learningandfinance.com

Business

Asia stocks ease as stronger dollar weighs on crude oil

The dollar was down 0.2 percent at 103.73 yen after rising 0.5 percent in the previous session. The benchmark emerging equities index was down 0.4 percent as risk appetite cooled in the face of uncertainty over when the European Central Bank would end its bond-buying programme, with emerging European and Asian bourses mixed.

Business

Stumpf Retires, Sloan Named Wells Fargo CEO

On Wednesday, the news site Vice presented evidence at least one bank manager complained of the practice dating back to 2005 - well before 2011 when the sales strategy had been thought to begin. As long as Stumpf remained, he would have been a lightning rod for criticism. In a statement announcing his immediate retirement Stumpf said , " new leadership at this time is appropriate to guide Wells Fargo through its current challenges".

Business

Stock's Earning Overview: Denbury Resources Inc. (NYSE:DNR)

The Company Touched its 52-Week High on April 28, 2016 and 52-Week Low on Jan 20, 2016. It has a past 5-day performance of -1.52 percent and trades at an average volume of 4.02M shares. Exxon Mobil is a major manufacturer and marketer of basic petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products.

Business

Bombardier cutting 7500 jobs in a second punishing wave this year

He also reaffirmed his confidence in Bombardier's strategy and its ability to achieve short-term goals as well as the objectives of a 2020 turnaround plan. Bombardier has received a US$1-billion investment in the CSeries from the Quebec government, sold a 30 per cent stake in Bombardier Transportation to Quebec's pension fund manager, the Caisse de depot, and has requested a US$1-billion infusion from the federal government.

Business

Rahul Gandhi's "dalali" barb should not be seen out of context: Congress

Shah said, " Rahul Gandhi should concentrate on the aloo ki factory rather than comment on big issues", according to NDTV . Apart from Bareilly, similar protests against Congress were staged across the state.City president of BJP, Umesh Katheriya, said, "For grabbing headlines in the media, a few Congress leaders, including Rahul Gandhi , are making baseless remarks.

Business

CPI Up 0.3 Percent in September

The consumer-price index increased 0.3 per cent in September from the previous month, matching the median forecast of economists, after a 0.2 per cent gain in August, a Labor Department report showed on Tuesday. A cost of living crisis could be on the way for Northern Ireland after inflation reached 1% in September, an expert has warned. Projections for the advance in consumer prices including all categories ranged from 0.2 percent to 0.4 percent.

Business

Troubled Ericsson see third quarter loss

Sales in Europe were hit by the completion of mobile broadband projects in 2015. The company said it was looking at "further short-term actions, mainly to reduce cost of sales... Sprint Corp, operator of the fourth largest USA mobile network, renegotiated a managed services contract with Ericsson in July, cutting its value by around 50% after the previous $5 billion, 7-year agreement expired.

Business

North Carolina gov offers $5k reward in GOP firebombing case

Someone attacked the Hillsborough, North Carolina GOP office late Saturday night, throwing a Molotov cocktail through one of the building's front windows, according to a statement released. Leaders in North Carolina are calling it an act of political terrorism. Police said they can not release a more detailed narrative of the incident at the time.

Business

Sensex stays positive, jumps 80 pts after Asia upmove

The broader NSE index was up 0.65 percent at 8,715.45 as of 0549 GMT, after falling as much as 0.47 percent on Wednesday. USA crude was below $51 a barrel after Russia's largest oil company said the nation could boost production. On Thursday, foreign institutional investors (FIIs) were net buyers of Indian equities worth Rs 7.3 crore, while domestic institutional investors (DIIs) bought Indian stocks worth Rs 582 crore on a net basis, according to the provisional data published by the National ...

Business

US Soldier Killed in Northern Iraq Roadside Bombing

Mosul, some 400 km north of the Iraqi capital of Baghdad, has been under IS control since June 2014, when Iraqi government forces abandoned their weapons and fled. Iraqi special forces charged into battle early Thursday, joining a massive operation to retake the IS-held city of Mosul. "We're the only ones with the capability", Saedi said.

Business

A Tale of Two Tax Plans

That income is taxed at the capital gains rate of 15 percent, less than half of the rate they would pay for ordinary income. That type of income is subject to regular income tax rates (not the 35 percent rate, but a individual rate that maxes out at 39.6 percent).

Business

Euro near three-month lows, awaits ECB Draghi's views

Meanwhile, the pace of so-called "quantitative easing", its bond-buying program which is now scheduled to end in March 2017, was also left untouched. The bank, he insisted, "is committed to preserving the very substantial degree of monetary accommodation" but that other policy measures, such as structural reforms by governments in the eurozone need to be "substantially stepped up".

Business

Shell says still committed to Showa Shell stake sale

The Idemitsu family is also opposed to the RDS stake purchase. The deal was to have to have been the second in the domestic refining sector after JX Holdings Inc's planned takeover of TonenGeneral Sekiyu KK. Showa Shell fell 4 percent to 950 yen, making it the biggest decliner on the Nikkei 225, while Idemitsu ended the day down 2.6 percent. Idemitsu reportedly plans to talk with Shell about its planned purchase, given the postponement of the full acquisition.

Business

European Central Bank keeps rates at record low

Attention now turns to Draghi's press conference, where investors will be looking for clues about the bank's next stimulus moves following speculation that it may wind down the so-called "quantitative easing" bond-buying scheme. The central bank on Thursday left its main interest rates on hold and maintained the scale and duration of its bond-buying program. Any meaningful extension of asset buys will however require the European Central Bank to modify some of the program's technical ...

Business

Air Force: Toxic chemicals released into city's sewer system

The water was discharged from a fire training area retention tank at Peterson. They said they reported the discharge to Colorado Springs Utilities within 24 hours, and made an official report within five days. Larry Small, executive director of the Fountain Creek Watershed, Flood Control and Greenway District, says that he doubts drinking water in downstream communities will be affected.

Business

Broker Price Targets: EnLink Midstream Partners LP (NYSE:ENLK)

The total size of the offering was $281,250,000 based on an initial share price of $22.50. EnLink Midstream, LLC is a midstream energy services company. Cubist Systematic Strategies LLC now owns 20,340 shares of the company's stock valued at $324,000 after buying an additional 6,417 shares during the period.

Business

Verizon revenue drops as subscriber additions disappoint

Non-GAAP net income of $1.10 per share beat the analysts' estimate of 99 cents, according to Thomson Reuters . Verizon , at the time, dismissed that report as "speculation". Up to Wednesday's close, the stock had risen 8.76 percent since the start of the year. Margin on wireless service earnings before interest, taxes, depreciation and amortization was 59.54 percent.

Business

Severe flooding in Vietnam wreaks havoc as Typhoon Sarika threatens further destruction

Maximum sustained winds in Haima increased from 85 miles per hour late Sunday morning to 160 miles per hour by Tuesday morning (U.S. time), which means the typhoon has undergone rapid intensification. The typhoon will linger above the northern part of the South China Sea before making landfall in Hainan Tuesday morning. "Steered by high pressure aloft to its north, Haima may threaten Luzon, Philippines , or Taiwan late Wednesday or Thursday , potentially as a strong typhoon", the report ...

Business

Euro falls to lowest since March as Draghi guarded on QE course

It could tweak limits on purchases per issue or per issuer, or it could adjust its rule of not buying anything yielding less than its minus 0.4 percent deposit rate. More important, however, Draghi set up the ECB's December 8 meeting as the one in which much will be revealed. "We think they will extend QE by another six months and the reason for that is that while the economy is doing okay, the euro on a trade-weighted basis has rallied a long way which has tightened conditions".

Business

Trump and Clinton neck-and-neck in Ohio

Over recent weeks, Trump has suggested the presidential election may be rigged against him- pointing to unsubstantiated allegations of voter fraud and media bias. Marco Rubio nearly as often as he blistered Donald Trump Thursday at a campaign stop in Florida, accusing the lawmaker of supporting the presidential nominee only to save his own job.

Business

Saudi bonds worth US$17.5bn

The IMF estimates it will have a current account deficit of £17.7 billion next year , an amount that is almost plugged by this week's bonds issue. The austerity drive caused the non-oil economy to shrink in the fine three months of 2015 and the first quarter of this year.

Business

BAT offers to buy Reynolds in $47 billion deal

If it goes ahead, the deal would create the world's largest listed tobacco company. BAT now owns 42.2% of Reynolds and the proposal involves the acquisition of the remaining 57.8% of the company. The deal would give the new company a leading position in the United States and a significant presence in high- growth markets including South America, the Middle East, Asia and Africa.

Business

Consumer prices rose in September on higher oil costs

The increase in the cost of living is a sign inflation is getting closer to the Federal Reserve's goal. Rising gasoline prices pushed annual inflation to a almost two-year high in September, while core inflation rose modestly. The cost of an overnight stay in a hotel rose month-on-month in contrast to a fall a year ago. Economists had expected core prices to rise by 0.2 percent.

Business

Obama condemns Trump's remarks about rejecting result

I'm not looking at anything now. "In effect", Trump said, "I'm being asked to waive centuries of legal precedent created to protect the voters". "The question of voter fraud came up during the debate". During the third and final debate with his Democratic rival Hillary Clinton on Wednesday night, the NY real estate billionaire refused to say if he will honor the election results, an unprecedented statement by a major party presidential nominee in the US history.

Business

Pernod Ricard posts 8% growth in India, global sales up 1%

That's compensating for weakness in China, where demand for expensive cognacs and Scotch whiskies has waned due to a government crackdown on graft and extravagant spending. This was above analysts'estimates of 2.9% for like-for-like growth in a Thomson Reuters poll. Worldwide, the Americas saw the most amount of growth (+8%) with Europe coming in second at +6%.

Business

BAT offers to buys United States tobacco firm Reynolds in $47 billion deal

The UK company has offered to pay $56.50 a share, comprising $24.13 in cash and $32.37 in BAT shares, for the Reynolds shares it does not already own. BAT Chief Executive, Nicandro Durante, says the merger "is the logical progression in our relationship and offers all shareholders a stake in a stronger, truly global tobacco and Next Generation Products company".

Business

PEG Ratio Of Whirlpool Corporation (NYSE:WHR) At 0.82

The company reported $3.50 EPS for the quarter, topping analysts' consensus estimates of $3.37 by $0.13. Sales Estimates: Wall Street Analysts are estimating average sales of $5,718.85M for current quarter (Quarter Ending Dec-16). The stock was sold at an average price of $181.33, for a total transaction of $1,868,968.31. The disclosure for this sale can be found here. The Weekly and Monthly Volatility stands at 2.18% and 1.90%.

Business

Lawmakers Demanding Answers on Leukemia Drug Price Increases

Criticism of Ariad, led by Chief Executive Paris Panayiotopoulos, comes at a time when Mylan NV is being lambasted by consumers and lawmakers for raising prices on its lifesaving EpiPen six-fold to over $600 for a package of two in less than a decade.

Business

Washington unemployment rate drops to 5.6 percent

However, employment in the quarter to August grew to just short of 32m, the highest figure since records began in 1971, with the Office for National Statistics (ONS ) noting that the statistics cover two months after the European Union referendum result.

Business

Euro Weakens as Draghi Signals Additional Stimulus Down the Road

However, with no fresh measures announced Thursday, the expectations on additional policy actions shift to the ECB's next monetary policy meeting in December. "The third and last United States presidential debate overnight also looked to give stock market favourite Hilary Clinton a clear path to the White House next month." said Lee Wild, head of equity strategy at stockbroker Interactive Investor.

Business

Second poll shows Trump bouncing back from scandal and leading Clinton

REPUBLICAN vice presidential candidate Mike Pence has vigorously defended running mate Donald Trump against allegations of sexual misconduct and promised evidence casting doubt on the claims is about to be released . "If that's the experience the American people want to continue, we're not going anywhere". "That is not who I am as a person, and it is not how I've conducted my life."Separately, the Washington Post published an interview with a woman who said Trump put his hand up her skirt in a ...

Business

Al Smith dinner: Most memorable lines

She's struggling to get out of public housing and get a job of her own. Trump has also complained about Alec Baldwin's portrayal of him on " Saturday Night Live ". Trump said Clinton "was so corrupt she got kicked off the Watergate commission". The Alfred E. Smith Memorial Foundation Dinner - held the third Thursday of every October - is a tradition in American presidential politics and marks the last time the two nominees share a stage.

Business

Times ain't a-changin? All-male Nobel lineup draws criticism

He has been unabashed of his advancing age and in 2015 gave his first interview in years to the magazine of AARP, the USA association of retirees and seniors. Many fond memories from my adolescence are associated with his music", she tweeted. "An ill-conceived nostalgia award wrenched from the rancid prostates of senile, gibbering hippies", wrote " Trainspotting " novelist Irvine Welsh.

Business

Rooney insists he has a 'lot of football left'

Mourinho was reluctant to give any hints about his starting line-up for the game during Wednesday's pre-match press conference, but did confirm that Luke Shaw - who joined him for the media briefing - will be named in the United side. Van Persie has scored 23 times in 56 appearances for Fenerbahce , but has managed just one goal this season. They also play Manchester City in the league, a fixture which is not that far away.

Business

Tesco and Unilever resolve price dispute

People trying to buy Flora margarine and Surf washing powder on Tesco's website yesterday encountered the message: "Sorry, this product is now not available", reported The Independent . But now Unilever has confirmed the "supply situation" with Tesco has been "successfully resolved" and that the items are "once again fully available".


Begin ← Back 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 Forward → End