jumped $3.28, or 3.9 percent, to $87.20. Apple fell 0.5% and Microsoft gave up 0.4%. Read More »

What Boeing, Airbus Totals From The Paris Air Show Really Mean

perth_map

In a sign of that interest, aircraft leasing company Avolon announced a provisional deal to buy 75 Boeing 737 MAX 8s worth $8.4 billion at list prices and said it would have a "hard look" at possible orders for the MAX 10. The order, valued at $112.4 million at list prices, was previously attributed to an unidentified customer on the Boeing Orders & Deliveries website. Read More »

Wall Street falls as Amazon-Whole Foods deal crushes retailers

perth_map

Meanwhile, shares of Whole Foods rose almost 30%, while the Amazon stock was up over 2%. Whole Foods has posted seven straight quarterly sales declines at established stores and recently overhauled its board of directors in the face of pressure from activist hedge fund Jana Partners LLC. Read More »

He's Out: Uber CEO Travis Kalanick Has Resigned

perth_map

Mr. Kalanick's resignation opens questions of who may take over Uber , especially since the company has been so molded in his image. The car-sharing startup has been unable to shake controversy and negative public opinion all year, both related directly to Kalanick and more broadly to the culture of the company. Read More »

Turkey Rejects Saudi, Allies Demand to Shut Down Qatar Base

perth_map

On Thursday Turkey sent a small contingent of soldiers and armored vehicles to Qatar, after a fast-tracked legislation change allowed for more troops to be deployed there. Qatar's government, for its part, is denying the allegations that it funds and harbors terrorists. US President Donald Trump has taken a tough stance on Qatar, accusing it of being a "high level" sponsor of terrorism, but he has also offered help to the parties in the dispute to resolve their differences. Read More »

Symantec refuses Russian Federation request for source code access

perth_map

Several of the Russian companies that conduct the testing for Western tech companies on behalf of Russian regulators have current or previous links to the Russian military, according to their websites. Then again, that may change if more evidence of Russian involvement in government hacking comes to light. One executive, who has partnerships with most of the vendors mentioned in the report and did not want to be named, was eager to learn more about the precautions companies were likely to take ... Read More »

Democratic disappointment: 4 more lessons from this year's special elections

She would also know that Trump owes his presidency as much to votes from disgruntled Democrats who once voted for Obama twice, as he does to rural Republican voters. Continuing, Perez said, "That was Newt Gingrich's old seat, heavily gerrymandered by Georgia", referring to the former Speaker of the House. It was a close race that analysts feel could have been lost by the Republicans had it not been for the negative Pelosi association. Read More »

Amazon and Whole Foods footprints are remarkably similar — Geographic analysis

perth_map

On Friday, Amazon sent shockwaves through the world of retail by announcing its intention to buy upscale grocery chain Whole Foods for $13.7bn. The proximity of many Whole Foods stores to existing Amazon locations could be one of the factors that attracted Amazon to the deal - making it easier to integrate its existing delivery infrastructure with its new retail presence. Read More »

Could Amazon's Whole Foods takeover happen here?

perth_map

Amazon "didn't put this out of reach for everybody else" in terms of price, he said. He raised his price target on Whole Foods to $45 after the Amazon deal was announced. Whole Foods, on the other hand, has been derided as "Whole Paycheck" for its high prices. What the online retail behemoth is planning with the Whole Foods deal and its 460 brick and mortar locations throughout the US, Canada, and the United Kingdom is anyone's guess, but as Business Insider points out , this may be a ... Read More »

JP Marvel Investment Advisors LLC Sells 3940 Shares of Imax Corporation (IMAX)

Imax Corporation has a 52 week low of $22.50 and a 52 week high of $35.30. Axiom International Investors LLC DE's holdings in Imax Corporation were worth $1,723,000 at the end of the most recent reporting period. For the current year the company's revenue estimates are $392.65 Million compared to low analyst estimates of $370.6 Million and high estimates of $414.4 Million according to the prediction of 14 analysts. Read More »

Should You Sell Scorpio Bulkers Inc. Based On Current Broker Views?

On average, equities research analysts forecast that Safe Bulkers will post ($0.19) EPS for the current year. The highest EPS estimate is ($0.07) and the lowest is ($0.20). 1,242,513 shares of the company's stock were exchanged. They now have a Dollars 6 price target on the stock. The stock's market capitalization is 444.76M, it has a 52-week low of 2.63 and a 52-week high of 10.14. Read More »

Chiefs reach out to ESPN's Louis Riddick for GM job

Riddick, however, immediately dispelled the rumor by denying it outright via Twitter. That would be Riddick himself, who took to social media on Sunday to say that word of the Chiefs' interest has not been conveyed to him. That may or may not be true, but the Chiefs are without one of the top talent evaluators in the National Football League who drafted a number of Pro Bowl players during his time in Kansas City. Read More »

Just About Every Major Medical Group Hates the GOP Health Care Plans

Thursday, Senate Republicans revealed their approach to repealing and replacing the Obama administration's signature health care initiative, the Affordable Care Act . Now, Senate Majority Leader Mitch McConnell is planning a vote next week. Johnson said Friday that would be "way too early". Paul said, "My hope is not to defeat the bill". Read More »

Justices side with government in property rights case

The case was closely watched by property rights and business groups that say it should be easier for landowners to get compensation when government regulations restrict land use. Taking all those factors into account, the Murrs "have not been deprived of all economically beneficial use of their property", Kennedy said. Kennedy said that "no single test" is determinative of which regulations are sufficiently onerous to deserve compensation by the state. Read More »

UAE's Gargash: Qatar Isolation Could Last for Years

perth_map

The UAE minister accused the nation of "supporting jihadists" and insisted that to broker peace, Qatar must end its support "to extremist Islamists". "They have built a sophisticated podium for jihadism and extremism", he said . Saudi Arabia, Egypt and a number of gulf nations on June 5 abruptly cut diplomatic and commercial ties with Qatar, home to a major US military base in the region, citing a range of complaints from its ties to the Muslim Brotherhood and Iran to its funding of the ... Read More »

NXP Semiconductors NV (NXPI) Stake Boosted by ProVise Management Group LLC

The institutional investor held 36,677 shares of the semiconductors company at the end of 2016Q4, valued at $3.60 million, down from 69,632 at the end of the previous reported quarter. Robert W. Baird downgraded it to "Neutral" rating and $110 target in Friday, October 28 report. The stock presently has a consensus rating of "Hold" and an average price target of $109.61. Read More »

Celadon Group (CGI) Receiving Somewhat Favorable News Coverage, Analysis Shows

SciClone Pharmaceuticals, Inc.is a pharmaceutical company. The company has market cap of $114.62 million. The Company's divisions include Bauxite, Alumina, Aluminum, Cast Products, Energy and Rolled Products. The stock's 50 day moving average is 2.20 and its 200 day moving average is 6.13. CGI Group had 12 analyst reports since July 29, 2015 according to SRatingsIntel. Read More »

A New Lawsuit Claims Trump Illegally Destroyed Presidential Records

His call for unity, however, was rather incongruent with his tweet just hours before, when he ripped into House and Senate Minority Leaders Nancy Pelosi and Chuck Schumer, even derisively nicknaming the latter "Cryin' Chuck". She filled the chief usher's position last week with an employee from the Trump hotel down the street. "Using certain communications technology that prevents the preservation of a record nearly from when it is created deprives and will continue to deprive the ... Read More »

Pentagon Says Russia Still Using Crisis Hotline To Avoid Clashes In Syria

perth_map

The Russians and Syrians have been able to blame their indiscriminate attacks on civilians on the Islamic State terrorists, but with fewer terrorists left to fight, they can no longer hide behind that flimsy excuse. "(The U.S. presence) is absolutely illegal", Russian Deputy Foreign Minister Mikhail Bogdanov told journalists Tuesday in Moscow . Syrian state television, quoting army sources , said they had resumed the offensive, which took place as U.S. Read More »

Macquarie Reaffirms "Outperform" Rating for Reckitt Benckiser Group Plc (RB)

Topeka Capital Markets maintained the shares of SM in report on Wednesday, January 20 with "Buy" rating. As per Monday, February 29, the company rating was maintained by Nomura. The rating was maintained by UBS on Wednesday, March 16 with "Buy". Equiniti Group had its "Outperform" rating reiterated by analysts at Credit Suisse. Read More »

Platinum Investment Management Ltd. Has $1599000 Stake in Groupon, Inc. (GRPN)

State Street Corp now owns 6,593,331 shares of the coupon company's stock worth $21,890,000 after buying an additional 386,179 shares during the period. Canada Pension Plan Inv Board has invested 0% in Groupon Inc (NASDAQ:GRPN). NasdaqGS:GRPN is -0.03937. This number is calculated by looking at the sum of the dividend yield plus percentage of sales repurchased and net debt repaid yield. Read More »

Italian PM 'guarantees' savers' accounts in 2 troubled banks

The bad loans and other troubled assets will be put into a separate "bad bank" and probably sold at a deep discount. Rome feared that under those rules losses could have been imposed on senior bondholders and large depositors, a politically unpalatable prospect in the run-up to elections next year. Read More »