learningandfinance.com

Business

OPEC agrees to take 1.2 million barrels oil cut per day

Russia, which is not a member of OPEC, has agreed to reduce its oil production by 300,000 barrels a day, but Iran, which has increased its oil production to about 3.7 million barrels a day since sanctions were lifted in January, has indicated that it plans to ratchet up production even more to 4.8 million barrels a day by 2021.

Business

UK Nationwide House Price Growth Eases In November

The FTSE 250 company said that its pre-tax profit increased 64pc to £84.2m in the 12 months to September 30. House prices increased last month at the weakest annual rate since January, according to Nationwide, although there are signs that demand in the market is beginning to improve.

Business

House price growth slowest since January

House prices edged up by 0.1% month-on-month in November, following a 0% change in October, taking the average property value across the United Kingdom to £204,947. Samuel Tombs at Pantheon Macroeconomics said the index has flatlined over the past two months, and added that, because the Nationwide data is based on lenders' mortgage offers, "it should already have registered any boost to loan values from the fall in mortgage rates since the referendum".

Business

Mallinckrodt PLC (NYSE:MNK) reports net income of $115 million

Cwm Ltd Liability last reported 0% of its portfolio in the stock. Several other hedge funds have also added to or reduced their stakes in MNK . While looking at the Stock's Performance, Mallinckrodt Public Limited Company now shows a Weekly Performance of -7.81%, where Monthly Performance is -14.6%, Quarterly performance is -30.15%, 6 Months performance is -19.59% and yearly performance percentage is -22.81%.

Business

Commerce Bancshares, Inc. (NASDAQ:CBSH) To Report June 2016 Results

According to the SEC, on Nov 18, 2016, F Justin Strickland (President) sold 24,773 shares at $30.78 per share price. (NASDAQ:CBSH) is a huge mover today! 09/15/2015 - Piper Jaffray began new coverage on Merchants Bancshares, Inc. State Treasurer State Of Michigan has invested 0.01% of its portfolio in Commerce Bancshares, Inc. Credit Suisse Ag last reported 101,474 shares in the company.

Business

Revenue Estimates Analysis: Energy Transfer Equity, L.P. (NYSE:ETE)

It has underperformed by 44.00% the S&P500. Insitutional Activity: The institutional sentiment increased to 1.34 in Q2 2016. The ratio increased, as 48 funds sold all ETP shares owned while 135 reduced positions. Finally, Laurel Wealth Advisors Inc. boosted its stake in Energy Transfer Partners L.P.by 0.6% in the third quarter. Energy Transfer Partners, L.P.

Business

Rolls-Royce to axe 800 jobs from marine division

Restructuring steps will include a further simplification of the unit's structure, including a "streamlining" of senior management, plus unspecified cost-reduction initiatives, London-based Rolls-Royce said Thursday. The prolonged slump in oil and gas prices has weighed on demand for the Rolls-Royce-powered ships used in exploration and serving of rigs. Rolls-Royce also will invest in creating a new research and development centre for new propulsion products, in addition to an expanded ...

Business

Big Mover: United Continental Holdings, Inc. (NYSE:UAL)

Standpoint Research initiated coverage on United Continental Holdings in a research report on Thursday, August 25th. Frontier Capital Management Co. IFP Advisors Inc boosted its stake in United Continental Holdings by 19.6% in the second quarter.

Business

Jurgen Klopp explains Leeds team selection: Liverpool ace has been forgotten about

Players like Alberto Moreno and Kevin Stewart will know that they should have done more to force themselves into Klopp's plans. Klopp has now confirmed the predicted diagnosis that the 24-year-old will be out until probably the new year.

Business

British Gas set to freeze standard tariffs for the winter

It also ramps up pressure on the remaining "big six" firms Iberdrola's Scottish Power, RWE's npower and EDF Energy, to do the same. "The reason British Gas and SSE feel the need to promise a price freeze is because the huge increase in wholesale prices and the weakness of the pound means we're seeing massive inflation in the energy market".

Business

Oil prices hold gains after surge on OPEC output deal

The deal hinges on non-OPEC producers committing to reduce output by 600,000 barrels a day, half of which Russian Federation has reportedly already agreed to deliver. Brent crude prices were up over 8 percent as the deal was announced, trading around $50.12 a barrel while WTI was also up over 8 percent and trading at approximately $48.97 a barrel.

Business

Oil price soars as Opec agrees output cut

A $5 increase in the price of a barrel of oil could result in a 13 cent hike in gas prices, according to AAA. "There is firm and common ground that continuous collaborative efforts among producers, both within and outside OPEC, will complement the market in restoring a supply and demand balance".

Business

Oil price soars as Opec agrees output cut

A $5 increase in the price of a barrel of oil could result in a 13 cent hike in gas prices, according to AAA. "There is firm and common ground that continuous collaborative efforts among producers, both within and outside OPEC, will complement the market in restoring a supply and demand balance".

Business

Royal Bank of Scotland fails stress test

The test did not reveal capital inadequacies for the other four participating banks - HSBC, Lloyds Banking Group, Nationwide Building Society and Santander UK. Bank of England Governor Mark Carney insisted the United Kingdom should have confidence in its financial sector as the Bank released its Financial Stability Report.

Business

Royal Bank of Scotland fails stress test

The test did not reveal capital inadequacies for the other four participating banks - HSBC, Lloyds Banking Group, Nationwide Building Society and Santander UK. Bank of England Governor Mark Carney insisted the United Kingdom should have confidence in its financial sector as the Bank released its Financial Stability Report.

Business

Canada approves new pipelines to boost exports, environmentalists ready to fight

Climate advocates such as Patrick DeRochie of Environmental Defence said the approvals raise "grave doubts" Canada can meet its worldwide 2030 climate goals, and that much deeper emissions cuts will have to be made elsewhere in the Canadian economy.

Business

Brexit to spark United Kingdom slowdown, blow hole in public purse

In an illustration of how sharply the public finances have deteriorated since March, the OBR forecast that rather than the £10.4bn surplus Mr Osborne had been hoping to achieve in 2019/20, the United Kingdom will still have a deficit of £20.7bn at the end of a decade of austerity.

Business

W.H.O. issues new guidelines on HIV self-testing

HVTN 702 is a placebo-controlled trial, meaning that participants are randomly assigned to two groups where one group will receive the test vaccines and the other will receive a placebo which is a simple saline solution. Scientists say that this could be a new dawn in the world if it is to be successful. A safe and effective HIV vaccine would go a long way towards ending HIV in the country.

Business

Francois Fillon Wants To Make France Great Again

Francois Fillon has won France's Republican presidential primary, after his opponent Alain Juppe conceded defeat. According to the Harris interactive poll quoted by BFMTV (in French), Mr Fillon would lead the National Front candidate by 26% to 24% in the first round, then win the run-off against her by 67% to 33%.

Business

Brent soars above $52 after Opec deal

In Arkansas, gasoline cost $1.91 a gallon Wednesday, up from $1.87 a year ago. The possibility that OPEC will be unable to meet its commitment to cut production could also undermine prices as well. USA shale producers are poised to benefit the most - if their production increases, it could offset OPEC's efforts. On the foreign exchange market, the ruble, the support against the Euro and the US Dollar, the strengthening of the oil prices had, however, lost a part of its growth.

Business

Oil Up More Than 8% As OPEC Finalises Output Cut Deal

Saudi Arabia accepted particularly big cuts to production. OPEC accounts for a third of global oil production, now extracting 33.64 million bpd. "We will continue to monitor developments but, as it stands, we are leaving our forecasts for the Saudi economy in 2017-18", Tuvey wrote.

Business

Analyst Opinion Summary: The Coca-Cola Company (NYSE:KO), NVIDIA Corporation (NASDAQ:NVDA)

The company's stock is moving with the distance from SMA 50 of 3.81 Percent while the distance from 200-day simple moving average for the stock is 16.65 percent. FMC Technologies, Inc. (NYSE:FTI) reported its EPS in the last quarter as $0.35/Share Topping the analyst estimate of $0.23/Share by the difference of $0.12.

Business

Figures show Cyber Monday still the year's biggest sales day

Cyber Monday is expected to generate slightly less mobile revenue than Black Friday at $1.19bn, but that's still a 48 percent increase on a year ago, according to the analysis by Adobe. While more shoppers are flocking to smartphones to take advantage of deals and offers, transactions on tablets are showing a steady decline across the board.

Business

Oil price falling again as doubts grow over Opec production cut

With a high degree of uncertainty going into the last 24 hours before the meeting, traders said there was a high chance of sudden price swings based on news headlines coming out of Vienna . As it has become "business as usual" for OPEC , Iran and the Saudis are again at loggerheads and the market is again left guessing what will happen tomorrow.

Business

Tax reform, repatriation of dollars top priority: Steven Mnuchin

Bush. "There will be no absolute tax cut for the upper class", he said on CNBC . Trump appears with investor Wilbur Ross at the clubhouse of Trump International Golf Club, in Bedminster Township, New Jersey, in November. He also praised the deal reached by Trump and Carrier to keep about 1,000 jobs in IN, calling it "terrific". "This is a great first win without us even having taken the job".

Business

The Electoral College undermines democracy

It would be a slap in the face to the almost 60 million Americans who voted for Trump. The electoral college has continually been in the center of controversy. This election was the fourth time in US history that the actual votes of the people were ignored in favor of an electoral college count. Clinton's growing lead over Trump is only giving oxygen to longshot efforts by some Democrats to pressure the electoral college to choose Clinton as the next president when they officially ...

Business

Bigger-than-expected OPEC oil deal may continue to buoy Gulf

Venezuelan Oil Minister Eulogio del Pino said non-OPEC countries that signaled their readiness to cooperate with OPEC's production cuts included Kazakhstan, Oman, and Mexico. "Comments from respondents suggest some increased uncertainty, though, with several raising concerns about continued oversupply and recent oil price weakness".

Business

Carrier: Trump gave us state 'incentives' to save jobs

The company has been building heating and cooling systems in Indianapolis since the 1950s. Few details were revealed on Wednesday about what was offered to Carrier, which is owned by United Technologies, a much larger company based in CT that has contracts with the US government.

Business

Cash withdrawal limit from Jan Dhan accounts to Rs

This notification applies to all those "know your customer" (KYC) compliant Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts which are funded through deposits of new bank notes after November 9, 2016. Prime Minister Narendra Modi had launched the Jan Dhan accounts with much fanfare in 2014 putting stiff targets for bank to get large number of unbanked sections particularly in the rural areas.

Business

Whiting Petroleum Corporation (NYSE:WLL) , Arrowhead Research Corporation (NASDAQ:ARWR)

EPS is usually considered to be the most important variable in determining a share's price. 09/13/2016 - FBR Capital Markets began new coverage on Whiting Petroleum Corporation giving the company a "market perform" rating. Its up 0.32, from 0.99 in 2016Q1. 51 funds bought stakes while 85 increased positions. They now own 47.31 million shares or 31.78% more from 35.90 million shares in 2016Q1.

Business

Brexit secretary: United Kingdom would consider paying European Union for Single Market access

The bosses of Sainsbury's, Marks & Spencer and Morrisons have said Britain's food and supermarket sector will need continued access to EU migrant labour after the country leaves the European Union . We all agree on that. Britain faces a two-year countdown to exit once the government gives formal notice of its intention to leave the European Union , as Prime Minister Theresa May has pledged to do by March 2017.

Business

Oil falls $2 a barrel on OPEC cut uncertainty ahead of meeting

Because Vladimir Putin, the Russian president, is signalling willingness to freeze output, this could actually end up translating to a token cut to buttress an Opec agreement to boost both prices and the dire situation of the Russian economy.

Business

Voxpro creates 400 new jobs at new Dublin Office

West Pharmaceutical Services is to create more jobs at its Mulhuddart site. The company will recruit over the next 12-18 months, bringing the total number of employees by the company to 2,000 in Ireland. Voxpro is Ireland's largest worldwide provider of customer experience, technical support and sales operations solutions. The new roles will be in sales and support, customers operations and engineering.

Business

India unveils the world's largest solar power plant

The vast 2,500 acre site in Tamil Nadu is the size of almost 60 Taj Mahals, while the area of the solar panels alone could hold 476 football pitches. Images of India's Kamuthi Solar Power Project have just been unveiled, giving people across the globe a look at the planet's largest solar plant.

Business

Detroit police arrest about 40 during union, wage protest

A state senator was among almost three dozen people arrested following a demonstration in Cambridge in support of a $15-per-hour minimum wage. Home health and child care providers, and some drivers for ride service Uber Technologies Inc [UBER.UL] planned to join the action, which is backed by the Service Employees International Union.


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 Forward → End