Monday, 24 April 2017
Latest news
Home » Finance


Rouhani, Putin Slam US Aggression on Syria


Russia's top diplomat accused the United States on Wednesday of carrying out an unlawful attack against Syrian President Bashar Assad's forces as he opened a fraught meeting with visiting U.S. Iran has also contributed Shiite militias to back Assad. "If Russia wants to be absolved of responsibility for future attacks, [President] Vladimir Putin needs to enforce commitments, to dismantle Assad's chemical weapons arsenal for good, and to get fully engaged with the United Nations peacekeeping ... Read More »

U.S. unemployment down, but job growth cools


Schwartz at The New York Times . That was thanks mostly to a decline in the short-term unemployed, or those out of work and seeking a job for less than five weeks. Virginia's seasonally adjusted nonfarm employment increased by 11,400 jobs in February to a total of 3,957,700, the third consecutive monthly increase, according to the statement. Read More »

Rio Tinto plc (RIO) Given "Buy" Rating at Jefferies Group LLC


A number of other brokerages also recently issued reports on ASC. Credit Suisse Group AG reiterated an "outperform" rating and issued a GBX 2,370 ($29.83) target price on shares of Diageo plc in a research note on Tuesday, January 10th. If you are reading this piece on another domain, it was illegally copied and reposted in violation of U.S. and worldwide trademark & copyright law. The firm also recently announced a dividend, which will be paid on Thursday, April 6th. Read More »

Britain's May wins parliament's backing for June 8 snap election

Anne Richards, chief executive of investment manager M&G Investments, said she thought the election move was due to the timing of Brexit talks, not a "potential squeeze" on real incomes. European Union leaders gave vague statements on the announcement. May told MPs the upcoming snap election will be about leadership and stability, saying: "I will be asking for the public's support to deliver my plan for a stronger Britain". Read More »

Spirit of America Management Corp NY Boosts Position in Apache Co

QV Investors Inc. boosted its position in shares of Apache Corporation by 21.5% in the second quarter. The fund owned 3,000 shares of the energy company's stock after buying an additional 1,000 shares during the period. will post $1.20 earnings per share for the current fiscal year. The company also recently declared a quarterly dividend, which will be paid on Monday, May 22nd. Read More »

Govt assesses impact of US, Oz visa curbs on Indians

After US President Donald Trump signed an executive order which calls for a review of the H-1B visa programme on Wednesday, the government may look at approaching WTO if US changes H1-B policy, some government sources told Cogencis which BTVi reported. Read More »

Oil prices claw back losses, but oversupply still weighs

Brent crude futures dipped 18 cents at $54.71 a barrel as of 15:16 GMT, while U.S. crude futures lost 19 cents to $52.22 a barrel. It was the lowest close since March 31. USA shale production is ramping up aggressively. US supplies of crude are still near records and more than 100 million barrels higher than the five-year average for this time of the year, data compiled from the EIA show. Read More »

Virtu Financial Agrees to Purchase KCG Holdings


The deal comes at a hard time for high-frequency traders, which use powerful computers to buy and sell securities in fractions of a second. KCG was formed in December 2012 from the merger of New Jersey-based Knight Capital Group - a pioneer of electronic market making - and Chicago-based Getco LLC. Read More »

Stocks open higher; Dow hopes to break losing streak


The Standard & Poor's 500 index gave up 4.02 points, or 0.2 percent, to 2,338.17. The Nasdaq composite increased 13 points, or 0.2 percent, to 5,863. The U.S. dollar was back on the defensive Thursday, pressured by a stronger pound. WTI futures for April delivery were marked 1.03% higher at $50.96 per barrel while Brent contracts for the same month, the global benchmark were seen 0.75% higher at $53.09 per barrel. Read More »

SGX Q3 profit down 6.8% amid derivatives decline


Shares of SGX closed 3 Singapore cents lower at S$7.45 on Thursday. Looking at SGX's operating revenues during Q3 FY2017, the group reported $202.7 million over this timeframe, justifying a tepid growth of 1.5 percent quarter-over-quarter from $199.6 million in Q2 FY2017 - its latest figure was however lower relative to $205.8 million in Q3 FY2016, or -1.6 percent year-over-year. Read More »

Rob Gronkowski crashes White House press briefing


Brady was absent Wednesday due to "personal" matters. The Boston Herald reported that Brady was spending time with his mother, who is fighting cancer. At least 34 Patriots players were on site for the ceremony. Trump compared the Patriots' record 25-point comeback against the Atlanta Falcons to his defeat of the widely favored Democratic nominee Hillary ClintonHillary Rodham ClintonTrump draws parallels between Patriots and his White House win Who will replace Chaffetz on Oversight? ... Read More »

Quarterly EPS analysis of Skechers U.S.A., Inc. (NYSE:SKX)

This showed the surprise of -55.6% in the last quarter earnings. 03/24/2017 - Skechers U.S.A., Inc. was upgraded to "outperform" by analysts at Cowen. EPS long term mean growth rate estimated by 1 analysts is at 10%, whereas, the high and low Long term growth rate estimated at 10 and 10. Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not. Read More »

OPEC, non-OPEC to meet on same day as group's May gathering


West Texas Intermediate for May delivery dropped 73 cents, or 1.4%, to $51.68/bbl at 12:33 p.m. on the New York Mercantile Exchange. That is an important first step for a market in which production has exceeded consumption for most of the last 3 years but it hardly means that $70 oil prices are around the corner. Read More »

Trump to order national security investigation of imported steel


President Trump on Thursday will sign a directive calling for an investigation into whether foreign-made steel imports are harming national security, Reuters reported late Wednesday. Trump has railed against China for its excess steel production, but it's unclear whether any potential restrictions on steel imports will fall exclusively on China following the administration review. Read More »

Venezuela seizes GM auto plant


GM also added that this move could bring irreparable damage to the business. GM, like other Venezuelan manufacturers, has struggled for years to obtain hard currency to import auto parts because of the country's stringent currency controls. Read More »

France says to provide proof on Syria govt chemical weapons use

Israel welcomed the strike on its northern neighbor. Syria agreed to give up its chemical weapons arsenal to avert US strikes following a chemical weapons attack in opposition-held suburbs of Damascus in August 2013 that killed hundreds of people and sparked worldwide outrage. Read More »

Average True Range of Gold Standard Ventures Corporation (AMEX:GSV) stands at0.14


The Price to Sales (P/S) ratio of the stock is 0, while P/B (Price to Book) stands at 3.84. The company's market cap is $417.39 Million, and the average volume is 1.68 Million. According to Finviz reported data, The SMA20 of the stock is at -13.51 percent, SMA50 is -20.79 percent, while SMA200 is -13.5 percent. ROA ratio indicates how profitable a company is relative to its total assets. Read More »

Maduro Says Ready for Elections Amid Anti-Government Protests in Caracas

Pro-government militias, some of whose members were armed, were blamed for the two deaths, including that of a teenager in Caracas who was heading to a soccer game with friends. In February, Lopez's wife went to the White House with Florida Senator Marco Rubio. On Tuesday night he activated a military, police and civilian operation called the "Zamora Plan" aimed at combatting a supposed coup attempt - which the president says is being orchestrated by Venezuela's opposition and the United ... Read More »

Melania Trump reminds Donald to put hand on heart during anthem

Opening his first White House Easter Egg Roll, President Trump extolled the strength of America as thousands of children and some adults reveled in the tradition of rolling hard-boiled eggs across the manicured lawn in his backyard. At one point, Trump signed a child's hat, only to toss it into a crowd of people. Melania and Barron , who traveled to Washington from NY - where they are living until the 10-year-old finishes the school year - appeared with Trump, accompanied by a human-sized ... Read More »

Christie, Cuomo Want Independent Review of Penn Station Problems


TRENTON, N.J. (AP) — The governors of New Jersey and NY say they want "independent verification" of track safety at New York's Penn Station, citing recent train derailments and service disruptions. In response, Amtrak issued a statement saying it will immediately share any findings to develop a plan for safe and efficent service. The Long Island Rail Road carries 230,000 passengers through Penn Station every day, according to the governors' letter, while NJ Transit brings almost 200,000 ... Read More »

Only 34 New England Patriots showed up to meet Trump

The star quarterback Tom Brady is skipping the first day of New England Patriots' voluntary offseason workouts, and the valuable chemistry built during this time that can never be replaced is clearly in peril. The Wednesday's ceremony at White House in Washington is expected to go on as planned, despite the news that the former New England Patriots tight end Aaron Hernandez hung himself in prison. Read More »

How Donald Trump came to love North Atlantic Treaty Organisation

For those suffering from policy whiplash, here is a quick guide to where Trump now stands. Stoltenberg said he was of the same mind as Trump on terrorism, a problem toward which North Atlantic Treaty Organisation has sought to adapt itself to address, and defense spending among member states, which both men agreed must increase. Read More »